Tagged: PMP exam prep

Work package vs activity for the PMP Exam

Work Package vs Activity for PMP Exam

The terms “Work Package” and “Activity” are commonly by many project managers to refer to “the tasks to be performed in the project”, many would use these two terms interchangeably. However, for the PMP Exam, “Work Package” and “Activity” carry different meanings and should not be treated as the same. Work...

Critical Path Method vs Critical Chain Method for PMP Exam

In Project Schedule Management, the most important scheduling methods mentioned in the PMBOK® Guide are Critical Path Method and Critical Chain Method. As their names suggest, there are similarities and differences between the two “Critical” methods. Critical Path Method (CPM) vs Critical Chain Method (CCM) Critical Path Method (CPM): the Critical...

Quality Control vs Quality Assurance for PMP Exam

Contingency Reserve vs Management Reserve for PMP Exam

Reserve, by definition, is the money set aside for unexpected events / contingencies / risks so that the project will still have enough funding to carry on. Setting aside reserves is one of the most important measures to manage project risks. In PMBOK® Guide, reserves can be sub-divided into 2...

Quality Control vs Quality Assurance for PMP Exam

Quality Control vs Quality Assurance for PMP Exam

Again in everyday language, there is just a thin line between the meanings of Quality Control (QC) vs Quality Assurance (QA), many use these two terms interchangeably and fail to differentiate between the essences of each. In fact, in many projects, both quality control and quality assurance are performed by...

Assumptions vs Constraints vs Requirements for PMP Exam

Assumptions vs Constraints vs Requirements for PMP Exam

In everyday language, there is just a thin line between the meanings of assumptions, constraints and requirements. In many cases, these terms may even be used interchangeably. This is not so in the PMP Exam and in the PMBOK® Guide. This article will try to definite the meanings of assumptions, constraints and...

Corrective vs Preventive Actions for PMP Exam

Corrective vs Preventive Actions for PMP Exam

During project execution, there are inevitable change requests. In addition to change requests that are brought about by scope changes, there are also a number of other reasons, e.g. corrective actions, preventive actions and defect repairs. In this article, we will discuss about Corrective Actions and Preventive Actions, their similarities and differences....

Project Statement of Work (SOW) vs Project Scope Statement for PMP Exam

Statement of Work (SOW) vs Project Scope Statement for PMP Exam

In the Project Initiation Process for the PMP Exam, there are several documents that are created as the basis for understanding the scope and other requirements of the project, e.g. Project Charter, Business Case, Project Statement of Work (SOW), Project Scope Statement, etc. The latter two, namely, “Statement of Work...

PMP Exam Experience Sharing

PMP Exam Lessons Learned by Vishal P (New PMP Exam 2016)

Many Aspirants attempting the new 2016 PMP Exam have brought back good news. Vishal P is one of them. Vishal passed the new exam in the first attempt with 4 months’ intense study. Vishal P Passed the New PMP Exam 2016 with 4 Months’ Preparation Below is the sharing by Vishal who have recently...

PMP Exam Experience Sharing

PMP Exam Lessons Learned by Papin Tatiotsop (New PMP Exam 2016)

Another great lessons learned for the new PMP Exam (effective from 12 Jan 2016) from Papin Tatiotsop who passed the exam on 21 Jan 2016. Thanks a lot for Tati’s invaluable contribution which would help fellow Aspirants a lot! Again, we can learn from this lessons learned that ‘the new PMP exam...

Accuracy vs Precision Illustrated

Quality vs Grade for PMP Exam

In Project Quality Management of the PMP Exam, the concept of “Quality” and “Grade” is one of the most easily confused concepts (another equally important terms for quality management is Accuracy vs Precision which we deal with in a separate article). Quality vs Grade In real life, we have been using the terms “Quality”...

PMP Exam Experience Sharing

PMP Exam Lessons Learned by Jonathan Dacosta

The new PMP Exam commences from 12 Jan 2016 well into 2017. Many Aspirants would worry about the “big changes” that are happening to the exam questions and would wonder if the prep resources (i.e. mock questions and exam prep books) are still relevant for the new PMP Exam in...

Accuracy vs Precision Illustrated

Accuracy vs Precision for PMP Exam (PMBOK Guide)

In Project Quality Management of the PMP Exam, the concept of “Accuracy” and “Precision” is one of the most easily confused concepts (another equally important terms for quality management is Quality vs Grade which we will deal with in a separate article). Accuracy vs Precision Accuracy and Precision are descriptions of...