Category: PMP Exam Tips

Other PMP Certification Related Articles

Project Procurement Management: Contract Types for PMP Exam

Project Procurement Management: Contract Types for PMP Exam

Project Procurement Management is usually considered more difficult to most Aspirants as many project managers do not have sufficient knowledge and experience in dealing with contracting issues — contract administration, contract types, contract closure, etc. This post will expound on the various types of contracts that are mentioned in the PMBOK® Guide®...

Project Risk Management: Enhance vs Exploit for PMP Exam

Project Risk Management: Enhance vs Exploit for PMP Exam

Already updated/will be updated for PMP Exam in 2023. In project risk management, according to different types of risk (positive or negative), the PMBOK® Guide recommends the following risk management strategies: For negative risks: Mitigate Avoid Transfer Accept Escalate For positive risks (i.e. opportunities): Enhance Exploit Share Accept Escalate Out of...

PMP Exam Experience Sharing

Lessons Learned by Srinivas Reddy Nalla (New PMP Exam 2016)

A very detailed lessons learned for the PMP Exam from Srinivas Reddy Nalla who passed the exam with 4 proficient and 1 moderately proficient. Srinivas Reddy Nalla Passed the New Exam Below is the sharing by Srinivas who have recently passed the new exam: Exam Preparation I have taken my exam on...

Project Quality vs Product Quality for PMP Exam

Project Quality vs Product Quality for PMP Exam

Quality is an crucial aspect for project success. Quality is both important for the deliverables (products) and the management of the project for the creation of the deliverables. Project Quality vs Product Quality Product Quality: product quality is the adherence/conformance of the product/deliverable of the project to the pre-defined requirements/standards. Product...

Project Time Management: Free Float vs Total Float for PMP Exam

Project Time Management: Free Float vs Total Float for PMP Exam

In project time management, when using the Critical Path Method  (CPM) to determine the project schedule, there are two types of float that are easily confused by many Aspirants: Free Float and Total Float. Free Float vs Total Float A Float/Slack is a schedule flexibility an activity has in a project network diagram...

Project Risk Management: Fallback vs Workaround for PMP Exam

Project Risk Management: Fallback vs Workaround for PMP Exam

In project management, once the original plan does not proceed as expected or there are any changes in the external environments, the Project Management will need to investigate whether changes to the original plan is needed. This is where Fallback and Workaround would need to be implemented. However, Aspirants should...

Project Cost Management: Cost Baseline vs Budget for PMP Exam

Project Cost Management: Cost Baseline vs Budget for PMP Exam

In Project Cost Management, project managers will have to deal with Cost Baseline and Cost Budget. However, these two terms are easily confused in everyday language. In the PMBOK® Guide, Cost Budget and Cost Baseline are different concepts that need to be distinguished clearly. This post will expound on the similarities...

Project Time Management: Crashing vs Fast Tracking for PMP Exam

Project Time Management: Crashing vs Fast Tracking for PMP Exam

In Project Schedule Management, when the Project Management needs to deal with time delay (or the sudden request from management to deliver the deliverables sooner), there are two important methods to compress the schedule (schedule compression techniques) so as to catch up with the target dates while preserving the project scope: crashing...

Residual Risk vs Secondary Risk for PMP Exam

Risk Management: Residual Risk vs Secondary Risk for PMP Exam

In Risk Management Knowledge Area of the PMBOK® Guide, apart from the primary risks — which are uncertain events that may have impacts (either positive or negative) on the project objectives if occur, there are also residual risks and secondary risks. All these types of risks must be identified, analyzed, monitored...

Brain Dump for the PMP Exam

PMP Exam Brain Dump of Edward Chung

Important Update: Brain Dump is not allowed during the tutorial before the PMP Exam now. Aspirants would however need to make use of the 4-hour exam time to do the brain dump if needed. If you are not familiar with concept of “Brain Dump”, you may refer to this article...

Scope: Project Scope vs Product Scope for PMP Exam

Scope: Project Scope vs Product Scope for PMP Exam

For every project, one of the key activity is to define the “scope”. There are actually two types of scopes — project scope and product scope. Many Aspirants may mistakenly consider project scope and product scope are identical, in fact, project scope and product scope are two different concepts. This post will...