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PMI PMP Content Outline

Initiating

The initiation phase of the project encompasses a total of 8 tasks including the following:

• Completing stakeholder analysis using the right tools and techniques to support projects;
• Getting project charter approval for the sponsor to enact the authority dedicated to the project;
• Performing project assessment based on the existing lessons and information obtained from the previous projects;
• Participating in the development of the project charter, which involves analyzing and compiling the existing information to ensure project stakeholders approve its elements;
• Performing benefit analysis with the stakeholders to verify project alignment with the business strategies;
• Informing the stakeholders of the accepted project charter to create a common understanding of the key deliverables, milestones, and their responsibilities.
• Identifying the major deliverables depending on the business needs;

Reference: https://www.pmi.org/certifications/project-management-pmp

Format of PMI PMP certification exam:

PMI PMP Certification exam is divided into three major sections. The format of the exam is as given below. Section 1:

• Skills in all the technical phases for implementation of a project:
• Execution/control
• Knowledge of general areas related to managing projects. Section 2:
• Knowledge of the techniques & tools commonly used to perform job-related activities like Initiating, Planning, Executing, Monitoring, Controlling, and Closing.
• Comprehensive knowledge of the project management process, including integration, cost control, quality assurance, managing of human resources, communications, and risk management.
• Professional operation
• Work-planning
• Decision making; closeout Section 3:
• Conceptualization/planning
• Knowledge of project management competencies & terminology.
• Management knowledge & skills, including Law, Ethics, Communications, Negotiation, and Conflict resolution.

Career Opportunities & Pay for PMP Certified Individuals

The PMP certification opens numerous doors in project management. Certified professionals can get a job as a senior project manager, technical project manager, director of operations, and others. When it comes to compensation, PMI states that PMP accredited individuals have 25% higher salaries in the US compared to non-certified specialists. The average pay for PMP professionals is about $107k annually, according to PayScale.com.

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PMI PMP Exam Syllabus Topics: