Published on February 26, 2014
Becoming Project Management Professional (PMP) through PMBOK Guide 5th Edition by PMI®, CAPM®, PMP® and PMBOK® are registered marks of the Project Management Institute, Inc.
About PMI • One of the world’s largest not-for-profit membership associations for the project management profession • Empowered more than 700,000 members through professional resources and research • Globally recognized standards and certification programs • Certifications offered • • • • • • • Certified Associate in Project Management (CAPM)® Project Management Professional (PMP)® Program Management Professional (PgMP)® Portfolio Management Professional (PfMP) PMI Agile Certified Practitioner (PMI-ACP)® PMI Risk Management Professional (PMI-RMP)® PMI Scheduling Professional (PMI-SP)®
Why PMI or PMP Credential • Recognize your knowledge, skills and abilities • Career opportunities and advancement • Greater recognition from peers • Greater job responsibilities • Improve skills and knowledge • Lead to greater earnings • Demonstrate individual’s commitment towards Project Management
Project Management – Factsheet • One of the top skill sets demanded by organizations around the world • 20% of the world’s GDP, or more than $12 trillion, is spent on projects • 64% of organizations worldwide face major strategic impact due to skilled practitioners retirement • 75% of executives believe their company's performance could improve if their employees gained certain key skills • 73% of projects at organizations with high project management maturity meet their original business goals and intent • On average - more than US$120,000 at risk for every US$1 million spent on projects. Source: www.pmi.org, www.shrm.org, and PMI’s 2012 Pulse of the Profession survey
PMI Statistics – as of Dec 2013 439,689 594,603 24,450 995 1,090 2,584 4,641 265 238,217 •Members – 10.6% increase over the prior 12 month period •Total PMP® credential holders •Total CAPM® credential holders •Total PgMP® credential holders •Total PMI-SP® credential holders •Total PMI-RMP® credential holders •Total PMI-ACP® certification holders •Total PMI chapters •Total chapter membership Source: Statistics published by www.pmi.org as of Jan’14
PMP® - Factsheet 594,603 • Total PMP® credential holders #1 $92,000 • Ranked among top paying PM certifications for 2012 • Median annualized salary of PMP - survey conducted in 29 countries, 30,000 practitioners $105,000 • Median annualized salary of PMP in USA $43,000+ • Median annualized salary of PMP in India with experience between 10-15 yrs Rs. 6 Lakhs • Median annualized salary of PMP in India based -> 24.5 Lakhs on experience and role Source: Statistics published by www.pmi.org as of April 2013
PMP® Eligibility Requirements Educational Background Project Management Experience PM Education Secondary degree (high school diploma, associate’s degree or global equivalent) Minimum five years/60 months unique nonoverlapping professional project management experience during which at least 7,500 hours were spent leading and directing the project* 35 contact hours Four-year degree (bachelor’s degree or global equivalent) Minimum three years/36 months unique non-overlapping professional project management experience during which at least 4,500 hours were spent leading and directing the project* 35 contact hours
PMP® Application Process Application Submission Schedule Examination (www.prometric.com) Attend Examination Application Completeness Review Audit Process (if application selected) Examination Eligibility • Valid for 1 year • 3 Attempts allowed Applicant Payment Process PMP Credential Source: Project Management Professional (PMP)® Handbook / www.pmi.org
PMP® Examination Fee Examination Type PMI Membership Status Fee in US Dollars Computer-based testing (CBT)* Member** $405 Computer-based testing (CBT Nonmember $555 Reexamination CBT Member $275 Reexamination CBT nonmember $375 Credential renewal member $60 Credential renewal nonmember $150 * Paper based Examination is also available under certain conditions ** Membership Fee $139 as applicable Source: Project Management Professional (PMP)® Handbook / www.pmi.org
PMP® Examination Fee Policy – as of Dec’13 Refund • Written request to PMI at least 30 days before exam eligibility expiration date • PMI will retain $100 processing fee, if candidate not yet scheduled or taken exam • Candidate can receive refund, less a $100, in case of failure to meet audit requirements No Refund • One year eligibility expired and candidate has not scheduled the examination • Candidate scheduled examination and did not take it, without any intimation to PMI or Testing administration Partner Visit www.pmi.org for latest information
PMP® Exam Rescheduling/Cancellation Policy 30 days before appointment • No Fee Within 30 days of appointment • Candidate will be charged a fee of $70 Within 2 days of appointment • No refund • Candidate will forfeit entire exam fee Visit www.pmi.org for latest information
PMI Audit Process • All applications are subject to an audit • Only a percentage of applications are selected for audit • The selection of an application for audit is random • In case of an audit, applicant will be asked to submit supporting documentation such as: • Copies of diploma/global equivalent • Signatures from supervisor(s) or manager(s) from the project(s) recorded in the experience verification section of the application • Copies of certificates and/or letters from the training institute(s) for each course recorded on the application to meet the required contact hours of project management education
PMI Membership • Get the licensed softcopy of PMBOK Guide • Get the licensed softcopies of other standards • Access to articles at PMI.org knowledge base • Knowledge sharing and networking opportunities through PMI chapters and communities of practice • Exclusive, members-only resources and information on PMI.org
PMP® Examination Information 200 Questions, 4 Hours 175 Scored Questions 25 Questions no score (pretest)
PMP® Examination Blueprint % of questions 8% 13% Initiating 25% Planning 24% Executing Monitoring and Controlling Closing 30% Source: Project Management Professional (PMP)® Handbook / www.pmi.org
Examination Blueprint % of questions 7% 7% Chapter 3 Chapter 4 15% Chapter 5 9% 12% Chapter 6 Chapter 7 Chapter 8 6% Chapter 9 11% 8% Chapter 10 Chapter 11 6% 7% 12% * Percentage of questions by chapter of PMBOK Guide 5th Edition Chapter 12 Chapter 13
PMBOK® Guide • A Guide to the Project Management Body of Knowledge • Presents a set of standard terminology and guidelines for project management • Provides and promotes a common vocabulary within PM profession for using and applying PM concepts • Describes work as being accomplished by processes • Processes are described in terms of: • Inputs (documents, plans, designs, etc.) • Tools and Techniques (mechanisms applied to inputs) • Outputs (documents, products, etc.) The book for PMP® Examination Preparation
PMBOK® Guide - Journey 2012 2008 2004 2000 1996 1983 • Fifth Edition was published • Fourth Edition was published • Third Edition was published • Second Edition was published • First Edition was published • Published as a white paper in an attempt to document and standardize generally accepted PM information and practices
Course Outline 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. Introduction Project Lifecycle Project Management Processes Project Integration Management Project Scope Management Project Time Management Project Cost Management Project Quality Management Project Human Resource Management Project Communications Management Project Risk Management Project Procurement Management Project Stakeholder Management
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PMP Course Offering • 35 Hours of PM Education that is required for PMP Application • Hard copy of course material for face-face workshop • Mock tests to practice during the workshop and later • Interactive approach to understand concepts thoroughly • Speak to our PMP coach before workshop • Support in understanding PMP Application and Audit process • Post training support to participants over phone and web • Hundreds of mock questions to practice with answer explanation for many of them • And lot more...
PMP Workshop Formats Classroom workshops Corporate Workshops Virtual Online Workshops Consulting Services
Who can opt for PMP Workshop Working Professionals Corporate companies Independent consultants Entrepreneurs & Start-Ups
Array of courses we offer Project Management Training Technical Training Soft skills Training Career Readiness Training
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