17 Ocak 2017 Salı

5 Simulator for PMP Exam

BrainBOK

BrainBOK offers a toolkit to study for the Project Management Professional (PMP) and Certified Associate in Project Management (CAPM) exams that is combined with BrainBOK's ITTO (input, tools and techniques, and output) Explorer, Exam Simulator, Flashcards, and Quiz. There is also a project management course completion certificate.
Its features include:
  • ITTO Explorer, which helps in the mastery of PMBOK ITTO
  • an exam simulator with realistic and challenging questions
  • flash cards that cover almost every topic you need to know for the exams
  • a quiz, which is a proprietary quiz engine with built-in intelligence

Exam Central

Exam Central offers a web-based PMP exam simulation with over 1,000 questions that are based on the 5th edition of the PMBOK Guide. The site provides detailed answers and progress reporting charts.



Features include:
  • PMP practice exam questions reviewed by PMP experts. For easy access, there's web-based analytical progress reporting and explanations.
  • full-length exams that follow the actual timed exam process, and group percentages.
  • PMP flash cards with customizable card deck subjects, analytical progress reporting, and detailed explanations covering all topics.
  • a PMP dictionary with a comprehensive list of terminology offering easy to understand definitions with alternative versions, easy to use category selection, and search features.

PM Exam Simulator and PM PrepCast

PM Exam Simulator and PM PrepCast, founded by Cornelius Fichtner, PMP, CSM, have exam simulators to prepare for the PMP, CAPM, and PMI Agile Certified Practitioner (PMI-ACP) exams. There is a separate pool of questions for each exam, and questions were created "specifically for one exam type and simulators ensure that candidates will never see an ACP question in the PMP simulator or the other way around." PrepCast offers video training, exam simulation, and exam coaching options.
Core features include:
  • detailed explanations
  • three exam modes
  • accessible through a PC, tablet, or phone
  • mark for review
  • up-to-date content
  • start now or start later
  • live feedback
  • unlimited repeats
  • in-depth statistics
  • a realistic environment
  • 24/7 support

Skillset

Skillset offers basic and pro exam simulations with thousands of practice questions, classified by skill and ranked by difficulty, and a "readiness score" that tells candidates when they are ready for higher stakes exams.
Features include:
Basic
  • unlimited access to thousands of practice questions
  • exam readiness scores
  • smart reinforcement
Pro
  • focused training ensures candidates are exam ready
  • personalized learning plans
  • an exam alignment engine to a candidate's current baseline knowledge
  • ways to eliminate wasted study time
  • an exam pass guarantee

Velociteach

Founded by Andy Crowe, a leader in the IT project management industry, Velociteach has courses that combine three practice tests to help candidates prepare for the PMP exam. It consists of "600 unique questions, answers, and explanations in a simulated PMP exam environment."
PMP and PMP-ACP exam simulations can also be purchased on the site via Amazon, along with a PMP exam quick reference guide.

Whizlabs

Whizlabs offers a "unique step-by-step, online learning model that combines online instructor-led training with an online simulated series of tests wrapped in an exam simulator and video tutorials to maximize success in achieving certification."
Features include:
  • four full-length mock exams with 995 unique questions
  • objective-based practice tests
  • exhaustive explanations with every question
  • tips and tricks
  • revision notes
  • reports to assess strengths and weaknesses
  • unlimited access

29 Kasım 2010 Pazartesi

PMP'liği düşünenlere güzel linkler

http://bit.ly/pmbootcamp 2400+ PMP(r) New Simulated Question Banks
http://bit.ly/pm-bestdotcom Hidden link to free PMP(r) Questions and Tools
http://bit.ly/pducast Earn monthly PDU's from home or from the beach
http://bit.ly/pmprepcast PM PrepCast Get 35hrs-Cheapest Way
http://bit.ly/pmformulas PMP(r) Exam Formula Study Guide
http://bit.ly/pmflashcard Over 1750+ PMP(r) Exam Flash Cards
http://bit.ly/pmpbargain Top PMP Resources at bargain price
http://bit.ly/ritatestdisc Rita Simulation Fastrack Discount
http://bit.ly/certtest4thedi Cert Champ PMP Exam 4th Ed Test Free
http://bit.ly/ritabkdisc Rita Mulcahy PM Prep
http://bit.ly/pmbokbkdisc PMBOK(c) 4th Edition
http://bit.ly/pmbokqadisc PMBOK(c) PMI's Official Qs Ans
http://bit.ly/crossbkdisc CrossWind PMP Exam Success Series
http://bit.ly/kimguidebkdisc Kim Heldman - PM Study Guide
http://bit.ly/pmstar PM-Star - Gear Up for PMP Exam (Qs & Training)

9 Eylül 2010 Perşembe

Project Quality Management

Project Quality Management

Formüller

Key Concept and Formulas for PMP Exam

Earn Value Formulas

Project Selection Financials

PV (Planned Value) = BCWS (Budgeted Cost of Work Scheduled

EV (Earned Value) = BCWP (Budgeted Cost of Work Performed)

AC (Actual Cost) = ACWP (Actual Cost of Work Performed)

SV = EV – PV (minus is behind schedule)

CV = EV – AC (minus is over budget)

SPI = EV/PV (Less than 1 is behind schedule)

CPI = EV/AC (Less than 1 is over budget)

EAC = AC + (BAC-EV) Use when variances are atypical

EAC = AC + [(BAC-EV)/CPI] Use when variances are typical

(Note: This is the same as EAC = BAC/CPI)

VAC = BAC – EAC

ETC = BAC – EV Use when variances are atypical

ETC = (BAC – EV)/CPI Use when variances are typical

ETC = EAC – AC Use when original estimates were flawed

NPV (Net Present Value) = FV/(1+r)n

FV= Future Value, r= interest rate, n= no. of time periods

Higher NPV is better

IRR (Internal Rate of Return) = Solve the NPV equation for r

Also called Hurdle Rate

Higher IRR percentage is better

BCR (Benefit/Cost Ratio)

Higher BCR is better.

Beware, exam can call it CBR, where lower is better

ROI (Return on Investment) = Earnings/Investment

Higher ROI is better

Payback Period = Time to recover cost of the project

Lower payback period is better

Cash Flow = Cash In Cash Out

Network Diagram

Calculating Stackor Float

Precedence Diagramming Method (PDM)

  • Also called Activity on Node (AON): Activities are in boxes
  • Most commonly used today
  • Has 4 relationships: F-S, S-S, F-F, S-F
  • No “dummies” (zero duration dependencies) allowed
  • Can analyze using either Three-Point Estimates or CPM

Arrow Diagramming Method (ADM)

  • Also called Activity on Arrow (AOA)
  • Only 1 relationship: F-S
  • Can have “dummies”
  • Can analyze using either Three-Point Estimates or CPM

Graphical Evaluation and Review Technique (GERT)

  • Allows loops and repetitive activities

Total Float (also called Slack, Float, or Project Float) is the total amount of time an activity can be delayed without delaying the project finish date.

Free Float/Slack is the amount of time an activity can be delayed without delaying its successor (following activity).

  • LS – ES: Calculates slack with forward pass
  • LF – EF: Calculates slack with backwards pass

Lag Time: Inserted wait time between activities

Lead Time: Overlapping activities, also called paralleling or fast tracking.

“Lead In; Lag Out”

Three Point Estimates, or PERT

Accuracy of Estimates

PERT = PROGRAM Evaluation and Review Technique

Holds schedule and lets cost float

3 estimates for each task: Optimistic, Pessimistic, and Most Likely

Mean Estimate = (O + 4*ML + P)/6

Standard Deviation (s) = (P O)/6

Variance = s2 , or [(P – O)/6]2

Standard deviation of tasks on CP = Sum of variances

Order of Magnitude:-25% to +75%

Budget Estimate:-10% to +25%

Definitive Estimate:-5% to +10%

Powers of a Project Manager

Conflict Resolution (Best to Worst)

1. Expert: Best, earned on your own

2. Reward: Next best. Based on PM position

3. Formal: Power, based on PM position

4. Referent: Referring to positions of others

5. Penalty: Worst. Based on PM position

1.Problem Solving: Also called Confronting

2. Compromising: Solutions satisfy both parties

3. Withdrawal: Postponing a decision

4. Smoothing: Emphasis on agreement

5. Forcing: One viewpoint at expense of another.

Sources of Conflict (Order of Priority)

Herzberg’s Motivators

1. Schedules

2. Project Priorities

3. Resources

4. Technical Opinions

5. Administrative Procedures

6. Cost

7. Personality

1. Achievement

2. Recognition

3. Challenge of the work itself

4. Responsibility

5. Advancement

6. Growth

Channels of Communication

Closing

Between Team Members = N(N-1)/2

Project is closed when administrative closure is complete.

Administrative closure is done at end of each Project Phase and at the end of the Project.

Contract closure: verification that deliverables were acceptable; it is done once at the end of the contract.

Contract Closure Procedure is produced under “Close Project”

1 Ocak 2010 Cuma

PMP Sınavına nasıl hazırlanmalı?

Preparatory Material For the Exam

1. PMBOK
2. http://PmBootCamp.org 2400+ Questions
3. Question Bank (Oliverman)
4. Rita PMP Prep (Professional & Social Responsibility only)

I used the above material for the exam. However prior to preparation for the exam I had read a lot of books on Project Management (Meredith/ Grey & Larsen/ Rita Risk Management/ Books on TQM/ Six Sigma/ Procurement). Therefore before I picked up the PMBOK I did have decent theoretical knowledge of Project Management.

I started preparing for the exam seriously only once I had scheduled it. This was in Mid March. I had two months for the exam. I started reading the PMBOK at work (around 10-15 pages a day). Completed reading it in about 20 days and understood everything. Whilst my first reading I completely understood and practiced memorizing the ITTOs. I never moved or jumped till things were clear. If something wasn’t, then ofcourse we do have the internet. Kept up this generic reading till 2 weeks before the exam.

Shifted to top gear then. Spent about 8-12 hrs a day studying and on the weekends maybe more. Read the PMBOK again. This time in 6 days. After every chapter I would take the full test from http://pmbootcamp.org on that topic. My scores varied from 68% to 90%. I reviewed all my mistakes and made notes. I read the Social and Professional responsibility section from Rita Exam Prep. After completing the second reading, took 2 full PMP exams from pmbootcamp. Scored 81% and 88%.

Revised all the chapters, using PMBOK, my notes and the brain dump in 2 days. Took the Full PMP . Scored only 74% and was rather disappointed. Took Olivermans 75 question test and scored about 55. Some questions I had never seen before and some were really stupid mistakes that I made. Last days just chilled out looking at my notes.

The days of the exam:-
I had scheduled my exam for 12. Got up read my notes for a couple of hrs listened to some music and off I was. Reached the Testing centre bout 45 mins prior to the exam and the lady asked me if I wanted to start right away. I said no. Went for a 5 min walk, came back and started my test at 1130. Used the 15 mins to dump the formulas, framework and and other stuff on to the sheet.

During the exam, remained focused, no breaks, answered all questions (even if I did mark them for review) and finished about 25 mins early. Reviewed a few questions and then the time was up. There was a questionnaire about the testing facilities which I answered. Thereafter covered my face with my hands and peeked through one eye and it said congratulations. Was overjoyed.

Some tips:
1. One never studies till you schedule your exam.

2. One never schedules his exam until he fills up his application, so don’t wait. There will never be the perfect moment.

3. Understand the PMBOK. Makes it easier to memorize it. That was even if you forget, it doesn’t matter.

4. Take tests from different sources. Helps you cover more topics. Do as many as you can... one nice resource http://pmbootcamp.org

5. When you get a question, which you don’t know. Don’t just review the question review the entire topic. e.g - A question on Maslows theory, read up all the leadership and motivational theories you can (Maslow, Vroom, Mcgregor, Herzberg, Z theory) because the questions can come from any and maybe differently worded.

6. Do the brain dump in the exam in the first 15 mins. Even if you don’t use it in the exam, atleast you are starting the exam with something you know

7. Cover the additional topics not in the PMBOK properly – Leadership, HR, NPV/ PV/ IRR/ FV etc, Professional and social responsibility.