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The 7 Principles of PRINCE2®

There is a wide range of project management methodologies available in the market, but PRINCE2® is one of the most widely used project management methods that has been used by the enterprises and businesses in more than 150 countries. One of the sheer benefits of the PRINCE2® method is that it can be applied to different projects, irrespective of their sizes and business verticals. It is noticeable that the PRINCE2® project management method can be used in IT as well as non-IT projects too. It is a comprehensive project management method that can be applied to any project irrespective of their geographical location, industry sector and project size.  The PRINCE2® courses cover basic four elements: themes, processes, principles and project management. There are some impeccable benefits of a PRINCE2® certification for candidates. There are two major types of certification available in the PRINCE2® project method: PRINCE2® Foundation Qualification PRINCE2® Practitioner Qualification The foundation program is a basic course that covers basic principles and themes for supporting individuals who work in a project environment supported by PRINCE2®. Candidates who belong to engineering and technology can go for this Foundation qualification course.  The PRINCE2® Practitioner qualification course is an advanced course that covers all the aspects of the PRINCE2® method including themes, processes, principles and project management. You will get a comprehensive introduction to the PRINCE2® project management method. There are some institutes that also train candidates for PRINCE2® management roles that are essential when the project is very big and complex. Here, the managers will be able to complete the project by assigning roles and responsibilities to the team members effectively and will be able to complete the project in a coordinated, consistent and superior manner. These courses are designed by experienced trainers who have years of experience and expertise in the domain and have a proven track record in the PRINCE2® project management. All you need to do is hire the best institute that offers the best PRINCE2® course and also helps in the placement activities too. There are businesses and enterprises that ask for candidates with a PRINCE2® certification; either foundation or practitioner certification. If you have this credential in your resume, it will improve your chance to get a job. All you need to do is to search for the right institute on the internet or your local business directory and that is all.  What is PRINCE2® and why it is so popular amongst businesses? Projects in Controlled Environments, PRINCE2® is a high-quality project management method that has carved a niche for itself by offering superior project management processes, no matter how big or small your project is. It adds streamlined, controlled project management principles and themes that help managers to manage and control projects easily and effectively.  You might still wonder whether PRINCE2® is the right tool for project management. What are the benefits of it? Why should you implement it on your current project management tools? To make things easier, we will discuss 7 principles of PRINCE2® method in details here. It is a process-based method that helps businesses to manage the project from start to finish. As we all know, before starting a project, it is important to plan it to avoid last-minute hurdles and hindrances. With the help of the PRINCE2® method, all the stages of the project are clearly described, roles and responsibilities are assigned to the teams and control and management of the project are easier to track. 7 principles of the PRINCE2® 1. Continued business justification: No matter which project you are working on, your project must have a clear justification including a clear requirement, a defined customer, feasible and scalable benefits and a complete cost assessment. This is the primary principle of the PRINCE2®. It helps you to stay focused on the project and you will be able to drive all your efforts to the common goal of the project- the desired goals and outcomes. 2. Learn from experience: Also, it is important that all the experiences are recorded for the future course of actions. Furthermore, it will help teams to learn from their mistakes and they will be able to finish projects with more dedication and expertise as they have learned lessons. All the stages and their outcomes are recorded in the PRINCE2® environment to make consistent and reliable learning.  3. Defined roles and responsibilities: When the team members have a clear understanding of their roles and responsibilities, it becomes easy for them to work with dedication and it also improves their productivity and performance too. With a PRINCE2® management method implementation, you would be able to define the roles and responsibilities of each team member to work more efficiently and effectively with unparalleled outcomes. 4. Manage by stages: Also, projects are completely broken in different sections and stages to manage them more effectively and accurately. Once the stage is over, it is reviewed by the superiors and learning will be recorded for the future course. This further helps management to ensure that the project is on its track and there are no loopholes involved in it. 5. Manage by exception: Board members are senior executives who have major roles and responsibilities in the organization and they cannot allocate time for the project on a daily basis. What they will be able to do is to define baseline requirements and assign them to the project manager. Some of the measurable elements of the project are time, cost, risk assessment, scopes, and others. If there are any issues such as project running late or is not on the track or goes out of budget, the project manager will take appropriate actions. However, there are some issues that might impact the establishment. Such issues are exceptions and here, board members intervene and make decisions. 6. Focus on the product: Also, teams are there to ensure that the deliverables are measured accurately and precisely and meet the project objectives. Superior quality control is the main thing that is always checked and compared with the requirements. 7. Tailor to suit the project: Different projects have different tailored requirements and with the PRINCE2® environment, tailored approach for each project is possible. The PRINCE2® method will be able to cater to your custom needs by adjusting different aspects of the method such as a number of team members, the amount of oversight and stage planning. Why PRINCE2®? What 2 stands for? There are chances that you might wonder what 2 stands for the PRINCE2® method. Well, the original PRINCE version was developed and introduced in the late 1980s specifically to manage IT projects. However, in 1996, the approach was reviewed and updated as per the latest issues and hindrances faced by the project management teams across the globe. A team of experienced project management specialists of more than 150 public and private organisations worked and updated the version and developed a new version that is more effective, efficient and accurate. The latest version is more improved and precise that addresses almost all the issues in a very defining manner. This latest version is called PRINCE2®. The number of roles in PRINCE2® PRINCE2® There are a total of three core roles: the project board, the project manager and the team. However, there are additional supplemental roles defined to make the project management more streamlined and linear.  We will discuss the total of 7 roles in PRINCE2® The customer The customer is the one who owns the project and is paying the organization for the project to be completed.  The user The user is one who will use the deliverables of the project or one who will be impacted by the outcome of the project. Sometimes, the user and the customer are the same people. The supplier A supplier is a person who possesses the expertise to complete the project and is responsible for delivering the best outcomes decided by the customer. He offers the knowledge and skills to complete the project. The project manager A project manager is a person who will monitor and control the complete project. The project manager is a very special person who is responsible for completing the project successfully. From planning, organizing and controlling the work, everything will be done by the project manager. Also, the project manager will be responsible for forming the team and assigning roles and responsibilities to the team members and overseeing the work assigned to them. The project manager will also ensure that the project gets completed in the required timeframe and the outcomes are measurable and accurate as per the customer’s requirements. The project team and team managers The project teams are the ones who will perform the duties and tasks assigned to them effectively and efficiently. There might be one team or multiple teams to perform various tasks and actions. Teams might have a separate team leader who is responsible to ensure that the given tasks are completed in time. The administrator If the project size is small, the project manager will take responsibility of the administrator. However, in big and complex projects, the administrator is required. The administrator will be responsible for the setting up of meetings, tracking of the daily deliverables, updating everyone involved with the projects about important instructions and specifications about the project. A separate project support office is established to ensure that the project runs smoothly and completes in a given timeframe. The project board includes multiple people such as the customer, the end user and the supplier. There are three perspectives that are checked by the project board: The viability of the project is defined and checked by the customer to ensure that the project is important and should continue. The user ensures that all the needs are being met to complete the project on time. The supplier has a major responsibility. They will ensure that the project is running in the right direction and is offering a practical solution to the issue. The 7 phase process for the PRINCE2® project management method. Here, we will break the complete project management process in 7 parts to understand it more clearly.  1.Starting up a project Here, a customer submits a project requirement called the project mandate. It is a brief introduction to the needs and objectives of the project. The organization will access the project requirements and will make sure whether the company is able to complete the project or not. Once the project is approved, the customer will give a more detailed brief including actions, resources and other crucial information to complete the project.  2. Project direction Now the organization managers will check out the viability and justification of the project by reviewing and evaluating the project brief. They will assign a project manager and other necessities to complete the project. 3. Project initiation The project initiation document will be prepared by the project manager. The document will cover a comprehensive plan and six different factors including cost, quality, scope, time, risk and advantages.  The documents will be sent to the project board for approval and once the board approves the plan, the project will start.  4. Stage controlling The whole project will be broken into different stages and to complete these, teams will be formed and assigned responsibilities.  The project manager will map the process for each project stage and will take actions when any hindrances and loopholes arise.  5. Product delivery management The main responsibility of the project manager is to compare the deliverables and expectations from the project board. They will ensure that the deliverables meet the expectations.  Once the project is completed, the board will review it and ask for revisions and changes if needed.  6. Stage boundaries management The manager and the board will evaluate and review the deliverables at each project stage to ensure that the project is going in the right direction. 7. Project closing Once the project is completed, the project manager will close threads such as documentation, outcomes and reporting. The PRINCE2® is a very effective and superior project management method as it offers impeccable opportunities to the project board and the project manager to track the success of the project at each stage of the project.
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The 7 Principles of PRINCE2®

10076
The 7 Principles of PRINCE2®

There is a wide range of project management methodologies available in the market, but PRINCE2® is one of the most widely used project management methods that has been used by the enterprises and businesses in more than 150 countries. One of the sheer benefits of the PRINCE2® method is that it can be applied to different projects, irrespective of their sizes and business verticals. It is noticeable that the PRINCE2® project management method can be used in IT as well as non-IT projects too. It is a comprehensive project management method that can be applied to any project irrespective of their geographical location, industry sector and project size. 

The PRINCE2® courses cover basic four elements: themes, processes, principles and project management. There are some impeccable benefits of a PRINCE2® certification for candidates. There are two major types of certification available in the PRINCE2® project method:

The foundation program is a basic course that covers basic principles and themes for supporting individuals who work in a project environment supported by PRINCE2®. Candidates who belong to engineering and technology can go for this Foundation qualification course. 

The PRINCE2® Practitioner qualification course is an advanced course that covers all the aspects of the PRINCE2® method including themes, processes, principles and project management. You will get a comprehensive introduction to the PRINCE2® project management method. There are some institutes that also train candidates for PRINCE2® management roles that are essential when the project is very big and complex. Here, the managers will be able to complete the project by assigning roles and responsibilities to the team members effectively and will be able to complete the project in a coordinated, consistent and superior manner.

These courses are designed by experienced trainers who have years of experience and expertise in the domain and have a proven track record in the PRINCE2® project management. All you need to do is hire the best institute that offers the best PRINCE2® course and also helps in the placement activities too.

There are businesses and enterprises that ask for candidates with a PRINCE2® certification; either foundation or practitioner certification. If you have this credential in your resume, it will improve your chance to get a job.

All you need to do is to search for the right institute on the internet or your local business directory and that is all. 

What is PRINCE2® and why it is so popular amongst businesses?

Projects in Controlled Environments, PRINCE2® is a high-quality project management method that has carved a niche for itself by offering superior project management processes, no matter how big or small your project is. It adds streamlined, controlled project management principles and themes that help managers to manage and control projects easily and effectively. 

You might still wonder whether PRINCE2® is the right tool for project management. What are the benefits of it? Why should you implement it on your current project management tools? To make things easier, we will discuss 7 principles of PRINCE2® method in details here.

It is a process-based method that helps businesses to manage the project from start to finish. As we all know, before starting a project, it is important to plan it to avoid last-minute hurdles and hindrances. With the help of the PRINCE2® method, all the stages of the project are clearly described, roles and responsibilities are assigned to the teams and control and management of the project are easier to track.

7 principles of the PRINCE2®

Principles of PRINCE2

1. Continued business justification:

No matter which project you are working on, your project must have a clear justification including a clear requirement, a defined customer, feasible and scalable benefits and a complete cost assessment. This is the primary principle of the PRINCE2®. It helps you to stay focused on the project and you will be able to drive all your efforts to the common goal of the project- the desired goals and outcomes.

2. Learn from experience:

Also, it is important that all the experiences are recorded for the future course of actions. Furthermore, it will help teams to learn from their mistakes and they will be able to finish projects with more dedication and expertise as they have learned lessons. All the stages and their outcomes are recorded in the PRINCE2® environment to make consistent and reliable learning. 

3. Defined roles and responsibilities:

When the team members have a clear understanding of their roles and responsibilities, it becomes easy for them to work with dedication and it also improves their productivity and performance too. With a PRINCE2® management method implementation, you would be able to define the roles and responsibilities of each team member to work more efficiently and effectively with unparalleled outcomes.

4. Manage by stages:

Also, projects are completely broken in different sections and stages to manage them more effectively and accurately. Once the stage is over, it is reviewed by the superiors and learning will be recorded for the future course. This further helps management to ensure that the project is on its track and there are no loopholes involved in it.

5. Manage by exception:

Board members are senior executives who have major roles and responsibilities in the organization and they cannot allocate time for the project on a daily basis. What they will be able to do is to define baseline requirements and assign them to the project manager. Some of the measurable elements of the project are time, cost, risk assessment, scopes, and others. If there are any issues such as project running late or is not on the track or goes out of budget, the project manager will take appropriate actions. However, there are some issues that might impact the establishment. Such issues are exceptions and here, board members intervene and make decisions.

6. Focus on the product:

Also, teams are there to ensure that the deliverables are measured accurately and precisely and meet the project objectives. Superior quality control is the main thing that is always checked and compared with the requirements.

7. Tailor to suit the project:

Different projects have different tailored requirements and with the PRINCE2® environment, tailored approach for each project is possible. The PRINCE2® method will be able to cater to your custom needs by adjusting different aspects of the method such as a number of team members, the amount of oversight and stage planning.

Why PRINCE2®? What 2 stands for?

There are chances that you might wonder what 2 stands for the PRINCE2® method. Well, the original PRINCE version was developed and introduced in the late 1980s specifically to manage IT projects. However, in 1996, the approach was reviewed and updated as per the latest issues and hindrances faced by the project management teams across the globe. A team of experienced project management specialists of more than 150 public and private organisations worked and updated the version and developed a new version that is more effective, efficient and accurate. The latest version is more improved and precise that addresses almost all the issues in a very defining manner. This latest version is called PRINCE2®.

The number of roles in PRINCE2®

PRINCE2®

The number of roles in PRINCE2®

There are a total of three core roles: the project board, the project manager and the team. However, there are additional supplemental roles defined to make the project management more streamlined and linear. 

We will discuss the total of 7 roles in PRINCE2®

  • The customer

The customer is the one who owns the project and is paying the organization for the project to be completed. 

  • The user

The user is one who will use the deliverables of the project or one who will be impacted by the outcome of the project. Sometimes, the user and the customer are the same people.

  • The supplier

A supplier is a person who possesses the expertise to complete the project and is responsible for delivering the best outcomes decided by the customer. He offers the knowledge and skills to complete the project.

  • The project manager

A project manager is a person who will monitor and control the complete project. The project manager is a very special person who is responsible for completing the project successfully. From planning, organizing and controlling the work, everything will be done by the project manager. Also, the project manager will be responsible for forming the team and assigning roles and responsibilities to the team members and overseeing the work assigned to them. The project manager will also ensure that the project gets completed in the required timeframe and the outcomes are measurable and accurate as per the customer’s requirements.

  • The project team and team managers

The project teams are the ones who will perform the duties and tasks assigned to them effectively and efficiently. There might be one team or multiple teams to perform various tasks and actions. Teams might have a separate team leader who is responsible to ensure that the given tasks are completed in time.

  • The administrator

If the project size is small, the project manager will take responsibility of the administrator. However, in big and complex projects, the administrator is required. The administrator will be responsible for the setting up of meetings, tracking of the daily deliverables, updating everyone involved with the projects about important instructions and specifications about the project. A separate project support office is established to ensure that the project runs smoothly and completes in a given timeframe.

The project board includes multiple people such as the customer, the end user and the supplier. There are three perspectives that are checked by the project board:

  1. The viability of the project is defined and checked by the customer to ensure that the project is important and should continue.
  2. The user ensures that all the needs are being met to complete the project on time.
  3. The supplier has a major responsibility. They will ensure that the project is running in the right direction and is offering a practical solution to the issue.

The 7 phase process for the PRINCE2® project management method.

The 7 phase process for the PRINCE2® project management method.

Here, we will break the complete project management process in 7 parts to understand it more clearly. 

1.Starting up a project

Here, a customer submits a project requirement called the project mandate. It is a brief introduction to the needs and objectives of the project. The organization will access the project requirements and will make sure whether the company is able to complete the project or not.

Once the project is approved, the customer will give a more detailed brief including actions, resources and other crucial information to complete the project. 

2. Project direction

Now the organization managers will check out the viability and justification of the project by reviewing and evaluating the project brief. They will assign a project manager and other necessities to complete the project.

3. Project initiation

The project initiation document will be prepared by the project manager. The document will cover a comprehensive plan and six different factors including cost, quality, scope, time, risk and advantages. 

The documents will be sent to the project board for approval and once the board approves the plan, the project will start. 

4. Stage controlling

The whole project will be broken into different stages and to complete these, teams will be formed and assigned responsibilities. 

The project manager will map the process for each project stage and will take actions when any hindrances and loopholes arise. 

5. Product delivery management

The main responsibility of the project manager is to compare the deliverables and expectations from the project board. They will ensure that the deliverables meet the expectations. 

Once the project is completed, the board will review it and ask for revisions and changes if needed. 

6. Stage boundaries management

The manager and the board will evaluate and review the deliverables at each project stage to ensure that the project is going in the right direction.

7. Project closing

Once the project is completed, the project manager will close threads such as documentation, outcomes and reporting.

The PRINCE2® is a very effective and superior project management method as it offers impeccable opportunities to the project board and the project manager to track the success of the project at each stage of the project.

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Advantages Of A PRINCE2 Certification - KnowledgeHut 02 Jan 2017

[…] for the PRINCE2 certification can also broaden your mind as a whole. Principles of PRINCE2 encourage you to analyse a problem from all angles, which help in enhancing problem solving […]

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What's Next After PMP Certification?

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Such certification can boost your existing career manyfold and equip you with in-depth knowledge about the better management of the organizational tasks and deadlines with more experience and confidence.  The requirement and aftermath of PMP completion The main question that arises is what you need to do after completing the PMP certification. If you have already completed the PMP Certification, it does not mean that you have already completed your pursuance of excellence. Achieving a PMP certification means that you have entered into the growing world of the effective project managers that is an ever growing community of effective managers. So after you get the PMP certification you need to maintain PDU. So what is PDU? PDU or Professional Development Units are the credentials that you need to earn to maintain your certification of the PMP for three years. It is one of the compulsory parts and parcel of the Continuation Certification Program of Project Management Institute. So you can see that PMP earning is the first stepping stone for what makes you an expert in managing the projects. You need to earn a specified number of PDU in order to maintain the credential of you PM in the period of three years cycle. Depending on the number of PDU, you can opt for the below-mentioned certifications post PMP. Initially, in order to maintain the PMP, you need a number of PDUs in a three-year cycle which is 60 PDU. After earning 60 PDU s you can opt for the Project Management Professional Course by applying with your 60 earned PDU credits. If you are interested in handling the management of your schedules in your organization’s project then you can go for the Scheduling Professional Course or PMI-SP for which you need to earn 30 PDUs.  The Risk Management Professional Course is the one which involves the use of the Risk Management module to provide your insight about the tackling of the issue in case any emergency arises in the project. 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Being well-organized helps to stay focused on the big picture and to prioritize your own tasks and responsibilities.With regards to exhibiting your outcomes, you ought to have the capacity to recuperate all the important information and demonstrate an intelligible vision of a venture to be executed.8. They Own ProficiencyProficiency and thorough knowledge – they both can be said basic yardsticks on the basis of which a leader’s or manager wisdom or excellence can be weighed. Being on top of your projects entails a vast amount of industry knowledge to be effective in what you do.Some learning on the money related and legitimate side of your tasks won’t hurt either. You should be seen as able and skilled by your group.9. They are Great Problem Solver!The good project managers work with a team of experts or consultants and use their mastery of handling issues in most effective ways.Nobody will anticipate that you will have a prepared answer for every single issue; you should have the capacity to utilize the knowledge of your team members and stakeholders to produce a collective response to any problems you experience on your way to delivering a project.10. They Know What is CollaborationThis is the last and the most important trait that should exist within every good project manager or leader. A grip of group progression is fundamental on the off chance that you need your group to work easily on your ventures.When building up your group, remember this: contentions and contradictions will undoubtedly happen; as a pioneer, you’ll have the capacity to intervene them and ensure all you colleagues progress in the direction of a similar objective.11. Should Possess Good Negotiation SkillsIt is important for a project manager to possess good negotiation skills. Further, this skillset plays a pivotal role to resolve the conflicts by settling the issue and maintain harmony in the team.12. Managing the Project Life CycleThere are numerous life cycle phases involved in a project. In the early years the practice of project management focused on planning and controlling the execution of projects which has now moved to including the conceptual phases and project portfolio management that provides needed linkage between strategic growth management of the organisation and project management. A project manager must be capable of linking the strategic growth management of the organisation and project management.13. Achieving the Project BenefitsThe success of a project is measured by the benefits that it delivers in terms of output. A project manager should be capable of ensuring that the team focuses on benefits delivery and not just merely completing their project on time and within budget.How do these Qualities Help to Tackle Project Constraints?Before moving forward, let us understand the constraints which a project manager should watch out for. The constraints are:Scope: It defines the needs of the customers as well as the requirements expressed and implied.Time: The customers want their projects to be delivered by an agreed date.Quality: It can be defined as the standard that a project is expected to be delivered.Resources: This denotes the amount of money, budget or resources available for spending on the project.These are not the only constraints in a project. The following are few of the important reasons for failure of the project:Lack of user involvementLong or unrealistic time scalesPoor or no requirementsScope creepNo change control systemPoor testing The suggested qualities collaboratively help a project manager to avoid all these constraints and take ahead the project smoothly. Key TakeawaysCommunication, leadership, and problem-solving skills play a crucial role for an individual to become a good project manager. Moreover, he or she should be a good decision maker for smooth maneuvering of the project journey. Apart from these qualities, you should possess the following attributes in order to be a good project manager:IntegrityEnthusiasmEmpathyCompetenceAbility to delegate tasksStay cool under pressureTeam-building skillsProblem-solving skills.Demand for Project Managers Across the GlobeAccording to the PMI and Anderson Economic Group (AEG) analysis that analyses project-oriented employment opportunity in 11 countries on five continents representing developed or growing economic powers. Project-Related job growth is expected to be 33% collectively. The following chart explains it elaborately:CountriesProject Management Jobs in 2017Expected Project Management Jobs in 2027China34.9 million46 millionIndia14.7 million21.7 millionUnited States6.7 million8.8 millionJapan3.4 million3.8 millionBrazil1.9 million2.4 millionGermany1.9 million2 millionUnited Kingdom1.0 million1.2 millionCanada690,184779,828Australia474,495574,399Saudi Arabia201,127228,077UAE73,35293,861On a concluding noteThere are certain attributes and characteristics that a project manager should possess while deploying various project management tools to keep all aspects of their projects organised. These characteristics make a project manager efficient to approach each project as its own unique entity. Further, with the rising demand for the project managers across the globe, the above-mentioned qualities will surely help you to gain your grip in the fast-paced market scenario. Wish you all the luck for your project management journey!
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Top Characteristics Of a Project Manager

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A Comprehensive Guide to PMP® Exam Preparation

Are you still trying to figure out a way to start preparing for your PMP® Exam? Fret not! This blog will guide you with some best practices that you should adopt while preparing for your PMP® exam. This will surely help you to successfully clear your PMP® certification exam.Every PMP® certification aspirant differs from one another in terms of experience and expertise. Similarly, every person has got a unique learning habit. Therefore, you should get your own study plan which is based on your personal learning likes and needs. But this doesn’t mean that you should get worried about developing the study plan as you can find a plethora of resources to cater the needs of exam candidates, both online and offline which allows you to come up with a plan which fits your specific needs, style of learning, and individual circumstances.6 best practices for your PMP® Exam preparationUsually, most of the successful PMP® candidates spend long hours preparing for their PMP® certification exam. So, you should make sure that you have plenty of time to prepare for your PMP® exam. You can adopt the following best practices to prepare for your PMP® certification exam:1.Review the PMP® Examination Content OutlinePMP® Examination content outline is an important document which will help you to do well with your PMP® exam. You should go through this document which is published by PMI® to find the following information:Break up of questions as per the Process areasList of skills, tasks, and knowledge which are required as per PMI’s Role Delineation study.Going through this credible document will give you a high-level idea of what all get covered in the PMP® exam. You should go through this once you feel that you have attained a reasonable command on the content covered by PMBOK® Guide or any other study guide which you are referring in order to ensure that you avoid any unwanted surprises while appearing for your PMP® certification exam.2.Take up a formal study course offered by any accredited Registered Education Provider (R.E.P)Project Management Institute (PMI) has approved a few organisations to offer project management training in order to establish a global network of quality education providers to help all the Project Management Professional (PMP®) credential aspirants and credential holders.Enrolling yourself in a PMP® training course is one of the best ways to prepare for your certification exam. The reasons are as follows:These courses provide tailor-made PMP study materials and best practices for the PMP exam.They give you a quick start in getting a grasp of various project management concepts, formulae, terminology, and other key inputs which help you to prepare for your PMP exam.You can also get the 35 contact hours certificate by taking up these training courses which is necessary for you to be eligible for the PMP® exam.3.Come up with a study planYou should start treating your PMP® certification as a project and prepare a plan which covers all the activities that would help you to get PMP® certified. But the core element in this plan is to have a well-defined study plan. You should break your study sessions into smaller chunks and prepare a study plan which includes timelines to read PMBOK®, practice mock tests, study various materials etc.4.Review the latest edition of PMBOK® Guide and self-study books published by other reputable training organisationsNo matter whatever reference material you want to study in order to prepare for your PMP® certification exam, the PMPBOK® Guide is the recommended study material for all the PMP® aspirants. The page number 61 of the guide contains a table that shows the relation between 13 Knowledge Areas and 5 Process Groups with 47 processes. It further explains how these are applicable to project management.As a candidate, you should be thorough with this table and draw this table on a piece of paper in 5 minutes while appearing for your exam. The same can be used as a reference in answering the 200 exam questions. Other than the PMBOK® Guide, you can also review other study guides published by R.E.P.s and other reputable training organisations.5.Get ready for your exam by practicing Mock TestsDo you want to check the status of your PMP® certification exam preparation? You can do that by taking PMP mock tests. These can help you to map the gaps in your project management knowledge. You can take a test and review the results to find the areas that you need to work on.Focusing on answering the questions by sitting at a place for four hours is not a piece of cake. Taking full-length mock tests helps you to prepare for such a physically daunting and mentally straining process. However, it is a very important drill for your PMP® certification exam. So, it’s better to take up these mock tests and prepare well for your big day.6.Study groupStudying in a group can prove to be quite helpful while you are preparing for your PMP® certification exam. Catch up with the like-minded PMP® aspirants to know about new tactics and get benefited in other ways by being a part of the study group. Few of the benefits are as follows:Studying in a group is the best escape from the monotony of studying alone.You can surely overcome the areas which you are struggling with.Helping others will also boost your confidence.Sharing project management experiences with others help you to crack the scenario based questions which is the trickiest part of the PMP® certification exam.It further helps you to stay on course and helps you to motivate each other in the group.The biggest advantage of studying in a group is that it forces you to study on a regular basis and makes the preparation activity a part of your routine.Tips and tricks to prepare for your PMP® examYou need to study numerous materials in order to crack your PMP® certification exam. But do you have access to the right books and materials? Every person has his or her own way of learning. The following ways will surely help you to become efficient in your study and get equipped with all the knowledge that you need to crack your PMP® exam:If you have access to the workshops conducted by PMI then that would be a big benefit for you. This will also help you to receive the bundle of 35 credit hours which are necessary to qualify for your PMP® application procedure. Attending a PMP® boot camp gives you access to numerous benefits. Few of them are:1.Review everything which you need to cover on the examEverybody is oblivious about what he or she is going to encounter during the PMP® certification exam. Whatever you will find in the exam is sure to be geared from the PMBOK®. This means you should be thorough with the PMBOK® guidelines to get PMP® certified at one go. But the PMBOK® consists of only 75% of what you will see in the exam. What about the rest? You need to seek for a PMP instructor’s guidance in order to fill the gap in learning to qualify your PMP® certification exam.2.Review how to study for the examAs discussed, the PMBOK® guide is a great resource for your PMP® certification exam. At times, even if the questions are lengthy with a situational circumstance, you need to bring it down to a rule that needs to be comprehended. Further, there are certain focus areas on which you need to invest more of your study time than others. It is always better to seek guidance from a professional rather than guessing what you should study.3.Informal questionsIf you lack the idea of how to implement cost, schedule, or risk structure, then it’s a great opportunity for you to understand it. You should learn to shed light on practical application using fundamental examples.You should change your study methods to prepare well for a continuously evolving exam process like the Project Management Professional (PMP)® exam. These days, this exam is based on PMBOK® Guide 6th edition and is a lot harder than it was in the past. The 4 partially correct choices which are provided for all the questions make it even confusing and raise the level of complication for the candidate.The following tricks are surely going to help you in shaping up your exam:Get aligned with the exam dynamics by spending 30 minutes every day on a free exam simulator.Follow the rule of 85%. Keep practicing mock exams until you score at least 85% in all the model exams. This indicates that you are ready to face the PMP® certification exam.Another important trick is to understand the ‘ITTO TRICK Sheet of 49 processes’ which you can find in the PMBOK® guide. This will really prove helpful to you in mapping all the processes inputs, outputs, tools, and techniques.In order to rightly utilize the 12 minutes after the exam, you need to read and memorize the Formula Trick Sheet. You need to print and paste the same on your desk in order to practice it every day because writing this after 4 hours exam will surely help you to track the questions and save significant time.You need to read and memorize the PMPBOK® 6th Edition 49 Process Chart. Print and paste the same on your desk and practice it every day until you can draw the chart within 8 minutes.To wrap it upWhen you begin with your preparation for PMP® certification, you should remember that attaining the PMP® certification shows your commitment to the profession of project management and demonstrates your credibility to earn more as well as raising the value of your resume above the non-certified professionals. Keeping these points in mind will surely help you to avoid getting discouraged during your certification process.You can also learn more about PMP® certification hereThis blog throws light on a few best practices along with some tips and tricks to smoothly proceed with your PMP® journey. It is important for you to set a standard time for your studies other than having a thorough understanding of the PMBOK® guide. So, start clearing your calendar to fit in your daily study time as PMP® needs a lot of thorough studies and is not an easy path to success.
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A Comprehensive Guide to PMP® Exam Preparation

Are you still trying to figure out a way to start ... Read More