Search found 1826 matches

by manishpn
Sat Aug 11, 2018 2:19 pm
Forum: PMP® Queries and Tips
Topic: WBS
Replies: 1
Views: 111

Re: WBS

Hi Manish, Can you help me finding the right answer to this one along with a reason- You are decomposing your WBS into smaller pieces of work. What is one item that does NOT describe how far the work should be decomposed? A. Until it can be realistically estimated B. Can’t be subdivided any further...
by manishpn
Sat Aug 11, 2018 2:13 pm
Forum: PMP® Queries and Tips
Topic: Stakeholder Engagement
Replies: 1
Views: 129

Re: Stakeholder Engagement

Please help me with the answer- Jane is managing an office refurbishment project. All of the project stakeholders have been identified and classified. The stakeholder management plan has also been approved. Jane is managing a project for the first time in her life and she is relying on the PMBOK gu...
by manishpn
Sat Aug 11, 2018 2:07 pm
Forum: PMP® Queries and Tips
Topic: Contracts
Replies: 1
Views: 88

Re: Contracts

What similarity exists between a cost-reimbursable contract and a time and material contract? A. They are open ended . B. The closure date is part of the contract. C. They have fixed bonus rates. D. They can never grow in value. Can you please explain what are open ended contracts in reference to o...
by manishpn
Sat Aug 11, 2018 1:54 pm
Forum: PMP® Queries and Tips
Topic: Resource Mgmt
Replies: 3
Views: 192

Re: Resource Mgmt

This is not izenbridge question. By Human Resource Mgmt Plan in question we mean 'Resource Mgmt Plan' as the name has been modified now. By your reply it seems option 1 should be the correct answer of this question- option 1nd 2 both are correct HR plan specified how resources will be utilized . - ...
by manishpn
Sat Aug 11, 2018 1:51 pm
Forum: PMP® Queries and Tips
Topic: Project Funding Requirements
Replies: 1
Views: 119

Re: Project Funding Requirements

Which of the following statements are FALSE regarding project funding requirements? A. Funding requirements are derived from cost baselines B. Portions of management reserve can be include in each funding step C. The total funds required are the cost baseline plus the management contingency reserve...
by manishpn
Fri Aug 10, 2018 8:16 am
Forum: PMP® Exam Lessons – Success Stories
Topic: Passed PMP - First Attempt - around 50 Days Study !
Replies: 2
Views: 552

Re: Passed PMP - First Attempt - around 50 Days Study !

Congratulations and well deserved, w.r.t our Mocks : First Mock is intended to be on tougher side to ensure that our students are well prepared. Also note that PMI keeps changing its exam question pattern every few months , some months before questions were very lengthy and same can happen in future...
by manishpn
Thu Aug 09, 2018 12:25 pm
Forum: PMP® Queries and Tips
Topic: Project phases
Replies: 3
Views: 313

Re: Project phases

I would disagree with that statement, phases can overlap
by manishpn
Tue Aug 07, 2018 6:31 pm
Forum: PMP® Queries and Tips
Topic: Cost Mgmt
Replies: 2
Views: 151

Re: Cost Mgmt

Hi Manish, I need your assistance in reference to this question- _______ are not necessarily used to establish the cost baseline of a project. o Schedule activity or work package cost estimates o The work breakdown structure and WBS dictionary o The project schedule and resource calendars. o The ri...
by manishpn
Tue Aug 07, 2018 6:23 pm
Forum: PMP® Queries and Tips
Topic: Cost Mgmt
Replies: 2
Views: 151

Re: Cost Mgmt

Hi Manish, I need your assistance in reference to this question- _______ are not necessarily used to establish the cost baseline of a project. o Schedule activity or work package cost estimates o The work breakdown structure and WBS dictionary o The project schedule and resource calendars. o The ri...
by manishpn
Tue Aug 07, 2018 5:55 pm
Forum: PMP® Queries and Tips
Topic: PERT
Replies: 1
Views: 103

Re: PERT

This question from Oliver is quiet controversial, I am not an expert in statistics but us has been debated a lot. Since almost all Math questions in exam are nowadays very simple you should not spend a lot of time on such questions Data given is P = O for Activity 1 is 18 & Activity 2 is 24. let...
by manishpn
Tue Aug 07, 2018 5:32 pm
Forum: PMP® Queries and Tips
Topic: EVM
Replies: 1
Views: 125

Re: EVM

typical variance
ETC = Work remaining / Cost performance indicator

ETC = (BAC – EV) / CPI
= 1000000/0.833
= 1200000

EAC = AC + EAC
= 120000+120000
by manishpn
Tue Aug 07, 2018 5:01 pm
Forum: PMP® Queries and Tips
Topic: Project phases
Replies: 3
Views: 313

Re: Project phases

what mock are your referring to ?
by manishpn
Mon Aug 06, 2018 11:00 am
Forum: PMP® Queries and Tips
Topic: Project management audit
Replies: 4
Views: 535

Re: Project management audit

ok so does this solve your query?
by manishpn
Fri Aug 03, 2018 6:37 pm
Forum: PMP® Open Forum
Topic: Fast Tracking
Replies: 8
Views: 1880

Re: Fast Tracking

Questions without a logic does not come in Exam,

look at crashing definition in PMBOK, its a schedule shortening technique,

I would not spend time on such questions which are of not good quality
by manishpn
Fri Aug 03, 2018 6:35 pm
Forum: PMP® Queries and Tips
Topic: Project management audit
Replies: 4
Views: 535

Re: Project management audit

to be honest I do not understand the question and its quality. I think maybe question asks which option is not true. What is the source and what is the explanation provided for option C Hi Manish, Can you please explain why option A cannot be correct in this case? The Project Management Office (PMO)...
by manishpn
Sun Jul 29, 2018 6:25 pm
Forum: PMP® Queries and Tips
Topic: Stakeholder Mgmt
Replies: 1
Views: 234

Re: Stakeholder Mgmt

you are correct, is this izenbridge question then it has to be rectified
by manishpn
Sun Jul 29, 2018 6:24 pm
Forum: PMP® Queries and Tips
Topic: Resource Mgmt
Replies: 3
Views: 192

Re: Resource Mgmt

we dont have human resource management plan anymore n PMBOK6

resource management plan mentions how resources in the project will be estimated, acquired, managed and used/utilized.

if this is Izenbridge question it has to be rectified
by manishpn
Sun Jul 29, 2018 6:19 pm
Forum: PMP® Queries and Tips
Topic: Procurement Mgmt
Replies: 1
Views: 188

Re: Procurement Mgmt

Why does a project procure? Sometimes to make it faster (Schedule) If project lacks competence to deliver a certain part of project (Scope) and also it is done sometimes if the budget is constrained and PM needs to look at cheaper alternatives (Budget) So procurement may be done for all above 3 reas...
by manishpn
Sun Jul 29, 2018 6:15 pm
Forum: PMP® Queries and Tips
Topic: Scope validation
Replies: 1
Views: 226

Re: Scope validation

not sure what the issues is?
Project is not run for any individuals satisfaction, satisfaction i subjective,
The deliverable have to be compared to tangible project requirements
by manishpn
Sun Jul 29, 2018 6:13 pm
Forum: PMP® Exam Lessons – Success Stories
Topic: Hurray...!! Finally passed PMP exam on 29/07/2018 ..!
Replies: 3
Views: 469

Re: Hurray...!! Finally passed PMP exam on 29/07/2018 ..!

congratulations on your success, enjoy it

How many questions did you find on Agile and on trends.
by manishpn
Wed Jul 25, 2018 10:12 am
Forum: PMP® Open Forum
Topic: Closing Process Group Question
Replies: 4
Views: 961

Re: Closing Process Group Question

Please let me know the correct order/steps in the closing process. As per one website, the order is: 1. Confirm that all the requirements have been met as per the PMP 2. Close Procurements. Within this process, multiple action are involved such as: 2.a. Verify the product. 2.b. Issue formal accepta...
by manishpn
Wed Jul 25, 2018 10:04 am
Forum: PMP® Open Forum
Topic: Fast Tracking
Replies: 8
Views: 1880

Re: Fast Tracking

crashing is also done to compress the schedule, so i would not spend more time on such questions
by manishpn
Wed Jul 18, 2018 3:38 pm
Forum: PMP® Queries and Tips
Topic: EVM Question
Replies: 1
Views: 485

Re: EVM Question

they have used AC + (BAC - EV) formula, used when variance is atypical
however as thumb rule if nothing is explicitly mentioned we should assume variance is typical
by manishpn
Wed Jul 18, 2018 3:28 pm
Forum: PMP® Queries and Tips
Topic: Sample template for Request for proposal
Replies: 1
Views: 247

Re: Sample template for Request for proposal

RFP document can range from few pages to several depending on the scope of the WOrk to be bought.
What kind of template are you looking for?
by manishpn
Wed Jul 18, 2018 2:33 pm
Forum: PMP® Open Forum
Topic: Fast Tracking
Replies: 8
Views: 1880

Re: Fast Tracking

the question makes little sense to me, unless maybe I am missing something.

If the network diagram cannot be changed , no technique can be useful as resource leveling or compression technique will eventually optimize/change the plan
by manishpn
Wed Jul 18, 2018 2:23 pm
Forum: PMP® Open Forum
Topic: plan stakeholder engagement
Replies: 4
Views: 563

Re: plan stakeholder engagement

if I Have to choose best options, it would be A, creating and maintaining relationship with stakeholder is important, option C wont be possible if you dont have good working relation with the stakeholders
by manishpn
Mon Jul 16, 2018 12:46 pm
Forum: PMP® Queries and Tips
Topic: Change mgmt
Replies: 1
Views: 257

Re: Change mgmt

the statement says typically and not always, so as a thumb rule if the change is not impacting baseline it can skip CCB, however PM still need to do holistic impact analysis of the change
by manishpn
Mon Jul 09, 2018 8:03 pm
Forum: PMP® Open Forum
Topic: PMP Agile guide & final exam
Replies: 1
Views: 290

Re: PMP Agile guide & final exam

Understanding of Agile related adaption and tailoring for each knowledge area is needed, Agile guide is a good to read if you have time,
by manishpn
Mon Jul 09, 2018 5:00 pm
Forum: PMP® Open Forum
Topic: plan stakeholder engagement
Replies: 4
Views: 563

Re: plan stakeholder engagement

if you need faster response post in exclusive section I would suggest you refer to PMBOK6 based questions , Based on options provided first 3 are true, to certain extent, option B is also subset of the overall stakeholder engagement strategy though Project does not only focus on negative stakeholder...
by manishpn
Mon Jul 02, 2018 2:36 pm
Forum: PMP® Open Forum
Topic: Contract Type - CPIF or CPAF?
Replies: 1
Views: 386

Re: Contract Type - CPIF or CPAF?

Incentive is based on an objective criteria like if you deliver 5% under budget you will get 1% bonus, etc
Award is subjective and is usually at discretion of Buyer, you will get 1% bonus if you deliver with professionalism, now how do you define professionalism? it is subjetive
by manishpn
Sat Jun 30, 2018 7:07 pm
Forum: PMP® Open Forum
Topic: What's in Agreement Vs SOW?
Replies: 2
Views: 432

Re: What's in Agreement Vs SOW?

refer to 12.2.3.2

Agreement is the signed contract and will include SOW.

Agreement contains much more than just SOW
by manishpn
Sat Jun 30, 2018 6:59 pm
Forum: PMP® Queries and Tips
Topic: Risk Management
Replies: 3
Views: 495

Re: Risk Management

I would give such questions a pass, its not worth spending time on
by manishpn
Thu Jun 28, 2018 8:38 pm
Forum: PMP® Open Forum
Topic: Contract Type and Risk
Replies: 12
Views: 3067

Re: Contract Type and Risk

if its a new question post in separate thread,
by manishpn
Wed Jun 27, 2018 7:47 pm
Forum: PMP® Open Forum
Topic: Change Control Tool Question - Please help for Clarification
Replies: 2
Views: 434

Re: Change Control Tool Question - Please help for Clarification

Dear All, Question form PMtraining. 6. Change control tool selection should be based on the needs of the project stakeholders, including organizational and environmental considerations and/or constraints. Which of the following is not a key change management consideration while selecting an appropr...
by manishpn
Sat Jun 23, 2018 2:43 pm
Forum: PMP® Queries and Tips
Topic: Control charts
Replies: 1
Views: 357

Re: Control charts

such complicated level of questions are not normal

however if you are interested more then refer to

https://www.spcforexcel.com/knowledge/c ... rpretation

the question is describing Rule #2 mentioned in the link above
by manishpn
Sat Jun 23, 2018 2:37 pm
Forum: PMP® Queries and Tips
Topic: PMI member
Replies: 1
Views: 358

Re: PMI member

https://www.pmi.org/membership for benefits

Izenbridge provides PMBOK based full length mocks and practice tests
by manishpn
Sat Jun 23, 2018 2:35 pm
Forum: PMP® Queries and Tips
Topic: Closing a contract
Replies: 1
Views: 238

Re: Closing a contract

Hi, I am looking to get some more clarity on Close procurement (output of control procurement) and Closing a process or Phase/ Contract how are they different in terms of a contract? Close Project or Phase is the process of finalizing all activities for the project, phase, or contract . Contract ge...
by manishpn
Sat Jun 23, 2018 1:15 pm
Forum: PMP® Queries and Tips
Topic: Network Diagram
Replies: 1
Views: 258

Re: Network Diagram

We always recommend that you draw your own SND based on the information provided and upload the image , we can discuss it later.
by manishpn
Sat Jun 23, 2018 1:14 pm
Forum: PMP® Queries and Tips
Topic: Risk Management
Replies: 3
Views: 495

Re: Risk Management

what is the sources, share the explanation they have provided for option #2,
by manishpn
Sat Jun 23, 2018 1:12 pm
Forum: PMP® Queries and Tips
Topic: Identify Stakeholders
Replies: 1
Views: 204

Re: Identify Stakeholders

Hi, Question: Which of the following is NOT a valid input for the Identify Stakeholders process? Choice 1. Enterprise environmental factors Choice 2. Procurement documents Choice 3. Project scope statement Choice 4. Project charter Correct Choice: 3 The project scope statement is not created until ...
by manishpn
Mon Jun 18, 2018 10:05 am
Forum: PMP® Open Forum
Topic: Identify Risk Query
Replies: 8
Views: 1307

Re: Identify Risk Query

there is no guideline on not to include Sponsor,

PM can and should involve all right stakeholders for risk identification
by manishpn
Mon Jun 18, 2018 10:04 am
Forum: PMP® Queries and Tips
Topic: Procurement
Replies: 3
Views: 550

Re: Procurement

Hi, Can you check the steps of conducting Procurement and let me know if they are correct- Buyer gives the Advertisement -> Buyer receive sellers response -> If buyer needs more info from Sellers on goods & services to be acquired buyer sends RFI -> Seller submits the requested info. if seller ...
by manishpn
Wed Jun 06, 2018 9:14 pm
Forum: PMP® Queries and Tips
Topic: Closing
Replies: 1
Views: 418

Re: Closing

Just wondering if all the tasks mentioned under specific process groups Content Outline are performed in EXACT SEQUENCE , No they are not sequential , PMI RDS does not say that either as they are mentioned..In real world things may go in parallel as well. Should I stick to this given sequence from ...
by manishpn
Wed Jun 06, 2018 9:05 pm
Forum: PMP® Queries and Tips
Topic: Code of Professional Conduct
Replies: 1
Views: 335

Re: Code of Professional Conduct

read PMI code of conduct ' Globalization has brought economies closer together but has caused a realization that our practice of ethics may differ from culture to culture' PM should always be sensitive to local culture , so when question is talking about a different region, local vs foreign PM shoul...
by manishpn
Sun Jun 03, 2018 9:21 am
Forum: PMP® Queries and Tips
Topic: Question
Replies: 1
Views: 285

Re: Question

Which of the following processes must be carried out first after completing first phase and before moving to next phase? Identify stakeholders Define Scope Develop project Mgmt plan Develop Project Charter Can you help me with this answer along with explanation. At every phase we perform P-D-C-A. I...
by manishpn
Thu May 31, 2018 10:53 am
Forum: PMP® Open Forum
Topic: Which Mock exam should I give as last one, to assess my exam prep. , if my PMP exam is scheduled after 10 days
Replies: 6
Views: 577

Re: Which Mock exam should I give as last one, to assess my exam prep. , if my PMP exam is scheduled after 10 days

Expert on PMP, not on how the questions of other providers are framed.
I can guide you on PMP topics and on Izenbridge Mocks
by manishpn
Wed May 30, 2018 8:50 pm
Forum: PMP® Queries and Tips
Topic: EAC question
Replies: 1
Views: 271

Re: EAC question

Using Excel Sheet I get same answers for both
EV 200000.00
AC 210000.00
BAC 375000.00
SPI 1.05
CPI 0.95

ETC 393750.00

BAC - EV/CPI 183750.00
393750.00

Go to advanced search