PMP initiating Process Group Flashcards
Before initiating
Needs assessment
Business case
Benefits management plan
Project will be Chartered
Project selection methods
Present Value PV
Net present value NPV
Discounted cash flow DCF
Internal rate of return IRR
Return on investment ROI
Lifecycle cost
Opportunity cost
Payback break even period
Depreciation
Benefit cost ratio BCR
Project Charter …
Establishes partnership between performing and requesting organizations
Project charter contains
Objectives
Business needs
High level requirements
Key deliverables
Milestone schedule
Financial Risk
Stakeholder list
Exit criteria
Inputs to Project Charter
Agreements
Business Documents
EEF & OPA
Outputs from Project Charter
Project Charter (Assumption Log)
To Identify Stake Holders
Identify all Stakeholers
Document Interests, involvement
Impact
Begins early done periodically
Stakeholder Inputs
Project Charter
Agreements
Business Documents
PMP Plan
EEF & OPA
Stakeholder Outputs
Stakeholder Register
Change Requests
PM Plan Updates
Proj Document Updates
Tools and Techniques for Stakeholder Analysis
Stakeholder Analysis
- Interest, Rights, Ownersip
Grids
Stakeholder Cube
Salience Model
Direction OF influence
- Upward, Downward, Outward, Sideward
Power Influence Grid
Salience Model
Stakeholder Register remember CIA
Classification
Identification
Assessment
