• Post category:StudyBullet-16
  • Reading time:23 mins read


Don’t Just Learn the Project Management, Become Job-Ready and Pass the PMP exam in one go.

What you will learn

Introduction to the PMP certification exam. Exam prep tips. Updates on the examination. Types of questions. Application prerequisites.

Introduction to project management. Definition of management. Overview of project life cycles. Role of a project manager.

Understanding project management knowledge areas.

Specifics on developing a project management plan, managing project knowledge, integrated change control, collecting requirements, creating a WBS etc

Introduction to Agile methodology. Overview of Agile principles. Explanation of Scrum, roles, responsibilities, stakeholder engagement, Agile charter etc

Overview of the Program Manager’s mindset. Consideration of professional ethics. Integration, schedule, and communications

Description

The Project Management Professional (PMP) certification exam is a globally recognized and highly demanded credential for project managers. Administered by the Project Management Institute (PMI), the PMP certification is considered the gold standard in project management.

Key points about the PMP Certification Exam:

  1. Recognition and Demand: The PMP certification is widely recognized and sought after by organizations worldwide. It validates an individual’s competence to lead projects and teams effectively in the role of a Project Manager.
  2. Global Scope: PMP-certified professionals can be found leading projects in nearly every country. The certification has a global appeal, making it valuable for project managers working in diverse international settings.
  3. Formal Credential: The PMP certification is the second of three formal credentials administered by the PMI. It signifies a project manager’s commitment to professional development and adherence to industry standards.

Obtaining the PMP certification involves passing a rigorous exam that assesses a candidate’s knowledge and skills in various aspects of project management, as outlined by the PMI’s Project Management Body of Knowledge (PMBOK).

The eligibility requirements and steps for applying for the Project Management Professional (PMP) certification. Here’s a summary:

Eligibility Requirements: To be eligible for the PMP certification, candidates must meet the following requirements:

  1. Possess a secondary degree, such as a high school diploma, associate’s degree, or equivalent.
  2. Accumulate a minimum of five years of project management experience.
  3. Acquire hands-on experience by leading and directing projects during the five years.
  4. Log a minimum of 7,500 hours actively involved in leading and directing projects.
  5. Emphasis on practical experience to apply theoretical project management concepts in real-world scenarios.

How to Apply for PMP Certification – Step-by-Step Guide:

  1. Check Your Eligibility:
    • Ensure that you meet all eligibility criteria, including project management education and work experience.
  2. Create Your PMI Account:
    • Visit pmi. org and create an account to access necessary forms and resources for the application.
  3. Complete the Online Application:
    • Fill out the PMP certification application thoroughly with accurate and well-documented information.
  4. Submit Your Application:
    • Review your application carefully before submitting it online through PMI’s website.
  5. Pay Examination Fee:
    • After PMI accepts your application, follow online instructions to pay the examination fee.
  6. Schedule Your Exam:
    • Upon fee payment, schedule your exam at one of PMI’s authorized testing centers based on availability and convenience.

Following these steps will streamline the PMP certification application process and bring you closer to achieving this esteemed credential. It’s a significant milestone in your career journey, and preparation is key to success. Good luck on your PMP certification journey!

Great tips for preparing for the PMP exam! Here’s a summarized version:

Tips for Preparing for the PMP Exam:


Get Instant Notification of New Courses on our Telegram channel.


  1. Understand the Exam Format:
    • The PMP exam consists of 200 multiple-choice questions based on the PMBOK Guide and distributed across five process groups.
  2. Review the PMBOK Guide:
    • Familiarize yourself with the PMBOK Guide, emphasizing key concepts, processes, and ITTOs (Inputs, Tools & Techniques, Outputs).
  3. Create a Study Plan:
    • Develop a study plan with dedicated time for preparation, setting achievable goals and milestones to track progress.
  4. Utilize Reliable Study Materials:
    • Use reputable materials like textbooks, online courses, practice exams, and reference guides designed for PMP certification preparation.
  5. Take Practice Exams:
    • Practice with mock exams to simulate real conditions, identify areas for improvement, and strengthen your skills.
  6. Join Study Groups or Forums:
    • Engage with other PMP aspirants in study groups or online forums to gain insights and support throughout your preparation.
  7. Apply PMBOK Concepts Practically:
    • Apply project management concepts in real-life scenarios to solidify your understanding of principles.
  8. Time Management is Key:
    • Develop good time management habits during preparation to allocate time effectively during the exam.

Remember to meet eligibility requirements, create a focused study plan, and use reliable materials. Taking practice exams, understanding the question format, and managing time effectively during the test are crucial. Joining study groups can provide additional insights and support. Best of luck on your PMP certification journey!

Find below outline of topics related to PMP (Project Management Professional) certification. Here’s a brief overview based on the outlined sections:

1. PMP Examination Overview:

  • Introduction to the PMP certification exam.
  • Exam prep tips.
  • Updates on the examination.
  • Types of questions.
  • Application prerequisites.
  • Examples from PMI. ORG.
  • Tips for the exam.

2. Domains and Their Associated Tasks:

  • Overview of the PMP exam outline domains.
  • Detailed breakdown of Domain 1 (People) and Domain 2 (Process).
  • Exploration of Domain 3 (Business Environment).

3. Defining Project Management:

  • Introduction to project management.
  • Definition of management.
  • Overview of project life cycles.
  • Role of a project manager.

4. Project Management Knowledge Areas:

  • Understanding project management knowledge areas.
  • Specifics on developing a project management plan, managing project knowledge, integrated change control, collecting requirements, creating a WBS, project scheduling management, and more.

5. Agile Management:

  • Introduction to Agile methodology.
  • Overview of Agile principles.
  • Explanation of Scrum, roles, responsibilities, stakeholder engagement, Agile charter, and communication types.
  • Problem-solving in Agile.

6. The Program Manager’s Mindset:

  • Overview of the Program Manager’s mindset.
  • Consideration of professional ethics.
  • Integration, schedule, and communications in the program manager’s mindset.

It covers a comprehensive range of topics related to PMP certification, including examination details, project management fundamentals, knowledge areas, Agile methodologies, and the program manager’s mindset.

English
language

Content

PMP Certification 2024

PMP Exam Overview
Examination Updates
Types of Questions
Types of Questions Continued
Application Prerequisites
Application Prerequisites Continued
Example PMI.ORG
Example PMI.ORG Continued
Tips
PMP Exam Outline Domains
Domain 1 People Part 1
Domain 1 People Part 2
Domain 1 People Part 3
Domain 1 People Part 4
Domain 1 People Part 5
Domain 2 Process Part 1
Domain 2 Process Part 2
Domain 2 Process Part 3
Domain 2 Process Part 4
Domain 2 Process Part 5
Domain 3 Business Environment
Defining Project Management
Defining Management
Defining Management Continued
Project Life Cycle
Role of a PM
Project Management Knowledge
Developing Project Management Plan
Manage Project Knowledge
Perform Integrated Change Control
Collect Requirements
Create WBS
Project Scheduling Management
Tools and Techniques
Sequence Activities
Estimate Activity Duration
Develop Schedule
Project Cost Management
White Board
Estimate Costs
Determine Budget
White Board Part 1
White Board Part 2
Project Quality Management
Plan Quality Management
Manage Quality
Plan Resources Management
Acquire Resources
Project Communication Management
Plan Communication Management
Monitor Communication
Plan Risk Management
Perform Qualitative Risk Analysis
Plan Risk Responses
Project Procurement Management
Plan Procurement Management
Conduct Procurement
Project Stakeholder Management
Plan Stakeholder Management
Agile Methodology
Introduction to Agile
12 Guiding Principles
Defining Scrum
Roles and Responsibilities
Agile Stakeholder Engagement
Educating Stakeholder
Agile Charter
Green Zone and Red Zone
Types of Communication
Planning
Problem Solving
Pm Mindset
Professional Ethics
Agile Mindset
Integration
Schedule
Communications

Project Management Professional Supplementary Studies

Introduction to Project Management
Characteristics of Project
Project Exist in Program
Project Exist in Portfolio
Diffrence Between Project and PMO
Organizational Structure
Process Groups
knowledge Groups
OPA and EEF
OPA and EEF Continue
Project Constraints
Introduction to Stakeholder
Introduction to Stakeholder Continue
Identify Stakeholders
Data Gathering
Plan Stakeholder Engagement
Plan Stakeholder Engagement Continue
Manage Stakeholder Engagement
Manage Stakeholder Engagement Continue
Monitor Stakeholder Engagement
Stakeholder are Monitored and Controlled
Procurement Management High Level Process
Procurement Management High Level Process Continue
Plan Procurement Management
Plan Procurement Management Continue
More on Plan Procurement Management
Types of Contracts
Contact vs.Agreement
Conduct Procurement
Conduct Procurement Continue
Control Procurement
Control Procurement Continue
Introduction to Risk Management
Risk Averse and Repeat
Plan Risk Management
Tool and Risk Categories
Risk Break Down Structure
Identify Risks
Identify Risks-Tool
Priority of Identified Risk
Stakeholder Register
Subjective Evaluation of Risk
Impact Could be Calculated
Tool Used in Data Analysis
Tornado Diagram
Perform Quantitative Risk Analysis
perform Quantitative Risk Analysis Continue
Strategies for Risk Responses
Strategies for Risk Responses Continue
AllAbout Options and Actions
Decrease Negative Risk and Increase Positive Risk
Execution Process of Risk
Monitoring
Controlling of Risk Mangement Life Cycle.
Introduction to Comunication Management
Verbal and Non Verbal
Plan communications Mangement
Communication Planning for the Project
Manage Communications
Risk Report
Conflick Management
Monitor Communications
Controlled Throughout Project
Communication Requirement Analysis
Introduction to Resource Management
Reporting Structure
Staffing Management Plan
Work Breakdown Structure
Estimate Activity Resources
Estimate Activity Resources Continue
Acquire Team
Acquire Team Continue
Herzbergs Theory
Responsibility Assignment Matrix
Develop Team
Motivation Factor
Develop Team-Tools
Manage Team
Conflict Management
Control Resources
Control Resources tools and Techniues
Maslows hierarchy of Needs
McGregors Theory of X and Y
Intoduction to Quality Management
Plan Quality Management
Quality Process
Basic Quality Tools
Manage Quality
Quality Factors
Control Quality
How Monitoring and Controlling
Introduction to Cost Management
How Cost will be Planned
What Parameters Needs to be Considered
Estimate Cost
Estimate Cost Continue
More on Estimate Cost
Cost Aggregation and Reserve Analysis
Determine Budget
Determine Budget Continue
Control Cost
Control Cost Contiue
Introduction to Earned Value Measurement
Example of EVM
EVM Calculation Wall Example
EVM Calculation CV SV CPI SPI
EVM Calculation EAC ETC VAC TCPI
EVM Estimate at Completion(EAC)
Summary of EVM Values
Introduction to Schedule Management
Development Approach
Plan Schedule Management Tools and Techniques
Define Activities
Define Activities Continue
Sequence Activities
Sequence Activities Continue
Estimate Activity Duration
Parametric Estimate
Develop Schedule
Schedule Network Analysis
Schedule Compression
Monitoring the Project and Managing Changes
Work Perform Data
Control Schedule Tools
Precedence Diagramming Method
Critical Path Method Example
Plan Scope Management
Creation of Scope Management Plan
Collect Requirements
Collect Requirements Tools and Technique
Create Scope Statement
Define Scope
Constraints and Assumptions
Create WBS
Scope Baseline Gets Created
Validate Scope
Control Scope
Develop Project Charter
Project Management Prespective
Develop Project Management Plan
How Subsidary Plans
Baselines and Additional Plans
Direct and Manage Project Work
Performed in Execution Process
Approve Change Requrest are Added as Input
Manage Project Knowledge
Project and Organization
Monitor and Control Project Work
Which will Communicate Data to Stakeholders
Perform Integrated Change Control
Perform Integrated Change Control Continue
Close Project or Phase
Close Project or Phase Continue
Summary of Project Integration

Expert Project Management (PMP)

Introduction to Expert Project Management
Basic Project Management
Negative Perception About Management Field
What is Expert Management
Prioritizing and Best Tools
Question Time
Getting Things
Why Plan
How to Plan
How to Plan Continue
Items need to be Achievable and Measurable
Practical and Logical
Identifying Dependency
Resource Dependency
Estimating
Estimating Continue
Estimating Time
Add Contingency
Project Risks
Good Administration
Effective Delegation and Administration
WBS Aligns with Scope and Gantt Chart
Plan Reviews
Dealing with Deadlines

Financial Concepts for Project Management

Introduction to Financial Statements
Description on Project Manager
Understanding Financial Statement
Objectives of Financial Statements
Balance Sheet and Income Statement
Understanding Intangible Assets
Understanding Income Statement
Case Study on Income Statement
Deriving the Gross Margin
Measuring Growth of the Project
Cash Profit vs Book Profit Analysis
Cashflow as a part of Financial Statement
Cashflow at Organization Level
Cashflow at the Project Level
Strategies to Enhance Cashflow Position
Understanding Return on Investment
Capital Expenditure and Operating Expenditure
Steps for Performance Management
Concept of Project Valuation
Different methods of project evaluation
Understanding concept of Present Value
Net present value
Present and future value table
Internal Rate of Return
Method of payback period
Evaluating the net annual cashflow
Analysis Discounted Cashflow
Oppurtunity cost analysis
Earned Value Analysis
Computation of the variances
Forecasting
Budgeting
Understanding Setting Budget
Analyzing Variance