PMP RefresherPMP Refresher

Know the ExamNiraj Agarwal- Niraj Agarwal

Slide 1

AgendaAgenda Introductions

PMI

About

Membership

Credentials

CAPM

Audience

Eligibility & Fees

Exam

PMP

Why?Why?

Bytes

Timeline

PMBoK

Eli ibilit Eligibility

Application Process (Experience, Education, Audit)

Overview (Format, Passing, Fees, Changes)

Preparation

The Prize !

Slide 2

IntroductionsIntroductions

Niraj AgarwalNiraj Agarwal

PMI, PMP, CAPM & PMBOK are registered marks of the Project Management Institute, Inc. Please visit http://www.pmi.org/ to know moremore.

Slide 3

PMI (Project Management Institute)PMI (Project Management Institute)About

PMI, U.S.A., a non-profit professional association was founded in PMI, U.S.A., a non profit professional association, was founded in 1969 to establish Project Management standards, provide seminars, educational programs & professional certification. PMI has been acknowledged as a pioneer in the field of Project Management. PMI g p j gmembers are spread over the globe with more than 200,000 professionals, representing 125 countries. PMI professionals come from every major industry including, aerospace, automotive, business management, construction, engineering, financial services, information technology, pharmaceuticals, healthcare, and telecommunications.

Slide 4

PMIPMIMembership

PMI Membership provides many opportunities to advance your PMI Membership provides many opportunities to advance your Project Management knowledge and skills. Many have leveraged their PMI membership and certification to advance professional and career objectives. j

As a PMI member, you gain exclusive access to PMI publications and global standards, networking options with chapters and online communities of practice, and leadership and volunteer opportunities. communities of practice, and leadership and volunteer opportunities. You’ll also receive discounts on certification exams and renewals, as well as professional development offerings.

USD $129 to joinUSD $129 to joinUSD $119 to renew

Slide 5

PMIPMICredentials

Slide 6

CAPMCAPMAudience

• Project Team MembersProject Team Members

• Early stage project management practitioners who will use the CAPM as a stepping stone to the PMP

• Early stage project management practitioners who want to demonstrate a commitment to Project Management as a career path.

Slide 7

CAPMCAPMEligibility & Fees

Meet specific education requirementsMeet specific education requirements

- 23 hours of formal education in project management

OR

Meet specific experience requirements

- 1,500 hours of professional experience on a project management team

• Fee: $225 members, $300 non-members

R it $150 b $200 b• Rewrite: $150 members, $200 non-members

Slide 8

CAPMCAPMExam

• Pass a multiple choice examPass a multiple choice exam

• 150 multiple choice questions in 3 hours

• Questions are knowledge based on PMBoK

• You have one year from date approved to write the exam

• Allowed to hold the CAPM designation for a maximum of 5 years

Aft l f PMP tifi ti t k th CAPM • After 5 years apply for PMP certification or retake the CAPM exam

Slide 9

PMP (Project Management Professional )PMP (Project Management Professional )Why?

• Government, commercial and other organizations employ PMP Government, commercial and other organizations employ PMP certified project managers in an attempt to improve the success rate of projects in all areas of knowledge, by applying a standardized and evolving set of project management principles.

• Professionals obtain the credential to verify their proficiency in project management with an internationally accepted certificate.

• Contracts may require that project managers to be PMP® certified.

• Officially recognized by leading companies: PMP certification is officially recognized by several leading organizations (e.g. Microsoft, IBM, Intel, Wipro, Infosys etc to name a few)

• According to a 2007 PricewaterhouseCoopers survey, 80% of high-performing projects use a credentialed project manager.

• By attaining the PMP credential, your name will be included in they g , ylargest and most prestigious group of certified professionals

Slide 10

PMPPMPBytes

“

I wanted to be in project management and thru PMP , I could get to cover overall understanding of project management.

Also it has now gained popularity as more and more clients are looking forward to this certified project managers to execute projects.

So this provides an added advantage over non-PMP project managers. p g p j g

“

- Dipali Bhattacharya

Slide 11

PMP PMP Timeline

A dit PApplication Submission Window open 90 days

Audit Process(if application is selected)

5 business days

ApplicationCompleteness Review

b i d

Examination Eligibility 1 year

5 business days(when submitted online)

y(since application approval

date)

Applicant Payment Process

(cannot schedule exam until

Certification Cycle3 years

(from the date the exam is (you submit payment of

credential fees)

(from the date the exam is passed)

Slide 12

PMPPMPPMBOK® Guide

PMI Standards provide guidance for the practice Sta da ds p ov de gu da ce o t e p act ce of the profession. PMI members receive a copy of the latest version of A Guide to the Project Management Body of Knowledge (PMBOK® Guide) as FREE download Guide) as FREE download.

Is a recognized standard for the project management profession that describes the management profession that describes the norms, methods, processes and practices.

Evolved from the recognized good practices of project management practitioners who project management practitioners who contributed to the development of the standard.

Slide 13

PMP PMP Eligibility Requirements

S d di l (hi h h l di l )• Secondary diploma (high school diploma)

• 5 years project management experience with at least 7,500 hours spent leading and directing project tasks 7,5 p g g p jand 35 hours project management education

OR

• Bachelor’s degree or global equivalent

• 3 years project management experience with at least 4 500 hours spent leading and directing project tasks 4,500 hours spent leading and directing project tasks and 35 hours project management education

Slide 14

PMP PMP Document your Experience for the Application

Each month in which you worked on multiple overlapping projects Each month in which you worked on multiple, overlapping projects counts as one month toward the total requirement. In the following example, the project manager worked on Project 1 and Project 2 simultaneously February–April However the time spent on both simultaneously February April. However, the time spent on both projects counts as three, not six, months toward the total to fulfill the professional project management experience requirement.

Slide 15

PMP PMP Number of Hours that You Led or Directed Project Tasks

Consider all of the projects that you have worked on and identify how Consider all of the projects that you have worked on and identify how many hours you led or directed project tasks. For this section of the application, if you worked on multiple projects at one time, all the hours spent leading and directing project tasks count toward the totalspent leading and directing project tasks count toward the total.

Rule: Each work-week has a maximum of 40 hours even if you worked on three projects simultaneously.

Easy-to-use template available at our PMP Square:

Application-ExperienceAndEducation-Template xlsxApplication-ExperienceAndEducation-Template.xlsx

http://groups.pwc.co.in/web/pmp-square/resources

Slide 16

PMP PMP Contact Hours of Project Management Education

Verify at least 35 contact hours of specific instruction that addressed Verify at least 35 contact hours of specific instruction that addressed learning objectives in project management. Document all education hours regardless of when they were accrued.

The course hours may include content on project quality, project scope, project schedule project budget project communications project risk project schedule, project budget, project communications, project risk, project procurement, and project integration management.

You can satisfy the educational requirements by demonstrating the successful completion of courses, workshops and training sessions offered b f h f ll i f d i idby one or more of the following types of education providers:

A. PMI Registered Education Providers (R.E.P.s)*

B. PMI Component organizations*

C. Employer/company-sponsored programs

D. Training companies or consultants

E. Distance-learning companies, including an end-of-course assessment

F. University/college academic and continuing education programs.

Slide 17

PMP PMP Audit Process

• All applications are subject to an audit• All applications are subject to an audit.

• The selection of an application for audit is random.

• If your application is selected for an audit, you will be notified after payment of the credential fee is receivedpayment of the credential fee is received.

• During an audit, you will be asked to submit supporting documentation such as:

C i f di l / l b l i l t- Copies of your diploma/global equivalent

- Signatures from your supervisor(s) or manager(s) from the project(s) and/or program(s) documented in the experience verification section of the applicationof the application

- Copies of certificates and/or letters from the training institute(s) for each course documented on the application to meet the required contact hours of project management educationp j g

Slide 18

PMP PMP Audit Process

Slide 19

PMP PMP Audit Process

Slide 20

PMP PMP Exam Overview

The PMP exam is based on six performance domains (five project The PMP exam is based on six performance domains (five project management process groups plus professional responsibility)*:

1. Initiating 2. Planning3. Executing 4. Monitoring and Controlling5. Closing 6. Professional and Social Responsibility

The Exam also covers nine project management knowledge areas (which have 42 processes)*:have 42 processes) :

1. Integration 2. Scope3. Time 4. Cost5. Quality 6. Human Resource

k7. Communications 8. Risk9. Procurement

The exam consists of 200 multiple choice questions written against this The exam consists of 200 multiple choice questions written against this specification and must be completed in four hours.

Slide 21

PMP PMP Exam Format

PMP Examination constructed based on the PMP ExaminationPMP Examination constructed based on the PMP ExaminationSpecification. The Exam specification details the percentage ofquestions that are contained in each process group as follows:

Initiating 11% 22 Questions approx.

Planning 23% 46 Questions approx.Planning 23% 46 Questions approx.

Executing 27% 54 Questions approx.

Monitoring & Controlling 21% 42 Questions approx.

Closing 09% 18 Questions approx.

Prof & Social Responsibilities 09% 18 Questions approx.

Slide 22

PMP PMP Passing score for the Exam

To pass the PMP® exam you have to answer at least 106 questions To pass the PMP® exam, you have to answer at least 106 questions (61%) correctly out of 175 graded questions on the test.

The printed score report lists each domain with one of three possible fi i l lproficiency levels:

• Proficient

• Moderately ProficientModerately Proficient

• Below Proficient

Slide 23

PMP PMP Fees & Reexamination

• During the 1 yr eligibility period you may take the examination up to • During the 1-yr eligibility period, you may take the examination up to three times.

• Reexamination fees apply to the second and third attempts to pass h i ithe examination.

• If you fail the examination three times within their one-year eligibility period, you must wait one year from the date of the last examination you took to reapply for the credential.

Slide 24

PMP PMP Fees & Reexamination

• During the 1 yr eligibility period you may take the examination up to • During the 1-yr eligibility period, you may take the examination up to three times.

• Reexamination fees apply to the second and third attempts to pass h i ithe examination.

• If you fail the examination three times within their one-year eligibility period, you must wait one year from the date of the last examination you took to reapply for the credential.

Slide 25

PMP PMP Exam Changes

On October 6th of 2010 PMI announced that based on an extensive • On October 6th of 2010, PMI announced that based on an extensive Role Delineation Study, the role of the Project Manager has changed—and the PMP® examination must be updated.

I h l b l k l h PMP d i l’ di i d • In the global marketplace, the PMP credential’s accreditation under ISO 17024 provides a distinctive differentiation — and this accreditation also requires that it conducts the RDS

• A new version of the PMP® exam will be placed into worldwide use for any and all PMI® credential examinations taken on or after August 31st, 2011.

• Exam takers should continue to reference A Guide to the Project Management Body of Knowledge—Fourth Edition (2008) until a new PMBOK® Guide is released, sometime in 2012.

Slide 26

PMP PMP Exam Changes

According to PMI approximately 30% of the PMP exam content will • According to PMI, approximately 30% of the PMP exam content will change as a result of new or substantial changes to reflect the project manager's role as defined by the recent study.

Th d i d i li ibili i f h i i • The education and experience eligibility requirements for the existing PMP examination remain appropriate and will not be changed.

• PMI did not address changes to the passing score in its communication.

• Sit for the CURRENT version of the exam if it is possible to do so, to avoid any new exam-related issues that may occur., y y

Slide 27

PMP PMP How to Prepare

Become a PMI Member and Member of your local PMI Chapter• Become a PMI Member and Member of your local PMI Chapter

• Read the PMBOK® Guide. Twice.

• Supplement reading withpp g- Boot camp training and/or- Self study with other reference books and/or on-line courses.- Study Groups

• According to PMI, the targeted rate of success (i.e. percentage of candidates passing vs. failing) is low 70 percentile.

Slide 28

PMP PMP Study Groups – Why ?

Great way to learn and have fun learning• Great way to learn and have fun learning

• Review the material with people who have a different perspective

• Exchange ideasg

• Get your questions answered

• Share experiences

• Network with a peer group

• Peer pressure to maintain a study schedule

Slide 29

PMP PMP Study Groups – Approach

• Meet no less than once per week• Meet no less than once per week

- Plan for 2 hours per meeting

- Convenient time & location

- No distractions

• Plan for a minimum of 1 meeting per PMBOK section

- 9 knowledge areas & intro 12 weeks- 9 knowledge areas & intro, 12 weeks

- Add couple of more weeks for organization and review

Slide 30

PMP PMP Study Groups – Agenda

• Every member reads all study material for the section• Every member reads all study material for the section

- Review PMBOK section material first

- You must know Processes, Inputs, Tools & Techniques, Outputs, p , q , p

- Discuss main concept & principles, formulas

• Establish reading material to be covered for following week

• Questions, questions, questions!!!

- Each member creates 5 - 10 questions prior to meeting each week and should include additional questions from various resource a d s ou d c ude add t o a quest o s o a ous esou ce materials

Slide 31

PMP PMP Here is yours !

Slide 32

Thank You!Thank You!