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PMBOK-5th - Project Management Body of Knowledge 5th Edition - Dump Information

Vendor : PMI
Exam Code : PMBOK-5th
Exam Name : Project Management Body of Knowledge 5th Edition
Questions and Answers : 0 Q & A
Updated On : March 23, 2018
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PMBOK-5th Questions and Answers

PMBOK-5th Project Management Body of Knowledge 5th Edition

Article by Killexams PMI Certification Experts


PMI Project Management Body

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undertaking management skilled (PMP) Prep I | real questions with brain dumps

find out how to prepare for the assignment administration Institute's (PMI)® prestigious venture management skilled (PMP)® certification examination via studying the primary seven chapters of A ebook to the undertaking management body of abilities (PMBOK® ebook), fifth edition--the elementary aid for the PMP® certification examination. raise your assignment management IQ through discovering tips and thoughts involving the questions you will come upon on the PMP® exam. Use confirmed getting to know recommendations to help soak up key terminology, concepts, and formulation.

This direction, the first part of a two-route sequence, will demystify the PMBOK® ebook! discover concerning the 10 mission management capabilities Areas, 5 process organizations, and forty seven undertaking management procedures. This direction will aid you profit clarity about loads of topics like precedence diagramming, estimating, and scope administration.

project management Institute (PMI) currently updated the PMBOK guide with alterations to the project management expert (PMP) exam taking effect March 26, 2018. This path currently references the PMBOK guide – Fifth version and the latest edition of the PMP examination. We welcome you to sign up in this latest version of the course as it displays the existing edition of the PMP exam.

A route that references the PMBOK book – Sixth version and the upcoming models of the PMP examination can be purchasable January 2018.

6 Weeks / 24 course Hrs

beginning December 13, 2017

Episode 405.2: The PMI-ACP exam is altering in 2018 | real questions with brain dumps

Cornelius Fichtner assist you along with your PMP examination Prep ( as well as earn free PDUs ( Passing the PMP examination is tough, but retaining your PMP Certification alive is just as difficult. getting ready for the exam requires an in-depth examine of the PMBOK ebook and dedicated look at discipline. And once you are PMP certified, then you definitely are required to earn 60 expert development devices (PDUs) each three years to hold your certification alive. Let me help you are making this adventure less complicated with assistance and hints on the way to put together for and flow the examination as well as efficaciously earning your PDUs when you are certified.

About this weblog RSS contemporary Posts

Episode 406: leading tasks devoid of Authority

Episode 405.2: The PMI-ACP examination is changing in 2018

Episode 405.1: The PMP exam is changing in 2018

Episode 404: constructing trust the usage of virtual conversation

Episode 403: superior Product exceptional Planning

(click to down load MP3...)

Alicia Burke, Global Product Manager <a href=PMI-ACP" src="" class="c15" title="Alicia Burke, Global Product Manager PMI-ACP"/>

The Agile practice book turned into launched along side A ebook to the challenge management body of abilities (PMBOK® ebook) – Sixth edition in September 2017. due to this fact the mission administration Institute (PMI)® wil enforce a "lexicon update" to the PMI Agile certified Practitioner (PMI-ACP)® examination om 26 March 2018. here's to make certain that examination lexicon is in line with the new book.

This interview with Alicia Burke (LinkedIn Profile) changed into no longer recorded at the grand PMI global convention 2017 in Chicago, Illinois as a result of we had scheduling conflicts. So we recorded it by means of Skype after the convention. We talk about the how, what, why and when of the adjustments which are coming to the PMI-ACP examination.

youngsters the PMI-ACP is not a look at various of the Agile apply book, it's going to develop into one of the most references for the exam. This skill that students getting ready to take the examination after the trade can are expecting to peer lexicon alterations and terminology used in the examination to be in step with the guide. college students planning to take the exam after the exchange are counseled to make use of PMI-ACP exam prep materials that are up to date to the brand new e book.

(This interview become initially posted on The task administration Podcast.)

Posted on: November 28, 2017 12:30 AM | Permalink

10 information for PMP Certification exam Success | real questions with brain dumps

The challenge administration skilled (PMP) certification by the venture management Insititute (PMI) is a sensible choice for undertaking managers in any business. according to PMI, a PMP certifcation can increase your salary by way of a normal of 20% and support your organiation finished more of their initiatives on time, on price range and meeting long-established dreams.

As you’re gearing up on your PMP examination, listed here are 10 suggestions to assist you acheive PMP certification success.

  • Don’t delivery With the PMBOK book.
  • one of the vital largest error you can make whereas making ready to your PMP examination is to begin studying the use of the PMBOK e book, or PMI’s ebook to the venture administration physique of talents. It’s like self-gaining knowledge of the Greek language with none advice. The PMBOK carries a lot of new terminology that you just can also find tricky to take into account. The sheer quantity of difficult terminology, processes and the input, and thoughts and the output (ITTO) makes it overwhelming to assimilate. whereas the PMBOK should be read, consider of it greater of a reference text than a study course.

  • Create Your personal custom study Plan
  • The PMP exam will look at various you on five domains overlaying loads of distinctive discipline areas. You have to be certain you've got enough time to overview all domains as a minimum once; this includes now not handiest gaining knowledge of, however also finishing mock tests, touring on-line boards and spending time beyond regulation reviewing areas that need improvement.

    devoid of ample planning, your possibility of success will drop. creating a examine plan that suits your very own needs is simple; even an easy to-do list can assist a whole lot. to your customized look at plan, make sure to agree with components reminiscent of:

  • How soon do you plan to take the examination? check the Prometric look at various middle web site to discover a time and site that works for you (you'll want your eligibility quantity).
  • How lots time are you able to devote to your look at efforts? if you are already working, or have other commitments, make certain that you can commit enough time to the fundamentals, such as covering all examination themes, taking follow tests and reviewing exam simulations.
  • How plenty can you spend on guidance material and practising classes? search for reputable, certified look at substances and practicing to make sure you have got an intensive realizing of each subject matter coated in the examination.
  • What working towards formula best suits you? Some people decide on self-researching, whereas others suppose there is not any exchange for the lecture room. Use your previous discovering experiences to support you decide upon the formula to help you prepare ultimate.
  • How well acquainted are you already with the examination topics? Even very experienced gurus, with decent knowledge in regards to the certification topics, can have a tough time all the way through the examination. Your own event can prevent some learning time, but remember to bear in mind components such as the exam size and query good judgment. Relying too much on experience on my own is a negative approach with a view to doubtless lead to dangerous results.
  • Do much less Memorizing & more realizing
  • The PMP exam is a pragmatic examination that assessments your utility of challenge management ideas and theories in precise existence scenarios. as a result of the volume of terminology within the PMP domains, many try to memorize their option to success handiest to find the application nature of the examination when it’s too late. reading to be mindful helps you internalize the ideas and follow training to true life situations. youngsters, basic items like method corporations, potential areas and ordinary formulation should be simply recallable by means of any mission supervisor. These include agenda and value management formulas, critical direction evaluation and more.

  • Get to grasp Your exam
  • This may also sound overly standard, but your first step to success is understanding the problem you are likely to face. The PMI site will aid you find fundamental information on the PMP certification examination. it is going to also supply links to lots of advantageous guidance, reminiscent of respectable practising providers, exam issues, follow questions and look at cloth.

    The PMBOK e book includes primary details akin to a top level view of the certification and the examination, together with its must haves, how many and what type of questions you are about to face, time disbursed for examination and the passing mark.

    It also provides precise information on the issues lined within the examination, together with the percent of questions committed to each and every field. This helps a whole lot, particularly in constructing your examine plan.

  • Leverage Free exam-Prep resources
  • The PMP handbook, PMP exam content define and PMP sample Questions are all purchasable as free downloads on the PMI site. Use these as a place to begin to consider your figuring out of the 5 PMP exam domains.

  • Get concerned In an exam Prep course
  • finding out to use a self-analyze-only strategy can also seem like a bold determination, however may additionally now not be the superior strategy. it's essential to consider reaching examination success requires in-depth competencies of a few diverse subjects. notwithstanding you have got actual-world journey, a few of it can now not follow on account that PMI’s aspect of view may well be reasonably distinct from the projects you're used to doing within the box.

    Going through a certification preparation course means that you can spend time with an skilled instructor, with genuine advantage on how to beat the exam. it is a brilliant opportunity to get your whole questions answered, share experiences and techniques, and even network whether it is in-adult practising. This results in a more advantageous success fee on any certification examination.

  • Take follow checks
  • No PMP candidate should method the exam with out the help of observe questions. The PMP exam contains 200 questions that have to be answered in 4 hours – that’s lower than one minute per question! This potential you should be at your top-rated, now not best in terms of talents of the 5 PMP domains, however additionally when it comes to time administration and stress control.

    To get all started, evaluation PMI’s PMP sample questions. a further alternative is InfoSec Institute’s follow check provider, SkillSet.

    As for observe exam examine outcomes, do not be discouraged. except you are an experienced look at various taker, it is rather general for things to move sour all through the first circular of questions, certainly if you aren't performed along with your analyzing and prep course. Take your time to study and use every resource available to clarify any doubts. via the end of your look at plan, you'll see consistent outcomes on apply assessments. 

  • join an online community
  • a simple Google search will discover a few PMP forums, wikis and private sites the place each candidates and authorized authorities share their certification experiences.

    As normal, it's vital to examine the credibility of any supply you're the use of. for example, in case you are seeking for a proper definition of an idea that is lined in the examination, the premier approach is the usage of respectable material, e.g., books, instructions and other reputable publications. however, in case you are searching for everyday information, posting your query to an online forum such as reddit or TechExams can be fairly useful.

    Many candidates visit online forums and seek “PMP success.” this may function each practise and motivation for the upcoming examination. when you are feeling assured, searching “PMP failure” posts may also also provide you with some crucial suggestions, as getting to know from the errors of others is far less painful than from your personal.

    A word of counsel: until you have got time to assist others, prevent poisonous people and posts. Many unlucky exam takers log on to vent their frustration and this will also be discouraging.

  • Have an examination-Day education Plan
  • handle these three staple items as a minimum a week in enhance of your examination:

  • Is your exam equipment equipped? verify the PMP instruction manual to make sure you have got every little thing you need for the day of your PMP examination. This can also sound foolish, but some candidates fail to even attend the check for not gratifying simple requirements like bringing ample identification. name your trying out center to determine you remember the necessities.
  • Are you calm and smartly rested? Many candidates fail on account of actual and mental exhaustion. Staying up late doing a ultimate circular of look at may additionally sound tempting, however last-minute analyzing is continually no longer a very good element, and might even depart you anxious. if you suppose it is essential to do a final review, do a selective analyzing as an alternative. additionally, do not center of attention fully on weaknesses. if you haven't mastered a particular subject previously, you might also prefer to center of attention on improving the areas the place you’re first rate. a superb device for selective reading is the use of summaries or glossaries, which have lots of crucial counsel, a few of which you may have overlooked throughout your analyze periods.
  • Did you are making the essential preparations to be on time at the check website? Candidates may no longer be admitted to the web page in the event that they are late. if you're the usage of public transportation, double determine the most efficient routes; when you are riding to the examination web site, be certain you comprehend where to park formerly.
  • Clear Your mind
  • Use these tips to clear your mind and stay focused all the way through the examination:

  • Be privy to time. all through the examination, you can also attain a high degree of concentration i like to name “the zone.” This skill a more advantageous focal point, which is respectable for issue fixing, but may cause you to lose song of time. What may also seem like seconds can be precious minutes; hours tend to flow at a really quickly price, so make certain you have time to go through each query on the exam.
  • Take your time reading the questions. Even with constrained time, it's vital now not to rush. Take your time, pay attention to each query and answer choice and ensure you keep in mind what's being requested. look forward to distractors (alternatives that are absolutely false) in dissimilar-choice questions that can also be at once eradicated. it's additionally important to pay shut consideration to phrases equivalent to MOST, LEAST, not, ALL, by no means and always, considering they could totally alternate a sentence.
  • are attempting to chill out. remember to stretch and relax your muscle groups all over the examination. a peaceful intellect can aid you remedy problematic questions.
  • bear in mind, there is not any motive to panic. final calm will improve your attention. if you adopted your examine plan correctly, your outcomes will likely be superb; if now not, you could have a lot more adventure all the way through the subsequent are trying!
  • PMP Pricing – InfoSec

    in the conclusion, the PMP certification is an outstanding option to strengthen your profession. youngsters, as anticipated, such merits come at a cost: only essentially the most committed candidates will be triumphant. Plan forward, use the aforementioned advice as a basis in your look at method, however additionally consider enrolling in authentic practising.

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    well, these are actually some twenty documents. hence: greater beginning early. Saving adjustments... ^ additionally set a path for yourself towards the aim. since your exterior influencers; spouse, family unit, work, and many others., assess [realistically] what will also be carried out every day and weekly to progress towards the finish line - content, study time, examine trend...

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    PMI PMBOK-5th Exam (Project Management Body of Knowledge 5th Edition) Detailed Information

    Do I have to be a CAPM, PMP, or a PMI member to apply for other PMI certifications?
    No. No one certification serves as a prerequisite for another. You also do not have to be a PMI member to apply to become a certification holder.
    How do I earn a PMI certification?
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    What are the eligibility requirements?
    The eligibility requirements for each certification are mentioned here and detailed in the handbook.
    How do I complete the application?
    All certification applications are available online. Click the "Apply" button on these web pages. Please note that any missing information on the application will delay processing.
    What supporting documentation should I send with my application?
    When submitting an application, you do not need to send documentation. However, you will be required to send supporting documentation if your application is selected for a random audit. To find out more about PMI's audit process, refer to the certification handbooks and the audit FAQs.
    Once I pass the exam or evaluations, what next?
    You may refer to yourself as a certification holder although your certificate package can take six to eight weeks to arrive in the mail. Please refer to the "Use of Your PMI Certification" section of the handbooks for more details.
    You also can start making plans for maintaining your certification by familiarizing yourself with the Continuing Certification Requirements (CCR) program and its requirements. More details on the CCR program can be found within the CCR Handbook .
    How do I schedule a certification exam appointment?
    Once you are eligible, PMI will e-mail you examination scheduling instructions with your eligibility code, which you will need when scheduling your exam appointment at a Prometric testing center. You can schedule your exam appointment online or by telephone. Full details can be found in the certification handbook and within the examination scheduling instructions.
    Where will the examination be given?
    All PMI computer-based exams are offered at all Prometric Testing Centers worldwide. You can check for locations on Prometric's website but you will need to have submitted your certification fees and received your examination scheduling instructions in order to schedule an exam appointment.
    Are the exams available in languages other than English?
    The PMP and CAPM exams are translated into multiple languages. Please consult the respective certification handbooks for details on specific languages available. The PMI-ACP exam is available in English and Simplified Chinese. The PMI-PBA exam is available in English and will also be available in Simplified Chinese by mid-2016. Other certification exams are not currently translated, but PMI will notify you when translations are available.
    If I fail the exam, can I take it again?
    If you fail the exam on your first attempt, you can re-take it two more times within your one-year eligibility period. Fees are associated with re-examination. Details for re-examination can be found in the certification handbook.
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    PMP PMI Certification Genius - Exam Prep Practice Questions & Study Guide for Pmbok 5Th Edition

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    2 2 [Ref: PMBoK 5th Edition by PMI, USA]

    3 M ANAGE C OMMUNICATIONS P ROCESS The process of creating, collecting, distributing, storing, retrieving and the ultimate disposition of project information in accordance with the communications management plan Key Benefit: It enables an efficient and effective communications flow between project stakeholders 3 [Ref: PMBoK 5th Edition by PMI, USA]

    4 MANAGE COMMUNICATIONS PROCESS (CONT’D…) This process ensure that the information is flowing back-and-forth as planned It is about implementation of communications management plan i.e. fulfillment of information needs of stakeholders using the technology, models, and methods established in the plan Goes beyond (only) distribution of relevant information – and ensure that the information being communicated has been properly generated, received and understood The project manager (should) provide(s) opportunities for stakeholders to request for further information and clarification, as needed 4 [Ref: PMBoK 5th Edition by PMI, USA]

    5 MANAGE COMMUNICATIONS PROCESS – ITTOS Inputs Communications Management Plan Work Performance Reports EEFs & Os Tools & Techniques Communication Technology Communication Models Communication Methods Information Management System Performance Reporting Outputs Project Communications Project Management Plan Updates Project Documents Updates O Updates 5 [Ref: PMBoK 5th Edition by PMI, USA]

    6 6

    7 MANAGE COMMUNICATIONS PROCESS – INPUTS Communications Management Plan Describes how project communications will be planned, structured, monitored and controlled Communications management is conducted in the light of this plan Work Performance Reports Are a collection of project performance and status information that may be used to facilitate discussion and to create communications Should be comprehensive, accurate and available in a timely manner EEFs & Os 7 [Ref: PMBoK 5th Edition by PMI, USA]

    8 MANAGE COMMUNICATIONS PROCESS – TOOLS & TECHNIQUES Communication Technology To ensure that choice of communication technology is appropriate for the information being communicated Communication Models To ensure that choice of communication model is appropriate for the project and any barriers (noise) are identified and managed Communication Methods To ensure that the information created and distributed (during the project) has been received and understood to enable response and feedback Information Management System ludes the tools used to manage and distribute the project information. E.g Hard-Copy document management (e.g. letters, reports, etc) Electronic Communication (e.g. s, telephone, fax, websites etc.) Electronic Project Management Tools (e.g. Project Management software tools like MS-Project, Primavera, MS-Sharepoint – for scheduling and collaboration) 8 [Ref: PMBoK 5th Edition by PMI, USA]

    9 MANAGE COMMUNICATIONS PROCESS – TOOLS & TECHNIQUES (CONT’D…) Performance Reporting Collecting and distributing performance information, including startup reports, progress measurements, and forecasts ludes periodic collection and analysis of ‘baseline-Vs.- actual’ data Involves understanding of project performance, and forecasting project results Provision of relevant information for project stakeholders through project reports Project Reports Simple Reports E.g. Percentage complete of Scope, Schedule, Cost, Quality etc. Detailed Reports: E.g. Status Reports, Progress Reports, Trend Reports, Forecasting Reports, Variance Reports, Earned Value Reports, Lessons 9 [Ref: PMBoK 5th Edition by PMI, USA]

    10 MANAGE COMMUNICATIONS PROCESS – OUTPUTS Project Communications Performance reports Status of Deliverables Schedule Progress Costs urred, etc. Project Management Plan Updates ludes project baselines, stakeholder management plan etc. Performance is measured against baselines, and deviations are measured for management control. PM Plan may need to be updated based on the current project performance Project Documents Updates O Updates 10 [Ref: PMBoK 5th Edition by PMI, USA]

    11 C ONTROL C OMMUNICATIONS P ROCESS The process of monitoring and controlling communications throughout the entire project life cycle to ensure the information needs of the project stakeholders are met Key Benefit: Ensure an optimal information flow among all communication participants, at any moment in time 11 [Ref: PMBoK 5th Edition by PMI, USA]

    12 CONTROL COMMUNICATIONS PROCESS – ITTO’S Inputs Project Management Plan Project Communications Issue Log Work Performance Data Organizational Process Assets Tools & Techniques Information Management Systems Expert Judgment Meetings Outputs Work Performance Information Change Requests Project Management Plan Updates Project Documents Updates O Updates 12 [Ref: PMBoK 5th Edition by PMI, USA]

    13 C ONTROL C OMMUNICATIONS P ROCESS The process of monitoring and controlling communications throughout the entire project life cycle to ensure the information needs of the project stakeholders are met Key Benefit: Ensure an optimal information flow among all communication participants, at any moment in time 13 [Ref: PMBoK 5th Edition by PMI, USA]

    14 CONTROL COMMUNICATIONS PROCESS – ITTO’S Inputs Project Management Plan Project Communications Issue Log Work Performance Data Organizational Process Assets Tools & Techniques Information Management Systems Expert Judgment Meetings Outputs Work Performance Information Change Requests Project Management Plan Updates Project Documents Updates O Updates 14 [Ref: PMBoK 5th Edition by PMI, USA]

    15 15 [Ref: PMBoK 5th Edition by PMI, USA]

    16 DETAILED DISCUSSION CONTROL COMMUNICATIONS PROCESS – INPUTS Project Management Plan Describes how project will be executed, monitored, controlled and closed. Provides information for Control Communications, e.g.: Stakeholder Communication Requirements Reason for distribution of information Time and Frequency of information distribution People responsible for communication of information The receiver of the information Project Communications Involves activities required for information and communications to be monitored, controlled, acted upon, and released to stakeholders. ludes various (simpledetailed) types of communications, e.g. Deliverable Status Schedule progress Costs incurred Issue Log Used to document and monitortrack the resolution of issues May be used to facilitate communication and ensure a common understanding of issues Consists of the person responsible for resolution of issues by a target date Provides the status of what has happened in the project 16 [Ref: PMBoK 5th Edition by PMI, USA]

    17 CONTROL COMMUNICATIONS PROCESS – INPUTS (CONT’D…) Work Performance Data Raw observations and measurements identified during activities being performed to carry out the project work Lowest level of detail – from which information is derived (by other processes) Gathered through work execution and passed to the controlling processes of each process area for further analysis Examples: Work completed, KPI’s, technical performance measures, startfinish dates of schedule activities, number of change requests, number of defects, actual costs, and actual durations May include communications related information e.g. which communications have actually been distributed, feedback on communications, other observations identified during communication activities Organizational Process Assets Report Templates Policies and procedures related to communications 17 [Ref: PMBoK 5th Edition by PMI, USA]

    18 CONTROL COMMUNICATIONS PROCESS – TOOLS & TECHNIQUES Information Management Systems Provides a set of standard tools to capture, store, distribute information about schedule, costs, performance etc. They may also include capabilities of consolidating reports from other systems, and distributing them to stakeholders Expert Judgment To assess impact of communications, and identify the need for necessary action (and their responsibilities and timeframe) Based on this, project manager determines the actions required to ensure that the right message is communicated to the right audience at the right time Meetings For discussion on the most appropriate way to update and communicate project performance, and to respond to various requests from stakeholders for information 18 [Ref: PMBoK 5th Edition by PMI, USA]

    19 CONTROL COMMUNICATIONS PROCESS – OUTPUTS Work Performance Information Organizes and summarizes performance data Change Requests Control Communications often results in need for adjustment, action and intervention – for which change requests are generated CRs are processed through ‘Perform Integrated Change Control’ May result in: New or revised cost estimates, schedules, activity sequences etc. Adjustment to Project Management Plan Recommendation for corrective action to bring future performance back in line with the PM plan Recommendation for preventive action to reduce the probability of future negative performance 19 [Ref: PMBoK 5th Edition by PMI, USA]

    20 CONTROL COMMUNICATIONS PROCESS – OUTPUTS (CONT’D…) Project Management Plan Updates Communications management plan may need to be updated, as a result of Control Communications Other components of the PM plan may need to be updated (e.g. stakeholder and HR management plans) Project Documents Updates May need to be updated as a result of this process, e.g. forecasts, performance reports, issue log etc. O Updates 20 [Ref: PMBoK 5th Edition by PMI, USA]


    Points to Remember - PMBOK 5th Edition - Part 1 - Introduction

    This post is about my preparation I did for successfully clearing my PMP exam. While preparing for the exam I jotted down some important points from all the chapters that helped me in quickly summarizing. The points presented in the notes are important from my perspective and might differ as per your understanding of the subject, however this can be used as an reference,

    Topics covered in Part 1 are : Introduction, Organizational Influences & Project Life Cycle, Project Management Processes, Project Integration Management.

    I. Introduction:

    1.       A project is a temporary endeavor.2.       A portfolio refers to collection of projects, program, sub-portfolios and operations managed as a group to achieve strategic objectives.3.       Programs are grouped within Portfolio and are comprised of sub-programs and projects.4.       Individual projects are either within or outside a program but considered as part of portfolio.5.       Project management is the application of knowledge, skills, tools and techniques to meet the project requirements.6.       The development of project management plan is an iterative activity and progressively elaborated throughout the project's lifecycle.7.       OPM (Organizational Project Management) is a strategy execution framework utilizing project, program and portfolio management as well as organizational enabling practices to consistently and predictably deliver organizational strategy producing better performance, better results and a sustainable competitive advantage.8.       A PMO is management structure that standardizes the project-related governance processes and facilitates sharing of resources, methodologies, tools and techniques.9.       Type of PMO:

  • Supportive: Provides consultative role to projects. Degree of control is low.
  • Controlling: Provides support and all required compliances. Degree of control is moderate.
  • Directive: Takes control and directly manages project. Degree of control is high.
  • 10.   O – Organizational Process Assets are the plans, processes, policies and knowledge bases specific to and used by the performing organization. It also includes the organization's knowledge bases such as lesson learned and historical information. It also includes completed schedules, risk data, and earned value data.11.   O's is grouped in two categories:

  • Process and Procedures
  • Corporate knowledge base.
  • 12.   Operations are ongoing endeavors while projects are temporary endeavors.13.   Organizations use governance to establish strategic direction and performance parameters.14.   It is important for project managers to be knowledgeable about organizational governance, policies, and procedures.15.   Organizational strategy should provide guidance and direction to project management. It is expressed through organization's mission and vision, including orientation to market, competition and other environmental factors.16.   Business values is defined as the entire value of business; total sum of tangible and intangible elements.17.   Successful business realization begins with comprehensive strategic planning and management.18.   A project manager is the link between strategy and team.19.   Competencies for project manager:

  • Knowledge – in terms of project management.
  • Performance – In terms of accomplishing by applying project management skills
  • Personal – Behavior while performing the project related activities.
  • II. Organizational Influences and Project Life Cycle:

    1.       The organization's culture is an Enterprise Environmental Factor (EEF).2.       Culture becomes critical factor in defining project success, and multi-cultural competence becomes critical for the project manager.3.       Project management success is high dependent on effective organizational communication.4.       Organizational structure is an Enterprise Environmental Factor (EEF).5.       In weak matrix organization the role of project manager is more of expeditor or coordinator.6.       Strong matrix organizations have many of the characteristics of projectized organization and have full time project managers with considerable authority.7.       Balance matrix organizations recognizes the need for project manager, however it does not provides full authority to project managers.8.       Composite organization is a mix of functional and projectized organizations.9.       Enterprise Environmental Factors (EEF) refer to conditions, not under control of the project team, that influence, constraint and direct the project.10.   A stakeholder is an individual, a group or organization who may affect, be affected by, or perceive itself to affect by a decision, activity, or outcome of a project.11.   Stakeholder identification is a continuous process throughout the project's life cycle.12.   Project governance is an oversight function that is aligned with the organization's governance model and that encompasses the project life cycle. It is a critical element of any project.13.   A project governance is separate from organizational governance.14.   The project governance should be clearly defined and described in project management plan.15.   Project Team includes, Project management staff, Project staff, Supporting experts, User or customer representatives, Sellers, Business partner members and business partners.16.   A project life cycle is the series of phases that a project passes through from its initiation to its closure. It provides basic framework for managing the projects, regardless of the specific work involved.17.   A project phase is a collection of logically related project activities that culminates in the completion of one or more deliverables.18.   Two basic types of phase to phase relationship are:

  • Sequential Relationship – A phase starts only when the previous phase is complete.
  • Overlapping Relationship – A phase starts prior to the completion of the previous phase. (Ex: Schedule Compression Technique aka Fast Tracking)
  • 19.   Predictive life cycles (aka fully plan-drive) are the ones in which the project scope, and the time and cost required to deliver the scope are determined as early in project lifecycle as practically possible.20.   Changes to the project scope should be carefully managed and re-planned with formal acceptance to new scope.21.   Iterative and remental Life Cycles are one in which project phases (also called iterations) intentionally repeat one or more project activities as the project team's understanding of the product increases. Thus this life cycle develops the product both iteratively and incrementally.22.   Large and complex projects are frequently executed in an iterative fashion to reduce risk by allowing team members to incorporate feedback and lessons learned between iterations.23.   Adaptive life cycles (aka change driven or agile methods) are intended to response high level change and ongoing stakeholder involvement.

    III. Project Management Processes:

  • A process is set of interrelated actions and activities performed to create a pre-specified product, service or result.
  • The project processes fall into two major categories:
  • Project management processes: These processes ensure effective flow of process throughout the project's life cycle.
  • Product-oriented processes: These processes specify and create project's product.
  • The PMBOK Guide describes only Project Management Processes
  • Project Management processes apply globally and across industry groups.
  • Project managers and their teams should carefully address each process and its inputs and outputs and determine which are applicable to the project they are working on. This effort is called tailoring.
  • The PMBOK Guide describes the nature of project management processes in terms of the integration between the processes, their interaction and the purpose they serve.
  • The process groups are not project life cycle phases.
  • Project manager is selected during initiating process group.
  • A project boundary is defined as the point in time at which the start or completion of the project or a project phase is authorized.
  • The progressive detailing of the project management plan is called progressive elaboration, indicating that planning and documentation are iterative and ongoing activities.
  • During project execution, results may require planning updates and rebase lining.
  • A large portion of the project's budget will be expended in performing the Executing Process Group processes.
  • The monitoring and controlling process group not only monitors and controls the work being done, but also monitors and controls the entire project effort.
  • A knowledge area represents a complete set of concepts, terms and activities that make up a professional field, project management field, or area of specialization.       
  • IV. Project Integration Management:

  • Project Management Plan: The process of defining, preparing, and coordinating all subsidiary plans and integrating them into a comprehensive project management plan. The project's integrated baselines and subsidiary plans may be included within the project management plan.
  • The need for project integration management is necessary in situations where individual processes interact.
  • The project charter establishes a partnership between the performing and requesting organizations.
  • A project manager needs to be identified while the project charter is being developed and always prior to the start of planning.
  • The project charter provides the project manager with the authority to plan and execute the project.
  • A project charter is not a contract, because there is no consideration or money promised or exchanged in its creation.
  • The project statement of work (SOW) is a narrative description of products, service, or results to be delivered by a project.
  • The business need and cost-benefit analysis are contained in the business case to justify the project.
  • The product scope description documents the characteristics of the product, service or results that the project will be undertaken to create.
  • The strategic plan documents the organization's strategic vision, goals, and objectives and may contain a high-level mission statement.
  • Agreements are used to define initial intentions for a project.
  • Facilitation techniques are Brainstorming, conflict resolution, problem solving and meeting management.
  • Project charter documents the business needs, assumptions, constraints, the understanding of the customer's needs and high-level requirements, and the new product, service that it is intended to satisfy.
  • Project baseline includes: Scope Baseline, Schedule Baseline, and Cost Baseline.
  • The project management plan can only be changed when change request is generated and approved through perform integrated change control process.
  • Corrective Action: An intentional activity that realigns the performance of the project work with the project management plan.
  • Preventive Action: An intentional activity that ensures that the future performance of the project work is aligned with the project management plan.
  • Defect repair: An intentional activity to modify a non-confirming product or product component.
  • Project Management Information System is part of Enterprise Environmental Factors.
  • Perform integrated change control is the process of reviewing all change request; approving changes and managing changes to deliverables, O's, project documents, and the project management plan; and communicating their disposition.
  •  The project perform integrated change control process is conducted from project inception through completion and is the ultimate responsibility of project manager.
  • Change Control Board (CCB) is a formally chartered group responsible for reviewing, evaluating, approving, delaying, or rejecting changes to the project, and for recording and communicating such decisions.
  • Configuration control focusses on the specifications of both deliverables and the processes.
  • Changes are documented and updated within the project management plan as part of the change and configuration management process.
  • Analytical techniques used in project close out are; a] Regression Analysis b] Trend Analysis
  • Documents to be reviewed by project manager during closure are:
  • Prior phase documentation
  • Customer acceptance documentation from the validate scope process
  • Contract copy.
  • Posted on: September 29, 2016 08:13 AM | Permalink
  • Project Management Body Of Knowledge (PMBOK®) Guide – 5 th Edition

    Project Management Body Of Knowledge (PMBOK®) Guide – 5th Edition February 21, 2013 1 PMBOK 4th Edition PMBOK 5th Edition Released in 2008 Released in 2013 5 Process Groups 5 Process Groups 9 Knowledge Areas 10 Knowledge Areas 42 Processes 47 Processes ...


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