Knowledge Management. A method of determining the costs incurred to ensure quality. The resource breakdown structure includes information on the composition of the team and may help to understand what knowledge is available as a group and what knowledge is missing. A set of tools used to define the quality requirements and to plan effective quality management activities. ), and how people and other systems (actors) interact with it. The process and activities to resolving disputes through consultations between involved parties. by Yasaf Burshan, PMP | Oct 29, 2016 | Obtaining a PMP Certificate, PMP | 4 comments. This means that knowledge is more than ever viewed as a strategic asset. Lag – The amount of time whereby a successor activity is required to be delayed with respect to a predecessor activity. See also backward pass, critical path method, critical chain method, and resource leveling. An estimating technique in which an algorithm is used to calculate cost or duration based on historical data and project parameters. A form of expert judgement, it is based on the actual cost of other similar projects. Manual or automated tools to assist with change and/or configuration management. The process of calling public attention to a project or effort. Knowledge created in this process may lead to improvements to processes and procedures. Would love your thoughts, please comment. As a result, project management and knowledge management (KM) are both a necessity to lead to an improved competitive advantage for each organization. A technique used to estimate cost or duration by applying an average of optimistic, pessimistic, and most likely estimates when there is uncertainty with the individual activity estimates. Deliverables are typically tangible components completed to meet the project objectives and can include components of the project management plan. 4.4.2.2 Knowledge Management Project team assignments provide information on the type of competencies and experience available in the project and the knowledge that may be missing. The lessons learned register provides information on effective practices in knowledge management. 4.4.2.1 Expert Judgment. They are a type of quality planning tools used to link and sequence the activities identified. A review of the change requests to verify that these were implemented as approved. Results of parametric estimating are most reliable when. Added – Acquisition, Additional Quality Planning Tools, Advertising, Alternative Generation, Approved Change Requests Review, Assumptions Analysis, Bidder Conference, Change Control Tools, Checklist Analysis, Claim Administration, Colocation, Communication Methods, Communication Models, Communication Requirements Analysis, Communication Technology, Conflict Management, Contingent Response Strategies, Contract Change Control System, Cost Aggregation, Cost Benefit Analysis,Data Gathering and Representation Techniques, Design of Experiments, Diagramming Techniques, Documentation Reviews, Earned Value Management (EVM), Forecasting, Funding Limit Reconciliation, Ground rules,Historical Information / Relationships, Independent Estimates, Information Gathering Techniques, Information Management Systems, Inspections and Audits, Interpersonal Skills, Make-or-Buy Analysis, Management Skills, Market Analysis, Multi Criteria Decision Analysis. Process of intervention in the working environment to increase productivity and efficiency of the team and to prevent failures. Some common examples of enterprise environmental factors include Organizational Process Assets Organizational process assets are plans, processes, procedures, knowledge bases and … web searches and reading published articles), and project management information system (PMIS… Very helpful! The ability to plan, organize, direct, and control individuals or groups of people to achieve specific goals. It reflects an increased focus on managing knowledge throughout the project. Facilitation helps effectively guide a group to a successful decision, solution, or conclusion. This option is disabled by default. Ability to establish and maintain relationships with other people. A technique for estimating the duration or cost of an activity or a project using historical data from a similar activity or project. This technique is also considered traditional, but it takes the simple classic … A process that follows the steps outlined in the process improvement plan to identify needed improvements. he review of contracts and contracting processes for completeness, accuracy, and effectiveness. A standard toolkit used by quality management professionals who are responsible for planning, monitoring, and controlling the issues related to quality in an organization. A schedule method that allows the project team to place buffers on any project schedule path to account for limited resources and project uncertainties. I was wondering this Tools & Techniques List when I started learning PMP Exam.Now I got it.Thanks for sharing. web searches and reading published articles), and project management information system (PMIS) are common information management tools and techniques. Such expertise may be provided by any group or person with specialized education, knowledge, skill, experience, or training. A financial analysis tool used to determine the benefits provided by a project against its costs. The Complete Guide to PMP® Exam ITTO (Inputs, Tools, Techniques, and Outputs) list all the processes which take Project Management Plan as an Input: Work Performance Information: The Work Performance Information is the output of controlling processes and gives your stakeholders the status of project deliverable s. The process of reviewing proposals provided by suppliers to support contract award decisions. 4.4.2.1 Expert Judgment. Techniques used to collect, organize, and present data and information. A structured review of the seller’s progress to deliver project scope and quality, within cost and on schedule, as compared to the contract. You should consider gaining knowledge from individuals or groups with specialized training or expertise, such as those with training in knowledge management, information management, organization learning, or other topics. This topic (Knowledge Management) is newly introduced in PMBOK sixth edition with a new process and a list of tools and techniques. It may also record challenges, problems, realized risks and opportunities. Responses provided which may be used in the event that a specific trigger occurs. Lead – The amount of time whereby a successor activity can be advanced with respect to a predecessor activity. A visual depiction of the product scope showing a business system (process, equipment, computer system, etc. A tool to define scope that generally means asking questions about a product and forming answers to describe the use, characteristics, and other the relevant aspects of what is going to be manufactured. Personnel administration - e.g. Therefore it is important to create an environment of collaboration and trust so that people feel intrinsically motivated to share their knowledge with their colleagues. Detailed explanation of the Manage Project Knowledge process including inputs, tools and techniques, outputs and study notes. Now that you’re convinced of the abundant benefits that knowledge management has to offer, you’d want to know how to employ knowledge management tools and techniques to your project management practices. The IDeA knowledge management strategy team wishes to thank the following organisations and colleagues for their help, support and interest in KM, which has allowed the team to develop their knowledge and experience in using KM tools and techniques and produce this handbook. Browse the tools and techniques … Tools and Techniques. It is first created in this process and thereafter used as an input and updated as an output in many processes throughout the project. Thank you for sharing the Tools and Techniques list. Regards, © 2020 The Generalist IT | Yasaf Burshan | Contact | Sitemap. Added – Analytical techniques, Rolling Wave Planning, Precedence diagramming method (PDM), Dependency determination, Leads and lags, Alternative analysis, Bottom up estimating, Schedule Network Analysis, Critical path method, Critical chain method, Resource Optimization Techniques, Schedule Compression, Scheduling Tool.