Moving to www.pmpractitioner.com ! ! !
October 2, 2008
Moving to www.pmpractitioner.com ! ! ! Dear Readers, We have started this blog a year ago to share our knowledge im PMBOK and assist the people who are preparing to take PMP exams. We have received overhelming response for the efforts put in and hope... Read more...
Philip B. Crosby
October 1, 2008
Three “quality”leadersin particular are responsible for the rise of the quality management movement and the theories behind the cost of quality: Philip B. Crosby, Joseph M. Juran, and W. Edwards Deming. Philip B. Crosby devised the zero defects... Read more...
Performing
September 29, 2008
Team building activities is one of the tools and techniques of Develop Project Team. The newly formed team for the project will go through four stages of development: Forming, Storming, Norming and Performing. At Performing stage, the team end up with... Read more...
Norming
September 25, 2008
“Team building activities” is one of the tools and techniques of Develop Project Team. The newly formed team for the project will go through four stages of development: Forming, Storming, Norming and Performing. At Norming stage, the team... Read more...
Opportunities
September 23, 2008
Opportunities is one of the process in SWOT analysis technique. Strengths, Weaknesses, Opportunities, and Threats (also known as SWOT analysis) is an analysis technique that examines through each of these viewpoints (SWOT) the project itself, project... Read more...
Organization Breakdown Structure (OBS)
September 21, 2008
This is an organization chart describes the hierarchical nature of the organization, what departments exist, and who reports to whom. An organization breakdown structure (OBS) is a form of organization chart that shows how the WBS elements relate to... Read more...
Parametric Estimating
September 19, 2008
Parametric estimating is one of the tools and technique of processes like Activity Duration Estimating,Cost Estimating, Cost Budgeting. Parametric estimating is a quantitatively based estimating method that multiplies the quantity of work by the rate. This... Read more...
Nominal Group Technique
September 1, 2008
For Risk Identification, several techniques were used with assistance from the stakeholders. Nominal Group technique is an information-gathering technique similar to the Delphi technique that can be used during the Risk Identification process. This technique... Read more...
Net Present Value (NPV)
August 27, 2008
NPV compares the value of the future cash flows of the project to todays dollars using time value of money techniques. It evaluates the cash inflows using the discounted cash flow technique, which is applied to each period the inflows are expected. The... Read more...
Mitigate
August 26, 2008
Mitigate is part of the strategies for negative risks or threats which is one of the tools and techniques of Risk Response Planning. Mitigation is to reduce the probability of risk or threat and reduce the impact to an acceptable level if the risk or... Read more...