PMP Certification Overview

PMP® Prepfast : PMP® Prepfast Instructor-led PMP Exam Prep Course (2-days weekend - Toronto) Dean Grover – PMP® Instructor

PMP® Certification : PMP® Certification Gold standard for PM certifications Widely accepted, Adopted by IEEE and ANSI as PM standard Backed by PMI, a 40year old non-profit organization It’s a proof of your PM expertise Requires Knowledge, Patience and Experience to get PMP Improves chance of Better salary* PMP credential holders earn an average salary of about 100k* 15.6 percent higher than non-credentialed colleagues with same experience* More Job Opportunities Desired requirement for a PM job – gets an edge Increasingly essential requirement for a PMO based organization Greater respect from management and colleagues * Data from Certification Magazine, USA– 2006/2009

PMP Exam - Eligibility : PMP Exam - Eligibility 3 years / 4500 hours of PM Experience (non-overlapping) with a Bachelors or higher education 5 years / 7500 hours, with high school or equivalent 35 hours of PM Education, e.g. Formal college education in Project Management Company-sponsored Programs Courses offered by training companies or consultants E.g. This bootcamp Courses by distance education training with end of course assessment Doesn’t count Self Study PMI Chapter meetings

Obtaining PMP® Credential : Obtaining PMP® Credential Apply for PMP Credential Application completeness Review (by PMI) Pay the Exam fee Audit Process (random) Exam Eligibility (1 year) Maintain Certifications (60 PDUs) approved Random Selection Eligible for exam PMP certificate awarded Online Or Paper-based 1-2 days 5 business days About 10 days

Slide 5 : PMP®Topics Knowledge Areas

Slide 6 : PMP® Topics Executing Planning Monitoring and controlling Initiating Closing Project Phases Knowledge Areas

Project Management Processes, Process Groups and Knowledge Areas : Project Management Processes, Process Groups and Knowledge Areas Initiating Planning Executing Controlling Closing Integration Scope Time Cost Risk Communications Quality Procurements Human Resources 5 process groups 9 knowledge areas Project Management Processes (42)

Example of PM process : Example of PM process Develop Project Charter . Contract . Project Statement of work . Business case . Organizational Process Assets . Enterprise Environmental Factors Inputs Collect Requirements Define Scope Identify Stakeholders Develop PM Plan Output . Project Charter Other processes Tools and Techniques . Expert Judgment ITTOs

Another PM process : Another PM process Identify Stakeholders . Project Charter . Procurement Documents . Organizational Process Assets . Enterprise Environmental Factors Inputs Collect Requirements Plan Quality Identify Risks Plan Communications Output . Stakeholder Register . Stakeholder Management strategy Output is Input to other processes Tools and Techniques . Stakeholder Analysis . Expert Judgment Manage Stakeholder Expectations

Expected Type of Questions : Expected Type of Questions Situational Questions Process, ITTOs, Inter-process relations Calculations – Cost, Time, Status etc Professional Ethics Communications

Example Question : Example Question Which process is applied to break down the project into smaller more manageable elements? Scope Planning. Activity Duration Estimating Scope Definition Scope Verification Process Understanding

Example Question : Example Question Which process is applied to break down the project into smaller more manageable elements? Scope Planning. Activity Duration Estimating Scope Definition Scope Verification Process Understanding

Example Question : Example Question Which of the following Tools and Techniques are part of Risk Management Planning? Risk planning meetings. Documentation reviews. Data precision rankings. Diagramming techniques. ITTO – Input-Tools-Techniques-Outputs

Example Question : Example Question Which of the following Tools and Techniques are part of Risk Management Planning? Risk planning meetings. Documentation reviews. Data precision rankings. Diagramming techniques. ITTO – Input-Tools-Techniques-Outputs

Example Question : Example Question In the following network logic diagram start dates are defined as early morning, finish dates are evening. If tasks are scheduled to begin at early start date, what is true? Activity B has a free float of 10 d. Activity B has a total float of 10 d. Activity A has a free float of 10 d. Activity A has a total float of 10 d. Time Calculations

Example Question : Example Question In the following network logic diagram start dates are defined as early morning, finish dates are evening. If tasks are scheduled to begin at early start date, what is true? Activity B has a free float of 10 d. Activity B has a total float of 10 d. Activity A has a free float of 10 d. Activity A has a total float of 10 d. Time Calculations

Example Question : Example Question Cost Variance: +120,000; Schedule Variance: +100,000. Cost Variance : +100,000; Schedule Variance : +120,000. Cost Variance : -100,000; Schedule Variance : -120,000 Cost Variance : -120,000; Schedule Variance : -100,000. During a software project Earned Value Analysis is performed and gives the following results: Earned Value: 523,000 Planned Value: 623,000 Actual Cost: 643,000 Which results are correct? Cost Calculations

Example Question : Example Question Cost Variance: +120,000; Schedule Variance: +100,000. Cost Variance : +100,000; Schedule Variance : +120,000. Cost Variance : -100,000; Schedule Variance : -120,000 Cost Variance : -120,000; Schedule Variance : -100,000. During a software project Earned Value Analysis is performed and gives the following results: Earned Value: 523,000 Planned Value: 623,000 Actual Cost: 643,000 Which results are correct? Cost Calculations

Example Question : Example Question All of the following statements concerning project stakeholders are true except Differences between or among stakeholders should be resolved in favor of the customer. Managing stakeholder expectations may be difficult because stakeholders often have very different objectives, that may come into conflict. Project stakeholders may influence the course of the project and its results. Differences between or among stakeholders should be resolved in the most cost efficient manner consistent with project objectives. Experience – Multiple answers may appear correct

Example Question : Example Question All of the following statements concerning project stakeholders are true except Differences between or among stakeholders should be resolved in favor of the customer. Managing stakeholder expectations may be difficult because stakeholders often have very different objectives, that may come into conflict. Project stakeholders may influence the course of the project and its results. Differences between or among stakeholders should be resolved in the most cost efficient manner consistent with project objectives. Experience – Multiple answers may appear correct

Example Question : Example Question During execution of a project which is performed for a customer on a T&M (Time and Material) contract base a new project manager is taking over the assignment. He discovers that two members assigned to the project have charged time without performing any work. Upon further investigation, he determines that this occurred because there were no other project assignments available for these people. The customer is unaware of these facts. What should the project manager do? Try to find some productive work for these staff members in the project and leave them on the team. The best thing is to do nothing. The customer will not realize the problem anyway. Try to find a responsible person for the over-assignment who can be made accountable. Take the two people off the team immediately and arrange for the refund of the excess charges to the customer. Ethics and Professional Responsibility

Example Question : Example Question During execution of a project which is performed for a customer on a T&M (Time and Material) contract base a new project manager is taking over the assignment. He discovers that two members assigned to the project have charged time without performing any work. Upon further investigation, he determines that this occurred because there were no other project assignments available for these people. The customer is unaware of these facts. What should the project manager do? Try to find some productive work for these staff members in the project and leave them on the team. The best thing is to do nothing. The customer will not realize the problem anyway. Try to find a responsible person for the over-assignment who can be made accountable. Take the two people off the team immediately and arrange for the refund of the excess charges to the customer. Ethics and Professional Responsibility

Example Question : Example Question Regarding management and leadership all of the following are true except On a project, particularly a larger project, the project manager is generally expected to be the project's leader as well Technical leadership is of primary importance in project management Managing is primarily concerned with consistently producing key results expected by stakeholders Leading involves establishing direction, aligning people, motivating and inspiring

Example Question : Example Question Regarding management and leadership all of the following are true except On a project, particularly a larger project, the project manager is generally expected to be the project's leader as well Technical leadership is of primary importance in project management Managing is primarily concerned with consistently producing key results expected by stakeholders Leading involves establishing direction, aligning people, motivating and inspiring

PMP Exam Structure : PMP Exam Structure Total Questions – 200 (175 + 25 unaccounted) Total Time – 4 hours (240 mins) Passing % - 61% (actual 68.5%) Format - multiple choice, one answer About 80 seconds for each Question Real test of Patience, Experience and Knowledge

How do you prepare? : How do you prepare? Need to have Project Management experience Understand the Knowledge Areas and Process Groups And how they connect Learn PMI’s perspective and terms Learn Tricks and Tips Practice the Questions

How do you prepare? : How do you prepare? Need to have Project Management experience Understand the Knowledge Areas and Process Groups And how they connect Learn PMI’s perspective and terms Learn Tricks and Tips Practice the Questions We Help you here

Why us for PMP? : Why us for PMP? Major Factors Efficient use of Time We use weekends, don’t waste your whole week Efficient Course Material for Preparation Concise 60 pages and over 400 Questions Fee is way less than of the competitive pricing $850 only Help with PMI Application Post-Bootcamp support One-to-one support using phone, and emails Low number of seats per batch Only 6-8 seats Greater Interaction Passing Guarantee If you don’t pass the exam, Attend the subsequent boot camps free-of-cost

Timeline : Timeline File Application PMP Bootcamp Prepare for Exam Discuss queries on forum, mail or phone Exam 2-4 weeks Assess your Readiness Assume 10% increase in readiness every week – With 2 hrs/day of study Give Exam when you Score 80% + in Simulated tests

PMP - Bootcamp : PMP - Bootcamp Day 1 PMP Framework Integration Management Scope Management Exam Questions <> Time Management Cost Management Calculations Exam Questions

PMP - Bootcamp : PMP - Bootcamp Day 2 Risk Management Quality Management Human Resource Management Exam Questions <> Procurement Management Communication Management Exam Questions PMI Application Help

PMP Bootcamp Material : PMP Bootcamp Material During the Bootcamp – Study Material PMP Exam study notes – 60 pages 400 example questions Copy of PMBOK® Guide - PMI’s official guide All in a white binder, with notebooks and Pen After the Bootcamp Certificate of 35-hour Project Management Training Queries & Discussions – mail, phone, forum

Getting Started : Getting Started Course Fee - $850 Payment through Check, Bank Transfer or Paypal [Credit Card] Checks in name of – 678852 Canada Inc. Paypal ID – training@mcomtraining.com Interac Transfer ID – training@mcomtraining.com Call for Enquiries at 647-228-0709 (Dean) Refer your friends or colleagues – get $50 cash back for each referral signup