introduction to pm

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1CAPM Certification Examination Training Material Version 5.0 Copyright © 201 !y PM" M#m!ai Chapter. Allrights reser$e%.

CAPM Certification Examination Training Material Version 5.0 Copyright © 201 !yPM" M#m!ai Chapter. All rights reser$e%.

23 Contact Hours CAPM Exam Preparation

Course




• Pro&ect Management "nstit#te 'PM"( )*A+ the glo!al !o%y

for certification of Pro&ect Management Professionals• ,fficial site of PM" - .pmi.org

• ,fficial site of M#m!ai Chapter /

.pmim#m!aichapter.org

•2 ho#rs of PM E%#cation !ase% on PM, g#i%e

• ase% on Pro&ect Management o%y of nole%ge'PM,( o#rth E%ition '2003 Version(

• M#m!ai Chapter is go$erne% !y an electe% committee

PMI Introduction

http://www.pmimumbaichapter.org/

http://www.pmimumbaichapter.org/



CAPM Certification Examination Training Material Version 5.0 Copyright © 201 !y PM" M#m!ai Chapter. Allrights reser$e%.

CAPM Introduction

CAPM certification la#nche% in 200

"n%i$i%#al has to %emonstrate #n%erstan%ing of thef#n%amental 4nole%ge+ processes an% terminology as%efine% in A #i%e to the Pro&ect Management o%y ofnole%ge 'PM,6 #i%e(

The CAPM cre%ential can%i%ate contri!#tes to a pro&ectteam as a s#!&ect matter expert an% may also ser$e as asponsor+ facilitator+ liaison or coor%inator




Timeline of the CAPM Credential ProcessApplication Submission

'8in%o open 90 %ays(

Application Completeness Reie!" business da#s

'hen s#!mitte% online(

Audit Process $ " business da#s

'if application is selecte%(

Multiple $ Choice Examination Eli%ibilit#

& #ear 'from the %ate of the application appro$al(

Applicant Pa#ment Process

'cannot sche%#le exam #ntil yo# s#!mit payment ofcre%ential fees(

Certification C#cle

" #ears

'from the %ate exam as passe%. :e-exam is re;#ire%

to rene the cre%ential(




CAPM Eli%ibilit# Re'uirements

(PTI() &Educational *ac+%round Pro,ect Experience

*econ%ary e%#cation A)- &."// hours of professionalexperience on a pro&ect team

(R

(PTI() 2

Educational *ac+%round Pro,ect Mana%ement Education

*econ%ary e%#cation A)- 23 contact hours of formale%#cation



<CAPM Certification Examination Training Material Version 5.0 Copyright © 201 !y PM" M#m!ai Chapter. Allrights reser$e%.

CAPM Examination Information

=o. of*core%>#estions

=o. of pretest')nscore%(;#estions

TotalExamination>#estions

Time Allotte% Passing *core

&3" &" &"/ 3 Hours *ased onPs#chometric

Anal#sis


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CAPM Examination *lueprintPM*(0 1uide Chapter

Chapter )ame Percenta%euestions

Pro&ect Management Processes 157 Pro&ect "ntegration Management 12

5 Pro&ect *cope Management 11

< Pro&ect Time Management 12

? Pro&ect Cost Management ?

3 Pro&ect >#ality Management <

9 Pro&ect @: Management 3

10 Pro&ect Comm#nication Management <

11 Pro&ect :is4 Management 9

12 Pro&ect Proc#rement Management ?

1 Pro&ect *ta4ehol%er Management ?


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Examination 4ormat

There ill !e fo#r options for each ;#estion

There ill alays !e only one correct anser '!est possi!leith gi$en content(

Typically

Most of the time to options appear $ery rong

Apart from #sing e%#cation of PM, #i%e+ other tric4sof any on-line exam co#l% !e #se% to %eci%e on correctanser



CAPM Credential 4ees

Exam T#pe Member Status 5S -ollars

resh Exam Mem!er 225

:e-exam Mem!er 150

Cre%ential :eneal Mem!er 225

resh Exam =on / Mem!er 00

:e-exam =on / Mem!er 200

Cre%ential :eneal =on / Mem!er 00



Seen Eas# Steps to CAPM Certification

1. Complete 2 ho#rs Pro&ect Management learning

2. Create acco#nt at www.pmi.org (free of cost). et PM" mem!ership

7. Apply online for CAPM exam at e!site

5. After appro$al+ pay examination fees

)(TEB Application may !e selecte% for A5-IT

<. *che%#le exam at www.prometric.com

?. Cele!rate s#ccess



PM,

Introduction

• :e$ie The #i%e to the Pro&ect Management o%y of

nole%geD

– )n%erstan% 4ey %efinitions an% terminology

– :e$ie of the commonly accepte% Pro&ect Management f#nctions

– isc#ssion an% Co$erage of important topics from examination perspecti$e

– Exercise of sample test ;#estions

CAPM Exam Preparation Course (utline&




PM,PM,PM*(06 Table (f Contents

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CAPM Certification Examination Training Material Version 5.0 Copyright © 201 !yPM" M#m!ai Chapter. All rights reser$e%.

& Introduction




PM,PM,Introduction

• Contents

1. P#rpose of the PM,6 Guide

2. 8hat is a Pro&ect – The :elationships Among Portfolios+ Programs+ an% Pro&ects

. 8hat is Pro&ect Management

7. :elationships Among Portfolio Management+ Program Management+ Pro&ectManagement+ an% ,rganiNational Pro&ect Management

– Program Management.

–

Portfolio Management – Pro&ects an% *trategic Planning

– Pro&ect Management ,ffice

5. :elationship eteen Pro&ect Management+ ,perations Management+ an%,rganiNational *trategy

– ,perations an% Pro&ect Management

– ,rganiNations an% Pro&ect Management

<. #siness Val#e?. :ole of the Pro&ect Manager

– :esponsi!ilities an% competencies of the Pro&ect Manager

– "nterpersonal *4ills of a Pro&ect Manager

3. Pro&ect Management o%y ,f nole%ge

&

&




PM,PM,

• P#rpose of the PM,6 Guide

– PM,6#i%e is a s#!set of Pro&ect Management o%y of nole%gethat is generally recogniNe% as ‘Good Practice’

– ase% on the generally accepte% norms+ metho%s an% practices PM,6

offers Inputs+ Tools 9 Techni'ues and (utputs as g#i%elines formanaging in%i$i%#al pro&ects

– As ith other professions s#ch as la+ me%icine+ an% acco#nting+ the !o%y

of 4nole%ge rests ith the practitioners an% aca%emics ho apply an%a%$ance it contin#ally.

– P#rpose of PM,6 is to

• "%entify an% e$angeliNe !est practices in Pro&ect Management

• Promote common $oca!#lary amongst PM professionals

•*er$e as a lexicon of Pro&ect Management terms

&:&

2


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7hat is Pro,ect;

Unique

product,

service or

result

Project

Objectives

T

e m p o r a r # - u

r a t i o n

Pro%re

ssie

Elabo

ra

tion

Scope, Time, Cost, Customer Satisfaction, ….

Pro,ect fate;

,!&ecti$es Achie$e%

Pro&ect Terminate%

=ee% no longer exists

,!&ecti$es co#l% not !e met

Pro,ect -efinitionB A temporary en%ea$or

#n%erta4en to create a #ni;#e pro%#ct+ ser$ice orres#ltCharacteristicsB Temporary+ )ni;#e+ Progressi$eEla!oration



1?CAPM Certification Examination Training Material Version 5.0 Copyright © 201 !y PM" M#m!ai Chapter. Allrights reser$e%.

7hat is Pro,ect Mana%ement;

Knowlede

S!ills

Tools and Tec"niques

#pplication of$

Managing Projects = Balancing Constraints + Managing Stakeholders




PM,PM,

– Enhance the pro!a!ility of pro&ect s#ccess

– oc#s on o!&ecti$e - *cope+ Time+ Cost+ >#ality O :is4

– Effecti$e response to rapi% changes

– Manage #tiliNation of reso#rces effecti$ely

– A%%ress sta4ehol%ers interests

– Manage ris4s effecti$ely

– Achie$e pro&ect goals

– *ta4ehol%ers satisfaction

– Achie$e inancial Efficiency

– Meet ,!&ecti$es

– MinimiNe :is4s

– oc#ment the Gessons Gearne%Q for f#t#re reference

&:37h# Pro,ect Mana%ement;




PM,PM,Relationship bet!een Pro,ect 9 (perations

• Pro&ects can intersect ith ,perations %#ring pro%#ct lifecycle

• nole%ge transfer ta4es place !eteen pro&ects an% operations

• Pro&ects $ers#s ,perations

– (perations B ,ngoing+ repetiti$e+ for s#staining !#siness

– Pro,ects B Temporary+ #ni;#e.

•

,perations Management s#pports ongoing acti$ities or operations• ,perational *ta4ehol%ers in Pro&ect Management – *ho#l% !e engage%.

– examples of operational sta4ehol%ers '%epen%ing #pon the !#siness(BPlant operators+ Man#fact#ring line s#per$isors+ @elp %es4staff+

Pro%#ction system s#pport analysts+ C#stomer ser$ice representati$e+*alespersons+ Maintenance or4ers+ Telephone sales personnel+ Callcenter personnel+ :etail or4ers+ Gine managers+ an% Trainingofficers.

&:"

&3




Corporate Plannin

Mission

Strateic Plannin

Objectives

Project Selection

Project

Portfolios

Project Plannin andControl

Successful

Projects

Projects

Project

Portfolio

Programs

Projects Projects

Pro,ects and Strate%ies




Strategic Plan

Program

(Group of Projects)

Projects

Portfolio

Sub projects

Project

Management

Office

Hierarch# of Endeaors <Pro,ects=




Project

%anaement

Standardsand support

Project

%anaement&esources

Portfolio

%anaement

Project %anaement

Competenc'

J Assist Pro&ect :e$ie oar%J:eport PerformanceJ:eso#rce Allocation

JPhase En% :e$ie

J*ystems Management

Jnole%ge ManagementJConfig#ration Management

J*tan%ar%s an% MetricsJPolicies an% Proce%#resJMentoringJPro&ect *#pport

JE%#cation an% TrainingJProfessional Certifications

JCareer Path Management

Role of PM(

PMO Enhances Project Success

4rame!or+ 5nderstandin%

T#pes of PM(

str#ct#res can !eB

supportie.controllin%. directie

P , if C l




• A collection of generally se;#ential phases here the n#m!er ofphases are %etermine% !y the nee% of organiNation

Pro,ect 8ife C#cle


P8C Ch t i ti




Period of

Highest Risk Impact

*tarting thePro&ect

,rganiNing An%

Preparing

Carrying o#t the or4 Closing thepro&ect

TIME

Max.

Min.

P 8 C C h

a r a c t e r i s t i c

Uncertainty

Cost of Change

Amount

at Stake

OpportunityRiskAi!ity to

Change "asi!y

P8C Characteristics


* i > l & ?




PM,PM,

*usiness >alue

– #siness $al#e is %efine% as the entire $al#e of the !#siness. "tco#l% !e

• Tangi!le - physical assets s#ch as plant O machinery+ e;#ity+ etc.+

• "ntangi!le - !ran% $al#e+ goo% ill+ tra%emar4s+ etc.+

– epen%ing on the type of !#siness entity+ plan for !#il%ing$al#e can !e•

*hort-term• Me%i#m-term

• Gong-term

– An entity may chose to create its !#siness $al#eQ thro#ghstrategic planning an% implementing pro&ects. or example

• "ncreasing stoc4 hol%er $al#e remain as one of the mainconsi%erations of for-profitQ entity

• "n case of non-profitQ organiNation '=,Qs( engage themsel$es toincrease or #phol% $al#e of the society

&:?

&"

R l f P , t M



2<CAPM Certification Examination Training Material Version 5.0 Copyright © 201 !y PM" M#m!ai Chapter. Allrights reser$e%.

(eneral

%anaement

S!ills

)omain

Knowlede

*nvironment

Scannin

Communication

S!ills

Project

%anaement

+od' of

Knowlede

Role of Pro,ect Mana%er

Competencies @ 0no!led%e. Performance. Personal *ehaior

PM*(0 1 id



CAPM Certification Examination Training Material Version 5 0 Copyright © 201 !y PM" M#m!ai Chapter All

PM*(0 1uide

4ie -omains

Standard = Project Management Processes + Related Concets

introduction to pm

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