PMP: Processes Flashcards
Know key benefits of the 49 processes
direct link between project and strategic objectives of organization
Develop Project Charter
Production of a comprehensive document defines the basis of all project work and how the work will be performed
Develop Project Management Plan
Overall management of the project work and deliverables…improving the probability of project success
Direct & Manage Project Work
Prior organizational knowledge is used to produce/improve the project outcomes, and knowledge created by the project is available to support organizational operations and future projects
Manage Project Knowledge
Allows stakeholders to understand the current state of the project
Monitor & Control Project Work
Allows for documented changes within the project to be considered in an integrated manner while addressing overall project risk, which often arises from changes made without consideration of the overall project objectives or plans
Perform Integrated Change Control
Information is archived, planned work is completed, and organizational team resources are released to pursue new endeavors
Close Project or Phase
guidance and direction on how scope will be managed throughout the project
Plan Scope Management
basis for defining the product scope and project scope
Collect Requirements
Describes the product, service or result boundaries and acceptance criteria
Define Scope
Provides a framework of what has to be delivered
Create WBS
Brings objectivity to the acceptance process…increases the probability of final product, service, or result acceptance by validating each deliverable
Validate Scope
The scope baseline is MAINTAINED throughout the project
Control Scope
Enables the project team to IDENTIFY the appropriate focus for engagement of each stakeholder or group of stakeholders
ID Stakeholders
Provides an actionable PLAN to interact effectively with stakeholders
Plan Stakeholder Engagement
Allows the PM to increase support and minimize resistance from stakeholders
Manage Stakeholder Engagement
Maintains or increases the efficiency and effectiveness of stakeholder engagement activities as the project evolves and its environment CHANGES
Monitor Stakeholder Engagement
Determines whether to acquire goods and services from outside the project, and if so, what to acquire as well as how and when to acquire it
Plan Procurement Management
Selects a qualified seller and implements the legal agreement for delivery
Conduct Procurements
Ensures BOTH seller and buyer performance meet the project’s requirements according to the terms of the legal agreement
Control Procurements
Ensures that the degree, type, and visibility of risk management are proportionate to both risks and the importance of the project to the organization and other stakeholders
Plan Risk Management
documentation of existing individual project risks and the sources of overall project risks. It also brings together information so the project team can respond appropriately to identified risks
ID Risks
Focuses efforts on high-priority risks
Perform Qualitative Analysis
Quantifies overall project risk exposure, and it can also provide additional quantitative risk information to support risk planning
Perform Quantitative Analysis