Great explanation. Thank you for the examples that help me a lot to remember the concepts. I'm trying to apply PMP and I learn a lot with your videos. Congratulations.
Exploit - Used for golden opportunities with high probability and potentially high positive impact, and the project cannot afford to miss. Here, a response is planned to remove uncertainty completely making it unavoidable. Enhance - Here you enhance opportunities by increasing probability and/or impact. Of course, if the probability is increased to 100%, then this is effectively an exploit response.
a subcontractor's opportunity doesn't necessarily mean that it is your opportunity. It could be a threat if impacts one of your constraints. as it's a threat, you can escalate to sponsor so you can appeal to releasing the management reserve. however, what if it's an opportunity? would you escalate to the sponsor or generate a risk response?
If needed, when you wish to seek management support on exploiting something you can escalate. In general Project Manager should do all in his/her power to get the things resolved first.
Thank you!! Vidhya for exploring our content. Please find the video on "How much time does it take to prepare for the PMP exam?" ua-cam.com/video/XXYuHtD6yiM/v-deo.html Yes there good opportunities for PMP Certified professionals. Refer to the following blog for more insight "Why PMP® Is For Project Managers?" www.izenbridge.com/blog/pmp_why_project_manager_certified/
hi i am gopal i have three diploma in mechanical engineering i have experience 15 years shall i can apply pmp certification, i am working as pipeline designer
Thanks for exploring our content, Gopal. The pre-requisite for the PMP exam in case of the 3-year diploma is, you need to show 5 years of project management experience. If you have worked on projects end to end and your role involve project management activities, you can definitely go for PMI-PMP. You can also check your eligibility for PMP here www.izenbridge.com/pmp/eligibilitycalculator/
thank you very much for a beautiful explanation video. i'm glad you touched on the difference between exploit and enhance, as well
Thank you
Great explanation. Thank you for the examples that help me a lot to remember the concepts. I'm trying to apply PMP and I learn a lot with your videos. Congratulations.
Glad it was helpful! All the best. let us know in case you need any support.
Sir, you have the same explanation/definition for Exploit and Enhance. Pls explain the difference between both.
Exploit - Used for golden opportunities with high probability and potentially high positive impact, and the project cannot afford to miss. Here, a response is planned to remove uncertainty completely making it unavoidable.
Enhance - Here you enhance opportunities by increasing probability and/or impact. Of course, if the probability is increased to 100%, then this is effectively an exploit response.
a subcontractor's opportunity doesn't necessarily mean that it is your opportunity. It could be a threat if impacts one of your constraints. as it's a threat, you can escalate to sponsor so you can appeal to releasing the management reserve. however, what if it's an opportunity? would you escalate to the sponsor or generate a risk response?
If needed, when you wish to seek management support on exploiting something you can escalate. In general Project Manager should do all in his/her power to get the things resolved first.
Sir, How long would it take to finish PMP ?? Is there good opportunities for the people who finished PMP
Thank you!! Vidhya for exploring our content. Please find the video on
"How much time does it take to prepare for the PMP exam?"
ua-cam.com/video/XXYuHtD6yiM/v-deo.html
Yes there good opportunities for PMP Certified professionals. Refer to the following blog for more insight
"Why PMP® Is For Project Managers?"
www.izenbridge.com/blog/pmp_why_project_manager_certified/
hi i am gopal i have three diploma in mechanical engineering i have experience 15 years shall i can apply pmp certification, i am working as pipeline designer
Thanks for exploring our content, Gopal. The pre-requisite for the PMP exam in case of the 3-year diploma is, you need to show 5 years of project management experience.
If you have worked on projects end to end and your role involve project management activities, you can definitely go for PMI-PMP. You can also check your eligibility for PMP here
www.izenbridge.com/pmp/eligibilitycalculator/