PMP Exam Preparation Workshop Setting expectations for the PMP Review

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1 PMP Exam Preparation Workshop Setting expectations for the PMP Review Copyright 2016 PMI SOC 1

2 Contact Information Bobby Kapoor, PMP PMP Prep Session Coordinator Paolo Treves, PMP Chair, PMP Prep Program Phone : For up-to-the-minute updates on all University of Toronto closures due to snow, traffic, or other emergency, please check or call the automated phone line at If the room is not opened on time please call: Copyright 2016 PMI SOC 2

3 Venue : Room Astronomy and Astrophysics building Address: 50 St George Street, Toronto ON M5S 3H4 (Entrance on Russell Street) Copyright 2016 PMI SOC 3

4 Session Schedule Date Session Room 10/09 AM PM Introduction and Framework Scope 17/09 23/09 AM PM AM PM Time Cost Quality Human Resource 107 Copyright 2016 PMI SOC 4

5 Session Schedule Date Session Room 15/10 22/10 AM PM AM PM Procurement Stakeholder Management Professional Responsibility Integration and Sample Exam 107 Copyright 2016 PMI SOC 5

6 Session Logistics You have been given the material for all sessions You have been also given the PMP Project Management Study Guide The facilitator will lead you through the material and answer your questions Each session includes sample exam questions Copyright 2016 PMI SOC 6

7 Session Logistics Prepare for each session by completing the suggested reading Make every effort to complete the reading ahead Each session will start at 8.30 am for the morning sessions and 1:00 pm for the afternoon sessions Copyright 2016 PMI SOC 7

8 Session Logistics Facilitators Breaks Volunteers for Sessions Coordinator Attendance Sheet Equipment Coordinator Laptop & projector Setup & Coordination a Yahoo/Google Group Feedback a link to a feedback form will be ed to participants after every session please do fill them out. Copyright 2016 PMI SOC 8

9 Session Logistics Study Guide and presentation material PMI Bookstore site: Obtain other PM books from Chapters or Amazon through Internet Books for Business Adelaide Street W UFT Bookstore College St (St George & College) 9

10 PMP Miscellaneous Exam Preparation Workshop Agenda Please keep your cell phones on vibrate Session Objectives Open Parking lot opposite this Building on St. George Street Session Content Review Underground Parking lot under 40 St George, Entrance on Huron Reading Requirements Street. Questions and Answers Washrooms are on the Ground Floor Housekeeping 10

11 Objectives Review the overall content of the PMP Review Sessions How to study for exam? Review PMP Certification Requirements To answer any questions regarding the testing and certification process 11

12 PM Framework Topic : The framework required to support project management Tests will include diverse topics, not just PMBOK Information from all knowledge areas will be included in test questions 12

13 PM Framework Topics will include: Project life cycle Organizational structures, cultures and styles Stakeholders General management skills 13

14 PM Standards Topic : The processes required to support project management Diverse topics will be tested Information from all knowledge areas will be included in test questions 14

15 PM Standards Topics will include: Project life cycle The five process groups How the process groups fit together Difference between project phases and process group phases 15

16 Project Management Process Groups Initiation Process Group Planning Process Group Executing Process Group Monitoring and Control Process Groups Closing Process Group REFERENCE: PMBOK V5, Fig 3-3. Project Management Process Interactions, page 53 16

17 Project Management Process Groups and Knowledge Areas Knowledge Areas Project Management Process Groups Initiation Planning Execution Monitoring & Controlling Closing Project Integration Management Project Scope Management Project Time Management Project Cost Management Project Quality Management Project Human Resources Management Project Communications Management Project Risk Management Project Procurement PMBOK V5 Guide Page 61 17

18 Project Integration Management Develop Project Charter Develop Management Plan Direct and Manage Project Work Monitor and Control Project Work Perform Integrate Change Control Close Project or Project Phase REFERENCE: PMBOK V5, Figure 4-1. Project Integration Management, page 65 18

19 Project Scope Management Plan Scope Management Collect Requirements Define Scope Create WBS Validate Scope Control Scope REFERENCE: PMBOK V5, Figure 5-1. Project Scope Management, page

20 Project Time Management Plan Schedule Management Define Activities Sequence Activities Estimate Activity Resources Estimate Activity Durations Develop Schedule Control Schedule REFERENCE: PMBOK V5, Figure 6-1. Project Time Management, page

21 Project Cost Management Plan Cost Management Estimate Costs Determine Budget Control Costs REFERENCE: PMBOK V5, Figure 7-1. Project Cost Management, page

22 Project Quality Management Plan Quality Management Perform Quality Assurance Control Quality REFERENCE: PMBOK V5, Figure 8-1. Project Quality Management, page

23 Project Human Resources Management Plan Human Resource Management Acquire Project Team Develop Project Team Manage Project Team REFERENCE: PMBOK V5, Figure 9-1. Project Human Resources Management, page

24 Project Communications Management Plan Communications Management Manage Communications Control Communications REFERENCE: PMBOK V5, Figure Project Communications Management, page

25 Project Risk Management Plan Risk Management Identify Risks Perform Qualitative Risk Analysis Perform Quantitative Risk Analysis Plan Risk Responses Control Risks REFERENCE: PMBOK V5, Figure Project Risk Management, page

26 Project Procurement Management Plan Procurement Management Conduct Procurements Control Procurements Close Procurements REFERENCE: PMBOK V5, Figure Project Procurement Management, page

27 Project Stakeholder Management Identify Stakeholders Plan Stakeholder Management Manage Stakeholder Engagement Control Stakeholder Engagement REFERENCE: PMBOK V5, Figure 13-1 Project Stakeholder Management, page

28 How to pass the PMP exam? Forget about what you think or what you know about project management Till you obtain your PMP certification, you will see the world of Project Management through PMBOK 5 th Edition. Never forget the first two rules Always look for best fit answer 28

29 How to pass the Exam? Easy:Easy questions can be answered right away: all others may be skipped and mentally classified as recall, deduct, or compute challenges. Recall Easy Deduct Recall: Recall questions test your ability to memorize definitions so you can select the correct answer in accordance with the definition in PMBOK V5 Compute 29

30 How to pass the Exam? Deduct: Deduct questions test your ability to rationalize the selection of the correct answer, such as in a context of ethics, for example. You will be given a situation to interpret and to rationalize which of 4 answers best covers the situation in the question Compute:Compute questions can be timeconsuming, yet are no more valuable than easy questions. As for deduct questions, postpone the poser questions until later in the test: you can easily get lost in the complexity of the questions and lose track of time. Easy Recall Deduct Compute 30

31 Sample Exam Methodology of writing a Computer Based Multiple Choice Exam There will be another set of questions to test your knowledge 31

32 PMP Certification Requires a combination of: Education Experience Passing a written exam 32

33 PMP Exam Eligibility Criteria Work Experience: 4500 hours if you have a university degree 7500 hours if don t have a university degree This experience must be obtained within the last 8 years Experience must span the five PM process groups PM Education: 35 contact hours of project management education that covers all the knowledge areas. 33

34 The Exam 200 multiple choice questions 4 hours written at a Prometric Learning Centre Focus is on: 5 Process Groups: Initiation, Planning, Execution, Monitoring and Controlling, Closing 10 Knowledge Areas: Integration, Scope, Time, Cost, Quality, Human Resources, Communications, Risk, Procurement, Stakeholder, Professional Responsibility / Code of Conduct 34

35 The PMP Exam Breakdown of the 200 Questions on the Exam Initiating the Project 13% Planning the Project 24% Executing the Project 30% Monitoring and Controlling the Project 25% Closing the Project 8 % Note : A new version of the PMP exam is scheduled to come into effect as of January 1 st /2016. The new version will have a slightly different weight distribution as the current version. 35

36 The PMP Exam Pre Test Questions 25 pretest questions will be randomly placed throughout the new examination to gather statistical information on the performance of these questions in order to determine whether they may be used on future examinations. These 25 pretest items are included in the 200-question examination, but will not be included in the pass/fail determination; candidates will be scored on 175 questions To pass the PMP examination, candidates must answer a minimum of 106 of the 175 scored questions correctly (i.e. approximately 61% or greater score) Note : PMI made a decision in 2006 to no longer publish passing scores for its exams. In 2007, PMI also removed all quantitative elements from the post-exam review for test candidates. The passing score is estimated inside a range between 61% and 75%. 36

37 Exam Eligibility One-year eligibility period. All candidates will be given one year to take the examination. This one-year eligibility period begins when a candidate's application is approved. Limit on the number of times candidates will be permitted to test. Candidates will have three opportunities to take and pass the PMP examination within their one-year eligibility period. If candidates do not succeed on the third attempt, candidates will have to wait one year from their third unsuccessful attempt before being permitted to test again. 37

38 PMI Certification Application/Renewal Agreement Candidates applying for certification as Project Management Professionals must: Satisfy educational and experiential requirements Read and accept the terms and responsibilities of the Project Management Professional Code of Professional Conduct Read and accept the terms and responsibilities of the PMI Certification Application/ Renewable Agreement 38

39 PMI Certification Application/Renewal Agreement The PMI Certification Application/ Renewable Agreement includes: I agree to satisfy and conduct myself in accordance with all PMI certification program policies and agreement... And I shall maintain confidentiality of PMI examination questions and contents. Furthermore, I agree not to discuss, debrief or disclose, in any manner, the specific content of PMI examination questions and answers, to any individual. Reference: ndbook.ashx 39

40 PMP Exam Preparation End of session Setting expectations for the PMP Review 40

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