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PODCAST

Business Exam Prep

Ran Chen, EA, CFP®

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,

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All Episodes

03:38

CAPM Exam Prep 90, The Business Requirements Document...

Business Exam Prep ·

2026/10/07

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 core purpose of the Business Requirements Document (BRD) in defining the 'what' and 'why' of a project. - Key components typically found within a BRD, such as

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03:56

CAPM Exam Prep 89, Requirement Types — Business,...

Business Exam Prep ·

2026/10/06

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 difference between high-level Business Requirements (the why) and specific Stakeholder Requirements (the what). - How to distinguish a Functional Solution

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03:38

CAPM Exam Prep 88, Prototyping (Throwaway vs...

Business Exam Prep ·

2026/10/05

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: - Prototyping is a key requirements gathering technique used when stakeholder needs are ambiguous or difficult to articulate. - A throwaway prototype is a model built

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03:25

CAPM Exam Prep 87, Brainstorming and the Affinity...

Business Exam Prep ·

2026/10/04

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 distinct purposes of brainstorming (divergent idea generation) and affinity diagrams (convergent idea organization). - Why suspending all judgment and criticism

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03:12

CAPM Exam Prep 86, Focus Groups and Facilitated...

Business Exam Prep ·

2026/10/03

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 focus groups are moderated discussions with pre-qualified stakeholders designed to gauge attitudes and expectations by leveraging group dynamics. - That

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03:38

CAPM Exam Prep 85, Surveys/Questionnaires and...

Business Exam Prep ·

2026/10/02

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: - When to use surveys for large, geographically dispersed stakeholder groups. - The primary limitation of surveys: the inability to probe for detailed answers. - To

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03:03

CAPM Exam Prep 84, Elicitation — Interviews and...

Business Exam Prep ·

2026/10/01

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: - Interviews are best for gathering explicit requirements and stakeholder opinions directly. - Observation, or job shadowing, is crucial for uncovering tacit knowledge

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03:47

CAPM Exam Prep 83, SIPOC and Process Mapping

Business Exam Prep ·

2026/09/30

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 definition of a SIPOC diagram (Suppliers, Inputs, Process, Outputs, Customers) and its role as a high-level scoping tool. - How SIPOC is used on projects to

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03:18

CAPM Exam Prep 82, Decision Trees and Force Field...

Business Exam Prep ·

2026/09/29

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: - Decision trees are quantitative tools used to calculate the Expected Monetary Value (EMV) of different choices under uncertainty. - To pass CAPM exam questions on

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04:08

CAPM Exam Prep 81, Root Cause Analysis — Fishbone and...

Business Exam Prep ·

2026/09/28

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: - Root Cause Analysis (RCA) on the CAPM exam focuses on finding the fundamental origin of a problem, not just its surface-level symptoms. - The Fishbone (or Ishikawa)

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03:38

CAPM Exam Prep 80, SWOT Analysis

Business Exam Prep ·

2026/09/27

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: - To distinguish between internal factors (Strengths, Weaknesses) that an organization controls and external factors (Opportunities, Threats) that it does not. - How

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03:33

CAPM Exam Prep 79, Problem Statements and Gap Analysis

Business Exam Prep ·

2026/09/26

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: - A problem statement defines the current issue, its impact, and the desired state without prescribing a solution. - Gap analysis precisely measures the difference

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02:52

CAPM Exam Prep 78, Feasibility Studies and Go/No-Go

Business Exam Prep ·

2026/09/25

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: - A feasibility study is a pre-project assessment to determine if a project is viable before significant resources are committed. - Feasibility studies are conducted

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03:20

CAPM Exam Prep 77, Benefit-Cost Ratio, NPV, Payback,...

Business Exam Prep ·

2026/09/24

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: - A Benefit-Cost Ratio (BCR) greater than 1 indicates a financially viable project. - Net Present Value (NPV) is the most critical metric for selecting between

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03:22

CAPM Exam Prep 76, Needs Assessment and the Business...

Business Exam Prep ·

2026/09/23

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: - A needs assessment is a pre-project activity that identifies the business problem or opportunity by analyzing the gap between the current and desired future state. -

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02:40

CAPM Exam Prep 75, What Is Business Analysis and the...

Business Exam Prep ·

2026/09/22

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: - Business Analysis is the practice of enabling change by defining needs and recommending solutions that deliver value to stakeholders. - The Business Analyst (BA)

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02:59

CAPM Exam Prep 74, Hybrid Approaches, MVP, and...

Business Exam Prep ·

2026/09/21

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: - How to identify when a Hybrid approach is the best choice for a project on your CAPM exam. - The true purpose of a Minimum Viable Product (MVP) as a learning tool,

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03:20

CAPM Exam Prep 73, Lean Principles

Business Exam Prep ·

2026/09/20

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: - Lean is a holistic philosophy for maximizing customer value, not just a tool for eliminating waste. - The seven types of waste (defects, overproduction, waiting,

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02:09

CAPM Exam Prep 72, Extreme Programming (XP) Practices

Business Exam Prep ·

2026/09/19

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 core concept of Extreme Programming (XP) as an agile method focused on engineering excellence. - The specific roles of the 'driver' and 'navigator' in the Pair

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02:53

CAPM Exam Prep 71, Acceptance Criteria

Business Exam Prep ·

2026/09/18

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: - Acceptance criteria are the specific, testable conditions a single user story must meet to be accepted by the product owner. - The Given/When/Then format is a common

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180 results

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