Lateral Thinking

August 6, 2008

Lateral Thinking is part of Alternative Identication which is tools and technique of Scope Definition.

PM uses Lateral Thinking to define the scope of the project. Lateral thinking is nothing but thinking out of the box. In this process, PM will separate the problem and looking at differnent angles rather than usual conventional methods and trys to solve the problem. PM will engage the project members also  in this process.

-Posted by Dhana

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Lags

August 4, 2008

La4gs are used in the Project Scheduling activites.

Lags delay succeeding activities and require time added either to the start date or to the finish date of the activity.

-Posted by Dhana

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Kick Off Meeting

August 2, 2008

Kick Off Meeting is part of Project Planning.

Once the PM finalizes the Project Charter, he will conduct a Kick Off meeting with the key stake holders and briefs the Project Charter and obtain their approval/sign off.

This enables the PM to start work on the project activities.

-Posted by Dhana

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Functional Organization

August 1, 2008

One common type of organization is Functional Organization.

In these organizations, the departments/units are formed based on the functions and these departments/units focuses and specializes on their specific functions. Example, A functional organization is structured as HR, Accounting, Finance, Legal, Marketing & Sales, Manufacturing and so on.

-Posted by Dhana

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Free Float

July 30, 2008

Free Float is also used in Critical Path Method(CPM).

Free Float is the amount of time a activity can be delayed to start without delaying the early start of the succeeding activity.

-Posted by Dhana

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Forward Pass

July 28, 2008

Forward Pass is a calculation method used in Critical Path Method(CPM) to identify the early start date and early finish date for the activities.

Based on the relationship between current activity and preceeding/succeeding activity the PM will calculate the early start date and early finish date of the activity. The PM will do this calculation from the starting point of the activity list. This method is called as Forward Pass.

-Posted by Dhana

Refer Exam Tips 3 – Key terms for PMP Exam for more key terms


Forming

July 26, 2008

Forming is part of the Team Building Activities which is the tools and techniques of Developing Project Team.

Normally newly built/formed/assembled teams go through four stages of development and Forming is one of those stage.

Forming is the beginning stage of the team formation. Once all the team members are identified by the PM and resource allocation activity will be completed. Then all the team members brought together either physically or conference call if some of them are virtual team and introduced each other and briefed about the project objective. Usually the team members tend to be more formal.

-Posted by Dhana

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Forcing

July 24, 2008

This is one of the methods of Resolving Conflicts.

In this technique one person forces a solution on the other parties. The proposed solution may not be correct but the influencing person with his power(either the boss or powerful stakeholder).

This is not the best technique to solve the conflict as it creates win-lose situation.

-Posted by Dhana

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Force Field Analysis

July 22, 2008

This is one of the Additional Quality Planning Tools.

Force field analysis is one technique that can assist the project team to identify factors that are causing a problem. It is important at this juncture to focus on the issues or forces, not the actions to address them.

-Posted by Dhana

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Flowcharts

July 20, 2008

This is part of the diagramming technique which is a tools and techniques of Risk Identification.

The flowcharts shows the logical steps needed to achieve/meet the project goals/objective, the relationship between them, actions & responses. This diagram assist to identify the necessity of the risk response plans.

-Posted by Dhana

Refer Exam Tips 3 – Key terms for PMP Exam for more key terms