PMP LESSON LEARNED BY GK, PMP
Hi Team, My regrets for late update since I was caught up with deadlines. The whole team is inspirational and we usually get a push every time each one you pass the exam and conquer the peaks. I’d like to…
Hi Team, My regrets for late update since I was caught up with deadlines. The whole team is inspirational and we usually get a push every time each one you pass the exam and conquer the peaks. I’d like to…
At Education Edge in our PMP COURSE, we provide all the help in every aspect of PMP. Therefore we are now called The One Stop PMP shop. Here are the Guidelines for filling up a PMP application: Guidelines for filling…
Lately we have received so many inquiries from Project Managers that are in a panic to pass the PMP Exam before it changes to align with the new PMBOK6. For anyone who has attempted the exam recently or is in…
Knowledge Area #9 – Procurement Critical Highlights: • Procurement Statement of Work (SOW) is a legal document subject to legal reviews, legal advise should be sought throughout the whole procurement process • sellers are external to the project team • need to go through all…
Knowledge Area #7 – Communication Critical Highlights: • Assure the timely collection, generation, distribution, storage, retrieval and ultimate disposition of project information • Very important to the ultimate success of the project • Message transmission: 7% in word, 38% in vocal pitch, 55% in body language (Albert Mehrabian)…
Knowledge Area #6 – Human Resource Critical Highlights: • Sexism, racism or other discrimination should never be tolerated, no matter what the circumstances. You must separate your team from discriminatory practices, even if those practices are normal in the country where…
Knowledge Area #5 – Quality Critical Highlights: • Everyone in the organization is responsible for the quality (project team for destined parts while PM for project quality), PM is ultimately responsible for the project quality • Prevention over inspection • Outliers are singular measurements outside…
Knowledge Area #4 – Cost Critical Highlights: • sunk cost – cost already incurred in the past and cannot be recovered, do not consider anymore • opportunity cost – difference in value between one path vs alternative (= 100% of value of next best alternative) • value analysis/…
Knowledge Area #1 – Integration Critical Highlights: • Integration management is needed when processes interact or in other words integration knowledge area overlaps all other knowledge areas to identify, combine, unify and coordinate various processes/activities and manage the interdependencies • Communication is most important aspect of integration • a PM…
Risk Knowledge Area Summary § risk identification, management and response strategy impacts every area of the project management life cycle § everyone is responsible for identifying risks § risk has one or more causes and has one or more impacts § risk…