HISTORICAL INFORMATION REVIEW – PMP Tools and Techniques

HISTORICAL INFORMATION REVIEW – PMP Tools and Techniques

Description Historical Information Review It is a process of reviewing the data from the project files, records, correspondence, closed contracts, and closed projects.  It is an independently-used project management tool.  Where it is Used  Process Groups Planning Knowledge Areas Project Cost Mgmt. Activities Determine Budget  Process Group Knowledge Area Activity Planning Project Cost Mgmt. Determine Budget   Kailash B, MBA, PMP®Copyrights Reserved (MyPMP)

INDIVIDUAL AND TEAM ASSESSMENTS – PMP Tools and Techniques

INDIVIDUAL AND TEAM ASSESSMENTS – PMP Tools and Techniques

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®

GROUND RULES – PMP Tools and Techniques

GROUND RULES – PMP Tools and Techniques

Description Ground Rules These are basic rules related to the acceptable behaviors as expected from the team members of the project.  It is an independently-used project management tool.  Where it is Used  Process Groups Executing Knowledge Areas Project Stakeholder Mgmt. Activities Manage Stakeholder Engagement  Process Group Knowledge Area Activity Executing Project Stakeholder Mgmt. Manage Stakeholder Engagement  Kailash B, MBA, PMP®Copyrights Reserved (MyPMP)

FUNDING LIMIT RECONCILIATION – PMP Tools and Techniques

FUNDING LIMIT RECONCILIATION – PMP Tools and Techniques

Description Funding Limit Reconciliation It is the comparison between the planned expense limits and the commitment of funds during a specific time period.   It is an independently-used project management tool.   Where it is Used   Process Groups   Planning   Knowledge Areas   Project Cost Mgmt.     Activities   Determine Budget   Process Group…

FINANCING – PMP Tools and Techniques

FINANCING – PMP Tools and Techniques

Description   Financing It is about acquiring the required funding for the project in order to sustain it throughout its life cycle.  It is an independently-used project management tool.  Where it is Used  Process Groups Planning Knowledge Areas Project Cost Mgmt. Activities Determine Budget  Process Group Knowledge Area Activity Planning Project Cost Mgmt. Determine Budget   Kailash B, MBA, PMP®Copyrights Reserved (MyPMP) 

EXPERT JUDGMENT – PMP Tools and Techniques

EXPERT JUDGMENT – PMP Tools and Techniques

Description Expert Judgement It is the judgment provided on the basis of one’s expertise in a specific area. It is one of the most widely used tools in project management.  It is an independently-used project management tool.   Where it is Used  Process Groups InitiatingPlanningExecutingMonitoring & ControllingClosing Knowledge Areas Project Integration Mgmt. Project Procurement Mgmt. Project Risk Mgmt. Project Stakeholder…

DESIGN FOR X – PMP Tools and Techniques

DESIGN FOR X – PMP Tools and Techniques

Description Design for X Design for X (DfX) is a set of technical guidelines that may be applied during the design of a product for the optimization of a specific aspect of the design.  It is an independently-used project management tool.   Where it is Used  Process Groups  Executing  Knowledge Areas  Project Quality Mgmt.  Activities  Manage Quality   Process Group Knowledge Area Activity Executing…

DEPENDENCY DETERMINATION AND INTEGRATION – PMP Tools and Techniques

DEPENDENCY DETERMINATION AND INTEGRATION – PMP Tools and Techniques

Description Dependency Determination and Integration One activity may be dependent on one or more other activities. This is known as dependency. It can be mandatory or discretionary and internal or external.  It is an independently-used project management tool.   Where it is Used  Process Groups Planning  Knowledge Areas Project Schedule Mgmt.  Activities Sequence Activities   Process Group Knowledge Area Activity Planning Project Schedule Mgmt….