Project Management Methodologies - Mind Map
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Transcript of Project Management Methodologies - Mind Map
Project Management
Methodologies
History of
Project Management
Standards
PMP
(Project Management
Professional)
PRINCE2
(Projects in Controlled
Environment)
PMP was developed by
PMI(Project Management
Institute -USA) in 1984
and the first PMBOK was
released during this Time
PRINCE2 was launched in
1996 under the
sponsorship of UK
Govt.The copyright of
PRINCE2 is with OGC(UK)
Management
Process Groups
of PRINCE2
1 -Starting up a Project
3- Directing a Project
2-Initiating a Project
4- Controlling a Stage
5- Managing
Product Delivery
6- Managing a
Stage Boundaries
7- Closing a Project
PRINCE2 Core
Principles
1 -Continued business justification
2 - Manage by exception
3 - Learn from experience
4- Defined roles and
responsibilities
5- Manage by stages
6 -Focus on products
7 -Tailoring
Management
Process Groups
of PMP
1- Initiating.
2 -Planning.
3- Executing.
4-Monitoring
and Controlling.
5 -Closing.
PMP Knowledge
Areas
1-ProjectIntegration
Management
2.-Project Scope Management
3 -Project Time Management
4 - Project Cost Management
5-Project Quality Management
6- Project Human Resource
Management
7- Project Communications
Management
8 -Project Risk Management
9-Project Procurement
Management
10-Project Stakeholder
Management
Documents for
Project Management
Project Charter
Risk Register
Issue Log
Quality Register
Lessons Learnt Log
Daily Log
Project Schedule
WBS
Mindmaps
RCA(Ishikawa Diagram)
Organisational Structure
Change Management
Project Signoff
Critical Success
Factors
Of a Project
Well defined Scope
Budget allocation on Time
No overlapping of
Resources
Hardware avalability
SOW matching Stakeholder
expectations
Freezed SOW
Approved Project Schedule
Well designed HLD,LLD
Well designed Risk analysis Process
Phases of Project
1-Project Kickoff Meeting
2-Project Charter Signoff
3-Project SOW Signoff
4-Project Schedule Signoff
5-Project Closure
6-Project Sign Off
Risk Analysis
Quantitative
(Numerical analysis)
Qualitative
(Prioritizing Risks
based on Impact x
Probability of
Occurrence)
- Tornado Diagram
- Expected Monetary Value
Analysis(EVM)
- Decision Tree Analysis
- Monte Carlo Analysis
- Probability x Impact Matrix
Risk Techniques:
- Accept
- Avoid
- Mitigate
- Transfer
The Author Wajahat Iqbal holds the Copyright of this document(March 2016) and it can be shared/published as long as credit is given to the author.
The Source of this Information is Author experience in Project Management and Internet repositories. Any Error is regretted