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PMI PMP Project Management Professional – Introducing Project Risk Management Part 2
Examining Stakeholder Tolerance As we’re doing risk planning, we always have to keep in mind what’s the tolerance for risk that our stakeholders are likely to have. So you think about a high profile project in your organization, whatever that may look like for you, versus a low profile project. In a high, high profile project, stakeholder tolerance is typically more low because the value, the success of the project you’re managing is very important to those stakeholders. We’re a low level project. The stakeholder tolerance is usually very high…
PMI PMP Project Management Professional – Introducing Project Resource Management
Section Overview: Project Resource Management In this section, we’re going to talk about project resource management. This is chapter nine of the PMBOK Guide on Project Resource Management. This used to be called human resource management, but now it’s all resources. So people and physical resources, like equipment and materials and things like that. So in this section, a lot of business to discuss. We’re going to look at some trends and emerging practices and how does this work in a predictive life cycle or an adaptive environment. So we’ll…
PMI PMP Project Management Professional – Introducing Project Resource Management Part 4
Rewarding the Project Team It’s important to reward project team members within the boundaries or constraints that you’re allowed to. As the project manager, people want to feel appreciated and valued, so it’s important for the project manager to reward the project team. Sometimes just saying thank you is all that you need, or telling people that they’re doing a great, great job and to keep it up, that is so valuable. I know often as a project manager, I really remembered when stakeholders said thank you to me or…
PMI PMP Project Management Professional – Introducing Project Resource Management Part 3
Acquiring Staff So you’re the project manager, and you’ve got to get people on your team. You have to acquire people to get on your team. So you’re doing this process of acquiring staff. Well, for many project managers, this is an easy process because the team is preassigned the project charter or early in project planning. You may be assigned a group of people as your team, or maybe you work with the same people over and over and over. That’s just your team. For projects. We also have…
PMI PMP Project Management Professional – Introducing Project Resource Management Part 2
Relating to Organizational Theories For your exam, you’ll need to know some organizational theories. So let’s take a look at some of these theories now, and I think these are kind of interesting. The first one is Maslow’s Hierarchy of Needs. If you’ve ever had a Psych 101 course, you’ve likely seen Maslow’s Hierarchy of Needs. Maslow says that we have five needs which drove derive our reason to work. The first one is a physiological need that we need water and food and air. So just those basics to…
PMI PMP Project Management Professional – Introducing Project Procurement Management
Section Overview: Project Procurement Management Welcome to this section on project procurement management. Do you buy stuff as a project manager? If you do, you probably are dealing with your procurement office or a contracting office, or maybe you’re doing maybe you’re the one that’s doing the procurement activity. Well, a lot of project managers that I meet, they don’t do any of that business that’s handled by other parts of their organization. So I think that sets up a lot of project managers to get frustrated with this chapter…
PMI PMP Project Management Professional – Implementing Project Integration Management Part 2
Creating an Assumptions Log The assumption log is a document that has a record of all of your assumptions, but also your constraints. Now, why we don’t call it the assumption constraint log, I don’t know. But for your exam, the assumption log has both assumptions and constraints. So let’s nail down the assumption log and talk talk about some different types of assumptions. Because this is a theme we’ll see throughout the project. The assumption is anything that you believe to be true, but you really haven’t proven it…
PMI PMP Project Management Professional – Introducing Project Communications Management Part 2
Interpersonal and Team Styles assessment In the Pmbox Guide Six edition, there are a couple of concepts you need to know about when it comes to an interpersonal and team styles assessment. It’s just a way of assessing the communications, what’s the most appropriate communications, and then thinking about your stakeholders and how you’ll communicate with stakeholders, holders that are opposed to your project or they are in favor of your project. So, let’s look at this. First off, communication styles assessment. Basically just doing an assessment of what’s the…
PMI PMP Project Management Professional – Introducing Project Communications Management
Section Overview: Project Communications Management Welcome to this section on project communications. We have an awful lot to talk about here when it comes to communication because 90% of a project manager’s time is spent communicating. So it’s no wonder that this is a really important topic for your PMP exam. In this section, we’re going to discuss the project communications management overview and creating a project communications plan. And so this is tied a lot to what we’ll see coming up in stakeholder management because we’re communicating with stakeholders….
PMI PMP Project Management Professional – Implementing Project Integration Management
Section Overview: Implementing Project Integration Management Welcome to section ten on project integration. Management. If you’re following along in the Pinbach Guide 6th edition, this section will correlate to chapter four in the Pinbach Guide with Project Integration Management. So this is where we’re going to discuss implementing Project Integration Management. And what is project integration? Management is we’ll talk about the trends and emerging practices in Project Integration Management, about tailoring Integration management to your environment. Then how does this work in adaptive environments? One of the first processes…