... the point where the benefits of doing the project outweigh the cost of doing the project when compared to not doing the project at all. The point on the horizontal time axis is the point in time ... the project or to stop work on it. The points between the beginning and the end of the project vary considerably depending on the type of business and the specific project being done. During ... project life cycle in terms of process groups. These are: initiating processes, planning processes, executing processes, controlling processes, and closing processes. In a project s initial phase,...
Ngày tải lên: 21/06/2014, 14:20
... lose in the carrying out of the project. The project team, the customer, the management of the supplying company, and many others are all stakeholders. The project manager must have input into ... date, crashing or fast tracking must be used. Crashing a schedule is doing anything at all to reduce the scheduled completion of the project. Examples of crashing would include reducing the scope ... of the project, adding addi- tional resources for selected activities, eliminating activities, and changing the process to eliminate steps. Fast tracking is a special case of crashing. In fast...
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Preparing for the Project Management Professional Certification Exam_5 potx
... meeting in- creases at a diminishing rate. The cost of additional people in a meeting continues to increase in a linear fashion, and very soon the benefit of addi- tional people at a meeting ... take place in meetings. Transcribing tape re- cordings of meetings is generally time consuming and less effective than good note taking. Distribute the minutes within one day. Each meeting should ... be a way of organizing and documenting the risks. In the beginning of the project the risks may only be identified. Later in the project, additional information will be continuously added to...
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Preparing for the Project Management Professional Certification Exam_7 pdf
... Few lines are an indica- tion of the inhibitions of individuals in the meeting. A good meeting would show lines between each individual in the meeting and every other individual in the meeting. ... of understanding Receiver Sender Channel Message decoding, and understanding Thinking and encoding Feedback Perceiving, Channel Transmitting This is the process of moving the message ... Role Delineation Study, published by the Project Management Insti- tute. Task 1 ‘‘Ensure individual integrity and professionalism by adhering to legal re- quirements and ethical standards in order...
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Preparing for the Project Management Professional Certification Exam_8 pot
... documented project management in- struction Joining PMI Today the cost of joining PMI and becoming a PMP are very close to the same as becoming a PMP without joining PMI. The benefits of joining PMI ... ‘‘Obtain project plan approval by reviewing the plan with the client and other required stakeholders to confirm project baselines prior to proceeding with project executing proc- esses.’’ Domain ... Strategic planning. b. Contingency planning. c. Detailed planning. d. Management by objectives. 9618$$ CH10 09-06-02 15:00:10 PS 230 Preparing for the Project Management Professional Certication...
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Preparing for the Project Management Professional Certification Exam_11 doc
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Preparing for the Project Management Professional Certification Exam_12 pdf
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Preparing For The Project Management Professional Certification Exam_4 pdf
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Project Management Professional-Chapter 19b (Answer key)
... PROFESSIONAL RESPONSIBILITY 1. Answer: c There should be a change procedure in the project to handle changes that might be initiated by customers. The change procedure should include ... for managing the change and the cost of developing the estimate for the effects of the change. 2. Answer: c Estimating is just that, an estimating process. Perhaps it would have been better for the project ... practical. 3. Answer: b In this kind of situation it is important that the customs and culture in the foreign country be respected. By consulting with your company’s management, the gift can...
Ngày tải lên: 17/10/2013, 22:15
Project Management Professional-Chapter 20
... distribution is of value in project management because there are many situations in risk management where there are two possible outcomes, success and failure. In order to use the binomial distribution, ... Distribution The beta distribution is used frequently in project management since it closely resembles the phenomena in cost and scheduling. The beta probabil- ity distribution is bell shaped ... deviation=5 Mean=22 Mean=22 being correct in our estimate. As in all probability distribution curves, the area under the curve between the two points we are interested in compared to the total area...
Ngày tải lên: 20/10/2013, 16:15
Project Management Professional-Chapter 21
... 4–5 Project Management Institute (PMI), 1 Project Management Institute (PMI) ex- amination, 218–219 closing project domain of, 222–223 controlling project domain of, 222 executing project domain ... of, 221–222 initiating project domain of, 219–220 planning project domain of, 220–221 professional responsibility domain of, 223–224 project management office, 12 project managers in balanced ... planning and controlling project costs and schedules. Project management team. The members of the project team who are directly involved in project management activities. On some smaller projects,...
Ngày tải lên: 20/10/2013, 17:15
Project Management Professional-Chapter 1
... such a thing. It is generally considered that investing in U.S. Treasury bills is a risk-free investment. Generally speaking, however, investing in the projects of a company and taking advantage ... over time. Projects that have more cash flowing into the organization than cash flowing out of the organization are good projects. In most projects it is necessary to make an investment in the project ... products. So, initially the project is broken up into a group of subprojects. These subprojects are further broken down into sub-subprojects, and so on. In this way the largest project we can imagine could...
Ngày tải lên: 24/10/2013, 15:15