What is PMP? PMP Tutorial Guide for Beginners

Introduction

Welcome to the PMP Tutorial Guide!  We hope you will take something from this article that will help you get your dream career!

Project management is an essential component of any firm  It is an accepted technique all around the world, and many businesses employ it. Project management is necessary in almost every business. You can work as a project manager in a variety of intriguing industries, including IT, manufacturing, finance, and healthcare. It is a dynamic, difficult, highly specialised field with excellent payoffs. But you must hold the right knowledge and skill set to grow in your career path. This PMP Tutorial Guide is designed to help you understand the complete concept. The tutorial covers the following topics – 

1. What is a Project? What is Project Management? Understanding the project methodology
2. Why Learn Project Management and who should learn project management 
3. What is PMP and PMI? Prerequisites for PMP Exam
4. Guidelines for PMP certification exam and syllabus
5. Role of a Project Management Professional and the required skills 
6. What is the difference between Portfolio, Program management, stakeholder, and Projects?

Before we actually move to the topic of PMP certification and exam guidelines, let us have a quick discussion on project basics, and what is project management in brief. If you are aware of the basics and looking for advanced knowledge, consider enrolling in this PMP Course Online Free.

What is a Project? A Quick Look at Project Characteristics

A project is a practice that is undertaken by experts together to form a unique product, service, or result. It may include new product development, building construction, planning industrial plant infrastructure, implementation of the project, and enhancing or improving business procedures and its processes.

A project is started by a group of experts, constrained by limited resources, and deployed to the client when finished. A project is temporary in nature that is planned, controlled, and executed as per the requirements. The different operations of a project are the primary focus and they continue on a repetitive basis that contains a set of repetitive elements and it will not change the unique characteristics of a project.

So, would you like to explore the characteristics of a project ahead?

• A project is always unique in terms of its characteristics. Although it is temporary in nature, it can be extended anytime based on Company needs. However, each project starts with a plan and there is one ending date too. It will not go indefinitely.
• Each project is started to deliver a unique product in the end. The final output could be a product, service or result etc. Many times, plenty of activities are common between projects but they are always unique in one or the other.
• The project is declared closed when all objectives are met and it is ready to deploy to the client. There is one more reason for closing the project that the final output does not exist anymore. Keep in mind that project work is always different from the regular operational work.

What is Project Management? Understanding the Project Methodology

The next important term to discuss here is project management that is taken as the application of knowledge, skills, tools, and techniques applied to different activities or operations of a project to meet varied needs of a complex project. The project management can be achieved by the integration of 49 processes and they should always be executed in a proper manner and follow the right order too.

Want to be certified in PMP? Check out the certification guide - How To Get PMP Certification Successfully?

Here is one example of project management methodology that is defined by the project management institute (PMI). PMI is a non-profit organization that offers certification to project practitioners for their knowledge and skills set.

Want to be certified in PMP? Check out the certification guide - How To Get PMP Certification Successfully?

• Each project follows 5 process group, 49 processes, and the 10 knowledge areas.
• The documentation should always be proper with standard processes or approaches.
• The process can be applied to a wide range of industries like healthcare, life sciences, IT, oil & gas, petrochemical, or telecom industries etc.
• It should be tailored perfectly to meet the complex needs of a business.

You must be wondering why project management is necessary and its value for businesses. 

The project management contributes majorly to the organizational success within a fixed time frame and budgeted costs. The chances of project success get higher and it is quickly accepted by the users or Companies etc.

It can define the project scope clearly without disturbing the main workflow and culture of the organization. The project management incorporates innovative thinking and advanced planning too.

What is PMP and PMI?

PMP or Project Management Professional is one of popular certification awarded by PMI to skilled project practitioners. The PMP certification is highly recognized by industries and demanded worldwide. For the project manager role or to become a successful project management professional, this qualification is mandatory. Here is a list of most coveted project management certificates for your reference. With this graph, you can realize yourself why PMP is so popular and most suitable career choice for learners.

PMP certification is not limited to a particular domain but a project manager could work almost any industry either it is retail, banking, defense, IT, or manufacturing industries. Once the PMP certification exam is completed successfully and you can add to your project a PMP® certified professional.

So, PMI is an institute and the PMP is a credential. PMI helps you in writing or supervising the PMP exams successfully. If you need still more detail on PMP then you can browse the official website right away - www.pmi.org.

To sum up, PMI is an organization, and PMP® is a credential. PMI therefore writes and supervises the PMP® examinations. If you need more information on PMI, you can visit their website, www.pmi.org.

Significance of Learning Project Management

It is impossible to exaggerate the value of project management in organizations. When project management is done in the correct way, it makes every aspect of the business work more efficiently. The team gets time to concentrate on the significant job without being distracted by unmanageable budgets or projects that go out of hand. It also provides them the ability to come up with outcomes that truly impact the revenue of the company. Additionally, it enables your staff to understand how their efforts support the strategic business goal. A project includes numerous interrelated components that work together to produce a successful result.

Who should Learn Project Management?

If you are running a business, this project management tutorial guide will help you learn how to manage your team to the best of your ability. It will also assist you in developing the skills required to advance in your company. Even the simplest projects are destined to fail when there is insufficient oversight and management. For individuals wishing to become managers, this project management tutorial is provided. Your comprehension of the numerous factors necessary to effectively manage teams for project implementation will be much improved. Additionally, this will make it easier for applicants to comprehend and apply tried-and-true project management strategies that guarantee greater effectiveness and achievement.

When you are learning about PMP for your career purpose, do not forget to go through these Top Project Management (PMP) Interview Questions and Answers!

Prerequisites or application requirements for the PMP Exam

Before you appear for the PMP certification then don’t forget to check the latest version of the exam. The PMP certification is valid for three years and there are chances that you will get your dream job quickly with fat salary packages.

PMP exam Pre-requisites

• You should have a four years bachelor degree
• And a minimum experience of 4500 hours in project management

OR

• You could start with a secondary degree like a diploma or any other associated degree.
• And a minimum experience of 7500 hours in project management.

AND

• 35 to 40 hours of education from a registered education provider like JanBask Training.

Guidelines for the PMP Certification Exam

Let us have a quick discussion on a few guidelines that would help you in completing your application successfully.

• You should join the PMP membership first before you apply for the PMP examination. The members will get a flat discount of $150 for the PMP certification which is actually higher than the registration costs. So, this would be a smart decision to help you in saving money during the first process only. Becoming a member is quite an easy process and easy to complete by the official PMP site in a few steps.
• Open the site, click on the join PMI button and enter the necessary details. Make sure that the details are correct because the same will be published on your PMP certification too.
• You have to be cautious when adding the project experience because it will be verified later and add details that are handled during the project only. Focus on things minutely and the work done by you.
• Now had a look at the primary contacts given in your application before you submit it. These contacts will be the witnesses for the project experience during the verification process. If you are not sure how to complete this step then don’t forget to take help from experts.
• In case, your application is selected for the audit then a list of instructions will be given on your email id. You should follow the instructions wisely and be prepared in advance.

In the next section, we will focus on the exam outline for the PMP tutorial guide blog.

Before you begin your career journey, check out what are the Project Manager (PMP) Role And Responsibilities?

PMP Exam Outline

The PMP exam will be conducted for a total of four hours that contains 200 questions in total and 25 questions are fixed for the future tests and they will not be scored. These 25 questions will be picked randomly by the team and you should answer all 200 questions seriously.

All 200 questions are multiple-choice questions and there is no negative marking scheme for the wrong replies. You should answer all the questions in the given time only and you can answer all questions together even if you are unsure. There are grades given for all participants instead of rating like –

PMP Exam Syllabus

In this section, we will discuss the topics to be covered in the PMP exam and their weightage too. The percentage of questions from different chapters is given below that would help you in preparing for the exam accordingly.

All set to move on your PMP career? Go through this complete guide of Project Management (PMP) Career Path & Future Scope before we move further in the PMP tutorial.

All set to move on your PMP career? Go through this complete guide of Project Management (PMP) Career Path & Future Scope before we move further in the PMP tutorial.

The Role of a Project Manager

Moving ahead, let us discuss the common roles of a project manager for different domains -

A project manager is a dominant role for a project and he is entirely responsible for the organizational success too. The position is directly associated with tremendous accountability, responsibility, ownership, and the authority. Here are the popular roles and responsibilities of a project manager that are listed after a proper research only –

He is completely responsible for the accountability of a project and applies concepts that are learned from the recent similar projects. He needs to understand the project needs deeply and plan the activities accordingly. He also performs the project tracking and updates for project status regularly.

He always adopts best practices for project management and manages project priorities too. He works on project risks and issues carefully and promotes client involvement too. He encourages and support the escalations and enforces effective change controls or management. PMP focuses more on agile practices and minimizes the role of a PM as a controller. Further, he is responsible to monitor and manage project risks, stakeholders, and communications.

Project management skills requirements by professionals

  What is difference between Portfolio, Program management, and Projects?

• A “Portfolio” is a collection of other projects or programs. The components could or could not be interdependent.
• The “program management” is the centralized and coordinated management of program to achieve the strategic benefits or objectives. Here, multiple projects can be aligned in such way that it could help in achieving the program goals and optimizing the overall project costs, schedules, and efforts too.
• On the other hand, “Project” is an independent delivery in a program that has loose association with a portfolio of projects.
• A “Stakeholder” is the person who could be positively or negatively affected by the outcome of a project.

Conclusion

With this discussion, we come to an end for the blog PMP Tutorial Guide. With the help of this blog, PMP Tutorial Guide, you learnt about PMP course objectives, who are project management professionals, what is a project, what is project management, what are the prerequisites for the course, the target audience, and the value it offers to your career.  You can enhance your knowledge further with this  PMP Course Online Free! Now, let’s quickly go through the frequently asked questions related to PMP.

FAQs

Q1. What is PMP software development?

Ans: The PMP software development is in charge of the qualification programme known as the Project Management Professional (PMP®) certification (PMI).

Q2. Which PMP software tools are the best?

Ans: Following are the best PMP software tools – 

• Trello
• Wrike came in second.
• Basecamp 
•  Zoho Projects.
• LiquidPlanner
• Microsoft Project 

Q3. PMPs are in demand?

Ans: The PMP certification is widely coveted across businesses. There is a demand for qualified and skilled project management specialists everywhere there are projects. This need will only rise as the global economy develops and industries broaden.

Q4. Does earning a PMP make sense?

Ans: The PMP certification is unquestionably worthwhile because it can increase your earnings by 16% compared to others who lack credentials. Additionally, PMP might yield a return on investment of up to 300%.

Q5. Does PMP result in a wage increase?

Ans: The median annual compensation for non-certified project managers in the United States is $93,000, according to PMI. The typical annual salary for PMPs is $123,000, which is a 32% increase above the average for non-certified workers.

Q6. Can I complete the PMP study in 30 days?

Ans: You'll need to increase your knowledge and understanding of the subjects to pass the exams. 100-150 hours of self-preparation for a PMP candidate with sufficient experience and formal PMP training, which might take 2-3 months.

Q7. Is the PMP exam simple to pass?

Ans: The PMP test is renowned for its difficulty, however, PMI withholds detailed data regarding the passing score or failure rate. Only around half of first-time test takers pass the PMP exam, according to certain surveys of project experts, who estimate the failure rate to be between 40 and 50 percent.

Q8. What does a PMP certification cover?

Ans: You can be a better mentor in the field of project management if you have a PMP® certification. That has the potential to greatly improve your learning. A benefit for a person is always meeting new individuals and getting their feedback on how they are doing in the endeavor. You can therefore raise your level of knowledge in this way.

I hope this  PMP tutorial guide is 100 percent suitable and will help you in starting with PMP certification training and how to prepare for PMP exams. Consider joining our professional JanBask Community to get professional support and expert guidance.