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

[youtube kR4CV6xKAKA]

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 certification training 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

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

[youtube EX6UZ366pUM]

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

[youtube qWmHgu0p0SI]

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

[youtube EHT0Ye6U2is]

Maximize your success in PMP certification exam with Simplilearn’s blended learning model of PMP exam training.

PMP training workshops – Global calendar: http://www.simplilearn.com/simplilearn/events/upcoming-pmp-workshop
Features of Simplilearn’s PMP Exam training courses through blended learning.

- 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

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.

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 for Project Risk Management Processes:

Now, we have enough information to study about the Project Risk management processes.
Project Risk management can be best defined as the process of risk management planning, risk identification, risk analysis, risk response planning and risk

monitoring and control on a Project.
The key objective of Risk management is to increase the probability and impact of positive events and decrease the probability and impact of negative events.
There are six risk management processes and out of that five are part of project planning group and one is from monitoring and control process groups. These

processes are:
Plan Risk Management
Identify Risks
Perform Qualitative Risk Analysis
Perform Quantitative Risk Analysis
Plan Risk Responses, and
Monitor and Control Risks
We will learn about these six processes in the next six slides.

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

Duration : 0:1:26

[youtube Av9SHzCO28s]

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
- 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

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 Certification Training 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

Transcript for closing procurement:

Close procurements is the last process of the Project Procurement managing. This is the process of formally closing the contract.
The input of this process is the project management plan and the procurement documentation like contract, RFP, Performance Reports etc. These are the inputs, because all such documents need to be archived for future reference purposes.
The key technique for this process is Procurement audits. The aim of procurement audit is to identify successes and failures of the contract administration process and use the findings for the lesson learnt documentation.
Any claims or disputes should also get resolved through negotiation before closing the contract.
The output of the contract closure is actual letter handed over by the buyer to the seller informing about the contract closure.
Organization process assets also get updated as a result of this process, mainly the lesson learnt part.

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

Duration : 0:1:25

[youtube u6eXpHJZ3Mg]

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 certification training 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

Transcript for Project Risk Management, Perform Qualitative Risk Analysis:

While Risk Identification is the process of identifying all possible risks, but in reality it’s not a good idea to work on finding workaround or

responses on all the risks. This is because of the impact of the risk may be so negligible in some cases that it’s not worth worrying about that risk.
But, out of many risks identified, which one you shall work on priority. That’s done after analyzing the risk. The obvious inputs to this process are Risk

register and Risk Management Plan.
The first technique of Qualitative risk analysis is to find out the accuracy of the risk data. This means really finding out whether the risks are a real

risk or not!
Once the accuracy of the risk data is verified, the next step is to find out which risks need to be addressed on priority and analyzing them on priority.
The analysis is done by classifying the risk probability and impact into High, Medium and Low.
With this analysis, if a Risk has both high probability as well as high impact, that needs to be addressed first than any other risks.
The output of this process is prioritized risks with their probability and impact ratings. The process also results in a list of risks that require further

analysis, because the data available might not be sufficient enough to determine their probability and impact.

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

Duration : 0:2:1

[youtube hzxlmgCk9Yc]

Features of Simplilearn’s PMP exam certification 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
- 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)
- 24*7 dedicated Support via Live online chat, e-mail (support at simplilearn dot com), phone (+1.770.881.8180), and online ticketing system
- 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
- 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 What is Quality:

what is Quality? When do you say that Project meets quality expectations?
The answer is, a Project is said to meet Quality expectations, when all the Project requirements, agreed in the beginning of the Project are met and also the resulting Product of the Project is usable. When I say usable, means, the intended users of the Product can use the product without any problem.
You must have listened to the comments like System is too slow, I can’t use it. This is a below quality product. Now, you can relate to it, right? The users feel it’s below quality as it is too slow to be used!! Meaning, it’s not usable.
Now, let me ask you, who is Responsible for Quality in a Project? The answer is Project Manager..However, it’s the responsibility of each and everyone in the Project to ensure that whatever they do meets project quality expectations.
Also, it’s important to note that the quality comes at a cost. The more efforts are put in ensuring Quality; the better is the resulting Product. But, one can’t keep on investing in increasing Quality, as there is no limit to how better a product can be made. So, much to invest in quality is determined by knowing the optimal level of Quality.
Optimal level of Quality is supposed to be achieved when at the point where the incremental revenue from improvement equals the incremental cost to secure it.
Let me explain this with little more detail. Suppose you are the manufacturer of toys, but your toys are not good enough or in other words it’s below quality and no-one buys them. To make them better or of higher quality, you start investing in really identifying what kids want, give some initial samples to kids and see how happy they are with the toys and incorporate those feedbacks in making better toys. Now, you start finding parents ready to buy these toys.
But suppose you invest too much to make the toys of the highest quality, the cost of the toys will also increase accordingly… and it might become prohibitive for parents to buy.
Optimal level of Quality is reached for this toy manufacturer at the point, where in they get maximum number of buyers for the toys manufactured.

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

Duration : 0:3:11

[youtube w-vq5tv_DXM]

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

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.

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

Transcript for ” project communication management, report performance”:

Performance Reporting is the last Project Communication Management process. It involves periodic collection and analysis of baseline vs. actual data to understand and communicate the project progress and performance as well as to forecast the project results.
Now, does it sound similar to Information Distribution? It does.
But it’s different than Information distribution in the sense that Information Distribution is about sharing the project status report as and when desired by the stakeholders, where as Performance reporting is about analyzing the project data, reporting on planned vs. actual as well as making forecast about the future.
Let’s look at the kind of reports prepared as part of performance reporting. Few such reports are:
Project Performance reports with respect to cost, schedule, scope and quality.
Trend reports on whether the project performance is improving or deteriorating
Earned Value reports
Forecasting reports on future project status and performance.
Let’s look at the inputs of this process. We will have already discussed all these documents listed as input to this process.
The tools and techniques are also quiet obvious. Just be aware of their names. You will not be ever asked in PMP exam about what are the different variance analysis methods used for variance analysis. You should just know that variance analysis is a technique used in analyzing planned vs. actual analysis in performance reporting.
Similarly, there are techniques used for forecasting the future project performance. Many organizations do use sophisticated software for such analysis, but in smaller project basic mathematical principles and common sense techniques can be used to create such reports.
This process results in Performance reports as output. In addition to that, change requests are also a very likely output. Why? Because, stakeholders may ask for some changes based on performance reports.
In addition to these two outputs, this process also results in updating the lessons learnt database. Can you think of why? Do this as an exercise…
With this, we are through with the project communication management process.
Please go ahead and take up the quiz, to check your understanding of this topic.

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

Duration : 0:3:3

[youtube mo8-3jjU4nU]

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
- 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
- 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

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 what is Project Quality Management:

We just studied what is Quality. Now, let’s look at what is Quality Management.
Quality management aims to ensure that Project meets all the initial agreed requirements without any deviation. To ensure this, Quality Management involves doing activities like creating standard policy and procedures and also ensuring that those standard procedures are being followed properly in the project.
There are three broad activities that are done as part of Quality Management. They are Quality Planning, Quality Assurance and Quality Control.
Quality planning is the first step when Quality related Activities of the project are planned, Quality Assurance is the next stage of implementing those Quality Plans and Quality Control is the last stage, when periodic checks are done to see if Project Quality is improving or not.
But what happens if you don’t do Quality Management in a Project? Here is what you can expect in this case:
Increased Cost, because of rework.
Low customer Satisfaction, because no customer likes a below quality deliverable.

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

Duration : 0:1:41

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