Cost Management – The Basics
As they say, “Its all about the money, honey.” If you look at it, all projects boil down to money. If only you had a bigger budget, you could get …
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Schedule Management – Practice Questions
Q1: You are the Project Manager on a construction project. You have worked with your team to define the dependencies and estimated their durations and resource requirements. Now you are …
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Integration Management – The Basics
If you don’t already know, the key role of the Project Manager is to perform integration. Bring everything together. Project Integration Management involves consolidating actions that are crucial for successfully …
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Do you need to know Critical Chain Method or a Project Management Software to clear the PMP exam?
Recently, in a Lounge Fever video, I mentioned how it is not important to know the Monte Carlo technique to clear the PMP exam. That triggered questions on two other …
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What to do with Work Performance Data and Work Performance Information during and after the project?
Right off the gate, you will definitely agree that Work Performance Data and Work Performance Information are pretty useful to manage your ongoing project. But how about once the project …
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Is Monte Carlo used on real life Projects or is it a concept to learn just for PMP?
How many Project Managers do you know of that use the Monte Carlo technique? Not many? Everyone? None? Is this simply a topic for the PMP exam or is this …
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Get PMP without a 4-year degree and documents required for PMP Application
What if you don’t have the four-year degree that is a pre-requisite for PMP certification? How do you become eligible to write the PMP exam? Also, what are the documents …
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Why can’t we use Fast-Tracking and Crashing on every project by default?
We have seen how Fast-Tracking and Crashing work as Schedule Compression Techniques. Since most of the projects, most of the time run behind schedule, why can’t we simply use these …
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Overview of Control Schedule Process
Finally, we are down to the last process of Schedule Management knowledge area. Control Schedule process is part of the Monitoring and Controlling Process group. In terms of the work you would …
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Resource Optimization Techniques – Leveling and Smoothing
There could be times in your project when only the resource ‘A’ can perform a certain activity. You need to ensure that ‘A’ being a critical resource shouldn’t be doubly …
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