EdX

Gaining Business Acumen for Project Managers (edX)

Gaining Business Acumen for Project Managers (edX)

Learn to be a successful project professional by continuously evaluating the efforts of your projects and making sure that they are aligned with the goal of supporting your company's mission as well as adhering to compliance requirements. This course will provide the strategies to think about your project work as an integrated whole, so you can better align your project activities to the overall goals of your organization.

Class Deals by MOOC List - Click here and see EdX's Active Discounts, Deals, and Promo Codes.

To be a successful project professional, you must constantly evaluate the project efforts and key decisions to ensure that they are aligned with and support the organizational goals at the same time, meeting compliance requirements set by the organization and/or external entities.
Linked to the Strategic and Business Management skill area of the PMI Talent Triangle®, this course will highlight the connection between projects and organizational strategy. Learners will need to demonstrate knowledge of and expertise in the industry/organization, so as to align the project goals and objectives to the organizational goals and enhance performance to better deliver business outcomes. Additional topics in this module will include compliance management and an understanding of how internal and external factors impact project outcomes.
In a complex business environment, the project manager must be aware of the external landscape and internal requirements that can impact the project activities and outcomes:

  • Have a strong understanding of macro and micro influences
  • Interpret trends from both the macro and micro perspectives in order to factor these elements into the planning and delivery of business value
  • Identify compliance requirements and ensure their project efforts and execution adhere to compliance standards.
  • Learn how to structure the project in a way that makes it both strategic and compliant.
  • Consider how compliance can impact the cost, risk, and timeline of your project.
  • Learn strategies that make sure you are in accordance with regulations

Learners will gain insight into the strategies and tools to ensure the project is on track, while continually surveying internal and external factors. When considering changes in scope, you must consider how these could impact multiple project constraints. Additionally, course participants will discover how the adaptive environment enables the team to streamline modifications to the project direction to account for changing priorities.
By the end of the course, you will be exposed to the tools and techniques to ensure your projects are compliant and support your company's mission. By thinking about project management as an integrated whole, you can better align your activities and projects to the overall goals of your organization. Additionally, upon successful completion of this course, learners can earn 8 contact hours of project management education which are recognized by the Project Management Institute (PMI). A total of 35 contact hours in project management education are a requirement to those looking to achieve the Project Management Professional (PMP®)certification. Learners will finish this course with increased knowledge of the better practice tips to engage stakeholders and be more than ready to continue their project management and PMP® journey, which we hope completes your certificate with us.
This course is part of the Project Management Professional (PMP) Exam Prep Training- Crystalizing Methods, Terminology and Techniques Professional Certificate.

What you'll learn
At the end of the course learners will:

  • Plan for and manage compliance requirements of their projects
  • Identify and ensure delivery of project benefits
  • Evaluate and address external business environment changes
  • Recognize the tools and strategies to support the organization and support organizational change

Syllabus

Week 1: In the first week, participants will learn that good project management is about ensuring that the goals of projects closely align with the strategic goals of the business. One of the greatest challenges in projects is the need to comply with certain rules and regulations, both internal and external to the organization executing them.
Week 2: The second week will review the importance of benefits management to include, defining and investigating benefits, documenting agreement on ownership of benefits, establishing a measurement system to track benefits, evaluating the delivery options to demonstrate value, and keeping stakeholders apprised of the progress of the project to deliver value.
Week 3: The third week entails surveying changes to the external business environment, assisting and prioritizing the impacts on project scope, recommending options for project scope changes, and continually reviewing external business environment for impacts on the project scope.
Week 4: The fourth and final week puts a spotlight on the strategic focus of the project manager. Learners will grasp the concept that their project work supports the strategic goals of the organization and that change management is an important element of this. This course will also address how the selection of the choice of project management approach impacts organizational change efforts as well.

Go to Class
MOOC List is learner-supported. When you buy through links on our site, we may earn an affiliate commission.

Related Courses

IT Fundamentals for Business Professionals: Enterprise Systems (edX) EdX
Universitat Politècnica de València,UPValenciaX

IT Fundamentals for Business Professionals: Enterprise Systems (edX)

Working with Information Technology (IT) without the necessary background? Learn the fundamentals of Information Systems in a corporate environment. This course is one of the 5 courses of an introductory business information systems series, designed to introduce you to the amazing world of Information Technology.

Self Paced
Self-Paced
English for Doing Business in Asia - Speaking (edX) EdX
The Hong Kong University of Science and Technology - HKUST,HKUSTx

English for Doing Business in Asia - Speaking (edX)

Introducing strategies for developing your spoken English communication skills in the context of doing business in Asia. The use of English for doing business in multinational settings is a fact of life for many business people. As Asian economies expand and become more involved in the global economy, a lingua franca – a language used to communicate among groups of people who do not share a mother tongue – is needed to exchange information.

Self Paced
Self-Paced
Financial Accounting Made Fun: Eliminating Your Fears (edX) EdX
Babson College

Financial Accounting Made Fun: Eliminating Your Fears (edX)

Learn the language of financial accounting and how to use financial statement information to better manage and grow your business. Are financial statements a mystery to you? Do all those terms and metrics make your head spin? Do you avoid conversations with your finance leaders because you are not confident of your finance ability?

Self Paced
Self-Paced
Accounting and Finance (edX) EdX
Indian Institute of Management, Bangalore,IIMBx

Accounting and Finance (edX)

Develop financial acumen to manage your business successfully. This business course helps you to read and understand financial statements to evaluate how business performance is affected by four fundamental drivers of profitability viz., asset management, cost management, leverage management and tax management. It will also help you to identify areas for improvement.

Self Paced
Self-Paced
Creativity & Entrepreneurship (edX) EdX
Berklee College of Music,BerkleeX

Creativity & Entrepreneurship (edX)

Learn skills and listen to examples from world-renown entrepreneurs and innovators as they discuss the parallels between the creative and entrepreneurial journeys -- and why entrepreneurship, much like music or creativity, is something we all possess. Creativity & Entrepreneurship will help you tap into your inner creativity and learn how to leverage it for career development or business innovation.

Self Paced
Self-Paced
An Introduction to Credit Risk Management (edX) EdX
Delft University of Technology,DelftX

An Introduction to Credit Risk Management (edX)

What is credit risk? Why is it so important, in modern economies, to correctly deal with it? This course combines theory with practice to answer these questions. Imagine that you are a bank and a main part of your daily business is to lend money. Unfortunately, lending money is a risky business - there is no 100% guarantee that you will get all your money back. If the borrower defaults, you will face losses in your portfolio.

Self Paced
Self-Paced
Marketing Fundamentals: Who Is Your Customer? (edX) EdX
Babson College

Marketing Fundamentals: Who Is Your Customer? (edX)

Learn key marketing concepts to implement customer acquisition strategies to find the right customers and grow your business. In order to compete in an ever-changing market, business leaders must assess and respond to consumer needs and wants. Marketing is a means of creating value for consumers and engendering loyalty and enthusiasm for your product or service.

Self Paced
Self-Paced
System Design for Supply Chain Management and Logistics (edX) EdX
Chalmers University of Technology,ChalmersX

System Design for Supply Chain Management and Logistics (edX)

Learn how leading supply chains are designed, what makes them competitive and how to use the SCOR model for analysis to increase your business’s ROI. Logistics and supply chain structures can be found in virtually any system. In this business and management course you will learn not only what makes leading systems competitive but also how to design, or redesign, your own system.

Self Paced
Self-Paced
Advanced Corporate Strategy (edX) EdX
Indian Institute of Management, Bangalore,IIMBx

Advanced Corporate Strategy (edX)

Learn how to manage a multi-business firm using tools and frameworks of corporate strategy. This course is offered for students who seek advanced exposure to corporate strategy. It builds on IIMBx course “Strategic Management” which dealt with strategies for single business firms. The principal focus of this course will be the strategic issues that are faced by firms operating in more complex, multi-dimensional environments.

Self Paced
5-12 Weeks
Operations Management (edX) EdX
Indian Institute of Management, Bangalore,IIMBx

Operations Management (edX)

Understand key aspects of business operations and lean management including capacity, productivity, quality, and supply chain. Have you ever wondered about the right methods to improve productivity, configure your supply chain or address the demand on hand? In recent years, businesses have strived to improve productivity and quality, reduce costs and delivery times, and embrace flexibility and innovation. These strategies are part of the Operations Management (OM) activities that service and manufacturing organizations engage in.

Self Paced
Self-Paced