Tuesday, February 26, 2008

Key Points in Quality Control

Quality Control is used to measure specific project results against standards. Steps include:
  1. Measure specific project results again quality standards.
  2. Implement approved changes to the quality baseline.
  3. Identify quality improvement.
  4. Repair defects.
  5. Recommend changes, corrective and preventive actions and defect repair to Integrated Change Control.

Key Points in Quality Assurance

Quality Assurance is used to determine if the project is complying with organisational and project policies and processes. Steps include:
  1. Perform continuous improvements.
  2. Determine if project activities comply with organisational and project policies, processes and procedures - quality audit.
  3. Correct deficiencies.
  4. Identify improvements that the company needs to make.
  5. Recommend changes and corrective actions to integrated change control.

Key Points in Quality Planning

Key point in Quality Planning is to determine a plan for quality. This includes:

  1. Find existing quality standard for product and project management.
  2. Create additional project specific standards.
  3. Determine what work you will do to meet the standards.
  4. Determine how you will measureto make sure you meet the standards.
  5. Balance the needs of quality with scope, cost, time, risk and satisfaction.
  6. Create a quality management plan and add it to the project management plan.

A new Topic on Project Quality Management

I am going to start a new topics on Project Quality Management. For Project Quality Management, the following are the critical areas:

Perform Quality Planning
  • Identifying which quality standards are relevant to the project and determining how to satisfy them.

Perform Quality Assurance

  • Applying the planned, systematic quality activities to ensure that the project employs all processes needed to meet requirements.

Perform Quality Control

  • Monitoring specific project results to determine whether they comply with relevant quality standards and identifying ways to eliminate causes of unsatisfactory performance.

Friday, February 22, 2008

What is Earn Value Management (EVM)

Earn Value Management (EVM) is:
  • a methodology that measures project progress by comparing actual schedule and cost performance against planned performance as laid out in the schedule and cost baseline.

Variables in EVM:

  • EMV involves calculating three independent variables to assess and monitor project cost and schedule performance progress. Those variables are:
    - Planned Value (PV)
    - Earned Value (EV)
    - Actual Cost (AC)
  • These 3 variables are used to provide measures of whether or not work is being accomplished as planned and to forecast project cost at completion.

Suggested Study Materials

  • PMP-Preparation Recommended Books
  • PMP Exam Prep, Fifth Edition: Rita's Course in a Book for Passing the PMP Exam
  • A Guide to the Project Management Body of Knowledge, Third Edition (PMBOK Guides)
  • The PMP Exam: How to Pass On Your First Try (Test Prep series)