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<?xml-stylesheet type="text/xsl" media="screen" href="/~d/styles/rss2full.xsl"?><?xml-stylesheet type="text/css" media="screen" href="http://feeds.feedburner.com/~d/styles/itemcontent.css"?><rss xmlns:atom="http://www.w3.org/2005/Atom" xmlns:openSearch="http://a9.com/-/spec/opensearchrss/1.0/" xmlns:georss="http://www.georss.org/georss" xmlns:gd="http://schemas.google.com/g/2005" xmlns:thr="http://purl.org/syndication/thread/1.0" xmlns:feedburner="http://rssnamespace.org/feedburner/ext/1.0" version="2.0"><channel><atom:id>tag:blogger.com,1999:blog-8865041848089576845</atom:id><lastBuildDate>Fri, 18 May 2012 05:16:49 +0000</lastBuildDate><category>BCWS</category><category>Project Appraisal</category><category>Project Life Cycle</category><category>pay-back period</category><category>SF</category><category>Project Management Dashboard</category><category>PERT</category><category>Financial analysis</category><category>SS</category><category>CPM</category><category>time management</category><category>How To Prioritize requirements</category><category>Project risks</category><category>Changes in PMBOK guide 4th edition</category><category>Focus</category><category>Quality</category><category>objective analysis</category><category>Decomposition</category><category>PMO</category><category>Buffers</category><category>Project manager who can lead and manage</category><category>PV</category><category>QFD</category><category>Global Project Management Vs Global Delivery Model</category><category>resource leveling</category><category>ACWP</category><category>Project Mangement Failures and Success</category><category>CWBS</category><category>Life Style computing</category><category>project scope</category><category>EV</category><category>Communication</category><category>Float</category><category>PM Authority</category><category>Task or Activity Relationship</category><category>FF</category><category>How To Prioritize Critical Activity</category><category>Project HR management</category><category>IRR and NPV Relationship</category><category>equipment purchase</category><category>Project Schedule</category><category>Resource Utilization</category><category>Assumptions and Risks</category><category>TCPI</category><category>Estimation techniques</category><category>Progressive Elaboration</category><category>Aggregation</category><category>Project execution</category><category>Project Intiation</category><category>Budget Forecast</category><category>normalized ranking</category><category>Product Scope</category><category>Buyer Seller Relations</category><category>Project Management System</category><category>critical path</category><category>project success</category><category>SOW</category><category>SV</category><category>ITIL</category><category>PMB</category><category>Issue</category><category>break-even</category><category>Requirement Prioritization</category><category>Earned Value</category><category>effort</category><category>scope creep</category><category>EVM</category><category>Project Selection Methods</category><category>Enthusiam</category><category>CMS</category><category>project and phase closure</category><category>expectation mismatch</category><category>Project Constraints</category><category>WBS</category><category>BAC</category><category>Budgeting</category><category>Slack</category><category>Project Planning</category><category>Good practice to employ project estimate</category><category>life cycle cost</category><category>best estimate</category><category>CIP</category><category>PMBOK few vital glossary</category><category>Guruttam PMP Mock Question Series - 2</category><category>Project Methodology</category><category>Cost Benefit Analysis Template</category><category>Ratios</category><category>Cost Reestiamte</category><category>Advantages Of Critical Chain Scheduling</category><category>Control chart and its wide use</category><category>SPI</category><category>Control Account Plan</category><category>R and D projects</category><category>Matrix Organization Structure</category><category>Variance Analysis</category><category>PM</category><category>Artificial Intelligence</category><category>Project Closure</category><category>Achievement</category><category>free online pmp®mock exam</category><category>Project Management Maturity and Organization Project Capability</category><category>15 easy steps to lead and manage</category><category>Planning Schedule</category><category>Integrated Scope Cost Schedule Analysis</category><category>BigData</category><category>CPI</category><category>NPV</category><category>Work Budgeting</category><category>Capital Discount method</category><category>Rolling-wave plan</category><category>BCWP</category><category>Problem</category><category>Lead</category><category>IRR</category><category>make-buy decision</category><category>Dependency Activity</category><category>voice of customer</category><category>Quality aspects in a project</category><category>Project Management Role</category><category>Projects EVM</category><category>Lag</category><category>schedule control</category><category>how to procure wisely</category><category>Source of Scope Change</category><category>RBS</category><category>What is Project</category><category>People management</category><category>Project Management Framework and Methodology</category><category>AC</category><category>CCM</category><category>Practical Project Management Problems and Solutions</category><category>Project Manager Role</category><category>CV</category><category>Project Constraint</category><category>EAC</category><category>FS</category><category>Control Account</category><category>PMP Mock questions</category><category>Project delivery convergence</category><category>Rolling-wave plan and Roll-out plan</category><category>Management Decision tools</category><category>Key People and Process roles in a Project PMBOK</category><category>Conflct Resolutions</category><category>BI</category><category>Progressive planning</category><category>Project management General Practices</category><category>project estimation</category><category>Project charter</category><category>Contingency reserve</category><category>depreciation</category><category>Project Processes</category><category>Kick Off Meeting</category><category>series</category><category>Project Governance</category><category>Kaizen</category><category>Project Time Management</category><title>Long Live Project Management</title><description>Blog for project management tips</description><link>http://guruttam.blogspot.com/</link><managingEditor>noreply@blogger.com (guruttam)</managingEditor><generator>Blogger</generator><openSearch:totalResults>70</openSearch:totalResults><openSearch:startIndex>1</openSearch:startIndex><openSearch:itemsPerPage>25</openSearch:itemsPerPage><atom10:link xmlns:atom10="http://www.w3.org/2005/Atom" rel="self" type="application/rss+xml" href="http://feeds.feedburner.com/LongLiveProjectManagement" /><feedburner:info uri="longliveprojectmanagement" /><atom10:link xmlns:atom10="http://www.w3.org/2005/Atom" rel="hub" href="http://pubsubhubbub.appspot.com/" /><item><guid isPermaLink="false">tag:blogger.com,1999:blog-8865041848089576845.post-7957807060652399917</guid><pubDate>Sun, 26 Feb 2012 14:44:00 +0000</pubDate><atom:updated>2012-02-26T07:02:30.824-08:00</atom:updated><category domain="http://www.blogger.com/atom/ns#">Artificial Intelligence</category><category domain="http://www.blogger.com/atom/ns#">Project Management System</category><title>Project Management Mechanics!</title><description>&lt;div dir="ltr" style="text-align: left;" trbidi="on"&gt;&lt;a href="http://guruttam.com/"&gt;http://guruttam.com&lt;/a&gt;&lt;br /&gt;&lt;br /&gt;Well no wonder we all have our experiences in riding our first vehicle and felt the first experience.&lt;br /&gt;Well what has that to do with Project Management. Well the picture seems to suggest a child's collections but do you have more...?&lt;br /&gt;&lt;br /&gt;Definitely &amp;nbsp;vehicles are ought be built with&amp;nbsp; safety&amp;nbsp;&amp;nbsp;, travel comfort, minimal failures and that each manufacturer strive to deliver its own USP which stand to as an identity. Definitely everyone would accept that the enterprise think-tank &amp;nbsp;have done several rounds of commercials, engineering , manufacturing of research and development before the first vehicle is produced. This is where our entry of project management comes into play as a subset of Product Development in manufacturing.&lt;br /&gt;&lt;div class="separator" style="clear: both; text-align: center;"&gt;&lt;a href="http://4.bp.blogspot.com/-rPB6h2r7Hhs/T0pBDqyB18I/AAAAAAAAAFI/gINGP4_Yqvo/s1600/vehicles.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"&gt;&lt;img border="0" height="145" src="http://4.bp.blogspot.com/-rPB6h2r7Hhs/T0pBDqyB18I/AAAAAAAAAFI/gINGP4_Yqvo/s320/vehicles.png" width="320" /&gt;&lt;/a&gt;&lt;/div&gt;&lt;br /&gt;Let us go one step further, and give kudos to those who have made the idea of the product into integrated-managed vehicle system. A managed system in place that is put to use to the maximum extent by a driver of the vehicle or auto-pilot(AI artificial intelligence) mode. The system is able to meet specific Requirement of &amp;nbsp;a driver (and passengers) and expectations managed.&amp;nbsp;What else could we call Integrated-project management. The vehicle is agile in adopting to integrated project management statusquo for all the conditions (say transmission, fuel &amp;nbsp;injection, rpm, break, clutch, road conditions, user choice of speed etc) being influenced into it. Unless there are extreme conditions, the system is said to perform to the DOE (design of experiments) laid out by engineers in real time environment.&lt;br /&gt;&lt;br /&gt;So project manager if he has a good project management system in place with strong integration points, the system should apply its AI cure in case of not-so-severe failures. Most of the Information Technology project is yet to reach this stage except few as in case of above AI itself as an example.&lt;br /&gt;&lt;br /&gt;Let us find a way to build a project management system(PMS) that is well researched departmentally and apply CIP (continuous improvement process) project quality management to mature a better PMS for use. That is where, as a support, Data Intelligence can come into play as technology partner (say like BIGDATA as in previous blog) to highlight Project Managers with informed decision going forward.&lt;br /&gt;&lt;br /&gt;So it is a mechanics or in built intelligence let us try to check...!&lt;br /&gt;&lt;br /&gt;&lt;a href="http://guruttam.com/"&gt;http://guruttam.com&lt;/a&gt; &lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8865041848089576845-7957807060652399917?l=guruttam.blogspot.com' alt='' /&gt;&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/LongLiveProjectManagement/~4/NC7Iav5HzpQ" height="1" width="1"/&gt;</description><link>http://feedproxy.google.com/~r/LongLiveProjectManagement/~3/NC7Iav5HzpQ/project-management-mechanics.html</link><author>noreply@blogger.com (guruttam)</author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="http://4.bp.blogspot.com/-rPB6h2r7Hhs/T0pBDqyB18I/AAAAAAAAAFI/gINGP4_Yqvo/s72-c/vehicles.png" height="72" width="72" /><thr:total>0</thr:total><feedburner:origLink>http://guruttam.blogspot.com/2012/02/project-management-mechanics.html</feedburner:origLink></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-8865041848089576845.post-3918105746281756403</guid><pubDate>Mon, 20 Feb 2012 06:53:00 +0000</pubDate><atom:updated>2012-02-19T22:53:51.357-08:00</atom:updated><category domain="http://www.blogger.com/atom/ns#">BigData</category><category domain="http://www.blogger.com/atom/ns#">BI</category><title>Technology Buzz</title><description>&lt;div dir="ltr" style="text-align: left;" trbidi="on"&gt;There has been always a buzz in the emerging technology in the field of information age. &amp;nbsp;We are not talking about, Mobile , Cloud, or Social computing but "&lt;span style="color: #0b5394;"&gt;&lt;a href="http://www.mckinsey.com/Insights/MGI/Research/Technology_and_Innovation/Big_data_The_next_frontier_for_innovation" target="_blank"&gt;BigData&lt;/a&gt;&lt;/span&gt;" beneath them &amp;nbsp;a new trend in Business Intelligence.&lt;br /&gt;&lt;br /&gt;&lt;a href="http://guruttam.com/"&gt;http://guruttam.com&lt;/a&gt;&lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8865041848089576845-3918105746281756403?l=guruttam.blogspot.com' alt='' /&gt;&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/LongLiveProjectManagement/~4/Xa-uYn2NJA0" height="1" width="1"/&gt;</description><link>http://feedproxy.google.com/~r/LongLiveProjectManagement/~3/Xa-uYn2NJA0/technology-buzz.html</link><author>noreply@blogger.com (guruttam)</author><thr:total>0</thr:total><feedburner:origLink>http://guruttam.blogspot.com/2012/02/technology-buzz.html</feedburner:origLink></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-8865041848089576845.post-7330238607177703380</guid><pubDate>Sat, 11 Feb 2012 06:00:00 +0000</pubDate><atom:updated>2012-02-10T22:00:54.192-08:00</atom:updated><category domain="http://www.blogger.com/atom/ns#">SS</category><category domain="http://www.blogger.com/atom/ns#">FS</category><category domain="http://www.blogger.com/atom/ns#">FF</category><category domain="http://www.blogger.com/atom/ns#">Task or Activity Relationship</category><category domain="http://www.blogger.com/atom/ns#">Planning Schedule</category><category domain="http://www.blogger.com/atom/ns#">SF</category><title>Simple ways to understand Task Relationship</title><description>&lt;div dir="ltr" style="text-align: left;" trbidi="on"&gt;&lt;br /&gt;&lt;a href="http://guruttam.com/"&gt;http://guruttam.com&lt;/a&gt;&lt;br /&gt;&lt;br /&gt;Last post we saw an example of how we can have &lt;a href="http://guruttam.blogspot.in/2012/02/how-to-allocate-buffers-in-schedule-and.html" target="_blank"&gt;practically allocate Buffers&lt;/a&gt; in a schedule.&lt;br /&gt;&lt;br /&gt;This post we shall speak something about relationship between tasks/activities.&lt;br /&gt;&lt;br /&gt;Failures to understand for example, generally in IT companies' project manager (not all) create schedule as static document (guess its a harsh reality)&amp;nbsp;to be honest, during my earlier days I was doing the same a because of couple of reasons&lt;br /&gt;a. I did not understand what to do, so just type the tasks, indent it&lt;br /&gt;b. create a schedule for to keep away QA guys (not a good thing to do although)&lt;br /&gt;c. Team meeting, Bugs status, kept me busy forgetting underlying unused schedule asset that I had.&lt;br /&gt;d. Most of the time I become a student by-hearting SF,FF,SS, FS and use only FS and argue everything same&lt;br /&gt;&lt;br /&gt;Let us talk how to go ahead and achieve this with ease...(for busy user read Takeaways)&lt;br /&gt;&lt;br /&gt;Assume you are a product company who is planning for two releases in a year.&lt;br /&gt;Assuming the requirements are clear but not practically possibly to implement all in one go.&lt;br /&gt;We &lt;span style="color: blue;"&gt;organize &lt;/span&gt;and &lt;span style="color: blue;"&gt;prioritize &lt;/span&gt;(every important tip to project managers) what is &lt;span style="color: red;"&gt;"essentials now" vs "essentials for tomorrow".&lt;/span&gt;&lt;br /&gt;&lt;span style="color: red;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;&lt;div class="separator" style="clear: both; text-align: center;"&gt;&lt;a href="http://4.bp.blogspot.com/-opkMWejWpUc/TzYCqOL3fgI/AAAAAAAAAE0/8JbKyg6P7tk/s1600/GuruttamBufferAndTaskRelations.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"&gt;&lt;img border="0" height="153" src="http://4.bp.blogspot.com/-opkMWejWpUc/TzYCqOL3fgI/AAAAAAAAAE0/8JbKyg6P7tk/s640/GuruttamBufferAndTaskRelations.jpg" width="640" /&gt;&lt;/a&gt;&lt;/div&gt;&lt;br /&gt;Task Id denoted in ( ).&lt;br /&gt;Having said that we plan for Product Feature List (5), The task Concept Design Starts(7) as soon as (5) is complete.&lt;br /&gt;This is the common task relation (FS =Finish to Start) or predecessor-successor relationship which most of us very comfortable and familiar.&lt;br /&gt;You have wonder tech team so the best thing to do is given them the job so. The concept design team hopes to give deliverable on day one,&lt;br /&gt;to help other team to do Detail Design(8) start as and when the start. It is a kind of relay situation however taking practical things into&lt;br /&gt;account you have a lag of 1 (say probably for review) and then allow (8) to start. This is a SS (Start-To-Start) relation.&lt;br /&gt;( Another example you can imagine is Auto-Scan as soon as you have a Pend-Drive insertion to disk is initiated. )&lt;br /&gt;Assume the (8) is started then you can call for the documentation team to Design manual (9) and and request doc team to end when (8) ends.&lt;br /&gt;This may mean that doc team are ready with functional or flow help guide written and can finish final User Interface Designs at (8)'s end.&lt;br /&gt;Eventually As and When (7) finish (8) also finishes&lt;br /&gt;The last tasks Product List Feature Future(10) is constantly updated and finishes after 2 days of maturity after (7). You give room for correction on&lt;br /&gt;upto 2 days for (7) so that (10) finish from as Release Notes as what will be available for next release. Which mean, Now you are ready with description of design &lt;br /&gt;"essentials now" vs "essentials for tomorrow".&lt;br /&gt;&lt;br /&gt;"Takeaways"...&lt;br /&gt;The way we want to do it, "Reactive-Coordinated-Proactive approach" for logical realationship between tasks/activity.&lt;br /&gt;&lt;span style="color: #b45f06;"&gt;1....Wait until I finish (Reactive) - FS &amp;nbsp;&lt;/span&gt;&lt;br /&gt;&lt;span style="color: #b45f06;"&gt;2.... Watch me start (Proactive) - SS &amp;nbsp;&amp;nbsp;&lt;/span&gt;&lt;br /&gt;&lt;span style="color: #b45f06;"&gt;3.... &amp;nbsp;Let us finish it (Coordinate) - FF &amp;nbsp;&lt;/span&gt;&lt;br /&gt;&lt;span style="color: #b45f06;"&gt;4.... Finish when I start (Proactive) - SF&amp;nbsp;&lt;/span&gt;&lt;br /&gt;&lt;br /&gt;In the above context lead/lags are influencing for better schedule planning.&lt;br /&gt;&lt;br /&gt;So we encourage you to limit with books or downloads or terminologies but apply simple self-help in your schedule planning...&lt;br /&gt;&lt;br /&gt;Hope it was useful.&lt;br /&gt;&lt;br /&gt;&lt;a href="http://guruttam.com/"&gt;http://guruttam.com&lt;/a&gt;&lt;br /&gt;&lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8865041848089576845-7330238607177703380?l=guruttam.blogspot.com' alt='' /&gt;&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/LongLiveProjectManagement/~4/LNe0qJQ6VJc" height="1" width="1"/&gt;</description><link>http://feedproxy.google.com/~r/LongLiveProjectManagement/~3/LNe0qJQ6VJc/simple-ways-to-understand-task.html</link><author>noreply@blogger.com (guruttam)</author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="http://4.bp.blogspot.com/-opkMWejWpUc/TzYCqOL3fgI/AAAAAAAAAE0/8JbKyg6P7tk/s72-c/GuruttamBufferAndTaskRelations.jpg" height="72" width="72" /><thr:total>0</thr:total><feedburner:origLink>http://guruttam.blogspot.com/2012/02/simple-ways-to-understand-task.html</feedburner:origLink></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-8865041848089576845.post-5371562025427880043</guid><pubDate>Sat, 04 Feb 2012 04:53:00 +0000</pubDate><atom:updated>2012-02-03T20:53:14.687-08:00</atom:updated><category domain="http://www.blogger.com/atom/ns#">Buffers</category><category domain="http://www.blogger.com/atom/ns#">SS</category><category domain="http://www.blogger.com/atom/ns#">Lag</category><category domain="http://www.blogger.com/atom/ns#">FS</category><category domain="http://www.blogger.com/atom/ns#">FF</category><category domain="http://www.blogger.com/atom/ns#">Contingency reserve</category><category domain="http://www.blogger.com/atom/ns#">Lead</category><category domain="http://www.blogger.com/atom/ns#">Planning Schedule</category><category domain="http://www.blogger.com/atom/ns#">SF</category><title>How to allocate buffers in schedule and set logical relations</title><description>&lt;div dir="ltr" style="text-align: left;" trbidi="on"&gt;&lt;br /&gt;&lt;a href="http://guruttam.com/" target="_blank"&gt;http://guruttam.com&lt;/a&gt;&lt;br /&gt;&lt;br /&gt;&lt;span style="color: purple;"&gt;&lt;b&gt;Scope: Project Time Management - Schedule Planning&lt;/b&gt;&lt;/span&gt;&lt;br /&gt;&lt;br /&gt;+. Know About Project activity/task planning ( tasks listing and sequencing )&lt;br /&gt;+. Know About Lags and Leads&lt;br /&gt;+. Know About Project Buffers&lt;br /&gt;&lt;br /&gt;&lt;div class="separator" style="clear: both; text-align: center;"&gt;&lt;a href="http://4.bp.blogspot.com/-5EGNtv_gkgE/Tyy4E9iSm4I/AAAAAAAAAEs/ctN1ziFNXv4/s1600/GuruttamBufferAndTaskRelations.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"&gt;&lt;img border="0" height="153" src="http://4.bp.blogspot.com/-5EGNtv_gkgE/Tyy4E9iSm4I/AAAAAAAAAEs/ctN1ziFNXv4/s640/GuruttamBufferAndTaskRelations.jpg" width="640" /&gt;&lt;/a&gt;&lt;/div&gt;&lt;br /&gt;Project is "Guruttam Contract Prospect"&lt;br /&gt;Gather Requirement &amp;nbsp;- &amp;nbsp;2 days&lt;br /&gt;Define Scope - 1 day&lt;br /&gt;Identify Resources - 4 days&lt;br /&gt;&lt;br /&gt;We assume tasks(activity) names and duration estimates. Let us further examine its &lt;i&gt;attribute &lt;/i&gt;information.&lt;br /&gt;&lt;br /&gt;1. Here is an interesting part.&lt;br /&gt;You, the project manager, planned for a fine Monday meeting with the customer to Gather Requirement. Unfortunately, assume the customer would be busy with other priorities on the day of your appointment. What could we do? Well, we have to wait ! &lt;br /&gt;&lt;br /&gt;So where is this reflected in our schedule and how long does our schedule planning allow us to wait ? To answer this we try to understand next task Define Scope.&lt;br /&gt;&lt;br /&gt;We have said Define Scope is a 1 day activity after Gather Requirement. But luckily, we had planned as +2 days as lag forecasting that this situation might well occur. So we are allowed with a 'buffer' of 2 days wait time. 'Buffer' as usually allocated as contingencies or time reserves.&lt;br /&gt;&lt;br /&gt;Remember, this wait time(lag) is 'created' by the manager and is not a characteristic of project activity.&lt;br /&gt;&lt;br /&gt;Assume Define Scope task - is a management activity (manager sets the scope). Usually management activity are not part of billing (activity level at the least) , so we cannot allocate a resource if it is going to add to the project cost. Hence, this 1 day is a 'buffer' this manager has wisely added as an activity. Call it as 'buffered task'. Having this task type as 'non-working time' will not add to cost, which may be a handy tool for buffer monitoring (used or did not use cases).&lt;br /&gt;&lt;br /&gt;Either of the above two techniques may be used as 'Buffers'. Planners are advised not to use both technique (within a scenario) as it would be deemed as non professional conduct or would not be successful in practical sense under a 'constraint'ed schedule.&lt;br /&gt;&lt;br /&gt;In case Define Scope task &amp;nbsp;is a non-management activity i.e. resource is assigned to set the scope, then it cannot be a 'buffered task' eventually in this case, lag as buffer can only be used.&lt;br /&gt;&lt;br /&gt;Next Identify Resources - &amp;nbsp;starts upon successful completion of Define Scope (either when delay risks are resolved or when truly the Define Scope task (not as buffer task). We can also notice that it takes 4 days of hectic resource search by &amp;nbsp;HR colleague. However we give them as soon as we had Gathered Requirements from the customer/client.&lt;br /&gt;&lt;br /&gt;We shall see few more interesting things with this tiny schedule on&amp;nbsp;activity/task relation in next blog.&lt;br /&gt;&lt;br /&gt;&lt;a href="http://guruttam.com/" target="_blank"&gt;http://guruttam.com&lt;/a&gt;&lt;br /&gt;&lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8865041848089576845-5371562025427880043?l=guruttam.blogspot.com' alt='' /&gt;&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/LongLiveProjectManagement/~4/O4OpQh8Nmxs" height="1" width="1"/&gt;</description><link>http://feedproxy.google.com/~r/LongLiveProjectManagement/~3/O4OpQh8Nmxs/how-to-allocate-buffers-in-schedule-and.html</link><author>noreply@blogger.com (guruttam)</author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="http://4.bp.blogspot.com/-5EGNtv_gkgE/Tyy4E9iSm4I/AAAAAAAAAEs/ctN1ziFNXv4/s72-c/GuruttamBufferAndTaskRelations.jpg" height="72" width="72" /><thr:total>0</thr:total><feedburner:origLink>http://guruttam.blogspot.com/2012/02/how-to-allocate-buffers-in-schedule-and.html</feedburner:origLink></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-8865041848089576845.post-4931106289332433198</guid><pubDate>Mon, 20 Jun 2011 11:01:00 +0000</pubDate><atom:updated>2011-06-20T04:02:49.038-07:00</atom:updated><category domain="http://www.blogger.com/atom/ns#">CPM</category><category domain="http://www.blogger.com/atom/ns#">Project Schedule</category><category domain="http://www.blogger.com/atom/ns#">Float</category><category domain="http://www.blogger.com/atom/ns#">Slack</category><title>Guruttam PMP Mock Question Series - 17</title><description>&lt;div dir="ltr" style="text-align: left;" trbidi="on"&gt;&lt;br /&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;a href="http://guruttam.com/"&gt;http://guruttam.com&lt;/a&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;We shall explain today&amp;nbsp;&lt;a href="http://guruttam.blogspot.com/2011/06/guruttam-pmp-mock-question-series-16.html"&gt;&lt;span style="color: #b45f06;"&gt;Guruttam PMP Mock Question Series - 16&lt;/span&gt;&lt;/a&gt;&amp;nbsp;answers and move on to next question in series.&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span style="color: #6aa84f;"&gt;&lt;b&gt;Answer:&lt;/b&gt;&lt;/span&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;Option 4) is the odd choice that should be ignored, because,&amp;nbsp;rest of them are control measure place in project life cycle which qualify for project governance (controls).&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span style="color: blue;"&gt;Q17) (Level - Middle)&lt;/span&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;&lt;/span&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;&lt;/span&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;&lt;/span&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;&lt;span class="Apple-style-span" style="font-family: Arial, sans-serif; font-size: 13px; line-height: 22px;"&gt;You have developed a network path schedule diagram. You see that there are 3 paths with n,n-1,n+1 activities in them. Path 1 is non-critical with 13 days, Path 2 is critical with 18 days, Path 3 is non-critical with 14 days. What is total float for activity A of path 1.&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;&lt;span class="Apple-style-span" style="font-family: Arial, sans-serif; font-size: 13px; line-height: 22px;"&gt;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-size: 13px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;1) &amp;nbsp;3&lt;/span&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-size: 13px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;2) &amp;nbsp;4&lt;/span&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-size: 13px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;3) &amp;nbsp;5&lt;/span&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-size: 13px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;4) &amp;nbsp;6&amp;nbsp;&lt;/span&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;Please feel free to answer or check our next post for answers.&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;a href="http://guruttam.com/"&gt;http://guruttam.com&lt;/a&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8865041848089576845-4931106289332433198?l=guruttam.blogspot.com' alt='' /&gt;&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/LongLiveProjectManagement/~4/4v_u_5sX0xM" height="1" width="1"/&gt;</description><link>http://feedproxy.google.com/~r/LongLiveProjectManagement/~3/4v_u_5sX0xM/guruttam-pmp-mock-question-series-17.html</link><author>noreply@blogger.com (guruttam)</author><thr:total>0</thr:total><feedburner:origLink>http://guruttam.blogspot.com/2011/06/guruttam-pmp-mock-question-series-17.html</feedburner:origLink></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-8865041848089576845.post-6439456663515524903</guid><pubDate>Mon, 20 Jun 2011 09:44:00 +0000</pubDate><atom:updated>2011-06-20T03:53:55.833-07:00</atom:updated><category domain="http://www.blogger.com/atom/ns#">Good practice to employ project estimate</category><category domain="http://www.blogger.com/atom/ns#">Project Governance</category><title>Guruttam PMP Mock Question Series - 16</title><description>&lt;div dir="ltr" style="text-align: left;" trbidi="on"&gt;&lt;a href="http://guruttam.com/"&gt;http://guruttam.com&lt;/a&gt;&lt;br /&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;We shall explain today&amp;nbsp;&lt;a href="http://guruttam.blogspot.com/2011/05/guruttam-pmp-mock-question-series-15.html"&gt;&lt;span style="color: #b45f06;"&gt;Guruttam PMP Mock Question Series - 15&lt;/span&gt;&lt;/a&gt;&amp;nbsp;answers and move on to next question in series.&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span style="color: #6aa84f;"&gt;&lt;b&gt;Answer:&lt;/b&gt;&lt;/span&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;Option 1) is the right choice. because,&amp;nbsp;the related work packages within the plan activity must have work scope dependency.&amp;nbsp;&amp;nbsp;Another example occurs in software design. The manager apportions computer costs to the design/coding effort.&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span style="color: blue;"&gt;Q16) (Level - Basic)&lt;/span&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;&lt;/span&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;&lt;/span&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;&lt;/span&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;&lt;span class="Apple-style-span" style="font-family: Arial, sans-serif; font-size: 13px; line-height: 22px;"&gt;Examples of project governance are except&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;&lt;span class="Apple-style-span" style="font-family: Arial, sans-serif; font-size: 13px; line-height: 22px;"&gt;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-size: 13px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;1) risks audits&lt;/span&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-size: 13px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;2) phase or stages&lt;/span&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-size: 13px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;3) document reviews&lt;/span&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-size: 13px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;4) work information collection&amp;nbsp;&lt;/span&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;Please feel free to answer or check our next post for answers.&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;a href="http://guruttam.com/"&gt;http://guruttam.com&lt;/a&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8865041848089576845-6439456663515524903?l=guruttam.blogspot.com' alt='' /&gt;&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/LongLiveProjectManagement/~4/8wf9dMWztoU" height="1" width="1"/&gt;</description><link>http://feedproxy.google.com/~r/LongLiveProjectManagement/~3/8wf9dMWztoU/guruttam-pmp-mock-question-series-16.html</link><author>noreply@blogger.com (guruttam)</author><thr:total>0</thr:total><feedburner:origLink>http://guruttam.blogspot.com/2011/06/guruttam-pmp-mock-question-series-16.html</feedburner:origLink></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-8865041848089576845.post-1856322201782561313</guid><pubDate>Tue, 03 May 2011 03:48:00 +0000</pubDate><atom:updated>2011-05-02T20:48:56.594-07:00</atom:updated><category domain="http://www.blogger.com/atom/ns#">resource leveling</category><category domain="http://www.blogger.com/atom/ns#">effort</category><category domain="http://www.blogger.com/atom/ns#">time management</category><category domain="http://www.blogger.com/atom/ns#">Control Account</category><title>Guruttam PMP Mock Question Series - 15</title><description>&lt;div dir="ltr" style="text-align: left;" trbidi="on"&gt;&lt;br /&gt;&lt;br /&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;a href="http://guruttam.com/"&gt;http://guruttam.com&lt;/a&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;We shall explain today&amp;nbsp;&lt;a href="http://guruttam.blogspot.com/2011/03/guruttam-pmp-mock-question-series-14.html"&gt;&lt;span style="color: #b45f06;"&gt;Guruttam PMP Mock Question Series - 14&lt;/span&gt;&lt;/a&gt;&amp;nbsp;answers and move on to next question in series.&lt;/div&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span style="color: #6aa84f;"&gt;&lt;b&gt;Answer:&lt;/b&gt;&lt;/span&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;Option 3) is NOT true. Management reserves are not part of project cost control.&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;Other options are responsibilities of a control account manager who can exercise. Control account manager keeps tab on project spending. Project manager can himself be a control account manager if he is in a strong or projectized organization structure or as per organization policy.&lt;/div&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span style="color: blue;"&gt;Q14) (Level - Basic)&lt;/span&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;&lt;/span&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;&lt;/span&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;&lt;/span&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;&lt;span class="Apple-style-span" style="font-family: Arial, sans-serif; font-size: 13px; line-height: 22px;"&gt;In a discussion meeting to estimate effort, the member of finance team wanted to budget for quality and documentation team effort for the project. When he asked, they replied to him saying it is subject to the engineering team deliverable work effort. What kind of effort allocation it is usually called as&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;&lt;span class="Apple-style-span" style="font-family: Arial, sans-serif; font-size: 13px; line-height: 22px;"&gt;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;&lt;div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-size: 13px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;1) apportioned effort&lt;/span&gt;&lt;/div&gt;&lt;div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-size: 13px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;2) discrete effort&lt;/span&gt;&lt;/div&gt;&lt;div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-size: 13px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;3) level of effort&lt;/span&gt;&lt;/div&gt;&lt;div style="background-attachment: initial; background-clip: initial; background-color: transparent; background-image: initial; background-origin: initial; border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-size: 13px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; outline-color: initial; outline-style: initial; outline-width: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;4) subjective effort&amp;nbsp;&lt;/span&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;Please feel free to answer or check our next post for answers.&lt;/div&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;a href="http://guruttam.com/"&gt;http://guruttam.com&lt;/a&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8865041848089576845-1856322201782561313?l=guruttam.blogspot.com' alt='' /&gt;&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/LongLiveProjectManagement/~4/B9RNMaB5l7c" height="1" width="1"/&gt;</description><link>http://feedproxy.google.com/~r/LongLiveProjectManagement/~3/B9RNMaB5l7c/guruttam-pmp-mock-question-series-15.html</link><author>noreply@blogger.com (guruttam)</author><thr:total>0</thr:total><feedburner:origLink>http://guruttam.blogspot.com/2011/05/guruttam-pmp-mock-question-series-15.html</feedburner:origLink></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-8865041848089576845.post-2952012406646278087</guid><pubDate>Thu, 14 Apr 2011 15:18:00 +0000</pubDate><atom:updated>2011-04-14T08:18:22.278-07:00</atom:updated><category domain="http://www.blogger.com/atom/ns#">WBS</category><category domain="http://www.blogger.com/atom/ns#">Control Account Plan</category><category domain="http://www.blogger.com/atom/ns#">Control Account</category><title>Guruttam PMP Mock Question Series - 14</title><description>&lt;div dir="ltr" style="text-align: left;" trbidi="on"&gt;&lt;br /&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;a href="http://guruttam.com/"&gt;http://guruttam.com&lt;/a&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;We shall explain today&amp;nbsp;&lt;a href="http://guruttam.blogspot.com/2011/03/guruttam-pmp-mock-question-series-13.html"&gt;&lt;span style="color: #b45f06;"&gt;Guruttam PMP Mock Question Series - 13&lt;/span&gt;&lt;/a&gt;&amp;nbsp;answers and move on to next question in series.&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span style="color: #6aa84f;"&gt;&lt;b&gt;Answer:&lt;/b&gt;&lt;/span&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;Correct answer is 1)&amp;nbsp;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;EV = 40% x 1000 = 400&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;AC = 700 &amp;nbsp;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;PV = 500 &amp;nbsp;(as 5 days is 50% of budget planned, that is before planned days)&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;CV = 400 - 700 = -300, SV = 400 - 500 = -100&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;Had WP1 duration was also 5 days, then one End-Of-Week (Data date) reporting&amp;nbsp;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;can directly take in PV as 1000 unlike 50% of 1000 as a case for 10 days.&amp;nbsp;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span style="color: blue;"&gt;Q14) (Level - Basic)&lt;/span&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;&lt;/span&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;&lt;/span&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;&lt;/span&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;What is NOT true about Control account manager&lt;/span&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;1) Governs control account levels&amp;nbsp;&lt;/span&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;2) Control account manager takes Work package and Planning package&lt;/span&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;3) Control account manager include management reserves in control account plan&lt;/span&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;e) Control account manager can set Baselines for procurements&lt;/span&gt;&lt;/div&gt;&lt;br /&gt;&lt;br /&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;Please feel free to answer or check our next post for answers.&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;a href="http://guruttam.com/"&gt;http://guruttam.com&lt;/a&gt;&lt;/div&gt;&lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8865041848089576845-2952012406646278087?l=guruttam.blogspot.com' alt='' /&gt;&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/LongLiveProjectManagement/~4/gPxLb__4SCM" height="1" width="1"/&gt;</description><link>http://feedproxy.google.com/~r/LongLiveProjectManagement/~3/gPxLb__4SCM/guruttam-pmp-mock-question-series-14.html</link><author>noreply@blogger.com (guruttam)</author><thr:total>0</thr:total><feedburner:origLink>http://guruttam.blogspot.com/2011/04/guruttam-pmp-mock-question-series-14.html</feedburner:origLink></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-8865041848089576845.post-1314708457882418574</guid><pubDate>Thu, 14 Apr 2011 15:18:00 +0000</pubDate><atom:updated>2011-04-14T08:18:06.718-07:00</atom:updated><category domain="http://www.blogger.com/atom/ns#">Variance Analysis</category><category domain="http://www.blogger.com/atom/ns#">BAC</category><category domain="http://www.blogger.com/atom/ns#">SV</category><category domain="http://www.blogger.com/atom/ns#">EVM</category><category domain="http://www.blogger.com/atom/ns#">PMB</category><category domain="http://www.blogger.com/atom/ns#">Work Budgeting</category><category domain="http://www.blogger.com/atom/ns#">CV</category><title>Guruttam PMP Mock Question Series - 13</title><description>&lt;div dir="ltr" style="text-align: left;" trbidi="on"&gt;&lt;br /&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;a href="http://guruttam.com/"&gt;http://guruttam.com&lt;/a&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;We shall explain today&amp;nbsp;&lt;a href="http://guruttam.blogspot.com/2011/03/guruttam-pmp-mock-question-series-12.html"&gt;&lt;span style="color: #b45f06;"&gt;Guruttam PMP Mock Question Series - 12&lt;/span&gt;&lt;/a&gt;&amp;nbsp;answers and move on to next question in series.&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span style="color: #6aa84f;"&gt;&lt;b&gt;Answer:&lt;/b&gt;&lt;/span&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;Correct answer is 4)&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;As per longest duration 4 (a2)+ 4 (a3) + 1 (a4) = 9 days&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;Select Most likely (4 days) for Critical activity from PERT average estimate.&amp;nbsp;&amp;nbsp;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span style="color: blue;"&gt;Q13) (Level - High)&lt;/span&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;&lt;/span&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;&lt;/span&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;Assume Workpackage are denoted as WP, Planned Value as PV for scope to be achieved.&amp;nbsp;&lt;/span&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;PV of WP1 = &amp;nbsp;1000 duration is 10 days (2 weeks)&lt;/span&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;PV of WP2 = &amp;nbsp; 500 duration is &amp;nbsp;5 days (1 week) starting after WP1&lt;/span&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;On End-Of-Week report, WP1 work completion is 40%&lt;/span&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;Assume also Actual Cost (AC) incurred is 700&lt;/span&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;Select correct pair of EV, Cost Variance(CV), Schedule Variance(SV)&lt;/span&gt;&lt;/div&gt;&lt;br /&gt;&lt;br /&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span style="color: blue;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;&lt;/span&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;&lt;/span&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;1) 400, -300, -100&lt;/span&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;2) 400, -600, -100&lt;/span&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;3) 400, -100, -300&lt;/span&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;4) 400, -100, -600&lt;/span&gt;&lt;/div&gt;&lt;br /&gt;&lt;br /&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;Please feel free to answer or check our next post for answers.&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;a href="http://guruttam.com/"&gt;http://guruttam.com&lt;/a&gt;&lt;/div&gt;&lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8865041848089576845-1314708457882418574?l=guruttam.blogspot.com' alt='' /&gt;&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/LongLiveProjectManagement/~4/sYynQjdBcYw" height="1" width="1"/&gt;</description><link>http://feedproxy.google.com/~r/LongLiveProjectManagement/~3/sYynQjdBcYw/guruttam-pmp-mock-question-series-13.html</link><author>noreply@blogger.com (guruttam)</author><thr:total>0</thr:total><feedburner:origLink>http://guruttam.blogspot.com/2011/04/guruttam-pmp-mock-question-series-13.html</feedburner:origLink></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-8865041848089576845.post-1033589045471003700</guid><pubDate>Thu, 14 Apr 2011 15:17:00 +0000</pubDate><atom:updated>2011-04-14T08:17:46.167-07:00</atom:updated><category domain="http://www.blogger.com/atom/ns#">CPM</category><category domain="http://www.blogger.com/atom/ns#">PERT</category><category domain="http://www.blogger.com/atom/ns#">Project Time Management</category><category domain="http://www.blogger.com/atom/ns#">critical path</category><title>Guruttam PMP Mock Question Series - 12</title><description>&lt;div dir="ltr" style="text-align: left;" trbidi="on"&gt;&lt;br /&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;a href="http://guruttam.com/"&gt;http://guruttam.com&lt;/a&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;We shall explain today&amp;nbsp;&lt;a href="http://guruttam.blogspot.com/2011/03/guruttam-pmp-mock-question-series-11.html"&gt;&lt;span style="color: #b45f06;"&gt;Guruttam PMP Mock Question Series - 11&lt;/span&gt;&lt;/a&gt;&amp;nbsp;answers and move on to next question in series.&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span style="color: #6aa84f;"&gt;&lt;b&gt;Answer:&lt;/b&gt;&lt;/span&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;Correct answer is 3. Confronting, Forcing is false because, you do not want to do it. Smoothing is also false because, you customer is not facing any issues.&amp;nbsp;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span style="color: blue;"&gt;Q12) (Level - Medium)&lt;/span&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;&lt;/span&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;In a schedule of activity a1, a2, a3 and a4, activity a3 can start only after a1 and a2 is complete.&lt;/span&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;a1 duration is 2 days, a2 is 4 days and a4 is 1 day. However you were informed that a3 is very abstract.&lt;/span&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;Hence, you opted to ask Pessimistic, Most Likely, Optimistic days for completion of activity a3. You got a response as 10 days(Pessimistic), 4 days(Most Likely), 2 days(Optimistic) respectively for a3. What is the duration of the project when a3,a4 is also critical activities.&lt;/span&gt;&lt;/div&gt;&lt;br /&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span style="color: blue;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;&lt;/span&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;1) 7.8&lt;/span&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;2) 9.8&lt;/span&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;3) 7&lt;/span&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;span class="Apple-style-span" style="color: blue;"&gt;4) 9&lt;/span&gt;&lt;/div&gt;&lt;br /&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;Please feel free to answer or check our next post for answers.&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"&gt;&lt;a href="http://guruttam.com/"&gt;http://guruttam.com&lt;/a&gt;&lt;/div&gt;&lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8865041848089576845-1033589045471003700?l=guruttam.blogspot.com' alt='' /&gt;&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/LongLiveProjectManagement/~4/LqYGe0QKDE0" height="1" width="1"/&gt;</description><link>http://feedproxy.google.com/~r/LongLiveProjectManagement/~3/LqYGe0QKDE0/guruttam-pmp-mock-question-series-12.html</link><author>noreply@blogger.com (guruttam)</author><thr:total>0</thr:total><feedburner:origLink>http://guruttam.blogspot.com/2011/04/guruttam-pmp-mock-question-series-12.html</feedburner:origLink></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-8865041848089576845.post-4107666602884288493</guid><pubDate>Thu, 31 Mar 2011 16:05:00 +0000</pubDate><atom:updated>2011-03-31T09:11:02.091-07:00</atom:updated><category domain="http://www.blogger.com/atom/ns#">Project HR management</category><category domain="http://www.blogger.com/atom/ns#">Kick Off Meeting</category><category domain="http://www.blogger.com/atom/ns#">Conflct Resolutions</category><category domain="http://www.blogger.com/atom/ns#">free online pmp®mock exam</category><category domain="http://www.blogger.com/atom/ns#">Communication</category><title>Guruttam PMP Mock Question Series - 11</title><description>&lt;div dir="ltr" style="text-align: left;" trbidi="on"&gt;&lt;a href="http://guruttam.com/"&gt;http://guruttam.com&lt;/a&gt;&lt;br /&gt;&lt;br /&gt;We shall explain today &lt;a href="http://guruttam.blogspot.com/2011/03/guruttam-pmp-mock-question-series-10.html"&gt;&lt;span style="color: #b45f06;"&gt;Guruttam PMP Mock Question Series - 10&lt;/span&gt;&lt;/a&gt; answers and move on to next question in series.&lt;br /&gt;&lt;br /&gt;&lt;span style="color: #6aa84f;"&gt;&lt;b&gt;Answer:&lt;/b&gt;&lt;/span&gt;&lt;br /&gt;Correct answer is 2 (Project kick-off meeting), rest are false. Project Charter meeting usually is during project start. Team meeting happens during executing project work.&lt;br /&gt;&lt;br /&gt;&lt;span style="color: blue;"&gt;Q11) (Level - Medium)&lt;/span&gt;&lt;br /&gt;&lt;span style="color: blue;"&gt;As a project manager, you face a difficult customer at your work. This customer does not give any room to listen to your technical suggestion that you think may be a wining-tool or a relationship-building exercise. You are also cautious not to project yourself as a 'ready-for-fight-folk'. What sort of customer conflict resolution will you choose&lt;/span&gt;&lt;br /&gt;&lt;span style="color: blue;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;&lt;span style="color: blue;"&gt;1.Confronting&lt;/span&gt;&lt;br /&gt;&lt;span style="color: blue;"&gt;2.Forcing&lt;/span&gt;&lt;br /&gt;&lt;span style="color: blue;"&gt;3.Compromising&lt;/span&gt;&lt;br /&gt;&lt;span style="color: blue;"&gt;4.Smoothing&lt;/span&gt;&lt;br /&gt;&lt;br /&gt;Please feel free to answer or check our next post for answers.&lt;br /&gt;&lt;br /&gt;&lt;a href="http://guruttam.com/"&gt;http://guruttam.com&lt;/a&gt;&lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8865041848089576845-4107666602884288493?l=guruttam.blogspot.com' alt='' /&gt;&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/LongLiveProjectManagement/~4/QnzKcFEahjo" height="1" width="1"/&gt;</description><link>http://feedproxy.google.com/~r/LongLiveProjectManagement/~3/QnzKcFEahjo/guruttam-pmp-mock-question-series-11.html</link><author>noreply@blogger.com (guruttam)</author><thr:total>0</thr:total><feedburner:origLink>http://guruttam.blogspot.com/2011/03/guruttam-pmp-mock-question-series-11.html</feedburner:origLink></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-8865041848089576845.post-2408760939230337200</guid><pubDate>Tue, 01 Mar 2011 12:12:00 +0000</pubDate><atom:updated>2011-03-01T04:19:52.558-08:00</atom:updated><category domain="http://www.blogger.com/atom/ns#">Project Manager Role</category><category domain="http://www.blogger.com/atom/ns#">Budget Forecast</category><category domain="http://www.blogger.com/atom/ns#">Project management General Practices</category><category domain="http://www.blogger.com/atom/ns#">EAC</category><category domain="http://www.blogger.com/atom/ns#">Cost Reestiamte</category><category domain="http://www.blogger.com/atom/ns#">EVM</category><category domain="http://www.blogger.com/atom/ns#">Project Planning</category><category domain="http://www.blogger.com/atom/ns#">Project charter</category><title>Guruttam PMP Mock Question Series - 10</title><description>&lt;div dir="ltr" style="text-align: left;" trbidi="on"&gt;&lt;a href="http://guruttam.com/"&gt;http://guruttam.com&lt;/a&gt;&lt;br /&gt;&lt;br /&gt;We shall explain today &lt;a href="http://guruttam.blogspot.com/2011/02/guruttam-pmp-mock-question-series-9.html"&gt;&lt;span style="color: #e69138;"&gt;Guruttam PMP Mock Question Series - 9&lt;/span&gt;&lt;/a&gt; answers and move on to next question in series.&lt;br /&gt;&lt;br /&gt;Answer:&lt;br /&gt;Correct answer is 1, others are false&lt;br /&gt;EAC = BAC / CPI = BAC / (EV/AC) = 57900 / (340/360 ) = ~ 61305&lt;br /&gt;&lt;br /&gt;&lt;span style="font-size: small;"&gt;&lt;span style="font-family: inherit;"&gt;&lt;span style="color: blue;"&gt;Q10) (Level - Basic)&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;br /&gt;&lt;span style="color: black; font-family: &amp;quot;Calibri&amp;quot;;"&gt;&lt;span style="font-size: small;"&gt;&lt;span style="font-family: &amp;quot;Times&amp;quot;, &amp;quot;Times New Roman&amp;quot;, serif;"&gt;&lt;span style="color: blue;"&gt;When you announce to start a project as project&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span style="color: black; font-family: &amp;quot;Calibri&amp;quot;; vertical-align: baseline;"&gt;&lt;span style="font-size: small;"&gt;&lt;span style="font-family: &amp;quot;Times&amp;quot;, &amp;quot;Times New Roman&amp;quot;, serif;"&gt;&lt;span style="color: blue;"&gt; manager you would &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span style="color: black; font-family: &amp;quot;Calibri&amp;quot;; vertical-align: baseline;"&gt;&lt;span style="font-size: small;"&gt;&lt;span style="font-family: &amp;quot;Times&amp;quot;, &amp;quot;Times New Roman&amp;quot;, serif;"&gt;&lt;span style="color: blue;"&gt;conduct &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span style="color: black; font-family: &amp;quot;Calibri&amp;quot;; vertical-align: baseline;"&gt;&lt;span style="font-size: small;"&gt;&lt;span style="font-family: &amp;quot;Times&amp;quot;, &amp;quot;Times New Roman&amp;quot;, serif;"&gt;&lt;span style="color: blue;"&gt;one of the following meeting&amp;nbsp;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;br /&gt;&lt;div style="direction: ltr; language: en-IN; margin-bottom: 0pt; margin-left: 0in; margin-top: 0pt; mso-line-break-override: none; punctuation-wrap: hanging; text-align: left; unicode-bidi: embed; word-break: normal;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style="direction: ltr; language: en-IN; margin-bottom: 0pt; margin-left: 0in; margin-top: 0pt; mso-line-break-override: none; punctuation-wrap: hanging; text-align: left; unicode-bidi: embed; word-break: normal;"&gt;&lt;span style="font-size: small;"&gt;&lt;span style="font-family: &amp;quot;Times&amp;quot;, &amp;quot;Times New Roman&amp;quot;, serif;"&gt;&lt;span style="color: blue;"&gt;1.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span style="color: black; font-family: &amp;quot;Calibri&amp;quot;; vertical-align: baseline;"&gt;&lt;span style="font-size: small;"&gt;&lt;span style="font-family: &amp;quot;Times&amp;quot;, &amp;quot;Times New Roman&amp;quot;, serif;"&gt;&lt;span style="color: blue;"&gt;Project charter meeting&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;&lt;span style="font-size: small;"&gt;&lt;span style="font-family: &amp;quot;Times&amp;quot;, &amp;quot;Times New Roman&amp;quot;, serif;"&gt;&lt;span style="color: blue;"&gt;  &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;br /&gt;&lt;div style="direction: ltr; language: en-IN; margin-bottom: 0pt; margin-left: .25in; margin-top: 0pt; mso-line-break-override: none; punctuation-wrap: hanging; text-align: left; text-indent: -.25in; unicode-bidi: embed; word-break: normal;"&gt;&lt;span style="font-size: small;"&gt;&lt;span style="font-family: &amp;quot;Times&amp;quot;, &amp;quot;Times New Roman&amp;quot;, serif;"&gt;&lt;span style="color: blue;"&gt;2.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span style="color: black; font-family: &amp;quot;Calibri&amp;quot;; vertical-align: baseline;"&gt;&lt;span style="font-size: small;"&gt;&lt;span style="font-family: &amp;quot;Times&amp;quot;, &amp;quot;Times New Roman&amp;quot;, serif;"&gt;&lt;span style="color: blue;"&gt;Project kick-off meeting&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;&lt;span style="font-size: small;"&gt;&lt;span style="font-family: &amp;quot;Times&amp;quot;, &amp;quot;Times New Roman&amp;quot;, serif;"&gt;&lt;span style="color: blue;"&gt;  &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;br /&gt;&lt;div style="direction: ltr; language: en-IN; margin-bottom: 0pt; margin-left: .25in; margin-top: 0pt; mso-line-break-override: none; punctuation-wrap: hanging; text-align: left; text-indent: -.25in; unicode-bidi: embed; word-break: normal;"&gt;&lt;span style="font-size: small;"&gt;&lt;span style="font-family: &amp;quot;Times&amp;quot;, &amp;quot;Times New Roman&amp;quot;, serif;"&gt;&lt;span style="color: blue;"&gt;3.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span style="color: black; font-family: &amp;quot;Calibri&amp;quot;; vertical-align: baseline;"&gt;&lt;span style="font-size: small;"&gt;&lt;span style="font-family: &amp;quot;Times&amp;quot;, &amp;quot;Times New Roman&amp;quot;, serif;"&gt;&lt;span style="color: blue;"&gt;Team member meeting&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;&lt;span style="font-size: small;"&gt;&lt;span style="font-family: &amp;quot;Times&amp;quot;, &amp;quot;Times New Roman&amp;quot;, serif;"&gt;&lt;span style="color: blue;"&gt;  &lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;br /&gt;&lt;div style="direction: ltr; language: en-IN; margin-bottom: 0pt; margin-left: .25in; margin-top: 0pt; mso-line-break-override: none; punctuation-wrap: hanging; text-align: left; text-indent: -.25in; unicode-bidi: embed; word-break: normal;"&gt;&lt;span style="font-size: small;"&gt;&lt;span style="font-family: &amp;quot;Times&amp;quot;, &amp;quot;Times New Roman&amp;quot;, serif;"&gt;&lt;span style="color: blue;"&gt;4.&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;span style="color: black; font-family: &amp;quot;Calibri&amp;quot;; vertical-align: baseline;"&gt;&lt;span style="font-size: small;"&gt;&lt;span style="font-family: &amp;quot;Times&amp;quot;, &amp;quot;Times New Roman&amp;quot;, serif;"&gt;&lt;span style="color: blue;"&gt;Feasibility study meeting&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;&lt;br /&gt;Please feel free to answer or check our next post for answers.&lt;br /&gt;&lt;br /&gt;&lt;a href="http://guruttam.com/"&gt;http://guruttam.com&lt;/a&gt;&lt;br /&gt;&lt;br /&gt;&lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8865041848089576845-2408760939230337200?l=guruttam.blogspot.com' alt='' /&gt;&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/LongLiveProjectManagement/~4/SE_5VaUC-UI" height="1" width="1"/&gt;</description><link>http://feedproxy.google.com/~r/LongLiveProjectManagement/~3/SE_5VaUC-UI/guruttam-pmp-mock-question-series-10.html</link><author>noreply@blogger.com (guruttam)</author><thr:total>0</thr:total><feedburner:origLink>http://guruttam.blogspot.com/2011/03/guruttam-pmp-mock-question-series-10.html</feedburner:origLink></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-8865041848089576845.post-6975019394439909685</guid><pubDate>Thu, 24 Feb 2011 03:55:00 +0000</pubDate><atom:updated>2011-02-23T19:55:06.801-08:00</atom:updated><category domain="http://www.blogger.com/atom/ns#">Variance Analysis</category><category domain="http://www.blogger.com/atom/ns#">Budget Forecast</category><category domain="http://www.blogger.com/atom/ns#">BCWS</category><category domain="http://www.blogger.com/atom/ns#">AC</category><category domain="http://www.blogger.com/atom/ns#">BAC</category><category domain="http://www.blogger.com/atom/ns#">PV</category><category domain="http://www.blogger.com/atom/ns#">EVM</category><category domain="http://www.blogger.com/atom/ns#">EV</category><category domain="http://www.blogger.com/atom/ns#">TCPI</category><category domain="http://www.blogger.com/atom/ns#">ACWP</category><category domain="http://www.blogger.com/atom/ns#">BCWP</category><title>Guruttam PMP Mock Question Series - 9</title><description>&lt;div dir="ltr" style="text-align: left;" trbidi="on"&gt;&lt;a href="http://guruttam.com/"&gt;http://guruttam.com&lt;/a&gt;&lt;br /&gt;&lt;br /&gt;We shall explain today &lt;a href="http://guruttam.blogspot.com/2011/02/guruttam-pmp-mock-question-series-8.html"&gt;&lt;span style="color: #e69138;"&gt;Guruttam PMP Mock Question Series - 8&lt;/span&gt;&lt;/a&gt; answers and move on to next question in series.&lt;br /&gt;&lt;br /&gt;Answer: &lt;br /&gt;Choice 1 is correct. VAC = planned completion - estimate at completion (forecasted completion)&lt;br /&gt;which is VAC = BAC - EAC&lt;br /&gt;Choice 2 is forecast at completion not variance at completion&lt;br /&gt;Choice 3 is To complete performance index.&lt;br /&gt;Choice 4 is just a cost variance as on date not variance on completion&lt;br /&gt;&lt;br /&gt;.&lt;br /&gt;&lt;div class="separator" style="clear: both; text-align: center;"&gt;&lt;a href="http://1.bp.blogspot.com/-i5TuDjygXH8/TS3lg-_diUI/AAAAAAAAADw/q4QXFUKMkeM/s1600/Quest.png" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"&gt;&lt;img border="0" src="http://1.bp.blogspot.com/-i5TuDjygXH8/TS3lg-_diUI/AAAAAAAAADw/q4QXFUKMkeM/s1600/Quest.png" /&gt;&lt;/a&gt;&lt;/div&gt;&lt;br /&gt;&lt;br /&gt;&lt;span style="color: blue;"&gt;Q9)&lt;/span&gt;&lt;br /&gt;&lt;span style="color: blue;"&gt;If BCWP (EV) is 340, and ACWP (AC) is 360 and if BAC = 57900 what is Estimate at Completion (Forecasted Completion)&lt;/span&gt;&lt;br /&gt;&lt;span style="color: blue;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;&lt;span style="color: blue;"&gt;1. 61305&lt;/span&gt;&lt;br /&gt;&lt;span style="color: blue;"&gt;2. 54495 &lt;/span&gt;&lt;br /&gt;&lt;span style="color: blue;"&gt;3. 64710&amp;nbsp; &lt;/span&gt;&lt;br /&gt;&lt;span style="color: blue;"&gt;4. 57900&lt;/span&gt; &lt;br /&gt;&lt;br /&gt;Note: BAC - Budget At Completion, EAC - Estimate at completion, CPI - Cost Performance Index, EV - Earned Value, AC - Actual Cost.&lt;br /&gt;&lt;br /&gt;Please feel free to answer or check our next post for answers.&lt;br /&gt;&lt;br /&gt;&lt;a href="http://guruttam.com/"&gt;http://guruttam.com&lt;/a&gt;&lt;br /&gt;&lt;br /&gt;&lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8865041848089576845-6975019394439909685?l=guruttam.blogspot.com' alt='' /&gt;&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/LongLiveProjectManagement/~4/OrCAh9q4mB8" height="1" width="1"/&gt;</description><link>http://feedproxy.google.com/~r/LongLiveProjectManagement/~3/OrCAh9q4mB8/guruttam-pmp-mock-question-series-9.html</link><author>noreply@blogger.com (guruttam)</author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="http://1.bp.blogspot.com/-i5TuDjygXH8/TS3lg-_diUI/AAAAAAAAADw/q4QXFUKMkeM/s72-c/Quest.png" height="72" width="72" /><thr:total>0</thr:total><feedburner:origLink>http://guruttam.blogspot.com/2011/02/guruttam-pmp-mock-question-series-9.html</feedburner:origLink></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-8865041848089576845.post-739204985807087272</guid><pubDate>Wed, 23 Feb 2011 04:58:00 +0000</pubDate><atom:updated>2011-02-23T19:54:14.101-08:00</atom:updated><category domain="http://www.blogger.com/atom/ns#">AC</category><category domain="http://www.blogger.com/atom/ns#">EAC</category><category domain="http://www.blogger.com/atom/ns#">BAC</category><category domain="http://www.blogger.com/atom/ns#">PV</category><category domain="http://www.blogger.com/atom/ns#">Integrated Scope Cost Schedule Analysis</category><category domain="http://www.blogger.com/atom/ns#">EVM</category><category domain="http://www.blogger.com/atom/ns#">EV</category><category domain="http://www.blogger.com/atom/ns#">Earned Value</category><category domain="http://www.blogger.com/atom/ns#">TCPI</category><category domain="http://www.blogger.com/atom/ns#">PMB</category><title>Guruttam PMP Mock Question Series - 8</title><description>&lt;div dir="ltr" style="text-align: left;" trbidi="on"&gt;&lt;br /&gt;&lt;a href="http://guruttam.com/"&gt;http://guruttam.com&lt;/a&gt;&lt;br /&gt;&lt;br /&gt;We shall explain today &lt;a href="http://guruttam.blogspot.com/2011/02/guruttam-pmp-mock-question-series-7.html"&gt;Guruttam PMP Mock Question Series - 7&lt;/a&gt; answers and move on to next question in series.&lt;br /&gt;&lt;br /&gt;Answer: &lt;br /&gt;Choice 3 is odd man and correct answer, Technical knowledge is not an authority for project but an advantage.&lt;br /&gt;Choice 1,2,4 are formal authority (resource that can be applied) a Project manager can employ for conducting project activities.&lt;br /&gt;&lt;div class="separator" style="clear: both; text-align: center;"&gt;&lt;a href="http://1.bp.blogspot.com/-i5TuDjygXH8/TS3lg-_diUI/AAAAAAAAADw/q4QXFUKMkeM/s1600/Quest.png" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"&gt;&lt;img border="0" src="http://1.bp.blogspot.com/-i5TuDjygXH8/TS3lg-_diUI/AAAAAAAAADw/q4QXFUKMkeM/s1600/Quest.png" /&gt;&lt;/a&gt;&lt;/div&gt;&lt;br /&gt;&lt;br /&gt;&lt;span style="color: blue;"&gt;Q8)&lt;/span&gt;&lt;br /&gt;&lt;span style="color: blue;"&gt;How do you compute VAC (Variance at Completion) on cost for project scope of work or work packages.&lt;/span&gt;&lt;br /&gt;&lt;span style="color: blue;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;&lt;span style="color: blue;"&gt;1. BAC - EAC&lt;/span&gt;&lt;br /&gt;&lt;span style="color: blue;"&gt;2. BAC / CPI&lt;/span&gt;&lt;br /&gt;&lt;span style="color: blue;"&gt;3. BAC-EV / BAC-AC&lt;/span&gt;&lt;br /&gt;&lt;span style="color: blue;"&gt;4. EV / AC&lt;/span&gt;&lt;br /&gt;&lt;br /&gt;Note: BAC - Budget At Completion, EAC - Estimate at completion, CPI - Cost Performance Index, EV - Earned Value, AC - Actual Cost.&lt;br /&gt;&lt;br /&gt;Please feel free to answer or check our next post for answers.&lt;br /&gt;&lt;br /&gt;&lt;a href="http://guruttam.com/"&gt;http://guruttam.com&lt;/a&gt;&lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8865041848089576845-739204985807087272?l=guruttam.blogspot.com' alt='' /&gt;&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/LongLiveProjectManagement/~4/rpkdasz_vh0" height="1" width="1"/&gt;</description><link>http://feedproxy.google.com/~r/LongLiveProjectManagement/~3/rpkdasz_vh0/guruttam-pmp-mock-question-series-8.html</link><author>noreply@blogger.com (guruttam)</author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="http://1.bp.blogspot.com/-i5TuDjygXH8/TS3lg-_diUI/AAAAAAAAADw/q4QXFUKMkeM/s72-c/Quest.png" height="72" width="72" /><thr:total>0</thr:total><feedburner:origLink>http://guruttam.blogspot.com/2011/02/guruttam-pmp-mock-question-series-8.html</feedburner:origLink></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-8865041848089576845.post-6499049084019322376</guid><pubDate>Wed, 16 Feb 2011 14:53:00 +0000</pubDate><atom:updated>2011-02-16T06:53:35.231-08:00</atom:updated><category domain="http://www.blogger.com/atom/ns#">Project Management Role</category><category domain="http://www.blogger.com/atom/ns#">RBS</category><category domain="http://www.blogger.com/atom/ns#">PM Authority</category><category domain="http://www.blogger.com/atom/ns#">Matrix Organization Structure</category><title>Guruttam PMP Mock Question Series - 7</title><description>&lt;div dir="ltr" style="text-align: left;" trbidi="on"&gt;&lt;div class="separator" style="clear: both; text-align: center;"&gt;&lt;/div&gt;&lt;a href="http://guruttam.com/"&gt;http://guruttam.com&lt;/a&gt;&lt;br /&gt;&lt;br /&gt;We shall explain today &lt;a href="http://guruttam.blogspot.com/2011/02/guruttam-pmp-mock-question-series-6.html"&gt;Guruttam PMP Mock Question Series - 6&lt;/a&gt; answers and move on to next question in series.&lt;br /&gt;&lt;br /&gt;Answer: &lt;br /&gt;4 is the choice which is the odd man.  This option deals advantage of Matrix type of organization structure.&lt;br /&gt;2, 3, 4 are options are said to be disadvantages for a matrix type.&lt;br /&gt;&lt;br /&gt;&lt;div class="separator" style="clear: both; text-align: center;"&gt;&lt;a href="http://1.bp.blogspot.com/-i5TuDjygXH8/TS3lg-_diUI/AAAAAAAAADw/q4QXFUKMkeM/s1600/Quest.png" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"&gt;&lt;img border="0" src="http://1.bp.blogspot.com/-i5TuDjygXH8/TS3lg-_diUI/AAAAAAAAADw/q4QXFUKMkeM/s1600/Quest.png" /&gt;&lt;/a&gt;&lt;/div&gt;Q7)&lt;br /&gt;&lt;br /&gt;Which among the list item below is not typically a project management authority&lt;br /&gt;&lt;br /&gt;1. Corporate policies&lt;br /&gt;2. Approved project plan&lt;br /&gt;3. Technical knowledge&lt;br /&gt;4. Project charter changes&lt;br /&gt;&lt;br /&gt;Please feel free to answer or check our next post for answers.&lt;br /&gt;&lt;br /&gt;&lt;a href="http://guruttam.com/"&gt;http://guruttam.com&lt;/a&gt;&lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8865041848089576845-6499049084019322376?l=guruttam.blogspot.com' alt='' /&gt;&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/LongLiveProjectManagement/~4/svcs3qRwYaQ" height="1" width="1"/&gt;</description><link>http://feedproxy.google.com/~r/LongLiveProjectManagement/~3/svcs3qRwYaQ/guruttam-pmp-mock-question-series-7.html</link><author>noreply@blogger.com (guruttam)</author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="http://1.bp.blogspot.com/-i5TuDjygXH8/TS3lg-_diUI/AAAAAAAAADw/q4QXFUKMkeM/s72-c/Quest.png" height="72" width="72" /><thr:total>0</thr:total><feedburner:origLink>http://guruttam.blogspot.com/2011/02/guruttam-pmp-mock-question-series-7.html</feedburner:origLink></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-8865041848089576845.post-3106062526495453033</guid><pubDate>Tue, 15 Feb 2011 11:35:00 +0000</pubDate><atom:updated>2011-02-15T03:35:16.691-08:00</atom:updated><category domain="http://www.blogger.com/atom/ns#">PMP Mock questions</category><category domain="http://www.blogger.com/atom/ns#">project and phase closure</category><category domain="http://www.blogger.com/atom/ns#">Matrix Organization Structure</category><title>Guruttam PMP Mock Question Series - 6</title><description>&lt;div dir="ltr" style="text-align: left;" trbidi="on"&gt;&lt;br /&gt;&lt;a href="http://guruttam.com/"&gt;http://guruttam.com&lt;/a&gt;&lt;br /&gt;&lt;br /&gt;We shall explain today &lt;a href="http://guruttam.blogspot.com/2011/01/guruttam-pmp-mock-question-series-5.html"&gt;&lt;span style="color: #e06666;"&gt;Guruttam PMP Mock Question Series - 5&lt;/span&gt;&lt;/a&gt; answers and move on to next question in series.&lt;br /&gt;&lt;br /&gt;Answer: &lt;br /&gt;1 is the choice which is the odd man. &amp;nbsp;This option deals with project initiation process while question is about closure.&lt;br /&gt;2, 3, 4 are options can be tried during project closure activity&lt;br /&gt;&lt;div class="separator" style="clear: both; text-align: center;"&gt;&lt;a href="http://4.bp.blogspot.com/-u79kc9b2Nu4/TS3mmWmFMEI/AAAAAAAAAD0/W_sxjW0n1l4/s1600/Quest.png" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"&gt;&lt;img border="0" src="http://4.bp.blogspot.com/-u79kc9b2Nu4/TS3mmWmFMEI/AAAAAAAAAD0/W_sxjW0n1l4/s1600/Quest.png" /&gt;&lt;/a&gt;&lt;/div&gt;&lt;br /&gt;&lt;br /&gt;&lt;span style="color: blue;"&gt;Q6)&lt;/span&gt;&lt;span style="color: blue;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;span style="color: blue;"&gt;Following are disadvantages of a matrix organization setup except&lt;/span&gt;&lt;br /&gt;&lt;span style="color: blue;"&gt;1. Dual reporting&lt;/span&gt;&lt;span style="color: blue;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;span style="color: blue;"&gt;2. Continuous priority changes&lt;/span&gt;&lt;span style="color: blue;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;span style="color: blue;"&gt;3. Difficulty in monitoring and control&lt;/span&gt;&lt;span style="color: blue;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;span style="color: blue;"&gt;4. Each person can 'return home' upon project completion&lt;/span&gt;&lt;br /&gt;&lt;br /&gt;Please feel free to answer or check our next post for answers.&lt;br /&gt;&lt;br /&gt;&lt;a href="http://guruttam.com/"&gt;http://guruttam.com&lt;/a&gt;&lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8865041848089576845-3106062526495453033?l=guruttam.blogspot.com' alt='' /&gt;&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/LongLiveProjectManagement/~4/h06jTrdTOwc" height="1" width="1"/&gt;</description><link>http://feedproxy.google.com/~r/LongLiveProjectManagement/~3/h06jTrdTOwc/guruttam-pmp-mock-question-series-6.html</link><author>noreply@blogger.com (guruttam)</author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="http://4.bp.blogspot.com/-u79kc9b2Nu4/TS3mmWmFMEI/AAAAAAAAAD0/W_sxjW0n1l4/s72-c/Quest.png" height="72" width="72" /><thr:total>0</thr:total><feedburner:origLink>http://guruttam.blogspot.com/2011/02/guruttam-pmp-mock-question-series-6.html</feedburner:origLink></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-8865041848089576845.post-5116921716840979698</guid><pubDate>Mon, 31 Jan 2011 15:17:00 +0000</pubDate><atom:updated>2011-01-31T07:17:59.284-08:00</atom:updated><category domain="http://www.blogger.com/atom/ns#">Project Life Cycle</category><category domain="http://www.blogger.com/atom/ns#">Project Appraisal</category><category domain="http://www.blogger.com/atom/ns#">Project Closure</category><category domain="http://www.blogger.com/atom/ns#">Project Processes</category><category domain="http://www.blogger.com/atom/ns#">Project Intiation</category><title>Guruttam PMP Mock Question Series - 5</title><description>&lt;div dir="ltr" style="text-align: left;" trbidi="on"&gt;&lt;a href="http://guruttam.com/"&gt;http://guruttam.com&lt;/a&gt;&lt;br /&gt;&lt;br /&gt;We shall explain today &lt;a href="http://guruttam.blogspot.com/2011/01/guruttam-pmp-mock-question-series-4.html"&gt;&lt;span style="color: #cc0000;"&gt;Guruttam PMP Mock Question Series - 4&lt;/span&gt;&lt;/a&gt; answers and move on to next question in series.&lt;br /&gt;&lt;br /&gt;&lt;span style="color: orange;"&gt;Answer&lt;/span&gt;&lt;span style="color: #cc0000;"&gt;:&amp;nbsp;&lt;/span&gt;&lt;br /&gt;3 is Correct. You should first try to check if there are any further chances of schedule compression. Probably by using new techniques or adjusting lags/leads etc can by tried.&lt;br /&gt;4. is not preferable although could be used. You can try this option next to 3.&lt;br /&gt;1 and 2 &amp;nbsp;are wrong choice.&lt;br /&gt;&lt;br /&gt;&lt;div class="separator" style="clear: both; text-align: center;"&gt;&lt;a href="http://2.bp.blogspot.com/_l09UcFpuJDc/TS3mmWmFMEI/AAAAAAAAAD0/ivpvPqsMIT8/s1600/Quest.png" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"&gt;&lt;img border="0" src="http://2.bp.blogspot.com/_l09UcFpuJDc/TS3mmWmFMEI/AAAAAAAAAD0/ivpvPqsMIT8/s1600/Quest.png" /&gt;&lt;/a&gt;&lt;/div&gt;Q5)&lt;br /&gt;&lt;span style="color: blue;"&gt;When project transition occur all are possible outcomes except&lt;/span&gt;&lt;br /&gt;&lt;span style="color: blue;"&gt;1. Project or phase charter developed&lt;/span&gt;&lt;br /&gt;&lt;span style="color: blue;"&gt;2. &lt;/span&gt;&lt;span style="color: blue;"&gt;Project appraisal conducted&lt;/span&gt;&lt;br /&gt;&lt;span style="color: blue;"&gt;3.&amp;nbsp;&lt;/span&gt;&lt;span style="color: blue;"&gt;Administrative closure procedures followed&lt;/span&gt;&lt;br /&gt;&lt;span style="color: blue;"&gt;4. Post-project evaluation conducted&lt;/span&gt;&lt;br /&gt;&lt;br /&gt;Please feel free to answer or check our next post for answers.&lt;br /&gt;&lt;br /&gt;&lt;a href="http://guruttam.com/"&gt;http://guruttam.com&lt;/a&gt;&amp;nbsp;&lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8865041848089576845-5116921716840979698?l=guruttam.blogspot.com' alt='' /&gt;&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/LongLiveProjectManagement/~4/Vfqjxba62uA" height="1" width="1"/&gt;</description><link>http://feedproxy.google.com/~r/LongLiveProjectManagement/~3/Vfqjxba62uA/guruttam-pmp-mock-question-series-5.html</link><author>noreply@blogger.com (guruttam)</author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="http://2.bp.blogspot.com/_l09UcFpuJDc/TS3mmWmFMEI/AAAAAAAAAD0/ivpvPqsMIT8/s72-c/Quest.png" height="72" width="72" /><thr:total>0</thr:total><feedburner:origLink>http://guruttam.blogspot.com/2011/01/guruttam-pmp-mock-question-series-5.html</feedburner:origLink></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-8865041848089576845.post-6130180771404162967</guid><pubDate>Fri, 21 Jan 2011 03:55:00 +0000</pubDate><atom:updated>2011-01-20T19:55:00.739-08:00</atom:updated><category domain="http://www.blogger.com/atom/ns#">schedule control</category><category domain="http://www.blogger.com/atom/ns#">time management</category><category domain="http://www.blogger.com/atom/ns#">free online pmp®mock exam</category><category domain="http://www.blogger.com/atom/ns#">critical path</category><title>Guruttam PMP Mock Question Series - 4</title><description>&lt;a href="http://guruttam.com/"&gt;http://guruttam.com&lt;/a&gt;&lt;br /&gt;&lt;br /&gt;We shall explain today &lt;a href="http://guruttam.blogspot.com/2011/01/guruttam-pmp-mock-question-series-3.html"&gt;&lt;span style="color: #cc0000;"&gt;Guruttam PMP Mock Question Series - 3&lt;/span&gt;&lt;/a&gt; answers and move on to next question in series.&lt;br /&gt;&lt;br /&gt;&lt;span style="color: orange;"&gt;Answer:&amp;nbsp;&lt;/span&gt;&lt;br /&gt;3. is correct. This is a classical case of how to react with EVM graphs. Sometime you do not have to panic.&lt;br /&gt;Since SPI is in non-critical, as it is not going delay the project and probably you have room for corrections. In case if the SPI had shown on critical activities then you may have think seriously.&lt;br /&gt;&lt;br /&gt;1. Incorrect. There is no automatic compensation between performance and non-performance. Even if it happens it is exception not a proven theory.&lt;br /&gt;2. Incorrect. There are sufficient information, but the decision is favouring the manager&lt;br /&gt;4. Incorrect. Wrong to shuffle resource here there at will unless so critical.&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;Q4)&lt;br /&gt;&lt;div class="separator" style="clear: both; text-align: center;"&gt;&lt;a href="http://2.bp.blogspot.com/_l09UcFpuJDc/TS3mmWmFMEI/AAAAAAAAAD0/ivpvPqsMIT8/s1600/Quest.png" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"&gt;&lt;img border="0" src="http://2.bp.blogspot.com/_l09UcFpuJDc/TS3mmWmFMEI/AAAAAAAAAD0/ivpvPqsMIT8/s1600/Quest.png" /&gt;&lt;/a&gt;&lt;/div&gt;&lt;span style="color: #0b5394;"&gt;A client had given a schedule to you last month for deliverable next month. You find the scope has been clearly defined after review. However, due to new government regulations, the project has to be completed in a shorter period of time say this month. What is the MOST likely thing you would do&amp;nbsp;&lt;/span&gt;&lt;br /&gt;&lt;span style="color: #0b5394;"&gt;&lt;br /&gt;&lt;/span&gt;&lt;br /&gt;&lt;span style="color: #0b5394;"&gt;a) Ask management team to speak to client for possible scope reduction&lt;/span&gt;&lt;br /&gt;&lt;span style="color: #0b5394;"&gt;b) Ignore certain scope for quicker delivery&lt;/span&gt;&lt;br /&gt;&lt;span style="color: #0b5394;"&gt;c) Perform fast-tracking on critical activities&lt;/span&gt;&lt;br /&gt;&lt;span style="color: #0b5394;"&gt;d) Add justified resources to reduce time&lt;/span&gt;&lt;br /&gt;&lt;br /&gt;Check our next post for answers.&lt;br /&gt;&lt;br /&gt;&lt;a href="http://guruttam.com/"&gt;http://guruttam.com&lt;/a&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8865041848089576845-6130180771404162967?l=guruttam.blogspot.com' alt='' /&gt;&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/LongLiveProjectManagement/~4/Ylp1B51EUsA" height="1" width="1"/&gt;</description><link>http://feedproxy.google.com/~r/LongLiveProjectManagement/~3/Ylp1B51EUsA/guruttam-pmp-mock-question-series-4.html</link><author>noreply@blogger.com (guruttam)</author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="http://2.bp.blogspot.com/_l09UcFpuJDc/TS3mmWmFMEI/AAAAAAAAAD0/ivpvPqsMIT8/s72-c/Quest.png" height="72" width="72" /><thr:total>0</thr:total><feedburner:origLink>http://guruttam.blogspot.com/2011/01/guruttam-pmp-mock-question-series-4.html</feedburner:origLink></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-8865041848089576845.post-1987456916457301199</guid><pubDate>Sun, 16 Jan 2011 03:55:00 +0000</pubDate><atom:updated>2011-01-15T19:55:09.431-08:00</atom:updated><category domain="http://www.blogger.com/atom/ns#">free online pmp®mock exam</category><title>Guruttam PMP Mock Question Series - 3</title><description>&lt;a href="http://guruttam.com/"&gt;http://guruttam.com&lt;/a&gt;&lt;br /&gt;&lt;br /&gt;We shall explain today &lt;a href="http://guruttam.blogspot.com/2010/12/question-series-new-year-bonus.html"&gt;Guruttam PMP Mock Question Series - 2&lt;/a&gt; answers and move on to next question in series.&lt;br /&gt;&lt;br /&gt;&lt;div class="separator" style="clear: both; text-align: center;"&gt;&lt;a href="http://1.bp.blogspot.com/_l09UcFpuJDc/TS3RNrOpCtI/AAAAAAAAADk/7UCnPrEb5H0/s1600/ginfo.png" imageanchor="1" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"&gt;&lt;img border="0" src="http://1.bp.blogspot.com/_l09UcFpuJDc/TS3RNrOpCtI/AAAAAAAAADk/7UCnPrEb5H0/s1600/ginfo.png" /&gt;&lt;/a&gt;&lt;/div&gt;Answer: 2&lt;br /&gt;2. It is correct. It is very important that conditions set for deliverable such as acceptance criteria and acceptance process should be performed. Individual seller deliverables has to be first verified before it is deemed accepted at the least. In some case, a contract(say cost-plus-award-fee) that would cover fitness to use scope can be an extension.&lt;br /&gt;1. Wrong option. Probably a initiation option not a closing option.&lt;br /&gt;3. This would follow probably after option 2.&lt;br /&gt;4. This would follow probably after option 3.&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;&amp;nbsp;Q3)&lt;br /&gt;&lt;div class="separator" style="clear: both; text-align: center;"&gt;&lt;/div&gt;&lt;div class="separator" style="clear: both; text-align: center;"&gt;&lt;/div&gt;&lt;div class="separator" style="clear: both; text-align: center;"&gt;&lt;a href="http://2.bp.blogspot.com/_l09UcFpuJDc/TS3mmWmFMEI/AAAAAAAAAD0/ivpvPqsMIT8/s1600/Quest.png" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"&gt;&lt;img border="0" src="http://2.bp.blogspot.com/_l09UcFpuJDc/TS3mmWmFMEI/AAAAAAAAAD0/ivpvPqsMIT8/s1600/Quest.png" /&gt;&lt;/a&gt;&lt;/div&gt;You are working in a project where plan has baseline, and the plan information was given to your development team for completion. Just before a quarterly meeting, you generated EVM report and observed that there are certain &amp;nbsp;scope of development which is behind schedule and the SPI is below expectation. However certain scope of development was well above expected line of schedule and SPI was high expectation. &amp;nbsp;What do you consider as your next step&lt;br /&gt;&lt;br /&gt;1. No action needed as positive SPI will compensate negative SPI&lt;br /&gt;2. cannot do anything as there is no sufficient evidence of delays&lt;br /&gt;3. need not worry now if negative SPI scope development is in non-critical&lt;br /&gt;4. ask people who work in positive SPI scope development to switch roles&lt;br /&gt;&lt;br /&gt;Check our next post for answers.&lt;br /&gt;&lt;br /&gt;&lt;a href="http://guruttam.com/"&gt;http://guruttam.com&lt;/a&gt;&lt;br /&gt;Any marks used are of respective owners&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8865041848089576845-1987456916457301199?l=guruttam.blogspot.com' alt='' /&gt;&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/LongLiveProjectManagement/~4/rwVNVgzfVzk" height="1" width="1"/&gt;</description><link>http://feedproxy.google.com/~r/LongLiveProjectManagement/~3/rwVNVgzfVzk/guruttam-pmp-mock-question-series-3.html</link><author>noreply@blogger.com (guruttam)</author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="http://1.bp.blogspot.com/_l09UcFpuJDc/TS3RNrOpCtI/AAAAAAAAADk/7UCnPrEb5H0/s72-c/ginfo.png" height="72" width="72" /><thr:total>0</thr:total><feedburner:origLink>http://guruttam.blogspot.com/2011/01/guruttam-pmp-mock-question-series-3.html</feedburner:origLink></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-8865041848089576845.post-5587470031712940740</guid><pubDate>Fri, 07 Jan 2011 12:23:00 +0000</pubDate><atom:updated>2011-01-07T04:29:32.656-08:00</atom:updated><category domain="http://www.blogger.com/atom/ns#">Guruttam PMP Mock Question Series - 2</category><title>Guruttam PMP Mock Question Series - 2</title><description>&lt;a href="http://guruttam.com/"&gt;http://guruttam.com&lt;/a&gt;&lt;br /&gt;&lt;br /&gt;Hi,&lt;br /&gt;&lt;br /&gt;We shall explain today &lt;a href="http://guruttam.blogspot.com/2010/12/question-series-new-year-bonus.html"&gt;Guruttam PMP Mock Question Series 1&lt;/a&gt; post, and post you another questions&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;1. Remove the team member from the project (Right Answer)&lt;br /&gt;Why? &amp;nbsp;Benefit of doubt goes to customer. So as a part of business conduct and professional ethics, it is advised to choose this option, when no other detailing is given. Providing&amp;nbsp; proof of team member innocence, can be dealt later, but to build relation, trust with the customer as part of code of conduct and value. This is the right choice&lt;br /&gt;&lt;br /&gt;2. Inquire with the team member&lt;br /&gt;This option could be tried, if customer insist or as a part of seller(performing organization) internal audit. Could be 3rd in order of selection.&lt;br /&gt;&lt;br /&gt;3. Check records of team member at customer site&lt;br /&gt;This option could be tried, if customer insist or as a part of seller(performing organization) internal audit. This can be shown to customer as a part of proof as well. when suspended team member has to be re-instated and convincing the customer that there is no need to worry on the security or safety aspect of customer data. Could be 2nd in order of selection.&lt;br /&gt;&lt;br /&gt;4. Ignore customer complaint as it could be politically motivated&lt;br /&gt;This is not right. Political, cultural, or any such influence are bound to exists in any project, unless guided instruction from top management or customer advise exists.&lt;br /&gt;&lt;br /&gt;&lt;span style="color: blue;"&gt;Guruttam PMP Mock Questions series 2&lt;/span&gt;&lt;span style="color: #cc0000;"&gt;&amp;nbsp;&lt;/span&gt;&lt;br /&gt;&lt;br /&gt;&lt;span style="color: #073763;"&gt;You are a project manager for a company integrating various project deliverables from various sellers. You have agreed as per the contract to pay the seller upon successful delivery sign off. What is the step you will perform before integrating the delivered products or services into the main stream.&lt;/span&gt;&lt;br /&gt;&lt;br /&gt;&lt;span style="color: #073763;"&gt;1. Call all sellers for a meeting on specific date&lt;/span&gt;&lt;br /&gt;&lt;span style="color: #073763;"&gt;2. Verify scope of project deliverables&lt;/span&gt;&lt;br /&gt;&lt;span style="color: #073763;"&gt;3. Perform thorough testing upon integration&amp;nbsp;&lt;/span&gt;&lt;br /&gt;&lt;span style="color: #073763;"&gt;4. Make payment to the sellers.&lt;/span&gt;&lt;br /&gt;&lt;br /&gt;Check our next post for answers.&lt;br /&gt;&lt;br /&gt;&lt;a href="http://guruttam.com/"&gt;http://guruttam.com&lt;/a&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8865041848089576845-5587470031712940740?l=guruttam.blogspot.com' alt='' /&gt;&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/LongLiveProjectManagement/~4/oSsF-8Q1n8g" height="1" width="1"/&gt;</description><link>http://feedproxy.google.com/~r/LongLiveProjectManagement/~3/oSsF-8Q1n8g/guruttam-pmp-mock-question-series-2.html</link><author>noreply@blogger.com (guruttam)</author><thr:total>0</thr:total><feedburner:origLink>http://guruttam.blogspot.com/2011/01/guruttam-pmp-mock-question-series-2.html</feedburner:origLink></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-8865041848089576845.post-1101541010262674514</guid><pubDate>Mon, 27 Dec 2010 11:08:00 +0000</pubDate><atom:updated>2010-12-27T03:09:19.570-08:00</atom:updated><category domain="http://www.blogger.com/atom/ns#">series</category><category domain="http://www.blogger.com/atom/ns#">PMP Mock questions</category><title>Question series, a new year bonus</title><description>http://guruttam.com&lt;br /&gt;&lt;br /&gt;1. Your customer has informally complained about your team member of his suspicion on misuse of customer data. However, the team member is actively supporting the customer promptly in all official communications. What would you do?&lt;br /&gt;&lt;br /&gt;1. Remove the team member from the project&lt;br /&gt;2. Inquire with the team member&lt;br /&gt;3. Check records of team member at customer site&lt;br /&gt;4. Ignore customer complaint as it could be politically motivated&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;http://guruttam.com&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8865041848089576845-1101541010262674514?l=guruttam.blogspot.com' alt='' /&gt;&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/LongLiveProjectManagement/~4/djTiHHqeHeM" height="1" width="1"/&gt;</description><link>http://feedproxy.google.com/~r/LongLiveProjectManagement/~3/djTiHHqeHeM/question-series-new-year-bonus.html</link><author>noreply@blogger.com (guruttam)</author><thr:total>0</thr:total><feedburner:origLink>http://guruttam.blogspot.com/2010/12/question-series-new-year-bonus.html</feedburner:origLink></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-8865041848089576845.post-5776152440385156451</guid><pubDate>Fri, 19 Nov 2010 13:32:00 +0000</pubDate><atom:updated>2010-11-19T05:34:09.806-08:00</atom:updated><category domain="http://www.blogger.com/atom/ns#">Problem</category><category domain="http://www.blogger.com/atom/ns#">PM</category><category domain="http://www.blogger.com/atom/ns#">Project execution</category><category domain="http://www.blogger.com/atom/ns#">Issue</category><category domain="http://www.blogger.com/atom/ns#">Project HR management</category><category domain="http://www.blogger.com/atom/ns#">People management</category><title>Perception Vs Truth in Project Management</title><description>&lt;a href="http://guruttam.com/"&gt;http://guruttam.com&lt;/a&gt;&lt;br /&gt;&lt;br /&gt;&lt;table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"&gt;&lt;tbody&gt;&lt;tr&gt;&lt;td style="text-align: center;"&gt;&lt;a href="http://upload.wikimedia.org/wikipedia/commons/thumb/f/f8/Blind_men_and_elephant3.jpg/250px-Blind_men_and_elephant3.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"&gt;&lt;img border="0" src="http://upload.wikimedia.org/wikipedia/commons/thumb/f/f8/Blind_men_and_elephant3.jpg/250px-Blind_men_and_elephant3.jpg" /&gt;&lt;/a&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td class="tr-caption" style="text-align: center;"&gt;Picture Source: wikipedia.org&lt;/td&gt;&lt;/tr&gt;&lt;/tbody&gt;&lt;/table&gt;Blind men and the elephant, a small time story for big time project managers.&lt;br /&gt;&lt;br /&gt;A well known Indian story of perception and truth can be synonymous in project management as well.&lt;br /&gt;&lt;br /&gt;Well it is about demarcation of perception and truth. &lt;br /&gt;&lt;br /&gt;&lt;b&gt;Case1:&lt;/b&gt;&lt;br /&gt;A project manager experienced in one industry or field might give different insight to project requirement.&lt;br /&gt;&lt;br /&gt;&lt;b&gt;Case 2&lt;/b&gt;:&lt;br /&gt;The project's "problem at large" is a fact, while project stakeholders prefer to approach to the problem in their singular approach rather than an integrated approach.&lt;br /&gt;&lt;br /&gt;&lt;b&gt;Case 3:&lt;/b&gt;&lt;br /&gt;Any data collection methods may eventually fail, despite great eye-catching graphs, if a process flow approach &amp;nbsp;or higher objective needs are not investigated.&lt;br /&gt;&lt;br /&gt;&lt;b&gt;Case 4:&lt;/b&gt;&lt;br /&gt;Wrong application of inter-personal skills, mainly say, "a) Ineffective listening or b) failing to recognize or c) ignoring silver lines of lessons learned".&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;"How Far An Elephant Can Wait For Examination",&lt;br /&gt;&lt;br /&gt;&lt;b&gt;Solution :&amp;nbsp;&lt;/b&gt;&lt;br /&gt;&lt;i&gt;Not just Collaborate, but, Collaborate Holistically (Emphasizing the importance of the whole and the interdependence of its parts)&lt;/i&gt;&lt;br /&gt;&lt;br /&gt;&lt;a href="http://guruttam.com/"&gt;http://guruttam.com&lt;/a&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8865041848089576845-5776152440385156451?l=guruttam.blogspot.com' alt='' /&gt;&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/LongLiveProjectManagement/~4/U8tS3rH-XDA" height="1" width="1"/&gt;</description><link>http://feedproxy.google.com/~r/LongLiveProjectManagement/~3/U8tS3rH-XDA/perception-vs-truth-in-project.html</link><author>noreply@blogger.com (guruttam)</author><thr:total>0</thr:total><feedburner:origLink>http://guruttam.blogspot.com/2010/11/perception-vs-truth-in-project.html</feedburner:origLink></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-8865041848089576845.post-8313235241407831566</guid><pubDate>Mon, 15 Nov 2010 07:56:00 +0000</pubDate><atom:updated>2010-11-14T23:56:56.068-08:00</atom:updated><category domain="http://www.blogger.com/atom/ns#">Project risks</category><category domain="http://www.blogger.com/atom/ns#">SOW</category><category domain="http://www.blogger.com/atom/ns#">Project delivery convergence</category><category domain="http://www.blogger.com/atom/ns#">Buyer Seller Relations</category><title>Project Perspective difference - an example</title><description>&lt;div class="separator" style="clear: both; text-align: center;"&gt;&lt;/div&gt;&lt;table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: right; margin-left: 1em; text-align: right;"&gt;&lt;tbody&gt;&lt;tr&gt;&lt;td style="text-align: center;"&gt;&lt;a href="http://1.bp.blogspot.com/_l09UcFpuJDc/TODlpnAJWKI/AAAAAAAAADc/Qx17-UoXFog/s1600/Slide75.JPG" imageanchor="1" style="margin-left: auto; margin-right: auto;"&gt;&lt;img border="0" height="238" src="http://1.bp.blogspot.com/_l09UcFpuJDc/TODlpnAJWKI/AAAAAAAAADc/Qx17-UoXFog/s320/Slide75.JPG" width="320" /&gt;&lt;/a&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td class="tr-caption" style="text-align: center;"&gt;Project Perspectives&lt;/td&gt;&lt;/tr&gt;&lt;/tbody&gt;&lt;/table&gt;&lt;a href="http://guruttam.com/"&gt;http://guruttam.com&lt;/a&gt;&lt;br /&gt;&lt;br /&gt;The perspective of project deliverables may have differences&lt;br /&gt;initially, however, these differences should converge, so that&lt;br /&gt;the strategic benefits are realized sooner or later.&lt;br /&gt;&lt;br /&gt;For example, Buyer A would want unique services from&lt;br /&gt;Seller A, and say Seller B. As for the sellers A and B are&lt;br /&gt;concerned the responsibility ends at the fulfillment of SOW.&lt;br /&gt;However, for the Buyer until seller A and B deliverables&lt;br /&gt;function in a integrated manner, there will be always extension&lt;br /&gt;to SOW to these sellers for upgrades or fixes before it realizes&lt;br /&gt;the final strategic benefit.&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;&lt;a href="http://guruttam.com/"&gt;http://guruttam.com&lt;/a&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8865041848089576845-8313235241407831566?l=guruttam.blogspot.com' alt='' /&gt;&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/LongLiveProjectManagement/~4/uMhHw8WpSek" height="1" width="1"/&gt;</description><link>http://feedproxy.google.com/~r/LongLiveProjectManagement/~3/uMhHw8WpSek/project-perspective-difference-example.html</link><author>noreply@blogger.com (guruttam)</author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="http://1.bp.blogspot.com/_l09UcFpuJDc/TODlpnAJWKI/AAAAAAAAADc/Qx17-UoXFog/s72-c/Slide75.JPG" height="72" width="72" /><thr:total>0</thr:total><feedburner:origLink>http://guruttam.blogspot.com/2010/11/project-perspective-difference-example.html</feedburner:origLink></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-8865041848089576845.post-1278356036774714442</guid><pubDate>Mon, 30 Aug 2010 11:49:00 +0000</pubDate><atom:updated>2010-08-30T04:49:49.676-07:00</atom:updated><category domain="http://www.blogger.com/atom/ns#">Resource Utilization</category><category domain="http://www.blogger.com/atom/ns#">resource leveling</category><category domain="http://www.blogger.com/atom/ns#">EVM</category><category domain="http://www.blogger.com/atom/ns#">Earned Value</category><title>Where to find resources for your project?</title><description>&lt;a href="http://guruttam.com/"&gt;http://guruttam.com&lt;/a&gt;&lt;br /&gt;&lt;br /&gt;Most of the time employment of appropriate resources will determine project results. When we discuss about Project Management, it is to be noted by the project manager if he/she is applying the right mix of resources to the project activities. Following are sample &amp;nbsp;generic and specific areas of considerations that a project manager can check out to achieve better results&lt;br /&gt;1. Generic - General management skills. e.g. You should know how to organize your team structure to project activities. That should be basic example I should have quoted, but sometime it is taken lightly and people allocate resource on a gut feel rather than the demanding nature of the activity.&lt;br /&gt;2. Specific - Resource leveling, Float Values when using CPM methods, Ordering of activities when employing CPM, Earned Value etc. For example, &amp;nbsp;if $1000 is spent on an activity, may give an EV that will tell you if you had allocated only the resource required to perform on that activity.&lt;br /&gt;&lt;br /&gt;&lt;a href="http://guruttam.com/"&gt;http://guruttam.com&lt;/a&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8865041848089576845-1278356036774714442?l=guruttam.blogspot.com' alt='' /&gt;&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/LongLiveProjectManagement/~4/vUXLvTORl0Y" height="1" width="1"/&gt;</description><link>http://feedproxy.google.com/~r/LongLiveProjectManagement/~3/vUXLvTORl0Y/where-to-find-resources-for-your.html</link><author>noreply@blogger.com (guruttam)</author><thr:total>0</thr:total><feedburner:origLink>http://guruttam.blogspot.com/2010/08/where-to-find-resources-for-your.html</feedburner:origLink></item><item><guid isPermaLink="false">tag:blogger.com,1999:blog-8865041848089576845.post-327094384253451769</guid><pubDate>Thu, 05 Aug 2010 14:36:00 +0000</pubDate><atom:updated>2010-08-05T07:37:20.485-07:00</atom:updated><category domain="http://www.blogger.com/atom/ns#">WBS</category><category domain="http://www.blogger.com/atom/ns#">Progressive Elaboration</category><category domain="http://www.blogger.com/atom/ns#">Decomposition</category><category domain="http://www.blogger.com/atom/ns#">Aggregation</category><category domain="http://www.blogger.com/atom/ns#">project scope</category><category domain="http://www.blogger.com/atom/ns#">Work Budgeting</category><category domain="http://www.blogger.com/atom/ns#">Product Scope</category><title>WBS a tool for Project Manager</title><description>&lt;a href="http://guruttam.com/"&gt;http://guruttam.com&lt;/a&gt;&lt;br /&gt;&lt;br /&gt;WBS - Work Breakdown Structure is a logical pictorial representation of &amp;nbsp;Project Scope of Work/Statement is a great tool for a project manager.&lt;br /&gt;&lt;br /&gt;As a coin has two face to it, similarly, WBS can be used to communicate with upper management and with performing organization as well.&lt;br /&gt;&lt;br /&gt;It helps amongst others to have&lt;br /&gt;&lt;br /&gt;1. Birds View of project work&lt;br /&gt;2. Helps to monitor Scope achievements&lt;br /&gt;3. Clarity of Roles of a work components&lt;br /&gt;4. Integration view&lt;br /&gt;5. Levels/Depth of decomposition or Bias of work components&lt;br /&gt;6. Project organization chart&lt;br /&gt;7. Relationship with Earned Value Management&lt;br /&gt;8. Relationship with Cost management&lt;br /&gt;9. How physical / actual activities/task are related (Time management)&lt;br /&gt;10. Control Account - a slider-sort-of-tool to have/place control points.&lt;br /&gt;&lt;br /&gt;Etc.&lt;br /&gt;&lt;br /&gt;&lt;a href="http://guruttam.com/"&gt;http://guruttam.com&lt;/a&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8865041848089576845-327094384253451769?l=guruttam.blogspot.com' alt='' /&gt;&lt;/div&gt;&lt;img src="http://feeds.feedburner.com/~r/LongLiveProjectManagement/~4/GJkeyaKF82o" height="1" width="1"/&gt;</description><link>http://feedproxy.google.com/~r/LongLiveProjectManagement/~3/GJkeyaKF82o/wbs-tool-for-project-manager.html</link><author>noreply@blogger.com (guruttam)</author><thr:total>0</thr:total><feedburner:origLink>http://guruttam.blogspot.com/2010/08/wbs-tool-for-project-manager.html</feedburner:origLink></item></channel></rss>

