1. The document outlines the course structure for PMP certification exam preparation. It covers 6 days of topics including introduction, processes, integration, stakeholders, schedule, cost, quality and risk.
2. Day 3 focuses on schedule and cost management. Schedule management topics include defining activities, sequencing activities, estimating durations, developing the schedule, and controlling the schedule.
3. Estimating activity durations is a key part of developing the project schedule. Various estimation techniques can be used including analogous, parametric, and three-point estimation. Contingency and management reserves should be included in the schedule to account for unknown risks.
40. Contingency reserves: risk reserves
assigned after response planning
where no action can be taken any
further.
Management reserves: unseen risk
reserves (UNKNOWN).
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41. Schedule Management
Ref# Schedule Management Process Process Group
6.1 Plan schedule management Planning
6.2 Define activities Planning
6.3 Sequence activities Planning
6.4 Estimate activity durations Planning
6.5 Develop schedule Planning
6.6 Control schedule
Monitoring &
controlling
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