@@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
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.
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.
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.
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
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)
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.
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.
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!!
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.
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.
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.
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
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.
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.
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.
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?
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?
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)
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
for question number 8, rita page 396 says it should be "personality" where you have answered as "cost".
Refer to PMI, Personality is correct answer
www.pmi.org/learning/library/construction-projects-managing-conflicts-leadership-6814
i felt so too..
This answer puzzled me too
@@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
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.
very good work . But question #8 I think least number of conflicts will occur over personality . cost then personality is the least one
balkees bannoura had the same comment it’s mentioned directly on the book
it Looks like 9 months is not enough time to comment or fix an issue. abandoned courses
I love this training as each answer was explained in details
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.
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.
These are very high quality questions, thanks for sharing!
Passed with AT in my first try! Thank you so much for contributing to our knowledge and sharing valuable material. Greetings from Greece!
I guess I'm quite off topic but do anyone know a good site to stream newly released series online ?
This was really helpful... I got most questions right
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
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)
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.
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.
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.
Very useful Q&A content, highly appreciated 👍
Questions are good, kindly create more videos like it. Thanks.
Good questions, helps really understand the way the questions are framed.. thank you
pmpwithyou.blogspot.com/p/pmp-question-of-day_7.html
question 3: can you assume that both critical paths occur simultaneously ? can they occur at different times?
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!!
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.
define activities - answer should be template not rolling wave.... i believe
Question #6 CPI=EV/AC=180K/150K=1.2 But CPI=1.5 was expected in the condition of the question.
For Q2, option c looks better
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.
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.
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
Good questions. So far I'm getting them all wrong. Hahaha im finished
It's why we are all here! Keep going!
Question #2 "sponsor left due to health issue" if sponsor will not be available it means pm should start close project.
Your efforts are appreciated
Thank u.
Great job!
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.
Thank you! :)
good practices
number5 question， could be undentifiable risks, machine layed there for long time, certain maintenance should be carried out already.
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.
Excellent! Keep up the good work
pmpwithyou.blogspot.com/p/last-week-posted-free-pmp-questions.html
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.
How is #4 not mitigation? Wouldn't the purpose of a contingency reserve be to mitigate the risk?
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?
I second that, shouldn't it be $600?
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?
Thanks... it is helpful :)
pmpwithyou.blogspot.com/p/pmp-question-of-day_7.html
Very good video
pmpwithyou.blogspot.com/p/pmp-question-of-day_7.html
I'm confused - I took a PMP class and was told that the EAC formula is BAC/CPI so i got $333,333,333 :/
Liked it!
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)
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
A
Does this questions will be rekeased in the emam?
Very helpful,
Why is question 11 performing and not norming?
Question 14 / Answer A
Q14,the explanation is contradictory
How Can i get the pdf of the question and answer?
I feel this is just a common-sense certification/test?
pmpwithyou.blogspot.com/p/pmp-question-of-day_7.html
You should explain the reasons behind the answers.