Search found 1901 matches
- Mon Feb 11, 2019 9:08 am
- Forum: PMP® Open Forum
- Topic: Identify stakeholders process
- Replies: 1
- Views: 49
Re: Identify stakeholders process
Hi PMBOK says the process "Identify stakeholders" is repeated as necessary, but SHOULD BE performed at the start of each phase of the project. Could you please clarify this point. I highly appreciate your view. A. BELHARMI Project needs to constantly update stakeholder list, identify ...
- Fri Feb 08, 2019 11:44 am
- Forum: PMP® Open Forum
- Topic: ITTOs
- Replies: 2
- Views: 81
Re: ITTOs
No they should be not, we have many threads on this forum about it and also a blog on izenbridge blog about how to deal with ITTO for PMP exam
- Sat Feb 02, 2019 11:38 am
- Forum: PMP® Queries and Tips
- Topic: Cost Estimates as per phases
- Replies: 1
- Views: 660
Re: Cost Estimates as per phases
are you referring to entire project or Activity level estimations?
- Sat Feb 02, 2019 11:35 am
- Forum: PMP® Queries and Tips
- Topic: Perform Integrated change control : CR and P.M.Plan Update
- Replies: 1
- Views: 101
Re: Perform Integrated change control : CR and P.M.Plan Update
As per PMBOK, Output of Perform Integrated change control is "Approved CR" and "P.M.Plan update". My confusion is why P.M.Plan update is mentioned as separate output? My thinking is as per below process. CR>Perform Integrated change control>Approved CR>P.M.Plan update . SO I bel...
- Sat Feb 02, 2019 11:28 am
- Forum: PMP® Queries and Tips
- Topic: CONTROL RESOURCE
- Replies: 1
- Views: 76
Re: CONTROL RESOURCE
PMBOK Is not a rule book, it the actual experience is worth mentioning in Lessons learnt register PM can also do that
- Tue Jan 08, 2019 1:00 pm
- Forum: PMP® Queries and Tips
- Topic: Procurement Mangement Question Solve pattern
- Replies: 3
- Views: 1371
Re: Procurement Mangement Question Solve pattern
Yes the question can be approached that way as well
- Tue Jan 01, 2019 1:10 pm
- Forum: PMP® Queries and Tips
- Topic: Procurement Mangement Question Solve pattern
- Replies: 3
- Views: 1371
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...
- Tue Jan 01, 2019 5:34 am
- Forum: PMP® Open Forum
- Topic: Please help with these questions
- Replies: 4
- Views: 1433
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 ...
- Wed Dec 19, 2018 2:01 pm
- Forum: PMP® Open Forum
- Topic: Please help with these questions
- Replies: 4
- Views: 1433
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...
- Thu Dec 13, 2018 2:14 pm
- Forum: PMP® Queries and Tips
- Topic: PMP Queries
- Replies: 3
- Views: 280
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
- Thu Dec 13, 2018 4:40 am
- Forum: PMP® Exam Lessons – Success Stories
- Topic: Passed PMP on 11-Dec-2018
- Replies: 2
- Views: 563
Re: Passed PMP on 11-Dec-2018
congratulations on your success and thanks for choosing Izenbridge.
- Sun Dec 02, 2018 4:08 pm
- Forum: PMP® Open Forum
- Topic: Conduct Procurement
- Replies: 4
- Views: 1229
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...
- Mon Nov 26, 2018 11:15 am
- Forum: PMP® Open Forum
- Topic: Initiation
- Replies: 3
- Views: 544
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...
- Sun Nov 25, 2018 6:49 pm
- Forum: PMP® Open Forum
- Topic: PMP question clarification
- Replies: 1
- Views: 476
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...
- Sun Nov 25, 2018 6:48 pm
- Forum: PMP® Open Forum
- Topic: Procurement
- Replies: 2
- Views: 492
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...
- Sun Nov 25, 2018 6:47 pm
- Forum: PMP® Open Forum
- Topic: Quality
- Replies: 3
- Views: 541
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
- Sun Nov 25, 2018 6:43 pm
- Forum: PMP® Open Forum
- Topic: Review and Rebaseline
- Replies: 1
- Views: 441
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
- Sun Nov 25, 2018 6:42 pm
- Forum: PMP® Open Forum
- Topic: Stakehoder
- Replies: 1
- Views: 447
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...
- Sun Nov 25, 2018 6:40 pm
- Forum: PMP® Open Forum
- Topic: Initiation
- Replies: 3
- Views: 544
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
- Mon Nov 19, 2018 11:35 am
- Forum: PMP® Queries and Tips
- Topic: MANAGE STAKEHOLDER ENGAGEMENT - (EXECUTING )
- Replies: 1
- Views: 338
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...
- 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: 483
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...
- Mon Nov 19, 2018 6:34 am
- Forum: PMP® Exam Lessons – Success Stories
- Topic: Earned PMP certificate on 14th Nov
- Replies: 2
- Views: 573
Re: Earned PMP certificate on 14th Nov
congratulations and thanks for choosing Izenbridge
- Fri Nov 16, 2018 11:11 am
- Forum: PMP® Open Forum
- Topic: Business analysis
- Replies: 5
- Views: 1800
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...
- Fri Nov 16, 2018 11:04 am
- Forum: PMP® Exam Lessons – Success Stories
- Topic: Passed PMP exam today!
- Replies: 3
- Views: 809
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...
- Wed Nov 14, 2018 7:15 pm
- Forum: PMP® Open Forum
- Topic: Procurement
- Replies: 3
- Views: 1613
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...
- Tue Nov 13, 2018 8:13 pm
- Forum: PMP® Open Forum
- Topic: Procurement
- Replies: 3
- Views: 1613
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...
- Tue Nov 13, 2018 7:41 pm
- Forum: PMP® Open Forum
- Topic: Business analysis
- Replies: 5
- Views: 1800
Re: Business analysis
yes but i would not spend time on such low quality questions
- Tue Nov 13, 2018 11:19 am
- Forum: PMP® Open Forum
- Topic: Business analysis
- Replies: 5
- Views: 1800
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 ...
- Mon Nov 05, 2018 10:21 am
- Forum: PMP® Open Forum
- Topic: Change control
- Replies: 4
- Views: 701
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...
- Mon Oct 29, 2018 12:28 pm
- Forum: PMP® Queries and Tips
- Topic: Deliverable
- Replies: 3
- Views: 603
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...
- Thu Oct 25, 2018 7:46 pm
- Forum: PMP® Open Forum
- Topic: Manage Stakeholder
- Replies: 7
- Views: 826
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...
- Thu Oct 25, 2018 7:44 pm
- Forum: PMP® Queries and Tips
- Topic: Overall Project Risk
- Replies: 1
- Views: 341
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
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
- Thu Oct 25, 2018 7:41 pm
- Forum: PMP® Queries and Tips
- Topic: Risk Management Question
- Replies: 2
- Views: 433
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...
- Thu Oct 25, 2018 7:33 pm
- Forum: PMP® Queries and Tips
- Topic: Assessment of other Risk Parameters - Qualitative Risk Analysis
- Replies: 1
- Views: 887
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 ...
- Thu Oct 25, 2018 7:29 pm
- Forum: PMP® Queries and Tips
- Topic: Monitor Risks
- Replies: 2
- Views: 924
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...
- Thu Oct 25, 2018 7:27 pm
- Forum: PMP® Queries and Tips
- Topic: Procurement Strategy - Delivery methods
- Replies: 2
- Views: 394
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...
- Thu Oct 25, 2018 7:13 pm
- Forum: PMP® Queries and Tips
- Topic: Procurement Management integration with other processes
- Replies: 2
- Views: 432
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...
- Thu Oct 25, 2018 7:05 pm
- Forum: PMP® Queries and Tips
- Topic: Contract - Written or Verbal
- Replies: 2
- Views: 386
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
many companies sales rep can sell you a subscription etc over phone then they record you consent and is considered as an verbal agreement
- Thu Oct 25, 2018 7:03 pm
- Forum: PMP® Queries and Tips
- Topic: Procurement Question Clarification
- Replies: 1
- Views: 286
- Thu Oct 25, 2018 7:02 pm
- Forum: PMP® Queries and Tips
- Topic: T&M and Cost Reimbursable
- Replies: 2
- Views: 390
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...
- Thu Oct 25, 2018 6:53 pm
- Forum: PMP® Queries and Tips
- Topic: Deliverable
- Replies: 3
- Views: 603
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 ...
- Sat Oct 20, 2018 7:57 pm
- Forum: PMP® Open Forum
- Topic: Communication Model
- Replies: 1
- Views: 315
Re: Communication Model
duplicate post have replied before in other section
- Sat Oct 20, 2018 7:56 pm
- Forum: PMP® Open Forum
- Topic: Manage Stakeholder
- Replies: 7
- Views: 826
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,...
- Sat Oct 20, 2018 7:52 pm
- Forum: PMP® Queries and Tips
- Topic: Communication Model
- Replies: 1
- Views: 281
Re: Communication Model
duplicate post
- Sat Oct 20, 2018 7:52 pm
- Forum: PMP® Queries and Tips
- Topic: Communication Model
- Replies: 2
- Views: 371
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...
- Sat Oct 20, 2018 7:43 pm
- Forum: PMP® Queries and Tips
- Topic: Cost estimates - Input to Identify Risk
- Replies: 4
- Views: 498
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...
- Sat Oct 20, 2018 7:39 pm
- Forum: PMP® Queries and Tips
- Topic: Plan Risk Responses - Management Reserve
- Replies: 2
- Views: 342
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...
- Sat Oct 20, 2018 7:34 pm
- Forum: PMP® Queries and Tips
- Topic: organizational systems
- Replies: 1
- Views: 934
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...
- Sat Oct 20, 2018 7:22 pm
- Forum: PMP® Queries and Tips
- Topic: Plan Risk Responses
- Replies: 2
- Views: 369
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...
- Sat Oct 20, 2018 7:05 pm
- Forum: PMP® Queries and Tips
- Topic: Mock Question
- Replies: 2
- Views: 354
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...