Search found 1896 matches

by manishpn
Tue Jan 08, 2019 1:00 pm
Forum: PMP® Queries and Tips
Topic: Procurement Mangement Question Solve pattern
Replies: 3
Views: 1302

Re: Procurement Mangement Question Solve pattern

Yes the question can be approached that way as well
by manishpn
Tue Jan 01, 2019 1:10 pm
Forum: PMP® Queries and Tips
Topic: Procurement Mangement Question Solve pattern
Replies: 3
Views: 1302

Re: Procurement Mangement Question Solve pattern

Dear Seema, Manish or Saket Sir, I just wanted to know is my undertanding of solving question is proper or need to be improved, example is as below, Question is from Rita Book, Procurement Management assessment question No. 27) 27) Your project has just been fast tracked, and you are looking to qui...
by manishpn
Tue Jan 01, 2019 5:34 am
Forum: PMP® Open Forum
Topic: Please help with these questions
Replies: 4
Views: 1337

Re: Please help with these questions

Your project sponsor has asked for an EAC and has told you that he wants you to use ETC work considering CPI and SPI factors. You know that this formula assumes which of the following? A. There is a positive cost performance to date. B. There is a negative cost performance to date, and the project ...
by manishpn
Wed Dec 19, 2018 2:01 pm
Forum: PMP® Open Forum
Topic: Please help with these questions
Replies: 4
Views: 1337

Re: Please help with these questions

1. You joined in the middle of the project as a PM . What of the following document are you sure of updating? • Charter • Stakeholder register Nothing can be said with surety with one line question, but Charter update is less probable 2. You are on a project which has a tight deadline and failing t...
by manishpn
Thu Dec 13, 2018 2:14 pm
Forum: PMP® Queries and Tips
Topic: PMP Queries
Replies: 3
Views: 212

Re: PMP Queries

hb54792 wrote:What does it mean if the Earned Value is equal to Actual Cost?

a) CV is 0
b) There is no CV
c) There is no schedule variance
d) schedule Variance Index is 1
e) A project is on budget and on schedule


This is simple, attemt yourself and lets discuss

Thanks
Himanshu
by manishpn
Thu Dec 13, 2018 4:40 am
Forum: PMP® Exam Lessons – Success Stories
Topic: Passed PMP on 11-Dec-2018
Replies: 2
Views: 488

Re: Passed PMP on 11-Dec-2018

congratulations on your success and thanks for choosing Izenbridge.
by manishpn
Sun Dec 02, 2018 4:08 pm
Forum: PMP® Open Forum
Topic: Conduct Procurement
Replies: 4
Views: 1142

Re: Conduct Procurement

I differ with the above discussions. As per me, correction option is C - Procurement SOW created by buyer was clear but seller understood it incorrectly resulting lower bid This can be true if it was a standard commodity or a complex services procurement Sellers will be/ought to be careful in submi...
by manishpn
Mon Nov 26, 2018 11:15 am
Forum: PMP® Open Forum
Topic: Initiation
Replies: 3
Views: 482

Re: Initiation

It is a question from Joseph's quiz, I understand that Procurement docs comes in planning but to choose from the two processes of Initiating Process group , I would choose it is Identify Stakeholders . Because Contractors, suppliers / buyers all belong to stakeholders who are positively or negative...
by manishpn
Sun Nov 25, 2018 6:49 pm
Forum: PMP® Open Forum
Topic: PMP question clarification
Replies: 1
Views: 421

Re: PMP question clarification

1. Context is : Sponsor was not at all happy that there is no proper documentation that lead to production issues.Project was so tightly scheduled that the team has no time to documentation and the project could not bear the finance as it is already overbudget. what could have PM done to avoid this...
by manishpn
Sun Nov 25, 2018 6:48 pm
Forum: PMP® Open Forum
Topic: Procurement
Replies: 2
Views: 433

Re: Procurement

Context is : The organization has a good relation with sole source vendor but even after many request he is delivering a bad quality which is not meeting the client requirements .project is about to get cancel. what should a PM do..? Sorry post the exact question, if the vendor is sole, there is no...
by manishpn
Sun Nov 25, 2018 6:47 pm
Forum: PMP® Open Forum
Topic: Quality
Replies: 3
Views: 474

Re: Quality

Q. During execution PM is testing the product for every added functionality to avoid the future risk for every phase. what process is PM actually performing ? A. Quality management plan B. Planning Quality C. Control Quality D.Manage Quality This is simple try it and lets discuss after you attempt
by manishpn
Sun Nov 25, 2018 6:43 pm
Forum: PMP® Open Forum
Topic: Review and Rebaseline
Replies: 1
Views: 389

Re: Review and Rebaseline

Satya wrote:Q. What exactly does REVIEW and REBASELINE mean in context of changing Project managers.


Kindly elaborate , review and baseline concept are not related to changes to PM, if you are referring to a question post te full question
by manishpn
Sun Nov 25, 2018 6:42 pm
Forum: PMP® Open Forum
Topic: Stakehoder
Replies: 1
Views: 392

Re: Stakehoder

Q. An unknown stakeholder observes that a important functionality of the product is missing during the delivery of the product. what PM would have done to avoid this situation. A.Stakeholder would have identified very earlier. B.Review the communication management plan. C. Add the stakeholder to re...
by manishpn
Sun Nov 25, 2018 6:40 pm
Forum: PMP® Open Forum
Topic: Initiation
Replies: 3
Views: 482

Re: Initiation

Satya wrote:Q. Procurement documents belong to which process of the Initiating process group?



Not sure what do you mean , procurement documents are created during planning
by manishpn
Mon Nov 19, 2018 11:35 am
Forum: PMP® Queries and Tips
Topic: MANAGE STAKEHOLDER ENGAGEMENT - (EXECUTING )
Replies: 1
Views: 287

Re: MANAGE STAKEHOLDER ENGAGEMENT - (EXECUTING )

Hi, Change request is one of the outputs of Manage Stakeholder Engagement. A change request may be as a result of changes to Project/Product Scope (PG 528 - PMBOK6). If at all a Scope undergoes change , RISK will emerge . Question: Why is not Risk Register Updated in this Processes. OR In case a RI...
by manishpn
Mon Nov 19, 2018 10:48 am
Forum: PMP® Open Forum
Topic: Fine line between proj managemnet plan/docs updates Vs Change Request
Replies: 4
Views: 414

Re: Fine line between proj managemnet plan/docs updates Vs Change Request

Hi Manish, Request clarification on fine line when PMBOK says in its process Outputs: proj man plan/docs updates in general and Change Requests in specific. In some of the processes like planning process, in outputs it just says proj man plan/docs updates taken thru org. change control process whic...
by manishpn
Mon Nov 19, 2018 6:34 am
Forum: PMP® Exam Lessons – Success Stories
Topic: Earned PMP certificate on 14th Nov
Replies: 2
Views: 494

Re: Earned PMP certificate on 14th Nov

congratulations and thanks for choosing Izenbridge
by manishpn
Fri Nov 16, 2018 11:11 am
Forum: PMP® Open Forum
Topic: Business analysis
Replies: 5
Views: 1717

Re: Business analysis

With all due respect, with out facts/justifications, you can not simply hold on to your opinion. Its important to find Marketing teams version and have healthy counter discussions based on facts. Regards, PCS I agree with PCS, the questions does not provide enough information on arriving at any con...
by manishpn
Fri Nov 16, 2018 11:04 am
Forum: PMP® Exam Lessons – Success Stories
Topic: Passed PMP exam today!
Replies: 3
Views: 732

Re: Passed PMP exam today!

Hi Manish, I have passed my PMP exam today. It was tricky and tough for me. I would like to thank you for your help in clarifying my doubts and patiently responding to my back to back queries. Saket's explanations in his videos played a significant role in my preparation and made concepts easy to u...
by manishpn
Wed Nov 14, 2018 7:15 pm
Forum: PMP® Open Forum
Topic: Procurement
Replies: 3
Views: 1546

Re: Procurement

Hi Manish, the question is asking what PM would have done to avoid the situation. I think PM should have an alternate plan B right , is my thinking correct.But options does not specify anything like that..Depending on the situation how to trace back the questions like ' WHAT WOULD HAVE PM DONE TO A...
by manishpn
Tue Nov 13, 2018 8:13 pm
Forum: PMP® Open Forum
Topic: Procurement
Replies: 3
Views: 1546

Re: Procurement

Q.Vendor suddenly stopped the supply and is not reachable. Project is reaching the deadline. Client already mentioned not to give any surprises regarding the delivery and the quality.Project manager already revised the baselines for the delivery in the last cycle.PM hesitates to update the client a...
by manishpn
Tue Nov 13, 2018 7:41 pm
Forum: PMP® Open Forum
Topic: Business analysis
Replies: 5
Views: 1717

Re: Business analysis

yes but i would not spend time on such low quality questions
by manishpn
Tue Nov 13, 2018 11:19 am
Forum: PMP® Open Forum
Topic: Business analysis
Replies: 5
Views: 1717

Re: Business analysis

Q. Marketing people says that it is good to invest on the particular product .you are very confident that it is not going to work.Marketing people are also equally confident .what do you do as a project manager first? a. arrange a meeting b. Be yourself and stick to idea c.get convinced if you are ...
by manishpn
Mon Nov 05, 2018 10:21 am
Forum: PMP® Open Forum
Topic: Change control
Replies: 4
Views: 611

Re: Change control

Context is: A project was about to get delivered but got stuck with an issue at the final stage .This is resolved by the team member that added a good functionality to the project but they did not perform the integrated change control process. what should a PM do? a. Team member needs to be fired b...
by manishpn
Mon Oct 29, 2018 12:28 pm
Forum: PMP® Queries and Tips
Topic: Deliverable
Replies: 3
Views: 537

Re: Deliverable

Unable to understand. So, after the first version, change control can be applied on the deliverables like scope, schedule etc schedule is not a deliverable Deliverable is a tangible product or part of it or a service. You can apply change control to overall scope, at any time. but not on the delive...
by manishpn
Thu Oct 25, 2018 7:46 pm
Forum: PMP® Open Forum
Topic: Manage Stakeholder
Replies: 7
Views: 755

Re: Manage Stakeholder

Hi Manish, Why in manage Stakeholder process, they are sharing info? That's is the job of Manage communication process. communication skill is about how effectively you can communicate to stakeholder to understand their concerns, get feedback from them etc, this is not same as communication methods...
by manishpn
Thu Oct 25, 2018 7:44 pm
Forum: PMP® Queries and Tips
Topic: Overall Project Risk
Replies: 1
Views: 292

Re: Overall Project Risk

not sure what you mean?
Overall project risk is known when all individual project risks are identified and analysed.
You may have situation when no quantitative analysis is needed for any risks in the project
by manishpn
Thu Oct 25, 2018 7:41 pm
Forum: PMP® Queries and Tips
Topic: Risk Management Question
Replies: 2
Views: 368

Re: Risk Management Question

Hi Manish, Please help in the below question: A project manager has just finished the risk response plan for a USD 387,000 engineering project. Which of the following should he probably do next? A. Determine the overall risk rating of the project - This would have already been done to some extent w...
by manishpn
Thu Oct 25, 2018 7:33 pm
Forum: PMP® Queries and Tips
Topic: Assessment of other Risk Parameters - Qualitative Risk Analysis
Replies: 1
Views: 483

Re: Assessment of other Risk Parameters - Qualitative Risk Analysis

Dormancy of a risk: High dormancy of risk (Risk materialized but takes longer time to impact; low Dormancy of Risk - risk materialized but takes lesser time to impact. which of them should be prioritized? Thank you. there is no general black and white answer to this. prioritization depends on many ...
by manishpn
Thu Oct 25, 2018 7:29 pm
Forum: PMP® Queries and Tips
Topic: Monitor Risks
Replies: 2
Views: 518

Re: Monitor Risks

If we identify a risk in monitor risks process then we have to do the prioritization process (Qualitative and if required then quantitative analysis), plan the risk responses, and implement the risk responses in the project management plan. My query is that the above mentioned entire risk managemen...
by manishpn
Thu Oct 25, 2018 7:27 pm
Forum: PMP® Queries and Tips
Topic: Procurement Strategy - Delivery methods
Replies: 2
Views: 345

Re: Procurement Strategy - Delivery methods

nuFor industrial or commercial construction, project delivery methods include but are not limited to: turnkey design build (DB) , .- This is fixed price design bid build (DBB), - This is 2 phased approach, sperate bid for design and actual construction, they can be same or different vendors, build o...
by manishpn
Thu Oct 25, 2018 7:13 pm
Forum: PMP® Queries and Tips
Topic: Procurement Management integration with other processes
Replies: 2
Views: 376

Re: Procurement Management integration with other processes

Hi Manish, As per PMBOK, procurement management plans defines how the procurement work is coordinated and integrated with other project work, particularly with resources, schedule and budget. I need to know how they integrate with other processes, below I am mentioning my understanding: Resource Ma...
by manishpn
Thu Oct 25, 2018 7:05 pm
Forum: PMP® Queries and Tips
Topic: Contract - Written or Verbal
Replies: 2
Views: 327

Re: Contract - Written or Verbal

if its verbal its an agreement, not a contract, but can be treated as legally binding in some countries
many companies sales rep can sell you a subscription etc over phone then they record you consent and is considered as an verbal agreement
by manishpn
Thu Oct 25, 2018 7:02 pm
Forum: PMP® Queries and Tips
Topic: T&M and Cost Reimbursable
Replies: 2
Views: 329

Re: T&M and Cost Reimbursable

Hi Manish, Doesn't the buyer pay the actual expense occured by the seller (+the fee of the seller as agreed) in T&M and Cost Reimbursable contracts? Cost Reimbursable : Actual cost incurred plus agreed fees T&M : hourly rates based on hours consumed/spent , T and M does not have any reimbur...
by manishpn
Thu Oct 25, 2018 6:53 pm
Forum: PMP® Queries and Tips
Topic: Deliverable
Replies: 3
Views: 537

Re: Deliverable

Hi Manish, In D&M project work, it says that change control should be applied once the first version of a deliverable has been completed? What does it mean? [u] Lets say you are delivering a website for an ecom company, there is a deliverable in terms of module for delivering payment interface ...
by manishpn
Sat Oct 20, 2018 7:57 pm
Forum: PMP® Open Forum
Topic: Communication Model
Replies: 1
Views: 283

Re: Communication Model

duplicate post have replied before in other section
by manishpn
Sat Oct 20, 2018 7:56 pm
Forum: PMP® Open Forum
Topic: Manage Stakeholder
Replies: 7
Views: 755

Re: Manage Stakeholder

Hi Manish, But, sharing info/artificats, as per the frequency is done in manage communication process? Manage Stakeholder is about engaging with the SHs to understand their expectations, requirements, need etc? information is shared using manage communications methods of communication - like email,...
by manishpn
Sat Oct 20, 2018 7:52 pm
Forum: PMP® Queries and Tips
Topic: Communication Model
Replies: 1
Views: 238

Re: Communication Model

duplicate post
by manishpn
Sat Oct 20, 2018 7:52 pm
Forum: PMP® Queries and Tips
Topic: Communication Model
Replies: 2
Views: 323

Re: Communication Model

Hi Manish, In the sample interactive communication model, who is ultimately responsible to ensure that the message has been understood by the receiver? Is it the sender, receiver or both of them. Please help me understand. Thank you. Salman Its clearly mentioned in PMBOK, the responsibilities are d...
by manishpn
Sat Oct 20, 2018 7:43 pm
Forum: PMP® Queries and Tips
Topic: Cost estimates - Input to Identify Risk
Replies: 4
Views: 427

Re: Cost estimates - Input to Identify Risk

Thank you so much Manish, very helpful. So the same logic should be applied in estimate resources process? By the same logic, resource requirement should be in range? If in range, then where we get the definite no for resource requirement? Is it in acquire resources process? Just like we get a defi...
by manishpn
Sat Oct 20, 2018 7:39 pm
Forum: PMP® Queries and Tips
Topic: Plan Risk Responses - Management Reserve
Replies: 2
Views: 293

Re: Plan Risk Responses - Management Reserve

Hi Manish, If the risk doesn't materialize and the risk response plan remains unutilised, so the reserve created i.e cost reserve would go into management reserve or it would be returned to the organisation? returned back to the Project Sponsors budget, Sponsor can decide where does that money shou...
by manishpn
Sat Oct 20, 2018 7:34 pm
Forum: PMP® Queries and Tips
Topic: organizational systems
Replies: 1
Views: 531

Re: organizational systems

Hi what is the difference between governance framework and organizational structure type? Not sure what exactly do you mean. framework relates to how rules, policies, reporting, etc is for an organization Organization structure is how the various units within the organizations are structures, irres...
by manishpn
Sat Oct 20, 2018 7:22 pm
Forum: PMP® Queries and Tips
Topic: Plan Risk Responses
Replies: 2
Views: 314

Re: Plan Risk Responses

Hi Manish, In Plan Risk Responses, PMBOK says that secondary risk should also be identified. So in this case, do PMs have to plan the risk responses for secondary risks as well Yes for all identified risks PM should have a plan. and include the responses in the respective project management plan an...
by manishpn
Sat Oct 20, 2018 7:05 pm
Forum: PMP® Queries and Tips
Topic: Mock Question
Replies: 2
Views: 310

Re: Mock Question

Q. You were monitoring one core stakeholder’s engagement level, and you found he was becoming neutral from supportive; you spoke to the stakeholder and found that he is not finding enough opportunity to engage with the project team, what should you do next? Raise an issue. Make changes in stakehold...
by manishpn
Sat Oct 20, 2018 6:56 pm
Forum: PMP® Queries and Tips
Topic: Cost estimates - Input to Identify Risk
Replies: 4
Views: 427

Re: Cost estimates - Input to Identify Risk

Hi Manish, In identify Risk inputs, in project documents PMBOK mentions Cost estimates and says "ideally expressed as a range, indicating the degree of risk". The cost estimates are aggregated in determine budget process, so my understanding is that cost estimates are not in range, they a...
by manishpn
Sat Oct 20, 2018 3:33 pm
Forum: PMP® Queries and Tips
Topic: Mock Question - Clarification Needed
Replies: 1
Views: 289

Re: Mock Question - Clarification Needed

Hi Manish, In the below questions: Q.1. The Technical Architect of your company is an expert in technology your team is working in; he is designated as a consultant to your project for all technical needs, which of the following stakeholder management strategy would be most appropriate for this tec...
by manishpn
Fri Oct 19, 2018 9:50 am
Forum: PMP® Open Forum
Topic: Stakeholder Management
Replies: 2
Views: 302

Re: Stakeholder Management

CAN I REQUEST YOU to POST YOUR QUESTIONS IN EXCLUSIVE SECTION FOR FASTER RESPONSE Identify Stakeholder process mentions Prioritization in T&T and again Prioritization is mentioned in Plan Stakeholder Engagement process in the T&T? Where prioritization actually gets performed. If in both the...
by manishpn
Fri Oct 19, 2018 9:33 am
Forum: PMP® Open Forum
Topic: Manage Stakeholder
Replies: 7
Views: 755

Re: Manage Stakeholder

In the manage Stakeholder process's T&T, Communication Skills is mentioned, which says that "The methods of Communication identified for each stakeholder in the communication management plan are applied during Stakeholder engagement Management". I believe that methods they are referri...
by manishpn
Fri Oct 19, 2018 9:32 am
Forum: PMP® Open Forum
Topic: Rita Question
Replies: 3
Views: 440

Re: Rita Question

A project manager had a complex problem to solve and facilitated a team decision about what needed to be done. A few months later, the problem resurfaced. What did the project manager most likely NOT do? A. Perform proper risk analysis B. Confirm the desision solve the problem C. Have the project s...

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