## Search found 16 matches

Thu Mar 15, 2018 5:43 pm
Forum: PMP® Open Forum
Topic: NPV Vs BCR Vs IRR
Replies: 1
Views: 627

### NPV Vs BCR Vs IRR

Dear Friends, Can anybody explain me the meaning and interpretation of the following question: At the discount rate equal to IRR: a) NPV < 0 and BCR < 1 b) NPV > 0 and BCR > 1 c) NPV = 0 and BCR = 1 d) None of the above I am not in a position to even understand "What is asked in the Question&qu...
Fri Feb 09, 2018 6:39 pm
Forum: PMP® Open Forum
Topic: Earned Value Management
Replies: 0
Views: 626

### Earned Value Management

A PM found following EVM analysis for a recent project SPI: 0.7, CPI: 1. Select the most appropriate option: a. The Project finished behind the schedule but on budget b. The Project finished ahead of the schedule but on budget c. The Project finished on schedule and on budget d. The Project was prob...
Tue Jan 30, 2018 2:38 pm
Forum: PMP® Open Forum
Topic: Earned Value Management Graph
Replies: 1
Views: 537

### Earned Value Management Graph

Dear Friends, May i know HOW DO I ARRIVE AT A CONCLUSION FROM A EVM GRAPH THAT WHETHER A PROJECT IS ABANDONED HALFWAY BEFORE ITS COMPLETION. From a Graph how do i arrive at a conclusion that 1. Has the Project completed in time? 2. Has the Project been abandoned before completion ? 3. Is the Schedul...
Sat Sep 02, 2017 6:04 am
Forum: PMP® Open Forum
Topic: Filling Certification Form
Replies: 0
Views: 891

### Filling Certification Form

​Dear Friends, Can you help me to understand the following: (1.) While filling the form for certification, as per my limited understanding, i am suppose to write a Project Description for each project completed in AROUND 500 CHARACTER. Is it "500 CHARACTERS" OR "500 WORDS"?. (2) ...
Wed Aug 23, 2017 1:21 pm
Forum: PMP® Open Forum
Topic: NPV Calculation
Replies: 2
Views: 766

### Re: NPV Calculation

Dear Friend,
This formula i also know. It is available everywhere. But if go to the question, we need to translate month into year. That is where the issue is. Can anybody elaborate how do i do that?
Tue Aug 22, 2017 6:22 pm
Forum: PMP® Open Forum
Topic: NPV Calculation
Replies: 2
Views: 766

### NPV Calculation

Hi Friends, Can anybody help me to solve this question. I am facing problem in translating month into year and Vise versa. The Question is "Calculate the net present value of a project which requires an initial investment of \$243,000 and it is expected to generate a cash inflow of \$50,000 each ...
Sun Jul 16, 2017 12:45 pm
Forum: PMP® Open Forum
Topic: Sequence of Steps for PMP Process
Replies: 7
Views: 2426

### Re: Sequence of Steps for PMP Process

Dear All, Sequencial steps of all Procurement Processes are given in Rita's book Page No.512. That is exactly i was looking for. It gives a very clear and transparent idea and acts as a Model for all Procurement Processes. Can anybody including Manish or any other expert tell me where i can find the...
Tue Jul 11, 2017 2:35 pm
Forum: PMP® Open Forum
Topic: Forthcoming PMP exam
Replies: 1
Views: 649

### Forthcoming PMP exam

Dear All, Can anybody tell me whether it will be a good idea to appear in PMP exam within next 1-2 months time frame taking into consideration that PMP 5th edition will be over by next few month and 6th edition will be launched very soon. Some people are saying that from July-17 onward PMP exam will...
Sun Jul 09, 2017 4:01 pm
Forum: PMP® Open Forum
Topic: Sequence of Steps for PMP Process
Replies: 7
Views: 2426

### Re: Sequence of Steps for PMP Process

Hi Tushar, My issue is NOT with Rita'S Process Chart or any other Process Chart defined at high level. Once again let me repeat, i am looking for detailed ACTION STEPS for all the Processes. It is because on the basis of high level description, in case i wish to arrive at a conclusion, i might arriv...
Sat Jul 08, 2017 5:06 am
Forum: PMP® Open Forum
Topic: Sequence of Steps for PMP Process
Replies: 7
Views: 2426

### Re: Sequence of Steps for PMP Process

Hi Deepak, I have made following observation from your reply. 1. You have written "Activities of all processes are mentioned in Rita's book". My observation is, Rita's book gives Action Steps of BROAD PROCESSES i.e. Initiating, Planning, Executing etc randomly NOT sequencial action steps o...
Fri Jul 07, 2017 2:54 pm
Forum: PMP® Open Forum
Topic: Sequence of Steps for PMP Process
Replies: 7
Views: 2426

### Re: Sequence of Steps for PMP Process

Hi Tushar, Options given for the above Question is 1. Sequence the activities 2. Validate that they have the correct scope 3. Create a preliminary schedule and get the teams approval--Correct answer and 4. Complete risk management Another similar Question is as follows: The activity duration estimat...
Wed Jul 05, 2017 4:10 pm
Forum: PMP® Open Forum
Topic: Sequence of Steps for PMP Process
Replies: 7
Views: 2426

### Sequence of Steps for PMP Process

Dear All, Can anybody suggest me where i can find the "Sequence of Steps for PMP Process"? or "Step by Step Actions involved in each of the PMP Process"? Remember, i am NOT talking about ITTO. I felt the need of above input when i came across with few questions such as " The...
Wed Apr 26, 2017 1:06 pm
Forum: PMP® Open Forum
Topic: Tired of rattafying ITTOs
Replies: 7
Views: 2550

### Re: Tired of rattafying ITTOs

Dear Friends, It is very much clear that ITTO is one of the biggest painful area of an average PMP aspirant. When i talk to REP or experts, i receive a standard reply that ITTO cannot be memorized and it has to be understood in letter and spirit. I perfectly agree with this thought and there cannot ...
Sun Apr 23, 2017 6:19 pm
Forum: PMP® Open Forum
Topic: Q No.80 of Mock Test ETC
Replies: 2
Views: 1094

### Q No.80 of Mock Test ETC

Dear All, To me this Question and its answer given in the Izenbridge. com is not clear. I have picked up this Q from Mock Test(Q No.80). 80. Question You are managing a project which is estimated to cost \$ 300,000 with a timeline of 10 months. Due to some reasons schedule was slightly delayed and th...
Thu Apr 06, 2017 10:03 am
Forum: PMP® Open Forum
Topic: Monitoring & Control
Replies: 1
Views: 734

### Monitoring & Control

Dear All,

With a real life example can anybody explain the difference between Monitoring and Controlling Project Work and Monitoring and Controlling Process Group. The former is a part of Integration Management. Looking forward...JOYDIP
Mon Apr 03, 2017 7:36 am
Forum: PMP® Open Forum
Topic: Learning ITTO
Replies: 1
Views: 704

### Learning ITTO

Dear Sir, Is there any user friendly method of learning ITTO. After struggling for two months i found that ITTO has become the biggest weakness for me. Even, i have not found any difficulty to master PMP MATHS FORMULA including four formula of EAC or PTA. I am very much comfortable with that without...