Some topics on Project Human Resource Management that Project Managers Should Understand understand. Maslow’s Hierarchy of Needs:Basic theory of motivation. Five levels of motivation: Lower needs1. Physiological – food, clothing, shelter2. Security – freedom from fear, job protection, safety3. Acceptance – being a part of the team Higher Needs4. Esteem – feeling of importance5.Self actualization …
Category: Complete Courses
May 16
Project Time Management: Part-1 #PMP – Project Management
[note: My articles are just a note/reminder to me. I keep them here so that I can refresh my memory whenever required. The artcles may be weak as a writing component. Thanks.] Project Time ManagementProject time management process 1. Define Activities Required2. Sequence Activities3. Estimate Resources for the Activities4. Calculate Duration of the Activities5. Develop …
May 16
Project Quality Management #PMP – Project Management
Project Quality Management Quality management has three aspects: 1. Quality planning – plan 2. Quality Executing – quality assurance – execute 3. Quality controlling – monitor and control Quality planning – planIdentify quality specifications and requirements for the project. Plan hos the quality specifications will be met. Output: Quality management plan Quality metrics Quality checklists …
May 16
Project Cost Management – Part 1 #PMP – Project Management
Some Concepts in Project Cost Management Costing Involves:1. cost to purchase, develop i.e. to have the system2. Operation cost3. Cost to disposal Value Engineering:Get the most from a project–decrease cost–increase value–increase quality–shorten schedule–keep project scope not reduced COST ESTIMATINGWhen cost estimation is done?After project scope is defined, and work breakdown structure is created.But may be …
May 16
Project Cost Management – Part 2 #PMP – Project Management
Project Cost Management – Part 2 Terms:Earned Value: The value the spent money brought to the project. Just like double entry accounting system: for every debit to an account there is a corresponding credit. Budgeted at Completion (BAC): How much was originally planned for this project. Planned Value (PV): Calculates how much of the project …
May 16
Project Risk Management #PMP – Project Management
Project Risk Management What is risk?According to PMI, Risk refers to an uncertain event that has positive or negative effects on project objectives. Risk Management Plan includes:tools and approaches to be used for Risk ManagementIdentification and assignment of resources for risk managementRisk categoriesRisk Probabilities and impactsThe format of risk reporting and tracking Processes of Risk …
May 16
Professional Responsibilities for Project Managers: A Quick Review #PMP – Project Management
Professional Responsibilities for Project ManagersSimply: Handle any issue directly, ethically, and legally. Be open and upfront. Solve issues quickly, openly,fairly.Be direct to solve an issue rather than ignoring it. Professional Responsibility deals with:1. Responsibilities to the profession2. Responsibilities to the customers and the public Responsibilities to the profession: 1. Compliance with all organizational rules 2. …
May 16
Project Schedule Development: Part of Project Time Management #PMP – Project Management
Project Schedule Development In this phase, project duration, project finish date, schedules of the activities are determined. Input: Activity ListActivity AttributesProject Schedule Network Diagrams Activity Duration Activity Resource Requirements Resource Calendars Tools: Critical Path Model (CPM) CPM is extensively used to determine the project duration. CPM method also helps to identify how much individual activities …
May 15
Review: Overview of Project Management #PMP – Project Management
Overview of Project Management [Source Internet] What is a project? A project is an activity that using plans and processes creates a product, a service, or a result. A product is a physical product like a TV, a service is like the Internet, a website; result [analytical model, proof of something] is the knowledge based …
May 15
Some Topics on Project Communication Management #PMP – Project Management
Some Topics on Project Communication Management For bigger projects communication also needs to be preplanned and executed effectively. Though based on circumstances the plan may be reviewed and changed. Overview Project communication can be very tricky and political Deals with Compiling, Sending, Storing, distributing and managing project record Handles four areas:What to communicate, to whom, …
