Quick Overview about the PMP Exam

1. PMP Refresher
Know the Exam
- Niraj Agarwal
Slide 1

2. Agenda
 Introductions
 PMI
 About
 Membership
 Credentials
 CAPM
 Audience
 Eligibility & Fees
 Exam
 PMP
 Why?
 Bytes
 Timeline
 PMBoK
 Eligibility
Eli ibilit
 Application Process (Experience, Education, Audit)
 Overview (Format, Passing, Fees, Changes)
 Preparation
 The Prize !
Slide 2

3. Introductions
Niraj Agarwal
PMI, PMP, CAPM & PMBOK are registered marks of the Project
Management Institute, Inc. Please visit http://www.pmi.org/ to know
more.
more
Slide 3

4. PMI (Project Management Institute)
About
PMI, U.S.A., a non-profit professional association was founded in
non profit association,
1969 to establish Project Management standards, provide seminars,
educational programs & professional certification. PMI has been
acknowledged as a p
g pioneer in the field of Project Management. PMI
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members 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

5. PMI
Membership
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.
You’ll also receive discounts on certification exams and renewals, as
well as professional development offerings.
USD $129 to join
USD $119 to renew
Slide 5

6. PMI
Credentials
Slide 6

7. CAPM
Audience
• Project 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

8. CAPM
Eligibility & Fees
Meet 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
Rewrite: $150 members, $200 non-members
it b b
Slide 8

9. CAPM
Exam
• Pass 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 5 years apply for PMP certification or retake th CAPM exam
After l f tifi ti t k the
Slide 9

10. PMP (Project Management Professional )
Why?
• 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 the
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largest and most prestigious group of certified professionals
Slide 10

11. PMP
Bytes
“
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

12. PMP
Timeline
Application Submission
Audit P
A dit Process
Window open 90 days (if application is selected)
5 business days
Application
Examination Eligibility
Completeness Review
1 year
y
5b i
business d
days
(since application approval
(when submitted online)
date)
Applicant Payment Certification Cycle
Process 3 years
(cannot schedule exam until
( (from the date the exam is
you submit payment of passed)
credential fees)
Slide 12

13. PMP
PMBOK® Guide
PMI Standards provide guidance for t e p act ce
Sta da ds p ov de gu da ce o the practice
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
download.
Is a recognized standard for the project
management profession that describes the
norms, methods, processes and practices.
Evolved from the recognized good practices of
project management practitioners who
contributed to the development of the standard.
Slide 13

14. PMP
Eligibility Requirements
• S
Secondary diploma (hi h school diploma)
d di l (high h l di l )
• 5 years project management experience with at least
7,5
7,500 hours spent leading and directing p j
p g g project tasks
and 35 hours project management education
OR
• Bachelor’s degree or global equivalent
• 3 years project management experience with at least
4,500
4 500 hours spent leading and directing project tasks
and 35 hours project management education
Slide 14

15. PMP
Document your Experience for the Application
Each month in which you worked on multiple overlapping projects
multiple,
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
February April. However,
projects counts as three, not six, months toward the total to fulfill the
professional project management experience requirement.
Slide 15

16. PMP
Number of Hours that You Led or Directed Project Tasks
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 total
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.xlsx
Application-ExperienceAndEducation-Template xlsx
http://groups.pwc.co.in/web/pmp-square/resources
Slide 16

17. PMP
Contact Hours of Project Management Education
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
schedule budget communications, 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
by
b one or more of the f ll i types of education providers:
f h following f d i id
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

18. PMP
Audit Process
• All applications are subject to an audit
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 received
received.
• During an audit, you will be asked to submit supporting documentation
such as:
- C i of your di l
Copies f diploma/global equivalent
/ l b l i l t
- Signatures from your supervisor(s) or manager(s) from the project(s)
and/or program(s) documented in the experience verification section
of 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 education
p j g
Slide 18

19. PMP
Audit Process
Slide 19

20. PMP
Audit Process
Slide 20

21. PMP
Exam Overview
 The PMP exam is based on six performance domains (five project
management process groups plus professional responsibility)*:
1. Initiating 2. Planning
3. Executing 4. Monitoring and Controlling
5. Closing 6. Professional and Social Responsibility
 The Exam also covers nine project management knowledge areas (which
have 42 processes)*:
processes) :
1. Integration 2. Scope
3. Time 4. Cost
5. Quality 6. Human Resource
7. Communications 8. Risk
k
9. Procurement
 The exam consists of 200 multiple choice questions written against this
specification and must be completed in four hours.
Slide 21

22. PMP
Exam Format
PMP Examination constructed based on the PMP Examination
Specification. The Exam specification details the percentage of
questions that are contained in each process group as follows:
Initiating 11% 22 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

23. PMP
Passing score for the Exam
To pass the PMP® exam, you have to answer at least 106 questions
exam
(61%) correctly out of 175 graded questions on the test.
The printed score report lists each domain with one of three possible
proficiency l l
fi i levels:
• Proficient
• Moderately Proficient
• Below Proficient
Slide 23

24. PMP
Fees & Reexamination
• During the 1 yr eligibility period you may take the examination up to
1-yr period,
three times.
• Reexamination fees apply to the second and third attempts to pass
the examination.
h i i
• 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

25. PMP
Fees & Reexamination
• During the 1 yr eligibility period you may take the examination up to
1-yr period,
three times.
• Reexamination fees apply to the second and third attempts to pass
the examination.
h i i
• 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

26. PMP
Exam Changes
• On October 6th of 2010, PMI announced that based on an extensive
2010
Role Delineation Study, the role of the Project Manager has
changed—and the PMP® examination must be updated.
• I the global marketplace, the PMP credential’s accreditation under
In h l b l k l h d i l’ di i d
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

27. PMP
Exam Changes
• According to PMI approximately 30% of the PMP exam content will
PMI,
change as a result of new or substantial changes to reflect the project
manager's role as defined by the recent study.
• Th education and experience eligibility requirements f the existing
The d i d i li ibili i for h i i
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

28. PMP
How to Prepare
• Become a PMI Member and Member of your local PMI Chapter
• Read the PMBOK® Guide. Twice.
• Supplement reading with
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- 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

29. PMP
Study Groups – Why ?
• Great way to learn and have fun learning
• Review the material with people who have a different perspective
• Exchange ideas
g
• Get your questions answered
• Share experiences
• Network with a peer group
• Peer pressure to maintain a study schedule
Slide 29

30. PMP
Study Groups – Approach
• 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
intro
- Add couple of more weeks for organization and review
Slide 30

31. PMP
Study Groups – Agenda
• 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
a d s ou d c ude add t o a questions o
and should include additional quest o s from various resource
a ous esou ce
materials
Slide 31

32. PMP
Here is yours !
Slide 32

33. Thank You!