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Simplilearn ???? (http://www.simplilearn.com)? ??? ???? ?????? PMI REP [??? 3147] ????? 4 ???? ????? PMP (????? ???????? ??????) ???? ??????? ?? ????? ?????? ?? ?????? ?? 12-15 ??????? 2011.

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Duration : 0:0:10

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Duration : 0:0:27

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Features of Simplilearn’s PMP exam preparation training (blended model – classroom and online)

- 2-day PMP-certified instructor-led classroom training in your city
- 3-month online preparation
- 5 mock PMP exam simulation tests online
- Each PMP Exam full-length simulation test is of 4 hours and includes 200 PMP new exam format questions
- Get PMBOK Guide – Fourth Edition (for participants from the United States)
- Get 35 contact-hour course completion certificate after completing 2-day classroom training and 19 hours of online training
- PMI approved course content
- Global PMP training provider (R.E.P. Id 3147)
- Trained more than 12000+ professionals across 110+ countries
- Visit http://www.simplilearn.com/ to know more and enroll for PMP exam training course

PMP training workshops – Global calendar: http://www.simplilearn.com/simplilearn/events/upcoming-pmp-workshop

E-mail support@simplilearn.com to know more about our PMP Exam training courses worldwide or call now! on +1.770.881.8180

Transcript for Project Life Cycle v/s Project Management Process:

We have already explained you “The Project Lifecycle” in Lesson 2. Project Lifecycle basically tells what one needs to do to get the project work done and we also informed you that it’s different for different industries.
For example, in Software Industry, the typical Project Life Cycle is Requirement Analysisà Design à Codingà Testing à Installationà Operations and Support.
Whereas the Project Management Process are “What to do”, “to manage the Project”.
Now, managing the project is same across Industry. Let’s take an example of a Project Management Process, “Develop Schedule”. One needs to develop the project schedule, be it any Industry.
The Project Management Processes are divided into 5 process groups and these groups are:
Initiating Process Groups
Planning Process Groups
Executing Process Groups
Monitoring and Control Process Groups
Closing Process Groups
For small project, one might have to go through, from Initiating phase till the closing phase only once.
For bigger projects, however, the whole cycle may be repeated multiple times, whenever the project re-enters a new phase
Let’s look at graphically in the next slide to see how these processes are related.

Visit http://www.simplilearn.com/ to prepare for Project Management Professional PMP certification.

Duration : 0:2:5

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Features of Simplilearn’s PMP training (blended model – classroom and online)

- 2-day PMP-certified instructor-led classroom training in your city
- 3-month online preparation
- 5 mock PMP exam simulation tests online
- 24*7 support
- Access Simplilearn discussion forums for PMP training insights
- Get PMP exam prep book for offline reference
- 1000 real-life PMP exam practice questions to maximize your chances of success of achieving PMP certification
- Get PMBOK Guide – Fourth Edition (for participants from the United States)
- Get complimentary access to advanced MS Project 2007 and MS Project 2010 online training course for 1-year worth $99.99

PMP training workshops – Global calendar: http://www.simplilearn.com/simplilearn/events/upcoming-pmp-workshop

Upcoming PMP Boot Camps in the United States:

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Simplilearn conducts PMP exam training across 71 cities in the United States.

Upcoming PMP certification training in Middle East:

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Simplilearn global PMP training calendar:

http://www.simplilearn.com/simplilearn/events/upcoming-pmp-workshop

PMP Online Training: Starts $99.99 onwards.

http://www.simplilearn.com/simplilearn/pmp_exam/online-courses

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PMP online training courses start from $99.99 onwards for Standard PMP online training course with 4 PMP simulation tests online. Each PMP mock test is of 4 hours with 200 real-life PMP exam prep questions.

E-mail support@simplilearn.com to know more about our PMP Exam training courses worldwide or call now! on +1.770.881.8180

Transcript for Project Risk Management, Risk Reserve:

Look at this slide carefully. I have already explained in Cost Management chapter about control account. Also, I did explain work package in scope

management chapter.
Nevertheless, let me give you a quick recap. Work packages are last level of classification in a Work Breakdown structure (ie WBS). Below Work packages, you

only have activities in a WBS.
Since, managing cost at each work package level is quiet inconvenient, generally more than one work packages are clubbed together to create a control

account. Costs are managed at control account level. When I say cost is managed at control account level, means, how much was planned for work packages

within that control account, how much is actually spent etc are accounted at that level.
As you can see, first the cost of all activities, add up to the cost of the work packages and work packages cost add up to the control account cost. There

can be multiple control accounts in a project. Now, once the project cost is calculated, some reserve is added to take care of any uncertainties.
Why this reserve is added, because, you might have made some assumption to calculate the cost of the activities and by adding some reserve, you can want to

take care of uncertainties. In this case, make a note that you are accounting for the assumptions made and it can also be said that this reserve takes care

of known uncertainties. This reserve is also called contingency reserve.
Once the planned cost is arrived, another reserve gets added and that’s called management reserve. Now, why is this needed? Well, by adding contingency

reserve you have taken care of known uncertainties and by adding management reserve you take care of unknown uncertainties.
But on what basis do you add unknown uncertainties, the answer is its totally based on experience or what we also call in PMI language Expert Judgment.

Visit http://www.simplilearn.com/ to prepare for Project Management Professional PMP certification.

Duration : 0:2:49

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Features of Simplilearn’s PMP training (blended model – classroom and online)

- 2-day PMP-certified instructor-led classroom training in your city
- 3-month online preparation
- 5 mock PMP exam simulation tests online
- 24*7 support
- Access Simplilearn discussion forums for PMP training insights
- Get PMP exam prep book for offline reference
- 1000 real-life PMP exam practice questions to maximize your chances of success of achieving PMP certification
- Get PMBOK Guide – Fourth Edition (for participants from the United States)
- Get complimentary access to advanced MS Project 2007 and MS Project 2010 online training course for 1-year worth $99.99

PMP training workshops – Global calendar: http://www.simplilearn.com/simplilearn/events/upcoming-pmp-workshop

Upcoming PMP Boot Camps in the United States:

http://www.simplilearn.com/simplilearn/events/pmp-training-usa

2-day PMP Boot Camps in the US for $1099 only.
Simplilearn conducts PMP exam training across 71 cities in the United States.

Upcoming PMP Exam Prep Course in Middle East:

http://www.simplilearn.com/simplilearn/events/events-middle-east

Simplilearn global PMP training calendar:

http://www.simplilearn.com/simplilearn/events/upcoming-pmp-workshop

PMP Online Training: Starts $99.99 onwards.

http://www.simplilearn.com/simplilearn/pmp_exam/online-courses

CAPM Online Training: 3-month online training for $129.99 only

http://www.simplilearn.com/simplilearn/pmp_exam/capm-online-courses

PMP online training courses start from $99.99 onwards for Standard PMP online training course with 4 PMP simulation tests online. Each PMP mock test is of 4 hours with 200 real-life PMP exam prep questions.

E-mail support@simplilearn.com to know more about our PMP Exam training courses worldwide or call now! on +1.770.881.8180

Visit http://www.simplilearn.com/ to prepare for Project Management Professional PMP certification.

Transcript of Simplilearn’s Project Time Management Video:

What is Project Time Management?

The purpose of Project Time Management is to ensure that project gets completed on time. So, this knowledge area is primarily concerned with developing a project schedule and ensuring that project goes as per the agreed schedule.

If at all there is a need to change the project schedule, the change should happen by following a proper change control procedure.

There is also a related term, which is commonly used in the PMP examination, called ‘Schedule Management Plan.’ You should know about this. Schedule Management Plan is part of the Project Management Plan and it has information on planning, managing, and controlling the Project Schedule.

Some key activities that happen as part of the Project Time Management are:
- Identifying the list of project activities
- Estimating the time and resource required to complete each of the identified activities
- Sequencing the activities to occur one after the other in a logical manner.

Transcript for Project Time Management:

The purpose of the Project Time Management is to ensure that project gets completed on time. So, this Knowledge area is primarily concerned with

developing a Project Schedule and ensuring that project goes as per the agreed schedule. If at all there is a need to change the project schedule, the change

should happen by following a proper change control procedure.
There is also a related term, which is commonly used in the PMP examination, called “Schedule Management Plan”. You should know about this. Schedule

Management Plan is part of the Project Management Plan and it has information like how the Project Schedule would be planned and how it will be managed and

controlled.
Some of the key activities that happen as part of Project Time Management are:
Identifying the list of project activities
Estimating the time and resource required to complete each of the identified activities
Sequencing the activities to occur one after the other in a logical manner.

Visit http://www.simplilearn.com/ for more information on project management training.
Simplilearn Project Management Professional PMP Exam preparation training courses.

Duration : 0:1:28

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Features of Simplilearn’s PMP prep training class (blended model – classroom and online)

- 2-day PMP-certified instructor-led classroom training in your city
- 3-month online preparation
- 5 mock PMP exam simulation tests online
- Each PMP Exam full-length simulation test is of 4 hours and includes 200 PMP new exam format questions
- Get PMBOK Guide – Fourth Edition (for participants from the United States)
- Get complimentary access to advanced MS Project 2007 and MS Project 2010 online training course for 1-year worth $99.99
- Attend 3 live PMP training webinars (video tutorials) each week
- 13 full-length audio-video chapters online with interactive exercise and quiz for each chapter
- 24*7 Support via Live online chat, e-mail {support (at) simplilearn {dot) com}, and phone (+1.770.881.8180).
- Get 35 contact-hour course completion certificate after completing 2-day classroom training and 19 hours of online training
- PMI approved course content
- Global PMP training provider (R.E.P. Id 3147)
- Trained more than 12000+ professionals across 110+ countries
- Visit http://www.simplilearn.com/ to know more and enroll for PMP exam training course

PMP training workshops – Global calendar: http://www.simplilearn.com/simplilearn/events/upcoming-pmp-workshop

Transcript for Perform Quality Control:

The key focuses of the Quality Control Activities are on correctness of the Work. Quality control helps answer questions like:
Is everything OK with the Project?
Does the Project Plan require changes to successfully execute the Project?
Will the Project Succeed?
Quality Control is done throughout the Project. So, the Project deliverables are inspected against the Planned Checklists. Also, the Quality Metrics measurements are continuously done to see whether the project quality is improving or not.
Quality control activities result in recommended changes, corrective and preventive actions and defect repair to integrated change control process.
There are seven popular tools and techniques used in doing the Quality control activities. They are collectively known as seven basic tools of Quality. In next few slides, we will study all these tools one by one in detail.

Duration : 0:1:23

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Features of Simplilearn’s PMP training (blended model – classroom and online)

- 2-day PMP-certified instructor-led classroom training in your city
- 3-month online preparation
- 5 mock PMP exam simulation tests online
- Each PMP Exam full-length simulation test is of 4 hours and includes 200 PMP new exam format questions
- 24*7 Support via Live chat, e-mail, phone, and online ticketing
- Access Simplilearn discussion forums for PMP training insights
- Get PMP exam prep book for offline reference
- 1000 real-life PMP exam practice questions to maximize your chances of success of achieving PMP certification
- Get PMBOK Guide – Fourth Edition (for participants from the United States)
- Get complimentary access to advanced MS Project 2007 and MS Project 2010 online training course for 1-year worth $99.99
- Attend 3 live PMP training webinars (video tutorials) each week
- 13 full-length audio-video chapters online with interactive exercise and quiz for each chapter
- Get 35 contact-hour course completion certificate after completing 2-day classroom training and 19 hours of online training
PMP training workshops – Global calendar: http://www.simplilearn.com/simplilearn/events/upcoming-pmp-workshop

Upcoming PMP Boot Camps in the United States:

http://www.simplilearn.com/simplilearn/events/pmp-training-usa

Simplilearn global PMP training calendar:

http://www.simplilearn.com/simplilearn/events/upcoming-pmp-workshop

PMP Online Training: Starts $99.99 onwards.

http://www.simplilearn.com/simplilearn/pmp_exam/online-courses

CAPM Online Training: 3-month online training for $129.99 only

E-mail support@simplilearn.com to know more about our PMP Exam training courses worldwide or call now! on +1.770.881.8180
PMP training camps are in USA, Middl-East, Saudi Arabia, Australia.

Transcript for Critical Path Method:

Critical Path is another technique to do the Schedule Network Analysis. It’s again a very popular technique and we will study this method in next few slides.
First, let me explain what is a critical Path?
Critical path is defined as the longest duration path through a network diagram and determines the shortest time to complete the project. We will shortly learn on how to identify a critical path in a network.
Float is another concept, which is quiet important in understanding the critical path. Float is calculated once the network diagram is ready. There are three kind of float that can be calculated.
The first being the Total Float, which is the amount of time an activity can be delayed without delaying the project end date or an intermediary milestone.
The second type of float is Free Float which is the amount of time an activity can be delayed without delaying the early start date of its successor(s) activities.
The last type is Project Float which is the amount of time a Project can be delayed without delaying the externally imposed project completion date required by the customer or previously committed by the Project Manager.
You can think of float as a cushion time available to complete an activity. Float is also called slack.
Now, let me ask you. What is the slack of the activities on the critical path? The answer is Zero.
Because, there is no scope to delay activities on the critical path. Critical Path actually represents the Project duration.
They actually add together to the Project duration, so where is the scope for the delay? Delaying activities on the critical path is as good as delaying the project duration!

Visit http://www.simplilearn.com/ to prepare for Project Management Professional PMP certification.

Duration : 0:2:27

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