for question number 8, rita page 396 says it should be "personality" where you have answered as "cost".
@richardchan84494 жыл бұрын
Refer to PMI, Personality is correct answer www.pmi.org/learning/library/construction-projects-managing-conflicts-leadership-6814
@vignesh040719824 жыл бұрын
i felt so too..
@OpalWisdom4 жыл бұрын
This answer puzzled me too
@indianfirst18833 жыл бұрын
@@richardchan8449 I checked this link. If you read it properly, you will see that the order in which the causes are to be considered is mentioned in the Exhibit 1 when you scroll down. As per the Exhibit 1, Personality is the least common among 7 reasons mentioned
@balkeesbannoura13915 жыл бұрын
very good work . But question #8 I think least number of conflicts will occur over personality . cost then personality is the least one
@oushmolh86585 жыл бұрын
balkees bannoura had the same comment it’s mentioned directly on the book
@Ashimavi4 жыл бұрын
it Looks like 9 months is not enough time to comment or fix an issue. abandoned courses
@datamindz3 жыл бұрын
There is a bit of confusion with Q9. It did not explicitly say that the $1400 for project B is an additional cost requirement. The sum sounded like the cost of implementing the project from start to finish.
@RohitKatke Жыл бұрын
In a project life cycle, the least number of conflicts typically occur over D) Schedules. While conflicts can arise in any aspect of a project, including priorities, costs, and personalities, scheduling conflicts tend to be relatively more straightforward to address. Schedules are typically defined and managed based on objective criteria, such as timelines, deadlines, and dependencies, which can help minimize subjectivity and personal preferences that often contribute to conflicts. Additionally, scheduling conflicts can often be resolved through negotiation, adjustments, or reallocation of resources without significantly impacting project priorities or costs. It is possible for conflicts to arise over project costs, and in some cases, they can be significant. The cost aspect of a project involves budgeting, resource allocation, and financial considerations. Conflicts can occur when there are disagreements or discrepancies in estimating, allocating, or managing project costs. However, the statement in question asks for the least number of conflicts, not the absence of conflicts. In many cases, conflicts related to costs can be minimized or avoided by employing robust budgeting and financial management practices, conducting thorough cost estimations, and ensuring transparent communication and alignment among stakeholders. Furthermore, cost conflicts can often be addressed through negotiation, compromise, or by making adjustments to the project scope or resource allocation. Compared to other areas like priorities, personality clashes, or subjective differences, scheduling conflicts tend to have more objective and tangible criteria, making them potentially easier to manage and resolve. Nonetheless, it is important to note that conflicts can arise in any aspect of a project, including costs, and proactive management and open communication are essential to address and mitigate them effectively.
@uzochukwucyprian73183 жыл бұрын
I love this training as each answer was explained in details
@danielcasimiro21194 жыл бұрын
Hello. As shared in some comments below, question 6 should be revised, I believe CPI is wrong(might have been added uncarefully/without calcultion as a distractor)
@chijja14 жыл бұрын
In question 6, the explanation is that use whatever is given in the question, you use them to derive EAC. Whereas CPI is also given in the question which can make you want to use BAC/CPI formula but that would be wrong. So the explanation should be, since the variances are affected by some external factors and EAC = AC + (BAC - EV) is used when the current deviation with the original estimation is thought to be different in the future. It is generally AC plus the remaining value of the work to perform, hence use the formula.
@OpalWisdom4 жыл бұрын
This was really helpful... I got most questions right
@christoch33033 жыл бұрын
Passed with AT in my first try! Thank you so much for contributing to our knowledge and sharing valuable material. Greetings from Greece!
@breckengannon2163 жыл бұрын
I guess I'm quite off topic but do anyone know a good site to stream newly released series online ?
@FLAVIOCYUNCA5 жыл бұрын
The comment of the answer to question number 01, refers to the lessons learned are the output of the management of communications which is wrong because according to pmbok 6, is the output of the management of knowledge
@jackchou14255 жыл бұрын
These are very high quality questions, thanks for sharing!
@ahmedbhaa4 жыл бұрын
Number 5 could be a residual risk as well. Since, we do not know the new risk, it could be a risk that remains after the response has been taken which directly means a residual risk. We should notice that secondary risks are known and put in contingency reserve. And since this mentioned the word "new" it implies that the risk wouldn't be known and a fallback plsn could be implemented.
@gnanrajv4 жыл бұрын
Very useful Q&A content, highly appreciated 👍
@mandosound785 жыл бұрын
I am early on in my studies for this, and certain I will get to the different formulas and such before too long, but I initially find it a bit disturbing with the variance in formula outcomes. Question #6 is using the formula of EAC=AC+BAC-EV, were there are 5 different formulas to figure EAC. I realize the situation lends itself to use the formula that was used to obtain the $470k outcome, but using the formula EAC=BAC/CPI gives the outcome of $333k. I am assuming it is the difference in estimating where the more detail you have to work with, then the better your estimation, but that can be a big different in the real world using the wrong formula. Again, I am sure I will get to that better detail in the studies before too long on the differences.
@4everunner4 жыл бұрын
completely agree and the CPI given isn't equal to the EV/AC given which works out to 1.2, not 1.5 and thus yields a third answer.
@4everunner4 жыл бұрын
Shouldn't the CPI in #6 be 1.2? The given EV/AC of 180k/150k=1.2. If you use that for CPI or the given CPI of 1.5 in EAC=BAC/CPI you get an entirely different answer: $416.6k and 333.3k respectively. Including the CPI in the question makes it necessary to calculate the EAC in 3 different ways to get one of the answers given. Not arguing the answer, but for awareness to test takers, you may need to run the numbers a few ways to get to the answer available, and thus know all the formula variants for EAC!!
@chijja14 жыл бұрын
EAC = AC + (BAC - EV) This formula is used when the current deviation with the original estimation is thought to be different in the future. It is generally AC plus the remaining value of the work to perform. Each formula is for a different purpose.
@imagenigraphics4 жыл бұрын
Good questions. So far I'm getting them all wrong. Hahaha im finished
@meechp1233 жыл бұрын
It's why we are all here! Keep going!
@sunnysheikh48583 жыл бұрын
For Q2, option c looks better
@robcab37254 жыл бұрын
question 3: can you assume that both critical paths occur simultaneously ? can they occur at different times?
@vikashsinha64205 жыл бұрын
Questions are good, kindly create more videos like it. Thanks.
@vignesh040719824 жыл бұрын
Good questions, helps really understand the way the questions are framed.. thank you
define activities - answer should be template not rolling wave.... i believe
@pmppros3 жыл бұрын
A great way to study PMBOK is to purchase your book online and read it on your own schedule because it is very in-depth so give yourself some time to study.
@xxchuangtzu61864 жыл бұрын
The wording could be better. Question 8 says "the least number of conflicts occur over". Conflicts seldom occur _over_ personality. Rather, they are "caused by" personality.
@shamilabbasov59973 жыл бұрын
Question #2 "sponsor left due to health issue" if sponsor will not be available it means pm should start close project.
@shamilabbasov59973 жыл бұрын
Question #6 CPI=EV/AC=180K/150K=1.2 But CPI=1.5 was expected in the condition of the question.
@jamesgreen13054 жыл бұрын
Q9 - So the CPI for project A is 0.857 less than 1 so from a cost point of view unhealthy. We do not have any comparative CPI or project risk information for project B. Both answers A and D are correct statements, but surely there is more to project selection than just looking at ETC. This is really a dumb question with a questionable answer.
@mamanimohammed14425 жыл бұрын
Your efforts are appreciated
@prasanthpr2744 жыл бұрын
Thank u.
@mrchopsticks33 жыл бұрын
How is #4 not mitigation? Wouldn't the purpose of a contingency reserve be to mitigate the risk?
@XiaomiRedmi-zf6cs4 жыл бұрын
Can any one explain the q.11? Tuckman's ladder is Forming , Storming, Norming , Performing, Adjoining There isn't any step called smoothing. As the answer of the question is "smoothing " In norming process, project team member agreed upon common objectives and efficiently work out the way in which they will star performing or giving there output in constructive way.
@hhood76814 жыл бұрын
Answer given the video is B) Performing. That is correct answer. Norming is when team begin to work together but Peforming is when they really start to function as an organised unit, i.e. work together effectively, as the question puts it. As for Smoothing, indeed Tuckman never used this word in his humble framework so it is definately wrong here. You may know this word from "resource smoothing" (a resource optimization technique) or "smooth" (a conflict management technique). Hope this helps. Good luck and may god help you
number5 question, could be undentifiable risks, machine layed there for long time, certain maintenance should be carried out already.
@hhood76814 жыл бұрын
Sure, but in PMP exam there may be more than one answer that is technically correct, and one must pick the "correctest" answer, as Edgar's Botanical diligently puts it.
@TheSocialDrone5 жыл бұрын
I am confused on Question #9. It says Project A has an initial budget of 1200$ and 1000$ has already been spent.. (So left with 200$ here), also it needs additional 400$ to complete (so the ETC would be, balance 200$ + additional 400$ = 600$, right). Why the left out amount was not accounted? Can @examsPM or anyone can clarify?
@jyotiupadhyaya59305 жыл бұрын
I second that, shouldn't it be $600?
@hhood76814 жыл бұрын
I agree it is not a great question, who is to say what project you would prefer? But about the ETC, I suppose it is a typo? Or is it so that one doesnt take into account the remaining budget when calculating ETC and we should just read "to complete, you need additional $400"? Anyone know?
@francesgarcia82 жыл бұрын
I'm confused - I took a PMP class and was told that the EAC formula is BAC/CPI so i got $333,333,333 :/
Where the heck does "modality" come from (q16) and would fixed-price-plus-incentive not be more risky than simply fixed-price since there is also an incentive to pay (q15)
@AaronG3034 жыл бұрын
PMBOK including many other PMP sites reiterate that FFP is riskiest. The key lesson for all students is to study the material in the book not necessarily what you've experienced or seems logical to you. It is a hurdle for many of us with years of experience and certain behaviours and training to understand not to try logic thru experience but strictly follow the book. You will be significantly challenged if this is not a concept that can be embraced. I too were struck by the word "modality" and although it isnt a commonly used word in my world it needs to be understood as a certified project management professional you will be expect to have extensive knowledge and willing to expand vocabulary. On the donside and one I feel very strongly about is the use of "slang" or "loose wording" which effectively places those ESL students at great disadvantage. Its interesting questions still include these difficult to understand words when on the other hand PMI promotes the notion and emphasis for understanding culture (and to be empathetic to their challenges and needs) afterall we work in a global economy
@lalitprakashbaraik58325 жыл бұрын
Liked it!
@nusratsharmin86805 жыл бұрын
How Can i get the pdf of the question and answer?
@louieyuro55894 жыл бұрын
Does this questions will be rekeased in the emam?
@hitarthp18844 жыл бұрын
Question 14 / Answer A
@giotravelingtheworld30255 жыл бұрын
You should explain the reasons behind the answers.
@kerron_3 жыл бұрын
I feel this is just a common-sense certification/test?