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PMI, PMP and PMBOK are registered marks of the Project Management Institute, Inc.
Edureka is a Global Registered Education Provider (R.E.P ID : 4021) of Project Management Institute (PMI)®.
ID: 4021
PMP Refresher course
PMI, PMP and PMBOK are registered marks of the Project Management Institute, Inc. www.edureka.in/pmpSlide 2
Know Your Instructor
Nishant Shukla, PMP, ITIL
® 24+ Years of industry experience across various industries like IT – Application Development, Telecommunication, Back Office , BPO/KPO, Banking (Credit/Debit Card domain)
® 11+ Years on Project/Program Management positions® 7000+ Managers trained across industries® Over 11,000 hrs. of classroom training experience® 700+ Management workshops conducted® Training conducted for clients like GMR, ABB, Wipro, Oracle, HP,
Mphasis, SAP, IBM, Cisco Systems, Unisys Global, Cinepolis, Satyam, Accenture, ITC InfoTech, NIIT Technologies, Honda Motors, Logica to name few from list of hundreds
PMI, PMP and PMBOK are registered marks of the Project Management Institute, Inc. www.edureka.in/pmpSlide 3
Agenda® Myths about PMP®
® Tips to crack PMP ® Exam in first attempt® Introduction to Project Management® Factors influencing Projects® Process and Project Management framework® 3600 Overview of The PMBOK® Guide – 5th Edition® Q & A
PMI, PMP and PMBOK are registered trademarks of the Project Management Institute, Inc.www.edureka.in/pmpSlide 4
Myths about PMP® Exam® Aspirants need 35 PDUs to apply for the PMP® exam
» Contact hours are required to apply for the PMP® exam and PDUs are required to maintain the PMP® credential once you clear the PMP® exam
» The minimum score needed to pass is determined by the overall difficultly of your individual exam
® Passing score for PMP® exam is 61%» There is no documented set marks or percentages to pass the PMP® exam» From November 2005 onwards, PMI® stopped publishing the passing percentage and adopted
psychometric analysis to calculate the passing score hence this assumption is not valid anymore
® You must memorize the Inputs, Tools & Techniques, and Outputs (ITTOs)» There are more than 500 ITTOs in The PMBOK® Guide and to the key is to fully understand the
concepts of each process not the memorization of the ITTOs» Most of the questions relate to how or why a specific ITTO is used in a process and memorization
will be of no use to you when answering those types of questions
PMI, PMP and PMBOK are registered trademarks of the Project Management Institute, Inc.www.edureka.in/pmpSlide 5
Submit Application
Schedule Exam
Application
Formalities1-3
Weeks
Attend the PMP Exam
Prep Training
Application Approval
Continue Study2-3
Weeks
Continue Study / Mock
Test2-3 Weeks
T – 1 Day
Relax!!!
Take the Exam & Clear it!!Ideal Time Gap
Between Training and Exam
6 – 8 WeeksPMP
Certification Renewal
Renewal Cycle
Every 3 Years
24 x 7 Assistance from edureka!
Online Virtual
Training by
edureka!
Application and audit assistance from
edureka!
Personalized guidance by SME
from edureka!
More than 1000 mock questions by
edureka!Assistance in
earning PDUs byedureka!
Ideal Preparation Time
PMI, PMP and PMBOK are registered trademarks of the Project Management Institute, Inc.www.edureka.in/pmpSlide 6
Tips to Crack PMP® Exam ® Understand PMI’sm:
» Around 80% of the questions in PMP® exam are situational questions. Remember what The PMBOK® Guide recommends and based on that figure out how you would the situation.
» You might have used different approaches in past to handle those situations but for PMP® Exam stick to what The PMBOK® Guide says.
® Seek support from experts whenever needed:» When in doubt, try to get them clarified by experts or from the most authenticated source.
Books, support groups, and going through recording of your trainings are some of the ways you can help yourself pass. You can drop in a mail to [email protected] if you have any doubt.
® Practice mock tests:» It is must to take mock tests after going through The PMBOK® Guide cover-to-cover to test your
understanding of the concepts. This will help you identify your areas of improvement. Take help of more than 1200 questions available on edureka LMS.
» If you can consistently score 90 percent in practice exams, then you should feel confident about the real exam.
PMI, PMP and PMBOK are registered trademarks of the Project Management Institute, Inc.www.edureka.in/pmpSlide 7
Tips to Crack PMP Exam Contd… ® Use tiered testing strategy:
» Make a strategy to complete one set of mock test in multiple rounds. On the first pass, try not spending more than 20 seconds on a question, and flag it if you are not confident about the answer.
» During the second pass, give a minute to each question. During third pass give 3-4 minutes to a question.
» This will allow you to get through the entire exam quickly and have more time to focus on the questions where you need little extra time to think.
® Answer all the questions:» There is no negative marking hence no penalty for incorrect answer. Even if you have no clue about
the answer, your best guess has 25% chances of being right.
® Take breaks during study as well as exam:» Do not try to cover entire PMBOK Guide overnight. Try to cover maximum one knowledge area during
one study session.» Take breaks during the exam as well. Make a exam strategy where you take minimum 2 breaks of 5
minute break every 90 minutes.
PMI, PMP and PMBOK are registered marks of the Project Management Institute, Inc. www.edureka.in/pmpSlide 8
Introduction to Project and
Project Management
PMI, PMP and PMBOK are registered marks of the Project Management Institute, Inc. www.edureka.in/pmpSlide 9
Project Management also needs generic
management skills and professional ethics
“Project Management is the application of knowledge, skills, tools and techniques to meet the project requirements.”
Project requirement
s
Project Management
PMI, PMP and PMBOK are registered trademarks of the Project Management Institute, Inc.www.edureka.in/pmpSlide 10
® Project Manager has to balance the competing factors (included but not limited to) like Scope Schedule and Cost along with Quality.
® It is the project manager‘s duty to balance and achieve key-competing factors.
® Competing factors» Scope » Schedule (Time)» Budget (Cost)» Quality» Resources» Risk
Project Constraints
Scope
Cost Quality
Risk
Resource Time
PMI, PMP and PMBOK are registered trademarks of the Project Management Institute, Inc.www.edureka.in/pmpSlide 11
Factors Influencing Projects
PMI, PMP and PMBOK are registered trademarks of the Project Management Institute, Inc.www.edureka.in/pmpSlide 12
® Projects are typically part of an organization that is larger than the project.® The maturity of the organization with respect to following elements can influence the project
significantly.
Organizations may have a robust project based system that derive revenue primarily from performing projects for others e.g. engineering firms, consultants and construction contractors.
Work ethics and work hours
Shared values, norms, beliefs,
and expectations
Organizational Cultures and Styles
Policies and procedures
View of authority relationships
Organizational Structure
Organizational Systems:
Organizational Influences
PMI, PMP and PMBOK are registered trademarks of the Project Management Institute, Inc.www.edureka.in/pmpSlide 13
® Organizational Structure:» The organizational structure sets the level of
authority, roles and responsibilities and the reporting structure within the project
» Organizations are structured into one of six models, the organizational structure of which will affect the project in some aspect
» Project Manager’s authority varies based on the type of organization structure
» Apart from five models in the adjacent diagram, sixth one is Composite Organizational Structure
® Organizational Communications:» Important factor in project success in the face of
globalization» E-mail, texting, instant messaging, social media,
video and web conference etc.
Organizational structure
Projectized
Strong matrix
Balanced matrix
Weak matrix
Functional
Proj
ect M
anag
er
Functional Manager
Authority
Authority
Organizational Influences (Contd.)
PMI, PMP and PMBOK are registered trademarks of the Project Management Institute, Inc.www.edureka.in/pmpSlide 14
Project Management Institute, A Guide to the Project Management Body of Knowledge (PMBOK ® Guide) Fifth Edition, Project Management Institute, Inc., 2013, Page 22
Organization Structure
Project Characteristic
Functional Matrix Projectized
Weak Matrix Balanced Matrix
Strong Matrix
Project Manager’s Authority
Little or None
Limited Low to Moderate
Moderate to High
High to Almost Total
Who controls the project budget
Functional Manager
Functional Manager
Mixed ProjectManager
ProjectManager
Project Manager’s Role
Part – time Part – time Full – time Full – time Full – time
Project Management Administrative Staff
Part – time Part – time Part– time Full– time Full– time
Organizational Influences (Contd.)
PMI, PMP and PMBOK are registered trademarks of the Project Management Institute, Inc.www.edureka.in/pmpSlide 15
® Organizational Process Assets are all the organization specific to and used by the performing organization such as formal or informal plans, processes, policies, procedures, and knowledge bases
® They may also include artifacts, practices, or knowledge from any or all of the organizations involved in the project, which can be used to influence the success of the project
® The organization process assets may be knowledge bases such as lessons learned and historical information, or it may include completed schedules, risk data or Earned Value data
® Organizational process assets (OPA) are input to most planning processes
® OPA Categories» Processes and Procedures» Corporate Knowledge Base
Organizational Process Assets (OPA)
PMI, PMP and PMBOK are registered trademarks of the Project Management Institute, Inc.www.edureka.in/pmpSlide 16
OPA Corporate Knowledge
Base
Project files from previous projects Configuration
management knowledge bases
Financial databases
Historical information and lessons learned knowledge bases
Issues and defect management databases
Process measurement databases
OPA Corporate Knowledge Base
PMI, PMP and PMBOK are registered trademarks of the Project Management Institute, Inc.www.edureka.in/pmpSlide 17
Enterprise Environment Factors (EEF)® These are conditions, not under the control of the project team that influence, constrain, or direct
the project. ® They are inputs to most planning processes and may have positive or negative influence on the
project outcome. ® They may include:
» Organization culture, structure, and governance; » Geographic distribution of facilities and resources; » Government or industry standards; » Infrastructure; » Existing human resources & personnel administration; » Company work authorization; » Market conditions;
® Political climate; ® Organization’s established communications channels; ® Commercial databases; and ® Project management information systems.
PMI, PMP and PMBOK are registered trademarks of the Project Management Institute, Inc.www.edureka.in/pmpSlide 18
Processes and
Project Management Framework
PMI, PMP and PMBOK are registered trademarks of the Project Management Institute, Inc.www.edureka.in/pmpSlide 19
PMBOK® Guide is a “distilled version” of Project Management Body of knowledge and it coexists with the corresponding application area knowledge ,general management skills and interpersonal skills.
PMBOK ® Guide is published by PMI and inputs from practitioners and academics have been included
The Project Management Framework
® Introduction® Organizational
Influence and Project Life Cycle
The Project Management Knowledge Areas
® 10 Distinctive Knowledge Area
The standard for Project Management of a Project
® PM Process Groups (5 process Groups)
® Project Management processes for a project (47 processes)
The PMBOK® Guide – 5th Edition
PMBOK ® Guide is organized into 3 sections:
PMI, PMP and PMBOK are registered trademarks of the Project Management Institute, Inc.www.edureka.in/pmpSlide 20
Domain Current Distribution of Questions
Revised Distribution of Questions
Initiation 13% 13%Planning 24% 24%Execution 30% 31%Monitoring & Controlling 25% 25%
Closing 8% 7%
PMP® Examination Blueprint
PMI, PMP and PMBOK are registered trademarks of the Project Management Institute, Inc.www.edureka.in/pmpSlide 21
® There are 10 Knowledge Areas covered in PMBOK® Guide 5th edition. These 10 Knowledge Areas are:
1. Integration project management2. Project Scope Management3. Project Time Management4. Project Cost Management5. Project Quality Management6. Project Human Resource Management7. Project Communications Management8. Project Risk Management9. Project Procurement Management10. Project Stakeholders Management
Project Management Knowledge Areas
PMI, PMP and PMBOK are registered trademarks of the Project Management Institute, Inc.www.edureka.in/pmpSlide 22
Overview of The PMBOK® Guide:5 Process Groups
PMI, PMP and PMBOK are registered trademarks of the Project Management Institute, Inc.www.edureka.in/pmpSlide 23
Plan(Develop Project
management Plan)
Do(Direct & Manage
Project Work)
Check(Monitor & Control
Project Work)
Act(Decision Point for
PM and Team)
Change(Integrated Change
Control Process)
Close(Close Project or
Phase)
Deming Cycle and PM Processes
PMI, PMP and PMBOK are registered trademarks of the Project Management Institute, Inc.www.edureka.in/pmpSlide 24
Overview of The PMBOK® Guide:47 Processes
Slide 25 http://www.edureka.co/pmp
Direct & Manage
Project Work
Control Scope
Control Schedule
Control Cost
Control Quality
Control Communicatio
ns
Control Risk
Control Procurements
Control Stakeholders
Deliverable
Monitor & Control Project
Work
WPI(Work Performance Information)
WP Reports/Project
Dashboards
The Logical Sequence: High levelDevelop
Project Charter
Develop PM Plan
ProjectCharter
Project
Plan
WPD(Work Performance Data)
Close Project
7 Days
200$
- 2 Days
- 25$
Develop Subsidiary Project Management
PlansChange
Management Plan
Requirement Management Plan
Configuration Management Plan
Scope Management Plan
Cost Management Plan
Human Resource Plan
Communication Management Plan
Risk Management Plan
Procurement Management Plan
Process Improvement Plan
Quality Management Plan
Scope Baseline
Schedule Baseline
Cost Baseline
Integrated Change Control
Process
Change Request
Approved Change Request
Project Progres
s Update
PMI, PMP and PMBOK are registered trademarks of the Project Management Institute, Inc.www.edureka.in/pmpSlide 26
And That’s All
Questions
Slide 27 http://www.edureka.co/pmp
Slide 28 Course Url
For Queries during the session and class recording:Post on Twitter @edurekaIN: #askEdurekaPost on Facebook /edurekaIN
For more details please contact us: US : 1800 275 9730 (toll free)INDIA : +91 88808 62004Email us : [email protected]