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by manishpn
Thu Dec 13, 2018 2:14 pm
Forum: PMP® Queries and Tips
Topic: PMP Queries
Replies: 3
Views: 49

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: 56

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: 947

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: 357

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: 317

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: 329

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: 338

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: 306

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: 310

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: 357

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: 191

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: 258

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: 314

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: 1532

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: 548

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: 1419

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: 1419

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: 1532

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: 1532

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: 463

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: 390

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: 555

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: 209

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: 246

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: 207

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: 233

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: 232

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: 266

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: 212

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: 220

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: 390

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: 199

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: 555

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: 157

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: 221

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: 268

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: 189

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: 247

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: 214

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: 206

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: 268

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: 206

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: 201

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: 555

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: 312

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...
by manishpn
Wed Oct 17, 2018 9:54 am
Forum: PMP® Open Forum
Topic: Change to the Project Management Plan via Change Request
Replies: 4
Views: 341

Re: Change to the Project Management Plan via Change Request

So, if a CR is created which is not meant to go to the CCB. Then, who would approve this CR? Project Manager or any other person as mentioned in the change management plan? It is mentioned in the project (Change) management plan, it depends on size, complexity, goegraphical presense etc. for e..g f...
by manishpn
Tue Oct 16, 2018 4:03 pm
Forum: PMP® Open Forum
Topic: Change to the Project Management Plan via Change Request
Replies: 4
Views: 341

Re: Change to the Project Management Plan via Change Request

Hello Manish and other experts, It is mentioned in PMBOK that "Any change to the Project Management Plan goes through the org's change control process via a change request". This means that any change to Scope Management Plan or Resource Management Plan etc. (Without impacting any baselin...
by manishpn
Tue Oct 16, 2018 3:59 pm
Forum: PMP® Open Forum
Topic: Cost management
Replies: 2
Views: 200

Re: Cost management

The cost baseline includes projected expenditures plus anticipated liabilities. The liabilities here are the liability insurance coverage along with warranty cost etc? Or is it something else? Liabilities are obligations of the project and liabilities can be of multiple types depending on the natur...
by manishpn
Tue Oct 16, 2018 3:56 pm
Forum: PMP® Open Forum
Topic: Cost of non conformance - External failure cost
Replies: 2
Views: 200

Re: Cost of non conformance - External failure cost

Is cost of non conformance - external failure cost is the part of project budget or is it a part of operation and maintenance? Please help in understanding. Thanks Salman if non conformance is detected within project duration the cost is on Project , if its detected after the handover to production...

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