8.1. Estimate Costs

The Simplest Guide to Project Management and PMI-PMI Certification Exam

Section 1: About PMP Certification Exam

1.1. Course Introduction (2:16)
Resources - Download the PMP Exam Prep eBook / Course Slides
1.2. PMP Exam Journey - What does your journey look like? (2:30)
1.3. Qualifying criteria to appear for the PMP Exam (2:00)
1.4. Applying to the PMP Exam - What to expect (3:02)
1.5. Maintaining your PMP credential (3:16)
1.6. PMP Exam Content (5:22)
1.7. Number of Exam questions and duration of the exam (2:03)
1.8. Exam Question Types (7:12)
1.9. Exam tips (1:42)

Section 2: The Big Picture of Project Management

2.1. The Big Picture of Project Management (3:15)
2.2. The 6 Ws of project management (3:04)
2.3. Example: Pyramid Project (Waterfall/Predictive Approach) (3:10)
2.4. Example: Project Mortal & Pestle (Agile/Adaptive approach) (4:12)
2.5. The big picture of Project Mortal and Pestle (2:57)
2.6. Example: Project Mortal & Pestle by Drone (Adaptive/Agile Approach) (3:29)
2.7. The big picture of Project Mortal and Pestle Drone (1:58)

Section 3: The Project Management Framework

3.1. What is a project (2:14)
3.2. What is project management (0:56)
3.3. Delivering Value on a Project (5:18)
3.4. System of value delivery (4:11)
3.5. System of value delivery - Examples (4:01)
3.6. Systems Thinking - Inputs, outputs, tools and techniques (1:19)
3.7. The Matrix Environment (3:55)
3.8. Enterprise Environmental Factors and Org. Process Assets (1:19)
3.9. Project Constraints (1:12)
3.10. Process Groups (2:31)
QUIZ 1 - Framework
3.11. Integration Management (2:10)
3.12. Stakeholder Management (1:24)
3.13. Scope Management (0:26)
3.14. Schedule Management (0:34)
3.15. Cost, HR, Quality and Risk Management (1:54)
3.16. Communication and Procurement Management (1:18)
3.17. Knowledge Areas and Process Groups (1:24)
QUIZ 2 - Knowledge Areas

Section 4: WHY do we do this project (Integration Management)

4.1. Develop Project Charter (4:58)
4.2. Project Charter Template (5:56)
4.3. Digital Content Artifacts: Project Charter (0:15)
QUIZ 3 - Integration Management
Assignment 1 - Integration management
Assignment 1 - Integration management INSTRUCTOR EXAMPLE

Section 5: WHO are on the project (Stakeholder Management)

5.1. Identify Stakeholders (3:43)
5.2. Stakeholder Register Template (3:35)
5.3. Digital Content Artifacts: Stakeholder Register (0:21)
QUIZ 4 - Stakeholder Management
Assignment 2 - Stakeholder Management
Assignment 2 - Stakeholder Management INSTRUCTOR EXAMPLE

Section 6: WHAT is to be done on the project (Scope Management)

6.1. WHAT is the Project Scope (4:03)
6.2. Collect Requirements (1:41)
6.3. Define Scope (1:19)
6.4. Create WBS (3:24)
6.5. Project Scope Baseline (5:45)
6.6. Digital Content Artifacts: Project Scope Baseline (0:26)
6.7. Microsoft Project as a tool for Project Management (1:30)
6.8. MS Project - User Interface Explained (2:25)
6.9. MS Project - Entering Scope Items (6:02)
QUIZ 5 - Scope Management
Assignment 3 - Scope Management
Assignment 3 - Scope Management INSTRUCTOR EXAMPLE

Section 7: WHEN are things to be done on the project (Schedule Management)

7.1. Define Activities (3:49)
7.2. Sequence Activities (2:17)
7.3. Estimate Activity Durations (1:38)
7.4. Develop Schedule (1:07)
7.5. Critical Path Method (2:52)
7.6. Compressing Schedule: Crashing and Fast-tracking (3:00)
7.7. Digital Content Artifacts: Milestones, N/W Diagrams, Dur. Est, Project Schedule (0:35)
7.8. Microsoft Project - Entering Activities and Duration (2:59)
7.9. Microsoft Project - Sequencing Activities & Creating Gantt Chart (7:07)
7.10. Microsoft Project - The Project Schedule (5:38)
QUIZ 6 - Schedule Management
Assignment 4 - Schedule Management
Assignment 4 - Schedule Management INSTRUCTOR EXAMPLE

Section 8: HOW MUCH/HOW MANY of the project (Cost, HR, Quality, Risk Management)

8.1. Estimate Costs (3:00)
8.2. Determine Budget (1:01)
8.3. Digital Content Artifacts: Project Budget (0:10)
8.4. Estimate Activity Resources (2:05)
8.5. Digital Content Artifacts: Project Resources (0:14)
8.6. Plan Quality (3:38)
8.7. Digital Content Artifacts: Quality Metrics (0:12)
8.8. Introduction to Risks (2:59)
8.9. Identify Risks (1:52)
8.10. Perform Qualitative Risk Analysis (4:19)
8.11. Perform Quantitative Risk Analysis (1:00)
8.12. Plan Risk Responses (4:33)
8.13. Digital Content Artifacts: Risk Register (0:21)
QUIZ 7 - Cost, HR, Quality, Risk Management
Assignment 5 - Cost, HR, Quality and Risk Management
Assignment 5 - Cost, HR, Quality and Risk Management INSTRUCTOR EXAMPLE

Section 9: WHERE in the project (Communication and Procurement Management)

9.1. Plan Communications (1:47)
9.2. Digital Content Artifacts: Communications Plan (0:12)
9.3. Plan Procurement (1:35)
9.4. Digital Content Artifacts: Make/Buy Decisions, SOW (0:15)
QUIZ 8 - Communication and Procurement

Section 10: HOW are things done on the project (Integration Management)

10.1. HOW are things done on the project (5:46)
10.2. Develop Project Management Plan (1:12)
10.3. Individual Management Plans (4:04)
10.4. Digital Content Artifacts: Management Plans (0:15)
10.5. Digital Content Artifacts: Project Management Plan (0:11)
10.6. Direct and Manage Project Work (3:35)
10.7. Digital Content Artifacts: Parts of Product/Service,Work Performance Information (0:35)
10.8. Manage Project Knowledge (1:43)
10.9. Digital Content Artifacts: Lessons Learned (0:16)
10.10. Monitor and Control Project Work (1:55)
10.11. Digital Content Artifacts: Change Request, Work Perf. Reports (0:21)
10.12. Perform Integrated Change Control (3:46)
10.13. Steps to perform Change Control (4:32)
10.14. Digital Content Artifacts: Approved Change Requests (0:15)
QUIZ 9 - Integration management
Assignment 6 - Change Management
Assignment 6 - Change Management INSTRUCTOR EXAMPLE
10.15. How to Control Cost - Budget at Completion (BAC) (5:06)
10.16. How to Control Cost - Planned Value (PV) (2:03)
10.17. How to Control Cost - Earned Value (EV) (1:38)
10.18. How to Control Cost - Schedule Variance (SV) & Schedule Performance Index (SPI) (1:42)
10.19. How to Control Cost - Actual Cost (AC), Cost Variance and Cost Performance Index (2:32)
10.20. How to Control Cost - Budget Forecasting - Estimate at & to completion (5:30)
10.21. Close Project or Phase (3:23)
10.22. Digital Content Artifacts: Product/ Service, Lessons Learned, OPA Updates (0:30)
QUIZ 10 - EVM and Project Closeout
Assignment 7 - EVM
Assignment 7 - EVM INSTRUCTOR EXAMPLE

Section 11: Principles of Project Management (Topics from the PMBOK 7 Guide)

11.1. Introduction to Principles of Project Management (1:27)
11.2. Principle #1: Be a Diligent, Respectful and Caring Steward (4:18)
11.3. Principle #2: Create a Collaborative Project Team Environment (7:23)
11.4. Principle #3: Effectively Engage with Stakeholders (3:52)
11.5. Principle #4: Focus on Value (7:06)
11.6. Principle #5: Recognize, Evaluate, and Respond to System Interactions (7:25)
11.7. Principle #6: Demonstrate Leadership Behaviors (9:01)
11.8. Principle #7: Tailor based on Context (4:36)
11.9. Principle #8: Build Quality into Processes and Deliverables (6:25)
11.10. Principle #9: Navigate Complexity (7:53)
11.11. Principle #10: Optimize Risk Responses (8:15)
11.12. Principle #11: Embrace Adaptability and Resiliency (4:40)
11.13. Principle #12: Enable Change to Achieve the Envisioned Future State (5:43)
QUIZ 11 - Principles of Project Management

Section 12: Lean

12.1. Definable Work vs High-Uncertainty Work (5:54)
12.2. Mortar & Pestle Chocolate Factory - Introduction (3:45)
12.3. Inside the Mortar & Pestle Chocolate Factory : Production - Operations (2:17)
12.4. Value Stream (1:35)
12.5. Lead time and Cycle Time (1:58)
12.6. Technology Value Stream (3:46)
12.7. Throughput (3:15)
12.8. Requirements (2:26)
12.9. Kanban (4:43)
12.10. Kanban Board (4:40)
12.11. Batch size (3:41)
12.12. WIP Limit (2:10)
QUIZ 12 - Lean

Section 13: Introduction to Agile

13.1. Introduction to Agile (6:16)
13.2. The Agile Manifesto (3:48)
13.3. User Stories (5:07)
13.4. Product Backlog - an Inventory of User Stories (1:14)
13.5. Project Lifecycles (0:46)
13.6. Predictive Lifecycle (5:55)
13.7. Iterative Lifecycle (7:04)
13.8. Incremental Lifecycle (3:15)
13.9. Agile LIfecycle (5:12)
13.10. Lifecycle Continuum (5:21)
13.11. Hybrid Lifecycles (5:07)
13.12. Product Owner (5:56)
QUIZ 13 - Agile
Assignment 8 - Agile
Assignment 8 - Agile INSTRUCTOR EXAMPLE

Section 14: Creating an Agile Environment

14.1. Agile Mindset (1:46)
14.2. Servant Leader (1:52)
14.3. Agile Team (2:37)
14.4. Role of a Project Manager in Agile environment (3:05)
QUIZ 14 - Agile environment

Section 15: Delivering an Agile Environment

15.1. Iteration Planning - Backlog Preparation and Refinement (4:51)
15.2. Demonstration & Reviews (1:04)
15.3. Iteration Retrospectives (1:05)
15.4. Daily Stand-ups (1:42)
15.5. Minimum Viable Product (MVP) and Minimum Marketable Product (MMP) (4:51)
15.6. MVP Example: Mortar & Pestle App (3:12)
15.7. Scrum (7:21)
15.8. Definition of Done (2:34)
15.9. Story Points (3:45)
15.10. Velocity (1:22)
QUIZ 15 - Delivering an Agile Environment

Section 16: Implementing SCRUM - A Practical Example

16.1. Implementing Scrum in 10 easy steps (11:06)
16.2. Scrum applied to the Mortar & Pestle Project - Intro (2:09)
16.3. Introducing the Mortar & Pestle Project Scrum Team (2:28)
16.4. Create and Prioritize the Product Backlog (5:08)
16.5. Refine and Estimate the Product Backlog Items (6:28)
16.6. Estimation of User Stories in the Product Backlog (6:30)
16.7. Sprint Planning (7:49)
16.8. Make Work More Visible (4:09)
16.9. Daily Scrum/ Daily Stand-up Meeting (6:14)
16.10. Sprint Demo/ Sprint Review (3:39)
16.11. Sprint Retrospective (3:12)
16.12. Implementing Scrum - Wrapping-up (2:22)
QUIZ 16 - Scrum concepts
Assignment 9 - Delivering the Mortar and Pestle App by Drones through the use of Scrum (4:28)
Assignment 9 - Delivering the Mortar and Pestle App by Drones through the use of Scrum INSTRUCTOR EXAMPLE

Section 17: PMP Exam Application - how to create a compelling application

17.1. PMP Exam Application - Account creation and entering educational credentials (5:07)
17.2. PMP Exam Application - Entering your work experience (8:47)
17.3. Course Conclusion Message (1:27)

Section 18: Practice Test

Practice Test 1: Practice Test

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