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Friday, November 20, 2009
Simplilearn has more than thousand learners from sixty four countries
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Labels: Online PMP Preparation, Online PMP Training, PMP Training, Simplilearn
Free online PMP Training
Thanks to one and all the participants for making the class a successful one. For all your refernce, we are posting here the transcript of the class. Krishna Kumar was the instructor of the session.
Welcome to your Virtual Class.
santhosh has joined the meeting.
Rob Candee has joined the meeting.
me: Hello All, Good evening!
me: We have few more minutes, before we start this class
Rob Candee: Good morning
santhosh: Good Evening everyone
Beverly Wilson has joined the meeting.
Beverly Wilson: Hello is anyone here?
me: Yes Beverly
me: We will wait for 3 more minutes and start
santhosh: ok
Beverly Wilson: ok
Rob Candee: OK, thanks
Eduardo has joined the meeting.
Eduardo: yes
santhosh: yes
Beverly Wilson: yes
Rob Candee: Yes, although a bit choppy
Eduardo: thank you
Rob Candee: Still choppy, but I can understand!
santhosh: yes
Eduardo: yes
Rob Candee: Yes
Beverly Wilson: yes
santhosh: yes
Attendee6 has joined the meeting.
Attendee7 has joined the meeting.
santhosh: delay in hardware delivery
Rob Candee: New resource of unknown skill turns out to be very capable, speeding progress/completion.
santhosh: it was not good risk
santhosh: Bad risks also known as threats
santhosh: yes
Beverly Wilson: yes
santhosh: yes
Eduardo: yes
Rob Candee: Yes
Rob Candee: (Thanks)
santhosh: Is this Impact is the value of activity?
santhosh: yes
Beverly Wilson: yes
Eduardo: yes
Attendee6: yes
Attendee7 has left the meeting.
Attendee7 has joined the meeting.
Rob Candee: Lost all sound here.
santhosh: yes
Eduardo: yes
Beverly Wilson: yes
Attendee6: Yes i CAN HEAR
me: Rob others can hear
me: Please logout and login again
Rob Candee: I’ll try reconnecting. Sorry!
Rob Candee has left the meeting.
santhosh: yes
Eduardo: yes
Beverly Wilson: computer failure
Attendee6: uN SUITABLE SOFTWARE
santhosh: Missing Requirements
Attendee6: IS a tool
Attendee7 has left the meeting.
Attendee6: Prototype fails testing
santhosh: Can we classify the technical and Project Management categories under Internal?
Attendee6: Scope was not clear so estimating was done right
Rob Candee has joined the meeting.
Attendee6: Excuese me – Not right
santhosh: ok
Attendee6: La ck of experience
santhosh: internal
Beverly Wilson: planning
Attendee6: Project Management
santhosh: yes
Beverly Wilson: yes
Eduardo: yes
Attendee6: yes
Attendee7 has joined the meeting.
Attendee7 has left the meeting.
Eduardo: yes
Beverly Wilson: yes
Attendee6: yes
santhosh: yes
Beverly Wilson: no
Attendee6: no
santhosh: In finance we heard tis term
Rob Candee has left the meeting.
Beverly Wilson: yes
Attendee6: yes
Eduardo: yes
santhosh: yes
Beverly Wilson: yes
Rob Candee has joined the meeting.
Rob Candee has left the meeting.
santhosh: expected overheads
Beverly Wilson: employee welfare
santhosh: yes
santhosh: just to keep a buffer
Attendee6: How do you quantify thet..?
Attendee6: Is there a PMi recommendation..?
santhosh: yes
Beverly Wilson: yes
Attendee6: After the execution of the project
santhosh: based on actual efforts
Eduardo: when the project is finished
Beverly Wilson: actual cost of resources and products
Attendee6: planned Vs actual
santhosh: yes
Attendee6: yes
santhosh: yes
santhosh: yes
Attendee6: yes
Beverly Wilson: yes
Eduardo: yes
santhosh: Is there any standards for rating?
santhosh: HOw we quantify the high prob risks?
santhosh: ok
Attendee6: It seems to be it relates to the planning phase..?
santhosh: Is there any standard methods for qualitative & quantitative risk analysis?
Attendee6: ALso the risk register
santhosh: ok
Beverly Wilson: Where will the templates be located?
Attendee6: WHere do you get the lesson on the SImplilearn web page
santhosh: Yes
Attendee6: Ok I will check
Beverly Wilson: I have gone through chapter 8
Beverly Wilson: ok
Attendee6: Thanks a lot!
santhosh: ok thank you very much
Beverly Wilson: thank you!
Eduardo: thanks a lot!!
me: Thnk you all!
Beverly Wilson has left the meeting.
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Friday, November 13, 2009
Online PMP Prep
Chat Transcript of Simplilearn Virtual class II on MS Project
Please find the chat transcript of the Virtual Class II on Project Scheduling using MS Project on 13th November,2009.
Krishna was the instructor of the session.
Welcome to your Web Meeting.
Santhosh Abraham has joined the meeting.
Rachelle Dillon has joined the meeting.
Aaron has joined the meeting.
me: Hello All, We have 7 minutes to go, before we start this class
Aaron: ok
Beverly Wilson has joined the meeting.
Felicia has joined the meeting.
Felicia: Hello Everyone
Beverly Wilson: Hello Felicia!
Aaron: hi
Beverly Wilson: I think we are the only ones here so far.
folusho obe has joined the meeting.
Aaron: yes
Felicia: yes i can hear
Beverly Wilson: I can here you.
Santhosh Abraham: Hi everyone
folusho obe: i can here folusho here
Felicia: yes clear
Aaron: yes
Beverly Wilson: yed\s
folusho obe: will the slides be available to us later
folusho obe: ok
Santhosh Abraham: Is Resource calendar is mandatory when we have a project calendar?
Santhosh Abraham: ok
folusho obe: is the baseline the initial schedule
folusho obe: can you add to the baseline as you go along
Santhosh Abraham: yes
Felicia: yes thank you for sending
folusho obe: i dont have the first lesson
folusho obe: where can we get it
Beverly Wilson: yes
folusho obe: ok
Felicia: MS project saves up to 10 baselines fo r 1 project, is that what you mean?
Anand Chawla has joined the meeting.
Felicia: ok
Santhosh Abraham: Is there any limit for baselines?
Santhosh Abraham: ok
folusho obe: after the first baseline which is v1 it is version next which will not be a base line anymore
folusho obe: version 2
Attendee8 has joined the meeting.
folusho obe: after the first baseline is it still a baseline
folusho obe: when does it stop being a baseline
Felicia: yes
Anand Chawla: Yes we can view
Attendee8: Yes
me: 1. Show u how to setup Project Calendar
me: 2. Define 10 dummy ctivity
me: 3. make all activity type as fixed wor
me: 4. Organize activities in phases
Attendee10 has joined the meeting.
Aaron has left the meeting.
Attendee10 has left the meeting.
Attendee8 has left the meeting.
Santhosh Abraham: yes it is clear
Felicia: what is the difference betwen nondefauls work days and nonwork days
Beverly Wilson: yes
Felicia: ?
Rob (again) has joined the meeting.
Felicia: ok
Felicia: yes
Anand Chawla has left the meeting.
Anand Chawla has joined the meeting.
me: The next steps tat we are going to learn is
me: 1. enter the effort in hours
me: 2. Define Dependencies between activities
me: 3. Enter Resource name against each activity
Felicia: Resource names will be the personnel (team)
Beverly Wilson: yes
Felicia: yes
me: 1. Check whether Resources are overallocated
me: 2. If not overllocated, do it deliberatey
me: 3 I will show how to do resource leveling
Santhosh Abraham: how to add a constraint?
Eduardo Villarroel has joined the meeting.
Rob (again) has left the meeting.
Rob (yet again) has joined the meeting.
Beverly Wilson: yes
folusho obe: clear
Rob (yet again) has left the meeting.
Santhosh Abraham: yes
folusho obe: yes
Felicia: no why isn’t activity 11 not in baseline?
Anand Chawla: yes
Beverly Wilson: yes
Felicia: oh, i see.
Felicia: yes
Santhosh Abraham: after adding activity 11 can we save the plan as baseline?
Santhosh Abraham: ok
Santhosh Abraham: start is the actual start date
Felicia: it’s the start of activity 1
Felicia: ?
folusho obe: actual start planned start
Felicia: i get it, one is actual the other is estimated
Santhosh Abraham: baseline start is the original planned start date
Felicia: How do I schedule parttime workers who do not work at 100% capacity?
Santhosh Abraham: clear
Beverly Wilson: yes
Anand Chawla: yes clear
folusho obe: clear
Santhosh Abraham: how to link a resource calendar to project
Eduardo Villarroel: clear
Felicia: ok
Santhosh Abraham: ok
Santhosh Abraham: Can we set the Budget to a project
Santhosh Abraham: ok
Santhosh Abraham: good
Beverly Wilson: I am confident
Santhosh Abraham: yes very much
Felicia: i think i can manage well
Eduardo Villarroel: yes
folusho obe: yes
Anand Chawla: yes
Felicia: ok
folusho obe: i will be asking questions during the week
Felicia: The forum is fairly new, I’m sure more and more will participate
folusho obe: is this in a podcast so you can listen in the car
folusho obe: can you download to a cd
folusho obe: we can listen from an iphone?
folusho obe: ok internet from iphone
folusho obe: ok
folusho obe: thank you for the class
Santhosh Abraham: Thank you very much for your efforts
Beverly Wilson: Thank you
Felicia: thank you so much for doing this. I certainly appreciate your time and committment!
Santhosh Abraham: us
folusho obe: I am in newyork
Eduardo Villarroel: thank you !!
Santhosh Abraham: dc
Felicia: new york
Beverly Wilson: va
Anand Chawla: Thanks a lot this has beegret work keep it up
Eduardo Villarroel: Oakville
Anand Chawla: Toronto
Santhosh Abraham: we will
folusho obe: we will
Felicia: have a good night.
folusho obe: have a good weekend
Beverly Wilson has left the meeting.
Felicia has left the meeting.
Anand Chawla: Thank You again Bye
Eduardo Villarroel has left the meeting.
Anand Chawla has left the meeting.
folusho obe has left the meeting.
Santhosh Abraham has left the meeting.
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Labels: Microsoft Project, MS Project, Online PMP Training, PMP, Project Management, Project Management Professional, Simplilearn, Virtual class
Online PMP training
Chat Transcript of Simplilearn Virtual class I on MS Project
Below is the transcript of the virtual class-I on Project Scheduling using MS Project on 12th November, 2009 .
Krishna was the instructor of the session
Jamal has joined the meeting.
Attendee16 has joined the meeting.
Jamal has left the meeting.
Kanchan has joined the meeting.
jamalos has joined the meeting.
arun nampoothiri: Can different calenders be used in one project?
Sampath has joined the meeting.
Attendee18 has joined the meeting.
Kanchan has left the meeting.
Attendee18 has left the meeting.
Srinivasan: Yes. We can use different calendars for different resources
arun nampoothiri: e.g engg., procurement and construction
Srinivasan: working from different locatoins
arun nampoothiri: ok
arun nampoothiri: WBS
Senthil has joined the meeting.
jamalos has left the meeting.
Attendee18 has joined the meeting.
Chakrapani has joined the meeting.
Attendee18 has left the meeting.
Chakrapani: sorry for being late… was stuck in a meeting
Chakrapani: i hope i have not missed a lot
arun nampoothiri: can different type of resources be assigned to one activity – eg. manpower, machineries & materials ?
Chakrapani: great
Attendee10: yes
arun nampoothiri: ok
arun nampoothiri: yes
arun nampoothiri: I understand. I am from engineering & construction background in petrochemicals & refineries
Attendee41 has joined the meeting.
arun nampoothiri: After scheduling, can we extract a report which can show a summary of the project – eg. total no. of activities, critical activities, open ended activities etc.
arun nampoothiri: ok
Attendee16: if an approved baseline has to be changed then? do we re baeline it track with latest one
Attendee16: ok. i understand FIRST baseline and that can keep changing. am i right?
Attendee16: ok
Attendee16: ok
Nitin Hajela has left the meeting.
Attendee10: i agree with you
Attendee16: thank you
Attendee16: click full screen…
Attendee16: sure
Attendee10: u can share your desktop
Sougat Mitra: No
Attendee10: yes
Attendee42 has joined the meeting.
Chakrapani: yes
Sathya: no, server unreachable error be shown
Attendee16: yes
anu has left the meeting.
Abid: i can also see
arun nampoothiri: yes, visible
Sathya: now I can
anu has joined the meeting.
Yoav Reshef has left the meeting.
Attendee42: i can see the screen – but its intermittant, can you please move slow,its taking time to refresh
Jagdish has left the meeting.
Yoav Reshef has joined the meeting.
Senthil has joined the meeting.
Sathya: audio is gone
Chakrapani: sathya relogin
Chakrapani: no
Senthil: Yes
Srinivasan: we are able to hear you.
Chakrapani: i can hear
Senthil has left the meeting.
Attendee10: ur screens are taking time to reload
Attendee10: cant see ur msproject
Jagadish has joined the meeting.
arun nampoothiri has left the meeting.
Sampath: proj name also mentioned as task ?
Attendee10: we can also right click on left pane and select indent
Srinivasan: Krish, you may want to keep the task bar visible
Attendee42 has left the meeting.
Sampath: ok thx
Attendee10: ok
Srinivasan: Yes
Sampath: yes
Attendee10: yups
Jagadish: yeah thanks
Chakrapani: Krishna… under the project menu do need to define the project start date
Chakrapani: ok
Jagadish: can u please repeat details about fixed date
Jagadish: fixed duration
Jagadish: oh ok – i got it, thanks
Attendee10: we can also manage the total efforts for the project.
Arun Nampoothiri has joined the meeting.
Srinivasan: We need the duration column as it would tell us the duration when we use more than one resource for the same activity .
Tarek Moujahid has left the meeting.
Srinivasan: Okay
Srinivasan: Thanks
anu has left the meeting.
Srinivasan: Yes
Jagadish: yeah
Sampath: yes
Abid: yes
Attendee10: yups
Arun Nampoothiri: yes
Chakrapani: yes
Attendee16: can you show the spreadsheet again?
Attendee16: pls explain activity 9s columns
Attendee16: thank u
Attendee16: what is 2ss nd 3ss?
Attendee16: okok
Attendee16: one sec
Sougat Mitra: No sound
Attendee16: how come 9 depends on 8?
Attendee10: got that
Attendee16: ok
Srinivasan: Yes
Chakrapani: what is the time each resource is spending on the activity
Attendee16: go ahead
Jagadish: yeah please proceed
Sampath: yes
Sathya: yes
Attendee10: yes
Sougat Mitra has left the meeting.
Chakrapani: not that… some of the resources are required only say for and hr a day
Chakrapani: in that case thre is always change to the schedule
Chakrapani: ok
Attendee10: ceate an activity and assign 1 hr per day
Attendee10: and we want to track efforts spent in those meetings
Attendee10: k
Ajay Khullar: good job
Ajay Khullar: yups
Attendee16: clear now
Ajay Khullar: clear now
Arun Nampoothiri: any provision for cost
Ajay Khullar: can you please explain it again?
Srinivasan: In the resource sheet, you can provide the cost.
Srinivasan: There is a standard rate and overtime rate.
Chakrapani: now on the screen you have baseline start and start
Chakrapani: what does this start indicate
Chakrapani: ok
Chakrapani: is this start the actual start
Srinivasan: You were planning to explain the Lag time
Chakrapani: so basically there are 3 start dates
Srinivasan: Yes.
Chakrapani: baseline, start and actual
Ajay Khullar: yes
Jagadish: hey krish, this is really a wonderful session.Please excuse me I go to leave for a meeting
Chakrapani: now my dates are not matching with yours
Chakrapani: i am on ms proj
Jagadish: thanks krish
Arun Nampoothiri: is there any limit for no. of activities?
Chakrapani: sure
Sampath: thx krish . u guys doing a good job
Srinivasan: Thanks Krish.
Arun Nampoothiri: ok
Chakrapani: sure thanks
Senthil: Thanks a lot
Attendee16: thank you very much
Arun Nampoothiri: thanks
Senthil has left the meeting.
Chakrapani: krish this was a wonderful session
Sathya: thanks a lot Krish, awesome session
Jagadish has left the meeting.
Srinivasan: Thanks Krish.
Attendee16: i sec
Srinivasan: Nice session..
Chakrapani: thanks a lot
Arun Nampoothiri: really useful
Abid: thank you for this session
Yoav Reshef: Thank you
Yoav Reshef: Thank you
Chakrapani: will message you on the discussion forum for any doubts
Attendee16: thank you
Arun Nampoothiri: nice one
Chakrapani: thanks once again
Chakrapani: have a nice day ahead
Attendee16: see u all in next session
Attendee16: thanks again, bye
Chakrapani: sure
Abid has left the meeting.
Sathya has left the meeting.
Chakrapani has left the meeting.
Attendee16 has left the meeting.
Arun Nampoothiri has left the meeting.
Attendee11 has left the meeting.
Srinivasan has left the meeting.
Posted by
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Labels: Microsoft Project, MS Project, Online PMP Preparation, Online PMP Training, PMP, Project Management, Project Management Professional, Project Management Training, Simplilearn
Online Project Management Training
Within a short span of its launching, Simplilearn’s online training course on PMP certification exam has been acknowledged positively and our learners are liking the course. We present here, starting today, a series of post highlighting what our learners have to say about our free PMP certification course.
I did not notice interface during my training. I think this is a sign that interface user friendly and intuitional. It design does not dominate over material you offer.”
“So far everything is great. I have only looked at the first four chapters of the PMI course and need to do the rest. I am using this to study for the PMI certification. I have already taken a live class so this I am using this system to reinforce what I have learned.”
Beverly Wilson,Federal Account Manager, Oracle, USA
“Enjoying the course thoroughly! Will recommend to anyone interested. Thank you! I believe the deployment and methodology is fine. Keep in mind I haven’t taken the test, so I can’t say how closely the materials deal with the actual test which would be extremely important.
Quality is great. User interfaces are more than adequate for my use.”
Michael Bartels,President at Basys Consulting Inc., USA
Yoav Reshef, Independent Consultant, Israel
Posted by
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Labels: Online PMP Preparation, Online PMP Training, PMP, PMP Preparation, Project Management, Project Management Professional, Simplilearn
Sunday, November 8, 2009
Online PMP Preparation
Here is the chat transcript of the second session on PMP Certification.
Krishna was the instructor for the session.
Beverly Wilson has joined the meeting.
me: Hi, This is your Instructor Krishna
Beverly Wilson: Hi
me: Hi Veberly the class would start from 30 minutes from now
me: sorry, Beverly
Beverly Wilson: I know. I signed in early to make sure I could get in.
Beverly Wilson: Do you want me to log out and come back or can I hang out until class starts?
me: Hi Beverly, You can be loggedin
me: Now, its another 15 Minutes, let the other participants also join
Beverly Wilson: ok
GLENDA has joined the meeting.
GLENDA: WHEN DOES THIS START?
Beverly Wilson: 9:00 EST
GLENDA: should i stay or come back then?
me: u can stay back
GLENDA: hm
GLENDA: so, how was dinner?
me: I am loggedin from India and its 7.30 AM Saturday!
Beverly Wilson: dinner was good. Where are you located Glenda? I am in Falls Church, VA
Michael Bartels has joined the meeting.
Beverly Wilson: It is 9:00 PM and it is Friday.
GLENDA: I am in Cary, NC and same time. I love NOVA.
Felicia has joined the meeting.
Felicia: hello everyone
Beverly Wilson: Hello
GLENDA: hi Felicia
GLENDA: will this be recorded to access later?
Felicia: Good question, Krishna could you answer that please
Felicia: … or someone who is hosting this session
Felicia: yes
GLENDA: yes
karen bauer has joined the meeting.
Felicia: yes
Felicia: I went through 4 chapters
karen bauer: is anyone talking
Felicia: and anticipate to take the exam Janauary
Beverly Wilson: I have gone through 7 chapters
GLENDA: I took the boot camp on 19 Oct for upcoming Exam in two weeks
Steve Gileno has joined the meeting.
GLENDA: Karen can you hear the audio?
GLENDA: I’m using Foxfire and it is working perfectly
me: if any one has Problem listening the audio, logout and login again
me: Use IE
me: I think Google Chrome has some issues
Steve Gileno: Sorry I am a little late. This is Steve Gileno. I am hearing the audio fine and seeing the PowerPoint fine as well.
Beverly Wilson: I told her what to do.
GLENDA: ok
karen bauer has left the meeting.
Beverly Wilson: Karen is going to log in again.
Beverly Wilson: How long will this class be and are we meeting on Fridays from now on?
karen bauer has joined the meeting.
GLENDA: 70?
GLENDA: 70 minutes?
GLENDA: ok
Felicia: Question: how different is the PMBOK version 4 from version 3
GLENDA has left the meeting.
Glenda Jaswal has joined the meeting.
Felicia: ok, thanks
Glenda Jaswal: will you be covering any formulas?
Glenda Jaswal: im ready
Felicia: me too
Beverly Wilson: Go ahead I will call Karen.
Attendee8 has joined the meeting.
me: karen, can u hear me?
me: ok
karen bauer: yes
Attendee8: sequence
Steve Gileno: Activities are sequenced
Beverly Wilson: the dates that they will occur
Attendee8: coordination
Steve Gileno: yes
Beverly Wilson: yes
Felicia: y
Michael Bartels: yes
Attendee8: yes
karen bauer: yes
Attendee9 has joined the meeting.
Attendee10 has joined the meeting.
Beverly Wilson: wash the walls before you can paint
karen bauer: rake ground before planting
Felicia: both activites can start at the same time
Attendee10: Parallel tasks.
Attendee10: time savings?
Attendee8: they are time dependent
Attendee10: If you schedule resources, will this be taken into account or will it create a conflict?
Attendee10: thanks.
Steve Gileno: The PMBOK processes,”Develop Project Management Plan” and “Collect Requirements” have a start to start relationship.
Mohan has joined the meeting.
Felicia: sorry cant think of any
Steve Gileno: Clear
Felicia: yes
Attendee10: eg, contracts and info transfer
Attendee8: to minimize the time
Attendee8: no
Felicia: yes, one more example please
Steve Gileno: No
Attendee10: okay.
Beverly Wilson: no
Glenda Jaswal: no because i wanted to use that example you just confirmed my thoughts
Glenda Jaswal: your example is a thought I had..
Glenda Jaswal: yes it is
Felicia: so basically it’s 2 activities finishing at the same time?
Glenda Jaswal: completion of requirements and then sign off. Exactly!
Felicia: ok
Glenda Jaswal: still designated as finish to finish, correct?
Attendee10: to clarify theother comments, there is a dependency upon the order of the finshing.
karen bauer: thanksgiving dinner all done at same time
Felicia: clear, go ahead
Attendee8: yes
Attendee8: making some one busy
Attendee8: to justify to cost
Attendee8: you may call it is not a dependency
Attendee10: What about airport ops- flight safety check and flight deck pulling away?
Attendee10: Safety check starts and doesn’t finish until after plane has lifted off … okay … ops v. project – agree.
Felicia: yes
Attendee8: When is in the next class
Felicia: yes
Felicia: i can see
Michael Bartels: yes
Beverly Wilson: yes
Steve Gileno: I can hear
Michael Bartels: yes
Beverly Wilson: yes
Steve Gileno: ok
Attendee9: clear – thx
karen bauer has left the meeting.
Attendee10: Clear.
Attendee8: Can you please summarize the 5 steps….
Felicia: 1.Breakdown the project into activities 2. Identify the effort/how many hours required 3. Identify resources, the people, 4. Sequence the activity, what are the different dependencies 5. Identify the start date
Attendee8: breakdown the activities, identify the activites, time required for each activity, resources/efforts required, sequencing the activites, input the start date…
Beverly Wilson: Can you have back up resources if someone gets sick and use those back up resources when necessary?
Felicia: Is there ano ther program to create the project schedule other than MS Project? Can this be done in excel and create a gantt chart with the info provided?
Attendee10: agreeed re excel …
Attendee10: mS Project is uniformly avaiolable.
Beverly Wilson: A good book is Microsoft Project Step by Step. It is really good to learn how to use it.
Felicia: yeah, but my company does not want to invest in it
Attendee8: I didn’t received the link, as promised. Please make sure I get the email with the link for the next class. sghasnain@yahoo.com
Felicia: ok, thanks – that’s great cause i
Felicia: work for a non profit
Attendee8: Thanks for the great class
Attendee10: Yes, good class – thank you.
Michael Bartels: thank you very much
Felicia: Yes, thanks for doing this. I appreciate it and highly recommend!!!!!
Attendee10: excellent!
Beverly Wilson: Great, thank you!
Attendee9: thanks for the class, and for offering to share the templates.
Attendee8: Can we have your name…?
Steve Gileno: Thanks
Attendee9 has left the meeting.
Beverly Wilson: Thank you!
Attendee10: You as well, Krishna.
Felicia: Goodnight, keep me posted on the next class!!!!!!!!!!!
Attendee8: Krishna – great job
Michael Bartels has left the meeting.
Beverly Wilson has left the meeting.
Felicia has left the meeting.
Steve Gileno has left the meeting.
me: Bye All and see you in the next class
Attendee10 has left the meeting.
Attendee8: Please don’t forget to email me for the next class….Thanks
Attendee8 has left the meeting.
Mohan has left the meeting
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Saturday, November 7, 2009
Chat Transcript of the Simplilearn Virtual class I on PMP Exam
Krishna was the instructor for the session.
Ajay: Hi Everyone, this is Ajay from Delhi. Looking forward to this session.
Krishna: Hi Ajay
Krishna: Hello Chakrapani, can you hear me
Ajay: Krishna, I can hear you
Chakrapani: Krishan, I am unable to establish the voice contact. I think I will only have to read the screen and sadly will not be able to hear you…. which would have been more powerful
Srinivasan has joined the meeting.
Yoav Reshef: I can hear you. I have no mouth peace.
Rajendra Gupta: I heard earlier but can not hear now. Please say hello testing or something.
Ajay: can we begin, its already 4:00 PM.
Srinivasan: I cannot hear you.
Ajay: or we will start at 4:00 pm IST (India stretchable time).
Srinivasan: Now I am able to hear you.
Ajay: Perfect.
Srinivasan: Thanks.
Chakrapani: Ajay most of us are facing problem hearing Krishna.. You would have to bear for couple of minutes.
Ajay: Friends, not a problem.
Krishna: try IE.
Krishna: i think there is problem with google chrome
Chakrapani: krishan.. the connection is established… I can see you too.. can you say something please?
Chakrapani: yep very clear
Chakrapani: thanks
Chakrapani: sure
Chakrapani: thanks for organising this session.
Rajendra Gupta has joined the meeting.
Rajendra Gupta has left the meeting.
Ajay: GOT THAT.
Rajendra Gupta: me too
Chakrapani: fine.
Yoav Reshef has left the meeting.
Chakrapani: Krishna, here resources includes man,material, money etc..right?
Chakrapani: sure.
Raju: yes.
Srinivasan: Yes.
Rajendra Gupta: yes it is clear.
Ajay: you are right, most of us dont think about them.
Rajendra Gupta: yes.
Rajendra Gupta: it is clear.
Raju: yes.
Ajay: yups.
Rajendra Gupta: yes
Ajay: thinking.
Rajendra Gupta: building construction can start only after design has happened.
Ajay: like we can designing and documentation in parallel.
Srinivasan: While the construction is on, we can start creating doors, windows etc.
Srinivasan: This is to shrink the duration of project.
Rajendra Gupta: there is no start to start in these.
Ajay: srinivasn has given the answer.
Rajendra Gupta: I mean it is not needed.
Ajay: project has some specific result and time frame.
Srinivasan: Time and resource optimization can be achieved.
Srinivasan: Its clear.
Ajay: its clear.
Rajendra Gupta: voice is clear.
Raju: its clear.
Rajendra Gupta: Documentation and coding can have finish to finish.
Ajay: until mockup is frozen, we cannot go for htmlisation.
Ajay: yes.
Ajay: finish to start.
Rajendra Gupta: test case specs prep and program specs can also have FF.
Ajay: Got that.
Chakrapani: like you rightly said only fs or ss is most commonly used even in ms project.
Chakrapani: ok.
Ajay: yes.
Mukund Pande: yes.
Chakrapani: yes.
Chakrapani: yes.
Rajendra Gupta: yes we can see and hear properly.
Chakrapani: why not fixed duration.
Mukund Pande: excuse me, how to maximize and see the chat screen also.
Mukund Pande: ok.
Chakrapani: right.
Ajay: work means efforts for the task.
Ajay: activities.
Ajay: Got that.
Chakrapani: generally in construction projects we prefer fixed duration.
Chakrapani: can you repeat.
Chakrapani: your voice broke.
Chakrapani: generally because the duration of a particular activity is know.
Srinivasan: His quesiton is “Why would be prefer fixed duration”?
Chakrapani: no.
Chakrapani: i do not have a mike here.
Rajendra Gupta: maybe you can write.
Chakrapani: say for concreting.
Chakrapani: we know that particular cum will take fixed duration.
Chakrapani: so you can have a combi of fixed duration and fixed effort.
Srinivasan: But for all the activities we must know the duration even before we go in for preparing the schedule.
Rajendra Gupta: You mean the fixed just cannot change.
Srinivasan: But unless we know the duration we cannot define the project end date !!
Chakrapani: even if you select fixed work… you still need to define the duration.
Chakrapani: Krishna correct me in case of fixed work MSP takes the resources into consideration.
Srinivasan: Effort / Resources will give you the duration.
Chakrapani: right.
Chakrapani: yes.
Chakrapani: yes.
Chakrapani: krishan what is work hours that you have defined in the calender.
Srinivasan: Could you please change one of the type to Fixed duration and show the difference between Fixed Unit and Fixed Work.
Srinivasan: Could you please show the difference between Fixed Work and Fixed Duration in our example.
Srinivasan: Thanks.
Chakrapani: ok.
Chakrapani: i asked because it matters during the calculation of duration.
Chakrapani: yes.
Srinivasan: Even the holidays do impact the schedule.
Chakrapani: right.
Raju: can we add the public holidays?.
Srinivasan: That would be excellent. Thanks.
Chakrapani: raju.. you will have to add all the holidays before you start the scheduling.
Raju: ok.
Raju: it will be more clear.
Chakrapani: yes.. that will be really helpful.
Chakrapani: ok.
Ajay: that really makes sense.
Rajendra Gupta: How many sessions are planned for the training and what is the schedule.
Chakrapani: yes… i think we must continue with time management.
Rajendra Gupta: It is very good. Thanks.
Rajendra Gupta: publishing will be great.
Rajendra Gupta: the schedule.
Ajay: perfect
Rajendra Gupta: how many students have logged in right now
Chakrapani: that sounds good.
Ajay: that sounds like a plan.
Rajendra Gupta: that is nice.
Rajendra Gupta: 15 is good.
Chakrapani: thats great.
Rajendra Gupta: I have a question.
Rajendra Gupta: After registering for the test, within how much time do we have to attend the online test. Is there min or max.
Rajendra Gupta: yes on pmi.
Ajay: 6 months.
Chakrapani: generally you get 1 year time.
Rajendra Gupta: is there any min time.
Rajendra Gupta: i mean is there gap after registering.
Rajendra Gupta: ok.
Rajendra Gupta: So no log.
Chakrapani: once your get confirmation on your registration with.
Rajendra Gupta: lag
Ajay: your application should be approved.
Chakrapani: pmi for the exam they give you 1 year to take the exam.
Rajendra Gupta: Do they take recommendations?.
Chakrapani: i.e. 1 year from the date you get confirmation to pay the fees.
Rajendra Gupta: ok.
Chakrapani: i am taking the exam on 23rd dec 09.
Chakrapani: 10% of the application gets audited.
Srinivasan: All the best Chakrapani.
Rajendra Gupta: where on 23rd.
Chakrapani: yes.
Chakrapani: actually running short of time.
Chakrapani: thanks a lot.
Chakrapani: bangalore.
Rajendra Gupta: looking forward to see the schedule and attend the next online session.
Raju: how many sessions you are scheduling for this?
Chakrapani: ok
Rajendra Gupta: Congrats and thanks.
Srinivasan: Yes. I think I read somewhere that you will be able to clear the exam if you spend 2 hours every day, you will be able to complete the PMP.
Chakrapani: is there any?
Chakrapani: krishna i could not get you?
Yoav Reshef has joined the meeting.
Chakrapani: yes.
Srinivasan: Study groups is the best way.
Rajendra Gupta: yes.
Srinivasan: Even recommended by Rita.
Chakrapani: i have a study group in person.
Raju: ok.
Ajay: when are you holding next class.
Srinivasan: Krishna, I think you are doing a great job. Thanks a lot on behalf of all.
Chakrapani: will try and do that.
Chakrapani: but what i find is that you should meet only once or twice a month for the study group.
Rajendra Gupta: My suggestion is to move the class to 6 PM IST from 4 PM.
Raju: yes this is good idea.
Mukund Pande: how to reach the portal.
Raju: thank you.
Mukund Pande: ok.
Krishna: www.simplilearn.com.
Chakrapani: for the rest of the time individual effort is the best.
Srinivasan: Please have it as 4PM.
Chakrapani: thanks krishna.
Mukund Pande: thks a lot..
Srinivasan: Most of us are having calls at 6 PM.
Rajendra Gupta: by that time we would have finished the PMP exam
atul gupte has joined the meeting.
Ajay: we will be covering same topic during that time.
Rajendra Gupta: sure.
Ajay: ?
Chakrapani: krishan you are based out of US?
Rajendra Gupta: Once again, it works. Congrats and thanks.
Ajay: thanks a lot its a great start.
Srinivasan: Thanks a lot.
Raju: thanks a lot.
Mukund Pande: thks.
Srinivasan: Have a great weekend
Chakrapani: thanks.
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Chat Transcript of Simplilearn Virtual class I on Project Risk Management
Mr. Krishna,PMP was the instructor of the session.
Welcome to your Web Meeting.
Manish Manekar has joined the meeting.
Srini: Hi Good Evening
Manish Manekar: Greetings!
Sougat Mitra: Good Evening Everybody.
Rakesh Kumar has joined the meeting.
Mamun Shaheed has joined the meeting.
Srini: Hi Krishna, are we waiting for more participants to join?
Srini: Thanks.
Ajay Khullar: yes
Sougat Mitra: yes
Rakesh Kumar: yes
Rakesh Kumar: which positively or, negatively influence the delivery
Rakesh Kumar: yes
Srini: Technology could turn out to be positive when we work on a new technology. In reality it could be easily adoptable by our developers and team members.
Rakesh Kumar: like the emil functionality proposed were too complex and the other solution might be good to implement
Rakesh Kumar: right
Sougat Mitra: no sound
Srini: you are audible to us.
Manish Manekar: I can hear.
Mayank: its fine
Sougat Mitra: r u still in the Slide#1
Angelo Muscaridola: I can hear too
Srini: He is in slide no 3 displayed at the bottom .
Manish Manekar: it shows slide 3 of 20
Rakesh Kumar: Is it not the same as Risk Tolerance?
Sougat has joined the meeting.
Srini: Threshold has a limit.
Yoav Reshef has joined the meeting.
Rakesh Kumar: got it
Srini: Yes
Srini: Thanks Krishna.
Rakesh Kumar: is there a way to calculate the exact probability? or, it is your expectations.
Srini: Your experience..
Rakesh Kumar: right
Ajay Khullar: yes, thats only way
Srini: Lessons learnt and historical data
Ajay Khullar: I agree with Srini.
Rakesh Kumar: right
Yoav Reshef: clear
Ajay Khullar: yes
Rakesh Kumar: yep
Angelo Muscaridola: yes
Srini: Any tax applied on the imports would increase the cost of a machinery that is to be imported.
Angelo Muscaridola: possibly weather conditions?
Srini: Nope.. Guess..
Sougat: Any Environmental Constraint.
Srini: Absolutely..
Rakesh Kumar: right, scope creep
Rakesh Kumar: one more internal risk……..other project running in the organization.
Rakesh Kumar: that might impact your project in either way
Rakesh Kumar: dependecy on resources
Rakesh Kumar: right
Ajay Khullar: if resources are working on cross projects
Manish Manekar: reorganization
Ajay Khullar: right
Ajay Khullar: exactly
Rakesh Kumar: I didn’t get your question…
Rakesh Kumar: right
Srini: Backuplocation..
Rakesh Kumar: will Accept the risk
Rakesh Kumar: Risk Acceptance
Srini: From where we should continue our operation.
Ajay Khullar: one way is to have backup location
Manish Manekar: Disaster Recovery Plan
Sougat: Establishing Disaster Recovery centre
Srini: Business Continutity Plan
Rakesh Kumar: but, we should be preventive….as someone has written backup.
Rakesh Kumar: right
Yoav Reshef: Even small company should put a contingency plan in place ? even for external risk ?
Rakesh Kumar: hmmmmm right
Srini: Krishna is right. Its not possible for all the companies.
Srini: True.
Srini: Gap in the requirements understanding.
Ajay Khullar: Krishna, are you going to send us the slides?
Yoav Reshef: So, you actualy saying that the “plan” is, if the risk happens , we stop the project ?
Ajay Khullar: k
Yoav Reshef: OK.
Srini: We cannot do away with these kind of risks, we can only minimize the impact.
Rakesh Kumar: Yoav, there are risks where you have no option rather than accepting it, example can earth quake or anything.
Rakesh Kumar: It is a concept in risk Management, where you accept the risk
Manish Manekar: Yes, clear.
Yoav Reshef: clear
Bipul Sahay has joined the meeting.
Srini: Hope you dont own a new car showroom
Mathews has joined the meeting.
Srini: Can we call it as a Logical grouping
Rakesh Kumar: yes
Srini: Yes
Ajay Khullar: yes
Angelo Muscaridola: yes
Yoav Reshef: clear
Bipul Sahay: krishna once more on control acct
Srini: For example, your project might need multiple software to procure. Instead of mentioning at each software, you can group it as a software expense. This is more for the management to monitor.
Ajay Khullar: yes
Bipul Sahay: thsnks
Yoav Reshef: Can one say that padding is contingency reserve when you cannot esstimate impact and probanility ? Where is the risk cost when you can calculate risk * prob.
Rakesh Kumar: Yoav, you put padding once you identified and quantified the risks
Srini: Based on their experience management would add some reserve.
Yoav Reshef: We found 2 risks, and clculated the value of the risk. Do we add that to project cost ? Where in the tree ? Is that the contingency reserve ?
Rakesh Kumar: yes
Ajay Khullar: yes, we will add this cost in contingency reserve
Yoav Reshef: OK
Rakesh Kumar: Krishna, it is right that management reserve is based on management experiences…
Rakesh Kumar: but it would not add etra cost if the PM has done good analysis on risks
Srini: But in practical, we come to know most of the risks only when we receive the clear requirements where as we present the cost of the project at the time of proposal.
Rakesh Kumar: hmmm
Srini: Yes, Infact based on the project manager also the management would decide to add the reserve based on their experience with the PM.
Sougat: How Control Accotnt cost is 900$
Srini: 3 * 300
Sougat: ok
Srini: Planned cost = Project + Contingency Reserve
Srini: Identify the Probability
Srini: Identify the impact
Attendee12 has joined the meeting.
Rakesh Kumar: I think, we can also add “Risk Register” after point 2
Srini: Yes. Output of point 2 is Risk Register..
Rakesh Kumar: right
Rakesh Kumar: are we going to discuss it tomorrow?
Rakesh Kumar: ok
Rakesh Kumar: good
Sougat: Which one is the favourable scenario out of the 2 cases
Sougat: right
Bipul Sahay: AC=EV-PV
Srini: You mean cost to the customer?
Bipul Sahay: ok
Srini: Budgeted Cost + Profit Margin
Sougat: Work*Resource Cost
Yoav Reshef: You add all the money that was sepnd. On planned activity ar on solving problems arise from risks.
Ajay Khullar: so far
Srini: Thanks Krishna.
Yoav Reshef: Thank you.
Srini: Have a good evening everyone.
Attendee12: Hi all
Sougat: Thanks Krishna and Others.
Bipul Sahay: thanks
Sougat: K
Rakesh Kumar: thanks
Ajay Khullar: Thanks
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