title
Project Management Full Course In 8 Hours | Project Management Training | Simplilearn

description
🔥PMP® Certification Training Course: https://www.simplilearn.com/project-management/pmp-certification-training?utm_campaign=ProjectManagement-uWPIsaYpY7U&utm_medium=DescriptionFirstFold&utm_source=youtube In this video on Project Management Full Course, we shall begin learning the basics of project management. As we move forward, we shall verse ourselves with different project management concepts like project planning, project time, cost quality and communication management. We will learn about project manager roles and different project management tools. Finally, we shall see some Project Management interview questions to excel in any Project Management interview. By the end of this course, you'll have everything you need to know about Project Management. So without further ado, let's jump in! 00:00:00 What Is Project Management? 00:45:53 Project Planning In Project Management 00:52:39 Project Planning 01:06:57 Project Time Management 01:50:00 PMP® Cost Management 5th Edition 02:16:03 Project Quality Management PMBOK 5 02:39:50 Project Management Framework 03:07:51 PMP Communication Management 03:21:55 PMP® Human Resource Management 03:47:00 PMP® Risk Management PMBOK 5 03:53:45 PMP® Stakeholder Management 04:02;29 PMP® Network Diagram 04:04:16 PMP® Scope Management 5th Edition 04:08:49 PMP® Integration Management 04:14:36 PMP® Develop Project Charter 04:19:12 Project Life Cycle vs Project Management process 04:23:44 PMP Earned Value Management 04:31:27 PMP® Critical Path Methods 04:34:50 Top 10 Project Management Tools 2020 04:48:12 Trello Tutorial 05:03:26 Agile Project Management Tutorial 05:12:08 PMP 6th Edition Training Video 06:11:08 Top 10 Reasons To Get PMP Certified 06:21:57 Project Manager Roles And Responsibilities 06:29:39 Project Manager Interview Questions And Answers ✅Subscribe to our Channel to learn more about the top Technologies: https://bit.ly/2VT4WtH ⏩ Check out the project management training videos playlist : https://bit.ly/3jlnkFM #ProjectManagementCourse #ProjectManagementFullCourse #LearnProjectManagement #ProjectManagementTraining #ProjectManagement #SimplilearmPMP #Simplilearn ✅About Post Graduate Program In Project Management This project management certificate program will cover strategization and management - project, program, risk, quality, complexity management, customer-centric digital transformation, PMO implementation, and agile and scrum skills; and allow you to earn 146 Professional Development Units (PDUs) for maintaining CCR for PMI certifications. ✅Key features - Receive Post Graduate Program Certificate and Alumni Association Membership from UMass Amherst. - 8X higher live interaction in live online classes by industry experts. - Earn 146 PDUs for PMI related certifications with 35 contact hours and 4 simulation examinations to ace the PMP exam. - 100% Money back guarantee. - Live classes entirely delivered by Simplilearn's expert instructors. ✅Skills Covered - Project Management - Agile Management - Project Risk Management - Quality Management - Lean six sigma green belt LSSGB - Digital Transformation - Design Thinking - Customer experience design - Leadership Skills ✅ Enroll for Free Project Management Course and Get a Completion Certificate: https://www.simplilearn.com/free-project-management-course-skillup?utm_campaign=ProjectManagement-uWPIsaYpY7U&utm_medium=Description&utm_source=youtube 👉 Learn more at: https://www.simplilearn.com/pgp-project-management-certification-training-course?utm_campaign=ProjectManagement-uWPIsaYpY7U&utm_medium=Description&utm_source=youtube 🔥🔥 Interested in Attending Live Classes? Call Us: IN - 18002127688 / US - +18445327688

detail
{'title': 'Project Management Full Course In 8 Hours | Project Management Training | Simplilearn', 'heatmap': [{'end': 4090.947, 'start': 2619.995, 'weight': 0.964}], 'summary': 'The 8-hour project management course covers fundamentals, essentials, overview, planning, tools, excel, time and schedule management, cost management, quality management, staffing, stakeholder and resource management, project tools, trello and agile, pmp certification, skills, career path, monitoring and control, project life cycle, and earned value management, providing comprehensive insights into key project management areas and earning potential.', 'chapters': [{'end': 216.78, 'segs': [{'end': 53.04, 'src': 'embed', 'start': 27.57, 'weight': 0, 'content': [{'end': 33.795, 'text': 'how you can prepare for the PMP exam, the role of a project manager, interview questions and much more.', 'start': 27.57, 'duration': 6.225}, {'end': 39.456, 'text': "By the time we are done, you'll be well-versed with some of the most important concepts in project management.", 'start': 34.355, 'duration': 5.101}, {'end': 44.298, 'text': 'For this training with me, we have our specialists, Chandra MR and Ishan.', 'start': 39.977, 'duration': 4.321}, {'end': 47.239, 'text': 'Together, they will take you through these different topics.', 'start': 44.738, 'duration': 2.501}, {'end': 50.54, 'text': "So, let's start by answering our first question.", 'start': 47.799, 'duration': 2.741}, {'end': 53.04, 'text': 'What is project management?', 'start': 51.16, 'duration': 1.88}], 'summary': 'Prepare for pmp exam, understand project management concepts with specialists chandra mr and ishan.', 'duration': 25.47, 'max_score': 27.57, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U27570.jpg'}, {'end': 138.58, 'src': 'embed', 'start': 110.755, 'weight': 1, 'content': [{'end': 114.858, 'text': 'tools and techniques to project activities to meet project requirements.', 'start': 110.755, 'duration': 4.103}, {'end': 117.661, 'text': 'So every project will have an objective to accomplish.', 'start': 115.039, 'duration': 2.622}, {'end': 123.727, 'text': 'Similarly, the objective of project management is to make the final deliverables in a finite time and budget.', 'start': 117.961, 'duration': 5.766}, {'end': 128.05, 'text': 'This involves having clear understanding about the deliverables of the project,', 'start': 123.947, 'duration': 4.103}, {'end': 134.937, 'text': 'required resources for the project resource in terms of human resources, technical resources, financial resources, etc.', 'start': 128.05, 'duration': 6.887}, {'end': 138.58, 'text': 'Project manager should have a full picture of those aspects.', 'start': 135.198, 'duration': 3.382}], 'summary': 'Effective project management involves meeting objectives within specified time and budget by understanding project deliverables and required resources.', 'duration': 27.825, 'max_score': 110.755, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U110755.jpg'}, {'end': 181.879, 'src': 'embed', 'start': 151.912, 'weight': 2, 'content': [{'end': 153.173, 'text': 'That objective should be clear.', 'start': 151.912, 'duration': 1.261}, {'end': 163.196, 'text': 'So as part of project management, the six constraints which project managers should look at are scope, time, quality, cost, risk and resources.', 'start': 153.88, 'duration': 9.316}, {'end': 167.824, 'text': 'So each of these areas has very important role to play in project management.', 'start': 163.436, 'duration': 4.388}, {'end': 174.578, 'text': 'the clarity in scope, the clarity in terms of schedule within which the project has to be delivered, the cost,', 'start': 168.436, 'duration': 6.142}, {'end': 176.698, 'text': 'what it incurs to that particular project.', 'start': 174.578, 'duration': 2.12}, {'end': 181.879, 'text': 'Once it is finalized, one cannot vary, one cannot change without any proper approvals.', 'start': 176.878, 'duration': 5.001}], 'summary': 'Project managers should consider scope, time, quality, cost, risk, and resources as key constraints in project management.', 'duration': 29.967, 'max_score': 151.912, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U151912.jpg'}, {'end': 216.78, 'src': 'embed', 'start': 195.683, 'weight': 3, 'content': [{'end': 204.63, 'text': 'so organization should assess the risk associated with the project and similarly, as project progresses, various different risks has to be identified,', 'start': 195.683, 'duration': 8.947}, {'end': 212.456, 'text': 'like risk related to project management, risk related to technology area, risk related to resources, risk related to financial things.', 'start': 204.63, 'duration': 7.826}, {'end': 216.78, 'text': 'so broadly, risk management plays a very important role.', 'start': 212.456, 'duration': 4.324}], 'summary': 'Organizations should assess project risks, including project management, technology, resources, and finance.', 'duration': 21.097, 'max_score': 195.683, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U195683.jpg'}], 'start': 7.935, 'title': 'Project management fundamentals and basics', 'summary': 'Covers essential concepts in project management including project planning, cost, quality, communication, and pmp exam preparation, presented by specialists chandra mr and ishan. it also provides a basic understanding of project management, including its definition, key components, and constraints such as scope, time, quality, cost, risk, and resources.', 'chapters': [{'end': 47.239, 'start': 7.935, 'title': 'Project management fundamentals', 'summary': 'Covers essential concepts in project management including project planning, cost, quality, communication, and pmp exam preparation, presented by specialists chandra mr and ishan.', 'duration': 39.304, 'highlights': ['The chapter covers essential concepts in project management including project planning, cost, quality, communication, and PMP exam preparation.', 'It discusses the role of a project manager, interview questions, and the best project managing tools.', 'The training is conducted by specialists Chandra MR and Ishan.']}, {'end': 216.78, 'start': 47.799, 'title': 'Understanding project management basics', 'summary': 'Provides a basic understanding of project management, including its definition, key components, and constraints such as scope, time, quality, cost, risk, and resources.', 'duration': 168.981, 'highlights': ['Project management involves the application of knowledge, skills, tools, and techniques to meet project requirements, aiming to deliver final outcomes within a finite time and budget.', 'The six constraints in project management are scope, time, quality, cost, risk, and resources, each playing a crucial role in project success by ensuring clarity in scope, schedule, cost, quality management, and risk assessment.', 'Risk management plays a significant role in project progress by identifying and assessing risks related to project management, technology, resources, and financial aspects.']}], 'duration': 208.845, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U7935.jpg', 'highlights': ['The chapter covers essential concepts in project management including project planning, cost, quality, communication, and PMP exam preparation.', 'Project management involves the application of knowledge, skills, tools, and techniques to meet project requirements, aiming to deliver final outcomes within a finite time and budget.', 'The six constraints in project management are scope, time, quality, cost, risk, and resources, each playing a crucial role in project success by ensuring clarity in scope, schedule, cost, quality management, and risk assessment.', 'Risk management plays a significant role in project progress by identifying and assessing risks related to project management, technology, resources, and financial aspects.', 'It discusses the role of a project manager, interview questions, and the best project managing tools.', 'The training is conducted by specialists Chandra MR and Ishan.']}, {'end': 1984.688, 'segs': [{'end': 271.194, 'src': 'embed', 'start': 241.113, 'weight': 0, 'content': [{'end': 246.718, 'text': 'so these resources has to be managed with the sufficient optimization and standardizations required.', 'start': 241.113, 'duration': 5.605}, {'end': 249.8, 'text': 'now let us understand the definition of a project.', 'start': 246.718, 'duration': 3.082}, {'end': 251.22, 'text': 'So what is a project?', 'start': 250.299, 'duration': 0.921}, {'end': 257.684, 'text': 'PMI defines a project as a temporary endeavor undertaken to create a unique product, service or result.', 'start': 251.4, 'duration': 6.284}, {'end': 262.648, 'text': 'The temporary nature of a project indicates that a project has a definite beginning and end.', 'start': 257.884, 'duration': 4.764}, {'end': 271.194, 'text': 'So when I say product, unique product, it means every output, it may be similar products you are producing with the same features and functionality.', 'start': 262.828, 'duration': 8.366}], 'summary': 'Project management involves optimizing resources for temporary endeavors to create unique products or services.', 'duration': 30.081, 'max_score': 241.113, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U241113.jpg'}, {'end': 427.042, 'src': 'embed', 'start': 401.226, 'weight': 1, 'content': [{'end': 406.829, 'text': 'similarly, at the end of the product life cycle, project is initiated to retire that product or services.', 'start': 401.226, 'duration': 5.603}, {'end': 410.831, 'text': 'so in a given product life cycle there may be multiple project life cycle.', 'start': 406.829, 'duration': 4.002}, {'end': 412.812, 'text': 'so what is involved in the project life cycle?', 'start': 410.831, 'duration': 1.981}, {'end': 415.233, 'text': 'it involves five areas, five groups.', 'start': 412.812, 'duration': 2.421}, {'end': 420.156, 'text': 'we can call it as so initiation, planning, execution, monitoring and closure.', 'start': 415.233, 'duration': 4.923}, {'end': 427.042, 'text': "So, when I say initiation, it's all about understanding what is project, giving the basic understanding of the project,", 'start': 420.416, 'duration': 6.626}], 'summary': 'Project life cycle includes initiation, planning, execution, monitoring, and closure.', 'duration': 25.816, 'max_score': 401.226, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U401226.jpg'}, {'end': 745.588, 'src': 'embed', 'start': 710.334, 'weight': 11, 'content': [{'end': 711.094, 'text': 'It is very important.', 'start': 710.334, 'duration': 0.76}, {'end': 717.201, 'text': 'and project is done within the scope, schedule and time and the quality matrix defined.', 'start': 711.736, 'duration': 5.465}, {'end': 724.988, 'text': 'Then as the completion of the project happens, as the monitoring and control says, yes, deliverable has happened according to the requirement.', 'start': 717.401, 'duration': 7.587}, {'end': 727.25, 'text': 'Then the project moves to the closure.', 'start': 725.589, 'duration': 1.661}, {'end': 733.896, 'text': 'The closure may be closure of a specific project phase, a milestone deliverable or a phase will deliverable,', 'start': 727.41, 'duration': 6.486}, {'end': 737.94, 'text': 'or it can be a deliverable at the end of the project, which is the ultimate deliverable.', 'start': 733.896, 'duration': 4.044}, {'end': 745.588, 'text': 'So processes in closing has to be triggered whenever there is an end of the phase, whenever there is a deliverable to conclude and also,', 'start': 738.604, 'duration': 6.984}], 'summary': 'Project closure ensures completion within defined scope, schedule, and quality, followed by triggering closing processes at the end of project phases or deliverables.', 'duration': 35.254, 'max_score': 710.334, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U710334.jpg'}, {'end': 884.829, 'src': 'embed', 'start': 855.511, 'weight': 2, 'content': [{'end': 861.435, 'text': 'so by doing this, activities, which is defined as part of project scope, the result, the deliverable, will come out,', 'start': 855.511, 'duration': 5.924}, {'end': 867.779, 'text': 'which will be in line with the deliverables, features and functionality, which is defined as part of product scope.', 'start': 861.435, 'duration': 6.344}, {'end': 872.842, 'text': 'it is very important to ensure entire projects happens within this particular scope.', 'start': 867.779, 'duration': 5.063}, {'end': 876.765, 'text': 'there should not be any from this schedule perspective for that specifications.', 'start': 872.842, 'duration': 3.923}, {'end': 884.829, 'text': 'what we are defined for a product and project so these needs to be done in a specific point in time means in a specific schedule there will be start time,', 'start': 876.765, 'duration': 8.064}], 'summary': 'Deliverables must align with project and product scope to ensure project success.', 'duration': 29.318, 'max_score': 855.511, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U855511.jpg'}, {'end': 926.338, 'src': 'embed', 'start': 897.845, 'weight': 3, 'content': [{'end': 901.047, 'text': 'so while performing the schedule management,', 'start': 897.845, 'duration': 3.202}, {'end': 909.21, 'text': 'one has to look at a specific deliverable at a specific point in time by applying a specific set of activities required.', 'start': 901.047, 'duration': 8.163}, {'end': 911.772, 'text': 'so this will tell you the duration of the project.', 'start': 909.21, 'duration': 2.562}, {'end': 913.953, 'text': 'this will provide you the sequence of project.', 'start': 911.772, 'duration': 2.181}, {'end': 918.875, 'text': 'this will also help you to understand the dependency between one task to another task.', 'start': 913.953, 'duration': 4.922}, {'end': 926.338, 'text': 'this will also help you to understand how the deliverables happening in what sequence, which helps in prioritizing your deliverables.', 'start': 918.875, 'duration': 7.463}], 'summary': 'Schedule management determines project duration, sequence, and dependencies for prioritizing deliverables.', 'duration': 28.493, 'max_score': 897.845, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U897845.jpg'}, {'end': 983.203, 'src': 'embed', 'start': 959.607, 'weight': 4, 'content': [{'end': 967.692, 'text': 'So these estimation allocation of budget, once it happens, that will become a base and any deviations from that cannot happen so easily.', 'start': 959.607, 'duration': 8.085}, {'end': 972.395, 'text': 'So any deviations because of additional of scope that can be handled through change management.', 'start': 968.013, 'duration': 4.382}, {'end': 976.458, 'text': 'But idealistic scenario, the cost should not escalate or come down.', 'start': 972.696, 'duration': 3.762}, {'end': 983.203, 'text': 'Organization can also set certain tolerances at the project level, considering various different scenarios, like scenario of risks,', 'start': 976.658, 'duration': 6.545}], 'summary': 'Estimation allocation of budget sets base, deviations handled through change management, ideal cost stability, organization sets project level tolerances.', 'duration': 23.596, 'max_score': 959.607, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U959607.jpg'}, {'end': 1042.196, 'src': 'embed', 'start': 1017.263, 'weight': 5, 'content': [{'end': 1025.468, 'text': 'so basically, the requirement of compliance and standardization and optimization is to ensure everyone follows the same steps.', 'start': 1017.263, 'duration': 8.205}, {'end': 1026.368, 'text': 'do the activity.', 'start': 1025.468, 'duration': 0.9}, {'end': 1031.55, 'text': 'so what quality management focus is to ensure the intended objectives of a project are achieved.', 'start': 1026.368, 'duration': 5.182}, {'end': 1036.773, 'text': 'already there is a definition done in terms of various different practices or processes needs to be followed.', 'start': 1031.55, 'duration': 5.223}, {'end': 1042.196, 'text': 'similarly, specification of each of the products are defined and from that there should not be any deviation.', 'start': 1036.773, 'duration': 5.423}], 'summary': 'Quality management ensures adherence to standards and specifications for achieving project objectives.', 'duration': 24.933, 'max_score': 1017.263, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U1017263.jpg'}, {'end': 1141.226, 'src': 'embed', 'start': 1114.76, 'weight': 6, 'content': [{'end': 1119.623, 'text': 'And what needs to be delivered and how it has to be delivered should be clear to the particular human resource.', 'start': 1114.76, 'duration': 4.863}, {'end': 1127.93, 'text': 'So looking at all the aspects of resources to acquire, to build and manage, it is very important to look at the resource management.', 'start': 1119.864, 'duration': 8.066}, {'end': 1133.757, 'text': 'So this will help in carrying out a specific task in a project in the best possible manner.', 'start': 1128.131, 'duration': 5.626}, {'end': 1141.226, 'text': 'So interestingly when I say human resource always there is a possibility that a conflict can occur.', 'start': 1133.977, 'duration': 7.249}], 'summary': 'Clear delivery objectives are crucial for effective resource management, minimizing conflicts.', 'duration': 26.466, 'max_score': 1114.76, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U1114760.jpg'}, {'end': 1322.384, 'src': 'embed', 'start': 1294.131, 'weight': 7, 'content': [{'end': 1299.553, 'text': 'is this in terms of power, in terms of legitimacy, in terms of influence, in terms of impact?', 'start': 1294.131, 'duration': 5.422}, {'end': 1305.676, 'text': 'after understanding that there should be a strategy for handling the stakeholders, how am I going to engage with these stakeholders?', 'start': 1299.553, 'duration': 6.123}, {'end': 1309.798, 'text': 'it is very important and accordingly the engagement should happen.', 'start': 1305.676, 'duration': 4.122}, {'end': 1313.72, 'text': 'and then stakeholder engagement should resolve in the favor of projects again.', 'start': 1309.798, 'duration': 3.922}, {'end': 1322.384, 'text': 'so if it is a customer, customer should get that inputs required through review or periodic updates and the engagement required with the customer,', 'start': 1313.72, 'duration': 8.664}], 'summary': 'Stakeholder engagement is crucial for project success, ensuring input, and resolving in project favor.', 'duration': 28.253, 'max_score': 1294.131, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U1294131.jpg'}, {'end': 1487.817, 'src': 'embed', 'start': 1455.121, 'weight': 8, 'content': [{'end': 1459.723, 'text': 'a engagement with the stakeholder will become successful with an effective communication approaches.', 'start': 1455.121, 'duration': 4.602}, {'end': 1461.024, 'text': 'Next is risk.', 'start': 1460.043, 'duration': 0.981}, {'end': 1467.647, 'text': 'So every project which is undertaken by organization that will have certain amount of risk which organization will evaluate.', 'start': 1461.384, 'duration': 6.263}, {'end': 1474.31, 'text': 'Similarly within the project life cycle lot of risk comes up which would have certain impact to the project.', 'start': 1467.907, 'duration': 6.403}, {'end': 1478.992, 'text': 'Now risk refers to by definition an uncertain event.', 'start': 1474.59, 'duration': 4.402}, {'end': 1480.353, 'text': 'It has an uncertainty.', 'start': 1479.332, 'duration': 1.021}, {'end': 1487.817, 'text': 'An event which is uncertain and when it occurs it will have an impact on the project positively or negatively.', 'start': 1480.693, 'duration': 7.124}], 'summary': 'Effective communication key to stakeholder engagement. risk evaluation vital for project success.', 'duration': 32.696, 'max_score': 1455.121, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U1455121.jpg'}, {'end': 1546.887, 'src': 'embed', 'start': 1517.022, 'weight': 9, 'content': [{'end': 1518.003, 'text': 'that is not clear.', 'start': 1517.022, 'duration': 0.981}, {'end': 1525.008, 'text': 'thirdly, risk management or list of risk are created only once, it is not done repeatedly.', 'start': 1518.003, 'duration': 7.005}, {'end': 1531.452, 'text': 'so risk identification and analysis and assessment of that risk has to be done throughout the life cycle of a project,', 'start': 1525.008, 'duration': 6.444}, {'end': 1536.356, 'text': 'reason being the risk which looks as an high impact when project is initiated.', 'start': 1531.452, 'duration': 4.904}, {'end': 1539.739, 'text': 'As the project progresses, the impact levels will vary.', 'start': 1536.976, 'duration': 2.763}, {'end': 1543.423, 'text': 'Maybe in the middle of the project, the impact may be very high or low.', 'start': 1540, 'duration': 3.423}, {'end': 1546.887, 'text': 'So likewise, the impact of the risk will vary throughout the project lifecycle.', 'start': 1543.664, 'duration': 3.223}], 'summary': 'Risk management should be ongoing throughout the project lifecycle to address changing impact levels.', 'duration': 29.865, 'max_score': 1517.022, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U1517022.jpg'}, {'end': 1644.717, 'src': 'embed', 'start': 1615.037, 'weight': 10, 'content': [{'end': 1622.282, 'text': 'so organization would take a decision, make a decision stating that some of the deliverables we make ourselves,', 'start': 1615.037, 'duration': 7.245}, {'end': 1628.106, 'text': 'some of the products we make ourselves, some of the products we purchase, some of the services we purchase.', 'start': 1622.282, 'duration': 5.824}, {'end': 1632.649, 'text': 'so to purchase that has to happen from a specific supplier.', 'start': 1628.106, 'duration': 4.543}, {'end': 1633.83, 'text': 'you cannot go with every supplier.', 'start': 1632.649, 'duration': 1.181}, {'end': 1635.571, 'text': 'you should evaluate the suppliers,', 'start': 1633.83, 'duration': 1.741}, {'end': 1644.717, 'text': 'qualify the suppliers and then select on board the supplier and then get the services or products supplied by that particular supplier.', 'start': 1635.571, 'duration': 9.146}], 'summary': 'Organization makes and purchases products and services, evaluating, qualifying, and selecting specific suppliers.', 'duration': 29.68, 'max_score': 1615.037, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U1615037.jpg'}, {'end': 1756.78, 'src': 'embed', 'start': 1731.742, 'weight': 12, 'content': [{'end': 1739.328, 'text': 'So based on that, one can confirm, yes project has achieved its objectives or project has not achieved its objectives.', 'start': 1731.742, 'duration': 7.586}, {'end': 1745.232, 'text': 'So critical success factor should be supported through the metrics, key performance indicators.', 'start': 1739.548, 'duration': 5.684}, {'end': 1750.295, 'text': 'So key performance indicators provide those metrics to say critical success factor is achieved.', 'start': 1745.652, 'duration': 4.643}, {'end': 1756.78, 'text': 'For example, if you want to become successful in an exam, critical success factor is scoring or passing the examination.', 'start': 1750.415, 'duration': 6.365}], 'summary': 'Project success can be confirmed through key performance indicators and metrics.', 'duration': 25.038, 'max_score': 1731.742, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U1731742.jpg'}, {'end': 1858.667, 'src': 'embed', 'start': 1832.627, 'weight': 13, 'content': [{'end': 1838.01, 'text': 'So these deliverables may be the items that are to be sent externally to a customer or a stakeholder.', 'start': 1832.627, 'duration': 5.383}, {'end': 1841.151, 'text': 'So every deliverable will have a defined scope.', 'start': 1838.29, 'duration': 2.861}, {'end': 1843.393, 'text': 'will have a defined specification.', 'start': 1841.571, 'duration': 1.822}, {'end': 1848.417, 'text': 'so those deliverables has to be measured, tested and one has to confirm yes,', 'start': 1843.393, 'duration': 5.024}, {'end': 1854.823, 'text': 'this deliverable is performing as we are intended to have the performance accordingly.', 'start': 1848.417, 'duration': 6.406}, {'end': 1858.667, 'text': 'the decision will happen should we accept this particular deliverable or not?', 'start': 1854.823, 'duration': 3.844}], 'summary': 'Deliverables must have defined scope and specification, be measured and tested for performance, and decision made on acceptance.', 'duration': 26.04, 'max_score': 1832.627, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U1832627.jpg'}, {'end': 1897.821, 'src': 'embed', 'start': 1870.897, 'weight': 14, 'content': [{'end': 1875.381, 'text': 'one has to ensure these deliverables has all those features and functionalities.', 'start': 1870.897, 'duration': 4.484}, {'end': 1881.046, 'text': 'only then that can be handed over to the respective stakeholder customer or operation, whoever the stakeholder it is.', 'start': 1875.381, 'duration': 5.665}, {'end': 1882.988, 'text': 'Next is work breakdown structure.', 'start': 1881.306, 'duration': 1.682}, {'end': 1889.634, 'text': 'So when we say work breakdown structure, when I look at a specific piece of product or services and have a bigger picture,', 'start': 1883.148, 'duration': 6.486}, {'end': 1897.821, 'text': 'I cannot even visualize the various different components, various different actions involved in achieving that bigger deliverable.', 'start': 1889.634, 'duration': 8.187}], 'summary': 'Deliverables must include all features and functions before handover to stakeholders. work breakdown structure is essential for visualizing components and actions.', 'duration': 26.924, 'max_score': 1870.897, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U1870897.jpg'}], 'start': 216.78, 'title': 'Project management essentials', 'summary': 'Provides an overview of project management, including the definition of a project, its unique outputs, and the five phases of the project life cycle. it explains key areas in project management, emphasizing the importance of ensuring project success through the management of scope, schedule, cost, quality, resources, and human resource management. additionally, it focuses on stakeholder management, effective communication, continuous risk assessment, and strategic procurement. the chapter also discusses the importance of contract management, critical success factors, key performance indicators, deliverables measurement, and work breakdown structure in project management, emphasizing the need for ongoing monitoring and control.', 'chapters': [{'end': 780.904, 'start': 216.78, 'title': 'Project management and lifecycle', 'summary': 'Provides an overview of project management, including the definition of a project, its unique outputs, and the five phases of the project life cycle involving initiation, planning, execution, monitoring, and closure.', 'duration': 564.124, 'highlights': ['PMI defines a project as a temporary endeavor undertaken to create a unique product, service or result, emphasizing the temporary nature and the definite beginning and end of a project.', "Project life cycle involves five phases: initiation, planning, execution, monitoring, and closure, with initiation focused on understanding the project's worthiness and planning providing a clear blueprint of project objectives.", 'Execution phase involves acquiring, allocating, and managing resources to produce deliverables, while monitoring and control ensure compliance with defined processes and the correction of deviations.', 'During the closure phase, capturing project details, obtaining formal sign-off, and disseminating the team are essential steps to conclude the project effectively.']}, {'end': 1235.731, 'start': 780.904, 'title': 'Project management key areas', 'summary': 'Explains the key areas in project management, including scope, schedule, cost, quality, resources, and human resource management, emphasizing the importance of ensuring project success through the management of these areas.', 'duration': 454.827, 'highlights': ['Project scope involves defining deliverables and activities, with a focus on product and project scope, ensuring that features and functionalities are well-defined and adhered to, to ensure successful project delivery.', 'Schedule management involves planning the duration, sequence, and dependency of project activities to prioritize deliverables and ensure they occur within a specific timeline.', 'Cost management includes initial estimation, budget allocation, and setting tolerances to control deviations, emphasizing the importance of ensuring the project happens within the allocated budget.', 'Quality management focuses on compliance, standardization, and optimization to ensure that activities and deliverables are aligned with the defined specifications, enabling the monitoring of project progress.', "Resource management encompasses acquiring, configuring, and deploying human and technology resources, emphasizing the importance of aligning skills and capabilities with project requirements and managing conflicts to resolve them in favor of the project's objectives."]}, {'end': 1692.876, 'start': 1235.731, 'title': 'Stakeholder management and project resources', 'summary': 'Focuses on stakeholder management, emphasizing the importance of identifying and engaging stakeholders based on their specific interests, power, and impact, and the need for effective communication, continuous risk assessment, and strategic procurement in project management.', 'duration': 457.145, 'highlights': ['Stakeholder identification and engagement based on specific interests, power, and impact, with the need for a clear strategy for effective engagement.', 'The importance of effective communication in project management, emphasizing the necessity of understanding communication requirements for stakeholders and ensuring adherence to agreed communication requirements.', 'Continuous risk assessment and analysis throughout the project lifecycle, recognizing both threats and opportunities, and the need for dynamic stakeholder identification.', 'Strategic procurement in project management, including supplier evaluation, qualification, and selection, and the different types of contracts - cost plus, fixed price, and time and material.']}, {'end': 1984.688, 'start': 1693.076, 'title': 'Contract management and project monitoring', 'summary': 'Discusses the importance of contract management, critical success factors, key performance indicators, deliverables measurement, and work breakdown structure in project management, emphasizing the need for ongoing monitoring and control.', 'duration': 291.612, 'highlights': ['The importance of identifying suppliers, signing contracts, and ongoing management to ensure project deliverables are met and discussing potential termination if necessary.', 'The significance of articulating critical success factors for projects and supporting them with metrics and key performance indicators to gauge project success.', 'The need to measure and confirm the performance of project deliverables, define their scope and specification, and ensure they meet the intended functionality before acceptance.', "The concept of work breakdown structure, emphasizing the breakdown of products or services into multiple components for better visualization and understanding of the project's scope."]}], 'duration': 1767.908, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U216780.jpg', 'highlights': ['PMI defines a project as a temporary endeavor with a definite beginning and end.', 'Project life cycle involves five phases: initiation, planning, execution, monitoring, and closure.', 'Project scope involves defining deliverables and activities, ensuring successful project delivery.', 'Schedule management prioritizes deliverables and ensures they occur within a specific timeline.', 'Cost management includes initial estimation, budget allocation, and setting tolerances.', 'Quality management focuses on compliance, standardization, and optimization.', 'Resource management emphasizes aligning skills and capabilities with project requirements.', 'Stakeholder identification and engagement based on specific interests, power, and impact.', 'The importance of effective communication in project management.', 'Continuous risk assessment and analysis throughout the project lifecycle.', 'Strategic procurement in project management, including supplier evaluation and selection.', 'The importance of ongoing management to ensure project deliverables are met.', 'Articulating critical success factors for projects and supporting them with metrics.', 'The need to measure and confirm the performance of project deliverables.', 'The concept of work breakdown structure for better visualization and understanding.']}, {'end': 2738.448, 'segs': [{'end': 2190.971, 'src': 'embed', 'start': 2161.923, 'weight': 3, 'content': [{'end': 2165.684, 'text': 'the success ratio of a project depends majorly on the project manager.', 'start': 2161.923, 'duration': 3.761}, {'end': 2168.765, 'text': 'so the demand for project manager is rapidly increasing in the market.', 'start': 2165.684, 'duration': 3.081}, {'end': 2174.886, 'text': 'so accordingly, uh, seventy, five thousand, four, seven, four per year, that is the usd.', 'start': 2168.765, 'duration': 6.121}, {'end': 2177.507, 'text': 'in inr it is fifteen hundred thousand.', 'start': 2174.886, 'duration': 2.621}, {'end': 2180.008, 'text': 'so this is what the salary of an approximation.', 'start': 2177.507, 'duration': 2.501}, {'end': 2180.708, 'text': 'what was found?', 'start': 2180.008, 'duration': 0.7}, {'end': 2187.29, 'text': 'next role, we look at senior project manager, where senior project manager is the head of the overall project management plan.', 'start': 2180.948, 'duration': 6.342}, {'end': 2190.971, 'text': 'the role demands in-depth knowledge of all the project aspects.', 'start': 2187.29, 'duration': 3.681}], 'summary': 'The demand for project managers is rapidly increasing, with an average salary of $75,474 per year (usd) or inr 1,500,000. senior project managers require in-depth knowledge of all project aspects.', 'duration': 29.048, 'max_score': 2161.923, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U2161923.jpg'}, {'end': 2231.406, 'src': 'embed', 'start': 2200.794, 'weight': 1, 'content': [{'end': 2204.615, 'text': 'so salary Looks like $104, 000 per year.', 'start': 2200.794, 'duration': 3.821}, {'end': 2209.258, 'text': 'Year 2092, 000 INR per year.', 'start': 2204.895, 'duration': 4.363}, {'end': 2213.96, 'text': 'So the role of senior project manager is one of the highest paying roles in the industry as we have seen.', 'start': 2209.458, 'duration': 4.502}, {'end': 2222.664, 'text': 'Having several allowances and bonuses because of the criticality involved in that project and the accountability level of that particular individuals in the organization.', 'start': 2214.06, 'duration': 8.604}, {'end': 2224.065, 'text': 'Next role project lead.', 'start': 2222.904, 'duration': 1.161}, {'end': 2231.406, 'text': 'so project leads are the one who leads the people throughout the project and provide them with all the information required throughout.', 'start': 2224.665, 'duration': 6.741}], 'summary': 'Senior project managers earn $104,000 per year, one of the highest paying roles due to criticality and accountability. project leads provide information and lead the team.', 'duration': 30.612, 'max_score': 2200.794, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U2200794.jpg'}, {'end': 2289.238, 'src': 'embed', 'start': 2244.989, 'weight': 2, 'content': [{'end': 2252.291, 'text': 'project lead makes sure that project gives the best possible outcome and is hence the demand for the project lead in the company never reduces.', 'start': 2244.989, 'duration': 7.302}, {'end': 2259.518, 'text': 'So in USD 82, 000 per year, whereas in INR it is 1, 269, 000 per year.', 'start': 2252.631, 'duration': 6.887}, {'end': 2262.381, 'text': 'Next role we will look at on resource manager.', 'start': 2259.719, 'duration': 2.662}, {'end': 2268.428, 'text': 'So resource manager is the human resource needed to make the project success.', 'start': 2262.722, 'duration': 5.706}, {'end': 2270.15, 'text': 'So one has to manage those resources.', 'start': 2268.528, 'duration': 1.622}, {'end': 2274.652, 'text': 'responsibility involved assigning the right people to the right projects at the right time,', 'start': 2270.55, 'duration': 4.102}, {'end': 2279.294, 'text': "managing employees currently and determining hiring needs depending on the project's requirements.", 'start': 2274.652, 'duration': 4.642}, {'end': 2286.357, 'text': 'so salary would be around 64, 000 USD, which comes around 966, 794 in INR.', 'start': 2279.294, 'duration': 7.063}, {'end': 2289.238, 'text': 'project management office analyst for this role.', 'start': 2286.357, 'duration': 2.881}], 'summary': 'Project lead earns usd 82,000 per year (inr 1,269,000); resource manager earns around 64,000 usd (966,794 inr) and oversees resource allocation and hiring needs for project success.', 'duration': 44.249, 'max_score': 2244.989, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U2244989.jpg'}, {'end': 2338.547, 'src': 'embed', 'start': 2308.327, 'weight': 9, 'content': [{'end': 2313.429, 'text': 'analyzing and interpreting the data concerning the project, figuring out the future risks to the project,', 'start': 2308.327, 'duration': 5.102}, {'end': 2316.491, 'text': 'finding new ways to advance the idea of the project management.', 'start': 2313.429, 'duration': 3.062}, {'end': 2325.536, 'text': 'so salary would be $106, 253 per year in USD, whereas $449, 337 in INR per year.', 'start': 2316.491, 'duration': 9.045}, {'end': 2327.358, 'text': 'so steering committee member.', 'start': 2325.536, 'duration': 1.822}, {'end': 2332.602, 'text': 'so the steering committee members are the members who do not work on the project themselves.', 'start': 2327.358, 'duration': 5.244}, {'end': 2338.547, 'text': 'they are there to help the project manager, like providing inputs during the development of a project,', 'start': 2332.602, 'duration': 5.945}], 'summary': 'Analyzing project data, identifying risks, new ways to advance project management. salary: $106,253 usd/year, $449,337 inr/year. steering committee members support project manager.', 'duration': 30.22, 'max_score': 2308.327, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U2308327.jpg'}, {'end': 2470.934, 'src': 'embed', 'start': 2435.965, 'weight': 0, 'content': [{'end': 2442.349, 'text': 'which has resulted to the certified professionals in landing up in highest paid jobs in the world.', 'start': 2435.965, 'duration': 6.384}, {'end': 2447.193, 'text': 'so certified managers gets 20 percent more salary than the average salary.', 'start': 2442.349, 'duration': 4.844}, {'end': 2452.838, 'text': 'so to take up an examination one has to go through the formal training of 35 hours.', 'start': 2447.193, 'duration': 5.645}, {'end': 2461.746, 'text': 'that is one of the prerequisites and there should be some experience of 4500 hours of project managing project by leading various activities of a project.', 'start': 2452.838, 'duration': 8.908}, {'end': 2468.191, 'text': "and once the person becomes eligible with that prerequisites, person will become register in the PMI's website,", 'start': 2461.746, 'duration': 6.445}, {'end': 2470.934, 'text': 'becomes member and then go for examination.', 'start': 2468.191, 'duration': 2.743}], 'summary': 'Certified professionals earn 20% more, require 35 hours of training, and 4500 hours of project management experience.', 'duration': 34.969, 'max_score': 2435.965, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U2435965.jpg'}, {'end': 2590.758, 'src': 'embed', 'start': 2562.121, 'weight': 5, 'content': [{'end': 2570.464, 'text': "the organization has started shifting towards agile, as we know in today's industry, which makes this certification fast growing in the world.", 'start': 2562.121, 'duration': 8.343}, {'end': 2576.466, 'text': 'so examination fee would be 435 dollars for pmi members, 495 for non-pmi members.', 'start': 2570.464, 'duration': 6.002}, {'end': 2580.087, 'text': 'duration is three hours and multiple choice questions 120 questions.', 'start': 2576.466, 'duration': 3.621}, {'end': 2590.758, 'text': 'prerequisites is 2000 hours project management experience with 1500 hours agile experience and 21 contact hours of agile practices.', 'start': 2581.207, 'duration': 9.551}], 'summary': 'Pmi certification costs $435 for members, $495 for non-members. requires 2000 project management hours, 1500 agile hours, and 21 contact hours.', 'duration': 28.637, 'max_score': 2562.121, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U2562121.jpg'}, {'end': 2719.96, 'src': 'embed', 'start': 2692.564, 'weight': 8, 'content': [{'end': 2697.728, 'text': 'so PRINCE2 is a method which is effective mostly from the base of UK.', 'start': 2692.564, 'duration': 5.164}, {'end': 2707.596, 'text': 'all the organizations who are from UK region prefers to have PRINCE2 certification and it is as popular as any other project management certifications like PMP.', 'start': 2697.728, 'duration': 9.868}, {'end': 2713.878, 'text': 'So examination fee would vary from $900 to $1000, depending on where exactly you are taking the examination.', 'start': 2707.876, 'duration': 6.002}, {'end': 2716.479, 'text': 'And certification will happen at two levels.', 'start': 2714.198, 'duration': 2.281}, {'end': 2719.96, 'text': 'One is at foundation level and other one is practitioner.', 'start': 2716.819, 'duration': 3.141}], 'summary': 'Prince2 is popular in uk, with exam fees ranging from $900 to $1000. it offers foundation and practitioner certification levels.', 'duration': 27.396, 'max_score': 2692.564, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U2692564.jpg'}], 'start': 1984.688, 'title': 'Project management overview', 'summary': 'Covers project management steps, job roles, and salaries, also providing an overview of project management certifications including pmp, pmi acp, capm, certified scrum master, and prince2, with pmp being the most acknowledged and resulting in certified professionals landing the highest paid jobs.', 'chapters': [{'end': 2348.276, 'start': 1984.688, 'title': 'Project management job roles & salaries', 'summary': 'Highlights the key steps in project management, emphasizing the importance of product breakdown, work breakdown structure, sequencing, and optimization, while also providing an overview of various project management job roles and their respective responsibilities and salaries.', 'duration': 363.588, 'highlights': ['The success ratio of a project depends majorly on the project manager, with a salary of $75,474 per year (USD) or 1,500,000 INR, making it a role in high demand.', 'The role of a senior project manager, responsible for planning and coordinating complex projects, comes with a salary of $104,000 per year (USD) or 2,092,000 INR, making it one of the highest paying roles in the industry.', 'Project leads, with responsibilities involving motivating the team and ensuring the best possible project outcome, earn around $82,000 per year (USD) or 1,269,000 INR, indicating a constant demand for this role.', 'Resource managers, responsible for assigning the right people to projects and managing hiring needs, receive a salary of around $64,000 per year (USD) or 966,794 INR.', 'Project management office analysts, involved in data analysis and risk management, earn a salary of $106,253 per year (USD) or 449,337 INR, indicating the importance of their role in supporting project managers.', 'Steering committee members, providing support and feedback to project managers, receive a salary of around $68,497 per year (USD).']}, {'end': 2738.448, 'start': 2351.198, 'title': 'Project management certifications overview', 'summary': 'Provides an overview of various project management certifications including pmp, pmi acp, capm, certified scrum master, and prince2, highlighting the prerequisites, examination fees, duration, and maintenance requirements, with pmp being the most acknowledged and resulting in certified professionals landing the highest paid jobs.', 'duration': 387.25, 'highlights': ['PMP is the most acknowledged project management certification, resulting in certified professionals landing the highest paid jobs, with a 20% higher salary than the average, and requiring 35 hours of formal training and 4500 hours of project management experience as prerequisites.', "PMI ACP is fast growing in the world due to the industry's shift towards agile, with examination fees of $435 for PMI members and $495 for non-members, and maintenance of 30 PDUs required every three years.", 'CAPM is an entry-level certification for those with less project experience, requiring an examination fee of $225 for PMI members and $300 for non-members, with no project experience required as a prerequisite and a maintenance requirement of retaking the examination every three years.', 'Certified Scrum Master is an entry-level certification offered by Scrum Alliance, with a duration of 60 minutes for the examination, no prerequisites for maintaining the credentials, and a renewal requirement every two years.', 'PRINCE2 is a widely preferred certification in the UK, with examination fees ranging from $900 to $1000, and two levels of certification: foundation and practitioner, both requiring a passing score of 55%.']}], 'duration': 753.76, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U1984688.jpg', 'highlights': ['PMP certification results in certified professionals landing the highest paid jobs, with a 20% higher salary than the average.', 'Senior project managers earn a salary of $104,000 per year (USD) or 2,092,000 INR, making it one of the highest paying roles in the industry.', 'Project management office analysts earn a salary of $106,253 per year (USD) or 449,337 INR, indicating the importance of their role in supporting project managers.', 'The success ratio of a project depends majorly on the project manager, with a salary of $75,474 per year (USD) or 1,500,000 INR, making it a role in high demand.', 'PMP certification requires 35 hours of formal training and 4500 hours of project management experience as prerequisites.', "PMI ACP is fast growing in the world due to the industry's shift towards agile, with examination fees of $435 for PMI members and $495 for non-members, and maintenance of 30 PDUs required every three years.", 'Project leads, with responsibilities involving motivating the team and ensuring the best possible project outcome, earn around $82,000 per year (USD) or 1,269,000 INR, indicating a constant demand for this role.', 'Resource managers, responsible for assigning the right people to projects and managing hiring needs, receive a salary of around $64,000 per year (USD) or 966,794 INR.', 'PRINCE2 is a widely preferred certification in the UK, with examination fees ranging from $900 to $1000, and two levels of certification: foundation and practitioner, both requiring a passing score of 55%.', 'Steering committee members, providing support and feedback to project managers, receive a salary of around $68,497 per year (USD).']}, {'end': 3775.46, 'segs': [{'end': 2762.885, 'src': 'embed', 'start': 2738.628, 'weight': 1, 'content': [{'end': 2746.615, 'text': 'So prerequisites for PRINCE2 foundation is none, whereas PRINCE2 foundation is a prerequisite for PRINCE2 practitioner examination.', 'start': 2738.628, 'duration': 7.987}, {'end': 2751.14, 'text': 'So to maintain the certificate, one has to achieve 20 CPDs every year.', 'start': 2746.756, 'duration': 4.384}, {'end': 2753.062, 'text': 'Continued professional development.', 'start': 2751.38, 'duration': 1.682}, {'end': 2757.383, 'text': 'Hi guys, my name is Ishaan and I welcome you all to this session of project planning.', 'start': 2753.422, 'duration': 3.961}, {'end': 2760.384, 'text': 'Today, we will be learning about different aspects of project planning.', 'start': 2757.563, 'duration': 2.821}, {'end': 2762.885, 'text': "But before we begin, let's have a look at an incident.", 'start': 2760.544, 'duration': 2.341}], 'summary': 'Prince2 foundation has no prerequisites, while practitioner exam requires it. to maintain the certificate, one must achieve 20 cpds annually.', 'duration': 24.257, 'max_score': 2738.628, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U2738628.jpg'}, {'end': 2965.889, 'src': 'embed', 'start': 2938.649, 'weight': 0, 'content': [{'end': 2945.855, 'text': 'Project planning reduces the cost and time of the project as every step is monitored and optimized in the best possible manner.', 'start': 2938.649, 'duration': 7.206}, {'end': 2953.301, 'text': 'Project planning increases employee satisfaction as every employee who is a part is engaged in the team for improved project performance.', 'start': 2946.175, 'duration': 7.126}, {'end': 2958.764, 'text': 'Project planning helps in the implementation of quality assurance as the output of every step is duly tested.', 'start': 2953.581, 'duration': 5.183}, {'end': 2965.889, 'text': 'Lastly, project planning helps in reducing project risk as planning helps to analyze, prioritize, and deal with that risk.', 'start': 2959.085, 'duration': 6.804}], 'summary': 'Project planning reduces cost and time, increases employee satisfaction, ensures quality, and minimizes project risk.', 'duration': 27.24, 'max_score': 2938.649, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U2938649.jpg'}, {'end': 3004.004, 'src': 'embed', 'start': 2975.154, 'weight': 9, 'content': [{'end': 2979.997, 'text': 'They help in tracking the status of the work at a particular time and their independencies on each other.', 'start': 2975.154, 'duration': 4.843}, {'end': 2984.122, 'text': 'Gantt charts help in showing different phases and steps involved in a project.', 'start': 2980.337, 'duration': 3.785}, {'end': 2988.448, 'text': 'The second tool we will talk about is Critical Path Method or CPM.', 'start': 2984.422, 'duration': 4.026}, {'end': 2993.794, 'text': 'Critical Path Method helps in scheduling the project activities so that the project runs properly.', 'start': 2988.748, 'duration': 5.046}, {'end': 3000.12, 'text': 'The Critical Path Method focuses on the longest stretch of dependent tasks and determines the time needed to complete them.', 'start': 2994.075, 'duration': 6.045}, {'end': 3004.004, 'text': 'The next tool is Project Evaluation and Review Technique or PERT Chart.', 'start': 3000.441, 'duration': 3.563}], 'summary': 'Gantt charts track work status and phases; cpm schedules project activities; pert chart evaluates project.', 'duration': 28.85, 'max_score': 2975.154, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U2975154.jpg'}, {'end': 3062.202, 'src': 'embed', 'start': 3010.329, 'weight': 3, 'content': [{'end': 3015.474, 'text': 'This tool not only helps in making a schedule, but also helps in coordinating with all the team members.', 'start': 3010.329, 'duration': 5.145}, {'end': 3018.415, 'text': 'The fourth tool we will check is work breakdown structure.', 'start': 3015.874, 'duration': 2.541}, {'end': 3025.459, 'text': 'Work breakdown structure is a very common tool that makes it possible for the team to break its work into manageable sections.', 'start': 3018.675, 'duration': 6.784}, {'end': 3030.801, 'text': 'Work breakdown structure is a step-to-step process that helps in completing the project efficiently.', 'start': 3025.799, 'duration': 5.002}, {'end': 3033.583, 'text': 'The last tool we will see is project documentation.', 'start': 3031.081, 'duration': 2.502}, {'end': 3037.124, 'text': 'Project documentation is an integral part of the project lifecycle.', 'start': 3033.823, 'duration': 3.301}, {'end': 3045.008, 'text': 'Project documentation helps in understanding the mistakes done during the project and more importantly provides guidelines for the upcoming project.', 'start': 3037.364, 'duration': 7.644}, {'end': 3051.673, 'text': 'Now, when we know about different tools for project planning, it becomes essential that we know the necessary steps of project planning.', 'start': 3045.308, 'duration': 6.365}, {'end': 3053.915, 'text': 'There are seven steps in project planning.', 'start': 3051.854, 'duration': 2.061}, {'end': 3056.057, 'text': "Let's have a look at each of them in detail.", 'start': 3054.195, 'duration': 1.862}, {'end': 3059.32, 'text': 'The first step is identification of stakeholders.', 'start': 3056.357, 'duration': 2.963}, {'end': 3062.202, 'text': 'As we have discussed, stakeholders could be anybody.', 'start': 3059.76, 'duration': 2.442}], 'summary': 'Tools for project planning include schedule maker, work breakdown structure, and project documentation. project planning involves seven steps, starting with stakeholder identification.', 'duration': 51.873, 'max_score': 3010.329, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U3010329.jpg'}, {'end': 3190.809, 'src': 'embed', 'start': 3158.783, 'weight': 6, 'content': [{'end': 3162.966, 'text': 'We will learn about a project plan and how we can make an effective plan in Microsoft Excel.', 'start': 3158.783, 'duration': 4.183}, {'end': 3166.549, 'text': "Before we begin, let's have a look at all the topics we will be covering today.", 'start': 3163.126, 'duration': 3.423}, {'end': 3168.991, 'text': 'First, we will see the basics of a project plan.', 'start': 3166.849, 'duration': 2.142}, {'end': 3174.876, 'text': 'Then, we will check the process of project management in Microsoft Excel and why should one refer to Microsoft Excel.', 'start': 3169.511, 'duration': 5.365}, {'end': 3178.259, 'text': 'Apart from this, we will learn about how to make a Gantt chart in Excel.', 'start': 3175.116, 'duration': 3.143}, {'end': 3180.921, 'text': 'Towards the end, we will check some Microsoft Excel templates.', 'start': 3178.399, 'duration': 2.522}, {'end': 3183.503, 'text': "So without any further ado, let's get started.", 'start': 3181.201, 'duration': 2.302}, {'end': 3185.264, 'text': "Let's see what is a project plan.", 'start': 3183.803, 'duration': 1.461}, {'end': 3188.567, 'text': 'Project plan is a basic thing that is needed to execute a project.', 'start': 3185.425, 'duration': 3.142}, {'end': 3190.809, 'text': 'According to project management book of knowledge,', 'start': 3188.767, 'duration': 2.042}], 'summary': 'Learn project planning in microsoft excel, covering basics, gantt chart, templates.', 'duration': 32.026, 'max_score': 3158.783, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U3158783.jpg'}], 'start': 2738.628, 'title': 'Project planning and tools', 'summary': 'Discusses project planning fundamentals, importance, and tools such as gantt charts, critical path method, and pert chart, work breakdown structure, project documentation, and creating gantt chart in excel for efficient project execution and control.', 'chapters': [{'end': 3010.009, 'start': 2738.628, 'title': 'Project planning fundamentals and importance', 'summary': 'Discusses the fundamentals of project planning, including the prerequisites for prince2 certification, the importance of project planning in reducing cost and time, increasing employee satisfaction, and implementing quality assurance, as well as the tools for project planning such as gantt charts, critical path method, and pert chart.', 'duration': 271.381, 'highlights': ['PRINCE2 foundation is a prerequisite for PRINCE2 practitioner examination, and to maintain the certificate, achieving 20 CPDs every year is required.', 'Project planning reduces the cost and time of the project, increases employee satisfaction, helps in the implementation of quality assurance, and reduces project risk.', 'The tools for project planning include Gantt charts, Critical Path Method (CPM), and Project Evaluation and Review Technique (PERT) Chart.']}, {'end': 3247.849, 'start': 3010.329, 'title': 'Project planning tools and steps', 'summary': 'Covers project planning tools such as work breakdown structure, project documentation, and the seven steps of project planning, emphasizing the importance of these tools and steps in efficient project execution and control.', 'duration': 237.52, 'highlights': ['The seven steps of project planning, including identification of stakeholders, defining project scope, setting project objectives, determining deliverables, creating a project schedule, risk analysis, and generating progress reports, are essential for efficient project execution and control.', 'Work breakdown structure is a common tool that enables teams to break down work into manageable sections, contributing to efficient project completion.', 'Project documentation is integral for understanding project mistakes and providing guidelines for future projects, highlighting its importance in project lifecycle.', 'Microsoft Excel is an easy project management tool used to plan projects, track progress, and manage tasks, making it accessible for beginners in project management.']}, {'end': 3775.46, 'start': 3248.089, 'title': 'Creating gantt chart in excel', 'summary': 'Discusses the use of excel for data analysis and project management, including the process of making a gantt chart in excel, with detailed steps and examples, showcasing the effectiveness of utilizing excel tools for project tracking and visualization.', 'duration': 527.371, 'highlights': ['The use of Excel for data analysis and project management, including the process of making a Gantt chart, is discussed, showcasing the effectiveness of utilizing Excel tools for project tracking and visualization.', 'The steps to make a Gantt chart in Excel are detailed, including creating a project table with tasks, start dates, and durations, making a bar chart, adding task durations to the chart, and converting the bar graph into a Gantt chart.', 'The process of making a Gantt chart in Excel is explained with specific examples, such as selecting data, adding descriptions to the chart, and adjusting the chart appearance to make it more presentable and effective for project coordination.', 'The benefits of using Gantt charts for coordinating and monitoring different tasks in a project are highlighted, emphasizing the importance of visualizing task status, start and end dates, and dependencies for effective project management.']}], 'duration': 1036.832, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U2738628.jpg', 'highlights': ['Project planning reduces project cost, time, and risk, increasing employee satisfaction.', 'PRINCE2 foundation is a prerequisite for PRINCE2 practitioner examination.', 'Achieving 20 CPDs every year is required to maintain the PRINCE2 certificate.', 'The seven steps of project planning are essential for efficient project execution and control.', 'Work breakdown structure enables teams to break down work into manageable sections.', 'Project documentation is integral for understanding project mistakes and providing guidelines.', 'Microsoft Excel is an easy project management tool used to plan projects and track progress.', 'The use of Excel for data analysis and project management is discussed.', 'The process of making a Gantt chart in Excel is explained with specific examples.', 'The benefits of using Gantt charts for coordinating and monitoring different tasks are highlighted.']}, {'end': 5240.216, 'segs': [{'end': 3870.361, 'src': 'embed', 'start': 3841.818, 'weight': 0, 'content': [{'end': 3844.48, 'text': 'The start date for task 1 could be changed to 10th June.', 'start': 3841.818, 'duration': 2.662}, {'end': 3848.583, 'text': 'If we change this date to 10th June, we can see the fluctuation in the Gantt chart.', 'start': 3844.9, 'duration': 3.683}, {'end': 3851.205, 'text': 'So this is how we can use this template directly.', 'start': 3848.803, 'duration': 2.402}, {'end': 3853.126, 'text': "Let's have a look at the third template now.", 'start': 3851.565, 'duration': 1.561}, {'end': 3857.069, 'text': 'Third template we will see is Excel Sprint Project Tracker template.', 'start': 3853.486, 'duration': 3.583}, {'end': 3863.014, 'text': 'This template is used majorly in Agile projects, where the project is made in several sprints or sessions.', 'start': 3857.51, 'duration': 5.504}, {'end': 3867.378, 'text': 'This template includes the start date, the end date and the duration of each task.', 'start': 3863.315, 'duration': 4.063}, {'end': 3870.361, 'text': 'We can also see the percentage completed of each task.', 'start': 3867.558, 'duration': 2.803}], 'summary': 'Task 1 start date changed to 10th june. excel sprint project tracker in agile projects shows start date, end date, and task duration.', 'duration': 28.543, 'max_score': 3841.818, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U3841818.jpg'}, {'end': 3910.716, 'src': 'embed', 'start': 3877.947, 'weight': 4, 'content': [{'end': 3880.97, 'text': 'So if we change any data, we can see the Gantt chart changing.', 'start': 3877.947, 'duration': 3.023}, {'end': 3885.635, 'text': 'For example, we can change the data in Sprint 2, Feature 3.', 'start': 3881.271, 'duration': 4.364}, {'end': 3888.098, 'text': "Let's change the start date to July 2nd.", 'start': 3885.635, 'duration': 2.463}, {'end': 3890.06, 'text': 'We can see the Gantt chart changing.', 'start': 3888.559, 'duration': 1.501}, {'end': 3894.165, 'text': 'This is how we can use this template directly to track our sessions.', 'start': 3890.801, 'duration': 3.364}, {'end': 3896.687, 'text': "Let's have a look at the fourth excel template.", 'start': 3894.645, 'duration': 2.042}, {'end': 3898.988, 'text': 'This template is excel project tracker.', 'start': 3896.967, 'duration': 2.021}, {'end': 3904.092, 'text': 'In this template, we have the data of all the tasks with their status and owners.', 'start': 3899.408, 'duration': 4.684}, {'end': 3910.716, 'text': 'We can track the percentage of tasks completed and also compare the planned duration of the task to the actual duration of the task.', 'start': 3904.332, 'duration': 6.384}], 'summary': 'Changing data in gantt chart, tracking task completion and duration in project tracker template.', 'duration': 32.769, 'max_score': 3877.947, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U3877947.jpg'}, {'end': 3979.946, 'src': 'embed', 'start': 3954.141, 'weight': 2, 'content': [{'end': 3959.302, 'text': 'This template helps us having a list of project deliverables and the risks associated with that project.', 'start': 3954.141, 'duration': 5.161}, {'end': 3964.283, 'text': 'This template helps the project managers about different crucial activities involved in a project.', 'start': 3959.442, 'duration': 4.841}, {'end': 3966.723, 'text': 'After this, we have Excel milestone tracker.', 'start': 3964.523, 'duration': 2.2}, {'end': 3971.964, 'text': 'The Milestone Tracker helps us in tracking or monitoring different tasks in a project.', 'start': 3966.983, 'duration': 4.981}, {'end': 3977.185, 'text': 'Project managers use this template to monitor the project performance with respect to the timelines.', 'start': 3972.264, 'duration': 4.921}, {'end': 3979.946, 'text': 'The last template we will see is Excel Project Planner.', 'start': 3977.365, 'duration': 2.581}], 'summary': 'Templates aid in tracking project deliverables, risks, tasks, and timelines.', 'duration': 25.805, 'max_score': 3954.141, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U3954141.jpg'}, {'end': 4284.33, 'src': 'embed', 'start': 4254.045, 'weight': 1, 'content': [{'end': 4261.892, 'text': 'The chart gives you an idea about when specific activities are planned to finish and when the overall WBS element will get delivered.', 'start': 4254.045, 'duration': 7.847}, {'end': 4265.054, 'text': 'Create tasks and work with the Gantt chart.', 'start': 4262.512, 'duration': 2.542}, {'end': 4269.378, 'text': 'This will make answering Gantt chart-based questions easy and fun.', 'start': 4265.695, 'duration': 3.683}, {'end': 4275.223, 'text': 'In the next screen, let us understand the relationships that exist among project activities.', 'start': 4270.219, 'duration': 5.004}, {'end': 4284.33, 'text': 'Network diagram is extensively used in the project time management knowledge area to plot the activity dependencies.', 'start': 4276.701, 'duration': 7.629}], 'summary': 'Learn to create tasks and work with gantt chart for project management.', 'duration': 30.285, 'max_score': 4254.045, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U4254045.jpg'}, {'end': 4666.236, 'src': 'embed', 'start': 4634.491, 'weight': 3, 'content': [{'end': 4638.313, 'text': 'Now, let us look at the tools and techniques employed in this process.', 'start': 4634.491, 'duration': 3.822}, {'end': 4644.877, 'text': 'Expert judgment refers to input received from knowledgeable and experienced resources.', 'start': 4639.434, 'duration': 5.443}, {'end': 4652.028, 'text': 'Experts can draw from their previous experiences the proper approach to govern the schedule on a project.', 'start': 4645.845, 'duration': 6.183}, {'end': 4657.011, 'text': 'Meetings may be organized to determine the schedule management plan.', 'start': 4653.069, 'duration': 3.942}, {'end': 4666.236, 'text': 'Anybody responsible for the project schedule management, such as the project manager, sponsor, customer and other stakeholders,', 'start': 4657.932, 'duration': 8.304}], 'summary': 'Tools and techniques for schedule management involve expert judgment and meetings.', 'duration': 31.745, 'max_score': 4634.491, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U4634491.jpg'}], 'start': 3775.94, 'title': 'Project management in excel', 'summary': 'Discusses creating gantt charts, utilizing excel templates, and covers project time and schedule management, including tools, techniques, and processes. it emphasizes the application of various excel templates for project management and the importance of schedule management in project progress.', 'chapters': [{'end': 3806.946, 'start': 3775.94, 'title': 'Gantt charts and excel templates', 'summary': 'Discusses how to create gantt charts and the importance of microsoft excel templates in project management, including monitoring task status and project progress, as well as overview of project using excel project review template.', 'duration': 31.006, 'highlights': ['The chapter discusses the final Gantt chart on the screen after changing colors or shapes.', 'Microsoft Excel templates aid in collecting and organizing project data, as well as checking task dependencies.', 'These templates enable monitoring task status and project progress.', 'The Excel project review template provides an overview of the project.']}, {'end': 4152.886, 'start': 3807.186, 'title': 'Excel templates for project management', 'summary': 'Introduces various excel templates for project management, including budget, sprint tracker, project schedule, status report, milestone tracker, and project planner, emphasizing their functionalities and application in managing project progress, budget, sprint sessions, task status, and scheduling.', 'duration': 345.7, 'highlights': ['The chapter introduces various Excel templates for project management, including budget, sprint tracker, project schedule, status report, milestone tracker, and project planner, emphasizing their functionalities and application in managing project progress, budget, sprint sessions, task status, and scheduling.', 'The project time management knowledge area is primarily concerned with developing a project schedule and ensuring that the project goes as per the agreed schedule.', 'The key activities of project time management include identifying activities, estimating time and resources, and sequencing activities, which are crucial for effective project planning and execution.', 'The schedule management plan, part of the project management plan, contains information on the planned project schedule and its management and control, ensuring proper adherence to the schedule and change control procedures.']}, {'end': 4561.277, 'start': 4154.326, 'title': 'Project time management', 'summary': 'Covers project schedule development, tools like gantt chart and network diagram, important terms in time management, estimating techniques, and project time management processes, including plan schedule management and control schedule.', 'duration': 406.951, 'highlights': ['Project schedule represents the time dimension of the project plan and is usually developed using software systems like Microsoft Project. (Importance: 5)', 'Gantt chart is a type of bar chart that illustrates project schedule and dependencies, aiding in understanding the timeline for specific activities. (Importance: 4)', 'Network diagram is extensively used to plot activity dependencies, with two types of models: Precedence Diagramming Model and Arrow Diagramming Model. (Importance: 3)', 'Important terms in time management include lead, lag, rolling wave planning, analogous estimating, and parametric estimating. (Importance: 2)', 'There are seven project time management processes, including plan schedule management and control schedule, with the ultimate goal of developing the project schedule. (Importance: 1)']}, {'end': 5240.216, 'start': 4561.277, 'title': 'Project schedule management', 'summary': 'Covers the process of project schedule management, including the inputs, tools and techniques, and outputs, with key points on the importance of schedule management plan, activity definition, sequencing, resource estimation and duration estimation.', 'duration': 678.939, 'highlights': ['The Schedule Management Plan is a component of the Project Management Plan that describes the criteria and activities required to arrive at the project schedule, as well as how the project may be baselined, monitored, and controlled.', 'Expert judgment is used for estimating activity resources, where an expert in resource planning and estimating can estimate each of the activities, and alternative analysis is employed to ensure only the required resources are assigned to each of the activities, aiding in resource optimization.', 'The outputs of the Define Activities process include activity list, activity attributes, and milestone list, providing specific details about the project deliverables and significant points or events in the project, aiding in detailed planning and tracking of project progress.', 'The Sequence Activities process involves identifying and documenting relationships among the project activities, and employs tools like precedence diagramming method and leads and lag to create the project schedule network diagram, facilitating a graphical representation of project activities and their dependencies.']}], 'duration': 1464.276, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U3775940.jpg', 'highlights': ['The Excel project review template provides an overview of the project.', 'The project time management knowledge area focuses on developing a project schedule.', 'The Schedule Management Plan describes the criteria and activities required to arrive at the project schedule.', 'The project schedule represents the time dimension of the project plan and is usually developed using software systems like Microsoft Project.', 'The chapter introduces various Excel templates for project management, including budget, sprint tracker, project schedule, status report, milestone tracker, and project planner.']}, {'end': 6658.56, 'segs': [{'end': 5637.187, 'src': 'embed', 'start': 5609.403, 'weight': 7, 'content': [{'end': 5612.945, 'text': 'Meeting the schedule baseline is one of the measures of project success.', 'start': 5609.403, 'duration': 3.542}, {'end': 5619.898, 'text': 'Scheduled data produced may include number of resources, key milestones, etc.', 'start': 5614.215, 'duration': 5.683}, {'end': 5625.841, 'text': 'Project calendars specify the available working days and the number of shifts in each day.', 'start': 5620.878, 'duration': 4.963}, {'end': 5631.164, 'text': 'It indicates how many hours and days are available for the work of the project to be completed.', 'start': 5626.701, 'duration': 4.463}, {'end': 5637.187, 'text': 'Project management plan updates are a result of the developed schedule process.', 'start': 5632.204, 'duration': 4.983}], 'summary': 'Meeting schedule baseline is crucial for project success, involving resources, milestones, and calendars.', 'duration': 27.784, 'max_score': 5609.403, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U5609403.jpg'}, {'end': 5727.553, 'src': 'embed', 'start': 5660.481, 'weight': 0, 'content': [{'end': 5667.906, 'text': 'It is essential to know if the required resources are available at that time, along with the time estimate of each of the activities.', 'start': 5660.481, 'duration': 7.425}, {'end': 5672.67, 'text': 'Since schedule is calendar-based, it helps in estimating the same.', 'start': 5668.747, 'duration': 3.923}, {'end': 5677.614, 'text': 'Schedule network analysis technique generates project schedule.', 'start': 5673.791, 'duration': 3.823}, {'end': 5680.676, 'text': 'There are various schedule network techniques.', 'start': 5678.334, 'duration': 2.342}, {'end': 5686, 'text': 'Critical path method relies on determining the critical path on a project schedule.', 'start': 5681.597, 'duration': 4.403}, {'end': 5690.795, 'text': 'Critical chain method is a variant of the critical path method,', 'start': 5686.954, 'duration': 3.841}, {'end': 5698.056, 'text': 'wherein the critical chain is determined based on the logical resource and other kinds of dependencies between the activities.', 'start': 5690.795, 'duration': 7.261}, {'end': 5706.418, 'text': 'What-if scenario analysis is about trying to vary a certain parameter to observe the impact on the schedule.', 'start': 5699.277, 'duration': 7.141}, {'end': 5714.34, 'text': 'For instance, you may want to check result if you put in more resources on a particular activity to reduce its duration.', 'start': 5707.058, 'duration': 7.282}, {'end': 5722.811, 'text': 'Resource optimization techniques try to arrive at the optimal utilization of the resources used on a project.', 'start': 5715.569, 'duration': 7.242}, {'end': 5727.553, 'text': 'Ideally, you would want the resources to be fully utilized,', 'start': 5723.752, 'duration': 3.801}], 'summary': 'Schedule network analysis techniques optimize resource utilization and project schedules.', 'duration': 67.072, 'max_score': 5660.481, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U5660481.jpg'}, {'end': 5893.452, 'src': 'embed', 'start': 5871.881, 'weight': 16, 'content': [{'end': 5881.729, 'text': 'the notion of six sigma is reaching a level of confidence that only 3.4 times out of a million would the actual value fall outside the stated range.', 'start': 5871.881, 'duration': 9.848}, {'end': 5889.671, 'text': 'PERT allows you to plan based on the intended level of confidence in the outcome and determine buffers accordingly.', 'start': 5882.469, 'duration': 7.202}, {'end': 5893.452, 'text': 'Let us discuss the critical path method in the next screen.', 'start': 5890.711, 'duration': 2.741}], 'summary': 'Six sigma achieves 3.4 times in a million confidence; pert plans with intended confidence level to determine buffers.', 'duration': 21.571, 'max_score': 5871.881, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U5871881.jpg'}, {'end': 6499.049, 'src': 'embed', 'start': 6473.376, 'weight': 15, 'content': [{'end': 6478.899, 'text': 'The key output of the control schedule process is the work performance information.', 'start': 6473.376, 'duration': 5.523}, {'end': 6487.283, 'text': 'This is represented in the form of schedule variance, SV, and schedule performance index, SPI.', 'start': 6479.659, 'duration': 7.624}, {'end': 6494.527, 'text': 'As a part of the control schedule process, the project team will generate forecasts,', 'start': 6488.203, 'duration': 6.324}, {'end': 6499.049, 'text': 'likely schedule for forthcoming activities and project as a whole.', 'start': 6494.527, 'duration': 4.522}], 'summary': 'Control schedule process outputs work performance information like sv and spi, and generates forecasts for forthcoming activities and the project as a whole.', 'duration': 25.673, 'max_score': 6473.376, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U6473376.jpg'}], 'start': 5241.417, 'title': 'Project time and schedule management', 'summary': 'Discusses the continuous update of activity duration estimation, emphasizing the impact of project progress on clarity, inputs required, and the significance of the schedule management plan. it also covers developing project schedule, activity duration estimation, schedule network analysis techniques, pert estimation, critical path method, float types, critical path, schedule compression, and project time and cost management processes with key terminologies and objectives.', 'chapters': [{'end': 5283.846, 'start': 5241.417, 'title': 'Activity duration estimation', 'summary': 'Discusses the importance of updating activity duration estimation continuously during the project, emphasizing the impact of project progress on clarity. it also highlights the inputs required for this process and the significance of schedule management plan as the first input.', 'duration': 42.429, 'highlights': ['The importance of continuously updating activity duration estimation as the project progresses, to gain more clarity on the project (quantifiable data: emphasis on continuous update)', 'The inputs required for the activity duration estimation process, including the Schedule Management Plan, which provides guidance on scheduling activities and estimation techniques (quantifiable data: emphasis on inputs and guidance)']}, {'end': 5746.397, 'start': 5285.16, 'title': 'Develop schedule and activity duration estimation', 'summary': 'Discusses the inputs, tools, and techniques for estimating activity durations and developing the project schedule, emphasizing the impact of resources, risks, and organizational factors. it also highlights the importance of schedule network analysis techniques and the generation of the schedule baseline.', 'duration': 461.237, 'highlights': ['The activity duration estimates is represented in terms of the range of possible results, such as 10 days plus minus two days, indicating a range of minimum eight days to maximum 12 days.', 'The use of three-point estimating as a method for estimating activity durations, providing a more comprehensive approach compared to a single estimate.', "The impact of enterprise environmental factors, such as organization's productivity metrics, on project duration, collected based on experiences from multiple projects, emphasizing the influence of external factors on project timelines.", 'The use of schedule network analysis techniques, including critical path method, critical chain method, what-if scenario analysis, and resource optimization techniques, to generate the project schedule and ensure optimal resource utilization.', 'The development of the project schedule as an iterative process, involving the analysis of activity sequences, durations, resource requirements, and schedule constraints to create a realistic schedule that continues to be revised and maintained throughout the project.']}, {'end': 5965.205, 'start': 5747.258, 'title': 'Pert estimation and critical path method', 'summary': 'Explains the pert estimation technique using optimistic, pessimistic, and most likely estimates to calculate the expected duration and standard deviation, and also discusses the critical path method and different types of float in project management.', 'duration': 217.947, 'highlights': ['The chapter explains the PERT estimation technique using optimistic, pessimistic, and most likely estimates to calculate the expected duration and standard deviation, and also discusses the critical path method and different types of float in project management.', 'The PERT estimation involves using optimistic, pessimistic, and most likely estimates, such as 20, 70, and 30, to determine the expected duration and standard deviation, providing insights into planning based on the intended level of confidence in the outcome and determining buffers accordingly.', 'The critical path method is defined as the longest duration path through a network diagram, determining the shortest time to complete the project, and it also introduces the concept of float, including total float, free float, and independent float, with explanations of their significance in project scheduling.']}, {'end': 6391.588, 'start': 5966.055, 'title': 'Critical path and schedule compression', 'summary': 'Covers critical path method, calculating float, schedule compression, and various scheduling techniques, and it emphasizes the importance of understanding the critical path and its impact on project duration, as well as the different schedule compression techniques and their impacts on cost, resources, and risk.', 'duration': 425.533, 'highlights': ['The critical path method involves identifying the critical path of the network, calculating early start and early finish for each activity, and understanding that the float of activities on the critical path is zero, representing the overall project duration.', 'The process of calculating late finish and late start using the backward pass method, determining the total float formula, and understanding the critical path calculation with an example are essential for the PMP exam preparation.', 'The example for critical path calculation demonstrates the identification of the critical path in a project with two paths, and the detailed calculation of early start, early finish, late start, and late finish for a specific activity, emphasizing the practical application of critical path analysis.', 'The discussion on schedule compression highlights the concept of crashing activities to reduce project time, the impact of fast track, crash, reduced scope, cut quality, and resource reallocation on cost, resources, risk, and customer satisfaction, providing insights into the trade-offs of schedule compression techniques.', 'The overview of scheduling techniques includes What-if Scenario Analysis, Monte Carlo Analysis, resource optimization techniques, and the critical chain method, emphasizing the importance of these techniques in producing a realistic schedule and managing resource dependencies in project scheduling.', 'The control schedule process focuses on determining the status of the project schedule, managing actual changes, and using the project schedule as an important input, underscoring the significance of controlling and managing changes in the project schedule.']}, {'end': 6658.56, 'start': 6392.408, 'title': 'Project time management and cost management', 'summary': 'Covers the processes of project time management, including key inputs, tools and techniques, and outputs, as well as an introduction to project cost management, with a focus on its objectives and key terminologies.', 'duration': 266.152, 'highlights': ['The key output of the control schedule process is the work performance information, represented as schedule variance (SV) and schedule performance index (SPI).', 'The performance review is a key tool for measuring, comparing, and analyzing schedule performance, such as actual start and finish dates, percent complete, and remaining duration for work in progress.', 'The project time management includes seven processes: plan schedule management, define activities, sequence activities, estimate activity resources, estimate activity durations, develop schedule, and control schedule.', 'The project cost management lesson aims to enable learners to apply earned value management technique to track project performance and identify key terminologies used in project cost management.', 'The project management process map outlines 47 processes grouped into 10 knowledge areas and mapped to five process groups, with a focus on the fourth knowledge area, project cost management and its processes.']}], 'duration': 1417.143, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U5241417.jpg', 'highlights': ['The importance of continuously updating activity duration estimation as the project progresses, to gain more clarity on the project (emphasis on continuous update)', 'The inputs required for the activity duration estimation process, including the Schedule Management Plan, which provides guidance on scheduling activities and estimation techniques (emphasis on inputs and guidance)', 'The use of three-point estimating as a method for estimating activity durations, providing a more comprehensive approach compared to a single estimate', 'The use of schedule network analysis techniques, including critical path method, critical chain method, what-if scenario analysis, and resource optimization techniques, to generate the project schedule and ensure optimal resource utilization', 'The development of the project schedule as an iterative process, involving the analysis of activity sequences, durations, resource requirements, and schedule constraints to create a realistic schedule that continues to be revised and maintained throughout the project', 'The PERT estimation technique using optimistic, pessimistic, and most likely estimates to calculate the expected duration and standard deviation, and the critical path method and different types of float in project management', 'The critical path method involves identifying the critical path of the network, calculating early start and early finish for each activity, and understanding that the float of activities on the critical path is zero, representing the overall project duration', 'The process of calculating late finish and late start using the backward pass method, determining the total float formula, and understanding the critical path calculation with an example are essential for the PMP exam preparation', 'The example for critical path calculation demonstrates the identification of the critical path in a project with two paths, and the detailed calculation of early start, early finish, late start, and late finish for a specific activity, emphasizing the practical application of critical path analysis', 'The discussion on schedule compression highlights the concept of crashing activities to reduce project time, the impact of fast track, crash, reduced scope, cut quality, and resource reallocation on cost, resources, risk, and customer satisfaction, providing insights into the trade-offs of schedule compression techniques', 'The overview of scheduling techniques includes What-if Scenario Analysis, Monte Carlo Analysis, resource optimization techniques, and the critical chain method, emphasizing the importance of these techniques in producing a realistic schedule and managing resource dependencies in project scheduling', 'The control schedule process focuses on determining the status of the project schedule, managing actual changes, and using the project schedule as an important input, underscoring the significance of controlling and managing changes in the project schedule', 'The key output of the control schedule process is the work performance information, represented as schedule variance (SV) and schedule performance index (SPI)', 'The performance review is a key tool for measuring, comparing, and analyzing schedule performance, such as actual start and finish dates, percent complete, and remaining duration for work in progress', 'The project time management includes seven processes: plan schedule management, define activities, sequence activities, estimate activity resources, estimate activity durations, develop schedule, and control schedule', 'The project cost management lesson aims to enable learners to apply earned value management technique to track project performance and identify key terminologies used in project cost management', 'The project management process map outlines 47 processes grouped into 10 knowledge areas and mapped to five process groups, with a focus on the fourth knowledge area, project cost management and its processes']}, {'end': 8033.477, 'segs': [{'end': 6901.1, 'src': 'embed', 'start': 6877.033, 'weight': 4, 'content': [{'end': 6886.816, 'text': 'For example, for some projects budget could be a constraint, whereas for others budget would not be a constraint, but subject to the other objectives.', 'start': 6877.033, 'duration': 9.783}, {'end': 6897.239, 'text': 'Enterprise. environmental factors provide the organizational context to the project, including the culture of the organization and the infrastructure,', 'start': 6887.717, 'duration': 9.522}, {'end': 6901.1, 'text': 'for instance, the scheduling systems available, the key personnel, and so on.', 'start': 6897.239, 'duration': 3.861}], 'summary': 'Projects have varying budget constraints and are influenced by organizational context, such as culture and infrastructure.', 'duration': 24.067, 'max_score': 6877.033, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U6877033.jpg'}, {'end': 7142.477, 'src': 'embed', 'start': 7112.448, 'weight': 0, 'content': [{'end': 7117.291, 'text': 'The Cost Management Plan lays the framework for the cost management processes in the project.', 'start': 7112.448, 'duration': 4.843}, {'end': 7124.616, 'text': 'It provides guidelines such as the units of measure, accuracy desired, methodologies and tools to be used, etc.', 'start': 7118.071, 'duration': 6.545}, {'end': 7129.456, 'text': 'Let us now look at the tools and techniques used in this process.', 'start': 7125.956, 'duration': 3.5}, {'end': 7142.477, 'text': 'Expert judgment, reserve analysis, analogous estimating cost of quality, parametric estimating, project management software, bottom-up estimating,', 'start': 7131.047, 'duration': 11.43}], 'summary': 'Cost management plan guides cost processes with tools like expert judgment and project management software.', 'duration': 30.029, 'max_score': 7112.448, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U7112448.jpg'}, {'end': 7721.974, 'src': 'embed', 'start': 7692.611, 'weight': 2, 'content': [{'end': 7696.933, 'text': 'Estimate to complete is the expected cost to finish all the remaining project work.', 'start': 7692.611, 'duration': 4.322}, {'end': 7703.676, 'text': 'Variance at completion is the projected budget surplus or deficit at the end of the project.', 'start': 7697.894, 'duration': 5.782}, {'end': 7707.738, 'text': 'All the parameters displayed on the screen are measured in terms of cost.', 'start': 7704.336, 'duration': 3.402}, {'end': 7714.792, 'text': 'You may come across business scenario-based questions on earned value management in the PMP exam,', 'start': 7708.41, 'duration': 6.382}, {'end': 7717.913, 'text': 'so ensure that you develop a clear understanding of this topic.', 'start': 7714.792, 'duration': 3.121}, {'end': 7721.974, 'text': 'Let us look at an example of a planned value in the next screen.', 'start': 7718.653, 'duration': 3.321}], 'summary': 'Estimate to complete and variance at completion are key earned value management metrics in project management, important for the pmp exam.', 'duration': 29.363, 'max_score': 7692.611, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U7692611.jpg'}, {'end': 7792.152, 'src': 'embed', 'start': 7764.059, 'weight': 1, 'content': [{'end': 7772.326, 'text': 'Similarly, in schedule variance, negative means the project is behind schedule, whereas positive means the project is ahead of schedule.', 'start': 7764.059, 'duration': 8.267}, {'end': 7784.13, 'text': 'The value of the next two parameters, cost performance index, CPI, and schedule performance index, SPI, values vary between 0 and 1.', 'start': 7773.127, 'duration': 11.003}, {'end': 7792.152, 'text': 'For example, a CPI of 0.8 implies that 80 cents of work is obtained for every dollar spent in the project.', 'start': 7784.13, 'duration': 8.022}], 'summary': 'Negative schedule variance means project behind schedule, cpi values vary between 0 and 1.', 'duration': 28.093, 'max_score': 7764.059, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U7764059.jpg'}, {'end': 7871.131, 'src': 'embed', 'start': 7848.333, 'weight': 3, 'content': [{'end': 7857.118, 'text': 'AC plus ETC is used if you want to re-evaluate the project based on a forecast value for the estimated cost of the remainder of the project.', 'start': 7848.333, 'duration': 8.785}, {'end': 7861.221, 'text': 'The next parameter is estimate to complete or ETC.', 'start': 7857.939, 'duration': 3.282}, {'end': 7865.706, 'text': 'which is the cost of project from this point to the end.', 'start': 7862.864, 'duration': 2.842}, {'end': 7871.131, 'text': 'This is calculated by subtracting the actual cost from the estimate at completion.', 'start': 7866.687, 'duration': 4.444}], 'summary': 'Ac plus etc is used to re-evaluate the project based on forecasted estimated cost, with etc representing the cost from the current point to the end.', 'duration': 22.798, 'max_score': 7848.333, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U7848333.jpg'}], 'start': 6659.445, 'title': 'Project cost management and earned value technique', 'summary': 'Covers project cost management, including cost management plan, methods for estimating project costs, cost management overview, tools for cost estimation and budget determination, processes for budget determination and cost control, and earned value technique formulas with a software development project example.', 'chapters': [{'end': 6876.312, 'start': 6659.445, 'title': 'Project cost management', 'summary': "Discusses project cost management, including the cost management plan, methods for estimating project activities' costs, control account in project cost management, and the four processes of project cost management, emphasizing the importance of planning and managing project costs effectively.", 'duration': 216.867, 'highlights': ['Project cost management involves activities like estimating the cost of each of the project activities, adding the cost estimates of the related activities to arrive at the cost budget and controlling the cost to ensure that project activities are completed within the defined budget. (Importance of project cost management activities)', 'The cost management plan is a vital step in project cost management. It contains information like planning the project, cost managing and controlling the project in relation to the cost baseline and managing cost variances. (Significance of the cost management plan)', 'Control account is an important concept in the project cost management. Project cost is generally estimated at individual activity level. it becomes difficult to manage cost at the activity level in large projects. Therefore, the cost is managed at a higher level. This requires related activities to be clubbed and their cost being managed together as one unit. (Explanation of control account in project cost management)', 'Project cost management has four processes. They are plan cost management, estimate costs, determine budget, and control costs. The three processes Plan Cost Management, Estimate Costs and Determined Budget are a part of Planning Process Group and Control Cost Process is a part of Monitoring and Controlling Process Group. (Overview of the four processes of project cost management)']}, {'end': 7025.498, 'start': 6877.033, 'title': 'Project cost management overview', 'summary': 'Discusses the key inputs, tools, and techniques for project cost management, including the impact of enterprise environmental factors and organizational process assets on cost management, the role of expert judgment and analytical techniques in determining the cost management plan, and the primary output of this process, the cost management plan.', 'duration': 148.465, 'highlights': ['The Cost Management Plan is the primary output of the process, establishing the framework for cost management, including units of measure, precision levels, organizational process links, and rules for performance measurement and reporting.', 'Expert judgment is employed to devise an approach to govern project costs based on previous experiences and knowledge.', 'Several analytical techniques are used to map the impact of decisions on cost, such as risk management processes.', 'Meetings are organized with key project stakeholders to determine the cost management plan, ensuring their attendance for project schedule management.', 'Enterprise environmental factors and organizational process assets provide the organizational context and inputs for project cost management, including culture, infrastructure, policies, procedures, past performance data, and historical information.']}, {'end': 7344.589, 'start': 7026.979, 'title': 'Project cost management overview', 'summary': 'Discusses the key inputs and tools for project cost estimation and budget determination, emphasizing the significance of scope baseline, cost management plan, and tools like vendor bid analysis and group decision making.', 'duration': 317.61, 'highlights': ['The Cost Management Plan provides guidelines for cost management processes, including budgeting cycles and tools and techniques used, emphasizing its role as a key input to project cost management.', 'The chapter emphasizes the significance of scope baseline as the most important input detailing the project scope of work, along with the project schedule and Human Resource Management Plan, in approximating the cost estimate.', 'Vendor bid analysis is highlighted as a technique used to estimate project cost by inviting bids from multiple suppliers and assessing their quotations to understand the cost involved in procuring materials for the project.', 'Group decision making techniques are emphasized as important for project cost estimation, particularly in gathering well-rounded input and arriving at decisions that the team can work with for cost estimation exercises.']}, {'end': 7792.152, 'start': 7345.546, 'title': 'Project cost management', 'summary': 'Covers the process of determining budget and control cost, including key tools and techniques such as reserve analysis, funding limit reconciliation, and earned value analysis, with a focus on the importance of cost monitoring and variance analysis to ensure project budget adherence.', 'duration': 446.606, 'highlights': ['The output of the determining budget process is the cost baseline, used to measure, monitor, and control overall cost performance of the project.', 'Reserve analysis involves adding extra amount as management reserve to take care of any unplanned activities after cost estimation.', 'Funding limit reconciliation technique ensures that project budget aligns with the availability of funds, critical for projects receiving fixed monthly funding.', 'Control cost process involves monitoring project status, updating budget, and managing changes to the cost baseline, with any increase to the authorized budget requiring approval through perform integrated change control process.', 'Earned value analysis is a vital tool for tracking project progress against the baseline, measuring project performance objectively, and indicating deviations from cost and schedule baselines.']}, {'end': 8033.477, 'start': 7792.833, 'title': 'Earned value technique formulas', 'summary': 'Explains the concepts of earned value technique, including parameters like spi, eac, etc, variance at completion, and tcpi, and provides a business scenario to understand these concepts better with a software development project example.', 'duration': 240.644, 'highlights': ['The chapter explains parameters like SPI (Schedule Performance Index), EAC (Estimate at Completion), ETC (Estimate to Complete), variance at completion, and TCPI (To Complete Performance Index), which are crucial in evaluating project progress.', 'The method for calculating EAC value varies based on the expected cost and schedule variances for the rest of the project, using formulas like BAC by CPI, AC plus BAC minus EV, and AC plus BAC minus EV by the product of CPI and SPI, among others.', 'The transcript provides a detailed example of a software development project, including phases, costs, and progress status, and then asks the reader to calculate the CV, SV, CPI, and SPI of the project, demonstrating the practical application of the concepts explained.', 'The concept of the law of diminishing return is briefly explained as a useful definition for the PMP examination, illustrating that doubling the number of resources working on a project may not necessarily reduce the time taken to complete it.']}], 'duration': 1374.032, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U6659445.jpg', 'highlights': ['Earned value analysis is a vital tool for tracking project progress against the baseline, measuring project performance objectively, and indicating deviations from cost and schedule baselines.', 'The method for calculating EAC value varies based on the expected cost and schedule variances for the rest of the project, using formulas like BAC by CPI, AC plus BAC minus EV, and AC plus BAC minus EV by the product of CPI and SPI, among others.', 'The Cost Management Plan provides guidelines for cost management processes, including budgeting cycles and tools and techniques used, emphasizing its role as a key input to project cost management.', 'The output of the determining budget process is the cost baseline, used to measure, monitor, and control overall cost performance of the project.', 'The chapter emphasizes the significance of scope baseline as the most important input detailing the project scope of work, along with the project schedule and Human Resource Management Plan, in approximating the cost estimate.']}, {'end': 9602.37, 'segs': [{'end': 8254.942, 'src': 'embed', 'start': 8224.69, 'weight': 9, 'content': [{'end': 8228.251, 'text': 'The project manager is responsible for quality in a project.', 'start': 8224.69, 'duration': 3.561}, {'end': 8237.593, 'text': 'However, it is also the responsibility of each and every one in the project to ensure that whatever they do meets project quality expectations.', 'start': 8228.691, 'duration': 8.902}, {'end': 8244.535, 'text': 'Quality is defined as the degree to which a set of inherent characteristics fulfills requirements.', 'start': 8238.073, 'duration': 6.462}, {'end': 8254.942, 'text': 'A project is said to meet quality expectations when all the project requirements agreed in the beginning of the project are met and the resulting product is usable.', 'start': 8245.071, 'duration': 9.871}], 'summary': 'Project manager ensures project quality; all team members must meet requirements for usable product.', 'duration': 30.252, 'max_score': 8224.69, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U8224690.jpg'}, {'end': 8298.803, 'src': 'embed', 'start': 8270.777, 'weight': 0, 'content': [{'end': 8275.618, 'text': 'Customer satisfaction is defined as conformance to requirements and fitness for use.', 'start': 8270.777, 'duration': 4.841}, {'end': 8280.639, 'text': 'It is important to understand the subtle distinction between quality and grade.', 'start': 8276.279, 'duration': 4.36}, {'end': 8284.941, 'text': 'Grade is a classification based on technical characteristics.', 'start': 8281.299, 'duration': 3.642}, {'end': 8290.201, 'text': 'Low quality is always a problem, but low grade may not be a problem.', 'start': 8285.521, 'duration': 4.68}, {'end': 8292.682, 'text': 'Rather, it would be a matter of choice.', 'start': 8290.701, 'duration': 1.981}, {'end': 8298.803, 'text': 'Similarly, it is important to understand the distinction between precision and accuracy.', 'start': 8293.322, 'duration': 5.481}], 'summary': 'Customer satisfaction defined by conformance to requirements and fitness for use, with emphasis on quality and grade distinctions.', 'duration': 28.026, 'max_score': 8270.777, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U8270777.jpg'}, {'end': 8595.823, 'src': 'embed', 'start': 8564.409, 'weight': 4, 'content': [{'end': 8572.353, 'text': 'if the data shows cost increase, then corrective and preventative actions are required to get the project within the 10% limit.', 'start': 8564.409, 'duration': 7.944}, {'end': 8574.895, 'text': 'This is quality control.', 'start': 8572.994, 'duration': 1.901}, {'end': 8579.955, 'text': 'In the next screen, let us discuss a few quality management concepts.', 'start': 8575.993, 'duration': 3.962}, {'end': 8585.438, 'text': 'Let us look at some terms that are commonly used in quality management parlance.', 'start': 8580.936, 'duration': 4.502}, {'end': 8595.823, 'text': 'Total quality management, or TQM, is a quality management philosophy that involves holistic thinking about meeting the objectives of an organization.', 'start': 8585.998, 'duration': 9.825}], 'summary': 'Corrective actions needed for cost increase to stay within 10%. quality management concepts include tqm.', 'duration': 31.414, 'max_score': 8564.409, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U8564409.jpg'}, {'end': 8660.513, 'src': 'embed', 'start': 8635.34, 'weight': 2, 'content': [{'end': 8644.206, 'text': 'Kanban is a pull-based management system that originated in Japan, based on just-in-time JIT inventory management.', 'start': 8635.34, 'duration': 8.866}, {'end': 8653.133, 'text': 'The idea behind Kanban is to minimize the work in progress and achieve a smooth flow in the process from start to finish.', 'start': 8645.207, 'duration': 7.926}, {'end': 8660.513, 'text': 'because building up inventory only to paper over the imperfections in the system tends to hide the problems.', 'start': 8654.127, 'duration': 6.386}], 'summary': 'Kanban minimizes work in progress and ensures smooth flow in the process.', 'duration': 25.173, 'max_score': 8635.34, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U8635340.jpg'}, {'end': 8781.927, 'src': 'embed', 'start': 8734.134, 'weight': 1, 'content': [{'end': 8743.401, 'text': 'It is cost incurred on failures that occur after it has been released by the team, for example, liabilities, warranty work, and lost business.', 'start': 8734.134, 'duration': 9.267}, {'end': 8752.147, 'text': 'Concept-based questions on cost of quality can be expected in the exam, so please make a note of the categories of cost of quality.', 'start': 8744.039, 'duration': 8.108}, {'end': 8756.812, 'text': 'Let us look at the project quality management processes in the next screen.', 'start': 8752.588, 'duration': 4.224}, {'end': 8765.701, 'text': 'There are three project quality management processes, of which the first, process, plan quality management,', 'start': 8758.193, 'duration': 7.508}, {'end': 8768.143, 'text': 'is done as part of the planning process group.', 'start': 8765.701, 'duration': 2.442}, {'end': 8774.741, 'text': 'The next process, Perform Quality Assurance, is done as part of the Executing Process Group.', 'start': 8768.737, 'duration': 6.004}, {'end': 8781.927, 'text': 'And the last process, Control Quality, is done as part of the Monitoring and Controlling Process Group.', 'start': 8775.282, 'duration': 6.645}], 'summary': 'Cost of quality includes liabilities, warranty work, and lost business. project quality management involves 3 processes: plan quality management, perform quality assurance, and control quality.', 'duration': 47.793, 'max_score': 8734.134, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U8734134.jpg'}, {'end': 9034.443, 'src': 'embed', 'start': 9008.297, 'weight': 3, 'content': [{'end': 9016.924, 'text': 'For example, if destructive testing is a requirement, then it can be carried out only on a sample, not on the entire population.', 'start': 9008.297, 'duration': 8.627}, {'end': 9023.85, 'text': 'Statistical sampling helps in arriving at a representative sample that can give useful information.', 'start': 9017.905, 'duration': 5.945}, {'end': 9030.902, 'text': 'Other additional tools, such as brainstorming, force field analysis, etc.', 'start': 9024.921, 'duration': 5.981}, {'end': 9034.443, 'text': ', may be used to determine the quality management plan for the project.', 'start': 9030.902, 'duration': 3.541}], 'summary': 'Statistical sampling ensures representative sample for quality management plan.', 'duration': 26.146, 'max_score': 9008.297, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U9008297.jpg'}, {'end': 9203.966, 'src': 'embed', 'start': 9178.49, 'weight': 5, 'content': [{'end': 9185.694, 'text': 'standards and procedures and determine whether these policies, standards and procedures used are efficient and effective.', 'start': 9178.49, 'duration': 7.204}, {'end': 9190.012, 'text': 'So a good audit not only looks at this compliance,', 'start': 9186.488, 'duration': 3.524}, {'end': 9195.818, 'text': 'but also for the new lessons learned from the current project that can help make the future projects better.', 'start': 9190.012, 'duration': 5.806}, {'end': 9203.966, 'text': 'Process analysis involves using the lessons learned from doing the initial few work to make the remaining work more efficient.', 'start': 9196.539, 'duration': 7.427}], 'summary': 'Audit assesses efficiency and effectiveness of policies and procedures to improve future projects.', 'duration': 25.476, 'max_score': 9178.49, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U9178490.jpg'}], 'start': 8033.477, 'title': 'Project quality management', 'summary': 'Covers project cost management, quality control, and understanding quality management, emphasizing the processes, techniques, and objectives, as well as the responsibilities and activities involved. it also discusses key quality management concepts, cost of quality, adherence to standards, and continuous improvement, including the implementation of six sigma aiming for near-perfect products.', 'chapters': [{'end': 8244.535, 'start': 8033.477, 'title': 'Project cost management and quality control', 'summary': 'Discusses project cost management, including the processes, techniques, and objectives, and introduces the topic of project quality management, outlining the responsibilities and objectives of the project manager and the team.', 'duration': 211.058, 'highlights': ["The project cost management processes involve estimating, budgeting, and controlling costs to ensure the project's completion within the approved budget.", "Cost Estimate provides an educated guess of the project's or activity's cost, while the Budget sets aside funds based on the cost estimate.", 'Earned value management technique indicates potential deviation of the project from the cost and/or schedule baselines, aiding in cost control.', 'Quality is defined as the degree to which a set of inherent characteristics fulfills requirements, and it is the responsibility of the project manager and the team to ensure project quality expectations are met.']}, {'end': 8469.547, 'start': 8245.071, 'title': 'Understanding quality management', 'summary': 'Discusses the concept of quality, including customer satisfaction, precision, accuracy, and optimal level of quality, as well as the activities involved in quality management, such as planning, assurance, and control.', 'duration': 224.476, 'highlights': ['The optimal level of quality is achieved at the point where the incremental revenue from improvement equals the incremental cost to secure it, ensuring maximum buyers for the manufactured products.', 'Customer satisfaction is defined as conformance to requirements and fitness for use, emphasizing the importance of meeting project requirements and usability.', 'Quality management involves activities like creating standard policies and procedures, ensuring that those standard procedures are followed properly, and includes quality planning, assurance, and control.', 'Precision is the granularity of measurement, while accuracy is how correct the measurements are, distinguishing between the two aspects of measurement.', 'Understanding the subtle distinction between quality and grade, where grade is a classification based on technical characteristics, and low quality is always a problem while low grade may not be.', 'Quality assurance is the stage of implementing quality plans, while quality control involves periodic checks to see if project quality is improving, outlining the different aspects of quality management.']}, {'end': 8756.812, 'start': 8470.067, 'title': 'Quality management overview', 'summary': 'Discusses quality management, including quality assurance, quality control, and key quality management concepts such as tqm, kaizen, pdca cycle, and kanban. it also explains the cost of quality and its categories, emphasizing the importance of adherence to quality standards and the impact of failures on project costs and customer satisfaction.', 'duration': 286.745, 'highlights': ["The role of quality control is to measure specific project data or results against standards, inspect and verify the project's product defect repair, and measure whether quality indicators are improving. Quality control is about the product and data.", 'The project showed an improvement of 5% in the last three months, reducing the over budget percentage from 20% to 15%, indicating a positive trend towards meeting the planned cost limit of 10%.', 'The chapter introduces key quality management concepts such as Total Quality Management (TQM), Kaizen, PDCA cycle, and Kanban, providing an overview of their principles and significance in achieving quality objectives.', 'Cost of quality is categorized into cost of conformance, including prevention and appraisal costs, and cost of non-conformance, including internal and external failure costs, emphasizing the financial impact of quality management on project success and customer satisfaction.']}, {'end': 9312.652, 'start': 8758.193, 'title': 'Project quality management', 'summary': 'Explains the three project quality management processes, including the aim, inputs, tools, and outputs of each process, emphasizing the importance of adhering to standards and continuous improvement.', 'duration': 554.459, 'highlights': ['The project quality management consists of three processes: plan quality management, perform quality assurance, and control quality.', 'Plan quality management aims to identify relevant standards and requirements to achieve the desired quality level, with inputs including project management plan, stakeholder requirements, and risk register.', 'Quality planning involves analyzing the benefits versus costs of meeting quality requirements and using tools such as benchmarking, design of experiments, and the seven basic quality tools.', 'Perform quality assurance involves ensuring that standards are met and processes are followed, with tools such as quality audit, process analysis, and the seven basic quality tools.', 'Quality control focuses on the correctness of work and uses inputs such as quality metrics measurements, project deliverables, and work performance data.', 'The chapter emphasizes the importance of adhering to standards, continuous improvement, and updating project documents based on quality planning and assurance activities.']}, {'end': 9602.37, 'start': 9313.132, 'title': 'Quality control & six sigma', 'summary': 'Covers quality control activities, including seven basic tools of quality, statistical sampling, and six sigma, which aims to achieve near-perfect products with only three defects out of a million units manufactured.', 'duration': 289.238, 'highlights': ['Quality control activities involve using seven basic tools of quality, statistical sampling, inspection or testing, and review of approved changes.', 'Six Sigma aims to achieve near-perfect products and services consistently, with only three defects out of a million units manufactured.', 'Standard deviation concept is used to measure how far any data is from the mean, with one standard deviation from the mean covering 68% of the data, and Six Sigma covering 99.99966% of the data.', 'In a business scenario, a tire manufacturing company utilizes Six Sigma to ensure that all tires up to six standard deviations from the mean are defect-free, resulting in only three defective tires out of a million manufactured.', "Quality management includes creating and following policies and procedures that meet the project's defined quality needs, with quality planning, assurance, and control being integral processes."]}], 'duration': 1568.893, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U8033477.jpg', 'highlights': ['The project cost management processes involve estimating, budgeting, and controlling costs.', 'Quality is defined as the degree to which a set of inherent characteristics fulfills requirements.', 'The optimal level of quality is achieved at the point where the incremental revenue from improvement equals the incremental cost to secure it.', 'The role of quality control is to measure specific project data or results against standards.', 'The project showed an improvement of 5% in the last three months, reducing the over budget percentage from 20% to 15%.', 'The chapter introduces key quality management concepts such as Total Quality Management (TQM), Kaizen, PDCA cycle, and Kanban.', 'The project quality management consists of three processes: plan quality management, perform quality assurance, and control quality.', 'Six Sigma aims to achieve near-perfect products and services consistently, with only three defects out of a million units manufactured.', 'Standard deviation concept is used to measure how far any data is from the mean, with Six Sigma covering 99.99966% of the data.', "Quality management includes creating and following policies and procedures that meet the project's defined quality needs."]}, {'end': 12517.845, 'segs': [{'end': 10142.431, 'src': 'embed', 'start': 10117.162, 'weight': 5, 'content': [{'end': 10127.706, 'text': 'PMO may also help in managing interdependencies between the projects, selecting, managing and deploying shared or dedicated project resources,', 'start': 10117.162, 'duration': 10.544}, {'end': 10137.609, 'text': 'if need be, terminating a project and organizing lessons learned sessions and maintaining the project management knowledge base for an organization.', 'start': 10127.706, 'duration': 9.903}, {'end': 10142.431, 'text': 'In the next screen, we will discuss how to manage the triple constraints.', 'start': 10138.369, 'duration': 4.062}], 'summary': 'Pmo assists in managing project interdependencies, resources, termination, and knowledge base.', 'duration': 25.269, 'max_score': 10117.162, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U10117162.jpg'}, {'end': 10573.785, 'src': 'embed', 'start': 10545.025, 'weight': 10, 'content': [{'end': 10549.369, 'text': 'There is another term that you might find in the exam called type matrix.', 'start': 10545.025, 'duration': 4.344}, {'end': 10557.855, 'text': 'This generally refers to a co-located team, that is, a team that has been placed in the same location to enhance their performance.', 'start': 10550.089, 'duration': 7.766}, {'end': 10566.318, 'text': 'In the PMP exam, If there is no mention of the organization type, you can assume it to be a matrix organization.', 'start': 10558.616, 'duration': 7.702}, {'end': 10570.301, 'text': 'Let us look at each of these organization structures in detail.', 'start': 10567.279, 'duration': 3.022}, {'end': 10573.785, 'text': 'In the next screen, let us look at functional organization.', 'start': 10570.842, 'duration': 2.943}], 'summary': 'Pmp exam includes type matrix, representing co-located teams for enhanced performance.', 'duration': 28.76, 'max_score': 10545.025, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U10545025.jpg'}, {'end': 10626.964, 'src': 'embed', 'start': 10596.443, 'weight': 0, 'content': [{'end': 10601.167, 'text': 'All the resources in such an organization report directly into their functions.', 'start': 10596.443, 'duration': 4.724}, {'end': 10611.154, 'text': 'Therefore, a salesperson would report into the sales organizational hierarchy, a purchase executive would report into procurement, and so on.', 'start': 10601.887, 'duration': 9.267}, {'end': 10617.879, 'text': "You would notice that in a functional organization, the project manager's role is not explicitly called out.", 'start': 10611.894, 'duration': 5.985}, {'end': 10626.964, 'text': 'When a functional organization embarks on a project, each of the functions that are involved may volunteer some resources to work on the project.', 'start': 10618.68, 'duration': 8.284}], 'summary': "Resources in functional organization report to respective functions, project manager's role not explicitly defined.", 'duration': 30.521, 'max_score': 10596.443, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U10596443.jpg'}, {'end': 10771.035, 'src': 'embed', 'start': 10739.453, 'weight': 2, 'content': [{'end': 10745.677, 'text': 'There is less scope for functional specialization as the project boundaries limit the kind of work for the resources.', 'start': 10739.453, 'duration': 6.224}, {'end': 10750.56, 'text': 'Each project manager is in charge of a project and its resources.', 'start': 10746.638, 'duration': 3.922}, {'end': 10754.282, 'text': 'Next, let us look at the matrix organization.', 'start': 10751.68, 'duration': 2.602}, {'end': 10763.009, 'text': 'In a matrix organization, the resources report to the functional managers and are managed by the project managers as well.', 'start': 10755.464, 'duration': 7.545}, {'end': 10771.035, 'text': 'There might even be a function that represents all the project managers in the organization, which provides project management expertise.', 'start': 10763.77, 'duration': 7.265}], 'summary': 'Project limits impact functional specialization; matrix org involves dual reporting structure.', 'duration': 31.582, 'max_score': 10739.453, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U10739453.jpg'}, {'end': 10857.85, 'src': 'embed', 'start': 10834.629, 'weight': 4, 'content': [{'end': 10844.118, 'text': 'This is because every resource in the organization belongs into a project and into a function leading to a dual reporting structure.', 'start': 10834.629, 'duration': 9.489}, {'end': 10850.424, 'text': 'In a matrix organization, project management happens at project resource level.', 'start': 10845.099, 'duration': 5.325}, {'end': 10857.85, 'text': 'In the next screen, Let us summarize the advantages and disadvantages of different organizational structures.', 'start': 10851.245, 'duration': 6.605}], 'summary': 'Matrix organization uses dual reporting, project management at resource level.', 'duration': 23.221, 'max_score': 10834.629, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U10834629.jpg'}, {'end': 11123.59, 'src': 'embed', 'start': 11097.66, 'weight': 13, 'content': [{'end': 11106.743, 'text': 'there is a large upfront planning phase where all the details of scope, cost time are planned before beginning the subsequent phases.', 'start': 11097.66, 'duration': 9.083}, {'end': 11112.706, 'text': 'These phases then are executed in either sequential or overlapping modes.', 'start': 11107.644, 'duration': 5.062}, {'end': 11123.59, 'text': 'They are suitable for large projects where all the requirements are likely to be known in advance and where upfront planning effort is required to get the necessary approvals.', 'start': 11113.366, 'duration': 10.224}], 'summary': 'Large upfront planning phase for large projects with known requirements.', 'duration': 25.93, 'max_score': 11097.66, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U11097660.jpg'}, {'end': 11192.536, 'src': 'embed', 'start': 11171.471, 'weight': 6, 'content': [{'end': 11181.033, 'text': 'Adaptive or agile life cycles are variants of incremental and iterative life cycles where iteration is very short, typically two to four weeks.', 'start': 11171.471, 'duration': 9.562}, {'end': 11192.536, 'text': 'Agile methodologies are becoming very popular in the software development industry and in other industries where the requirements are highly changeable and frequent feedback is beneficial.', 'start': 11182.014, 'duration': 10.522}], 'summary': 'Agile methodologies are popular with 2-4 week iterations, beneficial for changeable requirements and frequent feedback.', 'duration': 21.065, 'max_score': 11171.471, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U11171471.jpg'}, {'end': 11666.928, 'src': 'embed', 'start': 11641.237, 'weight': 3, 'content': [{'end': 11651.681, 'text': "Plan communications management is the process of developing an appropriate approach and plan for project communications based on stakeholders' information,", 'start': 11641.237, 'duration': 10.444}, {'end': 11655.843, 'text': 'needs and requirements and available organizational assets.', 'start': 11651.681, 'duration': 4.162}, {'end': 11659.145, 'text': 'This belongs to the planning process group.', 'start': 11656.864, 'duration': 2.281}, {'end': 11664.127, 'text': 'Stakeholder register is an important input to this process.', 'start': 11659.865, 'duration': 4.262}, {'end': 11666.928, 'text': 'It is a list of all the stakeholders.', 'start': 11664.767, 'duration': 2.161}], 'summary': "Plan communications management process involves developing project communications plan based on stakeholders' needs and utilizing stakeholder register.", 'duration': 25.691, 'max_score': 11641.237, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U11641237.jpg'}, {'end': 11722.897, 'src': 'embed', 'start': 11692.93, 'weight': 1, 'content': [{'end': 11697.784, 'text': 'Many organizations have standard templates to prepare communication management plans.', 'start': 11692.93, 'duration': 4.854}, {'end': 11704.126, 'text': 'which are part of the organizational process assets and enterprise environmental factors.', 'start': 11698.223, 'duration': 5.903}, {'end': 11710.89, 'text': 'The first technique used in this process is the communication requirements analysis,', 'start': 11704.727, 'duration': 6.163}, {'end': 11716.913, 'text': 'where the communication requirements of each of the stakeholders are analyzed and categorized.', 'start': 11710.89, 'duration': 6.023}, {'end': 11722.897, 'text': 'In this, you try to find how many of the stakeholders need similar kind of information.', 'start': 11717.414, 'duration': 5.483}], 'summary': "Organizations use standard templates for communication management plans, analyzing stakeholders' communication requirements.", 'duration': 29.967, 'max_score': 11692.93, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U11692930.jpg'}, {'end': 11790.973, 'src': 'embed', 'start': 11761.024, 'weight': 14, 'content': [{'end': 11766.126, 'text': 'That is the communication models and the various communication methods used.', 'start': 11761.024, 'duration': 5.102}, {'end': 11773.348, 'text': 'You may need to conduct meetings before agreeing on and finalizing the communications management plan.', 'start': 11766.646, 'duration': 6.702}, {'end': 11778.11, 'text': 'The communications management plan is the primary output of this process.', 'start': 11773.828, 'duration': 4.282}, {'end': 11782.511, 'text': 'which lays down the procedures around communications in the organization.', 'start': 11778.63, 'duration': 3.881}, {'end': 11790.973, 'text': 'Communication Management Plan has information like which stakeholder needs what kind of information, at what frequency, and how.', 'start': 11783.011, 'duration': 7.962}], 'summary': 'Communication management plan details stakeholder information needs and procedures.', 'duration': 29.949, 'max_score': 11761.024, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U11761024.jpg'}, {'end': 12452.471, 'src': 'embed', 'start': 12421.084, 'weight': 11, 'content': [{'end': 12425.988, 'text': 'the reward and recognition system can keep the project team interested in the project.', 'start': 12421.084, 'duration': 4.904}, {'end': 12431.754, 'text': 'Organizational process asset is also an input to this process.', 'start': 12426.588, 'duration': 5.166}, {'end': 12439.622, 'text': 'An example of the organization process assets can be template or a form to request for a new resource.', 'start': 12432.454, 'duration': 7.168}, {'end': 12444.987, 'text': 'Let us now look at the tools and techniques used to develop human resource plan.', 'start': 12440.202, 'duration': 4.785}, {'end': 12452.471, 'text': 'The roles and responsibilities are captured in the form of organization charts and position descriptions.', 'start': 12445.948, 'duration': 6.523}], 'summary': 'Reward system keeps project team interested; org process assets include templates/forms.', 'duration': 31.387, 'max_score': 12421.084, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U12421084.jpg'}], 'start': 9602.37, 'title': 'Project management fundamentals', 'summary': 'Covers the definition of a project, its characteristics, and the differentiation from operational work, along with an overview of project management, program management, and portfolio management, emphasizing the importance of managing projects, programs, and portfolios to achieve strategic business objectives.', 'chapters': [{'end': 10023.782, 'start': 9602.37, 'title': 'Project management fundamentals', 'summary': 'Covers the definition of a project, its characteristics, and the differentiation from operational work, along with an overview of project management, program management, and portfolio management, emphasizing the importance of managing projects, programs, and portfolios to achieve strategic business objectives.', 'duration': 421.412, 'highlights': ['A project is a temporary endeavor undertaken to create a unique product, service or result, with a definite planned start and end date, and can extend for long durations based on requirements, such as creating a new indigenous missile defense system for a country.', 'Project management is the application of knowledge, skills, and tools and techniques to project activities to meet the project requirements, achieved by proper application and integration of the 47 processes.', 'Program management involves managing a group of related projects in a coordinated fashion to provide benefits and control not available by managing them individually, focusing on delivering strategic benefits value to the organization, with examples including tangible and intangible benefits.', 'Portfolio management is the centralized management of one or more portfolios, including identifying, prioritizing, authorizing, managing, and controlling projects, programs, and other related work to achieve strategic business objectives, with the decision of forming portfolios being decided by portfolio management.', 'Differentiating project work from regular operational work, understanding the relationship between portfolios, programs, and projects, and recognizing the importance of managing projects, programs, and portfolios to achieve strategic business objectives are key concepts covered in the chapter.']}, {'end': 10639.269, 'start': 10024.583, 'title': 'Project management basics', 'summary': 'Discusses project management basics including the roles of project management office (pmo), triple constraints, stakeholder management, and organization structures, emphasizing the importance of stakeholder involvement and the different types of organizational structures.', 'duration': 614.686, 'highlights': ['The Project Management Office (PMO) provides policies, methodologies, tools, templates, support, training, and project managers for ongoing projects, contributing to efficient project management within an organization.', 'The triple constraints of cost, time, and scope are crucial considerations for project managers, who must make trade-offs to maintain balance and also manage other aspects such as people, stakeholders, risks, communication, and procurements.', 'Effective stakeholder management involves identifying internal and external stakeholders, determining their requirements and expectations, and regular communication to ensure stakeholder involvement throughout the project.', 'Different organization structures including functional, projectized, and matrix organizations have varying levels of authority for project managers and team members, impacting resource allocation and reporting relationships.']}, {'end': 10999.82, 'start': 10640.051, 'title': 'Organizational structures', 'summary': 'Discusses functional, projectized, and matrix organizational structures, highlighting their advantages and disadvantages, illustrating their impact on resource management, communication, and project execution.', 'duration': 359.769, 'highlights': ['The projectized organization allows project managers to have complete control over resources, leading to increased loyalty and easier project execution.', 'The matrix organization enables optimal resource utilization and functional specialization, but also leads to significant communication overhead due to dual reporting structure.', 'Functional organizations provide specialization opportunities and defined career paths for resources, but may hamper project work and lack career paths in project management.', 'The project lifecycle spans the initiation to closure of a project, while the product lifecycle includes operational and maintenance phases, with a typical product lifecycle starting from conception until withdrawal from the market.']}, {'end': 11899.703, 'start': 11000.501, 'title': 'Project and product lifecycle', 'summary': 'Discusses the differences between project and product lifecycles, including the classification of project lifecycles, communication methods, communication technologies, and project communications management processes.', 'duration': 899.202, 'highlights': ['The project lifecycle spans the initiation of a project until the closure, while the product lifecycle encompasses the operational and maintenance phases.', 'Agile methodologies are becoming very popular in the software development industry and in other industries where the requirements are highly changeable and frequent feedback is beneficial.', 'A project manager spends almost 90% of his or her time on communication.', "Plan communications management is the process of developing an appropriate approach and plan for project communications based on stakeholders' information, needs, and requirements and available organizational assets."]}, {'end': 12517.845, 'start': 11900.944, 'title': 'Communication methods and project human resource management', 'summary': 'Covers communication methods, performance reporting, control communications process, and project human resource management, emphasizing the importance of effective communication and the processes involved, while also detailing the roles and responsibilities of functional and project managers.', 'duration': 616.901, 'highlights': ['The total number of unique channels of communication can be calculated using the formula N multiplied with N minus one, and the resulting sum divided by two. (Quantifiable data: provides a formula for calculating unique communication channels)', 'Project Manager is responsible for timely availability of information to all stakeholders. (Quantifiable data: specifies the responsibility of the Project Manager)', 'There are 47 processes in project management, grouped into 10 knowledge areas and mapped to five process groups. (Quantifiable data: provides the number of processes and their grouping)', 'Plan Human Resource Management involves identifying and documenting project roles, responsibilities, required skills, and reporting relationships. (Key point: details the process of Plan Human Resource Management)', 'The staffing management plan is a comprehensive document that describes when and how team members would be added to and released from the project. (Key point: highlights the content of the staffing management plan)']}], 'duration': 2915.475, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U9602370.jpg', 'highlights': ['Portfolio management involves centralized management of one or more portfolios to achieve strategic business objectives.', 'Program management focuses on delivering strategic benefits value to the organization.', 'Project management is the application of knowledge, skills, and tools to meet project requirements.', 'Differentiating project work from regular operational work is a key concept covered in the chapter.', 'The triple constraints of cost, time, and scope are crucial considerations for project managers.', 'Effective stakeholder management involves identifying internal and external stakeholders and ensuring their involvement.', 'The projectized organization allows project managers to have complete control over resources.', 'The matrix organization enables optimal resource utilization and functional specialization.', 'The project lifecycle spans the initiation to closure of a project.', 'Agile methodologies are becoming very popular in industries with changeable requirements.', 'A project manager spends almost 90% of his or her time on communication.', 'The total number of unique channels of communication can be calculated using a specific formula.', 'There are 47 processes in project management, grouped into 10 knowledge areas and mapped to five process groups.', 'Plan Human Resource Management involves identifying and documenting project roles, responsibilities, required skills, and reporting relationships.', 'The staffing management plan describes when and how team members would be added to and released from the project.', 'The Project Management Office (PMO) provides policies, methodologies, tools, templates, support, and training for ongoing projects.']}, {'end': 13943.409, 'segs': [{'end': 12619.448, 'src': 'embed', 'start': 12590.531, 'weight': 1, 'content': [{'end': 12599.68, 'text': 'For each important activity or deliverable on the project, it needs to be clearly identified who is responsible or contributes to it,', 'start': 12590.531, 'duration': 9.149}, {'end': 12606.521, 'text': 'who is ultimately accountable, who is merely concerned about the success and who needs to be informed or kept in the loop.', 'start': 12599.68, 'duration': 6.841}, {'end': 12610.263, 'text': 'An example of the RACI chart is shown on the screen.', 'start': 12607.002, 'duration': 3.261}, {'end': 12619.448, 'text': 'In this case, project manager John is accountable for the project plan and the other team members, Chris Sally and Ting,', 'start': 12610.723, 'duration': 8.725}], 'summary': 'Project tasks clearly assigned with raci chart, john accountable for project plan and team members.', 'duration': 28.917, 'max_score': 12590.531, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U12590531.jpg'}, {'end': 12659.312, 'src': 'embed', 'start': 12632.04, 'weight': 7, 'content': [{'end': 12638.001, 'text': 'Resource Histogram is a method of depicting how many resources are required for the life of a project.', 'start': 12632.04, 'duration': 5.961}, {'end': 12641.022, 'text': 'If you observe the chart shown on the screen,', 'start': 12638.481, 'duration': 2.541}, {'end': 12649.264, 'text': 'it indicates that the number of staff hours required on the project increases to a peak in 2014 and then slowly tapers off.', 'start': 12641.022, 'duration': 8.242}, {'end': 12655.725, 'text': 'Especially for long-running projects, the level of staffing needed may vary considerably over a period.', 'start': 12649.784, 'duration': 5.941}, {'end': 12659.312, 'text': 'This has implications for other parts of the plan as well.', 'start': 12656.351, 'duration': 2.961}], 'summary': 'Resource histogram shows staffing needs peaking in 2014 for a long-running project.', 'duration': 27.272, 'max_score': 12632.04, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U12632040.jpg'}, {'end': 12772.607, 'src': 'embed', 'start': 12747.463, 'weight': 2, 'content': [{'end': 12756.886, 'text': "you have to negotiate with the company's senior management resource manager or with prospective candidates to secure the most suitable resources on the project.", 'start': 12747.463, 'duration': 9.423}, {'end': 12760.848, 'text': 'Sometimes the resources may be pre-assigned to a project.', 'start': 12757.386, 'duration': 3.462}, {'end': 12766.57, 'text': 'This typically happens when they are the key resources, without which the project cannot take off.', 'start': 12761.468, 'duration': 5.102}, {'end': 12772.607, 'text': 'Sometimes the project team is acquired by getting required resources through external vendors.', 'start': 12767.122, 'duration': 5.485}], 'summary': 'Negotiate for suitable resources with senior management or candidates to secure project success.', 'duration': 25.144, 'max_score': 12747.463, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U12747463.jpg'}, {'end': 12983.202, 'src': 'embed', 'start': 12960.334, 'weight': 4, 'content': [{'end': 12968.91, 'text': 'Finally, The project manager should also set some ground rules in the project to ensure that team performs their work without any problems.', 'start': 12960.334, 'duration': 8.576}, {'end': 12975.295, 'text': 'Some such rules can be, everyone should reach office for daily meeting by 9.30 AM sharp.', 'start': 12969.491, 'duration': 5.804}, {'end': 12983.202, 'text': 'If there is more than a 10% delay in completing any activity assigned, it should immediately be escalated to project manager.', 'start': 12975.816, 'duration': 7.386}], 'summary': 'Project manager to set ground rules: 9.30 am daily meeting, 10% delay escalation', 'duration': 22.868, 'max_score': 12960.334, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U12960334.jpg'}, {'end': 13181.628, 'src': 'embed', 'start': 13151.851, 'weight': 0, 'content': [{'end': 13155.354, 'text': 'You can expect questions on conflict management in the exam.', 'start': 13151.851, 'duration': 3.503}, {'end': 13158.717, 'text': 'The other tool is interpersonal skills.', 'start': 13156.255, 'duration': 2.462}, {'end': 13167.646, 'text': 'The output of managing a project team includes corrective action recommendations like which team members to be changed,', 'start': 13159.298, 'duration': 8.348}, {'end': 13170.588, 'text': 'implementing some reward system to motivate the team, etc.', 'start': 13167.646, 'duration': 2.942}, {'end': 13177.636, 'text': 'Updating the project management plans, documents, organization process, asset and enterprise.', 'start': 13171.559, 'duration': 6.077}, {'end': 13181.628, 'text': 'environmental factors are the other outputs of this process.', 'start': 13177.636, 'duration': 3.992}], 'summary': 'Exam will cover conflict management, interpersonal skills, and project team management.', 'duration': 29.777, 'max_score': 13151.851, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U13151851.jpg'}, {'end': 13382.048, 'src': 'embed', 'start': 13358.351, 'weight': 3, 'content': [{'end': 13365.716, 'text': 'Again, this does not, on its own, result in a resolution, but it may succeed in changing the perceptions about the situation.', 'start': 13358.351, 'duration': 7.365}, {'end': 13372.52, 'text': 'In compromise or reconcile, there is some give and take in order to bring some satisfaction to all parties.', 'start': 13366.316, 'duration': 6.204}, {'end': 13378.905, 'text': 'Depending on how the process went, this may be perceived as a win-win or a lose-lose situation.', 'start': 13372.961, 'duration': 5.944}, {'end': 13382.048, 'text': 'because none of the parties really get what they want.', 'start': 13379.366, 'duration': 2.682}], 'summary': 'Compromise or reconciliation involves give and take, leading to win-win or lose-lose situations based on the satisfaction of all parties.', 'duration': 23.697, 'max_score': 13358.351, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U13358351.jpg'}, {'end': 13678.571, 'src': 'embed', 'start': 13651.573, 'weight': 6, 'content': [{'end': 13655.175, 'text': 'You are using a software for managing timesheet of your team members.', 'start': 13651.573, 'duration': 3.602}, {'end': 13659.117, 'text': 'Due to budget constraints, you are forced to use a new software.', 'start': 13655.535, 'duration': 3.582}, {'end': 13665.079, 'text': 'Though you were initially reluctant to use it, you found the new software to do better than the current one.', 'start': 13659.537, 'duration': 5.542}, {'end': 13668.541, 'text': 'It is more efficient and has better reporting facilities.', 'start': 13665.48, 'duration': 3.061}, {'end': 13672.129, 'text': 'An example of bad uncertainty can be swine flu.', 'start': 13668.908, 'duration': 3.221}, {'end': 13678.571, 'text': 'Government declares mandatory holiday to check flu spread, which may affect your project work.', 'start': 13672.669, 'duration': 5.902}], 'summary': 'New timesheet software proved more efficient and effective, despite initial reluctance.', 'duration': 26.998, 'max_score': 13651.573, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U13651573.jpg'}], 'start': 12518.746, 'title': 'Project management essentials', 'summary': "Covers staffing management and resource acquisition, acquiring and managing project teams, conflict management, project manager's authority, leadership styles, and risk management, emphasizing negotiation, conflict resolution, and quantitative risk measurement.", 'chapters': [{'end': 12747.463, 'start': 12518.746, 'title': 'Staffing management and resource acquisition', 'summary': 'Discusses the importance of the staffing management plan, organization charts, responsibility assignment matrix, resource histogram, and the process of acquiring project teams, emphasizing the use of enterprise environmental factors and negotiation.', 'duration': 228.717, 'highlights': ['The staffing management plan is relevant to the projects of a functional or matrix organization, where project team members are always caught in a dilemma about prioritizing project work against regular departmental work.', 'The use of a responsibility assignment matrix, such as the RACI chart, helps clearly delineate responsibilities among team members for each important activity or deliverable on the project, ensuring accountability and informed decision-making.', 'Resource Histogram depicts the variation in the number of staff hours required for the life of a project, enabling project managers to understand when to onboard and offboard resources, and the implications for cost and staffing needs over time.', 'Acquire project team involves confirming human resource availability and obtaining the team necessary to complete project activities, utilizing enterprise environmental factors and negotiation as key inputs and techniques for successful resource acquisition.']}, {'end': 13226.733, 'start': 12747.463, 'title': 'Acquiring and managing project team', 'summary': 'Discusses acquiring and managing project team, including acquiring human resources, developing project team, and managing team performance, emphasizing on the role of project manager in negotiating, developing competencies, managing conflicts, and evaluating team effectiveness.', 'duration': 479.27, 'highlights': ['Acquiring human resources involves negotiating with senior management or prospective candidates, considering factors like availability, cost, skill set, experience, and creating project staff assignments and resource calendars.', 'Developing project team entails improving competencies, team member interaction, and environment through interpersonal skills, training, co-location, recognition, rewards, and setting ground rules to enhance team performance.', 'Managing team performance focuses on measuring performance, providing feedback, resolving issues, and managing changes using techniques such as observation, conversation, and formal performance appraisals, while also addressing conflict management and team dynamics.']}, {'end': 13489.357, 'start': 13227.213, 'title': 'Conflict management in projects', 'summary': "Discusses the importance of conflict management in project teams, highlighting the causes of conflict, conflict resolution techniques, and project manager's powers, emphasizing the need for diverse perspectives, clear roles and responsibilities, and understanding of conflict resolution techniques.", 'duration': 262.144, 'highlights': ['The project manager should ensure that team members have clear roles and responsibilities to avoid conflict, as overlapping responsibilities can lead to conflict. (Quantifiable data: None)', 'In conflict resolution, collaborating or problem solving offers the greatest likelihood of a satisfactory and permanent resolution, and it should be resorted to whenever possible. (Quantifiable data: None)', 'Diverse backgrounds and cultures in a project team can naturally lead to conflict, which often presents opportunities for improvement. (Quantifiable data: None)', 'Various powers of a project manager include legitimate or formal, reward, penalty, expert, and referent, allowing the manager to assign work, recognize good performers, penalize poor performance, and command authority based on expertise. (Quantifiable data: None)', 'Business scenario-based questions on conflict management can be expected in the PMP exam, emphasizing the importance of understanding the topic. (Quantifiable data: None)']}, {'end': 13943.409, 'start': 13489.777, 'title': "Project manager's authority and risk management", 'summary': "Discusses the authority sources of a project manager, leadership styles, mckinsey's 7s framework, and risk management, emphasizing the importance of measuring and categorizing risks quantitatively.", 'duration': 453.632, 'highlights': ["The importance of project manager's authority is discussed, emphasizing the powers derived from their position and the need to use reward and expert authority effectively.", 'Three leadership styles are explained - authoritarian, participative, and delegative, with a preference for the participative style in most circumstances.', "McKinsey's 7S framework is introduced, emphasizing the importance of soft elements such as shared values, skills, style, and staff for effective leadership.", 'The concept of risk management is detailed, highlighting the need to measure risk quantitatively, categorize it into various types, and use decision trees to analyze and make decisions.', 'The process of calculating project cost and adding reserves to account for uncertainties is explained, including the identification of activities, work packages, control accounts, and the inclusion of contingency reserves.']}], 'duration': 1424.663, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U12518746.jpg', 'highlights': ['Resource Histogram depicts staff hours variation, aiding cost and staffing planning.', 'Acquire project team involves confirming human resource availability and negotiation.', 'Use RACI chart for clear responsibilities and informed decision-making.', 'Develop project team through training, co-location, and setting ground rules.', 'Managing team performance focuses on measurement, feedback, and conflict resolution.', "Project manager's authority includes legitimate, reward, penalty, expert, and referent powers.", 'Leadership styles: authoritarian, participative, and delegative, with preference for participative.', 'Risk management emphasizes quantitative measurement, categorization, and decision trees.', "McKinsey's 7S framework highlights soft elements for effective leadership.", 'Conflict resolution through collaboration offers the greatest likelihood of resolution.']}, {'end': 16228.811, 'segs': [{'end': 15030.793, 'src': 'embed', 'start': 14935.809, 'weight': 3, 'content': [{'end': 14941.194, 'text': 'For example, perform earned value analysis, track performance, etc.', 'start': 14935.809, 'duration': 5.385}, {'end': 14945.378, 'text': 'In this lesson, we will focus on project integration management.', 'start': 14941.694, 'duration': 3.684}, {'end': 14954.265, 'text': 'There are 47 processes in project management grouped into 10 knowledge areas and mapped to five process groups.', 'start': 14946.383, 'duration': 7.882}, {'end': 14962.647, 'text': 'In this lesson, we will look at the first knowledge area, that is, project integration management and its processes.', 'start': 14955.165, 'duration': 7.482}, {'end': 14968.549, 'text': 'In the next screen, let us understand the concept of project integration management.', 'start': 14963.608, 'duration': 4.941}, {'end': 14974.791, 'text': 'Project integration management involves unification, consolidation,', 'start': 14969.849, 'duration': 4.942}, {'end': 14980.594, 'text': 'articulation and integrative actions that are crucial for successfully completing the project.', 'start': 14974.791, 'duration': 5.803}, {'end': 14986.137, 'text': 'The project integration management is high-level work that project manager does,', 'start': 14981.475, 'duration': 4.662}, {'end': 14990.359, 'text': 'and it involves managing interdependencies among the other knowledge areas.', 'start': 14986.137, 'duration': 4.222}, {'end': 14995.022, 'text': 'The other nine knowledge areas involve detailed work in a specific direction.', 'start': 14990.88, 'duration': 4.142}, {'end': 15000.765, 'text': 'For example, project cost management deals only with how to manage cost in a project.', 'start': 14995.482, 'duration': 5.283}, {'end': 15005.187, 'text': 'The project management processes do not happen independently.', 'start': 15001.685, 'duration': 3.502}, {'end': 15012.625, 'text': 'For example, a new resource added to the project may require changes in cost or schedule or both.', 'start': 15005.782, 'duration': 6.843}, {'end': 15019.588, 'text': 'In dealing with such situations, the project manager integrates the processes of project management.', 'start': 15013.445, 'duration': 6.143}, {'end': 15025.11, 'text': 'The need for integration drives much of the communication and the work of the project manager.', 'start': 15020.128, 'duration': 4.982}, {'end': 15030.793, 'text': 'Let us discuss the key role of project manager, sponsor, and team in the next screen.', 'start': 15025.951, 'duration': 4.842}], 'summary': 'Project integration management involves 47 processes grouped into 10 knowledge areas and mapped to five process groups, focusing on unification, consolidation, articulation, and integrative actions to successfully complete a project.', 'duration': 94.984, 'max_score': 14935.809, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U14935809.jpg'}, {'end': 15113.897, 'src': 'embed', 'start': 15080.287, 'weight': 2, 'content': [{'end': 15085.909, 'text': 'The project sponsor is the champion for the project within the performing organization, that is,', 'start': 15080.287, 'duration': 5.622}, {'end': 15088.91, 'text': 'the organization in which the work is being performed.', 'start': 15085.909, 'duration': 3.001}, {'end': 15093.491, 'text': 'In the next screen, we will cover the project selection methods.', 'start': 15089.89, 'duration': 3.601}, {'end': 15103.414, 'text': 'An organization can undertake a project under contract with an external organization or take up a project driven by internal business needs.', 'start': 15094.771, 'duration': 8.643}, {'end': 15113.897, 'text': 'There should be a formal process of selecting project in all organizations to ensure that it is making the best possible use of limited corporate resources.', 'start': 15104.454, 'duration': 9.443}], 'summary': 'Project sponsor champions project within organization, covers project selection methods and emphasizes need for formal process.', 'duration': 33.61, 'max_score': 15080.287, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U15080287.jpg'}, {'end': 15818.667, 'src': 'embed', 'start': 15792.734, 'weight': 0, 'content': [{'end': 15798.519, 'text': 'Study the table to identify processes under project management and the knowledge area they belong to.', 'start': 15792.734, 'duration': 5.785}, {'end': 15803.623, 'text': 'All the 47 processes are described in detail in this tutorial.', 'start': 15799.3, 'duration': 4.323}, {'end': 15807.587, 'text': 'Each knowledge area is covered in detail as a lesson.', 'start': 15804.464, 'duration': 3.123}, {'end': 15814.112, 'text': 'It also covers how the processes map to process groups to help you understand the big picture.', 'start': 15808.387, 'duration': 5.725}, {'end': 15818.667, 'text': 'The inputs and outputs of each of these processes.', 'start': 15815.666, 'duration': 3.001}], 'summary': 'Study 47 project management processes and their knowledge areas, process groups, and inputs/outputs.', 'duration': 25.933, 'max_score': 15792.734, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U15792734.jpg'}, {'end': 15917.806, 'src': 'embed', 'start': 15888.457, 'weight': 1, 'content': [{'end': 15892.78, 'text': 'Estimate to complete is the expected cost to finish all the remaining project work.', 'start': 15888.457, 'duration': 4.323}, {'end': 15899.494, 'text': 'Variance at completion is the projected budget surplus or deficit at the end of the project.', 'start': 15893.72, 'duration': 5.774}, {'end': 15903.636, 'text': 'All the parameters displayed on the screen are measured in terms of cost.', 'start': 15900.154, 'duration': 3.482}, {'end': 15910.621, 'text': 'You may come across business scenario-based questions on earned value management in the PMP exam,', 'start': 15904.237, 'duration': 6.384}, {'end': 15913.763, 'text': 'so ensure that you develop a clear understanding of this topic.', 'start': 15910.621, 'duration': 3.142}, {'end': 15917.806, 'text': 'Let us look at an example of a planned value in the next screen.', 'start': 15914.483, 'duration': 3.323}], 'summary': 'Earned value management in pmp exam includes estimate to complete and variance at completion measured in cost.', 'duration': 29.349, 'max_score': 15888.457, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U15888457.jpg'}, {'end': 16013.321, 'src': 'embed', 'start': 15988.665, 'weight': 4, 'content': [{'end': 15997.329, 'text': 'Similarly, if SPI is 0.9, it implies that project is progressing at only 90% of the speed originally planned.', 'start': 15988.665, 'duration': 8.664}, {'end': 16002.731, 'text': 'The next parameter is Estimate at Completion or EAC.', 'start': 15998.206, 'duration': 4.525}, {'end': 16006.755, 'text': 'There are different ways of calculating the EAC value.', 'start': 16003.551, 'duration': 3.204}, {'end': 16013.321, 'text': 'The method used depends on how the cost and schedule variances are expected to play for the rest of the project.', 'start': 16007.295, 'duration': 6.026}], 'summary': 'Spi of 0.9 indicates project at 90% of planned speed. eac calculated based on cost and schedule variances.', 'duration': 24.656, 'max_score': 15988.665, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U15988665.jpg'}, {'end': 16173.121, 'src': 'embed', 'start': 16144.908, 'weight': 6, 'content': [{'end': 16151.991, 'text': 'There are four phases and each phase takes a month to complete and is expected to cost $10, 000.', 'start': 16144.908, 'duration': 7.083}, {'end': 16154.434, 'text': 'The phases are planned to be completed one after the other.', 'start': 16151.992, 'duration': 2.442}, {'end': 16158.676, 'text': 'The status of the project at the end of the month three is summarized in the table.', 'start': 16155.034, 'duration': 3.642}, {'end': 16165.476, 'text': 'Requirements definition is completed and actual spending on this is $10, 000.', 'start': 16160.293, 'duration': 5.183}, {'end': 16173.121, 'text': 'Architecture and design is done and actual spending on this is $12, 000.', 'start': 16165.476, 'duration': 7.645}], 'summary': 'Four phases, each taking a month and costing $10,000. status: requirements completed at $10,000, architecture done at $12,000.', 'duration': 28.213, 'max_score': 16144.908, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U16144908.jpg'}], 'start': 13944.009, 'title': 'Project management essentials', 'summary': 'Covers project stakeholder management, stakeholder management strategy, network diagram, project scope management, project integration management, and earned value management, emphasizing the importance of engaging stakeholders, managing scope, integrating project processes, and using earned value metrics for project success.', 'chapters': [{'end': 14268.497, 'start': 13944.009, 'title': 'Project stakeholder management', 'summary': 'Covers project stakeholder management, including the cost baseline, management reserves, and the key stakeholders, emphasizing the importance of engaging and managing them to ensure project success.', 'duration': 324.488, 'highlights': ['The cost baseline, used for budgeting and tracking purposes, is determined by adding the planned cost and management reserve for emergencies.', 'Project risk management aims to increase the probability and/or impact of positive events and decrease the probability and/or impact of negative events, with six risk management processes involved.', 'Project stakeholder management involves engaging with various stakeholders, such as project managers, project team members, senior management, sponsors, customers, end users, vendors/suppliers, and individuals impacted by the project output, with the potential for hundreds of stakeholders in large projects.', 'Classification models for stakeholder analysis, such as power interest grids, are used to calibrate stakeholder management based on their influence, power, and impact on the project.']}, {'end': 14556.481, 'start': 14268.938, 'title': 'Stakeholder management strategy', 'summary': 'Outlines the salience model for stakeholder management, stakeholder engagement assessment matrix, and essential skills for stakeholder management, emphasizing the need to manage stakeholders based on their power and interest levels, and the importance of interpersonal and managerial skills in building constructive relationships and achieving project objectives.', 'duration': 287.543, 'highlights': ['The stakeholders can be divided into four quadrants based on power and interest levels, with the top right quadrant requiring close management, the bottom right quadrant needing to be kept informed, the top left quadrant requiring to be kept happy, and the bottom left quadrant requiring less active management.', 'The salience model describes classes of stakeholders based on their power, urgency, and legitimacy, providing a framework for stakeholder management strategy.', "The stakeholder engagement assessment matrix visualizes stakeholders' current and desired states of involvement, categorizing them as unaware, resistant, neutral, supportive, and leading, and serving as a tool for stakeholder management activities.", 'Stakeholder management requires interpersonal skills such as building trust, conflict management, active listening, and converting resistance to change into positive energy, as well as managerial skills including consensus-building, influencing, negotiation, and understanding organizational behavior.', 'Project managers need to practice creating power grids for business scenarios to understand the level of engagement required with stakeholders, and the skills required for stakeholder management encompass interpersonal skills and managerial skills.']}, {'end': 14910.713, 'start': 14557.845, 'title': 'Network diagram & project scope management', 'summary': 'Discusses network diagram types, project scope management processes, including scope creep, gold plating, and the differences between product scope and project scope, emphasizing the importance of project scope boundaries and wbs in project management.', 'duration': 352.868, 'highlights': ['Project scope management includes processes to ensure project completion within scope, with less than 40% of projects globally considered successful.', 'Network diagrams are used to plot activity dependencies in project time management, with two types: precedence diagramming model and arrow diagramming model.', 'Scope creep, gold plating, and the importance of project scope boundaries are key activities in project scope management, with less than 40% of projects globally considered successful.', "Product scope refers to the features and functions characterizing a product, service, or result, while project scope refers to the work needed to deliver the project's output, emphasizing the importance of managing both scopes.", 'Work breakdown structure (WBS) involves breaking project deliverables into manageable components and creating a WBS dictionary to detail work package descriptions and resource assignments.']}, {'end': 15818.667, 'start': 14910.713, 'title': 'Project integration management', 'summary': "Covers project integration management, including its crucial role in managing interdependencies among knowledge areas and the project manager's responsibilities. it also discusses project selection methods, project management processes, and the interaction between process groups.", 'duration': 907.954, 'highlights': ['The project integration management involves unification, consolidation, articulation and integrative actions that are crucial for successfully completing the project, with the project manager playing a key role in managing interdependencies among knowledge areas.', 'There are 47 processes in project management grouped into 10 knowledge areas and mapped to five process groups, with the project integration management processes being mapped back to all five process groups.', 'Two broad ways to select a project are the benefit measurement method, which focuses on ascertaining the costs and benefits of undertaking the project, and the constrained optimization methods, relying on mathematical modeling techniques to determine the best selection of projects to achieve certain business objectives.', 'The project management processes are divided into five process groups: initiating, planning, executing, monitoring and controlling, and closing, with overlapping activities that occur throughout the project lifecycle.', 'The table shows how each of the 47 project management processes, 10 knowledge areas, and five process groups are interrelated, aiding in understanding the big picture of project management.']}, {'end': 16228.811, 'start': 15818.667, 'title': 'Earned value management', 'summary': 'Discusses the concept of earned value management, including its key parameters such as planned value, earned value, actual cost, cost variance, schedule variance, cost performance index, schedule performance index, estimate at completion, estimate to complete, variance at completion, and to complete performance index, and provides an example of applying these parameters in a software development project.', 'duration': 410.144, 'highlights': ['Earned value technique is a method of measuring project performance objectively and comparing it against the project baseline, with results indicating deviation from cost and schedule baselines.', 'Key parameters of earned value technique include planned value, earned value, actual cost, budget at completion, estimate at completion, estimate to complete, variance at completion, cost performance index, schedule performance index, and to complete performance index, each providing quantifiable data for project evaluation.', 'The chapter also emphasizes the importance of understanding the formulas of earned value technique for the PMP exam and provides a business scenario example of a software development project to illustrate the application of earned value management parameters such as cost variance, schedule variance, cost performance index, and schedule performance index.', 'The solution for the software development project example involves calculating the cost variance, schedule variance, cost performance index, and schedule performance index based on the status of project phases at the end of the third month, providing quantifiable data for project evaluation.']}], 'duration': 2284.802, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U13944009.jpg', 'highlights': ['Project stakeholder management involves engaging with various stakeholders, such as project managers, project team members, senior management, sponsors, customers, end users, vendors/suppliers, and individuals impacted by the project output, with the potential for hundreds of stakeholders in large projects.', 'The stakeholders can be divided into four quadrants based on power and interest levels, with the top right quadrant requiring close management, the bottom right quadrant needing to be kept informed, the top left quadrant requiring to be kept happy, and the bottom left quadrant requiring less active management.', 'The cost baseline, used for budgeting and tracking purposes, is determined by adding the planned cost and management reserve for emergencies.', 'Project risk management aims to increase the probability and/or impact of positive events and decrease the probability and/or impact of negative events, with six risk management processes involved.', 'The project integration management involves unification, consolidation, articulation and integrative actions that are crucial for successfully completing the project, with the project manager playing a key role in managing interdependencies among knowledge areas.', 'Earned value technique is a method of measuring project performance objectively and comparing it against the project baseline, with results indicating deviation from cost and schedule baselines.', 'Project scope management includes processes to ensure project completion within scope, with less than 40% of projects globally considered successful.', 'The salience model describes classes of stakeholders based on their power, urgency, and legitimacy, providing a framework for stakeholder management strategy.', 'The project management processes are divided into five process groups: initiating, planning, executing, monitoring and controlling, and closing, with overlapping activities that occur throughout the project lifecycle.', 'The table shows how each of the 47 project management processes, 10 knowledge areas, and five process groups are interrelated, aiding in understanding the big picture of project management.']}, {'end': 17637.863, 'segs': [{'end': 16300.276, 'src': 'embed', 'start': 16250.358, 'weight': 0, 'content': [{'end': 16255.063, 'text': 'There are two forms of depreciation, straight line and accelerated.', 'start': 16250.358, 'duration': 4.705}, {'end': 16258.327, 'text': 'Same amount of depreciation is taken every year.', 'start': 16256.084, 'duration': 2.243}, {'end': 16266.841, 'text': 'For instance, a car with a price tag of $10, 000 and useful life of 10 years is depreciated $1, 000 per year.', 'start': 16258.817, 'duration': 8.024}, {'end': 16272.403, 'text': 'At the end of the 10th year, the value of the car is considered zero for all accounting purposes.', 'start': 16267.561, 'duration': 4.842}, {'end': 16277.906, 'text': 'Accelerated depreciation depreciates faster than the straight-line depreciation.', 'start': 16272.984, 'duration': 4.922}, {'end': 16290.008, 'text': 'For instance, a car with a price tag of $10, 000 depreciates $3, 000 the first year, $1, 500 the next year, 1000 the third year, and so on.', 'start': 16278.406, 'duration': 11.602}, {'end': 16300.276, 'text': 'Critical path is defined as the longest duration path through a network diagram, which determines the shortest time to complete the project.', 'start': 16291.829, 'duration': 8.447}], 'summary': 'Depreciation methods: straight line vs accelerated. critical path in project management.', 'duration': 49.918, 'max_score': 16250.358, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U16250358.jpg'}, {'end': 16990.087, 'src': 'embed', 'start': 16962.585, 'weight': 8, 'content': [{'end': 16968.012, 'text': 'The business version includes advanced integration, priority support and it costs $24.99 per 100 users per month.', 'start': 16962.585, 'duration': 5.427}, {'end': 16977.739, 'text': 'The companies which uses Asana are Deloitte, Vodafone, Red Bull, Uber, Salesforce, NASA etc.', 'start': 16970.615, 'duration': 7.124}, {'end': 16979.521, 'text': 'Let us look at Teamwork tool.', 'start': 16977.9, 'duration': 1.621}, {'end': 16982.702, 'text': 'Teamwork was released during year 2007.', 'start': 16979.781, 'duration': 2.921}, {'end': 16990.087, 'text': 'It is a cloud based project management solution that helps in managing group activities and establishing flexible communication.', 'start': 16982.702, 'duration': 7.385}], 'summary': "Asana's business version costs $24.99 per 100 users per month, used by companies like deloitte, vodafone, red bull, uber, salesforce, nasa. teamwork is a cloud-based project management tool released in 2007.", 'duration': 27.502, 'max_score': 16962.585, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U16962585.jpg'}, {'end': 17055.861, 'src': 'embed', 'start': 17027.566, 'weight': 1, 'content': [{'end': 17039.291, 'text': 'The organizations who use Teamworks are Forbes, eBay, Microsoft Studios, HP, PayPal, Disney, Honda, Now let us look at the tool MeisterTask.', 'start': 17027.566, 'duration': 11.725}, {'end': 17049.377, 'text': 'So this tool was released during year 2015 and it is known for providing automated and streamlined workflows to make the overall processes more productive.', 'start': 17039.691, 'duration': 9.686}, {'end': 17055.861, 'text': 'The website to access this is www.meistertask.com used by our 2 million users.', 'start': 17049.617, 'duration': 6.244}], 'summary': 'Teamworks is used by forbes, ebay, microsoft studios, hp, paypal, disney, honda. meistertask released in 2015, with 2 million users accessing www.meistertask.com.', 'duration': 28.295, 'max_score': 17027.566, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U17027566.jpg'}, {'end': 17313.65, 'src': 'embed', 'start': 17287.378, 'weight': 7, 'content': [{'end': 17295.223, 'text': 'The organization which uses Microsoft projects are Comptel, Airbus, Intel, Volvo, Xerox, etc.', 'start': 17287.378, 'duration': 7.845}, {'end': 17298.805, 'text': 'Hey guys, welcome to this Trello tutorial by Simply Learn.', 'start': 17295.703, 'duration': 3.102}, {'end': 17303.506, 'text': "So without further ado, let's get started with what exactly is Trello.", 'start': 17299.324, 'duration': 4.182}, {'end': 17313.65, 'text': 'So Trello is a simple and easy to use collaboration tool that can enable you to organize projects and everything related to it into boards.', 'start': 17304.786, 'duration': 8.864}], 'summary': 'Trello is a collaboration tool used by organizations like comptel, airbus, intel, volvo, and xerox.', 'duration': 26.272, 'max_score': 17287.378, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U17287378.jpg'}, {'end': 17467.519, 'src': 'embed', 'start': 17386.512, 'weight': 3, 'content': [{'end': 17392.957, 'text': 'Next, adding new members, creating issues and assigning them are very easy with the help of Trello.', 'start': 17386.512, 'duration': 6.445}, {'end': 17399.682, 'text': "Now that we had a look at all the advantages that are provided by Trello, let's have a look at a live demo.", 'start': 17394.238, 'duration': 5.444}, {'end': 17403.825, 'text': "So first off, let's go to Trello.com.", 'start': 17402.124, 'duration': 1.701}, {'end': 17411.993, 'text': 'So here you can see two options to log in or sign up.', 'start': 17408.991, 'duration': 3.002}, {'end': 17415.655, 'text': "So first of all, if you've never used the website before, go to sign up.", 'start': 17412.373, 'duration': 3.282}, {'end': 17425.54, 'text': 'So here you can enter your email or you can go through Google or Hotmail or Outlook.', 'start': 17420.878, 'duration': 4.662}, {'end': 17426.601, 'text': "So it's very simple.", 'start': 17425.64, 'duration': 0.961}, {'end': 17428.902, 'text': "I already have an account, so I'll just log in.", 'start': 17427.061, 'duration': 1.841}, {'end': 17433.825, 'text': "So I'm just going to log in.", 'start': 17432.924, 'duration': 0.901}, {'end': 17460.374, 'text': "So if you're using Trello for the first time, this is what it would look like.", 'start': 17456.812, 'duration': 3.562}, {'end': 17465.777, 'text': 'So here you have personal boards, templates, home and so on.', 'start': 17462.095, 'duration': 3.682}, {'end': 17467.519, 'text': "So let's go one by one.", 'start': 17465.898, 'duration': 1.621}], 'summary': 'Trello simplifies adding new members, creating issues, and assigning tasks; demonstrated through a live demo.', 'duration': 81.007, 'max_score': 17386.512, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U17386512.jpg'}, {'end': 17529.326, 'src': 'embed', 'start': 17499.435, 'weight': 5, 'content': [{'end': 17502.856, 'text': 'so here say i have four members.', 'start': 17499.435, 'duration': 3.421}, {'end': 17506.677, 'text': 'so have bob.', 'start': 17502.856, 'duration': 3.821}, {'end': 17507.897, 'text': "i'm adding them here.", 'start': 17506.677, 'duration': 1.22}, {'end': 17512.098, 'text': 'so depending on what your team is like, you can add those team members.', 'start': 17507.897, 'duration': 4.201}, {'end': 17516.664, 'text': "So this is important so that you can connect with them while you're on the board.", 'start': 17512.523, 'duration': 4.141}, {'end': 17518.344, 'text': 'So this is company.com.', 'start': 17516.884, 'duration': 1.46}, {'end': 17519.564, 'text': "So we'll just add them.", 'start': 17518.384, 'duration': 1.18}, {'end': 17525.966, 'text': "So the team members that you're going to invite will get an invite email very soon.", 'start': 17521.825, 'duration': 4.141}, {'end': 17529.326, 'text': "As soon as you're done by clicking the invite to team button.", 'start': 17526.386, 'duration': 2.94}], 'summary': "The company has four team members. invites will be sent upon clicking 'invite to team'.", 'duration': 29.891, 'max_score': 17499.435, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U17499435.jpg'}], 'start': 16229.252, 'title': 'Project management tools overview', 'summary': 'Covers project management fundamentals, key features of project management tools, and provides overviews of popular tools like monday.com, jira software, and trello, including their features, pricing, and notable users. it also discusses microsoft project plans, costing around $30 per user per month, and the advantages of trello, including its free signup, kanban system, and creation of team boards.', 'chapters': [{'end': 16534.984, 'start': 16229.252, 'title': 'Project management fundamentals', 'summary': 'Explains the importance of funding limit reconciliation, different forms of depreciation, critical path analysis, and float calculation in project management, emphasizing the concept-based questions on the critical path and the essential features of project management tools.', 'duration': 305.732, 'highlights': ['The critical path represents the project duration and delaying activities on the critical path is as good as delaying the project duration.', 'The chapter emphasizes the concept-based questions on the critical path and the essential features of project management tools.', 'Float can be considered as a buffer time available to complete an activity, with three kinds of float: total float, free float, and independent float.', 'Accelerated depreciation depreciates faster than straight-line depreciation, with a clear example provided.', 'Funding limit reconciliation involves comparing the planned expenditure with the available funding for a given period.']}, {'end': 16912.386, 'start': 16535.344, 'title': 'Key features of project management tools', 'summary': 'Discusses the essential features of project management tools, including simplicity, customization, api integration, collaboration, risk analysis, and real-time reporting, and provides detailed highlights on monday.com, ric, jira software, and trello, including their features, pricing, and notable users.', 'duration': 377.042, 'highlights': ['Monday.com offers features like easy collaboration, high customization, and excellent analytics, with pricing starting from $1.25 per month for the basic version, used by over 90,000 teams including Carlsberg, Discovery Channel, and Adidas.', 'RIC provides collaborative editing, flexible workflow, real-time reporting, and efficient work management, with pricing starting from free for 0-5 users, used by over 18,000 organizations including Airbnb, Laurel, and TeamViewer.', 'Jira Software, known for its bug tracking system, offers features like agile reporting, rich toolkit for developers, and mobile applications, with pricing starting from $0 for 2 GB storage and community support, used by over 65,000 customers including Hitachi, Visa, and Dropbox.', 'Trello, used by over 50 million people, offers features such as flexible task organization, easy file uploads from Dropbox or Google Drive, and high security standards, with pricing starting from free for 10 MV per attachment, and business class at $9.99 per user per month annually.']}, {'end': 17237.287, 'start': 16912.726, 'title': 'Top project management tools overview', 'summary': 'Provides an overview of popular project management tools including trello, asana, teamwork, meistertask, basecamp, oracle primavera, and microsoft project, highlighting their key features, pricing, and notable users.', 'duration': 324.561, 'highlights': ['The companies using Trello, Asana, Teamwork, MeisterTask, Basecamp, Oracle Primavera, and Microsoft Project are listed, providing an insight into their widespread adoption across various industries.', 'The pricing structures, key features, and notable users of Asana, Teamwork, MeisterTask, Basecamp, Oracle Primavera, and Microsoft Project are detailed, showcasing their capabilities and user base.']}, {'end': 17637.863, 'start': 17237.667, 'title': 'Microsoft project and trello overview', 'summary': 'Discusses the pricing and features of microsoft project plans, with project plan 3 costing around $30 per user per month, and the advantages and live demo of trello, including its free signup, kanban system, and creation of team boards.', 'duration': 400.196, 'highlights': ['Microsoft Project offers different plans with Project Plan 3 costing around $30 per user per month with annual commitment, followed by Project Plan 5 costing around $55 per user per month.', 'Trello provides a free signup with access to most features, follows the Kanban system to achieve lean, and allows the creation of team boards for collaboration.', 'Project Professional version 2019 costs around $1030 per PC per user, syncing with Project Online and Project Server, and is used by organizations such as Comptel, Airbus, Intel, Volvo, and Xerox.', 'The advantages of Trello include its immediate usability after signing up, a user-friendly mobile application, and the ability to see all project-related items on one page.', 'Creating team boards in Trello involves adding team members, writing a brief description, and making the board visible to the entire team or selected members.']}], 'duration': 1408.611, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U16229252.jpg', 'highlights': ['Monday.com offers easy collaboration, high customization, and excellent analytics, with pricing starting from $1.25 per month for the basic version, used by over 90,000 teams including Carlsberg, Discovery Channel, and Adidas.', 'Jira Software offers features like agile reporting, rich toolkit for developers, and mobile applications, with pricing starting from $0 for 2 GB storage and community support, used by over 65,000 customers including Hitachi, Visa, and Dropbox.', 'Trello, used by over 50 million people, offers features such as flexible task organization, easy file uploads from Dropbox or Google Drive, and high security standards, with pricing starting from free for 10 MV per attachment, and business class at $9.99 per user per month annually.', 'Microsoft Project offers different plans with Project Plan 3 costing around $30 per user per month with annual commitment, followed by Project Plan 5 costing around $55 per user per month.', 'The advantages of Trello include its immediate usability after signing up, a user-friendly mobile application, and the ability to see all project-related items on one page.', 'Float can be considered as a buffer time available to complete an activity, with three kinds of float: total float, free float, and independent float.', 'The critical path represents the project duration and delaying activities on the critical path is as good as delaying the project duration.', 'The chapter emphasizes the concept-based questions on the critical path and the essential features of project management tools.', 'Funding limit reconciliation involves comparing the planned expenditure with the available funding for a given period.']}, {'end': 19105.534, 'segs': [{'end': 17864.013, 'src': 'embed', 'start': 17832.119, 'weight': 0, 'content': [{'end': 17834.52, 'text': 'I can add Bob here.', 'start': 17832.119, 'duration': 2.401}, {'end': 17836.602, 'text': 'I want Bob in on this.', 'start': 17835.061, 'duration': 1.541}, {'end': 17839.183, 'text': 'I want Bob to see the activities as it happens.', 'start': 17836.722, 'duration': 2.461}, {'end': 17843.286, 'text': 'I want Bill to also see as things proceed.', 'start': 17839.984, 'duration': 3.302}, {'end': 17847.969, 'text': 'Right So the Bob and Bill are in on this right now.', 'start': 17843.306, 'duration': 4.663}, {'end': 17851.208, 'text': 'Next you have labels.', 'start': 17850.188, 'duration': 1.02}, {'end': 17861.012, 'text': "So depending on what you want to use this for, for example, I want to use this to represent that it's important or immediate.", 'start': 17851.629, 'duration': 9.383}, {'end': 17864.013, 'text': 'Put it as red, save.', 'start': 17862.212, 'duration': 1.801}], 'summary': 'Bob and bill are involved in the activities, with the option to label items as important or immediate.', 'duration': 31.894, 'max_score': 17832.119, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U17832119.jpg'}, {'end': 18655.241, 'src': 'embed', 'start': 18629.978, 'weight': 1, 'content': [{'end': 18635.68, 'text': 'Kanban board not only helps in visualizing the work, but also optimizing the workflow among the team.', 'start': 18629.978, 'duration': 5.702}, {'end': 18639.924, 'text': 'The next framework we will discuss today is the Scrum framework.', 'start': 18636.3, 'duration': 3.624}, {'end': 18647.512, 'text': 'Scrum framework is a popular framework for managing complex knowledge work like in the field of research and advanced technologies.', 'start': 18640.204, 'duration': 7.308}, {'end': 18655.241, 'text': 'Scrum is a simple framework that helps team work together and learn through their experiences gained while working on a problem.', 'start': 18647.913, 'duration': 7.328}], 'summary': 'Kanban optimizes workflow, scrum manages complex knowledge work.', 'duration': 25.263, 'max_score': 18629.978, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U18629978.jpg'}, {'end': 18846.616, 'src': 'embed', 'start': 18820.552, 'weight': 2, 'content': [{'end': 18830.001, 'text': 'Reason being, before going for PMP certification, it asks for specific prerequisites, which involves experience in project management,', 'start': 18820.552, 'duration': 9.449}, {'end': 18835.113, 'text': 'as well as formal education of project management and demonstrated skills.', 'start': 18830.001, 'duration': 5.112}, {'end': 18840.134, 'text': 'So that being a prerequisite for project management professional certifications,', 'start': 18835.733, 'duration': 4.401}, {'end': 18846.616, 'text': 'it is very essential that one need to understand what it takes to become eligible for PMP examination.', 'start': 18840.134, 'duration': 6.482}], 'summary': 'Pmp certification requires project management experience, formal education, and demonstrated skills.', 'duration': 26.064, 'max_score': 18820.552, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U18820552.jpg'}], 'start': 17637.863, 'title': 'Trello and agile project management', 'summary': 'Covers trello board features, including power-ups, lists, and cards, and agile project management, emphasizing its benefits such as high product quality, customer satisfaction, and faster delivery. it also introduces popular agile project management frameworks and highlights the prominence of agile methodology in organizations.', 'chapters': [{'end': 17831.999, 'start': 17637.863, 'title': 'Trello board features and functions', 'summary': 'Explains the various features of a trello board including power-ups, lists, and cards, along with the functionalities such as search cards, stickers, and butler suggestions, and mentions the availability of one free power-up for the free user account and 40 members.', 'duration': 194.136, 'highlights': ['The chapter explains the various features of a Trello board including power-ups, lists, and cards, along with the functionalities such as search cards, stickers, and Butler suggestions, and mentions the availability of one free power-up for the free user account and 40 members.', 'Power-ups are additional features that can be added to the board, providing functionalities like analytics, automation, utilities, and tools, with free users having access to one power-up.', 'The different lists represent processes within the board, allowing users to add custom lists based on their requirements, and the cards within these lists serve as subtopics that can be moved through different stages as progress is made.', "The Butler feature provides suggestions based on the user's usage of Trello, offering recommendations for adding elements to the board, while the free user account allows access to one power-up."]}, {'end': 18301.817, 'start': 17832.119, 'title': 'Trello features and agile project management', 'summary': 'Discusses the features of trello, including labels, checklists, due dates, attachments, and activity details, and then provides an introduction to agile project management, covering the basics, principles, implementation steps, frameworks, and companies using agile. it emphasizes the flexible approach of agile project management, breaking projects into stages, and delivering mini projects at the end of each sprint.', 'duration': 469.698, 'highlights': ['The chapter discusses the features of Trello, such as labels, checklists, due dates, attachments, and activity details, offering a comprehensive overview of its functionalities.', 'It provides an introduction to Agile project management, covering the basics, principles, implementation steps, frameworks, and companies using Agile.', 'Agile project management is highlighted as a flexible approach, breaking projects into stages, delivering mini projects at the end of each sprint, and focusing on delivering sections of a project rather than the final product at the end of the project.', 'Agile methodologies consist of several small cycles or sprints, each ending with the delivery of a mini project, and involve a product backlog, sprint backlog, and stages like planning, designing, execution, testing, and deployment.']}, {'end': 18491.886, 'start': 18302.177, 'title': 'Agile project management benefits', 'summary': 'Highlights the benefits of agile project management, including high product quality, customer satisfaction, reduced risk, and better return on investment. it also outlines the principles and steps of agile project management, emphasizing faster delivery, stakeholder collaboration, and shorter development cycles.', 'duration': 189.709, 'highlights': ['The project becomes market ready after a few sprints, ensuring faster return on investment and staying ahead in competition.', 'The principles of agile project management include customer satisfaction, decreased time between planning and delivery, and increased productivity of the team.', 'Agile methodology aims to produce shorter development cycles and more frequent product releases compared to traditional waterfall project management.', "Testing is performed at short intervals to ensure high product quality as per stakeholders' demands.", 'The project is developed in several sprints, allowing for changes requested by stakeholders to be considered and worked upon during the development phase.', 'Face-to-face conversations with the development team are emphasized for problem-solving and knowledge sharing.', 'Scrum tools like Monday.com or Zoho Sprints are recommended to simplify complicated codes and save time in agile project management.']}, {'end': 18690.689, 'start': 18492.227, 'title': 'Agile project management and frameworks', 'summary': 'Discusses the steps of agile project management including project planning, roadmap creation, release planning, sprint planning, daily meetings, sprint review and retrospective, and introduces popular agile project management frameworks including kanban, scrum, hybrid, and lean frameworks.', 'duration': 198.462, 'highlights': ['The agile project management process involves project planning, roadmap creation, release planning, sprint planning, daily meetings, and sprint review and retrospective, emphasizing on iterative and incremental development cycles and stakeholder involvement.', 'The Kanban framework is a popular agile software development framework that uses a Kanban board to visualize work items and optimize workflow among team members, facilitating real-time tracking of work progress.', 'The Scrum framework is a simple and popular framework for managing complex knowledge work, promoting teamwork, and learning through experiences gained while solving problems.', 'The hybrid framework combines traditional project management planning with agile methodology for execution and delivery, addressing requirement changes and delivering the product in different stages.', 'The lean framework focuses on delivering maximum customer value and minimizing waste, aligning with the principles of lean management and continuous improvement.']}, {'end': 19105.534, 'start': 18691.01, 'title': 'Pmp certification and agile project management', 'summary': 'Focuses on pmp certification, including eligibility criteria, benefits, and the pmbok guide, while also highlighting the prominence of agile project management, with 22% of organizations worldwide implementing it and notable companies like ibm, cisco, and microsoft using agile project methodology.', 'duration': 414.524, 'highlights': ['Around 22% of organizations worldwide have all their teams working on the principle of agile project methodology, with prominent companies like IBM, Cisco, AT&T, Microsoft, Philips, and Samsung implementing it.', 'There are more than 100,000 PMP certification holders globally, and PMP certified individuals earn 25% more than non-certified individuals.', 'PMP certification requires specific prerequisites, including project management experience, formal education, and demonstrated skills, making it essential to understand the eligibility criteria for the PMP examination.', 'The PMBOK guide, the basic reference for the PMP examination, is a collection of processes, best practices, terminologies, and guidelines accepted as industry standards, with the latest edition being the 6th edition released in 2017.', 'Eligibility criteria for the PMP certification examination include two options: one for individuals with a secondary degree and another for those with a 4-year degree, both requiring a specific number of hours leading and directing projects, along with project management education from a registered provider like SimplyLearn.']}], 'duration': 1467.671, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U17637863.jpg', 'highlights': ['Agile project management emphasizes customer satisfaction, decreased time between planning and delivery, and increased team productivity.', 'Agile methodology aims for shorter development cycles and more frequent product releases compared to traditional waterfall project management.', 'The Kanban framework visualizes work items and optimizes workflow among team members, facilitating real-time tracking of work progress.', 'The Scrum framework promotes teamwork and learning through experiences gained while solving problems.', 'Around 22% of organizations worldwide have all their teams working on the principle of agile project methodology.']}, {'end': 21064.044, 'segs': [{'end': 19618.58, 'src': 'embed', 'start': 19589.582, 'weight': 2, 'content': [{'end': 19593.304, 'text': 'and that formal declaration of assignment of project manager happens.', 'start': 19589.582, 'duration': 3.722}, {'end': 19600.647, 'text': 'From then project manager takes over and first activity project manager does is identification of stakeholders.', 'start': 19593.884, 'duration': 6.763}, {'end': 19604.069, 'text': 'So next process group is planning process group.', 'start': 19601.147, 'duration': 2.922}, {'end': 19618.58, 'text': 'where we have around 24 processes to define the project scope, cost, schedule, quality, resource, risk, then procurement, stakeholder engagement.', 'start': 19604.816, 'duration': 13.764}], 'summary': 'Project manager assigns tasks, identifies 24 project processes', 'duration': 28.998, 'max_score': 19589.582, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U19589582.jpg'}, {'end': 19710.906, 'src': 'embed', 'start': 19683.475, 'weight': 0, 'content': [{'end': 19686.278, 'text': 'Team members delivers those results.', 'start': 19683.475, 'duration': 2.803}, {'end': 19690.922, 'text': 'Team members does all the activities and then creates that results.', 'start': 19686.698, 'duration': 4.224}, {'end': 19699.769, 'text': 'So team concerns needs to be addressed because as you see the people together, the team members together, it is quite obvious conflict may occur.', 'start': 19691.342, 'duration': 8.427}, {'end': 19701.531, 'text': 'So conflict resolution should happen.', 'start': 19699.95, 'duration': 1.581}, {'end': 19703.753, 'text': 'The engagement with the team members should happen.', 'start': 19701.831, 'duration': 1.922}, {'end': 19710.906, 'text': 'So demonstration of work which is done by the project team that needs to be monitored and controlled.', 'start': 19704.381, 'duration': 6.525}], 'summary': 'Team members deliver results, address conflicts, engage, and monitor work for project success.', 'duration': 27.431, 'max_score': 19683.475, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U19683475.jpg'}, {'end': 19753.603, 'src': 'embed', 'start': 19727.558, 'weight': 9, 'content': [{'end': 19732.602, 'text': 'So birds of view in entirety, which says how the execution should happen.', 'start': 19727.558, 'duration': 5.044}, {'end': 19739.207, 'text': 'that needs to be directed and monitored, whereas coming on ground seeing is that happening the way it is required.', 'start': 19732.602, 'duration': 6.605}, {'end': 19740.508, 'text': 'that is also very essential.', 'start': 19739.207, 'duration': 1.301}, {'end': 19744.151, 'text': 'So next is monitoring and control process group.', 'start': 19740.989, 'duration': 3.162}, {'end': 19753.603, 'text': 'Now as part of these process group as I mentioned while execution happens it is very essential to check validate and control.', 'start': 19744.672, 'duration': 8.931}], 'summary': 'Monitoring and controlling execution is essential for ensuring it happens as required.', 'duration': 26.045, 'max_score': 19727.558, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U19727558.jpg'}, {'end': 19823.077, 'src': 'embed', 'start': 19775.959, 'weight': 5, 'content': [{'end': 19780.463, 'text': 'So integrated change management, which is there in this particular process group.', 'start': 19775.959, 'duration': 4.504}, {'end': 19786.149, 'text': 'So this also focuses on addressing ongoing budget considerations,', 'start': 19780.903, 'duration': 5.246}, {'end': 19792.977, 'text': "handling unexpected circumstances that could hamper the team's ability to meet the initial project expectations.", 'start': 19786.149, 'duration': 6.828}, {'end': 19795.36, 'text': 'So it goes on throughout the project lifecycle.', 'start': 19793.377, 'duration': 1.983}, {'end': 19797.341, 'text': 'So two process groups,', 'start': 19795.96, 'duration': 1.381}, {'end': 19807.569, 'text': 'if you closely observe planning process groups and monitoring and control process groups are the process groups where you see processes in all the knowledge areas.', 'start': 19797.341, 'duration': 10.228}, {'end': 19811.812, 'text': 'Otherwise if you see an initiating process group, it is only two process.', 'start': 19808.069, 'duration': 3.743}, {'end': 19815.815, 'text': 'One is an integration management, other one is stakeholder management.', 'start': 19812.292, 'duration': 3.523}, {'end': 19823.077, 'text': "If you look at execution, you don't see in scope, time, cost and risk management.", 'start': 19816.335, 'duration': 6.742}], 'summary': 'Integrated change management addresses ongoing budget, unexpected circumstances, and spans project lifecycle. planning and monitoring/control process groups involve processes in all knowledge areas.', 'duration': 47.118, 'max_score': 19775.959, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U19775959.jpg'}, {'end': 19909.264, 'src': 'embed', 'start': 19882.641, 'weight': 12, 'content': [{'end': 19886.943, 'text': 'So how many processes in each of the knowledge areas aligning with the process group?', 'start': 19882.641, 'duration': 4.302}, {'end': 19891.106, 'text': 'We just saw in the table, but when we look at it, understand what are those exactly.', 'start': 19887.363, 'duration': 3.743}, {'end': 19899.07, 'text': 'So now knowledge areas are necessary for effective project management, which can take place during any of the explained process groups.', 'start': 19891.606, 'duration': 7.464}, {'end': 19901.158, 'text': 'So there are 10.', 'start': 19899.45, 'duration': 1.708}, {'end': 19909.264, 'text': 'So those are project integration management, project scope management, project schedule management, project cost management,', 'start': 19901.158, 'duration': 8.106}], 'summary': 'There are 10 processes in each knowledge area aligning with the process groups.', 'duration': 26.623, 'max_score': 19882.641, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U19882641.jpg'}, {'end': 19992.414, 'src': 'embed', 'start': 19969.309, 'weight': 3, 'content': [{'end': 19976.251, 'text': 'So if you can able to remember the six constraints, so each of associated with each of these constraints, there is a knowledge area.', 'start': 19969.309, 'duration': 6.942}, {'end': 19980.111, 'text': 'Like you have project scope management, which is one of the area of constraints.', 'start': 19976.731, 'duration': 3.38}, {'end': 19987.513, 'text': 'Similarly, schedule management linked to time, cost management, quality management, resource management and risk management.', 'start': 19980.411, 'duration': 7.102}, {'end': 19990.734, 'text': 'So out of ten, easily you can able to remember six.', 'start': 19987.853, 'duration': 2.881}, {'end': 19992.414, 'text': 'Further, there are four.', 'start': 19991.374, 'duration': 1.04}], 'summary': 'Remember 6 out of 10 constraints linked to knowledge areas: scope, schedule, cost, quality, resource, risk.', 'duration': 23.105, 'max_score': 19969.309, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U19969309.jpg'}, {'end': 20055.974, 'src': 'embed', 'start': 20030.866, 'weight': 6, 'content': [{'end': 20036.57, 'text': 'So all these nine knowledge areas you will integrate and manage in integration management.', 'start': 20030.866, 'duration': 5.704}, {'end': 20043.951, 'text': 'So in fact all the plans which are defined in rest of the nine knowledge areas except integration management.', 'start': 20036.87, 'duration': 7.081}, {'end': 20048.212, 'text': 'So all those plans are called as subsidiary plans.', 'start': 20044.551, 'duration': 3.661}, {'end': 20055.974, 'text': 'So all these nine subsidiary plans, that is, scope management plan, schedule management plan, cost management plan, quality management plan,', 'start': 20048.752, 'duration': 7.222}], 'summary': 'Integration management integrates and manages nine knowledge areas and their plans.', 'duration': 25.108, 'max_score': 20030.866, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U20030866.jpg'}, {'end': 20150.681, 'src': 'embed', 'start': 20121.582, 'weight': 4, 'content': [{'end': 20124.324, 'text': 'where we see processes in all the process group.', 'start': 20121.582, 'duration': 2.742}, {'end': 20131.169, 'text': 'So we have process in initiating process group, we have processes in planning, we have process in execution process group,', 'start': 20124.784, 'duration': 6.385}, {'end': 20135.953, 'text': 'we have processes in monitoring and control process group and also in closing process group.', 'start': 20131.169, 'duration': 4.784}, {'end': 20141.757, 'text': 'So project integration management is only knowledge area where it has a processes in all the process groups.', 'start': 20136.093, 'duration': 5.664}, {'end': 20143.938, 'text': "which we don't see in any other knowledge area.", 'start': 20142.137, 'duration': 1.801}, {'end': 20146.919, 'text': 'Now next we look at the list of processes.', 'start': 20144.318, 'duration': 2.601}, {'end': 20150.681, 'text': 'Like develop project charter is in initiation process group.', 'start': 20147.239, 'duration': 3.442}], 'summary': 'Project integration management has processes in all process groups, unique among knowledge areas.', 'duration': 29.099, 'max_score': 20121.582, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U20121582.jpg'}], 'start': 19106.132, 'title': 'Project management essentials', 'summary': 'Provides an overview of project management processes, emphasizing the 5 process groups, 10 knowledge areas, and 49 processes. it highlights the importance of project integration management, addressing team concerns, monitoring project execution, managing change orders, and understanding project scope, schedule, cost, and quality management.', 'chapters': [{'end': 19683.195, 'start': 19106.132, 'title': 'Project management process overview', 'summary': 'Details the 5 process groups and 10 knowledge areas, with 49 processes, distributed across them, emphasizing the importance of project integration management and the flow of project lifecycle.', 'duration': 577.063, 'highlights': ['The 5 process groups and 10 knowledge areas are aligned with 49 processes, emphasizing project integration management and the flow of project lifecycle.', 'The project manager, acting as an integrator, oversees the project from an umbrella view in the project integration management layer, ensuring progress aligns with the broader project goals.', 'The initiating process group involves creating project charter, identifying stakeholders, and setting up permits, authorisation, and initial work orders to define the beginning of the project.', 'The planning process group defines project scope, cost, schedule, quality, resource, risk, procurement, and stakeholder engagement, providing a comprehensive plan for project execution and monitoring.', 'The executing process group focuses on directing and managing project work, managing project knowledge, acquiring resources, developing and managing teams, and handling time expectations to achieve benchmark goals.']}, {'end': 20030.726, 'start': 19683.475, 'title': 'Project management: key areas and processes', 'summary': 'Emphasizes the importance of addressing team concerns, monitoring project execution, managing change orders, and understanding the five process groups in the pmp framework, consisting of 10 knowledge areas and their associated constraints.', 'duration': 347.251, 'highlights': ['The importance of addressing team concerns and conflict resolution should be emphasized to ensure smooth project execution and minimize conflicts among team members.', 'Monitoring and controlling the demonstration of work by the project team during execution is crucial to ensure compliance with the plan, leading to successful project outcomes.', 'The process group of monitoring and control involves processing change orders and addressing ongoing budget considerations, which is vital for managing unexpected circumstances and ensuring project success.', 'Understanding the five process groups in the PMP framework, consisting of 10 knowledge areas and their associated constraints, is essential for effective project management and successful project outcomes.']}, {'end': 20207.465, 'start': 20030.866, 'title': 'Project integration management', 'summary': 'Covers project integration management, including integrating subsidiary plans and processes in all process groups, with a focus on the project management plan, project charter, and project work monitoring.', 'duration': 176.599, 'highlights': ["Project integration management involves integrating nine subsidiary plans (scope, schedule, cost, quality, resource, communication, risk, procurement, and stakeholder management plans) into the project management plan, creating a comprehensive roadmap for the project's success.", 'The project integration management is the only knowledge area that has processes in all process groups, including initiating, planning, executing, monitoring and control, and closing process groups.', 'Key processes in project integration management include developing project charter in the initiation process group, developing project management plan in the planning process group, and monitoring and controlling project work and performing integrated change control in the monitoring and control process group.']}, {'end': 20415.562, 'start': 20208.265, 'title': 'Project scope management overview', 'summary': 'Introduces project scope management, which involves the collection of requirements, defining the scope statement, creating the work breakdown structure (wbs), and validating and controlling the scope, with a focus on the processes and tools used. it also details the processes involved in project scope management, including plan scope management, collecting requirements, defining the scope, creating the wbs, validating scope, and controlling scope.', 'duration': 207.297, 'highlights': ['Project scope management involves the collection of requirements, defining the scope statement, creating the work breakdown structure (WBS), and validating and controlling the scope, with a focus on the processes and tools used.', 'The processes involved in project scope management include plan scope management, collecting requirements, defining the scope, creating the WBS, validating scope, and controlling scope.', 'The WBS provides the structure of various deliverables, and validation ensures that the execution aligns with the plan, while control scope checks the adherence to scope management.', 'The technique of decomposition is used to create the WBS, employing a top-down approach to break down the product or service into manageable components.', 'Project schedule management is crucial for understanding the timeline of deliverables, aligning with the defined scope and requirements.']}, {'end': 21064.044, 'start': 20415.982, 'title': 'Project schedule, cost and quality management', 'summary': 'Discusses project management activities related to schedule, cost, and quality management, covering processes, techniques, and coordination between knowledge areas, with an emphasis on schedule management, cost estimation, and budget allocation.', 'duration': 648.062, 'highlights': ['The project is divided into tasks with specific start dates, end dates, and outputs, and the schedule is revised based on project progress, requiring close coordination between knowledge areas.', 'The project schedule management involves techniques like network analysis, critical path, forward pass, backward pass, and identification of floats to monitor and manage the critical path, which determines the minimum time required for project completion.', 'The project cost management focuses on estimating and allocating budget to the project, involving approximation of costs for resources, tools, and activities, and requires close coordination with experts for estimation and budgeting.', 'The project quality management involves ensuring that requirements and standards are met, and the approach should be based on the project environment or specific project requirements, with a focus on defining and following the appropriate quality management practices.']}], 'duration': 1957.912, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U19106132.jpg', 'highlights': ['Project integration management involves integrating nine subsidiary plans into the project management plan, creating a comprehensive roadmap for success.', 'The project manager acts as an integrator, overseeing the project from an umbrella view, ensuring progress aligns with broader project goals.', 'Monitoring and controlling the demonstration of work by the project team during execution is crucial to ensure compliance with the plan.', 'The initiating process group involves creating project charter, identifying stakeholders, and setting up permits, authorisation, and initial work orders.', 'The planning process group defines project scope, cost, schedule, quality, resource, risk, procurement, and stakeholder engagement.', 'The executing process group focuses on directing and managing project work, managing project knowledge, acquiring resources, and developing teams.', 'Addressing team concerns and conflict resolution is important to ensure smooth project execution and minimize conflicts among team members.', 'Understanding the five process groups in the PMP framework and their associated constraints is essential for effective project management.', 'Project scope management involves the collection of requirements, defining the scope statement, creating the work breakdown structure (WBS), and validating and controlling the scope.', 'Project schedule management involves techniques like network analysis, critical path, forward pass, backward pass, and identification of floats to monitor and manage the critical path.', 'The project cost management focuses on estimating and allocating budget to the project, involving approximation of costs for resources, tools, and activities.', 'The project quality management involves ensuring that requirements and standards are met, with a focus on defining and following appropriate quality management practices.', 'The WBS provides the structure of various deliverables, and validation ensures that the execution aligns with the plan, while control scope checks the adherence to scope management.', 'The technique of decomposition is used to create the WBS, employing a top-down approach to break down the product or service into manageable components.', 'The project is divided into tasks with specific start dates, end dates, and outputs, and the schedule is revised based on project progress.']}, {'end': 22387.6, 'segs': [{'end': 21089.534, 'src': 'embed', 'start': 21064.044, 'weight': 2, 'content': [{'end': 21073.147, 'text': 'so quality management is a part of entire project management plan, which speaks about quality specifications, products or service,', 'start': 21064.044, 'duration': 9.103}, {'end': 21075.468, 'text': 'the artifacts which are used as part of the project.', 'start': 21073.147, 'duration': 2.321}, {'end': 21086.653, 'text': 'So when we say quality management approach, we speak about many terms like acceptance criteria, quality criteria, customer quality expectations,', 'start': 21075.988, 'duration': 10.665}, {'end': 21089.534, 'text': 'then quality assurance, quality control.', 'start': 21086.653, 'duration': 2.881}], 'summary': 'Quality management is integral to project management, encompassing quality specifications, artifacts, and various key terms such as acceptance criteria, quality criteria, customer quality expectations, quality assurance, and quality control.', 'duration': 25.49, 'max_score': 21064.044, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U21064044.jpg'}, {'end': 21140.086, 'src': 'embed', 'start': 21111.672, 'weight': 3, 'content': [{'end': 21117.615, 'text': 'Now remember all these 49 processes defined in PMP are project management processes.', 'start': 21111.672, 'duration': 5.943}, {'end': 21120.616, 'text': 'These are not the processes which are for execution.', 'start': 21117.975, 'duration': 2.641}, {'end': 21122.957, 'text': 'So these are all project management processes.', 'start': 21121.137, 'duration': 1.82}, {'end': 21127.82, 'text': 'If any team member is configuring something, creating something, delivering something,', 'start': 21123.098, 'duration': 4.722}, {'end': 21132.181, 'text': 'None of those activities are defined as part of these processes.', 'start': 21128.599, 'duration': 3.582}, {'end': 21133.482, 'text': 'As plan.', 'start': 21132.822, 'duration': 0.66}, {'end': 21140.086, 'text': 'when you make a clear plan, like when I said, create WBS, where you have the elements which needs to be delivered are defined.', 'start': 21133.482, 'duration': 6.604}], 'summary': 'Pmp defines 49 project management processes, not for execution. clear plan includes creating wbs with defined deliverables.', 'duration': 28.414, 'max_score': 21111.672, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U21111672.jpg'}, {'end': 21724.48, 'src': 'embed', 'start': 21697.278, 'weight': 1, 'content': [{'end': 21704.284, 'text': 'So, based on their impact on the project, the necessary response plan will be defined.', 'start': 21697.278, 'duration': 7.006}, {'end': 21712.27, 'text': 'so risk has to be controlled by reviewing the risk register regularly and removing the risk that no longer impact the project.', 'start': 21704.284, 'duration': 7.986}, {'end': 21714.192, 'text': 'now the risk once identified.', 'start': 21712.27, 'duration': 1.922}, {'end': 21716.273, 'text': 'mainly risks are identified.', 'start': 21714.192, 'duration': 2.081}, {'end': 21724.48, 'text': 'some set of risks are already identified, captured in project charter, whereas in detail, risks are identified during the planning,', 'start': 21716.273, 'duration': 8.207}], 'summary': 'A response plan is needed to control and remove project risks identified during planning.', 'duration': 27.202, 'max_score': 21697.278, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U21697278.jpg'}, {'end': 21822.727, 'src': 'embed', 'start': 21792.756, 'weight': 0, 'content': [{'end': 21796.359, 'text': 'this will be part of monitoring and controlled process group.', 'start': 21792.756, 'duration': 3.603}, {'end': 21804.167, 'text': 'so when we say identify risk, this is when you identify the risk here and captured in the risk register, and, as i mentioned earlier,', 'start': 21796.359, 'duration': 7.808}, {'end': 21806.89, 'text': 'this is not a list which is exhaustive.', 'start': 21804.167, 'duration': 2.723}, {'end': 21810.073, 'text': 'so at the moment, whatever the risks are being identified.', 'start': 21806.89, 'duration': 3.183}, {'end': 21816.543, 'text': 'so these risks are analyzed now as part of this planning, qualitatively as well as quantitatively.', 'start': 21810.74, 'duration': 5.803}, {'end': 21822.727, 'text': 'but the analysis of the risk, assessing those risks, should continue throughout the project life cycle,', 'start': 21816.543, 'duration': 6.184}], 'summary': 'Identify and analyze risks as part of monitoring and controlled process group.', 'duration': 29.971, 'max_score': 21792.756, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U21792756.jpg'}, {'end': 22031.811, 'src': 'embed', 'start': 22010.22, 'weight': 11, 'content': [{'end': 22019.745, 'text': 'So they will have an engagement through a contract and monitoring and managing them and establishing a relationship with them and engaging with them in appropriate way.', 'start': 22010.22, 'duration': 9.525}, {'end': 22020.425, 'text': 'that is required.', 'start': 22019.745, 'duration': 0.68}, {'end': 22023.066, 'text': 'It is very essential to be done in every project.', 'start': 22021.065, 'duration': 2.001}, {'end': 22030.65, 'text': 'So that way project procurement management would guide, in terms of handling all the procurements, what we do from outside,', 'start': 22023.427, 'duration': 7.223}, {'end': 22031.811, 'text': 'external to the organization.', 'start': 22030.65, 'duration': 1.161}], 'summary': 'Engage suppliers through contracts and relationship management for effective project procurement.', 'duration': 21.591, 'max_score': 22010.22, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U22010220.jpg'}], 'start': 21064.044, 'title': 'Project management fundamentals', 'summary': 'Covers project quality and resource management, project leadership, communication management, risk management, including key processes and strategies for effective project management.', 'chapters': [{'end': 21333.929, 'start': 21064.044, 'title': 'Quality and resource management in project', 'summary': 'Discusses the project quality management processes including plan quality management, manage quality, and control quality, as well as the project resource management focusing on identifying and managing various resources, predominantly human resources.', 'duration': 269.885, 'highlights': ['The project quality management processes include plan quality management, manage quality, and control quality, ensuring adherence to quality specifications and customer expectations.', 'Project resource management focuses on identifying roles and resources, acquiring and educating human resources, and dealing with conflicts and leadership styles.']}, {'end': 21601.042, 'start': 21333.929, 'title': 'Project leadership and communication management', 'summary': 'Discusses the essential project leadership styles, project resource management processes, and the importance of effective communication management in projects, emphasizing the need for specific objectives, frequency, and language in communication.', 'duration': 267.113, 'highlights': ['The importance of project leadership styles, including approach, delegative, and leadership dynamics, in effectively managing project resource management processes.', 'The significance of project resource management processes, encompassing plan resource management, estimate activity resources, acquire resources, develop team, manage team, and control resources, and their alignment with different process groups.', 'The critical role of effective communication management in projects, emphasizing the need for specific objectives, frequency, language, and impact of communication on stakeholders, with project managers spending a significant amount of time on communication.']}, {'end': 21864.887, 'start': 21601.562, 'title': 'Project communication & risk mgmt', 'summary': 'Discusses project communication management, including planned communication management, manage communications, and monitor communications, as well as project risk management, emphasizing the identification, analysis, and response planning for risks in project management.', 'duration': 263.325, 'highlights': ['The processes in project communication management include planned communication management, Manage Communications, and Monitor Communications, each belonging to different process groups.', 'Project risk management involves identifying, categorizing, and prioritizing risks in the risk register, as well as qualitatively and quantitatively analyzing and planning responses for the identified risks.', 'Risks in projects are both positive opportunities and negative threats, and they need to be continually evaluated and managed throughout the project life cycle to minimize their impact.']}, {'end': 22387.6, 'start': 21865.668, 'title': 'Risk response plans, procurement management, stakeholder engagement, and pmp certification', 'summary': 'Discusses risk response plans, procurement management, stakeholder engagement, and pmp certification, including strategies for risk management, procurement processes, stakeholder analysis, and the benefits of pmp certification for project managers.', 'duration': 521.932, 'highlights': ['The chapter emphasizes the importance of implementing proper risk response plans, with strategies for positive and negative risks, such as acceptance, exploit, avoid, contingency plans, and risk mitigation, as part of executing process group.', 'It details the processes involved in project procurement management, including identifying resources, products or services to be procured, engaging with suppliers and subcontractors through contracts, and the three main processes: Plan Procurement Management, Conduct Procurement, and Control Procurement.', 'The chapter underscores the significance of stakeholder management, highlighting the identification, analysis, engagement, and continuous monitoring of stakeholders, as well as the need to understand stakeholder concerns, prioritize them based on impact, and develop stakeholder engagement plans.', 'It outlines the benefits of PMP certification for project managers, including gaining industry knowledge, practical expertise, and the ability to bring sanity to project management, as well as the process of acquiring the certification through project management experience and passing the PMP exam.']}], 'duration': 1323.556, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U21064044.jpg', 'highlights': ['The critical role of effective communication management in projects, emphasizing the need for specific objectives, frequency, language, and impact of communication on stakeholders, with project managers spending a significant amount of time on communication.', 'The project quality management processes include plan quality management, manage quality, and control quality, ensuring adherence to quality specifications and customer expectations.', 'Project resource management focuses on identifying roles and resources, acquiring and educating human resources, and dealing with conflicts and leadership styles.', 'The importance of project leadership styles, including approach, delegative, and leadership dynamics, in effectively managing project resource management processes.', 'Project risk management involves identifying, categorizing, and prioritizing risks in the risk register, as well as qualitatively and quantitatively analyzing and planning responses for the identified risks.', 'The chapter emphasizes the importance of implementing proper risk response plans, with strategies for positive and negative risks, such as acceptance, exploit, avoid, contingency plans, and risk mitigation, as part of executing process group.', 'The processes in project communication management include planned communication management, Manage Communications, and Monitor Communications, each belonging to different process groups.', 'The chapter underscores the significance of stakeholder management, highlighting the identification, analysis, engagement, and continuous monitoring of stakeholders, as well as the need to understand stakeholder concerns, prioritize them based on impact, and develop stakeholder engagement plans.', 'It details the processes involved in project procurement management, including identifying resources, products or services to be procured, engaging with suppliers and subcontractors through contracts, and the three main processes: Plan Procurement Management, Conduct Procurement, and Control Procurement.', 'The significance of project resource management processes, encompassing plan resource management, estimate activity resources, acquire resources, develop team, manage team, and control resources, and their alignment with different process groups.', 'Risks in projects are both positive opportunities and negative threats, and they need to be continually evaluated and managed throughout the project life cycle to minimize their impact.', 'The benefits of PMP certification for project managers, including gaining industry knowledge, practical expertise, and the ability to bring sanity to project management, as well as the process of acquiring the certification through project management experience and passing the PMP exam.']}, {'end': 23027.809, 'segs': [{'end': 22608.608, 'src': 'embed', 'start': 22574.986, 'weight': 2, 'content': [{'end': 22577.088, 'text': 'they begin from initiation to closure.', 'start': 22574.986, 'duration': 2.102}, {'end': 22583.434, 'text': 'the first step that we have is initiation, planning, execution, monitoring and controlling and closure.', 'start': 22577.088, 'duration': 6.346}, {'end': 22586.317, 'text': "now let's have a look at each of them in detail.", 'start': 22583.434, 'duration': 2.883}, {'end': 22588.399, 'text': 'the first step we have is initiation.', 'start': 22586.317, 'duration': 2.082}, {'end': 22592.08, 'text': 'initiation involves defining the project scope.', 'start': 22589.019, 'duration': 3.061}, {'end': 22597.803, 'text': 'this is the step where we explain what our project will have, for whom we are making that project.', 'start': 22592.08, 'duration': 5.723}, {'end': 22602.585, 'text': 'it helps us to identify our stakeholders, who all will be the part of that project,', 'start': 22597.803, 'duration': 4.782}, {'end': 22608.608, 'text': 'and determine the project feasibility after the step of initiation, when we have decided the scope of our project.', 'start': 22602.585, 'duration': 6.023}], 'summary': 'Project management involves steps from initiation to closure, with initiation involving defining project scope and identifying stakeholders.', 'duration': 33.622, 'max_score': 22574.986, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U22574986.jpg'}, {'end': 22844.19, 'src': 'embed', 'start': 22816.855, 'weight': 0, 'content': [{'end': 22822.918, 'text': 'If we consider the salary of a non-PMP certified project manager, it is approximately $91, 000.', 'start': 22816.855, 'duration': 6.063}, {'end': 22829.943, 'text': 'While if we consider the salary of a PMP certified project manager, it is approximately $111, 000,', 'start': 22822.919, 'duration': 7.024}, {'end': 22834.607, 'text': "which is approximately 20% higher than the non-certified project manager's salary.", 'start': 22829.944, 'duration': 4.663}, {'end': 22838.648, 'text': "Now, let's have a look at the resume of a PMP certified project manager.", 'start': 22835.027, 'duration': 3.621}, {'end': 22844.19, 'text': 'If you are somebody with PMP certification and looking for a project manager or a senior project manager role,', 'start': 22839.088, 'duration': 5.102}], 'summary': "Pmp certified project managers earn 20% more, around $111,000, than non-certified managers' $91,000.", 'duration': 27.335, 'max_score': 22816.855, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U22816855.jpg'}, {'end': 22926.077, 'src': 'embed', 'start': 22902.32, 'weight': 4, 'content': [{'end': 22908.701, 'text': 'he has included a skill of agile and quality assurance software, as well as he has his knowledge of different project management tools.', 'start': 22902.32, 'duration': 6.381}, {'end': 22911.222, 'text': 'then, putting your certifications play a major role.', 'start': 22908.701, 'duration': 2.521}, {'end': 22914.543, 'text': 'this proves that you are up to date and updated with current market trends.', 'start': 22911.222, 'duration': 3.321}, {'end': 22917.726, 'text': 'james brown has his certifications in C and Java.', 'start': 22914.543, 'duration': 3.183}, {'end': 22922.292, 'text': 'And more importantly, he has his project management certification, project management professional.', 'start': 22917.886, 'duration': 4.406}, {'end': 22926.077, 'text': 'In this session, we will discuss about project manager roles and responsibilities.', 'start': 22922.452, 'duration': 3.625}], 'summary': 'James brown has certifications in c and java and project management professional, emphasizing the importance of certifications in staying updated with current market trends.', 'duration': 23.757, 'max_score': 22902.32, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U22902320.jpg'}], 'start': 22387.901, 'title': 'Benefits of pmp certification', 'summary': 'Explores the benefits of pmp certification including increased resume value, job opportunities, and salary hikes, with pmp certified project managers being among the highest paid jobs globally. it also highlights that pmp certified project managers tend to get 20% more salary, exhibit better project performance, and have increased networking opportunities, and explains the pmp basic concepts, eligibility criteria, exam pattern, pmbok guide, certification cost, and validity.', 'chapters': [{'end': 22440.293, 'start': 22387.901, 'title': 'Benefits of pmp certification', 'summary': 'Explores the benefits of pmp certification including increased resume value, job opportunities, and salary hikes, with pmp certified project managers being among the highest paid jobs globally.', 'duration': 52.392, 'highlights': ['PMP certified project manager is one of the highest paid jobs globally, leading to significant salary hikes', 'PMP certification increases job opportunities by proving expertise in project completion', 'Having PMP certification on the resume helps interviewers recognize skills and is often a requirement for some companies', 'PMP certification helps in progressing within the current company by increasing trust factor of the interviewer']}, {'end': 23027.809, 'start': 22440.413, 'title': 'Benefits of pmp certification', 'summary': 'Highlights that pmp certified project managers tend to get 20% more salary, exhibit better project performance, and have increased networking opportunities, and explains the pmp basic concepts, eligibility criteria, exam pattern, pmbok guide, certification cost, and validity.', 'duration': 587.396, 'highlights': ['PMP certified project managers tend to get 20% more salary than non-certified project managers, demonstrating the financial benefit of obtaining the certification.', 'PMP certification validates dedication to the job through extensive training, requiring several months of training and hours of project management experience, showcasing commitment to career advancement.', 'PMP certification globally acknowledged, facilitating opportunities in various industries worldwide, emphasizing the international recognition and versatility of the certification.', 'PMP certified project managers deliver better projects due to their comprehensive knowledge of 5 process groups, 10 knowledge areas, and 49 processes, showcasing the impact of certification on project performance.', 'PMP certification increases networking opportunities through PMI membership, providing access to new job opportunities and professional networks, highlighting the professional advantages of certification.', 'The PMP exam comprises 200 questions, evaluating knowledge of 5 process groups and 10 knowledge areas, with a 4-hour completion time, outlining the key aspects of the exam.', 'The PMBOK guide covers the PMP exam syllabus, including 10 knowledge areas and 49 processes across 5 process groups, serving as a fundamental resource for exam preparation.', 'The cost of PMP certification is $555 for non-PMI members and $405 for PMI members, with a validity of 3 years, detailing the financial and temporal aspects of the certification.', 'The eligibility criteria for PMP certification include specific project management experience and education requirements for different educational backgrounds, outlining the prerequisites for certification.', "A project manager's key skills include strong communication, effective leadership, team management, negotiation, and critical thinking, essential for project success, emphasizing the crucial attributes for the role."]}], 'duration': 639.908, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U22387901.jpg', 'highlights': ['PMP certified project manager is one of the highest paid jobs globally, leading to significant salary hikes', 'PMP certified project managers tend to get 20% more salary than non-certified project managers, demonstrating the financial benefit of obtaining the certification', 'PMP certification increases job opportunities by proving expertise in project completion', 'PMP certification validates dedication to the job through extensive training, requiring several months of training and hours of project management experience, showcasing commitment to career advancement', 'Having PMP certification on the resume helps interviewers recognize skills and is often a requirement for some companies', 'PMP certification globally acknowledged, facilitating opportunities in various industries worldwide, emphasizing the international recognition and versatility of the certification', 'PMP certified project managers deliver better projects due to their comprehensive knowledge of 5 process groups, 10 knowledge areas, and 49 processes, showcasing the impact of certification on project performance', 'PMP certification increases networking opportunities through PMI membership, providing access to new job opportunities and professional networks, highlighting the professional advantages of certification', 'The PMBOK guide covers the PMP exam syllabus, including 10 knowledge areas and 49 processes across 5 process groups, serving as a fundamental resource for exam preparation', 'The cost of PMP certification is $555 for non-PMI members and $405 for PMI members, with a validity of 3 years, detailing the financial and temporal aspects of the certification']}, {'end': 23761.204, 'segs': [{'end': 23056.548, 'src': 'embed', 'start': 23028.129, 'weight': 1, 'content': [{'end': 23032.913, 'text': 'This is what makes a project manager more effective and efficient in project management.', 'start': 23028.129, 'duration': 4.784}, {'end': 23040.938, 'text': 'This thinking capability is needed to take difficult steps, talk to stakeholders and resolve several issues throughout the course of the project.', 'start': 23033.233, 'duration': 7.705}, {'end': 23045.02, 'text': 'The last skill that a project manager must have is risk management skill.', 'start': 23041.218, 'duration': 3.802}, {'end': 23047.202, 'text': 'Handling a project is an important step.', 'start': 23045.301, 'duration': 1.901}, {'end': 23049.943, 'text': 'But what is equally important is risk management.', 'start': 23047.382, 'duration': 2.561}, {'end': 23056.548, 'text': 'This is the process required to identify, analyze and respond to the risk factors throughout the project lifecycle.', 'start': 23050.184, 'duration': 6.364}], 'summary': 'Project manager needs thinking capability, stakeholder communication, and risk management skills for effective project management.', 'duration': 28.419, 'max_score': 23028.129, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U23028129.jpg'}, {'end': 23142.71, 'src': 'embed', 'start': 23112.015, 'weight': 2, 'content': [{'end': 23117.018, 'text': 'He or she is supposed to maintain communication with all the stakeholders throughout the project.', 'start': 23112.015, 'duration': 5.003}, {'end': 23121.64, 'text': 'Then we have is the identification and evaluation of risk in a project.', 'start': 23117.458, 'duration': 4.182}, {'end': 23126.122, 'text': 'Project manager must take steps to minimize the effect of risk in a project.', 'start': 23121.84, 'duration': 4.282}, {'end': 23131.124, 'text': 'The next role of a project manager is to track and control the performance of the team.', 'start': 23126.482, 'duration': 4.642}, {'end': 23135.186, 'text': 'This helps in yielding the best outputs with the least number of resources.', 'start': 23131.485, 'duration': 3.701}, {'end': 23142.71, 'text': 'Last role a project manager must have is to provide reports and documentation of all the steps involved in project management.', 'start': 23135.507, 'duration': 7.203}], 'summary': 'Project manager communicates with stakeholders, manages risk, tracks team performance, and provides documentation.', 'duration': 30.695, 'max_score': 23112.015, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U23112015.jpg'}, {'end': 23260.169, 'src': 'embed', 'start': 23233.984, 'weight': 0, 'content': [{'end': 23241.793, 'text': 'Project management certifications help an individual to increase the value of their certification and validates their dedication to the job.', 'start': 23233.984, 'duration': 7.809}, {'end': 23248.683, 'text': 'Nowadays, several organizations have made it compulsory for a project manager to be project management certified.', 'start': 23242.214, 'duration': 6.469}, {'end': 23251.327, 'text': 'There may be several project management certifications,', 'start': 23249.003, 'duration': 2.324}, {'end': 23260.169, 'text': 'out of which project management professional certification or pmp certification is one of the most common and widely accepted certifications.', 'start': 23251.727, 'duration': 8.442}], 'summary': 'Pmp certification increases value and is widely accepted.', 'duration': 26.185, 'max_score': 23233.984, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U23233984.jpg'}, {'end': 23399.165, 'src': 'embed', 'start': 23375.913, 'weight': 3, 'content': [{'end': 23383.418, 'text': 'Here as part of this video, we are going to look at few possible questions which one would face while going through an interview.', 'start': 23375.913, 'duration': 7.505}, {'end': 23391.678, 'text': 'This will help them to prepare for interview and also help to understand what kind of questions would come across when they face the interview.', 'start': 23383.951, 'duration': 7.727}, {'end': 23399.165, 'text': 'In addition to that, these questions also has an insight towards the role of project management itself.', 'start': 23392.379, 'duration': 6.786}], 'summary': 'Prepare for interviews with insight into project management questions.', 'duration': 23.252, 'max_score': 23375.913, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U23375913.jpg'}, {'end': 23539.291, 'src': 'embed', 'start': 23508.701, 'weight': 4, 'content': [{'end': 23514.405, 'text': 'who are the stakeholders, identification of risks, advantages of the project and the budget.', 'start': 23508.701, 'duration': 5.704}, {'end': 23523.07, 'text': 'So project charter plays an integral while planning the project as a plan is something that is used in all the phases of project life cycle.', 'start': 23515.005, 'duration': 8.065}, {'end': 23531.055, 'text': 'It is very essential because it provides all the necessary insights a project manager is needed while taking up the project.', 'start': 23523.751, 'duration': 7.304}, {'end': 23539.291, 'text': 'after getting the project charter, the first job a project manager supposed to do is to identify the stakeholders,', 'start': 23531.949, 'duration': 7.342}], 'summary': 'Project charter is integral for project planning and provides necessary insights for project manager. stakeholder identification is the first step after obtaining the charter.', 'duration': 30.59, 'max_score': 23508.701, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U23508701.jpg'}, {'end': 23652.428, 'src': 'embed', 'start': 23621.459, 'weight': 9, 'content': [{'end': 23626.841, 'text': 'So one needs to understand the difference between this project scope and product scope and define accordingly.', 'start': 23621.459, 'duration': 5.382}, {'end': 23640.917, 'text': "So this will help in identification of the project's output and why that output is created and how these particular product or services or results will help organization or business to accomplish their objectives.", 'start': 23627.401, 'duration': 13.516}, {'end': 23644.9, 'text': 'This should be the basic understanding a project manager should have.', 'start': 23641.637, 'duration': 3.263}, {'end': 23652.428, 'text': 'so it includes everything that is to be achieved by the project, which means all those results, what needs to be achieved,', 'start': 23645.945, 'duration': 6.483}], 'summary': 'Understanding project scope vs. product scope is essential for achieving project results and organizational objectives.', 'duration': 30.969, 'max_score': 23621.459, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U23621459.jpg'}], 'start': 23028.129, 'title': 'Project management skills and career path', 'summary': 'Covers essential project management skills such as risk management, budgeting, and communication. it also discusses the steps to becoming a project manager, including gaining experience, learning tools, and certifications, with insights into salary data and interview preparation.', 'chapters': [{'end': 23195.078, 'start': 23028.129, 'title': 'Effective project management skills', 'summary': 'Discusses the essential skills and roles of a project manager, including thinking capability, risk management, setting project scope, managing budget, effective communication, team performance tracking, and documentation. it also covers the average salaries of project managers in india and the united states, as well as the steps to become a project manager.', 'duration': 166.949, 'highlights': ['The average salary of a project manager in the United States is $83,215 per year, while in India, it is approximately 14 lakh rupees per annum, showcasing a significant difference in earnings between the two countries.', 'Effective communication is highlighted as one of the most important skills of a project manager, emphasizing the need to maintain constant communication with all stakeholders throughout the project to ensure its success.', 'The roles and responsibilities of a project manager are outlined, including setting project scope, developing a project plan, managing project deadlines, analyzing and controlling the project budget, tracking team performance, and providing detailed documentation of project management steps, highlighting the multifaceted nature of the role.']}, {'end': 23761.204, 'start': 23195.399, 'title': 'Steps to becoming a project manager', 'summary': 'Outlines the essential steps to becoming a project manager, including gaining project management experience, learning project management tools, and obtaining project management certifications. it also provides insights into what a resume for an aspiring project manager should include and discusses key interview questions about project management.', 'duration': 565.805, 'highlights': ['The Project Management Institute predicts 22 million new project management jobs by 2027.', "Having project management certifications, such as PMP, increases the value of an individual's certification and validates their dedication to the job.", 'Project management tools are widely used by organizations and learning these tools increases the chances of getting selected in those organizations.', "An aspiring project manager's resume should include a summary of their experience, emphasizing responsibilities, area of expertise, and skills, along with relevant education and certifications.", "A project manager's resume must showcase technical and non-technical skills acquired through years of experience and should highlight project management certifications like PMP.", 'The interview questions covered in the chapter provide insights into the role of project management and help aspiring project managers prepare for interviews.', "The definition of a project, the role of a project charter, and understanding project scope are key concepts essential for a project manager's understanding of project management.", 'The chapter provides a detailed explanation of the project life cycle, including the initiation, planning, execution, and closure stages, which are fundamental to project management.']}], 'duration': 733.075, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U23028129.jpg', 'highlights': ['The Project Management Institute predicts 22 million new project management jobs by 2027.', 'Effective communication is highlighted as one of the most important skills of a project manager, emphasizing the need to maintain constant communication with all stakeholders throughout the project to ensure its success.', 'The average salary of a project manager in the United States is $83,215 per year, while in India, it is approximately 14 lakh rupees per annum, showcasing a significant difference in earnings between the two countries.', "Having project management certifications, such as PMP, increases the value of an individual's certification and validates their dedication to the job.", 'Project management tools are widely used by organizations and learning these tools increases the chances of getting selected in those organizations.', 'The roles and responsibilities of a project manager are outlined, including setting project scope, developing a project plan, managing project deadlines, analyzing and controlling the project budget, tracking team performance, and providing detailed documentation of project management steps, highlighting the multifaceted nature of the role.', "An aspiring project manager's resume should include a summary of their experience, emphasizing responsibilities, area of expertise, and skills, along with relevant education and certifications.", 'The interview questions covered in the chapter provide insights into the role of project management and help aspiring project managers prepare for interviews.', "The definition of a project, the role of a project charter, and understanding project scope are key concepts essential for a project manager's understanding of project management.", 'The chapter provides a detailed explanation of the project life cycle, including the initiation, planning, execution, and closure stages, which are fundamental to project management.']}, {'end': 24972.149, 'segs': [{'end': 23997.884, 'src': 'embed', 'start': 23959.252, 'weight': 0, 'content': [{'end': 23965.319, 'text': 'So one needs to ensure the project management is not about deliverables in terms of doing the tasks.', 'start': 23959.252, 'duration': 6.067}, {'end': 23968.102, 'text': "It's about getting the deliverables from the team.", 'start': 23965.759, 'duration': 2.343}, {'end': 23975.982, 'text': 'So active involvement in terms of acquiring the resources, checking whether the accomplishment of results has happened,', 'start': 23969.016, 'duration': 6.966}, {'end': 23977.824, 'text': 'needs to be done throughout the project lifecycle.', 'start': 23975.982, 'duration': 1.842}, {'end': 23985.671, 'text': "So it's all about directing and manage project works and at the same time managing the knowledge which is acquired during the project lifecycle.", 'start': 23978.244, 'duration': 7.427}, {'end': 23993.057, 'text': 'The monitoring and controlling process groups involves the process for project manager to monitoring and controlling the project.', 'start': 23986.611, 'duration': 6.446}, {'end': 23995.682, 'text': 'Now. this involves reviewing.', 'start': 23993.74, 'duration': 1.942}, {'end': 23997.884, 'text': 'this involves creation of reports.', 'start': 23995.682, 'duration': 2.202}], 'summary': 'Project management involves active involvement in acquiring resources, monitoring progress, and managing knowledge.', 'duration': 38.632, 'max_score': 23959.252, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U23959252.jpg'}, {'end': 24475.282, 'src': 'embed', 'start': 24448.289, 'weight': 5, 'content': [{'end': 24455.334, 'text': 'project quality management, project resource management, project communications management, project risk management,', 'start': 24448.289, 'duration': 7.045}, {'end': 24458.737, 'text': 'project procurement management and project stakeholder management.', 'start': 24455.334, 'duration': 3.403}, {'end': 24467.675, 'text': 'The project integration management basically focuses on unification and integration of all the project to manage it in an integrated way.', 'start': 24459.187, 'duration': 8.488}, {'end': 24475.282, 'text': 'A project manager is also called as an integrator, which means a project manager should have an end-to-end visibility of the project.', 'start': 24468.175, 'duration': 7.107}], 'summary': 'Project management involves integrating and unifying various aspects including quality, resources, communications, risk, procurement, and stakeholder management. the project manager is responsible for end-to-end visibility of the project.', 'duration': 26.993, 'max_score': 24448.289, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U24448289.jpg'}, {'end': 24617.363, 'src': 'embed', 'start': 24593.217, 'weight': 2, 'content': [{'end': 24599.559, 'text': 'So in a given project when we establish a network diagram, so we may see multiple paths from beginning to end of the project.', 'start': 24593.217, 'duration': 6.342}, {'end': 24607.361, 'text': 'So some paths will be the longest path which is called as critical path and that will be the minimum time which is required to complete the project.', 'start': 24600.219, 'duration': 7.142}, {'end': 24614.322, 'text': 'So schedule management plan provides us a detailed schedule of a project, along with sequencing and duration,', 'start': 24607.801, 'duration': 6.521}, {'end': 24617.363, 'text': 'and at the same time that is considered as a scheduled baseline.', 'start': 24614.322, 'duration': 3.041}], 'summary': 'Project network diagram shows critical path, minimum time for completion, and detailed schedule in schedule management plan.', 'duration': 24.146, 'max_score': 24593.217, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U24593217.jpg'}, {'end': 24677.082, 'src': 'embed', 'start': 24651.78, 'weight': 6, 'content': [{'end': 24659.268, 'text': 'And cost perspective monitoring of the project happens based on what is that specific budget it has within that project has to done.', 'start': 24651.78, 'duration': 7.488}, {'end': 24661.211, 'text': 'That will become a baseline, cost baseline.', 'start': 24659.309, 'duration': 1.902}, {'end': 24664.033, 'text': 'So to measure the cost and schedule.', 'start': 24661.671, 'duration': 2.362}, {'end': 24672.379, 'text': 'a technique called earned value management is used, where the terminology like cost performance index, schedule, performance index, actual cost,', 'start': 24664.033, 'duration': 8.346}, {'end': 24677.082, 'text': 'earned value, planned value, budgeted completion estimate to complete.', 'start': 24672.379, 'duration': 4.703}], 'summary': 'Project monitoring uses earned value management with cost and schedule measurements.', 'duration': 25.302, 'max_score': 24651.78, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U24651780.jpg'}, {'end': 24735.503, 'src': 'embed', 'start': 24710.462, 'weight': 8, 'content': [{'end': 24717.245, 'text': 'So quality management focuses on establishing that quality management approach so that project compliance is maintained at the same time.', 'start': 24710.462, 'duration': 6.783}, {'end': 24721.347, 'text': 'The results what is delivered is as per the specification what is agreed.', 'start': 24717.765, 'duration': 3.582}, {'end': 24729.557, 'text': 'The resource management focuses on ensuring all the resources which are required for the project are acquired, configured, installed.', 'start': 24722.051, 'duration': 7.506}, {'end': 24735.503, 'text': 'If it is a technology resources, if it is a human resources, the necessary induction of the project,', 'start': 24729.838, 'duration': 5.665}], 'summary': 'Quality management ensures project compliance; resource management acquires and configures necessary resources.', 'duration': 25.041, 'max_score': 24710.462, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U24710462.jpg'}, {'end': 24826.4, 'src': 'embed', 'start': 24791.748, 'weight': 3, 'content': [{'end': 24793.329, 'text': 'So who is going to do the quality management?', 'start': 24791.748, 'duration': 1.581}, {'end': 24799.871, 'text': 'So roles and responsibilities needs to be clearly articulated, defined if it is a human resource in resource management.', 'start': 24793.349, 'duration': 6.522}, {'end': 24801.82, 'text': 'Coming to communication management.', 'start': 24800.399, 'duration': 1.421}, {'end': 24805.124, 'text': 'So communication I think plays very important role as we know.', 'start': 24802.161, 'duration': 2.963}, {'end': 24808.767, 'text': '90% of the time project manager spends on communications.', 'start': 24806.385, 'duration': 2.382}, {'end': 24813.152, 'text': 'Many times we see project managers like look only communicating.', 'start': 24809.488, 'duration': 3.664}, {'end': 24817.636, 'text': 'Many team members have told me mentioning that project manager only does communication.', 'start': 24813.172, 'duration': 4.464}, {'end': 24819.458, 'text': 'Project manager only ask questions.', 'start': 24817.696, 'duration': 1.762}, {'end': 24826.4, 'text': 'now this impression to the team gets created because they only see what project manager is doing is communication,', 'start': 24820.134, 'duration': 6.266}], 'summary': "Communication management is crucial, with 90% of the project manager's time spent on it.", 'duration': 34.652, 'max_score': 24791.748, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U24791748.jpg'}, {'end': 24915.576, 'src': 'embed', 'start': 24888.419, 'weight': 4, 'content': [{'end': 24893.063, 'text': 'But while doing this project, while doing the project management, lot of risk comes across.', 'start': 24888.419, 'duration': 4.644}, {'end': 24899.608, 'text': 'Project manager should keep identifying the risk, assessing the risk, analyzing the risks qualitatively and quantitatively,', 'start': 24893.423, 'duration': 6.185}, {'end': 24901.389, 'text': 'depending on the level of impact of the risk.', 'start': 24899.608, 'duration': 1.781}, {'end': 24906.073, 'text': 'So risk means we already know it is uncertainty of certain occurrence and outcome.', 'start': 24901.749, 'duration': 4.324}, {'end': 24907.474, 'text': 'It may be positive or negative.', 'start': 24906.213, 'duration': 1.261}, {'end': 24909.915, 'text': 'Positive, you can take advantage of that.', 'start': 24907.894, 'duration': 2.021}, {'end': 24912.175, 'text': 'You exploit it, you enhance it.', 'start': 24910.355, 'duration': 1.82}, {'end': 24915.576, 'text': 'Whereas negative risk, you mitigate, you respond.', 'start': 24912.575, 'duration': 3.001}], 'summary': 'Project managers must identify, assess, and analyze risks to manage uncertainty, both positive and negative.', 'duration': 27.157, 'max_score': 24888.419, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U24888419.jpg'}, {'end': 24958.085, 'src': 'embed', 'start': 24932.423, 'weight': 7, 'content': [{'end': 24937.324, 'text': 'So we need to ensure for this project what is that I am creating myself and using it.', 'start': 24932.423, 'duration': 4.901}, {'end': 24940.745, 'text': 'What is that I am going to procure from external suppliers.', 'start': 24938.044, 'duration': 2.701}, {'end': 24947.067, 'text': 'So whichever we decided in make or buy decisions, whichever we have decided that we need to procure from elsewhere.', 'start': 24941.265, 'duration': 5.802}, {'end': 24950.843, 'text': 'so procurement management plays an very important role here.', 'start': 24947.882, 'duration': 2.961}, {'end': 24956.985, 'text': 'so identification of what needs to be procured, what quantity we need to procure, who would be the best supplier?', 'start': 24950.843, 'duration': 6.142}, {'end': 24958.085, 'text': 'what are the criterias?', 'start': 24956.985, 'duration': 1.1}], 'summary': 'Procurement management is crucial in identifying what and how much to procure from external suppliers, and selecting the best supplier.', 'duration': 25.662, 'max_score': 24932.423, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U24932423.jpg'}], 'start': 23761.204, 'title': 'Project management fundamentals', 'summary': 'Covers project life cycle, process groups, and knowledge areas in project management, emphasizing milestone deliverables, 5 process groups, 10 knowledge areas, and essential aspects of project management.', 'chapters': [{'end': 23827.613, 'start': 23761.204, 'title': 'Understanding project life cycle', 'summary': 'Discusses the project life cycle, which involves various stages or phases, with milestone deliverables measured, activities, processes, and resources managed to accomplish results.', 'duration': 66.409, 'highlights': ['The project life cycle involves various stages or phases with milestone deliverables measured, activities, processes, and resources managed to accomplish results.', 'The project ends after accomplishing the objective, delivering ultimate results, and creating deliverables, or it may close prematurely.']}, {'end': 24328.566, 'start': 23827.613, 'title': 'Project management process groups', 'summary': 'Discusses the five process groups - initiation, planning, execution, monitoring and controlling, and closure - and their involvement in the project life cycle, including the specific activities and techniques used in each group.', 'duration': 500.953, 'highlights': ['The project management process groups include initiation, planning, execution, monitoring and controlling, and closure, each with specific activities and techniques used in the project life cycle.', 'The planning process group involves creating detailed plans for scope, time, cost, quality, resources, risk, procurement, stakeholders, communication, and integration, using various techniques such as expert judgment, analogous estimation, decomposition, PERT, and critical path method.', 'The execution process group focuses on the identification, allocation, and management of resources required for executing the project deliverables, emphasizing the importance of managing the project rather than getting involved in task-level activities.', 'The monitoring and controlling process group involves reviewing, creating reports, identifying deviations, and initiating change requests, essential for effective project success throughout the project life cycle.', 'The closure process group focuses on formally closing the project, including capturing lessons learned and completing formalities, and involves the validation and acceptance of deliverables before moving towards closure.', "The initiation process group includes activities such as developing the project charter, appointing the project manager, and identifying key stakeholders, with a formal declaration of the project manager's appointment and the importance of project charter approval and stakeholder requirements.", 'The planning process group defines detailed plans for the project, integrating various subsidiary plans for scope, time, cost, quality, resources, risk, procurement, stakeholders, and communication, using specific tools and techniques for each area.', "The identification, allocation, and management of project resources is a key focus of the execution process group, emphasizing the project manager's role in managing the project and acquiring resources throughout the project life cycle."]}, {'end': 24710.042, 'start': 24329.147, 'title': 'Project management knowledge areas overview', 'summary': 'Discusses the execution process group, monitoring and controlling process group, and the 10 knowledge areas in project management, emphasizing the importance of project integration management and the key aspects of scope, schedule, cost, and quality management.', 'duration': 380.895, 'highlights': ['Project integration management focuses on unifying and integrating all project processes, with a comprehensive project management plan created in this knowledge area.', 'The critical path method is used in schedule management to establish the longest path and minimum time required to complete a project.', 'Cost management involves budget allocation, cost baseline establishment, and monitoring based on the allocated budget using techniques like earned value management.', 'Project quality management focuses on ensuring compliance with defined processes, activities, and templates, as well as delivering according to agreed specifications.']}, {'end': 24972.149, 'start': 24710.462, 'title': 'Project management key areas', 'summary': 'Emphasized the essential aspects of project management, including quality, resource, schedule, cost, communication, risk, and procurement management, highlighting their importance and interdependencies.', 'duration': 261.687, 'highlights': ['Project manager spends 90% of the time on communications, playing a vital role in project management.', 'Risk management involves identifying, assessing, and analyzing risks, and developing response plans for both positive and negative risks.', "Procurement management is crucial for identifying, procuring, and selecting the best suppliers for the project's needs.", 'Resource management ensures the acquisition, configuration, and installation of all required resources, including technology and human resources.', 'Quality management focuses on maintaining project compliance and ensuring that delivered results align with the agreed specifications.']}], 'duration': 1210.945, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U23761204.jpg', 'highlights': ['The project life cycle involves various stages with milestone deliverables and resources managed.', 'The project management process groups include initiation, planning, execution, monitoring and controlling, and closure.', 'The critical path method is used in schedule management to establish the longest path and minimum time required.', 'Project manager spends 90% of the time on communications, playing a vital role in project management.', 'Risk management involves identifying, assessing, and analyzing risks, and developing response plans.', 'Project integration management focuses on unifying and integrating all project processes.', 'Cost management involves budget allocation, cost baseline establishment, and monitoring using earned value management.', 'Procurement management is crucial for identifying, procuring, and selecting the best suppliers.', 'Resource management ensures the acquisition, configuration, and installation of all required resources.', 'Project quality management focuses on ensuring compliance with defined processes and delivering according to agreed specifications.']}, {'end': 26205.784, 'segs': [{'end': 25007.954, 'src': 'embed', 'start': 24972.83, 'weight': 3, 'content': [{'end': 24973.951, 'text': 'And then procurement happens.', 'start': 24972.83, 'duration': 1.121}, {'end': 24977.015, 'text': 'So end to end management of the supplier.', 'start': 24974.492, 'duration': 2.523}, {'end': 24980.26, 'text': 'right from onboarding the suppliers, doing the bidder conference,', 'start': 24977.015, 'duration': 3.245}, {'end': 24984.686, 'text': 'establishing an agreement and then engaging with them for reviewing their performance.', 'start': 24980.26, 'duration': 4.426}, {'end': 24987.11, 'text': 'all these are involved as part of procurement management.', 'start': 24984.686, 'duration': 2.424}, {'end': 24990.695, 'text': 'The tenth knowledge area, the project stakeholder management.', 'start': 24987.651, 'duration': 3.044}, {'end': 24998.243, 'text': 'So stakeholder means any entity or individual who involves in the project directly or indirectly they are impacted.', 'start': 24991.155, 'duration': 7.088}, {'end': 25001.186, 'text': 'They influence the project and they get influenced.', 'start': 24998.784, 'duration': 2.402}, {'end': 25007.954, 'text': 'So very importantly if we think about the stakeholders, we can think about customers, we can think about sponsor, we can think about team members.', 'start': 25001.547, 'duration': 6.407}], 'summary': 'Procurement involves end-to-end supplier management, including onboarding, bidder conference, agreement establishment, and performance review. project stakeholder management includes entities like customers, sponsors, and team members.', 'duration': 35.124, 'max_score': 24972.83, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U24972830.jpg'}, {'end': 25039.55, 'src': 'embed', 'start': 25011.775, 'weight': 1, 'content': [{'end': 25014.736, 'text': 'so engaging with the stakeholders, managing the stakeholders,', 'start': 25011.775, 'duration': 2.961}, {'end': 25022.378, 'text': 'plays very important roles and if every nine knowledge areas there is something which are done right but something wrong done with the stakeholder management,', 'start': 25014.736, 'duration': 7.642}, {'end': 25024.219, 'text': 'entire project may go for toss.', 'start': 25022.378, 'duration': 1.841}, {'end': 25031.663, 'text': 'so one is to be very careful, understanding the dynamics associated with each of these 10 knowledge areas and then dealt with them accordingly.', 'start': 25024.219, 'duration': 7.444}, {'end': 25039.55, 'text': 'and integration management would integrate all of this, as I mentioned earlier, so that end-to-end visibility of the project can be seen.', 'start': 25031.663, 'duration': 7.887}], 'summary': 'Engaging with stakeholders and managing them is crucial for project success, as mishandling can lead to project failure in any of the 10 knowledge areas.', 'duration': 27.775, 'max_score': 25011.775, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U25011775.jpg'}, {'end': 25158.713, 'src': 'embed', 'start': 25094.111, 'weight': 0, 'content': [{'end': 25100.915, 'text': 'so, without having a clear plan, clear directions, so execution will not have any specific direction to take.', 'start': 25094.111, 'duration': 6.804}, {'end': 25102.717, 'text': 'so you cannot measure the deliverables.', 'start': 25100.915, 'duration': 1.802}, {'end': 25106.539, 'text': 'so what to do, when to do, who will do?', 'start': 25102.717, 'duration': 3.822}, {'end': 25110.301, 'text': 'all these are defined as part of the planning, and that plays a very important thing.', 'start': 25106.539, 'duration': 3.762}, {'end': 25112.903, 'text': 'so if you look at the entire framework of pmp,', 'start': 25110.301, 'duration': 2.602}, {'end': 25120.77, 'text': 'most of the processes out of 49 processes we can see in planning process group Almost like 24 processes out of 49,', 'start': 25112.903, 'duration': 7.867}, {'end': 25124.274, 'text': '50% of the processes almost can be seen in planning process group,', 'start': 25120.77, 'duration': 3.504}, {'end': 25129.98, 'text': 'which itself indicates how important the planning process group and planning activity for a project.', 'start': 25124.274, 'duration': 5.706}, {'end': 25136.14, 'text': 'So why the project plan is considered most significant? Let us look at few more points.', 'start': 25130.695, 'duration': 5.445}, {'end': 25138.242, 'text': 'So one is.', 'start': 25136.68, 'duration': 1.562}, {'end': 25142.585, 'text': 'it provides visibility in terms of what project is all about.', 'start': 25138.242, 'duration': 4.343}, {'end': 25146.689, 'text': 'what is that we are going to deliver and what kind of results are we going to create?', 'start': 25142.585, 'duration': 4.104}, {'end': 25148.05, 'text': 'what is that we are aiming for?', 'start': 25146.689, 'duration': 1.361}, {'end': 25149.271, 'text': 'We will get a better visibility.', 'start': 25148.07, 'duration': 1.201}, {'end': 25153.112, 'text': 'So next increases employee satisfaction because there is no confusion.', 'start': 25149.671, 'duration': 3.441}, {'end': 25158.713, 'text': 'Each team member understands what needs to be delivered and what is the performance of the team members.', 'start': 25153.712, 'duration': 5.001}], 'summary': 'Clear planning is crucial for project success. pmp framework emphasizes the significance, with 50% processes in the planning group.', 'duration': 64.602, 'max_score': 25094.111, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U25094111.jpg'}, {'end': 25214.241, 'src': 'embed', 'start': 25178.616, 'weight': 6, 'content': [{'end': 25180.137, 'text': 'And they have a clarity about it.', 'start': 25178.616, 'duration': 1.521}, {'end': 25182.858, 'text': 'Next is quality assurance and control.', 'start': 25180.837, 'duration': 2.021}, {'end': 25186.44, 'text': 'So as we know quality management is one of the knowledge areas.', 'start': 25183.459, 'duration': 2.981}, {'end': 25190.882, 'text': 'So doing timely audits, testing all the deliverables, compliance checks.', 'start': 25186.82, 'duration': 4.062}, {'end': 25194.084, 'text': 'So all these ensures the approach what we have selected.', 'start': 25191.342, 'duration': 2.742}, {'end': 25198.386, 'text': 'Covering all of this ensures the project is delivered as we planned.', 'start': 25194.524, 'duration': 3.862}, {'end': 25202.99, 'text': 'then reduces project risk, because all the risks are identified.', 'start': 25198.866, 'duration': 4.124}, {'end': 25207.074, 'text': 'we have understood what are the risks are and we keep identifying the risk and analyzing those.', 'start': 25202.99, 'duration': 4.084}, {'end': 25210.297, 'text': 'And when we say risk, there is one unique nature of risk.', 'start': 25207.374, 'duration': 2.923}, {'end': 25214.241, 'text': 'Where exactly the risk occurs, accordingly the impact to the projects will be there.', 'start': 25210.637, 'duration': 3.604}], 'summary': 'Quality management includes timely audits, testing, and compliance checks to ensure project delivery as planned, reducing project risk by identifying and analyzing risks.', 'duration': 35.625, 'max_score': 25178.616, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U25178616.jpg'}, {'end': 25303.062, 'src': 'embed', 'start': 25275.046, 'weight': 4, 'content': [{'end': 25277.588, 'text': 'who will get impacted are all called as stakeholders.', 'start': 25275.046, 'duration': 2.542}, {'end': 25284.553, 'text': 'Understanding who are those stakeholders, who are basically straight in terms of having impact or impacted.', 'start': 25277.928, 'duration': 6.625}, {'end': 25286.634, 'text': 'So we need to identify them and manage them.', 'start': 25284.933, 'duration': 1.701}, {'end': 25289.857, 'text': 'We may have a stakeholder like competition to our organization.', 'start': 25286.755, 'duration': 3.102}, {'end': 25292.398, 'text': 'But do we really manage them? Not required.', 'start': 25290.297, 'duration': 2.101}, {'end': 25293.618, 'text': 'We were required to be sensitive.', 'start': 25292.438, 'duration': 1.18}, {'end': 25294.799, 'text': 'What competition is doing?', 'start': 25293.698, 'duration': 1.101}, {'end': 25303.062, 'text': 'Is this project unique? So that the details of this project, the information about this project, is not leaked to the competition,', 'start': 25294.959, 'duration': 8.103}], 'summary': 'Identify and manage stakeholders, including competition, to protect project details.', 'duration': 28.016, 'max_score': 25275.046, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U25275046.jpg'}, {'end': 25362.968, 'src': 'embed', 'start': 25332.879, 'weight': 8, 'content': [{'end': 25336.643, 'text': 'so stakeholder may be anyone who is affected because of project.', 'start': 25332.879, 'duration': 3.764}, {'end': 25341.443, 'text': 'Stakeholder analysis plays an important role to identify and analyze their needs right?', 'start': 25337.162, 'duration': 4.281}, {'end': 25350.285, 'text': 'So the analysis is generally performed whenever there is a need of any clarifications over quantitative and qualitative data.', 'start': 25341.823, 'duration': 8.462}, {'end': 25357.627, 'text': 'The clarification helps in understanding the interest of the stakeholders, which plays a vital role in the success of the project,', 'start': 25350.805, 'duration': 6.822}, {'end': 25358.467, 'text': 'as I mentioned earlier.', 'start': 25357.627, 'duration': 0.84}, {'end': 25362.968, 'text': 'So next question for us what is the role of stakeholder in project management?', 'start': 25359.407, 'duration': 3.561}], 'summary': 'Stakeholder analysis clarifies needs and interests, vital for project success.', 'duration': 30.089, 'max_score': 25332.879, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U25332879.jpg'}, {'end': 25444.588, 'src': 'embed', 'start': 25417.845, 'weight': 9, 'content': [{'end': 25422.189, 'text': 'so let us look at some of the essential features required by project management tools.', 'start': 25417.845, 'duration': 4.344}, {'end': 25423.23, 'text': 'so risk management.', 'start': 25422.189, 'duration': 1.041}, {'end': 25432.563, 'text': 'just now we discussed about risk management and its importance if a project management tool assist while identifying and managing risk,', 'start': 25423.9, 'duration': 8.663}, {'end': 25436.505, 'text': 'because when we identify risk we update those in a risk register.', 'start': 25432.563, 'duration': 3.942}, {'end': 25444.588, 'text': 'so if tool has established this register where we can keep inputting this particular risks and keep alerting the specific details about,', 'start': 25436.505, 'duration': 8.083}], 'summary': 'Project management tools should support risk management by maintaining a risk register to identify and manage risks.', 'duration': 26.743, 'max_score': 25417.845, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U25417845.jpg'}, {'end': 25755.116, 'src': 'embed', 'start': 25713.23, 'weight': 10, 'content': [{'end': 25717.033, 'text': 'So that whom to ask for what will be known to the project manager.', 'start': 25713.23, 'duration': 3.803}, {'end': 25721.477, 'text': 'So the definition of project is like a temporary end over.', 'start': 25717.474, 'duration': 4.003}, {'end': 25724.879, 'text': "It's an activity that is used to create a unique product, service or results.", 'start': 25721.497, 'duration': 3.382}, {'end': 25726.28, 'text': 'We saw that, we understood already.', 'start': 25724.939, 'duration': 1.341}, {'end': 25729.683, 'text': 'Whereas program is a collection of related projects.', 'start': 25726.761, 'duration': 2.922}, {'end': 25734.288, 'text': 'which are managed as group to achieve better effectiveness and efficiency.', 'start': 25730.262, 'duration': 4.026}, {'end': 25740.978, 'text': "so when which you don't get when you manage a project individually, if you group it and manage, you can share resources,", 'start': 25734.288, 'duration': 6.69}, {'end': 25743.902, 'text': 'you can optimize other resources and cost.', 'start': 25740.978, 'duration': 2.924}, {'end': 25745.224, 'text': 'you can standardize.', 'start': 25743.902, 'duration': 1.322}, {'end': 25746.726, 'text': 'that you can achieve through program management.', 'start': 25745.224, 'duration': 1.502}, {'end': 25755.116, 'text': 'So portfolio management is again a group of projects and programs which may be related, unrelated, but strategic objective.', 'start': 25747.313, 'duration': 7.803}], 'summary': 'Project, program, and portfolio management optimize resources and costs for better effectiveness and efficiency.', 'duration': 41.886, 'max_score': 25713.23, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U25713230.jpg'}, {'end': 25838.961, 'src': 'embed', 'start': 25809.651, 'weight': 12, 'content': [{'end': 25815.316, 'text': 'Whereas program manager manages the program staff and the project manager providing leadership and vision.', 'start': 25809.651, 'duration': 5.665}, {'end': 25819.72, 'text': 'The portfolio manager may coordinate or manage the portfolio management staff.', 'start': 25815.776, 'duration': 3.944}, {'end': 25821.962, 'text': 'Then monitoring part of it.', 'start': 25820.581, 'duration': 1.381}, {'end': 25828.097, 'text': 'Project Manager monitors and controls tasks to produce the products, results or services of the project.', 'start': 25822.495, 'duration': 5.602}, {'end': 25833.459, 'text': 'Whereas Program Manager monitors the progress of components to lead the program to success.', 'start': 25828.577, 'duration': 4.882}, {'end': 25838.961, 'text': 'Portfolio Manager manages the aggregated portfolio performance and value indicators.', 'start': 25833.959, 'duration': 5.002}], 'summary': 'Program manager leads program staff, project manager monitors project tasks, and portfolio manager manages portfolio performance.', 'duration': 29.31, 'max_score': 25809.651, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U25809651.jpg'}, {'end': 25952.534, 'src': 'embed', 'start': 25885.985, 'weight': 13, 'content': [{'end': 25890.789, 'text': 'The success of the project is based on time taken to finish the project.', 'start': 25885.985, 'duration': 4.804}, {'end': 25897.135, 'text': 'the budget within which it is completed, the scope, the customer satisfaction, the quality defines the success.', 'start': 25890.789, 'duration': 6.346}, {'end': 25904.282, 'text': 'Whereas the program success is measured in terms of benefits it delivered as it expected from the program.', 'start': 25897.495, 'duration': 6.787}, {'end': 25910.127, 'text': 'Then the portfolio success is the aggregated performance of all its components, programs and projects.', 'start': 25904.722, 'duration': 5.405}, {'end': 25913.089, 'text': 'Question number 12.', 'start': 25911.468, 'duration': 1.621}, {'end': 25922.034, 'text': 'What are the skills a project manager must possess? Typically a project manager would require to have effective communication skills.', 'start': 25913.089, 'duration': 8.945}, {'end': 25928.677, 'text': 'So communication skills help in terms of establishing better relationship because it plays a vital role there.', 'start': 25922.614, 'duration': 6.063}, {'end': 25930.298, 'text': 'What do we communicate?', 'start': 25929.138, 'duration': 1.16}, {'end': 25931.539, 'text': 'When do we communicate?', 'start': 25930.358, 'duration': 1.181}, {'end': 25933.28, 'text': 'How do we communicate matters?', 'start': 25931.819, 'duration': 1.461}, {'end': 25936.822, 'text': "because it's not about just verbal communication or return communication.", 'start': 25933.28, 'duration': 3.542}, {'end': 25943.547, 'text': 'There is non-verbal communication through body languages, through expressions which individuals do the communication.', 'start': 25937.502, 'duration': 6.045}, {'end': 25948.311, 'text': 'So it is very essential to have a right method and right approach towards communication.', 'start': 25943.587, 'duration': 4.724}, {'end': 25950.933, 'text': 'So the project manager should possess that skill.', 'start': 25948.611, 'duration': 2.322}, {'end': 25952.534, 'text': 'Good leadership skills.', 'start': 25951.513, 'duration': 1.021}], 'summary': 'Project success depends on time, budget, scope, customer satisfaction, and quality. program success is measured by delivered benefits, while portfolio success is the overall performance of all components. a project manager should have effective communication and leadership skills.', 'duration': 66.549, 'max_score': 25885.985, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U25885985.jpg'}, {'end': 26077.57, 'src': 'embed', 'start': 26036.999, 'weight': 18, 'content': [{'end': 26044.841, 'text': 'we can think of teams while having some conflict resolutions which you take, team will have a conflict you may require to resolve.', 'start': 26036.999, 'duration': 7.842}, {'end': 26047.762, 'text': 'so suppliers related issues which needs to be resolved.', 'start': 26044.841, 'duration': 2.921}, {'end': 26054.545, 'text': 'so negotiation is very important, but always negotiations would be in the interest of both the involved parties.', 'start': 26047.762, 'duration': 6.783}, {'end': 26055.525, 'text': 'then critical thinking.', 'start': 26054.545, 'duration': 0.98}, {'end': 26060.171, 'text': 'So critical thinking in the sense not just seeing what is there.', 'start': 26056.286, 'duration': 3.885}, {'end': 26064.217, 'text': "it's about how to set it right, how to take it forward in the right direction.", 'start': 26060.171, 'duration': 4.046}, {'end': 26067.361, 'text': 'So what could cause visualizing things is very important.', 'start': 26064.317, 'duration': 3.044}, {'end': 26070.044, 'text': "Risk management skills, it's quite obvious.", 'start': 26067.821, 'duration': 2.223}, {'end': 26074.869, 'text': 'The most ignored area which I have seen throughout, is a risk management.', 'start': 26070.445, 'duration': 4.424}, {'end': 26076.129, 'text': "so I don't know what is the reason.", 'start': 26074.869, 'duration': 1.26}, {'end': 26077.57, 'text': 'risk is ignored.', 'start': 26076.129, 'duration': 1.441}], 'summary': 'Teams need conflict resolution, negotiation, critical thinking, and risk management skills.', 'duration': 40.571, 'max_score': 26036.999, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U26036999.jpg'}, {'end': 26123.956, 'src': 'embed', 'start': 26099.884, 'weight': 16, 'content': [{'end': 26108.633, 'text': 'Now scope management basically ensures project includes all those necessary things to be done in terms of activities, in terms of processes,', 'start': 26099.884, 'duration': 8.749}, {'end': 26113.451, 'text': 'in terms of resources that project objectives can be accomplished.', 'start': 26108.633, 'duration': 4.818}, {'end': 26120.814, 'text': 'so this particular process, project scope management, describes the project scope and documents how it will be designed,', 'start': 26113.451, 'duration': 7.363}, {'end': 26123.956, 'text': 'validated and controlled throughout the project life cycle.', 'start': 26120.814, 'duration': 3.142}], 'summary': 'Scope management ensures project includes necessary activities, processes, and resources to accomplish objectives.', 'duration': 24.072, 'max_score': 26099.884, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U26099884.jpg'}], 'start': 24972.83, 'title': 'Project management essentials', 'summary': 'Provides an overview of project management, covering 10 knowledge areas in pmbok, emphasizing project planning and stakeholder management, with planning processes comprising 50% of the processes. it also discusses project visibility, risk management, stakeholder analysis, project tools, the difference between projects, programs, and portfolio, project manager skills, and project scope management.', 'chapters': [{'end': 25138.242, 'start': 24972.83, 'title': 'Project management overview', 'summary': 'Covers the 10 knowledge areas in pmbok, emphasizing the significance of project planning and stakeholder management, with planning process group comprising 50% of the processes, crucial for baseline plans and subsidiary plans integration.', 'duration': 165.412, 'highlights': ['The planning process group in project management comprises 50% of the processes out of 49, indicating its paramount importance in the project lifecycle.', 'The stakeholder management is crucial, as any misstep in this area can jeopardize the entire project, emphasizing the need for careful understanding and management of stakeholders.', "Clear planning is vital for providing direction to project execution, enabling measurement of deliverables and defining 'what to do, when to do, and who will do', which significantly impacts project success.", 'The end-to-end management of suppliers, including onboarding, bidder conference, agreement establishment, and performance review, is integral to procurement management, highlighting its pivotal role in project success.']}, {'end': 25332.879, 'start': 25138.242, 'title': 'Project visibility and risk management', 'summary': 'Emphasizes the importance of project visibility, employee satisfaction, quality assurance, and risk management, highlighting the impact of clear project goals and risk identification on project success and stakeholder management.', 'duration': 194.637, 'highlights': ['The importance of project visibility and clarity for increased employee satisfaction and better delivery performance.', 'The role of quality assurance and control in ensuring project delivery as planned through timely audits, testing, and compliance checks.', 'The impact of clear risk identification and management on reducing project risks and understanding the varying impact of risks at different project stages.', 'The significance of stakeholder analysis in identifying and managing stakeholders, including the need for sensitivity in managing stakeholders like competition and active management of team members and customers.']}, {'end': 25692.934, 'start': 25332.879, 'title': 'Stakeholder analysis and project management tools', 'summary': 'Discusses the importance of stakeholder analysis in project management and outlines essential features of project management tools, emphasizing the need for risk management, resource management, dependencies, milestones, critical path, integration, agile workflow system, dashboards, customizable workflows, mobile application integration, and easy collaboration.', 'duration': 360.055, 'highlights': ['The chapter emphasizes the role of stakeholder analysis in understanding the interests of stakeholders, which is vital for project success, and mentions that stakeholder analysis is conducted to clarify quantitative and qualitative data to identify and analyze stakeholder needs.', 'It highlights the significance of essential features in project management tools, such as risk management, resource management, dependencies, milestones, critical path, integration, agile workflow system, dashboards, customizable workflows, mobile application integration, and easy collaboration, to ensure efficient and effective project management.', 'The detailed discussion includes the importance of risk management tools in identifying and managing risks, the role of project management tools in resource management, the establishment of Gantt charts and network diagrams for project flow visibility, and the capability of tools to integrate with other platforms for better collaboration and sharing of information.']}, {'end': 25910.127, 'start': 25693.655, 'title': 'Difference in projects, programs, and portfolio', 'summary': 'Explains the difference between projects, programs, and portfolio, highlighting their definitions, management roles, planning, and success measurement, emphasizing the strategic alignment and benefits achieved.', 'duration': 216.472, 'highlights': ['Programs are a collection of related projects managed as a group to achieve better effectiveness and efficiency, optimizing resources and costs.', 'Portfolio management involves grouping projects and programs with a common strategic objective of the organization, ensuring accomplishment of strategic objectives.', 'Project managers manage and coordinate the team to ensure success, while program managers manage the program staff and project manager, providing leadership and vision.', 'Success of the project is based on time taken to finish, budget, scope, customer satisfaction, and quality, while program success is measured in terms of benefits delivered as expected from the program.', 'Portfolio success is the aggregated performance of all its components, programs, and projects, emphasizing the strategic alignment and benefits achieved.']}, {'end': 26205.784, 'start': 25911.468, 'title': 'Project manager skills and project scope management', 'summary': 'Discusses the essential skills a project manager must possess, including effective communication, leadership, team management, negotiation, critical thinking, and risk management. it also delves into project scope management, emphasizing the collection of requirements, defining the scope, and creating the work breakdown structure to ensure project objectives can be accomplished.', 'duration': 294.316, 'highlights': ['The project manager must possess essential skills such as effective communication, leadership, team management, negotiation, critical thinking, and risk management, which are vital for successful project management.', 'Project scope management involves the collection of requirements, defining the scope, and creating the work breakdown structure, ensuring that project objectives can be accomplished.', 'The communication skills of a project manager are crucial for establishing better relationships, including non-verbal communication through body language and expressions, which play a vital role.', 'Effective negotiation skills are essential for ensuring the interests of both parties involved, such as customers, teams in conflict resolution, and suppliers, are taken into account.', 'Critical thinking is emphasized as the capability to visualize and set things right, as well as to identify and manage risks, which is often ignored but crucial for project success.']}], 'duration': 1232.954, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U24972830.jpg', 'highlights': ['The planning process group in project management comprises 50% of the processes out of 49, indicating its paramount importance in the project lifecycle.', 'The stakeholder management is crucial, as any misstep in this area can jeopardize the entire project, emphasizing the need for careful understanding and management of stakeholders.', "Clear planning is vital for providing direction to project execution, enabling measurement of deliverables and defining 'what to do, when to do, and who will do', which significantly impacts project success.", 'The end-to-end management of suppliers, including onboarding, bidder conference, agreement establishment, and performance review, is integral to procurement management, highlighting its pivotal role in project success.', 'The significance of stakeholder analysis in identifying and managing stakeholders, including the need for sensitivity in managing stakeholders like competition and active management of team members and customers.', 'The importance of project visibility and clarity for increased employee satisfaction and better delivery performance.', 'The role of quality assurance and control in ensuring project delivery as planned through timely audits, testing, and compliance checks.', 'The impact of clear risk identification and management on reducing project risks and understanding the varying impact of risks at different project stages.', 'The chapter emphasizes the role of stakeholder analysis in understanding the interests of stakeholders, which is vital for project success, and mentions that stakeholder analysis is conducted to clarify quantitative and qualitative data to identify and analyze stakeholder needs.', 'The detailed discussion includes the importance of risk management tools in identifying and managing risks, the role of project management tools in resource management, the establishment of Gantt charts and network diagrams for project flow visibility, and the capability of tools to integrate with other platforms for better collaboration and sharing of information.', 'Programs are a collection of related projects managed as a group to achieve better effectiveness and efficiency, optimizing resources and costs.', 'Portfolio management involves grouping projects and programs with a common strategic objective of the organization, ensuring accomplishment of strategic objectives.', 'Project managers manage and coordinate the team to ensure success, while program managers manage the program staff and project manager, providing leadership and vision.', 'Success of the project is based on time taken to finish, budget, scope, customer satisfaction, and quality, while program success is measured in terms of benefits delivered as expected from the program.', 'Portfolio success is the aggregated performance of all its components, programs, and projects, emphasizing the strategic alignment and benefits achieved.', 'The project manager must possess essential skills such as effective communication, leadership, team management, negotiation, critical thinking, and risk management, which are vital for successful project management.', 'Project scope management involves the collection of requirements, defining the scope, and creating the work breakdown structure, ensuring that project objectives can be accomplished.', 'The communication skills of a project manager are crucial for establishing better relationships, including non-verbal communication through body language and expressions, which play a vital role.', 'Effective negotiation skills are essential for ensuring the interests of both parties involved, such as customers, teams in conflict resolution, and suppliers, are taken into account.', 'Critical thinking is emphasized as the capability to visualize and set things right, as well as to identify and manage risks, which is often ignored but crucial for project success.']}, {'end': 28046.736, 'segs': [{'end': 26245.998, 'src': 'embed', 'start': 26225.211, 'weight': 4, 'content': [{'end': 26236.356, 'text': 'So validated scope is a process in monitoring and controlling which involves reviewing the deliverables with the customer or sponsor to ensure successful completion and formal acceptance of the deliverables.', 'start': 26225.211, 'duration': 11.145}, {'end': 26240.297, 'text': 'So formal acceptance is the key requirement when we validate the scope.', 'start': 26236.916, 'duration': 3.381}, {'end': 26245.998, 'text': 'If it is not according to the plan that is rejected and it is sent back for change and necessary corrections.', 'start': 26240.777, 'duration': 5.221}], 'summary': 'Validated scope involves reviewing deliverables for formal acceptance and necessary corrections.', 'duration': 20.787, 'max_score': 26225.211, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U26225211.jpg'}, {'end': 26290.326, 'src': 'embed', 'start': 26265.539, 'weight': 1, 'content': [{'end': 26274.402, 'text': 'so some of the most common and popular management tools which i have come across are listed here, like plutio, basecamp, teamwork projects,', 'start': 26265.539, 'duration': 8.863}, {'end': 26278.703, 'text': 'zoho projects, hasana jira, software, trello.', 'start': 26274.402, 'duration': 4.301}, {'end': 26284.024, 'text': 'i think details of this you may require to go to individual tool sections and then review those better,', 'start': 26278.703, 'duration': 5.321}, {'end': 26290.326, 'text': 'if you can able to create a comparison sheet always helps in terms of understanding what is that features, functionality each of this tool has.', 'start': 26284.024, 'duration': 6.302}], 'summary': 'Common management tools include plutio, basecamp, teamwork projects, zoho projects, asana, jira, software, and trello.', 'duration': 24.787, 'max_score': 26265.539, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U26265539.jpg'}, {'end': 26344.579, 'src': 'embed', 'start': 26319.314, 'weight': 3, 'content': [{'end': 26326.48, 'text': 'What is the significance of monitoring and controlling in the project lifecycle? So as we know, monitoring and controlling is a process group.', 'start': 26319.314, 'duration': 7.166}, {'end': 26332.505, 'text': "So this involves tracking the project's performance alongside the planned project management activities.", 'start': 26326.86, 'duration': 5.645}, {'end': 26336.71, 'text': 'This also focuses on comparing actual and planned performance.', 'start': 26332.885, 'duration': 3.825}, {'end': 26338.712, 'text': 'So we have defined that in the planning.', 'start': 26337.21, 'duration': 1.502}, {'end': 26344.579, 'text': 'So what needs to be accomplished, how it has to be accomplished, what templates are to be used, what needs to be delivered.', 'start': 26338.752, 'duration': 5.827}], 'summary': 'Monitoring and controlling in project lifecycle involves tracking performance and comparing actual vs planned activities.', 'duration': 25.265, 'max_score': 26319.314, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U26319314.jpg'}, {'end': 26666.619, 'src': 'embed', 'start': 26639.887, 'weight': 5, 'content': [{'end': 26647.537, 'text': 'The optimized scheduling of tasks provides the best possible output with the allocated resources, and that has to be done within the scheduled time,', 'start': 26639.887, 'duration': 7.65}, {'end': 26648.358, 'text': 'within the deadline.', 'start': 26647.537, 'duration': 0.821}, {'end': 26652.654, 'text': 'Question number 20, what do you understand by quality control?', 'start': 26649.133, 'duration': 3.521}, {'end': 26661.257, 'text': 'Now, quality control refers to activities needed to evaluate if the project meets all the requirements with respect to the scope of the project planning.', 'start': 26653.094, 'duration': 8.163}, {'end': 26666.619, 'text': 'Now when we say a control, we should think about the output of a project, the deliverable.', 'start': 26661.617, 'duration': 5.002}], 'summary': 'Optimizing task scheduling ensures maximum output within scheduled time and resources. quality control evaluates project deliverables against requirements.', 'duration': 26.732, 'max_score': 26639.887, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U26639887.jpg'}, {'end': 26992.149, 'src': 'embed', 'start': 26963.196, 'weight': 7, 'content': [{'end': 26969.759, 'text': 'so when we say agile, the terminology itself refers to quick response, flexible, moving faster.', 'start': 26963.196, 'duration': 6.563}, {'end': 26976.382, 'text': 'so while we do agile project management, it is very essential to look at the various dynamics around.', 'start': 26969.759, 'duration': 6.623}, {'end': 26977.762, 'text': 'so it may be a quick response.', 'start': 26976.382, 'duration': 1.38}, {'end': 26979.163, 'text': 'what you need to give right.', 'start': 26977.762, 'duration': 1.401}, {'end': 26983.925, 'text': 'so, predominantly agile methodologies are today adopted in various types of industries.', 'start': 26979.163, 'duration': 4.762}, {'end': 26992.149, 'text': 'so currently we see more and more in it and software industry, then product development marketing campaigns, even in constructing companies.', 'start': 26983.925, 'duration': 8.224}], 'summary': 'Agile methodologies are widely adopted in industries like it, software, product development, marketing, and construction.', 'duration': 28.953, 'max_score': 26963.196, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U26963196.jpg'}, {'end': 27261.703, 'src': 'embed', 'start': 27233.024, 'weight': 2, 'content': [{'end': 27234.946, 'text': 'that we need to understand now.', 'start': 27233.024, 'duration': 1.922}, {'end': 27236.167, 'text': 'more proactive in nature.', 'start': 27234.946, 'duration': 1.221}, {'end': 27241.372, 'text': 'the project manager or any manager who is more proactive, will basically visualize the future.', 'start': 27236.167, 'duration': 5.205}, {'end': 27246.995, 'text': 'so they act today so that tomorrow something negative, in fact will not happen.', 'start': 27241.972, 'duration': 5.023}, {'end': 27253.358, 'text': 'so a proactive project manager is actively able to determine the several communication needs of the stakeholders.', 'start': 27246.995, 'duration': 6.363}, {'end': 27258.401, 'text': 'so a proactive project manager is able to identify the risks in the early stage of the project.', 'start': 27253.358, 'duration': 5.043}, {'end': 27259.422, 'text': 'it is very essential.', 'start': 27258.401, 'duration': 1.021}, {'end': 27261.703, 'text': 'so what is that going to happen in future?', 'start': 27259.422, 'duration': 2.281}], 'summary': 'Being proactive helps project managers identify stakeholder needs and project risks early, ensuring a more positive future.', 'duration': 28.679, 'max_score': 27233.024, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U27233024.jpg'}, {'end': 27328.723, 'src': 'embed', 'start': 27300.445, 'weight': 8, 'content': [{'end': 27305.928, 'text': 'So as I mentioned any delay in any of the activities or tasks in the critical path delays the project itself.', 'start': 27300.445, 'duration': 5.483}, {'end': 27310.39, 'text': 'So monitoring on these activities in a critical path will become more important.', 'start': 27306.168, 'duration': 4.222}, {'end': 27314.793, 'text': 'So that project can happen as per the plan, as per the date what is given.', 'start': 27310.41, 'duration': 4.383}, {'end': 27322.897, 'text': 'So critical path method helps in determining the essential or critical path by finding out the longest stretch of dependent tasks.', 'start': 27315.013, 'duration': 7.884}, {'end': 27328.723, 'text': 'So that each dependencies, each flow from left to right, from beginning to end,', 'start': 27323.457, 'duration': 5.266}], 'summary': 'Critical path method helps in determining essential path, crucial for project completion.', 'duration': 28.278, 'max_score': 27300.445, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U27300445.jpg'}, {'end': 27367.913, 'src': 'embed', 'start': 27343.36, 'weight': 9, 'content': [{'end': 27349.382, 'text': 'So when we say planned value, planned value is the approved value of the work that needs to be completed within a given period.', 'start': 27343.36, 'duration': 6.022}, {'end': 27354.864, 'text': 'It serves as a baseline and needs to be calculated before work can be started.', 'start': 27349.822, 'duration': 5.042}, {'end': 27358.085, 'text': 'It is also known as budgeted cost of work schedule.', 'start': 27355.164, 'duration': 2.921}, {'end': 27364.971, 'text': 'So formula to calculate planned value is planned percentage of work completed into project budget.', 'start': 27358.627, 'duration': 6.344}, {'end': 27367.913, 'text': 'Assume your project budget is 10, 000.', 'start': 27365.371, 'duration': 2.542}], 'summary': 'Planned value is the approved work value, calculated as a percentage of project budget.', 'duration': 24.553, 'max_score': 27343.36, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U27343360.jpg'}, {'end': 27577.248, 'src': 'embed', 'start': 27553.386, 'weight': 10, 'content': [{'end': 27559.608, 'text': 'whereas the combination of earned value and actual cost helps us to understand whether project is within the budget,', 'start': 27553.386, 'duration': 6.222}, {'end': 27564.145, 'text': 'over budget or according to the plan Question number 29..', 'start': 27559.608, 'duration': 4.537}, {'end': 27567.326, 'text': 'What is the purpose of procurement management plan?', 'start': 27564.145, 'duration': 3.181}, {'end': 27573.247, 'text': 'The procurement management plan defines the procurement requirements and how it can be managed,', 'start': 27567.726, 'duration': 5.521}, {'end': 27577.248, 'text': 'from developing a procurement documentation through to contract closure.', 'start': 27573.247, 'duration': 4.001}], 'summary': 'Earned value and actual cost determine project budget status. procurement plan manages requirements and contracts.', 'duration': 23.862, 'max_score': 27553.386, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U27553386.jpg'}, {'end': 27647.747, 'src': 'embed', 'start': 27621.575, 'weight': 11, 'content': [{'end': 27629.518, 'text': 'This aim to help identify process improvements that can prevent future risks and to ensure best practices are repeated.', 'start': 27621.575, 'duration': 7.943}, {'end': 27634.998, 'text': 'Postmortems involve a combination of quantitative and qualitative data.', 'start': 27630.256, 'duration': 4.742}, {'end': 27640.661, 'text': 'It also includes qualitative data like end user, stakeholder and team satisfaction,', 'start': 27635.178, 'duration': 5.483}, {'end': 27645.503, 'text': 'potential for reuse and the quality of end deliverable that is perceived.', 'start': 27640.661, 'duration': 4.842}, {'end': 27647.747, 'text': 'Question number 31.', 'start': 27646.246, 'duration': 1.501}], 'summary': 'Identify process improvements to prevent risks and ensure best practices, combining quantitative and qualitative data.', 'duration': 26.172, 'max_score': 27621.575, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U27621575.jpg'}, {'end': 27795.941, 'src': 'embed', 'start': 27729.364, 'weight': 0, 'content': [{'end': 27738.729, 'text': 'A Gantt chart is helpful because it provides a detailed view of all tasks and ensures one can create a workable schedule and the right people are assigned to right tasks.', 'start': 27729.364, 'duration': 9.365}, {'end': 27742.531, 'text': 'It can be used to determine the practical aspect of the project.', 'start': 27739.149, 'duration': 3.382}, {'end': 27748.674, 'text': 'It enables to keep the team and sponsors informed about the progress of the project.', 'start': 27742.751, 'duration': 5.923}, {'end': 27751.403, 'text': 'Question number 33.', 'start': 27749.542, 'duration': 1.861}, {'end': 27760.409, 'text': 'What is the significance of the critical path method? So critical path method or CPM is a tool that is used to schedule project activities.', 'start': 27751.403, 'duration': 9.006}, {'end': 27768.093, 'text': 'So CPM is used to create a model that includes tasks required to complete the project, dependencies between the tasks,', 'start': 27760.869, 'duration': 7.224}, {'end': 27770.114, 'text': 'the durations required to complete an activity.', 'start': 27768.093, 'duration': 2.021}, {'end': 27774.757, 'text': 'The critical path is the longest path in all the available paths in the project,', 'start': 27770.375, 'duration': 4.382}, {'end': 27779.28, 'text': 'and the duration of the critical path will be the minimum time required by the project to complete.', 'start': 27774.757, 'duration': 4.523}, {'end': 27781.757, 'text': 'Question number 34.', 'start': 27780.017, 'duration': 1.74}, {'end': 27786.339, 'text': 'What are some tools required for arriving at improvement in processes?', 'start': 27781.757, 'duration': 4.582}, {'end': 27795.941, 'text': 'So, process improvement comprises a set of actions implemented by a company to enhance performance, cost reduction, increasing profits, etc.', 'start': 27786.739, 'duration': 9.202}], 'summary': 'Gantt chart tracks tasks, cpm schedules project activities, and process improvement enhances performance.', 'duration': 66.577, 'max_score': 27729.364, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U27729364.jpg'}, {'end': 27920.993, 'src': 'embed', 'start': 27898.74, 'weight': 13, 'content': [{'end': 27907.785, 'text': 'What do you understand by the term RAID? RAID log is a project management tool that tracks risks, actions, issues and decisions.', 'start': 27898.74, 'duration': 9.045}, {'end': 27910.927, 'text': 'It provides a simple way to organize the information.', 'start': 27908.166, 'duration': 2.761}, {'end': 27917.291, 'text': 'So the main advantages of RAID log is to enable you to think in an organized and strategic way.', 'start': 27911.308, 'duration': 5.983}, {'end': 27920.993, 'text': 'The RAID log has all the questions that could be asked by stakeholders.', 'start': 27917.591, 'duration': 3.402}], 'summary': 'Raid log is a project management tool tracking risks, actions, issues, and decisions, enabling organized and strategic thinking.', 'duration': 22.253, 'max_score': 27898.74, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U27898740.jpg'}, {'end': 28013.6, 'src': 'embed', 'start': 27986.821, 'weight': 15, 'content': [{'end': 27992.123, 'text': 'Waterfall model is in contrast agile model does not respond well to frequent changes.', 'start': 27986.821, 'duration': 5.302}, {'end': 27999.785, 'text': 'Any changes which comes in between while following the waterfall methodologies making that changes will be difficult and bit complex.', 'start': 27992.483, 'duration': 7.302}, {'end': 28002.057, 'text': 'Question 39.', 'start': 28000.757, 'duration': 1.3}, {'end': 28007.018, 'text': 'On what basis would you decide if a particular risk should be awarded or mitigated?', 'start': 28002.057, 'duration': 4.961}, {'end': 28013.6, 'text': 'The risks which are having high impact negative to the business are awarded by the organizations usually.', 'start': 28007.318, 'duration': 6.282}], 'summary': 'Waterfall model struggles with changes; high-impact risks are typically awarded by organizations.', 'duration': 26.779, 'max_score': 27986.821, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U27986821.jpg'}], 'start': 26206.004, 'title': 'Project management monitoring and control', 'summary': 'Discusses scope validation, project management tools, monitoring and controlling processes, risks, project insights, proactive project management, critical path method, risk management, and project tools, emphasizing their significance in project success and adherence to schedule and budget.', 'chapters': [{'end': 26353.589, 'start': 26206.004, 'title': 'Scope validation and control, project management tools, significance of monitoring and controlling', 'summary': 'Covers scope validation and control processes, project management tools such as plutio, basecamp, and microsoft project, and the significance of monitoring and controlling in the project lifecycle, emphasizing comparing actual and planned performance.', 'duration': 147.585, 'highlights': ["The significance of monitoring and controlling in the project lifecycle is to track the project's performance alongside planned activities, focusing on comparing actual and planned performance.", 'Scope validation involves reviewing deliverables with the customer or sponsor to ensure successful completion and formal acceptance, rejecting non-compliant deliverables and raising change requests if needed.', 'Control scope process involves monitoring the status of project and product scope, correcting deviations, and raising change requests if necessary.', 'Project management tools mentioned include Plutio, Basecamp, Teamwork Projects, Zoho Projects, Asana, Jira, Trello, Microsoft Project, and Primavera, each with its own advantages and disadvantages.', "Creating a comparison sheet for project management tools helps in understanding each tool's features and functionality, aiding in selecting the right tool for an organization and projects."]}, {'end': 26600.569, 'start': 26354.432, 'title': 'Project management monitoring and control', 'summary': 'Discusses monitoring and controlling processes, the role and responsibilities of project and program managers, types of risks in project management, and the difference between risk and issue in project management.', 'duration': 246.137, 'highlights': ['The role and responsibilities of project and program managers, including managing program level risks and issues, defining terms of reference for projects, and running projects according to policies and procedures.', 'Types of risks involved in project management, such as cost, schedule, performance, technology, legal, and market risks, and the importance of categorizing risks based on their impacts.', 'The difference between risk and issue in project management, with risk focused on future uncertainties and potential positive or negative impacts, while issues are present challenges with negative impacts.']}, {'end': 27210.538, 'start': 26600.889, 'title': 'Project management insights', 'summary': 'Covers the importance of project scheduling, quality control, team dynamics, work breakdown structure, spi, and the significance of agile project management, including the kanban, scrum, hybrid, and lean frameworks.', 'duration': 609.649, 'highlights': ['Project scheduling ensures a sequence of tasks for optimized output and timely completion, with a focus on resource allocation (e.g. estimated resources and planning).', 'Quality control involves validating deliverables, meeting stakeholder requirements, and identifying and addressing poor quality, ensuring project success by meeting predefined standards.', 'Understanding team dynamics involves various stages like forming, storming, norming, and performing, with forming being the initial stage where team members get introduced and understand their roles in the project.', 'Work breakdown structure (WBS) involves hierarchical decomposition to understand and organize the project work, aiding in effort, cost, and schedule estimation, as well as sequencing of tasks for better organization.', 'Schedule Performance Index (SPI) measures schedule efficiency and progress, with values below 1 indicating delays, above 1 indicating ahead of schedule, and 1 indicating adherence to the plan.', 'Agile project management emphasizes quick responses, flexibility, and high-quality deliverables, and is adopted across various industries for benefits like improved product quality, customer satisfaction, risk reduction, and faster ROI.', 'The Kanban framework facilitates real-time communication and visualizes work items on a board, promoting task completion and tracking project progression.', 'The scrum framework aids in delivering high-quality products and managing complex work, utilizing sprint, product backlog, and daily scrum, and involving roles like product owner, scrum master, and self-organizing team.', 'Hybrid framework combines agile and non-agile methods to handle requirement changes and deliver products in stages, while lean framework focuses on maximizing customer value with fewer resources and zero waste by eliminating bottlenecks and non-value adding activities.']}, {'end': 27647.747, 'start': 27210.939, 'title': 'Proactive project management and critical path method', 'summary': 'Discusses the importance of proactive project management, critical path method, and the concepts of planned value, actual cost, and earned value in project management, emphasizing their significance in ensuring project success and adherence to schedule and budget.', 'duration': 436.808, 'highlights': ['Proactive project management involves visualizing the future, identifying risks at an early stage, and determining stakeholder communication needs, enabling better project handling and risk mitigation.', 'The critical path method is crucial for determining project progress and ensuring adherence to the project schedule, with any delay in critical path activities directly impacting the project duration and completion.', 'The planned value represents the approved value of work to be completed within a given period, providing a baseline for project progress, while actual cost and earned value are key factors in assessing project performance in terms of schedule adherence and cost management.', 'The procurement management plan defines procurement requirements, contract management, risk considerations, and cost determinations, ensuring efficient procurement processes and effective contract closure.', 'Postmortem analysis in project management aims to identify process improvements, mitigate future risks, and ensure best practices are repeated, involving a combination of quantitative and qualitative data to evaluate stakeholder and team satisfaction, potential for reuse, and end deliverable quality.']}, {'end': 28046.736, 'start': 27647.747, 'title': 'Risk management and project tools', 'summary': 'Covers the purpose of a risk register, the use of gantt chart, critical path method, tools for process improvement, three point estimation method, raid log, techniques for defining scope, and the waterfall model in project management.', 'duration': 398.989, 'highlights': ['The critical path method (CPM) is used to schedule project activities and determines the minimum time required for project completion.', 'The Gantt chart provides a visual view of project tasks, their dependencies, and helps in creating workable schedules and keeping the team informed about project progress.', 'The three point estimation method, also known as PERT estimation, uses optimistic, pessimistic, and most likely estimates to increase the accuracy of cost and time estimates.', 'The RAID log is a project management tool that tracks risks, actions, issues, and decisions, enabling organized and strategic thinking.', 'Process improvement tools include comparing and baselining projects, flow charting, value stream mapping, cause and effect analysis, and hypothesis testing to enhance performance and reduce costs.', 'Techniques for defining scope involve expert judgment, product analysis, alternative generation, and facilitated workshops to ensure all steps are taken and find common ground for a project.', 'The waterfall model is a project management approach completed in linear phases, which may not respond well to frequent changes.']}], 'duration': 1840.732, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U26206004.jpg', 'highlights': ['The critical path method (CPM) determines minimum project completion time.', 'Project management tools like Plutio, Basecamp, and Jira have unique advantages.', 'Proactive project management involves early risk identification and stakeholder communication.', 'The significance of monitoring and controlling is to track project performance.', 'Scope validation ensures successful completion and formal acceptance of deliverables.', 'Project scheduling optimizes output and timely completion through resource allocation.', 'Quality control validates deliverables and meets predefined standards for project success.', 'Agile project management emphasizes quick responses, flexibility, and high-quality deliverables.', 'The critical path method is crucial for ensuring adherence to project schedule.', 'The planned value provides a baseline for project progress and cost management.', 'The procurement management plan ensures efficient procurement processes and effective contract closure.', 'Postmortem analysis aims to identify process improvements and mitigate future risks.', 'The Gantt chart provides a visual view of project tasks and their dependencies.', 'The RAID log tracks risks, actions, issues, and decisions for organized thinking.', 'Process improvement tools enhance performance and reduce costs in project management.', 'The waterfall model may not respond well to frequent changes in project management.']}, {'end': 29163.359, 'segs': [{'end': 28102.412, 'src': 'embed', 'start': 28063.794, 'weight': 0, 'content': [{'end': 28071.837, 'text': 'if you recall the terminologies like earned value, planned value, actual cost schedule, performance index, cost performance index,', 'start': 28063.794, 'duration': 8.043}, {'end': 28073.358, 'text': 'these are the terminologies.', 'start': 28071.837, 'duration': 1.521}, {'end': 28075.739, 'text': 'which comes as part of earned value management.', 'start': 28073.358, 'duration': 2.381}, {'end': 28081.361, 'text': 'it calculates the project performance and progress by combining constraints like time, scope and costs.', 'start': 28075.739, 'duration': 5.622}, {'end': 28084.033, 'text': 'So question 41..', 'start': 28082.111, 'duration': 1.922}, {'end': 28087.898, 'text': 'What is the difference in product lifecycle and project lifecycle?', 'start': 28084.033, 'duration': 3.865}, {'end': 28097.849, 'text': 'So project lifecycle refers to the sequence of stages or phases the project undergoes from the time it is initiated till it is closed.', 'start': 28088.138, 'duration': 9.711}, {'end': 28102.412, 'text': 'So this project life cycle involves 5 process groups,', 'start': 28098.289, 'duration': 4.123}], 'summary': 'Earned value management calculates project performance based on time, scope, and costs. project lifecycle involves 5 process groups.', 'duration': 38.618, 'max_score': 28063.794, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U28063794.jpg'}, {'end': 28198.673, 'src': 'embed', 'start': 28168.812, 'weight': 7, 'content': [{'end': 28175.477, 'text': 'Next question 43, what do you know about triple constraint, the triangle in project management?', 'start': 28168.812, 'duration': 6.665}, {'end': 28181.121, 'text': 'So, basically, the triple constraint refers to scope, schedule and cost right?', 'start': 28175.797, 'duration': 5.324}, {'end': 28187.025, 'text': 'So it helps in actually analyzing the project status, the way project is progressing,', 'start': 28181.421, 'duration': 5.604}, {'end': 28190.808, 'text': 'and these are the three critical considerations mainly which needs to be made.', 'start': 28187.025, 'duration': 3.783}, {'end': 28198.673, 'text': 'So further to these triple constraints, scope, time and cost, Quality, resource and risks are also considered as constraints.', 'start': 28191.208, 'duration': 7.465}], 'summary': 'Triple constraint in project management includes scope, schedule, and cost as critical considerations for analyzing project status and progress.', 'duration': 29.861, 'max_score': 28168.812, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U28168812.jpg'}, {'end': 28368.978, 'src': 'embed', 'start': 28320.576, 'weight': 2, 'content': [{'end': 28328.961, 'text': 'These help achieve the project objectives on set dates and delivery schedules decided by project management team and key stakeholders.', 'start': 28320.576, 'duration': 8.385}, {'end': 28332.998, 'text': 'Here are some tools and techniques to calculate activity durations.', 'start': 28329.634, 'duration': 3.364}, {'end': 28342.247, 'text': 'So those are expert judgment, analogous estimation, PERT method, three point estimates parametric estimating, alternative analysis,', 'start': 28333.558, 'duration': 8.689}, {'end': 28345.75, 'text': 'published estimating data, vendor bid analysis, etc.', 'start': 28342.247, 'duration': 3.503}, {'end': 28347.988, 'text': 'Question 49.', 'start': 28346.747, 'duration': 1.241}, {'end': 28352.93, 'text': 'What do you think about CSF critical success factor in a project management?', 'start': 28347.988, 'duration': 4.942}, {'end': 28361.014, 'text': 'So CSF, or critical success factor are found in the project management plan and can define what can be defined as success for the project.', 'start': 28352.99, 'duration': 8.024}, {'end': 28364.776, 'text': 'Some characteristics of critical success factor involved.', 'start': 28361.354, 'duration': 3.422}, {'end': 28368.978, 'text': 'For example, time was the project completed within the given time period.', 'start': 28365.056, 'duration': 3.922}], 'summary': 'Tools and techniques for activity durations include expert judgment, analogous estimation, pert method, and more, while critical success factors in project management plan define project success, such as completing within given time period.', 'duration': 48.402, 'max_score': 28320.576, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U28320576.jpg'}, {'end': 28445.52, 'src': 'embed', 'start': 28416.607, 'weight': 8, 'content': [{'end': 28419.429, 'text': 'Then best practices need to be applied at all stages.', 'start': 28416.607, 'duration': 2.822}, {'end': 28424.074, 'text': 'Proper communications must take place to ensure information is passed across.', 'start': 28419.75, 'duration': 4.324}, {'end': 28426.495, 'text': 'Question number 50.', 'start': 28424.754, 'duration': 1.741}, {'end': 28437.218, 'text': 'What do you understand by the term SOW? So SOW or Statement of Work is a document that includes and defines each aspect of the project.', 'start': 28426.495, 'duration': 10.723}, {'end': 28439.018, 'text': 'It is a foundation for the project plan.', 'start': 28437.398, 'duration': 1.62}, {'end': 28445.52, 'text': 'So before planning and executing, the SOW lays down the entire landscape of the project.', 'start': 28439.498, 'duration': 6.022}], 'summary': 'Sow is a foundational project document defining project aspects and landscape.', 'duration': 28.913, 'max_score': 28416.607, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U28416607.jpg'}, {'end': 28532.932, 'src': 'embed', 'start': 28503.326, 'weight': 3, 'content': [{'end': 28505.908, 'text': 'problems for an issue, to identify the root causes.', 'start': 28503.326, 'duration': 2.582}, {'end': 28510.431, 'text': 'So Fishbone Diagram is used in product development and troubleshooting processes.', 'start': 28506.428, 'duration': 4.003}, {'end': 28518.196, 'text': 'It helps in team brainstorming for potential causes and then represents them in a diagram based on their degree of importance.', 'start': 28511.051, 'duration': 7.145}, {'end': 28525.043, 'text': 'So, when this diagram is used, it helps us in identifying the possible causes of an issue,', 'start': 28518.776, 'duration': 6.267}, {'end': 28532.932, 'text': 'to develop a product that can address issue with current market offerings, to several areas of weakness or bottlenecks in the business process,', 'start': 28525.043, 'duration': 7.889}], 'summary': 'Fishbone diagram aids in identifying root causes and addressing weaknesses in product development and business processes.', 'duration': 29.606, 'max_score': 28503.326, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U28503326.jpg'}, {'end': 28571.836, 'src': 'embed', 'start': 28547.646, 'weight': 6, 'content': [{'end': 28557.17, 'text': 'the Pareto principle states that 80% of consequences come from 20% of causes indicating an unequal relationship between inputs and outputs.', 'start': 28547.646, 'duration': 9.524}, {'end': 28562.032, 'text': 'It can be applied to a range of areas like manufacturing, management and human resources.', 'start': 28557.55, 'duration': 4.482}, {'end': 28565.334, 'text': 'It is usually focused on businesses that are client-based.', 'start': 28562.533, 'duration': 2.801}, {'end': 28571.836, 'text': 'Some of the advantages of Pareto principles are increased productivity, increased profitability,', 'start': 28565.894, 'duration': 5.942}], 'summary': 'Pareto principle: 80% consequences from 20% causes, applicable to manufacturing, management, hr, client-based businesses, leading to increased productivity and profitability.', 'duration': 24.19, 'max_score': 28547.646, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U28547646.jpg'}, {'end': 28641.304, 'src': 'embed', 'start': 28616.858, 'weight': 9, 'content': [{'end': 28622.779, 'text': 'so in any given project, customer satisfaction is very important to ensure success of a project.', 'start': 28616.858, 'duration': 5.921}, {'end': 28629.461, 'text': 'in the scenario where customer expresses their dissatisfaction, one has to ensure understanding the reason for dissatisfaction.', 'start': 28622.779, 'duration': 6.682}, {'end': 28632.962, 'text': 'so are all the requirement fulfilled or not?', 'start': 28629.461, 'duration': 3.501}, {'end': 28638.243, 'text': 'project manager has to confirm that first, was customer involved in all decision making activities, etc.', 'start': 28632.962, 'duration': 5.281}, {'end': 28641.304, 'text': 'to confirm that this customer is informed about everything.', 'start': 28638.243, 'duration': 3.061}], 'summary': 'Customer satisfaction is crucial for project success. ensure all requirements are met and involve the customer in decision-making.', 'duration': 24.446, 'max_score': 28616.858, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U28616858.jpg'}, {'end': 28983.921, 'src': 'embed', 'start': 28956.725, 'weight': 5, 'content': [{'end': 28960.786, 'text': 'so one of the key thing which we need to know is spi and cpi.', 'start': 28956.725, 'duration': 4.061}, {'end': 28965.669, 'text': 'so spi is the schedule performance index, the cpi the cost performance index.', 'start': 28960.786, 'duration': 4.883}, {'end': 28974.474, 'text': "so when spi is lesser than one, which means project is behind schedule, When SPI is 1, then it's as per the schedule.", 'start': 28965.669, 'duration': 8.805}, {'end': 28978.918, 'text': 'If SPI is greater than 1, which means project is ahead of schedule.', 'start': 28974.875, 'duration': 4.043}, {'end': 28983.921, 'text': 'Similarly for CPI, if CPI is lesser than 1, project is over budget.', 'start': 28979.118, 'duration': 4.803}], 'summary': 'Spi and cpi indicate project schedule and cost performance.', 'duration': 27.196, 'max_score': 28956.725, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U28956725.jpg'}], 'start': 28046.736, 'title': 'Project management fundamentals', 'summary': 'Covers earned value management, project and product lifecycle, productivity metrics, milestone definition, activity time estimation, critical success factors, and essential project management interview questions, emphasizing the importance of these concepts in project progress and decision-making.', 'chapters': [{'end': 28239.472, 'start': 28046.736, 'title': 'Project management and lifecycle', 'summary': 'Discusses earned value management, project and product lifecycle, capability maturity model, triple constraint in project management, and decision support system, emphasizing the importance of these concepts in project progress and decision-making.', 'duration': 192.736, 'highlights': ['The earned value management (EVM) technique measures project progress using terminologies like earned value, planned value, and actual cost, along with constraints like time, scope, and costs.', 'The project lifecycle involves 5 process groups, 10 knowledge areas, and 49 processes, while the product lifecycle includes phases such as market introduction, growth, maturity, and decline.', 'The capability maturity model is an approach to refine development processes in an organization, providing an elaborated structure to define effective process features.', 'The triple constraint in project management refers to scope, schedule, and cost, critical considerations that impact project status and progress.', 'A decision support system (DSS) is used for decision-making activities in organizations, analyzing data sets and extracting information to solve complex problems.', 'General metrics are used to calculate project progress, ensuring it is on track.']}, {'end': 28571.836, 'start': 28239.872, 'title': 'Project management essentials', 'summary': 'Covers essential project management concepts including productivity metrics, milestone definition, activity time estimation, critical success factors, statement of work, fishbone diagram usage, and pareto principle application.', 'duration': 331.964, 'highlights': ['The Pareto principle states that 80% of consequences come from 20% of causes indicating an unequal relationship between inputs and outputs, applicable in various areas like manufacturing, management, and human resources.', 'The Fishbone Diagram, also known as the Ishikawa Diagram, is a visualization tool used to categorize potential causes for an issue and to identify the root causes, and it is commonly used in product development and troubleshooting processes.', 'The critical success factors (CSF) in project management plan define what constitutes success for the project, including aspects such as time, cost, quality, stakeholder acceptance, project changes, commitment, specific project goals, conflict resolution, leadership, risk management, project planning, best practices, and communication.', 'The Statement of Work (SOW) is a foundational document for a project, defining its purpose, scope, tasks, milestones, deliverables, schedule, success criteria, requirements, and other necessary considerations, and it can be categorized into design details, level of effort, and time and materials.', 'Activity time estimation involves evaluating the number of work periods required to finish individual activities with the resources available, aiding in achieving project objectives and delivery schedules, and it utilizes tools and techniques such as expert judgment, analogous estimation, PERT method, three-point estimates, parametric estimating, alternative analysis, published estimating data, and vendor bid analysis.']}, {'end': 29163.359, 'start': 28571.836, 'title': 'Project management q&a and challenges', 'summary': 'Covers essential project management interview questions including project details, customer satisfaction, team motivation, and challenges, emphasizing the importance of customer satisfaction, team motivation, and tools in project management.', 'duration': 591.523, 'highlights': ["Project Manager's responsibility in ensuring customer satisfaction, including identifying project details, customer involvement, and addressing dissatisfaction, is crucial for project success.", 'The role of project manager in keeping the project team motivated through engagement, rewards, recognition, conflict management, mentoring, coaching, and training to ensure project success.', "Challenges faced while using project management tools include tool selection, features, customization, team's ability to work with the tool, and skills, impacting project efficiency.", 'Recognizing and correcting project deviations through specific approach and performance indices like SPI and CPI, as well as audits and testing, is crucial for ensuring project stays on track and meets quality standards.', 'Engaging with remote teams and managing outsourced resources requires different dynamics and communication strategies to ensure the performance of the team members is well known and communicated regularly.']}], 'duration': 1116.623, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/uWPIsaYpY7U/pics/uWPIsaYpY7U28046736.jpg', 'highlights': ['The earned value management (EVM) technique measures project progress using terminologies like earned value, planned value, and actual cost, along with constraints like time, scope, and costs.', 'The project lifecycle involves 5 process groups, 10 knowledge areas, and 49 processes, while the product lifecycle includes phases such as market introduction, growth, maturity, and decline.', 'The critical success factors (CSF) in project management plan define what constitutes success for the project, including aspects such as time, cost, quality, stakeholder acceptance, project changes, commitment, specific project goals, conflict resolution, leadership, risk management, project planning, best practices, and communication.', 'The Fishbone Diagram, also known as the Ishikawa Diagram, is a visualization tool used to categorize potential causes for an issue and to identify the root causes, and it is commonly used in product development and troubleshooting processes.', 'Activity time estimation involves evaluating the number of work periods required to finish individual activities with the resources available, aiding in achieving project objectives and delivery schedules, and it utilizes tools and techniques such as expert judgment, analogous estimation, PERT method, three-point estimates, parametric estimating, alternative analysis, published estimating data, and vendor bid analysis.', 'Recognizing and correcting project deviations through specific approach and performance indices like SPI and CPI, as well as audits and testing, is crucial for ensuring project stays on track and meets quality standards.', 'The Pareto principle states that 80% of consequences come from 20% of causes indicating an unequal relationship between inputs and outputs, applicable in various areas like manufacturing, management, and human resources.', 'The triple constraint in project management refers to scope, schedule, and cost, critical considerations that impact project status and progress.', 'The Statement of Work (SOW) is a foundational document for a project, defining its purpose, scope, tasks, milestones, deliverables, schedule, success criteria, requirements, and other necessary considerations, and it can be categorized into design details, level of effort, and time and materials.', "Project Manager's responsibility in ensuring customer satisfaction, including identifying project details, customer involvement, and addressing dissatisfaction, is crucial for project success."]}], 'highlights': ['PMP certification results in certified professionals landing the highest paid jobs, with a 20% higher salary than the average.', 'The critical path method (CPM) determines minimum project completion time.', 'The chapter covers essential concepts in project management including project planning, cost, quality, communication, and PMP exam preparation.', 'The project management process groups include initiation, planning, execution, monitoring and controlling, and closure.', 'The six constraints in project management are scope, time, quality, cost, risk, and resources, each playing a crucial role in project success by ensuring clarity in scope, schedule, cost, quality management, and risk assessment.', 'The 8-hour project management course covers fundamentals, essentials, overview, planning, tools, excel, time and schedule management, cost management, quality management, staffing, stakeholder and resource management, project tools, trello and agile, pmp certification, skills, career path, monitoring and control, project life cycle, and earned value management, providing comprehensive insights into key project management areas and earning potential.', 'The critical role of effective communication management in projects, emphasizing the need for specific objectives, frequency, language, and impact of communication on stakeholders, with project managers spending a significant amount of time on communication.', 'The project life cycle involves various stages with milestone deliverables and resources managed.', 'The project cost management processes involve estimating, budgeting, and controlling costs.', 'The project scope management involves the collection of requirements, defining the scope, and creating the work breakdown structure, ensuring that project objectives can be accomplished.']}