PMP Study Notes

Jun 21st, 2015
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Communication is more complex in Matrix Org., since it involves people from across the organization 2. Phase gate; the order of phases must be strictly consecutive without overlapping in order to allow for gates 3. Referent power is the ability to attract people and build trust, its based on charisma and interpersonal skill 4. Risk assessments means risk identification through Qualitative Risk Analysis 5. Project is not complete when customer accepts the deliverables. It completes when all other project mgmt deliverables like lessons learnt etc are complete 6. Historical relationship (tools in determine budget) is key to improve estimates. Bottom-up cost/resource estimate is the most accurate but most expensive and time-consuming, so the analogue cost estimate is most widely used.

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PMP Study Notes1. Communication is more complex in Matrix Org., since it involves people from across the organization2. Phase gate; the order of phases must be strictly consecutive without overlapping in order to allow for gates3. Referent power is the ability to attract people and build trust, its based on charisma and interpersonal skill4. Risk assessments means risk identification through Qualitative Risk Analysis5. Project is not complete when customer accepts the deliverables. It completes when all other project mgmt deliverables like lessons learnt etc are complete6. Historical relationship (tools in determine budget) is key to improve estimates. Bottom-up cost/resource estimate is the most accurate but most expensive and time-consuming, so the analogue cost estimate is most widely used.7. Quality Assurance:a. is when you are looking at way the process affects the quality.b. When you perform root cause analysis on process problem8. Even if confronting (also called problem-solving) sounds negativestill do it9. Whenever 7 tools used for inspection, its Quality Control, word potential or possible indicates plan quality10. If you come across a person who is not a PMP, but still claims, then immediately contact PMI11. Key to a good bonus system:a. Must be achievableb. Should not reward only one or a groupc. Goal should not be too aggressive12. In n(n-1)/2 type of problems, dont forget to add 1 for

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