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These slides are intended to aid in learning the core concepts within the IT Project + course. These questions in no way reflect the actual exams and do not guarantee any success of passing them.
Mark Grimes, MBA, PMP, MCSE, CNE, [email protected]
http://mywebpages.comcast.net/mcsepmp
Disclaimer
1981 PMI Symposium Survey of over 800 PM
Professionals
How do you think your day is broken down by %?
RESULTS OF THE SURVEY….
20% meetings.
15% paperwork.
14% coaching, listening.
12% telephone.
12% closed door concentration.
What are ways you could better manage your time?
Brainstorm in your group and pick top five responses
Peter Drucker recommends..Make a time log
Record you activities for a week
When confronted with the facts, you are forced to take stock and make improvements
and become proactive
Drucker finds that the major time bottlenecks are..
Paperwork
Meetings
One-on-one coaching/mentoring
Telephone calls in/out
Drucker’s Recommendations….
Pareto 80/20
Trim and prioritize work
Plan time first, then work… lay out the day in blocks of time, then prioritize items to fit
the blocks
For less important items…delegate, reorganize, eliminate
Database Model
OS Platforms
Network Requirements
Hardware Requirements
Major Categories under the Technical Architecture
would be?
4 key steps in Problem/Opportunity
Identification
An accurate statement of current state
Statement of future state
P3 analysis in moving from current to future state
Stated Benefit from the above
What type of organizational structure exists for managing large complex projects without having
enough resources to become projectized?
Matrix Organization
Someone whose interests may be positively or
negatively influenced by the project is known as ______
Stakeholder
A tight matrix is most similar to what kind of organization?
None. It simply describes proximity of team members
What are the phases for the Project Management Life
Cycle?
Initiation
Planning
Executing
Control
Closeout
If there are differences in Stakeholder requirements, in whose favor should they be
resolved?
Customer
What are some examples of General Management skills?
Leading, Controlling, Communicating, Negotiating, Problem Solving
A document that contains the opportunity, evidence, impact, outcome, metrics and benefits succinctly is know as ______
Project Concept Definition
A group dynamic process used to enhance
communications and reduce conflict is know as …
Facilitation
The construction of general agreement or judgment
regarding a particular point or issue is known as..
Consensus Building
What are some common generic reasons for initiation of
a project?
Business Opportunities …the “why”
Market Demand
Technology advance
Social needs
But often due to informal drivers (in reality)
Name some of the major components of a Project
Charter
Formal authorization of PM and assigned authority level
Initiation of the Project
ID Business Need
Goals/Objectives
How is a Scope Statement different from a Project
Charter?
Clearly defines deliverables/services
Forms agreement w/customer
What is the guideline for the length of Work Packages
8/80 Don’t track less than a day
If more than 10 days, break it up
What else may occur before Project Initiation?
Needs Assessment
Feasibility Study
Preliminary Plan
Cost/ Benefit Analysis
What of the following is a lie?• The purpose of requirements is to verify mutual
understanding of the requirements with the client• Most Project Managers not only manage, but are
effective leaders that have both the authority and ability to take the required risks
• The Scope is defined as the sum of all products and services to be provided as a project
Most Project Managers not only manage, but are effective leaders that have both the authority and ability to take the required risks
What type of Network Diagram Technique allow for loops and multiple
project end results?
GERT
Graphical Evaluation Review Technique
A deliverable oriented grouping of project components that organizes and defines the total scope of the
project is a definition for…
WBS
or Work Breakdown Structure
Key notes to know about the WBS
A graphical picture
Includes all work
Foundation for the project
Can be re-used
An output of Scope definition
What is another name for a task description designed to control what work is done and when
WBS dictionary
This type of estimating technique uses 3 time
estimates
PERT
Program evaluation and review technique
What type of diagramming method uses Dummy Tasks?
AOA or ADM
Activity on Arrow or Arrow Diagramming Method
What is the difference between a countermeasure and
mitigation
Countermeasurepreventative measure to eliminate or neutralize a specific risk
MitigationAction taken to minimize effect of a risk, should it happen
Methods for monitoring quality include…
Inspections/audits
Verification testing
Peer Reviews
Surveys/focus groups
Take a guess what the cost of stress is to the US economy
$75-100 Billion dollars
Heart attacks alone contribute $26 Billion
Write down 5-10 things that stress you out at work
What do you do to alleviate the stress of these things?
Other sources of work stress
Lack of praise
Coworkers
No career path or opportunity
Time demands
Communication
Unfinished business
Differing priorities
Accomplishments ignored or rejected
Responsibility with no authority
Effects of stress at work…
Anxiety
Ulcers
Heart Attacks
Turnover
Absenteeism
High Blood pressure
Insomnia
Aches and pains70% of all physical problems at the doctor’s office are related to stress and lifestyle
Definition of Stress from Dr. Hans Selye (researcher)
“the nonspecific response of the body to pressures, responsibilities, and real or imaginary threats from the environment.”
Stress is a response, not the elements that cause it. The
factors that produce stress are called “stressors”
? Does stress always have a specific response?
The distress from stress causes more deaths in the United States and other industrialized countries than any other cause of death
Techniques for managing stress
Keep a stress diary
Recognize your physiological responses
Identify the situations that link to your responses
Monitor HR or Blood Pressure
Techniques for managing stress
Positive attitude
Just say no…..sometimes
Exercise, meditation, yoga, eat right, etc.
Critical Path DataCritical Path Data
Activity Code Time Predecessors
Select Software SS 4 –
Select Hardware SH 3 –
Install Hardware IH 5 SH
Install Software IS 2 SS, IH
Develop Scripts DS 8 SS, IH
Test Modules TM 12 IS
Test System TS 8 IS
Accept System AS 1 TM, TS
Steps:
1. Draw the Network Diagram
2. Determine the “Critical Path”
3. Calculate ES, EF, LF, LS and Slack
Critical Path AnswerCritical Path AnswerSS4
DS8
TS8
AS1
IS2
TM12
SH3
IH5
Code Time ES EF LF LS Slack
SS 4 0 4 6 2 2
SH 3 0 3 3 0 0
IH 5 3 8 8 3 0
IS 2 8 10 10 8 0
DS 8 4 12 14 6 2
TM 12 10 22 22 10 0
TS 8 12 20 22 14 2
AS 1 22 23 23 22 0
Critical Path = 23
Considering the effects of project decisions before and after the
deliverable is what form of costing?
Life Cycle Costing
What are examples of control techniques?
Performance Review
Variance Analysis
Earned Value
Trend Analysis
A chart used in Project to show actual performance versus
scheduled performance is aka
Tracking Gantt
A sum of all initial labor, equipment, materials, direct
overhead, and contingencies is aka
Cost Baseline
What type of costing uses a mathematical model to predict project costs using parameters
Parametric Estimating
Do want to work under theory X or Y, and why?
Y – can work with own efforts
X – authoritative, must be watched, people are incapable
What are some of the major inputs to Cost Estimating?
WBS
Network Diagram
Schedule
Historical Information
Risks
Resource Pool
What would be the major outputs to cost control?
Revisions
Updates
Corrective actions
EAC
Lessons learned
Summing all of the individual costs of all work packages defines what
estimating technique?
Bottom Up
An estimate in the range of –10% - + 25% is aka…
Budget Estimate
Order of Magnitude Estimate
Definitive Estimate
Order of Magnitude Estimate
Definitive Estimate
Budget EstimateOrder of Magnitude Estimate -25% - +75%
Definitive Estimate -5% - +10%
What are three standard methods used to calculate
percent complete?
Order of Magnitude Estimate
Definitive Estimate
0/100%
50/50%
Actual percentage complete
Weighted Milestones
A time management technique used to leverage the project manager’s time, by focusing on high risk, high
reward issues is aka
Management by Exception
Some other definitions…
A group that…
share a common goal
enjoy working together
have different backgrounds
have loyalty to the project/mgr
have team spirit/morale
needs each other’s skills
So, how do you know when you need team building? What are
the symptoms?
Individually make a list. Then share with your group to pick your top 5 answers.
Here are some other common symptoms
Lack of control
Low motivation
Lack of creativity
Unfair rewards
People problems
Wheel spinning
Performance slipping
Unclear objectives
Many surprises
More conflict
Members withdraw
Avoid resolution of problems
Quality problems
Schedule slippage
When Team Building won’ t help
Project concept is faulty
Management is unsupportive
Hopelessly unproductive people or PM
A bad project is inherited
What are the benefits of effective team building?
Resolution
Motivation
Creativity
Interdependence
Communication
Synergy
Ground rules for team building
Start early
Incorporate into daily activities
Practice what you preach
Delegate
Don’t manipulate
Know it takes time
Get an expert to help if needed
Earned Value AnalysisEarned Value Analysis
Situation:
3 month project starts Jan 1
Original Budget of $27,000
As of March 1, 70% of the work is completed
500 hours @ $40/hr have been paid for the work
Solve the following:
BCWS
BCWP
ACWP
SV
CV
SPI
CPI
BAC
EAC
ETC
AnswersAnswers
How is the project doing?
BCWS =
BCWP =
ACWP =
SV =
CV =
SPI =
CPI =
BAC =
EAC =
ETC =
BCWS = $18, 000
BCWP = $18,900
ACWP = $20,000
SV = + $900
CV = - $1,100
SPI = 1.05
CPI = 0.945
BAC = $27,000
EAC = $28,571
ETC = $8,571
Over Budget
Ahead of Schedule