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by indusharma
Wed Jul 23, 2014 2:39 pm
Forum: PMP® Resources
Topic: Video: Webinar on Project Management scheduling
Replies: 0
Views: 3179

Video: Webinar on Project Management scheduling

The webinar talks about what is Project Management scheduling and what are the most common schedule management methods. Project Scheduling is carried out to explore and identify • The list of tasks to be performed during a project • Time estimation for each task • Resource allocation • Scheduling th...
by indusharma
Wed Jul 23, 2014 2:35 pm
Forum: PMP® Resources
Topic: Blog: What is Fast Tracking and Crashing?
Replies: 0
Views: 2553

Blog: What is Fast Tracking and Crashing?

Fast tracking and crashing are techniques without which a project manager can’t survive. Read our blog to know more about these schedule compression techniques Knowledge Area: Schedule Management Process Group: Planning http://www.izenbridge.com/blog/what-is-fast-tracking-and-crashing/ Keywords: Sch...
by indusharma
Wed Jul 23, 2014 2:31 pm
Forum: PMP® Resources
Topic: Blog: What is Lead & Lag?
Replies: 0
Views: 2575

Blog: What is Lead & Lag?

Even though Lead & Lag are easy concepts confusion around it exists with many of PMP® aspirants. Especially when we use these two dependencies in network diagrams and even more when these are associated with different types of relationships. To know more, read our blog Knowledge Area: Schedule M...
by indusharma
Tue Jul 22, 2014 7:45 am
Forum: PMP® Exam Lessons – Success Stories
Topic: Sandip is now PMP certified...
Replies: 7
Views: 1752

Re: Sandip is now PMP certified...

Congratulations Sandip :)

For 60 PDUs, please read our blog http://www.izenbridge.com/blog/how-to-earn-60-pdus-and-maintain-your-pmp-certifications/

n Stay Connected !!!
by indusharma
Mon Jul 21, 2014 5:42 am
Forum: PMP® Open Forum
Topic: Question for Discussion-Validate Scope
Replies: 3
Views: 703

Re: Question for Discussion-Validate Scope

I would go for option C
" Obtaining the stakeholders' formal acceptance of the completed project scope"

The deliverable are sent to customer for acceptance in Validate Scope process.
by indusharma
Mon Jul 14, 2014 10:11 am
Forum: PMP® Exam Lessons – Success Stories
Topic: Today I have Cleared PMP EXam
Replies: 8
Views: 1563

Re: Today I have Cleared PMP EXam

Congratulations Yogesh :)

n Stay connected :)
by indusharma
Fri Jul 11, 2014 5:34 am
Forum: PMP® Open Forum
Topic: Any Trick for remembering input/output/tools
Replies: 5
Views: 1209

Re: Any Trick for remembering input/output/tools

As suggested by Namita too, there is no need to mug up the Input-Outputs. I always recommend students to create a mind -map for process in their mind which helps them in creating the concept clear that if a specific Output is coming out of a process and WHY .... For example, From Direct and Manage P...
by indusharma
Fri Jul 11, 2014 5:29 am
Forum: PMP® Open Forum
Topic: Which formula for EAC and why ?.
Replies: 13
Views: 2200

Re: Which formula for EAC and why ?.

Yes, Exclusive section is for our students. I have taken out the extract from the thread referred by Namita: EAC = AC + [(BAC – EV) / (CPI × SPI)]. This formula is there in PMBOK5 under forecasting of control cost process. From this ETC = [(BAC – EV) / (CPI × SPI)] this variant of ETC or EAC is used...
by indusharma
Fri Jul 04, 2014 3:23 am
Forum: PMP® Exam Lessons – Success Stories
Topic: Thanks!!!
Replies: 4
Views: 811

Re: Thanks!!!

Congratulations :D
And stay connected !!!
by indusharma
Thu Jul 03, 2014 4:19 am
Forum: PMP® Open Forum
Topic: PMP Question SCORDO Quiz
Replies: 2
Views: 821

Re: PMP Question SCORDO Quiz

Christopher scordo is available on PMI site for the PMI members.
You need to look under e-reads (Books 24X7) section of PMI site - look for "Christopher Scordo s PMP Exam Prep"

Regards
by indusharma
Wed Jul 02, 2014 11:45 am
Forum: PMP® Exam Lessons – Success Stories
Topic: PMP done and dusted.
Replies: 4
Views: 1244

Re: PMP done and dusted.

Congratulations :)

and stay connected !!!
by indusharma
Wed Jul 02, 2014 6:54 am
Forum: PMP® Open Forum
Topic: EAC = BAC/CPI vs ac + bac - ev
Replies: 5
Views: 1292

Re: EAC = BAC/CPI vs ac + bac - ev

Ranjit, To use formula EAC =AC+[(BAC-EV)/(CPI*SPI)], we need to see the following three points: point #1 typical variation in cost so CPI is required Point#2 variations in schedule Point #3 firm date ask by sponsor If the scenario fulfills all 3 points, then only we can use above said formula. Let m...
by indusharma
Tue Jul 01, 2014 9:06 am
Forum: PMP® Queries and Tips
Topic: Pls explain
Replies: 2
Views: 1170

Re: Pls explain

@Kripa, Please let me know do you more discussion on this or can we close it.

Regards
by indusharma
Tue Jul 01, 2014 4:00 am
Forum: PMP® Exam Lessons – Success Stories
Topic: PMP CERTIFICATION
Replies: 16
Views: 1866

Re: PMP CERTIFICATION

Great News :)

Congratulations !!!
and Stay Connected
by indusharma
Mon Jun 30, 2014 4:21 pm
Forum: PMP® Open Forum
Topic: Salience Model - Stakeholder Analysis
Replies: 3
Views: 893

Re: Salience Model - Stakeholder Analysis

Core are the type of stakeholders having power, legitimacy and urgency. These are critical type of stakeholders. The answer is 'Dominant' as these are the stakeholders having power, legitimacy and no urgency. Yogesh, I have listed few resources for stakeholder management: http://www.izenbridge.com/b...
by indusharma
Fri Jun 27, 2014 12:16 pm
Forum: PMP® Resources
Topic: Blog: Point of Total Assumption
Replies: 0
Views: 2695

Blog: Point of Total Assumption

During one of the recent PMP® sessions, I came across a very unique but an interesting query on, ‘What is the Point of total assumption (PTA).’ Though not a crucial question from PMP® exam point of view, it still needs a detailed discussion. By and by I noticed that there are lots of misunderstandin...
by indusharma
Fri Jun 27, 2014 12:03 pm
Forum: PMP® Open Forum
Topic: Qualified the PMP test
Replies: 3
Views: 738

Re: Qualified the PMP test

Congratulations :)
Stay Connected !!!

Regards
by indusharma
Thu Jun 26, 2014 4:46 am
Forum: PMP® Queries and Tips
Topic: Pls explain
Replies: 2
Views: 1170

Re: Pls explain

Lets talk about these one by one : "personnel assessment tool" - as the name says these are the TOOLS which can be used for activities related with Team performance. PMBOK5 page # 278 These tools help project managers assess the team preferences, aspirations, how they process and organize ...
by indusharma
Wed Jun 25, 2014 11:01 am
Forum: PMP® Resources
Topic: Video: What is Point of Total Assumption
Replies: 0
Views: 2601

Video: What is Point of Total Assumption

The point of total assumption (PTA) is the point above which the seller bears all the losses of an additional cost overrun on a fixed price 'incentive fee' (FPIF or FPI) contract. Knowledge Area: Procurement Management Process Group: Planning http://www.youtube.com/watch?v=ciCkhDKzQVY Keywords: poin...
by indusharma
Wed Jun 25, 2014 10:57 am
Forum: PMP® Resources
Topic: Blog: Enterprise Environmental Factors Vs. OPA
Replies: 0
Views: 2346

Blog: Enterprise Environmental Factors Vs. OPA

Many of the PMP® aspirants look at Enterprise Environmental factors and Organization Process Assets as an input to most of the project management processes and many times they get confused about why one thing falls under Enterprise Environmental factor (EEF) and not in Organization process assets (O...
by indusharma
Wed Jun 25, 2014 10:54 am
Forum: PMP® Resources
Topic: Blog: Project Life Cycle-Iterative & Adaptive
Replies: 0
Views: 2399

Blog: Project Life Cycle-Iterative & Adaptive

Why do we really need anything other than predictive life cycle, which goes quite sequential and looks perfect? What are these new buzz words, i.e. iterative & adaptive? What these new life cycles do differently? Let’s clarify all these doubts today and be ready to answer all the questions revol...
by indusharma
Wed Jun 25, 2014 10:49 am
Forum: PMP® Resources
Topic: Blog: Sponsor and his role
Replies: 0
Views: 2514

Blog: Sponsor and his role

Multiple times PMP® aspirants have lot of confusions around this personality and also around roles of this personality. It’s really an interesting role and very important stakeholder from PMP®’s prospective. Read blog to know more Knowledge Area: Integration Management Process Group: Initiating http...
by indusharma
Mon Jun 23, 2014 10:50 am
Forum: PMP® Exam Lessons – Success Stories
Topic: Cleared my PMP exam
Replies: 8
Views: 1562

Re: Cleared my PMP exam

Thanks for your inputs Anamica, these will really help other PMP aspirants :)
by indusharma
Sun Jun 22, 2014 11:51 am
Forum: PMP® Resources
Topic: Video: Webinar Procurement Management in real world
Replies: 0
Views: 2541

Video: Webinar Procurement Management in real world

Procurement Management is the process which companies apply to purchase economic resources and business input from suppliers or vendors.

Knowledge Area: Procurement Management
Process Group:Planning



Keywords: Procurement Management, contract
by indusharma
Thu Jun 19, 2014 8:14 am
Forum: PMP® Open Forum
Topic: EEF or OPA
Replies: 4
Views: 923

Re: EEF or OPA

by indusharma
Wed Jun 18, 2014 2:35 pm
Forum: PMP® Exam Lessons – Success Stories
Topic: I HAVE CLEARED MY PMP EXAM YESTERDAY IN MY FST ATTEMPT
Replies: 22
Views: 3649

Re: I HAVE CLEARED MY PMP EXAM YESTERDAY IN MY FST ATTEMPT

Congratulations Royal for your success :)
Its a Great news :D

Stay Connected ....
by indusharma
Tue Jun 17, 2014 11:47 am
Forum: PMP® Resources
Topic: Video: Webinar PDM Logical Relationships Types
Replies: 0
Views: 2407

Video: Webinar PDM Logical Relationships Types

Webinar PDM Logical Relationships Types

Knowledge Area: Schedule Management
Process Group: Planning



Keywords: PDM, Logical relationship, Finish-to-start, FS, Finish-to-finish, FF, Start-to-start, SS, Start-to-finish, SF, PDM, Predecessor , Successor
by indusharma
Tue Jun 17, 2014 11:44 am
Forum: PMP® Resources
Topic: Video: Who is a Sponsor?
Replies: 0
Views: 2199

Video: Who is a Sponsor?

Who is a Sponsor? Many questions related with Sponsor got answered in the video.

Knowledge Area: Integration Management
Process Group: Intiating



Keywords: Sponsor ,Internal Sponsor, External Sponsor
by indusharma
Tue Jun 17, 2014 11:39 am
Forum: PMP® Resources
Topic: Video: Example of Schedule Network Diagram (CPM)
Replies: 0
Views: 2886

Video: Example of Schedule Network Diagram (CPM)

Example of Schedule Network Diagram (CPM)

Knowledge Area: Schedule Management
Process Group: Planning



Keywords: PDM, relationship, Lead, lag
by indusharma
Tue Jun 17, 2014 11:30 am
Forum: PMP® Resources
Topic: Video: Iterative versus Adaptive Life Cycle | iZenBridge
Replies: 0
Views: 2279

Video: Iterative versus Adaptive Life Cycle | iZenBridge

What is Iterative versus Adaptive and difference between these two life cycles. To know more about it watch the video.



Keywords: Adaptive Life cycle, Iterative Life cycle
by indusharma
Tue Jun 17, 2014 11:24 am
Forum: PMP® Resources
Topic: Blog: What Is Float And How To Calculate Total & Free Float?
Replies: 0
Views: 2283

Blog: What Is Float And How To Calculate Total & Free Float?

In one of the recent discussion on our Forum, I realized PMP® aspirants have lots of questions on float of activities.There is a lot of confusion about different types of floats which can exist in a schedule network diagram. Total float and free float are considered same by many aspirants. It’s high...
by indusharma
Tue Jun 17, 2014 11:21 am
Forum: PMP® Resources
Topic: Blog: Histogram as a Component of Seven Basic Quality Tool
Replies: 0
Views: 1722

Blog: Histogram as a Component of Seven Basic Quality Tool

Histogram is a bar chart to show frequencies of causes of problems to understand preventive or corrective action. Read blog to know more about Histogram Process Group: Quality Management Knowledge Area: Planning http://www.izenbridge.com/blog/histogram/ Keywords: Quality tools, Histogram, bar chart
by indusharma
Tue Jun 17, 2014 11:19 am
Forum: PMP® Resources
Topic: Blog: How to Calculate Communication Channels?
Replies: 0
Views: 1796

Blog: How to Calculate Communication Channels?

This doesn’t seem like a question that actually needs an entire blog for an answer. This can just be done by applying a simple formula n (n-1) /2. Even I was under the same impression till I noticed the number of questions from PMP® aspirants popping in our forum ‘how to calculate communication chan...
by indusharma
Tue Jun 17, 2014 11:13 am
Forum: PMP® Resources
Topic: Blog: 4 Types of logical Relationships or Dependencies
Replies: 0
Views: 1019

Blog: 4 Types of logical Relationships or Dependencies

Making Project schedule using Precedence Diagram Method (PDM) includes four types of logical relationships or dependencies. The relationship exists between two activities. This blog is a step in explaining details of these logical relationships. Finish-to-start (FS) Finish-to-finish (FF) Start-to-st...
by indusharma
Tue Jun 17, 2014 8:46 am
Forum: PMP® Exam Lessons – Success Stories
Topic: Cleared my PMP exam
Replies: 8
Views: 1562

Re: Cleared my PMP exam

Congratulations Anamica :)
by indusharma
Wed Jun 11, 2014 10:03 am
Forum: PMP® Open Forum
Topic: Float In Time schedule
Replies: 3
Views: 792

Re: Float In Time schedule

You can also watch our video on Critical path, which contains the information on float and how float can impact the time schedule



Regards
by indusharma
Wed Jun 11, 2014 7:18 am
Forum: PMP® Open Forum
Topic: Query on Control Chart PMP question
Replies: 3
Views: 1363

Re: Query on Control Chart PMP question

Well explained :)
by indusharma
Wed Jun 11, 2014 4:23 am
Forum: PMP® Queries and Tips
Topic: Quality Assurance
Replies: 3
Views: 726

Re: Quality Assurance

We will into these questions of Quampus.
by indusharma
Tue Jun 10, 2014 5:58 am
Forum: PMP® Queries and Tips
Topic: Network Diagram question
Replies: 13
Views: 2453

Re: Network Diagram question

Well explained Namita :D
by indusharma
Tue Jun 10, 2014 4:20 am
Forum: PMP® Open Forum
Topic: EMV Value Question from Youtube
Replies: 5
Views: 1509

Re: EMV Value Question from Youtube

"So in first scenarion, 68750 will be added to cost baseline and in second scenarion $350 will be added." Please elaborate this ... EMV is not Contingency reserve, Contingency reserve is calculated in Estimate resource duration (contingency in terms of duration required) and estimate costs...
by indusharma
Tue Jun 10, 2014 4:01 am
Forum: PMP® Open Forum
Topic: Change Request Flow and time of change n stakeholder inf.
Replies: 17
Views: 2378

Re: Change Request Flow and time of change n stakeholder i

Yogesh,

Please create a separate thread for each question
& mention the source of the question too.

Regards
by indusharma
Tue Jun 10, 2014 3:59 am
Forum: PMP® Open Forum
Topic: Shraddha's PMP notes
Replies: 7
Views: 1440

Re: Shraddha's PMP notes

Thanks Shraddha

This indeed can benefit other students :)

Regards
by indusharma
Tue Jun 10, 2014 3:18 am
Forum: PMP® Open Forum
Topic: Finish-to-Finish+3 day lag
Replies: 10
Views: 2243

Re: Finish-to-Finish+3 day lag

Even if we start with 0, the duration will be 13.
There is no impact on EF or duration by the selection of 0 or 1 as ES.
network-diagram.jpg
network-diagram.jpg (19.68 KiB) Viewed 2232 times


12 can only be answer, if we change predecessor into successor :) that means B as predecessor and A as successor
by indusharma
Mon Jun 09, 2014 4:53 pm
Forum: PMP® Queries and Tips
Topic: stakeholders engagement assessment matrix
Replies: 1
Views: 729

Re: stakeholders engagement assessment matrix

"stakeholders engagement assessment matrix" is used in Plan stakeholder management process. Stakeholders engagement assessment matrix is used to analysis what is the Current level of the stakeholder and at what level you as a PM want the level of that stakeholder. For example, there is a s...
by indusharma
Mon Jun 09, 2014 4:30 pm
Forum: PMP® Queries and Tips
Topic: Network Diagram question
Replies: 13
Views: 2453

Re: Network Diagram question

Activity C is the only activity which is not on Critical path.
EF for C is 6, and LF is 7 (as if E need to start on 8th day, C can start as late as 7th day).

C has 1 day as free float
by indusharma
Mon Jun 09, 2014 4:28 pm
Forum: PMP® Open Forum
Topic: EMV Value Question from Youtube
Replies: 5
Views: 1509

Re: EMV Value Question from Youtube

In the scenario posted by Saket , we need to select option which can give us better outcome, case of opportunity type of uncertainty. So we have selected option giving larger EMV. In the second scenario, we need to calculate how much we need to spend to mitigate a threat. The EMV for going with heav...
by indusharma
Mon Jun 09, 2014 4:12 pm
Forum: PMP® Open Forum
Topic: Finish-to-Finish+3 day lag
Replies: 10
Views: 2243

Re: Finish-to-Finish+3 day lag

From my calculation, 13 days is the answer.
If we take A as predecessor and B as successor and ES of A as , duration will be 13 days. Here is the justification
by indusharma
Mon Jun 09, 2014 10:43 am
Forum: PMP® Queries and Tips
Topic: Risk Breakdown Structure
Replies: 3
Views: 1040

Re: Risk Breakdown Structure

For example of Risk Breakdown Structure, Please see the attached pic.

RiskBreakdownStructure.jpg
RiskBreakdownStructure.jpg (55.84 KiB) Viewed 1022 times


Reference - Page #317, Fig 11.4, PMBOK5


Regards
by indusharma
Mon Jun 09, 2014 7:29 am
Forum: PMP® Queries and Tips
Topic: Network Diagram question
Replies: 13
Views: 2453

Re: Network Diagram question

Venkat ,

We will look into this quampus question :)

Regards

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