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Free PMP Exam Sample Question

 

QandA11Question:

Which of the following statements regarding the Close Project or Phase process is correct?

A. The Close Project or Phase process is used only for successful projects
B. The Close Project or Phase process is always the last process that is performed during the project
C. The Close Project or Phase process is performed prior to the administrative closure
D. The Close Project or Phase process completes all procurements

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Hint: Close Project or Phase is the process of finalizing all activities across all of the project management process groups to formally complete the project or phase.

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Answer and Explanation:

The Correct Answer is B.

The PMBOK Guide defines this process as follows: "Close Project or Phase is the process of finalizing all activities across all of the Project Management Process Groups to formally complete the project or phase." The Close Project or Phase process is used for both the successful and failed projects. Saying that this process completes prior to the administrative closure is incorrect. And the process is definitely not responsible for dealing with closing the procurements. The only statement that is correct in all possible cases is that the Close Project or Phase process will be the final project process.

 

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Learn how social media fits into project management

Where does social media fit into project managementI am speaking at PMI-4C on November 1st!

Join me as I discuss and demonstrate how social media has affected individuals, organizations and projects.

I believe that social media is not a passing fad. Instead, social media is here to stay and is becoming ever more universal in how we do business and execute our projects.

It is therefore the responsibility of the project manager to guide the project team in determining how to best implement and use social media on their projects.

Key Learning Objectives & Takeaways when you attend this event:

  • Understand social media trends and global usage of social media
  • Define social media "Themes" and "Types"
  • Examine practical uses of social media on projects
  • Describe social media lessons learned (based on survey feedback and implementations)
  • List actionable steps to implement social media on projects

Register now!

No walk-ins allowed for this event.

* Earn 2 PDUs

 

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Join me at the Conscious Software Development Telesummit Nov 10th-21st

Creating successful custom software for your organization is hard - over 70% of projects fail!

Conscious Software Development TelesummitPerhaps you have seen some of these common issues:

  • deploy late
  • go over budget
  • have missing/buggy features
  • requirements scope creep
  • team miscommunication and conflicts
  • "shelfware" that is just not adopted by users
  • not aligned to the organization's strategy

And software projects can be a headache to hire for, manage and architect, right?

What to do?

Listen to my interview on "Good Project Management Will Make Me a Better Developer Right?" at the Conscious Software Development Telesummit which is November 10th - 21st 2014:
http://conscioussoftwaredevelopment.com/CorneliusFichtner

Register for the summit for free. Then listen to another 21+ interviews and read the transcripts for detailed notes on how you can bring more consciousness to your software projects and organization. And stop the 70% of zombie programming projects that give you headaches, loose you tons of money and waste your team's time.

Hear from 21+ top experts on software, team relations, strategy, deployment and more. So you discover things that you don't know that you don't know about creating successful projects and managing your portfolio of apps. This elite group of software superstars, best selling authors, popular podcasters, outstanding bloggers and celebrity coaches are imparting decades of experience, wisdom and some very generous free resources to help you begin making progress immediately.

This unique panel of experts is all unified under one vision; to empower you with practical understanding of how you can put their knowledge to use, bring consciousness to your software challenges and transform your work for the better.

It is easy to participate. Sign up for free with your email. Then listen to the MP3 interview recordings any time or anywhere: on your commute, office or home.

Join other leading CIOs, VPs of Development, project managers, architects, stakeholders, end user champions and all those want to bring more awareness and choice to the complex art of software creation.

Until Next Time,
Cornelius Fichtner, PMP, CSM

 

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PMP Exam Tip: Crashing & Fast Tracking explained...

CMA Tip orange copy

 

Schedule compression is used when the desired result is to create output faster than indicated in the original project, without having to change the project scope.  Schedule compression is particularly beneficial if a competitor is working on the same type of project and you need to finish ahead of your competitor. It may also be a company decision to complete a project more quickly than originally scheduled based on various factors.

Two examples of techniques used for Schedule Compression are crashing or fast tracking. You should be familiar with these two techniques for the  PMP exam.

Crashing: When the crashing approach is used, any additional costs associated with rushing the project are reviewed against the possible benefits of completing the project on a shorter timeline.  Additional items to consider when using the crashing approach include adding more resources for the project, allowing additional overtime, paying extra to receive delivery of critical components more quickly, etc. Crashing only works, when adding more resources will lead to a faster completion of a project. For instance crashing will not work by adding more resources to "the concrete in the foundation has to dry for 3 days".

Fast Tracking: Fast tracking is applied by re-scheduling various activities within the project to be worked on simultaneously instead of waiting for each piece to be completed separately.  This method is best used when activities can be overlapped. The risk involved is that problems can occur if parallel aspects of the project include dependencies. So if you work on design and production at the same time your risk is that you need to rework production if the design is change half way through the process.

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Featured PMP Exam Lessons Learned from Afiq Islam, PMP

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This week's featured lessons learned comes to us courtesy of Afiq Islam, PMP.

Learn tips from this success story and on how he treat the PMP exam like a Project. Take a peek...

It was definitely a journey! I think more than the materials, what helps is the plan on how you are going to study. Meaning, treat it like a project!

Depending your schedule, the total preparation can take anywhere from 6 weeks to as much as a full year. In my case, I took the 40 hour bootcamp class in last week of January 2014. After the class, I took the Final Exam from the classroom textbook and scored around 60%. I then took some free mock exam and scored about the same. That was an indication that I am not ready for this exam at all. I continued to study, but it was hard to stay focus when I had planned vacation and business conferences in place: I went to Las Vegas, Cancun, Phoenix, North Carolina, Georgia, and Philadelphia. Pretty much within March-June, it was like living off suitcase. As a result, the study was not focused even though I carried my study materials everywhere I went.

I remember the last time (since today, Monday, Sept 22, 2014), I went out was on July 4th weekend. After that, yes I had some family/friends pressure, but I tried to refrain from it as much as I could and studied about 4 hours a day after work and 20 hours between the weekends. Family/friends cooperation is highly important to allow complete focus. This was my strategy! You can label it as having no life...

More here: https://www.project-management-prepcast.com/index.php/kunena/lessons-learned/3735-passed-the-exam-treat-like-a-project

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Cornelius Fichtner, PMP

Project manager, PMP trainer, host of The PM Podcast, public speaker and gummi bear connaisseur.

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