Control costs by determining cost thresholds and requiring permission for deviations from the budget.
Quality Management
Implement project quality management procedures.
Plan quality management, incorporating quality requirements, government regulations, and stakeholder specifications.
Discuss and develop metrics for managing quality.
Discuss and create processes to verify that project deliverables meet quality criteria, allowing for corrective action when needed.
Examples: inspections, verification and validation (v&v)
Resource Management
Implement a project resource management plan.
Plan resource management to identify, acquire, and manage necessary personnel and resources, including a work breakdown structure, roles and responsibilities documents, an organizational chart, and a staffing plan.
Explain activities associated with managing resources, including budgets, staffing, and materials.
Determine what additional resources are needed.
Develop the project team, planning for appropriate training and for the stages of creating a team.
Examples: assembling the team, storming, norming, performing, adjourning
Create and utilize structures for managing the team.
Example: assignment matrix
Communications Management
Create formal communication protocols to implement project communications management.
Plan a communications approach that effectively and efficiently meets the needs of project stakeholders.
Manage communications by keeping stakeholders engaged and project team members motivated and by providing appropriate clarity and detail on relevant topics.
Monitor communications, ensuring the information needs of project stakeholders are being met in a timely fashion.
Risk Management
Follow procedures for project risk management.
Plan for risk management, identifying uncertainty and potentially unfavorable incidents and planning how they will be handled in projects.
Utilize tools to identify the risks associated with a project.
Example: documentation reviews, information gathering, brainstorming, checklist analysis, assumption analysis, diagramming, Strength Weaknesses Opportunities Threats (SWOT)“ analysis expert judgment techniques“
Perform and utilize qualitative risk management analysis, analyzing risks to determine their likelihood of occurrence and impact on project goals and prioritizing risks based on severity of impact.
Develop a risk response strategy to address potential risks if they arise.
Examples: plan to avoid the risk, accept the risk’s existence, mitigate the impact, transfer risk to another entity
Procurement Management
Implement project procurement management procedures.
Establish procedures and relationships to determine what to buy, how to buy it, what suppliers to use, and the approach to getting what is needed.
Procure necessary items, negotiating contracts and agreements with sellers, suppliers, and contractors.
Monitor and control procurements, ensuring that everything goes according to plan during the contract creation and purchasing phase.
Stakeholder Management
Develop a project stakeholder management plan.
Identify project stakeholders, including anyone who might be involved, interested, or have an impact on the project, and assess their involvement.
Develop a stakeholder management plan, analyzing stakeholders’ expectations of the project and deliverables.
Manage stakeholder engagement, engaging in proactive communication with each stakeholder to address concerns.
Business Essentials
