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March 2012 Blog Posts (19)

PMP Exam Tip - Taking Sample Exams Helps You Prepare for the PMP Exam

One of the most important activities for your PMP Exam Prep is to take mock exams. Be sure that you do this only after reading the PMBOK® Guide at least once. Also remember that failing mock quizzes does not mean you will fail the PMP exam. Online sample exams should be used as a progress indicator in your preparation. Nothing more.



Most students tell me that they repeated their sample exams again and again…

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Added by Cornelius Fichtner on March 29, 2012 at 10:14am — No Comments

PMI and the PMP Exam to Construction Professionals

Hi All,



I was recently interviewed on the Construction Industry Podcast and asked to introduce PMI and the PMP exam to construction professionals. Cesar Abeid, the host of the show is himself PMP certified and one of my students. We discuss the following topics:

  • What is the PMI?
  • What are the benefits of PMI membership?
  • What are the PMI certifications?
  • What are the benefits of the PMP certification?
  • How has the PMP…
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Added by Cornelius Fichtner on March 29, 2012 at 3:53am — No Comments

When does a project start and end?

There seems to be an attempt by many senior managers to make their project managers responsible for all aspects of a project from understanding the business need through to realizing the benefits years after the project has finished. Whilst this can seem a very effective ‘buck passing’ to blame someone else for another’s failure, it is hardly fair or reasonable and is highly detrimental to the organisation.

PMI and the new ISO21500 have the view a project starts when it is officially…

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Added by Patrick Weaver on March 26, 2012 at 8:59pm — No Comments

Free PMP Exam Sample Question

The following PMP® exam sample question is taken from the Free PMP Exam Simulator at http://free.pm-exam-simulator.com - The answer is at the very bottom:



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Activity / Duration / Predecessor

A / 2 / Start

B / 4 / A,E

C / 6 / A

D / 3 / B,C

E / 7 / Start

F / 2 / E



What is the duration of the critical path?

A.) 11

B.) 14

C.) 9

D.)…

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Added by Cornelius Fichtner on March 24, 2012 at 6:49am — No Comments

PMP Exam Tip - Always use the PMBOK Guides’s approach when answering PMP Exam sample questions

There is a bit of a disconnect that PMP Exam takers report as they are preparing for the exam. Because you must be an experienced project manager to take the exam, you bring years of experience in managing projects and using tools & techniques with you. Often, these are based on company internal project management best practices and tactics that you found working for you. However, the PMP Exam requires that you…

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Added by Cornelius Fichtner on March 22, 2012 at 5:53am — No Comments

Hairs Looking at You Kid

There I was, brand new on the project, replacing a project manager who had vanished into thin air. I was beginning to envy him his vanishing act. I could see that the project had been ridiculously under estimated. I was not just new to the project, I was also new to the consulting firm I was representing. Oh and I had been told I would not be assigned to run any client projects until after three to four months of home office training and assisting other project managers.

 

On…

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Added by Margaret Meloni on March 19, 2012 at 10:47am — 1 Comment

Value is in the eye of the stakeholder

The only purpose of undertaking any business activity is to create value! If undertaking the work destroys value the activity should not be started.

Any value proposition though is ‘in the eye of the stakeholder’ – this is rarely solely constrained by either time or cost. Effective value management requires an understanding of what is valuable to the organisation and the activity to create value should be focused on successfully delivering the anticipated value.…

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Added by Patrick Weaver on March 19, 2012 at 6:29am — No Comments

why do project management initiatives fall short?

The answers are surprising. Some of most common flat spots of project portfolio management initiatives are easy to overlook, but the results of large-value improvements, or large-scale failure, can be pretty significant. 

what do you think?  is this brief whitepaper on target? …

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Added by kristine matt on March 17, 2012 at 12:02pm — No Comments

Free PMP Exam Sample Question

The following PMP® exam sample question is taken from the Free PMP Exam Simulator at http://free.pm-exam-simulator.com - The answer is at the very bottom:



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You have just completed the Perform Qualitative Risk Analysis process for your project. You think at least 20% of the risks that you have…
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Added by Cornelius Fichtner on March 17, 2012 at 6:30am — No Comments

PMP Exam Tip - Always use the PMBOK Guides’s approach when answering PMP Exam sample questions

There is a bit of a disconnect that PMP Exam takers report as they are preparing for the exam. Because you must be an experienced project manager to take the exam, you bring years of experience in managing projects and using tools & techniques with you. Often, these are based on company internal project management best practices and tactics that you found working for you. However, the PMP Exam requires that you…

Continue

Added by Cornelius Fichtner on March 15, 2012 at 6:00am — No Comments

"The Lazy Project Manager" to be first PM Book Club study!

The Project Management Book Club is pleased to announce that best-selling author, Peter Taylor, has agreed to participate in our first book study, "The Lazy Project Manager."



The lazy project manager illustrates how anyone can apply the simple techniques of lazy project management in their own activities in order to work more effectively and consequently improve…

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Added by Thomas Kennedy on March 12, 2012 at 8:48am — No Comments

Project Management Book Club

Do you read books about project management? Do you want a way to study project management books online with other project managers and project team members? Then the Project Management Book Club might be for you!



The Project Management Book Club is the online book club for project managers and project teams. But it isn't…
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Added by Thomas Kennedy on March 11, 2012 at 11:41am — No Comments

Free PMP Exam Sample Question

The following PMP® exam sample question is taken from the Free PMP Exam Simulator at http://free.pm-exam-simulator.com - The answer is at the very bottom:



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On your project you handle known risks by performing the Plan Risk Responses process. Which of the following would you use when you encounter unknown risks?



A.) Risk Reserves

B.) Risk Mitigation

C.) Risk…

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Added by Cornelius Fichtner on March 11, 2012 at 7:33am — No Comments

Didn't Pass The PMP Exam? Get 90 More Simulator Days!

Not passing the PMP exam is frustrating and the last thing we want to do is to add to this frustration in any way. This is why we are offering a free 90 day extension of The PM Exam Simulator those customers who did not pass the PMP exam.…

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Added by Cornelius Fichtner on March 6, 2012 at 9:05am — No Comments

Avoid Communications Chaos

We have so many different ways to communicate with one another. We can pick up the phone and call using either a land line or a cell phone; we can send an email or a text using our computers or our various handheld devices and we can ‘tweet’ and ‘friend’ and make all kinds of connections AND we can still send a written note on an actual piece of paper. Does having all of these options make communications easier? Not necessarily. Sometimes we still experience communication…

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Added by Margaret Meloni on March 5, 2012 at 11:05am — No Comments

Remove Barriers to Change

Even though we know all know change is needed, it can seem as if many of our change initiatives take a long time to adopt or completely fail to take root. Here's why:

 

Even the most motivated employees will fail to change

when we do not remove the organizational barriers that make changing difficult.

 

Boulder blocking road

 

This is the focus of John Kotter’s fifth step, “…

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Added by Yvette Harms on March 5, 2012 at 9:59am — No Comments

Free PMP Exam Sample Question

The following PMP® exam sample question is taken from the Free PMP Exam Simulator at http://free.pm-exam-simulator.com - The answer is at the very bottom:



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Which of the following diagramming techniques is a typical display of Sensitivity Analysis?



A.) Influence Diagram

B.) Network Diagram

C.) Fishbone Diagram

D.) Tornado…

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Added by Cornelius Fichtner on March 4, 2012 at 8:43am — No Comments

Remove the 'subjectivity' out of your project cost reserves.

Here’s a common Project Manager story: You, the Project Manager is creating the budget for your project. Your high level WBS (Work Breakdown Structure) is ready and you have the high level estimates needed for a budget baseline.

 As a smart Project Manager, you will add a contingency (20-25%, which is common practice nowadays) to account for unknown events that may add to your cost. In that way, you save your project from going over budget. So far so good.

It seems like you…

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Added by Anand Chittoor, PMP, CSM on March 1, 2012 at 3:46pm — 1 Comment

March 2012 Discount Coupon

For our next amazing deal and offer, we bring you a $9.99 discount coupon for The PM Exam eFlashcards!  Instead of paying the regular price of $29.99, you can get The PM Exam eFlashcards for just $20.00. This offer is good from March 1-31,…

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Added by Cornelius Fichtner on March 1, 2012 at 9:28am — No Comments

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