The document outlines key concepts in project management, detailing the definitions, processes, and the importance of certifications like CAPM, PMP, and PgMP. It highlights the success rates of projects that utilize modern project management techniques and the challenges faced by project managers. Additionally, it provides information on the Project Management Institute (PMI) and opportunities for professional development and credential maintenance.

1. Project Management

2. AgendaDefinitionsProject Management Career DevelopmentA Credentials RoadmapMaintaining CredentialsProject Management Learning Beyond Certifications and Credentials

3. What is a ‘project?’A short term undertaking to create a unique, one of a kind product or serviceHas a definite beginning and an end – an undertaking with a limited durationHas specific goalsProjects are a means by which organizations implement their strategies

4. What is ‘Project Management?’PM is the application of knowledge, skills, tools, and techniques to project activities to meet project requirementsPM involves:Planning resourcesOrganizing resourcesManaging resourcesPM’s goal is to complete projects On-timeOn-budgetMeet customer deliverables

5. Project FailureThe Standish Report:Only32%of projects worldwide are succeeding in achieving budget, schedule, and quality objectives of the project. There is a 75%success rate for projects that employ modern project management concepts, tools & techniques. CIO.com cites a Dynamic Markets survey of 800 IT managers:62% of IT projects fail to meet their schedules49% suffered budget overruns 25% of all IT projects get canceled before completion“The Project Managers are inadequately prepared in the art of project management.”

6. Project Management InstituteNot-For-Profit Professional Association PMI administers a globally respected professional credential program that promotes professional development in project, program and portfolio management. Developed processes and knowledge areas (standards)to create a common language and approach across industries for the practice of project management profession

7. PMBOK Guide"Project Management Body of Knowledge (PMBOK Guide)“ – a globally recognized standard for managing projects in today's marketplaceFive processes as well as nine knowledge areas.

8. Project Management Process Groups (phases of a project)

9. PM’s Nine Knowledge Areas

10. Knowledge Areas – More Details

11. ….Knowledge Areas

12. Important Players

13. Certification and CredentialsPMI’s family of credentials is based on PMBOK®

14. Certified Associate in Project Management (CAPM)Target Candidates:Those who need to serve as subject matter experts, team members, project sponsors, facilitators, liaisons or coordinators, or just starting a career in PM.Upon Completion:A CAPM is recognized as having the understanding of the fundamental knowledge, processes, and terminology as defined in the PMBOK Guide that are needed for effective project management performance.Value:CAPM individuals enjoy a high level of credibility from PMP credential holders, project managers, employers and peers.Globally recognized and demanded.

15. Project Management Professional (PMP)Target Candidates:Those who need to lead and direct project teams to deliver projects within the schedule, budget, and scope constraints. Upon Completion:A PMP is recognized for the competence to perform in the role of a project manager, specifically experience in leading and directing projects and project teams to achieve successful project results.Value:The demand for skilled project managers is at a critically urgent level.Globally recognized and demanded.

16. Program Management Professional (PgMP)Target Candidates:Those who manage programs that contain complex activities that span functions, organizations, geographic and cultures.Upon Completion:Can ensure the ultimate success of the programModify programs and make decisions that advance strategic and business objectivesDefine and initiates projects and assign project managersOversee multiple projectsValue:A PgMP has credentials to connect projects to business results

17. Summary of Certifications

18. PMI Risk Management Professional (PMI-RPM)Target Candidates:Those responsible for identifying project risks and preparing mitigation plans.Upon Completion:A PMI-RPM has more competence in the specialized area of assessing and identifying project risks while mitigating threats and capitalizing on opportunities. Value:Employers acknowledge the individual’s unique expertise on the project team while demonstrating the recognition and value the role provides to the project. Maintenance:30 PDUs in risk management over three yearsOthers:BA, 3,000 hours in “RMP” related experience within the last 5 years, 30 hrsedu

19. PMI Scheduling Professional (PMI-SP)Target Candidates:Those responsible for creating and maintaining the project schedule.Upon Completion:A PMI-SP has more competence in the specialized area of developing and maintaining the project schedule than a general practitioner and yet, also maintains a basic level of competence in all areas of project management. Value:Employers can trust credential holders to possess the skills, knowledge and experience to contribute directly to their crucial projects.Maintenance:30 PDUs in project scheduling over three yearsOthers:BA, 3,500 hours in “SP” related experience within the last 5 years, 30 hrsedu

20. Opportunities to Earn PDUsEnroll in project management programs/coursesAttend or lead seminars and eventsPost articles to PMI’s Knowledge ShelfVolunteer your project management servicesPerform professional activitiesConduct research and study

21. Available Education at New Horizons Baltimore

22. Available Education at New Horizons Baltimore

23. Available Education at New Horizons Baltimore

24. Contact InformationNew Horizons Computer Learning Center Linda Betzel410-597-9722, x 100 Get.Certified@NHBaltimore.comPM Certification/CredentialsProject Management Institute (PMI®)www.pmi.orgClick on “Career Development” and then “Certification and Credentials”