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I was constantly overwhelmed by the 618 pager PMBOK guide. At the beginning of each chapter - as I saw the framework for that syllabus, my palms get sweaty. I dread the upcoming few hours of pouring over the dry notes. These are the very reasons why I've create a PMP-Bite series. A compilation of 'small-bites' focusing on the more frequently asked topics, and delivered to you in 'bite-size'. Here's Chapter 1 - Part 4: Project Life Cycle
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[email protected] my.linkedin.com/in/maywongmeiching1
May Wong, PMP [email protected] my.linkedin.com/in/maywongmeiching1
May Wong, PMP [email protected] my.linkedin.com/in/maywongmeiching1
May Wong, PMP
taking a smaller
BITEof PMP
CHAPTER 1
PART 4a PMP-BITE series
Image courtesy of Grant Cochrane / FreeDigitalPhotos.net
HELLO.Armed with more than 10 years of experience in marketing. Specializing in Project Management of activation campaigns, conferences, events & exhibitions.
Bitten by the travel bug and an explorer at heart.
Loves dogs.
@mayscloset
MAY WONGPROJECT MANAGER @ SHELL INTERNATIONAL
Part1 Part2 Part4Part3
Project Program Portfolio PMO
Time Cost Scope Resource Quality Risk
Functional Projectized Matrix
Product Lifecycle Project Lifecycle
4’P’s Constraints Organizational Structure Lifecycle
ONECHAPTER
taking smaller bites…
Part1 Part2 Part4Part3
Project Program Portfolio PMO
Time Cost Scope Resource Quality Risk
Functional Projectized Matrix
Product Lifecycle Project Lifecycle
4’P’s Constraints Organizational Structure Lifecycle
ONECHAPTER
taking smaller bites…
PART
PROJECT
LIFECYCLE 4
CHARACTERISTICS OFPROJECT LIFE CYCLE
Starting the project
Organizing & preparing
Carrying out project work
Closing project
PROJECT STAGESCost & staffing VS Time
Less cost & staffs at the beginning &
end of project
PROJECT STAGESIMPACT of VARIABLE based on project TIME
Risk & uncertainty is great at the beginning of
projects
Cost of changes decreases as risks
decreases
PROJECT PHASESExample of Single Phase
Often found in smaller projects. Typically one phase & sequential (no overlaps)
PHASE TO PHASESEQUENTIAL PHASE (3 phase)
PHASE TO PHASEOVERLAPPING PHASE
PREDICTIVE LIFE CYCLEAlso known asFULLY PLAN DRIVE
Generally preferred when -product is well understood -substantial base of industry practice-product must be delivered in full to have full value.
ITERATIVE & INCREMENTAL + ADAPTIVE
AKA change driven or agile methods Iterations are very rapid Scope decomposed to requirements – Product backlogUsed when environment changed rapidlyRequirements & scope not defined in advance
Intentionally repeat one or more activities Increments add functionalities of product During repetition, all PM process groups will be performedTo manage change of objective or scope
Adaptive Iterative & Incremental
HOW WELL DID YOU PAID ATTENTION? PART
PROJECT
LIFECYCLE 4
EXERCISE
Which of the following is NOT a characteristic of Project Life Cycle
a. Starting a projectb. Organizing a projectc. Preparing a project
d. Proposing a project
ANSWER
Which of the following is NOT a characteristic of Project Life Cycle
a. Starting a projectb. Organizing a projectc. Preparing a project
d. Proposing a project
Project life cycle only begins when a project has been chosen/confirmed
EXERCISE These are the relationships amongst COST, STAFFING and TIME. Which of these is UNTRUE?
a. Cost is high at the beginning of the project
b. Staffing is high at the execution stage of a project
c. Cost is high at the middle stage of a project
d. Staffing is low at the beginning stage of a project
ANSWERThese are the relationships amongst COST, STAFFING and TIME. Which of these is UNTRUE?
a. Cost is high at the beginning of the project
b. Staffing is high at the execution stage of a project
c. Cost is high at the middle stage of a project
d. Staffing is low at the beginning stage of a project
Part1 Part2 Part4Part3
Project Program Portfolio PMO
Time Cost Scope Resource Quality Risk
Functional Projectized Matrix
Product Lifecycle Project Lifecycle
4’P’s Constraints Organizational Structure Lifecycle
Image courtesy of Master isolated images / FreeDigitalPhotos.net
And…… WE ARE DONE!!!
QUESTIONS?
FEEDBACK?
slideshare.net/MayWongMC
@mayscloset
YOUTHANK
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