Project Management Practitioner

Process Group    : Planning
Knowledge Area : Risk Management
Process             : Risk Response Planning
Type                 : Output

PM has to update Risk Register as a part of output of Risk Response Planning. Secondary Risk is one of the risks to be updated.

Secondary risks are the risks that come about as a result of implementing a risk response.

Example for Secondary Risk is, the PM hired an external consultant to complete a specialized activity for a particular period and the hired resource falls ill  during the hired period.

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Process Group    : Initiating
Knowledge Area : Integration Management
Process             : Develop Project Charter
Type                 : Tools and Techniques

Scoring Model or Weighted Scoring Model is one of technique used for project selection.

The project selection committee comprises of top IT managers and project sponsors usually have a well defined set of criteria/parameter to evaluating the  necessary of the project requests and prioritize them.

These criteria’s are such as profit potential, marketability of the product or service, criticality, regulation requirement, technical issues and so on. Each  of these criteria is assigned a weight depending on its importance.

Then each project is rated on a scale from 1 to 5 (it may vary). This rating is then multiplied by the weight of the criteria factor and added to other  weighted criteria scores for a total weighted score. And projects with more total weightier scores will be selected.

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Process Group   : Monitoring and Controlling
Knowledge Area : Scope Management
Process             : Scope Verification

This process evaluates the all applicable inputs (project scope statement, WBS dictionary, project scope management plan, and deliverables) to verify whether  the work is completed and the project objectives are met. In other words, the project deliverables are compared against the project scope statement and  determines all objectives are met.

This verification is performed by using inspection, which is the only tool and technique of this process.

-Posted by Dhana

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Process Group    : Initiating
Knowledge Area : Integration Management
Process             : Develop Preliminary Project Scope Statement

The project scope statement defines and documents the project objectives, deliverables, and requirements to direct the project team’s work as well setup the  sponsor’s expectation on the project.

The scope statement is an agreement between the project team and the project sponsor that states what the project will produce.

This statement will serve as a baseline for the project team’s work and will assist to monitor and compare the project deliverables during the project  execution.

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Process Group    : Planning
Knowledge Area : Time Management
Process             : Schedule Development
Type                 : Tools and Techniques

Schedule network analysis will produce the project schedule. It calculates the early and late start dates and early and late finish dates for all project activities to determine the entire project schedule.

This project schedule may or may not meet the expected project delivery date which is requested by the sponsor of the project. Usually PM will apply the  company calendar, resource calendar to determine the most realistic schedule. This is one of the most challenging & interesting part of the project  planning.

-Posted by Dhana

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Process Group    : Planning
Knowledge Area : Time Management
Process             : Schedule Development
Type                 : Tools and Techniques

Schedule compression is a form of mathematical analysis that’s used to shorten the project schedule without changing the project scope.

Compression is simply shortening the project schedule to accomplish all the activities sooner than estimated.

This will be applied after performing the CPM or PERT technique and found that project end date is beyond the original expected delivery date. The PM will  apply various Schedule Compression techniques to reduce the project schedule to meet the original expected delivery date.

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A  snapshot about the Process Group, Knowledge Area and Processes discribed in PMBOK 3.

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This is one of the Tools and Techniques of the Perform Quality Control.

Scatter diagrams use two variables, one called an independent variable, which is an input, and one called a dependent variable, which is an output. Scatter diagrams display the relationship between these two elements as points on a graph.

The important thing to remember about scatter diagrams is that they plot the dependent and independent variables and the closer the points resemble a diagonal line, the closer these variables are related.

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This is one of the Tools and Techniques of the Perform Quality Control.

Run charts are used to show variations in the process over time or to show trends in the process.

Run Charts are used by PM to perform the Trend Analysis. This will help to predict the future trends using the past historical data.

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This is one of the Tools and Techniques of the Defining Activities of Resource Planning Process.

Usually large projects consists of several subprojects, some of the subprojects may not be scheduled to be worked on until a future date. Thus WBS development for such subprojects will be at later stage where the deliverables are known clearly and more details are available. This technique is called rolling waveplanning.

Simply saying, Rolling wave planning is plan near-term work in more detail than future-term work. That is, Work in the near term is elaborated in more detail than work to performed in the future.

-Posted by Dhana

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