PfMP Live Lessons – Guaranteed Pass or Your Money Back

 

I’m pleased to announce the availability of the PfMP Live Lessons video course for aspiring portfolio management professionals (PfMP®):

PfMP LIVE LESSONS – GUARANTEED PASS OR MONEY BACK 

It’s an in-depth video course for aspiring PfMPs and currently practicing portfolio management practitioners, who want to be PfMPs in a short time-window and crack the exam with certainty. This course has been requested by aspiring PfMPs in recent months. It has been prepared with inputs from many successfully certified PfMPs, worldwide.

This is the only such course in the world with full money-back guarantee, linked to your passing the PfMP exam. There are no terms and conditions, except you giving the exam.

PfMP is the highest-level certification offered by Project Management Institute (PMI®). You need not be a Project Management Professional (PMP®) or a Program Management Professional (PgMP®) to go for PfMP. Rather, you can directly go for the PfMP certification. 

PfMP Certification is pursued by C-suite executives, top executives (presidents, VPs, directors), senior managers, among others. I've also seen entrepreneurs pursuing it. These roles demand strategic management and driving the strategic direction of an organization. 

Portfolio and portfolio management drive the intent, direction and progress of an organization. It’s only with portfolios you can bridge the gap between strategy and implementation. Without portfolios, it’s just fire and then forget.

Now, though PfMP certification is a fast growing one, still many aspiring PfMPs struggle to get certified. The Standard for Portfolio Management (SPfM) is not exactly an easy to understand. In addition, the senior executives don’t have much time to go through complicated concepts and wait for months or years. The cost is also substantial for PfMP preparatory courses in the marketplace. Hence, this course, which comes with a 6-months timeline and at a much lower cost.

The PfMP Live Lessons course – also called Guaranteed PfMP Course – makes the concepts very easy to understand, gives numerous examples with figures and graphical interactions with a large number of flow diagrams. It aces with a large number of practice questions. 

This course also has over 26 hours of video duration, four full-length Q&A sets (each set with 170 questions and detailed answers) as well as a large number of practice questions. In total, you’ll have over 60 hours of learning. 

Important Note: PMI checks PfMP applications thoroughly and rejections happen. I’ve seen such cases (and have enabled approval for many after modifications). This course provides complete support for the PfMP Application Form preparation, fill-up and submission. 

Here are a few of the top benefits with Guaranteed PfMP course:

• Comes with full money-back guarantee. No T&Cs except you giving the exam. You've literally nothing to lose.
• Complete support for your application fill-up, till its approval.
• A variety of practice questions so that you not only clear the PfMP exam, but also ace it. 

For top reasons to go for the PfMP Live Lessons course, refer:

• Top 10 Reasons To Go with PfMP Live Lessons, Guaranteed Pass

Top Features: Guaranteed PfMP Course (PfMP Live Lessons)

1. Total Video Duration: 26+ hours 
2. Number of Videos: 380 
3. Number of Lessons: 14 (+1) 
4. Four full-length Q&A Sets: Each with 170 Q&As 
5. Total number questions with detailed answers: 1,000+
6. Number of Smart Card Questions: 80
7. Process and ITTO Exercises (videos): 150+ 
8. End-course assessment and course completion certificate 
9. A large number of flow exercises (40+) across the lessons.
10. A large number of tips and tricks - hundreds of them throughout the course.
11. Usage of software tools such as MS Project, Primavera Portfolio Management, Primavera Risk Analysis, MS Excel etc., whenever needed. 
12. Fully compliant with the Standard for Portfolio Management (SPfM), PfMP Exam Content Outline.
13. Coverage of all advanced features in Portfolio Management: Portfolio Monte-Carlo analysis, PEF, PfEVM, Portfolio Bubble Charts, Portfolio Radar Charts, Portfolio Burndown/up charts etc.
14. Content includes PMI recommended reference books for the PfMP exam. There are quite a few reference books.
15. Complete support throughout your PfMP exam preparation, including application fill-up (till its approval).

Course Breakdown: Guaranteed PfMP Course (PfMP Live Lessons)

• Welcome (10 videos): 23m 45s [23 minutes 44 seconds]
• Lesson 1 – About the PfMP Exam (18 videos): 58m 36s
• Lesson 2 – Introduction to Portfolio and Portfolio Management (29 videos): 1h 43m 34s
• Lesson 3 – Portfolio Management and Organization (25 videos): 1h 29m 00s
• Lesson 4 – Portfolio Management Process Groups (23 videos): 1h 42m 53s
• Lesson 5 – Portfolio Strategic Management (44 videos): 2h 35m 12s
• Lesson 6 – Portfolio Governance Management (59 videos): 4h 18m 41s
• Lesson 7 – Portfolio Performance Management (48 videos): 3h 40m 49s
• Lesson 8 – Portfolio Communication Management (47 videos): 3h 33m 02s
• Lesson 9 – Portfolio Risk Management (51 videos): 4h 00m 30s
• Lesson 10 – Portfolio Management Maths and Graphs (A number of Q&As)
• Lesson 11 – Portfolio Management Flow Exercises (17 videos): 1h 37m 56s
• Lesson 12 – How to be a PMI-PfMP (A set of simple steps to be PMI-PfMP)
• Lesson 13 - Four Full-Length Question and Answer Sets (Each with 170 Q&As)
• Lesson 14 – Final Talk (2 videos): 06m 27s

The details on it this course, with information on ALL benefits, ALL features etc, are available also available at:

https://www.managementyogi.com/p/pfmp-live-lessons.html

What is Full Money-Back Guarantee for the Guaranteed PfMP course?

There are no little tricks, such as – “terms and conditions apply”, “** conditions apply”, as you would have seen in many places. What you see and read here is exactly what you will get. 

The premise is simple.

You have six months and two attempts to clear the PfMP exam. Give the exam and clear the exam. Be a PfMP. You WIN. 

If you can’t, I’ll refund your full money. You still WIN because you’ve the entire content free of cost for 6 months. You’ll also get the course completion certificate from ManagementYogi. Both of these are WINs for you.

The below video explains more on the full money-back guarantee. 

Note: You can also evaluate the videos before paying any money. Thirty (30) videos will be available for your evaluation, even before your purchase.  

Applicability and Validity

• Guides and Books: Based on the Standard for Portfolio Management, PfMP Exam Content Outline (ECO), a number of PfMP reference books
• Software Used: Multiple software – MS Project, Primavera P6 PPM, Primavera Portfolio Management, MS Excel, Primavera Risk Analysis, among others.
• Valid Date for Guarantee: 6 months or 1 year from the date of purchase
• Number of attempts: Two 
• Course Duration: 6 months or 1 year
• Price: $499 USD / Rs 44,909 (for 6 months)
                $749 USD / Rs 67,419 (for 1 year)
• Payment Link: paypal.me/managementyogi
  (Login, Send your payment to paypal account of ndsatya@gmail.com,
  Enter the amount; Invoice will be generated after payment)
  OR, you can pay via Bank Transfer or Payment. For this, please send a mail to managementyogi@gmail.com  to get the details.
• Available: From February, 2025
• Primary Format: Video 
• Course Extension: As per your need
  (Price calculation will be pro-rata)
• Status: Available
  (accessible via laptop/desktop)

Detailed Course Breakdown

The detailed course breakdown for the Guaranteed PfMP Course is shown below. It details hours of learning, number of videos and various exercise details. You can scroll to see the full content. 

You can also view the complete course index in the below link.

Complete Course Index: PfMP Live Lessons Course - Guanteed Pass

If you want to buy this course or have any questions, please send an email to managementyogi@gmail.com.

Try Before You Buy: 

[1] Complete (Sample) Video Playlist: Guaranteed PfMP Pass Videos

[2] Choose to Play a Video: Guaranteed PfMP Pass Sample Video List

PfMP Exam Prep Book (since 2023):

• PfMP Exam Prep Book - I Want To Be A PfMP, the plain and simple way 
  (has enabled many to be PfMP certified)

 

Primavera P6 Pro Live Lessons Advanced – Work Breakdown Structure (WBS) and Earned Value (EV)

Work Breakdown Structure (WBS) is a key element for project management. In program management too, you'll need a WBS - a program WBS. Earned Value (EV) and its associated measurement techniques and metrics are advanced areas to know in project (also in program and portfolio) management. Many don’t know how intricately WBS and EV work together and hence, this post. 

The content of this post is from the Primavera P6 Pro Live Lessons course. 

Work Breakdown Structure  

As noted in this article, the work breakdown structure (WBS) can be defined as:

A WBS is a hierarchical decomposition of the total scope of work to be carried out by the project team to accomplish the project objectives and create the required deliverables.

The above definition is deceptively simple, but packs a punch with information and key terms such as hierarchical structure, decomposition, deliverables and above all, meeting the project objectives. To know more, you can read the above linked article.

Coming to Primavera P6 software, the importance of WBS can’t be starker. Without WBS, you can NOT have:

• Activities added into the work packages in the right manner.
• Proper planning and tracking of your project.
• Formal control with respect to the project considering earned value.
• Cost management at the control account level, among others. 

In fact, you as the project manager should FIRST develop the WBS, and then assign activities to the WBS elements in order to perform the work!

To build the WBS, go to Project > WBS and add elements one by one. When completed along with the associated activities, it’ll come as shown below. This is taken from a live project of Primavera P6 Live Lessons course. (Click on the image to enlarge) 

As shown, we not only have the WBS Codes and WBS Names, but also the At Completion Cost and At Completion Duration for the WBS elements.

Earned Value (EV)

Earned Value is a well-known and widely used technique in all aspects of management – project or program. It’s also one of the key techniques in portfolio management. For example, in portfolio management, while managing benefits and value from the portfolio components (aggregated at the portfolio level), you can apply EV techniques. 

Earned Value is a technique integrates scope, schedule and cost and the measurement happens with respect to the performance measurement baseline (PMB) as noted in this article.  

Now, coming to Primavera P6, the first setting for earned value management will happen in the WBS window! If you’ve not done the proper settings, then your calculations with respect to earned value will be incorrect. 

WBS and Earned Value

To have proper earned value setting and hence calculation, you’ve to enable the WBS details by right clicking anywhere inside the WBS window and choosing “WBS Details”. (Click on the image to enlarge) 

This will enable WBS details in the bottom panel, if it’s not already visible. Next, to have the settings for Earned Value, go to WBS Details Pane > Earned Value tab. There you can make the setting related changes in two areas:

• Techniques for computing performance percent complete
• Techniques for computing Estimate to Complete (ETC). 

This is shown below. (Click on the image to enlarge) 

The default setting w.r.t to technique for computing performance percent complete will work with “Activity percent complete”.

The complications arise with the default setting w.r.t technique for computing ETC. 

Performance Factor (PF) and Estimate to Complete (ETC)

The relationship between PF and ETC must be well-understood before use the ETC technique. I noted the following in this elaborated article, published in 2015:

“ETC is the cost needed to complete the remaining work. It’s driven by a performance factor or performance index. Putting it into an equation, you get:

ETC = Work remaining / Performance factor

or

ETC = (Budget at Completion – Earned Value) / Performance factor

or

ETC = (BAC – EV) / Performance factor

The performance factor could be the cost performance factor or the cost performance index (CPI). It can also be a combination of CPI and schedule performance index (SPI) or a weighted combination of CPI and SPI.”

The default one used in the standard calculation for ETC is the Cost Performance Index. In this case the performance factor (PF) follows this equation.

Performance Factor = 1 / Cost Performance Index, or

PF = 1 / CPI

This setting should reflect while you manage your project with Primavera P6 software. Hence, in your project, it should come as shown below. (Click on the image to enlarge)  

Video Demonstration

The below video [duration: 03m: 27s] gives a live demonstration on the settings. Detailed explanation for earned value, its calculations and association with WBS are part of the Primavera P6 Pro Live Lessons. Plug-in your headphones and go full-HD to have a better experience. 

Conclusion

The calculations in earned value can vary based on the % complete as the above video explains. Primavera P6 gives a number of options to calculate. In order to master Primavera P6, you need to be familiar with them. 

And only with proper settings at the WBS level for earned value, you should go for earned value calculations. 

Check the Videos (Before Buying): 

[1] Complete Playlist: Primavera P6 Pro Live Lessons Sample Videos

[2] Choose to Play a Video: Primavera P6 Pro Live Lessons Sample Video List

References

[1] Primavera P6 Pro Live Lessons Online Course, by ManagementYogi.com

[2] Practical PMP with Oracle Primavera P6, by ManagementYogi.com

[3] Work Breakdown Structure (WBS) in Traditional and Agile Life Cycles with MS Project, by Satya Narayan Dash

[4] Calculating EAC and ETC for Forecasting, by Satya Narayan Dash

[5] Estimate to Complete (ETC) Calculation – Formulas for ETC (Composite), by Satya Narayan Dash

Primavera P6 Pro Live Lessons – Fundamentals of Calendars

Calendars in Primavera P6 is a very important concept, yet highly misunderstood and widely misused. When applied correctly, it brings immense value to your schedule and resource management as well as visualization in the grpahical side, e.g., Gantt Chart view. In this post, content of which is taken from Primavera P6 Pro Live Lessons course, we will learn the fundamentals of Primavera P6 Calendars. 

If you’re using the above course, calendars and associated concepts are used across the lessons in a variety of ways. Now, let’s start with the need of Calendars.

Why Calendars?

We all work within a calendar, which you may or may not realize, but it happens daily! For example, the day has a calendar – a 24-hours calendar. Projects are no different. Resources are no different either. Calendars can also be used for activities. 

Hence, you now can say calendars can be created and assigned to:

• Each project (can be within a portfolio),
• Each resource within a project (or shared across),
• Each activity within a project.

Like our day has a 24 hours calendar, similarly a project calendar will have work hours, e.g., 8 hours a day. Like we have holidays, off-days, or partial working hours, so also will be for a project and/or its resources and activities.

Calendar assignments are important to have a proper schedule management, resource management, tracking and scheduling. It’s also used in resource leveling. 

Types of Calendars

Primavera P6 software comes with three types of Calendars:

• Global Calendars: Can be applied to all projects within a portfolio or the enterprise. 
• Resource Calendars: Can be Personal Resource Calendars or Shared Resource Calendars.
• Project Calendars: Specific to the project under consideration and execution. 

Primavera P6 calls these calendars being parts of Calendar Pools. For example, the Global Calendar Pool will have calendars that apply to all projects. Similarly, Resource Calendars are informed as Resource Calendar Pools and Project Calendar is informed as a Pool of Calendars for each project.

To visualize the calendar, go to Enterprise > Calendars. This will launch the Calendar Dialog Box.

Global Calendars

As shown below, the opened Calendar dialog box has three types of Calendars and the Global is the default selected one. 

    Under Global, you’ve a number of calendars such as 5×10, 6×24, 7×24, Corporate – Standard Full Time, among others. 

As you can see, we also have our own Project Calendar, which is WebMS Project Calendar. To make it as the default calendar, double on the check box shown next. This calendar has been made global so that resources, which are enterprise specific, can inherit the properties of this calendar.

To see the content of this Calendar, click on the “Modify” highlighted button shown to the right of the above figure. 

As shown above for WebMS Project Calendar:

• Week starts from Sunday (this can be changed).
• Total work hours/day = 8 hours (this can be changed).
• Two holidays = Oct 11 and Oct 29.
• The holidays and non-working days are greyed out.
• It’s not inherited from any other calendar.

This Calendar is a Global Calendar and all Resource Calendars will inherit the properties such as holidays, partial working days, specific non-working days etc. from this Global Calendar.   

Resource Calendars

This is our next Calendar to understand. In our case, we have two resource (labor) specific calendars as shown below. Both are Personal Resource Calendars. 

Considering CatherineR – Catherine Rice Personal Resource Calendar, you can see the content by clicking on the “Modify” highlighted button shown to the right of the above figure. 

As you can see, this Resource Calendar:

• Inherits its properties such as holidays and exceptions from WebMS Project Calendar.
• The project holidays of Oct 11 and Oct 29 are also the holidays for this resource calendar.
• The daily work hours, however, have been changed to 4 hours/day. 

One can not only change the daily work hours, but also other aspects such as resource holidays, work timings (e.g., from 1:00 PM to 5:00 PM), among others.

Project Calendars

When we created the WebMS Project Calendar, it was first a Project Calendar with project specific holidays, non-working days (e.g., organization’s off days), working hours and work timing. 

I’ve made it to be a Global Calendar so that resource calendars can inherit the properties.  

To make a calendar as a Global one, use the “To Global” button highlighted above. 

Video Demonstration

For a better understanding, a video [duration: 03m approx.] related to calendars, has been made available using Primavera P6 and a live project. This video is directly taken from Primavera P6 Pro Live Lessons. Plug-in your headphones and go full-HD to have a better experience.  

Additional information has been given in the above video. Watch and listen to learn more.

Conclusion

Now, we have created the calendars, but when did you apply this Calendar to our project? 

This is a very important question. In fact, many miss this part! You’ve to apply the created Calendar to the project. This can be done by going to the Projects window > Project Details (bottom part) > Defaults tab > Calendar. Click on the image to enlarge. 

As shown above, our WebMS Project Calendar has been applied to the project.

To learn in-depth about Calendars and many tricky areas, subscribe to the course of Primavera P6 Pro Live Lessons. This course has no terms and conditions (T&Cs). You don't like the course, I'll refund your full money. 

Check the Videos (Before Buying): 

[1] Complete Playlist: Primavera P6 Pro Live Lessons Sample Videos

[2] Choose to Play a Video: Primavera P6 Pro Live Lessons Sample Video List

References:

[1] Primavera P6 Pro Live Lessons Online Course, by ManagementYogi.com

[2] Frequently Asked Questions (FAQs) – Primavera P6 Pro Live Lessons Online Course

[2] Practical PMP with Oracle Primavera P6, by ManagementYogi.com