Time
3 hours 24 minutes
Difficulty
Beginner
CEU/CPE
4

Video Transcription

00:00
Welcome back to the county. A project plus P. K +004 This is your instructor When really Lario.
00:06
Now we're in section two
00:09
and we will start with the project. Constrains
00:13
in this section will be looking at the different aspects that affect ah project overall.
00:20
So what are project constrains and the new dimensions we've mentioned the past three dimensions cost scope time. Now we look at different dimensions that we may need to explore and consider during the execution in the planning of our project.
00:38
Let's wait The challenges that each of these stages represent
00:46
some of the new constrained dimensions diagram looks something like this.
00:52
So to scope, budget on time, we have to act now. Resource is,
00:58
we have to add risk and we have to add quality.
01:02
We will explore some of these down the road in more detail.
01:07
So let's look at each of these items
01:12
budget.
01:14
It's essentially the life blood off the project.
01:19
No phones is equal to know. Execution is critical to the completion to the to the successful
01:29
achievement off the goals. We seen a project
01:34
just like as we have explained in a pretty section, budget and costs. They need to be moderate and control
01:41
to make sure that we say within our planned budget,
01:47
Um, the budget by itself has its challenge.
01:53
And as quick analogy pretending food,
01:57
Very so try amble in where you could take food.
02:02
Uh, one of the,
02:05
uh actually says that is healthy. The other one says that is inexpensive, and the 3rd 1 says That is good.
02:13
This means that in this and you can only choose, want to off them because of the lines. That means if you want food that is good
02:21
and that is inexpensive, date is unhealthy.
02:23
If you want food that is healthy,
02:25
then you will not taste good
02:29
and so on so forth. So a project. You have to deal with quality costs and the speed.
02:37
Ideally,
02:38
there's there is an intersection where all three meat.
02:42
But if they don't meet in the right proportions who end up with the poor quality,
02:47
slow time to production
02:50
or very expensive.
02:53
Another constraint that we have mentioned in the past is the scope and is one makes the project. The project is what the project is intended to achieve, what results, what product
03:07
it offers and The reason why we are important constraint is if we do not observe the scope.
03:16
And if we let other influences external influences changes throughout the execution changes in the time or the budget, we may end up with a different altogether result than what was planned.
03:37
Quality quality is something that we have seen very often pop up in our daily lives. And the different things that we buy and acquire
03:49
quality helps us see if they're the plan. Um,
03:55
deliverable is meeting the requirement according to the compliance or the standard that we are set to follow. Or that was imposed two hours, depending on the industry that will operate.
04:10
So quality quantifies performance,
04:15
deliver bubbles, the functionality off the DL irritable and the specifications asked the match.
04:24
Very good example. Could be, um,
04:27
Astrue. You used to,
04:30
um, hand frames or pictures with if
04:35
if it's not within a specific quality, e maiI. Instead, off holding itself to wall, the major's ripped the wall, depending on the type of woman that you have.
04:46
In the example that we have here, we have six Sigma of your well known quality management, certification and training. It's separate from Project management buddies around project management.
05:00
So it helps AH, project manager or quality manager defined measure analyzed, improve and control quality throughout a product's life cycle. This applies to both a project
05:14
or the ongoing operations that the enterprise has.
05:18
Resource is resource is our is everything that we use that takes part in the execution of the project. This could be personnel. This could be the goods and materials that we acquire.
05:32
Um, but they also have different constraints that could have challenges if they there's a limited availability, if there is scarcity or if they cannot be delivered on a timely fashion. This could affect how
05:49
our project successfully
05:53
before sze
05:56
another constrained
05:58
time on scares. Will wheat we have seen in the past
06:02
and because of the projects are bound by a beginning and ending date. Tasks are also bound by a beginning and ending data swell.
06:14
So
06:15
the deadline's will and the schedule will play a big role into into even the quality or the actual results off the
06:24
product. In the example that we have in the picture,
06:26
we have someone trying to draw the cartoons Fireman you feet. If it's given 10 minutes, it'll look something like in the picture on the left. There, given one minute you can recognize it. And if you give the person
06:43
12 seconds, he was originally given 10 but he took 12 seconds. You can barely make it out.
06:48
So
06:49
the more that you compress the time than the results will also be affected.
06:58
Risk iss Another constraint which we will cover in more detail later on.
07:05
We mentioned that the organization has to
07:09
have some sort of a definition of how much risk they are willing to undertake. This is called the risk appetite,
07:17
and the risk that they're willing to undertake is going to be commensurate to the objectives and the resources that they have
07:25
and how they can control risk in the form of a threat. To make sure that it does not affect in the native way, Thea comes off a project
07:38
so risk is an ongoing process. Just like quality risk. Cassis own sets off standards, you assess risk, then you evaluate how the risk can affect you. Then you manage or control the risk and then you measure risk.
07:55
Um, risk a citizen ongoing task, just like budget team just or cost management just like quality management. And he's inherent off the life cycle off a project.
08:09
And she never told us We see
08:13
to end this section. We have introduced three new constraints. Before, we had only three. Now we see that it could have been expanded to six
08:24
different authors, present more constraints and maybe change up some of the ones that we see Generally, this ones are
08:33
effective to any project that has to do with technology asking technology. There's always the security risks.
08:43
Also, we have discussed the different challenges that each represent
08:48
with this. I'm saying off for this section, looking forward to seeing you in the next one.

Up Next

CompTIA Project+ (PK0-004)

The CompTIA Project+ course take students through a project’s lifecycle, introducing them to the knowledge and skills that are required to collaborate in project environments. Upon Completion, students will be prepared to pass the Project+ certification exam.

Instructed By

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Humberto Hilario
Information Security Manager and Director of Education at PC AGE Career Institute
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