Project Management: Resources, EVM, Testing, and Team Development

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59 Terms

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What is project resource management

Making the most effective use of the human and physical resources involved with a project

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The key to managing and leading people

* influence and power

* effectiveness

*emotional intelligence

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Earned Value Management (EVM)

A project management technique that integrates scope, schedule, and cost to measure project performance and progress.

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Planned Value (PV)

The authorized budget assigned to scheduled work — what you planned to spend by a given time.

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Actual Cost (AC)

The actual cost incurred for the work completed during a specific time period.

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Earned Value (EV)

The value of the work actually performed; represents project progress in terms of cost and schedule.

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Budget at Completion (BAC)

The total budget allocated for the project when it is completed.

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Estimate at Completion (EAC)

The projected total cost of the project based on current performance.

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Schedule Variance (SV) Formula

SV = EV - PV → Measures schedule performance. (+) ahead of schedule, (-) behind schedule.

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Cost Variance (CV) Formula

CV = EV - AC → Measures cost efficiency. (+) under budget, (-) over budget.

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If EV < PV, what does that indicate?

The project is behind schedule.

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If EV > AC, what does that indicate?

The project is under budget.

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What does a positive variance mean in EVM?

Positive = Good (ahead of schedule / under budget).

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What does a negative variance mean in EVM?

Negative = Bad (behind schedule / over budget).

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SIT

Systems Integration Testing — tests how different modules or systems work together.

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UAT

User Acceptance Testing — ensures the system meets business and customer needs.

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BA

Business Analyst — bridges communication between business stakeholders and developers.

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BSA

Business Systems Analyst — focuses on technical translation of business requirements into system design.

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Unit Testing

Testing individual components or functions, usually performed by developers.

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Regression Testing

Re-testing after changes to ensure new code doesn't break existing functionality.

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Post-Production Testing

Testing performed after deployment to ensure the live system functions as intended.

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Typical Testing Flow

Dev → Test → Prod (Development, Testing, Production environments).

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Who participates in SIT?

Developers, BAs, and BSAs.

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Who participates in UAT?

Customers, BAs, and BSAs.

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Operations — Key Focus Areas

Automation, Deployment, QA People, Infrastructure.

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Frequent Release Characteristics

Fast, frequent changes but can cause incomplete information or frequent change requests.

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Automation

The use of scripts/tools to automatically test or deploy code, reducing manual effort.

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Deployment

Moving software from test or staging environments into production.

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QA People

Quality Assurance team members who ensure that software meets required standards.

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Infrastructure

The underlying hardware, networks, and cloud services (e.g., AWS) that support applications.

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EVM Chart — What does the y-axis represent?

Cost or budgeted value over time.

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EVM Chart — What does the x-axis represent?

Time or project duration.

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In EVM, when would EAC be ahead of schedule?

When earned value (EV) exceeds planned value (PV).

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What is the first type of project resource management?

Planning resource management

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What is the second type of project resource management?

Estimating activity resources

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What is the third type of project resource management?

Acquiring resources

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What is the fourth type of project resource management?

Developing the project team

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What is the fifth type of project resource management?

Managing the project team

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What is the sixth type of project resource management?

Controlling resources

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What is one way to have influence on projects through authority?

Legitimate hierarchical right to issue orders.

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How can assignment influence a worker's future work?

Ability to influence a worker's later work assignments.

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What role does budget play in influencing projects?

Ability to authorize others' use of discretionary funds.

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How can promotion influence a worker?

Ability to improve a worker's position.

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In what way can money influence a worker?

Ability to increase a worker's pay and benefits.

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What is the influence of penalty in project management?

Ability to cause punishment.

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How can work challenge influence a worker's engagement?

Ability to assign work that capitalizes on a worker's enjoyment of doing a particular task.

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What is the influence of expertise in project management?

Perceived special knowledge that others deem important.

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How does friendship influence project management?

Ability to establish friendly personal relationships between the project manager and others.

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Covey's seven habits to improve effectiveness on projects

• Be proactive

• Begin with the end in mind

• Put first things first

• Think win/win

• Seek first to understand, then to be understood

• Synergize

• Sharpen the saw

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The Tuckman model describes five stages of team development

• Forming

• Storming

• Norming

• Performing

• Adjourning

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What is a key aspect of good communication regarding needs?

Focus on group and individual communication needs.

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What types of methods should be used for communicating?

Use formal and informal methods for communicating.

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How should important information be distributed?

Distribute important information in an effective and timely manner.

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What should be set up when communicating bad news?

Set the stage for communicating bad news.

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What should be determined regarding communication?

Determine the number of communication channels.

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Communication Methods

• Interactive communication

• Push communication: information

• Pull communication

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Pull communication

information is sent to recipients at their request viawebsites, bulletin boards, e-learning, knowledge repositories like blogs,and other means

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Push communication

information is sent or pushed to recipients withouttheir request via reports, e-mails, faxes, voice mails, and other means

• Ensures that the information is distributed, but does not ensure that it was receivedor understood

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Interactive communication

two or more people interact to exchangeinformation via meetings, phone calls, or video conferencing• Most effective way to ensure common understanding