Project Management

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Cornelius Fichtner help you with your PMP Exam Prep (https://www.project-management-prepcast.com) as well as earn free PDUs (www.pm-podcast.com/pdu). Passing the PMP Exam is tough, but keeping your PMP Certification alive is just as challenging. Preparing for the exam requires an in-depth study of the PMBOK Guide and dedicated study discipline. And once you are PMP certified, then you are required to earn 60 Professional Development Units (PDUs) every 3 years to keep your certification alive. Let me help you make this journey easier with tips and tricks on how to prepare for and pass the exam as well as efficiently earning your PDUs once you are certified.

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PMP Exam Tip: The Schedule Network Diagram Explained

Categories: PMP Exam Tip

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The preparation for your PMP Exam must include a thorough understanding of the concept of a schedule network diagram. This must include all of it’s subcomponents as well. Here are some important definitions:

Project Schedule Network Diagram:

This is a broad term used to encompass elements of the project from the planning stages through the completion of the project. Chronology is important so this diagram is always completed in a left to right manner.

Network Logic:

This is a collection of the logic that is related to building the various diagrams for the project.

Network Path:

This path is set to show the various series of activities that make up the project schedule network diagram. The series of scheduled activities are connected in a logical and flowing manner.

Subnetwork:

This is a subdivision of the main project diagram and it typically represents either a work package or a subproject. A subnetwork is frequently used to show possible or proposed conditions that may alter the schedule. An example is changes to the scope of the project.

Time Scaled Schedule Network Diagram:

This is a diagram tool that is typically used when you are scheduling a type of activity. An example is a bar graph that is drawn to show the positioning and length of the activity.

Posted on: April 13, 2011 09:14 AM | Permalink | Comments (0)

Free PMP Exam Sample Question

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The following PMP® exam sample question is taken from http://www.free-pm-exam-questions.com - The answer is at the very bottom:


 

Who determines which processes from the process group will be employed to achieve

the desired objective?

 

A) The CEO

B) The most senior project team member.

C) Project manager & the project team

D) A project initiator external to the project organization



All our questions are updated to the latest PMBOK® Guide standard. Stop by at http://free.pm-exam-simulator.com and try it for 3 days. We are a PMI Registered Education Provider.



The correct answer is C.

Posted on: April 02, 2011 05:17 AM | Permalink | Comments (0)

PMP Exam Simulator launched

Categories: PM Exam Simulator

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New educational tool for PMP candidates launches today, providing unparalleled exam simulation.

SILVERADO, March 25, 2011 – OSP International LLC has today launched PMP Exam Simulator™, a tool to help candidates for PMI’s Project Management Professional (PMP) exam to prepare effectively.

The PMP Exam Simulator™ offers unlimited online access to over 1,800 exceptionally realistic PMP® exam practice questions.  “Anyone who has sat the PMP exam knows that studying the PMBOK Guide and having 35 contact hours is just not enough,” says Cornelius Fichtner, President, OSP International. “When I talk to successful candidates about their experiences with the PMP exam, they say that the questions are not as straightforward as one would hope.  Many people use practice exam questions to prepare for the real exam as using multiple study methods provides a better understanding of the material as well as highlighting what you do and don’t know.”

Although the PMP exam only has multiple choice questions, it is a rigorous test with a number of question styles.  Knowing the exam technique to respond effectively to each type of question can positively impact a candidate’s chance of success.

The PMP Exam Simulator™ was developed to provide an outstanding way for project managers worldwide to prepare for their PMP Exam.  Using PMP Exam Simulator™ enables students to prepare in a realistic environment.  Students also receive real-time practice exam results so they can track their progress and improve their confidence.

“We’re really excited about the PMP Exam Simulator,” Fichtner adds.  “You can access the questions over the internet from anywhere in the world, whenever it fits your schedule.  The questions are all based on the most recent version of the PMBOK Guide, so you can be sure that they are up-to-date and that there is good coverage of all the PMBOK Guide concepts.”

 
About OSP International

OSP International LLC is a project management training company headquartered in Silverado, California, specializing in exceptional products to help candidates prepare for the PMP® exam.  OSP International has been reviewed and approved as a provider of project management training by the Project Management Institute (PMI). As a PMI Registered Education Provider (R.E.P.), the company has agreed to abide by PMI established quality assurance criteria.

As well as the PMP Exam Simulator, OSP International also produces The PM PrepCast™, The PDU Podcast™ and The Project Management Podcast™.

For further information please contact:

Gwenn Doria
[email protected]
PO Box 863
Silverado, CA 92676 USA
Website:  www.pm-exam-simulator.com

Posted on: March 25, 2011 05:37 AM | Permalink | Comments (0)

Free PMP Exam Sample Question

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The following PMP® exam sample question is taken from http://www.free-pm-exam-questions.com - The answer is at the bottom:


 

On Friday March 25, 2011 we will be launching a new PMP Exam Simulator at http://www.pm-exam-simulator.com. You can receive 20% discount if you sign up to our launch newsletter


PMBOK Section: Plan Communications
Process Group: Planning Process Group
Question Type: Calculation
Knowledge Area: Communications Management
DifficultyLevel:Hard

Question: "You are managing a telecom project. You have got two teams reporting to you. One team is responsible for equipment installation and the other team is responsible to commission and test that equipment. Both teams are working in parallel such that as soon as the installation teams finishes equipment installation at one site they move on to another site for installations and the commissioning and testing team start their activities on the newly installed site. The reporting structure is such that each of the teams have 5 engineers headed by a team lead. Each team member interacts with each other, however only the team leads interact with you. Both the team leads also interact with each other to synchronize their operations.


How many communication channels do you have in your project?"

A. 33

B. 23

C. 42

D. 78
 

Hint:

Calculate communication channels for each team and add them together
Reference: PMBOK4 pg:253
Explanation: This was a hard question, wasn't it? Lets analyze the scenario to calculate the answer. Here we have two independent teams. Each team has 6 members, i.e., 5 engineers and one team lead. Each team member is interacting with each other, so communication channels for each team are (6)(6-1)/2=15. Both the team leads are communicating with you so there are two communication channels for this interaction. Further since both the team leads are interacting with each other there is an another communication channel between them. Hence the total communication channels in your project is 15+15+2+1=33.


All our free questions are updated to the latest PMBOK® Guide standard. Stop by at http://www.free-pm-exam-questions.com to receive the questions via email. We are a PMI Registered Education Provider.



Choice A is the only correct answer to this question.

Posted on: March 19, 2011 04:16 AM | Permalink | Comments (0)

PMP Exam Tip: What is the difference between Workaround and Contingency Plan?

Categories: PMP Exam Tip

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Although many people use the terms “contingency plan” interchangeably with “workaround”, they are not the same. The difference between the two terms is related to whether the problems being handled were identified ahead of time or not. Contingency plans are made based on potential risks that are identified that could derail a project. Workarounds are responses to problems that develop while the project is being worked that were never identified.

When a project plan is first put together, potential risks are identified that could pose a significant threat to the project if they occur. Contingency plans are developed around those possible issues and they are completed before the threat takes place. These contingency plans should address the objective of the plan, the criteria for activating the contingency plan, the people and responsibilities involved, and the additional details required for implementation.


Here is an example of a contingency plan. A company that produces skis has a project to stock its retail stores with the latest models for the winter season. While the project was being planned, a risk was identified regarding a potential strike. The project continued, but a contingency plan was developed in case the strike lasted longer than anticipated. In the case that the strike was not over by a pre-identified date, the company decided to reassign the work that was to be done by the factory on strike to alternative factories.  Potential costs were reviewed and it was determined that this contingency plan would be beneficial.

A workaround is not a planned response because the problems being addressed were not anticipated ahead of time.  Per the name, a “workaround” let’s you “work around” the problem. As soon as it is determined that there is an unanticipated problem, it needs to be addressed, researched and incorporated into the documentation of the project plan.

A corrective action must be taken occasionally to make sure the project stays in line with the projected results.  Examples of corrective action include the implementation of both contingency plans as well as workarounds. Most projects will require the implementation of a contingency plan or will require a workaround to be created.  Since larger projects tend to be more complex, these are common fixtures as the size of the project increases.

The PMBOK Guide discusses both Workaround and Contingency Plans in sections 11.5.3 – 11.6.3 in it’s fourth edition.

Posted on: March 17, 2011 12:43 AM | Permalink | Comments (2)
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