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nazrulq

A regularly scheduled inspection of the manufacturing line is completed and has noted that a key piece of machinery is showing signs of wear and damage much earlier than expected. A change request has been submitted to be reviewed by the Change Control Board to interrupt product manufacturing in ord...

nazrulq

Thanks Saket. Project Manager is Responsible for All processes (47) from inception to completion, Ref : PMBOK 5 Page -96 ; Ist Paragraph. Change Management such as change request either to be approved or rejected is Project Manager or Project sponsor is ultimately responsible. PMBOK -5 ,page -96 3rd...

nazrulq

Thank You Manish. That was my guess too. When Buyer and Seller relationship happens always contract is a mutual agreement .Sometimes we verify with Project management Plan as it is a input of close Project/ phase process!

nazrulq

Q. Perform Integrated Change Control Process is conducted from project inception through completion and is ultimately the responsibility of the: Answer: 1. Project Sponsor 2. Project manager 3. Project Stakeholders 4. None of the above. Q. Who is Responsible for Change Management 1. Project Manager ...

nazrulq

Q. Project is near to completion, Project charter is the document which authorized the project in the beginning. The contractor has his own Project Charter to implement the project. Now customer needs to verify the project deliverables as mentioned in the project charter. To which document PM to ref...

nazrulq

2 of course. Option 2 is 2.

Thanks!

Regards,

nazrulq

Thanks Manish for clarity!

nazrulq

Q:A project manager made 3-point estimates on a critical path and found the following results: Need help is calculating the below problem Optimistic Most Likely Pessimistic PERT Weighted Avg Act. A 12 15 24 16 Act B 8 9 14 9.7 Act. C 15 19 27 19.7 Act. D 10 14 28 15.7 Act. E 17 20 35 22 Estimate for...

nazrulq

Congratulations!

nazrulq

As there is no execution phase for the Risk Management in PMBOK5 it should be in Monitor and control. But According to PMBOK6 it would be in execution phase! We are safe till March 26,2018!

nazrulq

If SPI = .8 , CPI=1 and project is closed out in my understanding; all deliverables are not given but the project is on budget. The Project might be cancelled. But Schedule was it was behind; as it is behind the schedule, not all activities fully performed and all deliverables were not given to the ...

nazrulq

I do n't think residual risks are low priority risks could be the moderately priority too. Those risks remain after mitigation plan.Only low priority can be placed in Watchlist.

I think Manish Can clarify more!

nazrulq

I think Project Charter has already developed.High-level information is listed in Project Charter! According to my opinion, it is early to develop planning. Stakeholders Identification in detail level is required. Bit Confused, this identification of stakeholder in detail and develop project managem...

nazrulq

Whatever his role is in different stages of the project, he is the ultimate approver of project funding. He has to be managed by PM very closely.

Option B is the right choice in my opinion!

nazrulq

Sponsor is the person or group who provides resources and support for the project and is accountable for enabling of project success.

PMBOK Section 2.2.1 Page- 32

nazrulq

To include Communication Management Plan , Stakeholder Register or Stakeholder Traceability Matix to be updated.To updated.In this regard, it is necessary to generate a change request .Hence, in my opinion, is the right answer!

nazrulq

Thanks Manish ! Yes it is understandable but the question does not clearly mention if the estimate is not valid or the performance will be done in as per planned way or nothing changed.

If the question does n't mention anything then ETC = BAC/CPI is that right!

Thanks!

nazrulq

EAC = ETC (bottom up) +AC is the best way so that ; ETC = EAC -AC, in my opinion, should be best answer! W

Which is option A!

nazrulq

That is totally correct! Straight forward.

nazrulq

Hello PMP Aspirants! Just to let all of you know the PMP Exam based on PMBOK 5 will be Changed from March 26, 2018. From that day all the questions will be based on PMBOK 6. So get the test done before that day and pass! Please see below the Link: https://www.pmi.org/certifications/types/project-man...

nazrulq

Workaround is the negative risk for which the project is not planned for. It is managed by contingency reserve. My question all risks are in response to plan risk response ( Fallback plan, residual risk, secondary risk) but why workaround is done in control risk process why not planning as risk resp...

nazrulq

Planning Process Group in Plan HR Management.

nazrulq

This type of question does n't come in the real exam which require iterations. We have limited time. Should avoid that type of question. Honest Opinion!

nazrulq

In my point of view PMBOK 5 , Section 9.1.3.1 says , HR management Plan creates 1. Roles and Responsibilities 2.Project Organization Chart 3.Staffing Management Plan - Which is a component of Human Resource Management Plan describe when and how the project team will acquired and how long they will b...

nazrulq

Let me answer this question.

BAC = $100000
AC= $50000
EV = 40% of BAC= .40 x 100000 =$40000
PV = 50% of BAC = .5 x 100000 =$50000 (Actually Planned For)
Should have been done = $50000
SV= 40000/50000 =.8 < 1 Behind Schedule

Hopefully, it answers the requirement.

nazrulq

When project performance shows over budget then a new EAC should be calculated .
At that time TCPI should be

TCPI = BAC-EV/( EAC-AC) but since it is under budget then CPI <1
TCPI = BAC-EV/( BAC-AC) might be used . CPI>1

Hopefully it clarifies!

nazrulq

2.The Main Purpose is to write user story is to:

A. To communicate progress of the Project

B. To document features required by stakeholders

C. To perform what if statements

D. To record issues encountered on the project.

Answer: Stakeholders requirement as option B.

nazrulq

The question is asking for to find out To Complete Performance Index (TCPI) . If the full solution is required. Complete solution
can be provided!

nazrulq

Thanks Manish by assumption was right. By definition Critical Path have "zero Float". If there is a negative float then it means the activities were fast tracked or crushed .Buffer is removed usually from Critical Path but imposed in Critical Chain as feeding buffer and project buffer! Reg...

nazrulq

I think the best option is to look for Risk Control procedures to see how risks have to be managed for the next increment. Hence option D is the best fit!
My justification defect might have identified by stakeholder which can Create Risk to the project!

nazrulq

In Critical Path, there is no Resouce Limitation.Usually, to calculate critical path method there is no resource limitation
considered. I might be wrong !

Any suggestion will be appreciated.

The correct answer was Option 1.

Want to Clarify!

nazrulq

Decisions made in developing the procurement management plan may have least influence on ……..

1.Project Schedule

2.Project Budget

3.Project Human Resource Need

4.Risk Management Plan

Correct Answer:3

Explanation given are not much satisfactory can Manish elaborate please!

nazrulq

I think we have to find out who are the stakeholders directly involved in Operation. Call Centre Head - Operational Stakeholder Retail Worker -Operational Stakeworker Plant Operational Chief - Operational Stakeholder Financial Departmental Manager - Dealing with finance. His involvement in this proj...

nazrulq

When Project Progress to be shown in higher management, milestone chart is the best form while the team or lower a level bar chart i s preferred way. How about if nothing is mentioned in the question or to be presented in townhall meeting where higher management and lower staffs along with project t...

nazrulq

Q. Project Manager along with team member discuss about the fast tracking of the project schedule. To fast track which of the following statement are true: 1. Project has extra money in contingency reserve. 2. The project has high risk. 3. Activities have preferential dependencies. 4. Add resources ...

nazrulq

Q. Critical Path Assumes which of the following:

1. There is no resource limitation needed.

2. Resource Optimization has occurred already.

3. Resource Limitation Needed.

4. Start and finish dates of the activities are fixed!

nazrulq

If seven readings for example 3.6%,3.8%,3.9%,3.1%,3.2%,3.5%,3.7% below the mean. Then there is a problem in dairy fat analysis system.Should be investigated!

nazrulq

Project Funding Limit Reconciliation is to check variance of project funding limit and the planned expenditure at a given point of time. Project Manager has to reconcile (adjustment) the availability of fund for the work. For example, the fund is due after 15 days but PM needs the money now. He has ...

nazrulq

SPI at the end of 4 month = .9 <1 Still less CPI at the end of 4 month SPI = EV/PV EV(4) = SPI X PV =.9 x 10 = 9M so CPI(4) = EV/AC =9/8 =1.125 CPI at the end of 2 month EV(2) = SPI x PV =.5 x 10 =5 M ; So CPI(2) = EV/AC = 5/2 =2.5 From the example above CPI is detoriating but still > 1 but SPI =.9<...

nazrulq

Thanks ! Really interesting question!

nazrulq

If changes are approved by CCB but rejected by sponsor, in that case baselines is needed to be updated! As there is a rejection. No need for updation. CCB approved does n't mean baselines need to be updates! CCB's approvals for changes are not final! :o I think, Izenbridge Webinar missed that point ...

nazrulq

Q1. In this situation when construction support or maintenance is either written or nor written in contract , the project to be closed. I think if it is not written then project considered to be closed! Q2. When project team to be released as it is the last step of the project closure. Of course aft...

nazrulq

Congratulations! They Changed the Proficiency from Proficient , Moderately Proficient and below proficient to
Above Target ,Target, Below Target!

Best of luck!

nazrulq

Let me try to give the answer in elaborate approach. Let's discuss what is a residual risk and secondary risk. Residual Risks are the risks which remain after risk response. Now what is secondary risk! Secondary risk (Unknown is the risk after implementing risk response. These could be new risks. Th...

nazrulq

Validation is the right choice as per my point of view.

nazrulq

In both of the Contracts (CPAF) and CPFF, the buyer has to pay for the cost incurred. But the main difference is in cost plus award fee the buyer is paying an award fee subject to completion of work.In cost plus fixed fee contact, the buyer pays fixed amount of fee upon completion of all work includ...

nazrulq

Option 4.

Risk Register is will be identified and updated all time. Not only in Risk Response Process!

nazrulq

Option C is the right choice I think.It is kind of sequencing all activity which can be done in Project Schedule Management hence is the right choice ,I guess!

nazrulq

Hello! Not everytime PM is approving (As defined in Project Charter) it requires final approval in terms of cost which also relates to scope, schedule, risk, and resources. Please remember triple constraint is the basic and in addition risk, resources and quality any of those six constraints need th...

nazrulq

In addition, Change Request must be approved by CCB and by the sponsor (who provides funding) as it requires additional cost, time and resources.Scope to be changed too!
Once all has been approved it has to be recorded to Change log and Project Management Plan and Project Document to be updated.

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