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by maverick
Mon Sep 18, 2017 4:02 pm
Forum: PMP® Open Forum
Topic: Mock Tech Numerical
Replies: 3
Views: 256

Re: Mock Tech Numerical

It goes something like this - BAC = $80,000 AC = $50,000 EV = 70% of $80,000 = $56,000 Therefore, CPI = EV/AC = 1.12. This indicates that you are performing under budget, hence the formula to be used for TCPI will be: TCPI = (Work Remaining)/ (Funds Remaining) = (BAC-EV)/(BAC-AC) = 0.8 in this case....
by maverick
Mon Sep 18, 2017 9:48 am
Forum: PMP® Open Forum
Topic: Hi need a good explanation on funding limit reconciliation? please help
Replies: 2
Views: 287

Re: Hi need a good explanation on funding limit reconciliation? please help

FLR is one of the tool for PMs to do cost budgeting. Most Organizations have limited resources to fund their projects which affects the cash flow of the organisation. Funding is generally based on each quarter or a fiscal year. Hence it becomes important at times for the project budget to follow con...
by maverick
Mon Sep 18, 2017 9:37 am
Forum: PMP® Open Forum
Topic: Mock Test
Replies: 2
Views: 260

Re: Mock Test

Commercial databases are always Enterprise Environmental Factors which in this case are referring to an external condition not under the control of project team. Hence A should be the choice.

Thanks,

Sheshir
by maverick
Mon Sep 18, 2017 9:21 am
Forum: PMP® Open Forum
Topic: Project Progress Report
Replies: 2
Views: 251

Re: Project Progress Report

I second Niraj on this as a Townhall meetings are generally called for updating the organizational status to the staff which may include the mix of all level of employees. As such, presenting a high level overview and not specifics like a bar or gantt chart is preferred.

Thanks,

Sheshir
by maverick
Mon Sep 18, 2017 9:13 am
Forum: PMP® Open Forum
Topic: Fast Tracking
Replies: 2
Views: 250

Re: Fast Tracking

Fast Tracking essentially relate to having a parallel arrangement to complete a task. To me, option 3 makes sense as using a preferential logic or soft or preferred logic would facilitate fast tracking. Hence #3. Activities have preferential dependencies should be the choice.

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