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

Announcement

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. To kick this program off, I have created a Free Webinar “Preparing for the CAPM”. To sign up for the webinar, select the “Tell Me More” button in the graphic below.

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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.

Estimation methods

You will also learn key methods used to estimate activities including the following techniques:

  • Analogous estimating
  • Parametric estimating
  • Three-point estimating
  • Reserve analysis

Scheduling Techniques

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.

Share with your friends

If you are enjoying this series and it is helping you prepare for either the CAPM or PMP exam I would ask that you please share this with a coworker or friend. I am very interested in sharing this series with as many project managers as possible.

Thank you for sharing!

Comments

I would appreciate it if you would leave a comment below regarding your experience in preparing for either the CAPM or PMP exam. If you have tips for others on how to prepare for the test, I am sure others would appreciate the suggestions.

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