Wednesday, March 30, 2011

Project Procurement Management

Project Procurement Management includes the processes necessary to purchase or acquire products, services, or results needed from outside the project team. The organization can be either the buyer or seller of the products, services, or results of a project.

Project Procurement Management includes the contract management and change control processes required to develop and administer contracts or purchase orders issued by authorized project team members.

Project Procurement Management also includes administering any contract issued by an outside organization (the buyer) that is acquiring the project from the performing organization (the seller), and administering contractual obligations placed on the project team by the contract.

According to PMBOK, there are four processes in the Project Procurement Management, which are:
  • Plan Procurements. The process of documenting project purchasing decisions, specifying the approach, identifying potential sellers.
  • Conduct Procurements. The process of obtaining seller responses, selecting a seller, and awarding a contract.
  • Administer Procurements. The process of managing procurement relationships, monitoring contract performance, and making changes and corrections as needed.
  • Close Procurements. The process of completing each project procurement.

Tuesday, March 29, 2011

Project Quality Management

Project Quality Management includes the processes and activities of the performing organization that determine quality policies, objectives, and responsibilities so that the project will satisfy the needs for which it was undertaken. It implements the quality management system through policy and procedures with continuous process improvement activities conducted throughout, as appropriate.

According to the PMBOK, there are three processes in the Project Quality Management, which are:
  • Plan Quality. The process of identifying quality requirements and/or standards for the project and product, and documenting how the project will demonstrate compliance.
  • Perform Quality Assurance. The process of auditing the quality requirements and the results from quality control measurements to ensure appropriate quality standards and operational definitions are used.
  • Perform Quality Control. The process of monitoring and recording results of executing the quality activities to assess performance and recommend necessary changes.

Saturday, March 26, 2011

Project Cost Management

Project Cost Management includes the processes involved in estimating, budgeting, and controlling costs so that the project can be completed within the approved budget.

According to the PMBOK, there are three processes in the Project Cost Management, which are:
  • Estimate Costs. The processes of developing and approximation of the monetary resources needed to complete project activities.
  • Determine Budget. The processes of aggregating the estimated costs of individual activities or work packages to establish an authorized cost baseline.
  • Control Costs. The process of monitoring the status of the project to update the project budget and managing changes to the cost baseline.

Friday, March 25, 2011

Project Risk Management

Project Risk Management includes the processes of conducting risk management planning, identification, analysis, response planning, and monitoring and control on a project. The objectives of Project Risk Management are to increase the probability and impact of positive events, and decrease the probability and impact of negative events in the project.

According to PMBOK, there are six processes in the Project Risk Management, which are:
  1. Plan Risk Management. The process of defining how to conduct risk management activities for a project.
  2. Identify Risks. The process of determining which risks may affect the project and documenting their characteristics.
  3. Perform Qualitative Risk Analysis. The process of prioritizing risks for further analysis or action by assessing and combining their probability of occurrence and impact.
  4. Perform Quantitative Risk Analysis. The process of numerically analyzing the effect of identified risks on overall project objectives.
  5. Plan Risk Responses. The process of developing options and actions to enhance opportunities and to reduce threats to project objectives.
  6. Monitor and Control Risks. The process of implementing risk response plans, tracking identified risks, monitoring residual risks, identifying new risks, and evaluating risk process effectiveness throughout the project.

Thursday, March 24, 2011

Project Time Management

Project Time Management includes the processes required to manage timely completion of the project.

According to the PMBOK, there are six processes in the Project Time Management, which are:
  • Define Activities. The process of identifying the specific actions to be performed to produce the project deliverables.
  • Sequence Activities. The process of identifying and documenting relationships among the project activities.
  • Estimate Activity Resources. The process of estimating the type and quantities of material, people, equipment, or supplies required to perform each activity.
  • Estimate Activity Durations. The process of approximating the number of work periods needed to complete individual activities with estimated resources.
  • Develop Schedule. The process of analyzing activity sequences, durations, resource requirements, and schedule constraints to create the project schedule.
  • Control Schedule. The process of monitoring the status of the project to update project progress and managing changes to the schedule baseline.

Wednesday, March 23, 2011

Project Scope Management

Project Scope Management includes the processes required to ensure that the project includes all the work required, and only the work required,  to complete the project successfully. Managing the project scope is primarily concerned with defining and controlling what is and is not included in the project.

According to the PMBOK, there are five processes in the Project Scope Management, which are:
  • Collect Requirements. The process of defining and documenting stakeholders' need to meet the project objectives.
  • Define Scope. The process of developing a detailed description of the project and product.
  • Create WBS. The process of subdividing project deliverables and project work into smaller, more manageable components.
  • Verify Scope. The process of formalizing acceptance of the completed project deliverables.
  • Control Scope. The process of monitoring the status of the project and product scope and managing changes to the scope baseline.

Sunday, March 20, 2011

Project Communications Management

Project Communications Management includes the processes required to ensure timely and appropriate generation, collection, distribution, storage, retrieval, and ultimate disposition of project information. Project managers spend the majority of their time communicating with team members and other project stakeholders, whether they are internal (at all organizational levels) or external to the organization. Effective communication creates a bridge between diverse stakeholders involved in a project, connecting various cultural and organizational backgrounds, different levels of expertise, and various perspectives and interests in the project execution or outcome.

According to PBMOK, there are five processes in the Project Communications Management, which are:
  1. Identify Stakeholders. The process of identifying all people or organizations impacted by the project, and documenting relevant information regarding their interests, involvement, and impact on project success.
  2. Plan Communications. The process of determining the project stakeholder information needs and defining a communication approach.
  3. Distribute information. The process of making relevant information available to project stakeholders as planned.
  4. Manage Stakeholder Expectations. The process of communicating and working with stakeholders to meet their needs and addressing issues as they occur.
  5. Report Performance. The process of collecting and distributing performance information, including status  reports, progress measurements, and forecasts.

Tuesday, March 15, 2011

Project Human Resource Management

Project Human Resource Management includes the processes that organize, manage, and lead the project team. The project team is comprised of the people with assigned roles and responsibilities for completing the project. The type and number of project team members can change frequently as the project progresses. Project team members may also be referred to as the project staff. While the specific roles and responsibilities for the project team members are assigned, the involvement of all team members in project planning and decision making can be beneficial. Early involvement and participation of team members adds their expertise during the planning process and strengthens their commitment to the project.

According to the PMBOK, there are four processes in the Project Human Resource Management, which are:
  • Develop Human Resource Plan. The process of identifying and documenting project roles, responsibilities, and required skills, reporting relationships, and creating a staffing management plan.
  • Acquire Project Team. The process of confirming human resource availability and obtaining the team necessary to complete project assignments.
  • Develop Project Team. The process of improving the competencies, team interaction, and the overall team environment to enhance project performance.
  • Manage Project Team. The process of tracking team member performance, providing feedback, resolving issues, and managing changes to optimize project performance.

Thursday, March 10, 2011

Six Conflict Resolution Techniques

The success of project managers in managing their project teams often depends a great deal on their ability to resolve conflict. Different project managers may have different conflict resolution styles.

There are six general techniques for resolving conflict, which are described below:
  • Withdrawing/Avoiding. Retreating from an actual or potential conflict situation.
  • Smoothing/Accommodating. Emphasizing areas of agreement rather than areas of difference.
  • Compromising. Searching for solutions that bring some degree of satisfaction to all parties.
  • Forcing. Pushing one's viewpoint at the expense of the others; offers only win-lose solutions.
  • Collaborating. Incorporating multiple viewpoints and insights from differing perspectives; leads to consensus and commitment.
  • Confronting/Problem Solving. Treating conflict as a problem to be solved by examining alternatives; requires a give-and-take attitude and open dialogue.
Successful conflict management results in greater productivity and positive working relationships. When managed properly, differences of opinion can lead to increased creativity and better decision making.