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Search found 24 matches

by rajatahaali
Thu Sep 21, 2017 1:23 pm
Forum: PMP® Open Forum
Topic: PMP qualified
Replies: 1
Views: 191

PMP qualified

I qualified PMP today . Just wanted to share this journey . I started preparing for PMP an year back . I started reading PM book but didn't understand anything . I also took a class on project management and instructor was a PHD in EVM . However he was also simply unable to clarify my concepts . Tha...
by rajatahaali
Sun May 14, 2017 7:53 am
Forum: PMP® Open Forum
Topic: how to access scordo pmp exa prep questions
Replies: 1
Views: 522

how to access scordo pmp exa prep questions

How to access scordo pmp exam prep questions through quampus . Previously i saw a link , however its not available any more . Can any one help in this regard.
by rajatahaali
Thu May 04, 2017 8:04 pm
Forum: PMP® Queries and Tips
Topic: Business case in Phase 2 of Project
Replies: 1
Views: 520

Business case in Phase 2 of Project

Lopez is Project Manager for a Satellite development program which runs for 4 years and it has been decided to split it in logical phases to make it more manageable. There is a cost cutting initiative in his organization and Lopez finally got his budget approved from Loretta (his sponsor) after a se...
by rajatahaali
Thu May 04, 2017 1:51 pm
Forum: PMP® Queries and Tips
Topic: Rules for performance measurement
Replies: 1
Views: 664

Rules for performance measurement

"One of the rule for Performance measurement is to specify tracking methodologies and the earned value management computation equations for calculating projected estimate at completion (EAC) forecasts to provide a validity check on the bottom-up EAC." Q1. What does it mean by earned value ...
by rajatahaali
Fri Apr 28, 2017 9:26 am
Forum: PMP® Open Forum
Topic: Tired of rattafying ITTOs
Replies: 7
Views: 1255

Re: Tired of rattafying ITTOs

Thanks for your valuable insight .
by rajatahaali
Mon Apr 24, 2017 6:40 pm
Forum: PMP® Open Forum
Topic: Tired of rattafying ITTOs
Replies: 7
Views: 1255

Re: Tired of rattafying ITTOs

I learn them in morning and by evening i have forgotten half of them
by rajatahaali
Mon Apr 24, 2017 6:40 pm
Forum: PMP® Open Forum
Topic: Tired of rattafying ITTOs
Replies: 7
Views: 1255

Tired of rattafying ITTOs

Guys i am so tired and fatigued by rattafying ITTOs . Unless i learn them by heart i am not confident about PMP preparation. Can you please guide me with your experience if learning these ITTOs by heart is essential with reference to PMP exam in real time. How many questions are focused on ITTOs. An...
by rajatahaali
Sun Apr 23, 2017 8:58 pm
Forum: PMP® Open Forum
Topic: Q No.80 of Mock Test ETC
Replies: 2
Views: 562

Re: Q No.80 of Mock Test ETC

I am not an expert but I think that ETC is Work remaining (i.e Total work minus work completed) . Total work is BAC( Budget at Completion) minus Work completed (i.e Earned Value) . The cost increase has nothing to do with ETC and i think its just to misguide. Therefore : Work remaining=ETC=BAC-EV Wo...
by rajatahaali
Sun Apr 23, 2017 8:10 pm
Forum: PMP® Queries and Tips
Topic: Control costs
Replies: 1
Views: 476

Control costs

Is there any difference between EVM and Performance reviews . Dont they both use Schedule and cost variance. If yes then why do we mention them as separate techniques?
by rajatahaali
Sun Apr 23, 2017 8:02 am
Forum: PMP® Open Forum
Topic: Cost Vs Time
Replies: 3
Views: 568

Re: Cost Vs Time

Also interestingly Project schedule is an input to Estimate cost. What to do first. Determine Schedule or Estimate Cost?
by rajatahaali
Sun Apr 23, 2017 8:00 am
Forum: PMP® Open Forum
Topic: Cost Vs Time
Replies: 3
Views: 568

Cost Vs Time

While going through Schedule Management Knowledge area i observed that Estimate activity cost in an input to Estimate activity resources. Does this imply that budget is made before Schedule management. If that is true than how can one finalize budget without knowing about schedule and estimated dura...
by rajatahaali
Fri Apr 21, 2017 6:05 pm
Forum: PMP® Queries and Tips
Topic: Work package
Replies: 2
Views: 556

Work package

Can you please clarify what a work packages is. I understand that work package consists of work orders against some stipulated schedule . They do mention the activities and details of the work required and also mention the desirable result from activities performed. Which of the following defines a ...
by rajatahaali
Wed Apr 19, 2017 10:33 am
Forum: PMP® Open Forum
Topic: ITTO
Replies: 4
Views: 689

Re: ITTO

Thanks
by rajatahaali
Mon Apr 17, 2017 10:44 am
Forum: PMP® Queries and Tips
Topic: Effort Duration and time elapsed
Replies: 1
Views: 532

Effort Duration and time elapsed

All of these effort duration and time elapsed appear to be the same thing. Can you please clarify differences in these three terms .
by rajatahaali
Mon Apr 17, 2017 8:28 am
Forum: PMP® Queries and Tips
Topic: project integration management assessment question
Replies: 1
Views: 474

project integration management assessment question

Which of the following options BEST defines involvement of stakeholders in the project? They are involved in determination of project schedule, deliverables and requirements They help in determining project constraints and product deliverables They are involved in determination of resource needs and...
by rajatahaali
Sun Apr 09, 2017 10:53 am
Forum: PMP® Open Forum
Topic: Similarities between Cost reimbursable and Time and Material Contract
Replies: 3
Views: 595

Re: Similarities between Cost reimbursable and Time and Material Contract

Dear Manish , this was a question is assessment of izenbridge. i am posting the question for reference : What similarity exists between ” cost-reimbursable” and “ time and material” types of contract? a.They have no definitive end. b.The closure date is part of the contract. c. Both recommend fixing...
by rajatahaali
Sun Apr 09, 2017 10:47 am
Forum: PMP® Queries and Tips
Topic: Procurment statement of work and Quality management
Replies: 2
Views: 455

Re: Procurment statement of work and Quality management

Thanks a lot for clarification. Cheers
by rajatahaali
Fri Apr 07, 2017 10:40 pm
Forum: PMP® Queries and Tips
Topic: Control Procurment tools and techniques
Replies: 2
Views: 494

Re: Control Procurment tools and techniques

This is for another blog. Procurement performance reviews examine the seller’s performance on the contract to date. These reviews can be conducted at the end of the contract or at intervals during the contract period. Procurement Performance Review is your (PM's) evaluation of the Contrat . This is ...
by rajatahaali
Fri Apr 07, 2017 10:27 pm
Forum: PMP® Queries and Tips
Topic: Record Management System
Replies: 4
Views: 898

Re: Record Management System

Just one last query regarding RMS. PMBOOK says "It consists of a specific set of processes , related control functions , and automation tools that are consolidated and combined as part of project management information system. The system contains a retrievable archive of contract documents and ...
by rajatahaali
Fri Apr 07, 2017 10:19 pm
Forum: PMP® Queries and Tips
Topic: Record Management System
Replies: 4
Views: 898

Re: Record Management System

Thanks a lot sir for excellent clarification.
by rajatahaali
Fri Apr 07, 2017 10:15 pm
Forum: PMP® Queries and Tips
Topic: Procurment statement of work and Quality management
Replies: 2
Views: 455

Procurment statement of work and Quality management

Does procurement statement of work cater for quality requirements . If the work is completed by vendor as per procurement statement of work then will we consider the project as completed or incomplete. I attempted a question from RITA in which it said that vendor completed the work as per SOW howeve...
by rajatahaali
Fri Apr 07, 2017 11:39 am
Forum: PMP® Queries and Tips
Topic: Record Management System
Replies: 4
Views: 898

Record Management System

What is record management system? Should this be an output of some process rather than a tool? And if this is a tool then why is it used only in control procurement and not in conduct procurement where we are getting all responses from bidders, analyzing the bidders and awarding the contracts. Moreo...
by rajatahaali
Fri Apr 07, 2017 11:31 am
Forum: PMP® Queries and Tips
Topic: Control Procurment tools and techniques
Replies: 2
Views: 494

Control Procurment tools and techniques

What is the difference between Performance reporting and Procurement performance review. Arent these two same . I mean the purpose of both of them are performance review . In one we are reporting so we will be making some reports and in the other we will again be reporting . Please clarify , Thanks ...
by rajatahaali
Fri Apr 07, 2017 10:34 am
Forum: PMP® Open Forum
Topic: Similarities between Cost reimbursable and Time and Material Contract
Replies: 3
Views: 595

Similarities between Cost reimbursable and Time and Material Contract

I attempted a question regarding similarities between Cost Reimbursable and Time and material contract . I chose that In both buyer pay the actual expense occurred by seller. However this was marked as incorrect . Correct option was that both donot have definite end . I have some confusion is this r...

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