PMP Certificate- introduction
- 1. Agenda PMI, PMP, Prerequisites and exam application. Certification Path 01 Process group and parts of knowledge according to PMI standards. Sample questions. PMP Content 02 Maintaining and renewing the certificate procedure, PMI Triangle of Talent. PDUs 03 PgMP, PfMP, PS-MP, RMP Other Certifications 04
- 2. 01 Certification Path PMI Project management Institute “Not-for-profit professional membership association for the project management profession” Source PMI.com The institute provides global standards for the profession, education and certifications. PMP Project management Professional Certificate. “The PMP signifies that you speak and understand the global language of project management and connects you to a community of professionals, organizations and experts worldwide.” Source PMI.com
- 3. 4 steps to PMP Determine your Eligibility 01 Submit the exam application 02 Write the PMP exam and Pass 03 Renew Certificate 04
- 4. Eligibility 4500 Hours of project management experience 3 Years of Project Management experience 7500 Hours of project management experience 5 Years of Project Management experience 4 years Degree Secondary Degree 35 Hours Registered PMI educational provider Online Courses Other educational providers Project Management Education
- 5. 02A 01 Name, address, education level, PMP course info, work experience in details. PMI Review Time: 5 Days Personal Info – Education – Experience 02 Member: US$405.00 Non-member: US$555.00 Pay the Fees 03 Through prometric.com Authorization Email to schedule the Exam Exam Application Degrees copies, Course Certificate and signed experience letters Audit
- 6. Exam Application Example You can simply impress your audience and add a unique zing and appeal to your Presentations. Easy to change colors, photos and Text. Get a modern PowerPoint Presentation that is beautifully designed. You can simply impress your audience and add a unique zing and appeal to your Presentations. Easy to change colors, photos and Text. Get a modern PowerPoint Presentation that is beautifully designed.
- 7. Write the Exam 200 questions, 4 Hours. But what is included in the exam? 02 PMP Content
- 8. Process Group 3 1 4 2 This is where the project is formally authorized by the sponsor, initial scope defined, and stakeholders identified Initiating through an iterative and more detailed planning process, called progressive elaboration, project documents are developed at a much more detailed level. Planning Here is where the project team starts doing the work of creating the deliverables while the project manager coordinates those resources. Executing processes required to track, review and regulate the progress; identify any areas in which changes to the plan are required; and initiate the corresponding changes. Monitoring & Controlling 5Formally close the project by archiving records, holding a lessons learned session, and celebrating and releasing the team. Closing
- 9. Knowledge Areas 01 02 03 04 Integration Management Scope management Procurement management Stakeholder management Develop Project Charter. Collect requirements Plan Procurement Identify stakeholders. Direct and manage projects Create WBS Conduct Procurement Manage stakeholders Perform Integrated change control. Control scope Control Procurement Monitor stakeholders
- 10. Knowledge Areas 05 06 Schedule Management Cost Management Define activities. Estimate costs Estimate activity duration Determine budget Develop and control schedule. Control costs
- 11. Knowledge Areas 07 08 09 10 Quality management Resources management Communication Management Risk Management Plan Quality Management Plan Resources Plan Communication Management. Perform quantitative risk analysis Manage Quality Estimate resources Manage Communication Perform qualitative risk analysis Control Quality Manage Team Monitor Communication Plan risk responses
- 12. Meet Our Team
- 13. Sample Questions Question 1 Your Provide a project cost estimate for the project sponsor. He is unhappy with the estimate, because he thinks the price should be lower. He asks you to cut 15 percent off the project estimate. What should you do? C) Inform the sponsor of the activities to be cut. B) Tell the team members to cut 15 percent from their estimate. A) Start the project and constantly look for cost savings. D) Add additional resources with low hourly rate. Choose one of the following:
- 14. Sample Questions Question 1 Your Provide a project cost estimate for the project sponsor. He is unhappy with the estimate, because he thinks the price should be lower. He asks you to cut 15 percent off the project estimate. What should you do? C) Inform the sponsor of the activities to be cut. B) Tell the team members to cut 15 percent from their estimate. A) Start the project and constantly look for cost savings. D) Add additional resources with low hourly rate. Choose one of the following: Correct Answer: C To answer this question, you must first realize that it is never appropriate for a project manager to just cut estimate across the board. You should have created a project estimate based on realistic work package estimate that do not include padding. Then, if costs must be decreased, you can look to cut quality, decrease risk, cut scope, or use cheaper resources (and at the same time closely monitor the impact of changes on the project schedule). One of the worst things a project manager can do is to start a project knowing that the time or cost for the project in unrealistic. Did you notice the choice of adding additional resources? Even though they have low hourly rates, that would add cost. Evaluating, looking for alternatives, and then reporting the impact of cost cutting to the sponsor is the best action to take.
- 15. Sample Questions Question 2 The cost performance index (CPI) of a project is 0.6 and the schedule performance index (SPI) is 0.71. The project has 625 work packages and is being completed over a four year period. The team members are very inexperienced and the project received little support for proper planning. Which of the following is the BEST thing to do? C) Remove as many work package as possible. B) Spend more time improving the cost estimate. A) Update risk identification and analysis. D) Reorganize the responsibility assignment matrix. Choose one of the following:
- 16. Sample Questions Question 2 The cost performance index (CPI) of a project is 0.6 and the schedule performance index (SPI) is 0.71. The project has 625 work packages and is being completed over a four year period. The team members are very inexperienced and the project received little support for proper planning. Which of the following is the BEST thing to do? C) Remove as many work package as possible. B) Spend more time improving the cost estimate. A) Update risk identification and analysis. D) Reorganize the responsibility assignment matrix. Choose one of the following: Correct Answer: A The project has deviated so far from the baseline that update risk identification and risk analysis should be performed.
- 17. Sample Questions Question 3 A project manager has finished the risk response plan for a $387,000 engineering project. Which of the following should he probably do next? C) Add work packages to the project work break down structure. B) Begin to analyze the risks that show up in the project drawings. A) Determine the overall risk rating of the project. D) Hold a project risk reassessment. Choose one of the following:
- 18. Sample Questions Question 3 A project manager has finished the risk response plan for a $387,000 engineering project. Which of the following should he probably do next? C) Add work packages to the project work break down structure. B) Begin to analyze the risks that show up in the project drawings. A) Determine the overall risk rating of the project. D) Hold a project risk reassessment. Choose one of the following: Correct Answer: C This situation is occurring during project planning. Planning must be completed before moving on. Determine the risk rating of the project is done during Perform Qualitative Risk Analysis, and should have already been done. Project risk reassessment occurs during Control Risks, the next step in the risk management Process after Plan Risk Responses. But the question does not ask what is next in the risk management process, just what is next. Adding work packages to WBS, as part of iterations, comes next in project planning.
- 19. 03 PDUs Professional Development Unit. What is PDU? 60 PDUs are required for each certificate renewal every 3 years. How many PDUs? You lose the certificate and have to write the exam again. No PDUs? To renew the PMP certificate and any other certificate from PMI. It will assure that you are continuing your education and keeping up to date with the latest project management trends. Why do I need PDUs?
- 20. Talent Triangle Course or Training- formal, online or informal Chapter meeting, attend a conference, give presentation Read, create content, online or digital media Giving back- Volunteer
- 21. Meet Our Team 04 Other Certificates Program Management Professional Managing multiple projects that serves one organizational goal. Managing a portfolio of projects that serves strategic objectives. Portfolio Management Professional Risk Management Professional Highlights your ability to identify and assess project risks, mitigate threats and capitalize on opportunities Agile Certified Practitioner Agile training working on Agile projects and examining Agile fundamentals and tools.
- 22. . Thank you