title
PMP® Training Videos | PMP Certification Training Video | PMBOK 5th Edition Training | Simplilearn

description
🔥PMP® Certification Training Course: https://www.simplilearn.com/project-management/pmp-certification-training?utm_campaign=PMPTraining-1-P7fbsOJZM&utm_medium=DescriptionFF&utm_source=youtube This PMP® Training video will give an introduction to PMP® Certification Course offered by Simplilearn. This video will define PMI® and PMP® Certification along with PMP® exam requirements and describes PMP® exam outline and syllabus. 🔥Free Project Management Course: https://www.simplilearn.com/learn-project-management-fundamentals-skillup?utm_campaign=PMPTraining&utm_medium=Description&utm_source=youtube This PMP® Training video will explain: 1. What are PMI® and PMP® Certification 2. Guidelines to fill up PMP® Application 3. About PMP® Certification Exam 4. PMP® Certification Exam Syllabus 5. About Simplilearn's PMP® Certification Course Subscribe to Simplilearn channel for more Project Management Tutorial Videos (PMP®) - https://www.youtube.com/user/Simplilearn?sub_confirmation=1 Project Management (PMP®)Articles - https://www.simplilearn.com/resources/project-management?utm_campaign=PMP-Certification-Training-Videos-1-P7fbsOJZM&utm_medium=Tutorials&utm_source=youtube To gain in-depth knowledge of Project Management (PMP®) and other Project Management (PMP®) tools and techniques, check our PMP® Certification Training Course : https://www.simplilearn.com/project-management/pmp-certification-training?utm_campaign=PMP-Certification-Training-Videos-1-P7fbsOJZM&utm_medium=Tutorials&utm_source=youtube #PMP #Project Management #PMPTrainingVideos #PMPCertification #SimplilearnPMP #ProjectManagementTutorial ✅About Post Graduate Program In Project Management This project management certificate program will cover strategization and management - project, program, risk, quality, complexity management, customer-centric digital transformation, PMO implementation, and agile and scrum skills; and allow you to earn 146 Professional Development Units (PDUs) for maintaining CCR for PMI certifications. ✅Key features - Receive Post Graduate Program Certificate and Alumni Association Membership from UMass Amherst. - 8X higher live interaction in live online classes by industry experts. - Earn 146 PDUs for PMI related certifications with 35 contact hours and 4 simulation examinations to ace the PMP exam. - 100% Money back guarantee. - Live classes entirely delivered by Simplilearn's expert instructors. ✅Skills Covered - Project Management - Agile Management - Project Risk Management - Quality Management - Lean six sigma green belt LSSGB - Digital Transformation - Design Thinking - Customer experience design - Leadership Skills 👉Learn More At: https://www.simplilearn.com/pgp-project-management-certification-training-course?utm_campaign=PMPTraining-1-P7fbsOJZM&utm_medium=Description&utm_source=youtube 🔥🔥 Interested in Attending Live Classes? Call Us: IN - 18002127688 / US - +18445327688 🎓Enhance your expertise in the below technologies to secure lucrative, high-paying job opportunities: 🟡 AI & Machine Learning - https://l.linklyhq.com/l/1tMt8 🟢 Cyber Security - https://l.linklyhq.com/l/1tMt9 🔴 Data Analytics - https://l.linklyhq.com/l/1tMt1 🟠 Data Science - https://l.linklyhq.com/l/1tMt4 🔵 Cloud Computing - https://l.linklyhq.com/l/1tMtA

detail
{'title': 'PMP® Training Videos | PMP Certification Training Video | PMBOK 5th Edition Training | Simplilearn', 'heatmap': [{'end': 2369.756, 'start': 2316.605, 'weight': 1}], 'summary': 'This pmp certification training video covers the pmp certification process, exam details, project management fundamentals, integration, processes, and change control. it includes knowledge areas, process groups, and organizational structures.', 'chapters': [{'end': 511.061, 'segs': [{'end': 109.067, 'src': 'embed', 'start': 57.961, 'weight': 1, 'content': [{'end': 62.783, 'text': 'Therefore, if you are based in Singapore, you can look for a PMI chapter in Singapore.', 'start': 57.961, 'duration': 4.822}, {'end': 69.946, 'text': 'Such local chapters conduct regular knowledge sharing and networking sessions for people interested in project management.', 'start': 63.303, 'duration': 6.643}, {'end': 77.088, 'text': 'Project Management Professional, or PMP on the other hand, is one of the certifications awarded by PMI.', 'start': 70.286, 'duration': 6.802}, {'end': 81.29, 'text': 'It is a credential industry recognized and demanded worldwide.', 'start': 77.549, 'duration': 3.741}, {'end': 85.832, 'text': 'For many of the project management jobs, it is a mandatory qualification.', 'start': 81.75, 'duration': 4.082}, {'end': 89.073, 'text': 'PMP is not restricted to a specific domain.', 'start': 86.312, 'duration': 2.761}, {'end': 99.138, 'text': 'A project manager working in any industry, be it manufacturing, retail, defense or information technology, can write the PMP exam and,', 'start': 89.714, 'duration': 9.424}, {'end': 103.48, 'text': 'upon successful completion, can be a PMP certified professional.', 'start': 99.138, 'duration': 4.342}, {'end': 109.067, 'text': 'To sum up, PMI is an organization and PMP is a credential.', 'start': 103.861, 'duration': 5.206}], 'summary': 'Pmi offers pmp certification, mandatory for many project management jobs, with global recognition and applicability across industries.', 'duration': 51.106, 'max_score': 57.961, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/1-P7fbsOJZM/pics/1-P7fbsOJZM57961.jpg'}, {'end': 244.497, 'src': 'embed', 'start': 138.3, 'weight': 0, 'content': [{'end': 140.321, 'text': 'You can acquire PDUs in many ways.', 'start': 138.3, 'duration': 2.021}, {'end': 148.409, 'text': 'For example, if you attend a project management class of one hour by an expert, it is considered equivalent to one PDU.', 'start': 140.822, 'duration': 7.587}, {'end': 154.912, 'text': 'If you write a white paper on the topic related to project management, it may be equivalent to five PDUs.', 'start': 148.869, 'duration': 6.043}, {'end': 161.735, 'text': 'PMI has detailed guidelines on what kind of project management activity amounts to how many PDUs.', 'start': 155.312, 'duration': 6.423}, {'end': 167.277, 'text': 'You can look for the CCR Handbook on the PMI website for more details.', 'start': 162.435, 'duration': 4.842}, {'end': 174.861, 'text': 'Over a three-year period, one must have acquired 60 PDUs to be eligible to renew the PMP certification.', 'start': 167.978, 'duration': 6.883}, {'end': 182.74, 'text': 'After submitting the information about the acquisition of at least 60 PDUs in the last three-year period,', 'start': 175.876, 'duration': 6.864}, {'end': 187.744, 'text': 'you need to pay the renewal fee in order to renew the certification for another three years.', 'start': 182.74, 'duration': 5.004}, {'end': 194.288, 'text': 'This can be conveniently done online at www.pmi.org.', 'start': 188.424, 'duration': 5.864}, {'end': 197.47, 'text': 'PMI releases a guide every four years.', 'start': 195.208, 'duration': 2.262}, {'end': 203.441, 'text': "It's called PMBOK Guide, that is, a guide to the project management body of knowledge.", 'start': 198.197, 'duration': 5.244}, {'end': 207.464, 'text': 'PMBOK Guide acts as a textbook for the PMP exam.', 'start': 203.861, 'duration': 3.603}, {'end': 212.528, 'text': 'PMBOK Guide can be considered as a standard for project management profession.', 'start': 208.204, 'duration': 4.324}, {'end': 218.352, 'text': 'In the next screen, we will look into the application requirements for the PMP exam.', 'start': 213.528, 'duration': 4.824}, {'end': 225.92, 'text': 'PMI-PMP certificate is an experience as well as knowledge-based certification.', 'start': 219.855, 'duration': 6.065}, {'end': 232.046, 'text': 'This means certain prerequisites are to be met in order to be able to apply for this certification.', 'start': 226.381, 'duration': 5.665}, {'end': 235.789, 'text': "The prerequisites depend upon a person's formal education.", 'start': 232.706, 'duration': 3.083}, {'end': 244.497, 'text': "As shown in the table, a professional needs to have at least 4,500 hours of project management experience along with a bachelor's degree.", 'start': 236.249, 'duration': 8.248}], 'summary': "Acquire 60 pdus in 3 years to renew pmp certification, pmbok guide is essential for pmp exam, and 4,500 hours of project management experience is required with a bachelor's degree.", 'duration': 106.197, 'max_score': 138.3, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/1-P7fbsOJZM/pics/1-P7fbsOJZM138300.jpg'}, {'end': 301.105, 'src': 'embed', 'start': 271.691, 'weight': 6, 'content': [{'end': 277.655, 'text': '7,500 hours of leading and directing project tasks should have happened within the last eight years.', 'start': 271.691, 'duration': 5.964}, {'end': 288.062, 'text': 'Lastly, one also has to submit details of having attended 35 hours of project management training just before writing the PMP exam.', 'start': 278.115, 'duration': 9.947}, {'end': 292.183, 'text': 'REP stands for Registered Education Provider.', 'start': 288.682, 'duration': 3.501}, {'end': 301.105, 'text': 'PMI-REP Training Institute means these training companies are registered with PMI as a registered education provider.', 'start': 292.583, 'duration': 8.522}], 'summary': '8 years: 7,500 hours of project tasks, 35 hours of training before pmp exam', 'duration': 29.414, 'max_score': 271.691, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/1-P7fbsOJZM/pics/1-P7fbsOJZM271691.jpg'}, {'end': 354.937, 'src': 'embed', 'start': 327.622, 'weight': 7, 'content': [{'end': 331.324, 'text': 'PMI randomly audits some applications from time to time.', 'start': 327.622, 'duration': 3.702}, {'end': 339.809, 'text': 'In the event of the application being selected for audit, clear instructions will be given on the evidence that has to be physically submitted to PMI.', 'start': 331.764, 'duration': 8.045}, {'end': 345.052, 'text': 'Follow the instructions and send the evidence before authorization is given to proceed.', 'start': 340.349, 'duration': 4.703}, {'end': 350.174, 'text': 'Examination must be written within a year of receiving the authorization letter.', 'start': 345.772, 'duration': 4.402}, {'end': 354.937, 'text': 'For more details, refer to the PMP Handbook on PMI website.', 'start': 350.675, 'duration': 4.262}], 'summary': 'Pmi randomly audits applications, providing clear instructions for evidence submission and exam timeline.', 'duration': 27.315, 'max_score': 327.622, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/1-P7fbsOJZM/pics/1-P7fbsOJZM327622.jpg'}, {'end': 468.14, 'src': 'embed', 'start': 440.254, 'weight': 8, 'content': [{'end': 448.403, 'text': 'Now that you have a fair understanding on the filling process of PMP application, let us focus on PMP exam process in the next screen.', 'start': 440.254, 'duration': 8.149}, {'end': 453.597, 'text': 'PMP exam is conducted for four hours.', 'start': 450.896, 'duration': 2.701}, {'end': 462.979, 'text': 'It covers 200 questions, out of which 25 questions are considered as pre-test questions used for future tests and are not scored.', 'start': 454.017, 'duration': 8.962}, {'end': 465.999, 'text': 'You will not be communicated about these questions.', 'start': 463.599, 'duration': 2.4}, {'end': 468.14, 'text': 'They might be any random pick.', 'start': 466.459, 'duration': 1.681}], 'summary': 'Pmp exam is a 4-hour test with 200 questions; 25 are pre-test questions not scored.', 'duration': 27.886, 'max_score': 440.254, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/1-P7fbsOJZM/pics/1-P7fbsOJZM440254.jpg'}], 'start': 1.391, 'title': 'Pmp certification overview', 'summary': "Introduces the pmp certification course, including practice test alignment, application requirements, exam outline, and the significance of pmi and pmp certifications. it also covers the pmp certification process, prerequisites, and exam details, including the pmbok guide's release every four years and the structure of the four-hour 200-question exam.", 'chapters': [{'end': 187.744, 'start': 1.391, 'title': 'Introduction to pmp certification', 'summary': 'Introduces the pmp certification course, covering the alignment of practice tests with the new exam format, the application requirements, guidelines, exam outline, and syllabus, along with the significance of pmi and pmp certifications, including the renewal process and pdus.', 'duration': 186.353, 'highlights': ['The PMP certification is valid for three years and can be renewed for another three years after acquiring 60 PDUs over the initial period.', 'PMI offers a certification program for project practitioners worldwide and has local chapters that conduct regular knowledge sharing and networking sessions.', 'PMP is a widely recognized credential demanded in various industries, and it is not restricted to a specific domain.', 'Attending a project management class for one hour by an expert is equivalent to one PDU, and writing a white paper related to project management may be equivalent to five PDUs.', 'The PMP exam covers defining PMI and PMP, identifying application requirements, guidelines, and exam outline, and describing the significance of PMI and PMP certifications.']}, {'end': 511.061, 'start': 188.424, 'title': 'Pmp certification process', 'summary': 'Covers the pmp certification process, including the prerequisites, application requirements, and exam details. the pmbok guide is released every four years as a standard for project management profession, and the pmp exam is a four-hour test covering 200 questions, out of which 25 are pre-test questions.', 'duration': 322.637, 'highlights': ['The PMBOK Guide is released every four years and acts as a textbook for the PMP exam. The PMBOK Guide is a key resource for PMP exam preparation and is updated every four years.', "PMP applicants need to have at least 4,500 hours of project management experience along with a bachelor's degree. The prerequisites for PMP certification include a minimum of 4,500 hours of project management experience for applicants with a bachelor's degree.", 'Applicants are required to attend 35 hours of project management training before writing the PMP exam. Potential PMP exam takers must complete 35 hours of project management training as part of the application process.', 'PMI releases an authorization letter after the exam fee is paid, and the exam must be written within a year of receiving the letter. PMI issues an authorization letter upon payment of the exam fee, and candidates must take the exam within a year of receiving the letter.', 'PMP exam consists of 200 questions, including 25 pre-test questions, and all questions are multiple choice with one correct answer. The PMP exam comprises 200 multiple-choice questions, including 25 pre-test questions, and candidates must answer all 200 questions in the given time.']}], 'duration': 509.67, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/1-P7fbsOJZM/pics/1-P7fbsOJZM1391.jpg', 'highlights': ['PMP certification is valid for 3 years, renewable after acquiring 60 PDUs.', 'PMI offers a certification program for project practitioners worldwide.', 'PMP is a widely recognized credential demanded in various industries.', 'Attending a project management class for one hour by an expert is equivalent to one PDU.', 'The PMBOK Guide is released every 4 years and is a key resource for PMP exam preparation.', "PMP applicants need at least 4,500 hours of project management experience and a bachelor's degree.", 'Applicants are required to attend 35 hours of project management training before writing the PMP exam.', 'PMI releases an authorization letter after the exam fee is paid.', 'PMP exam consists of 200 questions, including 25 pre-test questions.']}, {'end': 772.053, 'segs': [{'end': 590.775, 'src': 'embed', 'start': 511.65, 'weight': 0, 'content': [{'end': 518.335, 'text': 'PMI grades students on each of the five process groups and based on the grading, they declare PMP pass or fail.', 'start': 511.65, 'duration': 6.685}, {'end': 522.519, 'text': 'The grades are not disclosed to everyone, rather a rating is given.', 'start': 518.676, 'duration': 3.843}, {'end': 529.844, 'text': 'They are below proficient, proficient, and moderately proficient in each of the five process groups.', 'start': 523.019, 'duration': 6.825}, {'end': 533.928, 'text': 'The percentage of questions from each of these aspects is listed on the table.', 'start': 530.225, 'duration': 3.703}, {'end': 538.57, 'text': 'The result, pass or fail, is determined by a combination of these grades.', 'start': 534.488, 'duration': 4.082}, {'end': 545.253, 'text': 'How many grades or number of points one has to score to pass the PMP exam is not made public by PMI.', 'start': 539.05, 'duration': 6.203}, {'end': 550.576, 'text': 'The questions in PMP exam are related to various aspects of project management.', 'start': 545.753, 'duration': 4.823}, {'end': 557.659, 'text': 'These aspects are project initiation, planning, executing, monitoring and controlling, and closing.', 'start': 550.996, 'duration': 6.663}, {'end': 561.526, 'text': 'We call these aspects as process groups.', 'start': 558.345, 'duration': 3.181}, {'end': 567.628, 'text': 'For more details, please refer to the PMP examination content outline on the PMI website.', 'start': 562.006, 'duration': 5.622}, {'end': 571.269, 'text': 'Let us next discuss the PMP exam syllabus.', 'start': 568.428, 'duration': 2.841}, {'end': 578.911, 'text': 'There are five process groups, 10 knowledge areas, and 47 project management processes.', 'start': 572.689, 'duration': 6.222}, {'end': 587.133, 'text': 'To understand the syllabus, you need to understand the following terms, process groups, knowledge areas, and processes.', 'start': 579.571, 'duration': 7.562}, {'end': 590.775, 'text': 'let us first discuss process group.', 'start': 587.893, 'duration': 2.882}], 'summary': 'Pmi grades pmp exam based on 5 process groups, with pass or fail determined by combination of grades.', 'duration': 79.125, 'max_score': 511.65, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/1-P7fbsOJZM/pics/1-P7fbsOJZM511650.jpg'}, {'end': 677.947, 'src': 'embed', 'start': 641.296, 'weight': 3, 'content': [{'end': 644.399, 'text': "Next, let's see what knowledge area is.", 'start': 641.296, 'duration': 3.103}, {'end': 648.021, 'text': 'As per PMBOK guide, there are 10 knowledge areas.', 'start': 644.979, 'duration': 3.042}, {'end': 654.126, 'text': 'A knowledge area is a set of specific processes performed to meet a project objective.', 'start': 648.502, 'duration': 5.624}, {'end': 656.167, 'text': 'Let us now consider processes.', 'start': 654.505, 'duration': 1.662}, {'end': 658.771, 'text': 'There are 47 processes.', 'start': 656.708, 'duration': 2.063}, {'end': 668.063, 'text': 'These processes might be accomplished in the project planning process group and few others in project monitoring and controlling process group.', 'start': 659.271, 'duration': 8.792}, {'end': 677.947, 'text': 'For example, Develop Schedule, one of the processes, is a part of the Planning Process Group and the Project Time Management Knowledge Area.', 'start': 668.464, 'duration': 9.483}], 'summary': 'Pmbok guide defines 10 knowledge areas and 47 processes for project management.', 'duration': 36.651, 'max_score': 641.296, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/1-P7fbsOJZM/pics/1-P7fbsOJZM641296.jpg'}, {'end': 753.638, 'src': 'embed', 'start': 725.476, 'weight': 4, 'content': [{'end': 729.519, 'text': 'The ten knowledge areas are covered in Lesson 4 to 13.', 'start': 725.476, 'duration': 4.043}, {'end': 732.121, 'text': 'Each lesson is dedicated to each of these ten areas.', 'start': 729.519, 'duration': 2.602}, {'end': 737.13, 'text': 'Lesson 14 revises the same processes from a process group perspective.', 'start': 732.748, 'duration': 4.382}, {'end': 744.854, 'text': 'This will help clarify the sequence in which some of the activities are carried out and understand these processes more holistically.', 'start': 737.55, 'duration': 7.304}, {'end': 753.638, 'text': 'In addition to the five process groups and ten knowledge areas, PMI gives weightage to professional and social responsibility,', 'start': 745.334, 'duration': 8.304}], 'summary': 'Lesson 4 to 13 cover ten knowledge areas, while lesson 14 revises processes from a process group perspective.', 'duration': 28.162, 'max_score': 725.476, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/1-P7fbsOJZM/pics/1-P7fbsOJZM725476.jpg'}], 'start': 511.65, 'title': 'Pmp exam grading and certification course', 'summary': 'Discusses how pmi grades pmp exam takers based on the five process groups, and the pmp exam syllabus includes five process groups, 10 knowledge areas, and 47 project management processes. it also introduces the pmp certification course, explaining the 10 knowledge areas, 47 processes, and 15 lessons, along with their respective focus and objectives.', 'chapters': [{'end': 640.796, 'start': 511.65, 'title': 'Pmp exam grading and process groups', 'summary': 'Discusses how pmi grades pmp exam takers based on the five process groups and the combination of grades determines the pass or fail result, with the specific grading criteria not disclosed, and the pmp exam syllabus includes five process groups, 10 knowledge areas, and 47 project management processes.', 'duration': 129.146, 'highlights': ['PMI grades students on each of the five process groups and based on the grading, they declare PMP pass or fail. PMI assesses students on the five process groups and determines their PMP pass or fail based on the grading.', 'The result, pass or fail, is determined by a combination of these grades. Pass or fail in the PMP exam is determined by a combination of the grades in the five process groups.', 'The specific grading criteria or number of points required to pass the PMP exam is not made public by PMI. PMI does not disclose the specific grading criteria or number of points required to pass the PMP exam.', 'The PMP exam syllabus includes five process groups, 10 knowledge areas, and 47 project management processes. The PMP exam syllabus comprises five process groups, 10 knowledge areas, and 47 project management processes.']}, {'end': 772.053, 'start': 641.296, 'title': 'Understanding pmp certification course', 'summary': 'Introduces the pmp certification course, explaining the 10 knowledge areas, 47 processes, and 15 lessons, along with their respective focus and objectives.', 'duration': 130.757, 'highlights': ['There are 10 knowledge areas and 47 processes in the PMP framework. The PMBOK guide outlines 10 knowledge areas and 47 processes, crucial for understanding project management.', 'Lesson 14 revises the processes from a process group perspective to clarify the sequence of activities. Lesson 14 provides a comprehensive review of processes from a process group perspective, aiding in understanding the sequence of activities in project management.', 'PMI emphasizes professional and social responsibility in addition to the process groups and knowledge areas. In addition to the process groups and knowledge areas, PMI gives importance to professional and social responsibility, which is covered in dedicated lessons.']}], 'duration': 260.403, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/1-P7fbsOJZM/pics/1-P7fbsOJZM511650.jpg', 'highlights': ['PMI grades students on each of the five process groups and declares PMP pass or fail based on the grading.', 'The result, pass or fail, is determined by a combination of these grades.', 'The PMP exam syllabus includes five process groups, 10 knowledge areas, and 47 project management processes.', 'The PMBOK guide outlines 10 knowledge areas and 47 processes, crucial for understanding project management.', 'Lesson 14 provides a comprehensive review of processes from a process group perspective, aiding in understanding the sequence of activities in project management.']}, {'end': 1581.948, 'segs': [{'end': 900.183, 'src': 'embed', 'start': 847.881, 'weight': 0, 'content': [{'end': 850.323, 'text': 'First, it is temporary in nature.', 'start': 847.881, 'duration': 2.442}, {'end': 853.705, 'text': 'Temporary here does not mean short in duration.', 'start': 851.103, 'duration': 2.602}, {'end': 858.208, 'text': 'A project can extend for long duration based on the requirements.', 'start': 854.326, 'duration': 3.882}, {'end': 863.152, 'text': 'For example, creating a new indigenous missile defense system for a country.', 'start': 858.529, 'duration': 4.623}, {'end': 868.916, 'text': 'However, there is always a definite planned start and end date for a project.', 'start': 863.853, 'duration': 5.063}, {'end': 870.838, 'text': 'It cannot go on indefinitely.', 'start': 869.377, 'duration': 1.461}, {'end': 876.017, 'text': 'Secondly, the project is supposed to produce a unique output.', 'start': 872.296, 'duration': 3.721}, {'end': 880.058, 'text': 'The output could be a product, service, or result.', 'start': 876.757, 'duration': 3.301}, {'end': 887.66, 'text': 'There can be many common activities between two projects, but the outcome of each project should be unique in some way or the other.', 'start': 880.778, 'duration': 6.882}, {'end': 891.481, 'text': 'Now, let us look at what marks the end of a project.', 'start': 888.58, 'duration': 2.901}, {'end': 900.183, 'text': 'A project ends when either the objectives are met or the project is terminated because the objectives will not or cannot be met.', 'start': 892.141, 'duration': 8.042}], 'summary': 'Projects are temporary, with unique outputs, and end when objectives are met or terminated.', 'duration': 52.302, 'max_score': 847.881, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/1-P7fbsOJZM/pics/1-P7fbsOJZM847881.jpg'}, {'end': 993.192, 'src': 'embed', 'start': 969.917, 'weight': 1, 'content': [{'end': 978.402, 'text': 'project management is the application of knowledge, skills and tools and techniques applied to project activities to meet the project requirements.', 'start': 969.917, 'duration': 8.485}, {'end': 985.447, 'text': 'Project management is achieved by proper application and integration of the 47 processes.', 'start': 979.043, 'duration': 6.404}, {'end': 993.192, 'text': 'Project application and integration means these processes should be executed in the right manner as well as in the right order.', 'start': 985.987, 'duration': 7.205}], 'summary': 'Project management involves 47 processes executed in the right manner and order.', 'duration': 23.275, 'max_score': 969.917, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/1-P7fbsOJZM/pics/1-P7fbsOJZM969917.jpg'}, {'end': 1201.437, 'src': 'embed', 'start': 1169.653, 'weight': 2, 'content': [{'end': 1174.436, 'text': 'Portfolio management is the centralized management of one or more portfolios.', 'start': 1169.653, 'duration': 4.783}, {'end': 1181.32, 'text': 'This includes identifying, prioritizing, authorizing, managing and controlling projects,', 'start': 1175.036, 'duration': 6.284}, {'end': 1185.702, 'text': 'programs and other related work to achieve strategic business objectives.', 'start': 1181.32, 'duration': 4.382}, {'end': 1194.628, 'text': 'Therefore, whether the company should have Japanese projects as portfolio or not is decided by portfolio management.', 'start': 1186.723, 'duration': 7.905}, {'end': 1201.437, 'text': 'In the next screen, let us understand the relationship between portfolios, programs, and projects.', 'start': 1195.43, 'duration': 6.007}], 'summary': 'Portfolio management oversees projects to achieve business objectives, including deciding on japanese projects.', 'duration': 31.784, 'max_score': 1169.653, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/1-P7fbsOJZM/pics/1-P7fbsOJZM1169653.jpg'}, {'end': 1396.367, 'src': 'embed', 'start': 1364.929, 'weight': 3, 'content': [{'end': 1371.164, 'text': 'For example, If the project duration increases, it would lead to increase in the project cost as well.', 'start': 1364.929, 'duration': 6.235}, {'end': 1379.546, 'text': 'Triple constraint is a term that originally referred to the three competing project constraints within which the projects are performed.', 'start': 1371.964, 'duration': 7.582}, {'end': 1383.888, 'text': 'These constraints are cost, time, and scope.', 'start': 1380.306, 'duration': 3.582}, {'end': 1388.189, 'text': 'Quality is a primary concern for a project manager.', 'start': 1384.828, 'duration': 3.361}, {'end': 1396.367, 'text': 'Therefore, the project manager has to make trade-offs to keep the scope, cost, time, quality plane in balance.', 'start': 1389.266, 'duration': 7.101}], 'summary': 'Project constraints (cost, time, scope) affect project outcomes and require trade-offs for quality balance.', 'duration': 31.438, 'max_score': 1364.929, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/1-P7fbsOJZM/pics/1-P7fbsOJZM1364929.jpg'}], 'start': 772.573, 'title': 'Project management fundamentals and project, program, and portfolio management', 'summary': 'Covers project objectives, characteristics, and termination, emphasizing the importance of distinguishing project work from regular operational work. it also introduces project, program, and portfolio management concepts, explaining their differences and relevance in achieving strategic business objectives, along with the roles of pmo, triple constraints, and stakeholder management.', 'chapters': [{'end': 919.778, 'start': 772.573, 'title': 'Project management fundamentals', 'summary': 'Covers the objectives, characteristics, and termination of a project, including the definition, temporary nature, unique output, and termination criteria, emphasizing the importance of distinguishing project work from regular operational work.', 'duration': 147.205, 'highlights': ['A project ends when either the objectives are met or the project is terminated because the objectives will not or cannot be met. Emphasizes the termination criteria for a project, stating that it ends when objectives are met or cannot be met.', 'The project is supposed to produce a unique output. Defines the characteristic of a project, emphasizing the requirement to produce a unique output.', 'Temporary here does not mean short in duration. A project can extend for long duration based on the requirements. Clarifies that the temporary nature of a project does not necessarily refer to short duration, providing an example of a long-duration project.']}, {'end': 1581.948, 'start': 919.778, 'title': 'Project, program, and portfolio management', 'summary': 'Introduces the concepts of project, program, and portfolio management, emphasizing the differences between them and their relevance in achieving strategic business objectives. it also explains the roles of project management office (pmo), the triple constraints, and stakeholder management in project management.', 'duration': 662.17, 'highlights': ['Project management is achieved by proper application and integration of the 47 processes as defined in the PMBOK guide. Project management involves the application and integration of 47 processes as defined in the PMBOK guide, to meet project requirements.', 'A program is designed to deliver strategic benefits value to the organization, which can be tangible or intangible. Programs aim to deliver strategic benefits, including tangible (e.g., increased profit margins, operational cost savings) and intangible benefits (e.g., improved team morale, building competencies).', 'Portfolio management involves identifying, prioritizing, authorizing, managing, and controlling projects, programs, and other related work to achieve strategic business objectives. Portfolio management entails centralizing the management of projects, programs, and related work to achieve strategic business objectives through identification, prioritization, authorization, and control.', 'Project Management Office (PMO) performs primary roles such as providing policies, methodologies, tools, and templates for managing projects within the organization, offering support and training, and providing project managers for ongoing projects. The PMO plays essential roles, including providing support, training, and project management resources, and maintaining project management knowledge base within the organization.', 'The triple constraint in project management refers to the competing constraints of cost, time, and scope, which need to be balanced to achieve quality. The triple constraint (cost, time, and scope) requires trade-offs to maintain quality, and project managers need to manage other aspects such as people, stakeholders, risks, communication, and procurements to achieve balance.', 'Stakeholder management involves identifying internal and external stakeholders, determining their requirements and expectations, and ensuring clear communication with them throughout the project. Stakeholder management includes identifying, determining requirements and expectations, and ensuring clear communication with internal and external stakeholders throughout the project to avoid potential risks.']}], 'duration': 809.375, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/1-P7fbsOJZM/pics/1-P7fbsOJZM772573.jpg', 'highlights': ['A project ends when either the objectives are met or the project is terminated because the objectives will not or cannot be met. Emphasizes the termination criteria for a project, stating that it ends when objectives are met or cannot be met.', 'Project management is achieved by proper application and integration of the 47 processes as defined in the PMBOK guide. Project management involves the application and integration of 47 processes as defined in the PMBOK guide, to meet project requirements.', 'Portfolio management involves identifying, prioritizing, authorizing, managing, and controlling projects, programs, and other related work to achieve strategic business objectives. Portfolio management entails centralizing the management of projects, programs, and related work to achieve strategic business objectives through identification, prioritization, authorization, and control.', 'The triple constraint in project management refers to the competing constraints of cost, time, and scope, which need to be balanced to achieve quality. The triple constraint (cost, time, and scope) requires trade-offs to maintain quality, and project managers need to manage other aspects such as people, stakeholders, risks, communication, and procurements to achieve balance.', 'The project is supposed to produce a unique output. Defines the characteristic of a project, emphasizing the requirement to produce a unique output.']}, {'end': 2405.697, 'segs': [{'end': 1625.221, 'src': 'embed', 'start': 1581.948, 'weight': 1, 'content': [{'end': 1587.189, 'text': 'should focus on communicating them regularly to keep stakeholders involved in the project.', 'start': 1581.948, 'duration': 5.241}, {'end': 1595.341, 'text': 'Once you understand the practices of stakeholder management, it will be easier for you to answer scenario-based questions in the examination.', 'start': 1587.819, 'duration': 7.522}, {'end': 1599.863, 'text': 'In the next screen, let us look at the various organization structure.', 'start': 1596.022, 'duration': 3.841}, {'end': 1607.445, 'text': 'Projects are performed in an organization and the functioning of the organization might affect the project.', 'start': 1601.703, 'duration': 5.742}, {'end': 1616.228, 'text': 'The different organization structure types explained here are based on the level of authority that a project manager gets into in those organizations.', 'start': 1608.185, 'duration': 8.043}, {'end': 1625.221, 'text': 'In a functional type of organization, the organization is grouped by the area of specialization within different functional areas.', 'start': 1617.256, 'duration': 7.965}], 'summary': 'Regular communication with stakeholders is key. understanding stakeholder management aids in answering scenario-based questions. different organization structures impact project functioning.', 'duration': 43.273, 'max_score': 1581.948, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/1-P7fbsOJZM/pics/1-P7fbsOJZM1581948.jpg'}, {'end': 1925.957, 'src': 'embed', 'start': 1896.34, 'weight': 3, 'content': [{'end': 1900.901, 'text': 'The project managers have complete control over the resources working on their projects.', 'start': 1896.34, 'duration': 4.561}, {'end': 1910.524, 'text': 'The biggest advantage of the projectized organization is that the resources have loyalty to their projects and project execution becomes easier.', 'start': 1901.782, 'duration': 8.742}, {'end': 1916.825, 'text': 'This kind of structure is suitable for organizations whose work is in the nature of projects.', 'start': 1911.524, 'duration': 5.301}, {'end': 1920.813, 'text': 'There are few disadvantages in this structure as well.', 'start': 1917.731, 'duration': 3.082}, {'end': 1925.957, 'text': 'Firstly, the role of the resource is over once the project is completed.', 'start': 1922.114, 'duration': 3.843}], 'summary': "Projectized organization offers loyalty and control over resources, but resources' roles end after project completion.", 'duration': 29.617, 'max_score': 1896.34, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/1-P7fbsOJZM/pics/1-P7fbsOJZM1896340.jpg'}, {'end': 2051.833, 'src': 'embed', 'start': 2019.891, 'weight': 0, 'content': [{'end': 2025.097, 'text': 'while preserving the capacity of the project managers to get projects executed efficiently.', 'start': 2019.891, 'duration': 5.206}, {'end': 2034.528, 'text': 'Resources can specialize in their functions and have stability in their careers, also contribute to the projects at the same time potentially.', 'start': 2025.898, 'duration': 8.63}, {'end': 2041.623, 'text': 'The disadvantage of matrix organization is that the communication overhead increases significantly.', 'start': 2035.336, 'duration': 6.287}, {'end': 2051.833, 'text': 'This is because every resource in the organization belongs into a project and into a function, leading to a dual reporting structure.', 'start': 2042.343, 'duration': 9.49}], 'summary': 'Matrix organization allows resources to specialize and potentially contribute to projects, but increases communication overhead significantly.', 'duration': 31.942, 'max_score': 2019.891, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/1-P7fbsOJZM/pics/1-P7fbsOJZM2019891.jpg'}, {'end': 2287.811, 'src': 'embed', 'start': 2260.963, 'weight': 4, 'content': [{'end': 2265.989, 'text': 'Each phase represents a discrete unit of work required to be done on the project.', 'start': 2260.963, 'duration': 5.026}, {'end': 2269.834, 'text': 'There are different ways of classifying project life cycles.', 'start': 2266.69, 'duration': 3.144}, {'end': 2274.8, 'text': 'Let us first discuss the sequential versus overlapping life cycle.', 'start': 2270.515, 'duration': 4.285}, {'end': 2284.45, 'text': 'In sequential phases, the subsequent phase starts only after the previous phase has been completed, whereas in overlapping phases,', 'start': 2275.706, 'duration': 8.744}, {'end': 2287.811, 'text': 'two or more phases may run in parallel for some time.', 'start': 2284.45, 'duration': 3.361}], 'summary': 'Project life cycles can be sequential or overlapping, affecting work units.', 'duration': 26.848, 'max_score': 2260.963, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/1-P7fbsOJZM/pics/1-P7fbsOJZM2260963.jpg'}, {'end': 2369.756, 'src': 'heatmap', 'start': 2316.605, 'weight': 1, 'content': [{'end': 2326.833, 'text': 'They are suitable for large projects where all the requirements are likely to be known in advance and where upfront planning effort is required to get the necessary approvals.', 'start': 2316.605, 'duration': 10.228}, {'end': 2337.183, 'text': 'Another feature of predictive life cycles is that each phase may potentially be different in the nature of activities and may require people with different skill sets.', 'start': 2327.734, 'duration': 9.449}, {'end': 2347.252, 'text': 'For example, traditional software development life cycle has phases like requirements feasibility, planning, design, construction,', 'start': 2337.723, 'duration': 9.529}, {'end': 2348.854, 'text': 'testing and transition.', 'start': 2347.252, 'duration': 1.602}, {'end': 2352.577, 'text': 'We will continue project life cycles in the next screen.', 'start': 2349.654, 'duration': 2.923}, {'end': 2360.41, 'text': 'Incremental and iterative life cycles have a short upfront high-level definition and planning phase.', 'start': 2354.167, 'duration': 6.243}, {'end': 2369.756, 'text': 'The product is then developed through a series of iterations, where iteration increments or adds to the functionality by a little.', 'start': 2361.131, 'duration': 8.625}], 'summary': 'Predictive life cycles are suitable for large projects with known requirements, while incremental and iterative life cycles involve short upfront planning and development through iterations.', 'duration': 53.151, 'max_score': 2316.605, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/1-P7fbsOJZM/pics/1-P7fbsOJZM2316605.jpg'}], 'start': 1581.948, 'title': 'Project management structures', 'summary': "Emphasizes stakeholder management's importance and provides an overview of functional, projectized, and matrix organizations, with a focus on matrix organization types. it also discusses project and product lifecycles, highlighting organizational structure differences and various project life cycles.", 'chapters': [{'end': 1773.3, 'start': 1581.948, 'title': 'Stakeholder management and organization structures', 'summary': 'Emphasizes the importance of stakeholder management in project success and provides a detailed overview of different organization structures including functional, projectized, and matrix organizations, with an emphasis on the matrix organization types and their characteristics.', 'duration': 191.352, 'highlights': ['The chapter emphasizes the importance of stakeholder management in project success. Project success', 'Provides a detailed overview of different organization structures including functional, projectized, and matrix organizations. Different organization structures', 'Explains the characteristics of functional, projectized, and matrix organizations, with an emphasis on the matrix organization types and their authorities. Characteristics of organization structures']}, {'end': 2405.697, 'start': 1773.841, 'title': 'Organizational structures and project lifecycles', 'summary': 'Discusses functional, projectized, and matrix organizational structures, highlighting their advantages and disadvantages, as well as the differences between project and product lifecycles. it also covers different project life cycles, including sequential versus overlapping, predictive, incremental, and iterative life cycles.', 'duration': 631.856, 'highlights': ['The projectized organization has all the resources aligned around projects, giving project managers complete control over the resources, leading to easier project execution. This kind of structure is suitable for organizations whose work is in the nature of projects.', 'In a functional organization, resources are grouped by functions and report directly into their functions, providing an opportunity for specialization. However, project work is hampered as department work is given higher priority.', 'The matrix organization allows for better coordination and maximum resource utilization, but it also leads to higher potential for conflict among managers and communication complexity.', 'The product lifecycle encompasses the operational and maintenance phases and can require or spawn many projects over its life, whereas the project lifecycle spans the initiation of a project until its closure, varying based on the industry and organization.', 'Project life cycles can be classified as sequential versus overlapping, and predictive, incremental, and iterative life cycles, each with distinct planning approaches and suitability for different project requirements and industries.']}], 'duration': 823.749, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/1-P7fbsOJZM/pics/1-P7fbsOJZM1581948.jpg', 'highlights': ['The matrix organization allows for better coordination and maximum resource utilization, but it also leads to higher potential for conflict among managers and communication complexity.', 'The chapter emphasizes the importance of stakeholder management in project success.', 'Provides a detailed overview of different organization structures including functional, projectized, and matrix organizations.', 'The projectized organization has all the resources aligned around projects, giving project managers complete control over the resources, leading to easier project execution.', 'Project life cycles can be classified as sequential versus overlapping, and predictive, incremental, and iterative life cycles, each with distinct planning approaches and suitability for different project requirements and industries.']}, {'end': 3241.948, 'segs': [{'end': 2483.873, 'src': 'embed', 'start': 2406.737, 'weight': 0, 'content': [{'end': 2415.579, 'text': 'Project management is the application of knowledge, skills, and tools and techniques applied to project activities to meet the project requirements.', 'start': 2406.737, 'duration': 8.842}, {'end': 2423.18, 'text': 'PMO provides the policies, methodologies, and tools and templates for managing projects within the organization.', 'start': 2416.599, 'duration': 6.581}, {'end': 2430.822, 'text': 'Project manager has to integrate various project aspects like the people, stakeholders, risks,', 'start': 2424.14, 'duration': 6.682}, {'end': 2437.136, 'text': 'communication and procurements with the project constraints, time, scope, cost and quality.', 'start': 2430.822, 'duration': 6.314}, {'end': 2441.656, 'text': 'Identifying internal and external stakeholders,', 'start': 2438.216, 'duration': 3.44}, {'end': 2448.458, 'text': 'determining their requirements and communicating with them regularly is an important role of a project manager.', 'start': 2441.656, 'duration': 6.802}, {'end': 2458.239, 'text': 'Functional, projectized, and matrix are the three types of organization structures based on the level of authority given to the project manager.', 'start': 2449.378, 'duration': 8.861}, {'end': 2464.246, 'text': 'Project lifecycle spans the initiation of a project until the closure,', 'start': 2459.119, 'duration': 5.127}, {'end': 2471.468, 'text': 'while product lifecycle also encompasses the operational and maintenance phases.', 'start': 2464.246, 'duration': 7.222}, {'end': 2477.07, 'text': 'hello and welcome to PMP certification course offered by simply learn.', 'start': 2471.468, 'duration': 5.602}, {'end': 2481.772, 'text': 'in this lesson, we will focus on project management processes.', 'start': 2477.07, 'duration': 4.702}, {'end': 2483.873, 'text': "let's begin with the objectives of this lesson.", 'start': 2481.772, 'duration': 2.101}], 'summary': 'Project management involves integrating various aspects to meet project requirements. pmo provides policies, methodologies, and tools for managing projects.', 'duration': 77.136, 'max_score': 2406.737, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/1-P7fbsOJZM/pics/1-P7fbsOJZM2406737.jpg'}, {'end': 2643.942, 'src': 'embed', 'start': 2615.107, 'weight': 6, 'content': [{'end': 2619.888, 'text': 'monitoring and controlling process group and closing process group.', 'start': 2615.107, 'duration': 4.781}, {'end': 2625.17, 'text': 'The initiating process happens at the beginning of the project or a phase.', 'start': 2620.949, 'duration': 4.221}, {'end': 2630.117, 'text': 'The planning, executing, and monitoring and controlling processes go together.', 'start': 2625.816, 'duration': 4.301}, {'end': 2636.359, 'text': 'Therefore, you plan, execute, and replan based on the execution result.', 'start': 2630.838, 'duration': 5.521}, {'end': 2643.942, 'text': 'The project closing processes are performed when the project work or a phase within the project is completed.', 'start': 2637.5, 'duration': 6.442}], 'summary': 'Project management involves initiating, planning, executing, monitoring, controlling, and closing processes.', 'duration': 28.835, 'max_score': 2615.107, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/1-P7fbsOJZM/pics/1-P7fbsOJZM2615107.jpg'}, {'end': 3043.114, 'src': 'embed', 'start': 2995.168, 'weight': 2, 'content': [{'end': 3002.013, 'text': 'For example, a new resource added to the project may require changes in cost or schedule or both.', 'start': 2995.168, 'duration': 6.845}, {'end': 3008.958, 'text': 'In dealing with such situations, the project manager integrates the processes of project management.', 'start': 3002.834, 'duration': 6.124}, {'end': 3014.503, 'text': 'The need for integration drives much of the communication and the work of the project manager.', 'start': 3009.519, 'duration': 4.984}, {'end': 3020.187, 'text': 'Let us discuss the key role of project manager, sponsor, and team in the next screen.', 'start': 3015.343, 'duration': 4.844}, {'end': 3029.721, 'text': 'The project manager, team members and project sponsors have different roles to play in a project.', 'start': 3023.695, 'duration': 6.026}, {'end': 3034.646, 'text': 'The project manager is supposed to play multiple roles in the project.', 'start': 3030.662, 'duration': 3.984}, {'end': 3037.329, 'text': 'The key role is to perform integration.', 'start': 3035.086, 'duration': 2.243}, {'end': 3043.114, 'text': 'The project manager puts all the pieces of the project together into a cohesive whole.', 'start': 3038.089, 'duration': 5.025}], 'summary': 'Project manager integrates processes, drives communication, and plays multiple roles in project management.', 'duration': 47.946, 'max_score': 2995.168, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/1-P7fbsOJZM/pics/1-P7fbsOJZM2995168.jpg'}, {'end': 3155.31, 'src': 'embed', 'start': 3122.177, 'weight': 8, 'content': [{'end': 3124.698, 'text': 'There are two broad ways to select a project.', 'start': 3122.177, 'duration': 2.521}, {'end': 3131.332, 'text': 'One way is the benefit measurement method where one project is compared with other competing projects.', 'start': 3125.487, 'duration': 5.845}, {'end': 3140.879, 'text': 'Another approach is based on mathematical models wherein you examine the most optimal selection of projects by trying to optimize a goal.', 'start': 3132.192, 'duration': 8.687}, {'end': 3144.061, 'text': 'For example, maximize operating profits.', 'start': 3141.399, 'duration': 2.662}, {'end': 3148.665, 'text': 'Such methods may be called constrained optimization methods.', 'start': 3144.802, 'duration': 3.863}, {'end': 3155.31, 'text': 'There are different methods under both these categories, and you should be familiar with the names of these methods.', 'start': 3149.687, 'duration': 5.623}], 'summary': 'Two main project selection methods: benefit measurement and mathematical models; aim for constrained optimization.', 'duration': 33.133, 'max_score': 3122.177, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/1-P7fbsOJZM/pics/1-P7fbsOJZM3122177.jpg'}], 'start': 2406.737, 'title': 'Project management fundamentals and integration', 'summary': 'Covers the fundamentals of project management, including project processes, lifecycle, and pmp certification objectives. it also discusses project integration management, process groups, 47 processes, 10 knowledge areas, roles of project stakeholders, and project selection methods.', 'chapters': [{'end': 2568.416, 'start': 2406.737, 'title': 'Project management fundamentals', 'summary': 'Discusses the fundamentals of project management, including project management processes, project lifecycle, and objectives of the pmp certification course.', 'duration': 161.679, 'highlights': ['Project management is the application of knowledge, skills, and tools and techniques applied to project activities to meet the project requirements. Project management involves utilizing knowledge, skills, and tools to meet project requirements.', 'PMO provides the policies, methodologies, and tools and templates for managing projects within the organization. PMO offers policies, methodologies, and tools for managing projects within the organization.', 'Project manager has to integrate various project aspects like the people, stakeholders, risks, communication and procurements with the project constraints, time, scope, cost and quality. Project managers need to integrate various project aspects, including stakeholders, risks, and project constraints.', 'Functional, projectized, and matrix are the three types of organization structures based on the level of authority given to the project manager. Three types of organization structures are functional, projectized, and matrix, based on the authority given to the project manager.', 'Project lifecycle spans the initiation of a project until the closure, while product lifecycle also encompasses the operational and maintenance phases. Project lifecycle covers project initiation to closure, while product lifecycle includes operational and maintenance phases.', 'The chapter discusses the fundamentals of project management, including project management processes, project lifecycle, and objectives of the PMP certification course. The chapter provides an overview of project management fundamentals, project management processes, project lifecycle, and PMP certification course objectives.']}, {'end': 3241.948, 'start': 2569.176, 'title': 'Project integration management', 'summary': 'Covers the project management process groups, which are divided into five process groups and 47 processes in project management grouped into 10 knowledge areas. it also discusses the roles of project manager, team members, and project sponsors, and project selection methods including benefit measurement method and constrained optimization methods.', 'duration': 672.772, 'highlights': ['Project Management Process Groups The project management processes are divided into five process groups: initiating process group, planning process group, executing process group, monitoring and controlling process group, and closing process group.', 'Roles of Project Manager, Team Members, and Project Sponsors The project manager integrates the processes of project management and ensures that the project is done faster, cheaper, and utilizes resources optimally, while meeting the project objectives. The project sponsor protects the project from unnecessary changes and ensures it has the required resources for completion.', 'Project Selection Methods The organization can undertake a project under contract with an external organization or take up a project driven by internal business needs. Project selection methods include benefit measurement method and constrained optimization methods, focusing on ascertaining costs and benefits of undertaking the project, and mathematical modeling techniques to determine the best selection of projects to achieve certain business objectives.']}], 'duration': 835.211, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/1-P7fbsOJZM/pics/1-P7fbsOJZM2406737.jpg', 'highlights': ['Project management involves utilizing knowledge, skills, and tools to meet project requirements.', 'PMO offers policies, methodologies, and tools for managing projects within the organization.', 'Project managers need to integrate various project aspects, including stakeholders, risks, and project constraints.', 'Three types of organization structures are functional, projectized, and matrix, based on the authority given to the project manager.', 'Project lifecycle covers project initiation to closure, while product lifecycle includes operational and maintenance phases.', 'The chapter provides an overview of project management fundamentals, project management processes, project lifecycle, and PMP certification course objectives.', 'The project management processes are divided into five process groups: initiating, planning, executing, monitoring and controlling, and closing.', 'The project manager integrates the processes of project management and ensures that the project is done faster, cheaper, and utilizes resources optimally, while meeting the project objectives.', 'Project selection methods include benefit measurement method and constrained optimization methods, focusing on ascertaining costs and benefits of undertaking the project, and mathematical modeling techniques to determine the best selection of projects to achieve certain business objectives.']}, {'end': 3917.198, 'segs': [{'end': 3267.768, 'src': 'embed', 'start': 3244.25, 'weight': 3, 'content': [{'end': 3251.177, 'text': 'There are six project management processes, which are part of Project Integration Management Knowledge Area.', 'start': 3244.25, 'duration': 6.927}, {'end': 3257.502, 'text': 'They are the Develop Project Charter done in the Initiation Process Group.', 'start': 3252.014, 'duration': 5.488}, {'end': 3262.088, 'text': 'Develop Project Management Plan undertaken in the Planning Process Group.', 'start': 3257.502, 'duration': 4.586}, {'end': 3267.768, 'text': 'Direct and manage work carried out in the Executing process group.', 'start': 3262.887, 'duration': 4.881}], 'summary': 'Six project management processes in project integration management knowledge area.', 'duration': 23.518, 'max_score': 3244.25, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/1-P7fbsOJZM/pics/1-P7fbsOJZM3244250.jpg'}, {'end': 3393.651, 'src': 'embed', 'start': 3367.199, 'weight': 1, 'content': [{'end': 3375.505, 'text': "Once a project has received a charter, it means that the project manager can start employing the organization's resources for the project activities.", 'start': 3367.199, 'duration': 8.306}, {'end': 3380.886, 'text': 'Let us look at the key inputs to be considered in preparing the project charter.', 'start': 3376.604, 'duration': 4.282}, {'end': 3384.487, 'text': 'The first input is the project statement of work.', 'start': 3381.746, 'duration': 2.741}, {'end': 3393.651, 'text': 'This is created by project sponsor or the customer describing their needs, project scope, and how the project fits into their strategic goal.', 'start': 3385.308, 'duration': 8.343}], 'summary': 'Project manager can employ resources once charter received. key inputs include project statement of work.', 'duration': 26.452, 'max_score': 3367.199, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/1-P7fbsOJZM/pics/1-P7fbsOJZM3367199.jpg'}, {'end': 3507.742, 'src': 'embed', 'start': 3479.311, 'weight': 2, 'content': [{'end': 3482.953, 'text': 'corporate knowledge base and historical project information.', 'start': 3479.311, 'duration': 3.642}, {'end': 3493.394, 'text': 'Every organization develops a set of processes, procedures, and policies that are based on the best practices learned by the organization over time.', 'start': 3483.968, 'duration': 9.426}, {'end': 3500.738, 'text': 'The historical information includes past project management plans, risks, lessons learned, etc.', 'start': 3494.114, 'duration': 6.624}, {'end': 3503.16, 'text': 'of similar projects executed.', 'start': 3501.158, 'duration': 2.002}, {'end': 3507.742, 'text': 'Now, let us look at the tools and techniques used in this process.', 'start': 3504.08, 'duration': 3.662}], 'summary': 'Organizations accumulate knowledge for best practices and historical project data.', 'duration': 28.431, 'max_score': 3479.311, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/1-P7fbsOJZM/pics/1-P7fbsOJZM3479311.jpg'}, {'end': 3575.735, 'src': 'embed', 'start': 3550.095, 'weight': 5, 'content': [{'end': 3561.582, 'text': 'Facilitation techniques help bring all these stakeholders together and engage in fruitful discussions in order to arrive at an informed decision whether to go ahead with a project or not.', 'start': 3550.095, 'duration': 11.487}, {'end': 3566.405, 'text': 'The only output of this project is the project charter.', 'start': 3563.143, 'duration': 3.262}, {'end': 3570.267, 'text': 'Let us try to understand what the project charter might contain.', 'start': 3567.225, 'duration': 3.042}, {'end': 3575.735, 'text': 'The project charter usually contains the high-level project requirement,', 'start': 3571.152, 'duration': 4.583}], 'summary': 'Facilitation techniques aid stakeholders in making project decisions, yielding a project charter.', 'duration': 25.64, 'max_score': 3550.095, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/1-P7fbsOJZM/pics/1-P7fbsOJZM3550095.jpg'}, {'end': 3702.305, 'src': 'embed', 'start': 3676.002, 'weight': 0, 'content': [{'end': 3680.684, 'text': 'Project management plan contains all the subsidiary plans and their baseline value.', 'start': 3676.002, 'duration': 4.682}, {'end': 3684.365, 'text': 'It also contains the allowed variance in the baseline value.', 'start': 3681.444, 'duration': 2.921}, {'end': 3692.759, 'text': "Performance measurement baseline of project's time is the total of project baseline time and the agreed time variance for the project.", 'start': 3685.014, 'duration': 7.745}, {'end': 3699.003, 'text': 'For example, the Time Management Plan section would have mentioned the time taken by a project.', 'start': 3693.339, 'duration': 5.664}, {'end': 3702.305, 'text': 'The period mentioned in the project management plan is 180 days.', 'start': 3699.643, 'duration': 2.662}], 'summary': 'Project management plan includes subsidiary plans with a baseline value and a 180-day time period.', 'duration': 26.303, 'max_score': 3676.002, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/1-P7fbsOJZM/pics/1-P7fbsOJZM3676002.jpg'}, {'end': 3814.98, 'src': 'embed', 'start': 3789.331, 'weight': 4, 'content': [{'end': 3799.909, 'text': 'In addition to these, Enterprise environmental factors and organization process assets are also inputs to developing the project management plan.', 'start': 3789.331, 'duration': 10.578}, {'end': 3808.215, 'text': 'In fact, these two factors have more influence in developing project management plan than in developing project charter.', 'start': 3800.689, 'duration': 7.526}, {'end': 3814.98, 'text': 'It is recommended that you understand these inputs, outputs and tools and techniques clearly,', 'start': 3809.056, 'duration': 5.924}], 'summary': 'Enterprise environmental factors and organization process assets have more influence on developing project management plans than on developing project charters.', 'duration': 25.649, 'max_score': 3789.331, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/1-P7fbsOJZM/pics/1-P7fbsOJZM3789331.jpg'}], 'start': 3244.25, 'title': 'Project management processes', 'summary': 'Provides an overview of six project management processes within the project integration management knowledge area, their respective process groups, and details on developing a project charter and project management plan, highlighting key inputs, tools and techniques, and the contents of the plans.', 'chapters': [{'end': 3338.89, 'start': 3244.25, 'title': 'Project management processes overview', 'summary': 'Outlines the six project management processes within the project integration management knowledge area, their respective process groups, and how to read process-related information.', 'duration': 94.64, 'highlights': ['The Develop Project Management Plan is undertaken in the Planning Process Group. This is a key project management process that occurs in the Planning Process Group.', 'The Direct and Manage Work process is carried out in the Executing process group. This process takes place in the Executing process group, signifying the active phase of project implementation.', 'The chapter introduces how to read process-related information, including inputs, tools and techniques, and outputs. Understanding how to interpret process-related information is crucial for effective project management.']}, {'end': 3917.198, 'start': 3339.59, 'title': 'Project charter and project management plan', 'summary': 'Discusses the processes of developing a project charter and project management plan, emphasizing the key inputs, tools and techniques, and the contents of the project charter and project management plan.', 'duration': 577.608, 'highlights': ["The project charter is a document authorizing a project, enabling the project manager to utilize organizational resources for project activities. The project charter authorizes the project, allowing the project manager to start utilizing the organization's resources for project activities.", 'Key inputs for preparing the project charter include the project statement of work, business case, agreement, enterprise environmental factors, and organizational process assets. The preparation of the project charter involves considering key inputs such as the project statement of work, business case, agreement, enterprise environmental factors, and organizational process assets.', 'Expert judgment and facilitation techniques are crucial tools and techniques used in the process of developing the project charter. Expert judgment and facilitation techniques play a significant role in the development of the project charter, offering valuable insights and aiding in collaborative decision-making.', 'The project management plan encompasses subsidiary plans, baseline values, and allowed variances, and does not simply outline project schedules. The project management plan encompasses subsidiary plans, baseline values, and allowed variances, providing a detailed framework for project execution, monitoring, and control.', 'The inputs for developing the project management plan include the project charter, outputs of other planning processes, enterprise environmental factors, and organization process assets. Developing the project management plan involves utilizing inputs such as the project charter, outputs of other planning processes, enterprise environmental factors, and organization process assets.', 'Work authorization system, corrective action, and preventive action are crucial key terms in understanding project management processes. Key terms such as work authorization system, corrective action, and preventive action are essential in comprehending project management processes, emphasizing the formal authorization of work and strategies to address deviations from performance baselines.']}], 'duration': 672.948, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/1-P7fbsOJZM/pics/1-P7fbsOJZM3244250.jpg', 'highlights': ['The project management plan encompasses subsidiary plans, baseline values, and allowed variances, providing a detailed framework for project execution, monitoring, and control.', "The project charter authorizes the project, allowing the project manager to start utilizing the organization's resources for project activities.", 'Understanding how to interpret process-related information is crucial for effective project management.', 'The Direct and Manage Work process is carried out in the Executing process group, signifying the active phase of project implementation.', 'Developing the project management plan involves utilizing inputs such as the project charter, outputs of other planning processes, enterprise environmental factors, and organization process assets.', 'Expert judgment and facilitation techniques play a significant role in the development of the project charter, offering valuable insights and aiding in collaborative decision-making.']}, {'end': 4708.057, 'segs': [{'end': 3950.81, 'src': 'embed', 'start': 3918.672, 'weight': 0, 'content': [{'end': 3925.221, 'text': 'A very important system that needs to be established early on in a project is the change control system.', 'start': 3918.672, 'duration': 6.549}, {'end': 3933.392, 'text': 'Since projects are executed in a dynamic environment, it is quite natural to expect changes in the project requirements.', 'start': 3925.942, 'duration': 7.45}, {'end': 3941.107, 'text': 'The change control system is the formal documented procedures, paperwork, tracking systems for authorizing changes.', 'start': 3934.144, 'duration': 6.963}, {'end': 3950.81, 'text': 'Therefore, the change control system analyzes each of the incoming change requests and decides whether to accept the change request or reject it.', 'start': 3941.907, 'duration': 8.903}], 'summary': 'Change control system crucial for managing project changes effectively.', 'duration': 32.138, 'max_score': 3918.672, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/1-P7fbsOJZM/pics/1-P7fbsOJZM3918672.jpg'}, {'end': 4011.289, 'src': 'embed', 'start': 3964.392, 'weight': 2, 'content': [{'end': 3974.234, 'text': 'Examples of configurable items are project documents, source code, physical parts such as tools, recommended settings for machinery, etc.', 'start': 3964.392, 'duration': 9.842}, {'end': 3978.835, 'text': 'When a formal configuration management system is put in place,', 'start': 3974.994, 'duration': 3.841}, {'end': 3984.816, 'text': 'it is essentially establishing a control system that can preserve the characteristics of these items.', 'start': 3978.835, 'duration': 5.981}, {'end': 3994.277, 'text': 'Now let us look at the next process of the project integration management knowledge area which is direct and manage project work.', 'start': 3986.636, 'duration': 7.641}, {'end': 4006.446, 'text': 'Direct and manage project work is the process of performing the work defined in the project management plan to achieve the project objective.', 'start': 3997.819, 'duration': 8.627}, {'end': 4011.289, 'text': 'This process marks the performance and completion of activities in a project.', 'start': 4007.266, 'duration': 4.023}], 'summary': 'Configurable items include project documents, source code, physical parts. direct and manage project work involves performing work defined in the project management plan to achieve project objectives.', 'duration': 46.897, 'max_score': 3964.392, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/1-P7fbsOJZM/pics/1-P7fbsOJZM3964392.jpg'}, {'end': 4159.413, 'src': 'embed', 'start': 4134.069, 'weight': 5, 'content': [{'end': 4141.953, 'text': 'reviewing and regulating the progress to meet the performance objective or objectives defined in the project management plan.', 'start': 4134.069, 'duration': 7.884}, {'end': 4150.086, 'text': 'Now, the estimated time performance measurement baseline is 180 days and 10%.', 'start': 4143.274, 'duration': 6.812}, {'end': 4159.413, 'text': 'The Monitor and Control project work is the process area that tracks whether 180 days and 10% time performance baseline is being met or not.', 'start': 4150.086, 'duration': 9.327}], 'summary': 'Monitoring project progress to meet 180-day, 10% time performance baseline.', 'duration': 25.344, 'max_score': 4134.069, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/1-P7fbsOJZM/pics/1-P7fbsOJZM4134069.jpg'}, {'end': 4308.79, 'src': 'embed', 'start': 4280.985, 'weight': 3, 'content': [{'end': 4290.191, 'text': 'Perform. Integrated Change Control is the process of reviewing all change requests, approving and managing changes to the project deliverables,', 'start': 4280.985, 'duration': 9.206}, {'end': 4296.68, 'text': 'organizational process assets, project documents and the project management plan.', 'start': 4291.095, 'duration': 5.585}, {'end': 4300.903, 'text': 'This is where all the recommendations for changes, corrective actions,', 'start': 4297.06, 'duration': 3.843}, {'end': 4308.79, 'text': 'preventive actions and defect repairs are evaluated across all the knowledge areas and either approved or rejected.', 'start': 4300.903, 'duration': 7.887}], 'summary': 'Integrated change control manages change requests across knowledge areas.', 'duration': 27.805, 'max_score': 4280.985, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/1-P7fbsOJZM/pics/1-P7fbsOJZM4280985.jpg'}, {'end': 4563.401, 'src': 'embed', 'start': 4537.767, 'weight': 6, 'content': [{'end': 4546.231, 'text': 'Remember that PMI expects a mature organization and a trained project manager to be diligent in following closure formalities.', 'start': 4537.767, 'duration': 8.464}, {'end': 4553.134, 'text': 'Without going through the formal closure formalities, the project cannot abruptly be closed.', 'start': 4547.371, 'duration': 5.763}, {'end': 4558.596, 'text': 'The project should be formally closed, even if it is terminated due to some problem.', 'start': 4553.732, 'duration': 4.864}, {'end': 4563.401, 'text': 'The key input to this process is the accepted deliverables.', 'start': 4559.557, 'duration': 3.844}], 'summary': 'Pmi expects mature orgs to diligently follow closure formalities for project closure, even if terminated due to problems.', 'duration': 25.634, 'max_score': 4537.767, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/1-P7fbsOJZM/pics/1-P7fbsOJZM4537767.jpg'}], 'start': 3918.672, 'title': 'Change control and project integration management', 'summary': 'Emphasizes the importance of establishing a change control system early in a project, formal procedures for analyzing and authorizing change requests, and covers the processes and key aspects of project integration management.', 'chapters': [{'end': 3984.816, 'start': 3918.672, 'title': 'Establishing a change control system', 'summary': 'Emphasizes the importance of establishing a change control system early in a project to manage dynamic changes in project requirements and highlights the formal procedures for analyzing and authorizing change requests, as well as the significance of preserving the characteristics of configurable items.', 'duration': 66.144, 'highlights': ['The change control system is crucial for managing changes in project requirements, and it needs to be established early on in a project.', 'The formal documented procedures and tracking systems of the change control system are essential for authorizing changes in a project.', 'Configurable items, such as project documents, source code, and physical parts, need to be identified, documented, and placed under change control mechanism to preserve their characteristics.']}, {'end': 4708.057, 'start': 3986.636, 'title': 'Project integration management overview', 'summary': 'Covers the processes of direct and manage project work, monitor and control project work, perform integrated change control, and closed project or phase, emphasizing the input, tools and techniques, and outputs of each process.', 'duration': 721.421, 'highlights': ['Direct and manage project work involves performing the work defined in the project management plan to achieve the project objective, with key inputs being project management plan and approved change requests. This process marks the performance and completion of activities in a project.', 'Monitor and control project work tracks and regulates the progress to meet the performance objective, with inputs including project management plan and work performance information. The process area ensures that the project manager takes appropriate corrective and preventive action to get close to the performance measurement baselines.', 'Perform Integrated Change Control reviews all change requests, approves and manages changes to project deliverables, and requires inputs such as project management plan, work performance reports, and change requests. Change requests are evaluated across all the knowledge areas and either approved or rejected, and the process produces approved change requests and updates to project plan and documents.', 'Closed project or phase ensures formal closure after completion, with key inputs being accepted deliverables, project management plan, and organizational process assets. The closure results in updates to organizational process assets, including actual performance against the plan and key lessons learned during the project.']}], 'duration': 789.385, 'thumbnail': 'https://coursnap.oss-ap-southeast-1.aliyuncs.com/video-capture/1-P7fbsOJZM/pics/1-P7fbsOJZM3918672.jpg', 'highlights': ['The change control system is crucial for managing changes in project requirements, and it needs to be established early on in a project.', 'The formal documented procedures and tracking systems of the change control system are essential for authorizing changes in a project.', 'Configurable items, such as project documents, source code, and physical parts, need to be identified, documented, and placed under change control mechanism to preserve their characteristics.', 'Perform Integrated Change Control reviews all change requests, approves and manages changes to project deliverables, and requires inputs such as project management plan, work performance reports, and change requests.', 'Direct and manage project work involves performing the work defined in the project management plan to achieve the project objective, with key inputs being project management plan and approved change requests.', 'Monitor and control project work tracks and regulates the progress to meet the performance objective, with inputs including project management plan and work performance information.', 'Closed project or phase ensures formal closure after completion, with key inputs being accepted deliverables, project management plan, and organizational process assets.']}], 'highlights': ['PMP certification is valid for 3 years, renewable after acquiring 60 PDUs.', 'PMI offers a certification program for project practitioners worldwide.', 'PMP is a widely recognized credential demanded in various industries.', 'Attending a project management class for one hour by an expert is equivalent to one PDU.', 'The PMBOK Guide is released every 4 years and is a key resource for PMP exam preparation.', "PMP applicants need at least 4,500 hours of project management experience and a bachelor's degree.", 'Applicants are required to attend 35 hours of project management training before writing the PMP exam.', 'PMI releases an authorization letter after the exam fee is paid.', 'PMP exam consists of 200 questions, including 25 pre-test questions.', 'PMI grades students on each of the five process groups and declares PMP pass or fail based on the grading.', 'The result, pass or fail, is determined by a combination of these grades.', 'The PMP exam syllabus includes five process groups, 10 knowledge areas, and 47 project management processes.', 'The PMBOK guide outlines 10 knowledge areas and 47 processes, crucial for understanding project management.', 'Lesson 14 provides a comprehensive review of processes from a process group perspective, aiding in understanding the sequence of activities in project management.', 'A project ends when either the objectives are met or the project is terminated because the objectives will not or cannot be met. Emphasizes the termination criteria for a project, stating that it ends when objectives are met or cannot be met.', 'Project management is achieved by proper application and integration of the 47 processes as defined in the PMBOK guide. Project management involves the application and integration of 47 processes as defined in the PMBOK guide, to meet project requirements.', 'Portfolio management involves identifying, prioritizing, authorizing, managing, and controlling projects, programs, and other related work to achieve strategic business objectives. Portfolio management entails centralizing the management of projects, programs, and related work to achieve strategic business objectives through identification, prioritization, authorization, and control.', 'The triple constraint in project management refers to the competing constraints of cost, time, and scope, which need to be balanced to achieve quality. The triple constraint (cost, time, and scope) requires trade-offs to maintain quality, and project managers need to manage other aspects such as people, stakeholders, risks, communication, and procurements to achieve balance.', 'The project is supposed to produce a unique output. Defines the characteristic of a project, emphasizing the requirement to produce a unique output.', 'The matrix organization allows for better coordination and maximum resource utilization, but it also leads to higher potential for conflict among managers and communication complexity.', 'The chapter emphasizes the importance of stakeholder management in project success.', 'Provides a detailed overview of different organization structures including functional, projectized, and matrix organizations.', 'The projectized organization has all the resources aligned around projects, giving project managers complete control over the resources, leading to easier project execution.', 'Project life cycles can be classified as sequential versus overlapping, and predictive, incremental, and iterative life cycles, each with distinct planning approaches and suitability for different project requirements and industries.', 'Project management involves utilizing knowledge, skills, and tools to meet project requirements.', 'PMO offers policies, methodologies, and tools for managing projects within the organization.', 'Project managers need to integrate various project aspects, including stakeholders, risks, and project constraints.', 'Three types of organization structures are functional, projectized, and matrix, based on the authority given to the project manager.', 'Project lifecycle covers project initiation to closure, while product lifecycle includes operational and maintenance phases.', 'The chapter provides an overview of project management fundamentals, project management processes, project lifecycle, and PMP certification course objectives.', 'The project management processes are divided into five process groups: initiating, planning, executing, monitoring and controlling, and closing.', 'The project manager integrates the processes of project management and ensures that the project is done faster, cheaper, and utilizes resources optimally, while meeting the project objectives.', 'Project selection methods include benefit measurement method and constrained optimization methods, focusing on ascertaining costs and benefits of undertaking the project, and mathematical modeling techniques to determine the best selection of projects to achieve certain business objectives.', 'The project management plan encompasses subsidiary plans, baseline values, and allowed variances, providing a detailed framework for project execution, monitoring, and control.', "The project charter authorizes the project, allowing the project manager to start utilizing the organization's resources for project activities.", 'Understanding how to interpret process-related information is crucial for effective project management.', 'The Direct and Manage Work process is carried out in the Executing process group, signifying the active phase of project implementation.', 'Developing the project management plan involves utilizing inputs such as the project charter, outputs of other planning processes, enterprise environmental factors, and organization process assets.', 'Expert judgment and facilitation techniques play a significant role in the development of the project charter, offering valuable insights and aiding in collaborative decision-making.', 'The change control system is crucial for managing changes in project requirements, and it needs to be established early on in a project.', 'The formal documented procedures and tracking systems of the change control system are essential for authorizing changes in a project.', 'Configurable items, such as project documents, source code, and physical parts, need to be identified, documented, and placed under change control mechanism to preserve their characteristics.', 'Perform Integrated Change Control reviews all change requests, approves and manages changes to project deliverables, and requires inputs such as project management plan, work performance reports, and change requests.', 'Direct and manage project work involves performing the work defined in the project management plan to achieve the project objective, with key inputs being project management plan and approved change requests.', 'Monitor and control project work tracks and regulates the progress to meet the performance objective, with inputs including project management plan and work performance information.', 'Closed project or phase ensures formal closure after completion, with key inputs being accepted deliverables, project management plan, and organizational process assets.']}