Pmp2013 wb00

PMI, PMBOK and PMP are registered marks of the Project Management Institute, Inc.
Project Management Professional (PMP)®
Exam Prep
Course 00 – PMP® Application & Exam

Slide 1
Application & Exam
Types of Questions
PM Basics
Ten Knowledge Areas
Professional Responsibility
Practice Exams
© Copyright and all rights reserved – Looking
Glass Development, LLC.
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Slide 2
Looking Glass Development, LLC
(303) 663-5402 / (888) 338-7447
4610 S. Ulster St. #150 Denver, CO 80237
information@lookingglassdev.com
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Slide 3
What do the letters PMP mean?
• Project Management Professional.
What are the benefits of being a
PMP?
• Higher income potential.
• Shows knowledge of international
standards.
• Is required by a growing number of
employers.
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Slide 4
How Do I Become A PMP?
Work
Experience
Contact
Hours
Application
Submission
90 Days
Application
Completeness
Review
Applicant
Payment
Process
Pass Exam
(1 year)
Receive
Certification
PMP
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Slide 5
Applying online is the fastest way
https://certification.pmi.org
Mailing Address
PMI Certification Department
Fourteen Campus Boulevard
Newtown Square, PA. 19073
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Slide 6
Domain
Percentage
of Questions
Initiation 13%
Planning 24%
Executing 31%
Monitoring & Controlling 25%
Closing 7%
Total Number of Scored Questions 175
Total Number of Unscored Questions 25
Total Questions on Exam 200
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Slide 7
Task Initiating – 13%
Task 1 Perform project assessment based upon available information, lessons
learned from previous projects, & meetings with relevant stakeholders in
order to support the evaluation of the feasibility of new products or
services within the given assumptions and/or constraints.
Task 2 Identify key deliverables based on the business requirements in order to
manage customer expectations & direct the achievement of project
goals.
Task 3 Perform stakeholder analysis using appropriate tools & techniques in
order to align expectations & gain support for the project.
Task 4 Identify high level risks, assumptions, & constraints based on the
current environment, organizational factors, historical data, & expert
judgment, in order to propose an implementation strategy.
Task 5 Participate in the development of the project charter by compiling &
analyzing gathered information in order to ensure project stakeholders
are in agreement on its elements.
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Slide 8
Task Initiating – 13%
Task 6 Obtain project charter approval from the sponsor, in order to
formalize the authority assigned to the project manager & gain
commitment & acceptance for the project.
Task 7 Conduct benefit analysis with relevant stakeholders to validate
project alignment with organizational strategy & expected
business value.
Task 8 Inform stakeholders of the approved project charter to ensure
common understanding of the key deliverables, milestones &
their roles & responsibilities.
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Slide 9
Task Planning – 24%
Task 1 Review & assess detailed project requirements, constraints, &
assumptions with stakeholders based on the project charter,
lessons learned, & by using requirements gathering techniques
in order to establish detailed project deliverables.
Task 2 Develop a scope management plan, based on the approved
project scope & using scope management techniques, in order to
define, maintain, & manage the scope of the project.
Task 3 Develop the cost management plan based on the project scope,
schedule, resources, approved project charter & other
information, using estimating techniques, in order to manage
project costs.
Task 4 Develop the project schedule based on the approved project
deliverables & milestones, scope & resource management plans
in order to manage timely completion of the project.
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Slide 10
Task 5 Develop the human resource management plan by defining the
roles & responsibilities of the project team members in order to
create a project organizational structure & provide guidance
regarding how resources will be assigned & managed.
Task 6 Develop the communications management plan based on the
project organizational structure & stakeholder requirements, in
to define & manage the flow of project information.
Task 7 Develop the procurement management plan based on the project
scope, budget, & schedule, in order to ensure that the required
project resources will be available.
Task 8 Develop the quality management plan & define the quality
standards for the project and its products, based on the project
scope, risks & requirements, in order to prevent the occurrence
of defects & control the cost of quality.
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Slide 11
Task 9 Develop the change management plan by defining how changes will be
addressed & controlled in order to track & manage change.
Task 10 Plan for risk management by developing a risk management plan;
identifying, analyzing, & prioritizing project risk; creating the risk
register; & defining risk response strategies in order to manage
uncertainty & opportunity throughout the project life cycle.
Task 11 Present the project management plan to the relevant stakeholders
according to applicable policies & procedures in order to obtain approval
to proceed with project execution.
Task 12 Conduct kick-off meeting communicating the start of the project, key
milestones, & other relevant information in order to inform & engage
stakeholders & gain commitment.
Task 13 Develop the stakeholder management plan by analyzing needs, interests,
& potential impact in order to effectively manage stakeholders’
expectations & engage them in project decisions.
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Slide 12
Task Executing – 31%
Task 1 Acquire & manage project resources by following the human resource &
procurement management plans in order to meet project requirements.
Task 2 Manage task execution based on the project management plan by
leading & developing the project team in order to achieve project
deliverables.
Task 3 Implement the quality management plan using the appropriate tools &
techniques in order to ensure that work is performed in accordance with
required quality standards.
Task 4 Implement approved changes & corrective actions by following the
change management plan in order to meet project requirements.
Task 5 Implement approved actions by following the risk management plan in
order to minimize the impact of the risks & take advantage of
opportunities on the project.
Task 6 Manage the flow of information by following the communications plan in
order to keep stakeholders engaged & informed.
Task 7 Maintain stakeholder relationships by following the stakeholder
management plan in order to receive continued support & management
expectations.
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Slide 13
Task Monitoring & Controlling – 25%
Task 1 Measure project performance using appropriate tools & techniques in
order to identify & quantify any variances & corrective actions.
Task 2 Manage changes to the project by following the change management
plan in order to ensure that project goals remain aligned with business
needs.
Task 3 Verify that project deliverables conform to the quality standards
established in the quality management plan by using appropriate tools
and techniques to meet project requirements and business needs.
Task 4 Monitor & assess risk by determining whether exposure has changed &
evaluating the effectiveness of response strategies in order to manage
the impact of risks & opportunities on the project.
Task 5 Review the issue log,, update if necessary, & determine corrective actions
by using appropriate tools & techniques in order to minimize the impact
on the project.
Task 6 Capture, analyze, & manage lessons learned, using lessons learned
management techniques in order to enable continuous improvement.
Task 7 Monitor procurement activities according to the procurement plan in
order to verify compliance with project objectives.
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Slide 14
Task Closing – 7%
Task 1 Obtain final acceptance of the project deliverables from relevant
stakeholders in order to confirm that project scope &
deliverables were achieved.
Task 2 Transfer the ownership of deliverables to the assigned
stakeholders in accordance with the project plan in order to
facilitate project closure.
Task 3 Obtain financial, legal, & administrative closure using generally
accepted practices & policies in order to communicate formal
project closure & ensure transfer of liability.
Task 4 Prepare & share the final project report according to the
communications management plan in order to document &
convey project performance & assist in project evaluation.
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Slide 15
Task Closing – 7%
Task 5 Collate lessons learned that were documented throughout the
project & conduct a comprehensive project review in order to
update the organization’s knowledge base.
Task 6 Archive project documents & materials using generally accepted
practices in order to comply with statutory requirements & for
potential use in future projects & audits.
Task 7 Obtain feedback from relevant stakeholders using appropriate
tools & Techniques & based on the stakeholder management
plan in order to evaluate their satisfaction.
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Slide 16
 Must get 61% or better
 There is no penalty for wrong answers
 Fees:
PMI members pay $405
Non-members pay $555
 Each applicant has one (1)
year to take exam
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Slide 17
 The exam is NOT based on the PMBOK Guide®.
 The exam requires more than memorization.
 Almost half of the exam requires you to identify
what you would do in a given situation.
 The exam emphasizes the five (5) process
groups, ten (10) knowledge areas and 47
processes.
 Exam requires you to answer the questions
from PMI’s perspective based on the RDS.
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Slide 18
 Rarely will the answer be a direct quote from the
PMBOK Guide.
 Questions can be series based, i.e. you must
answer the first question correctly to answer the
next three (3) or four (4) questions.
 A small percentage of the questions will be based
on the inputs and outputs from the PMBOK
Guide.
 Earned Value, Critical Chain, PERT, EMV, and CPM
will almost certainly be on the test.
 Approximately 10%-15% of the exam will require
the use of other formulas.
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Review Questions:
1. Which of the following correctly represents the acronym PMP®?
A. Project Mentoring Professional
B. Project Management Professional
C. Program Management Professional
D. Portfolio Management Professional
2. Which of the following is a benefit to holding the PMP® credential?
A. Higher income potential
B. Shows knowledge of a global standard
C. It is required by a growing number of companies
D. All of the above
3. If you have a four year baccalaureate degree how many hours of professional
experience leading projects do you need?
A. 3,600
B. 4,500
C. 7,500
D. None of the above
4. If a candidate is attempting to qualify to sit for the PMP® exam how many contact
hours must be completed?
A. 35
B. None, PDUs are required
C. 45
D. 21
5. If you do not have a four year baccalaureate degree how many hours of
professional experience leading project do you need?
A. 6,000
B. 4,500
C. 9,000
D. 7,500

6. Which of the following best describes a contact hours?
A. Contact hours are the same as PDUs
B. Contact hours represent hours of formal instruction or education in the
field of project management
C. Contact hours represent hours spent reading about or training in the field
of project management
D. None of the above
7. How many questions are in the PMP® exam?
A. 175
B. 250
C. 200
D. 150
8. Which of the following PMBOK® Guide knowledge areas represents the largest
percentage of test questions:
A. Executing
B. Monitoring & Controlling
C. Planning
D. Initiating
9. What is the required passing score for the PMP® exam?
A. 68%
B. 80%
C. 61%
D. 75%
10. Approximately what percentage of test questions will be a direct quote from the
PMBOK® Guide?
A. 15%
B. 21%
C. 5%-10%
D. 0%

Answer Key:
1. B
The PMP® is the most popular project management certification in the world. It
stands for Project Management Professional.
2. D
All of the above are true according to PMI®.
3. B
Under PMI®'s Category I qualifications for people who hold a baccalaureate
degree, each candidate must possess at least 4,500 hours of professional
experience leading projects and 36 months of experience.
4. A
For all PMP® candidates 35 contact hours must be obtained. A contact hour is
the same as an hour of face time with an instructor.
5. D
Under PMI®'s Category II qualifications for people who hold a baccalaureate
degree, each candidate must possess at least 7,500 hours of professional
experience leading projects and 60 months of experience.
6. B
Contact hours represent hours of formal instruction or education in the field of
project management. Contact hours are the same as PDU categories 1, 3 and/or
5.
7. C
The PMP® exam contains 200 questions of which only 175 are actually graded.
25 questions are being evaluated for future addition to the testbank.
8. A
The executing process group represents 27% of the PMP® exam. The planning
process group represents 23%.
9. C
61% is the required passing score for the PMP® exam. Approximately 68% of all
exams receive this score or better.

10.D
You should expect no correct answers on the exam to be exact quotes from the
PMBOK® Guide because of the focus on situational questions.

Pmp2013 wb00

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