CSM Forum Banner

Search found 443 matches

by jyotimayank
Wed Nov 15, 2017 7:11 am
Forum: PMP® Open Forum
Topic: Question - Estimate cost
Replies: 2
Views: 568

Re: Question - Estimate cost

The correct answer is option C. While estimating cost for the project, PM has to make an assumption on if indirect costs need to be part of estimates. There is no mandatory guideline for including or excluding indirect cost. Project charter does not have any guideline on estimate cost. Unless PM wan...
by jyotimayank
Tue Oct 03, 2017 4:40 am
Forum: PMP® Exam Lessons – Success Stories
Topic: Passed PMP - First Attempt - Sep 11!
Replies: 5
Views: 775

Re: Passed PMP - First Attempt - Sep 11!

Heartiest Congratulations!! on your success.
by jyotimayank
Fri Sep 22, 2017 9:20 am
Forum: PMP® Open Forum
Topic: Blog on what's new in PMBOK® Guide Sixth Edition
Replies: 0
Views: 175

Blog on what's new in PMBOK® Guide Sixth Edition

PMBOK® Guide 6th Edition is released. WE keep getting calls from participants of our PMP® online program inquiring about the PMBOK® changes and how it will impact their preparation. If by any chance you are unable to take your exam before the new changes are in place, how will you cope up with the ...
by jyotimayank
Thu Sep 07, 2017 5:22 am
Forum: PMP® Open Forum
Topic: Project Framework assesment issue
Replies: 3
Views: 291

Re: Project Framework assesment issue

Hi Shariq,

I have sent the screenshots of questions from the chapter "Project Framework" via email. Please connect on the number shared in the email.
Regards,
Jyoti
by jyotimayank
Thu Sep 07, 2017 4:57 am
Forum: PMP® Exam Lessons – Success Stories
Topic: Passed PMP at First Attempt on Aug 31, 2017
Replies: 4
Views: 738

Re: Passed PMP at First Attempt on Aug 31, 2017

Thanks, Pranab :) , this information will really help other PMP test takers
by jyotimayank
Wed Sep 06, 2017 6:45 am
Forum: PMP® Exam Lessons – Success Stories
Topic: Passed PMP at First Attempt on Aug 31, 2017
Replies: 4
Views: 738

Re: Passed PMP at First Attempt on Aug 31, 2017

Dear Pranab, Heartiest congratulations!! for achieving PMP Credentials and sharing your success story with us. You have mentioned that you could not attempt last 5 questions, can you share the reason behind it. Were the questions lengthy, complex or tough? Your reply will help the future test takers...
by jyotimayank
Wed Sep 06, 2017 4:06 am
Forum: PMP® Open Forum
Topic: Project Framework assesment issue
Replies: 3
Views: 291

Re: Project Framework assesment issue

Hi Sharique Actually, the report is based on tag words, some tag words are Static1, Static2 which means your performance in full-length mock tests 1 and 2. Please share your quampus id at support@izenbridge.com, we will share the knowledge-areawise report with you. Can you please share the exact que...
by jyotimayank
Wed Aug 23, 2017 7:57 am
Forum: Oliver 175 PMP Questions
Topic: Oliver 175 - 53rd Question
Replies: 4
Views: 1082

Re: Oliver 175 - 53rd Question

Hi Prem, The reason for why B is not the correct answer is that Option B says "auditor must be third-party " whereas as per PMBOK "Quality audits are independent reviews performed by trained auditors or third-party reviewers" it means "auditor can be third-party and not must...
by jyotimayank
Tue May 09, 2017 5:34 am
Forum: PMP® Exam Lessons – Success Stories
Topic: Passed PMI-PMP in first attempt.. May 08 2017
Replies: 1
Views: 971

Re: Passed PMI-PMP in first attempt.. May 08 2017

Heartiest Congratulations!!! on your success Kishore
by jyotimayank
Mon May 01, 2017 9:58 am
Forum: PMP® Exam Lessons – Success Stories
Topic: Passed PMP First Attempt - 24/04, with 2P, 3MP
Replies: 9
Views: 2991

Re: Passed PMP First Attempt - 24/04, with 2P, 3MP

Congrats !!! Shabir . Do stay connected via this forum
by jyotimayank
Wed Apr 05, 2017 4:39 am
Forum: Oliver 175 PMP Questions
Topic: Oliver 175 - 77th Question
Replies: 2
Views: 1118

Re: Oliver 175 - 77th Question

Hi The correct answer is option D. Refer to PMBOK® Guide fifth Edition , page 344 (“accept”). Passive acceptance is a strategy that means no plans are created to try to avoid or mitigate the risk. The team is willing to accept the consequences of the risk should it occur. Acceptance might also mean ...
by jyotimayank
Fri Mar 31, 2017 5:02 am
Forum: PMP® Exam Lessons – Success Stories
Topic: Certified PMP on 30th March 2017 - Alhamdulillah
Replies: 4
Views: 1183

Re: Certified PMP on 30th March 2017 - Alhamdulillah

Heartiest Congratulations!!! on your success.
by jyotimayank
Tue Mar 28, 2017 6:40 am
Forum: PMP® Exam Lessons – Success Stories
Topic: Passed my PMP
Replies: 3
Views: 1624

Re: Passed my PMP

Dear Suresh,
Heartiest congratulations !!! on your success. Please share your lessons learned and exam tips with us
by jyotimayank
Fri Mar 03, 2017 4:57 am
Forum: PMP® Exam Lessons – Success Stories
Topic: Passed PMP on first attempt !!
Replies: 3
Views: 876

Re: Passed PMP on first attempt !!

Heartiest Congratulations!!! Suresh, do stay connected with us via this forum
by jyotimayank
Fri Mar 03, 2017 4:55 am
Forum: PMP® Exam Lessons – Success Stories
Topic: Passed PMP today - 1/3/2017
Replies: 2
Views: 821

Re: Passed PMP today - 1/3/2017

Heartiest Congratulations!!! Deepak on your success.
by jyotimayank
Thu Feb 23, 2017 10:24 am
Forum: PMP® Open Forum
Topic: PMI PMP Audit Failed
Replies: 2
Views: 1055

Re: PMI PMP Audit Failed

Hi Manish, As per the information provided by you regarding your application, what I can make out is, you need to brush up your PMP knowledge to appear for PMP Examination. First ensure you get good understanding of PMBOK , post which only you would be able to fill the application correctly. Please ...
by jyotimayank
Thu Feb 16, 2017 5:27 am
Forum: PMP® Exam Lessons – Success Stories
Topic: Certified PMP in 1st Attempt
Replies: 3
Views: 944

Re: Certified PMP in 1st Attempt

Dear Sheetal,
Heartiest Congratulations!! and all the best for your future.
by jyotimayank
Fri Feb 03, 2017 4:39 am
Forum: PMP® Exam Lessons – Success Stories
Topic: Passed PMP in 1st attempt
Replies: 5
Views: 1320

Re: Passed PMP in 1st attempt

Heartiest Congratulations!!! on your well deserved Success Jagruti.

Stay connected with us via this forum.
by jyotimayank
Tue Jan 31, 2017 5:26 am
Forum: Oliver 75 PMP Questions
Topic: Oliver 75 - 49th Question
Replies: 4
Views: 1441

Re: Oliver 75 - 49th Question

Formula 1 is choosen because the question says "cost variance in the past caused by unexpected rework " and formula 2 is choosen assuming what the project has experienced to date can be expected to continue in the future 2. EAC forecast for ETC work performed at the present CPI: This metho...
by jyotimayank
Mon Jan 30, 2017 5:10 am
Forum: Oliver 175 PMP Questions
Topic: Oliver 175 - 81st Question
Replies: 2
Views: 927

Re: Oliver 175 - 81st Question

Yes you are right Rahul :) . The correct answer is option A. Refer pages 29 and 70 of PMBOK® Guide 5th Edition As defined in definition EEF are conditions which are given, they are coming from an environment, the project team has no control over them, but project team needs to understand them well t...
by jyotimayank
Wed Jan 25, 2017 6:33 am
Forum: Questions about Our classes, Online Classes, Webinars, Booking, Payment etc.
Topic: New PMP online course
Replies: 1
Views: 735

Re: New PMP online course

I would be interested in buying the online course PMP , may i know when is planned the new one? I would attend via video online becouse i'm in Italy. Is it planned anyone in the week 21 - 29 January? If yes, where I can find the timetables? We have a very effective online PMP® course which is quite...
by jyotimayank
Fri Jan 20, 2017 9:34 am
Forum: Oliver 175 PMP Questions
Topic: Oliver 175 - 76th Question
Replies: 2
Views: 846

Re: Oliver 175 - 76th Question

Yes Sarthy the correct answer is option B. Refer to page 442 of PMBOK® Guide 5th Edition The purpose of a project charter is to recognize and acknowledge the existence of a project and commit resources to the project. The charter names the project manager and project sponsor, but that’s not its prim...
by jyotimayank
Fri Jan 20, 2017 5:47 am
Forum: PMP® Exam Lessons – Success Stories
Topic: Passed PMP in first attempt on 18th Jan 2017
Replies: 7
Views: 1263

Re: Passed PMP in first attempt on 18th Jan 2017

Dear Gaurav,

Heartiest congratulations on your well deserved success !!! Thanks for sharing your success story.
Stay connected with us via this forum :)

Regards,
Jyoti
by jyotimayank
Thu Jan 19, 2017 1:20 pm
Forum: Oliver 175 PMP Questions
Topic: Oliver 175 - 75th Question
Replies: 2
Views: 879

Re: Oliver 175 - 75th Question

Yes the correct answer is option A. Refer to page 202, 207-208 of PMBOK® Guide 5th Edition Basis of estimates is an output of the Estimate Costs process and contains all the supporting detail regarding the estimates. You should consider assumptions regarding indirect costs and whether they will be i...
by jyotimayank
Thu Jan 19, 2017 1:05 pm
Forum: Oliver 175 PMP Questions
Topic: Oliver 175 - 82nd Question
Replies: 1
Views: 857

Oliver 175 - 82nd Question

Question 82 A project was budgeted at $1,000,000. Meanwhile, the project is executed, and the following current figures have been assessed: PV: $500,000 EV: $450,000 AC: $550,000 Assuming that the cost variance was caused by one-time cost drivers, which are no more effective, what estimate at compl...
by jyotimayank
Thu Jan 19, 2017 1:02 pm
Forum: Oliver 175 PMP Questions
Topic: Oliver 175 - 81st Question
Replies: 2
Views: 927

Oliver 175 - 81st Question

Question 81

You are going to take over a new project as the project manager in an enterprise unknown to you. What should you investigate during the chartering process?

A. Enterprise environmental factors
B. Project management plan
C. Project risk register
D. Team performance reports
by jyotimayank
Wed Jan 18, 2017 9:26 am
Forum: Oliver 175 PMP Questions
Topic: Oliver 175 - 78th Question
Replies: 2
Views: 830

Re: Oliver 175 - 78th Question

Yes Poonam the correct answer is option A. Refer to page 277 of PMBOK® Guide 5th Edition Co-location enables teams to function more effectively than if they’re spread out among different localities. Many times on large projects, the project manager will make provisions in the project budget to bring...
by jyotimayank
Tue Jan 17, 2017 12:15 pm
Forum: Oliver 175 PMP Questions
Topic: Oliver 175 - 78th Question
Replies: 2
Views: 830

Oliver 175 - 78th Question

Question 78
Which concept of locating team members can help them best to enhance their performance as a team?

A. Co-location
B. Cross-functional dispersion
C. Virtual e-teams
D. Global team dispersion
by jyotimayank
Tue Jan 17, 2017 12:14 pm
Forum: Oliver 175 PMP Questions
Topic: Oliver 175 - 77th Question
Replies: 2
Views: 1118

Oliver 175 - 77th Question

Question 77

You identified a technical risk in your project and assigned a contingency for that.

Planning contingency reserves is part of which risk response strategy?

A. Active risk mitigation
B. Passive risk avoidance
C. Passive risk acceptance
D. Active risk acceptance
by jyotimayank
Tue Jan 17, 2017 11:48 am
Forum: Oliver 175 PMP Questions
Topic: Oliver 175 - 74th Question
Replies: 1
Views: 756

Re: Oliver 175 - 74th Question

The correct answer is option B. Refer to page 279 of PMBOK® Guide 5th Edition Team performance assessments involves determining a team’s effectiveness. As a result of positive team-building experiences, you’ll see individuals improving their skills, team behaviors and relationships improving, confli...
by jyotimayank
Tue Jan 17, 2017 11:37 am
Forum: Oliver 175 PMP Questions
Topic: Oliver 175 - 70th Question
Replies: 1
Views: 795

Re: Oliver 175 - 70th Question

The correct answer is option C. Refer to page 532 of PMBOK® Guide 5th Edition Communications management plan documents the types of stakeholder information needs, when and how frequently the information should be distributed, and the method of communication. Distribute Information process is concern...
by jyotimayank
Tue Jan 17, 2017 11:06 am
Forum: Oliver 175 PMP Questions
Topic: Oliver 175 - 67th Question
Replies: 1
Views: 830

Re: Oliver 175 - 67th Question

The correct answer is option B Reference: PMI Code of Ethics and Professional Conduct PMI members have determined that honesty, responsibility, respect and fairness are the values that drive ethical conduct for the project management profession. PMI’s Code of Ethics and Professional Conduct applies ...
by jyotimayank
Mon Jan 16, 2017 9:34 am
Forum: Oliver 175 PMP Questions
Topic: Oliver 175 - 76th Question
Replies: 2
Views: 846

Oliver 175 - 76th Question

Question 76 A project charter is a document that… A. …describes both the project scope and the product scope at detail level. B. …authorizes the project and the use of organizational resources to meet project requirements. C. …breaks down the project scope over several steps to describe the project ...
by jyotimayank
Mon Jan 16, 2017 9:28 am
Forum: Oliver 175 PMP Questions
Topic: Oliver 175 - 75th Question
Replies: 2
Views: 879

Oliver 175 - 75th Question

Question 75 The sales representative of your company recently contacted you. You made some estimates on direct costs for an offer on a firm fixed-price contract. According to company policies, indirect costs (overheads) are to be calculated as a percentage of the direct costs, the sum of both cost ...
by jyotimayank
Mon Jan 16, 2017 7:34 am
Forum: Oliver 175 PMP Questions
Topic: Oliver 175 - 69th Question
Replies: 2
Views: 922

Re: Oliver 175 - 69th Question

Yes Sarthy the correct answer is option B. Refer to page 96 of PMBOK® Guide 5th Edition The purpose of the contract change control system is to establish a formal process for submitting change requests. It documents how to submit changes, establishes the approval process, and outlines authority leve...
by jyotimayank
Mon Jan 16, 2017 6:57 am
Forum: Oliver 175 PMP Questions
Topic: Oliver 175 - 68th Question
Replies: 2
Views: 880

Re: Oliver 175 - 68th Question

Yes the correct answer is option B. Refer to page 84,115 of PMBOK® Guide 5th Edition Group creativity involves several techniques, like brainstorming, Nominal group technique, the Delphi technique, and affinity diagrams. Idea/mind mapping is a group creativity technique where participants first use ...
by jyotimayank
Fri Jan 13, 2017 11:44 am
Forum: Oliver 175 PMP Questions
Topic: Oliver 175 - 74th Question
Replies: 1
Views: 756

Oliver 175 - 74th Question

Question 74

While executing a project, you sense a slightly negative attitude in your team. Which type of document do you now need, among others, to better understand and then be able to improve the situation?

A. Project charter
B. Team performance assessments
C. Cost baseline
D. Statement of work
by jyotimayank
Fri Jan 13, 2017 11:36 am
Forum: Oliver 175 PMP Questions
Topic: Oliver 175 - 70th Question
Replies: 1
Views: 795

Oliver 175 - 70th Question

Question 70 Which statement describes best the purpose of the communications management plan? A. The project management plan is a subsidiary document of the overall communications management plan. B. The communications management plan describes rules of behavior and respect for communications in cro...
by jyotimayank
Fri Jan 13, 2017 11:33 am
Forum: Oliver 175 PMP Questions
Topic: Oliver 175 - 69th Question
Replies: 2
Views: 922

Oliver 175 - 69th Question

Question 69 In configuration management, which of the following is necessary to maintain the integrity of baselines? A. Analyzing variances by comparing baseline information with actual project data. B. Releasing only approved changes for incorporation into products or services. C. Ensuring that tea...
by jyotimayank
Fri Jan 13, 2017 9:55 am
Forum: Oliver 175 PMP Questions
Topic: Oliver 175 - 66th Question
Replies: 1
Views: 774

Re: Oliver 175 - 66th Question

The correct answer is option D. Refer to page 282 of PMBOK® Guide 5th Edition Project performance appraisals are typically annual or semiannual affairs where managers let their employees know what they think of their performance over the past year and rate them accordingly. Project Human Resource Ma...
by jyotimayank
Fri Jan 13, 2017 9:27 am
Forum: Oliver 175 PMP Questions
Topic: Oliver 175 - 65th Question
Replies: 1
Views: 849

Re: Oliver 175 - 65th Question

The correct answer is option B. Refer to page 328 of PMBOK® Guide 5th Edition The Perform Qualitative Risk Analysis process involves determining what impact the identified risks will have on the project objectives and the probability they’ll occur. It also ranks the risks in priority order according...
by jyotimayank
Thu Jan 12, 2017 12:56 pm
Forum: Oliver 175 PMP Questions
Topic: Oliver 175 - 64th Question
Replies: 2
Views: 911

Re: Oliver 175 - 64th Question

Yes Sarthy the correct answer is option A. Crashing : A technique used to shorten the schedule duration for the least incremental cost by adding resources Crashing is not done blindly by adding resources. First the additional cost and benefits with crashing are evaluated and then only this is taken ...
by jyotimayank
Thu Jan 12, 2017 12:46 pm
Forum: Oliver 175 PMP Questions
Topic: Oliver 175 - 62nd Question
Replies: 2
Views: 1098

Re: Oliver 175 - 62nd Question

Yes the correct answer is option B. PMBOK do not talk about this term CSOW but it is Contract SOW(Statement of work) The seller uses the SOW to determine whether they are able to produce the goods or services as specified. In addition, it wouldn’t hurt to include a copy of the WBS with the SOW. Any ...
by jyotimayank
Tue Jan 10, 2017 12:02 pm
Forum: Oliver 175 PMP Questions
Topic: Oliver 175 - 68th Question
Replies: 2
Views: 880

Oliver 175 - 68th Question

Question 68 Following the cultural approach of the corporation for which you are starting to manage a project, you are guiding your project team through the first life-cycle phase of conceptualization. Your next step is to call for a team meeting to let ideas emerge in an unrestricted creative proce...
by jyotimayank
Tue Jan 10, 2017 11:54 am
Forum: Oliver 175 PMP Questions
Topic: Oliver 175 - 67th Question
Replies: 1
Views: 830

Oliver 175 - 67th Question

Question 67 Your management announced that they want to put you on a stretch assignment. In this situation, you should consider that… A. …a stretch assignment is going beyond your qualifications right from the start. Whatever your education, knowledge and skills are, you cannot fail personally. Con...
by jyotimayank
Tue Jan 10, 2017 11:50 am
Forum: Oliver 175 PMP Questions
Topic: Oliver 175 - 66th Question
Replies: 1
Views: 774

Oliver 175 - 66th Question

Question 66 During execution of a project, you observe that the performance of some of your team members is dropping, while others are doing a consistently good job. What should you try first to bring the team as a whole back to performance? A. Organize a team meeting and discuss openly the bad perf...
by jyotimayank
Tue Jan 10, 2017 11:38 am
Forum: Oliver 175 PMP Questions
Topic: Oliver 175 - 65th Question
Replies: 1
Views: 849

Oliver 175 - 65th Question

Question 65 During risk identification sessions, you and your team identified more than 150 risks for your project. You are afraid that evaluating each of these risks quantitatively will cost you an enormous amount of time, while not all of them are really relevant and important enough to justify s...
by jyotimayank
Tue Jan 10, 2017 11:35 am
Forum: Oliver 175 PMP Questions
Topic: Oliver 175 - 64th Question
Replies: 2
Views: 911

Oliver 175 - 64th Question

Question 64 Crashing describes a technique to speed up a project by… A. …reallocating existing resources or assigning additional resources to the project. B. …overlapping activities which were originally planned to be done in sequence. C. …reducing the number of features of the product in order to ...
by jyotimayank
Tue Jan 10, 2017 11:27 am
Forum: Oliver 175 PMP Questions
Topic: Oliver 175 - 62nd Question
Replies: 2
Views: 1098

Oliver 175 - 62nd Question

Question 62 What is the meaning of the acronym CSOW? A. A statement of work that is part of a contingency plan; it is commonly linked with Contingency reserves. B. A statement of work that has been formally agreed upon by both parties and is therefore part of a contract. C. A statement of work that...
by jyotimayank
Tue Jan 10, 2017 11:21 am
Forum: Oliver 175 PMP Questions
Topic: Oliver 175 - 58th Question
Replies: 2
Views: 804

Re: Oliver 175 - 58th Question

Yes Sarthy the correct answer is option D. Change Request is a very sensitive term in the Project Management. In spite of you working hard to complete your project as per scope, schedule and cost as a project manager, inevitable thing always occurs which is referred to as a Change. Refer to page 94,...

Go to advanced search