By Margaret Y. Chu
Bridging the distance among the 2000 and 2004 PMBOK courses, this easy-to-follow examine advisor, which incorporates a CD-ROM with over four hundred perform examination questions and downloadable learn aids, presents the busy undertaking supervisor or pupil with a concise self-study application for effectively passing the PMP or CAPM examination at the first try out. utilized in conjunction with PMI’s venture administration physique of data (PMBOK®) consultant, it offers the entire primary wisdom, ideas, and routines an aspiring undertaking supervisor will desire. It even accommodates key issues and ideas from the a number of PMI urged readings, additional lowering learn time and getting rid of the necessity for added assets. This research advisor follows the layout of the PMBOK consultant extra heavily than the other booklet out there. even if you're learning for the PMP or CAPM examination, or simply are looking to increase your undertaking administration wisdom, this booklet is a must-read. Key good points: -Presents an efficient self-study software that comes with all of the wisdom components and ideas had to comprehend the venture administration rules placed forth within the PMBOK consultant, plus routines and perform examination questions designed that will help you effectively move the PMP or the CAPM certification examination in your first test -Supplies a pre-test and post-test, in addition to pattern examination questions on the finish of every bankruptcy for perform and evaluation of your studying and development -Covers key issues and ideas from the PMI prompt readings, additional lowering learn time and putting off the necessity for extra assets -Features a variety of examination counsel and routines in the course of the textual content, with strategies mentioned and verified and a real-life case research integrated all through -Includes a CD-ROM with over four hundred perform examination inquiries to support simulate the particular PMP and CAPM checks -Offers a unfastened downloadable flashcard learn reduction of keyword phrases and ideas and slides which evaluate the PMBOK 2000 advisor and the PMBOK 2004 advisor
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Bridging the distance among the 2000 and 2004 PMBOK publications, this easy-to-follow research advisor, which incorporates a CD-ROM with over four hundred perform examination questions and downloadable research aids, offers the busy venture supervisor or pupil with a concise self-study application for effectively passing the PMP or CAPM examination at the first try out.
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Additional info for Achieve PMP Exam Success: A Concise Study Guide for the Busy Project Manager
THE INFLUENCE CURVE The ability of a stakeholder to influence a change is high at the beginning of a project and decreases as the project progresses. Conversely, the impact or cost of a change is low at the beginning of a project and increases as the project progresses, as seen in Figure 2-2. 16 2-6 J. Ross Publishing; All Rights Reserved FRAMEWORK CHAPTER 2 1 2 2 5 6 Figure 2-2 The Influence Curve FORMS OF ORGANIZATIONAL STRUCTURE 7 8 PMI stresses the importance of organizational structures as the organizational structure will often constrain the availability of resources for a project.
EXAM TIP A functional organization is recognized by PMI as being the most prevalent type of organizational structure in place today. Therefore, on the exam, when a question compares organizations and the type of the second organization is not mentioned, assume it is a functional organization. 2-7 J. Ross Publishing; All Rights Reserved 12 13 14 15 16 CHAPTER 2 FRAMEWORK CONS PROS 1 2 • Flexibility in staff use • Availability of experts for multiple projects • Grouping of specialists • Technological continuity • Normal advancement path 3 Figure 2-3 Functional Organization Pros and Cons • Client is not the focus of activity • Function rather than problem oriented • No one fully responsible for the project • Slow response to the client • Tendency to suboptimize • Fragmented approach to the project 6 Project Coordinator (PC): the PC reports to a higher level in the hierarchy and is usually a staff position.
Budget at Completion • 13 BAC = the total budgeted cost of all approved activities 10. Estimate to Complete 14 The estimate to complete (ETC) is the estimate for completing the remaining work for a scheduled 15 16 1 - 14 J. Ross Publishing; All Rights Reserved EXAM OVERVIEW CHAPTER 1 activity. Like the EAC formulas above, there are 3 variations: • ETC = an entirely new estimate • ETC = (BAC - EVc) when past variances are considered to be atypical • ETC = (BAC - EVc)/CPIc when prior variances are considered to be typical of future variances 1 2 3 11.