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Chapter 10: Monitoring and Controlling Change
PMP Study Guide Chapter 10: Monitoring and Controlling Change
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Chapter 10 Monitoring and Controlling Change
Managing Integrated Change Control Managing Cost Changes Monitoring and Controlling Schedule Changes Monitoring and Controlling Risk
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Managing Integrated Change Control
How change occurs Change control concerns Change control techniques Integrated Change Control outputs
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Change Control Concerns
Influencing the factors that cause change and reaching agreement on change requests Determining a change is needed or has happened Managing approved changes Updating requirements that impact project plan Documenting requested changes and their impacts
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Integrated Change Control
Configuration management Change control system Configuration control board
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Chapter 10 Monitoring and Controlling Change
Managing Integrated Change Control Managing Cost Changes Monitoring and Controlling Schedule Changes Monitoring and Controlling Risk
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Managing Cost Changes Performance Measurement Analysis
Earned value technique Planned Value (PV) = Budgeted Cost of Work Scheduled (BCWS) Actual Cost (AC) = Actual Cost of Work Performed (ACWP) Earned Value (EV) = Budgeted Cost of Work Performed (BCWP)
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Earned Value Figure 10.1
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Earned Value Formulas Cost Variance (CV) = EV – AC
Schedule Variance (SV) = EV – PV Performance Indexes Cost Performance Index (CPI ) = EV ÷ AC Cumulative CPIC = EVC ÷ ACC Schedule Performance Index (SPI) = EV ÷ PV Cumulative SPIC = EVC ÷ PVC
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Earned Value Formulas (cont.)
Estimate to Completion (ETC) ETC = (BAC – EVC ) ÷ CPIC ETC = BAC – EVC Estimate at Completion EAC = ACC + ETC EAC = ACC + ((BAC – EV) ÷ CPIC) EAC = ACC + BAC – EV Variance at Completion VAC = BAC – EAC
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Chapter 10 Monitoring and Controlling Change
Managing Integrated Change Control Managing Cost Changes Monitoring and Controlling Schedule Changes Monitoring and Controlling Risk
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Monitoring and Controlling Schedule Changes
Schedule control involves determining status of project schedule, if changes have occurred or should occur, and influencing and managing schedule changes
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Monitoring and Controlling Schedule Changes Tools and Techniques
Progress reporting Schedule change control system Performance measurement Variance analysis Project management software Schedule comparison charts
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Chapter 10 Monitoring and Controlling Change
Managing Integrated Change Control Managing Cost Changes Monitoring and Controlling Schedule Changes Monitoring and Controlling Risk
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Monitoring and Controlling Risk
Risk Monitoring and Control tools and techniques Risk reassessment Risk audits Variance and trend analysis Technical performance measurement Reserve analysis Status meetings
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Monitoring and Controlling Risk
Risk Monitoring and Control outputs Risk register updates Requested changes Recommended corrective actions Recommended preventive actions Organizational process asset updates Project management plan updates
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