Featured PMP Exam Lessons Learned from Stephanie Minick, PMP

Featured PMP Exam Lessons Learned from Stephanie Minick, PMPHer study approach, tips and more on becoming a PMP shared to us by PM PrepCast student Stephanie Minick, PMP.

I took the test this morning and passed!! What a sigh of relief! Here was my study approach:

My study materials included: PMBOK Guide, PM PrepCast videos, PM PrepCast Exam Simulator and Rita's book.

I had surgery the beginning of July and was off from work for the full month. I used that to my advantage. I was able to get most of my hard core studying done in that time frame (6-8 hours per day M-F and 4-5 hours on weekends). First, I read the PMBOK Guide completely (that didn't help much). Then I started the PM PrepCast videos. I absolutely love the videos!!! Cornelius made them fun and easy to follow. I highly recommend them, especially for those who need more than just reading material to study. As I watched the videos I would refer back to the PMBOK Guide to reinforce my understanding of the knowledge areas.

After I finished all of the videos and took the small practice tests included, I started utilizing the Exam Simulator. Note: I took a full practice exam that I found online before I started studying just to get a basis of where I was. I scored a 58% so I needed to improve significantly. My first test with the Exam Simulator (after watching all of the videos once) put me somewhere around 65%. I begin using my practice exams as my study guides. I would take a test every weekend and spend my study time during the week focusing on the questions I got wrong and filling in those gaps. When I went back to work in August my study time decreased significantly. I would study M-F for about 2-3 hours in the evening and then get about 8 hours in on Saturday and 4 hours for the practice exam on Sunday. Even with all of that I still needed to improve - I was scoring around 70-75% consistently.

Read more here: https://www.project-management-prepcast.com/kunena/pmp-exam-lessons-learned/4279-passed-exam-4mp-1p-september-28th


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PMP Exam Tip: What is the To-Complete-Performance-Index (TCPI)?

PMP Exam Tip: What is the To-Complete-Performance-Index (TCPI)?The To-Complete-Performance-Index (TCPI) allows a projection of the anticipated performance required to achieve a goal.

As a simple example: You are driving in your car to a friend’s house. You promised that you would arrive at 3pm. It is now 2:15pm and you have 30 miles to go. Your TCPI is the speed that you need to drive in order to arrive on time. (This is obviously not a perfect example for the TCPI, but it gets the point across: The TCPI defines the performance required in order to achieve a previously set goal.)

The PMBOK Guide defines TCPI as the calculated projection of cost performance that must be achieved on the remaining work to meet a specified management goal, such as the budget at completion (BAC) or the estimate at completion (EAC). That is why there are two formulas - one calculates the TCPI to achieve the BAC and one to achieve the EAC.

TCPI can also be compared with the Cost Performance Index (CPI). This can provide additional performance information. For example, if the TCPI is greater than the current CPI then future efficiency must improve if the project is to achieve the BAC or EAC.

If the cumulative CPI falls below the baseline plan, all future work of the project will need to immediately be performed in the range of the TCPI (BAC) to stay within the authorized BAC. Whether this level of performance is achievable is a judgment call based on a number of considerations, including risks, schedule, and technical performance. Once management acknowledges that the BAC is no longer attainable, the project manager will prepare a new estimate at completion (EAC) for the work, and once approved, the project will work to the new EAC value.

Review the complete definition and formulas for TCPI in the Project Cost Management chapter of the PMBOK Guide. The TCPI is covered in the Tools & Techniques section.


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Free PMP Exam Sample Question

Free PMP Exam Sample QuestionYou are managing a complex hardware design project. Deadlines are aggressive and the project team is stressed. You schedule a team meeting to motivate the team and to share some newly-approved design changes. During the meeting you realize that the attendees are either not paying attention to you or they do not seem to understand what you are trying to communicate. What is a potential reason?

A. You did not set the ground rules
B. You are not using referent power
C. You did not build an effective team
D. You are not focusing on non-verbal communication

HINT: You are not communicating effectively.

All our questions are updated to the latest PMBOK® Guide standard. Stop by at http://www.pm-prepcast.com/freesimulator and try the PMP Exam Simulator free for 3 days. We also offer 110 free questions at http://www.free-pm-exam-questions.com. We are a PMI Registered Education Provider.

Answer and Explanation:
The correct answer is D.

Non-verbal communication involves body language and gestures. Paralingual communication involves variation of tone and pitch. Effective listening involves monitoring non-verbal and physical communication and providing feedback to indicate whether the message has been clearly understood. All three are necessary elements of effective communication. Using referent power is useful while executing a project. Building an effective team is nothing to do with your communication.


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