Hi. The corresponding content (not slides but still the same content reviewed in class) can be accessed via SimpliLearn > My Courses > if you have the PMP as the focus course then you should see the lessons there. Also, in the https://pmi.lochoice.com > select the PMI Authorized PMP Exam Prep > Student Manual > select the PMI Authorized PMP Exam Prep Student PDF.I am not able to see the slides in the Course file. Can someone help, please.
You can always download the sessions recordings from your LMS portal itself, Kindly follow the below steps to download recordingsHi Rahul,
Where can we find previous session recordings?
Dear Shekhar,Hi Rahul and Vishal,
just wanted to know, what will happen once the PMBOK7 will get release ? i heard it is going to release in August. do we need to go for training again or this training will suffices?
Hi,Received mail from Simplilearn help that ppt's are only for the instructor and not for the students. But we have some material for us to study that relates to the ppt which was discussed last week.
1) Active Stakeholders: Active stakeholders are those who seek to participate in the organisation’s activities. These stakeholders may or may not be a part of the organisation’s formal structure.eProject stakeholders may be internal or external to the project, they may be actively involved, passively involved, or unaware of the project. Project stakeholders may have a positive or negative impact on the project, or be positively or negatively impacted by the project.
Can anyone please give some examples on the points highlighted in the above statement.
1. Actively Involved Stake Holder
2. Passively involved stakeholder
3. Stakeholder Unaware of the project
4. Project Stakeholders having a negative impact on the project.
Thank youRESERVE ANALYSIS
Reserve Analysis is an analytical technique that we used to specify the budget of a project.
This reserve has been allocated to confront both kind of risks, one the known and second the unknown risks.
The two reserves will help in tackling threats to the project, these reserves are called A) Contingency Reserves and
B) Management Reserves.
The cost to tackle risks that were identified during the planning of the project comes from contingency reserves. The contingency reserves are added to the cost baseline to measure the performance of the project.
Some risks may remain unidentified during the planning of the project, acting as a barrier in achieving the objective.
These unknown risks are workarounds, and the money to tackle the threats comes from management reserves.
A project would not be exciting without risks and risks always involve money. Reserve Analysis acts as a
useful tool for cost management.
So net-net Reserve Analysis is technique or tool which provision budget for covering both the known and unknown risks.