Notes From Skllisoft
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1. Scope Creep= unmanaged Changes. 2. Change request can result from following executing process;- Direct and manage project work Conduct procurement Manage stakeholder engagement. 3. Risk strategy can be utilized both negative and positive is – accept. 4. The contract is only an input to develop project charter process when project is being completed for an external customer. 5. Workaround is response to negative project risks that materialize but has not been identified or planned for in advance. 6. Configuration Management system = Version control. :- identify characteristic, control changes, documenting and auditing changes. 7. The change control system is subset of the overall configuration management system. 8. Predictive life cycle – water fall 9. Project life cycle Phase- Research-design-Production-wrap up. 10. Each Phase contains all 5 process group. 11. PMI found in 1969 12. The resourced constraint Critical Path is known as Critical Chain. 13. The critical chain method uses activities with durations that do not include safety margins, logical relationships, and resource availability 14. Project buffer:-One buffer, placed at the end of the critical chain. 15. Crashing shorten the schedule duration for the least incremental cost by adding resources. 16. Fast tracking in which activities or phases normally done in sequence are performed in parallel for at least a portion of their duration. 17. In vertical dimension of communication – communication goes up or down the organization. 18. Referral Power- another person is influence and likes you. Influence and lead other via virtue of influence or charisma
description
PMP
Transcript of Notes From Skllisoft
1. Scope Creep= unmanaged Changes.2. Change request can result from following executing process;- Direct and manage project work Conduct procurement Manage stakeholder engagement.3. Risk strategy can be utilized both negative and positive is accept.4. The contract is only an input to develop project charter process when project is being completed for an external customer.5. Workaround is response to negative project risks that materialize but has not been identified or planned for in advance. 6. Configuration Management system = Version control. :- identify characteristic, control changes, documenting and auditing changes.7. The change control system is subset of the overall configuration management system.8. Predictive life cycle water fall9. Project life cycle Phase- Research-design-Production-wrap up.10. Each Phase contains all 5 process group.11. PMI found in 196912. The resourced constraint Critical Path is known as Critical Chain.13. The critical chain method uses activities with durations that do not include safety margins, logical relationships, and resource availability14. Project buffer:-One buffer, placed at the end of the critical chain.15. Crashing shorten the schedule duration for the least incremental cost by adding resources.16. Fast tracking in which activities or phases normally done in sequence are performed in parallel for at least a portion of their duration.17. In vertical dimension of communication communication goes up or down the organization.18. Referral Power- another person is influence and likes you. Influence and lead other via virtue of influence or charisma 19. Email communication is considered informal written communication.20. Rough order of magnitude -25% to +75%. Definitive estimate -5% to +10%21. Change control system is a subset of overall configuration management system.22. When as a buyer you are clear of the scope and statement of work - the contract choice should be Fixed-price.23. Stages of project Life cycle-Starting-Organizing and preparing carrying out work-closing.24. Uncertainty and risk of failure are at highest level at starting stage and lowest at closing stage.25. Product life cycle-Product inception Market introduction-market growth-market maturity-sales decline.
