PMP Hints

PMP Hints

Allocating Resources in a Matrix Organization

In large organizations, or on large projects, you may have the luxury of full-time resources for your entire team. However, in many (or most) situations, the project manager must utilize shared and part-time resources to complete the work. Some resources may be working on multiple projects, while other resources may be working in support (or operations) roles as well. The process of gaining and retaining resources in this environment can be difficult and is related to the way your organization is structured. …

PMP Hints

Manage Metrics – Large Projects – Beginning of the Project

Large Projects – Beginning of the Project

Large projects should definitely be capturing metrics that will provide information on the quality of the deliverables and the processes used to create the deliverables. The following process can be used to come up with the appropriate metrics on the project. This process will result in the creation of a Project Scorecard. …

PMP Hints

Responsibility Matrix

In a large project, there may be many people that have some role in the creation and approval of project deliverables. Sometimes this is pretty straightforward, such as one person writing a document and one person approving it. In other cases, there may be many people who have a hand in the creation and others that need to have varying levels of approval.

PMP Hints

The Basic Concepts of Earned Value

In any project, the value to be gained is based on completing the work. From a customer perspective, the business value is achieved when the project is completed. If a project gets canceled 90% through completion, the business value might be zero.

However, earned value looks at this differently. With earned value, you are earning the value of the project on an incremental scale as the project is executing. When 50% of the work is completed, you could say that 50% of the value of the project has been realized as well. …

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