Thursday, June 30, 2011

PMHUB-G How to get $15 discount off PM Exam Simulator

Click PM Exam Simulator Link below:
http://www.premiumcast.com/vp/74111/13484/

It will direct you to to The PM Exam Simulator Homepage

You click on the button "Click here to save $15"

It will send you to a page with "Share to Get" button
Click the "Share to Get" button
You will be given the option to post via Twitter or Facebook
Voila! You will be directed to a page about the discount coupon code
to get $15 OFF

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Wednesday, June 29, 2011

PMHUB-G archives of LL and PM artciles

Collection of all PMP, CAPM and PgMP Lessons Learned, artcles on PM etc
http://shar.es/HlEhx

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PMHUB-G Big change coming to the PMP Exam (60 days left...)

Jeff Furman, PMP: Big change coming to the PMP Exam
HIS CHANGE MAKE THE TEST HARDER?

It's much easier to answer ethics questions "in context," meaning when
you are able to look at the questions specifically as ethics
questions. This is because when you know which questions are ethics
questions (as with the exam currently) you are able to think to
yourself, "OK, this is an ethics question, what are they asking for,
based on the PMI Code of Ethics And Professional Conduct?")

But after August 30th, test-takers will no longer have that luxury. A
question, for example, testing a PM on "what is the most ethical cost
management decision here?" will be thrown in as just one of the many
questions in the Planning, Executing Monitoring and Controlling, etc.
sections of the test. So the same question will ......
more here
http://shar.es/Hlx65

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PMHUB-G pmhub has shared: David J. Lanners: How PMPs can earn PDU for FREE

For nPMP only: How to get PDU for FREE:
David J. Lanners: How PMPs can earn PDU for FREE
David J. Lanners: How PMPs can earn PDU for FREE
Source: pmhub.net

 
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Sunday, June 26, 2011

PMHUB-G pmhub has shared: Michael Fickery: PMP as of 1/11/11

Michael Fickery: PMP as of 1/11/11
Source: pmhub.net

 
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PMHUB-G pmhub has shared: Asad Naqvi: Passed the PMP Exam 23-01-2011

Asad Naqvi: Passed the PMP Exam 23-01-2011
Asad Naqvi: Passed the PMP Exam 23-01-2011
Source: pmhub.net

 
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PMHUB-G IA Memon Pressed the END Button and become a PMP

1. It took me almost a year to prep for the exam because of my other
goals. I read Rita twice and PMBOK twice.
2. Didn't memorize ITTOs and infact there is no need to cramp ITTOs.
Rather I understood ITTOs.
more here: http://www.pmhub.net/wp/2011/06/i-a-memon-i-pressed-the-end-button-and-passed-the-pmp-exam/

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Tuesday, June 21, 2011

PMHUB-G PMP Only: New Guide on Collecting PDU for FREE

David J Lanners, MBA(Harvard), PMP intro to his document on PDU:
"The enclosed summary and attached one-page "printer-friendly" guide
reflect the changes to the recertification program(s) implemented by
PMI on March 1, 2011.

The guide was developed in response to the following question posed by
a very successful executive: "If a PMP or PMP candidate will waste
his/her own money on pedestrian education and/or training, how careful
are they likely to be with somebody else's money?""

http://pmhub.net/forums/viewtopic.php?f=17&t=15742

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Sunday, June 19, 2011

PMHUB-G Updated Guide to Earning Free PDUs . . .

Dear Friends,

 

The enclosed summary and attached one-page “printer-friendly” guide reflect the changes to the recertification program(s) implemented by PMI on March 1, 2011.

 

The guide was developed in response to the following question posed by a very successful executive:  “If a PMP or PMP candidate will waste his/her own money on pedestrian education and/or training, how careful are they likely to be with somebody else’s money?”

 

--------------------------------------------

 

Project Management Professionals earn PDUs without spending money...

.

To earn PDUs without spending money, we suggest you consider Category C, D, and E.

Category C Activities that we recommend are:

 

Self-Directed Learning. You may earn 1 PDU for every hour spent in self-directed learning such as reading articles, books, or instructional manuals, watching videos, using interactive CD-ROMs, podcasts, or other source material, having formal discussions with colleagues, co-workers, clients, or consultants, being coached.

Documentation required upon PMI audit/request: Evidence supporting reported learning such as dated notes.

Category D Activities that we recommend are:

 

Presenting in a webinar, developing course content for project management related courses, serving as a speaker or instructor for project management related courses and presentations.

You may have a series of “formal” presentations over lunch in your employee cafeteria scheduled by your training department. Keep a copy of the formal announcement, a copy of the AGENDA, and a list of the attendees. Both the time required to prepare or create this knowledge and the time to present it can be claimed for PDUs. If you spent 7.5 hours to create your presentation and 1 hour to deliver it, this would count for 8.5 PDUs.

Member or moderator of a panel discussion at a conference, symposium workshop or formal event at which you are serving as a subject matter expert in project management. 1 PDU earned per hour of prep and delivery.

Note: PDUs claimed in this category count against the maximum of 45 PDUs allowed for PMP credential holders in the “Giving Back to the Profession” categories (Categories D, E, and F).

Documentation required upon PMI audit/request: Copies of educational materials OR course agendas.

Category E Activities that we recommend are:

 

Volunteer (non-compensated) service to a non-profit organization (PMI or non-PMI). To claim PDUs for service as an elected or appointed PMI committee member, you must serve in that role for a minimum of three months. However, providing pro-bono (free) project management services to any non-profit community group earns 1.0 PDU for each full hour of volunteer (non-compensated) service regardless of elapsed months.

Delivering free PM-related services to a non-profit community group enables you to earn PDUs much faster than serving on a PMI Chapter committee which requires a minimum of three (3) months service to qualify.

Note: PDUs claimed in this category count against the maximum of 45 PDUs allowed for PMP credential holders in the “Giving Back to the Profession” categories (Categories D, E, and F).

Documentation required upon PMI audit/request: Letter or certificate from the organization served acknowledging you for your project management related service or role in coaching mentoring others.

Category F (Working as a Project Manager)

 

Working as a Professional in Project Management. You can earn a total of 5 PDUs per 12 month period or 15 total PDUs per cycle for credential holders.

Documentation required upon PMI audit/request: Proof of employment (Job description).

* Certification programs sponsored by non-profit organizations cannot require that only commercially sold (fee paid) courses qualify for certification or recertification. If you are a PMP, you have the designation that PMI promotes as being associated with professionalism in project management. That designation (or other similar certifications) likely qualify you to present material that is consistent with the PMBOK Guide in order to earn PDUs for helping educate others in the profession. Since the PMP designation is intended to promote professionalism in project management, you are doing so in an honorable way when you teach others in a manner consistent with the PMBOK Guide.

This summary reflects program changes implemented by PMI on March 1, 2011.

 

--------------------------------------------

 

Here is a direct link to a one-page "printer-friendly" summary for PMPs:  http://bit.ly/k833qa

 

 

Best regards, David

 

David J. Lanners, MBA, PMP

CFPIM, CIRM, CMQ/OE, CQA, CQE

Linkedin: http://linkd.in/leaderhelper

Twitter: twitter.com/leaderhelper

 

Gratias ago ergo sum

"I thank therefore I am."

 

** THE BEST COMPLIMENT I CAN RECEIVE IS A “THANK YOU” **

 

PMHUB-G Which curve or line represents the cost baseline?

Which curve or line represents the cost baseline?

A) Slanted line

B) S-curve

C) Z curve

D) PQ curve

answer: http://pmhub.net/forums/viewtopic.php?f=102&t=15739

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Saturday, June 18, 2011

PMHUB-G pmhub has shared: David J. Lanners: How PMPs can earn PDU for FREE

David J. Lanners: How PMPs can earn PDU for FREE
David J. Lanners: How PMPs can earn PDU for FREE
Source: pmhub.net

To earn PDUs without spending money, we suggest only Category 2 and Category 5 activities. Category 2 Activities that we recommend are: 2C - Speaker on
 
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PMHUB-G pmhub has shared: John Reiling: Embrace the ITIL Trend – Advance Your Career in IT Project Management

John Reiling: Embrace the ITIL Trend – Advance Your Career in IT Project Management
John Reiling: Embrace the ITIL Trend – Advance Your Career in IT Project Management
Source: pmhub.net

 
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PMHUB-G pmhub has shared: ChadAm: Passed June 4, 2011 – First Attempt

Chad: Passed PMP June 4, 2011 –
ChadAm: Passed June 4, 2011 – First Attempt
Source: pmhub.net

largest and most active project managers community
 
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PMHUB-G pmhub has shared: L. Johnson: Cleared PMP

very interesting PMP Exam LL
L. Johnson: Cleared PMP
Source: pmhub.net

largest and most active project managers community
 
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Thursday, June 16, 2011

PMHUB-G what to write in your PMP Exam application

Question: Do you have an example of project write ups on PMI
application -- best in class examples of how to summarize your
projects -- I have drafted mine and would like to evaluate my
application against best in class for structure, etc....

More here

http://forums.pmhub.net/viewtopic.php?f=102&t=15673

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PMHUB-G John Reiling: Are you Agile?

You may have brushed up against this term in relationship to athletic
ability...or probably even more recently in your career. Agile can
potentially apply to a lot of different things...and has more recently
been applied especially to software development.
More on Agile here:
http://www.pmhub.net/wp/2011/06/john-reiling-pmp-are-you-agile/

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Wednesday, June 15, 2011

PMHUB-G Exam Tips: Cost of Quality

The cost of quality (COQ) as it relates to project management is frequently misunderstood. It is a monetary figure but it does not solely relate to how much it will cost to provide a quality product or service through the project as most people initially believe.
for more:
http://www.pmhub.net/forums/viewtopic.php?f=102&t=15737

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PMHUB-G list of 57 LL (PMBOK 4 exam)

here is the 57 LLs link - a great resource to motivate you and provide you with thousands of tips and tricks

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Monday, June 13, 2011

PMHUB-G Help for Part III of Experience Verification Form

I have started my preparation for PMP and while going through PMI's PMPHandbook, I came across this section of Experience verification wherein you have to summarize the project tasks in all 5 process groups.
And the book states that you have to summarize the deliverables in the process groups. I am bit confused about this word "deliverable". 

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PMHUB-G Is this a PTA Question?

This is a good thread on how to interprete a question.  Wrong interpretation => wrong answer
The link is:
http://pmhub.net/forums/viewtopic.php?p=31584&sid=7729337b7a82f4556b385750c4105d1c
Question: A fixed-price-plus-incentive-fee (FPI. contract has a target cost of $130,000, a target profit of $15,000, a target price of $145,000, a ceiling price of $160,000, and a share ratio of 80/20. The actual cost of the project was $150,000. How much profit does the seller make? 

1. $10,000 
2. $15,000 
3. $0 
4. $5,000



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PMHUB-G New Resources from Andy Crowe's company especially for PMHUB members

Great News for PMHUB members. If you would like to earn PDUs or pass the PMP Exam – please continue reading
VC

Velociteach is an Atlanta based company founded and managed by Andy Crowe, author of "The PMP Exam: How to Pass on Your First Try". We're happy to announce that Velociteach is now a sponsor of PMHUB. Many of you have passed the PMP Exam with the help of this resource, and you've provided great reviews of this book.

(Here is a review of Andy Crowe's book "The PMP Exam: How to Pass on Your First Try" 72% rated this book  very useful/udeful.

http://pmhub.net/forums/viewtopic.php?f=69&t=13973&sid=80b70098c2130dd50ce94538d492ff33

Velociteach is a Global Registered Education Provider with PMI, delivering project management and certification training. Insite e-Learning is a web-based PMP Exam Preparation System that enables you to take on-line classes and study at your own pace. InSite is more than a collection of sample test questions – it's an interactive exam preparation system. By monitoring your progress, it acts as a virtual coach, identifying the areas that may need work.

InSite is also a terrific source for earning PDUs – it's flexible and affordable.

As part of this sponsorship, Velociteach is offering 15% off all Insite e-Learning with this Promo Code: pmhub4insite

To earn PDUs: click this link: https://insite.velociteach.com/best_practices.aspx

If you are a PMP aspirant, click this link: https://insite.velociteach.com/view_all_courses.aspx

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PMHUB-G PMP Exam grading, the state of PMI and PMP etc etc

Interesting insights on PMP grading, quality of PMI's offerings, math skills of PMP aspirants and certifications
here:
http://forums.pmhub.net/viewtopic.php?f=59&t=12970

PMI revised the PMP/CAPM scoring last Nov 2007!

Postby PMHUBadmin » Thu Jan 17, 2008 11:00 am

PMI has been providing PMP & CAPM exam-writers their % mark on each performance domain (Initiating, Planning, Executing, etc), and exam-writers could apply the proportions and calculate an overall score.

As of 2008 it will just indicate "Proficient, Moderately Proficient, and Below Proficien

Comments:
t". ......

I've heard it said that if one wants to know whether or not to trust somebody with $100, lend them $1 and observe how well they manage it.

Today I received my receipt for $139.00 as payment for my membership dues through 28 Feb 2009.

However, the 8.5" x 11.0" paper sheet with the plastic membership card attached was PRINTED ON THE WRONG SIDE OF THE PAPER.

Therefore, the blank plastic form intended to become my membership card is on the back side of the sheet and is still blank.

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PMHUB-G Herr Lehmann answer PMHUB member's question on EVM

This question by ChadAm was answered by Herr Lehmann himself

From Lehmann 75 Sample Questions
You are assigned as the project manager to a project which had a one-time cost variance in the past caused by unexpected rework which has meanwhile been finished. 

You perform Earned Value Analysis and find the following results: 
EV: 250,000; PV: 200,000; AC 275,000

BAC is 500,000.

What is right?

A EAC = 550,000 
B EAC = 525,000 
C EAC = 500,000 
D EAC = 425,000 

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PMHUB-G Wisdom from Gandhi himself

Read the PMBOK- Read 1 more book…I read Rita's which was pretty good but sometopics she really is carried away with her own thought process bitsure if PMP needs that- I would NOT recommend doing all the freebies out there. They are good to revise what you have done but exam questions are totallydifferent- You will NEVER be ready for the exam. Just create your brain dumpand go with it.- Relax and take the exams……stretch, take a break, look outsidethe window, change positions…….control the exams.



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Thursday, June 9, 2011

PMHUB-G Chad-Cherries ITTO tables and tips - published!

Here is another study tools - just updated...

Cherries developed her ITTO study tool in 2 years ago and Chad updated this tool for his PMP study

Chad's Ll is here: http://www.pmhub.net/wp/2011/06/chadam-passed-june-4-2011-first-attempt/

This is the link to the tool:
http://www.pmhub.net/forums/viewtopic.php?f=47&t=15730

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Wednesday, June 8, 2011

PMHUB-G Chad passed PMP June 4

I successfully became PMP certified on June 4th, 2011. The best part is the accomplishment and the hard part is filling my free time – but it's not that hard to find things to do.The test is fair and balanced to test your knowledge.
http://www.pmhub.net/wp/2011/06/chadam-passed-june-4-2011-first-attempt/

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PMHUB-G Lessons Learned

I recently passed my CAPM exam on my first try. It was a long study process which involved several hours of reading a night to fully understand the PM methodologies and processes. At first I was bogged down by the amount of material (Over 12 chapters, 42 processes, 9 Knowledge area, and plenty of ITTOs), but I approached it one day at a time, and nearing the exam it all came together. I would just like to share my method of preparation. 

more here: PMHUB blog http://www.pmhub.net/wp/

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PMHUB-G Myth on Contact Hours (hours of courses as pre-req for PMP Exam)

Myth on Contact Hours: Valid Only for courses from PMI REP

Contact hours is in fact valid for life and from any provider (not only from REP)

Details here:
http://www.pmhub.net/pmdigest/component/content/article/1-articles/56-vaility-of-contact-hours

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Tuesday, June 7, 2011

PMHUB-G Decision making in Project Portfolio Selection--Online Survey

Hello,

You are invited to participate in a short online survey approx. 10 min on academic research topic “Decision making in Project Portfolio Selection”. The online survey requires participants to be working at the managerial positions in an organization. It is advised to keep a pen and paper for the survey questions. 

You can find more details like aim of research, data confidentiality, and contact persons once you start the survey. Thank you in advance for your participation. You are welcomed to forward this online survey link to people who are interested to participate.

Please follow the below mentioned link to start the online survey:

http://projectselection.questionpro.com

 

With Best Regards

Syed Muhammad Zaki Abbas

Msc. Project Management

Northumrbria University, Newcaslte, UK

syed.abbas@northumbria.ac.uk


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Monday, June 6, 2011

PMHUB-G PMP aspirants: 84 days - this is your road map

84 days before your target date 8/30/2011
This shows you a road map to PMP
http://www.pmhub.net/pmdigest/component/content/article/1-articles/85-road-map-to-pmp

How to deal with ITTO and PMP and CAPM tips and tricks
http://www.pmhub.net/pmdigest/component/content/article/35-tips-and-tricks/65-pmp-tips-and-tricks

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Sunday, June 5, 2011

PMHUB-G Another Indonesian Paper Featured in a Global PM Publication..... : http://www.pmworldtoday.net/featured_papers/2011/june/Adopting-Standardized.html

Colleagues,
Please join us in congratulating Ms. Ibra Ufauwid, BIS, CCC, who just
had her paper "Adopting Standardized WBS/CBS Coding Structures as
Enablers for Activity Based Management using SAP® ERP for
Telecommunications Industry" accepted for publication as a FEATURED
PAPER in the prestigious PM Forum/PM World Today E-magazine- the
world's largest and most widely respected project and program
management e-zine. http://www.pmforum.org/library/papers/2011/PDFs/june/FP-IbraUfauwid.pdf

In addition to being published by the PM Forum, her paper has also
been selected for translation into Italian for the "Associazione
Italiana di Ingegneria Economica" (http://www.aice-it.org). (Italian
Engineering Economics Society)

Ms. Ibra researched and wrote this paper as one of the requirement to
earn the prestigious Certified Cost Consultant/Cost Engineer
certification through AACE. http://www.aacei.org/educ/cert/CCC/

She joins fellow Indonesian professional, Farid Maloni who had his
CCC/E paper "Project Management, Earned Value and Prompt Payment
Practices Observed from the View of Islamic Syariah Law" featured in
the PM World Today publication back in September, 2010.
http://www.pmforum.org/library/papers/2010/PDFs/sep/FP-MALON.pdf

We are very proud that we are able to contribute some small part in
raising the professional image of the English as Second Language (ESL)
practitioner in the developing world by mentoring and facilitating the
research and publication of these world class papers in applied
project, program and asset management, gaining global exposure to
emerging world leaders.

Who else is ready to move beyond the PMP and accept this challenge?

BR,
Dr. Paul D. Giammalvo, CDT, CCE, MSCPM, Jakarta
Sr. Technical Advisor, PT Mitratata Citragraha
http://www.build-project-management-competency.com

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PMHUB-G Contract question

In which type of contract is the seller reimbursed for performing the contract work and
receives a fixed fee payment calculated as a percentage of the estimated project cost?

A) Cost–plus-fee contract

B) Lump-sum contract

C) Cost-plus-fixed-fee contract

D) Cost-plus-incentive-fee contract

http://forums.pmhub.net/viewtopic.php?f=102&t=15727

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Saturday, June 4, 2011

PMHUB-G D Kohrell's 10 articles: PMP and Sox


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PMHUB-G John Reiling on PMP and Life after PMP


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PMHUB-G Quality question for today


http://forums.pmhub.net/viewtopic.php?f=50&t=14545
An Ishikawa diagram helps to:
1. put information in its order of priority
2. explore past outcomes.
3. show team responsibilities.
4. show functional responsibilities.

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PMHUB-G Analogous, bottom-up, parametric and three-point – PERT

Schedule (Activity Duration or Activity Resource) and Cost estimating are two lynch pins for business analysis and project management. The most common estimating techniques are: analogous, bottom-up, parametric and three-point – PERT.
http://www.pmhub.net/wp/2011/02/a-simple-matter-of-estimates-analogous-to-pert/

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PMHUB-G Jim Owens series of 37 articles on PMP and PM topics


  1. Jim Owens PMP: Business Continuity Management
  2. Jim Owens PMP: JIMBOK 4th ed – Communications Management
  3. Jim Owens PMP: JIMBOK 4th ed – Scope Management
  4. Jim Owens PMP: JIMBOK 4th ed Time Management
  5. Jim Owens PMP: JIMBOK 4th ed-Human Resources Management
  6. Jim Owens PMP: PMBOK still two-phased. Another trap for the unwary
  7. Jim Owens PMP: PMP Exam Tips on Ethics and Professional Responsibility, 4th Edition
  8. Jim Owens PMP: Should We Manage and Control Projects?
  9. Jim Owens PMP: Stakeholder Perceptions
  10. Jim Owens PMP: Who Writes the Project Charter?
  11. Jim Owens, PMP: JIMBOK 4th ed – Integration Management
  12. Jim Owens, PMP: JIMBOK 4th ed – Risk Management
  13. Jim Owens, PMP: JIMBOK 4th ed, Cost Management
  14. Jim Owens, PMP: JIMBOK 4th ed. Procurement Management
  15. Jim Owens, PMP: JIMBOK 4th ed: Quality Management
  16. Jim Owens, PMP: The PMO, Projects, Programs and portfolios
  17. Jim Owens: PRINCE2(TM) History and Overview
  18. Jim Owens: Certification World Rankings and the Glass Ceiling
  19. Jim Owens: Emotional Intelligence – an introduction
  20. Jim Owens: Expectancy Theory
  21. Jim Owens: How Much Have You Earned This Week?
  22. Jim Owens: ISO 9000 Quality Management Systems
  23. Jim Owens: Leadership, a few thoughts
  24. Jim Owens: Life After PMP
  25. Jim Owens: Matrix Organization
  26. Jim Owens: May the Fourth be with you! PMBOK 4 changes Part 1/2
  27. Jim Owens: May the Fourth be with you! PMBOK Fourth changes Part 2/2
  28. Jim Owens: Motivation 1/1
  29. Jim Owens: Motivation 2/2
  30. Jim Owens: On Motivation
  31. Jim Owens: Power in Project
  32. Jim Owens: The Hawthorne Effect
  33. Jim Owens: The power point to Power Point
  34. Jim Owens: Tips on PMP Exam
  35. Jim Owens: Training Your Memory 1/3
  36. Jim Owens: Training Your Memory 2/3
  37. Jim Owens: What is Business Process Reengineering?

 PMHUB blog - PM articles
PMHUB PM Digest - your Certification Homepage
PMHUB Facebook:  Twitter: @PMHUB

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Friday, June 3, 2011

PMHUB-G Vikas cleared his PMP June 1, 2011

I got 3 proficient (Executing, M&C & Closing), 3 moderately proficient (Initiation, Planning & Professional resp.)

There is no need to Memorize the ITTO's, your concept of why these ITTO belong in that process has to be clear.

For the full LL make sure to read:

http://www.pmhub.net/wp/2011/06/v-pandey-ll-passed-pmp-01-june-2011/

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