If project stakeholders do not define the same way, the project is likely to be perceived as a failure even if the project delivers on time on budget as defined. One of the most difficult challenge in achieving IT success is aligning the diverse expectations of various project participants, stakeholders, senior management, and so on … Continue reading
Statement of Work Agreement (SOW) details 1.1 Commencement Date Specify the Commencement Date. This is the date that performance of the Agreement started, or will start. It may not necessarily be the day on which the Agreement is signed. xxrd September 1.2 Term Specify the Term (which will commence on the Commencement Date), and any … Continue reading
Function The Project Manager role is accountable for successful delivery from project commencement to project completion, through the Initiating, Planning, Execution, Monitoring and Control and Closing phases. Role The role of a Project Manager is to: Provide decision making authority across all technical and business process related issues Commit the Delivery Model in conjunction with … Continue reading
1. PERT (P + 4M + O )/ 6 Pessimistic, Most Likely, Optimistic 2. Standard Deviation (P – O) / 6 3. Variance [(P - O)/6 ]squared 4. Float or Slack LS-ES and LF-EF 5. Cost Variance EV – AC 6. Schedule Variance EV – PV 7. Cost Perf. Index EV / AC … Continue reading
Scope: Inputs Tools & techniques Outputs Collect Requirements (Planning) Project Charter Interviews Requirements Documentation Stakeholder Register Focus Groups Requirements Management Plan Facilitated Workshops (JAD or QFD) Requirements Traceability Matrix Group Creativity Techniques Group Decision Making Techniques Questionnaires and Surveys Observations Prototypes Inputs Tools & techniques Outputs Define Scope (Planning) Project Charter Expert Judgment Project Scope … Continue reading
Procurement Management: Inputs Tools & techniques Outputs Plan Procurements (planning) Scope Baseline Make-or-Buy Analysis Procurement Management Plan Requirements Documentation Expert Judgment Procurement Statement of Work Teaming Agreement Contract Types Make-or-Buy Decision Risk Register Procurement Documents Risk Related Contract Decisions Source Selection Criteria Activity Resource Requirements Change Requests Project Schedule Activity Cost Estimates Cost Performance Baseline … Continue reading
Risk Management: Inputs Tools & techniques Outputs Plan Risk Management (Planning) Project Scope Statement Planning Meetings Risk Management Plan Cost Management plan Schedule Management Plan Communications Management Plan Enterprise Environmental Factors Organizational Process Assets Inputs Tools & techniques Outputs Identify Risks (Planning) Risk Management Plan Documentation Review Risk Register Activity Cost Estimates Information Gathering Technique … Continue reading
Communications Management: Inputs Tools & techniques Outputs Identify Stakeholders (Initiation) Project Charter Stakeholder Analysis Stakeholder Register Procurement Documents Expert Judgment Stakeholder Management Strategy Enterprise Environmental Factors Organizational Process Assets Inputs Tools & techniques Outputs Plan Communications (Planning) Stakeholder Register Communication Requirement Analysis Communications Management Plan Stakeholder Management Strategy Communication Technology Project Document Updates Enterprise Environmental … Continue reading
Human Resources Management: Inputs Tools & techniques Outputs Develop Human Resources Plan (Planning) Activity Resource Requirements Organization Charts and Position Description Human Resource Plan Enterprise Environmental Factors Networking Organizational Process Assets Organizational Theory Inputs Tools & techniques Outputs Acquire Project Team (Executing) Project Management Plan Pre-assignment Project Staff Assignments Enterprise Environmental Factors Negotiation Resource Calendars … Continue reading
Quality Management: Inputs Tools & techniques Outputs Plan Quality (Planning) Scope Baseline Cost-Benefit Analysis Quality Management Plan Stakeholder Register Cost of Quality (COQ) Quality Metrics Cost Performance Baseline Control Charts Quality Checklists Schedule Baseline Benchmarking Process Improvement Plan Risk Register Design of Experiments Project Document Updates Enterprise Environmental Factors Statistical Sampling Organizational Process Assets Flow … Continue reading
Cost Management: Inputs Tools & techniques Outputs Estimate Costs (planning) Scope Baseline Expert Judgment Activity Cost Estimates Project Schedule Analogous Estimating Basis of Estimates Human Resource Plan Parametric Estimating Project Document Updates Risk Register Bottom-up Estimating Enterprise Environmental Factors Three-Point Estimates Organizational Process Assets Reserve Analysis Cost of Quality Project Management Estimating Software Vendor Bid … Continue reading
Time Management: Inputs Tools & techniques Outputs Define Activities (Planning) Scope Baseline Decomposition Activity List Enterprise Environmental Factors Rolling Wave Planning Activity Attributes Organizational Process Assets Templates Milestone List Expert Judgment Inputs Tools & techniques Outputs Sequence Activities (Planning) Activity List Precedence Diagramming Method (PDM) Project Schedule Network Diagrams Activity Attributes Dependency Determination Project Document … Continue reading
Integration: Inputs Tools & techniques Outputs Develop the Project charter (initiation) Project statement of Work Expert Judgment Project charter Business case Contract Enterprise Environmental Factors Organizational Process Assets Inputs Tools & techniques Outputs Develop the Project management plan (planning) Project charter Expert Judgment Project Management Plan Enterprise Environmental Factors Organizational Process Assets Inputs Tools & … Continue reading
Project Management Institute (PMI) India at its recently held National Conference 2011, in Bengaluru honoured the best projects in India and contribution to the community by corporate India with the PMI India awards. The Vijaipur Dadri Bawana Pipeline project of GAIL India was the winner of the PMI India project of the year award. The award … Continue reading
Early Project Management a Key to Successful Moves to Cloud. Once the project manager came on board, everything was signed already and he was reviewing things and saying, ‘This doesn’t do this or that.’ So that is one thing we learned,” Baer said, adding that the expertise is necessary “because sometimes we don’t know the … Continue reading
Integration Questions Lessons learned are completed by? Project team What are the major constraints on a project? Refers to the Triple Constraints: Cost, Time, Quality, along with customer satisfaction and scope of work. When many changes are made to a project, what should a project manager do? Make change as needed, but maintain a … Continue reading
Procurement Questions What is make or buy analysis? A technique used to determine whether a product can be produced cost effectively by the organization. What are contract incentives? Inducements provided by the buyer to the contractor in an attempt to ring the objectives and interests of the contractor in line with those of the … Continue reading
Quality Questions What are control limits as used in control charts? Control limits describe the natural variation of a process. Assignable cause is a point outside the control limits Define “kaizen”? Continuous improvement. Small improvements in products or procedures to reduce costs and ensure consistency of performance of product or service. What is gold-plating? … Continue reading
Risk Questions Generally speaking, in what project phase are risk and opportunity greater than the amount at stake by the widest margin? Initiation Describe the difference between an internal risk and an external risk. An internal risk is under the control or influence of the project team; external is beyond control or influence. What … Continue reading
Cost Questions What is life cycle costing? Concept of including acquisition, operating, maintenance, and disposal costs; total cost of ownership Which of the following includes an audit; Administrative Closure or Contract Closure? Contract Closure includes an audit. What is “chart of accounts”? Coding structure used to report financial information in general ledger. Code of … Continue reading