PMP Training - Day 1 : Hotel Aditya

Presenter's name : Ramesh Chepur. Find him on Linked in.

Find out user group for PMP in Hyderabad.

Visit on the Net : PMBOK 2008.

You need to get 123 answers right, out of 175. Nearly 70%. 25 dummy questions will be there but we don't know which are dummy.

Result : Proficiency : High / Medium / Low. Even low proficiency is pass but may not have market value.
3 attempts in 12 months. Exam fee : $405. Additionally, we need to pay $129 for PMBOK downloads. ( I need to learn to activate my ICICI bank net banking prov + SBI credit card).

Pay $10 and become a local PMI body member.

Claim 60 PDU s in the next 3 years. There are 9 knowledge areas in PMP.

Take the exam before August 2011. Exam pattern is going to change.

visit
http://www.pmp.org

There is no penalty for changing the exam date.

For exam : PMBOK : read at least twice before the exam.

There are 2 books available for PMP exam preparation.

1. PMP exam guide by Kim Heldman. Rs.500/-.

2. There is also a book from Tata McGraw-Hill. Please find out from Walden or book selection centre.

Time for preparation : 50 to 75 hours of ' serious' preparation is required.

A project has 4 charactaristics. Time, Scope, Cost, and progressive elaboration.

There are 3 constraints for the project. ( Net Search : ' Constraints for the project' or 3 constraints for the project). Time , Scope and cost.

In a project, an output becomes an input to another / next activity.

Identifying the stake holders is essential for project's success.

There are 3 types of organizations.
1.Functional org
2.Matrix Org ( which has rows and columns)
3. Projectised org.

Authority of a project manager is weak / balanced/ strong - respectively - in the above mentioned org s.

Almost 99% of all I.T. organizations are projectised organisations.

' Projectised Org' has the least communication gaps.
(Test)
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PROJECT MANAGEMENT PROCESS
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Output defines the process.

A ' Phase' may contain many processes.

PDCA : Plan, Do, check, Act.

'Project Charter' is the approval issued by the sponsor.

PROJECT INTEGRATION MANAGEMENT
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In project integration management, all the 5 process groups are involved. In no other knowledge area, all the 5 process groups are involved.

In Execution, my ' project management plan' forms the basis !

Total number of processes in Project Management Processes' : 42.

Initiation : 2
Planning :20.
Execution : 8.
Monitoring and contorl : 10.
Closing : 2.

A Project Manager does only 10% of all the active work. The rest is communication.

Net Search : ' Scope Management during the project'.

TO DO :
1.More learning on ' Project Scope'. All the I.T/ Software johnnies understood this. I could not !
2.Refer to the page no.350 of PMBOK book. Project Document. Project Management Plan context.

' Any change request / defect repair request should be approved by the Change Control Board (CCB). '
JAD : Joint Application Development. By both the client and the vendor. This is done mostly, but not confined to , military.

Net Search : Organizational Process Assets'.
Net Search : Project Management Jokes

SCOPE means , ' doing all the work and the only work'.
WBS : Work Break down structure.
Scope Baseline : It's the most important. It has 3 documents.
1.WBS. 2.WBS Dictionary. & 3. Scope Statement ( net search, this ! )

Performance Breakdown Structure : (a) Schedule baseline (b) Cost baseline (c) quality baseline.

There are 4 breakdown structures in a project

1. Work Breakdown Structure.
2.REquirement breakdown structure.
3.Organizational Breakdown structure.
4.Risk breakdown Structure.

Cost baseline, performance & schedule baseline - are the most important to the senior management. ( Test)

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Net Search : Project Management Tools.
There are 3 kinds of dependencies. (a) mandatory dependency (b) discretionary dependency & (c) discretionary dependency & (d) external dependency.

PROJECT ESTIMATES :
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There are 4 kinds of estimates for project estimates.
1.(rough) order of magnitude method.
2.Analogous Estimate.
3. Parametric Estimate
4.Bottoms up estimate. &
5. ' Weighted Average Estimate or PERT or 3 point estimate'.

Accuracy : will increase from method 1 to 4. But so will, time and money.

Difference between Lag and delay. Lag means, a delayed start. Delay means, late in completing the work.

PERT formula : O + ( 4*M)+P
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Where
O is optimistic estimate.
M is most likely outcome
P is pessimistic estimate

The result is always closer to the ' most likely.

Obs : This trainer speaks in a low and steady voice and is not tired at the fag end of the day. Maintains the same energy.

Critical path method : Shortest duration of time for the project is the longest path on the critical path.

Float or slack indicated a non critical activity. Postive difference between the early start and late finish is - float. Where there is zero float or slack, the task is ' non criticial'.

Important :
visit this web site ;

http://www.deltek.com - for ' MOnte Carlo method of analysis. Critical Path method.

More net search on : Earned value management system.

( Day 1 training is over : made quite a lot of notes ! )

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