Qualifications: Project Manager, Authorized Training Partner with PMI, holds certifications in PMP, PMO, Generative AI, Six Sigma, Scrum, Agile, and Product Management.
Purpose of the Session: Discuss key points on understanding the role of a project manager and tips related to the PMBOK Guide.
Importance of Studying PMP
Knowledge Acquisition:
Gain a comprehensive understanding of project management principles.
Certification:
Achieve PMP certification to validate knowledge and skills.
Application of Knowledge:
Implement the learned methodologies and frameworks effectively in real projects.
PMBOK Guide and PMIS
Latest edition: 7th Edition
PMIS (Project Management Information System):
A framework to think, plan, execute, and control projects based on PMI standards.
Key Tricks for Project Managers
Trick 1: Handling Large and Complex Projects
Project managers should expect to manage larger projects with significant budgets (e.g., more than $20 million) and durations (e.g., over one year).
Example Question:
Scenario: Managing a $50 million infrastructure project facing supplier issues.
Primary Focus:
Develop a contingency plan (correct answer: C) to evaluate impacts and find alternatives, balancing cost and schedule.
Trick 2: Alignment with Organizational Goals
Projects should be selected based on their alignment with organizational goals rather than personal or team goals.
Example Question:
Selecting projects based on strategic objectives (correct answers: B and E).
Trick 3: Planning, Managing, and Controlling
Project managers should oversee all aspects of planning, managing, and controlling projects.
Key Concept:
Always have a plan, execute it, and control its outcomes.
Sample Questions and Answers
Contingency Plan Effectiveness:
Best Approach (Correct Answer: A): Monitor and adjust the contingency plan based on real-time feedback.
Before Executing a Contingency Plan:
Most Important Step (Correct Answer: D): Review the plan with key stakeholders to ensure it meets expectations.
Conclusion
Session Recap:
Focus on managing larger projects aligned with organizational goals.
Importance of planning and controlling project outcomes.
Next Steps:
Weekly sessions to cover more tricks and strategies related to project management.