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Chapter 3 Project Processes - Project Risk C · PDF filePMBOK - Edition 5 PMP Exam Prep Chapter 3 Project Processes Project Management Body of Knowledge

Apr 30, 2018

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  • PMBOK - Edition 5

    PMP Exam Prep

    Chapter 3Project Processes

    Project Management Body of

    Knowledge

  • PMBOK Chapter 1 - Introduction

    Chapter 2 - Organizational Influences & Life Cycles

    Chapter 3 - Project Processes

  • PMBOK - Edition 5

    Chapter 3 What are the 5 process groups?

    What is a process?

    What occurs in each process group?

    What are the 10 knowledge areas?

  • PMBOK - Edition 5

    Chapter 2 ReviewWho has the most power in a projectized organization?

    A. The project team B. The person funding the project C. The project manager D. The functional manager

  • PMBOK - Edition 5

    Chapter 2 ReviewWho has the most power in a projectized organization?

    A. The project team B. The person funding the project C. The project manager D. The functional manager

  • PMBOK - Edition 5

    Chapter 2 ReviewWhen is the risk exposure greatest in a project?

    A. In the beginning of the project B. During execution C. Towards the end of the project D. Remains about the same throughout the

    project

  • PMBOK - Edition 5

    Chapter 2 ReviewWhen is the risk exposure greatest in a project?

    A. In the beginning of the project B. During execution C. Towards the end of the project D. Remains about the same throughout the

    project

  • PMBOK - Edition 5

    Chapter 2 Review

    What is a primary problem for team members in a matrix project structure?

  • PMBOK - Edition 5

    Chapter 2 Review

    What is a primary problem for team members in a matrix project structure?

    Each team member has two bosses

  • PMBOK - Edition 5

    Chapter 2 ReviewThe person who provides resources and support for the project is:

    A. Senior manager B. Functional manager C. Project manager D. Sponsor

  • PMBOK - Edition 5

    Chapter 2 ReviewThe person who provides resources and support for the project is:

    A. Senior manager B. Functional manager C. Project manager D. Sponsor

  • PMBOK - Edition 5

    Chapter 2 ReviewProject stakeholders may be:

    A. An individual B. A group C. An organization D. All of the above

  • PMBOK - Edition 5

    Chapter 2 ReviewProject stakeholders may be:

    A. An individual B. A group C. An organization D. All of the above

  • PMBOK - Edition 5

    Chapter 2 ReviewConditions, not under control of the project team, that influence, constrain, or direct the project are:

    A. Issues B. Defects C. Enterprise Environmental Factors D. Organizational Process Assets

  • PMBOK - Edition 5

    Chapter 2 ReviewConditions, not under control of the project team, that influence, constrain, or direct the project are:

    A. Issues B. Defects C. Enterprise Environmental Factors D. Organizational Process Assets

  • What is a Process?

    A set of interrelated actions and activities performed to create a pre-defined product, service, or result.

  • PMBOK - Edition 5

    Process Groups Initiating

    Planning

    Executing

    Monitoring & Control

    Closing

  • PMBOK - Edition 5

    Initiating Formally recognize the need for the project

    Project is authorized

    Project manger should be assigned

    Key deliverables Project Charter Stakeholder Analysis

    Charter

  • PMBOK - Edition 5

    Planning Develop the course of action Develop project plan Define total scope of the project Define and refine project objectives Explore scope, time, cost, quality,

    communications, human resources, risks, procurements, and stakeholders

    Great opportunity to save resources, time, and money

  • PMBOK - Edition 5

    Project Plan

  • PMBOK - Edition 5

    Project Plan Communications Plan

    Risk Management Plan

    Time Management Plan

    Cost Management Plan

    Procurement Management Plan

    Human Resource Management Plan

    Quality Management Plan

  • PMBOK - Edition 5

    PlanningWho should be involved?

  • PMBOK - Edition 5

    PlanningWho should be involved? All stakeholders

  • PMBOK - Edition 5

    Executing Complete the work

    Build the deliverables

    Satisfy the requirements

    Large portion of the budget is expended

    Results in planning updates and rebaselining

    Project manager guides using the project plan

  • PMBOK - Edition 5

    Monitoring & Controlling Track, review, and orchestrate the progress and

    performance

    Measure the performance against the plan

    Control changes (Change Control)

    Take preventive and corrective actions

  • PMBOK - Edition 5

    Closing Obtain acceptance

    Conduct post reviews

    Document lessons learned

    Archive project documentation

    Update organizational process assets

    Close out procurement activities

    Evaluate and release team members

  • 5 Process Group

    10 Knowledge Areas

    47 Processes

    PMBOK - Edition 5

  • I-TT-O

    PMBOK - Edition 5

  • PMBOK - Edition 5

    Business Case Project

    Business Results

  • PMBOK - Edition 5

    Business Case Project

    Business Results

  • Next Week Chapter 4

    Project Integration Management

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