{"id":187,"date":"2013-08-29T02:18:03","date_gmt":"2013-08-29T02:18:03","guid":{"rendered":"https:\/\/www.whizlabs.com\/pmblog\/?page_id=187"},"modified":"2022-06-03T01:55:26","modified_gmt":"2022-06-03T07:25:26","slug":"pmp-study-notes-series","status":"publish","type":"post","link":"https:\/\/www.whizlabs.com\/blog\/pmp-study-notes-series\/","title":{"rendered":"PMP Study Notes Series"},"content":{"rendered":"

PMBOK speaks about project management practices and standards in 5 Project Management Process Groups and 10 knowledge areas. All the project management process groups have all or some knowledge areas used or all the Knowledge areas were used in all or some process groups. Sorry, if it is confusing, but to keep it short, you can start preparing on process groups or on knowledge areas whichever is easy for you. On the first or second day of reading you should be able to make a decision which path to take, either start with process groups or with knowledge areas. Don\u2019t worry about that. For clarity, please refer to table 3.1 on Page 61 of PMBOK 5.<\/p>\n

The series of articles we planned to publish will help you in preparing for PMP in a very less time. These articles are prepared in a capsulated way to save your time in reading and understanding the concepts. Every article being published will also have sufficient questions at their end. Answering these questions will help you to understand the questioning pattern of the PMP exam and also test your understanding of the respective concept immediately after reading them. There will also be couples of articles on ITTO (Input, Output, Tools and Techniques).<\/p>\n

1. Introduction and Glossary of Project Management Terminology: <\/strong><\/p>\n

\"Project<\/a><\/p>\n

This topic comprises of 5 sub topics wrapped in a series of 5 thought provoking articles. You will also find adequate number of practice questions at the end of each article. The sub topics covered are<\/p>\n

    \n
  1. Mind set required from Project Managers & PMP Aspirants <\/a><\/li>\n
  2. Project\/Program\/Portfolio in PMI Terms<\/a><\/li>\n
  3. Different Roles in Project management – Covering various Industries<\/a><\/li>\n
  4. Responsibilities of a Project Manager<\/a><\/li>\n
  5. Social & Political Influences on project management<\/a><\/li>\n<\/ol>\n

    2. Project Management – A Business \/ Sponsor perspective:<\/strong><\/p>\n

    \"Sponsor<\/a><\/p>\n

    This topic will comprise of 2 sub topics in a series of 3 articles which will have sufficient number of practice questions at the end of the article. The sub topics covered are<\/p>\n

      \n
    1. Business Need & Value realization<\/a><\/li>\n
    2. Vision Formulation and aligning to the business value<\/a><\/li>\n<\/ol>\n

      3. Organizational Types & Their Influences on Project & Project Mgmt:<\/strong><\/p>\n

      \"Organizational<\/a><\/p>\n

      This topic comprises of 6 sub topics wrapped in a series of 6 thought provoking articles. You will also find adequate number of practice questions at the end of each article. The sub topics covered are<\/p>\n

        \n
      1. Defining and Identifying Organizational Type<\/a><\/li>\n
      2. Functional Organization<\/a><\/li>\n
      3. Matrix Organizations (weak, balanced, strong)<\/a><\/li>\n
      4. Projectized Organization<\/a><\/li>\n
      5. Organizational Process<\/a><\/li>\n
      6. Enterprise Environmental Factors and Their Influence<\/a><\/li>\n<\/ol>\n

        4. PM Process Groups:<\/strong><\/p>\n

        \"4-PM-Process-Groups_L\"<\/a><\/p>\n

        This topic comprises of 6 sub topics wrapped in a series of 6 thought provoking articles. You will also find adequate number of practice questions at the end of each article. The sub topics covered are<\/p>\n

          \n
        1. Initiation<\/a><\/li>\n
        2. Planning<\/a><\/li>\n
        3. Execution<\/a><\/li>\n
        4. Monitoring & Controlling <\/a><\/li>\n
        5. Closing<\/a><\/li>\n<\/ol>\n

          5. PM Knowledge Areas:<\/strong><\/p>\n

          \"PM<\/a><\/p>\n

          This topic comprises of 10 sub topics wrapped in a series of 22 thought provoking articles. You will also find adequate number of practice questions at the end of each article. The sub topics covered are<\/p>\n

            \n
          1. Integration Management – Part 1<\/a> and Part 2<\/a><\/li>\n
          2. Scope Management – Part 1<\/a>, Part 2<\/a> and Part 3<\/a><\/li>\n
          3. Time Management – Part 1<\/a> and Part 2<\/a><\/li>\n
          4. Cost Management – Part 1<\/a> and Part 2<\/a><\/li>\n
          5. Quality Management – Part 1<\/a> and Part 2<\/a><\/li>\n
          6. Human Resource Management – Part 1<\/a> and Part 2<\/a><\/li>\n
          7. Communication Management – Part 1<\/a> and Part 2<\/a><\/li>\n
          8. Risk Management – Part 1<\/a>, Part 2<\/a> and Part 3<\/a><\/li>\n
          9. Procurement Management – Part 1<\/a> and Part 2<\/a><\/li>\n
          10. Stake Holder Management – Part 1<\/a> and Part 2<\/a><\/li>\n<\/ol>\n

            6. <\/b>Knowledge Areas vs Process Groups Mapping Chart:<\/b><\/p>\n

            \"Knowldge-Areas-vs-Process-Group\"<\/a><\/p>\n

            This topic does not have any sub topics it is mainly aimed to identify how process groups and knowledge areas are related or performed in one another. Read more \u00bb<\/a><\/strong><\/p>\n

            7. ITTO – Project Management Mathematics- Initiation:<\/strong><\/p>\n

            \"<\/a><\/p>\n

            This topic comprises of 11 sub topics wrapped in a series of 4 thought provoking articles. You will also find adequate number of practice questions at the end of each article. The sub topics covered are<\/p>\n

              \n
            1. Benefits Measurement<\/li>\n
            2. Constrained Optimization<\/li>\n
            3. Cost – Benefit Ratio<\/li>\n
            4. Opportunity Cost<\/li>\n
            5. Sunk Cost<\/li>\n
            6. Depreciation<\/li>\n
            7. Return on Sales<\/li>\n
            8. Return on Investments<\/li>\n
            9. Working Capital Ratio<\/li>\n
            10. Break Even Analysis<\/li>\n
            11. Make or Buy decision making<\/li>\n<\/ol>\n

              The 4 articles on these topics are:<\/p>\n

                \n
              1. Project Selection Methods \u2013 Part 1 <\/a><\/li>\n
              2. Project Selection Methods \u2013 Part 2<\/a><\/li>\n
              3. Project Selection Methods \u2013 Part 3<\/a> <\/li>\n
              4. Project Selection Methods \u2013 Part 4<\/a><\/li>\n<\/ol>\n

                8. ITTO – Project Management Mathematics \u2013 Planning<\/strong><\/p>\n

                \"<\/a><\/p>\n

                This topic comprises of 9 sub topics wrapped in a series of 4 thought provoking articles. You will also find adequate number of practice questions at the end of each article. The sub topics covered are<\/p>\n

                  \n
                1. Risk Probability Calculation<\/li>\n
                2. Expected Monetary Value<\/li>\n
                3. Decision Tree<\/li>\n
                4. Project Cost Estimation<\/li>\n
                5. Critical Path and Float<\/li>\n
                6. Crashing \/ Fast Tracking<\/li>\n
                7. PERT, SD, Variance<\/li>\n
                8. Contract Cost Estimation<\/li>\n
                9. Point of Total Assumption<\/li>\n<\/ol>\n

                  The 4 articles on these topics are:<\/p>\n

                    \n
                  1. Project Management Mathematics (Planning) \u2013 Part 1<\/a><\/li>\n
                  2. Project Management Mathematics (Planning) \u2013 Part 2<\/a><\/li>\n
                  3. Project Management Mathematics (Planning) \u2013 Part 3<\/a> <\/li>\n
                  4. Project Management Mathematics (Planning) \u2013 Part 4<\/a><\/li>\n<\/ol>\n

                    9. ITTO – Project Management Mathematics \u2013 Execution:<\/strong><\/p>\n

                    \"Project<\/a><\/p>\n

                    This topic comprises of 2 sub topics wrapped in a series of 2 thought provoking articles. You will also find adequate number of practice questions at the end of each article. The sub topics covered are<\/p>\n

                      \n
                    1. Earned Value Management \u2013 Analysis<\/a>.<\/li>\n
                    2. Earned Value Management \u2013 Forecasting<\/a><\/li>\n<\/ol>\n

                      10. ITTO – Project Management Mathematics – Monitoring & Control:<\/strong><\/p>\n

                      \"Project<\/a><\/p>\n

                      This topic comprises of 15 sub topics wrapped in a series of 4 thought provoking articles. You will also find adequate number of practice questions at the end of each article. The sub topics covered are<\/p>\n

                        \n
                      1. Beta Distribution<\/li>\n
                      2. Triangular Distribution<\/li>\n
                      3. Uniform Distribution<\/li>\n
                      4. Normal \/ Bell Distribution<\/li>\n
                      5. Control Charts<\/li>\n
                      6. Bar Charts<\/li>\n
                      7. Histograms<\/li>\n
                      8. Pareto Charts<\/li>\n
                      9. Cause & Effect Diagrams<\/li>\n
                      10. Run Charts<\/li>\n
                      11. Scattered Diagrams<\/li>\n
                      12. Statistical Sampling<\/li>\n
                      13. Flow Charts<\/li>\n
                      14. Inspection<\/li>\n
                      15. Check Sheets.<\/li>\n<\/ol>\n

                        The 4 articles on these topics are:<\/p>\n

                          \n
                        1. ITTO \u2013 Monitoring & Control \u2013 Part 1<\/a><\/li>\n
                        2. ITTO \u2013 Monitoring & Control \u2013 Part 2<\/a><\/li>\n
                        3. ITTO \u2013 Monitoring & Control \u2013 Part 3<\/a><\/li>\n
                        4. ITTO \u2013 Monitoring & Control \u2013 Part 4<\/a><\/li>\n<\/ol>\n

                          11. ITTO – Project Management Mathematics \u2013 Closing:<\/strong><\/p>\n

                          \"Project<\/a><\/p>\n

                          This topic comprises of no sub topics. The article covers points like Measures of central tendency (mean, median and mode) + Data Dispersion (SD, Variation, Change). You will also find adequate number of practice questions at the end of this article. Read more \u00bb<\/a><\/strong><\/p>\n

                          12. Tips for PMP Exam:<\/strong><\/p>\n

                          \"Tips<\/a><\/p>\n

                          This is a general article which will give some hints for PMP aspirants about the PMP Exam, pattern of the questions, Tips for PMP preparation etc.<\/p>\n

                          Read more \u00bb<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

                          PMBOK speaks about project management practices and standards in 5 Project Management Process Groups and 10 knowledge areas. All the project management process groups have all or some knowledge areas used or all the Knowledge areas were used in all or some process groups. Sorry, if it is confusing, but to keep it short, you can start preparing on process groups or on knowledge areas whichever is easy for you. On the first or second day of reading you should be able to make a decision which path to take, either start with process groups or with knowledge areas. Don\u2019t […]<\/p>\n","protected":false},"author":145,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[26],"tags":[1238],"class_list":["post-187","post","type-post","status-publish","format-standard","hentry","category-project-management","tag-pmp-study-notes"],"uagb_featured_image_src":{"full":false,"thumbnail":false,"medium":false,"medium_large":false,"large":false,"1536x1536":false,"2048x2048":false,"profile_24":false,"profile_48":false,"profile_96":false,"profile_150":false,"profile_300":false,"tptn_thumbnail":false,"web-stories-poster-portrait":false,"web-stories-publisher-logo":false,"web-stories-thumbnail":false},"uagb_author_info":{"display_name":"Sparsh Goyal","author_link":"https:\/\/www.whizlabs.com\/blog\/author\/sparsh\/"},"uagb_comment_info":0,"uagb_excerpt":"PMBOK speaks about project management practices and standards in 5 Project Management Process Groups and 10 knowledge areas. 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