You are a project manager, but what is project management, really? As a project manager, you wear many hats. You might find yourself discovering risks, solving problems, directing work, planning action, mitigating issues, and reporting performance. Are any one of these activities the definition of project management? No. Project management is the application of Knowledge, skills, tools, and techniques to project activities to accomplish the goals and meet the requirements of a project.
Usually a project will include requirement identification, stakeholder identification and understanding of the stakeholders to the extent that the you can meet the expectations and requirements of the stakeholders, and finally balancing constraints that are competing in nature.
The Project Constraints
There are six aspects of a project, and perhaps more, that interrelate to the point that if one of these aspects change during the project they will affect at least one more, and perhaps all of the others. These six aspects are the following: Scope, Quality, Schedule, Budget, Resources, and Risk. For example, if the scope of the project is increased, then the resources needed to complete it will expand, as will the budget needed to complete the larger scope. The time needed to finish the project will be greater. The larger project may need more testing, and may affect the overall quality of the project. Lastly, the possibilities of finishing the project on time, in budget, or even at all are all affected by the scope growing, and thus it affects risk as well.
Project management entails understanding all of the constraints and influencing the factors that cause change. It may include mitigating change, and co-ordinating the evolution of the project, as the project is progressively elaborated.
Because a project is so many faceted and because each project is unique, depending on company culture, industry, market influences, company structure, resource pools, and so many other factors, there really can’t be a one size fits all project solution.
Because of this complexity, the Project Management Institute (PMI) produced the A Guide to the Project Management Body of Knowledge: (Pmbok Guide) (Paperback). A process oriented guide to the management of projects. They also created the Project Management Professional (PMP) certification, to encourage project managers to really learn the complexities of managing a project and to do it with a consistent methodology that leads to successful projects.
If you have an interest in becoming a PMP and gaining the knowledge, skills, and talents that will help you manage projects successfully, we can help you here at PMExamReady.com. We can help you get the training you need including the 35 contact hours, and prepare you to take the PMP exam.
Find out all of the requirements for getting your PMP credential with a free PMP handbook. Jump aboard and get everything you need to qualify for the PMP certification.
If you want to pass the PMP exam, you are going to have to learn to understand the Project Management terms the way the PMI knows them. Rita Mulcahy, a prominent PMP and Project Management author, explains that 50% of those that fail the PMP exam fail it because they have not had project management training that uses PMI terminology. The bottom line, you need to see the terms the way the PMI sees them to pass the PMP exam. About the only way to get that knowledge is through some PMI approved training.
Now you have a number of options:
You can attend a 4-7 day training course held by MosaicProjects or GlobalKnowledge. The rates vary, but will cost between $1500 and $2000. The actual number of contact hours awarded from the class depends on the number of classroom hours you attend, but they vary between 21 and 25.
There are some online classes Point Advantage, Online Training or Simplilearn online training. Either one will cost between $699 and $999.
However, the very best value will be the The PM-Prepcast.
The PM-Prepcast gives you:
38 hours of PMI approved PMP training in a podcast.
35 contact hours recognized by the PMI.
Exclusive tips and tricks for taking the PMP exam.
Sample test questions and more. For a one time fee of about $99.
Check out the PM-Prepcast and start preparing for the PMP exam in the PMI way today!.
Elroy King
If you have any Project Management questions or questions about the PMP exam, leave them as a comment, and I will try to answer the questions.
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Know those difficult PMI-isms when you sit for the PMP exam, by learning these Project Management Terms