PROJECT MANAGEMENT PROFESSIONAL (PMP®) CERTIFICATION BRIEFING

PROJECT MANAGEMENT PROFESSIONAL (PMP®) CERTIFICATION BRIEFING

19 MAY 2010

Society of American Military Engineers

19 May 2010

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SAME- PMP Certification

Agenda

IntroductionsOverview

Project Management Institute (PMI)

PMI Family of Credentials Why a PMP Credential? PMP Qualifications PMP Timeline

PMP ExamIs It Worth Becoming a PMP?Questions

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Speakers

Mr. Dave Neeley, PMPMr. Mark Kuehl, PMP

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A not-for-profit Professional Organization Founded in 1969 317,962 members and 375,959 Active PMPs 250 chapters in over 70 countries

“Primary goal is to advance the practice, science and profession of project management throughout the world in a conscientious and proactive manner so that organizations everywhere will embrace, value and utilize project management and then attribute their successes to it.”

Contact: www.pmi.org 19 May 2010

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PMI Family of Credentials

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Why a PMP Credential?

Government, commercial and other organizations employ PMP certified project managers in an attempt to improve the success rate of projects in all areas of knowledge, by applying a standardized and evolving set of project management principles.

Professionals obtain the credential to verify their proficiency in project management with an internationally accepted certificate.

Contracts may require that project managers to be PMP® certified. 19 May 2010

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PMP Qualifications

Eligibility Requirements: Secondary diploma (high school diploma) 5 years project management experience

with at least 7,500 hours spent leading and directing project tasks and 35 hours project management education

OR Four-year degree (bachelor’s degree) 3 years project management experience

with at least 4,500 hours spent leading and directing project tasks and 35 hours project management education

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Timeline of the PMP Credential Process

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Application Submission Window open 90 days

Application Completeness Review 5 business days

(when submitted online)

Applicant Payment Process(cannot schedule exam until you

submit payment of credential fees)

Audit Process(if application is selected)

5 business days

Multiple-ChoiceExamination Eligibility

1 year(from the date of the application

approval)

Certification Cycle3 years

(from the date the exam is passed to obtain and report PDUs toward

credential maintenance)

Source: PMP Credential Handbook – revised August 2009©2009 Project Management Institute Inc. All rights reserved.

Primary Body of Knowledge (PMBOK ®)

Is a recognized standard for the project management profession that describes the norms, methods, processes and practices.

Evolved from the recognized good practices of project management practitioners who contributed to the development of the standard.

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PMP Exam

The PMP exam is based on six performance domains (five project management process groups plus professional responsibility)*:

1. Initiating 2. Planning3. Executing 4. Monitoring and Controlling5. Closing 6. Professional and Social Responsibility

The Exam also covers nine project management knowledge areas (which have 42 processes)*:

1. Integration 2. Scope3. Time 4. Cost5. Quality 6. Human Resource7. Communications 8. Risk9. Procurement

The exam consists of 200 multiple choice questions written against this specification and must be completed in four hours.

* p. 43 PMBOK®

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Notional Test Questions

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PMP Exam Preparation

Read PMBOK several timesSupplement reading with

Boot camp training and/or Self study with other reference

books and/or on-line coursesAccording to PMI, the targeted rate of success (i.e. percentage of candidates passing vs. failing) is low 70 percentile.

Candidates can take the test up to 3 times. 19 May 2010

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Case Study

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Based on the salary increases experienced by IT professionals with the PMP, this credential carries some clout and is capturing great interest. Membership statistics from PMI indicate that the Computers/Software/DP and IT industries are the top two industry areas among PMI members, with about 15,000 and 12,000 members respectively in each industry category.

In whatever way people prepare to become certified Project Managers, the benefits are immeasurable to both the employee and the employer. Employees are rewarded with increased salaries, job promotions, and in general, better job prospects. Employers who use PMPs are assured that they have hired Project Managers who have a core competency in Project Management and the requisite experience to perform as a project manager. Studies have shown that projects managed by people who are not certified Project Managers have only a 25% chance of success, whereas projects run by those who are knowledgeable in Modern Project Management tools and techniques - as are people with the PMP certification - have a 75% success rate.

Is It Worth Becoming a PMP?

Salary: The PMP certification has a positive effect on the Project Manager’s salary, as the average salary for PMP certified Project Managers is currently above the $100K mark in the United States (2009 statistics).

Market Demand: The demand for the PMP is big, and it’s

growing every day, and there is no sign that this demand will lessen in time. In fact the demand has actually increased even with the 2008-2009 recession.

Prestige and Recognition: The PMP is still a prestigious certification, with difficult eligibility criteria, a hard test, as well as requiring constant maintenance (e.g. acquiring PDUs). The PMP certification is highly regarded both in the United States and internationally.

Increased Project Management Knowledge: Studying for the PMP will help the applicant learn new Project Management concepts, or understand concepts better.

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Questions

Your Name Here

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