Day 11 Key Learning Point from Olatunde Onakoya:

"Project Schedule Management is about creating project schedule and controlling it.
It has 6 processes:Plan Schedule Management, Define Activities, Sequence Activities, Estimate Activity Durations, Develop Schedule and Control Schedule."

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Highlights of Day 11 in the Monthly "Explain-PM-to-Grandma" Online Mega-Class (November Edition)

An interactive session on define activities of a Project


https://www.youtube.com/watch?v=927mW1wCwJg

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What is 'Lead and Lag' in a Project


https://www.youtube.com/watch?v=BgP6IkaPJXQ

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Do you know Project Management Schedule??


https://www.youtube.com/watch?v=B-u4xjsCbz0

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What 'Define Activities' is about?


https://www.youtube.com/watch?v=867SOvDTFto

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Project Management Team should collaborate and share knowledge.


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Highlights of Day 12 in the Monthly "Explain-PM-to-Grandma" Online Mega-Class (November Edition)


What is "Critical Path" on a Project


https://www.youtube.com/watch?v=GUJTX3NTGmo

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Distinctive difference between "Project Schedule" and "Schedule Baseline"


https://www.youtube.com/watch?v=_FxP42EdgGw

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Day 12 Key Learning Point from Kolapo Raheem:

The Define activities" refer to the process of decomposing work packages into activities, documenting actions that need to be performed in order to produce the deliverables generally meet the objectives of the project.

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Day 12 Key Learning Point from Ibrahim Oladipupo:

"As part of Project schedule management, WBS work packages is broken down into actionable activities that can be estimated, scheduled, assigned, and tracked to completion."

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Day 11 Key Learning Point from Adesina Kareem:

"When managing a project, it is important to decompose into activities and then define the logical relationship between them. The relationships between activities are either of four types: Finish-to-start (FS), Finish-to-finish (FF), Start-to-start (SS), Start-to-finish (SF)."

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Salore:
u are the best bro. very informative. pls sir I would love to know when the exams is coming up and the application fee. would love to partake in the exam. thanks

Exam can be scheduled at any convenient time, as a chosen center around you.
Exam fee is $555 if you are not a PMI member

If you have more questions, lets chat on Whatsapp https:///2349099576339

Day 14 Key Learning Point from Aisha Omotara;

"Proper cost estimation is key to managing projects. There are different types of estimating methods: Analogous Estimating, Parametric Estimating, Bottom-Up Estimating etc"

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Day 14 Key Learning Point from Olatunde Onakoya:

"Contingency reserve is used to manage identified risks [known unknowns], while the management reserve is used for unidentified risks [unknown unknowns]"

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Highlights of Day 14 in the Monthly "Explain-PM-to-Grandma" Online Mega-Class (November Edition)

Definition of AC (Actual Cost)


https://www.youtube.com/watch?v=WXolkB9bUmQ

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What is Earned Value Analysis (EVA)


https://www.youtube.com/watch?v=rjWdWv6HtOE


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Just for laughs..


https://www.youtube.com/watch?v=JyI6O96yu2s


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What is Planned Value (PV) of a Project


https://www.youtube.com/watch?v=f3_RwbPyWcA

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What "Cost Variance" is about


https://www.youtube.com/watch?v=BSgRU1xmHVE


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All about Earned Value


https://www.youtube.com/watch?v=dDZWdp6ptOA

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Day 15 Key Learning Point from Aisha Omotara:

"In Earned Value Management, AC (Actual Cost) represents the total cost spent so far during the process of carry out work on the project up till that point in time."

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Day 15 Key Learning Point from Kolapo Raheem:

"In EVM, PV (Planned Value) is the value of work to be done a given time, as planned and forcast during planning."

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Day 15 Key Learning Point from Olatunde Onakoya:

"Earned Value Management (EVM) helps project managers to measure project performance. It gives early warning signals if there will be a performance issue and enables quantitative project progress reporting."

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Day 15 Key Learning Point from Olaide Oladmeji:

"Earned Value Management (EVM) is a very useful tool for project cost and schedule control and can be very useful in project forecasting."

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Day 15 Key Learning Point from Ibrahim Oladipupo:

"Planned Value shows you how much value you expected to earn within a given time, while Earned Value shows how much value you have actually earned."

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Highlights of Day 15 in the Monthly "Explain-PM-to-Grandma" Online Mega-Class (November Edition)

Ever Heard of Plan Quality Management?


https://www.youtube.com/watch?v=MI30UJ7x_6Q

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What does "Quality" mean in Project Management??


https://www.youtube.com/watch?v=CjzCh4wvDpk

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In Project Management, "Quality is cooked in, and not sprayed on"


https://www.youtube.com/watch?v=8bIT2U9OXXI

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In Project Management, 'Grade' is different from 'Quality'!!


https://www.youtube.com/watch?v=nJyZKbanZSk

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Day 16 Key Learning Point from Kolapo Raheem:

"Quality assurance is a process-refining set of activities, towards positioning better to deliver quality results/products.
Its primary objective is to prevent defects in deliverables in the planning stage to avoid rework or customer dissatisfaction.

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Day 16 Key Learning Point from Ibrahim Oladipupo:

“Quality is the degree to which a set of inherent characteristics [of deliverables] fulfill requirements.” If a deliverable meets the customer’s needs and requirements, it is said to be of high quality even if it is of low grade on comparison to other similar products
Ibrahim Oladipupo.

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Highlights of Day 16 in the Monthly "Explain-PM-to-Grandma" Online Mega-Class (November Edition)

In Project Management, there is Conflict, but how do you resolve it as a Project Manager


https://www.youtube.com/watch?v=7BK42DhKAVQ

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