Friday, August 19, 2016

Top 10 Reasons and Value of PMP Certification

If you want to further your career in project management, you need to acquire certifications that will boost your credentials. Two certifications that are mostly sought after by project management professionals are Certified Associate in Project Management (CAPM) and Project Management Professional (PMP).

1. Will expose you to mainstream thinking on project management standards, techniques, best practices, and current trends.

2. You will learn great new tricks and techniques to assist you in your project management activities.

3. When hiring, many companies are now giving preference to project managers that are PMP certified.

4. It’s a formalized display of your professional ability.

5. If working for a consulting firm, your PMP credential may help your company win business, making you     more valuable to your firm.

6. Will provide networking opportunities with other PMPs.

7. Will impress your friends at cocktail parties.

8. Will provide potential teaching opportunities by teaching PMP classes to future PMP candidates.

9. Illustrates personal drive to further your credentials, knowledge, and professional abilities.

10. Helps to distinguish you from other project management professionals in this tough job market.

Tuesday, August 9, 2016

SAMPLE PMP QUESTIONS WITH ANSWERS

 1.  In which project management process group is the detailed project budget created?
     1. Initiating
     2. before the project management process
     3. Planning
     4. Executing
2.  Which of the following conflict resolution techniques will generate the MOST lasting solution?
      1. Forcing
      2. Smoothing
      3. Compromise
      4. Problem solving
3. The project management process groups are:
      1. Initiating, planning, expediting, and control.
      2. Plan, organize, develop, and control.
      3. Plan, do, observe, commit.
      4. Initiating, planning, executing, monitoring &controlling, and closing.
4. Which of the following is NOT an input to the initiating process group?
      1. Company processes
      2. The company culture
      3. Historical WBSs
      4. Project scope statement
5. Workarounds are determined during which risk management process?
      1. Identify Risks
      2. Perform Quantitative Risk Analysis
      3. Plan Risk Responses
      4. Control Risks
6. Quality is:
      1. Meeting and exceeding the customer's expectations.
      2. Adding extras to make the customer happy.
      3. The degree to which the inherent characteristics fulfill requirements.
      4. Conformance to management's objectives.
7. An output of administrative closure is the creation of:
      1. Project archives.
      2. A project charter.
      3. A project management plan.
      4. A risk analysis plan.
8. A temporary endeavor undertaken to create a new product or service is called a:
       1. New product development.
       2. Project.
       3. Program.
       4. Enterprise.
9.  A group of related projects that are managed in a coordinated way that usually include an element of ongoing activity is called a:
        1. Major project.
        2. Project office.
        3. Program.
        4. Group of projects.
10. Configuration management plan is:
         1. Used to ensure that the description of the project product is correct and complete.
         2. The creation of the work breakdown structure.
         3. The set of procedures developed to control changes.
         4. A mechanism to track budget and schedule variances.


Monday, August 1, 2016

TOP PMP TRAINING INSITUTES IN CHENNAI



Nishtha Institute of Training and Education

Address: 127, Habibullah Road, T. Nagar, Opposite Ramarao Kala Mantap,
Chennai, Tamil Nadu 600017
Phone: 9677077910

International Institute of Project Managements

Address: No. 24, Dhandapani Street, T. Nagar, Burkit Rd, T Nagar,
Chennai, Tamil Nadu 600017
Phone: 99307 68849

Catalysts

Address: 4/6, Tripura Apartments, Giri Road, T.Nagar,
Chennai, Tamil Nadu 600017
Phone: 096000 62201

SKilLogic ITIL and Prince2 Training in Chennai

Address: 51, Nelson Manickam Rd, Rajaram Mehta Nagar, Aminjikarai,
Chennai, Tamil Nadu 600029
Phone: 044 3083 3550

Adept Technology Pvt Ltd

Address: New No. 80, IIIrd Floor, opp chola sheraton), Cathedral Rd,
Chennai, Tamil Nadu 600086
Phone: 044 2811 9060

Management Scholars Academy

Address: 48 B Mangalam Apartments, PS Siva swami Road, Mylapore, Balasubramaniam St, Nagarathinam

Colony, Sullivan Garden, Mylapore, Chennai, Tamil Nadu 600004
Phone: 098407 57994

Dreams plus Consulting Pvt Ltd

Address: New No-75, 1st Floor, Burkit Road, T. Nagar, Chennai, Tamil Nadu 600017
Phone: 044 2432 2519

Wednesday, July 27, 2016

5 REASONS AND SOLUTIONS TO CLEAR THE PMP EXAM AT 1ST ATTEMPT



REASON 1: More often than not, candidates tend to go for the exam with the feeling: “Oh! The PMP exam will be a cakewalk for me, the Senior Project Manager, with 7 years of experience in project cracking.” And subsequently, do not study properly.
SOLUTION: Make a study plan that you can stick to. Begin with reading the PMBOK Guide at least twice, cover-to-cover, before you appear for the exam. The guide hasn’t been the Bible for PMP aspirants for decades for no reason. READ IT! It will give you both, practical and theoretical knowledge, to crack the exam.

REASON 2: Very often PMP exam takers fail to refer to proper study material while preparing for the exam.
SOLUTION: Take a lot of sample tests. Keep a good PMP preparation workbook handy. Take an online course for specialized training.

REASON 3: The PMP exam is known to test candidates for attention to detail and tend to resort to verbose fluff to derail them from the real deal. Many candidates often miss crucial points while attempting the paper, which becomes a major reason of failure in the exam. Shedding more light on this, PMP expert Saket Bansal says: Candidates do not read the test paper carefully: They look at the given options and if they think option 1 or 2 is right, they skip the other options. This can prove fatal.
SOLUTION: Break the verbal web. Read. And Re-Read. This is the best way to eliminate confusion. By re-reading all questions, especially the ones that contain negative words such as “not” “least” or “except”, you will not miss out on anything crucial. Check again if doubt persists. Look for important pointers – “all”, “most”, “some”, “none” and other keywords like input, output, tools and project management. The PMI gives you ample time to complete the test.

REASON 4: Terminology failure is said to have plagued PMP aspirants for ages now. Candidates often lose vital points by confusing similar sounding terms or replacing one with the other.
SOLUTION: Precision is the key here. You may not be accurate but being precise is of utmost importance in the PMP exam. Understand notation, use of words and difference between similar terms. Understand that the Project Team is different from the Project Management Team just as plan is different from baseline.

REASON 5: Experts, over decades, have booed the lack of strategy as a major kill-bill in the PMP certification exam. The takers, more often than not, are professionals with a job which takes up most of their time and energy. This, coupled with the confidence (or over-confidence) in their own professional smartness, tends to blur their understanding for the need of a proper strategy to clear the PMP exam.
SOLUTION: Win the PMP battle with a proper strategy. Prepare a SWOT analysis. Understand your Strength, Weakness, Opportunity and Threat. Take on one challenge at a time and prepare accordingly. The race here is not to be swift but to the precise.

Thursday, July 21, 2016

TOP 10 TIPS AND TRICKS TO CRACK THE PMP EXAM


Earning the Project Management Professional (PMP) ® certification demonstrates experience in project management and the ability to add value to organizations through use of project management skills. One barrier to earning the PMP certification is the difficulty of the exam.
In this post, we will share tips and tricks for passing the certification exam.

1. Make sure you are qualified to take the PMP exam:

    PMI’s requirements to take the PMP exam include:
  •   a secondary degree (high school diploma or global equivalent) with at least five years of project management experience and 7,500 documented hours spent leading projects, plus 35 contact hours in project management education, or:
  •  a four-year degree (bachelor’s or global equivalent) with at least three years of project management experience and 4,500 documented hours spent leading projects, plus 35 contact hours in project management education.
If you fall short on some of these but need to boost your credentials to land a project management position, you might consider earning the Certified Associate in Project Management (CAPM) certification.
If you are qualified but still need additional guidance getting ready, consider the tips below.


2. Create a “brain dump”:

    A “brain dump” should include all of the formulas, lists of items, and other concepts that you struggle with. Create this before the exam and update it as you study so you can become familiar with these before the exam. When the exam day arrives, put this information on your scrap paper and then you will not have to worry about forgetting it. For a list of items to consider studying for your “brain dump,” access our “Brain Dump Candidates” file on the Knowledge Base.

3. Seek support where possible :

      The PMP certification exam is a difficult test and many candidates do not pass on their first try. Books, support groups, and boot camps are some of the ways you can help yourself pass. Look for more information about our public training courses related to the PMP exam on our PMP training page.

4. Practice taking the exam :

      Many books include practice exams, and some others are available online or through the boot camps. It is a good idea to take a practice exam after doing a full read-through of the PMBOK® Guide in order to test your absorption of the concepts. Full mock exams should also help you identify your areas of improvement. Throughout your study, continually take different mock exams to become more familiar with the material and more confident about your test-taking strategy. If you can consistently score 85 percent in practice exams, then you should feel confident about the real exam.

5. Keep track of your confidence level when answering practice questions.

    Another important metric, in addition to overall exam score and proficiency in each area, is how confident you feel about each question you answer. While taking mock exams, keep some time to record how confident you felt about each question after answering it but before moving to the next. This information can be very helpful in guiding your study and gauging exam success.

6. Develop a “tiered” testing strategy :

    Another way to think of this is to take on the test in rounds. On your first pass, consider spending no more than ten seconds on a question, and mark it if you are not confident about the answer. Also on your first pass, do any question that requires the use of a formula, which should be easier if you have them written down on your scrap. This first pass allows you to get through the entire exam quickly and have more time to focus on the questions that are giving you trouble. On your second pass, give yourself a minute; on the third, five minutes. Giving yourself this time allows you to employ other test-taking strategies, including the last few tips:

7. Eliminate weak answers :

    When trying to answer a particular question, aim to eliminate as many answers as you can. If you can reduce the question to a 50/50 by eliminating two answers, then you have a strong chance of getting the question right. For example, if a question asks you to identify an input that goes with a certain process, you can eliminate any answers that are tools and techniques.

8. Do not leave any question unanswered :

      PMI does not offer partial credit for unanswered questions like many other exams do. In other words, there is no penalty for guessing on a question that has absolutely stumped you. If you cannot eliminate any weak answers, then your chance of getting the question right is 25 percent. Leaving a question blank guarantees 100 percent that you get it wrong.

9. Take plenty of breaks during study :

     In the early going, it is a good idea to hit only one chapter per study session. This will allow you to cover the entire PMBOK® Guide in less than two weeks and take a mock exam to see where your areas for improvement are located. You can then focus on these areas in the next sessions.

10. Relax on the night before the exam :

     Because the PMI exams are high-stress events, it is important to get plenty of good rest on the night before the exam. Going into the exam refreshed may help you retain more of what you studied and give you more confidence going into the exam.

   We hope you find these tips helpful as you study for your PMP exam, and we wish you the best of luck!



Role of Project Management in Today’s Business Environment

Project management is about being controlled from the start of the job to the end. Efficient and effective teams with a leader that can encourage cooperation and motivate to get outcome as all are working toward the same goal. It is in everyone’s best attention to work together to the works success.

Project management is appropriate to many businesses and organizations. Some basic industries that use project management include Information technology, telecommunication, construction, software development, banking, manufacturing, professional engineering and architecture, computers. PMP Training  is important because tough budgets, reducing resources, limited time constraints, and competition to improve the methods we do business in the competitive environment. The great ability of project management makes it possible to focus on priorities, track and measure performance, overcome challenges and issues, become flexible enough to adjust to change and reach higher performance and a higher probability of success in each and every project.

The challenges of project management most especially the high hopes from senior management combined with little or no hierarchical permission are powerful, but project managers can influence the entire path of an organization. Project management is very important in today's business environment when one considers the repercussions of the lack of good project management or when project management is not successful applied to projects. Here are some of the repercussions that can be experienced with the lack of or poor project management week communication, missed deadlines, cost overruns, week workmanship, Misunderstandings, redoing work to correct mistakes, unclear directions for the project, constant changes in project scope, forgotten key tasks, week morale of team, duplication of effort, Bad weather, weekly defined goals and objectives etc.

Saturday, July 16, 2016

Value Of PMP Certification

The value and importance of the PMP Training certification is a hotly debated topic within the project management community. One end of the spectrum vigorously defends the credential as the defining standard for competence, PMP whereas the other end views it as a meaningless exercise signifying nothing more than rote memorization. Many fall somewhere in the middle, seeing it as a necessary evil that hopefully yields some advantage to their marketability.
The study reports the valuation of the PMP Training certification by IT Recruiters and corporate IT Executives, as well as a statistical evaluation of the PMP as an indicator of project success.

Survey Says

Valuation of the PMP Training: Of the 15 core competencies surveyed, the PMP certification was ranked #11 by IT recruiters, and #15 by IT Executives (that’s right-dead last!) Shown below are percentages of IT Executives rating of “Important” or “Extremely Important” for each competency.
1. Leadership 95%
2. Ability to Communicate at Multiple Levels 94%
3. Verbal Skills 87% 
4. Written Skills 87%
5. Attitude 85%
6. Ability to Deal With Ambiguity and Change 83%
7. Work History 69%
8. Experience 67%
9. Ability to Escalate 66%
10. Cultural Fit 57%
11. Technical Expertise 46%
12. Education 38%
13. Length of Prior Engagements 23%
14. Past Team Size 18%
15. PMP Training Certification 15%
PMP as Indicator of "Project Success": There was no statistically significant difference in the reported success rates for projects led by certified vs. non-certified project managers when considered across 5 Success Criteria:
Cost/Within Budget
On Schedule
Quality/Met Technical Specifications
Quality/Met Client Business Requirements
Client/User Satisfaction