PMI Authorized PMP Exam Prep

This 5 day instructor-led workshop is designed to help participants prepare for the PMP® Exam. The material is completely compliant with A Guide to the Project Management Body of Knowledge (PMBOK® Guide) Fifth Edition and the PMI 2011 PMP Examination Content Outline. Participants will study the content and topics project managers need to know to pass the PMP exam. Participants will build competency with case study exercises used throughout. This workshop walks the participant through the PMBOK® Guide knowledge areas makes the links between process groups. It also reviews content and topics tested on the PMP exam that are not directly addressed in the PMBOK® Guide.

Course Objectives:

In this course participants will be able to:

• Define requirements for PMP® or CAPM® certification and the credentialing process.
• Determine which credential is appropriate for them.
• Describe the structure and format of the credentialing exams.
• List the performance domains, process groups, knowledge areas, and processes described in PMBOK® Guide and Examination Content Outline.
• Identify how recommended PMBOK® Guide practices differ from their own practices
• Apply PMBOK® Guide principles to project situations.
• Identify exam-taking and memorization tips and techniques
• Use sample exams to gain an understanding of the types of questions that may be asked.
• Assess individual personal study needs and develop a study plan for exam preparation.

This course meets the training time requirements for the PMP certification application.

Professional Development Units (PDUs) earned – 35 PDUs

Module 1: Study Tips

• Review PMP credential requirements
• Describe the exam specifics
• List study and exam tips
• Review a list of formulas, equations, and rules
• Assess your own personal study needs

Module 2: Project Management Overview

• Define basic project management terms
• Differentiate between projects, programs, and portfolios
• Identify project constraints
• Describe organizational process assets
• Describe enterprise environmental factors
• Determine the pros and cons of different organizational structures

Module 3: PM Processes and Domains

• List the process groups
• List the knowledge areas
• List the performance domains
• Describe the difference between phases and process groups
• List aspirational and mandatory professional conduct standards

Module 4: Integration

• Define the purpose and contents of the project charter
• Describe the difference between a schedule and the project management plan
• Distinguish between a configuration management system and a change control system
• Identify elements of closing a project

Module 5: Scope

• List tools and techniques to collect requirements
• Identify components of a scope statement
• Describe the purpose and uses of a WBS
• Distinguish between scope verification and quality control
• Describe how variance analysis is used to control scope

Module 6: Time

• Describe how an activity differs from a work package
• Define 3 types of dependency relationships
• Create a network diagram
• Differentiate between effort and duration
• Calculate the critical path
• Define free float and total float
• Describe techniques to shorten the project schedule

Module 7a: Cost

• Define life cycle costing
• Describe benefits of analogous, parametric, and bottom-up estimating methods
• Calculate an estimate using 3-point ranges
• Define an S-curve
• Distinguish between contingency reserve and management reserve

Module 7b: Profitability and Earned Value

• List measures of profitability
• Define plan value (PV), actual cost (AC), earned value (EV)
• Calculate cost variance (CV) and cost performance index (CPI)
• Calculate schedule variance (SV) and schedule performance index (SPI)
• Calculate estimate at completion (EAC) using three techniques
• Evaluate earned value measurements to describe where the project stands

Module 8: Quality

• Distinguish between quality and grade
• Identify who has responsibility for quality and what is management`s responsibility
• List 7 basic quality tools
• Give examples of the cost of conformance and the cost of non-conformance
• Define quality audit
• Distinguish between quality assurance and quality control

Module 9: Human Resources

• Describe the elements of a human resource management plan
• Use a responsibility assignment matrix
• Identify a project manager`s roles and responsibilities
• Describe motivational theories
• Define types of power
• Describe various interpersonal skills that a project manager should
• List techniques to manage conflict

Module 10: Communications

• Define components of a communications requirements analysis
• Calculate the number of communication channels
• Define interactive, push, and pull communication methods
• List potential contents of performance reports

Module 11: Risk

• Define the difference between risk averse, risk neutral, and risk seeking behavior
• List components of a risk management plan
• Describe risk categories
• Define a risk register
• Use a probability/impact matrix
• Calculate expected monetary value
• Define 4 basic responses to risks

Module 12: Procurement

• Describe elements that may affect a make vs. buy decision
• Differentiate between fixed price and cost reimbursable contracts
• List items that may be included in procurement documents
• Describe the role of the contract administrator
• List 3 reasons for early termination of a contract

Module 13: Stakeholder Management

• Identify stakeholders.
• Select attributes to assess.
• Conduct a stakeholder engagement assessment.
• List techniques to improve engagement of virtual stakeholders.
• Describe the project manager`s role in managing a stakeholder engagement.

The workshop is intended for project managers, project leads, subject matter experts, team members, business analysts, technical specialists and others interested in the PMP credential, no matter where they are in the process. For those who are just starting out, it offers study guidelines, a framework for understanding how the exam is organized, and help in making plans to prepare for the PMP® exam. Those in the middle of preparation will find guidance on program management issues and explanations of topics often tested on the exam. If participants need that last push before taking the exam, this course provides exam tips and a good reference for key terms and topics that others have found difficult.