PMHub now offers you the benefit of daily guidance to help you stay on the road to success with the project management exam or to sharpen and exercise the project management skills you already possess. Each edition of the PMHub Tip of the Day will give you a question of the day, daily terminology booster, and links to other helpful tools that will prepare you for exam success.

The PMP® Success Series: Terms and Definitions Audio CD is a key tool for anyone preparing for the PMP® Exam. This CD has Terms and Definitions for all 44 process areas covered on the PMP® and CAPM® Exams. It is designed for minimal study time. The format allows you to listen to the term, think of the answer, and then hear the correct answer which helps to maximize memorization. It's perfect for quizzing yourself or memorizing during that late night study session, or that long commute to the office.

The project is in a Balanced Matrix environment. There are significant challenges with the schedule and resource constraints of the project. Project personnel have been complaining to the Project Manager about the environment. In this type of environment, who controls the resources?

(a) Functional Manager
(b) Project Manager
(c) Project Coordinator
(d) Senior Management

Resource

People, supplies, equipment, and other items used in the work of the project

The printing company is putting a policy in place to use just-in-time manufacturing. It feels this policy will help minimize excess paper and ink costs and improve efficiency in processing and maximize square footage utilization. The amount of inventory needed for this type of process is what?

(a) Minimal
(b) 25%
(c) Six Sigma
(d) Zero (Correct)

Explanation: The amount of inventory needed for Just in Time (JIT) inventory is zero days. This implies that inventory arrives when it is needed.

For more questions, terminology and other exercises please see the PMP® Exam Success Series: Certification Exam Manual at www.c rosswind pm.com

Question of the Day

The project is in a Balanced Matrix environment. There are significant challenges with the schedule and resource constraints of the project. Project personnel have been complaining to the Project Manager about the environment. In this type of environment, who controls the resources? (a) Functional Manager (b) Project Manager (c) Project Coordinator (d) Senior Management

Terminology of the Day

Resource People, supplies, equipment, and other items used in the work of the project

Answer and Explanation to Yesterday's Question

The printing company is putting a policy in place to use just-in-time manufacturing. It feels this policy will help minimize excess paper and ink costs and improve efficiency in processing and maximize square footage utilization. The amount of inventory needed for this type of process is what? (a) Minimal (b) 25% (c) Six Sigma (d) Zero (Correct) Explanation: The amount of inventory needed for Just in Time (JIT) inventory is zero days. This implies that inventory arrives when it is needed. For more questions, terminology and other exercises please see the PMP® Exam Success Series: Certification Exam Manual at www.c rosswind pm.com