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    PMP Exam Preparation Course

    Welcome to PMP Exam PreparationWelcome to PMP Exam PreparationIntroductionIntroduction

    Madras Management Training W.L.L Email: [email protected] www.mmt-institute.com 2008 All Rights Reserved

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    General Information

    Parking

    Refreshment

    No-Smoking

    Copyrighted Slides

    Key Contact Details

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    Trainer:

    Support:

    Suggestions & Complaints:

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    PMP Exam Preparation Course

    Project Management Institute

    u ng ro ess ona n ro ec anagemen

    Project Management Institute

    Established in 1969 and headquartered outside Philadelphia, Pennsylvania

    USA ,the Project Management Institute (PMI) is the worlds leading non-for-

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    project management professional association with over 200,000 members

    and 180,000 PMPs worldwide.

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    PMP Exam Preparation Course

    PMP EXAM???????

    1) How should I apply?

    I am

    Confused

    2) I dont know If I am eligible?

    3) What kind of questions we get in exams?

    4) My friends told me it is really tough?

    5) I am from a construction industry and there are people from IT in

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    my class how will put learnings back to my work place

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    PMP Exam Preparation Course

    Training & Exam Details

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    PMP Exam Preparation Course

    Types of Questions

    Questions with two or more right answers

    Questions with extraneous information

    Out of the blue questions

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    Questions where understanding is important

    Questions with new approach to known topic.

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    Ground rules for this training program

    Tolerance Limit - 10 Minutes / 80% of the class strength

    Interactive Class

    Everyone has to participate

    No Criticism

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    Bring Highlighter

    Keep an open mind & do not always link the concepts with your job

    Should complete the given exam in the class/by next class

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    PMP Exam Preparation Course

    The Project Management FrameworkThe Project Management Framework

    Section ISection I

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    The Project Management Framework

    Chapter 1 Introduction

    Chapter 2 Project Life Cycle and Organization

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    PMP Exam Preparation Course

    The Project Management Framework

    CHAPTER 1

    Introduction

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    PMP Exam Preparation Course

    Session Objective

    Understand the growing need for better project management

    Ex lain what a ro ect is rovide exam les of ro ects list various attributes of

    projects, and describe the triple constraint of projects

    Describe project management and discuss key elements of the project managementframework, including project stakeholders, the project management knowledge areas,

    common tools and techniques, and project success Discuss the relationship between project, program, and portfolio management and

    the contributions they each make to enterprise success

    Understand the role of the project manager by describing what project managers do,

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    ,project managers

    Describe the project management profession, including its history, the role ofprofessional organizations like the Project Management Institute, the importance ofcertification and ethics, and the advancement of project management software

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    Introduction

    Many organizations today have a new or renewed interest in

    .

    The U.S. spends $2.3 trillion on projects every year, or one-quarter of its gross

    domestic product, and the world as a whole spends nearly $10 trillion of its

    $40.7 gross product on projects of all kinds.*

    In 2003, the average senior project manager in the U.S. earned almost

    $90,000 per year, and the average project management office director earned

    **

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    , . , .

    Project management certification is popular worldwide

    *PMI, Inc., The PMI Project Management Fact Book, Second Edition, 2001.

    **PMI, Inc.,Project Management Salary Survey, Third Edition, 2003.

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    Introduction

    Trying to manage a project without

    project management is like trying to

    play a football game without a game

    plan.

    K. Tate

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    Advantages of Using Formal Project Management

    Better control of financial, physical, and human resources

    Improved customer relations

    Shorter development times

    Lower costs Higher quality and increased reliability

    Higher profit margins

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    mprove pro uc v y

    Better internal coordination

    Higher worker morale (less stress)

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    1.1 What is a Project ?

    Pro ect is a tem orar endeavor undertaken to create a uni ue

    product, service, or result.

    Temporary endeavor with a beginning and an end.

    Creates unique product, service or result.

    Is Progressively Elaborated.

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    Distinguishing characteristics of each unique project will be

    progressively detailed as the project is better understood.

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    Project Attributes

    A project:

    Has a unique purpose

    Is temporary

    Is developed using progressive elaboration

    Requires resources, often from various areas

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    The project sponsorusually provides the direction and fundingfor the project

    Involves uncertainty

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    1.2 Project vs. Operational Work

    ProjectsOperations

    o a a n s o ec ves an erm na e

    Create own character, organization, and goals

    Catalyst for change

    Unique product or services

    Heterogeneous teams Start and end date

    Producing a News letter

    Examples

    Semi permanent charter, organization,

    and goals

    Maintain status quo

    Standard product or services

    Homogeneous teams

    Ongoing

    Responding to customers requestsExamples

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    Writing and publishing a book

    Implementing a LAN

    Hiring a sales man

    Arrange for a conference

    Opening for a new shop

    Producing the annual report

    Writing a letter to a Prospect

    Hooking up a Printer to a computer

    Meeting with an employee

    Attending a conference

    Opening the shop

    Writing a progress update memo

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    1.3 Projects and Strategic Planning

    Projects are means of organizing activities that cannot be addressedwithin the organizations normal operational limits.

    Projects are typically authorized as a result of one or more of thefollowing strategic considerations:

    A Market Demand & Organizational Need

    A Customer Request

    A Technological Advancement

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    A Legal Requirement

    Ecological Impacts

    Social need

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    1.4 What is Project Management?

    The application of knowledge, skills, tools and technique to project

    activities to meet project requirements

    Project Management is accomplished through the application and

    integration of the processes such as Initiating

    Planning

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    Executing

    Monitoring and Controlling

    Closing

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    Managing Project

    The Project Manager is the person responsible for accomplishing theproject objectives.

    Managing a project includes:

    Identifying requirements.

    Establishing clear and achievable objectives.

    Balancing the competing demand of quality, scope, time and cost.

    Ada tin the s ecifications lans and a roach to the different concerns and

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    expectations of the various stakeholders.

    Project managers strive to meet the triple constraintby balancingproject scope, time, and cost goals

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    Triple Constraints

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    The Triple Constraint

    Ever ro ect is constrained in different wa s b its:

    Scope: What work will be done as part of the project? Whatunique product, service, or result does the customer or sponsorexpect from the project?

    Time: How long should it take to complete the project? What isthe projects schedule?

    Cost: What should it cost to complete the project? What is the

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    It is the project managers duty to balance these three oftencompeting goals.

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    More on the Triple Constraint

    It may be good enough to hit the target, or range of triple

    cons ra n goa s, u no e u s-eye.

    Its important to determine which aspects of the triple constraint

    are the most important.

    The quadruple constraint includes quality as well as scope,

    time, and cost.

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    Project Management Framework

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    Project Management Knowledge Areas

    .

    Project scope managementinvolves defining and managing all the work required

    to complete the project successfully.

    Project time managementincludes estimating how long it will take to complete thework, developing an acceptable project schedule, and ensuring timely completion

    of the project.

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    project.

    Project quality managementensures that the project will satisfy the stated or

    implied needs for which it was undertaken.

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    Project Management Knowledge Areas

    (continued) Four facilitatin knowled e areas are the means throu h which the

    project objectives are achieved.

    Project human resource managementis concerned with making effective useof the people involved with the project.

    Project communications managementinvolves generating, collecting,disseminating, and storing project information.

    Project risk managementincludes identifying, analyzing, and responding torisks related to the project.

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    Project procurement managementinvolves acquiring or procuring goods andservices for a project from outside the performing organization.

    One knowledge area (project integration management) affects and isaffected by all of the other knowledge areas.

    All knowledge areas are important!

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    Project Management Tools and Techniques

    and their teams in various aspects of project management.

    Note that a tool or technique is more than just a software package.

    Specific tools and techniques include:

    Project charters, scope statements, and WBS (scope)

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    Gantt charts, network diagrams, critical path analyses (time)

    Net present value, cost estimates, and earned value management (cost)

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    Super Tools

    Super tools are those tools that have high use and highpotential for improving project success, such as:

    Software for task scheduling (such as project management software)

    Scope statements

    Requirements analyses

    Lessons-learned reports

    Tools already extensively used that have been found to

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    Progress reports

    Kick-off meetings

    Gantt charts

    Change requests

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    Why the Improvements?

    . ,

    average cost of a project has been more than cut in half. Better tools

    have been created to monitor and control progress andbetter

    skilled project managers with better management processes arebeing used. The fact that there are processes is significant in itself.*

    *The Standish Group, CHAOS 2001: A Recipe for Success (2001).

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    Project Success

    There are different wa s to define ro ect success:

    The project met scope, time, and cost goals.

    The project satisfied the customer/sponsor.

    The project produced the desired results.

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    Relationships Among Project Management, Program

    Management and Portfolio Management

    rogram anagemen

    Portfolio Management

    Projects and Strategic Planning

    Project Management Office

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    What is a Program?

    A program is:

    a group of related projects managed in a coordinated way to obtain

    benefits and control not available from managing them individually.*

    A program managerprovides leadership and direction for the project

    managers heading the projects within the program.

    ADVANTAGES

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    Decreased risk

    Economies of Scale

    Improved Management

    *Project Management Institute, Inc.,A Guide to the Project Management Body of Knowledge (PMBOK Guide) (2004), p. 8.

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    Portfolios and Portfolio Management

    A portfolio is a collection of projects or programs and other

    work that are grouped together to facilitate effective

    management of that work to meet strategic business

    objectives.

    Portfolio managers help their organizations make wise

    investment decisions by helping to select and analyze

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    projects from a strategic perspective

    The projects or programs in the portfolio may not

    necessarily be interdependent or directly related.

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    Project Management Compared to Project Portfolio

    Management

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    Projects Programs PortfoliosScope Projects have defined Have a larger scope and Portfolios have a

    Comparative Overview of Project, Program , and Portfolio Management

    o ect ves. cope s

    progressively elaborated

    throughout the life cycle

    prov e more s gn cant

    benefits

    us ness scope t at

    changes with the

    strategic goals of the org

    Change Project managers expectchange and implement

    processes to keep

    change managed and

    controlled

    The program managermust expect change

    from inside and outside

    the program and be

    prepared to manage it

    Portfolio managerscontinually monitor

    changes in the broad

    environment

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    Planning Project manages

    progressively elaborate

    high level information

    into detailed plans

    throughout the project

    life cycle

    Program managers

    develop the overall

    program plan and create

    high level plans to guide

    detailed planning at the

    end of the component

    level

    Portfolio manages create

    and maintain necessary

    processes and

    communication relative

    to the aggregate portfolio

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    Projects Programs Portfolios

    Management Project managersmanage the project team

    to meet the project

    Program managersmanage the program staff

    and the project managers

    Portfolio managers maymanage or coordinate

    portfolio management

    objectives

    ; they provide vision and

    overall leadership

    staff

    Success Success is measured by

    product and project

    quality , timelines ,

    budget compliance, and

    degree of customer

    Success is measured by

    the degree to which the

    program satisfies the

    needs and benefits for

    which it was undertaken

    Success is measured in

    terms of aggregate

    performance of portfolio

    components

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    Monitoring Project managers monitor

    and control the work ofproducing the products ,

    services , results that the

    project was undertaken to

    produce

    Program managers

    monitor the progress ofprogram components to

    ensure the overall goals ,

    schedules, budget&

    benefits of the program

    will be met

    Portfolio managers

    monitor aggregateperformance and value

    indicators

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    1.3 Projects and Strategic Planning

    Projects are means of organizing activities that cannot be

    addressed within the organizations normal operational limits.

    Projects are typically authorized as a result of one or more of

    the following strategic considerations:

    A Market Demand & Organizational Need

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    A Technological Advancement

    A Legal Requirement

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    Projects are frequently divided into more

    Subprojects

    manageable components or subprojects.

    Subproject are often contracted to an external enterprise or to

    another functional unit in the performing organization.

    Sub projects can be referred to as projects and managed as

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    .

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    Project Management Office (PMO)

    A de artment that centralizes the mana ement of ro ects. A

    PMO usually takes one of three roles:

    Project Support: Provide project management guidance to project

    managers in business units.

    Project Management Process/Methodology: Develop and

    implement a consistent and standardized process.

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    Training: Conduct training programs or collect requirements for an

    outside company.

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    Primary Function of PMO

    A Primary function of PMO is to support project managers in a variety

    , :

    Managing shared resources across all the projects administered by the PMO

    Identifying and developing project management methodology, practices &

    standards

    Coaching, mentoring , training and oversight

    Monitoring compliance with project management standard policies, procedures ,

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    an emp a es v a pro ec au s .

    Developing and managing project policies, procedures, templates, and othershared documentation ( organizational process assets); and

    Co coordinating communication across projects

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    Home for project managers: Maintain a centralized office from

    Project Management Office (PMO) Cont

    which project managers are loaned out to work on projects.

    Internal consulting and mentoring:Advise employees about best

    practices.

    Project management software tools: Select and maintain project

    management tools for use by employees.

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    Portfolio management: Establish a staff of program managers who

    can manage multiple projects that are related, such as infrastructure

    technologies, desktop applications and so on, and allocate

    resources accordingly.

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    Authority of PMO

    Manage the interdependencies between projects

    e p prov e resources

    Terminate projects

    Help gather lessons learned and make them available to otherprojects

    Provide templates

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    Provide guidance

    Provide enterprise project management software

    Be more heavily involved during project initiating than later in the

    project

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    Making PMO Work

    The role of the PMO must be clearly defined.

    All those who are in the PMO must be PMP certified.

    The commitment of executive management is required.

    The PMO will not improve your project performance without

    the use of proper project management processes and

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    technique, so professional project management must be

    encouraged.

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    Differences between role of a Project Managers

    and PMO

    Project manager focuses on the specified project objectives ,

    while the PMO manages major program scope changes

    which may be seen as potential opportunities to better

    achieve business objectives

    The project manager controls the assigned project resources

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    to est meet pro ect o ect ves w e t e opt m zes t e

    use of shared organizational resources across all the projects

    PMP E P i C

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    Differences between role of a Project Managers

    and PMO

    individual projects while the PMO manages the

    methodologies , standards , overall risk/opportunity and

    interdependencies among projects at the enterprise level

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    PMP E P ti C

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    Project Management and Operations

    Management

    Operations are an organizational function performing

    ongoing execution of activities that produce the same

    product or service Projects are temporary in nature and can help the

    or anization achievin their oals when the are ali ned

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    with the organizations strategy

    PMP E P ti C

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    Role of a Project Manager

    The Project Manager is the person responsible for accomplishing the projectobjectives.

    Project managers strive to meet the triple constraint by balancing project

    scope, time, and cost goals

    Depending on the organization structure , a project manager may report to

    functional manager.

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    In other cases project manager may be one of the several project managers

    who report to a portfolio or program manager that is ultimately responsible forenterprise wide projects . In this type of structure, the project manager works

    closely with the portfolio or program manager to achieve the project

    objectives

    PMP E P ti C

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    In addition to area specific skills and general management

    Role of a Project Manager

    ,

    requires that the project manager possess the following

    characteristics :

    Knowledge : this refers to what project manager knows aboutproject management

    Performance : this refers to what project manager is able to do or

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    accomplish while applying their project management knowledge

    Personal : this refers to how project manager behaves whenperforming the project or related activity . Personal effectiveness

    encompasses attitudes, core personality characteristics and

    leadership.

    PMP E P ti C

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    The Project Management Profession

    Project, program, and portfolio managers need to develop

    spec c s s.

    Certification is available for project managers.

    There are many software tools to assist in project, program,

    and portfolio management.

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    PMP E P ti C

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    Suggested Skills for Project Managers

    Knowled e of the followin :

    All nine project management knowledge areas

    The application area, including specific standards andregulations

    The project environment

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    General management

    Human relations

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    Media Snapshot Good Project Management Skills from The Apprentice

    Leadership and professionalism Be a team player.

    .

    Know what your sponsor

    expects from the project, and

    learn from your mistakes.

    Trust your team, and delegate

    decisions.

    Dont be overly emotional and

    stay organized.

    Work on projects and for people

    you believe in.

    Think outside of the box.

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    Know the business.

    Stand up for yourself.

    Some luck is involved in project

    management, and you should

    always aim high.

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    Importance of Leadership Skills

    .

    A leaderfocuses on long-term goals and big-picture objectives

    while inspiring people to reach those goals.

    A managerdeals with the day-to-day details of meeting

    specific goals.

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    Project managers often take on the role of both leader and

    manager.

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    Ten Most Important Skills and Competencies for

    Project Managers.

    2. Leadership

    3. Listening

    4. Integrity, ethical behavior, consistent5. Strong at building trust

    6. Verbal communication

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    7. Strong at building teams

    8. Conflict resolution, conflict management9. Critical thinking, problem solving

    10. Understands, balances priorities

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    Different Skills Needed in Different Situations

    Large projects: leadership, relevant prior experience,

    planning, people skills, verbal communication, and team-

    building skills are most important

    High uncertainty projects: risk management, expectationmanagement, leadership, people skills, and planning

    skills are most im ortant

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    Very novel projects: leadership, people skills, havingvision and goals, self-confidence, expectations

    management, and listening skills are most important

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    Additional Skills for Program and Portfolio

    Managers

    managers. They often rely on their past experience, strong

    business knowledge, leadership capability, and communication

    skills to manage programs.

    Portfolio managers must have strong financial and analytical

    skills and understand how ro ects and ro rams can

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    55

    contribute to meeting strategic goals.

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    Project Management Certification

    PMI rovides certification as a Pro ect Mana ement

    Professional (PMP).

    A PMP has documented sufficient project experience, agreed

    to follow a code of ethics, and passed the PMP exam.

    The number of people earning PMP certification is increasing

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    56

    .

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    Ethics in Project Management

    .

    Project managers often face ethical dilemmas.

    In order to earn PMP certification, applicants must agree to

    the PMP code of professional conduct.

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    Several questions on the PMP exam are related to

    professional responsibility, including ethics.

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    Enterprise Environmental Factors

    Enterprise environmental factors refer to both internal and

    projects success . These factors may constraint or enhance

    project management options .

    Organizational or company culture and structureGovernmental or industry standards

    Infrastructure

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    Existing Human Resources

    Personnel Administration

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    Enterprise Environmental Factors

    Company work authorization system

    Marketplace conditions

    Stakeholder risk tolerances

    Commercial databases

    Project Management Information Systems

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    o ca c ma e

    Organizations established communication channels

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    PMP Exam Preparation Course

    Summary

    A project is a temporary endeavor undertaken to create a unique, , .

    Project management is the application of knowledge, skills, tools, andtechniques to project activities to meet project requirements.

    A program is a group of related projects managed in a coordinatedway to obtain benefits and control not available from managing themindividually.

    Project portfolio management involves organizing and managing

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    projects and programs as a portfolio of investments that contribute tothe entire enterprises success.

    The project management profession continues to grow and mature.

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    Project Life Cycle and Organization

    The Project Management Framework

    CHAPTER 2

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    PMP Exam Preparation Course

    Session Objective

    . e ro ec e yc e verv ew

    2.2 Stakeholders

    2.3 Organizational Influences on Project Management

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    2.1 The Project Life Cycle

    The project life cycle is the agglomeration of all phases in the project

    All projects are divided into phases, and all projects, large or

    small, have a similar life cycle structure.: Starting the project ,

    organizing and preparing , carrying out the project work and

    closing the project

    At a minimum, project will have a beginning or initiation phase,

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    63

    an n erme a e p ase or p ases, an an en ng p ase.

    Each phase has a defined endpoint

    Construction: Feasibility-> Planning -> Design -> Production -> Turnover -> Startup

    IT Project: Requirement -> Design -> Program -> Test -> Implement

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    Project Phases and the Project Life Cycle

    A project life cycle is a collection of project phases that

    What work will be performed in each phase

    What deliverables will be produced and when

    Who is involved in each phase

    How management will control and approve work produced in eachphase

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    A deliverable is a product or service produced or

    provided as part of a project

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    Phases in Project Life Cycle

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    a epa at o Cou se

    Handoffs

    Project phases evolve through the life cycle in a series of

    phases sequences called handoffs, or technical

    transfers. The end of one phase sequence typically

    marks the beginning of the next.

    The com letion of one hase does not automaticall

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    66

    signals the beginning of next phase.

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    p

    Phase Completion

    You will reco nize hase com letion because each hase

    has a specific deliverable, or multiple deliverables, that

    marks the end of the phase.

    A deliverable is an output that must be produced,

    reviewed, and approved to bring the phase or project to completion.

    Deliverable is a tangible, verifiable work product.

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    67

    A Guide to the PMBOK states that phase ending reviews are also knownby a new other names: Phase Exits, Phase Gates, or Kill Points.

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    p

    Fast Tracking

    There are times when hases are overla ed to shorten

    or compress the project schedule. This is called Fast

    Tracking.

    Fast tracking means that a later phase is started prior to

    completing and approving the phase, or phases, that

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    68

    .

    This technique is used to shorten the overall duration ofthe project.

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    p

    Phase-to-Phase Relationships

    There are three basic types of phase to phase relationships :

    A Sequential relationship : where a phase can only start once the

    previous phase is complete

    An Overlapping relationship : where the phase starts prior tocompletion of the previous one ( Fastracking ). Overlapping phase

    may increase risk and can result in rework .

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    69

    An Iterative relationship : where only one phase is planned at any

    given time and the planning for the next is carried out as workprogresses on the current phase and deliverables

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    p

    More on Project Phases

    In early phases of a project life cycle:

    The level of uncertainty (risk) is highest

    Project stakeholders have the greatest opportunity to influence theproject

    In middle phases of a project life cycle:

    The certainty of completing a project improves

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    70

    More resources are needed

    The final phase of a project life cycle focuses on:

    Ensuring that project requirements were met

    The sponsor approves completion of the project

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    p

    Typical Project Cost and Staffing Level Across the Project Life Cycle

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    Typical Construction Life Cycle

    Full Operation

    tageComplete

    Project

    MajorContracts

    Let

    Installation

    Substantially

    complete

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    Percen

    Feasibility Planning &Designing

    Production Turnover andStart-up

    GO

    decision

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    Product and Project Life Cycle

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    2.2 Stakeholders

    A stakeholder is someone whose interest may be positively or

    .

    Key stakeholders

    The project manager

    Customer

    Performing organization

    Pro ect Team

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    Project Management Team

    Sponsor

    Influencers

    The Project Management Office

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    Project Manager Manages the ProjectCustomer Purchases the product or service

    Key Stakeholders

    User Uses the product or services

    Performing Organization Whose employees are most directly involved in doing the

    projects work

    Project team members Group performing the projects work

    Project management

    team

    Who are directly involved in the project management

    activities

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    75

    Sponsor Provides the financial resources for the project

    Influencers Due to an individual's position can influence positively or negatively

    PMO It has direct or indirect responsibility for the outcome of the

    project

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    Relationship between Stakeholders and the

    Project

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    What we do with the Stakeholders ?

    Determine ALL of their requirements

    Determine their expectations

    Communicate with them

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    77

    Manage their influence

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    Stakeholders Grid

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    Stakeholders influence over time

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    2.3 Organizational Influence

    Projects are typically part of an organization that is larger than the

    .

    The maturity of the organization with respect to its project

    management system, culture, style, organizational structure and

    project management office can also influence the project.

    Organizational Systems

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    Organizational Cultures and Styles

    Organizational Structure

    Organizational Process Assets

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    2.3.1 Organizational System

    Project-based organizations are those whose operations

    consist primarily of projects. These organizational falls

    into two categories:

    Organizations that derive their revenue primarily from

    performing projects for others under contract -

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    81

    , , ,

    construction contractors, and government contractors.

    Organizations that have adopted management by

    projects.

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    Organizational Cultures and Styles

    Shared values, norms, beliefs, and expectations

    Policies and procedures

    View of authority relationships

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    Organizational Structure

    The structure of the performing organization often constraints

    the availability of resources in a spectrum from Functional to

    Projectized, with a variety of matrix structure in between.

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    Functional

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    Functional Organization - Key Points

    The or anization is rou ed b areas of s ecialization within

    different functional areas.

    Projects generally occur within a single department.

    Information required from other department will be routed

    through departmental heads.

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    85

    Team members complete project work in addition to normal

    department work.

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    Projectized Organization

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    Projectized Organization Key Points

    The entire company is organized by projects.

    The project manager has control of projects.

    Personnel are assigned and report to a project manager.

    Team members complete only project work and when its

    over the don't have HOME.

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    Communication generally occurs only within the project.

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    Weak Matrix Organization

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    Weak Matrix - Key Points

    Two Bosses

    Team members reports to Project Manager and Functional Manager

    Team members do project work in addition to normal departmentalwork

    Power rests with functional manager

    Project Manager plays a role of:

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    Project Expediter: Cannot take decision. Staff assistant andCommunication coordinator.

    Project Coordinator: Similar to Project Expeditor except hassome power to take decision.

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    Balanced Matrix Organization

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    Balanced Matrix Organization - Key Points

    Two Bosses

    Team members reports to Project Manager and Functional

    Manager

    Team members do project work in addition to normal

    departmental work

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    Power is shared between the functional and project manager

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    Strong Matrix

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    Strong Matrix Key Points

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    Composite Organization

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    Organization Structure influence on Project

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    Advantages & Disadvantages

    Functional

    Advantages Disadvantages

    Clear career paths

    in specialization areas

    Team members

    report to one

    supervisor

    More than one boss

    for project teammembers

    Resource allocation

    is challenging

    Matrix

    Advantages Disadvantages

    Improved project

    manager control over

    More than one boss

    for project team

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    96

    Easier specialist

    management

    Potential for conflict

    between functional

    and project managers

    Project objectives

    are supported in theorganization

    More support from

    functional organization

    Resource allocation

    is challenging

    Potential for conflict

    between functional

    and project managers

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    Advantages & Disadvantages (Cont..)

    Advantages Disadvantages

    Efficient project organization

    Project loyalty

    Sim lified communications

    Lack of professionalism inspecialization areas

    No home when projects are

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    97

    completed

    Duplication of facilities and job

    functions

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    Discussion

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    Project Management System

    ,

    techniques, methodologies, resources, and procedures used

    to manage a project.

    If a PMO exists in the performing organization, one of the

    functions of the PMO would typically be to manage the project

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    99

    ,

    application and continuity on the various projects being

    performed.

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    Organizational Process Assets

    Include any or all process related assets from any or all of the

    influence the projects success

    Organizational Process Assets

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    Processes and Procedures

    Corporate Knowledge Base

    Completed Schedules ,

    risk data , & earned value data

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    Unit 1: Examination

    Maximum Time Allowed 15 Minutes

    Keep Silence

    Keep the answered question paper with you

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    The Standard for Project Management of a Project

    Section II

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    CHAPTER 3

    Project Management Processes for a Project

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    Session Objective

    .

    3.2 Project Management Process Groups

    3.3 Process Interactions

    3.4 Project Management Process Mapping

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    Processes for a Project

    Recall the definition of Project Management !

    Project Management is accomplished through processes.

    It uses Project Management Knowledge, Skills, Tools &

    Technique

    It receives Inputs and generates Outputs

    Select a ro riate rocesses within the PM rocess rou

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    105

    that are required to meet the project objectives

    Use a defined approach to adapt the product specificationsand plans to meet project and product requirements.

    Comply with Stakeholders needs, wants and expectations.

    Balance the com etin demand.

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    What is a process ?

    A Process is a set of interrelated actions and activities that areper orme o ac eve a pre-spec e se o pro uc s, resu s, or services.

    Project Processes are performed by Project Team

    Project Management Process : Ensure the effective flow of theproject throughout its existence . They encompasses the tools andtechniques involved in applying the skills and capabilities described in

    the knowled e areas

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    106

    Product-Oriented Process : Specify and create the projects product .

    Product oriented processes are typically defined by the project life cycleand vary by the application area . The scope of the project cannot bedefined without some basic understanding of how to create the

    specified product .

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    Tailoring

    consider addressing each process and its constituent inputs

    and outputs.

    The project manager and project team are responsible for determining which

    processes within each process group are appropriate for the project you're working on.

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    s s ca e a or ng.

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    Project Management Processes

    - - -

    and modified by Deming)

    The application of the project management processes

    to a project is iterative and many processes are

    repeated and revised during the Project.

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    108

    Initiating = Start the cycle

    Planning = Plan

    Executing = Do

    Monitoring & Controlling = Check and Act

    Closing = Ends the Cycle

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    3.2 Project Management Process Groups

    ,

    the project management process describes what you need to

    do to manage the project. It includes:

    Initiating

    Planning

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    Executing

    Monitoring & Controlling

    Closing

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    Symbols for process flow diagrams

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    Project Management Process Groups

    A process is a series of actions directed toward aparticular result

    Project management can be viewed as a number ofinterlinked processes

    The project management process groups include:Initiating processes

    Plannin rocesses

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    Executing processes

    Monitoring and controlling processes

    Closing processes

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    3.3 Process Groups Interact in a Project

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    Mapping the Process Groups to the Knowledge

    Areas

    group into the nine knowledge areas using the PMBOK

    Guide 2008

    Note that there are activities from each knowledge area

    under the planning and monitoring and controlling

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    process groups

    All initiating activities are part of the project integrationmanagement knowledge area

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    Mapping of Project Management Processes

    to Process Groups & Knowledge Areas

    Please Refer toTable on page 43

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    Developing a Project Management Methodology

    Just as projects are unique, so are approaches to projectmanagement

    Many organizations develop their own projectmanagement methodologies, especially for IT projects; a

    methodology describes how things should be done

    Blue Cross Blue Shield of Michigan used the PMBOK as

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    methodology

    Six Sigma projects and the Rational Unified Process(RUP) framework use project managementmethodologies

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    Project Initiation

    Initiating a project includes recognizing and starting a new project or.

    Some organizations use a pre-initiation phase, while others include

    items such as developing a business case as part of the initiation.

    The main goal is to formally select and start off projects.

    Key outputs include:

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    Assigning the project manager.

    Identifying key stakeholders.

    Completing a business case.

    Completing a project charter and getting signatures on it.

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    Project Initiation Documents

    Every organization has its own variations of what documents

    are required to initiate a project. Its important to identify the

    project need, stakeholders, and main goals.

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    Project Planning

    The main purpose of project planning is to guide execution

    Every knowledge area includes planning information

    Key outputs include:

    A team contract

    A project scope statement

    A work breakdown structure WBS

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    A project schedule, in the form of a Gantt chart with all dependenciesand resources entered

    A list of prioritized risks (part of a risk register)

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    Project Executing

    project execution

    Project managers must use their leadership skills tohandle the many challenges that occur during project

    executionMany project sponsors and customers focus on

    deliverables related to providing the products, services, or

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    results desired from the project

    A milestone report can help focus on completing majormilestones

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    Project Monitoring and Controlling

    Involves measurin ro ress toward ro ect ob ectives

    monitoring deviation from the plan, and taking correction

    actions

    Affects all other process groups and occurs during allphases of the project life cycle

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    Outputs include performance reports, requested changes,

    and updates to various plans

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    Project Closing

    Involves gaining stakeholder and customer acceptance ofthe final products and services

    Even if projects are not completed, they should be closed

    out to learn from the pastOutputs include project archives and lessons learned, part

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    Most projects also include a final report and presentation tothe sponsor/senior management

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    Summary

    The five project management process groups are

    initiating, planning, executing, monitoring and controlling,

    and closing

    You can map the main activities of each process group to

    the nine knowledge areas

    Some organizations develop their own information

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    technology project management methodologies

    The JWD Consulting case study provides an example ofusing the process groups and shows several important

    project documents

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    Assignment

    processes

    Page No. 43, PMBOK 2008 Fourth Edition

    Next Class - Project Integration Management


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