SlideShare uma empresa Scribd logo
1 de 32
GDAS PM Professions:
PMP Study Group
                              Session #2: Project Framework & PM Processes




Monique Howard
August 21, 2008

© 2005 Hewlett-Packard Development Company, L.P.
The information contained herein is subject to change without notice
Agenda
•   Summary of Focus
    − Project Management Framework
    − Project Management Processes
•   Open Forum: Participant Questions
•   Study Group Questions
•   Wrap Up
Project Management Framework
•   Key concepts to understand:
    − Project vs. Operational Work
    − Triple Constraint
      • Scope, Time and Cost
      • Quality, Risk and Customer Satisfaction (Extended)
    − PM Areas of Expertise
      •   PM Body of Knowledge
      •   Application Area Knowledge, Standards and Regulations
      •   Understanding the Project Environment
      •   General Management knowledge and skills
      •   Interpersonal skills
    − PMO: Project Management Office
    − Difference between project and program
Project Management Framework
•   Key concepts to understand:
    − Stakeholder Management
      • stakeholder – anyone whose interests may be positively or
        negatively impacted by the project (customer, project team,
        sponsor, PMO, etc.)
      • Identify all of them and determine all their requirements,
        determine their expectations, communicate and manage them.
    − Project Life Cycle common characteristics:
      • At the beginning risk is high, impact is low, stakeholder
        influence is high, cost and staffing levels are low.
    − Organizational Structures:
      • Functional, Matrix and Projectized
      • Differences, Advantages/disadvantages
    − PM Authority
      • Formal/Legitimate, Reward, Penalty/Coercive, Referent,
        Expert/Technical, Charismatic.
Project Management Processes
•   Key concepts to understand:
     − Five PM Processes and PDCA
        • Initiating = Start the Cycle
            − Defines and authorizes the project or a project phase
            − Project Charter and Preliminary Project Scope statement are the major outputs of this
                process
        • Planning = Plan
            − Define and refines objectives, and plans the course of action required to attain the
                objectives and scope that the project was undertaken to address
            − A Project Management Plan is the result of this process
        • Executing = Do
            − Integrates people and other resources to carry out the project management plan for
                the project
        • Monitoring & Controlling: Check and Act
            − Regularly measures and monitors progress to identify variances from the project
                management plan so that corrective action can be taken when necessary to meet
                project objectives
            − One of the worst scoring knowledge areas
        • Closing = End the Cycle
            − Formalizes acceptance of the product, service or result and brings the project or a
                project phase to an orderly end.

     − PMBOK
        •   ITTO Matrix, Page Number: 70
Open Forum: Participant Questions



  If you have a question, raise your hand
Study Group Questions
Delivery Format:

•Each Question will be displayed and read
•Survey Box will be used to solicit answer
•Based on responses, we will discuss options
•Answer will be revealed
1. Which of the following is not a characteristic of a project?

          A.   Constrained by limited resources
          B.   Planned, executed and controlled
          C.   Creates a unique product or service
          D.   Can be ongoing and repetitive




    Answer: D
    Justification: A project is a temporary endeavor undertaken to
    create a unique product, service or result ... Temporary means
    that every project has a definite beginning and a definite end.

    Reference: PMBOK Third Edition, Page Number: 5
2. In a kick-off meeting for your project, you provided information to your
    team members about the different process groups which will be
    followed during project implementation. According to PMI, what are the
    project management process groups?


   A.   Conceptualizing, Initiating, Executing, Monitoring and Controlling, Closing
   B.   Initiating, Planning, Executing, Monitoring and Controlling, Closing
   C.   Initiating, Verifying, Executing, Monitoring and Controlling, Closing
   D.   Initiating, Planning, Executing, Controlling, Administrative Closure




         Answer: B
         Justification: The five process groups are:
         Initiating Process Group
         Planning Process Group
         Executing Process Group
         Monitoring and Controlling Process Group
         Closing Process Group

         Reference: PMBOK Third Edition, Page Number: 41
3. You are managing the release of a new drug in the market. Your role is
    that of a:

  A. Functional Manager, because you have good functional knowledge of the
     pharmaceutical industry
  B. Project Manager, because you are creating a unique product within
     specific time schedules
  C. Operations Manager, because you have to do several repetitive tasks
  D. Program Manager, because you have to manage several sub-projects to
     effectively do your job


        Answer: B
        Justification: A project creates unique deliverables, which are
        products, services or results. Projects can create:... A capability to
        perform a service, such as business functions supporting
        production or distribution

        Reference: PMBOK Third Edition, Page Number: 5
4. During a team meeting, a team member asks about the measurements
    that will be used on the project to judge performance. The team member
    feels that some of the measures related to activities assigned him are
    not valid measurements. The project is BEST considered in what part of
    the project management process?


            A.   Closing
            B.   Monitoring and Controlling
            C.   Executing
            D.   Initiating




   Answer: C
   Justification: This situation does not describe an actual measurement (a
   monitoring and controlling activity) but rather a meeting occurring during
   project executing talking about control issues

   Reference: Rita Mulcahy, Page Number: 84
5. As a project manager in the automobile industry, you have to be aware
    of government regulations about the width of vehicles, type of fuel to
    be used, safety requirements etc. You should also have knowledge of
    the guidelines, best practices and standards which are used in the
    industry.

     In this context, which statement related to Standards and Regulations
     is not correct?
A.   A Standard is a document established by consensus and approved by a recognized body
B.   Regulations are mandatory but Standards are not mandatory
C.   Standards after widespread adoption may become de facto regulations
D.   The influence of standards and regulations on a project is always known


        Answer: D
        Justification: The project manager should try to find out the
        different standards and regulations which may impact the project.
        However, the influence of standards and regulations on a project
        is not always known.

        Reference: pmstudy notes as mentioned above.

        Also, please refer to PMBOK Third Edition, Page Number: 13
6. Your IT Company is responsible for making software virus programs.
    You are responsible for managing both the individual product releases
    and the co-ordination of multiple releases over time. Your role is that of
    a:
           A.   Program Manager
           B.   Project Manager
           C.   Functional Manager
           D.   Operations Manager




       Answer: A
       Justification: A program is a group of related projects managed
       in a coordinated way to obtain benefits and control not available
       from managing them individually. Programs may include elements
       of related work outside the scope of discrete projects in the
       program.

       Reference: PMBOK Third Edition, Page Number: 16
7. You have reached the end of the design phase of your project. You decide to call a
    "phase end review" for obtaining authorization to close the design phase and
    initiate the next phase (i.e. execution phase) of your project.

   Your manager disagrees with your suggestion. He wants a "kill point" to formally
   end the design phase of the project. In this context, you should:


  A.  Disagree with your manager because you know that phase end reviews should be
     used at the end of each phase of the project
  B. Agree with your manager
  C. Escalate this issue to the project sponsor
  D. Take advice from a senior project manager about what should actually be done at the
     end of each phase of the project


   Answer: B
   Justification: A phase end review can be held with the explicit goals of obtaining
   authorization to close the current phase and to initiate the subsequent one... Phase end
   reviews are also called phase exits, phase gates, or kill points.

   Reference: PMBOK Third Edition, Page Number: 23

   pmstudy notes: Essentially both you and your manager are talking about the same thing
   (i.e. "phase end reviews" are also referred to as "kill points")
8. A project manager has very little project experience, but he has been
    assigned as the project manager of a new project. Because he will be
    working in a matrix organization to complete his project, he can
    expect communications to be:

           A.   Simple
           B.   Open and accurate
           C.   Complex
           D.   Hard to automate




      Answer: C
      Justification: Because a project done in a matrix organization
      involves people from across the organization, communications
      are more complex

      Reference: Rita Mulcahy, Pages, 27 – 30, 35
9. You are working in the Project Office of your organization. What is
    your job responsibility?


  A. Managing the operational activities in the company.
  B. Managing Human resource and Risk Management issues for projects
  C. Providing support functions to Project Managers in the form of training,
     software, standardized policies etc.
  D. Providing Subject Matter Expertise in the Functional areas of the project




    Answer: C
    Justification: A Project Management Office (PMO) is an organizational unit to
    centralize and coordinate the management of projects under its domain. A
    PMO can also be referred to as ... "project office." PMOs can operate in a
    continuum from providing project management support functions in the form of
    training, software, standardized policies and procedures, to actual direct
    management and responsibility for achieving the project objectives.

    Reference: PMBOK Third Edition, Page Number: 17
10. In which organizational structure does a project manager have
   maximum influence?



    A.   Functional Organization
    B.   Weak Matrix
    C.   Strong Matrix
    D.   Projectized Organization




         Answer: D
         Justification: Figure 2-6 (Organizational Structure Influences on
         Projects). It shows that project managers have maximum
         influence in a projectized organization.

         Reference: PMBOK Third Edition, Page Number: 28
11. Which of the following is the most resistant to change?


       A.    Business Requirements
       B.    Technology
       C.    People
       D.    Environment




            Answer: C
            Justification: People exhibit a greater resistance to change than
            to other factors

            Reference: Project Management - A Systems Approach to
            Planning, Scheduling and Controlling ; pmstudy.com notes as
            mentioned above
12. Matrix organizations exhibit features of both projectized and functional
   organizations. In a weak matrix organization, the role of a project
   manager is that of a:


   A.   coordinator and expediter
   B.   manager with considerable authority
   C.   support person
   D.   functional manager




        Answer: A
        Justification: Weak matrix organizations maintain many of the
        features of a functional organization and the project manager role
        is more that of a coordinator or expediter than that of a manager.

        Reference: PMBOK Third Edition, Page Number: 30
13. Your manager has decided that all orders will be treated as “projects” and that
    project managers will be used to update orders daily, resolving issues and
    ensuring that the customer formally accepts the product within 30 days of
    completion. Revenue from the individual orders can vary from U.S. $100 to U.S.
    $150,000. The project manager will not be required to perform planning or provide
    documentation other than daily status. How would you define this situation?



  A.    Because each individual order is a ‘temporary endeavor,’ each order is a project.
  B.    This is program management since there are multiple projects involved.
  C.    This is a recurring process.
  D.    Orders incurring revenue over $100,000 would be considered projects and would
       involve project management.




          Answer: C
          Justification: Because orders are numerous and short duration, this
          situation is a process, not a project

          Reference: Rita Mulcahy, Pages: 21 – 22; 36
14. You have recently joined as a project manager in a company where
   they follow a projectized organizational structure. All your team
   members work in the same office, where you have a lot of
   independence and authority. All the following are advantages of a
   projectized organizational structure EXCEPT:


    A.    Loyalty of the project team to the project
    B.    Home for the team-members after the project is completed
    C.    More effective communication among the team members
    D.    Efficient project organization



         Answer: B
         Justification: In a projectized organization, most of the
         organizational resources are involved in the project work. One big
         problem is that the project team members do not belong to a
         specific functional group and hence do not have any "home" once
         the project is over.

         Reference: pmstudy.com notes
15. Your project stakeholder has asked you to create a financial plan
   for your project. Preparing a financial plan will require:



  A.   Program management skills
  B.   Industry specific skills
  C.   Financial subject matter expertise
  D.   Both project management and industry specific skills




       Answer: D
       Justification: Preparing a financial plan requires both project
       management and Industry specific skills.

       Reference: pmstudy.com notes as mentioned above
16. Collectively, project phases are also referred to as "Project Life
   Cycle". All the following statements about a project life cycle are
   correct EXCEPT:


 A. All project life cycles are usually identical
 B. The level of risk is highest at the start of the project, and decreases as the
    project progresses.
 C. The ability of the stakeholders to influence the final characteristics is highest at
    the start, and gets progressively lower as the project continues.
 D. Cost and staffing requirements usually peak during the intermediate phases


       Answer: A
       Justification: Although many project life cycles have similar
       phase names with similar deliverables, few project life cycles are
       identical. Some can have four or five phases, but others may
       have nine or more.

       Reference: PMBOK Third Edition, Page Number: 22
17. In your organization, all big technical projects follow six life-cycles
   ( i.e. Initiate, Analyze, Design, Implement, Test and Closeout). In this
   context, a project life cycle



A.   defines the product life cycle.
B.   defines the project phases.
C.   consists of several product life cycles.
D.   has deliverables that must be completed before work starts on the next phase.



       Answer: B
       Justification: Project managers or the organization can divide
       projects into phases to provide better management control with
       appropriate links to the ongoing operations of the performing
       organization. Collectively, these phases are known as the
       project life cycle. Many organizations identify a specific set of life
       cycles for use on all of their projects

       Reference: PMBOK Third Edition, Page Number: 19
18. A project manager has to manage different stakeholder expectations.
   Project sponsor and customer are two very important stakeholders in
   any project. In this context, which statement is incorrect?


A. Along with the customer, the sponsor threshold for risks should be taken into
   account.
B. Along with the customer, the sponsor may provide key events, milestones, and
   deliverable due dates.
C. Along with the customer, the sponsor formally accepts the product of the project.
D. Along with the customer, the sponsor provides financial resources for the project.


      Answer: D
      Justification: All the statements 1, 2 and 3 are correct

      Reference: PMBOK Third Edition, Page Number: 26

      Statement 4 is incorrect - the sponsor provides the financial
      resources (in cash or kind) for the project. The customer on the
      other hand uses the project`s product and does not provide
      financial resources for the project.

      Reference: PMBOK Third Edition, Page Number: 16
19. As a project manager for a construction company, you are
   responsible for Scope Definition, Activity Definition, Schedule
   Development and Cost Budgeting. These responsibilities are
   performed as a part of :


     A.    Closing
     B.    Concept
     C.    Planning
     D.    Controlling



          Answer: C
          Justification: Table 3-45

          Reference: PMBOK Third Edition, Page Number: 70
20. Almost all projects are planned and implemented in a social, economic or
    environmental context, and have intended and unintended positive or negative
    impacts. In this context, the project team should do all of the following EXCEPT:


  A.  Understand how the project affects people and people affect the project. This may
     require understanding the economic, demographic and educational characteristics
     of people whom the project affects or who may have interests in the project.
  B. Understand the political climate that could affect the project.
  C. Always be aware of the physical geography and local ecology where the project is
     being executed.
  D. If you have an international team, consider factors like time-zone differences,
     national and regional holidays etc.


  Answer: C
  Justification: If the project will affect the physical surroundings, some team members
  should be knowledgeable about the local ecology and physical geography that could affect the
  project or be affected by the project.

  Reference: PMBOK Third Edition, Page Number: 14

  pmstudy notes: Look out for words like "Always", "All the time", "Never" etc. which suggest
  that there cannot be any exceptions - try to find out whether exceptions are applicable to the
  particular situation. In this context, please note that several projects do not impact physical
  surroundings (e.g. several IT projects may not have any impact on physical surroundings)
21. As a project manager, you realize that handling Project Stakeholder expectations
    is an important priority. Which statement regarding project stakeholders is not
    correct?


 A.  Negative stakeholders must be ignored if the project has to be brought to a successful
    completion.
 B. Stakeholders have varying levels of responsibility and authority when participating on
    a project and these can change over the project`s life cycle.
 C. Some key stakeholders include project manager, performing organization, project
    team members, customer and sponsor.
 D. Stakeholder expectations may be difficult to manage because stakeholders often have
    conflicting objectives.


  Answer: A
  Justification: Positive stakeholders are those who would normally benefit from a successful
  outcome from the project, while negative stakeholders are those who see negative outcomes
  from the project`s success... Negative stakeholders are often overlooked by the project team
  at the risk of failing to bring the projects to a successful end.

  Reference: PMBOK Third Edition, Page Number: 25

  pmstudy.com comments: Negative stakeholders and their impact on the project should
  always be taken into consideration.
22. In your company, project managers share responsibility with the
   functional manager for assigning priorities and for directing the work of
   persons assigned to the project. Which of the following is not the
   responsibility of project managers in your company?


     A.   Performing resource planning
     B.   Managing cost and budget
     C.   Carrying out performance appraisal of project team
     D.   Completing task definitions


 Answer: C
 Justification: Matrix Organization: Any organizational structure in which the project
 manager shares responsibility with the functional managers for assigning priorities and
 for directing the work of persons assigned to the project.
 Reference: PMBOK 3rd Edition Page Number 364

 So, effectively, your company follows a matrix organizational structure.

 In a matrix organization, Personnel Performance Management is not the responsibility
 of the project manager; this task is done by the Functional Managers.
 Reference: Project Management - A Systems Approach to Planning, Scheduling and
 Controlling
Wrap Up
Conference Number: 547-941-6414 or 866-547-8978
Passcode: Leader – 844306338, Participant – 370670831

3   Professional Responsibility &   September   2:00pm    Presenter:       https://
        Integration Management          11          EST
        (PMBOK Chapters 4 & PMI
                                                             www.rooms.hp.com/attend/default.aspx?key
        Code of Conduct)                                     =EHMRS664ZY
                                                          Participant:     https://
                                                             www.rooms.hp.com/attend/default.aspx?key
                                                             =EPS9H9CYRR
PMP Prep: Fast Track Course
Course Synopsis
Beyond academic credentials, certification by the Project Management Institute (PMI®) as a project management
professional (PMP®) shows the world that you’ve mastered essential project management skills and knowledge.
To earn PMI’s PMP® credential, you must demonstrate the required "long-term commitment" to project
management professionalism and pass a rigorous, 200-question exam covering the five project management
processes and nine knowledge areas in PMI’s project management body of knowledge (PMBOK®).

Improve your chances of passing the grueling PMP® certification exam on the first try with this well-proven and
successful course. You’ll find out exactly what components of your project management background will be
tested so you know where to focus your attention during the vital weeks of preparation. You’ll become familiar
with the makeup and format of the exam itself, thanks to ESI’s exclusive PMP® Exam: Practice Test and Study
Guide, featuring hundreds of multiple-choice questions and fully referenced answers. Plus, you’ll get a chance to
explore the rationale behind each answer with your instructor, a certified PMP.

In addition to ESI’s PMP® Exam: Practice Test and Study Guide, you’ll take home an extensive collection of exam-
preparation study materials, including PMI’s A Guide to the PMBOK® and ESI’s popular and unique PMP®
Challenge! — 600 questions on spiral-bound, fully tabbed flashcards.

Learn from the project management experts at ESI how to make the most of your limited study time.
PMP Prep: Fast Track Course
Course Pre-requisites:

•Candidate must manage projects as part of primary job
•Candidate must have an accepted PMI Certification Application and be eligible to take the
exam. If the candidate will be using the contact hours from the Prep Course for the
Certification application, then
•Candidate must be actively studying for the exam. They should either be an active
participant of the GDAS PMP Study Group. Or, they must complete formal classroom study
in scheduling and cost control, risk management and contracting prior to the Prep Course.
These course can be found on Learn@hp.
•Candidate must take the exam no later than 1/31/09
•Candidates are expected to attend every session of this course. The PMP Fast Track course
is very intense and participants can not obtain course credit unless they have full
attendance.
•Candidate must have their manager's approval to attend the course

Mais conteúdo relacionado

Mais procurados

Delay, dispute (1st annual conf. of planning in cairo 23-8-2014) engr. m maged
Delay, dispute  (1st annual conf. of planning in cairo 23-8-2014) engr. m magedDelay, dispute  (1st annual conf. of planning in cairo 23-8-2014) engr. m maged
Delay, dispute (1st annual conf. of planning in cairo 23-8-2014) engr. m magedM Maged Hegazy, LLM, MBA, CCP, P3O
 
12 pmp procurement management exam
12 pmp procurement management exam12 pmp procurement management exam
12 pmp procurement management examJamil Faraj , PMP
 
Project Management Plan
Project Management PlanProject Management Plan
Project Management PlanDaniele Pinto
 
Information Technology Project Management - part 04
Information Technology Project Management - part 04Information Technology Project Management - part 04
Information Technology Project Management - part 04Rizwan Khurram
 
Cost management
Cost managementCost management
Cost managementshkadry
 
Project management
Project managementProject management
Project managementSimran Kaur
 
project management fundamentals Chapter 1
project management fundamentals Chapter 1project management fundamentals Chapter 1
project management fundamentals Chapter 1Mazhar Poohlah
 
Chap 12.0 Procurement Management overview
Chap 12.0   Procurement Management overviewChap 12.0   Procurement Management overview
Chap 12.0 Procurement Management overviewAnand Bobade
 
Project Manangement Introduction
Project Manangement IntroductionProject Manangement Introduction
Project Manangement Introductionasim78
 
Project integration management ch 4
Project integration management ch 4Project integration management ch 4
Project integration management ch 4Sammer Qader
 
10 pmp communication management exam
10 pmp communication  management exam10 pmp communication  management exam
10 pmp communication management examJamil Faraj , PMP
 
design bid build or Traditional contract shortcomings and alternative method,...
design bid build or Traditional contract shortcomings and alternative method,...design bid build or Traditional contract shortcomings and alternative method,...
design bid build or Traditional contract shortcomings and alternative method,...Tehmas Saeed
 
Green Project Management
Green Project ManagementGreen Project Management
Green Project ManagementAshraf Al-Astal
 
Project management processes Groups
Project management processes GroupsProject management processes Groups
Project management processes GroupsSourabh Kumar
 
05 pmp scope management exam
05 pmp scope management exam05 pmp scope management exam
05 pmp scope management examJamil Faraj , PMP
 
Chapter 9 of Kolin's Successful Writing at Work
Chapter 9 of Kolin's Successful Writing at WorkChapter 9 of Kolin's Successful Writing at Work
Chapter 9 of Kolin's Successful Writing at WorkBrooksie Lane
 
Chapter 3 Lecture Slides
Chapter 3 Lecture SlidesChapter 3 Lecture Slides
Chapter 3 Lecture Slidesdotesch
 

Mais procurados (20)

Delay, dispute (1st annual conf. of planning in cairo 23-8-2014) engr. m maged
Delay, dispute  (1st annual conf. of planning in cairo 23-8-2014) engr. m magedDelay, dispute  (1st annual conf. of planning in cairo 23-8-2014) engr. m maged
Delay, dispute (1st annual conf. of planning in cairo 23-8-2014) engr. m maged
 
12 pmp procurement management exam
12 pmp procurement management exam12 pmp procurement management exam
12 pmp procurement management exam
 
Project Management Plan
Project Management PlanProject Management Plan
Project Management Plan
 
Information Technology Project Management - part 04
Information Technology Project Management - part 04Information Technology Project Management - part 04
Information Technology Project Management - part 04
 
Cost management
Cost managementCost management
Cost management
 
Project management
Project managementProject management
Project management
 
Pmp4
Pmp4Pmp4
Pmp4
 
project management fundamentals Chapter 1
project management fundamentals Chapter 1project management fundamentals Chapter 1
project management fundamentals Chapter 1
 
Chap 12.0 Procurement Management overview
Chap 12.0   Procurement Management overviewChap 12.0   Procurement Management overview
Chap 12.0 Procurement Management overview
 
Pmp quality chapter 8
Pmp quality chapter 8Pmp quality chapter 8
Pmp quality chapter 8
 
Project Manangement Introduction
Project Manangement IntroductionProject Manangement Introduction
Project Manangement Introduction
 
Project integration management ch 4
Project integration management ch 4Project integration management ch 4
Project integration management ch 4
 
10 pmp communication management exam
10 pmp communication  management exam10 pmp communication  management exam
10 pmp communication management exam
 
design bid build or Traditional contract shortcomings and alternative method,...
design bid build or Traditional contract shortcomings and alternative method,...design bid build or Traditional contract shortcomings and alternative method,...
design bid build or Traditional contract shortcomings and alternative method,...
 
Green Project Management
Green Project ManagementGreen Project Management
Green Project Management
 
Project management processes Groups
Project management processes GroupsProject management processes Groups
Project management processes Groups
 
05 pmp scope management exam
05 pmp scope management exam05 pmp scope management exam
05 pmp scope management exam
 
Chapter 9 of Kolin's Successful Writing at Work
Chapter 9 of Kolin's Successful Writing at WorkChapter 9 of Kolin's Successful Writing at Work
Chapter 9 of Kolin's Successful Writing at Work
 
Project management
Project managementProject management
Project management
 
Chapter 3 Lecture Slides
Chapter 3 Lecture SlidesChapter 3 Lecture Slides
Chapter 3 Lecture Slides
 

Destaque

Destaque (20)

Session 3 gdas pmp study group presentation
Session 3   gdas pmp study group presentationSession 3   gdas pmp study group presentation
Session 3 gdas pmp study group presentation
 
Session 8 gdas pmp study group presentation
Session 8   gdas pmp study group presentationSession 8   gdas pmp study group presentation
Session 8 gdas pmp study group presentation
 
Session 10 gdas pmp study group presentation
Session 10   gdas pmp study group presentationSession 10   gdas pmp study group presentation
Session 10 gdas pmp study group presentation
 
Session 4 gdas pmp study group presentation
Session 4   gdas pmp study group presentationSession 4   gdas pmp study group presentation
Session 4 gdas pmp study group presentation
 
Session 7 gdas pmp study group presentation
Session 7   gdas pmp study group presentationSession 7   gdas pmp study group presentation
Session 7 gdas pmp study group presentation
 
Session 6 gdas pmp study group presentation
Session 6   gdas pmp study group presentationSession 6   gdas pmp study group presentation
Session 6 gdas pmp study group presentation
 
Session 5 gdas pmp study group presentation
Session 5   gdas pmp study group presentationSession 5   gdas pmp study group presentation
Session 5 gdas pmp study group presentation
 
4.contracting
4.contracting4.contracting
4.contracting
 
01 project management framework
01 project management framework01 project management framework
01 project management framework
 
Pmp scope chapter 5
Pmp scope chapter 5Pmp scope chapter 5
Pmp scope chapter 5
 
Pmp communication chapter 10
Pmp communication chapter 10Pmp communication chapter 10
Pmp communication chapter 10
 
Pmp cost chapter 7
Pmp cost chapter 7Pmp cost chapter 7
Pmp cost chapter 7
 
Pmp time chapter 6
Pmp time chapter 6Pmp time chapter 6
Pmp time chapter 6
 
Pmp integration chapter 4
Pmp integration chapter 4Pmp integration chapter 4
Pmp integration chapter 4
 
Projects Performance Analysis & Forecasting
Projects Performance Analysis & Forecasting Projects Performance Analysis & Forecasting
Projects Performance Analysis & Forecasting
 
Pmp risk chapter 11
Pmp risk chapter 11Pmp risk chapter 11
Pmp risk chapter 11
 
PMP / Framework 1 2-3
PMP / Framework 1 2-3PMP / Framework 1 2-3
PMP / Framework 1 2-3
 
Pmp stakeholder chapter 13
Pmp stakeholder chapter 13Pmp stakeholder chapter 13
Pmp stakeholder chapter 13
 
Pmp hr chapter 9
Pmp hr chapter 9Pmp hr chapter 9
Pmp hr chapter 9
 
Pmp procurement chapter 12
Pmp procurement chapter 12Pmp procurement chapter 12
Pmp procurement chapter 12
 

Semelhante a Session 2 gdas pmp study group presentation

Introduction to international project management
Introduction to international project managementIntroduction to international project management
Introduction to international project managementprakashnachnani
 
Unit2 Project phases.pptx
Unit2 Project phases.pptxUnit2 Project phases.pptx
Unit2 Project phases.pptxAtulBhagwat6
 
PMP-Prep-Exam-Test-200_Questions.pdf
PMP-Prep-Exam-Test-200_Questions.pdfPMP-Prep-Exam-Test-200_Questions.pdf
PMP-Prep-Exam-Test-200_Questions.pdfProject Cubicle
 
MDP2206-2217-Lec2.pdf
MDP2206-2217-Lec2.pdfMDP2206-2217-Lec2.pdf
MDP2206-2217-Lec2.pdfamirashraf61
 
PMP assessment exam 1.1
PMP assessment exam 1.1PMP assessment exam 1.1
PMP assessment exam 1.1Daniel Hucks
 
UNIT-01_Fundamentals_ Project management
UNIT-01_Fundamentals_ Project managementUNIT-01_Fundamentals_ Project management
UNIT-01_Fundamentals_ Project managementsdbhosale860
 
Pmp Questions Complete
Pmp Questions CompletePmp Questions Complete
Pmp Questions CompleteKareemBullard1
 
MODULE II - M.ARCH.pptx
MODULE II - M.ARCH.pptxMODULE II - M.ARCH.pptx
MODULE II - M.ARCH.pptxMdAliMujawar1
 
Software Project Management | An Overview of the Software Project Management
Software Project Management | An Overview of the Software Project ManagementSoftware Project Management | An Overview of the Software Project Management
Software Project Management | An Overview of the Software Project ManagementAhsan Rahim
 
Introduction to Software Project Management
Introduction to Software Project ManagementIntroduction to Software Project Management
Introduction to Software Project ManagementReetesh Gupta
 
Intro to Project Management .pptx
Intro to Project Management .pptxIntro to Project Management .pptx
Intro to Project Management .pptxParmeshwar Biradar
 
Question 17 The internal and external environmental factors that su.pdf
Question 17 The internal and external environmental factors that su.pdfQuestion 17 The internal and external environmental factors that su.pdf
Question 17 The internal and external environmental factors that su.pdfezzi552
 

Semelhante a Session 2 gdas pmp study group presentation (20)

Introduction to international project management
Introduction to international project managementIntroduction to international project management
Introduction to international project management
 
Unit2 Project phases.pptx
Unit2 Project phases.pptxUnit2 Project phases.pptx
Unit2 Project phases.pptx
 
PMP-Prep-Exam-Test-200_Questions.pdf
PMP-Prep-Exam-Test-200_Questions.pdfPMP-Prep-Exam-Test-200_Questions.pdf
PMP-Prep-Exam-Test-200_Questions.pdf
 
MDP2206-2217-Lec2.pdf
MDP2206-2217-Lec2.pdfMDP2206-2217-Lec2.pdf
MDP2206-2217-Lec2.pdf
 
How to close a project
How to close a projectHow to close a project
How to close a project
 
Project Management Introduction
Project Management IntroductionProject Management Introduction
Project Management Introduction
 
Unit 1 spm
Unit 1  spmUnit 1  spm
Unit 1 spm
 
Unit 1 spm
Unit 1  spmUnit 1  spm
Unit 1 spm
 
PMP assessment exam 1.1
PMP assessment exam 1.1PMP assessment exam 1.1
PMP assessment exam 1.1
 
UNIT-01_Fundamentals_ Project management
UNIT-01_Fundamentals_ Project managementUNIT-01_Fundamentals_ Project management
UNIT-01_Fundamentals_ Project management
 
Pmp Questions Complete
Pmp Questions CompletePmp Questions Complete
Pmp Questions Complete
 
Pm chapter 7
Pm chapter 7Pm chapter 7
Pm chapter 7
 
Pm chapter 7...
Pm chapter 7...Pm chapter 7...
Pm chapter 7...
 
PME UNIT-3.pptx
PME UNIT-3.pptxPME UNIT-3.pptx
PME UNIT-3.pptx
 
MODULE II - M.ARCH.pptx
MODULE II - M.ARCH.pptxMODULE II - M.ARCH.pptx
MODULE II - M.ARCH.pptx
 
Software Project Management | An Overview of the Software Project Management
Software Project Management | An Overview of the Software Project ManagementSoftware Project Management | An Overview of the Software Project Management
Software Project Management | An Overview of the Software Project Management
 
Introduction to Software Project Management
Introduction to Software Project ManagementIntroduction to Software Project Management
Introduction to Software Project Management
 
Intro to Project Management .pptx
Intro to Project Management .pptxIntro to Project Management .pptx
Intro to Project Management .pptx
 
Question 17 The internal and external environmental factors that su.pdf
Question 17 The internal and external environmental factors that su.pdfQuestion 17 The internal and external environmental factors that su.pdf
Question 17 The internal and external environmental factors that su.pdf
 
Project
Project Project
Project
 

Mais de Tu Nguyen, PMP®,PMI-RMP® (20)

3.estimating
3.estimating3.estimating
3.estimating
 
2.tendering
2.tendering2.tendering
2.tendering
 
1.introduction
1.introduction1.introduction
1.introduction
 
Node
NodeNode
Node
 
Contract
ContractContract
Contract
 
Cash flow
Cash flowCash flow
Cash flow
 
Bar chart
Bar chartBar chart
Bar chart
 
Arrow computation
Arrow computationArrow computation
Arrow computation
 
Arrow
ArrowArrow
Arrow
 
Administration
AdministrationAdministration
Administration
 
Time cost-trade-off
Time cost-trade-offTime cost-trade-off
Time cost-trade-off
 
Time cost-control
Time cost-controlTime cost-control
Time cost-control
 
Resources
ResourcesResources
Resources
 
Pert
PertPert
Pert
 
Organization
OrganizationOrganization
Organization
 
Ch 6 construction progress control
Ch 6 construction progress controlCh 6 construction progress control
Ch 6 construction progress control
 
Ch 4 cash flow and investment appraisal
Ch 4 cash flow and investment appraisalCh 4 cash flow and investment appraisal
Ch 4 cash flow and investment appraisal
 
Ch 3 contract strategy
Ch 3 contract strategyCh 3 contract strategy
Ch 3 contract strategy
 
Ch 2 planning and scheduling
Ch 2 planning and schedulingCh 2 planning and scheduling
Ch 2 planning and scheduling
 
Ch 1 organization of construction projects
Ch 1 organization of construction projectsCh 1 organization of construction projects
Ch 1 organization of construction projects
 

Session 2 gdas pmp study group presentation

  • 1. GDAS PM Professions: PMP Study Group Session #2: Project Framework & PM Processes Monique Howard August 21, 2008 © 2005 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice
  • 2. Agenda • Summary of Focus − Project Management Framework − Project Management Processes • Open Forum: Participant Questions • Study Group Questions • Wrap Up
  • 3. Project Management Framework • Key concepts to understand: − Project vs. Operational Work − Triple Constraint • Scope, Time and Cost • Quality, Risk and Customer Satisfaction (Extended) − PM Areas of Expertise • PM Body of Knowledge • Application Area Knowledge, Standards and Regulations • Understanding the Project Environment • General Management knowledge and skills • Interpersonal skills − PMO: Project Management Office − Difference between project and program
  • 4. Project Management Framework • Key concepts to understand: − Stakeholder Management • stakeholder – anyone whose interests may be positively or negatively impacted by the project (customer, project team, sponsor, PMO, etc.) • Identify all of them and determine all their requirements, determine their expectations, communicate and manage them. − Project Life Cycle common characteristics: • At the beginning risk is high, impact is low, stakeholder influence is high, cost and staffing levels are low. − Organizational Structures: • Functional, Matrix and Projectized • Differences, Advantages/disadvantages − PM Authority • Formal/Legitimate, Reward, Penalty/Coercive, Referent, Expert/Technical, Charismatic.
  • 5. Project Management Processes • Key concepts to understand: − Five PM Processes and PDCA • Initiating = Start the Cycle − Defines and authorizes the project or a project phase − Project Charter and Preliminary Project Scope statement are the major outputs of this process • Planning = Plan − Define and refines objectives, and plans the course of action required to attain the objectives and scope that the project was undertaken to address − A Project Management Plan is the result of this process • Executing = Do − Integrates people and other resources to carry out the project management plan for the project • Monitoring & Controlling: Check and Act − Regularly measures and monitors progress to identify variances from the project management plan so that corrective action can be taken when necessary to meet project objectives − One of the worst scoring knowledge areas • Closing = End the Cycle − Formalizes acceptance of the product, service or result and brings the project or a project phase to an orderly end. − PMBOK • ITTO Matrix, Page Number: 70
  • 6. Open Forum: Participant Questions If you have a question, raise your hand
  • 7. Study Group Questions Delivery Format: •Each Question will be displayed and read •Survey Box will be used to solicit answer •Based on responses, we will discuss options •Answer will be revealed
  • 8. 1. Which of the following is not a characteristic of a project? A. Constrained by limited resources B. Planned, executed and controlled C. Creates a unique product or service D. Can be ongoing and repetitive Answer: D Justification: A project is a temporary endeavor undertaken to create a unique product, service or result ... Temporary means that every project has a definite beginning and a definite end. Reference: PMBOK Third Edition, Page Number: 5
  • 9. 2. In a kick-off meeting for your project, you provided information to your team members about the different process groups which will be followed during project implementation. According to PMI, what are the project management process groups? A. Conceptualizing, Initiating, Executing, Monitoring and Controlling, Closing B. Initiating, Planning, Executing, Monitoring and Controlling, Closing C. Initiating, Verifying, Executing, Monitoring and Controlling, Closing D. Initiating, Planning, Executing, Controlling, Administrative Closure Answer: B Justification: The five process groups are: Initiating Process Group Planning Process Group Executing Process Group Monitoring and Controlling Process Group Closing Process Group Reference: PMBOK Third Edition, Page Number: 41
  • 10. 3. You are managing the release of a new drug in the market. Your role is that of a: A. Functional Manager, because you have good functional knowledge of the pharmaceutical industry B. Project Manager, because you are creating a unique product within specific time schedules C. Operations Manager, because you have to do several repetitive tasks D. Program Manager, because you have to manage several sub-projects to effectively do your job Answer: B Justification: A project creates unique deliverables, which are products, services or results. Projects can create:... A capability to perform a service, such as business functions supporting production or distribution Reference: PMBOK Third Edition, Page Number: 5
  • 11. 4. During a team meeting, a team member asks about the measurements that will be used on the project to judge performance. The team member feels that some of the measures related to activities assigned him are not valid measurements. The project is BEST considered in what part of the project management process? A. Closing B. Monitoring and Controlling C. Executing D. Initiating Answer: C Justification: This situation does not describe an actual measurement (a monitoring and controlling activity) but rather a meeting occurring during project executing talking about control issues Reference: Rita Mulcahy, Page Number: 84
  • 12. 5. As a project manager in the automobile industry, you have to be aware of government regulations about the width of vehicles, type of fuel to be used, safety requirements etc. You should also have knowledge of the guidelines, best practices and standards which are used in the industry. In this context, which statement related to Standards and Regulations is not correct? A. A Standard is a document established by consensus and approved by a recognized body B. Regulations are mandatory but Standards are not mandatory C. Standards after widespread adoption may become de facto regulations D. The influence of standards and regulations on a project is always known Answer: D Justification: The project manager should try to find out the different standards and regulations which may impact the project. However, the influence of standards and regulations on a project is not always known. Reference: pmstudy notes as mentioned above. Also, please refer to PMBOK Third Edition, Page Number: 13
  • 13. 6. Your IT Company is responsible for making software virus programs. You are responsible for managing both the individual product releases and the co-ordination of multiple releases over time. Your role is that of a: A. Program Manager B. Project Manager C. Functional Manager D. Operations Manager Answer: A Justification: A program is a group of related projects managed in a coordinated way to obtain benefits and control not available from managing them individually. Programs may include elements of related work outside the scope of discrete projects in the program. Reference: PMBOK Third Edition, Page Number: 16
  • 14. 7. You have reached the end of the design phase of your project. You decide to call a "phase end review" for obtaining authorization to close the design phase and initiate the next phase (i.e. execution phase) of your project. Your manager disagrees with your suggestion. He wants a "kill point" to formally end the design phase of the project. In this context, you should: A. Disagree with your manager because you know that phase end reviews should be used at the end of each phase of the project B. Agree with your manager C. Escalate this issue to the project sponsor D. Take advice from a senior project manager about what should actually be done at the end of each phase of the project Answer: B Justification: A phase end review can be held with the explicit goals of obtaining authorization to close the current phase and to initiate the subsequent one... Phase end reviews are also called phase exits, phase gates, or kill points. Reference: PMBOK Third Edition, Page Number: 23 pmstudy notes: Essentially both you and your manager are talking about the same thing (i.e. "phase end reviews" are also referred to as "kill points")
  • 15. 8. A project manager has very little project experience, but he has been assigned as the project manager of a new project. Because he will be working in a matrix organization to complete his project, he can expect communications to be: A. Simple B. Open and accurate C. Complex D. Hard to automate Answer: C Justification: Because a project done in a matrix organization involves people from across the organization, communications are more complex Reference: Rita Mulcahy, Pages, 27 – 30, 35
  • 16. 9. You are working in the Project Office of your organization. What is your job responsibility? A. Managing the operational activities in the company. B. Managing Human resource and Risk Management issues for projects C. Providing support functions to Project Managers in the form of training, software, standardized policies etc. D. Providing Subject Matter Expertise in the Functional areas of the project Answer: C Justification: A Project Management Office (PMO) is an organizational unit to centralize and coordinate the management of projects under its domain. A PMO can also be referred to as ... "project office." PMOs can operate in a continuum from providing project management support functions in the form of training, software, standardized policies and procedures, to actual direct management and responsibility for achieving the project objectives. Reference: PMBOK Third Edition, Page Number: 17
  • 17. 10. In which organizational structure does a project manager have maximum influence? A. Functional Organization B. Weak Matrix C. Strong Matrix D. Projectized Organization Answer: D Justification: Figure 2-6 (Organizational Structure Influences on Projects). It shows that project managers have maximum influence in a projectized organization. Reference: PMBOK Third Edition, Page Number: 28
  • 18. 11. Which of the following is the most resistant to change? A. Business Requirements B. Technology C. People D. Environment Answer: C Justification: People exhibit a greater resistance to change than to other factors Reference: Project Management - A Systems Approach to Planning, Scheduling and Controlling ; pmstudy.com notes as mentioned above
  • 19. 12. Matrix organizations exhibit features of both projectized and functional organizations. In a weak matrix organization, the role of a project manager is that of a: A. coordinator and expediter B. manager with considerable authority C. support person D. functional manager Answer: A Justification: Weak matrix organizations maintain many of the features of a functional organization and the project manager role is more that of a coordinator or expediter than that of a manager. Reference: PMBOK Third Edition, Page Number: 30
  • 20. 13. Your manager has decided that all orders will be treated as “projects” and that project managers will be used to update orders daily, resolving issues and ensuring that the customer formally accepts the product within 30 days of completion. Revenue from the individual orders can vary from U.S. $100 to U.S. $150,000. The project manager will not be required to perform planning or provide documentation other than daily status. How would you define this situation? A. Because each individual order is a ‘temporary endeavor,’ each order is a project. B. This is program management since there are multiple projects involved. C. This is a recurring process. D. Orders incurring revenue over $100,000 would be considered projects and would involve project management. Answer: C Justification: Because orders are numerous and short duration, this situation is a process, not a project Reference: Rita Mulcahy, Pages: 21 – 22; 36
  • 21. 14. You have recently joined as a project manager in a company where they follow a projectized organizational structure. All your team members work in the same office, where you have a lot of independence and authority. All the following are advantages of a projectized organizational structure EXCEPT: A. Loyalty of the project team to the project B. Home for the team-members after the project is completed C. More effective communication among the team members D. Efficient project organization Answer: B Justification: In a projectized organization, most of the organizational resources are involved in the project work. One big problem is that the project team members do not belong to a specific functional group and hence do not have any "home" once the project is over. Reference: pmstudy.com notes
  • 22. 15. Your project stakeholder has asked you to create a financial plan for your project. Preparing a financial plan will require: A. Program management skills B. Industry specific skills C. Financial subject matter expertise D. Both project management and industry specific skills Answer: D Justification: Preparing a financial plan requires both project management and Industry specific skills. Reference: pmstudy.com notes as mentioned above
  • 23. 16. Collectively, project phases are also referred to as "Project Life Cycle". All the following statements about a project life cycle are correct EXCEPT: A. All project life cycles are usually identical B. The level of risk is highest at the start of the project, and decreases as the project progresses. C. The ability of the stakeholders to influence the final characteristics is highest at the start, and gets progressively lower as the project continues. D. Cost and staffing requirements usually peak during the intermediate phases Answer: A Justification: Although many project life cycles have similar phase names with similar deliverables, few project life cycles are identical. Some can have four or five phases, but others may have nine or more. Reference: PMBOK Third Edition, Page Number: 22
  • 24. 17. In your organization, all big technical projects follow six life-cycles ( i.e. Initiate, Analyze, Design, Implement, Test and Closeout). In this context, a project life cycle A. defines the product life cycle. B. defines the project phases. C. consists of several product life cycles. D. has deliverables that must be completed before work starts on the next phase. Answer: B Justification: Project managers or the organization can divide projects into phases to provide better management control with appropriate links to the ongoing operations of the performing organization. Collectively, these phases are known as the project life cycle. Many organizations identify a specific set of life cycles for use on all of their projects Reference: PMBOK Third Edition, Page Number: 19
  • 25. 18. A project manager has to manage different stakeholder expectations. Project sponsor and customer are two very important stakeholders in any project. In this context, which statement is incorrect? A. Along with the customer, the sponsor threshold for risks should be taken into account. B. Along with the customer, the sponsor may provide key events, milestones, and deliverable due dates. C. Along with the customer, the sponsor formally accepts the product of the project. D. Along with the customer, the sponsor provides financial resources for the project. Answer: D Justification: All the statements 1, 2 and 3 are correct Reference: PMBOK Third Edition, Page Number: 26 Statement 4 is incorrect - the sponsor provides the financial resources (in cash or kind) for the project. The customer on the other hand uses the project`s product and does not provide financial resources for the project. Reference: PMBOK Third Edition, Page Number: 16
  • 26. 19. As a project manager for a construction company, you are responsible for Scope Definition, Activity Definition, Schedule Development and Cost Budgeting. These responsibilities are performed as a part of : A. Closing B. Concept C. Planning D. Controlling Answer: C Justification: Table 3-45 Reference: PMBOK Third Edition, Page Number: 70
  • 27. 20. Almost all projects are planned and implemented in a social, economic or environmental context, and have intended and unintended positive or negative impacts. In this context, the project team should do all of the following EXCEPT: A. Understand how the project affects people and people affect the project. This may require understanding the economic, demographic and educational characteristics of people whom the project affects or who may have interests in the project. B. Understand the political climate that could affect the project. C. Always be aware of the physical geography and local ecology where the project is being executed. D. If you have an international team, consider factors like time-zone differences, national and regional holidays etc. Answer: C Justification: If the project will affect the physical surroundings, some team members should be knowledgeable about the local ecology and physical geography that could affect the project or be affected by the project. Reference: PMBOK Third Edition, Page Number: 14 pmstudy notes: Look out for words like "Always", "All the time", "Never" etc. which suggest that there cannot be any exceptions - try to find out whether exceptions are applicable to the particular situation. In this context, please note that several projects do not impact physical surroundings (e.g. several IT projects may not have any impact on physical surroundings)
  • 28. 21. As a project manager, you realize that handling Project Stakeholder expectations is an important priority. Which statement regarding project stakeholders is not correct? A. Negative stakeholders must be ignored if the project has to be brought to a successful completion. B. Stakeholders have varying levels of responsibility and authority when participating on a project and these can change over the project`s life cycle. C. Some key stakeholders include project manager, performing organization, project team members, customer and sponsor. D. Stakeholder expectations may be difficult to manage because stakeholders often have conflicting objectives. Answer: A Justification: Positive stakeholders are those who would normally benefit from a successful outcome from the project, while negative stakeholders are those who see negative outcomes from the project`s success... Negative stakeholders are often overlooked by the project team at the risk of failing to bring the projects to a successful end. Reference: PMBOK Third Edition, Page Number: 25 pmstudy.com comments: Negative stakeholders and their impact on the project should always be taken into consideration.
  • 29. 22. In your company, project managers share responsibility with the functional manager for assigning priorities and for directing the work of persons assigned to the project. Which of the following is not the responsibility of project managers in your company? A. Performing resource planning B. Managing cost and budget C. Carrying out performance appraisal of project team D. Completing task definitions Answer: C Justification: Matrix Organization: Any organizational structure in which the project manager shares responsibility with the functional managers for assigning priorities and for directing the work of persons assigned to the project. Reference: PMBOK 3rd Edition Page Number 364 So, effectively, your company follows a matrix organizational structure. In a matrix organization, Personnel Performance Management is not the responsibility of the project manager; this task is done by the Functional Managers. Reference: Project Management - A Systems Approach to Planning, Scheduling and Controlling
  • 30. Wrap Up Conference Number: 547-941-6414 or 866-547-8978 Passcode: Leader – 844306338, Participant – 370670831 3 Professional Responsibility & September 2:00pm Presenter: https:// Integration Management 11 EST (PMBOK Chapters 4 & PMI www.rooms.hp.com/attend/default.aspx?key Code of Conduct) =EHMRS664ZY Participant: https:// www.rooms.hp.com/attend/default.aspx?key =EPS9H9CYRR
  • 31. PMP Prep: Fast Track Course Course Synopsis Beyond academic credentials, certification by the Project Management Institute (PMI®) as a project management professional (PMP®) shows the world that you’ve mastered essential project management skills and knowledge. To earn PMI’s PMP® credential, you must demonstrate the required "long-term commitment" to project management professionalism and pass a rigorous, 200-question exam covering the five project management processes and nine knowledge areas in PMI’s project management body of knowledge (PMBOK®). Improve your chances of passing the grueling PMP® certification exam on the first try with this well-proven and successful course. You’ll find out exactly what components of your project management background will be tested so you know where to focus your attention during the vital weeks of preparation. You’ll become familiar with the makeup and format of the exam itself, thanks to ESI’s exclusive PMP® Exam: Practice Test and Study Guide, featuring hundreds of multiple-choice questions and fully referenced answers. Plus, you’ll get a chance to explore the rationale behind each answer with your instructor, a certified PMP. In addition to ESI’s PMP® Exam: Practice Test and Study Guide, you’ll take home an extensive collection of exam- preparation study materials, including PMI’s A Guide to the PMBOK® and ESI’s popular and unique PMP® Challenge! — 600 questions on spiral-bound, fully tabbed flashcards. Learn from the project management experts at ESI how to make the most of your limited study time.
  • 32. PMP Prep: Fast Track Course Course Pre-requisites: •Candidate must manage projects as part of primary job •Candidate must have an accepted PMI Certification Application and be eligible to take the exam. If the candidate will be using the contact hours from the Prep Course for the Certification application, then •Candidate must be actively studying for the exam. They should either be an active participant of the GDAS PMP Study Group. Or, they must complete formal classroom study in scheduling and cost control, risk management and contracting prior to the Prep Course. These course can be found on Learn@hp. •Candidate must take the exam no later than 1/31/09 •Candidates are expected to attend every session of this course. The PMP Fast Track course is very intense and participants can not obtain course credit unless they have full attendance. •Candidate must have their manager's approval to attend the course