project management professional training in india

... PROFESSIONAL RESPONSIBILITY 1. Answer: c There should be a change procedure in the project to handle changes that might be initiated by customers. The change procedure should include ... for managing the change and the cost of developing the estimate for the effects of the change. 2. Answer: c Estimating is just that, an estimating process. Perhaps it would have been better for the project ... practical. 3. Answer: b In this kind of situation it is important that the customs and culture in the foreign country be respected. By consulting with your company’s management, the gift can...

Ngày tải lên: 17/10/2013, 22:15

... distribution is of value in project management because there are many situations in risk management where there are two possible outcomes, success and failure. In order to use the binomial distribution, ... Distribution The beta distribution is used frequently in project management since it closely resembles the phenomena in cost and scheduling. The beta probabil- ity distribution is bell shaped ... deviation=5 Mean=22 Mean=22 being correct in our estimate. As in all probability distribution curves, the area under the curve between the two points we are interested in compared to the total area...

Ngày tải lên: 20/10/2013, 16:15

... 4–5 Project Management Institute (PMI), 1 Project Management Institute (PMI) ex- amination, 218–219 closing project domain of, 222–223 controlling project domain of, 222 executing project domain ... of, 221–222 initiating project domain of, 219–220 planning project domain of, 220–221 professional responsibility domain of, 223–224 project management office, 12 project managers in balanced ... planning and controlling project costs and schedules. Project management team. The members of the project team who are directly involved in project management activities. On some smaller projects,...

Ngày tải lên: 20/10/2013, 17:15

... such a thing. It is generally considered that investing in U.S. Treasury bills is a risk-free investment. Generally speaking, however, investing in the projects of a company and taking advantage ... over time. Projects that have more cash flowing into the organization than cash flowing out of the organization are good projects. In most projects it is necessary to make an investment in the project ... products. So, initially the project is broken up into a group of subprojects. These subprojects are further broken down into sub-subprojects, and so on. In this way the largest project we can imagine could...

Ngày tải lên: 24/10/2013, 15:15

... However, most project management professionals feel that the complexity and difficulty in using this diagramming method is not compensated for by this ability. Since the arrows in the diagram in figure ... promise date, crashing or fast tracking must be used. Crashing a schedule is doing anything at all to reduce the scheduled completion of the project. Examples of crashing would include reducing the scope ... of the project, adding addi- tional resources for selected activities, eliminating activities, and changing the process to eliminate steps. Fast tracking is a special case of crashing. In fast...

Ngày tải lên: 24/10/2013, 15:15

... train- ing in the ways and methods of project management is in order. Often we find companies that are spending many thousands of dollars on training people who will manage projects and not training ... 197 Decoding 197 Understanding 197 9618$$ CNTS 09-06-02 14:58:11 PS xiv Contents Domain 3: Executing the Project 221 Domain 4: Controlling the Project 222 Domain 5: Closing the Project 222 Domain ... successful in the managing of a small business are the same as those that are necessary for the proper management of projects. In fact, since many project managers today are rooted in technical disciplines,...

Ngày tải lên: 28/10/2013, 22:15

... meeting in- creases at a diminishing rate. The cost of additional people in a meeting continues to increase in a linear fashion, and very soon the benefit of addi- tional people at a meeting is ... Saab engineers estimated that a subassembly of the engine could be manufactured in 12.6 minutes using assembly line techniques. The engineers also determined that a single person, working by himself ... within the project management methodology. To be an effective project manager, one must have skills in dealing with 9618$$ $CH4 09-06-02 14:59:31 PS 108 Preparing for the Project Management Professional...

Ngày tải lên: 24/12/2013, 12:16

... Preparing for the Project Management Professional Certification Exam manage the risk of the project. There are several inputs to the risk planning process. The overall project plan is a major input ... occuring. This action will result in a contingency plan. The contingency plan can be implemented if triggers occur indicating the possibility of the risk occurring. In addition to the contingency ... way of organizing and documenting the risks. In the beginning of the project the risks may only be identified. Later in the project, additional information will be continuously added to the risk...

Ngày tải lên: 24/12/2013, 12:16

... modern thinking on quality it is the individual person performing work that is really responsible for assuring the quality of the product. Cost of Quality As in all things in project management, ... Preparing for the Project Management Professional Certification Exam Figure 6-1. Economics of quality. Optimum Point Cost of defects Cost of inspection Total cost Level of inspection increasing Cost 0 20 40 60 80 100 120 140 Costs ... of Prevention Additional planning Education and training of project team and stakeholders Inspection and testing of the internal and external deliverables of the project Improved designs for quality...

Ngày tải lên: 24/12/2013, 12:16

... PS 192 Preparing for the Project Management Professional Certification Exam Forward Buying Forward buying is the process of buying items in anticipation of their need. As with all things it is important ... person doing the pur- chasing to determine whether or not the potential vendor is quoting a fair and agreeable price. As in the project management requirements definition, the process be- gins with ... its inception. In discussing contract management for projects we generally are inter- ested in the relationship between a buyer and a supplier. Make or Buy The decision to make or buy something...

Ngày tải lên: 24/12/2013, 12:16

... Few lines are an indica- tion of the inhibitions of individuals in the meeting. A good meeting would show lines between each individual in the meeting and every other individual in the meeting. Circular ... the project team will get the project completed successfully in spite of the project manager. According to the Guide to the Project Management Body of Knowledge, communications management in projects ... PS 197Communications Management Figure 8-2. Communications model. Loop of understanding Feedback Channel Receiver Sender Channel Message Perceiving, decoding, and understanding Thinking and encoding Transmitting This...

Ngày tải lên: 24/12/2013, 12:16

... con- ferences can improve the world of project management. Supporting com- pany training programs and helping to offer training programs through a local chapter of a project management association will ... of project management knowledge both by increasing the quality and by improving the methods and techniques of project management. In addition to improving the tools of the profession the project ... Conduct. This has the effect of maintaining standards of conduct. All certified project management professionals agree to support the Code. A project management professional is required by the Code...

Ngày tải lên: 21/01/2014, 17:20

... there would be six project management domains: • Initiating • Planning • Executing • Controlling 218 220 Preparing for the Project Management Professional Certification Exam by applying appropriate ... documented project management in- struction Joining PMI Today the cost of joining PMI and becoming a PMP are very close to the same as becoming a PMP without joining PMI. The benefits of joining PMI are ... domains. Domain Percent of Test Number of Questions Initiating 8.5% 17 Planning 23.5% 47 Executing 23.5% 47 Controlling 23% 46 Closing 7% 14 Professional responsibility 14.5% 29 • Closing • Professional...

Ngày tải lên: 21/01/2014, 17:20

... scope of the project. c. Showing the resource conflicts that exist in the project. d. The logical relationship between tasks in the project. 21. During the life of a project, the project will ... change management plan should be included in which of the fol- lowing? a. Scope management plan b. Communications management plan c. Configuration management plan d. Quality management plan 32. A project ... following? a. Consideration b. Summary activity c. Constraint d. Suggestion 28. A project manager is managing a project. The original scope baseline of the project was budgeted at $100,000. Since...

Ngày tải lên: 21/01/2014, 17:20

... current budget of the project contains all of the authorized funding for the project including additions to the project since the setting of the original base- lines. This includes any and all ... project baseline for scope includes the original scope of the project plus or minus any scope changes that have taken place since the baseline for scope was established. 17. Answer: c A project charter ... related projects in a coordinated way. 20. Answer: b A work breakdown structure is a deliverable-oriented grouping of project ele- 9618$$ CH20 09-06-02 15:00:59 PS 324 Preparing for the Project Management...

Ngày tải lên: 21/01/2014, 17:20

Ngày tải lên: 21/01/2014, 17:20

Ngày tải lên: 21/01/2014, 17:20

Ngày tải lên: 21/01/2014, 17:20

Ngày tải lên: 21/01/2014, 17:20

Ngày tải lên: 21/01/2014, 17:20