The Monitor and Control Risk process is one of the 42 project management processes described in the fourth edition PMBOK®. It’s one of the six Risk knowledge area processes, and one of the ten Monitoring and Controlling processes. The primary purpose of this process is to implement risk plans, watch already identified risks and residual… [Read more…]
If projects went exactly as planned, this tool would be unnecessary. Variance Analysis is the comparison of planned results and actual results. The planned results may be found in the Project Management Plan and compared to work performance information. The project manager should be certain that the data itself is trustworthy, and then examine how… [Read more…]
The Report Performance process is one of the 42 project management processes described in the fourth edition PMBOK®. It’s one of the five Communications knowledge area processes, and one of the ten Monitoring and Controlling processes. The primary purpose of this process is to collect and distribute information about project performance. First of all, to… [Read more…]
The Business Case document presents the reasoning for performing a project or activity from a business standpoint. The content, formality, and length will vary across situations and organizations. For external projects, the customer may be the author of this document. The Business Case is an input into the fourth edition PMBOK®’s Develop Project Charter process,… [Read more…]
A Project Schedule Network Diagram is any display of the relationships among project activities which is then used to develop the project schedule. A subnetwork is simply a section of the overall Project Schedule Network Diagram. Project Schedule Network Diagrams are an output of the fourth edition PMBOK®’s Sequence Activities process and an input to… [Read more…]
The Communications Management Plan as outlined in the fourth edition PMBOK® describes how communications will be accomplished throughout a project. It is a subsidiary of the Project Management Plan and is developed through the Plan Communications process. It is specifically listed as an input to the Plan Risk Management process. The Communications Management Plan is… [Read more…]
An expert is someone who has specialized education, knowledge, skill, experience or training in a certain area. A project manager should obtain the opinions of experts throughout the course of managing a project. Expert Judgment is a common tool and technique of the processes found in the fourth edition PMBOK®. It is a general tool,… [Read more…]
For projects that have a product as a deliverable (as opposed to a service or result), product analysis may be performed. Product analysis is a tool and technique of the Define Scope process described in the fourth edition PMBOK®. It means gaining a deep understanding of the product. Because there are so many different types… [Read more…]
A Pairwise Chart is a tool used by a group of people to rank a set of alternatives. In project management, it is used to decide among a set of potential projects, among other decisions. The charts may vary somewhat in appearance, but the purpose is the same—to reach a decision by systematically comparing two… [Read more…]
A project is composed of many smaller activities. Although some activities are independent of each other, others have dependencies that must be accounted for when making the project schedule. Using the Precedence Diagramming Method (PDM), there are four types of dependencies that two activities can have with each other. These four types of dependencies are:… [Read more…]
A Stakeholder Management Strategy is a document used by project managers to outline a plan to increase support and minimize obstruction from the project stakeholders. This document is created through the Identify Stakeholders process, which is one of the 42 project management processes described in the fourth edition PMBOK®. The Stakeholder Management Strategy is… [Read more…]
The Perform Quality Control process is one of the 42 project management processes described in the fourth edition PMBOK®. It’s one of the three Quality knowledge area processes, and one of the ten Monitoring and Controlling processes. The primary purpose of this process is to monitor the results of the quality activities so that any… [Read more…]
Psychological and sociological theories explaining how individuals and groups behave, such as this theory, are listed as the tool of Organizational Theories in the fourth edition PMBOK®’s Develop Human Resource Plan process. David McClelland, an American psychologist, is the author of Achievement Theory. This theory postulates that humans are motivated by three general needs—achievement, affiliation,… [Read more…]
The documentation of the time individuals on the project team are able to work on the project is called Resource Calendars. They must take into consideration vacation time and holidays as well as time dedicated to other work in the organization. A composite Resource Calendar may also indicate the skills of the resources. Interestingly, the… [Read more…]
The Quality Management Plan outlines how selected quality policies will be implemented for a certain project. It’s part of the Project Management Plan. The Plan Quality process described in the fourth edition PMBOK® decides which quality requirements and standards should apply to the project and then develops the Quality Management Plan to assure compliance with… [Read more…]
The Control Costs process is one of the 42 project management processes described in the fourth edition PMBOK®. It’s one of the three Cost knowledge area processes, and one of the ten Monitoring and Controlling processes. The primary purpose of this process is to monitor the budget and manage any changes made to the cost… [Read more…]
Psychological and sociological theories explaining how individuals and groups behave, such as this theory, is listed as the tool of Organizational Theories in the fourth edition PMBOK®’s Develop Human Resource Plan process. Maslow’s hierarchy of needs is a motivation theory that explains how people are differentially motivated depending on their state of needs. The most… [Read more…]
There is much to know about selecting a good sample and it should be done carefully by someone knowledgeable. A good sample can accurately describe the whole population with a fraction of the cost and time it would take to measure the entire population. Project managers may use statistical sampling as part of performing the… [Read more…]
June 30, 2009 by tapuniversity
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