PMP - PMBOK6 -2018

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Information about PMP - PMBOK6 -2018
Education

Published on July 19, 2018

Author: vinithnalam

Source: authorstream.com

slide 1: PMI ® Project Management Professional PMP ® Workshop PMI PMP PMBOK PMI Talent Triangle are registered marks of Project Management Institute Inc. slide 2: About Project Management Professional PMP® 2 © 2018 ExcelR Solutions. All RightsReserved slide 3: Why PMP ®  To become a better project manager as the best practices have been included procured from myriad project managers across the globe.  Increases the success rate of your project as you become more organized.  Minimizing resource utilization and making a project cost effective .  Changes how others look your abilities.  To keep your job promoted or get a job.  Hike in your current salary Help you to get ahead 3 © 2018 ExcelR Solutions. All RightsReserved slide 4: Exam Eligibility Requirement Category Eligibility of Education Formal PMP ® training hours Hours leading and directing project One Bachelors Degree or global equivalent 35 Contact Hours 4500 hours Two High school diploma associate degree or global equivalent 35 Contact Hours 7500 hours  After paying the examination fee online PMI ® will send an authorizationletter  Exam must be taken within one year of receiving the authorization letter  PMI may randomly choose to send your application for auditing  Y ou need to contact a prometric center to schedule a date for the exam 4 © 2018 ExcelR Solutions. All RightsReserved slide 5: Examination Pattern Total 4 Hours duration Out of 200 25 are considered as pre-test questions zero marks and only 175 are scored for the exam result Grading system is followed to arrive at the result Pass or Fail. Result is based on the individual grades on each process group. Grades are  Below proficient  Proficient  Moderately Proficient  There is no negative marking. 5 © 2018 ExcelR Solutions. All RightsReserved slide 6: Distribution of Q’s across Process Groups Process Group Percentage of Questions Initiating 13 Planning 24 Executing 31 Monitoring Controlling 25 Closing 7 Note: This of distribution might vary as required by PMI ® . 6 © 2018 ExcelR Solutions. All RightsReserved slide 7: Introduction to Project Management 7 © 2018 ExcelR Solutions. All RightsReserved slide 8: What is a Project  What is a Project  A project is a temporary endeavour undertaken to create a unique product service or result  Projects drive change enable business value creation and have an initiation context  A project can create: A product that can be either a component of another item or an end item in itself A capability to perform a service or A result such as an outcome or document. 8 © 2018 ExcelR Solutions. All Rights Reserved Project Management Institute A Guide to the Project Management Body of Knowledge PMBOK ® Guide - Sixth Edition Project Management Institute Inc. 2017 Page 4-6 slide 9: Programs Portfolio Project Management exists in a broader context governed by:  Program Management  Portfolio Management  Organizational project management OPM and strategies Program Management: It is a group of related projects managed in a coordinated way to obtain benefits and control not available from managing them individually. It focuses on project interdependencies and optimal approach for managing them. Programs and projects deliver results For example New aircraft manufacturing program has multiple related projects. Project A – manufacture cockpit Project B – manufacture fuselage Project C – manufacture turbine engine etc. 9 © 2018 ExcelR Solutions. All Rights Reserved Project Management Institute A Guide to the Project Management Body of Knowledge PMBOK ® Guide - Sixth Edition Project Management Institute Inc. 2017 Page 14 slide 10: Programs Portfolio  Portfolio Management: It refers to a collection of projects or programs may not be necessarily related or interdependent and other work that are grouped together to facilitate effective management of that work to meet strategic business objectives. Portfolios make value decisions For example Aircraft manufacturer may have business lines such as domestic aircraft manufacturing international aircraft manufacturing warfare aircraft manufacturing etc.  Note: Organizational Project Management OPM - Integrates project program and portfolio management with organizational enablers to achieve strategic objectives. In other words do the right projects and allocate of resources for them 10 © 2018 ExcelR Solutions. All Rights Reserved Project Management Institute A Guide to the Project Management Body of Knowledge PMBOK ® Guide - Sixth Edition Project Management Institute Inc. 2017 Page 15 -16 slide 11: What is Project Management  It is the application of knowledge skills tools and techniques to project activities  Using the 49 processes and 5 process groups i.e. Initiating Planning Executing Monitoring Controlling and Closing with appropriate application and integration project management can be accomplished. 11 © 2018 ExcelR Solutions. All RightsReserved slide 12: Project Constraints Scope Quality Schedule Budget Resources Risk 12 © 2018 ExcelR Solutions. All RightsReserved slide 13: Project Vs Operations  Operations are an organizational function performing the ongoing execution of activities that produce the same product or provide a repetitive service V alue is realized in operations Examples: Manufacturing Production operations et c…  Though temporary in nature Projects can help achieve the organization goals when they are aligned with the or ga ni z a t i o n ’ s strategy. 13 © 2018 ExcelR Solutions. All RightsReserved slide 14: Project Life Cycle Project life cycle - A collection of sequentially typical – and sometimes overlapping project phases determined by management and needs of the organization Phase – A number of relatedactivities resulting in deliverables Types of project life cycle:  Predictive  Adaptive Agile Characteristics of the project life cycle:  Starting the project  Organizing and preparing  Carrying out project work  Closing the project 14 © 2018 ExcelR Solutions. All Rights Reserved Project Management Institute A Guide to the Project Management Body of Knowledge PMBOK ® Guide - Sixth Edition Project Management Institute Inc. 2017 Page 1819 Fig 1-2 Page 548 slide 15: Development Life Cycle Phase Gate 15 © 2018 ExcelR Solutions. All Rights Reserved Project Management Institute A Guide to the Project Management Body of Knowledge PMBOK ® Guide - Sixth Edition Project Management Institute Inc. 2017 Page 1921 Development life cycles – Those phases of the project lifecycle where product development happens Types of development life cycle  Predictive waterfall  Iterative  Incremental  Adaptive Agile  Hybrid mix of predictive and adaptive Phase gate – Aphase-end review with a decision to  Continue to next phase as is or with modification  Remain in the same phase or repeat some of the phase work  End the project slide 16: www.excelr.com enquiryexcelr.com Toll FREE : 1800-212-2120 India 0044-203-514-6638 UK 006-128-520-3240 Australia 001-844-392-3571 USA +2348181496946 Nigeria THANK YOU CONT ACT US

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