Project Management - PMP - Chapter 1 Note

Chapter 1 - Introduction

1. Purpose of the PMBOK Guide
• "Good Practice" -- application of skills, tools and technique
• "General Recognized" -- knowledge/practice of value & usefulness
• common vocabulary
• guide than methodology
• code of ethics & professional conduct
2. Project
• temporary en-devour to create a unique product, service or result
• definite beginning and end
• repetitive does not change the fundamental uniqueness of the project work 
3. Project Management
• application of knowledge, skills, tools and techniques to project activities to meet requirements
• 5 process group - 42 logically group
• initiating
• planning
• executing
• monitoring and controlling
• closing
• Factor of relationship(scope, quality, schedule...)
• Progressive elaboration
4. Project, Program and Portfolio Management
5. Project Management vs Operation Management
• Knowledge transfer
• Resources transfer
• Operation management is ongoing execution and repetitive outputs
6. Role of a Project Manager
• Knowledge (project management)
• Performance (accomplish with project management knowledge)
• Personal (attitude, characteristic & leadership)
7. Project Management Body of Knowledge
• The standards for managing most projects most of time across many types of industries
8. Enterprise Environment Factors
• internal and external factors that surround or influence a project success
• Organization culture
• Government and industry standard
• Infrastructure
• Human Resources
• Personal Administration
• Company work authority system
• Stakeholder risk tolenrance
• Political Climate
• Communication channels
• Commercial Database
• Project Management Information system

Reference: PMI PMBOK 4th Edition

Candle at fgs, jenjarom

Simply Photos

Tanjung Sepat

Tanjung Karang

Beautiful Sun Rise

The Happiness

The hall

share price and emotion

when the share at lower price, it is very always hard to make the decision to entered the market as feel as it will be dropping more...
when the price is increasing, hard feeling of not buying more during the lower price.
it is always the reasons we lost in the share market, emotional than the logic thinking...

example of the share price i'm looking of recently,

Passport renew waiting time

We reached the immigration office on 8.40am and got the number 1062, while the current number is 1022. With 40numbers in the gap. There are 2 counters working on this 10* number category.
After waiting for 1hour, the processed number is 1029. A rough estimation, it took 1hour to finish 7 numbers. To reached my number, it will take another 4.5hours.
If they procesed faster with 10numbers per hour, it will take 3hours to reach my turn.
Eventually, it reached my turn at 11.30am. It is 1 hour faster than estimated. :)
There could be few reasons of the faster process. 1-faster performance counter, 2-less trouble applicants, 3-some could have gave up to wait anymore.
During my turn at the counter, the whole process was less than 5mins. If that is happened to all, that would complete 12 in a hour and 2 counters would be 24. Nevertheless, the process could be intterupted by some reasons. 
That would be the simple way to count for my turn during the boring waiting time. for those in rush or short of time, recommended to come early and get your number quick :)