Know how about PMI’s Certification
PMI (Project Management Institute) credentials are the most important industry-recognized certifications for IT professionals in the field of project management. Globally recognized and demanded, the PMI’s certifications demonstrate that you have the experience, education, and competency to lead and direct projects.
There are five different certifications offered by the PMI which are as follows:
1. PgMP: Program Management Professional
2. PMP: Project Management Professional
3. CAPM: Certified Associate Project Manager
4. PMI-SP: PMI Scheduling Professional
5. PMI-RMP: PMI Risk Management Professional
PMP certification is the most popular one among the five certifications offered by PMI. This is regarded as one of the most coveted and prestigious project management certifications in the world. Although it’s a difficult exam and costs are on the higher side, but there are many professional advantages of doing PMP and there is no doubt about that PMP can excel your career to new heights.
Benefits of achieving PMI's Certification
A PMI’s credential opens up great opportunities for IT professionals, on the career front. It expands your market scope and value, improves your project management skills, exhibits your ability to handle challenging projects, brings in critical projects for you, and increases your salary tremendously.
Here are the top 10 benefits of achieving this valuable Credential:
1. It is globally recognized and accepted credential.
2. It sets you apart from your non-credential peers.
3. Recognizes your project management skills worldwide.
4. Enhances your project management skills.
5. Empowers you with skills to Improve project performance.
6. Validates and displays your skills and experience in successfully completing challenging and critical industry-based projects.
7. Increases your value as a PMP and gives you the scope to lead, direct, and implement challenging projects.
8. Provides you greater job opportunities in the global project management scenario.
9. Attaining PMI credential expands your market reach by getting out to potential employers from across the globe.
10. Increases your salary noticeably.
Earn a PMI credential now and step ahead in your Project Management Career
I hope the above-given facts and information helps you to understand the benefits of passing PMI’s certification exam!! If you are looking for this valuable credential then, you should go for it as it can literally change your life.
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Agile communication is effective because:
A. release and iteration planning keep team members aligned, daily synchronization eliminates confusion, and iteration demonstrations keep the team focused on deliverables.
B. Agile communication methods focus on detailed, written requirements and specifications that are more complete and allow the team to manage change more effectively.
C. the use of charts and diagrams over written reports creates clear, targeted communication, and customer involvement in monthly reviews eliminates changes in requirements.
D. daily iteration planning allows change to be managed, and weekly standup meetings ensure that impediments are quickly identified and effectively managed or removed.
Technical capability, past performance, and intellectual property rights are examples of:
A. performance measurement criteria
B. source selection criteria
C. product acceptance criteria
D. phase exit criteria
Samuel works as a project manager in Bluewell Inc. He is performing constructibility analysis in one of the initial planning phases. Which of these does constructibility take into account during analysis? Each correct answer represents a complete solution. Choose three.
A. Quality inspections and compliance
B. Location, logistics, and resource availability analysis
C. Labor productivity studies from previous similar projects in the area
D. The average price of general labor in the area
Constructibility analysis takes into account the location, logistics, resource availability analysis, the average price of general labor in the area, and labor productivity studies from previous similar projects in the area. Constructibility analysis is a process that starts in the initial planning phases and persists all over the entire planning cycle and into the implementation phase of the project. Constructibility analysis during the planning process examines the methods and cost of installed equipment and materials, technology, site conditions, resources, and related infrastructure. The benefit of constructibility analysis is to reduce both the time and cost of a project. Constructibility analysis is repeatedly performed throughout the life-cycle of a project in order to optimize cost, plan, and schedule while mitigating risk. It is a very important process that needs to be performed early in planning to allow alternatives to be considered and integrated into the design.
A is incorrect. This comes under the quality assurance phase.
You are the program manager for your organization. When a project in your program is completed, who will need to sign the certificate of completion?
A. The project manager
B. The program customer
C. The program stakeholders
D. The project management team
An Agile team expects a velocity of 8. During sprint planning, the stories were estimated and prioritized in the following order:
Story A_4Story Points
Story B_2Story Points
Story C_3 Story Points
Story D_2Story Points
Which stories should the team include in Sprint 1, without splitting the stories?
A. Stories A, C, and D
B. Stories A, B, and C
C. Stories A, B, and D
D. Stories B, C, and D
Projects that share common outcomes, collective capability, knowledge, or skills are often grouped into a:
D. sub portfolio
Which stakeholder approves a project’s result?
D. Functional manager
Which of the following individuals performs various management roles within an administrative or functional area of the business, such as human resources, finance, accounting, or procurement?
B. Operations manager
C. Functional manager
D. Project manager
The role of a functional manager is to perform various management roles within an administrative or functional area of the business, such as human resources, finance, accounting, or procurement. He is assigned his own permanent staff to carry out the ongoing work. He should have a clear directive to manage all tasks within his functional area of responsibility.
Answer option D is incorrect. A project manager is an expert in the field of project management. He is responsible for the entire project from inception to completion. The project manager leads the team and helps negotiate the multiple relationships within any project whether with clients, team members, firm principals or any variety of partners and functions as the hub of a project.
Answer option A is incorrect. Seller is also known as a vendor, supplier or contractor. They are external company’s elements that enter into a contractual agreement to provide components or services necessary for the project.
Answer option B is incorrect. The role of operations manager is to perform various management roles in a core business area, such as research and development, design, manufacturing, provisioning, testing, or maintenance. The operations manager directly deals with constructing and maintaining the saleable products or services of the enterprise.
You are the project manager of the OOI Project and you’re forty percent complete with this project. The project has a BAC of $2,345,650 and you have spent $950,000 to date. Based on your aggressive scheduling you should at the 45 percent milestone today, but due to some early delays you’re running late. What is the schedule variance of your project?
You are program manager for the HYH Program. Your program governance is requiring you to use earned value management to predict how closely your program is tracking to the cost and schedule baselines and to predict overall program performance. Which earned value management formula can you use to predict how much more will need to be invested in the program based on current program performance?