Course Introduction Video
My name is Dr. Stanley, I’m one of the professors that helped develop this course. Businesses undertake projects for many reasons, such as solving business problems, creating a competitive advantage, or delivering value to the consumer. There are as many types of projects as there are businesses, products, processes, and operations. Thus, every business must decide what methods to use for various projects. Most companies will have more than one project going at the same time. The process that it uses for each project may differ. A software project may use an agile method, whereas product development may use a traditional method. Some projects are small and do not need a long time or financial commitments. Others can rise to the scope of a mega project requiring vast resources and budgets. Regardless of the type of project, having a definitive process for achieving the project's goals can be the difference between failure and success. The field of project management is so important to businesses that the PMI has developed professional standards and a certification process for people who specialize in project management and are at different stages in their careers. This course will follow the principles and practices of the PMI, which defines five key project process groups and ten knowledge areas. Ultimately, how a company undertakes and completes projects can be a competitive advantage that allows them to deliver business value. You can start by reviewing the course learning outcomes and the syllabus, you can find both on the left navigation panel. Let’s get started!
AI Summary
YouTube
Transcript
Source and License: This work is licensed by Saylor Academy under a Creative Commons Attribution-NonCommercial-Sharealike 4.0 International License (CC BY-NC-SA 4.0). This content was created using Genially and Synthesia. AI-generated avatars and voices in this video were created using Synthesia and remain subject to Synthesia’s Terms of Service; these elements are not covered by the Creative Commons license. Synthesia trademarks and services remain the property of Synthesia. All Genially proprietary elements such as templates, themes, built-in assets, stock media, and other “Genially Content” remain subject to Genially’s Terms of Service and are not covered by this Creative Commons license. These elements must remain embedded in the course and cannot be reused or redistributed independently.
AI Summary
This course introduces the principles and practices of project management and how organizations use projects to solve problems, create value, and gain a competitive advantage. Here are some key takeaways:
- Understand the role of project management in business success.
- Explore project management methods and frameworks, including PMI standards.
- Learn about the five project process groups and ten knowledge areas.
- Recognize how effective project management supports organizational goals.
You can start by reviewing the course learning outcomes and syllabus.
Course Introduction Video
Saylor Academy
Created on May 15, 2026
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Transcript
Course Introduction Video
My name is Dr. Stanley, I’m one of the professors that helped develop this course. Businesses undertake projects for many reasons, such as solving business problems, creating a competitive advantage, or delivering value to the consumer. There are as many types of projects as there are businesses, products, processes, and operations. Thus, every business must decide what methods to use for various projects. Most companies will have more than one project going at the same time. The process that it uses for each project may differ. A software project may use an agile method, whereas product development may use a traditional method. Some projects are small and do not need a long time or financial commitments. Others can rise to the scope of a mega project requiring vast resources and budgets. Regardless of the type of project, having a definitive process for achieving the project's goals can be the difference between failure and success. The field of project management is so important to businesses that the PMI has developed professional standards and a certification process for people who specialize in project management and are at different stages in their careers. This course will follow the principles and practices of the PMI, which defines five key project process groups and ten knowledge areas. Ultimately, how a company undertakes and completes projects can be a competitive advantage that allows them to deliver business value. You can start by reviewing the course learning outcomes and the syllabus, you can find both on the left navigation panel. Let’s get started!
AI Summary
YouTube
Transcript
Source and License: This work is licensed by Saylor Academy under a Creative Commons Attribution-NonCommercial-Sharealike 4.0 International License (CC BY-NC-SA 4.0). This content was created using Genially and Synthesia. AI-generated avatars and voices in this video were created using Synthesia and remain subject to Synthesia’s Terms of Service; these elements are not covered by the Creative Commons license. Synthesia trademarks and services remain the property of Synthesia. All Genially proprietary elements such as templates, themes, built-in assets, stock media, and other “Genially Content” remain subject to Genially’s Terms of Service and are not covered by this Creative Commons license. These elements must remain embedded in the course and cannot be reused or redistributed independently.
AI Summary
This course introduces the principles and practices of project management and how organizations use projects to solve problems, create value, and gain a competitive advantage. Here are some key takeaways:
- Understand the role of project management in business success.
- Explore project management methods and frameworks, including PMI standards.
- Learn about the five project process groups and ten knowledge areas.
- Recognize how effective project management supports organizational goals.
You can start by reviewing the course learning outcomes and syllabus.