Project Management | PMP Exam

Our rolling wave approach to project management helped us allocate resources at the right time after defining the tasks that must be completed. By analyzing the sequencing of activities and creating a schedule through the project management process, activities can be assigned an order.

Based on estimates of work resources, estimate activity durations process estimates the durations of tasks. In order to determine how long an activity will take to complete, activity duration estimates are one of the most crucial components of a project schedule. 

Plan Schedule Management is the project management process where the set of policies, procedures, and documentation to support the planning, development, and execution of the project's schedule are determined. In other words, Plan Schedule Management process guarantees that projects are completed in a timely manner. 

The scope baseline in project management is a document that provides a precise and agreed scope for a project. A scope baseline includes the project scope statement, the WBS, and WBS dictionary which have to be approved by the appropriate stakeholders beforehand.  As a general rule; the results and progress of a project are measured against that baseline in monitoring and controlling process group .

Project scope statement describe the work that must be completed to deliver the project's output on time and within budget. Additionally, they frame the project's objectives and output within the larger scope of the organization.

Changes in scope may occur continuously or uncontrollably during a project's life cycle due to inadequately defined, documented, or controlled scopes, referred to as "scope creep". Despite the fact that it is generally considered harmful for the success of the project, it is an inevitable reality, as well.

A project's activity is defined as the amount of work performed that converts inputs into outcomes. The define activities process refers to the process of identifying and documenting the actions that must be performed to achieve the project's deliverables. By breaking down large work packages into smaller tasks, the project manager can estimate, schedule, execute, monitor, and control the work on the project.