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PMP Exam Prep Camp

PMP Awareness

Molham Aldrobi Feb 2009

Introduction
Please open your handouts and write down your notes Language: English and Arabic Attendance Sheet Refreshments Facilities (parking lot, toilets, prayer room, break area, and restaurant)

PMP Exam Prep Camp

Intro (Cont)
Agenda Daily Schedule Trainer Profile Objectives of This Course Material How to Read the Handouts? Course Ground Rules
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Agenda
Key Concepts The Standard for PM of a Project The PM Process Groups Integration Management Scope Management Time Management Cost Management Quality Management HR Management Communications Management Risk Management Procurement Management Code of Ethics The Exam Tips & Tricks and Simulation Exam

PMP Exam Prep Camp

Daily Schedule
Session 1: Break: Session 2: Break: Session 3: Break: Session 4:
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13:30 15:00 15:00 15:15 15:15 16:15 16:15 16:45 16:45 18:15 18:15 18:45 18:45 20:45

Trainer Profile:
Name: Molham Aldrobi Background:
Bachelor in Computer Eng. / Msc in Computer Science (Artificial Intelligence) Certified PMP Lecturer: McGill University - Canada Managed many projects in North America, Far East, Middle East Managed hundred of Millions projects Trained Thousands of people

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Objectives of This Course


Trainees Objectives
Name Company Position Background Objectives Expectations

Objectives of This Training

Our Objective: You become aware of

Project Managment
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How to Read the Handouts?

Contents at a glance Contents of each main title Contents of lengthy sub-titles Highlight at the start of each main title

Ground Rules
Attend 80% or more of the Course to get your certificate of attendance On time: Come on time and return back from breaks on time No mobiles, PDAs or laptops please! No smoking

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Ground Rules (Cont)


No side discussions Your Participation is most important for the success of the course Questions: let me finish the subject first Instant feedback: proceed slower or faster

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Contents at a Glance
Key Concepts The Standard for PM of a Project The PM Process Groups Integration Management Scope Management Time Management Cost Management Quality Management HR Management Communications Management Risk Management Procurement Management Code of Ethics The Exam Tips & Tricks and Simulation Exam

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PMP Exam Prep Camp

Key Concepts
What is a Project?
Project vs. Operational Work Projects and Strategic Planning

What is Project Management (PM)? PMBOK and PMBOK Guide The Triple Constraint Areas of Expertise Key Terms in PM The Project Life Cycle Organizational Influences

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What is a project? What are the major characteristics of a project?

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What is a Project?

Temporary
Has a clear start and end. End means
Objectives are met, will not be met or cannot be met Project is not needed any more

Unique: differs, even slightly, from other projects

15

What is a Project?

(Cont)

Progressively elaborated
Less details at the start More details are known with time Iterative

Should not be confused with scope creep

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Project vs. Operational Work


Differences
Operations
Ongoing and repetitive Its purpose is to sustain

Projects
Temporary and unique Its purpose is to fulfill its objectives and terminate

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Project vs. Operational Work (Cont)

Similarities
Performed by people Resource constrained Planned, executed and controlled

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Why Projects

Projects are authorized due to


Market demand Organizational need Customer request Technology advancement Legal requirement

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What is Project Management (PM)?

PM Includes
Identifying project requirements Establishing clear yet achievable objectives Balancing the triple constraint Adapting the specifications, plans, and approach to the different concerns of the all stakeholders

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PMBOK! PMBOK Guide!

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The PMBOK

The Project Management Body of Knowledge (PMBOK) is all the knowledge about the project management profession A Guide to the PMBOK is a standard developed by PMI to identify that subset of the PMBOK that is generally recognized as good practices (PMBOK Guide 3)

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The PMBOK

(cont)

PMBOK Guide addresses single projects only PM team responsible to customize the PMBOK Guide to fit their project

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The Triple Constraint

st Co

Ti m
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Quality Scope

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Areas of Expertise

A PM is a mile wide and an inch deep


PM Body of Knowledge PMBOK Guide

Interpersonal skills

Application Area Knowledge, Standards & Regulations

General Management Knowledge & Skills

Understanding the Project Environment

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Processes Interactions

(Cont) (Fig 3-12, PMBOK 69)


Monitoring and Controlling Processes
Planning Processes

Project Process Groups Life Cycle Life Cycle

Initiating Processes

Closing Processes

Executing Processes

Phase

Phase

Phase

Phase

Monitoring and Controlling Processes


Planning Processes

Monitoring and Controlling Processes


Planning Processes

Monitoring and Controlling Processes


Planning Processes

Monitoring and Controlling Processes


Planning Processes

Initiating Processes

Closing Processes

Initiating Processes

Closing Processes

Initiating Processes

Closing Processes

Initiating Processes

Closing Processes

Executing Processes

Executing Processes

Executing Processes

Executing Processes

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Key Terms in PM

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Program Program A
Proj X

Extra Benefit
Proj Y

Proj Z

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Portfolio Portfolio
Program A
Proj X

Strategic Objective
Extra Benefit
Proj Y

Proj N Operations

Proj Z

Proj M

Program B
Proj U

Extra Benefit
Proj W

Proj V

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Subproject

Proj X Sub X1 Sub Xn

Sub X2

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Project Management Office (PMO)

An organizational unit (ex. department) Centralizes and brings together PM Other names
Project Office Program Management Office Program Office

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PMO Functions

(Cont)

Make recommendations Provide PM support (training, software, standardized policies and procedures) Manage and responsible for achieving projects objectives Involved in the selection, management, and redeployment of project personnel

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OPM3

Organizational Project Management Maturity Model Developed by PMI for the overall organizational maturity in PM

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Management by Projects

Differs from PM Management approach that should be adapted and supported by top management Example: publishing a newspaper or magazine

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Stakeholders

What do we mean by Stakeholders?

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Stakeholders (Cont)

Anyone whose affected by or can affect project results


(Fig 2-5, PMBOK Guide 25)

Includes
Project Manager Customer/ user Performing Organization Sponsor Project Management Team Project Team PMO Others (Influencers)
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The Relationship Between Stakeholders and the Project (Fig 2-5, PMBOK 25)
Project
Project Sponsor

Project Manager

Project Management Team Project Team

Project Stakeholders

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Stakeholders

(Cont)

What should the PM do with Stakeholders?

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Stakeholders

(Cont)

The PM Should
Identify stakeholders Determine their requirements Determine and manage their expectations Communicate with them Manage their influences (negative and positive)

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Project Management System

The set of tools, techniques, methodologies, resources, and procedures used to manage a project

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The Project Life Cycle

Characteristics of the Project Life Cycle Characteristics of Project Phases Project Life Cycle & Product Life Cycle

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Characteristics of the Project Life Cycle

Sequential Defines project phases No one ideal project life cycle It could be general or detailed When moving from one phase to another
Technical handover Deliverables examination
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Characteristics of the Project Life Cycle

(Cont)

For each phase, Project Life Cycle generally identifies


What technical work to be done When deliverables to be generated How deliverables are reviewed, verified, and validated Who is involved How to control and approve the phase

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Characteristics of the Project Life Cycle

(Cont)

The level of uncertainty (and therefore risk) is highest at start Certainty gets progressively better with time

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Characteristics of the Project Life Cycle

(Cont)

High

End

Influence of Stakeholders

Low

Cost of Change Time (phase)

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Characteristics of Project Phases

Deliverables
A deliverable is an assessable, quantifiable, verifiable work result such as feasibility study report, prototype, or design document Types of deliverables
PM Process deliverable Final product Component of the final product

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Characteristics of Project Phases

(Cont)

For larger projects, a phase can be divided into phases Each project phase includes all PM process groups

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Organizational Influences

Introduction Organizational Systems Organizational Cultures and Styles Organizational Structure The Role of PMO in Organizational Structures

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Organizational Influences Intro.

A project is influenced by
The organization that initiated it How mature the organization is with respect to
Project Management System Culture and style Organizational Structure

PMO

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Organizational Systems

Project-based organizations
Primarily derive their revenues from projects Adapted Management by Projects

Non-project-based organizations
Lack management systems that support project needs This makes PM more difficult May have organizational units that work as a project-based organization

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Organizational Cultures and Styles

Beliefs, shared values, norms, and expectations Policies and procedures View of authority relationships Work hours and work ethics

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Organizational Structure

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Functional Organization
Project Coordination

(Fig 2-7, PMBOK 29)

(Gray boxes represent staff engaged in project activities.)


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Projectized Organization
Project Coordination

(Fig 2-8, PMBOK 29)

(Gray boxes represent staff engaged in project activities.)


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Weak Matrix Organization

(Fig 2-9, PMBOK 30)

Project Coordination

(Gray boxes represent staff engaged in project activities.)


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Balanced Matrix Organization

(Fig 2-10, PMBOK 30)

Project Coordination

(Gray boxes represent staff engaged in project activities.)


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Strong Matrix Organization

(Fig 2-11, PMBOK 31)

Project Coordination

(Gray boxes represent staff engaged in project activities.)


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Composite Organization

(Fig 2-12, PMBOK 31)

Project B Coordination

Project A Coordination
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(Gray boxes represent staff engaged in project activities.)

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Organizational Structure Influences on Projects


PMBOK 28)
Organizational Structure Project Characteristics

(Fig 2-6,

Matrix
Functional

Weak Matrix
Limited

Balanced Matrix
Low to Moderate Low to Moderate Mixed Full-time

Strong Matrix
Moderate to High Moderate to High Project Manager Full-time

Projectized

Project Managers Authority Resource Availability Who controls the project budget Project Managers Role Project Management Administrative Staff
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Little or None Little or None Functional Manager Part-time

High to Almost Total High to Almost Total Project Manager Full-time

Limited Functional Manager Part-time

Part-time

Part-time

Part-time

Full-time

Full-time

Organizational Structure Comparison

(Cont)

In matrix organizations PM and functional manager share project responsibility Resources in Matrix organizations have two bosses! dual reporting PM responsible to have a successful project

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The Role of PMO in Organizational Structures

How does PMO affect the organization structure?

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Functional Organization No PMO


Project Coordination

(Gray boxes represent staff engaged in project activities.)


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Projectized Organization with PMO

Project Coordination

(Gray boxes represent staff engaged in project activities.)


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Weak Matrix Organization with PMO

Project Coordination

(Gray boxes represent staff engaged in project activities.)


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Balanced Matrix Organization with PMO

Project Coordination

(Gray boxes represent staff engaged in project activities.)


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Strong Matrix Organization with PMO

Project Coordination

(Gray boxes represent staff engaged in project activities.)


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Composite Organization with PMO

Project B Coordination

Project A Coordination
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(Gray boxes represent staff engaged in project activities.)

Contents at a Glance
Key Concepts The Standard for PM of a Project The PM Process Groups Integration Management Scope Management Time Management Cost Management Quality Management HR Management Communications Management Risk Management Procurement Management Code of Ethics The Exam Tips & Tricks and Simulation Exam

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The Standard for PM of a Project


Introduction PM Processes PM Process Groups Processes Interactions PM Process Mappings

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Introduction

For a successful project, PM team must


Select proper processes Use a defined and clear approach to adopt the product specifications and plans Act in accordance with requirements to meet stakeholders needs, wants, and expectations Balance the competing demands of scope, time, cost, quality, resources, and risk to bring into being a quality product

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What does Project Management Process Groups mean?

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PM Process Groups

Plan Do Check Act


Outputs (results) from one process are inputs to another
Monitoring and Controlling Processes
Planning Processes

Plan Do Act Check


Initiating Processes

Closing Processes

Executing Processes

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PM Process Groups (Cont)

What is the difference between Corrective Action And Preventive Action?

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PM Process Groups (Cont) Corrective & Preventive Actions

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PM Process Groups (Cont) Corrective & Preventive Actions Corrective Action

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PM Process Groups (Cont) Corrective & Preventive Actions Preventive Action

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PM Process Groups

(Cont)

All five groups are required for any project Not all processes are required Independent of application area Iterated throughout the project

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Processes Interactions
Initiating Planning Process Process Group Group

(Cont) Monitoring & Controlling Process Group

Level of Process Interaction

Executing Process Group

Closing Process Group

Start

Time
Fig 3-11, PMBOK 68
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Finish

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PM Process Mapping

Table 3-45 PMBOK Guide 70


5 Process Groups 9 Knowledge Areas 44 Processes

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Contents at a Glance
Key Concepts The Standard for PM of a Project The PM Process Groups Integration Management Scope Management Time Management Cost Management Quality Management HR Management Communications Management Risk Management Procurement Management Code of Ethics The Exam Tips & Tricks and Simulation Exam

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Initiating

Planning

Executing

M&C

Closing

Initiating

Initiating: Grants the approval and authorization to assign the organizations resources to working on the project or phase. It happens at the start of the project or project phase

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Initiating

Planning

Executing

M&C

Closing

Initiating

(Cont)

Project Boundaries
Monitoring and Controlling Processes Planning Processes

Project Deliverables

End Users

Project Initiator/ Sponsor

Project Inputs

Initiating Processes

Closing Processes

Executing Processes

Project Records

Process Assets

Project Boundaries (Fig 3-5, PMBOK 43)


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Initiating

Planning

Executing

M&C

Closing

Initiating

(Cont)

Starts a project or project phase Define project purpose Identify project objectives Initial scope description Define required resources Assign and authorize PM Document initial assumptions and constraints Divide large projects into phases

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Initiating

Planning

Executing

M&C

Closing

Initiating

(Cont)

Develop Project Charter 3.2.1.1 (4.1)

Planning Planning Process Group Process Group

Develop Preliminary Project Scope Statement 3.2.1.2 (4.2)

Executing Executing Process Group Process Group

M&C M&C Process Group Process Group

Fig 3-6, PMBOK 44


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Initiating

Planning

Executing

M&C

Closing

Planning

Planning: Describes and purifies objectives, and plans all actions required to achieve the objectives and scope that the project was carried out to address

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Initiating

Planning

Executing

M&C

Closing

Planning

(Cont)

Develops the PM plan Identifies, defines, and matures the project scope, cost and Schedule Iterative and progressively elaborated

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Initiating

Planning

Executing

M&C

Closing

Planning

(Cont)

PM plan is a live document Caution: plans are developed to be followed but they can and will change over the Program of the project execution Planning cannot continue forever
The Performing Organization procedures should identify when it should stop

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Initiating

Planning

Executing

M&C

Closing

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Initiating

Planning

Executing

M&C

Closing

Executing

Executing: Puts together people, materials, tools, and other resources to undertake the PM plan for the project Processes to do the PM plan

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Initiating

Planning

Executing

M&C

Closing

Executing

(Cont)

Coordinating people and other resources Integrating and performing project activities The Executing processes consumes the majority of the project budget

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Initiating Executing
(Cont)

Planning

Executing

M&C

Closing

Initiating Initiating Process Process Group Group

Perform Quality Assurance 3.2.3.2 (8.2) Acquire Project Team 3.2.3.3 (9.2) Information Distribution 3.2.3.5 (10.2)

M&C M&C Process Process Group Group

Direct & Manage Project Execution 3.2.3.1 (4.4)

Develop Project Team 3.2.3.4 (9.3)

Select Sellers 3.2.3.7 (12.4)

Planning Planning Process Process Group Group

Request Seller Responses 3.2.3.6 (12.3)

Closing Closing Process Process Group Group

Fig 3-8, PMBOK 55


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Initiating M&C

Planning

Executing

M&C

Closing

Monitoring and controlling


Watch the progress on a regular basis. Measure variances from the PM Plan Recommend corrective or preventive actions when necessary Meet project objectives and ensure successful result

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Initiating M&C
(Cont)

Planning

Executing

M&C

Closing

Initiating Initiating Process Process Group Group

Scope Verification 3.2.4.3 (5.4)`

Monitor & Control Project Work 3.2.4.1 (4.5)

Scope Control 3.2.4.4 (5.5) Schedule Control 3.2.4.5 (6.6) Cost Control 3.2.4.6 (7.3)

Planning Planning Process Process Group Group


Integrated Change Control 3.2.4.2 (4.6)

Perform Quality Control 3.2.4.7 (8.3) Manage Project Team 3.2.4.8 (9.4) Performance Reporting 3.2.4.9 (10.3) Manage Stakeholders 3.2.4.10 (10.4) Risk Monitoring and Control 3.2.4.11 (11.6) Contract Administration 3.2.4.12 (12.5)

Closing Closing Process Process Group Group

Executing Executing Process Process Group Group

Fig 3-9, PMBOK 60


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Initiating Closing

Planning

Executing

M&C

Closing

Closing: Brings a formal acceptance of the project, service, or result and orderly end activities of a project phase or the project itself

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Initiating

Planning

Executing

M&C

Closing

Closing

(Cont)

When completed
Verifies that the defined processes are completed within all the Process Groups to close the project or a project phase, as appropriate Formally establishes that the project or project phase is finished (PMBOK Guide 66)

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Initiating

Planning

Executing

M&C

Closing

Closing

(Cont)

Planning Planning Process Process Group Group

Close Project 3.2.5.1 (4.7)

Executing Executing Process Process Group Group

Monitoring & Monitoring & Controlling Controlling Process Process Group Group

Contract Closure 3.2.5.2 (12.6)

Fig 3-10 PMBOK 66


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Contents at a Glance
Key Concepts The Standard for PM of a Project The PM Process Groups Integration Management Scope Management Time Management Cost Management Quality Management HR Management Communications Management Risk Management Procurement Management Code of Ethics The Exam Tips & Tricks and Simulation Exam

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The PM Knowledge Areas Intro.

What does Project Management Knowledge Area mean?


An identified area of project management defined by its knowledge requirements and described in terms of its component processes, practices, inputs, outputs, tools, and techniques PMBOK 369
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The PM Knowledge Areas

Inputs to the first process and available for succeeding processes in their latest updated form
PM plan Organizational Process Assets Enterprise Environmental Factors

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The PM Knowledge Areas

What is a Process?
A set of interconnected actions and activities carried out to attain a particular set of services, products, or results

Inputs T&T Outputs


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4. Project Integration Management

Processes and activities needed to


Identify Define Combine Unify Coordinate

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Initiating

Planning

Executing

M&C

Closing
3.2.1.1 4.1

Develop Project Charter


Inputs .1 Contract (when applicable) .2 Project Statement Of Work (SOW) .3 Enterprise Environmental Factors .4 Organizational Process Assets

T&T .1 Project Selection Methods .2 PM Methodology .3 PM Information System (PMIS) .4 Expert Judgment

Integration

Outputs .1 Project Charter

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Initiating

Planning

Executing

M&C

Closing
3.2.1.2 4.2

Develop Preliminary Project Scope Statement Cont)

Inputs .1 Project Charter .2 Project Statement of Work .3 Enterprise Environmental Factors .4 Organizational Process Assets T&T .1 PM Methodology .2 PMIS .3 Expert judgment

Integration

Outputs .1 Preliminary Project Scope Statement

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Initiating

Planning

Executing

M&C

Closing
3.2.1.2 4.2

Develop Preliminary Project Scope Statement: Outputs (Cont)

.1 Preliminary Project Scope Statement


Project and product objectives Product or service requirements and characteristics Product acceptance criteria Project boundaries Project requirements and deliverables Project constraints Project assumptions

Integration
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Initiating Develop PM Plan


(Cont)

Planning

Executing

M&C

Closing
3.2.2.1 4.3

Inputs .1 Preliminary project scope statement .2 PM processes (~PMBOK Guide!) .3 Enterprise Environmental Factors .4 Organizational Process Assets T&T .1 PM methodology .2 PMIS .3 Expert judgment

Integration

Outputs .1 PM Plan

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Initiating Develop PM Plan: Outputs

Planning

Executing

M&C

Closing
3.2.2.1 4.3

(Cont)

Templates
Scope Mgt Plan Component Schedule Mgt Plan Component Cost Mgt Plan Component

PM Plan

Quality Mgt Plan Component

Staffing Mgt Plan Communication Mgt Plan

Component

Integration

Risk Mgt Plan Procurement Mgt Plan

Component

Components
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Initiating

Planning

Executing (Cont)

M&C

Closing
3.2.3.1 4.4

Direct and Manage Project Execution

Typical cycle of Requested Changes, Corrective or Preventive Action


Recommended requested changes Authorized review

Implemented requested changes Y Approved

Re-clarify request justification

Integration

N Project archive Y Justification accepted Requester review

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Initiating

Planning

Executing (Cont)

M&C

Closing
3.2.3.1 4.4

Direct and Manage Project Execution

Typical defect repair cycle


Validated Deliverable Pass Deliverable QC Check Fail Repairable N
Y

Request Defect Repair

Integration

Scrap

Approved Y

Defect Repair

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Initiating

Planning

Executing

M&C

Closing
3.2.3.1 4.4

Direct and Manage Project Execution (Cont)

Inputs .1 PM Plan .2 Approved Corrective Actions .3 Approved Preventive Actions .4 Approved Change Requests .5 Approved Defect Repair .6 Validated Defect Repair .7 Administrative Closure Procedure Outputs .1 Deliverables .2 Requested Changes .3 Implemented Change Requests .4 Implemented Corrective Actions .5 Implemented Preventive Actions .6 Implemented Defect Repair .7 Work Performance Info.
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T&T .1 PM Methodology .2 PMIS

Integration

Initiating

Planning

Executing

M&C

Closing
3.2.4.1 4.5

Monitor and Control Project Work

Monitor all project processes from initiating, planning, executing and closing Corrective or preventive actions are recommended to control and direct the project performance

Integration
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Initiating

Planning

Executing

M&C

Closing
3.2.4.1 4.5

Monitor and Control Project Work (Cont)

Monitoring is done throughout the project; it includes


Collecting Measuring Circulating performance information Assessing measurements and trends. Process improvements

Integration
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Initiating

Planning

Executing

M&C

Closing
3.2.4.1 4.5

Monitor and Control Project Work (Cont)

Inputs .1 PM Plan .2 Work Performance Information .3 Rejected Change Requests T&T .1 PM Methodology .2 PMIS .3 Earned Value Technique .4 Expert Judgment

Integration
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Outputs .1 Recommended Corrective Actions .2 Recommended Preventive Actions .3 Forecasts .4 Recommended Defect Repair .5 Requested Changes

PMP Exam Prep Camp

Initiating

Planning

Executing

M&C

Closing
3.2.4.2 4.6

Integrated Change Control

From start to end Required because projects hardly ever run exactly according to the PM Plan

Integration
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Initiating

Planning
(Cont)

Executing

M&C

Closing
3.2.4.2 4.6

Integrated Change Control


Inputs .1 PM Plan .2 Requested Changes .3 Work Performance Information .4 Recommended Preventive Actions .5 Recommended Corrective Actions .6 Recommended Defect Repair .7 Deliverables Outputs .1 Approved Change Requests .2 Rejected Change Requests .3 PM Plan (Updates) .4 Project Scope Statement (Updates) .5 Approved Corrective Actions .6 Approved Preventive Actions .7 Approved Defect Repair .8 Validated Defect Repair .9 Deliverables
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T&T .1 PM Methodology .2 PMIS .3 Expert Judgment

Integration

PMP Exam Prep Camp

Initiating

Planning

Executing

M&C

Closing
3.2.5.1 4.7

Close Project

Engages executing the project closure part of the PM plan Includes


Concluding on all activities completed across all PM Process Groups to
Formally close the project or project phase Transfer the finished or cancelled project as appropriate

Integration
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Initiating

Planning

Executing

M&C

Closing
3.2.5.1 4.7

Close Project

(Cont)

Inputs .1 PM Plan .2 Contract Documentation .3 Enterprise Environmental Factors .4 Organizational Process Assets .5 Work Performance Information .6 Deliverables Outputs .1 Administrative Closure Procedure .2 Contract Closure Procedure .3 Final Product, Service, or Result .4 Organizational Process Assets (update)

T&T .1 PM Methodology .2 PMIS .3 Expert Judgment

Integration
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Contents at a Glance
Key Concepts The Standard for PM of a Project The PM Process Groups Integration Management Scope Management Time Management Cost Management Quality Management HR Management Communications Management Risk Management Procurement Management Code of Ethics The Exam Tips & Tricks and Simulation Exam

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Initiating

Planning

Executing

M&C

Closing
3.2.2.2 5.1

Scope Planning

(Cont)

Inputs .1 Enterprise Environmental Factors .2 Organizational Process Assets .3 Project Charter .4 Preliminary Project Scope Statement .5 PM Plan

T&T .1 Expert judgment .2 Templates, Forms, Standards

Scope

Outputs .1 Scope Management Plan

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Initiating

Planning

Executing

M&C

Closing
3.2.2.2 5.1

Scope Planning: Outputs

(Cont)

.1 Scope Management Plan: How scope will be


Defined Detailed Verified Controlled

Scope
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Initiating

Planning

Executing

M&C

Closing
3.2.2.3 5.2

Scope Definition

Developing an in depth project scope statement as the foundation for future scope activities. Expand the Preliminary Project Scope Statement

Scope
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Initiating

Planning

Executing

M&C

Closing
3.2.2.3 5.2

Scope Definition

(Cont)

Inputs .1 Organizational Process Assets .2 Project Charter .3 Preliminary Project Scope Statement .4 Project Scope Management Plan .5 Approved Change Requests

T&T .1 Product Analysis .2 Alternatives Identification .3 Expert judgment .4 Stakeholder Analysis

Scope

Outputs .1 Project Scope Statement .2 Requested Changes .3 Project Scope Management Plan (Updates)

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Initiating Create WBS

Planning

Executing

M&C

Closing
3.2.2.4 5.3

Work Break Down Structure. Defining and organizing the total scope of the project using a ranking tree structure. Subdivides projects work into lesser, more controllable, manageable pieces Work Packages
The lowest rank of the WBS Can be scheduled, cost projected, monitored, and controlled

Scope
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Initiating Create WBS


(Cont)

Planning

Executing

M&C

Closing
3.2.2.4 5.3

Inputs .1 Organizational Process Assets .2 Project Scope Statement .3 Project Scope Management Plan .4 Approved Change Requests T&T .1 WBS templates .2 Decomposition

Scope
123

Outputs .1 Project Scope Statement (updates) .2 WBS .3 WBS Dictionary .4 Scope baseline .5 Project Scope Management Plan (updates) .6 Requested Changes

Initiating Create WBS: Outputs


(Cont)

Planning

Executing

M&C

Closing
3.2.2.4 5.3

Scope
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Initiating Scope Verification

Planning

Executing

M&C

Closing
3.2.4.3 5.4

Formal stakeholders acceptance of


The completed project scope Associated deliverables Work results

Incorporates reviewing deliverables to assure that it is done satisfactory Even if the project is terminated early, it should be established
Scope
125

Initiating

Planning

Executing

M&C

Closing
3.2.4.3 5.4

Scope Verification (Cont)

Differs from QC
Scope verification is concerned with acceptance of the deliverables QC is concerned with complying with the quality requirements

QC is usually done before scope verification


But can be done in parallel

Scope
126

PMP Exam Prep Camp

Initiating

Planning

Executing

M&C

Closing
3.2.4.3 5.4

Scope Verification (Cont)


Inputs .1 Project Scope Statement .2 WBS Dictionary .3 Project Scope Management Plan .4 Deliverables T&T .1 Inspection

Scope
127

Outputs .1 Accepted Deliverables .2 Requested Changes .3 Recommended Corrective Actions

Initiating

Planning

Executing

M&C

Closing
3.2.4.4 5.5

Scope Control

Assures all requested changes are processed through the Integrated Change Control Integrated with other control processes

Scope
128

PMP Exam Prep Camp

Initiating

Planning

Executing

M&C

Closing
3.2.4.4 5.5

Scope Control (Cont)

Scope

Outputs .1 Project Scope Statement (Updates) .2 WBS (Updates) .3 WBS Dictionary (Updates) .4 Scope Baseline (Updates) .5 Requested Changes .6 Recommended Corrective Action .7 Organizational Process Assets (Updates) .8 PM Plan (Updates)

T&T .1 Change Control System .2 Variance Analysis .3 Replanning .4 Configuration Management System

129

Initiating

Planning

Executing

M&C

Closing
3.2.4.4 5.5

Scope Control (Cont)


Inputs .1 Project Scope Statement .2 WBS .3 WBS Dictionary .4 Project Scope Management Plan .5 Performance Reports .6 Approved Change Requests .7 Work Performance Information

T&T .1 Change Control System .2 Variance Analysis .3 Replanning .4 Configuration Management System

Scope
130

PMP Exam Prep Camp

Contents at a Glance
Key Concepts The Standard for PM of a Project The PM Process Groups Integration Management Scope Management Time Management Cost Management Quality Management HR Management Communications Management Risk Management Procurement Management Code of Ethics The Exam Tips & Tricks and Simulation Exam
131

Initiating

Planning

Executing

M&C

Closing
3.2.2.5 6.1

Activity Definition

Decomposing Work Packages into smaller components (Schedule Activities) to provide basis for estimation Schedule Activities are not part of the WBS

Often carried out by the project team members in charge of the work package

Time
132

PMP Exam Prep Camp

Initiating

Planning

Executing

M&C

Closing
3.2.2.5 6.1

Activity Definition (Cont)


Inputs .1 Enterprise Environmental Factors .2 Organizational Process Assets .3 Project Scope Statement .4 WBS .5 WBS Dictionary .6 PM Plan

T&T .1 Decomposition .2 Templates .3 Rolling Wave Planning .4 Expert judgment .5 Planning Component

Time
133

Outputs .1 Activity List .2 Activity Attributes .3 Milestones List .4 Requested Changes

Initiating Activity Sequencing

Planning

Executing

M&C

Closing
3.2.2.6 6.2

Recognizing and documenting the sound associations among schedule activities Shows leads and lags

Time
134

PMP Exam Prep Camp

Initiating Activity Sequencing (Cont) Inputs .1 Project Scope Statement .2 Activity List .3 Activities Attributes .4 Milestone List .5 Approved Change Requests

Planning

Executing

M&C

Closing
3.2.2.6 6.2

T&T .1 Precedence Diagramming Method (PDM) .2 Arrow Diagramming Method (ADM) .3 Schedule Network Templates .4 Dependency Determination .5 Applying Leads and Lags

Time

Outputs .1 Project Schedule Network Diagram .2 Activity list (updates) .3 Activity attributes (updates) .4 Requested changes
135

Initiating

Planning

Executing

M&C

Closing
3.2.2.6 6.2

Activity Sequencing: T&T (Cont)


B

1
C

4
H F

5
G

Begin

End

I K

L 12 Activities 2 Dummies

Time
136

PMP Exam Prep Camp

Initiating

Planning

Executing

M&C

Closing
3.2.2.6 6.2

Activity Sequencing: T&T (Cont)

.5 Applying Leads and Lags


Activity B leads activity A by (t2-t1) A B Activity D lags activity C by (t4-t3)

Activity

Time

t1
137

t2

t3

t4

time

Initiating

Planning

Executing

M&C

Closing
3.2.2.7 6.3

Activity Resource Estimating

Estimate resource requirements


Type: Human resources, equipment, or material Quantity Time

Closely coordinated and matched with Cost Estimating process

Time
138

PMP Exam Prep Camp

Initiating

Planning

Executing

M&C

Closing
3.2.2.7 6.3

Activity Resource Estimating (Cont)


Inputs .1 Enterprise Environmental Factors .2 Organizational Process Assets .3 Activity List .4 Activity Attributes .5 Resource Availability .6 PM Plan

T&T .1 Expert Judgment .2 Alternative Analyses .3 Published Estimating Data .4 PM Software .5 Bottom-up Estimating

Time
139

Outputs 1.Activity Resource Requirements 2.Activity Attributes (updates) 3.Resource Breakdown Structure 4.Resource Calendar (updates) 5.Requested Changes

Initiating

Planning

Executing

M&C

Closing
3.2.2.8 6.4

Activity Duration Estimating (Cont)

Can the project duration be calculated out of this process?

Time
140

PMP Exam Prep Camp

Initiating

Planning

Executing

M&C

Closing
3.2.2.8 6.4

Activity Duration Estimating (Cont)


Inputs .1 Enterprise Environmental Factors .2 Organizational Process Assets .3 Project Scope Statement .4 Activity list .5 Activity Attributes .6 Activity Resource Requirements .7 Resource Calendar .8 PM Plan Risk Register Activity Cost Estimates Outputs .1 Activity Duration Estimates .2 Activity Attributes (updates)

T&T .1 Expert Judgment .2 Analogous Estimating .3 Parametric Estimating .4 Three-Point Estimates .5 Reserve Analysis

Time
141

Initiating

Planning

Executing

M&C

Closing
3.2.2.9 6.5

Schedule Development

Iterative process Determines planned start and finish dates for each activity The Schedule Management Plan
Output of the Develop PM Plan process Sets the layout, format and establishes criteria for developing and managing, and controlling the project schedule

Time
142

PMP Exam Prep Camp

Initiating

Planning

Executing

M&C

Closing
3.2.2.9 6.5

Schedule Development (Cont)


T&T .1 Schedule Network Analysis .2 Critical Path Method .3 Schedule Compression .4 What-If Scenario Analysis .5 Resource Leveling .6 Critical Chain Method .7 PM Software .8 Applying Calendars .9 Adjusting Leads and Lags .10 Schedule Model

Time
143

Outputs .1 Project Schedule .2 Schedule Model Data .3 Schedule Baseline .4 Resource requirements (updates) .5 Activity Attributes (updates) .6 Project Calendar (updates) .7 Requested Changes .8 PM Plan (updates) Schedule Management Plan (updates)

Initiating

Planning

Executing

M&C

Closing
3.2.2.9 6.5

Schedule Development (Cont)


Inputs .1 Organizational Process Assets .2 Project Scope Statement .3 Activity List .4 Activity Attributes .5 Project Schedule Network Diagrams .6 Activity Resource Requirements .7 Resource Calendars .8 Activity Duration Estimates .9 PM Plan Risk Register

Time

T&T .1 Schedule Network Analysis .2 Critical Path Method .3 Schedule Compression .4 What-If Scenario Analysis .5 Resource Leveling .6 Critical Chain Method .7 PM Software .8 Applying Calendars .9 Adjusting Leads and Lags .10 Schedule Model

144

PMP Exam Prep Camp

Initiating

Planning

Executing

M&C

Closing
3.2.2.9 6.5

Schedule Development: T&T (Cont)


.1 Schedule Network Analysis
Methods to produce the project schedule Ex. Critical Path Method, Critical Chain Method, What-If analysis, Resource Leveling

Time
145

Initiating

Planning

Executing

M&C

Closing
3.2.2.9 6.5

Schedule Development: T&T (Cont)


.2 Critical Path Method (CPM) (Cont)
Regardless of resource limitations, calculate
Early start and finish dates (forward pass) Late start and finish dates (backward pass)

Free Float is the amount of time for an activity to be delayed without delaying the early start of any immediate successor activity Schedule flexibility (Total Float) is calculated by the positive difference between early and late dates for each path

Time
146

PMP Exam Prep Camp

Initiating

Planning

Executing

M&C

Closing
3.2.2.9 6.5

Schedule Development: T&T (Cont)


.2 Critical Path Method (CPM) (Cont)
Critical Path (CP) has Total Float = zero (i.e. the longest path) Computes the earliest finish date More than one CP can exist on a network diagram

Time
147

Initiating

Planning

Executing

M&C

Closing
3.2.2.9 6.5

Schedule Development: T&T (Cont)


.2 Critical Path Method (CPM) (Cont)

Progressive elaboration may cause CP to change during the project life PM should pay close attention to paths that are close to CP Critical Activities are those that are on the CP

Time
148

PMP Exam Prep Camp

Initiating

Planning

Executing

M&C

Closing
3.2.2.9 6.5

Schedule Development: T&T (Cont)

.2 Critical Path Method (CPM)


Tutorial

(Cont)

Activity
A B C D E F End
149

Preceding Activity
Begin A B, E Begin D D C, F

Estimate
3 2 4 2 5 5 0

Time

Initiating

Planning

Executing

M&C

Closing
3.2.2.9 6.5

Schedule Development: T&T CPM Tutorial Constructing the network (Cont) 3 A 2 B 4 C Begin 2 Legend:
Blue: Duration Black: ES & EF Orange: LS & LF Red: Critical Path Green: Float

5 E
A Begin A B, E Begin D D C, F

End

3 2 4 2 5 5 0

5 F

B C D E F End

Time

150

PMP Exam Prep Camp

Initiating

Planning

Executing

M&C

Closing
3.2.2.9 6.5

Schedule Development: T&T CPM Tutorial: Forward Pass (Cont) 3 2 0 A 3 3 B 5 4 7 C Begin 0 2 Legend:
Blue: Duration Black: ES & EF Orange: LS & LF Red: Critical Path Green: Float

11 11 End

5 2 E 2 5 2 F 7 7

0 D

A B C D E F End

Begin A B, E Begin D D C, F

3 2 4 2 5 5 0

Time

151

Initiating

Planning

Executing

M&C

Closing
3.2.2.9 6.5

Schedule Development: T&T CPM Tutorial: Backward Pass (Cont) 3 0 A 2 Begin 3 5 3 B 5 5 2 E 2 2 5 2 2 F 6 7 11 7 7


A B C D E F End 152 Begin A B, E Begin D D C, F

2 5 4 7 7 C 7 11 11 11 End

0 2

Legend:
Blue: Duration Black: ES & EF Orange: LS & LF Red: Critical Path Green: Float

0 D 0

3 2 4 2 5 5 0

Time

PMP Exam Prep Camp

Initiating

Planning

Executing

M&C

Closing
3.2.2.9 6.5

Schedule Development: T&T CPM Tutorial: Critical Path (Cont) Use either 2 3 2 2 2 Float = LS-ES 0 3 3 Float = LF-EF A B 2 5 5 Begin 0 0 Legend:
Blue: Duration Black: ES & EF Orange: LS & LF Red: Critical Path Green: Float

2 5 0 7 5 0 7 7 7 C 7 4

Critical Path where float = 0 0 11 11 11 End

0 2 E 2 4 2 2 F 6

0 2

0 D 0

Begin A B, E Begin D D C, F

3 2 4 2 5 5 0

4 7 11

B C D E F End

Time

153

Initiating

Planning

Executing

M&C

Closing
3.2.2.9 6.5

Schedule Development: T&T (Cont)


.3 Schedule Compression: shortens schedule without changing scope
Crashing

Obtain the greatest amount of compression for the least cost increment Does not always generate a feasible substitute May lead to an increased cost

Fast Tracking: sequential phases or activities are performed in parallel


More resources will often be required Can cause rework and increased risk

Time
154

PMP Exam Prep Camp

Initiating

Planning

Executing

M&C

Closing
3.2.4.5 6.6

Schedule Control

Deciding on the current status of the project schedule Influencing the factors that make schedule changes Verifying that the project schedule has changed Managing and controlling the actual changes as they occur

Time
155

Initiating

Planning

Executing

M&C

Closing
3.2.4.5 6.6

Schedule Control (Cont)

Time

Outputs .1 Schedule Model Data (Updates) .2 Schedule Baseline (Updates) .3 Performance Measurements .4 Requested Changes .5 Recommended Corrective Action .6 Organizational Process Assets (Updates) .7 Activity List (updates) .8 Activity Attributes (updates) .9 PM Plan (Updates)
156

T&T .1 Progress Reporting .2 Schedule Change Control System .3 Performance Measurement .4 PM Software .5 Variance Analysis .6 Schedule Comparison Bar Charts

PMP Exam Prep Camp

Initiating

Planning

Executing

M&C

Closing
3.2.4.5 6.6

Schedule Control (Cont)


Inputs .1 Schedule Management Plan .2 Schedule Baseline .3 Performance Reports .4 Approved Change Requests T&T .1 Progress Reporting .2 Schedule Change Control System .3 Performance Measurement .4 PM Software .5 Variance Analysis .6 Schedule Comparison Bar Charts

Time
157

Contents at a Glance
Key Concepts The Standard for PM of a Project The PM Process Groups Integration Management Scope Management Time Management Cost Management Quality Management HR Management Communications Management Risk Management Procurement Management Code of Ethics The Exam Tips & Tricks and Simulation Exam
158

PMP Exam Prep Camp

Initiating

Planning

Executing

M&C

Closing
3.2.2.10 7.1

Cost Estimating

Develop an estimate of resource costs to complete every activity The estimator should consider the likely causes of variation of the cost estimates, as well as risks Includes identifying, recognizing, and considering various cost alternatives

Cost
159

Initiating

Planning

Executing

M&C

Closing
3.2.2.10 7.1

Cost Estimating (Cont)


T&T .1 Analogous Estimating .2 Determine Resource Cost Rates .3 Bottom-up Estimating .4 Parametric Estimating .5 PM Software .6 Vendor Bid Analysis .7 Reserve Analysis .8 Cost of Quality Outputs .1 Activity Cost Estimates .2 Activity Cost Estimate Supporting Detail .3 Requested Changes .4 Cost Management Plan (Updates)
160

Cost

PMP Exam Prep Camp

Initiating

Planning

Executing

M&C

Closing
3.2.2.10 7.1

Cost Estimating (Cont)


Inputs .1 Enterprise Environmental Factors .2 Organizational Process Assets .3 Project Scope Statement .4 WBS .5 WBS Dictionary .6 PM Plan Schedule Mgt Plan Staffing Mgt Plan Risk Register

Cost

T&T .1 Analogous Estimating .2 Determine Resource Cost Rates .3 Bottom-up Estimating .4 Parametric Estimating .5 PM Software .6 Vendor Bid Analysis .7 Reserve Analysis .8 Cost of Quality

161

Initiating

Planning

Executing

M&C

Closing
3.2.2.11 7.2

Cost Budgeting

Totaling the estimated costs of all project activities or work packages Establishes a cost baseline which is used to measure project performance

Cost
162

PMP Exam Prep Camp

Initiating

Planning

Executing

M&C

Closing
3.2.2.11 7.2

Cost Budgeting (Cont)


Inputs .1 Project Scope Statement .2 WBS .3 WBS Dictionary .4 Activity Cost Estimates .5 Activity Cost Estimate Supporting Detail .6 Project Schedule .7 Resource Calendars .8 Contract .9 Cost Management Plan Outputs .1 Cost Baseline .2 Project Funding Requirements .3 Cost Management Plan (updates) .4 Requested Changes
163

T&T .1 Cost Aggregation .2 Reserve Analysis .3 Parametric Estimating .4 Funding Limit Reconciliation

Cost

Initiating

Planning

Executing

M&C

Closing
3.2.2.11 7.2

Cost Budgeting: T&T (Cont)


Cost Budget = Cost Baseline + Mgt Contingency Project X (includes all Control Accounts) Control Account A (includes all its Work Packages) Work Package N (includes all its activities)

Cost Baseline = Project Cost + Contingency Reserve

Cost

Total Cost of Project = Total Cost of all Control Accounts = Total Cost of all Work Packages = Total Cost of all Activities
164

Higher Amounts

PMP Exam Prep Camp

Initiating

Planning

Executing

M&C

Closing
3.2.4.6 7.3

Cost Control

Component of Integrated Change Control Looks for causes of positive and negative variances

Cost
165

Initiating

Planning

Executing

M&C

Closing
3.2.4.6 7.3

Cost Control (Cont)


T&T .1 Cost Change Control System .2 Performance Measurement Analysis .3 Forecasting .4 Project Performance Reviews .5 PM Software .6 Variance Management

Cost
166

Outputs .1 Cost Estimates (Updates) .2 Cost Baseline (Updates) .3 Performance Measurements .4 Forecasted Completion .5 Requested Changes .6 Recommended Corrective Action .7 Organizational Process Assets (Updates) .8 PM Plan (Updates)

PMP Exam Prep Camp

Initiating

Planning

Executing

M&C

Closing
3.2.4.6 7.3

Cost Control (Cont)

Inputs .1 Cost Baseline .2 Project Funding Requirements .3 Performance Reports .4 Work Performance Information .5 Approved Change Requests .6 PM Plan

Cost

T&T .1 Cost Change Control System .2 Performance Measurement Analysis .3 Forecasting .4 Project Performance Reviews .5 PM Software .6 Variance Management

167

Initiating

Planning

Executing

M&C

Closing
3.2.4.6 7.3

Cost Control: T&T (Cont)

.2 Performance measurement Analysis (Cont)


The Earned Value Technique (EVT): Tutorial (Cont)
Time Est. 1 2 1 2 6 Cost Est. 1,000 500 800 3,000 5,300 Dependency --A B C --Actual Time 1 2.5 0.5 --4 Actual Cost 1,000 1,000 200 0 2,200

Activity A B C D Project

% Comp. 100% 100% 50% 0% ---

Cost
168

PMP Exam Prep Camp

Initiating

Planning

Executing

M&C

Closing
3.2.4.6 7.3

Cost Control: T&T (Cont)

.2 Performance measurement Analysis (Cont)


The Earned Value Technique (EVT): Tutorial (Cont)
Activity A Time Est. 1 2 1 2 6 Cost Est. 1,000 500 800 3,000 5,300 Dependency --A B C --% Comp. 100% 100% 50% 0% --Actual Time 1 2.5 0.5 --4 Actual Cost 1,000 1,000 200 0 2,200

Activity

Data Date

B C D Project

D C B A

Cost

Time 1
169

Initiating

Planning

Executing

M&C

Closing
3.2.4.6 7.3

Cost Control: T&T (Cont)

.2 Performance measurement Analysis (Cont)


The Earned Value Technique (EVT): Tutorial (Cont)
Activity A Time Est. 1 2 1 2 6 Cost Est. 1,000 500 800 3,000 5,300 Dependency --A B C --% Comp. 100% 100% 50% 0% --Actual Time 1 2.5 0.5 --4 Actual Cost 1,000 1,000 200 0 2,200

Activity

Data Date

B C D Project

D C B A 100% Time 1
170

50% 100%

Cost

PMP Exam Prep Camp

Initiating

Planning

Executing

M&C

Closing
3.2.4.6 7.3

Cost Control: T&T (Cont)

.2 Performance measurement Analysis (Cont)


The Earned Value Technique (EVT): Tutorial (Cont)
Calculated based on a pre-defined formula

Actual Cost Estimate Cost

EV = PV x % complete EV-AC EV-PV

EV/AC EV/PV

Activity
A B C D Project
171

PV
1,000 500 800 --2,300

AC
1,000 1,000 200 --2,200

EV
1,000 500 400 --1,900

CV
0 -500 200 ---300

SV
0 0 -400 ---400

CPI
1 0.5 2 --0.86

SPI
1 1 0.5 --0.83

Cost

Initiating

Planning

Executing

M&C

Closing
3.2.4.6 7.3

Cost Control: T&T (Cont)

Cumulative Values

CV SV

Actual Costs (AC)

Budget at Completion (BAC) Planned Value (PV)

Earned Value (EV) Data Date Time

Cost
172

PMP Exam Prep Camp

Contents at a Glance
Key Concepts The Standard for PM of a Project The PM Process Groups Integration Management Scope Management Time Management Cost Management Quality Management HR Management Communications Management Risk Management Procurement Management Code of Ethics The Exam Tips & Tricks and Simulation Exam
173

Project Quality Management

Includes all the activities of the performing organization that determine quality
Policies Objectives, and Responsibilities the project will satisfy the needs for which it was undertaken

Quality
174

PMP Exam Prep Camp

Initiating

Planning

Executing

M&C

Closing
3.2.2.12 8.1

Quality Planning

Involves
Identifying which quality standards are relevant to the project Determining how to satisfy them

Quality is
Planned, designed and built-in Not inspected in

Quality
175

Initiating

Planning

Executing

M&C

Closing
3.2.2.12 8.1

Quality Planning (Cont)


Inputs .1 Enterprise Environmental Factors .2 Organizational Process Assets .3 Project Scope Statement .4 PM Plan

Quality

Outputs .1 Quality Management Plan .2 Quality Metrics .3 Quality Checklists .4 Process Improvement Plan .5 Quality Baseline .6 PM Plan (Updates)
176

T&T .1 Cost-benefit Analysis .2 Benchmarking .3 Design of Experiments .4 Cost of Quality (COQ) .5 Additional Quality Planning Tools

PMP Exam Prep Camp

Initiating

Planning

Executing

M&C

Closing
3.2.2.12 8.1

Perform Quality Assurance

(Cont)

QA also provides an umbrella for Continuous Quality Improvement


Reduces waste and non-value-added activities Allows processes to operate at increased level of efficiency and effectiveness

Quality
177

Initiating

Planning

Executing

M&C

Closing
3.2.3.2 8.2

Perform Quality Assurance (Cont)


Inputs .1 Quality Management Plan .2 Quality Metrics .3 Process Improvement Plan .4 Work Performance Information .5 Approved Change Requests .6 QC Measurements .7 Implemented Change Requests .8 Implemented Corrective Actions .9 Implemented Defect Repair .10 Implemented Preventive Actions

T&T .1 Quality Planning T&T .2 Quality Audits .3 Process Analysis .4 QC T&T

Quality

Outputs .1 Requested Changes .2 Recommended Corrective Actions .3 Org. Process Assets (updates) .4 PM Plan (updates)
178

PMP Exam Prep Camp

Initiating

Planning

Executing

M&C

Closing
3.2.4.7 8.3

Perform Quality Control (Cont)


T&T .1 Cause and Effect Diagram .2 Control Charts .3 Flowcharting .4 Histogram .5 Pareto Chart .6 Run Chart .7 Scatter Diagram .8 Statistical Sampling .9 Inspection .10 Defect Repair Review

Quality
179

Outputs .1 QC Measurements .2 Validated Defect Repair .3 Quality Baseline (updates) .4 Recommended Corrective Actions .5 Recommended Preventive Actions .6 Requested Changes .7 Recommended Defect Repair .8 Org. Process Assets (updates) .9 Validated Deliverables .10 PM Plan (updates)

Initiating

Planning

Executing

M&C

Closing
3.2.4.7 8.3

Perform Quality Control (Cont)


Inputs .1 Quality Management Plan .2 Quality Metrics .3 Quality Checklists .4 Organizational Process Assets .5 Work Performance Information .6 Approved Change Requests .7 Deliverables

Quality

T&T .1 Cause and Effect Diagram .2 Control Charts .3 Flowcharting .4 Histogram .5 Pareto Chart .6 Run Chart .7 Scatter Diagram .8 Statistical Sampling .9 Inspection .10 Defect Repair Review

180

PMP Exam Prep Camp

Initiating

Planning

Executing

M&C

Closing
3.2.4.7 8.3

Perform Quality Control: T&T (Cont)

.1 Cause and Effect Diagram


Time Machine Method Material Major Defect

Energy

Measurement

Personnel

Environment

Quality

Potential Causes
Fig 8-6, PMBOK 192
181

Effect

Initiating

Planning

Executing

M&C

Closing
3.2.4.7 8.3

Perform Quality Control: T&T (Cont)

.2 Control Charts (Fig 8-7, PMBOK 193)


Used for both project and product life cycle processes Can be used to monitor any type of output variable To determine whether or not a process is stable or has predictable performance

Quality
182

PMP Exam Prep Camp

Initiating

Planning

Executing

M&C

Closing
3.2.4.7 8.3

Perform Quality Control: T&T (Cont)

.2 Control Charts (Fig 8-7, PMBOK 193)


May serve as a data gathering tool to show when a process is subject to special cause variation, which creates an out-of-control condition Also illustrate how a process behaves over time

Quality
183

Initiating

Planning

Executing

M&C

Closing
3.2.4.7 8.3

Perform Quality Control: T&T (Cont)


Upper Control Limit

Lower Control Limit

Quality

Example of a Control Chart of Project Schedule Performance (Fig 8-7, PMBOK 193)
184

PMP Exam Prep Camp

Initiating

Planning

Executing

M&C

Closing
3.2.4.7 8.3

Perform Quality Control: T&T (Cont)

.5 Pareto Chart (Cont)


Used to identify and evaluate nonconformities PM team should take action to fix the problems causing the greatest number of defects (80/20 rule)

Quality
185

Initiating

Planning

Executing

M&C

Closing
3.2.4.7 8.3

Perform Quality Control: T&T (Cont)


40 Number of Defective Cases Percentage Defective Cases
Cumulative Percentage

100 80 75

30

20

50

10

Frequency by Cause

25

Quality

Pareto Diagram (Chart) (Fig 8-9, PMBOK 195)


186

r rope Imp tion ble ressure ota Noise Wob P R

Axle ing lk Cau

e Cas les er b Oth Wob

Car Problems

PMP Exam Prep Camp

Initiating

Planning

Executing

M&C

Closing
3.2.4.7 8.3

Perform QC: Supplementary Info.


Probability
The likelihood that something will occur Usually expressed in a fraction or percentage (Range from 0 to 1)

Normal Distribution
The most common probability distribution chart A bill curve shape

Quality
187

Contents at a Glance
Key Concepts The Standard for PM of a Project The PM Process Groups Integration Management Scope Management Time Management Cost Management Quality Management HR Management Communications Management Risk Management Procurement Management Code of Ethics The Exam Tips & Tricks and Simulation Exam
188

PMP Exam Prep Camp

Initiating

Planning

Executing

M&C

Closing
3.2.2.13 9.1

HR Planning

Define how to manage staff for the project. Determines project


Roles

Human Resources

Responsibilities Reporting relationships

189

Initiating

Planning

Executing

M&C

Closing
3.2.2.13 9.1

HR Planning (Cont)
Inputs .1 Enterprise Environmental Factors .2 Organizational Process Assets .3 PM Plan Activity Resource Requirements

Human Resources

T&T .1 Organization Charts and Position Descriptions .2 Networking .3 Organizational Theory Outputs .1 Roles and Responsibilities .2 Project Organization Charts .3 Staffing Management Plan

190

PMP Exam Prep Camp

Initiating

Planning

Executing

M&C

Closing
3.2.3.3 9.2

Acquire Project Team

Get hold of the HR required to complete the project PM team may or may not have power over team members chosen for the project
Human Resources
191

Initiating

Planning

Executing

M&C

Closing
3.2.3.3 9.2

Acquire Project Team (Cont)


Inputs .1 Enterprise Environmental Factors .2 Organizational Process Assets .3 Roles and Responsibilities .4 Project Organization Charts .5 Staffing Management Plan

Human Resources

T&T .1 Preassignment .2 Negotiation .3 Acquisition .4 Virtual Teams

Outputs .1 Project Staff Assignments .2 Resource Availability .3 Staffing Management Plan (updates)

192

PMP Exam Prep Camp

Initiating

Planning

Executing

M&C

Closing
3.2.3.4 9.3

Develop Project Team

Improve project performance by enhancing team members


Competencies Relations Interactions

Human Resources

Objectives
Enhance skills of team members increase their capability to complete project activities Enhance feelings among team members increase productivity through superior team work

193

Initiating

Planning

Executing

M&C

Closing
3.2.3.4 9.3

Develop Project Team (Cont)


Inputs .1 Project Staff Assignments .2 Staffing Management Plan .3 Resource Availability
T&T .1 General Management Skills .2 Training .3 Team-building Activities .4 Ground Rules .5 Co-location .6 Recognition and Rewards

Human Resources

Outputs .1 Team Performance Assessment


194

PMP Exam Prep Camp

Initiating

Planning

Executing

M&C

Closing
3.2.3.4 9.3

Develop Project Team: Supplementary Info

Motivation Theories: Maslows Hierarchy of Needs

Human Resources
195

Initiating

Planning

Executing

M&C

Closing
3.2.3.4 9.3

Develop Project Team: Supplementary Info

Leadership styles
Directing: do this (good at the start of a project) Facilitating: coordinating the input of others Coaching: teaching others Supporting: provide assistance Above three are good during project execution Autocratic: take decisions without input Consultative (Democratic): welcomes others ideas Consensus: problem-solving in a group with decision-making based on group agreement

Human Resources

196

PMP Exam Prep Camp

Initiating

Planning

Executing

M&C

Closing
3.2.4.8 9.4

Manage Project Team

The PM
Observes behavior Manages conflict Resolves issues Appraises team member performance

Human Resources
197

Initiating

Planning

Executing

M&C

Closing
3.2.4.8 9.4

Manage Project Team (Cont)


Inputs .1 Organizational Process Assets .2 Project Staff Assignments .3 Roles and Responsibilities .4 Project Organizational Charts .5 Staffing Mgt Plan .6 Team Performance Assessment .7 Work Performance Info. .8 Performance Reports Outputs .1 Requested Changes .2 Recomm. Corrective Actions .3 Recomm. Preventive Actions .4 Org. Process Assets (updates) .5 PM Plan (updates)
198

Human Resources

T&T .1 Observation and Conversation .2 Project Perf. Appraisals .3 Conflict Management .4 Issues Log

PMP Exam Prep Camp

Contents at a Glance
Key Concepts The Standard for PM of a Project The PM Process Groups Integration Management Scope Management Time Management Cost Management Quality Management HR Management Communications Management Risk Management Procurement Management Code of Ethics The Exam Tips & Tricks and Simulation Exam
199

Initiating

Planning

Executing

M&C

Closing
3.2.2.14 10.1

Communications Planning

How the information and communications requirements of the stakeholders will be met A vital factor for project success Progressively elaborated process PM spends 90% of his time communicating. PM = Documentation + Justification + Communication + Integration + Change Management

Communications

200

PMP Exam Prep Camp

Initiating

Planning

Executing

M&C

Closing
3.2.2.14 10.1

Communications Planning (Cont)


Inputs .1 Enterprise Environmental Factors .2 Organizational Process Assets .3 Project Scope Statement .4 PM Plan Constraints Assumptions

Communications

T&T .1 Communications Requirements Analysis .2 Communications Technology

Outputs .1 Communications Management Plan

201

Initiating

Planning

Executing

M&C

Closing
3.2.2.14 10.1

Communications Planning: T&T (Cont)

.1 Communications Requirements Analysis


The total communications requirements of the project stakeholders
Who needs What information When they will need it How it will be given to them And by whom

Communications
202

PMP Exam Prep Camp

Initiating

Planning

Executing

M&C

Closing
3.2.2.14 10.1

Communications Planning: T&T (Cont)

.1 Communications Requirements Analysis (Cont)


Communication Channels = N(N-1)/2
N = No. of stakeholders

Communications

A 2 1

3 5

203

Initiating

Planning

Executing

M&C

Closing
3.2.3.5 10.2

Information Distribution (Cont)


Inputs .1 Communications Management Plan
T&T .1 Communications Skills .2 Information Gathering and Retrieval Systems .3 Information Distribution Methods .4 Lessons Learned Process

Communications

Outputs .1 Organizational Process Assets (update) .2 Requested Changes

204

PMP Exam Prep Camp

Initiating

Planning

Executing

M&C

Closing
3.2.3.5 10.2

Information Distribution: T&T (Cont)

.1 Communications Skills
Formal or informal Written or oral Internal or external Vertical or horizontal

Communications
205

Initiating

Planning

Executing

M&C

Closing
3.2.3.5 10.2

Information Distribution: T&T (Cont)

.4 Lessons Learned Process


Documents project
Successes Failures
Communications
206

Recommendations to enhance future projects performance.

PMP Exam Prep Camp

Initiating

Planning

Executing

M&C

Closing
3.2.4.9 10.3

Performance Reporting

Involves
The gathering of all baseline data Communicating performance information to stakeholders on the projects progress

Communications

Comprises how resources are being used to realize project objectives Reports may be according
To the communications management plan On an exception basis
207

Initiating

Planning

Executing

M&C

Closing
3.2.4.9 10.3

Performance Reporting (Cont)


Inputs .1 Work Performance Information .2 Performance Measurements .3 Forecasted Completion .4 QC Measurements .5 PM Plan Performance Measurement Baseline .6 Approved Change Requests .7 Deliverables

Communications

T&T .1 Information Presentation Tools .2 Performance Information Gathering and Compilation .3 Status Review Meetings .4 Time Reporting Systems .5 Cost Reporting Systems

208

PMP Exam Prep Camp

Initiating

Planning

Executing

M&C

Closing
3.2.4.9 10.3

Performance Reporting (Cont)

Communications

Outputs .1 Performance Reports .2 Forecasts .3 Requested Changes .4 Recommended Preventive Actions .5 Organizational Process Assets (updates)

T&T .1 Information Presentation Tools .2 Performance Information Gathering and Compilation .3 Status Review Meetings .4 Time Reporting Systems .5 Cost Reporting Systems

209

Initiating

Planning

Executing

M&C

Closing
3.2.4.10 10.4

Manage Stakeholders (Cont)


Inputs .1 Communications Management Plan .2 Organizational Process Assets

Communications

T&T .1 Communications Methods .2 Issues Logs Outputs .1 Resolved Issues .2 Approved Change Requests .3 Approved Corrective Actions .4 Organizational Process Assets (updates) .5 PM Plan (updates)
210

PMP Exam Prep Camp

Contents at a Glance
Key Concepts The Standard for PM of a Project The PM Process Groups Integration Management Scope Management Time Management Cost Management Quality Management HR Management Communications Management Risk Management Procurement Management Code of Ethics The Exam Tips & Tricks and Simulation Exam
211

Initiating

Planning

Executing

M&C

Closing
3.2.2.15 11.1

Risk Management Planning (Cont)

Inputs .1 Enterprise Environmental Factors .2 Organizational Process Assets .3 Project Scope Statement .4 PM Plan

T&T .1 Planning Meetings and Analysis

Outputs .1 Risk Management Plan

Risk
212

PMP Exam Prep Camp

Initiating

Planning

Executing

M&C

Closing
3.2.2.15 11.1

Risk Management Planning: Outputs (Cont)

Risk

RBS - Risk Categories


213

Initiating

Planning

Executing

M&C

Closing
3.2.2.16 11.2

Risk Identification (Cont)


Inputs .1 Enterprise Environmental Factors .2 Organizational Process Assets .3 Project Scope Statement .4 Risk Management Plan .5 PM Plan

T&T .1 Documentation Reviews .2 Information Gathering Techniques .3 Checklist Analysis .4 Assumptions Analysis .5 Diagramming Techniques

Outputs .1 Risk Register

Risk
214

PMP Exam Prep Camp

Initiating

Planning

Executing

M&C

Closing
3.2.2.17 11.3

Qualitative Risk Analysis

Prioritize the identified risks for further action


Quantitative risk analysis Risk response planning

Evaluation of risk priority using


Probability of occurrence Impact on project objectives if it takes place Time frame: when it is anticipated to happen Risk tolerance of project constraints

Risk
215

Initiating

Planning

Executing

M&C

Closing
3.2.2.17 11.3

Qualitative Risk Analysis (Cont)

Fast and cost-effective Should be revisited throughout the project life cycle Facilitates advancing performance of projects by focusing on high priority risks

Risk
216

PMP Exam Prep Camp

Initiating

Planning

Executing

M&C

Closing
3.2.2.17 11.3

Qualitative Risk Analysis (Cont)


Inputs .1 Organizational Process Assets .2 Project Scope Statement .3 Risk Management Plan .4 Risk Register T&T .1 Risk Probability and Impact Assessment .2 Probability and Impact Matrix .3 Risk Data Quality Assessment .4 Risk Categorization .5 Risk Urgency Assessment Outputs .1 Risk Register (Updates)

Risk
217

Initiating

Planning

Executing

M&C

Closing
3.2.2.17 11.3

Qualitative Risk Analysis: T&T (Cont)

.1 Risk Probability and Impact Assessment


Probability: the likelihood that a risk will occur Impact: likely effect on project objectives if the risk happens (positive or negative) Expert judgment is needed Move risks with low score to watchlist for future monitoring

Risk
218

PMP Exam Prep Camp

Initiating

Planning

Executing

M&C

Closing
3.2.2.17 11.3

Qualitative Risk Analysis: T&T (Cont)

.2 Probability and Impact Matrix


Probability and Impact Matrix
Probability

Threats
0.08 0.04 0.02 0.01 0.10 0.16 0.08 0.04 0.02 0.20 0.32 0.16 0.08 0.04 0.40 0.64 0.32 0.16 0.08 0.80 0.64 0.32 0.16 0.08 0.80

Opportunities
0.32 0.16 0.08 0.04 0.40 0.16 0.08 0.04 0.02 0.20 0.08 0.04 0.02 0.01 0.10

0.80 0.40 0.20 0.10


Impact

Risk

219

Initiating

Planning

Executing

M&C

Closing
3.2.2.18 11.4

Quantitative Risk Analysis

Performed on high score risks


Short listed by Qualitative Risk Analysis

Examines the outcome of those risks Assigns a numerical rating to each

Risk
220

PMP Exam Prep Camp

Initiating

Planning

Executing

M&C

Closing
3.2.2.18 11.4

Quantitative Risk Analysis (Cont)


Inputs .1 Organizational Process Assets .2 Project Scope Statement .3 Risk Management Plan .4 Risk Register .5 PM Plan Schedule Mgt Plan Cost Management Plan

T&T .1 Data Gathering and Representation Technique .2 Quantitative Risk Analysis and Modeling Techniques

Outputs .1 Risk Register (Updates)

Risk
221

Initiating

Planning

Executing

M&C

Closing
3.2.2.18 11.4

Quantitative Risk Analysis: T&T (Cont)


Decision Definition Decision to be made Decision Node Input: Cost of Each Option Output: Decision Made (TRUE, FALSE) Chance Node Input: Scenario Probability Output: Expected Monetary Value (EMV)

Net Path Value Computed: (Payoffs minus Costs along Path)

Strong Demand Build New Plant -$120M

65% $200M $80M

Weak Demand Strong Demand

35% $90M 65% $120M

-$30M

Build or Upgrade? Upgrade Existing Plant

$70M

Risk

-$50M Weak Demand 35% $60M $10M

222

PMP Exam Prep Camp

Initiating

Planning

Executing

M&C

Closing
3.2.2.18 11.4

Quantitative Risk Analysis: T&T (Cont)


Decision Definition Decision to be made Decision Node Input: Cost of Each Option Output: Decision Made (TRUE, FALSE) Chance Node Input: Scenario Probability Output: Expected Monetary Value (EMV)

Net Path Value Computed: (Payoffs minus Costs along Path)

Strong Demand Build New Plant

$52M

65% $200M

$80M

-$120M

EMV of the Chance Node $41.5M Weak -$10.5M Demand Strong Demand $45.5M

35% $90M 65% $120M

-$30M

Build or Upgrade? Upgrade Existing Plant

$70M

Risk

-$50M

EMV of the Chance Node $49M Weak Demand $3.5M 35% $60M $10M

223

Initiating

Planning

Executing

M&C

Closing
3.2.2.18 11.4

Quantitative Risk Analysis: T&T (Cont)


Decision Definition Decision to be made Decision Node Input: Cost of Each Option Output: Decision Made (TRUE, FALSE) Chance Node Input: Scenario Probability Output: Expected Monetary Value (EMV)

Net Path Value Computed: (Payoffs minus Costs along Path)

Strong Demand Build New Plant False -$120M

$52M 65% $200M

$80M

Build or Upgrade?

EMV of the Chance Node $41.5M Weak -$10.5M 35% Demand $90M Strong Demand $45.5M65%

-$30M

EMV of the Decision $49M Upgrade Existing Plant True -$50M

$120M

$70M

Risk

EMV of the Chance Node $49M Weak Demand $3.5M 35% $60M $10M

224

PMP Exam Prep Camp

Initiating

Planning

Executing

M&C

Closing
3.2.2.18 11.4

Quantitative Risk Analysis: Outputs (Cont)


100%

Mean = $46.67M
75%

Probability

50%

25%

12%
0% $41M $38.75M $50M $47.50M

Risk

$30.00M

$56.25M

$65.00M

Fig 11-13, PMBOK 259


225

Cost

Initiating

Planning

Executing

M&C

Closing
3.2.2.19 11.5

Risk Response Planning (Cont)

Planned and Intended responses must be


Appropriate with risk significance Cost effective in meeting the challenge Timely and realistic within the project framework Agreed upon by all concerned parties Owned by a responsible person

Risk
226

PMP Exam Prep Camp

Initiating

Planning

Executing

M&C

Closing
3.2.2.19 11.5

Risk Response Planning (Cont)


Inputs .1 Risk Management Plan .2 Risk Register

Outputs .1 Risk Register (Updates) .2 PM Plan (Updates) .3 Risk-related Contractual Agreements

T&T .1 Strategies for Negative Risks (Threats) .2 Strategies for Positive Risks (Opportunities) .3 Strategies for Both Threats and Opportunities .4 Contingent Response Strategy

Risk
227

Initiating

Planning

Executing

M&C

Closing
3.2.2.19 11.5

Risk Response Planning: T&T (Cont)

.1 Strategies for Negative Risks (Threats)


Avoid: Modify the PM plan to eradicate the threat Transfer: Reallocate negative impact and ownership of the response to a third party (Ex. Insurance) Mitigate: Trim down probability and/or impact of a risk to a satisfactory threshold

Risk
228

PMP Exam Prep Camp

Initiating

Planning

Executing

M&C

Closing
3.2.2.19 11.5

Risk Response Planning: T&T (Cont)

.2 Strategies for Positive Risks (Opportunities)


Exploit: Get rid of uncertainties to make certain the opportunity is realize Share: Allocate ownership to a third party who is most capable to capture the opportunity (Ex. Joint venture) Enhance: increase probability and/or positive impact of the positive risk

Risk
229

Initiating

Planning

Executing

M&C

Closing
3.2.2.19 11.5

Risk Response Planning: T&T (Cont)

.3 Strategies for both threats and opportunities


Acceptance: because it is not possible to get rid of all risks from a project
Passive (no action) Active (ex. contingency reserve)

Risk
230

PMP Exam Prep Camp

Initiating Risk Monitoring & Control

Planning

Executing

M&C

Closing
3.2.4.11 11.6

(Cont)

Inputs .1 Risk Management Plan .2 Risk Register .3 Approved Change Requests .4 Work Performance Information .5 Performance Reports

Risk

Outputs .1 Risk Register (Updates) .2 Requested Changes .3 Recommended Corrective Actions .4 Recomm. Preventive Actions .5 Organizational Process Assets (updates) .6 PM Plan (Updates)

T&T .1 Risk Reassessment .2 Risk Audits .3 Variance and Trend Analysis .4 Technical Perf. Measurement .5 Reserve Analysis .6 Status Meetings

231

Contents at a Glance
Key Concepts The Standard for PM of a Project The PM Process Groups Integration Management Scope Management Time Management Cost Management Quality Management HR Management Communications Management Risk Management Procurement Management Code of Ethics The Exam Tips & Tricks and Simulation Exam
232

PMP Exam Prep Camp

Initiating

Planning

Executing

M&C

Closing
3.2.2.20 12.1

Plan Purchases and Acquisitions

Identifies
Which project requirements can best be met by buying or obtaining them from outside the project organization Which needs can be accomplished by the project team

Procurement
233

Initiating

Planning

Executing
(Cont)

M&C

Closing
3.2.2.20 12.1

Plan Purchases and Acquisitions

Involves consideration of
Whether How What How much When to acquire

Procurement

All Procurement KA processes are implemented for each item

234

PMP Exam Prep Camp

Initiating

Planning

Executing
(Cont)

M&C

Closing
3.2.2.20 12.1

Plan Purchases and Acquisitions


Inputs .1 Enterprise Environmental Factors .2 Organizational Process Assets .3 Project Scope Statement .4 WBS .5 WBS Dictionary .6 PM Plan

T&T .1 Make-or-Buy Analysis .2 Expert Judgment .3 Contract Types

Procurement

Outputs .1 Procurement Management Plan .2 Contract Statement of Work .3 Make-or-Buy Decisions .4 Requested Changes
235

Initiating

Planning

Executing

M&C

Closing
3.2.2.21 12.2

Plan Contracting

Prepare the required documents ready to support the next two procurement processes

Procurement
236

PMP Exam Prep Camp

Initiating

Planning

Executing

M&C

Closing
3.2.2.21 12.2

Plan Contracting (Cont)

Inputs .1 Procurement Management Plan .2 Contract Statement of Work .3 Make-or-Buy Decisions .4 PM Plan

T&T .1 Standard Forms .2 Expert Judgment

Procurement
237

Outputs .1 Procurement Documents .2 Evaluation Criteria .3 Contract Statement of Work (updates)

Initiating

Planning

Executing

M&C

Closing
3.2.3.6 12.3

Request Seller Responses (Cont)


Inputs .1 Organizational Process Assets .2 Procurement Management Plan .3 Procurement Documents T&T .1 Bidder Conferences .2 Advertising .3 Develop Qualified Sellers List

Procurement
238

Outputs .1 Qualified Sellers List .2 Procurement Document Package .3 Proposals

PMP Exam Prep Camp

Initiating

Planning

Executing

M&C

Closing
3.2.3.7 12.4

Select Sellers

Select the sellers based on evaluation criteria A weighting system. Evaluation factors
Price or cost (off-the-shelf products) Technical (approach) Commercial (price) Some sections of the proposal are evaluated individually

Procurement
239

Initiating

Planning

Executing

M&C

Closing
3.2.3.7 12.4

Select Sellers (Cont)

The procurement process can be repeated more than one time


i.e. high level then detailed evaluation for a short list

To mitigate risks, several sources could be obligatory for critical products, services, or results
Procurement
240

PMP Exam Prep Camp

Initiating

Planning

Executing

M&C

Closing
3.2.3.7 12.4

Select Sellers (Cont)


T&T .1 Weighting System .2 Independent Estimates .3 Screening System .4 Contract Negotiation .5 Seller Rating System .6 Expert Judgment .7 Proposal Evaluation Techniques

Procurement
241

Outputs .1 Selected Sellers .2 Contract .3 Contract Management Plan .4 Resource Availability .5 Procurement Management Plan (updates) .6 Requested Changes

Initiating

Planning

Executing

M&C

Closing
3.2.3.7 12.4

Select Sellers (Cont)


Inputs .1 Organizational Process Assets .2 Procurement Mgt Plan .3 Evaluation Criteria .4 Procurement Doc. Package .5 Proposals .6 Qualified Sellers List .7 PM Plan Risk Register Risk-related contractual agreements

Procurement

T&T .1 Weighting System .2 Independent Estimates .3 Screening System .4 Contract Negotiation .5 Seller Rating System .6 Expert Judgment .7 Proposal Evaluation Techniques

242

PMP Exam Prep Camp

Initiating

Planning

Executing

M&C

Closing
3.2.3.7 12.4

Select Sellers: T&T (Cont)

.1 Weighting System: (Cont)


Weight Category Item Seller I Grade Points Consultant Seller II Grade Points Seller III Grade Points

2 Methodology Technical Offer 4 Guarantee 3 Bilingual 3 Financial Offer 2 Technical PM Capabilities 2 Personality 1 Bilingual 4 3 Commitment Total Percentage
243

2 1 1 3 1 3 5 4 3

Being on time Follow up

11 4 4 3 9 13 2 6 5 25 16 9 58 48%

4 5 5 5 4 5 4 5 4

43 8 20 15 15 22 8 10 4 32 20 12 112 93%

4 3 4 4 3 4 3 3 3

32 8 12 12 12 17 6 8 3 21 12 9 82 68%

Procurement

Initiating

Planning

Executing

M&C

Closing
3.2.4.12 12.5

Contract Administration (Cont)

Contract administration includes


Proper PM processes are applied Outputs from these processes are integrated into the management of the project taken as a whole Such integration will take place at multiple levels when there are multiple sellers and multiple products, services, or results involved

Procurement

Self reading: PMBOK Guide 290 & 291

244

PMP Exam Prep Camp

Initiating

Planning

Executing

M&C

Closing
3.2.4.12 12.5

Contract Administration (Cont)


Inputs .1 Contract .2 Contract Management Plan .3 Selected Sellers .4 Performance Reports .5 Approved Change Requests .6 Work Performance Information

Procurement

T&T .1 Contract Change Control System .2 Buyer-conducted Performance Review .3 Inspections and Audits .4 Performance Reporting .5 Payment System .6 Claims Administration .7 Records Management System .8 Information Technology

245

Initiating

Planning

Executing

M&C

Closing
3.2.4.12 12.5

Contract Administration (Cont)


T&T .1 Contract Change Control System .2 Buyer-conducted Performance Review .3 Inspections and Audits .4 Performance Reporting .5 Payment System .6 Claims Administration .7 Records Management System .8 Information Technology

Procurement
246

Outputs .1 Contract Documentation .2 Requested Changes .3 Recommended Corrective Actions .4 Organizational Process Assets (updates) .5 PM Plan (updates) Procurement Management Plan Contract Management Plan

PMP Exam Prep Camp

Initiating

Planning

Executing

M&C

Closing
3.2.5.2 12.6

Contract Closure

Supports and complements the Close Project process Engages


Confirmation that all work and deliverables were satisfactory and hence acceptable Administrative activities, such as bringing records up to date to present final results and archiving such information for future use

Procurement

Deals with each contract applicable to the project or a project phase


247

Initiating

Planning

Executing

M&C

Closing
3.2.5.2 12.6

Contract Closure (Cont)

Unsettled claims may be subject to legal action but after contract closure Early termination is an extraordinary case of contact closure and can be caused by
One of the parties or Mutual agreement of both

Procurement

The rights, authorities, and responsibilities of the parties in case of an early termination are enclosed in a termination clause of the contract
248

PMP Exam Prep Camp

Initiating

Planning

Executing

M&C

Closing
3.2.5.2 12.6

Contract Closure (Cont)


Inputs .1 Procurement Management Plan .2 Contract Management Plan .3 Contract Documentation .4 Contract Closure Procedure T&T .1 Procurement Audits .2 Records Management System

Procurement

Outputs .1 Closed Contracts .2 Organizational Process Assets (update)

249

Contents at a Glance
The Credential Key Concepts The Standard for PM of a Project The PM Knowledge Areas Initiating Planning Executing Monitoring & Controlling Closing Code of Ethics The Exam Tips & Tricks and Simulation Exam
250

PMP Exam Prep Camp

Code of ethics

Vision and applicability Responsibility Respect Fairness Honesty

251

Vision and applicability

Commitment to do what is right and honorable Describes the expectations of ourselves and our fellow practitioners Purpose: to instill confidence in the PM profession

252

PMP Exam Prep Camp

Vision and applicability (Cont)

Applying this code can advance the profession It will help make wise decisions in difficult situations The hope: it will serve as a catalyst for others to study, deliberate and write about ethics

253

Vision and applicability (Cont)

Applicable to
All PMI members Non-members but:
Hold PMI certification Apply for a PMI certification Volunteer with PMI

254

PMP Exam Prep Camp

Vision and applicability (Cont)

Structure
Four main values Comments are not mandatory Glossary

255

Vision and applicability (Cont)

Main values
Responsibility Respect Fairness Honesty

256

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