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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:
60.jpg)
Which of the following statements regarding WBS templates is incorrect?
A.) They are always present in Organizational Process Assets.
B.) They provide a starting point for WBS creation.
C.) They may help determine the appropriate level of detail required.
D.) They enhance cross-project WBS consistency.
Hint:
WBS templates can help you create your project WBS.
All our questions are updated to the latest PMBOK® Guide standard. Stop by at http://free.pm-exam-simulator.com and try the PMP Exam Simulator free for 3 days. We also offer 110 free questions at http://www.free-pm-exam-questions.com. We are a PMI Registered Education Provider.
ANSWER AND EXPLANATION:
The correct answer is A
Explanation: WBS Templates can be found in Organizational Process Assets but we cannot say they will always be available.
Reference: PMI Practice Standard for WBS 2nd Edition, page 29
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Posted on: April 14, 2012 09:13 AM
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|  In this week's PMP Exam Prep video: http://bit.ly/ING8Vv we are going to review when the PMBOK Guide 5th Edition will MOST LIKELY be released, what this means for the PMP Exam and what version of study materials you should be using for the exam.
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Posted on: April 13, 2012 11:00 AM
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A project management plan is a formal, approved document that defines how the project is executed, monitored and controlled. It may be summary or detailed and may be composed of one or more subsidiary management plans and other planning documents. The objective of a project management plan is to define the approach to be used by the Project team to deliver the intended project management scope of the project. The project manager creates the project management plan following input from the project team and key stakeholders. The plan should be agreed and approved by at least the project team and its key stakeholders.
 [On a side note: In many organizations the term "project management plan" and "project schedule" are often used interchangeably. If this is the case in your organization, then please make sure that you understand that for the PMP Exam, these are two distinctly different documents. We will discuss the project schedule in next week's tip.]
The PMBOK Guide 4th Edition also defines Develop Project Management Plan as the process of documenting the actions necessary to define, prepare, integrate, and coordinate all subsidiary plans. The project management plan defines how the project is executed, monitored and controlled, and closed. The project management plan content will vary depending upon the application area and complexity of the project. The project management plan is developed through a series of integrated processes until project closure. This process results in a project management plan that is progressively elaborated by updates and controlled and approved through the Perform Integrated Change Control process.
The project management plan typically covers topics used in the project execution system and includes the following main aspects:
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Scope Management
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Schedule Management
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Financial Management
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Quality Management
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Resource Management
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Communications management
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Project Change Management
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Risk Management
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Procurement Management
It is good practice and mostly required by large consulting and professional project management firms, to have a formally agreed and version controlled project management plan approved in the early stages of the project, and applied throughout the project. Project planning is part of project management, which relates to the use of schedules such as Gantt charts to plan and subsequently report progress within the project environment.
Get a full load of the definition and examples of the Develop Project Management Plan process in the Project Management Body of Knowledge Guide (PMBOK Guide) Fourth Edition, 4.2 to 4.2.3
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Posted on: April 12, 2012 08:55 AM
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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:
61.jpg)
Which of the following statements regarding WBS templates is incorrect?
A.) They are always present in Organizational Process Assets.
B.) They provide a starting point for WBS creation.
C.) They may help determine the appropriate level of detail required.
D.) They enhance cross-project WBS consistency.
Hint:
WBS templates can help you create your project WBS.
All our questions are updated to the latest PMBOK® Guide standard. Stop by at http://free.pm-exam-simulator.com and try the PMP Exam Simulator free for 3 days. We also offer 110 free questions at http://www.free-pm-exam-questions.com. We are a PMI Registered Education Provider.
ANSWER AND EXPLANATION:
The correct answer is A
Explanation: WBS Templates can be found in Organizational Process Assets but we cannot say they will always be available.
Reference: PMI Practice Standard for WBS 2nd Edition, page 29
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Posted on: April 01, 2012 08:35 PM
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|  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 until they were satisfied with the results. There is a danger in that approach: when you take the same sample exam again and again you will start to remember the questions. You will remember that you answered B in your last attempt, and that the correct answer is C. This means your result will improve every time you repeat the same sample exam.
But on the PMP Exam you only have one chance!
So my recommendation is this: Sign up for an online PMP Exam simulator. This simulator will cost you some additional money, but their two major benefits are that they offer a large number of questions & quizzes that you can take (no repetition!) and they allow you to test yourself in an environment that closely resembles the actual PMP Exam.
Therefore, go beyond searching for free PMP Exam questions on the internet and use the professional tools that are available to you.
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Posted on: March 29, 2012 10:19 AM
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