2. www.edureka.co/pmp
Agenda
Introduction to Project and Project Management
What is the difference in PMP®, PMI-ACP® and Prince2®
Introduction to PMP®
What is the eligibility criteria for PMP®?
Myths about PMP® exam?
How much time is needed to prepare for PMP® exam?
Sample Topic - Decode Project Management Life Cycle
Q & A
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Project
“A project is a temporary endeavor undertaken to create a unique product service or result.”
Temporary Endeavor:
With a beginning and an end
Not an on-going effort
Unique Output
Progressive Elaboration The incremental design and refinement of the
initial concept toward the project plan
Project Management Institute, A Guide to the Project Management Body of Knowledge (PMBOK ® Guide) - Fifth Edition, Project Management Institute, Inc., 2013, Page 3
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Project Management
Project Management also
needs generic management
skills and professional ethics
“Project Management is the combination of knowledge, skills, tools and techniques applied to
project activities to meet the project requirements.”
Project
requirements
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Constraints of Project Management
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
these three often-competing goals.
Achieve goals
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The PMBOK® Guide Vs Prince2®
PMP®,, ACP® and PMBOK ® are registered trademarks of the Project Management Institute, Inc.
PRINCE2® is registered trademarks of AXELOS
PRINCE2®The PMBOK ® Guide
A process based project management methodologyA knowledge based approach to project management
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PMP® Vs Prince2®
PMP® Prince2®
Focus on knowledge and skills that are necessary for
successful completion
Focus on the framework and processes for successful
completion.
Focus more on roles and responsibilities of project
manager.
Focus on roles and responsibilities of entire team
involved in the project.
Includes comprehensive overview and generally-
accepted knowledge and principles of project
management.
Includes a well-laid out and standard approach
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Project Management Approach
PMP® & PRINCE2®
Traditional Approach – Waterfall Methodology
PMP®,, ACP® and PMBOK ® are registered trademarks of the Project Management Institute, Inc.
PRINCE2® is registered trademarks of AXELOS
COST
QUALITY
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PMP® Vs PMI-ACP®
PMP® PMI-ACP®
Describes the framework for traditional (waterfall)
project management. Follows sequential process.
Focuses on the Agile project management principles.
Follows an incremental approach.
When there is a clear picture of what the final
product should be.
When there isn’t a clear picture of what the final
product should look like.
Clients won’t have the ability to change the scope of
the project once it has begun.
Clients will be able to change the scope of the project.
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Which Certification to Go For
1. Choice of certification is dependent to a large extent on the future plan of the professional. What one wants to
get into is what can help decide which certification to go for.
2. Once of the deciding factors could be whether you work in an industry with rapidly changing standards and
requirements or not.
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PMP® Certification
PMP® Certification
Project Management Professional
(PMP)® credential is the most
important industry-recognized
certification for project managers
PMP ® credential demonstrates that
the professional has the experience,
education and competency to lead and
direct projects
Certification provides
industry wide
recognition
Increases marketability to employers
and higher salary
Globally recognized and
demanded
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Prerequisites (Eligibility Criteria)
Educational Background PM Experience PM Education
High School Diploma
Associate’s Degree or
Global Equivalent
60+Months
7,500 +Hours
35 Contact Hours
Bachelor’s Degree or
Global Equivalent
36+ Months
4,500+ Hours
35 Contact Hours
Project duration must not overlap
Experience in projects during last 8 years
20% of applications are picked up for random audit
Designation during the specified project management work does not matter
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PMP® Examination Pattern
Computer based exam conducted in Prometric centers
200 multiple-choice questions – mixed randomly across process
groups to be answered in 4 Hrs
Out of 200 questions, 175 are for final marking and remaining 25
are “pre-test” questions
There is no negative marking in the exam
The examination is developed by groups of individuals from around
the globe who hold the PMP® credential
After clearing the exam, you will get the result immediately and the
PMP® certificate by mail within 2 months. Examination scores are
confidential
PMP®
Examination
Pattern
PMP®,, ACP® and PMBOK® are registered trademarks of the Project Management Institute, Inc.
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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
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Decoding Project Management Lifecycle
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)
