pmi pmp certification pmbok made easy-basics
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Preparing for the PMP certification of PMI and yet find the PMBOK a little bit too formal! here is a book that talks about the concepts involved in a conversational manner and makes for easy reading of the reference work. If you need to download this presentation, send me an email aad [email protected]TRANSCRIPT
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PMI PMP Certification
PMBOK reading made Easy
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This Presentation ByDebasis Das
Notes on Project Management Knowledge
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Project ManagementPreliminaries
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Project Management KnowledgeEssential Issues to Understand
• Difference between project management, program management and portfolio management
• Role of a project manager• Enterprise environmental factors• Organizational knowledge assets• Stakeholder influences
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Stakeholders
• Stakeholders are persons or organizations• Internal as well as external• People whose interests may be affected by the
outcome of the project• Who exerts influences on the project
outcomes directly and indirectly• Customers, sponsor, the performing
organization, the public at large
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Stakeholder Influences• Customers/users, sponsors, portfolio managers/ portfolio review boards,
program managers, project management office are some categories of stakeholders
• The project manager and the project team • Functional managers, operation management, sellers and partners Persons
and organization that are going to use the project's outcome• A sponsor initially helps the project take shape and promote it• nurture the project along by providing the funding and act as an escalation
point in times of problems• Project manager, Program manager , Portfolio management and review board
members are stakeholders• The PMO office when assigned to the project can provide several services
including administrative support by way of policies, methodologies and templates; resource alignment for project staff and a central communication infrastructure. Provide training, mentoring and coaching of project managers.
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Projects, Programs, Portfolios
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Projects, Programs, Portfolios
• A portfolio is a collection of programs, projects and even other portfolios
• A program is a set of related projects, could be just one project
• A project is set of activities undertaken for a limited period of time (not on-going activities like the manufacture of a product on a regular basis) to achieve a unique result, a specific service or a particular product.
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Project Life Cycle
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Project Life Cycle
• A project will have distinct parts in its life – Start– Organizing & preparing– Carrying out – Closing
• A project may have more than one phase, each of which have these same distinct parts in them
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Phase gate/ Exit/Milestone/Kill point
• Called a phase gate, it is at this time decisions to continue to next phase, any moderations/ changes are decided
• A point in time when one phase has ended and it is time to start the next phase. This is also the logical point to take decision if the project should be continued (hence kill point)
• It is just a planned milestone when some intermediate deliverables has been achieved.
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Project Phases Relationships
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Project Phases Relationships
• Sequential: where phases follow one after another in strict time sequence
• Overlapped: where some of the stages of the project phase may overlap
• Iterative: where carrying out of one part affects another part of the pervious phase. They evolve iteratively
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Processes
• Well defined activities to complete tasks• More well defined the process is the more
repeatable, hence higher quality results/ products/services
• Quality tenet says “if you can take care of the process, product/ outcome will take care of itself”
• If processes are well defined, one cannot make mistakes and hence affect the quality of the outcome/product/result, etc.
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Process Groups
• Multiple processes that are necessary to get a part of the project life done well.
• These are known by the part of the project life cycle they are applicable to.
• Processes applicable to initiation part of the project, for example is known as the Initiation process group
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Process Groups
• Initiating Process Group• Planning Process Group• Executing Process Group• Monitoring & Controlling Process
Group• Closing Process Group
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Process Groups and Project Life Phases
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Typical Processes in Initiating Process Group
• Develop project charter• Identify stakeholders• Define initial scope• Commitment of initial resources
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Typical Processes in Planning Process Group
• Develop project management plan• Collect requirements• Define scope, create WBS, • Define activities, sequence activities• Estimate activity resources, estimate resources durations, develop
schedule,• Estimate costs, determine budget• Plan quality• Develop human resources plan, Plan communications• Plan risk management, identify risks, perform qualitative risk
analysis, perform quantitative risk analysis, plan risk responses• Plan procurements processes.
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Typical Processes in Executing Process Group
• Direct and manage project execution• Acquire project team• Develop project team, manage project team• Distribute information• Perform quality assurance• Manage stakeholders’ expectations• Conduct procurement
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Typical Processes in Monitoring & Control Process Group
• Monitor and control project work• Perform integrated change control• Verify scope, control scope• Control costs, control schedule• Perform quality control, report performance• Monitor and control risks• Administer procurements
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Typical Processes in Closing Process Group
• Formal acceptance• Reviews, recording the results of any
tailoring done to processes• Lessons learned and appropriate updates
to the process assets• Archival of project related data
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WANT TO READ MORE!!
Notes on Project management Knowledge