Corporate Knowledge Base consists of organizational process assets which includes various types of information related to projects that can be used for any project activity. Click here for a detailed analysis of each project management process … Project Stakeholder Management is focused on engaging project stakeholders with the project. The organizational process assets are listed as an input to 47 of the 49 project management processes, across all of the project management process groups. Organizational process assets; Conduct Procurements. PMP Solution 126. Expert judgment 2. . Organizational process assets enable consistent process performance across the organization and provide a basis for cumulative, long-term benefits to the organization. Organizational process assets TOOLS & TECHNIQUES 1. Such influences can have a favorable or unfavorable impact on the project and this obviously depends on a number of conditions. A. What is Organizational Process Assets In PMBOK 5th Edition Posted on October 7, 2016 October 7, 2016 by trainings24x7blog You will find Enterprise Environmental Factors (EEFs) and Organizational Process Assets (OPAs) very frequently while going through the PMBOK5th edition and therefore firm understanding of the topics is required. In other words, The Organizational Process Assets are the properties of an organization which helps the organization to achieve its goals. Organizational process assets. Meetings OUTPUTS 1. This article is a part of a series on “A Guide to Project Management Body of Knowledge PMBOK“. 4.4.3.3 ORGANIZATIONAL PROCESS ASSETS UPDATES . What is the objective of keeping the project stakeholders engaged with the project? Those are the documents of previous projects , all documents related to ur project which acts as an input to the management of project that may be procurement, stakeholder etc any department. Organizational Process Assets—Processes and Procedures. Integration 5. Observation and Conversation helps to stay in touch with the team and resolve their issues. Time 7. A solid understanding of these concepts is an important part of your preparation for the PMP exam. 5th Edition PMBOK® Guide—Chapter 2: Organizational Process Assets (OPAs) and Enterprise Environmental Factors (EEFs) Jan 23, 2013. Scope 6. PMP Question No 1959 - Stakeholder . Project Performance Appraisals: Evaluation of employees from people who supervise them. Organizational process assets (OPAs) “are the plans, processes, policies, procedures, and knowledge bases specific to and used by the performing organization” (PMBOK Guide, 27). The PMBOK® Guide defines the organizational process assets as plans, processes, policies, procedures and knowledge bases. 4. Human Resource 8. Manage Stakeholder Engagement C. Plan Stakeholder Engagement D. Monitor Stakeholder Engagement. Team resource availability and skills and physical resource availability are enterprise environmental factors (EEFs) that can influence the Plan Schedule Management process. for the manage stakeholder engagement process, a process from the executing process group, historical information about previous projects is considered a critical input from the organizational process assets. Few of them are as follows; (Source: PMBOK 5th Edition) Financial related databases (costing, budgeting, profits, cost overruns, hourly rates, labor hours / rates, etc…) They are termed as such because they influence a project, and are both an input and output of many processes. 1. Stakeholder These are fulfilled by the project’s team members in order to meet the needs and deadlines of a certain project. 7. Issue log 4. PMBOK further breaks OPAs down into (1) process and procedures and (2) corporate knowledge base. Organizational Process Assets are the Plans, processes procedures, and knowledge bases that are specific to and used by the performing organization. The other choices are valid assets. Therefore, Organizational Process Assets would include anything the organization has acquired that you can use in the management of the project. An organizational process asset is consist of procedures and processes that greatly contribute to the company’s work. Organizational process assets TOOLS & TECHNIQUES 1. Organizational process assets updates Source: PMBOK® Guide, 6th ed., Chapter 4, section 4.7, p. 121. Enterprise enviromental factors 4. Meetings OUTPUTS 1. All projects create new knowledge. Work performance data 3. Identify Stakeholders B. The organization process assets are collection of learning and artifacts which has been accumulated by the performing organization since they started working on projects. The fourth edition PMBOK® defines Organizational Process Assets as “any or all process related assets, from any or all of the organizations involved in the project that can be used to influence the project’s success.” Examples include: plans, procedures, lessons learned, historical information, schedules, risk data and earned value data. PMP Exam Set B – Q20 ( PMBOK 6th edition ) Organizational process assets are an input to all of the following Stakeholder Management processes EXCEPT: A. Quality 11. request. As per the PMBOK® Guide. 6. Requests for Proposal (RFP’s) or Invitations to Tender are sent out, and responses are analyzed. Organizational process assets 1. ( certificate of appreciation, newsletters, bonus structure etc.) Manage Project Team: T&T 1. Expert judgment 2. Organizational process assets (OPA) si enterprise environmental factors (EEF) sunt doua elemente care apar ca input sau output la o mare parte din procesele din PMBOK Guide. Project management information system 3. The PMBOK® Guide helpfully breaks the OPAs down into which process group they are being used for: initiating, planning, executing, monitoring & controlling, and closing. Conflict Management 4. De asemenea puteti regasi acesti termeni si in unele intrebari de la examenul de PMP. Any component of the project management plan may be updated as a result of this process. Deliverables 2. Change requests 5. Part 1: A Guide to the Project Management Body of Knowledge (PMBOK® Guide) 113 4.5.3.4 PROJECT DOCUMENTS UPDATES ... .6 Organizational process assets.1 Approved change requests.2 Project management plan updates • Any component.3 Project documents updates • Change log. Communications 9. Stakeholder register 2. Project management plan updates 6. Project management plan • Quality Management plan • Project Lifecycle Description • Development Approach 3. They include but are not limited to policies and procedures, formal and informal plans and guidelines, lessons learned and historical information. Issue log 4. Policies and procedures for initiating and planning includes the following:- These are very important for the planning stage, irrespective of the nature of the project. PMBOK-Input-Output: Organizational process assets: PMBOK: outputOfProcess + Close Project, Contract Administration, Contract Closure, Information Distribution, Manage Project Team, Manage Stakeholders, Perform Quality Assurance, Perform Quality Control, Performance Reporting, Risk Monitoring and Control, Schedule Control, Scope Control. There are two broad categories of OPAs: processes and procedures, and corporate knowledge base. All of these organizational process assets are specific to the performing organization. 2. Organizational process assets Identifying all people or organizations impacted by the project, and documenting relevant information regarding their interest, involvement, and impact on the project success. all of the given choices are organizational process assets. Change requests 3. Project charter 2. Two of the inputs to processes you will see most often are Organizational Process Assets and Enterprise Environmental Factors. Procurement 13. Expert judgment 2. Organizational Process Assets. They include formal and informal plans, policies, procedures, and guidelines. Organizational Process Assets “Plans, processes, policies, procedures, and knowledge bases that are specific to and used by the performing organization.” PMBOK ® Guide. 1. 1. 5. however, the organizational policies and templates are more relevant during the planning phase of the project. PMP® ITTO sheet on PMBOK® 6th Edition by ©JayantKodwani.com Scope INPUTS TOOLS OUTPUTS Plan Scope Management Collect Requirements Define Scope 1. Project documents updates 7. Organizational Process Assets (OPA) and Enterprise Environmental Factors (EEF) are listed as “influences” in the PMBOK Guide. Risk 12. Organizational process assets are inputs needed by a company’s project management processes. Project management plan updates 6. Project management information system 3. Organisational Process Assets - OPA (PMBOK® Guide 2.3) OPA = Assets: The plans, processes, policies, procedures and knowledge base specific to, developed by, and used by, the organisation – and which you actually use in the management of the project. Selection criteria should be determined in advance. Most organisations B. Project management plan 2. Organization invests in creating all these process, policies and knowledge bases so that it can help the organization wherever it is needed and thus called Organizational Process Assets. Cost 10. 3. Organizational culture and structure are enterprise environmental factors (EEFs) that can influence the Plan Schedule Management process. Before starting to talk about the Organizational Process Assets, we want to spend some words in order to “contextualize” the topic.. As the 6 th version of the Italian PMBOK highlights, the projects exist and operate in environments that may have influence on them.. D. Organizational process assets. PMBOK 6th edition - Page 520. ... Can be enterprise environmental factors or organizational process assets; Initiating and Planning. Other assets include historical data about organizational structures that operated in past projects and organizational procedures and policies. Deliverables 2. Standardized stakeholder list is not a valid organizational process asset used in the Plan Resource Management process. Similarly an organization has assets in terms of process policies and knowledge base which becomes mature with the time. 2 Organizational Process Assets Updates Final product, services, or results transition This output refers to the TRANSITION of the final product, service, or result that the project was authorized to produce (or in the case of phase closure, the intermediate product, service, or result of that phase). According to the PMBOK Guide, the Organizational Process Assets are the plans, processes, policies, procedures, and knowledge bases that are specific to and used by the performing organization. Project documents updates 7. Work performance data 3. Organizational process assets include any or all process related assets from any or all organizations involved in the project that can be used to have an influence on the project outcome. What is the definition of organizational process assets in project management? Enterprise environmental factors 3. A. Once the procurement needs of the project are identified and procurement procedures are determined, the procurements are executed. Change requests 5. Enterprise Environmental Factors (or EEFs) and Organizational Process Assets (OPAs) are two important components of the PMBOK guide.