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| Make or Buy Analysis |
This technique involves analyzing data about product requirements and comparing the alternatives between buying and manufacturing.
Process Group | Knowledge Area | Activity |
Planning | Project Procurement Mgmt. | Plan Procurement Management |
Kailash B is a project management expert. He is passionate about helping people to excel in project and product management, become PMP certified, and progress in their management careers.
Description It is an assessment technique to identify the communication method, format, and content preferred by the stakeholders. This assessment may be used after a “stakeholder engagement assessment” to identify gaps in stakeholder engagement that require additional tailored communication activities. Communication Styles Assessment It belongs to the tool category – Interpersonal and team skills Where it is…
Description SWOT Analysis The technique that analyzes the project, option, or an organization from the following 4 sides. 1. Strengths (S) It includes the areas in which the organization or project is very good. 2. Weaknesses (W) These are the areas where the organization or the project suffers. 3. Opportunities (O) These are the avenues where…
Description It is a statistical process where a part of a population of data points (items) are chosen to inspect in order to determine the quality of the entire population. It belongs to the tool category – Data gathering Where it is Used Process Groups This tool is used in the following Process Group(s) during…
Description Flowchart It is a stepwise pictorial presentation of inputs, activities, decision points, loops, and outputs. It belongs to the tool category – Data representation Where it is Used Process Groups PlanningExecuting Knowledge Areas Project Quality Mgmt. Activities Plan Quality ManagementManage Quality Process Group Knowledge Area Activity Planning Project Quality Mgmt. Plan Quality Management Executing Manage Quality Kailash B, MBA, PMP®Copyrights Reserved…
Description Individual & Team Assessments This tool is used to help assess the strengths and weaknesses of the team members. It is an independently-used project management tool. Where it is Used Process Groups Executing Knowledge Areas Project Resource Mgmt. Activities Develop Team Process Group Knowledge Area Activity Executing Project Resource Mgmt. Develop Team Kailash B, MBA, PMP® Related Posts: SOURCE SELECTION ANALYSIS…
Description Networking It is a technique of building relationships with the stakeholders within or outside the organization. It is an important interpersonal skill that helps get the work done, get access to information & valuable resources, and gain support from key stakeholders, which otherwise would be a much more complicated affair. Some of the widely practiced networking…
