Chapter 3 & 4
Cost forecasts
Based on the project's past performance, the cost forecasts are used to determine if the project is within defined tolerance ranges for budget and to identify any necessary change requests. A Guide to the Project Management Body of Knowledge (PMBOK® Guide)-Sixth Edition (p. 108). Project Management Institute. Kindle Edition.
Basis of estimates
Basis of estimates indicates how the various estimates were derived and can be used to make a decision on how to respond to variances. A Guide to the Project Management Body of Knowledge (PMBOK® Guide)-Sixth Edition (p. 108). Project Management Institute. Kindle Edition.
Alternatives analysis
Alternatives analysis is used to select the corrective actions or a combination of corrective and preventive actions to implement when a deviation occurs. A Guide to the Project Management Body of Knowledge (PMBOK® Guide)-Sixth Edition (p. 111). Project Management Institute. Kindle Edition.
Project Documents include
Change log lessons learned register Milestone list Project communications Project schedule traceability matrix risk register risk report
Earned value analysis
Earned value provides an integrated perspective on scope, schedule, and cost performance. A Guide to the Project Management Body of Knowledge (PMBOK® Guide)-Sixth Edition (p. 111). Project Management Institute. Kindle Edition.
How do you make a change to the documents or projects?
Project change request and is reviewed by the project manager or change control board
Stakeholder register
The stakeholder register contains details about the identified stakeholders to help understand the knowledge they may have. A Guide to the Project Management Body of Knowledge (PMBOK® Guide)-Sixth Edition (p. 101). Project Management Institute. Kindle Edition.
Change request may include
Corrective action Preventative action Defect repair Updates
Cost benefit analysis
Cost-benefit analysis helps to determine the best corrective action in terms of cost in case of project deviations. A Guide to the Project Management Body of Knowledge (PMBOK® Guide)-Sixth Edition (p. 111). Project Management Institute. Kindle Edition.
what is a business case and why is it requested
It is an input to charter and can be due to market demand, customer request, organizational need, legal requirement, ect.
Leadership styles are?
Laissez-faire (e.g., allowing the team to make their own decisions and establish their own goals, also referred to as taking a hands-off style); Transactional (e.g., focus on goals, feedback, and accomplishment to determine rewards; management by exception); Servant leader (e.g., demonstrates commitment to serve and put other people first; focuses on other people's growth, learning, development, autonomy, and well-being; concentrates on relationships, community and collaboration; leadership is secondary and emerges after service); Transformational (e.g., empowering followers through idealized attributes and behaviors, inspirational motivation, encouragement for innovation and creativity, and individual consideration); Charismatic (e.g., able to inspire; is high-energy, enthusiastic, self-confident; holds strong convictions); and Interactional (e.g., a combination of transactional, transformational, and charismatic). A Guide to the Project Management Body of Knowledge (PMBOK® Guide)-Sixth Edition (p. 65). Project Management Institute. Kindle Edition.
Operations manger role
Operations managers are responsible for ensuring that business operations are efficient. A Guide to the Project Management Body of Knowledge (PMBOK® Guide)-Sixth Edition (p. 52). Project Management Institute. Kindle Edition.
Project team assignments
Project team assignments provide information on the type of competencies and experience available in the project and the knowledge that may be missing. A Guide to the Project Management Body of Knowledge (PMBOK® Guide)-Sixth Edition (p. 101). Project Management Institute. Kindle Edition.
Root cause analysis
Root cause analysis focuses on identifying the main reasons of a problem. It can be used to identify the reasons for a deviation and the areas the project manager should focus on in order to achieve the objectives of the project. A Guide to the Project Management Body of Knowledge (PMBOK® Guide)-Sixth Edition (p. 111). Project Management Institute. Kindle Edition.
PM triangle is
Technical project management. The knowledge, skills, and behaviors related to specific domains of project, program, and portfolio management. The technical aspects of performing one's role. Leadership. The knowledge, skills, and behaviors needed to guide, motivate, and direct a team, to help an organization achieve its business goals. Strategic and business management. The knowledge of and expertise in the industry and organization that enhances performance and better delivers business outcomes. A Guide to the Project Management Body of Knowledge (PMBOK® Guide)-Sixth Edition (p. 56). Project Management Institute. Kindle Edition.
Issue Log
The issue log is used to document and monitor who is responsible for resolving specific issues by a target date. A Guide to the Project Management Body of Knowledge (PMBOK® Guide)-Sixth Edition (p. 108). Project Management Institute. Kindle Edition.
Lessons learned register
The lessons learned register provides information on effective practices in knowledge management. A Guide to the Project Management Body of Knowledge (PMBOK® Guide)-Sixth Edition (p. 101). Project Management Institute. Kindle Edition.
Milestone list
The milestone list shows the scheduled dates for specific milestones and is used to check if the planned milestones have been met. A Guide to the Project Management Body of Knowledge (PMBOK® Guide)-Sixth Edition (p. 108). Project Management Institute. Kindle Edition.
what authority does the project charter give the PM
The project charter provides the project manager with the authority to plan, execute, and control the project. A Guide to the Project Management Body of Knowledge (PMBOK® Guide)-Sixth Edition (p. 77). Project Management Institute. Kindle Edition.
Project manager role
The project manager is the person assigned by the performing organization to lead the team that is responsible for achieving the project objectives. A Guide to the Project Management Body of Knowledge (PMBOK® Guide)-Sixth Edition (p. 52). Project Management Institute. Kindle Edition.
Quality reports
The quality report includes quality management issues; recommendations for process, project, and product improvements; corrective actions recommendations (includes rework, defect/bugs repair, 100% inspection, and more); and the summary of findings from the Control Quality process. A Guide to the Project Management Body of Knowledge (PMBOK® Guide)-Sixth Edition (p. 108). Project Management Institute. Kindle Edition.
Resource breakdown strcuture
The resource breakdown structure includes information on the composition of the team and may help to understand what knowledge is available as a group and what knowledge is missing. A Guide to the Project Management Body of Knowledge (PMBOK® Guide)-Sixth Edition (p. 101). Project Management Institute. Kindle Edition.
Trend analysis
Trend analysis is used to forecast future performance based on past results. A Guide to the Project Management Body of Knowledge (PMBOK® Guide)-Sixth Edition (p. 111). Project Management Institute. Kindle Edition.
Variance analysis
Variance analysis reviews the differences (or variance) between planned and actual performance. A Guide to the Project Management Body of Knowledge (PMBOK® Guide)-Sixth Edition (p. 111). Project Management Institute. Kindle Edition.
Functional Manager role
the functional manager focuses on providing management oversight for a functional or business unit. A Guide to the Project Management Body of Knowledge (PMBOK® Guide)-Sixth Edition (p. 52). Project Management Institute. Kindle Edition.