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To become a successful project management professional(I did not say Project manager), you need to be aware of best practices and more importantly bad practices so that you dont fall prey to them.PMP guidelines preaches these fundamentals. Following are the additional points for which people become PMP. PMP principles and methodologies are applicable to cross domain industries. PMP is recognized across multiple industry verticals. There are less than 10 lac PMPs across the globe. PMP are comparatively paid higher than their non PMP counterparts (if financial benefits interest you!)
PMP-Quick Facts
PMP exam is conducted by PMI(http://www.pmi.org). PMI conducts PMP exam across many global centers, in collaboration with Prometric test centers. You can apply anytime round the year, after fulfilling the PMP exam pre-requisites. Exam consists of 200 MCQs, with time limit of 4 hours, out of which 25 questions are not considered for evaluation. These questions are part of the Research work that PMI conducts through candidates (Bad thing..You dont know which these questions are). PMP exam costs $555 for a single attempt. Alternatively, if you purchase PMI membership for $129, the exam fee is reduced to $405. There is a limit of 3 attempts in a year(provided you qualify PMP pre-requisites). Post these 3 attempts youll need to wait for one year, before re-taking the exam.
Minimum 5 years/7,500 hours project management work experience(not necessarily Project manager role) 35 Contact hours of formal project management training.
What is PMBOK
PMBOK stands for Project Mangement Body of Knowledge This is a book published and maintained by PMI( currently Fourth edition is available) PMI publishes its principles and methodologies in this book and is the main reference material for PMP exam. PMBOK classifies the project management phases into Process Groups, Knowledge Areas and Processes. It has 5 Process Groups There are 9 Knowledge Areas There are 42 processes spanning across Process Groups and Knowledge Areas.
Knowledge Areas
Processes
Process Groups
Integration Management
Scope Management
Cost Management
Quality Management
Communications Management
Risk Management
Procurement Management
Planning
Develop Project Management Plan
Executing
Direct &Manage Project Execution
Closing
Close Project or Phase
Collect Requirements Defines Scope Create WBS Define Activities Sequence Activities Estimate Activity Resources Estimate Activity Duration Define Scope Estimate Costs Determine Budget Plan Quality Perform Quality Assurance Acquire Project Team Develop Project Team Manage Project Team
Control Costs
Communications Risk
Identify Stakeholders
Plan Communications
Report Performance
Plan Risk Management Identify Risk Perform Qualitative Risk Analysis Perform Quantitative Risk Analysis Plan Risk Response Plan Procurements Conduct Procurements
Procurement
Administer Procurements
Close Procurements
Table-1
Application Submission
(Once started on PMI site, the application should be completed within 90 days)
Thank You!
For Any Queries/Suggestions Please mail me at : pradeeppatelpmp@gmail.com
The explanation of the topics covered in the webinar are available at http://trainwithpradeep.webs.com/apps/blog/show/8626492-pmp-an-introduction