Search found 1755 matches

by manishpn
Thu Jan 11, 2018 9:53 am
Forum: PMP® Open Forum
Topic: Procurement Management
Replies: 1
Views: 100

Re: Procurement Management

it is he maximum price that the buyer will pay for the contract (product or service)

if you want to know the details you can read Rita
by manishpn
Tue Jan 09, 2018 7:31 am
Forum: PMP® Queries and Tips
Topic: Manish sir pls help--CR versus project document updates
Replies: 4
Views: 147

Re: Manish sir pls help--CR versus project document updates

No issues I will reply when I have time.

Apologies or delays in response
by manishpn
Tue Jan 09, 2018 7:31 am
Forum: PMP® Queries and Tips
Topic: reserve analysis as a tool for control cost but not for control schedule
Replies: 1
Views: 57

Re: reserve analysis as a tool for control cost but not for control schedule

it is indirectly covered in 6.7.2.1
based on CCM or CPM the buffer (reserve) will be different.
in CPM we focus on activities on critical path for its completion etc
in CCM we focus on project buffer.
by manishpn
Tue Jan 09, 2018 7:24 am
Forum: PMP® Queries and Tips
Topic: Manish sir any expert advice here---PMBOK 5th edition---page no 417 onwards
Replies: 1
Views: 73

Re: Manish sir any expert advice here---PMBOK 5th edition---page no 417 onwards

if you have time cover entire PMBOK
although Appendix 1 is mainly about the changes in PMBOK 5 so you are ideally not missing anything
by manishpn
Tue Jan 09, 2018 7:21 am
Forum: PMP® Queries and Tips
Topic: not able to upload an excel file
Replies: 1
Views: 74

Re: not able to upload an excel file

you can take a picture and upload
by manishpn
Sun Jan 07, 2018 6:13 pm
Forum: PMP® Queries and Tips
Topic: Manish sir pls help--CR versus project document updates
Replies: 4
Views: 147

Re: Manish sir pls help--CR versus project document updates

many processes have output as CR, mostly control and execution processes and only one from planning (plan Procurement mngmt). CR ultimately leads to Project management plan (relevant subsidiary plan) update. ideally this way... Process-->Raise CR--> Perform Integrated Change control --> Approved CR...
by manishpn
Fri Jan 05, 2018 8:45 am
Forum: PMP® Queries and Tips
Topic: Project Stakeholders
Replies: 1
Views: 96

Re: Project Stakeholders

in the introduction video of stakeholder management, saket refers people surrounding Project team as stakeholders like customer, sponsor,functional manager etc.. so with that logic Project team will include (from IT industry prospective) poeple like developers, testers, architects etc. now in anoth...
by manishpn
Wed Jan 03, 2018 5:49 pm
Forum: PMP® Exam Lessons – Success Stories
Topic: Ohhhh.....Yesssss........ 1st Success story of 2018
Replies: 2
Views: 258

Re: Ohhhh.....Yesssss........ 1st Success story of 2018

congratulations, and happy you cleared it

do share your journey when you have time
by manishpn
Wed Jan 03, 2018 6:43 am
Forum: PMP® Exam Lessons – Success Stories
Topic: My 2 Cents to all aspirants
Replies: 1
Views: 169

Re: My 2 Cents to all aspirants

congratulations and thanks for sharing your experience
by manishpn
Mon Jan 01, 2018 6:00 pm
Forum: PMP® Queries and Tips
Topic: Risk Ranking,Rating,Score,Exposure are all same?
Replies: 3
Views: 122

Re: Risk Ranking,Rating,Score,Exposure are all same?

risk exposure is usually calculated at project /program/portfolio/organization level it basically calculating overall potential LOSS if all the given risks in project occurs To calculate risk exposure, variables are determined to calculate the probability of the risk occurring. These are then multip...
by manishpn
Mon Jan 01, 2018 11:55 am
Forum: PMP® Open Forum
Topic: Project & product life cycle
Replies: 1
Views: 98

Re: Project & product life cycle

its explained well in Sakets videos go through them and let us know specific doubts
by manishpn
Mon Jan 01, 2018 11:52 am
Forum: PMP® Exam Lessons – Success Stories
Topic: “Above Target” in all 5 domains PMP®
Replies: 6
Views: 837

Re: “Above Target” in all 5 domains PMP®

Congratulations Sachin
wish you success in your career
thanks for choosing izenbridge
by manishpn
Mon Jan 01, 2018 11:51 am
Forum: PMP® Exam Lessons – Success Stories
Topic: Another PMP Success Story..... 26 Dec 2017
Replies: 4
Views: 316

Re: Another PMP Success Story..... 26 Dec 2017

congratulations
success well deserved and thank you for choosing izenbridge
by manishpn
Mon Jan 01, 2018 11:44 am
Forum: PMP® Queries and Tips
Topic: Make or buy decisions subset of Procurement SOW?
Replies: 3
Views: 136

Re: Make or buy decisions subset of Procurement SOW?

Thanks for responding Manish Sir. is not scope of work defined in Procurement SOW is actually based on BUY of "Make or buy decision" ? yes it is based on what is needed to BUY by project however contract SOW is a legal document , besides what is the scope obligation of both parties for th...
by manishpn
Mon Jan 01, 2018 11:37 am
Forum: PMP® Queries and Tips
Topic: Risk Ranking,Rating,Score,Exposure are all same?
Replies: 3
Views: 122

Re: Risk Ranking,Rating,Score,Exposure are all same?

are these terms all same: Risk Ranking,Rating,Score,Exposure? they are different risk score is numerical score based in probability and impact risk rating is in bands like medium, high low this is again based on score for example a risk factor of 0-20 is low risk, 21-70 is medium and 71-100 is high...
by manishpn
Mon Jan 01, 2018 11:32 am
Forum: PMP® Queries and Tips
Topic: Question on NPV
Replies: 4
Views: 1139

Re: Question on NPV

Present value, also called "discounted value," is the current worth of a future sum of money or stream of cash flow given a specified rate of return NPV is the difference in present value of income and cost since no cost information if provided NPV = PV which is already provided, no maths ...
by manishpn
Thu Dec 28, 2017 6:42 pm
Forum: PMP® Queries and Tips
Topic: WHY Change request is o/p of planning as well as Conduct Procurement
Replies: 1
Views: 87

Re: WHY Change request is o/p of planning as well as Conduct Procurement

1. Assume My projects scope is wbs having elements "ABC" & "XYZ" 2. i plan to do procurement for my project. decided that "XYZ" WBS element will be bought (make or buy decision) from outside this step generated change request 3. now i start my conduct procurement w...
by manishpn
Thu Dec 28, 2017 6:39 pm
Forum: PMP® Queries and Tips
Topic: Difference between Source selection criteria & perform evaluation
Replies: 1
Views: 95

Re: Difference between Source selection criteria & perform evaluation

while source selection criteria is o/p of plan procurement management and proposal evaluation is tool and technique for seller's proposal evaluation... proposal evaluation is going to be completely based on source selection criteria? goal of proposal evaluation is to have point to point criteria me...
by manishpn
Thu Dec 28, 2017 6:30 pm
Forum: PMP® Queries and Tips
Topic: Make or buy decisions subset of Procurement SOW?
Replies: 3
Views: 136

Re: Make or buy decisions subset of Procurement SOW?

no make or buy decision is taken by Project if it wants to procure or not
Procurement SOW is the contract which defines the scope of work for seller and also all other legal terms and conditions
by manishpn
Mon Dec 25, 2017 6:46 am
Forum: PMP® Open Forum
Topic: submitted PMP application 5 days ago, no response yet
Replies: 6
Views: 186

Re: submitted PMP application 5 days ago, no response yet

its holiday season, give them some time, you need not worry
by manishpn
Mon Dec 25, 2017 6:39 am
Forum: PMP® Open Forum
Topic: Discretionary dependencies
Replies: 4
Views: 148

Re: Discretionary dependencies

try to make an attempt
by manishpn
Sat Dec 23, 2017 6:31 am
Forum: PMP® Exam Lessons – Success Stories
Topic: Oh wow -Such a Relaxing Feeling !!!!!
Replies: 9
Views: 385

Re: Oh wow -Such a Relaxing Feeling !!!!!

congratulations and hope PMP credentials helps your case

thanks for choosing izenbridge
by manishpn
Sat Dec 23, 2017 6:27 am
Forum: PMP® Exam Lessons – Success Stories
Topic: Cracked PMP
Replies: 5
Views: 295

Re: Cracked PMP

congratulations and wish you all the best in your career

thanks for choosing izenbridge
by manishpn
Thu Dec 21, 2017 5:28 pm
Forum: iZenBridge PMP Open Questions
Topic: Tricky Question
Replies: 9
Views: 386

Re: Tricky Question

asking resources to work over time ( on a continuous basis) is against PMI ethics

now think what could be the option
by manishpn
Thu Dec 21, 2017 5:24 pm
Forum: PMP® Queries and Tips
Topic: Question #4 : analytical techniques evaluates investment
Replies: 2
Views: 212

Re: Question #4 : analytical techniques evaluates investment

this is simple,

why dont you attempt the questions rather then just posting it
getting a ready answer from me wont help you learn by mistakes and discussion
by manishpn
Thu Dec 21, 2017 5:23 pm
Forum: PMP® Queries and Tips
Topic: Question #2 : contesting a dispute,
Replies: 1
Views: 89

Re: Question #2 : contesting a dispute,

refer to 12.3.3.2
by manishpn
Thu Dec 21, 2017 5:19 pm
Forum: PMP® Queries and Tips
Topic: Question #1 political unrest in the vendor's location
Replies: 2
Views: 153

Re: Question #1 political unrest in the vendor's location

i would recommend that you make an attempt and then we can discuss
by manishpn
Thu Dec 21, 2017 5:17 pm
Forum: PMP® Queries and Tips
Topic: Explanation of All Tools and Techniques used by all Process Groups
Replies: 3
Views: 144

Re: Explanation of All Tools and Techniques used by all Process Groups

these are covered in individual knowledge area wise process
we do not have one video covering all T and T
by manishpn
Sun Dec 17, 2017 10:49 am
Forum: PMP® Queries and Tips
Topic: Izenbridge ( dynamic) Question on change control
Replies: 2
Views: 123

Re: Izenbridge ( dynamic) Question on change control

we do not monitor approved changes in control quality

thanks for pointing that out needs to be rectified
by manishpn
Sun Dec 17, 2017 8:35 am
Forum: PMP® Open Forum
Topic: Procurement Negotiation
Replies: 1
Views: 100

Re: Procurement Negotiation

I can explain but this is more in details of procurement and the option is not entirely correct but from the give choices that is the best option.

I recommend you dont need to understand this for pmp exam
by manishpn
Sun Dec 17, 2017 8:23 am
Forum: PMP® Queries and Tips
Topic: Izenbridge ( dynamic) Question on change control
Replies: 2
Views: 123

Re: Izenbridge ( dynamic) Question on change control

need to know full question before i comment
have asked admin to share
by manishpn
Sat Dec 16, 2017 5:17 pm
Forum: PMP® Queries and Tips
Topic: Schedule variance
Replies: 3
Views: 167

Re: Schedule variance

yes i would agree with option #C
by manishpn
Sat Dec 16, 2017 5:13 pm
Forum: PMP® Queries and Tips
Topic: Critical path methods
Replies: 1
Views: 100

Re: Critical path methods

does not matter which method you use.
i prefer 0
by manishpn
Sat Dec 16, 2017 5:10 pm
Forum: PMP® Queries and Tips
Topic: Contingency
Replies: 1
Views: 90

Re: Contingency

by manishpn
Sat Dec 16, 2017 5:04 pm
Forum: PMP® Queries and Tips
Topic: WBS
Replies: 1
Views: 88

Re: WBS

The _____________ aids in creating a more detailed definition of the scope of the project and can be used to validate the work of the project. a) Scope baseline b) Work breakdown structure c) Project charter d) Alternatives identification Manish sir, I wrote the answer as Scope baseline, thinking t...
by manishpn
Sat Dec 16, 2017 5:01 pm
Forum: PMP® Queries and Tips
Topic: Review meeting
Replies: 1
Views: 83

Re: Review meeting

done
by manishpn
Sat Dec 16, 2017 5:00 pm
Forum: PMP® Open Forum
Topic: Work Performannce
Replies: 3
Views: 158

Re: Work Performannce

Q. You the project manager of a team in where the team is collecting datas and transform them into work performance information for the key stakeholder in biweekly basis. Which of the following does n't provide a sufficient platform to share this information with the stakeholders? A. Project File U...
by manishpn
Sat Dec 16, 2017 4:53 pm
Forum: PMP® Queries and Tips
Topic: Risk ( from Simplilearn)
Replies: 1
Views: 82

Re: Risk ( from Simplilearn)

refer to fig 11-10
by manishpn
Sat Dec 16, 2017 4:46 pm
Forum: PMP® Queries and Tips
Topic: Whom to contact for resource
Replies: 1
Views: 86

Re: Whom to contact for resource

this looks like balanced matrix example,
project sponsor there is no need for senior manager
by manishpn
Sat Dec 16, 2017 4:44 pm
Forum: PMP® Queries and Tips
Topic: Weak Matrix
Replies: 2
Views: 103

Re: Weak Matrix

expeditor has no power to make decision while cordinator has some power
both are roles in weak matrix
by manishpn
Sat Dec 16, 2017 4:41 pm
Forum: PMP® Queries and Tips
Topic: Scope statement
Replies: 1
Views: 85

Re: Scope statement

not a good quality of question which tests memorization of PMBOK
assumptions and constraints are also part of WBS dictionary
by manishpn
Sat Dec 16, 2017 4:34 pm
Forum: PMP® Queries and Tips
Topic: Closing procedure
Replies: 2
Views: 101

Re: Closing procedure

Manish sir, Can you give me the step by step procedure for closing the procedure. I see questions on what comes first. I have mentioned this quiet a few times on clarification sessions and also on forum that there is no prescribed sequence in close project phase. we will have to use common sense ba...
by manishpn
Sat Dec 16, 2017 10:30 am
Forum: PMP® Queries and Tips
Topic: Change control
Replies: 1
Views: 96

Re: Change control

You are a project manager for an IT company. Your project is in the final phases of execution. The project status is well within the budget and you are almost a week ahead of your schedule. During the final testing phase of the project, you realize that the performance of the product can be increas...
by manishpn
Thu Dec 14, 2017 8:26 pm
Forum: PMP® Queries and Tips
Topic: Schedule variance
Replies: 3
Views: 167

Re: Schedule variance

After measuring your project performance you note that your schedule variance is $75,000. What would your BEST course of action be? A: You don’t need to fast track the schedule as a positive schedule variance means you are ahead of time. B: You don’t need to crash the schedule as a positive schedul...
by manishpn
Thu Dec 14, 2017 8:22 pm
Forum: PMP® Queries and Tips
Topic: Change Control
Replies: 1
Views: 82

Re: Change Control

Your client has requested a change to the project and as a result you are preparing a change request according to the approved change control process that your project management methodology prescribes. A project administrator on your project asks to assist in the preparation and assessment of the ...
by manishpn
Thu Dec 14, 2017 8:18 pm
Forum: PMP® Queries and Tips
Topic: Critical chain and Path
Replies: 2
Views: 121

Re: Critical chain and Path

yes thats right.

what is your choice for this question
by manishpn
Thu Dec 14, 2017 8:17 pm
Forum: PMP® Queries and Tips
Topic: Project Management Plan and Schedule Management Plan
Replies: 1
Views: 78

Re: Project Management Plan and Schedule Management Plan

Manish sir, I have seen questions where they ask which management plan gives us details for example regarding the scheduling of activities and defining the roles and responsibilities who is responsible for those activities. Choices 1) Project management plan 2) schedule management plan My question ...
by manishpn
Thu Dec 14, 2017 8:16 pm
Forum: PMP® Exam Lessons – Success Stories
Topic: Passed the PMP exam
Replies: 16
Views: 767

Re: Passed the PMP exam

Hi All, Glad to share that I have achieved my PMP credential yesterday. IZenbrigde scores ranged from 78% -88% across the 5 mock tests. Closing was below target, Executing & M&C were Target and Initiating & Planning were Above Target. Thanks a ton to Saket for the YouTube videos. @Manis...

Go to advanced search