Project Management Body of Knowledge Chapter 3 Project Processes

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1 Project Management Body of Knowledge Chapter 3 Project Processes PMP Exam Prep

2 PMBOK Chapter 1 - Introduction Chapter 2 - Organizational Influences & Life Cycles Chapter 3 - Project Processes

3 Chapter 3 What are the 5 process groups? What is a process? What occurs in each process group? What are the 10 knowledge areas?

4 Chapter 2 Review Who has the most power in a projectized organization? A. The project team B. The person funding the project C. The project manager D. The functional manager

5 Chapter 2 Review Who has the most power in a projectized organization? A. The project team B. The person funding the project C. The project manager D. The functional manager

6 Chapter 2 Review When is the risk exposure greatest in a project? A. In the beginning of the project B. During execution C. Towards the end of the project D. Remains about the same throughout the project

7 Chapter 2 Review When is the risk exposure greatest in a project? A. In the beginning of the project B. During execution C. Towards the end of the project D. Remains about the same throughout the project

8 Chapter 2 Review What is a primary problem for team members in a matrix project structure?

9 Chapter 2 Review What is a primary problem for team members in a matrix project structure? Each team member has two bosses

10 Chapter 2 Review The person who provides resources and support for the project is: A. Senior manager B. Functional manager C. Project manager D. Sponsor

11 Chapter 2 Review The person who provides resources and support for the project is: A. Senior manager B. Functional manager C. Project manager D. Sponsor

12 Chapter 2 Review Project stakeholders may be: A. An individual B. A group C. An organization D. All of the above

13 Chapter 2 Review Project stakeholders may be: A. An individual B. A group C. An organization D. All of the above

14 Chapter 2 Review Conditions, not under control of the project team, that influence, constrain, or direct the project are: A. Issues B. Defects C. Enterprise Environmental Factors D. Organizational Process Assets

15 Chapter 2 Review Conditions, not under control of the project team, that influence, constrain, or direct the project are: A. Issues B. Defects C. Enterprise Environmental Factors D. Organizational Process Assets

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

17 Process Groups Initiating Planning Executing Monitoring & Control Closing

18 Initiating Formally recognize the need for the project Project is authorized Project manger should be assigned Key deliverables Project Charter Stakeholder Analysis Charter

19 Planning Develop the course of action Develop project plan Define total scope of the project Define and refine project objectives Explore scope, time, cost, quality, communications, human resources, risks, procurements, and stakeholders Great opportunity to save resources, time, and money

20 Project Plan

21 Project Plan Communications Plan Risk Management Plan Time Management Plan Cost Management Plan Procurement Management Plan Human Resource Management Plan Quality Management Plan

22 Who should be involved? Planning

23 Planning Who should be involved? All stakeholders

24 Executing Complete the work Build the deliverables Satisfy the requirements Large portion of the budget is expended Results in planning updates and rebaselining Project manager guides using the project plan

25 Monitoring & Controlling Track, review, and orchestrate the progress and performance Measure the performance against the plan Control changes (Change Control) Take preventive and corrective actions

26 Closing Obtain acceptance Conduct post reviews Document lessons learned Archive project documentation Update organizational process assets Close out procurement activities Evaluate and release team members

27 5 Process Group 10 Knowledge Areas 47 Processes

28 I-TT-O

29 Business Case Project Business Results

30 Business Case Project Business Results

31 Next Week Chapter 4 Project Integration Management

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