Lynda – Business Acumen for Project Managers-0daytown

Lynda – Business Acumen for Project Managers

In today’s competitive marketplace, it’s not enough for a project manager to know how to implement the latest project management methodologies. To excel in the role, you must understand how business really works, and how to align your project with the larger purpose of your organization. In this course, learn core strategic and business management skills that can help to bolster your business acumen. Instructor Daniel Stanton begins the course by reviewing the key skills highlighted in the Project Management Institute (PMI) Talent Triangle, and explaining how strategy and business management fit into your professional development. Next, he explains how to align your project with the priorities of your organization, and effectively communicate the goals, benefits, and risks of your project to your stakeholders. Then, he walks through the different business functions in an organization, including marketing and sales, supply chain management, human resources, and information technology. To wrap up, Daniel explains how to leverage your business acumen to collaborate effectively with individuals throughout your organization.

Topics include:

* How stakeholders view your projects
* Defining the goals and benefits of a project
* Identifying and describing the risks associated with a project
* How sustainability can impact a project
* Process improvement methods
* Goals of marketing and sales
* Goals of human resources
* The importance of projects to for supply chain management
* Key financial and accounting documents