How to prepare for the PMP Exam? Is it easy or difficult?
In this video, we are joined by Howard Coultrup , who discusses the run up to the PMP exam. Is it easy or difficult? Check out the video for more RELATED LINKS …
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Procurement Documents (RFI, RFP, RFQ, IFB, LOI, PO)
In addition to the Procurement Management Plan, there are some other procurement documents that are outputs of the Plan Procurement Management process. Then there are some documents that are not …
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Contract and its types (FP, CR, T and M)
Contract A contract represent a mutually binding legal agreement that obligates the seller to provide the specified products, services or results and obligates the buyer to provide the monetary or …
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Is Change Control Board (CCB) same as Change Advisory Board (CAB)?
In this video, I am taking up a question from the Change Management space. Several organizations use the words CAB and CCB interchangeably so is there really a difference between …
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Two Important PMP Exam Tips
In this video, I discuss two very important tips from our community members that have recently cleared their PMP exams. Check it out RELATED LINKS PMP Experience #1https://www.pmclounge.com/2019/06/pmp-experience-of-a-pmc-lounge-community-member-tips/ PMP Experience …
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Procurement Manager | Centralized and Decentralized Contracting
If you think that the Project Manager alone is responsible for everything related to Procurement, you are wrong. This is where the Procurement Manager comes into the picture. Procurement Manager …
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Procurement Management Plan (and other outputs of Plan Procurement Management Process)
Just like other similar processes, the outcome of the Plan Procurement Management process is a plan. Here it is known as the Procurement Management Plan. Procurement Management Plan This is …
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What is PgMP Exam based on? | PgMP exam content
In this video, Sascha Wyss (the President of PMI Switzerland) explains what is the content of the PgMP exam RELATED LINKS PgMP CERTIFICATIONhttps://goo.gl/GtTmRd MSP CERTIFICATIONhttp://bit.ly/MSPCertification ALL CERTIFICATIONShttps://www.pmclounge.com/certifications/ VLOGS – LOUNGING …
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Make or Buy Analysis
Make or Buy Analysis is one of the most important tools and techniques of the Plan Procurement Management process. Make or Buy Analysis basically means figuring out whether you should …
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Do you need PMP if you are already a Project Manager? Difference between PMP and PRINCE2
In this video, we are joined by Howard Coultrup , who discusses why should someone get themselves the PMP certification. The discussion also covers the difference between PMP and PRINCE2 …
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