Wednesday, July 25, 2007

Win Free PMP Exam resources, Course Material


Here is a great opportunity for PMP candidates.. Project Management Prepcast is a podcast which helps PMP students to sit for the PMP exam with required knowledge and so much confidence .

This podcast has 77 episodes which you can listen to via your iPod/MP3 Player and it consists of 30 hours of training on the PMBOK® Guide and other relevant material.

So I would give my blog readers an amazing opportunity to get all these free. ( How’s that !!!!!!!!!!!!!!

:-))))

Its easy ….All you have to do is.. answer the following questions. The first person who answers all the questions right will get a free subscription to this PM podcast which has study material for PMP exam.

The contest is valid till 2 months starting from today. If no candidate could answer all the questions right.. the person who has the maximum right answers will win the contest !

Please use “comments” feature to answer the questions and you need to specify your name and a valid email address with your answers.

Here we go…

Q1. Whats the PMI definition of a “Project”

Q2. If the Optimistic estimate for a task is 6 days and pessimistic is 9 days, Whats the most likely estimate?

Q3. If the Optimistic estimate for a task is 6 days and pessimistic is 9 days, Whats the Standard Deviation of this task?

Q4. In the weekly status update meeting, your Project Manager says Project SV is – 500 What does that mean ?

Q5. Your Project status update records shows CV = - 500. What does that mean ?

Q6. Your Project BAC = 500 USD. Currently AC = 200USD. How much Balance you have in hand for this project to be completed.

Q7. Your current Project Earned Value is 350. Actual cost is 400. Planned value is 350. Whats the CV ?

Q8. If a project team consists of 5 stakeholders , how many communication channels do you need to manage in this project. ?

Q9. What is " Triple Constraints" in Project Management ?

Q10. What’s the Objective of issuing the “Project Charter”

Q 11. Project X has 4 critical paths.. if you are the Project manager of Project X , What is your idea about the project risk ?

Q12. The Estimate for a task is as follows;

O = 5 days, P = 7 days, M = 6 days. Whats the Standard deviation of this task ?

Q13. You are the project manager of Project Y. Name 3 most common causes of conflict on project Y.

Q14. Your Project SPI = .58 What do you think of your project progress compared to the project plan ?

Q15. What is “ Work Package” ?


If you are the Lucky winner .. See what you get.. Can you ask for more... ????

# Number Episode Title
-- 00.00 Welcome
1 01.01 PMP Exam Overview
2 01.02 PMP Study Tips
3 01.03 The day of the exam
4 01.04 Introduction to Project Management
5 01.05 The PM Processes
6 01.06 The Project Life Cycle
7 01.07 The Role of the Project Manager
8 01.08 Overview of the Knowledge Areas
9 01.09 Code of Ethics & Professional Conduct
10 02.01 Interview with Arlene Trimble
11 02.02 Interview with Duncan McIntyre
12 03.01 Q&A 1
13 03.02 Q&A 2
14 04.00 Project Management Integration Overview
15 04.01 Develop Project Charter
16 04.02 Develop Preliminary Project Scope Statement
17 04.03 Develop Project Management Plan
18 04.04 Direct and Manage Project Execution
19 04.05 Monitor and Control Project Work
20 04.06 Integrated Change Control
21 04.07 Close Project
22 05.00 Project Scope Management Overview
23 05.01 Scope Planning
24 05.02 Scope Definition
25 05.03 Create WBS
26 05.04 Scope Verification
27 05.05 Scope Control
28 06.00 Project Time Management Overview
29 06.01 Activity Definition
30 06.02 Activity Sequencing
31 06.03 Activity Resources Estimating
32 06.04 Activity Duration Estimating
33 06.05 Schedule Development 1
34 06.06 Schedule Development 2
35 06.07 Schedule Control
36 07.00 Project Cost Management Overview
37 07.01 Cost Estimating Inputs
38 07.02 Cost Estimating Tools and Techniques
39 07.03 Cost Estimating Outputs
40 07.04 Cost Budgeting
41 07.05 Cost Control
42 07.06 Earned Value
43 07.07 A Bagful of Cost Terms
44 08.00 Project Quality Management Overview
45 08.01 Quality Planning
46 08.02 Perform Quality Assurance
47 08.03 Perform Quality Control Inputs and Outputs
48 08.04 Perform Quality Control Tools and Techniques
49 09.00 Project Human Resources Management Overview
50 09.01 Human Resource Planning Inputs
51 09.02 Human Resource Planning Tools and Techniques
52 09.03 Human Resource Planning Outputs
53 09.04 Acquire Project Team
54 09.05 Develop Project Team
55 09.06 Manage Project Team
56 09.07 HR Theory 1
57 09.08 HR Theory 2
58 10.00 Project Communications Management Overview
59 10.01 Communications Planning
60 10.02 Information Distribution
61 10.03 Performance Reporting
62 10.04 Manage Stakeholders
63 11.00 Project Risk Management Overview
64 11.01 Risk Management Planning
65 11.02 Risk Identification
66 11.03 Qualitative Risk Analysis
67 11.04 Quantitative Risk Analysis
68 11.05 Risk Response Planning
69 11.06 Risk Monitoring and Control
70 12.00 Project Procurement Management Overview
71 12.01 Plan Purchases and Acquisitions Inputs
72 12.02 Plan Purchases and Acquisitions Tools, Techniques and Outputs
73 12.03 Plan Contracting
74 12.04 Request Seller Responses
75 12.05 Select Sellers
76 12.06 Contract Administration
77 12.07 Contract Closure
-- 99.00 Take our Final Exam
-- 99.99 Goodbye


Very Easy Questions.. All the best !!

14 comments:

Anonymous said...

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Walstan Benedict on 3:36 AM said...

Ans 1. A Project is a temporary endeavor undertaken to create a unique product, service, or result.

Ans 2. The most likely duration depend upon the probablistic distribution you select. If it is uniform then there is no most likely distribution.

Ans 3. The Standard devition is 0.5.

Ans 4. SV= -500 dollar means you have done 500 dollar worth of work less than the schedule.

Ans 5. cv= -500 dollar means you have spend 500 dollar more than what was expected.

Ans 6. The balance in hand is 300 usd. i:e 500 - 200.

Ans 7. The CV is Ev- AC= 350 - 400 = -50USD.

Ans 8. I would prefer to use face to face communication channel. But if it is not feasible, then I will use telephone, email, fax, letters.

Ans 9. Triple constrait - A framework for evaluating competing demand. The triple constraint is often depicted as a triangle where one of the sides or one of the corners represent one of the parameters being managed by the project team.

Ans 10. The objective of the Project charter is to formally authorize a project. It provides a PM with a authority to apply organisational resources to project activities.

Ans 11. Since there are 4 critical path, the project risk is if any activty in any of the critical path get delayed, then Project will get delayed.

Ans 12. The standard deviation of this task is 2/3=0.66.

Ans 13. The common cause of conflict Communication, quality and time. This is my conviction. But for some it is time, money and resource.

Ans 14. When SPI = .58, it means that my Project performance is just 58%. I am behind schedule.

And 15. Decomposition of Project deliverables into smaller and more manageable component are called work package.

Walstan Benedict on 3:38 AM said...

Ans 1. A Project is a temporary endeavor undertaken to create a unique product, service, or result.

Ans 2. The most likely duration depend upon the probablistic distribution you select. If it is uniform then there is no most likely distribution.

Ans 3. The Standard devition is 0.5.

Ans 4. SV= -500 dollar means you have done 500 dollar worth of work less than the schedule.

Ans 5. cv= -500 dollar means you have spend 500 dollar more than what was expected.

Ans 6. The balance in hand is 300 usd. i:e 500 - 200.

Ans 7. The CV is Ev- AC= 350 - 400 = -50USD.

Ans 8. I would prefer to use face to face communication channel. But if it is not feasible, then I will use telephone, email, fax, letters.

Ans 9. Triple constrait - A framework for evaluating competing demand. The triple constraint is often depicted as a triangle where one of the sides or one of the corners represent one of the parameters being managed by the project team.

Ans 10. The objective of the Project charter is to formally authorize a project. It provides a PM with a authority to apply organisational resources to project activities.

Ans 11. Since there are 4 critical path, the project risk is if any activty in any of the critical path get delayed, then Project will get delayed.

Ans 12. The standard deviation of this task is 2/3=0.66.

Ans 13. The common cause of conflict Communication, quality and time. This is my conviction. But for some it is time, money and resource.

Ans 14. When SPI = .58, it means that my Project performance is just 58%. I am behind schedule.

And 15. Decomposition of Project deliverables into smaller and more manageable component are called work package.

Walstan Benedict on 3:38 AM said...

Ans 1. A Project is a temporary endeavor undertaken to create a unique product, service, or result.

Ans 2. The most likely duration depend upon the probablistic distribution you select. If it is uniform then there is no most likely distribution.

Ans 3. The Standard devition is 0.5.

Ans 4. SV= -500 dollar means you have done 500 dollar worth of work less than the schedule.

Ans 5. cv= -500 dollar means you have spend 500 dollar more than what was expected.

Ans 6. The balance in hand is 300 usd. i:e 500 - 200.

Ans 7. The CV is Ev- AC= 350 - 400 = -50USD.

Ans 8. I would prefer to use face to face communication channel. But if it is not feasible, then I will use telephone, email, fax, letters.

Ans 9. Triple constrait - A framework for evaluating competing demand. The triple constraint is often depicted as a triangle where one of the sides or one of the corners represent one of the parameters being managed by the project team.

Ans 10. The objective of the Project charter is to formally authorize a project. It provides a PM with a authority to apply organisational resources to project activities.

Ans 11. Since there are 4 critical path, the project risk is if any activty in any of the critical path get delayed, then Project will get delayed.

Ans 12. The standard deviation of this task is 2/3=0.66.

Ans 13. The common cause of conflict Communication, quality and time. This is my conviction. But for some it is time, money and resource.

Ans 14. When SPI = .58, it means that my Project performance is just 58%. I am behind schedule.

And 15. Decomposition of Project deliverables into smaller and more manageable component are called work package.

Walstan Benedict on 3:52 AM said...

Name: Walstan Dsouza
Email:walstands@gmail.com

Ans 1. A Project is a temporary endeavor undertaken to create a unique product, service, or result.

Ans 2. The most likely duration depend upon the probablistic distribution you select. If it is uniform then there is no most likely distribution.

Ans 3. The Standard devition is 0.5.

Ans 4. SV= -500 dollar means you have done 500 dollar worth of work less than the schedule.

Ans 5. cv= -500 dollar means you have spend 500 dollar more than what was expected.

Ans 6. The balance in hand is 300 usd. i:e 500 - 200.

Ans 7. The CV is Ev- AC= 350 - 400 = -50USD.

Ans 8. I would prefer to use face to face communication channel. But if it is not feasible, then I will use telephone, email, fax, letters.

Ans 9. Triple constrait - A framework for evaluating competing demand. The triple constraint is often depicted as a triangle where one of the sides or one of the corners represent one of the parameters being managed by the project team.

Ans 10. The objective of the Project charter is to formally authorize a project. It provides a PM with a authority to apply organisational resources to project activities.

Ans 11. Since there are 4 critical path, the project risk is if any activty in any of the critical path get delayed, then Project will get delayed.

Ans 12. The standard deviation of this task is 2/3=0.66.

Ans 13. The common cause of conflict Communication, quality and time. This is my conviction. But for some it is time, money and resource.

Ans 14. When SPI = .58, it means that my Project performance is just 58%. I am behind schedule.

And 15. Decomposition of Project deliverables into smaller and more manageable component are called work package.

Walstan Benedict on 3:52 AM said...

Name: Walstan Dsouza
Email:walstands@gmail.com
Ans 1. A Project is a temporary endeavor undertaken to create a unique product, service, or result.

Ans 2. The most likely duration depend upon the probablistic distribution you select. If it is uniform then there is no most likely distribution.

Ans 3. The Standard devition is 0.5.

Ans 4. SV= -500 dollar means you have done 500 dollar worth of work less than the schedule.

Ans 5. cv= -500 dollar means you have spend 500 dollar more than what was expected.

Ans 6. The balance in hand is 300 usd. i:e 500 - 200.

Ans 7. The CV is Ev- AC= 350 - 400 = -50USD.

Ans 8. I would prefer to use face to face communication channel. But if it is not feasible, then I will use telephone, email, fax, letters.

Ans 9. Triple constrait - A framework for evaluating competing demand. The triple constraint is often depicted as a triangle where one of the sides or one of the corners represent one of the parameters being managed by the project team.

Ans 10. The objective of the Project charter is to formally authorize a project. It provides a PM with a authority to apply organisational resources to project activities.

Ans 11. Since there are 4 critical path, the project risk is if any activty in any of the critical path get delayed, then Project will get delayed.

Ans 12. The standard deviation of this task is 2/3=0.66.

Ans 13. The common cause of conflict Communication, quality and time. This is my conviction. But for some it is time, money and resource.

Ans 14. When SPI = .58, it means that my Project performance is just 58%. I am behind schedule.

And 15. Decomposition of Project deliverables into smaller and more manageable component are called work package.

Walstan Benedict on 3:54 AM said...

Name: Walstan Dsouza India
email:walstands@gmail.com
Ans 1. A Project is a temporary endeavor undertaken to create a unique product, service, or result.

Ans 2. The most likely duration depend upon the probablistic distribution you select. If it is uniform then there is no most likely distribution.

Ans 3. The Standard devition is 0.5.

Ans 4. SV= -500 dollar means you have done 500 dollar worth of work less than the schedule.

Ans 5. cv= -500 dollar means you have spend 500 dollar more than what was expected.

Ans 6. The balance in hand is 300 usd. i:e 500 - 200.

Ans 7. The CV is Ev- AC= 350 - 400 = -50USD.

Ans 8. I would prefer to use face to face communication channel. But if it is not feasible, then I will use telephone, email, fax, letters.

Ans 9. Triple constrait - A framework for evaluating competing demand. The triple constraint is often depicted as a triangle where one of the sides or one of the corners represent one of the parameters being managed by the project team.

Ans 10. The objective of the Project charter is to formally authorize a project. It provides a PM with a authority to apply organisational resources to project activities.

Ans 11. Since there are 4 critical path, the project risk is if any activty in any of the critical path get delayed, then Project will get delayed.

Ans 12. The standard deviation of this task is 2/3=0.66.

Ans 13. The common cause of conflict Communication, quality and time. This is my conviction. But for some it is time, money and resource.

Ans 14. When SPI = .58, it means that my Project performance is just 58%. I am behind schedule.

And 15. Decomposition of Project deliverables into smaller and more manageable component are called work package.

MatthewJohnson on 9:22 PM said...
This comment has been removed by a blog administrator.
Iman on 6:43 AM said...

1. A project is a temporary endeavor undertaken to create a unique product, service or result.

2. M=7.5 Days

3. SD=0.5

4. SV = BCWP - BCWS = EV-PV = -500
It means present value (PV) is greater than earned value (EV), therefore we have some error in budget cost of work schedule or spending plan, Negative is a behind schedule and we have to revise our spending plan.

5. CV = BCWP - BCWS = EV-AC = -500
It means actual cost (AC) is greater than earned value (EV), therefore the project has loss.

6. BAC - AC = 500 - 200 = 300 (it seems some data (earned value) is missed)

7. CV = EV - PV = 350 - 350 = 0
It means we are exactly according to schedule.

8. n(n-1)/2=10

9. Scope, Cost, Time, Quality

10. formally authorizes the project

11. Project X has a lot of risk and is high risky.

12. SD=(P-O)/6=1/3

13. Sources of conflict include scarce resources, scheduling priorities and personal work style.

14. SPI=EV/PV=0.58 then PV>EV
It means we are (only) progressing at 58 percent of the rate originally planned.

15. WBS breaks the project into smaller and more manageable pieces; this is a top down effort to decompose the work into smaller pieces called work packages.

Gana on 12:08 AM said...

1. Temporary, providing unique product/service and progressively elaborating is the definition of project
2. Most likely is 7.5
3. Std Dev is 0.5
4. You had executed 500$ less value compared to the value of the planned work
5. You have spent 500 $ more for the actual work executed.
6. 300 USD
7. -50
8. 10 channels
9. Scope, Schedule and Cost with all of them also impacting the quality
10. Authorising the PM to use and apply the organisation resource to get the work done
11. High risk project since more the number of critical paths more will be the risk of not meeting the schedule
12.0.33333 is the Std Dev
13. Resources, Schedule and Priorities are the three most common causes of conflicts
14. Not progressing well i.e.compared to the planned value project has actually executed only 0.58 of the work
15. Work Package is the decomposition level of scope between WBS and Activities. It is the lowest level in which cost and time can be better estimated

Anonymous said...

Hi Thushara,

Im interested in buying those PM Prepcasts, however I am not too sure about using "podcatcher software" for that. I wonder whether I can obtain MP3s of this in Sri Lanka ?

Thanks,
/Nuwan

Anonymous said...

Hi again Thushara,

If you hsave any information about obtaining Prepcasts in MP3 format , pls drop me a mail
at lk_crab@yahoo.com

Thanks
/Nuwan

Anonymous said...

For more information about the PMP exam, including links to sample questions and mock exams, as well as impact of introduction of 4th edition of PMBOK guide on the PMP exam, you may visit the following link:

http://wannabeapmp.blogspot.com

Ma'en Amin on 12:24 PM said...

maen adileh
abuadileh@hotmail.com


ans1: A Project is a temporary endeavor undertaken to create a unique product, service, or result.

ans2: 8

ansa3:0.5

ans4: SV=-500, 500 us less than shcedual

ans5: cv= -500 dollar means you have spend 500 dollar more than what was expected.

ans6: 300

ans7: -50

ans8: 1

ans9: Triple constrait: A framework for evaluating competing demand. The triple constraint is often depicted as a triangle where one of the sides or one of the corners represent one of the parameters being managed by the project team.

ans10:The objective of the Project charter is to formally authorize a project. It provides a PM with a authority to apply organisational resources to project activities.

ans11: high resk project specaily in time maner i.e time risk of its tasks, ill look and consiedre the study of time more and more.

ans12: 0.66

ans13: Communication, quality and time

ans14: my Project performance is just 58%. I am behind schedule.

ans15: Decomposition of Project deliverables into smaller and more manageable component

 

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