Category Archives: Uncategorized

Free PMBOK4 PMP Sample questions, Mock test, Simulated exam

Here is a list of free PMP exam preparation practice questions, and Simulators. Many of the free questions on web are based on PMBOK3. Here is a list of few updated one. I have tried to limit list to the ones that provide reasonable quantity of free questions.

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How to verify PMP REP (Registered Education Provider)?

Getting a training from REP (Registered Education provider) is a good way to meet 35 Contact Hour training requirement for PMP. However, sometimes Training institutes can falsely claim to be an REP.

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What is PMBOK?

PMBOK (Project Management Body of Knowledge) (Current version is PMBOK4) is the globally recognized standard for Project Management Field. It is created and maintained by PMI Organization. Read More »

PMP – Examples of Contract Types in Procurement

Procurement can generally be categorized between Fixed Price and Cost Reimbursable.

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Project Management – How to plan quality?

Here are the techniques for planning quality.

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What is Work Breakdown Structure (WBS)?

Work Breakdown Structure is tree structure division and subdivision of work required to achieve complete project scope.

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PMP 35 Contact Hours Training – Cheap Options

There are various ways to receive 35 Contact Hours. This includes documenting Project Management training received during collage or during employment, attending class room or online training from Registered Education Provider or other Trainers. However, if you are looking to receive the training to meet requirements, here are few low cost options.

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How to collect Project requirements

There are various techniques that can be used for collecting project requirements.

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Only output tax is allowed for account xxxxxxx xx

You get this error while posting when there are restrictions on type of tax codes allowed for GL account. Read More »

What is Project Management Plan

Project Plan or Project Management Plan or PM Plan is a key document that combines and integrates all other project management knowledge area planning documents. PM plan is the basis of Project Execution and Monitoring/Controlling.

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Project Work Vs Operational Work

A project is a temporary work taken to create a unique product, service or result. Let us elaborate it on further. Read More »

Project Selection Method

Project selection methods are used to pick projects with maximum value to the organization.

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What is Project Charter

A project charter is a document with high level scope, main stakeholders, objectives, risks, project manager authority etc. This is a signed document that formally authorizes a project.

Project Charter would normally include

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Organizational Structure – Functional vs. Matrix vs. Projectized

Organization Structure can have huge influence on project management. From Project Management perspective, Structure can be Functional, Matrix or Projectized.

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Role of Project Management Office (PMO) in Organization

Project Management Office is the centralized department in a company for Project Management. Responsibilities and authority of PMO might vary. PMO might be a support department providing knowledge, Tools and support required for projects or PMO might have complete authority on all projects. Read More »

How to transport Text modules in SAP

If you have created text module in SO10, it will not be transported automatically and you generally have to create text module in each client. Read More »

Chart of Depreciation in SAP Asset Management

Chart of depreciation in SAP Fixed Asset is an umbrella under which all Fixed asset settings and configurations are maintained. Read More »

SAP Foreign Currency Valuation Configuration

Here are the key pieces of config you need to maintain for valuation. Read More »

Parallel Currencies in SAP – Currency Types

SAP allows you to define 3 parallel currencies in addition to document currency. Parallel currencies can be defined in OB22. You can choose the currencies from 5 available currencies as below. Read More »

Vishing – Voice Phishing

Vishing is a criminal fraud method of acquiring personal information over the phone by pretending to be a legitimate business such as Bank or Credit Card Company. Read More »

Ledger Group in SAP New GL

Ledger group is used to combine ledgers with similar functions. It allows posting to multiple ledgers at the same time. Ledger group is a new field added in many posting screens to make ledger specific posting. Read More »

Leading Ledger vs Non Leading Ledger in SAP New GL

Leading ledger (0L) is the primary ledger while Non Leading ledgers act as parallel ledgers. The decision to choose leading ledger and accounting standard for leading ledger must be taken carefully. Read More »

Additional Functionality if SAP New GL

SAP has introduced additional functionality with New G/L. Here is the short summary. Read More »

Ledgers in SAP Classic GL

Here is the list of ledgers in Classic G/L. Read More »

Beware of Pretexting when you get a call

phone Beware of Pretexting when you get a call imagePretexting is a criminal method of acquiring private information by pretending to be a legitimate authority and is primarily done over the phone. Pretexter can then sell this information or use this for identity theft. Read More »