Project Management Institute (PMI)

(www.pmi.org)

Overview
ISDS 4113
Jim Love (Adapted from S. Pawlowski)

PMI Membership

700,000+ professionals

(was 200,000+ in Spring 2007; 240,000+ in Spring 2008; 265,000 in Spring 2009)

180+ countries Every major industry including: aerospace, automotive, business management, construction, engineering, financial services, information technology, pharmaceuticals, healthcare, and telecommunications. Student membership fee - $32 (+ $10 application fee)

Regular membership fee - $129

Additional fee to join a local chapter - $30
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Communities of Practice (CoP)

Members may join as many CoPs as they want without any additional charge

Members interested in a specific topic/industry, e.g.,

China Project Management eBusiness

Financial Services Industry

Information Systems (http://is.vc.pmi.org/Public/Home.aspx) Innovation and New Product Development Leadership in Project Management Oil, Gas and Petrochemical Transportation Services & Outsourcing
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Other services
Colleges Members interested in developing a particular area of knowledge related to project management (e.g., scheduling, performance management) Training/seminars, e.g., Project Portfolio Management: Selection, prioritization and management Project Leadership

Chapters

Baton Rouge Chapter

Website: www.pmibatonrouge.org 2008 State of the Baton Rouge Chapter Report

157 members
72 members are Project Management Professionals (PMP)
1 member is a Certified Associate in Project Management (CAPM) 1 member is Program Management Professional (PgMP)

New Orleans Chapter: http://www.pmigno.org/

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Baton Rouge Chapter Monthly Dinner Meetings (5:30-8:00 p.m. at DeAngelos on Jefferson Highway;
$25 for members & $30 for non-members)

Example topic:

A Nurturers Code to Live by for Developing Leaders Presented by: Brian Voss, Vice Chancellor for Information Technology, Louisiana State University
With their hit song "Teach Your Children," Crosby, Stills and Nash, have a few pointers for today's leaders. We have all, at some point been fed on the dreams of others and benefited from the guidance by someone who helped us learn the ropes. The way in which benefits are imparted covers a vast and sometimes contradictory range of styles and techniques. Life consistently shows there is no single effective style of successful leadership - and thus there is no single successful style for mentoring or influencing the behaviors for becoming a leader. The two key ingredients in mentoring is the mentor and the recipient of the mentoring. Each pairing is as different as fingerprints and hence there is no single approach to rely upon to produce the desired results in all situations. With this understanding, we can examine an approach for developing leaders and hearing from one who was on the road with a nurturer's code to live by.
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PMI Certifications
http://www.pmi.org/CareerDevelopment/Pages/Obtaining-Credential.aspx

PMI Certifications
http://www.pmi.org/CareerDevelopment/Pages/Obtaining-Credential.aspx

Certified Associate in Project Management

(CAPM) Credential
Project Management Professional (PMP)

Credential
Program Management Professional (PgMP)

Credential

Certified Associate in Project Management (CAPM) Credential

Completion of ISDS 4113 meets the Option 2 requirement.

Certified Associate in Project Management (CAPM) Credential

Designed for: project team members entry-level project managers project management undergraduate and graduate students
CAPM test 3 hours (150 questions multiple

choice)
uses the PMBOK Guide (Project Management Body of Knowledge) as the only source Exam cost = $225 for members; $300 for nonmembers

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Project Management Professional (PMP) Credential

36 months of project management experience within the 8-year period prior to the application 4-hour exam on the Project Management Body of Knowledge (PMBOK) (200 questions) $405 for members

Completion of ISDS 4113 meets the PM education requirement.

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Program Management Professional (PgMP)

Experience over the last 15 years 4 hour exam 170 questions Panel Review: Team of colleagues and peers evaluate your performance as a program manager Online multi-rater assessment

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Other Credentials
Risk Management Professional (RMP) Scheduling Professional (SP) Agile Certified Practitioner (ACP)

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PMP Return on investment of your time and money?

A PMP increases your salary up to 10%

more than your non-credentialed colleagues and peers. (PMI Salary Survey Sixth Edition)
From an article in Certification Magazine (2007) (Up-to-Date: Earning the Certs and Market Demands):

The PMP has become very important for IT professionals in a team-lead or managerial role

The PMP can solidify a leadership or managerial position and help move you up the managerial ladder
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Project Management Professional (PMP)

Wall Street Journal, 2010

Some companies are requiring their employees to get the PMP certification Most popular credential is the PMP; CAPM is the fastest-growing credential Certification can be what sets applicants apart At IBM, hiring managers will only seriously consider project manager applicants with a PMP certification NASA also only employs certified project managers In many cases, companies will reimburse employees for the exam and study material costs Recent study by PMI found managers with a PMP earned more than $100K, while those who werent certified earned about $93K
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Some advice from a former MBA student who received the CAPM certification

The class helped a lot in understanding the basics planning, scheduling, teamwork, etc. The hardest part was to learn the inputs and outputs of every phase of the project, they are VERY picky on that - e.g. Inputs and outputs of planning, initiating, executing, etc. There were also quite a few critical path calculations, variances, etc.

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Some advice from a former student who received the CAPM certification

Some tips:
Become a PMI member while you're a student. It's cheaper and you get a discount on the exam - plus you get access to some material including the PMBOK 4th edition. Use the PMBOK as a guide to see what areas they test - this is very high level so dont use it as a sole resource to study One book to help prepare: "PMP in Depth: Project Management Professional Study Guide for PMP and CAPM Exams by Paul Sanghera" Focus on the summaries at the end of each chapter - where it summarizes inputs and outputs quite well. It also includes practice questions. (Note: Other popular PMP prep books

are by Rita Mulcahy and Andy Crowe.)

Search for practice exams on Google will give you a sense of how prepared you are to take the exam.

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Note
The purpose of this class is to cover the

basic knowledge and skills for effective project management

It is not a preparation course for the PMI certification exams However, it will provide an introduction to the body of knowledge that is the basis for the PMI CAPM and PMP certification tests One of the exercises you will do for this class will give you an opportunity to try a practice exam

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