taking smaller bites with pmp-bite series - pmp chapter 1 (the 4ps)
DESCRIPTION
I was constantly overwhelmed by the 618 pager PMBOK guide. At the beginning of each chapter - as I saw the framework for that syllabus, my palms get sweaty. I dread the upcoming few hours of pouring over the dry notes. These are the very reasons why I've create a PMP-Bite series. A compilation of 'small-bites' focusing on the more frequently asked topics, and delivered to you in 'bite-size'. Here's Chapter 1 - the 4Ps!TRANSCRIPT
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[email protected] my.linkedin.com/in/maywongmeiching1
May Wong, PMP
taking a smaller
Image courtesy of Serge Bertasius Photography / FreeDigitalPhotos.net
BITEof
PMP CHAPTER 1
PART 1a PMP-BITE series
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HELLO.Armed with more than 10 years of experience in marketing. Specializing in Project Management of activation campaigns, conferences, events & exhibitions.
Bitten by the travel bug and an explorer at heart.
Loves dogs.
@mayscloset
MAY WONGPROJECT MANAGER @ SHELL INTERNATIONAL
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Part1 Part2 Part4Part3
Project Program Portfolio PMO
Time Cost Scope Resource Quality Risk
Functional Projectized Matrix
Product Lifecycle Project Lifecycle
4’P’s Constraints Organizational Structure Lifecycle
ONECHAPTER
taking smaller bites…
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Part1 Part2 Part4Part3
Project Program Portfolio PMO
Time Cost Scope Resource Quality Risk
Functional Projectized Matrix
Product Lifecycle Project Lifecycle
4’P’s Constraints Organizational Structure Lifecycle
ONECHAPTER
taking smaller bites…
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4 1
‘P’s
PART
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PROJECT PROGRAM
PORTFOLIO PMO
a. b.
c. d.
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PROJECT
a.PMBOK definition:
A temporary endeavor (with a beginning & end
date) undertaken to create a unique product, service or results.
NO. It will escribe a situati and you’ll be
asked to analyze it.
Then you will be given multiple choices and you must select which choice described it best as a project/NOT a project.
temporarycreate
describe a situation
analyze
Will the exam
ask : “What is the definition
of a Project?”
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One time activity Deliver product/service With a start & end date Heterogeneous team Unique
On-going Repetitive Support product/serviceHomogeneous team
PROJECT OPERATION
WHAT IS THEDIFFERENCE…
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PROGRAM
b.PMBOK definition:
A program is a group of projects & activities managed in a coordinated way to obtain benefits not available from managing them individually. Projects
within a program are related through a common outcome or collective capability
New Communication Satellite System
Integration System
Design of ground station
Launch of Satellite
Design of satellite
EXAMPLE
PROJECTS
PROGRAM
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PMBOK definition:Projects, programs, sub-portfolio & operations are
managed as a group to achieve strategic objectives.PORTFOLIO
c.
PORTFOLIO MANAGEMENT Centralized Management
Achieve Strategic Objectives
Alignment with Organization Strategies Prioritize resource allocation
Review Projects & Programs
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PMO
d.PMBOK definition:
An organizational structure that standardizes the project related governance processes & facilitates the sharing of resources, methodologies, tools & techniques
TYPES OF PMOSUPPORTIVE CONTROLLING DIRECTIVE
Consultative RoleSupplies templates, best practices, training, access to information & lessons learn. Project repositoryControl : LOW
Provides support & requires complianceAdopt Project management framework & methodologies. Using specific templates, forms, tools.Control : Moderate
Full ControlGains control by directly managing projectsControl : High
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PROJECT PROJECT PROJECT
PROGRAM PROGRAM PROGRAM
PORTFOLIO
THEIR RELATIONSHIP…
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A PROJECT MANAGER’S
Image courtesy of Karen Duarte
MEET PROJECT OBJECTIVES
LEADS A TEAM
INTEGRATES FUNCTIONS
PERFORMANCE: ABILITY TO APPLY THE KNOWLEDGE
KNOWLEDGE: PROJECT MANAGEMENT
PERSONAL: CORE PERSONALITIES & LEADERSHIP
QUALITIES
INTERPERSONAL SKILLS
COMPETENCIES ROLEWAIT!
THERE IS
MORE!
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EXPAND IT!
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HOW WELL DID YOU PAID ATTENTION? 1PART
4 ‘P’s
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EXERCISE 1
i did say I love dogs……
Build a dog house
Organize a dog hike
Feed dogWin a dog obedience
contest
Which of these examples is
NOT a PROJECT?
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i did say I love dogs……
ANSWER
Build a dog house
Organize a dog hike
Feed dogWin a dog obedience
contest
Which of these examples is
NOT a PROJECT?
This is an operation because it isRepetitiveA support functionNo beginning & end dateNot temporary
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EXERCISE 2 The following are characteristics of a project EXCEPT
a. It has a definite beginning & end
b. It is temporary
c. It repeats itself every month
d. It has interrelated activities
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ANSWERThe following are characteristics of a project EXCEPT
a. It has a definite beginning & end
b. It is temporary
c. It repeats itself every month
d. It has interrelated activities
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EXERCISE 3 Some team members are unsure which of the many projects they are working on is the MOST important. Who would be the one determining the priorities between projects in a company?
a. The Project Team should discuss & decideb. The PMO (Project Management Office)c. The Stakeholdersd. The Project Manager
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ANSWERSome team members are unsure which of the may projects they are working on is the MOST important. Who would be the one determining the priorities between projects in a company?
a. The Project Team should discuss & decideb. The PMO (Project Management Office)c. The Stakeholdersd. The Project Manager
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Part1 Part2 Part4Part3
Project Program Portfolio PMO
Time Cost Scope Resource Quality Risk
Functional Projectized Matrix
Product Lifecycle Project Lifecycle
4’P’s Constraints Organizational Structure Lifecycle
…coming soonImage courtesy of Master isolated images / FreeDigitalPhotos.net
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QUESTIONS?
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@mayscloset
YOUTHANK