Tagged: PMP exam prep

In project cost and time management, estimations are required during project planning as we cannot know things in future for sure. There are at least five estimation methods mentioned in the PMBOK® Guide, namely: One-point Estimating Analogous Estimating Parametric Estimating Three-point Estimating Bottom-up Estimating This post will expound on the similarities...

Summary: The KnowledgeHut online PMP® course provides an all-in-one exam prep package (including online video courses, e-book, many sample exams, etc.) helping Aspirants to be well prepared for writing the real exam.  The  online course package of KnowledgeHut includes 27 video lectures covering the whole exam syllabus, 6 full-length 200 questions...

PMP® stands for the Project Management Professional Certification certified by the Project Management Institute (PMI). It is considered one of the most prestige certification any project manager may attain. Reflecting on my PMP® Exam journey, I discovered 5 “P”s which are vital to helping me to succeed in passing the certification exam in...

Though it is every Aspirants’ wish to pass the PMP® Exam in 1st Try (I particular like the exam prep book with the same title authored by Andy Crowe), the passing rate of the exam is estimated to be around 60% – 70% only — meaning that 2 out of 5...

The PMBOK® Guide mentions the Seven Basic Tools of Quality for the Project Quality Management Area, these seven tools are: Cause-and-effect diagram (i.e. “fishbone” / Ishikawa diagram) Check sheet Control chart Histogram Pareto chart Scatter diagram Flowchart Of these Seven Basic Tools of Quality, the Run Chart and the Control Chart...

In project cost and time management, estimations are often used in arriving at the cost and time at various stage along the project management cycle as the accurate cost and time will not be 100% known until the very end of the project. In estimating the cost and time, there are two...

UPDATED for new PMP® Exam 2018. In project risk management, there are several risk management strategies as recommended in the PMBOK® Guide for positive or negative risks: For negative risks: Mitigate Avoid Transfer Accept Escalate For positive risks (i.e. opportunities): Enhance Exploit Share Accept Out of the five risk management strategies...

In project risk management, actions are required to be planned should identified risks actually occur. There are two major types of planning: Contingency Plan and Fallback Plan — both the Contingency Plan and the Fallback Plan are developed in advance during Plan Risk Responses process. This post will expound on the...

Nominal Group Technique and Brainstorming are two Group Creativity Techniques named as PMBOK® Guide ITTOs. These two are indeed quite similar as they both include the generation of ideas / requirements e.g. in identifying project requirements. Yet, there are some major differences between Nominal Group Technique and Brainstorming that Aspirants should understand in order...

Both Enterprise Environmental Factors (EEF) and Organization Process Assets (OPA) are two of the core inputs to most project management processes as described in the PMBOK® Guide. However, many Aspirants find it hard to distinguish between these two. Though I have yet to encounter a real PMP® Exam question to ask the...

One of the most fundamental concept for the Project Management Professional (PMP®) Exam is the definition of a “Project” as the knowledge around the PMP® Exam is built upon the correct definition of projects. Yet, in our daily life, “Project” and “Operation” is often confused. This article will help Aspirants to...

Abhishek Bhati passed the exam in first try with 400 hours of preparation. Below is his detailed account of his Lessons Learned from his exam Journey. Abhishek Bhati Passed the New PMP® Exam Below is the sharing by Abhishek who have recently passed the new exam: I would like to share...

In Project Communication Management, the Project Manager is responsible for communicating matters related to the project to all the related project stakeholders based on the Project Communication Plan by using various communication methods, namely Push Communication, Pull Communication and Interactive Communication. Of these three communication methods, Pull and Push Communication methods are...

In Project Risk Management, the Project Manager is required to carry out both Qualitative Risk Analysis and Quantitative Risk Analysis. While these two analysis processes are used in risk rating of all identified and significant risks, the PMBOK® Guide has listed Perform Qualitative Risk Analysis and Perform Quantitative Risk Analysis as two...

[this post is obsolete for the new PMP® Exam as the scope of Project Human Resource Management has been enlarged and renamed as Project Resource Management] In Project Human Resource Management, there are four processes, namely, Plan Human Resource Management, Acquire Project Team, Develop Project Team and Manage Project Team. The...