Dissatisfied with 1st attempt. Neeed help plzzz

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I took the GMAT 3 weeks back and scored a low 580(Q46,V25). Essay = 5.0 and IR = 3.0. I am very disappointed with score since I had put in a lot of effort during my 4 month prep. In quant I had scored 45 & 49 in GMATPrep1 and GMATPrep2. Even though my math score is decent, I think I do too many calculations which are not really required. I knew I could score 49 in actual GMAT exam too, but on the day of my exam I lost 3mins in quant section (don't ask how but yes I did). This really made me panic alot.

The main problem for me is verbal. My score for verbal says it all. Im so ashamed of my verbal score. Theory wise I left no stone unturned. But I guess application of that theory is where I lacked. I got better in SC with practice during my prep but CR was a hurdle for me. I'm not the best test taker. My timing is not good, especially in CR (ave time for CR = 3mins, SC=1.5mins, RC=2mins). I have never had the time to even read the last RC passage, so the ave time listed in the previous sentence does not even include spending any time on the last RC passage. During my practice tests and GMAT too, I guessed all the answers of the last RC passage. I did put in effort to get my timing right but the itch in me to answer every question properly costs me a lot. Why I do this? One of the reasons is that I don't trust my previous question's attempted answer.
Here is the summary of the materials I used during my GMAT prep.

Books: MGMAT 4th ed for quant and Verbal. I even studied powerscore CR for verbal.

Practice Quetions: solved complete OG 12th ed, 2nd ed verbal and quant review. I had maintained a list of the questions I answered wrong so that I review the ones i got wrong. Clearly, I didn't learn anything.

Practice tests:
MGMAT1: 420 (practice test)
MGMAT2: 500 (Q31; V28)
MGMAT3: 530 (Q43; V20)
MGMAT4: 590 (Q44; V27)
MGMAT5: 660 (Q44; V36)
GMATPrep1: 550 (Q45; V21)
GMATPrep2: 650 (Q49; V27)
GMATPrep1 (retake): 680 (Q49; V33)
GMATPrep2 (retake): 690 (Q49; V34)

I know I need to improve my speed and concepts in CR and RC. These are the two sections that have brought my score down. Sometimes I think I should get help from a GMAT tutor only for CR but I do not know any reliable tutors out there through any of my sources. Appreciate any suggestions (location: Bethesda, MD). The classes are way too expensive. They don't even have any option for just verbal classes (that too will include material and practice exams. why will I again pay for the material again). So I have decided to put in more effort in the areas in which I'm weak.

Please advise me from your experience about the min time I should study before taking the GMAT again to achieve a target score of 700. What should me strategy be during this period? My timing is bad so I believe I should start taking more CATs. I have exhausted GMAT prep and 5 MGMAT CATs.

I will definitely need to track all the wrong answers and reason each answer choice. Please give me some more inputs. If someone wants to know some other strategy that I used so that he/she can give some positive input then do let me know.
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by Kasia@EconomistGMAT » Tue Aug 14, 2012 3:15 am
To be on the safe side, I would suggest that you study for at least 2 months before taking the GMAT.
You clearly need to identify your weaknesses more precisely than just stating that you have problems with CR and RC.Try to be more specific - which question types?

Are you able to support EACH of your choices in the Verbal Section with a relevant rule or do you go with your gut feeling?

I think you need to focus on accuracy currently and deal with the timing problems later, after your success rate from the verbal questions increases.

Getting a tutor is a very good idea and could definitely speed up your progress significantly.
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by tsharma » Wed Aug 15, 2012 9:52 am
@Kasia: I am a working professional. When you suggested at least 2 months before I take the GMAT again, did you mean that time frame for someone who is a working professional?

After reading your post I went back and looked at my error logs I had compiled when I was practicing for my 1st GMAT attempt. I will say I was not able to every time support each of the choices with relevant rule. I wasn't a big fan of the OG explanations. I have provided below the %incorrect questions I calculated from all the CR questions I attempted from various sources such as OG, Verbal review, MGMAT exams, GMAT Prep exams. It almost looks I need to focus on pretty much everything.

I also looked at my RC error log. I was doing really good with OG RC passages but when GMATPrep RC passages were of a different level than OG RC passages. I did sense that I might mess up RC when I started solving some of the GMATPrep RC passages towards the end.
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