ashrafnur89@gmail.comAshraf Osman, MBA, PMP www.ReadytoTrainMaterials.com 53 Change Log: Change Log A change log is used to document changes that occur during a project. 2. www.ReadytoTrainMaterials.com 14 Example: Operations in a Petrochemical Industry : Example: Operations in a Petrochemical Industry One of the major petrochemical companies has set up a new refinery to meet its increasing market demand. See our Privacy Policy and User Agreement for details. Float. Once the new plant is set up, the operations to be carried out in the new branch include daily production, routine maintenance of the plant, wages and salary credits to employees, purchase of raw materials, grievance handling, logistics, and supply of finished products to the market. View Slides PMBOK 6th Edition - Week 01 (1).ppt from OPMT 1187 at British Columbia Institute of Technology. © 2014 authorSTREAM. Giving presentations is part of the job for a project professional whether it's leading a kickoff meeting or giving a status update. Licensed Training Materials from PM Learning Solutions Designed by instructors for instructors Intuitive design, layout, and flow make the courses easy to teach and easy to learn. C. 1 ½ days. C. It requires more people. Time and Material (T&M) or Unit Price www.ReadytoTrainMaterials.com 120 Legal Contractual Relationships: Contract Types: Contract is a mutually binding legal agreement that obligates the seller to provide the specified products, services or results, and obligates the buyer to compensate the seller. Fixed Price Contract-lump sum . A. The exposure draft is open for comment to any members of the public with an interest in project management until July 26, 5:00pm EDT. Contract = Cost + Fee of 200,000; fee is not changing due to seller performance. www.ReadytoTrainMaterials.com 16 Programs and Portfolio: Programs and Portfolio A program is defined as a group of related projects, subprograms, and program activities managed in a coordinated way to obtain benefits not available from managing them individually. It makes it easier to manage. Full PMP preparation slides 6th edition. Presentation Description. www.ReadytoTrainMaterials.com 90 Slide91: Parameter Calculation Result PV 1000+1000+1000 3000 EV (100% x 1000)+(100% x x1000)+ (755 x x1000) + 50% x1000) 3025 AC 1200+1000+750+500 3450 BAC 6 x 1000 6000 CV 3025/3450 -425 CPI 3025/3450 .88 SV 3025/3000 25 SPI 3025/3000 1.01 EAC 6000/.88 6818.18 ETC 6818.18-3450 3368.18 VAC 6000-6818.18 -818.18 Over budget, getting .88 dollar we spent Ahead schedule, progressing 101% of the rate planned Probably will spend $ 6818 at the end (estimation) Need $ 3368 to complete Over budget at the end for about $ 818 (estimation) Exercise www.ReadytoTrainMaterials.com 91 Control Costs- Tools and Techniques: To Complete Performance Index (TCPI) TCPI predicts the efficiency that must be achieved for remaining work to complete the remaining works with available budget. POWERFUL POWERPOINT TRAINING SLIDE. www.ReadytoTrainMaterials.com 17 Slide18: Project, Program, Portfolio Project E www.ReadytoTrainMaterials.com 18 Comparative Overview of Portfolios, Programs, and Projects: Comparative Overview of Portfolios, Programs, and Projects 19 Portfolios, Programs, and Projects: Portfolios, Programs, and Projects Portfolio management aligns portfolios with organizational strategies by selecting the right programs or projects, prioritizing the work, and providing the needed resources . Project Management & Training Projects for $30 - $250. The PMP Master Prep training manual is aligned to the PMBOK Guide 6th Edition and is designed to be your single source to effectively prepare for the PMP certification exam. If CPI falls below TCPI baseline, remaining works will not be completed with available funds. characteristics or traits Authentic Courteous Creative Cultural Emotional Intellectual Managerial Political Service-oriented Social Systemic www.ReadytoTrainMaterials.com 43 Integration and Complexity: Integration and Complexity Three dimensions of complexity: System behavior. In order to view it, please Scheduled activities. BONUS: Live Training Recordings Part 1. Prepare for the PMP exam in a smarter way, using ... simplified slides by knowledge area, ... diagrams, charts, tables, and mind maps, ... examples & problems clarifying tools & techniques, and Made Easy: Over 1270 slides help you study Smarter: ... understand PMBOK 6th edition in 20 days + Practice online for free for 90 days. This task takes 4 weeks. The body of knowledge evolves over time and is presented in A Guide to the Project Management Body of Knowledge (the Guide to the PMBOK or the Guide), a book whose sixth edition was released in 2017. Do you have no clue or minimal knowledge about PMP exam prep? www.nwapmi.org. All rights reserved. All future works shall be accelerated to bring CPI within TCPI range. Control Costs- Tools and Techniques www.ReadytoTrainMaterials.com 93 Control Costs- Tools and Techniques: To Complete Performance Index (TCPI) Control Costs- Tools and Techniques www.ReadytoTrainMaterials.com 94 Control Costs- Tools and Techniques: TCPI (based on original estimate or forecasted budget) will set a new baseline for performance efficiency to be achieved to complete the works with funds remaining. A. ABCD B. EBCD C. EFH D. EGH Exercise www.ReadytoTrainMaterials.com 77 Control Schedule: Control Schedule The process of monitoring the status of the project to update the project schedule and managing changes to the schedule baseline www.ReadytoTrainMaterials.com 78 Chapter 7: Chapter 7 Project Cost Management www.ReadytoTrainMaterials.com 79 Slide80: 80 Project Cost Management: Project Cost Management Costing is different from Pricing. Use our proven approach! EAC = BAC/CPI (Only cost efficiency is considered now) Here team considers that remaining work will be completed at the same efficiency rate considering cost and schedule performance EAC = AC + (ETC/CPI x SPI) & ETC = BAC-EV. Organizational breakdown structure (OBS). The training and certification are based on the Guide to the Project Management Body of Knowledge, (PMBOK® Guide 6th Edition). The box is six sided, each side is to take one day to build and is budgeted for $1000 per side. $100 k Actual cost (AC) As of today, what is the actual cost incurred for the work accomplished? by comma or enter. Changes may be requested by any stakeholder involved with the project. Costing is based on WBS and controlled by Control Accounts Costing shall be ideally done by a team who perform the work Padding is not a good practice www.ReadytoTrainMaterials.com 81 Slide82: Slides from 251-262 are not shown in the free sample www.ReadytoTrainMaterials.com 82 Tools and Techniques Earned Value Management (EVM): Actual Cost (AC) It indicates the actual money that has been spent for work that has been completed. You are the project manager for a new project and have figured out the following dependencies: Task 1 can start immediately and has an estimated duration of 3 weeks Task 2 can start after Task1 is completed and has an estimated duration of 3 weeks Task 3 can start after Task 1 is completed and has an estimated duration of 6 weeks Task 4 can start after Task 2 is completed and has an estimated duration of 8 weeks Task 5 can start after task 4 is completed and after Task 3 is completed . www.ReadytoTrainMaterials.com 6 What is a Project? The outcome of the project is the website, and the duration will depend on the complexity and size of the work involved. View Slides PMBOK 6th Edition - Week 05.ppt from OPMT 1187 at British Columbia Institute of Technology. www.ReadytoTrainMaterials.com 70 Develop Schedule: Outputs Project Calendars: Develop Schedule: Outputs Project Calendars project calendar identifies working days and shifts that are available for scheduled activities. Purchase Order: Contract to purchase 30 linear meters of wood at $ 40 per meter. (9781979658867): Alminawi, Ayman: Books Control includes determining corrective or preventive actions or re-planning and following up on action plans. Enter one or more tags separated D. 5 2/3 days. The contract may includes the following: An offer, Acceptance, Pricing, roles and responsibilities, penalties, warranty. Control Costs- Tools and Techniques www.ReadytoTrainMaterials.com 95 Control Costs- Tools and Techniques: TCPI value >1 means in future, more work must be achieved per every dollar spent in the future compared to actual work achieved previously per dollar. PMBOK ® Guide – Sixth Edition and the Agile Practice Guide. These changes and their impact to the project in terms of time, cost, and risk, are communicated to the appropriate stakeholders. Instructors get the PowerPoint (pptx) files and your students get the.pdf files. Calculate the final fee and final price. Resources. Normally, the CCB operates closely with the project’s sponsor, customers, and other key stakeholders. This article provides tips for creating PowerPoint presentations that are clear, professional, and engaging. Part 2. Note: Based on the PMBOK® Guide 6th Edition. PMP PREPARATION COURSE ashrafnur89@gmail.comAshraf Osman, MBA, PMP Based o PMBOK Guide®, 6th Edition MBA, PMP A s h r a f O s m a n 2. ... PMBOK PROJECT MANAGEMENT BODY OF KNOWLEDGE PMP PMBOK FIFTH EDITION. Schlotzsky's, 2709 W Walnut St, Rogers, AR 72756. We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. How much more money we need? BAC = $ 300,000, AC = $ 100,000, EV = $ 150,000, CPI = $ 1.2, ETC = $ 120,000. Manage project elements, including, but not limited to, schedule, cost, resources, and risks www.ReadytoTrainMaterials.com 38 1 Strategic and Business Management Skills: Strategic and Business Management Skills Explain to others the essential business aspects of a project Work with the project sponsor, team, and subject matter experts to develop an appropriate project delivery strategy Implement that strategy in a way that maximizes the business value of the project. Control Costs- Tools and Techniques www.ReadytoTrainMaterials.com 85 Control Costs- Tools and Techniques: EAC can be calculated by: There will be no variation for remaining work and will progress as planned before ETC = BAC – EV & that means EAC = AC + ETC (BAC-EV) The changes project experience will continue to occur for remaining work. What is a Project? Now TCPI = (BAC-EV)/(EAC-AC) Now TCPI = Work Remaining/Funds remaining as per forecasted EAC = (Budget At Completion – Earned Value ) / (EAC – Actual cost). Describe your interpretation based on the calculation: Task Progress Cost spent Side 1 100% 1,200 Side 2 100% 1,000 Side 3 75% 750 Side 4 50% 500 Side 5 0% 0 Side 6 0% 0 Project is below/over budget? Find PowerPoint Presentations and Slides using the power of XPowerPoint.com, find free presentations research about Pmbok 5th Edition PPT Create 44 Powerpoint slides that illustrate the 44 project managements processes as outlined in the Guide to the Project Management Body of Knowledge (PMBOK) Third Edition (2004). I prepared this for the first time in 1998 when I was studying for the PMP Exam from PMI, including how to read the ITTO for the 49 processes correctly. The Project Management Professional (PMP) ® exam preparation training based on . COURSE Pmbok ® Guide – Sixth Edition And Agile Practice Guide Were PPT. 1. www.ReadytoTrainMaterials.com 28 Organizational Knowledge Repositories: Organizational Knowledge Repositories Configuration management knowledge Financial data Historical information and lessons learned Issue and defect management data Project files from previous projects www.ReadytoTrainMaterials.com 29 Organizational Governance Frameworks: Organizational Governance Frameworks www.ReadytoTrainMaterials.com 30 Factors to consider in selecting an organizational structure : Factors to consider in selecting an organizational structure www.ReadytoTrainMaterials.com 31 Slide32: Slides from 49-66 are not shown in the free sample www.ReadytoTrainMaterials.com 32 Chapter 3: Chapter 3 The Role of The Project Manager www.ReadytoTrainMaterials.com 33 Project Manager’s Sphere of Influence: Project Manager’s Sphere of Influence www.ReadytoTrainMaterials.com 34 Slide35: Project Manager is the person responsible for accomplishing the project objectives. Exercise www.ReadytoTrainMaterials.com 75 Exercise: Q4. HTTPS (Hypertext Transfer Protocol Secure) is a protocol used by Web servers to transfer and display Web content securely. Today is the end of day three. Project is late/a head schedule? www.ReadytoTrainMaterials.com 51 A Change Control Board (CCB): A Change Control Board (CCB) It is an internal unit or department charged with not only monitoring, controlling, coordinating, and implementing changes to all elements of project work, but also with accepting or rejecting changes that have been requested by stakeholders. or Contact PMI … PMBOK® Guide 6th Ed Processes Explained with Ricardo Vargas. PM must be involved in the creation of the contracts. Performance reports can be used to report the key information, but not limited to : Current status. Based o PMBOK Guide®, 6th Edition Purchase the Entire Slide Deck • The PMP/CAPM Instructor slides are based on the PMBOK 6th edition. www.ReadytoTrainMaterials.com 35 The Industry Trends: The Industry Trends Product and technology development; New and changing market niches ; Standards (e.g., project management, quality management, information security management ); Technical support tools; Economic forces that impact the immediate project; Influences affecting the project management discipline; Process improvement and sustainability strategies www.ReadytoTrainMaterials.com 36 Project Manager Competences: Project Manager Competences www.ReadytoTrainMaterials.com 37 Technical Project Management Skills: Technical Project Management Skills Focus on the critical technical project management elements for each project they manage. www.ReadytoTrainMaterials.com 73 Exercise: Exercise Q2. Together these two publications are a powerful tool that enable the right approach for the right project. PREPARATION The CPI is 1.1 and the SPI is 0.8. PowerPoint Templates. ... A Guide to the Project Management Body of Knowledge Pmbok Guide + Praxisleitf... $74.71. Cost management is basically managing project funding. Under the umbrella of … You are taking over a project and determine the following: Task B has an early finish of day 3, a late finish of day 6, and an early start of day 2. Estimate at completion (EAC) may differ from Budget at Completion (BAC) Estimate to complete (ETC) is the estimate of remaining work. contact the author of the presentation. www.ReadytoTrainMaterials.com 124 Project Procurement Management– Tools & Techniques : Cost-reimbursable Contract: The seller's cost are reimbursed, plus an additional amount. March, 2018. View and Download PowerPoint Presentations on Pmbok 5th Edition PPT. From a business perspective, a project is aimed at moving an organization from one state to another state in order to achieve a specific objective www.ReadytoTrainMaterials.com 9 Projects Enable Business Value Creation: Projects Enable Business Value Creation value is the net quantifiable benefit derived from a business endeavor. Over 500 pages long POWERPOINT SLIDES and was created for PMBOK 6. Studying the diagram, which path is the critical path? www.ReadytoTrainMaterials.com 39 2 Leadership Skills: Leadership Skills Dealing with People Qualities and SKILLS of a Leader (Being a visionary, Being optimistic and positive, Being collaborative, Managing relationships and conflict, Communicating Politics, Power, and Getting Things done www.ReadytoTrainMaterials.com 40 3 Comparison of Leadership and Management: Comparison of Leadership and Management www.ReadytoTrainMaterials.com 41 Leadership Styles: Leadership Styles www.ReadytoTrainMaterials.com 42 Personality: Personality Personality refers to the individual differences in characteristic patterns of thinking, feeling, and behaving. 5/6 of a day. The project will come to an end when the website is posted on the server and is ready for use by appropriate users. The PMBOK ® Guide – Sixth Edition and Agile Practice Guide were created to complement each other. Copy, PMP Exam Prep for PMP trainers based on PMBOK 6th guide , project management professi, Project Management Professional (PMP) Exam Preparation: Project Management Professional (PMP) Exam Preparation (Based on Guide to PMBOK 6th Edition ) www.ReadytoTrainMaterials.com 1 Developed by 4 of our PMP Trainers and Experts Covered the latest PMBOK edition 6 2018 PMP Materials in the Course: PMP Materials in the Course www.ReadytoTrainMaterials.com 3 Slide4: (Based on Guide to PMBOK 6th Edition) Chapter One: Chapter One Introduction www.ReadytoTrainMaterials.com 5 What is a Project ? No additional materials needed PMLS materials are incredibly comprehensive with all of the information needed for… $9.49 + $7.99 shipping . Cost Plus Incentive Fee (CPIF): the seller is reimbursed for all costs and receives a predetermined incentive fee based on achieving certain performance objectives set in advance in the contract. This phase includes the procedures to investigate and document the reasons for actions taken if a project is terminated before completion. Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. You can change your ad preferences anytime. www.ReadytoTrainMaterials.com 50 Perform Integrated Change Control: Perform Integrated Change Control It should be written formally and entered to change control and configuration control systems. Based on the information above, what would you be most concerned about? Knowledge . 08. th. Embed: Contribution www.ReadytoTrainMaterials.com 133 Slide134: Slides from 427-434 are not shown in the free sample www.ReadytoTrainMaterials.com 134 Slide136: Chapter 14 Professional Responsibility www.ReadytoTrainMaterials.com 136 Slide137: Slides from 430-437 are not shown in the free sample www.ReadytoTrainMaterials.com 137 Exercise - Quiz: Exercise - Quiz www.ReadytoTrainMaterials.com 138 Slide139: Chapter 15 Passing the Exam www.ReadytoTrainMaterials.com 139 Slide140: Slides from 440-450 are not shown in the free sample www.ReadytoTrainMaterials.com 140. FPIF: contract= $ 1M + for every month added $1000 . www.ReadytoTrainMaterials.com 48 Monitor and Control Project Work - Inputs: Monitor and Control Project Work - Inputs Performance Reports: Reports should be prepared by the project team detailing activities, accomplishments, milestones, identified issues and problems. The estimate for a task is O = 3 days, P = 7 days, M = 4 days. www.ReadytoTrainMaterials.com 69 Develop Schedule-Outputs: Develop Schedule-Outputs Schedule Network Analysis Schedule network analysis is a technique that generates the project schedule. Target cost 210,000 Target fee 25,000 Target price 235,000 Sharing ratio 80/20 Actual cost 200,000 Final fee 201,000-200,000=10,000 10,000 x 20%=2,000 25,000 (target fee) +2,000=27,000 Final price 200,000+27,000=227,000 www.ReadytoTrainMaterials.com 128 Slide130: Chapter 13 Project Stakeholder Management www.ReadytoTrainMaterials.com 130 Project Stakeholder Management: Project Stakeholder Management www.ReadytoTrainMaterials.com 131 Identify Stakeholders : Identify Stakeholders Identify Stakeholders is the process of identifying project stakeholders regularly and analyzing and documenting relevant information regarding their interests, involvement, interdependencies, influence, and potential impact on project success. A. Costing includes the monetary resource required to complete the project and pricing normally include a profit margin. Now Estimate at completion = AC + ETC. You can buy the slides by $4 https://payhip.com/b/lPX5. For Schedule related equation there is PV and AC for cost related Tools and Techniques Earned Value Management (EVM) www.ReadytoTrainMaterials.com 84 Control Costs- Tools and Techniques: Forecasting Using the earned value analysis, team can now forecast the project performance. Further, through numerous individual and group exercises, participants will immediately apply the learnt concepts. 2/3 of a day. The status of all the changes , approved or not, will be updated in the change request log as part of the project document updates. Ambiguity . Performance. B. Now customize the name of a clipboard to store your clips. MBA, PMP Project schedule network diagrams www.ReadytoTrainMaterials.com 66 Bar (Gantt Chart): Bar (Gantt Chart ) www.ReadytoTrainMaterials.com 67 Milestone Chart: Milestone Chart www.ReadytoTrainMaterials.com 68 Develop Schedule: Outputs Project Calendars: Develop Schedule: Outputs Project Calendars working days and shifts that are available for scheduled activities. www.ReadytoTrainMaterials.com 119 Legal Contractual Relationships: Legal Contractual Relationships Purchase Order. It reviews all requests for changes or modifications to project documents, deliverables, baselines, or the project management plan and approves or rejects the changes. The areas covered are compilation of all the slides I've used to teach the PMP. It is critical for project success to identify the stakeholders early in the project or phase and to analyze their levels of interest, their individual expectations, as well as their importance and influence. The Guide is a document resulting from work overseen by the Project Management Institute (PMI), which offers the CAPM and PMP certifications. Dynamic TCPI = Work Remaining/Funds remaining = (Budget At Completion – Earned Value ) / (BAC – Actual cost) = (BAC-EV)/(BAC-AC). When you order the PMBOK ® Guide – Sixth Edition (in English) you will receive a complimentary copy of the Agile Practice Guide.
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