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by Kavita Sharma -
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10 PDUs | Business Skills for Project Managers
This course focuses on developing business skills that are essential for successful project management. Business skills include financial management, risk management, stakeholder management, and strategic planning. The course will cover these skills and how they can be applied in project management.
Learning Objectives:
By the end of this course, participants will be able to:
- Understand the importance of business skills in project management
- Develop financial management skills to effectively manage project budgets
- Utilize risk management strategies to mitigate project risks
- Manage stakeholders and their expectations
- Apply strategic planning skills to achieve project objectives
Course Outline:
Module 1: Introduction to Business Skills in Project Management
- Overview of business skills and their importance in project management
- Benefits of developing business skills
- Overview of PMI's Talent Triangle and business skills category
Module 2: Financial Management
- Understanding project budgets
- Budgeting techniques
- Cost estimation and forecasting
- Applications of financial management in project management
Module 3: Risk Management
- Definition of project risks
- Risk identification, analysis, and response planning
- Risk monitoring and control
- Applications of risk management in project management
Module 4: Stakeholder Management
- Identifying stakeholders and their needs
- Stakeholder analysis and engagement strategies
- Managing stakeholder expectations
- Applications of stakeholder management in project management
Module 5: Strategic Planning
- Definition of strategic planning
- Developing project objectives and goals
- Creating a project plan
- Applications of strategic planning in project management
PDUs:
Participants will earn 10 PDUs under the Business Skills category of PMI's Talent Triangle.
