PMHub
PMP®/CAPM® Exam
- Tip of the Day
In This Edition
Sign Up
PMHub Links
Welcome!

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.
flashcards
The PMP® Exam Success Series: Certification Exam Flashcards includes 400 flashcards complete with terms and definitions, formulas, inputs,. tools/techniques, and outputs and other key PMBOK Guide information needed to pass the PMP® Exam. It is designed to help maximize your memorization while minimizing your study time as you prepare for the PMP® Exam.

  • 400 Flashcards
  • Terms and Definitions for all process areas
  • Questions and Formulas
  • Formatted to Help Maximize Memorization
  • Designed for Minimal Study Time

Question of the Day
A team member has come to you and reported that the work due today is going to be five weeks late. The team member has requested that you do not report this to Senior Management. What is your professional responsibility to the project?

(a) Report the status accurately and timely.
(b) Issue a status report that does not contain this information.
(c) Wait until you have some good news to report with the bad news.
(d) The manager has helped you so you won't report the slip, hoping it gets back on schedule.

Terminology of the Day
Government

An organization that represents and manages an area The area can be a city, state or country. In the United States, the federal government runs the country. Each state is responsible for operating the state. There can be city, state, or federal laws.
Answer and Explanation to Yesterday's Question
The retail chain is using a vendor to provide engineers for a security camera network design and implementation. The buyer of the equipment is providing the list of models and quantity of each piece of equipment that it wants to purchase as well as the timeframes they intend to purchase the equipment in. What type of document is being provided to the sellers?

(a) Request for Information (RFI)
(b) Invitation for Bid (IFB)
(c) Request for Quote (RFQ) (Correct)
(d) Request for Proposals (RFP)

Explanation: A Request for Quotes (RFQ) involves getting prices from a company for goods or services. A Request for Proposal (RFP) deals with a detailed, very specific approach to a customized solution. A Request for Information (RFI) deals with finding potential vendors for consideration for proposals or quotes. An Invitation for Bid (IFB) is similar to the RFP but is typically used in government contracting.

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