March Dinner Meeting Leadership: Al Calvi Speaker: Peter Mourfield

Agenda Networking Program  Welcome  Invocation and Pledge  New Members / PMPs / GPMP  Recognition Dinner & Q&A(table call) Annual Business Meeting Keynote Speaker Door Prizes 6:15 PM 6:45 PM 7:00 PM 7:30 PM 7:45 PM 8:45 PM

New Members/Certifications New Members Brian Coffey, PMPMegan Earle D’Andre ManigoVictor Chrjapin, PMP Anniversaries Dan Saccone, PMP10 Years Karen Lesko, PMP 5 Years Keith ‘Sid’ Sidley, PMP 5 Years James ‘Jim’ Turnbow, PMP 5 Years

Good Project Management Practice (GPMP) Recognition Coin  Recognition of a Good Practice Seek out an individual practicing a good PMBOK principle or practice Individual is rewarded on-the-spot with a coin  Pass it On Bring the recipient to the next dinner meeting as an honored guest Tell the story of the practice  Your Reward Receive another coin There is power in sharing your PM knowledge and interest with another Be an ambassador for this great profession Front Back

Chapter News Spring PMP Prep Class April 25, 2014  Registration is open through USC-Aiken  If interested, please contact Laura Anderson or (803) to  All classes are from 8:00 am to 5:15 pm for four consecutive Fridays, and will be held at the University of South Carolina-Aiken.  Cost of the course is $ Certified Scrum Master Training Follow-up PMI Augusta-Aiken Chapter LinkedIn account PMI Augusta-Aiken Chapter 2014 Charter Approved!!

Al Calvi, PMP President PMI-AA 2014 Business Meeting

Annual Business Meeting Requirements for Annual Meeting per Bylaws  Quorum requires 10% of membership in good standing, present, and in person.  Major achievements  Review previous years financial status  Present current years proposed budget  Status of membership and plans for growth  Chapter goals and objectives for current year

2013 Activities and Achievements  Future City Competition- USC Aiken  Region 14 Leadership Meeting hosted by Chapter  North American Global Congress New Orleans, LA  Only chapter in Region 14 to compete for Chapter of Year Award  Website improvements Annual Business Meeting

Membership  201 Members on roll as of January 1, 2013  204 Members on roll as of January 1, 2014 Improving Retention  Need honest feedback  Need everyone to take responsibility See a need (help identify what’s broken) Plant a seed (bring solutions to the table) Nurture growth (work the solution to resolve the problem) Enjoy the harvest (membership recognition, PDUs, retention improves) Annual Business Meeting

2014 Goals and Objectives  Quarterly newsletter  Charter renewal and tax filings  Develop and implement scorecard  Improve sponsor and member value  Develop philanthropic management plan  Planning for Professional Development Day (PDD)  Attend Region 14 Leadership Conference Atlanta, GA  Improve sharing and utilization of PMI resources with chapter members  Expand certification prep classes to include: CAPM, PMP, PgMp, and Agile Annual Business Meeting

Donnie Thaxton VP of Finance PMI-AA Financial Facts (2013 Year End Financial Review & 2014 Budget)

2013 Year End Financial Summary 2013 Income – Actual Income: Dinner Meeting Revenue $11,545 Membership Dues $4,080 Corporate Sponsorship $6,000 PMI Education Grant $1,000 PMP Training Classes – USC Aiken$8,313 Region 14 Leadership Conference (net)$2,501 Total Income$33,439 12

2013 Expenses - Actual Expenses Professional Development (Website Development and Hosting)$1,254 Dinner Meetings$14,655 Chapter Expenses (insurance, supplies, sponsorship expense)$550 Chapter Promotion (PMI Conferences & marketing)$7,381 Philanthropic (United Way, Future City, chapter scholarship)$500 Capital Equipment$0 Total Expenses$24,340 13

2013 Net Income Starting Balance, January, 2013 $32,284 Total Income (from page 2)$33,439 IN$65,723 OUT: Total Expenses (from page 3)$24,340 Expected Ending Balance, December 2013 $41,383 Actual Ending Balance, December 2013$41,387 Total Income (from page 2)$33,439 Total Expenses (from page 3)$24,340 NET INCOME$9,099 14

2013 Financial Review – Points of Interest  Incurred $3,110 loss on dinner meetings  Achieved $2,501 profit from Region 14 Leadership Conference primarily due to $14K in sponsorships  History of underspending compared to budget continued 15

2014 Proposed Budget Starting Balance, January, 2014$41,387 Income Dinner Meeting Revenue (Assuming 10 meetings, 45 people/meeting) $13,500 Membership Dues (Assuming ~195 $20/person) $4,000 Corporate Sponsorship$6,000 PMI Education Grant$1,000 PMP Training Class - USC Aiken$6,000 Total Income$30,500 Expenses Professional Development (Website and supplies)$1,604 Dinner Meetings$15,750 Chapter Expenses (includes insurance, supplies and sponsorship expenses) $2,305 Chapter Promotion (PMI Conferences and marketing)$12,200 Philanthropic (United Way, Future City, Scholarship, Community Outreach)$2,250 Publicity (Ads)$500 Capital Equipment$350 Total Expenses$34,959 Forecasted Net Income (Loss)($4,459) Expected Ending Balance, December 2014$36,928 16

PMP Q & A : 1 Which is the BEST definition for Cost of Quality? a) The total cost of inspection and defect repair. b) All external costs related to quality plus direct overhead costs required to administer. c) The costs related to product quality but not related to process quality. d) The total cost of quality efforts throughout the product life cycle.

PMP Q & A : 1 Which is the BEST definition for Cost of Quality? a) The total cost of inspection and defect repair. b) All external costs related to quality plus direct overhead costs required to administer. c) The costs related to product quality but not related to process quality. d) The total cost of quality efforts throughout the product life cycle. The definition of Cost of Quality is “the total cost of all efforts related to quality throughout the product life cycle. The other definitions may be true to varying degrees, but ‘D’ is right on the mark.

PMP Q & A : 2 Which of the following best describes the project plan? a) A formal, approved document used to guide project execution, control and closure. b) The aggregate of all work performed during planning. c) The work breakdown structure, schedule management plan, budget, cost management plan, and quality management plan. d) The document that outlines all of the work and only the work that must be performed on a project.

PMP Q & A : 2 Which of the following best describes the project plan? a) A formal, approved document used to guide project execution, control and closure. b) The aggregate of all work performed during planning. c) The work breakdown structure, schedule management plan, budget, cost management plan, and quality management plan. d) The document that outlines all of the work and only the work that must be performed on a project. The project plan is a formal document. It is created during planning, and is used to guide the execution processes, monitoring and control, and closure.

PMP Q & A : 3 Which of the following is NOT an output of Control Costs? a) Work performance measurements. b) Budget forecasts. c) Change requests. d) Earned value alerts.

PMP Q & A : 3 Which of the following is NOT an output of Control Costs? a) Work performance measurements. b) Budget forecasts. c) Change requests. d) Earned value alerts. Even though it may sound reasonable, there is no such thing as an output called an “Earned Value Alert”.