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by manishpn
Sun Jul 05, 2020 8:38 pm
Forum: PMP® Open Forum
Topic: Cost baseline+Management reserve
Replies: 4
Views: 78

Re: Cost baseline+Management reserve

Yes project cost baseline is same but the project budget is not changed, please read the PMBOK section again and possibly watch sakets video!
by manishpn
Thu Jul 02, 2020 8:18 pm
Forum: PMP® Open Forum
Topic: Mock Test 1 - Question 13
Replies: 1
Views: 84

Re: Mock Test 1 - Question 13

what is the source of this question?
by manishpn
Thu Jul 02, 2020 8:16 pm
Forum: PMP® Open Forum
Topic: Mock Questions
Replies: 1
Views: 56

Re: Mock Questions

kindly post one question per thread and preferably in exclusive section
by manishpn
Thu Jul 02, 2020 8:15 pm
Forum: PMP® Open Forum
Topic: Mock Exams/Tests
Replies: 2
Views: 84

Re: Mock Exams/Tests

Hi Aarti , there are many, refer to success stories where students have posted some recommendations

we from izenbridge cannot recommend as we do not know the quality of other Mocks
by manishpn
Thu Jul 02, 2020 7:53 pm
Forum: PMP® Queries and Tips
Topic: Risk
Replies: 1
Views: 68

Re: Risk

sumitgoyal27 wrote:
Thu Jun 25, 2020 1:26 pm
Can you please explain difference between Risk threshold, Risk appetite, and Risk tolerance??
We discussed in clarification session

refer to blog and let me know if any queries

https://www.izenbridge.com/blog/what-is ... threshold/

by manishpn
Thu Jul 02, 2020 7:51 pm
Forum: PMP® Queries and Tips
Topic: Contingency Reserves
Replies: 1
Views: 71

Re: Contingency Reserves

We discussed in clarification session as well 1. Can we utilize the contingency reserves left for an activity for another activity? Yes, through a CR , if the change is withing approval limits of PM then it need not go to CCB 2. What is the procedure for using unutilized contingency reserve for an ...
by manishpn
Thu Jul 02, 2020 7:50 pm
Forum: PMP® Queries and Tips
Topic: Closing Project
Replies: 1
Views: 65

Re: Closing Project

We discussed in the clarification session, there is no predefined sequence, however the sequence has to be logical, as there are dependencies on resources, End user approvers, Legal , vendors etc etc.
by manishpn
Thu Jul 02, 2020 7:35 pm
Forum: PMP® Open Forum
Topic: Cost baseline+Management reserve
Replies: 4
Views: 78

Re: Cost baseline+Management reserve

Mark is an execution phase of the road construction project in a town. Halfway through the execution phase, Mark realizes that there is a change in the local law which demands sound proof fencing of the road passing near the hospitals and school. This task was not foreseen and not included in cost ...
by manishpn
Fri May 15, 2020 6:58 am
Forum: PMP® Open Forum
Topic: seller proposal Vs requirement documentation
Replies: 4
Views: 460

Re: seller proposal Vs requirement documentation

Thanks Manish, just wanted to confirm one more thing. Here, "intellectual property rights" is a request from seller not from buyer, are we saying even it is from seller, it should be recorded in buyer's requirement documentation as per 12.2.1.2. is it true? It is not a request from seller, its clar...
by manishpn
Thu May 14, 2020 6:08 pm
Forum: PMP® Open Forum
Topic: EVA - spike in actual cost
Replies: 1
Views: 223

Re: EVA - spike in actual cost

Hi Manish, Saket, A project team member runs an earned value analysis (EVA) report. There is an unexpected spike in actual costs over the last three weeks. The team member shows the report to the project manager and based on her analysis presents four possible reasons for the spike. Which reason is...
by manishpn
Thu May 14, 2020 5:48 pm
Forum: PMP® Open Forum
Topic: Assessment report analysis issue
Replies: 1
Views: 190

Re: Assessment report analysis issue

please email support@izenbridge
by manishpn
Thu May 14, 2020 5:47 pm
Forum: PMP® Open Forum
Topic: seller proposal Vs requirement documentation
Replies: 4
Views: 460

Re: seller proposal Vs requirement documentation

Hi Manish, Can you help to analyse the answer for this question? As a project manager for a small university, you are currently in the process of selecting a vendor to develop a textbook and other training materials for a new course. Several vendors are interested in bidding on the contract. During...
by manishpn
Tue May 12, 2020 8:04 pm
Forum: PMP® Open Forum
Topic: Risk Management Question
Replies: 3
Views: 4860

Re: Risk Management Question

Hi All, Could you please suggest the answer to the following question along with the reason? Thank you. Ryan is a Project Manager of a manufacturing project. Hurricane alert may delay the shipments of the of the main components of the project that would affect the project schedule. What should the ...
by manishpn
Mon May 04, 2020 12:47 pm
Forum: PMP® Queries and Tips
Topic: SOW vs TOR
Replies: 1
Views: 5649

Re: SOW vs TOR

what is the key difference between SOW vs TOR(terms of reference) Procurement statement of work as an output of Plan Procurement Management has SOW & TOR when do we prepare TOR (any usecase/situation where SOW cannot be used & only TOR to be used) TOR as mentioned in PMBOK phrase terms of reference...
by manishpn
Fri May 01, 2020 12:03 pm
Forum: PMP® Queries and Tips
Topic: Seller Change Request
Replies: 1
Views: 5445

Re: Seller Change Request

How Seller Change request is handled in Control procurements especially when signed agreement is completed between buyer & seller. I am assuming that when you say 'Seller Change request' that is raised by a seller mentioned in 12.3.1.5 We need to understand that any change requested by either buyer...
by manishpn
Mon Apr 27, 2020 6:02 pm
Forum: PMP® Queries and Tips
Topic: Recommendation for Exam preparation
Replies: 1
Views: 15257

Re: Recommendation for Exam preparation

Hi Victor,

we discussed in clarification session, your approach seems to be right and some additional areas have been identified for you to work on
by manishpn
Mon Apr 27, 2020 6:01 pm
Forum: PMP® Queries and Tips
Topic: Differentiate between Formal & Written
Replies: 1
Views: 8002

Re: Differentiate between Formal & Written

we have discussed the same in clarification session
by manishpn
Sat Mar 28, 2020 11:45 am
Forum: PMP® Queries and Tips
Topic: Define Scope - Project Document clarification
Replies: 1
Views: 11592

Re: Define Scope - Project Document clarification

In define scope process - Risk Register goes as input but as an output it doesn’t get updated, why? This kind of questions form you indicates that you are thinking logically, and memorizing :) , I agree with you and remember PMBOK is not rule book, your understanding the risk should be updated thro...
by manishpn
Sat Mar 28, 2020 10:41 am
Forum: PMP® Queries and Tips
Topic: Acceptance or Validation
Replies: 1
Views: 3211

Re: Acceptance or Validation

The assurance that product, service, or system meets the needs of the customer and other identified stakeholders which often involves acceptance from external customers is called: Validation Verification Quality Check Acceptance What will be the correct answer and why? Its Validation refer to PMBOK...
by manishpn
Sat Mar 21, 2020 9:46 am
Forum: PMP® Queries and Tips
Topic: Confused between Risk Report and Risk Register
Replies: 3
Views: 18835

Re: Confused between Risk Report and Risk Register

Hi , Can some one help me to get an understanding between Risk Report and Risk Register. I tried to read the PMBOK guide but i am not able to understand the points. Regards, Victor Risk Register : Primarily for consumption within the project. It has details around every risks captured in the projec...
by manishpn
Sat Feb 15, 2020 12:57 pm
Forum: PMP® Open Forum
Topic: Clarification for Issue Log
Replies: 4
Views: 15827

Re: Clarification for Issue Log

Thank you so much Mr. Manish for your valuable reply. I had encountered through a question asking... If a key team member planned for a leave and he noticed in project schedule that during his absence (planned leave) some critical activities are planned which is assigned for him. Since it is a spec...
by manishpn
Sat Feb 15, 2020 11:14 am
Forum: PMP® Open Forum
Topic: Change Request
Replies: 3
Views: 6040

Re: Change Request

Thanks for your kind reply. In question it is mentioned that "you discovered that some of the project work has not been performed according to the PLAN. My doubt is why we need CR to perform something which was already in the plan and missed to implement it. As per my understanding CR is used to im...
by manishpn
Wed Feb 05, 2020 9:35 pm
Forum: PMP® Open Forum
Topic: Change Request
Replies: 3
Views: 6040

Re: Change Request

You are currently performing a monitoring and controlling project activity, and you have discovered that some of the project work has not been performed according to the plan. If these issues are not fixed before the next customer inspection, your project might be cancelled. You have analysed the s...
by manishpn
Wed Feb 05, 2020 9:25 pm
Forum: PMP® Open Forum
Topic: PMP question
Replies: 5
Views: 7275

Re: PMP question

Business case and agreements (output from conduct procurement process) are inputs for the first iteration of stakeholder identification before Develop project charter. So here some stakeholders are already identified and documented. So option C makes sense to choose. The stakeholders list mention i...
by manishpn
Wed Feb 05, 2020 9:24 pm
Forum: PMP® Open Forum
Topic: Clarification for Issue Log
Replies: 4
Views: 15827

Re: Clarification for Issue Log

When we need to log an issue in the issue log? We need to register all issues in issue log as long as it not sensitive and should be restricted to select few stakeholder What are all the criteria? There are no specific criteria, it depends on how important is the issue and its potential impact on t...
by manishpn
Tue Jan 21, 2020 5:49 pm
Forum: PMP® Open Forum
Topic: Actual cost
Replies: 1
Views: 5111

Re: Actual cost

Hi Mr Abishek & Team I have a qn regarding Actual cost. This is the question. You are the project manager for a project to install water coolers in SUSS. You planned to build 2 water coolers a month for twelve months. Each water cooler is planned to cost $100. Your project is scheduled to last for ...
by manishpn
Tue Jan 21, 2020 5:47 pm
Forum: PMP® Open Forum
Topic: PTA
Replies: 1
Views: 5187

Re: PTA

We normally do not provide math answers unless you have tried and applied the formula., the reason is if you need to learn Math problem you have to attempt first and learn from mistakes ,
Kindly provide your own calculation and lets discuss
by manishpn
Tue Jan 21, 2020 5:46 pm
Forum: PMP® Open Forum
Topic: PMP question
Replies: 5
Views: 7275

Re: PMP question

You have just been authorized to manage a new project for your company. Which of the following best describes your first action ? A. Create WBS B. Develop Project Charter C. Develop Project Management Plan D. Figure out who has a stake in the project Source answer given is C , but my answer is D , ...
by manishpn
Sun Jan 12, 2020 6:16 pm
Forum: PMP® Queries and Tips
Topic: Stakeholder Engagement Query
Replies: 2
Views: 6345

Re: Stakeholder Engagement Query

Hi , What is the difference between Stakeholder Requirement, Expectation and interests. Are the ways of capturing these three are different? Regards, Sivapriya I am not sure i understood your question, All stakeholder related information is captured in stakeholder register and the strategy to engag...
by manishpn
Sun Jan 12, 2020 6:06 pm
Forum: PMP® Open Forum
Topic: Change Request!
Replies: 12
Views: 9874

Re: Change Request!

Question: Jean is the manager for the web design team. She is working with the team to finalize the final report that was developed during the close project phase. Which of the following will not be part of this report? A: Summary level description of project performance B: Cost variance details C:...
by manishpn
Sun Jan 12, 2020 6:04 pm
Forum: PMP® Queries and Tips
Topic: PMP Exam Content Outline Changes July 2020
Replies: 3
Views: 5597

Re: PMP Exam Content Outline Changes July 2020

Hi, My PMP application is approved and I have to schedule the exam. There is an update on the PMI website that says - the exam content outline is changing from July 1, 2020 and have given new topics (People, Process, Business Environment) for question allocation. Removed the earlier I, P, E, MnC, C...
by manishpn
Sat Jan 04, 2020 11:58 am
Forum: PMP® Exam Lessons – Success Stories
Topic: PMP success story
Replies: 3
Views: 5457

Re: PMP success story

Congratulations, well deserved and thanks for sharing the information
by manishpn
Fri Jan 03, 2020 2:46 pm
Forum: PMP® Queries and Tips
Topic: Project Documents
Replies: 1
Views: 4415

Re: Project Documents

Hi Sir, How do we identify if a document is a part of Project documents or Part of Project Management Plan. Scope Management Plan which is an outcome of one of the processes is considered as PMP and Requirements trace ability matrix which is also an outcome of a process is considered as Project doc...
by manishpn
Fri Jan 03, 2020 2:35 pm
Forum: PMP® Queries and Tips
Topic: Schedule Test dates.
Replies: 1
Views: 4186

Re: Schedule Test dates.

Hello, I have submitted my application and has been accepted and given time till Oct 2020 for payment and test schedule date. My question is with the current version of PMBOK 6th edition will i be able to appear for the test after July 2020. Please answer. and if yes the should wait for PMBOK 7th e...
by manishpn
Fri Jan 03, 2020 2:32 pm
Forum: PMP® Queries and Tips
Topic: Project Schedule Management - Rolling Wave Planning
Replies: 1
Views: 5323

Re: Project Schedule Management - Rolling Wave Planning

Hi Team, "rolling wave planning may create the need for updates to the project management plan, specifically the schedule, scope, and/ or cost baselines. These changes require integrated change control, beginning with a change request." Can you please elaborate a little on this? When do we go for I...
by manishpn
Thu Jan 02, 2020 6:56 pm
Forum: PMP® Queries and Tips
Topic: Estimate Activity Durations
Replies: 1
Views: 5302

Re: Estimate Activity Durations

Hello Sir, During Estimate Activity durations (Schedule Management) We have 'Basis of Estimates' as one of the outputs. Do we maintain a separate document for 'Basis of Estimates' or do we update them in 'Assumptions Log' itself? Request your clarification in this regard. - Sivapriya. Basis of esti...
by manishpn
Thu Jan 02, 2020 6:52 pm
Forum: PMP® Queries and Tips
Topic: Control account are used in defining activities?
Replies: 4
Views: 6361

Re: Control account are used in defining activities?

"A control account is a management control point where scope, budget, and schedule are integrated and compared to the earned value for performance measurement. A control account has two or more work packages, though each work package is associated with a single control account" So in that case does...
by manishpn
Thu Jan 02, 2020 6:49 pm
Forum: PMP® Open Forum
Topic: Change Request!
Replies: 12
Views: 9874

Re: Final report

Question: Jean is the manager for the web design team. She is working with the team to finalize the final report that was developed during the close project phase. Which of the following will not be part of this report? A: Summary level description of project performance B: Cost variance details C:...
by manishpn
Thu Jan 02, 2020 6:39 pm
Forum: PMP® Open Forum
Topic: Change Request!
Replies: 12
Views: 9874

Re: Change Request!

Question: You received a call from the sponsor about a scope related change on your project. During your preliminary investigation, you realized that this change would cause delays in your project’s schedule. After several exhaustive discussions, the CCB decided to approve the change request. Now, ...
by manishpn
Sat Dec 07, 2019 11:20 am
Forum: PMP® Open Forum
Topic: Question related to PMI ethics
Replies: 2
Views: 6012

Re: Question related to PMI ethics

*Question 4* :- You have just been hired by a waste management company to start a solid waste management program in an under-developed country. The project will be on a build-operate-transfer basis and have a duration of 2 years. At close of the project, the program will be run by local authorities...
by manishpn
Sun Nov 24, 2019 5:43 pm
Forum: PMP® Queries and Tips
Topic: Leadership Styles
Replies: 1
Views: 5004

Re: Leadership Styles

Hi Expertss, I am confused with the Leadership styles of 'Charismatic' and 'Transformational'. Can someone please provide some points on these two. Also between 'Servant Leader' and 'Transformational'. I understand that Transformation Leader provides Rewards or punishments based on the way we do th...
by manishpn
Sat Nov 23, 2019 12:57 pm
Forum: PMP® Queries and Tips
Topic: Chapther3
Replies: 1
Views: 4402

Re: Chapther3

sivapriya wrote:Hi Expert,

I see that the Chapter 3 in PMBOK 6 is 'The Role of Project Manager' but i see in Rita it is 'Project Management Processes' . Can some one please let me know if this chapter of Rita is to be prepared or not.
I have not seen latest RITA, but PMBOK chapter should not be skipped
by manishpn
Mon Nov 18, 2019 11:00 am
Forum: PMP® Open Forum
Topic: Stakeholder Engagement Plan
Replies: 1
Views: 4427

Re: Stakeholder Engagement Plan

We have discussed this in past
please refer to
http://forum.izenbridge.com/viewtopic.p ... lan#p39778
by manishpn
Sat Nov 09, 2019 12:18 pm
Forum: PMP® Queries and Tips
Topic: EVM relationship at the end of project
Replies: 1
Views: 4395

Re: EVM relationship at the end of project

Hi, Can someone please explain what happens to EAC, BAV, PV, EV at the end of project. Which one equals the other when the project is completed. Regards. Kindly watch Sakets webinar which are available on our youtube channel. Once you have doe that try to explain yourself and then we can discuss. I...
by manishpn
Sat Nov 09, 2019 12:13 pm
Forum: PMP® Queries and Tips
Topic: Clarification needed for organisation strategy
Replies: 1
Views: 4461

Re: Clarification needed for organisation strategy

You belong to an oil corporation company where there is a strategic shift in making gasoline products to petroleum products. The company need to select one project out from four. The first project is related to upgrading the ERP system to increase productivity by 17%. The second is related to train...
by manishpn
Sat Nov 02, 2019 6:45 pm
Forum: PMP® Queries and Tips
Topic: Clarification regarding Portfolio Project and Program
Replies: 1
Views: 4572

Re: Clarification regarding Portfolio Project and Program

Hi Experts, I have just started going through the Izenbridge course videos and got a doubt in Chapter1. As per my understanding Project can exist under Portfolio directly instead of Program. So, For Program is it mandatory to exist under Portfolio? No it is not mandatory for a program to be under p...
by manishpn
Sat Nov 02, 2019 6:40 pm
Forum: PMP® Queries and Tips
Topic: Risk Response question - Accept Vs Mitigate
Replies: 2
Views: 4699

Re: Risk Response question - Accept Vs Mitigate

Your company has bagged a number of government contracts dealing with setting up infrastructure.This includes setting up roads and bridges.This is a very big and prestigious project so your company would like to ensure everything is planned well in advance.You are the project manager of this projec...
by manishpn
Sat Nov 02, 2019 5:30 pm
Forum: PMP® Queries and Tips
Topic: Terminated project - document level of work completed
Replies: 2
Views: 4830

Re: Terminated project - document level of work completed

You are in charge of a project to build a bridge across a river.You are midway through the project.However due to changes in environmental laws the project can no longer proceed and would need to be terminated.Executive management has asked you to document the level of work completed for the projec...
by manishpn
Sat Nov 02, 2019 4:50 pm
Forum: PMP® Queries and Tips
Topic: Work performance Measurement
Replies: 2
Views: 4937

Re: Work performance Measurement

You have replaced an earlier project manager.The project is already in its third month of execution.You need to determine if the project is ahead or behind schedule.What would be the BEST source of this information ? A. Work performance data B. Work performance Measurement C. Project Management sof...

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