Browsing All Posts published on »September, 2009«

Certified Business Analysis Professional

September 30, 2009 by

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The Certified Business Analysis Professional (CBAP®) is one of the certifications for which TAPUniversity offers exam preparatory courses. The certification exam is primarily based on the Business Analysis Body of Knowledge (BABOK®). The BABOK is composed of six business analysis knowledge areas, business analyst competencies, and descriptions of common techniques. The International Institute of Business […]

Expected Monetary Value

September 29, 2009 by

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When dealing with risk, probabilities of different scenarios and the associated financial loss or gain can be calculated mathematically. An example of analyzing Expected Monetary Values is the decision tree, which is part of the PMBOK®’s Perform Quantitative Risk Analysis process. This can be applied to wide variety of project situations. For example, Carl is […]

Checklist Analysis and Assumptions Analysis for Risk

September 28, 2009 by

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Checklist Analysis and Assumptions Analysis are tools and techniques of the PMBOK®’s Identify Risk process. A Checklist Analysis can provide ideas for risks on a current project. These lists of risks can be from previous, similar projects; the lowest level of the Risk Breakdown Structure; or other sources. Care should be taken to also explore […]

Communication Methods and Models

September 25, 2009 by

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Communication Methods is a tool of the Plan Communications, Distribute Information, Report Performance, and Manage Stakeholders Expectations processes. (Which means that Communication Methods is a tool for all Communications processes except for the Identify Stakeholders process). Communication Methods fall into three broad categories: Interactive, Push, and Pull. Interactive Communication is the most effective form of […]

Histogram

September 24, 2009 by

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The histogram is graphical representation of data. It is a tool of the PMBOK®’s Perform Quality Control process, but can be used in any field where this type of data is to be displayed. The example here is from Carl’s Car Restoration business. For marketing purposes, he wanted to see what ages his customers were. […]

Configuration Management

September 23, 2009 by

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It can be assumed that there will be some changes, however minor, made to a project’s original plans. The PMBOK®’s Perform Integrated Change Control process handles change requests throughout a project. The Configuration Management System is a set of formal procedures that is indirectly an input into this process, but listed as a tool in […]

Phase-to-Phase Relationships

September 22, 2009 by

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A large project may be broken into specific phases, with each of these phases having specific deliverables. At the end of a phase, a Phase-End Review may occur, which formally concludes that phase, and if the project is deemed worthwhile to continue, authorizes the next phase to begin. There are three major phase-to-phase relationships described […]