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PMP®  FAQs | Lead and Lag | Project Time Management | iZenBridge
 
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Stuck with PMP? Enroll in our PMP Online Training and Get PMP in 45 Days with PMBOK5 http://goo.gl/l2aQOq Visit our LinkedIn page http://goo.gl/91L1cw and stay updated with latest forum discussions. One of the most asked questions in the online forums and communities The video begins illustrating Lead and Lag using one similar example. Lead is something running ahead as a speed and lag is an amount of gap introduced in between two activities. Watch the video for a full explanation of the terms.
PMP® FAQs - What is Point of Total Assumption (PTA) ?  iZenBridge
 
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Stuck with PMP? Enroll in our PMP Online Training and Get PMP in 45 Days with PMBOK5 http://goo.gl/l2aQOq The video talks about the Point of Total Assumption. The point of total assumption (PTA) is the point above which the seller bears all the losses of an additional cost overrun on a fixed price 'incentive fee' (FPIF or FPI) contract. PTA = ((Ceiling Price - Target Price)/buyer's Share Ratio) + Target Cost Subscribe to our YouTube channel and receive email alerts of latest video upload. Join http://forum.izenbridge.com/ to become a part of the latest discussions on varied PMP® topics.
Introduction of Scale Agile Framework ( SAFe)
 
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Introduction of Scale Agile Framework ( SAFe) Enroll at iZenBridge SAFe Agilist Training Program at http://www.izenbridge.com/safe-agilist-sa/ In this video Saket Bansal from iZenBridge is explain how the scaling is managed in Scale Agile Framework, this video looks at three levels of SAFe , Team , Program and Portfolio.
PMP® FAQs : Iterative versus Adaptive Life Cycle | iZenBridge
 
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Enroll in iZenBridge PMP® Online Training Program http://goo.gl/l2aQOq The video answers following frequently asked questions by PMP® test takers. What is Predictive Lifecycle? What is iterative Lifecycle and how tasks are accomplished during this? Why do we do iterative Lifecycle? What is an adaptive Lifecycle? What are the basic differences between iterative and adaptive Lifecycle? Subscribe to our YouTube channel and receive email alerts of latest video upload. Join http://forum.izenbridge.com/ to become a part of the latest discussions on varied PMP® topics.
PMP®  | EMV & Decision Tree Analysis| Project Risk Management | Lesson 11 | Part 6
 
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Stuck with PMP? Enroll in our PMP Online Training and Get PMP in 45 Days with PMBOK5 http://goo.gl/l2aQOq Be a part of the latest discussions on PMP Training and PMP Exam http://goo.gl/91L1cw We have once again brought you an interesting topic. An Example of Decision Tree given in PMBOK 5 is discussed in detail explaining how Decision Tree and EMV for each decision path are calculated. We have to identify whether we want to build a plan or upgrade it. Most of the professionals find this decision tree analysis diagram very confusing. Let us know how you find the video presentation. Are all your queries sorted out? If not, then do drop us a comment in the following thread. We will respond with an immediate effect.
Kano Model for Requirement Prioritization
 
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It is easy to get success with iZenbridge PMI-PBA® course Enroll at iZenBridge Online PMI-PBA® course http://www.izenbridge.com/pmi-pba/online-course/ Become a part of the latest discussions on PMI-PBA® Training, and PMI-PBA® Exam http://forum.izenbridge.com/viewforum.php?f=21 The video covers, explanation of Requirement Categorization as a prioritization exercise: • Threshold/ Must Have Requirements: The absence of these features affects customers' satisfaction. If these featured are not present, customers are dissatisfied and they can walk out from your services. But their presence does not increase customer satisfaction after a mid-point as these are the basic requirements that a user expects to be there. • Linear Requirements: These are the features: more we provide, the more satisfied our customers become. There is a proportional relationship between the presence of these requirements and the customer satisfaction. • Exciter Requirements: These are those features which customers don't even know they want. If we provide them, they feel delighted Do drop us a comment /feedback so that we can bring more learning videos and presentation to you.
PMP®  | Organization Theories | Project Human Resource Management
 
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Organizational theories also referred to as motivational theories. We begin exemplifying Maslow's need hierarchy. • Physiological needs • Safety • Social esteem (power/authority) • Self Actualization Some other theories were discussed. Theories X and Y The third is Herzberg's motivation-hygiene theory (two-factor theory) How these theories are important? Watch a complete explanation of these theories help a project manager to develop and manage the team. This video is based on PMBOK® Guide Fifth Edition. We have complete PMBOK® Guide Sixth Edition program, for more details please visit: https://www.izenbridge.com/pmp/online-course/ For any PMP® exam-related concept discussion, you can participate in iZenBridge forum: forum.iZenBridge.com.
PMP : Configuration Management : iZenBridge
 
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What is configuration Management? This includes a formal control change process. We begin with preparing a configuration management plan which tells us which all items are configurable. The video explians: -Configuration Management Plan -Configurable Items -WBS Dictionary -Configuration Management Activities Performed during Perform Integrated Change Control Process. Subscribe to our YouTube channel and get email alerts of latest video upload. Enjoy Watching Video! This video is based on PMBOK® Guide Fifth Edition. We have complete PMBOK® Guide Sixth Edition program, for more details please visit: https://www.izenbridge.com/pmp/online-course/ For any PMP® exam-related concept discussion, you can participate in iZenBridge forum: forum.iZenBridge.com
Difference between risk mitigation plan and contingency plan | iZenBridge
 
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Stuck with PMP? Enroll in our PMP Online Training and Get PMP in 45 Days with PMBOK5 http://goo.gl/l2aQOq Join the latest discussions on PMP® Certification Training and Exam http://goo.gl/91L1cw The video talks about the significant differences between Risk Mitigation Plan and Contingency Plan. While studying Project Risk Management knowledge area, most of the PMP® aspirants get confused in between Mitigation Plan and Contingency Plan. This video clears the confusion and illustrates the difference between two with real life example. Mitigation is doing something proactive to reduce the probability or impact of risk while in contingency, you identify the triggers/figures that may result into risk but set them aside and look for warning signs. When we mitigate, we plan and invest in advance, while in contingency, we look for warning signs. You can join in the conversations and be a part of the current discussions on iZenBridge Forum. Post your questions and suggestions here http://goo.gl/VCSKGE You can also subscribe to our YouTube channel and receive email alerts of latest video upload. You can also join our free Webinar/Google Hangout sessions. Visit http://www.izenbridge.com/webinars/ Enjoy Watching Video!
PMP FAQs : To Complete Performance Index (TCPI) | iZenBridge
 
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Enroll at iZenBridge PMP® Online Training Program http://goo.gl/l2aQOq Join us at http://goo.gl/VCSKGE/ and become a part of the latest discussions on varied PMP® topics. In this video our lead trainer, Saket Bansal explains the basic fundamentals behind ‘To Complete Performance Index.’ He explains in detail how to calculate them. Most of the times, PMP® aspirants get confused in between ‘cost performance index and to complete performance index. They also have doubts on the utility of the ‘To complete performance index’. To understand the concept, watch and listen to the video carefully. Do drop your feedback and recommendations for the webinar topics in the comment box. Subscribe to our YouTube channel and get email alerts of latest video upload.
PMP® Enterprise Environmental Factors and Organization Process assets | PMBOK 5 | Lesson 2 : Part 2
 
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The training video is about enterprise environmental factors and organization process assets - these two are always inputs to most of the project planning processes. But, we need to know and understand the surrounding environment and accordingly organize. -Organization process assets include Knowledge base and organization level processes and procedures -- these two assets are discussed in detail -Enterprise environmental factors are the ones which influence our project. Can be categorized under two broad categories - Internal environment and external environment -- discussed in detail You can also watch video trainings on Project Time Management http://www.youtube.com/watch?v=nRtx0RisdX4 This video is based on PMBOK® Guide Fifth Edition. We have complete PMBOK® Guide Sixth Edition program, for more details please visit: https://www.izenbridge.com/pmp/online-course/ For any PMP® exam-related concept discussion, you can participate in iZenBridge forum: forum.iZenBridge.com
PMP®  | Introduction |  Project Integration Management
 
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In this video, our lead trainer Saket Bansal explaining how Project Integration management knowledge area integrates outcome of all rest of PMBOK processes. This video is based on PMBOK® Guide Fifth Edition. We have complete PMBOK® Guide Sixth Edition program, for more details please visit: https://www.izenbridge.com/pmp/online-course/ For any PMP® exam-related concept discussion, you can participate in iZenBridge forum: forum.iZenBridge.com
PMP®  FAQs | Critical Path Method | Project Time Management | iZenBridge
 
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Stuck with PMP? Enroll in our PMP Online Training and Get PMP in 45 Days with PMBOK5 http://goo.gl/l2aQOq Join our ongoing group discussions related to PMP at http://goo.gl/91L1cw The video talks about Critical Path Method in a schedule network diagram We begin our discussion using an example of an IT project. CPM is the longest path of a project schedule network diagram Slack/Float is discussed and described in detail along with examples. -Any activity on a CPM gets delayed; it delays the complete project since we do not have any float/slack on a CPM. For more knowledge of what all CPM is all about and its significance in the Project Time Management, check out the video representation Do send us your feedbacks so that we can offer you what you need most. You can also suggest us some topics for next video representation.
PMBOK 6: Earned Value Management Analysis in simple language
 
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The video starts with an example. A contractor was given a project to install 50 desktop machines for a client at USD 1000 in 5 days. So the total contract is for USD 1000. The project manager analyzed and figures out that it requires USD 100 for 10 machines per day in 5 days. Estimation of USD 100 per day makes the project cost as USD 500. USD 500 is the project cost baseline. The project cost baseline has nothing to do with what the contractor is getting. These are 2 separate conversations. This is explained in a very simple language with the help of a Table. The Table contains Day 1 to Day 5 as Rows and Plan value, Actual value and Earned value as columns. On Day-1 you install 7 machines and actually spent USD 120, whereas planned was USD 100. So you can say that you have spent USD 120 against USD 100 and installed 7 machines against 10 machines. But as per the plan, you were supposed to spend USD 10 per machine. Now earned value comes into the picture. Earned value is a combination of actual quantity and planned rate. It is the terminology what is the worth of work completed against my budget. Earned value = the value of work you have done=7 *10 = USD 70 on Day1 On Day1 we actually have done the work worth USD 70 whereas we have spent USD 120 Here Planned Value =USD 100, Actual Value=USD 120 and Earned Value= USD 70. In simple language Earned value is the value of my completed work as per my cost baseline. For variance and more details please enroll in our online course at https://www.izenbridge.com/pmp/online-course/
PMP® | Project Stakeholders | PMBOK 5
 
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The training video talks about a project management knowledge area -- Project Stakeholders Management -The project team may have dedicated members and part time members. They may have project management staff and project staff. -The project team may have a functional managers or representative functional groups -This project team is designated to execute a role by a sponsor -Stakeholders are the ones who get influenced by the project outcomes. A project management team should always be aware of who all stakeholders are and how they get influenced by the project outcomes. -Governing structure described You would like to know what PMP knowledge areas is http://www.youtube.com/watch?v=Wbniyi5wFT4 This video is based on PMBOK® Guide Fifth Edition. We have complete PMBOK® Guide Sixth Edition program, for more details please visit: https://www.izenbridge.com/pmp/online-course/ For any PMP® exam-related concept discussion, you can participate in iZenBridge forum: forum.iZenBridge.com
PMP®  | Introduction | Project Stakeholder Management
 
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Stakeholder management is a knowledge area that provides tools to engage the stakeholders. Who are stakeholders? Focus on managing the engagement of stakeholders What do we need to do to engage stakeholders? It's a very important topic from PMP exam point of view. Watch complete video to see how this knowledge area works for effective stakeholder engagement. This video is based on PMBOK® Guide Fifth Edition. We have complete PMBOK® Guide Sixth Edition program, for more details please visit: https://www.izenbridge.com/pmp/online-course/ For any PMP® exam-related concept discussion, you can participate in iZenBridge forum: forum.iZenBridge.com
PMP®  | Seven Basic Quality Tools  | Project Quality Management | Lesson 8 | Part 2 | PMBOK 5
 
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Stuck with PMP? Enroll in our PMP Online Training and Get PMP in 45 Days with PMBOK5 http://goo.gl/l2aQOq Be a part of the latest discussions on PMP Training and PMP Exam http://goo.gl/91L1cw The current video talks about 7 basic quality tools of Project Quality Management. These tools are helpful in the Quality planning, quality management, effects and controls 1. Cause and Effect Diagram - analysing the root cause or resource of the quality problem 2. Flowchart -- graphical visualization of the problem 3. Check Sheet 4. Histogram 5. Pareto Chart 6. Control Chart 7. Scattered Diagram You can send us your feedback, queries or suggestion for any topic you want to have video discussion on in the following comment thread.
How is scrum master role different from Project Manager?
 
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One of the frequently asked questions in Scrum Interviews. The answer to this question validates your understanding of scrum level.
How to move to PMBOK6?
 
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In this video, our Lead Trainer Saket advising on preparing for PMP exam based on PMBOK 6. http://www.izenbridge.com/pmp/online-course
Scrum in Action.. in 10 Minutes - iZenBridge
 
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In Agile, we start with creating a product backlog. According to that backlog we work on the highest priority task first. We do this work in small timeboxed iterations, generally of one week to one month duration. During iteration, self organizing, cross functional teams do the required tasks (designing, testing, quality analysis) to produce the desired features. After completion of each iteration, team reviews the completed features with stakeholders, and according to their feedback team plan the next work and alteration, if any is there. The product should be incremented after each iteration, which can be released if appropriate. As one iteration ends, we start a new cycle planning for the next iteration.
PMP FAQs : Estimate At Completion (EAC) |iZenBridge
 
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Stuck with PMP? Enroll in our PMP Online Training and Get PMP in 45 Days with PMBOK5 http://goo.gl/l2aQOq Join us at http://goo.gl/VCSKGE/ and become a part of the latest discussions on varied PMP® topics. The video addresses some of the Frequently asked questions related to Estimate at Completion (EAC) from Earn value concept. For instance, you are executing a project which is still undergoing and you have a defined duration and an identified baseline budget (budget at completion). There comes a point when you analyze your performance, you think can it be possible to complete the project in previous budget and if not what should be the revised budget (this revised budget is the estimate at completion)? How much money is required to complete this project? The term used for the required money is ‘estimate to complete.’ EAC= AC (Actual Cost) +ETC (Estimate to complete) How can you calculate how much more money one needs to complete this project? What are the three ways to calculate this EAC? And why do we need three ways and not one formula? What are Atypical variants? Find answers to these and more interesting questions related to EAC. This is an important topic from PMP® exam point of view. Do drop your feedback and recommendations for the webinar topics in the comment box. Subscribe to our YouTube channel and receive email alerts of latest video upload
Scaled Agile Framework (SAFe) Version 4 : Introduction
 
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If we look around we see organizations trying to implement agile based approaches at an enterprise level, when organizations see results of agile based approaches in small teams they start thinking how can we make it work with big teams. Scaled Agile Framework (SAFe) is one of the most known scaling framework, SAFe framework itself is an adaptive framework and the current version 4 provides comprehensive approach for scaling agile.
PMP®  | Direct & Manage work |  Project Integration Management
 
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In the 'Direct and Manage Project Work' process, you work according to the project management plan to produce project deliverables. It is the overall management of project work. In this video, Our Lead Trainer Saket Bansal is explaining activities involved in this process like but not limited to managing people, doing the work and implementing approved changes. This video is based on PMBOK® Guide Fifth Edition. We have complete PMBOK® Guide Sixth Edition program, for more details please visit: https://www.izenbridge.com/pmp/online-course/ For any PMP® exam-related concept discussion, you can participate in iZenBridge forum: forum.iZenBridge.com
Agile Release Planning (PMBOK® Guide Sixth edition)
 
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As per PMBOK® Sixth edition, -Agile release planning provides a high-level summary timeline of the release schedule (typically 3 to 6 months) based on the product roadmap and the product vision for the product’s evolution. Agile release planning also determines the number of iterations or sprints in the release.
PMP® Perform Integrated Change Control |  Project Integration Management
 
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Perform Integrated Change Control Process is about integrating all the changes. Watch complete video to see how this process allows changes in integrated fashion. This video is based on PMBOK® Guide Fifth Edition. We have complete PMBOK® Guide Sixth Edition program, for more details please visit: https://www.izenbridge.com/pmp/online-course/ For any PMP® exam-related concept discussion, you can participate in iZenBridge forum: forum.iZenBridge.com
Know Develop Project Charter process by Saket Bansal
 
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The project charter is the most important document in starting a project. This video explains the complete details about how it developed, what all is needed and how it is vital to project success. This video is based on PMBOK® Guide Fifth Edition. We have complete PMBOK® Guide Sixth Edition program, for more details please visit: https://www.izenbridge.com/pmp/online-course/ For any PMP® exam-related concept discussion, you can participate in iZenBridge forum: forum.iZenBridge.com
Project Lifecycle from Agile Practice Guide - by Saket Bansal
 
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This video is based on PMBOK® Guide Sixth Edition and Agile Practice Guide. We have complete PMBOK® Guide Sixth Edition program, for more details, please visit: https://www.izenbridge.com/pmp/online-course/ For any PMP® exam-related concept discussion, you can participate in iZenBridge forum: forum.iZenBridge.com What is Project Life Cycle? This video talks about four types of project life cycles: 1 - Predictive: This lifecycle used when then things are predictable enough that you can plan future confidently. 2- Iterative: This life cycle includes continuous refinements by showing something and then further incorporates feedbacks. It is used when things are not predictable enough, and frequent feedbacks are needed to deliver as per expectations. The deliverables may not be usable directly by the end users, Like requirement documentation, design documentation etc. 3. Incremental: This life cycle is used when product parts are delivered in increments. These deliverables are usable immediately by the end users. 4. Adaptive: This life cycle includes both components of predictive and incremental life cycles, where using frequent feedbacks something usable is delivered. For any other queries and doubts comment down below. And Don't forget to share, like and subscribe to Izenbridge channel
PMI-ACP® : Value Stream Mapping : Lean
 
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Enroll iZenBridge 21 Contact Hours PMI-ACP Online Training Program http://goo.gl/CSLnJN Join the discussions on PMI-ACP certification and exam preparation http://goo.gl/nq1CGC Value stream mapping is a significant Lean tool. The focus is on eliminating waste. It helps us in categorizing the work and identifying the waste. The concept is explained with the simple example of an ordering food in a restaurant. For free PMI-ACP training videos subscribe to iZenBridge YouTube channel. Log on our website www.izenbridge.com for PMI-ACP certification training programs and current events.
PMP®  | Project Information | Project Management Processes
 
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Throughout the project Lifecycle we collect and generate a good amount of data and information. This data and information is very crucial. Three important terms in context with data and information as instructed in PMBOK 5 1. Work performance data 2. Work performance information 3. Work performance report -By execution of several processes and we generate work performance data. This information goes into various controlling processes which are knowledge areas wise divided. They generate work performance information. This information is utilized by an overall project controlling processes. And, this all gets compiled in a work performance report. For a complete understanding of the project information, watch the full video. To learn what are knowledge areas watch http://www.youtube.com/watch?v=Wbniyi5wFT4 This video is based on PMBOK® Guide Fifth Edition. We have complete PMBOK® Guide Sixth Edition program, for more details please visit: https://www.izenbridge.com/pmp/online-course/ For any PMP® exam-related concept discussion, you can participate in iZenBridge forum: forum.iZenBridge.com
PMP®  FAQs | Schedule Compression | Fast Tracking and Crashing | iZenBridge
 
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Stuck with PMP? Enroll in our PMP Online Training and Get PMP in 45 Days with PMBOK5 http://goo.gl/l2aQOq Join the latest discussion on our LinkedIn page and share your ideas at http://goo.gl/91L1cw In schedule compression discussion we begin exemplifying with an illustration of a schedule network diagram. Whenever we talk about schedule compression then it is compressing the schedule duration without changing the scope. We apply 'fast tracking' to accomplish the priority task then we tend to overlook the dependencies In the case of 'crashing' we don't overlook the tendencies instead put more people and number of resources to accomplish a task. Crashing tends to increase the amount of risk involved- "adding people to a late project makes it later" Hope we have resolved your doubts related to Fast tracking and Crashing. For further queries, do drop us a comment. We are eager to assist you!
PMP®  | Develop Project Management Plan |  Project Integration Management
 
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This video talks about how to develop a project management plan which is the centre document and defines the basis for all project work Watch the complete video to see how this process works in developing an efficient project management plan. This video is based on PMBOK® Guide Fifth Edition. We have complete PMBOK® Guide Sixth Edition program, for more details please visit: https://www.izenbridge.com/pmp/online-course/ For any PMP® exam-related concept discussion, you can participate in iZenBridge forum: forum.iZenBridge.com
PMP®  | Close Project OR Phase | Project Integration Management
 
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In this video, our lead trainer Saket Bansal explaining what all needed to close a project or a phase of the project formally. This video is based on PMBOK® Guide Fifth Edition. We have complete PMBOK® Guide Sixth Edition program, for more details please visit: https://www.izenbridge.com/pmp/online-course/ For any PMP® exam-related concept discussion, you can participate in iZenBridge forum: forum.iZenBridge.com
PMI ACP | Agile Certification | Eligibility Requirements
 
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In this Video Saket answerd various queries related to PMI - ACP (Agile Certified Practitioner) certifications eligibility requirements.
Funding Limit Reconcilation & S-Curve (PMBOK® Guide Sixth edition)
 
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This video talks about the output of "Determine Budget". As per PMBOK® Guide Sixth edition, the expenditure of funds should be reconciled with any funding limits on the commitment of funds for the project. It explains "How the expense when gets aggregated in accumulating fashion, start taking the shape of S-Curve, we get more details about determining the budget and how do we reconcile the funding limit with it. It is explained with an example of a small 10 days' project. The project has 2 days of analysis, 6 days of development and last 2 days for deployment. 1 person is assigned for Analysis, 3 for development and 1 for deployment. Initial 2 days 1 person, so 2 Man days, then 3 person for 6 days which means 18 man days and then 2 man days. So in total it is 2 +18 +2= 22 Man-days Assuming the rate of 1 Man day is USD 100, so the total money required is 22*100= USD 2200. A graph is plotted based on this data with days in the x-axis and money on the y-Axis. When the graph is plotted, an s-curve is formed. Expenses are on a daily basis, but one cannot go to sponsor every day for money. It is like take some, use it and request for it again after first milestone an so on. This money request inflow and outflow is funding limit reconciliation. You can explore the videos for the complete course here https://www.izenbridge.com/pmp/online-course/
PMP®  | Project Life Cycle | PMBOK 5
 
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The training video on Project Lifecycle delves at length on what Project Lifecycle is with examples and detailed description. Project Lifecycle - It is a frame or series of phases that connects the beginning and ending of the project. -Identify or distinguish focus -The phase would also give deliverables -There could be serial, overlapping, and parallel relationship from phase to phase PMBOK 5 also talks about three lifecycles more -Predictive Lifecycle -Iterative Incremental Lifecycle -Adaptive Lifecycle Watch the video for full understanding of the knowledge area. This video is based on PMBOK® Guide Fifth Edition. We have complete PMBOK® Guide Sixth Edition program, for more details please visit: https://www.izenbridge.com/pmp/online-course/ For any PMP® exam-related concept discussion, you can participate in iZenBridge forum: forum.iZenBridge.com
How do you measure the maturity of your scrum processes?
 
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How do you assess the maturity of your scrum process? What metrics should you track and when can you really say its mature? A tricky question which will catch you on the front foot, you need to be prepared with a well-thought answer.
PMP®  | Plan Risk Management | Project Risk Management
 
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Plan risk management creates risk management plan. This process mainly ensures that degree and visibility of risk management plan are according to the importance of the project. Watch the complete video to see how the risk management plan is developed to manage risk activities throughout the project This video is based on PMBOK® Guide Fifth Edition. We have complete PMBOK® Guide Sixth Edition program, for more details please visit: https://www.izenbridge.com/pmp/online-course/ For any PMP® exam-related concept discussion, you can participate in iZenBridge forum: forum.iZenBridge.com
iZenBridge's PMP® Math Series : PV , NPV , IRR , BCR and Payback Period
 
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In this presentation we have introduced some of the techniques used while performing project selection, we have seen people getting questions related to PV, NPV, IRR, BCR and Payback period in their PMP exam. Project Selection falls under Project Integration Management Knowledge Area and it gets executed before Project Charter gets prepared. Subscribe to our YouTube channel and get email alerts of latest video upload. Enjoy Watching Video! This video is based on PMBOK® Guide Fifth Edition. We have complete PMBOK® Guide Sixth Edition program, for more details please visit: https://www.izenbridge.com/pmp/online-course/ For any PMP® exam-related concept discussion, you can participate in iZenBridge forum: forum.iZenBridge.com
PMP® | How to Calculate Communication Channels?| iZenBirdge
 
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Enroll in iZenBridge PMP® Online Training Program http://goo.gl/l2aQOq The video talks about how to calculate communication channels and make calculation easy. Subscribe to our YouTube channel and receive email alerts of latest video upload. Join http://forum.izenbridge.com/ to become a part of the latest discussions on varied PMP® topics.
PMP®  | Organizational Influences & Project Life Cycle
 
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The Video talks about organization influences. Here are a few things which you need to understand as a project manager. 1. Does a Project happen in isolation? 2. What is an enterprise, what is an environment? 3. How an enterprise influences a project? 4. What is the difference between a project coordinator and project expediter? 5. Which Organizational Structure is best? You can get answers to the following questions by watching this video - Enterprise Structure : 1:26 It includes people with skills and Values, Reward System, working hour rule. You may have a set of rules or book of roles and unsaid rules as well Definition of Organization Structure: 3:29 In practice, the real influence supersedes the defined organizational structures There are many factors to consider in selecting an organizational structure like The degree of alignment with organizational objectives, Specialization/Delegation capabilities, Accountability/Responsibility assignment, Escalation path, the scope of authority, and Physical locations. Hierarchical chart of organizational structure includes -Functional type : 5:55 -Matrix : 8:21, --Weak Matrix : 8:22 --Balanced Matrix : 10:15 --Strong Matrix : 13:21 -Projectized : 15:18 -Composite : 17:11 Difference between a project expediter and a project coordinator. A project expeditor works as a staff assistant and cannot make any decision. But a project coordinator have power to make decisions. In a weak matrix organization the role of a project manager is more like an expediter or project coordinator. It maintains many characteristics of a functional organization. The Role of the project manager varies in different organizational structures. You may explore our online course https://www.izenbridge.com/pmp/online-course/ For any PMP® exam-related concept discussion, you can participate in iZenBridge forum: forum.iZenBridge.com
PMP®  | Plan Cost Management| Project Cost Management
 
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Plan cost management gives us a plan to estimate cost, budget, and how can we control the cost. Watch the complete video to see how this process gives guidance and direction on how the project will be managed throughout the project. This video is based on PMBOK® Guide Fifth Edition. We have complete PMBOK® Guide Sixth Edition program, for more details please visit: https://www.izenbridge.com/pmp/online-course/ For any PMP® exam-related concept discussion, you can participate in iZenBridge forum: forum.iZenBridge.com
Project Management Process Group (PMBOK® Guide Sixth edition)
 
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As per PMBOK® Sixth edition, the 5 Process Groups are Initiating, Planning, Executing, Monitoring & Control , and Closing. These groups are independent of the application areas like marketing, or industry focus like construction, telecommunications. Individual processes in the Process Groups are often iterated before completion of the project or phase.
PMP Study Plan | IZenBridge
 
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Stuck with PMP? Enroll in our PMP Online Training and Get PMP in 45 Days with PMBOK5 http://goo.gl/l2aQOq Join the latest discussions on PMP Certification Training and Exam http://goo.gl/91L1cw The video talks about what should be the ideal study plan for PMP certification. The trainer recommends a Lifecycle approach for PMP certification. Find details of the three stages of the lifecycle approach that includes know, master and practice in the video. A good study plan can make your PMP Exam preparation journey fast and enjoyable. This study plan is goal oriented and gives flexibility to the learner to make their choices as required. Log on to www.izenbridge.com for complete information on PMP certification training programs running currently in your city. Subscribe to iZenBridge YouTube channel to watch free PMP training videos.
PMP®  | Validate Scope | Project Scope Management
 
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The validate scope process is used to see if deliveries verified by Control Quality can be accepted from the end user point of view. Watch the complete to know how this process works to make sure that deliverables will solve the customer problem. This video is based on PMBOK® Guide Fifth Edition. We have complete PMBOK® Guide Sixth Edition program, for more details please visit: https://www.izenbridge.com/pmp/online-course/ For any PMP® exam-related concept discussion, you can participate in iZenBridge forum: forum.iZenBridge.com
How much time does it take to prepare for the PMP exam?
 
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In this video, Saket is sharing his view on PMP preparation time. To know more about our PMP support program please visit: www.izenbridge.com #PMP #Projectmanagement #PMI #PMP Exam
PMI-ACP® : Empirical Process : Scrum : Lesson 2 : 1 of 7
 
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Enroll in iZenBridge 21 Contact Hours PMI-ACP® Online Training Program http://goo.gl/CSLnJN Join the latest discussions on PMI-ACP® Training and PMI-ACP® Exam http://goo.gl/nq1CGC The video presentation is the introduction to Scrum. Before venturing further into the detailed study of what Scrum is and how vital it is for the Agile Project Management, it is important to understand Empirical Process. Scrum is an empirical process. There is a vision and no specification derived yet. Trainer exemplifies how Empirical Process differs from a defined process. There are no defined output controls. Three scales to control output • Transparency • Inspection • Adaption When to apply empirical Process? "The goals in empirical process are not the constraints but the value." Which project is good for the empirical process kind of environment? Keep visiting for more interesting videos on Agile.
PMP®  | Identify Stakeholders | Project Stakeholder Management
 
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For the successful project outcome, the engagement of stakeholders plays a vital role. You can engage them well if you make efforts to discover who all are they, what are their needs and what are their expectations. There can be many categories of stakeholders which may come but not limited to: - People who will use it - People can give subject matter knowledge - People who are funding the project - People who will receive business benefits - People who will implement the solution - People who are interested in the outcome and are involved in some way in the project In summary, if someone has any form of interest in the project or is affected by the project outcome, they are your project’s stakeholders. This video is based on PMBOK® Guide Fifth Edition. We have complete PMBOK® Guide Sixth Edition program, for more details please visit: https://www.izenbridge.com/pmp/online-course/ For any PMP® exam-related concept discussion, you can participate in iZenBridge forum: forum.iZenBridge.com
Various forms of power (PMBOK® Guide Sixth edition)
 
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This video covers the Powers of a Project Manager as per PMBOK® Sixth edition. It talks about the following powers- Personal or charismatic, Relational Expert (skill, experience, training, education, certification); Reward-oriented (ability to give praise, monetary or other desired items); Punitive or coercive;Ingratiating (application of flattery to win favor or cooperation);Pressure-based, Guilt-based, Persuasive
PMP®  | Introduction of PMBOK | PMBOK 5 | Lesson 1
 
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Stuck with PMP? Enroll in our PMP Online Training and Get PMP in 45 Days with PMBOK5 http://goo.gl/l2aQOq To join the latest discussions on PMP Training and PMP Exam visit http://goo.gl/91L1cw We refer PMBOK 5 in our learning of PMP -The video gives you a brief sneak into the Project Management Book of knowledge. -The book does not cover the complete knowledge but definitely covers tools and techniques which are good practices for project management.

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