Tuesday, 31 January 2012

What hides on way from Project Scope to Schedule by PMI


One of my favorite crazy diagram

Define Activities is the process of identifying the specific actions to be performed to produce the project deliverables.

Sequence Activities is the process of identifying and documenting relationships among the project activities.

Estimate Activity Resources is the process of estimating the type and quantity of material, people, equipment, or supplies required to perform each activity.

Estimate Activity Durations is the process of approximating the number of work periods needed to complete individual activities with estimated resources.

Develop Schedule is the process of analyzing activity sequences, durations, resource requirements, and schedule constraints to create a project schedule.

Wednesday, 18 January 2012

PERT and Three-Point Estimates by PMI

So easy to use!

Three-point estimates are based on determining three types of estimates: Optimistic, Most likely and Pessimistic.

* Most likely(M): The duration of the schedule activity, given the resources likely to be assigned, their productivity, realistic expectations of availability for the schedule activity, dependencies on other participants, and interruptions.

* Optimistic(O): The activity duration is based on a best-case scenario of what is described in the most likely estimate.

* Pessimistic(P): The activity duration is based on a worst-case scenario of what is described in the most likely estimate.

The PERT(Program Evaluation and Review Technique) analysis calculates E - Expected activity duration using a weighted average of these three estimates:

E = (O + 4M + P)/6



Friday, 13 January 2012

COST OF CHANGES diagram

I wish every client and project manager has this diagram printed.

So I made it even easier. 1. Download and set up as desktop image. 2. Enjoy!