PMP Exam Preparation Session 1 of 3:

The Initiating and Planning Processes

Your Course Tuition Entitles You to...

• Comprehensive course materials related to this session

• Morning and afternoon refreshments

• Course Completion Certificate awarding six(6) Continuing Education Units

Session Content

Decipering the PMBOK® Guide structure

• Outlining the five process groups (Initiating, Planning, Executing, Monitoring and controlling, Closing)

• Defining and profile each of the nine knowledge areas

• Mapping the interrelationships of knowledge areas to process groups

Planning for the Exam

• Prepare for exam day

• Personalizing your study plan

Initiating the Project

• Project Selection Methods

• Define Scope

• Document Project Risks, Assumptions, and Constraints

• Identify and Perform Stakeholder Analysis

• Develop Project Charter

• Obtain Project Charter Approval

• Authorizing the project

• Key concepts beyond the PMBOK® Guide Guide
  Net Present Value (NPV)
  Internal Rate of Return (IRR)

Planning the Project

• Exam-relevant Tools and techniques
  AOA and AON methods
  PDM, ADM and CDM diagrams
  Analogous, parametric, bottom-up and computerized estimating techniques
  CPM, PERT and GERT activity sequencing
  Work breakdown structure (WBS)
  Qualitative and quantitative risk analysis including EMV
  Benefit/cost analysis
  Decision trees
  Make-or-buy
  Contract type selection
  Benchmarking
  Flowcharting
  Reserve analysis
  The cost of quality

• Significant inputs and outputs
  Activity lists and resource requirements
  Management plans for schedule, cost, risk and the project itself
  Historical information
  Expert judgement
  Recruitment practices
  Quality, risk response, communication and procurement management plans

• Important planning concepts
  Organizational theory
  Design of experiments Executing the Project

Practice Questions