Identifying Risk (PMBOK6 Aligned)

Project Planning in practice is derived from actual experience and aims to teach know-how of planning. This course is created for all professionals regardless of their level of experience with project management. The course translates fundamentals of planning in practice and provides students with the necessary knowledge to start planning themselves. During the course students will learn:How to organize the project Where to start with planningHow to build and structure a plan How to estimate time and provide realistic timelinesHow to create a plan from scratchHow to manage the plan during the project life cycleUnderstand constraints around the project that affect the planLearn to identify risks, issues, assumptions and dependencies and their relationship with planningThe role planning plays in managing a project and building a relationship with stakeholdersHow to manage changes and how the plan evolves with examplesProject planning is a complicated process to begin with , but with the help of this course you will have a good foundation to step on in your professional assignments. Exercises has been added to the course to test the knowledge received and be able to create a plan from scratch after the tutor's demonstration. Project planning is important to effectively manage any project success and this course will answer a lot of the questions you may have and ease the frustrations of putting it all together.

Business Acumen for HR: Master Strategy and FinanceEarly in her HR career, Anna sat through meeting after meeting where decisions were made—about hiring, restructuring, budgeting—without ever being asked for input. Not because she lacked experience, but because she couldn’t translate her HR insights into business terms. Everything changed when she started to understand business strategy and financial language. Within a year, Anna was promoted and began leading initiatives directly tied to company growth.This course is designed to help HR professionals make that same leap—from support role to strategic partner.Business Finance for HR is a comprehensive course created for HR specialists who want to truly understand how business works and how to make HR a revenue-driving function. You’ll learn how to read financial statements, analyze business models, justify your HR projects with data, and align your people strategies with executive goals.We won’t just explore theory—we’ll work through real tools, models, and company cases to help you apply what you learn immediately.What you’ll learn in this course:Module 1: The Organization and Its EnvironmentEnvironmental scanning with STEEPLE and SWOTStrategic alliances and outsourcing decisionsHR models, customer focus, change managementModule 2: Competitive Strategy and the Labor MarketMarket structures and competitive analysisPorter’s Five Forces, Boston MatrixPsychological contracts and workforce planningModule 3: Government and the EconomyTools of economic policyThe role of inflation, interest rates, and central banksCompany types a

Outsourcing task is one of the strategies that companies can use to keep costs of essential functions as low as possible. when the right outsourcing partners are chosen the end result is that those tasks are performed efficiently and the business benefits from the expertise of those partners. Choosing the right partners requires understanding what needs the outsourcing will meet how the partners go about accomplishing those tasks and determining if those policies and procedures are in harmony with the corporate culture in your company. Figure out which tasks could be outsourced and save the company money. Identifying what tasks to outsource as well as the outsourcing benefits the company will reap set the stage for finding the right outsourcing partners. There are a variety of reasons to outsource including cost savings a lack of in-house skills shorter-duration tasks or projects and expansion into new market. Outsourcing can be useful for one-time needs such as the creation of a logo. The best tasks to outsource are those that require specialized equipment or skills sets that your company or your employees do not possess. For example you may need an experienced website designer to update your website but do not do so frequently enough to hire a full-time web developer. Alternatively you may want to outsource repetitive tasks like data entry or shipping products that require infrastructure and simple training to complete. Many companies find that outsourcing payroll task helps to reduce accounting expenses significantly. The best rules of outsourcing focus on clear goal definition, stringent partner selection, comprehensive contracts, and active, regular monitoring to ensure quality and compliance. Key rules include outsourcing non-strategic tasks, setting SMART objectives and mitigating security risk through detailed, written Service Level Agreements ( SLAs)

This course introduces the principles of cost benefit analysis and provides a clear structure for conducting or evaluating a cost benefit analysis. The course begins by discussing what cost benefit analysis can be used for, in what kinds of situations it has been used in real life, and why it is preferred to some other methods for analysing whether a project should be implemented or not. It then moves on to introduce 10 steps for conducting a cost benefit analysis, and explains these steps carefully one by one. Examples and references to real life are provided throughout the course. Additionally, throughout the steps one particular example is followed through to provide some flesh to the story. After the steps, the course also discusses some shortcomings of the method and the importance of making policy recommendations after the analysis. After the course the student should have a clear overview of cost benefit analysis and its possibilities, but also be aware of the shortcomings of the method. The student knows the structure or the cost benefit analysis and can use the structure to conduct their own analysis or evaluate an existing one.

Projects are a lot of work, and ensuring they successfully deploy can be challenging. It can be tempting to let the development team do some testing and then launch... but this can be a very risky gamble as critical test scenarios may be missed, the business may not be bought in and bugs may escape. At one extreme this can result in project failure.This is where a User Acceptance Test, or UAT, comes in. Running a UAT will help ensure a successful deployment by throughly testing your product before it launches. This testing includes involvement by the teams who will use the new tool (the business), a robust examination of which scenarios need to be tested, and extensive testing to ensure the system meets their needs.UAT's give the project team a chance to correct any issues, and also exposes the customer or business team to how the project works, increasing engagement and buy-in.Why do UATs matter?UAT's are a critical phase in every project's lifecycle, but they can be challenging to organize and run. This course covers every aspect of running a successful UAT, including:1. Strategic Planning: Generating buy-in and excitement for a UAT is critical to it's success, as is putting together a solid team to help run it.2. Flawless Execution: UATs go beyond running tests. They also include effective communication, identifying champions, and tracking critical metrics and issues.3. Seamless Closure: Completing a UAT isn't just about finishing test scripts. Discover how to address every issue, obtain team consensus, and achieve the official sign-off for testing completion.UAT's are more than test scripts! They're about people. This course also covers the human element of UAT's, including:Securing Stakeholder Buy-In: Master the art of convincing stakeholders about the value

For most of us, email is the most common form of business communication so it’s important to get it right. Although emails usually aren’t as formal as letters, they still need to be professional to present a good image of you and your company. In this course you will learn how to write formal business emails and letters that are short, clear, and to the point. This course teaches you how to get results and build better relationships with clients, colleagues, and customers. Email is the communication tool of choice for most of us. Email's great because you don't have to be available at the same time as your conversation partner to communicate. There's one problem: most of us are drowning in emails. The average person using email for business receives and sends over 100 emails a day, according to a report published by the Radicati Group. On top of that, emails are all too easily misunderstood. A recent study by Sendmail found that 64% of people have sent or received an email that caused unintended anger or confusion. Because of the volume of emails we send and receive, and because emails are often misinterpreted, it's important to write emails clearly and concisely. In this course you will learn how to write clear, effective and professional business emails letters.