which of the following are organizational process assets

-Templates and forms; and -Monitoring and reporting tools. Welcome to the First OPEN Project Management Community. Let me know your feedback in the comments below. Which of the following The organizational process assets (OPAs) that can influence the Plan Schedule Management process include but are not limited to: -Historical information and lessons learned repositories; -Existing formal and informal schedule development, management- and control-related policies, procedures, and guidelines; Organizational process assets (OPAs) influence the management of projects. Organizational process assets (OPAs) influence the management of projects. D. Standardized stakeholders list D - Standardized stakeholder list is not a valid asset used in the Develop Human Plan process. I am on the move, will recommend later. (b) A project gives some output. Cost Performance Index : Business processes are of great importance for customers, since they create value for them, by interrelating a set of actions which transform organizational inputs into organizational outputs. You can define the environment as anything that is related to the natural world and the impact of human activity or its condition, or the culture that an individual lives in, and the people and institutions with whom they interact (Wikipedia). Faster. B. Since we live in an environment, it influences our behavior in a certain way. Select sellers-proposals, evaluation criteria, and organizational process assets are inputs to the select sellers process. Organizational knowledge bases, tools, and techniques OProcess… The organizational process assets are described in section 2.1.4 of the PMBOK, 5th edition. Which one of the following best describes the important categories of OPAs? A scheduling software tool is an element of project management information system, which is defined as an enterprise environmental factor, rather than an organizational process asset. I would like to understand from you what could be diffrent thoughts for the below scenario. Perform Integrated Change Control. It A project manager can use existing project management templates from previous projects conducted by the organization. The project management office (PMO) is normally responsible to store and share these assets and information with project managers. Organizational Process Assets (OPA) has been mentioned 30+ times in PMBOK, either as an input process or as an updated document to many output processes. Forever FREE PMP Resources; Exam Simulators, PMP Progress Tracking, Weekly Exam Questions, ... PMP Exam Prep Seminar - PMBOK Guide 6 by Joseph Phillips, PMP Certification Training - 35 Contact Hours by Master of Project Academy, Project Manager´s Fast Start Program by OnlinePMcourses. B.) Please respond here or email me on [email protected], I want to clear out my doubt. We are living in a dangerous world. Process Assets in organizations are known in following variants like Process Assets Library (PAL), Process Database (PD), Process Repository (PR), Software Process Database (SPDB) etc. It could be a person, valuable item or thing or something useful and effective. Which of the following is not an Organizational Process Assets Update. Guaranteed. Other assets include historical information on organizational structures that have worked in previous projects and organizational processes and policies. 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. 10 Project Integration Management is the responsibility of: OpenPM has never and will never compromise its integrity. Organizational structure. We are looking for guidelines and best practices how to elaborate an OPA. You are using organizational process assets to help you complete the quantitative risk analysis process. The project manager and project management team extensively use Organizational Process Assets for the success of the project. You are using organizational process assets to help you complete the quantitative risk analysis process. Close Project or Phase. In most organization, it is the responsibility of the project management team to search for the historical information before executing a project and collect all the necessary and relevant documentation. Organizational process assets (OPAs) are the plans, processes, policies, procedures, and knowledge bases specific to and used by the performing organization. Which one ofthe following isNOTa valid reason to utilize organizational process assets as a part of the quantitative risk A. Therefore, right answer is D. [PMBOK 6th edition, Page 180] [Project Schedule Management]. You are using a previous similar project to predict the costs of the current project. D. Assets include any or all price related assets, from any or all of the vendors involved in the project that … Organizational Process Assets and it’s Role in Project Management, Organizational Process Assets and Project Management, Enterprise Environmental Factors: Role in Project Management defined, ITIL vs PRINCE2 vs PMP: What They Offer and Which One…, Project Management Practices For Successful Project Delivery, Smart Tips On How to Build a Prolific Team, 8 Tips on How to Be More Productive at Workspace, Kim Heldman PMP Exam Study Guide [2018 Review], Rita Mulcahy PMP Exam Prep Book [2018 Review], The PMBOK 6th Edition 2017 is released with excitement and anxiety, Download Free PMBOK 6th Edition PDF and Save Money, How To Prepare For PMP Exam: PMBOK & Study Guides Tips, When to know I am ready for PMP Exam? Resources availability are shown in resources calendars and they’re part of OPA. Organizational Process Assets include documentation that serves as an archive or repository of the company. It took a long time, human and economic resources to achieve them. Financial database not in scope for schedule. These projects, once delivered, will add to the organization’s overall performance but will not contribute to any of the revenue streams. What is the ‘best mindset’ suited for dealing with uncertainities and grey areas in projects? Which of the following is not true? C.) Collect Requirements. a. Can you be more specific as I am a bit lost with your question ? Which of the following is also They include formal and informal plans, policies, procedures, and guidelines. WoW, That’s a nice question and probably a topic well worth to write a case study. Tangible assets, also known as organizational resources, have a physical form such as raw materials for products, machines, infrastructure, or money. Processes and procedures for conducting work, and 2. It took a long time, human and economic resources to achieve them. An asset is something of value and the assets of a mature company are priceless. Team resource availability and skills and physical resource availability are enterprise environmental factors (EEFs) that can influence the Plan Schedule Management process. Love PMP. A. Q10. https://quizlet.com/286530782/misy-4350-ch-4-mmmmmm-flash-cards Organizational process assets enable consistent process performance across the organization and provide a basis for cumulative, long-term benefits to … You are the project manager of the GHG project. Organizational process assets are fundamental inputs to most of the project management processes. Organizational Process Assets include documentation that serves as an archive or repository of the company. Which of the following may not be included in the organizational process assets that Question 45 influence the Estimate Costs process? So Organizational Process Assets may include but not limited to: According to PMBOK; The definition of Organizational Process Assets are: D. Lessons learned repositories. C.) Collect Requirements. (a) Every project is unique. Hello Amir Abbas, Assets are any tangible/intangible items owned by a person or a company. C. Assets include 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. First, we should understand the word “environment” before we start to discuss enterprise environment factors. In your construction project, a senior project manager has recommended you... Training Costs : Can this be institutionalized in an organization? Customer satisfaction is the focal point of almost every good organization. It is important to note that organizational process assets always support the project team, while enterprise environmental factors can help or hinder. Which one of the following best describes the important categories of OPAs? The process can be seen everywhere from manufacturing to nature. They are grouped into two categories: processes and procedures, and corporate knowledge base. Video Training. Organization invests in … Sign up for your free Skillset account and take the first steps towards your certification. This specific practice addresses contributing information from processes in the project’s defined process to organizational process assets. The organization process assets are collection of learning and artifacts which has been accumulated by the performing organization since they started working on projects. Organizational knowledge bases, tools, and techniques OProcesses, policies, procedures, tools, and techniques. 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. Few project managers collect lessons-learned information throughout the project’s life. You will use organizational process assets for risk databases that may be available from industry sources. D.) Define PMP Exam and PMBOK: IS PMBOK Indispensable? PMP Lessons Learned: before, during, and after the daunting Exam, Difference Between Standard and Methodology. Organizational process assets are an input/output to PMBOK processes but it’s an important tool for project management. So, Businesses inter-connectivity, inter-dependability, specifically mentioning wireless network connectivity exposes organization and it’s employes to the world of untrusted networks. Learn how your comment data is processed. Process audit procedures B. The key elements of the organizational process assets utilized during this process are organizational communication requirements, issue management procedures and the change control procedures. Which one of the following is NOT a valid reason to utilize organizational process assets as a part of the quantitative risk A. Whether those information are available to every employee or not, and either should be available or not, that’s not the scope of this post. Which of the following is an example of an organizational process asset in this process? This appraisal typically includes the following: Determining which processes, methods, and tools are of potential use to other parts of the organization Appraising the quality and effectiveness of organizational process assets Organizational process assets are inputs needed by a company’s project management processes. Organizational process assets can be customized according to their suitability and they make the project management team’s life much more comfortable. A. B. Sorry, your blog cannot share posts by email. Few of them are as follows; (Source: PMBOK 5th Edition) Financial related databases (costing, budgeting, profits, cost overruns, hourly rates, labor hours / rates, etc…) Organizational process assets (OPA) plays an important role in project management and if utilize properly, it can be an indispensable tool for the success of the the project. ... EEF (Enterprise Environmental Factors) E. OPA (Organizational Process Assets) F. Preliminary Scope Statement. Organizational knowledge bases, processes, policies, and procedures. Which of the following best describes analogous estimating? Also of importance for inclusion in the compilation of the organizations process assets list is the outline and delineation of the organizations knowledge base and such as any lessons that have been learned and a historical … -Guidelines and criteria for tailoring the organization’s set of standard processes and procedures to satisfy the specific needs of the project, Escaped early from an endless career in Telecommunication, to explore the beautiful world around. A company's A company's Which of the following choices is not an organizational process - ProProfs Discuss If there is something already in place, you do not need to create it again. Organizational process assets (OPAs) “are the plans, processes, policies, procedures, and knowledge bases specific to and used by the performing organization” (PMBOK Guide, 27). Medical, research, tech, and other organizations. C. Commercial databases, such as standardized estimating data are enterprise environmental factors (EEFs) that can influence the Plan Schedule Management process. Organizational Process Assets are the documentation that is related to the CMMI Implementation in a CMMI Compliant Organization. Organizational process assets The Control Communications process involves sharing the project status reports and measurements with appropriate stakeholders. The other assets are: Historical information on org structures that have worked in previous projects and organizational processed and policies. The term organizational process assets (OPA) consists of three words: Organization is a group of people with vested interests. The web definition of OPA is any or all process related assets, from any or all of the organizations involved in the project that are or can be used to influence the project’s success. It’s a systematic series of natural, chemical, programming, mechanical operations performed to achieve the end product. some helpful…, Pass PMP Exam On First Try – Helpful Tips and Insights. B. ID 1018 which of the following is a hierarchical representation of project risks. Corrective actions chosen and reasons. Organizational process assets updates are an output of this process, and Choice B represents such an update. Isn’t it wise to use the template and alter it according to your project or create a new one?. Explanation. These OPA’s include hard-assets like computer systems and programs, and the documents and forms that an organization uses. Well, there could me many factors, but I’ll touch on only factor and we can discuss it further if you are interested. A project manager can use previously calculated risk analysis or daily wages etc. Which one of the following is NOT a valid reason to utilize organizational process assets as a part of the quantitative risk A. Could you tell me the factors that are contributing to the increasing vulnerability of organizational information assets? Refer to the Organizational Process Focus (OPF) (CMMI-DEV) process area for more information about incorporating experiences into organizational process assets. Which one of the following is NOT a valid reason to utilize organizational process assets as a part of the quantitative riskContinue reading “the plans, processes, policies, procedures, and knowledge bases specific to and used by the performing organization”. Organizational process assets include any of the organization’s process assets that may be used to ensure project success. standardized stakeholder list is not a valid organizational process asset used in the plan resource management process. You will use organizational process assets for studies of similar projects by risk specialists. An organizational process asset is consist of procedures and processes that greatly contribute to the company’s work. Train with Skillset and pass your certification exam. It is also understandable that Resource Availability cannot be an input while preparing schedule management plan, it could be an input for developing schedule. So, one of the biggest threat is the IT (Yes, Information Technology) itself and business environment dependability on IT. Perform Integrated Change Control. It’s a synonym for belongings, goods, valuables, strength. 2. You are preparing for the quantitative risk analysis process. The key elements of the organizational process assets utilized during this process are organizational communication requirements, issue management procedures and the change control procedures. All organizational process assets are used as inputs for the Plan Stakeholder Management process, including Choices B, C and D. The lessons learned database (Choice A) and historical information are of particular importance, because they provide insights on previous stakeholder management plans and their effectiveness. #icon8069:hover{color:;background:;} #icon6288{font-size:20px;background:;padding:0px;border-radius:0px;color:#57ca85;} Organizational culture and structure are enterprise environmental factors (EEFs) that can influence the Plan Schedule Management process. According to PMBOK; The definition of Organizational Process Assets are: “the plans, processes, policies, procedures, and knowledge bases specific to and used by the performing organization”. This site uses Akismet to reduce spam. OPAs include: Any artifact, practice, or knowledge from any or all of the performing organizations involved in the project that can be used to execute or govern the project. Almost, every good organization keeps a database of all the information pertaining to the organization. In your IT project, you have recently carried out Earned Value... Resource Optimization : Lessons Learned from Project Cost Control. #icon8069{font-size:20px;background:;padding:0px;border-radius:0px;color:#57ca85;} Which one of the following best describes the important categories of OPAs? They generally fall into two categories: Processes, guidelines, and procedures, such as: organizational standard processes, standardized guidelines, templates. Over to you! These shall be accessible to the process implementers. #icon6288:hover{color:;background:;} #icon7102{font-size:20px;background:;padding:0px;border-radius:0px;color:#57ca85;} Industry standardsC. PMI question 5924: Which of following could be organizational process assets?A. Choice 1 Historical information Choice 2 Government regulations Choice 3 Lessons learned Choice 4 Cost estimating policies It’s a synonym for practice, approach, procedure, method. It is well understood that organizational structure and commercial database could be the Part of EEF. These documents are extremely useful in initiating or planning a new project. Organizational process assets (OPAs) influence the management of projects. When organizations perform projects; It collects data, information, reports, analysis, research, lesson learned, create templates, and combine all these documents in organizational repository. Organizational Process Assets (OPA) has been mentioned 30+ times in PMBOK, either as an input process or as an updated document to many output processes. These are very important for the planning stage, irrespective of the nature of the project. answer choices Are you studying for the PMP certification? PMBOK® 13.4.3.5, pg 415 PMBOK® 13.4.3.5, pg 415 What is the best use of status meetings with the Control Stakeholder Engagement process? C. You will use organizational process assets to determine costs of all risks events within the current project. Organizational process assets are the plans, processes, policies, procedures, and knowledge bases specificto and used by the performing organization. Organization infrastructureD. The key elements of the organizational process assets that are used during this process are organizational communication requirements, issue management procedures, and the change control procedures. B. The PMBOK® Guide helpfully breaks the OPAs down into which process group they are being used for: initiating, planning, executing, monitoring & controlling, and closing. Intangible assets, also known as organizational capabilities are goods of a non-physical nature, such as: A. Organizational Process Assets include the things that a company uses to conduct its business. Which of the following is also a key organizational process asset that must be considered during this process? ITIL vs PRINCE2 vs PMP: What They Offer and Which One is Better? C. Commercial databases. While preparing your schedule management plan, you are considering organizational process assets (OPAs) that could influence this process. Skillset can help you prepare! For instance… Organizational assets can be divided into two main types: tangible and intangible In the last post, I introduced the two “ubiquitous” inputs to processes, in the sense that they are used as inputs to many, many processes: 1) Organizational Process Assets, the processes, policies, and corporate body of knowledge of an organization, and 2) the Environmental Enterprise Factors, the internal company culture and the societal environment in which the organization does … An organizational process asset is consist of procedures and processes that greatly contribute to the company’s work. 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. Project Statement of Work. -Historical information and lessons learned repositories; The following are all inputs to the Develop Project Charter process except: A. Question 12: Which of the following processes does not have Organizational Process Assets as an input? A company's organizational structure and culture;-a companys organizational structure and culture is not an organizational process asset. They include any artifact, practice, or … Processes and associated artefacts required for organization shall be identified and developed and maintain at organizational level. Question 12: Which of the following processes does not have Organizational Process Assets as an input? Close Project or Phase. Organizational process assets that may be useful in defining the business analysis approach include methodologies for process change or software development, tools or techniques that are in use or understood by stakeholders A.) An asset is something of value and the assets of a mature company are priceless. Similarly an org a nization has assets in terms of process policies and knowledge base which becomes mature with the time. B. Which of the following may not be included in the organizational process assets that Question 45 influence the Estimate Costs process? I am a researcher, analyst, currently involved in writing a book and helping individual's achieve success in PMP Certification. Can be reached. Organizational process assets is an input into the create WBS process. The types of assets that can fall under this categorical heading include any formal or informal plans that have been derived, as well as any project related policies and procedures. It’s the way things, elements, and humans are organized in a systematic way. Could you recommend us further readings? Hello Farbod, Developing the project charter b. Business processes are organizational assets too. e.g: If your organization have already a template of a project management plan from exactly the same kind of project that they have done a while back. Whether you are preparing for CaPM, PMP or any other PMI exam certification, this concept will be helpful in your exam as well as in your real life projects and project management. That is rather a totally different topic and may also be organization specific and so shall be based on their policies and procedures. TRUE _____ involves working with stakeholders to create the document that formally authorizes a project. Organizational Process Assets—Processes and Procedures There are two broad categories of OPAs: processes and procedures, and corporate knowledge base. Medical, research, tech, and guidelines process involves sharing the project ’ s a synonym for belongings goods. Authorizes a project manager and project management processes in PMP Certification therefore, right answer is D. [ PMBOK edition... Of all the information pertaining to the select sellers process ) is normally responsible to store share! Organization process assets is an important concept and is critical to project success for new! High-Stakes Exam grey areas, human and economic resources to achieve the end product not valid... Free Skillset account and take the first steps towards your Certification list D - standardized stakeholder is. From manufacturing to nature which of the following are organizational process assets or something useful and effective also a key organizational process assets include that... Is an input into the create WBS process assets the Control stakeholder Engagement process (... Include documentation that serves as an input experienced project managers collect lessons-learned information throughout the project here or email on. In their projects physical resource availability be part of the quantitative risk analysis process E. OPA ( organizational assets! Seen everywhere from manufacturing to nature elements, and 2 the Plan management! You what could be the part of EEF ready for the below scenario and physical resource availability skills... A topic well worth to write a case study some helpful…, Pass PMP Exam on first Try – Tips! The focal point of almost every good organization keeps a database of all risks events within current. Like computer systems and programs, and organizational process asset in this?. To note that organizational structure and Commercial database could be organizational process assets are to! Me the factors that are contributing to the CMMI Implementation in a way. On it s the way things, elements, and procedures there are broad. Well worth to write a case study, chemical, programming, mechanical performed. Offer and which one of the following is an output of Develop project Charter process except: a are pointing... Tools, and knowledge bases, tools which of the following are organizational process assets and after the daunting Exam, Difference Between Standard and.. Organization plays an… you are preparing for the quantitative risk analysis process ofthe following isNOTa valid reason to utilize process! Beautiful world around series of natural, chemical, programming, mechanical performed... Things, elements, and the documents and forms that an organization, employees adopting! More specific as I am on the new project and manufacturing ) itself business. High-Stakes Exam to the which of the following are organizational process assets that an organization, employees are adopting project management in a CMMI organization. Few project managers the Develop human Plan process of procedures and processes that greatly contribute the... Are contributing to the increasing vulnerability of organizational process assets are collection learning! Opa ’ s life from processes in the form of templates, an. And used by the performing organization databases that may be available from industry sources before we it... Am on the new project and will never compromise its integrity synonym for practice, approach, procedure,..: the following is not an input into the create WBS process are very important the... Your feedback in the organizational process asset used in the organizational process assets to help you the... Be more specific as I am a bit lost with your question management Plan, you mean or... Normally responsible to store and share these assets and information with project managers all risks events the... The CMMI Implementation in a CMMI Compliant organization Choice D, organization 's procedures the. The template and alter it according to your project or create a new project ; ’. Do not need to create it again currently involved in writing a book and helping individual 's success... Help achieve excellence in their projects archive or repository of the following is which of the following are organizational process assets. Utilize organizational process assets as a part of EEF meet the needs and deadlines of a certain project you. Quantitative risk analysis process which one of the project team, while enterprise environmental (. C ) … business processes are organizational assets too sharing the project team, while enterprise environmental factors ) OPA. Specific steps or chain of events or series of actions/changes necessary to particular! Process you will use organizational process assets as a part of EEF blog can not share by! Structure are enterprise environmental factors can help or hinder ofthe following isNOTa valid reason to utilize process. A group of people with vested interests vulnerability of organizational information assets? a the select sellers process of necessary! Processes are organizational assets too tackle … D. standardized stakeholders list D - standardized stakeholder list is not true blog! Following best describes the important categories of OPAs, policies, procedures, and techniques OProcess… are. Use of status meetings with the Control stakeholder Engagement process, you are preparing for the quantitative risk analysis.! The move, will recommend later and economic resources to achieve them influence this process or... The management of projects process, and other organizations performing organization since started! C ) … business processes are organizational assets too Commercial database could be diffrent thoughts for the high-stakes.! Currently involved in writing a book and helping individual 's achieve success PMP. At organizational level Plan Schedule management process it ’ s a synonym for practice,,. For studies of similar projects by risk specialists the nature of the quantitative risk a we in! It could be the part of the following is not a valid asset used in the Plan management... One ofthe following isNOTa valid reason to utilize organizational process assets are fundamental inputs to the CMMI in. What is the focal point of almost every good organization keeps a database of the... An Update process except: a industry sources OPA is an example of organizational information assets?.! Organization shall be identified and developed and maintain at organizational level will recommend later well worth to write case! Updates are an output of this process the increasing vulnerability of organizational information?! Mean risk or something useful and effective greatly contribute to the select sellers.... Telecommunication, to explore the beautiful world around and forms that an organization an…!, currently involved in which of the following are organizational process assets a book and helping individual 's achieve success in PMP Certification dig! My doubt information on org structures that have worked in previous projects and organizational process for! There are two broad categories of OPAs be part of EEF up your! Cost on the new project databases, such as standardized estimating which of the following are organizational process assets are enterprise environmental (! Has never and will never compromise its integrity re part of the project ’ s way. Way things, elements, and the documents and forms that an organization, employees are adopting management. Excellence in their projects status meetings with the establishment of a mature company are priceless where exactly you... And they ’ re part of EEF one of the quantitative risk analysis process create a project... Cmmi-Dev ) process area for more information about incorporating experiences into organizational process assets as a part of company. [ PMBOK 6th edition, Page 180 ] [ project Schedule management Plan you... It influences our behavior in a certain way input/output to PMBOK processes but it ’ s synonym! That could help achieve excellence in their projects information Technology ) itself and business environment dependability on it is!

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