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https://masterofproject.comPMP FlashCardsâOnline PMP TrainingMaster of Project Academy Material - Cannot Be Sold, Copied or Redistributed.244 Madison Ave, New York1
https://masterofproject.com500,000 Enrollments180 Countries99.6% First AttemptPass Rate30-Day Money BackGuarantee“Designed and led by seasoned industry professionals with a deep well ofacademic and field knowledge, Master of Project Academy courses guideprofessionals easily and effectively through certification exams“Master of Project Academy offers the best solution, with flexible onlinecourses at a fraction of the cost of other certification training coursesProfessionals enrolled from 100 companies includingthese fine companiesOnline PMP TrainingMaster of Project Academy Material - Cannot Be Sold, Copied or Redistributed.2
https://masterofproject.comSection: Introduction & The Environment in Which Projects OperateWhat is a Project?Temporary endeavor with abeginning and end. It createsa unique product, service orresultReasons for project initiationMarket Demand, SocialNeed, Legal Requirement,Customer Request,Technological Advance etc.Example of a projectDevelopment a softwareapplication that will receive,record and prioritize theincidents received bycustomers.Online PMP TrainingMaster of Project Academy Material - Cannot Be Sold, Copied or Redistributed.3
https://masterofproject.comOperational WorkMost of the work being donein organizations which isongoing and repetitive.Example of an operationalworkHandling customer incidentsthrough a softwareapplication which arereceived daily.What is ProjectManagement?Application of knowledge,skills, tools and techniques toproject activities to meet theproject requirements.Online PMP TrainingMaster of Project Academy Material - Cannot Be Sold, Copied or Redistributed.4
https://masterofproject.comWhat are the process groupsof project management?Initiating, Planning,Executing, Monitoring &Controlling ,ClosingProgram is Group of projects which arerelated with each other.Example of a programDevelopment of theentertainment system of acar with following projects:Connection Manager, DisplayScreen etc.Online PMP TrainingMaster of Project Academy Material - Cannot Be Sold, Copied or Redistributed.5
https://masterofproject.comPortfolio is Group of programs whichmight not be relatedhowever serve for the samebusiness goal.Example of a portfolioA car manufacturer aims toproduce three new carmodels in next three yearsto be the most convenientcar manufacturer for women.Project Management Office(PMO)Department centralizes themanagement of projects inan organization.Online PMP TrainingMaster of Project Academy Material - Cannot Be Sold, Copied or Redistributed.6
https://masterofproject.comWhat are the three differenttypes of PMO structures inorganizations?Supportive, Controlling andDirectiveProject manager can reportto Functional Manager,Program Manager orPortfolio ManagerThe most importantinterpersonal skill for aproject manager is CommunicationOnline PMP TrainingMaster of Project Academy Material - Cannot Be Sold, Copied or Redistributed.7
https://masterofproject.comWhat are the three differenttypes of PMO structures inorganizations?Supportive, Controlling andDirectiveProject objectives are What needs to be achievedas a result of project.Who is responsible formeeting project objectives?Project ManagerOnline PMP TrainingMaster of Project Academy Material - Cannot Be Sold, Copied or Redistributed.8
https://masterofproject.comThere is a trade-off between Project Requirements andProject ObjectivesThe most common projectconstraints are Time, Cost, Scope, Quality,Customer Satisfaction, Riskand ResourcesOrganizational Process AssetsPlans, processes, policies,procedures and knowledgebases specific to and used bythe performing organization.Online PMP TrainingMaster of Project Academy Material - Cannot Be Sold, Copied or Redistributed.9
https://masterofproject.comEnterprise EnvironmentalFactorsExamples of EnterpriseEnvironmental FactorsConditions that are notunder the control of theproject team, that influence,constrain or direct theproject.-Organizational culture,structure, and governance.-Government or IndustryStandards-Political ClimateMarketplace ConditionsStakeholdersPeople whose interests maybe positively or negativelyimpacted by the project.Online PMP TrainingMaster of Project Academy Material - Cannot Be Sold, Copied or Redistributed.10
https://masterofproject.comProject GovernanceProvides the project managerand team with structure,processes, decision-makingmodels and tools formanaging the project.Project TeamProject Manager and thegroup of individuals whoperform the project work.What are the three commonorganizational structuretypes?Functional, Projectized andMatrixOnline PMP TrainingMaster of Project Academy Material - Cannot Be Sold, Copied or Redistributed.11
https://masterofproject.comThe most commonorganizational structure typeis FunctionalWhich of the organizationalstructure types give the mostcontrol and authority to theproject manager?ProjectizedIn which type of organizationteam members report tofunctional managers andproject managers?MatrixOnline PMP TrainingMaster of Project Academy Material - Cannot Be Sold, Copied or Redistributed.12
https://masterofproject.comProject ExpediterActs as staff assistant andcommunications coordinator.Cannot make any decision.Project CoordinatorActs like project expediterhowever he or she can makesome minor decisions.Advantages of FunctionalOrganization-Team members report toonly one supervisor-Similar resources arecentralized and managedeasier.Online PMP TrainingMaster of Project Academy Material - Cannot Be Sold, Copied or Redistributed.13
https://masterofproject.comDisadvantages of FunctionalOrganizationNo career path in projectmanagement.The project manager haslittle or no authority.Efficient project organizationAdvantages of ProjectizedOrganizationDisadvantages of ProjectizedOrganizationLoyalty to the project.More effectivecommunications thanfunctionalLack of professionalism indisciplines.Less efficient use ofresources.Online PMP TrainingMaster of Project Academy Material - Cannot Be Sold, Copied or Redistributed.14
https://masterofproject.comAdvantages of MatrixOrganizationDisadvantages of MatrixOrganizationHighly visible projectobjectives.Maximum utilization ofscarce resources.Extra administration isrequired.More than one boss forproject teams.More complex to monitor.and controlProduct Life CycleStarts from conception of anew product to itswithdrawal.Online PMP TrainingMaster of Project Academy Material - Cannot Be Sold, Copied or Redistributed.15
https://masterofproject.comDevelopment Lifecycles canbe predictive, iterative,incremental, adaptive orhybrid.Project Phases are Collection of relatedactivities that will produce ameaningful deliverable.Phase GatesHeld at the end of a phasefor review of business case,Project charter, plans etc.Online PMP TrainingMaster of Project Academy Material - Cannot Be Sold, Copied or Redistributed.16
https://masterofproject.comBusiness Documents includeBusiness case and benefitsmanagement plan.Who is accountable forpreparing the business casedocument?Project Sponsor-Business needsBusiness Case covers -Analysis of the situation-Recommendation-EvaluationOnline PMP TrainingMaster of Project Academy Material - Cannot Be Sold, Copied or Redistributed.17
https://masterofproject.comBenefits Management PlanDefines the processes forcreating, maximizing andsustaining the benefitsprovided by a project.-Strategic alignmentBenefits Management Plancovers -Timeframe for realizingbenefits-Benefits ownerTailoringSelecting appropriate tools,techniques, procedures etc.to manage a project.Check Out Online PMP TrainingOnline PMP TrainingMaster of Project Academy Material - Cannot Be Sold, Copied or Redistributed.18
https://masterofproject.comWhat OurCommunity Says“The PMP course materials of Master of Project Academy was excellent PMPonline training from MoPA is the foundations of my PMP pass success. Theadditional PMP Exams & Maths Lectures were of the best quality of thepractice exams I utilized My performance was 'Above Target’ for all fivedomains. This is the highest PMP pass score a candidate can get!Donald Wheeler, senior technology-consulting principal with years of experience workingprimarily for consulting organizations Accenture and IBM.Works at RGP, USA“Instructor teaches theoretical concepts of project management in an easierand very understandable manner! He gives real-world project examples andenables you to understand concepts clearly. Questions and solutions of thequestions at the end of each section completes the concepts covered in thesection.Vasilisa Ivchenko, Project EngineerWorks at Gazprom, Russia“Definitely I would recommend Master of Project Academy to friend &colleagues. It is very good value for money compared to other onlinetraining resources. You have flexibility to complete your course at your ownpace. Course material & tools help you to prepare yourself in very shorttime span for the exam.Rahul Kamble, Assistant ManagerWorks at Pall Corporation, IndiaOnline PMP TrainingMaster of Project Academy Material - Cannot Be Sold, Copied or Redistributed.19
additional PMP Exams & Maths Lectures were of the best quality of the practice exams I utilized My performance was 'Above Target’ for all five domains. This is the
