Deck 2 Flashcards by Hank Possum

Reasons for Project Initiation

Meet legal or social requirements, Satisfy stakeholder needs, Implement or change or business or tech strategies, Create or improve products or processes.

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Process Groups

Initiating, Planning, Executing, Monitoring and Controlling, Closing.

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Project Integration Management Processes

Develop project charter
Develop project management plan
Direct & manage project work
Manage project knowledge
Monitor and control project work
Perform integrated change control
Close project or phase.

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Project Integration Management Key Concepts

Integration management, Project charter, Project management plan.

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Project Scope Management Processes

Plan scope management, Collect requirements, Define scope, Create WBS, Validate scope, Control scope.

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Collect Requirements Key Tools

Brainstorming, Interviews, Focus groups, Surveys, Benchmarking, Document analysis, Voting, Multi-criteria decision analysis, Affinity diagrams, Mind mapping, Nominal group technique, Observations and conversations, Facilitation, Context diagrams, prototypes.

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Collect Requirements Key Outputs

Requirements Traceability Matrix

Requirements Documentation

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Scope Baseline Components

Project Scope Statement
WBS
Work Packages
Planning Package
WBS Dictionary

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Project Schedule Management Processes

Plan Schedule Management
Define Activities
Sequence Activities
Estimating Activity Durations
Develop Schedule
Control Schedule

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Define Activities Key Outputs

Activity List
Activity Attributes
Milestone List

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Sequence Activities Key Tools

Dependency Determination & Integration
Precedence Diagramming Method (Finish-Finish, Finish-Start, etc)
Leads & Lags

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Develop Schedule Key Tools

Schedule Network Analysis
Critical Path Method
Resource Optimisation
Schedule Compression
Agile Release Planning

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Develop Schedule Key Outputs

Schedule Baseline
Project Schedule
Schedule Data
Project Calendars

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Estimate Activity Durations Key Techniques

Bottom-Up Estimating
Analogous Estimating
Parametric Estimating
Three-Point Estimating

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Estimate Activity Duration Key Outputs

Duration Estimates

Basis of Estimates

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Project Cost Management Processes

Plan Cost Management
Estimate Costs
Determine Budget
Control Costs

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Estimate Costs Key Outputs

Cost Estimates

Basis of Estimates

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Determine Budget Key Outputs

Cost Baseline

Project Funding Requirements

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Determine Budget Key Tools

Cost Aggregation
Data Analysis
Historical Information Review
Funding Limit Reconciliation
Financing

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Control Costs Key Techniques

Earned Value Analysis
Variance Analysis
Trend Analysis
To-Complete Performance Index

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Schedule Variance Formula

SV = EV - PV

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Cost Variance Formula

CV = EV - AC

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Schedule Performance Index Formula

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SPI = EV / PV

Cost Performance Index Formula

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CPI = EV / AC

Project Quality Management Processes

Plan Quality Management Manage Quality Control Quality

Cost of Quality Types

Cost of Quality Cost of Conformance Cost of Non-Conformance

Plan Quality Management Key Outputs

Quality Management Plan | Quality Metrics

Quality Management Tools

``` Data Representation Data Gathering Data Analysis Audits Design for X Inspection Testing & Product Evaluations ```

Project Resource Management Processes

``` Plan Resource Management Estimate Activity Resources Acquire Resources Develop Team Manage Team Control Resources ```

Plan Resource Management Key Tools

Organisational Theory | Data Representation

Plan Resource Management Key Outputs

Resource Management Plan | Team Charter

Estimate Activity Resources Key Outputs

Resource Requirements Resource Breakdown Structure Basis of Estimates

Acquire Resources Key Tools

Pre-Assignment Virtual Teams Multi-Criteria Decision Analysis Negotiation

Develop Team Key Tools

``` Co-Location Virtual Teams Communication Technology Interpersonal Skills Recognition & Rewards Training Individual & Team Assessments ```

Conflict Resolution Techniques

``` Withdraw/Avoid Smooth/Accommodate Compromise/Reconcile Force/Direct Collaborate/Solve ```

Project Communications Management Processes

Plan Communications Management Manage Communications Monitor Communications

Communication Methods

Push Communication Pull Communication Interactive Communication

Communication Model Steps

``` Encode Transmit Noise Decode Acknowledge Feedback/Response ```

Communications Channels Formula

``` # of stakeholders = n # of communication channels = n(n-1)/2 ```

Project Risk Management Processes

``` Plan Risk Management Identify Risks Perform Qualitative Risk Analysis Perform Quantitative Risk Analysis Plan Risk Response Implement Risk Responses Monitor Risks ```

Project Risk Management Key Concepts

Risk Probability Impact Risk Register

Identify Risks Data Gathering Techniques

Brainstorming Checklists Interviewing

Identify Risks Data Analysis Techniques

SWOT analysis Root Cause Analysis Document Analysis Assumption Analysis

Perform Quantitative Risk Analysis Tools

Simulations Sensitivity Analysis Decision Tree Analysis Influence Diagrams

Negative Risk Responses (Threats)

``` Avoid Transfer Mitigate Accept Escalate ```

Positive Risk Responses (Opportunities)

``` Exploit Enhance Share Accept Escalate ```

Project Procurement Management Processes

Plan Procurement Management Conduct Procurements Control Procurements

Plan Procurements Management Key Outputs

``` Procurement Management Procurement Strategy Procurement SOW Bid Documents Make or Buy Decisions Source Selection Criteria Independent Cost Estimates ```

Conduct Procurements Key Tools

Advertising Bidder Conferences Data Analysis Interpersonal Skills

Control Procurements Key Tools

Data Analysis Claims Administration Audits

Contract Types

Fixed Price Cost-Reimbursable Time & Materials

Project Stakeholder Management Processes

Identify Stakeholders Plan Stakeholder Engagement Manage Stakeholder Engagement Monitor Stakeholder Engagement

Initiating Process Group Tip

Only two processes | Develop Project Charter and Identify Stakeholders

Planning Process Group Tip

Usually includes "plan", "estimate", or "define" in the name.

Executing Process Group Tip

Usually includes "manage", "conduct", or "acquire" in the name.

Monitoring and Controlling Process Group Tip

Always includes "monitor", "control", or "validate" in the name.

Closing Process Group Tip

Only one process. | Close Project or Phase.

Deck 2 Flashcards

(57 cards)