making of a great scrum master

Search found 45 matches

by VCAB
Mon May 08, 2017 6:12 pm
Forum: PMP® Open Forum
Topic: PMBOK DIAGRAM 5-10 AND 5-14 KINDLY EXPLAIN
Replies: 2
Views: 119

Re: PMBOK DIAGRAM 5-10 AND 5-14 KINDLY EXPLAIN

Folks nevermind, I found my answer....an input to Validate Scope is the Project Mgt (the scope baseline a subsidiary plan to the Project Mgt Plan
by VCAB
Mon May 08, 2017 2:19 am
Forum: PMP® Open Forum
Topic: PMBOK DIAGRAM 5-10 AND 5-14 KINDLY EXPLAIN
Replies: 2
Views: 119

PMBOK DIAGRAM 5-10 AND 5-14 KINDLY EXPLAIN

So, I have the jitteries about the PMP exam so I am reading the PMBOK again and listening to Rita abridged audio CD. Also, I noticed that I seem not to be able to break this 83% average scores and my goal is to make at least constantly 85% in practice tests. However, the 2nd time reading the PMBOK s...
by VCAB
Wed May 03, 2017 3:59 pm
Forum: PMP® Open Forum
Topic: Rita - Risk Quality Question
Replies: 2
Views: 105

Re: Rita - Risk Quality Question

the Answer is C, the question suggest that you are finding it difficult to technical quantify the cost impact of risk. Answer is used to provide dollar amount of the risk, which is exactly what the question says is difficult. Therefore you would need to use a more subjective measurement, which is C....
by VCAB
Mon May 01, 2017 1:35 pm
Forum: PMP® Mock Exams Open Questions
Topic: cost of quality questions
Replies: 4
Views: 195

Re: cost of quality questions

Let me attempt: Following is a question i came across in another forum. people saying answer as 'c' but not too convinced . Can someone pls explain . thanks . The way i see it ..'.do' of pdca falls in execution process and as per the Fig 8.2 of pmbok ...it says inspection ...whereas failure costs sh...
by VCAB
Thu Apr 27, 2017 6:52 pm
Forum: PMP® Open Forum
Topic: Earned Value Topic
Replies: 10
Views: 282

Re: Earned Value Topic

I think I want to change it

Finished====EV= $100,000
BAC at completion=PV= $95,000

Schedule variance is the right answer....

Thanks for pointing things out....we need to be careful a word changes the answer
by VCAB
Thu Apr 27, 2017 6:38 pm
Forum: PMP® Mock Exams Open Questions
Topic: Rita - Quality Question
Replies: 3
Views: 216

Re: Rita - Quality Question

I think if a problem persist then there is something wrong in the planning process...while you want to fix the problem right away, you want to first investigate the cause of the problem (which is C). Cost is expected to increase because there is the cost of rework (nonconformity) which is higher dur...
by VCAB
Thu Apr 27, 2017 6:32 pm
Forum: PMP® Mock Exams Open Questions
Topic: Rita - Quality Question
Replies: 3
Views: 190

Re: Rita - Quality Question

Yep B is the right answer.... The project states that a budget was done (Cost Mgt--Dev Budget), and requirements collected (Scope, Collect Requirement) and WBS done Scope Mgt, Create WBS). After the budget is done the next knowledge area is Quality Mgt... The best way to answer these question is to ...
by VCAB
Tue Apr 25, 2017 8:47 pm
Forum: PMP® Open Forum
Topic: Earned Value Topic
Replies: 10
Views: 282

Re: Earned Value Topic

1. A Project with a total funding of 100,000 finished with a BAC value of 95,000.What term can be best described the difference of 5000. a. cost variance b. Management overheads c.Management Contingency reserve d.Schedule Variance. ETC= EAC-AC ETC= 100-95= 5K First, ETC is a forecast not the typical...
by VCAB
Tue Apr 25, 2017 2:43 pm
Forum: PMP® Mock Exams Open Questions
Topic: Avoiding Vs Mitigating Risk
Replies: 2
Views: 121

Re: Avoiding Vs Mitigating Risk

Let me attempt and hope it helps You are adding 2 resources to your project so that you can complete project on schedule. This is called 1.Resource Leveling 2. Avoiding Risk 3.Mitigating Risk 4.Critical Chain Method. Can some one pls help pick the correct answer with explanation? Thanks. I think we ...
by VCAB
Mon Apr 24, 2017 3:14 pm
Forum: PMP® Open Forum
Topic: Confidence Level
Replies: 4
Views: 183

Re: Confidence Level

formula :)
Confidence Interval= Project Mean +/- 1SD will give you a range at 68% confidence
Project Mean +/- 2SD will give you a range at 95.5% confidence
Project Mean +/- 3SD will give you a range at 99.97% confidence
by VCAB
Fri Apr 21, 2017 6:36 pm
Forum: PMP® Open Forum
Topic: Scardo Mock Exam 7, Q #1
Replies: 1
Views: 96

Scardo Mock Exam 7, Q #1

You company has just completed an unexpected round of layoffs. Morale is low, and resources are tighter than ever. Your project is now behind schedule because of the loss of resources. Overtime work will be required of everyone for the next several weeks in order to close the gap. One of the critica...
by VCAB
Fri Apr 21, 2017 3:29 pm
Forum: PMP® Open Forum
Topic: Why Schedule compression do next?
Replies: 3
Views: 157

Re: Why Schedule compression do next?

To answer this question one needs to know the 47 processes for time knowledge area they are...the question is speaking to the planning process group, compression is a tool and technique done during the executing and M&C process Plan Schedule Management---Planning Defined Activities---Planning Se...
by VCAB
Fri Apr 21, 2017 3:18 pm
Forum: PMP® Open Forum
Topic: Scope Management
Replies: 3
Views: 205

Re: Scope Management

As a project manager you realize that you need to decrease the cost of the project which you are managing. After hours of brainstorming, you come up with the following choices. Which of the following option can help you to decrease cost of the project? 1. Change activity A to be done by resource X i...
by VCAB
Thu Apr 13, 2017 12:22 pm
Forum: PMP® Open Forum
Topic: Risk Question
Replies: 1
Views: 93

Re: Risk Question

The answer would be B The question provides information as follows SPI= 1.1 AC= 1,200,000 or 1.2 PV= 1,300,000 or 1.3 and then it ask that we find CPI and CV First we need to find EV, which can be derived from the using the formula for SPI and solve for EV (since all other components are provided) S...
by VCAB
Sun Apr 09, 2017 3:19 pm
Forum: PMP® Open Forum
Topic: EAC (Scordo) Mock Exam 5, Q 27
Replies: 3
Views: 185

EAC (Scordo) Mock Exam 5, Q 27

Kindly help me understand this question: Your VP has asked you what the estimate at completion is going to be be for a small project you are working on. You were given a budget $30K and to date, you have spent $20K but only completed $10K worth of work. You are sure that the future work will be acco...
by VCAB
Tue Apr 04, 2017 5:34 pm
Forum: PMP® Mock Exams Open Questions
Topic: Gold Plating / Change request
Replies: 3
Views: 217

Re: Gold Plating / Change request

Brainstorming....the question asked about gathering new idea....
by VCAB
Mon Apr 03, 2017 6:22 pm
Forum: PMP® Open Forum
Topic: Project Charter - It is a contract or not
Replies: 2
Views: 133

Re: Project Charter - It is a contract or not

A contract has certain characteristics the distinguish it from a charter A contract has an offer and acceptance There must be something for value consideration Parties should be legally competent to enter same and the contract product or service must be something legal While a charter does not have ...
by VCAB
Sun Apr 02, 2017 9:10 pm
Forum: PMP® Open Forum
Topic: Project Management Framework
Replies: 2
Views: 111

Re: Project Management Framework

2.It is still part of planning process or activity although done within execution process Note that risk planning and analysis are done throughout the project (as in this case, planning and execution). As the project is executed, risks are monitored and new risk analysis are done. Why, well some ris...
by VCAB
Fri Mar 24, 2017 12:46 am
Forum: PMP® Open Forum
Topic: Project Scope statement
Replies: 2
Views: 149

Re: Project Scope statement

Q. You are managing a six-month project and have held bi-weekly meetings with your project stakeholder. After five and half month of work, the project is on schedule and budget, but the stakeholder are not satisfied with the deliverables . This situation will delay the project completion by one mont...
by VCAB
Wed Mar 22, 2017 11:26 pm
Forum: PMP® Open Forum
Topic: Quality Control
Replies: 3
Views: 199

Re: Quality Control

[i][i]If I am correct, Quality Control Process Inspects the Final Product, while Quality Assurance is Process driven. One of the Outputs of Close Project Phase is Final Product Hence why Quality Control is falling under Monitoring and Control and not in Closing Process Group?. If Final Product is n...
by VCAB
Wed Mar 22, 2017 11:12 pm
Forum: PMP® Open Forum
Topic: Source Scordo- Prevention V/s Correction
Replies: 3
Views: 147

Re: Source Scordo- Prevention V/s Correction

I think the key word in this question, "to bring"---that is a signal that it is corrective....could be wrong and stand to be corrected....
by VCAB
Wed Mar 22, 2017 11:07 pm
Forum: PMP® Open Forum
Topic: Why do we need Quality Management Plan
Replies: 3
Views: 159

Re: Why do we need Quality Management Plan

I think to best answer this question is to know the difference of the plan and the document... Requirement Traceability Matrix (within the Scope Mgt Process Group) is within the planning process group like is the Quality Mgt Plan. However, the identifies each requirement submitted by stakeholder be ...
by VCAB
Wed Mar 22, 2017 10:44 pm
Forum: PMP® Open Forum
Topic: can anybody explain this answer and how to arrive at it.Thanks. Vinod
Replies: 3
Views: 173

Re: can anybody explain this answer and how to arrive at it.Thanks. Vinod

Do these kinds of questions still appear on the PMP exam...bc they are quite tricky. Are they particular clues that one should look for in solving this. When I commenced solving this problem, I basically approached it as a regular SD (30 days less weekends, which gave me 22 and divided that by 6; wh...
by VCAB
Wed Mar 22, 2017 10:19 pm
Forum: PMP® Open Forum
Topic: Question on Cash Flow. can anybody explain please, Thanks. Vinod
Replies: 4
Views: 195

Re: Question on Cash Flow. can anybody explain please, Thanks. Vinod

15. B (2 Years), the project does not show positive cash flow until after one year so it is forwarded to year 2 16. B; The sum of (outflows is -900 and inflows 850= -50K) 17. A (the NPV for the CF is -29.197 approx. -29.2, the sum of the total witihout NPV is -50; therefore, -50< -29.2 Hope I got th...
by VCAB
Tue Mar 21, 2017 5:46 pm
Forum: PMP® Open Forum
Topic: OLIVER 59
Replies: 1
Views: 96

OLIVER 59

I couldn't get the question along with the diagram posted.....

could someone help me understand the right answer....
I selected B
by VCAB
Tue Mar 21, 2017 4:38 pm
Forum: Oliver 175 PMP Questions
Topic: Oliver 175 - 173rd QUESTION
Replies: 4
Views: 421

Re: Oliver 175 - 173rd QUESTION

Let me attempt to answer this... What is wrong in this diagram? 173 o The data date must be accurately between weeks. o AC cannot be higher than PV when EV is lower. o EV cannot be assessed beyond the data date. o PV cannot be assessed beyond the data date. Again, I eliminated the very wrong answers...
by VCAB
Mon Mar 20, 2017 3:24 am
Forum: PMP® Open Forum
Topic: Work breakdown structure
Replies: 2
Views: 124

Re: Work breakdown structure

I guess the Rita is saying D, right....I guess bc project team is a subset of the universal stakeholder set---in other words, team is stakeholder
by VCAB
Mon Mar 20, 2017 3:18 am
Forum: PMP® Open Forum
Topic: Work breakdown structure
Replies: 4
Views: 184

Re: Work breakdown structure

A. Communicating with the customer. B. Showing calendar dates for each work packages. C. Showing the functional manager for each team member. D. Showing the business need for the project. I used the process of elimination for solve this C is wrong because it refers to the Human Resource knowledge ar...
by VCAB
Mon Mar 20, 2017 3:04 am
Forum: PMP® Open Forum
Topic: Work time hours
Replies: 2
Views: 147

Re: Work time hours

I think EEF since it is something that is external and affects the project and not under the control of the project manager
by VCAB
Mon Mar 20, 2017 2:53 am
Forum: PMP® Open Forum
Topic: Mock Exam Question
Replies: 1
Views: 110

Re: Mock Exam Question

B is not an option because the output of plan scope management are scope management plan and requirement mgt plan. Since the scope mgt plan is not yet produced it cannot be considered in creating the requirement mgt plan. I believe phase-to-phase is used while projects are executed sometimes from ph...
by VCAB
Fri Mar 17, 2017 5:16 pm
Forum: PMP® Open Forum
Topic: CONFIGURATION VS CHANGE MGT SYSTEM
Replies: 3
Views: 271

Re: CONFIGURATION VS CHANGE MGT SYSTEM

Thanks, but I was asking, why is change mgt system a subset of configuration mgt system Below is the question that triggered this inquiry The change management system deals with changes in project processes, baselines, etc. On the other hand, the configuration management deals with the changes in pr...
by VCAB
Fri Mar 17, 2017 4:53 pm
Forum: PMP® Open Forum
Topic: Project scope statement
Replies: 2
Views: 155

Re: Project scope statement

Answer B sounds good, but it does not explain the full or accurate reason for validate scope....However, C does, during validate scope, the deliverable is accepted because it meets the requirements and if it is not (as the latter part of the answer suggests) a change request made, if approved is exe...
by VCAB
Wed Mar 15, 2017 6:39 pm
Forum: PMP® Open Forum
Topic: PMP question - RISK quantitative analysis
Replies: 3
Views: 152

Re: PMP question - RISK quantitative analysis

Rita is somehow confusing, on page 424 (in the note below the practice table--top of the page), the book states, "Note that for opportunities, expected monetary value is often represented as a positive amount... whereas threats are usually presented as a negative number". T'his was used fo...
by VCAB
Tue Mar 14, 2017 5:41 pm
Forum: PMP® Open Forum
Topic: CONFIGURATION VS CHANGE MGT SYSTEM
Replies: 3
Views: 271

Re: CONFIGURATION VS CHANGE MGT SYSTEM

So, a change to the product can lead to a change in the baseline, right? For example, if the project is a build a 2 bedroom house with one bathroom; later the owner says, he/she wants a guest bathroom. This configuration to the product causes the project baselines to change (say project will be exte...
by VCAB
Tue Mar 14, 2017 5:21 pm
Forum: PMP® Open Forum
Topic: CONFIGURATION VS CHANGE MGT SYSTEM
Replies: 3
Views: 271

CONFIGURATION VS CHANGE MGT SYSTEM

I would like more clarification... I understand that configuration mgt system is responsible for managing changes to the product or configurable items; while change management is concerned with the project mgt process and project baselines. But I often hear the the change management system is a subs...
by VCAB
Thu Jan 12, 2017 2:04 am
Forum: PMP® Open Forum
Topic: PMP-Q
Replies: 10
Views: 982

Re: PMP-Q

uuummmm... "intentional" adding new features to the product without the customer consent or outside of the requirement is gold plating, but the question provides us options to avoid the gold plating, by informing the customer first. So are we the take that at no time should be go the custo...
by VCAB
Thu Jan 05, 2017 4:15 pm
Forum: Oliver 175 PMP Questions
Topic: Oliver 175 - 20th Question
Replies: 9
Views: 877

Re: Oliver 175 - 20th Question

In most jurisdictions, a legally required order of formal statements establishing a contract is: o Invitation to treat, offer, PO o Inquiry, bid, order o Offer, acceptance o MoU, LoI, final agreement Can someone explain me the question ? ANS: C There are basically 4 criteria for a contract ( I belie...
by VCAB
Thu Jan 05, 2017 4:06 pm
Forum: Oliver 175 PMP Questions
Topic: Oliver 175 - 60th Question
Replies: 2
Views: 316

Re: Oliver 175 - 60th Question

D
by VCAB
Thu Jan 05, 2017 4:03 pm
Forum: Oliver 175 PMP Questions
Topic: Oliver 175 - 61st Question
Replies: 2
Views: 281

Re: Oliver 175 - 61st Question

I believe the right answer is B. There was fundamental problems in the planning and executing process groups (HR and Communication). Part of negotiations as project manager is to ensure that functional managers are aware of when resources are required (by providing resource calendar and staff assign...
by VCAB
Thu Jan 05, 2017 3:16 pm
Forum: PMP® Open Forum
Topic: ASSIST PLEASE
Replies: 6
Views: 427

Re: ASSIST PLEASE

So, the question is flawed? I thought the information provided was insufficient!!
by VCAB
Tue Jan 03, 2017 6:57 pm
Forum: PMP® Open Forum
Topic: ASSIST PLEASE
Replies: 6
Views: 427

ASSIST PLEASE

Kindly find the question below from ...https://www.edwel.com/Free-Resources/PMP-Certification-Final-Exam.aspx Q #8: One of the risks identified in the project’s risk register has a probability of 85%. As the project manager what would you do first upon making this discovery? A. Make the risk a #1 pr...
by VCAB
Fri Dec 30, 2016 4:30 pm
Forum: PMP® Open Forum
Topic: VERY INTERESTING QUESTION (AILEEN ELLIS, PMP EXAM SIMPLIFIED 5th ed)
Replies: 4
Views: 303

VERY INTERESTING QUESTION (AILEEN ELLIS, PMP EXAM SIMPLIFIED 5th ed)

In your product development group, risk management has always been a low priority. Management does not want to talk about risk until the risk even has occurred. You are trying to explain the importance of timing to management. One idea you share is: A. as we move further into a project, the amount a...
by VCAB
Fri Dec 30, 2016 4:04 pm
Forum: PMP® Open Forum
Topic: RISK RESERVE
Replies: 3
Views: 255

Re: RISK RESERVE

Thanks....simple and very clear!
by VCAB
Wed Dec 28, 2016 5:58 am
Forum: PMP® Open Forum
Topic: RISK RESERVE
Replies: 3
Views: 255

RISK RESERVE

I seem to have gotten lost on risk reserve; in some books it basically suggest that contingency reserve is created (only) for actively accepted risks and residual risks are accepted passively --meaning no reserve required. I always thought that contingency reserves are provisioned after/during mitig...

Go to advanced search