Project Management 101 Training | Introduction to Project Management | Project Management Basics
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- เผยแพร่เมื่อ 30 มิ.ย. 2024
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0:00 Introduction
3:19 What is a Project
8:41 Where do projects come from
11:29 Project Constraints
16:26 How do you define Project Success
31:42 What is Project Management?
34:27 Programs and Portfolios
39:27 Project Manager
44:17 Organizational Structure
54:15 Project Management Office (PMO)
1:01:57 Project Stakeholders
1:06:52 Project Management Life Cycle
1:14:00 Project Management Processes
💥 Wow! We've been blown away by all the messages and we've heard you loud and clear - you want those slides! So we have made the PDF of the exact slides used in this video. No more frantically scribbling notes - get all the insights you need in a clean, easy-to-use format. Head over to www.pmclounge.com/shop and snag your copy of the slides today!
PM101 - Part 1
1) Project is TEMPORARY (it has definite start date and end date)
2) It has defined SCOPE and RESOURCES
3) It is UNIQUE
4) It's not routine operational work, with repetitive output
5) It has specific set of activities designed to accomplish well defined objectives
6) Project vs Operation
• Project - Putting together a team of research analyst to design and prototype water proof phone within 6 months
• Operation - Manufacturing thousand of phone using the design blueprint
7) Project constraints (Iron triangle/ Triple constraint triangle)
• Cost
• Scope
• Time
These three constraints govern Quality.
The other constraints include; Risk and Resources
8) What defines project's success
• Schedule - continuously evaluate progress, workout schedule slippages in a timely manner
• Cost - Evaluate, Look Forward and Reforecast to compare with original Budget
• Quality - Should be Reviewed timely(at the end of each project phase), Quality standard should be well defined and accessible
• Stakeholder satisfaction
• Alignment to Business Case - Did your project meet the original benefits it was set out for ?
9) What is Project Management ?
• It is application of knowledge, skills, methods, experience, tools and techniques on project activities to meet the project objectives
10) Portfolio -> Programs -> Projects
• Programs - Group of related projects (they provide certain benefits when managed together)
• Portfolios - Group of programs and it can also include projects which are not related to any program
thanks for your service
For those new to project management, it's crucial to grasp the basic ideas. The video covered all the topics nicely. I picked up several concepts, like how a project is temporary with set start and end dates, and it's always different. Understanding what makes a project successful was especially helpful in learning about project management. The clear explanations of each term made it easy to grasp. This info will really boost my project management course. Thanks for sharing it with me!
Thank you for your detailed feedback! 😊 We're thrilled to hear that the video helped you grasp the basic concepts of project management. It's great that you found the explanations clear and helpful for your course. We're here to support your learning journey, so don't forget to subscribe for more valuable content! 📚👍
Thank you for sharing the video explaining project management. I learned that a project is temporary, with a clear start and end date. It's a series of tasks aimed at achieving a specific goal. Projects can be anything unique, not just construction. I also understand the difference between projects and ongoing operations. This video really helped me understand project management basics, and I'm grateful for that.
Thanks for dropping your comment, really appreciate it. Glad you found the video helpful. Definitely considering subscribing for more, see you around 😊
Beginners in project management must have a basic understanding of the concepts. The video explained all of the topics well. I learned many concepts such as a project being temporary as it has starting and end dates and is always unique. Your explanation about what defines a project's success is helpful to learn more about PM. It was easy to understand each concept because you explained each term clearly. My project management course will be greatly enhanced by this information. I appreciate you sharing it with me.
Thanks for your comment Divya, really appreciate it. Don't forget to subscribe for more 😊👍
Thank you sir for having this presentation for someone who has been doing some aspect of PM, this allows me a better understanding of what I have been doing to support my organization.
You are welcome Juan. Glad you found it helpful 👍🙂
Wow, I’m only 11 minutes in and absolutely love your video! Your cheerful personality really shows in your voice and makes the content super fun to learn!! Thank you!
Thank you so much! You just made my day ❤🙂
For Got to Tell one more thing .. It gave me a Clear idea on Hierarchy of - Portfolio / Programs / Project --- managements ....
The moment that this video started, I knew it would have value
Wow, thank you! 😊👍
Thank you for this! You are helping me stay relevant and on task during my time working from home during quarantine. You are also very concise! No clutter makes the video easy to follow.
Thank you for the good words, appreciate it 👍🙂
Thankyou for making it so easy to comprehend. I have learned some basic and important concepts about project management very quickly from this video such as a project is considered as a temporary and unique plan. It has a particular start and ending; and having a definite scope and resources. It’s not a repeatable process of work. For example, the construction of the TAJ MAHAL was a project. Unless this, having a man reach on moon is also consider as a project. Projects initiated in companies due to competitive forces, business needs, economic changes, customer request, social needs, etc. There is a triple constraint triangle in project which is also known as Iron triangle of project management that refers time, scope and cost of a project. If we will decrease anything from the three aspects of triangle that will affect the quality of product. Apart from that there are also two other constraints risk and resources.
Thanks for sharing your takeaways Yogita, appreciate it. Don't forget to subscribe for more project management concepts and videos 😊👍
This is a really creative and educational film. I had very no trouble understanding the concept thanks to the video's graphics. The terms used in the video are really easy to comprehend, and the voiceover is straightforward. In addition, he produced the video in a really structured way.
Glad you enjoyed it! Don't forget to subscribe for more ❤️
This kind of information isn’t normally given out for free & here you guys are. Truly wonderful and informative video, will definitely be checking out you guys courses.
Glad you enjoyed it! Don't forget to subscribe 👍🙂
I'm only 30mins through but really enjoying this. It's simple, concise and provides excellent examples. Due to the pandemic I am looking at having to career change and this has been so helpful in starting an otherwise daunting task. I really appreciate your content. Thank you.
Glad it was helpful! Don't forget to subscribe for more 🙂👍
PM101 - Part 5
1) Project Management Life Cycle
• Comprises of all the stages/phases a project goes through
- Initiation
- Planning
- Execution
- Closure
- Monitoring and Controlling is one such activity that is common in all the above mentioned stages
2) Types of Project Management Life Cycle
• Predictive Life Cycle (aka WATERFALL model)
• Iterative and Incremental Life Cycle
• Adaptive Life Cycle (aka AGILE model)
3) Predictive Life Cycle
• It is a Fully Plan Driven Life Cycle
• The project takes place phase by phase, where work is completed on each phase before moving to the next
• All requirements have to be signed off before development can begin
• Outcome is basically the final product
4) Iterative and Incremental Life Cycle
• The project team can start working on single set of requirements once signed off instead of waiting for entire requirements to be freezed
• The outcome is a partial product that increments over time
5) Adaptive Life Cycle
• It is a Change Driven Life Cycle
• Just like Waterfall model, the project takes place phase by phase approach but multiple time
• Each iteration will generate a shippable deliverable or a set of deliverables
• The outcome could be a part of end product which can be improved in further iterations
Going through this video. Stopped at 1:01:57 so far. I just want to say that this has been a great introduction and you explained things very clearly and concisely. I come from a Software Development/IT background, and recently wanted to change into the Project Management field. I am looking into the PMP certification at some point, but I needed a starting point. Thanks you so much for the video and I plan to finish it later tonight.
I appreciate that! 🙂👍
Thank you for providing us the video that give brief explanation about project management. Learned many important things such as-
1. project is temporary and has definite start as well as end date.
2. project is a set of activities designed to accomplish a well defined unique objective.
3. projects are not only constructional but the one with a unique output is also a project.
4. learned the difference between project and operation.
This video cleared my basis for project management and will definitely help me in my course. Thank You Sir.
Hi Sehajpreet, thank you for sharing your takeaways from the video, appreciate it. Don't forget to subscribe for more such videos related to project management and the PMP exam
This topic is for me to start it. I need this subject so badly to know more about management.
Thanks for creating such an informative course. Very interesting. I’m watching this just to get an understanding of the industry from the client side who has worked with PM’s.
You're welcome. Glad you found it helpful 🙂👍
as a professional starting a new carreer in Project Management, this is a gold mine. thank you for sharing the knowledge.
Thanks for the good words. Don't forget to subscribe for more 👍❤
Same. 🤞🏾❤️
Nicely Explained, easy to understand for the beginner like me, Great work, definitely will visit on the blog too, keep it up
Thanks for the good words. Glad you liked it, don't forget to subscribe for more 🙂👍
Great video with good examples to easily understand. I was getting confused between the phases and knowledge areas. But yes, its now very clear for me. Thanks a lot!!
You're welcome. Thanks for all the good words, don't forget to subscribe for more 🙂👍
I benefited greatly from this video. Thanks so much for sharing! I enjoyed all of the examples that you gave to allow the listener a more thorough understanding of the material. Very nice job!
Glad it was helpful, don't forget to subscribe for more 😊👍
This type of valuable information is typically not offered without cost, and it's impressive that you provide it freely. Your video was highly informative, and I plan to explore your courses in the future.
So nice of you. Don't forget to subscribe for more 🙏😊
Thank you for having an enthusiastic approach along with the valuable information you displayed. In other educational videos, I was getting bored quickly but here I was able to focus. I also loved the examples you added.
Keep up the good work😀
You're very welcome! 😊👍
i have taken the full lesson and following for more, it wouldn't be nice not to say thank you SHOAIB!
It's my pleasure 🙂👍
Continue your studies here www.pmclounge.com/pmp-training/
Great video, still watching. Thank you!
Thank you. Glad you found it valuable 👍😊
Don't forget to check out www.pmclounge.com for more
PM101 - Part 2
1) Who is Project Manager ?
• Project Manager - person assigned by company to lead a team that is responsible for achieving the project objectives
• Functional Manager - Focuses on providing management oversight for a functional or business unit
• Operations Manager - Responsible for ensuring efficient business operations
2) PMI Talent Triangle (What talent does a Project Manager should have ?)
• Strategic and Business Management (Business oriented skills)
• Technical (Domain expertise)
• Leadership (Competency in guiding and motivating)
3) Strategic and Business Management skill
• Benefits management and realization
• Business acumen
• Business models and strutures
• Competitive analysis
• Customer relationship and satisfaction
• Industry knowledge and standards
• Legal and regulatory compliance
• Market awareness and conditions
• Operational functions (e.g. Finance, Marketing)
• Strategic planning, analysis and alignment
4) Technical skill
• Agile practices
• Data gathering and modeling
• Earned Value management
• Governance (project, program, portfolio)
• Lifecycle management (project, program, portfolio, product)
• Requirements management and traceability
• Risk management
• Schedule management
• Scope management (project, program, portfolio, product)
• Time, budget and cost estimation
5) Leadership skill
• Brainstorming
• Coaching and mentoring
• Conflict management
• Emotional intelligence
• Influencing
• Interpersonal skills
• Listening
• Negotiation
• Problem solving
• Team building
Project success, as defined in this video, involves delivering value to customers while achieving project objectives effectively and efficiently. It goes beyond completing tasks on time and within budget; success means meeting customer needs and expectations. Key aspects include customer satisfaction, adaptability to changes, delivering quality outputs, effective collaboration, on-time delivery, stakeholder engagement, and continuous improvement. By emphasizing these factors, project managers can create products that satisfy customers, adapt to changes, and deliver value efficiently.Thanks to this channel i got detailed description what project success is and how it works.
Thank you for your thoughtful comment! I'm glad the video provided you with a detailed description of project success and its key aspects. Delivering value to customers, meeting their needs, and achieving project objectives are all essential elements of success. If you found this information valuable, consider subscribing to my channel for more insightful content on project management and related topics. Your support is greatly appreciated, and I'm excited to share more knowledge with you in the future. Keep striving for project success! 🌟🚀📈
Through this video I learned a lot about project management since I am a mechanical engineer this means a lot to me I learned how to manage a project for example if I want to make a car so I can apply five processes planning, initiation, execution , monitoring and control and lastly closing my project for instance in planning what I need to buy for manufacturing , design and budget of my car then for initiation process making chasis as a frame for car followed by executing engine , steering ,and seats after that controlling and monitoring is everything going alright then when car is fully manufactured the project is said to be closed
Hello, thank you for dropping this comment and sharing your understanding of project management. Actually, when you plan and develop a concept car and manufacture just one unit, that is definitely a project. But once you are good to manufacture hundreds of cars every day, then it becomes an operation. I hope you get the difference between a project and an operation. Don't forget to subscribe to this channel for more. Cheers 😊👍
Interview with a huge company coming up. They are exploring a PMO effort from within. If I get hired, I’d be the first PM. This video will be my starting point to show them I’m capable! 🙏🏾🙏🏾🤞🏾🤞🏾
All the best 🙂👍
Bro have you got hired then?
Feedback bro......
Dude did you get the job?
This video gave me the sudden realization that the majority of work I do is project management. I never saw it as projects within projects. Like inception. Thank you for the content!
Glad I could help! 😊👍
Thank you very much for this wonderful session on Project Management Basics!!
Glad it was helpful! 👍😊
Thanks a lot, Shoaib Qureshi, your video is too much meaning for beginners. you added live examples of different projects by which I enhanced my knowledge about the basic concept of projects and operations.
Thanks for your comment Darshan, glad you found the video helpful. Don't forget to subscribe for more project management content 😊👍
I'm Wahab from OMV Oil Field Co .Contract Management Dept, actually such kind of information isn’t normally given out for free , Truly wonderful and informative video,
I highly appreciate Mr. Shuaib for such supportive Lesson
Hi Wahab, thanks for sharing your thoughts, truly appreciated. Please do consider subscribing for more project management content, wish you the very best 🙏
Taken the full lesson and following for more. Great effort! Thanks a lot!
Great to hear! 😊👍
Thanks alot professor, for making me understood the project management concept
Happy to help 🙂👍
Well explained and on point. Thanks for this piece.
You're very welcome! 🙂👍
This was a very nice introduction to project management. Explained in a very lucid manner. Really helpful. Thank you!
Hi Arka, Glad it was helpful! Don't forget to subscribe for more 👍
thank you sir, for simplifying this course to me for my exams tomorrow.
All the best for the exams 👍😊
I can Clearly understand OR Interpret it when you took Bangalore Metro Train Project as an example . :) as I have seen it Practically .
Nice Explanation Thanks :)
Great 👍
Definitely helpful. Clear and concise explanations👍👍👍
Thanks for the good words. Don't forget to subscribe for more. Cheers 👍🙂
Your work speaks volumes of the kind you are - efficient, organized and result-oriented. Well done and keep it up.
Thanks, appreciate the good words 😊👍
Fascinating and helpful breakdown of what Project Management actually entails - thanks 😊
Thank you 😊👍
Masha Allah..Beautifully explained..Thanks for sharing your knowledge..sukran
It's my pleasure, thanks for the comment 😊👍
Thanks a lot for an amazing video. I really liked the way you explained each & every term and the examples you shared made me understand much better. Thank you again.
You're most welcome Khushi. Don't forget to subscribe for more such videos 😊👍
Very helpful and the I appreciate the way Mr. Qureshi explain the contents of this video.
Thank you Andres 🙂👍
This video is clearly presented compared to many others, with a lot of visual aids. This one I recommend for easy learning and taking in.
Thank you! Glad you liked it 👍😊
Things shared in the video are very good and helpful even for individuals who are not much aware about the topic. Very well drafted content. 👏👏👏👍👍
Thank you, appreciate the good words. Don't forget to subscribe for more 👍😊
Honestly speaking, this video was quite helpful to me because I have used this idea in a real-world setting. I saw that several of team members were facing problems to coordinate with others to work in groups which gave instructors to us. Therefore, PMIS gives ability to design. Apart from it, it also helps in task organization as well as deadline setting. Furthermore, it improvised group cohesion and increasing understandings among group members.
This is great to know, thanks for sharing. Don't forget to subscribe for more 💐
This is a high quality class! Thank you
Thanks for the good words Ana. Don't forget to subscribe for more PMP and Project Management related content 👍😊
Hey ana how you doing ?♥️😌
this video is really useful in term of knowing about specific activities to accomplish objective with deadlines
As a beginner in project management the crucial part is the knowledge of the basics and through this video I have learned many concepts and all the topics are explained very well. I liked the way you explained each and every term by which I am able to learn every concept very easily. Thank you for this information as this video will really help me to complete my project management course.
Hi Jasleen, thanks for dropping this comment, appreciate it. Don't forget to subscribe for more 👍
Through this video I gleaned some significant experience about project the executives since l am a
mechanical specialist this makes a big difference to me l figured out how to deal with a venture for instance to make a vehicle so I can apply five cycles arranging, commencement, execution, observing and control and finally shutting my task for example in arranging what I really want to purchase for assembling, plan and spending plan of my vehicle then for commencement process making chasis as an edge for vehicle followed by executing motor, directing, and situates after that controlling and checking is everything going okay then when vehicle is completely produced the undertaking is supposed to be shut
That's awesome to hear how you're applying project management principles to your mechanical projects! It sounds like you've really grasped the five phases of project management and are implementing them effectively in your work, from planning all the way to project closure. Creating a vehicle is indeed a complex endeavor, and breaking it down into these phases helps ensure a smoother and more efficient process. It's great to see how the concepts discussed in the video resonate with your real-world experience. Keep up the fantastic work, and if you ever need more project management tips or insights, don't hesitate to reach out or subscribe to our channel for more helpful content. Keep building amazing things! 🚗🔧
This was very well explained. I learnt a lot. Well done!
Glad it was helpful! 🙂👍
100% earns a Sub. This is a great overall breakdown of PM. I speed the playback video speed up to 1.5 and it was just right.
1.5x is what I suggest many people out there. Glad you liked the content 🙂👍
PM101 - Part 3
1) Organization structure
• Appropriate organisational structure is trade-off between two parameter viz. available organisational structure to use and how to optimise them for a given organisation
• Organisational structure is unique to an organization due to numerous variables to be considered
2) Some major organisational structures,
• Functional organisation
• Matrix organisation
• Projectized organisation
• Composite/Hybrid organisation
3) Functional organization
• Project resources work in silos and report to their own Functional manager
• Here Functional manager is the authority
• Project managers being expeditors use the resources after having proper communication with Functional manager
4) Matrix organization (PM - Project manager, FM - Functional manager)
• Weak
- PM has certain authority and is a coordinator
- FM has the higher authority
- Resources report to both
• Balanced
- PM and FM share same level of authority
- Resources report to both
• Strong
- PM has higher authority compared to FM
- Resources report to both
- Project delivery is most important
5) Projectized organisation
• PM has the highest authority
• Teams are organised around projects and not around functions
• Resources have no home after Project completion
6) Composite/Hybrid organisation
• If in the same organisation, different projects follow different organisation structures mentioned above then that is a Composite organisation
• Major software companies follow Composite organisational structure
Hi Shoaib , thank you for your videos and detailed explanation about all the knowledge areas. This has helped me pass the exam and also understand pmp much better. Looking forward for ur future videos !
Congrats! And you are most welcome 🙂👍
This is well articulated and beautifully delivered
Thank you 👍😊
your lecture really help me thanks again and again . i will continue to check your blog and inform others also. God bless you.
Thank you 😊👍
Thank you!! For sharing this video with me. It was quite helpful for me to get knowledge about the basics of Project Management. Also, I have learned many things through this video such as the definition of a Project, Project Constraints, how it differentiates from the operation, and where it comes from. It is helpful for beginners as well as all topics related to Project Management covered in this. The best part is that you explained every point very clearly with examples so I must say that it will be very informative for me in my Project Management Course.
Thanks for sharing. Appreciate your good words 🙌
While watching your video i have learnt different aspects in brief but according to me the best part was the stakeholder satisfaction and quality because it was beautifully presented by the creator. It was quite fascinating. Thank you for sharing and enhancing our insight.
You're welcome Vandana. Glad you found the video helpful. Don't forget to subscribe for more such videos 😊👍
Thanks for the great points about project management. Thanks for sharing...
You are welcome 👍😊
Its just an awesome video for beginners specially who recently enrolled for this program
Thank you Amrita, glad you found it helpful 🙂👍
Thank you so much for this video! It was very informative and helpful.
Glad you liked it Cris 😊👍
Hey you nailed it dear, you put across all the info in very simple manner. Which is very good and easy for aspiring pmp guys & aspiring pm’s.
👌🙏
Thank you for all the good words Arun, appreciate it 👍😊
I learned many concepts such as a project being temporary as it has starting and end dates and is always unique. Your explanation about what defines a project's success is helpful to learn more about PM. It was easy to understand each concept because you explained each term clearly. My project management course will be greatly enhanced by this information. I appreciate you sharing it with me.
Hi Prabhjot, glad it was helpful! Don't forget to subscribe for more videos and content on project management 😊👍
it's the best Video PM for everyone to learn and will be confident after learning it . It's excellent *****
Thanks for the good words 🙂👍
I must say...you are an excellent teacher!
Thank you 😊👍
Bestest as always! Thankeew!!
Thank you 😊🙏
Thank you for all this knowledge! Very simple and straightforward.
You're very welcome Hassan. Don't forget to subscribe for more on project management 😊👍
This video is very well explained on the topics! thank you very much sir! :D
Most welcome! 🙂👍
Thank you very much!!! This video is the perfect project management starter pack!
You're welcome! Don't forget to subscribe for more ❤️
I'm PMP certified , however, i have learned a lot from this video
really appreciate
Thanks for all the good words Ahmed. Glad you found the video valuable, don't forget to subscribe for more 🙂👍
Amazing course! Very useful for beginners in PM.
Glad it was helpful! 🙂👍
This is the best vedio . Thank u so much sir for best explanation . It helps me alot ,and covered all my problems . I never comment on any vedio for first time i comment on a vedio
Thank you Ayman, appreciate your good words 🙂👍
Wlcm dear sir
I watched the video and it was a great overview of project management. The video is quite helpful because it explains the different phases of a project, including initiation, planning, execution, monitoring and control, and closing. The video was informative and a great introduction to project management.
Glad it was helpful, Sanjogdeep. Don't forget to subscribe for more project management videos and content 😊👍
Thanks Shoaib Qureshi for sharing this vedio i grasped to much knowledge about key project management principles and examples shared in the video . I really like the examples of the Great Wall of China and designing of car also. It aligns well with the dynamic nature of many projects in today's fast-paced business environment .
Thanks for liking, please do subscribe for more content on project management 🎉
The video effectively provided a comprehensive and clear introduction to fundamental project management concepts, enhancing my understanding and significantly benefiting my project management course.
Glad you found the video helpful 🙌
This is very informative to understand process flow of PM.
We agree 😊👍
.. THANKS.. I REAL admire you... please we need more teaching about PM FROM in P2
P2? Are you talking about PRINCE2?
This video taught me the fundamentals of project management. It was crucial for me to fully comprehend what it is as a student taking this course because, above all, it is transient and singular.I was able to understand what a project was by using numerous historical instance. I really liked this video.
🎓🌟 Thank you! I'm thrilled to know that this video helped you grasp the fundamentals of project management. Understanding projects through historical instances is crucial, and I'm glad you found it valuable. Your positive feedback means a lot to me! 😊🙏 Keep exploring and learning, and I'll be here with more informative content! 🚀📚
I am impressed with your way of explaining, super
Thank you Dharmik, appreciate it 👍😊
Hi, I watched your video regarding the project management that how beautifully You explained well and made me understand this concept. Your way of teaching about this concept is very easy to learn.
Thanks,
Regards,
Parminder singh
Glad you liked the video Parminder. Thanks for your comment.
Hey buddy... I heard edurekha etc, the way you are explaining about the PM is so clear and sensible than just spilling out the theory knowledge 👍👍👍
Thanks a ton 👍🙂
Hi sir
Wahab from Afghanistan
This is the best explanation
Thank you
Thanks for the good words Wahab, appreciate it 👍😊
Thank u so much for ur interesting lecturing.
It's my pleasure 😊👍
Who is new to project management should have a basic understanding of the concepts. Everything was well explained in the video. I learned many concepts such as, projects are temporary because they have start and end dates and are always unique. An explanation of what makes a project successful will help you learn more about PM. It was easy to understand the concepts because each term was explained clearly. My project management course was greatly enriched by this information. I would appreciate it if you could share it.
Thanks for your suggestion, will work on it. Don't forget to subscribe in the meantime 😊👍
excellent explanation, thank you for sharing your knowledge
Glad it was helpful! 😊👍
Thank you so much for creating this video!
Glad it was helpful!
PM101 - Part 6
1) Project Management Processes
• 5 Process Groups
- Initiating
- Planning
- Executing
- Monitoring and Controlling
- Closing
• 10 Knowledge Areas
- Integration
- Scope
- Schedule
- Cost
- Quality
- Resource
- Communications
- Risk
- Procurement
- Stakeholder
• Study the Process Group - Knowledge Area matrix (PG- KA matrix)
Very well explained, easy to understand for a beginner, keep up the good work. :)
Thanks Raj 👍🙂
PM101 - Part 4
1) Project Management Office (PMO)
• Where does the team of PMs report to ?
• PMO is a group or a department that defines and maintains standards for project management within an organization
• PMO strives to standardize and introduce economies of repetition in the execution of projects
2) Types of PMOs
• Supportive
- This type of PMO wil basically provide templates that PM and PM team can use to manage project
• Controlling
- In addition to what Supportive PMO do, Controlling PMO can audit a project t ensure that the processes prescribed by them are being followed
• Directive
- Directive PMOs actually assign PMs to projects and PM might be directly reporting to the PMO
3) Project stakeholders
• Anyone who gets affected by the outcome a Project is the Stakeholder for that project
• PM identifies stakeholders and manages their expectations
• There can be negative stakeholders, who get negatively impacted by the project
• Not all stakeholders have the same power or impact
• Not all stakeholders will be satisfied and they don't have to be
Such a great teacher.thank you🤲
You're very welcome! 😊👍
Very well presented. Thanks for sharing
Glad you found it helpful. Don't forget to subscribe for more PMP related content 👍😊
Best information for beginners who want to learnt about project management. Each and every concept explained in this video
Glad it was helpful! Don't forget to subscribe for more project management related videos 🎇
Extremely helpful. Thank you thank you Shoaib!
You're welcome 🙂
Great point! I'll remember this.
Cheers 👍😊
Nicely explained each & every PMP topic. Thanks very much
So nice of you Gopal. Don't forget to subscribe for more 😊👍
This video is very helpful
Well explained and easy to understand.
Thankyou for providing this video
You're welcome Spinder. Glad it helped, don't forget to subscribe for more 😊👍