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Project Management Professional (PMP ) ExamPMBOK Guide – Fifth Edition AlignedChuck Millhollan, MBA, MPM, PMP, PgMPIIBA Certified Business Analysis Professional (CBAP)ASQ Certified Six Sigma Black BeltASQ Certified Software Quality EngineerASQ Certified Manager of Quality / Organizational Excellencechuck.millhollan@gmail.comInnovative Management Solutions, LLCStudent Copy – Not for Reproduction or DistributionChuck Millhollan, MBA, MPM, PMP, PgMP 2014, Innovative Management Solutions, LLC1
Process GroupInitiatingPlanningExecutingMonitoring & ControllingClosingKnowledge sRiskProcurementStakeholderCopyrights PMP : “PMP” and the PMP logo arecertification marks of the Project ManagementInstitute which are registered in the UnitedStates and other nations PMBOK : “PMBOK” is a trademark of theProject Management Institute, Inc. which isregistered in the United States and othernations Note: The PMBOK is the primary source forthis slide deck. When other sources arereferences, citations are provided.Student Copy – Not for Reproduction orDistributionChuck Millhollan, MBA, MPM, PMP, PgMP 2014, Innovative Management Solutions, LLC2
Process GroupKnowledge nningExecutingMonitoring & ControllingClosingIntroductions &Course Expectations Personal Background– Name– Organization, Title– Formal Education Project Management Experience Expectations for this ent Copy – Not for Reproduction orDistributionChuck Millhollan, MBA, MPM, PMP, PgMP 2014, Innovative Management Solutions, LLC3
Course SyllabusStudent Copy – Not for Reproduction or DistributionChuck Millhollan, MBA, MPM, PMP, PgMP 2014, Innovative Management Solutions, LLC4
Process GroupInitiatingPlanningExecutingMonitoring & ControllingClosingKnowledge sRiskProcurementStakeholderWorkshop Approach Instructor presentation & guided discussion Student presentation (based on the RitaMulcahy PMP Exam Prep Textbook chaptertests) Presentations should include:– The questions with the correct answers highlighted– A justification for the correct answers– An explanation for why the distracters were not theappropriate choice– Sources for each question In-class exam review and discussion– Random selection Student Copy – Not for Reproduction orDistributionChuck Millhollan, MBA, MPM, PMP, PgMP 2014, Innovative Management Solutions, LLC5
Process GroupInitiatingPlanningExecutingMonitoring & ControllingClosingKnowledge sRiskProcurementStakeholderStudent Presentations Let’s go the syllabus (last page ) Student presentations are based on learningfrom the following:– The PMBOK required reading for the knowledgearea– Rita Mulcahy PMP Exam Prep textbook requiredreading & practice exams– Hot Topics flashcards– Additional research as appropriate Candidates are encouraged to provide copiesof their presentations to all members of theclass after their presentations (either hardcopy or electronic copy is acceptable)Student Copy – Not for Reproduction orDistributionChuck Millhollan, MBA, MPM, PMP, PgMP 2014, Innovative Management Solutions, LLC6
Process GroupKnowledge AreaInitiatingPlanningExecutingMonitoring & ControllingClosingStudent Presentations: AssignmentsIntegration ScopeIntegration Management – Instructor assigned– Instructor assigned Chapter 4Time Scope Management– Instructor assignedCost Chapter 6 Cost Management– Instructor assigned Chapter 10 Quality Management– Instructor assignedRisk Chapter 11 Procurement Management– Instructor assigned Chapter 12 Stakeholder Management– Instructor assigned Chapter 8 Chapter 13 ProcurementRisk Management– Instructor assigned Chapter 7CommunicationsCommunicationsManagement– Instructor assignedTime Management– Instructor assignedQualityHR Chapter 9 Chapter 5 Human ResourceManagementEthics & Prof Responsibility– Instructor assigned Chapter 14StakeholderStudent Copy – Not for Reproduction orDistributionChuck Millhollan, MBA, MPM, PMP, PgMP 2014, Innovative Management Solutions, LLC7
Process GroupInitiatingPlanningExecutingMonitoring & ControllingClosingKnowledge AreaThe TestIntegrationScopeTimeCostQuality 200 questions– 25 are “pretest” questions that do not effect score –randomly placed throughout the exam– Passing rate is 106 of 175 scored questions ( 61%) 4 hours– Preceded by a 15 minute tutorial (not part of your time) Pass/Fail indication immediately after submissionHRCommunications– Diagnostic report will show breakdown of performancewithin each domain (5 process professionalresponsibility) Cost:RiskProcurementStakeholder– PMI Members: 405/ 275– Non-Members: 555/ 375Student Copy – Not for Reproduction orDistributionChuck Millhollan, MBA, MPM, PMP, PgMP 2014, Innovative Management Solutions, LLC8
Process GroupInitiatingPlanningExecutingMonitoring & ControllingClosingKnowledge sRiskProcurementStakeholderStudent Copy – Not for Reproduction orDistributionChuck Millhollan, MBA, MPM, PMP, PgMP 2014, Innovative Management Solutions, LLC9
Process GroupInitiatingPlanningExecutingMonitoring & ControllingClosingKnowledge AreaStudy Time Commitment (PMPath )IntegrationSource: Dr. Robert Amason, PMPTotal Course Time Calculation (Hours)ScopeStudy entStakeholderMost Stakeholder13.309.9726.615.0Professional 1.8TOTALSStudent Copy – Not for Reproduction orDistributionChuck Millhollan, MBA, MPM, PMP, PgMP 2014, Innovative Management Solutions, LLC10
Study GroupsStudent Copy – Not for Reproduction or DistributionChuck Millhollan, MBA, MPM, PMP, PgMP 2014, Innovative Management Solutions, LLC11
Process GroupInitiatingPlanningExecutingMonitoring & ControllingClosingKnowledge AreaIntegrationApplication curementStakeholderStudent Copy – Not for Reproduction orDistributionChuck Millhollan, MBA, MPM, PMP, PgMP 2014, Innovative Management Solutions, LLC12
Process GroupInitiatingPlanningExecutingMonitoring & ControllingClosingKnowledge AreaIntegrationApplication curementStakeholderStudent Copy – Not for Reproduction orDistributionChuck Millhollan, MBA, MPM, PMP, PgMP 2014, Innovative Management Solutions, LLC13
Process GroupInitiatingPlanningExecutingMonitoring & ControllingClosingKnowledge AreaIntegrationApplication curementStakeholderStudent Copy – Not for Reproduction orDistributionChuck Millhollan, MBA, MPM, PMP, PgMP 2014, Innovative Management Solutions, LLC14
Process GroupInitiatingPlanningExecutingMonitoring & ControllingClosingKnowledge AreaIntegrationLouisville Testing LocationsScopeTimeCostQualityHRThomson Prometric Test Center7400 New La Grange Road, Suite #110Louisville, KY 40222Phone: (502) 423-0478Site Code: 1101U of L Belknap Campus106 East BrandeisLouisville, KY 40208Phone: (502) 852-6607Site Code: t Copy – Not for Reproduction orDistributionChuck Millhollan, MBA, MPM, PMP, PgMP 2014, Innovative Management Solutions, LLC15
Process GroupInitiatingPlanningExecutingMonitoring & ControllingClosingKnowledge AreaIntegrationScopeTimeCostOur roles I am here as a facilitator You are the PMP entStakeholderStudent Copy – Not for Reproduction orDistributionChuck Millhollan, MBA, MPM, PMP, PgMP 2014, Innovative Management Solutions, LLC16
Process GroupInitiatingPlanningExecutingMonitoring & ControllingClosingKnowledge AreaIntegrationScopeTimeCostQualityWant the Answers Before the Test? Best practices and lessons learnedfrom experienced faculty members, andeven more important PMP Exam candidates fresh from Student Copy – Not for Reproduction orDistributionChuck Millhollan, MBA, MPM, PMP, PgMP 2014, Innovative Management Solutions, LLC17
Process GroupInitiatingPlanningExecutingMonitoring & ControllingClosingKnowledge AreaIntegrationScopeTimeCostNote Taking Purposefully no “slide deck” once wemove into the knowledge areas– The PMBOK is your note takingguide get into the holder– Note the slide headers; they guide you tothe applicable sections of the PMBOK Student Copy – Not for Reproduction orDistributionChuck Millhollan, MBA, MPM, PMP, PgMP 2014, Innovative Management Solutions, LLC18
PMI-ism BreakRita Mulcahy, PMP Exam Prep, 8thEditionStudent Copy – Not for Reproduction or DistributionChuck Millhollan, MBA, MPM, PMP, PgMP 2014, Innovative Management Solutions, LLC19
An Introduction to Project ManagementChuck Millhollan, MBA, MPM, PMP, PgMPIIBA Certified Business Analysis Professional (CBAP)ASQ Certified Six Sigma Black BeltASQ Certified Software Quality EngineerASQ Certified Manager of Quality / Organizational Excellencechuck.millhollan@gmail.comInnovative Management Solutions, LLCStudent Copy – Not for Reproduction or DistributionChuck Millhollan, MBA, MPM, PMP, PgMP 2014, Innovative Management Solutions, LLC20
Process GroupInitiatingPlanningExecutingMonitoring & ControllingClosingKnowledge AreaIntegrationScopeTimeCostQualityHR1.2 What is a Project? Defined in terms of distinctive characteristics – a projectis a temporary endeavor undertaken to create aunique product or service– A product (end item or component)– A capability to perform a service– A result (outcome or document) Progressive elaboration– Developed in steps and continuing by increments Operations and project similaritiesCommunicationsRisk– Performed by people– Constrained by limited resources– Planned, executed, and controlledProcurement Program – A group of interrelated projects in whichmanagement is coordinatedStakeholderStudent Copy – Not for Reproduction orDistributionChuck Millhollan, MBA, MPM, PMP, PgMP 2014, Innovative Management Solutions, LLC21
Process GroupInitiatingPlanningExecutingMonitoring & ControllingClosingKnowledge Area1.3 Managing a ionsRiskProcurementStakeholder Identify requirements Assess & address stakeholder needs,concerns & expectations throughout theduration of the project udgetResourcesRisksStudent Copy – Not for Reproduction orDistributionChuck Millhollan, MBA, MPM, PMP, PgMP 2014, Innovative Management Solutions, LLC22
Process GroupInitiatingPlanningExecutingMonitoring & ControllingClosingKnowledge sDefinitions Project Management: The application ofmanagement methods (knowledge, skills,tools, techniques) to project activities(planning, scheduling and controlling) todeliver the product of the project Project Management provides process ortask focus; it provides specifics of who, what,when, and howRiskProcurementStakeholderStudent Copy – Not for Reproduction orDistributionChuck Millhollan, MBA, MPM, PMP, PgMP 2014, Innovative Management Solutions, LLC23
Process GroupInitiatingPlanningExecutingMonitoring & ControllingClosingKnowledge sRisk1.4 Projects & Programs Defined Project––––TemporaryUndertaken to create a unique product or serviceDefined starting pointDefined objectives (determines end point) Program– Group of related projects– Coordinated management– Obtain benefits and/or control not possible ifmanaged individuallyProcurementStakeholderStudent Copy – Not for Reproduction orDistributionChuck Millhollan, MBA, MPM, PMP, PgMP 2014, Innovative Management Solutions, LLC24
Process GroupInitiatingPlanningExecutingMonitoring & ControllingClosingKnowledge AreaIntegrationProject ManagementScopeTimeProjectInitiation(Proposal, urementStakeholderStudent Copy – Not for Reproduction orDistributionProjectPlanning(Charter,WBS, etc )Chuck Millhollan, MBA, MPM, PMP, PgMP 2014, Innovative Management Solutions, LLC25
Process GroupInitiatingPlanningExecutingMonitoring & ControllingClosingKnowledge AreaProgram ram 1Program 2Project 5Portfolio 1CostQualityProject 1Project 2Project 3Project 4HRCommunicationsRiskProcurementStakeholderStudent Copy – Not for Reproduction orDistributionChuck Millhollan, MBA, MPM, PMP, PgMP 2014, Innovative Management Solutions, LLC26
Process GroupKnowledge ng & ControllingClosingProgram vs Project: tDeliver long term business Deliver: T, C, Q, andbenefitScopeQualityFocus on ongoing supportand full transitionEnds when deliverablesare providedFocus on benefitrealizationGoal is to satisfy usersProduce resultsProduce product or tudent Copy – Not for Reproduction orDistributionChuck Millhollan, MBA, MPM, PMP, PgMP 2014, Innovative Management Solutions, LLC27
Process GroupKnowledge gMonitoring & ControllingClosingProgram vs Multi-Project: ment of a group ofinterrelated projectsManage several projectsindependentlyProgram level responsibilityand manages projectmanagers for componentprojectsFully accountable for eachindividual projec
Student presentation (based on the Rita Mulcahy PMP Exam Prep Textbook chapter tests) Presentations should include: – The questions with the correct answers highlighted – A justification for the correct answers – An explanation for why the distracters were not the appropriate choice – Sources for each question In-class exam review and discussion – Random selection Chuck .
