Sam Sena, PMP
ISACA Bermuda Chapter
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Understanding Project Management
◦ Simple definitions
◦ The Value of Project Management
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PMP – Project Management Professional
◦ Benefits & Costs
◦ Eligibility
◦ Exams
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Definition:
“A temporary endeavor undertaken to create a unique product,
service or result.” - PMI
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Characteristics:
Temporary
Definite beginning and end
Create unique product or service
Have an objective that indicates completion
Progressive elaboration
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Definition:
◦ “The application of knowledge, skills, tools, and
techniques to project activities to meet project
requirements.”
A guide to the Project Management Body of Knowledge
(PMBOK), PMI
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Organizations need a formal approach to:
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Align Projects with Company Strategy
Address the risks associated with temporary endeavors
Manage changes to a stable environment
Ensure that stakeholder requirements are being met
*Schwalbe, Kathy. Information Technology Project Management, 3rd Edition, 2004
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Serve to assist project managers and their teams in
various aspects of project management
Examples of Tools:
◦ Business cases, project charters, scope statements, and work
breakdown structures (scope management)
◦ Gantt charts, network diagrams, critical path analysis, critical
chain scheduling (time management)
◦ Cost estimates, project portfolio management, and earned value
management (cost management)
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Higher quality and increased reliability
Better internal coordination
Lower costs
Better control of resources (material, human and
financial)
Enhance productivity and morale
Improved customer relations
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Agreement on general benefits
Improved project performance/results
ROI of project management
PM maturity levels
Competitive advantage
“Price is what you pay. Value is what you get.”
Warren Buffet
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Introduction to PMI
The PMP certification
Benefits of Certification
PMP Certification eligibility
PMP examination overview
Renewal requirements
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Leading membership association for the project
management profession
Only global certification
260,000 members in over 171 countries
Offers certification, networking, and community
involvement opportunities
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Considered by many as “gold-standard” of global
project management certification
Certified have demonstrated tools required to
competently practice project management:
◦ Knowledge
◦ Experience
◦ Leadership Skills
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Recognizes your expertise in Project Management
Better Salary
◦ Average starting salary $90,000
◦ Salaries of certified Project Managers are 20% more than
those with similar experience level
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Better Job Opportunities
◦ Requirement to be qualified has been growing
exponentially
◦ There are 20% more jobs available
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Networking with other PMP’s
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Directed toward career enhancement
Locked into Project Management track
◦ Continue to show documented leading of projects
◦ Renewal fee every 3 years
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High cost
Exam Administration
Type
Dollars
Membership (1st year)
$129
Membership
$119
Computer-based testing
$555
Member CBT
$405
Renewal Fee
$150
Educational
Background
High school diploma,
associates degree, or global
equivalent
Project Management
Experience
Minimum 5 years/60 months unique nonoverlapping professional experience during
which at least 7,500 hours spent leading and
directing project tasks
Project Management
Education
35 contact hours of formal education
OR
Bachelor’s degree or global
equivalent
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Minimum 3 years/36 months unique nonoverlapping professional project management
experience during which at least 4,500 hours
spent leading & directing project tasks
35 contact hours of formal education
Online application allows you to track your
experience
◦ Month count can’t have overlapping projects
◦ Hours count includes any hours
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4 hours for 200 questions
25 questions considered pre-test
◦ Do not affect score
◦ Used as way to test validity of future exam questions
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All questions randomly placed
To maintain certification:
◦ Demonstrate ongoing professional commitment to field
◦ Satisfying the Continuing Certification Requirements
Program
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Earn and report at least 60 Professional Development
Units during each 3-year CCR cycle.
◦ Typically one PDU is earned per hour spent in a planned and
structured learning activity.
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Complete the Application for Certification Renewal
and return it to PMI, along with the renewal fee
The CCR program has identified five categories in
which PMP credential holders can earn PDUs:
◦ Formal academic education
◦ Professional activities and self directed learning
◦ Education programs offered by PMI Registered Education
Providers or PMI components
◦ Educational programs offered by other providers
◦ Volunteer service to professional or community organization
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A document called ____________ is created by
decomposing the project scope into smaller, more
manageable elements.
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Scope Statement
Network Logic Diagram
Work Breakdown Structure
Requested Change
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Understanding Project Management
PMP – Project Management Professional
Benefits & Costs
Eligibility
Exams
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University of Wisconsin
Kathy Schwalbe, Ph.D, PMP
Food and Agricultural Organization (UN-FAO)
Pmi.org
Gantt-chart.biz
project-management-basics.com