Project Management

Project Management Knowledge Corner

by
Project Management Knowledge Corner is blog where PM's can share facts, information, and skills acquired through the theoretical or practical understanding of the Project Management Profession.

About this Blog

RSS

Recent Posts

The Influence of Social Media Tools Data Visualization Format on Decision Making in Project Management

Why are ground rules so important?

Do we need a full-blown PMO in order to Building a Scheduling Center of Excellence?

What does the CEO really wants from a Project Manager?

What's a project failure?

Categories

Communications Management, Cost Management, Human Resource Management, Integration Management, Knowledge Area, Leadership, Procurement Management, Program Management, Quality, Quality, Risk Management, Scheduling, Scope Management, Stakeholder Management, Time Management

Date

Question 3: You have just arrived in London where you will spend three days reviewing a proposal with a vendor. The vendor calls you and invites you to dinner. What do you do?

linkedin twitter facebook Request to reuse this  

A.) You decline the invitation on the grounds that it will jeopardize your
objectivity.
B.) You lie to the vendor and tell him that you have been invited out to dinner by
relatives every night that you are here.
C.) You don't return his phone call.
D) You accept the invitation.

 

Taken from The PM PrepCast™ Sample Questions

Posted on: March 09, 2017 11:20 AM | Permalink | Comments (9)

Question 2: EV=100, CPI=1, SV=80. How much is Earned Value?

Categories: Cost Management

linkedin twitter facebook Request to reuse this  

A.) 100
B.) 1
C.) 1.5
D.) 0

Question Taken from PM Prepcast...

 

Posted on: March 08, 2017 07:20 PM | Permalink | Comments (8)

Question 1: The PMBOKĀ® Guide is an example of

linkedin twitter facebook Request to reuse this  

What is your answer?

A.) A project management methodology.
B.) A standard.
C.) A regulation.
D.) A university textbook.

Question Taken from PM Prepcast...
 

Posted on: March 08, 2017 07:19 PM | Permalink | Comments (1)

Are some times better than others to perform certain tasks?

Categories: Scheduling

linkedin twitter facebook Request to reuse this  

The idea is to keep focus as stated by Helene Lerner (2005) when saying that been distracted by other demands on our time can cause us to lose track of goals and derail them.

In a perfect world a Project Managers should have a clear plan as of when (time, date, hour) they should perform each task. They should not become distracted by attending to everthing and everyone around them; they should remain always focus.

Posted on: February 26, 2017 07:48 AM | Permalink | Comments (1)

When should a process be improved or when it should be adjusted?

linkedin twitter facebook Request to reuse this  

If the process is precise but not accurate you should adjust it, but if the process is neither accurate nor precise you should improve it.

 

Also read my post: What’s the difference between Accuracy and Precision?

Posted on: January 07, 2017 05:08 PM | Permalink | Comments (0)
ADVERTISEMENTS

"I have made it a rule never to smoke more than one cigar at a time."

- Mark Twain

ADVERTISEMENT

Sponsors