Recently some questions were raised in PMHUB LL Forums about Bipert Float. It seems that PMP Aspirants encountered this term in PMP Exam.
So far - there is one paper titled: "Workload Modeling for Parallel Processing Systems" (written in 1995 by Gabriele Kotsis for her Ph Thesis - University of Vienna) that has references to Bipert. This is the only document available in the internet at this moment (June 30), that refer to this term. The reference to BIPERT can be found only in the BIBLIOGRAPHY of this 201 pages PH D Thesis. See below by clicking MORE ...
My questions:
Why is this particular term part of PMP Exam?
Is this part of the 25 test questions?
Is this topic so important that all PMP should know the concept and applications?
Will this topic be in PMBOK 4th edition?
If you know the answers to the above or have any comments on this topic, please fill in the PMHUB web feedback
Recent experience and experience from a new PMP on this topic is posted in PMHUB LL Forums: for example this LL (check the bottom - in italic - of the LL from Romania: click this LL
In conclusion, lacking any solid simple explanation and applcations, the question can only be answered by best effort.. It is no use to panic about this one "obscure" subject. Good luck!
We received a feedback from Crispin ("Kik") Piney (WEB FEEDBACK)
"In answer to the question "is this in the PMBOK 4th Edition?", the answer is NO.
PERT is only referred to with respect to 3-point estimates and not for schedule network analysis or for risk management. BiPERT as I understand it is not even a project network analysis technique and is out-of-date anyway given more modern simulation tools and techniques."
So the real question is: Why PMI believe that Bipert Float is that important
to include in the PMP Exam?
[ more.. ]
The mysterious Bipert Float
August 26, 2008, 7:14 amPMP Exam: what is BAC and EPV ?
August 23, 2008, 12:48 pm
Popular discussions in PMHUB Forums that is critical for you to follow: Recently the PMP Exam have questions about BAC and EPV. What is BAC? What is EPV?
spathak:
"I googled this Budgeted Actual Cost and Expected Present Value, but could not find it. "
Answer from Alafoo:
"All what you need to know about Expected Present Value (or Expected Net Present Value) is the inclusion of risk factor in the calculation of NPV. However, it is defined in more details in the following link: EPV
Budgected Actual Cost is nothing but the planned total cost. Download the following document and search for the term.BAC
Have you registered in PMHUB Forums?
It is free and simple, click this FORUMS
spathak:
"I googled this Budgeted Actual Cost and Expected Present Value, but could not find it. "
Answer from Alafoo:
"All what you need to know about Expected Present Value (or Expected Net Present Value) is the inclusion of risk factor in the calculation of NPV. However, it is defined in more details in the following link: EPV
Budgected Actual Cost is nothing but the planned total cost. Download the following document and search for the term.BAC
Have you registered in PMHUB Forums?
It is free and simple, click this FORUMS
Rumor of PMP Exam Change - Just rumor?
August 22, 2008, 11:00 am
This started as a question in PMHUB Google groups:
"hi, I have heard that in October PMI is going to change the PMP exam.
I will be among the first taking the new exam. Does anyone know the
source of this rumor? Has PMI announced anything on their webpage?
Is there anything official? Thanks."
and there was a post in PMHUB Forums: Newcomers Forum:
with subject: "PMP now or wait for 4th edition of PMBOK is published?"
"I am new (beginner) to PMP and was looking to start my preparation for PMP with PMBOK 3rd Edition.
However, I've found on this forum that the 4th Edition is due by the end of August 08. Hence, would require the forum member’s suggestions on the following:
1. If I do study with:
- PMBOK 3rd edition
- PMP Study Guide - Kim Heldman 4th Edition
- Rita Mulcahy PMP Exam Prep 2005 Fifth edition
Can I still cope up with the 4th edition of PMBOK, as I might look to take the test in Nov/Dec 08.
2. Will the below two study guides be still relevant with PMBOK 4th edition, or most of the study would get scrapped with 4th edition of PMBOK?
Please advice.
Thanks in advance Smile
From: "Dr. Paul D. Giammalvo" <pauldg...@gmail.com>
Date: Thu, 21 Aug 2008 01:55:38 +0700
Local: Wed, Aug 20 2008 11:55 am
Subject: RE: PMHUB-G PMP exam changing in Oct?
Reply | Reply to author | Forward | Print | Individual message | Show original | Remove | Report this message | Find messages by this author
X,
The last time PMI did this swap over from the old to the new, they had a
period of time, (I seem to recall it was 6 months) where you could take
EITHER exam, depending on which one you had prepared for.
I have seen nothing written yet from PMI, but I would expect the same or at
least a similar approach.
But the best bet is not to ask us, but ask PMI. Unfortunately, contrary to
what we preach, PMI, the organization, is not very good at communicating
changes they make.....
But that is another story......
BR,
Dr. PDG, from Lille, France.....
-
Burcu BABAC
View profile
More options Aug 21, 6:25 am
From: "Burcu BABAC" <burcu.ba...@gmail.com>
Date: Thu, 21 Aug 2008 16:25:17 +0300
Hello,
As I have heard from my trainer, is a PMP, PMBok 4 editiom has been
publishedi but the exam will change next year. However As Mr. Giammalvo
said, it's really better to check with PMI.
BR,
Burcu Babac
Istanbul,Turkey
From: elceem <elc...@gmail.com>
Date: Thu, 21 Aug 2008 12:55:49 -0700 (PDT)
Local: Thurs, Aug 21 2008 12:55 pm
Subject: Re: PMHUB-G Re: PMP exam changing in Oct?
It is simply not true that PMBOK 4th edition has been published, your
instructor must be joking :-)
However news of the availability of the draft of new PMBOK was
published 6 months ago in PMHUB as NEWS: check this
http://pmhub.net/index.php?id=news.display&newsid=NW47b75c4d8952b
PMHUB Forums discussed the issue whether to wait for PMBOK 4th ed or
take PMP now:
in this topic "PMP now or wait for 4th edition of PMBOK is published"
in PMHUB Forums:
http://forums.pmhub.net/viewtopic.php?t=14100&sid=9849dff5180f1166981...
You need to LOGIN for the 2nd item
[ more.. ]
"hi, I have heard that in October PMI is going to change the PMP exam.
I will be among the first taking the new exam. Does anyone know the
source of this rumor? Has PMI announced anything on their webpage?
Is there anything official? Thanks."
and there was a post in PMHUB Forums: Newcomers Forum:
with subject: "PMP now or wait for 4th edition of PMBOK is published?"
"I am new (beginner) to PMP and was looking to start my preparation for PMP with PMBOK 3rd Edition.
However, I've found on this forum that the 4th Edition is due by the end of August 08. Hence, would require the forum member’s suggestions on the following:
1. If I do study with:
- PMBOK 3rd edition
- PMP Study Guide - Kim Heldman 4th Edition
- Rita Mulcahy PMP Exam Prep 2005 Fifth edition
Can I still cope up with the 4th edition of PMBOK, as I might look to take the test in Nov/Dec 08.
2. Will the below two study guides be still relevant with PMBOK 4th edition, or most of the study would get scrapped with 4th edition of PMBOK?
Please advice.
Thanks in advance Smile
From: "Dr. Paul D. Giammalvo" <pauldg...@gmail.com>
Date: Thu, 21 Aug 2008 01:55:38 +0700
Local: Wed, Aug 20 2008 11:55 am
Subject: RE: PMHUB-G PMP exam changing in Oct?
Reply | Reply to author | Forward | Print | Individual message | Show original | Remove | Report this message | Find messages by this author
X,
The last time PMI did this swap over from the old to the new, they had a
period of time, (I seem to recall it was 6 months) where you could take
EITHER exam, depending on which one you had prepared for.
I have seen nothing written yet from PMI, but I would expect the same or at
least a similar approach.
But the best bet is not to ask us, but ask PMI. Unfortunately, contrary to
what we preach, PMI, the organization, is not very good at communicating
changes they make.....
But that is another story......
BR,
Dr. PDG, from Lille, France.....
-
Burcu BABAC
View profile
More options Aug 21, 6:25 am
From: "Burcu BABAC" <burcu.ba...@gmail.com>
Date: Thu, 21 Aug 2008 16:25:17 +0300
Hello,
As I have heard from my trainer, is a PMP, PMBok 4 editiom has been
publishedi but the exam will change next year. However As Mr. Giammalvo
said, it's really better to check with PMI.
BR,
Burcu Babac
Istanbul,Turkey
From: elceem <elc...@gmail.com>
Date: Thu, 21 Aug 2008 12:55:49 -0700 (PDT)
Local: Thurs, Aug 21 2008 12:55 pm
Subject: Re: PMHUB-G Re: PMP exam changing in Oct?
It is simply not true that PMBOK 4th edition has been published, your
instructor must be joking :-)
However news of the availability of the draft of new PMBOK was
published 6 months ago in PMHUB as NEWS: check this
http://pmhub.net/index.php?id=news.display&newsid=NW47b75c4d8952b
PMHUB Forums discussed the issue whether to wait for PMBOK 4th ed or
take PMP now:
in this topic "PMP now or wait for 4th edition of PMBOK is published"
in PMHUB Forums:
http://forums.pmhub.net/viewtopic.php?t=14100&sid=9849dff5180f1166981...
You need to LOGIN for the 2nd item
[ more.. ]
new! 300 free PMP Exam Questions
August 8, 2008, 12:09 pm
with sponsorship from PMSuccess - PMHUB now provides free 300 questions for the PMP and CAPM aspirants.
Now PMHUB members have access to free 1,000 free mock questions, the largest free questions of any PM websites. 700 sponsored by Crosswind and 300 from PMSucess
Check the left hand column of PMHUB, www.pmhub.net
[ more.. ]
Now PMHUB members have access to free 1,000 free mock questions, the largest free questions of any PM websites. 700 sponsored by Crosswind and 300 from PMSucess
Check the left hand column of PMHUB, www.pmhub.net
[ more.. ]
PMI-RMP announced by PMI
August 8, 2008, 12:02 pmPMI-RMP announced by PMI
August 8, 2008, 12:00 pm
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