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PMP Study Guide
Chapter 10: Monitoring and Controlling Change
Chapter 10 Monitoring and Controlling Change
• Managing Integrated Change Control
• Managing Cost Changes
• Monitoring and Controlling Schedule Changes
• Monitoring and Controlling Risk
Managing Integrated Change Control
• How change occurs
• Change control concerns
• Change control techniques
• Integrated Change Control outputs
Change Control Concerns
• Influencing the factors that cause change and reaching agreement on change requests
• Determining a change is needed or has happened
• Managing approved changes• Updating requirements that impact
project plan• Documenting requested changes and
their impacts
Integrated Change Control
• Configuration management
• Change control system
• Configuration control board
Chapter 10 Monitoring and Controlling Change
• Managing Integrated Change Control
• Managing Cost Changes
• Monitoring and Controlling Schedule Changes
• Monitoring and Controlling Risk
Managing Cost ChangesPerformance Measurement Analysis
• Earned value technique– Planned Value (PV) = Budgeted Cost
of Work Scheduled (BCWS)– Actual Cost (AC) = Actual Cost of Work
Performed (ACWP)– Earned Value (EV) = Budgeted Cost of
Work Performed (BCWP)
Earned Value
Figure 10.1
Earned Value Formulas
• Cost Variance(CV) = EV – AC
• Schedule Variance(SV) = EV – PV
• Performance Indexes– Cost Performance Index (CPI ) = EV ÷
AC– Cumulative CPIC = EVC ÷ ACC
– Schedule Performance Index (SPI) = EV ÷ PV
– Cumulative SPIC = EVC ÷ PVC
Earned Value Formulas (cont.)
• Estimate to Completion (ETC)– ETC = (BAC – EVC ) ÷ CPIC – ETC = BAC – EVC
• Estimate at Completion– EAC = ACC + ETC– EAC = ACC + ((BAC – EV) ÷ CPIC)– EAC = ACC + BAC – EV
• Variance at Completion– VAC = BAC – EAC
Chapter 10 Monitoring and Controlling Change
• Managing Integrated Change Control
• Managing Cost Changes
• Monitoring and Controlling Schedule Changes
• Monitoring and Controlling Risk
Monitoring and Controlling Schedule Changes
• Schedule control involves determining status of project schedule, if changes have occurred or should occur, and influencing and managing schedule changes
Monitoring and Controlling Schedule Changes
Tools and Techniques
• Progress reporting
• Schedule change control system
• Performance measurement
• Variance analysis
• Project management software
• Schedule comparison charts
Chapter 10 Monitoring and Controlling Change
• Managing Integrated Change Control
• Managing Cost Changes
• Monitoring and Controlling Schedule Changes
• Monitoring and Controlling Risk
Monitoring and Controlling Risk
• Risk Monitoring and Control tools and techniques– Risk reassessment– Risk audits– Variance and trend analysis– Technical performance
measurement– Reserve analysis– Status meetings
Monitoring and Controlling Risk
• Risk Monitoring and Control outputs– Risk register updates– Requested changes– Recommended corrective actions– Recommended preventive actions– Organizational process asset
updates– Project management plan updates
