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PMBOK - Edition 5 PMP Exam Prep Chapter 3 Project Processes Project Management Body of Knowledge
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Chapter 3 Project Processes - Project Risk Coachprojectriskcoach.com/wp-content/uploads/2015/01/PMBOK.Chp-3.pdf · PMBOK - Edition 5 PMP Exam Prep Chapter 3 Project Processes Project

Apr 30, 2018

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Page 1: Chapter 3 Project Processes - Project Risk Coachprojectriskcoach.com/wp-content/uploads/2015/01/PMBOK.Chp-3.pdf · PMBOK - Edition 5 PMP Exam Prep Chapter 3 Project Processes Project

PMBOK - Edition 5

PMP Exam Prep

Chapter 3Project Processes

Project Management Body of

Knowledge

Page 2: Chapter 3 Project Processes - Project Risk Coachprojectriskcoach.com/wp-content/uploads/2015/01/PMBOK.Chp-3.pdf · PMBOK - Edition 5 PMP Exam Prep Chapter 3 Project Processes Project

PMBOK• Chapter 1 - Introduction

• Chapter 2 - Organizational Influences & Life Cycles

• Chapter 3 - Project Processes

Page 3: Chapter 3 Project Processes - Project Risk Coachprojectriskcoach.com/wp-content/uploads/2015/01/PMBOK.Chp-3.pdf · PMBOK - Edition 5 PMP Exam Prep Chapter 3 Project Processes Project

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?

Page 4: Chapter 3 Project Processes - Project Risk Coachprojectriskcoach.com/wp-content/uploads/2015/01/PMBOK.Chp-3.pdf · PMBOK - Edition 5 PMP Exam Prep Chapter 3 Project Processes Project

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

Page 5: Chapter 3 Project Processes - Project Risk Coachprojectriskcoach.com/wp-content/uploads/2015/01/PMBOK.Chp-3.pdf · PMBOK - Edition 5 PMP Exam Prep Chapter 3 Project Processes Project

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

Page 6: Chapter 3 Project Processes - Project Risk Coachprojectriskcoach.com/wp-content/uploads/2015/01/PMBOK.Chp-3.pdf · PMBOK - Edition 5 PMP Exam Prep Chapter 3 Project Processes 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

Page 7: Chapter 3 Project Processes - Project Risk Coachprojectriskcoach.com/wp-content/uploads/2015/01/PMBOK.Chp-3.pdf · PMBOK - Edition 5 PMP Exam Prep Chapter 3 Project Processes 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

Page 8: Chapter 3 Project Processes - Project Risk Coachprojectriskcoach.com/wp-content/uploads/2015/01/PMBOK.Chp-3.pdf · PMBOK - Edition 5 PMP Exam Prep Chapter 3 Project Processes Project

PMBOK - Edition 5

Chapter 2 Review

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

Page 9: Chapter 3 Project Processes - Project Risk Coachprojectriskcoach.com/wp-content/uploads/2015/01/PMBOK.Chp-3.pdf · PMBOK - Edition 5 PMP Exam Prep Chapter 3 Project Processes Project

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

Page 10: Chapter 3 Project Processes - Project Risk Coachprojectriskcoach.com/wp-content/uploads/2015/01/PMBOK.Chp-3.pdf · PMBOK - Edition 5 PMP Exam Prep Chapter 3 Project Processes Project

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

Page 11: Chapter 3 Project Processes - Project Risk Coachprojectriskcoach.com/wp-content/uploads/2015/01/PMBOK.Chp-3.pdf · PMBOK - Edition 5 PMP Exam Prep Chapter 3 Project Processes Project

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

Page 12: Chapter 3 Project Processes - Project Risk Coachprojectriskcoach.com/wp-content/uploads/2015/01/PMBOK.Chp-3.pdf · PMBOK - Edition 5 PMP Exam Prep Chapter 3 Project Processes Project

PMBOK - Edition 5

Chapter 2 ReviewProject stakeholders may be:

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

Page 13: Chapter 3 Project Processes - Project Risk Coachprojectriskcoach.com/wp-content/uploads/2015/01/PMBOK.Chp-3.pdf · PMBOK - Edition 5 PMP Exam Prep Chapter 3 Project Processes Project

PMBOK - Edition 5

Chapter 2 ReviewProject stakeholders may be:

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

Page 14: Chapter 3 Project Processes - Project Risk Coachprojectriskcoach.com/wp-content/uploads/2015/01/PMBOK.Chp-3.pdf · PMBOK - Edition 5 PMP Exam Prep Chapter 3 Project Processes Project

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

Page 15: Chapter 3 Project Processes - Project Risk Coachprojectriskcoach.com/wp-content/uploads/2015/01/PMBOK.Chp-3.pdf · PMBOK - Edition 5 PMP Exam Prep Chapter 3 Project Processes Project

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

Page 16: Chapter 3 Project Processes - Project Risk Coachprojectriskcoach.com/wp-content/uploads/2015/01/PMBOK.Chp-3.pdf · PMBOK - Edition 5 PMP Exam Prep Chapter 3 Project Processes Project

What is a Process?

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

Page 17: Chapter 3 Project Processes - Project Risk Coachprojectriskcoach.com/wp-content/uploads/2015/01/PMBOK.Chp-3.pdf · PMBOK - Edition 5 PMP Exam Prep Chapter 3 Project Processes Project

PMBOK - Edition 5

Process Groups• Initiating

• Planning

• Executing

• Monitoring & Control

• Closing

Page 18: Chapter 3 Project Processes - Project Risk Coachprojectriskcoach.com/wp-content/uploads/2015/01/PMBOK.Chp-3.pdf · PMBOK - Edition 5 PMP Exam Prep Chapter 3 Project Processes Project

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

Page 19: Chapter 3 Project Processes - Project Risk Coachprojectriskcoach.com/wp-content/uploads/2015/01/PMBOK.Chp-3.pdf · PMBOK - Edition 5 PMP Exam Prep Chapter 3 Project Processes Project

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

Page 20: Chapter 3 Project Processes - Project Risk Coachprojectriskcoach.com/wp-content/uploads/2015/01/PMBOK.Chp-3.pdf · PMBOK - Edition 5 PMP Exam Prep Chapter 3 Project Processes Project

PMBOK - Edition 5

Project Plan

Page 21: Chapter 3 Project Processes - Project Risk Coachprojectriskcoach.com/wp-content/uploads/2015/01/PMBOK.Chp-3.pdf · PMBOK - Edition 5 PMP Exam Prep Chapter 3 Project Processes Project

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

Page 22: Chapter 3 Project Processes - Project Risk Coachprojectriskcoach.com/wp-content/uploads/2015/01/PMBOK.Chp-3.pdf · PMBOK - Edition 5 PMP Exam Prep Chapter 3 Project Processes Project

PMBOK - Edition 5

PlanningWho should be involved?

Page 23: Chapter 3 Project Processes - Project Risk Coachprojectriskcoach.com/wp-content/uploads/2015/01/PMBOK.Chp-3.pdf · PMBOK - Edition 5 PMP Exam Prep Chapter 3 Project Processes Project

PMBOK - Edition 5

PlanningWho should be involved? All stakeholders

Page 24: Chapter 3 Project Processes - Project Risk Coachprojectriskcoach.com/wp-content/uploads/2015/01/PMBOK.Chp-3.pdf · PMBOK - Edition 5 PMP Exam Prep Chapter 3 Project Processes Project

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

Page 25: Chapter 3 Project Processes - Project Risk Coachprojectriskcoach.com/wp-content/uploads/2015/01/PMBOK.Chp-3.pdf · PMBOK - Edition 5 PMP Exam Prep Chapter 3 Project Processes Project

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

Page 26: Chapter 3 Project Processes - Project Risk Coachprojectriskcoach.com/wp-content/uploads/2015/01/PMBOK.Chp-3.pdf · PMBOK - Edition 5 PMP Exam Prep Chapter 3 Project Processes Project

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

Page 27: Chapter 3 Project Processes - Project Risk Coachprojectriskcoach.com/wp-content/uploads/2015/01/PMBOK.Chp-3.pdf · PMBOK - Edition 5 PMP Exam Prep Chapter 3 Project Processes Project

5 Process Group

10 Knowledge Areas

47 Processes

PMBOK - Edition 5

Page 28: Chapter 3 Project Processes - Project Risk Coachprojectriskcoach.com/wp-content/uploads/2015/01/PMBOK.Chp-3.pdf · PMBOK - Edition 5 PMP Exam Prep Chapter 3 Project Processes Project

I-TT-O

PMBOK - Edition 5

Page 29: Chapter 3 Project Processes - Project Risk Coachprojectriskcoach.com/wp-content/uploads/2015/01/PMBOK.Chp-3.pdf · PMBOK - Edition 5 PMP Exam Prep Chapter 3 Project Processes Project

PMBOK - Edition 5

Business Case Project Business

Results

Page 30: Chapter 3 Project Processes - Project Risk Coachprojectriskcoach.com/wp-content/uploads/2015/01/PMBOK.Chp-3.pdf · PMBOK - Edition 5 PMP Exam Prep Chapter 3 Project Processes Project

PMBOK - Edition 5

Business Case Project Business

Results

Page 31: Chapter 3 Project Processes - Project Risk Coachprojectriskcoach.com/wp-content/uploads/2015/01/PMBOK.Chp-3.pdf · PMBOK - Edition 5 PMP Exam Prep Chapter 3 Project Processes Project

Next Week Chapter 4

Project Integration Management