Business Acumen Series - PMP Live Webinar - Rev 2b - 1.18.2024

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Business Acumen Series

PROJECT MANAGEMENT
PROFESSIONAL
(PMP)

January 18th, 2024

Hosted by
Talent and Organizational Development
INTRODUCTIONS

Erica V. Teitelbaum Jonathan Parkes


Senior Manager - Global L&D VP – Global Operations
SAFETY
MOMENT
Stop, Rest, Reset
to Avoid Accidents
Accidents can happen anywhere, at any time. But there are simple things we can
do to reduce the risk of accidents, such as stopping, resting, and resetting.

Stop
 Stop when you are tired. It is never worth putting yourself or others at risk
because you are too tired to focus.
 Stop when you are distracted. If you are not paying attention to what you are
doing, you are more likely to make a mistake that could lead to an accident.
 Stop if you are not sure what to do. If you are unsure about how to complete a
task safely, ask for help.
Rest
 Get enough sleep at night. Most adults need 7-8 hours of sleep per night. When
you are well-rested, you are better able to focus and make sound decisions.
 Take breaks throughout the day. Get up and move around, or step outside for
some fresh air. Taking
 breaks will help you to stay alert and focused.
Reset
 Take a few minutes to relax and clear your head before starting a new task. This
will help you to focus on the task at hand and avoid making mistakes.
 Take breaks throughout the day to reset your mind and body. This could involve
doing some deep breathing exercises, listening to calming music, or spending
time in nature.
Project management professional
(pmp) live webinar
Understanding the PMP
Certification

Session
The Certification Process

Why Preparation is
crucial?

outline
Effective ways to prepare
for the PMP exam

Q&A

Additional Resources
Understanding
the PMP Certification
What is the PMP
certification?
The Project Management Professional (PMP)
certification is a globally recognized credential
that validates an individual's knowledge, skills,
and experience in project management.

It is offered by the Project Management


Institute (PMI), the world's leading professional
association for project managers.

The PMP certification is highly regarded by


employers, and it can help individuals to
advance their careers in project management.

Source: PMI.ORG
SIGNIFICANCE OF THE PMP
GLOBAL RECOGNITION
Once the experience and education
requirements have been met, the individual
must pass the PMP certification exam, which
is a 180-question, multiple-choice exam that
covers the following topics:

 Initiating the project


 Planning the project
 Executing the project
 Monitoring and controlling the project
 Closing the project

The PMP certification exam is challenging, but


it is achievable for individuals who have the
necessary experience and education.
Source: PMI.ORG
BENEFITS OF HOLDING
the PMP certification?
 Improved career prospects: The PMP
certification is highly regarded by employers,
and it can help individuals to advance their
careers in project management.
 Enhanced knowledge and skills: The PMP
certification exam covers a wide range of project
management topics, and it can help individuals
to develop new skills and knowledge.
 Greater credibility and recognition: The PMP
certification is a globally recognized credential,
and it can help individuals to establish their
credibility as project management professionals.

Source: PMI.ORG
the PMP Certification
PROCESS
Eligibility
criteria
To obtain the PMP certification, an individual
must meet the following requirements:

 Four-Year College / University Degree


 36 months of experience leading projects
within the past eight years
 35 hours of project management
education/training or CAPM® certification

— or —
 High School or Secondary School Diploma
 60 months of experience leading projects
within the past eight years
 35 hours of project management
education/training or CAPM® certification
Source: PMI.ORG
Application
process
Document your experience related to past
projects and training. Below are some
examples to help guide you through your
documentation process:

Projects You’ve Led


 Where you’ve worked
 Your role and responsibilities
 Duration of projects

Training You’ve Completed


 Institutions attended
 Courses completed
 Qualifying hours

Complete and Submit Your PMP Application Source: PMI.ORG


Exam structure
and format
The Project Management Professional (PMP)
exam is a 180-question, multiple-choice exam
that covers the following topics:
•Initiating the project (43%)
•Planning the project (25%)
•Executing the project (25%)
•Monitoring and controlling the
project (7%)
•Closing the project (0%)
The exam is based on the A Guide to the
Project Management Body of Knowledge
(PMBOK® Guide) - Seventh Edition, and it is
designed to assess an individual's knowledge,
Source: Project Management Institute (PMI). (2023). PMP Examination Content
skills, and experience in project management.
https://www.pmi.org/certifications/certification-resources/process
WHY PREPARATION IS
CRUCIAL
Importance of thorough
preparation
The PMP exam is a challenging exam, and it is
important to be thoroughly prepared before
taking it. The exam covers a wide range of
project management topics, and it requires
candidates to have a deep understanding of
the PMBOK® Guide.

According to the Project Management Institute


(PMI), the following are some of the benefits of
thorough preparation for the PMP exam:

 Increased chances of passing


 Improved confidence
Source:  Reduced stress
Project Management Institute (PMI). (2023). PMP Examination Handbook.  Better understanding of project
Retrieved from https://www.pmi.org/certifications/certification-
resources/process management
Overview of exam content
The Project Management Professional (PMP) exam is a 180-question, multiple-choice exam that
covers the following topics:
Initiating the project Planning the project Executing the project Monitoring and Closing the project
(43%) (25%) (25%) controlling the project (0%)
(7%)

 Project charter  Schedule  Work breakdown  Earned value  Contract closure


 Business case management structure (WBS) management  Project handover
 Scope statement  Cost management  Activity  Performance  Lessons learned
 Stakeholder  Quality sequencing reporting
management management  Activity duration  Risk monitoring
 Risk management  Resource estimation  Issue
management  Resource management
 Communication assignment  Change
plan  Budget monitoring management

The exam is based on the A Guide to the Project Management Body of Knowledge (PMBOK® Guide) - Seventh
Edition, and it is designed to assess an individual's knowledge, skills, and experience in project management.
Source: Project Management Institute (PMI). (2023). PMP Examination Content Outline. Retrieved from https://www.pmi.org/certifications/certification-resources/process
Common challenges
faced by aspirants

 Lack of time
 Difficulty understanding the PMBOK®
Guide
 Finding reliable study materials
 Maintaining motivation
 Managing exam anxiety

Project Management Institute (PMI). (2023). PMP Examination Handbook. Retrieved


from https://www.pmi.org/certifications/certification-resources/process
EFFECTIVE WAYS TO
PREPARE FOR THE EXAM
Study resources and
materials
 A Guide to the Project Management Body of
Knowledge (PMBOK® Guide) - Seventh
Edition (Project Management Institute)
 PMP Exam Prep by Rita Mulcahy
 PMP Exam Prep by Joseph Phillips
 PMP Exam Prep by Andrew Ramdayal
 PMP Exam Prep by Oliver Lehmann
 PMP Exam Prep by Cornelius Fichtner
 PMP Exam Prep by Kim Heldman
 PMP Exam Prep by Mike Griffith
 PMP Exam Prep by David P. Anderson
 PMP Exam Prep by Andy Crowe
 PMP Exam Prep by Harold Kerzner
 PMP Exam Prep by R.K. Anand

Project Management Institute (PMI). (2023). PMP Examination Handbook. Retrieved


from https://www.pmi.org/certifications/certification-resources/process
Time management
strategies
Here are some brief, concise, and effective
bullet points on time management strategies to
prepare for the PMP exam:

 Identify available time


 Set realistic goals
 Create a study schedule
 Use your time wisely
 Find a study buddy or group
 Don't wait until the last minute
Best practices for exam
preparation

Additional tips for thorough preparation for


the PMP exam:

 Create a study plan


 Use a variety of study materials
 Find a study group or mentor
 Take practice exams
ADDITIONAL
RESOURCES
LINKEDIN LEARNING
Q&A
THANK YOU!

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