1-Capm Intro to Pm

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    IntroductionTo CAPM (vers ion 4.0, Copyright 2008 by PMI Mumbai Chapter. All rights reserved.) 1

    Project Management Framework

    Introduction

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    Project Management Institute (PMI) USA, the global body

    for certification of Project Management Professionals

    Official site of PMI - www.pmi.org

    Official site of Mumbai Chapter

    www.pmimumbaichapter.org23 hours of PM Education based on PMBOK guide

    Based on Project Management Body of Knowledge(PMBOK) Fourth Edition (2008 Version)

    Mumbai Chapter is governed by an elected committee

    PMI Introduction

    http://www.pmimumbaichapter.org/http://www.pmimumbaichapter.org/
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    PMP Certification Qualifications

    Individual has to demonstrate understanding of thefundamental knowledge, processes and terminology asdefined in A Guide to the Project Management Body ofKnowledge (PMBOK Guide)

    Requirements

    Minimum 23 hours of PM classroom instruction or 1500hours of PM experience in project team

    Secondary Education or equivalent

    Complete and submit the CAPM certification application

    directly to PMI.

    Successfully complete 3-hours computer-based exam. 150questions given, 135 questions assessed. Passing score88 out of 135 i.e around 65%

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    PMBOK Guide is a standard for Project Management whereone can use different methodologies to implement

    Includes established norms, methods and practices in formof inputs, tools and techniques and outputs

    Provides guidelines for managing individual projects

    As with other professions such as law, medicine, andaccounting, the body of knowledge rests with thepractitioners and academics who apply and advance it.

    Purpose of PMBOK:

    Identify industry best practices in Project Management

    Define Project Management lexicon

    Act as a reference document/standard

    PMBOK Guide Definition

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    There will be four options, of which only one can beselected

    There will always be only one correct answer

    There will be no None of the above answers

    Typically

    one option appears very wrong

    two options appear somewhat wrong or subject tointerpretation

    only one option is the correct answer

    Examination Format

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    Review The Guide to the PMBOK

    Understand key definitions and terminology

    Review of the commonly accepted PM functions

    Discussion and Coverage of important topics from examinationperspective

    Exercise of sample test questions

    Preparatory Course Outline

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    Section I Framework : Provides basis forunderstanding project management

    Introduction , Project Life Cycle and Organization

    Section II Standard for PM of a Project: Definesproject management processes and its related inputs

    and outputs

    Project Management Processes for a Project

    Section III - The PM Knowledge Areas: Focuses on

    each of the project management aspect in details

    Integration, Scope, Time, Cost, Quality, HR,Communications, Risk, Procurement

    PMBOK Guide Overview

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    IntegrationManagement

    ScopeManagement

    TimeManagement

    Cost ManagementQuality

    ManagementHuman Resources

    Management

    CommunicationsManagement

    RiskManagement

    ProcurementManagement

    Project Management knowledge Areas

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    Project Definition : A temporary endeavor undertaken to create aunique product, service or result

    Product can be component or other item or end item itself

    Capability to perform business service e.g. production, distribution

    Result such as outcome or document e.g. research report

    Features

    Temporary : Finite duration, project ceases when its objectiveis achieved. Does not mean short duration. Normally, theproduct/service will outline the project

    Unique : Doing something which has not been done earlier.

    Progressive Elaboration : Developing in steps, continuing inincrements. Development of details progressively.

    Environment

    Constantly changing

    Generally Precedes Operations

    What is a Project?

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    Projects and Operations

    Operations : Ongoing, repetitive, for sustaining business

    Projects : Temporary, unique.

    Projects and Strategic Planning

    Projects used to achieve strategic plans

    In response to market demands, technological advances, legalrequirements, etc.

    Project Life Cycle

    e.g. Initial phase, design phase, prototype phase, productionphase

    Relationship between Project and Operations

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    Enterprise Environmental Factors (EEF)

    Enterprise Environmental Factors refers to both internaland external factors that surrounds or influence a project

    success

    Considered as input for most of the planning processes

    Includes but not limited to:

    Organizational culture, structure and processes

    Government or industry standards

    Infrastructure (existing facilities, etc)

    Existing human resources Personnel administration

    Marketplace conditions

    Political climate

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    What is Project Management?

    Application of

    Knowledge (e.g. Domain areas Pharma, construction, etc.)

    Skills (Managing)

    Tools & Techniques (Software)

    Project activities (e.g Time Management, Cost Management, etc.)

    To achieve

    Project objectives

    PM is accomplished though processes

    Initiating, Planning, Executing, Controlling, and Closing

    Project work typically involves

    Identifying requirements

    Defining objectives

    Balancing constraints including but not limited to Scope, Quality,Schedule, Budget, Resources and Risk

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    Enhance the probability of project success

    Focus on objective - Scope, Time, Cost, Quality & Risk

    Effective response to rapid changes

    Manage effective utilisation of resources

    Address stakeholders interests

    Manage risks effectively

    Achieve project goals

    Stakeholders Delight (Utopian?)

    Achieve Financial Efficiency

    Meet Objectives

    Minimize Risks

    Lessons Learnt

    Create re-usable data and information for future use

    Why Project Management?

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    Relationship between Portfolio, Program and Project Management

    Portfolio

    Collection of projects, programs and other works grouped togetherto facilitate effective management to meet strategic businessobjectives

    Involves mainly prioritizing projects and allocating resources tothem for meeting strategic objectives

    Program

    Collection of group of related projects managed in coordinatedway to obtain benefits and control which is not available managingthem individually

    Can involve managing resource constraints

    Managing projects issues and change management withshared structures

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    Strategic Plan

    Program

    (Group of Projects)

    Projects

    Portfolio

    Sub projects

    Project

    Management

    Office

    Hierarchy of Endeavors (Projects)

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    Role of Project Manager

    Understanding of Tools and Techniques (best practices)for effective project management

    Domain specific skills

    General Management skills

    Should acquire three dimensions of project managementcompetency

    Knowledge: About project management

    Performance: Ability to achieve project objectives

    Personal: Behavior of project manager that includes attitude,personality characteristics and leadership for guiding projectteam for achieving project objectives