Lessons Learned Management Techniques by Elizabeth Harrin

Published: Tue, 09/26/17

For your Project Management Professional (PMP)® Exam
 Lessons Learned Management Techniques
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There is no doubt in my mind that you have heard the term lessons learned before.

It is mentioned extensively throughout A Guide to the Project Management Body of Knowledge, (PMBOK® Guide), I teach it as part of my PMP training lessons and my favorite search engine gives me over 51,000 results for the search term “lessons learned in project management”. In fact, as an experienced project manager you have probably participated or even chaired one or two lessons learned meetings yourself on your own projects.

But let’s consider the bigger picture around lessons learned. What process do we follow? What management techniques are there for lessons learned? Are all documented lessons learned equally valuable?

These questions need answers. And so I’m happy to welcome Elizabeth Harrin who has the answers for us!
 
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Sample Question and Answer
You are managing a bridge construction project. You have completed half of the project work. The total planned cost at this stage is $500. The actual physical work that has been completed at this stage is worth $400. You have already spent $1,000 on the project. What is the CPI?

A. 0.5
B. 4
C. 0.4
D. 1

HINT: CPI is the Cost Performance Index.
Get the correct answer here...
 
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Can someone clear up a couple things for me?
Let's help our forum member answer this question below:
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1. Having a hard time comprehending the difference with validate scope and close project/phase with verifying the project and product scope. Which belongs to which.

2. I've seen several procurements questions where a seller tries to bribe you and the answer is either decline the offer and reject their bid or decline the offer but they are still allowed to bid. Which one takes precedence.

Joint the forum discussion now...
 
Finding the Best Answer to Project Management Professional (PMP)® Exam Sample Questions
The PMP® Exam is not an easy exam. You have to find the correct answer to 200 multiple choice questions within 4 hours. That's just 1.2 minutes for each. And sometimes it looks like more than one of them are correct.

In this free episode of The PM PrepCast we discuss 2 concepts and 4 techniques of how to approach questions and finding the "best" answer. This episode is a good example of a series of episodes in which we discuss study tips and tricks. We empower you.
 
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Student Profile: Annette Hackenberg, PMP
"Reading the official PMP Handbook is essential to understanding all of the key requirements and project management principles and terminology.

While I have found that “real life” project management does not reflect the PMP principles and processes exactly, it is very important to learn this information as a framework for successful project management. 

I passed the PMP exam in September on my first try. Keys to my success involved the following..."
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