The following PMP® exam sample question is taken from the Free PMP Exam Simulator (The answer is at the very bottom):
You have just been assigned as the project manager for an ongoing project in your company. You have…
Added by Cornelius Fichtner on October 25, 2013 at 3:21am —
The PMP Exam is mainly based on A Guide to the Project Management Body of Knowledge (PMBOK Guide). The most current version was published in 2012 and… Continue
Added by Cornelius Fichtner on October 23, 2013 at 9:00am —
The simple fact ignored by most accountants, general management and project managers is that cost is an output from the management process, and pretending cost is a manageable input is a recipe for disaster.
Profit is the difference between the price received for doing work and the cost of doing the work. If the work is accomplished satisfactorily for less then the price that will be paid for the work the surplus is profit. From the perspective of a project manager, profit is… Continue
Added by Patrick Weaver on October 22, 2013 at 10:54pm —
This week's featured lessons learned comes to us courtesy of Touhami Ghilani.
In this lessons learned Touhami Ghilani shared with us how he passed the PMP EXAM in 7 weeks of preparation (5 to 6 hours on average per day). Continue
A. Manage the preparation of passing the PMP as real project...
B. My project plan was scheduled on 2 periods of 4 weeks, and 1 period of 4
weeks of idle time...
C. My quality management plan...
To read about his…
Added by Cornelius Fichtner on October 22, 2013 at 10:24am —
Added by Dhan on October 22, 2013 at 6:30am —
Organisations are forever grappling with the demand of competing investments that give a varying range of benefits. How do they go about prioritising these? Most organisations use business cases as a means to filter out the projects that deserve funding from the ones that have little or no merit. This then introduces a secondary problem of spending a lot of resources on going through a business case, which will never see the light of day. How do you make sure weak business cases do not get… Continue
Added by Shoaib Ahmed on October 21, 2013 at 4:21am —
Free eBook for those preparing for the PMP Exam: The Short Guide to Becoming a PMP Continue
If you want to study for the PMP Exam but don't know where to start. This Guide will help you big time!
Check this out: www.pm-prepcast.com/shortguide.
Guess what?! You can…
Added by Cornelius Fichtner on October 18, 2013 at 10:23am —
Maintaining an office premises calls for heavy monetary investment as well as engages a number of employees and officials in doing nonproductive tasks.… Continue
Added by Sharon ProofHub on October 18, 2013 at 2:17am —
This week's featured lessons learned comes to us courtesy of Chris Mielke. Continue
In this lesson learned Chris Mielke read the following books that helped him passed the PMP exam:
- A Guide to the Project Management Body of Knowledge: PMBOK(R) Guide
- Head First PMP: A Brain-Friendly Guide to Passing the Project Management Professional Exam
- PMP Exam Prep, Eighth Edition: Rita's Course in a Book for Passing the PMP Exam
To read about more of his complete…
Added by Cornelius Fichtner on October 17, 2013 at 7:59pm —
Are you a certified Project Management Professional (PMP)®, Program Management Professional (PgMP)®, or PMI Agile Certified Practitioner (PMI-ACP)® in need of Professional Development Units (PDUs)? Then use The Agile PrepCast™ and earn 37 PDUs. Continue
The Agile PrepCast is a PMI-ACP Exam prep video workshop that you download to your smart phone, tablet, or computer. This means you can watch the lessons anywhere, anytime, and at your own convenience. With The Agile PrepCast there is no need…
Added by Cornelius Fichtner on October 16, 2013 at 11:04am —
Only fools and the bankers who created the GFC think the future is absolutely predictable. The rest of know there is always a degree of uncertainty in any prediction about what may happen at some point in the future. The key question is either what degree of uncertainty, or in project management space what is the probability of achieving a predetermined time or cost commitment.
There are essentially three ways to deal with this uncertainty:
Option one is to hope the… Continue
Added by Patrick Weaver on October 13, 2013 at 5:51am —
Every Friday we present to you a free item for your PMP Exam Preparation.
This Friday, we bring you The PM PrepCast for Free!
Try this out and and you'll get free resources in the Project Management Professional (PMP)® Exam Prep like the 4 free sample videos from The PM PrepCast (each in high-res and low-res), Over 15 PMP® Exam Tips Videos, Free…
Added by Cornelius Fichtner on October 12, 2013 at 9:45am —
After several intense and hard weeks of study and preparations, you are now ready to take on the… Continue
Added by Cornelius Fichtner on October 11, 2013 at 6:03am —
This week's featured lessons learned comes to us courtesy of Jayaharan C J, PMP. Continue
In this lesson learned Jayaharan C J, PMP shares with us his experiences and tips in passing the PMP exam
A. Time is the essence : The exam offers 4 hours (240 minutes) for 200 questions which goes past in a wiz even if you have prepared thoroughly.so the shortcut to...,
B. Understand the verticals and horizontals of PMPG and KAM: You should not only understand the 42 processes…
Added by Cornelius Fichtner on October 9, 2013 at 1:00am —
Every Friday we present to you a free item for your PMI Exam Preparation.
For this Friday, we are offering you the Free version of the Agile PrepCast. This free version of the Agile PrepCast gives you access to nearly 4.5 hours of free training for the PMI-ACP exam.
Check this out now and prepare for your exam the Agile way!…
Added by Cornelius Fichtner on October 5, 2013 at 8:58am —
This week's featured lessons learned comes to us courtesy of Liszt Tann. In this lesson learned Liszt Tann will share with us some of her studying tactics that made her succeed in the PMP exam. Continue
1. Made flashcards for all ITTO's, took these with me everywhere and reviewed during down time.
2. Made sure to take all 9 practice tests in the PM Simulator and review…
Added by Cornelius Fichtner on October 4, 2013 at 8:44am —
It took Kevin Reilly nearly 3 times longer than he expected to study for his Project Management Professional (PMP)® exam. “I estimated 120 hours and it took me 320,” he said, in an interview with Cornelius Fichtner, host of The Project Management Podcast at www.pm-podcast.com. “I’m a pretty detail-oriented guy so I don’t think it would take everyone 320 hours to study. But of course, everyone’s an individual so you have to determine… Continue
Added by Cornelius Fichtner on October 3, 2013 at 9:31am —
We are extending our offer! Buy the PrepCast within the month of October 2013 and still get the $18 discount. Instead of paying the regular price of $179.99, you can get The PM Prepcast for just $161.99. This offer is good from October 1-31, 2013 only. Continue
Details on how to redeem this great deal is on thispage:
Until Next Time,
Cornelius Fichtner, PMP
President, OSP International LLC…
Added by Cornelius Fichtner on October 2, 2013 at 3:56am —
The following PMP® exam sample question is taken from the Free PMP Exam Simulator (The answer is at the very bottom):…
Added by Cornelius Fichtner on September 30, 2013 at 6:56am —
“All projects are equal but some are more equal than others (or was that animals?)!”
In reality each project is uniquely different and therefore project management cannot be a one-size-fits-all process or discipline. The PMBOK® Guide makes this clear in Chapter 1.
There are at least 4 dimensions of a project:
- Its inherent size usually measured in terms of…
Added by Patrick Weaver on September 30, 2013 at 3:43am —