Description  Decision Tree Analysis When there is more than one option to choose from, it is used to evaluate the best one based on the event and its probability of occurrence while all the events are presented through a tree structure.  It belongs to the tool category – Data analysis Where it is Used  Process Groups Planning Knowledge…
Description Cultural Awareness It is an interpersonal and team skill. It facilitates knowing and accepting the differences between people, groups, and organizations, and adapting to them through an effective communication strategy. It belongs to the tool category – Interpersonal and team skills Where it is Used Process Groups PlanningExecutingMonitoring & Controlling Knowledge Areas Project Communications Mgmt.Project Stakeholder Mgmt. Activities Plan Communications ManagementManage…
Description Critical Path Method It is the method used to determine the flexibility of a schedule and estimate the minimum duration of a project. It is an independently-used project management tool. Where it is Used Process Groups PlanningMonitoring & Controlling Knowledge Areas Project Schedule Mgmt. Activities Develop ScheduleControl Schedule Process Group Knowledge Area Activity Planning Project Schedule Mgmt. Develop Schedule Monitoring & Controlling…
Description Communication Skills Where it is Used Process Groups ExecutingMonitoring & Controlling Knowledge Areas Project Communications Mgmt.Project Stakeholder Mgmt. Activities Manage CommunicationsManage Stakeholder EngagementMonitor Stakeholder Engagement Process Group Knowledge Area Activity Executing Project Communications Mgmt. Manage Communications Project Stakeholder Mgmt. Manage Stakeholder Engagement Monitoring & Controlling Project Stakeholder Mgmt. Monitor Stakeholder Engagement Kailash B, MBA, PMP®Copyrights Reserved (MyPMP)
Description  Cost-benefit Analysis It is a financial analysis tool used to determine the benefits vs. cost.  It belongs to the tool category – Data analysis Where it is Used  Process Groups Monitoring & ControllingPlanning Knowledge Areas Project Integration Mgmt.Project Resource Mgmt.Project Quality Mgmt.Project Risk Mgmt. Activities Plan Quality ManagementPlan Risk ResponsesMonitor and Control Project WorkPerform Integrated Change ControlControl Resources Process Group…
Description  Cost of Quality The cost of quality is the additional investment done to maintain the standard of quality (conformance) as compared to non-conformance. It usually comprises of prevention, appraisal (measuring, auditing inspecting, testing, etc.), and failure costs (meeting requirements of product and service).  It belongs to the tool category – Data analysis  Where it is…
Description  Cost is estimated as a task item at the lower level and then it is aggregated to the higher level in the WBS. Cost of Aggregation   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…
Description  Control Chart It is used to measure the stability and predictability of the outcome or performance of a product or a system of variables. Generally, it is used to monitor cost, schedule, defect, and scope variance in project management.  It belongs to the tool category – Data representation  Where it is Used  Process Groups Monitoring &…
