Friday, December 24, 2010

Why should you get PMP Certification?

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Project Management Professional (PMP) certification has become a market differentiator. Major companies and government agencies worldwide have started to recognize the value of a PMP certification. But, just acquiring PMP certification is not going to land you a lucrative job. You should have other necessary skills. If you have them, then PMP becomes value addition and it could differentiate you from the competition

Monday, December 20, 2010

What are PMI Certifications?

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Updated on 18 Oct 2015: Project Management Institute (PMI)'s Certification Program includes five eight credentials, as follows:
  1. Project Management Professional (PMP®)
    Credential for Project Managers who have demonstrated experience and competence in leading project teams.
  2. Certified Associate in Project Management (CAPM®)
    Entry-level certification for those who are new to project management
  3. Program Management Professional (PgMP®)
    Designed for those who manage multiple, complex projects to achieve strategic and organizational results
  4. PMI Scheduling Professional (PMI-SP®)
    Credential for professionals who want to focus on developing and maintaining project schedules.
  5. PMI Risk Management Professional (PMI-RMP®)
    Credential that demonstrates competence in assessing project risks, mitigating threats and capitalizing on opportunities
  6. Portfolio Management Professional (PfMP®)
    Credential that recognizes the advanced experience and skill of portfolio managers. PfMP Credential demonstrates your proven ability in the coordinated management of one or more portfolios to achieve organizational objectives.
  7. PMI Professional in Business Analysis (PMI-PBA®)
    PMI-PBA Credential demonstrates your ability to work effectively with stakeholders to define their business requirements, shape the output of projects and drive successful business outcomes.
  8. PMI Agile Certified Practitioner(PMI-ACP®)
    Credential for professionals who apply agile principles and practices on projects.
Interestingly, PMI does not enforce any one credential as a prerequisite for another. For example, to apply for the Program Management Professional (PgMP), you need not necessarily be a Project Management Professional (PMP). You also do not have to be a PMI member to apply to become a credential holder.

Monday, December 13, 2010

Project vs Operations

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While you are studying for PMP exam, you should understand the difference between Projects and Operations. While the exam might not test you on the definitions or their characteristics, they might give you a scenario and you will be asked to identify whether you are working on a project or you are involved in an operation. So, it is important to understand the characteristics of projects and operations. Here, we have listed them for your understanding.

Saturday, December 11, 2010

What is a Project?

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"A project is a temporary endeavor undertaken to create a unique product, service or result". This is the definition of a project as given by Project Management Insitute (PMI).

Temporary and Unique
The two keywords in the definition of a project are "temporary" and "unique". To know whether you are working on a project, you should understand the meaning of these keywords.

Thursday, December 9, 2010

What is PMBOK?

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PMBOK stands for Project Management Body of Knowledge. PMBOK guide is a recognized standard for the project management profession. PMBOK guide is a formal document that describes established norms,methods, processes and practices from the project management industry. Project Management practitioners contributed voluntarily to the development of this guide based on recognized good practices in the profession.

Wednesday, December 8, 2010

New PMP Exam From August 2011

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PMP Certification Examination is to be updated in the year 2011. Yes, Project Management Institute (PMI) has recently announced that the PMP Credential Examination will be revised in 2011. However, the eligibility requirements (both education and experience) will remain the same.