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    Project and Program Management

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    Abner A Arrieta Jr
    The document outlines the nine project management processes defined by the Project Management Body of Knowledge (PMBOK) framework. It emphasizes upfront risk identification and analysis to develop more accurate estimates of project duration, cost, and effort through Monte Carlo statistical analysis. This approach aims to minimize deviations from actual outcomes and optimize resource utilization and client value.

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    Project and Program Management

    Uploaded by

    Abner A Arrieta Jr
    74 views3 pages
    The document outlines the nine project management processes defined by the Project Management Body of Knowledge (PMBOK) framework. It emphasizes upfront risk identification and analysis to develop more accurate estimates of project duration, cost, and effort through Monte Carlo statistical analysis. This approach aims to minimize deviations from actual outcomes and optimize resource utilization and client value.

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    The document outlines the nine project management processes defined by the Project Management Body of Knowledge (PMBOK) framework. It emphasizes upfront risk identification and analysis to develop more accurate estimates of project duration, cost, and effort through Monte Carlo statistical analysis. This approach aims to minimize deviations from actual outcomes and optimize resource utilization and client value.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    74 views3 pages

    Project and Program Management

    Uploaded by

    Abner A Arrieta Jr
    The document outlines the nine project management processes defined by the Project Management Body of Knowledge (PMBOK) framework. It emphasizes upfront risk identification and analysis to develop more accurate estimates of project duration, cost, and effort through Monte Carlo statistical analysis. This approach aims to minimize deviations from actual outcomes and optimize resource utilization and client value.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 3

    Following the Project Management Body of Knowledge (PMBOK) framework, management of a project shall be organized around the following

    Project Management Processes: 1. Project Management Integration Process 2. Project Scope Management Process 3. Project Time Management 4. Project Cost Management 5. Project Quality Management 6. Project Human Resource Management 7. Project Communication Management 8. Project Risk Management 9. Project Procurement Management

    We put emphasis on the up-front identification and analysis of project risks and its impact on project cost, duration, and effort. As such, after the initial development wherein the initial estimates usually do not consider yet the project risks, we then go through the exercise of identifying such risks that may impact each and every task, then come up with a 3-point estimates on the task duration as follows: y fastest time to complete (optimistic estimate) y most likely time to complete y latest time to complete (conservative estimate). These estimates are then subjected to Monte Carlo statistical analysis to derive the probabilities or likelihood of hitting those estimates. With this approach, estimates on project duration, cost, and effort given the identified risks are likely to deviate from the actual at the minimum, thus nearly or even hitting the optimal utilization of time, money, manpower and other resources utilized for the project, giving as well, optimal value for the client.

    Project and Program Management Reseller Channel Sales, Marketing and Management Enterprise Security Information & Event Management Distributed and Very Large Database Design OLTP / SQL Applications and Database Tuning Decision Support Systems/Data Warehouse Design and Operational Data Store Integration Business Area Analysis for Data and Process Throughput Optimization Enterprise Systems Architecture Planning, Analysis, Design, and Implementation Automated Data Capture/ Wireless Networking / RFID

    1.

    Project Management Integration Process a. Development of the Project Charter b. Development of the Preliminary Project Scope Statement c. Development of the Project Management Plan d. Direct and Manage of Project Execution e. Monitor and Control Project Work f. Integrated Change Control g. Project Closure Project Scope Management Process a. Scope Planning b. Scope Definition c. Creation of Work Breakdown Structure (WBS) d. Scope Verification e. Scope Control Project Time Management a. Activity Definition b. Activity Sequencing c. Activity Resource Estimating d. Activity Duration Estimating e. Schedule Development f. Schedule Control Project Cost Management a. Cost Estimating b. Cost Budgeting c. Cost Control Project Quality Management a. Quality Planning b. Perform Quality Assurance c. Perform Quality Control Project Human Resource Management a. Human Resource Planning b. Organization and On-Boarding the Project Team c. Management of the Project Team Project Communication Management a. Communication Planning b. Information Distribution c. Performance Reporting d. Stakeholders Management Project Risk Management a. Risk Management Planning b. Risk Identification c. Qualitative Risk Analysis d. Quantitative Risk Analysis e. Risk Response Planning

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    f. 9. Project a. b. c. d.

    Risk Monitoring and Control Procurement Management Plan Purchase and Acquisition Plan Contracting Contract Administration Contract Closure

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