PRESENTATIONS – PMP Tools and Techniques

PRESENTATIONS – PMP Tools and Techniques

Description   A formal delivery or demonstration of information, deliverable, and documentation to an audience. It is an important part of communication management and stakeholder management. It belongs to the tool category – Communication skills Where it is Used Process Groups This tool is used in the following Process Group(s) during the project management. ExecutingMonitoring & Controlling Knowledge…

FEEDBACK – PMP Tools and Techniques

FEEDBACK – PMP Tools and Techniques

Description It belongs to the tool category – Communication skills Where it is Used Process Groups Executing Monitoring & Controlling Knowledge Areas Project Communications Mgmt. Project Stakeholder Mgmt. Activities    Manage Communications    Manage Stakeholder Engagement    Monitor Stakeholder Engagement Process Group Knowledge Area Activity Executing Project Communications Mgmt. Manage Communications Project Stakeholder Mgmt. Manage Stakeholder Engagement…

PRE-ASSIGNMENT – PMP Tools and Techniques

PRE-ASSIGNMENT – PMP Tools and Techniques

Description   It is an advance booking or recognition of project team members and resources. 1. It usually happens when bidding for a new project and identifying the team members and promised as part of the proposal to include the specific members to be part of the team. 2. It can also happen when the skill set of a…

PERFORMANCE REVIEWS – PMP Tools and Techniques

PERFORMANCE REVIEWS – PMP Tools and Techniques

Description A technique that is used to measure, compare, and analyze the quality, resource, schedule, and cost performance against the baseline or an agreement. There are four major areas of performance reviews – 1. procurement, 2. quality, 3. resources, and 4. schedule. In procurement management, it is used to measure the sellers’ performance on the contract to the date….

POLITICAL AWARENESS – PMP Tools and Techniques

POLITICAL AWARENESS – PMP Tools and Techniques

Description It concerns the recognition of power and influence in a political environment and a willingness to operate within it by planning and using appropriate communication methods. This is a very important skill used in communication management, change (integration) management, and the management of stakeholders.  A project manager is required to uncover the power, both formal & informal, within…

PARAMETRIC ESTIMATING – PMP Tools and Techniques

PARAMETRIC ESTIMATING – PMP Tools and Techniques

Description Parametric Estimating A technique that is used to calculate the cost, budget, effort,  and time (duration) based on project parameters.  Example – Let us say, you are a project manager for a project that is working on a statewide electric transmission setup. Your project requires running electric cables of 200 KM. You have a team of…

ORGANIZATIONAL THEORY – PMP Tools and Techniques

ORGANIZATIONAL THEORY – PMP Tools and Techniques

Description Organizational Theory It is used in resource management to shorten the amount of time, cost, and effort. It deals with the information on the way a team and the organization behave.  It mainly recommends the leadership style and change management while giving due consideration to the organizational structure and cultural impacts of the organizational theory when applied in…

PROJECT MANAGEMENT INFORMATION SYSTEM – PMP Tools and Techniques

PROJECT MANAGEMENT INFORMATION SYSTEM – PMP Tools and Techniques

 An information system to disseminate information about project management processes. It is an independently-used project management tool.  Where it is Used  Process Groups  Planning Executing Monitoring & Controlling Knowledge Areas Project Communications Mgmt.Project Integration Mgmt.Project Resource Mgmt.Project Risk Mgmt.Project Cost Mgmt.Project Schedule Mgmt. Activities    Estimate Costs   Estimate Activity Resources   Develop Schedule   Sequence Activities   Manage Communications   Direct and Manage Project Work …