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Know about the Project Management Professional examination
Article by Pmp Exam
Know about the Project Management Professional examination – Education – Study Techniques
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The Project Management institute, a non-profit organization, provides various services such as research, development of standards, publication. It maintains various credentials in project management. One of them is pmp certification which is the institutes first certification. It was launched in 1984 and in 2007 the institute got the ANSI/ISO/IEC 17024 accreditation from the International Organization for Standardization (ISO).
The pmp examination consists of knowledge areas which are according to the PMBOK 4th edition.
The pmp questions consist of the following areas:
InitiatingProject planningExecutionMonitoring & controllingClosingProfessional Responsibility Accurate
Initiating: It contains 22 questions and covers 11% of the exam. It is the process of identification of the objectives of the project. It also involves working with the project stakeholders and determines their requirements and specifications.
Project planning: It includes deciding upon the project requirements and limitations by continuously keeping in touch with the stakeholders. It also involves the process of overviewing of related documents and to standardize the work and help in formulating the plan which needs to be executed.
Project execution: It is the process of allocating project resources according to the work of the project. It is the implementation and execution of different activities involved in the project. It also involves the task of monitoring the progress of the project and overlook whether it is in accordance with the project plan.
Controlling: It is a measurement process which tracks the performance of the project. This is done by making comparisons of the project results to the comparison measurements which are already established. It is the process of identifying areas which need to be rectified and find out the causes of the problem. After identifying the problem, corrective action is taken to reduce any problem in the future.
Closing: It is the process of the final acceptance and approval taken from the stakeholders. It also involves gathering the feedback from people involved in the project and the stakeholders.
Professional Responsibility: According to it, the project related legal requirements and the ethical standards as defined by the PMI in order to give protection to the community and the stakeholders. It also involves respecting the cultural and personal differences of all the member of the team and maintaining a truly professional work environment. People preparing for the pmp examination can do the pmp exam prep with the help of simulator software program. Candidates can prepare for the pmp questions in an organized manner and thus they can be easily successful in getting the pmp certification.
About the Author
www.pmpexamsimulator.com provides software program to prepare for the pmp examination thoroughly. They can get pmp certification by preapring with the help of software program provided by them. http://www.pmpexamsimulator.com/
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Statman, Harris & Eyrich Announces Class Action Lawsuit Against SAIC, Inc. and Encourages Persons with Non-Public Information to Contact the Firm
Cincinnati, OH (PRWEB) April 06, 2012
The law firm of Statman, Harris & Eyrich, LLC announces that a class action lawsuit has been filed against SAIC, Inc. (SAIC or the Company) and certain of its officers and directors on behalf of purchasers of the common stock during the period April 11, 2007 and September 1, 2011, inclusive (the Class Period).
The action, filed by another firm in the United States District Court for the Southern District of New York (Case No. 12-cv-01353), alleges defendants violated federal securities laws by misrepresenting or failing to disclose information relating to overbilling the city of New York hundreds of millions of dollars on a project to update the citys employee payroll system (the CityTime Project). Executives of the Company admitted in a conference call that the Company might be forced to take a deduction from earnings to reflect alleged overbilling on the CityTime Project from the financial results it released for the second quarter of 2012. The stock price dropped on this disclosure, damaging investors.
Investors who purchased SAIC common stock during the Class Period may have a claim against the Company and are encouraged to contact attorney Brian Giles at (513) 345-8181 or by e-mail to classaction(at)statmanharris(dot)com for further information about this matter without any obligation or cost to you. Additionally, persons with non-public knowledge relative to the allegations asserted are encouraged to contact the law firm. The whistleblower provisions in the Dodd-Frank Wall Street Reform Bill protect whistleblowers from employer retaliation and allow the SEC to reward those who provide information leading to a successful enforcement with up to 30 percent of the recovery.
Statman, Harris & Eyrich, LLC, which has significant experience in consumer, investor, and mass tort class actions, has offices in Chicago, Illinois; Cincinnati, Ohio; Dayton, Ohio; and Sarasota, Florida. http://www.statmanharris.com
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The Cost of Project Conflict
Article by Steven Alston
The Cost of Project Conflict – Business – Productivity
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During my past 24 years of telecommunications experiences, I have often wondered what the real agenda was of some corporate executives. A recent conversation with a former colleague revealed a belief that is widely accepted in his work environment but never openly talked about. This belief is that for some corporate executives, profits are not as important as maintaining the status quo. According to him, these leaders believe that the appearance of ‘being strong’ and ‘in control’ is more important than being responsible to the bottom line. If this is true, then it is one explanation for why one would observe day-to-day decision-making that results in poor company performance.
This was in part the response my former colleague shared with me after I presented the opportunity that my project mediation service provides for removing costly conflict from the work environment. He believes the corporate leaders in question thrive on conflict and use it to improve their position of power within the company structure. The perception is that conflict leads to blame, which triggers organizational restructuring, ultimately resulting in promotion opportunities. After receiving this insight, I decided to evaluate the cost of ‘appearing strong and in control’.
This simulation uses the Dana Measure of Financial Cost of Conflict tool, designed by Dr. Daniel Dana, author of Managing Differences and founder of Mediation Training Institute International.
The simulation is a realistic situation for one (1) project overseen by a corporate executive (Project Executive). The leaders involved in this project are a Project Manager, a Sr. Software Developer, an Operations Manager and an IT Manager. In addition there are two (2) Software Engineers working at the direction of the Sr. Software Developer. A Customer Service Representative, Installer, Specialist and Electronics Technician are all working at the direction of the Operations Manager. A Computer Technician is working at the direction of the IT Manager and an Administrative Assistant is working on behalf of the entire project team. There are a total of 13 people, including the Project Executive. The average compensation used in this simulation is from PayScale, Inc. under United States Telecommunications, updated July 18, 2008.
Assume that an unresolved conflict develops between the Sr. Software Developer and the Operations Manager one month after the project start. This conflict is allowed to persist for 2 months (10 weeks). The conflict is resolved when the Sr. Software Developer leaves the project. Upon leaving, the individual is frustrated and communicates that his skills have been requested on another project. The cost of this conflict as is as follows:
#1: Wasted time: $ 3,772#2: Opportunity cost of wasted time: $ 5,658#3: Lowered job motivation and productivity: $ 189#4: Lost performance due to conflict-related absenteeism: 0#5: Loss of investment in skilled employees: $ 193,866#6: Conflict-incited theft, sabotage, vandalism, and damage: $ 5,389#7: Restructuring around the problem: $ 10,778#8: Health costs: $ 450#9: Degraded decision quality: $ 112,090TOTAL COST of this conflict: $ 332,192This simulation assumes:
MPP's Rob Kampia on Fox Freedom Watch
Marijuana Policy Project executive director Rob Kampia speaks with Judge Andrew Napolitano about the current trends in public sentiment regarding marijuana in the United States, and the federal government’s refusal to relax marijuana laws despite growing support and changes in state law. 12/09/2010
Video Rating: 5 / 5
On April 23, 2012 in Philadelphia, principal photography began aboard the SS United States for “Dead Man Down”, a major motion picture from IM Global. The film stars Colin Farrell, Noomi Rapace, Terrence Howard, and Dominic Cooper. The Philadelphia shoot will continue into June. The director of the film is Niels Arden Oplev, who directed the original 2009 Swedish language version of “The Girl with the Dragon Tatoo”, which starred Ms. Rapace as Lisbeth Salander. Niels Sejer is Production Designer for the film. The SS United States Conservancy served as host to the film company and crew on its first day of shooting. A press conference was held to celebrate the event with the ship serving as a fitting backdrop. Participants included Sharon Pinkenson, Executive Director of the Greater Philadelphia Film Office (www.film.org), Philadelphia Mayor Michael Nutter, “Dead Man Down” Co-Executive Producer Joseph Zolfo, SS United States Conservancy Executive Director Susan Gibbs (www.ssusc.org), and SS United States Redevelopment Project Executive Director Dan McSweeney (www.ssusc.org/redevelopment). “SS United States” song written and performed by Philly’s own Skip Denenberg & Andy Kravitz. Produced by Andy Kravitz. COMING IN 2012: “Dead Man Down”, a film by Neils Arden Oplev COMING SOON: “SS United States: Made In America”, a film by Robert Radler. Please support the SS United States Conservancy at www.ssusc.org . a MageeMedia presentation, in association with the SS United States …
Video Rating: 5 / 5
Rob Kampia on Fox's Freedom Watch, 8/21/10
Marijuana Policy Project executive director Rob Kampia appears on Fox Business’s Freedom watch along with John Stossel and SE Cupp to discuss marijuana prohibition in the US
Video Rating: 4 / 5
Governor Christie: ARC Tunnel
Governor Chris Christie holds a press conference regarding the recommendation of the ARC Project Executive Committee to terminate the ARC Project based on a 30-day review which confirmed the project is expected to substantially exceed its current budget at the Statehouse in Trenton, NJ on Thursday, Oct. 7, 2010. Based on calculations by the Federal Transit Administration (FTA) and the New Jersey Transit (NJ Transit), the final budget is expected to top billion and could exceed as much as billion, compared to the project’s current budget of .7 billion.