⚡ Quick Revise — One Hour Power Revision
Everything you need before the exam. One page. Read in order. Do not skip.
⭐ 1. The Basics
Project
Temporary + Unique. Has a start and end date. Duration does NOT define temporary — a 10-year metro project is still a project.
Operations
Continuous + Repetitive. No defined end. Running daily ads, monthly reports = Operations. Not a project.
What PM manages: Scope (what), Time (when), Cost (how much), Quality (how well), Risk (what if). Change one → the others are affected.
⭐ 2. The 5 Process Groups
Process Groups = WHEN things happen. Knowledge Areas = WHAT you manage.
1. Initiating
Project Charter
Identify Stakeholders
2. Planning
PM Plan
All Baselines
3. Executing
Do the work
Deliverables
4. Monitoring & Controlling
Track & correct
Change Requests
5. Closing
Sign-off
Lessons Learned
| Process Group | Key Output / Document |
|---|---|
| Initiating | Project Charter + Stakeholder Register |
| Planning | PM Plan + Scope/Schedule/Cost Baselines |
| Executing | Deliverables + Change Requests |
| Monitoring & Controlling | Performance Reports + Change Requests |
| Closing | Final Acceptance + Lessons Learned |
⭐ 3. Scope Management
6 steps in order: Plan → Collect Requirements → Define Scope → Create WBS → Validate Scope → Control Scope
Scope Baseline = 3 documents
Scope Statement + WBS + WBS Dictionary. All three together. Always.
Scope Creep
Uncontrolled additions without approval. Prevented by Control Scope. Any change = formal change request first.
Validate Scope
Client formally accepts deliverables. Monitoring & Controlling phase. Happens AFTER Control Quality.
Product vs Project Scope
Product = features/functions (measured vs requirements). Project = all work (measured vs Scope Baseline).
⭐ 4. Schedule Management
Critical Path
Longest path = minimum project duration. Zero float. Critical path = TIME not importance. Any delay → project delay.
Float
Total Float = delay without delaying project. Free Float = delay without delaying NEXT activity. Critical path = zero float.
Crashing
Add resources → reduce time → cost goes UP. Only on critical path. Works but expensive.
Fast Tracking
Overlap sequential tasks → reduce time → no extra cost → HIGH risk of rework. “No cost increase” = Fast Track.
Resource Leveling
Fix overallocation. May DELAY project. Use when resources are the constraint.
Resource Smoothing
Adjust within float. NO delay to project. “No delay allowed” = Smoothing.
Estimation Techniques
| Technique | How | Speed | Accuracy |
|---|---|---|---|
| Analogous | Past similar project | Fast | Low |
| Parametric | Formula: rate × quantity | Fast | Medium |
| Bottom-Up | Estimate each task, add up | Slow | Highest |
| Three-Point / PERT | (O + 4M + P) ÷ 6 | Medium | High |
⭐ 5. Earned Value Management — All Formulas
Contingency Reserve
For KNOWN risks. Controlled by PM. Included in Cost Baseline.
Management Reserve
For UNKNOWN surprises. Controlled by Management. NOT in Cost Baseline.
⭐ 6. Risk Management
Residual Risk
Risk remaining AFTER a response is applied. Must still be monitored.
Secondary Risk
NEW risk CREATED by the response itself. Also needs managing.
Qualitative Analysis
H/M/L priority using P&I Matrix. Always done first. Subjective.
Quantitative Analysis
Numbers — Monte Carlo, EMV, Decision Tree. Optional. After qualitative.
7. Quality Management
| Process | Phase | Focus |
|---|---|---|
| Plan Quality | Planning | Define standards and how to meet them |
| Manage Quality | Executing | Audit PROCESSES — are we following the right steps? |
| Control Quality | Monitoring | Inspect DELIVERABLES — do they meet standards? |
| Quality Tool | Exam Trigger |
|---|---|
| Fishbone / Ishikawa | “Root cause” / “cause and effect” |
| Pareto Chart | “80/20” / “most frequent defect” |
| Control Chart | “Within limits” / “out of control” |
| Histogram | “Frequency distribution” / “defect frequency” |
| Scatter Diagram | “Relationship between two variables” |
8. Communication & Stakeholder Management
| Power / Interest | Strategy |
|---|---|
| High Power + High Interest | Manage Closely |
| High Power + Low Interest | Keep Satisfied |
| Low Power + High Interest | Keep Informed |
| Low Power + Low Interest | Monitor |
9. Procurement — Contract Types
| Contract Type | Risk Bearer | When to use |
|---|---|---|
| Fixed Price (FFP) | Seller bears risk | Well-defined scope |
| Time & Material (T&M) | Shared risk | Unclear scope, hourly work |
| Cost Plus (CPFF) | Buyer bears risk | Highly uncertain / R&D |
10. Leadership & Team Management
Tuckman’s 5 Stages
1. Forming
Polite, unclear roles → PM: Direct
2. Storming
Conflict emerges → PM: Coach
3. Norming
Trust builds → PM: Support
4. Performing
High output → PM: Delegate
5. Adjourning
Project ends → PM: Celebrate
Conflict Resolution — Ranked
| Rank | Style | PMP Preference |
|---|---|---|
| 1 ⭐ | Collaborate / Problem-Solve | ALWAYS BEST — win-win solution |
| 2 | Compromise | Both give something up — time pressure |
| 3 | Smooth / Accommodate | Temporary fix only |
| 4 | Force / Direct | Crisis / urgent — last resort |
| 5 ✗ | Withdraw / Avoid | ALWAYS WORST — never do this |
Motivation Theories
| Theory | Key Idea | Exam Trigger |
|---|---|---|
| Maslow | Physiological→Safety→Social→Esteem→Self-Actualization | “basic needs” / “self-actualization” |
| Theory X | People dislike work → micromanage, punish | “closely monitored” / “strict control” |
| Theory Y | People self-motivated → give autonomy | “autonomy” / “empowered” |
| Herzberg | Hygiene factors prevent dissatisfaction. Motivators drive satisfaction. | “salary won’t motivate” = Hygiene |
⭐ 11. Agile & Hybrid
The 4 Agile Values
| Agile Role | Responsibility |
|---|---|
| Product Owner | Owns backlog, prioritises features, handles change requests |
| Scrum Master | Facilitates Scrum, removes impediments, coaches team |
| Development Team | Self-organising, cross-functional, does the actual work |
| Metric | Meaning |
|---|---|
| Velocity | Story points completed per sprint — predicts future pace |
| Cycle Time | Time to complete ONE task from start to finish |
| Burndown Chart | Remaining work over time — should trend to zero |
| Cumulative Flow | Work status (To Do / In Progress / Done) — spots bottlenecks |
⭐ 12. Rapid Fire — Exam Trigger Table
Read the trigger on the left. Know the answer on the right before the exam. These cover the most frequently tested concepts.
| If you see this in a question… | The answer is… |
|---|---|
| “Authorize project” / “give PM authority” | Project Charter (Initiating) |
| “Plan how project will be done” | Project Management Plan (Planning) |
| “What is in/out of scope” | Scope Statement |
| “Break work into manageable pieces” | WBS — Work Breakdown Structure |
| “Uncontrolled additions to work” | Scope Creep → use Control Scope |
| “Client formally accepts deliverables” | Validate Scope (Monitoring) |
| “Longest path in network diagram” | Critical Path |
| “Activities with zero float” | Critical Path activities |
| “Add resources to speed up” | Crashing |
| “Overlap sequential tasks” / “no extra cost” | Fast Tracking |
| “Avoid resource conflict / overallocation” | Resource Leveling |
| “Based on similar past project” | Analogous Estimating |
| “Formula: rate × units” | Parametric Estimating |
| “Estimate each task and add up” | Bottom-Up Estimating |
| “Optimistic, Most Likely, Pessimistic” | Three-Point / PERT |
| “CPI < 1” | Over budget |
| “SPI < 1” | Behind schedule |
| “EV/AC” | CPI |
| “EV/PV” | SPI |
| “BAC/CPI” | EAC (Estimate at Completion) |
| “Buy insurance” / “outsource risk” | Risk Transfer |
| “Eliminate the risk entirely” | Risk Avoidance |
| “Reduce probability or impact” | Risk Mitigation |
| “Low probability + low impact” | Accept the risk |
| “New risk created by the response” | Secondary Risk |
| “Risk remaining after response” | Residual Risk |
| “Root cause of defect” | Fishbone / Ishikawa Diagram |
| “80% of problems from 20% of causes” | Pareto Chart |
| “Process within control limits?” | Control Chart |
| “Fixed budget, well-defined scope” | Fixed Price contract |
| “Scope unclear, research / R&D” | Cost Plus contract |
| “Most risk for seller” | Fixed Price |
| “Most risk for buyer” | Cost Plus |
| “Conflict — best approach” | Collaborate / Problem-Solve |
| “Ignore conflict” / worst option | Withdraw / Avoid |
| “Team getting to know each other” | Forming (Tuckman) |
| “Team disagreements / conflict” | Storming (Tuckman) |
| “High productivity, self-managing” | Performing (Tuckman) |
| “Anonymous expert opinions” | Delphi Technique |
| “Voting to prioritise ideas” | Nominal Group Technique |
| “Grouping ideas into categories” | Affinity Diagram |
| “In Agile, change request arrives” | Product Owner → backlog → next sprint |
| “CCB approves changes” | Traditional / Predictive project |
| “Sprint, backlog, velocity” | Agile / Scrum |
| “Salary won’t motivate” | Herzberg Hygiene Factor |
| “Closely monitored, strict control” | Theory X (McGregor) |
| “Autonomy, self-directed” | Theory Y (McGregor) |
| “Formal acceptance at project end” | Closing Process Group |
| “Lessons learned” | Closing Process Group |
| “Communication channels for 10 people” | 10×9÷2 = 45 channels |
| “High Power + High Interest stakeholder” | Manage Closely |
| “Resistant stakeholder” | Engage directly — never ignore |
✅ Night Before Exam — Checklist
You are ready. Trust your preparation.
Read questions carefully. Eliminate 2 wrong options first. Think like a PM.
