What is the formula to calculate the Present Value?
Saturday, October 29, 2011
PV= FV / (1+i)ⁿ
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What are the 3 broad categories of Contract?
Thursday, October 27, 2011
1. Fixed Price
2. Time and Material
3. Cost Reimbursable
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What are the various Communication Methods?
1. Interactive
2. Push
3. Pull
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What does Herzberg's Theory says?
Sunday, October 23, 2011
Hygiene factors (Working conditions, Salary, Personal life) are not sufficient to motivate but Motivating Agents
(Responsibility, Self-actualization)
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What are the 3 needs of people according to David McClelland's Theory of Needs (or Acquired Needs Theory)?
1. Need for Achievement
2. Need for Affiliation
3. Need for Power
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What is Maslow's Hierarchy of needs ?
From the lowest to highest in his pyramid is,Physiological, Safety, social, Esteem, Self-actualization.
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What is McGregor's Theory of X and Y?
Theory X - People are incapable, avoid responsibility, and avoid work whenever possible
Theory Y - People are willing to work without supervision and want to achieve
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What are the different conflict resolution techniques?
Confronting
Compromising
Withdrawal
Smoothing
Collaborating
Forcing
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What are the different stages of Team Formation?
Saturday, October 22, 2011
Forming
Stroming
Norming
Performing
Adjourning
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What is RACI?
It is an advanced form of Responsibility Assingment Matrix
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What is the expansion of RACI?
Responsible Accountable Consult Inform
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What are the various Quality Theories ?
Thursday, October 20, 2011
1. 80/20 Principle, defined quality as "fitness for use",developed by Joseph Juran
2. Plan-Do=Check-Act cycle, W.Edwards Deming
3. "Zero defects", defined as "conformance to requirements", Philip Crosby
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What are the different Methods of accuracy Estimates ?
1. Rough Order of Estimate:
Accuracy range = +-50
Done at Initiating Process
2. Budgeted Estimate:
Accuracy range = -10 to +25
Planning Process
3. Definitive Estimate:
Accuracy range = +- 10
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What is Control Account ?
Friday, October 14, 2011
Cost estimation done at higher level in the WBS is called Control accout.
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What is Parametric Estimating ?
Thursday, October 13, 2011
Parametric estimating is the process of using historical data to compare against your project to determine a correlation and thereby a cost estimate for your current project.
www.codecollege.NET|www.interviewsguru.com|The Encylopedia of Web SitesWhat is NDoc ?
Tuesday, October 11, 2011
The NDoc tool will automatically generate documentation for your code using reflection to examine the assembly and using the XML generated from your C# XML comments. XML comments are only available for C#, but there is a Visual Studio .NET Power Toy called VBCommenter which will do something similar for Visual Basic .NET.
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What is Regulator ?
It is a full-featured tool that makes it easy to build and test regular expressions.
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What is CodeSmith?
CodeSmith is a template-based code-generation tool that uses a syntax similar to ASP.NET to generate any type of code or text. Unlike many other code-generation tools, CodeSmith does not require you to subscribe to a particular application design or architecture.
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What are the Economic Models for Project selection ?
Saturday, October 8, 2011
1. Present Value
2. Net Present Value
3. Internal Rate of Return Dynamic Programming
4. Benefit Cost Ratio
5. Payback period
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What are the Costrained Optimization methods?
1. Linear Programming
2. Integer Programming
3. Dynamic Programming
4. Multi-objective programmig
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What are the benifit measurement models?
1. Murder Board(a panel of people who try to shoot down a new project idea)
2. Peer review
3. scornig models
4. Economic models
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What are the project selection Methods ?
Thursday, October 6, 2011
There are 2 project selection methods:
1. Mathematical models(calculation methods)
2. Benefit Measurement methods(decision models)
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What is the formula for Present Value in project management ?
PV = Future Value / (1 + I)^n where I is the interest rate and n is the number of periods.
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What is the formula for Future Value in project management ?
FV = Current Value x (1 + I)^n where I is the interest rate and n is the number of periods.
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What is the formula for ROI in project Management ?
ROI = (Benefit – Cost)/Cost
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What is the 8/80 rule for WBS ?
Monday, October 3, 2011
No task should be less than 8 hours or more than 80 hours.
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What are the 2 types of Project Selection methods?
1. Mathematical models(calculation methods or Constrained Optimization)
2. Benefit Measurement methods(decision models)
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What are the sub management plans in Project Management ?
Scope management plan
Requirement management plan
Schedule management plan
Cost management plan
Quality management plan
Process improvement plan
Human resource plan
Communication management plan
Risk management plan
Procurement management plan
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How many baselines are there in Project management and what are they ?
There are 3 baselines, they are
Schedule baseline
Cost performance baseline and
Scope baseline
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How many process groups are there PMP , what are they?
Initiation
Planning
Execution
Control
Closure
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How many processes are there in Project Management?
There are a total of 42 processes.
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What are the 9 knowledge areas in Project Management?
The type of organizations in decreasing order of Project Manager's authority are -
Project Integration Management
Project Scope Management
Project Cost Management
Project Time Management
Project Risk Management
Project Quality Management
Project HR Management
Project Communication Management
Project Procurement Management
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What are the Types of organization ?
The type of organizations in decreasing order of Project Manager's authority are -
1. Projectized
2. Strong Matrix
3. Weak Matrix
4. Functional
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