# Simulation - Is performed by Monte Carlo Analysis
# Sensitivity Analysis - A quantitative risk analysis and modeling technique, determine which risks have the most potential impact on the project. Typical display is by Tornado diagram
# Workaround - A response to a threat that has occurred, for each a prior response had not been planned or was not effective
# Indirect cost should be included in Activity level or higher levels
# Organizations with a higher maturity level (e.g. Level 4: all processes are managed quantitatively) set up an organization level baseline called process capability baselines. PCB or Process Capability Baseline specifies what results are to be expected when a process is followed. Using PCB a project can predict at the total level, effort required at various stages, cost and schedule performance, overall quality, or productivity. In this case, the project manager is right to set the target values of his project metrics based on the organization’s baseline value.
# Risk Audit - TT of Risk Control
# Quality Audit - TT of Perform Quality Assurance
# Procuremnt Audit - TT of Close Procurements
# SWOT Analysis - TT of Identify Risk
# Stakeholder Analysis - TT of Identify Stakeholders
# Information Gathering Techniques - TT of Identify Risk
- Examples of information gathering techniques used in identifying risks can include: Brainstorming, Delphi Technique, Interviewing, Root cause analysis
# Salience Model - Classification of model used for stakeholders analysis -> describing classes of stakeholders based on their power (ability to impose their will), urgency (need for immediate attention), and legitimacy (their involvement is appropriate) [Based on 3 Attributes].
Manage Closely: Definitive
Keep Satisfied: Dominant, Dangerous
Keep Informed: Dependent
Monitor: Dormant, Discretionary, Demanding
# A milestone is a zero duration activity and these charts are commonly used to present project status to senior management or a customer.
# Qualitative risk analysis - prioritizes risks with the probility and impact matrix
Risk identification - SWOT analysis and root cause identification
quantitative risk analysis - Simulation
# Pareto charts works on the Pareto principal which states 80 of the problems usually stem from 20 of the causes.
# The project manager is doing procurement performance reviews as part of the process 'Control Procurements'. It is a structured review of the seller's progress to deliver project scope and quality, within cost and on schedule, as compared to the contract.
# A sequential relationship - The step by step nature of the approach reduces uncertainty but may eliminate options or reducing the schedule.
# Project scope statement captures all of the details related to the project scope including product acceptance criteria, scope description, project deliverables, constraints, assumptions, etc.
# Outputs of the Direct and Manage Project Work process: Deliverables and work performance data
# If the project is terminated, the project manager should do scope validation to determine the extent of completion of the project.
# The critical chain method is a schedule network analysis technique that modifies the project schedule to account for limited resources.
# Quality metrics is an input to perform quality assurance.
# Integrated change control starts with impact analysis of requested changes.
# Sensitivity Analysis - A quantitative risk analysis and modeling technique, determine which risks have the most potential impact on the project. Typical display is by Tornado diagram
# Workaround - A response to a threat that has occurred, for each a prior response had not been planned or was not effective
# Indirect cost should be included in Activity level or higher levels
# Organizations with a higher maturity level (e.g. Level 4: all processes are managed quantitatively) set up an organization level baseline called process capability baselines. PCB or Process Capability Baseline specifies what results are to be expected when a process is followed. Using PCB a project can predict at the total level, effort required at various stages, cost and schedule performance, overall quality, or productivity. In this case, the project manager is right to set the target values of his project metrics based on the organization’s baseline value.
# Risk Audit - TT of Risk Control
# Quality Audit - TT of Perform Quality Assurance
# Procuremnt Audit - TT of Close Procurements
# SWOT Analysis - TT of Identify Risk
# Stakeholder Analysis - TT of Identify Stakeholders
# Information Gathering Techniques - TT of Identify Risk
- Examples of information gathering techniques used in identifying risks can include: Brainstorming, Delphi Technique, Interviewing, Root cause analysis
# Salience Model - Classification of model used for stakeholders analysis -> describing classes of stakeholders based on their power (ability to impose their will), urgency (need for immediate attention), and legitimacy (their involvement is appropriate) [Based on 3 Attributes].
Manage Closely: Definitive
Keep Satisfied: Dominant, Dangerous
Keep Informed: Dependent
Monitor: Dormant, Discretionary, Demanding
# A milestone is a zero duration activity and these charts are commonly used to present project status to senior management or a customer.
# Qualitative risk analysis - prioritizes risks with the probility and impact matrix
Risk identification - SWOT analysis and root cause identification
quantitative risk analysis - Simulation
# Pareto charts works on the Pareto principal which states 80 of the problems usually stem from 20 of the causes.
# The project manager is doing procurement performance reviews as part of the process 'Control Procurements'. It is a structured review of the seller's progress to deliver project scope and quality, within cost and on schedule, as compared to the contract.
# A sequential relationship - The step by step nature of the approach reduces uncertainty but may eliminate options or reducing the schedule.
# Project scope statement captures all of the details related to the project scope including product acceptance criteria, scope description, project deliverables, constraints, assumptions, etc.
# Outputs of the Direct and Manage Project Work process: Deliverables and work performance data
# If the project is terminated, the project manager should do scope validation to determine the extent of completion of the project.
# The critical chain method is a schedule network analysis technique that modifies the project schedule to account for limited resources.
# Quality metrics is an input to perform quality assurance.
# Integrated change control starts with impact analysis of requested changes.
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