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11

I respectfully disagree with @DavidEspina. I don't think his answer is fundamentally wrong, but it doesn't match my answer. During project initiation (or in some contract work, prior to project initiation) you determine the scope of work. This is the box inside which all requirements must fit. The project sponsor and project management team must strongly ...


10

Your best source of information is the PMP Handbook. If you are going to go for your PMP take the time to review and understand what is required, doing so will help maximize your chances to succeed. In the eligibility of the PMP certification it mentions "35 contact hours", I have searched on this for my local region and it seems to be that some training ...


9

Product Specifications vs. Project Scope One assumes that you're not looking for dictionary definitions. We have Merriam-Webster and Wikipedia for that. For practical differences, I would suggest the following perspective: Requirements Requirements are the things your project needs built, and specifications are the instructions for what the things you want ...


8

An aspect of the work experience documentation that is often confusing for people has to do with overlapping projects. Here’s the simplest way I’ve found to explain it: PMI is looking for two things regarding work experience on the application: a number of unique months and a total number of hours of leading and directing. Earlier posts handled the leading ...


7

Crashing is simply the concept of throwing more resources--be it money, tools and machinery, humans, etc--at a work package in an attempt to decrease its overall duration. The general idea is, if you planned 10 days with one person to do a task, then applying a second person will decrease the duration to five days. The issue is, this does not work that ...


6

The issue with using formula is that it will provide an extremely precise, deterministic value that lives in a range of probabilistic values. Although extremely precise, no single formula will give you a high degree of accuracy, i.e., all formula have varying degrees of accuracy and thus are useful. But that means you need to use several of them so that ...


5

If you are in the UK and are going to be dealing with government projects you are probably better going with PRINCE2. This has several advantages for you: It is the standard for UK government. They developed the method and still own it (though there have been some developments in this regard). It is also apparently heavily used in the private sector in the ...


5

TL;DR I probably would have picked "C" as well, but can see what they were trying to get at with their selected answer. I don't agree with it, but I can see the point. It's an academic answer that probably aligns with something in the PMBOK, but that doesn't mean it's either a great question or a great answer. Ivory Tower Answers Most tests, and ...


5

Expected Monetary Value (EMV) is an important part of risk management, usually used in large and complex projects to perform quantitative risks analysis. Probability is the measurement of the likelihood of the occurrence of any event. Impact is the amount that you will have to spend if any identified risk occurs. According to the PMBOK Guide 5th edition, “...


5

PMI publishes "PMI Today", which displays the number of Active certification holders. As of August 2015 there are 655,576 PMPs, and 28,826 CAPMs. Another up-and-coming certification is the Agile Certified practitioner PMI-ACP which has 8,870. The other 5 certification streams have less than 4k. All told a little under 700k. Keep in mind that some people ...


5

There are 2 requirements to appear for PMP certification - Project Management Experience 35 hours of Project Management Education Regarding Project Management Experience You need 4500 hrs of experience if you have done 4 years of degree (bachelors degree or equivalent). Other wise if you have a diploma of equivalent then you need 7500 hrs of experience. ...


4

I have been developing software since 1995, and have been managing its development since 2006. I also hold both an MBA and PM from a reputable university. Honestly, I don't think you need either. If your intention (as you describe) is to "prepare" for an upcoming career in management, then I'd suggest you find an existing manager and shadow them, and, if ...


4

Like you, I prefer to understand rather than to memorize. I memorized this section. I played the process order game over and over until I could reliably order the process. (I won't provide the URL here because I don't know the current state of the copyright issues associated with the game.) There is some logic underlying the order. IMHO the first five are ...


4

The idea behind a parametric estimate is that you establish the measurement you are interested in against a unit that is meaningful to you. They are using the term module to represent a unit in generic terms. The unit could be square feet or square yards, produce release, gallons, or something like that. You are essentially creating a ratio in the most ...


4

No, there are no classes that you come away with a PMP certification. The PMP test is a proctored test under full observation conditions. You register for the test with a licensed test facility. You show up on the day of your test and sign in. You then put everything but your clothes into a locker. They will give you some loose paper and a writing implement....


4

The root-cause analysis is not the only problem solving method, and the solution process may include root-cause analysis or other methods. So, a solution idea can be found using any method. That's why accepting the problem and starting to solve the problem, and coming with a solution idea to the stakeholders is the accepted answer. Root-cause analysis is ...


4

The PMP handbook says that you need the "global equivalent" of a bachelor's degree. PMI can't know or dictate the graduation requirements for higher learning institutions all around the world. I can't imagine they would quibble over one year in a degree that you earned three decades ago, is recognized as a bachelor's degree in Canada, and predates the ...


4

Project Charter is a document that formalizes the existence of a project and gives authority to the project manager to use organizational resources for the completion of that project. Having said that, a change of project manager should not have any impact on the Project Charter. The only change would be to update the assigned project manager's name in the ...


3

I am currently working on my application, and the paper application no longer includes the quote above. However, I have put in experience ending in Jan 2005 (approx 8 1/2 years ago) which shows zero qualified hours - so clearly the "approved time period" is still in place - although they don't state what it is ANYWHERE on the PMI site (at least that i could ...


3

To put it simply: Requirements is what the customer needs, scope is what will be done to fulfill them.


3

Prince2: This is for people looking to manage the project from very high level. Keeping in view that your current role is not such, I would not suggest you to go for it. PRINCE2 is nice methodology but I have found it fit for top management mainly or someone who does not deal with the details of the project and is more into seeing if the project is going ...


3

You may want to consider the Certified Scrum Product Owner (CSPO) Prince2, PMP, CSM - the right certification for an ecommerce professional? None of the above. You may want to consider the Certified Scrum Product Owner (CSPO). You said: ...a lot of coordination with the stakeholders. I want to move in the direction of ecommerce Product Management....


3

Quality Audit is basically seeing if you are following the defined process. A Process Analysis is examining what you do and identifying aspects that could be improved. As an extreme example, in a Quality Audit you might have a process that says "Every employee should sleep for 10 minutes per hour" and the Audit would have to confirm it was being followed. ...


3

Generally speaking, many certificates are poor predictors of future performance. Despite that, it is heavily used in some domains. From a buyer's perspective, the certificate becomes a criterion that I have seen as "required" to "desired", in an attempt to filter out lower performing practitioners and raise the likelihood of finding a good candidate. From ...


3

I was in a similar position when I got my CAPM three years ago. In my case, which is probably not unique, the CAPM has served more as a resume filler than something that actually contributed to my performance at work. I didn't get a lead or manager role until over a year later, and even then (probably because we did more operations support than project work),...


3

My background is similar, so I'll tell you my lessons learned. To get started, let people know you are interested in the PM role, and that you would like to work as a project admin or coordinator to get some experience. These are roles where you get to see a lot of the management activities but for the most part you don't have a lot of responsibility for ...


3

There are lots of places that offer free PMP practice questions (eg http://www.oliverlehmann.com/sample-questions-pmp-self-tests.html). Practise exams are only really useful if you feel you're ready to sit the real exam - they'll show you whether you're ready or not. Get closer to the time when you can take the exam before using a paid practice exam. In the ...


3

The PMP seems to be the standard certification. I've been asked about the PMP in interviews in several different countries (as far away as Singapore). I have my Scrum Master Certification and work mainly in Scrum projects, but even still, the PMP is valued much higher than that generally speaking. If you look at the requirements for the PMP, experience ...


3

It's a PMP test question. The answers are not always logical nor based in reality. With this question, #3 and #4 are likely happening simultaneously. In fact, a solution may not be present without the RCA being completed; however, the solution provided to management may include an RCA being conducted and completed. So what PMI is looking for here is ...


3

There are no tricks to passing the PMP. You need to know and understand the information to pass it. Passing the PMP is about understanding PMI's definitions of a project and how to run it. If you do not have a strong knowledge of the PMBoK and haven't memorized the formulas and key things like Process Groups, then you'll likely not pass the test. You could ...


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