1 The class will Prepare you to take the PMP Exam Cover most of the required Classroom training hours
The class will not Make you an expert on Project Management Make you an expert Project Manager Serve as your only reference for the exam 2 Reference Material Chapter 6 PMBOK 5th Edition Chapter 6 PMP Exam Prep 8 th Edition 3 The approved project scope statement and its associated WBS and WBS dictionary form the scope baseline. Performance in meeting project scope goals is based on the scope baseline.
A work package is a task at the lowest level of the WBS. It represents the level of work that the project manager monitors and controls. You can think of work packages in terms of accountability and reporting. If a project has a relatively short time frame and requires weekly progress reports, a work package might represent work completed in one week or less. If a project has a very long time frame and requires quarterly progress reports, a work package might represent work completed in one month or more. A work package might also be the procurement of a specific product or products, such as an item purchased from an outside source.
Time Management includes the processes required to accomplish timely completion of the project. The Project Time Management process includes the following Define Activities Sequence Activities Estimate Activity Resources Estimate Activity Duration Develop Schedule Control Schedule 7 Mostly Used in the Planning Effort The main documents produced are an activity list and attributes, a milestone list, a network diagram, the activity resource requirements, the activity duration estimates, and a project schedule Dont Think About Software
9 Schedule Management Baseline to measure against Identification of performance measure Decide how schedule variance will be managed. Identification of schedule change control procedures.
10 Ensure that project team members have a complete understanding of all the work they must do as part of the project scope so that they can start scheduling the work. . Inputs Tools and Tech Outputs Enterprise Environmental Factors Scope Baseline Organizational process assets Decomposition Templates Rolling Wave Planning Expert Judgment
Activity List Activity Attributes Milestone List
11 Take the Work Packages Developed in the WBS and Break Them Down Further (Decompose) in Order to Reach the Activity Level. Activity: A Level Small Enough to Estimate, Schedule, Monitor, and Manage. Get the Activities Ready to be Sequenced. 12 Dont take Activity Definition Lightly Remember the Main Outputs: Activity List, Activity Attributes, Milestone List, and Requested Changes Rolling wave planning. Remember that Activity Definition Comes After the WBS is Developed 13 14 Identifying and Documenting dependencies among schedule activities. Inputs Tools and Tech Outputs Project Scope Statement Activity List Activity Attributes Milestone List Organizational Process Assets Precedence Diagramming Method (PDM) Dependency Determination Schedule Network Templates Applying Leads and Lags Project Schedule Network Diagrams Project document updates 15 Take the Activities and Sequence them into How the Work will be Performed Develop a Network Diagram which Shows Just Dependencies
16 Keys to Activity Sequencing What is the Sequence Identify all Dependencies Sequencing can be Performed with Software For the Test Forget About Software
17 Mandatory Dependencies (Hard Logic) Inherent in the Nature of the Work being Done Discretionary Dependency (Preferred or Soft Logic) Based on Experience, Desire, or Preferences External Dependency Based on the Needs and Desires of Parties Outside of the Project
18 Network Diagrams in the Pure Form Show Just Dependencies Sometimes Referred to as Network Logic Diagrams Shows how Tasks will Flow from the Start to the End of a Project
19
In the activity-on-arrow (AOA) approach, or the arrow diagramming method (ADM), activities are represented by arrows and connected at points called nodes to illustrate the sequence of activities; only show finish-to-start dependencies (most common type of dependency). Activity on Node(AON) or The precedence diagramming method (PDM) is a network diagramming technique in which boxes represent activities. These are more widely used as they can show all dependency types. 20 Boxes Represent Tasks and Arrows Show Dependencies Task C Cant Start Before Task B and D Finish Dummies Not Allowed 21 Task A Start Task D Task B Task C Task E Task F End Milestones Significant Events in a Project Schedule Leads Start an Activity Before the Predecessor Activity is Completed (code before design complete) Lag Inserted Waiting Time Between Activities (waiting for paint to dry) Requested Changes Network Diagrams Sometimes Expose Requested Changes Graphical Evaluation and Review Technique (GERT) A Network Diagram Drawing Method that Allows Loops (Design and Test) 23 24 GOAL: Estimating the type and quantities of resource required to perform each schedule activity Inputs Tools and Tech Outputs Enterprise Environmental Factors Organizational Process Assets Activity List Activity Attributes Resource Calendars Expert Judgment Alternatives Analysis Published Estimating Data Project Management Software Bottom-Up Estimating Activity Resource Requirements Resource Breakdown Structure (RBS) Project document updates 25 Resources Can be People, Equipment, Materials, Resources must be Planned and Coordinated to Avoid Resources from being Assigned other Work Consider Developing a Resource Breakdown Structure (RBS) Hierarchical Structure of the Identified Resources by Resource Category Crashing and Fast-Tracking which we will Cover Later
26 27 Estimating the number of work periods that will be needed to complete individual schedule activities Inputs Tools and Tech Outputs Enterprise Environmental Factors Organizational Process Assets Project Scope Statement Activity List Activity Attributes Activity resource requirements Resource Calendars
Expert Judgment Analogous Estimating Parametric Estimating Three-Point Estimating Reserve Analysis Activity Duration Estimates Project document updates 28 Once the type and quantity of resources needs are determined, the amount of work effort to complete the schedule activity needs to be estimated. 29 One-Time Estimate Analogous Estimate Parametric Estimation Regression Estimation Learning Curve Heuristics Three-Point Estimates Reserve Analysis
30 Always Have the People Doing the Work Provide the Estimates.
Evaluate One Activity at a Time Assume Normal Level of Labor and Equipment Assume Normal Work Week Disregard Contract Completion Date on First Cut
31 32 Analyzing activity sequences, durations, resource requirements, and schedule constraints to create the project schedule. Inputs Tools and Tech Outputs Organizational process assets Project scope statement Activity list Activity attributes Project Schedule Network Diagrams Activity Resources Requirements Resource Calendars Activity Duration Estimates Enterprise Environmental Factors Schedule Network Analysis Critical Path Method Schedule Compression What if scenario analysis Resource Leveling Critical Chain Method Adjusting leads and lags Scheduling Tool Project Schedule Schedule Baseline Schedule Data Project document updates 33 Project schedule development is an iterative process that determines planned start and finish dates for project activities. 34 An Understanding of the Work Required on the Project (Project Scope Statement) Defined Activities (WBS, WBS Dictionary, and Activity List The Order of How the Work will be done (Sequence Activities) An Estimate of the Resources Needed (Estimate Activity Resources) An Estimate of the Duration of Each Activity (Estimate Activity Duration)
35 Things to Remember Work with Stakeholders Priorities Look for Alternative ways to Complete the Work Look for Impacts on Other Projects Meet with Managers to Negotiate Resources Give the Team a Chance to Approve the Final Schedule Compress the Schedule (Crashing and Fast Tracking) 36 PERT Critical Path Method Schedule Compression What-If Scenario Analysis Resource Leveling 37 Memorize the Formulas
Formula Standard Deviation Variance (P+4M+O) 6 (P-O) 6 P-O 6 38 2 Determines the Longest Path in the Network Diagram Determines the Earliest and Latest an activity can start and the Latest it can be Completed Method Requires an Understanding of Critical Path, Near Critical Path, Float or Slack 39 Helps Prove how Long the Project will Take Helps the Project Manager Determine where Best to Focus their Project Management Efforts Helps Determine if an Issue Needs Immediate Attention Provides a Vehicle to Compress the Schedule During Project Planning and Whenever there are Changes Provides a Vehicle to Determine which Activities Have Float and can Therefore be Delayed without Delaying the Project 40 The Path Close in Duration to the Critical Path Something that Shortens the Critical Path could Lengthen the Near Critical Path and actually change the Near Critical Path to the Critical Path Manage to both the Critical Path and the Near Critical Path to Ensure the Project isnt Delayed
41 Must be Able to Calculate it Manually Total Float Amount of Time an Activity can be Delayed without Delaying the Project Free Float Amount of Time an Activity can be Delayed Without Delaying the Early Start Date of a Successor Project Float Amount of Time a Project can be Delayed without Delaying the Externally Imposed Deadline Committed to by the Project Sponsor
42 Extremely Useful Allows you to Focus your Management on the Project Helps Team Members Juggle Multiple Projects and Priorities
43 You Must Determine the Earliest and Latest an Activity can Start and the Latest Each Activity can be Finished Remember the Formula for Float or Slack: LS ES LF EF Early Figures Found by Calculating from the Beginning to End Forward Pass Late Figures Found by Calculating from the End to the Beginning - Backward Pass
44 Draw the Node and Insert Boxes in Each Corner as Shown Below: 45 Duration Float ES EF LS LF First Node in a Network Diagram has an Early start of 0 Work through the Network Diagram and the Critical Path from Start Until End
46 There Can be More than One Critical Path Multiple Critical Paths Increase Risk Critical Path can Change Should have Zero Float
47 Done during planning or Integrated Change Control Is Desired Completion Date Attainable? Helps Define Impacts to Time, Cost, Scope, and Risk Compress the Schedule without Changing Scope Techniques Fast Tracking Crashing
48 Doing Critical Path Activities in Parallel Results in Rework Increases Risk Increased Communication
49 Add Resources to Tasks on the Critical Path Costs More Adds Ambiguity Will Need to Train New Resources
50 What-If Scenario What if Things Change Monte Carlo Analysis Computer Simulates the Outcome of a Project using Pessimistic, Optimistic, and Most Likely Resource Leveling Used to Produce a Resource Limited Schedule Critical Chain Method Both Activity and Resource Dependencies 51 Milestone Charts Show Major Events and are Used for Management Review Project Schedule Shows the Activities and Sequence (Microsoft Project or Primavera Schedule) Gantt Charts Progress Reporting and Control
52 53 Controlling changes to the project schedule. Inputs Tools and Tech Outputs Project Management Plan Project Schedule Work performance information Organizational Process Assets
Performance Reviews Variance Analysis Project management software Resource Leveling What-if scenario analysis Adjusting leads and lags Schedule compression Scheduling tool Work Performance measurements Organizational process assets Change requests Project management Plan Updates Project document updates
54 Measures how the project is doing Implement Corrective and Preventive Action Make sure the baseline is met or if a need to re-baseline exists Variances analyzed and reported 55 How Much Work has Been Done Percent Complete 50/50 Rule 20/80 Rule 0/100 Rule 56 Questions Will Focus on the Following PERT Network Diagramming CPM Reporting Interactions with other processes 57