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by Prembalaji
Mon Aug 14, 2017 6:14 am
Forum: PMP® Open Forum
Topic: PMP Q&A clarification
Replies: 2
Views: 33

PMP Q&A clarification

Q: The deliverable as well as the schedule baselines of your project have been changed three times. Which of the following is MOST LIKELY the cause of the changes? 1. The lack of clear instructions from project sponsor 2. Incomplete project management plans 3. The lack of a signed-off project charte...
by Prembalaji
Tue Aug 01, 2017 2:43 am
Forum: PMP® Open Forum
Topic: Project Staatus
Replies: 16
Views: 274

Re: Project Staatus

The Answer should be - The project is completed and on Budget and behind the schedule.

CPI=1 is "on" budget (not over or under)
SPI=0.9 is behind schedule

Can someone correct me if im wrong
by Prembalaji
Mon Jul 17, 2017 8:21 am
Forum: PMP® Open Forum
Topic: Procurement Management Plan
Replies: 5
Views: 189

Re: Procurement Management Plan

Option 1 , cannot be the correct answer as procurement management plan deals about How to handle the procurement for the Project rather than , what is being handled in the Procurement .
by Prembalaji
Mon Jul 17, 2017 8:10 am
Forum: PMP® Open Forum
Topic: Analogous Estimates
Replies: 3
Views: 133

Re: Analogous Estimates

Parametric Estimating = ( Analogous Estimate + certain formula ) , the formula may be an explanation on the Scale at which the previous Projects is bigger or smaller to that of the current project , Since there is no such explanation about the scale or magnitude at the difference between the Current...
by Prembalaji
Mon Jun 19, 2017 6:48 am
Forum: PMP® Open Forum
Topic: Stakeholder Management
Replies: 6
Views: 279

Re: Stakeholder Management

I would pick: 1.Take into account risk tolerance (choosing the ans by elimination method) And to my understanding , working on Risk Tolerance would be PM and PM Teams responsibility rather than Sponsor/Customer , although Sponsor/Customer would contribute initially in giving their inputs for Risks ....

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