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PMP Questions from Mosaic

"Well begun is half done."
Aristotle

     
Today's Question  & This Weeks Tip:
   
Today's Question:
 
Why is the code of accounts an important input to the cost estimating process?

A. Because it it defines the coding structure used by the performing organisation to report financial information in its accounting systems.
B. Because it forms the basis of the control aspects of the cost management plan.
C. Because it the information has to be included in the supporting detail that is an output to the process.
D. Because it defines the financial reporting structure that has been defined in the work breakdown structure.

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Answer

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Download a free set of 30 PMP (25 CAPM) questions for you to try: Go to the Download Page

Tip of the week**: Facts tell and stories sell

Whenever you make a presentation, you’re essentially selling something - an idea, a viewpoint or a product. In your next presentation, weave a story with a vivid analogy around your data instead of simply stating facts.  Which of the following is more memorable:
-  “Imagine spending three-day weekends with your family every week” or
    “Our software will cut your processing time by 20%.”
-  “California is the most populous U.S. state” or 
    “Visiting Disneyland, I came to realise that there are more Californians than there are Canadians.”
-  “California accounts for 13% of the $13.84 trillion U.S. GDP” or
    “If California were a separate country, its GDP would be comparable to that of Italy.”

For more on developing an ‘effective story’ see:  www.mosaicprojects.com.au/WP1090_Effective_Explanations.pdf  

Source of Tips
Tips based on
Lessons Learned
See more on the book


Mosaic's PMP® & CAPM® Training Options


Mosaic's Classroom Courses include:

  • 5 day intensive training course, Monday to Friday including
    • Coffee on arrival, Morning and afternoon teas + lunch
    • Course notes and exercises
    • Over 300 practice questions with detailed answers
  • A free copy of the PMBOK® Guide 5th Edition
  • Post course: 
    • A 100 question benchmark test
      (with scoring and answers)
    • On-line practice questions:
      - 90 day licence to use Mosaic's PM Final exam simulator
    • Our guarantee to work with you until you pass your exam
  • View our classroom schedule for CAPM and PMP courses

Mentored Email™ Courses include:

  • 16 modules for PMP candidates, 14 modules for CAPM. Each module includes:
    • The delivery of reference materials.
    • 20 to 25 test questions.
    • Scoring and comprehensive feedback on your answers.
  • Post course: 
    • The final module includes a 100 question benchmark test (with scoring and answers)
    • On-line practice questions:
      - PMP 90 day licence to use Mosaic's PM Final exam simulator
    • Our guarantee to work with you until you pass your exam
  • See more on Mosaic's Mentored Email™ courses for CAPM and PMP

PMI Scheduling Professional (PMI-SP):

   
Your Trainers
We run our courses, ourselves
In a typical 5 day PMP or CAPM course, Lynda will teach the 'soft skills' of communication and stakeholder management (days 1 & 4); and Patrick will teach the 'hard skills' of scope, time and cost (days 2, 3 & 5).
 
Dr Lynda Bourne Dr. Lynda Bourne DPM, PMP, FACS, FAIM.
Lynda is an internationally recognised consultant, author and trainer. She has extensive experience as a Senior Project Manager and Project Director specialising in delivery of IT and other business-related projects and has worked as a Senior IT Project Management Consultant.  

Lynda is Director of Professional Services with Mosaic Project Services and the Managing Director and CEO of Stakeholder Management Pty Ltd.
 
[See Lynda's CV
   
Follow Lynda: 
Patrick Weaver Patrick Weaver PMP, PMI-SP, FAICD, FCIOB.
Patrick has over thirty five years experience in the Project Management industry and has been a PMI member for over 25 years.  His career initially focused on the planning and managing of construction and engineering projects. The last twenty years has seen his businesses and experience expand to include the successful implementation of project controls in a range of government, ICT and business environments and the development of a range of sophisticated training options.

Patrick is
the Managing Director of Mosaic Project Services Pty Ltd.
   

Additional Information:

Reference:

**The 'Tip of the Week' is based on:

Lessons Learned
Lessons Learned in Project Management: 140 Tips in 140 Words or Less
Compiled by Editor - Dr. John A. Estrella.

A Twitter-inspired book of 140 tips, each in 140 words or less, from experienced project managers that constitutes a concise body of knowledge useful for all project managers. This book is instantly usable, friendly, and full of great advice. The fact that each tip is short and to the point separates the signal from the noise; and this book is pure signal.

To preview and buy visit: http://www.amazon.com/Lessons-Learned-Project-Management-Words/dp/1456357581
.
- View our current PMP classroom course schedule and prices -

Public Training Course Bookings are made from this schedule

Need More Information?
To discuss your training requirements, please complete an [Information Request Form]
Telephone (03) 9696 8684 or simply email your request to:- training@mosaicprojects.com.au


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