- Collocation is a team development tool where the entire team is brought together in a single location
- The quality policy is a document where the performing organization lists their attitude towards quality. Quality policy may differ from organization to organization. For example, a pharmaceutical company will have stricter quality policy than a toy manufacturing company.
- Schedule Performance Index: http://www.ajdesigner.com/phpearnedvalue/schedule_performance_index.php
- Cost Budgeting: http://www.anticlue.net/archives/000778.htm
- Risk Monitoring and Control: http://www.truesolutions.com/free-pmi-pmp-exam-prep-lecture-series/risk-monitoring-and-control.html
- The primary purpose of Project Network Diagram: Show the sequence of activities and their dependencies
- Project Network Diagram: http://en.wikipedia.org/wiki/Project_network
- Project Monitoring and Control Involves: Evaluating Overall Project Performance on a Regular Basis.
- In the Project Management Process, on a regular basis (or time to time), you have to check what you have done, and what is next. For example, when you have finished the plan Purchases and Acquisation Processes, and the Plan Contreacting Process, the next process can be request seller responses
- Creating Project Budget involves: Cost Estimates, Schedules, and Resource Calendar
- Mandatory Dependency: Useful in creating Project Network Diagram: Software must be written before it can be tested (though test cases can be written/thought before software)
- Milestone Chart shows only the major events in project timeline. Gantt chart shows detail progress in project timeline
- After the creation of the Project Scope Statement, and Work Breakdown Structure, the activity list needs to be created
- A sequence of activities in Project Managenment: Create the activity list, create a network diagram, determine the critical path, develop the project schedule
- Run charts show trends and variances over time and are used in quality management
- Quality control and scope verification are very tightly linked and are usually done at the same time. Quality control: verify correctness, Scope Verification: Verify completeness
- After your company has bought a new company, you find that the new company produces a similar product (where your company is in the middle of the project to create the similar product). If you decide to terminate the project, you should carry out the project close process.
- Benefit Cost Ratio = 1.5. The project will make revenue 1.5 times than it’s cost.
- The activity list is the main input to the Activity Resource Estimating
- Life cycle costing: The total cost of ownership= production cost + operational cost + scrap value +….
- Control Account Plan: http://www.project-management-knowledge.com/definitions/c/control-account-plan/
- Expectancy Theory: Reward motivation will work only if the team believes that the goal is achieveable
From: http://sitestree.com/?p=5270
Categories:PMP – Project Management
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Post Data:2007-08-04 17:24:31
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