PMP – Project Management #PMP – Project Management

PMP – Project Management

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From: http://sitestree.com/?p=11373
Categories:PMP – Project Management
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Post Data:2017-10-16 22:52:41

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Random Short Notes on Project Management #PMP – Project Management

  • 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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Random Short Notes on Project Management (PMI) #PMP – Project Management

  • Scope management plan: specifies how changes to the scope will be managed (in addition to specifying the scope).
  • Initiating a project: Involves two documents: Develop Project Charter, and Develop Preliminary Scope Statement
  • Project Managers should act openly, and honestly. Should confront situations directly whenever possible/applicable.
  • Project charter that officially creates a project should: include the business need behind the project – why the project was undertaken.
  • After you/your team gets approval for the scope statement, the next process to start is – WBS process (that outputs work breakdown structure)
  • Input to scope definition: Organizational process assets, Project Charter, Preliminary project scope statement
  • In Project Integration Phase, project managers should: solve problems and make decisions (not the team)
  • WBS dictionary contains Work Package Descriptions
  • Scope Verification is the process where the customer and sponsor verify that: the deliverables match with what was in the scope
  • Statement of Work (SOW): Describes the pieces of the project that are to be performed by an outside vendor.
  • As a code of conduct, PMPs are instructed to avoid conflicts of interest.
  • Purpose of WBS serves: increase the accuracy of estimates, help facilitate roles and responsibilities, define a baseline for project performance

Reference: Andy Crowe, the PMP Exam.

From: http://sitestree.com/?p=5269
Categories:PMP – Project Management
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Post Data:2012-08-10 05:41:22

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Random Information on Project Management (PMI) #PMP – Project Management

  • 1. Project Managers use Pareto charts to prioritize defects based on ranking of occurrences. Most common defects go to the top.
  • 2. Project Managers use Control Chart to determine whether or not a process is in control
  • 3. Project Managers use Variance Analysis to measure the difference between what was planned and what was done.
  • 4. Order of Magnitude Estimate: is used for Cost Management.
  • 5. For contract work with remote organizations, more formal, and written communications will be more useful
  • 6. Project charter is the document that officially creates a project.
  • 7. Delphi Technique: Is a way to solicit expert opinion by hiding the identities of group members from each other.
  • 8. The work authorization system ensures that work gets done at the right time and in the right sequence.
  • 9. The activity duration estimates are developed by the person or team doing the work
  • 10. In project management, all stakeholders must not have to approve the project plan
  • (as many stakeholders may be directly against the project)
  • 11. If you are assigned the role of project management, but you have limited experience, then historical information regarding project management in the organization will help a lot
  • 12. The majority of the project budget is spent on: Project plan execution
  • 13. Project integration is primarily the responsibility of: project managers(15)

From: http://sitestree.com/?p=5268
Categories:PMP – Project Management
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Post Data:2006-10-05 15:11:25

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How to monitor project using Microsoft Project #PMP – Project Management

Monitoring project progress and controlling project progress are very important in timely delivery of projects. These are also essential in keeping project costs within budget. The following articles will help you to understand project monitoring in Microsoft Project

From: http://sitestree.com/?p=5140
Categories:PMP – Project Management
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Post Data:2008-04-19 06:09:59

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Microsoft Project and Project Management #PMP – Project Management

  • First of all, you need to understand project management concepts. Check our articles on Project Management Concepts
  • Also, check our training videos on project management
  • You can create projects in Microsoft project. Then you can create tasks under each project
  • For tasks you can provide name, duration, start date, finish date, lags, and similar
  • You can assign predecessors of tasks
  • You can assign task relationships such as: SF (Start-Finish), FS(Finish-Start), SS, FF
  • You can view your tasks as Gantt Charts, Tracking Gantt Charts, Network Diagrams
  • You can also, find out the critical paths for your projects
  • You can also assign resources and costs to each task
  • Also, you can track financial progress of your project. Cost and Performance Tracking
  • You can also create reports on your project progress
  • Analyze financial progress
  • Can create tasks of zero duration=milestones. Milestones are merely points in time that mark the start or completion of some phase of a project
  • Create and view Work Breakdown Structure (WBS). Add-on product (WBS Chart Pro) to create a WBS chart from a Microsoft Project file. or use WBS code.
  • You can also take help of Microsoft Project Server to collaborate among multiple projects
  • You can use macros to speed up your work.
  • Also, you can use VBA and Active Scripting to customize Microsoft Project
  • Export your project plan into Microsoft power point or word for presentation purpose
  • Project Management Areas: Scheduling, Budgeting, Managing resources, Tracking and reporting progress
  • For project management in Microsoft project, you need to enter the following information for each task: Individual task names, Task durations, Task dependencies
  • To track cost: Assign human and material resources and their costs for both standard and overtime hours. Assign resources to specific tasks
  • For tracking progress: Enter progress on tasks, enter changes in task timing or dependencies, enter changes in resources, enter changes in resource time commitments and costs
  • Project starts with defining the project goals and confirming project scope.
  • Then comes planning where a project management software can help
  • Initial project plans may be required to be changed based on feedback from others. You can use Microsoft project’s reporting feature to generate several drafts of your plan easily
  • Can divide tasks into sub-tasks for better management/control
  • You can define your project calendars so that your project progress is tracked according to that calendar
  • You can assign constraints to tasks: such as: As Late As Possible, Finish No Earlier Than/Finish No Later Than,Must Finish On/Must Start On,tart No Earlier Than/Start No Later Than
  • You can also define a deadline for a task
  • New features in Project 2007:Create named calendar exceptions, Define recurring calendar exceptions, Task Driver, Multilevel Undo, Change Highlighting, Cost resources, Budgeting using cost resources, Gantt Chart view enhancements, Calendar view enhancements, Visual reporting, Active cache to improve the offline experience for Project 2007 users connected to Project Server, Import tasks from a Windows SharePoint Services Version 3 Project Tracking List, Improvements to resource substitution

From: http://sitestree.com/?p=5118
Categories:PMP – Project Management
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Post Data:2008-02-26 15:29:53

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Project Management in Microsoft Project #PMP – Project Management

From: http://sitestree.com/?p=5117
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Post Data:2008-02-26 01:39:48

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Video Tutorial: Introduction to Project Management using Dot Project #PMP – Project Management

From: http://sitestree.com/?p=5085
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Post Data:2006-09-30 00:54:02

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Microsoft Project Tutorials #PMP – Project Management

From: http://sitestree.com/?p=5034
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Post Data:2012-01-24 17:01:47

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Resources for PMP Certification exam #PMP – Project Management

If you want to be a Project Manager in a software company, the PMP certification will definitely be an asset along with your experience. Though, I believe, only the certification can not make you a capable project manager. It definitely helps, the theories will help you to see the different views/aspects of your solutions and decide intelligently. This is a yahoo group providing PMP certification resources. You will need to login though.

From: http://sitestree.com/?p=5013
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Post Data:2013-03-08 01:05:00

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