Project Management Practical Exercises

Project Management Practical Exercises

Overview/Description
Target Audience
Prerequisites
Expected Duration
Lesson Objectives
Course Number
Expertise Level

Overview/Description
This course offers practice using the formulas for earned value management, communication channels, and make or buy analysis, and how to use a control chart and identify when a process is out of control. This course provides a foundational knowledge base reflecting the most up-to-date project management information so you can effectively put principles to work at your own organization. This course will assist in preparing you for the CompTIA Project+ exam, and it is aligned with exam version PK0-004.

Target Audience
Candidates who possess at least 12 months of cumulative experience in leading, managing, directing, and/or participating in small-to-medium-size projects

Prerequisites
None

Expected Duration (hours)
1.1

Lesson Objectives

Project Management Practical Exercises

start the course

calculate the planned value and earned value, given the budget, % of time passed, and % of work completed

calculate the schedule variance and schedule performance index, given the earned value and planned value

calculate the cost variance and cost performance index, given the earned value and actual costs

determine project performance, given a set of raw data points

utilize work performance data to determine project performance

determine the estimate at completion, using the formulas for scenarios 1 and 2

recognize how the choice of EAC formula depends on the project situation

use a control chart to determine when a process is out of control

calculate the number of communication channels, given the number of members on a team

perform a make or buy analysis and determine the break-even point

Course Number:
ib_prop_a07_it_enus

Expertise Level
Intermediate