Beruflich Dokumente
Kultur Dokumente
Process developing a documents which formally authorize the project & gives authority to apply
organizational resources.
It will clearly defines boundaries of project (inclusions & exclusions)
Provide authority to project manager to use organizational resources.
Project Charter should be author by project sponsor; sponsor does not mean someone outside
the organization but could be outside the project team but will be the member of your
organization.
Project Charter is NOT a contract, is not a legal document.
INPUTS:
It justify the investment with qualitative & quantitative methods (cost-benefit analysis)
Different methods for talking decision for cost benefit analysis:
Payback Period Method (result will comes in Period)
Net Present Value (result will comes in Money, highest is better, value should be positive)
Internal Rate of Return (result will comes in Percentage, highest is better, IRR should meet
MARR = minimum attractive rate of return)
Benefit Cost Ratio (BCR) (result will comes in Index, minimum value should be 1 or above)
(iii) AGREEMENT
It's a formal contract or MOU or even verbal agreement within the organization.
Contract is used when a project is performed with third party
Company policies, templates, historical information, lesson learned from past, knowledge base
etc...
Judgment provided based on expertise from anyone anywhere from your organization
OUTPUT
Project Charter, document issued by the project initiator/sponsor to the project manager
formally authorizing the project start and giving powers to project manager to use resources.
Project purpose/justification
Smart Objectives
High level requirements, assumptions & constraint
High level project description
High level risks, summary milestones
Stakeholder list & project approval requirement
Assign project manager, responsibility & authority level
etc....
It is a process of compiling subsidiary plan (scope, cost, time, quality, risk etc...) and integrate
them into project management plan.
It is a central document which define the basis of all project works.
Content varies depends on the project
Project management plan should align with the program management plan, if project comes
under the program.
INPUTS
Any baselines & subsidiary plans that output from other planning processes.
(iii) EEF
(iv) OPA
OUTPUT
Project management plan, subsidiary plans, baselines. Once approved then it can changed only
through "Perform Integrated Change Control" process.
Project management plan does not contain project documents.
It is a process of leading & performing work define in the project management plan and
implement approved changes.
It provides overall management plan.
Perform activities to complete project activities
Create deliverable
Manage team members
Obtain, manage & use resources
Manage suppliers
Manage stakeholders
Approved Changes can be due to Corrective or Preventive actions or due to Defect Repair
INPUTS
A change that has been processed through the Integrated Change Control Process and
approved.
(iii) EPA
(iv) OPA
(iii) MEETING
Exchange information
Brainstorming
Decision Making
OUTPUT
Deliverable
Work performance data
Change request
Project management plan updates
Project documents update
INPUTS
Cost forecast derived from progress Vs baseline and computed estimate to complete (ETC) &
estimate at completion (EAC)
It is the performance data collected from various controlling processes, analyzed in context of
overall project performance
Various techniques used to evaluate, analyze or forecast potential outcomes based on possible
variations.
(iv) Meetings
OUTPUTS
Comparison between planned results to actual results based on that need to determine the
change request about constraints & resources
(iii) WORK PERFROMNACE REPORT
4.5 PERFORM INTEGRATED CHANGE CONTROL (important from exam point of view)
INPUTS
(iv) EEF
(v) OPA
It will be processed through PM, CCB or anyone who is authorized for this.
It will be implemented through the direct and manage project work.
All change request regardless of approval or rejection will be updated in Change Log.
INPUTS
(iii) OPA
(iii) Meetings
OUTPUTS
End of Chapter