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by Prachi Bansal
Tue Jan 30, 2018 6:55 am
Forum: PMP® Exam Lessons – Success Stories
Topic: Passed PMP in fist attempt on 28.01.2018
Replies: 4
Views: 346

Re: Passed PMP in fist attempt on 28.01.2018

Ajay, Please find my reply 1. how many questions you faced directly coming out of glossary?- There was no direct questions on glossary but was included in questions. You should understand them instead of memorizing them. 2. going through each one is difficult (even if you go through by understandin...
by Prachi Bansal
Tue Jan 23, 2018 7:39 am
Forum: PMP® Open Forum
Topic: Advise on how to go with PMP preprations in 40 days
Replies: 4
Views: 321

Re: Advise on how to go with PMP preprations in 40 days

I passed my exam last month and i think you have enough time to study and pass as you are not new to the PMBOK. give all the 5 mocks analyze them and identify your weak areas and look it up in rita or Headfirst. Contrary to what people have shared in the forms and webinar I found my exam a mix of e...
by Prachi Bansal
Tue Jan 16, 2018 6:53 am
Forum: PMP® Open Forum
Topic: Advise on how to go with PMP preprations in 40 days
Replies: 4
Views: 321

Advise on how to go with PMP preprations in 40 days

Hi All, I would need your advise on how to go with PMP preparations. Exam Date: 26/02/2018 So I registered back in Mar'17 and since then my preparations are going on and off. I have read PMBOK twice but once in June'17 and once in Oct'17. I have gone through all the Izenbridge videos almost 3 times ...
by Prachi Bansal
Mon Jul 31, 2017 6:14 am
Forum: PMP® Open Forum
Topic: Earned Value Management
Replies: 2
Views: 628

Re: Earned Value Management

Actual Cost is the money spent/incurred to complete a part of the project. While, Earned Value is the $ value you have earned while doing that part of the project or according to the plan how much $ amount of work you have completed. For Eg: You have to complete a project in 10 months and budget for...
by Prachi Bansal
Thu Jul 20, 2017 6:42 am
Forum: PMP® Open Forum
Topic: Procurement Management Plan
Replies: 5
Views: 1270

Re: Procurement Management Plan

Answer should be 1. Because Plan Procurement Management Process is producing Procurement SOW as an O/P. So it does define Procurement SOW. Question: You are considering hiring service of some vendors regarding a utility development in your project. You have started with Plan procurement process, as ...
by Prachi Bansal
Thu Jul 20, 2017 6:40 am
Forum: PMP® Open Forum
Topic: Procurement Management Plan
Replies: 5
Views: 1270

Re: Procurement Management Plan

Option 4 is correct for this question. Yes you are right that by procuring any service/product in our project we are transferring risk but impact of risk transfer would be on "Risk Register" or any other risk document but it can't impact "Risk Management Plan". I think the questi...
by Prachi Bansal
Mon Jul 17, 2017 6:04 am
Forum: PMP® Open Forum
Topic: Conduct Procurement
Replies: 2
Views: 549

Re: Conduct Procurement

I would like to give my opinion here. Option 2 can't be correct since procurement SOQ which was created by Buyer was same and was sent to all other suppliers/contractors as well. Since out of 15 only 2 contractors bid low, this can't be the reason. I would go for Option 1. That seems most appropriat...
by Prachi Bansal
Mon Jun 19, 2017 7:24 am
Forum: PMP® Open Forum
Topic: Stakeholder Management
Replies: 6
Views: 889

Re: Stakeholder Management

According to me, 2 should be the correct response as providing events, milestones and deliverable due dates is PM's responsibility. Customer or sponsor might provide inputs to them but Core responsibility of finalizing them lies with the PM. 2 Provide key events, milestones, and deliverable due date...
by Prachi Bansal
Tue Apr 18, 2017 7:06 am
Forum: PMP® Open Forum
Topic: Estimate Costs
Replies: 1
Views: 455

Estimate Costs

What is the difference between Direct Costs and Indirect Costs? Please explain giving examples.
by Prachi Bansal
Mon Mar 27, 2017 10:06 am
Forum: PMP® Queries and Tips
Topic: Work Performance Data , Report and Information
Replies: 4
Views: 1213

Re: Work Performance Data , Report and Information

Hi, Work Performance Data is the output of Direct and Manage Project Work (from Project Integration Management) and is input to all the processes of Monitoring and Control Process Group (except Perform Integrated Change Control process from Project Integration Management). Work Performance Informati...
by Prachi Bansal
Fri Feb 17, 2017 10:22 am
Forum: PMP® Open Forum
Topic: Earned Value Management Question
Replies: 2
Views: 809

Re: Earned Value Management Question

Hi.. The link you mentioned provides solution which is saying "A" as correct answer. However, Correct answer in assessment is "D".
by Prachi Bansal
Mon Feb 13, 2017 7:11 am
Forum: PMP® Queries and Tips
Topic: Project Team members record the time spend on different activities during the day
Replies: 2
Views: 750

Re: Project Team members record the time spend on different activities during the day

I also think answer should be B and not C. They are recording what they are time at the time they are actually doing it. So It should be an "Execution PG" process.
by Prachi Bansal
Mon Feb 13, 2017 5:21 am
Forum: PMP® Open Forum
Topic: Earned Value Management Question
Replies: 2
Views: 809

Earned Value Management Question

Please help. I can't reach to the correct solution. Mark is in execution phase of the road construction project in a town which has total duration of 12 months and work effort evenly distributed. 3 months down the line during the execution phase mark realizes that there is a change in local law whic...
by Prachi Bansal
Fri Jan 27, 2017 6:29 am
Forum: PMP® Open Forum
Topic: PMBOK or Rita Mulachy
Replies: 1
Views: 557

PMBOK or Rita Mulachy

Hi All,

I have watched all the lesson videos once. I also made notes along while watching. What should be my next step?

Should I start reading Rita Mulachy or PMBOK? From which book I will get most?

Thanks in Advance!!
by Prachi Bansal
Sun Jan 22, 2017 4:19 pm
Forum: PMP® Open Forum
Topic: Project Communication Management
Replies: 1
Views: 597

Project Communication Management

Hi All, I am having 3 questions in this Knowledge Area. It would be great If anyone could answer them. 1) Will the O/P of Manage Communication Process which is Project Communication will get updated in WPD since it's in Execution PG? 2) In Communication Management Plan process, One O/P is "Upda...
by Prachi Bansal
Mon Jan 02, 2017 3:21 am
Forum: PMP® Open Forum
Topic: PDF for PMBOK 5th Edition required
Replies: 3
Views: 1048

Re: PDF for PMBOK 5th Edition required

Hi.. thanks for the reply.. I wrote to them but haven't got any reply yet. In case you are having that, can you please email me that?
by Prachi Bansal
Fri Dec 30, 2016 7:11 am
Forum: PMP® Open Forum
Topic: PDF for PMBOK 5th Edition required
Replies: 3
Views: 1048

PDF for PMBOK 5th Edition required

Hi All, I need the soft copy of PMBOK 5th Edition. As I get a lot of free time in office and I want to utilize it studying PMP which is difficult using it's hard copy. It would be a great help if someone can email me the soft copy(which I can't find on google). My email address bansal.prachi1990@gma...

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