Project Management Concepts

Understand project characteristics, methodologies, risk management, scheduling, quality, communication, team management, and procurement (33% of exam).

Covers fundamental project management knowledge including project characteristics, methodologies (Agile vs. Waterfall), and frameworks. Encompasses change control processes, risk management strategies, issue tracking and resolution, schedule management with milestones and resource estimation, quality and performance management through retrospectives and KPIs, communication methods and meeting management, team and resource management including role definitions and performance management, and procurement with vendor selection and contract evaluation.
5 minutes 5 Questions

Project Management Concepts form the foundation of the CompTIA Project+ certification, encompassing essential principles that guide successful project delivery. A project is defined as a temporary endeavor undertaken to create a unique product, service, or result, with a definite beginning and end …

Concepts covered: Project characteristics, Project methodologies overview, Project management frameworks, Agile methodology, Waterfall methodology, Agile vs. Waterfall selection criteria, Hybrid project management approaches, Scrum framework, Kanban methodology, Lean project management, Team composition in different methodologies, Communication methods by methodology, Change control processes, Change request management, Change control board (CCB), Impact analysis for changes, Configuration management, Risk identification, Risk analysis techniques, Qualitative risk analysis, Quantitative risk analysis, Risk response strategies, Risk mitigation planning, Risk monitoring and control, Risk roles and responsibilities, Risk register management, Issue identification and tracking, Issue resolution processes, Issue escalation procedures, Issue documentation and outcomes, Issue log management, Milestone identification, Activity sequencing, Work breakdown structure (WBS), Resource estimation, Duration estimation, Critical path method, Schedule development, Schedule maintenance and updates, Schedule compression techniques, Dependencies and constraints, Quality management planning, Sprint retrospectives, Sprint reviews, Service-level agreements (SLAs), Key performance indicators (KPIs), Project audits, Testing cycles, Quality assurance vs. quality control, Continuous improvement, Communication methods assessment, Communication platforms, Communication plan development, Stakeholder communication strategies, Status reporting, Information distribution, Meeting agenda setting, Meeting roles and responsibilities, Timeboxing techniques, Action item documentation, Meeting minutes, Daily standup meetings, Resource gap analysis, Team performance management, Role definitions, RACI matrix, Team building, Conflict resolution, Virtual team management, Resource leveling, Resource allocation, Vendor evaluation criteria, Contract types, Procurement methods, Request for proposal (RFP), Request for quotation (RFQ), Vendor selection process, Contract negotiation, Procurement documentation

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