PMI-SP course outline - PMI Scheduling Professional Updated: 2024 | ||||||||||||||||||||||||||||||||||||||||||||||||
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Exam Code: PMI-SP PMI Scheduling Professional course outline January 2024 by Killexams.com team | ||||||||||||||||||||||||||||||||||||||||||||||||
PMI-SP PMI Scheduling Professional The Project Management Institute (PMI) ® offers a professional credential for project schedulers, known as the PMI Scheduling Professional (PMI-SP)®. PMIs professional credentialing examination development processes stand apart from other project management certification examination development practices. PMI aligns its process with certification industry best practices, such as those found in the Standards for Educational and Psychological Testing. Although many of the domains, tasks, knowledge, and skills outlined by the PMI-SP Examination Content Outline are also covered by the Practice Standard for Scheduling and PMBOK® Guide, there are some that are unique to the PMI-SP Examination Content Outline. Candidates studying for the examination will certainly want to include the current edition of the Practice Standard for Scheduling and PMBOK® Guide as two of their references, and would be well advised to read other current titles on project scheduling. Schedule Strategy 14% Schedule Planning and Development 31% Schedule Monitoring and Controlling 35% Schedule Closeout 6% Stakeholder Communications Management 14% Total 100% Domain 1: Schedule Strategy (14% of examination) Task 1 Establish project schedule configuration management policies and procedures incorporating best practices, regulations, governing standards and organization policies, and procedures to ensure accessibility, storage, retrieval, maintenance, change control, and baseline schedule control. Task 2 Develop schedule approach, based on the unique characteristics of the project, including enterprise environmental factors and organizational process assets, in order to define schedule requirements. Task 3 Establish scheduling policies and procedures regarding methodology, selection of a scheduling tool, scheduling parameters, performance thresholds, activity granularity, presentation format, earned value management (EVM) implementation, analysis techniques, and approval requirements by using resources such as organizational process assets and project documents in order to develop the schedule management plan and standardize operational procedures. Task 4 Develop the scheduling-related components for project management plans (for example, integration, scope, cost, quality, resources, communication, risk, and procurement management), through review of contract requirements, in order to integrate scheduling activities into the overall project management process. Task 5 Provide information about project scheduling objectives and goals, the role of the scheduler, and scheduling procedures to project team members to facilitate effective participation in the project. Knowledge and Skills: Applicable contract requirements, regulations, and governing standards Schedule control processes (for example, baseline control, status update procedure, variance thresholds) Scheduling development concepts (for examples, coding, work breakdown structures, organizational breakdown structure, resource breakdown structures) Project charter Domain 2: Schedule Planning and Development (31% of examination) Task 1 Develop the work breakdown structure (WBS), organizational breakdown structure (OBS), control accounts (CA), and work packages through communication with subject matter experts and stakeholders and analysis of the contractual commitments in order to ensure completion of the project scope. Task 2 Define activities and milestones through communication with subject matter experts, decomposition, and application of scheduling policies and procedures to identify and document the work to be performed. Task 3 Estimate activity durations, utilizing subject matter experts and scheduling techniques such as three-point estimate, parametric, analogous and/or Program Evaluation and Review Technique (PERT) in order to develop an overall schedule model. Task 4 Sequence activities, incorporating defined dependencies (internal, external, and cross programs) milestones, and constraints (for example, calendars, geography, contracts), in order to develop a logical, dynamic schedule model. Task 5 Identify critical and near-critical path(s) using techniques such as Critical Path Method, Critical Chain, Program Evaluation and Review Technique (PERT), and Monte Carlo simulation in order to meet project delivery date requirements. Task 6 Develop the project resource breakdown structure (RBS), determine resource availability, and assign resources to activities by working with functional managers, project managers, and project team members in order to define the resource constrained schedule. Task 7 Adjust schedule model based upon resource availability, available budget, and other known constraints in order to calculate the resource constrained schedule. Task 8 Align schedule with the overall program plan or integrated master plan (IMP), through review of enterprise objectives and contract documentation, in order to ensure accomplishment of overall program objectives. Task 9 Analyze major milestones against statement of work (SOW), the contract, and/or memorandum of understanding, to assess whether schedule model delivery estimates meet required deadlines. Task 10 Perform schedule risk analysis using quantitative tools or techniques (for example, what-if scenarios, Monte Carlo simulation) in order to determine if project milestone dates are achievable within acceptable risk tolerances. Task 11 Obtain a consensus of the project customer, sponsor, project manager, and project team members, in order to establish an approved baseline schedule. Task 12 Establish the Performance Measurement Baseline (PMB), using organizational processes and standard techniques, in order to enable performance measurement and management. Knowledge and Skills: Scope statements, including deliverables and deadlines Work breakdown structure (WBS) Organizational breakdown structure (OBS) Resource breakdown structure (RBS) Cost structure as related to schedule development Activity definition Activity execution techniques (duration/time, effort/work) Dependency relationship types (Finish to Start, Start to Finish, Finish to Finish, Start to Start) Leads and lags Prioritization within the schedule model Resource groups Resource calendars Resource allocation techniques Activity Network Diagram (AND) Precedence Diagramming Method (PDM) Capacity requirements/resource requirements Contingency reserve or buffer (funds, budget, or time) Cost and schedule integration Schedule baselining Performance Measurement Baseline (PMB) Inter-project Dependencies Milestone definition Schedule model components Schedule risk-assessment techniques (for example, Monte Carlo simulation, PERT) Domain 3: Schedule Monitoring and Controlling (35% of examination) Task 1 Collect activity status at defined intervals from activity owners via reports, meetings, inspections, or other standard procedures in order to update and review the project progress. Task 2 Collect resource information and updates via reports, timesheets, meetings, inspections, or other standard procedures in order to report on resource utilization and availability. Task 3 Perform schedule analysis and audit, on in-house and subcontractor schedules, using industry standards, guidelines and best practices in order to identify and report project schedule, status, changes, impacts or issues. Task 4 Identify alternative project execution options, using tools and techniques such as what-if scenario analyses, in order to optimize the schedule. Task 5 Incorporate approved risk mitigation activities into the schedule, by utilizing defined change control processes, in order to establish a new performance measurement baseline (PMB). Task 6 Update the schedule model and document schedule baseline changes, received through formal change-control processes, in order to maintain an accurate schedule and facilitate forensic schedule analysis, if required. Knowledge and Skills: Progress measurement techniques (for example, percent complete, actual/remaining duration, estimate to complete) Industry standards, guidelines, and best practices with respect to activity status update frequency, format, and content Metrics to monitor, analyze, and control the schedule Cost and schedule reserve analysis Activity prioritization Available data, logical data organization/relationships within data elements Electronic file storage and retrieval standards Resource breakdown structure (RBS) Resource calendars Resource groups Resource allocation techniques Schedule risk analysis Project schedule change control Reserve analysis Knowledge of ongoing audit analysis Activity Network Diagram (AND) Precedence Diagramming Method (PDM) Schedule risk assessment techniques (for example, Monte Carlo simulation, Program and Evaluation Review Technique [PERT]) Schedule and cost variance management Domain 4: Schedule Closeout (6% of examination) Task 1 Obtain final acceptance of the contractual schedule components, by working with sponsor and/or customer, in order to facilitate project closeout. Task 2 Evaluate final schedule performance against baseline schedule, scheduling approach and the implementation, using standard scheduling tools and techniques, including solicitation of feedback from stakeholders, in order to identify lessons learned and develop best practices. Task 3 Update the organizational process assets, through documentation of identified lessons learned and best practices, in order to Boost business processes. Task 4 Distribute final schedule reports, including earned value management (EVM) calculations and variance analysis, to stakeholders in order to facilitate project closeout. Task 5 Archive schedule files (for example, final schedule model, schedule management plan, periodic status reports, schedule change log), as per defined procedures in order to satisfy contractual requirements and prepare for potential forensic schedule analysis. Knowledge and Skills: Contractual schedule components Schedule close-out procedures Feedback techniques Schedule review techniques Schedule issue management Transition planning Domain 5: Stakeholder Communications Management (14% of examination) Task 1 Develop and foster relationships with project stakeholders, consistent with the communication management plan, in order to enhance support for the project schedule. Task 2 Generate and maintain visibility of project schedule, by working with the project manager and/or stakeholders, in order to maintain stakeholder support. Task 3 Provide senior management and other stakeholders with verbal and written schedule status updates and impact on schedule of corrective actions, as defined by the communication management plan, in order to maintain stakeholder awareness. Task 4 Communicate schedule issues that could impact delivery of project scope or adherence to the schedule management plan, in order to elevate awareness to relevant stakeholders. Knowledge and Skills: Targeting communications to senior management Methods and techniques used to maintain visibility of project schedule Elements of the communication management plan Oral and written communication tools and techniques Targeting communications to intended audience Presentation tools and techniques Negotiation Facilitation Cultural sensitivity and diversity Conflict resolution Project life cycle Stakeholder-impact analysis Change management/control Scheduling terminology Organizational process assets Project management software Project management information systems Schedule documentation and reporting techniques Scheduling data management procedures (for example, archiving, storage, retrieval) Estimation techniques (for example, analogy based estimation, parametric estimation, historical data, expert estimation) Scheduling methods (for example, critical path method, critical chain, linear, agile) Scheduling techniques (for example, resource leveling, schedule compression, simulation) Earned Value Management (EVM) Gantt Charts Quantitative and qualitative schedule analysis (for example, schedule performance index, baseline execution index, float analysis) Problem-solving tools and techniques Contract schedule requirements | ||||||||||||||||||||||||||||||||||||||||||||||||
PMI Scheduling Professional PMI Professional course outline | ||||||||||||||||||||||||||||||||||||||||||||||||
Other PMI examsPgMP PgMPPMBOK-5th Project Management 5th Edition PMI-001 Project Management Professional - PMP (PMBOK 6th Edition) CAPM Certified Associate in Project Management (CAPM) - 2023 PMI-100 Certified Associate in Project PMI-200 PMI-Agile Certified Practitioner (PMI-ACP) PMI-ACP PMI Agile Certified Practitioner PMI-RMP PMI Risk Management Professional PMI-SP PMI Scheduling Professional PMP Project Management Professional - PMP (PMBOK 6th Edition) PMP-Bundle PMI-001 PMBOK v5(Video Training, Study Guides, QA) Complete Certification Pack PMI-002 Certified Associate in Project Management (CAPM) PPM-001 Professional in Project Management(PPM) CCE-CCC Certified Cost Consultant / Cost Engineer (AACE International) PMI-PBA PMI Professional in Business Analysis PfMP Portfolio Management Professional (PfMP) | ||||||||||||||||||||||||||||||||||||||||||||||||
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PMI PMI-SP PMI Scheduling Professional https://killexams.com/pass4sure/exam-detail/PMI-SP Question: 311 A company hires a scheduler for one of its projects. What skills should he possess to efficiently work with the project team? Each correct answer represents a complete solution. Choose three. A. Performance control B. Execution scheduling C. Leadership D. Feasibility planning Answer: D, B, A Explanation: A scheduler schedules the constraints for the project into phases with respect to the time and resources available. He can be hired from outside a company, or from within a company. The basic roles of a scheduler are as follows: Feasibility Planning: A scheduler is the time management expert who paints a picture of the project. He develops a strategy for delivery and to gain consensus. Execution Schedule: A scheduler works with the project team to optimize and refine the schedule until an agreed schedule has been developed. Performance Control: A schedule is maintained by the scheduler who optimizes outcomes and instructs the project team on their presentation. It is important that the scheduler be aware of the changes and trends related to the project delivery. Answer option C is incorrect. This is the skill possessed by the project manager. Question: 312 Which of the following is NOT an output of the control schedule process? A. Organizational process assets B. Change requests C. Project termination request D. Project document updates Answer: C Explanation: The project termination request is not an output of the control schedule. Early termination of a project is a closing process and usually does not stem from the project manager. The outputs of the control schedule process are as follows: Work Performance Measurements: The work packages and control accounts are documented and communicated to the stakeholders. Organizational Process Assets Updates: The assets that are updated are: corrective actions chosen and the reasons, causes of variance, and other types of lessons learned from project schedule control. Change Requests: It is processed for reviews and disposition through the 209 Perform Integrated Change Control process. Project Management Plan Updates: The elements that need to be updated are: schedule baseline, schedule management plan, cost baseline. Project Document Updates: The elements that need to be updated in project document updates are: schedule data and project schedule. Question: 313 You are the project manager of the NHQ project. This project is scheduled to last for six months and will require $345,000 to complete. If the project completes earlier than scheduled, your organization will receive a bonus of $5,000 per day for the early completion. Management has asked you to develop an aggressive schedule to realize as much of the bonus as possible, but you must be careful not to increase project risk beyond an acceptable level of risk exposure. Which of the following approaches is most likely to increase project risk? A. Using the critical chain method B. Crashing C. Adding leads to the project work D. Fast tracking Answer: D Explanation: Fast tracking allows entire phases of the project to overlap and this action does increase risks. This is an approach that you would want to avoid in your project. Answer option B is incorrect. Crashing adds labor to the project and typically drives project costs. Answer option A is incorrect. The critical chain method considers the availability of project resources as part of its network diagramming technique. Answer option C is incorrect. Lead time allows project activities to overlap and may introduce project risks, but not to the extent of using fast tracking. Question: 314 You are the project manager of the GHY Project. This project is scheduled to last for one year and has a BAC of $4,500,000. You are currently 45 percent complete with this project, though you are supposed to be at your second milestone, which accounts for half of the project completion. There have been some errors in the project, which has caused you to spend $2,073,654. What is this project's planned value? A. $2,025,000 B. There is not enough information to know C. $4,500,000 D. $2,250,000 210 Answer: D Explanation: The planned value is the worth of the project if it were on time. In this instance, the project should be 50 percent complete, so the planned value is half of the project budget - $2,250,000. Planned value (PV) is the authorized budget assigned to the schedule work to be accomplished for a schedule activity or work breakdown structure component. It serves as a baseline against which genuine performance is measured. The theory of planned value is of vital importance to the project management team and it is important to keep careful track of this. The term planned value can also be in some situations referred to by the project management team and the project management team leader as the budgeted cost of work scheduled (BCWS). Answer option C is incorrect. This is the budget at completion. Answer option A is incorrect. This is the earned value for the project. Answer option B is incorrect. There is enough information to know. Question: 315 You are the project manager for your organization. You want to record some details about the work that the project team has to complete. You want to document the level of effort, where the work is to be performed, and the person who will be responsible for completing the work. Which of the following is the best place to document this information? A. Activity attributes B. Project management plan C. Schedule Management Plan D. Roles and Responsibilities Matrix Answer: A Explanation: The activity attributes initially include the Activity ID, WBS ID, and the Activity Name, but it can evolve over time to include other components about the work. Activity attributes are an output of the Define Activity process. These attributes refer to the multiple components that frame up an activity. The components for each activity during the early stages of the project are the Activity ID, WBS ID, and Activity name. At the later stages, the activity attributes include Activity codes, Predecessor activity, activity description, logical relationship, successor activity, leads and lags, imposed dates, and constraints and assumptions. Activity attributes are used for schedule development and for ordering, selecting, and sorting the planned schedule activities in a number of ways within reports. Answer option B is incorrect. A project management plan is a formal document that defines how the project is being monitored, controlled, and executed. It is not the best answer. Answer option D is incorrect. The roles and responsibilities matrix records the work and the person to record the work, but does not offer additional information such as locale for the work, level of effort, and other information. Answer option C is incorrect. The Schedule Management Plan defines how the schedule will be created, executed, and controlled. 211 Question: 316 Steve is the project manager for the POK Project. He is working with the project customers to determine how frequently they'd like to receive the project information. The customers would like weekly status reports on how the project is performing. Where should Steve document this information? A. Communications management plan B. Issues log C. Project schedule D. Schedule management plan Answer: A Explanation: The communications management plan defines who needs what information, when the information is needed, and the modality the information is expected in. Answer option C is incorrect. The project schedule could include project management activities such as schedule communication, but the communications management plan is the best answer as this information is absolutely documented in this plan. Answer option D is incorrect. The schedule management is not the best location for this information. Answer option B is incorrect. The request for customer communication is not an issue, so this choice is not the most appropriate. Question: 317 Jenny is the project manager for her organization. Her project is not doing well on project schedule performance, and management wants her to predict how the project schedule and cost will end. Management has asked Jenny to report and forecast her project's performance based on the Judgmental methods. Which of the following judgmental methods will Jenny use to accomplish the task? Each correct answer represents a complete solution. Choose all that apply. A. Forecast by analogy B. Technology forecasting C. Autoregressive moving average D. Scenario building Answer: D, B, A Explanation: The judgmental forecasting method incorporates intuitive judgments, opinions and subjective probability estimates. Some examples of judgmental forecasting are as follows: Composite forecasts Surveys Delphi method Scenario building Technology forecasting Forecast by analogy 212 Answer option C is incorrect. Autoregressive moving average is an example of the causal/econometric method. Question: 318 You work as a project manager for BlueWell Inc. You are creating the activity list for the project. The activity list is based on the work packages defined in the project's WBS. Activities provide a basis for all of the following information except for which one? A. Scope baseline B. Executing C. Scheduling D. Estimates Answer: A Explanation: The project's scope baseline is not derived or provided by the project's activity list. The scope baseline is made of the project's WBS, WBS Dictionary, and the Project Scope Statement. The activity list provides for estimating, scheduling, executing, and monitoring and controlling the project work. The scope baseline is an element of the project management plan. The contents of the scope baseline include the following: Project scope statement: It includes the product scope description and the project deliverables, and defines the product user acceptance criteria. WBS: It defines each deliverable and the decomposition of the deliverables into work packages. WBS dictionary: It contains the detailed description of work and technical documentation for each WBS element. Answer option D is incorrect. Estimates do provide a basis for creating time and cost estimates. Answer option B is incorrect. Activities are executed in the project. Answer option C is incorrect. Activities are scheduled as part of project planning. Question: 319 Tom is the project manager of the GHQ Project for his organization and he is working on recovering the project schedule. As Tom examines his schedule, he is especially aware of project activities with hard logic. What is hard logic? A. Hard logic describes activities that can be completed in any order but are positioned with finish-to-start relationships. B. Hard logic describes activities that have external constraints, such as a vendor. C. Hard logic describes activities that must be completed in a particular order unless additional resources with comparable skill sets can be added to the project. D. Hard logic describes activities that must be completed in a particular order. 213 Answer: D Explanation: Hard logic, also known as mandatory dependencies, describes activities that must be completed in a particular order. Hard logic is a binding connection between activities. It is also known as mandatory dependency or hard dependency. Hard logic requires activities to take place in a specific order according to the nature of work. It is a well-built connection where an activity cannot start until and unless a previous one is completed. There are also substantial hard logic connections where soft logic does not usually apply. Several activities rely on hard logic for the successful completion of the project. Answer options B, A, and C are incorrect. These are not a valid description of hard logic. Question: 320 You are the project manager for your organization. You are working with your project team to create the schedule baseline for your project. You will also be creating the schedule data for this project. The schedule data typically includes all of the following except for which one? A. Risk activities B. Schedule activities C. Activity attributes D. Schedule milestones Answer: A Explanation: Risk activities are not part of the schedule data. Risk is documented in the risk register, and monitored and controlled throughout the project. In some instances, risk may be part of the activity attributes. The schedule data includes the schedule milestones, schedule activities, activity attributes, and the assumptions and constraints. The schedule data includes the schedule activities, schedule milestones, activity attributes, and documentation of all known assumptions and constraints. The sum of additional data varies by application area. The schedule data commonly supplied as supporting details includes: Resource requirement by time period, frequently in the category of histogram Alternative schedules, such as best case or worst case, or resource leveled, with or without imposed dates Scheduling of contingency reserves Answer option D is incorrect. Schedule milestones are part of the schedule data. A Answer option B is incorrect. Schedule activities are part of the schedule data. Answer option C is incorrect. Activity attributes are part of the schedule data. Question: 321 Mary is the project manager of the H1QZ Project. This project is a subproject of the HQZ Project and the project schedule is fixed and cannot vary. Stephen, a project team member, 214 reports that he's having trouble completing his project assignment and will likely be at least two days late. Examine the figure given below: If Stephen's assignment is Activity B, what impact will his two days of lateness have on the project end date? A. The project will complete on time. B. The project will be late by one day. C. The project will be late by two days. D. The project will be early by two days. Answer: Pending. Please send your suggestions to support@ Question: 322 Which of the following provides a method to track project progress during project execution against what was planned? A. Team members profile B. Benefit-cost ratio C. Schedule baseline D. Detailed project budget Answer: C Explanation: A schedule baseline provides a method to track project progress during project execution against what was planned. What is schedule baseline? Schedule baseline is a project schedule used in measuring project progress. It helps provide a comparison with the genuine progress of work against the schedule and to determine if performance to date is within acceptable parameters. Any change caused by change in scope of the project invalidates the original schedule and requires a new baseline schedule. Answer 215 options D, A, and B are incorrect. A detailed project budget, team members profile, and benefit- cost ratio will not help you track project progress. What is BCR? A benefit-cost ratio (BCR) is an indicator, used in the formal discipline of cost-benefit analysis, that attempts to summarize the overall value for money of a project or proposal. A BCR is the ratio of the benefits of a project or proposal, expressed in monetary terms, relative to its costs, also expressed in monetary terms. All benefits and costs should be expressed in discounted present values. For e.g., a BCR of $3.8 indicates a payback of $3.8 for each dollar expended. Question: 323 You have been hired as a contract project manager for Tech Perfect Inc. The project has already been started. Sufficient details of the project have already been structured. You are working with your team for cost estimation of the project. Which of the following estimating techniques will you use for the highest degree of accuracy? A. Parametric modeling B. Analogous C. Top-down D. Bottom-up Answer: D Explanation: According to the question, you have to use the estimating technique that has a higher degree of accuracy. The most accurate estimating technique is bottom-up estimating. What is bottom-up estimating? Bottom-up is a cost estimating technique that involves estimating the cost of individual work packages or schedule activities with the lowest level of detail. The detailed cost is rolled up (or summarized) to higher levels for total project estimates. This summarized data is very useful for reporting and tracking purposes. Bottom-up estimating provides a higher degree of accuracy, provided the estimates at the work package level are accurate. Answer options C, A, and B are incorrect. Parametric modeling and analogous estimating techniques use top-down estimation model. These are less accurate than the bottom-up estimation. What is analogous estimating? Analogous is an estimating technique that uses the values of parameter, such as scope, cost, budget, and duration or measures of scale such as size, weight, and complexity from a previous, similar activity as the basis for estimation of the same parameter for a future activity. It is a top- down estimating technique and is a form of expert judgment. It provides a lower degree of accuracy than other estimating techniques. This technique is primarily used when there is a limited amount of detailed information about the project or program. What is parametric modeling? 216 Parametric modeling is an estimating technique that uses parameters, or project characteristics, to forecast project costs. It involves a top-down approach and is similar but more accurate than analogous estimating. It uses historical data and other variables to calculate an estimate for activity parameters, such as scope, cost, budget, and duration. Question: 324 Beth is the project manager of the KJH project. Sarah is Beth's administrative assistant and Ben is the project team leader. Beth's project has eight virtual teams throughout the world that will be working on the activities relevant to the deliverables in their locales. Thomas, the project sponsor, has told Beth that he is to be kept abreast of all communication between her project and the stakeholders. In this project, who is the lead person responsible for communication with all stakeholders? A. Thomas B. Sarah C. Each of the team leaders for the eight virtual teams D. Beth Answer: D Explanation: Beth, the project manager, is responsible for communication with all stakeholders. According to the PMBOK, the project manager occupies the center of the interactions between stakeholders and the project itself. Answer option B is incorrect. Sarah may help with the communications, but she is not responsible for the communications. Answer option A is incorrect. Thomas, the project sponsor, just needs to be kept abreast of the information. Answer option C is incorrect. The project team leaders for the virtual sites are not responsible for communicating with the project stakeholders. Question: 325 What project management plan will document the time frame and frequency for the distribution of required information? A. Scope Management Plan B. Communications Management Plan C. Stakeholder Management Plan D. Schedule Management Plan Answer: B 217 Explanation: The project's Communications Management Plan defines what information will be distributed, when it will be distributed, to whom it will be distributed, and the modality of the information. Answer option D is incorrect. The Schedule Management Plan defines the project work, when the project work will happen, resource utilization, and how the schedule will be monitored and controlled. Answer option C is incorrect. There is a stakeholder management strategy, but not a Stakeholder Management Plan. Answer option A is incorrect. The project's Scope Management Plan defines how the scope will be created, how the changes will be allowed, how the scope will be executed, monitored and controlled, and finally closed. Question: 326 Fill in the blank with the appropriate word. When activities are logically linked, they become the . __________ Answer: Schedule. Explanation: An activity is an individual element of work that is logically linked to other activities to form the schedule. Its primary characteristics include an overall duration based upon the resources applied to it (manpower, material, and equipment), as well as a start and completion date that is tied to a work calendar. It also has a relationship with other activities (predecessors and successors). Question: 327 Examine the figure given below. In this project network diagram, what is the total float for Activity I? 218 A. Three B. Zero C. Five D. One Answer: A Explanation: The float for Activity I is three days. The early start for Activity I is Day 17 and the late start for Activity I is Day 20. Therefore, the difference of the early start and the late start reveals the float as three days. It is possible, and acceptable, to use the difference of the early finish and the late finish to find the float, as the value will be the same amount. Answer options B, D, and C are incorrect. These are not the valid calculation for the total float. 219 For More exams visit https://killexams.com/vendors-exam-list Kill your test at First Attempt....Guaranteed! | ||||||||||||||||||||||||||||||||||||||||||||||||
PMP® test Preparation is an in-depth, live, virtual course offered by Purdue University Online. This course follows their Project Management Essentials course. Some learners also complete the Agile Certificate Online Course before taking this test preparation course. This course offering assumes you qualify to take the PMP test according to Project Management Institute (PMI) criteria, which includes being an experienced project manager (minimum 36 months of experience leading projects within the past eight years, with a four-year degree). The PMP test also requires you to have 35 hours of project management education, which this course fulfills. You should already be familiar with the content of the PMBOK® Guide before enrolling. If you feel like you need a refresher on the content of the PMBOK® Guide, taking the Project Management Essentials course first is strongly suggested. Request
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Online | Yes |
Format | Instructor-led (Asynchronous) |
Course Fee | $1,795 |
CEUs | 2.1 |
Course Availability | 4 times per year |
Time to Complete | 5 weeks |
Prerequisites | None |
The five-week Purdue Agile Certificate Online Course is a deep dive into the core principles and frameworks of the project management methodology.
Developed by subject matter experts in project management and aligned with the Agile Practice Guide of the Project Management Institute, this standalone course equips learners with the latest Agile tools and methods, enhancing their ability to drive project success and Boost customer satisfaction.
In this asynchronous program, learners view on-demand lecture videos and complete practical assignments that will deepen their understanding of Agile concepts and tools. They’ll have the opportunity to engage with their instructor and peers through discussion boards. The program is supplemented by two key textbooks: Agile Practice Guide from the Project Management Institute and Agile Project Management: 2 Books in 1 by Sam Ryan.
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“In designing the Agile Certificate Online Course, they made sure to closely follow the Project Management Institute (PMI) global standards. Learners can use this content to prepare for their certifications, and it ensures that they’re up on the latest and greatest tools and techniques.”
Rachel Lamb, Agile Instructor
The 100% online, instructor-led Agile Certificate Online Course is conducted in the Brightspace online environment. Learners will complete two to three modules per week, for a total of 12 modules.
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Learners can expect to spend an average of four to five hours each week on assignments, depending on prior knowledge and experience. Most course materials will be provided in Brightspace, but learners are responsible for purchasing their textbooks.
Agile projects have a 64% success rate, compared to a 49% success rate for waterfall.
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Upon completion of the program, learners will be able to:
The Agile Certificate Online Course is advantageous to anyone who manages projects, regardless of industry. Current project managers, those interested in moving into a project management position and individuals who require Agile knowledge in their roles — including business analysts, marketing strategists and software engineers — will all benefit from this program.
After completing this course, some learners go on to pursue their Agile Certified Practitioner (PMI-ACP)® certification through the Project Management Institute (PMI). Others choose to build on their skills with Purdue’s Project Management Essentials and PMP® test Preparation courses, with the goal to sit for the Project Management Professional (PMP)® certification exam.
Learners who are already PMI-ACP certified earn 2.1 continuing education units, which they can apply toward maintaining certification.
One career option for course completers is Scrum master. These individuals are part of a Scrum team working to meet sprint goals and are well versed in Agile methodology and the Scrum approach. The average annual salary for Scrum masters is upwards of $107,000.
Agile methodology is an adaptable type of project management. It has many frameworks for implementation, but at its core, it is about being flexible, collaborative and efficient. Teams work in short cycles, or iterations, to develop small parts of a project over time. This approach allows teams to respond quickly to changes and continuously Boost the product based on feedback. Agile works best for projects with shifting requirements and for those where not all requirements are known.
The Purdue Agile Certificate Online Course is an instructor-led program, meaning you’ll benefit from having a subject matter expert available for guidance whenever you have a question or need further examples to aid in your comprehension.
Additionally, the Agile program is a paced program, with assignments due on a weekly basis to keep you on track.
The Project Management Institute (PMI) offers an Agile Certified Practitioner (PMI-ACP)® certification. The PMI-ACP® is the PMI’s fastest-growing certification and demonstrates your mastery of Agile practices and principles to employers. Obtaining this certification can lead to a 33% increase in median salary.
The Purdue Agile Certificate Online Course meets the PMI-ACP® test prerequisite for 21 contact hours of training in Agile practices. Because the course focuses on the PMI’s Agile Project Guide, it also prepares you for the content you will find on the exam.
For more details about how to get Agile certified, including Agile certification cost, visit the PMI website.
Completing the Agile Certificate Online Course is valuable in preparing for the Project Management Professional (PMP)® test through the PMI. According to the PMI, half of the questions on the PMP test focus on Agile or hybrid project management approaches.
Find more answers on their full project management FAQs page, or contact a program advisor at PMonline@purdue.edu or (888) 390-0499.
Rachel Lamb is the designer and instructor for the Agile Certificate Online Course. Both PMP® and Lean Six Sigma Black Belt certified, Rachel’s focus throughout her career has been on process improvement and project management. She is available to assist learners with questions throughout the program. Visit their instructors page to learn more about Rachel.
Editorial Note: They earn a commission from partner links on Forbes Advisor. Commissions do not affect their editors' opinions or evaluations.
As a project manager, obtaining a professional certification validates your knowledge and skills. It can also help you stand out to employers and earn a larger salary.
In the project management field, the best-known credential is the Project Management Professional (PMP)® certification, offered by the Project Management Institute (PMI). If you’re curious about the difference between PMP vs. PMI certifications, look no further: All PMP certifications come from PMI.
However, PMI offers other certification options as well. The best credential for you ultimately depends on your experience level and specialization.
This guide outlines the costs, requirements and benefits of earning the PMP and other PMI certifications. Let’s get into it.
PMI offers the PMP certification, a globally recognized professional credential for project managers. This credential substantiates a project manager’s skills—both soft skills and technical skills—and their understanding of business environments. PMP certification can result in increased salary potential and greater career opportunities.
The PMP costs $405 for PMI members and $575 for nonmembers. You have three attempts to pass the certification test within one year, but you may have to pay a reexamination fee.
The minimum requirements for the PMP are a high school diploma, 60 months of leading projects and 35 hours of project management education or a certified associate in project management (CAPM) credential. Those with four-year degrees only need 36 months of project management leadership, but 35 hours of education and training or a CAPM certification are still required.
In addition to these requirements, you must document your experience and education. To do this, you must gather information about where you worked, your roles and responsibilities and the duration of the projects you worked on.
The PMP test covers three project management domains: people (42% of the exam), process (50%) and business environment (8%). Each is further divided into various tasks as described in the PMP test content outline.
The test itself contains 180 multiple-choice, matching, fill-in-the-blank, hot area and multiple-response questions. Test-takers must complete the test in two hours and 50 minutes. Applicants taking the online-proctored test will have two scheduled 10-minute breaks, but the paper-based test does not afford any scheduled breaks.
The most direct benefit of obtaining PMI certification is a pay increase. According to a 2021 PMI survey of over 7,000 respondents, PMP-certified project managers globally earned on average 16% more than their non-certified peers. PMPs in the United States made 32% more than their counterparts who were not PMP-certified.
PMP certification also validates your knowledge and skills against an international standard. A PMI credential can make you a more attractive candidate to employers, especially compared to noncertified candidates.
Since creating the PMP certification in 1984, PMI has released a multitude of certifications for project and portfolio managers. These credentials are designed according to the International Organization for Standardization 9001 quality standard for management principles.
PMI’s project manager certifications are broken down into three tiers based on experience level. The first tier is for beginners with up to three years of experience, the second caters to workers with three or more years of experience and the third tier is for senior-level professionals with eight or more years of experience.
Here are the eight PMI certifications covered in this article:
Credentials vary in price, with advanced PMI certifications costing more. For an annual fee of $149, or $32 for students, you can become a PMI member and take your certification test at a discounted rate. PMI membership comes with benefits like tools, job boards and networking opportunities.
The cost of each certification test is as follows.
Each certification program has education and experience requirements. As you would expect, PMI’s more advanced certifications have more stringent requirements for experience. As for education: the entry-level PMI Project Management Ready program has no prerequisite, and all other certifications require only a high school diploma.
In addition, PMI requires varying amounts of formal project management hours: 23 contact hours for the CAPM, 35 for the PMP and 30 to 40 for the professional specializations. You can earn these contact hours through:
There are benefits to earning an associate, bachelor’s or postgraduate degree, especially if you attend a program accredited by the Global Accreditation Center (GAC). For example, if you have a bachelor’s degree, your required project management experience for the PMP certification drops from 60 months to just 36. And if you attended a GAC-accredited program, the requirement drops further to 24 months.
PMI exams contain at least 150 questions, with the exact numbers of questions varying depending on which certification you choose. Each test has a time limit as well. For example:
All PMI exams are available either proctored online (if available) or at a testing center.
Aside from increasing your earning potential, a PMI certification demonstrates to future employers that you are committed to your profession and willing to comply with project management best practices. Moreover, a PMI certification will align your current practices with the most up-to-date industry standards for your own and your organization’s success.
The right certification for you depends on where you’re at in your career and specialization. For entry-level project managers with less than a bachelor’s degree, obtaining the CAPM credential can be a great starting point while you gain education and experience. This credential also familiarizes you with PMI’s application process, evaluation systems and industry-standard practices for future success.
The PMP is the most well-known project management credential. A common goal for intermediate project managers is to earn the PMP.
However, if you don’t have enough experience and education to qualify for the PMP, the PMI-RMP or PMI-SP may be an option. Both of these certifications require fewer months of project management experience than the PMP.
If you are interested in business analysis, the PMI-PBA might be a better bet for you.
With advanced experience, earning the PgMP or PfMP credential is the goal. These certifications come with the most stringent requirements, requiring a panel to review your work experience before approving you to take the exam.
Editorial Note: They earn a commission from partner links on Forbes Advisor. Commissions do not affect their editors' opinions or evaluations.
The Project Management Institute (PMI) administers PMI certifications to those who work or are planning to work in project management. PMI certifications are recognized around the world and qualify recipients to work in many industries.
You can choose from a variety of PMI certifications depending on your experience, skills and career goals. From entry-level professionals to senior leaders, project management professionals can pursue certification to develop their skills, gain experience and build on their expertise.
PMI certifications help project management professionals learn new skills and grow in their careers. Each certification serves its own purpose within the realm of project management. Below are descriptions of PMI certification options.
PMP certification shows that you are qualified to lead and direct projects as a project management professional.
or
The exam fee is $405 for PMI members and $575 for nonmembers.
Time commitment varies depending on your education and experience. You should earn a degree, complete three to five years of project leadership, undergo 35 hours of project management training and study and take the certification exam. You are allowed up to 230 minutes to take the exam.
This certification shows that you understand the fundamentals of project management and have the skills to manage projects in various environments.
The test fee is $225 for PMI members or $300 for nonmembers.
You have three hours to complete the exam.
PgMP certification shows that you have the skills and experience to coordinate and manage multiple projects within an organization.
Or
The test fee is $800 for PMI members or $1,000 for nonmembers.
You have four hours to complete the exam.
This certification shows that you demonstrate the skills and knowledge to coordinate and manage one or more portfolios that align with an organization’s strategic objectives.
or
The test fee is $800 for PMI members or $1,000 for nonmembers.
You have four hours to complete the exam.
This certification signifies that you have the business analysis skills needed to manage projects according to a business’s requirements.
or
The test fee is $405 for PMI members and $555 for nonmembers.
You have four hours to complete the exam.
This certification signifies that you demonstrate expertise in identifying and managing risks to reach successful project outcomes.
or
The test fee is $520 for PMI members and $670 for nonmembers.
You have 3.5 hours to complete the exam.
This certification shows that you have the skills to develop and manage project schedules.
or
The test fee is $520 for PMI members and $670 for nonmembers.
You have 3.5 hours to complete the exam.
This certification shows that you are knowledgeable and skilled in agile project management principles and techniques.
The test fee is $435 for PMI members and $495 for nonmembers.
You have three hours to complete the exam.
This entry-level certification introduces the fundamentals of project management to high school and postsecondary school students.
School and Test Center administrators can find out more information about coursework, learning materials, pricing, practice tests and certification exams through Certiport. For individuals, the test costs $118, with optional add-ons for practice tests, training and test retakes.
The cost to renew your PMI certification is $60 for PMI members and $150 for nonmembers. To maintain certification, you must also earn professional development units (PDUs). You can earn PDUs through education or by working as a project management practitioner, speaking at conferences, mentoring others or volunteering.
To renew certification, you must typically earn between 15 and 60 PDUs every three years. The costs of earning these PDUs vary and are in addition to the PMI certification renewal fees.
You can sign up for PMI certifications through the Project Management Institute’s website. Before registering, you may want to purchase a PMI membership, which gives you access to webinars, project plans, templates, free downloads, networking events and other valuable resources. Membership also provides reduced rates for your exams.
For many project management professionals, earning a PMI certification is worth it. Here are some things to keep in mind as you decide if this path is right for you.
If you’re a current or prospective project management professional, you should consider earning a PMI certification. Whether you are an entry-level project manager or a seasoned professional, certification can help you take your career to the next level.
According to a Project Management Institute survey, professionals with PMI certifications earned salaries that were 33% higher than those who were not certified.
Once you earn a PMI certification, make sure to include it on your resume. A certification can set you apart from other candidates by demonstrating competency and success in your project management activities. Your resume should also include information showing that you know how to use resources, tools and project management methods to achieve the best results.
As you build your career, you may encounter challenges during your projects. It’s important to take time to network with other project management professionals. You may be able to consult with others in your network who can share their knowledge and ideas to help you with your projects. You may also connect with those who can benefit from your expertise and advice.
For a limited time, when you purchase any course from Goodwin College’s Online Professional Development Course catalog, you’ll receive the online, self-paced course, Speak With Confidence for free! The link to access Speak with Confidence will be included in your course confirmation email that you receive 24-48 hours after registration.
These days, project management is multidimensional depending on the project, industry, and team. Drexel University’s, Goodwin College of Professional Studies offers online agile project management courses to teach the principles of Agile Project Management—an iterative, skimmed-down approach to project management for teams that must move quickly. Add this method to your project management toolbox to be even more marketable to businesses and valued within your organization.
>The following online agile project management training courses can be taken individually or in the bundle certificate package at a discounted rate:
Learn the basic methodologies, practices and key concepts of Agile and explore, through case studies, many of the common challenges of working on an Agile team.
Understand the key concepts and principles that form the foundation of Agile project management as well as the nuances of leading and working with Agile teams.
If you already have some Agile experience, you can prepare for the Project Management Institute®'s Agile Certified Practitioner (PMI-ACP)® exam with a review of the key tools, techniques and strategies that PMI® has listed as important for Agile practitioners to understand to achieve their certification.
Assess your readiness to take the Project Management Institute®'s Agile Certified Practitioner (PMI-ACP)® Exam with two 120-question practice tests, which cover the information in the current PMI® Agile studying list.
Test your understanding of Agile practices through 20 short case studies pulled from real-world experiences.
Recognize and resolve many of the common integration issues that emerge when Agile and Waterfall methodologies are combined.
Based on curriculum developed and peer-reviewed by the Zebrafish Husbandry Education Team of the Zebrafish Husbandry Association (ZHA), this course is designed to teach husbandry, facilities management, and basic animal health care for zebrafish used in biomedical research. Animal husbandry technicians, animal facility administrators, veterinarians, researchers and others with an interest in zebrafish husbandry will benefit from this 15-week course.
Online Self-Paced Professional Development Courses
For a limited time, when you purchase any course from Goodwin College’s Online Self-Paced Professional Development Course catalog, you’ll receive the online, self-paced course, Speak With Confidence for free! The link to access Speak with Confidence will be included in your course confirmation email that you receive 24-48 hours after registration.
Improve your career skill set with Drexel’s online self-paced professional development courses, which offer a variety of syllabus to help you stay ahead of the curve in competitive job markets. These online, self-paced, non-credit courses are reviewed frequently and updated to reflect industry demand. Our training courses are tailored to working adults and feature a flexible online format that allows you to do your coursework where and when it is convenient.
By completing one of their online self-paced professional development courses and adding certificates to your resume, you can prove to current and future employers that you are invested in your career and an expert in your field. Whether it’s a promotion, a job search or professional enrichment, these courses can help you enhance your skills and ultimately reach your goals.
View their entire online self-paced professional course catalog, or click on a category below for more information. Purchasing a self-paced online course grants access ranging from 30 to 180 days
For a limited time, when you purchase any course from Goodwin College’s Online Professional Development Course catalog, you’ll receive the online, self-paced course, Speak With Confidence for free! The link to access Speak with Confidence will be included in your course confirmation email that you receive 24-48 hours after registration.
Reaching the next level at work doesn’t require giving up a semester’s worth of weeknights. For professionals ready to advance their skills but short on time, accelerated short courses can offer the flexibility that full-time workers increasingly need. After a successful introduction last year, Villanova University College of Professional Studies will offer more intensive learning experiences than ever this spring.
“In two days, you’re gaining lots of great material, you’re gaining access to a network of students who are in your class and you’re meeting a faculty member who is an expert in the field,” says Christine Palus, PhD, Dean of the College of Professional Studies. “Folks can dig right in, learn some new skills and then immediately apply them in the workplace.”
Each boot camp will feature a mix of engaging lectures, discussions and hands-on activities. Most of the courses take place during the week, so students can attend on behalf of their employers as a professional development experience or team-building activity.
“Showing that you are committed to continued professional development and learning in your career can be really appealing to employers,” Dr. Palus says. “Anyone who completes these courses earns a certificate of completion from Villanova and that’s a wonderful résumé-builder.”
Get the details on all five available courses below, with classes starting this February.
February 12-13
If you’re new or interested in the HR field, consider this your “101 course.” Developed by the Society for Human Resource Management (SHRM), the two-day program will help anyone with new HR responsibilities — including managers and small business owners — identify and resolve common workplace issues.
March 11-12
Many people manage work projects day-to-day but never learn the most effective methods in a formal setting. “This program provides a structured learning experience where you can learn about the discipline of project management and what it really takes to systematically and efficiently plan, oversee and execute a project,” Dr. Palus says.
April 22-24
Ready to take your project management skills to the next level? This course preps more experienced personnel for the Project Management Professional (PMP) certification, a recognized industry standard. Those with PMP certification earn a 20% higher salary on average than those without, according to a 2018 Project Management Salary Survey of more than 33,000 professionals.
May 27-28
Congrats on the promotion! Now develop the skills you’ll need as a new manager through this hands-on experience. Program participants will network and discuss foundational management and leadership strategies with their peers while learning communication and collaboration skills to take back to their teams.
June 26 – June 28
After an enthusiastic turnout last year, this education course returns for a second time, “The leadership symposium is focused on the Topic of innovation and entrepreneurship,” Dr. Palus says. “Anyone really interested in those skills and leading with a growth mindset, this would be a wonderful experience for them.”
Take the next step in your career by registering for an intensive short course this spring at Villanova University’s College of Professional Studies.
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