On-Site Training Only  
 Length: 5 days 
 Number of Participants: Up to 20
 Materials: Notebooks and handouts provided
 

Is this seminar for you…

The Project Management Institute (PMI) administers the Project Management Professional (PMP) Certification exam. This certification program was developed to prove one’s ability to manage projects. 

This course fulfills the PMP eligibility requirement of 35 hours Project Management Education. The other requirements are 4,500 hours of Project Management experience and a Bachelor’s Degree. 

The objective of this course is to guide participants in studying and successfully passing the examination. In order to pass the PMP exam you must correctly answer 131 of the 200 multiple-choice questions in a 4-hour period. The course will also assist participants in signing up for the PMP exam. 

On the basis of data released by the Bureau of Economic Analysis of the U.S. Department of Commerce, the Project Management Institute (PMI®) estimates that the U.S. public and private sectors spend some $2.3 trillion on projects every year, an amount equivalent to one-quarter of the nation's gross domestic product. Extrapolating U.S. data, PMI estimates that the world as a whole spends nearly $10 trillion of the world's $40.7 trillion gross product on projects of all kinds.

BENEFITS OF CERTIFICATION

Expand Competence

Managing projects successfully is increasingly complex. Projects are more integrated, employ multi-discipline teams, share resources and cross organizational boundaries. Certification addresses these requirements.

Professionalism

PMP® certification demonstrates a personal commitment to your profession. It integrates your thinking and creates awareness in the technical and interpersonal dimensions of managing projects.

Corporate Support PMP®

Many companies recognize the value of PMP® Certification and have adopted it on a company-wide basis. Prestigious organizations such as IBM, AT&T, ABB, Bechtel, Lucent Technologies, NCR, Sun Microsystems, HP, US West, Kaizer Engineering, Citibank, Canadian Dept of Defense, Korean Electricity Power Corporation and others.

COURSE MATERIALS

PMP® Study Guide exclusively prepared for the PMP® exams.

Program Outline

 Day One

Project and Project Managers in Today’s World

• Project management in Asia Pacific

• PMP certification and its importance

• Overview of Project Management Body of Knowledge 2000 3^rd Edition

  Fundamentals:

• Project management fundamentals and definitions

•  Project, Program, Operations, Life Cycle, Applications

• Stakeholder knowledge

• Constraint, Assumptions, Managing Triple Constraints

• Key competencies of a successful Project Manager

• Process groups - Initiating, Planning, Executing, Controlling, and Closing

  Unit One Project Integration Management PMBOK Chapter 4

• General management skills, Management by objectives

• Change and Change Control System, Configuration Management

•  Project Evaluation, Progress Reports, Lessons Learned

•   Practice Tests

  Unit Two Scope Management PMBOK Chapter 5

• Needs, Specification, Exclusion

• Project Selection Techniques

• Work Breakdown Structure

•   Scope Control and Conflict

• Practice Tests

  Day Two

  Unit Three Project Time Management PMBOK Chapter 6

• PERT, CPM, PDM, GERT - Definitions

• Crashing and Fast-Tracking Schedules

•  Monte Carlo Analysis

• Networks – Calculating Critical Path, Forward and Backward Pass

• Practice Tests

  Unit Four Project Cost Management PMBOK Chapter 7

• Financial tools; NPV, IRR, Payback

• Estimates; Order of Magnitude, Budget, Definitive

•  Basic Cost Management Terminology

• Reserves; Contingency and Management

• Life Cycle Cost (LCC)

• Practice Tests 

  Day Three

  Unit Five Project Quality Management PMBOK Chapter 8

• Quality: Defined, Planning, Assurance, Control

• Tools & Techniques Benefit/cost analysis, Benchmarking, Flowcharting, Design of Experiments Cost of quality, Inspection, Control charts, Pareto diagrams, Statistical sampling and Trend analysis

• Kaizen Continuous Improvement

• Practice Tests

  Unit Six Project Human Resource Management Chapter 9

• Overall approach to project HR management:

•  Forms of organizational structures

•  Functional, Project Expediter & Coordinator, Weak & Strong Matrix, Projectized

• Types of power

• Project Conflict, Conflict Management

•  Motivational theories

• Practice Tests 

  Day Four

  Unit Seven Communication Management PMBOK Chapter 10

• Communication Model, Communication Channels

• Types of Communication, Barriers to Communication

• Role of Project Manager

• Building Effective Team Communication

• Communication Styles

•  Organization Structure and Communication

• Practice Tests

  Unit Eight Project Risk Management Chapter 11

• Risk Management Defined – Classification of risks

• Risk Planning, Identifying & Analyses – Tolerances, Triggers, Scales of probability and impact, Expected Monetary Value

• Risk response – Thresholds, Owners, Residual & secondary risks

• Risk Monitoring & Control – Alternatives, Corrective action, Replanning

•  Practice Tests

   Day Five

  Unit Nine Project Procurement Management Chapter 12

•  Procurement Planning

• Solicitation Planning

•  Contract Types and allocation of risk through types of contracts

• Contract Administration

• Contract closeout

• Practice Tests

           Unit Ten Professional Responsibility

• PMP Code of Conduct

•  Integrity and Professionalism, Interaction between stakeholders

•  Advancing the project management profession

• Enhance individual competence, Balance stakeholders’ interests

• Practice Tests

            Unit Eleven PMP Exam

• Test Taking Techniques

• Final Practice Test