Exam Nearing - pls advice...
can you help with answer for below, i believe (b) is correct answer, any views?
During planning processes, you used Monte Carlo simulation to quantitatively assess cost and schedule risks of your project. During risk control, you repeat the technique, and it leads to different results. What should not be the reason for that?
o Some assumptions during planning have meanwhile become fact-based knowledge, so that the risks related to them have vanished or have become certain problems.
o New risks may have been identified. These influence the input data used for Monte Carlo simulation in a way which was not predictable at the time when the simulation was run.
o Some constraints have been identified originally, but their influence on the project was unclear when the simulation was run for the first time. By now, the team understands these constraints much better and has been able to adjust the simulation.
o Some dummy activities in the network logic have an element of uncertainty, which gets bigger over time. While the project proceeds, it gets even harder to predict how the team members assigned to them will perform.


ppalkonda1975
Sun, 07/21/2013 - 21:00
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answer should be choice 4 as
answer should be choice 4 as dummy activities dont have any work assigned
whats the answer?
akkarthik
Sun, 07/21/2013 - 21:35
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yes, answer is 4. can you
yes, answer is 4. can you tell why pls?
ppalkonda1975
Sun, 07/21/2013 - 21:45
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As I mentioned in my above
As I mentioned in my above reply..dummy activities do not have work assigned to them..so there is no question of risk associated with them and nor you need to monitor or control them and question is asking which is NOT right
hope this helps
akkarthik
Mon, 07/22/2013 - 11:32
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if they are dummy activities,
if they are dummy activities, why are they initally considered in the M-C Analysis, cant they be ignored then?
ppalkonda1975
Mon, 07/22/2013 - 14:40
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The questions asks "What
The questions asks "What should NOT be the reason for that?", so you need to look for answers which won't lead to different results of analysis and choice 4 would be the answer for that
And question does not say anything about dummy activities and they would not have been considered in initial run as well...if you do not have data or work, then you cannot measure it....right?
Hope this helps to clarify you question
akkarthik
Mon, 07/22/2013 - 18:32
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Ofcourse, it does..Thanksyou
Ofcourse, it does..Thanks
you nailed it as you did the PMP exam(which i just learnt) Congrads on that!
ppalkonda1975
Mon, 07/22/2013 - 19:19
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Thanks Karthik!! Let me know
Thanks Karthik!!
Let me know when you give your exam!
All the best!
akkarthik
Tue, 07/23/2013 - 03:43
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Hi ppalkondaMy exam is on
Hi ppalkonda
My exam is on Thursday... Jul 25th and i lost chance of changes!
I have given below tests
techfaq360 (easier) - 85%
Exam central (easier)- 80%
Scordo 17 & 18 - around 70%
PMP For Sure - 68%
OL 75 & OL 175 - both 72%
i am planning to attempt the below before exam,
Effective PMC 200q mock exam
Simplilearn 200q mock
Edwel(iwebexam) mock test
Scordo - 13 - 16
can anyone suggest the correct order to attempt based on importance please?
Thanks
akkarthik
Tue, 07/23/2013 - 11:54
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Exam nearing - please advice...
Attempted the Effective PMC 200 situational questions....i could attempt only 190 and failed very badly :-(
Now, i am feeling i am not ready for the exam....
Pls advice if i should take the Simplilearn or Edwel mock tests or just concentrate on gaps as my exam is day after tomorrow...
thanks
ppalkonda1975
Tue, 07/23/2013 - 16:16
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Once you get PMStudy scores
Once you get PMStudy scores then you will know better about your preparation....let me know your results...as of now you are doing okay
ppalkonda1975
Tue, 07/23/2013 - 16:15
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Karthik I did not see
Karthik
I did not see PMStudy in your list of mock tests, I know it is paid but I would suggest you to take at least 2 PMStudy exams of 200 questions...I think this is important and comes at the top of the list
second I would go with Simplilearn. I have not taken PMC or Edwel...I did do Scordo but felt easy and did not finish other chapters...it is good for concepts but not tough
All the best
Lisbeth
Wed, 07/24/2013 - 11:38
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I would suggest PMstudy
I would suggest PMstudy tests too. Go through it am sure it will ne helpful.
akkarthik
Wed, 07/24/2013 - 18:23
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Thanks both, I have to count
Thanks both, I have to count them from my second attempt... :-(
Just revising with Abhishek's and Rofa's Notes...
Good Luck to me!
jaqjes
Thu, 07/25/2013 - 05:46
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The PM PrepCast (For PMBOK Guide 5th Edition)
http://nanacast.com/vp/112694/238339/16236/