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PMP Study Guide: Chapter 1: What Is A Project?
PMP Study Guide: Chapter 1: What Is A Project?
Program Collections of related projects, subsidiary Project interdependencies Program Coordinated objectives and Collective
programs, or work managed in a manager interdependencies across objectives and
coordinated fashion the program to realize benefits are
benefits realized.
Portfolio Aligns Optimizing efficiencies, Portfolio Align with the Performance and
projects/programs/portfolios/subsidiary objectives, costs, managers. organization’s strategic benefit realization
portfolios/operations to the resources, risks, and Project and business objectives. of the portfolio
organization’s strategic business schedules program Prioritizes the right
objectives managers may programs and projects,
report to the prioritizes work, and
portfolio. ensures resources are
available.
Chapter 1 What Is a Project?
• Is It a Project?
• What Is Project Management?
• Defining Skills Every Good
Project Manager Needs
• Understanding Organizational
Structures
• Understanding Project Life
Cycles and Project Management
Processes
• Project Management Knowledge
Areas
Defining Skills Every Good
Project Manager Needs
Project Phase
(Feasibility Study) Process
Interactions with
Planning Executing
the “Plan-Do-
Check-Act” cycle
Project Management
Process Groups
Monitoring Monitoring
and Control and Control
Closing
Initiating
Project Phase
(Design)
Agile Project Management
• Time bound
• Typical = 2 weeks, can be any
short period of time
Agile PM Approach
Requirements Detailed specifications High-level planning and iterative refinements Progressively elaborated
Risk and costs Reduced due to detailed plans Reduced through iterative evolution of initial high-level Reduced by progressively elaborating the requirements
plans
Stakeholders Heavily involved in gathering and documenting More involvement than highly predictive approach and Continuous involvement and frequent feedback
requirements. Involvement tapers off as project less involvement than highly adaptive approach
progresses.
Initiating Performed once for the project or phase May be performed once with high-level objectives and Performed regularly throughout the project. Relies
elaborated [AU: increase? LW][it s/b elaborated - kh]as heavily on customer knowledge.
project progresses
Planning Once the plan is approved, changes that impact scope, High-level plan developed and elaborated as project Progressive elaboration of scope based on continuous
time, or budget are controlled and minimized. progresses feedback.
Executing Performed all at once after requirements are defined Work is performed as requirements are defined. Managed using iterations and retrospectives. Small
and project plan is approved. components of work delivered in each iteration.
Monitoring and Controlling Focus is on constraining changes that impact scope, Varies from minimal changes to welcoming changes Changes welcome. Track and monitor work using the
budget, or schedule. backlog.
Closing Close out the project or phase. May close the phase or continue in an iterative Address highest business value items first. Produce a
approach proof of concept.
Agile Roles and
Responsibilities
• Scrum master
• Product owner
• Stakeholders
• Team members
Sprint Planning
• Time bound
• Starts with sprint planning
meeting
• Backlog items reviewed
– Prioritized by product owner
Daily Standups/Scrum
Meetings
• Same time/same place every day
• 15 minutes
• What did I accomplish
yesterday?
• What will I work on today?
• Do I have any roadblocks or
issues preventing me from doing
my work?
Scrum Retrospective
• Held at Sprint conclusion
– Overall progress
– Work that was completed
– Work that was planned but not
completed
– Work that needs to carry over into
the next sprint
– To review lessons learned to
determine how the next sprint, and
future sprints, can be improved
Other Methodologies
• Waterfall
• PRINCE2
Chapter 1 Summary
• Project definition and characteristics
• Key skills for success
• Organizational structures
• Project lifecycles
• Project management process groups
• Characteristics of process groups
• Plan-Do-Check-Act
• Agile project management