Project Management Professional (PMP)

Starting the journey with the establishment of Project Management Institute, the modulesrevolve around the evolution of PMBOK® Guide and finally the purpose and criteria for PMP®.
Understanding the fundamental characteristics of a project. The discussion evolves the subjectinto the need for project management. How the Project Management varies from OperationsManagement, Program Management and Portfolio Management. What is Strategic planning?

 

What is PMO and how it can help the organizations? What exactly is the role of a project manager? These are some of the questions that the topic addresses.

The module talks about the Project Life Cycle in comparison with Product Life Cycle. It alsodiscusses the project phases and Project Governance across the Life Cycle. The module endswith a treatise on differentiation between a project and an operational work.
A project is influenced by multiple factors in an organization. Right from the people involved tothe policies and the reporting relationships can impose various forces on the project work. Themodule also discusses how an organization evolves over a period of time by enriching theOrganizational Process Assets.
The module discusses about the common project management processes and their interactions.

 

There are 47 processes as per the PMBOK® Guide (Fourth Edition). The module also discussesthe classification of these processes under the classic 5 process groups. The module alsodiscusses about the cross matrix of these 5 process groups across 9 knowledge areas.

Project Integration Management includes the processes and activities needed to identify, define, combine, unify, and coordinate the various processes and project management activities within the Project Management Process Groups.
Project Scope Management includes identifying all the work that is required to be done to complete the project. This module starts with Collection of Requirements and encompasses the controlling the changes to the scope.
This module discusses the processes required for the timely completion of the project. Beginning from the Activity Lists, and followed by Activity Sequencing, the module walks through to the schedule development.
One of the most essential parts of Project Management and the core of the performancereporting, Project Cost Management talks about the common approaches involved in estimation and budget allocation. The module also discusses the Earned Value Management – the math behind performance evaluation.
The module talks about implementation of the quality management system through policy and procedures with continuous process improvement activities conducted throughout, as appropriate.
Project Human Resource Management includes the processes that organize, manage, and lead the project team. The project team is comprised of the people with assigned roles and responsibilities for completing the project.
Project Communications Management includes the processes required to ensure timely and appropriate generation, collection, distribution, storage, retrieval, and ultimate disposition of project information
Project Risk Management includes the processes of conducting risk management planning, identification, analysis, response planning, and monitoring and control on a project. It aims at increasing the probability and impact of positive events, and decreasing the probability and impact of negative events in the project.
This module includes the processes necessary to purchase or acquire products, services, or results needed from outside the project team. The organization can be either the buyer or seller of the products, services, or results of a project. It discusses various contract types and various types of procurement documents and when to use which one.
This module includes the processes necessary to manage the stakeholders in the project. It discusses the engagement levels of the stakeholders based upon their power/influence/interest in the project.
Every profession requires a code of conduct and this module precisely discusses what it take to execute a project management effort with highest degree of integrity.
The tips and tricks to pass the exam – this module takes on to discuss some of the time tested tips and tricks to pass the PMP® Exam.

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