CAPM05 | Project Time Management – Preparing for the CAPM
Terri Echegoyen and Mark Phillipy continue to study for the CAPM exam. In this session we cover Chapter 6 Project Time Management of the PMBOK. This is the fifth session in the mentoring series “Preparing for the CAPM”. Mark and Terri study together out of the fifth edition of the PMBOK as Terri gets ready to take the CAPM exam.
Preparing for the CAPM Series
I received such great feedback about “Preparing for the CAPM” series, I have decided to increase its value to those who are preparing to take the CAPM exam. In doing so, I have packaged the series into a full blown CAPM Prep program. The new and better series is the center of the site. Select here to learn more about the SensiblePM CAPM Prep Program.
What is covered in this Session?
During the podcast you will learn about the following Time Management Processes:
- Plan Schedule Management
- Define Activities
- Sequence Activities
- Estimate Activity Resources
- Estimate Activity Durations
- Develop Schedule
- Control Schedule
Additionally you will learn the following key concepts
Predecessors & Successors
The precedence diagramming method (PDM) is a technique used to build schedules using logical relationships including the concepts of predecessors and successors. PDM includes four types of relationships:
- Finish-to-start (FS)
- Finish-to-finish (FF)
- Start-to-start (SS)
- Start-to-finish (SF)
You will also learn about how activities can lead or lag with respect to a predecessor or successor.
You will also learn key methods used to estimate activities including the following techniques:
- Analogous estimating
- Parametric estimating
- Three-point estimating
- Reserve analysis
Some of the key scheduling techniques that were discussed are:
- Critical Path Method
- Critical Chain Method
- Schedule Crashing
- Schedule Fast Tracking
Resources mentioned in session
To learn more about Dependencies, Predecessors & Successors you can listen to Episode 2 of the SensiblePM 101 Podcast.
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