When is it appropriate to use a predictive, plan-based approach in project management, and how do different organizational structures and activities within processes influence its suitability?

Referer to:https://knowledgemap.pm/certifications/capm/predictive-plan-based-project-management/1-explain-when-it-is-appropriate-to-use-a-predictive-plan-based-approach/

#CAPM #Certification #PredictiveApproach #ProjectManagement

#PMP Question #5379
A regulatory branch of an environmental government agency has recently placed a ban on the manufacturing of a specified thickness of plastic packaging products. This ban will take effect in 12 months. The project manager for a startup firm working in alternative packaging has been monitoring the progress of this law for a while and as part of the risk management, has identified new products that can support a growing customer base.
What should the project manager do next?
Answers:
a. Continue production processes and plan to discuss changes at the next annual target review meeting.
b. Begin a marketing campaign to sell alternative packaging after the 12-month period ends.
c. Inform management of the new law as an opportunity to expand market share and share the proposed products.
d. Organize a meeting with all stakeholders and review the stakeholder engagement plan.

Which PMI resources provide guidance on managing the contract lifecycle effectively for project professionals?

Referer to:https://knowledgemap.pm/certifications/pmi-cp/prepare-for-the-certification-exam/1-4-mange-the-contract-lifecycle-effectively/

#ContractManagement #PMICP #ProjectProcurement

November PMP Preparation Group — Updated for PMBOK® Guide 8th Edition
PMI President Pierre Le Manh announced the launch of PMBOK® Guide – 8th Edition at the Global Summit in Phoenix (November 12–15).
Therefore, our November PMP Certification Preparation Program will be non-standard and fully aligned with this transition:
- Initial sessions will be based on the current PMP ECO 2021 and PMBOK® Guide – 7th Edition.
- As soon as PMBOK® Guide – 8th Edition is released, participants will be the first to master the latest PMI concepts and practices.
- If PMI updates the Exam Content Outline during your training, we will extend the program so you are fully prepared for PMP ECO 2026.

Course Details:
- Cost: €740*
- Duration: 3+ months
- Certificate for 35 Contact Hours (PMI requirement)
- Full access to @KnowledgeMap (with future updates for PMBOK®8 and PMP ECO 2026)
- Continuous mentoring and expert guidance at every step

📅 Onboarding Session
Join our open onboarding session on November 4 at 18:00 (Kyiv time).
Add to your calendar: https://calendar.app.google/kGKtiQvqoQ87dxUB8
Join the group’s Telegram chat: https://t.me/+wwKLmLZITe42OWIy

* How to Save:
- Free training for Ukrainian veterans and active military personnel
- Flexible payment — split into 2 or 3 installments
- Early payment discount: 20% off if paid in full by November 4
- PMI Ukraine members: additional 10% discount

#PMP Question #5186
A project manager is appointed for the deployment of a new solution. The solution will be integrated into the environment by a third-party vendor. This vendor just announced a delay in delivering a key component, which will impact the project schedule.
What should the project manager do first?
Answers:
a. Ensure that relevant stakeholders and expectations are identified and assess the component delay.
b. Perform a detailed analysis of the release content for each component of the solution.
c. Propose a new design of the solution to replace the external component with an internal one.
d. Ask for expedited delivery of the component to mitigate the risk of schedule delays.