CAPM charts

1. ®
Preparing for the CAPM Exam
Project Management Institute
California Central Valley Chapter
(PMI – CCVC)
Time Management June 20, 2011

2. Agenda
• Matching Game – (50 min) – <Matching Handout>
• Break – (10 min)
• Address Questions from Reading – (50 min)
• Slides – what you need to know
• CPM Example – <Group Exercise: Handout>
• Break – (10 min)
• Questions – Drill/Practice – (60 min) – <FASTrac>
• Summary: <how to prepare, handouts>
Time Management June 20, 2011

3. The Primary Topics for Project Time
Management:
• Determining what resources are available and
when
• Determining how much time the project will take
to complete
• Calculating the critical path and the float of a
network diagram
• Know how to compress a project schedule
• Know the different types of network Analysis
Time Management June 20, 2011

4. Project Time Management
6.1 Activity Definition
Project Time Management
6.0
Activity Activity Activity Schedule
Activity Schedule
Definition Resource Duration Control
Sequencing Development
6.1 Estimating Estimating 6.6
6.2 6.5
6.3 6.4
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Time Management April 4, 2011

5. Key Concepts for
Activity Definition
 Def: Activity Definition
 Output: Activity List, Activity Attributes
 Diff: Deliverables and Activities
 Diff: WBS, Work Package, Activity
 Def: Constraints
 Def: Assumptions
 Def: Enterprise Environmental Factors
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Time Management April 4, 2011

6. Key Concepts for
Activity Definition
 Def:Organizational Process Assets
 Def: Decomposition
 Def: Rolling Wave
 Def: Templates
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Time Management April 4, 2011

7. Project Time Management
6.2 Activity Sequencing
Project Time Management
6.0
Activity Activity Activity
Schedule
Activity Schedule
Definition Resource Duration
Control
Sequencing Development
6.1 Estimating Estimating
6.6
6.2 6.5
6.3 6.4
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Time Management April 4, 2011

8. Key Concepts for
Activity Sequencing
 Def: Activity Sequencing
 Output: Project Network Diagram
 Diff: Mandatory, Discretionary, External
Dependencies
 Def: Finish-start, Start-start, Finish-finish,
Start-finish
 Def: Lead, Lag
 Diff: PDM, ADM, Conditional diagramming
method (GERT)
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Time Management April 4, 2011

9. Project Time Management
6.3 Activity Resource Estimating
Project Time Management
6.0
Activity Activity Activity
Schedule
Activity Schedule
Definition Resource Duration
Control
Sequencing Development
6.1 Estimating Estimating
6.6
6.2 6.5
6.3 6.4
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Time Management April 4, 2011

10. Key Concepts for
Activity Resource Estimating
 Def: Activity Resource Estimating
 Output: Activity Resource Requirements
 Def: Published Estimating Data
 Def: Alternative Analysis
 Def: Bottom-up estimates
 Def: Resource Breakdown Structure
 Def: Resource Calendar
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Time Management April 4, 2011

11. Project Time Management
6.4 Activity Duration Estimating
Project Time Management
6.0
Activity Activity Activity Schedule
Activity Schedule
Definition Resource Duration Control
Sequencing Development
6.1 Estimating Estimating 6.6
6.2 6.5
6.3 6.4
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Time Management April 4, 2011

12. Key Concepts for
Activity Duration Estimating
 Def: Activity Duration Estimating
 Def: Work Periods
 Output: Activity Duration Estimate
 Def: Expert Judgement
 Def: Analogous Estimating
 Def: Parametric Estimates
 Def: Three Point Estimates
 Diff: Management Reserve & Contingency
Reserve
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Time Management April 4, 2011

13. Project Time Management
6.5 Schedule Development
Project Time Management
6.0
Activity Activity Activity
Schedule
Activity Schedule
Definition Resource Duration
Control
Sequencing Development
6.1 Estimating Estimating
6.6
6.2 6.5
6.3 6.4
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Time Management April 4, 2011

14. Key Concepts for
Schedule Development
 Def: Schedule Development
 Input: Calendars
 Output: Project Schedule
 Def: Critical Path
 Def: Float, Slack
 Know the purpose of the CPM Forward Pass
and Backward Pass
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Time Management April 4, 2011

15. Key Concepts for
Schedule Development
 Def: PERT, 3 Point Average, GERT
 Def: Critical Chain Method
 Def: Normal Distribution
 Def: Monte Carlo Simulation (what-if
analysis)
 Def: Duration Compression
 Def: Schedule Model Data
 Def: Crashing
 Def: Fast Tracking
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Time Management April 4, 2011

16. Key Concepts for
Schedule Development
 Def: Heuristics
 Def: Resource Leveling (smoothing)
 Diff: Project Network Diagrams, Bar Charts,
Logic Bar Chart and Milestone Charts
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Time Management April 4, 2011

17. Project Time Management
6.6 Schedule Control
Project Time Management
6.0
Activity Activity Activity
Schedule
Activity Schedule
Definition Resource Duration
Control
Sequencing Development
6.1 Estimating Estimating
6.6
6.2 6.5
6.3 6.4
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Time Management April 4, 2011

18. Key Concepts for
Schedule Control
 Def: Schedule Baseline
 Input: Schedule Baseline
 Output: Schedule Model Data, & Baseline
Updates
 Def: Performance Measurement
 Def: Variance Analysis
 Def: Schedule Management Plan
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Time Management April 4, 2011

19. Group Exercise
“Critical Path Scenario”
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Time Management June 20, 2011

20. Group Critical Path Exercise
Activity Preceding Activity Estimated Duration
Start 0
2.3.3.1 Start 20
2.3.3.2 2.3.3.1 25
2.3.3.3 2.3.3.2 8
2.3.3.4 2.3.3.3 8
2.3.3.5 2.3.3.3 6
2.3.3.6 2.3.3.5 8
2.3.3.7 2.3.3.4, 2.3.3.6 4, 4 + 16 hour FS lag
End 2.3.3.7 0
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Time Management June 20, 2011

21. Group Exercise
“FASTrac Selections”
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Time Management June 20, 2011

22. Group FASTrac Exercise
ID Number ID Number
Group 1 Group 2
401 451
410 668
382 408
400 640
439 399
463 437
1295 411
386 1308
413 507
390 472
513 477
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Time Management June 20, 2011

23. Good luck studying!!!
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Time Management June 20, 2011