PMP exam has undergone a change this year with respect to reorganization or modification of topics and it will surely need proper guidance along with best coaching. Management is skill of completing process with respect to time, resource and budget. As project management being a skill can be developed only with learning and practicing it by applying for management course. A project manager plays an important key role in process of project management along with management team of professionals. So for project management to lead for successful projects these competitive market demands PMP certified project manager and other management professionals to be a part of their business. So Monks Learning lab is trying to help candidates by providing online PMP certification course to transform them into best professionals. Also candidates will be able to improve skills and get practical based knowledge form real industry based experts. Monks learning lab have given rise to many milestones.

1. PMP EXAM
PREPARATION

2. Adaptation is long-lasting visionary for
successful sustenance".
 "In similar case to knock for the successful project also requires improvement
into project management phases, methodologies, and objectives. So every
four to five years PMI brings change in PMP exam as per modified
requirements of industry’s management basis. A proper PMP exam training is
essential for new PMP exam. The structure of PMP Examination Content
Outline will be updated for PMP 2021 exam. On basis of the Global Practice
Analysis market research study PMI produced number of new trends which
were not in previous PMP exam. So this blog aims to provide information for
the preparation of PMP 2021 on basis of new changes.

3. So as per new PMP certification exam that
has started from January 2021 following
are new domains as
 . People-
 These can be also termed as human process. It actually tests the candidate
for the skills required for best project manager. These domains emphasize to
generate good leads as per demand of higher management or stakeholders.

4. Process-
 Process involves establishing a communications standard for stakeholders, planning
budget and resources, managing project milestones and overall schedule,
following change management practices, determining appropriate methodologies,
and objectives. People being domain 2 comprises portion of major 50 %. Process
involves 17 tasks as Execute project with the urgency required to deliver business
value, Manage communications, Assess and manage risks, Engage stakeholders,
Plan and manage budget and resources, Plan and manage schedule, Plan and
manage quality of products/deliverables, Plan and manage scope, Integrate
project planning activities, Manage project changes, Plan and manage
procurement, Manage project artifacts, Determine appropriate project
methodology/methods and practices, Establish project governance structure,
Manage project issues, Ensure knowledge transfer for project continuity, Plan and
manage project/phase closure or transitions.

5. . Business Environment-
 It involves using of business strategies for the project. It is actually delivering
successful project within deadline with respect to limited resources and set
budget. It comprise of 8% of portion. It has four tasks as Plan and manages
project compliance, Evaluate and delivers project benefits and value,
Evaluate and address external business environment changes for impact on
scope and Support organizational change.

6. PMBOK-
 The latest edition for PMBOK is PMBOK7 which follows principle oriented
approach than process oriented approach unlike that of PMBOK6. PMBOK6 was
based on 10 knowledge areas like Integration, Scope, Schedule, Cost, Quality,
Resource, Communications, Risk, Procurement and Stakeholder. On the other
hand PMBOK7 is based on 8 performance domains as Team, Stakeholders, Life
cycle, Planning, Navigating uncertainty, Delivery, Performance and Project
work.

7. Two fundamental aspects of changes in
PMBOK7 are -
 a. Value Delivery System-
 A system that collaborates to provide value to the customer is value delivery
system. It is choosing best business strategies to achieve objectives by taking
initiatives for product deliveries increasing capabilities of organization
leading best outcomes benefiting customers by turning it into business values
of organization.

8. b. Project Delivery Principles-
 1. Success – Project is expected to be successful.
 2. Project Manager- Best project manager is required to lead the project.
 3. Commitment- Everyone involved in project is expected to give their best.
 4. Structure- Project should be completed in deadline with respect to
resource and budget.