What is PMP Certification? Syllabus, Cost, Exam Dates 2019


What is PMP Certification? Syllabus, Cost, Exam Dates 2019

PMP certification is a process of training, testing, and then certifying an individual with a certificate in project management skills. PMP stands for Project Management Professional and a candidate seeking the certification must pass the exam conducted by Project Management Institutes (PMI). According to Wikipedia, there are more than 8,33,000+ active PMP certified candidates and 250+ chartered chapters across 200 countries as of 2018.

PMP certification Syllabus

The syllabus of PMP Certifications is divided into 10 project management topics, namely:

  1. Project Management Framework

  • Understanding Operation Work, Portfolio Management, Project Management, Project Management Office/ Program Office
  • Understanding the objectives of Program Management, Constraints/ Triple Constraint, Areas of Expertise, Stakeholder, Stakeholder Management
  • Understanding the project manager authority: Functional, Matrix, Project Management role, Project Life Cycle, and Project Management Process
  1. Project Management Process

  • Knowledge on Initiating, Planning, Executing, Monitoring & Controlling, Closing, AND Notes on the Rita Process Chart
  • Understanding Initiating Process Group, Inputs to the Initiating Process Group, Planning Process Group, Executing Process Group, Monitoring and Controlling Process Group, Scope Verification, Scope Control, Schedule Control, Cost Control, Quality Control, Manage Project Team, Manage Stakeholders, Performance Reporting, Risk Monitoring and Control, and Contract Administration, Closing Process Group
  1. Project Integration Management

  • Understanding Project Selection Methods, The Integration Management Knowledge Area, Develop Project Charter, Develop Project Management Plan, Monitor & Control Project work, Perform Integrated Change Control
  • The processes required to identify, define, combine, unify, and coordinate the various project processes and project management activities
  • Understanding the project management process and the Integration Management Process
  • Learning how to Exercise, Constraints and Assumptions, Project Statement of Work, Enterprise Environmental Factors, Organizational Process Assets, Processes,
  • Procedures and policies, Corporate Knowledge Base, Historical Information, Lessons Learned, Project Selection Methods, Project Management Methodology, Project Management Information System, Management Plans
  • Learning to Develop Preliminary Project Scope Statement, Develop Project Management Plan, Configuration Management System, Change Control System, Work Authorization System, Baseline, Project Management Plan Approval
  • Learning to Direct and Manage Project Execution, Monitor and Control Project Work, Corrective Action, and close project
  1. Project Scope Management

  • Defining the scope of a project and Key terms in Project Scope Management
  • Learning the Project Scope Management Processes, create WBS, Verify Scope and control Scope
  • Exploration of most challenging tasks for a project manager
  • Learning the importance of working with stakeholders to ensure that the project meets their expectations
  • Understanding the Project Scope Management Plan, Scope Definition, Stakeholder Analysis, Product Analysis, Project Scope Statement
  1. Project Time Management

  • Understanding the Methods to Draw Network Diagrams, Precedence Diagramming Method (PDM) or Activity-on-Node (AON), Arrow Diagramming Method (ADM) or Activity-on-Arrow (AOA), Types of Dependencies, Milestones, Leads, and Lags
  • Understanding Activity Resource Estimating and Activity Duration Estimating
  • Learning how to Develop Schedule Network Analysis, PERT, Critical Path Method, Critical Path, Near-Critical Path, Float (Slack), schedule compression, Fast Tracking, Schedule, Scheduling Tools and Their Benefits, Schedule Baseline, Requested Change
  • Learning Progress Reporting, 50/50 Rule, 20/80 Rule, 0/100 Rule
  1. Project Cost Management

  • Learning Management Plan, Life Cycle Costing, Value Analysis, Cost Risk Cost Estimating (Type of Cost, Bottom-up Estimating, Project Management Software,
  • Learning how to determine Resource Cost Rates, Reserve Analysis, Cost of Quality, and Cost Budgeting
  • Understanding Cost Control (Earned Value Technique), Terms to Know, Formulas and Interpretations to Memorize, Accounting Standards, Net Present Value (NPV), Internal Rate of Return (IRR), Payback Period, Benefit Cost Ratio, Opportunity Cost, Sunk Costs, Law of Diminishing Returns, Working Capital, Project Selection Methods, and Depreciation
  1. Project Quality Management

  • Learning to define Quality Theorists, Gold Plating, Prevention Over Inspection, Marginal Analysis, Continuous Improvement (or Kaizen), Just in Time (JIT), Total Quality Management (TQM), Responsibility for Quality, Impact of Poor Quality
  • Exploring Cost-Benefit Analysis, Benchmarking, Design of Experiments (DOE), Cost of Quality (COQ), Mutual Exclusivity, Probability, Normal Distribution, Statistical Independence, Standard Deviation, 3 or 6 Sigma, Quality Control Tools, Seven Basic Tools of Quality, Cause and Effect Diagram
  1. Project Human Resource Management

  2. Project Communication Management

  3. Project Risk Management

PMP Certification Cost

An individual willing to become a PMP professional must undergo at least 35 hours of training in the course before attempting the exam. Various PMIs around the world offer training both online as well as offline at coaching centers. On average, the 3 to 4-month course classes cost around ₹50,000 to ₹70,000 in India.

date  20 Jun 2019

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