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Business Exam Prep

Business Exam Prep

Von: Ran Chen EA CFP®
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 Business Exam Prep is a free, daily podcast by OpenExamPrep covering the most in-demand business and management certification exams — including PMP, CAPM, Six Sigma, FPC (Payroll), CMP, and more. Each 5-minute episode breaks down one exam topic with concrete examples, common exam traps, and memory tricks to help you pass on your first attempt. No fluff, no filler — just the concepts you need to know, explained the way the exam tests them. This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP designation. He is passionate about opening access to high-quality exam preparation for everyone. For free practice questions, AI-powered explanations, flashcards, and full study guides, visit https://open-exam-prep.com/ Subscribe and listen daily — your certification is closer than you think.Copyright 2026 Ran Chen, EA, CFP® Bildung
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  • PRINCE2 Exam Prep 6, Principle — Learn from Experience

    PRINCE2 Exam Prep 6, Principle — Learn from Experience
    May 8 2026
    This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - The 'Learn from Experience' principle is a continuous cycle applied at the start, during, and end of a project, not just at closure. - The Lessons Log is a dynamic document created in the 'Starting Up a Project' process to capture ongoing lessons. - The Lessons Report is a formal summary created during 'Closing a Project' to pass knowledge to future projects. - A primary exam trap is confusing the timing and purpose of the Lessons Log (a living project document) versus the Lessons Report (a formal summary for others). - PRINCE2 requires project managers to actively seek lessons from past projects at the very beginning of a new project. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep
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    3 Min.
  • PRINCE2 Exam Prep 5, Principle — Continued Business Justification

    PRINCE2 Exam Prep 5, Principle — Continued Business Justification
    May 7 2026
    This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - The Business Case must remain valid throughout the entire project lifecycle, not just at the start. - The Executive role is ultimately responsible for the project's Business Case and its continued viability. - The Business Case is formally reviewed and updated at the end of every management stage to ensure the project is still worthwhile. - If the business justification is lost, the Project Manager must escalate to the Project Board, who may decide to stop the project. - Exam questions often test the "sunk cost fallacy"; past expenditure is irrelevant if future benefits are no longer achievable. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep
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    3 Min.
  • PRINCE2 Exam Prep 4, Tailoring PRINCE2 to Project Environment

    PRINCE2 Exam Prep 4, Tailoring PRINCE2 to Project Environment
    May 6 2026
    This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - That tailoring adapts the PRINCE2 method to a project's specific size, complexity, risk, and environment. - What can be tailored, including processes, roles, management products, and terminology. - The critical rule that the seven PRINCE2 principles are universal and must never be tailored. - How common exam questions test tailoring by presenting scenarios requiring you to distinguish between appropriate adaptation and violating principles. - That all tailoring decisions must be documented by the Project Manager in the Project Initiation Documentation (PID) and approved by the Project Board. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep
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    3 Min.
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