Project Management Toolbox: Tools and Techniques for the Practicing Project Manager, Third Edition by Cynthia Snyder Dionisio, Russ J. Martinelli

By

Project Management Toolbox: Tools and Techniques for the Practicing Project Manager, Third Edition

Cynthia Snyder Dionisio, Russ J. Martinelli

Project Management ToolBox

CONTENTS

Preface xv

Acknowledgments xvii

PART I: THE PM TOOLBOX 1

1 INTRODUCTION TO THE PM TOOLBOX 3

Aligning the PM Toolbox 4

Customizing the Toolbox 4

Customization by Project Size 5

Customization by Project Innovation 7

Customization by Project Type 7

Which Customization Option to Choose? 10

Reference 12

PART II: PROJECT START UP TOOLS 13

2 PROJECT SELECTION 15

Benefits Map 15

Enabling Benefits Management 16

Developing a Benefits Map 17

Using a Benefits Map 18

Variations 19

Economic Methods 20

Payback Period 20

Net Present Value 20

Internal Rate of Return 21

Using Economic Methods 22

Scoring Models 22

Developing a Scoring Model 23

Using a Scoring Model 27

Voting Models 28

Developing a Voting Model 29

Using the Voting Model 31

Pairwise Ranking 34

Developing a Pairwise Ranking Tool 34

Using the Pairwise Ranking Matrix 35

Benefits 36

Alignment Matrix 36

Developing the Alignment Matrix 36

Variations 38

Benefits 39

Project Business Case 39

Developing The Project Business Case 40

Using the Project Business Case 41

References 42

3 PROJECT ORIGINATION 43

Complexity Assessment 44

Developing the Complexity Assessment 44

Using the Complexity Assessment 45

Project Charter 46

Developing a Project Charter 47

Variations 50

Project Canvas 52

Developing the Project Canvas 52

Project Roadmap 55

Developing the Project Roadmap 55

Assumption And Constraint Log 56

Developing the Assumption and Constraint Log 56

Using the Assumption and Constraint Log 58

References 58

PART III: PROJECT PLANNING TOOLS 59

4 STAKEHOLDER ENGAGEMENT 61

Stakeholder Register 62

Developing a Stakeholder Register 62

Using the Stakeholder Register 63

Stakeholder Analysis 63

Conducting Stakeholder Analysis 64

Variations 69

Communication Matrix 70

Developing a Communication Matrix 72

Using a Communication Matrix 72

Stakeholder Engagement Plan 73

Developing a Stakeholder Engagement Plan 73

Using the Stakeholder Engagement Plan 75

Choosing Your Stakeholder Management Tools 76

References 77

5 REQUIREMENTS MANAGEMENT 79

Requirements Elicitation Plan 80

Developing a Requirements Elicitation Plan 80

Using a Requirements Elicitation Plan 83

Requirements Management Plan 84

Developing a Requirements Management Plan 84

Using a Requirements Management Plan 88

Requirements Specification 89

Specifying Requirements 89

Using the Requirements Specification 91

Requirements Traceability Matrix 91

Developing a Requirements Traceability Matrix 91

Using a Requirements Traceability Matrix 93

References 93

6 SCOPE PLANNING 95

Scope Statement 95

Developing a Scope Statement 96

Using a Scope Statement 98

Variations 98

Work Breakdown Structure 99

Constructing a WBS: A Top-Down

Approach 100

Constructing a WBS: A Bottom-up

Approach 105

Using the WBS 106

Product Breakdown Structure 106

Constructing a Product Breakdown Structure 107

Using the PBS 110

WBS Dictionary 110

Creating a WBS Dictionary 111

Using the WBS Dictionary 113

References 113

7 SCHEDULE DEVELOPMENT 115

Milestone Chart 116

Developing a Milestone Chart 117

Using the Milestone Chart 118

Network Diagram 118

Developing a Network Diagram 118

Using a Network Diagram 121

Critical Path Method 122

Constructing a CPM Schedule 122

Using the CPM Diagram 128

Critical Chain Schedule 129

Developing a Critical Chain Schedule 130

Using the Critical Chain Schedule 131

Choosing Your Scheduling Tools 132

References 133

8 COST PLANNING 135

Cost Management Plan 135

Developing a Cost Management Plan 136

Using the Cost Management Plan 138

Analogous Estimate 138

Developing an Analogous Estimate 139

Using an Analogous Estimate 140

Parametric Estimate 140

Developing Parametric Estimates 141

Using Parametric Estimates 144

Bottom-Up

Estimate 144

Developing Bottom-up

Estimates 145

Using Bottom-up

Estimates 147

Cost Baseline 147

Developing a Cost Baseline 149

Using the Cost Baseline 151

Benefits 152

Choosing a Cost-Planning

Tool 153

References 154

9 RESOURCE PLANNING 155

Resource Management Plan 155

Team Resources 155

Physical Resources 156

Using 158

Benefits 158

Responsibility Matrix 158

Developing a Responsibility Matrix 158

Using the Responsibility Matrix 160

Benefits 160

Procurement Management Plan 161

Developing a Procurement Management Plan 161

Using a Procurement Management Plan 163

Benefits 163

Procurement Strategy 164

Developing a Procurement Strategy 164

Using a Procurement Strategy 166

Benefits 166

References 166

10 RISK PLANNING 167

Risk Management Plan 168

Developing a Risk Management Plan 168

Using the Risk Management Plan 174

Risk Identification Checklist 175

Developing a Risk Identification Checklist 175

Using a Risk Identification Checklist 177

Risk Register 177

Creating a Risk Register 178

Using the Risk Register 180

Risk Assessment 181

Tailoring Risk Assessment 181

Using the Risk Assessment 183

Risk Responses 184

Developing Risk Responses 184

Implementing Risk Responses 187

Risk Monitoring 187

Choosing Risk Management Tools 188

References 189

PART IV: PROJECT IMPLEMENTATION TOOLS 191

11 ADVANCED RISK MANAGEMENT TOOLS 193

Monte Carlo Analysis 194

Performing a Monte Carlo Analysis 194

Using the Monte Carlo Analysis 202

Decision Tree 202

Building the Decision Tree 204

Using Decision Trees 206

Risk Dashboard 206

Developing the Risk Dashboard 206

Using the Risk Dashboard 209

Choosing Advanced Risk Management Tools 209

References 210

12 CHANGE MANAGEMENT 211

Change Management System 211

Establishing a Change Management System 212

Using the Change Management System 213

Change Request 214

Developing a Change Request 215

Using the Change Request 218

Change Log 219

Developing a Change Log 219

Using the Change Log 222

Scope Control Decision Checklist 222

Developing a Scope Control Decision Checklist 223

Using the Scope Control Decision Checklist 225

References 226

13 AGILE PROJECT EXECUTION 227

Scrum Basics 228

Product Backlog and Sprint Backlog 230

Information on the Backlogs 230

Populating Backlogs 231

Release Planning 232

The Release Planning Event 233

Initial Draft Release Plan 234

Final Release Plans 234

Release Planning versus Sprint Planning 235

Daily Scrum Meeting 235

Organizing a Daily Scrum Meeting 236

Sprint Task Board 237

Using the Sprint Task Board 237

Sprint Burn Down Chart 239

Developing a Sprint Burn Down Chart 239

Using a Sprint Burn Down Chart 240

Sprint Retrospective Meeting 241

Organizing a Sprint Retrospective Meeting 242

Using a Sprint Retrospective Meeting 242

References 244

PART V: PROJECT MONITORING, REPORTING

AND CLOSURE TOOLS 245

14 SCHEDULE MANAGEMENT 247

Slip Chart 249

Developing the Slip Chart 249

Using the Slip Chart 251

Buffer Chart 251

Developing the Buffer Chart 251

Using the Buffer Chart 253

Jogging Line 254

Constructing a Jogging Line 255

Using the Jogging Line 258

Milestone Prediction Chart 258

Constructing the Milestone Prediction Chart 258

Using the Milestone Prediction Chart 261

B–C–F Analysis 262

Performing the B–C–F Analysis 262

Using the B–C–F Analysis 264

Schedule Crashing 265

Performing Schedule Crashing 265

Using Schedule Crashing 269

Choosing Your Schedule Management Tools 269

References 270

15 COST MANAGEMENT 271

Budget Consumption Chart 272

Developing the Budget Consumption Chart 273

Using the Budget Consumption Chart 274

Variations 275

Earned Value Analysis 275

Performing Earned Value Analysis 276

Using Earned Value Analysis 286

Variations 287

Milestone Cost Analysis 288

Performing a Milestone Cost Analysis 289

Using the Milestone Cost Analysis 291

Choosing Your Cost Management Tools 291

References 292

16 PERFORMANCE REPORTING 293

Project Reporting Checklist 293

Developing the Project Reporting Checklist 294

Using the Project Reporting Checklist 295

Project Strike Zone 296

Developing the Project Strike Zone 297

Using the Project Strike Zone 298

Project Dashboard 300

Designing a Project Dashboard 300

Using the Project Dashboard 303

Summary Status Report 304

Developing a Summary Status Report 304

Using the Summary Status Report 308

Project Indicator 309

Developing the Project Indicator 309

Using the Project Indicator 312

Variations 312

Choosing Your Reporting Tools 314

References 314

17 PROJECT CLOSURE 315

Project Closure Plan and Checklist 316

Developing the Plan and Checklist 316

Using the Closure Plan and Checklist 320

Project Closure Report 320

Developing the Project Closure Report 320

Using the Project Closure Report 321

Lessons Learned Report 322

Developing the Lessons Learned Report 322

Using the Lessons Learned Report 325

Postmortem Review 326

Conducting the Postmortem Review 326

Using the Postmortem Review 329

Index 331

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