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Why PMP

The document provides information about PMP certification including requirements, benefits, exam details, costs, and changes. It discusses education and experience requirements, 35 contact hours, exam components and questions, current and new exam content outlines, sample exam questions and answers, and recommended study materials.

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Drivedi Madan
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120 views

Why PMP

The document provides information about PMP certification including requirements, benefits, exam details, costs, and changes. It discusses education and experience requirements, 35 contact hours, exam components and questions, current and new exam content outlines, sample exam questions and answers, and recommended study materials.

Uploaded by

Drivedi Madan
Copyright
© © All Rights Reserved
Available Formats
Download as PPT, PDF, TXT or read online on Scribd
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PMP Certification

What is PMP Certification?

PMP certification is the most recognized professional certificate for project management
profession around the world. PMP is the abbreviation of Project Management Professional, a
certificate given by PMI, Project Management Institute. The applicants who fulfill the PMP
certification requirements first and then pass the PMP certification exam successfully get the PMP
certification. Note that, there is a validity period for PMP certification once you get it. In each three
years, PMP certification holders must earn 60 PMP PDUs and start PMP renewal process respectively.

Many of the employers seek PMP certification in project management positions when they are hiring.
Also, they seek PMP certification as a prerequisite for their current employees when they are
promoting their employees to project management positions. However, there are strict PMP
certification requirements to fulfill in order to sit for the PMP certification exam.
What are the benefits of PMP Certification?

PMP certification itself does not prove any competence or experience. But, PMP certification warrants
at least a certain level of knowledge on project management area. However, PMI’s PMP application
process and audits seek for relevant experience and education requirements to be a PMP very strictly.
Therefore, companies or organizations give very high credit to PMP certification compared to
other certificates in the industry. Strict process of PMI to check PMP certification requirements if the
foundation of this high credit given by employers. Because, an employer will know that a PMP
certification holder met the strict PMP certification requirements which proves a certain level of project
management knowledge and practice.

Based on a recent survey, PMP certification holders command 14% higher income than their
uncertified counterparts. Therefore, importance of the PMP certification has grown rapidly in recent
years.
To earn your Project Management Professional (PMP)® credential, you need to meet the experience and
education requirements, and pass the PMP® examination, a 200-question, multiple-choice test.

PMP Education Requirement #1


In order to apply for PMP certification, you need to have at least a secondary degree, for instance a
high school or equivalent education level. If your highest attended education level is secondary degree,
in order to apply for PMP certification, you need to satisfy following three PMP certification
requirements.
1-) 5 years of project management experience
2-) 7500 hours leading and directing projects
3-) 35 hours of project management education.

PMP Education Requirement #2


If your highest attended education level is a four-year degree or above, for instance bachelors degree or
equivalent, masters degree, doctorate etc. in order to apply for PMP certification, you need to satisfy following
three PMP certification requirements
1-) 3 years of project management experience
2-) 4500 hours leading and directing projects
3-) 35 hours of project management education.
35 Contact Hours Project Management Education Requirement for PMP
you must attend in a 35 contact hours PM education to be eligible to sit for PMP
exam. This is another PMP certification requirement.

PMP Exam Changes in Dec 15, 2019


PMI make industry research regularly and adapts the PMP certification exam accordingly
based on the changing industry dynamics. For instance, more than 10 years ago, most of
the corporate organizations were preferring waterfall project management methodology.
However, most of the organizations shifting agile methodologies in recent years.
Based on the changing industry dynamics and what organizations expect from project
managers, PMI will be changing PMP exam in 2019 as well.

The waterfall model is a breakdown of project activities into linear sequential phases,
where each phase depends on the deliverables of the previous one and corresponds to a
specialization of tasks.

Agile is a process that helps teams provide quick and unpredictable responses to the feedback
they receive on their project. It creates opportunities to assess a project's direction during the
development cycle
PMP Exam Cost Component : Exam Fee
Exam fee to be paid to PMI is another component of PMP Exam Cost. You will pay $555 if
you are not having PMI membership. Are you a PMI member, then you need to pay $405.
PMP Exam Cost Component : with PMI Membership Fee
To become a member, you pay the membership fee of $139 for the one-year subscription. In
the PMP Exam Cost, the exam fee is the component where there is no change wherever you
are located. You save about $10 if you are a member.

PMP Certification Renewal Fees


In order to maintain your PMP certification, there are certain steps you must follow. These are the below
high-level steps of renewing PMP Certification:
•Earn and report 60 PDU (Professional Development Unit), during each three years of Certification
Cycle.
•Fill and complete all the necessary details of an application for certificate renewal
•Make a payment for the PMP renewal fees after receiving confirmation from PMI.
PMP Certification Renewal cost:
PMP renewal fee depends on whether you are a PMI-member or not as well.
Member PMP Renewal
Fees($USD)
PMI Member $60
Non-PMI Member $150
PMP Exam Questions

PMP certification exam contains 200 multiple choice questions. 25 of these questions are
for monitoring and quality control purposes. They are not scored and do not affect your
PMP exam result. However, these 25 questions come randomly during the exam.
Therefore, answer each question carefully during your PMP exam.

PMP exam questions come from five project management groups:


1-Initiating
2-Planning
3-Executing
4-Monitoring & Controlling
5-Closing
What is the current PMP exam content?
Latest PMP exam changes occurred in 2015 and since then PMP exam content is based on
the five domains. These domains are initiating, planning, executing, monitoring and
controlling. Following figure describes the current PMP exam content and percentage of
each domain on the PMP exam.

Current PMP exam content focuses on the stages of a project lifecycle as domain and on each
domain, there are several tasks. This process utilizes knowledge and task-driven guidelines to
assess the practitioner’s competence, and determine the levels of salience, criticality, and
frequency of each of the knowledge, tasks, and skills required to perform to the industry-wide
standard in the role of a project manager.
New PMP Exam Content Outline
While the current PMP exam content focuses on five domains as the stages of the project lifecycle,
new PMP exam content will be based on three domains:
1.People
2.Process
3.Business Environment
•People: current PMP course may have limited content to address this new domain. If there is
content it would be woven throughout the PMP course. 42% of the exam questions will be based
upon this domain.
•Process: current PMP training materials may have a fair amount of content to address this new
domain as this was the bulk of the exam previously. 50% of the exam will be based upon this
domain.
•Business Environment: current PMP training programs may have very limited content to address
this new domain. If there is content it would be woven in small threads throughout your course. 8%
of the exam questions will be based upon this domain.
PMP Questions and Answers #1
During a meeting with some of the project stakeholders, the project manager is asked to add work to
the project scope. The project manager had access to correspondence about the project before the
project charter was signed and remembers that the project sponsor specifically denied funding for the
scope mentioned by these stakeholders. The BEST thing for the project manager to do is to:

A-) Let the sponsor know of the stakeholders’ request.


B-) Evaluate the impact of adding the scope.
C-) Tell the stakeholders the scope cannot be added.
D-) Add the work if there is time available in the project

PMP Questions and Answers #2


You are a new project manager who has never managed a project before. It would be BEST in this situation
to rely on _____ during planning in order to improve your chance of success.
A-) Your intuition and training
B-) Stakeholder analysis
C-) Historical information
D-) Configuration management
PMP Book #1 – Rita Mulcahy’s PMP Exam Prep Book ( 9th edition)

PMP Book #2 – PMBoK – Project Management Body


of Knowledge ( Sixth edition)

PMP Book #3 – Head First PMP Prep Book

https://www.pmi.org/certifications/types/project-management-pmp/exam-prep

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