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Recent Posts
Episode 549: How to Bring Clarity to Chaotic Projects
Episode 548: From Project Delivery to Value: How Project Managers Create Real Business Impact
Episode 546: The Real Reason Project Requirements Keep Changing
Episode 544: The Four Pillars of Project Success
Episode 543: Catch Project Trouble Early and Protect Your Delivery
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|  In this free video, I will give you an overview of the Project Integration Management Knowledge Area - what the knowledge area contains, what the general concepts of its processes are, we discuss project interactions, the charter, the PM Plan, historical files and many other concepts.
The PM PrepCast contains one episode like this for all 9 knowledge areas in the PMBOK Guide 4th edition.
Please follow this link: http://bit.ly/iMydZ0 |
Posted on: June 30, 2011 09:20 PM
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 There are two separate components within Cost of Quality (COQ). We looked at the Cost of Conformance in our last tip and this time we’ll focus on the Cost of Nonconformance. The Cost of Conformance is focused on avoiding potential failures and the Cost of Nonconformance is the cost incurred as a result of any failures because the quality expectations were not met.
This “failure” is really easy to understand: You built a product, service or result through your product and it failed to meet quality expectations. Now you have to fix it, which is going to cost you.
There are both internal and external costs related to failure. Internal costs are those identified within the scope of the project. This includes things like the time and money it will take to rework part of the project. It also includes any cost involved if you have to throw away parts of your project work, which is officially called “scrap”.
External failure costs are those identified after the product or service has been delivered to the customer. This includes things like warranty fulfillment, liability costs and the potential of a loss of business.
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Posted on: June 29, 2011 10:59 PM
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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:
There are 20 stakeholders. What is the number of total potential communication
channels in this project?
A) 10
B) 45
C) 190
D) 380
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.
The Correct Answer is C.
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Posted on: June 25, 2011 12:31 AM
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|  Are you preparing for The PMP Exam? The PM PrepCast offers over 38 hours of video training to help you study for the PMP certification.
This video is a free selection from this 38 hour long course that will help you how finding the best answer to PMP Exam sample questions help you pass the real PMP Exam: http://bit.ly/ikjKCN
Watch and learn!
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Posted on: June 24, 2011 01:35 AM
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 There are two separate components within Cost of Quality (COQ) and you must have a complete understanding of both of them for your PMP Exam. One is the Cost of Nonconformance, which is the money (and time) that will be spent due to the failure of a deliverable from your project. The other is the Cost of Conformance. This is the figure that is determined to be necessary to avoid those failures in the first place.
There are two categories within the Cost of Conformance. The prevention costs are those associated with building a quality product or service so that any errors are within the range that is considered acceptable. These usually include the elements of training and equipment. Also included in this category is the time and effort required to fully document processes and to do things the right way.
The other category within the Cost of Conformance is the appraisal costs. These are the costs associated with determining the level of quality to ensure it meets the required standards. Appraisal costs include things like inspections and various types of testing that are then evaluated to ensure the quality expectations are being met.
In our next tip, we’ll take a closer look at the Cost of Nonconformance
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Posted on: June 22, 2011 06:01 AM
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