Monday, April 6, 2015

How to Pass PMP?

You can pass PMP Exam, but don't take it easy. You have to study and pratice hard. You need to have a motivation to do it.

Following is how i passed my PMP exam. I already had Prince 2 and IPMA Level-D certification and a lot of experince. But some that could cause you trouble if you are doing things differently other than as per PMI recommendations. Your competency will tested as per PMI rules. So you will need lot of time to practice to pass exam. Its just like a driving test, no matter how good driver you are but you have to 100% follow the rules of driving to pass the driving test.

You should try to accomplish following in 2-3 months.

Read PMBOK latest edition (at least read twice) 
Read Rita's latest edition (at least read twice)
Create notes

Take Project Management Course (it will give you 32 credit hours you need, plus good training)
Read any other PMP books or material of your choice
update noets

*** Register for exam

Read PMBOK latest edition (re read once again) 
Read Rita's latest edition (re read once again)

Take online exam simulation 
(first take exam by sections to find out where you need to put more effort, then take full exams, at least take 5 full exams, you must take overall 70% to be sure you will pass)

Exam week...

Read PMBOK latest edition (re read once again) 
Read Rita's latest edition (re read once again)
Read your notes

One day break, have a good sleep the night before exam!

Skim through notes...
Take Exam (mid day is the best)

Sunday, October 26, 2014

Thursday, October 9, 2014

What are the elements of a Business Case

1. Project Title and Description
 2. Project Manager Assigned and Authority Level
 3. Business Case
 4. Resources Preassigned
 5. Stakeholders
 6. Stakeholder Requirment as know
 7. Product description/Deliverables
 8. Assumptions
 9. Contraints
10. Measureable Project Objectives
11. Project Approval Requirements
12. High Level Project Risks
13. Project Sponosors

Wednesday, October 8, 2014

PMP - Procurment Management / Contract Types

Fixed Price:
        FP = Fixed Price
    FPIF = Fixed Price Incentive Fee 
   FPAF = Fixed Price Award Fee Adjustment
 FPEPA = Fixed Price Economic Price Adjustment

Cost Plus:
  CPF/CPPC = Cost Plus Fee/Cost Plus Percentage of Cost
           CPFF = Cost Plus Fixed Fee
            CPIF = Cost Plus Incentive Fee
           CPAF = Cost Plus Award Fee


   T&M = Time & Material
       CR = Cost Reimbursable
       CC = Cost Contract


Thursday, September 18, 2014