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by pankaj.barnwal
Thu Sep 18, 2014 9:29 am
Forum: PMP® Exam Lessons – Success Stories
Topic: I have cleared PMP exam
Replies: 13
Views: 2332

Re: I have cleared PMP exam

Sorry for late reply. I was out of town. Well, my approach for preparation was simple: Gave 2 months timeframe to myself and scheduled exam. Paid money, so no getting back. 1. Study Rita book first, then study PMBOK. 2. Then attempt chapter end questions of Rita. 3. Study Rita book 2nd time, and the...
by pankaj.barnwal
Mon Aug 18, 2014 9:51 am
Forum: PMP® Exam Lessons – Success Stories
Topic: I have cleared PMP exam
Replies: 13
Views: 2332

Re: I have cleared PMP exam

Thanks Saket.

I got it.
by pankaj.barnwal
Thu Aug 14, 2014 6:47 am
Forum: PMP® Open Forum
Topic: FF-2 Duration
Replies: 3
Views: 581

Re: FF-2 Duration

13 days
by pankaj.barnwal
Wed Aug 13, 2014 11:23 am
Forum: PMP® Exam Lessons – Success Stories
Topic: I have cleared PMP exam
Replies: 13
Views: 2332

Re: I have cleared PMP exam

Also, I went to PMI site. There it is written differently for renewal... *********************************************************** Annual Fees: $129.00 Benefits Description: Individual membership renewal is for existing PMI members who wish to continue receiving the benefits a membership in PMI ha...
by pankaj.barnwal
Wed Aug 13, 2014 10:59 am
Forum: PMP® Exam Lessons – Success Stories
Topic: I have cleared PMP exam
Replies: 13
Views: 2332

Re: I have cleared PMP exam

Hi Saket, I was going through your blog for "60 PDUs renewal - PDU tips for people who did their PMP certification recently". I cleared my PMP certification on 11-Aug-2014. So, it means if I want to avail 6 years renewal in 60 PDUs, then I have to complete all 60 PDUs and $60 in 30 days or...
by pankaj.barnwal
Wed Aug 13, 2014 9:11 am
Forum: PMP® Exam Lessons – Success Stories
Topic: I have cleared PMP exam
Replies: 13
Views: 2332

Re: I have cleared PMP exam

Thanks to all of you.

Even I am thinking of doing ACP now, but bit confused. So, I will check link of ACP that Saket sent me.
by pankaj.barnwal
Tue Aug 12, 2014 8:41 am
Forum: PMI-ACP® Open Forum
Topic: Is ACP certification worth?
Replies: 1
Views: 686

Is ACP certification worth?

Hi Saket,

I need your genuine opinion on ACP certification?

Is it worth and does it add any market value, if a person gets ACP?

Thanks for help.
by pankaj.barnwal
Tue Aug 12, 2014 8:37 am
Forum: PMP® Exam Lessons – Success Stories
Topic: I have cleared PMP exam
Replies: 13
Views: 2332

I have cleared PMP exam

Hi all, I have cleared PMP exam yesterday. Thanks to the group of Izenbridge - Namita, Saket.....for their help and others who pitched in with useful comments. Exam was easy, but preparation for PMP is tough..... Finding time to study, doing so many practice questions..... Multiple reading of Rita a...
by pankaj.barnwal
Wed Jul 30, 2014 12:39 pm
Forum: PMP® Open Forum
Topic: Rist Response Strategy
Replies: 10
Views: 1049

Re: Rist Response Strategy

How can you avoid a risk that has occurred?
by pankaj.barnwal
Wed Jul 30, 2014 8:09 am
Forum: PMP® Open Forum
Topic: sample test question
Replies: 13
Views: 1290

Re: sample test question

Similar question from Rita: Q. Prior to acceptance of project scope statement, senior management has imposed a project delivery date. To whom is project manager most accountable? 1. Project team 2. Customer 3. Project Sponsor 4. Senior management Rita's explaination: As per Rita, The project manager...
by pankaj.barnwal
Wed Jul 30, 2014 8:04 am
Forum: PMP® Open Forum
Topic: Rist Response Strategy
Replies: 10
Views: 1049

Re: Rist Response Strategy

The question says "disturbance has increased the project budget by 15%".
It means that budget has already increases. so, in this case, you don't have any other option than Accept risk.
by pankaj.barnwal
Mon Jul 28, 2014 8:52 am
Forum: PMP® Open Forum
Topic: Control Chart
Replies: 9
Views: 984

Re: Control Chart

Stop production and revisit what is the issue.
there is no point in continuing.
by pankaj.barnwal
Fri Jul 25, 2014 10:36 am
Forum: PMP® Open Forum
Topic: Cost management Q
Replies: 6
Views: 776

Re: Cost management Q

This is talking about cutting the estimate and it is not wise to cut estimate at a high level.
It's better to inform sponsor (in this case) that for new estimates, there must be scope change.

My answer is:
"C. Inform the sponsor of the activities to be cut
by pankaj.barnwal
Fri Jul 25, 2014 10:18 am
Forum: PMP® Open Forum
Topic: HR management Q
Replies: 8
Views: 1979

Re: HR management Q

For resource, either Functional manager or sponsor can only provide.
Now, just by sending resource histogram to functional manager will not help PM to gain resources or come to a conclusion. But discussing with them or taking their opinions, PM can definitely look for options to get resources.
by pankaj.barnwal
Wed Jul 23, 2014 9:03 am
Forum: PMP® Exam Lessons – Success Stories
Topic: I have passed PMP on 21st July- thanks mr. saket
Replies: 4
Views: 878

Re: I have passed PMP on 21st July- thanks mr. saket

Congratulations....

I have my exam on 11-Aug... Can I have your no. to talk to you regarding some inputs on PMP exam?
by pankaj.barnwal
Mon Jul 21, 2014 8:56 am
Forum: PMP® Open Forum
Topic: Q1 on Closing....
Replies: 3
Views: 575

Q1 on Closing....

"The activities of product validation, updating records, performing an audit, and archiving lessons learned are all activities of ? 1. Close Project or Phase 2. Close Procurements." As per Rita, answer is Close Procurements Is Product validation part of Close Project or Phase? I am talking...
by pankaj.barnwal
Mon Jul 21, 2014 8:55 am
Forum: PMP® Open Forum
Topic: Q2 on Procurement
Replies: 3
Views: 516

Q2 on Procurement

"Which of following regarding performance reporting is Correct? (1) It is done during project executing and Project M&C, or (2) It is done during project executing and Project Closure " "As per Rita, answer is (2). Reason: The Manage Communications process in executing includes pe...
by pankaj.barnwal
Mon Jul 21, 2014 8:54 am
Forum: PMP® Open Forum
Topic: Q on Procurement
Replies: 2
Views: 488

Q on Procurement

Q. With a clear Procurement SoW, a seller completes work as specified but buyer is not pleased with results. The contract is considered to be complete? As Per Rita: "If the seller completes the work specified in the procurement statement of work, the contract is considered complete. That does n...
by pankaj.barnwal
Sat Jul 19, 2014 1:12 pm
Forum: PMP® Open Forum
Topic: Is there specific sequence of activities of project closure
Replies: 1
Views: 461

Is there specific sequence of activities of project closure

Is there any specific sequence for activities of phase or project closure, and Close Procurements?

Like Customer sign-off must be taken first before doing anything else...
by pankaj.barnwal
Sat Jul 19, 2014 12:54 pm
Forum: PMP® Open Forum
Topic: Is Procurement Validated as part of Procurement Closure?
Replies: 3
Views: 647

Is Procurement Validated as part of Procurement Closure?

PMBOK does not mention this.

But Rita's book mention validation in procurement closure.

Please clarify.
by pankaj.barnwal
Sat Jul 19, 2014 11:29 am
Forum: PMP® Open Forum
Topic: Question on termination
Replies: 3
Views: 757

Question on termination

Q. An emergency meeting was called in by your sponsor and your are surprise to hear that your project has been terminated with immediate effect. What wil you do NEXT? Options: a. Perform Procurement Audits b. update records management system c. start close procurement process d. validate the project...
by pankaj.barnwal
Wed Jul 16, 2014 9:37 am
Forum: PMP® Open Forum
Topic: Poll on Critical Path and Life Cycle
Replies: 1
Views: 524

Re: Poll on Critical Path and Life Cycle

I wrongly voted. Anyway, it is used least in Iterative. In case of predictive, all planning is done in advance. So, there is clear idea of all scope and schedule. Also, in Adaptive we have fair idea as we build on as deliverables are clear. But in Iterative, complete implementation depends on model...
by pankaj.barnwal
Tue Jul 15, 2014 9:05 am
Forum: PMP® Open Forum
Topic: Is Project Communication similar to WPI +WPR?
Replies: 4
Views: 906

Re: Is Project Communication similar to WPI +WPR?

OK....
Actually I got confused as WPR, WPI and Project Communications are all project documents.
And whatever information is contained in Project Communication, is already available in WPI and WPR.
Then why Project Communication is still used?
by pankaj.barnwal
Mon Jul 14, 2014 11:58 am
Forum: PMP® Open Forum
Topic: Why Project funding requirement updated as part of o/p?
Replies: 3
Views: 810

Why Project funding requirement updated as part of o/p?

Why Project funding requirement updated as part of o/p of Manage Comm? Pg 302 PMBOK
by pankaj.barnwal
Mon Jul 14, 2014 11:57 am
Forum: PMP® Open Forum
Topic: Is Project Communication similar to WPI +WPR?
Replies: 4
Views: 906

Is Project Communication similar to WPI +WPR?

Is Project Communication similar to WPI +WPR?

Because as per PMBOK (pg 304), it contains:
• Deliverables status,
• Schedule progress, and
• Costs incurred.
by pankaj.barnwal
Mon Jul 14, 2014 11:55 am
Forum: PMP® Open Forum
Topic: Project Schedule: why output?
Replies: 2
Views: 380

Project Schedule: why output?

Why Project Schedule updated as part of output of communication mgmt plan and Manage Communications? Pg 297 PMBOK
by pankaj.barnwal
Mon Jul 14, 2014 11:54 am
Forum: PMP® Open Forum
Topic: Cummunication Management Plan doubt...
Replies: 2
Views: 510

Cummunication Management Plan doubt...

Why "glossary of common terminology" specifically included in Communication Management plan?

Glossary should be part of all management plan.
by pankaj.barnwal
Mon Jul 14, 2014 11:27 am
Forum: PMP® Exam Lessons – Success Stories
Topic: Today I have Cleared PMP EXam
Replies: 8
Views: 1425

Re: Today I have Cleared PMP EXam

Congrats Yogesh.

Please share your learnings, and how different are questions in PMP main exam, with respect to practice questions in Scordo and Rita Fast Track.

Thanks.
by pankaj.barnwal
Fri Jul 11, 2014 11:53 am
Forum: PMP® Open Forum
Topic: Question for Discussion-Team
Replies: 3
Views: 537

Re: Question for Discussion-Team

My answer:
B. Plan Communications

Because, this is not happening at execution time, rather project manager planned that team members record their time. So, it should be planning part.
by pankaj.barnwal
Fri Jul 11, 2014 8:44 am
Forum: PMP® Open Forum
Topic: Which formula for EAC and why ?.
Replies: 13
Views: 1995

Re: Which formula for EAC and why ?.

Hi Namita,

You mentioned in your post that:
Point#2 variations in schedule, SPI is required

so, in this case, we have to use formula:
EAC = AC + (BAC - EV)/(CPI * SPI)

Am I right?
by pankaj.barnwal
Fri Jul 11, 2014 8:36 am
Forum: PMP® Open Forum
Topic: What activity will be involved to obtain management reserve?
Replies: 23
Views: 4004

Re: What activity will be involved to obtain management rese

Issues are nowhere related with Risks. Is there any reference where it is written that issues are "unknown unknown" risnks?
by pankaj.barnwal
Thu Jul 10, 2014 5:31 am
Forum: PMP® Open Forum
Topic: Finish-to-Finish+3 day lag
Replies: 10
Views: 2094

Re: Finish-to-Finish+3 day lag

Thanks.
I got it..
by pankaj.barnwal
Thu Jul 10, 2014 5:28 am
Forum: PMP® Open Forum
Topic: [whats difference between workaround AND management reserves
Replies: 6
Views: 949

Re: [whats difference between workaround AND management rese

Please help me understand: there are 4 strategies for Risks: 1. Avoid/Exploit 2. Transfer/Share 3. Mitigate/Enhance 4. Accept (Active/Passive) So, you plan risk response for first 3 risk strategies and allocate time and cost reserve to them. So, this is not catered by contingency reserve. But for ac...
by pankaj.barnwal
Thu Jul 10, 2014 5:02 am
Forum: PMP® Open Forum
Topic: Critical Path with All four Relationships
Replies: 24
Views: 4067

Re: Critical Path with All four Relationships

I agree with M L Dahima.

There are 2 Critical Paths with same duration of 12 days.

Anyway, we can have multiple critical paths.
by pankaj.barnwal
Tue Jul 08, 2014 11:52 am
Forum: PMP® Open Forum
Topic: Finish-to-Finish+3 day lag
Replies: 10
Views: 2094

Re: Finish-to-Finish+3 day lag

Yes, I got it. I read that blog. There is 1 doubt in SF relationship. Activity A (duration of 3 days) has SF relationship with Activity B (duration of 2 days) with a Lag of 2 days. so, for A, ES=1, LS=3 for B, ES=2, LS=3. Am I right? Basically, what I want to understand is that if A starts today mor...
by pankaj.barnwal
Tue Jul 08, 2014 11:43 am
Forum: PMP® Open Forum
Topic: [whats difference between workaround AND management reserves
Replies: 6
Views: 949

Re: [whats difference between workaround AND management rese

Management reserve is reserve, used for unknown event that has happened, for which cost and time reserve is kept (i.e. for Passive Accepted Risk). As per PMBOK, Workaround. A response to a threat that has occurred, for which a prior response had not been planned or was not effective. So, workaround ...
by pankaj.barnwal
Tue Jul 08, 2014 7:11 am
Forum: PMP® Open Forum
Topic: Finish-to-Finish+3 day lag
Replies: 10
Views: 2094

Re: Finish-to-Finish+3 day lag

I plotted in excel and found the activity completion as below. Day 1 2 3 4 5 6 7 8 9 10 11 12 Act A: a a a a a a a a a a Act B: lag 1 lag 2 lag 3 b b b b b b b b b Finish-to-finish means Activity B can't complete before Activity A Complete. so, activity A completes by Day 10 and Acitivity B complete...
by pankaj.barnwal
Fri Jul 04, 2014 7:03 am
Forum: PMP® Open Forum
Topic: Identify Risk Query
Replies: 6
Views: 604

Re: Identify Risk Query

Yes I got it.

Some low risks can be identified, but it may be possible that that risk has almost negligible effect on deliverable.

Thanks.
by pankaj.barnwal
Fri Jul 04, 2014 6:02 am
Forum: PMP® Open Forum
Topic: Identify Risk Query
Replies: 6
Views: 604

Re: Identify Risk Query

Procurement closure comes in Close phase. So, it is possible that procurement closure happened, but it left some secondary risk that can lead to identify new risks? Also, in PMPBOK it is written that risk identification is done throughout the project. So, it means that it should be done till project...
by pankaj.barnwal
Fri Jul 04, 2014 5:55 am
Forum: PMP® Open Forum
Topic: Stakeholders Engagement Assessment Matrix query
Replies: 4
Views: 610

Re: Stakeholders Engagement Assessment Matrix query

Thanks Namita.

But 2 questions:
1. Who decides Desired value of stakeholder? Project Manager and Project Management Team?
2. At which process group, we determine Desired value?
by pankaj.barnwal
Thu Jul 03, 2014 10:36 am
Forum: PMP® Open Forum
Topic: Stakeholders Engagement Assessment Matrix query
Replies: 4
Views: 610

Stakeholders Engagement Assessment Matrix query

Stakeholders Engagement Assessment Matrix shows the current engagement and desired engagement. And this is done in Planning phase. My question is - At which stage (process) did we determine the desired engagement value? This should have come during planning stage only when we were identifying stakeh...
by pankaj.barnwal
Thu Jul 03, 2014 10:28 am
Forum: PMP® Open Forum
Topic: Identify Risk Query
Replies: 6
Views: 604

Identify Risk Query

Is risk identification done in Project/Phase Closing?

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