Time Management – Part 2

Table Of ContentsProject Time Management IIEstimating Activity ResourcesInputs of Estimating Activity ResourcesActivity cost estimatesResource calendarsTools and Techniques of Estimating Activity ResourcesOutputs of Estimating Activity ResourcesTools and Techniques of Estimating Activity DurationsInputs of Develop ScheduleOutputs of Develop ScheduleOutputs of Control Schedule Project Time Management II This is in continuation of the article Project Time management I .This article will cover the remaining processes of this knowledge area. Estimating Activity Resources The term resources do not mean just people; it means all the physical resources required to complete the project. Input Tools & Techniques Output Schedule Management Plan Project Charter Activity list …

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Integration Management – Part 2

Hello, we are into the second article on Project Integration management. We have covered Develop Project Charter, Develop Project Management Plan and Direct and Manage project work processes in our first article and we will be covering the remaining three processes now. First in remaining 3 is Monitor and Control Project work. When the work has started to achieve the business goals under ever changing market and business conditions, when there are change requests expected due to changing conditions it is by default that we need to monitor the work and the way it is being carried out. In the …

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Integration Management – Part 1

Hello Folks! We are here today to integrate. Integrate! What is there to integrate? Without even knowing what is there to integrate, we can understand that we need to have more thanone parts or functions to integrate. More than one parts or functions of the same system, or more than one parts which are functional individually, but final goal is achievable only when each individual partand its outcome are integrated. Hoof, what are we speaking about here? What else? It is project management we are speaking about. C’mon what is there to integrate in project management? Yes, there is a …

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Closing

Table Of ContentsClosing Process groupActivities under closing process groups areProcesses under closing process group:Close Project / Close Phase Process groupClose Procurement Closing Process group The closing process consists of those processes which performed to conclude all activities across all project management process groups to formally complete the project or phase. Activities under closing process groups are Confirm all project requirements are met Obtain formal acceptance of product from customer The end-product is verifies against the agreed scope Performance reviews of the project including the management of risks and issues, any corrective actions that need to be taken The project management plan must …

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Monitoring & Controlling

Table Of ContentsMonitoring and Controlling Process groupThe Monitoring and Controlling Process Group also includesProcesses under Monitoring and Controlling Process group:Monitor and Control Project WorkPerform integrated change control systemValidate ScopeControl ScopeControl ScheduleControl CostControl QualityControl CommunicationControl RiskControl ProcurementsControl Stakeholder Management Monitoring and Controlling Process group The Monitoring and Controlling Process Group consists of those processes which required tracking, reviewing, and regulating the progress and performance of the project. We can identify any areas in which changes to the plan are required and initiate the corresponding changes. The key benefit of this Process Group is that project performance is observed and measured regularly …

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Execution

The executing process group consists of those processes, which used to perform to complete the work defined in the project management plan to satisfy the project expectations. Executing process group integrates people and resources to carry out the project management plan for the project. Execute activities in the project plan Procure required project resources Complete work packages Document lesson learned Implement approved changes, corrective and preventive actions Ensure processes are followed Hold team building activities and boost morale and efficiency Manage resource allocation and utilization Hold progress review meetings and distributes progress reports. Keep everyone focused on the project goal. …

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Planning

Table Of ContentsPlanning process groupObjective of planning process groupProcess comes under planning process groupDevelop Project Management PlanPlan Scope managementCollect RequirementDefine ScopeCreate WBSPlan Schedule ManagementDefine ActivitiesSequence ActivitiesEstimate Activity ResourcesEstimate Activity DurationDevelop SchedulePlan Cost ManagementEstimate CostDetermine BudgetPlan Quality ManagementPlan Human Resource ManagementPlan Communication ManagementPlan Risk ManagementIdentify RiskPerform Qualitative Risk AnalysisPerform Quantitative Risk AnalysisPlan Risk ResponsePlan Procurement ManagementPlan Stakeholder Management Planning process group The planning process group is the process where the project manager, project team decides what is required, when it required, how it required, who will do that, how much money needs, how much time needed and so on. All these …

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Initiation

Table Of ContentsProject Management ProcessesPMBOK5 Guide describe the nature of PM Processes in terms ofPM Process are grouped in five categoriesInitiating Process GroupMain objectives of the initiation process group.Project Managers Activities in Initiation Process groupDevelop Project Charter: Project Management Processes Project management is the application of knowledge, skills, tools and techniques to project activities to meet the project requirements. This application of knowledge requires the effective management of the project management processes. PMBOK5 Guide describe the nature of PM Processes in terms of Integration between the processes Their interactions Purpose they serve PM Process are grouped in five categories Initiation …

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Enterprise Environmental Factors and Their Influence

Enterprise Environmental Factors The enterprise environmental factors are related to the environment internal or external to the performing organizations and can potentially impact the project. They may originate from within the performing organization, from any external organization participating in the project, or from both. These factors may have positive or negative influence on the project, and some of these factors may give rise to constraints for the project. These factors refer to conditions which are not under the control of the project team and that influence constraints or direct the project. EEF mostly used input in planning process group. E.E.F …

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Organizational Process

Organizational process assets Organizational process assets tell you about how your company normally runs its projects. There is a famous saying “Why re-invent the wheel”. The saying is quite self-explanatory, if there is something already in place, you do not need to create it again. e.g.: If your organizations have already a template of a project management plan from exactly the same kind of project that they have done a while back. Is it wise to use the template and alter it according to your project or create a new one? The project manager and project management team extensively use …

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