Chapter one introduces the student to the Project Management Body of Knowledge (PMBOK) eight core elements.
1.1 Purpose of the PMBOK
1.2 What is a Project?
1.3 What is Project Management?
1.4 Relationships Among Portfolio Management, Program Management, Project Management, and Organizational Project Management
1.5 Relationships Between Project Management, Operations Management, and Organizational Strategy
1.6 Business Value
1.7 Role of the Project Manager
1.8 Project Management Body of Knowledge
The continuous progress in the profession always driving changes and updates necessary to improve the practice among all the cultures. The Project Management Body of Knowledge (PMBOK® Guide) is a collection of processes and knowledge areas accepted as a best practice for the project management profession and it has to remain relevant to most projects, most of the time, for most of practitioners. (PMBOK® Guide) is being updated this year. This session shall provide insights into the new Sixth Edition, including a brief look at the new chapter on role of the project managers.
For each Knowledge Area, there are new sections too, describing key concepts, emerging trends, and different considerations.
Besides that, by attending this session you will be able to explore what are new, the main changes and understand how the new (PMBOK® Guide) will better fasten with the PMI Talent TriangularTM.
International Project Management Standards - PRINCE2, PMI & Co. And Their Ben...Stefan Ondek, PMP, CSPM
Brief summary and comparison of top international project management standards (focus on PRINCE2 and PMI), their benefits, certification levels & requirements. Contains also key information about training courses on these project management standards.
The ultimate fast-track guide to PRINCE2 for PMP credential holdersAlison Wood
For PRINCE2 courses visit this link: http://www.knowledgetrain.co.uk/prince2-training-courses.php
There is some good news to share to those of you who hold PMP or CAPM credentials. You are now potentially able to fast-track your route to gaining PRINCE2 certification! In 2014, AXELOS the PRINCE2 accreditation body relaxed its pre-requisites for taking the PRINCE2 Practitioner exam. The new rules state that PMP and CAPM credential holders no longer need to sit the PRINCE2 Foundation exam before the Practitioner. What a great way to save you money!
This guide is designed for PMP and CAPM credential holders who may be interested in becoming PRINCE2 certified. The guide will help you get to grips with PRINCE2 by looking at some of the key differences and similarities between that and the PMBOK Guide.
I’d urge all PMP and CAPM credential holders to at least take a look at the guide. The fast-track option for PRINCE2 is too good an opportunity to miss!
Agile Certification Professional (PMI-ACP) Certification is the most coveted agile certification for project managers offered by the reputed PMI Institute. PMI-ACP certification is globally acknowledged and is valid across industries. Prepare for PMP exam with Simplilearn and make us a part of your success story. Simplilearn brings to you online PMI-ACP exam prep course that gives you the liberty to study at your pace and from your own place. This PMI-ACP presentation provides you a complete overview of basics of agile certification. Each slide covers PMI-ACP topics based on PMI-ACP exam syllabus and is prepared by our certified agile practitioners who have years of experience in agile environment. Get an understanding of PMI-ACP framework, agile methodologies, agile principles and its implementations in various projects. Cited examples and practice questions based on agile course and industry specific subjects provide better insights on each topic improving your confidence and knowledge towards attaining the agile certification goal.
This PRINCE2 Principles ebook is an ideal revision guide for PRINCE2 Foundation students, a helpful aid to newly qualified PRINCE2 Practitioners or those who are looking to implement PRINCE2 on their projects for the first time.
Grasp the 7 PRINCE2 Principles in straight forward fashion with this free ebook by Knowledge Train. Forget your usual boring diagrams and flowcharts, this ebook includes 7 colourful, hand-illustrated mindmaps that are easy on the eye and will make sure the information sticks. Forget the thick text books!
Download this free 10 page ebook to understand the basis of PRINCE2, revise for your PRINCE2 Foundation exam or to learn whether your organization is managing their projects correctly with PRINCE2.
You will need to learn the PRINCE2 Principles, Themes and Processes for your PRINCE2 Foundation exam. You can download the full set of revision e-books and mind maps here: http://www.knowledgetrain.co.uk/project-management-ebooks.php
---------------------------------------------------------------------------------------------------------------------------------
Here is what others have said about the PRINCE2 revision e-books:
“Excellent PRINCE2 revision e-books. Extremely well put together and I’m very impressed! I’d say
that you’ve met or even exceeded your aims. They look brilliant, thanks very
much. The world needs more people like you :-)” - Dave Sands, Managing Director at DS Consulting (2005) Co Ltd
“The proof that a picture says more than a thousand words becomes reality within
these PRINCE2 revision e-books. Definitely worthwhile reading.” - Henny Portman, PMO consultant at ING Insurance
“These e-books are really well done! I secretly envy designers like you guys!” - Cesar Abeid, Project Manager at Remontech
“Never has PRINCE2 been explained so beautifully.” - Paul Naybour, Project Management Training Consultant at Parallel Project Training
ebook, prince2, prince2 course, prince2 foundation exam, prince2 principles, prince2 revision, prince2 training, project management, prince2 exam, studying, self-study, self study, guide, learning, project manager
Chapter one introduces the student to the Project Management Body of Knowledge (PMBOK) eight core elements.
1.1 Purpose of the PMBOK
1.2 What is a Project?
1.3 What is Project Management?
1.4 Relationships Among Portfolio Management, Program Management, Project Management, and Organizational Project Management
1.5 Relationships Between Project Management, Operations Management, and Organizational Strategy
1.6 Business Value
1.7 Role of the Project Manager
1.8 Project Management Body of Knowledge
The continuous progress in the profession always driving changes and updates necessary to improve the practice among all the cultures. The Project Management Body of Knowledge (PMBOK® Guide) is a collection of processes and knowledge areas accepted as a best practice for the project management profession and it has to remain relevant to most projects, most of the time, for most of practitioners. (PMBOK® Guide) is being updated this year. This session shall provide insights into the new Sixth Edition, including a brief look at the new chapter on role of the project managers.
For each Knowledge Area, there are new sections too, describing key concepts, emerging trends, and different considerations.
Besides that, by attending this session you will be able to explore what are new, the main changes and understand how the new (PMBOK® Guide) will better fasten with the PMI Talent TriangularTM.
International Project Management Standards - PRINCE2, PMI & Co. And Their Ben...Stefan Ondek, PMP, CSPM
Brief summary and comparison of top international project management standards (focus on PRINCE2 and PMI), their benefits, certification levels & requirements. Contains also key information about training courses on these project management standards.
The ultimate fast-track guide to PRINCE2 for PMP credential holdersAlison Wood
For PRINCE2 courses visit this link: http://www.knowledgetrain.co.uk/prince2-training-courses.php
There is some good news to share to those of you who hold PMP or CAPM credentials. You are now potentially able to fast-track your route to gaining PRINCE2 certification! In 2014, AXELOS the PRINCE2 accreditation body relaxed its pre-requisites for taking the PRINCE2 Practitioner exam. The new rules state that PMP and CAPM credential holders no longer need to sit the PRINCE2 Foundation exam before the Practitioner. What a great way to save you money!
This guide is designed for PMP and CAPM credential holders who may be interested in becoming PRINCE2 certified. The guide will help you get to grips with PRINCE2 by looking at some of the key differences and similarities between that and the PMBOK Guide.
I’d urge all PMP and CAPM credential holders to at least take a look at the guide. The fast-track option for PRINCE2 is too good an opportunity to miss!
Agile Certification Professional (PMI-ACP) Certification is the most coveted agile certification for project managers offered by the reputed PMI Institute. PMI-ACP certification is globally acknowledged and is valid across industries. Prepare for PMP exam with Simplilearn and make us a part of your success story. Simplilearn brings to you online PMI-ACP exam prep course that gives you the liberty to study at your pace and from your own place. This PMI-ACP presentation provides you a complete overview of basics of agile certification. Each slide covers PMI-ACP topics based on PMI-ACP exam syllabus and is prepared by our certified agile practitioners who have years of experience in agile environment. Get an understanding of PMI-ACP framework, agile methodologies, agile principles and its implementations in various projects. Cited examples and practice questions based on agile course and industry specific subjects provide better insights on each topic improving your confidence and knowledge towards attaining the agile certification goal.
This PRINCE2 Principles ebook is an ideal revision guide for PRINCE2 Foundation students, a helpful aid to newly qualified PRINCE2 Practitioners or those who are looking to implement PRINCE2 on their projects for the first time.
Grasp the 7 PRINCE2 Principles in straight forward fashion with this free ebook by Knowledge Train. Forget your usual boring diagrams and flowcharts, this ebook includes 7 colourful, hand-illustrated mindmaps that are easy on the eye and will make sure the information sticks. Forget the thick text books!
Download this free 10 page ebook to understand the basis of PRINCE2, revise for your PRINCE2 Foundation exam or to learn whether your organization is managing their projects correctly with PRINCE2.
You will need to learn the PRINCE2 Principles, Themes and Processes for your PRINCE2 Foundation exam. You can download the full set of revision e-books and mind maps here: http://www.knowledgetrain.co.uk/project-management-ebooks.php
---------------------------------------------------------------------------------------------------------------------------------
Here is what others have said about the PRINCE2 revision e-books:
“Excellent PRINCE2 revision e-books. Extremely well put together and I’m very impressed! I’d say
that you’ve met or even exceeded your aims. They look brilliant, thanks very
much. The world needs more people like you :-)” - Dave Sands, Managing Director at DS Consulting (2005) Co Ltd
“The proof that a picture says more than a thousand words becomes reality within
these PRINCE2 revision e-books. Definitely worthwhile reading.” - Henny Portman, PMO consultant at ING Insurance
“These e-books are really well done! I secretly envy designers like you guys!” - Cesar Abeid, Project Manager at Remontech
“Never has PRINCE2 been explained so beautifully.” - Paul Naybour, Project Management Training Consultant at Parallel Project Training
ebook, prince2, prince2 course, prince2 foundation exam, prince2 principles, prince2 revision, prince2 training, project management, prince2 exam, studying, self-study, self study, guide, learning, project manager
PMP Certification Chapter one Summary of PMBOKskiltful
This presentation provides a summary of Chapter 1 of the PMP certification Guide - The PMBOK. Skiltul is an training business that provides free online training for personal and business developement
Organizational Influences and Project Life Cycle,PMP Chapter 2,PMBOK,PMP Exam...JustAcademy
Free notes on Organizational Influences and Project Life Cycle. Below topics will be covered in this chapter.
Organizational Influences
Organization Structure Functional
Organization Structure Projectized
Organization Structure Matrix
Organization Structure – Weak Matrix
Organization Matrix – Balanced Matrix
Organizational Structure-Strong Matrix
Organization Structure-Composite
Phase-to-Phase relationship
Project Life Cycle
Cost and Staffing Levels in Project Life Cycle
Impact of variables on Project Life Cycle
Project Life Cycle Types
Predictive Life Cycles
Iterative and Incremental Life Cycles
Adaptive Life Cycles
PMP Training in USA,PMP Training in California,PMP Training in Qatar,PMP training in Saudi Arabia,PMP training in India,PMP training in Mumbai,PMP Training in Bangalore
PMI’s Project Management Professional (PMP)® credential is the most important industry-recognized certification for project managers. Globally recognized and demanded, the PMP® demonstrates that you have the experience, education and competency to lead and direct projects.
The new PMP, what it is and how to get prepared for itPMIUKChapter
The international scenario of the Project Management credentials is evolving. New ones are entering the "arena", some other old ones are changing their shape and maybe their value. In this webinar we''ll cover the most important PM credential, defining and comparing their features. In particular, we'll see the new PMP exam and how to prepare for it.
Outline of subjects you will cover:
• PM credential in the world
• PMP credential
• The new PMP exam (from Jan 2nd 2021)
• How to prepare for it
About Cristiano Ottavian
Industrial Chartered Engineer, Project Manager, PM Consultant and Trainer in Business Schools and Corporate Academies. Former director of a National Academy for Technicians, he designs and implements training courses to support project management skills and team management. He is a business consultant on Project Management, innovation, product and process development, organizational change and process optimization. He managed projects and lead teams in companies of various sectors, in Italy, Europe and the Middle East. Certifications: PMP®, Prince2TM Practitioner, ISIPM, SFC, Financial Advisor and Environment Consultant.
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All 24 planning processes in Integration; scope; schedule; cost; quality; resources; communications; risk; procurement; and stakeholder knowledge areas
The PRINCE2 (PRojects IN Controlled Environments) project management methodology provides business with a flexible approach for the management of their projects. .
Complete Online PMP Study Training Material for PMP Exam Provided Free for PM...GlobalSkillup
Online PMP Training Study Material with Complete Slide Deck from GlobalSkillup for PMI PMP (Project Management Professional) towards PMP Exam Preparation.
This Study material also covers Project management defined by PMBOK 5th Edition by Project Management Institute (PMI). Provided by GlobalSkillup.com towards PMP Certification Exam.
Prince2 for Value Driven Project ManagementEdureka!
Understanding PRINCE2:
Developed by the UK Government, PRINCE2 is the standard for best practices in Project Management. PRINCE2 (Projects IN Controlled Environments) is a flexible method that guides you through the essentials for running a successful project regardless of project type or scale. PRINCE2 can be tailored to meet your organization or industry specific requirement.
PMP Certification Chapter one Summary of PMBOKskiltful
This presentation provides a summary of Chapter 1 of the PMP certification Guide - The PMBOK. Skiltul is an training business that provides free online training for personal and business developement
Organizational Influences and Project Life Cycle,PMP Chapter 2,PMBOK,PMP Exam...JustAcademy
Free notes on Organizational Influences and Project Life Cycle. Below topics will be covered in this chapter.
Organizational Influences
Organization Structure Functional
Organization Structure Projectized
Organization Structure Matrix
Organization Structure – Weak Matrix
Organization Matrix – Balanced Matrix
Organizational Structure-Strong Matrix
Organization Structure-Composite
Phase-to-Phase relationship
Project Life Cycle
Cost and Staffing Levels in Project Life Cycle
Impact of variables on Project Life Cycle
Project Life Cycle Types
Predictive Life Cycles
Iterative and Incremental Life Cycles
Adaptive Life Cycles
PMP Training in USA,PMP Training in California,PMP Training in Qatar,PMP training in Saudi Arabia,PMP training in India,PMP training in Mumbai,PMP Training in Bangalore
PMI’s Project Management Professional (PMP)® credential is the most important industry-recognized certification for project managers. Globally recognized and demanded, the PMP® demonstrates that you have the experience, education and competency to lead and direct projects.
The new PMP, what it is and how to get prepared for itPMIUKChapter
The international scenario of the Project Management credentials is evolving. New ones are entering the "arena", some other old ones are changing their shape and maybe their value. In this webinar we''ll cover the most important PM credential, defining and comparing their features. In particular, we'll see the new PMP exam and how to prepare for it.
Outline of subjects you will cover:
• PM credential in the world
• PMP credential
• The new PMP exam (from Jan 2nd 2021)
• How to prepare for it
About Cristiano Ottavian
Industrial Chartered Engineer, Project Manager, PM Consultant and Trainer in Business Schools and Corporate Academies. Former director of a National Academy for Technicians, he designs and implements training courses to support project management skills and team management. He is a business consultant on Project Management, innovation, product and process development, organizational change and process optimization. He managed projects and lead teams in companies of various sectors, in Italy, Europe and the Middle East. Certifications: PMP®, Prince2TM Practitioner, ISIPM, SFC, Financial Advisor and Environment Consultant.
PMP Chapter 3 of 6 Planning Process Group (24- Processes) (Based on PMBOK 6t...Shamil Habet
All 24 planning processes in Integration; scope; schedule; cost; quality; resources; communications; risk; procurement; and stakeholder knowledge areas
The PRINCE2 (PRojects IN Controlled Environments) project management methodology provides business with a flexible approach for the management of their projects. .
Complete Online PMP Study Training Material for PMP Exam Provided Free for PM...GlobalSkillup
Online PMP Training Study Material with Complete Slide Deck from GlobalSkillup for PMI PMP (Project Management Professional) towards PMP Exam Preparation.
This Study material also covers Project management defined by PMBOK 5th Edition by Project Management Institute (PMI). Provided by GlobalSkillup.com towards PMP Certification Exam.
Prince2 for Value Driven Project ManagementEdureka!
Understanding PRINCE2:
Developed by the UK Government, PRINCE2 is the standard for best practices in Project Management. PRINCE2 (Projects IN Controlled Environments) is a flexible method that guides you through the essentials for running a successful project regardless of project type or scale. PRINCE2 can be tailored to meet your organization or industry specific requirement.
Survey Based Reviewof Elicitation ProblemsIJERA Editor
Any software development process is the combination of multiple development activities and each activity has a
vital role in the software development cycle. Requirement Engineering is the main and basic branch of Software
Engineering, it has many phases but the most initial phase is Requirement Elicitation. In this phase requirements
are gathered for system development.
This paper provides a literature review of the requirements engineering processes performed in traditional and
modern development processes and analyses the problems in the requirements elicitation phase. This problem
analysis is based on a survey which was conducted in University. A questionnaire posing questions regarding
the problems in requirement elicitation was given to final year computer science graduate students who are
working on their final year project as a requirement for their degree. The theoretical analysis of the
questionnaire further clarifies the problems. This problems analysis will help to find out the main problems
which are faced by the perspective software developers
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Industry expert Scott Sehlhorst will:
• Introduce a taxonomy for user goals with real world examples
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[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
Implicitly or explicitly all competing businesses employ a strategy to select a mix
of marketing resources. Formulating such competitive strategies fundamentally
involves recognizing relationships between elements of the marketing mix (e.g.,
price and product quality), as well as assessing competitive and market conditions
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In this masterclass, presented at the Global HR Summit on 5th June 2024, Luan Wise explored the essential features of social media platforms that support talent acquisition, including LinkedIn, Facebook, Instagram, X (formerly Twitter) and TikTok.
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The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
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Youtube – https://www.youtube.com/startuplviv
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Deconstructing the PMP Exam Question - The Deep Dive
1. THE PROJECT MANAGERS COOKBOOK Volume 2
FIRST EDITION
THE KITCHEN IS NUCLEAR
ALIGNED WITH THE PMBOK GUIDE, 5TH EDITION
THE PMP WHISPERER
2. The Project Manager’s Cookbook Process Themes
Deconstructing
The PMBOK
Chapter 5
Test Question
3. The PMI PMP Exam is not and will never be your friendly neighborhood multiple choice exam. At 50 questions per hour,
for 4 hours, the exam tests the test takers endurance, reading comprehension ability, concept recognition, fault
identification skills, proper sequencing of process steps, and most importantly their level of confidence.
There are many PMP Exam questions which contain similar choices, A tactic which opens the door to the possibility of
multiple “true” choices. This requires the test taker to understand where they are at on the Project Management Process
Group and Knowledge Area Map in order to quickly eliminate the wrong choices and identify the only “true” choice.
A truth in choice does not always correlate to the correct answer. Many PMP questions test the students ability to identify
all the wrong choices which within a double negative scenario means eliminating the one true choice in order to identify the
correct answer for that particular scenario. Try four hours of that and then attempt to have a normal day.
Utilizing the PMP Whisperer’s question deconstruction technique leads to clarity and efficiency during the pre-test
preparation period (2-weeks), arming the PMP certification candidiate with absolute confidence.
INTRODUCTION
4. Whisper Note
Acknowledge that the
right answer is on the
screen. The test is
actually evaluating
your ability to quickly
identify the wrong
answers
Whisper Note
When there are
multiple potential
correct choices
identify the choice
that satisfies the
single concept the
question is related to
Whisper Note
Align the question
with the available
choices via a common
statement. Select the
answer that makes the
statement true
Whisper Note
Go to the call. Try to
answer the question
without reading
further or looking at
the choices. If you
know the answer
locate it in the list of
choices
Whisper Note
Know what each
multiple choice
question is asking.
Evaluate each answer
to the multiple choice
question.
Eliminate the obvious
wrong answer ASAP
Whisper Note
Always start the
answer selection by
working from D
through A. Select the
answer that is the
most logically correct
MAKING THE INTANGIBLE TANGIBLE
Whisper Note
Follow the single
question single
concept writing
pattern. Correctly
identify the situation
and its place within
the sequence of events
5. 1. ID The Knowledge Area
2. ID The Process Group
3. ID The Process
4. ID The ITTO’s
5. Is it a Plan, Baseline, or Document
6. ID The Concept & Sequence of Events
Deconstructing the Question
1 2
3 4
5 6
6. During which project management process group might a Rough Order of
Magnitude (ROM) estimate be created?Question #1
7. 1. The Knowledge
Areas
The ROM is a top down
estimating technique
related to cost estimating
Cost estimating occurs
within the Project Cost
Management Knowledge
Area
2. The Process Groups
Cost estimates which
range from ROM’s,
budget estimates, and
definitive estimates, are
created within the
Planning Process Group
3. The Process
Cost Estimates are
created within the
Estimate Costs Process
4. ITTO’s
The ROM estimate is
an output of the
Estimate Costs Process
and is captured within
Activity Cost Estimate
(ACE) document
5. PBD
The ROM ACE is a
project document and
identifies the
estimators educated
guess of cost when
utilizing limited or
historical information
6. The Concept
The ROM concept
tests the students
understanding of why
and when estimates
increase in accuracy as
a project progresses
through its lifecycle
TAKE BREAKS
DURING THE EXAM
8. Who is responsible for determining the priority of projects within a company?Question #2
9. 1. The Knowledge
Areas
The timing of project
prioritizing and selection
occurs outside the
boundaries of project
management
2. The Process Groups
The prioritizing of
projects is conducted by
senior leadership and
occurs prior to and after
the selection of projects
(continuous)
3. The Process
There is no PMBOK
process that produces a
selected project as an
output.
4. ITTO’s
Project prioritization
occurs outside of the
47 PMBOK processes
and is typically set and
re-assessed by senior
leadership
5. PBD
Project prioritization is
not a formal PMBOK
plan, document, or
baseline
6. The Concept
Strategic objectives
are established during
the strategic planning
process.
Project prioritization
occurs as a result of
the senior leaderships
progression through
tactical and
operational planning
TAKE BREAKS
DURING THE EXAM
10. Question #3
The activity “ship container” in your network diagram has an early start date
of 17, a late start date of 22 and a late finish date of 37. What is the activity
duration?
11. PREPARATION
EQUALS SUCCESS
1. The Knowledge
Areas
An activities duration can
be determined utilizing
the AON PDM which
supports the creation of
Schedule Network
Diagrams in the Project
Time Management
Knowledge Area
2. The Process Groups
The Critical Path
Method technique is
utilized in the Planning
Process Group
3. The Process
Activity early and late
start dates are
configured in the
Develop Project
Schedule Process
4. ITTO’s
The Critical Path
Method (CPM) is a
technique in the
Develop Project
Schedule Process
5. PBD
The Critical Path is used to
create the Project Schedule
Network Diagram
document
6. The Concept
The early and late
start dates can be
utilized with the late
finish date to
determine the early
finish date as the
variance between the
EF and LF dates is the
same as the variance
between the ES and LS
dates
From here the activity
duration can be
calculated
12. Question #4
Activity “A” has an optimistic duration of 17 days, a most likely duration of 22
days, and a pessimistic duration of 33 days. What is the activities Standard
Deviation?
13. 1. The Knowledge
Areas
Activity Duration
Estimating occurs within
the Project Time
Management Knowledge
Area
2. The Process Groups
Activity Duration
Estimating occurs within
the Planning Process
Group
3. The Process
Activity duration
estimating occurs within
the Estimate Activity
Durations Process
4. ITTO’s
PMBOK
acknowledges that the
PERT technique yields
the most accurate
Standard Deviation for
a range of estimates
5. PBD
The Standard Deviation for
a range of estimates is
neither a Plan, Baseline, or
Document
6. The Concept
The PERT technique
uses three data points
(P, (4)ML, O) in order
to generate six
estimates which are
used to determine the
Standard Deviation.
Weighting the Most
Likely accounts for the
normal distribution of
random data and
minimizes the impact
of padding due to an
inflated Standard
Deviation
PROPER PREPARATION
EQUALS SUCCESS
14. Question #5
A major scope change has been formally proposed to the project team. The
next step the project manager should take is to?
15. 1. The Knowledge
Areas
Formal Change Control
occurs within the Project
Integration Knowledge
Area
2. The Process Groups
Formal change control
occurs in the Monitor &
Control Process Group
3. The Process
Formal change control
occurs within the
Perform Integrated
Change Control Process
4. ITTO’s
The Project Managers
role in Formal Change
Control of a large
project is captured
within his/her Expert
Judgment
5. PBD
The Project Managers
official position on the
change request is
documented in the
Change Log (Formal
Document)
6. The Concept
The project managers
responsibilities are:
• #1 - Log the request
• #2 - Prevent
unnecessary change
through the formal
documentation of their
opinion
• #3 - Provide impact
• #4 - Deliver any viable
alternatives to the
CCB
START AT ANSWER
CHOICE “D” AND
WORK YOUR WAY UP
THERE CAN BE TWO
CORRECT ANSWERS
ONE MORE CORRECT
THAN THE OTHERS
16. Question #6 Which of the following techniques is used to evaluate the degree to which the data
about risks is useful for risk management?
17. 1. The Knowledge
Areas
The evaluation of risk
information occurs within
the Project Risk
Management Knowledge
Area.
2. The Process Groups
Assessing the quality of
the risk information
under consideration for
analysis occurs in the
Planning Process Group
3. The Process
The analysis of risk
information for validity
is a technique used in the
Perform Qualitative Risk
Analysis Process
4. ITTO’s
The technique under
review is the Risk Data
Quality Assessment
technique
5. PBD
The analysis of risk
information is neither a
Plan, Baseline, or formal
Document. It is a
technique
6. The Concept
The concept under
review is the student’s
understanding of the
impact of low and
high quality risk data
on the management of
risk reserves and the
resulting impact on
scope, schedule, and
cost
IN THE EVENT THERE ARE
TWO OR MORE CORRECT
ANSWERS
SELECT THE MOST
PRECISE ANSWER
18. Question #7
Sensitivity analysis is one of the tools/techniques utilized in performing
quantitative risk analysis. What are the advantages of using sensitivity
analysis?
19. 1. The Knowledge
Areas
Sensitivity Analysis
occurs within the Project
Risk Management
Knowledge Area
2. The Process Groups
The use of the
sensitivity analysis
technique occurs within
the Planning Process
Group
3. The Process
Sensitivity analysis is a
technique in the Perform
Quantitative Risk
Analysis Process
4. ITTO’s
Sensitivity Analysis is
a technique used in the
Perform Quantitative
Risk Analysis Process
5. PBD
Quantitative Risk Analysis
is neither a Plan, Baseline,
or formal Document. It is
a technique
6. The Concept
Areas of risk exposure
are rarely wholly
positive or wholly
negative.
The degree of positive
and negative risk
exposure in each area
of identified risk is
visually captured in a
Tornado Diagram and
is important
information
ELIMINATE THE 2
OBVIOUS DISTRACTOR
CHOICES
IMMEDIATELY
THEY ARE LOGICALLY
IMPOSSIBLE TO BE THE
CORRECT ANSWER
20. Question #8 Which of the following is not one of Crosby’s Four Absolutes of Quality?
21. 1. The Knowledge
Areas
Crosby’s 4 Absolutes of
Quality are quality
success factors that are
generated outside the
PMBOK
2. The Process Groups
Quality management
concepts are foundations
of quality management
and exist outside of the
(5) PMBOK Process
Groups
3. The Process
The 4 Absolutes of
Quality are:
1. Conformance to
requirements
2. Prevention
3. Zero Defects
4. The cost of non-
conformance is the
measurement
4. ITTO’s
Crosby’s 4 Absolutes
of Quality
Management are key
concepts which
influence Project
Quality Management
ITTO’s
5. PBD
Crosby’s 4 Absolutes of
Quality are neither
Plans, Baselines, or
formal Documents.
They are key quality
management concepts
6. The Concept
Quality concepts
identify key attributes
of quality management
which lead to the
successful
implementation and
sustainment of best
practices for project
quality management
THE FIRST SELECTION
IS STATISTICALLY THE
MOST LIKELY CORRECT
ANSWER
22. Question #9
You are in charge of developing a new product for an organization. Your quality
metrics are based on the 80th percentile of each of the last three products
developed. This is an example of?
23. 1. The Knowledge
Areas
The establishment of
quality metrics occurs
within the Project Quality
Management Knowledge
Area
2. The Process Groups
The Identification of the
projects quality
measurements occurs
within the Planning
Process Group
3. The Process
The establishment of the
projects quality metrics
occurs during the Plan
Quality Management
Process
4. ITTO’s
The project team
utilizes the technique
of benchmarking to
establish quality
metrics which are
often based on best
practices and high
performance
5. PBD
Quality Metrics are
Outputs of the Plan
Quality Management
Process which also
describes how Quality
Control will test to
ensure they were met
6. The Concept
The concept under
review is the project
team’s effective use of
the benchmarking
technique to establish
quality metrics that
are based on
established high levels
of performance
THE FIRST SELECTION
IS STATISTICALLY THE
MOST LIKELY ANSWER
24. Question #10 Which of the following is the last step of project closing?
25. 1. The Knowledge
Areas
The closure of a project
or phase (a sub-project
supporting a much larger
project) occurs in the
Project Integration
Knowledge Area
2. The Process Groups
Close Project or Phase
along with its supporting
activities occurs in the
Closing Process Group
3. The Process
The proper closure of a
project or phase occurs
within the Close Project
or Phase Process
4. ITTO’s
The outputs the Close
Project or Phase
process are the
transition of the final
product, service or
results to the customer
and OPA updates
5. PBD
Project closure is a
document driven
endeavor that begins
with reconciliation of
customer acceptance
documents, the update
of project files, and
finally the archive of
historical information
and lessons learned into
the lessons learned
knowledge base
6. The Concept
The concept under test
is the students
understanding of the
sequence of events and
activities
THE FIRST SELECTION
IS STATISTICALLY THE
MOST LIKELY ANSWER