Project Development Practice Exam

About Project Development
Project development is the process and the facility of planning, organizing, coordinating, and controlling the resources to accomplish specific goals. The process takes a transportation improvement from concept through construction.

Project Development is the systematic use of resources, knowledge and practices to design and implement a given project and meet its goals and objectives under specific requirements. It is also defined as the process of transforming available project inputs into desired outputs by consuming available resources. The term is widely used in IT and software projects.

Why is Project Development important?
The purpose of project management is to foresee or predict as many dangers and problems as possible; and to plan, organise and control activities so that the project is completed as successfully as possible in spite of all the risks.

Project management is important because it ensures risks are properly managed and mitigated against to avoid becoming issues. Risk management is critical to project success. But having a robust process around the identification, management, and mitigation of risk is what helps prevent risks from becoming issues.

Who should take the Project Development Exam?
•    Project management professionals
•    Entrepreneurs or Innovators
•    Anyone who wants to assess their project management skills
•    Project managers and senior executives
•    Project management consultants
•    Professionals working in outsourced companies responsible for project management
•    Anyone who wants to learn the skills required for project management
•    Individuals who encounters project management within their day-to-day job
•    Students

Knowledge and Skills required for the Project Development

Specific skills are needed to excel in career of project development which includes analytical bent of mind and quick learning skills.

Project Development Practice Exam Objectives

Project Development exam focuses on assessing your skills and knowledge in concepts and application of Project Development

Project Development Practice Exam Pre-requisite

There are no prerequisites for the Project Development exam.

Project Development Certification Course Outline
1. Strategic Management
1.1 Strategic Management
1.2 Innovation Management
1.3 Change Management
1.4 Project Leadership

2. Project Planning
2.1 Project Stakeholders
2.2 Developing Project Charter
2.3 Project Scoping
2.4 Project Budgeting
2.5 Project Feasibility
2.6 Estimation Tools and Techniques
2.7 Project Appraisal
2.8 Handling Project Risk

3. Project Scheduling
3.1 Base Lining
3.2 Developing the Project Schedule
3.3 Priority Assignment
3.4 Allocating Project Time
3.5 Scheduling Techniques
3.6 Arrow Diagramming Method
3.7 Forward Pass
3.8 Backward Pass
3.9 Precedence Diagram Method
3.10 Line of Balance (LOB)
3.11 Project Crashing

4. Project Implementation
4.1 Team Development and Management
4.2 Vendor Management
4.3 Contract Management
4.4 Project Control Tools and Techniques
4.5 Project Scope Creep Management
4.6 Project Optimization
4.7 Project Delivery
4.8 Project Documentation
4.9 Project Performance Metrics and Tools

5. Project Quality
5.1 Quality Standards
5.2 Lean
5.3 Six Sigma
5.4 5S
5.5 Kaizen

6. Project Economics and Finance
6.1 Project Economics
6.2 Financial Techniques (EUAC, NPV, IRR, B/C)
6.3 Project Valuation
6.4 Depreciation
6.5 Life Cycle Costing
6.6 Project Funding and Selection
6.7 Project Accounting

Exam Format and Information
Certification name – Project Development Certification
Exam duration – 60 minutes
Exam type - Multiple Choice Questions
Eligibility / pre-requisite - None
Exam language - English
Exam format - Online
Passing score - 25
Exam Fees  - INR 1199