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Module 6: Quality Management

Click to Read: Lesson 1 – Introduction to Digital Marketing Digital marketing is the use of online platforms such as websites, social media, and search engines to promote products or services. It helps businesses reach more people and grow faster. Lesson 6.1: Quality Planning and Quality Assurance Introduction Quality is a cornerstone of successful project management. Without clear quality standards and assurance processes, a project may fail to meet stakeholder expectations, leading to wasted resources and dissatisfied customers. In this lesson, we will explore two critical components of quality management: Quality Planning and Quality Assurance. By the end, you will understand how to define quality standards, create quality plans, and ensure your project consistently meets those standards. What Is Quality in Project Management Quality in project management refers to meeting or exceeding stakeholder expectations by delivering outputs that fulfill their requirements. It is not ...

Module 5: Risk Management

👉Next module>> <<Previous module👈 Check and download the module 5 PDF Module 5 60% Complete 📘 Lesson 5.1: Introduction to Risk Management. Introduction Risk management is an essential part of project management. It involves identifying, assessing, and addressing potential events or conditions that could impact the success of a project. Risks can be positive (opportunities) or negative (threats). Proper risk management ensures that projects are prepared for uncertainties, which minimizes disruptions and increases the likelihood of success. In this lesson, we will explore the fundamentals of risk management, why it is important, and how to begin implementing it effectively. What Is Risk? A risk is any uncertain event or condition that can affect a project’s objectives. Risks can arise from various sources, including: Internal factors: Resource limitations, technical challenges, or team issues. External factors: Market fluctuations, regulatory changes,...

Module 4: Project Budgeting and Resource Management

  👉Next Module>> <<Previous Module👈 Check and download the module 4 PDF Module 4 50% Complete 📘 Lesson 4.1: Cost Estimation Methods and Budgeting Basics Introduction Cost estimation and budgeting are critical components of project management. They help ensure that a project is financially viable and that resources are allocated effectively. In this lesson, we will explore cost estimation methods, understand the basics of budgeting, and learn how to develop a reliable project budget. These skills are essential for avoiding financial overruns and ensuring project success. What Is Cost Estimation? Cost estimation involves predicting the total expenses required to complete a project. It considers all factors such as labor, materials, equipment, and other indirect costs. Accurate cost estimation helps in: Securing project funding. Managing resources efficiently. Preventing budget overruns. Cost Estimation Methods 1. Analogous Estimating Also called ...

Module 3: Project Scheduling and Time Management

👉First Exam>> 👉Next Module>> <<Previous Module👈  Check and download the module 3 PDF Module 3 30% Complete 📘 Lesson 3.1: Work Breakdown Structure  Introduction The Work Breakdown Structure (WBS) is a key project management tool that helps break down a project into smaller, manageable parts. It organizes tasks hierarchically, making it easier to plan, assign, and monitor progress. The WBS ensures that no part of the project is overlooked, helping the team achieve the project’s goals more effectively. In this lesson, we’ll explore what a WBS is, its components, and how to create one step by step. What Is a Work Breakdown Structure (WBS)? A WBS is a visual representation of the tasks needed to complete a project. It breaks the project into smaller deliverables, making it easier to organize and manage. The WBS answers the following questions: What are the major deliverables of the project? What tasks need to be done to complete each delivera...