## Search found 1409 matches

Sat Jul 22, 2017 11:54 am
Forum: PMP® Open Forum
Topic: Regarding PMP experience filling in application
Replies: 1
Views: 18

### Re: Regarding PMP experience filling in application

try our calculator to check your eligibility

https://www.izenbridge.com/pmp/eligibilitycalculator/

if you are eligible you can write for support@izenbridge.com for help with application
Sat Jul 22, 2017 11:35 am
Forum: PMP® Open Forum
Topic: Range of Estimates
Replies: 1
Views: 20

### Re: Range of Estimates

Rough order of Estimate went down from -25 % - 75% to new Definitive estimate -10% - + 10%. Old Budgeted Range was \$3M to \$5M . What could be the new range while using definitive estimate. Answer : Calculate the Mean = (3+5) x .5 = \$4M New Range = .9x4 = \$3.6 M and 1.1 x 4 = \$4.4 New Range \$3.6M to...
Sat Jul 22, 2017 11:32 am
Forum: PMP® Open Forum
Topic: Expert Judgement
Replies: 1
Views: 22

### Re: Expert Judgement

usually PM has to be careful approaching any competition as this may potentially spill sensitive information about the project. I have never in my life taken an expert advice from competition :) so it would be rare situation where a competition is approached for advice, for e.g. in some countries ba...
Sat Jul 22, 2017 11:27 am
Forum: PMP® Open Forum
Topic: Contract Award
Replies: 1
Views: 13

### Re: Contract Award

When Contract is awarded by Procurement Department and Procurement Manager along with Contract Administrator is responsible awarding contract though Project Manager's participation is sometimes required. But who will finally sign off for the contract from buyer side.Project Sponsor's involvement as...
Sat Jul 22, 2017 10:09 am
Forum: PMP® Open Forum
Topic: Pareto Chart
Replies: 1
Views: 10

### Re: Pareto Chart

Pareto Principle does not demand that the 80:20 ratio applies to every situation, and neither is the model based on a ratio in which the two figures must add up to 100. So the examples used here are not statistical facts; the 80-20 ratio is used to show that the Pareto distribution principle can be ...
Sat Jul 22, 2017 10:00 am
Forum: PMP® Open Forum
Topic: Project Selection Method
Replies: 1
Views: 12

### Re: Project Selection Method

Which of the following project selection methods is not a comparative approach (or benefit measurement model)? A Linear programming this method is contraint optimization method, refer to thread http://forum.izenbridge.com/viewtopic.php?f=10&t=1901&p=6967&hilit=Linear+programming#p6967 C...
Sat Jul 22, 2017 9:43 am
Forum: PMP® Open Forum
Topic: Ethics Question
Replies: 3
Views: 28

### Re: Ethics Question

As I said question is not of good quality but understand that option #3 is only an option if situation in question mentions that PM is lacking experience to many any decisions due to lack of experience,
Sat Jul 22, 2017 9:32 am
Forum: PMP® Open Forum
Topic: Stakeholders Engagement
Replies: 1
Views: 49

### Re: Stakeholders Engagement

One stakeholder comes to you and asks why this project is delayed? You explain that we are proceeding as per schedule, but he shows you the project charter and dates given in project charter is already passed by, what is wrong here? 1.Project Manager is not taking care of commitments made in projec...
Fri Jul 21, 2017 6:27 pm
Forum: PMP® Queries and Tips
Topic: PMP Exam Preparation -26th July 2017
Replies: 2
Views: 115

### Re: PMP Exam Preparation -26th July 2017

Dear All I would be sitting for my PMP exam on the 26th July 2017. I have just concluded my knowledge area quiz and would be attempting the following, Sorry for the late response as i was on vacation. 1. Run Thorough quickly each knowledge area again through the slides/PMBOK where applicable and at...
Fri Jul 21, 2017 5:05 pm
Forum: PMP® Open Forum
Topic: Ethics Question
Replies: 3
Views: 28

### Re: Ethics Question

Question: Project Manager has given high authority to take decisions but in project decision he has lack of experience. In this regards, what project manager has to do: 1. Take decision even though he has lack of experience. 2. Seek for Expert Judgement 3. Inform the higher management about his lac...
Fri Jul 21, 2017 4:56 pm
Forum: PMP® Open Forum
Topic: Stakeholder Engagement
Replies: 1
Views: 43

### Re: Stakeholder Engagement

Question Rob, is Project Manager for a Satellite development program which runs for 4 years and it has been decided to split it in logical phases to make it more manageable. There is a cost cutting initiative in his organization and Rob finally got his budget approved from Martin (his sponsor) afte...
Fri Jul 21, 2017 4:54 pm
Forum: PMP® Open Forum
Topic: Estimation Techniques
Replies: 1
Views: 21

### Re: Estimation Techniques

How we can decide estimation techniques based on project execution in specific industry? Means how to decide technique for software project or construction ? Estimation technique are usually not dependent on which industry is project been executed. but based on how much knowledge Project has from p...
Fri Jul 21, 2017 4:41 pm
Forum: PMP® Open Forum
Topic: PMP APPLICATION 4500 HOURS
Replies: 1
Views: 40

### Re: PMP APPLICATION 4500 HOURS

Fri Jul 21, 2017 4:40 pm
Forum: PMP® Open Forum
Topic: Exam Question
Replies: 3
Views: 40

### Re: Exam Question

yes you can get such questions in exam ,
Tue Jul 11, 2017 2:41 pm
Forum: PMP® Queries and Tips
Replies: 1
Views: 118

The project charter should be authored by the sponsoring entity. (PMBOK 5E, pg-67) If our organization’s portfolio manager received SoW & agreement from a buyer organization's procurement dept, then who is the Sponsoring entity? BR// Jahirul Not sure about your question. if someone receives SOW...
Tue Jul 11, 2017 2:39 pm
Forum: PMP® Open Forum
Topic: Practiced Conflict Resolution System
Replies: 2
Views: 101

### Re: Practiced Conflict Resolution System

I dont think there is any recommendation or statistics collected to support this, however if i go with elimination then option 1 and 2 are eliminated as it has force.

from 3 and 4. I will prefer 4, as Authoritative is not a conflict resolution technique
Tue Jul 11, 2017 2:32 pm
Forum: PMP® Open Forum
Topic: Close Project
Replies: 1
Views: 83

### Re: Close Project

I have explained in this in clarification session, some of the team members can be released at the start of project closure. however final step would be to release the remaining team from project
Tue Jul 11, 2017 2:30 pm
Forum: PMP® Open Forum
Topic: Human Resource Management
Replies: 1
Views: 59

### Re: Human Resource Management

Except for personal matters, PM can delegate all other tasks , especially in large projects,

I would not waste my time on such questions
Tue Jul 11, 2017 2:26 pm
Forum: PMP® Open Forum
Topic: Expected Monetary value
Replies: 2
Views: 84

### Re: Expected Monetary value

we encourage the students to do the math by yourself and lets than discuss.

If you get ready answer for maths you will not be able to learn
Tue Jul 11, 2017 2:11 pm
Forum: PMP® Exam Lessons – Success Stories
Topic: Passed PMP - First attempt - 3P & 2 MP
Replies: 2
Views: 289

### Re: Passed PMP - First attempt - 3P & 2 MP

Congratulations, and thanks for providing your feedback, we will work on your suggestions
Tue Jul 11, 2017 2:08 pm
Forum: PMP® Exam Lessons – Success Stories
Topic: Passed PMP
Replies: 2
Views: 136

### Re: Passed PMP

congratulations and wish you all the best
Sun Jul 09, 2017 12:30 pm
Forum: PMP® Open Forum
Topic: Scope
Replies: 3
Views: 82

### Re: Scope

In construction project, PM is creating documents that will define the product or report status on product completion. These can also be referred to as: 1 Project documents 2 Project management plan 3 Scope baseline 4 Scope management plan Correct Answer 1. My Answer is option 4. Can somebody Ellua...
Sun Jul 09, 2017 12:19 pm
Forum: PMP® Open Forum
Topic: Ethical Question
Replies: 6
Views: 157

### Re: Ethical Question

YOu need to understand that Project management is industry agnostic skill. which means a project manager is not certified to work only in construction or IT When you get certified by PMI its for project management across board. Remember this for Exam. So for given question option #3 is best as if yo...
Sun Jul 09, 2017 12:16 pm
Forum: PMP® Open Forum
Topic: Reg output of Plan Communications Management
Replies: 2
Views: 77

### Re: Reg output of Plan Communications Management

Yes I agree with Dsharma, When project develops CMP, there can be additional requirements on project on the way and means of communications. For example , if there is a requirement for video conference calling , then team needs to set it up which may need time also note that even resource requiremen...
Thu Jul 06, 2017 7:11 pm
Forum: PMP® Open Forum
Topic: Control Schedule
Replies: 4
Views: 136

### Re: Control Schedule

kapil.bhauryal wrote:I will go with Option 3. Project manager takes the anticipated changes through the change control process.

I agree with Kapil.

please refer to Pag 186 in PMBOK.
Thu Jul 06, 2017 5:53 pm
Forum: PMP® Open Forum
Replies: 2
Views: 85

Question :Your project is in the execution stage. NPV of your project is -\$150,000 and IRR is 4%. CPI is 1.3 and SPI is 0.7 What is the recommended action? 1 Cancel the project since NPV is negative 2 Cancel the project since IRR is very low 3 Crash your project 4 Try to improve the NPV as far as m...
Wed Jul 05, 2017 5:00 pm
Forum: PMP® Open Forum
Topic: Quality
Replies: 6
Views: 135

### Re: Quality

Question : Which of the following statements about "Quality" and "Grade" is correct? A. Grade is a rank given to entities having the same functional use but different technical characteristics. B. Low quality product may be of high grade. C. Low grade product may be of high qual...
Wed Jul 05, 2017 4:51 pm
Forum: PMP® Open Forum
Topic: Quality
Replies: 6
Views: 135

### Re: Quality

VCAB wrote:Can question like this come the exam!!!!!

Usually not in the same format but a situation can come which can challenge your knowledge about quality and Grade
Wed Jul 05, 2017 5:25 am
Forum: PMP® Open Forum
Topic: Similiarity IT/Construction Project Management
Replies: 2
Views: 84

### Re: Similiarity IT/Construction Project Management

You are a project manager in an IT company. You have recently received an offer as a project manager in a construction company offering a 20% salary increase. You have excellent technical knowledge in the IT field, but do not have much exposure to the construction industry. In this context, 1 You s...
Mon Jul 03, 2017 11:51 am
Forum: PMP® Open Forum
Topic: Project Closure
Replies: 2
Views: 93

### Re: Project Closure

I would agree with Kapil.

As far as contract scope is completed and all obligations fulfilled PM should move for contract closure.
Sat Jul 01, 2017 7:45 am
Forum: PMP® Open Forum
Topic: Project Status
Replies: 2
Views: 110

### Re: Project Status

In the home construction project, the CPI is 0.80 and SPI are 1.2. What could be the best possible reason? 1 A critical resource went on sick leave for a long period of time, which had not been anticipated earlier. 2 The cost of raw materials required for construction increased by 15%. You had anti...
Thu Jun 29, 2017 9:29 am
Forum: PMP® Mock Exams Open Questions
Topic: Avoiding Vs Mitigating Risk
Replies: 6
Views: 365

### Re: Avoiding Vs Mitigating Risk

based on the information provided its difficult to conclude for sure but my impression is that adding resource to project is a risk mitigation as, its only going to reduce the probability or impact of risk not eliminate it, Risk avoidance is on other hand actions taken by project to eliminate risk t...
Thu Jun 29, 2017 9:14 am
Forum: PMP® Open Forum
Topic: PMI Code of Ethics
Replies: 2
Views: 101

### Re: PMI Code of Ethics

The Project Manager is discussing her project with a close friend and colleague in the same company. She is worried that your project is behind schedule and over budget. Her(PM) colleague explained how she was able to bring her project back on schedule by taking out some non-critical tasks from the...
Thu Jun 29, 2017 8:43 am
Forum: PMP® Open Forum
Topic: Project Network Diagram
Replies: 1
Views: 75

### Re: Project Network Diagram

i would request you to draw your own SND take a picture and upload it, then we can discuss
Thu Jun 29, 2017 8:42 am
Forum: PMP® Open Forum
Topic: Risks in Contract Types!
Replies: 4
Views: 162

### Re: Risks in Contract Types!

My mistake it is true it can be used to transfer liabilities but if its not in original contract then it has to be amdended,
Wed Jun 28, 2017 8:44 pm
Forum: PMP® Open Forum
Topic: Risks in Contract Types!
Replies: 4
Views: 162

### Re: Risks in Contract Types!

In your project, you have been sub-contracting your development work to three consultancy firms. Which of the following statements about transferring risk to a contractor is not true? the question is asking which one of the following is FALSE. lets do elimination 1 Risk transference nearly always i...
Wed Jun 28, 2017 8:12 am
Forum: PMP® Open Forum
Topic: WORK AROUND IN RISK MANAGEMENT
Replies: 3
Views: 123

### Re: WORK AROUND IN RISK MANAGEMENT

Management reserve is used for unkown unkonwn. so for risks which were not identified earlier management reserve can be used

however for risk which were identified but no response was planned, and for such risks when you use workarounds, management reserves cannot be used
Mon Jun 26, 2017 7:39 pm
Forum: PMP® Open Forum
Topic: Procurement problem
Replies: 5
Views: 181

### Re: Procurement problem

This is not purely a procurement question, its about calculating target fees (profit) based on point of total assumption formula. Its rarely seen in exm however if you still want to try, i always recommend that you do your math and post it here for discussion, if you get ready answers for maths its ...
Mon Jun 26, 2017 7:36 pm
Forum: PMP® Open Forum
Topic: Benefit Cost Ratio - Interpretation Question
Replies: 10
Views: 766

### Re: Benefit Cost Ratio - Interpretation Question

yes not a good quality question i must say,

but as i mentioned in last weeks clarification session we should always look for BCR ratio where Benifit is divided by cost.
Sun Jun 25, 2017 2:19 pm
Forum: PMP® Open Forum
Topic: Ethics Question
Replies: 3
Views: 127

### Re: Ethics Question

Question : During an informal discussion Prooject Manager had with another PMP certificant, he mentioned how he was able to sit for the PMP Certification exam two years ago by using false contact hour certificates. PM should: 1 Report this to PMI 2 Report this to his supervisor 3 Do nothing, since ...
Sun Jun 25, 2017 2:17 pm
Forum: PMP® Open Forum
Topic: Ethics Question.
Replies: 3
Views: 97

### Re: Ethics Question.

agree with makarand and Kapil .
Sun Jun 25, 2017 2:16 pm
Forum: PMP® Open Forum
Topic: Probability and Impact
Replies: 2
Views: 90

### Re: Probability and Impact

These type of questions are rare in exam, I am not an expert on probability theory calculations,

if you are aware of the answer kindly share with others as well.

Please note that this is not related to depreciation or impact.
Sun Jun 25, 2017 2:13 pm
Forum: PMP® Open Forum
Topic: Stakeholder Engagement
Replies: 3
Views: 107

### Re: Stakeholder Engagement

Stakeholder Unaware Resistant Neutral Supportive Leading Sponsor C D (What does this mean? stakeholder is at which level of engagement at this stage?) CEO C D Team Member C/D C = Current Engagement Level; D = Desired Engagement Level without really going into the details of the options , Sponsor en...
Fri Jun 23, 2017 8:18 pm
Forum: PMP® Open Forum
Topic: Benefit Cost Ratio - Interpretation Question
Replies: 10
Views: 766

### Re: Benefit Cost Ratio - Interpretation Question

Yes I agree option A is the best choice
Fri Jun 23, 2017 8:15 pm
Forum: PMP® Open Forum
Topic: Stakeholder Engagement
Replies: 3
Views: 107

### Re: Stakeholder Engagement

Not able to understand the matrix in question and options provided and what
If possible attach the picture of the question as your text is confusing
Mon Jun 19, 2017 11:07 am
Forum: PMP® Open Forum
Topic: Could not understand Schedule method, schedule model in Time Management
Replies: 1
Views: 117

### Re: Could not understand Schedule method, schedule model in Time Management

Hi,

this is very broad topic and cnnot be typed and explained on forum.
Saket mentions about third party tools that are standard tools available in market
Mon Jun 19, 2017 11:03 am
Forum: PMP® Open Forum
Topic: Stakeholder Management
Replies: 6
Views: 201

### Re: Stakeholder Management

I would pick: 1.Take into account risk tolerance (choosing the ans by elimination method) And to my understanding , working on Risk Tolerance would be PM and PM Teams responsibility rather than Sponsor/Customer , although Sponsor/Customer would contribute initially in giving their inputs for Risks ...
Sun Jun 18, 2017 8:20 pm
Forum: PMP® Open Forum
Topic: HR Management
Replies: 2
Views: 120

### Re: HR Management

I agree with both of you,
Sun Jun 18, 2017 8:18 pm
Forum: PMP® Open Forum
Topic: Communication Management
Replies: 1
Views: 77

### Re: Communication Management

Briefing is a form of formal verbal communication

for example if the sponsor call for a briefing meeting with project team to communicate certain key messages, it is a formal way of communication
Sun Jun 18, 2017 8:12 pm
Forum: PMP® Open Forum
Topic: Control Quality
Replies: 1
Views: 81

### Re: Control Quality

Question :Control Quality is the process of monitoring and recording results of executing the quality base activities to do the performance and recommend necessary changes. To evaluate control quality output data, the project team must ideally have a working knowledge of: 1 Prevention and Inspectio...