4 - Integration Management Flashcards
DEVELOP PROJECT CHARTER
Occurs in the INITIATION process group
INPUTS
- Project SOW
- Business Case
- Agreements
- Enterprise Environmental Factors
- Organizational Process Assets
TOOLS
- Expert Judgement
- Facilitation Techniques
OUTPUTS
- Project Charter
INTEGRATION MANAGEMENT
Making certain every part of the project is coordinated.
- Develop Project Charter
- Develop Project Management Plan
- Direct and Manage Project Work
- Monitor and Control a Project Work
- Perform Integrated Change Control
- Close Project or Phase
DEVELOP PROJECT MANAGEMENT PLAN
Occurs in the PLANNING process group
INPUTS
- Project Charter
- Outputs from other processes
- Enterprise Environmental Factors
- Organizational Process Assets
TOOLS
- Expert Judgement
- Facilitation Techniques
OUTPUTS
- PM Plan
DIRECT AND MANAGE PROJECT WORK
Occurs in the EXECUTING process group
INPUTS
- PM Plan (approved)
- Approved Change Requests
- Enterprise Environmental Factors
- Organizational Process Assets
TOOLS
- Expert Judgement
- Meetings
- PMIS
OUTPUTS
- Deliverables
- Work Performance Data
- Change Requests
- PM Plan Updates
- Project Document Updates
MONITOR AND CONTROL PROJECT WORK
Occurs in the MONITORING AND CONTROLLING process group
INPUTS
- PM Plan
- Work Performance Info
- Validated Changes
- Schedule Forecasts
- Cost Forecasts
- Enterprise Environmental Factors
- Organizational Process Assets
TOOLS
- Expert Judgement
- Analytical Techniques
- Meetings
- PMIS
OUTPUTS
- Change Requests
- Work Performance Reports
- PM Plan Updates
- PRoject Documents Updates
PERFORM INTEGRATED CHANGE CONTROL
Occurs in the MONITORING AND CONTROLLING process group
INPUTS
- PM Plan
- Work Performance Reports
- Change Requests
- Enterprise Environmental Factors
- Organizational Process Assets
TOOLS
- Expert Judgement
- Meetings
- Change Control Tools
OUTPUTS
- Approved Change Requests
- Change Log
- PM Plan Updates
- Project Document Updates
CLOSE PROJECT OR PHASE
Occurs in the CLOSING process group
INPUTS
- PM Plan
- Accepted Deliverables
- Organizational Process Assets
TOOLS
- Expert Judgement
- Meetings
- Analytical Techniques
OUTPUTS
- Final Product, Service, or Result Transition
- Organizational Process Assets Updates
BUSINESS CASE
- Market Demand
- Business Need
- Customer a Requirement
- Technology Advance
- Legal Requirement
- Ecological Impact
- Social Need
PROJECT SELECTION METHODS
- Benefit-cost Ratio
- Economic Value Add (Net Operating a Profit After a Tax - Cost of Capital)
- Internal Rate of Return
- Present a Value (FV=PV(1+r)**n)
- Net Present Value
- Return on Investment
- Return on Invested Capital (Net income after tax)
- Opportunity Cost
- Payback Period
PROJECT CHARTER
Names and authorizes PM to expend resources to achieve project objectives.
May include high-level requirements, milestones, and budget.
PM PLAN
Formal, approved document defining how project is managed, executed, and controlled. Contains 16 components.
WORK AUTHORIZATION SYSTEM
Part of the overall PMIS; ensures that project work gets done at the right time and in the right sequence. May be as informal as email or as formal as a system to assign and log job work orders.
CHANGE REQUESTS
Approved or rejected in Integrated Change a Control.
PM should influence factors that cause change.
PM should assess impact of changes on project and make decision.
CLOSE PROJECT OR PHASE
Last process in each phase or project.
- Capture lessons learned
- Archive project documents
- Celebrate success
- Release project team
PROJECT MANAGEMENT PLAN
- Defines how the project is executed, monitored and controlled, and closed.
- It is progressively elaborated.
