Project management has always been a critical job in the business world, and it is only becoming more so as time passes. Employers will require 87.7 million people to work in project management-related jobs by 2027. To meet this growing demand, 71 percent of worldwide firms now have a project management office, up from nearly 15% in 2007. Individuals with project management skills have a bright future ahead of them.
If you're thinking about pursuing the project management profession, you're probably curious about the many tasks and duties you'll have once you've obtained your certification. We'll look at what project managers do in detail, including important tasks and how long to study for PMP certification so you can decide if it's the perfect job for you.
Know more about importance of project charter.
What is PMP?
The Project Management Institute's (PMI) PMP certification is a professional certificate. Its popularity continues to drive the demand for project management professional training course. The PMI certification is the most well-known and widely accepted professional project management certificate in the world. For hiring, almost all of the world's leading companies and organizations prefer certified PMPs.
PMP certification is a validation for a specific degree of knowledge in the project management sector, not proof of expertise or competency. However, to become a PMP certified professional, PMI requires relevant experience or education.
What is The Work Profile of a Project Manager?
Project managers (PMs) are in charge of planning, organizing, and supervising the execution of strategic projects for an organization while ensuring that they are finished on schedule, within budget, etc.
Project managers can alter an organization's direction by directing complicated initiatives from start to finish, reducing costs, maximizing corporate efficiencies, and increasing revenue.
The PMP profession is ever evolving to keep pace with changing requirements, nature of solutions, and the complexity of collaborations to successfully deliver projects, and the PMP exam tests a candidate’s preparedness for and depth of understanding of a wide range of concepts. No wonder then, that it takes extensive preparation, study plans, mock tests, and more to clear. One effective way to enhance your PMP exam preparation is by enrolling in a top PMP bootcamp. By integrating theoretical learning with practical exercises and real-world case studies, top PMP bootcamps provide a holistic approach to project management education. Let’s look at what goes into preparing for the PMP Exam.
What is New PMP Exam?
The PMP test is divided into 3 parts known as domains. Each domain is worth a certain percentage of the entire PMP test. The three domains on the PMP test are as follows:
- Business Environment
The PMP test consists of 200 questions. 175 of the 200 questions are scored, while 25 remain unscored (pre-test questions). Each domain consists of a set number of exercises that will put applicants to the test on various skills.
|No of Tasks
- Conflict Management
- Project Planning
- Risk Management
- Project Compliance
- Project Evaluation
- External Business Environment
The Steps to Apply for PMP Exam?
To be eligible to take the exam, you must first require training. To apply for certification, you must have 35 hours of authorized PM training. Understanding key concepts may take longer than necessary if you have not received training on the PMP syllabus.
Follow the steps to apply for PMP exam?
|Any with a graduation Degree with 36 months of experience leading projects AND 35 hours of project management training
|Any with high school diploma or an associate's degree, with 60 months of experience leading projects AND 35 hours of project management training
- Submit relevant information supporting your experience and training
- Visit pmi.org and start the application process. Save the application.
Upon reviewing your application, the conduction body will determine whether you are qualified and then charge you PMP exam fee as mentioned below.
- Member Price: US$405
- Non-Member Price: US$555
Your test can be scheduled at a testing site near you (or online), once you've been approved to take it.
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Time Required for PMP Exam Preparation
How long to study for PMP
There is no set schedule for studying for the PMP exam. The amount of time it takes to study for the PMP exam differs from person to person. Around 80% of PMP test questions are situational. To pass them, you'll need to improve your knowledge and grasp of the topics to meet the exam's requirements.
For a PMP candidate with adequate experience and formal PMP training, which might take 2–3 months, 100–150 hours of self-preparation is required. However, only a few people were cleared within three weeks of the certificate course in project management, and others took months. I believe it varies from person to person.
Resources and Tips to Prepare For The Updated Exam
PMP Exam Tips
Master the PMBOK Handbook
The PMP exam is heavily based on the PMBOK Guide. Take advantage of this and use the guide as a road map for your study. Start with the handbook and then on to further study materials. This will aid your knowledge of each topic, while other study aids frequently repeat the information and present the same issue from a new perspective. Taking it a step further, divide the PMBOK Guide's knowledge areas and study one process per day. This will assist you in developing a detailed study plan for daily/weekly study goals.
Attempt to comprehend concepts thoroughly, and study them with attention and focus. This is crucial since the PMP exam questions will assess your ability to apply these theories, principles, and ideas. Many queries are contextual descriptions of an issue. They give sufficient material for you to arrive at the right answer, but they also add irrelevant information to intentionally throw you off track.
The PMBOK Guide by PMI has a wealth of material, and each section is highly affected by the one before it. That is why, before moving on to the next section, you must ensure that everything in the previous one is clear to you.
If you prefer a classroom atmosphere or require more one-on-one engagement, PMP test prep seminars are a fantastic solution. These are excellent opportunities to meet other aspiring project management professionals in your area, in addition to networking through a PMI membership. Another advantage of these seminars is that they usually satisfy the 35-contact-hours requirement for applying to take the PMP test.
Group sessions and discussion boards can be quite beneficial in helping you prepare for the PMP exam. As an active participant in study groups and discussion forums, you may assist others in passing the exam, get your issues and questions handled, learn more about a variety of beneficial resources, and cut down on the time it takes to prepare for the exam.
PMP simulators are online versions of practice PMP exams. They put the candidate through a series of questions that are identical to those on the PMP exam. They also seek to simulate the exam environment so that you become used to the timing and pressure. They're a good way to see how prepared you are.
PMP Exam Resources
- Flashcards: Flashcards are a great way to learn the language and ideas that will be covered in the exam quickly. Here you can find a fantastic flashcard tool. You may find it easier to utilize the cards if you print them out.
- Knowledgehut: The knowledgehut project management professional training course will help you improve your project management self-efficacy and delivery strategies, preparing you to manage a variety of projects of varying sizes, scopes, and budgets. Their very engaging instructors will walk you through the whole PMP Exam preparation process. Their subject matter experts are industry specialists who know how to make their topics interesting to produce a memorable and valuable learning experience.
- Set the Time-table Now!
Now that you know how long you'll need to study for the PMP, you may make a study schedule for yourself. Remember that the sooner you begin studying for the exam, the more likely you are to pass; nonetheless, you should not spend more than 3-4 months studying. Your memory will fail you, and you may lose interest in the situation altogether. Last but not least, it's not about how much time you spend studying, but about how well you understand the materials.
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You should study hard for the exam irrespective of how vast your project management experience or education is. PMP exam Prep includes a variety of resources that can be obtained through a class, self-study, or a study group to help you prepare for the Project Management Institute's PMP Certification Exam.
PMP candidates are strongly advised to invest in PMP preparation. The majority of successful PMP candidates study for the exam for an average of 35 hours or more. This is because the Project Management Institute's PMP exam is the world's leading project management certification, consisting of 180 multiple-choice questions that demonstrate your leadership skills and experience in project management. Preparing for the exam is the key to ensuring that you qualify and pass it.
Frequently Asked Questions (FAQs)
1. Can you prepare for PMP in 30 days?
Yes, it is not simple to pass the Project Management Professional (PMP) test in 30 days, but it is extremely achievable if you study diligently. Many students have passed the exam in less than 30 days in the past.
2. What does PMBOK stand for?
The project management body of knowledge guide (PMBOK Guide) was developed in response to a requirement to define and acquire broad consensus on the project management body of work. Project management experts and practitioners have emphasized essential components of this body of knowledge in the PMBOK Guide, which is not intended to be exhaustive. The handbook has grown over the years as the project management discipline has, and it now incorporates what the profession views to be universally accepted excellent project management practices.