Time
5 hours 14 minutes
Difficulty
Intermediate
CEU/CPE
10

Video Description

This lesson covers time management, specifically the schedule management plan. This establishes policies, procedures and documentation for planning, developing, managing, executing, and controlling the project schedule and provides the guidance necessary for how the project schedule will be managed throughout the project. [toggle_content title="Transcript"] Welcome to Cybrary. My name is Vincent McKeon and I am the subject matter expert for the project management professional certification. Today we will be going over time management. Which is one of the ten knowledge areas for the project management professional certification. For the project management certification at a high level, there are five process groups, ten knowledge areas and 47 total processes. The five process groups are initiation, planning, executing, monitoring and controlling, and closing. The ten knowledge areas are integration, scope, time; which we'll be covering today, cost, quality, human resources, communication, risk, procurement, and stakeholder. All these processes come together making 47 total and they are categorized by process group and knowledge area. As you see all the knowledge areas, all ten of them, make up the left. All the process groups are on the top and we are going to go over time. If you notice there are six processes that make up planning and there is one process in monitoring and controlling. The six processes in planning are plan schedule management, define activities, sequence activities, estimate activity resources, estimate activity durations, and develop schedule. Under monitoring and controlling, you are just going to control the schedule. Let's start off with plan schedule management. Plan schedule management: all knowledge area consists of a plan and how that knowledge area is to be developed. This is just like every other knowledge area; this one, though is going to be called plan schedule management. Compared to all the other knowledge areas where it's plan whatever that knowledge area is management. This process creates the schedule management plan and the key inputs are the project management plan, the project charter, enterprise environmental factors, and organizational process assets. We are going to see a lot of enterprise environmental factors and organizational process assets. What are they? Enterprise environmental factors deals with the culture of that company. Organizational process assets are what that company actually owns and can provide you as the project manager to complete that process. For this process, plan schedule management, a project manager will use expert judgement and analytical techniques and meetings to develop the schedule management plan. So your output is the schedule management plan. What is it? It establishes policies, procedures, documentation for planning, developing, managing, executing, and controlling the project schedule. Provides guidance and direction on how the project schedule will be managed throughout the project. As we talked about the inputs, the project management plan, I like to think of that as the binder, that contains all the other plans for each one of the knowledge areas. The project charter is how the project gets started. It's the documentation that authorizes the project manager, and it keeps high-level requirements. Why is it an input for time? because you have to know when the project needs to be complete. It is usually mentioned as a constraint in the project charter. Tools are expert judgement. Expert judgement is exactly that. It's having the expertise in that area. It could be an expert in developing schedules or whatever project that you are working on. It could be expertise related to that. Another tool is meetings. It's keeping people to gather and discuss the project and how it relates to time. [/toggle_content]

Video Transcription

00:04
Welcome to Cyber. My name is Vincent McEwan and I am the subject matter expert for the Project Man's been professional certification.
00:11
Today we will be going over time management, which is one of the 10 knowledge areas
00:16
for the project Management Professional certification for the
00:20
project Management certification. At a high level, there are five process groups, 10 knowledge areas and 47 total processes.
00:28
The five process groups are initiation planning,
00:32
executing,
00:33
buttering, controlling and closing.
00:36
The technology areas are integration scope
00:39
time which we'll be covering today.
00:41
Cost quality human resource is
00:45
communication, risk procurement and stakeholder.
00:50
All these processes come together making 47 total and they're categorized by process group and knowledge area.
01:00
So as you see all the knowledge areas, all 10 of them make up the left. All the process groups are on the top
01:06
and we're gonna go over time
01:11
If you notice there are six processes that make up planning
01:15
and there's one process a monitoring controlling
01:22
so six processes in planning our planned schedule management
01:26
define activities,
01:26
sequence activities
01:29
as to make activity. Resource is
01:30
estimate activity durations and develop schedule
01:36
under a minor and controlling
01:38
you were just gonna control the schedules.
01:42
So let's start off with planned schedule management
01:47
playing scheduled management. All knowledge areas consists of a plant on how that knowledge area is to be developed.
01:53
This is just like every other knowledge area.
01:56
This one, though, is gonna be called plan scheduled management
01:59
compared to all the other knowledge areas where it's planned. Whatever that knowledge, Jerry is management.
02:06
This process creates the schedule management plan,
02:08
and the key inputs are the
02:12
Project Management plan,
02:15
the Project Charter
02:17
Enterprise, environmental factors and Organizational process assets.
02:22
So we're gonna see a lot of enterprise, environmental factors and organizational process assets.
02:28
What are they or use a enterprise? Environmental factors deals with the culture of that company
02:34
and organizational process. Assets are what that company actually owns and could provide you as a project manager
02:40
to complete that process
02:43
for this process, plan scheduled management. A project manager will use expert judgment,
02:47
analytical techniques and meetings to develop the schedule management plan.
02:54
So your output is the schedule Mansion plan. What is it?
02:59
The Sabbath's policies, procedures, documentation
03:02
planning, developing, managing, executing and controlling The project's schedule
03:07
provides guidance and direction and how the project's schedule will be managed throughout the project.
03:16
So as we talked about the inputs, the project management plan, I like to think of that as the binder that control that contains all the other plans for each one of the knowledge areas.
03:27
Um,
03:28
the project charter is how project gets started.
03:30
It's the documentation that authorizes the project manager, and it gets high level requirements.
03:37
Why is it input for time? Because you have to know
03:42
when the project needs to be complete. It's usually
03:44
mention is a constraint, and the project charter
03:49
tools are expert judgment.
03:51
Expert judgment is exactly that. It's having the expertise in that area. It could be
03:57
an expert in developing schedules or whatever project that you're working on.
04:01
It could be expertise related to that.
04:04
Another tool is meetings. So it's getting people together discussion,
04:09
uh,
04:11
the project and how it relates to,
04:14
um, time

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Project Management Professional (PMP) - PMI

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Instructed By

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Vince McKeown
Senior Program Manager at FGS, LLC
Instructor