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CAPM chartsTRANSCRIPT
Time Management June 20, 2011
Preparing for the CAPM® Exam
Project Management Institute California Central Valley Chapter
(PMI – CCVC)
Time Management June 20, 2011
Agenda
• Matching Game – (50 min) – <Matching Handout>
• Break – (10 min)
• Address Questions from Reading – (50 min) • Slides – what you need to know • CPM Example – <Group Exercise: Handout>
• Break – (10 min)
• Questions – Drill/Practice – (60 min) – <FASTrac>
• Summary: <how to prepare, handouts>
Time Management June 20, 2011
The Primary Topics for Project Time
Management:
• Determining what resources are available and when
• Determining how much time the project will take to complete
• Calculating the critical path and the float of a network diagram
• Know how to compress a project schedule • Know the different types of network Analysis
Time Management April 4, 2011
Project Time Management
6.1 Activity Definition
4
Project Time Management 6.0
Activity Sequencing
6.2
Activity Definition
6.1
Activity Resource Estimating
6.3
Schedule Development
6.5
Schedule Control
6.6
Activity Duration
Estimating 6.4
Time Management April 4, 2011 5
Key Concepts for
Activity Definition
Def: Activity Definition
Output: Activity List, Activity Attributes
Diff: Deliverables and Activities
Diff: WBS, Work Package, Activity
Def: Constraints
Def: Assumptions
Def: Enterprise Environmental Factors
Time Management April 4, 2011 6
Key Concepts for
Activity Definition
Def:Organizational Process Assets
Def: Decomposition
Def: Rolling Wave
Def: Templates
Time Management April 4, 2011 7
Project Time Management
6.2 Activity Sequencing
Project Time Management 6.0
Activity Sequencing
6.2
Activity Definition
6.1
Activity Resource Estimating
6.3
Schedule Development
6.5
Schedule Control
6.6
Activity
Duration
Estimating
6.4
Time Management April 4, 2011 8
Key Concepts for
Activity Sequencing
Def: Activity Sequencing
Output: Project Network Diagram
Diff: Mandatory, Discretionary, External
Dependencies
Def: Finish-start, Start-start, Finish-finish,
Start-finish
Def: Lead, Lag
Diff: PDM, ADM, Conditional diagramming
method (GERT)
Time Management April 4, 2011 9
Project Time Management
6.3 Activity Resource Estimating
Project Time Management 6.0
Activity Sequencing
6.2
Activity Definition
6.1
Activity Resource
Estimating 6.3
Schedule Development
6.5
Schedule Control
6.6
Activity
Duration
Estimating
6.4
Time Management April 4, 2011 10
Key Concepts for
Activity Resource Estimating
Def: Activity Resource Estimating
Output: Activity Resource Requirements
Def: Published Estimating Data
Def: Alternative Analysis
Def: Bottom-up estimates
Def: Resource Breakdown Structure
Def: Resource Calendar
Time Management April 4, 2011 11
Project Time Management
6.4 Activity Duration Estimating
Project Time Management 6.0
Activity Sequencing
6.2
Activity Definition
6.1
Activity Resource Estimating
6.3
Schedule Development
6.5
Schedule Control
6.6
Activity Duration
Estimating 6.4
Time Management April 4, 2011 12
Key Concepts for
Activity Duration Estimating
Def: Activity Duration Estimating
Def: Work Periods
Output: Activity Duration Estimate
Def: Expert Judgement
Def: Analogous Estimating
Def: Parametric Estimates
Def: Three Point Estimates
Diff: Management Reserve & Contingency Reserve
Time Management April 4, 2011 13
Project Time Management
6.5 Schedule Development
Project Time Management 6.0
Activity Sequencing
6.2
Activity Definition
6.1
Activity Resource Estimating
6.3
Schedule Development
6.5
Schedule Control
6.6
Activity
Duration
Estimating
6.4
Time Management April 4, 2011 14
Key Concepts for
Schedule Development
Def: Schedule Development
Input: Calendars
Output: Project Schedule
Def: Critical Path
Def: Float, Slack
Know the purpose of the CPM Forward Pass
and Backward Pass
Time Management April 4, 2011 15
Key Concepts for
Schedule Development
Def: PERT, 3 Point Average, GERT
Def: Critical Chain Method
Def: Normal Distribution
Def: Monte Carlo Simulation (what-if
analysis)
Def: Duration Compression
Def: Schedule Model Data
Def: Crashing
Def: Fast Tracking
Time Management April 4, 2011 16
Key Concepts for
Schedule Development
Def: Heuristics
Def: Resource Leveling (smoothing)
Diff: Project Network Diagrams, Bar Charts,
Logic Bar Chart and Milestone Charts
Time Management April 4, 2011 17
Project Time Management
6.6 Schedule Control
Project Time Management 6.0
Activity Sequencing
6.2
Activity Resource Estimating
6.3
Schedule Development
6.5
Schedule Control
6.6
Activity
Duration
Estimating
6.4
Activity Definition
6.1
Time Management April 4, 2011 18
Key Concepts for
Schedule Control
Def: Schedule Baseline
Input: Schedule Baseline
Output: Schedule Model Data, & Baseline
Updates
Def: Performance Measurement
Def: Variance Analysis
Def: Schedule Management Plan
Time Management June 20, 2011 19
Group Exercise
“Critical Path Scenario”
Time Management June 20, 2011 20
Group Critical Path Exercise
Activity Preceding Activity Estimated Duration
Start 0
2.3.3.1 Start 20
2.3.3.2 2.3.3.1 25
2.3.3.3 2.3.3.2 8
2.3.3.4 2.3.3.3 8
2.3.3.5 2.3.3.3 6
2.3.3.6 2.3.3.5 8
2.3.3.7 2.3.3.4, 2.3.3.6 4, 4 + 16 hour FS lag
End 2.3.3.7 0
Time Management June 20, 2011 21
Group Exercise
“FASTrac Selections”
Time Management June 20, 2011 22
Group FASTrac Exercise
ID Number
Group 1
401
410
382
400
439
463
1295
386
413
390
513
ID Number
Group 2
451
668
408
640
399
437
411
1308
507
472
477
Time Management June 20, 2011 23
Good luck studying!!!