Project Planning Domain: Preparing Your Project for Success

TL;DR

Learn about project planning and gain insights on tools and techniques to ensure project success.

Transcript

well hello and uh welcome to the live stream it's june and uh i've just had a break and also uh project cat has not quite decided that uh he wants to help me raise my statistics but everyone knows that cat videos do far better than project management videos so let's see if we can get a double dose here this is actually technically my daughter's cat... Read More

Key Insights

• 💦 Project planning involves various elements such as work breakdown structures, deliverable specifications, and resource allocation.
• 📽️ Contingency planning is crucial for managing risks and uncertainties in project budgets.
• 💹 Stakeholder communication plans, gantt charts, and network charts play a vital role in effective project planning.
• 📽️ Transitioning from waterfall to agile requires understanding the agile principles and seeking guidance from experienced agile project managers.

Questions & Answers

Q: How do you calculate contingency in the cost breakdown structure?

Contingency can be calculated by evaluating the risk profiles of different work breakdown structure elements and allocating a proportion of contingency based on the level of risk. This can be done in consultation with stakeholders and project team members, considering factors such as project complexity and uncertainty.

Q: Should I pursue PMP certification after completing Prince2?

The decision to pursue PMP certification depends on your career goals and the specific job market you are targeting. PMP certification is recognized globally and may open up opportunities in certain industries or countries. Consider the costs and benefits of obtaining the certification and evaluate if it aligns with your professional aspirations.

Q: How do you deal with people who are not pulling their weight in a project?

Addressing individuals who are not contributing fully requires understanding the underlying reasons for their lack of productivity. This can involve open communication, identifying possible obstacles or challenges, providing necessary support or training, clarifying expectations, and taking appropriate measures to motivate team members. Each situation may require a tailored approach, but fostering an environment of accountability and clear communication is essential.

Summary & Key Takeaways

• The live stream session focused on project planning and the importance of the planning performance domain in Pinbox 7.

• Tips were shared on creating successful project plans, including the use of work breakdown structures, deliverable specifications, and resource allocation.

• Contingency planning was discussed as a vital component of the cost breakdown structure and budgeting process.

• The session also emphasized the significance of stakeholder communication plans, gantt charts, and network charts in effective project planning.