## PMP Exam ITTO Trainer Tool

PMP ITTO: Remembering the PMBOK Inputs, Tools and Techniques, and Outputs (ITTOs) is probably the most dreaded part of PMP Certification Exam preparation. Whether one needs to memorize the ITTOs or understand is always open to debate. Regardless of the right approach, we all know that PMP exam does have 7-10 questions related to ITTOs. Therefore, it's advisable to do some practice on ITTO related questions for the exam.

##### Update: Worried about ITTOs for the PMP exam?
Check out BrainBOK - World's best ITTO Tool for PMP and CAPM

## Determination Precedes Termination

I came across this catchy tagline - Determination Precedes Termination - in a news articles recently. It immediately prompted me to write about Project Termination - a topic on the PMP Exam. So in this article, we'll review various reasons for Project Termination.
According to the PMBOK Guide, Fourth Edition, a project is a temporary endeavor undertaken to create a unique product, service, or result. The temporary nature of projects indicates a definite beginning and end. The end is reached when a project's objectives have been achieved or when the project is terminated because its objectives will not or cannot be met, or when the need for the project no longer exists.

## Which is the Best Conflict Resolution Technique?

Conflict management is one of the most challenging responsibilities for Project Managers. Their success depends a great deal on their ability to resolve conflicts. The PMBOK Guide Fourth Edition lists six different conflict resolution techniques:

• Withdrawing (or Avoiding)
• Smoothing (or Accommodating)
• Compromising
• Forcing
• Collaborating
• Confronting (or Problem Solving)

## Point of Total Assumption (PTA) - Interesting Facts (PMP)

Point of Total Assumption (Part 4): In this article, we'll learn some interesting facts about Point of Total Assumption (PTA) by working through some numerical problems. Before you read further, I suggest you review the PTA Formula.

#### Formula for Point of Total Assumption (PTA)

PTA = (Ceiling Price - Target Price) / BSR + Target Cost

## Derivation of Point of Total Assumption (PTA) Formula

Point of Total Assumption (Part 3): In this post, we'll look at the formula for Point of Total Assumption (PTA) and learn how the formula is derived. This will help you understand the PTA concept in a way that you would never feel the need to memorize its formula again! Before you read further, I suggest you read The Point Behind Point of Total Assumption in FPIF Contracts, if you haven't already done so.

There is an ancient Chinese proverb, which says -
Give a man a fish and you feed him for a day. Teach a man to fish and you feed him for a lifetime.

I apply the same principle to the formulas for the PMP Exam. I say -
Memorize the formula and pass the exam. Understand the formula and pass the challenges of a real project.

## Daily Nuggets Archive - Oct 2009

Here's the archive of Daily Nuggets for Oct 2009.