Planning Initiating

Scope Planning
Develop Project Charter Scope Management Plan

Initiation & Planning Processes

Communications Planning

Project Charter Develop Prelim. Project Scope Statement

Scope Definition
Comm. Management Plan Scope Statement

Quality Planning Create WBS

Prelim. Project Scope Stmt. WBS Quality metrics/checklists Process improvement plan Quality baseline

Cost Estimating

Cost Budgeting

Activity Definition

Plan Purchases and Acquisitions

Risk Management Planning

Risk Management Plan

Procurement Management Plan Cost Estimates Cost Baseline

Activity Lists

Plan Contracting

Risk Identification
Risk Register

Activity Sequencing

Activity Resource Estimating

Activity Duration Estimating

Schedule Development

Qualitative Risk Analysis

Quantitative Risk Analysis

Network Diagram
NOTE: All boxed rectangles are PROCESSES. Plain text is an output/input from one process to the other. Not all inputs and outputs are represented here.

Activity Resource Requirements

Activity Duration Estimates

Project Schedule

Risk Response Planning

HR Planning

Team Determined Ready for Kick-off Meeting

V8.08

Develop Project Management Plan

Executing, Monitoring and Controlling, & Closing Processes

Execution of Project or Phase
Direct and Manage Project Execution DeliverablesWork pkgs Requested changes Implemented actions Perform Quality Assurance Recom. corrective actions Acquire Project Team Staff assignments Resource availability Develop Project Team Team Performance assessments
Performance Rpts Work performance information

Control of Project or Phase

Monitor and Control Project Work Perform Quality Control Scope and Cost Control Manage Project Team Performance Reporting Risk Monitoring & Ctrl Contract Administration Schedule Control Scope Verification Manage Stakeholders

NOTE: Items in boxes are processes. Items as standalone text are input or outputs.

Requested changes Recommend corrective actions/repairs

Integrated Change Ctrl

Information Distribution
Requested changes OPA Updates Deliverables Communications Management Plan

Approved changes & actions Validated Repairs Resolved issues

Request Seller Responses Procurement package Proposals Select Sellers Contract

Break at 50 Breathe & Stretch Read ?? Carefully Read all 4 answers Track answers

Closing of Project or Phase

Deliverables Contract Documentation

Close Project

Contract Closure

Actual Fee ((TC - AC) x SSR) + TF

Comm Channels

N(N-1) 2
Expected Monetary Value (EMV) probability x impact

Final product verification & acceptance Admin closure procedure (LL) Contract closure procedure

Closed contracts

Point of Total Assumption (PTA) ((CP - TP) /BSR) + TC

For informational purposes onlyno need to memorize AC = Actual Cost CP = Ceiling Price TC = Target Cost TP = Target Price BSR = Buyers Share Ratio SSR = Sellers Share Ratio TF = Target Fee

EARNED VALUE ANALYSIS Planned Value = Budgeted Cost of Work Scheduled PV = BCWS Earned Value = Budgeted Cost of Work Performed EV = BCWP Actual Cost = Actual Cost of Work Performed AC = ACWP Earned Value EV Cost Variance CV Schedule Variance SV = = = = = = = = = BAC EV EV EV EV AC AC + BAC EAC BAC * %Comp - AC - PV / AC / PV / %comp - EV - AC - EAC

PERT (P+4M+O) 6
Project Std. Dev. = square root of the sum of the task variances

Std. Dev. (P-O) 6

Normal Distribution 1 Sigma = 68.26% 2 Sigma = 95.46% 3 Sigma = 99.73% 6 Sigma = 99.99%

Task Variance (P-O) 2 6

Present Value = FV (1+r)n
r = interest rate n= number of time periods

Cost Performance Index CPI Schedule Performance Index SPI Estimate At Completion (typical) EAC Estimate At Completion EAC (atypical) Estimate To Complete ETC Variance At Completion VAC

V8.08