A Guide to Project Management

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Unformatted text preview: OST MANAGEMENT A subset of project management that includes the processes required to ensure that the project is completed within the approved budget. It consists of: Resource planning--determining what resources (people, equipment, materials) and what quantities of each should be used to perform project activities. Cost estimating--developing an approximation (estimate) of the costs of the resources needed to complete project activities. Cost budgeting--allocating the overall cost estimate to individual work activities. Cost control--controlling changes to the project budget. ment ment geE L geE PL PROJECT QUALITY MANAGEMENT A subset of project management that includes the processes required to ensure that the project will satisfy the needs for which it was undertaken. It consists of: Quality planning--identifying which quality standards are relevant to the project and determining how to satisfy them. Quality assurance--evaluating overall project performance on a regular basis to provide confidence that the project will satisfy the relevant quality standards. Quality control--monitoring specific project results to determine if they comply with relevant quality standards and identifying ways to eliminate causes of unsatisfactory performance. P PROJECT HUMAN RESOURCE MANAGEMENT A subset of project management that includes the processes required to make the most effective use of the people involved with the project. It consists of: Organizational planning--identifying, documenting, and assigning project roles, responsibilities, and reporting relationships. Staff acquisition--getting the needed human resources assigned to and working on the project. Team development--developing individual and group skills to enhance project performance. 190 NAVIGATION LINKS ACROYMNS LIST ACRONYMS LIST ACROYMNS LIST A Guide to the Project Management Body of Knowledge (PMBOK Guide) 2000 Edition 2000 Project Management Institute, Four Campus Boulevard, Newtown Square, PA 19073-3299 USA Appendix G--Summary of Project Management Knowledge Areas PROJECT COMMUNICATIONS MANAGEMENT A subset of project management that includes the processes required to ensure timely and appropriate generation, collection, dissemination, storage, and ultimate disposition of project information. It consists of: Communications planning--determining the information and communications needs of the stakeholders: who needs what information, when they will need it, and how it will be given to them. Information distribution--making needed information available to project stakeholders in a timely manner. Performance reporting--collecting and disseminating performance information. This includes status reporting, progress measurement, and forecasting. Administrative closure--generating, gathering, and disseminating information to formalize phase or project completion. A Guide to the A Guide to the PROJECT RISK MANAGEMENT Risk management is the systematic process of identifying, analyzing, and responding to project...
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