Project Management Introduction

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Questions and Answers

Which of the following BEST describes a project?

  • Ongoing operations that sustain the business
  • Repetitive tasks with no defined end date
  • A temporary endeavor to create a unique product, service, or result (correct)
  • Work focused solely on maintaining existing systems

Computer hardware, software, networks, and global work teams have had little impact on project management.

False (B)

Which of the following is NOT considered a key element of the project management framework?

  • Project stakeholders
  • Project manager's personal hobbies (correct)
  • Project success metrics
  • Project management knowledge areas

What is the ultimate goal of project management?

<p>Project success</p> Signup and view all the answers

Project managers strive to meet the ________ by balancing project scope, time, and cost goals.

<p>triple constraint</p> Signup and view all the answers

What is project portfolio management?

<p>Grouping and managing projects and programs as a portfolio of investments. (D)</p> Signup and view all the answers

Project managers typically work independently of project sponsors and the project team.

<p>False (B)</p> Signup and view all the answers

What is the primary role of a program manager?

<p>To oversee programs and related projects in a coordinated way. (C)</p> Signup and view all the answers

What is included in the triple constraint of project management?

<p>Scope, time, and cost</p> Signup and view all the answers

If a project's scope is not properly defined early on, it can expand during the execution phase, which is known as ________.

<p>scope creep</p> Signup and view all the answers

Which of the following is a potential impact of poor internal coordination within a project?

<p>Increased project costs. (C)</p> Signup and view all the answers

Operations are temporary endeavors, while projects are ongoing work to sustain the business.

<p>False (B)</p> Signup and view all the answers

Which of the following provides leadership and direction for project managers within a program?

<p>Program manager (D)</p> Signup and view all the answers

Name three suggested skills for project managers.

<p>Be comfortable with change, Understand the organizations they work in and with, Be able to lead teams to accomplish project goals</p> Signup and view all the answers

________ is the application of knowledge, skills, tools, and techniques to project activities to meet the project requirements.

<p>Project management</p> Signup and view all the answers

Which of the following BEST describes the systems development life cycle (SDLC)?

<p>A framework for describing the phases involved in developing and maintaining information systems. (C)</p> Signup and view all the answers

The waterfall model is an adaptive approach to system development where requirements cannot be clearly expressed.

<p>False (B)</p> Signup and view all the answers

What is the purpose of management reviews (also called phase exits or kill points)?

<p>To evaluate the project's progress, likely success, and continued compatibility with organizational goals. (C)</p> Signup and view all the answers

Give an example of 3 predictive life cycle models.

<p>Waterfall model, Spiral model, and Incremental build model</p> Signup and view all the answers

A ________ team is a group of individuals who work across time and space using communication technologies.

<p>virtual</p> Signup and view all the answers

Match the organizational frames with their focus:

<p>Structural Frame = Roles and responsibilities, coordination and control Human Resources Frame = Harmony between needs of the organization and needs of people Political Frame = Coalitions composed of varied individuals and interest groups Symbolic Frame = Symbols and meanings related to events, culture</p> Signup and view all the answers

What does SWOT analysis stand for?

<p>Strengths, Weaknesses, Opportunities, and Threats (C)</p> Signup and view all the answers

A project charter is optional and not a key output of project integration management.

<p>False (B)</p> Signup and view all the answers

What is the main purpose of the project's business case?

<p>To communicate the benefits of the proposed change to the business (B)</p> Signup and view all the answers

For the weighted scoring model to work assigning weights(percentages) to each criterion is essential, what should the total add up to ?

<p>100%</p> Signup and view all the answers

_________ is a document used to develop and confirm a common understanding of the project scope

<p>A scope statement</p> Signup and view all the answers

Which of the following is NOT a goal of the 'scope control'?

<p>Approve payments (D)</p> Signup and view all the answers

The preliminary scope statement, project charter and other organization process assets do NOT provide a basis for creating the project scope statement

<p>False (B)</p> Signup and view all the answers

In Scope management, a common guideline to follow for determining the level of detail is that the lowest level of the WBS should normally take no longer than___ weeks to complete

<p>Two (C)</p> Signup and view all the answers

List three main tools that project managers can use for better efficiency.

<p>Progress reports A schedule change control system Project management software, including schedule comparison charts like the tracking Gantt chart</p> Signup and view all the answers

___________ is the difference between planned and actual performance.

<p>Variance</p> Signup and view all the answers

Which of the following is the LAST step in project time management, according to the processes in the first module?

<p>Schedule control (D)</p> Signup and view all the answers

Progress reports, a schedule change control system, project management software, variance analysis are NOT one of the tools that project managers use for better efficiency.

<p>False (B)</p> Signup and view all the answers

Which tool provides a standard format for displaying the schedules by listing activities and their start/finish dates in the calendar format?

<p>Gantt Charts (B)</p> Signup and view all the answers

Name 3 key phases of planning and tracking schedules.

<p>Activity definition; Activity Sequencing; Resources and duration Estimating; Schedule Development</p> Signup and view all the answers

A is the series of activities to determine the time by which the project can be completed

<p>critical path</p> Signup and view all the answers

Match the following scheduling terms with their definitions:

<p>Duration = Actual amount of time worked on an activity plus elapsed time Effort = Number of workdays or work hours required to complete a task Slack = Amount of time an activity may be delayed without delaying a succeeding activity or the project finish date</p> Signup and view all the answers

Which of the following describes the critical path of the project in the best way?

<p>The series of activities that determines the time by which the project can be completed (A)</p> Signup and view all the answers

Project charters do NOT include start and end dates and budget information

<p>False (B)</p> Signup and view all the answers

What is PERT in context of Project management time estimations?

<p>A network analysis technique used to estimate project duration (B)</p> Signup and view all the answers

Flashcards

What is a project?

A temporary endeavor undertaken to create a unique product, service or result.

What is project management?

Application of knowledge, skills, tools, and techniques to project activities to meet project requirements.

What is the triple constraint?

Balancing project scope, time and cost goals.

Who are project stakeholders?

Individuals, groups, or organizations impacted by a project's outcome.

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What are project management knowledge areas?

Nine key competencies project managers must develop, including core and facilitating areas affecting all others.

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What is a program?

Group of related projects managed in a coordinated way to obtain benefits and control.

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What is project portfolio management?

Group and manage projects and programs as a portfolio of investments.

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What is IT governance?

Authority and control for key IT activities.

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What is systems analysis?

A systems approach that requires defining the scope of the system to be studied, dividing it's into component parts and then identifying and evaluating its problems, opportunties, constraints and needs.

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What is systems management?

Addresses business, technological, and organizational issues before making changes to systems

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What is a project life cycle?

Framework with project phases: What work is done, deliverables, who's involved, and controls.

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What is a deliverable?

Product or service produced as part of a project

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What is Systems Development Life Cycle (SDLC)?

SDLC is a framework for describing the phases involved in developing and maintaining information systems

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Predictive life cycle

Scope is clearly articulated and the schedule and cost can be predicted.

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What is a Virtual team?

A group of individuals who work across time and using communication technologies

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What is SWOT analysis?

Assess strengths, weaknesses, opportunities, and threats

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What is Strategic planning?

Involves determining long-term objectives and projecting the need for products and services.

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What is a project charter?

Document that recognizes the existence of a project; includes objectives and management direction.

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What is project execution?

Involves managing and performing work described in the project plan

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What is monitoring project work?

Collecting, measuring, and disseminating performance information.

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What is a business case?

A project's justification, including problem/opportunity, benefits, risks, and costs.

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What is scope management plan?

Includes descriptions of how the team will prepare the project scope statement, create the WBS, verify completion of the project deliverables, and control requests for changes to the project scope.

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What is project scope?

All work involved in creating the project products and the processes used to create them.

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What is decomposition?

Subdividing project deliverables into smaller, more manageable components.

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What is a Work Breakdown Structure (WBS)?

A deliverable-oriented grouping of the work involved in a project that defines the scope of the project.

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What is Scope verification?

Formalizing acceptance of the project scope.

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What is Scope control?

Involves controlling changes to the project scope.

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What is the analogy approach?

Review WBSs of similar projects and tailor to your project.

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What is the bottom-up approach?

Start with the specific tasks and roll them up.

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What is mind-mapping approach?

Technique using branches radiating from a core idea to structure thoughts and ideas.

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What is activity definition?

Identifying the specific activities that the project team and stakeholders must perform to produce the project deliverables

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What is Activity Sequencing?

Identifying and documenting the relation between project activities

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What is Activity resource estimating?

Estimating how many resources a project team should use to perform project activities.

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What is the Critical Path Method (CPM)?

Network diagramming technique used to predict total project duration.

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What is Duration?

Activity plus elapsed time.

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What is Effort?

The number of workdays or work hours required to complete a task.

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What is a Critical path?

Earliest time by which the project can be completed.

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What is Slack or Float?

Amount of time an activity may be delayed without delaying project finish date.

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What are Gantt Charts?

Schedule and provide a standard format for displaying project information.

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What is Program Evaluation and Review Technique (PERT)?

A network analysis technique used to estimate project duration when there is a high degree of uncertainty about the individual activity duration estimates

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Study Notes

Introduction to Project Management

  • This chapter will cover the different concepts related to project management
  • Using these, develop a comprehensive project plan

Specific Objectives

  • Understand the growing need for better project management, especially for information technology projects
  • Explain a project, give examples of IT projects, list attributes, and describe the triple constraint
  • Describe project management and discuss key elements like stakeholders, knowledge areas, tools and techniques, and success
  • Discuss the relationship between project, program, and portfolio management as well as what they contribute to enterprise success
  • Understand the role of the project manager by describing managers tasks, important skills, and what the career field is like for information technology project managers
  • Describe the project management profession, its history, the influence of organizations like the Project Management Institute, the value of certification and ethics, and advancement of project management software

Introduction

  • Many companies have new or renewed interest in project management
  • IT advancements dramatically changed the work space leading to new opportunities

Advantages of Using Formal Project Management

  • Better control of financial accounts, physical resources, and human resources
  • Better customer relations
  • Shorter development times
  • Lower costs
  • Higher quality and increased reliability
  • Higher profit margins
  • Improved productivity
  • Better internal coordination
  • Higher worker morale (less stress)

What Is a Project?

  • A project is "a temporary endeavor undertaken to create a unique product, service, or result"
  • Operations are things done to sustain the business
  • Projects end when their objectives have been met or have been terminated
  • Projects can be large or small and take varying amounts of time

Examples of IT Projects

  • Help desk or technical worker replaces ten laptops
  • Software team adds something to an internal software application
  • College campus upgrades its technology infrastructure
  • A company task force chooses a VoIP system

Media Snapshot: Where IT Matters

  • In 2006, Baseline Magazine published “Where I.T. Matters: How 10 Technologies Transformed 10 Industries” as a retort to Nicholas Carr's ideas
  • VoIP transformed the telecommunications industry and broadened internet access
  • GPS has changed the farming industry
  • Digital supply chain has evolved the entertainment industry's distribution

Project and Program Manager

  • Project Managers collaborate with project sponsors, project team, and other parties to meet goals
  • A program is group of related projects managed together to produce benefits beyond individual management
  • Program managers oversee programs, and often act as bosses

The Triple Constraint of Project Management

  • A successful project must meet scope, time, and cost goals while satisfying the project's sponsor
  • Project management applies skills and techniques to project activities to meet project requirements
  • Managers strive to meet the triple constraint by balancing project scope, time, and costs
  • TIME - Project managers must estimate time to complete a project using tools such as PERT or critical path methods
  • SCOPE - Scope must be identified during the planning phase; if it is not properly defined then the expansion is known as scope creep which can cause a project to fail
  • COST - Project managers are responsible for estimating, budgeting and controlling costs so they stay in budget

Project Management Framework

  • A stakeholder is an individual, group, or organization affected by the project's outcome with a vested interest.
  • Stakeholders can greatly impact the project ranging from positive to negative
  • Stakeholders can be within or outside of the organization
  • Stakeholders include the project sponsor, project team, support staff, customers, users, suppliers, and opponents

Nine Project Management Knowledge Areas

  • Knowledge areas describe key competencies that project managers need to develop
  • There exists four core knowledge areas to lead to goals (scope, time, cost, quality).
  • Also, four facilitating knowledge areas to achieve those goals (human resources, communication, risk, stakeholder, and procurement management
  • Integration management, affects, and is also impacted by all knowledge areas
  • All knowledge areas are important

Project Management Tools and Techniques

  • Project management tools help managers and their teams in project management
  • Tools include project charters, scope statements, WBS, Gantt charts, network diagrams, critical path analysis, and value management
  • Super Tools
  • Tools with high use and high potential for improving project success
  • Including software for task scheduling, scope statement, requirement analysis, and lessons learned
  • Tools Already Used Extensively
  • Tools extensively used that have been found to improve project importance
  • Including progress reports, kick-off meetings, Gantt charts, and chance requests

The Project Success

  • Projects that meet scope, time and costs goals also satisfy customers and sponsors

What Helps Projects Succeed?

  • Executive support and user involvement
  • Experienced project manager with clear business objectives
  • Minimized scope of standard software infrastructure
  • Firm basic requirements and a formal methodology
  • Reliable estimates

Program and Project Portfolio Management

  • A program is group of related projects managed for benefits and control unavailable from managing individually
  • Program managers provide leadership and direction towards related initiatives
  • Infrastructure, application development, and user support are common programs

Project Portfolio Management

  • Organizations group related projects and programs as a portfolio contributing to enterprise success
  • Portfolio managers help people invest by analyzing projects from a strategic perspective

Best Practices and Skills

  • Project projects are driven by strategy and engaging stakeholders
  • Skills include comfort with change, organizational understanding, and ability to lead

The Role of the Project Manager

  • Job description vary, but consist of planning, scheduling, coordination and teamwork
  • 97% of successful projects were led by experienced project managers
  • Skills are needed to influence success factors

Suggested Skills for Project Managers

  • Project Management Body of Knowledge
  • Knowledge of application area, standard and regulations, and project environment
  • General management and soft skills

Ten Most Important Skills and Competencies for Project Managers

  • People skills and listening skills
  • Leadership
  • Integrity and strong ethics
  • Verbal and team communication
  • Builds trust
  • Conflict and resolution management
  • Problem-solving and critical thinking
  • Understanding and balancing priorities

Different Skills Needed in Different Situations

  • Large projects need leadership, experience, planning and people skills
  • Uncertain projects need management, expectation and planning skills as well as leadership
  • Innovative projects need leadership and vision

Importance of Leadership Skills

  • Project managers need to use leadership, long-term goals, and day-to-day details to succeed in projects
  • They also often take of the role of both leader and manager

Project Management Profession Skills

  • These are growing and changing at a rapid rate
  • It is helpful to understand societies and advancements in the project management industry

History of Project Management

  • Some people argue that building the Egyptian pyramids was a project
  • Most people consider the Manhattan Project to be the first project to use "modern" project management
  • Having a separate project manager and a technical manage

Chapter Summary

  • Projects are temporary endeavors taken to create a unique product of service
  • Project management is the application of tools and knowledge to meet requirements
  • A program is a group of related projects managed in a coordinated way
  • Project mangers help play a key role in organizations that succeed
  • The project management industry will continue to grow and evolve

Module 2: The Project Management and IT Context

  • Understand different organizations
  • Plan a project with different organizational characteristics

Project Management Systems

  • Describe system to information
  • Understand organizations and culture
  • Explain management and success
  • Learn project phase and life cycle
  • Discuss technology and project

Understanding Organization

  • Many enterprise resource planning projects fail due to organizational issues
  • Sunny Marche; “The problem of building an integrated system that can accommodate different people is a very serious challenge. You can't divorce technology from the sociocultural issues. They have an equal role.”
  • Sobey's ERP system shut down for five days and lost upwards of $90 million

Systems View of Project Management

  • Systems approach emerged in the 1950s to describe a more analytical approach to management and problem solving
  • Includes Systems Philosophy, Analysis, and Management
  • Philosophy is an overall model for thinking
  • Analysis requires defining the scope of the system to be studied
  • Management addresses business and other issues before changes

Understanding the Organization

  • Structural Frame: Focuses on roles and responsibilities, coordination and control
  • Human Resources Frame: Focuses on providing harmony between the needs of the organization and the needs of people
  • Political Frame: Assumes organizations are coalitions composed of varied individuals and interest groups
  • Symbolic Frame: Focuses on symbols and meanings related to events. Culture is important

Project Phases and Life Cycle

  • Work will vary in each phase
  • Deliverables will be produced at different times
  • Each phase involves different personnel
  • Management will control and approve work produced in each phase
  • A deliverable is a product or service produced or provided as part of the project
  • During project development needs are lowest
  • During project execution resources are need the most
  • Ensuring that project requirements are meet

Phases of the Traditional Project Life Cycle

  • Project Feasibility, Acquisition, Concept, Development, Implementation, and lastly closing out
  • Deliverables include a management plan and preliminary estimates
  • Products come with their own life cycles
  • SDLC is frameworks for describing the maintenance of system
  • Systems can follow project life cycles and software development

The Context of the IT Projects

  • IT projects vary in size, products, area of application, and recourses
  • Team often have diverse backgrounds and skill sets
  • Must be specialized in the same technologies
  • Globalization: lower trade and political barriers and the revolution
  • Outsourcing: Organization acquire goods and/or sources are outside
  • Virtual teams: People in all spaces connecting through technology

Module 3: Project Integration Management

  • Understand the importance of project schedules and good project time management
  • Define activities as the basis for developing project schedules
  • Describe how project managers use network diagrams and dependencies to assist in activity sequencing
  • Explain how various tools and techniques help project managers perform activity duration estimating
  • Use a Gantt chart for planning and tracking schedule information, find the critical path for a project, and describe how critical chain scheduling and the Program Evaluation and Review Technique (PERT) affect schedule development
  • Discuss how reality checks and people issues are involved in controlling and managing changes to the project schedule

Approaches to Improving Schedule

  • Set Project Management standards
  • Encourage Stakeholder commitment and create project plan
  • Be detailed on WBS and have task dependencies
  • Have time estimation and management, document and follow standards
  • Have skilled resources in the project

Importance of Managing Schedules

  • First part to go wrong due to many variable and dependencies
  • Need flexible, time dependent and team collaboration
  • There are many types of schedules for projects

Types of Schedules

  • Network diagram, Gantt Chart and Milestone
  • Also use WBS is most common technique to give tasks dependencies
  • Can be used of the scheduling

Project Schedule Problems

  • Communication errors can affect schedule and time
  • Poor planning can affect quality control.
  • Poor risk management can add delays and increase cost
  • Improper resource allocation can harm project by improper project.

Activity Sequencing

  • Need activities by defining project activities
  • Use AON, show activities relationships in a preferred technique
  • Work for critical path and critical chain

Problems in managing schedules

  • People skills are important but planning can prevent many issues
  • Stakeholder communication increases time.
  • Changes lead to scope costs and time

Approaches to improve projects and time

  • Use templates/ best practices for projects
  • Keep a consistent plan and keep stakeholders informed
  • Manage time effectively

Project Management Integration Processes

  • Use stakeholders to make a charter and authorize the project
  • Use stake holders as people who benefit to make a preliminary statement
  • Coordinate planning to create documentation, create project plan
  • Oversee project and see all meetings and requirements are met

Factors to Choosing a Project

  • Stakeholders, strategic planning, project selection
  • Predict trends for long term objectives
  • SWOT analysis and realistic goals.

Best methods of selection

  • Look at important aspects such as the plan with the most money or impact
  • Need well developed process for strategic plan
  • Must have goal, process and project alignment

Key Methods For Project Selection

  • SWOT can help create strategies.
  • Weighted scoring can determine selection.
  • Budgets increase profits and efficiency.
  • Balance needs with budget with strategy.

Preliminary Planning

  • Should have the right tools and have resources.
  • Have skilled workers and stakeholders.
  • Should be an organized project

Project Charting

  • After a project is chosen, it needs to be organized.
  • Have specific goals and directions for the project
  • Have agreement between stakeholders.

Preliminary Scope Statement

  • Make sure the scope is well known and developed.
  • Have it prevent creeping in any issues
  • Be updated whenever.
  • Make sure you do not skip any processes.

Project Execution

  • Have people managing performance.
  • Have enough money for people and be spent well
  • Those that do the project should help also
  • Input for realistic input

Monitor and Controlling Project

  • Monitor projects, and see if you prevent it or check how to improve,
  • collect data and measure performance and help project and stakeholders

Business Case

  • Is important to know the importance of projects
  • Helps with the communication with what's important
  • Prepare with the business opportunity, risk and costs

Writing a great Business Case

  • Purpose statement about how project should convey influence
  • be interesting and concise
  • Provide realistic goals for a better future
  • Need stakeholders, sponsors, and the right people to contribute to make it successful

Summary of the Project and Communication

  • Can be great by having a sponsor with the right communication to influence
  • Follow the right steps and make sure that documentation help move the project

Module 4: Project Scope Management

  • This chapter will cover the elements that make good scope management important
  • Explain processes and contents of a scope management plan
  • Develop the process for project scope statement using the project charter and preliminary scope statement
  • Work on the scope definition and define what is involved
  • Importance of scope verification and its relations
  • Approaches for preventing scope-related problems
  • Describe the software and methods with which scope can help
  • Make sure that data can be transferred and converted from legacy storage
  • Scope can be well documented
  • Proper scope management can help all the work stay in budget and have fewer issues

Scope of Project Management

  • Manage processes with defining and managing with deliverables
  • Project should be able to produce product with scope management

Scope Implementation

  • Need scope planning
  • Review the charter and statement with other scope
  • Must be manageable with small components
  • Should have acceptance of product
  • Monitor changes and control project scope

Scope Planning

  • Include descriptions of how WBS and other changes can be achieved
  • Need proper scope statement from project charter and preliminary.

Preliminary Planning Scope Statement

  • Need basis for all statements and make available for all to see
  • Need a work breakdown structure by ensuring requirements are met
  • Sponsor makes sure the project is meeting all goals by doing reviews.

Managing Scope Prevention

  • Have a statement to review and have experts to work on
  • Make sure all changes have been properly requested following processes
  • Prevent scope creep.

Scope Definition

  • Create preliminary statement, documentation with stakeholders,
  • Make more clear and specific.

Project Charted Changes

  • Scope includes updates
  • It can be implemented in the business
  • It can bring product to the people
  • It can have new servers to make. more efficient.

Creating WBS

  • grouping all projects in one site with proper work on project scope
  • Project can be managed and scheduled well over the time.
  • Breaking down project deliverables into smaller, manageable items

Methods of WBS

  • Help with the data and the scheduling with many aspects.
  • Gantt chart helps with charts and other processes
  • Use guidelines similar to help prep

WBS Top and Bottom-up

  • Can be specific with thoughts mapped out
  • Be very difficult to have verify scope and minimize changing scopes
  • The validation makes sure that stakeholder is able to verify product.

Scope changes

  • Control all changes to the scope because to reduce risk and save money and proper budget balance.
  • You should consider the use guidelines

Best practice

  • Keep scope realistic. Don't go way beyond scope and keep projects on time.
  • Use off-the-shelf options
  • Follow steps

Summary of Scope of Management.

  • Make sure the project all the processes and work required should be well done and proper.

Modulde 5: Project Time Management

  • Develop It Project Plan for IT terms
  • Understand importance and time Describe project managers dependencies
  • Explain activity estimation
  • Understand planning and schedule

Importance of Project Schedules

  • Manage time and flexibility
  • Have least amount of conflict with goals

Schedules Conflicts

  • Cultural differences can make conflicts and deadlines can be a negative to that.
  • Team needs to be together

Project Time Management

  • Needs identifying stake holders who need do what with project deliverables.
  • Review relationships between project tasks and time.
  • Resources should be estimated and tasks should be completed faster and better.

Activity Attributes

  • Important dates
  • Need be able to monitor progress

Activity Sequencing

  • Review each of the activities
  • Make sure that have to manage the path

Creating Diagraphs

  • Have all activities start at node 1 with arrows
  • Do not have arrows cross that should face right.

Resource Estimating

  • Must have an idea on who would be to each activity.
  • Also see the organizations history with the project
  • Hierarchical structure must be identified

Activitiy Durations

  • This makes planning and time estimate better
  • This helps look at task with greater detail

Good schedule

  • Should be done with best process to be complete in set timeline
  • Use charts and data to estimate well

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