PMP Exam – Procurement Management – 002
Procurement Management is the process of selecting, monitoring and closing vendor contracts. For some people it is extremely difficult and for others just peanuts. Question: You have just received an …
Procurement Management is the process of selecting, monitoring and closing vendor contracts. For some people it is extremely difficult and for others just peanuts. Question: You have just received an …
Integration management is a collection of processes required to ensure that the various elements of the projects are properly coordinated. Question: Although the business value is unique to each company, each company strives …
A project management framework consists of the processes, tasks, and tools used to take a project from start to finish. It encompasses all the key components required for planning, managing, and governing projects. Question: A project …
Resource management is the process of planning, scheduling and allocating your resources to maximize efficiency. And of course get everything done. Question: During every project weekly status meeting, the PM …
Question: In which of the following scennarios would it be better to avoid using Analogous Estimating? A. When the project team members have the needed expertise B. When an accurate …
Question: The customer responsible for overseeing your project asks you to provide a written cost estimate that is 30 percent higher than your estimate of the projects cost. He explains …
Respect – directly resolve conflicts Fairness – do not discriminate Honesty – be truthful Responsible – unethical activities should be reported Here is the next challenging question for you: You …
Scope management is the process of defining what work is required and then making sure all of that work – and only that work – is done. Let’s dive into …