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| Author : | Jae K. Shim, Ph.D., CPA |
| Course Length : | Pages: 94 ||| Review Questions: 59 ||| Final Exam Questions: 45 |
| CPE Credits : | 9.0 |
| IRS Credits : | 0 |
| Price : | $80.95 |
| Passing Score : | 70% |
| Course Type: | NASBA QAS - Text - Technical - NASBA Registry |
| Primary Subject-Field Of Study: | Management Services - Management Services for Course Id 1959 |
| Description : | This course is designed to provide you with a deep understanding of the applications and importance of Project Management. You will learn how to assess a project with respect to time, costs, and resources in order to effectively and efficiently reach your goals. You will become familiar with the five processes involved in Project management – Initiating, Planning, Executing, Controlling, and Closing on time and within budget-- Project Integration, Project Scope, Project Time, Project Cost, Project Quality, Project Human Resources, Project Communications, Project Risk Management, and Project Procurement – that are essential to being an expert Project Manager. This course follows for the most part the framework within the Project Management Institute’s Project Management Body of Knowledge (PMBOK). The material, however, places a financial focus on projects as a way to accomplish desired changes in the enterprise in a coordinated and predictable way for favorable outcomes. Topics covered include economic feasibility study, life-cycle costing, target costing, and earned value analysis. Through better project management, you can reduce or eliminate failed projects and reduce the costs associated with successful ones, increasing enterprise effectiveness in providing the maximum value to shareholders. |
| Usage Rank : | 0 |
| Release : | 2021 |
| Version : | 1.0 |
| Prerequisites : | None. |
| Experience Level : | Overview |
| Additional Contents : | Complete, no additional material needed. |
| Additional Links : |
Project Management
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| Advance Preparation : | None. |
| Delivery Method : | |
| Intended Participants : | Anyone needing Continuing Professional Education (CPE). |
| Revision Date : | 21-Feb-2022 |
| NASBA Course Declaration : | Participants must complete the final examination within one year of purchase and with a minimum passing grade of 70% or better to receive CPE credit unless otherwise noted on the Course History page (i.e. California Ethics must score 90% or better). After logging in click on the Course History links on your My Courses page for the Begin date and Expire date for the Final Exam. |
| Approved Audience : | NASBA QAS - Text - Technical - NASBA Registry - 1959 |
| Keywords : | Management Services, Project, Management, Financial, Perspective, v11, cpe, cpa, online course |
| Learning Objectives : |
Chapter 1
2. Recognize what the PMI is and what they do. Chapter 2
2. Recognize key components of planning and controlling a project, such as responsibilities, schedules, and performance. 3. Identify the purpose of project scorecard metrics. Chapter 3
2. Identify the documents and roadmaps used during a project. 3. Understand when stakeholders have the greatest influence on a project. Chapter 4
Chapter 5
2. Recognize the PERT/COST and the Critical Path Method (CPM). 3. Recognize the concept of crashing. Chapter 6
2. Identify what the project reviews should do. Chapter 7
2. Calculate variances using the earned value analysis. 3. Recognize how project costs can be analyzed using EVA. Chapter 8
2. Identify the target costing process for a new product. Chapter 9
2. Recognize several techniques for evaluating projects. 3. Recognize how the time value of money affects project costs. 4. Identify the effect of Modified Accelerated Cost Recovery System (MACRS) on capital budgeting decisions. Chapter 10
2. Recognize some risk analysis tools for project management. Chapter 11
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| Course Contents : | Chapter 1: Overview of Project Management Learning Objectives The Steps in Managing a Project The Project Management Body of Knowledge (PMBOK®) Chapter 1 Review Questions Chapter 2: Planning and Controlling Projects Learning Objectives Key Questions to Ask Conducting the Initial Meeting Assembling the Project Team Obtaining Senior Management Support Developing a Feasible Budget Detailed Time-Schedule Preparation Project Scorecard Terminating the Project Chapter 2 Review Questions Chapter 3: Project Management Concepts and Process Learning Objectives Project Life Cycle The Project Management Process Benefits of Project Management Chapter 3 Review Questions Chapter 4: Using the Work Breakdown Structure to Plan a Project Learning Objectives A Simple Example Guidelines for Developing the WBS Uses of the WBS Consensual Estimating Improving Estimating Ability Chapter 4 Review Questions Chapter 5: Project Scheduling Learning Objectives Project Scheduling Models Gantt Charts Program Evaluation and Review Technique (PERT) Rules of Network Construction Summary of PERT Procedure Steps to be Followed in Determining the Critical Path The Critical Path Method (CPM) Model: PERT/COST Normal Solution Crash Solution Determination of Minimum-Cost Crash Solution Management Use of CPM Software for Project Management Selecting Project Management Software Chapter 5 Review Questions Chapter 6: Project Control and Evaluation Learning Objectives Characteristics of a Project Control System Project Review Meetings Project Evaluation Purposes of Project Evaluation Conducting the Project Process Review The Process Review Report Critical Success Factors Chapter 6 Review Questions Chapter 7: Project Control Using Earned Value Analysis Learning Objectives Why Do Some Projects Overrun The Budget? Project Budgeting and Cost Estimates How Do You Prepare Project Budgeting? Cost Control Managing Cash Flow Project Management Software Chapter 7 Review Questions Chapter 8: Life-Cycle Costing and Target Costing Learning Objectives Cost Reduction Whole-Life Product Cost Role of Target Costing Life-Cycle Budget Does the Product Add Value to the Company and to Your Customer? Target Costing Chapter 8 Review Questions Chapter 9: Economic Feasibility Study for a Capital Investment Project Learning Objectives Types of Investment Projects Features of Investment Projects Understanding the Concept of Time Value of Money How Do You Measure Investment Worth? How Do Income Taxes Affect Investment Decisions? How Does MACRS Affect Investment Decisions? What to Know About the Cost of Capital Economic Feasibility Study for an IT Project Time Value Tables Chapter 9 Review Questions Chapter 10: Managing Project Risks Learning Objectives Timeline Risks Buffer Management Budget Risks Portfolio Risk Risk Analysis Tools for Project Management Using Software to Assist in Project Risk Management Chapter 10 Review Questions Chapter 11: Project Communication and Documentation Learning Objectives Personal Communication Meetings Effective Meetings Presentations Reports Project Documentation and Controlling Changes Chapter 11 Review Questions Appendix The Project Management Institute (PMI®) and Certifications Glossary |
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