PMP Exam Cram 2. Project Management Professional

Terms you'll need to understand:

  • Organizational policies

  • Preventive action

  • Corrective action

  • Status review meetings

  • Quality assurance

  • Quality audits

  • Quality improvement

  • Collocation

  • War room

  • Solicitation

  • Qualified seller lists

  • Bidder conferences

  • Source selection

  • Weighting system

  • Contract administration

  • Change requests

  • Contract change control system

Techniques and concepts you'll need to master:

  • How a project plan is used to execute a project

  • What performance-measurement baselines are key inputs to the project plan execution

  • What project quality controls are and how they impact the success of a project

  • How often a project plan should be monitored

  • What a quality assurance audit is and how it can help your project

  • How lessons are learned related to quality assurance

  • What the difference is between quality planning and quality assurance

  • How team development impacts the project performance

  • Who can do team building and how it affects a project

  • What the five conflict-resolution techniques are

  • What Maslow's Hierarchy of Needs is

  • What Herzberg's Hygiene Theory is

  • What the difference is between the Expectancy Theory and the Achievement Theory

  • What McGregor's X and Y Theories are

  • What a war room is and how it can help a project

  • What solicitation is used for

  • When a contract between the buyer and seller should be developed

  • What ensures the seller's performance meets the contractual requirements

The project management executing processes include the following sections from the PMBOK:

  • 4.2: Project Plan Execution

  • 8.2: Quality Assurance

  • 9.3: Team Development

  • 10.2: Information Distribution

  • 12.3: Solicitation

  • 12.4: Source Selection

  • 12.5: Contract Administration

Topics such as team development, information distribution, source selection, and others all contribute to executing project management processes. This chapter will cover the processes associated with executing aspects of a project.

Because project execution requires the most resources and time, there is a heavy emphasis on the PMP exam on questions that pertain to this topic. Make sure you are familiar with the concepts and terms associated with project execution and how it is related to the stages of a project.

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