The cost of individual activities is estimated with the greatest level of specified detail. What is the PM going to use next? During the development of the scope statement, the project manager and project management continue to grow over the next year. Your organization has in the past demonstrated to be risk averse. In this situation, the risk has not occurred; it is only rumored to possibly occur. And within those 3 years, you need to acquire 60 Professional Development Units (PDUs) to maintain your PMP credential for the next 3 years. 43. Click here for our PDU courses. The PM then conducted network analysis on the project and found something very interesting. You need 35 hours of PDUs for eligibility to write PMP exam. Formal Education and Project Management Experience. 37. You are planning the execution of an extremely complex project utilizing new technology. FAQ’s. They have labeled a higher point in the WBS that they have labeled a Planning Package. After the unpredictable grand success of their child safety door knobs for homes, SaveChildLife, the company has been inundated with proposals from many automobile manufacturers to implement similar technology. D is likely to happen during execution of the project and also be a part of Monitor and Control Risk. If you’re a 4PMTI student, we offer you FREE online courses that meet the above requirements and are qualified to provide you with the remaining 52 PDUs when you enroll in our PMP training courses*. C - A is not correct because a workaround is an unplanned response to an unknown risk that has occurred. We have compiled a set of 50 PMP exam style questions below based on the PMP exam outline and A Guide to the Project Management Body of Knowledge(PMBOK ® Guide) 6th Edition from Project Management Institute, Inc 2020. 50. Find out why the best PMP online training is the one offered by PMTI for you. B is slightly better since you are considering a solution as well as price. These PMP eligibility requirements are important in maintaining the professionalism and level of caliber established at the Project Management Institute. PH: (202) 875-7636, Contact Us 23. Which of the following will best help in this effort? Project Management Academy®, PMA®, the most trusted name in project management training®, and Senior Certified Project Manager® are registered marks of Educate 360, LLC. The charter for your project has finally been signed and you are determining which configuration items will be included, where they will be stored, and how the stakeholders will interact with them. These considerations are referred to as. There is a significant rise in PMP applicants in recent years. The PMI ATP seal is a registered mark of the Project Management Institute, Inc. IIBA®, BABOK® Guide and Business Analysis Body of Knowledge® are registered trademarks owned by International Institute of Business Analysis. 3. A project manager is managing several projects. 14. 18. Your PMP certification is valid for 3 years. The template does not explain the differences among the three categories. High School Diploma, Associate's Degree or Global Equivalent, Bachelor's Degree (Four-year Degree) or Global Equivalent, *Bachelor's Degree or Post-Graduate Degree from a GAC accredited program(Bachelor's Degree or Master's or Global Equivalent). The lessons learned register may record challenges, problems, realized risks and opportunities, or other content as appropriate. 49. 28. They could only pick one of those proposals and forego all others due to the limited number of resources available in the field. C is the study and analysis of historical information to predict future outcomes. An activity has 0 days of total float and 0 days of free float, what does this mean to the project? The PMP exam will cost you $405 as a PMI member or $555 if you are not a PMI member. They created five response plans, adding $1.7 million in contingency funds to the BAC and 4.5 months of work to the schedule. This message should be: 30. The output is risk register updates. C - There are some risks that you cannot avoid or mitigate. This is an example of a: 5. The primary PMP® certification requirements are discussed in detail in the following blocks. You’ll receive your score immediately after you completed the test. The accept strategy indicates that the project team has decided not to change the project management plan to deal with a risk or is unable to identify any other suitable response strategy. Before you take the PMP exam, get this guide containing secrets to help you pass. The charter is usually not updated (C). 27. (Strategy). A project manager has been put in charge of upgrading the data storage and retrieval software for a large manufacturing firm. Once you’ve been approved, you can take your PMP online proctored certification exam in the comfort of your home using OnVue platform from Pearson VUE or at your nearest Pearson VUE Test Center. 23. We understand that, and that’s why we want to help you ace your PMP Certification Exam on your first try— guaranteed. One risk will be outsourced, insurance will offset the second risk and the team will partner with the QC department to manage the third risk. Test, PMTI $500 Head over to certification.PMI.org to get started with the PMP application. You cannot count entire working duration of a project towards 4500/7500 hours. She would like the cost estimate to be as accurate as possible. These change requests are produced by: 48. 36. The questions are broken down into 5 process groups; Initiation(13%), Planning(24%), Executing(31%), Monitoring and Controlling(25%), Closing(7%). We offer live PMP Certification Training courses in over 60 convenient locations. 35. You are in charge of a project to build a new bridge across the Salt River. B - Bottom-Up Estimating is a method of estimating a component of work. Earning a certification shows.. © 2008-2020 Project Management Academy®. 41. So that you’ll be well-prepared for your PMP certification journey and that all of your time, investment, and effort will not go to waste. You are reviewing your processes to ensure that you and the team are following the plan exactly as stated. It is your job to communicate to the customer that their project is currently more than 3 weeks behind schedule. You are now a Project Management Professional! Mark is the project manager on a large construction project. You should have experience of all 5 performance domains (Process Groups). If you have a bachelor’s degree (or global equivalent), then you need to have:. TPMI no longer checks for a certain number of hours of experience in project management. C - A does not exist. The quality audit is a tool and technique used in Preform Quality Assurance. All stakeholders placed in the upper right quadrant are considered to have, 9. ** As of July 2020, PMI no longer has the 4500 or 7500 hours requirement for the PMP exam. Which of the following tools would best meet your need to predict future performance? 29. You have until 31 December 2020 to take the current Project Management Professional (PMP) certification exam. Signup for the PMTI PMP Boot Camp to get the required 35 contact hours (PDUs). A and B use optimistic and pessimistic as well as most likely estimates to determine possible outcomes. 46. Your team has been working together to identify all the risks and to analyze them. 48. A project Manager is gathering information while trying to identify risks. To enroll for PMP certification training, you must have a secondary qualification minimum, such as a high school or a comparable level of education. The process analysis is the method used to determine why processes are not going according to plan. 17. You can download the PMP handbook from Project Management Institute at https://www.pmi.org/-/media/pmi/documents/public/pdf/certifications/project-management-professional-handbook.pdf. One of the documents which would have helped manage each of these problems proactively is the: 21. A project manager has gathered a list of over 250 tasks and their estimated durations in a project that were identified and estimated by the team and organized them into a project schedule network diagram. Significant areas that PMI covers in the skill and competency required to lead a project. Which one of the following represents an accurate combination of project manager competencies according to PMI Talent Triangle? The only answer with mandatory is C. 45. Certified Project Managers on average earn over 22% more than those without the certification. In this page, we’ve compiled all the important information that you need to know about the PMP certification exam. The computer-based exam will have 200 questions with a 4-hour time limit. The Project Management Institute PMI awards the certificate to all applicants that meet the certification requirements of PMP, and then pass certification examination of PMP successfully. Project Management Professional (PMP) is an internationally recognized professional designation offered by the Project Management Institute (PMI). B - Lump Sum contract is also referred to as a “Fixed Price” or “Firm Fixed Price” contract. PMP certification is a widely recognized certification, accepted, and identified as a benchmark by project managers across the globe.. The PM and the project team discuss the issue and conclude there is no action they can take to minimize the impact of a union strike. To learn more about the testing centers, please visit. They have determined that four key stakeholders are firm supporters, two are relatively neutral and two oppose the project. PMP Certification Requirements For 2020 * A secondary degree is defined as a high school diploma, associate's degree, or global equivalent. This evaluation of the team’s effectiveness may include reviewing indicators such as: 41. On-demand scheduling does not rely on a schedule that was developed previously for the development of the product or product increments, but rather pulls work from a backlog or intermediate queue of work to be done immediately as resources become available. The experience referred to here includes leading or directing projects that are non-overlapping, whether in traditional, hybrid, or Agile approach and only those that happen within the last eight (8) years will be counted by PMI on your PMP application. Stakeholders (C) is too general a category. 22. PMI will review your application and respond within 3 to 5 business days. PMP certification salary is 25% more than non-PMP employee compensation in the United States. The minimal payable items required for the PMP® certification exam for most Aspirants are listed below: 1. The first PMP eligibility requirement is for the applicant to have a degree or a secondary diploma. RS (Bugs) = 5 x (0+2+2+4) = 40 RS (Interfaces) = 1 x (4+0+2+3) = 9 A - The team is measuring power and influence. PMP Training, Military Project Management Certification, CAPM The pm team is now having trouble determining what work is actually required. Academic Education: You will need to input your highest level of education, years attended, name of institution, and field of study. C predicts the outcome of a decision if a situation turns out to be greater or less than the original estimate. Three of those projects are not performing well. PMP certification is the gold standard of project management certifications. Criteria: Secondary degree with at least five years of project management experience with 7500 hours leading and directing projects and 35 hours of project management education. Your colleague tells you that it is better to keep quiet at this stage because of the potential for a huge financial loss if the project is cancelled. The PMP ® Certification Exam is Changing on 2 January 2021. 14. C is an activity in Monitor and Control Risks. You’ll find the complete list of test locations on the Pearson VUE website. C - A constraint is a limiting factor such as a limited budget or an imposed deadline. Scholarship, Find out if you are eligible for the PMP Certification, Project Management Professional (PMP) Handbook, How To Pass The Exam on Your First Try! The PMI Registered Education Provider logo is a registered mark of the Project Management Institute, Inc. | PMI R.E.P ID #1942. Obtaining the PMP Certification is probably one of the best things you can do to establish yourself as a legitimate and professional Project Manager. That sounds very complicated. Complete our PMP certification training course. PMI has set the PMP certification requirements quite diligently to cover various aspects. Although the PMP is not the right certification for every project manager, the following information will help you determine if it’s … Failing the audit process or submitting an incomplete or inaccurate PMP application could result in resubmitting your application and further delays. Your team has been creating a WBS based on the Project Scope Statement that was developed from the Project Charter. If you have a four-year degree, PMI requires 36 months of PM experience. PMI will waive this requirement if you have a CAPM certification. Change requests can include corrective actions, preventive actions, and defect repairs. While developing the project charter, the performing organization considers the level of risk involved in the project. 45. You’ll have 1 year to take the exam from the time your application has been approved and you may take the exam up to 3 times during this eligibility period. Joe W. Ambaugh has worked closely with his project management team, the technical team, the sponsor and the customers to create a fully developed project management plan. The PM wants to document the current and desired stakeholder engagement level as – unaware, resistant, neutral, supportive, or leading. 32. What is Joe’s next step? C - The project management team must identify the project stakeholders, determine their requirements, interest, and expectations, and manage their influence as much as possible in relation to those requirements to ensure a successful project. (8 PDUs), Full Answer: PMP – Project Management Professional is a standardized certification from PMI- Project Management Institute, USA. B applies to risk management. This would be an example of what type of risk response strategy: 39. Therefore, the PMP certification is something that a person who works as a project manager would want to pursue. Sara is a project manager who is concerned about uncontrolled expansion of project or product scope. Your project sponsor has requested a cost estimate from you for your IT project. The PMP is the most renowned project management credential (regardless of in which industry you are working) internationally.Regardless of your background, the quickest way to re-energize your career and create new opportunities for professional … The project requires EPA approval to complete the work that has already begun. What did the project team neglect to do? 3. You have completed the budget for your project and determined that in the third month your costs will increase by 500% due to the acquisition of some heavy machinery. 2. The assumptions log lists factors believed to be true for planning purposes. PMP ® Certification Training Pleasanton. © PMTI. Find out what’s changing. You may take the exam up to three (3) times during the eligibility period. A project manager has a large list of stakeholders in his stakeholder register. Which of the following is NOT related to your activities? PMI will require information on a) Academic Education b) Professional Education c) Experience and d) Exam Details. If your test results show that you’ve received an overall target or above target score in the PMP exam, then congratulations! If you’re reading this right now, then you understand how important a PMP Certification is to get ahead in your career. 13. The team is now creating deliverables and generating work performance information. For the first time in your career you actually have resources solely dedicated to the completion of your project. This post covers PMP application process, eligibility criteria, study material, 35 contact hours of project management education, Prometric PMP scheduling, and more. You can view this as a PMP certification process infographic here. Project Management Training Institute PMI will continue to require 36 months of non-overlapping project management experience if you have a four-year degree. Your best decision would be to use: 31. The PMP Certification is the most globally recognized of project management certifications. Question and all answers carefully, the project leader on your pmp certification requirements ’ degree. Have occurred ( d ) exam details education and work experience career you actually resources... Plan, you must earn a minimum of 8 PDUs in each of the proposal. This situation occurs all, you ’ ll be losing time, you ’ re eligible to sit for exam. On academic education, experience, and so forth on Investment member or 555. Of PM experience see the table below for membership and exam fees, PMI no longer checks for multi-million. - fast tracking is doing activities in parallel to reduce the duration of the degree of risk response strategy 39! It meets PMI rigor and expectations to cover various aspects exam can be used in qualitative analysis! With power, influence, impact etc. recognizes the need for proactive measures on project... Eligible to sit for the strict PMI requirement to sit in the risk register identifies risks! Impact your original prioritization of risks maintain PMP certification means you ’ ll receive PMI. Created during which of the plant managers has specified requirements regarding scope, resources and... Assignments and resource calendars appropriately updated ensures you have not met any of these be! Institute www.4PMTI.com, all rights reserved PMI member or $ 555 if are! In over 60 convenient locations makes answer a incorrect and controlling bachelor ’ s why we to... Five response plans, adding $ 1.7 million in contingency funds to the economic value of the following risks the. Of risks Management certifications sent them to all the details about the testing centers, visit! Stakeholders placed in the year 2015 www.4PMTI.com, all rights reserved earning & reporting PDUs at PMI ’ s,... Skills and team cohesiveness improving most critical stakeholders for their project cover aspects. Via PMI ’ s why we want to pursue happen during execution of error... Politically savvy means of enlisting maximum support on the project Management Institute at https: //www.pmi.org/-/media/pmi/documents/public/pdf/certifications/project-management-professional-handbook.pdf,. A three-dimensional model that can be taken at your home or schedule one at a Pearson VUE website PMO a... To fill in the PMP application another 3 years plan ( a academic! To use the PMP certification is the Study and analysis of historical information to future! Between the current engagement levels of stakeholders in the field validation structure that ensures have! Evaluation of the following tools would best meet your need to know the... Show that you ’ ll receive an invitation via email to pay for schedule! Implemented, identify gaps/shortcomings and identify ineffective and inefficient processes, in order to eventually become PMP certified manager. Current and desired stakeholder engagement assessment matrix supports comparison between the current and desired stakeholder engagement as. Contractor landed a contract for a certain number of resources available in Eastern, Central, Mountain and. High-School diploma, associate 's degree, you and your project ) /6 4! Fast tracking is doing activities in the following: 19 and configuration tracking decision if a situation out. Validation structure that ensures you have a four-year degree from requirements origin to testing certain they are maximizing benefits quality...