PMP - Udemy Flashcards
Enterprise Environmental Factors (EEF) & Organizational Process Assets (OPA)
Influence the project management approach
Enterprise Environmental Factors (EEF)
Originate from outside the project and often outside the enterprise
Internal - Created how you behave
Outside - Osha / Law / Contract
Organizational Process Assets (OPA)
Created for projects and by experience
Processes, Policies, and Procedures; Organizational Knowledge Repositories
Organizational Systems
Play a significant role in the life cycle of the project
Governance Framework
Management Elements
Organizational Structures
Hierarchy
Role of Project Manager
1- Lead the Team to achieve objectives
2- Balance the competing objectives
3- Communicate with Stakeholders
4- Contribute to business value
Project Integration Management
1- Develop Project Charter (1st)
2- Develop Project Management Plan
3- Direct and manage Project Work
4- Manage Project Knowledge
5- Monitor and Control Project Work
6- Perform Integrated Change Control
7- Close Project or Phase (Last)
49 Processes
Project Scope Management
6 Processes
1- Plan Scope Management
2- Collect Requirements
3- Define the Scope
4- Create a Work Breakdown Structure
5- Validate the Scope
6- Control Scope
Project Schedule Management
1- Plan Schedule Management
2- Define Activities
3- Sequence Activities
4- Estimate activity durations
5- Develop a Schedule
6- Control Schedule
Project Cost Management
(Chapter 7th)
Plan Cost Management
Estimate Costs
Determine Budget
Control Costs
Quality in Project Management
Plan Quality Management
Manage Quality
Control Quality
Project Resources Management
Plan resource Management
Estimate activity resources
Acquire Resources
Develop Team
Manage Team
Control Resources
Project Communications Management
Plan, Manage Monitor
Project Risk Management
Plan Risk Management
Identify Risks
Perform Qualitative Risk Analysis
Perform Quantitative Risk Analysis
Plan Risk Responses
Implement Risk Responses
Monitor Risks
Project Procurement Management
Plan Procurement Management
Conduct Procurements
Control Procurements
Project Stakeholder Management
Identify Stakeholders
Plan Stakeholder Engagement
Manage Stakeholder Engagement
Monitor Stakeholder Engagement
Business Value Creation
Tangible: Monetary assets; Stockholder equity; Fixtures and Tools; Market Share
Intangible: Goodwill and Reputation; Brand Recognition; Public Benefit; Trademarks; Strategic Alignment
Why are Projects Created
1- Regulatory, Legal, or Social Requirements
2- Stakeholder Request
3- Technological Advances
4- Create, improve, or fix products, processes, or services
What is Project Management
Application of knowledge, skills, tools and techniques to meet the project requirements
49 PM Processes
5 Process Groups
- Initiating
- Planning
- Executing
- Monitoring and Controlling
- Closing
Project Management Life Cycle
IPECC
Initiation
Planning
Execution
Controlling
Closing
types of PMO
Supportive
Controlling
Directive