Project Management Knowledge

1. Project: Temporary work for the creation of unique products, services or results. Unique, temporary, progressive detail.

2. Scope, time, cost, quality, risk, stakeholder satisfaction, human resources, communication, procurement, integration.

3. Portfolio: Portfolio of projects and projects to achieve strategic business objectives.

4. Project set: A set of interrelated and coordinated projects.

5. Specify the smart principles of the goal: specific, measurable, achievable, relevant, prescription.

6. Organizational structure is divided into: functional type, matrix type, project type.

7. Product Life cycle: can research, research and development, production, operation, destruction/upgrade.

8. Project life cycle: Start, plan, execute, monitor, finish.

9. The project start-up will be held after the launch, the release of the Project Charter. The project kicks off after the plan is completed.

10. The project charter is also called the Project Establishment book, initiates the agreement.

11. Project Work Instruction (SOW): Project initiator or initiator provided, if an external project can be part of the tendering document.

12. Net present value: Cash Flow discount for future earnings minus initial investment.

13. Analytical Techniques: regression analysis, causal analysis, failure model and impact analysis (FMEA), Fault tree analysis (FTA), earned value management, trend analysis.

14. Change control procedures: impact on factors, prevention of changes in the emergence of oral change in writing, the impact of the evaluation changes on a direct constraint, the overall evaluation of the impact of the design strategy and response plan----Submit a change request--approval or negation---update plan, Notify stakeholders, track change implementation, record change log to continue monitoring. (Written record change request-"analysis impact-" submit CCB for approval-"approval or refusal-" if the modification plan reflects the change).

15. Closure procedure: Determination of specific closure procedures-"complete handover of project results-" Completion of lessons learned summary-"document Audit Archive-" resource demobilization.

16.7 Major Quality management tools: Causality diagram, flowchart, checklist, Pareto chart, histogram, control chart, scatter chart.

17. Deming put forward the PDCA prevention is better than inspection, Juran proposed the quality ternary theory, Krusby proposed the consistency and the non-conformance cost, Tiankou proposed the statistical technology.

18. Identify risks with SWOT analysis (strengths, weaknesses, opportunities, threats). Negative risk response measures: avoidance, diversion, mitigation, acceptance.

19. Contract Type: FFP fixed Total price contract, FPIF Total price plus incentive cost contract, FPEPA Total price plus economic price adjustment contract, CPFF cost plus fixed cost contract, CPIF cost plus incentive cost, CPAF cost Plus award fee.

Calculation in 20.FPIF: actual Profit = Target profit + (target cost-Actual cost) * seller's share; pta= (highest limit-target price)/buyer share ratio + target cost

CPIF calculation: Actual Profit = Target profit + (target cost-Actual cost) * seller's share; contract Total Price = Actual Cost + actual profit;

21. The need for employment contracts: the buyer wants the seller to start work immediately, the buyer needs to introduce new employees from outside, the introduction of experts, time is short, not complex.

Project Management Knowledge