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by manishpn
Wed Sep 06, 2017 6:32 pm
Forum: PMP® Open Forum
Topic: time menagement Q/A series 2
Replies: 1
Views: 290

Re: time menagement Q/A series 2

Hi Rahul, Not sure what is the issue here. the explaination provided is good
also refer to thread
viewtopic.php?f=31&t=5360
viewtopic.php?f=3&t=645
by manishpn
Wed Sep 06, 2017 6:08 pm
Forum: PMP® Open Forum
Topic: time menagement Q/A series 2
Replies: 1
Views: 324

Re: time menagement Q/A series 2

post one query per thread
by manishpn
Wed Sep 06, 2017 4:54 pm
Forum: PMP® Open Forum
Topic: time menagement Q/A
Replies: 2
Views: 452

Re: time menagement Q/A

kindly post 1 question per thread.

for SND calculations we always recommend that you do you own calculation on a paper , take picture and upload it here this is the best way to learn
by manishpn
Wed Sep 06, 2017 4:48 pm
Forum: PMP® Open Forum
Topic: Saket Bansal Sir's name in PMBOK 6
Replies: 4
Views: 626

Re: Saket Bansal Sir's name in PMBOK 6

yes thats great news for all of us
by manishpn
Wed Sep 06, 2017 6:38 am
Forum: PMP® Exam Lessons – Success Stories
Topic: Passed PMP at First Attempt on Aug 31, 2017
Replies: 4
Views: 1235

Re: Passed PMP at First Attempt on Aug 31, 2017

Hi Pranab, Great news !!!
Thanks for choosing Izenbridge.
Wish you greater success in career post PMP :)
by manishpn
Tue Sep 05, 2017 7:33 pm
Forum: PMP® Queries and Tips
Topic: Resisting to Supportive stakeholders
Replies: 9
Views: 1164

Re: Resisting to Supportive stakeholders

Ah... Sorry Manish.. you are right. Correct answer given was C.. I think I mixed up with C and D ( Must have been dozing when posting this one :oops: .. ) What I really meant to ask why D is not correct option.. and find below my thinking and reason for choosing D - D. Transfer these stakeholders t...
by manishpn
Mon Sep 04, 2017 1:43 pm
Forum: PMP® Queries and Tips
Topic: Resisting to Supportive stakeholders
Replies: 9
Views: 1164

Re: Resisting to Supportive stakeholders

i just checked the video and answer is indeed #C
by manishpn
Mon Sep 04, 2017 1:31 pm
Forum: PMP® Queries and Tips
Topic: Resisting to Supportive stakeholders
Replies: 9
Views: 1164

Re: Resisting to Supportive stakeholders

OK dont have time to go through the whole video
but my 2 cents - Do not spend time on mocks which do not provide a detail explanation on why a given answer is right or wrong
by manishpn
Mon Sep 04, 2017 1:28 pm
Forum: PMP® Open Forum
Topic: EVM question
Replies: 1
Views: 456

Re: EVM question

EVM question... On your current project, EV = $45,000, AC = $50,000, PV = $40,000. What is the schedule variance as a percentage of the work accomplished at this point in time? -90% +90.5% -85% +88.8% SV = 45000-40000=5000. How do we derive the worked accomplished at this point in time? Basis SV,op...
by manishpn
Sun Sep 03, 2017 8:36 pm
Forum: PMP® Queries and Tips
Topic: Direct vs Indirect cost
Replies: 1
Views: 445

Re: Direct vs Indirect cost

Hi, I came across the following question from Rita: Qsn: What Type of cost is team training: a) Direct b) NPV c) Indirect d) Fixed The correct answer given is A- Direct cost with the below explanation: "You are training the team on the skills required for the project. The cost is directly rela...
by manishpn
Sun Sep 03, 2017 8:33 pm
Forum: PMP® Queries and Tips
Topic: Resisting to Supportive stakeholders
Replies: 9
Views: 1164

Re: Resisting to Supportive stakeholders

what is the explanation provided for option D?
to me C seems to be best fit
by manishpn
Thu Aug 31, 2017 7:44 pm
Forum: PMP® Queries and Tips
Topic: Stakeholder Register
Replies: 3
Views: 781

Re: Stakeholder Register

I agree both of them are sensitive document, we need to know what it contains.
by manishpn
Tue Aug 29, 2017 5:21 pm
Forum: PMP® Queries and Tips
Topic: contingency reserve
Replies: 13
Views: 1496

Re: contingency reserve

Hi Manish, Thanks for sharing your feedback. However a follow-up qsn occurred to me ( in red) on this and would appreciate your response on that.. May be I am thinking too much and reading between the lines .. Still I think discussion will help in developing the correct understanding: 1. to impleme...
by manishpn
Mon Aug 28, 2017 10:18 am
Forum: PMP® Open Forum
Topic: Communication/ Stakeholder Manaagement
Replies: 1
Views: 374

Re: Communication/ Stakeholder Manaagement

if you understand the difference and linkage between communication and stakeholder management plan it will not be difficult to crack such questions. Communication management plan deal with HOW of communication whereas SMP deals with why and who So if you do not have right stakeholders identified you...
by manishpn
Mon Aug 28, 2017 10:07 am
Forum: PMP® Open Forum
Topic: Conduct Procurement
Replies: 1
Views: 386

Re: Conduct Procurement

Question :Larry is the project manager and working with procurement department of his organization to do procurement for his project. Procurement department said these are usual commodities and same has been procured many time. Also as this has been procured multiple times, generally they receive r...
by manishpn
Sun Aug 27, 2017 5:51 pm
Forum: PMP® Open Forum
Topic: Manage Project Team
Replies: 2
Views: 417

Re: Manage Project Team

social skills:
when you need to steer/move team in a direction social scale is needed which might include a manager finding a new way to motivate an employee or someone communicating their positive attributes
by manishpn
Sun Aug 27, 2017 5:48 pm
Forum: PMP® Open Forum
Topic: Make or Buy Analysis
Replies: 11
Views: 1154

Re: Make or Buy Analysis

to clarify

the questions statement

A vendor can offer at a charge of $50 per user and company expects 1000 users per month

this cannot be assumed as per month per user fee.
by manishpn
Sun Aug 27, 2017 5:47 pm
Forum: PMP® Open Forum
Topic: Return of Investment (ROI)
Replies: 2
Views: 508

Re: Return of Investment (ROI)

there are several project selection criteria, ROI is one of them along with payback period, NPV, cost benefit ratio

Each organization will have its own way of deciding projects priority
Return on Investment = Net profit / Capital Invested
by manishpn
Sat Aug 26, 2017 3:55 pm
Forum: PMP® Queries and Tips
Topic: Corrective & Preventive Action
Replies: 1
Views: 513

Re: Corrective & Preventive Action

Typically, corrective actions & Preventive actions are undertaken to adjust performance within the existing project baselines and do not change them. Is it possible to explain this ? Does this mean not all corrective and Preventive actions change the cost/schedule/scope baseline (PMB) ? But can...
by manishpn
Sat Aug 26, 2017 3:40 pm
Forum: PMP® Open Forum
Topic: Make or Buy Analysis
Replies: 11
Views: 1154

Re: Make or Buy Analysis

Hi Manish, Thanks for your feedback. Could you please throw a bit more light on CAPEX and OPEX.. Or reference if I can find that in PMBOK or Rita.. sorry as I don't go thru book line by line, so I might have missed it. My approach is more of watching the videos and then skim through the topic in bo...
by manishpn
Sat Aug 26, 2017 3:39 pm
Forum: PMP® Open Forum
Topic: Make or Buy Analysis
Replies: 11
Views: 1154

Re: Make or Buy Analysis

Let me explain if I have understood the question clearly Option 1 (To Make) To make in house , cost of making the module is =$ 50000 Cost of Maintainance is 30000/Month Option2 (To Buy) $50/Month , No of people expected =1500/Month Maintainance =1500/Month The question does not mention that cost of...
by manishpn
Sat Aug 26, 2017 12:44 pm
Forum: PMP® Mock Exams Open Questions
Topic: Stakeholder Mgmt Strategy sample question
Replies: 10
Views: 2450

Re: Stakeholder Mgmt Strategy sample question

I would go with option #2 although facilitated workshops are not generally used for testing , they focus on requirement gathering.
by manishpn
Sat Aug 26, 2017 12:10 pm
Forum: PMP® Open Forum
Topic: Brain Dump
Replies: 4
Views: 751

Re: Brain Dump

I am not aware about any changes to initial 15 min time frame available for students to get familiar with the exam software tool.

who gave you the information?
by manishpn
Fri Aug 25, 2017 5:01 pm
Forum: PMP® Open Forum
Topic: Make or Buy Analysis
Replies: 11
Views: 1154

Re: Make or Buy Analysis

A project manager is faced with a make or buy decision.A certain software module would cost $50000 to develop in house and $30000 a month to maintain.A vendor can offer at a charge of $50 per user and company expects 1000 users per month.In addition the vendor will charge maintenance fee of $1500 p...
by manishpn
Fri Aug 25, 2017 4:52 pm
Forum: PMP® Queries and Tips
Topic: contingency reserve
Replies: 13
Views: 1496

Re: contingency reserve

Hi Saket my take on this is simple. 1. to implement a risk response PM will need resources/time and this will impact other planned activities during that time hence a CR is needed. 2. even if the contingency reserve is available when you implement risk response the reserve will get reduced and this ...
by manishpn
Fri Aug 25, 2017 4:48 pm
Forum: PMP® Queries and Tips
Topic: Schedule Model
Replies: 2
Views: 598

Re: Schedule Model

Schedule model may need more than 1 project calendar to allow for different work periods. Does this mean that the project may have more than 1 project calendar (Working days and shifts of scheduled activities) ? Can you elaborate this ? Project will have on 1 project calendar during the duration of...
by manishpn
Wed Aug 23, 2017 5:52 pm
Forum: PMP® Open Forum
Topic: Key Perfomance Indicator (KPI), Exam Content Outline (June 2015)
Replies: 2
Views: 563

Re: Key Perfomance Indicator (KPI), Exam Content Outline (June 2015)

do you have any questions in this regards?
by manishpn
Wed Aug 23, 2017 5:33 pm
Forum: PMP® Open Forum
Topic: PMP Practice Questions
Replies: 1
Views: 396

Re: PMP Practice Questions

A prime contractor in a customer project under CPFF contract has run into unexpected technical problems. Fixing them will require a lot of additional work to be done. The company made a decision to book more staff and equipment from their subcontractors in order to adhere to the agreed timeline. Th...
by manishpn
Wed Aug 23, 2017 5:00 pm
Forum: PMP® Open Forum
Topic: PMP Practice Questions
Replies: 1
Views: 406

Re: PMP Practice Questions

by manishpn
Wed Aug 23, 2017 4:50 pm
Forum: PMP® Open Forum
Topic: PMP Practice Questions
Replies: 2
Views: 418

Re: PMP Practice Questions

In order to speed up a project, you made a decision to fast-track a phase currently performed with five team members, and another one which was planned to begin in four weeks time with another five team members. Which of the following activities should you do first? 1. Make sure that all exit crite...
by manishpn
Mon Aug 21, 2017 1:30 pm
Forum: PMP® Mock Exams Open Questions
Topic: tracebilty matrix QA
Replies: 5
Views: 983

Re: tracebilty matrix QA

nirajsys@gmail.com wrote:Manish,

Why is option D not considered as a correct answer. RTM also traces requirement s to objectives.

Pls clarify.


The questions asks us to identify option which highlights where RTM cannot be used :) please read it carefully its easy to make mistakes
by manishpn
Mon Aug 21, 2017 1:28 pm
Forum: PMP® Mock Exams Open Questions
Topic: tracebilty matrix QA
Replies: 5
Views: 983

Re: tracebilty matrix QA

rahul.kanugo wrote:Hi Thanks for reply but in Pmbok page no 119 Quote is mentioned where priority is also mentioned . Please comment


it captures Priority which is already decided when baselining the scope , but RTM does not itself help in prioritizing the requirements
by manishpn
Mon Aug 21, 2017 8:27 am
Forum: PMP® Open Forum
Topic: PMP Q&A clarification
Replies: 6
Views: 975

Re: PMP Q&A clarification

Pawanrec wrote:how we will differentiate Cost Plus Award Fee Contracts (CPAF) and Cost Plus Fixed Fee Contract (CPFF).
award fee and fixed fee gives same meaning what is the difference


Kindly post this in a new thread as it is not related to previous topic.
by manishpn
Sun Aug 20, 2017 5:49 pm
Forum: PMP® Queries and Tips
Topic: Human Resource MGMT Query on Formal vs On Job Training
Replies: 2
Views: 663

Re: Human Resource MGMT Query on Formal vs On Job Training

we discussed this on 19 aug clarification session
by manishpn
Sun Aug 20, 2017 5:49 pm
Forum: PMP® Queries and Tips
Topic: Clarification on Leadership & Management styles
Replies: 1
Views: 575

Re: Clarification on Leadership & Management styles

Hi Kavita , we discussed this during clarification session on 19 aug
by manishpn
Sun Aug 20, 2017 5:46 pm
Forum: PMP® Open Forum
Topic: Project Time Management
Replies: 7
Views: 1004

Re: Project Time Management

I am not sure if I understand your question correctly and how far you are with your PMP study. But I am guessing that you want to know how come Schedule Management Plan is an Input (or feeds in) to Project Management Plan. Project planning is an iterative process. Schedule management plan is one of...
by manishpn
Sun Aug 20, 2017 5:34 pm
Forum: PMP® Open Forum
Topic: Scope Management Mockups
Replies: 3
Views: 630

Re: Scope Management Mockups

I would like to know reasoning of Komal for selecting option #C
by manishpn
Sun Aug 20, 2017 5:28 pm
Forum: PMP® Mock Exams Open Questions
Topic: tracebilty matrix QA
Replies: 5
Views: 983

Re: tracebilty matrix QA

yes its completely justified, rtm primary objective is not help deciding priority but to trace back requirement from its origination to completion
by manishpn
Fri Aug 18, 2017 10:31 am
Forum: PMI-ACP® Exam Lessons – Success Stories
Topic: I passed PMI ACP on 17th Aug
Replies: 5
Views: 1622

Re: I passed PMI ACP on 17th Aug

Congratulations!!! great to know and thanks for sharing your journey and experience
by manishpn
Wed Aug 16, 2017 6:05 pm
Forum: PMP® Open Forum
Topic: Project Time Management
Replies: 7
Views: 1004

Re: Project Time Management

am not sure if I understand this question
by manishpn
Wed Aug 16, 2017 5:49 pm
Forum: PMP® Open Forum
Topic: PMI Registration
Replies: 2
Views: 338

Re: PMI Registration

Hi, I enrolled for PMP online course 3 days ago. I plan to take the PMP exam in about 3-4 months from now. I wish to know when I should register with PMI as a member. Thanks, Thiru Hi Thiru, its your choice when to register , usually it makes sense to register 2-3 months before your planned test s
by manishpn
Wed Aug 16, 2017 5:39 pm
Forum: PMP® Open Forum
Topic: Scope Management Mockups
Replies: 1
Views: 279

Re: Scope Management Mockups

What would be termed as conditions or capabilities that are to be met by project or present in the product or service, or result to satisfy an agreement or other formally imposed specification ? Acceptance criteria Contractual need Business case Requirements Please explain, my answer is Acceptance ...
by manishpn
Wed Aug 16, 2017 5:14 pm
Forum: PMP® Open Forum
Topic: PMP Q&A clarification
Replies: 6
Views: 975

Re: 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 chart...
by manishpn
Wed Aug 16, 2017 8:24 am
Forum: PMP® Open Forum
Topic: Scope Management Mockups
Replies: 3
Views: 630

Re: Scope Management Mockups

Can you provide the reasoning of why you choose option #c?
by manishpn
Wed Aug 16, 2017 8:23 am
Forum: PMP® Open Forum
Topic: Requirement documentation VS traceabilty matrix
Replies: 4
Views: 796

Re: Requirement documentation VS traceabilty matrix

Hi Experts I want to know what is the niche difference between Requirement documentation & tractability matrix. though both are used for collecting requirements from stakeholders . But what is the difference between two. Point wise reply will will be well appreciable. Thanks Requirement documen...
by manishpn
Tue Aug 15, 2017 8:51 am
Forum: PMP® Open Forum
Topic: Requirement documentation VS traceabilty matrix
Replies: 4
Views: 796

Re: Requirement documentation VS traceabilty matrix

Hi I missed this will respond to it today
by manishpn
Sun Aug 13, 2017 2:38 pm
Forum: PMP® Open Forum
Topic: Assumptions and Constraints
Replies: 1
Views: 477

Re: Assumptions and Constraints

In PMBOK page -124 described about Project Charter and Project Scope Statement, Assumption and Constraint is not the part of Project Charter but in PMBOK page no: 72 described project charter documents assumptions and constrain. there could be a question whether those are part of Project Charter in...
by manishpn
Wed Aug 09, 2017 9:17 am
Forum: PMP® Open Forum
Topic: Project Staatus
Replies: 16
Views: 1906

Re: Project Staatus

To pass PMP is difficult as the answers are debatable! I do n't know how the match with PMI-isms. Thanks. Dont really understand how this question is related to PMIsm. I guess you are thinking too much, based on your participation on forum, I believe you are understanding most of the topics/discuss...
by manishpn
Wed Aug 09, 2017 8:59 am
Forum: PMP® Open Forum
Topic: integration management Q&A
Replies: 6
Views: 887

Re: integration management Q&A

Justification is understandable but question has asked for least likely option. Phase end review rarely cancelled the project. Try to mitigate or change anything in terms of budget , scope or schedule etc. As I mentioned above Phase end review is also called kill point and that means a point to can...

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