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PMI-HNL PDD 2012 Joslyn Sato, PMP © Sato, 2012 Knowledge & Project Management Justified True Belief A capacity to understand, explain, and fit things together into the bigger picture Not a possession of information or facts Can include reason, language, experience © Sato, 2012 Development Opportunities & Challenges © Sato, 2012 Development Opportunity Challenge Experience Tests Application of Knowing May not apply to future situations Research & Theory Validated and Tested Understanding the basis of findings Knowledge Sharing - Amount & Type of information - Good for Team & Organization development - Resistance to Share - Sharing with Many Knowledge Worker Improving Performance & Processes Tacit Knowledge Importance of Knowledge Sustainment Changes of the 21st Century Environment o o o o Competitive Advantage Successfully Manage the Project Lifecycle o o o o © Sato, 2012 Technology Advancements Innovation Emphasis Workforce Characteristics Limited budgets and resources Decision Making Effective Performance Build a common language Establish frameworks and baselines for continued improvement and development PM Knowledge Development PMBOK o o Local Chapters o o o Industry networking and focus topics Webinars , Resources, Research PMP Certification o o © Sato, 2012 Networking, local communities, issues, and opportunities Grow the local practice Communities of Practice o Established body of knowledge Common language and framework Recognized by other PMs Professional Development Units • Continual Learning • Individual, Community, Discipline Growth Creating New Knowledge Sometimes the Problem is NOT knowing enough but rather NOT knowing what you should Know ~ Tsoukas Refreshing Current Knowledge What You Don’t Use…You Lose © Sato, 2012 Form Teams Firm Fixed Price Contract = $20 budget o o Each person gets paid $1 Every wrong answer will cost $1 • Remove from your budget Deadline: 30-min Goal: Complete the project Accurately Completely On Time Within Budget © Sato, 2012 There are 9 questions, each representing a project management knowledge area The team will retrieve 3 Clues from the Knowledge Area Box to answer the question Select o o the Clue to answer the question Wrong Clue Give you a Hint Correct Clue Contains the following: • • List of Process Groups to populate your map The next Knowledge Area Question Do NOT use the PMBOK or any other reference to help you populate the map © Sato, 2012 QUESTION 1: This document “defines how the project is executed, monitored & controlled, and closed” by integrating and consolidating ALL other management plans and baselines. © Sato, 2012 Select the correct Envelope that represents the right answer. The contents in the envelope will contain your PM Map as well as the next question. Hint: The Questions will be presented in the order that the Knowledge Areas are listed on the map. © Sato, 2012 Project Completion Did you finish the project (Map) on TIME? • All questions were answered within the allocated duration. Are you within BUDGET? • Team members were paid their salary and any rewards. Is • © Sato, 2012 your Map COMPLETELY Populated? All knowledge areas are identified and their processes listed. Project Management Mapping Understand the 9 Knowledge Areas Be familiar with the 5 Process Groups & 42 Processes. Remember ITTOs, and that Outputs from one process becomes an Input for another process. This is a framework to tailor to your organization or project. © Sato, 2012 KNOWLEDGE AREAS Project Integrated Management PROJECT MANAGEMENT PROCESS GROUPS INITIATING PLANNING EXECUTING MONITORING & CONTROLLING CLOSING Develop Project Charter Develop Project Management Plan Direct & Manage Project Execution - Monitor & Control Project Work - Perform Integrated Change Control Close Phase or Project Project Scope Management - Collect Requirements - Define Scope - Create WBS - Verify Scope - Control Scope Project Time Management - Define Activities - Sequence Activities - Estimate Activity Resources - Estimate Activity Duration - Develop Schedule Control Schedule Project Cost Management - Estimate Costs - Determine Budget Control Costs Project Quality Management Plan Quality Perform Quality Assurance Project Human Resource Management Develop Human Resource Plan - Acquire Project Team - Develop Project Team - Manage Project Team Plan Communications - Distribute Information - Manage Stakeholder Expectations Project Communications Management Identify Stakeholders Project Risk Management - Plan Risk Management - Identify Risk - Perform Qualitative Risk - Perform Quantitative Risk - Plan Risk Responses Project Procurement Management Plan Procurements Perform Quality Control Report Performance Monitor and Control Risks Conduct Procurements Administer Procurements Close Procurements Is Key to a Project Manager, Project Team, and Project’s Continued Success. Take advantage of the opportunities in the PM Profession, your Organization, and your Community to invest in Your Knowledge DeveloPMent. © Sato, 2012