Search found 1755 matches

by manishpn
Tue Oct 31, 2017 3:55 pm
Forum: PMP® Open Forum
Topic: Earned Value Management (EVM)
Replies: 3
Views: 315

Re: Earned Value Management (EVM)

its an overlook , good catch
Cost is key component in EVM calculations
by manishpn
Tue Oct 31, 2017 12:36 pm
Forum: PMP® Queries and Tips
Topic: Activity Cost Estimates
Replies: 1
Views: 173

Re: Activity Cost Estimates

usually at the activity level we do not add indirect/Fixed cost as its practically difficult to associate such costs to an activity.

However project may have guidelines on how to split indirect cost across different activities,
by manishpn
Tue Oct 31, 2017 12:28 pm
Forum: iZenBridge PMP Open Questions
Topic: Project Closure
Replies: 7
Views: 496

Re: Project Closure

this is not a good quality question, we do not not know if the deliverable were accepted, completed does not necessarily means its accepted If I assume ALL deliverables are accepted then we are in CLOSE Project phase and then it makes sense to update final lessons learnt before releasing team member...
by manishpn
Wed Oct 25, 2017 3:34 pm
Forum: PMP® Open Forum
Topic: Stakeholder Role
Replies: 1
Views: 180

Re: Stakeholder Role

The role of each stakeholder is determined by whom? The stakeholder and the sponsor The project manager and the sponsor The team and the project manager The project manager and the stakeholder Stakeholder provide requirement and have positive and negative influence. How to determine role of stakeho...
by manishpn
Wed Oct 25, 2017 3:16 pm
Forum: PMP® Open Forum
Topic: Gold Plating
Replies: 1
Views: 169

Re: Gold Plating

The Project Manager determines at the end of the project that five additional functionalities and two areas of performance have been added to the project. The client has expressed satisfaction with the project. What does this mean in the terms of success of the project? The Project was a big succes...
by manishpn
Wed Oct 25, 2017 3:10 pm
Forum: PMP® Open Forum
Topic: PMP Mock Test
Replies: 1
Views: 185

Re: PMP Mock Test

Its a good question and is a bit deep in Statistical area. I am not an expert in this area and cant really comment on it confidently confidence level can be understood that how confident PM wants to be that the actual mean falls within PM confidence interval? confidence level can be 90%, 95% and 98%...
by manishpn
Sat Oct 21, 2017 7:36 pm
Forum: PMP® Open Forum
Topic: Change Control
Replies: 8
Views: 676

Re: Change Control

If i had to choose I will choose option C since the defect is not in deliverable, however as I said its difficult to choose
by manishpn
Sat Oct 21, 2017 7:35 pm
Forum: PMP® Open Forum
Topic: Q&A HR 1
Replies: 4
Views: 331

Re: Q&A HR 1

I agree,
it would be good to know reasoning behind option B, what explanation is provided?
by manishpn
Fri Oct 20, 2017 5:59 am
Forum: PMP® Open Forum
Topic: Change Control
Replies: 8
Views: 676

Re: Change Control

a. Corrective action:-Corrective action is after prevention. Prevention is already take as machine wear and tear happened before expected time. b. Defect repair:- defect of product not produced yet thus ,it is not valid. 'order to replace the damaged parts of machinery', when a part of machine is d...
by manishpn
Thu Oct 19, 2017 4:50 pm
Forum: PMP® Open Forum
Topic: Change Control
Replies: 8
Views: 676

Re: Change Control

this one a thin line between defect repair and preventive.
'showing signs of wear and damage much earlier than expected' 'order to replace the damaged parts of machinery'

the above information makes me more inclined towards defect repair as an option
by manishpn
Tue Oct 17, 2017 7:42 pm
Forum: PMP® Open Forum
Topic: Whats the correct answer?
Replies: 8
Views: 955

Re: Whats the correct answer?

I provided my answer above it should be option #3
by manishpn
Tue Oct 17, 2017 7:36 pm
Forum: PMP® Open Forum
Topic: Workaround
Replies: 3
Views: 484

Re: Workaround

:)
by manishpn
Tue Oct 17, 2017 7:35 pm
Forum: PMP® Open Forum
Topic: Project Closure Documents
Replies: 3
Views: 472

Re: Project Closure Documents

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 re...
by manishpn
Tue Oct 17, 2017 7:27 pm
Forum: iZenBridge PMP Open Questions
Topic: Mock Test
Replies: 3
Views: 517

Re: Mock Test

Project management is an integrative undertaking that requires each ______________ and ___________ process to be appropriately aligned and connected with other processes to facilitate coordination. A . Process and knowledge areas B. Project and product C. Product and knowledge areas D. Phases and k...
by manishpn
Tue Oct 17, 2017 6:18 pm
Forum: iZenBridge PMP Open Questions
Topic: EVM question
Replies: 1
Views: 282

Re: EVM question

AC = 10 hours * 10 team Member *4 Days
= 400
by manishpn
Tue Oct 17, 2017 6:04 pm
Forum: PMP® Queries and Tips
Topic: Management reserve
Replies: 2
Views: 340

Re: Management reserve

Management reserve is not transparent to PM, so when you get approval to use Management reserve how much % of reserve is left is not known to PM and PM should not worry about it. usually Management reserve is not part of performance measurement so even if some Mgmnt reserve is approved when an unkno...
by manishpn
Sun Oct 15, 2017 8:23 am
Forum: PMP® Queries and Tips
Topic: To Complete Performance Index (TCPI)
Replies: 5
Views: 550

Re: To Complete Performance Index (TCPI)

Just use BAC for second as well, no need to calculate EAC as you do not know what type of variance it is.
by manishpn
Sat Oct 14, 2017 12:26 pm
Forum: PMP® Queries and Tips
Topic: To Complete Performance Index (TCPI)
Replies: 5
Views: 550

Re: To Complete Performance Index (TCPI)

cant really say without looking at the question

can you share which question are you referring to
by manishpn
Fri Oct 13, 2017 5:14 pm
Forum: PMP® Queries and Tips
Topic: To Complete Performance Index (TCPI)
Replies: 5
Views: 550

Re: To Complete Performance Index (TCPI)

you should always use EAC for TCPI calculation, ofcourse if your EAC is still equal to BAC then BAC can be used
by manishpn
Fri Oct 13, 2017 5:12 pm
Forum: PMP® Exam Lessons – Success Stories
Topic: Hurrah - Passed PMP Exam in first Attempt - Oct 6
Replies: 2
Views: 953

Re: Hurrah - Passed PMP Exam in first Attempt - Oct 6

Hi prem congratulations and thanks for sharing your experience, I am sure it will help others as well
by manishpn
Sun Oct 08, 2017 8:03 pm
Forum: PMP® Open Forum
Topic: Process Analysis vs Root cause Analysis
Replies: 2
Views: 353

Re: Process Analysis vs Root cause Analysis

Pg.247 of PMBOK...says process analysis includes root cause analysis-a specific technique used to identify a problem,discover underlying cause that lead to it and develop preventive action. Should I conclude that when u want to find root cause ..use Ishikawa and when analyse root cause use process A...
by manishpn
Sat Oct 07, 2017 6:28 pm
Forum: PMP® Open Forum
Topic: SPI=.8 CPI= 1 , Deliverables Status!
Replies: 2
Views: 398

Re: SPI=.8 CPI= 1 , Deliverables Status!

If SPI = .8 , CPI=1 and project is closed out in my understanding; all deliverables are not given but the project is on budget. If project is closed when SPI was 0.8, it means that all deliverable were not complete as EV was less than PV When EV and PV becomes equal i.e. when SPI =1 all deliverable...
by manishpn
Sat Oct 07, 2017 5:55 pm
Forum: iZenBridge PMP Open Questions
Topic: residual risk and secondary risk difference
Replies: 2
Views: 482

Re: residual risk and secondary risk difference

please refer to thread with discussion on this
viewtopic.php?f=11&t=5054&p=18761&hilit=residual+risk#p18758

there are many more discussions that have happened in this this regards on forum
by manishpn
Sat Oct 07, 2017 5:17 pm
Forum: PMP® Queries and Tips
Topic: Responsible and Accountable
Replies: 1
Views: 296

Re: Responsible and Accountable

Responsible: Responsible means the person(s) assigned is/are the ones to carry out and finish the task There can be more than one people responsible for an activity/task Accountable: Accountable means the person assigned is Accountability CANNOT be shared, meaning that there is only ONE individual ...
by manishpn
Wed Oct 04, 2017 5:06 pm
Forum: PMP® Open Forum
Topic: Whats the correct answer?
Replies: 8
Views: 955

Re: Whats the correct answer?

The question has little information to confidently point at an option, however my inclination is towards option #3 You are given charge of a new project by your senior managment.what is the best thing to do? 1.start planning - Before you start planning you need to know who are the critical stakehol...
by manishpn
Mon Oct 02, 2017 9:55 pm
Forum: PMP® Open Forum
Topic: Sponsor : most applicable responsibility
Replies: 7
Views: 665

Re: Sponsor : most applicable responsibility

What is the MOST applicable responsibility of a Project Sponsor? A.To ensure the project is within the budget, schedule, scope and quality standards - This is operation day to day tasks and is mainly PMS role B.To achieve the project objectives - This is primarily PM with help of Sponsor and other ...
by manishpn
Sat Sep 30, 2017 5:35 pm
Forum: Oliver 75 PMP Questions
Topic: Oliver 75 - 75th Question
Replies: 7
Views: 3528

Re: Oliver 75 - 75th Question

oliver mentions that Activity E is dangling activity which is also true and also option C is true I am also not sure why option C was ruled out. Activity F can start when activity E is 60% complete then no one really has dependency on when activity E will complete A dangle activity is a "loose&...
by manishpn
Tue Sep 26, 2017 4:38 pm
Forum: PMP® Open Forum
Topic: Initiating Process group Mock Test
Replies: 1
Views: 292

Re: Initiating Process group Mock Test

this question has been discussed before and Saket has answere it
refer to thread below

viewtopic.php?f=11&t=307&p=956&hilit=3000+MW#p956
by manishpn
Sun Sep 24, 2017 9:16 pm
Forum: PMP® Open Forum
Topic: scordo Cost management
Replies: 5
Views: 499

Re: scordo Cost management

nazrulq wrote: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!



ETC is not always bottom up,

I strongly recommend you to clear your concepts well wrt EVM
by manishpn
Sun Sep 24, 2017 11:25 am
Forum: PMP® Open Forum
Topic: scordo Cost management
Replies: 5
Views: 499

Re: scordo Cost management

All other options are predictive methods based on assumptions you have made during the start of the project. Situations change as we move ahead in project, we realize many new things which were probably not factored in during the start, if you really want to take into considerations all current situ...
by manishpn
Sun Sep 24, 2017 11:21 am
Forum: PMP® Open Forum
Topic: Workaround
Replies: 3
Views: 484

Re: Workaround

I have explained this before many times,

Workaround are NOT PLANNED, its used if your initial response is not effective enough.

There workarounds are not planned in planning stage
by manishpn
Fri Sep 22, 2017 5:53 am
Forum: PMP® Open Forum
Topic: Question regarding EV
Replies: 4
Views: 387

Re: Question regarding EV

Yes i Agree this is fairly simple question, not sure if you got confused due to 'all but which'
by manishpn
Fri Sep 22, 2017 5:52 am
Forum: PMP® Open Forum
Topic: PMP Maths
Replies: 2
Views: 330

Re: PMP Maths

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 the net result was that there was some additional cost in the project. At the end of the third month, you review the project and find that the project ...
by manishpn
Fri Sep 22, 2017 5:50 am
Forum: PMP® Open Forum
Topic: Getting Resource commitments.
Replies: 4
Views: 415

Re: Getting Resource commitments.

Hi Manish, Rita says that meeting with managers to get resource commitments is part of planning process group....pg.95 in project management processes. However,this acquire project team which deals with confirming HR availability and obtaining the team comes under the executing process group. Can u...
by manishpn
Thu Sep 21, 2017 3:39 pm
Forum: PMP® Open Forum
Topic: PMP qualified
Replies: 1
Views: 262

Re: PMP qualified

Congratulations and thanks for choosing us.

wish you best with new credentials
by manishpn
Wed Sep 20, 2017 4:05 pm
Forum: PMP® Open Forum
Topic: NPV Q/A
Replies: 2
Views: 391

Re: NPV Q/A

hi rahul we encourage students to do their math themselves and learn from mistakes.

kindly attempt the question and lets discuss
by manishpn
Wed Sep 20, 2017 4:04 pm
Forum: PMP® Queries and Tips
Topic: Questions based on changes post 11 Jan 2016
Replies: 8
Views: 968

Re: Questions based on changes post 11 Jan 2016

if you need any more help let us know
by manishpn
Tue Sep 19, 2017 6:50 pm
Forum: PMP® Open Forum
Topic: Cost management question
Replies: 4
Views: 429

Re: Cost management question

its 60% of wages + Fringe Benifits
by manishpn
Tue Sep 19, 2017 6:48 pm
Forum: PMP® Queries and Tips
Topic: quality management Control charts
Replies: 2
Views: 343

Re: quality management Control charts

many discussions have happened in this regards
refer to post below which also has links to other posts
viewtopic.php?f=3&t=6994&p=25459&hilit=special+cause#p25459
by manishpn
Mon Sep 18, 2017 5:14 pm
Forum: PMP® Open Forum
Topic: Cost management question
Replies: 4
Views: 429

Re: Cost management question

hourly rate 1400
Fringe benefit 420
wage+fringe benefit 1820
overhead cost 1512
total hourly wage 2912
by manishpn
Fri Sep 15, 2017 5:23 pm
Forum: PMP® Open Forum
Topic: Critical Path
Replies: 9
Views: 1219

Re: Critical Path

Thanks Manish for providing the feedback and confirming that option 1 was the correct choice. Just to make things clear in my mind, can you please confirm or provide the feedback on the following : - can critical path have float? Yes during the course of the project it can have, though initial SND ...
by manishpn
Fri Sep 15, 2017 6:14 am
Forum: PMP® Open Forum
Topic: Critical Path
Replies: 9
Views: 1219

Re: Critical Path

good discussion and only one got it right The question is easy one if you understand the difference between CP and CC method. While calculating critical path PM does not take into consideration that resources are a constraint, while in CC method resources are the biggest contraint. So option #1 is t...
by manishpn
Thu Sep 14, 2017 7:24 pm
Forum: PMP® Open Forum
Topic: Comparable information vs Project scope
Replies: 3
Views: 479

Re: Comparable information vs Project scope

Hi, Found the below statement on pg.121 of PMBOK. "If project charter is not used in the performing organisation,the comparable information needs to be acquired/developed and used as a basis for detailed project scope statement and informal analysis" My question is what does comparable in...
by manishpn
Thu Sep 14, 2017 9:54 am
Forum: PMP® Open Forum
Topic: Mock Test
Replies: 4
Views: 574

Re: Mock Test

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 pro...
by manishpn
Thu Sep 14, 2017 9:45 am
Forum: PMP® Open Forum
Topic: PMP in foregin countries Especially in Middle East
Replies: 1
Views: 253

Re: PMP in foregin countries Especially in Middle East

Hi Not sure if I understood your question. PMP is a strong credential to have for a PM or to be PM irrespective of country. Ofcourse some countries have higher demand than others. Since we offer online videos and support it is not a problem about where do you reside . You can contact support@izenbri...
by manishpn
Wed Sep 13, 2017 8:43 pm
Forum: PMP® Open Forum
Topic: Contingency reserve tricky question.
Replies: 11
Views: 1287

Re: Contingency reserve tricky question.

Interesting question.. if it was not discussed here and would have appeared in exam , I would have confidently gone for Option C :( :( :( .. Thanks for the explanation Manish and Neeraj for PMBOK reference.. Just another question out of curiosity.. When PM removes this from Contingency Reserve, whe...
by manishpn
Wed Sep 13, 2017 8:42 pm
Forum: PMP® Open Forum
Topic: Contingency reserve tricky question.
Replies: 11
Views: 1287

Re: Contingency reserve tricky question.

you will not find every question in exam which is covered by PMBOK.

You can refer to risk practice guide from PMI if you really want to dig into details, , even there this is no straight forward statement but one has to understand and derive from the practice guide content
by manishpn
Wed Sep 13, 2017 8:40 pm
Forum: PMP® Open Forum
Topic: Common vs special causes of variation.
Replies: 4
Views: 674

Re: Common vs special causes of variation.

following threads may help you http://forum.izenbridge.com/viewtopic.php?f=3&t=3922&p=15306&hilit=special+cause#p15306 http://forum.izenbridge.com/viewtopic.php?f=3&t=6810&p=24808&hilit=special+cause#p24808 One should remember that common cause is “common” and that is not con...

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