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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
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
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PlanningWho should be involved?
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PlanningWho should be involved? All stakeholders
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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
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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
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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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