Project Management Practitioner

Process Group     : Closing
Knowledge Area   : Integration Management
Process                : Project Closure

A type of project ending where the financial or human resources assigned to the project are diverted or reassigned elsewhere in the organization.

This would occur after the project ends or closure in the middle due project to discontinuity. However project closure is mandatory irespective of the reasons.

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Process Group    : Planning
Knowledge Area  : Risk Management
Process               : Risk Planning
Type                    : Tools and Techniques

One of the tool and technique and diagramming technique to identify risk.

Influence diagrams typically show the casual influences among project variables, the timing or time ordering of events, and the relationships among other project variables and their outcomes.

They will visually depict risks (or decisions), uncertainties or impacts, and how they influence each other.

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Preassignment is a tool and technique of the Acquire Project Team process.

This occurs when a project is put out for bid and specific team members are promised as part of the proposal
or when internal project team members are promised and assigned as a condition of the project.

When staff members are promised as part of the project proposal—particularly on internal projects—they should be identified in the project charter.

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Projects create a unique product, service, or result.

A grouping of projects that are managed together for a common goal is a program.

Portfolio is the collections of programs or projects that meet for a common specific business objective or goal.

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Three “quality” leaders in particular are responsible for the rise of the quality management movement and the theories behind the cost of quality: Philip B. Crosby, Joseph M. Juran, and W. Edwards Deming.

Philip B. Crosby devised the zero defects practice, which means, basically, do it right the first
time. Crosby says that costs will increase when quality planning isn’t performed up front, which means you’ll have to engage in rework, thus affecting productivity. Prevention is the key to Crosby’s theory. If you prevent the defect from occurring in the first place, costs are lower, conformance to requirements is easily met, and the cost measurement for quality becomes the cost of nonconformance rather than the cost of rework.

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“Team building activities” is one of the tools and techniques of Develop Project Team.

The newly formed team for the project will go through four stages of development: Forming, Storming, Norming and Performing.

At Performing stage, the team end up with requied performance. This stage the team is productive and effective. The level of trust among team members is high, and great things are achieved. This is the mature development stage.

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“Team building activities” is one of the tools and techniques of Develop Project Team.

The newly formed team for the project will go through four stages of development: Forming, Storming, Norming and Performing.

At Norming stage, the team begins to calm down. Team members know each other fairly well by now. They’re comfortable with their positions in the team, and they begin to deal with project problems instead of people problems. In the norming stage, they confront the project concerns and problems instead of each other. Decisions are made jointly at this stage, and team members exhibit affection and familiarity with one another.

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Opportunities is one of the process in SWOT analysis technique.

Strengths, Weaknesses, Opportunities, and Threats (also known as SWOT analysis) is an analysis technique that examines through each of these viewpoints (SWOT) the project itself, project management processes, resources, the organization, and so on. It also helps broaden your perspective of where to look for risks.

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This is an organization chart describes the hierarchical nature of the organization, what departments exist, and who reports to whom.

An organization breakdown structure (OBS) is a form of organization chart that shows how the WBS elements relate to the organization’s departments, work units, or teams rather than individuals.

OBS clearly relates the WBS elements to the organizational unit/department responsible for completing the work.

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Parametric estimating is one of the tools and technique of processes like Activity Duration Estimating,Cost Estimating, Cost Budgeting.

Parametric estimating is a quantitatively based estimating method that multiplies the quantity of work by the rate.

This estimate is by multiplying a known element—like the quantity of materials needed—by the time it takes to install or complete one unit of materials. The result is a total estimate for the activity. In this case, 10 servers multiplied by 16 hours per server gives you a 160-hour total duration estimate.

The resulted estimattion is a total estimate for the activity.

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