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by akitut
Thu Dec 21, 2017 6:30 pm
Forum: PMP® Exam Lessons – Success Stories
Topic: Cracked PMP
Replies: 5
Views: 432

Cracked PMP

I am so excited to inform you all that I have passed the PMP exam today. MY Scores are AboveTarget in all except Closing, here Target. Hopefully I miss interpreted among Validate Scope and Close Project or Close Project and Close Procurement. Any ways I am so happy and would like to say a BIG BIG BI...
by akitut
Sun Dec 17, 2017 2:58 pm
Forum: PMP® Queries and Tips
Topic: Contingency plans are acceptance
Replies: 3
Views: 247

Re: Contingency plans are acceptance

I too have the same doubt, why padding is not the correct option here? While planning for a critical project delivery, you want to give yourself a few extra hours from budgeted time for a construction and testing phase to account for problems with unavailability of team resources for any reasons or ...
by akitut
Thu Dec 07, 2017 8:23 pm
Forum: PMP® Mock Exams Open Questions
Topic: Training Cost
Replies: 2
Views: 264

Training Cost

Will the team training cost or any team certifications cost will be a covered under project cost?
Can we relate these costs to cost of conformance?
:?
by akitut
Sun Dec 03, 2017 1:11 pm
Forum: PMP® Mock Exams Open Questions
Topic: One more Delivering Extra
Replies: 1
Views: 221

One more Delivering Extra

Thanks Kushal. Manish, I have one more question related to the same topic: Question 81: You are completing the work defined in the project scope statement of a new software development project when a team member points out that you have an opportunity to deliver enhanced capability to the client at ...
by akitut
Sun Dec 03, 2017 2:08 am
Forum: PMP® Mock Exams Open Questions
Topic: Delivering Extra
Replies: 5
Views: 353

Re: Delivering Extra

Manish, I have one more question related to the same topic: Question 81: You are completing the work defined in the project scope statement of a new software development project when a team member points out that you have an opportunity to deliver enhanced capability to the client at no extra cost, ...
by akitut
Sun Dec 03, 2017 1:53 am
Forum: PMP® Mock Exams Open Questions
Topic: Delivering Extra
Replies: 5
Views: 353

Delivering Extra

Question #: Your project is reporting a CPI of 1.02 and a SPI of 1.1. The project you are delivering is for a customer who is notoriously difficult to please. Your team comes up with a way to deliver more functionality in the project than the customer is expecting, at a lower cost, and the change wi...
by akitut
Mon Nov 27, 2017 12:04 pm
Forum: iZenBridge PMP Open Questions
Topic: Initiating Group Question
Replies: 1
Views: 196

Initiating Group Question

You are leading a team to review and improve the project selection and prioritization method. You know that the two most important questions to answer are “can we do the project?” (feasibility study) and “should we do the project?” (cost-benefit analysis). The team is considering many different mana...
by akitut
Wed Oct 11, 2017 6:54 pm
Forum: PMP® Mock Exams Open Questions
Topic: Project Cost Management Mock Test
Replies: 2
Views: 739

Re: Project Cost Management Mock Test

BAC is nothing but total budget that was planned for the project. So, here project is planned to finish in 1 year and hence it is the PV. We earned 90% of the work, i.e., EV =$180,000. Then SPI should be 0.9.

**Manish please verify if this is correct.
by akitut
Thu Aug 31, 2017 1:15 pm
Forum: PMP® Queries and Tips
Topic: Human Resource MGMT Query on Formal vs On Job Training
Replies: 2
Views: 651

Re: Human Resource MGMT Query on Formal vs On Job Training

Manish,

For the benefit of the audience, if you could brief what was the explanation given.
by akitut
Thu Aug 31, 2017 12:37 pm
Forum: PMP® Queries and Tips
Topic: Stakeholder Register
Replies: 3
Views: 768

Re: Stakeholder Register

I read from other source (by Sean Whitaker): " Take great care with information that you record in your stakeholder register, and always keep in mind that a stakeholder may one day view the register; ensure that the information you include about your assessment of the stakeholders’ influence, i...
by akitut
Thu Aug 31, 2017 12:05 pm
Forum: PMP® Queries and Tips
Topic: contingency reserve
Replies: 13
Views: 1466

Re: contingency reserve

Hi Manish/Saket,

I read complete thread, so what is the conclusion derived for a situation where PM has to use contingency reserve, do he need to raise change request?
With this base situation and no other conditions added, I hope PM should not create a change request, Pls comment.

Thanks,
Praveen.

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