-
When Reality Hits - Project Managers Roll With It
February 11, 2012
-
When IT Is Your Company’s “Piggy Bank”
February 10, 2012
-
4 Key Things a Project Manager Must Do
February 10, 2012
-
Essential Project Management
February 10, 2012
-
8 Traits of Top Project Managers - Part 1
February 9, 2012
-
Agile Project Management - Engaging Your Customer!
February 9, 2012
-
9 Tips to Avoid Traps in Project Planning
February 9, 2012
-
Why Projects Succeed - Executive Sponsorship
February 8, 2012
-
On Customer Participation in Agile Projects
February 8, 2012
-
A Project Charter for Lazy Teams
February 8, 2012
Project Management Framework (Fundamentals) for PMP Certification Exam Preparation
August 15, 2008 | Author: PM Hut | Filed under: Certification, PMP, Project Management Definitions
Project Management Framework (Fundamentals) for PMP Certification Exam Preparation
By Aditya Chinni
- A Project is Temporary endeavor that produces Unique product or service in a non-repetitive way that elaborates progressively.
- Operational Works are quite opposite in nature to Projects. They are continuous, and repetitive work and never produces a unique product.
- Project management is the application of knowledge, skills, tools, and techniques to project activities in order to meet project requirements
- A Program is group of related Projects Managed in a coordinated way. A Portfolio is group of associated Programs, Projects and other works to achieve strategic business goals. Larger Projects are divided in to more manageable sub projects
- PMO, Project Management Office or Program Management Office is an organizational structure used to oversee management of projects. It also can be used to provide reports, as a mentoring group for other project managers.
- Projectized, Matrix and Functional are different types of Organizational structures. Matrix organizations can be weak Matrix (Leaning towards functional) or Strong Matrix (leaning towards projects) or Balanced Matrix.
- Project stakeholders are individuals or units those are directly or indirectly affected by Project outcomes. Sponsors, customers, users, performing organizations, project team members and influencers are stakeholders.
- At the end of each project phase, reviews against a set of metrics are performed. If the project fails to meet these metrics, the project may not be allowed to continue. These phase end reviews are called Stage gates or Phase exits.
- Project Management process is iterative and cyclic. 4 steps in the process are “Plan”, “Do”, “Check”, Act”.
- Projects or Subprojects can be divided into discrete Phases to provide better management control or to assign specific skilled groups. For example in a small construction project “Painting Phase”.
- Product life cycle span is much bigger than that of a Project. Organizations run many “Projects” with in a “Product”.
- Organizational cultures and styles will impact projects too.
- At the beginning of the Project, Costs are low and Risks are High. Those percentages change as Project progresses. At the end Costs reach maximum and Risks will be zero
- Project documents: PMBOK suggest managers to produce at-least 3 major documents for each project
- Project Charter
- Project Scope Statement
- Project Management Plan. (Notice, MS Project Plan is just one section of the bigger document)
Aditya Chinni, PMP is seasoned project manager has been managing projects for over fourteen years and has numerous E-Commerce & technology projects under his belt
As a registered Project Management Professional (PMP), Aditya shares his experience in project management through PMP Prep training and conference presentations, blogs and white papers.
You can visit his training website at http://www.certschool.com.
Related Articles
- Conducting Effective Meetings - Part 2 – Planning and Preparation
- Supporting Frameworks for Successful Program Management - Introduction
- Supporting Frameworks for Successful Program Management - Audits
- The Fundamentals of Project Management: Getting Back to the Basics
- Why You Should Get Your PMP Certification
No comments yet.
feel free to leave a comment
Comment Guidelines: Basic XHTML is allowed (a href, strong, em, code). All line breaks and paragraphs are automatically generated. Off-topic or inappropriate comments will be edited or deleted. Email addresses will never be published. Keep it PG-13 people!
XHTML: You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>
All fields marked with " * " are required.
- Agile Project Management
- Ask the Hut
- Certification
- Change Management
- Communications Management
- Computer Based Information Systems
- Concepts
- Corporate Transformation
- Cost Management
- Critical Chain Project Management
- Delegation
- History
- HR Management
- Implementing Project Management
- Integration Management
- Lessons Learned
- Management
- Miscellaneous
- People Issues
- PMBOK
- PRINCE2
- Procurement Management
- Program Management
- Project Lifecycle Phases
- Project Management Advantages
- Project Management Advantages
- Project Management as a Career
- Project Management Best Practices
- Project Management Charts
- Project Management Definitions
- Project Management Ethics
- Project Management for Beginners
- Project Management Guides
- Project Management Musings
- Project Management Office
- Project Management Proposals
- Project Management Templates
- Project Portfolio Management
- Project Workforce Management
- Quality Management
- Requirements Management
- Risk Management
- Scheduling
- Scope Management
- SCRUM
- Soft Management
- Time Management
- Training
- Uncategorized