BUS 4017 Project Management Wk 14 April 7-11, 2003 exam review

1
BUS 4017 Project Management Wk 14 April 7-11,
2003 exam review

• Educations purpose is to replace an empty
• mind with an open one.
• Malcom. S. Forbes
• There are some good tips on these slides of what
  will be in the exam. Start reviewing and
  practicing early.

2
Agenda

• Discuss best utilization of our 3 hours.
• Watch movie Have Project will Manage
• Complete handout provided - contains many exam
  review items-linked to movie.
• Exam is two hour. TF. MC. SA. LA.
• Review attached PowerPoint topics

3
The P.M. industry

• Know the Project Management Industry
• Current development, trends
• Project selection models / not , reasons
• Know how to complete a weighted model
• exercise

4
P.Mgt. what do we do and when?

• Relationship of R.F.P. to proposal to project
• Explain how all the individual steps fit
  together.
• Process P.M.needs to repeat over and
• over again.
• 5 success factors for project management

Text
Execute
Define
Text
Plan
Operations
Close out
Text
Text
5
Risk Management

• 5 steps in the process.
• Be able to give an example of applying the five
  steps

6
Define the terms/application -second half term.

• Controlling and time, critical ratios-
  calculate basic calculation
• CS and VS
• Earned value basic calculation be able to give
  an example
• Resource leveling basic example

7
WBS hi level to work packages

• Task list
• WBS diagram
• Estimate the packages (3 rd level)
• Schedule the tasks
• Enter the times into P.E.R.T. boxes
• Calculate the critical path.
• Define float for two items
• Show scheduled items as a Gantt.

8
Communication

• Types of meetings
• Running an effective meeting
• Methods of communicating during execution phase.

9
Monitoring and control

• Types of reports basic example of use
• Status meetings-how to conduct/gather what?
• Performance teams not working-fix
• Behind schedule-fix
• Scope creep-all steps to control it.

10
Close out etc.

• State what has been learned-how
• Types of report.
• Where do documents go
• Human Resource considerations
• How would you know if project were a success?
• What would you make sure you did well on every
  project? 5 items.

11
Where to Get More Information

• The linked sites to class site.
• Our Verzuh site-vital!!!!
• Your handouts and PowerPoint's.
• Move from facts to application-what would I do if
  I were a P.M.