Project management is quite simple to understand. No need to complicate things unnecessarily.

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Welcome to this week's episode where I simplify project management for you.

To make it applicable to the majority of the audience, I teach the Project Management Institute (PMI) project management framework.
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Manuals and frameworks are always boring. So, to make project management more interesting for you, I conducted a project to demonstrate which steps to take and when.

You won't regret spending 50 minutes learning the basics of a wonderful practice called project management.

While I highly recommend watching the entire session without skipping it, for those of you just looking for snippets of information, below is the video index;

03:03 What is a project, program and portfolio and how are they different from operations?
04:08 Project = Project Life Cycle + Project Management Process
04:43 Project life cycle
06:52 Process groups
09:27 LIG, PMP or CAPM certification, which is right for you? [Hint: I'm biased!]
11:53 Process groups – Introduction
1:06 p.m. Process groups – Initiation – Project charter
4:50 p.m. Process groups – Initiation – Stakeholder identification
6:17 p.m. Process groups – Planning
8:30 p.m. Process groups – Planning – Requirements gathering
10:45 p.m. Process Groups – Planning – Scope Definition
24:41 Process groups – Planning – Baseline scope
25:12 Process Groups – Planning – Work Breakdown Structure (WBS)
32:22 Process Groups – Planning – WBS Dictionary and Scope Creep
34:39 Process groups – Planning – Time management / Developing a schedule
36h00 Process groups – Planning – Gantt chart
37:38 Process Groups – Planning – Quick Project Tracking and Project Crash
38:52 Process groups – Planning – Cost management
39:42 Process groups – Planning – Budgeting (for PMP or CAPM takers)
41:02 Process groups – Execution
42:04 Process groups – Execution – Gold plating
43:16 Process groups – Monitoring and control
45:00 Process groups – Monitoring and control – Earned value
47:57 Process Groups – Closing Process Group

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What is a project ? This definitely has a sexy tone to it, doesn't it? Project…

I love the way it sounds. I wonder how cool that must sound in French.

Project…
Well, the project is a temporary attempt to create a unique solution.
Yeah, those are the operations. No
Well, the difference between a project and operations is quite simple. A project ends. So it's temporary. You implement your project, you close it, you create a product/service/or whatever outcome you wanted, and then you're done.
Whereas in operations, it is continuous and repetitive.
You may also have heard of the terms program and portfolio. Let me quickly explain them here. The program is made up of several implemented projects.

Combined. And Portfolio is the same. Several programs implemented.
It is therefore a project, a program, a portfolio.
Now, before we go further and dive deep. You need to understand something crucial. To execute any project you need 2 methodologies.
The first is the project life cycle and the second is the project management process.
Most people confuse these 2. And if these are not clear, you can say goodbye to PMP certification. It's absolutely amazing how many content creators on YouTube confuse these two. They are not interchangeable. You cannot afford to confuse a project life cycle with a project management process.
Don't worry, I'll make it easy for you.
Let's start with the project life cycle.
The project life cycle is unique to a project, an industry and your needs.

It's highly customizable. Think about it like this; human development is a project.
So your life cycle is:
1) Design
2) Birth
3) Childhood
4) Teenage hood. Teenage balaclava. Is it a word? Adolescence?
5) Adulthood
6) And death
Easy stuff, right? So now if this was an IT project. I'm not a computer person but I would like something like this;
High level design
Detailed design
Coding
Essay
Facility
And the turnover
This is the project life cycle.
The term cycle is a bit confusing here. I think. But who knows.

This video covers:
project management
project management institute
Professional certification in PMP project management
project life cycle
PMI project management
manage a project
the fundamentals of project management
the fundamentals of project management
project management for beginners
project management course

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