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Project Management Blog
Monday, 06 August 2007 08:25

Are You a Superhero?

Are you a take charge, save the day, in control kind of person? Are you reliable, focused and straightforward?

“Alright” you say; “If that makes me a superhero then sign me up.”

Published in Blogs
Thursday, 25 January 2007 21:20

Project Human Resources

The Project Human Resource Management questions on the PMP® certification exam focus heavily on organizational structures, roles and responsibilities of the project manager, team building, and conflict resolution. The Project Human Resource Management processes include the following:

Published in Blogs
Thursday, 25 January 2007 20:56

Cost Performance Measurements

Earned Value - Earned value management is a project management technique for estimating how a project is doing in terms of its budget and schedule. It compares the work finished so far with the estimates made in the beginning of the project. This gives a measure of how far the project is from completion. Through EV the project manager can get an estimate on how much resources the project will have used at completion. “Earned Value Analysis” is an industry standard way to measure a project’s progress, forecast its completion date and final cost and provide schedule and budget variances along the way. By integrating three measurements, it provides consistent, numerical indicators with which you can evaluate and compare projects.

Published in Blogs
Thursday, 25 January 2007 20:39

Project Cost

What is a Project Cost? Each resource in the project must be accounted for and assigned to a cost category. Categories include the following:

  • Labor costs
  • Material costs
  • Travel costs
  • Supplies
  • Hardware costs
  • Software costs
  • Special categories (inflation, cost reserve, and so on)

 

Published in Blogs
Thursday, 25 January 2007 18:25

Creating a Work Breakdown Structure

A WBS identifies all the tasks required to complete the project. The focus of the WBS can be either Product (deliverable) or Project oriented, or both. WBS elements are usually numbered, and the numbering system may be arranged in various manners. If a WBS is extensive and if the category content is not obvious to the project team members, it may be useful to write a WBS Dictionary. This describes what is in each WBS element. It may also say what is not in an element. The primary purpose of the WBS is to develop or create small manageable chunks of work called work packages.

Published in Blogs
Thursday, 25 January 2007 18:17

Project Scope

Project scope management, according to the PMBOK, constitutes 'the processes to ensure that the project includes all of the work required, and only the work required, to complete the project successfully.' Project scope management has several purposes: 

Published in Blogs
Thursday, 25 January 2007 17:41

Configuration Management

Configuration management is the term given to the identification, tracking and managing of all the assets of a project; it focuses on controlling the characteristics of a product or service (also referred to as deliverables). In a general sense, configuration management consists of the following:

 

  • The documentation of the features, characteristics, and functions of a product or service
  • The applied control to restrict changes to the features, characteristics, and function of the product or service
  • The process of documenting any changes to the product or service
  • The ongoing auditing of products and services to ensure their conformance to documented requirements
  • Establishes a method to consistently identify and request changes to established baselines
  • To assess the value and effectiveness of changes
  • Provides opportunities to continuously validate and improve the project by considering the impact of each change
  • Provides the mechanism for the project management team to consistently communicate all changes to the stakeholders.

 

Configuration management activities included in the integrated change control process are:

  • Configuration Identification - Providing the basis from which the configuration of products is defined and verified, products and documents are labeled, changes are managed, and accountability is maintained.
  • Configuration Status Accounting - Capturing, storing, and accessing configuration information needed to manage products and product information effectively.
  • Configuration Verification and Auditing - Establishing that the performance and functional requirements defined in the configuration documentation have been met.

When it comes to configuration management, think paperwork. Think about all the paperwork that is involved in documenting every single component of a system deliverable and making sure that there are no changes to that deliverable, or if there are changes, that they are thoroughly documented. Configuration management is traceable. For the exam, know that all change must be screened, tracked, accepted, approved, and the development process updated thereafter.

 

Published in Blogs
Thursday, 25 January 2007 06:01

PMP Boot Camp

PMP Exam Prep Classes or Boot Camps: These cram session courses are specifically designed to fill your mind with the knowledge required to pass the test. Typically a more expensive route, but very effective at helping you beat the PMP Exam. We recommend Exam Prep Classes through ReadySetPass.com, as their classes are priced mid-range and provide project managers with more understanding of real life application than that of industry competitors. Most of these courses qualify for contact hours or PDU’s, which can be used on your application with PMI. 

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