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February 2013 Blog Posts (21)

Free PMP Exam Sample Question

The following PMP® exam sample question is taken from the Free PMP Exam Simulator:



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You are performing Earned Value Management on your project. The Cost Performance Baseline in Earned Value Management is also a part of:



A.) Cost Estimating Baseline

B.) Performance Measurement Baseline

C.) Cost Measurement Baseline

D.) Budget Baseline



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Hint: The keyword to look here is…

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Added by Cornelius Fichtner on February 26, 2013 at 9:14am — No Comments

PMP Exam Tip: Questions & Answers for the PMP Exam is now available for download!

The Questions & Answers for the Project Management Professional (PMP)® Exam is now available for download at http://traffic.libsyn.com/pmpodcast/PMP_Exam_Q_and_A.pdf



If you are already a subscriber of The Free PM PrepCast, you will get this for free together…

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Added by Cornelius Fichtner on February 21, 2013 at 6:38am — No Comments

5 Project Management Reflections on Novopay

I have been reading some analysis of the Novopay saga – some in project management domain, others in the media. Those in New Zealand will have seen the project on the news every week for the wrong reasons. For those outside New Zealand, it is the payroll system to pay 110,000 teachers in New Zealand that has been re-developed from an older…

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Added by Shoaib Ahmed on February 20, 2013 at 10:30pm — No Comments

Free PMP Exam Sample Question

The following PMP® exam sample question is taken from the Free PMP Exam Simulator:



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During requirements collection, a selected group of experts have been asked to complete questionnaires and provide feedback regarding the responses collected during each round of requirements gathering. This technique is popularly known as?



A.) Delphi Technique

B.) Nominal Group Technique

C.) Idea/Mind Mapping

D.) Affinity…

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Added by Cornelius Fichtner on February 19, 2013 at 1:51am — No Comments

PMBOK Fifth Edition Preview & Changes

Here's the abstract for a presentation/conference call that I did on 7 FEB 2013.

During the last week of December, 2012, the Project Management Institute released the fifth edition of the Guide to the Project Management Body of Knowledge, also called the PMBoK Guide. On July 31, 2013, the PMBoK Guide fifth edition will become the basis for the Project Management Professional or PMP exam. Over its lifetime, the PMBoK Guide receives updates every few years. The fifth edition contains…

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Added by Dana Safford on February 18, 2013 at 10:00pm — 1 Comment

Free PrepCast Video on YouTube - Introduction to The Project Management PrepCast

This video is an introduction to The Project Management PrepCast™. In this episode we give you an overview of the program by discussing the five Ws : What is the The Project Management PrepCast™? Why should you listen to it? Who is the host of the program? When can I start? How do you subscribe to the program? (OK... technically, that's not a W... http://bit.ly/TbtfcC



This video is only available this weekend so don't wait too long…

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Added by Cornelius Fichtner on February 16, 2013 at 5:03am — No Comments

PMP Exam Tip: The PMP Exam Changes in 2013. Here’s What You Need to Know.

The PMP Exam changes on July 31, 2013. With the release of PMBOK® Guide 5th Edition, has consequences for anyone who is preparing for (or thinking about preparing for) the Project Management Professional (PMP)® exam.



Cornelius has recommendations about the changes. Know more about this

at: http://bit.ly/Uadto9



Best Regards,

Yolanda Mabutas

OSP International LLC -…

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Added by Cornelius Fichtner on February 15, 2013 at 1:00am — No Comments

Free PMP Exam Sample Question

The following PMP® exam sample question is taken from the Free PMP Exam Simulator:



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You planned for Contingency Reserves for your office building construction project and used contingency plans to control risks. However, your attempts to control project risks were not effective. What is the next step you should take?



A.) Use a Fallback Plan.

B.) Escalate to the project team.

C.) Perform the Plan Risk Responses process…

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Added by Cornelius Fichtner on February 14, 2013 at 5:12am — No Comments

Project Progress Tracking With Statistical Process Control: Early warning of a late finish

This post is to present and discuss Project Progress Charting using principles of statistical process control for managing time-critical projects that simply "must" finish as planned. The progress chart compares actual progress to planned progress as does EVM tracking, but unlike EVM tracking, Progress charts also provide early warning of a likely late finish.

The Project Management Control Chart distinguishes between minor schedule slips and problems that call for serious…

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Added by Marty Schmidt on February 14, 2013 at 5:08am — No Comments

Project Progress Tracking With Statistical Process Control: Early warning of a late finish

This post is to present and discuss Project Progress Charting using principles of statistical process control for managing time-critical projects that simply "must" finish as planned. The progress chart compares actual progress to planned progress as does EVM tracking, but unlike EVM tracking, Progress charts also provide early warning of a likely late finish.

The Project Management Control Chart distinguishes between minor schedule slips and problems that call for serious…

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Added by Marty Schmidt on February 13, 2013 at 11:30am — No Comments

TOP 15 Emerging Technologies

Research firm Forrester understands that everyone who’s been listening with even one ear knows that mobile, social, cloud, and data are big freight trains of change that are blowing up old business models and old business practices.

TOP 15 Emerging Technologies are in four groups:

End user computing technologies

1.Next-generation devices and UIs

New sensors and new user interfaces. Think Leap Motion

2.Advanced…

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Added by Sujeet Katiyar on February 12, 2013 at 9:58pm — No Comments

The PMP Exam Changes in 2013. Here’s What You Need to Know.

The fifth edition of A Guide to the Project Management Body of Knowledge: (PMBOK® Guide) was published in December of 2012. It is the latest edition of this global project management standard published by the Project Management Institute (PMI)®. The release of this new edition has consequences for anyone who is preparing for (or thinking about preparing for) the Project Management Professional (PMP)® exam.



In a nutshell: On July 31st 2013 the …

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Added by Cornelius Fichtner on February 12, 2013 at 9:00am — No Comments

Cape to Rio - Project Managed

Project Management is a skill that can be taken into the "real" world 

Take for example the 2014 Cape to Rio Yacht Race with 325 days to the start we have already got a defined time line. with start and finish deadlines.…

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Added by Adrian Lamond on February 12, 2013 at 4:48am — No Comments

Terminology & Risk

Every now and then I think it is important to look at the basics of project management as a refresher so that we don’t fall into ruts that eventually hurt our effectiveness as project managers.



One common problem I see in project status reports is incorrect terminology, particularly around Risks and Responses. Often project managers misuse the term “Mitigation” when they should use the term Risk Response Strategy. A Risk Response Strategy describes how the project team is going…

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Added by Rocket Williams on February 11, 2013 at 5:11pm — 2 Comments

Competing with cheap opposition

The saying if you pay peanuts, you get monkeys used to be quite a true one. In traditional business models where all suppliers came from the same market that extended to projects as well. Today services are not necessarily procured from the market they are delivered. Competition is much wide ranging to different countries and even continents. Exchange rates can…

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Added by Shoaib Ahmed on February 10, 2013 at 8:41pm — No Comments

Free PMP Exam Sample Question

The following PMP® exam sample question is taken from the Free PMP Exam Simulator:



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The critical path can be determined by which of the following techniques?



A.) AOA

B.) AON

C.) PDM

D.) All of the above



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Hint: AON and PDM are the same thing.



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All our questions are updated to the latest PMBOK® Guide standard. Stop by at…

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Added by Cornelius Fichtner on February 5, 2013 at 3:09am — No Comments

The Planner as a Leader

The power of a written plan to influence outcomes cannot be underestimated. This works at the personal level and the business level. The only requirement is the people involved in making the plans happen need to be committed to the planned outcome.

 

If in doubt, the HARVARD STUDY Evidence that writing down your goals works should convince you:

 

Students in the 1979 Harvard MBA program were asked: ‘Have you set and…

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Added by Patrick Weaver on February 4, 2013 at 8:26pm — No Comments

Mistakes You are Making on LinkedIn

1. You give only because you expect to receive.

Connect with people on LinkedIn and you can write a recommendation that gets displayed on their profiles.

That’s awesome, unless you’re only giving recommendations because you want one in return. Then it’s tacky.

For example, say you’re a plumber. A pipe burst and we call you at three in the morning. You immediately rush over, fix the leak, and save us from inadvertently converting our basement…
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Added by Sujeet Katiyar on February 3, 2013 at 8:06am — No Comments

Cloud Computing

Cloud Computing is the delivery of computing as a service rather than a product, whereby shared resources, software, and information are provided to computers and other devices as a utility over the Internet.  As a metaphor for the Internet, “the cloud” is a familiar cliché, but when combined with “computing,” the meaning gets bigger and fuzzier. Some analysts and vendors define cloud computing narrowly as an updated version of utility…

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Added by Sujeet Katiyar on February 3, 2013 at 8:03am — No Comments

Project management lessons learned from a vacation

After nearly a two month hiatus in blog posts, it is time to jump back on the horse. In that time, I have spent five weeks on vacation and either side of it two and a bit weeks in doing handover and picking the work back again. I thought it would be useful to share lessons I learned from this exercise.

Re-posted from my blog Project Management in Practice.…

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Added by Shoaib Ahmed on February 1, 2013 at 9:25pm — No Comments

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