- Change log is an input to manage stakeholder engagement and Issue log is an output of this process.
- Prevention is about keeping errors out of the process whereas inspection is about keeping errors out of the hands of the customer
- prioritization matrices - Perform Quality Assurance - The 5th tool out of these 7 tools is listed as prioritization matrices, which aids the decision-making process by helping prioritize or rank various alternatives for implementation. Prioritization matrices are used in brainstorming in order to evaluate different issues based on set criteria to create a prioritized list of items. By doing so, it helps consider the opinions of everyone involved in project planning. With this particular tool, it helps the project managers determine which problems should be solved first to meet the objectives.
- Decision trees - A key part of expected monetary value (EMV) analysis, which is a tool & technique in the Perform Quantitative Risk Assessment process of Risk Management.
Key - Decision Node (square), Chance Node (circle), End of branch (Triangle)
- A procurement audit is a project management process that reviews different contracts and contracting processes to determine the completeness, efficacy as well as the accuracy of the procurement process.
- Cause and effect diagram is one of the tools from 7 basic quality tools, and used in “Plan Quality” and “Control Quality" as a Tool & Technique.
- All of the monitoring and control processes and many of the executing processes produce change requests as an output. Change requests include corrective action and preventive action.
- Historical information is key to improve estimates
- Main role of Functional Manager is to control resources
- AON does not use dummies in network diagram
- NETWORK DIAGRAM NOTATIONS
There are primarily two type of notations to draw a network diagram. They are
Activity on Arrow (AOA) or Activity Diagramming Method (ADM)
Activity on Node (AON) or Precedence Diagramming Method (PDM)
- Major results of communication blockers is Conflict. Communications barriers increase the level of conflict.
- If PM wants to decrease costs, he should look at Direct & Variable costs.
- The 5 costs:
Direct cost
Indirect cost
Fixed cost
Variable cost
Sunk cost - "Sunk cost is a loss which should not play any part in determining the future of the project."
- Direct costs and variable costs are costs that are directly attributable to the project. PM can analyze these costs to find ways to be more efficient and reduce them.
- Costs incurred on room rental are considered fixed costs.
- Prevention is about keeping errors out of the process whereas inspection is about keeping errors out of the hands of the customer
- prioritization matrices - Perform Quality Assurance - The 5th tool out of these 7 tools is listed as prioritization matrices, which aids the decision-making process by helping prioritize or rank various alternatives for implementation. Prioritization matrices are used in brainstorming in order to evaluate different issues based on set criteria to create a prioritized list of items. By doing so, it helps consider the opinions of everyone involved in project planning. With this particular tool, it helps the project managers determine which problems should be solved first to meet the objectives.
- Decision trees - A key part of expected monetary value (EMV) analysis, which is a tool & technique in the Perform Quantitative Risk Assessment process of Risk Management.
Key - Decision Node (square), Chance Node (circle), End of branch (Triangle)
- A procurement audit is a project management process that reviews different contracts and contracting processes to determine the completeness, efficacy as well as the accuracy of the procurement process.
- Cause and effect diagram is one of the tools from 7 basic quality tools, and used in “Plan Quality” and “Control Quality" as a Tool & Technique.
- All of the monitoring and control processes and many of the executing processes produce change requests as an output. Change requests include corrective action and preventive action.
- Historical information is key to improve estimates
- Main role of Functional Manager is to control resources
- AON does not use dummies in network diagram
- NETWORK DIAGRAM NOTATIONS
There are primarily two type of notations to draw a network diagram. They are
Activity on Arrow (AOA) or Activity Diagramming Method (ADM)
Activity on Node (AON) or Precedence Diagramming Method (PDM)
- Major results of communication blockers is Conflict. Communications barriers increase the level of conflict.
- If PM wants to decrease costs, he should look at Direct & Variable costs.
- The 5 costs:
Direct cost
Indirect cost
Fixed cost
Variable cost
Sunk cost - "Sunk cost is a loss which should not play any part in determining the future of the project."
- Direct costs and variable costs are costs that are directly attributable to the project. PM can analyze these costs to find ways to be more efficient and reduce them.
- Costs incurred on room rental are considered fixed costs.
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