TYPES OF CONTRACTS IN PROCUREMENT and Project Management | PMP Exam Prep

TYPES OF CONTRACTS IN PROCUREMENT and Project Management | PMP Exam Prep | Contract Management

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@PMPwithRay 2 жыл бұрын

Check my PMP Exam Mock Simulator on UDEMY (PMBOK7 + PMBOK6): www.udemy.com/course/pmp-exam-situational-question-practice-test-200-q-pmbok6/?referralCode=6E0209F2D1951242E85A

@ashu2011100 2 жыл бұрын

Does this Simulator available in Udemy Business?

@ashwin253 2 жыл бұрын

Hi Ray, I remember making the request to you a couple of months back to make a video on the contracts and I feel so happy that you have made one. I thoroughly enjoyed and understood the content and its really helpful. Thanks a ton for making this video.

@PMPwithRay 2 жыл бұрын

Hello Ashwin, good to know that you found the video helpful :) And yes, my ears are always open to the feedback & suggestions of my subscribers!

@khadycm4939 2 жыл бұрын

Hi Ray, i just passed my pmp with above target in all domains!! Wanted to thank you as your videos helped so so much

@PMPwithRay 2 жыл бұрын

Fantastic Khady! Many many congratulations for achieving this milestone in your career! It is all because of your hard work & dedication...enjoy the achievement! Welcome to the club... Please refer to my KZfaq channel, website (pmpwithray.com) and my 330-Q Udemy mock within your network & peer group! That's the only way I can reach out to more potential PMP aspirants like you!...and help them achieve success...It would be wonderful if you can provide a 5/5 rating & write a nice review for my Udemy course…of course if you have taken it & you feel it was worth it 😊 Wish you all the best in your career ahead...which I am sure will scale new heights now with PMP!!! I am really happy that I was a part of your journey for PMP... 😊 All the best, stay well... Best, Ray

@khadycm4939 2 жыл бұрын

@@PMPwithRay of course i will refer to yo your channel and I already gave your udemy 330 questions a five star review … the questions were tough and very clever and they make the pmp exam look so easy… so thank you again

@PMPwithRay 2 жыл бұрын

Much appreciated! All the best for your career ahead.

@nagarajanvn7655 2 жыл бұрын

Hi again, my exam is scheduled to end of September 2021. Very useful to see your new content at this time..

@PMPwithRay 2 жыл бұрын

Hi Nagarajan. All the best for your exam! :)

@exploreandunravel5773 2 жыл бұрын

Hi Ray , Today I cleared the PMP with AT in all sections .. Thanks a lot for your guidance and for the mock simulator on udemy , Since last one year , was especially tough , first gave exam from Toronto on Dec 2020 but the Internet connection snapped and then had to reprepare due to changed format , had to return to India to be with my mom for her cancer surgery , then was stuck here ( work from home ) due to corona .. Now flights too have resumed since 21 September ...

@PMPwithRay 2 жыл бұрын

Hello. Many many congratulations for achieving this milestone in your career! It is all because of your hard work & dedication...enjoy the achievement! Welcome to the club... Please refer to my KZfaq channel, website (pmpwithray.com) and my 330-Q Udemy mock within your network & peer group! That's the only way I can reach out to more potential PMP aspirants like you!...and help them achieve success...It would be wonderful if you can provide a 5/5 rating & write a nice review for my Udemy course 😊 Wish you all the best in your career ahead...which I am sure will scale new heights now with PMP!!! I am really happy that I was a part of your journey for PMP... 😊 All the best, stay well... Best, Ray

@ibrahimsoriekamara-kay4053 5 ай бұрын

This is one of the best explanation I have heard on Contract types. Thank you so much Ray for such clarity .

@PMPwithRay 5 ай бұрын

Thank you for participating and commenting!

@muhammadomer8836 2 жыл бұрын

Hi Ray Thanks a lot for ur online coaching. I cleared PMP in 1st attempt because of ur guidance.

@PMPwithRay 2 жыл бұрын

Hi Muhammad, Many many congratulations for achieving this milestone in your career! It is all because of your hard work & dedication...enjoy the achievement! Welcome to the club... Please refer to my KZfaq channel, website (pmpwithray.com) and my 330-Q Udemy mock within your network & peer group! That's the only way I can reach out to more potential PMP aspirants like you!...and help them achieve success...It would be wonderful if you can provide a 5/5 rating & write a nice review for my Udemy course…of course if you have taken it & you feel it was worth it 😊 Wish you all the best in your career ahead...which I am sure will scale new heights now with PMP!!! I am really happy that I was a part of your journey for PMP... 😊 All the best, stay well... Best, Ray

@verywiseoldergentleman9125 7 ай бұрын

Hi Ray, thanks for pointing out the risk vs clarity. That helps!

@PMPwithRay 7 ай бұрын

Glad it was helpful!

@bala2000k 2 жыл бұрын

Hi Ray, I have cleared my PMP yesterday with all AT in first attempt.....Thanks a ton for your tips and information. Cheers!

@PMPwithRay 2 жыл бұрын

Hi Balaji, Many many congratulations for achieving this milestone in your career! It is all because of your hard work & dedication...enjoy the achievement! Welcome to the club... Please refer to my KZfaq channel, website (pmpwithray.com) and my 330-Q Udemy mock within your network & peer group! That's the only way I can reach out to more potential PMP aspirants like you!...and help them achieve success...It would be wonderful if you can provide a 5/5 rating & write a nice review for my Udemy course…of course if you have taken it & you feel it was worth it 😊 Wish you all the best in your career ahead...which I am sure will scale new heights now with PMP!!! I am really happy that I was a part of your journey for PMP... 😊 All the best, stay well... Best, Ray

@sudhagargk 2 жыл бұрын

Hi Ray, thanks for your videos, and all videos especially situational-based and servant leadership are very important. Passed AT in all domains today. There is the question of a fixed price today, no maths but concept & cost-reimbursement contract PM should understand. Good topic in procurement management, contract, sub-contract level.

@wongplaju1737 2 жыл бұрын

Hi Ray, Please provide video for Resources management and conflict management

@PMPwithRay 2 жыл бұрын

You are very welcome! Many many congratulations for passing the exam on your very first attempt! :)

@PMPwithRay 2 жыл бұрын

Hello, yes. Will cover these topics very soon.

@ketkeedhare1454 2 жыл бұрын

thanks for the video, very crisp & clear, concise data representation

@PMPwithRay 2 жыл бұрын

Thank you. I am glad that you found the video helpful.

@michaelcasey3989 2 жыл бұрын

Hi Ray, your videos are great. They have helped tremendously. Thank you!!

@PMPwithRay 2 жыл бұрын

Glad you like them! Thank you for watching & commenting.

@prabhatsingh1509 2 жыл бұрын

Superb

@PMPwithRay 2 жыл бұрын

Thanks 🤗

@hankhammer8079 2 жыл бұрын

Thank you. Please cover more topics of situational questions.

@PMPwithRay 2 жыл бұрын

Sure 👍

@mardigrasqueenofthesouth8847 2 жыл бұрын

Ray i did it, i passed! thank you!

@PMPwithRay 2 жыл бұрын

Hello. Many many congratulations for achieving this milestone in your career! It is all because of your hard work & dedication...enjoy the achievement! Welcome to the club... Please refer to my KZfaq channel, website (pmpwithray.com) and my 330-Q Udemy mock within your network & peer group! That's the only way I can reach out to more potential PMP aspirants like you!...and help them achieve success...It would be wonderful if you can provide a 5/5 rating & write a nice review for my Udemy course…of course if you have taken it & you feel it was worth it 😊 Wish you all the best in your career ahead...which I am sure will scale new heights now with PMP!!! I am really happy that I was a part of your journey for PMP... 😊 All the best, stay well... Best, Ray

@iwasakireo3220 2 жыл бұрын

Hi, very nice summary of contract types. Also, realized that PTA equation links to this CPIF contract type. Could you share the link to the contract types guideline mentioned in the video as well?

@PMPwithRay 2 жыл бұрын

Hello. You can download the self-study guide from this link: drive.google.com/file/d/1bsxe3uTFxG8O1ELYapMuDZmdFO6SDoHT/view?usp=sharing

@salmanfirdousi3408 2 жыл бұрын

Awesome crisp video.. ✌

@PMPwithRay 2 жыл бұрын

Glad you liked it. Thank you for watching & commenting.

@najeebimran9486 2 жыл бұрын

Ray..u are The Best

@PMPwithRay 2 жыл бұрын

Thank you for the feedback! Much appreciated :-D

@Mainak53 2 жыл бұрын

Hi, can you please make video on Conflict Management along with few case studies..

@PMPwithRay 2 жыл бұрын

Hi Mainak. Thank you for the suggestion. I would definitely keep that in mind as one of my future video ideas.

@mohdfadl5301 8 ай бұрын

In Q1 .. why it is not FFP the right answer? as the scope is very clear & there is a cost pressure🤔

@sivakumar-mu3wj 2 жыл бұрын

what do you mean by limited controll Ray for Time & Material Contracts 08:22

@PMPwithRay 2 жыл бұрын

Linking a few articles to help you understand the concept better: www.netsuite.com/portal/resource/articles/accounting/time-materials-contract.shtml www.projectmanager.com/blog/time-and-materials-contract