Project Management Full Course Lecture Notes

Introduction

• Overview of Project Management course
• Lecturers: Chandra MR and Ishan
• Topics: Project Management basics, project planning, tools, PMP exam prep, roles, and more

What is Project Management?

• Application of knowledge, skills, tools, and techniques to meet project requirements
• Objectives: Deliverables within time and budget
• Constraints: Scope, time, quality, cost, risk, resources

Project Life Cycle

• Temporary endeavor with definite start and end
• Life Cycle Phases: Initiation, Planning, Execution, Monitoring, Closure
• Involves multiple project cycles in a product/service lifecycle

Key Focus Areas in Project Management

• Scope: Defining deliverables, in and out of scope items
• Schedule: Time management, dependencies, deliverable prioritization
• Cost: Budget management, tolerances, economic value assessment
• Quality: Compliance, standardization, auditing processes
• Resources: Human and technological, conflict management
• Stakeholders: Engagement, power and influence assessment

Project Planning Fundamentals

• Determining scope, cost, resources
• Work Breakdown Structure (WBS)
• Identifying stakeholders
• Defining project objectives

Importance of Project Planning

• Reduces cost and time
• Increases employee satisfaction
• Ensures quality assurance
• Reduces project risk

Tools for Project Planning

• Gantt Chart: Tracking status, dependencies
• Critical Path Method (CPM): Scheduling project activities
• PERT Chart: Graphical timeline and task dependencies
• Project Documentation: Guidelines and mistakes analysis

Project Management Tools

• Monday.com: Planning, monitoring, customizable
• Wrike: Collaborative editing, real-time reporting
• Jira: Agile reporting, bug tracking
• Trello: Organizing projects using boards and cards
• Asana: Task management, progress tracking

Agile Project Management

• Agile Cycle: Sprints, delivering in stages
• Benefits: High quality, customer satisfaction, reduced risk
• Principles: Fast delivery, stakeholder involvement, adaptive planning
• Frameworks: Kanban, Scrum, Hybrid, Lean

PMP Certification

• Eligibility: Experience and education in project management
• Exam Pattern: 200 questions, PMP book as guide
• Benefits: Career advancement, higher salary

Roles and Responsibilities of a Project Manager

• Setting project scope and feasibility
• Developing and executing project plans
• Managing resources, risks, and stakeholder communication

Interview Questions and Answers

• Understanding basic concepts like project charter, scope, life cycle
• Critical skills for project managers
• Tools, techniques, and methodologies in project management
• Practical scenarios and problem-solving approaches

Closing Remarks

• Importance of continuous learning and adapting best practices
• Encouragement to engage in further training and certification

This summary encapsulates the essential learnings from the detailed lecture on Project Management, ensuring a comprehensive understanding of the field and preparing for real-world application and certification.