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Project Management - Initiation and Planning

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Project Management - Initiation and Planning

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Gain insight into a topic and learn the fundamentals.
4.7

39 reviews

Intermediate level

Recommended experience

7 hours to complete
Flexible schedule
Learn at your own pace

Gain insight into a topic and learn the fundamentals.
4.7

39 reviews

Intermediate level

Recommended experience

7 hours to complete
Flexible schedule
Learn at your own pace

Build your subject-matter expertise

This course is part of the Project Management in Construction Specialization
When you enroll in this course, you'll also be enrolled in this Specialization.
  • Learn new concepts from industry experts
  • Gain a foundational understanding of a subject or tool
  • Develop job-relevant skills with hands-on projects
  • Earn a shareable career certificate

There are 3 modules in this course

The course begins with an introduction to project management, elucidating its significance and the roles undertaken by project managers. The course progresses to project feasibility methods and Project phases, including initiation, planning, execution, monitoring and controlling, and closure, are explored in detail.

In the first module, the learners will begin with the concept of a project, then into the project phases and the overall project lifecycle by understanding the key activities and considerations at each stage. This module also covers project feasibility methods, providing a perspective on assessing the viability and potential success of a project. Additionally, the learners will explore various project organization structures, elucidating how different organizational frameworks can impact project management dynamics. In the second module, the learners will begin with understanding the Essential Elements of Valid Contracts, and gain insights into legal and contractual principles. They will also learn the Common Contract Types, providing a brief perspective on various contractual structures. Tendering processes, including Bid Evaluation, and Contract Award procedures are explained, offering the leaners a practical insight into the competitive procurement landscape. This module extends to Change Management, exploring strategies to navigate and implement changes effectively within the contract framework. Additionally, the learners will also understand the art of Claim Management, how to address and resolve disputes while maintaining contractual integrity. In the third module, the leaners will begin with a comprehensive understanding of scope management like how to define, document, and control project scope. Then understand how to break down complex projects into manageable components. Through a combination of theoretical concepts and real-life case study, the leaners will develop the skills necessary to effectively structure and organize a well-defined WBS tailored to the unique needs of their projects.

In this module, you will begin with the concept of a project, then into the project phases and the overall project lifecycle. You will gain insights into the initiation, planning, execution, monitoring and controlling, and closing phases of a project, understanding the key activities and considerations at each stage. The module also covers project feasibility methods, providing a perspective on assessing the viability and potential success of a project. Additionally, you will explore various project organization structures, elucidating how different organizational frameworks can impact project management dynamics.

What's included

16 videos1 assignment

16 videosβ€’Total 111 minutes
  • About the Specializationβ€’3 minutes
  • About the Courseβ€’3 minutes
  • Context Settingβ€’9 minutes
  • Project and Project Lifecycle β€’8 minutes
  • Project Management and its Processes β€’10 minutes
  • Project Phases β€’6 minutes
  • Project Organizationβ€’6 minutes
  • Project Financial Feasibility Methods (Part 1)β€’11 minutes
  • Project Financial Feasibility Methods (Part 2)β€’3 minutes
  • Net Present Value Analysis (Part 1)β€’7 minutes
  • Net Present Value Analysis (Part 2)β€’9 minutes
  • Payback Period Methodβ€’8 minutes
  • Discounted Payback Period Methodβ€’2 minutes
  • Internal Rate of Return - 1β€’10 minutes
  • Internal Rate of Return - 2β€’9 minutes
  • Non-numerical Feasibility Methodsβ€’6 minutes
1 assignmentβ€’Total 30 minutes
  • Assessment on Introduction to Project Managementβ€’30 minutes

In this module, you will begin with understanding the Essential Elements of Valid Contracts, and gain insights into legal and contractual principles. This module also explains the Common Contract Types, providing a brief perspective on various contractual structures. Tendering processes, including Bid Evaluation, and Contract Award procedures are explained, offering the leaners a practical insight into the competitive procurement landscape. This module extends to Change Management, exploring strategies to navigate and implement changes effectively within the contract framework. Additionally, you will also learn the art of Claim Management, understanding how to address and resolve disputes while maintaining contractual integrity.

What's included

19 videos1 assignment

19 videosβ€’Total 122 minutes
  • Basic Concepts and Introduction - Contract Management β€’8 minutes
  • Essential Elements of Valid Contract (Part 1)β€’8 minutes
  • Essential Elements of Valid Contract (Part 2)β€’4 minutes
  • Essential Elements of Valid Contract (Part 3)β€’6 minutes
  • Common Contract Types in Contracting Business - 1β€’7 minutes
  • Common Contract Types in Contracting Business - 2β€’6 minutes
  • Common Contract Types in Contracting Business - 3β€’7 minutes
  • Common Contract Types in Contracting Business - 4β€’8 minutes
  • Tendering and Proposal Preparation - 1β€’3 minutes
  • Tendering and Proposal Preparation - 2β€’6 minutes
  • Proposal Preparation - Pre-bid Meeting and Designβ€’4 minutes
  • Proposal Preparation - Cost Estimationβ€’8 minutes
  • Understanding Key Commercial Terms and Conditions Part - 1β€’5 minutes
  • Understanding Key Commercial Terms and Conditions Part - 2β€’10 minutes
  • Understanding Key Commercial Terms and Conditions Part - 3β€’7 minutes
  • Bid Evaluation and Contract Awardβ€’4 minutes
  • Contract Administrationβ€’5 minutes
  • Change Management and Claim Management - 1β€’12 minutes
  • Change Management and Claim Management - 2β€’3 minutes
1 assignmentβ€’Total 30 minutes
  • Assessment on Contract Managementβ€’30 minutes

In this module, you will begin with a comprehensive understanding of scope management like how to define, document, and control project scope. Then you will learn how to break down complex projects into manageable components. Through a combination of theoretical concepts and real-life case study, you will develop the skills necessary to effectively structure and organize a well-defined WBS tailored to the unique needs of their projects

What's included

10 videos1 assignment

10 videosβ€’Total 69 minutes
  • Scope Management - 1β€’4 minutes
  • Scope Management - 2β€’5 minutes
  • Scope Management - 3β€’6 minutes
  • Work Breakdown Structures (WBS) - Basicsβ€’8 minutes
  • Case Study on Work Breakdown Structure – Institutional Building Complexβ€’8 minutes
  • WBS Creation - 1β€’10 minutes
  • WBS Creation - 2β€’3 minutes
  • Creation of Work Breakdown Structure Using Microsoft Project - Part 1β€’9 minutes
  • Creation of Work Breakdown Structure Using Microsoft Project - Part 2β€’4 minutes
  • Creation of Work Breakdown Structure Using Microsoft Project - Part 3β€’12 minutes
1 assignmentβ€’Total 30 minutes
  • Assessment on Scope Managementβ€’30 minutes

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Instructor

Instructor ratings
5.0 (9 ratings)
L&T EduTech
127 Coursesβ€’233,345 learners

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VV
Β·

Reviewed on Dec 17, 2024

Great course learned a lot and enjoyed the classes

NB
Β·

Reviewed on Aug 10, 2024

The course has been structured in a clear, progressive and comprehensive manner. The AI tool Coach is very interactive and useful in clearing concepts and for practice assessments.

Frequently asked questions

To access the course materials, assignments and to earn a Certificate, you will need to purchase the Certificate experience when you enroll in a course. You can try a Free Trial instead, or apply for Financial Aid. The course may offer 'Full Course, No Certificate' instead. This option lets you see all course materials, submit required assessments, and get a final grade. This also means that you will not be able to purchase a Certificate experience.

When you enroll in the course, you get access to all of the courses in the Specialization, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile.

Yes. In select learning programs, you can apply for financial aid or a scholarship if you can’t afford the enrollment fee. If fin aid or scholarship is available for your learning program selection, you’ll find a link to apply on the description page.

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