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PMP® Fundamentals Workshop

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1 PMP® Fundamentals Workshop
Q'vive, LLC are experts in the management and execution of innovative development projects. We help clients accelerate the development of new products and technologies, capitalize on their ideas, and overcome technical challenges. PMP® Fundamentals Workshop Eric van der Meulen, President | | consulting | interim management | training

2 Project Management Institute
Website PMP Credential Handbook CAPM Credential Handbook

3 Project Management Experience
PMP (Bachelor’s degree or global equivalent) Minimum three years/36 months unique non-overlapping professional project management experience during which at least 4,500 hours were spent leading and directing project tasks* PMP (High school diploma, Associates degree) Minimum five years/60 months unique non-overlapping professional project management experience during which at least 7,500 hours were spent leading and directing project tasks* CAPM (High school diploma) see Education Hours (next slide) Excel worksheet Experience_Worksheet.xls * Leading and directing project tasks as identified in the Project Management Professional Examination Specification. Within the total hours of project management experience, experience in all five process groups is required. However, on a single project, you do not need to have experience in all five process groups.

4 Education Hours PMP (Bachelor’s degree or global equivalent)
35 contact hours of formal education PMP (High school diploma, Associates degree) CAPM (High school diploma) You must meet one of these two requirements: 23 contact hours of formal education OR 1,500 hours of professional experience on a project team

5 PMP Study Resources LinkedIn Groups Walsh College PMI Class Group
PMI/PMBOK Self Study Group Project Manager Networking Group CAPM Community PMI Great Lakes Chapter - PMIGLC Project Managers PMP® Certified Networking Group

6 PMBOK® Changes in Fourth Edition
Starting on July 1, 2009 the PMP® exam is on the Fourth Edition of the PMBOK® Guide. What has changed?  This pdf file by the editor of the Fourth Edition and this summary slide explain. The major differences between the Third Edition and the Fourth Edition are: 1. All process names are in a verb-noun format 2. Efforts were made to distinguish between Enterprise Environmental Factors and Organizational Process Assets. 3. A standard approach for discussing requested changes, preventive actions, corrective actions and defect repairs was employed. 4. The processes decreased from 44 to 42. Two processes were deleted, two processes were added and 6 processes were reconfigured into 4 processes in the procurement knowledge area. 5. To provide clarity a distinction was made between the project management plan and project documents used to manage the project. 6. The distinction between the information in the Project Charter and the Project Scope Statement was clarified. 7. The process flow diagrams at the beginning of chapters 4-12 have been deleted and replaced with data flow diagrams. 8. A data flow diagram for each process has been created to show where information comes from as an input and where it goes to as an output. 9. A new appendix was added that addresses key interpersonal skills that a project manager utilizes when managing a project. A complete list of changes can be found in Appendix A of the Fourth Edition.

7 PMP Exam Changes in Fourth Edition
PMBOK 3 (old exam) What is a passing score on the PMP exam? Well... it worked like this; there are 200 questions on the exam. Of these 200 questions, 25 are sample or pretest questions. These questions do not count toward your score (so right or wrong, they do not help you or hurt you). The purpose of these questions is for the PMI to consider them as future exam questions. This means you have 175 questions that count toward your score. Of these 175 questions you must correctly answer 106 or 61% to pass the exam. PMBOK 4 (new exam) PMI doesn't disclose the passing percentage. The only thing they say is "The passing score for all PMI credential examinations is determined by sound psychometric analysis”. Sorry, but there is no defined passing score for the PMP Exam. Each of the 200 questions is weighted on a scale of difficulty. Depending on the number of easy to difficult questions among the 200 determines your passing score. E.g. If you have 60% difficult questions (as determined by a nameless faceless group of PMP's) you can score dramatically less than 61% and still pass. Lots of easy questions - higher passing score needed. PMP Exam Passing Score MYTHS:

8 Study, Study, Study … and Memorize …?
Formulas, Equations, Numbers Project Documents Processes in Knowledge Areas Processes in Process Groups ITTO’s Inputs Tools & Techniques Outputs Download pdf files

9 PMProcess Flow Poster
Processes organized by Project Management Process Group, with color coded Knowledge Areas All 42 Processes complete with inputs, tools and techniques, and outputs Project Integration Management shown as the backbone of the project Data flow between all Processes, Process Groups, Knowledge Areas, and External to the project Highlighted:  Project Management Plan Project Documents Risk Register Change Requests Deliverables Initiating Documents, Project Charter and Scope Baseline components emphasized



12 Reviews on Most Helpful Customer Reviews PMP Wall chart, December 2, By Russell Bugden Fabulous aid to project management. Pulls all the processes together on one page. I would strongly recommend this wall chart for anyone studying for the PMP exam or for a practitioner wanting a quick reference guide. PMP at a glance!, December 1, By Nancy J. Ellwood "PMP" This poster is a wonderful study aid. I hung it on my wall and used the clearly defined process flow to re-enforce what I was learning from my exam prep. The Knowledge areas are color coded and the required outputs have icons so you can easily visualize (and remember) requirements. This aid is definitely worth having if you are serious about being an effective Project/ Program Manager. Utilizing this poster while reading the exam prep book actually helped tie everything together, and greatly contributed to my ability to pass the exam! Great PMP test study aid!, November 30, By Jon Lawrence "technologist" I recently passed the PMP exam. I was able to complete the exam in two hours comfortably and confidently. I found that the PM Process Flow poster was extremely valuable in helping me understand the PMI project management methodology. There is a great deal of information that needs to be digested in order to prepare for the PMP exam. In reading the PMBOK Guide and other PMP test prep books the 42 processes are described over many chapters and it is not always apparent what the sequence of events are or how the processes are related. The PM Process Flow poster served as a key resource in understanding the big picture. I kept the poster handy and after reading a chapter would trace the processes on the poster. In a couple of weeks I could visualize much of the poster and true understanding of the PM processes were firmly rooted in my memory. Project Management Process Flow Poster, November 17, By Vic Habersmith I am very impressed with the Process Flow Poster. This is an excellent study aid for those wishing to take the PMP Certification Test. This is also useful for PMO's, PM's and any organization wishing to adopt the principles and practices of professional project management. The poster is on high-quality glossy paper stock. It is very easy to follow with color coding to guide you through the various knowledge areas and processes. The text is clear and the overall document is well-designed and attractive. I highly recommend this item to everyone with an interest in project management.

13 Special “Michigan Transition” Offer
Follow this link to order "The ultimate PMP® road map and study guide." Michigan Transition Price $10 more details about this poster here * MI residents pay 6% sales tax

14 Walsh College Business Leadership Institute
Affinity Groups There is a special learning and experience-sharing opportunity through the Business Leadership Institute Affinity Groups.  These groups offer a confidential forum to share information and discuss solutions to problems with business peers. An Affinity Group typically consists of 8-15 like-minded people, led by a trained facilitator. Members have no known conflicts of interest that would inhibit or damage their willingness to conduct open discussions. Only one person per company per group members are from non-competing companies Members are encouraged to define their own norms of behavior for attendance, tardiness, etc, and are free to explore any topic of interest. Meetings are held on a regular basis, typically monthly, in an atmosphere of confidentiality, trust and openness to assist each other with business, issues by sharing experiences and knowledge. Most groups meet at Walsh’s Novi or Troy campus. The group may invite outside presenters to address specific topics of interest. Responsibility for effective meetings and the group’s continuing health is shared by all members.

15 Affinity Group Descriptions
Now Forming: Consultants Affinity Group Individuals offering their expertise to help businesses grow will find common ground in this group. Members discuss business development, partnerships, pricing, business planning and goal setting in a non-competitive roundtable. This new group is facilitated by Norman "Gene" Richards, an attorney with Foster Swift Collins and Smith PC. Gene will serve as a resource for the group that will determine its own agenda and meeting plans. Now Forming: Second Stage CEOs This group is for individuals leading organizations with between 10 and 100 employees and between $1 million and $50 million in annual sales. The members must be from non-competing companies and be willing to listen and offer advice as the group focuses on growth strategies. Females in the Family Business Wives, daughters, aunts, sisters, and mothers in a family business are invited to attend the Females in the Family Business Affinity Group. Women who own, are partners in, or work for family businesses will meet to discuss common issues and share solutions in a non-threatening, non-competitive, non-sales roundtable. Please  for the next meeting date: Moderator: Ursula Scroggs, CPA, Derderian, Kann, Seyferth & Salucci, PC. For Profit CFOs and Controllers Chief financial  officers and controllers of private Michigan companies meet monthly to discuss common issues, taxes, budgeting and other concerns in a non-competitive, confidential small forum. Speakers are invited to present special topics on occasion.  Moderators: Ursula Scroggs, CPA, Derderian, Kann, Seyferth & Salucci, PC and Frank Seyferth, attorney, Foster, Swift, Collins & Smith, PC

16 Affinity Group Descriptions
HR Professionals Affinity Group  Walsh offers two HR Professionals affinity groups - one that meets at the Troy campus and the other at the Novi campus.   HR Directors and HR Professionals are welcome to attend these monthly sessions where substantive updates are provided and all members share common issues of concern, solutions and resources. Please to request the next meeting date of the Troy or Novi group. Facililtator: Rebecca Davies, attorney, Foster, Swift, Collins & Smith, PC Next Generation Those poised to be next in line in to lead a family business or small enterprise meet monthly to discuss the legal as well as the personal issues in succession planning. This newly reconstituted group is seeking peers who will be committed to the group in hashing out the problems of dealing with the leading generation and to develop leadership skills in preparation for their next role. Please  for the next meeting date: Moderator: Ursula Scroggs, CPA, Derderian, Kann, Seyferth & Salucci, PC. Owners and Managers This group meets in Novi on the second Wednesday each month.  Members have owned a business for many years and are concerned about growth, the costs of doing business, succession, work/life balance, and other topics as determined by the members. New members are welcome. Please  for the next meeting Moderator: Susan Virgin, CPA, Derderian, Kann, Seyferth & Salucci, PC.  Sales & Marketing Professionals Sales and Marketing professionals from different types of business meet monthly to discuss careers, techniques, inter-office communication and competition issues along with tips, techniques and tools of the trade! Up to 15 individuals from different industries meet at the Walsh Troy Campus.  If you are a sales and marketing professional,  for more information and to be a guest at the next meeting. Moderator: Kathryn Baker, owner, AdviCoach.

17 Walsh Business 360 Certificate Program
The Walsh College Business 360 certificate program introduces the fundamental business concepts and tools that can help individuals develop core competencies in business and management. This non-credit certificate program is a fast-track foundation for those who are seeking to learn business skills to complement their professional experience and who may not have a business degree. Business 360 Workshops will be offered in the Fall of 2010, they include: Accounting for Non-Accountants Workshop Problem Solving Skills Workshop Strategic Business Planning Workshop Marketing Management Workshop Economics Workshop Finance for the Non-Financial Manager Workshop Business Law Basics Workshop Operations Management Workshop Organizational Behavior Workshop

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