A bit late for the original asker, but others might find the following useful.
This is my 'proven' method (8 or 12 weeks), which I have applied several times, once for myself and as a study coach for others.
- The PMBOK edition you're going to take the exam on
- Rita Mulcahy's PMP studybook (or any other, but I found this the best one, by far)
- Some more example questions, preferably listed by PMBOK chapter. You can search around on the net, but they're often the same and of poor quality. There used to be a PMI question book available - its cheap if you divide the costs among participants. Even cheaper if the company pays :-)
- a bunch of enthousiastic students
- (optional) a friendly PMP, at least one who remembers the book or who wants to dig into it again (to give him a reason to check out the latest version, for instance.)
All participants study (or at least read) one or more PMBOK chapters each week, and the appropriate sections in Rita's book. The study-group comes together each week for 1,5 to 2,5 hours
For each chapter (except 1, 2 en 3), you have
- 30 min Q&A
- 20 min test-questions
- 20 min review & discussion of answers/results
A possible schedule could look like this:
Week 1: Introduction PMBOK and PMP exam; how to apply, ...
Week 2: Chapters 1, 2 en 3
Week 3: Integration & Scope
Week 4: Time & Cost
Week 5: Quality & HR
Week 6: Risk
Week 7: Procurement & Communication
Week 8: General review & practice exam
You can also follow a 12 week schedule like I did: each week one chapter (except for 1,2 & 3); after the Q&A, test and review time, the friendly PMP could give an intro on the next chapter (it helps when you hear it before reading the material). Ofcourse, this is also possible with the 8-week schedule, but then you'll get long sessions.
Some final notes on new PMBOK versions
- Make sure to register for the exam when you start, because the slots just before the "exam-switch" to the new version, tend to fill up pretty quickly
- Be careful with ordering study and example question books around the time of the version switch; they often claim on the cover they're adapted to the latest version, while they're still the previous book inside and you have to download an addtional paper with 'changes' ...