... doing the project. At this phase of the project there is little known about the project. Project Processes In the Guide to the ProjectManagement Body of Knowledge, the basic project management ... management, scope man-agement, time management, cost management, quality management, human resources management, communications management, risk management, and contracts and procurement management, ... approach to finding a way to look at the projectmanagement process uses the systems management approach to project management. By this we mean that projectmanagement is a proc- 9618$$ INTR 09-06-02...
... a project is not able to produce everything that is needed to complete the project. When this occurs the project manager becomes the CHAPTER 9 Professional Responsibility The ProjectManagement ... completed successfully in spite of the project manager. According to the Guide to the ProjectManagement Body of Knowledge, communications management in projects is the process required to ensure ... the ProjectManagementProfessional Certification Exam Figure 8-1. The importance of communications management (survey of project managers). Which of the following do you consider important project...
... with the project. Matrix organizations allow project managers to focus on the project and project work just like in a projectized organization. The project team is free to focus on the project ... đ : Project Management Professional Study Guide Kim HeldmanCopyright â2002 SYBEX, Inc., Alameda, CAwww.sybex.com 6 Chapter 1 What Is a Project? What Is Project Management? ... CAwww.sybex.com 46 Chapter 2 Initiating the Project FIGURE 2.3 Project Time Management Project Cost Management As its name implies, the Project Cost Management knowledge area (see Fig-ure...
... with the project. Matrix organizations allow project managers to focus on the project and project work just like in a projectized organization. The project team is free to focus on the project ... of stakeholders involved on a typical project. FIGURE 1.1 Project stakeholders Project Project Manager Project SponsorStakeholders Project Manager Project SponsorCustomerBoard of DirectorsExecutive ... CAwww.sybex.com 50 Chapter 2 Initiating the Project FIGURE 2.8 Project Risk Management Project Procurement Management The Project Procurement Management knowledge area (see Figure...
... 326 Preparing for the ProjectManagementProfessional Certification ExamThe first work of the project is done on May 1, and the last work of the project is finished on May 20.7. Answer: ... the operating budget of the project. The total project budget contains the operating project budget or baseline, contingencyreserve, and the management reserve. The project budget baseline is ... influ-ence the duration of most activities and the project itself. 9618$$ CH21 09-06-02 15:01:00 PS 330 Preparing for the ProjectManagementProfessional Certification ExamResource capabilities....
... estimate.4. A project manager and the project team identify several specific risks ina project. The expected value of these risks is estimated at $10,000. The255 258 Preparing for the ProjectManagement ... Preparing for the ProjectManagementProfessional Certification Examimpact on the project brought about by these risks is estimated at$40,000. What value should be entered into the management reservefor ... the project b. Time phased budget for the project c. Total budget for the project including the contingency budgetd. Total budget for the project including the contingency budget andthe management...
... speakto the stakeholders, but the project impacts and plan for the correction shouldcome first.6. Answer: cIt is usually in the best interest of the project if the project team decides mattersof ... Answer: aThe first thing that should be done is to look for tasks in the project wherethere is an ability to reschedule to free resources for this problem. If the problemis severe and additional ... PROFESSIONAL RESPONSIBILITY1. Answer: cThere should be a change procedure in the project to handle changes that mightbe initiated by customers....
... two possible outcomes.This particular distribution is of value in projectmanagement becausethere are many situations in risk management where there are two possibleoutcomes, success and failure.In ... PROBABILITYDISTRIBUTIONSIn the discussion so far, I have tried to sound less like a statistician andmore like a projectmanagement practitioner. The material I have coveredhere is mainly practical. But there are ... discussif we are going to use any of the many statistical packages that are availablefor project management. Many of these software packages require makingdecisions on the type of distributions...