Project Management Professional (PMP) 6th edition PMBOK – January 2, 2021 examination update

More About Project Management Professional (PMP) 6th edition PMBOK

Project Management Professional (PMP Certification Prep) 6th edition PMBOK is the most important industry-recognized certification for Project Managers. It is a globally-recognized Project Management training certification, with PMPs sought after to lead projects in many countries in the world. The PMP® is not profession-specific, so you can work in virtually any industry, with any methodology, in nearly any location.

This course properly reflects the changes made to the PMBOK® 6th edition examination as of January 2, 2021.

What You Will Learn

The concepts that are covered in the PMP® examination and provide a knowledge base for PMP Certification examination preparation.

For Who Is This Course

Experienced Project Managers that meet PMI® hands-on project experience and educational requirements for taking the examination.

The course covers PMP® examination application requirements, application procedures, and the types of questions that are presented in the examination. It also discusses post-exam requirements for maintaining the PMP certification. An overview of how the exam is structured and preparation tips are included.

To comply with the PMP® examination update of January 2, 2021, this PMP Certification prep course is structured to cover the Project Management Domains, People, Process, and Business Environment, with corresponding Project Management concepts mapped to their domain. As such, the Process Domain is represented by relevant Project Management Framework concepts, and Process related Project Management Knowledge Areas.

The Project Management Domain includes:

• Project Integration Management
• Project Scope Management
• Project Schedule Management
• Project Cost Management
• Project Quality Management
• Project Risk Management
• Project Procurement Management.

The People Domain in this PMP Certification prep course are represented by:

• Project Communications Management
• Project Resource Management
• Project Stakeholder Management Knowledge Areas

The Business Environment Domain is represented by the Project Framework concepts relating to Business Environment.

The course also addresses Agile and Agile Hybrid concepts as they correspond to the Project Management Framework and the Project Management Knowledge Areas to ensure relevant topics are covered.

More About Project Management Professional (PMP) PMBOK

The Project Management Professional (PMP) Certification Prep course is designed to prepare individuals for the Project Management Professional (PMP) certification exam based on the 6th edition of the Project Management Body of Knowledge (PMBOK). Project management is a critical discipline that involves planning, organizing, and executing projects to achieve specific objectives within defined constraints. The PMP certification is globally recognized and demonstrates an individual’s competence in project management principles, practices, and methodologies. In this document, we will explore the knowledge benefits, career advantages, job opportunities, and salary potential associated with completing the PMP Certification Prep course based on the 6th edition of PMBOK.

Knowledge Benefits

The PMP Certification Prep course based on the 6th edition of PMBOK covers a wide range of project management knowledge areas and processes. By completing this course, individuals can gain the following knowledge benefits:

1. Comprehensive understanding of project management: Participants will develop a solid foundation in project management principles, including project lifecycle, process groups, knowledge areas, and best practices.

2. Proficiency in project management methodologies: The course provides a deep understanding of various project management methodologies, such as Agile, Waterfall, and Hybrid approaches. Participants will learn how to apply these methodologies in different project scenarios.

3. Mastery of project management processes: Participants will gain in-depth knowledge of project management processes, including initiating, planning, executing, monitoring and controlling, and closing projects. They will learn how to effectively manage project scope, schedule, budget, quality, risks, communications, stakeholders, and procurement.

4. Familiarity with PMBOK framework: The course extensively covers the PMBOK framework, including key concepts, terminologies, and guidelines. Participants will become familiar with the structure and content of PMBOK, enabling them to navigate and leverage it effectively in their project management practice.

5. Preparation for the PMP certification exam: The course is specifically designed to prepare individuals for the PMP certification exam. Participants will acquire the necessary knowledge and skills to confidently attempt and pass the exam, becoming certified Project Management Professionals.

Career Benefits

Completing the PMP Certification Prep course based on the 6th edition of PMBOK offers several career benefits for individuals in the field of project management. Some of the key advantages include:

1. Increased job opportunities: The PMP certification is highly valued by employers globally. It enhances job prospects and provides a competitive edge in the project management job market. Many organizations prefer to hire PMP-certified professionals to ensure project success.

2. Enhanced career prospects: The PMP certification demonstrates an individual’s commitment to professional development and signifies their mastery of project management principles. It opens doors to more challenging roles, higher-level positions, and increased responsibility within organizations.

3. Global recognition: The PMP certification is globally recognized and respected in the project management community. It establishes credibility and increases professional visibility, creating opportunities to work on international projects and collaborate with professionals from different countries.

4. Networking and professional connections: The PMP certification provides access to a vast network of certified professionals and industry experts. Participation in professional communities and events can lead to valuable connections, mentoring opportunities, and career growth.

Job Opportunities

Certified Project Management Professionals can pursue a wide range of job opportunities across industries. Some of the potential job roles include:

1. Project Manager: Responsible for leading and managing projects from initiation to completion, ensuring the achievement of project objectives within defined constraints.

2. Program Manager: Oversees multiple related projects and ensures their alignment with organizational goals and objectives.

3. Portfolio Manager: Manages a portfolio of projects and ensures their strategic alignment with the organization’s overall objectives.

4. Project Coordinator: Provides support to project managers by assisting in project planning, documentation, coordination, and communication.

5. Agile Project Manager: Specializes in managing projects using Agile methodologies, facilitating iterative and adaptive project execution.

6. Risk Manager: Focuses on identifying, assessing, and mitigating project risks to ensure successful project outcomes.

7. Consultant: Offers project management expertise and advisory services to organizations, assisting them in improving their project management practices and delivering successful projects.

Salary Potential

The salary potential for individuals with PMP certification can vary based on factors such as job role, experience, industry, and location. PMP-certified professionals generally earn higher salaries compared to their non-certified counterparts due to their recognized expertise in project management. Here are some average salary ranges for common job roles related to PMP certification:

1. Project Manager: The average salary for a project manager with PMP certification ranges from $80,000 to $120,000 per year, depending on experience and industry.

2. Program Manager: Program managers, responsible for overseeing multiple projects, can earn an average salary of $100,000 to $150,000 per year, depending on the size and complexity of the programs.

3. Agile Project Manager: Agile project managers, skilled in Agile methodologies, can earn an average salary of $90,000 to $130,000 per year, depending on experience and industry.

4. Project Coordinator: Project coordinators, supporting project managers in administrative tasks, can expect an average salary of $50,000 to $70,000 per year, depending on experience and organization size.

5. Consultant: Salary potential for project management consultants varies greatly depending on their expertise, experience, and the nature of consulting engagements. Generally, consultants with PMP certification can command higher hourly rates or project-based fees compared to non-certified consultants.

It’s important to note that these figures are approximate and can vary significantly based on individual circumstances, market demand, and other factors.

Conclusion

Completing the PMP Certification Prep course based on the 6th edition of PMBOK equips individuals with comprehensive project management knowledge, proficiency in project management methodologies, and the necessary skills to successfully pass the PMP certification exam. The course provides valuable knowledge benefits, including a deep understanding of project management principles, methodologies, processes, and the PMBOK framework. By earning the PMP certification, individuals unlock numerous career benefits, including increased job opportunities, enhanced career prospects, global recognition, and the ability to network with other certified professionals. Additionally, PMP-certified professionals can pursue a variety of job roles such as project manager, program manager, project coordinator, and consultant across industries. The salary potential for PMP-certified professionals is generally higher than non-certified individuals in similar roles, reflecting the value and demand for their project management expertise. Ultimately, the PMP Certification Prep course based on the 6th edition of PMBOK is a significant step toward advancing one’s career in project management and achieving professional success in the field.

Using IT Certs Training for Project Management Professional (PMP) 6th edition PMBOK Certification

IT Certs Training is an online training company that provides comprehensive training programs for various IT certifications, including Project Management Professional (PMP) 6th edition PMBOK. The program offers several benefits, making it the best option for obtaining this certification:

1. Flexibility:

IT Certs Training provides self-paced online courses that allow learners to study at their own pace and schedule. This flexibility is particularly useful for working professionals who want to obtain a certification while continuing to work.

2. Comprehensive Curriculum:

The IT Certs Training curriculum covers all the topics and skills required to pass the Project Management Professional (PMP) 6th edition PMBOK certification exam. The program provides videos, practice tests, and study materials that are designed to help learners master the exam objectives.

3. Experienced Instructors:

The program instructors are experienced professionals who have extensive knowledge and expertise in IT Networking and CyberSecurity in addition to many other areas of expertise. They provide guidance and support to learners throughout the training program.

4. Exam Preparation:

IT Certs Training provides exam preparation materials, including practice exams and study guides. These resources help learners prepare for the certification exam and increase their chances of passing it on the first try.

5. Cost-Effective:

The IT Certs Training program is cost-effective compared to other training programs. The program offers affordable pricing and provides value for money by offering comprehensive training and exam preparation resources.

Course Outline

Module 1: Preparing for and Taking the Exam

   Preparing to Take the Exam and Instructor Introduction

   Getting Certified to take the Examination

   Examination Characteristics

   Test Taking Tips and Techniques

   Question Formats

   Post Certification Requirements

Module 2: Process Domain

   Process Domain and Framework defined

   Predictive, Iterative, Incremental and Adaptive Project Life Cycles

   Framework Definitions

   Project Manager Skills

   Framework Key Points to Remember

   Framework Example Questions Review

   Project Integration Management Knowledge Area Defined

   Knowledge Area Process Mapping and Definitions

   Develop Project Charter and Develop Project Management Plan

   Direct and Manage Project Work, Manage Project Knowledge, and Monitor and Control Project Work

   Perform Integrated Change Control

   Close Project or Phase

   Integration Key Points to Remember

   Integration Example Questions Review

   Project Scope Management Knowledge Area Defined

   Plan Scope Management and Collect Requirements

   Nominal Group Technique (Delphi-Opinion Technique)

   Define Scope and Create WBS

   Breakdown Structures used in WBS Dictionary

   Validate Scope and Control Scope

   Defining Requirements in Agile

   Prioritizing requirements in Agile, Definition of Done and Rolling Wave Planning

   Scope Key Points to Remember

   Scope Example Questions Review

   Project Schedule Management Knowledge Area Defined

   Plan Schedule Management, Define Activities, and Sequence Activities

   Dependencies, Predecessors, Leads, and Lags

   Estimate Activity Durations

   Develop Schedule

   Critical Path Method

   Schedule Compression

   Resource Leveling, Schedule Format, and Control Schedule

   Agile Estimating

   Agile Schedule Planning and Reporting

   Schedule Key Points to Remember and Example Question review

   Project Cost Management Knowledge Area Defined

   Plan Cost Management and Estimate Cost

   Types of Cost, Expected Present Value, Sunk Costs, and Depreciation

   Life Cycle Costing, Status Reporting, and Determine Budget

   Control Costs, and Earned Value Management

   Earned Schedule, and Agile Cost Control

   Cost Key Points to Remember

   Cost Example Questions Review

   Project Quality Management Knowledge Area Defined

   Plan Quality Management

   Manage Quality

   Control Quality

   Continuous Improvement in Agile-Adaptive Life Cycles – Kaizen and Process Analysis

   Continuous Improvement in Agile-Adaptive Life Cycles – Retrospectives

   Quality Key Points to Remember

   Quality Example Questions Review

   Project Risk Management Knowledge Area Defined

   Risk Management Plan and Identify Risks

   Risk Register and Issues Vs Risk

   Perform Qualitative and Quantitative Risk Analysis

   Plan Risk Responses

   Implement Risk Responses and Monitor Risks

   Agile Risk Tools and Risk Key Points to Remember

   Risk Example Questions Review

   Project Procurement Management Knowledge Area Defined

   Plan Procurement Management and Conduct Procurements

   Contracts

   Share and Point of Total Assumption

   Procurement Documents

   Non-Competitive Awards and Control Procurements

   Agile Contracts

   Procurement Key Points to Remember and Example Questions Review

Module 3: People Domain

   People Domain and Project Communications Management Knowledge Area Defined

   Plan Communications Management

   Manage and Monitor Communications

   Agile Communications

   Communications Key Points to Remember

   Communications Example Question Review

   Project Stakeholder Management Knowledge Area Defined

   Stakeholder Position Descriptions

   Identify Stakeholders

   Plan Stakeholder Engagement and Manage Stakeholder Engagement

   Monitor Stakeholder Engagement and Agile Stakeholder Engagement Techniques

   Stakeholder Management Key Points to Remember

   Stakeholder Management Example Question Review

   Resource Management Knowledge Area Defined

   Plan Resource Management and Estimate Activity Resources

   Acquire Resources and Develop Team

   Manage Team

   Control Resources and Agile Teaming Concepts

   Other Agile Teaming Concepts

   Agile Team Roles and Troubleshooting Agile team issues

   Resources Key Points to Remember

   Resources Example Question Review

Module 4: Business Environment Domain

   Business Environment Domain Defined

   Project Selection Tools

   PMO, Organizational Structure, and Reports

   Agile in the Business Environment

   Business Environment Key Points to Remember and Example Question Review

   Course Closing

Your Training Instructor

Pete Matassa

Project Management Consultant and Trainer
Pete is the president of Technology, Inc., a Project Management Training and Consulting company that provides custom Project Management solutions. He has over 30 years of experience in professional/management positions. His professional credentials include an MBA; PMI ® PMP ®; PMI-ACP ®; Agile Hybrid Project Pro Micro-Credential, MCTS – MS Project 2007 & 2010; CompTIA Project+; CompTIA A+; CompTIA Net+; CompTIA i-Net+; CompTIA Server+. In addition to managing projects and IT and Accounting professionals, Pete has over 25 years of experience developing and instructing project management, MS Office, MS Project, and business soft skills courses. Pete’s instruction style emphasizes both learning the required body of knowledge and understanding how to use that knowledge in real-world situations. His style is to integrate his experiences into the training environment to take advantage of people’s natural inclination to learn through stories.