PMP 6th Edition Training Video | PMBOK 6th Edition | PMP Certification Training Video | Simplilearn

1. PMP 6th Edition Training

2. What’s in it for you? • What is the PMP Certification? • What is PMBOK? • Eligibility criteria • Project Management Framework • Project Management Process Group • Knowledge Areas • Processes

3. Imagine having a certification that lets the world know that you know what you’re doing in project management!That’s what the PMP Certification gives you!

4. PMP 6th Edition Training Click here to watch the video

5. What is the PMP Certification? The Project Management Professional (PMP) certification is an internationally recognized credential for project managers. The certification indicates: +XP Education Experience Competency Skill The certification is administered by the Pranagement Institute (PMI), USA

6. What is the PMP Certification? Moreover: The Project Management Professional (PMP) Certification is an internationally recognized credential for project managers. The certification indicates: +XP There are more than 10,00,000 PMP certification holders around the world PMP certified individuals earn 25% more than non-certified individuals Education Experience Competency Skill The certification is administered by the Pranagement Institute (PMI), USA

7. What is the PMP Certification? A PMP certification also has the following advantages: Helps you make a better project manager Shows your commitment to the profession Globally accepted Better salary than non-certified individuals Helps increase your network strength You speak the appropriate jargon

8. Now, let’s talk about the official guide that can help you become a project management professional!

9. What is the PMBOK? 1996 <-> 2013 The first edition of the PMBOK Guide was published in 1996, its fifth and most recent edition was published in 2013 • The Project Management Body of Knowledge or PMBOK is a collection of • processes, • best practices, • terminologies and • guidelines • accepted as standards within the industry The PMBOK Guide is published by the Project Management Institute

10. What is the PMBOK? 1996 <-> 2017 The first edition of the PMBOK Guide was published in 1996, its sixth and most recent edition was published in 2017 • The Project Management Body of Knowledge or PMBOK is a collection of • processes, • best practices, • terminologies and • guidelines • accepted as standards within the industry The PMBOK Guide is published by the Project Management Institute

11. Eligibility Criteria for PMP Certification There are two eligibility requirements to become PMP Certified:

12. Eligibility Criteria for PMP Certification There are two eligibility requirements to become PMP Certified: Option 1 Secondary degree 7500 hours leading and directing projects 35 hours of project management education

13. Eligibility Criteria for PMP Certification There are two eligibility requirements to become PMP Certified: Option 1 Option 2 Four-year degree Secondary degree 4500 hours leading and directing projects 7500 hours leading and directing projects 35 hours of project management education 35 hours of project management education

14. Project Management Framework The Process Management Process Map is combination of: 5 Process Groups 10 Knowledge Areas 49 Process

15. Project Management Framework This is what the alignment looks like. The Process Management Process Map is combination of: 5 Process Groups 10 Knowledge Areas 49 Process

16. Project Management Framework As you can see, there are 5 process groups and 10 knowledge areas. Let’s have a look at each one of them The Process Management Process Map is combination of: 5 Process Groups 10 Knowledge Areas 49 Process

17. Project Management Process Groups These process groups detail the necessary requirements that need to be satisfied to ensure that project resources are used efficiently. These represent the chronological phases that all projects go through Initiating Planning Executing Monitoring and Control Closing

18. Project Management Process Groups These process groups detail the necessary requirements that need to be satisfied to ensure that project resources are used efficiently. These represent the chronological phases that all projects go through Initiating • Involves the processes, activities and skills needed to define the beginning of the project • Setting up permits, authorizations and initial work orders in place are important for the effective and logical progress of the project, and success across all project phases • Clearly setting up the phases for the work to be completed, initializing teams and having a well thought out budget are very important Planning Executing Monitoring and Control Closing

19. Project Management Process Groups These process groups detail the necessary requirements that need to be satisfied to ensure that project resources are used efficiently. These represent the chronological phases that all projects go through Initiating Planning • It sets process to define the project scope, set strategic plans, to plan team needs and set up priority lists. • It also clarifies the goals and expectations, while putting in place the infrastructure to achieve the goals keeping with timeline and budgetary restrictions Executing Monitoring and Control Closing

20. Project Management Process Groups These process groups detail the necessary requirements that need to be satisfied to ensure that project resources are used efficiently. These represent the chronological phases that all projects go through Initiating Planning • It involves managing teams, while handling time expectations and achieving benchmarking goals • Team concerns are addressed, while work is ensured to be completed on time and within budget Executing Monitoring and Control Closing

21. Project Management Process Groups These process groups detail the necessary requirements that need to be satisfied to ensure that project resources are used efficiently. These represent the chronological phases that all projects go through Initiating Planning • This process group involves • Processing change orders • Addressing on-going budget considerations • Handling unexpected circumstances that could hamper the team’s ability to meet the initial project expectations Executing Monitoring and Control Closing

22. Project Management Process Groups These process groups detail the necessary requirements that need to be satisfied to ensure that project resources are used efficiently. These represent the chronological phases that all projects go through Initiating • This process group addresses the culmination of project management skills shown throughout the other interconnected processes that guided the project • All aspects of the process are closed, and all the necessary paperwork is submitted • It can lead to great reviews and word of mouth referrals in the future Planning Executing Monitoring and Control Closing

23. Project Management Process Groups Now, let’s have a look at each of the knowledge areas and the different processes within them These process groups detail the necessary requirements that need to be satisfied to ensure that project resources are used efficiently. These represent the chronological phases that all projects go through Initiating • This process group addresses the culmination of project management skills shown throughout the other interconnected processes that guided the project • All aspects of the process are closed, and all the necessary paperwork is submitted • It can lead to great reviews and word of mouth referrals in the future Planning Executing Monitoring and Control Closing

24. Project Management Knowledge Areas Knowledge areas, which are necessary for effective project management can take place during any of the explained process groups Project Integration Management Project Resource Management Project Scope Management Project Communications Management Project Risk Management Project Schedule Management Project Cost Management Project Procurement Management Project Quality Management Project Stakeholder Management

25. Project Management Knowledge Areas Knowledge areas, which are necessary for effective project management can take place during any of the explained process groups Project Integration Management Project Resource Management Project Scope Management Project Communications Management Project Risk Management Project Schedule Management Project Cost Management Project Procurement Management Project Quality Management Project Stakeholder Management

26. Project Management Knowledge Areas Knowledge areas, which are necessary for effective project management can take place during any of the explained process groups Project Integration Management Project Resource Management Project Scope Management Project Communications Management Project Risk Management Project Schedule Management Project Cost Management Project Procurement Management Project Quality Management Project Stakeholder Management

27. Project Management Knowledge Areas Knowledge areas, which are necessary for effective project management can take place during any of the explained process groups Project Integration Management Project Resource Management • Project integration management includes plans to develop a project charter (a document that sets up the project and assigns a project manager) created during the initiation phase • A project management plan is also created, which is a roadmap for the entire project to become a success. • The project plan, once approved by stakeholders and sponsors, is monitored and tracked through a change log • It also directs and manages the project work. This process is monitored, analyzed and reported to identify and control any changes or problems that could be encountered Project Scope Management Project Communications Management Project Risk Management Project Schedule Management Project Cost Management Project Procurement Management Project Quality Management Project Stakeholder Management

28. Project Management Knowledge Areas The processes within the Project Integration Management are: Project Integration Management Project Resource Management Develop Project Charter Develop Project Management Plan Direct and Manage Project Work Manage Project Knowledge Monitor and Control Project Work Perform Integrated Change Control Close Project or Phase Project Scope Management Project Communications Management Project Risk Management Project Schedule Management Project Cost Management Project Procurement Management Project Quality Management Project Stakeholder Management

29. Project Management Knowledge Areas Knowledge areas, which are necessary for effective project management can take place during any of the explained process groups Project Integration Management Project Resource Management Project Scope Management Project Communications Management Project Risk Management Project Schedule Management Project Cost Management Project Procurement Management Project Quality Management Project Stakeholder Management

30. Project Management Knowledge Areas Knowledge areas, which are necessary for effective project management can take place during any of the explained process groups Project Integration Management Project Resource Management • This area deals with the work of the project. It involves plan scope management, an important part of the project management plan. • The collection of requirements of the product or service also take place in this stage • The scope of the project is also defined in a scope statement. This is expected to undergo change over the course of the project • The scope is validated during the project, ensuring that the deliverables are approved by sponsors or stakeholders Project Scope Management Project Communications Management Project Risk Management Project Schedule Management Project Cost Management Project Procurement Management Project Quality Management Project Stakeholder Management

31. Project Management Knowledge Areas The processes within the Project Scope Management are: Project Integration Management Project Resource Management Plan Scope Management Collect Requirements Define Scope Create WBS Validate Scope Control Scope Project Scope Management Project Communications Management Project Risk Management Project Schedule Management Project Cost Management Project Procurement Management Project Quality Management Project Stakeholder Management

32. Project Management Knowledge Areas Knowledge areas, which are necessary for effective project management can take place during any of the explained process groups Project Integration Management Project Resource Management Project Scope Management Project Communications Management Project Risk Management Project Schedule Management Project Cost Management Project Procurement Management Project Quality Management Project Stakeholder Management

33. Project Management Knowledge Areas Knowledge areas, which are necessary for effective project management can take place during any of the explained process groups Project Integration Management Project Resource Management • The project is divided into tasks, each with their own start dates and deadlines and budgets. These are revised as the project moves forward • A schedule for the project and determining who’s responsible for what. • The tasks are placed in a sensible order, and the dependencies between each of them are noted • Once sequenced, the resources required for the tasks are estimated and assigned. The time required for each of these tasks are also determined • It is also ensured that the plan is plan is going accordingly Project Scope Management Project Communications Management Project Risk Management Project Schedule Management Project Cost Management Project Procurement Management Project Quality Management Project Stakeholder Management

34. Project Management Knowledge Areas The processes within the Project Schedule Management are: Project Integration Management Project Resource Management Plan Schedule Management Define Activities Sequence Activities Estimate Activity Durations Develop Schedule Control Schedule Project Scope Management Project Communications Management Project Risk Management Project Schedule Management Project Cost Management Project Procurement Management Project Quality Management Project Stakeholder Management

35. Project Management Knowledge Areas Knowledge areas, which are necessary for effective project management can take place during any of the explained process groups Project Integration Management Project Resource Management Project Scope Management Project Communications Management Project Risk Management Project Schedule Management Project Cost Management Project Procurement Management Project Quality Management Project Stakeholder Management

36. Project Management Knowledge Areas Knowledge areas, which are necessary for effective project management can take place during any of the explained process groups Project Integration Management Project Resource Management • This involves the project budget. Good estimation tools need to make sure that the funds are within the needs of the project and stakeholders/ sponsors are kept informed • It will determine how the budget can be established, how it can change, and how it can be controlled • Considering all the task costs and combining them would determine the project budget. These costs then need to be controlled to ensure they remain within their allowed limits Project Scope Management Project Communications Management Project Risk Management Project Schedule Management Project Cost Management Project Procurement Management Project Quality Management Project Stakeholder Management

37. Project Management Knowledge Areas The processes within the Project Cost Management are: Project Integration Management Project Resource Management Plan Cost Management Estimate Costs Determine Budget Control Costs Project Scope Management Project Communications Management Project Risk Management Project Schedule Management Project Cost Management Project Procurement Management Project Quality Management Project Stakeholder Management

38. Project Management Knowledge Areas Knowledge areas, which are necessary for effective project management can take place during any of the explained process groups Project Integration Management Project Resource Management Project Scope Management Project Communications Management Project Risk Management Project Schedule Management Project Cost Management Project Procurement Management Project Quality Management Project Stakeholder Management

39. Project Management Knowledge Areas Knowledge areas, which are necessary for effective project management can take place during any of the explained process groups Project Integration Management Project Resource Management • Although part of the project management plan, if it contains the quality specifications for the product/ service, it can be a standalone document • Quality assurance needs to be ensured to make sure standards are being met Project Scope Management Project Communications Management Project Risk Management Project Schedule Management Project Cost Management Project Procurement Management Project Quality Management Project Stakeholder Management

40. Project Management Knowledge Areas The processes within the Project Quality Management are: Project Integration Management Project Resource Management Plan Quality Management Manage Quality Control Quality Project Scope Management Project Communications Management Project Risk Management Project Schedule Management Project Cost Management Project Procurement Management Project Quality Management Project Stakeholder Management

41. Project Management Knowledge Areas Knowledge areas, which are necessary for effective project management can take place during any of the explained process groups Project Integration Management Project Resource Management Project Scope Management Project Communications Management Project Risk Management Project Schedule Management Project Cost Management Project Procurement Management Project Quality Management Project Stakeholder Management

42. Project Management Knowledge Areas Knowledge areas, which are necessary for effective project management can take place during any of the explained process groups Project Integration Management Project Resource Management • This area will help identify roles within your project team and their requirements for those positions. It will also include how they fit into the overall structure of the project • Then, to acquire project team members, employees can be taken from other departments, or by getting new hires • The team needs to be monitored to ensure everyone’s satisfied and there are no internal conflicts Project Scope Management Project Communications Management Project Risk Management Project Schedule Management Project Cost Management Project Procurement Management Project Quality Management Project Stakeholder Management

43. Project Management Knowledge Areas The processes within the Project Resource Management are: Project Integration Management Project Resource Management Plan Resource Management Estimate Activity Resources Acquire Resources Develop Team Manage Team Control Resources Project Scope Management Project Communications Management Project Risk Management Project Schedule Management Project Cost Management Project Procurement Management Project Quality Management Project Stakeholder Management

44. Project Management Knowledge Areas Knowledge areas, which are necessary for effective project management can take place during any of the explained process groups Project Integration Management Project Resource Management Project Scope Management Project Communications Management Project Risk Management Project Schedule Management Project Cost Management Project Procurement Management Project Quality Management Project Stakeholder Management

45. Project Management Knowledge Areas Knowledge areas, which are necessary for effective project management can take place during any of the explained process groups Project Integration Management Project Resource Management • This area informs the team and stakeholders about the project • The communications system is determined, along with how its done, and how often it’s done • Managing communications also involved reviewing how effective they are and adjusting them regularly Project Scope Management Project Communications Management Project Risk Management Project Schedule Management Project Cost Management Project Procurement Management Project Quality Management Project Stakeholder Management

46. Project Management Knowledge Areas The processes within the Project Communication Management are: Project Integration Management Project Resource Management Plan Communications Management Manage Communications Monitor Communications Project Scope Management Project Communications Management Project Risk Management Project Schedule Management Project Cost Management Project Procurement Management Project Quality Management Project Stakeholder Management

47. Project Management Knowledge Areas Knowledge areas, which are necessary for effective project management can take place during any of the explained process groups Project Integration Management Project Resource Management Project Scope Management Project Communications Management Project Risk Management Project Schedule Management Project Cost Management Project Procurement Management Project Quality Management Project Stakeholder Management

48. Project Management Knowledge Areas Knowledge areas, which are necessary for effective project management can take place during any of the explained process groups Project Integration Management Project Resource Management • This area will identify how the risks are itemized, categorized and prioritized in a risk register • The risks are prioritized, and qualitatively analyzed based on their impact on the project, like budget, schedule and other components • In case the risks become issues, a response needs to set up in advance, with an owner who can ensure the issue is handled • Risks can also be controlled by reviewing the risk register and removing the risks that no longer impact the project Project Scope Management Project Communications Management Project Risk Management Project Schedule Management Project Cost Management Project Procurement Management Project Quality Management Project Stakeholder Management

49. Project Management Knowledge Areas The processes within the Project Risk Management are: Project Integration Management Project Resource Management Plan Risk Management Identify Risks Perform Qualitative Risk Analysis Perform Quantitative Risk Analysis Plan Risk Responses Implement Risk Responses Monitor Risks Project Scope Management Project Communications Management Project Risk Management Project Schedule Management Project Cost Management Project Procurement Management Project Quality Management Project Stakeholder Management

50. Project Management Knowledge Areas Knowledge areas, which are necessary for effective project management can take place during any of the explained process groups Project Integration Management Project Resource Management Project Scope Management Project Communications Management Project Risk Management Project Schedule Management Project Cost Management Project Procurement Management Project Quality Management Project Stakeholder Management