title
PMP® Training Video - 1 | PMBOK® Guide 6th Edition | PMP® Certification Exam Training | Edureka

description
🔥 PMP® Training (Use Code "𝐘𝐎𝐔𝐓𝐔𝐁𝐄𝟐𝟎") : https://www.edureka.co/pmp-certification-exam-training This Edureka video on PMP® Training will give you a complete insight of PMP® Certification along with various integral topics of PMP® and its exam preparation process. This video helps you to learn following topics: 00:00 Introduction 30:50 Project & Importance of Project Management 1:01:54 Relationship of Project, Program, Portfolio & Operations Management 1:05:47 Key Components of Project Management Tailoring (Continued in Part2: https://youtu.be/9lUvpIaHCCA) Project Management Business Documents Subscribe to our Edureka YouTube channel to get video updates: https://goo.gl/6ohpTV --------------------------------------------------------------------------------------------- Instagram: https://www.instagram.com/edureka_learning/ Facebook: https://www.facebook.com/edurekaIN/ Twitter: https://twitter.com/edurekain LinkedIn: https://www.linkedin.com/company/edureka Telegram: https://t.me/edurekaupdates ------------------------------------------------------------------------------------------------ #PMP #PMPExamPrep #PMPOnlineTraining #PMPCertification #ProjectManagementProfessionalCertification ----------------------------------------------------------------- How does it work? 1. This is a 4 Week Instructor-led Online Course. 2. We have a 24x7 One-on-One LIVE Technical Support to help you with any problems you might face or any clarifications you may require during the course. 3. At the end of this course, you will be awarded a 35 Contact Hours certificate that is mandatory to apply for PMP® examination. -------------------------------------------------------------------- About The Course Online PMP® exam prep course is designed to help aspiring professionals earn PMP® certification in the first attempt. The goal of this course is to empower the current and future Project Managers to manage the project more efficiently and effectively throughout the Project Management Life Cycle. This course is taught by PMPPMP® Training Video - 1 | PMBOK® Guide 6th Edition | PMP® Certification Exam Training | Edureka Certified Trainers, who have years of experience in training. These instructors have been practicing Project and Program Management with some of the top organizations across industries. They leverage their rich, hands-on industry experience to help participants understand the practical application of all the 10 knowledge areas covered in ‘The PMBOK® Guide’ (A Guide to the Project Management Body of Knowledge) – Sixth Edition. ---------------------------------------------------------------------- Who should go for this course? PMP® Certification is useful for anyone who has Project Management experience and desires a globally recognized credential that will lead to professional career growth and recognition. ----------------------------------------------------------------------- Why learn PMP® Certification? Project Management Professional (PMP)® is a global credential offered by PMI Inc. PMP® Certification is a globally recognized, rigorous, education and/or professional experience, and examination-based credential program. It helps one understand the global language of Project Management and connect with Project Management Professionals. PMP® certified professionals earn a higher salary than those not certified. For more information, please write back to us at sales@edureka.co or call us at IND: 9606058406 / US: 18338555775 (toll free).

detail
{'title': 'PMP® Training Video - 1 | PMBOK® Guide 6th Edition | PMP® Certification Exam Training | Edureka', 'heatmap': [{'end': 1952.218, 'start': 1900.902, 'weight': 0.762}, {'end': 2295.415, 'start': 2192.016, 'weight': 0.914}, {'end': 3123.516, 'start': 2920.546, 'weight': 0.784}, {'end': 3512.044, 'start': 3315.169, 'weight': 1}, {'end': 3903.886, 'start': 3801.26, 'weight': 0.765}, {'end': 4011.205, 'start': 3946.104, 'weight': 0.864}, {'end': 4145.819, 'start': 4046.798, 'weight': 0.705}, {'end': 4295.949, 'start': 4192.421, 'weight': 0.739}], 'summary': 'This pmp certification training video provides an overview of the program, discussing its advantages, pmi institute and certifications, examination details, project initiation, management, constraints, project, program, and portfolio management, and the project lifecycle, covering key aspects such as global recognition, market impact, comprehensive training program details, pmi institute overview, examination qualification criteria, and project lifecycle concepts.', 'chapters': [{'end': 283.151, 'segs': [{'end': 57.41, 'src': 'embed', 'start': 11.001, 'weight': 0, 'content': [{'end': 15.024, 'text': 'Hello everybody and I welcome you all to the PMP certification training program.', 'start': 11.001, 'duration': 4.023}, {'end': 18.166, 'text': "In PMP training program what we're going to learn today.", 'start': 15.604, 'duration': 2.562}, {'end': 23.449, 'text': "we're going to learn today about what is project and its importance of the project management.", 'start': 18.166, 'duration': 5.283}, {'end': 31.834, 'text': 'We will also understand the relationship between project program and portfolio and operations management, the key components of project management,', 'start': 23.829, 'duration': 8.005}, {'end': 37.758, 'text': 'how to go about doing tailoring and, the most importantly, some of the project management business documentation.', 'start': 31.834, 'duration': 5.924}, {'end': 42.345, 'text': 'But before we get on to the PMP training program, Let me introduce myself.', 'start': 38.279, 'duration': 4.066}, {'end': 47.427, 'text': 'My name is Prashant and I have total experience of 17 years.', 'start': 42.906, 'duration': 4.521}, {'end': 57.41, 'text': 'I worked in different domains like FMCG, pharmaceuticals, even for that matter, the banking domain and sales and marketing, et cetera.', 'start': 48.047, 'duration': 9.363}], 'summary': 'Pmp certification training covers project management, including project components, tailoring, and business documentation, led by prashant with 17 years of experience.', 'duration': 46.409, 'max_score': 11.001, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/DxRrG4pAdJ0/pics/DxRrG4pAdJ011001.jpg'}, {'end': 217.883, 'src': 'embed', 'start': 78.016, 'weight': 2, 'content': [{'end': 88.14, 'text': 'and how PMP certification helped me in applying some of these basic concepts, as well as some of the specialized concepts in terms of risks,', 'start': 78.016, 'duration': 10.124}, {'end': 91.342, 'text': "as well as the scheduling, et cetera, that we're gonna talk about today.", 'start': 88.14, 'duration': 3.202}, {'end': 95.376, 'text': "I'm not only PMP certified, but also I'm PMI-ACP certified.", 'start': 91.795, 'duration': 3.581}, {'end': 102.999, 'text': 'So that is one of the best part I have seen here, because with the sixth edition of PMP certification now,', 'start': 95.757, 'duration': 7.242}, {'end': 111.263, 'text': 'the PMI has also ensured that the agile is embedded as a part of the PMBOK guide sixth edition, which is already introduced.', 'start': 102.999, 'duration': 8.264}, {'end': 119.866, 'text': 'So I can definitely be in a position then to compare it with the agile way of working and with the traditional way of working.', 'start': 111.783, 'duration': 8.083}, {'end': 127.89, 'text': "and also I'll be able to explain with you very well some of these agile concepts that are now embedded as a part of PMBOK guide.", 'start': 120.564, 'duration': 7.326}, {'end': 136.837, 'text': "Apart from that, I have also done Lean Six Sigma Black Belt certification, and that's really very, very useful, I found, at the same time,", 'start': 128.509, 'duration': 8.328}, {'end': 145.963, 'text': 'considering that there are a lot of Lean and Six Sigma projects where you can also apply some of the learning out of the PMP certification that I have had.', 'start': 136.837, 'duration': 9.126}, {'end': 159.444, 'text': "It's been over five years that I'm PMP certified And I have realized that attending PMP certification training program is how important when we begin our PMP certification journey.", 'start': 146.424, 'duration': 13.02}, {'end': 166.189, 'text': 'And if you are looking out for such a training program, then you are definitely at the right place,', 'start': 160.024, 'duration': 6.165}, {'end': 170.972, 'text': 'because this training program will help you prepare well for the PMP examination.', 'start': 166.189, 'duration': 4.783}, {'end': 188.661, 'text': 'and PMP certification training program is based on the sixth PMBOK guide edition and we will be talking about some of the latest additions in terms of the contents that the PMI has ensured to be there as a part of the PMBOK guide sixth edition,', 'start': 171.573, 'duration': 17.088}, {'end': 192.663, 'text': 'and some of these concepts are covered with the help of examples in this training.', 'start': 188.661, 'duration': 4.002}, {'end': 193.423, 'text': 'what am I going to do?', 'start': 192.663, 'duration': 0.76}, {'end': 199.05, 'text': 'basically? I will be taking you through various topics that are there as a part of the PMBOK guide.', 'start': 193.423, 'duration': 5.627}, {'end': 199.87, 'text': 'Sixth edition.', 'start': 199.15, 'duration': 0.72}, {'end': 207.556, 'text': 'At the same time, we will also be going through what it takes to get that PMP certification, get that PMP credential.', 'start': 200.231, 'duration': 7.325}, {'end': 209.417, 'text': 'why the PMP credential is important.', 'start': 207.556, 'duration': 1.861}, {'end': 217.883, 'text': 'At the same time, where all the PMP credential could help you in Excel in terms of different industries that we see here.', 'start': 209.937, 'duration': 7.946}], 'summary': 'Pmp certified for over 5 years, also pmi-acp and lean six sigma black belt certified, providing training on sixth edition pmbok guide and preparing for pmp examination.', 'duration': 139.867, 'max_score': 78.016, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/DxRrG4pAdJ0/pics/DxRrG4pAdJ078016.jpg'}, {'end': 290.013, 'src': 'embed', 'start': 262.236, 'weight': 6, 'content': [{'end': 267.681, 'text': 'Apart from that also if you have any question any point in time you can certainly raise your hand.', 'start': 262.236, 'duration': 5.445}, {'end': 271.004, 'text': "This is an interactive training program that we're having.", 'start': 268.041, 'duration': 2.963}, {'end': 280.191, 'text': 'and hence feel free to participate and try to converse with me through this virtual mode that we are getting this training program starting.', 'start': 271.488, 'duration': 8.703}, {'end': 283.151, 'text': "So with this let's get onto the training program actually.", 'start': 280.631, 'duration': 2.52}, {'end': 290.013, 'text': "What we will be doing basically is that, as a part of this training program, we'll be talking about the introduction first,", 'start': 283.712, 'duration': 6.301}], 'summary': 'Interactive training program emphasizing participation and introduction.', 'duration': 27.777, 'max_score': 262.236, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/DxRrG4pAdJ0/pics/DxRrG4pAdJ0262236.jpg'}], 'start': 11.001, 'title': 'Pmp certification training', 'summary': "Provides an overview and details of the pmp certification training program, including the importance of project management, relationship between project, program, portfolio, and operations management, speaker's 17 years of experience, relevance of lean six sigma black belt certification, and emphasis on interactive training.", 'chapters': [{'end': 127.89, 'start': 11.001, 'title': 'Pmp certification training overview', 'summary': "Covers an overview of the pmp certification training program, including the importance of project management, the relationship between project, program, portfolio, and operations management, and the speaker's 17 years of experience in various domains and certifications, notably the pmi-acp certification.", 'duration': 116.889, 'highlights': ['The speaker has 17 years of experience in various domains like FMCG, pharmaceuticals, banking, sales, and marketing.', 'The importance of project management and the relationship between project, program, portfolio, and operations management are emphasized.', 'The speaker holds both PMP and PMI-ACP certifications, with a focus on how the PMBOK guide sixth edition integrates agile concepts.', 'The speaker will share practical experiences and how the PMP certification helped in applying knowledge and skills in risk management and scheduling.']}, {'end': 283.151, 'start': 128.509, 'title': 'Pmp certification training program', 'summary': 'Introduces the pmp certification training program, highlighting its relevance and the topics covered, emphasizing the importance of the lean six sigma black belt certification, with over five years of pmp certification experience and the emphasis on an interactive and participative training approach.', 'duration': 154.642, 'highlights': ['The importance of Lean Six Sigma Black Belt certification in complementing PMP certification, with practical applications in Lean and Six Sigma projects.', 'The emphasis on the relevance and importance of the PMP certification training program, particularly in preparation for the PMP examination and its alignment with the sixth PMBOK guide edition.', 'The interactive and participative nature of the training program, encouraging engagement through questions and discussions, creating an environment for active learning and interaction.', 'The coverage of topics from the PMBOK guide sixth edition and the practical insights provided through examples to facilitate understanding and application in project management.', 'The inclusion of discussions on the significance of the PMP credential and its potential impact on excelling in various industries, highlighting the value of the certification beyond the training program.']}], 'duration': 272.15, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/DxRrG4pAdJ0/pics/DxRrG4pAdJ011001.jpg', 'highlights': ['The speaker has 17 years of experience in various domains like FMCG, pharmaceuticals, banking, sales, and marketing.', 'The importance of project management and the relationship between project, program, portfolio, and operations management are emphasized.', 'The speaker holds both PMP and PMI-ACP certifications, with a focus on how the PMBOK guide sixth edition integrates agile concepts.', 'The speaker will share practical experiences and how the PMP certification helped in applying knowledge and skills in risk management and scheduling.', 'The importance of Lean Six Sigma Black Belt certification in complementing PMP certification, with practical applications in Lean and Six Sigma projects.', 'The emphasis on the relevance and importance of the PMP certification training program, particularly in preparation for the PMP examination and its alignment with the sixth PMBOK guide edition.', 'The interactive and participative nature of the training program, encouraging engagement through questions and discussions, creating an environment for active learning and interaction.', 'The coverage of topics from the PMBOK guide sixth edition and the practical insights provided through examples to facilitate understanding and application in project management.', 'The inclusion of discussions on the significance of the PMP credential and its potential impact on excelling in various industries, highlighting the value of the certification beyond the training program.']}, {'end': 1070.89, 'segs': [{'end': 431.047, 'src': 'embed', 'start': 396.243, 'weight': 0, 'content': [{'end': 402.846, 'text': "and that's precisely why many industries out there today look for people who are certified into PMP certification.", 'start': 396.243, 'duration': 6.603}, {'end': 410.43, 'text': 'Now. this will certainly help you increase your marketability when you go out looking out for a job, or, within your organization,', 'start': 403.447, 'duration': 6.983}, {'end': 412.811, 'text': 'when you look out for promotions.', 'start': 410.43, 'duration': 2.381}, {'end': 420.539, 'text': 'one of the things that I have seen certainly gives us edge over competition is this credential, which is PMP certification.', 'start': 412.811, 'duration': 7.728}, {'end': 426.383, 'text': 'And we also found typically people who are PMP certified people who are PMP professionals.', 'start': 421.139, 'duration': 5.244}, {'end': 431.047, 'text': 'they have got 15 to 20% higher salaries over the non-certified people.', 'start': 426.383, 'duration': 4.664}], 'summary': 'Pmp certification increases marketability, leading to 15-20% higher salaries.', 'duration': 34.804, 'max_score': 396.243, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/DxRrG4pAdJ0/pics/DxRrG4pAdJ0396243.jpg'}, {'end': 620.645, 'src': 'embed', 'start': 580.51, 'weight': 2, 'content': [{'end': 587.133, 'text': 'You should embark your journey approximately one and a half to two months before you actually take the examination.', 'start': 580.51, 'duration': 6.623}, {'end': 591.272, 'text': 'So, as you can see here, you take the examination sometimes here right?', 'start': 587.509, 'duration': 3.763}, {'end': 599.399, 'text': 'So from that particular date, one and a half to two months before you actually schedule your examination and before that itself,', 'start': 591.332, 'duration': 8.067}, {'end': 601.821, 'text': 'you undertake or you undergo a training program.', 'start': 599.399, 'duration': 2.422}, {'end': 609.487, 'text': 'So you attend PMP certification training program, and I would encourage you to attain this training program, which is by Edureka,', 'start': 602.301, 'duration': 7.186}, {'end': 615.432, 'text': 'and this particular training program will certainly cover everything that it takes for you to become PMP certified.', 'start': 609.487, 'duration': 5.945}, {'end': 620.645, 'text': 'Not only the certification, but also other support you will get here.', 'start': 616.184, 'duration': 4.461}], 'summary': 'Embark on pmp journey 1.5-2 months before exam, undergo edureka training program for comprehensive pmp certification preparation.', 'duration': 40.135, 'max_score': 580.51, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/DxRrG4pAdJ0/pics/DxRrG4pAdJ0580510.jpg'}, {'end': 829.114, 'src': 'embed', 'start': 803.197, 'weight': 4, 'content': [{'end': 810.699, 'text': "you can always go back and do that, and that's the biggest advantage with this training, I believe, unlike the classroom training.", 'start': 803.197, 'duration': 7.502}, {'end': 814.26, 'text': 'so at times in classroom training what happens if you are not paying attention?', 'start': 810.699, 'duration': 3.561}, {'end': 815.363, 'text': "That means you're gone.", 'start': 814.602, 'duration': 0.761}, {'end': 823.229, 'text': "You can't really go back and ask to repeat the same topic and after the trainings over then there is no opportunity at all.", 'start': 815.623, 'duration': 7.606}, {'end': 829.114, 'text': 'But here the biggest opportunity that you would get is you can always go back and play the recording,', 'start': 823.589, 'duration': 5.525}], 'summary': 'Online training allows for reviewing recordings, unlike classroom training.', 'duration': 25.917, 'max_score': 803.197, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/DxRrG4pAdJ0/pics/DxRrG4pAdJ0803197.jpg'}, {'end': 871.505, 'src': 'embed', 'start': 842.529, 'weight': 5, 'content': [{'end': 848.051, 'text': 'you should be only focusing on taking up those mock questions and from where those mock questions will come.', 'start': 842.529, 'duration': 5.522}, {'end': 851.973, 'text': 'You can certainly refer to the edureka course for the mock questions,', 'start': 848.211, 'duration': 3.762}, {'end': 857.215, 'text': 'and thousand is definitely a good number and I always recommend before we appear for the final exam.', 'start': 851.973, 'duration': 5.242}, {'end': 858.776, 'text': 'Once you complete your study.', 'start': 857.515, 'duration': 1.261}, {'end': 871.505, 'text': "it's important that you should appear for the examination by taking full 200 questions by sitting at once and taking those 200 questions at once at least twice before you appear for the exam.", 'start': 858.776, 'duration': 12.729}], 'summary': 'Practice at least 1000 mock questions before exam.', 'duration': 28.976, 'max_score': 842.529, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/DxRrG4pAdJ0/pics/DxRrG4pAdJ0842529.jpg'}, {'end': 924.136, 'src': 'embed', 'start': 900.815, 'weight': 6, 'content': [{'end': 908.998, 'text': 'and even for renewal you need 60 PDUs, and those 60 PDUs will come from the courses that you will attend through Edureka.', 'start': 900.815, 'duration': 8.183}, {'end': 911.433, 'text': 'So Edureka definitely help there as well.', 'start': 909.352, 'duration': 2.081}, {'end': 915.974, 'text': 'You can get assistance in e-learning for earning different PDUs.', 'start': 911.633, 'duration': 4.341}, {'end': 924.136, 'text': 'There are various courses that you can undergo and within three years again, you complete 60 PDUs and you can renew your examination successfully.', 'start': 916.314, 'duration': 7.822}], 'summary': 'To renew certification, earn 60 pdus through edureka courses in 3 years.', 'duration': 23.321, 'max_score': 900.815, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/DxRrG4pAdJ0/pics/DxRrG4pAdJ0900815.jpg'}, {'end': 1033.81, 'src': 'embed', 'start': 1009.354, 'weight': 7, 'content': [{'end': 1018.717, 'text': "So all these 49 processes will be covered and we'll be doing deep dive into inputs tools and techniques and output for each of these processes.", 'start': 1009.354, 'duration': 9.363}, {'end': 1022.446, 'text': 'and we have taken lots and lots of examples on the top of that.', 'start': 1019.065, 'duration': 3.381}, {'end': 1026.767, 'text': 'I have also covered some of the actual artifacts of the project.', 'start': 1022.686, 'duration': 4.081}, {'end': 1033.81, 'text': 'So, which gives you an idea about how a project charter actually looks like or how a business case actually looks like.', 'start': 1026.967, 'duration': 6.843}], 'summary': 'Covers 49 processes with deep dives and practical examples.', 'duration': 24.456, 'max_score': 1009.354, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/DxRrG4pAdJ0/pics/DxRrG4pAdJ01009354.jpg'}], 'start': 283.712, 'title': 'Pmp certification advantages and training', 'summary': "Discusses the global recognition, market impact, and potential salary increase from pmp certification, along with the increasing job opportunities in project management. it also covers edureka's comprehensive pmp certification training program, including support for application submission, exam scheduling, personalized guidance, access to course materials, 24/7 assistance, pmbok guide contents, mock questions, and pdus for certification renewal.", 'chapters': [{'end': 601.821, 'start': 283.712, 'title': 'Pmp certification benefits and opportunities', 'summary': 'Discusses the advantages of pmp certification, including its global recognition, impact on marketability and potential salary increase, along with the increasing job opportunities in project management by 2020.', 'duration': 318.109, 'highlights': ['PMP certification is the most recognized certification in the industry and can lead to 15 to 20% higher salaries for certified professionals. The PMP certification is highly recognized in the industry and can result in 15 to 20% higher salaries for certified professionals, giving them an edge over non-certified individuals.', "The increasing job opportunities in project management by 2020 globally, including in China and the US, make PMP certification valuable for strengthening one's case when applying for these roles. The increasing job opportunities in project management by 2020 globally, including in China and the US, make PMP certification valuable for strengthening one's case when applying for these roles, as the demand for project management roles is projected to increase significantly.", 'Undertaking a PMP certification approximately one and a half to two months before scheduling the examination is recommended to embark on the certification journey. Embarking on the PMP certification journey is recommended approximately one and a half to two months before scheduling the examination, ensuring adequate preparation and training.']}, {'end': 1070.89, 'start': 602.301, 'title': 'Pmp certification training from edureka', 'summary': 'Covers the comprehensive pmp certification training program offered by edureka, including support for application submission, exam scheduling, personalized guidance, access to course materials, and 24/7 assistance, with a focus on covering pmbok guide contents, processes, and examples, and providing access to mock questions and pdus for certification renewal.', 'duration': 468.589, 'highlights': ["Edureka's PMP certification training program offers comprehensive support for application submission, exam scheduling, personalized guidance, and 24/7 assistance, in addition to covering PMBOK guide contents, processes, and examples. Edureka's program provides support for submitting the application, scheduling the exam, personalized guidance, and 24/7 assistance, along with comprehensive coverage of PMBOK guide contents, processes, and examples.", 'The training program provides access to course materials, allowing flexibility to revisit topics, sharpen skills, and clarify understanding, unlike traditional classroom training. The program offers access to course materials, enabling participants to revisit topics, sharpen skills, and clarify understanding, providing more flexibility compared to traditional classroom training.', 'Participants have access to a thousand mock questions to prepare for the exam, emphasizing the importance of practicing with a good number of questions before the final exam. The program offers access to a thousand mock questions to help participants prepare for the exam, emphasizing the importance of practicing with a substantial number of questions before the final exam.', 'For certification renewal, Edureka assists in earning the required 60 PDUs through e-learning courses, ensuring ongoing support beyond the initial certification. Edureka provides assistance in earning the necessary 60 PDUs for certification renewal through e-learning courses, demonstrating ongoing support beyond the initial certification.', 'The program focuses on covering PMBOK guide contents, processes, and examples, along with a deep dive into inputs, tools, techniques, and outputs for each of the 49 processes, as well as practical artifacts of projects. The program emphasizes covering PMBOK guide contents, processes, and examples, with a detailed exploration of inputs, tools, techniques, and outputs for each of the 49 processes, along with practical artifacts of projects.']}], 'duration': 787.178, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/DxRrG4pAdJ0/pics/DxRrG4pAdJ0283712.jpg', 'highlights': ['PMP certification leads to 15-20% higher salaries for certified professionals, giving them an edge over non-certified individuals.', "Increasing job opportunities in project management globally, including in China and the US, make PMP certification valuable for strengthening one's case when applying for these roles.", 'Undertaking PMP certification approximately 1.5-2 months before scheduling the examination is recommended for adequate preparation and training.', "Edureka's PMP certification training program offers comprehensive support for application submission, exam scheduling, personalized guidance, and 24/7 assistance, in addition to covering PMBOK guide contents, processes, and examples.", 'The training program provides access to course materials, allowing flexibility to revisit topics, sharpen skills, and clarify understanding, unlike traditional classroom training.', 'Participants have access to a thousand mock questions to prepare for the exam, emphasizing the importance of practicing with a substantial number of questions before the final exam.', 'For certification renewal, Edureka assists in earning the required 60 PDUs through e-learning courses, ensuring ongoing support beyond the initial certification.', 'The program focuses on covering PMBOK guide contents, processes, and examples, along with a deep dive into inputs, tools, techniques, and outputs for each of the 49 processes, as well as practical artifacts of projects.']}, {'end': 1512.735, 'segs': [{'end': 1125.227, 'src': 'embed', 'start': 1097.421, 'weight': 0, 'content': [{'end': 1102.222, 'text': "and it's a project management institute which is based on non-profit organization.", 'start': 1097.421, 'duration': 4.801}, {'end': 1104.222, 'text': "It's a non-profit association altogether.", 'start': 1102.262, 'duration': 1.96}, {'end': 1114.905, 'text': 'Most importantly, this institute is there worldwide in over 171 countries and over five lakh members are associated today with this institute.', 'start': 1104.663, 'duration': 10.242}, {'end': 1120.066, 'text': 'Now, PMI actually actively engages a lot of professionals across globe,', 'start': 1115.145, 'duration': 4.921}, {'end': 1125.227, 'text': 'and these professionals are engaged through conducting research in the area of project management,', 'start': 1120.066, 'duration': 5.161}], 'summary': 'Pmi, a global non-profit, has 171+ country presence and 500k+ members.', 'duration': 27.806, 'max_score': 1097.421, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/DxRrG4pAdJ0/pics/DxRrG4pAdJ01097421.jpg'}, {'end': 1167.232, 'src': 'embed', 'start': 1137.161, 'weight': 3, 'content': [{'end': 1142.402, 'text': 'So that wealth of information you will get to access once you become the member of PMI.', 'start': 1137.161, 'duration': 5.241}, {'end': 1146.804, 'text': 'PMI also promotes career and professional development and lots of other certifications.', 'start': 1142.402, 'duration': 4.402}, {'end': 1153.987, 'text': 'also it offers and, most importantly, it offers the opportunity to network and form the communities.', 'start': 1146.804, 'duration': 7.183}, {'end': 1155.807, 'text': "so you'll find there are local chapters.", 'start': 1153.987, 'duration': 1.82}, {'end': 1159.629, 'text': 'there are local PMI chapters where people from the local area,', 'start': 1155.807, 'duration': 3.822}, {'end': 1167.232, 'text': "they come and participate and they talk about what's going on in the project management space and exchange their knowledge.", 'start': 1159.629, 'duration': 7.603}], 'summary': 'Joining pmi provides access to wealth of information, career promotion, certifications, and networking through local chapters.', 'duration': 30.071, 'max_score': 1137.161, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/DxRrG4pAdJ0/pics/DxRrG4pAdJ01137161.jpg'}, {'end': 1226.866, 'src': 'embed', 'start': 1200.672, 'weight': 1, 'content': [{'end': 1205.555, 'text': "Again, they're working in Agile, they have experience in Agile, they can go for PMI ACP certification.", 'start': 1200.672, 'duration': 4.883}, {'end': 1210.278, 'text': 'Apart from that, if you want to do a deep dive, then go for scheduling professional.', 'start': 1205.955, 'duration': 4.323}, {'end': 1218.564, 'text': 'So again, you are working in project management quite some time if you want to strengthen your some of these areas, like scheduling.', 'start': 1210.538, 'duration': 8.026}, {'end': 1225.426, 'text': 'so you can certainly do the deep dive into scheduling per se, you know, and then you also complete this certification.', 'start': 1218.564, 'duration': 6.862}, {'end': 1226.866, 'text': 'same is the case with risk management.', 'start': 1225.426, 'duration': 1.44}], 'summary': 'Experienced in agile, pmi acp certification recommended, deep dive into scheduling and risk management.', 'duration': 26.194, 'max_score': 1200.672, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/DxRrG4pAdJ0/pics/DxRrG4pAdJ01200672.jpg'}, {'end': 1374.784, 'src': 'embed', 'start': 1351.488, 'weight': 2, 'content': [{'end': 1359.43, 'text': 'for PMP certification you are expected to be high school diploma or associated degree or anything which is global equivalent,', 'start': 1351.488, 'duration': 7.942}, {'end': 1367.852, 'text': 'which should be like 60 months plus, and the project experience of 7500 hours is expected and of course 35 contact hours are required.', 'start': 1359.43, 'duration': 8.422}, {'end': 1373.664, 'text': 'Now. these experience in the project should be within last eight years is what we need to remember.', 'start': 1368.223, 'duration': 5.441}, {'end': 1374.784, 'text': 'contact hours is fine.', 'start': 1373.664, 'duration': 1.12}], 'summary': 'For pmp certification, you need a high school diploma or equivalent, 60+ months experience, 7500 project hours, and 35 contact hours within the last eight years.', 'duration': 23.296, 'max_score': 1351.488, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/DxRrG4pAdJ0/pics/DxRrG4pAdJ01351488.jpg'}, {'end': 1461.988, 'src': 'embed', 'start': 1436.195, 'weight': 4, 'content': [{'end': 1442.077, 'text': 'now some of the things that we need to keep in mind, that this particular experience should be non-overlapping, as I explained.', 'start': 1436.195, 'duration': 5.882}, {'end': 1448.219, 'text': 'So if you worked on two projects ensure that those two projects start and end it should not be overlapping.', 'start': 1442.317, 'duration': 5.902}, {'end': 1455.142, 'text': 'Okay, so that is one of the important things then project experience should be only from last eight years and not before that.', 'start': 1448.419, 'duration': 6.723}, {'end': 1458.745, 'text': '20% applications as I mentioned are picked up for random audit.', 'start': 1456.023, 'duration': 2.722}, {'end': 1461.988, 'text': "So don't worry even if your application is picked for the audit.", 'start': 1459.146, 'duration': 2.842}], 'summary': 'Project experience should be non-overlapping, within last 8 years. 20% applications undergo random audit.', 'duration': 25.793, 'max_score': 1436.195, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/DxRrG4pAdJ0/pics/DxRrG4pAdJ01436195.jpg'}], 'start': 1071.877, 'title': 'Pmi institute and certifications', 'summary': 'Provides an overview of the project management institute (pmi), established in 1969, with a global presence in over 171 countries and over 500,000 members. it also discusses various project management certifications including capm, pmp, pmi-acp, scheduling professional, risk management professional, pgmp, and portfolio management professional, along with the prerequisites for pmp certification.', 'chapters': [{'end': 1159.629, 'start': 1071.877, 'title': 'Pmi institute overview', 'summary': 'Provides an overview of the project management institute (pmi), established in 1969, with a global presence in over 171 countries and over 500,000 members. pmi actively engages professionals through research, provides access to wealth of information, promotes career development, offers various certifications, and facilitates networking through local chapters.', 'duration': 87.752, 'highlights': ['PMI established in 1969, with a global presence in over 171 countries and over five lakh members associated today.', 'PMI actively engages professionals through conducting research in the area of project management and providing access to wealth and information.', 'PMI promotes career and professional development and offers various certifications.', 'PMI offers the opportunity to network and form communities through local chapters.']}, {'end': 1512.735, 'start': 1159.629, 'title': 'Project management certification options', 'summary': 'Discusses various project management certifications including certified associate in project management (capm), project management professional (pmp), pmi agile certified practitioner (pmi-acp), scheduling professional, risk management professional, program management professional (pgmp), and portfolio management professional, along with the prerequisites for pmp certification, including 60 months of project management experience, 7500 hours of project management experience within the last 8 years, and 35 contact hours.', 'duration': 353.106, 'highlights': ['The chapter discusses various project management certifications including Certified Associate in Project Management (CAPM), Project Management Professional (PMP), PMI Agile Certified Practitioner (PMI-ACP), Scheduling Professional, Risk Management Professional, Program Management Professional (PGMP), and Portfolio Management Professional. The chapter provides an overview of the different project management certifications available, demonstrating the breadth of options for professionals in the field.', 'The prerequisites for PMP certification include 60 months of project management experience, 7500 hours of project management experience within the last 8 years, and 35 contact hours. The detailed prerequisites for PMP certification are outlined, providing specific requirements for individuals seeking this certification.', 'The chapter emphasizes the importance of non-overlapping project experience within the last eight years and the possibility of being selected for a random audit during the application process. The importance of non-overlapping project experience and the potential for a random audit during the application process is highlighted, adding clarity to the certification process.']}], 'duration': 440.858, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/DxRrG4pAdJ0/pics/DxRrG4pAdJ01071877.jpg', 'highlights': ['PMI established in 1969, with a global presence in over 171 countries and over five lakh members associated today.', 'The chapter discusses various project management certifications including CAPM, PMP, PMI-ACP, Scheduling Professional, Risk Management Professional, PGMP, and Portfolio Management Professional.', 'The prerequisites for PMP certification include 60 months of project management experience, 7500 hours of project management experience within the last 8 years, and 35 contact hours.', 'PMI promotes career and professional development and offers various certifications.', 'The chapter emphasizes the importance of non-overlapping project experience within the last eight years and the possibility of being selected for a random audit during the application process.']}, {'end': 2336.897, 'segs': [{'end': 1540.478, 'src': 'embed', 'start': 1513.234, 'weight': 0, 'content': [{'end': 1519.219, 'text': 'So it is not necessary that you need to be project manager to have that experience of 4500 hours.', 'start': 1513.234, 'duration': 5.985}, {'end': 1527.407, 'text': 'Even if you have this experience of working on any project by any role, still you qualify for the PMP certification,', 'start': 1519.82, 'duration': 7.587}, {'end': 1534.533, 'text': 'provided that you have non-overlapping experience of 4500 hours and, of course, the other prerequisites, as we discussed.', 'start': 1527.407, 'duration': 7.126}, {'end': 1540.478, 'text': 'So I hope this have clarified your question about the qualification criteria to appear for the PMP examination.', 'start': 1535.013, 'duration': 5.465}], 'summary': 'Qualify for pmp certification with 4500 non-overlapping project hours.', 'duration': 27.244, 'max_score': 1513.234, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/DxRrG4pAdJ0/pics/DxRrG4pAdJ01513234.jpg'}, {'end': 1611.289, 'src': 'embed', 'start': 1578.876, 'weight': 1, 'content': [{'end': 1580.737, 'text': "You'll find there is a camera and everything.", 'start': 1578.876, 'duration': 1.861}, {'end': 1588.2, 'text': 'So this examination is conducted in a proper Prometric Center and with proper invigilation.', 'start': 1581.237, 'duration': 6.963}, {'end': 1590.241, 'text': 'There are 200 multiple choice questions.', 'start': 1588.36, 'duration': 1.881}, {'end': 1593.584, 'text': "and you'll get four hours now top 200 question.", 'start': 1590.723, 'duration': 2.861}, {'end': 1603.226, 'text': 'What is important to notice is 175 questions are only considered for the final score and there are 25 questions which are pre-test questions.', 'start': 1593.784, 'duration': 9.442}, {'end': 1611.289, 'text': 'of these, 25 questions will not be considered for your final score, but you would not know which are those 25 questions.', 'start': 1603.226, 'duration': 8.063}], 'summary': 'An exam with 200 questions, 175 count towards final score, 25 are pre-test questions', 'duration': 32.413, 'max_score': 1578.876, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/DxRrG4pAdJ0/pics/DxRrG4pAdJ01578876.jpg'}, {'end': 1861.866, 'src': 'embed', 'start': 1837.182, 'weight': 3, 'content': [{'end': 1843.711, 'text': 'right right from the prerequisite to the examination fees to exam retakes everything, all the information,', 'start': 1837.182, 'duration': 6.529}, {'end': 1846.474, 'text': 'all the questions that you may have about the exam.', 'start': 1843.711, 'duration': 2.763}, {'end': 1850.997, 'text': "you'll be able to get those clarified through this PMP certification.", 'start': 1846.474, 'duration': 4.523}, {'end': 1857.462, 'text': 'Okay, so that was a bit at a high level about the examination and about PMI, et cetera.', 'start': 1851.718, 'duration': 5.744}, {'end': 1861.866, 'text': 'So that was just the basic information that I provided so far about the examination.', 'start': 1857.723, 'duration': 4.143}], 'summary': 'Pmp certification covers prerequisites, fees, retakes, and other exam details.', 'duration': 24.684, 'max_score': 1837.182, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/DxRrG4pAdJ0/pics/DxRrG4pAdJ01837182.jpg'}, {'end': 1957.143, 'src': 'heatmap', 'start': 1892.619, 'weight': 2, 'content': [{'end': 1900.902, 'text': 'Now this particular guide, which is published by PMI and this is considered as distilled version of project management body of knowledge,', 'start': 1892.619, 'duration': 8.283}, {'end': 1905.223, 'text': 'and now the sixth edition is available, which is already introduced last year,', 'start': 1900.902, 'duration': 4.321}, {'end': 1911.405, 'text': 'and this particular sixth edition is basically the source of information now which is referred across.', 'start': 1905.223, 'duration': 6.182}, {'end': 1919.924, 'text': 'this PMP training course is based on the sixth edition and hence this course will cover everything in terms of your knowledge areas,', 'start': 1911.405, 'duration': 8.519}, {'end': 1923.647, 'text': 'your process groups, as per the sixth edition of Pimble guide.', 'start': 1919.924, 'duration': 3.723}, {'end': 1926.73, 'text': 'Now Pimble guide is structured typically like this.', 'start': 1924.228, 'duration': 2.502}, {'end': 1933.716, 'text': 'So it will have key concepts, trends and emerging practices tailoring what needs to be done to tailor a process,', 'start': 1927.07, 'duration': 6.646}, {'end': 1936.939, 'text': 'considerations for project adaptive environments, etc.', 'start': 1933.716, 'duration': 3.223}, {'end': 1940.722, 'text': 'So each knowledge area you will find these four sections.', 'start': 1937.359, 'duration': 3.363}, {'end': 1946.507, 'text': 'So the way this course is designed is exactly based on the Pimble guide structure.', 'start': 1941.182, 'duration': 5.325}, {'end': 1952.218, 'text': "We'll be also talking about the key concepts from each of these processes that we'll be covering.", 'start': 1946.854, 'duration': 5.364}, {'end': 1957.143, 'text': "There are 49 processes that we'll have and there are 10 knowledge areas that we'll be covering.", 'start': 1952.459, 'duration': 4.684}], 'summary': "Pmp training course covers 49 processes and 10 knowledge areas based on the sixth edition of pmi's guide.", 'duration': 64.524, 'max_score': 1892.619, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/DxRrG4pAdJ0/pics/DxRrG4pAdJ01892619.jpg'}, {'end': 2295.415, 'src': 'heatmap', 'start': 2192.016, 'weight': 0.914, 'content': [{'end': 2196.557, 'text': 'So of course as we go ahead, we will take multiple examples of the project as well.', 'start': 2192.016, 'duration': 4.541}, {'end': 2204.319, 'text': 'But from definition point of view, we need to just remember some of these keywords, that from the PMBOK guide and from PMP example of you.', 'start': 2196.977, 'duration': 7.342}, {'end': 2212.542, 'text': 'projects are of course unique, their temporary nature and what we produce at the end of the project is product, service or some result.', 'start': 2204.319, 'duration': 8.223}, {'end': 2220.216, 'text': 'Now if you take the examples of like projects drive change You will come across project why they are initiated.', 'start': 2213.382, 'duration': 6.834}, {'end': 2223.438, 'text': 'You must be thinking about why projects are initiated.', 'start': 2220.577, 'duration': 2.861}, {'end': 2226.18, 'text': 'So sometimes projects are initiated to drive change.', 'start': 2223.818, 'duration': 2.362}, {'end': 2230.722, 'text': 'I have seen that organizations undertaking big transformation projects.', 'start': 2226.84, 'duration': 3.882}, {'end': 2234.865, 'text': 'Now those transformation projects are basically to drive change within the organization.', 'start': 2231.143, 'duration': 3.722}, {'end': 2243.59, 'text': 'I was part of such a transformation project and the transformation project was about the agile transformation within organization.', 'start': 2235.305, 'duration': 8.285}, {'end': 2247.312, 'text': 'So it was 18 months project and that has a started and the ended,', 'start': 2243.63, 'duration': 3.682}, {'end': 2253.391, 'text': 'and then lot of activities have were undertaken as a part of this project and then with an objective.', 'start': 2247.785, 'duration': 5.606}, {'end': 2261.52, 'text': 'obviously there was objective that they want to shift from the traditional mindset or traditional way of working to the Agile way of working.', 'start': 2253.391, 'duration': 8.129}, {'end': 2266.846, 'text': 'So that is completely a project to drive change at the organizational level right?', 'start': 2262.081, 'duration': 4.765}, {'end': 2270.761, 'text': 'The project could be also undertaken to enable business value creation.', 'start': 2267.199, 'duration': 3.562}, {'end': 2273.342, 'text': 'Now value could be tangible or intangible.', 'start': 2271.101, 'duration': 2.241}, {'end': 2274.183, 'text': "That's fine.", 'start': 2273.683, 'duration': 0.5}, {'end': 2277.405, 'text': 'But what is the value how value is going to be generated in the business.', 'start': 2274.603, 'duration': 2.802}, {'end': 2282.828, 'text': 'It could be by launching a new product altogether or new line of business,', 'start': 2277.805, 'duration': 5.023}, {'end': 2295.415, 'text': "whatever that line of business that you would like to enter into and you are undertaking a project basically to enter into that new line of business and that's going to add value and that you can measure it.", 'start': 2282.828, 'duration': 12.587}], 'summary': 'Projects are initiated to drive change or enable business value creation, such as an 18-month agile transformation project.', 'duration': 103.399, 'max_score': 2192.016, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/DxRrG4pAdJ0/pics/DxRrG4pAdJ02192016.jpg'}], 'start': 1513.234, 'title': 'Pmp certification and examination', 'summary': "Details the qualification criteria for the pmp examination, requiring 4500 non-overlapping experience hours, and discusses the 200-question, four-hour examination, emphasizing that 175 questions contribute to the final score. it also covers the pmp examination process, eligibility, fees, and pmi membership significance, along with an overview of the pmbok guide's structure, content, and project definition.", 'chapters': [{'end': 1626.975, 'start': 1513.234, 'title': 'Pmp certification: qualification and examination pattern', 'summary': 'Explains the qualification criteria for the pmp examination, highlighting the non-overlapping experience of 4500 hours and the pattern of the four-hour examination with 200 multiple choice questions, of which 175 are considered for the final score.', 'duration': 113.741, 'highlights': ['The PMP certification requires non-overlapping experience of 4500 hours on any project, regardless of the role played, alongside other prerequisites.', 'The PMP examination is a four-hour test with 200 multiple choice questions, out of which 175 questions are considered for the final score, while 25 are pre-test questions.', 'To prepare for the PMP examination, it is recommended to practice sitting for four hours and to take at least two full 200 question mock tests before appearing for the actual exam.']}, {'end': 2336.897, 'start': 1626.975, 'title': 'Pmp examination and pmbok guide', 'summary': 'Covers the pmp examination process, including eligibility, fees, and the importance of pmi membership, as well as an overview of the pmbok guide, detailing the structure and content of the sixth edition, and the definition of a project.', 'duration': 709.922, 'highlights': ['The PMP examination process, including eligibility, fees, and the importance of PMI membership, was covered. The eligibility criteria for the PMP examination were discussed, along with examination fees and the advantages of PMI membership.', 'An overview of the PMBOK guide, detailing the structure and content of the sixth edition, was provided. The structure of the PMBOK guide, its key concepts, and the coverage of knowledge areas and process groups in the sixth edition were explained.', 'The definition of a project as a temporary endeavor undertaken to create a unique product, service, or result was discussed. The temporary nature of projects, their uniqueness, and the outcomes they produce were emphasized, along with examples to illustrate the concept.']}], 'duration': 823.663, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/DxRrG4pAdJ0/pics/DxRrG4pAdJ01513234.jpg', 'highlights': ['The PMP certification requires non-overlapping experience of 4500 hours on any project, regardless of the role played, alongside other prerequisites.', 'The PMP examination is a four-hour test with 200 multiple choice questions, out of which 175 questions are considered for the final score, while 25 are pre-test questions.', 'An overview of the PMBOK guide, detailing the structure and content of the sixth edition, was provided. The structure of the PMBOK guide, its key concepts, and the coverage of knowledge areas and process groups in the sixth edition were explained.', 'The PMP examination process, including eligibility, fees, and the importance of PMI membership, was covered. The eligibility criteria for the PMP examination were discussed, along with examination fees and the advantages of PMI membership.']}, {'end': 3327.611, 'segs': [{'end': 2363.837, 'src': 'embed', 'start': 2337.337, 'weight': 0, 'content': [{'end': 2341.76, 'text': 'So sometimes projects are undertaken just so that we achieve those intangible benefits.', 'start': 2337.337, 'duration': 4.423}, {'end': 2347.464, 'text': 'There are also projects which are initiated sometimes to meet the regulatory requirement.', 'start': 2342.361, 'duration': 5.103}, {'end': 2350.37, 'text': 'I have worked on many regulatory projects Now.', 'start': 2347.684, 'duration': 2.686}, {'end': 2356.553, 'text': 'some of these projects were initiated so that we can fulfill the regulatory requirements of the customers.', 'start': 2350.37, 'duration': 6.183}, {'end': 2357.494, 'text': 'All right.', 'start': 2357.114, 'duration': 0.38}, {'end': 2363.837, 'text': 'so, for example, there are certain like if you work in a banking industry, there are certain reports which needs to be furnished,', 'start': 2357.494, 'duration': 6.343}], 'summary': 'Projects undertaken for intangible benefits and regulatory requirements; worked on many regulatory projects.', 'duration': 26.5, 'max_score': 2337.337, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/DxRrG4pAdJ0/pics/DxRrG4pAdJ02337337.jpg'}, {'end': 2507.307, 'src': 'embed', 'start': 2482.53, 'weight': 1, 'content': [{'end': 2495.153, 'text': "So let's say you are working in an automobile industry and there is a strategic vision that your owner of the company has to manufacture a car which is priced least the cheapest car.", 'start': 2482.53, 'duration': 12.623}, {'end': 2502.221, 'text': "So that's the strategic vision that your owner of the company has and with that vision you then start working on a product.", 'start': 2495.693, 'duration': 6.528}, {'end': 2507.307, 'text': 'So that means you undertake a project which will produce a product to fulfill that vision.', 'start': 2502.401, 'duration': 4.906}], 'summary': 'In the automobile industry, the goal is to manufacture the cheapest car.', 'duration': 24.777, 'max_score': 2482.53, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/DxRrG4pAdJ0/pics/DxRrG4pAdJ02482530.jpg'}, {'end': 2911.424, 'src': 'embed', 'start': 2881.536, 'weight': 2, 'content': [{'end': 2887.179, 'text': 'Or they may land up in doing a lot of rework and rework is a waste and that requires a lot of money.', 'start': 2881.536, 'duration': 5.643}, {'end': 2890.401, 'text': 'And all this lead to unsatisfied stakeholders for that matter.', 'start': 2887.539, 'duration': 2.862}, {'end': 2894.573, 'text': 'So therefore, project management is definitely very important.', 'start': 2890.99, 'duration': 3.583}, {'end': 2901.177, 'text': 'And hence, we need to learn the associated knowledge and the skills that are required to manage project effectively.', 'start': 2894.733, 'duration': 6.444}, {'end': 2905.78, 'text': 'And obviously, we need to also know what are the tools and techniques that are required.', 'start': 2901.657, 'duration': 4.123}, {'end': 2911.424, 'text': 'And most importantly, we need to be using the right tool and right technique at the right time.', 'start': 2906.081, 'duration': 5.343}], 'summary': 'Effective project management is crucial for avoiding rework, saving money, and satisfying stakeholders.', 'duration': 29.888, 'max_score': 2881.536, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/DxRrG4pAdJ0/pics/DxRrG4pAdJ02881536.jpg'}, {'end': 3085.708, 'src': 'embed', 'start': 3058.413, 'weight': 4, 'content': [{'end': 3063.976, 'text': "When I'm saying constraints, what does that mean actually? So there are these six constraints that we talk about.", 'start': 3058.413, 'duration': 5.563}, {'end': 3068.839, 'text': 'Scope, time, cost, quality, risk, and resources.', 'start': 3064.696, 'duration': 4.143}, {'end': 3074.162, 'text': 'Now they are constraints because even if you change one, at least one other will get affected.', 'start': 3069.379, 'duration': 4.783}, {'end': 3078.824, 'text': 'If you increase the scope of the project, obviously cost might go up right?', 'start': 3074.682, 'duration': 4.142}, {'end': 3085.708, 'text': "If you don't increase the cost and if you're just increasing the scope, risk might go up and quality might go down.", 'start': 3079.324, 'duration': 6.384}], 'summary': 'Project constraints include scope, time, cost, quality, risk, and resources, where changes impact each other.', 'duration': 27.295, 'max_score': 3058.413, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/DxRrG4pAdJ0/pics/DxRrG4pAdJ03058413.jpg'}, {'end': 3142.509, 'src': 'heatmap', 'start': 2920.546, 'weight': 5, 'content': [{'end': 2927.289, 'text': 'Now if you see project manager meant as a methodology now each organization have seen they have done some sort of a customization.', 'start': 2920.546, 'duration': 6.743}, {'end': 2930.951, 'text': "It's not like they may follow whatever we are going to talk about as it is.", 'start': 2927.549, 'duration': 3.402}, {'end': 2932.731, 'text': "So there's going to be always a customization.", 'start': 2931.151, 'duration': 1.58}, {'end': 2938.134, 'text': 'So templates I have seen every organization will have their format if will have their own templates.', 'start': 2932.791, 'duration': 5.343}, {'end': 2940.955, 'text': 'There will be policies around how to manage vendors.', 'start': 2938.454, 'duration': 2.501}, {'end': 2945.697, 'text': 'There will be policies around how to go about doing the human resource management Etc.', 'start': 2940.975, 'duration': 4.722}, {'end': 2952.388, 'text': "There will be certain processes, over and above what we're going to cover, which are specific to the organization as well,", 'start': 2946.117, 'duration': 6.271}, {'end': 2955.33, 'text': 'and there are a lot of guidelines that are available as well.', 'start': 2952.388, 'duration': 2.942}, {'end': 2959.793, 'text': "but most important thing is, when we talk about a methodology we're talking about.", 'start': 2955.33, 'duration': 4.463}, {'end': 2968.24, 'text': 'we should be able to plan project properly, monitor it properly and control the project properly within the organization, and to do that,', 'start': 2959.793, 'duration': 8.447}, {'end': 2971.483, 'text': 'what is required is going to be covered as a part of this training.', 'start': 2968.24, 'duration': 3.243}, {'end': 2977.967, 'text': 'so PMP certification training will actually cover the project methodology as a whole,', 'start': 2971.483, 'duration': 6.484}, {'end': 2985.391, 'text': 'and that will give you an idea about what kind of template I should be using when I put or when I start working on the project charter or when I create a business case,', 'start': 2977.967, 'duration': 7.424}, {'end': 2989.213, 'text': 'how I should be going about doing that or what policies I should be.', 'start': 2985.391, 'duration': 3.822}, {'end': 2996.057, 'text': "you know bare minimum policies I should be having, right, what kind of a guidelines I need to follow when I'm doing a particular thing.", 'start': 2989.213, 'duration': 6.844}, {'end': 3001.16, 'text': 'so, from project management methodology point of view, these are some of the areas that are needs to be looked into.', 'start': 2996.057, 'duration': 5.103}, {'end': 3008.364, 'text': 'Okay, so, if you have any questions, of course feel free to put them into the chat box that is provided,', 'start': 3002.142, 'duration': 6.222}, {'end': 3011.846, 'text': 'so that we can also answer those questions as we proceed.', 'start': 3008.364, 'duration': 3.482}, {'end': 3013.866, 'text': 'All right.', 'start': 3013.526, 'duration': 0.34}, {'end': 3017.248, 'text': "So right now, I don't see any specific question as such coming in.", 'start': 3013.946, 'duration': 3.302}, {'end': 3019.829, 'text': 'So I hope you are with me on the training so far.', 'start': 3017.368, 'duration': 2.461}, {'end': 3023.37, 'text': 'Okay, so I got a confirmation from John that so far so good.', 'start': 3020.369, 'duration': 3.001}, {'end': 3024.77, 'text': 'So we are going on fine.', 'start': 3023.63, 'duration': 1.14}, {'end': 3026.531, 'text': 'Thank you for confirming that.', 'start': 3025.271, 'duration': 1.26}, {'end': 3028.012, 'text': 'Savita is fine too.', 'start': 3026.931, 'duration': 1.081}, {'end': 3028.712, 'text': 'All right.', 'start': 3028.372, 'duration': 0.34}, {'end': 3029.152, 'text': 'Thank you.', 'start': 3028.832, 'duration': 0.32}, {'end': 3031.991, 'text': "So let's just continue with the same pace.", 'start': 3029.83, 'duration': 2.161}, {'end': 3038.352, 'text': "Now let's move on to one of the most important points which is about constraints of the project.", 'start': 3032.791, 'duration': 5.561}, {'end': 3042.293, 'text': 'So we call it as compensating factors or project constraints.', 'start': 3038.412, 'duration': 3.881}, {'end': 3049.015, 'text': "If you ask me how the project manager's performance is reviewed or performance is judged,", 'start': 3042.873, 'duration': 6.142}, {'end': 3054.736, 'text': "I would say it's based on how the project manager is overall managing the constraints of project.", 'start': 3049.015, 'duration': 5.721}, {'end': 3057.917, 'text': 'Because every project will have these constraints.', 'start': 3055.316, 'duration': 2.601}, {'end': 3063.976, 'text': "When I'm saying constraints, what does that mean actually? So there are these six constraints that we talk about.", 'start': 3058.413, 'duration': 5.563}, {'end': 3068.839, 'text': 'Scope, time, cost, quality, risk, and resources.', 'start': 3064.696, 'duration': 4.143}, {'end': 3074.162, 'text': 'Now they are constraints because even if you change one, at least one other will get affected.', 'start': 3069.379, 'duration': 4.783}, {'end': 3078.824, 'text': 'If you increase the scope of the project, obviously cost might go up right?', 'start': 3074.682, 'duration': 4.142}, {'end': 3085.708, 'text': "If you don't increase the cost and if you're just increasing the scope, risk might go up and quality might go down.", 'start': 3079.324, 'duration': 6.384}, {'end': 3093.043, 'text': 'right. at the same time, if you reduce the time, if you want something to be deployed early or finished early,', 'start': 3086.277, 'duration': 6.766}, {'end': 3095.865, 'text': 'then obviously we need to increase number of resources.', 'start': 3093.043, 'duration': 2.822}, {'end': 3099.168, 'text': "if you don't increase number of resources, then it's going to cost you.", 'start': 3095.865, 'duration': 3.303}, {'end': 3105.593, 'text': "either you'll not be able to complete all the scope or you will not be able to achieve the quality that is expected to be there.", 'start': 3099.168, 'duration': 6.425}, {'end': 3113.48, 'text': 'so you have to play around with these constraints, so effective project manager would know how to deal with these constraints.', 'start': 3105.593, 'duration': 7.887}, {'end': 3118.274, 'text': 'And, most importantly, if there is change to any of these constraints,', 'start': 3114.232, 'duration': 4.042}, {'end': 3123.516, 'text': "it's important to go back and update the relevant documents that are being created.", 'start': 3118.274, 'duration': 5.242}, {'end': 3128.158, 'text': 'So it could be a scope management plan, risk management plan, or resource management plan.', 'start': 3123.576, 'duration': 4.582}, {'end': 3133.601, 'text': 'So we need to go back and update these documents as well if there is any change to the constraints, right?', 'start': 3128.178, 'duration': 5.423}, {'end': 3137.562, 'text': 'So, from that point of view, these constraints are very, very important to manage.', 'start': 3134.081, 'duration': 3.481}, {'end': 3142.509, 'text': 'And this constraint needs to be managed from the point of view of The stakeholders.', 'start': 3138.123, 'duration': 4.386}], 'summary': 'The project management methodology includes customization, templates, policies, processes, and guidelines, and effective management of project constraints is crucial for project managers.', 'duration': 221.963, 'max_score': 2920.546, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/DxRrG4pAdJ0/pics/DxRrG4pAdJ02920546.jpg'}, {'end': 3294.018, 'src': 'embed', 'start': 3264.828, 'weight': 6, 'content': [{'end': 3266.769, 'text': 'we may like to mitigate few risks.', 'start': 3264.828, 'duration': 1.941}, {'end': 3276.535, 'text': 'we may like to also accept few risks if there is no good option that is available or if the cost of mitigation is higher than the cost of the risk overall risk,', 'start': 3266.769, 'duration': 9.766}, {'end': 3281.978, 'text': 'then sometimes we might have to accept that risk as well, or sometimes we might have to transfer the risk.', 'start': 3276.535, 'duration': 5.443}, {'end': 3287.681, 'text': 'so risk response strategy needs to be agreed upon and then we assign the risk owners.', 'start': 3281.978, 'duration': 5.703}, {'end': 3294.018, 'text': 'Those respective risk owners will then ensure that before the risk occurs, the risk response needs to be implemented.', 'start': 3288.134, 'duration': 5.884}], 'summary': 'Mitigate and accept risks based on cost and availability, assign risk owners for implementation.', 'duration': 29.19, 'max_score': 3264.828, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/DxRrG4pAdJ0/pics/DxRrG4pAdJ03264828.jpg'}], 'start': 2337.337, 'title': 'Project initiation, management, and constraints', 'summary': 'Covers reasons for project initiation such as regulatory requirements, customer requests, technology upgrades, and strategic visions, emphasizing the importance of project management to meet business objectives, satisfy stakeholder expectations, and manage project constraints and risks, including scope, time, cost, quality, and resources.', 'chapters': [{'end': 2642.972, 'start': 2337.337, 'title': 'Reasons for project initiation', 'summary': 'Discusses various reasons for project initiation, including fulfilling regulatory requirements, customer requests, technology upgrades, and strategic visions, with examples from different industries and the impact on organizational structure, processes, and information systems.', 'duration': 305.635, 'highlights': ['Projects are initiated to fulfill regulatory requirements, such as producing reports for regulators, with data gathered from multiple IT systems, to satisfy customer requests or needs, and to implement or change business or technology. Projects are initiated to fulfill regulatory requirements, such as producing reports for regulators, with data gathered from multiple IT systems, to satisfy customer requests or needs, and to implement or change business or technology.', 'Initiation of projects may be based on customer requests, including receiving change requests to enhance existing products, implementing or changing business or technology, and undertaking technological advancements like evergreening projects. Initiation of projects may be based on customer requests, including receiving change requests to enhance existing products, implementing or changing business or technology, and undertaking technological advancements like evergreening projects.', 'Undertaking projects to develop new products, services, or results based on a strategic vision, such as manufacturing the cheapest car, and launching new customer care services through various projects. Undertaking projects to develop new products, services, or results based on a strategic vision, such as manufacturing the cheapest car, and launching new customer care services through various projects.', 'Projects are also undertaken to affect change in organizational structure, process improvement, or staffing cost reduction, and to develop or acquire new or modified information systems, including infrastructure projects to replace old hardware or software. Projects are also undertaken to affect change in organizational structure, process improvement, or staffing cost reduction, and to develop or acquire new or modified information systems, including infrastructure projects to replace old hardware or software.']}, {'end': 2996.057, 'start': 2643.513, 'title': 'Importance of project management', 'summary': 'Emphasizes the importance of project management, highlighting the need for skills, tools, and techniques to effectively manage projects, meet business objectives, satisfy stakeholder expectations, manage project constraints and risks, and deliver the project within constraints to avoid failure, missed deadlines, and cost overruns.', 'duration': 352.544, 'highlights': ['The importance of project management lies in effectively managing projects, meeting business objectives, satisfying stakeholder expectations, managing project constraints and risks, and delivering projects within constraints to avoid failure, missed deadlines, and cost overruns. Emphasizes the need for skills, tools, and techniques to effectively manage projects, meet business objectives, satisfy stakeholder expectations, manage project constraints and risks, and deliver the project within constraints to avoid failure, missed deadlines, and cost overruns.', 'Project management is crucial for achieving business objectives, satisfying stakeholder expectations, and managing project constraints and risks, which ultimately leads to successful project delivery. Stresses the importance of project management for achieving business objectives, satisfying stakeholder expectations, and managing project constraints and risks to ensure successful project delivery.', 'Poorly managed projects can lead to multiple disadvantages such as failure in achieving objectives, missed deadlines, cost overruns, compromise in the quality of the outcome, rework, and unsatisfied stakeholders. Highlights the consequences of poorly managed projects, including failure in achieving objectives, missed deadlines, cost overruns, compromised quality, rework, and unsatisfied stakeholders.']}, {'end': 3327.611, 'start': 2996.057, 'title': 'Project constraints management', 'summary': 'Discusses the importance of managing project constraints, including scope, time, cost, quality, risk, and resources, and their impact on project performance, as well as the process of managing project risks through workshops, risk identification, analysis, response strategies, and risk management plan.', 'duration': 331.554, 'highlights': ['Project constraints such as scope, time, cost, quality, risk, and resources are crucial for project management, as changing one constraint can affect others, impacting project performance. The six constraints, when managed effectively, determine the overall success of the project.', 'It is important for project managers to update relevant documents such as scope management plan, risk management plan, or resource management plan when there is a change to any of the project constraints. Documentation updates are essential for ensuring that changes in constraints are properly accounted for and managed.', 'Managing project risks involves identifying, prioritizing, analyzing, and creating risk response strategies, which may include risk mitigation, acceptance, or transfer, and assigning risk owners to ensure timely implementation of risk responses. The process of managing project risks involves a comprehensive approach, including workshops, analysis, and execution based on a risk management plan.']}], 'duration': 990.274, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/DxRrG4pAdJ0/pics/DxRrG4pAdJ02337337.jpg', 'highlights': ['Projects are initiated to fulfill regulatory requirements, satisfy customer requests, and implement or change business or technology.', 'Undertaking projects to develop new products, services, or results based on a strategic vision is crucial.', 'The importance of project management lies in effectively managing projects, meeting business objectives, satisfying stakeholder expectations, and delivering projects within constraints to avoid failure, missed deadlines, and cost overruns.', 'Project management is crucial for achieving business objectives, satisfying stakeholder expectations, and managing project constraints and risks, which ultimately leads to successful project delivery.', 'Project constraints such as scope, time, cost, quality, risk, and resources are crucial for project management, as changing one constraint can affect others, impacting project performance.', 'It is important for project managers to update relevant documents such as scope management plan, risk management plan, or resource management plan when there is a change to any of the project constraints.', 'Managing project risks involves identifying, prioritizing, analyzing, and creating risk response strategies, which may include risk mitigation, acceptance, or transfer, and assigning risk owners to ensure timely implementation of risk responses.']}, {'end': 3977.413, 'segs': [{'end': 3386.499, 'src': 'embed', 'start': 3353.302, 'weight': 0, 'content': [{'end': 3355.544, 'text': 'So talking about project and strategic planning.', 'start': 3353.302, 'duration': 2.242}, {'end': 3358.827, 'text': "So let's get started with the project and strategic planning first.", 'start': 3355.624, 'duration': 3.203}, {'end': 3364.891, 'text': "So typically what happens if you talk about a program, it's always made up of multiple projects.", 'start': 3359.167, 'duration': 5.724}, {'end': 3374.793, 'text': "and a portfolio would have projects and programs put together, and then that's how, ultimately, everything is aligned with the organizational goals,", 'start': 3365.447, 'duration': 9.346}, {'end': 3378.375, 'text': 'objectives or whatever the strategic plan that is created.', 'start': 3374.793, 'duration': 3.582}, {'end': 3386.499, 'text': 'So I gave you this example of if you want to manufacture a cheapest car, if that is a vision, high-level strategic plan that is created,', 'start': 3378.815, 'duration': 7.684}], 'summary': 'Project and strategic planning involves aligning projects and programs with organizational goals and objectives.', 'duration': 33.197, 'max_score': 3353.302, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/DxRrG4pAdJ0/pics/DxRrG4pAdJ03353302.jpg'}, {'end': 3489.67, 'src': 'embed', 'start': 3458.244, 'weight': 2, 'content': [{'end': 3461.625, 'text': 'at that level the overall governance is managed.', 'start': 3458.244, 'duration': 3.381}, {'end': 3469.107, 'text': 'So program and the project management will ensure that the programs and the projects are managed in a right way.', 'start': 3462.445, 'duration': 6.662}, {'end': 3470.508, 'text': 'So that is very very important.', 'start': 3469.367, 'duration': 1.141}, {'end': 3474.189, 'text': 'The most important thing is you need to categorize these programs.', 'start': 3471.128, 'duration': 3.061}, {'end': 3479.851, 'text': 'So for example you have the programs which are similar kind of a project should be part of that program.', 'start': 3474.609, 'duration': 5.242}, {'end': 3484.607, 'text': "Of course we'll take example as we go ahead but portfolio management alliance with portfolios.", 'start': 3480.285, 'duration': 4.322}, {'end': 3489.67, 'text': 'So what we can do is that probably we can take an example and then it would be in a position,', 'start': 3485.147, 'duration': 4.523}], 'summary': 'Overall governance is managed at that level. program and project management ensures proper management. categorize programs for efficiency.', 'duration': 31.426, 'max_score': 3458.244, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/DxRrG4pAdJ0/pics/DxRrG4pAdJ03458244.jpg'}, {'end': 3552.712, 'src': 'embed', 'start': 3521.693, 'weight': 1, 'content': [{'end': 3526.198, 'text': "so you're doing a market research activity, which is a separate project in itself.", 'start': 3521.693, 'duration': 4.505}, {'end': 3532.724, 'text': 'now, if you see, the kind of programs that i might need to create under this portfolio would be marketing okay.', 'start': 3526.198, 'duration': 6.526}, {'end': 3538.247, 'text': "so when i'm Setting up a new line of business, I need to think about how am I going to market that?", 'start': 3532.724, 'duration': 5.523}, {'end': 3543.409, 'text': 'Then I would also need to think about the application development as a separate component altogether.', 'start': 3538.628, 'duration': 4.781}, {'end': 3545.23, 'text': 'Then content development would be there.', 'start': 3543.729, 'duration': 1.501}, {'end': 3552.712, 'text': 'So I would run these three different programs and under these three different programs, there could be multiple projects running.', 'start': 3545.59, 'duration': 7.122}], 'summary': 'Planning marketing, app development, and content projects for new business line.', 'duration': 31.019, 'max_score': 3521.693, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/DxRrG4pAdJ0/pics/DxRrG4pAdJ03521693.jpg'}, {'end': 3731.564, 'src': 'embed', 'start': 3699.531, 'weight': 4, 'content': [{'end': 3703.934, 'text': "So sometimes what happens when there is an existing application and then you're enhancing.", 'start': 3699.531, 'duration': 4.403}, {'end': 3706.175, 'text': 'So again you engage the operations team as well.', 'start': 3704.034, 'duration': 2.141}, {'end': 3713.958, 'text': 'Most importantly at the end of the product lifecycle there would be a proper handover between the project team and the operations team.', 'start': 3706.995, 'duration': 6.963}, {'end': 3719.641, 'text': 'So that handover has to happen properly and we need to pass on all the relevant documents to them.', 'start': 3714.038, 'duration': 5.603}, {'end': 3722.616, 'text': 'And at the end of each phase closure,', 'start': 3720.154, 'duration': 2.462}, {'end': 3731.564, 'text': 'we need to also invite the operations team so that there is a proper handshake happening and they are not engaged only towards late in the project.', 'start': 3722.616, 'duration': 8.948}], 'summary': 'Handover all relevant documents to operations team at end of product lifecycle and involve them at each phase closure for proper engagement.', 'duration': 32.033, 'max_score': 3699.531, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/DxRrG4pAdJ0/pics/DxRrG4pAdJ03699531.jpg'}, {'end': 3800.739, 'src': 'embed', 'start': 3774.861, 'weight': 5, 'content': [{'end': 3781.486, 'text': 'Program is where we collect projects together and they are definitely interrelated or sometimes they are interdependent as well.', 'start': 3774.861, 'duration': 6.625}, {'end': 3786.529, 'text': 'But most importantly they obtain benefits which are not available from individual components.', 'start': 3781.886, 'duration': 4.643}, {'end': 3794.995, 'text': 'So if you see only the web application will not give you as much benefit as even when you add the Android app or iOS.', 'start': 3787.009, 'duration': 7.986}, {'end': 3800.739, 'text': 'So when they put together that application development as a program will deliver much more benefits.', 'start': 3795.315, 'duration': 5.424}], 'summary': 'Programs combine interrelated projects to deliver greater benefits, e.g., web app + android/ios app provide more benefits than standalone.', 'duration': 25.878, 'max_score': 3774.861, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/DxRrG4pAdJ0/pics/DxRrG4pAdJ03774861.jpg'}, {'end': 3903.886, 'src': 'heatmap', 'start': 3801.26, 'weight': 0.765, 'content': [{'end': 3804.664, 'text': 'Multiple interrelated projects needs to be run parallelly.', 'start': 3801.26, 'duration': 3.404}, {'end': 3806.125, 'text': 'So sometimes they are done parallelly.', 'start': 3804.684, 'duration': 1.441}, {'end': 3808.007, 'text': 'sometimes they are also dependent right?', 'start': 3806.125, 'duration': 1.882}, {'end': 3811.611, 'text': 'So they could be done in series or they could also be run in parallel.', 'start': 3808.047, 'duration': 3.564}, {'end': 3816.536, 'text': 'Now projects, they are generally dependent on each other and serve a common outcome.', 'start': 3812.031, 'duration': 4.505}, {'end': 3822.943, 'text': "So if you see typically is that let's say class one and class two, there could be a bit of a dependency as well in terms of content.", 'start': 3816.937, 'duration': 6.006}, {'end': 3826.038, 'text': 'okay, a baselining or delivery for that matter.', 'start': 3823.516, 'duration': 2.522}, {'end': 3832.181, 'text': "Or there could be a bit of a dependency between what you're developing as a web application and then Android and iOS.", 'start': 3826.358, 'duration': 5.823}, {'end': 3835.623, 'text': "So generally, that's what is observed within the project.", 'start': 3832.261, 'duration': 3.362}, {'end': 3845.209, 'text': "So we need to ascertain what's the dependency level and we need to manage that dependency level effectively as well when you are working on project and programs.", 'start': 3835.683, 'duration': 9.526}, {'end': 3846.77, 'text': 'All right.', 'start': 3846.33, 'duration': 0.44}, {'end': 3857.868, 'text': 'so, moving from there altogether, so we just covered up what is a project program and portfolio and we have taken one good example to classify this,', 'start': 3846.77, 'duration': 11.098}, {'end': 3862.51, 'text': 'to differentiate this, and as we progress we are going to take more examples as well.', 'start': 3857.868, 'duration': 4.642}, {'end': 3864.471, 'text': 'so organizational project management.', 'start': 3862.51, 'duration': 1.961}, {'end': 3871.555, 'text': 'so if you see the OPM, so this is specific to the organization now we are talking about now this is a framework where we talk about project,', 'start': 3864.471, 'duration': 7.084}, {'end': 3873.376, 'text': 'program and portfolio management.', 'start': 3871.555, 'duration': 1.821}, {'end': 3881.1, 'text': "all this is integrated so that we can achieve the organizational objectives ultimately, and for that reason it's basically integrated.", 'start': 3873.376, 'duration': 7.724}, {'end': 3884.507, 'text': 'how does this work, if you think from the application point of view now?', 'start': 3881.1, 'duration': 3.407}, {'end': 3889.472, 'text': "so you have project program, portfolio management knowledge and now you're applying it,", 'start': 3884.507, 'duration': 4.965}, {'end': 3893.336, 'text': "and that's where the organizational objectives will come into picture.", 'start': 3889.472, 'duration': 3.864}, {'end': 3895.638, 'text': 'so you have a strategy, right.', 'start': 3893.336, 'duration': 2.302}, {'end': 3903.886, 'text': 'so we have taken example here that we have some strategy which is launch a new line of business, all right, and then you decide the portfolio,', 'start': 3895.638, 'duration': 8.248}], 'summary': 'Projects can run parallel or in series, with dependencies. organizational project management integrates project, program, and portfolio management to achieve organizational objectives.', 'duration': 102.626, 'max_score': 3801.26, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/DxRrG4pAdJ0/pics/DxRrG4pAdJ03801260.jpg'}, {'end': 3903.886, 'src': 'embed', 'start': 3873.376, 'weight': 3, 'content': [{'end': 3881.1, 'text': "all this is integrated so that we can achieve the organizational objectives ultimately, and for that reason it's basically integrated.", 'start': 3873.376, 'duration': 7.724}, {'end': 3884.507, 'text': 'how does this work, if you think from the application point of view now?', 'start': 3881.1, 'duration': 3.407}, {'end': 3889.472, 'text': "so you have project program, portfolio management knowledge and now you're applying it,", 'start': 3884.507, 'duration': 4.965}, {'end': 3893.336, 'text': "and that's where the organizational objectives will come into picture.", 'start': 3889.472, 'duration': 3.864}, {'end': 3895.638, 'text': 'so you have a strategy, right.', 'start': 3893.336, 'duration': 2.302}, {'end': 3903.886, 'text': 'so we have taken example here that we have some strategy which is launch a new line of business, all right, and then you decide the portfolio,', 'start': 3895.638, 'duration': 8.248}], 'summary': 'Integrated approach for achieving organizational objectives through project management.', 'duration': 30.51, 'max_score': 3873.376, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/DxRrG4pAdJ0/pics/DxRrG4pAdJ03873376.jpg'}], 'start': 3327.811, 'title': 'Project, program, and portfolio management', 'summary': 'Discusses the relationship and alignment of projects, programs, and portfolios with organizational goals, along with their roles, interdependencies, and impact on achieving strategic objectives, focusing on the example of launching a new line of business and emphasizing the need for proper governance, strategic planning, and value performance analysis.', 'chapters': [{'end': 3625.026, 'start': 3327.811, 'title': 'Project, program, and portfolio management', 'summary': 'Discusses the relationship between projects, programs, and portfolios, illustrating how they align with organizational goals and how programs consist of multiple projects to achieve complex objectives.', 'duration': 297.215, 'highlights': ['Programs consist of multiple projects and portfolios consist of projects and programs aligned with organizational goals. Programs made up of multiple projects, portfolios include projects and programs aligned with organizational goals.', 'Example of setting up a new line of business as a portfolio, with marketing, application development, and content development as programs consisting of related projects. Illustration of setting up a new business line as a portfolio, with marketing, application development, and content development as programs with related projects.', 'Categorization and governance of programs and projects are essential for proper management. Importance of categorization and governance for proper management of programs and projects.']}, {'end': 3977.413, 'start': 3625.026, 'title': 'Project, program, and portfolio management', 'summary': 'Explains the roles of project, program, and portfolio management, their interdependencies, and their impact on achieving strategic objectives, with a focus on the example of launching a new line of business, highlighting the need for proper governance, strategic planning, and value performance analysis.', 'duration': 352.387, 'highlights': ['The importance of proper governance at the portfolio level and the need for a proper handover between the project team and the operations team at the end of the product lifecycle.', 'The interrelated and interdependent nature of programs, their ability to deliver benefits not available from individual components, and the need to measure business benefits against the business benefit management plan.', 'The integration of project, program, and portfolio management to achieve organizational objectives, with a focus on value performance analysis, aligning with the portfolio, and deploying completed programs to the production and support team for value realization.']}], 'duration': 649.602, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/DxRrG4pAdJ0/pics/DxRrG4pAdJ03327811.jpg', 'highlights': ['Programs consist of multiple projects and portfolios consist of projects and programs aligned with organizational goals.', 'Example of setting up a new line of business as a portfolio, with marketing, application development, and content development as programs consisting of related projects.', 'Categorization and governance of programs and projects are essential for proper management.', 'The integration of project, program, and portfolio management to achieve organizational objectives, with a focus on value performance analysis, aligning with the portfolio, and deploying completed programs to the production and support team for value realization.', 'The importance of proper governance at the portfolio level and the need for a proper handover between the project team and the operations team at the end of the product lifecycle.', 'The interrelated and interdependent nature of programs, their ability to deliver benefits not available from individual components, and the need to measure business benefits against the business benefit management plan.']}, {'end': 4864.158, 'segs': [{'end': 4014.403, 'src': 'embed', 'start': 3977.934, 'weight': 3, 'content': [{'end': 3980.756, 'text': 'Here we are just trying to put it in the form of OPAs.', 'start': 3977.934, 'duration': 2.822}, {'end': 3984.94, 'text': "All right, so let's just move on to PMBOK guide now.", 'start': 3981.479, 'duration': 3.461}, {'end': 3989.961, 'text': 'Since we are just talking about PMP certification training here,', 'start': 3985.4, 'duration': 4.561}, {'end': 3995.222, 'text': 'so we need to also know a bit more about PMBOK guide and how the PMBOK guide is structured.', 'start': 3989.961, 'duration': 5.261}, {'end': 4003.343, 'text': 'So we did cover the high-level structure, but there are a few more things that we need to know about PMBOK guide, especially at the component level,', 'start': 3995.262, 'duration': 8.081}, {'end': 4011.205, 'text': 'and, at the same time, how these process groups, the knowledge areas, the processes, how they are aligned, how they are interlinked.', 'start': 4003.343, 'duration': 7.862}, {'end': 4014.403, 'text': "So let's talk a bit more on these quickly.", 'start': 4011.721, 'duration': 2.682}], 'summary': 'Overview of pmbok guide, emphasizing structure, process groups, and interlinking.', 'duration': 36.469, 'max_score': 3977.934, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/DxRrG4pAdJ0/pics/DxRrG4pAdJ03977934.jpg'}, {'end': 4145.819, 'src': 'heatmap', 'start': 4046.798, 'weight': 0.705, 'content': [{'end': 4051.861, 'text': 'then we have requirement and then we have, Of course, you analyze them, create design right?', 'start': 4046.798, 'duration': 5.063}, {'end': 4053.862, 'text': 'So you build, you test, you deploy.', 'start': 4051.901, 'duration': 1.961}, {'end': 4058.666, 'text': 'So all these are nothing but your Lifecycle phases, then the project phase.', 'start': 4053.903, 'duration': 4.763}, {'end': 4062.368, 'text': 'so project phase is collection of logical related project activities.', 'start': 4058.666, 'duration': 3.702}, {'end': 4066.391, 'text': 'So you could differentiate between the project lifecycle and the project phase as well.', 'start': 4062.368, 'duration': 4.023}, {'end': 4069.689, 'text': 'So project lifecycle is very generic at a high level.', 'start': 4067.008, 'duration': 2.681}, {'end': 4075.871, 'text': 'So for example, feasibility is one thing, or analysis is another phase, or implementation is another phase.', 'start': 4070.169, 'duration': 5.702}, {'end': 4077.572, 'text': 'So from the project lifecycle point of view.', 'start': 4075.931, 'duration': 1.641}, {'end': 4080.313, 'text': 'The project phase could be requirements gathering.', 'start': 4078.132, 'duration': 2.181}, {'end': 4086.735, 'text': "So you have gathered requirements, which is logically based on the activities that you're performing, or design,", 'start': 4080.353, 'duration': 6.382}, {'end': 4089.136, 'text': "which is again activity of designing that you're performing.", 'start': 4086.735, 'duration': 2.401}, {'end': 4093.218, 'text': 'So we just, we can differentiate here, thin line difference that we see.', 'start': 4089.656, 'duration': 3.562}, {'end': 4096.439, 'text': 'Then these are specific to project, these are very generic.', 'start': 4093.778, 'duration': 2.661}, {'end': 4101.509, 'text': 'Then we have a phase gate, so which is a review that happens typically at the end of the phase.', 'start': 4097.145, 'duration': 4.364}, {'end': 4105.533, 'text': 'So, once the requirement gathering is completed as a phase,', 'start': 4101.948, 'duration': 3.585}, {'end': 4110.216, 'text': 'then we produce a document called as requirement specification document and that is reviewed.', 'start': 4105.533, 'duration': 4.683}, {'end': 4117.662, 'text': 'So that is my sort of a milestone that I can say that achieved by the end of the requirement phase and that needs to be reviewed then.', 'start': 4110.697, 'duration': 6.965}, {'end': 4121.587, 'text': "Which of course may get modified later if required, but that's fine.", 'start': 4118.163, 'duration': 3.424}, {'end': 4123.456, 'text': 'Project management process.', 'start': 4122.095, 'duration': 1.361}, {'end': 4129.397, 'text': 'so this is now, if it is a process, that obviously typically process has series of activities which are, you know,', 'start': 4123.456, 'duration': 5.941}, {'end': 4133.318, 'text': 'interdependent and then which will perform to achieve a specific objectives.', 'start': 4129.397, 'duration': 3.921}, {'end': 4139.479, 'text': "So here also, for example, if you take example of, let's say, a communication management plan.", 'start': 4133.818, 'duration': 5.661}, {'end': 4145.819, 'text': 'so when we work on the communication management plan, ultimately our objective is to create an approach.', 'start': 4139.479, 'duration': 6.34}], 'summary': 'Project lifecycle includes phases like requirements gathering and design, while project management process involves interdependent activities to achieve specific objectives.', 'duration': 99.021, 'max_score': 4046.798, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/DxRrG4pAdJ0/pics/DxRrG4pAdJ04046798.jpg'}, {'end': 4180.725, 'src': 'embed', 'start': 4151.397, 'weight': 1, 'content': [{'end': 4152.837, 'text': "So that's how typically it happens.", 'start': 4151.397, 'duration': 1.44}, {'end': 4154.877, 'text': 'The project management process groups.', 'start': 4152.897, 'duration': 1.98}, {'end': 4162.66, 'text': 'so again, when logically the grouping of project management inputs, tools, techniques and output happens so that particular group,', 'start': 4154.877, 'duration': 7.783}, {'end': 4165.121, 'text': 'you can define it as a project management process group.', 'start': 4162.66, 'duration': 2.461}, {'end': 4168.721, 'text': 'So in PMP here, we have these five groups.', 'start': 4165.461, 'duration': 3.26}, {'end': 4174.183, 'text': 'Initiating, planning, executing, monitoring and controlling, and closing.', 'start': 4169.102, 'duration': 5.081}, {'end': 4176.104, 'text': 'So these are the five process groups that we have.', 'start': 4174.223, 'duration': 1.881}, {'end': 4180.725, 'text': 'So of course they cut across all the phases of the project.', 'start': 4177.464, 'duration': 3.261}], 'summary': 'Pmp involves five process groups: initiating, planning, executing, monitoring and controlling, and closing.', 'duration': 29.328, 'max_score': 4151.397, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/DxRrG4pAdJ0/pics/DxRrG4pAdJ04151397.jpg'}, {'end': 4295.949, 'src': 'heatmap', 'start': 4192.421, 'weight': 0.739, 'content': [{'end': 4194.883, 'text': 'you would have to execute the tasks within feasibility.', 'start': 4192.421, 'duration': 2.462}, {'end': 4196.904, 'text': 'So that means these are not phases.', 'start': 4195.383, 'duration': 1.521}, {'end': 4205.31, 'text': 'What I mean to communicate here is that initiating, planning, executing, are not the phases of the project, but these are the process groups,', 'start': 4197.244, 'duration': 8.066}, {'end': 4208.552, 'text': 'and these process groups would fall in each and every phases.', 'start': 4205.31, 'duration': 3.242}, {'end': 4214.583, 'text': 'Now what are the knowledge areas? Now these are the basically ones that are identified areas of project management.', 'start': 4209.121, 'duration': 5.462}, {'end': 4222.685, 'text': 'And these are the areas of project management where we basically learn about the different processes right?', 'start': 4215.243, 'duration': 7.442}, {'end': 4228.706, 'text': 'We understand the different inputs, outputs, tools, techniques from each of these knowledge areas.', 'start': 4222.945, 'duration': 5.761}, {'end': 4235.188, 'text': 'So, if you talk about any knowledge area, if you pick up, okay, so you would need to then understand what are some of the tools,', 'start': 4229.207, 'duration': 5.981}, {'end': 4237.929, 'text': 'techniques and the inputs and outputs.', 'start': 4235.188, 'duration': 2.741}, {'end': 4239.566, 'text': "So let's take example here.", 'start': 4238.325, 'duration': 1.241}, {'end': 4243.929, 'text': "So I'm also going to give you the idea about some of these examples wherever possible.", 'start': 4239.586, 'duration': 4.343}, {'end': 4250.954, 'text': 'So I use this as a supporting material, okay, so that we can, you know, take some examples.', 'start': 4244.57, 'duration': 6.384}, {'end': 4251.595, 'text': 'All right.', 'start': 4251.395, 'duration': 0.2}, {'end': 4258.18, 'text': "so starting with, let's say, the plan scope management is one of the processes that we talk about here, right?", 'start': 4251.595, 'duration': 6.585}, {'end': 4262.103, 'text': 'So plan scope management is basically one of the knowledge areas that we talk about.', 'start': 4258.2, 'duration': 3.903}, {'end': 4265.645, 'text': 'And under that, there are inputs, tools, techniques, and output, as you can see on the screen.', 'start': 4262.163, 'duration': 3.482}, {'end': 4267.867, 'text': 'So these could be the inputs for planning.', 'start': 4266.266, 'duration': 1.601}, {'end': 4275.943, 'text': 'a project charter, then various plans like quality management plan, project lifecycle description, development approach, etc.', 'start': 4268.28, 'duration': 7.663}, {'end': 4279.324, 'text': 'so these are my inputs to the scope management plan.', 'start': 4275.943, 'duration': 3.381}, {'end': 4281.965, 'text': 'what tools and techniques can I use when I do the scope management?', 'start': 4279.324, 'duration': 2.641}, {'end': 4286.546, 'text': "one is, of course, I use expert judgment as well as I'll do alternative analysis.", 'start': 4281.965, 'duration': 4.581}, {'end': 4289.567, 'text': 'so as a part of this training we actually cover,', 'start': 4286.546, 'duration': 3.021}, {'end': 4295.949, 'text': 'we take a deep dive and actually come up with examples in terms of how to do the alternative analysis.', 'start': 4289.567, 'duration': 6.382}], 'summary': 'Project management involves process groups, knowledge areas, and specific tools and techniques for each area.', 'duration': 103.528, 'max_score': 4192.421, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/DxRrG4pAdJ0/pics/DxRrG4pAdJ04192421.jpg'}, {'end': 4237.929, 'src': 'embed', 'start': 4215.243, 'weight': 0, 'content': [{'end': 4222.685, 'text': 'And these are the areas of project management where we basically learn about the different processes right?', 'start': 4215.243, 'duration': 7.442}, {'end': 4228.706, 'text': 'We understand the different inputs, outputs, tools, techniques from each of these knowledge areas.', 'start': 4222.945, 'duration': 5.761}, {'end': 4235.188, 'text': 'So, if you talk about any knowledge area, if you pick up, okay, so you would need to then understand what are some of the tools,', 'start': 4229.207, 'duration': 5.981}, {'end': 4237.929, 'text': 'techniques and the inputs and outputs.', 'start': 4235.188, 'duration': 2.741}], 'summary': 'Project management involves learning about different processes, inputs, outputs, tools, and techniques from various knowledge areas.', 'duration': 22.686, 'max_score': 4215.243, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/DxRrG4pAdJ0/pics/DxRrG4pAdJ04215243.jpg'}, {'end': 4711.76, 'src': 'embed', 'start': 4685.939, 'weight': 2, 'content': [{'end': 4692.464, 'text': "Now let's also quickly talk about the product lifecycle and try to understand what is project and the product lifecycle very quickly.", 'start': 4685.939, 'duration': 6.525}, {'end': 4698.87, 'text': 'Now understand one thing, the project lifecycle could be a multiple project lifecycle within the product lifecycle.', 'start': 4693.045, 'duration': 5.825}, {'end': 4704.134, 'text': 'So once you have a product, this is a product lifecycle, you can undertake multiple projects.', 'start': 4698.89, 'duration': 5.244}, {'end': 4711.76, 'text': 'But when you create a product for the first time, so you have one such project that you have undertaken to launch that product.', 'start': 4704.594, 'duration': 7.166}], 'summary': 'Product lifecycle includes multiple projects, with the first product launch requiring one project.', 'duration': 25.821, 'max_score': 4685.939, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/DxRrG4pAdJ0/pics/DxRrG4pAdJ04685939.jpg'}], 'start': 3977.934, 'title': 'Pmp certification and project lifecycle', 'summary': 'Covers the importance of pmbok guide and its structured components for pmp certification training, emphasizing the alignment and interlinking of process groups, knowledge areas, and processes. it also explains the concept of project lifecycle, project phases, project management process groups, knowledge areas, and the difference between project and product lifecycles, covering 10 knowledge areas with examples and emphasizing the importance of milestones and project governance.', 'chapters': [{'end': 4014.403, 'start': 3977.934, 'title': 'Pmp certification and pmbok guide overview', 'summary': 'Covers the importance of pmbok guide and its structured components for pmp certification training, emphasizing the alignment and interlinking of process groups, knowledge areas, and processes.', 'duration': 36.469, 'highlights': ['The chapter emphasizes the structured components of PMBOK guide and their significance for PMP certification training.', 'It highlights the importance of understanding the alignment and interlinking of process groups, knowledge areas, and processes for PMP certification preparation.']}, {'end': 4864.158, 'start': 4015.264, 'title': 'Project lifecycle and management', 'summary': 'Explains the concept of project lifecycle, project phases, project management process groups, knowledge areas, and the difference between project and product lifecycles, covering 10 knowledge areas with examples and emphasizing the importance of milestones and project governance.', 'duration': 848.894, 'highlights': ['The project lifecycle consists of phases such as feasibility analysis, design, and implementation, providing a framework for achieving milestones and establishing project governance. The project lifecycle includes phases like feasibility analysis, design, and implementation, which serve as a framework for achieving project milestones and establishing project governance.', 'Project management process groups, including initiating, planning, executing, monitoring and controlling, and closing, cut across all phases, and are essential for achieving specific project objectives. The project management process groups, including initiating, planning, executing, monitoring and controlling, and closing, are essential for achieving specific project objectives and cut across all project phases.', 'Understanding the 10 knowledge areas of project management, such as scope management, risk management, and stakeholder management, is crucial for learning about different processes, tools, techniques, inputs, and outputs. Understanding the 10 knowledge areas of project management, including scope management, risk management, and stakeholder management, is crucial for learning about different processes, tools, techniques, inputs, and outputs in project management.', 'Differentiating between project and product lifecycles, where the product lifecycle involves multiple projects within it, focusing on phases like introduction, growth, maturity, and decline, and the role of projects in enhancing the product throughout its lifecycle. Differentiating between project and product lifecycles, where the product lifecycle involves multiple projects within it and focuses on phases like introduction, growth, maturity, and decline, along with the role of projects in enhancing the product throughout its lifecycle.']}], 'duration': 886.224, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/DxRrG4pAdJ0/pics/DxRrG4pAdJ03977934.jpg', 'highlights': ['Understanding the 10 knowledge areas of project management is crucial for learning about different processes, tools, techniques, inputs, and outputs.', 'The project management process groups, including initiating, planning, executing, monitoring and controlling, and closing, are essential for achieving specific project objectives and cut across all project phases.', 'Differentiating between project and product lifecycles, where the product lifecycle involves multiple projects within it and focuses on phases like introduction, growth, maturity, and decline, along with the role of projects in enhancing the product throughout its lifecycle.', 'The project emphasizes the structured components of PMBOK guide and their significance for PMP certification training.', 'It highlights the importance of understanding the alignment and interlinking of process groups, knowledge areas, and processes for PMP certification preparation.']}], 'highlights': ['PMP certification leads to 15-20% higher salaries for certified professionals, giving them an edge over non-certified individuals.', 'The speaker holds both PMP and PMI-ACP certifications, with a focus on how the PMBOK guide sixth edition integrates agile concepts.', 'The importance of project management and the relationship between project, program, portfolio, and operations management are emphasized.', 'The speaker has 17 years of experience in various domains like FMCG, pharmaceuticals, banking, sales, and marketing.', 'The speaker will share practical experiences and how the PMP certification helped in applying knowledge and skills in risk management and scheduling.', 'The importance of Lean Six Sigma Black Belt certification in complementing PMP certification, with practical applications in Lean and Six Sigma projects.', 'The chapter discusses various project management certifications including CAPM, PMP, PMI-ACP, Scheduling Professional, Risk Management Professional, PGMP, and Portfolio Management Professional.', 'PMI established in 1969, with a global presence in over 171 countries and over five lakh members associated today.', 'The PMP examination is a four-hour test with 200 multiple choice questions, out of which 175 questions are considered for the final score, while 25 are pre-test questions.', 'Projects are initiated to fulfill regulatory requirements, satisfy customer requests, and implement or change business or technology.', 'Programs consist of multiple projects and portfolios consist of projects and programs aligned with organizational goals.', 'Understanding the 10 knowledge areas of project management is crucial for learning about different processes, tools, techniques, inputs, and outputs.', 'Differentiating between project and product lifecycles, where the product lifecycle involves multiple projects within it and focuses on phases like introduction, growth, maturity, and decline, along with the role of projects in enhancing the product throughout its lifecycle.']}