My Top 10 Project Management Concepts

[@Onlinepmcourses]

For more major concepts, I now have an archive of over 150 'What is...' videos in my Project Management Dictionary playlist: studio.kzbin.infoPLsz8d8r2a994mqQQVM2ELvjmx_CUJATMq/videos

[@bensexton254]

As a doctoral student at the University of West Florida majoring in HPT, I found this video to be extremely helpful in preparation for IRB approval!

[@Onlinepmcourses]

That's fantastic!

[@arungarg3612]

Thank you .You have made the topic clear .

[@Onlinepmcourses]

Thanks!

[@parmindersingh2654]

Hi, I watched your video regarding the project management that how beautifully You explained well and made me understand this concept. Your way of teaching about this concept is very easy to learn. Thanks, Regards Parminder singh

[@Onlinepmcourses]

Thank you for your comments, Parminder. It's a pleasure to make videos for people like you.

[@vijaysharma6312]

Hi, the video really helped me in understanding the major concepts of project management. Thankyou for sharing such good knowledge and concepts.

[@Onlinepmcourses]

That's my pleasure. For more major concepts, I now have an archive of over 150 'What is...' videos in my Project Management Dictionary playlist: studio.kzbin.infoPLsz8d8r2a994mqQQVM2ELvjmx_CUJATMq/videos

[@Shafiq.wazir.]

Thanks alot Dear Sir love from Pakistan

[@Onlinepmcourses]

You're welcome.

[@timmundorff2354]

Thanks, Mike. A bit off topic of this video, sorry, but what can you say about the belief on the part of stakeholders that the project manager must be an expert in the project subject matter or content? As skilled project managers using project methodology shouldn't we be capable of managing any project? In my industry (Media and Entertainment Systems Integration) the project manager often ends up being a subject matter expert (SME) who has no emphasis on PM concepts that has simply been saddled with being accountable for things going well.

[@Onlinepmcourses]

I have written about this a couple of times and I agree with you. Our specialism is Project management. Part of that skillset is making alliances with the experts we need to rely upon. We learn the basics so we can deploy the right expert at the right time. I should make a video on this!

[@wongklomwiswawaytie9879]

Great video. Thank you

[@Onlinepmcourses]

You're welcome.

[@KaranbeerSinghSidhu-b4w]

This whole video was very simply explained, but I specifically learned about the concept of project controlling highlights their crucial role in keeping us aligned with the original plan. It emphasizes monitoring progress, managing resources, and mitigating risks to ensure successful project execution. I've learned that effective project controls are the compass that guides us through the complexities of project management, helping us achieve our goals with precision and confidence. Thank you for helping us.

[@Onlinepmcourses]

You are very welcome. The 'how' of project management always comes down to two things: plans and controls.

[@walthue8353]

Hello, thank you for the video. Do you have any suggestions or a video on how to charge project manager time on a project? Clients #1 complaint is PM costs being too high. Appreciate any feedback.

[@Onlinepmcourses]

I don't really address this - although, Lindsay Scott touches on it in her guest article on my website: How to Start a Successful Career in Project Management Contracting - onlinepmcourses.com/how-to-start-a-successful-career-in-project-management-contracting/ The argument I would seek to make is for pricing on value - that is, the project should pay according to the value the PM delivers. Quantifying that, however - and agreeing the figure - is non-trivial! Maybe look at the cost of over-runs as a measure for the value a PM delivers in avoiding them. From the perspective of a former Big-4 PM consultant, we looked at the level of PM that was appropriate to the scale of the project and the politics of the client-side and then started from their standard fee. But, I do understand that smaller operations struggle with selling that level of simplicity! I am also tempted to say that the client who does not understand the value of PM services needs educating. The client who WILL NOT understand the value of PM services is one to avoid.

[@walthue8353]

@@Onlinepmcourses genius answer. appreciate the feedback and reference.

[@Onlinepmcourses]

@@walthue8353 That's what I'm here for! Do take a look at the article. Here are some other video that may spark ideas for you: - A Fixed Price Contract for Your Project: Pros and Cons kzbin.info/www/bejne/rorPf5qDl898ppo - Vendor Management: How to Work with Vendors kzbin.info/www/bejne/ZoawkJmpiciBi6M - How to Manage Vendors: Getting the Best Results kzbin.info/www/bejne/gJykm5WAdsaaebs - How to Work with Consultants kzbin.info/www/bejne/h3rTqWueZ8mCp5I

[@meorthejob]

Well done! I thought you’d include leadership or interpersonal skills as those as critical for PM. But I guess they’re not exclusively PM concepts. As always, thanks!

[@Onlinepmcourses]

Bruce, thank you. You are spot on. While leadership, communication, and other interpersonal skills are crucial for successful project management, they aren't really PM concepts. They stand on their own. Here I was trying to identify concepts from PM.

[@foundation2375]

Thanks a lot for your precious advice!

[@Onlinepmcourses]

You're very welcome!

[@foundation2375]

@@Onlinepmcourses You are doing great work! Your channel consists of a whole course for beginners PM! Hi from Ukraine )

[@Onlinepmcourses]

@@foundation2375 Thank you. And all my best wishes to you and the people of Ukraine 🇺🇦

[@foundation2375]

@@Onlinepmcourses We are staying strong!

[@kishork80]

Very precise but precious Mike.. Keep it up :)

[@Onlinepmcourses]

Thanks - will do!

[@AhmedAliIbr]

Thank you for very good 10 minutes video on Project management explaining the topic in a very crystal clear way.

[@Onlinepmcourses]

Glad it was helpful!