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Month: May 2017

Education Edge PMP Decoded Day 27, 28 and 29 Procurement Knowlede Area

Procurement Knowledge Area Summary §  Procurement Statement of Work (SOW) is a legal document subject to legal reviews, legal advise should be sought throughout the whole procurement process §  sellers are external to the project team §  need to go through all 4 processes for each and every procurement §  contract elements: offer (seller offer buyer), acceptance (buyer criteria), capacity (physical/financial capabilities), consideration (seller receive), legal…

Education Edge PMP Decoded – 30 Day Sprint – Project Stakeholder Management

Project Stkeholder Summary   §  stakeholders are groups/individuals who may affect / be affected by the project §  identify stakeholders is a continually process throughout the project lifecycle §  identify stakeholders, communicate and engage them, manage expectations and focus on satisfaction §  stakeholder satisfaction is a key project objective §  the Project Manager is responsible for the engaging and…

Education Edge PMP Decoded 28 Day Sprint – Project Risk Management

Risk Knowledge Area Summary §  risk identification, management and response strategy impacts every area of the project management life cycle §  everyone is responsible for identifying risks §  risk has one or more causes and has one or more impacts §  risk = uncertainty; risk management: increase the probability of project success by minimizing/eliminating negative risks (threats) and increasing…

Education Edge PMP PREP 28 Day Sprint – Project Communication Management

Project Communication Summary   §  assure the timely collection, generation, distribution, storage, retrieval and ultimate disposition of project information §  very important to the ultimate success of the project §  message transmission: 7% in word, 38% in vocal pitch, 55% in body language (Albert Mehrabian) §  don’t wait to communication good/bad news §  the sender has the responsibility to ensure the…

Education Edge PMP Decoded – 28 Day Sprint – Project HR Management (Day 15, 16, 17)

Plan Human Resource Management   Something very important from exam standpoint – Sexism, racism or other discrimination should never be tolerated, no matter what the circumstances. You must separate your team from discriminatory practices, even if those practices are normal in the country where you’re working.   Human Resource Processes:          1.1 Plan Human Resource…

Education Edge PMP Decoded, 28 day Sprint – Project Quality Management

Some Quality Review Points   §  everyone in the organization is responsible for the quality (project team for destined parts while PM for project quality), PM is ultimately responsible for the project quality §  prevention over inspection §  outliers are singular measurements outside the control limits §  continuous improvement to ensure quality (quality assurance) §  some costs…

Education Edge- PMP Decoded 28 Days Sprint Day 7,8 and 9 – Project Time Management

Project Time Management 1.1 Define Activities 1.2 Sequence Activities 1.3 Estimate Activity Resources 1.4 Estimate Activity Durations 1.5 Develop Schedule 1.6 Control Schedule   Plan Schedule Management §  define policies, procedures and documentation for managing and controlling project schedule §  including scheduling methodology, tools, level of accuracy, control thresholds (limit beyond which preventive/corrective actions needed), rules of performance measurement (e.g. earned…

Education Edge PMP Decoded – 28 Days Sprint – Project Scope Management (Day 4, 5 and 6)

Project Scope Management §  ensure the inclusion of all and only the work required to complete the project successfully §  Product Scope – requirements needed to be fulfilled to create the product, assessed against the product requirements and WBS §  Project Scope – activities and processes needed to be performed to deliver the product scope, assessed against the scope baseline (scope statement,…

Education Edge PMP Exam Decoded – Integration Course Outline

Guidelines for Integration Knowledge Area   Education Edge Presents “PMP DECODED”  Program Vision and Mission: PMP Certified Values that we will demonstrate: Hardwork, Diligence and Productive behavior. Most importantly accountability towards self. Goal: Getting ready for Education Edge 200 Question Exam on May 20 2017 Duration: 21 days Folks – Here are some guidelines that you may use to maximize…