tag:blogger.com,1999:blog-1180414808187564492024-02-08T07:28:26.261-08:00PM CircleProject Management Circle:
Documentation of real life experiences and learned PROJECT MANAGEMENT knowledgeUnknownnoreply@blogger.comBlogger10125tag:blogger.com,1999:blog-118041480818756449.post-20585408694595576832017-08-19T22:24:00.000-07:002017-08-19T22:24:18.220-07:00<div dir="ltr" style="text-align: left;" trbidi="on">
<h1 class="article-title" itemprop="headline" style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; border: 0px; color: rgba(0, 0, 0, 0.85); font-family: "Source Sans Pro", Helvetica, Arial, sans-serif; font-stretch: inherit; font-variant-numeric: inherit; line-height: 48px; margin: 3.2rem 0px 2rem; outline: 0px; padding: 0px; vertical-align: baseline;">
<span style="font-size: large;">Increased Real estate advertisement In India – Paper Waste or sign of industry Revival</span></h1>
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<div class="MsoNormal" style="line-height: 24.0pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify; vertical-align: baseline;">
<span style="font-family: "Times New Roman",serif; font-size: 16.0pt; mso-fareast-font-family: "Times New Roman";">Steady
increase in pages in real estate section of all leading newspapers in India, is
this a sign of revival of real estate or last grasp of breath before going
under. Indian Real estate sector has taken a beating from demonetization, RERA
act, GST and most importantly tax changes on second property ownership<o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: 24.0pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify; vertical-align: baseline;">
<b><span style="border: none windowtext 1.0pt; font-family: "inherit",serif; font-size: 16.0pt; mso-bidi-font-family: "Times New Roman"; mso-border-alt: none windowtext 0in; mso-fareast-font-family: "Times New Roman"; padding: 0in;">Buyers waiting for price and interest rate to
drop. Developers holding on without reducing price waiting for the price to
increase. A cat and mouse game, Only time will tell is the buyer the cat
or the mouse.</span></b><span style="font-family: "Times New Roman",serif; font-size: 16.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: 24.0pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify; vertical-align: baseline;">
<b><i><u><span style="border: none windowtext 1.0pt; font-family: "inherit",serif; font-size: 15.5pt; mso-bidi-font-family: "Times New Roman"; mso-border-alt: none windowtext 0in; mso-fareast-font-family: "Times New Roman"; padding: 0in;">Real Estate prices in India are
related to interest rates and credit availability, than the growth
of real income</span></u></i></b><b><i><span style="border: none windowtext 1.0pt; font-family: "Georgia",serif; font-size: 15.5pt; mso-bidi-font-family: "Times New Roman"; mso-border-alt: none windowtext 0in; mso-fareast-font-family: "Times New Roman"; padding: 0in;"> </span></i></b><span style="font-family: "Times New Roman",serif; font-size: 16.0pt; mso-fareast-font-family: "Times New Roman";">Many
experts have been warning of the ‘bursting of the real estate bubble’ in India
for the last 5-6 years. Select India’s real estate prices have been going up by
an average of 20 to 30% or so per year for more than a decade, while actual
interest rates have been in the range of 8.5%-12%. Because of this, many people
have taken out loans and invested in property, enjoying the 10-15% differential.
However, with prices having increased around 5+ times some areas 10+ since the
turn of the century how long will the 20 to 30% appreciation continue.<o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: 24.0pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify; vertical-align: baseline;">
<i><u><span style="border: none windowtext 1.0pt; font-family: "inherit",serif; font-size: 15.5pt; mso-bidi-font-family: "Times New Roman"; mso-border-alt: none windowtext 0in; mso-fareast-font-family: "Times New Roman"; padding: 0in;">Property prices will come down
like a house of cards or stay stagnated or some combination of both sooner or
later because</span></u></i><span style="font-family: "Times New Roman",serif; font-size: 16.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: 24.0pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify; vertical-align: baseline;">
<span style="font-family: "Times New Roman",serif; font-size: 16.0pt; mso-fareast-font-family: "Times New Roman";">1. Real
estate are no longer affordable to the vast majority of Indian middle class
households.<o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: 24.0pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify; vertical-align: baseline;">
<span style="font-family: "Times New Roman",serif; font-size: 16.0pt; mso-fareast-font-family: "Times New Roman";">2. Not
a viable source of cash flow because of new tax rules,<o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: 24.0pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify; vertical-align: baseline;">
<span style="font-family: "Times New Roman",serif; font-size: 16.0pt; mso-fareast-font-family: "Times New Roman";">3. low
rental returns and appreciation Consolidation of the real estate players <o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: 24.0pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify; vertical-align: baseline;">
<b><i><u><span style="border: none windowtext 1.0pt; font-family: "inherit",serif; font-size: 15.5pt; mso-bidi-font-family: "Times New Roman"; mso-border-alt: none windowtext 0in; mso-fareast-font-family: "Times New Roman"; padding: 0in;">Real estate investment as a
cash flow (rental Yield) is a myth </span></u></i></b><span style="font-family: "Times New Roman",serif; font-size: 16.0pt; mso-fareast-font-family: "Times New Roman";">Rental yield on a property in Bangalore is 2 to 3% that is
1.5 crore property will fetch a rental income of a round INR 20k to 45K
depending on the locality.<o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: 24.0pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify; vertical-align: baseline;">
<b><i><u><span style="border: none windowtext 1.0pt; font-family: "inherit",serif; font-size: 15.5pt; mso-bidi-font-family: "Times New Roman"; mso-border-alt: none windowtext 0in; mso-fareast-font-family: "Times New Roman"; padding: 0in;">Reduced interest rates has
increased the borrowing power of the buyer </span></u></i></b><span style="font-family: "Times New Roman",serif; font-size: 16.0pt; mso-fareast-font-family: "Times New Roman";">but The GST law has proposed to tax sale of
under-construction real estate property at 12%. However, on the total sale
value, in addition to the stamp duty levied around 6% on sale value, the tax
burden is likely to increase to 18%, thereby hugely impacting cost of property.
This has offset any current advantage of buyers borrowing power.<o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: 24.0pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify; vertical-align: baseline;">
<b><i><u><span style="border: none windowtext 1.0pt; font-family: "inherit",serif; font-size: 15.5pt; mso-bidi-font-family: "Times New Roman"; mso-border-alt: none windowtext 0in; mso-fareast-font-family: "Times New Roman"; padding: 0in;">The huge number of unsold units
and the long time taken to sell a property </span></u></i></b><span style="font-family: "Times New Roman",serif; font-size: 16.0pt; mso-fareast-font-family: "Times New Roman";">Unsold flats are not a big worry if sales are faster than
the time taken for completing the projects. If the average age of the unsold
inventory is three years while it takes almost five years to complete a project
and hence inventory build-up is not worrisome. Leading indicators suggest that
the we are very close to or crossed the tipping point where<o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: 24.0pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify; vertical-align: baseline;">
<span style="font-family: "Times New Roman",serif; font-size: 16.0pt; mso-fareast-font-family: "Times New Roman";">Project
completion time = Average age of unsold real estate inventory<o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: 24.0pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify; vertical-align: baseline;">
<b><i><u><span style="border: none windowtext 1.0pt; font-family: "inherit",serif; font-size: 15.5pt; mso-bidi-font-family: "Times New Roman"; mso-border-alt: none windowtext 0in; mso-fareast-font-family: "Times New Roman"; padding: 0in;">Post RERA Developers holding
cost will go up</span></u></i></b><b><i><span style="border: none windowtext 1.0pt; font-family: "Georgia",serif; font-size: 15.5pt; mso-bidi-font-family: "Times New Roman"; mso-border-alt: none windowtext 0in; mso-fareast-font-family: "Times New Roman"; padding: 0in;"> </span></i></b><span style="font-family: "Times New Roman",serif; font-size: 16.0pt; mso-fareast-font-family: "Times New Roman";">as
legally pre-launch is not allowed as developer can sell only after all
approvals are in place. The cost of borrowing for land acquisition is upwards
of 20%, and can be as high as 40%. The time lag between the day the developer
buys land to the day the project is launched can extend to more than two years.
Debtors are asking for payment before construction start and in some cases
before the first sale.<o:p></o:p></span></div>
<ul style="margin-top: 0in;" type="disc">
<li class="MsoNormal" style="line-height: 24.0pt; margin-bottom: .0001pt; margin-bottom: 0in; mso-list: l0 level1 lfo1; tab-stops: list .5in; text-align: justify; vertical-align: baseline;"><b><span style="border: none windowtext 1.0pt; font-family: "inherit",serif; font-size: 16.0pt; mso-bidi-font-family: "Times New Roman"; mso-border-alt: none windowtext 0in; mso-fareast-font-family: "Times New Roman"; padding: 0in;">Will the Builders take the hit or will they pass the cost to
buyer?</span></b><span style="font-family: "inherit",serif; font-size: 16.0pt; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></li>
<li class="MsoNormal" style="line-height: 24.0pt; margin-bottom: .0001pt; margin-bottom: 0in; mso-list: l0 level1 lfo1; tab-stops: list .5in; text-align: justify; vertical-align: baseline;"><b><span style="border: none windowtext 1.0pt; font-family: "inherit",serif; font-size: 16.0pt; mso-bidi-font-family: "Times New Roman"; mso-border-alt: none windowtext 0in; mso-fareast-font-family: "Times New Roman"; padding: 0in;">Will new innovative land acquisition methods emerge to help
the developers cash flow.</span></b><b><span style="border: none windowtext 1.0pt; font-family: "Times New Roman",serif; font-size: 16.0pt; mso-border-alt: none windowtext 0in; mso-fareast-font-family: "Times New Roman"; padding: 0in;"></span></b><span style="font-family: "inherit",serif; font-size: 16.0pt; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></li>
</ul>
<div class="MsoNormal" style="line-height: 24.0pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify; vertical-align: baseline;">
<span style="font-family: "Times New Roman",serif; font-size: 16.0pt; mso-fareast-font-family: "Times New Roman";">In
conclusion, Real estate advertisement in India, will continue to increase and
lead to more physical and e-waste will it revive the industry only time will
tell.<o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: 24.0pt; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify; vertical-align: baseline;">
<b><i><span style="border: none windowtext 1.0pt; font-family: "Georgia",serif; font-size: 15.5pt; mso-bidi-font-family: "Times New Roman"; mso-border-alt: none windowtext 0in; mso-fareast-font-family: "Times New Roman"; padding: 0in;">The opinions expressed in this
article are the author's own and do not reflect the view of any Individual,
organization or political parties.</span></i></b><span style="font-family: "Times New Roman",serif; font-size: 16.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></div>
</div>
<br /></div>
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-118041480818756449.post-23091523253273734632016-07-30T08:06:00.001-07:002016-07-30T08:06:42.205-07:00Charts and Graphs - Choosing the right format - Communication skills training from MindTools.com<div dir="ltr" style="text-align: left;" trbidi="on">
<a href="http://www.mindtools.com/pages/article/Charts_and_Diagrams.htm">Charts and Graphs - Choosing the right format - Communication skills training from MindTools.com</a></div>
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-118041480818756449.post-48993365535974253002016-07-30T08:05:00.002-07:002016-07-30T08:05:49.033-07:00<div dir="ltr" style="text-align: left;" trbidi="on">
<br />
<br />
<a href="http://www.pmibangalorechapter.in/pmpc/2016/#">http://www.pmibangalorechapter.in/pmpc/2016/#</a></div>
Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-118041480818756449.post-50414464918443943332010-06-15T09:08:00.000-07:002010-06-15T09:15:28.863-07:00Is your Blog being ripped off?<span class="Apple-style-span" style=" ;font-family:Arial;font-size:small;"><span class="Apple-style-span" style="font-size:13px;"><br /></span></span>Accidentally came across this cool application website<br /><br /><a href="http://www.copyscape.com/"><span class="Apple-style-span" style="font-size:xx-large;">http://www.copyscape.com/</span></a><br /><br />Type your blog's name in the search bar to make sure you are not being ripped off.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-118041480818756449.post-28114937503259699342010-06-06T18:35:00.000-07:002010-06-07T06:28:52.982-07:00Magic of Networking<div class="MsoNormal" id="{763489A7-E104-4E34-8C5F-C4534B4E4256}"><span class="Apple-style-span" style="font-size: x-large;">Magic of Networking<br />
<br />
</span><o:p></o:p></div><div class="MsoNormal" id="{EBC01A34-E061-4FCF-8E79-78C4AD66B048}" style="margin: 0in;"><span class="Apple-style-span" style="font-size: x-large;">“</span><b><i><span style="font-family: GillSansMT-BoldItalic;"><span class="Apple-style-span" style="font-size: x-large;">it’s not what you know, it’s who you know</span></span></i></b><span class="Apple-style-span" style="font-size: x-large;">.”</span><o:p></o:p></div><div class="MsoNormal" id="{51872822-278E-4A56-BDA4-6B4914F7208E}" style="margin: 0in;"><br />
</div><div class="MsoNormal" id="{79978DD4-551B-4D8C-8D63-F53F2B853C89}" style="margin: 0in;">You may be the smartest or the hardest working in your field. what good would it be if you were the only one to know your abilities.<o:p></o:p></div><div class="MsoNormal" id="{903C2DB2-1854-4E08-8B2D-014652AD60EB}" style="margin: 0in;"><br />
</div><div class="MsoNormal" id="{43D7B4E6-1C52-429B-8EF2-69BA8C47CCCF}" style="margin: 0in;"><span class="Apple-style-span" style="font-size: x-large;">The Solution </span><o:p></o:p></div><div class="MsoNormal" id="{682C0B13-7D4C-4553-AE26-DE5986FDF9A7}" style="margin: 0in;"><span style="font-size: large;"><i><span class="Apple-style-span">Offline and Online Networking</span></i></span><o:p></o:p></div><div class="MsoNormal" id="{60599ED8-DA57-4487-9E07-641800BB8D5C}" style="margin: 0in;"><br />
</div><div class="MsoNormal" id="{56DD3073-4ADE-4F7E-AD90-4C9132D5DC8C}" style="margin: 0in;"><span style="font-size: 130%;">WHY</span> to Network <br />
<br />
Networking helps build the following<o:p></o:p></div><ul style="margin-top: 0in;" type="disc"><li class="MsoNormal" style="margin-bottom: 0in; margin-top: 0in;">Relationship <o:p></o:p></li>
<li class="MsoNormal" style="margin-bottom: 0in; margin-top: 0in;">Resources<o:p></o:p></li>
<li class="MsoNormal" style="margin-bottom: 0in; margin-top: 0in;">Reputation <o:p></o:p></li>
<li class="MsoNormal" style="margin-bottom: 0in; margin-top: 0in;">Referrals. <o:p></o:p></li>
<li class="MsoNormal" style="margin-bottom: 0in; margin-top: 0in;">New ideas <o:p></o:p></li>
<ul style="margin-top: 0in;" type="circle"><li class="MsoNormal" style="margin-bottom: 0in; margin-top: 0in;">Relevant industrial hot topics, <o:p></o:p></li>
<li class="MsoNormal" style="margin-bottom: 0in; margin-top: 0in;">Latest challenges and advancement.<o:p></o:p></li>
</ul>
<li class="MsoNormal" style="margin-bottom: 0in; margin-top: 0in;">Opportunities<o:p></o:p></li>
<ul style="margin-top: 0in;" type="circle"><li class="MsoNormal" style="margin-bottom: 0in; margin-top: 0in;">Access To Quality Services<o:p></o:p></li>
<li class="MsoNormal" style="margin-bottom: 0in; margin-top: 0in;">Public Recognition<o:p></o:p></li>
</ul>
<li class="MsoNormal" style="margin-bottom: 0in; margin-top: 0in;">Increased income generation <o:p></o:p></li>
<ul style="margin-top: 0in;" type="circle"><li class="MsoNormal" style="margin-bottom: 0in; margin-top: 0in;">Selling more products or services or <o:p></o:p></li>
<li class="MsoNormal" style="margin-bottom: 0in; margin-top: 0in;">Obtaining a new job. </li>
</ul></ul>HOW to network<br />
<ul><li>Offline Networking</li>
<ul><li>Face to face meeting </li>
<li>Passing out business cards</li>
<li>Joining associations</li>
</ul>
<li>Online networking</li>
<ul><li>Linked in</li>
<li>Face book</li>
<li>Orkut</li>
<li>Hi5</li>
<li>Window live space</li>
<li>and many others</li>
</ul></ul><br />
<ul style="margin-top: 0in;" type="disc"></ul><div class="MsoNormal" style="margin: 0in;"><span id="goog_2046114412"></span><span id="goog_2046114413"></span><o:p></o:p></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-118041480818756449.post-9725685501082151732010-05-23T05:22:00.000-07:002010-05-24T04:18:07.094-07:00How to form a Joint Venture.<div style="font-weight: bold;" id="{44C71955-3A23-4612-861C-22374D75F07F}">What is a joint venture?</div><div id="{9BDD20D3-E18E-4880-9D73-4C0174B4AE2E}"><span class="Apple-style-span" style="line-height: 16px;font-family:Verdana,Tahoma,Arial,Helvetica,'Bitstream Vera Sans',sans-serif;font-size:11px;" ><br /></span></div><div style="font-style: italic;" id="{0727D219-74BB-4EB1-A751-2D1894BCA538}"><span class="Apple-style-span" style="line-height: 16px;font-family:Verdana,Tahoma,Arial,Helvetica,'Bitstream Vera Sans',sans-serif;font-size:85%;" ><span>"A joint venture is a legal</span><span id="{07D8B1DE-FA11-4D2A-8962-DB1FD9C82A34}"> </span><span id="{12254745-A436-4DF9-A13C-A30D9D10A503}">organization that takes the form of a short term partnership in which the persons jointly undertake a transaction for mutual profit. Generally each person contributes assets and share risks. Like a partnership, joint ventures can involve any type of business transaction and the "persons" involved can be individuals, groups of individuals, companies, or corporations." LII a</span>t Cornell Law School</span></div><div id="{0ADCDC89-0DB6-4E2B-A721-F2ED6E8D6767}"><br /></div><span style="font-weight: bold;font-size:100%;" ><span id="{F87B2B7E-8374-448A-BA87-70A554B8D61E}" style="font-family:times new roman;">Before we go into HOW to form a joint venture let us discuss WHY?</span></span><div id="{5714B099-65AA-4D1E-9892-3083429B2D3C}"><ol style="font-family: times new roman;"><li><span style="font-size:100%;">To access new markets.</span></li><li><span style="font-size:100%;">To venture into new fields.</span></li><li><span style="font-size:100%;">To share technology for monetary benifits.<br /></span></li><li><span style="font-size:100%;">To attain qualifying criteria. </span></li></ol><span style="font-family:times new roman;font-size:100%;"><span id="{A570F5E7-B9A6-45C8-9314-B18EEEDFF003}" style="font-weight: bold;">Things to be agreed on not limited to before forming a Joint Venture.</span><br /></span><span style="font-family: times new roman;font-size:100%;" > </span> <ol><li><span style="font-family: times new roman;font-family:arial;font-size:100%;" ><span id="{AFC4F1C6-665A-4FB2-BD04-9350E250A20C}">Identification of the participants</span></span></li><li><span style="font-family: times new roman;font-size:100%;" id="{CA4D3936-FC2C-411B-80A9-8BDA819A9156}" >Term of the agreement </span></li><li><span style="font-family: times new roman;font-size:100%;" id="{C9BFDA2E-B308-4B0C-A52F-E695CE017F52}" >Percentage of capital contributions</span></li><li><span style="font-family: times new roman;font-size:100%;" id="{5B596D3E-1B3F-4491-A6D4-6D54679D0E63}" >Responsibility of management of the business </span></li><li><span style="font-family: times new roman;font-size:100%;" id="{5B596D3E-1B3F-4491-A6D4-6D54679D0E63}" >Responsibility of </span><span style="font-family: times new roman;font-size:100%;" id="{5A879AEE-C14A-4385-8A77-B38939705979}" >administrative matters</span></li><li><span style="font-family: times new roman;font-size:100%;" id="{E12CBD38-1079-403F-8ED9-D823EBF6D187}" >Dissolution of the Joint Venture</span></li></ol><span style="font-weight: bold;">Most IMPORTANT </span><br /><br />CONTACT YOUR ATTORNEY to formulate the agreement.<br /><br /><br /><span style="visibility: hidden;font-size:100%;" ><span style="position: absolute; left: -4.89%;"><br /></span></span><br /> <!--[if ppt]--> <!--[if !mso]> <style> v\:* {behavior:url(#default#VML);} o\:* {behavior:url(#default#VML);} p\:* {behavior:url(#default#VML);} .shape {behavior:url(#default#VML);} v\:textbox {display:none;} </style> <![endif]--><!--[if !ppt]--><style> .O {font-size:149%;} </style><style media="print"> <!--.sld {left:0px !important; width:6.0in !important; height:4.5in !important; font-size:103% !important;} --> </style><!--[endif]--></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-118041480818756449.post-58050377686830409582010-05-22T16:00:00.000-07:002010-05-22T17:01:47.492-07:00Mind Toolshttp://www.mindtools.com/index.html<br /><br />I enjoyed exploring this website.<br /><br />The website has material for budding and seasoned project managers.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-118041480818756449.post-65897845933815091872010-05-21T04:22:00.000-07:002013-09-07T09:39:39.816-07:00How I passed my PMP.<div dir="ltr" style="text-align: left;" trbidi="on">
<div style="text-align: justify;">
I wrote the Project Management Professional exam and passed on May 1st 2010.</div>
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<span style="font-weight: bold;">How long did it take me?<span style="font-style: italic;"></span></span><br />
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I decided I wanted to be a certified PMP in 2008.</div>
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One baby (almost 2 now), 2 projects and one marathon were my achievement between deciding to be a PMP and actually becoming one. </div>
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<b>Standard text book excuses for not preparing earlier.</b></div>
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Personal and work commitments kept me from preparing and appearing for the exam. </div>
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Listed below are the methods I used to over come the excuses. </div>
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1. Any way I became a PMI member joined a lot of professional forums. </div>
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2. Printed the PMBOK and carried it around for a few months. That did not work either. </div>
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3. Finally I paid the examination fees and scheduled a date (postponed thrice). </div>
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4. Looked at the bar chart below for inspiration.</div>
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<div style="background: white; border: 1px solid #96b9d7; color: #333333; font: normal 11pt Verdana,Arial,sans-serif; padding: 5px; text-align: center; width: 510px;">
<a href="http://www.payscale.com/research/US/Certification=Project_Management_Professional_(PMP)/Salary/by_City" style="color: #0066cc; font-weight: bold; text-decoration: none;">Median Salary by City - Certification: Project Management Professional (PMP) (United States)</a><a href="http://www.payscale.com/research/US/Certification=Project_Management_Professional_(PMP)/Salary/by_City"><img alt="Median Salary by City" border="0" src="http://www.payscale.com/research/US/Certification=Project_Management_Professional_(PMP)/Salary/by_City.png" /></a><br />
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Compare your salary: <a href="http://www.payscale.com/" style="color: #0066cc; text-decoration: underline;">Get a free Salary Report</a></div>
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<b>Method of Study</b></div>
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2 months of unstructured reading of PMBOK and 1 and half months of answering practice questions was the effort I put into preparing for PMP.</div>
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1. I read the PMBOK twice</div>
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2. PMI Project Management Professional (PMBOKv4) Cram master Test Prep. (a special thanks to my aunt for the loaning it.)</div>
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3. Used the web to find free questions. </div>
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<b>PMP free Sample questions</b></div>
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<li class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-top: 0in; mso-list: l0 level1 lfo1; text-align: justify;"><a href="http://www.oliverlehmann.com/pmp-self-test/75-free-questions.htm">http://www.oliverlehmann.com/pmp-self-test/75-free-questions.htm</a></li>
<li class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-top: 0in; mso-list: l0 level1 lfo1; text-align: justify;"><a href="http://headfirstlabs.com/PMP/free_exam/">http://headfirstlabs.com/PMP/free_exam/</a></li>
<li class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-top: 0in; mso-list: l0 level1 lfo1; text-align: justify;"><a href="http://www.pmstudy.com/PMP-Exam-Resources/freeSimulatedTest.asp">http://www.pmstudy.com/PMP-Exam-Resources/freeSimulatedTest.asp</a></li>
<li class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-top: 0in; mso-list: l0 level1 lfo1; text-align: justify;"><a href="http://www.tutorialspoint.com/pmp-exams/pmp_mock_exams.htm">http://www.tutorialspoint.com/pmp-exams/pmp_mock_exams.htm</a></li>
<li class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-top: 0in; mso-list: l0 level1 lfo1; text-align: justify;"><a href="http://pmzilla.com/pmp-exams-and-resources-pmp">http://pmzilla.com/pmp-exams-and-resources-pmp</a></li>
</b></ol>
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<b></b><br />
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<b>Free PMP flash cards</b></div>
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<li class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; margin-top: 0in; mso-list: l0 level1 lfo1; text-align: justify;"><a href="http://quizlet.com/subject/PMP/">http://quizlet.com/subject/PMP/</a> </li>
</ol>
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<b>My advice to all future test takers</b> </div>
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1. Read the PMBOK</div>
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2. Solve a lot of sample questions.<br />
3. Read the PMP code of ethics.<br />
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Best of Luck<br />
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Unknownnoreply@blogger.com1tag:blogger.com,1999:blog-118041480818756449.post-76013644081571380982009-09-09T04:19:00.000-07:002009-09-10T11:47:12.224-07:00WHAT KIND OF ENGINEER ARE YOU?<div><span class="Apple-style-span" style="color: rgb(51, 51, 51); font-size:13px;"><div id="previewbody" style="font-size: 17px; color: rgb(102, 102, 102); margin-left: 0.2em; display: block; "><div>"What kind of engineer are you?"</div><div><br /></div><div>One of my consultants asked me this question.</div><div>This question can be interpreted in different ways. </div><div>Was he referencing my education or my work experience or my buisness development outlook as an engineer.</div><div><br /></div><div>An Engineer's Buissness Development Outlook</div><div><br /></div>1. An engineer who is first and foremost a technican, who does not want to be bothered about Buisness development.<div><br /><div>2. An engineer who wants to or has climbed the corporate ladder to become a project manager. He understands that buisness development is part of his responsibility. He does it (may be grudgingly) or genuinely likes it.</div><div><br /></div><div>3. An engineer who understand engineering is a buisness.</div></div></div></span></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-118041480818756449.post-57853505290375966382008-11-16T14:49:00.000-08:002011-03-15T04:56:59.515-07:00Orgin of PMCircle<div dir="ltr" style="text-align: left;" trbidi="on"><div><div class="MsoNormal" style="text-align: justify;"></div><div class="MsoNormal" style="text-align: justify;">Dear Fellow Project leaders,</div><div class="MsoNormal" style="text-align: justify;"><o:p>Welcome to PM Circle.</o:p></div><div class="MsoNormal" style="text-align: justify;">Starting a blog was in my "To-Do" list for quiet sometime. Finally got inspired to sit down and think of a unique name. <b style="mso-bidi-font-weight: normal;">“PM Circle”</b> This is an attempt to document real life experience and learned knowledge. This is my first attempt so all suggestions and recommendations. I am a firm believer of the doctrine “WHAT GOES AROUND COMES AROUND”. I believe it is the same for project management. That is the inspiration behind the name of this blog<b style="mso-bidi-font-weight: normal;">: -</b> <b style="mso-bidi-font-weight: normal;">PM Circle.<o:p></o:p></b></div><div class="MsoNormal" style="text-align: justify;">My interests in Project Management are </div><ul style="margin-top: 0in;" type="disc"><li class="MsoNormal" style="mso-list: l1 level1 lfo1; tab-stops: list .5in; text-align: justify;">Project Life Cycle</li>
<li class="MsoNormal" style="mso-list: l1 level1 lfo1; tab-stops: list .5in; text-align: justify;">Scope Management</li>
<li class="MsoNormal" style="mso-list: l1 level1 lfo1; tab-stops: list .5in; text-align: justify;">Time Management</li>
<li class="MsoNormal" style="mso-list: l1 level1 lfo1; tab-stops: list .5in; text-align: justify;">Cost Management</li>
<li class="MsoNormal" style="mso-list: l1 level1 lfo1; tab-stops: list .5in; text-align: justify;">Quantity Management</li>
<li class="MsoNormal" style="mso-list: l1 level1 lfo1; tab-stops: list .5in; text-align: justify;">Earned Value Management</li>
<li class="MsoNormal" style="mso-list: l1 level1 lfo1; tab-stops: list .5in; text-align: justify;">Contract Management</li>
<li class="MsoNormal" style="mso-list: l1 level1 lfo1; tab-stops: list .5in; text-align: justify;">Human Resource Management</li>
<li class="MsoNormal" style="mso-list: l1 level1 lfo1; tab-stops: list .5in; text-align: justify;">Procurement Management</li>
<li class="MsoNormal" style="mso-list: l1 level1 lfo1; tab-stops: list .5in; text-align: justify;">Risk Management </li>
<li class="MsoNormal" style="mso-list: l1 level1 lfo1; tab-stops: list .5in; text-align: justify;">Communication Management</li>
</ul><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;">Other areas of interest</div><ul style="margin-top: 0in;" type="disc"><li class="MsoNormal" style="mso-list: l0 level1 lfo2; tab-stops: list .5in; text-align: justify;">Construction </li>
<li class="MsoNormal" style="mso-list: l0 level1 lfo2; tab-stops: list .5in; text-align: justify;">Scheduling </li>
<li class="MsoNormal" style="mso-list: l0 level1 lfo2; tab-stops: list .5in; text-align: justify;">Marketing</li>
<li class="MsoNormal" style="mso-list: l0 level1 lfo2; tab-stops: list .5in; text-align: justify;">LEED (Leadership in Energy Efficient Design)</li>
<li class="MsoNormal" style="mso-list: l0 level1 lfo2; tab-stops: list .5in; text-align: justify;">Lean Construction </li>
<li class="MsoNormal" style="mso-list: l0 level1 lfo2; tab-stops: list .5in; text-align: justify;">Architecture</li>
</ul><div class="MsoNormal" style="text-align: justify;"><br />
</div><div class="MsoNormal" style="text-align: justify;"><b><br />
</b></div></div></div>Unknownnoreply@blogger.com0