47 Processes-Key Benefits Flashcards
Develop Project Charter
TKBOTP is a well-defined project start and project boundaries, creation of a formal record of the project, and a direct way for senior management to formally accept and commit to the project.
Develop Project Management Plan
TKBOTP is a central document that defines the basis of all project work.
Direct & Manage Project Work
TKBOTP is that it provides overall management of the project work.
Monitor & Control Project Work
TKBOTP is that it allows stakeholders to understand the current state of the project, the steps taken, and budget, schedule, and scope forecasts.
Perform Integrated Change Control
TKBOTP is that it allows for documented changes within the project to be considered in an integrated fashion while reducing project risk, which often arises from changes made without consideration to the overall project objectives or plans.
Close Project or Phase
TKBOTP is that it provides lessons learned, the formal ending of project work, and the release of organization resources to pursue new endeavors.
Plan Scope Management
TKBOTP is that it provides guidance and direction on how scope will be managed throughout the project.
Collect Requirements
TKBOTP is that it provides the basis for defining and managing the project scope including product scope.
Define Scope
TKBOTP is that it describes the project, service, or result boundaries by defining which of the requirements collected will be included in and excluded from the project scope.
Create WBS
TKBOTP is that it provides a structured vision of what has to be delivered.
Validate Scope
TKBOTP is that it brings objectivity to the acceptance process and increases the chance of final product, service, or result acceptance by validating each deliverable.
Control Scope
TKBOTP is that it allows the scope baseline to be maintained throughout the project.
Plan Schedule Management
TKBOTP is that it provides guidance and direction on how the project schedule will be managed throughout the project.
Define Activities
TKBOTP is to break down work packages into activities that provide a basis for estimating, scheduling, executing, monitoring, and controlling the project work.
Sequence Activities
TKBOTP is that it defines the logical sequence of work to obtain the greatest efficiency given all project constraints.
Estimate Activity Resources
TKBOTP is that it identifies the type, quantity, and charchteristics of resources required to complete the activity which allows more accurate cost and duration estimates.
Estimate Activity Durations
TKBOTP is that it provides the amount of time each activity will take to complete, which is a major input to the Develop Schedule process.
Develop Schedule
TKBOTP isthat by entering schedule activities, durations, resources, resource availabilities, and logical relationships into the scheduling tool, it generates a schedule model with planned dates for completing project activities.
Control Schedule
TKBOTP is that it provides the means to recognize deviation from the plan and take corrective and preventive actions and thus minimize risk.
Plan Cost Management
TKBOTP is that it provides guidance and direction on how the project costs will be managed throughout the project.
Estimate Costs
TKBOTP is that it determines the amount of cost required to complete project work.
Determine Budget
TKBOTP is that it determines the cost baseline against which work performance can be monitored and controlled.
Control Costs
TKBOTP is that it provides the means to recognize variance from the plan in order to take corrective action and minimize risk.
Plan Quality Management
TKBOTP is that it provides guidance and direction on how quality will be managed and validated throughout the project.
Perform Quality Assurance
TKBOTP is that it facilitates the improvement of quality processes.
Control Quality
TKBOTP include (1) identifying the causes of poor process or product quality and recommending and/or taking action to eliminate them; and (2) validating that project deliverables and work meet the requirements specified by key stakeholders necessary for final acceptance.
Plan Human Resource Management
TKBOTP is that it establishes project roles and responsibilities, project organization charts, and the staffing management plan including the timetable for staff acquisition and release.
Acquire Project Team
TKBOTP consists of outlining and guiding the team selection and responsibility assignment to obtain a successful team.
Develop Project Team
TKBOTP is that it results in improved teamwork, enhanced people skills and competencies, motivated employees, reduced staff turnover rates, and improved overall project performance.
Manage Project Team
TKBOTP is that it influences team behavior, manages conflict, resolves issues, and appraises team member performance.
Plan Communications Management
TKBOTP is that it identifies and documents the approach to communicate most effectively and efficiently with stakeholders.
Manage Communications
TKBOTP is that it enables an efficient and effective communications flow between stakeholders.
Control Communications
TKBOTP is that it ensures an optimal information flow among all communication participants, at any moment in time.
Plan Risk Management
TKBOTP is it ensures that the degree, type, and visibility of risk management are commensurate with both the risks and the importance of the project to the organization.
Identify Riss
TKBOTP is the documentation of existing risks and the knowledge and ability it provides to the project team to anticipate events.
Perform Qualitative Risk Analysis
TKBOTP is that it enables project managers to reduce the level of uncertainty and to focus on high-priority risks.
Perform Quantitative Risk Analysis
TKBOTP is that it produces quantitative risk information to support decision making in order to reduce project uncertainty.
Plan Risk Responses
TKBOTP is that it addresses the risks by their priority, inserting resources and activities into the budget, schedule and project management plan as needed.
Control Risks
TKBOTP is that it improves efficiency of the risk approach throughout the project life cycle to continuously optimize risk responses.
Plan Procurement Management
TKBOTP is that it determines whether to acquire outside support, and if so, what to acquire, how to acquire it, how much is needed, and when to acquire it.
Conduct Procurements
TKBOTP is that it provides alignment of internal and external stakeholder expectations through established agreements.
Control Procurements
TKBOTP is that it ensures that both the seller’s and buyer’s performance meets procurement requirements according to the terms of the legal agreement.
Close Procurements
TKBOTP is that it documents agreements and related documentation for future reference.
Identify Stakeholders
TKBOTP is that it allows the project manager to identify the appropriate focus for each stakeholder or group of stakeholders.
Plan Stakeholder Management
TKBOTP is that it provides a clear, actionable plan to interact with project stakeholders to support the project’s interests.
Manage Stakeholder Engagement
TKBOTP is that it allows the project manager to increase support and minize resistance from stakeholders, significantly increasing the chances to achieve project success.
Control Stakeholder Engagement
TKBOTP is that it will maintain or increase the efficiency and effectiveness of stakeholder engagement activities as the project evolves and it’s environement changes.
