title
Project Management Full Course | Project Management Training | Edureka
description
๐ฅEdureka Project Management Program: https://www.edureka.co/masters-program/project-management-course
๐ฅEdureka PMPยฎ Certification Training (Use Code "๐๐๐๐๐๐๐๐๐"): https://www.edureka.co/pmp-certification-exam-training
This Edureka Project Management Certification Full Course video will help you understand and learn about the fundamentals of the PMPยฎ Certification Exam in detail. This full course is ideal for project management practitioners who want to advance their careers with PMPยฎ Certification.
00:00:00 Introduction
00:00:50 Agenda
00:05:32 Introduction to Project Management
00:28:31 History of Project Management
00:43:46 WHy Project Management
00:47:19 Who is a Project Manager
00:51:53 Project Management Tools
00:54:21 Project Management Life Cycle
01:00:32 PProject Management Principles
01:02:13 Performance Domains
01:02:47 PM Certifications
01:04:10 Phases of Project Management Life Cycle
01:22:58 Project Management Tools & Techniques
01:23:08 Project Management Methodologies
01:47:36 Agile Methodologies
02:04:06 Change Management
02:09:43 PRocess BAsed
02:16:16 Others
02:20:22 When To Use PM Methodologies
02:31:53 Top 10 Project Management Tools
02:43:22 Project Cost Management
03:00:30 Project Risk Management
03:17:24 Project Scope Management
03:26:17 SCope Management Process
03:29:05 Plan Scope Management
03:32:53 Collect Requirements
03:38:59 Define SCope
03:43:03 Create WBS
03:48:05 Validate Scope
03:52:03 Control SCope
03:54:23 Project Communication Management
03:59:20 Communication Management Process
04:14:37 Schedule Management Process
04:53:13 Project Integration Management
04:59:56 Integration Management Process
05:00:29 Devolop Project Charter
05:03:45 Develop Project Management Plan
05:06:43 Direct & Manage Project Work
05:11:08 Manage Project Knowledge
05:14:11 Monitor & Control Project Work
05:20:36 Close Project
05:22:54 Project Procurement Management
05:30:17 Procure Mangement Process
05:39:37 Project Resource Management
05:46:21 Resource Management Process
06:03:37 Project Quality Management
06:13:29 Quality Management Process
06:37:56 Project Stakeholder Management
06:43:34 Stakeholder Management process
06:57:36 How to Become a Project Manager
07:28:11 Roles & Resposibilities of a Project Manger
07:38:02 Project Management Certification
08:22:35 PMBOK 7 Tutorial
08:55:16 PMP Exam Preparations
09:21:59 PMP Interview Questions & Answers
09:22:07 PMP Easy Interview Questions
09:35:44 PMP Intermediate Interview Questions
09:47:02 Advanced PMP Interview Questions
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detail
{'title': 'Project Management Full Course | Project Management Training | Edureka', 'heatmap': [{'end': 3719.372, 'start': 2596.249, 'weight': 0.77}, {'end': 33456.029, 'start': 33080.879, 'weight': 1}, {'end': 37171, 'start': 36799.29, 'weight': 0.77}], 'summary': 'The full course on project management by edureka emphasizes the significance of project management, covers project lifecycle, tools, and certifications, provides insights into project management fundamentals, methodologies, techniques, and tools, discusses risk and scope management, communication, schedule management, project essentials, quality management, stakeholder dynamics, project manager skills, roles and certifications, pmbok 7th edition evolution, pmp certification, and exam preparation, making it a valuable resource for project managers and professionals.', 'chapters': [{'end': 317.289, 'segs': [{'end': 35.938, 'src': 'embed', 'start': 8.86, 'weight': 0, 'content': [{'end': 15.304, 'text': 'One of the most important reasons to use project management is to align projects with business strategy.', 'start': 8.86, 'duration': 6.444}, {'end': 20.988, 'text': 'As project managers oversee the planning and execution of a project,', 'start': 15.885, 'duration': 5.103}, {'end': 26.612, 'text': "they help ensure the project's overall goals and its subsequent tasks and milestones.", 'start': 20.988, 'duration': 5.624}, {'end': 29.233, 'text': 'all align with organizational strategy.', 'start': 26.612, 'duration': 2.621}, {'end': 35.938, 'text': "But for a project manager, sometimes it can get really hard to achieve and meet the organization's goals.", 'start': 29.774, 'duration': 6.164}], 'summary': 'Project management aligns projects with business strategy to meet organizational goals.', 'duration': 27.078, 'max_score': 8.86, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM8860.jpg'}, {'end': 131.817, 'src': 'embed', 'start': 103.044, 'weight': 1, 'content': [{'end': 113.276, 'text': "we'll learn about the most famous 10 project management tools and also we'll see how we can use each of them further in our full course.", 'start': 103.044, 'duration': 10.232}, {'end': 116.62, 'text': 'today we have project cost management.', 'start': 113.276, 'duration': 3.344}, {'end': 120.304, 'text': "here we'll have an overview of cost management.", 'start': 116.62, 'duration': 3.684}, {'end': 123.247, 'text': "we'll also see the processes of cost management.", 'start': 120.304, 'duration': 2.943}, {'end': 126.311, 'text': "Next we'll see project risk management.", 'start': 124.068, 'duration': 2.243}, {'end': 131.817, 'text': "Here as well, we'll see risk management overview and risk management processes.", 'start': 126.871, 'duration': 4.946}], 'summary': 'Overview of 10 project management tools, including cost and risk management processes.', 'duration': 28.773, 'max_score': 103.044, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM103044.jpg'}], 'start': 8.86, 'title': 'Importance of project management', 'summary': 'Emphasizes the significance of project management in aligning projects with business strategy and provides a comprehensive overview of the full project management course, encompassing project lifecycle, tools and techniques, and certifications.', 'chapters': [{'end': 317.289, 'start': 8.86, 'title': 'Importance of project management', 'summary': 'Emphasizes the importance of project management in aligning projects with business strategy and provides an overview of the comprehensive full course on project management, covering various aspects such as project lifecycle, tools and techniques, and certifications.', 'duration': 308.429, 'highlights': ['The chapter emphasizes the importance of project management in aligning projects with business strategy', 'Overview of the comprehensive full course on project management']}], 'duration': 308.429, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM8860.jpg', 'highlights': ['Emphasizes the significance of project management in aligning projects with business strategy', 'Overview of the comprehensive full course on project management']}, {'end': 1340.223, 'segs': [{'end': 405.536, 'src': 'embed', 'start': 380.944, 'weight': 3, 'content': [{'end': 387.226, 'text': 'going hunting, building pyramids and fixing faucets all share certain features that make them projects.', 'start': 380.944, 'duration': 6.282}, {'end': 392.808, 'text': 'There are many written definitions of a project all of them contain some key elements.', 'start': 387.846, 'duration': 4.962}, {'end': 396.51, 'text': 'For those looking for a formal definition of a project,', 'start': 393.288, 'duration': 3.222}, {'end': 405.536, 'text': 'the Project Management Institute defines a project as a temporary endeavor undertaken to create a unique product service or even a result.', 'start': 396.51, 'duration': 9.026}], 'summary': 'Projects like hunting, pyramids, and fixing faucets are temporary endeavors with unique goals.', 'duration': 24.592, 'max_score': 380.944, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM380944.jpg'}, {'end': 448.115, 'src': 'embed', 'start': 423.388, 'weight': 0, 'content': [{'end': 429.67, 'text': 'So a project also has distinctive attributes that really distinguish it from ongoing work or business operations.', 'start': 423.388, 'duration': 6.282}, {'end': 432.17, 'text': 'They are basically very temporary in nature.', 'start': 430.07, 'duration': 2.1}, {'end': 437.752, 'text': "They're not an everyday business process and definitely have a start date and end date.", 'start': 432.551, 'duration': 5.201}, {'end': 448.115, 'text': 'This characteristic is extremely important because a large part of the project effort is really dedicated to ensuring that project is completed at the appointed time.', 'start': 438.212, 'duration': 9.903}], 'summary': 'Projects are temporary, with distinct start and end dates, ensuring completion on time.', 'duration': 24.727, 'max_score': 423.388, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM423388.jpg'}, {'end': 787.623, 'src': 'embed', 'start': 763.594, 'weight': 1, 'content': [{'end': 770.06, 'text': "Now that we've discussed its characteristics with an example, let's move ahead and check out the project constraints.", 'start': 763.594, 'duration': 6.466}, {'end': 776.815, 'text': 'On any project, you will definitely have a number of project constraints that are competing for your attention.', 'start': 770.911, 'duration': 5.904}, {'end': 781.199, 'text': 'Some of them are cost, scope, quality, risk, resources and time.', 'start': 777.376, 'duration': 3.823}, {'end': 787.623, 'text': 'Cost is the budget approved for the project including all necessary expenses needed to deliver the project.', 'start': 781.759, 'duration': 5.864}], 'summary': 'Project constraints include cost, scope, quality, risk, resources, and time.', 'duration': 24.029, 'max_score': 763.594, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM763594.jpg'}, {'end': 1095.392, 'src': 'embed', 'start': 1069.72, 'weight': 4, 'content': [{'end': 1074.143, 'text': "I'm sure you must be aware that every industry has some set of standards and regulations, right?", 'start': 1069.72, 'duration': 4.423}, {'end': 1081.507, 'text': 'Knowing which ones really affect your project before you begin your work will not only help the project to unfold smoothly,', 'start': 1074.703, 'duration': 6.804}, {'end': 1085.289, 'text': 'but it will also give you an opportunity for effective risk analysis.', 'start': 1081.507, 'duration': 3.782}, {'end': 1090.57, 'text': 'Some projects require specific skills in certain application areas.', 'start': 1086.488, 'duration': 4.082}, {'end': 1095.392, 'text': 'Application areas are made up of categories of projects that have common elements.', 'start': 1091.09, 'duration': 4.302}], 'summary': 'Understanding industry standards and regulations is crucial for smooth project execution and effective risk analysis.', 'duration': 25.672, 'max_score': 1069.72, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM1069720.jpg'}, {'end': 1212.296, 'src': 'embed', 'start': 1186.337, 'weight': 2, 'content': [{'end': 1190.442, 'text': 'Now, obviously the many factors that really need to be understood within your project environment.', 'start': 1186.337, 'duration': 4.105}, {'end': 1197.026, 'text': 'At one level you need to think in terms of cultural and social environments that is people, demographics and education.', 'start': 1191.022, 'duration': 6.004}, {'end': 1204.091, 'text': 'The international and political environment is where you really need to understand about different countries, cultural influence etc.', 'start': 1197.526, 'duration': 6.565}, {'end': 1206.312, 'text': 'Then we move to the physical environment.', 'start': 1204.591, 'duration': 1.721}, {'end': 1207.733, 'text': 'Here we think about time zones.', 'start': 1206.372, 'duration': 1.361}, {'end': 1212.296, 'text': 'Think about different countries and how differently your project will be executed,', 'start': 1208.114, 'duration': 4.182}], 'summary': 'Understanding project environment, including cultural, social, and physical factors, is crucial for successful execution.', 'duration': 25.959, 'max_score': 1186.337, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM1186337.jpg'}], 'start': 317.289, 'title': 'Project management fundamentals', 'summary': 'Introduces projects, their characteristics, and differences from operations. it also covers project constraints, areas of expertise, and cultural considerations in project management, emphasizing the need for clear goals and stakeholder satisfaction.', 'chapters': [{'end': 624.156, 'start': 317.289, 'title': 'Introduction to projects', 'summary': 'Introduces the concept of projects, highlighting the temporary nature, unique characteristics, and the differences between projects and operations, emphasizing the need for clear goals and stakeholder satisfaction.', 'duration': 306.867, 'highlights': ['The hunting parties and building pyramids were considered as projects, indicating the early existence of projects in human activities.', 'The Project Management Institute defines a project as a temporary endeavor undertaken to create a unique product, service, or result.', 'Projects have a definite beginning and end, and they are not an everyday business process, but have a start and end date.', "Projects exist to bring about a product or service that hasn't existed before, making them extremely unique.", 'Operations are ongoing and repetitive, while projects are unique and temporary, with the purpose of meeting specific goals and concluding.']}, {'end': 1149.87, 'start': 624.657, 'title': 'Project constraints and expertise', 'summary': 'Discusses the criteria for determining a project, project constraints including cost, scope, quality, risk, resources, and time, and the must-have areas of expertise in a project team, with examples and explanations.', 'duration': 525.213, 'highlights': ['The project constraints are cost, scope, quality, risk, resources, and time, and they need to be carefully managed to ensure project success.', 'The triple constraint of time, cost, and scope needs to be balanced, and project managers must consider additional constraints while balancing the needs of stakeholders and project goals.', 'Must-have areas of expertise in a project team include understanding standards, regulations, and application areas specific to the industry, with examples provided for clarification.', 'The criteria for determining a project include uniqueness, limited time frame, clear completion criteria, and stakeholder satisfaction, which are essential for project identification.']}, {'end': 1340.223, 'start': 1150.39, 'title': 'Project management and cultural considerations', 'summary': 'Discusses the importance of staying abreast of current trends and having experience in the application area for project management, along with understanding the cultural, social, international and physical environments of a project, highlighting the impact of cultural differences on project success.', 'duration': 189.833, 'highlights': ['Understanding the cultural, social, international and physical environments of a project is crucial for success, as cultural differences can significantly impact the reception of products and services.', 'Having experience in the application area gives an advantage in project management, as it allows for a better understanding of specific aspects of the application areas of the project.', 'Staying abreast of current trends is essential to avoid falling behind in a fast-paced environment.', 'Cultural differences in communication style, formality, and values can significantly impact interactions with clients, customers, and project members from different countries.', 'Cultural blunders, such as misunderstanding date formats and protocol of conversation, can be avoided by capturing the project environment requirements and involving the customer.']}], 'duration': 1022.934, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM317289.jpg', 'highlights': ['Projects are unique, temporary endeavors with a definite beginning and end.', 'Project constraints include cost, scope, quality, risk, resources, and time.', 'Understanding cultural, social, international, and physical environments is crucial for project success.', 'Project Management Institute defines a project as a temporary endeavor to create a unique product, service, or result.', 'Must-have areas of expertise in a project team include understanding industry-specific standards and regulations.']}, {'end': 3060.663, 'segs': [{'end': 1368.379, 'src': 'embed', 'start': 1340.543, 'weight': 2, 'content': [{'end': 1346.448, 'text': 'Clearly when schedules and deadlines are being defined, it is most important that everyone is clear on the format used.', 'start': 1340.543, 'duration': 5.905}, {'end': 1359.795, 'text': 'Project managers in multicultural projects must appreciate the culture dimensions and try to learn relevant customs courtesies and business protocols before taking responsibility for managing an international project.', 'start': 1347.148, 'duration': 12.647}, {'end': 1368.379, 'text': "A project manager must take into consideration the various cultural influences and how they may affect the project's completion schedule,", 'start': 1360.235, 'duration': 8.144}], 'summary': 'Project managers must consider cultural dimensions in international projects to ensure clear communication and successful completion.', 'duration': 27.836, 'max_score': 1340.543, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM1340543.jpg'}, {'end': 1401.799, 'src': 'embed', 'start': 1376.944, 'weight': 0, 'content': [{'end': 1384.209, 'text': 'you also have to bring the ability into the project to manage personal relationships and deal with personal issues as they arise.', 'start': 1376.944, 'duration': 7.265}, {'end': 1387.151, 'text': 'Here we are talking about your interpersonal skills.', 'start': 1384.769, 'duration': 2.382}, {'end': 1391.594, 'text': 'Project managers spend 90% of their time communicating.', 'start': 1387.731, 'duration': 3.863}, {'end': 1395.737, 'text': 'So this is one of the most important interpersonal skills, communication.', 'start': 1391.694, 'duration': 4.043}, {'end': 1401.799, 'text': 'This is why they must be good communicators, promoting clear unambiguous exchange of information.', 'start': 1396.337, 'duration': 5.462}], 'summary': 'Project managers spend 90% of their time communicating, emphasizing the importance of strong interpersonal skills, notably communication.', 'duration': 24.855, 'max_score': 1376.944, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM1376944.jpg'}, {'end': 1728.937, 'src': 'embed', 'start': 1703.356, 'weight': 3, 'content': [{'end': 1708.32, 'text': "Start practicing now because it's guaranteed that you will need these skills on your next project.", 'start': 1703.356, 'duration': 4.964}, {'end': 1715.462, 'text': "Now, let's move ahead and discuss the history of project management in the history of project management.", 'start': 1709.335, 'duration': 6.127}, {'end': 1721.389, 'text': 'We can chart all the major developments and events in the discipline as far back as there are records.', 'start': 1715.883, 'duration': 5.506}, {'end': 1728.937, 'text': 'Although there have been some form of project management since early civilization project management in the modern sense began in the 1950s.', 'start': 1721.809, 'duration': 7.128}], 'summary': 'Project management skills are essential, with a history dating back to the 1950s.', 'duration': 25.581, 'max_score': 1703.356, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM1703356.jpg'}, {'end': 1873.37, 'src': 'embed', 'start': 1849.052, 'weight': 8, 'content': [{'end': 1854.855, 'text': 'Then in the 1957, the critical path method was invented by DuPont Corporation.', 'start': 1849.052, 'duration': 5.803}, {'end': 1863.721, 'text': 'CPM is a technique used to predict project duration by analyzing which sequence of activities has the least amount of scheduling flexibility.', 'start': 1855.456, 'duration': 8.265}, {'end': 1872.649, 'text': 'DuPont designed it to address the complex process of shutting down chemical plants for maintenance and then, with maintenance completed,', 'start': 1864.321, 'duration': 8.328}, {'end': 1873.37, 'text': 'restarting them.', 'start': 1872.649, 'duration': 0.721}], 'summary': 'The critical path method (cpm) was invented by dupont corporation in 1957 to predict project duration and optimize scheduling.', 'duration': 24.318, 'max_score': 1849.052, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM1849052.jpg'}, {'end': 2009.796, 'src': 'embed', 'start': 1982.121, 'weight': 7, 'content': [{'end': 1992.208, 'text': 'Since its birth in 1965, IPMA has grown and spread worldwide with over 120, 000 members in 2012.', 'start': 1982.121, 'duration': 10.087}, {'end': 1999.951, 'text': 'Moving on to 1969, the Project Management Institute that is PMI launched to promote the project management profession.', 'start': 1992.208, 'duration': 7.743}, {'end': 2009.796, 'text': 'Five volunteers founded PMI as a non-profit professional organization dedicated to advance the practice, science and profession of project management.', 'start': 2000.472, 'duration': 9.324}], 'summary': 'Ipma has 120,000+ members globally, pmi founded in 1969 to advance project management.', 'duration': 27.675, 'max_score': 1982.121, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM1982121.jpg'}, {'end': 2560.443, 'src': 'embed', 'start': 2532.216, 'weight': 4, 'content': [{'end': 2540.084, 'text': 'Overall the updated method aims to give project managers a better set of tools to deliver projects on time within budget and with right quality.', 'start': 2532.216, 'duration': 7.868}, {'end': 2543.688, 'text': 'In 2012 the ISO 21500 2012 guidance standard for project management was released.', 'start': 2540.745, 'duration': 2.943}, {'end': 2560.443, 'text': 'In September 2012, to be exact, the International Organization for Standardization published ISO 21-500-2012 Guidance on Project Management.', 'start': 2549.674, 'duration': 10.769}], 'summary': 'Updated method aims to improve project delivery with iso 21500 2012 guidance standard.', 'duration': 28.227, 'max_score': 2532.216, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM2532216.jpg'}, {'end': 2651.136, 'src': 'embed', 'start': 2606.138, 'weight': 5, 'content': [{'end': 2611.263, 'text': 'The seventh edition unlike the other editions will have different performance domains.', 'start': 2606.138, 'duration': 5.125}, {'end': 2619.25, 'text': 'It will have additional topics like models artifacts and it has many other new principles that have been incorporated into it.', 'start': 2611.543, 'duration': 7.707}, {'end': 2628.097, 'text': "Now that we know the history of project management Let's move on to the next part of the session and discuss why project management.", 'start': 2619.83, 'duration': 8.267}, {'end': 2634.522, 'text': 'Firstly, project management allows you to increase and work on collaboration.', 'start': 2629.258, 'duration': 5.264}, {'end': 2638.466, 'text': 'with clear roles, responsibilities and standardized templates.', 'start': 2634.522, 'duration': 3.944}, {'end': 2644.47, 'text': 'project management helps teams to form quickly and work very well together towards a particular goal.', 'start': 2638.466, 'duration': 6.004}, {'end': 2651.136, 'text': 'collaboration with other teams of business units becomes easier, as everyone is speaking the same language and using the same tool.', 'start': 2644.47, 'duration': 6.666}], 'summary': '7th edition introduces new performance domains and topics, enhancing collaboration and efficiency for project teams.', 'duration': 44.998, 'max_score': 2606.138, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM2606138.jpg'}, {'end': 3033.019, 'src': 'embed', 'start': 3008.169, 'weight': 1, 'content': [{'end': 3017.201, 'text': "According to PMI's 9th edition salary survey, the annual median US project manager salary was about $108, 000.", 'start': 3008.169, 'duration': 9.032}, {'end': 3023.291, 'text': "So here's a list of annual medium salaries by certification status and experience.", 'start': 3017.202, 'duration': 6.089}, {'end': 3033.019, 'text': 'As you can see, the project management professional will allow you to completely skill up, and the median salary is about $111, 000.', 'start': 3023.852, 'duration': 9.167}], 'summary': "Pmi's 9th edition survey reports $108,000 as median us project manager salary; pmp certification yields $111,000.", 'duration': 24.85, 'max_score': 3008.169, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM3008169.jpg'}], 'start': 1340.543, 'title': 'Project management evolution', 'summary': 'Discusses the evolution of project management, emphasizing cultural communication, essential skills, historical techniques, and standards. it highlights the need for adaptability, interpersonal skills, and effective communication, with project managers spending 90% of their time communicating. it also emphasizes essential project management skills and historical insights, outlines the historical development of techniques and the evolution of standards, and discusses the benefits and high salaries associated with project management professional certifications.', 'chapters': [{'end': 1482.147, 'start': 1340.543, 'title': 'Project management and cultural communication', 'summary': 'Emphasizes the importance of cultural dimensions in project management, highlighting the need for project managers to understand and adapt to various cultural influences, while also stressing the significance of interpersonal skills and effective communication, with project managers spending 90% of their time communicating.', 'duration': 141.604, 'highlights': ['Project managers spend 90% of their time communicating.', "The project communication management plan details how stakeholders' communication needs will be met.", 'Understanding and adapting to various cultural influences is important in project management.']}, {'end': 1848.292, 'start': 1482.147, 'title': 'Essential project management skills', 'summary': 'Emphasizes the importance of project management skills such as influence, leadership, motivation, negotiation, and problem solving, and provides historical insights into the development of project management from ancient civilization to modern times.', 'duration': 366.145, 'highlights': ['The chapter highlights the importance of project management skills such as influence, leadership, motivation, negotiation, and problem solving, which are essential for successful project execution.', "The historical insights into project management development from ancient civilizations to modern times provide a comprehensive understanding of the discipline's evolution, including the Great Pyramid of Giza, the Great Wall of China, the Gantt chart, and the American Association of Cost Engineers' pivotal contributions."]}, {'end': 2492.81, 'start': 1849.052, 'title': 'Evolution of project management techniques', 'summary': 'Outlines the historical development of project management techniques, including the invention of critical path method and program evaluation review technique, the founding of key project management associations, and the introduction of significant methodologies such as theory of constraints, scrum, prince2, and critical chain project management.', 'duration': 643.758, 'highlights': ["In 1957, the critical path method (CPM) was invented by DuPont Corporation, saving the corporation 1 million dollars in the first year of its implementation, followed by the development of the program evaluation review technique (PERT) in 1958 for the US Navy's Polaris project, and the mandate of the work breakdown structure approach by the United States Department of Defense in 1962 for the Polaris mobile submarine-launched ballistic missile project.", 'The founding of the International Project Management Association (IPMA) in 1965, with over 120,000 members by 2012, and the establishment of the Project Management Institute (PMI) in 1969, known for the publication of the guide to the project management body of knowledge (PMBOK) and offering project management certification levels, including certified associate in project management and project management professional (PMP).', 'The introduction of the Theory of Constraints in 1984, the naming of Scrum as a project management style in 1986, the publication of the PMBOK guide in 1987, the elevation of earned value management leadership to undersecretary of defense for acquisition in 1989, and the development of the PRINCE2 method in 1996, with an initial focus on information systems and information technology projects.', 'The invention of critical chain project management in 1997 and the recognition of PMBOK as a standard by the American National Standards Institute in 1998, along with the writing of the Agile Manifesto in 2001 and the release of the total cost management framework in 2006.']}, {'end': 3060.663, 'start': 2493.45, 'title': 'Evolution of project management', 'summary': 'Discusses the evolution of project management standards, such as pmbok and iso 21500, improvements in project management practices, the benefits of project management including increased collaboration, effective project planning, standardized ways of working, successful change management, better risk management, improved quality, leadership, and new organizational capabilities, the role and skills of a project manager, and the high salaries associated with project management professional certifications.', 'duration': 567.213, 'highlights': ['The ISO 21500 2012 guidance standard for project management was released in 2012, the result of five years work by experts from more than 50 countries, designed for use by any organization, and for any project, regardless of complexity, size, and duration.', 'The sixth edition of PMBOK guide was released in 2017, and the seventh edition, to be released in 2021, will have different performance domains and additional topics like models artifacts and new principles.', 'Project management professional certifications are associated with high salaries, with the annual median US project manager salary reported to be about $108,000, and a median salary of about $111,000 for PMP professionals.', 'The benefits of project management include increased collaboration, effective project planning, standardized ways of working, successful change management, better risk management, improved quality, leadership, and new organizational capabilities.', 'The fifth edition of PMBOK guide, published in December 2012, introduces a tenth knowledge area called project stakeholder management and includes four new planning processes.']}], 'duration': 1720.12, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM1340543.jpg', 'highlights': ['Project managers spend 90% of their time communicating.', 'Project management professional certifications are associated with high salaries.', 'Understanding and adapting to various cultural influences is important in project management.', "The historical insights into project management development provide a comprehensive understanding of the discipline's evolution.", 'The ISO 21500 2012 guidance standard for project management was released in 2012, designed for use by any organization, and for any project, regardless of complexity, size, and duration.', 'The benefits of project management include increased collaboration, effective project planning, standardized ways of working, successful change management, better risk management, improved quality, leadership, and new organizational capabilities.', 'The sixth edition of PMBOK guide was released in 2017, and the seventh edition, to be released in 2021, will have different performance domains and additional topics like models artifacts and new principles.', 'The founding of the International Project Management Association (IPMA) in 1965, with over 120,000 members by 2012, and the establishment of the Project Management Institute (PMI) in 1969, known for the publication of the guide to the project management body of knowledge (PMBOK) and offering project management certification levels, including certified associate in project management and project management professional (PMP).', "In 1957, the critical path method (CPM) was invented by DuPont Corporation, saving the corporation 1 million dollars in the first year of its implementation, followed by the development of the program evaluation review technique (PERT) in 1958 for the US Navy's Polaris project, and the mandate of the work breakdown structure approach by the United States Department of Defense in 1962 for the Polaris mobile submarine-launched ballistic missile project."]}, {'end': 5793.392, 'segs': [{'end': 3082.457, 'src': 'embed', 'start': 3060.663, 'weight': 0, 'content': [{'end': 3069.929, 'text': 'and finally, PMP professionals with over 20 years of experience can easily expect an median salary of $133, 000..', 'start': 3060.663, 'duration': 9.266}, {'end': 3073.453, 'text': "Now that we've also discussed the salary of a project manager.", 'start': 3069.93, 'duration': 3.523}, {'end': 3077.817, 'text': "Let's move on to the next part of the session and discuss project management tools.", 'start': 3073.813, 'duration': 4.004}, {'end': 3082.457, 'text': 'As you may have noticed, projects can be sometimes really complicated.', 'start': 3079.016, 'duration': 3.441}], 'summary': 'Pmp professionals with 20+ years experience can expect median salary of $133,000.', 'duration': 21.794, 'max_score': 3060.663, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM3060663.jpg'}, {'end': 3126.446, 'src': 'embed', 'start': 3103.925, 'weight': 1, 'content': [{'end': 3111.974, 'text': 'data and collaboration can happen in real time, which really provides a more accurate picture of the project and helps in decision-making.', 'start': 3103.925, 'duration': 8.049}, {'end': 3119.662, 'text': 'plus, project management software often contains many of the major tools for managing projects, like the ones that will be talking about.', 'start': 3111.974, 'duration': 7.688}, {'end': 3121.725, 'text': 'the first one is real-time dashboards.', 'start': 3119.662, 'duration': 2.063}, {'end': 3126.446, 'text': 'Now project dashboards gather metrics from all parts of the project.', 'start': 3122.225, 'duration': 4.221}], 'summary': 'Real-time collaboration enhances project accuracy and decision-making; project dashboards gather metrics from all project parts.', 'duration': 22.521, 'max_score': 3103.925, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM3103925.jpg'}, {'end': 3273.78, 'src': 'embed', 'start': 3249.514, 'weight': 2, 'content': [{'end': 3255.902, 'text': "Now that we've discussed some of the tools that a project manager could use to really get an insight of how well the project is doing.", 'start': 3249.514, 'duration': 6.388}, {'end': 3262.45, 'text': "Let's move ahead and talk about one important part of project management that is its life cycle.", 'start': 3256.202, 'duration': 6.248}, {'end': 3265.634, 'text': 'So there are three steps to this life cycle.', 'start': 3262.931, 'duration': 2.703}, {'end': 3267.195, 'text': 'The first one is initiation.', 'start': 3265.654, 'duration': 1.541}, {'end': 3271.398, 'text': 'The second one is planning third one is execution and the last one is closure.', 'start': 3267.255, 'duration': 4.143}, {'end': 3273.78, 'text': "We'll be talking about each of these in detail.", 'start': 3271.678, 'duration': 2.102}], 'summary': 'Project manager tools and project life cycle with 3 steps: initiation, planning, execution, and closure.', 'duration': 24.266, 'max_score': 3249.514, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM3249514.jpg'}, {'end': 3758.208, 'src': 'embed', 'start': 3712.368, 'weight': 3, 'content': [{'end': 3715.01, 'text': 'The 11th principle is Adaptability and Resilience.', 'start': 3712.368, 'duration': 2.642}, {'end': 3719.372, 'text': 'It is important for you to be adaptable and resilient throughout the project.', 'start': 3715.37, 'duration': 4.002}, {'end': 3721.994, 'text': 'The last principle is Change Management.', 'start': 3719.913, 'duration': 2.081}, {'end': 3727.537, 'text': 'You will have to enable change whenever it is required to achieve the envisioned future state.', 'start': 3722.394, 'duration': 5.143}, {'end': 3732.22, 'text': 'Now that we have discussed the 12 main principles in project management.', 'start': 3728.217, 'duration': 4.003}, {'end': 3737.023, 'text': "Let's move ahead and check out the performance domains in project management.", 'start': 3732.6, 'duration': 4.423}, {'end': 3739.665, 'text': 'The first performance domain is team.', 'start': 3737.604, 'duration': 2.061}, {'end': 3742.047, 'text': 'The second one is stakeholders.', 'start': 3740.126, 'duration': 1.921}, {'end': 3745.056, 'text': 'Third one is the project life cycle itself.', 'start': 3742.574, 'duration': 2.482}, {'end': 3747.278, 'text': 'The fourth one is planning.', 'start': 3745.577, 'duration': 1.701}, {'end': 3751.322, 'text': 'The fifth one is navigating uncertainty and ambiguity.', 'start': 3747.799, 'duration': 3.523}, {'end': 3753.344, 'text': 'The sixth one is delivery.', 'start': 3751.842, 'duration': 1.502}, {'end': 3755.526, 'text': 'The seventh one is performance.', 'start': 3753.824, 'duration': 1.702}, {'end': 3758.208, 'text': 'And the last one is project work.', 'start': 3756.306, 'duration': 1.902}], 'summary': 'Project management principles to enable change and performance domains in project management.', 'duration': 45.84, 'max_score': 3712.368, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM3712368.jpg'}, {'end': 3950.124, 'src': 'embed', 'start': 3928.476, 'weight': 6, 'content': [{'end': 3937.84, 'text': 'but when you manufacture same car daily basis in your manufacturing plant this becomes an operation because the uniqueness is gone now.', 'start': 3928.476, 'duration': 9.364}, {'end': 3941.201, 'text': "It's the same product which is getting manufactured everyday basis.", 'start': 3938.5, 'duration': 2.701}, {'end': 3947.123, 'text': 'So that is something which we call that as an operations now operations and project they go hand in hand.', 'start': 3942.001, 'duration': 5.122}, {'end': 3950.124, 'text': 'Sometimes we improve certain characteristics.', 'start': 3947.803, 'duration': 2.321}], 'summary': 'Manufacturing the same car daily creates operational routine, connecting operations and projects.', 'duration': 21.648, 'max_score': 3928.476, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM3928476.jpg'}, {'end': 4069.686, 'src': 'embed', 'start': 4040.694, 'weight': 5, 'content': [{'end': 4043.535, 'text': 'and you will figure out why that project is getting executed.', 'start': 4040.694, 'duration': 2.841}, {'end': 4053.012, 'text': 'So the benefits what project management brings us is basically timely completion better financial performance better quality.', 'start': 4044.324, 'duration': 8.688}, {'end': 4055.794, 'text': 'We have been able to control the scope changes.', 'start': 4053.772, 'duration': 2.022}, {'end': 4058.496, 'text': 'We can actually have a predictability.', 'start': 4056.635, 'duration': 1.861}, {'end': 4065.662, 'text': 'We can actually avoid rework and project overrun and we will be able to handle the risks amicably.', 'start': 4059.277, 'duration': 6.385}, {'end': 4069.686, 'text': 'These are certain advantages of managing the projects.', 'start': 4066.483, 'duration': 3.203}], 'summary': 'Project management brings timely completion, better financial performance, and quality, along with avoiding rework and project overrun.', 'duration': 28.992, 'max_score': 4040.694, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM4040694.jpg'}, {'end': 4533.604, 'src': 'embed', 'start': 4502.842, 'weight': 7, 'content': [{'end': 4504.224, 'text': 'So every phase gate,', 'start': 4502.842, 'duration': 1.382}, {'end': 4510.511, 'text': 'we have a choice to relook at whether things are getting delivered as they were desired or there is something to be done separately.', 'start': 4504.224, 'duration': 6.287}, {'end': 4517.058, 'text': 'So these are a few things what we would be paying more importance when we talk about of project management life cycles.', 'start': 4511.011, 'duration': 6.047}, {'end': 4519.777, 'text': 'When I talk about of initiating.', 'start': 4517.856, 'duration': 1.921}, {'end': 4521.918, 'text': 'we said initiating is the beginning.', 'start': 4519.777, 'duration': 2.141}, {'end': 4526.1, 'text': 'initiating is like when project is getting final and we are finding out various resources.', 'start': 4521.918, 'duration': 4.182}, {'end': 4528.561, 'text': 'We are finding out purpose of the project.', 'start': 4526.58, 'duration': 1.981}, {'end': 4530.502, 'text': 'Why are we getting into this project?', 'start': 4528.862, 'duration': 1.64}, {'end': 4533.604, 'text': "What's the benefit this can bring into our organization?", 'start': 4530.562, 'duration': 3.042}], 'summary': 'Project management life cycles include initiating, evaluating resources, and determining project purpose and benefits.', 'duration': 30.762, 'max_score': 4502.842, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM4502842.jpg'}, {'end': 4564.34, 'src': 'embed', 'start': 4537.126, 'weight': 8, 'content': [{'end': 4544.409, 'text': 'Wherein we do mainly two activities first is finding out the business justification and preparing a charter document,', 'start': 4537.126, 'duration': 7.283}, {'end': 4547.531, 'text': 'and the second is identifying who these stakeholders are.', 'start': 4544.409, 'duration': 3.122}, {'end': 4553.156, 'text': 'So these are few things which are done in the beginning itself for the initiating.', 'start': 4548.234, 'duration': 4.922}, {'end': 4559.719, 'text': 'when we talk about off planning, we try to get into the details of every planning mainly scope, time and cost.', 'start': 4553.156, 'duration': 6.563}, {'end': 4564.34, 'text': 'but this is a planning to be done for all the 10 knowledge areas.', 'start': 4559.719, 'duration': 4.621}], 'summary': 'Initiating activities involve business justification, charter document, and stakeholder identification. planning covers scope, time, and cost for 10 knowledge areas.', 'duration': 27.214, 'max_score': 4537.126, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM4537126.jpg'}, {'end': 5034.019, 'src': 'embed', 'start': 5009.693, 'weight': 9, 'content': [{'end': 5017.195, 'text': 'So under Six Sigma we have got DMAIC as project phases and we are going to talk about Six Sigma as one of the methodologies.', 'start': 5009.693, 'duration': 7.502}, {'end': 5028.438, 'text': "So we'll of course understand within that method what are the different practices that we have to follow when we take Six Sigma projects like Six Sigma Green Build or Black Build or Master Black Build.", 'start': 5017.575, 'duration': 10.863}, {'end': 5034.019, 'text': 'You actually apply Six Sigma methodology by undertaking various projects.', 'start': 5028.798, 'duration': 5.221}], 'summary': 'Six sigma methodology involves dmaic project phases and various project types like green belt or black belt, aiming to improve processes.', 'duration': 24.326, 'max_score': 5009.693, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM5009693.jpg'}, {'end': 5431.054, 'src': 'embed', 'start': 5404.823, 'weight': 10, 'content': [{'end': 5410.144, 'text': "we'll start with traditional ones, will cover about the PMI one, then we'll talk about agile methodologies,", 'start': 5404.823, 'duration': 5.321}, {'end': 5416.086, 'text': 'will move on to the change management methods and then process based methods like lean and Six Sigma,', 'start': 5410.144, 'duration': 5.942}, {'end': 5421.007, 'text': "and then we'll close it with covering prism and some of the other methods that we mentioned.", 'start': 5416.086, 'duration': 4.921}, {'end': 5424.947, 'text': "So let's get started with the first one which is the waterfall one.", 'start': 5421.443, 'duration': 3.504}, {'end': 5431.054, 'text': "I hope by now whatever we've covered you must have got a fair idea about what are we trying to do in this webinar.", 'start': 5425.287, 'duration': 5.767}], 'summary': 'Webinar covers traditional, pmi, agile, change management, lean, six sigma, and prism methods.', 'duration': 26.231, 'max_score': 5404.823, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM5404823.jpg'}, {'end': 5502.302, 'src': 'embed', 'start': 5467.167, 'weight': 11, 'content': [{'end': 5468.728, 'text': 'So starting with the waterfall one.', 'start': 5467.167, 'duration': 1.561}, {'end': 5473.234, 'text': "So as you know waterfall methodology was typically it's a phased approach.", 'start': 5469.008, 'duration': 4.226}, {'end': 5475.376, 'text': 'So, starting with requirements.', 'start': 5473.354, 'duration': 2.022}, {'end': 5479.199, 'text': "that's where we used to gather all the requirements upfront for the project.", 'start': 5475.376, 'duration': 3.823}, {'end': 5485.084, 'text': 'whichever the project that you are working on wish to spend good amount of time in gathering requirements, and we used to freeze the scope.', 'start': 5479.199, 'duration': 5.885}, {'end': 5491.729, 'text': "So there used to be a sign of process and once the scope is frozen, then obviously we can't really accept any more changes.", 'start': 5485.404, 'duration': 6.325}, {'end': 5494.617, 'text': 'And once we are sure about the scope of the project,', 'start': 5492.236, 'duration': 2.381}, {'end': 5502.302, 'text': 'then we used to start working on design related aspects and that design would include your low-level design, your high-level design again.', 'start': 5494.617, 'duration': 7.685}], 'summary': 'Waterfall methodology: phased approach, gathers requirements upfront, freezes scope.', 'duration': 35.135, 'max_score': 5467.167, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM5467167.jpg'}], 'start': 3060.663, 'title': 'Project management fundamentals', 'summary': 'Delves into project management tools, principles, and methodologies, covering real-time dashboards, gantt charts, task management tools, timesheets, workload tools, project management life cycle phases, 12 principles, and performance domains. it introduces project management fundamentals, emphasizing project vs operation, benefits, and the four life cycle phases. also, it discusses project management lifecycle stages, methodologies, including six sigma, traditional, agile, change management, lean, and six sigma, and their application in pharmaceutical, software development, and construction industries.', 'chapters': [{'end': 3825.364, 'start': 3060.663, 'title': 'Project management tools & principles', 'summary': 'Discusses project management tools, including real-time dashboards, gantt charts, task management tools, timesheets, and workload tools, and outlines the project management life cycle and its phases, along with 12 project management principles and performance domains. it also provides an overview of various project management certifications offered by pmi.', 'duration': 764.701, 'highlights': ['Project management professionals with over 20 years of experience can expect a median salary of $133,000.', 'Project management software, especially cloud-based, enables real-time data and collaboration, providing a more accurate project view and aiding decision-making.', 'Key project management tools discussed include real-time dashboards, online Gantt charts, task management tools, timesheets, and workload tools.', 'The project management life cycle consists of initiation, planning, execution, and closure phases, each with specific steps and objectives.', 'There are 12 project management principles, including stewardship, team, stakeholders, value, holistic thinking, leadership, tailoring, quality, complexity, opportunities and threats, adaptability and resilience, and change management.', 'The performance domains in project management cover team, stakeholders, project life cycle, planning, navigating uncertainty and ambiguity, delivery, performance, and project work.', 'PMI offers various certifications such as PMP, CAPM, PMI PBA, and PGMP, which are based on rigorous standards and research, ensuring readiness for global project management demands.']}, {'end': 4358.633, 'start': 3826.344, 'title': 'Introduction to project management', 'summary': 'Introduces the fundamentals of project management, emphasizing the difference between a project and operation, benefits of project management, and the four phases of the project management life cycle, including initiating, planning, executing, monitoring and control, and closing.', 'duration': 532.289, 'highlights': ['Project management brings timely completion, better financial performance, and better quality.', 'The difference between a project and operation is illustrated through examples, such as the creation of a prototype as a project and the daily manufacturing as an operation.', 'The project management life cycle is divided into four phases: initiating, planning, executing, monitoring and control, and closing.']}, {'end': 4963.494, 'start': 4358.633, 'title': 'Project management lifecycle overview', 'summary': 'Discusses the project management lifecycle stages in pharmaceutical, software development, and construction industries, emphasizing the importance of initiating, planning, executing, monitoring and controlling, and closing stages, along with the use of phase gates and their significance, as well as the activities and key processes involved in each stage.', 'duration': 604.861, 'highlights': ['The significance of phase gates as decision points in project management lifecycle stages, determining whether to proceed or terminate a phase based on deliverables and performance, and the importance of re-evaluating at each phase gate.', "The key activities involved in the initiating stage, such as identifying business justification, preparing a charter document, and identifying stakeholders to set the project's purpose and benefit for the organization.", "The planning process group's role in laying the foundation for project performance, appraisal, and team performance, including details on planning for various processes and customization needs.", 'The continuous nature of monitoring and controlling throughout the project, involving tracking progress, ensuring compliance with the project management plan, and initiating change requests when necessary.', 'The activities involved in the closing stage, including formal project closure, resource release, lesson documentation, archival of documents, payment schedules, formal sign-offs, and project reporting.']}, {'end': 5286.636, 'start': 4963.494, 'title': 'Understanding project management methodologies', 'summary': 'Covers the understanding of project management methodologies, including the definition of methodology, the application of six sigma, the practices, tools, techniques, and procedures involved, the benefits of project management methodologies, and the importance of work authorization, project planning, schedule planning, and financial planning.', 'duration': 323.142, 'highlights': ['Project management methodologies involve the understanding of various practices, techniques, procedures, and rules, such as Six Sigma with its project phases like DMAIC and the application of practices, tools, techniques, procedures, and rules in bigger projects.', 'Work authorization systems, an important aspect of project management, are facilitated by methodologies and tools like MS projects, workbench, and clarity, enabling a formal way of authorizing work and managing overall progress.', 'Project planning is emphasized as one of the most important phases, involving the use of tools to capture and monitor the plan, create work breakdown structure, sequence activities, create network diagrams, calculate total duration, and determine the schedule of the project.', 'Financial planning within project management methodologies involves effective budgeting and planning for releasing funds at different project milestones, ensuring comprehensive coverage of financial aspects.', 'The understanding of methodologies includes the importance of schedule planning, which is facilitated by methodologies and tools, enabling the proper sequencing of activities, creation of network diagrams, calculation of total duration, and determination of the project schedule.']}, {'end': 5793.392, 'start': 5286.636, 'title': 'Project management methodologies overview', 'summary': 'Covers an overview of various project management methodologies including traditional, agile, change management, and process-based methods like lean and six sigma, with a focus on the waterfall methodology, discussing its phased approach, advantages, disadvantages, and suitable project types.', 'duration': 506.756, 'highlights': ['The chapter covers an overview of various project management methodologies including traditional, agile, change management, and process-based methods like lean and Six Sigma.', 'The focus on the waterfall methodology, discussing its phased approach, advantages, disadvantages, and suitable project types.', 'Program Evaluation Review Technique (PERT) was first used in 1957 by the US Navy for the US submarine missile program, taking into consideration probabilities.']}], 'duration': 2732.729, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM3060663.jpg', 'highlights': ['Project management professionals with over 20 years of experience can expect a median salary of $133,000.', 'Project management software, especially cloud-based, enables real-time data and collaboration, providing a more accurate project view and aiding decision-making.', 'The project management life cycle consists of initiation, planning, execution, and closure phases, each with specific steps and objectives.', 'There are 12 project management principles, including stewardship, team, stakeholders, value, holistic thinking, leadership, tailoring, quality, complexity, opportunities and threats, adaptability and resilience, and change management.', 'The performance domains in project management cover team, stakeholders, project life cycle, planning, navigating uncertainty and ambiguity, delivery, performance, and project work.', 'Project management brings timely completion, better financial performance, and better quality.', 'The difference between a project and operation is illustrated through examples, such as the creation of a prototype as a project and the daily manufacturing as an operation.', 'The significance of phase gates as decision points in project management lifecycle stages, determining whether to proceed or terminate a phase based on deliverables and performance, and the importance of re-evaluating at each phase gate.', "The key activities involved in the initiating stage, such as identifying business justification, preparing a charter document, and identifying stakeholders to set the project's purpose and benefit for the organization.", 'Project management methodologies involve the understanding of various practices, techniques, procedures, and rules, such as Six Sigma with its project phases like DMAIC and the application of practices, tools, techniques, procedures, and rules in bigger projects.', 'The chapter covers an overview of various project management methodologies including traditional, agile, change management, and process-based methods like lean and Six Sigma.', 'The focus on the waterfall methodology, discussing its phased approach, advantages, disadvantages, and suitable project types.']}, {'end': 6898.425, 'segs': [{'end': 5854.539, 'src': 'embed', 'start': 5812.452, 'weight': 0, 'content': [{'end': 5830.126, 'text': 'We kind of arrange these activities in a particular flow and through this we actually visualize the end-to-end flow of the activities by using the port technique and we would then be able to also work on some of the activities concurrently and we would know that which activities have dependencies.', 'start': 5812.452, 'duration': 17.674}, {'end': 5833.729, 'text': 'So all that really was very very useful in input.', 'start': 5830.566, 'duration': 3.163}, {'end': 5835.59, 'text': 'to visualize it.', 'start': 5834.469, 'duration': 1.121}, {'end': 5837.951, 'text': 'so visualization always helps.', 'start': 5835.59, 'duration': 2.361}, {'end': 5844.094, 'text': 'we would also visualize the end of the project and come up with the total duration that is required to complete the project.', 'start': 5837.951, 'duration': 6.143}, {'end': 5850.097, 'text': 'so the formula that was used was what is the optimistic estimation for the project or the activity?', 'start': 5844.094, 'duration': 6.003}, {'end': 5854.539, 'text': 'four into most likely estimation plus the pessimistic estimation.', 'start': 5850.097, 'duration': 4.442}], 'summary': 'Activities are visualized using the pert technique to determine dependencies and project duration, with the formula 4*(most likely)+pessimistic.', 'duration': 42.087, 'max_score': 5812.452, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM5812452.jpg'}, {'end': 5890.333, 'src': 'embed', 'start': 5868.402, 'weight': 2, 'content': [{'end': 5877.167, 'text': 'So all the employees or the team members used to focus on their respective tasks so that they can complete those tasks within the given time and achieve the milestone.', 'start': 5868.402, 'duration': 8.765}, {'end': 5884.331, 'text': 'So this was definitely the technique where a lot of focus was there on achieving the end results within the given timeline.', 'start': 5877.367, 'duration': 6.964}, {'end': 5890.333, 'text': 'In terms of pros, as we just now discussed that this was certainly better activity analysis,', 'start': 5884.986, 'duration': 5.347}], 'summary': 'Team focused on completing tasks within given time to achieve milestones.', 'duration': 21.931, 'max_score': 5868.402, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM5868402.jpg'}, {'end': 6036.081, 'src': 'embed', 'start': 6007.91, 'weight': 3, 'content': [{'end': 6012.732, 'text': 'For example, if you are giving PMP exam, there could be questions around how to calculate critical path.', 'start': 6007.91, 'duration': 4.822}, {'end': 6021.317, 'text': "So we are going to discuss some of these examples of critical path, as well as the critical chain method, which we're going to talk very soon.", 'start': 6013.073, 'duration': 8.244}, {'end': 6026.799, 'text': 'but critical path methodology used to really be very helpful in identifying the bottlenecks,', 'start': 6021.317, 'duration': 5.482}, {'end': 6029.621, 'text': 'identifying the critical activities that are to be performed.', 'start': 6026.799, 'duration': 2.822}, {'end': 6036.081, 'text': 'as well as this, used to be very useful in taking decisions like project fast tracking and crashing.', 'start': 6030.177, 'duration': 5.904}], 'summary': 'Discussing critical path and its usefulness in project management decisions.', 'duration': 28.171, 'max_score': 6007.91, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM6007910.jpg'}, {'end': 6242.298, 'src': 'embed', 'start': 6215.695, 'weight': 4, 'content': [{'end': 6220.179, 'text': 'the focus was on end goal, because you start by keeping or by having end on mind.', 'start': 6215.695, 'duration': 4.484}, {'end': 6221.774, 'text': 'We used to remove bottlenecks.', 'start': 6220.834, 'duration': 0.94}, {'end': 6225.635, 'text': 'so this benefit was there in case of both CPM and the critical chain,', 'start': 6221.774, 'duration': 3.861}, {'end': 6232.416, 'text': 'because once you put the network diagram you would easily know what are the bottlenecks, dependencies, et cetera.', 'start': 6225.635, 'duration': 6.781}, {'end': 6238.617, 'text': 'and that used to certainly help in reducing variations, if any, because we could then easily address some of those dependencies.', 'start': 6232.416, 'duration': 6.201}, {'end': 6242.298, 'text': 'Cons, again, not suitable for multi-project environment.', 'start': 6239.057, 'duration': 3.241}], 'summary': 'Focus on end goal reduced variations, removed bottlenecks, but not suitable for multi-project environment.', 'duration': 26.603, 'max_score': 6215.695, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM6215695.jpg'}, {'end': 6359.148, 'src': 'embed', 'start': 6330.68, 'weight': 5, 'content': [{'end': 6339.686, 'text': 'So I would be able to apply the PIMBOK guide and be able to easily break down the project management into various phases and phases into activities,', 'start': 6330.68, 'duration': 9.006}, {'end': 6340.606, 'text': 'activities into task.', 'start': 6339.686, 'duration': 0.92}, {'end': 6343.168, 'text': "I'll be able to create the work breakdown structure Etc.", 'start': 6340.686, 'duration': 2.482}, {'end': 6346.27, 'text': "So those are the advantages because it's very nicely covered.", 'start': 6343.528, 'duration': 2.742}, {'end': 6350.252, 'text': "It's a comprehensive approach as I mentioned, it's pretty comprehensive.", 'start': 6346.69, 'duration': 3.562}, {'end': 6351.473, 'text': 'There are 49 processes.', 'start': 6350.572, 'duration': 0.901}, {'end': 6359.148, 'text': 'right, which will cover all the different knowledge areas, right from integration management to communication management, how to do human resource,', 'start': 6352.045, 'duration': 7.103}], 'summary': 'Applying the pimbok guide enables breaking down project management into phases, activities, and tasks with 49 processes covering all knowledge areas.', 'duration': 28.468, 'max_score': 6330.68, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM6330680.jpg'}, {'end': 6569.071, 'src': 'embed', 'start': 6545.603, 'weight': 6, 'content': [{'end': 6554.329, 'text': 'overall, the progress of the project stakeholder involvement is very high because we have got demos happening with the stakeholder within each iteration.', 'start': 6545.603, 'duration': 8.726}, {'end': 6562.755, 'text': "That means I'm engaging stakeholders on a periodic basis most important benefit of Agile is Agile delivers value early and on a continuous basis.", 'start': 6554.489, 'duration': 8.266}, {'end': 6569.071, 'text': 'So release of the product features would happen at the very early stage of the product life cycle.', 'start': 6563.256, 'duration': 5.815}], 'summary': 'High stakeholder involvement with demos in each iteration, leading to early product feature releases.', 'duration': 23.468, 'max_score': 6545.603, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM6545603.jpg'}, {'end': 6656.548, 'src': 'embed', 'start': 6628.029, 'weight': 8, 'content': [{'end': 6629.89, 'text': 'So a lot of things are done with respect to that.', 'start': 6628.029, 'duration': 1.861}, {'end': 6631.111, 'text': 'There are few cons as well.', 'start': 6630.15, 'duration': 0.961}, {'end': 6634.613, 'text': "It's very difficult effort assessment and project progress.", 'start': 6631.391, 'duration': 3.222}, {'end': 6641.577, 'text': "So sometimes what happens is that when we work in an agile way, it's very difficult to estimate when the project is going to end as such, you know,", 'start': 6634.833, 'duration': 6.744}, {'end': 6647.501, 'text': 'because we just go on working until we have got a requirements in the backlog product backlog, as we call it as.', 'start': 6641.577, 'duration': 5.924}, {'end': 6650.683, 'text': 'and overall design or overall architecture.', 'start': 6648.281, 'duration': 2.402}, {'end': 6653.305, 'text': 'We never defined a front so it keeps evolving.', 'start': 6650.723, 'duration': 2.582}, {'end': 6656.548, 'text': 'So at times, you know, people find it difficult in the beginning,', 'start': 6653.325, 'duration': 3.223}], 'summary': 'Challenges in agile projects include difficulty in effort assessment and project progress, leading to evolving requirements and architecture.', 'duration': 28.519, 'max_score': 6628.029, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM6628029.jpg'}, {'end': 6769.299, 'src': 'embed', 'start': 6742.466, 'weight': 7, 'content': [{'end': 6747.289, 'text': 'There are so many opportunities that are there as a part of the scrum framework to inspect and adapt.', 'start': 6742.466, 'duration': 4.823}, {'end': 6749.991, 'text': 'So this is one of the example of a methodology.', 'start': 6747.75, 'duration': 2.241}, {'end': 6752.653, 'text': 'There are certain benefits certainly of using scrum.', 'start': 6750.091, 'duration': 2.562}, {'end': 6755.555, 'text': 'So first is of course product quality would be better.', 'start': 6752.973, 'duration': 2.582}, {'end': 6759.317, 'text': 'The reason is that what we built is what customer is looking for.', 'start': 6755.775, 'duration': 3.542}, {'end': 6763.14, 'text': "It's like you are engaging customer almost on a daily basis.", 'start': 6759.697, 'duration': 3.443}, {'end': 6765.341, 'text': 'So there is a daily interaction that happens with customer.', 'start': 6763.16, 'duration': 2.181}, {'end': 6769.299, 'text': 'Quick product religious are possible again during the early stage.', 'start': 6765.916, 'duration': 3.383}], 'summary': 'Scrum framework offers benefits such as improved product quality and daily customer interaction.', 'duration': 26.833, 'max_score': 6742.466, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM6742466.jpg'}], 'start': 5793.392, 'title': 'Project management techniques and methodologies', 'summary': 'Covers project estimation using pert technique, critical path methodology, and agile and scrum methodologies, emphasizing pros and cons, pmbok guide, 49 processes, 10 knowledge areas, iterative and incremental development, customer engagement, transparency, adaptation, and inspection.', 'chapters': [{'end': 5966.365, 'start': 5793.392, 'title': 'Project estimation and visualization', 'summary': 'Discusses how to estimate project duration using the pert technique, visualize the flow of activities, calculate project duration using a formula, and emphasizes on achieving milestones and collaboration, with a focus on pros and cons of the method.', 'duration': 172.973, 'highlights': ['The PERT technique involves considering worst, best, and most likely scenarios to estimate project duration, activity duration, and task duration, aiding in visualizing end-to-end flow of activities and working on concurrent activities.', 'The formula used for estimating project or activity duration is optimistic estimation * 4 + most likely estimation + pessimistic estimation, divided by 6, emphasizing on achieving milestones and team member focus on their respective tasks.', 'The method emphasizes on achieving milestones, effective coordination among team members from various departments, and identifying risks through what-if analysis, while also involving subjective analysis and being resource intensive.']}, {'end': 6429.891, 'start': 5966.385, 'title': 'Critical path and pmbok guide', 'summary': 'Introduces the critical path methodology and critical chain project management, highlighting their pros and cons, as well as the pmbok guide with its 49 processes and 10 knowledge areas.', 'duration': 463.506, 'highlights': ['The critical path methodology is useful for identifying bottlenecks, critical activities, and project scheduling, allowing for prioritization and resource allocation.', 'The critical chain project management focuses on resource efficiency, end goals, bottleneck removal, and reducing variations but is not suitable for multi-project environments.', 'The PMBOK guide provides a comprehensive approach to project management, breaking down projects into phases, activities, and tasks, and is suitable for iterative development environments.']}, {'end': 6898.425, 'start': 6429.891, 'title': 'Agile and scrum in software development', 'summary': 'Discusses the benefits of agile and scrum methodologies, emphasizing the iterative and incremental development process, customer engagement, and early delivery of value, with a focus on transparency, adaptation, and inspection, while also highlighting the challenges of effort assessment and project progress.', 'duration': 468.534, 'highlights': ['Agile delivers value early and on a continuous basis, ensuring customer engagement and stakeholder involvement with demos within each iteration.', 'Scrum framework emphasizes transparency, adaptation, and inspection, enabling continuous feedback and better product quality through daily customer interaction.', 'Challenges in Agile include difficulty in effort assessment, project progress, and the need for experienced teams and proper governance for large and complex projects.']}], 'duration': 1105.033, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM5793392.jpg', 'highlights': ['The PERT technique aids in visualizing end-to-end flow of activities and working on concurrent activities.', 'The formula for estimating project or activity duration emphasizes achieving milestones and team member focus on their respective tasks.', 'The method emphasizes achieving milestones, effective coordination among team members, and identifying risks through what-if analysis.', 'The critical path methodology is useful for identifying bottlenecks, critical activities, and project scheduling.', 'The critical chain project management focuses on resource efficiency, end goals, bottleneck removal, and reducing variations.', 'The PMBOK guide provides a comprehensive approach to project management, breaking down projects into phases, activities, and tasks.', 'Agile delivers value early and on a continuous basis, ensuring customer engagement and stakeholder involvement with demos within each iteration.', 'Scrum framework emphasizes transparency, adaptation, and inspection, enabling continuous feedback and better product quality through daily customer interaction.', 'Challenges in Agile include difficulty in effort assessment, project progress, and the need for experienced teams and proper governance for large and complex projects.']}, {'end': 7683.388, 'segs': [{'end': 6987.209, 'src': 'embed', 'start': 6959.743, 'weight': 2, 'content': [{'end': 6963.294, 'text': "maybe what's going to be under approval and what is completely done.", 'start': 6959.743, 'duration': 3.551}, {'end': 6971.857, 'text': 'So you will find these kind of a swim lanes as a part of the Kanban board and then we decide the WIP which is called as work in progress limits.', 'start': 6963.754, 'duration': 8.103}, {'end': 6974.918, 'text': 'So each swim lane will have the WIP limits.', 'start': 6972.137, 'duration': 2.781}, {'end': 6979.4, 'text': 'For example, there will not be more than two item in progress at any given point in time.', 'start': 6975.358, 'duration': 4.042}, {'end': 6983.306, 'text': 'because you have only three people working or two people working in your team.', 'start': 6979.844, 'duration': 3.462}, {'end': 6987.209, 'text': "So that's the WIP limit that you have decided to put.", 'start': 6983.747, 'duration': 3.462}], 'summary': 'Kanban board includes swim lanes with wip limits, e.g. max 2 items in progress due to 2-3 team members.', 'duration': 27.466, 'max_score': 6959.743, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM6959743.jpg'}, {'end': 7023.728, 'src': 'embed', 'start': 6998.517, 'weight': 0, 'content': [{'end': 7005.142, 'text': 'We also use metrics like, as I mentioned, the cycle time and we baseline that and we see how we can reduce that.', 'start': 6998.517, 'duration': 6.625}, {'end': 7009.532, 'text': 'So Kanban is definitely a very, very popular methodology these days.', 'start': 7005.629, 'duration': 3.903}, {'end': 7017.98, 'text': "within agile, sometimes crumb and Kanban is combined together and we call it as crumb on, and even it's used along with the scrum as well.", 'start': 7009.532, 'duration': 8.448}, {'end': 7023.728, 'text': 'There are some benefits like actually helps in optimizing the inventory as well as output.', 'start': 7018.32, 'duration': 5.408}], 'summary': 'Using metrics like cycle time, kanban optimizes inventory and output.', 'duration': 25.211, 'max_score': 6998.517, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM6998517.jpg'}, {'end': 7196.026, 'src': 'embed', 'start': 7167.929, 'weight': 4, 'content': [{'end': 7174.979, 'text': 'if you apply extreme programming practices, it certainly helps in bringing and enhancing better quality of product.', 'start': 7167.929, 'duration': 7.05}, {'end': 7182.322, 'text': 'So, therefore, I have seen a lot of teams using the extreme programming practices as well, because focus is very, very high on quality software,', 'start': 7174.999, 'duration': 7.323}, {'end': 7183.882, 'text': "as it's mentioned there as well.", 'start': 7182.322, 'duration': 1.56}, {'end': 7188.944, 'text': 'Typically the sprint durations or iteration duration in extreme programming is small.', 'start': 7184.462, 'duration': 4.482}, {'end': 7196.026, 'text': 'It is like one week iteration, or at the most two weeks, not beyond two weeks, typically in extreme programming and same thing.', 'start': 7189.384, 'duration': 6.642}], 'summary': 'Extreme programming enhances product quality, with sprint durations typically one to two weeks.', 'duration': 28.097, 'max_score': 7167.929, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM7167929.jpg'}, {'end': 7338.072, 'src': 'embed', 'start': 7313.992, 'weight': 3, 'content': [{'end': 7322.68, 'text': 'And this adaptive project framework, as you see here, is again such a framework wherein the focus is on getting continuous feedbacks.', 'start': 7313.992, 'duration': 8.688}, {'end': 7327.204, 'text': 'So you do planning, you execute your plan, you get the feedback.', 'start': 7323.28, 'duration': 3.924}, {'end': 7332.028, 'text': "so that's where you evaluate and learn, and then you adjust your plan and again you start executing.", 'start': 7327.204, 'duration': 4.824}, {'end': 7338.072, 'text': "So it's again intensive development wherein the focus is on getting early feedbacks,", 'start': 7332.449, 'duration': 5.623}], 'summary': 'Adaptive project framework focuses on continuous feedback for intensive development.', 'duration': 24.08, 'max_score': 7313.992, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM7313992.jpg'}], 'start': 6898.866, 'title': 'Kanban and software development methodologies', 'summary': 'Provides an overview of kanban methodology, including its origins, application, visualization, metrics, and benefits. it also discusses software development methodologies, highlighting extreme programming and adaptive project framework, and their focus on continuous feedback loops and early market launch.', 'chapters': [{'end': 7107.248, 'start': 6898.866, 'title': 'Kanban methodology overview', 'summary': 'Explains the kanban methodology, its origins from the toyota production system, its application in both manufacturing and service industries, the use of kanban board for visualization and flow management, work in progress limits, metrics like cycle time and lead time, its combination with scrum, benefits such as optimization of inventory and output, waste reduction, increased flexibility and productivity, cost reduction, improved customer responsiveness, and its limitations in shared resource situations and variability management.', 'duration': 208.382, 'highlights': ['Kanban evolved from the Toyota production system (TPS) and is popular in both manufacturing and service industries, with a focus on visualization of flow and process management.', 'The Kanban board is used to visualize daily tasks, work in progress items, items ready for deployment, items under approval, and completed items, and also includes swim lanes with work in progress limits.', 'Metrics like cycle time, lead time, and cumulative flow diagram are used to measure performance and facilitate continuous improvement within the Kanban methodology.', "Kanban is often combined with Scrum, known as 'Scrumban', and is used to optimize inventory and output, reduce waste, increase flexibility, productivity, and responsiveness, and overall cost reduction.", 'The limitations of Kanban include its effectiveness in shared resource situations and the need for additional methods like Six Sigma to manage variability in the process.']}, {'end': 7683.388, 'start': 7107.248, 'title': 'Software development methodologies', 'summary': 'Covers extreme programming and adaptive project framework methodologies, emphasizing their intensive development, focus on engineering practices, and the benefits of continuous feedback loops and early market launch, with a mention of change management methods like event change management and extreme project management.', 'duration': 576.14, 'highlights': ['Extreme Programming focuses on engineering practices and uses intense development with small iteration durations typically one to two weeks, emphasizing continuous feedback loops and delivering working software, leading to time and cost savings and increased code simplicity through collective code ownership.', 'Adaptive Project Framework follows the PDCA cycle, focuses on continuous feedback, and early market launch, allowing for adaptation to changing environments and requirements, increasing customer satisfaction, and encouraging change to improve product quality.', 'Event Change Management identifies event chains affecting project outcomes and uses techniques like Monte Carlo analysis for risk identification and management, providing event-based resource allocation, risk mitigation, visualization of chain of events, and quantitative analysis models, while potentially leading to task repetitions and loss of opportunities.', 'Extreme Project Management enables continuous feedback and intense development in uncertain environments, allowing for open and elastic approaches to address uncertainties related to requirements and technology, while potentially leading to task repetitions and loss of opportunities.']}], 'duration': 784.522, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM6898866.jpg', 'highlights': ["Kanban is often combined with Scrum, known as 'Scrumban', and is used to optimize inventory and output, reduce waste, increase flexibility, productivity, and responsiveness, and overall cost reduction.", 'Metrics like cycle time, lead time, and cumulative flow diagram are used to measure performance and facilitate continuous improvement within the Kanban methodology.', 'The Kanban board is used to visualize daily tasks, work in progress items, items ready for deployment, items under approval, and completed items, and also includes swim lanes with work in progress limits.', 'Adaptive Project Framework follows the PDCA cycle, focuses on continuous feedback, and early market launch, allowing for adaptation to changing environments and requirements, increasing customer satisfaction, and encouraging change to improve product quality.', 'Extreme Programming focuses on engineering practices and uses intense development with small iteration durations typically one to two weeks, emphasizing continuous feedback loops and delivering working software, leading to time and cost savings and increased code simplicity through collective code ownership.']}, {'end': 9083.671, 'segs': [{'end': 7732.213, 'src': 'embed', 'start': 7705.788, 'weight': 0, 'content': [{'end': 7709.709, 'text': 'And most importantly, all these things happen in a very, very short durations.', 'start': 7705.788, 'duration': 3.921}, {'end': 7717.53, 'text': 'and that actually helps in executing the activities quickly and getting the continuous feedbacks and improving upon them,', 'start': 7710.422, 'duration': 7.108}, {'end': 7719.713, 'text': 'and take care of those uncertainties effectively.', 'start': 7717.53, 'duration': 2.183}, {'end': 7727.611, 'text': "So extreme project management would certainly be able to speed up the work and, because it's a trial and error approach,", 'start': 7720.467, 'duration': 7.144}, {'end': 7729.551, 'text': 'because we do a lot of experimentation here.', 'start': 7727.611, 'duration': 1.94}, {'end': 7731.132, 'text': 'We do a lot of trials here.', 'start': 7729.652, 'duration': 1.48}, {'end': 7732.213, 'text': 'We learn a lot.', 'start': 7731.292, 'duration': 0.921}], 'summary': 'Extreme project management enables quick execution, continuous feedback, and effective handling of uncertainties through trial and error approach.', 'duration': 26.425, 'max_score': 7705.788, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM7705788.jpg'}, {'end': 7894.251, 'src': 'embed', 'start': 7866.629, 'weight': 1, 'content': [{'end': 7874.914, 'text': 'So hence lean certainly helps in reducing cost improving the productivity and a lot of focus is there on the outcome that we are producing.', 'start': 7866.629, 'duration': 8.285}, {'end': 7883.328, 'text': 'So with lean approach there is certainly a greater control over project, because a lot of focus is there on only value-added tasks,', 'start': 7875.646, 'duration': 7.682}, {'end': 7885.829, 'text': 'because we create something called as value stream map.', 'start': 7883.328, 'duration': 2.501}, {'end': 7894.251, 'text': "So entire flow of value delivery is what is plotted and it's visualized so that we can focus on only value-added tasks.", 'start': 7886.209, 'duration': 8.042}], 'summary': 'Lean approach reduces cost, improves productivity, and emphasizes value-added tasks for greater project control.', 'duration': 27.622, 'max_score': 7866.629, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM7866629.jpg'}, {'end': 7989.488, 'src': 'embed', 'start': 7963.632, 'weight': 2, 'content': [{'end': 7972.116, 'text': 'We basically identify a problems and we try to solve that problem by applying the various statistical tools and we measure that problem.', 'start': 7963.632, 'duration': 8.484}, {'end': 7976.378, 'text': 'So as you can see here, there is a method under Six Sigma that we follow.', 'start': 7972.636, 'duration': 3.742}, {'end': 7978.219, 'text': "It's called as DMPIC.", 'start': 7976.398, 'duration': 1.821}, {'end': 7982.26, 'text': 'So we have got define, measure, analyze, improve and control.', 'start': 7978.299, 'duration': 3.961}, {'end': 7983.681, 'text': 'So we define a problem.', 'start': 7982.661, 'duration': 1.02}, {'end': 7989.488, 'text': 'So, for example, the problem is to reduce the average call handling time by 10%.', 'start': 7983.821, 'duration': 5.667}], 'summary': "Using six sigma's dmpic method to reduce call handling time by 10%.", 'duration': 25.856, 'max_score': 7963.632, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM7963632.jpg'}, {'end': 8201.07, 'src': 'embed', 'start': 8169.75, 'weight': 3, 'content': [{'end': 8172.051, 'text': "So like we've saw PMBOK similarly.", 'start': 8169.75, 'duration': 2.301}, {'end': 8173.111, 'text': 'We have got Prince 2.', 'start': 8172.071, 'duration': 1.04}, {'end': 8180.572, 'text': 'So again, Prince 2 is something which is effective way or the guidance to manage the project,', 'start': 8173.111, 'duration': 7.461}, {'end': 8184.513, 'text': 'and Prince 2 again stands for the project in control environment.', 'start': 8180.572, 'duration': 3.941}, {'end': 8187.394, 'text': 'So you perform project in a controlled environment,', 'start': 8184.793, 'duration': 2.601}, {'end': 8192.735, 'text': 'as a result of which you will be able to break down the projects into most easily manageable components.', 'start': 8187.394, 'duration': 5.341}, {'end': 8201.07, 'text': 'and phases and that actually helps in effectively manage the projects in a controlled environment and like as we have a pin box.', 'start': 8193.245, 'duration': 7.825}], 'summary': 'Prince 2 provides effective guidance for managing projects in a controlled environment, breaking them down into manageable components and phases.', 'duration': 31.32, 'max_score': 8169.75, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM8169750.jpg'}, {'end': 8606.567, 'src': 'embed', 'start': 8574.167, 'weight': 4, 'content': [{'end': 8579.629, 'text': 'Now you must have a question how to choose a right methodology because we have so many of them.', 'start': 8574.167, 'duration': 5.462}, {'end': 8584.531, 'text': "So let's take a look at some of the ways through which we can choose a right methodology.", 'start': 8580.049, 'duration': 4.482}, {'end': 8587.492, 'text': 'So first is of course evaluate your project.', 'start': 8584.871, 'duration': 2.621}, {'end': 8596.555, 'text': "So starting with the first one, which is evaluate your project then your team your organization the tools that you're using and lastly stakeholders.", 'start': 8587.852, 'duration': 8.703}, {'end': 8606.567, 'text': 'So while choosing the methodology you need to take into consider lot of other aspects like project team organization tools and stakeholders.', 'start': 8597.135, 'duration': 9.432}], 'summary': 'To choose the right methodology, evaluate project, team, organization, tools, and stakeholders.', 'duration': 32.4, 'max_score': 8574.167, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM8574167.jpg'}], 'start': 7683.448, 'title': 'Various project management methodologies', 'summary': 'Covers extreme project management, lean methodologies, six sigma, lean six sigma, prince2, and prism. it emphasizes their benefits, challenges, and factors for choosing the right methodology for projects.', 'chapters': [{'end': 7947.147, 'start': 7683.448, 'title': 'Extreme project management and lean methodologies', 'summary': 'Discusses extreme project management, emphasizing its ability to speed up work, manage uncertainties effectively, and its trial and error approach. it also covers lean methodologies, focusing on identifying and eliminating waste, continuous learning, reducing cost, and improving productivity.', 'duration': 263.699, 'highlights': ['Extreme project management focuses on speeding up work and managing uncertainties effectively through trial and error approach and continuous feedback, allowing for quick execution of activities.', 'Lean methodologies aim at identifying and eliminating waste, reducing cost, and improving productivity through continuous learning, greater control over projects, and focus on value-added tasks.', 'Lean methodology includes principles like deciding as late as possible, amplifying learning, and focusing on continuous quality improvement, leading to a greater control over projects and early defect identification.']}, {'end': 8146.159, 'start': 7947.647, 'title': 'Six sigma and lean six sigma methodologies', 'summary': 'Discusses the six sigma and lean six sigma methodologies, emphasizing the dmaic process, benefits such as improved customer loyalty and efficiency gains, and potential challenges such as the need for experienced personnel and sustainability risks.', 'duration': 198.512, 'highlights': ['The DMAIC process involves defining a problem, measuring the current state, analyzing data to identify root causes, implementing solutions for improvement, and controlling the results.', 'Improvement projects under Six Sigma can lead to benefits such as improved customer loyalty, reduced cycle time, efficiency gains, and strategic planning.', 'Challenges of Six Sigma include the need for experienced personnel such as master black belts, black belts, and green belts, and real-time barriers and political aspects during improvement projects.', 'Lean Six Sigma combines statistical and waste-elimination approaches to enhance productivity, decrease costs, and increase effectiveness.', 'Applying Lean Six Sigma can result in increased profit, better efficiency, and decreased costs.', 'Challenges of Lean Six Sigma include undefined strategy and sustainability risks, making it difficult to ensure long-term effectiveness.']}, {'end': 8489.525, 'start': 8146.319, 'title': 'Project management methodologies overview', 'summary': 'Covers the overview of project management methodologies including lean six sigma, prince2, and prism. prince2 is a structured approach with 44 processes and is popular in the uk, focusing on business case-driven, quality, risk identification, and change control. prism is used for sustainable projects with a focus on environmental and social impact, providing a set methodology for efficiency and effectiveness.', 'duration': 343.206, 'highlights': ['PRINCE2 is a structured approach with 44 processes and is popular in the UK, focusing on business case-driven, quality, risk identification, and change control.', 'PRISM is used for sustainable projects with a focus on environmental and social impact, providing a set methodology for efficiency and effectiveness.', 'Lean Six Sigma is introduced as part of re-engineering programs to improve existing processes.']}, {'end': 9083.671, 'start': 8489.525, 'title': 'Choosing the right methodology for projects', 'summary': 'Discusses the importance of choosing the right methodology based on project evaluation, team capabilities, organization culture, tools limitations, and stakeholder involvement, with emphasis on factors such as risk, uncertainty, project size and complexity, team experience, organization culture, and stakeholder requirements.', 'duration': 594.146, 'highlights': ['The chapter emphasizes the importance of choosing the right methodology based on project evaluation, team capabilities, organization culture, tools limitations, and stakeholder involvement.', 'The chapter discusses the impact of risk and uncertainty on project methodology, emphasizing the need for structured approaches to address high risk and uncertainty factors.', 'The chapter emphasizes the influence of project size and complexity on the choice of methodology, considering factors such as financial budgets, timelines, project type, industry stakeholders expectations, and past records and experience.', 'The chapter highlights the importance of team capabilities and experience in choosing the right methodology, mentioning factors such as team experience, training, self-organization capabilities, team preparedness, and geographic location of the team.', 'The chapter emphasizes the significance of organization culture and tools limitations in selecting the appropriate methodology, considering factors such as organizational hierarchy, flexibility, available resources, industry, and limitations of tools being used.']}], 'duration': 1400.223, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM7683448.jpg', 'highlights': ['Extreme project management focuses on speeding up work and managing uncertainties effectively through trial and error approach and continuous feedback, allowing for quick execution of activities.', 'Lean methodologies aim at identifying and eliminating waste, reducing cost, and improving productivity through continuous learning, greater control over projects, and focus on value-added tasks.', 'The DMAIC process involves defining a problem, measuring the current state, analyzing data to identify root causes, implementing solutions for improvement, and controlling the results.', 'PRINCE2 is a structured approach with 44 processes and is popular in the UK, focusing on business case-driven, quality, risk identification, and change control.', 'The chapter emphasizes the importance of choosing the right methodology based on project evaluation, team capabilities, organization culture, tools limitations, and stakeholder involvement.']}, {'end': 11477.292, 'segs': [{'end': 9241.191, 'src': 'embed', 'start': 9209.914, 'weight': 0, 'content': [{'end': 9212.457, 'text': "If you're wondering about the pricing of this product, don't worry.", 'start': 9209.914, 'duration': 2.543}, {'end': 9214.319, 'text': 'I have got everything sorted out for you.', 'start': 9212.477, 'duration': 1.842}, {'end': 9216.702, 'text': 'So Microsoft projects offers two plans.', 'start': 9214.76, 'duration': 1.942}, {'end': 9224.906, 'text': 'The cloud-based solutions are available, which will cost you around $7 to $55 per user per month, whereas if you go for the on-premise solution,', 'start': 9217.242, 'duration': 7.664}, {'end': 9228.867, 'text': 'it will cost you around $590 to $1, 160 per month.', 'start': 9224.906, 'duration': 3.961}, {'end': 9234.65, 'text': 'Major IT giants like Intel and Accenture use Microsoft Project for their successful project deliveries.', 'start': 9229.348, 'duration': 5.302}, {'end': 9241.191, 'text': 'Moving ahead, at number nine we have Skoro.', 'start': 9238.93, 'duration': 2.261}], 'summary': 'Microsoft project offers cloud-based plans at $7-$55 per user per month and on-premise solutions at $590-$1,160 per month. it is used by major it giants like intel and accenture.', 'duration': 31.277, 'max_score': 9209.914, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM9209914.jpg'}, {'end': 9315.045, 'src': 'embed', 'start': 9273.382, 'weight': 1, 'content': [{'end': 9276.486, 'text': 'Coming to the pricing of Skoro, it provides three types of plans.', 'start': 9273.382, 'duration': 3.104}, {'end': 9279.849, 'text': 'Plus plan you can get at $22 per user per month.', 'start': 9277.006, 'duration': 2.843}, {'end': 9287.436, 'text': "Then there's a premium plan which you can buy at $33 per user per month and the ultimate plan which you can buy at $55 per user per month.", 'start': 9280.269, 'duration': 7.167}, {'end': 9291.961, 'text': 'Some of the major customers of Skoro are Beamly, Newton, Grant Thornton, etc.', 'start': 9287.897, 'duration': 4.064}, {'end': 9298.692, 'text': 'Position eight is held by FreedCamp.', 'start': 9296.59, 'duration': 2.102}, {'end': 9307.799, 'text': 'Now. FreedCamp is a web-based project management tool and organization system that can be used by a single or multiple users who are collaborating using cloud computing.', 'start': 9299.252, 'duration': 8.547}, {'end': 9315.045, 'text': 'It is an ideal tool for these people and businesses who want to stay in control of their projects, resources, budget, and time.', 'start': 9308.299, 'duration': 6.746}], 'summary': 'Skoro offers three plans: plus at $22/user/month, premium at $33/user/month, and ultimate at $55/user/month. major customers include beamly, newton, grant thornton. freedcamp is a web-based project management tool used for project and resource management.', 'duration': 41.663, 'max_score': 9273.382, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM9273382.jpg'}, {'end': 9401.851, 'src': 'embed', 'start': 9377.825, 'weight': 3, 'content': [{'end': 9384.014, 'text': 'It is a perfect tool for enhancing the collaboration as it lets you connect with colleagues via internal social network and chat.', 'start': 9377.825, 'duration': 6.189}, {'end': 9391.224, 'text': 'Few other features of Podio include granular access, personal dashboards, connected CRMs, data visualization,', 'start': 9384.474, 'duration': 6.75}, {'end': 9394.769, 'text': 'third-party app integration and full customization of your whole toolbar.', 'start': 9391.224, 'duration': 3.545}, {'end': 9398.47, 'text': 'Talking about the pricing, Podio is available free of cost.', 'start': 9395.349, 'duration': 3.121}, {'end': 9401.851, 'text': 'The basic plan of Podio is available also at $9.', 'start': 9398.87, 'duration': 2.981}], 'summary': 'Podio enhances collaboration, offers granular access, and is available for free with a basic plan at $9.', 'duration': 24.026, 'max_score': 9377.825, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM9377825.jpg'}, {'end': 9446.962, 'src': 'embed', 'start': 9421.937, 'weight': 4, 'content': [{'end': 9429.178, 'text': 'Zoho is a free online project management software that lets you make your business projects more productive and finish them within a given timeframe.', 'start': 9421.937, 'duration': 7.241}, {'end': 9437.32, 'text': 'Using Zoho, you can get an in-depth insight with charts and reports while collaborating with your team, clients, vendors or consultants seamlessly.', 'start': 9429.779, 'duration': 7.541}, {'end': 9444.501, 'text': 'Zoho basically divides your large and complex projects into small manageable units and then schedules the recurring tasks,', 'start': 9437.94, 'duration': 6.561}, {'end': 9446.962, 'text': 'dependencies and subtasks according to the deadline.', 'start': 9444.501, 'duration': 2.461}], 'summary': 'Zoho is a free project management platform for productive and timely project completion.', 'duration': 25.025, 'max_score': 9421.937, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM9421937.jpg'}, {'end': 9533.62, 'src': 'embed', 'start': 9506.695, 'weight': 5, 'content': [{'end': 9511.318, 'text': 'It is an innovative solution which you can use as a document and file manager as well.', 'start': 9506.695, 'duration': 4.623}, {'end': 9515.021, 'text': 'Basecams comes with a single plan of $99 per month.', 'start': 9511.939, 'duration': 3.082}, {'end': 9521.286, 'text': 'Companies like Groupon, John Hopkins University, First Data are the few of the major clients of Basecam.', 'start': 9515.682, 'duration': 5.604}, {'end': 9527.971, 'text': 'So at number four, we have Jira.', 'start': 9526.19, 'duration': 1.781}, {'end': 9533.62, 'text': 'Jira is a project management tool that is most popularly used for bug tracking and issue tracking.', 'start': 9528.991, 'duration': 4.629}], 'summary': 'Basecams offers a $99/month plan and has major clients like groupon and john hopkins university. jira is a popular project management tool.', 'duration': 26.925, 'max_score': 9506.695, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM9506695.jpg'}, {'end': 9579.004, 'src': 'embed', 'start': 9551.754, 'weight': 6, 'content': [{'end': 9558.556, 'text': 'which helps the team stay focused on delivering iteratives and incremental value as fast as possible with customizable scrum boards.', 'start': 9551.754, 'duration': 6.802}, {'end': 9566.938, 'text': 'Talking about the pricing, on cloud it is available for $10 for up to 10 users and for 11 to 100 users it costs around $7.', 'start': 9558.996, 'duration': 7.942}, {'end': 9573.901, 'text': 'When using the self-hosted server, it costs around $10 and for self-hosted data centers, it costs around $12, 000 per year.', 'start': 9566.938, 'duration': 6.963}, {'end': 9579.004, 'text': 'Companies like IBM, BuzzFeed, Snapdeal, LinkedIn are the major users of Jira.', 'start': 9574.262, 'duration': 4.742}], 'summary': 'Jira delivers fast value with customizable scrum boards. pricing: $10 for up to 10 users, $7 for 11-100 users. major users: ibm, buzzfeed, snapdeal, linkedin.', 'duration': 27.25, 'max_score': 9551.754, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM9551754.jpg'}, {'end': 9670.792, 'src': 'embed', 'start': 9642.057, 'weight': 7, 'content': [{'end': 9645.859, 'text': 'Major customers of Trello are Red Hat, NatGeo, Adobe, etc.', 'start': 9642.057, 'duration': 3.802}, {'end': 9652.042, 'text': 'So at number two, we have Asana.', 'start': 9650.521, 'duration': 1.521}, {'end': 9657.585, 'text': 'Asana is a web and mobile project management application designed to help team track their work.', 'start': 9652.623, 'duration': 4.962}, {'end': 9661.547, 'text': "It's simple to get started, but powerful enough to run your entire business.", 'start': 9658.205, 'duration': 3.342}, {'end': 9667.85, 'text': "It provides plenty of features that can help your organization track work in a way that fits every team's workflow,", 'start': 9662.107, 'duration': 5.743}, {'end': 9670.792, 'text': 'by providing transparency and clarity to teammates.', 'start': 9667.85, 'duration': 2.942}], 'summary': "Trello's major customers include red hat, natgeo, and adobe. asana is a web and mobile project management application designed to help teams track their work.", 'duration': 28.735, 'max_score': 9642.057, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM9642057.jpg'}, {'end': 9735.763, 'src': 'embed', 'start': 9706.989, 'weight': 8, 'content': [{'end': 9715.713, 'text': 'One is free of cost, next is premium and that is $9.99 per user per month and the last one is an enterprise plan which is priced by quote.', 'start': 9706.989, 'duration': 8.724}, {'end': 9720.695, 'text': 'Major customers of Asana are Uber, NASA and the New York Times etc.', 'start': 9716.333, 'duration': 4.362}, {'end': 9729.132, 'text': 'Finally, the tool holding the number one spot on our list is Wrike.', 'start': 9725.706, 'duration': 3.426}, {'end': 9735.763, 'text': 'Wrike is a powerful online project management software which provides full visibility and control over project tasks.', 'start': 9729.733, 'duration': 6.03}], 'summary': 'Asana offers free, premium at $9.99/user/month, enterprise by quote. wrike is top project management tool.', 'duration': 28.774, 'max_score': 9706.989, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM9706989.jpg'}, {'end': 9789.41, 'src': 'embed', 'start': 9757.85, 'weight': 9, 'content': [{'end': 9763.053, 'text': 'using which you can easily track and monitor your progress from your mobile phones anytime and anywhere.', 'start': 9757.85, 'duration': 5.203}, {'end': 9771.098, 'text': 'It is a trusted application that is used by over 15, 000 organizations including small, mid-sized and enterprise fortune 500 companies.', 'start': 9763.613, 'duration': 7.485}, {'end': 9774.28, 'text': 'Wrike comes with various pricing plans, like free plans.', 'start': 9771.678, 'duration': 2.602}, {'end': 9778.303, 'text': 'then the professional plan, which is $9.80 per user per month.', 'start': 9774.28, 'duration': 4.023}, {'end': 9782.525, 'text': 'next is the business plan, which costs around $24.80 per user per month.', 'start': 9778.303, 'duration': 4.222}, {'end': 9789.41, 'text': 'next is the marketeers plan, which is $34.80 per user per month, and the last is the enterprise plan that is priced by quote.', 'start': 9782.525, 'duration': 6.885}], 'summary': 'Wrike is a trusted app with 15,000+ users, offering various pricing plans including free, $9.80, $24.80, $34.80, and enterprise plan by quote.', 'duration': 31.56, 'max_score': 9757.85, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM9757850.jpg'}, {'end': 9845.287, 'src': 'embed', 'start': 9808.829, 'weight': 11, 'content': [{'end': 9816.074, 'text': 'So when we say project cost management, we need to understand it basically includes about the cost which gets incurred,', 'start': 9808.829, 'duration': 7.245}, {'end': 9820.337, 'text': 'the expanding value of the monetary investment which is being done by the organization.', 'start': 9816.074, 'duration': 4.263}, {'end': 9829.964, 'text': 'So project cost management basically includes the processes involved in planning, estimating, budgeting, financing, funding,', 'start': 9821.058, 'duration': 8.906}, {'end': 9834.487, 'text': 'managing and controlling costs, so the project can be completed within approved budget.', 'start': 9829.964, 'duration': 4.523}, {'end': 9838.044, 'text': 'So this requires a detailed cost management plan,', 'start': 9835.242, 'duration': 2.802}, {'end': 9845.287, 'text': 'where the cost of the resources which is required to be used in the project has to be assessed and understood, estimated and budgeted,', 'start': 9838.044, 'duration': 7.243}], 'summary': 'Project cost management involves planning, estimating, budgeting, financing, and controlling costs to ensure project completion within approved budget.', 'duration': 36.458, 'max_score': 9808.829, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM9808829.jpg'}, {'end': 9925.046, 'src': 'embed', 'start': 9890.743, 'weight': 16, 'content': [{'end': 9896.148, 'text': 'So we need to look at what are the tailoring considerations made while doing the project cost management.', 'start': 9890.743, 'duration': 5.405}, {'end': 9904.496, 'text': 'So the tailoring considerations includes knowledge management, estimating and budgeting, earned value management,', 'start': 9896.849, 'duration': 7.647}, {'end': 9906.998, 'text': 'use of agile approach and governance.', 'start': 9904.496, 'duration': 2.502}, {'end': 9909.601, 'text': 'When I say knowledge management.', 'start': 9907.859, 'duration': 1.742}, {'end': 9925.046, 'text': 'so it is very important for an organization to have a formal knowledge management and financial database repositories that project manager is required to use that is readily accessible so that right decisions can be made taken at the right time.', 'start': 9910.316, 'duration': 14.73}], 'summary': 'Tailoring considerations for project cost management include knowledge management, estimating, budgeting, earned value management, agile approach, and governance.', 'duration': 34.303, 'max_score': 9890.743, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM9890743.jpg'}, {'end': 10130.782, 'src': 'embed', 'start': 10101.624, 'weight': 10, 'content': [{'end': 10106.607, 'text': 'plan cost management, estimate cost, determine budget, and control cost.', 'start': 10101.624, 'duration': 4.983}, {'end': 10108.969, 'text': 'When I say plan cost management.', 'start': 10107.308, 'duration': 1.661}, {'end': 10115.212, 'text': 'plan cost management, estimate cost management and determine budget are part of planning process group,', 'start': 10108.969, 'duration': 6.243}, {'end': 10119.155, 'text': 'whereas control cost falls under monitoring and controlling process group.', 'start': 10115.212, 'duration': 3.943}, {'end': 10121.756, 'text': 'Now let us look at plan cost management.', 'start': 10119.915, 'duration': 1.841}, {'end': 10130.782, 'text': "So plan cost management is the process of defining how the project's cost will be estimated, budgeted, managed, monitored, and controlled.", 'start': 10122.637, 'duration': 8.145}], 'summary': 'Plan cost management, estimate cost, determine budget, and control cost are key processes in project management.', 'duration': 29.158, 'max_score': 10101.624, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM10101624.jpg'}, {'end': 10186.573, 'src': 'embed', 'start': 10161.084, 'weight': 12, 'content': [{'end': 10167.486, 'text': 'and cost will be allocated from the bottom level of the wbs and it is bottom up estimating.', 'start': 10161.084, 'duration': 6.402}, {'end': 10169.647, 'text': 'you consolidate upwards.', 'start': 10167.486, 'duration': 2.161}, {'end': 10178.47, 'text': 'so many techniques are used to do that, like expert judgments, analogous estimation, parametric estimation, three point estimation, pert estimation.', 'start': 10169.647, 'duration': 8.823}, {'end': 10186.573, 'text': 'so these estimations includes basically the labor utilized, the material utilize, the equipment, what is used as part of the project.', 'start': 10178.47, 'duration': 8.103}], 'summary': 'Cost allocation from bottom wbs level, using techniques such as expert judgments, analogous, parametric, three point, and pert estimation for labor, material, and equipment.', 'duration': 25.489, 'max_score': 10161.084, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM10161084.jpg'}, {'end': 10226.025, 'src': 'embed', 'start': 10202.411, 'weight': 14, 'content': [{'end': 10208.798, 'text': 'includes project charter, project management plan, basically schedule management plan and risk management plan,', 'start': 10202.411, 'duration': 6.387}, {'end': 10212.522, 'text': 'enterprise environmental factors and organizational process assets.', 'start': 10208.798, 'duration': 3.724}, {'end': 10221.762, 'text': 'The tools and techniques which are used for plan cost management process would be expert judgment, data analysis and meetings.', 'start': 10213.297, 'duration': 8.465}, {'end': 10226.025, 'text': 'The output of this process would be cost management plan.', 'start': 10222.543, 'duration': 3.482}], 'summary': 'Project management plan includes schedule management, risk management, and cost management plan using expert judgment, data analysis, and meetings.', 'duration': 23.614, 'max_score': 10202.411, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM10202411.jpg'}, {'end': 10639.663, 'src': 'embed', 'start': 10612.823, 'weight': 15, 'content': [{'end': 10617.386, 'text': 'so these needs to be understood in what terms the project is being worked.', 'start': 10612.823, 'duration': 4.563}, {'end': 10622.268, 'text': 'then enterprise, environmental factors and organizational process assets.', 'start': 10617.386, 'duration': 4.882}, {'end': 10632.12, 'text': 'so the tools used for this particular process determine budget is expert judgment, historical information, review, data analysis, cost aggregation,', 'start': 10622.268, 'duration': 9.852}, {'end': 10633.701, 'text': 'funding limit reconciliations.', 'start': 10632.12, 'duration': 1.581}, {'end': 10639.663, 'text': 'when you say cost aggregation and funding limit reconciliations, one has to ensure all the fund flow.', 'start': 10633.701, 'duration': 5.962}], 'summary': 'Project factors and tools for budget determination include expert judgment, historical information, data analysis, and cost aggregation.', 'duration': 26.84, 'max_score': 10612.823, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM10612823.jpg'}], 'start': 9084.301, 'title': 'Project management tools and cost & risk management', 'summary': 'Discusses the top project management tools, including microsoft project, skoro, freedcamp, podio, zoho, basecamp, jira, trello, asana, and wrike, emphasizing their features, pricing, and major customers. it also covers project cost management, analyzing various types of costs and understanding cost management processes. additionally, it highlights project risk management, emphasizing non-event risks, tailoring considerations, and quantitative risk analysis for larger projects.', 'chapters': [{'end': 9479.195, 'start': 9084.301, 'title': 'Top 10 project management tools', 'summary': 'Discusses the top 10 project management tools, including microsoft project, skoro, freedcamp, podio, and zoho, highlighting their features, pricing, and major customers, and emphasizes the increasing usage of project management tools in the market.', 'duration': 394.894, 'highlights': ['Microsoft Project offers cloud-based and on-premise options with integrated planning tools and modules for project, portfolio, and resource management, and is used by major IT giants like Intel and Accenture, pricing between $7 to $55 per user per month for cloud-based solutions.', 'Skoro is a comprehensive solution for project management, offering collaboration, productivity, project management, and Salesforce automation, with pricing ranging from $22 to $55 per user per month and major customers like Beamly, Newton, Grant Thornton.', 'FreedCamp is a web-based project management tool providing features like task assignment, calendar scheduling, discussion boards, time tracking, and offers free and paid plans starting from $4 to $15 per user per month, with customers like American Red Cross and Make-A-Wish.', 'Podio is a cloud-based collaboration service with features like internal social network, chat, granular access, personal dashboards, connected CRMs, and offers plans ranging from free to $24, with customers like Deloitte, Volvo, Sony.', 'Zoho is a free online project management software offering features like Gantt charts, bug trackers, chart reports, and timesheets, with pricing plans ranging from $1 to $5 per employee and major customers like Google, Ultimate Medical Academy.']}, {'end': 9987.867, 'start': 9483.858, 'title': 'Top project management tools', 'summary': 'Examines the top 5 project management tools, with basecamp, jira, trello, asana, and wrike, highlighting their features, pricing, and major clients, along with an overview of project cost management and tailoring considerations.', 'duration': 504.009, 'highlights': ['Basecamp offers a real-time communication tool and project management functions at $99 per month, used by major clients like Groupon and John Hopkins University.', 'Jira, developed by Atlassian, offers bug tracking and issue tracking features, with pricing ranging from $10 for up to 10 users to $12,000 per year for self-hosted data centers, majorly used by companies like IBM and LinkedIn.', 'Trello, owned by Atlassian, provides flexible project management features with three plans, including a free plan, used by major customers like Red Hat and NatGeo.', 'Asana is a powerful web and mobile project management application used by organizations like Uber and NASA, offering three pricing plans, including a free version.', "Wrike, used by over 15,000 organizations, provides online project management software with various pricing plans, including a free version, and major users like L'Oreal and HTC."]}, {'end': 10368.322, 'start': 9987.867, 'title': 'Project cost management overview', 'summary': 'Discusses the essential directions for establishing controls through policies, procedures, and guidelines, while analyzing various types of costs including fixed, variable, direct, indirect, and sunk costs, and understanding cost management processes such as plan cost management, estimate cost, determine budget, and control cost.', 'duration': 380.455, 'highlights': ['The chapter discusses the essential directions for establishing controls through policies, procedures, and guidelines.', 'Analyzing various types of costs including fixed, variable, direct, indirect, and sunk costs is essential.', 'Understanding cost management processes such as plan cost management, estimate cost, determine budget, and control cost is crucial.']}, {'end': 11006.018, 'start': 10368.322, 'title': 'Project cost management overview', 'summary': 'Covers the process of project cost management, including cost estimation, budget determination, and cost control, emphasizing the importance of risk management and its impact throughout the project lifecycle, with a focus on identifying, analyzing, and responding to risks.', 'duration': 637.696, 'highlights': ['The process of project cost management includes cost estimation, three-point estimation, determining budget, and control cost, emphasizing the importance of risk management and its impact throughout the project lifecycle.', 'The estimation process involves three-point estimation, where the estimation of optimistic, pessimistic, and most likely estimates are taken and averaged, requiring discussions with experts and data analysis to estimate project costs.', 'Determining the budget involves aggregating the estimated costs of individual activities or work packages and establishing the authorized cost baseline, including contingency reserves to address identified risks and management reserves for unforeseen circumstances.', 'Risk management is essential throughout the project lifecycle, involving processes such as risk planning, identification, analysis, response planning, implementation, and monitoring, with a focus on continuously assessing and responding to identified risks.']}, {'end': 11477.292, 'start': 11006.018, 'title': 'Project risk management', 'summary': 'Highlights the importance of identifying non-event risks, integrating risk management into project lifecycle, tailoring risk management considerations based on project size, complexity, and importance, and the processes involved in risk management, emphasizing the quantitative risk analysis for larger and complex projects.', 'duration': 471.274, 'highlights': ['The importance of identifying non-event risks and integrating risk management into the project lifecycle is emphasized, with the need for planning and managing all identified risks together, rather than just focusing on positive or negative risks.', 'Tailoring risk management considerations based on project size, complexity, and importance is highlighted, with specific focus on the impact of project failures varying based on these factors, and the need to assess the return and importance of the project to the organization and stakeholders.', 'The processes involved in risk management, including plan risk management, identify risks, perform qualitative risk analysis, perform quantitative risk analysis, and plan risk responses, are detailed, with emphasis on the importance of quantitative risk analysis for larger and complex projects to quantify overall project risk exposure and support risk response planning.']}], 'duration': 2392.991, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM9084301.jpg', 'highlights': ['Microsoft Project offers cloud-based and on-premise options with integrated planning tools and modules for project, portfolio, and resource management, used by major IT giants like Intel and Accenture, pricing between $7 to $55 per user per month for cloud-based solutions.', 'Skoro is a comprehensive solution for project management, offering collaboration, productivity, project management, and Salesforce automation, with pricing ranging from $22 to $55 per user per month and major customers like Beamly, Newton, Grant Thornton.', 'FreedCamp is a web-based project management tool providing features like task assignment, calendar scheduling, discussion boards, time tracking, and offers free and paid plans starting from $4 to $15 per user per month, with customers like American Red Cross and Make-A-Wish.', 'Podio is a cloud-based collaboration service with features like internal social network, chat, granular access, personal dashboards, connected CRMs, and offers plans ranging from free to $24, with customers like Deloitte, Volvo, Sony.', 'Zoho is a free online project management software offering features like Gantt charts, bug trackers, chart reports, and timesheets, with pricing plans ranging from $1 to $5 per employee and major customers like Google, Ultimate Medical Academy.', 'Basecamp offers a real-time communication tool and project management functions at $99 per month, used by major clients like Groupon and John Hopkins University.', 'Jira, developed by Atlassian, offers bug tracking and issue tracking features, with pricing ranging from $10 for up to 10 users to $12,000 per year for self-hosted data centers, majorly used by companies like IBM and LinkedIn.', 'Trello, owned by Atlassian, provides flexible project management features with three plans, including a free plan, used by major customers like Red Hat and NatGeo.', 'Asana is a powerful web and mobile project management application used by organizations like Uber and NASA, offering three pricing plans, including a free version.', "Wrike, used by over 15,000 organizations, provides online project management software with various pricing plans, including a free version, and major users like L'Oreal and HTC.", 'Understanding cost management processes such as plan cost management, estimate cost, determine budget, and control cost is crucial.', 'The process of project cost management includes cost estimation, three-point estimation, determining budget, and control cost, emphasizing the importance of risk management and its impact throughout the project lifecycle.', 'The estimation process involves three-point estimation, where the estimation of optimistic, pessimistic, and most likely estimates are taken and averaged, requiring discussions with experts and data analysis to estimate project costs.', 'Determining the budget involves aggregating the estimated costs of individual activities or work packages and establishing the authorized cost baseline, including contingency reserves to address identified risks and management reserves for unforeseen circumstances.', 'Risk management is essential throughout the project lifecycle, involving processes such as risk planning, identification, analysis, response planning, implementation, and monitoring, with a focus on continuously assessing and responding to identified risks.', 'The importance of identifying non-event risks and integrating risk management into the project lifecycle is emphasized, with the need for planning and managing all identified risks together, rather than just focusing on positive or negative risks.', 'Tailoring risk management considerations based on project size, complexity, and importance is highlighted, with specific focus on the impact of project failures varying based on these factors, and the need to assess the return and importance of the project to the organization and stakeholders.', 'The processes involved in risk management, including plan risk management, identify risks, perform qualitative risk analysis, perform quantitative risk analysis, and plan risk responses, are detailed, with emphasis on the importance of quantitative risk analysis for larger and complex projects to quantify overall project risk exposure and support risk response planning.']}, {'end': 13560.397, 'segs': [{'end': 11535.137, 'src': 'embed', 'start': 11504.845, 'weight': 3, 'content': [{'end': 11511.847, 'text': 'so planned risk responses, so as we identify the risk and then analyze them qualitatively and quantitatively,', 'start': 11504.845, 'duration': 7.002}, {'end': 11516.709, 'text': 'so we know positive risk or negative risk, what kind of impact each of those risks would have.', 'start': 11511.847, 'duration': 4.862}, {'end': 11520.646, 'text': 'So how are we going to get benefit of positive risk??', 'start': 11517.424, 'duration': 3.222}, {'end': 11523.529, 'text': 'How are we going to reduce the impact of negative risk?', 'start': 11520.987, 'duration': 2.542}, {'end': 11526.15, 'text': 'So this requires planning risk responses.', 'start': 11523.969, 'duration': 2.181}, {'end': 11535.137, 'text': 'So this process helps in developing options, selecting strategies and agreeing on actions to address overall project risk exposure,', 'start': 11526.851, 'duration': 8.286}], 'summary': 'Planning risk responses involves developing options, selecting strategies, and agreeing on actions to address project risk exposure.', 'duration': 30.292, 'max_score': 11504.845, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM11504845.jpg'}, {'end': 11572.228, 'src': 'embed', 'start': 11544.068, 'weight': 0, 'content': [{'end': 11550.899, 'text': 'This process also allocates resources and inserts activities into project documents and the project management plans as needed.', 'start': 11544.068, 'duration': 6.831}, {'end': 11554.044, 'text': 'So this is performed throughout the project lifecycle.', 'start': 11551.44, 'duration': 2.604}, {'end': 11561.419, 'text': 'So now inputs to plan risk responses would be project management plan, which involves resource management plan,', 'start': 11554.574, 'duration': 6.845}, {'end': 11563.181, 'text': 'risk management plan and cost baseline.', 'start': 11561.419, 'duration': 1.762}, {'end': 11572.228, 'text': 'Then project document, which is lessons learned register, project schedule, project team assignments, resource calendars, risk register, risk report,', 'start': 11563.601, 'duration': 8.627}], 'summary': 'Process allocates resources, inserts activities throughout project lifecycle. inputs include project management plan and project documents.', 'duration': 28.16, 'max_score': 11544.068, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM11544068.jpg'}, {'end': 11750.608, 'src': 'embed', 'start': 11717.208, 'weight': 12, 'content': [{'end': 11720.81, 'text': 'but there will be some scenario where you cannot implement the risk responses.', 'start': 11717.208, 'duration': 3.602}, {'end': 11724.373, 'text': 'you should yourself make ready to handle those scenarios.', 'start': 11720.81, 'duration': 3.563}, {'end': 11726.764, 'text': 'what if the building collapses?', 'start': 11725.063, 'duration': 1.701}, {'end': 11728.105, 'text': 'what if the earthquake happens?', 'start': 11726.764, 'duration': 1.341}, {'end': 11729.625, 'text': 'what if flooding happens?', 'start': 11728.105, 'duration': 1.52}, {'end': 11731.847, 'text': 'so you will have a contingency plan defined.', 'start': 11729.625, 'duration': 2.222}, {'end': 11737.069, 'text': 'so contingency plan you can implement, or else, looking at the impact, kind of thing you will make yourself ready.', 'start': 11731.847, 'duration': 5.222}, {'end': 11737.59, 'text': 'let it go.', 'start': 11737.069, 'duration': 0.521}, {'end': 11742.732, 'text': 'i have other modes of operating my business and move forward or make my project successful.', 'start': 11737.59, 'duration': 5.142}, {'end': 11750.608, 'text': 'so inputs to this particular process would be project management plan, project documents and OPA Tools.', 'start': 11742.732, 'duration': 7.876}], 'summary': 'Prepare contingency plan for potential risks; consider project management plan, documents, and opa tools as inputs.', 'duration': 33.4, 'max_score': 11717.208, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM11717208.jpg'}, {'end': 12098.966, 'src': 'embed', 'start': 12072.599, 'weight': 5, 'content': [{'end': 12078.88, 'text': 'What are the things that you want to cover as a part of that product offering in the market based on the category it serves in.', 'start': 12072.599, 'duration': 6.281}, {'end': 12081.74, 'text': 'For example, if it is a sales management,', 'start': 12079.16, 'duration': 2.58}, {'end': 12092.502, 'text': 'then obviously you would like to build the capabilities which will help your customers utilize your product or use your product in such a way that they can fulfill their needs and requirements.', 'start': 12081.74, 'duration': 10.762}, {'end': 12098.966, 'text': "So you'll ensure that your product is capable enough to fulfill all that scope from the customer's point of view.", 'start': 12093.163, 'duration': 5.803}], 'summary': 'Develop product capabilities to meet customer needs in sales management.', 'duration': 26.367, 'max_score': 12072.599, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM12072599.jpg'}, {'end': 12177.562, 'src': 'embed', 'start': 12151.159, 'weight': 2, 'content': [{'end': 12155.922, 'text': 'There are certain tailoring considerations that are being considered for each of the knowledge areas.', 'start': 12151.159, 'duration': 4.763}, {'end': 12162.887, 'text': 'From exam point of view as well, this is important to know what are the tailoring consideration under scope management.', 'start': 12156.562, 'duration': 6.325}, {'end': 12167.113, 'text': "We always say that one size solution doesn't fit all.", 'start': 12163.55, 'duration': 3.563}, {'end': 12170.256, 'text': "So we'll have to tailor the process that we are working on.", 'start': 12167.554, 'duration': 2.702}, {'end': 12177.562, 'text': "So if I have to work on a scope management, I might have to tailor the process based on the context I'm working in.", 'start': 12170.696, 'duration': 6.866}], 'summary': "Tailoring considerations are important for each knowledge area, including scope management. one size solution doesn't fit all, so processes must be tailored based on the context.", 'duration': 26.403, 'max_score': 12151.159, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM12151159.jpg'}, {'end': 12251.709, 'src': 'embed', 'start': 12226.05, 'weight': 14, 'content': [{'end': 12231.852, 'text': 'in terms of agreeing upon how and when my customer would accept the deliverables,', 'start': 12226.05, 'duration': 5.802}, {'end': 12237.033, 'text': 'by the end of each phase or by the end of whatever the milestone that is agreed between you and the customers.', 'start': 12231.852, 'duration': 5.181}, {'end': 12241.322, 'text': 'So we can certainly tailor around this aspect as well.', 'start': 12237.819, 'duration': 3.503}, {'end': 12244.704, 'text': 'You would also need to define the development approach.', 'start': 12241.982, 'duration': 2.722}, {'end': 12251.709, 'text': 'How would like to build this product or project or some result or service that you are trying to produce by the end of that project.', 'start': 12245.084, 'duration': 6.625}], 'summary': 'Agree on deliverable acceptance and development approach with customer.', 'duration': 25.659, 'max_score': 12226.05, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM12226050.jpg'}, {'end': 12338.896, 'src': 'embed', 'start': 12307.602, 'weight': 6, 'content': [{'end': 12310.083, 'text': 'if the changes come towards late in the cycle.', 'start': 12307.602, 'duration': 2.481}, {'end': 12311.644, 'text': 'And of course, the governance.', 'start': 12310.684, 'duration': 0.96}, {'end': 12317.908, 'text': 'The complexity of project would also define the kind of governance framework that you want to establish on project.', 'start': 12311.965, 'duration': 5.943}, {'end': 12324.772, 'text': 'Whether you would like to have got weekly meetings with your stakeholders, fortnightly discussions, escalation metrics,', 'start': 12318.428, 'duration': 6.344}, {'end': 12329.333, 'text': "What kind of a governance that you want to establish on the project that you're working on?", 'start': 12325.151, 'duration': 4.182}, {'end': 12334.815, 'text': "From scope point of view, definitely, it's important to know how are you going to manage change on the project.", 'start': 12329.793, 'duration': 5.022}, {'end': 12338.896, 'text': 'We have to tailor the process based on these considerations.', 'start': 12335.615, 'duration': 3.281}], 'summary': 'Tailor governance framework based on project complexity and stakeholder engagement.', 'duration': 31.294, 'max_score': 12307.602, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM12307602.jpg'}, {'end': 12391.558, 'src': 'embed', 'start': 12366.197, 'weight': 11, 'content': [{'end': 12372.38, 'text': 'Of course, there are certain changes that have been done in the form of tools and techniques, in the form of certain suggestions,', 'start': 12366.197, 'duration': 6.183}, {'end': 12378.382, 'text': 'like use of certain techniques, which are additionally mentioned, which we will touch upon a bit on this webinar.', 'start': 12372.38, 'duration': 6.002}, {'end': 12383.344, 'text': 'But largely you will find that the scope management is more or less intact.', 'start': 12378.762, 'duration': 4.582}, {'end': 12391.558, 'text': 'Of course, the tailoring considerations are added and, more importantly, what is also done in general in comparison with the fifth edition,', 'start': 12383.848, 'duration': 7.71}], 'summary': 'Changes in tools and techniques, tailoring considerations added, scope management intact', 'duration': 25.361, 'max_score': 12366.197, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM12366197.jpg'}, {'end': 12429.637, 'src': 'embed', 'start': 12404.574, 'weight': 7, 'content': [{'end': 12409.618, 'text': "So we've got a predictive lifecycle and we have adaptive life cycles, as you might have already heard about.", 'start': 12404.574, 'duration': 5.044}, {'end': 12413.601, 'text': 'So traditionally, we more use the predictive lifecycle.', 'start': 12410.098, 'duration': 3.503}, {'end': 12419.966, 'text': 'The way scope is managed in predictive lifecycle is different than the way it is managed in the adaptive lifecycle.', 'start': 12413.641, 'duration': 6.325}, {'end': 12424.573, 'text': 'So those aspects are also covered largely as a part of this new PMBOK edition.', 'start': 12420.41, 'duration': 4.163}, {'end': 12429.637, 'text': 'But changes are subtle in comparison with some of the other knowledge areas.', 'start': 12425.074, 'duration': 4.563}], 'summary': 'Comparing predictive and adaptive lifecycles in new pmbok edition.', 'duration': 25.063, 'max_score': 12404.574, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM12404574.jpg'}, {'end': 12894.704, 'src': 'embed', 'start': 12863.41, 'weight': 9, 'content': [{'end': 12868.774, 'text': 'So I would also need to refer to certain project documents like maybe assumption log or lesson learned.', 'start': 12863.41, 'duration': 5.364}, {'end': 12875.561, 'text': "If there is any lesson previously learned and if I want to ensure that those mistakes wouldn't be occurring again.", 'start': 12868.935, 'duration': 6.626}, {'end': 12877.122, 'text': "So that's very important.", 'start': 12875.961, 'duration': 1.161}, {'end': 12883.936, 'text': 'I would also need stakeholder register, which is very important because that will give me the list of stakeholders whom I need to engage.', 'start': 12877.492, 'duration': 6.444}, {'end': 12886.418, 'text': 'I would also need to refer to business documents.', 'start': 12883.956, 'duration': 2.462}, {'end': 12894.704, 'text': 'And one of the most important document would be business case, because business case will help me in understanding the background context,', 'start': 12886.578, 'duration': 8.126}], 'summary': 'Refer to project documents, stakeholder register, and business case for project management.', 'duration': 31.294, 'max_score': 12863.41, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM12863410.jpg'}, {'end': 13264.631, 'src': 'embed', 'start': 13241.064, 'weight': 1, 'content': [{'end': 13248.589, 'text': 'we refer to the project charter, project management plan, certain documents, enterprise environmental factors and organizational process assets.', 'start': 13241.064, 'duration': 7.525}, {'end': 13253.286, 'text': "So in terms of project management plan, we'll refer to scope management plan in particular.", 'start': 13249.284, 'duration': 4.002}, {'end': 13255.967, 'text': 'And in terms of certain project documents.', 'start': 13253.746, 'duration': 2.221}, {'end': 13258.448, 'text': 'few examples that I gave like assumption log.', 'start': 13255.967, 'duration': 2.481}, {'end': 13264.631, 'text': "if there is any assumption around when we try to define scope, we'll have to explicitly mention about that assumption.", 'start': 13258.448, 'duration': 6.183}], 'summary': 'Refer to project charter, management plan, and documents for scope management and assumptions.', 'duration': 23.567, 'max_score': 13241.064, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM13241064.jpg'}], 'start': 11477.292, 'title': 'Project risk and scope management', 'summary': 'Covers project risk management processes, emphasizing the benefit of ensuring agreed upon risk responses, alongside the significance of scope management in defining project scope. it also discusses scope management processes, the creation of scope management plan, collecting project requirements, and defining project scope, offering insights into key processes and tools.', 'chapters': [{'end': 12014.317, 'start': 11477.292, 'title': 'Project risk management overview', 'summary': 'Covers the processes of planning risk responses, implementing risk responses, and monitoring risk, emphasizing the key benefit of ensuring agreed upon risk responses are executed as planned, minimizing individual project threats, and maximizing overall project opportunities, along with the importance of project scope management in defining project scope and delivering outcomes for stakeholders.', 'duration': 537.025, 'highlights': ['The key benefit of planning risk responses is to ensure agreed upon risk responses are executed as planned, minimizing individual project threats and maximizing overall project opportunities.', 'The process of implementing agreed upon risk response plans provides a key benefit by ensuring that the responses are executed as planned, addressing overall project risk exposure and individual project threats.', 'Monitoring risk involves tracking identified risks, identifying and analyzing new risks, and evaluating risk process effectiveness throughout the project.', 'Project scope management involves defining the project scope, controlling it, and delivering outcomes for stakeholders.']}, {'end': 12565.487, 'start': 12014.337, 'title': 'Scope management in project and product lifecycle', 'summary': 'Discusses the differences between product and project life cycles, the importance of tailoring scope management processes based on industry context, and the six key processes within scope management, emphasizing the significance of understanding inputs, tools, techniques, and outputs for each process.', 'duration': 551.15, 'highlights': ['The chapter discusses the differences between product and project life cycles, emphasizing that the product life cycle is much longer and encompasses multiple projects, providing a comprehensive understanding of scope management in project and product lifecycle.', 'The importance of tailoring scope management processes based on industry context is emphasized, with specific considerations for different industries such as banking, FMCG, e-commerce, pharmaceutical, and manufacturing, stressing the need to adapt processes to the specific context and stakeholders involved.', 'The chapter provides an overview of the six key processes within scope management: plan scope management, collecting requirements, defining scope, creating WBS, validating scope, and controlling scope, emphasizing the importance of understanding inputs, tools, techniques, and outputs for each process.']}, {'end': 12802.418, 'start': 12565.487, 'title': 'Scope management plan: creation and implementation', 'summary': 'Discusses the creation of a scope management plan, emphasizing the importance of referencing the project charter and project management plan, utilizing organizational process assets and enterprise environmental factors, and employing tools and techniques such as expert judgment and meetings to ultimately produce the scope management plan and requirement management plan.', 'duration': 236.931, 'highlights': ['The creation of a scope management plan involves referencing the project charter and project management plan to understand the high-level scope and quality standards, as well as utilizing organizational process assets and enterprise environmental factors to consider internal standards, templates, and market factors. (Relevance: 5)', 'Expert judgment and meetings are essential tools and techniques used in creating the scope management plan, enabling engagement with stakeholders and data-driven discussions. (Relevance: 4)', 'The output of the scope management plan includes the approach for managing scope on the project and the requirement management plan, which details how requirements will be managed, including stakeholder engagement and traceability of requirements. (Relevance: 3)']}, {'end': 13181.622, 'start': 12802.878, 'title': 'Collecting project requirements and tools', 'summary': 'Discusses the process of collecting project requirements, highlighting the tools and techniques used, such as expert judgment, data gathering methods like brainstorming and benchmarking, decision-making techniques, and the output of the process, including requirement documentation and traceability metrics.', 'duration': 378.744, 'highlights': ['The process of collecting project requirements involves using various tools and techniques such as expert judgment, data gathering methods like brainstorming and benchmarking, and decision-making techniques.', 'The output of the collect requirements process includes requirement documentation and traceability metrics, which are essential for capturing and tracing the project requirements throughout the project lifecycle.', 'The chapter emphasizes the importance of referring to artifacts such as project charter, stakeholder register, business case, and agreements, as well as utilizing enterprise environmental factors and organizational process assets in the process of collecting requirements.']}, {'end': 13560.397, 'start': 13181.622, 'title': 'Defining project scope and creating wbs', 'summary': 'Discusses the importance of defining project scope, including acceptance criteria and tools and techniques used, leading to the creation of a work breakdown structure (wbs) to facilitate estimation, planning, and scheduling.', 'duration': 378.775, 'highlights': ['The importance of explicitly mentioning language support in software and defining acceptance criteria for deliverables.', 'Use of tools and techniques such as expert judgment, decision making, and data analysis to aid in defining project scope.', 'The significance of creating a work breakdown structure (WBS) to facilitate estimation, planning, and scheduling.']}], 'duration': 2083.105, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM11477292.jpg', 'highlights': ['The key benefit of planning risk responses is to ensure agreed upon risk responses are executed as planned, minimizing individual project threats and maximizing overall project opportunities.', 'Monitoring risk involves tracking identified risks, identifying and analyzing new risks, and evaluating risk process effectiveness throughout the project.', 'Project scope management involves defining the project scope, controlling it, and delivering outcomes for stakeholders.', 'The chapter provides an overview of the six key processes within scope management: plan scope management, collecting requirements, defining scope, creating WBS, validating scope, and controlling scope, emphasizing the importance of understanding inputs, tools, techniques, and outputs for each process.', 'The chapter discusses the differences between product and project life cycles, emphasizing that the product life cycle is much longer and encompasses multiple projects, providing a comprehensive understanding of scope management in project and product lifecycle.', 'The importance of tailoring scope management processes based on industry context is emphasized, with specific considerations for different industries such as banking, FMCG, e-commerce, pharmaceutical, and manufacturing, stressing the need to adapt processes to the specific context and stakeholders involved.', 'The creation of a scope management plan involves referencing the project charter and project management plan to understand the high-level scope and quality standards, as well as utilizing organizational process assets and enterprise environmental factors to consider internal standards, templates, and market factors. (Relevance: 5)', 'Expert judgment and meetings are essential tools and techniques used in creating the scope management plan, enabling engagement with stakeholders and data-driven discussions. (Relevance: 4)', 'The output of the scope management plan includes the approach for managing scope on the project and the requirement management plan, which details how requirements will be managed, including stakeholder engagement and traceability of requirements. (Relevance: 3)', 'The process of collecting project requirements involves using various tools and techniques such as expert judgment, data gathering methods like brainstorming and benchmarking, and decision-making techniques.', 'The output of the collect requirements process includes requirement documentation and traceability metrics, which are essential for capturing and tracing the project requirements throughout the project lifecycle.', 'The chapter emphasizes the importance of referring to artifacts such as project charter, stakeholder register, business case, and agreements, as well as utilizing enterprise environmental factors and organizational process assets in the process of collecting requirements.', 'The importance of explicitly mentioning language support in software and defining acceptance criteria for deliverables.', 'Use of tools and techniques such as expert judgment, decision making, and data analysis to aid in defining project scope.', 'The significance of creating a work breakdown structure (WBS) to facilitate estimation, planning, and scheduling.']}, {'end': 15339.537, 'segs': [{'end': 13591.038, 'src': 'embed', 'start': 13561.037, 'weight': 0, 'content': [{'end': 13568.607, 'text': "So whatever the scope item that you're working on, just try to break it off into the smaller pieces, which is like we call it as a work package.", 'start': 13561.037, 'duration': 7.57}, {'end': 13574.41, 'text': 'And that work package is small enough to be completed within maybe around 40 hours or so.', 'start': 13568.887, 'duration': 5.523}, {'end': 13578.592, 'text': "So that's a rule of 40 that they follow, but it could vary.", 'start': 13575.11, 'duration': 3.482}, {'end': 13582.674, 'text': 'So it could be 40 hours to 80 hours, something which we can estimate,', 'start': 13578.812, 'duration': 3.862}, {'end': 13591.038, 'text': 'something which is easy to learn about and which will also help us in the form of inputs when it comes to estimation of schedule and the budget.', 'start': 13582.674, 'duration': 8.364}], 'summary': 'Break scope items into small work packages, aiming for completion within 40-80 hours, aiding in estimation of schedule and budget.', 'duration': 30.001, 'max_score': 13561.037, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM13561037.jpg'}, {'end': 13669.005, 'src': 'embed', 'start': 13626.988, 'weight': 2, 'content': [{'end': 13634.912, 'text': 'that any change over and above would be considered as a new requirement and it has to go through the change control board et cetera,', 'start': 13626.988, 'duration': 7.924}, {'end': 13638.274, 'text': 'whatever the process that is being agreed between you and the customer.', 'start': 13634.912, 'duration': 3.362}, {'end': 13646.758, 'text': "And the project documents, again, some of the documents that I've already mentioned to you could be assumption log or could be the stakeholder list.", 'start': 13638.874, 'duration': 7.884}, {'end': 13649.439, 'text': 'So those will get updated as a result of this.', 'start': 13646.858, 'duration': 2.581}, {'end': 13656.515, 'text': "So if we have to just quickly summarize what we've covered, we started off with the scope management plan as one of the processes.", 'start': 13650.31, 'duration': 6.205}, {'end': 13658.857, 'text': 'We defined it and we created that.', 'start': 13656.595, 'duration': 2.262}, {'end': 13662.32, 'text': 'Now we know the approach on the project about managing scope.', 'start': 13659.357, 'duration': 2.963}, {'end': 13669.005, 'text': 'Then we started off with how are we going to collect requirements on the project, what kind of inputs we can refer to,', 'start': 13662.78, 'duration': 6.225}], 'summary': 'Scope management plan created, project documents updated, requirements collection discussed.', 'duration': 42.017, 'max_score': 13626.988, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM13626988.jpg'}, {'end': 13857.418, 'src': 'embed', 'start': 13832.992, 'weight': 9, 'content': [{'end': 13838.756, 'text': 'And obviously decision-making techniques would certainly help in terms of getting opinion from people as well.', 'start': 13832.992, 'duration': 5.764}, {'end': 13842.812, 'text': 'What do I get out of this? I would get the accepted deliverable.', 'start': 13839.491, 'duration': 3.321}, {'end': 13850.395, 'text': 'By the end of this process, I would know whether my customer have already accepted it, considering that this meets acceptance criteria or not.', 'start': 13843.273, 'duration': 7.122}, {'end': 13852.216, 'text': 'Work performance information.', 'start': 13851.056, 'duration': 1.16}, {'end': 13855.177, 'text': 'So work performance information will be one of the output.', 'start': 13852.796, 'duration': 2.381}, {'end': 13857.418, 'text': 'As I mentioned earlier, it will come from the tool.', 'start': 13855.338, 'duration': 2.08}], 'summary': 'Decision-making techniques aid in getting accepted deliverables and work performance information.', 'duration': 24.426, 'max_score': 13832.992, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM13832992.jpg'}, {'end': 13894.615, 'src': 'embed', 'start': 13869.031, 'weight': 4, 'content': [{'end': 13875.157, 'text': 'But there could be change, there could be like based on what you have shown to the customer, customer might just suggest you a few changes.', 'start': 13869.031, 'duration': 6.126}, {'end': 13882.323, 'text': 'So that might be a part of your change request, which will follow the change request cycle, and certain project documents will get updated,', 'start': 13875.637, 'duration': 6.686}, {'end': 13890.631, 'text': 'like lessons learned document or requirements document or even, for that matter, requirement traceability document would also get updated if required.', 'start': 13882.323, 'duration': 8.308}, {'end': 13894.615, 'text': 'So this is what we can expect out of validate scope process.', 'start': 13891.252, 'duration': 3.363}], 'summary': 'Validate scope process may result in change requests and updates to project documents.', 'duration': 25.584, 'max_score': 13869.031, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM13869031.jpg'}, {'end': 14031, 'src': 'embed', 'start': 14004.929, 'weight': 8, 'content': [{'end': 14009.851, 'text': "Is it in line with what I have planned or is it like I'm behind the schedule or ahead of the schedule?", 'start': 14004.929, 'duration': 4.922}, {'end': 14010.751, 'text': 'or how am I doing?', 'start': 14009.851, 'duration': 0.9}, {'end': 14014.413, 'text': "Since we're talking about scope, then how am I doing with respect to the scope?", 'start': 14011.232, 'duration': 3.181}, {'end': 14021.996, 'text': "Change requests if there is any new change that the customer would like to introduce, so that'll definitely be the output,", 'start': 14015.053, 'duration': 6.943}, {'end': 14025.298, 'text': 'which will go to the process where the change is going to be processed.', 'start': 14021.996, 'duration': 3.302}, {'end': 14028.519, 'text': 'Project management plan will get updated if required.', 'start': 14025.798, 'duration': 2.721}, {'end': 14031, 'text': 'Project documents might get updated.', 'start': 14028.979, 'duration': 2.021}], 'summary': 'Project progress and scope are evaluated for updates.', 'duration': 26.071, 'max_score': 14004.929, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM14004929.jpg'}, {'end': 14450.894, 'src': 'embed', 'start': 14426.749, 'weight': 1, 'content': [{'end': 14435.316, 'text': 'maybe the tone in which, if it is a verbal communication, the selection of those specific words and vocabulary while doing a written communication,', 'start': 14426.749, 'duration': 8.567}, {'end': 14439.72, 'text': "and is it should be written in the caps, or it's okay if it is not caps?", 'start': 14435.316, 'duration': 4.404}, {'end': 14441.281, 'text': 'that needs to be understood.', 'start': 14439.72, 'duration': 1.561}, {'end': 14445.625, 'text': 'the way the flow of thoughts happens during the communication, even that needs to be understood.', 'start': 14441.281, 'duration': 4.344}, {'end': 14450.894, 'text': "So all these are individual's quality which has to be built.", 'start': 14446.166, 'duration': 4.728}], 'summary': "Understanding communication nuances is crucial for building individual's quality.", 'duration': 24.145, 'max_score': 14426.749, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM14426749.jpg'}, {'end': 14639.728, 'src': 'embed', 'start': 14616.823, 'weight': 10, 'content': [{'end': 14625.57, 'text': 'project documents like requirements, documentation and stakeholder register, enterprise environmental factors and organizational process assets.', 'start': 14616.823, 'duration': 8.747}, {'end': 14633.18, 'text': 'So tools used during project communication management are expert judgment, communication requirement analysis.', 'start': 14626.13, 'duration': 7.05}, {'end': 14639.728, 'text': 'while discussing with stakeholders, one needs to understand what are the communication requirement that needs to be analyzed,', 'start': 14633.18, 'duration': 6.548}], 'summary': 'Project communication management involves analyzing communication requirements and using tools like expert judgment and communication requirement analysis.', 'duration': 22.905, 'max_score': 14616.823, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM14616823.jpg'}, {'end': 14727.356, 'src': 'embed', 'start': 14706.78, 'weight': 5, 'content': [{'end': 14716.588, 'text': 'create, distribute, store, retrieve, manage, monitor and finally dispose the information related to the project appropriately and timely manner.', 'start': 14706.78, 'duration': 9.808}, {'end': 14727.356, 'text': 'So it is performed throughout the project lifecycle in order to provide an effortless and efficient flow of information from the project team to stakeholders and vice versa.', 'start': 14716.948, 'duration': 10.408}], 'summary': 'Efficiently manage project information for smooth communication and workflow.', 'duration': 20.576, 'max_score': 14706.78, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM14706780.jpg'}, {'end': 14906.564, 'src': 'embed', 'start': 14884.572, 'weight': 7, 'content': [{'end': 14893.837, 'text': 'because project manager is ultimately responsible for ensuring that the project is delivered within the schedule and hence, as I mentioned earlier,', 'start': 14884.572, 'duration': 9.265}, {'end': 14901.401, 'text': 'that the schedule management is one of the most important knowledge areas that we have within the 10 knowledge areas that we talk about.', 'start': 14893.837, 'duration': 7.564}, {'end': 14906.564, 'text': 'so, apart from the other knowledge areas that we cover as a part of the project management, trainings.', 'start': 14901.401, 'duration': 5.163}], 'summary': 'Schedule management is crucial among 10 knowledge areas in project management.', 'duration': 21.992, 'max_score': 14884.572, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM14884572.jpg'}], 'start': 13561.037, 'title': 'Project management processes and communication', 'summary': 'Covers scope management, emphasizing breaking down scope, creating scope baseline, and validating and controlling scope. it also highlights effective project communication management, including understanding stakeholder needs and the dynamic nature of communication requirements throughout a project. additionally, it discusses communication management tools and processes, and emphasizes the importance of project schedule management within project management knowledge areas, and provides an overview of schedule management.', 'chapters': [{'end': 14126.762, 'start': 13561.037, 'title': 'Scope management and control process', 'summary': 'Covers the importance of breaking down scope into manageable work packages, creating scope baseline, and the processes of validating and controlling scope, emphasizing the use of expert judgment, tools, and techniques, and the impact on project documents and communication management.', 'duration': 565.725, 'highlights': ['Breaking down scope into manageable work packages', 'Importance of scope baseline and project document update', 'Validating scope for acceptance criteria', 'Control scope process and monitoring', 'Project communication management overview']}, {'end': 14616.823, 'start': 14127.643, 'title': 'Effective project communication management', 'summary': 'Emphasizes the importance of effective communication management, including the four types of communication, the significance of understanding stakeholder needs, and the dynamic nature of communication requirements throughout a project.', 'duration': 489.18, 'highlights': ['The chapter emphasizes the importance of effective communication management', 'Understanding stakeholder needs is crucial for effective communication management', 'Communication requirements are dynamic and vary throughout a project']}, {'end': 14947.527, 'start': 14616.823, 'title': 'Communication management in projects', 'summary': 'Discusses the importance of communication management in project management, emphasizing the various tools and processes involved, and highlights the significance of project schedule management within the overall project management knowledge areas.', 'duration': 330.704, 'highlights': ['Effective communication management is essential for project success, as many projects fail due to misunderstood or wrong communications.', 'The process of managing communication aims to collect, create, distribute, store, retrieve, manage, monitor, and dispose of project-related information throughout the project lifecycle.', 'The monitor communication process ensures that all project information needs and stakeholder requirements are met, optimizing the flow of information as per the communication management plan.', 'Project schedule management is highlighted as one of the most important knowledge areas in project management, emphasizing the responsibility of the project manager to ensure project delivery within the schedule.']}, {'end': 15339.537, 'start': 14947.527, 'title': 'Effective schedule management overview', 'summary': 'Provides an overview of schedule management, emphasizing the importance of tailoring processes, lifecycle approach, resource availability, and technology support in order to effectively manage project schedules.', 'duration': 392.01, 'highlights': ['Tailoring existing processes for effective implementation is crucial, as emphasized in the PMBOK 6th edition, focusing on making it easy for project teams to implement (Relevance: High)', 'Considering the project life cycle approach, such as adaptive, predictive, hybrid, iterative, or incremental life cycles, is crucial for effective scheduling (Relevance: High)', 'Resource availability, including resource calendar, smoothening, and leveling activities, is essential for tailoring the scheduling process (Relevance: Medium)', 'The role of technology support, such as automation tools and continuous integration, in impacting the duration of activities and various project dimensions, needs to be considered for effective project scheduling (Relevance: Medium)', 'Understanding the various processes involved in schedule management, starting with planning, activity sequencing, and dependency identification, is crucial for effective schedule management (Relevance: Low)']}], 'duration': 1778.5, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM13561037.jpg', 'highlights': ['Tailoring existing processes for effective implementation is crucial, as emphasized in the PMBOK 6th edition, focusing on making it easy for project teams to implement (Relevance: High)', 'Considering the project life cycle approach, such as adaptive, predictive, hybrid, iterative, or incremental life cycles, is crucial for effective scheduling (Relevance: High)', 'Effective communication management is essential for project success, as many projects fail due to misunderstood or wrong communications (Relevance: High)', 'Understanding stakeholder needs is crucial for effective communication management (Relevance: Medium)', 'Communication requirements are dynamic and vary throughout a project (Relevance: Medium)', 'Resource availability, including resource calendar, smoothening, and leveling activities, is essential for tailoring the scheduling process (Relevance: Medium)', 'The role of technology support, such as automation tools and continuous integration, in impacting the duration of activities and various project dimensions, needs to be considered for effective project scheduling (Relevance: Medium)', 'Breaking down scope into manageable work packages (Relevance: Low)', 'Importance of scope baseline and project document update (Relevance: Low)', 'Validating scope for acceptance criteria (Relevance: Low)', 'Control scope process and monitoring (Relevance: Low)', 'Project communication management overview (Relevance: Low)', 'The process of managing communication aims to collect, create, distribute, store, retrieve, manage, monitor, and dispose of project-related information throughout the project lifecycle (Relevance: Low)', 'The monitor communication process ensures that all project information needs and stakeholder requirements are met, optimizing the flow of information as per the communication management plan (Relevance: Low)', 'Project schedule management is highlighted as one of the most important knowledge areas in project management, emphasizing the responsibility of the project manager to ensure project delivery within the schedule (Relevance: Low)', 'Understanding the various processes involved in schedule management, starting with planning, activity sequencing, and dependency identification, is crucial for effective schedule management (Relevance: Low)']}, {'end': 16176.568, 'segs': [{'end': 15617.797, 'src': 'embed', 'start': 15589.213, 'weight': 0, 'content': [{'end': 15592.955, 'text': 'if team wants to refer to the plan and get going.', 'start': 15589.213, 'duration': 3.742}, {'end': 15595.016, 'text': 'I think this is a document that we can look forward to.', 'start': 15592.955, 'duration': 2.061}, {'end': 15596.577, 'text': 'So plan is very important.', 'start': 15595.376, 'duration': 1.201}, {'end': 15600.159, 'text': 'Now to starting with the inputs for each of these processes.', 'start': 15597.037, 'duration': 3.122}, {'end': 15605.462, 'text': "as I mentioned, let's understand for planning part, what kind of input that we can look forward to.", 'start': 15600.159, 'duration': 5.303}, {'end': 15611.848, 'text': "Certainly when we do the project management as a part of the scheduling part, It's important for us to know the scope.", 'start': 15605.882, 'duration': 5.966}, {'end': 15613.911, 'text': 'We are coming up with the schedule.', 'start': 15612.549, 'duration': 1.362}, {'end': 15617.797, 'text': 'Remember that we are working on the project and we are coming up with the project schedule.', 'start': 15614.051, 'duration': 3.746}], 'summary': 'Project planning is crucial; understanding inputs for scheduling and scope is important.', 'duration': 28.584, 'max_score': 15589.213, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM15589213.jpg'}, {'end': 15784.836, 'src': 'embed', 'start': 15749.38, 'weight': 2, 'content': [{'end': 15751.961, 'text': 'How is the overall culture and the structure of the organization??', 'start': 15749.38, 'duration': 2.581}, {'end': 15753.501, 'text': 'Is it too hierarchical structure??', 'start': 15752.041, 'duration': 1.46}, {'end': 15755.366, 'text': 'How is the general culture??', 'start': 15753.885, 'duration': 1.481}, {'end': 15759.129, 'text': 'Is it too inclusive or is it too much process oriented??', 'start': 15755.466, 'duration': 3.663}, {'end': 15760.65, 'text': 'Is it autocratic??', 'start': 15759.649, 'duration': 1.001}, {'end': 15763.012, 'text': 'So what kind of leadership style generally this followed?', 'start': 15760.67, 'duration': 2.342}, {'end': 15767.215, 'text': 'So some of these aspects will also have an impact resource availability.', 'start': 15763.492, 'duration': 3.723}, {'end': 15770.178, 'text': 'What kind of project management software are you using?', 'start': 15767.516, 'duration': 2.662}, {'end': 15773.16, 'text': "There are various example of the PM software's.", 'start': 15770.618, 'duration': 2.542}, {'end': 15778.324, 'text': "some of you may be already using software's like maybe there are softwares from the Microsoft.", 'start': 15773.16, 'duration': 5.164}, {'end': 15784.836, 'text': 'So MS project could be one of the example or there is prime vera or clarity is there from CA.', 'start': 15778.812, 'duration': 6.024}], 'summary': 'Transcript covers questions on organizational culture, leadership style, and project management software usage.', 'duration': 35.456, 'max_score': 15749.38, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM15749380.jpg'}, {'end': 15882.596, 'src': 'embed', 'start': 15844.825, 'weight': 1, 'content': [{'end': 15847.706, 'text': 'So these are some of the inputs that we can look forward to.', 'start': 15844.825, 'duration': 2.881}, {'end': 15857.296, 'text': 'what kind of a tools and techniques can we use on this expert judgment So we can engage people who have got previous experience of doing the schedule management and take their inputs?', 'start': 15847.706, 'duration': 9.59}, {'end': 15858.977, 'text': 'We can analyze the data.', 'start': 15857.736, 'duration': 1.241}, {'end': 15863.64, 'text': 'We can analyze the data and this data could be basically the alternative analysis.', 'start': 15859.377, 'duration': 4.263}, {'end': 15865.582, 'text': 'So for example, make or buy decisions.', 'start': 15863.7, 'duration': 1.882}, {'end': 15871.628, 'text': 'So, if we have the problem statement, if you have the context of the project,', 'start': 15866.144, 'duration': 5.484}, {'end': 15878.713, 'text': "then obviously the kind of solution that is being agreed that will also have an impact on the planning that you're doing for the schedule management.", 'start': 15871.628, 'duration': 7.085}, {'end': 15882.596, 'text': 'So we have to analyze the data or reserves analysis could be one example.', 'start': 15878.954, 'duration': 3.642}], 'summary': 'Utilize expert judgment and data analysis for schedule management decisions.', 'duration': 37.771, 'max_score': 15844.825, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM15844825.jpg'}], 'start': 15339.977, 'title': 'Project schedule management', 'summary': 'Covers techniques like estimation, expert judgment, and decomposition in project schedule management, leading to the creation of the schedule management plan, including aspects like schedule model, level of accuracy, and control threshold.', 'chapters': [{'end': 15825.099, 'start': 15339.977, 'title': 'Schedule management in project management', 'summary': 'Explains the process of schedule management, including planning, sequencing, and estimating activities, with an emphasis on inputs such as project scope, project charter, and enterprise environmental factors, and their impact on deriving the overall project schedule.', 'duration': 485.122, 'highlights': ['The process of schedule management involves planning, sequencing, and estimating activities, with a focus on documenting various assumptions and factors to come up with the project schedule.', 'Inputs for planning include project scope, project charter, and enterprise environmental factors, which impact the overall schedule of the project.', 'Factors affecting the project schedule include resource availability, technology, project dimensions, cultural aspects of the organization, and leadership styles, all of which need to be considered during the planning phase.', 'Organizational process assets (OPAs) provide historical information about projects and are important input factors in various processes.']}, {'end': 16176.568, 'start': 15825.299, 'title': 'Project schedule management', 'summary': 'Discusses the importance of data in project schedule management, including techniques like estimation, expert judgment, and decomposition, leading to the creation of the schedule management plan, which includes aspects like schedule model, level of accuracy, unit of measurement, control threshold, schedule variations, and organizational procedures links.', 'duration': 351.269, 'highlights': ['The creation of the schedule management plan involves considering the schedule model, level of accuracy, unit of measurement, control threshold, schedule variations, and organizational procedures links.', 'The importance of data in project schedule management is emphasized, including techniques like analogous estimation, historical estimation, parametric estimation, and expert judgment.', 'The process of defining activities involves referring to the project management plan, internal and external factors, and using the technique of decomposition.']}], 'duration': 836.591, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM15339977.jpg', 'highlights': ['The creation of the schedule management plan involves considering the schedule model, level of accuracy, unit of measurement, control threshold, schedule variations, and organizational procedures links.', 'The process of schedule management involves planning, sequencing, and estimating activities, with a focus on documenting various assumptions and factors to come up with the project schedule.', 'The importance of data in project schedule management is emphasized, including techniques like analogous estimation, historical estimation, parametric estimation, and expert judgment.', 'Factors affecting the project schedule include resource availability, technology, project dimensions, cultural aspects of the organization, and leadership styles, all of which need to be considered during the planning phase.', 'The process of defining activities involves referring to the project management plan, internal and external factors, and using the technique of decomposition.', 'Inputs for planning include project scope, project charter, and enterprise environmental factors, which impact the overall schedule of the project.', 'Organizational process assets (OPAs) provide historical information about projects and are important input factors in various processes.']}, {'end': 18657.471, 'segs': [{'end': 16679.282, 'src': 'embed', 'start': 16646.969, 'weight': 3, 'content': [{'end': 16649.95, 'text': 'And sometimes there are activities which we can start in parallel as well.', 'start': 16646.969, 'duration': 2.981}, {'end': 16654.151, 'text': "So one of the quick example could be you're working on a high level design and the low level design.", 'start': 16650.009, 'duration': 4.142}, {'end': 16659.373, 'text': "So you have a high level design in hand, but I'm sure you know, you can also start working on the low level design.", 'start': 16654.412, 'duration': 4.961}, {'end': 16664.755, 'text': 'So that means you have got a lead and you can actually start three days early or two days early.', 'start': 16659.754, 'duration': 5.001}, {'end': 16671.777, 'text': 'So those things also actually helps later on, when we decide about fast tracking and crashing of the project,', 'start': 16664.814, 'duration': 6.963}, {'end': 16673.718, 'text': "and I'm going to talk about that as we proceed.", 'start': 16671.777, 'duration': 1.941}, {'end': 16679.282, 'text': 'What do we get by the end of it? obviously we should be getting the list of activities which are sequenced.', 'start': 16674.139, 'duration': 5.143}], 'summary': 'Starting parallel activities can help lead to early start, aiding fast tracking and project crashing.', 'duration': 32.313, 'max_score': 16646.969, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM16646969.jpg'}, {'end': 16763.306, 'src': 'embed', 'start': 16732.994, 'weight': 4, 'content': [{'end': 16736.519, 'text': 'We have also sequenced those activities and created the network diagram.', 'start': 16732.994, 'duration': 3.525}, {'end': 16740.463, 'text': "That's where we are and now we have to estimate the activity duration.", 'start': 16736.979, 'duration': 3.484}, {'end': 16746.109, 'text': 'So this is where essentially we come up with the time period required for each of the activities.', 'start': 16740.762, 'duration': 5.347}, {'end': 16748.761, 'text': 'So if I have this list of activities,', 'start': 16746.621, 'duration': 2.14}, {'end': 16756.364, 'text': 'then I can easily come up with a time period that is required for conducting surveys or for preparing the market research findings.', 'start': 16748.761, 'duration': 7.603}, {'end': 16763.306, 'text': 'I would need maybe 12 hours or for consolidated analyzed data, I would need maybe 18 hours.', 'start': 16756.784, 'duration': 6.522}], 'summary': 'Estimated activity durations: 12 hours for conducting surveys, 18 hours for analyzing data.', 'duration': 30.312, 'max_score': 16732.994, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM16732993.jpg'}, {'end': 16874.276, 'src': 'embed', 'start': 16841.682, 'weight': 0, 'content': [{'end': 16843.284, 'text': 'Okay Thank you for the confirmation.', 'start': 16841.682, 'duration': 1.602}, {'end': 16850.449, 'text': 'Moving to the next part, which is another input, is of course some of the documents which we need to refer to, like activity attributes,', 'start': 16843.803, 'duration': 6.646}, {'end': 16856.734, 'text': "because when I'm doing the estimation I need to refer to the characteristics, attributes of the activities, list of activities.", 'start': 16850.449, 'duration': 6.285}, {'end': 16858.875, 'text': 'any assumption around the activity will help.', 'start': 16856.734, 'duration': 2.141}, {'end': 16860.417, 'text': 'any past lessons will help.', 'start': 16858.875, 'duration': 1.542}, {'end': 16865.221, 'text': 'while estimating the duration, of course, the list of milestones which will help us right.', 'start': 16860.417, 'duration': 4.804}, {'end': 16869.084, 'text': 'so, if I know this particular milestone has to be completed by this particular date.', 'start': 16865.221, 'duration': 3.863}, {'end': 16874.276, 'text': 'I need to then find out whether I can fit that into the schedule or not.', 'start': 16869.585, 'duration': 4.691}], 'summary': 'Estimation requires referencing activity attributes, assumptions, past lessons, and milestones for scheduling.', 'duration': 32.594, 'max_score': 16841.682, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM16841682.jpg'}], 'start': 16176.868, 'title': 'Project management techniques', 'summary': 'Covers the use of project management information systems (pmis) and knowledge repositories for activity decomposition and planning, techniques like decomposition, rolling wave planning, and sequence activities for project schedule management, tools like clarity, workbench, and sequencing activities in project management, project integration management, and the process of developing a project management plan.', 'chapters': [{'end': 16216.861, 'start': 16176.868, 'title': 'Activity definition and planning tools', 'summary': 'Discusses the use of project management information systems (pmis) like ms projects, primavera, or clarity to aid in activity decomposition and planning, as well as the utilization of knowledge repositories for insights into activity definitions and informal planning activities.', 'duration': 39.993, 'highlights': ['The use of Project Management Information Systems (PMIS) like MS Projects, Primavera, or Clarity can aid in activity decomposition and planning.', 'Utilizing knowledge repositories can provide insights into activity definitions and informal planning activities.']}, {'end': 16511.408, 'start': 16217.081, 'title': 'Project schedule management techniques', 'summary': 'Discusses techniques like decomposition, rolling wave planning, and sequence activities to break down work packages, plan in detail for a short period and at a high-level for the rest, and sequence activities based on project plan, scope baseline, and activity attributes.', 'duration': 294.327, 'highlights': ['The chapter discusses the technique of decomposition to break down work packages into various activities, aiding in estimating the duration and identifying key milestones for the project.', 'The concept of rolling wave planning is explained, involving detailed planning for a short period based on available information and high-level planning for the rest of the time period.', 'The process of sequencing activities is discussed, emphasizing the importance of referencing the project plan, scope baseline, activity attributes, assumption log, and milestone list as inputs.']}, {'end': 17140.314, 'start': 16511.628, 'title': 'Project schedule development', 'summary': 'Covers the use of tools like clarity, workbench, and sequencing activities in project management, emphasizing the precedence diagramming method as the most important technique, and discusses the estimation of activity durations, techniques for estimation, and the basis of estimation.', 'duration': 628.686, 'highlights': ['The Precedence Diagramming Method is the most important technique for sequencing activities, allowing activities to be put into sequence and depicted in a diagrammatic manner, aiding in understanding dependencies and sequencing better.', 'The estimation of activity durations involves coming up with time periods required for each activity, using inputs such as the project management plan, activity attributes, and enterprise environmental factors like productivity metrics and team member locations.', 'The basis of estimation involves documenting the assumptions and considerations for estimating activity durations, while the development of the project schedule is derived from the list of activities and network diagram created during the sequencing process.']}, {'end': 17484.493, 'start': 17140.314, 'title': 'Developing project schedule', 'summary': 'Covers the factors and techniques involved in developing a project schedule, including the critical path method, resource optimization, schedule compression techniques like fast tracking and crashing, and agile release plans.', 'duration': 344.179, 'highlights': ['The critical path method involves identifying the activities that need to be completed one by one without any float, which is essential for determining the minimum time required to complete the project.', 'Resource optimization focuses on effectively utilizing resources to enhance productivity on the project.', 'Schedule compression techniques like fast tracking and crashing are discussed, where fast tracking involves working on activities in parallel and crashing involves adding more people to activities to expedite the schedule, albeit with increased risk.', 'Agile release plans are mentioned as a way to deploy releases quarterly, monthly, or at the end of every sprint, depending on technical readiness and team capabilities.', 'The chapter emphasizes the importance of referring to project documents, such as the activity list, assumption log, and milestone list, as well as the scope baseline and organizational process assets for controlling the project schedule.']}, {'end': 18236.466, 'start': 17484.963, 'title': 'Project integration management', 'summary': 'Provides insights into project integration management, including key processes, tools, and techniques, as well as the importance of work performance data and project governance, with a focus on the development of project charter and project management plan.', 'duration': 751.503, 'highlights': ['The chapter provides insights into project integration management, including key processes, tools, and techniques', 'Importance of work performance data and project governance', 'Focus on the development of project charter and project management plan']}, {'end': 18657.471, 'start': 18237.347, 'title': 'Project management plan development', 'summary': 'Explains the process of developing a project management plan, which consolidates all subsidiary plans, acts as a roadmap, and enhances project success. it also details the process of direct and manage project work, outlining the inputs, tools, and outputs involved.', 'duration': 420.124, 'highlights': ['The project management plan acts as a roadmap for all team members and provides clear objectives, becoming the ultimate reference during project execution.', 'Direct and manage project work process increases the probability of project success and elevates deliverable quality throughout the project lifecycle.', 'Inputs to direct and manage project work include project management plan, project documents, project schedule requirements, and approved change requests.']}], 'duration': 2480.603, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM16176868.jpg', 'highlights': ['The use of Project Management Information Systems (PMIS) like MS Projects, Primavera, or Clarity can aid in activity decomposition and planning.', 'The Precedence Diagramming Method is the most important technique for sequencing activities, allowing activities to be put into sequence and depicted in a diagrammatic manner, aiding in understanding dependencies and sequencing better.', 'The critical path method involves identifying the activities that need to be completed one by one without any float, which is essential for determining the minimum time required to complete the project.', 'The chapter provides insights into project integration management, including key processes, tools, and techniques.', 'The project management plan acts as a roadmap for all team members and provides clear objectives, becoming the ultimate reference during project execution.']}, {'end': 20695.498, 'segs': [{'end': 19221.84, 'src': 'embed', 'start': 19198.426, 'weight': 3, 'content': [{'end': 19205.531, 'text': 'if you look at the outputs very closely, the input was change request, whereas approved change request is an output,', 'start': 19198.426, 'duration': 7.105}, {'end': 19209.313, 'text': 'which means all those requests which are raised are checked.', 'start': 19205.531, 'duration': 3.782}, {'end': 19215.076, 'text': 'and, if you recall, approved change request was input to direct and manage project work,', 'start': 19209.313, 'duration': 5.763}, {'end': 19221.84, 'text': 'which i explained from where that particular approved change request will come as an input to direct and manage project work.', 'start': 19215.076, 'duration': 6.764}], 'summary': 'Approved change requests are inputs to direct and manage project work, ensuring all raised requests are checked.', 'duration': 23.414, 'max_score': 19198.426, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM19198426.jpg'}, {'end': 19592.732, 'src': 'embed', 'start': 19563.932, 'weight': 2, 'content': [{'end': 19569.036, 'text': 'So procurement, when I say, we may also go for human resources, for temporary period, human resources.', 'start': 19563.932, 'duration': 5.104}, {'end': 19575.101, 'text': 'If you can think about civil construction project, a concrete mixer can be one which is outsourced to me.', 'start': 19569.797, 'duration': 5.304}, {'end': 19577.763, 'text': "I'm procuring on a time and material basis.", 'start': 19575.121, 'duration': 2.642}, {'end': 19579.204, 'text': 'That is also another possibility.', 'start': 19577.923, 'duration': 1.281}, {'end': 19582.266, 'text': 'Raw material required for my project, I am procuring.', 'start': 19579.824, 'duration': 2.442}, {'end': 19592.732, 'text': "So it's all about identifying all those resources, the products or services for my project, and what is that I'm going to procure?", 'start': 19582.99, 'duration': 9.742}], 'summary': 'Procuring various resources including human resources, concrete mixer, raw material for projects.', 'duration': 28.8, 'max_score': 19563.932, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM19563932.jpg'}, {'end': 20198.3, 'src': 'embed', 'start': 20169.76, 'weight': 1, 'content': [{'end': 20172.662, 'text': 'Then data analysis, bidder conferences.', 'start': 20169.76, 'duration': 2.902}, {'end': 20176.765, 'text': 'Bidder conferences are held to clarify any doubts,', 'start': 20173.283, 'duration': 3.482}, {'end': 20183.05, 'text': 'any clarifications which are there with a specific seller before they submit the response to the RFP.', 'start': 20176.765, 'duration': 6.285}, {'end': 20183.73, 'text': 'a proposal.', 'start': 20183.05, 'duration': 0.68}, {'end': 20184.411, 'text': 'before they submit', 'start': 20183.73, 'duration': 0.681}, {'end': 20190.556, 'text': 'then interpersonal and team skills which are essential while conducting procurement.', 'start': 20185.313, 'duration': 5.243}, {'end': 20198.3, 'text': 'so outputs of this process conduct procurement would be selected sellers, identified sellers, the finalized one,', 'start': 20190.556, 'duration': 7.744}], 'summary': 'Bidder conferences clarify doubts before submitting rfp; essential interpersonal and team skills for procurement. outputs include selected and finalized sellers.', 'duration': 28.54, 'max_score': 20169.76, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM20169760.jpg'}, {'end': 20486.292, 'src': 'embed', 'start': 20455.885, 'weight': 0, 'content': [{'end': 20463.751, 'text': 'But the dynamics with this human resources changes based on the what kind of skills and capability and experiences that resource will have in a given project.', 'start': 20455.885, 'duration': 7.866}, {'end': 20467.207, 'text': "Similarly, when it's an IT project, you need to work on applications.", 'start': 20464.406, 'duration': 2.801}, {'end': 20470.848, 'text': 'You need to work on network devices, infrastructure components.', 'start': 20467.287, 'duration': 3.561}, {'end': 20474.869, 'text': "But when it's a civil construction, you're all not working with those IT components.", 'start': 20471.408, 'duration': 3.461}, {'end': 20478.01, 'text': "Instead, we're speaking about cement, brick, sand, etc.", 'start': 20474.969, 'duration': 3.041}, {'end': 20486.292, 'text': 'So even quantifying those resources and acquiring those resources and utilizing those resources in a given project is very essential.', 'start': 20478.69, 'duration': 7.602}], 'summary': 'Resource dynamics vary based on project type, like it or civil construction, with distinct skill sets and materials.', 'duration': 30.407, 'max_score': 20455.885, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM20455885.jpg'}], 'start': 18657.471, 'title': 'Project management essentials', 'summary': 'Covers project knowledge management, monitoring, and control processes, procurement management, and resource management, emphasizing the importance of these processes and their impact on project success. it also highlights new processes introduced in the sixth edition of pmbok, emphasizing data analysis and expert judgment in decision making, procurement considerations, and the significance of emotional intelligence in managing project teams.', 'chapters': [{'end': 18960.367, 'start': 18657.471, 'title': 'Project knowledge management and monitoring process', 'summary': 'Explains the importance of managing project knowledge, emphasizing the new process introduced in the sixth edition of pmbok, and the significance of monitoring and controlling project work throughout the project lifecycle in nine knowledge areas.', 'duration': 302.896, 'highlights': ['The process of managing project knowledge is a new addition from the sixth edition of PMBOK, defined by PMI, to ensure the integrity and availability of project knowledge, thereby enhancing project results and leveraging organizational knowledge.', 'The knowledge management process involves updating and correcting current knowledge, which majorly helps in leveraging organizational knowledge and improving project results.', 'The monitoring and controlling project work process helps in ensuring that all deliverables are according to the defined performance objectives in the project management plan and provides a guide for the project manager to ensure the project is on schedule, within budget, and utilizing resources according to the defined agreements.']}, {'end': 19376.43, 'start': 18961.208, 'title': 'Project monitoring and control', 'summary': 'Explains the inputs, tools, and outputs of the project monitoring and control process, including the perform integrated change control and close project or phase processes, emphasizing the importance of data analysis and expert judgment in decision making.', 'duration': 415.222, 'highlights': ["The importance of collecting and processing work performance data to understand the project's progress and take necessary actions, with outputs including work performance reports and change requests.", 'The perform integrated change control process involves reviewing change requests, assessing risks, and updating project documents, with outputs such as approved change requests and project plan updates.', 'The close project or phase process includes activities like preservation of project information, completion of planned work, and the release of involved resources, with outputs including project document updates and final product transition.']}, {'end': 20119.327, 'start': 19377.361, 'title': 'Project procurement management', 'summary': 'Discusses the importance of procurement management in projects, emphasizing the need to make decisions on what to procure and what to make, the considerations and processes involved in procurement management, and the key processes of plan procurement management, conduct procurements, and control procurements.', 'duration': 741.966, 'highlights': ['The chapter discusses the importance of procurement management in projects, emphasizing the need to make decisions on what to procure and what to make.', 'Considerations and processes involved in procurement management include understanding trends, risks, changing contracting processes, logistics and supply chain management, technology, stakeholder relations, and tailoring considerations.', 'Key processes of plan procurement management, conduct procurements, and control procurements are essential in project procurement management.']}, {'end': 20379.11, 'start': 20119.327, 'title': 'Procurement management overview', 'summary': 'Covers the procurement process, including request for proposal, bidder conferences, change requests, and control procurement, ensuring managed vendor relations and contract performance, with inputs including project management plan, project documents, agreements, and procurement documents, and outputs like closed procurements, work performance information, and procurement documentation updates.', 'duration': 259.783, 'highlights': ['The chapter covers the procurement process, including request for proposal, bidder conferences, change requests, and control procurement, ensuring managed vendor relations and contract performance, with inputs including project management plan, project documents, agreements, and procurement documents, and outputs like closed procurements, work performance information, and procurement documentation updates.', 'The process conducts the procurement using tools and techniques like expert judgment, advertising, data analysis, and bidder conferences, held to clarify doubts before sellers submit their response to the RFP.', 'Control procurement ensures that procured relations are managed as defined, and appropriate necessary modifications are made to bring the contract performance back to the required level throughout the project lifecycle, with inputs involving project management plan, project documents, agreements, and procurement documents, and outputs like closed procurements, work performance information, and procurement documentation updates.', 'The tools used as part of the control procurement process include expert judgment, claims administration, data analysis, inspection, and audits, with outputs such as closed procurements, work performance information, procurement documentation updates, and change requests, ensuring that any identified deviation is addressed and updated to project management plan, project documents, and organizational process assets.']}, {'end': 20695.498, 'start': 20379.11, 'title': 'Project resource management overview', 'summary': 'Discusses the processes of identifying, acquiring, and managing resources, including human resources, technology resources, and industry-specific resources, for successful project completion. it also emphasizes the importance of emotional intelligence in managing project teams and the emergence of self-organizing and distributed teams in response to market needs.', 'duration': 316.388, 'highlights': ['The importance of emotional intelligence for project managers in engaging with project team members, customers, suppliers, and sponsors, and the need for different leadership styles based on the project context.', 'The emergence of self-organizing teams in response to the changing needs of businesses, quick market responses, and the focus on user experience and value realization.', 'Considerations for managing diverse resources, including tailoring approaches based on geographical locations, cultural differences, industry-specific needs, and the acquisition of team members with the right skills and capabilities.']}], 'duration': 2038.027, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM18657471.jpg', 'highlights': ['The process of managing project knowledge is a new addition from the sixth edition of PMBOK, defined by PMI, to ensure the integrity and availability of project knowledge, thereby enhancing project results and leveraging organizational knowledge.', 'The importance of emotional intelligence for project managers in engaging with project team members, customers, suppliers, and sponsors, and the need for different leadership styles based on the project context.', "The importance of collecting and processing work performance data to understand the project's progress and take necessary actions, with outputs including work performance reports and change requests.", 'The chapter discusses the importance of procurement management in projects, emphasizing the need to make decisions on what to procure and what to make.', 'The monitoring and controlling project work process helps in ensuring that all deliverables are according to the defined performance objectives in the project management plan and provides a guide for the project manager to ensure the project is on schedule, within budget, and utilizing resources according to the defined agreements.']}, {'end': 22007.778, 'segs': [{'end': 21070.764, 'src': 'embed', 'start': 21038.464, 'weight': 3, 'content': [{'end': 21039.325, 'text': 'with this,', 'start': 21038.464, 'duration': 0.861}, {'end': 21050.214, 'text': 'one can pinpoint that what type of resources project needs and in what amounts means quantity and what should be their characteristics in order to finish the project successfully.', 'start': 21039.325, 'duration': 10.889}, {'end': 21061.183, 'text': 'so estimate activity resources this can be done only after creation of WBS structure and also schedule management sequences which activity has to be done after what.', 'start': 21050.214, 'duration': 10.969}, {'end': 21070.764, 'text': 'So because of this sequencing, while estimating the resources, one should also enable to know when is this resources required, not just what resource,', 'start': 21061.917, 'duration': 8.847}], 'summary': 'Estimate resources based on wbs and schedule to finish project successfully.', 'duration': 32.3, 'max_score': 21038.464, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM21038464.jpg'}, {'end': 21469.279, 'src': 'embed', 'start': 21446.345, 'weight': 7, 'content': [{'end': 21453.667, 'text': 'interpersonal and team skills recognition and rewards, training, individual and team assignments meetings.', 'start': 21446.345, 'duration': 7.322}, {'end': 21457.788, 'text': 'When we say co-location, people exist in various different locations in the globe.', 'start': 21454.227, 'duration': 3.561}, {'end': 21459.669, 'text': 'So there needs a lot of interactions.', 'start': 21458.208, 'duration': 1.461}, {'end': 21466.417, 'text': 'so formal communication should be increased there so that the transaction, the clarity which needs to be provided to the team,', 'start': 21460.393, 'duration': 6.024}, {'end': 21469.279, 'text': 'will be easier and more and more connects.', 'start': 21466.417, 'duration': 2.862}], 'summary': 'Improving formal communication for global co-located teams to enhance interaction and clarity.', 'duration': 22.934, 'max_score': 21446.345, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM21446345.jpg'}, {'end': 21533.118, 'src': 'embed', 'start': 21507.024, 'weight': 0, 'content': [{'end': 21512.748, 'text': "so, while engaging with the teams, it's very essential the project manager should possess that leadership traits,", 'start': 21507.024, 'duration': 5.724}, {'end': 21515.19, 'text': 'leadership qualities to connect with the team and influence them.', 'start': 21512.748, 'duration': 2.442}, {'end': 21517.229, 'text': 'so recognition and rewards.', 'start': 21515.888, 'duration': 1.341}, {'end': 21519.91, 'text': 'so recognition and rewards helps to motivate.', 'start': 21517.229, 'duration': 2.681}, {'end': 21524.113, 'text': 'so this will also help in terms of showing that quick wins happening in the project.', 'start': 21519.91, 'duration': 4.203}, {'end': 21528.175, 'text': 'so providing the training whenever is required on the specific areas.', 'start': 21524.113, 'duration': 4.062}, {'end': 21533.118, 'text': 'maybe a soft skills, maybe technology specific, maybe specific skill acquiring.', 'start': 21528.175, 'duration': 4.943}], 'summary': "Project manager's leadership and recognition drive team motivation and quick wins. training on specific skills is essential.", 'duration': 26.094, 'max_score': 21507.024, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM21507024.jpg'}, {'end': 21737.779, 'src': 'embed', 'start': 21709.631, 'weight': 6, 'content': [{'end': 21713.792, 'text': 'these are the number of resources which are required at any given point in time,', 'start': 21709.631, 'duration': 4.161}, {'end': 21719.553, 'text': 'because we took that estimating the resources based on what activities are identified and how they are sequenced.', 'start': 21713.792, 'duration': 5.761}, {'end': 21722.471, 'text': 'So we refer to that scope and schedule.', 'start': 21720.29, 'duration': 2.181}, {'end': 21724.112, 'text': 'Accordingly, estimation happened.', 'start': 21722.791, 'duration': 1.321}, {'end': 21730.936, 'text': 'So an actual scenario is that utilization is happening accordingly or is there any variations, increase or decreased.', 'start': 21724.612, 'duration': 6.324}, {'end': 21735.158, 'text': 'Subsequently, if any deviations found, necessary corrective actions needs to be taken.', 'start': 21731.696, 'duration': 3.462}, {'end': 21737.779, 'text': 'For that, that corrective actions needs to be triggered.', 'start': 21735.278, 'duration': 2.501}], 'summary': 'Estimating resources based on activities and schedule, monitoring utilization and taking corrective actions if deviations found.', 'duration': 28.148, 'max_score': 21709.631, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM21709631.jpg'}, {'end': 21886.267, 'src': 'embed', 'start': 21845.318, 'weight': 1, 'content': [{'end': 21846.919, 'text': 'Is it fit for use or not??', 'start': 21845.318, 'duration': 1.601}, {'end': 21848.6, 'text': 'Is it fit for purpose or not??', 'start': 21847.179, 'duration': 1.421}, {'end': 21851.278, 'text': 'Does it meet the customer requirements or not?', 'start': 21849.096, 'duration': 2.182}, {'end': 21854.92, 'text': 'So, ultimately, we need to make sure that we check on that.', 'start': 21851.618, 'duration': 3.302}, {'end': 21863.306, 'text': 'So whether that project meets the needs it was originally created to meet and that is what is ensured by the quality management.', 'start': 21855.401, 'duration': 7.905}, {'end': 21873.254, 'text': 'It also ensures that all project activities that are necessary for designing, planning, implementing a project, are effective and efficient,', 'start': 21863.787, 'duration': 9.467}, {'end': 21880.225, 'text': 'and that is ensured by following the quality management as one of the important plans that we create on the project.', 'start': 21873.254, 'duration': 6.971}, {'end': 21886.267, 'text': "So let's understand bit more around quality management as a concept when we work on the project.", 'start': 21880.845, 'duration': 5.422}], 'summary': 'Quality management ensures meeting customer needs and project efficiency.', 'duration': 40.949, 'max_score': 21845.318, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM21845318.jpg'}], 'start': 20695.498, 'title': 'Project management essentials', 'summary': 'Covers project life cycles, resource management in project planning, and project management insights, emphasizing the importance of understanding resource management processes, team development, and continuous verification.', 'chapters': [{'end': 20898.825, 'start': 20695.498, 'title': 'Project life cycle and resource management', 'summary': 'Discusses the life cycles of both a product and a project, emphasizing the importance of understanding resource management processes and their distribution across various process groups.', 'duration': 203.327, 'highlights': ['Understanding the life cycles of both a product and a project is crucial, as it impacts resource management processes and distribution across various process groups.', 'Resource management processes are distributed across various process groups, including planning, executing, and managing and controlling.', 'The planned resource management process involves understanding the type and complexity of resources required, including human, technology, and facilities resources.']}, {'end': 21507.024, 'start': 20898.825, 'title': 'Resource management in project planning', 'summary': 'Discusses the process of resource management in project planning, including inputs, tools, and outputs, emphasizing the importance of team development and resource acquisition throughout the project lifecycle.', 'duration': 608.199, 'highlights': ['The process of resource management includes inputs such as project management plan, project documents, and organizational process assets, with a focus on estimating resource requirements and acquiring necessary resources for successful project delivery.', 'The outputs of the resource management process include resource requirements, basis of estimates, resource breakdown structure, and project document updates, crucial for understanding resource needs and justifying estimations.', 'The development of team bonding, rewarding work assignments, future opportunities, and career development is essential in enhancing overall team performance, intensifying teamwork, improving interpersonal skills, motivating the team, and reducing iterations throughout the project lifecycle.']}, {'end': 22007.778, 'start': 21507.024, 'title': 'Project management insights', 'summary': 'Discusses the importance of leadership traits, recognition, rewards, training, individual and team assessments, managed team process, conflict management, resource control, and precision in quality management within the project, emphasizing the need for continuous verification and setting tolerance limits for the outcome.', 'duration': 500.754, 'highlights': ['Leadership traits, recognition, rewards, and training', 'Managed team process and conflict management', 'Resource control and precision in quality management', 'Continuous verification and setting tolerance limits']}], 'duration': 1312.28, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM20695498.jpg', 'highlights': ['Understanding the life cycles of a product and a project impacts resource management processes.', 'Resource management processes are distributed across planning, executing, and managing and controlling.', 'Planned resource management involves understanding human, technology, and facilities resources.', 'The resource management process includes inputs like project management plan and organizational process assets.', 'Outputs of resource management process include resource requirements and project document updates.', 'Team bonding, rewarding work assignments, and career development enhance overall team performance.', 'Leadership traits, recognition, rewards, and training are essential for team management.', 'Continuous verification and setting tolerance limits are crucial for quality management.']}, {'end': 23357.607, 'segs': [{'end': 22491.659, 'src': 'embed', 'start': 22464.03, 'weight': 11, 'content': [{'end': 22466.992, 'text': "What's my commitment to manage quality on my project?", 'start': 22464.03, 'duration': 2.962}, {'end': 22474.375, 'text': 'And once I give that commitment through this plan, then I have to execute that plan, and that execution is about managing quality.', 'start': 22467.452, 'duration': 6.923}, {'end': 22480.338, 'text': "And once I start executing, I have to also check whether I'm executing it as for the plan or not,", 'start': 22474.716, 'duration': 5.622}, {'end': 22482.88, 'text': "and that's where the control aspect comes into picture.", 'start': 22480.338, 'duration': 2.542}, {'end': 22487.522, 'text': 'So we have planning quality management managing quality and control quality.', 'start': 22483.34, 'duration': 4.182}, {'end': 22491.659, 'text': 'three processes that are embedded as a part of the quality management.', 'start': 22487.898, 'duration': 3.761}], 'summary': 'Project involves managing quality through planning, execution, and control processes.', 'duration': 27.629, 'max_score': 22464.03, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM22464030.jpg'}, {'end': 22610.641, 'src': 'embed', 'start': 22588.321, 'weight': 1, 'content': [{'end': 22596.223, 'text': 'because project charter will certainly give us an idea about those initial high-level requirements that will come from the project charter and,', 'start': 22588.321, 'duration': 7.902}, {'end': 22601.504, 'text': "as we just now understood, about quality, that it's about fit for use, fit for purpose,", 'start': 22596.223, 'duration': 5.281}, {'end': 22607.025, 'text': "and it's about ensuring that we deliver the requirements that we have agreed upon with customers.", 'start': 22601.504, 'duration': 5.521}, {'end': 22610.641, 'text': 'So those initial requirements will certainly come from the project Charter.', 'start': 22607.438, 'duration': 3.203}], 'summary': 'Project charter provides initial high-level requirements and ensures delivery of agreed-upon requirements with customers.', 'duration': 22.32, 'max_score': 22588.321, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM22588321.jpg'}, {'end': 22950.605, 'src': 'embed', 'start': 22908.567, 'weight': 0, 'content': [{'end': 22917.851, 'text': 'in order to ensure that we inspect the deliverable or a service that we are giving to our customers, and there could be various ways, as we all know,', 'start': 22908.567, 'duration': 9.284}, {'end': 22924.793, 'text': 'like alpha and beta releases that we do in the market these days, or the various inspections that we do, or, for that matter,', 'start': 22917.851, 'duration': 6.942}, {'end': 22926.794, 'text': 'the field test could be another simple example.', 'start': 22924.793, 'duration': 2.001}, {'end': 22929.893, 'text': 'And then we have meetings which is pretty straightforward to understand.', 'start': 22927.332, 'duration': 2.561}, {'end': 22936.117, 'text': 'So these inputs in terms of the different tools and techniques would certainly help us in putting together the plan.', 'start': 22930.194, 'duration': 5.923}, {'end': 22944.141, 'text': 'Obviously, what do we expect by the end of this? We certainly expect outcome of this process would be the quality management plan itself.', 'start': 22936.497, 'duration': 7.644}, {'end': 22950.605, 'text': "We'll also be able to gather some quality metric in terms of now we can certainly think of as part of the quality metric.", 'start': 22944.542, 'duration': 6.063}], 'summary': 'Various ways of inspecting deliverables include alpha and beta releases, inspections, field tests, and meetings to gather quality metrics for the quality management plan.', 'duration': 42.038, 'max_score': 22908.567, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM22908567.jpg'}, {'end': 23108.618, 'src': 'embed', 'start': 23078.339, 'weight': 4, 'content': [{'end': 23082.421, 'text': 'Now what will come out of the project management plan is the quality management plan,', 'start': 23078.339, 'duration': 4.082}, {'end': 23089.183, 'text': 'because quality management plan is the subsidiary management plan which is a part of your project management plan.', 'start': 23082.421, 'duration': 6.762}, {'end': 23091.184, 'text': 'So that will come in project document.', 'start': 23089.544, 'duration': 1.64}, {'end': 23099.047, 'text': "So as we've already spoke about the various examples of the project documents that we can think of and not only that now project document.", 'start': 23091.244, 'duration': 7.803}, {'end': 23103.489, 'text': "I've already gave you a few examples like it could also include like assumption log.", 'start': 23099.127, 'duration': 4.362}, {'end': 23108.618, 'text': "I've told you or for that matter the traceability metrics or the stakeholder list Etc.", 'start': 23103.569, 'duration': 5.049}], 'summary': 'Quality management plan is a part of project document and includes items like assumption log and stakeholder list.', 'duration': 30.279, 'max_score': 23078.339, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM23078339.jpg'}], 'start': 22007.778, 'title': 'Quality management in projects', 'summary': 'Covers topics such as quality assurance, customer acceptance, and management overview, emphasizing continuous validation, exceeding tolerance limits, customer satisfaction, planning, execution, and the use of various tools and techniques in maintaining quality. it also highlights the importance of managing and controlling quality in project management.', 'chapters': [{'end': 22049.127, 'start': 22007.778, 'title': 'Quality assurance and customer acceptance', 'summary': 'Discusses the importance of continuous validation and verification in maintaining quality and ensuring customer acceptance, emphasizing the impact of exceeding tolerance limits on costs and the necessity to validate products as per customer acceptance criteria.', 'duration': 41.349, 'highlights': ['Continuous validation and verification are integral in maintaining and ensuring quality, emphasizing the need to validate products as per customer acceptance criteria.', 'Exceeding tolerance limits impacts costs and customer acceptance, underscoring the importance of adherence to tolerance limits.', 'Customer acceptance is crucial, any products not accepted by the customer can lead to increased costs and impact the cost of quality.']}, {'end': 22607.025, 'start': 22049.607, 'title': 'Quality management overview', 'summary': 'Provides an overview of quality management, emphasizing customer satisfaction, continual improvement, management responsibility, and tailoring considerations for quality processes, and highlights the importance of planning, managing, and controlling quality in project management.', 'duration': 557.418, 'highlights': ['Planning, managing, and controlling quality are essential in project management.', 'Customer satisfaction is a key goal, requiring continual improvement and management responsibility.', 'Tailoring considerations are needed for unique project requirements, including compliance, standards, and stakeholder engagement.']}, {'end': 22929.893, 'start': 22607.438, 'title': 'Planning quality in projects', 'summary': 'Explains the process of planning quality in projects, including the use of project documents, inputs, tools and techniques such as expert judgment, data gathering, data analysis, decision-making, and data representation.', 'duration': 322.455, 'highlights': ['The importance of project documents in planning quality', 'Tools and techniques for planning quality', 'Inputs for planning quality']}, {'end': 23357.607, 'start': 22930.194, 'title': 'Quality management and execution', 'summary': 'Covers the process of plan quality management, including inputs like project management plan and opas, tools and techniques for data gathering and analysis, and the role of manage quality in executing the plan, including tools like audits, decision-making, and design for excellence.', 'duration': 427.413, 'highlights': ['The process of plan quality management includes gathering quality metrics such as defect data and defects per release, which helps in tracking the quality. The project management plan and project documents like assumption log and stakeholder list get updated as outcomes of the plan. (Relevance: 5)', 'Manage quality involves executing the quality plan, embedding quality policies into the project, improving the probability of meeting quality objectives, and identifying ineffective processes to act upon. Tools for data gathering and analysis, decision-making, and design for excellence play a crucial role in manage quality. (Relevance: 4)', 'Tools and techniques for manage quality include audits, decision-making, and design for excellence, which involves applying technical guidelines during the design phase to optimize product characteristics and achieve quality improvements. (Relevance: 3)']}], 'duration': 1349.829, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM22007778.jpg', 'highlights': ['Continuous validation and verification are integral in maintaining quality, emphasizing the need to validate products as per customer acceptance criteria.', 'Exceeding tolerance limits impacts costs and customer acceptance, underscoring the importance of adherence to tolerance limits.', 'Customer acceptance is crucial, any products not accepted by the customer can lead to increased costs and impact the cost of quality.', 'Planning, managing, and controlling quality are essential in project management.', 'Customer satisfaction is a key goal, requiring continual improvement and management responsibility.', 'The process of plan quality management includes gathering quality metrics such as defect data and defects per release, which helps in tracking the quality. The project management plan and project documents like assumption log and stakeholder list get updated as outcomes of the plan.', 'Manage quality involves executing the quality plan, embedding quality policies into the project, improving the probability of meeting quality objectives, and identifying ineffective processes to act upon. Tools for data gathering and analysis, decision-making, and design for excellence play a crucial role in manage quality.', 'Tools and techniques for manage quality include audits, decision-making, and design for excellence, which involves applying technical guidelines during the design phase to optimize product characteristics and achieve quality improvements.', 'The importance of project documents in planning quality', 'Tools and techniques for planning quality', 'Inputs for planning quality', 'Tailoring considerations are needed for unique project requirements, including compliance, standards, and stakeholder engagement.']}, {'end': 26087.568, 'segs': [{'end': 23591.303, 'src': 'embed', 'start': 23568.019, 'weight': 1, 'content': [{'end': 23575.64, 'text': "We can't miss the input project plan in itself, and project plan will also give you the quality management plan for us to refer to.", 'start': 23568.019, 'duration': 7.621}, {'end': 23580.621, 'text': "that's where we have already mentioned about how are you going to do control quality activities.", 'start': 23575.64, 'duration': 4.981}, {'end': 23584.482, 'text': 'so we can refer to those project documents, the one that I have already mentioned to you.', 'start': 23580.621, 'duration': 3.861}, {'end': 23591.303, 'text': 'Some of those documents we need to refer to and also needs to update later approved change requests again.', 'start': 23585.12, 'duration': 6.183}], 'summary': 'The project plan provides the quality management plan for controlling quality activities and refers to various project documents for updates.', 'duration': 23.284, 'max_score': 23568.019, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM23568019.jpg'}, {'end': 23891.405, 'src': 'embed', 'start': 23862.126, 'weight': 15, 'content': [{'end': 23866.908, 'text': 'In fact, and we also take a lot of different examples as a part of this.', 'start': 23862.126, 'duration': 4.782}, {'end': 23875.372, 'text': 'but in this webinar we have just given you the introduction to quality management as a part of the quality management knowledge area within pin box sixth Edition.', 'start': 23866.908, 'duration': 8.464}, {'end': 23887.539, 'text': 'project stakeholder management needs to be understood in terms of what is this stakeholder management is all about?', 'start': 23881.331, 'duration': 6.208}, {'end': 23889.262, 'text': 'Why should I manage a stakeholder?', 'start': 23887.599, 'duration': 1.663}, {'end': 23891.405, 'text': 'So PMIs.', 'start': 23889.844, 'duration': 1.561}], 'summary': "Introduction to quality management in pmi's pmbok 6th edition.", 'duration': 29.279, 'max_score': 23862.126, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM23862126.jpg'}, {'end': 24065.081, 'src': 'embed', 'start': 24034.013, 'weight': 0, 'content': [{'end': 24038.574, 'text': 'the family members of the people who are working in the project, the team members, dynamics differs.', 'start': 24034.013, 'duration': 4.561}, {'end': 24044.564, 'text': 'So there will be stakeholders where a project manager should engage, involve directly.', 'start': 24039.341, 'duration': 5.223}, {'end': 24049.147, 'text': 'There will be stakeholder where project manager need not involve directly to manage them.', 'start': 24045.044, 'duration': 4.103}, {'end': 24050.868, 'text': 'Maybe team members would involve.', 'start': 24049.587, 'duration': 1.281}, {'end': 24056.651, 'text': 'There will be stakeholders where anyone in the project team need not involve with those stakeholders.', 'start': 24051.328, 'duration': 5.323}, {'end': 24065.081, 'text': 'so likewise understanding who are the stakeholders, how are they going to impact the project, how are they going to get impacted,', 'start': 24057.296, 'duration': 7.785}], 'summary': 'Identifying and engaging stakeholders is crucial for project success, impacting project dynamics and team involvement.', 'duration': 31.068, 'max_score': 24034.013, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM24034013.jpg'}, {'end': 24170.977, 'src': 'embed', 'start': 24148.297, 'weight': 4, 'content': [{'end': 24157.445, 'text': 'today every business organizations use and project management or project environment also has it, so this also plays an important role.', 'start': 24148.297, 'duration': 9.148}, {'end': 24165.712, 'text': 'so a communication channel, a technology used to communication, can also create noise, that noise which is there in the communication.', 'start': 24157.445, 'duration': 8.267}, {'end': 24170.977, 'text': 'the choice of words, also the choice of vocabulary, also plays a role in communication,', 'start': 24165.712, 'duration': 5.265}], 'summary': 'Effective communication crucial in project management with choice of words and technology.', 'duration': 22.68, 'max_score': 24148.297, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM24148297.jpg'}, {'end': 24500.534, 'src': 'embed', 'start': 24477.97, 'weight': 7, 'content': [{'end': 24486.978, 'text': 'So planned stakeholder engagement is the process which will have all those approaches which are involved in terms of engaging with stakeholders their needs,', 'start': 24477.97, 'duration': 9.008}, {'end': 24490.281, 'text': 'expectations, interest, potential impact on the project.', 'start': 24486.978, 'duration': 3.303}, {'end': 24493.57, 'text': 'So this process is part of planning process group.', 'start': 24490.828, 'duration': 2.742}, {'end': 24500.534, 'text': 'So, in this process, various approaches are curated in order to involve the stakeholders on the basis of their needs, interest,', 'start': 24493.99, 'duration': 6.544}], 'summary': 'Planned stakeholder engagement involves approaches to engage stakeholders based on their needs, interests, and potential impact on the project.', 'duration': 22.564, 'max_score': 24477.97, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM24477970.jpg'}, {'end': 24808.99, 'src': 'embed', 'start': 24785.854, 'weight': 11, 'content': [{'end': 24794.46, 'text': 'so this engagement should help in terms of pulling them back to the required one required engagement or required state of existence for the stakeholder.', 'start': 24785.854, 'duration': 8.606}, {'end': 24797.782, 'text': 'a team member cannot be in a resistive state or another state.', 'start': 24794.46, 'duration': 3.322}, {'end': 24801.924, 'text': 'definitely, team member should be in supportive, not in neutral as well.', 'start': 24797.782, 'duration': 4.142}, {'end': 24804.206, 'text': 'supportive means the person should be doing the job.', 'start': 24801.924, 'duration': 2.282}, {'end': 24808.99, 'text': 'So those dynamics are associated with stakeholder which needs to be understood very carefully.', 'start': 24804.767, 'duration': 4.223}], 'summary': 'Engagement aims to bring team members to required supportive state for stakeholders.', 'duration': 23.136, 'max_score': 24785.854, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM24785854.jpg'}, {'end': 25027.904, 'src': 'embed', 'start': 24991.525, 'weight': 6, 'content': [{'end': 24994.267, 'text': 'now, change request in stakeholder engagement.', 'start': 24991.525, 'duration': 2.742}, {'end': 25001.611, 'text': 'so if you look at it very carefully earlier in any knowledge area, when you speak in the entire framework, what we have discussed,', 'start': 24994.267, 'duration': 7.344}, {'end': 25007.834, 'text': 'whenever we say change request, we spoke about adding something, removing something, modifying something, but in this case,', 'start': 25001.611, 'duration': 6.223}, {'end': 25014.458, 'text': 'when we raise a change request, it also involves some approach, what i have defined versus the approach with work.', 'start': 25007.834, 'duration': 6.624}, {'end': 25019.581, 'text': "i'm required to update that also, which is a specific dynamics which involves here in especially stakeholder engagement.", 'start': 25014.458, 'duration': 5.123}, {'end': 25027.904, 'text': 'then project management plan updates and project documents updates would be the outputs for monitor stakeholder engagement.', 'start': 25020.498, 'duration': 7.406}], 'summary': 'Change request impacts stakeholder engagement dynamics and requires plan and document updates.', 'duration': 36.379, 'max_score': 24991.525, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM24991525.jpg'}, {'end': 25142.797, 'src': 'embed', 'start': 25119.492, 'weight': 13, 'content': [{'end': 25127.879, 'text': 'understanding what are their need, requirement and expectations, captures them and prepares our project management plan.', 'start': 25119.492, 'duration': 8.387}, {'end': 25133.384, 'text': 'and throughout we follow that project management plan and ensure what is planned and approved gets delivered.', 'start': 25127.879, 'duration': 5.505}, {'end': 25142.797, 'text': 'So, basically, when I talk about on key items, what project manager deals with, these are scope, time and cost, followed by three other constraints,', 'start': 25133.971, 'duration': 8.826}], 'summary': 'Project manager focuses on scope, time, and cost to meet needs and expectations.', 'duration': 23.305, 'max_score': 25119.492, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM25119492.jpg'}, {'end': 25439.869, 'src': 'embed', 'start': 25414.754, 'weight': 5, 'content': [{'end': 25422.057, 'text': 'So profit-sharing value remains more or less the same and then comes up to the compensation which is $1, 005 to about $24, 747.', 'start': 25414.754, 'duration': 7.303}, {'end': 25429.461, 'text': 'So profit-sharing and compensation more or less these two columns are pretty much similar, but the base salary and the bonus has a big difference.', 'start': 25422.057, 'duration': 7.404}, {'end': 25432.863, 'text': 'So this comes out to be somewhere in the range of $49, 657.', 'start': 25430.057, 'duration': 2.806}, {'end': 25439.869, 'text': 'So let us say that 50, 000 for our ease and going until about $112, 540.', 'start': 25432.863, 'duration': 7.006}], 'summary': 'Profit-sharing value and compensation range from $1,005 to $112,540, with a base salary and bonus showing significant differences.', 'duration': 25.115, 'max_score': 25414.754, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM25414754.jpg'}], 'start': 23358.283, 'title': 'Quality management and stakeholder dynamics', 'summary': 'Covers the managed quality outcomes, quality management processes, and stakeholder management dynamics, highlighting the importance of maintaining quality, assuring customer satisfaction, and continuous stakeholder engagement using various tools and techniques.', 'chapters': [{'end': 23584.482, 'start': 23358.283, 'title': 'Managed quality outcome', 'summary': 'Explains the expected outcomes of the managed quality process, including the generation of quality reports, the use of data for corrective decisions, and the updating of project documents and management plans.', 'duration': 226.199, 'highlights': ['The managed quality process aims to generate quality reports, which provide valuable information for making corrective decisions and meeting quality expectations.', 'The process involves putting data from the execution of the quality plan into formats such as graphical, numerical, or qualitative, which can aid in providing valuable information for making corrective decisions.', 'The outcome includes addressing quality management issues, suggested improvements, corrective actions, and required rework, as well as documenting defect data, bug repairs, inspections, and their outcomes.', 'It encompasses the creation of test and evaluation documents, such as checklists and detailed stability metrics, which help in evaluating achievements of quality objectives.', 'The process also involves updating project documents and the project management plan based on change requests and incorporating the progress into the project.']}, {'end': 24320.049, 'start': 23585.12, 'title': 'Quality management and stakeholder management overview', 'summary': 'Covers the implementation of quality management processes, emphasizing the importance of maintaining quality on the project and how it assures customer satisfaction and team predictability and repeatability, alongside an overview of project stakeholder management focusing on identifying, engaging, and managing stakeholder relationships.', 'duration': 734.929, 'highlights': ['The chapter emphasizes the importance of maintaining quality on the project, assuring customer satisfaction and team predictability and repeatability.', "The overview of project stakeholder management focuses on identifying, engaging, and managing stakeholder relationships, ensuring that stakeholders' involvement benefits the project and complements its objectives.", "The process of identifying stakeholders involves documenting relevant information required to understand stakeholders' interests, involvement, requirements, and interdependencies, and it is an ongoing process throughout the project lifecycle."]}, {'end': 25097.957, 'start': 24320.049, 'title': 'Stakeholder management dynamics', 'summary': 'Outlines the dynamic nature of stakeholder management, emphasizing the continuous identification, engagement, and monitoring of project stakeholders using various tools and techniques, including expert judgment, data analysis, and communication skills.', 'duration': 777.908, 'highlights': ['Stakeholder identification and engagement is an ongoing process throughout the project lifecycle, involving regular updates to the stakeholder register as stakeholders change.', 'The stakeholder register captures details such as position, authority, ability to influence, and proximity of stakeholders, emphasizing the importance of understanding stakeholder dynamics.', "The planned stakeholder engagement process involves curating approaches based on stakeholders' needs, interests, expectations, and potential impact on the project, emphasizing the tailored nature of stakeholder engagement.", 'The manage stakeholder engagement process focuses on communicating and working with stakeholders to ensure their expectations are met and their issues are addressed, emphasizing the proactive management of stakeholder relationships.', 'The monitor stakeholder engagement process involves monitoring project stakeholder relationships, tailoring engagement strategies, and modifying plans to increase efficiency and effectiveness, emphasizing the continuous improvement of stakeholder engagement.']}, {'end': 26087.568, 'start': 25098.457, 'title': "Project manager's role & salary trends", 'summary': 'Details the responsibilities of a project manager, including managing project phases, key areas of focus, and salary trends in various locations, with a focus on new york, and also provides insights into expected salaries for project managers at different experience levels, including entry-level, mid-career, experienced, and late-career project managers.', 'duration': 989.111, 'highlights': ["The project manager's main areas of focus are scope, time, and cost, along with quality, risk, and resources, and they shoulder the responsibility of managing the entire project scope, team management, risk estimations, and handling risk responses throughout the project.", 'Salary trends for project managers in different locations are provided, with a focus on New York, San Francisco, Chicago, Washington, and Boston, along with corresponding job openings and salary percentages for different salary brackets.', 'Insights into expected salaries for project managers at different experience levels, including entry-level, mid-career, experienced, and late-career project managers, are detailed, providing salary ranges and components such as basic salary, bonus, profit sharing, and total compensation.', 'Key skills expected of a project manager are highlighted, including communication, leadership, team management, negotiation, personal organization, and risk management, with a focus on effective communication, leadership, team support, negotiation, organizational skills, and risk handling.', 'The roles and responsibilities of a project manager, including coordinating internal resources, stakeholders, and ensuring timely project completion within scope and budget, are outlined, with a specific focus on managing the three key constraints of scope, time, and cost.']}], 'duration': 2729.285, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM23358283.jpg', 'highlights': ['The managed quality process aims to generate valuable quality reports for corrective decisions.', 'The process involves putting data into formats aiding in corrective decisions.', 'The outcome includes addressing quality management issues and documenting defect data.', 'It encompasses the creation of test and evaluation documents for evaluating quality objectives.', 'The process involves updating project documents and the project management plan based on change requests.', 'The chapter emphasizes the importance of maintaining quality, assuring customer satisfaction, and team predictability.', 'The overview of project stakeholder management focuses on identifying, engaging, and managing stakeholder relationships.', "The process of identifying stakeholders involves documenting relevant information required to understand stakeholders' interests.", 'Stakeholder identification and engagement is an ongoing process throughout the project lifecycle.', 'The stakeholder register captures details such as position, authority, ability to influence, and proximity of stakeholders.', "The planned stakeholder engagement process involves curating approaches based on stakeholders' needs and interests.", 'The manage stakeholder engagement process focuses on communicating and working with stakeholders to ensure their expectations are met.', 'The monitor stakeholder engagement process involves tailoring engagement strategies and modifying plans to increase efficiency.', "The project manager's main areas of focus are scope, time, cost, quality, risk, and resources.", 'Salary trends for project managers in different locations are provided, with a focus on New York, San Francisco, Chicago, Washington, and Boston.', 'Insights into expected salaries for project managers at different experience levels are detailed.', 'Key skills expected of a project manager are highlighted, including communication, leadership, team management, negotiation, and risk management.', 'The roles and responsibilities of a project manager, including coordinating internal resources and ensuring timely project completion, are outlined.']}, {'end': 27049.826, 'segs': [{'end': 26200.272, 'src': 'embed', 'start': 26172.929, 'weight': 0, 'content': [{'end': 26178.293, 'text': 'then comes up tracking the resource availability and talking about of resource allocation.', 'start': 26172.929, 'duration': 5.364}, {'end': 26180.403, 'text': 'Okay and end-to-end.', 'start': 26179.002, 'duration': 1.401}, {'end': 26189.251, 'text': 'needless to say, I expect project manager to also be responsible for creating and maintaining the comprehensive project documentation.', 'start': 26180.403, 'duration': 8.848}, {'end': 26197.018, 'text': 'There are many documents in the projects which are very important for project management plan, for Charter, for performance tracking,', 'start': 26189.731, 'duration': 7.287}, {'end': 26200.272, 'text': 'for confirmation that the performance stands delivered,', 'start': 26197.651, 'duration': 2.621}], 'summary': 'Project manager responsible for comprehensive project documentation, including plan, charter, and performance tracking.', 'duration': 27.343, 'max_score': 26172.929, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM26172929.jpg'}, {'end': 26451.938, 'src': 'embed', 'start': 26420.479, 'weight': 2, 'content': [{'end': 26423.081, 'text': 'The organization name remains the same.', 'start': 26420.479, 'duration': 2.602}, {'end': 26425.143, 'text': 'However, his designation is changing.', 'start': 26423.382, 'duration': 1.761}, {'end': 26428.546, 'text': 'Hopefully, when I read the inside line items,', 'start': 26425.323, 'duration': 3.223}, {'end': 26435.792, 'text': 'it also gives me a very fair idea on the various jobs he has been doing within the same organization and more interesting.', 'start': 26428.546, 'duration': 7.246}, {'end': 26441.374, 'text': 'If I look at the words which are mentioned below, they are talking about of lot of statistics.', 'start': 26436.352, 'duration': 5.022}, {'end': 26442.895, 'text': 'So, for example,', 'start': 26441.974, 'duration': 0.921}, {'end': 26451.938, 'text': 'if I may pull your attention on one line item here which very clearly says he has been working to cut costs by 32% in less than six months', 'start': 26442.895, 'duration': 9.043}], 'summary': 'Employee achieved 32% cost reduction in less than six months.', 'duration': 31.459, 'max_score': 26420.479, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM26420479.jpg'}, {'end': 26531.472, 'src': 'embed', 'start': 26506.961, 'weight': 3, 'content': [{'end': 26515.082, 'text': 'You would have got to know now if I need to look at the similar thing this guy is again talking about, of again bringing down the cost by 25%,', 'start': 26506.961, 'duration': 8.121}, {'end': 26520.483, 'text': 'and you tell me which organization would not like to have savings in the expenses right now.', 'start': 26515.082, 'duration': 5.401}, {'end': 26525.504, 'text': "He's mentioning another figure saying maintained the user database of our 30, 000 patient.", 'start': 26520.523, 'duration': 4.981}, {'end': 26531.472, 'text': 'So this is also statistics depending on what scale of maybe job you guys have for him.', 'start': 26527.071, 'duration': 4.401}], 'summary': 'Organization aims to reduce costs by 25% and maintain a user database of 30,000 patients for potential job roles.', 'duration': 24.511, 'max_score': 26506.961, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM26506961.jpg'}, {'end': 26722.446, 'src': 'embed', 'start': 26694.976, 'weight': 4, 'content': [{'end': 26700.383, 'text': 'So these are various softwares which will help in enhancing the communication with various stakeholders.', 'start': 26694.976, 'duration': 5.407}, {'end': 26706.041, 'text': 'and nowadays, not knowing any of these people would not be comfortable in recruiting you.', 'start': 26701.059, 'duration': 4.982}, {'end': 26708.722, 'text': 'so these are certain things which you should know.', 'start': 26706.041, 'duration': 2.681}, {'end': 26717.345, 'text': 'of course you may not be an expert in each one of those areas, but at least in some of those skills you will be an expert in some of those areas.', 'start': 26708.722, 'duration': 8.623}, {'end': 26722.446, 'text': 'you will have a moderate knowledge, but good to have some knowledge on each of those areas.', 'start': 26717.345, 'duration': 5.101}], 'summary': 'Various softwares enhance stakeholder communication, important for recruiting. some expertise in each area is beneficial.', 'duration': 27.47, 'max_score': 26694.976, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM26694976.jpg'}, {'end': 26790.95, 'src': 'embed', 'start': 26758.515, 'weight': 1, 'content': [{'end': 26760.776, 'text': 'such as Six Sigma PPM PMIT.', 'start': 26758.515, 'duration': 2.261}, {'end': 26764.977, 'text': 'So there are a lot of certifications and they should be prominent very clearly.', 'start': 26761.216, 'duration': 3.761}, {'end': 26768.218, 'text': 'So when you are able to put forward those certification,', 'start': 26765.357, 'duration': 2.861}, {'end': 26777.039, 'text': 'People can understand on what you want to communicate and maybe pictures can say many things about the person on a profile.', 'start': 26768.819, 'duration': 8.22}, {'end': 26783.727, 'text': 'And when we look at on similar things from different people, it will be good for us to do a comparison.', 'start': 26777.845, 'duration': 5.882}, {'end': 26790.95, 'text': 'understand what kind of knowledge somebody would carry, and certifications generally comes in with respect to the knowledge you carry,', 'start': 26783.727, 'duration': 7.223}], 'summary': 'Highlighting certifications in profile can communicate knowledge and expertise effectively.', 'duration': 32.435, 'max_score': 26758.515, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM26758515.jpg'}], 'start': 26087.568, 'title': 'Project manager skills and cv writing', 'summary': 'Outlines the responsibilities of a project manager, effective cv writing tips, and the skills, certifications, and qualifications expected from a project manager, emphasizing the importance of skills and certifications in the competitive job market.', 'chapters': [{'end': 26361.446, 'start': 26087.568, 'title': 'Project manager job description', 'summary': 'Outlines the key responsibilities of a project manager including defining project scope, preparing project management plan, tracking project performance, managing stakeholder relationships, and detailing the items to include in a project manager resume.', 'duration': 273.878, 'highlights': ['Defining project scope and objectives, preparing project management plan, and tracking project performance using various tools and systems.', 'Managing stakeholder relationships, risks, and resources, including vendors and external organizations involved in the project.', 'Detailing the items to include in a project manager resume such as certifications, experience, education, skills, and personal information.']}, {'end': 26585.077, 'start': 26361.446, 'title': 'Effective cv writing tips', 'summary': 'Discusses the importance of highlighting professional certifications, experience, and achievements in a cv, emphasizing the use of statistics to showcase accomplishments and cost-saving measures, ultimately positioning the candidate as an efficient and quality-driven project manager.', 'duration': 223.631, 'highlights': ["The candidate's CV emphasizes professional certifications, experience, and achievements, particularly showcasing a track record of reducing costs and maintaining quality, with specific statistics such as cutting costs by 32% and saving over $50,000 annually.", "The CV highlights the candidate's ability to deliver results by showcasing specific achievements, such as resolving over 200 IT issues, preparing over 100 infrastructure performance analysis reports, and maintaining a user database of 30,000 patients, demonstrating strong monitoring, control, and delivery skills.", 'The chapter stresses the importance of including personal information and skills in a CV, focusing on the expectation of a project manager to have a broad understanding of technical and non-technical aspects, while also emphasizing the need to showcase a track record of efficient cost reduction and quality maintenance.', 'The speaker emphasizes the significance of including personal information and skills in a CV, highlighting the expectation of a project manager to have a broad understanding of technical and non-technical aspects, ultimately positioning the candidate as an efficient and quality-driven project manager.']}, {'end': 27049.826, 'start': 26585.077, 'title': 'Skills and certifications for a project manager', 'summary': 'Highlights the technical and non-technical skills, educational qualifications, certifications, and personality traits expected from a project manager, emphasizing the importance of skills and certifications in the competitive job market, and explaining the concept of a project and project management.', 'duration': 464.749, 'highlights': ['The chapter emphasizes the importance of technical and non-technical skills, mentioning skills such as project management methodologies, team building, stakeholder handling, leadership, relationship building, and problem-solving, in addition to various software skills.', 'It explains the significance of educational qualifications and certifications, including specific software skills, with the importance of certifications in showcasing expertise and creating a positive impression on a CV.', 'The chapter outlines the key personality traits expected from a project manager, such as being sociable, goal-oriented, proactive, confident, and committed, and emphasizes the high demand for individuals possessing these skills and certifications in organizations like Intel, Amazon, Philips, CGI, Facebook, Microsoft, and IBM.', 'It provides a detailed explanation of the concept of a project, emphasizing its temporary and unique nature, and the potential harm of projects lacking a definite beginning and ending or uniqueness, while also highlighting the driving force projects represent for organizations.', 'The chapter explains project management as a discipline focused on achieving the objectives of a unique project, distinguishing it from usual management, and emphasizing the presence of a final deliverable and a definite timeline as key factors differentiating project management from management.']}], 'duration': 962.258, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM26087568.jpg', 'highlights': ["The candidate's CV emphasizes professional certifications, experience, and achievements, particularly showcasing a track record of reducing costs and maintaining quality, with specific statistics such as cutting costs by 32% and saving over $50,000 annually.", 'The chapter emphasizes the importance of technical and non-technical skills, mentioning skills such as project management methodologies, team building, stakeholder handling, leadership, relationship building, and problem-solving, in addition to various software skills.', 'Defining project scope and objectives, preparing project management plan, and tracking project performance using various tools and systems.', 'Managing stakeholder relationships, risks, and resources, including vendors and external organizations involved in the project.', 'The chapter outlines the key personality traits expected from a project manager, such as being sociable, goal-oriented, proactive, confident, and committed, and emphasizes the high demand for individuals possessing these skills and certifications in organizations like Intel, Amazon, Philips, CGI, Facebook, Microsoft, and IBM.']}, {'end': 30207.757, 'segs': [{'end': 28210.886, 'src': 'embed', 'start': 28185.33, 'weight': 4, 'content': [{'end': 28192.996, 'text': 'you know, in the mid of 20th century, or in the least recent years, that forced the industries to streamline this.', 'start': 28185.33, 'duration': 7.666}, {'end': 28195.277, 'text': 'uh, the education in the project management.', 'start': 28192.996, 'duration': 2.281}, {'end': 28198.74, 'text': 'you know, they wanted to have some kind of frameworks.', 'start': 28195.277, 'duration': 3.463}, {'end': 28204.474, 'text': 'so the history behind this is it was introduced over two decades ago when September 11,', 'start': 28198.74, 'duration': 5.734}, {'end': 28210.886, 'text': '2001 terrorist attacks rocked the foundation of the US government.', 'start': 28204.474, 'duration': 6.412}], 'summary': 'Project management education introduced over two decades ago after 9/11 attacks.', 'duration': 25.556, 'max_score': 28185.33, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM28185330.jpg'}, {'end': 28943.137, 'src': 'embed', 'start': 28913.507, 'weight': 1, 'content': [{'end': 28916.627, 'text': 'okay, that is, you call it as giving back to the society.', 'start': 28913.507, 'duration': 3.12}, {'end': 28925.25, 'text': 'so what you have learned you will again give it back to the community of people who want to become project managers or something like that.', 'start': 28916.627, 'duration': 8.623}, {'end': 28926.33, 'text': 'so you give it back.', 'start': 28925.25, 'duration': 1.08}, {'end': 28930.831, 'text': 'so whenever you give these kind of trainings to other people, you earn certain PDUs.', 'start': 28926.33, 'duration': 4.501}, {'end': 28933.934, 'text': 'that way you can keep doing these things.', 'start': 28931.633, 'duration': 2.301}, {'end': 28943.137, 'text': 'so throughout the years there are certain criterias, like 300 pdus or something 60, sorry, 65 or 67 pdus you need to acquire,', 'start': 28933.934, 'duration': 9.203}], 'summary': 'Giving back to the community by sharing knowledge and earning pdus.', 'duration': 29.63, 'max_score': 28913.507, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM28913507.jpg'}, {'end': 29071.643, 'src': 'embed', 'start': 29044.307, 'weight': 2, 'content': [{'end': 29050.071, 'text': 'concepts about IT project management lifecycle and, yes, the business development tools as well.', 'start': 29044.307, 'duration': 5.764}, {'end': 29053.627, 'text': 'So the curriculum of PRINCE2, if you see on the PRINCE2 site,', 'start': 29050.865, 'duration': 2.762}, {'end': 29058.171, 'text': 'you will realize that they have more focus on all of these aspects that I just mentioned.', 'start': 29053.627, 'duration': 4.544}, {'end': 29061.674, 'text': 'There is no prerequisites for PRINCE2.', 'start': 29058.972, 'duration': 2.702}, {'end': 29066.639, 'text': "That's very surprising, because this is considered a very highly regarded certification,", 'start': 29062.015, 'duration': 4.624}, {'end': 29071.643, 'text': 'but you can get this certification if you have certain minimum three years of experience.', 'start': 29066.639, 'duration': 5.004}], 'summary': 'Prince2 certification has no prerequisites and requires minimum 3 years of experience in it project management and business development tools.', 'duration': 27.336, 'max_score': 29044.307, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM29044307.jpg'}, {'end': 29548.975, 'src': 'embed', 'start': 29523.11, 'weight': 0, 'content': [{'end': 29530.135, 'text': 'those kind of things artifacts you call them and the ceremonies of scrum which you have to do regularly, which you have to do doing,', 'start': 29523.11, 'duration': 7.025}, {'end': 29534.558, 'text': 'keep doing regularly, and scrum master is an in charge of all of those things.', 'start': 29530.135, 'duration': 4.423}, {'end': 29536.159, 'text': "so it's a very important role.", 'start': 29534.558, 'duration': 1.601}, {'end': 29545.306, 'text': 'so if you want to get a scrum master CSM certification, searching online for suitable training provides and providers is the best.', 'start': 29536.159, 'duration': 9.147}, {'end': 29548.975, 'text': 'now for getting the certification, there is a prerequisite.', 'start': 29545.306, 'duration': 3.669}], 'summary': 'Scrum master oversees scrum ceremonies and artifacts, essential for csm certification.', 'duration': 25.865, 'max_score': 29523.11, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM29523110.jpg'}, {'end': 30150.267, 'src': 'embed', 'start': 30123.003, 'weight': 3, 'content': [{'end': 30131.607, 'text': 'but then you get it as a complimentary when you are a pmi member, you get various discounts every time you give the exam for certification,', 'start': 30123.003, 'duration': 8.604}, {'end': 30133.728, 'text': 'recertification or whatever.', 'start': 30131.607, 'duration': 2.121}, {'end': 30141.131, 'text': 'that is very good from the point of view of cost, and then this certification is valid for three years.', 'start': 30133.728, 'duration': 7.403}, {'end': 30150.267, 'text': 'after three years you have to recertify yourself or you can keep participating in various activities which give you PDUs.', 'start': 30141.713, 'duration': 8.554}], 'summary': 'Pmi members receive complimentary exam and discounts, with certification valid for three years.', 'duration': 27.264, 'max_score': 30123.003, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM30123003.jpg'}], 'start': 27050.186, 'title': 'Project management roles & certifications', 'summary': 'Discusses the roles and responsibilities of a project manager, key responsibilities including leadership, time and budget management, customer satisfaction, risk handling, and project development monitoring. it also provides an overview of project management certifications including ppm, mpm, and apm, detailing their requirements, exam structure, costs, and validity, and emphasizing their importance for professionals.', 'chapters': [{'end': 27193.894, 'start': 27050.186, 'title': 'Project management roles & responsibilities', 'summary': 'Discusses the roles and responsibilities of a project manager, emphasizing the importance of planning and the need for adaptability in project management.', 'duration': 143.708, 'highlights': ['Project managers have various responsibilities including project scope management, team management, risk estimation, and resource management.', 'Planning is crucial for project success, as poor planning can lead to project failures. A clear and precise plan is needed to ensure smooth and efficient project development.', 'Project managers should understand the capabilities of project team members, time required for each project step, and costs to develop an efficient project plan.', 'Project managers need to monitor the progress of project development and make necessary modifications if the project deviates from the estimated plan.']}, {'end': 27578.399, 'start': 27194.754, 'title': "Project manager's responsibilities", 'summary': 'Discusses the key responsibilities of a project manager, including leadership, time and budget management, customer satisfaction, risk handling, monitoring project development, and report creation, emphasizing the importance of these roles in driving project success and customer satisfaction.', 'duration': 383.645, 'highlights': ['Project managers are responsible for creating a vision, leading their teams by example, making critical decisions, managing time and budget effectively, ensuring customer satisfaction, handling project risks, monitoring project development, and creating detailed reports.', 'Project success is measured based on timely delivery, and project managers must set realistic deadlines, communicate with the team, and manage unforeseen issues to ensure on-time delivery.', 'Budget planning is essential, as project success is also measured by meeting the planned budget, which includes labor costs, material procurement costs, and monitoring costs.', 'Customer satisfaction is a top priority, as it leads to organizational growth and attracts more clients, and project managers include it in their planning.', 'Anticipating and addressing project risks is essential, as issues tend to arise during project development, especially with larger projects.', 'Monitoring project development stages and handling conflicts and issues are vital for project success, requiring the project manager to motivate and lead the team while maintaining control over time, cost, and quality.', 'Creating comprehensive project reports is crucial for showcasing successful project delivery, meeting requirements and deadlines, and gaining insights for future projects.']}, {'end': 28185.33, 'start': 27579.324, 'title': 'Project management certifications overview', 'summary': 'Provides an overview of project management certifications including ppm, mpm, and apm, detailing their requirements, exam structure, costs, and validity, and emphasizing the importance of these certifications for professionals with specific years of experience and knowledge in project management.', 'duration': 606.006, 'highlights': ['PPM certification examination does not require a formal college degree, with 150 questions to be completed in 120 minutes at a cost ranging from 100 to 340 US dollars, and is valid for five years, requiring renewal through exam retake or completion of CEUs or PDUs.', 'MPM certification requires a minimum of three years of project management experience, consists of 20 questions to be completed in 55 minutes at a cost ranging from $100 to $340 USD, and is valid for five years, with renewal options available.', 'APM is an entry-level certification, globally recognized, does not require a formal college degree, with 50 questions to be completed in 60 minutes at a cost of around 200 dollars, and has a validity of two years.']}, {'end': 29273.722, 'start': 28185.33, 'title': 'Evolution of project management certifications', 'summary': 'Discusses the history and significance of project management certifications, including the introduction of certifications after the september 11, 2001 attacks, the focus on agile frameworks, and the varying requirements and costs of different certifications.', 'duration': 1088.392, 'highlights': ['The introduction of project management certifications was a response to the September 11, 2001 attacks, which highlighted the need for certified project managers to handle unforeseen disasters and IT infrastructure challenges.', 'The Agile Certified Practitioner (ACP) certification is becoming increasingly important as organizations shift towards agile frameworks, with a focus on flexibility, efficiency, and the need for certified professionals in agile methodologies.', "PRINCE2 certification provides standardized roles and responsibilities for project management, with a focus on validating employees' core skills and knowledge of IT project management and business development tools.", 'CompTIA Project Plus certification is well-respected in the computing industry, focusing on aggregating feedback from various sources and guiding organizations in the right direction for project completion.']}, {'end': 30207.757, 'start': 29273.982, 'title': 'Top project management certifications', 'summary': 'Covers the details of three popular project management certifications: comptia project plus, certified scrum master (csm), capm, and pmp. the certifications are discussed in terms of cost, prerequisites, exam details, validity, and the benefits they offer, with emphasis on the csm and pmp certifications.', 'duration': 933.775, 'highlights': ['The Certified Scrum Master (CSM) certification costs $29, administered by Scrum Alliance, and requires completion of a course delivered by a Certified Scrum Trainer (CST) or a Certified Agile Coach, with a validity of three years.', 'The PMP certification, administered by PMI, requires 35 contact hours of project management education as a prerequisite, costs between $405 to $555, and has a validity of three years.', 'The CAPM certification, also administered by PMI, requires a minimum of 23 contact hours of project management education, costs between $225 to $300, and has a validity of three years.']}], 'duration': 3157.571, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM27050186.jpg', 'highlights': ['Project managers have various responsibilities including project scope management, team management, risk estimation, and resource management.', 'Planning is crucial for project success, as poor planning can lead to project failures. A clear and precise plan is needed to ensure smooth and efficient project development.', 'Project managers are responsible for creating a vision, leading their teams by example, making critical decisions, managing time and budget effectively, ensuring customer satisfaction, handling project risks, monitoring project development, and creating detailed reports.', 'PPM certification examination does not require a formal college degree, with 150 questions to be completed in 120 minutes at a cost ranging from 100 to 340 US dollars, and is valid for five years, requiring renewal through exam retake or completion of CEUs or PDUs.', 'The introduction of project management certifications was a response to the September 11, 2001 attacks, which highlighted the need for certified project managers to handle unforeseen disasters and IT infrastructure challenges.']}, {'end': 32087.911, 'segs': [{'end': 31531.556, 'src': 'embed', 'start': 31499.683, 'weight': 9, 'content': [{'end': 31506.889, 'text': 'process count here reduced from 44 to 42, ITTO count reduced from 599 to 517..', 'start': 31499.683, 'duration': 7.206}, {'end': 31516.372, 'text': 'in 2011 an interesting shift happened where 30% of the questions were changed to confirm the latest 2011 role delineation study.', 'start': 31506.889, 'duration': 9.483}, {'end': 31528.755, 'text': 'Then came PMBOK edition 5 in 2013 not four years later, but this time five every rule has an exception and for PMBOK it was the year 2009.', 'start': 31517.132, 'duration': 11.623}, {'end': 31531.556, 'text': 'This guide saw some of the jar-shaking changes.', 'start': 31528.755, 'duration': 2.801}], 'summary': 'Process count reduced from 44 to 42, itto count reduced from 599 to 517. 30% questions changed to confirm 2011 study. pmbok edition 5 released in 2013 with significant changes.', 'duration': 31.873, 'max_score': 31499.683, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM31499683.jpg'}, {'end': 31686.675, 'src': 'embed', 'start': 31598.132, 'weight': 2, 'content': [{'end': 31601.855, 'text': 'There is a stronger focus on outcomes now than deliverables.', 'start': 31598.132, 'duration': 3.723}, {'end': 31606.864, 'text': 'Now let us talk about PMBOK and its 7th edition.', 'start': 31603.001, 'duration': 3.863}, {'end': 31616.052, 'text': 'PMBOK as we all know is a short version of Project Management Book of Knowledge Guide which lays the foundation of project management.', 'start': 31607.285, 'duration': 8.767}, {'end': 31620.056, 'text': 'It contains the complete collection of processes, best practices,', 'start': 31616.533, 'duration': 3.523}, {'end': 31627.302, 'text': 'terminologies and guidelines that are globally accepted as golden standards within the project management industry.', 'start': 31620.056, 'duration': 7.246}, {'end': 31632.707, 'text': 'That is why PMBOK guide is often regarded as the Bible of project management.', 'start': 31627.802, 'duration': 4.905}, {'end': 31640.416, 'text': 'The seventh edition of the guide builds on the standard and is structured not around knowledge areas and ITTOs,', 'start': 31633.268, 'duration': 7.148}, {'end': 31647.923, 'text': 'but around project performance domains, a group of related activities that are critical for the effective delivery of project outcomes.', 'start': 31640.416, 'duration': 7.507}, {'end': 31655.355, 'text': "Now that we've understood the PMBOK's history and how the 7th edition has come into the picture.", 'start': 31648.843, 'duration': 6.512}, {'end': 31664.867, 'text': "Let's move ahead and talk about why does PMBOK really change? The impetus for updating the PMBOK guide has been building for several years.", 'start': 31655.635, 'duration': 9.232}, {'end': 31674.01, 'text': 'Rapid enhancements in technology and the need for organizations and practitioners to more quickly adapt to changes in the market has caused it to evolve.', 'start': 31665.367, 'duration': 8.643}, {'end': 31681.533, 'text': 'Practitioners are now tasked with identifying the right delivery approach to get the job done and deliver value.', 'start': 31674.47, 'duration': 7.063}, {'end': 31686.675, 'text': 'To make sure the PMBOK Guide 7th edition remains relevant.', 'start': 31682.333, 'duration': 4.342}], 'summary': 'Pmbok 7th edition focuses on outcomes over deliverables, adapting to market changes and technology advancements.', 'duration': 88.543, 'max_score': 31598.132, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM31598132.jpg'}, {'end': 31779.908, 'src': 'embed', 'start': 31733.134, 'weight': 0, 'content': [{'end': 31739.679, 'text': 'the agile and hybrid project management approach make their way to mainstream content of the guide,', 'start': 31733.134, 'duration': 6.545}, {'end': 31747.465, 'text': 'along with the existing predictive delivery approach, but this is not the fundamental change that is really influencing PMBOK.', 'start': 31739.679, 'duration': 7.786}, {'end': 31757.652, 'text': 'PMBOK 7th firstly moves away from a process oriented approach to a principles-oriented approach, thus supporting any type of project delivery.', 'start': 31747.825, 'duration': 9.827}, {'end': 31761.975, 'text': 'You guessed it right, the word principles has a stamp of agile paradigm.', 'start': 31758.092, 'duration': 3.883}, {'end': 31766.639, 'text': 'You could say that the thinking from which PMBOK comes now has been shifted.', 'start': 31762.375, 'duration': 4.264}, {'end': 31768.78, 'text': 'It has become much much broader.', 'start': 31766.959, 'duration': 1.821}, {'end': 31775.606, 'text': 'Another marked change is a shift in scope to address project delivery in addition to project management.', 'start': 31769.341, 'duration': 6.265}, {'end': 31779.908, 'text': 'The idea seems to be more action focused or practitioner friendly.', 'start': 31776.266, 'duration': 3.642}], 'summary': 'Pmbok 7th embraces agile principles, shifts to principles-oriented approach, and broadens its scope to include project delivery.', 'duration': 46.774, 'max_score': 31733.134, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM31733134.jpg'}, {'end': 31829.529, 'src': 'embed', 'start': 31800.189, 'weight': 1, 'content': [{'end': 31804.852, 'text': 'The first one is the value delivery system and the second one is the project delivery principles.', 'start': 31800.189, 'duration': 4.663}, {'end': 31810.535, 'text': 'So the value delivery system is the holistic system through which projects deliver business value.', 'start': 31805.392, 'duration': 5.143}, {'end': 31818.32, 'text': 'Business value is the tangible and intangible benefits received by customers, employees and partners of the business,', 'start': 31810.916, 'duration': 7.404}, {'end': 31824.264, 'text': 'and projects are the main vehicle that delivers business value by achieving business objectives of the organization.', 'start': 31818.32, 'duration': 5.944}, {'end': 31829.529, 'text': 'The seventh edition of standard for project management, on which PMBOK is based on,', 'start': 31824.844, 'duration': 4.685}], 'summary': 'Value delivery system ensures projects deliver business value by achieving objectives.', 'duration': 29.34, 'max_score': 31800.189, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM31800189.jpg'}], 'start': 30207.757, 'title': 'Evolution and implications of pmbok 7th edition', 'summary': 'Discusses the changes in pmbok 7, including the shift to performance domains, introduction of project principles, and the adoption of a principle-based standard. it also outlines the evolution of pmbok and pmbok guide, as well as the value delivery system and project delivery principles.', 'chapters': [{'end': 30508.432, 'start': 30207.757, 'title': 'Pmbok 7th edition: driving project outcomes', 'summary': "Discusses pmbok 7th edition's focus on project performance domains, technology-driven innovation, and a shift towards outcome-oriented and value delivery system principles, reflecting a move from process-oriented to outcome-oriented approach and addressing project delivery as well as management.", 'duration': 300.675, 'highlights': ['The seventh edition of the guide is structured around project performance domains, emphasizing the critical activities for effective project outcome delivery.', 'Technology and software have been driving innovation and creating new business models and ways of working over the past 10 years.', 'PMBOK 7th edition focuses on outcomes rather than deliverables, reflecting a stronger emphasis on project outcomes.', 'The value delivery system in the 7th edition emphasizes the holistic approach through which projects deliver tangible and intangible business benefits to customers, employees, and partners.', 'The shift in PMBOK 7th edition is from a process-oriented to principles-oriented or outcome-oriented approach, reflecting a broader scope and agile influence.']}, {'end': 31247.815, 'start': 30508.432, 'title': 'Pmbok 7: changes and implications', 'summary': 'Discusses the key changes in pmbok 7, including the shift to performance domains, introduction of project principles, and the adoption of a principle-based standard, with a focus on 12 principles and 8 performance domains. it also introduces standards plus, a digital platform connecting pmbok to practical content. additionally, it outlines the 4-step tailoring method and the incorporation of models, methods, and artifacts into the guide.', 'duration': 739.383, 'highlights': ['The shift to performance domains and adoption of a principle-based standard, focusing on 12 principles and 8 performance domains, are key changes in PMBOK 7.', 'Introduction of Standards Plus, a digital platform connecting PMBOK to practical content, provides project management practitioners with easy-to-consume formats such as articles, videos, audios, and downloadable templates.', 'The 4-step tailoring method outlined in PMBOK 7 includes steps for selecting the initial development approach, tailoring for organization, tailoring for the project, and implementing ongoing improvement.', 'PMBOK 7 introduces a section listing common models, methods, and artifacts available to project practitioners, providing a brief description of each and mapping them to one or more of the project performance domains.']}, {'end': 31477.605, 'start': 31248.255, 'title': 'Evolution of pmbok', 'summary': 'Outlines the purpose and history of the pmbok, including its evolution from the first edition in 1996 to the current sixth edition, highlighting key updates, knowledge areas, and the standardization process, with an interval of new version releases every four years.', 'duration': 229.35, 'highlights': ['The PMBOK has evolved through several editions, with the current sixth edition having 44 processes and emphasizing the framework for applying the standard with a wide range of knowledge stored in PMI standards plus.', "The PMBOK's history dates back to its first version in 1996, followed by subsequent editions in 2000, 2004, and 2008, with updates and inclusion of newer practices in project management.", 'PMI-2 aimed to standardize the process of basing information in PMBOK as generally recognized good practice used on most projects most of the time, with the process count jumping to 44 in the subsequent edition.', 'A new version of the PMBOK is released every four years, reflecting the recognition of project management as a professional skill to be developed and the consensus about the value and usefulness of its practices.']}, {'end': 31800.189, 'start': 31478.186, 'title': 'Evolution of pmbok guide', 'summary': 'Discusses the evolution of the pmbok guide from the 4th to the 7th edition, highlighting the reduction in processes from 44 to 42, the introduction of agile practices, and the shift to a principles-oriented approach in the 7th edition in response to technological advancements and changing market needs.', 'duration': 322.003, 'highlights': ['The process count reduced from 44 to 42, and the ITTO count reduced from 599 to 517 during the edition process.', 'The PMBOK 6th edition, released in 2017, introduced Agile practices for the first time, reflecting the growing influence of technology and software in driving innovation and new business models.', 'The 7th edition of PMBOK Guide shifted from a process-oriented approach to a principles-oriented approach, incorporating Agile principles and focusing on project outcomes rather than just deliverables.']}, {'end': 32087.911, 'start': 31800.189, 'title': 'Value delivery system and project delivery principles', 'summary': 'Discusses the value delivery system and project delivery principles, highlighting the holistic system for delivering business value, 12 project delivery principles, and the differences between pmbok 6 and pmbok 7.', 'duration': 287.722, 'highlights': ['The value delivery system is the holistic system through which projects deliver business value, comprising portfolios, projects, programs, operations, and governance systems.', 'Project delivery principles include 12 guiding principles, such as being a diligent steward, building a culture of accountability and respect, and addressing complexity using knowledge and experience.', 'PMBOK 7 focuses on principles to guide mindset, actions, and behaviors, while PMBOK 6 is more prescriptive and process-focused, with a shift towards principle-based guidance in the 7th edition.']}], 'duration': 1880.154, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM30207757.jpg', 'highlights': ['The shift to performance domains and adoption of a principle-based standard are key changes in PMBOK 7.', 'The value delivery system in the 7th edition emphasizes the holistic approach through which projects deliver tangible and intangible business benefits.', 'The seventh edition of the guide is structured around project performance domains, emphasizing critical activities for effective project outcome delivery.', 'The 7th edition of PMBOK Guide shifted from a process-oriented approach to a principles-oriented approach, incorporating Agile principles.', 'The PMBOK has evolved through several editions, with the current sixth edition having 44 processes and emphasizing the framework for applying the standard.', 'Introduction of Standards Plus, a digital platform connecting PMBOK to practical content, provides project management practitioners with easy-to-consume formats.', 'The value delivery system is the holistic system through which projects deliver business value, comprising portfolios, projects, programs, operations, and governance systems.', "The PMBOK's history dates back to its first version in 1996, followed by subsequent editions in 2000, 2004, and 2008, with updates and inclusion of newer practices in project management.", 'The 4-step tailoring method outlined in PMBOK 7 includes steps for selecting the initial development approach, tailoring for organization, tailoring for the project, and implementing ongoing improvement.', 'The process count reduced from 44 to 42, and the ITTO count reduced from 599 to 517 during the edition process.']}, {'end': 33456.029, 'segs': [{'end': 32166.024, 'src': 'embed', 'start': 32141.701, 'weight': 1, 'content': [{'end': 32150.87, 'text': 'It supercharges carriers for project leaders across industries and really helps organizations find the people they need to work smarter and perform better.', 'start': 32141.701, 'duration': 9.169}, {'end': 32157.477, 'text': 'You can take a PMP certification exam at home or in your office when it fits your schedule.', 'start': 32151.351, 'duration': 6.126}, {'end': 32166.024, 'text': 'So research indicates that employers will need to fill nearly 2.2 million new project oriented roles each year through 2027.', 'start': 32158.037, 'duration': 7.987}], 'summary': 'Organizations can find the people they need to work smarter and perform better. employers will need to fill 2.2 million new project-oriented roles annually through 2027.', 'duration': 24.323, 'max_score': 32141.701, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM32141701.jpg'}, {'end': 32265.842, 'src': 'embed', 'start': 32216.639, 'weight': 0, 'content': [{'end': 32219.001, 'text': 'The first one is predictive or waterfall.', 'start': 32216.639, 'duration': 2.362}, {'end': 32222.063, 'text': 'Then you have agile and finally hybrid.', 'start': 32219.521, 'duration': 2.542}, {'end': 32229.348, 'text': 'You have to gain a competitive edge, prove your work smarter, make your goals a reality and earn the PMP today.', 'start': 32222.483, 'duration': 6.865}, {'end': 32237.551, 'text': 'Now that we know what is the PMP certification, we will understand why choose only the PMP exam.', 'start': 32229.908, 'duration': 7.643}, {'end': 32241.132, 'text': 'Firstly, the PMP adds great value.', 'start': 32238.131, 'duration': 3.001}, {'end': 32256.798, 'text': 'CIO magazine ranked the PMP as the top project management certification in North America because it demonstrates you have the specific skills employers really see dedication to excellence and the capacity to perform at the highest levels.', 'start': 32241.132, 'duration': 15.666}, {'end': 32259.419, 'text': 'PMP also delivers benefits.', 'start': 32257.458, 'duration': 1.961}, {'end': 32265.842, 'text': 'The median salary for project professionals in North America is 25% higher than those without it.', 'start': 32259.879, 'duration': 5.963}], 'summary': 'Pmp certification offers competitive edge; median salary 25% higher for project professionals in north america.', 'duration': 49.203, 'max_score': 32216.639, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM32216639.jpg'}, {'end': 32370.036, 'src': 'embed', 'start': 32341.271, 'weight': 2, 'content': [{'end': 32346.755, 'text': 'you have to make sure you meet some of the following sets of pmp certification requirements.', 'start': 32341.271, 'duration': 5.484}, {'end': 32350.098, 'text': 'the first one is you will need a four-year degree.', 'start': 32346.755, 'duration': 3.343}, {'end': 32356.424, 'text': 'so once that has been satisfied, then you will have to check you have been leading projects for at least 36 months.', 'start': 32350.098, 'duration': 6.326}, {'end': 32365.412, 'text': 'If you have surpassed that to, then the last requirement is you will need 35 hours of project management education or training.', 'start': 32357.825, 'duration': 7.587}, {'end': 32370.036, 'text': 'either that or you will have had to clear the CAPM certification.', 'start': 32365.412, 'duration': 4.624}], 'summary': 'Pmp certification requires a 4-year degree, 36 months of project leadership, and 35 hours of project management education/training.', 'duration': 28.765, 'max_score': 32341.271, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM32341271.jpg'}, {'end': 32502.585, 'src': 'embed', 'start': 32479.966, 'weight': 7, 'content': [{'end': 32488.452, 'text': "So as I've already mentioned previously the exam identifies the proportion of questions from three different domains.", 'start': 32479.966, 'duration': 8.486}, {'end': 32491.514, 'text': 'The first one is the people domain.', 'start': 32488.912, 'duration': 2.602}, {'end': 32493.335, 'text': 'The second one is process.', 'start': 32491.954, 'duration': 1.381}, {'end': 32494.936, 'text': 'The third one is business environment.', 'start': 32493.375, 'duration': 1.561}, {'end': 32502.585, 'text': 'The people domain consists of 42% of items on the test and they are divided into different tasks.', 'start': 32495.356, 'duration': 7.229}], 'summary': 'Exam consists of 42% people domain questions', 'duration': 22.619, 'max_score': 32479.966, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM32479966.jpg'}, {'end': 32670.274, 'src': 'embed', 'start': 32643.928, 'weight': 8, 'content': [{'end': 32650.715, 'text': 'In task 8 you have to negotiate project agreements that is analyze the bounds of the negotiations for agreement.', 'start': 32643.928, 'duration': 6.787}, {'end': 32655.38, 'text': 'You will also have to assess priorities and determine the ultimate objectives.', 'start': 32651.015, 'duration': 4.365}, {'end': 32658.623, 'text': 'verify that the objectives of the project requirements are met.', 'start': 32655.38, 'duration': 3.243}, {'end': 32661.546, 'text': 'participate in agreement negotiations.', 'start': 32658.623, 'duration': 2.923}, {'end': 32663.748, 'text': 'also determine a negotiation strategy.', 'start': 32661.546, 'duration': 2.202}, {'end': 32670.274, 'text': 'In task 9, you have to collaborate with stakeholders, that is, evaluate engagement needs for stakeholders,', 'start': 32664.429, 'duration': 5.845}], 'summary': 'Negotiate project agreements, assess priorities, and collaborate with stakeholders.', 'duration': 26.346, 'max_score': 32643.928, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM32643928.jpg'}, {'end': 32818.93, 'src': 'embed', 'start': 32784.658, 'weight': 9, 'content': [{'end': 32788.959, 'text': 'Here you will have to assess opportunities to deliver value incrementally,', 'start': 32784.658, 'duration': 4.301}, {'end': 32797.36, 'text': 'examine the business value throughout the project and support the team to subdivide project tasks as necessary to find the minimum viable product.', 'start': 32788.959, 'duration': 8.401}, {'end': 32800.561, 'text': 'In task 2, you will have to manage communications.', 'start': 32797.941, 'duration': 2.62}, {'end': 32807.125, 'text': 'You will have to analyze communication needs of all the stakeholders, determine communication methods, channels,', 'start': 32800.942, 'duration': 6.183}, {'end': 32810.286, 'text': 'frequency and level of detail for all stakeholders.', 'start': 32807.125, 'duration': 3.161}, {'end': 32818.93, 'text': 'Communicate project information and updates effectively here and also confirm communication is understood and feedback is received.', 'start': 32810.747, 'duration': 8.183}], 'summary': 'Assess opportunities for incremental value, manage communications effectively, and confirm stakeholder feedback.', 'duration': 34.272, 'max_score': 32784.658, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM32784658.jpg'}, {'end': 33456.029, 'src': 'heatmap', 'start': 33080.879, 'weight': 1, 'content': [{'end': 33084.982, 'text': 'Determine the necessary approach and action to really address compilance needs.', 'start': 33080.879, 'duration': 4.103}, {'end': 33088.065, 'text': 'Measure the extent to which the project is in compilance.', 'start': 33085.402, 'duration': 2.663}, {'end': 33091.667, 'text': 'In task 2, you evaluate and deliver project benefits and value.', 'start': 33088.425, 'duration': 3.242}, {'end': 33094.91, 'text': 'Here you investigate that benefits are identified.', 'start': 33092.088, 'duration': 2.822}, {'end': 33099.432, 'text': 'document agreement on ownership for ongoing benefit realization.', 'start': 33094.91, 'duration': 4.522}, {'end': 33108.9, 'text': 'verify measurement system is in place to track benefits and evaluate delivery options to demonstrate value appraise stakeholders of value gain process.', 'start': 33099.432, 'duration': 9.468}, {'end': 33115.084, 'text': 'In task 3 you evaluate and address external business environment changes for impact on scope.', 'start': 33109.46, 'duration': 5.624}, {'end': 33115.744, 'text': 'That is,', 'start': 33115.483, 'duration': 0.261}, {'end': 33125.07, 'text': 'you survey your changes to external business environment access and prioritize impact on project scope or backlog based on changes in external business environment.', 'start': 33115.744, 'duration': 9.326}, {'end': 33129.352, 'text': 'Here also, you recommend options for scope or backlog changes.', 'start': 33125.55, 'duration': 3.802}, {'end': 33134.775, 'text': 'continually review external business environment for impacts on project scope or backlog.', 'start': 33129.352, 'duration': 5.423}, {'end': 33141.358, 'text': 'Finally, in task 4, you support organizational change, that is, you assess organizational culture,', 'start': 33135.296, 'duration': 6.062}, {'end': 33147.22, 'text': 'evaluate impact of organizational change to project and determine required actions.', 'start': 33141.358, 'duration': 5.862}, {'end': 33152.963, 'text': 'You also evaluate impact of the project to the organization and determine required actions.', 'start': 33147.641, 'duration': 5.322}, {'end': 33159.686, 'text': 'Now that we have discussed the PMP content outline, we will understand ways to really prepare for this exam.', 'start': 33153.603, 'duration': 6.083}, {'end': 33162.868, 'text': "The first thing you'll have to do is move forward with confidence.", 'start': 33160.125, 'duration': 2.743}, {'end': 33168.891, 'text': 'So there are five ways project management professionals commonly tackle the exam prep process.', 'start': 33163.368, 'duration': 5.523}, {'end': 33172.233, 'text': 'The first step is to envision the finish line.', 'start': 33169.29, 'duration': 2.943}, {'end': 33181.057, 'text': 'create a clear mission statement, spelling out why earning the PMP is important to you, and review it to stay motivated throughout the prep process.', 'start': 33172.233, 'duration': 8.824}, {'end': 33186.425, 'text': 'You will have to plan to regularly study in the weeks or months ahead of the big day.', 'start': 33181.638, 'duration': 4.787}, {'end': 33191.231, 'text': "You'll have to also create a study schedule that integrates work and family obligations.", 'start': 33186.765, 'duration': 4.466}, {'end': 33194.415, 'text': 'Share your goal with others so they can help you stay on track.', 'start': 33191.692, 'duration': 2.723}, {'end': 33196.258, 'text': 'Seek support from your boss.', 'start': 33194.856, 'duration': 1.402}, {'end': 33199.442, 'text': 'See if your organization will allow you to study during work hours.', 'start': 33196.298, 'duration': 3.144}, {'end': 33202.824, 'text': 'The second step is to tour the terrain.', 'start': 33200.142, 'duration': 2.682}, {'end': 33204.504, 'text': 'learn more about the exams.', 'start': 33202.824, 'duration': 1.68}, {'end': 33207.006, 'text': '180 question format.', 'start': 33204.504, 'duration': 2.502}, {'end': 33214.29, 'text': 'questions will be a combination of MCQs, multiple responses, matching hotspot and limited fill in the blank.', 'start': 33207.006, 'duration': 7.284}, {'end': 33221.135, 'text': 'You can also closely review the PMP exam content outline below, available in 16 translations,', 'start': 33214.691, 'duration': 6.444}, {'end': 33226.758, 'text': 'which details knowledge areas covered in the PMP exam content outline that we just discussed.', 'start': 33221.135, 'duration': 5.623}, {'end': 33229.4, 'text': 'You will have to create a course of action.', 'start': 33227.377, 'duration': 2.023}, {'end': 33233.104, 'text': 'This is by finding the most useful exam prep resources.', 'start': 33229.9, 'duration': 3.204}, {'end': 33239.03, 'text': 'Check out the local PMI chapters that can help you find a study group or members willing to guide you.', 'start': 33233.625, 'duration': 5.405}, {'end': 33243.595, 'text': 'Also an authorized training providers to help you prepare for the exam,', 'start': 33239.551, 'duration': 4.044}, {'end': 33248.22, 'text': 'and also many practice exams can be found online or as part of formal training courses.', 'start': 33243.595, 'duration': 4.625}, {'end': 33250.741, 'text': 'Fourth step would to hit the books.', 'start': 33248.9, 'duration': 1.841}, {'end': 33259.567, 'text': "A guide to the project management body of knowledge that is the PMBOK guide is a go-to reference book but the exam isn't only based solely on this.", 'start': 33251.161, 'duration': 8.406}, {'end': 33267.871, 'text': 'Many PMI members lean on PMP exam book preps You can head on to the projectmanagement.com for more recommendations.', 'start': 33260.087, 'duration': 7.784}, {'end': 33270.911, 'text': 'Finally, the fifth way is to join the club.', 'start': 33268.411, 'duration': 2.5}, {'end': 33274.752, 'text': 'Project professionals are eager to provide advice and encouragement.', 'start': 33271.292, 'duration': 3.46}, {'end': 33281.635, 'text': 'You can check out projectmanagement.com, where there are plenty of blog posts and community discussions which are devoted to exam,', 'start': 33275.112, 'duration': 6.523}, {'end': 33282.976, 'text': 'prep challenges and advice.', 'start': 33281.635, 'duration': 1.341}, {'end': 33290.258, 'text': "PMI's LinkedIn project professional group is also a great place to post a question about the exam prep process when you've hit a wall.", 'start': 33283.496, 'duration': 6.762}, {'end': 33292.919, 'text': 'You can also check out the local PMI chapters.', 'start': 33290.697, 'duration': 2.222}, {'end': 33295.519, 'text': 'These can be another resource when you need a hand.', 'start': 33293.379, 'duration': 2.14}, {'end': 33302.102, 'text': "With this we move on to the next part of this session where we'll be talking about PMP exam day essentials.", 'start': 33295.98, 'duration': 6.122}, {'end': 33308.349, 'text': 'Now that you have made the investment to earn the project management professional certification,', 'start': 33302.862, 'duration': 5.487}, {'end': 33311.752, 'text': 'it is time to make the commitment to prepare for and pass the exam.', 'start': 33308.349, 'duration': 3.403}, {'end': 33316.779, 'text': 'Carving out time and securing the proper materials to study requires discipline and focus.', 'start': 33312.112, 'duration': 4.667}, {'end': 33319.862, 'text': 'As a project professional, you have got what it takes.', 'start': 33317.22, 'duration': 2.642}, {'end': 33323.247, 'text': 'First you have to pad your schedule visit the test center in advance.', 'start': 33320.322, 'duration': 2.925}, {'end': 33328.994, 'text': 'So, you know precisely how to get there find the room immediately on test day arrive 30 minutes early.', 'start': 33323.286, 'duration': 5.708}, {'end': 33331.497, 'text': 'So you have time to relax before you start your exam.', 'start': 33329.014, 'duration': 2.483}, {'end': 33337.205, 'text': 'The second advice would be to know your limits to 30 minutes time allocated for exam completions.', 'start': 33331.798, 'duration': 5.407}, {'end': 33344.167, 'text': "there'll be two 10 minutes breaks for computer-based tests, no scheduled breaks for paper-based exam.", 'start': 33337.725, 'duration': 6.442}, {'end': 33349.39, 'text': 'and third one is to make sure you have your id, which is valid and government issues.', 'start': 33344.167, 'duration': 5.223}, {'end': 33357.273, 'text': "it should include your photo and your signature and you don't really have to carry your calculator because you have it built into computer-based tests.", 'start': 33349.39, 'duration': 7.883}, {'end': 33362.516, 'text': 'scratch paper and pencils or erasable boards and markers are provided by test administrators.', 'start': 33357.273, 'duration': 5.243}, {'end': 33368.199, 'text': "so again, you don't have to really carry them and you will find out if your pass before you leave, that is, results,", 'start': 33362.516, 'duration': 5.683}, {'end': 33370.302, 'text': 'is completely computer-based testing.', 'start': 33368.199, 'duration': 2.103}, {'end': 33379.189, 'text': 'so it will be out immediately after your exam.', 'start': 33370.302, 'duration': 8.887}, {'end': 33381.511, 'text': 'overview of the pmp exam.', 'start': 33379.189, 'duration': 2.322}, {'end': 33389.686, 'text': 'the new version of the project management professional certification exam launched on the 2nd january 2021.', 'start': 33381.511, 'duration': 8.175}, {'end': 33395.352, 'text': 'The PMP certification exam can be completed either in your home or even in your office.', 'start': 33389.686, 'duration': 5.666}, {'end': 33403.118, 'text': 'So about the new PMP exam feedback and information was gathered from leaders and practitioners from all around the world.', 'start': 33395.911, 'duration': 7.207}, {'end': 33410.925, 'text': "The PMP exam has evolved to meet today's demands of the profession organizations and most importantly you.", 'start': 33403.458, 'duration': 7.467}, {'end': 33419.335, 'text': 'It focuses mainly on three domains that you can see on the screen that will help you gain a competitive edge and prove you work smarter.', 'start': 33411.405, 'duration': 7.93}, {'end': 33421.498, 'text': 'The first domain is people.', 'start': 33419.756, 'duration': 1.742}, {'end': 33428.106, 'text': "Here it emphasizes the soft skills you need to effectively lead a project team in today's changing environment.", 'start': 33421.858, 'duration': 6.248}, {'end': 33435.311, 'text': 'The second domain is the process which helps you reinforce the technical aspects of successfully managing projects.', 'start': 33428.506, 'duration': 6.805}, {'end': 33442.858, 'text': 'The third domain is business environment, which highlights the connection between projects and the organizational strategy.', 'start': 33435.792, 'duration': 7.066}, {'end': 33449.644, 'text': 'the content that spans the value delivery spectrum includes predictive, agile and hybrid approaches.', 'start': 33442.858, 'duration': 6.786}, {'end': 33456.029, 'text': 'These will be included across the three exam domains that we just discussed that is people process and business environment.', 'start': 33450.064, 'duration': 5.965}], 'summary': 'Evaluate project compliance, prepare for pmp exam, and understand new exam format.', 'duration': 375.15, 'max_score': 33080.879, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM33080879.jpg'}, {'end': 33221.135, 'src': 'embed', 'start': 33172.233, 'weight': 4, 'content': [{'end': 33181.057, 'text': 'create a clear mission statement, spelling out why earning the PMP is important to you, and review it to stay motivated throughout the prep process.', 'start': 33172.233, 'duration': 8.824}, {'end': 33186.425, 'text': 'You will have to plan to regularly study in the weeks or months ahead of the big day.', 'start': 33181.638, 'duration': 4.787}, {'end': 33191.231, 'text': "You'll have to also create a study schedule that integrates work and family obligations.", 'start': 33186.765, 'duration': 4.466}, {'end': 33194.415, 'text': 'Share your goal with others so they can help you stay on track.', 'start': 33191.692, 'duration': 2.723}, {'end': 33196.258, 'text': 'Seek support from your boss.', 'start': 33194.856, 'duration': 1.402}, {'end': 33199.442, 'text': 'See if your organization will allow you to study during work hours.', 'start': 33196.298, 'duration': 3.144}, {'end': 33202.824, 'text': 'The second step is to tour the terrain.', 'start': 33200.142, 'duration': 2.682}, {'end': 33204.504, 'text': 'learn more about the exams.', 'start': 33202.824, 'duration': 1.68}, {'end': 33207.006, 'text': '180 question format.', 'start': 33204.504, 'duration': 2.502}, {'end': 33214.29, 'text': 'questions will be a combination of MCQs, multiple responses, matching hotspot and limited fill in the blank.', 'start': 33207.006, 'duration': 7.284}, {'end': 33221.135, 'text': 'You can also closely review the PMP exam content outline below, available in 16 translations,', 'start': 33214.691, 'duration': 6.444}], 'summary': 'Prepare for pmp exam with clear mission, study schedule, and support. exam has 180 questions in various formats.', 'duration': 48.902, 'max_score': 33172.233, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM33172233.jpg'}, {'end': 33302.102, 'src': 'embed', 'start': 33268.411, 'weight': 5, 'content': [{'end': 33270.911, 'text': 'Finally, the fifth way is to join the club.', 'start': 33268.411, 'duration': 2.5}, {'end': 33274.752, 'text': 'Project professionals are eager to provide advice and encouragement.', 'start': 33271.292, 'duration': 3.46}, {'end': 33281.635, 'text': 'You can check out projectmanagement.com, where there are plenty of blog posts and community discussions which are devoted to exam,', 'start': 33275.112, 'duration': 6.523}, {'end': 33282.976, 'text': 'prep challenges and advice.', 'start': 33281.635, 'duration': 1.341}, {'end': 33290.258, 'text': "PMI's LinkedIn project professional group is also a great place to post a question about the exam prep process when you've hit a wall.", 'start': 33283.496, 'duration': 6.762}, {'end': 33292.919, 'text': 'You can also check out the local PMI chapters.', 'start': 33290.697, 'duration': 2.222}, {'end': 33295.519, 'text': 'These can be another resource when you need a hand.', 'start': 33293.379, 'duration': 2.14}, {'end': 33302.102, 'text': "With this we move on to the next part of this session where we'll be talking about PMP exam day essentials.", 'start': 33295.98, 'duration': 6.122}], 'summary': "Join projectmanagement.com and pmi's linkedin group for exam prep advice and support.", 'duration': 33.691, 'max_score': 33268.411, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM33268411.jpg'}], 'start': 32088.812, 'title': 'Pmp certification and exam preparation', 'summary': 'Discusses the value and process of pmp certification, highlighting 25% higher median salary, 2.2 million new project-oriented roles annually through 2027, and 35 hours of project management education needed. it also covers pmp exam domains, tasks, project management tasks overview, and pmp exam prep strategies including new exam format emphasizing predictive, agile, and hybrid approaches.', 'chapters': [{'end': 32479.266, 'start': 32088.812, 'title': 'Pmp certification: value and process', 'summary': 'Discusses the availability and cost of pmbok 7, the demand for pmp professionals, the benefits and value of pmp certification, and the requirements and steps to obtain pmp certification, highlighting the 25% higher median salary, the 2.2 million new project-oriented roles annually through 2027, and the 35 hours of project management education or training needed for pmp certification.', 'duration': 390.454, 'highlights': ['The PMP certification proves project leadership experience and expertise in any way of working, with research indicating that employers will need to fill nearly 2.2 million new project-oriented roles each year through 2027.', 'The median salary for project professionals in North America is 25% higher for PMP holders, and there are more than 1 million PMP certification holders worldwide.', 'To obtain PMP certification, one needs 35 hours of project management education or training, and the exam fee for non-members is almost double the price for PMI members.']}, {'end': 32643.347, 'start': 32479.966, 'title': 'Pmp exam domains and tasks', 'summary': 'Discusses the breakdown of pmp exam questions into three domains: people, process, and business environment, with the people domain accounting for 42% of the test, and delves into the 14 tasks within the people domain, highlighting the key responsibilities and skills required for each task.', 'duration': 163.381, 'highlights': ['The people domain constitutes 42% of the PMP exam, with 14 tasks to be covered, including managing conflict, leading a team, supporting team performance, empowering team members, ensuring adequate training, building a team, and addressing impediments, obstacles, and blockers.', "In the 'manage conflict' task, candidates need to interpret the conflict source and stage, analyze the context, and recommend appropriate conflict resolution solutions.", "The 'lead a team' task requires candidates to set a clear vision, support diversity and inclusion, determine an appropriate leadership style, and inspire and influence team members.", "The 'support team performance' task entails appraising team member performance, recognizing growth, providing feedback, and verifying performance improvements.", "The 'empower team members' task focuses on organizing around team strengths, supporting task accountability, and evaluating decision-making authority levels.", "In the 'ensure team members are adequately trained' task, candidates need to determine required competencies, training elements, options, allocate resources, and measure training outcomes.", "The 'build a team' task involves appraising stakeholder skills, deducing project resource requirements, refreshing team skills, and maintaining knowledge transfer.", "The 'address and remove impediments' task requires prioritizing and implementing solutions for critical blockers, and reassessing continually to ensure ongoing resolution."]}, {'end': 33152.963, 'start': 32643.928, 'title': 'Project management tasks overview', 'summary': 'Provides an overview of project management tasks which include negotiating project agreements, collaborating with stakeholders, building shared understanding, and executing project activities with a detailed breakdown of each task.', 'duration': 509.035, 'highlights': ['Task 8 involves negotiating project agreements, analyzing the bounds of negotiations, and determining negotiation strategy.', 'Task 2 focuses on managing communications by analyzing stakeholder communication needs and confirming communication understanding and feedback.', 'Task 1 includes executing projects with urgency, assessing opportunities to deliver value incrementally, and supporting the team to subdivide project tasks.', 'Task 9 involves integrating project planning activities by consolidating project or phase plans, assessing data, and making informed project decisions.', 'Task 14 focuses on establishing project governance structure, determining appropriate governance, and defining escalation paths and thresholds.']}, {'end': 33456.029, 'start': 33153.603, 'title': 'Pmp exam prep strategies', 'summary': 'Outlines five key strategies for pmp exam preparation, including creating a clear mission statement, seeking support, learning about the exam format, finding useful exam prep resources, and joining project management communities for advice and encouragement. the new version of the pmp exam, launched on january 2nd, 2021, emphasizes three domains: people, process, and business environment, covering predictive, agile, and hybrid approaches.', 'duration': 302.426, 'highlights': ['The new version of the PMP exam, launched on January 2nd, 2021, emphasizes three domains: people, process, and business environment, covering predictive, agile, and hybrid approaches.', 'The chapter outlines five key strategies for PMP exam preparation, including creating a clear mission statement, seeking support, learning about the exam format, finding useful exam prep resources, and joining project management communities for advice and encouragement.', 'Knowing the exam format, which comprises 180 questions in various formats, and finding useful exam prep resources, such as local PMI chapters and practice exams, is crucial for effective PMP exam preparation.', "Joining project management communities, like projectmanagement.com and PMI's LinkedIn group, can provide valuable advice and encouragement during the exam preparation process.", 'Creating a clear mission statement, seeking support from employers, and carving out study time are essential steps for effective PMP exam preparation.']}], 'duration': 1367.217, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM32088812.jpg', 'highlights': ['PMP certification holders in North America earn 25% higher median salary', '2.2 million new project-oriented roles annually through 2027', '35 hours of project management education needed for PMP certification', 'PMP exam emphasizes predictive, agile, and hybrid approaches', 'PMP exam comprises 180 questions in various formats', 'Joining project management communities for advice and encouragement is crucial for PMP exam preparation', 'Creating a clear mission statement and seeking employer support are essential for effective PMP exam preparation', 'People domain constitutes 42% of the PMP exam', 'Task 8 involves negotiating project agreements and determining negotiation strategy', 'Task 2 focuses on managing communications by analyzing stakeholder communication needs']}, {'end': 34289.182, 'segs': [{'end': 33482.642, 'src': 'embed', 'start': 33456.75, 'weight': 4, 'content': [{'end': 33462.913, 'text': 'So the first and the most important eligibility criteria is you must have a four-year degree.', 'start': 33456.75, 'duration': 6.163}, {'end': 33470.117, 'text': 'The second important criteria is that you must have at least 36 months leading projects,', 'start': 33463.534, 'duration': 6.583}, {'end': 33479.661, 'text': 'and the last criteria is you will either have to have 35 hours of project management education or you must have cleared the CAPM certification exam.', 'start': 33470.117, 'duration': 9.544}, {'end': 33482.642, 'text': 'For those who do not have a four-year degree.', 'start': 33480.222, 'duration': 2.42}], 'summary': 'Eligibility criteria: 4-year degree, 36 months leading projects, 35 hours pm education or capm certification', 'duration': 25.892, 'max_score': 33456.75, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM33456750.jpg'}, {'end': 33534.708, 'src': 'embed', 'start': 33506.027, 'weight': 3, 'content': [{'end': 33508.928, 'text': "Let's move ahead and talk about the exam fees.", 'start': 33506.027, 'duration': 2.901}, {'end': 33518.375, 'text': 'Now if you want to write the PMP certification exam with the PMI membership, it would cost you $405.', 'start': 33509.688, 'duration': 8.687}, {'end': 33525.5, 'text': 'But if you do not have the PMI membership, then the PMP certification would cost you $555.', 'start': 33518.375, 'duration': 7.125}, {'end': 33530.124, 'text': 'Now you must be wondering how much is the PMI membership and what are the benefits.', 'start': 33525.5, 'duration': 4.624}, {'end': 33534.708, 'text': 'the one-time payment for this PMI membership fee is $139, which includes the $10 one-time application fee.', 'start': 33530.124, 'duration': 4.584}], 'summary': 'Pmp exam with pmi membership costs $405; without membership it costs $555. pmi membership fee is $139, including $10 application fee.', 'duration': 28.681, 'max_score': 33506.027, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM33506027.jpg'}, {'end': 33686.298, 'src': 'embed', 'start': 33623.476, 'weight': 0, 'content': [{'end': 33629.658, 'text': "Now let's talk about the next important thing, that is, the PMP certification salary and jobs.", 'start': 33623.476, 'duration': 6.182}, {'end': 33638.961, 'text': 'So firstly a project management certified professionals annual compensation ranges from INR 2 lakh rupees to 10 lakh on average.', 'start': 33630.398, 'duration': 8.563}, {'end': 33644.364, 'text': 'Candidates with the PMP certification can work in both public and private enterprises.', 'start': 33639.561, 'duration': 4.803}, {'end': 33650.907, 'text': 'Certification project management professionals are in great demand both in foreign countries and India.', 'start': 33644.844, 'duration': 6.063}, {'end': 33656.45, 'text': 'After completing the course, students will be qualified for high paying jobs in variety of sectors.', 'start': 33651.347, 'duration': 5.103}, {'end': 33664.638, 'text': 'The median salary for PMP holders in the United States is 25% higher than those without PMP certification.', 'start': 33657.17, 'duration': 7.468}, {'end': 33668.962, 'text': "According to PMI's most recent project management salary survey.", 'start': 33664.978, 'duration': 3.984}, {'end': 33674.949, 'text': 'Now the opportunities for you to skill up and climb up the ladder in your career.', 'start': 33669.523, 'duration': 5.426}, {'end': 33679.413, 'text': 'It would be advisable for you to opt for a certification training program.', 'start': 33675.469, 'duration': 3.944}, {'end': 33686.298, 'text': "Edureka's PMP training course is instruction-led and prepares you for the PMP certification exam.", 'start': 33680.154, 'duration': 6.144}], 'summary': 'Pmp certified professionals earn inr 2-10 lakh annually, with 25% higher salary in the us. edureka offers pmp training.', 'duration': 62.822, 'max_score': 33623.476, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM33623476.jpg'}, {'end': 33926.718, 'src': 'embed', 'start': 33899.282, 'weight': 5, 'content': [{'end': 33902.283, 'text': 'The project management life cycle consists of four simple phases.', 'start': 33899.282, 'duration': 3.001}, {'end': 33904.284, 'text': 'The first phase is initiation.', 'start': 33902.703, 'duration': 1.581}, {'end': 33908.026, 'text': "It's the first and the most vital step in the life cycle of a project,", 'start': 33904.304, 'duration': 3.722}, {'end': 33911.648, 'text': 'where the initial scope of the project gets defined and the resources are committed.', 'start': 33908.026, 'duration': 3.622}, {'end': 33914.31, 'text': 'This process group ensures the success of your project.', 'start': 33912.048, 'duration': 2.262}, {'end': 33916.271, 'text': 'The next phase is planning.', 'start': 33914.59, 'duration': 1.681}, {'end': 33923.076, 'text': 'in this process, group and appropriate level of detail is noted down for the project to plan time, cost and the resources needed,', 'start': 33916.271, 'duration': 6.805}, {'end': 33926.718, 'text': 'it estimates that work needed and to also manage the risk effectively.', 'start': 33923.076, 'duration': 3.642}], 'summary': 'Project management life cycle: 4 phases, initiation and planning key for success.', 'duration': 27.436, 'max_score': 33899.282, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM33899282.jpg'}, {'end': 34003.911, 'src': 'embed', 'start': 33974, 'weight': 6, 'content': [{'end': 33976.861, 'text': 'So these are some of the skills that a project manager should have.', 'start': 33974, 'duration': 2.861}, {'end': 33984.285, 'text': 'So firstly he or she should have good communication skill, next leadership and then team management, negotiation power,', 'start': 33977.221, 'duration': 7.064}, {'end': 33986.986, 'text': 'personal organization and also risk management.', 'start': 33984.285, 'duration': 2.701}, {'end': 33990.828, 'text': 'So these are some important skills that every project manager should possess.', 'start': 33987.466, 'duration': 3.362}, {'end': 33993.408, 'text': 'With this said let us move on to our next question.', 'start': 33991.448, 'duration': 1.96}, {'end': 33997.749, 'text': 'Our next question is what quality should a project manager have now?', 'start': 33994.049, 'duration': 3.7}, {'end': 34003.911, 'text': 'This question is kind of similar to the previous questions, but these talks about the quality that the project managers should have.', 'start': 33997.789, 'duration': 6.122}], 'summary': 'A project manager should possess communication, leadership, team management, negotiation, organization, and risk management skills.', 'duration': 29.911, 'max_score': 33974, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM33974000.jpg'}, {'end': 34193.031, 'src': 'embed', 'start': 34163.219, 'weight': 8, 'content': [{'end': 34166.001, 'text': 'Our next question is what is the difference between risk and issues?', 'start': 34163.219, 'duration': 2.782}, {'end': 34173.629, 'text': 'while one of the most prominent differences, issues are more of present focused, whereas risk are more of future focused,', 'start': 34166.621, 'duration': 7.008}, {'end': 34178.655, 'text': 'next issues always tend to be negative in nature and risk could be either positive or negative.', 'start': 34173.629, 'duration': 5.026}, {'end': 34182.74, 'text': 'The next difference is issues are generally documented in issue register.', 'start': 34179.236, 'duration': 3.504}, {'end': 34185.983, 'text': 'Whereas risk are generally documented in risk register.', 'start': 34183.12, 'duration': 2.863}, {'end': 34189.667, 'text': 'The last difference is the response to an issue will be issue workaround.', 'start': 34186.564, 'duration': 3.103}, {'end': 34193.031, 'text': 'Whereas the response to risk is based on risk response planning.', 'start': 34190.028, 'duration': 3.003}], 'summary': 'Risk and issues differ in focus, nature, documentation, and response approach.', 'duration': 29.812, 'max_score': 34163.219, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM34163219.jpg'}, {'end': 34231.463, 'src': 'embed', 'start': 34201.86, 'weight': 7, 'content': [{'end': 34207.402, 'text': 'Now, a project manager has a higher chance of finding out the risk and implementing solution in order to minimize them.', 'start': 34201.86, 'duration': 5.542}, {'end': 34210.924, 'text': "being proactive lets him have more control over the project's task and resources.", 'start': 34207.402, 'duration': 3.522}, {'end': 34218.267, 'text': 'They can keep a better track of all the tasks and issues to work towards implementing small changes and improvements for higher productivity and efficiencies.', 'start': 34211.304, 'duration': 6.963}, {'end': 34225.516, 'text': 'They can organize frequent meetings for developers to talk about the problems, brainstorm Solutions, share best practices and so on.', 'start': 34218.727, 'duration': 6.789}, {'end': 34231.463, 'text': 'a project manager also has to compare the actual cost and the time spent on task on a weekly basis with a plan number.', 'start': 34225.516, 'duration': 5.947}], 'summary': 'Being proactive helps project manager minimize risks and improve productivity.', 'duration': 29.603, 'max_score': 34201.86, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM34201860.jpg'}], 'start': 33456.75, 'title': 'Pmp certification and project management essentials', 'summary': 'Covers pmp certification eligibility, cost, resources, salary, and interview questions. it also provides an overview of project management essentials including lifecycle process, skills, leadership styles, risk management, and communication styles.', 'chapters': [{'end': 33839.998, 'start': 33456.75, 'title': 'Pmp certification eligibility, cost, resources, salary, and interview questions', 'summary': "Covers the pmp certification eligibility criteria, exam fees, prominent pmp exam resources, pmp certification salary and jobs, and interview questions, including the average salary of pmp certified professionals ranging from inr 2 lakh to 10 lakh, the pmp certification salary being 25% higher than those without pmp certification in the united states, and the recommendation to enroll in edureka's pmp training course for preparation.", 'duration': 383.248, 'highlights': ['The average annual compensation for project management certified professionals ranges from INR 2 lakh to 10 lakh.', "The median salary for PMP holders in the United States is 25% higher than those without PMP certification, according to PMI's most recent project management salary survey.", "Enrolling in Edureka's PMP training course is recommended for preparation for the PMP certification exam and to understand the global language of project management.", 'The PMP certification exam with PMI membership costs $405, while without membership, it costs $555.', 'The PMI membership fee is a one-time payment of $139, which includes a $10 one-time application fee.', 'The PMP re-examination fee is $275 for PMI members and $375 for non-members.', 'Candidates with the PMP certification can work in both public and private enterprises and are in great demand both in foreign countries and India.', 'The PMBOK guide 6th edition and the 7th edition are considered essential resources for preparing for the PMP exam, along with other prominent books like the Agile practice guide and project management, a systems approach to planning, scheduling and controlling, and the effective project management book.', "The eligibility criteria for the PMP certification include having a four-year degree, 36 months of leading projects, and either 35 hours of project management education or clearing the CAPM certification exam, with an alternative option for those without a four-year degree being a high school diploma or an associate's degree with 60 months leading projects."]}, {'end': 34289.182, 'start': 33840.559, 'title': 'Project management essentials', 'summary': 'Provides an overview of project management, covering the definition, project management lifecycle process, important skills and qualities of a project manager, different types of leadership styles, criteria for an ideal project, steps to ensure project finishing within the given timeline, differences between risk and issues, the importance of proactive project management, and communication styles and time and material contract in projects.', 'duration': 448.623, 'highlights': ['The project management life cycle consists of four simple phases - initiation, planning, executing, and closure, each playing a crucial role in structuring and managing project efforts.', 'The most important skills that a project manager should possess include good communication, leadership, team management, negotiation, personal organization, and risk management.', "The project manager should be proactive to have more control over the project's tasks and resources, organize frequent meetings for developers, and compare actual cost and time spent on tasks with the planned numbers.", 'The project manager needs to detect whether the project is on track or falling behind the agreed timeline and take immediate action to bring it back on track, ensuring the project finishes within the given timeline.', 'The differences between risk and issues lie in their focus - issues are present-focused, while risks are future-focused, and their documentation and response mechanisms.']}], 'duration': 832.432, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM33456750.jpg', 'highlights': ['The median salary for PMP holders in the United States is 25% higher than those without PMP certification.', 'The average annual compensation for project management certified professionals ranges from INR 2 lakh to 10 lakh.', "Enrolling in Edureka's PMP training course is recommended for preparation for the PMP certification exam.", 'The PMP certification exam with PMI membership costs $405, while without membership, it costs $555.', 'The eligibility criteria for the PMP certification include having a four-year degree, 36 months of leading projects, and either 35 hours of project management education or clearing the CAPM certification exam.', 'The project management life cycle consists of four simple phases - initiation, planning, executing, and closure.', 'The most important skills that a project manager should possess include good communication, leadership, team management, negotiation, personal organization, and risk management.', "The project manager should be proactive to have more control over the project's tasks and resources.", 'The differences between risk and issues lie in their focus - issues are present-focused, while risks are future-focused.']}, {'end': 36054.431, 'segs': [{'end': 34342.33, 'src': 'embed', 'start': 34307.21, 'weight': 1, 'content': [{'end': 34310.231, 'text': 'You should also try to incorporate the modification as soon as possible.', 'start': 34307.21, 'duration': 3.021}, {'end': 34315.875, 'text': 'And if this does not work then try to convince and explain the customers to the project fits in with the agreed scope.', 'start': 34310.731, 'duration': 5.144}, {'end': 34319.758, 'text': 'So these are some of the steps that you can take to handle any unhappy customer.', 'start': 34316.335, 'duration': 3.423}, {'end': 34321.619, 'text': 'So now let us move on to the next question.', 'start': 34320.178, 'duration': 1.441}, {'end': 34328.444, 'text': 'Our next question is what are the steps that you will take to do risk planning? So there are five important steps in risk planning.', 'start': 34322.119, 'duration': 6.325}, {'end': 34335.089, 'text': 'The first one is now this steps include identifying and describing all the possible risks that might affect your project and his result.', 'start': 34328.924, 'duration': 6.165}, {'end': 34342.33, 'text': 'To avoid this, make a note of all the possible risks and during the step, you can start to prepare a project risk registry,', 'start': 34335.549, 'duration': 6.781}], 'summary': 'Incorporate modifications, handle unhappy customers, and follow 5 steps for risk planning.', 'duration': 35.12, 'max_score': 34307.21, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM34307210.jpg'}, {'end': 34496.121, 'src': 'embed', 'start': 34470.463, 'weight': 8, 'content': [{'end': 34475.445, 'text': 'but some of the points you can use here is, first of all, analyze and plan all the work to be done.', 'start': 34470.463, 'duration': 4.982}, {'end': 34478.387, 'text': 'next, clearly understand and communicate the work properly.', 'start': 34475.445, 'duration': 2.942}, {'end': 34482.489, 'text': 'following that, you can use the project collaboration tool to increase the productivity of the task.', 'start': 34478.387, 'duration': 4.102}, {'end': 34486.872, 'text': 'and you can conduct weekly meetings and take updates, and if there is any problem,', 'start': 34483.129, 'duration': 3.743}, {'end': 34491.216, 'text': 'you can solve it and you can prioritize the higher priority task and complete them first.', 'start': 34486.872, 'duration': 4.344}, {'end': 34492.878, 'text': 'next, you can come to the low priority task.', 'start': 34491.216, 'duration': 1.662}, {'end': 34496.121, 'text': 'So these are some of the methods that you can use to deliver the results.', 'start': 34493.338, 'duration': 2.783}], 'summary': 'Analyze, plan, and prioritize tasks for productive project delivery.', 'duration': 25.658, 'max_score': 34470.463, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM34470463.jpg'}, {'end': 34591.171, 'src': 'embed', 'start': 34557.915, 'weight': 2, 'content': [{'end': 34564.163, 'text': 'where you identify or analyze the stakeholders and group them according to various factors, like interest in the projects,', 'start': 34557.915, 'duration': 6.248}, {'end': 34566.926, 'text': 'the contribution to the project and their influence to the project.', 'start': 34564.163, 'duration': 2.763}, {'end': 34571.231, 'text': 'This helps him determining how to prioritize and communicate with different stakeholders.', 'start': 34567.287, 'duration': 3.944}, {'end': 34573.414, 'text': 'So this was stakeholder analysis.', 'start': 34571.932, 'duration': 1.482}, {'end': 34581.121, 'text': 'Now, a power interest grade is used to classify the stakeholders according to the power over the project and their interest on their results,', 'start': 34573.954, 'duration': 7.167}, {'end': 34585.886, 'text': 'and based on these two criterias, you can allocate a position for them in each of the power interest grade.', 'start': 34581.121, 'duration': 4.765}, {'end': 34591.171, 'text': 'So for stakeholders in the higher power and the higher interest grade, they should be managed very closely.', 'start': 34586.406, 'duration': 4.765}], 'summary': 'Stakeholder analysis involves classifying stakeholders by power and interest, prioritizing and managing them accordingly.', 'duration': 33.256, 'max_score': 34557.915, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM34557915.jpg'}, {'end': 35436.935, 'src': 'embed', 'start': 35410.578, 'weight': 4, 'content': [{'end': 35414.4, 'text': 'What will be the effect of the options? So now let us move on to our next question.', 'start': 35410.578, 'duration': 3.822}, {'end': 35418.684, 'text': 'Our next question is explain the entire team forming process you follow for your team.', 'start': 35414.42, 'duration': 4.264}, {'end': 35424.847, 'text': 'So that develop in stages of a team which consists of forming storming performing and adjourning.', 'start': 35419.284, 'duration': 5.563}, {'end': 35428.029, 'text': 'So let us talk about the steps one by one first we have forming.', 'start': 35425.168, 'duration': 2.861}, {'end': 35431.271, 'text': 'So, in this stage, the entire group unites for the first time,', 'start': 35428.31, 'duration': 2.961}, {'end': 35435.614, 'text': 'with the focus is to build relationship with the team members and to clarify the mission of the project.', 'start': 35431.271, 'duration': 4.343}, {'end': 35436.935, 'text': 'next, we have storming.', 'start': 35435.614, 'duration': 1.321}], 'summary': 'Explaining the team forming process, including forming and storming stages.', 'duration': 26.357, 'max_score': 35410.578, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM35410578.jpg'}, {'end': 35529.287, 'src': 'embed', 'start': 35483.914, 'weight': 0, 'content': [{'end': 35491.098, 'text': 'This principle follows the Pareto principle also known as the 50-20 rule and says that 80% of the results should come from 20% of the actions.', 'start': 35483.914, 'duration': 7.184}, {'end': 35497.244, 'text': 'Now this helps in prioritizing the work especially in large projects with a number of small tasks.', 'start': 35492.399, 'duration': 4.845}, {'end': 35500.107, 'text': 'So this was about Pareto principle analysis.', 'start': 35498.105, 'duration': 2.002}, {'end': 35506.213, 'text': 'Now let us move on to our next question, which is how does the RACI Matrix helps in resource management?', 'start': 35500.567, 'duration': 5.646}, {'end': 35508.375, 'text': 'every individual in a project should understand.', 'start': 35506.213, 'duration': 2.162}, {'end': 35510.237, 'text': 'is then her responsibility.', 'start': 35508.375, 'duration': 1.862}, {'end': 35513.199, 'text': 'each team members role can be defined using your RACI Matrix.', 'start': 35510.237, 'duration': 2.962}, {'end': 35521.544, 'text': 'Now RACI stands for four roles which stakeholders may portray in a project it maps out to is responsible, is accountable,', 'start': 35513.86, 'duration': 7.684}, {'end': 35524.705, 'text': 'who must be consulted with and who shall be informed.', 'start': 35521.544, 'duration': 3.161}, {'end': 35529.287, 'text': 'just to explain this better, responsible defines who is completing the task,', 'start': 35524.705, 'duration': 4.582}], 'summary': 'Pareto principle: 80% results from 20% actions, raci matrix aids resource management.', 'duration': 45.373, 'max_score': 35483.914, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM35483914.jpg'}, {'end': 35788.512, 'src': 'embed', 'start': 35753.444, 'weight': 5, 'content': [{'end': 35755.005, 'text': 'So now let us move on to our next question.', 'start': 35753.444, 'duration': 1.561}, {'end': 35758.348, 'text': 'Our next question is explain the principle of six thinking huts.', 'start': 35755.025, 'duration': 3.323}, {'end': 35763.712, 'text': 'Now the six thinking hats is a very interesting way of understanding an issue from a variety of perspective.', 'start': 35759.028, 'duration': 4.684}, {'end': 35768.596, 'text': 'You can only think from six different perspective, or you and your team members could do this now.', 'start': 35764.193, 'duration': 4.403}, {'end': 35770.898, 'text': 'each of the six hats represent a different point of view.', 'start': 35768.596, 'duration': 2.302}, {'end': 35773.1, 'text': 'Let us talk about them one by one.', 'start': 35771.299, 'duration': 1.801}, {'end': 35774.441, 'text': 'first is the white hat.', 'start': 35773.1, 'duration': 1.341}, {'end': 35778.065, 'text': 'now, a person who has the white hat will only talk about the information.', 'start': 35774.441, 'duration': 3.624}, {'end': 35781.608, 'text': 'you have to consider it both from within and outside the scope of the discussion.', 'start': 35778.065, 'duration': 3.543}, {'end': 35788.512, 'text': 'Next we have the red hat a person who has the red hat should express his thoughts or feelings the red hat signifies emotion.', 'start': 35782.128, 'duration': 6.384}], 'summary': 'Six thinking hats: method for diverse perspectives. 6 hats represent different viewpoints.', 'duration': 35.068, 'max_score': 35753.444, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM35753444.jpg'}, {'end': 35970.578, 'src': 'embed', 'start': 35944.475, 'weight': 7, 'content': [{'end': 35950.18, 'text': 'and finally V stands for verifying if the design product works well as planned under real-time and stimulated condition.', 'start': 35944.475, 'duration': 5.705}, {'end': 35953.883, 'text': 'So this was about DMAIC and DMADV methodology.', 'start': 35950.821, 'duration': 3.062}, {'end': 35955.925, 'text': 'So now let us move on to a final question.', 'start': 35954.264, 'duration': 1.661}, {'end': 35962.29, 'text': 'What is the PDCA cycle PDCA cycle stands for plan do check act cycle.', 'start': 35956.525, 'duration': 5.765}, {'end': 35966.374, 'text': 'It is a four-step problem-solving technique, which is used to improve business processes.', 'start': 35962.791, 'duration': 3.583}, {'end': 35970.578, 'text': 'It was originally developed by an American physicist named Walter H.', 'start': 35966.934, 'duration': 3.644}], 'summary': 'Dmaic and dmadv methodologies explained, pdca cycle for problem-solving business processes.', 'duration': 26.103, 'max_score': 35944.475, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM35944475.jpg'}], 'start': 34289.203, 'title': 'Project management insights', 'summary': 'Provides comprehensive insights on project management including handling unhappy customers, risk planning, team management, stakeholder analysis, task prioritization, process improvement tools, and various methodologies. it covers key concepts such as wbs, raid, raci matrix, and decision support systems, making it a valuable resource for project managers and professionals. it also addresses the impact of organizational structures and the post-covid remote team management.', 'chapters': [{'end': 34538.865, 'start': 34289.203, 'title': 'Project management q&a', 'summary': "Provides insights on handling unhappy customers, risk planning, balancing customer and development teams' importance, delivering results, and managing a remote team in the post-covid world.", 'duration': 249.662, 'highlights': ['The chapter emphasizes the importance of handling unhappy customers effectively by understanding their concerns, making necessary modifications, and aligning the project with the agreed scope.', 'The chapter outlines five important steps in risk planning, including identifying and describing all possible risks, analyzing the likelihood and consequences of each risk, prioritizing risks based on magnitude, treating the highest-rank risk, and monitoring and reviewing the risks.', 'It emphasizes that both the customer and development teams are equally important for a project manager, requiring equal attention and understanding to enhance productivity and successful project delivery.', 'The chapter suggests methods for delivering results, including analyzing and planning work, effective communication, utilizing project collaboration tools, conducting weekly meetings, and prioritizing tasks based on urgency.', 'It provides insights on managing a remote team by emphasizing the importance of a well-organized workspace, clear communication, conducting regular meetings, task prioritization, and utilizing project collaboration tools for improved productivity.']}, {'end': 35410.177, 'start': 34539.505, 'title': 'Project management insights', 'summary': "Covers insights on stakeholder analysis, power interest grid, task prioritization, wbs, handling difficult stakeholders, process improvement tools, managing underperforming team members, gaining team agreements, three-point estimating method, risk probability and impact, triple constraint triangle, types of project risks, quality assurance vs quality control, organizational structure's influence on resource acquisition, plan value, earned value, actual cost, effort variance, critical path method, requirement traceability matrix, project management processes and process groups, raid in project management, and things to track when managing a project.", 'duration': 870.672, 'highlights': ['Stakeholder analysis involves identifying, analyzing, and prioritizing potential stakeholders based on their interest, contribution, and influence.', 'Power interest grid is used to classify stakeholders based on their power over the project and their interest in the results, guiding the management approach for different stakeholder categories.', 'Task prioritization is crucial for successful and timely project completion, involving listing tasks, distinguishing between urgent and important tasks, assessing task values, and staying flexible.', 'WBS (Work Breakdown Structure) involves breaking down project work into smaller, manageable parts, integrated with cost, scope, and schedule baselines to ensure efficient planning and problem identification.', 'Handling difficult stakeholders involves accepting their authority, removing negative emotions, asking for advice, being tactful and honest, praising them, and improving communication.']}, {'end': 35753.084, 'start': 35410.578, 'title': 'Team forming, pareto principle, raci matrix & bit documents', 'summary': 'Discusses the team forming process including forming, storming, performing, and adjourning, pareto principle analysis, raci matrix for resource management, and various types of bid documents for procurement management. it also covers decision support systems, and the 10 key knowledge areas as mentioned in the pm book guide.', 'duration': 342.506, 'highlights': ['The team forming process involves stages of forming, storming, performing, and adjourning, where team members go through stages of building relationships, sharing opinions, building trust, and finally breaking up after project completion.', 'The Pareto principle analysis, also known as the 80-20 rule, states that 80% of the results should come from 20% of the actions, helping in prioritizing work, especially in large projects with numerous tasks.', 'The RACI Matrix helps in resource management by defining the roles of team members as responsible, accountable, consulted, and informed, ensuring clarity and reducing ambiguity in task allocation.', 'Various types of bid documents for procurement management include request for proposal (RFP), request for quotation (RFQ), request for information (RFI), invitation for bid, request for bid, purchase order, and contract or agreement, each serving specific purposes in the procurement process.', 'A decision support system (DSS) is an information application that provides relevant information collected from various data sources to aid in better decision-making, comprising a knowledge base, software system, and user interface.', 'The 10 key knowledge areas as mentioned in the PM book guide are project integration, project scope management, project time management, project cost management, project quality management, project human resource management, project communication management, project risk management, project procurement management, and project stakeholder management.']}, {'end': 36054.431, 'start': 35753.444, 'title': 'Understanding six thinking hats and process methodologies', 'summary': 'Explains the principle of six thinking hats, including their different perspectives and roles, and then delves into the dmaic and dmadv methodologies for improving business processes, and finally outlines the pdca cycle as a problem-solving technique for business improvement.', 'duration': 300.987, 'highlights': ['The six thinking hats method involves six different perspectives - white for information, red for emotion, black for identifying mistakes, yellow for optimism, green for creativity, and blue for guiding the thinking process.', 'DMAIC focuses on improving existing processes, while DMADV is focused on the process of designing new products, services, or processes.', 'The PDCA cycle, standing for Plan-Do-Check-Act, is a four-step problem-solving technique used to improve business processes, involving planning, execution, evaluation, and corrective actions.']}], 'duration': 1765.228, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/PqQqTAu_FiM/pics/PqQqTAu_FiM34289203.jpg', 'highlights': ['The RACI Matrix helps in resource management by defining the roles of team members as responsible, accountable, consulted, and informed, ensuring clarity and reducing ambiguity in task allocation.', 'The chapter outlines five important steps in risk planning, including identifying and describing all possible risks, analyzing the likelihood and consequences of each risk, prioritizing risks based on magnitude, treating the highest-rank risk, and monitoring and reviewing the risks.', 'Stakeholder analysis involves identifying, analyzing, and prioritizing potential stakeholders based on their interest, contribution, and influence.', 'The chapter emphasizes the importance of handling unhappy customers effectively by understanding their concerns, making necessary modifications, and aligning the project with the agreed scope.', 'The team forming process involves stages of forming, storming, performing, and adjourning, where team members go through stages of building relationships, sharing opinions, building trust, and finally breaking up after project completion.', 'The six thinking hats method involves six different perspectives - white for information, red for emotion, black for identifying mistakes, yellow for optimism, green for creativity, and blue for guiding the thinking process.', 'The Pareto principle analysis, also known as the 80-20 rule, states that 80% of the results should come from 20% of the actions, helping in prioritizing work, especially in large projects with numerous tasks.', 'The PDCA cycle, standing for Plan-Do-Check-Act, is a four-step problem-solving technique used to improve business processes, involving planning, execution, evaluation, and corrective actions.', 'The chapter suggests methods for delivering results, including analyzing and planning work, effective communication, utilizing project collaboration tools, conducting weekly meetings, and prioritizing tasks based on urgency.', 'Power interest grid is used to classify stakeholders based on their power over the project and their interest in the results, guiding the management approach for different stakeholder categories.']}], 'highlights': ['Projects are unique, temporary endeavors with a definite beginning and end.', 'Emphasizes the significance of project management in aligning projects with business strategy', 'Project managers spend 90% of their time communicating.', 'Project management professional certifications are associated with high salaries.', 'Understanding and adapting to various cultural influences is important in project management.', 'Project management software enables real-time data and collaboration, providing a more accurate project view.', 'The project management life cycle consists of initiation, planning, execution, and closure phases.', 'Project management brings timely completion, better financial performance, and better quality.', 'Agile delivers value early and on a continuous basis, ensuring customer engagement and stakeholder involvement.', "Kanban is often combined with Scrum, known as 'Scrumban', and is used to optimize inventory and output.", 'Extreme Programming focuses on engineering practices and uses intense development with small iteration durations.', 'Lean methodologies aim at identifying and eliminating waste, reducing cost, and improving productivity.', 'Microsoft Project offers cloud-based and on-premise options with integrated planning tools and modules for project, portfolio, and resource management.', 'Understanding cost management processes such as plan cost management, estimate cost, determine budget, and control cost is crucial.', 'The process of project cost management includes cost estimation, three-point estimation, determining budget, and control cost.', 'The key benefit of planning risk responses is to ensure agreed upon risk responses are executed as planned.', 'Project scope management involves defining the project scope, controlling it, and delivering outcomes for stakeholders.', 'Tailoring existing processes for effective implementation is crucial, as emphasized in the PMBOK 6th edition.', 'Effective communication management is essential for project success.', 'Understanding stakeholder needs is crucial for effective communication management.', 'Resource availability, including resource calendar, smoothening, and leveling activities, is essential for tailoring the scheduling process.', 'The shift to performance domains and adoption of a principle-based standard are key changes in PMBOK 7.', 'PMP certification holders in North America earn 25% higher median salary.', 'The process of managing project knowledge is a new addition from the sixth edition of PMBOK, defined by PMI.', 'The importance of emotional intelligence for project managers in engaging with project team members, customers, suppliers, and sponsors.', 'The RACI Matrix helps in resource management by defining the roles of team members as responsible, accountable, consulted, and informed.', 'The chapter emphasizes the importance of handling unhappy customers effectively by understanding their concerns, making necessary modifications, and aligning the project with the agreed scope.', 'The team forming process involves stages of forming, storming, performing, and adjourning, where team members go through stages of building relationships, sharing opinions, building trust, and finally breaking up after project completion.', 'The six thinking hats method involves six different perspectives - white for information, red for emotion, black for identifying mistakes, yellow for optimism, green for creativity, and blue for guiding the thinking process.']}