Lessons learned towards becoming a Project Management Professional (PMP)® shared to us by Anjani Baswa, PMP.
"I can't believe it ! :)
The struggle is over after over 200 hours of study. Passed the exam on Dec. 19th - Proficient on Initiating, Planning, Executing and Moderately Proficient on Monitoring & Controlling and Closing.
My primary references were:
- A Guide to the Project Management Body of Knowledge (PMBOK® Guide)
- The PMP® Exam: How to Pass on Your First Try / Edition 5 by Andy Crowe
- Achieve PMP® Exam Success, 5th Edition: Guide for the Busy Project Manager
- PM PrepCast
- RMC, 5th edition (old one that I borrowed from my friend)
Studied the PMBOK® Guide and heard all the lessons on PrepCast early Jan the first time, then I got so busy at a very high profile project at work that I couldn't get back to it until Oct..."
Read more here: https://www.project-management-prepcast.com/kunena/pmp-exam-lessons-learned/5260-passed-the-pmp-on-dec-19th-on-first-try
Don't try and take the Project Management Professional (PMP)® exam immediately after exam your PMP® exam prep class. Similarly, don't wait for months either. The right moment is usually between 2-5 weeks after you finish your class. A good PMP® Exam preparation course provider will tell you to do more reading and practice exam questions. They should also direct you to training products specifically designed for the purpose. Additional, on-line or software based training products with training materials that provide you with your 35 contact hours of project management training plus the exam preparation materials that get you ready to pass the exam can even be considered.
Relax. Project Management Institute (PMI)® does not want you to fail the exam. But they also don't make it easy. PMI® primarily wants to ensure that you have grasped the best practices captured in A Guide to the Project Management Body of Knowledge (PMBOK® Guide) so they fine tune their exam to ensure an acceptable pass ratio.
There are still a few formulas to be learned (mainly in the cost management area). Some students report that they saw no formula based questions at all on their exams and others say that they were really, really glad that they had studied the formulas so in-depth. You should therefore learn the formulas and their applications.
Don’t hesitate to go back and change the answer to a previous question. You will encounter the situation where answering one question provides you with further insight into a previous question.
Study hard, read a lot and practice many simulated exams until you ace every single one will help you pass your PMP® Exam.
Which of the following are the most commonly used performance measures for evaluating whether or not work is being accomplished as planned at any given point of time?
A. PV & AC
B. CV & SV
C. SPI, EV & AC
D. AC, EV & PV
HINT: Performance is usually measured in terms of variance from planned values.
All our questions are updated to the latest A Guide to the Project Management Body of Knowledge (PMBOK® Guide) standard. Stop by at http://www.pm-prepcast.com/freesimulator and try the PMP® Exam Simulator free for 3 days. We also offer 110 free questions at http://www.free-pm-exam-questions.com. We are a Project Management Institute (PMI)® Registered Education Provider.
Answer and Explanation:
The correct answer is B.
Performance is usually measured in terms of variance from planned values. CV (Cost Variance) and SV (Schedule Variance) are two most commonly used performance indicators.
Are you ready for the Project Management Professional (PMP)® exam? We have more than 50 articles that will be able to help you in preparing for the exam. These articles talk about the common PMP® exam concepts like Opportunity Cost, Lessons Learned Management Techniques and more.
Read the articles here: https://www.project-management-prepcast.com/free/pmp-exam/articles
Lessons learned towards becoming a Project Management Professional (PMP)® shared to us by Thian Fernandes, PMP.
"It is almost a year since I registered to write the PMP® exam. If it wasn’t for the 1 year deadline, I am not sure I would have ever taken the exam! In case you’re wondering, I didn’t study for a whole year and my journey was a very stop-start one. However, I am happy to say I have passed with 4 Proficient and 1 Moderately Proficient.
I think it is worth mentioning my context as I learnt that I was quite unrealistic in thinking I could stick to a study plan. When I registered for the exam, I was working on average 10 hours a day, I had a 10 month-old baby that demanded all of my free time, a husband who worked almost every waking hour including weekends and no one that I could rely on consistently to look after my daughter on weekends. As such, I didn’t do much studying from February to September after which my situation changed quite drastically. My husband and I packed up house and moved countries with our daughter and I found myself unemployed for 2 months. Luckily, we could hire a live-in domestic nanny and I had one whole month to dedicate to studying. Here is what I did to prepare for the exam:
February to July:
- PM PrepCast – I listened to these in the car on the way to work and managed to get through most of the knowledge areas but not any of the additional topics. I think it added a different dimension to my learning but I found that this method did not work well for me..."
Read more here: https://www.project-management-prepcast.com/kunena/pmp-exam-lessons-learned/5215-passed-pmp-2-dec-first-attempt