Search found 58 matches

by harin4627
Wed Jul 09, 2014 9:37 pm
Forum: PMP® Open Forum
Topic: Any Trick for remembering input/output/tools
Replies: 5
Views: 1882

Re: Any Trick for remembering input/output/tools

Some inputs on processes I used as a brain dump. Pretty interesting number patterns which we can easily remember. numbers denote the process number in that knowledge area. I found this as extremely helpful while writing the exam.
by harin4627
Fri Jul 04, 2014 2:05 am
Forum: PMP® Exam Lessons – Success Stories
Topic: Thanks!!!
Replies: 4
Views: 1272

Thanks!!!

Cleared CAPM exam today in the first attempt. Thanks to Saket, Namita and Indu for their help.
It was a nice experience to be part of this forum.
Thanks again!
by harin4627
Wed Jul 02, 2014 7:43 pm
Forum: PMP® Queries and Tips
Topic: Cost Budget
Replies: 4
Views: 987

Re: Cost Budget

thanks Venkat.
Just wanted to check the term "Cost Budget".to make sure that the real meaning is project budget...I have heard cost budget as cost basline. I checked PMBOK, but there is no reference about this. PMBOK talks about "project budget"only.
by harin4627
Wed Jul 02, 2014 7:40 pm
Forum: PMP® Queries and Tips
Topic: Histogram and Pareto diagram
Replies: 1
Views: 1271

Histogram and Pareto diagram

Out of the following control tool which can help you as the project manager to quantify and categorize defects according to sources? Scatter chart Pareto diagram Histogram Cause and effect diagram Quampus answer: Pareto diagram. Pareto diagram lists the categories according to sources and frequency....
by harin4627
Wed Jul 02, 2014 7:36 pm
Forum: PMP® Queries and Tips
Topic: Independent estimate: Quampus question
Replies: 2
Views: 1665

Independent estimate: Quampus question

Larry is the project manager and working with procurement department of his organization to do procurement for his project. Procurement department said these are usual commodities and same has been procured many time. Also as this has been procured multiple times, generally they receive response fro...
by harin4627
Wed Jul 02, 2014 7:35 pm
Forum: PMP® Queries and Tips
Topic: Dependency: Quampus Question
Replies: 1
Views: 864

Dependency: Quampus Question

Which of the following represents a relationship between project activities and non-project activities? Mandatory Dependency External Dependency Discretionary Dependency Internal Dependency What will be an example of such a dependency on project activity by non project activity? Why it can't be inte...
by harin4627
Wed Jul 02, 2014 7:32 pm
Forum: PMP® Queries and Tips
Topic: variance analysis
Replies: 1
Views: 1048

variance analysis

Variance analysis refers to cost performance measurements used to assess the magnitude of variation in comparison to the original cost baseline. What is the trend on the percentage range of acceptable variances as the project progresses? The percentage range of acceptable variances will tend to decr...
by harin4627
Wed Jul 02, 2014 7:29 pm
Forum: PMP® Queries and Tips
Topic: Stakeholders : Quampus question
Replies: 1
Views: 914

Stakeholders : Quampus question

When we talk about projects which are based on established contract or initiated by statement of work, what is the role of procurement document or project charter in identification of stakeholders? To get list of parties who negatively or positively influence project. To get list of parties who nega...
by harin4627
Wed Jul 02, 2014 6:52 pm
Forum: PMP® Queries and Tips
Topic: Cost Budget
Replies: 4
Views: 987

Cost Budget

After doing bottom up estimating, you derive the total estimated cost of a project as $300,000. The contingency reserve is $10,000. The management has kept the reserve of $15,000. What is the cost budget of the project? $310,000 $320,000 $325,000 $315,000 What is the definition of cost budget? I am ...
by harin4627
Wed Jul 02, 2014 6:49 pm
Forum: PMP® Queries and Tips
Topic: operations: Quampus Question
Replies: 1
Views: 672

operations: Quampus Question

To maximize success for your project, you understand that identification of all stakeholders and classifying them in appropriate categories is critical. Along with sponsor you are in process of identifying stakeholders in initial stage of project. Your sponsor tells you that since the project will r...
by harin4627
Wed Jul 02, 2014 6:48 pm
Forum: PMP® Queries and Tips
Topic: user stories quampus question
Replies: 6
Views: 2095

user stories quampus question

Sheila and team are developing user stories as part of your requirements gathering phase. Which Tools and techniques are they possibly using?
Interviews
Questionnaires and surveys
Facilitated workshops
Observations

Can anybody explain what is user stories?
by harin4627
Wed Jul 02, 2014 6:46 pm
Forum: PMP® Queries and Tips
Topic: Beta or Triangular : Quampus Question
Replies: 1
Views: 930

Beta or Triangular : Quampus Question

You are project manager in planning a road construction project. It has been decided to outsource work for digging roads. In most probability you will be using services of vendor A which will cost around 15Mn - however it may also happen that you may end up using services of vendor B which will cost...
by harin4627
Wed Jul 02, 2014 6:45 pm
Forum: PMP® Queries and Tips
Topic: Milestone:quampus question
Replies: 1
Views: 883

Milestone:quampus question

You are the project manager and working on process of activity sequencing. Before you move on to the next step i.e. construction phase, you get to know that your company has a policy of having every software project reviewed and approved by the Architecture Review Board prior to the construction pha...
by harin4627
Wed Jul 02, 2014 6:42 pm
Forum: PMP® Open Forum
Topic: Critical Path with All four Relationships
Replies: 24
Views: 6186

Re: Critical Path with All four Relationships

Duration of critical path activity should be equal to 12. That is not the case with A-C-F-H
Other than this, I think your calculations match with Saket's PSND.
by harin4627
Mon Jun 30, 2014 4:39 pm
Forum: PMP® Open Forum
Topic: ES & LS calculation
Replies: 3
Views: 1221

Re: ES & LS calculation

I think it is better to go by day 1 concept rather than day 0
1. PMBOK recommends that process.
2. if question is asked without mentioning the 0 or 1 concept, it is always 1 since PMBOK refers the process that way.
3. This may create confusion if you are asked to calculate duration based on ES and EF.
by harin4627
Sun Jun 29, 2014 3:16 pm
Forum: PMP® Open Forum
Topic: Critical Path with All four Relationships
Replies: 24
Views: 6186

Re: Critical Path with All four Relationships

thank you very much, Saket. Activity F finish date is confusing me...is it 10 or 11? should we reduce 1 day or is it simply 2+9
by harin4627
Sat Jun 28, 2014 2:42 pm
Forum: PMP® Open Forum
Topic: Critical Path with All four Relationships
Replies: 24
Views: 6186

Re: Critical Path with All four Relationships

Namita/Saket
Can you please clarify?
by harin4627
Fri Jun 27, 2014 1:52 pm
Forum: PMP® Open Forum
Topic: HR
Replies: 2
Views: 850

Re: HR

Personal Powers : Referent , Expert
Positional Powers: Legitimate (formal), Reward, Penalty

Personal powers are better than positional powers.
by harin4627
Thu Jun 26, 2014 9:59 pm
Forum: PMP® Open Forum
Topic: Critical Path with All four Relationships
Replies: 24
Views: 6186

Re: Critical Path with All four Relationships

1. ES-EF or LS-LF should be same. We can’t have differing values here. We can't change the "duration of the activity" based on LS/LF/ES/EF values. 2. While doing a forward pass, for FS relationship we add 1. For other relationships, we don’t add 1. So while doing backpass, we should not re...
by harin4627
Thu Jun 26, 2014 5:38 pm
Forum: PMP® Open Forum
Topic: Critical Path with All four Relationships
Replies: 24
Views: 6186

Re: Critical Path with All four Relationships

@kripa: for FS relationship we can add +1. Not for SS or SF (because the day will be the same day not the next day as in case oof FS relationship). So it can go max by 11. Now I think I should have put 11. :? (2+9)....waiting for somebody to confirm.
by harin4627
Thu Jun 26, 2014 2:18 pm
Forum: PMP® Open Forum
Topic: Critical Path with All four Relationships
Replies: 24
Views: 6186

Re: Critical Path with All four Relationships

Thanks for reposting. Going by day 0 principle, I have found some questions asking to calculate duration based on ES and EF. If we follow 0 and 1 day principles, both will give different answers. Since PMBOK is saying day 1 principle, I thought we can avoid that confusion. I have got a slightly diff...
by harin4627
Wed Jun 25, 2014 6:54 pm
Forum: PMP® Open Forum
Topic: Critical Path with All four Relationships
Replies: 24
Views: 6186

Re: Critical Path with All four Relationships

Wouldn’t it be better if this is done with a start date of 1? PMBOK 5 recommends that way.
by harin4627
Sat Jun 21, 2014 4:01 pm
Forum: PMP® Queries and Tips
Topic: STANDARD DEVIATION
Replies: 4
Views: 1446

Re: STANDARD DEVIATION

I think there is a confusion between range of sigma. -/+ 3 sigma gives the range as "6 sigma range" from the upper to lower from the mean. But when it is not mentioning about range, 6 sigma means 3.4 mistakes/deviation out of 1 million.(99.99966% accuracy). So in this question limits becom...
by harin4627
Thu Jun 19, 2014 4:18 pm
Forum: PMP® Exam Lessons – Success Stories
Topic: I HAVE CLEARED MY PMP EXAM YESTERDAY IN MY FST ATTEMPT
Replies: 22
Views: 5124

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

Hi Royal
Congrats.

Can you please point me towards any site which is having free questions (one or two which you feel that most reliable)
by harin4627
Tue Jun 17, 2014 5:09 pm
Forum: PMP® Queries and Tips
Topic: Cost Plus Fixed Fee
Replies: 10
Views: 2963

Re: Cost Plus Fixed Fee

Thanks....Now I got it.....Oh my brain :!:
by harin4627
Tue Jun 17, 2014 5:06 pm
Forum: PMP® Open Forum
Topic: Query on Validated Changes
Replies: 8
Views: 3594

Re: Query on Validated Changes

Change requests (mainly through the M & C process and few other processes like plan procurement) goes to Perform integrated change control for the authorisation from the Change control board and emerges out as Approved change request. These approved change requests goes to Direct and Manage Proj...
by harin4627
Tue Jun 17, 2014 2:16 pm
Forum: PMP® Queries and Tips
Topic: Cost Plus Fixed Fee
Replies: 10
Views: 2963

Re: Cost Plus Fixed Fee

I am still not clear.
It is talking about the calculation of fixed fee based on a percentage of costs. PMBOK says it is calculated as a percentage of the intial estimated cost. But this answer says it as a percentage of actual cost.
by harin4627
Mon Jun 16, 2014 7:12 pm
Forum: PMP® Queries and Tips
Topic: Cost Plus Fixed Fee
Replies: 10
Views: 2963

Re: Cost Plus Fixed Fee

question attached
by harin4627
Mon Jun 16, 2014 2:04 am
Forum: PMP® Queries and Tips
Topic: Performance Assessment
Replies: 1
Views: 1002

Performance Assessment

Personal assessment tools, Team performance assessment (develop project team)
Project performance appraisals (manager project team)

these terms looks similar...how to differentiate them? Examples will be great!
by harin4627
Sun Jun 15, 2014 7:03 pm
Forum: PMP® Queries and Tips
Topic: use a defined approach to meet the project objectives
Replies: 1
Views: 912

use a defined approach to meet the project objectives

In order for the project to be successful, it is not usually necessary for a project team to 1. use a defined approach to meet the project objectives 2.Buy highly sophisticated project management software and train the project team members in its application 3. Comply with requirements to meet stake...
by harin4627
Sun Jun 15, 2014 6:58 pm
Forum: PMP® Queries and Tips
Topic: Cost Plus Fixed Fee
Replies: 10
Views: 2963

Re: Cost Plus Fixed Fee

PMBOK page 364 says " the seller is reimbursed for all allowable costs for performing the contract work, and receives a fixed-fee payment calculated as a percentage of the initial estimated project costs" . Some question banks says "final costs"...that is where the confusion is. ...
by harin4627
Sun Jun 15, 2014 5:15 pm
Forum: PMP® Queries and Tips
Topic: Decision Making Styles
Replies: 1
Views: 1007

Decision Making Styles

The basic decision making styles of a project manager include all these except
1. Coin flip (random)
2.Command
3. Consultation
4. Rational choice theory

can somebody help me here? What are all these?
by harin4627
Sun Jun 15, 2014 5:10 pm
Forum: PMP® Queries and Tips
Topic: Cost Plus Fixed Fee
Replies: 10
Views: 2963

Cost Plus Fixed Fee

In this type of contract, the fixed fee is based on what? Is it based on the initial estimate or actual cost incurred finally?
by harin4627
Thu Jun 12, 2014 1:31 am
Forum: PMP® Queries and Tips
Topic: validation and verification
Replies: 3
Views: 1608

Re: validation and verification

PMBOK page 566 Verification: The evaluation of whether or not a product, service or system complies with a regulation, requirement, specification or imposed condition. It is often an internal process Validation: The assurance that a product or service, or system meets the needs of the customer and o...
by harin4627
Wed Jun 11, 2014 5:20 pm
Forum: PMP® Queries and Tips
Topic: Negotiation
Replies: 4
Views: 1310

Negotiation

A functional manager is weighting the benefits and visibility of three competing projects to decide which project to assign the critical resources. Project A manager is calming that his project has high NPV whereas project B manager is saying he is having high IRR. Project C manager has clear visibi...
by harin4627
Wed Jun 11, 2014 1:15 am
Forum: PMP® Open Forum
Topic: Query on Control Chart PMP question
Replies: 3
Views: 1907

Re: Query on Control Chart PMP question

First check: all the measurements are within control limits. Hence no problem. Second check: find the mean value. (20.045-19.955)/2=.09/2=.045 that is the mean value is 20.00 (equal distance to upper and lower control limits) Now again check the values: last seven points are below the mean value 20,...
by harin4627
Tue Jun 10, 2014 5:46 pm
Forum: PMP® Queries and Tips
Topic: Failure Mode and Effect Analysis : Quampus Question
Replies: 2
Views: 1431

Failure Mode and Effect Analysis : Quampus Question

A team of engineers is reviewing the design of product to evaluate ways in which the product or its component may lead to the failure. The intent of the discussion is to minimize the likelihood of failure and the effects of any failure. What is this process called? 1.SWOT Analysis 2.Quantitative Ana...
by harin4627
Tue Jun 10, 2014 5:36 pm
Forum: PMP® Queries and Tips
Topic: Quality Assurance
Replies: 3
Views: 1275

Re: Quality Assurance

The above question was from Quampus. There is another question in Quampus Catharine is the Project Manager and currently performing quality assurance process. Which of the below she will not use for this? Statistical Sampling Scatter Diagram Inspection Trend Analysis Here is answer is trend analysis...
by harin4627
Mon Jun 09, 2014 9:07 pm
Forum: PMP® Queries and Tips
Topic: Quality Assurance
Replies: 3
Views: 1275

Quality Assurance

Tools or techniques not necessary for the quality assurance process
1. Paretto chart
2. Statistical sampling
3. Audit
4. Inspection.

Answer given as statistical sampling.

Do we use statistical sampling while doing quality assurance? PMBOK does not mention this as a tool and technique.
by harin4627
Mon Jun 09, 2014 7:46 pm
Forum: PMP® Queries and Tips
Topic: EEF and OPA
Replies: 3
Views: 1493

EEF and OPA

Organisational infrastructure
whether this one fall under EEF or OPA?
by harin4627
Mon Jun 09, 2014 4:40 pm
Forum: PMP® Queries and Tips
Topic: stakeholders engagement assessment matrix
Replies: 1
Views: 1163

stakeholders engagement assessment matrix

In the stakeholder management knowledge area, a stakeholders engagement assessment matrix is 1. A tool used in Manage Stakeholder Engagement 2. An input to Control Stakeholder Engagement 3. An output of Identify stakeholders 4. A tool used in plan stakeholder management Answer by Rita is 4. Stakehol...
by harin4627
Mon Jun 09, 2014 2:53 pm
Forum: PMP® Queries and Tips
Topic: Network Diagram question
Replies: 13
Views: 3920

Re: Network Diagram question

Activity "c" has one day free float
by harin4627
Sat Jun 07, 2014 6:30 pm
Forum: PMP® Queries and Tips
Topic: cost management plan
Replies: 3
Views: 1443

Re: cost management plan

thank you for the reply. but after estimating costs and determine budget process, do the outputs go back to cost management plan? whether cost baseline becomes a part of cost management plan after these processes?
by harin4627
Sat Jun 07, 2014 1:42 am
Forum: PMP® Queries and Tips
Topic: Common cause and special cause
Replies: 1
Views: 1079

Common cause and special cause

If seven consecutive data points are within the control limit, is that a common cause or a special cause?
by harin4627
Fri Jun 06, 2014 9:48 pm
Forum: PMP® Queries and Tips
Topic: cost management plan
Replies: 3
Views: 1443

cost management plan

quampus question Cost Management Plan contains description of 1. The project costs 2. The way resources are allocated 3. The project budgets 4. The WBS level at which earned value will be calculated. Except for option 2, I think all other options are there in cost management plan. But the answer is ...
by harin4627
Fri Jun 06, 2014 1:17 pm
Forum: PMP® Queries and Tips
Topic: Risk Breakdown Structure
Replies: 3
Views: 1595

Re: Risk Breakdown Structure

Thanks....is it somekind of org chart model representation? How does it look like?
by harin4627
Thu Jun 05, 2014 2:56 pm
Forum: PMP® Queries and Tips
Topic: Risk Breakdown Structure
Replies: 3
Views: 1595

Risk Breakdown Structure

Is there anything called Risk Breakdown Structure? What is it?
by harin4627
Thu Jun 05, 2014 4:16 am
Forum: PMP® Open Forum
Topic: To calculate freefloat
Replies: 23
Views: 4981

Re: To calculate freefloat

good lesson for me...don't jump into conclusion without considering multiple relationships....I completely ignored a-c relationship. always better to draw complete diagram with forward and backward passes and answer :x
by harin4627
Thu Jun 05, 2014 3:39 am
Forum: PMP® Queries and Tips
Topic: Project Charter internal or External
Replies: 8
Views: 3240

Re: Project Charter internal or External

There is a confusion about the language PMBOK uses "The sponsor may be external or internal to the project manager's organizsation" PMBOK page 32 second sentence under sponsor. it did not use the wording project organisation which would have given a different meaning. the wording "pro...
by harin4627
Wed Jun 04, 2014 3:57 pm
Forum: PMP® Open Forum
Topic: To calculate freefloat
Replies: 23
Views: 4981

Re: To calculate freefloat

Free Float: Predecessor activity can be delayed without affecting the early start date of successor activity. Here A can be delayed by 2 days without affecting the successor activity E (E starts after 7 days since depended on finish of B). So free float is 2 days. Am I correct? :?

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