CONTENTS

About the Contributors

Acknowledgments

Preface

Introduction

Part I

Project Initiation

1 Introducing Project Management

The PMBOK Guide, This Book, and the PMP Exam

All About the PMBOK Guide

All About This Book

All About the PMP Exam

Defining What a Project Is—and Is Not

Projects Are Temporary

Projects Create Unique Products, Services, or Results

Progressive Elaboration

Projects vs. Operations

Projects and Strategic Planning

Defining Project Management

Project Management Application Areas

Management by Projects

Understanding the Project Environment

Relying on General Management Skills

Relying on Interpersonal Skills

Examining Related Areas of Project Management

Program Management

Subproject Implementation

Working with a Project Management Office

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Self Test Answers

2 Examining the Project Life Cycle and the Organization

Revving Through Project Life Cycles

Working with Project Life Cycles

Project Phase Deliverables

Meeting the Project Stakeholders

Managing Stakeholder Expectations

Identifying Organizational Models and Attributes

Considering Organizational Systems

Considering Organizational Culture

Completing Projects in Different Organizational Structures

Relying on Organizational Process Assets

The Project Management Office

Defining Key General Management Skills

Managing Social, Economic, and Environmental Project Influences

Dealing with Standards and Regulations

Considering International Influences

Cultural Influences

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Self Test Answers

3 Adapting the Project Management Processes

Learning the Project Processes

Identifying the Project Management Process Groups

Identifying the Initiating Process Group

Identifying the Planning Process Group

Managing the Executing Processes

Monitoring and Controlling the Project

Closing the Project

How Process Groups Interact

Customizing Process Interactions

Plotting the Processes

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Part II

PMP Exam Essentials

4 Implementing Project Integration Management

Developing the Project Charter

Creating the Project Charter

Examining Benefit Measurement Methods

Examining Constrained Optimization Methods

Developing the Project Plan

Understanding the Project Plan’s Purpose

Preparing to Develop the Project Plan

Applying Tools and Techniques for Project Plan Development

Examining the Typical Project Plan

Executing the Project Plan

Implementing Tools and Techniques for Project Execution

Examining the Outputs of Project Plan Execution

Monitoring and Controlling the Project Work

Using Monitoring and Controlling Tools and Techniques

Examining the Results of Project Work

Reacting to Change

Implementing Tools and Techniques for Integrated Change Control

Closing the Project or Phase

Preparing to Close the Project or Phase

Completing Contract Closure

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Self Test Answers

5 Managing the Project Scope

Collecting and Eliciting Project Requirements

Interview the Stakeholders

Leading a Focus Group

Hosting a Requirements Workshop

Using Group Creativity Techniques

Using Group Decisions

Relying on Surveys

Observing Stakeholders

Creating Prototypes

Managing the Project Requirements

Defining Project Scope Management

Project Scope vs. Product Scope

Planning the Project Scope

Using Scope Planning Tools and Techniques

Creating the Scope Management Plan

Defining the Project Scope Statement

Examining the Inputs to Scope Definition

Using Product Analysis

Finding Alternatives

Performing Stakeholder Analysis

Examining the Scope Statement

Creating the Work Breakdown Structure

Using a Work Breakdown Structure Template

Decomposing the Project Deliverables

Updating the Scope Statement

Verifying the Project Scope

Examining the Inputs to Scope Verification

Inspecting the Project Work

Formally Accepting the Project Deliverables

Protecting the Project Scope from Change

Examining the Inputs to Scope Change Control

Implementing a Change Control System

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6 Introducing Project Time Management

Defining the Project Activities

Getting to Work: Defining the Activities

Decomposing the Project Work Packages

Using Rolling Wave Planning

Relying on Templates

Using Planning Components

Compiling the Activity List

Documenting the Activity Attributes

Sequencing Project Activities

Considering the Inputs to Activity Sequencing

Creating Network Diagrams

Using the Precedence Diagramming Method

Determining the Activity Dependencies

Considering Leads and Lags

Utilizing Network Templates

Examining the Sequencing Outputs

Using a Project Network Diagram

Updating the Work Breakdown Structure

Considering the Resource Requirements

Considering Resource Availability

Considering the Calendars

Creating a Resource Breakdown Structure

Updating the Activity Lists

Estimating Activity Durations

Considering the Activity Duration Estimates Inputs

Applying Expert Judgment

Creating an Analogy

Applying Parametric Estimates

Creating a Three-Point Estimate

Factoring in Reserve Time

Evaluating the Estimates

Developing the Project Schedule

Revisiting the Project Network Diagram

Relying on Activity Duration Estimates

Evaluating the Project Constraints

Reevaluating the Assumptions

Evaluating the Risk Management Plan

Examining the Activity Attributes

Defining the Project Timeline

Performing Schedule Network Analysis

Calculating Float in a PND

Using the Critical Chain Method

Encountering Scheduling on the PMP Exam

Applying Duration Compression

Using a Project Simulation

Using Resource-Leveling Heuristics

Using Project Management Software

Relying on a Project Coding Structure

Examining the Project Schedule

Utilizing the Schedule Management Plan

Updating the Resource Requirements

Controlling the Project Schedule

Managing the Inputs to Schedule Control

Applying a Schedule Control System

Measuring Project Performance

Examining the Schedule Variance

Updating the Project Schedule

Applying Corrective Action

Writing the Lessons Learned

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Self Test Answers

7 Introducing Project Cost Management

Estimating the Project Costs

Considering the Cost Estimating Inputs

Estimating Project Costs

Using Analogous Estimating

Using Parametric Estimating

Using Bottom-Up Estimating

Creating a Three-Point Cost Estimate

Using Computer Software

Analyzing Vendor Bids

Analyzing Cost Estimating Results

Refining the Cost Estimates

Considering the Supporting Detail

Developing the Cost Management Plan

Creating a Project Budget

Developing the Project Budget

Creating the Cost Baseline

Establishing Project Funding Requirements

Implementing Cost Control

Considering Cost Control Inputs

Creating a Cost Change Control System

Measuring Project Performance

Finding the Variances

Calculating the Cost Performance Index

Finding the Schedule Performance Index

Preparing for the Estimate at Completion

Finding the Estimate to Complete

Calculating the To-Complete Performance Index

Finding the Variance at Completion

The Five EVM Formula Rules

Additional Planning

Using Computers

Considering the Cost Control Results

Revising the Cost Estimates

Updating the Budget

Applying Corrective Actions

Updating Lessons Learned

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Self Test Answers

8 Introducing Project Quality Management

The Big Quality Picture

Accepting the Quality Management Approach

Quality vs. Grade

Implementing Quality Project Management

Preparing for Quality

Determining the Quality Policy

Reviewing the Scope Baseline

Reviewing the Standards and Regulations

Planning for Quality

Using a Benefit/Cost Analysis

Applying Benchmarking Practices

Design of Experiments

Considering the Cost of Quality

Creating the Quality Management Plan

Identifying the Operational Definitions

Applying Checklists

Creating the Process Improvement Plan

Executing Quality Assurance

Preparing for Quality Assurance

Applying Quality Assurance

Completing a Quality Audit

Improving the Project

Implementing Quality Control

Preparing for Quality Control

Inspecting Results

Creating a Flow Chart

Creating a Control Chart

Creating Pareto Diagrams

Creating a Histogram

Creating a Run Chart

Creating a Scatter Diagram

Completing a Statistical Sampling

Revisiting Flowcharting

Applying Trend Analysis

The Results of Quality Control

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Self Test Answers

9 Introducing Project Human Resource Management

Preparing for Human Resource Planning

Identifying the Project Interfaces

Identifying the Resource Requirements

Identifying the Project Constraints

Completing Organizational Planning

Relying on Templates

Applying Human Resource Practices

Relating to Organizational Theories

Networking with Stakeholders

Charting the Project Resources

Preparing for Project Team Management

Creating the Role and Responsibility Assignments

Creating an Organizational Chart

Creating a Staffing Management Plan

Documenting the Supporting Detail

Acquiring the Project Human Resources

Referring to the Staffing Management Plan

Examining the Staffing Pool

Recruiting Project Team Members

Working with Preassigned Staff

Negotiating for Resources

Acquiring Staff

Working with Virtual Teams

Assembling the Project Team

Developing the Project Team

Preparing to Develop the Project Team

Leading Project Team Development

Creating Team-Building Activities

Naturally Developing Project Teams

Relying on General Management Skills

Rewarding the Project Team

Dealing with Team Locales

Training the Project Team

Examining the Results of Team Development

Managing the Project Team

Communicating with the Project Team

Completing Project Performance Appraisals

Dealing with Team Disagreements

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10 Introducing Project Communications Management

Identifying Project Stakeholders

Performing Stakeholder Analysis

Creating a Stakeholder Register

Communications Planning

Leveraging Project Inputs

Evaluating the Project Constraints and Assumptions

Identifying Communication Requirements

Exploring Communication Technologies

Creating the Communications Plan

Preparing for Information Distribution

Examining Communication Skills

Creating Successful Communications

Creating Information Retrieval Systems

Creating Lessons Learned

Distributing Information

Examining the Results of Information Distribution

Managing Stakeholder Expectations

Preparing for Stakeholder Expectations Management

Performing Stakeholder Expectations Management

Managing Project Stakeholders

Communicating with Stakeholders

Reporting Project Performance

Reviewing Project Performance

Analyzing Project Variances

Completing Trend Analysis

Examining the Results of Performance Reporting

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Self Test Answers

11 Introducing Project Risk Management

Planning for Risk Management

Examining Stakeholder Tolerance

Relying on Risk Management Policies

Creating the Risk Management Plan

Examining the Risk Management Plan

Creating Risk Categories

Using a Risk Management Plan Template

Identifying Risks

Preparing for Risk Identification

Relying on Project Planning

Identifying the Project Risks

Reviewing Project Documents

Testing the Assumptions

Brainstorming the Project

Using the Delphi Technique

Identifying Risks Through Interviews

Analyzing SWOT

Utilizing Diagramming Techniques

Creating a Risk Register

Using Qualitative Risk Analysis

Preparing for Qualitative Risk Analysis

Completing Qualitative Analysis

Applying Probability and Impact

Creating a Probability-Impact Matrix

Relying on Data Precision

Examining the Results of Qualitative Risk Analysis

Preparing for Quantitative Risk Analysis

Considering the Inputs for Quantitative Analysis

Interviewing Stakeholders and Experts

Applying Sensitivity Analysis

Finding the Expected Monetary Value

Using a Decision Tree

Using a Project Simulation

Examining the Results of Quantitative Risk Analysis

Planning for Risk Responses

Preparing for Risk Response

Creating Risk Responses

Avoiding the Negative Risk and Threats

Transferring the Negative Risk

Mitigating the Negative Risk

Managing the Positive Risk and Opportunities

Accepting the Risks

Examining the Results of Risk Response Planning

Working with Residual Risks

Accounting for Secondary Risks

Creating Contracts for Risk Response

Justifying Risk Reduction

Updating the Project Plan

Implementing Risk Monitoring and Control

Preparing for Risk Monitoring and Control

Completing Risk Monitoring and Control

Completing Risk Response Audits

Completing Periodic Risk Reviews

Using Earned Value Analysis

Measuring Technical Performance

Completing Additional Risk Planning

Examining the Results of Risk Monitoring and Control

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12 Introducing Project Procurement Management

Planning for Purchases

Evaluating the Market Conditions

Referring to the Scope Baseline

Relying on the Project Management Plan

Teaming with Other Organizations

Completing Procurement Planning

Determining to Make or Buy

Using Expert Judgment

Determining the Contract Type

Summary of Contract Types

The Procurement Management Plan

Using the Statement of Work

Preparing for Contracting

Organizing Contracting Materials

Creating the Procurement Documents

Determining the Source Selection Criteria

Updating the Contract Statement of Work

Completing Procurement Purchasing

Procuring Goods and Services

Examining the Results of Contracting

Selecting the Seller

Preparing for Source Selection

Completing the Seller Selection Process

Examining the Results of Seller Selection

Performing Contract Administration

Preparing for Contract Administration

Completing Contract Administration

Reviewing the Results of Contract Administration

Performing Contract Closure

Reviewing Contract Documentation

Auditing the Procurement Process

Negotiated Settlements

Completing Contract Closeout

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Self Test Answers

13 The PMI Code of Ethics and Professional Conduct

Responsibilities to the Profession

Complying with Rules and Policies

Applying Honesty to the Profession

Advancing the Profession

Responsibilities to the Customer and to the Public

Enforcing Project Management Truth and Honesty

Eliminating Inappropriate Actions

Respecting Others

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Self Test Answers

Part III

Appendices

A About the Download

System Requirements

LearnKey Online Training

Installing and Running MasterExam

MasterExam

PMP Video Training

Worksheets

Electronic Book

Help

Removing Installation

Technical Support

LearnKey Technical Support

B Critical Exam Information

Exam Test-Passing Tips

Days Before the Exam

Practice the Testing Process

Testing Tips

Answer Every Question—Once

Use the Process of Elimination

Everything You Must Know

The 42 Project Management Processes

Magic PMP Formulas

Earned Value Management Formulas

Quick PMP Facts

Glossary

Index

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