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Masterclass in Project Management

Masterclass in Project Management

The Master Class in Project Management is an advanced, in-depth program designed to take your project management expertise to the next level. It combines PMI-based project management principles with essential knowledge in finance, decision-making, and optimization techniques, enabling you to evaluate projects more effectively and make better strategic decisions.

The course goes beyond traditional training by integrating project management with broader business functions such as finance, operations, procurement, and customer interaction. Through a structured and practical approach, you will explore the full project life cycle, enriched with concepts such as agility, linear programming, and Critical Chain Project Management to manage complexity and adapt to changing environments.

By the end of the course, you will be equipped to improve both project execution and strategic project selection, positioning yourself for leadership roles. The program also supports certification goals, covering a substantial part of PMBOK® content and allowing you to claim up to 45 PMI PDUs, strengthening your professional profile and career opportunities.




$ 629.99
629.99 USD $ 629.99
$ 12,499.00
Responsible Luc De Ceuster
Last Update 07/10/2026
Completion Time 2 days 5 hours 53 minutes
Members 3
Advanced Project Management
  • Introduction (empty)
    7Lessons · 27 min
  • Section 1 - Finance and Projects (empty)
    14Lessons · 2 hr 27 min
    • 1.01 Content of Section 1
    • 1.02 Learning Outcomes of Section 1
    • 1.03 Principles of Project Evaluation and Decision Making using Financial Parameters
    • 1.04 Overview of Basic Financial Parameters (ROI and PBT)
    • 1.05 Projects and Time Value of Money
    • 1.06 Projects and Future Value of Money
    • 1.07 Project Profit, Net Present Value, and Profitability Index
    • 1.08 Manual Calculation of the NPV
    • 1.09 Defining the Internal Rate of Return
    • 1.10 Calculating the IRR with Successive Iterations and Excel Formulas
    • 1.11 The Palm Tree Dilemma
    • 1.12 Limitations of the IRR
    • 1.13 Review of Section 1
    • 1.14 Section 1 Quiz
  • Section 2 - Decision Making for Projects (empty)
    14Lessons · 2 hr 25 min
    • 2.01 Content of Section 2
    • 2.02 Learning Outcomes of Section 2
    • 2.03 Overview of Decision-Making Methods
    • 2.04 Break Even and Make or Buy Analysis
    • 2.05 Principles of Formal Decision Making
    • 2.06 Decision Making under Certainty
    • 2.07 Decision Making under Uncertainty - Laplace
    • 2.08 Decision Making under Uncertainty - Least Regret
    • 2.09 Decision Making under Risk
    • 2.10 Opportunity Loss
    • 2.11 Principles of Decision Trees and Example
    • 2.12 Decision Matrix Principles and Application
    • 2.13 Review of Section 2
    • 2.14 Section 2 Quiz
  • Section 3 - Linear Programming for Projects (empty)
    17Lessons · 2 hr 32 min
    • 3.01 Content of Section 3
    • 3.02 Learning Outcomes Section 3
    • 3.03 Overview of Linear and Integer Programming
    • 3.04 Basis of LP/IP and Linear Inequalities
    • 3.05 Finding the "Feasibility" Zone
    • 3.06 Linear and Integer Programming: Rules and Conditions
    • 3.07 Maximization Problem Application - Defining the Inequalities
    • 3.08 Maximization Problem - Inequalities and Feasibility Zone
    • 3.09 Maximization Problem - Maximizing the Objective Function
    • 3.10 Simplex Method for Maximization Problems
    • 3.11 Minimization Problem Application - Defining the Inequalities
    • 3.12 Minimization Problem: Inequalities and Feasibility Zone
    • 3.13 Minimization Problem: Minimising the Objective Function
    • 3.14 Simplex Methid for Minimisation Problems
    • 3.15 Possible Issues with Linear Programming
    • 3.16 Review Section 3
    • 3.17 Section 3 Quiz
  • Section 4 - Project Management Definitions and Terminology (empty)
    18Lessons · 2 hr 46 min
    • 4.01 Content of Section 4
    • 4.02 Learning Outcomes of Lesson 4
    • 4.03 Examples of Projects
    • 4.04 What is the definition of a Project?
    • 4.05 Projects and Preparation
    • 4.06 Projects, Programs, and Operations
    • 4.07 Leaders, Managers, and Projects
    • 4.08 The Functions of the Project Manager
    • 4.09 The Project Management Process
    • 4.10 Defining Project Management
    • 4.11 Skillset of the Project Manager
    • 4.12 Benefits of Project Management
    • 4.13 The Scope Triangle
    • 4.14 Creep, Gold Plating, and the Pain Curve
    • 4.15 Overview of the Different Organizational Structures (PMI)
    • 4.16 The Power of the Project Manager
    • 4.17 Review of Section 4
    • 4.18 Section 4 Quiz
  • Section 5 - Project Management Principles (empty)
    13Lessons · 2 hr 26 min
    • 5.01 Content of Section 5
    • 5.02 Learning Outcomes of Section 5
    • 5.03 Origin of Projects
    • 5.04 Evaluating Different Solutions and Project Selection
    • 5.05 The Project and the Business Case
    • 5.06 The Project Management Process
    • 5.07 Progressive Elaboration and the Rolling Wave Approach
    • 5.08 Lean Principles in Project Management
    • 5.09 Other Project Environments
    • 5.11 PMBOK 7th Edition, 2022
    • 5.10 PMI Process Groups and Processes
    • 5.12 Review Section 5
    • 5.13 Section 5 Quiz
  • Section 6 - The Project in Ten Steps (empty)
    14Lessons · 2 hr 36 min
    • 6.1 Content of Section 6
    • 6.2 Learning Outcomes of Section 6
    • 6.3   The Project Management Process and the Ten Steps
    • 6.4 Process Step Initiation and Step 1
    • 6.5 Process Step Planning and Steps 2 to 8
    • 6.6 Process Step Execution, Monitor & Control and Step 9
    • 6.7 Process Step Closing Project or Phase and Step 10
    • 6.8 Completing the 10 Project Management Steps
    • 6.9 Projects and Quality Management
    • 6.10 Projects and Procurement Management
    • 6.11 Projects and Communication Management
    • 6.12 Project and Stakeholder Management
    • 6.13 Review Section 6
    • 6.14 Section 6 Quiz
  • Section 7 - Project Initiation, Definitions, and the Project Charter (empty)
    15Lessons · 2 hr 33 min
    • 7.1 Content of Section 7
    • 7.2 Learning Outcomes of Section 7
    • 7.3 Origin and Selecting Projects
    • 7.4 Identification and Analysis of Stakeholders
    • 7.5 Parameters for Project Identification and the Charter
    • 7.6 Languages, Words, and their Impact on the Project
    • 7.7 Defining Project Success
    • 7.8 The Project Definition Process
    • 7.9 Project Definition Step 1
    • 7.10 Project Definition Step 2
    • 7.11 Project Definition Step 3 and the Content of the Charter
    • 7.12 A Model Project Charter
    • 7.13 The Lexus Case Study
    • 7.14 Review of Section 7
    • 7.15 Section 7 Quiz
  • Section 8 - Requirements, Scope, WBS, and Creating Activities (empty)
    13Lessons · 2 hr 3 min
    • 8.1 Content Section 8
    • 8.2 Learning Outcomes Section 8
    • 8.3 Identifying the Requirements
    • 8.4 Project and Product Scope
    • 8.5 Decomposing the Project
    • 8.6 Building the Work Breakdown Structure
    • 8.7 The WBS and the WBS Dictionary
    • 8.8 Building a House – WBS
    • 8.9 Going on a Holiday – WBS
    • 8.10 From Work Packages to Activities
    • 8.11 Different uses of the WBS
    • 8.12 Review Section 8
    • 8.13 Section 8 Quiz
  • Section 9 - Roles and Responsibilities. Estimating Duration and Cost (empty)
    11Lessons · 2 hr 6 min
    • 9.1 Content of Section 9
    • 9.2 Learning Outcomes of Section 9
    • 9.3 Identifying Resources to Complete Activities
    • 9.4 Linking Resources to Activities
    • 9.5 Fixed Duration and Resource Dependent Activities
    • 9.6 Estimating Activity Duration
    • 9.7 Mandatory, Discretionary, and External Dependencies
    • 9.8 Calculating Activity Duration using 3Point and PERT Formulas
    • 9.9 Adding Resources to Activities and the Crash Point
    • 9.10 Review Section 9
    • 9.11 Section 9 Quiz
  • Section 10 - Dependencies, Precedence Diagramming, and Critical Path (empty)
    24Lessons · 3 hr 20 min
    • 10.1 Content of Section 10
    • 10.2 Learning Outcomes of Section 10
    • 10.3 Ordering Activities Chronologically
    • 10.4 Overview of Different Diagramming Methods
    • 10.5 The Gantt Chart: History, Origin, and Usage
    • 10.6 Activity on Arrow and Arrow Diagramming Method
    • 10.7 Activity on Node and Precedence Diagramming Method
    • 10.8 Different Precedencies, Leads, and Lags
    • 10.9 Calculations Starting from 0 or 1 – Formulas
    • 10.10 Developing the Arrow Diagram
    • 10.11 Developing the Precedence Diagram
    • 10.12 Identifying the Different Paths Through the Network
    • 10.13 Describing the Critical Path Method
    • 10.14 CPM – Creating the Precedence Diagram with PDM
    • 10.15 CPM – Forward Pass PDM: Calculate the Early Start and Finish
    • 10.16  CPM – Backward Pass PDM: Calculate the Late Start and Finish
    • 10.17 CPM – PDM Calculate Slack or Float
    • 10.18 CPM - Creating the Precedence Diagram with ADM
    • 10.19 CPM – Forward Pass ADM: Calculate the Early Start and Finish
    • 10.20 CPM – Backward Pass ADM: Calculate the Late Start and Finish
    • 10.21 CPM – ADM Calculate Slack or Float
    • 10.22  Alternative Calculation of Critical Path and Slack/Float
    • 10.23 Review of Section 10
    • 10.24 Section 10 Quiz
  • Section 11 - Project Duration Reduction (empty)
    19Lessons · 3 hr 10 min
    • 11.1 Content of Section 11
    • 11.2 Learning Outcomes of Section 11
    • 11.3 Reasons for Project Reduction
    • 11.4 Principles of Activity Crashing for Project Duration Reduction
    • 11.5 Activity Crashing – Describing Example 1
    • 11.6 Activity Crashing Example 1 – Preliminary Calculation
    • 11.7 Activity Crashing Example 1 – Precedence Diagram and Critical Path
    • 11.8 Activity Crashing Example 1 – Activity Crashing Step by Step
    • 11.9 Activity Crashing Example 1 - Relationship between Duration and Cost
    • 11.10 Activity Crashing – Describing Example 2
    • 11.11 Activity Crashing Example 2 – Preliminary Calculation
    • 11.12 Activity Crashing Example 2 – Precedence Diagram and Critical Path
    • 11.13 Activity Crashing Example 2 – Activity Crashing Step by Step
    • 11.14 Activity Crashing Example 2 – Graphical Solution
    • 11.15 Project Duration Reduction using Fast Tracking
    • 11.16 Exercise Project Fast Tracking
    • 11.17  Changing Precedences to Reduce Project Duration
    • 11.18 Review of Section 11
    • 11.19 Section 11 Quiz
  • Section 12 - Creating the Project Schedule, and Gantt Charts (empty)
    10Lessons · 1 hr 52 min
    • 12.1 Content of Section 12
    • 12.02 - Learning Outcomes of Section 12
    • 12.03 - The Gantt or Bar Chart and the Harmonogram
    • 12.04 - creating a Bar Chart with Activities in ES and LS Positions
    • 12.05 - Introducing ProjectLibre
    • 12.06 - Creating a Gantt Chart with ProjectLibre
    • 12.07 - ProjectLibre Live Demo
    • 12.08 - Different uses for the Gantt Chart
    • 12.09 - Review of Section 12
    • 12.10 Section 12 Quiz
  • Section 13 - Adding Resources and Resolving Issues (empty)
    16Lessons · 2 hr 42 min
    • 13.01 - Content Section 13
    • 13.02 - Learning Outcomes of Section 13
    • 13.03 - Project Management and Resources
    • 13.05 - Allocating Human Resources, Overtime, Cost, and Personalities
    • 13.06 - Material Resources and Equipment
    • 13.04 - Principles of Allocating Resources
    • 13.07 - Resolve issues related to Resources. Smoothing and Levelling
    • 13.08 - Exercise Resources Smoothing
    • 13.09 - Exercise Resources Levelling
    • 13.10 - ProjectLibre and Resources
    • 13.11 - ProjectLibre Live Demo
    • 13.12 - Resources and Team Development
    • 13.13 - Team Roles, Management Styles, and Conflicts
    • 13.14 - People, Teams, and Conflict Management
    • 13.15 - Review of Section 13
    • 13.16 Section 13 Quiz
  • Section 14 - Generate the Project Budget (empty)
    18Lessons · 2 hr 28 min
    • 14.1 Content of Section 14
    • 14.2 Learning Outcomes of Section 14
    • 14.03 - Importance of Cost and Budgeting
    • 14.04 - Different Project Costs
    • 14.05 - Estimating Activity and Project Costs
    • 14.06 - Tangible and Intangible Costs
    • 14.07 - Different Types of Cost Loading
    • 14.08 - Time Phased Budget
    • 14.09 - Cumulative Budget
    • 14.10 - Budgets in ES, LS, PS Positions and the Critical Path Position
    • 14.11 - Earned Value Parameters
    • 14.12 - Project and Company Budget
    • 14.13 - Exercise Budgeting #1: Creating the Project Schedule
    • 14.14 - Exercise Budgeting #2: Gantt in ES, LS, and PS Positions
    • 14.15 - Exercise Budgeting #3: Creating the Time Phased Budget
    • 14.16 - Exercise Budgeting #4: Creating the Cumulative Budget and the Critical Path Position
    • 14.17 Review of Section 14
    • 14.18 Quiz Section 14
  • Section 15 - Uncertainty in Project Management (empty)
    17Lessons · 3 hr 8 min
    • 15.01 - Content of Section 15
    • 15.2 Learning Outcomes of Section 15
    • 15.03 - Examples of Risk Situations
    • 15.04 - Why is Risk Management in a Project Environment Important?
    • 15.05 - Defining Risk and Risk Management in a Project Environment according to PMI
    • 15.06 - The Six Risk Management Process Steps
    • 15.07 - Risks and the Project
    • 15.08 - Plan Risk Management
    • 15.09 - Risk Identification and Tools
    • 15.10 - Qualitative Risk Management
    • 15.11 - Quantitative Risk Management
    • 15.12 - PERT, 3Point, and Risks
    • 15.13 - Monte Carlo Analysis
    • 15.14 - Plan and Implement Risk Responses
    • 15.15 - Overview of Risk Responses
    • 15. 16 Review of Section 15
    • 15.17 Section 15 Quiz
  • Section 16 - Project Execution (empty)
    11Lessons · 2 hr 6 min
    • 16.1 Content of Section 16
    • 16.2 Learning Outcomes of SECTION 16
    • 16.03 - The Project Plan is Completed. What now?
    • 16.04 - Data Available for Project Execution. Baselines
    • 16.05 - Status Overview related to Schedule
    • 16.06 - Status Overview related to Cost
    • 16.07 - The Earned Value Approach
    • 16.08 - Change Management during Execution
    • 16.09 - Reaction to Variances
    • 16.10: Review Section 16
    • 16.11 Section 16 Quiz
  • Section 17 - Project Closing (empty)
    10Lessons · 1 hr 49 min
    • 17.1 Content of Section 17
    • 17.2 Learning Outcomes of Section 17
    • 17.03 - Importance of Project or Phase Close Out
    • 17.04 - Transferring Project to Life Cycle Management
    • 17.05 - Closing Outstanding Contracts, Issues, and Invoices
    • 17.06 - As-built Plans
    • 17.07 - Closing Review
    • 17.08 - Closing and Knowledge Management
    • 17.9 Review of Section 17
    • 17.10 Section 17 Quiz
  • Section 18 - Agile Project Management (empty)
    23Lessons · 3 hr 42 min
    • 18.1 Content of Section 18
    • 18.2 Learning Outcomes of Section 18
    • 18.3 - Why were Agile Methods Developed?
    • 18.4 - Difference between Predictive and Adaptive Approaches
    • 18.5 - Lean Management and Agile
    • 18.06 - The Predictive Approach or Waterfall
    • 18.07 - Where Waterfall Fails.
    • 18.08 - The Adaptive Approach
    • 18.09 - Waterfall or Agile?
    • 18.10 - Value Delivery, Risks, and the Triple Constraint
    • 18.11 - The Agile Manifesto
    • 18.12 - Top Methodologies to Implement Agile
    • 18.13 - The Agile Development Cycle
    • 18.14 - Advantages, Disadvantages, and Myths of Agile
    • 18.15 - Jeff Sutherland, the Development of Agile, and its driving Principles
    • 18.16 -The Myths of Multi-tasking
    • 18.17 - Perfection or Good Enough?
    • 18.18 - Terminology related to Scrum
    • 18.19 - Estimating Effort and Fibonacci Poker
    • 18.20 - Scrum Step-byStep
    • 18.21 - Kanban Methodology
    • 18.22 Review of Section 18
    • 18.23 Section 18 Quiz
  • Section 19 - Critical Chain Project Management (empty)
    21Lessons · 3 hr 6 min
    • 19.01 Content of Section 19
    • 19.02 Learning Outcomes of Section 19
    • 19.03 - The Origin of Critical Chain Project Management
    • 19.04 - Critical Chain and the Human Side
    • 19.05 - Critical Chain and the Human Side: Estimating
    • 19.06 - Critical Chain and the Human Side: The Student Syndrome
    • 19.07 - Critical Chain and the Human Side: Parkinson's Law
    • 19.08 - Critical Chain and the Human Side: Multi Tasking
    • 19.09 - Critical Chain and the Human Side: No Early Finishes
    • 19.10 - Project Planning and Backward Planning
    • 19.11 - As-late-as-possible Planning
    • 19.13 - Introducing the Theory of Constraints
    • 19.14 - The Effect of Bottlenecks in Throughput and Cost
    • 19.18 - Finding the 50% and 90% Estimates
    • 19.19 - Critical Chain: Calculating the Buffers
    • 19.15 - The Principle of Buffers
    • 19.16 - Applying Buffers on a Simple Project
    • 19.17 - Defining the Critical Chain
    • 19.20 - Critical Chain: Comments
    • 19.21 - Review of Section 19
    • 19.22 Section 19 Quiz
  • Section 20 - Course Review (empty)
    20Lessons · 1 hr 39 min
    • 20.1 Content of Section 20
    • 20.02 - Summary of Lesson 1 - Projects and Finance
    • 20.03 - Summary of Lesson 2 - Projects and Decision Making
    • 20.04 - Summary of Lesson 3 - Projects and Linear Programming
    • 20.05 - Summary of Lesson 4 - Project Management Definition and Terminology
    • 20.06 - Summary of Lesson 5 - Project Management Principles
    • 20.07 - Summary of Lesson 6 - The Project in Ten Steps
    • 20.08 - Summary of Lesson 7 - Project Initiation, Definitions, and the Project Charter
    • 20.09 - Summary of Lesson 8 - Requirements, Scope, WBS, and Creating Activities
    • 20.10 - Summary of Lesson 9 - Roles and Responsibilities. Estimating Duration and Cost
    • 20.11 - Summary of Lesson 10 - Dependencies, precedence Diagramming, and the Critical path
    • 20.12 - Summary of Lesson 11 - Project Duration Reduction
    • 20.13 - Summary ofLesson 12 - Creating the Project Schedule, and Gantt Charts
    • 20.14 - Summary ofLesson 13 - Add Resources to the Activities and Resolve Resource
    • 20.15 - Summary of Lesson 14 -Calculate Costs, project Budget, and Costs Related EVM Parameters
    • 20.16 - Summary of Lesson 15 - Uncertainty and Risk Management in Projects
    • 20.17 - Summary of Lesson 16 - Project Execution, Monitor and Control
    • 20.18 - Summary of Lesson 17 - Project or Phase Close Out
    • 20.19 - Summary of Lesson 18 - Principles of Agile Project Management
    • 20.20 - Summary of Lesson 19 - Critical Chain Project Management
  • Course Completion (empty)
    2Lessons · 2 hr 30 min
    • Project Review & Final Test Preparation
    • Finals Quiz