A. Effective use of common techniques identified in organizational theory can shorten the amount of time, cost, and effort needed to create the Plan Resource Management process outputs and improve planning efficiency. A. Together these two publications are a powerful tool that enable How much more money we need? Use our proven approach! The company plans to break-even in three years by achieving the desired volume of output from its new plant. Part 4. Made Easy: Over 1270 slides help you study Smarter: ... understand PMBOK 6th edition in 20 days + Practice online for free for 90 days. The box is six sided, each side is to take one day to build and is budgeted for $1000 per side. PMBOK ® Guide – Sixth Edition and the Agile Practice Guide. PMBOK ® Guide Sixth Edition POWERPOINT PRESENTATION – two (2) day course This slide presentation with approximately 295 slides is intended to be used by instructors presenting an Eastwood Harris Planning and Control Using Microsoft Project 2013, 2016 or 2019 and PMBOK ® Guide Sixth Edition two (2) day course. In order to view it, please Your reputation is based on your students’ success. Program management harmonizes its program components and controls interdependencies in order to realize specified benefits . PMP slides based on PMBOK 6th edition. Changes may be requested by any stakeholder involved with the project. B. Control Costs- Tools and Techniques www.ReadytoTrainMaterials.com 97 Control Costs- Tools and Techniques: Control Costs- Tools and Techniques Cost Formulas Calculation Cost Performance Index (CPI) Estimate to Complete (ETC) Estimate at Completion (EAC) using new estimate Estimate at Completion (EAC) using remaining budget Estimate at Completion (EAC) using CPI To-Complete Performance Index (TCPI) based on BAC To-Complete Performance Index (TCPI) based on EAC To-Schedule Performance Index (TSPI) CPI = EV / AC ETC = BAC - EV or (BAC - EV) / CPI EAC = AC + ETC EAC = AC + BAC - EV EAC = AC + ( (BAC - EV) / CPI) or EAC = BAC / CPI TCPI = (BAC - EV) / (BAC - AC) TCPI = (BAC - EV) / (EAC - AC) (BAC - EV) / (BAC - PV) www.ReadytoTrainMaterials.com 98 Chapter 8: Chapter 8 Project Quality Management www.ReadytoTrainMaterials.com 99 Project Quality Management: Project Quality Management www.ReadytoTrainMaterials.com 100 Slide101: Slides from 281-303 are not shown in the free sample www.ReadytoTrainMaterials.com 101 Chapter 9: Chapter 9 Project Resource Management www.ReadytoTrainMaterials.com 102 Plan Resource Management: Plan Resource Management Is the process of identifying and documenting project roles, responsibilities, required skills, reporting relationships, and creating a staffing management plan www.ReadytoTrainMaterials.com 103 Project Resource Management Overview: Project Resource Management Overview 104 Plan Resource Management: Plan Resource Management is the process of defining how to estimate, acquire, manage, and use team and physical resources. Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. Resources. $100k/$200k=.5 Schedule Performance Index (SPI)=EV/PV We are(only) progressing at>>> percent of the rate originally planed $100k/$300k=.33 Revised total duration Baseline duration/schedule performance index 4/.33=12 months www.ReadytoTrainMaterials.com 88 Earned Value Technique : Earned Value Technique Terms and Formulas Definition Budget at Completion (BAC) How much did we budget for the total project effort? Task L is being done by a hard-to-get resource. www.ReadytoTrainMaterials.com 124 Project Procurement Management– Tools & Techniques : Cost-reimbursable Contract: The seller's cost are reimbursed, plus an additional amount. What is the duration of the critical path? Slides in PDF - Organizational Structures . A. ABCD B. EBCD C. EFH D. EGH Exercise www.ReadytoTrainMaterials.com 77 Control Schedule: Control Schedule The process of monitoring the status of the project to update the project schedule and managing changes to the schedule baseline www.ReadytoTrainMaterials.com 78 Chapter 7: Chapter 7 Project Cost Management www.ReadytoTrainMaterials.com 79 Slide80: 80 Project Cost Management: Project Cost Management Costing is different from Pricing. www.ReadytoTrainMaterials.com 28 Organizational Knowledge Repositories: Organizational Knowledge Repositories Configuration management knowledge Financial data Historical information and lessons learned Issue and defect management data Project files from previous projects www.ReadytoTrainMaterials.com 29 Organizational Governance Frameworks: Organizational Governance Frameworks www.ReadytoTrainMaterials.com 30 Factors to consider in selecting an organizational structure : Factors to consider in selecting an organizational structure www.ReadytoTrainMaterials.com 31 Slide32: Slides from 49-66 are not shown in the free sample www.ReadytoTrainMaterials.com 32 Chapter 3: Chapter 3 The Role of The Project Manager www.ReadytoTrainMaterials.com 33 Project Manager’s Sphere of Influence: Project Manager’s Sphere of Influence www.ReadytoTrainMaterials.com 34 Slide35: Project Manager is the person responsible for accomplishing the project objectives. During this training classes, We provide comprehensive knowledge of all the key concepts from the PMBOK® 6th Edition Guide, such as the project life cycle, project phases, project management processes, and knowledge areas. PMBOK 6th Edition training slides. Ownership. $200k Planned Value (PV) As of today, what is the estimated value of work planned to be done? What is the TCPI? www.ReadytoTrainMaterials.com 6 What is a Project? Based o PMBOK Guide®, 6th Edition Now TCPI = (BAC-EV)/(EAC-AC) Now TCPI = Work Remaining/Funds remaining as per forecasted EAC = (Budget At Completion – Earned Value ) / (EAC – Actual cost). ashrafnur89@gmail.comAshraf Osman, MBA, PMP www.ReadytoTrainMaterials.com 69 Develop Schedule-Outputs: Develop Schedule-Outputs Schedule Network Analysis Schedule network analysis is a technique that generates the project schedule. It is critical for project success to identify the stakeholders early in the project or phase and to analyze their levels of interest, their individual expectations, as well as their importance and influence. Fixed Price Contract-lump sum . What is the CPI? The estimate for a task is O = 3 days, P = 7 days, M = 4 days. Over 500 pages long POWERPOINT SLIDES and was created for PMBOK 6. D. Schedule. PMI plans to launch the PMBOK ® Guide – Sixth Edition in the third quarter of 2017. Exam Preparation (Based on Guide to PMBOK 6th Edition ) www.ReadytoTrainMaterials.com 1 Developed by 4 of our PMP Trainers and Experts Covered the latest PMBOK edition 6 2018 . Using the following project status chart, calculate PV,EV,AC,BAC,CV,CPI,SV,SPI,EAC,BTC,VAC. BAC = $ 300,000, AC = $ 100,000, EV = $ 150,000, CPI = $ 1.2, ETC = $ 120,000. Location. Control Costs- Tools and Techniques www.ReadytoTrainMaterials.com 85 Control Costs- Tools and Techniques: EAC can be calculated by: There will be no variation for remaining work and will progress as planned before ETC = BAC – EV & that means EAC = AC + ETC (BAC-EV) The changes project experience will continue to occur for remaining work. Flash 19 weeks -C. 20 weeks - D. 18 weeks www.ReadytoTrainMaterials.com 74 Exercise: Q3. The PMP Master Prep training manual is aligned to the PMBOK Guide 6th Edition and is designed to be your single source to effectively prepare for the PMP certification exam. Uncertainty of emerging issues and lack of understanding or confusion www.ReadytoTrainMaterials.com 44 Chapter 4: Chapter 4 Project Integration Management www.ReadytoTrainMaterials.com 45 Slide46: Slides from 80-97 are not shown in the free sample www.ReadytoTrainMaterials.com 46 Interpersonal And Team Skills: Interpersonal And Team Skills www.ReadytoTrainMaterials.com 47 Monitor & Control Project Work : Monitor & Control Project Work The process of tracking, reviewing, and reporting the progress to meet the performance objectives defined in the project management plan. Forecasts and Issues. Presentation Description. POWERFUL POWERPOINT TRAINING SLIDE. un Resource breakdown structure Assignment Matrix Text-oriented formats www.ReadytoTrainMaterials.com 106 Plan Resource Management: Tools and Techniques: Plan Resource Management: Tools and Techniques Organizational Theory Organizational theory provides information regarding the way in which people, teams, and organizational units behave. D. 5 2/3 days. The designation is recognized across the world and at the same time offered by the Project Management Institute. Training Slides Our PMP Exam Master Prep training slides are aligned to the PMBOK ® Guide 6th Edition. It makes it easier to manage. PMI Bluegrass Chapter Meeting. Exercise www.ReadytoTrainMaterials.com 76 Exercise: You are the project manager for a project with the following network diagram. www.ReadytoTrainMaterials.com 122 Project Procurement Management– Tools & Techniques: Contract Types : Project Procurement Management– Tools & Techniques: Contract Types Fixed Price Contract-lump sum: setting a total fixed price for a defined product or services Fixed Price Incentive Fee Contracts (FPIF): some flexibility in deviation from performance with financial incentives with price ceiling, Contract =1,100,000. Control Costs- Tools and Techniques www.ReadytoTrainMaterials.com 93 Control Costs- Tools and Techniques: To Complete Performance Index (TCPI) Control Costs- Tools and Techniques www.ReadytoTrainMaterials.com 94 Control Costs- Tools and Techniques: TCPI (based on original estimate or forecasted budget) will set a new baseline for performance efficiency to be achieved to complete the works with funds remaining. Training. Full PMP preparation slides 6th edition. D. It makes it more expensive. Understand the PMBOK® Guide 6th Edition processes in a simple way! PMP PMBOK 6th 1. Schlotzsky's, 2709 W Walnut St, Rogers, AR 72756. PMBOK 6Th Edition Training Slides |authorSTREAM Presentations (PPT, KEY, PDF). Personal: Decision Maker, Integrity and Honesty, leadership, Negotiation, communication. It was originally published by PMI in 1996 and is now in its 6th edition. The interdependencies of components and systems. PMBOK® Guide 6th Ed Processes Explained with Ricardo Vargas. Part 3.   Control Costs- Tools and Techniques www.ReadytoTrainMaterials.com 86 Earned Value: Graphical Representation: Earned Value: Graphical Representation www.ReadytoTrainMaterials.com 87 Earned Value Management (EVM): Earned Value Management (EVM) Terms and formulas Definition Example Earned Value (EV) As of today, what is the estimated value of the work actually accomplished? Prepare for the PMP exam in a smarter way, using ... simplified slides by knowledge area, ... diagrams, charts, tables, and mind maps, ... examples & problems clarifying tools & techniques, and www.ReadytoTrainMaterials.com 123 Examples: Examples PO: $1K per 1 metric ton. www.ReadytoTrainMaterials.com 54 Manage Project Knowledge: Manage Project Knowledge Manage Project Knowledge is the process of using existing knowledge and creating new knowledge to achieve the project’s objectives and contribute to organizational learning The lessons learned register can include the category and description of the situation. Blockchain + AI + Crypto Economics Are We Creating a Code Tsunami? The exposure draft is open for comment to any members of the public with an interest in project management until July 26, 5:00pm EDT. Licensed Training Materials from PM Learning Solutions Designed by instructors for instructors Intuitive design, layout, and flow make the courses easy to teach and easy to learn. You do not have the permission to view this presentation. Presentation Summary : PMBOK ® Guide – Sixth Edition and Agile Practice Guide were created to complement each other. The body of knowledge evolves over time and is presented in A Guide to the Project Management Body of Knowledge (the Guide to the PMBOK or the Guide), a book whose sixth edition was released in 2017. by comma or enter. Project Procurement Management– Tools & Techniques www.ReadytoTrainMaterials.com 126 Slide127: Slides from 409-420 are not shown in the free sample www.ReadytoTrainMaterials.com 127 Exercise: Contract Calculation: Exercise: Contract Calculation In this cost incentive fee contract, the cost is estimated at $210,000 and the fee at $ 25,000. the project is over and the buyer has agreed that the costs were, in fact, $ 200,000. because the seller’s costs came in lower than the estimated costs, the seller shares in the savings: 80 percent to the buyer and 20 percent to the seller. NOTICE Hello, This is ASHRAF OSMAN from Sudan, I'm MBA & PMP holder and trainer as well. Performance reports can be used to report the key information, but not limited to : Current status. www.nwapmi.org. EAC is an important forecasting value www.ReadytoTrainMaterials.com 89 Exercise: Exercise You have a project to build a box. Time and Material (T&M) or Unit Price www.ReadytoTrainMaterials.com 120 Legal Contractual Relationships: Contract Types: Contract is a mutually binding legal agreement that obligates the seller to provide the specified products, services or results, and obligates the buyer to compensate the seller. Register online on . Cost Plus Incentive Fee (CPIF): the seller is reimbursed for all costs and receives a predetermined incentive fee based on achieving certain performance objectives set in advance in the contract. $9.49 + $7.99 shipping . www.ReadytoTrainMaterials.com 73 Exercise: Exercise Q2. Make time to plan thoroughly and prioritize diligently . It increases the project risk. OPMT 1187 Project Management Essentials Class # … No registration required. Are funds being used efficiently? The lessons learned register may record challenges, problems, realized risks and opportunities, or other content as appropriate www.ReadytoTrainMaterials.com 55 Close Project or a Phase: Close Project or a Phase It is the process of finalizing all activities across all of the project management process groups to formally complete the project or phase process. C. Cost. Projects Drive Change: Projects Drive Change Projects drive change in organizations. Costing includes the monetary resource required to complete the project and pricing normally include a profit margin. These changes and their impact to the project in terms of time, cost, and risk, are communicated to the appropriate stakeholders. Further, through numerous individual and group exercises, participants will immediately apply the learnt concepts. Welcome! Now customize the name of a clipboard to store your clips. The contract may includes the following: An offer, Acceptance, Pricing, roles and responsibilities, penalties, warranty. Describe your interpretation based on the calculation: Task Progress Cost spent Side 1 100% 1,200 Side 2 100% 1,000 Side 3 75% 750 Side 4 50% 500 Side 5 0% 0 Side 6 0% 0 Project is below/over budget? The lessons learned register may also include the impact, recommendations, and proposed actions associated with the situation. For every month early the project is finished, an additional 10,000 is paid to the seller. C. 1 ½ days. Dynamic Characteristics: Knowledge: Project Management Knowledge (Not Technical Knowledge ). If you continue browsing the site, you agree to the use of cookies on this website. In doing so, it gives a list of mistakes to avoid and identifies eight simple rules for creating a visual presentation. Power Point Slides for Fundamentals of Database Systems, 6th Edition Download PowerPoint Lecture Slides - Chapters 1 - 5 (application/zip) (5.3MB) Download PowerPoint Lecture Slides - Chapters 6 - 10 (application/zip) (6.3MB) www.ReadytoTrainMaterials.com 14 Example: Operations in a Petrochemical Industry : Example: Operations in a Petrochemical Industry One of the major petrochemical companies has set up a new refinery to meet its increasing market demand. What is the PV, EV & AC PV on 2nd Week = Total value of planned work to be completed on second week in monetary terms (500 X 2 = 1000) EV on 2nd week = Estimated value of work completed (500 X 3 = 1500) AC on 2nd Week = Actual cost spend of work already completed (1700) Tools and Techniques Earned Value Management (EVM) www.ReadytoTrainMaterials.com 83 Tools and Techniques Earned Value Management (EVM): SV (Schedule Variance) = EV-PV (Difference between estimated value of work completed and estimated value of work planned) CV (Cost Variance) = EV-AC (Difference between estimated value of work completed and actual cost of work completed) SPI (Schedule Performance Index) = EV/PV CPI (Cost Performance Index) = EV/AC Tips EV comes first in all equations. Embed: Organizational breakdown structure (OBS). Part 2. 18.5 weeks -B. Estimate at Completion (EAC)=BAC/CPI What do we currently expect the total project cost(a forecast)? When you order the PMBOK ® Guide – Sixth Edition (in English) you will receive a complimentary copy of the Agile Practice Guide. | PowerPoint PPT presentation | free to view pmp certification - ExcelR provides four days of PMP® certification training in Hyderabad as part of our Portfolio of Project Management courses. You are taking over a project and determine the following: Task B has an early finish of day 3, a late finish of day 6, and an early start of day 2. The benefit may be tangible, intangible, or both www.ReadytoTrainMaterials.com 10 Examples of tangible elements include Monetary assets Stockholder equity Utility, Fixtures Tools Market share Examples of intangible elements include Goodwill Brand recognition Public benefit Trademarks Strategic alignment Reputation Project Initiation Context: Project Initiation Context www.ReadytoTrainMaterials.com 11 Importance of Project Management: Importance of Project Management www.ReadytoTrainMaterials.com 12 The Importance of Project Management: The Importance of Project Management www.ReadytoTrainMaterials.com 13 Example: The Website Creation Project : Example: The Website Creation Project Consider a project authorized by a firm to create an intranet website that would display its employee related information. You are the project manager for a new project and have figured out the following dependencies: Task 1 can start immediately and has an estimated duration of 3 weeks Task 2 can start after Task1 is completed and has an estimated duration of 3 weeks Task 3 can start after Task 1 is completed and has an estimated duration of 6 weeks Task 4 can start after Task 2 is completed and has an estimated duration of 8 weeks Task 5 can start after task 4 is completed and after Task 3 is completed . $300 k Cost Variance (CV)=EV-AC Negative is over budget Positive is under budget $100k-$200k=-$100 Schedule Variance (SV)=EV-PV Negative is behind schedule Positive is ahead schedule $100k-$300k=-$200 Cost Performance Index(CPI)=EV/AC We are getting $.....worth of work out of every $1 spent. Target cost 210,000 Target fee 25,000 Target price 235,000 Sharing ratio 80/20 Actual cost 200,000 Final fee 201,000-200,000=10,000 10,000 x 20%=2,000 25,000 (target fee) +2,000=27,000 Final price 200,000+27,000=227,000 www.ReadytoTrainMaterials.com 128 Slide130: Chapter 13 Project Stakeholder Management www.ReadytoTrainMaterials.com 130 Project Stakeholder Management: Project Stakeholder Management www.ReadytoTrainMaterials.com 131 Identify Stakeholders : Identify Stakeholders Identify Stakeholders is the process of identifying project stakeholders regularly and analyzing and documenting relevant information regarding their interests, involvement, interdependencies, influence, and potential impact on project success. 08. th. View and Download PowerPoint Presentations on Pmbok 5th Edition PPT. 2/3 of a day. Instructors get the PowerPoint (pptx) files and your students get the.pdf files. $100 k Actual cost (AC) As of today, what is the actual cost incurred for the work accomplished? www.ReadytoTrainMaterials.com 49 Perform Integrated Change Control: Perform Integrated Change Control Process of reviewing all change requests; approving changes and managing changes to deliverables, organizational process assets, and the project management plan; and communicating their disposition. Saved by Joe Chalhoub. Based on the information above, what would you be most concerned about? No additional materials needed PMLS materials are incredibly comprehensive with all of the information needed for… Together these two publications are a powerful tool that enable the right approach for the right project. Customize Embed, Thumbnail: Control Costs- Tools and Techniques www.ReadytoTrainMaterials.com 96 Control Costs- Tools and Techniques: Examples A project has the following Earned value data assessed: AC: $ 4,000,000 CV: $ -500,000 SPI: 1.12 BAC: $ 9,650,000 What is the Earned value of the project? Project manager has the authority to approve or reject the change requests, when required, it will be the responsibilities of Change Control Board ( CCB). The outcome of the project is the website, and the duration will depend on the complexity and size of the work involved. It reviews all requests for changes or modifications to project documents, deliverables, baselines, or the project management plan and approves or rejects the changes. Estimate Activity Durations : Tools & Techniques www.ReadytoTrainMaterials.com 65 Develop Schedule: Outputs Project Schedule: Develop Schedule: Outputs Project Schedule Can be represented by: Bar charts Milestone charts. The training and certification are based on a Guide to the Project Management Body of Knowledge, (PMBOK® Guide 6th Edition) | PowerPoint PPT presentation | free to view project management training (1) - PMP® – Project Management Professional is a credential managed by Project Management Institute, USA (PMI)®. Jungle Book 2016 Pmp Exam Project Management Beams Study Education Studying Educational Illustrations Learning. Fixed Price Economic Price Adjustment (FPEPA): It is a fixed-price contract, but with a special provision allowing for pre defined final adjustments to the contract price due to changed conditions, such as inflation changes, or cost increases (or decreases) for specific commodities. A. Project Procurement Management– Tools & Techniques www.ReadytoTrainMaterials.com 125 Project Procurement Management– Tools & Techniques : Cost plus Fixed Fee (CPFF): In this type, the buyer pays all costs, but the fee (or profit) is fixed at a specific amount. www.ReadytoTrainMaterials.com 35 The Industry Trends: The Industry Trends Product and technology development; New and changing market niches ; Standards (e.g., project management, quality management, information security management ); Technical support tools; Economic forces that impact the immediate project; Influences affecting the project management discipline; Process improvement and sustainability strategies www.ReadytoTrainMaterials.com 36 Project Manager Competences: Project Manager Competences www.ReadytoTrainMaterials.com 37 Technical Project Management Skills: Technical Project Management Skills Focus on the critical technical project management elements for each project they manage. Once approved through integrative change control process, EAC will superseded BAC and cost baselines will be revised. March, 2018. Contract = Cost + Fee of 200,000; fee is not changing due to seller performance. All future works shall be accelerated to bring CPI within TCPI range. : Fulfillment of project objectives may produce one or more of the following deliverables: A unique product that can be either a component of another item, an enhancement or correction to an item, or a new end item in itself (e.g., the correction of a defect in an end item); A unique service or a capability to perform a service (e.g., a business function that supports or distribution); www.ReadytoTrainMaterials.com 7 What is a Project? Pmbok ® Guide – Sixth Edition And Agile Practice Guide Were PPT. End of 2nd week 3 stages were completed and contractor has spend 1700. Purchase the Entire Slide Deck • The PMP/CAPM Instructor slides are based on the PMBOK 6th edition. Numeric tags are not allowed. I spent almost 3 months to prepare them. 2. www.ReadytoTrainMaterials.com 90 Slide91: Parameter Calculation Result PV 1000+1000+1000 3000 EV (100% x 1000)+(100% x x1000)+ (755 x x1000) + 50% x1000) 3025 AC 1200+1000+750+500 3450 BAC 6 x 1000 6000 CV 3025/3450 -425 CPI 3025/3450 .88 SV 3025/3000 25 SPI 3025/3000 1.01 EAC 6000/.88 6818.18 ETC 6818.18-3450 3368.18 VAC 6000-6818.18 -818.18 Over budget, getting .88 dollar we spent Ahead schedule, progressing 101% of the rate planned Probably will spend $ 6818 at the end (estimation) Need $ 3368 to complete Over budget at the end for about $ 818 (estimation) Exercise www.ReadytoTrainMaterials.com 91 Control Costs- Tools and Techniques: To Complete Performance Index (TCPI) TCPI predicts the efficiency that must be achieved for remaining work to complete the remaining works with available budget. PMP (seller profit). The sides are planned to be completed one after the other. Control Costs- Tools and Techniques www.ReadytoTrainMaterials.com 92 Control Costs- Tools and Techniques: To Complete Performance Index (TCPI) If it is obvious that earlier estimated budget at completion can not be achieved, Project manager develops a forecasted estimate at completion (EAC). Float. From a business perspective, a project is aimed at moving an organization from one state to another state in order to achieve a specific objective www.ReadytoTrainMaterials.com 9 Projects Enable Business Value Creation: Projects Enable Business Value Creation value is the net quantifiable benefit derived from a business endeavor. www.ReadytoTrainMaterials.com 15 Relationship of Project, Program, Portfolio, and Operations Management: Relationship of Project, Program, Portfolio, and Operations Management Program and project management focus doing programs and projects the “right” way; and Portfolio management focuses doing the “right” programs.

pmbok 6th edition training slides ppt

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