You can change your ad preferences anytime. C. 1 ½ days. The box is six sided, each side is to take one day to build and is budgeted for $1000 per side. | 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. OPMT 1187 Project Management Essentials Class # 1 D. 5 2/3 days. You can buy the slides by $4 https://payhip.com/b/lPX5. Clipping is a handy way to collect important slides you want to go back to later. 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). Find PowerPoint Presentations and Slides using the power of XPowerPoint.com, find free presentations research about Pmbok 5th Edition PPT All change control board decisions are documented and communicated to the stakeholders for information and follow up actions. India will be 6th largest emerging market by 2012, Free Sample- PMBOK 6th Edition PMP Exam Prep. For every month early the project is finished, an additional 10,000 is paid to the seller. 08. th. FP: Contract = $1M . Part 2. Estimate at completion (EAC) may differ from Budget at Completion (BAC) Estimate to complete (ETC) is the estimate of remaining work. The company plans to break-even in three years by achieving the desired volume of output from its new plant. 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. A. It was originally published by PMI in 1996 and is now in its 6th edition. This phase includes the procedures to investigate and document the reasons for actions taken if a project is terminated before completion. 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 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. What is the Estimate at Complete for your project? Tailor both traditional and agile tools, techniques, and methods for each project. How much more money we need? will be started on . www.ReadytoTrainMaterials.com 51 A Change Control Board (CCB): A Change Control Board (CCB) It is an internal unit or department charged with not only monitoring, controlling, coordinating, and implementing changes to all elements of project work, but also with accepting or rejecting changes that have been requested by stakeholders. Made Easy: Over 1270 slides help you study Smarter: ... understand PMBOK 6th edition in 20 days + Practice online for free for 90 days. The training and certification are based on the Guide to the Project Management Body of Knowledge, (PMBOK® Guide 6th Edition). www.ReadytoTrainMaterials.com 56 Chapter 5: Chapter 5 Project Scope Management www.ReadytoTrainMaterials.com 57 Slide58: Slides from 109-142 are not shown in the free sample www.ReadytoTrainMaterials.com 58 Control Scope: Control Scope It is the process of monitoring the status of project and product scope and managing changes to the scope baseline Uncontrolled scope changes result in scope creep. PREPARATION www.ReadytoTrainMaterials.com 59 Chapter 6: Chapter 6 PROJECT Schedule MANAGEMENT www.ReadytoTrainMaterials.com 60 Slide61: Slides from 145-186 are not shown in the free sample www.ReadytoTrainMaterials.com 61 Project Schedule Management: Project Schedule Management 62 Slide63: Slides from 188-231 are not shown in the free sample www.ReadytoTrainMaterials.com 63 Estimate Activity Durations : Tools & Techniques: Estimate Activity Durations : Tools & Techniques www.ReadytoTrainMaterials.com 64 Estimate Activity Durations : Tools & Techniques: Agile Release Planning Agile release planning provides a high-level summary timeline of the release schedule (typically 3 to 6 months) based on the product roadmap and the product vision for the product’s evolution. EAC = BAC/CPI (Only cost efficiency is considered now) Here team considers that remaining work will be completed at the same efficiency rate considering cost and schedule performance EAC = AC + (ETC/CPI x SPI) & ETC = BAC-EV. 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. Do you have no clue or minimal knowledge about PMP exam prep? 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? March, 2018. PowerPoint Templates. $100 k Actual cost (AC) As of today, what is the actual cost incurred for the work accomplished? Copy, Automatically changes to Flash or non-Flash embed, WordPress Embed Contribution www.ReadytoTrainMaterials.com 133 Slide134: Slides from 427-434 are not shown in the free sample www.ReadytoTrainMaterials.com 134 Slide136: Chapter 14 Professional Responsibility www.ReadytoTrainMaterials.com 136 Slide137: Slides from 430-437 are not shown in the free sample www.ReadytoTrainMaterials.com 137 Exercise - Quiz: Exercise - Quiz www.ReadytoTrainMaterials.com 138 Slide139: Chapter 15 Passing the Exam www.ReadytoTrainMaterials.com 139 Slide140: Slides from 440-450 are not shown in the free sample www.ReadytoTrainMaterials.com 140. Cost management is basically managing project funding. Estimate at Completion (EAC)=BAC/CPI What do we currently expect the total project cost(a forecast)? EAC is an important forecasting value www.ReadytoTrainMaterials.com 89 Exercise: Exercise You have a project to build a box. www.ReadytoTrainMaterials.com 69 Develop Schedule-Outputs: Develop Schedule-Outputs Schedule Network Analysis Schedule network analysis is a technique that generates the project schedule. Performance. If you continue browsing the site, you agree to the use of cookies on this website. A. This article provides tips for creating PowerPoint presentations that are clear, professional, and engaging. PMBOK 6Th Edition Training Slides |authorSTREAM Presentations (PPT, KEY, PDF). If CPI falls below TCPI baseline, remaining works will not be completed with available funds. www.ReadytoTrainMaterials.com 8 What is a Project? Register online on . NOTICE Hello, This is ASHRAF OSMAN from Sudan, I'm MBA & PMP holder and trainer as well. 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. Now Estimate at completion = AC + ETC. ashrafnur89@gmail.comAshraf Osman, MBA, PMP See our User Agreement and Privacy Policy. www.ReadytoTrainMaterials.com 119 Legal Contractual Relationships: Legal Contractual Relationships Purchase Order. Giving presentations is part of the job for a project professional whether it's leading a kickoff meeting or giving a status update. Personal: Decision Maker, Integrity and Honesty, leadership, Negotiation, communication. It reviews all requests for changes or modifications to project documents, deliverables, baselines, or the project management plan and approves or rejects the changes. characteristics or traits Authentic Courteous Creative Cultural Emotional Intellectual Managerial Political Service-oriented Social Systemic www.ReadytoTrainMaterials.com 43 Integration and Complexity: Integration and Complexity Three dimensions of complexity: System behavior. C. Cost. The responsibilities of the CCB will have been documented, and agreed to by the stakeholders, customers, and project team. Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. 2. Scheduled activities. PMBOK 5th Edition . PMBOK® Guide 6th Ed Processes Explained with Ricardo Vargas. Create 44 Powerpoint slides that illustrate the 44 project managements processes as outlined in the Guide to the Project Management Body of Knowledge (PMBOK) Third Edition (2004). Stakeholders ’ stakes elements Interest Rights (legal or moral rights). 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. It requires more people. Cost-reimbursable Contract. Full PMP preparation slides 6th edition. The interplay between diverse individuals and groups . COURSE The status of all the changes , approved or not, will be updated in the change request log as part of the project document updates. 18.5 weeks -B. The PMBOK ® Guide – Sixth Edition and Agile Practice Guide were created to complement each other. 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. Forecasts and Issues. www.ReadytoTrainMaterials.com 52 Perform Integrated Change Control – Tools &Techniques: Perform Integrated Change Control – Tools &Techniques Change Control Meetings A change control board is responsible for meeting and reviewing the change requests and approving or rejecting those change requests . 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. Note: Based on the PMBOK® Guide 6th Edition. It makes it easier to manage. • Total of 489 teaching Slides • Covers the entire PMBOK 6th Edition including Agile Methodology • Each chapter comes with a set of questions for students to review in class • Make it yours today: – www.advconsultants.com/prod uct/pmp-capm-instructor- slides/ www.advconsultants.com 2 (seller profit). These changes and their impact to the project in terms of time, cost, and risk, are communicated to the appropriate stakeholders. The Guide is a document resulting from work overseen by the Project Management Institute (PMI), which offers the CAPM and PMP certifications. www.ReadytoTrainMaterials.com 39 2 Leadership Skills: Leadership Skills Dealing with People Qualities and SKILLS of a Leader (Being a visionary, Being optimistic and positive, Being collaborative, Managing relationships and conflict, Communicating Politics, Power, and Getting Things done www.ReadytoTrainMaterials.com 40 3 Comparison of Leadership and Management: Comparison of Leadership and Management www.ReadytoTrainMaterials.com 41 Leadership Styles: Leadership Styles www.ReadytoTrainMaterials.com 42 Personality: Personality Personality refers to the individual differences in characteristic patterns of thinking, feeling, and behaving. Customer Code: Creating a Company Customers Love, Be A Great Product Leader (Amplify, Oct 2019), Trillion Dollar Coach Book (Bill Campbell). The CPI is 1.1 and the SPI is 0.8. Looks like you’ve clipped this slide to already. Most web browsers block content or generate a “mixed content” warning when users access web pages via HTTPS that contain embedded content loaded via HTTP. I spent almost 3 months to prepare them. Amazon.com: PMP Exam Prep 6th ed. 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. In doing so, it gives a list of mistakes to avoid and identifies eight simple rules for creating a visual presentation. Contract = Cost + Fee of 200,000; fee is not changing due to seller performance. No registration required. Significant accomplishments for the period. by comma or enter. Organizational breakdown structure (OBS). 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. Legal Contractual Relationships www.ReadytoTrainMaterials.com 121 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 Firm Fixed Price Contracts (FFP ): Under this type of contract the buyer must precisely specify the product or services to be procured, and any changes to the procurement specification can increase the costs to the buyer. human behavior. 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. Acces PDF Pmbok 4th Edition Powerpoint Slides PMBOK 5th Edition . www.ReadytoTrainMaterials.com 132 Identify Stakeholders: Tools and Techniques: Identify Stakeholders: Tools and Techniques Stakeholder Analysis: is a technique of systematically gathering and analyzing quantitative and qualitative information to determine whose interests should be taken into account throughout the project. Training Slides Our PMP Exam Master Prep training slides are aligned to the PMBOK ® Guide 6th Edition. Task L is being done by a hard-to-get resource. Now customize the name of a clipboard to store your clips. Exercise www.ReadytoTrainMaterials.com 75 Exercise: Q4. 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. Control includes determining corrective or preventive actions or re-planning and following up on action plans. The interdependencies of components and systems. www.ReadytoTrainMaterials.com 123 Examples: Examples PO: $1K per 1 metric ton. Calculate the final fee and final price. Purchase Order: Contract to purchase 30 linear meters of wood at $ 40 per meter. 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. PMP slides based on PMBOK 6th edition. Saved by Joe Chalhoub. Based o PMBOK Guide®, 6th Edition OPMT 1187 Project Management Essentials Class # … Using the following project status chart, calculate PV,EV,AC,BAC,CV,CPI,SV,SPI,EAC,BTC,VAC. View Slides PMBOK 6th Edition - Week 01 (1).ppt from OPMT 1187 at British Columbia Institute of Technology. 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 . : A unique result, such as an outcome or document (e.g., research project that develops knowledge that can be used to determine whether a trend exists or new process will benefit society); and A unique combination of one or more products, services, or results (e.g., a software application, its associated documentation , and help desk services). 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. View Slides PMBOK 6th Edition - Week 05.ppt from OPMT 1187 at British Columbia Institute of Technology. The new PMBOK ® Guide will feature several significant content enhancements, including: Program management harmonizes its program components and controls interdependencies in order to realize specified benefits .   No additional materials needed PMLS materials are incredibly comprehensive with all of the information needed for… 5/6 of a day. Estimate to Complete (ETC)=EAC-AC From this point on, how much MORE do we expect it to cost to finish the project (a forecast) Variance at Completion (VAC)=BAC-EAC As of today how much over or under budget do we expect to be at the end of the project? 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. Knowledge . A portfolio refers to projects, programs, subportfolios , and operations managed as a group to achieve strategic objectives , The projects or programs of the portfolio may not necessarily be interdependent or directly related. Normally, the CCB operates closely with the project’s sponsor, customers, and other key stakeholders. The designation is recognized across the world and at the same time offered by the Project Management Institute. Schlotzsky's, 2709 W Walnut St, Rogers, AR 72756. See our Privacy Policy and User Agreement for details. Make time to plan thoroughly and prioritize diligently . D. It makes it more expensive. View and Download PowerPoint Presentations on Pmbok 5th Edition PPT. Enter one or more tags separated Resources The Project Management Professional (PMP) ® exam preparation training based on . APIdays Paris 2019 - Innovation @ scale, APIs as Digital Factories' New Machi... Mammalian Brain Chemistry Explains Everything. Further, through numerous individual and group exercises, participants will immediately apply the learnt concepts. Under the umbrella of … Today is the end of day three.

pmbok 6th edition training slides ppt

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