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November 2012 Blog Posts (12)

Download the Short Guide to Becoming a PMP

The Short Guide to Becoming a PMP by Cornelius Fichtner, PMP, is now available for download.



For project managers who are preparing to take the challenging PMP exam, here's a little help to get you started. The Short Guide to Becoming a PMP is a FREE e-book designed to help you prepare for and pass the exam with flying colors.



Written by noted PMP, Cornelius Fichtner, the e-book is based on Mr.…

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Added by Cornelius Fichtner on November 30, 2012 at 7:26pm — No Comments

Proof of Concept, Prototype, Pilot, Agile … confused?

Every industry sector has its own jargon that users or system developers use. IT is no different and plenty of words are used interchangeably that different stakeholders take to mean different things. This often makes for difficult conversations down the track. My colleague Nathan Heazlewood recently put in some effort in defining some of these. Thought he did an excellent job, well worth sharing.…

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Added by Shoaib Ahmed on November 30, 2012 at 2:03am — 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 are the project manager for a large telecommunications project in Kenya, which has an unstable economy. You cannot use common financial techniques to predict the future costs of materials but you are required to provide an estimate for each work package now so that the budget can be developed and approved. What technique you can rely on to help you in this…

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Added by Cornelius Fichtner on November 26, 2012 at 9:45am — No Comments

How much do you think it'll cost?

How many times have you heard that? “Oh, I’m not going to hold you to this, but just a ball park figure?” Sounds even more familiar? And now the clincher, “You know our systems, surely you have an idea.” Trying to answer this sort of question from the client too soon causes enormous headaches in projects.

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

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Added by Shoaib Ahmed on November 26, 2012 at 2:52am — 2 Comments

PMP Exam Tip: Get familiar with the Windows Calculator

As you prepare for your PMP Exam, you should know that there are many PMP Exam Formulas that you will be expected to know. Among them are Earned Value, PERT, communications channel and about 40 others you must have memorized.



Since these formulas must be in your head, you will not be allowed to bring your own personal calculator into the exam room with you because it could have some of the formulas saved with…

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Added by Cornelius Fichtner on November 24, 2012 at 10:27pm — No Comments

The Demise of the Iron Triangle

The iron triangle was invented by Dr Martin Barnes in 1969 to demonstrate the connection between time, cost and output (correct scope at the correct quality) – see The Origins of Modern Project Management. The correlation remains but the concept of the triangle is fading and becoming more complex.

The problem with the triangle is whilst the three…

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Added by Patrick Weaver on November 23, 2012 at 2:12am — 5 Comments

5 things a tech lead can do that a Project Manager cannot

I was talking to a former colleague and reminiscing about some of the projects we had worked together. He is still in a technical role and enjoying it. I have long since moved into project management and have been enjoying that. As friends would banter, we started talking about how our different roles give us different flexibilities and constraints in…

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Added by Shoaib Ahmed on November 21, 2012 at 3:31am — 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 are working at a steel manufacturing company as a project manager. There is a department called Welding and Fabrication in your company. You are getting ready to put together your project team and you want to see a hierarchical representation of how many welders are working for your company in the Welding and Fabrication Department. Which of the following…

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Added by Cornelius Fichtner on November 19, 2012 at 7:14pm — No Comments

A new LinkedIn profile is entering beta testing

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Added by Dana Safford on November 15, 2012 at 11:26am — No Comments

How do I trade off between cost and capacity?

In every organisation that I have worked in there has never been any argument that additional capacity can help better delivery of projects. But seldom are organisations in a position of luxury to have additional resources, which may not be contributing to the bottom line. For every staff hire, there is an expectation of revenue if it is aprofessional…

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Added by Shoaib Ahmed on November 14, 2012 at 3:56am — 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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Which of the following Enterprise Environmental Factors does not influence the Estimate Activity Durations process?



A.) Duration Estimating Databases

B.) Project Management Information Systems

C.) Productivity Metrics

D.) Published Commercial Information



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Hint: All of the given choices are valid…

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Added by Cornelius Fichtner on November 12, 2012 at 7:23pm — 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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Your pharmaceutical drug manufacturing project is running late and you have deadlines to meet on your project. You want to replace some of the inefficient human resources with more talented human resources to finish the project on time. What risk response strategy is being followed in this context?



A.) Share

B.) Accept

C.) Transfer

D.)…

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Added by Cornelius Fichtner on November 6, 2012 at 9:41am — No Comments

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