pmp exam preparation experience by prashant poladia
TRANSCRIPT
Where Value and Innovation Co-exist
www.valuelabs.com
My PMP Exam Experience
by Prashant Poladia, Product Manager at ValueLabs(PMP, CUA & Pursuing Executive MBA)
Where Value and Innovation Co-exist
www.valuelabs.com
What are we going to cover?
1. Five W’s and One H Approach to PMP
2. Eligibility Criteria for PMP
3. Cost of PMP Examination
4. Preparation for PMP
© ValueLabs | www.valuelabs.com | Confidential | by Prashant Poladia (PMP & CUA) | [email protected] 2
Where Value and Innovation Co-exist
www.valuelabs.com
Five W’s and One H Approach to PMP
What is PMP?
Why PMP?
Who can do PMP?
Where can we give PMP examination?
When can we appear for PMP?
How can we pass PMP?
© ValueLabs | www.valuelabs.com | Confidential | by Prashant Poladia (PMP & CUA) | [email protected] 3
Where Value and Innovation Co-exist
www.valuelabs.com
What is PMP?
© ValueLabs | www.valuelabs.com | Confidential 4
Where Value and Innovation Co-exist
www.valuelabs.com
Why PMP?
Guess what is it?
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Where Value and Innovation Co-exist
www.valuelabs.com© ValueLabs | www.valuelabs.com | Confidential 6
Where Value and Innovation Co-exist
www.valuelabs.com
Why PMP?
It is a waste… if you have so many resources/tools but do not know how to use it
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Where Value and Innovation Co-exist
www.valuelabs.com
Why PMP?
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Where Value and Innovation Co-exist
www.valuelabs.com
Why PMP?
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Where Value and Innovation Co-exist
www.valuelabs.com
PMP vs PMI-ACP
Source: http://www.izenbridge.com/pmp-or-pmi/
© ValueLabs | www.valuelabs.com | Confidential | by Prashant Poladia (PMP & CUA) | [email protected] 10
PMP® PMI-ACP®
You monitor projects but you do not interact with complete team, you only interact with few set of people and manage project in organized environment.
You are leading team and interact with each team member on regular basis.
You only look at results which team produces, someone else is responsible to ensure that team produce the result.
You are responsible for your teams productivity, you are the one who sees the gaps and find solutions if team fails to produce desired results.
You do not get into details of how the software develops, you never bother about the build integration and coding issues.
You are responsible to ensure that your team usage right development practices so the productivity gets enhanced.
You are working on system integration projects where you have multiple team associated with you and your main role is to identify and solve dependencies.
You are working as Project Manager of development team of 10-15 size and your main role is to ensure delivery, and you do use agile values in making day to day decisions.
You need to prepare complex project planning and monitoring reports which goes to management at frequency for review- the documentations.
You do prepare status reports but they are not that complex, they goes to management but management also connected with you and they do discuss status with you when they need details.
You need to interact with many stakeholders; these stakeholders have been managing project traditionally for a while.
Your management is moving towards agile, they want to be lean as soon as possible.
Where Value and Innovation Co-exist
www.valuelabs.com
Eligibility Criteria for PMP
Source: PMP Handbook
© ValueLabs | www.valuelabs.com | Confidential | by Prashant Poladia (PMP & CUA) | [email protected] 11
Where Value and Innovation Co-exist
www.valuelabs.com
Cost of PMP Examination (as per 2011)
Line Items Amount in INR
PMI Membership (Free: PMBOK soft copy) 5,805
35 Hours of Training (10k to 12k) - 10% discount on referral 10,500
Exam Fees 18,225
Minus Reimbursement Fee from VL (50% on Exam Fees) (9,112.5)
Total 25,417.5
Optional Expenses (Rita's Book + Question Bank + Hot Topics) 15,360
© ValueLabs | www.valuelabs.com | Confidential | by Prashant Poladia (PMP & CUA) | [email protected] 12
Where Value and Innovation Co-exist
www.valuelabs.com
Preparation for PMP
1. Become PMI member
2. Study Individually –or– Team up with 3
3. Books to read:1. Rita Mulcahy
2. PMBOK (use it as a dictionary)
4. Read book thoroughly:§ 1st Revision
§ Prepare doubts and notes
5. Audio Clips - Hot Topics, 2002 and 2003, a book of flashcards
6. Training (35 hours)
7. Submit for PMP Credential
8. Set Date for exam
© ValueLabs | www.valuelabs.com | Confidential | by Prashant Poladia (PMP & CUA) | [email protected] 13
9. 2nd Revision > Quick Skim Through
10. Question Bank - PM FASTrack®, 2003, A PMP® Simulation computer software program
11. Mock Exams
12. Go for Final Exam
Where Value and Innovation Co-exist
www.valuelabs.com
Books for PMP
© ValueLabs | www.valuelabs.com | Confidential 14
Where Value and Innovation Co-exist
www.valuelabs.com
All the best!!!
© ValueLabs | www.valuelabs.com | Confidential 15
Prashant Poladia, Product Manager at ValueLabsPMP, CUA & Pursuing Executive MBA from Institute of Product Leadership