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Course Overview The Project Management Institute's Project Management Professional (PMP) credential is recognised as the universal standard of the profession. Many organisations now require their project management professionals to be PMP-certified. In this course, you gain knowledge and skills to help you prepare for the PMP exam. Through practice exams, workshops and overnight study, you learn essential PMBOK(R) Guideterminology, tools and techniques. Audience This course is valuable for experienced project managers intending to take the PMP exam. Participants pursuing PMP certification should be aware of the exam eligibility criteria established by the PMI. Skills Gained - Prepare to pass the PMP exam
- Navigate the process groups and knowledge areas of the PMBOK(R) Guide - Third Edition
- Identify and map the inputs and outputs of the PMBOK (R) Guideprocesses
- Align your project management knowledge with PMBOK(R) terminology and definitions
- Analyse PMBOK(R) Guidetools and techniques essential for PMP exam success
- Improve your exam-taking techniques through PMP-style practice questions
- Create a personalised plan for self-study to focus your efforts after the course
Course Outline Introduction - Knowledge areas and process groups of the Project Management Body of Knowledge ( PMBOK(R) Guide)
- Characteristics of a project life cycle
- Essential project management skills
Deciphering the PMBOK(R) Guide Structure Outlining the five process groups - Initiating
- Planning
- Executing
- Monitoring and controlling
- Closing
Defining the nine knowledge areas - Profiling each knowledge area
- Mapping the interrelationships of knowledge areas to process groups
The Initiating Processes Relevant tools and techniques - Project selection methods
- Authorising the project
Key concepts beyond the PMBOK(R) Guide - Third Edition - Net present value (NPV)
- Internal rate of return (IRR)
The Planning Processes Tools and techniques to study - AOA and AON methods
- PDM, ADM and CDM diagrams
- Analogous, parametric, bottom-up and computerised estimating techniques
- CPM, PERT and GERT activity sequencing
- Work breakdown structure (WBS)
- Qualitative and quantitative risk analysis including EMV
- Benefit/cost analysis
- Decision trees
- Make-or-buy
- Contract type selection
- Benchmarking
- Flowcharting
- Reserve analysis
- The cost of quality (CoQ)
Significant inputs and outputs - Activity lists and resource requirements
- Management plans for schedule, cost, risk and the project itself
- Historical information
- Expert judgement
- Recruitment practices
- Quality, risk response, communication and procurement management plans
Important planning concepts - Organisational theory
- Design of experiments
The Executing Processes Exam-relevant tools and techniques - Quality audit
- Weighting systems
- Team-building activities
- Reward and recognition systems
- Performance reporting
- Virtual teams
Primary inputs and outputs - Change requests
- Work results
- Proposals
- Contracts
Additional areas of study - The stages of team development
- Motivational theories
- Conflict resolution techniques
- Communication theory
- The five levels of power
The Monitoring and Controlling Processes Applicable tools and techniques - Components of earned value analysis (EVA): PV, AC, EV
- Configuration management
- Subsidiary change control
The Closing Processes Key concepts - Formal acceptance and closure
- Project archives
- Types of closing
Prominent inputs and outputs - Lessons learned
- Corrective actions
Planning for the Exam Preparing for test day - Gaining insight into the exam process
- Applying proven tips for exam success
- Conquering exam apprehension
- Rising to the exam challenge
Personalising your study plan - Identifying your strengths and weaknesses
- Designing a plan that works for you
- Incorporating study tips for best results
- Optimising your study time and focus
Professional Responsibility and Ethics - The PMI PMP Code of Professional Conduct
- Balancing the interests of stakeholders
- Applying professional knowledge
- Doing the right thing at the right time
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