Difference between Contract Closure & Administrative Closure for PMP Exam

Updated for the Changes to the PMP Exam from 31-August-2011. There are now 8% questions from Closing Process Group. While conducting PMP Exam Preparation workshops, I have noticed that many participants are confused about the Contract Closure (Close Procurements) and Administrative Closure (Close Project or Phase) processes. Which comes first? What are the differences in … Read more

Difference between Standards & Regulations for PMP Exam

ISO Standards Clarity on the definition of a “standard” and a “regulation” can help you get questions right on the PMP exam conducted by PMI. According to the PMBOK Guide 6th edition, the definition of a Standard and a Regulation is given below: A Standard is a “document established by consensus and approved by a … Read more

Components of Scope Baseline for PMP

One common question on PMP Exams is about the Scope Baseline, as defined in the PMBOK Guide, Sixth Edition. For example, a question on Scope Baseline could be as follows: Q: The scope baseline consists of all of the documents except: A. Work Breakdown Structure B. WBS Dictionary C. Scope Management Plan D. Scope Statement … Read more