In this I have shared my experience of preparing for PMP exams. It is very easy if you plan like a project for passing PMP. If I can do that I am sure most of the average folks can also pass PMP in a midst of their busy work schedule,

1. Where Value and Innovation Co-exist
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My PMP Exam Experience
by Prashant Poladia, Product Manager at ValueLabs
(PMP, CUA & Pursuing Executive MBA)

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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) | prashant.poladia@valuelabs.com 2

3. Where Value and Innovation Co-exist
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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) | prashant.poladia@valuelabs.com 3

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What is PMP?
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Why PMP?
 Guess what is it?
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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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Why PMP?
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Why PMP?
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PMP vs PMI-ACP
Source: http://www.izenbridge.com/pmp-or-pmi/
© ValueLabs | www.valuelabs.com | Confidential | by Prashant Poladia (PMP & CUA) | prashant.poladia@valuelabs.com 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.

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Eligibility Criteria for PMP
 Source: PMP Handbook
© ValueLabs | www.valuelabs.com | Confidential | by Prashant Poladia (PMP & CUA) | prashant.poladia@valuelabs.com 11

12. Where Value and Innovation Co-exist
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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
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13. Where Value and Innovation Co-exist
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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) | prashant.poladia@valuelabs.com 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

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Books for PMP
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All the best!!!
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Prashant Poladia, Product Manager at ValueLabs
PMP, CUA & Pursuing Executive MBA from Institute of Product Leadership