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Business Basics for Project Professionals (UMTPM200)
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Overview
This course provides a practical overview of basic principles of business management. The course covers topics in the areas of marketing, sales, finance, accounting, business law, organizational behavior, contracting, and procurement. It provides insight into key issues businesses face and how they are run.
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Objectives
To provide project professionals with the basic knowledge and skills they need to handle the business-end of projects.
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What You Will Learn
- Traits of today’s business environment, including downsizing, flattening, outsourcing, reengineering
- The role of strategy in business operations
- Different legal structures of business: sole proprietorship, LLC, partnership, S-corporation, C-corporation
- Finance and accounting basics
- Marketing and sales basics
- Operations management basics
- Role of information technology in business
- Basics of managing organizations and people
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PMBOK® Guide Process Areas
- Initiating
- Planning
- Executing
- Controlling
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PMBOK® Guide Knowledge Areas
- Project Human Resource Management
- Project Integration Management
- Project Scope Management
- Project Quality Management
- Project Communications Management
- Project Procurement Management
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Instruction
- Course modules containing cutting-edge knowledge developed by renowned experts in project management
- Course Textbook: The Ten-Day MBA: A Step-by-step Guide to Mastering the Skills Taught in America's Top Business Schools by Steven A. Silbiger
- "Think and Review" section that helps you review key points of the modules
- Answers to the "Think and Review" section
- A final exam which contains multiple choice and true/false questions
- Certificate of Completion, which makes students eligible for 30 PDU credits (given upon exam completion).
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