Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

PMP Training - Project Time Management Part 2

535 views

Published on

Here is the material about Project Time Management Part 2 as a part of Skillogic Knowledge Solutions PMP Training.

Skillogic Knowledge Solutions is providing PMP Training in Chennai, Hyderabad, Delhi, Mumbai and Bangalore. If you are looking classroom training for PMP certification course, then Skillogic is best option.

Published in: Education
  • Login to see the comments

PMP Training - Project Time Management Part 2

  1. 1. PMI Project Management Professional (PMP)® Workshop
  2. 2. Project Time Management Part 2 © 2013 Skillogic Knowledge Solutions. All Rights Reserved 2
  3. 3. Inputs: Sequence Activities  Activity list has the list of activities to be performed. Activity attributes has the additional information about the activities. Milestone list mark the key achievement  Project scope statement contains the product description which has the details of features and functionality. We can relate the order of the features and functionality of the product by determining the order of the activities © 2013 Skillogic Knowledge Solutions. All Rights Reserved3
  4. 4. Tools & techniques: Sequence Activities  Precedence diagramming method (PDM)uses rectangles to represent activities and connects them using arrows. This tool is also called Activity on node  PDM includes 4 types of logical relationships : 1. Finish to Start – Activity C cannot start unless Activity A has finished 2. Start to Start – Activity B cannot start unless Activity A has started 3. Finish to Finish – Activity B cannot finish unless Activity A has finished 4. Start to Finish - Activity B cannot finish unless Activity A has started  Dependency determination establishes logical relationships as a result of existing dependencies. The type of logical relationship possible are: 1. Mandatory or hard logic are the result of inherent nature of work. Contractual compliance and product limitations are examples © 2013 Skillogic Knowledge Solutions. All Rights Reserved4
  5. 5. Tools & techniques: Sequence Activities  Dependency determination establishes logical relationships as a result of existing dependencies. The type of logical relationship possible are: 1. Mandatory or hard logic are the result of inherent nature of work. Contractual compliance and product limitations are examples 2. Discretionary or preferential logic dependencies exist as a result of preferences of project team 3. External dependency indicates that an activity outside of the project has an effect on the sequence project activities. The relationship between activities is dependent on the external event © 2013 Skillogic Knowledge Solutions. All Rights Reserved5
  6. 6. Tools & techniques: Sequence Activities  Applying leads and lags takes into account any delays or advances between activities. The delays are called as lags and advances are called as leads  Lag which is also called as waiting time, is the amount of delay that exists between activities  Schedule network templates includes the templates from previous projects. Sub network is the portion of the network from past project © 2013 Skillogic Knowledge Solutions. All Rights Reserved6
  7. 7. Outputs: Sequence Activities  Project schedule network diagrams are displays and the logical relationships between the activities © 2013 Skillogic Knowledge Solutions. All Rights Reserved7
  8. 8. Introduction: Estimate Activity Resources  Identify the type and quantity of resources needed to accomplish the activities. Document the details for each activity  Estimate cost is another process which is closely associated with this process at an activity level © 2013 Skillogic Knowledge Solutions. All Rights Reserved8
  9. 9. Estimate Activity ResourcesInputs • Schedule management plan • Activity list • Activity attributes • Resource calendars • Risk register • Activity cost estimates • Enterprise environmental factors • Organizational process assets Tools&Techniques • Expert judgment • Alternative analysis • Published estimating data • Bottom-up estimating • Project management software Outputs • Activity resource requirements • Resource breakdown structure • Project documents updates © 2013 Skillogic Knowledge Solutions. All Rights Reserved9
  10. 10. Inputs: Estimate Activity Resources  Activity list contains the list of activities that need to be performed to accomplish a deliverable  Activity attributes are supporting information about the activity  Activity resource requirements will depend on availability which is available in resource calendar. Activity resource requirements will also depend on the skill level © 2013 Skillogic Knowledge Solutions. All Rights Reserved10
  11. 11. Tools & techniques: Estimate Activity Resources  Bottom-up estimating involves estimating resources of an activity after it has been decomposed into smaller levels  Published estimating data includes known productivity and resource requirements based on similar past projects or benchmarking © 2013 Skillogic Knowledge Solutions. All Rights Reserved11
  12. 12. Outputs: Estimate Activity Resources  Activity resource requirements contains the type and quantities of resources to accomplish the activities  Adding the resources will result in total resources at a work package level  Resource breakdown structure is a hierarchical breakdown of the resources by categories © 2013 Skillogic Knowledge Solutions. All Rights Reserved12
  13. 13. Introduction: Estimate Activity Durations  Estimating activity duration requires information on resources as well as work involved for an activity  This process is about identifying number of work periods to complete activities © 2013 Skillogic Knowledge Solutions. All Rights Reserved13
  14. 14. Estimate Activity Durations Inputs • Schedule management plan • Activity list • Activity attributes • Activity resource requirements • Resource calendars • Project scope statement • Risk register • Resource breakdown structure • Enterprise environmental factors • Organizational process assets Tools&Techniques • Expert judgment • Analogous estimating • Parametric estimating • Three-point estimating • Group decision- making techniques • Reserve analysis Outputs • Activity duration estimates • Project documents updates © 2013 Skillogic Knowledge Solutions. All Rights Reserved14
  15. 15. Inputs: Estimate Activity Durations  Activity list contains the list of activities that need to be performed to accomplish a deliverable  Activity attributes are supporting information about the activity  Activity resource requirements will depend on availability which is available in resource calendar. Activity resource requirements will also depend on the skill level  Project scope statement has assumptions and constraints for this process © 2013 Skillogic Knowledge Solutions. All Rights Reserved15
  16. 16. Tools & techniques: Estimate Activity Durations  Three persons guessing is better than one person guessing  Three point estimates uses three values to determine the duration of an activity using the PERT formula: An optimistic estimate, a pessimistic estimate, a most likely estimate © 2013 Skillogic Knowledge Solutions. All Rights Reserved16
  17. 17. Tools & techniques: Estimate Activity Durations  Parametric estimating uses statistical relationship between past duration data and variables like number of meters of road, function point count, etc., to estimate current activity duration  Actual duration of activities of previous projects are used to estimate duration of activities of current project in Analogous estimating. This is also called top-down estimating and used when there is limited information. Relies on expert judgment and is reliable when current project is similar to the previous project. It is used in the early phases of the project © 2013 Skillogic Knowledge Solutions. All Rights Reserved17
  18. 18. Tools & techniques: Estimate Activity Durations  Reserve analysis involves taking into consideration time buffers when estimating duration for activities. Risks which may impact the schedule should be considered when estimating duration.  This buffer can be calculated based on fixed percentage of activity duration or based on quantitative risk analysis © 2013 Skillogic Knowledge Solutions. All Rights Reserved18
  19. 19. Introduction: Develop Schedule  This process is all about determining planned start and finish dates of activities in a project. The planned start and finish date of activities are dependent on the outputs of time management planning processes  Developing a schedule is a sequential process  Project schedule normally undergoes multiple iterations of changes. The approved version of project schedule becomes the schedule baseline © 2013 Skillogic Knowledge Solutions. All Rights Reserved19
  20. 20. Develop ScheduleInputs • Schedule management plan • Activity list • Activity attributes • Project schedule network diagrams • Activity resource requirements • Resource calendars • Activity duration estimates • Project scope statement • Risk register • Project staff assignments • Resource breakdown structure • Enterprise environmental factors • Organizational process assets Tools&Techniques • Schedule network analysis • Critical path method • Critical chain method • Resource optimization techniques • Modeling techniques • Leads and lags • Schedule compression • Scheduling tool Outputs • Schedule baseline • Project schedule • Schedule data • Project calendars • Project management plan updates • Project documents updates © 2013 Skillogic Knowledge Solutions. All Rights Reserved20
  21. 21. © 2015 Skillogic Knowledge Solutions. All Rights Reserved21 Skillogic Knowledge Solutions Call Us @ 901-989-9000 If you are looking for PMP Certification Training in Chennai visit: http://in.skillogic.com/pmp-training/pmp-certification-chennai

×