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.
What are the formal and informal policies, procedures, and guidelines that could impact how the project’s scope is managed?
A. Organizational process assets
B. Enterprise environmental factors
C. Project management processes
D. Project scope management plan
Which basic quality tool explains a change in the dependent variable in relationship to a change observed in the corresponding independent variable?
A. Cause-and-effect diagram
C. Control chart
D. Scatter diagram
Mary is the project manager for her company. She’s working with the project team to compress the project schedule as the project must be completed by December 30. For some of the project activities, she and the project team have agreed to crash the project work. What must be true of these project activities for crashing to be acceptable?
A. The activities must be of fixed duration.
B. The activities must be effort-drive.
C. The activities must not be susceptible to the Law of Diminishing Returns.
D. The activities must be risk-free.
Crashing is the addition of project resources to complete effort-driven activities in faster time. By adding more labor the activity can be completed faster. Crashing is a schedule compression technique to obtain the greatest amount of compression for the least incremental cost. Crashing works for activities where additional
resources will shorten the duration. Approving overtime, bringing in additional resources, paying to expedite delivery to activities on the critical path are examples of crashing.
Answer option A is incorrect. An activity of fixed duration, such as printing 100,000 brochures in a printing press, won’t be completed faster by adding more effort.
Answer option D is incorrect. Activities need not be risk-free to use project crashing.
Answer option C is incorrect. All effort-driven activities are susceptible to the Law of Diminishing Returns. By adding more labor the value of the yield of the work decreases because of the cost of the labor added to the project work.
A company it ttartng to introduce Agile practcet, and the project manager hat been atked to identfy how to introduce the new procett. The project manager’t inital plan thould be to:
A. Intttute daily ttandup meetngt immediately.
B. Communicate the Agile Manifetto to the team.
C. Balance teaching principlet with Agile practcet.
D. Rate the team’t progrett in learning new methodt.
Alice is the project manager of the NHQ Project and is entering the project’s closing processes. The project, she has managed, has been for another organization in a contractual relationship. Her organization requires Alice to complete performance reviews of the project team, review the deliverables with the project customer, and to obtain formal signoff of the project deliverables. There may be other conditions and activities that Alice likely will need to do in this final project phase. Where can Alice check regarding this project?
A. Project Integration Plan
B. Project Contract
C. Project Quality Control procedures
D. Project Communications Management Plan
Which of the following best describes a core belief of Agile?
A. The best customer feedback comes near the end of the project when there is working software to review.
B. Project status can be gauged by frequently reviewing completed milestones as reflected in the plan.
C. Working solutions are the most accurate way of seeing the progress of the effort.
D. Unique skill sets are harnessed when team members play different roles on a project.
Organizational planning impacts projects by means of project prioritization based on risk, funding, and an organizations:
A. Budget plan
B. Resource plan
C. Scope plan
D. Strategic plan
Which Control Stakeholder Engagement tool or technique allows the project manager to consolidate and facilitate distribution of reports?
A. Information management systems
B. Work performance reports
C. Stakeholder analysis
D. Data gathering and representation
You are the project manager of the GHE Project. You have identified the following risks with the characteristics as shown in the following figure: How much capital should the project set aside for the risk contingency reserve?
Contingency reserves are estimated costs to be used at the discretion of the project manager to deal with anticipated, but not certain, events. These events are “known unknowns” and are part of the project scope and cost baselines. The contingency reserve is calculated by multiplying the probability and the impact for the risk event value for each risk event. The sum of the risk events equals the contingency reserve for the project. Note that Risk D is a positive risk amount.
Answer option C is incorrect. This value is the sum of the risk events if you did not include Risk D as a positive risk value.
Answer option A is incorrect. This is a sum of the risk event.
Answer option B is incorrect. This is a sum of the risk events without including Risk D as a positive risk event.
You are the program manager for your organization and you are preparing to launch several constituent projects within your program. You need to ensure that each project manager is authorized to utilize the appropriate project and program resources in order to complete the project requirements. What document do you need to create for each constituent project in your program to ensure that each project manager can use the appropriate resources?
A. Project charter
B. Project scope statement
C. Project resource requirements document
D. Roles and responsibilities chart