14
[email protected] my.linkedin.com /in/ maywongmeiching 1 May Wong, PMP taking a smaller BITE of PMP CHAPTER 1 PART 2 a PMP-BITE series Image courtesy of Stuart Miles / FreeDigitalPhotos.net

Taking smaller bites with PMP-Bite series - PMP Chapter 1 Part 2 (CONSTRAINTS)

Embed Size (px)

DESCRIPTION

I was constantly overwhelmed by the 618 pager PMBOK guide. At the beginning of each chapter - as I saw the framework for that syllabus, my palms get sweaty. I dread the upcoming few hours of pouring over the dry notes. These are the very reasons why I've create a PMP-Bite series. A compilation of 'small-bites' focusing on the more frequently asked topics, and delivered to you in 'bite-size'. Here's Chapter 1 - Part 2: Project Constraints

Citation preview

Page 1: Taking smaller bites with PMP-Bite series - PMP Chapter 1 Part 2 (CONSTRAINTS)

[email protected]/in/maywongmeiching1

May Wong, PMP

taking a smaller

BITEof PMP

CHAPTER 1

PART 2a PMP-BITE series

Image courtesy of Stuart Miles / FreeDigitalPhotos.net

Page 2: Taking smaller bites with PMP-Bite series - PMP Chapter 1 Part 2 (CONSTRAINTS)

HELLO.Armed with more than 10 years of experience in marketing. Specializing in Project Management of activation campaigns, conferences, events & exhibitions.

Bitten by the travel bug and an explorer at heart.

Loves dogs.

@mayscloset

MAY WONGPROJECT MANAGER @ SHELL INTERNATIONAL

Page 3: Taking smaller bites with PMP-Bite series - PMP Chapter 1 Part 2 (CONSTRAINTS)

Part1 Part2 Part4Part3

Project Program Portfolio PMO

Time Cost Scope Resource Quality Risk

Functional Projectized Matrix

Product Lifecycle Project Lifecycle

4’P’s ConstraintsOrganizational

StructureLifecycle

ONECHAPTER

taking smaller bites…

Page 4: Taking smaller bites with PMP-Bite series - PMP Chapter 1 Part 2 (CONSTRAINTS)

Part1 Part2 Part4Part3

Project Program Portfolio PMO

Time Cost Scope Resource Quality Risk

Functional Projectized Matrix

Product Lifecycle Project Lifecycle

4’P’s ConstraintsOrganizational

StructureLifecycle

ONECHAPTER

taking smaller bites…

Page 5: Taking smaller bites with PMP-Bite series - PMP Chapter 1 Part 2 (CONSTRAINTS)

3 + 3 2

CONSTRAINTS

PART

Page 6: Taking smaller bites with PMP-Bite series - PMP Chapter 1 Part 2 (CONSTRAINTS)

PMBOK definition: A limiting factor that affects the execution of a project, program, portfolio or process

Page 7: Taking smaller bites with PMP-Bite series - PMP Chapter 1 Part 2 (CONSTRAINTS)

COST

SCOPETIME

The project budget: must stay within the allocated

budget

The project schedule: amount of time allocated for project

completion

The project tasks: The things a project team needs to perform to meet project

objectives

Image courtesy of Gualberto107 / FreeDigitalPhotos.net

TRIPLE CONSTRAINTS

QUALITYIDEAL

Page 8: Taking smaller bites with PMP-Bite series - PMP Chapter 1 Part 2 (CONSTRAINTS)

Image courtesy of thanunkorn / FreeDigitalPhotos.net

COST

SCOPETIME

QUALITY

TRIPLE CONSTRAINTSCHANGES

There are changes in cost. Therefore, causing instability to TIME (schedule) & SCOPE. Putting QUALITY at RISK.

Page 9: Taking smaller bites with PMP-Bite series - PMP Chapter 1 Part 2 (CONSTRAINTS)

Image courtesy of Stuart Miles / FreeDigitalPhotos.net

TIME

SCOPE

COST

RESOURCES

RISK

QUALITY

Budget cut!Budget cut!

The dateline was yesterday!

Do this! Do that! DO IT ALL! It has to be

perfect!

10?? I have only 2 staffs for you!

ALL CONTRAINTSARE EQUALLY IMPORTANT

Unexpected obstacles! Deal with this first! No that…no this first!

Page 10: Taking smaller bites with PMP-Bite series - PMP Chapter 1 Part 2 (CONSTRAINTS)

HOW WELL DID YOU PAID ATTENTION? PART

3 + 3 2

CONSTRAINTS

Page 11: Taking smaller bites with PMP-Bite series - PMP Chapter 1 Part 2 (CONSTRAINTS)

EXERCISE

Which of the following BEST describe a project’s constraints?

a. Budget cuts – lack of funds

b. Labor strike – lack of workers

c. Indecisive Management - lack of clarity

d. PMO priorities – lack of justification to proceed with the project

Page 12: Taking smaller bites with PMP-Bite series - PMP Chapter 1 Part 2 (CONSTRAINTS)

ANSWER

Which of the following BEST describe a project’s constraints?

a. Budget cuts – lack of funds

b. Labor strike – lack of workers

c. Indecisive Management - lack of clarity

d. PMO priorities – lack of justification to proceed with the project

A project not selected by the PMO yet cannot be categorized as a constraint. The project did not exist

Page 13: Taking smaller bites with PMP-Bite series - PMP Chapter 1 Part 2 (CONSTRAINTS)

Part1 Part2 Part4Part3

Project Program Portfolio PMO

Time Cost Scope Resource Quality Risk

Functional Projectized Matrix

Product Lifecycle Project Lifecycle

4’P’s ConstraintsOrganizational

StructureLifecycle

…coming soonImage courtesy of Master isolated images / FreeDigitalPhotos.net

Page 14: Taking smaller bites with PMP-Bite series - PMP Chapter 1 Part 2 (CONSTRAINTS)

QUESTIONS?

FEEDBACK?

slideshare.net/MayWongMC

@mayscloset

YOUTHANK