Blog Number 6

Some more I've learned in Project Management.
I've finally am able to remember what the nine bodies of knowledge that are identified by the (PMI) project management institute. And they are:

• IntegrationScope
• Time
• Human Resources
• Cost
• Risk
• Communications
• Procurement
• Planning

I know now how to complete a "Three Point Estimate" for a project. I'll show you what I mean: "Say that the project optimistically can finish in 3 days, most likely will finish in 7 days but, could take as long as 17 days." Below is the equation you would use.

                                           3+ (4 * 7) +17     =     48     =     8 Days
                                                  6                        6

Here's just a few other bits that I have learned over the past few classes.

-A Stakeholder analysis is a project management tool that can be used to help manage relationships with different people involved in a project.
-The main reason why firm incest in information technology projects is actually because they want to support explicit business objectives.
-The project charter is the document formally recognizes the existence of a project.
-The WBS is the main output of the scope definition process and is also an outcome-oriented analysis of the work involved in a project that defines the total scope of the project.
-You must make sure someone has completed the first draft from Finish - Start in order to start editing a technical report.