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Readiness for the Project Management Professional Certification Exam – Tips Revealed!
With the global demand for project management skills (PMP®), a project management certification is the best way to increase your career prospects and credentials. PMI has made many changes to the project management professional exams and the exams are getting tougher. Many professionals attempt to pass the exam, and a few anonymous survey results show that at least 40-50% of candidates fail the project management professional exam on their first try.
Let’s imagine that you have put a lot of effort into preparing for the PMP exam and preparing for the exam day. Before taking the exam, you like to feel that you are confident enough to take the exam and you are very sure that you are preparing properly for the exam. How do you gain the necessary confidence and self-confidence to pass the exam? Before taking the exam, I recommend that you do a thorough self-assessment of yourself using the following questions.
I know how to evaluate projects based on available information
I know how to define the scope of a project based on business requirements
I know how to conduct a stakeholder analysis using the various techniques mentioned in the PMBOK® Guide, Fourth Edition
I know how to create a project charter and get approvals from stakeholders
I know how to define project deliverables based on the project charter
I know how to create a work breakdown structure to manage project scope
I know how to prepare a budget plan based on the scope of the project to manage project costs
I know how to create a project schedule to manage the timely completion of the project
I know how to develop an HR management plan to effectively use and manage project human resources
I know how to prepare a project communication plan to manage the flow of project information
I know how to create a procurement plan to effectively acquire project resources
I know how to create a quality management plan to prevent defects and reduce quality costs
I know how to develop a change management plan to manage change
I know how to create a risk management plan to manage risks throughout the project life cycle
I know how to present a project plan to key stakeholders to get approval for project implementation.
I know the different types and uses of organization charts
I know time, budget, and cost estimation techniques, including the earned value formulas mentioned in the PMBOK® Guide Forth Edition
I know how to obtain project resources, including procurement resources to complete the project plan
I know how to complete the tasks defined in the project plan to achieve project results within budget and schedule
I know how to implement a quality management plan to ensure that work is carried out in accordance with the required quality standards
I know how to implement approved changes according to a change management plan to meet project requirements
I know how to maximize team performance by leading, coaching, training and motivating team members.
I know the methods of team building and motivation
I know the importance of continuous improvement processes
I know how to measure project performance using the tools mentioned in the PMBOK® Guide Forth Edition
I know how to monitor and manage projects using the tools and processes mentioned in the PMBOK
Know how to obtain final approval of project deliverables to confirm project scope and delivery of deliverables.
Know how to transfer ownership of deliverables to designated stakeholders to facilitate project completion.
I know how to achieve financial, legal and administrative closure using generally accepted practices
I know how to distribute a final project report with all project completion information to communicate the final status of the project to stakeholders
I know how to collect and archive lesson documents and project documents to update the organization’s knowledge base.
I know how to measure customer satisfaction at the end of a project by collecting customer feedback for project evaluation and strengthening customer relationships
I know how to apply PMI’s Code of Ethics and Professional Conduct in all phases of a project
I have read the PMBOK® Guide Forth Edition at least 3 times
If your self-assessment is “Yes” to all these questions, then good, you are ready to take the PMP exam, and I am confident that you prepared well and will pass the exam on your first attempt. If you can say yes to 80% of the questions, you have a good chance of passing the exam on the first try. But I would suggest you go back and read the PMBOK® Guide Forth Edition one more time before taking the exam. For those who say “yes” to less than 80% of these questions, I would say that preparing for project management is not a difficult task; you register for a project management class or a PMP® preparation course; read the PMBOK® Guide Forth Edition a few times and come back to these self-assessment questions before taking the PMP® exam.
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