Search found 460 matches

by jyotimayank
Tue Mar 31, 2015 6:33 am
Forum: PMP® Open Forum
Topic: Diagramming method and FS and few other qts
Replies: 4
Views: 1549

Re: Diagramming method and FS and few other qts

Answer 1: Making Project schedule using precedence Diagram Method (PDM) includes four types of dependencies or logical relationships. Many PMP® aspirants find Finish to start (FS) relationship easy to understand and practice with, but other three confuses them a bit. For better understanding of this...
by jyotimayank
Tue Mar 31, 2015 6:14 am
Forum: PMP® Open Forum
Topic: Project Life cycles
Replies: 2
Views: 1253

Re: Project Life cycles

Hi asty1234
In addition to the blog you can go through following video for better understanding of this topic
https://www.youtube.com/watch?feature=p ... wt0nkDs_MI
OR
viewtopic.php?f=19&t=856

Thanks
by jyotimayank
Fri Mar 27, 2015 5:25 am
Forum: PMP® Open Forum
Topic: project selection
Replies: 12
Views: 3703

Re: project selection

Let me explain the calculation part Project A Investment 100000 Return rate 60000 per year so Payback period is 1 Year 8 months (or 100000/5000=20 months) Project B Investment 200000 Return rate 96000 per year so Payback period is 2 Years 1 month (200000/8000= 25 months) Project C Investment 100000 ...
by jyotimayank
Thu Mar 26, 2015 9:18 am
Forum: PMP® Exam Lessons – Success Stories
Topic: PMP certified on 25th March 2015
Replies: 9
Views: 2538

Re: PMP certified on 25th March 2015

Congratulations!! stay connected and here is the blog on PDUs
http://www.izenbridge.com/blog/how-to-e ... fications/
by jyotimayank
Wed Mar 25, 2015 8:54 am
Forum: PMP® Queries and Tips
Topic: Validate scope - output
Replies: 4
Views: 3109

Re: Validate scope - output

Hi
Change request cover all corrective and preventive actions and Defect repair is a part of change request. Refer to page 85 of PMBOK 5th edition.

Thanks
by jyotimayank
Mon Mar 23, 2015 4:46 am
Forum: PMP® Open Forum
Topic: communication channels
Replies: 5
Views: 1513

Re: communication channels

Hi Nandita This is the simplified formula, I cannot simply it any further. In case you find it difficult, follow these steps Multiply the value of C(total number of communication channels) by 2. Then factorize it in such a way that the difference between two numbers is one. Greater of the 2 numbers ...
by jyotimayank
Thu Mar 19, 2015 6:46 am
Forum: PMP® Open Forum
Topic: communication channels
Replies: 5
Views: 1513

Re: communication channels

Yes Nandita. Suppose question says there are total 10 communication channels find the total number of stakeholders Put the value of C=10 in the equation It will be n^2 - n - 20 = 0 n^2 - 5n +4n -20 =0 (factorize 20 in such a way that you get a difference of 1) n(n-5)+ 4(n-5) =0 (n-5)(n+4)=0 either n...
by jyotimayank
Thu Mar 19, 2015 5:55 am
Forum: PMP® Open Forum
Topic: communication channels
Replies: 5
Views: 1513

Re: communication channels

Hi Nandita,
The formula to calculate total no. of communication channels is

C=n(n-1)/2 where n is total no. of stakeholders.
If we know the value of C we will get a quadratic equation
n^2 - n - 2C=0

Solving this equation you can calculate the value of n.
Thanks,
Jyoti
by jyotimayank
Wed Mar 11, 2015 8:40 am
Forum: PMP® Exam Lessons – Success Stories
Topic: Cleared PMP exam on 9th Mar
Replies: 7
Views: 3130

Re: Cleared PMP exam on 9th Mar

Congratulations!! and do stay connected, via this forum and our regular web events.
by jyotimayank
Mon Mar 09, 2015 6:55 am
Forum: PMP® Open Forum
Topic: identifying project stakeholders
Replies: 1
Views: 1299

Re: identifying project stakeholders

Option C is the correct answer. In case of external customer, contract becomes mandatory. Procurement documents are required as an input in Identify stakeholders process to generate Stakeholder Register only in case of external customer, it is an input but not a mandatory input.

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