taking smaller bites with pmp-bite series - pmp chapter 1 part 2 (constraints)
DESCRIPTION
I was constantly overwhelmed by the 618 pager PMBOK guide. At the beginning of each chapter - as I saw the framework for that syllabus, my palms get sweaty. I dread the upcoming few hours of pouring over the dry notes. These are the very reasons why I've create a PMP-Bite series. A compilation of 'small-bites' focusing on the more frequently asked topics, and delivered to you in 'bite-size'. Here's Chapter 1 - Part 2: Project ConstraintsTRANSCRIPT
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[email protected]/in/maywongmeiching1
May Wong, PMP
taking a smaller
BITEof PMP
CHAPTER 1
PART 2a PMP-BITE series
Image courtesy of Stuart Miles / FreeDigitalPhotos.net
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HELLO.Armed with more than 10 years of experience in marketing. Specializing in Project Management of activation campaigns, conferences, events & exhibitions.
Bitten by the travel bug and an explorer at heart.
Loves dogs.
@mayscloset
MAY WONGPROJECT MANAGER @ SHELL INTERNATIONAL
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Part1 Part2 Part4Part3
Project Program Portfolio PMO
Time Cost Scope Resource Quality Risk
Functional Projectized Matrix
Product Lifecycle Project Lifecycle
4’P’s ConstraintsOrganizational
StructureLifecycle
ONECHAPTER
taking smaller bites…
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Part1 Part2 Part4Part3
Project Program Portfolio PMO
Time Cost Scope Resource Quality Risk
Functional Projectized Matrix
Product Lifecycle Project Lifecycle
4’P’s ConstraintsOrganizational
StructureLifecycle
ONECHAPTER
taking smaller bites…
![Page 5: Taking smaller bites with PMP-Bite series - PMP Chapter 1 Part 2 (CONSTRAINTS)](https://reader034.vdocuments.net/reader034/viewer/2022051513/546cbce3af795958298b51e7/html5/thumbnails/5.jpg)
3 + 3 2
CONSTRAINTS
PART
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PMBOK definition: A limiting factor that affects the execution of a project, program, portfolio or process
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COST
SCOPETIME
The project budget: must stay within the allocated
budget
The project schedule: amount of time allocated for project
completion
The project tasks: The things a project team needs to perform to meet project
objectives
Image courtesy of Gualberto107 / FreeDigitalPhotos.net
TRIPLE CONSTRAINTS
QUALITYIDEAL
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Image courtesy of thanunkorn / FreeDigitalPhotos.net
COST
SCOPETIME
QUALITY
TRIPLE CONSTRAINTSCHANGES
There are changes in cost. Therefore, causing instability to TIME (schedule) & SCOPE. Putting QUALITY at RISK.
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Image courtesy of Stuart Miles / FreeDigitalPhotos.net
TIME
SCOPE
COST
RESOURCES
RISK
QUALITY
Budget cut!Budget cut!
The dateline was yesterday!
Do this! Do that! DO IT ALL! It has to be
perfect!
10?? I have only 2 staffs for you!
ALL CONTRAINTSARE EQUALLY IMPORTANT
Unexpected obstacles! Deal with this first! No that…no this first!
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HOW WELL DID YOU PAID ATTENTION? PART
3 + 3 2
CONSTRAINTS
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EXERCISE
Which of the following BEST describe a project’s constraints?
a. Budget cuts – lack of funds
b. Labor strike – lack of workers
c. Indecisive Management - lack of clarity
d. PMO priorities – lack of justification to proceed with the project
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ANSWER
Which of the following BEST describe a project’s constraints?
a. Budget cuts – lack of funds
b. Labor strike – lack of workers
c. Indecisive Management - lack of clarity
d. PMO priorities – lack of justification to proceed with the project
A project not selected by the PMO yet cannot be categorized as a constraint. The project did not exist
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Part1 Part2 Part4Part3
Project Program Portfolio PMO
Time Cost Scope Resource Quality Risk
Functional Projectized Matrix
Product Lifecycle Project Lifecycle
4’P’s ConstraintsOrganizational
StructureLifecycle
…coming soonImage courtesy of Master isolated images / FreeDigitalPhotos.net
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QUESTIONS?
FEEDBACK?
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@mayscloset
YOUTHANK