Learn how to control projects, adjusting the plan during the project and managing risks. Project Management is a fundamental theme to understand and work in any business environments. Once projects are properly planned, the job of a Project Manager is just started. Indeed, PMs need to properly control, re plan, and manage risks during the execution of the project.
During the course, the Earned Value Management System – the standard and most diffused technique to properly manage time and cost in a project – is presented. In doing so, the concepts of BCWS (the time-phased budget), the BCWP (the earned value) and ACWP (the actual costs of what has been performed) are introduced along with the main indicators that help managers in taking decision on how to replan the projects according to the estimation at completion. Finally, the main approaches to identify and manage risks are introduced along with the closing phase.
This course is composed of one week:
The week focuses on the controlling and closing phases of projects, focusing on the main tools and capabilities needed during (and at the end) of a project. It goes through the introduction of the Earned Value Management System, with the presentation of BCWS, ACWP and BCWP, the main indicators of the controlling phase and the main tools and techniques for risk management.
By actively participating in this MOOC, you will achieve different intended learning outcomes (ILOs).
- Understand the main indicators to control a project in a business context.
- Use the right tools to control a project when managing it.
- Understand the definition of risk in a project.
- Remember the main typologies of risk approaches in project management.
