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Top 5 project management concepts you must learn in your Project Management Course Certification

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The certification is beneficial for career and valuable only if you have the know-how of all vital terminologies and concepts. Check out here, the essential top 5 concepts you must learn after pursuing project management course certification – PowerPoint PPT presentation

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Title: Top 5 project management concepts you must learn in your Project Management Course Certification


1
Top 5 project management concepts you must learn
in your Project Management Course Certification
  • http//www.mitsde.com

2
Top 5 project management concepts you must learn
in your Project Management Course Certification
  •  Project Management is a discipline that involves
    planning, controlling, securing and managing of
    resources to achieve specified goals.
  • The project requirements are met by applying
    knowledge, skills, tools, and techniques.
  • The Project Management Course imparts this
    relevant knowledge and skills. It enables the
    candidates to ensure successful execution of the
    project within the deadline and proposed budget.
  • Doing such courses accelerates your chances of
    getting hold of a high-flying job while the
    working professionals witness promotion and hike
    in salaries.

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1.      Decision making
  • Initiation is the primary phase of any project.
    It involves analyzing the scope of the project
    and finding out whether the project is worth your
    efforts.
  • It involves the formulation of strategies to
    achieve end goals.
  • The process deals with addressing two important
    questions- what are you going to do and in what
    way youll perform the operations to meet the
    objectives.
  • This phase requires effectual decision making,
    so it is essential to learn this concept during
    your course.

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2.      Project Scheduling
  • Once the project has received thumbs up for
    execution, the next step involves digging into
    project details.
  • Project scheduling involves defining the tasks,
    calculating the budget, identifying the resources
    required, defining acceptance criteria for
    testing and devising time frames for the
    execution of the project.
  • A well-planned schedule facilitates the project
    manager to manage the resources, capital and
    operations efficaciously.

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3.      Resource Planning and Management
  • The resource of a project includes available
    materials, people, equipment, time and knowledge.
  • Usually, the organizations have limited resources
    and it is the task of a project manager to
    effectively plan and manage the resources so that
    the end goals are met.
  • A resource allocation plan is also extremely
    important to manage the scarce resources.
  • A well-defined plan leads to effective resource
    management. The project manager should also be
    ready for adverse situations and the resource
    plan should be flexible to changes.
  • The Project Management courses teach the art of
    managing the resources and devising useful
    strategies to achieve the objectives.

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4.      Risk Management
  • Risks are likely to occur in the course of the
    project but what lies behind the success of any
    project is effective risk management.
  • It is about anticipating the risk and having a
    plan to tackle it efficiently whenever it arises.
  • Risk management includes identification of risk,
    analysis of risk, and the monitoring and
    controlling of risk by adopting effective
    strategies.
  • It is a vital skill that saves time, money and
    efforts of your entire team thereby increasing
    the possibility of positive events.

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5.     Quality Management
  • The quality of deliverables is of utmost
    importance for the success of the project.
  • Lack of proper quality control leads to defects
    in the deliverables, which in turn, leads to
    wastage of time and money that is spent on
    rework.
  • Quality Management is a process whereby the
    standards or requirements of a project are
    established catering to the customers
    perspective.
  • It is then ensured that the operations are going
    in accordance with the established standards.
  • It is the task of a project manager to define the
    acceptance quality, and the quality of
    deliverables is then measured with respect to
    that.

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Summary
  • Though there are a plethora of institutes that
    offer management courses, but pursuing course
    from reputed institute like MIT School of
    Distance Education enhances the value of your
    resume. The institute facilitates you to upgrade
    your skills via online mode so that you can learn
    at your own convenience. A PG Diploma Course in
    Project Management offered by the institute
    incorporates all the aforementioned concepts.
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