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Project Management Professional (PMP®) Certification - Fourth

Edition
• Instructor: Alfonso Nuñez, PMP

Ready. Get set. GO!

Copyright © 2009 Element K Content LLC. All rights reserved. Alfonso Nuñez, PMP OV 1 - 1
Course Outline

 Lesson 1: Examining Professional Project Management


 Lesson 2: Initiating a Project
 Lesson 3: Planning Project Work
 Lesson 4: Developing Project Schedules
 Lesson 5: Developing Cost Estimates and Budgets
 Lesson 6: Planning Project Quality, Staffing, and Communications
 Lesson 7: Analyzing Risks and Planning Risk Responses
 Lesson 8: Planning Project Procurements
 Lesson 9: Executing Project Work
 Lesson 10: Managing Project Procurement
 Lesson 11: Monitoring and Controlling Project Work
 Lesson 12: Monitoring and Controlling Project Schedule and Costs
 Lesson 13: Monitoring and Controlling Project Performance and Quality
 Lesson 14: Monitoring and Controlling Project Risks and Procurements
 Lesson 15: Closing the Project
Copyright © 2009 Element K Content LLC. All rights reserved. Alfonso Nuñez, PMP OV 1 - 2
Lesson 1 - Topic B: Identify Professional and Social Responsibilities

Lesson 1: Examining Professional Project Management

A-Processes B-Responsibilities

C-Skills

 Topic A: Identify Project Management Processes


 Topic B: Identify Professional and Social Responsibilities
 Topic C: Identify the Interpersonal Skills for a Project Manager

Copyright © 2009 Element K Content LLC. All rights reserved. Alfonso Nuñez, PMP OV 1 - 3
Lesson 1 - Topic A: Identify Project Management Processes

The Project Management Framework

Knowledge Areas Project Management Process Groups

Initiating Process Planning Executing Monitoring & Closing Process


Group Process Group Process Group Controlling Process Group
Group

Project Integration Develop Project Develop Project Direct and Manage Monitor and Control Close Project or
Management Charter Management Plan Project Execution Project Work Phase
Perform Integrated
Change Control

Project Scope Collect Requirements Verify Scope


Management Define Scope Control Scope
Create WBS

Project Time Define Activities Control Schedule


Management Sequence Activities
Estimate Activity
Resources
Estimate Activity
Durations
Develop Schedule

Project Cost Estimate Costs Control Costs


Management Determine Budget

Project Quality Plan Quality Perform Quality Perform Quality


Management Assurance Control

Copyright © 2009 Element K Content LLC. All rights reserved. Alfonso Nuñez, PMP OV 1 - 4
Lesson 1 - Topic A: Identify Project Management Processes

The Project Management Framework (Cont.)

Knowledge Areas Project Management Process Groups

Initiating Planning Executing Monitoring & Closing


Process Group Process Group Process Group Controlling Process Group
Process Group

Project Human Develop Human Resource Plan Acquire Project Team


Resource Develop Project Team
Management
Manage Project Team

Project Identify Plan Communications Distribute Information Report


Communications Stakeholders Manage Stakeholder Performance
Management Expectations

Project Risk Plan Risk Management Monitor and


Management Identify Risks Control Risks
Perform Qualitative Risk
Analysis
Perform Quantitative Risk
Analysis
Plan Risk Responses

Project Plan Procurements Conduct Procurements Administer Close


Procurement Procurements Procurements
Management

Copyright © 2009 Element K Content LLC. All rights reserved. Alfonso Nuñez, PMP OV 1 - 5
Lesson 1 - Topic A: Identify Project Management Processes

Projects

 Project:
 A temporary work endeavor.
 Has a clearly defined beginning and end.

Example: Creating an intranet website that displays employee


 Information, the launch of a new music band, the organization of a music
concert.

Copyright © 2009 Element K Content LLC. All rights reserved. Alfonso Nuñez, PMP OV 1 - 6
Lesson 1 - Topic A: Identify Project Management Processes

Subprojects

 An independently manageable component of an existing project.


 Can have smaller subprojects.
 Subprojects can be contracted:
 External enterprise.
 Another functional unit in the organization.

Example: Creating interior design for a solar powered car.


 Subprojects contracted to vendors:
 Designing of seats.
 Air-conditioning system.
Copyright © 2009 Element K Content LLC. All rights reserved. Alfonso Nuñez, PMP OV 1 - 7
Lesson 1 - Topic A: Identify Project Management Processes

Project Management

 “The application of knowledge, skills, tools, and techniques to


project activities to meet project requirements.” (According to the PMI®)
 Managing projects typically involves:

1. Scheduling.
2. Identifying requirements.
3. Establishing objectives.
4. Balancing quality, scope, time, and cost.
5. Addressing the concerns and expectations of the
stakeholders.

Example: Project manager responsibilities include:


• Communicate cross-functionally.
• Manage people who do not report directly.
• Deliver the work on time, within specified budget and quality specifications.
Copyright © 2009 Element K Content LLC. All rights reserved. Alfonso Nuñez, PMP OV 1 - 8
Lesson 1 - Topic A: Identify Project Management Processes

Programs

 A group of related projects that have a common objective.


 Offer great control over constituent projects and deliver benefits
that the organization can use to meet its goals.

Example: A company expanding its retail chain.


 Projects include:
A)Conducting market research to establish demand.
B)Constructing new stores.
C)Selecting franchise.
D)Designing the marketing campaign.
E)Consolidating customer base by establishing loyalty programs.

Copyright © 2009 Element K Content LLC. All rights reserved. Alfonso Nuñez, PMP OV 1 - 9
Lesson 1 - Topic A: Identify Project Management Processes

Portfolio

 A collection of projects, programs, and other work to achieve the


strategic business objectives of an organization.
 Generally managed by a senior manager or senior management teams.

Example: An alternate energy producing company designing a


breakthrough technology capitalizing on solar energy.
 The portfolio includes:
 Programs and projects to identify potential use of technology.
 Operational work such as administration and logistics related activities.

Copyright © 2009 Element K Content LLC. All rights reserved. Alfonso Nuñez, PMP OV 1 - 10
Lesson 1 - Topic A: Identify Project Management Processes

Operations

 Are ongoing and repetitive tasks that produce the same


outcome every time they are performed.
 Purpose of operations include:
 Carrying out day-to-day organizational functions.
 Generating income for to sustain the business.
 Increasing the value of organizational assets.

Copyright © 2009 Element K Content LLC. All rights reserved. Alfonso Nuñez, PMP OV 1 - 11
Lesson 1 - Topic A: Identify Project Management Processes

Operations

Example: Operations in a new oil refinery.


 Operations include:
 Daily production.
 Routine maintenance of the plant.
 Employees wages.
 Purchase of raw materials.
 Grievance-handling.
 Logistics.
 Supply of finished products to the market.

Copyright © 2009 Element K Content LLC. All rights reserved. Alfonso Nuñez, PMP OV 1 - 12
Lesson 1 - Topic A: Identify Project Management Processes

Project Management Office (PMO)

 A centralized, permanent, ongoing administrative unit of a


department that serves to improve project management performance
within an organization.

Example: Newspaper chain needs to decrease costs.


 PMO introduced standardized processes for:
A)Calculating, leveling, loading, and developing project budgets.
B)Updating project schedules.
C)Developing project data references.
D)Organizing best practices sharing sessions.

Copyright © 2009 Element K Content LLC. All rights reserved. Alfonso Nuñez, PMP OV 1 - 13
Lesson 1 - Topic A: Identify Project Management Processes

Project Stakeholders

 Person who has a business interest in the outcome of a project or who is


actively involved in its work.

Example: The New York Yankees’ proposed $800 million Bronx stadium, 2006.
Stakeholders include:
 Staff, management, and owners of the New York Yankees
 Major League Baseball

 Chambers of commerce

 Local and statewide elected officials

 Engineers, architects, and construction workers

 Fans

 Local
Copyright residents
© 2009 Element K Content LLC. All rights reserved. Alfonso Nuñez, PMP OV 1 - 14
Lesson 1 - Topic A: Identify Project Management Processes

Types of Project Stakeholders

 Customer or users
 Sponsor
 Portfolio managers or portfolio review board
 Program managers
 Project Management Office (PMO)
 Project managers
 Project management team
 Project team
 Functional managers
 Operations managers
 Sellers and business partners

Copyright © 2009 Element K Content LLC. All rights reserved. Alfonso Nuñez, PMP OV 1 - 15
Lesson 1 - Topic A: Identify Project Management Processes

The Project Life Cycle

 Project phases:
 A group of related project activities resulting in the completion of a major
deliverable.

 Project life cycle:


 The manageable, sequential phases of work in a project.
 Consists of four or five phases.

The phases of a project life cycle

Copyright © 2009 Element K Content LLC. All rights reserved. Alfonso Nuñez, PMP OV 1 - 16
Lesson 1 - Topic A: Identify Project Management Processes

General Characteristics of a Project Life Cycle

 Projects differ and display certain common characteristics.


 At the beginning, cost and staffing levels are low.
 Reaches the peak once work is carried out.
 Drops rapidly upon project completion.
 Stakeholder influences, uncertainties, and risks are:
 High at project start.
 Low at project end.

Copyright © 2009 Element K Content LLC. All rights reserved. Alfonso Nuñez, PMP OV 1 - 17
Lesson 1 - Topic A: Identify Project Management Processes

Project Governance

 Methodology carried throughout the life cycle of a project.


 Contains project phase reviews.
 Management review is done at the start of every phase.

Copyright © 2009 Element K Content LLC. All rights reserved. Alfonso Nuñez, PMP OV 1 - 18
Lesson 1 - Topic A: Identify Project Management Processes

Governance Activities in the Project Life Cycle

A) At the beginning of each phase:


 Verify and validate the former assumptions.
 Analyze risks.
 Explain in detail the processes required to achieve a phases' deliverables.
B) Phase-end review is necessary to ensure completeness and
acceptance.
C) Phase-end review signifies the start of the subsequent phase.
D) Project phase can be closed or project terminated when:
 Huge risks are involved.
 Objectives are not required to be met.
Copyright © 2009 Element K Content LLC. All rights reserved. Alfonso Nuñez, PMP OV 1 - 19
Lesson 1 - Topic A: Identify Project Management Processes

Phase-to-Phase Relationships in a Project

 Projects that are multi-phased follow sequential process.


 Phase-to-phase relationship types: A
B
 Sequential (A and B)
C
 Overlapping (B and C)
 Iterative
 Factors that decide the types of relationships in between phases:
 Level of control
 Effectiveness
 Degree of uncertainty

Copyright © 2009 Element K Content LLC. All rights reserved. Alfonso Nuñez, PMP OV 1 - 20
Lesson 1 - Topic A: Identify Project Management Processes

Phase-to-Phase Relationships in a Project

 Factors that decide the types of relationships in between phases:


 Level of control
 Effectiveness
 Degree of uncertainty

Copyright © 2009 Element K Content LLC. All rights reserved. Alfonso Nuñez, PMP OV 1 - 21
Lesson 1 - Topic A: Identify Project Management Processes

Progressive Elaboration

 Successive layers of detail are added to the plans.


 Deliverables from one phase are approved before work begins on
the next phase.
 A phase may begin before approving the deliverables of a previous
phase if risks are acceptable.
 Provides greater level of detail as the project progresses.

Detail is added to plans in progressive elaboration

Copyright © 2009 Element K Content LLC. All rights reserved. Alfonso Nuñez, PMP OV 1 - 22
Lesson 1 - Topic A: Identify Project Management Processes

Organizational Cultures and Styles

Copyright © 2009 Element K Content LLC. All rights reserved. Alfonso Nuñez, PMP OV 1 - 23
Lesson 1 - Topic A: Identify Project Management Processes

Organizational Culture's Influence on Projects

Project Aspect Description

Project policies and The project policies and procedures should reflect that of the organization's as they are
procedures interdependent.

Project selection The criteria for the selection of projects are determined by the organizational culture.

Project management style The project manager should adopt to the management style of an organization.

Team performance A project manager should adhere to a company's prospects when assessing the performance of a
assessments team.

Copyright © 2009 Element K Content LLC. All rights reserved. Alfonso Nuñez, PMP OV 1 - 24
Lesson 1 - Topic A: Identify Project Management Processes

Project Management Processes

 All the activities that underlie the effective practice of project


management.
 Produces project and product deliverables.

The project management processes

Copyright © 2009 Element K Content LLC. All rights reserved. Alfonso Nuñez, PMP OV 1 - 25
Lesson 1 - Topic A: Identify Project Management Processes

Project Management Inputs, Tools and Techniques, and


Outputs

 Project management processes are implemented through inputs, tools and


techniques, and outputs.

The relationship between project management inputs, tools and techniques, and outputs

Copyright © 2009 Element K Content LLC. All rights reserved. Alfonso Nuñez, PMP OV 1 - 26
Lesson 1 - Topic A: Identify Project Management Processes

Project Management Process Groups (1 of 2)

Process Group Description

Initiating Involves defining the need for a new project or the new phase of an existing project,
and obtaining a commitment to move forward.

Planning Used to create the project scope, refine objectives, and develop a strategy to
accomplish the work in the project or phase.

Executing Involves carrying out the work mentioned in the project management plan in order to
meet project specifications.

Copyright © 2009 Element K Content LLC. All rights reserved. Alfonso Nuñez, PMP OV 1 - 27
Lesson 1 - Topic A: Identify Project Management Processes

Project Management Process Groups (2 of 2)

Process Group Description

Includes regular monitoring of project performance and tracks progress that was made
Monitoring and
in the project or phase. They also include changes that are to be made to the plan
controlling
when required and make corrective actions needed to get back on track.

Involves finalizing the project activities, handing off the project or phase output,
Closing gaining formal acceptance, tying up administrative and contractual loose ends, and
finally closing the project or phase.

Copyright © 2009 Element K Content LLC. All rights reserved. Alfonso Nuñez, PMP OV 1 - 28
Lesson 1 - Topic A: Identify Project Management Processes

Project Management Process Group Interactions

 Project management process groups interact with each other and are not
discrete, one-time events.

Initiating Planning
Processes Processes

Monitoring
and Executing
Controlling Processes
Processes

Closing
Processes

The process group interactions


Copyright © 2009 Element K Content LLC. All rights reserved. Alfonso Nuñez, PMP OV 1 - 29
Lesson 1 - Topic A: Identify Project Management Processes

Knowledge Areas

Overview of project management knowledge areas and project management processes

Copyright © 2009 Element K Content LLC. All rights reserved. Alfonso Nuñez, PMP OV 1 - 30
Lesson 1 - Topic A: Identify Project Management Processes

Knowledge Areas

Knowledge area Description

Project integration management Ensures that the various elements of the project are
properly coordinated.

Project scope management Ensures that the project includes all the work
required, and only the work required, to
successfully complete the project.

Project time management Ensures timely completion of the project.

Project cost management Ensures that the project is completed within the
approved budget.

Project quality management Ensures that the project will satisfy the needs for
which it was undertaken.

Project human resource management Ensures the most effective use of project team
members.
Overview of project management knowledge areas and project management processes

Copyright © 2009 Element K Content LLC. All rights reserved. Alfonso Nuñez, PMP OV 1 - 31
Lesson 1 - Topic A: Identify Project Management Processes

Enterprise Environmental Factors

 Internal or external factors.


 Have positive or negative influence on projects.
 Support or limit the project management options.

 Examples include:
 Organizational culture.
 The human resources pool.
 Marketplace conditions.
 Stakeholder risk tolerances.
 Political situations.
 Project management information systems.

Copyright © 2009 Element K Content LLC. All rights reserved. Alfonso Nuñez, PMP OV 1 - 32
Lesson 1 - Topic A: Identify Project Management Processes

Organizational Process Assets

 Assets that influence project success.


 Examples include:
 Policies.
 Procedures.
 Guidelines.
 Formal and informal plans.
 Lessons learned documents.
 Historical information.
 Completed schedules.
 Earned value data.
 Risk data.
 Two categories of organizational process assets:
Processes and procedures.
Corporate knowledge base.

Copyright © 2009 Element K Content LLC. All rights reserved. Alfonso Nuñez, PMP OV 1 - 33
Lesson 1 - Topic B: Identify Professional and Social Responsibilities

The PMI Code of Ethics and Professional Conduct

 Provides a framework for ethical behavior and professional


conduct.
 Guidelines related to the profession and beyond.
 Instills confidence.
 Helps individuals become better practitioners.

 Values considered:
 Responsibility.
 Respect.
 Fairness.
 Honesty.

Copyright © 2009 Element K Content LLC. All rights reserved. Alfonso Nuñez, PMP OV 1 - 34
Lesson 1 - Topic B: Identify Professional and Social Responsibilities

Upholding Responsibilities to the Profession

Guidelines

 Take ownership for the decisions made.


 Accept appropriate responsibilities.
 Fulfill the commitments undertaken.
 Maintain the confidentiality of the PMP credential exam.
 Report possible violations of the PMP Code.
 Cooperate concerning ethics violations.
 Disclose conflicts of interest.
 Behave in a truthful and ethical manner.
 Comply with all applicable laws, regulations, and ethical standards.
 Respect intellectual property.
 Provide truthful advertising of your qualifications and services.

Copyright © 2009 Element K Content LLC. All rights reserved. Alfonso Nuñez, PMP OV 1 - 35
Lesson 1 - Topic B: Identify Professional and Social Responsibilities

Upholding Responsibilities to the Profession (Cont.)

Example: Project manager managing a public library expansion while


interacting with the project stakeholders:

 Behaves ethically.
 Gives no inappropriate coaching or advice.
 Avoids appearance of impropriety.
 Maintains transparency.
 Monitors how funds are being spent.

Copyright © 2009 Element K Content LLC. All rights reserved. Alfonso Nuñez, PMP OV 1 - 36
Lesson 1 - Topic B: Identify Professional and Social Responsibilities

Upholding Responsibilities to the Customer and to the


Public

Guidelines

 Provide truthful representations.


 Uphold work related policies, rules, regulations, and laws.
 Negotiate in good faith.
 Respect the property rights of others.
 Respect confidentiality.
 Avoid conflict of interest.
 Accept no inappropriate payments, gifts, or compensation.

Copyright © 2009 Element K Content LLC. All rights reserved. Alfonso Nuñez, PMP OV 1 - 37
Lesson 1 - Topic B: Identify Professional and Social Responsibilities

Upholding Responsibilities to the Customer and to the Public


(Cont.)

Example: Project managers handling projects that are publicly funded


or related to public safety should:

 Maintain public trust.


 Accept responsibilities.
 Avoid vulnerability to losses from litigation and damage to reputation.

Copyright © 2009 Element K Content LLC. All rights reserved. Alfonso Nuñez, PMP OV 1 - 38
Lesson 1 - Topic B: Identify Professional and Social Responsibilities

Adhering to Other Responsibilities

Guidelines

 Maintain appropriate legal and ethical standards.


 Share ideas and research findings to the body of knowledge.
 Promote interaction within the project management community.
 Demonstrate transparency.
 Be truthful.
 Do not engage in behavior that will deceive or mislead others.

Example: Project Managers’ Disaster Recovery Coalition after the Hurricane


Katrina 2005 calamity and their two-fold goals.

Copyright © 2009 Element K Content LLC. All rights reserved. Alfonso Nuñez, PMP OV 1 - 39
Lesson 1 - Topic C: Identify the Interpersonal Skills for a Project Manager

Interpersonal Skills

 Ability to work harmoniously and efficiently.


 Interpersonal skills include:
 Leadership.
 Team building.
 Motivation.
 Communication.
 Influencing.
 Decision making.
 Political and cultural awareness.
 Negotiation.

Copyright © 2009 Element K Content LLC. All rights reserved. Alfonso Nuñez, PMP OV 1 - 40

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