PMP Preperation

  A PMP Guide to Schedule Compression Technique   Imagine you are working a project, and suddenly customer asks to finish the project three weeks earlier. You have to finish the project without altering the schedule. The only option is Schedule Compression. Let us understand the importance of this method and how to use this in real world scenario and apply this knowledge to answer PMP Exam . Schedule Compression is a technique used to reduce the project schedule without reducing the project scope. There are two types of Schedule Compression ✅ Fast Tracking ✅ Crashing 🔹 Fast Tracking – Doing activities in parallel that were planned in sequence. For e.g., Testing team will wait for the development team to complete development activities as per the regular plan. However, the schedule can be shortened if the testing team can start the testing instead of waiting for the development team to complete all the activities.        🔹 Crashing –...

    Contingency Vs Management Reserve If you find Contingency vs Management Reserve confusing during exams, you’re not alone. Let’s simplify this tricky topic with real-life finance examples so it finally makes sense.    Even in our personal life we have our own ways of handling finances and they are close to project management methods. For instance, apart from our daily expense we still have a buffer amount (cash in hand or bank savings) which is equivalent to contingency reserve . we can still use this for vehicle maintenance, festival expenses and minor emergencies. In spite of having this buffer amount, we still go for insurance for unknown medical expenses which is equivalent to a management reserve. If you need to use buffer amount it will be in your control which is similar to Contingency Reserve . If you need to use the amount for unforeseen expenses from insurance you have to follow a process and is controlled by different team which is equiva...

  After reading a PMP question, always pause to comprehend the ask. 1.      Understand the context  – Is it Agile, Predictive, or Hybrid? 2.      Check the trigger event  – Is it a problem, issue, change, or risk? 3.      Identify the actual ask  – Is the question looking for the next step, best action, or the most appropriate tool/process? 4.      Match with PMP principles/mindset  – Consider Predictive, Agile, Business, or Leadership perspectives. 5.      Eliminate incorrect options  – Remove any answers that are inappropriate or irrelevant based on the question’s context. ✅ By following these steps, you can confidently choose the most appropriate answer among the available options. ⚡ However, the real challenge is speed — your brain has to process and decide almost like AI within the exam’s strict time frame. That’s why experts emp...