1. ©2011 Long Island Chapter of the Project Management Institute ALL RIGHTS RESERVED PMP Exam Study Group PMP Prep Course – PMBOK 4th Edition – Version 4.0 Welcome to the PMP Exam Study Group

2. ©2011 Long Island Chapter of the Project Management Institute ALL RIGHTS RESERVED PMP Exam Study Group PMP Prep Course – PMBOK 4th Edition – Version 4.0 2 Agenda PMI LIC’s PMP Prep Session Background Introductions Session Structure Class Logistics PMP Examination Application Procedure PMP Examination Eligibility Criteria Preparing to Complete the PMP Exam Application PMP Examination Content PMP Examination Application review

3. ©2011 Long Island Chapter of the Project Management Institute ALL RIGHTS RESERVED PMP Exam Study Group PMP Prep Course – PMBOK 4th Edition – Version 4.0 3 PMI LIC’s PMP Prep Session Background Started in 2001 as a 6 session Study Group Evolved to a program that includes 12 classes, standardized materials, experienced instructors and a qualified 35 hour PM class to assist our members to attain the Education Credential Parallel program of “Prepare the Instructor” to provide a base of qualified instructors

4. ©2011 Long Island Chapter of the Project Management Institute ALL RIGHTS RESERVED PMP Exam Study Group PMP Prep Course – PMBOK 4th Edition – Version 4.0 4 Introductions Gerri Stepanek, Vice President of Professional Development Ed Gillespie, Program Manager, PMP Prep Courses, Professional Development Participants for Session Instructors and schedule for this session – precedes Section 1 of your notebook

5. ©2011 Long Island Chapter of the Project Management Institute ALL RIGHTS RESERVED PMP Exam Study Group PMP Prep Course – PMBOK 4th Edition – Version 4.0 5 Session Structure Fees – Checks payable to PMI LIC L.I. Chapter Members: $ 595 Non-Chapter Members: $ 695 Non-PMI Members: $ 795 Earned Hours: 35 hours for attending all PMP LIC Prep sessions. 3 hours will be deducted for each missed session. Materials: PMBoK Fourth edition PMI LIC developed class notes Rita Mulcahy’s PMP Exam Prep text book

6. ©2011 Long Island Chapter of the Project Management Institute ALL RIGHTS RESERVED PMP Exam Study Group PMP Prep Course – PMBOK 4th Edition – Version 4.0 6 Class Logistics 6:00 PM Start; 8:30-9:00PM finish (breaks provided) Instructor will set up laptop, projector and distribute that evening’s materials Attendees must sign the sign-in sheet to get credit for the class Test given at end of class (self-graded) Instructor and presentation rating sheet to be completed at the end of each class (see end of notebook)

7. ©2011 Long Island Chapter of the Project Management Institute ALL RIGHTS RESERVED PMP Exam Study Group PMP Prep Course – PMBOK 4th Edition – Version 4.0 7 PMP Examination Application Procedure Meet Eligibility Requirements Complete the on-line application, pay fees and receive confirmation to register for test Schedule test on-line with a Prometric facility near you Within one-year of receiving confirmation Up to 3 re-tests within the first year of applying Fees: PMI Member$ 405.00 Non-member$ 555.00 Re-examination fee – PMI member$ 275.00 Re-examination fee – Non-member$ 375.00 www.prometric.com/PMI

8. ©2011 Long Island Chapter of the Project Management Institute ALL RIGHTS RESERVED PMP Exam Study Group PMP Prep Course – PMBOK 4th Edition – Version 4.0 8 PMP Exam Eligibility Criteria Candidates applying for certification as a Project Management Professional must satisfy the educational and experiential requirements for Category 1 or Category 2 and agree to abide by the Project Management Code of Ethics and Professional Conduct

9. ©2011 Long Island Chapter of the Project Management Institute ALL RIGHTS RESERVED PMP Exam Study Group PMP Prep Course – PMBOK 4th Edition – Version 4.0 9 PMP Exam Eligibility Criteria (cont’d) Category 1Category 2 Degree Bachelors or MoreHS or equivalent Min project hours (lead/direct) 4500 hours7500 hours Min # of months (non-overlapping) 36 months60 months Term of experience <= 8 years Formal PM Training 35 hours

10. ©2011 Long Island Chapter of the Project Management Institute ALL RIGHTS RESERVED PMP Exam Study Group PMP Prep Course – PMBOK 4th Edition – Version 4.0 10 Non-overlapping requirement

11. ©2011 Long Island Chapter of the Project Management Institute ALL RIGHTS RESERVED PMP Exam Study Group PMP Prep Course – PMBOK 4th Edition – Version 4.0 11 Required Supporting Documentation Educational Background - (A copy of diploma or transcript for baccalaureate or equivalent university degree for Category 1) Experience Verification Form(s). 35 hours of Project Management education PMI DOES AUDIT APPLICANTS ON A RANDOM BASIS!!!!!

12. ©2011 Long Island Chapter of the Project Management Institute ALL RIGHTS RESERVED PMP Exam Study Group PMP Prep Course – PMBOK 4th Edition – Version 4.0 12 Preparing to Complete the PMP Exam Application List projects from most recent to oldest Estimate months of duration for each project Determine the hours spent for each project in Initiation, Planning, Execution, Monitor and Control, Closing Lay out matrix or chart

13. ©2011 Long Island Chapter of the Project Management Institute ALL RIGHTS RESERVED PMP Exam Study Group PMP Prep Course – PMBOK 4th Edition – Version 4.0 13 PMP Examination Application Review Let’s review the hard copy version of the PMP CREDENTIAL HANDBOOK (also available on the pmi.org site)

14. ©2011 Long Island Chapter of the Project Management Institute ALL RIGHTS RESERVED PMP Exam Study Group PMP Prep Course – PMBOK 4th Edition – Version 4.0 14 PMP Examination Content: The Project Management Professional (PMP) Certification Examination measures the application of knowledge, skills, tools, and techniques utilized in the practice of project management Examination specifications were established in 1997 after the Project Management Institute completed a job analysis study The examination is computer-based and is comprised of 200 total questions: - 175 scored multiple-choice questions developed and validated by PMPs - 25 unscored pre-test questions Examinees must obtain a score of 61% (106/ 175) in order to pass the examination The allotted time to complete the examination is four (4) hours The examination is offered exclusively through Prometric, a leading worldwide provider of comprehensive technology-based testing and assessment services

15. ©2011 Long Island Chapter of the Project Management Institute ALL RIGHTS RESERVED PMP Exam Study Group PMP Prep Course – PMBOK 4th Edition – Version 4.0 15 PMP Examination Content: Examination questions are developed to test the candidate's knowledge of how project management skills are used in practice. Therefore, no single source for the examination exists. The foundation document for project management training and/or education is A Guide to the Project Management Body of Knowledge (PMBoK Guide). The PMBOK is available from PMI -- http://www.pmi.org/PMBOK- Guide-and-Standards/Standards-Library-of-PMI-Global- Standards.aspx PMI also offers an array of textbooks and other project management reference materials. It is recommended that candidates also reference their professional experience, as many of the questions on the examination are situational.http://www.pmi.org/PMBOK- Guide-and-Standards/Standards-Library-of-PMI-Global- Standards.aspx Current test offering is based on PMBoK Fourth Edition.

16. ©2011 Long Island Chapter of the Project Management Institute ALL RIGHTS RESERVED PMP Exam Study Group PMP Prep Course – PMBOK 4th Edition – Version 4.0 16 PMP Examination Content:

17. ©2011 Long Island Chapter of the Project Management Institute ALL RIGHTS RESERVED PMP Exam Study Group PMP Prep Course – PMBOK 4th Edition – Version 4.0 17 Examination Content Performance Domain I: Initiating the Project Conduct project selection methods to determine feasibility Define the scope of the project based on the business need to meet customer’s project expectations Document high-level risks, assumptions and constraints using historical data and expert judgment to understand project limitations Perform key stakeholder analysis to gain buy-in and requirements for the success of the project Develop project charter to confirm scope, risks, assumptions, constraints and issues Obtain project charter approval % of Questions - 13%

18. ©2011 Long Island Chapter of the Project Management Institute ALL RIGHTS RESERVED PMP Exam Study Group PMP Prep Course – PMBOK 4th Edition – Version 4.0 18 Examination Content Performance Domain II: Planning the Project Record detailed customer requirements, constraints and assumptions with stakeholders to establish deliverables Identify key project team members by defining roles and responsibilities to create a project organization structure to develop the communication plan Create WBS Develop the change management plan Identify project risks by defining risk strategies and developing the risk management plan Obtain project plan approval Conduct a kick-off meeting with all key stakeholders % of Questions - 24%

19. ©2011 Long Island Chapter of the Project Management Institute ALL RIGHTS RESERVED PMP Exam Study Group PMP Prep Course – PMBOK 4th Edition – Version 4.0 19 Examination Content Performance Domain III: Executing the Project Execute tasks defined in the project plan Ensure common understanding of plan to align stakeholders and team members Implement the procurement of project resources in alignment with the procurement plan Manage resource allocation to execute the planned tasks successfully Implement the quality management plan Implement approved changes Implement approved actions and workarounds to mitigate project risk events Improve team performance by team building techniques and boost morale % of Questions - 30%

20. ©2011 Long Island Chapter of the Project Management Institute ALL RIGHTS RESERVED PMP Exam Study Group PMP Prep Course – PMBOK 4th Edition – Version 4.0 20 Examination Content Performance Domain IV: Monitoring and Controlling the Project Measure Project Performance to monitor project progress, identify and quantify any variances, perform required corrective actions, and communicate to stakeholders Manage changes to project scope, project schedule, and project costs to keep the project plan accurate, updated, reflective of the authorized project changes as defined in the change management plan and facilitate customer acceptance Ensure that the project deliverables conform to quality standards established in the quality plan to adhere to customer requirements Monitor the status of all identified risks by identifying new risks, taking corrective actions, updating risk plan to minimize impact of risks on the project % of Questions - 25%

21. ©2011 Long Island Chapter of the Project Management Institute ALL RIGHTS RESERVED PMP Exam Study Group PMP Prep Course – PMBOK 4th Edition – Version 4.0 21 Examination Content Performance Domain V: Closing the Project Formalize final acceptance for the project from the sponsor/customer Obtain financial, legal and administrative closure Release all project resources Communicate all lessons learned Distribute the final project report using all project closure-related information Archive project records, historical information and documents Measure customer satisfaction at end of project by capturing customer feedback % of Questions - 8%

22. ©2011 Long Island Chapter of the Project Management Institute ALL RIGHTS RESERVED PMP Exam Study Group PMP Prep Course – PMBOK 4th Edition – Version 4.0 Thank You Ed Gillespie, P.E., PMP egillespie@pmilic.org

23. ©2011 Long Island Chapter of the Project Management Institute ALL RIGHTS RESERVED PMP Exam Study Group PMP Prep Course – PMBOK 4th Edition – Version 4.0 Good Luck!!