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Archive for the ‘Sundar’ Category

Integration

Monday, March 9th, 2009

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.

-Posted by Sundar

Refer Exam Tips 3 - Key terms for PMP Exam for more key terms

Inspection

Friday, January 9th, 2009

Process Group    : Controling
Knowledge Area : Quality Management
Process              : Quality Control
Type                   : Tools and Techniques

Inspection involves physically looking at, measuring, or testing results to determine if they conform to the requirements or quality standards.

It’s a tool used to gather information and improve results. Inspections might occur after the final product is produced or at intervals during the development of the product to examine individual components.

Inspection may take actual measurements of components to determine if they meet requirements.

Inspection keeps errors in the product from reaching the customer whereas prevention keeps errors from occurring in the process.

-Posted by Sundar

Refer Exam Tips 3 - Key terms for PMP Exam for more key terms

Influence diagrams

Wednesday, January 7th, 2009

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.

-Posted by Sundar

Refer Exam Tips 3 - Key terms for PMP Exam  for more key terms

Preassignment

Sunday, October 5th, 2008

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.

- Posted by Sundar

Refer Exam Tips 3 - Key terms for PMP Exam for more key terms

Portfolio

Friday, October 3rd, 2008

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.

-Posted by Sundar

Refer Exam Tips 3 - Key terms for PMP Exam for more key terms

Philip B. Crosby

Wednesday, October 1st, 2008

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.

-Posted by Sundar

Refer Exam Tips 3 - Key terms for PMP Exam for more key terms

Performing

Monday, September 29th, 2008

“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.

-Posted by Sundar

Refer Exam Tips 3 - Key terms for PMP Exam for more key terms

Norming

Thursday, September 25th, 2008

“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.

-Posted by Sundar

Refer Exam Tips 3 - Key terms for PMP Exam for more key terms

Opportunities

Tuesday, September 23rd, 2008

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.

-Posted by Sundar

Refer Exam Tips 3 - Key terms for PMP Exam for more key terms

Organization Breakdown Structure (OBS)

Sunday, September 21st, 2008

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.

-Posted by Sundar

Refer Exam Tips 3 - Key terms for PMP Exam for more key terms