... 326 Preparing for the ProjectManagementProfessional Certification ExamThe first work of the project is done on May 1, and the last work of the project is finished on May 20.7. Answer: ... the operating budget of the project. The total project budget contains the operating project budget or baseline, contingencyreserve, and the management reserve. The project budget baseline is ... influ-ence the duration of most activities and the project itself. 9618$$ CH21 09-06-02 15:01:00 PS 330 Preparing for the ProjectManagementProfessional Certification ExamResource capabilities....
... of stakeholders involved on a typical project. FIGURE 1.1 Project stakeholders Project Project Manager Project SponsorStakeholders Project Manager Project SponsorCustomerBoard of DirectorsExecutive ... with the project. Matrix organizations allow project managers to focus on the project and project work just like in a projectized organization. The project team is free to focus on the project ... 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...
... London PMP đ : Project Management Professional Study Guide Kim Heldman Copyright â2002 SYBEX, Inc., Alameda, CAwww.sybex.com 10 Chapter 1 What Is a Project? After a budget ... 24 Chapter 1What Is a Project? Project Management Processes Project management processes, according to the Guide to the PMBOK, organize and describe the work of the project. These processes ... historical information in several project processes. FIGURE 2.7 Project Communications Management Project Risk Management Project Risk Management (see Figure 2.8) contains six...
... đ : Project Management Professional Study Guide Kim Heldman Copyright â2002 SYBEX, Inc., Alameda, CAwww.sybex.com 6 Chapter 1 What Is a Project? What Is Project Management? ... with the project. Matrix organizations allow project managers to focus on the project and project work just like in a projectized organization. The project team is free to focus on the project ... CAwww.sybex.com 46 Chapter 2 Initiating the Project FIGURE 2.3 Project Time Management Project Cost Management As its name implies, the Project Cost Management knowledge area (see Fig-ure...
... estimate.4. A project manager and the project team identify several specific risks ina project. The expected value of these risks is estimated at $10,000. The255 258 Preparing for the ProjectManagement ... Preparing for the ProjectManagementProfessional Certification Examimpact on the project brought about by these risks is estimated at$40,000. What value should be entered into the management reservefor ... the project b. Time phased budget for the project c. Total budget for the project including the contingency budgetd. Total budget for the project including the contingency budget andthe management...
... 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 ... management, scope man-agement, time management, cost management, quality management, human resources management, communications management, risk management, and contracts and procurement management, ... approach to finding a way to look at the projectmanagement process uses the systems management approach to project management. By this we mean that projectmanagement is a proc- 9618$$ INTR 09-06-02...
... speakto the stakeholders, but the project impacts and plan for the correction shouldcome first.6. Answer: cIt is usually in the best interest of the project if the project team decides mattersof ... PROFESSIONAL RESPONSIBILITY1. Answer: cThere should be a change procedure in the project to handle changes that mightbe initiated by customers. ... the customs and culture in theforeign country be respected. By consulting with your company’s management, the gift can usually be accepted and disposed of in the proper way.4. Answer: cUnless...
... two possible outcomes.This particular distribution is of value in projectmanagement becausethere are many situations in risk management where there are two possibleoutcomes, success and failure.In ... PROBABILITYDISTRIBUTIONSIn the discussion so far, I have tried to sound less like a statistician andmore like a projectmanagement practitioner. The material I have coveredhere is mainly practical. But there are ... discussif we are going to use any of the many statistical packages that are availablefor project management. Many of these software packages require makingdecisions on the type of distributions...
... Principles of Management Science. Englewood Cliffs,NJ: Prentice-Hall. Project Management Institute. 2000. ProjectManagementProfessional (PMP)Role Delineation Study. Newtown Square, PA: ProjectManagement ... the project team who aredirectly involved in projectmanagement activities. On some smallerprojects, the projectmanagement team may include virtually all of the project team members. Project ... ProjectManagement In-stitute. Project Management Institute Standards Committee. 2000. A Guide to the Project Management Body of Knowledge. Upper Darby, PA: Project Management Institute.Sashkin,...