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Saturday, June 8, 2013
Good Information regarding Agile Software Development from http://www.agile-process.org/
What is bespoke software??
Wednesday, December 2, 2009
ASP.NET 4.0 Videos
This series of short videos introduces you to the new features of ASP.NET 4.
http://www.asp.net/learn/aspnet-4-quick-hit-videos/
Tuesday, November 17, 2009
MOSS 2007 403 forbidden error after .net framework updates fail to install
After unsuccessfully trying to install .NET framework 3.0 or 3.5 on your MOSS 2007 front end server, users cannot access any of the SharePoint sites including central or shared services administration sites. Error in IE is 403 forbidden. Using a NON-IE browser, the error is Directory Listing Denied.
Open IIS Manager and go to Sites, then Properties, then Home Directory Tab, then Configuration, then in the Wildcard Application Maps box, add the aspnet_isapi.dll located in C:\windows\microsoft.net\"framework" or "framework64"\v2.xxxxx
Ensure that the checkbox "Verify that the file exists" is UNchecked, otherwise error 404 page not found ill be displayed. This is because the data is rendered from the SQL database and not from IIS locally, and SharePoint will process this on the run while the site is being accessed.
Friday, October 2, 2009
Tuesday, July 14, 2009
PMP Tips: Point of total assumption
The point of total assumption (PTA) is a point on the cost line of the Profit-cost curve determined by the contract elements associated with a fixed price plus incentive-Firm Target (FPI)contract above which the seller effectively bears all the costs of a cost overrun. The seller bears all of the cost risk at PTA and beyond, due to a dollar for dollar decrease in profit beyond the costs at the PTA. In addition, once the costs on an FPI contract reach PTA, the maximum amount the buyer will pay is the ceiling price. Note, however, that between the cost at PTA and when the cost equals the ceiling price, the seller is still in a profitable position; only after costs exceed the ceiling price is the seller in a loss position.
Any FPI contract specifies a target cost, a target profit, a target price, a ceiling price, and one or more share ratios. The PTA is the difference between the ceiling and target prices, divided by the buyer's portion of the share ratio for that price range, plus the target cost.
PTA = ((Ceiling Price - Target Price)/buyer's Share Ratio) + Target Cost
For example, assume:
Target Cost: | 2,000,000 |
Target Profit: | 200,000 |
Target Price: | 2,200,000 |
Ceiling Price: | 2,450,000 |
Share Ratio: | 80% buyer–20% seller for overruns, 50%–50% for underruns |
PTA = ((2,450,000 - 2,200,000)/ 0.80) + 2,000,000 = 2,312,500.
If for a moment, PTA is given and you are trying to calculate the ceiling price for the buyer (maximum amout that the buyer will have to spend),the calculation will be
(2,000,000 (target cost) + 200,000 (the profit the buyer pays to the seller) + (2,312,500 - 2,000,000)*0.8 = 2450000.
This is a term used in project management when managing specific fixed price contracts.
For cost reimbursable contract, the Point of Total Assumption does not exist, since the buyer agrees to cover all costs. However, a similar incentive arrangement with similar components, called a Cost-Plus-Incentive_Fee (CPIF) contract sometimes is used. The CPIF includes both a minimum fee and a maximum fee. The share line in combination with the Target Fee, Maximum Fee and Minimum Fee can be used to easily calculate the points at which the incentive arrangement affects fee. The range between these points is called the "range of incentive effectiveness." Edited by oldPCO
For contracts subject to the Federal Acquisition Regulations, FAR 16.403-1 provides the Government description of FPI. The contract type is implemented by calling out FAR Clause 52.216-16 Incentive Price Revision - Firm Target. This clause captures the Ceiling Price as well as the government share ratio(s). If multiple line items are identified as FPI type, the individual line item information shall be included here, otherwise final contract costs and price are reconciled at the contract level.
The idea of a "Point of Total Assumption" is an extremely recent one, and even high-level government logistics specialists often don't know what the term means, or how to calculate it. In the government's efforts to cut cost overruns, however, the PTA is being introduced to FPIF contracts on an increasingly wide basis. Moreover, high-level professional examinations for industry certification, such as the Project Management Professional certification, are beginning to test applicants' knowledge of this concept and its application.
Friday, July 10, 2009
PMP Tips: Be Wary of Absolutes
You will find that the some answers to PMP or CAPM questions may contain absolutes such as always, completely or must. As you have studied for your exam you should have learned that in many cases project management is not clear cut. There are many factors to consider in each situation so an absolute in the answer should arouse your suspicions. Make sure that the absolute in the answer is appropriate for the answer you choose.
For instance, you may be given a hypothetical situation in which you as the project manager encounter a problem with scheduling. One of the choices might be that you must immediately inform management to ensure Real Time Issuers Disclosures. The use of an absolute might trigger a subconscious decision to choose that as the right answer, whether it is or not. When you see an absolute used in one of the answers be sure to think twice before choosing that answer. A PM must maintain his/her cool and avoid making snap decisions in a tight spot.
Many of the questions will also contain information that has no bearing on the problem posed. These are usually two paragraphs long and describe a scenario that might arise on a project. Rather than succinctly state the problem, you are given extraneous information that may make it difficult to ferret out the actual situation you're theoretically dealing with. Be careful to focus only on the facts of the case and not the noise surrounding it! These questions are not posed to frustrate you but to prepare you for the real world of project management where very few situations are crisp and clear.
Take many sample tests and/or collaborate with another candidate to create tests for each other. Seeing questions with such unnecessary information will prepare you for encountering them on the real exam and train your mind to focus on the problem and not the mitigating circumstances.
Thanks to Cornelius Fichtner of the PMPrepCast Fame for the above tips.
