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PMP 6 (Fach) / PMP (Lektion)

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• Value engineering Analyse all work components including their costs and try to optimize coats Cost reduction by aligning all elements with the functions and requirements
• Confirm final acceptance It is necessary that the final deliverables are formally confirmed by the customer and not only accept or approved
• Plan schedule management inputs - project charter - scope management plan (project management plan) - development approach (project management plan) - eef - opa
• tools and techniques for plan schedule management - expert judgment - data analysis - meetings
• parts of the schedule management plan - schedule management plan establishes the following - project schedule model development - release and iteration length - level of accuary - units or measre - organizational procedures links - project schedule model maintenance - control thresholds - rules of performance measurement - reporting formats
• inputs for define activities - schedule managemet plan - scope baseline - eef - opa
• tools and techniques for define activities - expert judgment - decomposition - rolling wave planning - meetings
• outputs of define activties - activity list - activtiy attributes - milestone list - change requests - schedule baseline (project managemet plan updates) - cost baseline (project managemet plan updates)
• inputs sequence activities - schedule management plan (project management plan) - scope baseline (project management plan) - activity attributes (project documents) - activity list (project documents) - assumption log (project documents) - milestone list (project documents) - eef - opa
• pdm precedence diagramming method is a technique used for constructing a schedule model in which activities are represetned by nodes
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• fs finish-to-start
• FF finish-to-finish
• SS Start-to-start
• SF Start-to-finish
• types of dependecy - mandatory external => be align within GDPR - mandatory internal => build prototype - discretionary external => industry best practices - discretionary internal => expert judgment/ recommendation
• lead and lags - lead is often repestenda as a neative value Applied if the waiting time between tasks is changed
• tools and techniques for sequence activities - precedence diagramming method - dependency determination and integration - leads and lags
• subsidiary project management plans - scope management plan - requirements management plan - schedule management plan - costs management plan - quality management plan - resource management plan - communications management plan - risk management plan - procurement management plan - stakeholder engagement plan
• EMV Expected monetary value Multiple all money numbers with their probability and sum them up, bad things minus
• Free float Time a start of an activity can be delayed, with out jeopardize the plan
• RTM Requirements trackability matrix Linking requirements and business needs
• impact on estimante activity durations - law of diminshing returns - number of resources - advances in technology - motivation of staff
• Inputs for estimate activity durations - schedule management plan (project management plan) - scope baseline (project management plan) - activity attributes (project documents) - activity list (project documents) - assumption log (project documents) - lessons learned register (project documents) - milestone list (project documents) - project team assignments (project documents) - resource breakdown structure (project documents) - recouse calendars (project documents) - resource requirements (project documents) - risk register (project documents) - eef - opa
• Tools and techniques for estimate activity durations - expert judgment - analogous estimating - parametric estimating (25 m2 in 24 hours => 50 in 2 days) - three point estimating - bottom-up estimating - alternatives analysis (data analysis) (duration of paths= - reserve analsyis (data analysis) - decision making - meetings
• Three-point estimating calcuated duration = (t*Optimistic + t*most likely+ t*pessmistic) / 3 beta distribution calcuated duration = (optimistic + 4*most likely + pessimistic) / 6
• outputs of estimate activity duration - duration estimates (including range e.g. 2 weeks +- 2 days) - basis of estimates (what has been considered during estimating) - activity attributes (project documents updates) - assumption log (project documents updates) - lessons learned register (project documents updates)
• inputs of develop schedule - schedule management plan (project management plan) - scope baseline (project management plan) - activity attributes (project documents) - activity list (project documents) - assumption log (project documents) - basis of estimates (project documents) - duration estimates (project documents) - lessons learned (project documents) - milestone list (project documents) - project schedule network diagrams (project documents) - project team assignments (project documents) - resource calendars (project documents) - resource requirements (project documents) - risk register (project documents) - agreements - eef - opa
• tools and techniques develop schedule - schedule network analysis (bringing everything together including reservers) - critical path method - resource optimization (resource leveling => short time, high usage and resource smoothing => do not use to much resource) - what-if scenario analysis (data analysis) - simulation (Monte Carlo) (data analysis) - leads and lags - crashing (schedule compression) (costs money) - fast tracking (schedule compression) (making things in parallel) - PMIS
• critical path longest time to complete project
• outputs for develop schedule - schedule baseline - bar chart (gant chart) (project schedule) - milestone charts (gant with only milestones) (project schedule) - project schedule network diagrams (project schedule) - schedule data - project calendars - change requests - schedule managementplan (updates to project management plan) - cost baseline (updates to project management plan) - activity attributes (project document updates) - assumption log (project document updates) - duration estimates (project document updates) - lessons leanred register (project document updates) - resource requirements (project document updates) - risk register (project document updates)
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• inputs for control schedule - schedule management plan (project management plan) - schedule baseline (project management plan) - scope baseline (project management plan) - performance measurement baseline (project management plan) - lessons learned register (project documents) - project calendars (project documents) - project schedule (project documents) - resource calendars (project documents) - schedule data (project documents) - work performance data - opa
• CPI Cost performance index, below 1 means to much money spend, above under budget CPI = EV / AC
• SPI Schedule performance index  Above 1 ahead of schedule, below behind schedule SPI = EV/PV
• TCPI To-complete Performance Index Greater 1.0 = harder to complete Less than 1.0 = easier to complete TCPI = (BAC - EV) / (BAC - AC) Used to measure the cost performance which is needed to complete a project while considering constraints, like fixed budget  TCPI = (BAC - EV) / (EAC - AC) => TCPI =  Work Remaining / Funds Reamining
• Predictive life cycle scope, time and budget are defined upfront and must be reached
• Fist of five technique Agile voting method to ensure everyone agrees the backlog Consensus is reached, if everyone holds up three or more fingers People holding less then three fingers have to explain their objection
• Fist of five technique Agile voting method to ensure everyone agrees the backlog Consensus is reached, if everyone holds up three or more fingers People holding less then three fingers have to explain their objection
• Tuckman ladder forming (first steps) storming (try and error) norming (work better) performing (work well) adjourning (release team)
• Scope management plan Contains how deliverables will be approved Describes how the scope will be defined, monitored, delivered, controlled
• EAC Estimate at completion What will the project cost in the end EAC = Actual coats + (budget at completion - earned value) Dynamic calcuation EAC = Budget at complition / (earned value / actual costs) EAC = BAC / CPI EAC = BAC / (EV / AC)
• EAC Estimate at completion Same CPI - EAC = BAC / CPI Same rate in the future - EAC = AC + BAC - EV Plan is not valid - EAC = AC + Bottom-up ETC CPI and SPI influence value - EAC = AC + [(BAC - EV) / (CPI x SPI)]
• Contingency reserve Associated to different identified risks Can be accessed immediately by the project leader to tackle the risks
• Opportunity costs Costs of the project which is not realized
• Deming cycle Plan do check act
• Deming cycle Plan do check act
• Project approval criteria Defined within the project charter
• Quality audit Is done by someone else, not the project team
• tools and techniques for control schedule - earned value analysis (data analysis) => schedule variance (SV) and schedule performance index (SPI) - iteration burndown chart (data analysis) - performance review (data analysis) => reality check - trend analysis (data analysis) => future check - variance analysis (data analysis) => check impact on future planning - what-if-scenario analysis (data analysis) => - critical path method - project management information system (PMIS) - resource optimization - leads and lags - schedule compression
• outputs control schedule - work performance information - schedule forecasts - change requests - schedule management plan (project management plan updates) - schedule baseline (project management plan updates) - cost baseline (project management plan updates) - performance measurement baseline (project management plan updates) - assumption log (poject documents updates) - basis of esitmates (poject documents updates) - lessons learned register (poject documents updates) - project schedule (poject documents updates) - resource calendars (poject documents updates) - risk register (poject documents updates) - schedule data (poject documents updates)
• Inputs for plan cost management - project charter - schedule management plan (project management plan) - risk management plan (project management plan) - eef - opas

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