Pmp Study Guide

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PMP – Project Management Professional Exam Study Guide
Contents • 5 x 9 Process Chart – Knowledge Areas and Process Groups • PMI Process Input-Tools/Techniques-Output slides (ordered by Knowledge Area) • I-TT-O listing per PMBOK v4 • Notes from PMBOK v4 and Heldman text **

• Study Tools and Exercises
• Formulas and Diagrams • AOA/ADM Exercises (2) • AON/PDM Exercises (3) • 5 x 9 Process Chart – Knowledge Areas and Process Groups • General activity flow

** PMP – Project Management Professional Exam STUDY GUIDE – Fifth Edition, Kim Heldman, 2009, ISBN: 978-0470-45558-6

20-Feb-10

1

PMI - Process Mapping Chart (PMBOK v4) Process Groups Knowledge Areas 6

Initiate

Planning

Execute

Monitor / Control
Monitor & Control Project Work Perform Integrated Change Control

Close

Integration

I

Develop Project Charter

Develop Project Management Plan

Direct & Manage Project Execution

Close Project (Phase)

5

Scope

S

Collect Requirements Define Scope Create WBS

Verify Scope Control Scope

6

Time

T

Define Activities Sequence Activities Estimate Activity Resources Estimate Activity Durations Develop Schedule

Control Schedule

3

Cost

C

Estimate Costs Determine Budget

Control Costs

3

Quality

Q

Plan Quality

Perform Quality Assurance

Perform Quality Control

4

Human Resources

H

Develop Human Resources Plan

Acquire Project Team Develop Project Team Manage Project Team

5

Communications

C

Identify Stakeholders

Plan Communications

Distribute Information Manage Stakeholder Expectations

Report Performance

6

Risk

R

Plan Risk Management Identify Risks Perform Qualitative Risk Analysis Perform Quantitative Risk Analysis Plan Risk Responses

Monitor & Control Risks

4

Procurement

P

Plan Procurements

Conduct Procurements

Administer Procurements

Close Procurements

20-Feb-10

2 processes in INITIATE

ALL KA's in PLAN

No HR in M/C

2 processes in CLOSE

2

Project Integration Management
Things to remember: • Coordinating all aspects of the project plan • PM assigned BEFORE planning starts (some time during initiation) • PM and team must address every process to determine the level to which is applies to the project – tailoring • Links between process groups are often iterated – plan feeds execute and changes during execute feed back to plan for updates

• Enterprise Environmental Factors (EEF): organizational structure, gov’t / industry standards, infrastructure, exist human resources (skills), personnel admin, work authorization systems, stakeholder risk tolerances, communication channels, PMIS

• Organizational Process Assets (OPA): process related assets – plans, policies, procedures, guidelines, lessons learned, historical info, templates, work instructions

• SOW – narrative description of products to be delivered – business need, product scope, strategic plan

• Charter - purpose + measureable objectives + high level requirements and risks + summary milestones and budget + approval metrics

• REVIEW – ANALYZE – EVALUATE before RECOMMEND
20-Feb-10

• Opportunity cost – sum of all opportunities missed by selecting a given project

3

Develop Project Charter
Inputs • Project Statement of Work (SOW) • Business Case • Contract (from external customer) • Enterprise environmental factors • Organizational process assets Tools & Techniques • Expert judgement Outputs • Project charter

• •

Develops a document to formally authorize project. Documents initial requirements that satisfy stakeholder needs. PM assignment stated. Project selection • Mathematical models – linear, dynamic, non-linear programming, … • Benefit measurement • Cost-Benefit Analysis – costs to produce, market, support (BCR = Benefit Cost Ratio … > 1 is best) • Scoring Models – weighted criteria evaluated for each project • Cash flow analysis – payback period, discounted cash flow...
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