Top 10 Project Management Lessons Learned Earn 2 PDUs

Take a 25 year career shortcut – the ten most important lessons learned in Project Management.
Top 10 Project Management Lessons Learned Earn 2 PDUs
File Size :
2.33 GB
Total length :
2h 0m



William Stewart PhD, PMP


Last update

Last updated 11/2022



Top 10 Project Management Lessons Learned Earn 2 PDUs

What you’ll learn

“Outstanding course with priceless pragmatic wisdom – these are the lessons that guarantee project success.” – Ken Semerkant, PMP
How the Project Manager can use accountability to become the most powerful and relaxed person on the project.
The magic sentence the PM can use that will maximize the chances of the organization giving you what you need.
Why defining the Work Breakdown Structure (WBS) of deliverables makes everything else in PM easy.
How I talked a senior, reluctant, aggressive, and arrogant team into being WBS believers.
A real example of a WBS my team developed for a $140M aerospace project.
Mathematical proof of how powerful the best practice process to develop the Precedence Diagram is!
A real example of a Precedence Diagram my team developed for a $140M aerospace project.
Why risk management makes the entire PM process work, with essential risk planning tips.
Eight common risks it is always worth considering including in your project’s risk register.
Essential tips for monitoring and controling the risk budget as you proceed through your project.
How to defend keeping as much of your risk budget as possible when you are under pressure to give some up.
The two big advantages of deriving the requirements from a higher level description of user workflow.
A story about how backfitting a set of user scenarios at relatively little cost helped reduce millions of dollars of acceptance risk.
Why closing is a separate, organized set of project activities.
An embarrassing story about not formally closing a project procurement, and the process that would have prevented it.
A very useful story about a PM that made all three of the most common mistakes in project management.
The huge benefits of keeping your eye on the top three drivers of project success.
How the PM broadcasting an optimistic and success oriented attitude to the entire team helps maximize project success.
An example of how believing a solution existed, even though we didn’t know what it was, enabled us to shorten a schedule by six months.
A story of how I told the truth when my boss asked me to do something impossible, even though he obviously did not want to hear it.
The three big advantages I gained from repeatedly telling the truth, for my project, my boss, and my own reputation and career.

Top 10 Project Management Lessons Learned Earn 2 PDUs


This course will provide anyone with a deep understanding of how to ensure they are successful as a Project Manager.


“Wow, this is great stuff.  If anyone ever asks you “What does a Project Manager do?”, direct them to this course.” – Leah Henig.I’ve managed projects now for more than 25 years, from just a few thousand dollars to $55M, and worked in senior roles on PM teams on projects up to $3B.  This course describes the ten most important lessons I’ve learned that contribute to project management success.  It also includes some real life stories that show what it really takes to manage in challenging environments over a sustained period.  In under two hours, this course will make these lessons learned yours, and give you a 25 year career shortcut. The Magic Of Accountability.  Your success as a Project Manager starts with understanding how to leverage the incredibly valuable power of accountability, because it gives you the *authority* you need to ensure success.  And properly deployed, it usually means you are the most relaxed person on the project (really).  Includes the magic sentence that will maximize the chances of the organization giving you what you need, along with an example.The Importance Of The WBS.  Why defining the WBS makes everything else in project management easy.  A story of how, as a junior member of a PM team, I once got a very senior, reluctant, and aggressive team to become WBS believers.  A real example of a WBS my team once prepared for a $140M aerospace project.  And a download of the realistic example WBS for the Magical Devices Version 3 project.The Power Of Process.  The fundamental reason best practice process is so powerful, and can help you solve even the hardest problems, with statistical proof of that power.  Why the precedence diagram is your most important PM tool.  A real precedence diagram my team prepared for that $140M aerospace project.  And a download of the realistic example precedence diagram for the Magical Devices Version 3 project.Planning The Risk Budget.  Why risk management is what makes the entire PM life-cycle work.  Essential risk planning tips.  Eight common risks you should always consider including in your risk register.  Why you should actively manage only the top ten risks.  Why you should include budget for risks that appear to only impact time.  And a download of a comprehensive Excel template to help manage your risk register through all phases of your project.Managing The Risk Budget.  Essential tips for managing the risks once underway.  Real life advice for updating the risk status as your project proceeds.  Why the Project Manager should always slow-roll the risk budget reduction.  A rule of thumb for how much risk budget you should have as you proceed.  And the show-stopping sentence that enables you to keep as much risk budget as possible when under pressure to give some up.  Backfitting Scenarios When Needed.  Why project requirements should be derived from higher-level user scenarios.  A story about how backfitting scenarios when I didn’t have them to start with helped ensure the success of my $20M project.  And how scenario based acceptance testing is two-for-one, convincing the customer the project will do what they need, and automatically signing off the requirements at the same time.Make Friends With Procurement.  Why closing is a separate set of activities in project management.  A true, embarrassing, and expensive story about why it is so important to formally close your procurements.  How formal procurement closing prevents additional spending even by mistake.  And why the PM should make friends with all the supporting departments, making your job easier and your project more successful.The Top 3 Drivers Of Project Success.  Why we already know most of the problems and most of the solutions in project management.  A true story about a PM that made all three of the most common project management mistakes on a single project.  And how the three most important drivers of project success could have saved him, and $400K.Focus On The Success Path.  The importance of the success oriented mindset the PM should broadcast to the entire team.  A famous story that illustrates why.  Similar success examples from three other fields.  And a real example of how my team was able to shorten a 3.5 year schedule to 3 years simply because I believed there was a solution before I knew what it was, and how we did it.The Benefits Of Telling The Truth.  A relatively common situation – a time my boss asked me to save an unsaveable project.  How repeatedly telling him the truth, even when he obviously did not want to hear it, ended up being the best thing I could do for the project, my team, and my boss.  And how telling that truth got me promoted to be functional manager of a 55 person organization very early in my career.Each chapter includes a downloadable PDF of the key points of the lesson.  Understanding these lessons will help you greatly increase the chances of success for your projects, give you a 25 year shortcut, and accelerate your career.  The course will also earn you two Professional Development Units (PDU’s) in the Business Acumen (Leadership) category. InstructorWilliam Stewart is a PMI certified Project Management Professional (PMP) who has managed projects for more than 25 years from just a few thousand dollars to $55M, and worked in senior roles on PM teams on projects up to $3B, in the domains of system integration, software, organizational improvement, business process, construction, real estate, research, and others  He has worked for aerospace, government, academia, and founded a software startup.  He has delivered more than 330 live onsite PM courses to more than 3,300 people, and is author of the Deeply Practical Project Management online course and book.  He has deep experience with project management, risk management, negotiation, systems integration, and software engineering.  He earned a Ph.D. in Computer Science for development of an algorithm that builds multi-dimensional geodesic domes in optimum space and time.Student Feedback”This course offers decades of valuable project management experience.” – Thibaut Lefebvre “Project management comes to life!” – April Bly-Monnen “Great information for all PMs both new and old, certified or not.  Great use of time.” – Gerald Gentle “Full of sound advice from years of experience.  Recommend to any new or experienced PM.” – Peter Hungiapuko “A great course that shares valuable experience and addresses soft skills.  Loved it.” – Carlos Camargo “In every lesson there is a golden nugget.” – Isaac Leal “Actionable, real-world advice for both PMs and people interested in project management.” – Alex Hadar “Clear, rational, calm and friendly, empowering!” – Peter Courtley “Good advice about communicating with executives.” – Natalie Tangen “Precious lessons learned, ‘Tell The Truth’ will make a revolution in my business life.” – Masaru Kikuchi”Very helpful, recommend to all PMs at any level.” – Matthew Webber


Section 1: Introduction

Lecture 1 Introduction

Lecture 2 Contents

Lecture 3 How To Report PDUs To The PMI

Section 2: The Magic Of Accountability

Lecture 4 Accountability – Authority – Leverage – The Magic Sentence

Lecture 5 Key Points

Section 3: The Importance Of The WBS

Lecture 6 The Foundation of Success – Convincing Reluctant Teams

Lecture 7 Key Points

Section 4: The Power Of Process

Lecture 8 The Power of Process – A $140M Example

Lecture 9 Key Points

Section 5: Planning The Risk Budget

Lecture 10 Practical Advice – Eight Common Risks – Budgeting Tips

Lecture 11 Key Points

Section 6: Managing The Risk Budget

Lecture 12 Management Advice – Defending Your Risk Budget

Lecture 13 Key Points

Section 7: Backfitting User Scenarios

Lecture 14 Scenarios to Requirements – Two for One Acceptance Tests

Lecture 15 Key Points

Section 8: Make Friends With Procurement

Lecture 16 The Benefits Of Support Organizations

Lecture 17 Key Points

Section 9: The Top 3 Drivers Of Project Success

Lecture 18 Top Three Mistakes – Top Three Solutions

Lecture 19 Key Points

Section 10: Focus On The Success Path

Lecture 20 The Essential Project Manager Mindset

Lecture 21 Key Points

Section 11: The Benefits Of Telling The Truth

Lecture 22 An Impossible Job – Telling the Truth – Getting Promoted

Lecture 23 Key Points

Section 12: Bonus Lecture

Lecture 24 Bonus Lecture

Anyone that would like to understand the mindset, responsibilities, and real life experience of the successful Project Manager in challenging environments.

Course Information:

Udemy | English | 2h 0m | 2.33 GB
Created by: William Stewart PhD, PMP

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