Project Management - Author: Robert Banks
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Transcript of Project Management - Author: Robert Banks
Robert S. Banks, MBA, PMP
April 3, 2010
Objective
Provide attendees with a clear purpose and path for Project Management Professional Certification
Why?How?
Agenda
Definitions Why Become a PM Professional (PMP) How to Become Certified How Do You Stay Certified Questions
Definitions Project – a temporary endeavor
undertaken to create a unique product, service or result (PMBoK)
Project Management – the application of knowledge, skills, tools and techniques to project activities to meet project requirements
Certification – obtaining a certificate that attests to the truth of an event or some statement
Certifications
ITIL – Information Technology Infrastructure Library
CIA – Certified Internal Auditor
CISSP – Certified Information Systems Security Professional
CCNP – Cisco Certified Network Professional
MCSD - Microsoft Certified Software Developer
CFA – Certified Financial Planner
CPA – Certified Public Accountant
Industry Certifications• Aviation• Construction• Healthcare• Business & Finance• Technology
PMI Top 10 Reasons
1. Show your commitment to the project management profession
2. Recognize your knowledge, skills and abilities
3. Reflect achievement4. Can lead to greater earnings5. Can lead to career opportunities and
advancement
PMI Credentials…
PMI Top 10 Reasons
6. Prepare you for greater job responsibilities
7. Improve skills and knowledge
8. Build self confidence
9. Allow for greater recognition from peers
10. Enhance the profession
PMI Credentials…
InformationWeek MagazineSurvey Result – Feb. 2010
Management Base Pay w/ Certification
Staff Base Pay w/ Certification
Staff Base Pay w/o Certification
Management Base Pay w/o Certification
What Do Local PMP’s Say?#1 “I became a PMP to effectively manage the various projects
assigned to me. I stay certified because the test was a killer. “ Jennifer M.
#5 “I became a PMP because this credential is highly regarded in the business community and will set me apart from other candidates. I am staying certified because it was a very difficult test…not to mention all the great stuff you learn while meeting the certification criteria.” Colleen M.
#3 “…this certification would help solidify my project management skills… “ Missy N.
#2 “My main reason for becoming a PMP was to learn a better, more structured approach to managing projects. …better equip me with tools and techniques…to manage the chaos..” Thomas H.
#4 “…it makes you more marketable since more and more employers are requiring PMP certification when applying. I have gotten more consideration because of having my PMP…” Joe E.
#6 “…to become more efficient and effective by learning and using industry accepted methodology and processes… I am staying certified to further my career and to continue learning as a PM.” Mike E.
What are Your Reasons?
1. ________________________________
2. ________________________________
3. ________________________________
PMP Eligibility RequirementsEducational Background
PM Experience PM Education
H.S. Diploma, Associate Degree, or Global Equivalent
Minimum 5 years/60 months, and 7,500 hours of PM experience
35 contact hours of formal education
or
Bachelor’s Degree or Global Equivalent
Minimum 3 years/36 months, and 4,500 hours of PM experience
35 contact hours of formal education
Key Steps to Certification
The Application Checklist Formal Name Valid Email Address Document Education Document Professional Experience Document 35 Contact Hours of PM
Training Affirm – Read/Understand
Policies/Procedures Affirm – True and Accurate Information
provided Make Payment - $405/$555
Applying Online
Documenting Project Experience
Documenting Project Experience
Documenting Project Experience
Exercise: Identifying Project Work1. Daily cash reconciliation
a) Projectb) Not a project
2. Planning a family reunion in Arubaa) Projectb) Not a project
3. Implementing Windows 7 on all company PC’s
a) Project b) Not a project
Exercise: Identifying Project Work4. Organizing the company’s annual picnic
a) Projectb) Not a project
5. Developing and producing the monthly financial reports Jan-Dec
a) Projectb) Not a project
6. Developing a start-up company’s business plan
a) Project b) Not a project
Exercise: Start Documenting Your PM Experience (1) Take 5 minutes and write down samples of
your past work experiences that fall into the “project” categoryTitle: State the Objective:
Document Your Role:
Start Date: End Date:Verification Contact Info:
Exercise: Start Documenting Your PM Experience (2) Take 5 minutes and write down samples of
your past work experiences that fall into the “project” categoryTitle: State the Objective:
Document Your Role:
Start Date: End Date:Verification Contact Info:
35 Contact Hours
Training Providers PMI Registered Education Providers
(R.E.P.’s) PMI Components Organizations Employee/Company-sponsored
Programs Training Companies & Consultants Distance-learning Companies University/Colleges Academic and
Continuing Education Programs
PM Knowledge Areas
PM Knowledge Areas
PM Knowledge Areas
PM Knowledge Areas
PM Knowledge Areas
PM Knowledge Areas
PM Knowledge Areas
PM Knowledge Areas
PM Knowledge Areas
Triple Constraints
Scope Cost
Time
PMP Examination Information
Number of Scored Questions 175
Number of Pretest (Unscored Questions)
25
Total Examination Questions 200
Allotted Examination Time = 4 Hours
Exam Blueprint
Domain Percentage of Questions
Initiation 11%
Planning 23%
Executing 27%
Monitoring & Controlling 21%
Closing 9%
Professional & Social Responsibility
9%
Exam Results
Overall Pass/Fail Score Assignment of one of the 3 Proficiency
levels to each Domain:ProficientModerately ProficientBelow Proficient
Sample Question #1
1. A document that formally recognizes the existence of a project is a:A. Gantt Chart
B. WBS
C. Project Charter
D. Scope Statement
Sample Question #2
2. Which type of contract provides the least amount of risk for the buyer?A. Firm Fixed Price
B. Fixed Price Incentive
C. Cost Plus Incentive Fee
D. Cost Plus Fixed Fee
Sample Question #3
3. If the EV for a project is $30,000, the AC is $33,000, and the PV is $25,000, what is the cost variance?A. $3,000
B. - $3,000
C. $5,000
D. - $5,000
Sample Question #4
4. If a project team goes from three to five people, how many more communications channels are there?A. 7
B. 6
C. 5
D. 4
Sample Question #55. One of your senior technical specialists informs you a major
design flaw exists in a systems development project you are managing. You are already testing the system and planned to roll it out to more than 5,000 users in a month. You know that changing the design now will cause several costs and schedule overruns. As project manager, what should you do first?A. Issue a stop work order until you understand the extent of
the project.B. Notify your project sponsor immediately to see if there are
additional funds available to work on this problem.C. Notify your senior management and let them decide what to
do.D. Hold a meeting as soon as possible with key members of
your project team to discuss possible solutions to the problem.
After Passing the Exam
Certificate PackageCongratulatory LetterCredential Certificate
○ Credential NumberInformation for Maintaining Credential
○ Renewal Date
Maintaining Certification
Professional Development Units
Professional Development Units
Category Description PDU’s
1 Formal academic education No maximum
2 Author, Speaker, Teacher on project management topics
5 - 40
3 Training from PMI Registered Training Partners
No maximum
4 PM content – Other Provider (per each hour)
1
5 Officer of PM OrganizationCommittee Member of a PM OrganizationCommunity/Charity PM Work
1 - 20
Must attain 60 PDU’s during the Certification Cycle – 3 years
Sample Ways to Attain PDU’s
Category Description PDU’s Earned
Code of Conduct Vision & Purpose
Doing what is right and honorableHigh standardsInstill confidence in the professionHelp an individual to become a better
practitioner Persons to Whom the Code Applies
All PMI MembersAll PMP’s and those seeking the PMP Non-PMI Members volunteering for PMI
Code of Conduct
Standards of Conduct (Aspirational/Mandatory)
ResponsibilityRespectFairnessHonesty
Quick Review
What’s project? How many PM hours do you need to
document on your application? How many questions on the exam? How many training hours do you need? Name a way to get your PDU’s Name a standard in the Code of
Professional Conduct
Agenda
Definitions Why Become a PM Professional (PMP) How to Become Certified How Do You Stay Certified Questions
Backup Slides