tag:blogger.com,1999:blog-2055135425618906852024-09-25T03:26:40.800+03:00This blog is for those looking for ITIL ,PMP study guide as well as the sample questions.Unknownnoreply@blogger.comBlogger32125tag:blogger.com,1999:blog-205513542561890685.post-38757766471607410642010-10-22T15:19:00.000+03:002010-10-22T15:19:36.891+03:00

Eligible Training hours There’s a lot of confusion about the role of PDUs and the PMI exam eligibility requirements. The simple fact is PDUs are different to the hours of approved education needed to be eligible to sit for a PMI credential. Approved education hours are accumulated by completing courses focused on the knowledge framework for the examination (basically the 9 knowledge areas of

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According to PMBOK, a project is 'A temporary endeavor undertaken to create a unique product or service'. You have to specifically note the following characteristics Temporary: Has a definite beginning and end, not an on-going effort. Ceases when objectives have been attained. Team disbanded upon completion. Unique: The product or service is different in some way from other products or

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GeneralThe exam covers lots of ground! If you are weak in a certain area but strong in the rest you will probably do OK, but if you are weak in many areas you might have trouble. Make sure you are very strong in your strong areas.You definitely need some on-the-ground experience managing projects.Format of QuestionsYou get a question and four possible answers; you must pick the correct answer.

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Project Stakeholders are the individuals and organizations who are actively involved in the project and whose interests may be positively or negatively affected by the project's success or failure. Some Common Key Stakeholders in any project are:Project manager – Manages the project Customer - Uses the product or service Performing organization – Enterprise that does the project work Sponsor -

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Summary:What eligibility requirements must I meet in order to complete the PMP Certification process? The Project Management Professional (PMP) program is the formal Certification of Project Managers. This program helps to ensure the highest professional and ethical standards within the community of practicing Project Management Professionals. Eligibility Criteria To complete the PMP

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Project management best practices have been captured, explained and evangelized for more than 20 years. The first formalized methodology came in 1987 through the Project Management Institute (PMI), with its Project Management Book of Knowledge (PMBOK). Today, PMBOK is still the broadest and deepest reference of generally accepted best practices, arranged around key processes that are leveraged

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Q U A L I T Y-------------CoQ = ( ( Review Efforts + Test Efforts + Training Efforts + Rework Efforts + Efforts of Prevention) / Total Efforts) x 100 %PERT = O + 4ML + P --------------6MEAN -> AverageMODE -> The "most found" numberRANGE -> Largest - Smallest Measure.MEDIUM -> No in the middle or avg. of 2 middle NosSTD. DEV. OF TASK = P - O____________6TASK VAR. = (P - O) 2 = Std. Dev

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For project managers involved in initiating, planning, execution and closure of a  project, the Project Management Professional (PMP) certification from the PMI may be the right Certification to pursue. In the IT field, the PMP may be right for managers who are heavily involved in areas such as software engineering or network design IT projects. The PMP certification demonstrates that a project

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Project Life Cycle divides the project into phases that provide better management control and the appropriate links to the ongoing operations of the organization and defines the beginning and end of the project.Some important characteristics of Project Life Cycle are: Defines the beginning and end of the project. Deliverables usually approved before work starts on the next phase. Sometimes a

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Question - 61You are the project manager of a project which is scheduled to last for 18 months. You have elected to rent a piece of equipment for the duration of a project, even though you will need the equipment only for 6 months. The costs of the equipment rental per month are $120. This is an example of ___________.1.Fixed Costs2.Parametric Costs3.Variable Costs4.Parametric BudgetCorrect

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Question - 41Which of the following are output of the Collect Requirements Process?1.Requirements Documentation2.Requirements Management Plan3.Requirements Tractability Matrix4.All of the aboveCorrect Answers are : 4 Explanation : The output of Collect Requirements Process are: requirements documentation (stakeholders needs), the requirements management plan (how the requirements will be analyzed

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Question - 21Which one of the following best describes the analogous estimating?1.Less accurate2.Reserve analysis3.Bottom up estimating4.Three-points estimatesCorrect Answers are : 1 Explanation : Analogous estimating is less accurate than other estimating methods. Question - 22__________includes all activities designed to enhance the skills, knowledge, and capabilities of the project team.1.

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Question - 1Your company has been hired to configure software in 500 computers. All computers need equal time to configure. You calculate the time to configure each computer as 5 hours. The cost for labour is calculated at $500 each computer. Your Project Sponsor disagrees with your labour estimate. Why is so?1.You haven't completed one computer yet, so you don't know how long the work will

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(161) Project risk is characterized by three factors: Severity of impact, duration of impact and cost of impact Identification, type of risk category and probability of impact Risk event, risk probability and the amount at stake Occurrence, frequency and cost Answer: C (162) Name the ethical code you'll be required to adhere to as a PMP: Project Management Policy of

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(121) When you are closing out a project, what must you do? Perform project feedback on the team Obtain sign off from the customer Review project documentation for completeness Update the project plans Answer: B (122) Financial controls that need to be considered for project plan development do not include: Time reporting Standard contract provisions Process

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(91) The successful project managers spend most of their time: Planning with their personnel. Planning with top management. Talking with personnel. Studying project results. Answer: C (92) Cost Plus Percentage of Cost (CPPC) contracts provide: A reimbursement of allowable cost of services performed plus an agreed upon percentage of the estimated cost as profit. A

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(61) Which of the following is true about pure risk? The risk can be deflected or transferred to another party through a contract or insurance policy. Pure risks involve the chance of both a profit and a loss. No opportunities are associated with pure risk, only losses. a and c a and b Answer:D (62) A contingency plan is: A planned response that defines the steps

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(31) Which of the following is not an external-unpredictable risk? Changes in government regulations Natural hazards Unexpected environmental side effects Inflation Answer:D (32) Maslow ranked Human needs from the highest to lowest: Self actualization; self promotion; social; security and physiological needs Self esteem; self actualization; social; security and

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 Which of the following is a tool used to secure expert judgment? Peer review Delphi technique Expected value technique Work Breakdown Structure (WBS) Answer: B Explanation: The 'Delphi technique' is a commonly used tool to secure expert judgment while initiating a project. 'Peer review' is a project selection tool, 'Expected value' is a method quantitative risk

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(1) A Project Manager is at the project kick-off meeting. He confidently states the vision and mission for the project. This PM is exhibiting the following leadership style: Hierarchal Authoritarian Charismatic Associative Answer:C (2) 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

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 The _________ is a time-phased budget that will be used to measure and monitor cost performance in the project. work breakdown structure project schedule cost baseline cost budget Answer: C   To transfer most of the cost risk to the contractor, the client may use a ___________ contract. cost plus award fee cost plus incentive fee cost plus

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 The _________ is a time-phased budget that will be used to measure and monitor cost performance in the project. work breakdown structure project schedule cost baseline cost budget Answer: C  To transfer most of the cost risk to the contractor, the client may use a ___________ contract. cost plus award fee cost plus incentive fee cost plus

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41. Which of the following are not cost of quality? A. Prevention costs. B. Failure costs. C. Transportation costs. D. Appraisal costs. Answer: c 42. What is a trigger in project risk management? A. An expected situation causing an unidentified risk event to occur. B. A warning sign that an identified risk event might have occurred. C. An unexpected situation causing an identified risk event to

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21. A project manager performs Earned Value Analysis and finds the following values: EV: 100,000; PV: 125,000; AC: 100,000 A. The project is on schedule but costs exceed budget. B. The project is on schedule and on budget. C. The project is behind schedule but on budget.D. Then project is behind schedule and costs exceed budget. Answer: C 22. What are "Global Literacies"?. A. The ability to read

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1. Regarding management and leadership all of the following are true except A. On a project, particularly a larger project, the project manager is generally expected to be the project's leader as well. B. Technical leadership is of primary importance in project management C. Managing is primarily concerned with consistently producing key results expected by stakeholdersD. Leading involves

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