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- PMP
- SPOTO Club
- 2020-07-02
When preparing for the PMP certification exam, even the most experienced project managers are unaware of every tool, tactic, methodology, and practice, which would be explained in the 756 pages of the PMBOK Guide, which is believed to be the standard upon which the exams would have designed. You are required to understand and remember the PMBOK Guide content, and you would also have to rely on your experience. Some questions are theoretical. Some are situational, whereas some would require calculations. And you would have to answer about 200 questions in 4 hours without any breaks.
So studying hard is considered to be your only option. Let’s discuss the time needed for PMP exam preparation, do remember it can save a lot of time if you join the training courses from expertise training provider like the SPOTO Club.
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How much time would be required to prepare for PMP?
Most guides, courses, and training providers recommend that studying take from 60 to 120 hours. Calculating an average of 3-hour study sessions would add up to 1 full month if you would be studying at least five times a week, which would be 60 hours, and up to 2 to 3 months.
So how long it would be taking you to master PMBOK Guide would depend mostly on the level of your project management experience and also on your other daily workload, but make sure it doesn’t go beyond three months.
We would be discussing some time saving and time-consuming parameters that you are required to know:
Apart from your own study time, you must add 35 training hours by PMI so that you could be eligible to take the test.
Practice all the time:
The #1 tip for mastering this test would be practice with as many sample questions as you could find. Do search for a simulation platform or a question database and believe that you are ready if you would be able to score at least 85%.
Study material:
It is considered to be very crucial for your preparation. Preparation courses should equip you with training materials that would be able to help you out in decoding PMBOK Guide and utilize it as a reference tool. PMBOK by itself isn’t enough for your study; it would take you much more time for understanding it compared to decoding it with a study guide or other supporting materials. Many areas will require more explanation as well as examples for fully grasping the theory. You could take the help of the training course like that provided by the SPOTO Club to help you out on your journey. You would require time for delving into the theory as well as the tools, understanding the process that PMI would be dictating, and following the rules. Practice with questions would help you a lot.
Think like a soldier:
You are about to acquire a demanding certification by defeating a severe test. Prepare and Follow a daily study schedule. Don’t forget to take care of your body. It is also essential. Make sure you sleep properly, eat nutritious meals, and exercise in these months of preparation. You would be able to save much more time if you follow a systematic as well as a healthier style of life.
Language Proficiency:
You should be proficient in English for managing 200 questions in 4 hours while sitting in front of a computer with just a glass of water, which would be next to you. If your English isn’t that good, you would have to double your efforts in practicing with questions.
So, follow these tips and grasp your preparation time.
If you want to speed up your preparation process, do check out the training course offered by the SPOTO Club to help you 100% ace the PMP exam in the shortest time and at the first attempt!
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- PMP
- SPOTO Club
- 2020-07-01
The Project Management Institute or PMI would have announced that a change would be coming to the Project Management Professional or PMP exam in January 2021. Here, we would be exploring what this means if you would be currently studying for your PMP exam. You could also complete it in the first attempt if you have enrolled yourself in the expert training courses available at the SPOTO Club.
When would be the PMP Exam Changing in 2021?
You would need to remember three important dates if you are currently studying for the exam:
Why does the PMP Exam Change in 2021?
The PMP exam changes in 2021 because the job as project manager has changed.
Every three to five years, the Project Management Institute (PMI) conducts a thorough study to understand better how the profession is evolving, the impact of emerging trends, and how the responsibilities of project managers are changing. Through their deep analysis, PMI determines what knowledge tested to reflect best the evolving roles and responsibilities of certified project managers.
Subject matter experts from leading organizations worldwide worked with PMI to define the future of the PMP, which resulted in the publication of a new PMP exam content outline in June of 2019. On January 2, 2021, this new outline will lead to an updated PMP exam.
What is the 2021 PMP Exam Changes?
A new PMP Examination Content Outline would be published on 30 June 2019. It means that PMI would be updating the PMP exam currently for matching the new syllabus as well as the new exam would go into effect as on 2 January 2021.
Contrary to what many students, as well as trainers, might be thinking, the PMP exam isn’t going to be based on the Guide to The PMBOK (Project Management Body of Knowledge Guide). PMBOK Guide is only one of several references utilized by PMI for designing their PMP exam questions. Instead, the exam would be based on The PMP Examination Content Outline. A new version of this outline would be published in June 2019, and PMI would be utilizing this new outline as the basis for updating the exam.
Also, for giving training providers across the globe adequate time to update their books and simulators, PMI has waited for quite a long time until the new exam specifications from the exam content outline came into effect, which has given the students enough time to prepare for and clear the current exam before the changeover happened.
Seized time to clear the current PMP exam before the change!
SPOTO offers 100% real and verified PMP exam dumps to help you clear the PMP exam in the very first try!
The 2021 PMP Exam Changes explained
In a nutshell: the present PMP exam would be based on five performance domains, but starting 2 January 2021, the exam would be based on three areas. These domains would be defined in the PMP ECO (Exam Content Outline).
Here would be what this change from 5 to 3 domains means:
l PMI would be publishing the new exam content outline on 30 June 2019.
l The new framework is considered a radical but extremely valuable departure from all previous structures of the exam content.
l The new PMP exam would be requiring candidates for having experience in and answer questions from three domains:
1. People (42%)
2. Process (50%)
3. Business Environment (8%)
l Within each of these three domains, the exam content outline lists Tasks, what would be assigned to us as project managers, and Enablers, which means the actions we would take to complete the tasks.
l PMI would also be stated clearly that about half of the examination would be representing predictive project management approaches, as well as the other half would be representing hybrid or agile approaches.
New PMP Exam 2021 Format
The new exam format has also seen some important changes, as described below.
1. Exam Type - Closed book with multiple-choice questions
2. Exam Duration - 230 minutes
3. Number of Questions - 180 questions
4. Passing Score: The score is determined based on psychometric analysis.
Conclusion
To test candidates' agility and soft skills accurately, the new PMP exam 2021 will have more scenario-based questions, including animations, to best test candidates' agility and soft skills.
While studying for the PMP exam, be sure to review SPOTO PMP Exam Dumps 2021 to pass the new PMP exam on the First Try.
Hence now that you are aware of the changes which would be hitting the market after January 2021, you might be willing to acquire it as soon as possible.
You would be able to gain the PMP Certification in a single attempt, if you choose the SPOTO Club’s PMP Training program, to help you out on your journey.
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- PMP
- SPOTO Club
- 2020-06-26
PMP exam is considered to be a part of the accreditation for becoming a Project Management Professional. For project managers, the PMP certification is deemed to be necessary, as well as widely recognized. Eligibility for taking the exam depends on strict requirements. After receiving a PMP certification, professionals can maintain it through a CCR (Continuing Certification Requirements) program. Many employers would be now requiring this certification for certain positions offered in their firm. Before we discuss some of the top books for the preparation of the PMP exam, you should remember that only going through these books won’t guarantee success. You must also obtain a 100% real exam dump, like such offered at the SPOTO Club.
Click here for Free PMP Exam Questions & Answers
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Top PMP Preparation Books:
1. PMP Exam Prep book by Master of Project Academy
Authored by Resit Gulec, who is designated PMP. He is the Founder & CEO of Master of Project Academy, PMP exam training which would be provider based in New York, USA. A practicing PMP as well as a project management expert, he is also a certified ITIL expert and teaching undergrad and MBA students regularly in the university. It would be considered an ideal for PMP and CAPM certification exam test takers. It would also include real-life project examples, PMP flashcard mapping games, more than a hundred crucial must-to-remember Master Points for the PMP exam, and about 500 sample exam questions.
2. The PMP Exam: How to Pass on Your First Try, Sixth Edition
Authored by Andy Crowe, who is the founder and CEO of Velociteach, is a leading provider of project management training and exam preparation. He founded the training company to help empower other project professionals and has about 25 years of experience. The sixth edition would be the updated best-selling exam prep book, which would be aligned with the latest PMBOK Guide. It is considered explicitly for professionals who would be preparing for taking the PMP certification exams.
3. PMP: Project Management Professional Exam Study Guide, Ninth edition
Authored by Kim Heldman, who is designated PMP. She is the Chief Information Officer (CIO) of the Regional Transportation District in Denver, Colorado. She has received her MBA from Regis University and has about 25 years of experience in IT project management. The 9th edition of her book is considered a revised guide aligned with the 6th edition of the PMBOK. Aspirants for both the certification exams, i.e., PMP and CAPM, could utilize the book for test preparation.
4. PMP Exam Prep: Questions, Answers, & Explanations
Authored by Christopher Scordo, who would be designated PMP and ITIL. He is the founder and Managing Director of PMTraining, a PMI REP for career certifications, including PMP. He would have served as a consultant, investor, advisor, and project executor for the various government as well as private sector clients. It would be published in April 2018, about 6MB or equivalent to 440 pages in print length. It is not just an idea for PMP test aspirants, but also valuable for trainers.
5. PMP Project Management Professional Study Guide, Fifth Edition
Author by Joseph Phillips, who is designated PMP. He is a writer, teacher, as well as consultant on project management. He is also the Director of Education for Project Seminars Inc. He would have taught project management, business analysis, as well as goal setting for Columbia College, University of Chicago, Ball State University, and lots more. His updated Fifth Edition book would be aligned for the PMBOK Sixth Edition. It is considered a preparation book for professionals who would be taking the latest PMP certification exam. Along with these books, it is advised to obtain the training materials provided by SPOTO to ensure success in achieving the certification in a single attempt.
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- PMP
- SPOTO Club
- 2020-06-24
Is PMP certification worth it? This is an essential question, and that is what will be analyzed here. When it comes to PMP certification worth and the benefits of PMP certification offered by project management institute PMI, it is necessary to go into details.
When you would be earning Project Management Professional or shortly known as PMP certification through the PMI (Project Management Institute), you could help yourself positioning for project management opportunities to lead and direct projects. No matter what industry you would be choosing to work with, certification could be considered a tremendous asset as you move forward in your career as pmp project managers. The credential itself would be carrying prestige, but the skills and the knowledge that you develop as you would be working towards attaining it could help you consistently deliver superior performance. Do remember that this isn’t an easy task, and it requires lots of study process and an excellent training provider, like the SPOTO Club, which provides good quality training course.
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Now let's go back to the original question. Is PMP certification worth it?
There are both costs and benefits to getting a PMP certification. However, many recruiting experts and certified professionals agree that the benefits far outweigh the costs. This article will explain the benefits of PMP certification from the following three aspects.
Personal and Professional Benefits of PMP Certification
Obtaining the PMP certification is considered to be the one way of preparing to assume greater responsibilities in your job. It shows your supervisors that you have the dedication and knowledge through which you could be entrusted with those responsibilities. Also, because the certification process through PMI is considered very thorough and rigorous, completing the program is an excellent boost to your self-confidence.
By obtaining your PMP certification, you would also be able to demonstrate your current and prospective employers that you are dedicated to excellence and capable of performing at the premier level in the field of project management. This makes it more likely that you would be able to receive higher compensation in your current position and increase the opportunities for advancement. The annual PMI Project Management Salary Survey reveals that pmp certified managers would be earning an average salary of more than $100,000 per annum!
In addition to the benefits mentioned above, PMP certification can teach you essential skills to excel in your career. PMP certification has high standards. Therefore, it is not easy to pass this exam without extensive preparation. Moreover, it requires you to master the practical application of the materials. Earning the PMP certification will include learning several hard and soft skills. It builds knowledge of basic project management processes, tools, techniques, and methodologies. In addition, it exposes you to the best practices and current trends in project management. You can also learn new techniques in project management activities.
Business Benefits of Supporting PMP Certification
Individuals wouldn’t be the only ones who are going to reap the benefits of PMP certification. Companies that would be supporting the PMP certification of their employees generally would be having a more disciplined as well as knowledgeable workforce. The severity of the PMP certification process and the requirement that certifications have to maintain through continuing education would mean that employees who would be holding this credential would always be aware of the newest developments in the field.
PMP certification would be able to make the business as a whole more efficient as well as lead you to the more excellent project success rates. Still, it also would be making the company more attractive to prospective clients. Most clients would be aware that a PMP–certified project management team could deliver the results they seek.
Furthermore, by sustaining the professional growth of employees through PMP certification and education, companies would be able to demonstrate that they recognize and appreciate the contributions and dedication of their employees, which would help them attract and retain the paramount in the field.
Who Needs PMP Certification the Most?
Anyone working on corporate projects could be able to gain the benefit from the knowledge which they would be learning from formal project management training. Also, it could have a particular appeal for specific individuals who are based on their career ambitions as well as job roles. For instance, if you wish to quickly advance in the field or secure a paramount position with a large company handling high-budget projects, PMP certification could help you attain those goals.
Hence, PMP certification is worth the effort. Now that you understand how much worth it is to be certified with the PMP certification, you must be attracted to it. You can pass the PMP exam in the first try if you have acquired the 100% real and valid PMP training dumps offered by the SPOTO Club.
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- PMP
- SPOTO Club
- 2020-06-17
If you would be looking for the best PMP books and the PMP study guide, here we have mentioned the list of most efficient and latest study materials that would be aligned with the Fifth Edition of the PMBOK Guide as the PMP Exam Content. If you wish to gain the certification in a single attempt, you should acquire the 100% valid and real study dumps, which could be obtained at the SPOTO Club.
PMBOK Guide Fifth Edition
Anybody who would be preparing for the PMP exam should need to go through the Project Management Institute’s (PMI) - A Guide to the Project Management Body of Knowledge or the PMI’s PMBOK Guide – Fifth Edition. This official test preparation resource is believed to be the bible for the project manager, and no list of the best PMP books could miss mentioning this resource.
The book would be offering extensive coverage of project management knowledge areas, process groups, and inputs and outputs. As the book would be published by the industry expert who sets the standard for PMP, it would be evident that the book would be thorough.
To acquire the best study material in your hand, you must supplement it with one or more of the PMP study guides. Overall, the PMBOK Guide would be remaining a definite must-have for all the PMP test-taker.
PMP Exam Prep by Rita Mulcahy’s, 8th edition
A best-seller, as well as recommended by lots of project managers, PMP Exam Prep by Rita Mulcahy’s, is considered to be one of the best PMP books on the market right now. The book would be containing a real PMP study guide classic that would be both encompassing and accessible at the same time.
The book is considered to be remarkable, particularly for its ability to convey all relevant PMP exam material in an efficient and focused manner. To gain knowledge of the information on clearing the exam, you could flip through the book and get tips from the author’s numerous interviews as well as experience with PMP test-takers. There would be no irrelevant points and subjects in the book. Instead, the book is considered highly thoughtful, along with an ample number of practice tips and questions.
PMP Project Management Professional Exam by McGraw-Hill:
PMP Project Management Professional Exam Published by McGraw-Hill Education is considered to be essential material for those who would be looking for the most reliable PMP books on the market.
Written by Henrique Moura, XPM Consulting, an experienced Project Management Professional, the book is considered to be based on the latest techniques and methods. The author of the book has delivered PMP courses as well as management training across the globe. Moura was also a member of the volunteer team that would be developing the latest edition of the PMBOK.
Head First PMP
The Head First PMP book is considered to be a Brain-Friendly Guide. It is a fascinating alternative approach for studying for the PMP exam. One could utilize this book in addition to the latest edition of the PMBOK Guide as well as other mainstream books.
The main feature of this book that would be discrediting it from other PMP books would be the innovative multi-sensory approach for learning the PMP certification materials. The book would be claiming to be more fun as well as more effective than other test prep courses or materials, as it would be more stimulating for ensuring that it makes it easier to remember. In conclusion Now that you have acquired the recommended study materials, you would be willing to gain the PMP Certification. For that, you would like to choose good and reliable training courses, along with these study materials. I would recommend you to join the training course offered at the SPOTO Club. Join SPOTO now to pass the PMP exam in the first attempt!
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- PMP
- SPOTO Club
- 2020-06-09
As we know, PMP certification is the most prestigious certification in the project management field around the world. PMP exam is also difficult to pass. One of the essential steps for obtaining the PMP certification is to practice with the latest PMP questions and answers before the exam. SPOTO has collected the most updated PMP exam questions and answers demos for you with detailed explanations! Get started now to move ahead of others!
How many PMP exam questions are there?
The PMP exam contains 200 multiple-choice questions, 25 of which are pre-test questions. Prediction questions appear randomly during the exam, do not affect the candidate's score, and are used on the exam as an excellent way to increase the number of questions available for future PMP exams. The passing score on the exam was almost 61% (106 correct questions out of 175 graded questions).
A sample of 15 PMP questions and answers
In this article, we will go through 15 free PMP questions and answers. We will give the reason for each free PMP question and answer. You will see how each PMP question and answer relates to the project management knowledge area of the PMBOK.
If you want more PMP exam questions, please contact SPOTO to get more!
PMP Exam Questions #1
A project manager is quantifying risk for her project. She needs expert opinion in this process and related experts are spread over to different geographical locations. How can she continue?
Using Monte Carlo analysis online
Applying the critical path method
Determine options for recommended corrective action
Applying the Delphi Technique
Answer is D, applying the Delphi Technique. If you remember from our previous lectures, that technique was asking the experts opinion on a topic or on a problem and collecting their feedback anonymously and then sending back the results back to the experts again, and recollecting their responses again. And reiterating this process until a consensus is reached by all participants, by all experts. Therefore, since expert opinion is important for this case and experts are spread over different geographical locations, we can use Delphi Technique.
Knowledge Area: Risk Management Knowledge Area
PMP Exam Questions #2
During risk management activities, 236 risks have been identified which are caused by 13 root causes. You could eliminate the 234 risks by your risk management activities. For remaining 2 risks, you, together with your team, could not find a way to mitigate or insure the risks. Also, these 2 risks cannot be outsourced or removed from project scope. What is the best solution?
A-) Accept the risk
B-) Mitigate the risk
C-) Avoid the risk
D-) Transfer the risk
Answer is A, accepting the risk. When you read the case, the project manager tried first to eliminate the risk, then tried to mitigate or insure the risk. But all these options did not work. And the last step is the risk should be accepted by the project team and continuous reserves should be allocated in order to accommodate risks or in order to overcome the bad impacts of these risks when they occur. Therefore, the best answer here is accepting the risk and also planning contingency reserves.
Knowledge Area: Risk Management Knowledge Area
PMP Exam Questions #3
The project team is arguing about the prospective sellers who have submitted proposals. One team member argues for a certain seller while another team member wants the project to be awarded to a different seller. The BEST thing the project manager should remind the team to focus on in order to make a selection is the:
A-) Procurement documents
B-) Procurement audits
C-) Evaluation criteria
D-) Procurement management plan
Answer is C, evaluation criteria. The source selection criteria, or evaluation criteria defined in plan procurement management process actually defines, in an objective way, how quantitatively, the potential sellers will be evaluated in conduct procurements process. Therefore, if you have applied specific metrics, specific categories to evaluate, or assess a potential seller in conduct procurement process, then you have to use that metrics, use that categories to evaluate each seller one by one. And the sellers, which got the highest scores should be awarded with contract. Therefore, the team members should not go in argument about the selection of the sellers. Because you have already a quantitative metric to evaluate which seller is best matching to your source selection criteria.
Knowledge Area: Procurement Management Knowledge Area
PMP Exam Questions #4
A project manager is in the middle of creating a request for proposal (RFP). What part of the procurement process is she in?
A-) Conduct procurements
B-) Plan Procurements
C-) Control Procurements
D-) Close Procurements
Answer is B, she is in plan procurements process. Because procurement statement of work, procurement documents are prepared in plan procurements management process. And RFP is a procurement document as well. Therefore, it is prepared in plan procurements process. RFP was defining what the buyer is requiring from the seller.
Knowledge Area: Procurement Management Knowledge Area
PMP Exam Questions #5
You want to group your project stakeholders based on their authority and involvement in the project. Which of the following is appropriate model for this?
A-) Power/Interest Grid
B-) Power/Influence Grid
C-) Influence/Impact Grid
D-) Salience Model
Answer is B. Power/Influence Grid. Authority of a stakeholder represents power of the stakeholder and involvement of a stakeholder represents the influence level of the stakeholder. Therefore, answer is B. Power/Influence Grid.
Knowledge Area: Stakeholder Management Knowledge Area
PMP Exam Questions #6
Which of the following is NOT true for a project?
A-) Projects are constrained by limited resources
B-)Projects are planned, executed, and controlled
C-) Projects create a unique product or service
D-) Projects are ongoing and repetitive
Answer is D. A project is a temporary endeavor undertaken to create a unique product, service, or result. The temporary nature of projects indicates a definite beginning and ending.
Knowledge Area: N/A (Introduction)
PMP Exam Questions #7
In the context of a desirable model of communication between a sender and a receiver, all the following statements are correct EXCEPT:
A-) Noise should be at minimum level.
B-) Receiver must reply the message after decoding the message.
C-) Receiver should acknowledge first and then agree with the message sent by the sender.
D-) Receiver should send a feedback message to the sender.
Answer is C. As part of the communications process, the sender is responsible for the transmission of the message, ensuring the information being communicated is clear and complete, and confirming the communication is correctly understood. The receiver is responsible for ensuring that the information is received in its entirety, understood correctly, and acknowledged or responded to appropriately. However, receiver may not agree on received message
Knowledge Area: Communications Management
PMP Exam Questions #8
John is a project manager of a complicated project. When he started creating a work breakdown structure for his project, he realized that it is too complex to complete work breakdown structure on a single sheet. You, as a colleague of John, recommend using a work breakdown structure numbering system to John to:
A-) Determine the complexity of the project
B-) Help in automating the WBS using appropriate software
C-) Provide a hierarchical structure for each WBS element
D-) Present risks of the project
Answer is C. The WBS is finalized by assigning each work package to a control account and establishing a unique identifier for that work package from a code of accounts. These identifiers provide a structure for hierarchical summation of costs, schedule, and resource information.
Knowledge Area: Scope Management
PMP Exam Questions #9
You are trying to establish a cost performance baseline for your project in Determine Budget Process. You can use the following tool and techniques EXCEPT:
A-) Cost aggregation
B-) Bottom-up estimating
C-) Expert judgment
D-) Historical relationships
Answer is B. Tools and techniques used in Determine Budget Process are:
Cost aggregation
Reserve analysis
Expert judgment
Historical relationships
Funding limit reconciliation
Bottom-up estimating is used in Estimate Costs Process.
Knowledge Area: Cost Management
PMP Exam Questions #10
Which of the following techniques includes measuring, examining and validating whether work and deliverables meet requirements and product acceptance criteria?
A-)Workshops
B-)Surveys
C-)Expert Judgment
D-)Inspection
Answer is D. Inspection includes activities such as measuring, examining, and validating to determine whether work and deliverables meet requirements and product acceptance criteria.
Knowledge Area: Scope Management
PMP Exam Questions #11
You are a project manager in a bicycle manufacturing company. Rubber for brake mechanism for your bicycles supplied by RuBrake Inc could not reach due to flood affected the transportation routes. This was a risk you thought it could happen since it happens each year on same season. So, as per your risk response plan, you started to use rubbers delivered one year ago. However, this response brought another risk –old rubbers have higher breaking risk during implementation to the brake system.This new risk can also be called:
A-)Secondary risk
B-)Residual risk
C-)Contingency plan
D-)Unmanageable risks
Answer is A. Secondary risks are risks that arise as a direct result of implementing a risk response
Knowledge Area: Risk Management
PMP Exam Questions #12
All of the following are hygiene factors according to Herzberg’s Theory EXCEPT:
A-)Salary
B-)Professional Growth
C-)Security
D-)Relationships at work
Answer is B. According to Herzberg’s Theory, there are hygiene factors and motivating agents. Inadequate Hygiene factors may destroy motivation but sufficient hygiene factors itself are not enough to motivate people. Hygiene factors are:
Working card
Salary
Personal Life
Relationships at work
Security
Status
Professional growth is a motivating agent based on Herzberg’s Theory.
Knowledge Area: Resources Management
PMP Exam Questions #13
You are expected to manage stakeholders’ expectations as a project manager. All of the following are interpersonal skills that you should apply EXCEPT:
A-)Building trust
B-)Resolving conflict
C-)Risk taking
D-)Active listening
Answer is C. The project manager applies interpersonal skills to manage stakeholder’s expectations. For example:
Building trust
Resolving conflict
Active listening
Overcoming resistance to change
Knowledge Area: Stakeholder Management
PMP Exam Questions #14
There has been several changes in your project and this affected your cost and schedule estimates. This has invalidated the original estimating assumptions. What is the estimate at completion (EAC) for your project based on following parameters?
BAC = $ 360,000
AC = $ 120,000
EV = $ 180,000
CPI = 1.2
ETC = $ 145,000
A-)$ 300.000
B-)$ 265.000
C-)$ 325.000
D-)$ 360.000
Answer is B. EAC = AC + ETC = $ 120.000 + $ 145.000 = $ 265.000
Knowledge Area: Cost Management
PMP Exam Questions #15
Portfolio managers are responsible of managing:
A-)Dependency of different projects
B-)Operational projects only
C-)Projects, programs and operations
D-)Functional work and projects
Answer is C. The relationship among portfolios, programs, and projects is such that a portfolio refers to a collection of projects, programs, sub-portfolios, and operations managed as a group to achieve strategic objectives.
Knowledge Area: Introduction
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- PMP
- SPOTO Club
- 2020-06-05
PMP Certification is the most reputable certification in the field of project management around the world. It is known that the PMP exam is difficult indeed. However, with the guidance of a reliable training institute like SPOTO, we will help you clear the exam smoothly. In this blog, we will provide 15 PMP practice tests with detailed explanations for each question. Besides, we carefully point out the related knowledge area in the PMBOK. Get started now!
1. A manager and the head of engineering discuss a change to a major work package. After the meeting, the manager contacts you and tells you to complete the paperwork to make the change. This is an example of:
A-) Management attention to scope management.
B-) Management planning.
C-) A project expediter position.
D-) A change control system.
Answer is C. In this situation, project manager acts as the secretary of the project and does the paper work. So this is an example of project expediter position where project manager does not have any authority and power. Project manager does only paper work.
Knowledge Area: Organizational Influences and Project Lifecycle
2. 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-) Initiating
B-) Executing
C-) Monitoring & Controlling
D-) Closing
Answer is B. Executing. Questions states that team member feels some of the measures on his activities are not valid. Therefore, he must be working during the executing phase of the project where project deliverables are produced and project members perform most of the work they should do.
Knowledge Area: Project Management Processes
3. Your company just won a major new project. It will begin in three months and is valued at 2m USD. You are the project manager for an existing project. What is the FIRST thing you should do once you hear of the new project?
A-) Ask management how the new project will use resources
B-) Resource level your project
C-) Crash your project
D-) Ask management how the new project will affect your project
Answer is D. Ask management how the new project will affect your project. Since this is another project that your company is going to execute, you need to be sure whether it will impact your project.
Knowledge Area: Integration Management Knowledge Area
4.You are a new project manager who has never managed a project before. It would be BEST in this situation to rely on _____ during planning in order to improve your chance of success.
A-) Your intuition and training
B-) Stakeholder analysis
C-) Historical information
D-) Configuration management
Answer is C. Historical information. First thing to explore before starting a new project is the historical information about similar projects in the organizational process assets library of the organization.
Knowledge Area: Integration Management Knowledge Area
5.During project executing, a team member comes to the project manager because he is not sure of what work he needs to accomplish on the project. Which of the following documents contain detailed descriptions of work packages?
A-) WBS Dictionary
B-) Activity List
C-) Project scope statement
D-) Scope management plan
Answer is A. WBS Dictionary. Work packages in a Work Breakdown Structure contain only nouns or a couple of words regarding a work or deliverable. Detailed information on what needs to be done, responsible, prerequisites, successors, due date etc. are included in the Work Breakdown Structure Dictionary.
Knowledge Area: Scope Management Knowledge Area
6.During a meeting with some of the project stakeholders, the project manager is asked to add work to the project scope. The project manager had access to correspondence about the project before the project charter was signed and remembers that the project sponsor specifically denied funding for the scope mentioned by these stakeholders. The BEST thing for the project manager to do is to:
A-) Let the sponsor know of the stakeholders’ request.
B-) Evaluate the impact of adding the scope.
C-) Tell the stakeholders the scope cannot be added.
D-) Add the work if there is time available in the project
schedule
Answer is C. Tell the stakeholders the scope cannot be added. After the scope of a project is finalized and scope baseline is determined, it can be changed only with the approved changed requests. If there is not an approved change request, existing scope baseline must be valid and project team must work on to deliver that scope only. In the scenario, scope is defined already but some stakeholders ask to add new work to the scope. This cannot be done unless there is an approved change request. Therefore, stakeholders must be informed that this new work cannot be added.
Knowledge Area: Scope Management Knowledge Area
7.Your project management plan results in a project schedule that is too long If the project network diagram cannot change but you have extra personnel resources, what is the BEST thing to do?
A-) Fast track the project.
B-) Level the resources.
C-) Crash the project.
D-) Monte Carlo analysis.
The answer is C, crash the project. Because, in first sentence, it is mentioned that schedule is too long, therefore the aim is making a shorter schedule. And in the second sentence it is mentioned that you have extra personnel resources. If you have resources, you can put more resources in an activity to complete it in a shorter time. And this is actually a description of crashing an activity or crashing the project. If you look to the other options, fast tracking was performing activities in parallel instead of series, therefore it is irrelevant. Leveling the resources was for fixing the over-allocation of resources and distributing the tasks to all your resources uniformly. And Monte Carlo analysis was another estimating tool which is irrelevant choice as well. Therefore, here the best answer is C.
Knowledge Area: Schedule Management Knowledge Area
8.An activity has an early start (ES) of day 3, a late start (LS) of day 13, an early finish (EF) of day 9, and a late finish (LF) of day 19. The activity:
A-) Is on the critical path.
B-) Has a lag.
C-) Is progressing well.
D-) Is not on the critical path.
Answer is D. is not on the critical path. Because if you look to the early start and late start values of the activity, you can find the float or the slack of activity’s time by subtracting early start, 3 days, from the late start, 13 days. And it gives 10 days of float for this activity. You will find the same result if you go through subtracting the early finish, 9 days, from the late finish, 19 days. Since the float of activity or the slack of the activity is greater than zero, it’s not on the critical path. Remember the critical path activities was having zero float, therefore the answer is D.
Knowledge Area: Schedule Management Knowledge Area
9.Early in the life of your project, you are having a discussion with the sponsor about what estimating techniques should be used. You want a form of expert judgment, but the sponsor argues for analogous estimating. It would be BEST to:
A-) Agree to analogous estimating, as it is a form of expert judgment
B-) Suggest life cycle costing
C-) Determine why the sponsor wants such an accurate estimate
D-) Try to convince the sponsor to allow expert judgment because it is typically more accurate.
Answer is A. Agree to analogous estimating, as it is a form of expert judgment. Since analogous estimating is a type of expert judgment you can accept it. This is a tricky question.
Knowledge Area: Cost Management Knowledge Area
10. A schedule performance index, SPI, of 0.75 means:
A-) Project is over budget.
B-) Project is ahead of schedule.
C-) Project is progressing at 75% of the rate originally planned
D-) Project is progressing at 25% of the rate originally planned
Answer is C, project is progressing at 75% of the rate originally planned. A, is irrelevant because SPI is a schedule performance index. We cannot derive any conclusion about budget performance of the project with this index. B, is not correct because SPI is less than one, therefore, the project is behind schedule. And D, says that you have completed 25% of the work that you have originally planned, so it’s not correct. The correct answer here is C, because SPI 0.75 means, you have completed 75% of your work that you have originally planned.
Knowledge Area: Cost Management Knowledge Area
11. You are the program level manager with several project activities underway. In the executing process group, you begin to become concerned about the accuracy of progress reports from the projects. What would BEST support your opinion that there is a problem?
A-) Quality Audits
B-) Risk Quantification Reports
C-) Regression Analysis
D-) Monte Carlo Analysis
Answer is A. quality audits. If you read the second sentence again, it says that you are concerned about the accuracy of progress reports from the project. In order to check whether the standards of your organization have been applied in the projects that you are responsible of, you can conduct a quality audit and find out whether there is really a problem. Therefore, here the best answer is A, Quality Audits.
Knowledge Area: Quality Management Knowledge Area
12. You are a project manager for a major information systems project. Someone from the quality department comes to see you about beginning a quality audit of your project. The team, already under pressure to complete the project as soon as possible, objects to the audit. You should explain to the team that the purpose of a quality audit is:
A-) Part of an ISO 9000 investigation
B-) To check if the customer is following its quality process
C-) To identify inefficient and ineffective policies
D-) To check the accuracy of costs submitted by the team
How would you explain it to your team if you were in this case?
The best answer is C, to identify inefficient and ineffective policies. B and D are irrelevant options because quality audit is done in order to check whether you are meeting the quality standards, whether you are following the quality procedures of your company. Therefore, it’s not related whether the customer is following its quality processes. Or it is not related about accuracy of costs submitted by the team.
Knowledge Area: Quality Management Knowledge Area
13. During every project team meeting, the project manager asks each team member to describe the work he or she is doing, and the project manager assigns new activities to team members. The length of these meetings has increased because there are many different activities to assign. This could be happening for all the following reasons EXCEPT:
A-) Lack of a WBS
B-) Lack of a responsibility assignment matrix
C-) Lack of resource leveling
D-) Lack of team involvement in project planning
Answer is C, lack of resource leveling. If you read the clauses again, here the problem is the activities or the tasks that need to be performed in the project are not clear. So, the reasons of these ambiguities, or these unclear points about the tasks that will be performed can be lack of a WBS. If you could not decompose your project activities and creation of WBS, then this might be causing the ambiguities in your project tasks. Also, if you do not have a clear and concise responsibility assignment matrix, then the resources of your project will have unclarity about who will do what in the project. Also, if the team was not involved in project planning, maybe you could not have identified the required steps, required tasks, activities that need to be performed in the project. So, options A, B, and D are the possible reasons for this case mentioned in the question. However, lack of resource leveling might be causing a scheduling problem. Resource leveling is a technique used in schedule management knowledge area, which was enabling the uniform distribution of tasks and activities in a project.
Knowledge Area: Resources Management Knowledge Area
14. Conflict resolution techniques that may be used on a project include confronting, smoothing, forcing, and:
A-) Withdrawing
B-) Directing
C-) Organizing
D-) Controlling
Which of the options is a conflict resolution technique?
Answer is A, Withdrawing, or in other words, avoiding. The other three are directing, organizing, and controlling, are not types of conflict resolution techniques. Therefore, the answer is A.
Knowledge Area: Resources Management Knowledge Area
15. All of the following about communication models is true EXCEPT:
A-) Sender encodes his thoughts and sends to receiver.
B-) Information is sent by the sender to receiver with the assistance of medium.
C-) Receiver acknowledges if he agrees with the information he received.
D-) Message is decoded by the receiver into thoughts.
Which one is not correct about communication models?
The answer is C, Receiver acknowledges if he agrees with the information he received. If you remember, the acknowledgement was saying that the receiver got the message, but it does not mean that he or she agrees with the received message. Acknowledgment means only that the message sent by the other party has been received. Therefore, it does not mean an agreement, and here the best answer is C.
Knowledge Area: Communications Management Knowledge Area
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- PMP
- SPOTO Club
- 2020-05-29
In today’s dynamic market environment, Agile is considered to be the way of working. There would be so many different schools of thought in the Market that would be making it more difficult for anyone to choose amongst a lot of certifications that would be available in the Market. To be up to the market trends, one would be required to be aware of what would be up with the recent happenings and what market demands will be as part of new career growth opportunities. Agile certifications are considered to be quite hot in the market these days due to organizations moving towards agility. Clients would be willing to the working software quickly. There would be dynamics in the market, which would be making products obsolete very soon.
Bigger coverage
Unlike other agile certifications where the focus is only on one or a few flavors of agile methodology, PMI-ACP certification is considered to be quite rich in its content. PMI-ACP would be having multiple characters of agile covered in it, for example, scrum, XP, lean, as well as Kanban, to name some. The training and knowledge required for gaining this certification would be adding massive value to the profile of the seeker. This coverage of PMI-ACP would also be helping the aspirant is understanding the pros and cons of multiple flavors of agile, which would be helping them in the future to implement in their project based on requirements. In a practical situation, agile would never be followed religiously with its one flavor. It would be implemented and utilized as a fusion of multiple. PMI-ACP would be helping in gaining that expertise.
Confirmation to knowledge
Though this would be valid for any certification for having confirmation to knowledge in the domain once you would gain the certification in that domain, PMI-ACP confirms it for the more significant spectrum. Nowadays, job openings are mentioning specifically in their job description for the candidates who are certified with PMI-ACP. In your existing organization as well, to gain a role shift, this certification would be acting as a demonstration of your knowledge and experience.
Job types in Market
Job trends would be changing in the Market. Market demands from traditional Project Managers are going towards Agile, Certified professionals. It would be making PMI-ACP as a handy option. Aspirants would be having to be agile friendly and certified if they would be looking for jobs in the Market. Other than PMI-ACP, which would be having a blend of experience, training would be helpful. The Market has shown less supply of agile certified resources, which would be again making it more important for having in the profile. People who would be having this certification would be niche until there would be enough supply, which is again a vicious cycle as the demand is increasing rapidly in the Market.
PMI Way
Along with coverage, the powerful PMI way of certification structure is considered to be the fusion of experience, training, and continuous knowledge enhancement, making sure that a person isn’t losing focus. Before the certification, a person would require having experience as well as training blend as well as after certification, continuous enhancement in skills by showing PDUs would be necessary. It would help make sure certificates aren’t stale, and for that matter, knowledge would be continuously refreshed. PMI certifications have tremendous credibility in the Market in the comparison of any other certification body, which would be comparatively new in the market.
Thus, if you wish to make your future bright, what other certification would be better then PMI-ACP! But again the study process isn’t going to be that much easy, unless you would be having good and reliable training courses such offered at the SPOTO Club, to help you out on your journey.
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- PMP
- SPOTO Club
- 2020-05-27
PMP (Project Management Professional) and ACP (Agile Certified Practitioners) are the two certifications that are being offered by PMI in two different sectors. PMP is considered more towards traditional project management with a bigger horizon, whereas ACP is having the focus towards the agile. Even though these are two separate dimensions, aspirants are often confused, selecting amongst the two. We would be discussing the two in detail. Still, if you are looking forward to going for any of the certifications mentioned above, you must opt for the training courses at the SPOTO Club. Dimensions There would be multiple aspects of one should look at while selecting from one certification in the place of others. Let's have a look at these aspects, one after another, for adequately understanding the dilemma. Future Aspirations One driver for any certification is considered to be the future aspirations as well as career goals. E.g., a team leader would be aspiring to become a Project Manager after a while and wish to equip himself for the same with certification. Similarly, a developer would be willing to move towards the scrum master role. Current Organization Needs The current organization is considered to be the first preference always to grow for anyone as you would be already having a good track record for showing, and you have known people around who would have seen your work. The organizations also have requirements. If your organization is having a demand for qualified Project Managers, then you should give your preference to PMP as PMP would give a full overview of all it would be taking to manage a project end to end. Still, on the other hand, if your organization has a requirement of an agile environment and roles such as managers, which either aren't there or are reduced day by day, you should opt for the ACP to be able to grow in agile practitioners track. Knowledge Horizons PMP definitely would be having a bigger horizon from the knowledge perspective as it would be covering all dimensions of Project Management, whereas ACP would be concentrating only on agile. In a nutshell, ACP is considered to be the subset of PMP, where sharp details would be discussed. The interest of an individual towards these knowledge horizons would help in selecting one out of others. It is considered to be essential for keeping in mind that if you work what you would love to do, you tend to be most efficient. Mindset changes Traditional Project Management, as well as an agile way of working, is a mindset change from managing to leading/coaching from controlling to self-organizing. Choosing a path depends on the organization's mindset or target to go in, as for the customer and yourself. Few people would be having a mindset that work couldn't be executed without a central controlling body. In contrast, another set would be saying that the more you give responsibility and accountability to individuals, the better they will be. Before concluding a career path, it is essential to check his thought process towards one of these and, accordingly, decide to go further.
Hence, you would be now aware of the difference between both the certification programs and would be having a proper mindset about which certification would be useful for which criterion. Thus far, if you are willing to go for any of the certifications, you must have a right and reliable training provider to help you out in your journey of achieving the same. To help you and support your mission, SPOTO Club is considered to be the best.
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- PMP
- SPOTO Club
- 2020-05-26
As the agile methodologies have shown an entirely new way of IT project management, the certified agile practitioner would have gained significant importance for running successful projects. There comes the craze for PMI-ACP certification preparation, which is considered to be the most recognized agile project management certification around the globe. This cross-domain agile certification would be correctly matched the required standardization of the agile process, which the agile community would be longing for some time. Not only project managers but also for agile developers, the PMI-ACP exam preparation is believed to be a giant leap towards successful agile implementation.
Your performance in the PMI-ACP examination is believed to be directly proportional to your learning strategies as well as smart preparation. Devising a near-perfect study plan as well as executing it, is considered to be undoubtedly the most robust part even when it would be compared to taking the actual exam. Most people would be failing to score because they don’t realize the intricacies which are being involved in a professional project management certification examination. They tend to underestimate its complexity and thus would be suffering due to last-minute preparations. Herein we would be discussing specific tips that would help you cracking the PMI-ACP certification examination in the first attempt. Before you, I would like to enroll yourself in some excellent training courses, like that offered at the SPOTO Club. It will increase your chances to the greatest extent.
Cracking Tips for the PMI-ACP exam
1. Duration of preparation: You are required to devote at least three months to prepare for your examination. If you adjourn at the beginning of your training, it might waste your efforts in the end.
2. Fixing your exam date: Scheduling your exam date well in advance would help you plan your studies. It would be considered crucial because if you were aware of the date of examination, that would motivate you to move towards achieving your learning objectives with the available time frame.
3. PMBOK Guide: Going through the PMBOK Guide at least twice will help you acquire ample knowledge for the exam. The Project Management Body of Knowledge, or shortly known as PMBOK Guide, will give you discerning information and techniques of both traditional and modern project management practices.
4. Preparing quick notes: Quick notes are those which would be containing only the most critical points in the form of hints. They would help you to revise before your exam.
5. Highlighter: If you would be utilizing textbooks and aren’t taking any notes, then using a highlighter for marking only the keywords are considered to be most critical to remember. It would be able to help you out in scanning and skimming. Highlighting a whole paragraph or entire sentences won’t be able to help you out during revision.
6. Mock exams: Mock exams or practice tests are believed to be the safest bets. Your success rate would be significant, depending upon the number of mock exams you would be undertaking. By consistently mock test practice, you would be tending to effectuate your learning curve development and learn from the mistakes you would commit.
7. Memorizing doesn’t work: Merely learning formulae mightn’t be turning out to be effective, as the certifying authority would be expecting you to understand the concepts as well as principles thoroughly and be able to apply them in exceptional circumstances.
So, if you wish to crack out the PMI-ACP Certification, follow these tips and acquire the study dumps offered at the SPOTO Club to gain success in a single attempt.
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- PMP
- SPOTO Club
- 2020-05-23
The PMP, or shortly known as Project Management Professional, is considered to be an exam that would be conducted by the Project Management Institute (PMI). It is a globally recognized certification. The review consists of 200 multiple choice questions, which outlines the five process groups such as Initiation, Executing, Planning, Monitoring and Controlling, and Closing and nine knowledge areas such as Integration, Time, Scope, Quality, Cost, Communication, Human Resource, Risk, and Procurement.
Out of the 200 questions, 25 of them would be the pretest questions. Pretest questions would be appearing randomly during the exam, don’t affect the candidate’s score, and are utilized in examinations as an effective way for increasing the number of survey questions that could be used in future PMP exams. The passing score for the review would be almost 61%, which means you are required to answer 106 questions correct out of 175 scored questions. Below mentioned are some examples of the PMP Question and Answers. For guaranteed success, check out the study dumps offered by the SPOTO Club for achieving the PMP Certification in a single attempt. Some Examples of PMP Questions and Answers 1. Imagine a project with a 60% chance of a $100,000 profit and 40 percent of a US $100,000 loss. The Expected Monetary Value for the project would be:
A. $100,000 profit
B. $20,000 profit
C. $40,000 loss
D. $60,000 loss Answer: EMV (Expected Monitory Value) would be computed by the formula mentioned below:
EMV = Probability × Impact. Computing both positive and negative values and then adding them:
0.6 × $100,000 = $60,000 0.4 × $100,000 = $40,000 therefore
EMV = $60,000 - $40,000 = $20,000 profit.
2. Assuming that the ends of a range of estimates would be +/- 3 sigmas from the mean, which of the following range would be estimated to involve the LEAST risk? Answer: A. 22 – 30 days
B. 30 days, plus or minus five days
C. Mean of 28 days
D. Optimistic = 26 days, most likely = 30 days, pessimistic = 33 days
The estimation with the smallest range would be less risky.
3. If a risk would be having a 20 percent chance of happening in a given month, and the project would be expected to last five months, what would be the probability that the risk event would be occurring during the fourth month of the project? Answer: A. 20 percent
B. 60 percent
C. 80 percent
D. Less than 1 percent
4. An accepted deadline for the project would be approaching. However, the project manager would realize only 75% percent of the work has been completed. The project manager then would be issuing a change request. What should the change request be authorized? Answer: A. Additional resources using the contingency fund
B. Corrective action based on causes
C. Escalation approval to use contingency funding
D. Team overtime to meet schedule
5. The risk would be identified during which risk management process or processes? Answer: A. Identify Risks
B. Identify Risks and Monitor and Control Risks
C. Performing Qualitative Risk Analysis and Monitoring and Controlling Risks
D. Perform Quantitative Risk Analysis and Identify Risks
6. What would be meant by RACI? Answer: A. Recommended, Accountable, Consulted, Inform
B. Responsible, Accountable, Confirm, Inform
C. Responsible, Accountable, Consulted, Inform
D. Responsible, Accountant, Consulted, Inform
The RACI chart is considered to be an example of the Responsibility Assignment Matrix (RAM), which would be showing the relationship between activities and the team members.
If you wish to have more such questions, you should gain the study dumps, which would be offered at the SPOTO Club.
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- PMP
- SPOTO Club
- 2020-05-22
Certifications are done for a purpose, and certifications such as Project Management Professional (PMP), which are considered to be quite reputed and world-famous, holds quite a lot of weightage. The purpose of certifications is mainly to gain better job prospects as well as better compensation, which isn’t different for PMP, which would be the Project Managers i.e., experienced professionals. What is confirmation? If we look at a more general level in the Private IT sector, even people who would have a job have confirmed that the organization would be continuing to give them an appointment for another 3 to 5 years. It isn’t how demanding changes and organizations would have to adapt to it if they would still be willing to make a profit. How PMP Certification Ensures Job Conformant? In the following sections, we would be pointing out the critical knowledge areas where PMP would be enabling every candidate to be ready for the challenging job. If you wish to ensure success in the PMP Exam in a single attempt, you should opt for the training courses offered at the SPOTO Club.
Assurance of the Knowledge
The eligibility criteria, as well as the extensive knowledge of the PMBOK guide, would be ensuring that a PMP credential holder is well aware of domain knowledge of Project Management. That’s how PMP would be giving assurance to organizations and organizations, making this as criteria for Project Management roles in their organizations. It would be showing how much knowledge would be required to meet the eligibility. On top of this, an extensive study of the PMBOK guide would be necessary. PMP isn’t considered to be a cakewalk kind of certification where without in-depth knowledge, you wouldn’t be able to crack it.
Assurance by PMI
Project Management Institute is considered to be a well-recognized institute, and any certification of PMI would be taken with all together with confidence in the market. PMI assurance is well accepted across the globe in different languages. PMP exam itself would be available in different styles.
World-known Recognition
PMI is known to be worldwide, and PMP being utilized as one prerequisite for any Project Management job offerings would have made PMP recognized and world-known. Even though PMI is a US-based institute, the popularity of PMP would have spread across the globe. You aren’t required to explain lots of the things if you have PMP in the resume. This is what enables PMP credential holders for exploring the opportunities without geographical boundaries and yet would be able to encash the benefits of the certificate.
PMBOK - Standard Guide
The language of Project Managers in the organizations would be biased by terms in the PMBOK guide. PMBOK guide has given one single platform to the Project Management community for talking and discussing the project issues. This common language would be enabling PMP credential holders to express the details in known language to others and also helping in the interview process. A person would be speaking up to the job requirement is always considered having an upper hand as compared to a person who would be struggling to express the views.
Networking
PMI as institute would be giving the membership as well as providing a lot of networking opportunities in the form of conferences, sessions, and local chapter. These networking opportunities would be enabling PMP holders and PMP aspirants with the latest trends in the field of Project Management. It would be also helping you to earn PDUs which could be utilized for certification renewal. So, if you have known now about how PMP could act as the job conformant, you must be attracted to gaining it and if so, you should opt for the training courses offered at the SPOTO Club to achieve guaranteed success.
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- PMP
- SPOTO Club
- 2020-05-20
Many aspiring project managers who would be considering gaining the PMP certification ask themselves, “How do I make a living with a PMP certification?” The certification is believed to be an investment of money as well as time, so it is quite understandable to decide first if it would be worthy enough to be certified with PMP or not. In this article, we are going to discuss the same. Let’s check out some of the figures associated with PMP.
There would be approximately 15.7 million new Project Management job opportunities by 2020. It is anticipated that there would be a growth of $6.1 trillion in the industry’s footprint by 2020, and about 37% increase in the output of project-intensive industries, like manufacturing, ONG, finance, construction, and IT.
In this competitive world where the mean household income of the largest economy on earth i.e. the United States is about $55,775, Project Management Professionals or Certified PMPs would be able to make a living with an average salary of $109,405 which is almost double the average! These numbers alone would be justifying in gaining a PMP certification. But it is going to be a very difficult journey unless you have enrolled in some good and reliable training courses offered at the SPOTO Club.
Why be PMP Certified?
PMP Provides Enrichment to Your Resume
The certification would be universally recognized for its obstacles one must have to conquer for becoming a certified PMP professional. Getting through these challenges would be telling to most employers because it would be taking time, effort, as well as commitment. As a beginner in the field of Project Management, certification would be adding tremendous value to your resume. As a veteran with a proven track record, certification would be taking your career to the next level!
PMP Imparts Knowledge Of A Common Global Language
Additionally, to improvise your job prospects, PMP training would be helping you acquire proficiency in the global standard language of Project Management that would be registering with executives and fellow Project Managers. PMP training would be depicting segments of a project that a candidate couldn’t have previously articulated. PMP training would be providing a solid, time-tested framework that would be helping you to promote effective communicating. Once a candidate has the proven ability for identifying and solving these problems, he or she automatically would be becoming more preferable to an employer.
Networking Opportunities
In order to become a PMP, a potential candidate would be required to first become a member of the PMI (Project Management Institute) which would be introducing them to the world of certified Project Managers. According to PMI’s 2016 Annual Report, there were about 740,000 PMP members who would have spread across the globe, and this number would be continuing to grow every year.
Little Experience Lead You To A Long Way
As was mentioned before, the PMP exam would be requiring the aspirants to fulfilling a set of prerequisites that would be held in high esteem by employers. Candidates would be required to achieve thousands of hours of a high level of experience. With an associate’s degree, at least 60 months of experience would be necessary to be eligible for the exam, while with a bachelor’s degree, close to 36 months of work experience would be necessary.
So, if you wish to gain good and well-recognized job opportunities, and earn a handsome salary, PMP Certification is the best one for you. Gain it and achieve your dream of being certified with the PMP. But let me remind you that it isn’t going to be easy and you will need good and reliable training courses such as offered at the SPOTO Club to become successful.
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- PMP
- SPOTO Club
- 2020-05-16
The PMP Exam is the first and the most important step for Project management Professional (PMP) certification. The PMP is widely recognizing certification for Project Managers of MNC's which helps them in acquiring a good hike in their salaries.
Acquiring Project Management Professional (PMP) is one of the most intelligent decisions of the professionals for their future as this course gives them the skills required to be one step ahead and being the top-notch certified project managers required by the global market.
There are various ways to prepare for the PMP examinations which include a wide range of books, e-books, free online study material or enrolling in various online courses available with varied ranging course fees. For self-studying or extra reference, PMP books are the best option as they are easily available and accessible both online and offline.
The following are among the best books for the PMP exam Prep which are mentioned with their editions and the author's name.
3 best PMP exam books to refer to passing PMP exams.
PMP Exam Prep book
This is one of the best book written by the group of PMP's, having experience of several years in various fields of professional management while working with several multinational companies, for aspiring PMPs. The content of the book provides the latest changes and development on various strategies of PMP.
This book is best in terms of the price and the content being of the gold standard for the exam prep. It can be always preserved for future reference once the PMP exams are cleared for various management projects. The book immense knowledge of project management areas, process groups, various inputs on the topic. This book no doubt finds its top position in various lists of books for PMP Exam prep.
2 Rita Mulcahy’s PMP Exam Prep Book,9th Edition by Rita Mulcahy’s
The second book is pretty much easy to follow for the PMP exam preparation. It is one of the excellent books on the list. It has a lot of practice questions probably on every topic going to be tested in the PMP exam along with useful tips and techniques to crack hard of the exam. The lucidity of the book allows one to directly connect to the author and her thoughts on the subject. This book is much easier to follow as compared to the previous book on the list as its content is simple yet invaluable.
3.The PMP Exam: How to Pass on Your First Try, Sixth Edition by Andy Crowe
This book has the most extensive and wide-ranging details for the exam prep, especially by professionals. Its in-depth guide to concepts and the practice sections in a marvelous add-on.
The author, Andy Crowe, has 25 years of experience in the field of Project Management making him much more versatile in his writing and sharing his personal experiences for the growth of budding PMPs.His training company helps in the empowerment of the other project professionals
The uniqueness of the book is due to its inclusion of the chapter on the Role of Project Manager, discussing various tips and techniques on how can one effectively pass the exam. The book includes a whopping 400 practical exam questions, chapter-end quizzes, links to various videos that go up to 60 and finally a sample of mock exams.
In a nutshell.
Every PMP prep book has its pros and cons and can be always used in combination to overcome the shortcomings. Depending upon the purpose these books help in updating one knowledge and professional skills, for personal upgrading of the professional skills or to learn for the exams. Along with these books, you should also check out the training courses offered by the SPOTO Club, for achieving success.
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- PMP
- SPOTO Club
- 2020-05-12
Workflow diagrams or otherwise known on the PMP exam as flowcharts, providing visual representations of project processes. Workflow diagrams or flowcharts are considered to be a type of tool as well as a technique utilized by a project manager. The workflow diagram is considered to be a part of the seven basic quality tools utilized within the quality management knowledge area in the planning process group of project management.
One important fact about PMP prep, which I would be continually stressing in my posts, is you would have to be able to associate PMP concepts such as workflow diagrams with the 47 processes, 10 knowledge areas, as well as 5 process groups. The process chart is considered to be the foundation of all things PMP if you would be able to understand how concepts relate to each other, I promise you would be in better shape for the exam. Also, for this, you are going to require a good and reliable training provider such as SPOTO Club.
PMP Concepts: Workflow Diagram: Definition
A workflow diagram is considered to be a visual breakdown of the activities, in sequential order, which would be required for completing a particular output, or deliverable. Workflow diagrams could be containing items such as tasks, key decision points, parallel process steps, sequential relationships of tasks, and more about the overall relationship of tasks it would be taking to turn input into an output.
Here is a basic project workflow management diagram which would be illustrating how a workflow could look when it would be mapped out.
3 Project Management Workflow Methodologies:
Here would be a brief overview of three of the most common workflow methodologies:
Agile Project Management Workflow
At the core of the Agile workflow, the methodology is the central values as well as behaviors of self-organization, collaboration, cross-functionality, as well as adaptability. Agile is considered to be a project management approach that would be emerging during the 70’ and 80's from innovative Japanese companies like Fuji, Toyota, and Honda.
Agile Workflow Diagram
Agile is considered to be a good choice if your project would be requiring high levels of adaptability. This methodology would be suited to changing situations as well as projects that would be requiring constant, regular feedback, both internally as well as externally. The Agile project management approach would be usually ideal for smaller projects and/or those with hastened development schedules.
Waterfall Project Management Workflow
The waterfall is considered to be a more traditional, top-down approach for workflow and project management. The Waterfall methodology would be handling the various stages of workflow sequentially. From the initial concept as well as planning phase right down to development as well as quality assurance and finally project completion and maintenance. Project requirements would be usually set at the beginning, with little to no alterations for planning unless absolutely necessary.
Waterfall Workflow Diagram
The Waterfall methodology is considered to be most suited to large-scale projects where thorough planning, as well as a predictable process, is paramount.
PRiSM Project Management Workflow
Projects integrating Sustainable Methods or shortly known as PRiSM was developed by GPM Global as a way of creating a methodology that took environmental factors into account while still guaranteeing a repeatable, efficient system that could easily be applied to a wide range of large-scale projects.
PRiSM Workflow Diagram
PRiSM is considered to be quite unique in that it is one of the few project management methodologies that would be requiring and would be rewarding project managers with accreditation. PRiSM is utilized basically for large-scale construction as well as public works infrastructure projects that would be requiring planning and consideration of adverse effects on the environment.
So, now that you have acquired the knowledge of PMP Concepts and the Workflow Diagram, you must check out the training courses which are being offered at the SPOTO Club, so as to acquire the PMP Certification in a single attempt.