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. Earning a PMI’s certification confidently, you must be convinced and confident about the Excellency of your study resource and material.

PMIexam.net is giving you a full confidence and encourages your step toward a PMI certification by facilitating you with best study material. Our braindumps are most up-to-date and proven by qualified experts. They are available in PDF file format and Online Exam Engine format also. PDF dumps have a wide range of exam questions to cover the whole course contents of certification exam. Your brilliant success is 100% guaranteed by preparing these exam dumps.

The Growth Of UK Services In Nearly Three-Year Low 0

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Dominant service sector in the UK weakened in February, recording its lowest growth rate in nearly three years, a survey has indicated.

The latest Markit index service managers / CIPS purchasing (PMI) fell to 52.7 last month, below the 55.6 reading in January.

Any figure above 50 indicates expansion, but the increase in service sector activity was the lowest since March 2013.
The service sector represents more than three quarters of the UK economy.

Research Markit / CIPS earlier this week put manufacturing and construction PMI 50.8 to 54.2.
“The smaller increase in service activity primarily reflects a slowdown in new business expansion,” according to the survey.

The head of Markit Chris Williamson economist said: “The survey responses indicate that companies are concerned about the signs of faltering demand, but the tables have also become disturbed by concerns about the increased risk of ‘Brexit’ volatility in financial markets and low economic growth and abroad. ”

He added that the extent of the slowdown would come as a “shock” for politicians and end talk of a possible rise in interest rates.

Williamson describes three readings of PMI in February as “a triple whammy disappointing news of the investigation.”

“Listless” economy

Last week, official figures confirmed the UK economy grew by 0.5% in the last three months of 2015, the service sector has shown that the key factor driving growth.

The National Bureau of Statistics said services “dynamic” offset a “relatively slow” the rest of the UK economy.

Signs of weakening growth in the UK economy have pushed the estimate of when the Bank of England could start raising interest rates.

Commenting on the latest PMI survey, Jeremy Cook, chief economist at First World, said: “The Bank of England’s May meeting had been viewed as a possible time for a rate increase, volatility in global markets and -infligée auto injuries. put referendum on the EU not paid for that month.

“We still believe, however, that some of the measures that provide the Bank of England keeps rates at 0.5% until 2020 is nothing short of absurd.”

Martin Beck, economic adviser to EY article Club, said the PMI readings provide “plenty of food for thought” for rate setting Monetary Policy Committee of the Bank of England.

He added: “Members will have to judge the degree to which the polls deflect a real slowdown in the growth of the company, or simply reacting to negative headlines since the beginning of the year Actually, growth may be softening, but perhaps no. strongly that the survey data suggest. ”

Meanwhile, a similar survey showed that companies in the euro area have had their worst month in more than a year, in February, reinforcing the case for further easing of monetary policy by the European Central Bank.

Markit PMI final composite, which is considered a good guide for growth, fell to 53 last month from 53.6 in January – its lowest level since early 2015.

However, it was better than the preliminary reading of 52.7 and well above the 50 mark that indicates growth.

What would be your next course of action once you determine the factors that created schedule overrun 0

Question: 6

You have recently taken over atroubled automobile project which has gone out of control. The project team missed many deadlines and stakeholders were not happy with the project progress. As an experienced project manager, your first priority is to bring the schedule into alignment with the project plan. You would like to use what-if scenario analysis to see how various factors affected the project schedule so that you can develop a plan to reduce the impact of adverse conditions on the project schedule in future. What would be your next course of action once you determine the factors that created schedule overrun?

A. Prepare a resource breakdownstructure to identify resources used
B. Update activity lists to incorporate new activities into the schedule
C. Generate change requests for a corrective action
D. Develop project schedule network diagrams to determine the total slack

Answer: C

Section: (none)
Explanation
Explanation/Reference:
C – You are in the process of determining the status of the project schedule and influencing the factors that caused schedule changes. Based on the scenario, you are currently in the Control Schedule process. What-if analysis is used in Control Schedule

Asian Markets Mostly Higher, Ignored The Weak Data From China 0

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Asian markets were mostly higher Tuesday as markets digest surprised by the central bank of China movement reduced the reserve ratio deposits of banks (RRR) to free liquidity, ignoring fresh negative economic data continent.

The benchmark Nikkei 225 in Japan retraced losses of more than 1 percent to trade nearly flat. The South Korean market is closed for a holiday.

Chinese markets oscillated between positive and negative after cutting RRR and worse than expected manufacturing data. In the business of the afternoon, the Shanghai Composite rose 0.44 percent, while increases Shenzhen composite was 0.59 percent. The Hang Seng index of Hong Kong added 0.40 percent.

Australia S & P / ASX 200 closed the trading day up 41.37 points, or 0.85 percent, to 4,922.30, with most earning sectors. The financial services sector largely weighted average closed up 1.6 percent, while the energy sector gained 1.81 percent.

Miners mostly recovered, with Rio Tinto gaining 2.66 percent to 6.37 percent and BHP Billiton Fortescue addition of 2.95 percent. Newcrest gold miner closed up 4.51 percent with a spot gold trading up 0.46 percent at $ 1,243.80 an ounce.

Elsewhere, the Reserve Bank of Australia kept its cash rate unchanged at a record low of 2 percent on Tuesday; The decision was widely expected by analysts. The Australian dollar did not react much against the dollar, with the pair from 0.7129 13:35 SIN / HK time against about $ 0.7122 before the data.

Before the market opened, Japan issued a series of economic data gave mixed signals. Household spending in January fell 3.1 percent year on year in real terms adjusted for price. The decline was stronger than the forecast of a decline of 2.7 percent from a Reuters poll. On the other hand, the seasonally adjusted unemployment rate in January fell to 3.2 percent, better than market expectations of 3.3 percent.

The yen remains strong against the dollar, which is on the handle 112. The pair traded down 0.12 percent to 112.53 at 1:37 pm HK / SIN. Exporters were mostly down, with Sony up 1.11 percent and Honda erasing losses to climb 0.14 percent. Usually, a stronger yen is negative for exporters as it reduces profits abroad by becoming local currency.

Data on the continent was also a concern. Chinese government data showed activity in large factories contracted for the seventh consecutive month in February. The index of purchasing managers official manufacturing (PMI) was 49.0, lower than the market forecast of 49.3. official manufacturing PMI reading was 49.4 in January. official China services PMI fell to 52.7 in February from 53.5 in January.

Caixin China manufacturing PMI, which tracks the activities of small and medium enterprises and released after the official report, reached a five-month low of 48.0 in February, down from 48.4 in January.
There were no sudden changes in Asian stocks after the release of economic data from Japan and China. But analysts warn that the rally in risk assets has worn look.

DBS bank in Singapore, in a Monday note “The global rally in risky assets could run out of fuel soon.”
The graph suggests lecture notes, or technicians, who had supported the current risk rally since early February, ambivalent look.

“Optimists could take to support policies or communication (ECB) from the policy meeting of the European Central Bank on March 10. And there is also the meeting of the Federal Open Market Committee (FOMC) of the Federal Reserve United States 15-16 March. However, nothing less than spectacular, the risk asset markets are likely to take down, “said the note.

Added to that, the lack of direction of the economy and the markets of the G-20 last week in Shanghai a few skeptics “meeting statement as an implicit admission of the failure of monetary policy,” DBS said.
Earlier, the People’s Bank of China (PBOC) set the midpoint at 6.5385 yuan per dollar, stronger than Monday’s 6.5452 yuan correction. The yuan strengthened against the dollar, trading the pair down 0.18 percent to 6.5409 from 09:40 HK / SIN.

Monday night local time, the central bank also cut its reserve ratio requirement (RRR). The RRR defines how much capital banks must hold in cash depositors, so the cutting speed allows more money to flow into the financial system. Reuters reported that the endpoint of the largest Chinese banks by 0.5 percentage points would have meant a proportion of 17 percent of reserves.

Goldman Sachs analysts in a separate note that in the very short term, cutting RRR can boost market confidence “, as this is the first major (and publicly announced) monetary easing since October 2015, against a correction and the context of oversold market is likely in the short term “.

But Goldman Sachs analysts said, the return path market is likely to “remain difficult in the medium term.”
Concerns about liquidity had caused Chinese markets to collapse last week. Monday, the Shanghai Composite closed 2.87 percent after falling more than 4 percent early in the session.

US crude retraced losses in afternoon trading, up 0.18 percent to $ 33.81 a barrel time of 13:39 HK / SIN, after settling 3 percent overnight.

The May contract for Brent crude was steady at $ 36.60, after settling 3.2 percent overnight.

During the hours of the US, the April contract before month global benchmark Brent closed up 87 cents, or 2.5 percent, to $ 35.97 a barrel before expiring and board.

Energy games across Asia were mostly higher time with Santos adding 3.63 percent, Woodside Petroleum up 1.78 percent and Japan Petroleum gained 2.2 percent.

Mainland China oil plays mainly traced losses, with Sinopec up 3.16 percent.

Overnight, the major US indices closed lower, the Dow Jones Industrial low 0.74 percent. The S & P 500 0.81 percent, while the Nasdaq composite fell 0.71 percent.

Best Project Management Certifications For 2016 0

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Project Management Certification have claimed a place in the main avenue of IT certification lists for the year.This is because project managers are important for the IT-operation of all kinds.If you are interested in an IT project managers are or want to add project management to the list of social skills,these 5 best certifications help supplement their technical skills and in return they increase their value.

If there are a number of soft skills,which has remained on the radar of IT in the last decade at the top,or at the point where almost and sought after as valuable as other credentials the top level management has project.Thanks in large part to the very popular and widely persecuted Project Management Professional (PMP) certification from the Project Management Institute (PMI),this area has,to an incredibly valuable credentials merit badges for IT professionals of all kinds,and expanded greatly better value and almost any other type of technical credentials.

If you’re wondering why this should be the case,think about what project management means and implies for a moment.It has everything to do with the planning,programming,budgeting,and implementation and reporting on the projects of all shapes and sizes.For anything and everything that is not understood,or as a project of some sort can be handled either as part of a class activity that occurs only once or very rarely (I think hardware upgrades or the operating system,or the migration to new platforms and infrastructures) or a periodic series of activities that are repeated periodically (think security patches,software updates or other regular maintenance) project Management for IT operations very important of all kinds.

According to the PMI Salary Survey,Eighth Edition,IT professionals who hold the PMP credential report median earnings worldwide of $108,000 annually.Depending on factors such as the complexity and size of the project,location and field of expertise (IT,construction,or healthcare,for example),or experience ,salaries for PMP credential holders may be much higher.The Robert Half Technology 2016 Salary Guide lists project management as one of the hot certifications for 2016,citing a salary range of $95,250 to $146,500 nationwide.This explains quite nicely why the PMP has appeared in nearly every top 10 list of popular,targeted or most desirable certifications since the early 2000s.

To give you an idea of the search for project management credentials employers potential candidates,we have a quick overview of some popular job boards (see Table 1).Obviously,the PMP is the overall favorite and remains our number 1 pick for must-have project management credentials.

Table 1: Job Board Survey Results

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