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The PMP Exam: How to Pass on Your First Try

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This book has been fully updated for the Jan 2021 PMP exam, including the all-important agile content. The PMP Exam: How to Pass on Your First Try provides all the information project managers need to thoroughly prepare for & pass the test. This comprehensive study resource includes: Coverage of predictive, agile, and hybrid approaches, as well as all the processes, inputs, tools, and outputs to be tested, and insider secrets. A complete guide for the PMP certification exam also includes test tricks and tips, links to more than 60 videos with explanations of concepts, 475 practice exam questions including end of chapter quizzes, a simulated final exam, and trial access to InSite (Velociteach's e-learning portal) with an extra 100 simulated practice exam questions. As the most complete, concise, and up-to-date study resource, Andy's book cuts down on the difficulty of obtaining the PMP certification and helps candidates pass the exam on the first try.

ISBN-13: 9781732055711

Media Type: Paperback

Publisher: Velociteach

Publication Date: 12-15-2020

Pages: 840

Product Dimensions: 8.50(w) x 10.75(h) x 1.60(d)

Series: Test Prep

In 2002, Andy Crowe, a leader in the IT project management industry, left his high-profile career to combine his passion for writing with his in-depth knowledge and experience as a Project Management Professional (PMP)®. He wanted to empower others to learn project management in a simple, dynamic way that also encouraged personal and professional growth. As a result, Andy has published one of the most respected books in the industry, The PMP® Exam: How to Pass on Your First Try, which has been reprinted 27 times in five editions and sold more than 250,000 copies worldwide. Among other titles, Andy is also the author of The PMI-ACP® Exam: How to Pass on Your First Try and Alpha Project Managers: What the Top 2% Know That Everyone Else Does Not, which is based on his landmark Alpha Study of over 5,000 project managers and stakeholders in the U.S. Fluent in both English and Spanish, Andy is a prolific writer and speaker with a focus on project management theory, curriculum development, and instructional delivery. He has taught classes in C++ for Microsoft University and advanced technology courses for the U.S. government, and he has served on Microsoft’s .NET international advisory committee. Andy is the founder and CEO of Velociteach, a project management training company based in Kennesaw, GA. He is a PMP® credential holder, a Program Management Professional (PgMP)®, an Agile Certified Practitioner (PMI-ACP)®, and a Six Sigma Black Belt.

Table of Contents

Forward ix

About the Author

About Velociteach

Introduction xxi

Conventions Used in this book

01 The Exam

What the Exam Tests 1

A Passing Grade 2

The Exam Material 3

Getting to the Test (Application) 5

Requirements to Apply with a College Diploma 6

Requirements to Apply without a College Diploma 6

Ongoing Education 6

The Testing Environment 7

The Time Limit 8

Question Formats 8

02 Foundational Concepts

Philosophy, Importance, Preparation 9

Essential Terms 10

Project Roles 18

Project Context 21

Common Inputs, Tools, Techniques, and Outputs 29

Understanding Agile 40

Methodologies 41

Traditional Waterfall Projects 42

The Agile Way 44

Predictive, Agile, and Hybrid Approaches 48

The Manifesto for Agile Software Development 50

Agile Principles 55

Team and Roles 61

Planning with Agile 64

Product Vision Statement 65

Personas and Extreme Personas Wireframes 66

Agile Themes User Stories and Story Cards 67

Story Maps 69

Features Minimally Marketable Feature Task 70

Value Streaming Mapping Rolling Wave Planning Test-First Development 71

Definition of "Done" 72

Agile Estimating 73

Wideband Delphi Estimating 74

Planning Poker 75

Affinity Estimating 76

Idea Time Iteration and Release Planning 78

Agile Modeling Timeboxing 80

Continuous Integration 81

Working with Agile 82

Ground Rules Servant Leadership 84

Which Approach is Best? 86

Summary 88

Foundational Terms and Concepts Questions and Answers 89

03 Process Framework

Importance, Preparation, Essential Terms, Organization 99

Process Group 1-initiating 104

Process Group 2-Planning 106

Process Group 3-Executing 108

Process Group 4-Monitoring & Controlling 109

Process Group 5-Closing 111

Processes of Project Management 112

04 Integration Management

Philosophy, Importance, Preparation, Processes 113

Develop Project Charter 117

Develop Project Management Plan 127

Direct and Manage Project Work 131

Manage Project Knowledge 134

Monitor and Control Project Work 137

Perform Integrated Change Control 142

Close Project or Phase 145

Agile Perspective 148

Integration Management Questions & Answers 151

05 Scope Management

Philosophy, Importance, Preparation, Processes 165

Plan Scope Management 168

Collect Requirements 170

Define Scope 177

Create WBS 181

Validate Scope 189

Control Scope 192

Agile Perspective 195

Scope Management Questions & Answers 198

06 Schedule Management

Philosophy, Importance, Preparation, Processes 213

Plan Schedule Management 217

Define Activities 219

Sequence Activities 224

Estimate Activity Durations 231

Develop Schedule 238

Control Schedule 249

Agile Perspective 254

Special Focus: Critical Path Method 256

Summary of Key Terms 264

Exercises & Answers 269

Schedule Management Questions & Answers 275

07 Cost Management

Philosophy, Importance, Preparation, Processes 289

Important Concepts 292

Plan Cost Management 293

Estimate Costs 295

Determine Budget 300

Control Costs 306

Agile Perspective 310

Special Focus: Earned Value 312

Exercises & Answers 324

Cost Management Questions & Answers 331

08 Quality Management

Philosophy, Importance, Preparation, Definition of Quality, Processes 347

Quality Terms and Philosophies 350

Plan Quality Management 356

Manage Quality 361

Control Quality 367

Agile Perspective 372

Quality Management Questions & Answers 374

09 Resource Management

Philosophy, Importance, Preparation, Processes 387

Plan Resource Management 391

Estimate Activity Resources 396

Acquire Resources 400

Develop Team 403

Manage Team 412

Control Resources 419

Agile Perspective 422

Resource Management Questions & Answers 425

10 Communications Management

Philosophy, Importance, Preparation, Processes, Project Manager's Role in Communications 437

Plan Communications Management 440

Manage Communications 448

Monitor Communications 451

Agile Perspective 454

Exercises & Answers 456

Communications Management Questions & Answers 458

11 Risk Management

Philosophy, Importance, Preparation, Processes 471

Plan Risk Management 474

Identify Risks 478

Perform Qualitative Risk Analysis 484

Perform Quantitative Risk Analysis 489

Plan Risk Responses 495

Implement Risk Responses 500

Monitor Risks 502

Agile Perspective 506

Risk Management Questions & Answers 509

12 Procurement Management

Philosophy, Importance, Preparation, Processes, Roles, Contracts 521

Plan Procurement Management 526

Conduct Procurements 531

Control Procurements 535

Agile Perspective 539

Procurement Management Questions & Answers 540

13 Stakeholder Management

Philosophy, Importance, Preparation, Processes 553

Identify Stakeholders 555

Plan Stakeholder Engagement 559

Manage Stakeholder Engagement 562

Monitor Stakeholder Engagement 565

Agile Perspective 568

Stakeholder Management Questions & Answers 570

14 How to Pass the PMP Exam

The PMP Exam 583

Reading the Questions 588

A Guessing Strategy 590

Spotting Tricks and Traps 591

Don't Get Stuck 595

Exam Time Management 596

Scratch Paper 596

Budgeting Your Time 597

Managing Your Review 598

General Advice 599

Managing Anxiety 603

Professional Conduct 604

15 Final Exam

Final Exam Questions 617

Final Exam Answers 700

Glossary of Terms 739

Index 797