Commonly Confused Concepts

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Harwinder

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Feb 25, 2011, 8:39:34 AM2/25/11
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Hello everyone,

I need your help. I'm preparing some material on the topic "Commonly
Confused Concepts" (for PMP /CAPM exams). I need your help in
suggesting concepts that people often get confused with. I'll start
with a few examples:

1. Crashing vs Fast tracking
2. Free Float vs Total Float

Please continue adding to this list. You don't need to provide
answers. My target is to have 50 such pairs. If we can come up with 50
pairs, it would become a great asset for people preparing for PMP /
CAPM certifications.

Thanks for your help. Over to you ...

Regards,
Harwinder
PMP Certification Blog: http://www.deepfriedbrainpmp.com
PMP and CAPM Prep Tools: http://www.brainbok.com

Huzefa Khairullah

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Feb 26, 2011, 3:09:56 AM2/26/11
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Hi,

Distribute Information vs. Report Performance

Thanks for yet another good initiative!

Huzefa


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setty sree

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Feb 26, 2011, 4:38:59 AM2/26/11
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Configuration control Vs Chage Control


 
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Thanks & Regards,
Sreelatha ITIL®,PMP®

Harwinder

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Feb 26, 2011, 5:44:15 AM2/26/11
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Awesome, Huzefa and Sreelatha.

Here's another from my side:

Quality Assurance vs Quality Control

Let's keep the ball rolling.

Regards,
Harwinder
PMP Certification Blog: http://www.deepfriedbrainpmp.com
PMP and CAPM Prep Tools: http://www.brainbok.com

On Feb 26, 5:38 pm, setty sree <sree.se...@gmail.com> wrote:
> Configuration control Vs Chage Control
>

setty sree

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Feb 26, 2011, 7:01:20 AM2/26/11
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Here are a few more which I oftenly get confused.
 
common cause vs special cause
duration vs effort
oppurtunity vs threat
product vs result
total float vs free float
work package vs control account
budget vs estimate
control limit vs specification limit
master schedule vs milestone schedule
schedule model vs project model
project scope vs product scope
resource loading vs resource levelling
verification vs validation

Harwinder

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Feb 26, 2011, 7:09:56 AM2/26/11
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Great going !!

A tip to get everyone to pitch in ..

Open the PMBOK Guide (4th ed) and search for terms "see also" and
"contrast with". It will give you lots of hints. But don't limit
yourself to what's in the guide. Remember that everything that you
need to know for the exam is "not" there in the PMBOK Guide. For
example, here is one that you won't find in the Guide.

Power vs Authority

Regards,
Harwinder
PMP Certification Blog: http://www.deepfriedbrainpmp.com
PMP and CAPM Prep Tools: http://www.brainbok.com

On Feb 26, 8:01 pm, setty sree <sree.se...@gmail.com> wrote:
> Here are a few more which I oftenly get confused.
>
> common cause vs special cause
> duration vs effort
> oppurtunity vs threat
> product vs result
> total float vs free float
> work package vs control account
> budget vs estimate
> control limit vs specification limit
> master schedule vs milestone schedule
> schedule model vs project model
> project scope vs product scope
> resource loading vs resource levelling
> verification vs validation

rishiraj

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Feb 26, 2011, 7:18:44 AM2/26/11
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Hi,
Verify scope Vs Control scope

Rgds
Rishi Raj

--
Sent from my mobile device

Rishi Raj

Treat Others The Way You Want To Be Treated!!!

Andrey Gorshkov

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Feb 26, 2011, 8:28:23 AM2/26/11
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Product Scope vs Project Scope

-- 
Andrey Gorshkov
Sent with Sparrow

Harwinder

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Feb 26, 2011, 8:36:14 AM2/26/11
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Very good. This is getting really interesting. Here's an elementary
one from my side:

Tool vs Technique


We have already got 21, and 50 is definitely achievable. I'm
summarizing the ones we got so far:

Crashing vs Fast tracking
Free Float vs Total Float
Distribute Information vs Report Performance
Configuration Control vs Change Control
Quality Assurance vs Quality Control
common cause vs special cause
duration vs effort
oppurtunity vs threat
product vs result
total float vs free float
work package vs control account
budget vs estimate
control limit vs specification limit
master schedule vs milestone schedule
schedule model vs project model
project scope vs product scope
resource loading vs resource leveling
verification vs validation
Power vs Authority
Verify scope vs Control scope
Tool vs Technique


Regards,
Harwinder
PMP Certification Blog: http://www.deepfriedbrainpmp.com
PMP and CAPM Prep Tools: http://www.brainbok.com

On Feb 26, 8:18 pm, rishiraj <itman...@gmail.com> wrote:
> Hi,
> Verify scope Vs Control scope
>
> Rgds
> Rishi Raj
>
> On 2/26/11, setty sree <sree.se...@gmail.com> wrote:
>
>
>
>
>
>
>
>
>
> > Here are a few more which I oftenly get confused.
>
> > common cause vs special cause
> > duration vs effort
> > oppurtunity vs threat
> > product vs result
> > total float vs free float
> > work package vs control account
> > budget vs estimate
> > control limit vs specification limit
> > master schedule vs milestone schedule
> > schedule model vs project model
> > project scope vs product scope
> > resource loading vs resource levelling
> > verification vs validation
> > On Sat, Feb 26, 2011 at 4:14 PM, Harwinder
> > <harwinder.bha...@gmail.com>wrote:

Suhin.Rasheed

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Feb 26, 2011, 8:52:43 AM2/26/11
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Project Lifecycle vs Product Lifecycle

Regards,
Suhin

Sent from my iPad

Harwinder

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Feb 26, 2011, 8:44:15 AM2/26/11
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Good try, Andrey. We have that covered now. There are no invalid
responses. Whatever confuses you should be on the list. Keep going.

Regards,
Harwinder
PMP Certification Blog: http://www.deepfriedbrainpmp.com
PMP and CAPM Prep Tools: http://www.brainbok.com


On Feb 26, 9:28 pm, Andrey Gorshkov <agorsh...@gmail.com> wrote:
> Product Scope vs Project Scope
>
> --
> Andrey Gorshkov
> Sent with Sparrow
> On суббота, 26 февраля 2011 г. at 15:18, rishiraj wrote:
>
>
>
>
>
>
>
> > Hi,
> > Verify scope Vs Control scope
>
> > Rgds
> > Rishi Raj
>
> > On 2/26/11, setty sree <sree.se...@gmail.com> wrote:
> > > Here are a few more which I oftenly get confused.
>
> > > common cause vs special cause
> > > duration vs effort
> > > oppurtunity vs threat
> > > product vs result
> > > total float vs free float
> > > work package vs control account
> > > budget vs estimate
> > > control limit vs specification limit
> > > master schedule vs milestone schedule
> > > schedule model vs project model
> > > project scope vs product scope
> > > resource loading vs resource levelling
> > > verification vs validation
> > > On Sat, Feb 26, 2011 at 4:14 PM, Harwinder
> > > <harwinder.bha...@gmail.com>wrote:

Harwinder

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Feb 26, 2011, 8:47:09 AM2/26/11
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Great one, Suhin. The score is 22 now.

Crashing vs Fast tracking
Free Float vs Total Float
Distribute Information vs Report Performance
Configuration Control vs Change Control
Quality Assurance vs Quality Control
common cause vs special cause
duration vs effort
Opportunity vs Threat
Product vs Result
total float vs free float
work package vs control account
budget vs estimate
control limit vs specification limit
master schedule vs milestone schedule
schedule model vs project model
project scope vs product scope
resource loading vs resource leveling
verification vs validation
Power vs Authority
Verify scope vs Control scope
Tool vs Technique
Project Lifecycle vs Product Lifecycle

Regards,
Harwinder
PMP Certification Blog: http://www.deepfriedbrainpmp.com
PMP and CAPM Prep Tools: http://www.brainbok.com



On Feb 26, 9:52 pm, "Suhin.Rasheed" <suhin.rash...@gmail.com> wrote:
> Project Lifecycle vs Product Lifecycle
>
> Regards,
> Suhin
>
> Sent from my iPad
>
> On Feb 26, 2011, at 5:28 PM, Andrey Gorshkov <agorsh...@gmail.com> wrote:
>
>
>
>
>
>
>
> > Product Scope vs Project Scope
>
> > --
> > Andrey Gorshkov
> > Sent with Sparrow
> > On суббота, 26 февраля 2011 г. at 15:18, rishiraj wrote:
>
> >> Hi,
> >> Verify scope Vs Control scope
>
> >> Rgds
> >> Rishi Raj
>
> >> On 2/26/11, setty sree <sree.se...@gmail.com> wrote:
> >>> Here are a few more which I oftenly get confused.
>
> >>> common cause vs special cause
> >>> duration vs effort
> >>> oppurtunity vs threat
> >>> product vs result
> >>> total float vs free float
> >>> work package vs control account
> >>> budget vs estimate
> >>> control limit vs specification limit
> >>> master schedule vs milestone schedule
> >>> schedule model vs project model
> >>> project scope vs product scope
> >>> resource loading vs resource levelling
> >>> verification vs validation
> >>> On Sat, Feb 26, 2011 at 4:14 PM, Harwinder
> >>> <harwinder.bha...@gmail.com>wrote:
> >> For more options, visit this group athttp://groups.google.com/group/pmp-cert-online-study-group?hl=en.

Suhin.Rasheed

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Feb 26, 2011, 9:04:38 AM2/26/11
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Thanks Harwinder.creating a list of 50 is not a big deal.
One more you can add is Activity List vs Activity Attributes

Or say Workpackages Vs activities

Regards,
Suhin

Sent from my iPad

Avvaru Pradeep Kumar

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Feb 26, 2011, 9:04:19 AM2/26/11
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planned vs actual vs earned
Pradeep Kumar Avvaru | Senior Planning Engineer | Gulf Contracting Co.W.L.L |
PO No 3886 | Doha | State of Qatar | Ph : +974 - 33076739
E-mail avvaru...@gmail.com |  www.gulfcontracting.com

P Please don't print this e-mail unless you really need to.


premve...@yahoo.com

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Feb 26, 2011, 9:08:49 AM2/26/11
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Would like to add one more...perform integrated change control system Vs contract change control system.
Sent on my BlackBerry® from Vodafone

Harwinder

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Feb 26, 2011, 9:16:31 AM2/26/11
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Yes, Suhin. 50 looks quite reasonable now, and we don't have to stop
at that. I'll add 1 more on the same lines:

Planning Package vs Control Account

Here's sorted list (24):

Activity Attributes vs Activity List
Activity vs Work Package
Authority vs Power
Budget vs Estimate
Change Control vs Configuration Control
Common Cause vs Special Cause
Control Account vs Planning Package
Control Account vs Work Package
Control Limit vs Specification Limit
Control Scope vs Verify Scope
Crashing vs Fast tracking
Distribute Information vs Report Performance
Duration vs Effort
Free Float vs Total Float
Master Schedule vs Milestone Schedule
Opportunity vs Threat
Product Lifecycle vs Project Lifecycle
Product Scope vs Project Scope
Product vs Result
Project Model vs Schedule model
Quality Assurance vs Quality Control
Resource Leveling vs Resource Loading
Tool vs Technique
Validation vs Verification

Regards,
Harwinder
PMP Certification Blog: http://www.deepfriedbrainpmp.com
PMP and CAPM Prep Tools: http://www.brainbok.com


On Feb 26, 10:04 pm, "Suhin.Rasheed" <suhin.rash...@gmail.com> wrote:
> Thanks Harwinder.creating a list of 50 is not a big deal.
> One more you can add is Activity List vs Activity Attributes
>
> Or say Workpackages Vs activities
>
> Regards,
> Suhin
>
> Sent from my iPad
>

setty sree

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Feb 26, 2011, 9:18:06 AM2/26/11
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Here is another one
Corrective vs. Preventative Action

Harwinder

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Feb 26, 2011, 9:30:37 AM2/26/11
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Hello Pradeep,

Can I breakdown yours into two?

Planned vs Actual
Planned Value vs Earned Value

Or you may suggest something even better that that.

Regards,
Harwinder
PMP Certification Blog: http://www.deepfriedbrainpmp.com
PMP and CAPM Prep Tools: http://www.brainbok.com

On Feb 26, 10:04 pm, Avvaru Pradeep Kumar <avvaruprad...@gmail.com>
wrote:
> planned vs actual vs earned
>
> On Sat, Feb 26, 2011 at 5:04 PM, Suhin.Rasheed <suhin.rash...@gmail.com>wrote:
>
>
>
>
>
>
>
>
>
> > Thanks Harwinder.creating a list of 50 is not a big deal.
> > One more you can add is Activity List vs Activity Attributes
>
> > Or say Workpackages Vs activities
>
> > Regards,
> > Suhin
>
> > Sent from my iPad
>
> > >>>>>>> Sreelatha ITIL(R),PMP(R)
>
> > >>>>>> --
> > >>>>>> You received this message because you are subscribed to the Google
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>
> > >>>>> --
> > >>>>> Thanks & Regards,
> > >>>>> Sreelatha ITIL(R),PMP(R)
> > > --
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>
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>
> --
> *Pradeep Kumar Avvaru *| Senior Planning Engineer | Gulf Contracting
> Co.W.L.L |
> PO No 3886 | Doha | State of Qatar | Ph : +974 - 33076739
> E-mail avvaruprad...@gmail.com <nagarajparvatan...@gmail.com> |www.gulfcontracting.com<http://www.hbkholding.com/>
>
> P* Please don't print this e-mail unless you really need to.*

Harwinder

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Feb 26, 2011, 9:38:23 AM2/26/11
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Hello Prem,

We'll have to refine that somewhat because we have Perform Integrated
Change Control, Change Control System, Contract Change Control System,
but there's nothing called "Perform Integrated Change Control System".
So, can we change it into 2 entries:

Perform Integrated Change Control vs Change Control System
Change Control System vs Contract Change Control System

Or you may suggest a better way to put it.

I'm sure we'll have to re-look at the entire list at the end and
refine it further anyway.

Regards,
Harwinder
PMP Certification Blog: http://www.deepfriedbrainpmp.com
PMP and CAPM Prep Tools: http://www.brainbok.com

Avvaru Pradeep Kumar

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Feb 26, 2011, 9:52:31 AM2/26/11
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Hi Harwinder,

Planned Value vs Earned Value
Earned Value vs Actual Value
Pradeep Kumar Avvaru | Senior Planning Engineer | Gulf Contracting Co.W.L.L |
PO No 3886 | Doha | State of Qatar | Ph : +974 - 33076739

P Please don't print this e-mail unless you really need to.


Avvaru Pradeep Kumar

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Feb 26, 2011, 9:55:25 AM2/26/11
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another one

Gantt chart vs Tracking Gantt

Avvaru Pradeep Kumar

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Feb 26, 2011, 9:58:29 AM2/26/11
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One more

Forward Pass (Early Dates) vs Backward Pass (Late Dates)

Avvaru Pradeep Kumar

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Feb 26, 2011, 10:01:42 AM2/26/11
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Log vs Lag
Hammock vs WBS
Resources vs Roles

2011/2/26 Avvaru Pradeep Kumar <avvaru...@gmail.com>

rishiraj

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Feb 26, 2011, 11:22:02 AM2/26/11
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Hi,
Verify scope Vs Control scope

Rgds
Rishi Raj

--

Harwinder

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Feb 26, 2011, 10:55:46 AM2/26/11
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Hello Pradeep,

Those are really good pointers. I will do the following:

- add Planned Value vs Earned Value,
- change "Earned Value vs Actual Value" -> "Earned Value vs Actual
Cost" because I'm not sure there's such a concept as "Actual Value" in
EVM.
- add Forward Pass vs Backward Pass.
- add Gantt chart vs Tracking Gantt
- change Log vs Lag -> Lead vs Lag, unless someone seconds "Log vs
Lag" also.
- put Hammock vs WBS on stand-by. Probably someone can help refine it
- change Resources vs Roles -> Role vs Responsibility


Here's the updated list (33) including "Corrective vs Preventive
action" from Sreelatha:

Activity Attributes vs Activity List
Activity vs Work Package
Authority vs Power
Budget vs Estimate
Change Control System vs Contract Change Control System
Change Control vs Perform Integrated Change Control
Change Control vs Configuration Control
Common Cause vs Special Cause
Control Account vs Planning Package
Control Account vs Work Package
Control Limit vs Specification Limit
Control Scope vs Verify Scope
Corrective Action vs Preventive Action
Crashing vs Fast tracking
Distribute Information vs Report Performance
Duration vs Effort
Earned Value vs Actual Cost
Earned Value vs Planned Value
Forward Pass vs Backward Pass
Free Float vs Total Float
Gantt Chart vs Tracking Gantt
Lead vs Lag
Master Schedule vs Milestone Schedule
Opportunity vs Threat
Product Lifecycle vs Project Lifecycle
Product Scope vs Project Scope
Product vs Result
Project Model vs Schedule model
Quality Assurance vs Quality Control
Resource Leveling vs Resource Loading
Responsibility vs Role
Tool vs Technique
Validation vs Verification


Regards,
Harwinder
PMP Certification Blog: http://www.deepfriedbrainpmp.com
PMP and CAPM Prep Tools: http://www.brainbok.com

On Feb 26, 11:01 pm, Avvaru Pradeep Kumar <avvaruprad...@gmail.com>
wrote:
> Log vs Lag
> Hammock vs WBS
> Resources vs Roles
>
> 2011/2/26 Avvaru Pradeep Kumar <avvaruprad...@gmail.com>
>
>
>
>
>
>
>
> > One more
>
> > Forward Pass (Early Dates) vs Backward Pass (Late Dates)
>
> > On Sat, Feb 26, 2011 at 5:55 PM, Avvaru Pradeep Kumar <
> > avvaruprad...@gmail.com> wrote:
>
> >> another one
>
> >> Gantt chart vs Tracking Gantt
>
> >> On Sat, Feb 26, 2011 at 5:52 PM, Avvaru Pradeep Kumar <
> >> avvaruprad...@gmail.com> wrote:
>
> >>> Hi Harwinder,
>
> >>> Planned Value vs Earned Value
> >>> Earned Value vs Actual Value
>
> ...
>
> read more >>

Inder

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Feb 26, 2011, 12:49:12 PM2/26/11
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Project Coordinator vs Project Expediter.
Validated Deliverable vs Accepted Deliverable.
Contingency Buffer vs Feeding Buffer.
Project Team vs Project Management Team.
Functional Organization vs Projectized Organization.

- Inder

Sreeni

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Feb 26, 2011, 7:20:55 PM2/26/11
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Residual Risk Vs Secondary Risk
Contingency Reserve vs Management Reserve
> ...
>
> read more >>

Harwinder

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Feb 26, 2011, 9:22:55 PM2/26/11
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Excellent, Inder !! I'll add all of these to the list.

Regards,
Harwinder
PMP Certification Blog: http://www.deepfriedbrainpmp.com
PMP and CAPM Prep Tools: http://www.brainbok.com

Harwinder

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Feb 26, 2011, 10:15:38 PM2/26/11
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We have 38 on the list already. I have 15 more which are not on the
list yet that I'll post them after a few more responses. So, we have
already crossed 50. But, please do not stop here. Let's continue and
expand it. At the same time, we need to keep the list relevant and not
start including every possible permutation and combination. I think 70
looks like a more reasonable target now.

Here's the updated list (38):

Accepted Deliverable vs Validated Deliverable
Activity Attributes vs Activity List 
Activity vs Work Package 
Authority vs Power 
Budget vs Estimate 
Change Control System vs Contract Change Control System 
Change Control vs Configuration Control 
Change Control vs Perform Integrated Change Control 
Common Cause vs Special Cause 
Contingency Buffer vs Feeding Buffer
Control Account vs Planning Package 
Control Account vs Work Package 
Control Limit vs Specification Limit 
Control Scope vs Verify Scope 
Corrective Action vs Preventive Action 
Crashing vs Fast tracking 
Distribute Information vs Report Performance 
Duration vs Effort 
Earned Value vs Actual Cost 
Earned Value vs Planned Value 
Forward Pass vs Backward Pass 
Free Float vs Total Float 
Functional Organization vs Projectized Organization
Gantt Chart vs Tracking Gantt 
Lead vs Lag 
Master Schedule vs Milestone Schedule 
Opportunity vs Threat 
Product Lifecycle vs Project Lifecycle 
Product Scope vs Project Scope 
Product vs Result 
Project Coordinator vs Project Expediter
Project Model vs Schedule model 
Project Team vs Project Management Team
Quality Assurance vs Quality Control 
Resource Leveling vs Resource Loading 
Responsibility vs Role 
Tool vs Technique 
Validation vs Verification 

Regards,
Harwinder
PMP Certification Blog: http://www.deepfriedbrainpmp.com
PMP and CAPM Exam Prep: http://www.brainbok.com

On Feb 27, 1:49 am, Inder <ikchen...@gmail.com> wrote:

Harwinder

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Feb 26, 2011, 10:21:04 PM2/26/11
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Fantastic, Sreeni. I was just thinking that nobody has looked at the
risk management side, specially because I had covered some of these
terms on one of the blog posts. I'll add one more to your list on
similar lines:

Business Risk vs Insurable/Pure Risk


Here's the updated list (41):

Accepted Deliverable vs Validated Deliverable
Activity Attributes vs Activity List
Activity vs Work Package
Authority vs Power
Budget vs Estimate
Business Risk vs Insurable/Pure Risk
Change Control System vs Contract Change Control System
Change Control vs Configuration Control
Change Control vs Perform Integrated Change Control
Common Cause vs Special Cause
Contingency Buffer vs Feeding Buffer
Contingency Reserve vs Management Reserve
Control Account vs Planning Package
Control Account vs Work Package
Control Limit vs Specification Limit
Control Scope vs Verify Scope
Corrective Action vs Preventive Action
Crashing vs Fast tracking
Distribute Information vs Report Performance
Duration vs Effort
Earned Value vs Actual Cost
Earned Value vs Planned Value
Forward Pass vs Backward Pass
Free Float vs Total Float
Functional Organization vs Projectized Organization
Gantt Chart vs Tracking Gantt
Lead vs Lag
Master Schedule vs Milestone Schedule
Opportunity vs Threat
Product Lifecycle vs Project Lifecycle
Product Scope vs Project Scope
Product vs Result
Project Coordinator vs Project Expediter
Project Model vs Schedule model
Project Team vs Project Management Team
Quality Assurance vs Quality Control
Residual Risk vs Secondary Risk
Resource Leveling vs Resource Loading
Responsibility vs Role
Tool vs Technique
Validation vs Verification


Regards,
Harwinder
PMP Certification Blog: http://www.deepfriedbrainpmp.com
PMP and CAPM Prep Tools: http://www.brainbok.com

> ...
>
> read more >>

Bharat

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Feb 26, 2011, 10:53:47 PM2/26/11
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If you want to add:

Project/Administrator Closure vs Contract Closure

Thanks & Regards,
Bharat Kothari, PMP
> ...
>
> read more >>

Harwinder

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Feb 26, 2011, 11:11:55 PM2/26/11
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Superb, Bharat.

Updated list (42):

Accepted Deliverable vs Validated Deliverable
Activity Attributes vs Activity List
Activity vs Work Package
Administrative/Project Closure vs Contract Closure
Authority vs Power
Budget vs Estimate
Business Risk vs Insurable/Pure Risk
Change Control System vs Contract Change Control System
Change Control vs Configuration Control
Change Control vs Perform Integrated Change Control
Common Cause vs Special Cause
Contingency Buffer vs Feeding Buffer
Contingency Reserve vs Management Reserve
Control Account vs Planning Package
Control Account vs Work Package
Control Limit vs Specification Limit
Control Scope vs Verify Scope
Corrective Action vs Preventive Action
Crashing vs Fast tracking
Distribute Information vs Report Performance
Duration vs Effort
Earned Value vs Actual Cost
Earned Value vs Planned Value
Forward Pass vs Backward Pass
Free Float vs Total Float
Functional Organization vs Projectized Organization
Gantt Chart vs Tracking Gantt
Lead vs Lag
Master Schedule vs Milestone Schedule
Opportunity vs Threat
Product Lifecycle vs Project Lifecycle
Product Scope vs Project Scope
Product vs Result
Project Coordinator vs Project Expediter
Project Model vs Schedule model
Project Team vs Project Management Team
Quality Assurance vs Quality Control
Residual Risk vs Secondary Risk
Resource Leveling vs Resource Loading
Responsibility vs Role
Tool vs Technique
Validation vs Verification

Regards,
Harwinder
PMP Certification Blog: http://www.deepfriedbrainpmp.com
PMP and CAPM Prep Tools: http://www.brainbok.com


> ...
>
> read more >>

imran Ullah baryar

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Feb 27, 2011, 2:06:41 AM2/27/11
to PMP Cert Online Study Group
Here are few from my side,

Quality vs Grade
Accuracy vs Precision

Thanks

Imran

Omar

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Feb 27, 2011, 6:46:09 AM2/27/11
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Hi!

I had made a list and submitted but for some reason it didn't post. So
here I am posting it again.

Good job. Keep it up. I have the following in mind.

Risk Tolerance vs. Risk Threshold
Stakeholder vs Stockholder vs Shareholder
Histogram vs Pareto Chart
Analogous vs Parametric Estimating
Project Scope Statement vs. Statement of Work
Value Analysis vs. System Analysis
Earned Value Management (EVM) vs. Expected Monetary Value (EMV)
Qualititative vs. Quantitative Risk Analysis
Variance Analysis vs. Value Analysis
Benefit/Cost Ratio vs. Cost/ Benefit Ratio
Team Performance Assessment vs Project Performance Appraisal
Fixed Price Incentive Fee Contracts (FPIF) vs Cost Plus Incentive Fee
(CPIF)
Firm Fixed Price Contracts (FFP) vs Cost Plus Fixed Fee Contracts
(CPFF)
Decomposition vs WBS
Expliot vs Enhance
Contingency Reserve vs Management Reserve
Project Documents vs Project Management Plan Documents

Thanks
Omar, PMP

Harwinder

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Feb 27, 2011, 9:10:17 PM2/27/11
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Imran, those are real classics!

Here's another from Sreelatha that I received in the email:

Progressive Elaboration vs Rolling Wave Planning

Regards,
Harwinder
PMP Certification Blog: http://www.deepfriedbrainpmp.com
PMP and CAPM Prep Tools: http://www.brainbok.com

Harwinder

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Feb 27, 2011, 9:23:36 PM2/27/11
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Wow, Omar. This is sensational stuff. We have already crossed 60 and
with another 10 or so on my list, we have surely got 70 on our hands.
I think this list, even without the answers, is going to be a great
asset for all PMP and CAPM aspirants for years to come.

Do we have anything more to add before we move on?

Accepted Deliverable vs Validated Deliverable
Accuracy vs Precision
Activity Attributes vs Activity List
Activity vs Work Package
Administrative/Project Closure vs Contract Closure
Analogous Estimating vs Parametric Estimating
Authority vs Power
Benefit/Cost Ratio vs Cost/Benefit Ratio
Budget vs Estimate
Business Risk vs Insurable/Pure Risk
Change Control System vs Contract Change Control System
Change Control vs Configuration Control
Change Control vs Perform Integrated Change Control
Common Cause vs Special Cause
Contingency Buffer vs Feeding Buffer
Contingency Reserve vs Management Reserve
Control Account vs Planning Package
Control Account vs Work Package
Control Limit vs Specification Limit
Control Scope vs Verify Scope
Corrective Action vs Preventive Action
Cost Plus Fixed Fee Contracts (CPFF) and Firm Fixed Price Contracts
(FFP)
Cost Plus Incentive Fee (CPIF) Contracts vs Fixed Price Incentive Fee
(FPIF) Contracts
Crashing vs Fast tracking
Decomposition vs Create Work Breakdown Structure (WBS)
Distribute Information vs Report Performance
Duration vs Effort
Earned Value Management (EVM) vs Expected Monetary Value (EMV)
Earned Value vs Actual Cost
Earned Value vs Planned Value
Enhance vs Exploit
Forward Pass vs Backward Pass
Free Float vs Total Float
Functional Organization vs Projectized Organization
Gantt Chart vs Tracking Gantt
Grade vs Quality
Histogram vs Pareto Chart
Lead vs Lag
Master Schedule vs Milestone Schedule
Opportunity vs Threat
Product Lifecycle vs Project Lifecycle
Product Scope vs Project Scope
Product vs Result
Progressive Elaboration vs Rolling Wave Planning
Project Coordinator vs Project Expediter
Project Documents vs Project Management Plan Documents
Project Model vs Schedule model
Project Performance Appraisal vs Team Performance Assessment
Project Scope Statement vs Statement of Work
Project Team vs Project Management Team
Qualititative Risk Analysis vs Quantitative Risk Analysis
Quality Assurance vs Quality Control
Residual Risk vs Secondary Risk
Resource Leveling vs Resource Loading
Responsibility vs Role
Risk Threshold vs Risk Tolerance
Stakeholder vs Shareholder
Tool vs Technique
Validation vs Verification
Value Analysis vs System Analysis
Value Analysis vs Variance Analysis

Regards,
Harwinder
PMP Certification Blog: http://www.deepfriedbrainpmp.com
PMP and CAPM Prep Tools: http://www.brainbok.com

Huzefa Khairullah

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Feb 28, 2011, 9:55:34 AM2/28/11
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Hi Harwinder,

Just my 20p worth on this list. Firstly, thanks for making this unique effort. But.....

The true value of such a list would emerge only if it contains really confusing pairs. We are not here making a study list, are we? I mean, things like Earned Value vs Actual Cost are surely not confusing to some people, are they? Or take Crashing vs Fast tracking as an even better example.

I suggest that you, as an expert, and a couple of others, if somebody volunteers, accept all entries, but prune them to a much smaller, tighter list. To me personally, that would add tremendous value.

Thanks and regards

Huzefa

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Harwinder

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Feb 28, 2011, 10:49:58 AM2/28/11
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Hello Huzefa,

That's a great feedback.

1. First of all, I agree with you and was planning to do what you
suggested to some extent. I don't plan to address all the items. The
next step is to shortlist them.

2. However, as a good brainstorming practice, I didn't want to start
filtering the ideas while people were still thinking. That would have
discouraged them from thinking further. I wanted to collect all the
ideas first and then start analyzing them. We haven't come to the
analysis stage yet.

3. Looking at the list I see merit in lot of the items. My plan is to
shortlist this to about 20-25 real "commonly" confused items. There
are about 10 which are already addressed on my blog through separate
posts or comments. But I want to consolidate everything into 1 or 2
pages.

4. I don't want to lose this list also. I think it can serve as a good
"checklist" for anybody studying for the PMP or CAPM exam. I'll be
definitely posting this on the blog but under a different title,
though even this will need some cleanup job.

It's a great example of good team work. I could have never come up
with such a list in such a short span of time. The response from so
many individuals has encouraged me to start thinking seriously about
my next project, which will require even more participating from the
forum members. I'll talk about it in a separate thread.

Thanks again for your awesome feedback.

Regards,
Harwinder
PMP Certification Blog: http://www.deepfriedbrainpmp.com
PMP and CAPM Prep Tools: http://www.brainbok.com

On Feb 28, 10:55 pm, Huzefa Khairullah <huz...@gmail.com> wrote:
> Hi Harwinder,
>
> Just my 20p worth on this list. Firstly, thanks for making this unique
> effort. But.....
>
> The true value of such a list would emerge only if it contains *really
> *confusing
> pairs. We are not here making a study list, are we? I mean, things like
> Earned Value vs Actual Cost are surely not confusing to some people, are
> they? Or take Crashing vs Fast tracking as an even better example.
>
> I suggest that you, as an expert, and a couple of others, if somebody
> volunteers, accept all entries, but prune them to a much smaller, tighter
> list. To me personally, *that *would add tremendous value.
>
> Thanks and regards
>
> Huzefa

Harwinder

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Feb 28, 2011, 10:55:47 AM2/28/11
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Hello everyone,

Here's the final call for this exercise. If you have other items which
aren't already on the list, please send them in ASAP. Here are the
remaining items I had on my list:

Accountability vs Responsibility
Code of Account vs Control Account
Product/Result vs Deliverable
Estimate at Completion vs Estimate to Complete
Logical Relationship vs Precedence Relationship
Project Calendar vs Resource Calendar
Project Schedule vs Schedule Model
Critical Path Method vs Critical Chain Method
Subproject vs Subnetwork
Product Quality vs Project Quality
Close Project vs Close Phase

I know some of these items are not really "commonly confused
concepts", but I'm just throwing them in for now.

Regards,
Harwinder
PMP Certification Blog: http://www.deepfriedbrainpmp.com
PMP and CAPM Prep Tools: http://www.brainbok.com

Huzefa Khairullah

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Mar 1, 2011, 1:53:24 AM3/1/11
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Hello Harwinder,

Here's a subtle one: Fast Tracking vs. Concurrent Engineering

Hope this makes it to your final list!

Thanks and regards

Huzefa

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Huzefa A Khairullah

Harwinder

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Mar 2, 2011, 1:51:08 AM3/2/11
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Hello all,

We have got 73 items on this list which is lot more than the initial
target of 50. This is an example of great team work. Thanks to all of
you who participated in putting this together. As I mentioned in the
previous post, I'll probably make 2 lists out of this. One would be a
list of real 'Commonly Confused Concepts' and the other (and larger)
list would serve as a checklist (I don't know what to call it) for
PMP / CAPM candidates.

Here's the updated list (73):

Accepted Deliverable vs Validated Deliverable
Accountability vs Responsibility
Accuracy vs Precision
Activity Attributes vs Activity List
Activity vs Work Package
Administrative/Project Closure vs Contract Closure
Analogous Estimating vs Parametric Estimating
Authority vs Power
Benefit/Cost Ratio vs Cost/Benefit Ratio
Budget vs Estimate
Business Risk vs Insurable/Pure Risk
Change Control System vs Contract Change Control System
Change Control vs Configuration Control
Change Control vs Perform Integrated Change Control
Close Project vs Close Phase
Code of Account vs Control Account
Common Cause vs Special Cause
Concurrent Engineering vs Fast Tracking
Contingency Buffer vs Feeding Buffer
Contingency Reserve vs Management Reserve
Control Account vs Planning Package
Control Account vs Work Package
Control Limit vs Specification Limit
Control Scope vs Verify Scope
Corrective Action vs Preventive Action
Cost Plus Fixed Fee Contracts (CPFF) and Firm Fixed Price Contracts
(FFP)
Cost Plus Incentive Fee (CPIF) Contracts vs Fixed Price Incentive Fee
(FPIF) Contracts
Crashing vs Fast tracking
Critical Path Method vs Critical Chain Method
Decomposition vs Create Work Breakdown Structure (WBS)
Distribute Information vs Report Performance
Duration vs Effort
Earned Value Management (EVM) vs Expected Monetary Value (EMV)
Earned Value vs Actual Cost
Earned Value vs Planned Value
Enhance vs Exploit
Estimate at Completion vs Estimate to Complete
Forward Pass vs Backward Pass
Free Float vs Total Float
Functional Organization vs Projectized Organization
Gantt Chart vs Tracking Gantt
Grade vs Quality
Histogram vs Pareto Chart
Lead vs Lag
Logical Relationship vs Precedence Relationship
Master Schedule vs Milestone Schedule
Opportunity vs Threat
Product Lifecycle vs Project Lifecycle
Product Quality vs Project Quality
Product Scope vs Project Scope
Product vs Result
Product/Result vs Deliverable
Progressive Elaboration vs Rolling Wave Planning
Project Calendar vs Resource Calendar
Project Coordinator vs Project Expediter
Project Documents vs Project Management Plan Documents
Project Model vs Schedule model
Project Performance Appraisal vs Team Performance Assessment
Project Schedule vs Schedule Model
Project Scope Statement vs Statement of Work
Project Team vs Project Management Team
Qualititative Risk Analysis vs Quantitative Risk Analysis
Quality Assurance vs Quality Control
Residual Risk vs Secondary Risk
Resource Leveling vs Resource Loading
Responsibility vs Role
Risk Threshold vs Risk Tolerance
Stakeholder vs Shareholder
Subproject vs Subnetwork
Tool vs Technique
Validation vs Verification
Value Analysis vs System Analysis
Value Analysis vs Variance Analysis

Regards,
Harwinder
PMP Certification Blog: http://www.deepfriedbrainpmp.com
PMP and CAPM Prep Tools: http://www.brainbok.com


On Mar 1, 2:53 pm, Huzefa Khairullah <huz...@gmail.com> wrote:
> Hello Harwinder,
>
> Here's a subtle one: Fast Tracking vs. Concurrent Engineering
>
> Hope this makes it to your final list!
>
> Thanks and regards
>
> Huzefa
>

Santhosh Kumar

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Mar 2, 2011, 2:22:51 AM3/2/11
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Hi Harwinder,

It would be good, if you can make something like a flashcard so that everyone remembers it short and simple.

Thanks and Regards
Santhosh

Harwinder

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Mar 2, 2011, 2:27:05 AM3/2/11
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Yeah that was the original idea but it seems very difficult to fit 2
concepts into one card. I can surely do one concept in one card, but
then it won't show the comparison. I need to think about a good way to
do it. Your ideas are welcome.

Regards,
Harwinder
PMP Certification Blog: http://www.deepfriedbrainpmp.com
PMP and CAPM Prep Tools: http://www.brainbok.com



On Mar 2, 3:22 pm, Santhosh Kumar <gowda.santh...@gmail.com> wrote:
> Hi Harwinder,
>
> It would be good, if you can make something like a flashcard so that
> everyone remembers it short and simple.
>
> Thanks and Regards
> Santhosh
>
> ...
>
> read more »

Jawed Khan

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Mar 2, 2011, 2:58:38 AM3/2/11
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Thats a great initiatives indeed, the team is involved in making a benchmark and ever resourcefull material (a flash card on the terms which are confusing to many of us) for whole community of PMP and assocaites. At this point of time I remember a quote from Michael Jordan - "Talent wins Games but teamwork wins Champaionships" 
 
I have been with the group since a long time I completed my PMP and always wish to be connected and be resourcefull for the aspirants and even PMP working community.
 
also appreciate all endeavors of Harwinder and other friends and colleagues (sorry could not names all our heros) who are consistently adding value and leading the way forward to keep PMP aspirants focussed.
 
I have shared an interesting article on PMP in my linkedin profile, which make sense to read.
 
Till next time
 
Jawed Khan, PMP®  
Vice President  IT
TEAM:Together Everyone Achieves More
Network Techlab India Pvt Ltd 
Skype: jawed.khan87

Santhosh Kumar

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Mar 2, 2011, 3:21:02 AM3/2/11
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If you just see the Chapter wise focus by Sree....

Today she was explaining about the Program Management and Portfolio Management and she has some points mentioned and those are the differences between the 2 topics.. So I was just suggesting if something of that sort can be done. It would be of great help... And also any specific word which implies the topic has to be in BOLD letters..

For ex:

A project is temporary in nature... Like wise... each topic will have something unique words, and that has to be highlighted.


Regards
Santhosh

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setty sree

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Mar 2, 2011, 3:50:08 AM3/2/11
to pmp-cert-onli...@googlegroups.com, Santhosh Kumar
Hi Sanotsh,
 
It is ag ood idea. I will surely high light the main points.Also I would request this to be interactive.Kindly go on posting valid points related to the topics.
 
From tomorrow's session I would also append the chapter 1-Introdcuton  in the subject line as it would be easy for future reference.

--
Thanks & Regards,
Sreelatha ITIL®,PMP®

Harwinder

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Mar 2, 2011, 3:53:51 AM3/2/11
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Sure, I'll look into your suggestion. But again the flashcards have a
character limit. I can only fit about 50 words or so on one card. So
it needs some creativity to capture the essence within that limit.
I'll try.

Regards,
Harwinder
PMP Certification Blog: http://www.deepfriedbrainpmp.com
PMP and CAPM Prep Tools: http://www.brainbok.com

On Mar 2, 4:21 pm, Santhosh Kumar <gowda.santh...@gmail.com> wrote:
> If you just see the Chapter wise focus by Sree....
>
> Today she was explaining about the Program Management and Portfolio
> Management and she has some points mentioned and those are the differences
> between the 2 topics.. So I was just suggesting if something of that sort
> can be done. It would be of great help... And also any specific word which
> implies the topic has to be in BOLD letters..
>
> For ex:
>
> A project is *temporary *in nature... Like wise... each topic will have
> something unique words, and that has to be highlighted.
>
> Regards
> Santhosh
>
> ...
>
> read more »

Inder

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Mar 2, 2011, 12:16:41 PM3/2/11
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Hi Harwinder,

I was sent some points long back, looks like it is missing and again
listed below.

1. Project Coordinator vs Project Expediter.
2. Project Team vs Project Management Team.
3. Change Management vs Scope Management.


- Inder

Reshma Santhosh

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Mar 3, 2011, 12:56:45 AM3/3/11
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One more...

RACI Vs RAM

Harwinder

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Mar 4, 2011, 7:55:04 AM3/4/11
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Inder - I added your suggestions to the list (the first two) when you
sent them earlier. I don't see the last one on the list and I'll think
about adding it.

Reshma - I'll add that.

I'm a bit surprised that all of us missed "Process Groups vs Knowledge
Areas". This was a commonly asked question on the blog, until I did a
separate post on it.

I got some ideas on how to share this information with the world. Look
out for a new blog post on this very soon. I'll also work on the
flashcards.

Thanks again, everyone.

Regards,
Harwinder
PMP Certification Blog: http://www.deepfriedbrainpmp.com
PMP and CAPM Prep Tools: http://www.brainbok.com

Harwinder

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Mar 12, 2011, 9:21:01 AM3/12/11
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Hello everyone,

Here's the output of this exercise:

http://www.deepfriedbrainpmp.com/2011/03/commonly-confused-concepts-pmp-capm.html

Thanks a lot to everyone who contributed to the list. I could not have
done it without your help.

If you have any additional items or comments, please post them on the
blog post directly.

Regards,
Harwinder
PMP Certification Blog: http://www.deepfriedbrainpmp.com
PMP and CAPM Prep Tools: http://www.brainBOK.com

Debbie-personal

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Mar 12, 2011, 11:07:42 AM3/12/11
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THANK YOU, THANK YOU, THANK YOU FOR SHARING THIS LINK!

Sidhartha Patra

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Mar 12, 2011, 9:30:16 PM3/12/11
to Harwinder, pmp-cert-onli...@googlegroups.com
Harwinder, Many big KUDOS to you for publishing and sharing commonly
confused concepts !!!

I am sure this will add lots of value to PMP aspirants and help in
getting their fundamental cleared for few or most of these.

I am missing these topics post my PMP certification but I am doing a
nobel read as I am finding interesting.

Keep it up......

Thanks and cheers,
Sid

Jawed Khan

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Mar 13, 2011, 11:29:56 AM3/13/11
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Thanks a lot for the effort put by all the heros in the leadership of Harwinder in collecting "commonly confused concept". however looks like this will require few iteration with the help of survey and feedback from the group members.
 
I am sure in due course of time the terms will stretch up to 100 or more...and in my view
 
- it should be an independent flashbook free downloadable so that an aspirants could download read, understand and perfect themself independent of internet availability.
 
- all the collected concepts should be answered as the best practice irrespective of some people would be already knwoing them.
 
- there should be first hand written defination and comparison/clarification of the confused terms than over and above there could be vendors videos link for more understanding which may be required dependecy of internet.
 
anyone in the group may feel free to add their comments to perfect the flash book so that all aspirants and professionals of PMP & CAPM may benefit from the efforts of the group.
 
Regards,
Jawed, PMP
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