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.

PMI-SP | Your project is supposed to be 60 percent… 0

Question: 29

You are the project manager of a project that has a budget of $675,000 and you have completed 40 percent of the project work. Your project is supposed to be 60 percent complete but you are actually only 40 percent complete. Due to some errors, however, you have actually spent $335,000 of the budget. Management wants to know what the project’s cost performance index (CPI) is. What value do you report?

A. -$135,000
B. .67
C. .81
D. -$65,000

Answer: C

Explanation:

Cost performance index (CPI) is used to calculate performance efficiencies. It is used in trend analysis to predict future performance. CPI is the ratio of earned value to actual cost. The CPI is calculated based on the following formula: CPI = Earned Value (EV) / Actual Cost (AC) If the CPI value is greater than 1, it indicates better than expected performance, whereas if the value is less than 1, it shows poor performance. The CPI value of 1 indicates that the project is right on target. In this instances it is $270,000 divided by $335,000 for a CPI of .81. Answer option B is incorrect. .67 is actually the schedule performance index. Answer option D is incorrect. -$65,000 is the cost variance for the project. Answer option A is incorrect. -$135,000 is the schedule variance of the project.

PgMP | You are the program manager for your organization… 0

Question: 30

You are the program manager for your organization that utilizes vendors from several different organizations. A vendor has submitted an invoice for the work they have completed in your program. You have reviewed the work results and agree with the vendor that their contractual obligation is complete. What should you do next in regard to the vendor’s invoice?

A. Approve the payment request
B. Finalize the performance report
C. Examine the contract
D. Complete a financial audit of the work

Answer: A

PMI-SP | Holly is the project manager for her organization… 0

Question: 28

Holly is the project manager for her organization. In her project, she has worked with the project team to define when the project team will be utilized in the project, the duration of the project activities, and the sequence in which the project work must be completed. During several phases of her project, the project team will need to work more than fifty hours per week. The project team members have agreed this is necessary and they’re willing to do the work to complete the project.
Management, however, has not approved Holly’s schedule based on the overtime the scheduling will require. They have set a limit on the project schedule of 45
hours per week. What is this limit technically called? Each correct answer represents a complete solution. Choose all that apply.

A. Constraint
B. Assumption
C. Execution variance analysis
D. Resource leveling heuristic

Answer: A, D

Explanation:

Resource leveling is a rule of limiting the total number of hours a project team may work during a given time period in the project. If management restricts the project work to 45 per week, as in this example, Holly’s schedule will likely increase because the project team can’t complete as much work in one given time period. While this may be seen as a constraint, because it limits Holly’s options, it’s technically called a resource leveling heuristic.
Answer option B is incorrect. It is an assumption that’s believed to be true, but it hasn’t been proven to be true.
Answer option C is incorrect. Execution variance analysis describes the difference between what was planned and what was executed. A better term for this
experience would simply be a scope variance, scope change, or defect.

PMI-200 | A company it startling to introduce Agile practice… 0

Question: 34

A company it startling to introduce Agile practice, and the project manager has been asked to identify how to introduce the new protect. The project manager’t initial plan should be to:

A. Intubate daily stand up meeting immediately.
B. Communicate the Agile Manifesto to the team.
C. Balance teaching principle with Agile practice.
D. Rate the team’s progress in learning new method.

Answer: C