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by Pashi
Thu Sep 25, 2014 8:52 pm
Forum: PMP® Exam Lessons – Success Stories
Topic: Cleared PMP Exam with 5 Proficient
Replies: 7
Views: 2482

Re: Cleared PMP Exam with 5 Proficient

Congratulations ! :D
by Pashi
Mon Jun 02, 2014 4:44 am
Forum: PMP® Exam Lessons – Success Stories
Topic: Passed PMP - Done and Dusted for Good ! :)
Replies: 5
Views: 1143

Passed PMP - Done and Dusted for Good ! :)

Finally I cleared my PMP on 27th May :D . My lessons learnt are no different than most of us here: I joined Saket's boot camp classes (35 hours PDU) in Jan 2013 and was planning to appear for exam by Mid April but I think fate had something else in store. As soon as I finished the classes, I moved t...
by Pashi
Sat May 24, 2014 6:50 pm
Forum: PMP® Open Forum
Topic: Monitor and Control
Replies: 5
Views: 898

Re: Monitor and Control

1. Issue a change request only means that this change needs to be evaluated and discussed before taken forward once PM reviews and collects all facts whether the change is actually needed or not, he issues a CR which is then evaluated by CCB. So it's a 2 step process..correct? My understanding from...
by Pashi
Sat May 24, 2014 4:51 am
Forum: PMP® Open Forum
Topic: Preventive Vs Corrective.
Replies: 11
Views: 3438

Re: Preventive Vs Corrective.

Great.. Thanks Saket.
by Pashi
Sat May 24, 2014 4:45 am
Forum: PMP® Open Forum
Topic: Monitor and Control
Replies: 5
Views: 898

Re: Monitor and Control

Hello Saket,

Question is from Scordo.
by Pashi
Sat May 24, 2014 12:49 am
Forum: PMP® Open Forum
Topic: Preventive Vs Corrective.
Replies: 11
Views: 3438

Preventive Vs Corrective.

I came across this question from Scordo and I selected (B) According to PMBOK - Preventive Action - An intentional activity that ensures the future performance of the project work is aligned with the project management plan. Corrective Action -An intentional activity that realigns the performance of...
by Pashi
Sat May 24, 2014 12:41 am
Forum: PMP® Open Forum
Topic: Monitor and Control
Replies: 5
Views: 898

Monitor and Control

My understanding - Problem arises > PM does analysis - If problem is genuine then collect all the facts > Consult with Senior Managers(If given as an option), Sponsors > Inform Stake holders >file a CR. For the question attached, key word is - Need is felt , So i assumed that there is a marginal pro...
by Pashi
Fri May 23, 2014 2:33 am
Forum: PMP® Open Forum
Topic: Question on NPV
Replies: 11
Views: 1780

Re: Question on NPV

Crystal Clear !! :mrgreen: Thanks!!
by Pashi
Mon May 19, 2014 9:22 pm
Forum: PMP® Open Forum
Topic: Question on Cost baseline
Replies: 3
Views: 805

Re: Question on Cost baseline

Thanks Saket.
your response suggest that I am thinking straight and looking out for correct things to eliminate wrong answers. :ugeek:
by Pashi
Mon May 19, 2014 9:19 pm
Forum: PMP® Open Forum
Topic: Project terminated vs Closed
Replies: 3
Views: 1852

Re: Project terminated vs Closed

Thanks for your inputs Saket and M L.
I got 2 questions with same word - Post-Mortem and answers were directly linked to project being terminated early.

So for now, I am taking this as a rule of thumb (Unless question uses a third term to confuse me :) )
by Pashi
Mon May 19, 2014 4:15 am
Forum: PMP® Open Forum
Topic: Question on NPV
Replies: 11
Views: 1780

Re: Question on NPV

Thanks M L

Option D is correct. Can you please share your calculation steps ?
by Pashi
Mon May 19, 2014 1:49 am
Forum: PMP® Open Forum
Topic: Project terminated vs Closed
Replies: 3
Views: 1852

Project terminated vs Closed

How do you know if project was terminated early or finished successfully? Lehmann's Q: 92. Post-mortem analysis after scheduled finish date of a project shows a CPI of 0.8 and an SPI of 1.25. What is a plausible explanation for that? The project was terminated early. At that time, it was over budget...
by Pashi
Mon May 19, 2014 1:18 am
Forum: PMP® Open Forum
Topic: Question on Cost baseline
Replies: 3
Views: 805

Question on Cost baseline

For the attached question, here's my analogy (please let me know if my approach is correct or not) Cost Baseline is an output of Determine Budget. . So - Option C - Direct input to DETERMINE BUDGET hence Wrong option. Option B - Although WBS and WBS dictionary are not directly used as an input BUT a...
by Pashi
Mon May 19, 2014 12:49 am
Forum: PMP® Open Forum
Topic: Project Planning question
Replies: 2
Views: 695

Project Planning question

Hello Saket,
For the given question, which concept needs to be applied to figure out the correct answer ?
C - is definitely not the right answer as Schedule compression technique would be needed which may introduce more risk and cost.
What about others?
by Pashi
Mon May 19, 2014 12:29 am
Forum: PMP® Open Forum
Topic: Question on Profit and Net revenue
Replies: 2
Views: 773

Question on Profit and Net revenue

Encountered this question (PFA) in Oliver L.
I opted (A) by the logic to calculate PROFIT. However correct ans is (C). Can you please help me understand how? :?
by Pashi
Mon May 19, 2014 12:25 am
Forum: PMP® Open Forum
Topic: Question on NPV
Replies: 11
Views: 1780

Question on NPV

How is the result calculated ?
Source - oliverlehmann
by Pashi
Sat May 10, 2014 5:06 am
Forum: PMP® Open Forum
Topic: Scope Management Question
Replies: 11
Views: 1851

Re: Scope Management Question

Hello Indu,

Thanks for diving one step deeper, I was just trying to understand the precedence level with new options :) ..

Small correction though.. its Pashi and not Shraddha :lol:
by Pashi
Fri May 09, 2014 8:34 pm
Forum: PMP® Open Forum
Topic: Scope Management Question
Replies: 11
Views: 1851

Re: Scope Management Question

Thanks Indu, Saket and Yogesh. My first answer was 'Team', going by the logic of BEST aid of WBS is for the TEAM. But the bottom line I am getting is that since stakeholder is a Union of Team+Customer, we need to take that into account. How about if Stakeholder option is removed and replaced by rand...
by Pashi
Thu May 08, 2014 5:41 am
Forum: PMP® Open Forum
Topic: Scope Management Question
Replies: 11
Views: 1851

Scope Management Question

1 - The WBS can BEST be thought of as an effective aid for____________ Communications.
a-Team
b-Customer
c-Stakeholder
d-Project Manager
by Pashi
Fri May 02, 2014 3:48 am
Forum: PMP® Open Forum
Topic: Work Performance Information / Data
Replies: 4
Views: 828

Re: Work Performance Information / Data

Work Performance Data is the “as of now” status of the project status, it provides you the current status of the project. Examples of Work Performance Data are the actual cost spent, actual time elapsed, etc. In Work Performance Information, you take Work Performance Data and do comparison between t...
by Pashi
Tue Jan 21, 2014 6:26 am
Forum: PMP® Exam Lessons – Success Stories
Topic: coolnenapirali is PMP certified now... :-)
Replies: 9
Views: 1908

Re: coolnenapirali is PMP certified now... :-)

Congratulations coolnenapirali :) ..Way to go !
by Pashi
Sun Jan 19, 2014 3:25 am
Forum: PMP® Queries and Tips
Topic: project scope management
Replies: 7
Views: 1369

Re: project scope management

It's a close call between (A) and (B) but I would go with (B) - Verification. :ugeek: and here's why - If we go by PMBOK Definition - Validation - The assurance that a product, service, or system meets the needs of the customer and other identified stakeholders. It often involves acceptance and suit...
by Pashi
Sun Jan 19, 2014 3:16 am
Forum: PMP® Queries and Tips
Topic: Resource Smoothing example
Replies: 3
Views: 1458

Re: Resource Smoothing example

Resource leveling is a technique used to examine unbalanced use of resources (usually people or equipment) over time, and for resolving over-allocations or conflict. Some times only one resource can do a given activity. If that resource is busy doing another activity on the critical path, the path i...
by Pashi
Fri Jan 03, 2014 4:44 am
Forum: PMP® Open Forum
Topic: Webinar on Critical Path : Q2
Replies: 4
Views: 1050

Re: Webinar on Critical Path : Q2

My Bad. I assumed a lead of 2 days!

Uploading the solution with right Lead.

Total project Duration is 10 Days.
by Pashi
Fri Jan 03, 2014 4:38 am
Forum: PMP® Open Forum
Topic: Webinar on Critical Path : Q1
Replies: 2
Views: 754

Re: Webinar on Critical Path : Q1

Since no relationship type between activity B and C is defined, hence assuming its a FS type of relationship by default.

Based on that, the project duration is 18 Days.
by Pashi
Fri Jan 03, 2014 4:30 am
Forum: PMP® Open Forum
Topic: Webinar on Critical Path : Q2
Replies: 4
Views: 1050

Re: Webinar on Critical Path : Q2

Project Duration = 11 days.
by Pashi
Fri Jan 03, 2014 4:13 am
Forum: PMP® Open Forum
Topic: Webinar on Critical Path: Q3
Replies: 2
Views: 813

Re: Webinar on Critical Path: Q3

Please see attached the solution.
My answer is 15 days.
by Pashi
Fri Jan 03, 2014 3:48 am
Forum: PMP® Open Forum
Topic: Webinar on Critical Path : Q4
Replies: 2
Views: 794

Re: Webinar on Critical Path : Q4

No. of possible Paths from Start to End -

ACE = 18
BDE = 13
BCE = 18

Since their are 2 routes with same highest duration,it means that a delay in any one of those tasks will cause a delay to the completion of the project. Hence both ACE and BCE are critical paths.
by Pashi
Fri Jan 03, 2014 3:33 am
Forum: PMP® Open Forum
Topic: Webinar Critical Path : Q5
Replies: 2
Views: 901

Re: Webinar Critical Path : Q5

Please see attached the solution. i) - Critical Path - ACDF 4 possible Paths - ACDF = 27 ABDF = 22 ACDE = 24 ABDE = 19 Since ACDF = 27, is the longest path, hence the CRITICAL PATH. ii) Float on each Activity- Critical path = ACDF and float on all activities on Critical path = 0, so - Float on A = 0...

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