About pmi v2_feb2014dc

46
Our Speaker Today Business Transformation Consultant Project Management Practitioner 25+ years of Project Management experience Owner, SRE Solutions – successful business consulting and training practice Client – focused Business Consultant for wide range of business projects Student – focused Provides training services for major institutions and clients across Canada A passion for enabling process improvement, effective risk management and PMO implementation that translates into successful engagements and effective project delivery

Transcript of About pmi v2_feb2014dc

Page 1: About pmi v2_feb2014dc

Our Speaker Today

Business Transformation ConsultantProject Management Practitioner• 25+ years of Project Management experience• Owner, SRE Solutions – successful business

consulting and training practice• Client – focused

Business Consultant for wide range of businessprojects

• Student – focusedProvides training services for major institutionsand clients across Canada

• A passion for enabling process improvement,effective risk management and PMOimplementation that translates into successfulengagements and effective project delivery

Page 2: About pmi v2_feb2014dc

Everythingyou want

to knowabout PMI®

Presented by Sylvie Edwards, PMP, STDC

February 13th, 2014

Page 3: About pmi v2_feb2014dc

IntroductionOur Agenda Topics for Today

• Overview of PMI®

• Your membership: it has great value!

• Certification options

• Looking at PMP® a bit closer

• Maintaining the certifications once completed

– It’s more than the PDUs

• Importance of volunteering

– Giving back and getting in

Page 4: About pmi v2_feb2014dc

Overview of PMI®

A bit of history:

• Established in 1969 (October 9th, to be

exact), PMI® has been promoting projectmanagement for over 40 years now.

• To think it all began with a dinnerbetween 3 people!

• First founded in Atlanta, Georgia (USA)it now holds its headquarters inPennsylvania.

• With over 1,000,000 members andcredential holders all over the World.

• Credential holders can be found in morethan 171 Countries.

• Over 282 Chapters in 88 Countries.

Vision, goal statement and core values:

Worldwide, organizations will embrace,value, and utilize project management and

attribute their success to it.

To advance the practice, science andprofession of project managementthroughout the world in a conscious andproactive manner.

The Four Main Core Values are:

• Professionalism

• Knowledge

• Community and Volunteerism

• Value of Project Management to Business

Page 5: About pmi v2_feb2014dc

Overview of PMI®

Data from PMI® Today Dec. 2013

Page 6: About pmi v2_feb2014dc

Overview of PMI®(continued)

Structure:

• PMI Headquarters (Pennsylvania, USA with relation offices in Europe, Asia and India)

• Regions (15 in all) (we are Region 3 – North East North America)

• Chapters and Communities of Practice

Page 7: About pmi v2_feb2014dc

Overview of PMI®(continued)

6Chapters in

Ontario

Chapters are a big part of the PMI® familyin terms of support, networking andcommunity of practice.

Eventually, you will want to belong to aLocal Chapter to add to your experience.

18 Chaptersacross Canada…

Page 8: About pmi v2_feb2014dc

Where to Start to Find More…

Page 9: About pmi v2_feb2014dc

Your membership: It has great value!

Some people look at PMI® solely for certification but it’s much morethan certification, a PMI® membership adds great value to any projectmanagement individual. Here are some of the tangible benefits:

Professional Certification (currently in 7 areas)

Professional knowledge resources• Standards access

• Monthly publications (PMI Today, Network & Journal)

• Listing of available seminars

• Electronic content via Books24x7

• Access to Research projects

• Project management salary survey

• White papers from Virtual Library

Knowledge and Wisdom Center

PMI job search, coaching & resume critiques

PMI Career Framework

PMI Volunteer Engagement System

Page 10: About pmi v2_feb2014dc

Your membership: It has great value!(continued)

PMI® marketplace (the place to look for resources at a discount)

Access to Global innovations and ideas

Mentoring programs

Some other less tangible yet important benefits:

Opportunity to belong to a Chapter and gain invaluable opportunities fornetworking with your peers and share professional knowledge at all stages of yourcareer.

Beyond networking, PMI® chapters and SIGs provide opportunities for membersto forge lasting friendships and collaborations.

Community involvement through Volunteering opportunities(we will talk later more on volunteering and it’s potential for growth in your career)

PMI® is an advocate for Project Management World Wide

Strong Ethics protocol and processes

Philanthropic arm (PMIEF) promoting Project Management

Page 11: About pmi v2_feb2014dc

Greatest asset the PMI® websitewww.pmi.org

Most PMI® publications are nowavailable on-line through the website.

PM Network can also be viewedas an app on your iPad, iPod orPhone.

Your membership: It has great value!(continued)

Page 12: About pmi v2_feb2014dc

Your membership: It has great value!(continued)

An invaluableresource

available toall members:

PMI® eReadsand

reference.

Page 13: About pmi v2_feb2014dc

Your membership: It has great value!(continued)

Each Chapter offers a comparable list of benefits. Please review eachChapter Website for the one that best suits your needs.

Most offer the following: (and more)

• Access to Certification preparation classes

• Mentoring programs

• Monthly meetings

• Professional Development events and seminars

• Professional newsletters to keep you up to date with Chapterand PMI® information

• Special member discounts or rates on most events

Page 14: About pmi v2_feb2014dc

Your membership: It has great value!(continued)

PMI SouthernOntario Chapter

www.soc.pmi.on.ca

The largest Canadian Chapter, the Southern OntarioChapter counts more than 5400 members. It is thesecond largest worldwide.

It has been in existence for more than 30 years (1995).

Membership fee: $ 30Student fee available

Page 15: About pmi v2_feb2014dc

Your membership: It has great value!(continued)

PMI DurhamHighlands Chapter

www.pmi-dhc.ca

PMI Durham Highlands serves the Eastern portionbetween Toronto and Ottawa. It was founded in 1998and incorporated in 2002.

The Chapter now counts more than 550 members.

Membership fee: $ 25Student fee available

Page 16: About pmi v2_feb2014dc

Your membership: It has great value!(continued)

The Lakeshore Chapter of the Project Management Institute is a non-profit bodyof volunteers established in 1998 to promote the effective use of provenmethodologies for structured project management in organizations in the Regionsof Peel, Halton, Hamilton-Wentworth and Niagara.

The Chapter has over 2400 members.

PMI LakeshoreChapter

www.pmi-lakeshore.org Membership fee: $ 25Student fee available

Page 17: About pmi v2_feb2014dc

Your membership: It has great value!(continued)

PMI CanadianTechnology TriangleChapterwww.pmi-ctt.org

Canada’s Technology Triangle Chapter of PMI is located in Canada’s TechnologyTriangle centered in Waterloo Region, 100 km west of Toronto. The chapter waschartered by PMI on March 20, 2001 and remains in good standing. Now grown toover 750 members, it continues to draw membership largely from Kitchener,Waterloo, Cambridge, and Guelph. Membership fee: $ 25

Student fee available

Page 18: About pmi v2_feb2014dc

Your membership: It has great value!(continued)

Canada’s South Western Ontario Chapter serves the London, Windsor andWestern region. This Chapter counts more than 600 members.

PMI South WesternOntario Chapter

www.pmiswoc.orgMembership fee: $ 30Student fee available

Page 19: About pmi v2_feb2014dc

Your membership: It has great value!(continued)

PMI OttawaValley Chapterwww.pmiovoc.org

Since 1995, PMI OVOC has enjoyed a substantial growth,led by extremely competent and committed volunteers.The membership for OVOC stands at more than 2100. Membership fee: $ 25

No student fee in place

Page 20: About pmi v2_feb2014dc

PMI® Certification Options

Certified Associates in Project Management (CAPM®)• Understand the processes and terminology and have a

fundamental knowledge of the PMBOK® Guide• Demonstrate knowledge of project management

practices• Contribute to project team as a Subject Matter Expert

Project Management Professionals (PMP®)• Are responsible for all aspects of the project for the life

of the project• Lead and direct cross-functional teams to deliver

projects• Demonstrate sufficient knowledge and experience to

apply a methodology to projects

Program Management Professionals (PgMP®)• Are responsible for achieving an organizational

objective by overseeing a program that consists ofmultiple projects.

• Define and initiate projects and assign projectmanagers to manage cost, schedule andperformance.

• Maintain alignment of program scope with strategicbusiness objectives.

PMI Risk Management Professional (PMI-RMP®):• A project risk management professional provides

expertise in the specialized area of assessing andidentifying project risks, along with plans to mitigatethreats and capitalize on opportunities.

• Responsible for identifying project risks and preparingmitigation plans.

• Supports project management and the team as acontributing member.

• Minimum of three years of project risk managementexperience.

PMI Scheduling Professional (PMI-SP®):• A project scheduling professional provides expertise in

the specialized area of developing and maintaining theproject schedule.

• Responsible for creating and maintaining the projectschedule.

• Supports project management and the team as acontributing member.

• Minimum of three years of project schedulingexperience.

PMI Agile Certified Professional (PMI-ACP®)• Most recent addition with over 4,600 certificants

PMI Portfolio Professional (PfMPSM) in pilot mode

PMI®’s credentials and professional development opportunities can help businessprofessionals start, build or advance their careers in project, program and portfoliomanagement:

PMI®

Page 21: About pmi v2_feb2014dc
Page 22: About pmi v2_feb2014dc

10 reasons to consider Certification

1. PMI® credentials show yourcommitment to the projectmanagement profession.

2. PMI® credentials recognizeyour knowledge, skills andabilities.

3. PMI® credentials reflectachievement.

4. PMI® credentials can lead togreater earnings.

5. PMI® credentials can lead tocareer opportunities andadvancement.

6. PMI® credentials prepare youfor greater jobresponsibilities.

7. PMI® credentials improveskills and knowledge.

8. PMI® credentials build selfconfidence.

9. PMI® credentials allow forgreater recognition frompeers.

10.PMI® credentials enhancethe profession.

Page 23: About pmi v2_feb2014dc

Impact of Certification on Salary

A recent (2013) PMI® Salary Survey shows that PMP® certification has a directimpact of about 9% on an individual’s salary.

* PMI® Salary Survey 8th Edition, 2013 – Canadian Figures

Page 24: About pmi v2_feb2014dc

CAPM

CAPM® Certification: Let’s be specific

CAPM® basicsCertified Associate in Project Management

• Exam- Multiple choice question exam

(4 choices)

- 150 questions, 3 hours(135 + 15 pretest)

- Pass ~65% (88 out of 135)

• Fee• $225US members

• $300US non-members

• Requirements for the application:

- High School Diploma

- 1500 hours of work and/or

- 23 Contact hours

• Once accepted, you have 1 year toproceed with the exam with the optionof 3 attempts

• CAPMs do not have to obtain PDUsto maintain the designation.

• CAPM® is valid for 5 years after whichyou can apply for PMP® or retakeCAPM® exam

© 2013 Project Management Institute, CAPM® Credential Handbook, Revised 24 July 2013

Page 25: About pmi v2_feb2014dc

PMP

PMP® Certification: Let’s be specific

PMP® basics:Project Management Professional designation

• Exam:– Multiple choice question exam

(4 choices)

– 200 questions(175 questions + 25 pretest)

– 4 hours

– Approximate pass is 61%or 106 correct answersout of 175

PMP® basics:Project Management Professional designation

• Exam:– Multiple choice question exam

(4 choices)

– 200 questions(175 questions + 25 pretest)

– 4 hours

– Approximate pass is 61%or 106 correct answersout of 175

• Fee– $405US members

– $555US non-members

• Retake– $275US members

– $375US non-members

– Once you apply you are eligiblefor the exam for a period of 1 year

– 3 attempts are allowed

• Fee– $405US members

– $555US non-members

• Retake– $275US members

– $375US non-members

– Once you apply you are eligiblefor the exam for a period of 1 year

– 3 attempts are allowed

© 2013 Project Management Institute, PMP® Credential Handbook, Revised July 30th 2013

Page 26: About pmi v2_feb2014dc

Requirements for the Application

If you have a bachelor’s degree

• 35 contact hours of formal projectmanagement education

• 36 months unique non-overlappingprofessional managementexperience

• at least 4500 hours spent leadingand directing project tasks

If you have a high school degree

• 35 contact hours of formal projectmanagement education

• 60 months unique non-overlappingprofessional experience

• at least 7500 hours spent leadingand directing project tasks

* The data for the required curriculum must be valid for the last 8 years.

** Project management experience must be obtained within 8 years of the date of application.

*** Leading and directing project tasks as identified in the PMP Examination Specification.

For degrees that were acquired outside of the United States or Canada, you will need to verify with PMI® as totheir compliance with the requirements.

Page 27: About pmi v2_feb2014dc

Become a PMI member. Cost $129 US.Time span: Online or one week through snail mail

Mandatory training / PM education for35 hours of credits (chapter, university, institute or REP)

Submit PMP® examination applicationCost : $405 US Time: Two weeks at most

Receipt of PMP® examination eligibilityletter from PMI (Time: two weeks)

Schedule examination date throughexam link at the Prometric center

Execute,Succeed & CelebrateTime: 4 Hours

Prepare for the examExam preparation class, study group, review

Seven Steps in your PMP® journey

Page 28: About pmi v2_feb2014dc

The first hurdle… applying

Apply Now if you have the requirements – Don’t Wait!

• You have to be approved by PMI® to take the exam, andyour approval is ‘valid’ for such a long time (one year) thatthere is no reason to delay application—even if you’renot even close to being ready for the exam. If you delayapplication until later, two undesirable things mayhappen:– You may be denied approval, in which case all that time and

money you spent preparing thus far goes to waste.

– You may be audited. This isn’t inherently bad, but the audit willadd time (about a month) to the approval process. This couldwreck your plan to take the exam before the baby is born, schoolstarts, or whatever.

Page 29: About pmi v2_feb2014dc

Registration Process

• Most people find the registration process very complicated andspend an enormous amount of time detailing their experience

• Create a simple spreadsheet to gather all of your information forease of registration

• For the CAPM® participants… this is probably the easiest part

• For the PMP® participants:– DON’T panic… just prepare a simple spreadsheet and work with % to

achieve your breakdown in each of the process groups (initiation, planning,executing, control, and closing)

– DON’T… stop at the 4500 or 7500 hours… document as much as you canover the period of 8 years

Page 30: About pmi v2_feb2014dc

Eligibility Notification

Once you have submitted your information… you now wait…

– An examination eligibility e-mail message, followed by a Letter, will bemailed to qualifying candidates on receipt of application

– PMI® will notify a candidate within 14 days. Don’t despair if you don’t see anotification right away

– All eligible applications are subject to auditing. Approximately 10% ofapplications are audited at random for accuracy

– Maintain support documentation for your records in case of audit

– Candidates must take the PMP® or CAPM® Certification Examination by theexpiration date shown on the eligibility notice

30

Page 31: About pmi v2_feb2014dc

Format of the PMP® Exam

• Computer based exam conducted in Prometric centers

• Exam is preceded by a 15-minute computer tutorial on the format of the exam

• Each question has exactly one correct answer. Most people find 4 hours to besufficient

• 200 multiple choice questions to be answered within 4 hours

– 25 questions are research questions randomly placed throughout the exam. Thesequestions are not evaluated while computing exam results

– There is no penalty for wrong answers

– Unanswered questions are treated as wrong

– On clicking the final submission button, the system will compute the results immediatelyand provide you with the Pass or Fail message

• Types of Questions:

– Situational Questions

– Questions with what appears to be two or more right answers

– Questions with extraneous information

– Out of the blue questions

– Questions where understanding is important

– Questions with new approach to known topic

Page 32: About pmi v2_feb2014dc

Exam Questions

These are approximate numbers as provided by PMI® updated 2013

PMP® – 175 questions(Pass means ~106 correct)

• Initiating 23

• Planning 42

• Monitoring & Controlling 44

• Executing 52

• Closing 14

Chapter 1

Chapter 2 20

Chapter 3

Chapter 4 17

Chapter 5 15

Chapter 6 16

Chapter 7 10

Chapter 8 8

Chapter 9 11

Chapter 10 8

Chapter 11 12

Chapter 12 9

Chapter 13 9

© 2013 Project Management Institute, PMP® and CAPM® Credential Handbooks, Revised 30 July 2013 and 24 July 2013, Pages 18 and 17.

CAPM® – 135 questions(Pass means ~88 correct)

Page 33: About pmi v2_feb2014dc

Program =1 PgMP overseeingmultiple projects

PMI’s Family of Credentials

Project =1 PMP holderand multipleCAPM holders

Organizational Project ManagementOPM3 Product Suite

Project =1 PMP holder andmultiple CAPMholders

OPM3® Product Suite Certification

Also added now:PMI – RPM

PMI – SPPMI – ACPPfMP

Page 34: About pmi v2_feb2014dc

After the Test

• Now that you’ve passed the exam, you will have to continuelearning to keep your PMP® certification. That said, it will becomesimpler as this is done via the collecting of PDUs (professionaldevelopment units) for specific activities related to projectmanagement

• 60 PDUs need to be earned over a period of 3 years in order foryou to retain your PMP® designation

• Stay in contact with your local Chapter for more information on howyou can collect these PDUs easily

• The CAPM® credential does not require you to accumulate PDUs.As part of the requirements for the CAPM®, you will have 5 years todecide whether to keep being a CAPM® or to move on to becominga PMP®

Page 35: About pmi v2_feb2014dc

Maintaining the CertificationsIt’s more than the PDUs

Don’t be this person!– It’s not hard

– It’s not complicated

– It should be part of your growth process

With a little work you can have your 60 PDUs in no timeas well as gain valuable working knowledge.

“Hi, My name is Jon Doe, PMP®

my certification is up forrenewal in 3 months.

What do I do ???”

Page 36: About pmi v2_feb2014dc

Maintaining the CertificationsIt’s more than the PDUs (continued)

Understanding the PDU process

• Once a person has gained a certification from PMI®

this person is required to maintain the certification byaccumulating a certain number of PDUs (Professional

Development Units) during their certification period (usually3 year cycle from the anniversary date).

• One exception to this rule, the CAPM® certification.

Page 37: About pmi v2_feb2014dc

Maintaining the CertificationsIt’s more than the PDUs(continued)

New Category Definition Old Category Limitations

Category AEducation PDUCourses offered by PMI’sREPs or Chapters

Category 3 and 4 No limitations per cycle

Category BContinuing Education fromFormal academiceducation

Category 1 No limitations per cycle

Category C Self-directed learning 2SDLMaximum of 30 PDUsper cycle in this area

Category DCreating new projectmanagement knowledge

Now includes:2A, 2B, 2C, 2D, 2E,2F and 2G

Maximum of 45 PDUsper cycle in CategoriesD, E and F

Note: F can be worth15of the 45 PDUs by itself

Category E Volunteer servicesNow includes:5A, 5B and 5C

Category FWorking as a professionalin project management

2H

Page 38: About pmi v2_feb2014dc

Maintaining the CertificationsIt’s more than the PDUs (continued)

Here are some ways to get PDUs:

• Attend a Chapter meeting or PD event

• Volunteer with your local Chapter

• Write a newsletter article

• Attend training programs at the University

• Teach a class

• Mentor a fellow project manager

• Schedule lunch & learn session at work

• Keep up to date on the latest PM publications

And so much more….

Page 39: About pmi v2_feb2014dc

Maintaining the CertificationsIt’s more than the PDUs (continued)

Page 40: About pmi v2_feb2014dc

Importance of VolunteeringGiving back and getting in

PMI® is always looking to advance the profession and assuch member support is a key to this effort. This isachieved through a great volunteering program.

There is no better way to maximize the value of your PMI®

membership than to get involved in a PMI® community.

These professional groups offer the chance to networkwith others in the field, discuss project management issuesand challenges, gain deeper knowledge of standard andpractices, and participate in events and educationalopportunities.

Page 41: About pmi v2_feb2014dc

Importance of VolunteeringGiving back and getting in (continued)

Some of the benefits of volunteering include:

• Networking opportunities

• Sharing knowledge and experiences

• Becoming more active in the project management profession

• Contributing to and advancing as well as enhancing the profession

• Personal satisfaction

• Earning PDUs to support your certification maintenance

• Getting involved in a community hence becoming part of thatcommunity and establishing key relationships

• Active members of the PMI® community have great opportunitiesthrough the Leadership Institute as well as Global Congresses

Page 42: About pmi v2_feb2014dc

Importance of VolunteeringGiving back and getting in (continued)

Some volunteering opportunities:

• Be part of a local Chapter (no contributions is too small)

• Assist in improving a Standard

• Volunteer your PM services to a non profit group

• Become part of a Committee at the Global level

• Write articles of interest for the PMI® publications

• Get involved in Project World

• Become a presenter at one of the PMI® Congresses

• Become a mentor via a Chapter membership program

• Work as part of the PMI® Education foundation (PMIEF)

And so much more…

Page 43: About pmi v2_feb2014dc

PMI® volunteers are: People like you and me working tolearn more about and better the project

management profession.

Page 44: About pmi v2_feb2014dc

Any questions?

Page 45: About pmi v2_feb2014dc

We hope that this session was beneficial andanswered some of your questions about PMI®.

Do not hesitate to contact me ifyou have further questions.

Thank you for your participation!

Page 46: About pmi v2_feb2014dc

Key Resources

• www.pmi.org(a must…) Please download any of theCertification Handbooks as soon as possible ifyou have not done so already.

These site will help you prepare:• www.pmstudy.com• www.whizlabs.com• www.projectiopm.com• www.pmcampus.com• www.preparepm.com

There are countless sites, books andinformation dedicated to passing or studyfor these exams… just use what works foryou for the least cost. Be careful ofversion control for the PMBOK® Guidecontent.

Each local Chapter websites:– www.pmi-dhc.ca (local to Durham Region)– www.soc.pmi.on.ca– www.pmi-ctt.org– www.pmi-lakeshore.org– www.pmiswoc.org

Books that are good:– Andy Crowe

(How to pass the PMP Exam on the first try)

– Head First PMPAgain here 1000s of books… be careful

• Look at available networking groups onYahoo and LinkedIn

• Lots of stuff on YouTube as well

Listed below are some key resources that will assist you in either the registration orpreparation processes for the PMP® certification: