... anticipated.It is the purpose of costmanagement to prevent this. Project Life Cycle and Project Cost Lately, it has become important to consider the cost of the project for thefull useful life ... Considering the cost ofthe project as delivered, the ‘‘spaghetti coded’’ project will be less costly.Considering the life cycle cost of the project, however, this approach will bemore costly. This ... be determined by the cost of the project; but the cost of the project is a very real consideration in making sure that the project benefits are high enough to justify the cost. The scope baseline...
... The Exam Objectives Behind every certification exam, you can be sure to find exam objectives—the broad topics in which the exam developers want to ensure your compe-tency. The official PMPexam ... historical information in several project processes. FIGURE 2.7 Project Communications Management Project Risk Management Project Risk Management (see Figure 2.8) contains six ... 12.22. B. The ProjectManagement Knowledge Areas bring processes together that have commonalities. For example, Project Integration Management consists of the Project Plan Development, Project Plan...
... Initiating the Project FIGURE 2.3 Project Time Management Project Cost Management As its name implies, the Project CostManagement knowledge area (see Fig-ure 2.4) centers around costs ... Planning, Cost Estimating, Cost Budgeting, and Cost Control. The activities in the ProjectCostManagement knowledge area establish estimates for costs and resources and keep watch over those costs ... on your decision to study for and take the Project Management Institute (PMI đ )s ProjectManagementProfessional (PMP đ ) certification exam. This book was written with you in mind....
... Initiating the Project FIGURE 2.3 Project Time Management Project Cost Management As its name implies, the Project CostManagement knowledge area (see Fig-ure 2.4) centers around costs ... Planning, Cost Estimating, Cost Budgeting, and Cost Control. The activities in the ProjectCostManagement knowledge area establish estimates for costs and resources and keep watch over those costs ... CAwww.sybex.com 50 Chapter 2 Initiating the Project FIGURE 2.8 Project Risk Management Project Procurement Management The Project Procurement Management knowledge area (see Figure...
... management, scope man-agement, time management, cost management, quality management, human resources management, communications management, risk management, and contracts and procurement management, ... Variable cost of project 4 8 12 16 20 24 Time in months 0 9618$$ INTR 09-06-02 14:58:36 PS14 Preparing for the ProjectManagementProfessional Certification Exam The Project Life Cycle Projects ... doing the project. At this phase of the project there is little known about the project. Project Processes In the Guide to the ProjectManagement Body of Knowledge, the basic project management...
... 09-06-02 14:59:01 PS56 Preparing for the ProjectManagementProfessional Certification Exam the start of the project and the finish of the project. An event is a project activity that has zero duration ... be determined by the cost of the project; but the cost of the project is a very real consideration in making sure that the project benefits are high enough to justify the cost. The scope baseline ... Preparing for the ProjectManagementProfessional Certification Exam ties can be used to facilitate this, or the relationships can be changed com-pletely. For example, suppose the project is to...
... the ProjectManagementProfessional Certification Exam Table 5-4. Worst-case and best-case situations. Risk Event Impact Probability Expected Value Project cost מ2,000,000 מ2,000,000 Project ... PS134 Preparing for the ProjectManagementProfessional Certification Exam manage the risk of the project. There are several inputs to the risk planning process. The overall project plan is a major ... man-agement of the project. Projects work best when the environment around them is organized in a way that is good for project management. The matrix organization is best for project management, ...
... PMP examination. They are from the ProjectManagementProfessional (PMP) Role Delineation Study, published by the ProjectManagement Insti-tute. Task 1 ‘‘Ensure individual integrity and professionalism ... the ProjectManagementProfessional Certification Exam Figure 7-2. Customer and supplier risk. Low Risk Customer High Risk FFP FPI FP + Award Cost Cost Sharing Cost + FF Fixed Price Cost ... the ProjectManagementProfessional Certification Exam Figure 8-1. The importance of communications management (survey of project managers). Which of the following do you consider important project...
... influence on the PMP exami-nation. The ProjectManagementProfessional (PMP) Role Delineation Study was begun in 1999 to help define the roles and responsibilities of project management professionals. ... a project, a project manager takes on the responsibility of providing qualified professional service. No project manager should take on CHAPTER 10What Is the PMPExam Like? The ProjectManagement ... Team-Flyđ 222 Preparing for the ProjectManagementProfessional Certification Exam project reports to provide timely and accurate project status and decision support information...