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PMP   


  1. The following are common tools and techniques for all the processes in the ProjectIntegration Management knowledge area:

·         Project Management Methodology

·         Expert Judgment (except Direct and Manage Project Execution)

·         PMIS

  1. After the Project management plan is developed, it is an input for all successive processes in the Project Integration Management knowledge area.
  1. Activity Attributes Updates is a common output for all the processes in the Project Time Management knowledge area except the first process where activity attributes are created.
  1. Requested Changes is a common output for all the processes in the Project Cost, Time, Quality & Scope Management knowledge area except the Activity Duration Estimating Process , Quality Planning and Scope Planning
  1. Tools and techniques used in Risk Identification:
  1.  
    1. BIRDS (Information Gathering techniques)
    2. CSI (Diagramming techniques)

B I R D S:

·         Brainstorming

·         Interviewing

·         Root cause identification

·         Delphi technique

·         SWOT Analysis

C S I:

·         Cause and Effect Analysis

·         System or Process Flow charts

·         Influence Diagrams

 PMP 

  1. Tools and techniques used in Quantitative Risk Analysis:
  1.  
    1. PIE (Data gathering and representation techniques)
    2. MEDS (Quantitative risk analysis and modeling)

P I E:

Probability Distributions 
Interviewing 
Expert Judgement

MEDS:

Modeling and Simulation (Eg Monte Carlo Analysis) 
EMV Analysis 
Decision tree analysis 
Sensitivity Analysis (Eg. Tornardo Diagram)

  1. Tools and techniques used in Risk Response Planning:

a. Strategies for Negative Risks / Threats:

ATM:

·         Avoid

·         Transfer

·         Mitigate

b. Strategies for Positive Risks / Threats:

SEE

·         Share

PMP 

·         Enhance

·         Exploit

  1. Tools and techniques used in Scope Definition:

APES

·         Alternatives Identification

·         Product Analysis

·         Expert Judgement

·         Stakeholder Analysis

  1. There is only one Tool & Technique for Risk Management Planning: Planning meetings and analysis.
  1. When the seller selection is based on PRICE, its often called a tender / BidPMP  / Quotation. When the seller selection is based on technical skills / approach, its called a proposal.