Who is this program for?

This program is for you: <text variant="body1">· If you want to switch to a career in the field of Program Management. <text variant="body1">· If you are interested in the field of program management and just starting out. Earning a Microsoft Program Management certificate can help advance your career or help you address gaps in your knowledge, skills, and abilities.

What background knowledge is necessary?

You don’t need any background knowledge to take this Professional Certificate. Whether you’re just starting out or a professional in a relevant field, this program can be the right fit for you.

What is the main benefit of a Professional Certificate?

Whether you’re looking to start a new career or change your current one, Professional Certificates help you become job-ready. Apply your new skills on hands-on projects that showcase your expertise to potential employers and earn a career credential to kickstart your new career.

What does a program manager do?

Program managers are skilled and organized professionals who oversee multiple related projects within an organization to ensure they work together effectively. They ensure all the projects align with the company’s goals, stay on track, and deliver the expected benefits. They coordinate between teams, manage resources, and handle any issues that arise, making sure the overall program is successful and meets its objectives.

What jobs can I get with program management skills?

<text variant="body1">Prepare for a career in the high-demand field of program management. The program management skills you learn in this program prepare you for an entry-level role as a program manager. This program also prepares you for a variety of other entry-level roles that require goal-driven problem-solving and strategic planning. <text variant="body1">These roles include: <text variant="body1">· Project Manager <text variant="body1">· Program Manager <text variant="body1">· Product Manager <text variant="body1">· Scrum Master <text variant="body1">· Project Coordinator <text variant="body1">· Business Analyst <text variant="body1">· Change Manager <text variant="body1">· Operations Manager <text variant="body1">· IT Project Manager <text variant="body1">· Construction Project Manager <text variant="body1">· Engineering Project Manager

Will I be able to complete this course online?

This course is completely online. You can access your lessons, readings, and assignments anytime and anywhere via the web or your mobile device.

Do I need to take the courses in a specific order?

Yes. We highly recommend taking the courses of each certificate program in the order they are presented. The content in the courses builds on information from earlier courses. The final course contains a practice exam that assesses your knowledge of the content covered in the previous courses. As such, it makes the most sense to take the courses in the order they are presented.

How long does it take to complete the professional certificate?

It typically takes 4 months to complete the 7 courses. However, some learners may go through the content faster.

What will I be able to do upon completing the Professional Certificate?

When you complete this Professional Certificate, you’ll have an understanding of the fundamental concepts of program management and how they apply to an enterprise environment including: <text variant="body1">· Coordinating project managers with their teams through all phases of a successful program. <text variant="body1">· Using predictive, agile, and hybrid approaches and tailored methodologies to determine which way of working is best for each program. <text variant="body1">· Highlighting the success of a program and its impact on overall strategic organizational goals. <text variant="body1">You will also be prepared to complete PgMP (Program Management Professional) from PMI and MSP (Managing Successful Programs) Practitioner - from AXELOS.

When will I have access to the lectures and assignments?

To access the course materials, assignments and to earn a Certificate, you will need to purchase the Certificate experience when you enroll in a course. You can try a Free Trial instead, or apply for Financial Aid. The course may offer 'Full Course, No Certificate' instead. This option lets you see all course materials, submit required assessments, and get a final grade. This also means that you will not be able to purchase a Certificate experience.

What will I get if I subscribe to this Certificate?

When you enroll in the course, you get access to all of the courses in the Certificate, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile.

Program Finance and Investment

This course is part of Microsoft Program Management Professional Certificate

Instructor: Microsoft

2,776 already enrolled

Included with

Learn more

4 modules

Gain insight into a topic and learn the fundamentals.

15 reviews

Beginner level

Recommended experience

2 weeks to complete

at 10 hours a week

Flexible schedule

Learn at your own pace

4 modules

Gain insight into a topic and learn the fundamentals.

15 reviews

Beginner level

Recommended experience

2 weeks to complete

at 10 hours a week

Flexible schedule

Learn at your own pace

What you'll learn

Gain insight into the process of Earned Value Management for accurate project performance evaluation.
Learn to implement PMP formulas to monitor progress and optimize resource utilization in diverse project environments.
Learn to assess project Return on Investment (ROI) for prioritizing investments and maximizing organizational value.

Skills you'll gain

Tools you'll learn

Details to know

Shareable certificate

Add to your LinkedIn profile

Assessments

25 assignments

Taught in English

91%

of learners achieved a positive career outcome

See how employees at top companies are mastering in-demand skills

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Build your Business Strategy expertise

This course is part of the Microsoft Program Management Professional Certificate

When you enroll in this course, you'll also be enrolled in this Professional Certificate.

Learn new concepts from industry experts
Gain a foundational understanding of a subject or tool
Develop job-relevant skills with hands-on projects
Earn a shareable career certificate from Microsoft

There are 4 modules in this course

In this course, you'll learn about Earned Value Management, discover how to gauge project performance accurately, and use this information to make strategic decisions for project success. You'll also learn how to implement PMP formulas, equipping you with the tools to monitor progress and optimize resource utilization across diverse project environments. Additionally, you'll learn to assess project financial Return on Investment (ROI), honing your ability to evaluate project feasibility and prioritize investments to maximize organizational value.

This course aligns with the Microsoft Office Specialist: Associate (Microsoft 365 Apps): MO-210 exam, enhancing your spreadsheet skills. You'll focus on managing worksheets and workbooks, managing data cells and ranges, managing tables and table data, and using formulas and functions. After completing this course, you'll be able to: • Describe the process of Earned Value Management. • Implement the PMP formulas project environments. • Assess if a project has a sound financial Return on Investment. Note: This course is also part of the Microsoft Project Management Professional Certificate. If you've already completed this course as part of that program, your progress will be saved and will count towards your completion in this program.

Module details

This module provides a comprehensive overview of Earned Value Management (EVM) and cost management, including EVM Variance Analysis and forecasting. You'll learn about essential PMP formulas and how to apply them to evaluate project performance and manage costs throughout the project lifecycle. From understanding formula concepts to hands-on calculations, you will gain the expertise to utilize PMP formulas effectively.

What's included

9 videos9 readings7 assignments1 discussion prompt

9 videosTotal 48 minutes

Introduction to the Course: Program Finance and Investment5 minutes
EVM and Cost Management Overview6 minutes
Planned Value (PV), Earned Value (EV), and Actual Cost (AC)6 minutes
Variance Analysis and Performance Indicators5 minutes
EVM Forecasting Overview6 minutes
Estimate at Completion (EAC)5 minutes
Estimate to Complete (ETC)5 minutes
To-Complete Performance Index (TCPI)6 minutes
Module Summary: PMP Formulas4 minutes

9 readingsTotal 85 minutes

Course Syllabus: Program Finance and Investment10 minutes
How to be successful in this course10 minutes
EVM and Cost Management Formulas10 minutes
Exploring Variance Analysis with Examples10 minutes
EVM Forecasting Formulas10 minutes
Exploring EAC and ETC Forecasting with Examples10 minutes
TCPI Formulas10 minutes
PMP Formulas Cheat Sheet10 minutes
Additional Resources: PMP Formulas5 minutes

7 assignmentsTotal 105 minutes

Module Quiz: PMP Formulas30 minutes
Activity: EVM and Cost Management Formulas10 minutes
Knowledge Check: EVM and Cost Management Formulas15 minutes
Activity: Forecasting Formulas10 minutes
Knowledge Check: Forecasting Formulas15 minutes
Activity: EVM Assessing Performance10 minutes
Knowledge Check: EVM Assessing Performance15 minutes

1 discussion promptTotal 10 minutes

Discussion Prompt: What do you hope to learn?10 minutes

In this module, you will explore and apply key schedule management formulas within the context of project management, enabling you to effectively plan, monitor, and control project schedules. This session covers the Critical Path Method (CPM), Schedule Variance (SV), Schedule Performance Index (SPI), and other relevant formulas for comprehensive schedule and estimation management.

What's included

16 videos6 readings8 assignments

16 videosTotal 92 minutes

Introduction to Schedule Management Formulas5 minutes
Critical Path Analysis Overview7 minutes
Excel based Simulation: Forward and Backward Pass6 minutes
Float & Slack6 minutes
Excel based Simulation: Float & Slack5 minutes
Introduction to Estimation 5 minutes
PERT Estimating 5 minutes
PERT Concepts5 minutes
Excel based Simulation: PERT Distribution6 minutes
Triangular Distribution6 minutes
Excel Based Simulation5 minutes
Introduction to Contingency Reserves6 minutes
Management Reserves7 minutes
Risk Analysis vs Estimation of Cost and Schedule6 minutes
Risk Planning vs Estimation of Cost and Schedule6 minutes
Module Summary: Scheduling and estimating6 minutes

6 readingsTotal 55 minutes

Schedule Development Tools and Techniques10 minutes
PMP Schedule Management Formulas cheat sheet10 minutes
PMP Estimation Formula Cheat Sheet10 minutes
Contingency Reserves10 minutes
Monitoring and Adjusting Reserves10 minutes
Additional Resources: Project risk and reserve management5 minutes

8 assignmentsTotal 115 minutes

Module Quiz: Scheduling and estimating30 minutes
Activity: Critical Path Analysis10 minutes
Knowledge Check: Critical Path Analysis15 minutes
Activity: PERT Estimating10 minutes
Activity: Triangular Distribution10 minutes
Knowledge Check: Estimating Techniques15 minutes
Activity: Reserve Management10 minutes
Knowledge Check: Project risk and reserve management15 minutes

In this module, you will apply key Investment Analysis & Procurement Management formulas, equipping you with the skills to appraise project investment opportunities. You’ll also explore essential concepts, techniques, and strategies for assessing project investment and procurement.

What's included

18 videos7 readings8 assignments

18 videosTotal 91 minutes

Introduction to Investment Forecasting and Analysis7 minutes
Net Present Value (NPV) Overview6 minutes
Net Present Value (NPV) Excel example4 minutes
Future Value (FV) Overview6 minutes
Future Value (FV) Excel example3 minutes
Internal Rate of Return (IRR) Overview7 minutes
Internal Rate of Return (IRR) Excel example1 minute
Introduction to Project Selection5 minutes
Benefit-cost ratio (BCR) Overview5 minutes
Benefit-cost ratio (BCR) Excel example4 minutes
Discounted Cash Flow Overview6 minutes
Discounted Cash Flow (DCF) Excel example5 minutes
Payback Period Overview5 minutes
Payback Period Excel example5 minutes
Overview of Investment Analysis6 minutes
Expected Monetary Value (EMV) Overview6 minutes
Expected Monetary Value (EMV) Excel example4 minutes
Module Summary: Investment Analysis & Procurement6 minutes

7 readingsTotal 65 minutes

PMP Investment Forecasting Formula Cheat Sheet10 minutes
PMP IRR Formula Cheat Sheet10 minutes
PMP Project Selection Formula Cheat Sheet10 minutes
PMP Discounted Cash Flow Formula Cheat Sheet10 minutes
PMP Investment Analysis Formula Cheat Sheet10 minutes
PMP Expected Monetary Value Formula Cheat Sheet10 minutes
Additional Resources: Investment Analysis & Procurement5 minutes

8 assignmentsTotal 115 minutes

Module Quiz: Investment Analysis & Procurement30 minutes
Activity: Net Present Value (NPV)10 minutes
Activity: Future Value (FV)10 minutes
Knowledge Check: Internal Rate of Return (IRR)15 minutes
Activity: Benefit-cost ratio (BCR) calculation10 minutes
Activity: Discounted cash flow10 minutes
Knowledge Check: Project Payback Period15 minutes
Knowledge Check: Investment Analysis15 minutes

In this module, you’ll put your skills into practice. You’ll reflect on the key learning points that you reviewed during the course and complete the final assessment and hands-on activity.