Search found 1722 matches

by manishpn
Mon Nov 27, 2017 8:56 pm
Forum: PMP® Queries and Tips
Topic: Change management plan
Replies: 3
Views: 294

Re: Change management plan

what exactly if your query?
by manishpn
Sun Nov 26, 2017 7:54 pm
Forum: PMP® Open Forum
Topic: Contract Type
Replies: 3
Views: 391

Re: Contract Type

Q. Project Manage wanted to award some renovation contract to a preferred source, the contractor said the Total Cost of the contract $ 20000 . Cost of material and others is $16000 and the fees will be $4000. What type of Contract it is? 1. Fixed Price 2. Time and Material Contract 3.Cost plus fixe...
by manishpn
Sun Nov 26, 2017 7:52 pm
Forum: PMP® Queries and Tips
Topic: Few Questions during my mock exam - Need Clarification
Replies: 1
Views: 215

Re: Few Questions during my mock exam - Need Clarification

Hi Balaji kindly post one question per thread and also put relevant title to the thread
by manishpn
Sun Nov 26, 2017 7:49 pm
Forum: PMP® Queries and Tips
Topic: Google hangouts, clarification section
Replies: 2
Views: 261

Re: Google hangouts, clarification section

you can search for hangouts on our youtube channel search youtube for 'izenbridge pmp hangout'

for clarification session the clarification thread is the only option.
by manishpn
Sat Nov 25, 2017 9:30 pm
Forum: PMP® Open Forum
Topic: Issue log and Change log
Replies: 1
Views: 405

Re: Issue log and Change log

Hi PMP experts, Can you please explain the difference between Issue and change log ? How are they different and go through different process? How do we classify which one is project doc? its simple issue logs have list of all issues logged in the project change log has list of all changes raised in...
by manishpn
Sat Nov 25, 2017 9:21 pm
Forum: PMP® Open Forum
Topic: Conflict Management - Short Term & Long Term resolution
Replies: 1
Views: 399

Re: Conflict Management - Short Term & Long Term resolution

Out of the 5 techniques, which all provides temporary solution? PMBOK 5 says - Compromising gives Temporary solution to Conflict Resolution. I have seen Saket's video on Conflict managment ( https://www.youtube.com/watch?v=AWcFCaUKX2k ). He says Smoothing & Withdrawal are First Level of Conflic...
by manishpn
Sat Nov 25, 2017 9:15 pm
Forum: PMP® Open Forum
Topic: what would be the SPI?
Replies: 1
Views: 353

Re: what would be the SPI?

i agree not right solution if it 0 - 100 rule then only 100% completer activity are counted
by manishpn
Sat Nov 25, 2017 9:09 pm
Forum: PMP® Open Forum
Topic: Project Objective
Replies: 1
Views: 281

Re: Project Objective

I am not sure of PMBOK reference
however its logical that sponsor owns business case (which defines project objective) and hence sponsor responsibility to define objective,
PM only executes and manages benefit realization
by manishpn
Sat Nov 25, 2017 9:07 pm
Forum: PMP® Queries and Tips
Topic: communications channels
Replies: 1
Views: 234

Re: communications channels

I would exclude PM from the count.
same logic as i explained

Again i must admit I am not 100% sure on this
by manishpn
Sat Nov 25, 2017 9:05 pm
Forum: PMP® Queries and Tips
Topic: Contingency plans are acceptance
Replies: 3
Views: 522

Re: Contingency plans are acceptance

kindly post the question to get right context
by manishpn
Sat Nov 25, 2017 9:04 pm
Forum: PMP® Queries and Tips
Topic: Quantitative Risk
Replies: 1
Views: 248

Re: Quantitative Risk

Amita is a project manager managing a town-development project. She has set up a series of interviews with various stakeholders to gather some experiential and historical information on risks. Which phase is this likely to happen in? Perform Qualitative Risk Analysis Plan Risk Responses Understand ...
by manishpn
Sat Nov 25, 2017 8:55 pm
Forum: PMP® Queries and Tips
Topic: Notify stakeholders
Replies: 2
Views: 250

Re: Notify stakeholders

While a co-worker is out on vacation for two weeks, you are standing in for her as the project manager of a process improvement project. During project meetings it becomes apparent that there is a great deal of conflict between stakeholders, and as you review the project documentation you discover ...
by manishpn
Sat Nov 25, 2017 6:42 pm
Forum: PMP® Queries and Tips
Topic: Kick off Meeting
Replies: 1
Views: 223

Re: Kick off Meeting

Kick off is part of planning process group
by manishpn
Thu Nov 23, 2017 4:16 pm
Forum: PMP® Exam Lessons – Success Stories
Topic: Finaly achieved my PMP milestone 22-Nov 17, 4 Above Target and Closing Target.
Replies: 2
Views: 929

Re: Finaly achieved my PMP milestone 22-Nov 17, 4 Above Target and Closing Target.

Congratulations and thankyou for choosing izenbridge and sharing your experience which will benefit others
by manishpn
Wed Nov 22, 2017 8:01 pm
Forum: PMP® Open Forum
Topic: Close Project
Replies: 4
Views: 878

Re: Close Project

from where did you got this chronological order?
by manishpn
Wed Nov 22, 2017 7:59 pm
Forum: PMP® Open Forum
Topic: Saket - Risk Doubt
Replies: 4
Views: 1049

Re: Saket - Risk Doubt

Dear Saket, Risk Management is an iterative process. Throughout the project we do periodic Risk Reassessment and try to identify New Risks. Thats correct So While doing Risk Reassessment the PM finds a previously Unidentified Risk, means a New Risk. So if he is given following 2 options what should...
by manishpn
Wed Nov 22, 2017 7:56 pm
Forum: PMP® Open Forum
Topic: Quick Data Required as per PMBOK5
Replies: 2
Views: 597

Re: Quick Data Required as per PMBOK5

Do anyone from Izenbridge has quick summary data on below . Data is available in PMBOK5 however needs to meander through multiple pages. i cannot understand your query 1. There are no notes on Cost, Communication and RIsk plan in PMBOK5... Is these plans needs to be highly detailed or as per need o...
by manishpn
Wed Nov 22, 2017 7:51 pm
Forum: PMP® Open Forum
Topic: Project Report And Project Record
Replies: 1
Views: 495

Re: Project Report And Project Record

Project file, Project records, Project closure docs, Historical info What is the relation among above docs? I know they are part of OPA. But are they subsets of each other? Project closure docs are usually like project documents while the project is still running They are all then filed as project ...
by manishpn
Wed Nov 22, 2017 7:46 pm
Forum: PMP® Open Forum
Topic: stakeholder 2
Replies: 1
Views: 354

Re: stakeholder 2

poor quality question and explanation provided is even worse, dont spend time on it
by manishpn
Sun Nov 19, 2017 5:32 pm
Forum: PMP® Open Forum
Topic: Project Closure
Replies: 7
Views: 1031

Re: Project Closure

there is no prescribed order, however releasing the team should be last option, PM can release some of the team in gradual manner but the cannot release entire team before lesssons learnt is complete.
by manishpn
Sat Nov 18, 2017 5:39 pm
Forum: PMP® Open Forum
Topic: Situational Question
Replies: 5
Views: 734

Re: Situational Question

But this issue is not impacting project scope,cost and Time. Why do you assume that CR is needed only if it impacts baseline? Do not assume. Also when in doubt try to use elimination technque A) Inform immediately to client - This is not needed as informing client is only needed if there is some ma...
by manishpn
Thu Nov 16, 2017 8:11 pm
Forum: PMP® Queries and Tips
Topic: PMP Standard
Replies: 1
Views: 336

Re: PMP Standard

did not understand your question
by manishpn
Mon Nov 13, 2017 9:32 pm
Forum: PMP® Open Forum
Topic: procurement Q/A 2
Replies: 1
Views: 289

Re: procurement Q/A 2

the wording of this question is not good , it creates confusion ,

Of course if contract is T and M that will be biggest concern for the PM,
the contract type is not defined well in the process, so option C cant be true if its FP project where scope and cost are agreed in advance,
by manishpn
Mon Nov 13, 2017 9:19 pm
Forum: PMP® Open Forum
Topic: Procurement Q&A 1
Replies: 1
Views: 286

Re: Procurement Q&A 1

If I had to choose one for elimination I would choose risk log, however your reasoning is right and besides risk log can be in some of the contracts as well
by manishpn
Mon Nov 13, 2017 8:55 pm
Forum: PMP® Open Forum
Topic: Output of Perform Integrated Change Control Process
Replies: 2
Views: 567

Re: Output of Perform Integrated Change Control Process

yes its mistake/overlook good catch
by manishpn
Mon Nov 13, 2017 8:47 pm
Forum: PMP® Queries and Tips
Topic: Access to PMP forums)exclusive section)
Replies: 1
Views: 267

Re: Access to PMP forums)exclusive section)

email to support@izenbridge.com, they can help you.
by manishpn
Sun Nov 12, 2017 9:43 am
Forum: PMP® Open Forum
Topic: how to study/remember ITTO
Replies: 1
Views: 481

Re: how to study/remember ITTO

by manishpn
Wed Nov 08, 2017 6:41 pm
Forum: PMP® Open Forum
Topic: Projet manager influencing factors causing change
Replies: 7
Views: 991

Re: Projet manager influencing factors causing change

I am getting confused on two conflicting points in monitoring and control , below are the points: 1) PM should influence factors causing change 2) PM should control changes and impacts of the changes Why would a PM influence change, it will lead to changes to so many other KAs ? how can you control...
by manishpn
Wed Nov 08, 2017 6:17 pm
Forum: PMP® Open Forum
Topic: Time managment
Replies: 2
Views: 650

Re: Time managment

Management informed the project manager that some of the resource assigned to the project would be transferred to another project within the next week,how should the project manager proceed? 1.Fast track the project 2.Issue a change request 3.Try to redo the plan without the resources,and document ...
by manishpn
Sun Nov 05, 2017 2:36 pm
Forum: PMP® Open Forum
Topic: Projet manager influencing factors causing change
Replies: 7
Views: 991

Re: Projet manager influencing factors causing change

yes i just wanted to know which book is referred to so I can set the context right
by manishpn
Sun Nov 05, 2017 10:59 am
Forum: PMP® Open Forum
Topic: Projet manager influencing factors causing change
Replies: 7
Views: 991

Re: Projet manager influencing factors causing change

which book are you referring to ?
by manishpn
Sun Nov 05, 2017 10:50 am
Forum: PMP® Open Forum
Topic: Question on 47 Processes
Replies: 1
Views: 543

Re: Question on 47 Processes

except for some formula no need to memorize anything for PMP need to understand the logic
read this blog

https://www.izenbridge.com/blog/pmp-itto/
by manishpn
Sun Nov 05, 2017 9:09 am
Forum: PMP® Queries and Tips
Topic: Rita Book conflict on Definition as compared to PMBOK
Replies: 4
Views: 533

Re: Rita Book conflict on Definition as compared to PMBOK

go with PMBOK,
simple to remember:

corrective is reactive approach
preventive is proactive approach
by manishpn
Tue Oct 31, 2017 3:55 pm
Forum: PMP® Open Forum
Topic: Earned Value Management (EVM)
Replies: 3
Views: 582

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: 314

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: PMP® Open Forum
Topic: Project Closure
Replies: 7
Views: 1031

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: 424

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: 378

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: 639

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: 1144

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: 684

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: 1144

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: 1144

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: 1568

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: 881

Re: Workaround

:)
by manishpn
Tue Oct 17, 2017 7:35 pm
Forum: PMP® Open Forum
Topic: Project Closure Documents
Replies: 3
Views: 886

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: PMP® Open Forum
Topic: Mock Test
Replies: 3
Views: 906

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: PMP® Open Forum
Topic: EVM question
Replies: 1
Views: 548

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: 549

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: 980

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.

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