The PMP examination is near, and now you want to focus on the most Important topics for the PMP Certification exam so that you can save time for revision for the PMP certification exam. You need not worry as in this article I am going to tell you the most important topics and concepts which will help you in preparing for your examination.
The most highly regarded and widely recognized project management professional certification is the PMP®. The PMP credential improves your project management abilities, broadens your market reach, shows prospective employers that you can manage important projects, lands you challenging jobs, and significantly raises your salary.
The PMP® exam is administered by the Project Management Institute, which also certifies PMP® exam candidates by testing them on the five project management processes outlined in the PMBOK® Guide.
Five Steps in the PMP® Exam:
- Initiating
- Planning
- Executing
- Monitoring & Controlling
- Closing
One must be proficient in all five of these processes and possess a thorough understanding of the key subjects covered on the PMP® exam to become certified as a project manager. The key areas on which you should focus for better PMP® exam preparation are listed below.
Project Risk Management
The main goal of project risk management is to reduce risks within projects. Project managers should plan project risk management, identify risks, conduct qualitative and quantitative risk analysis, plan risk responses, monitor risks, and control risks as their main areas of focus during this process. Determining how to manage risk for a project by creating a plan for risk management holds a very place in Important topics for the PMP Certification exam.
The process of identifying individual risk factors and sources of overall risks, as well as documenting those factors’ characteristics, is known as “risk identification.”
Use qualitative risk analysis to prioritize project risks for additional investigation and action. It entails determining their impact, likelihood of occurrence, and other details.
Project Scope Management
Two elements make up project scope management: first, it relates to all the work necessary to finish and deliver a product or service, and second, it relates to the features and functions that define the product or service. The entire work requirements involved in starting a product, creating it, and then delivering it are all included in scope project management.
Management of the scope of a plan: The process of doing so. The project scope’s definition, verification, and management are described in this document.
Also, Important topics for the PMP Certification exam include collecting requirements to gather, record, and manage stakeholder needs and requirements to accomplish project goals.
Project Quality Management
The project management process known as project quality management ensures the quality of the finished goods or services. After the project, it successfully manages to deliver quality service and establishes quality policies, objectives, and responsibilities.
The process of determining and outlining the quality standards and/or requirements for the project and its deliverables is known as the quality management plan.
Manage Quality: This is the procedure for converting the quality plan into high-caliber tasks that incorporate the organization’s quality policy into the project.
Control quality is the process of documenting and keeping track of the outcomes of quality management initiatives to assess performance and guarantee that project deliverables meet client expectations.
Project Cost Management
The method by which technology measures cost and productivity throughout enterprise-level projects is called project cost management. It establishes a budget, sets cost controls, and estimates costs.
The process of deciding how project costs will be estimated and budgeted is known as plan cost management. It also entails managing, keeping an eye on, exercising control over, and reporting on them.
Cost estimation is the process of determining how much money will be needed to finish a project.
Project Time Management
Project time management is the process of allocating and overseeing time in project management to guarantee project completion on schedule. Project time management keeps track of how much time is spent on a project and specifies how much time should be allotted to each task which is also one of the Important topics for PMP Certification exam.
Project Integration Management
The process of project integration management makes sure that all of the requirements are coordinated. It entails the integration of the development, execution, and integrated change and control processes for project plans. Each process uses a unique set of tools and techniques to carry out the tasks and transform the input into output, as well as a unique set of input and output.
Project Human Resource Management
The process of identifying and recording roles, responsibilities, and necessary skills is known as project human resource management. It primarily deals with team building, hiring new employees, and organizational planning. Project human resource management makes sure that the most valuable assets of an organization, the people involved in various projects, are managed in a planned and strategic manner.
The process of deciding how to manage, acquire, manage, and use physical and team resources is known as plan resource management.
Estimate Activity Resources: This process involves determining the number and types of team members as well as the equipment and materials needed to finish a project.
Resources are acquired through the process of hiring staff, renting space and equipment, and purchasing supplies and materials to finish a project.
Project Communications Management
The process of project communications management ensures effective communication between the project team, stakeholders, product owner, and all other parties involved. Identifying stakeholders, planning communications, disseminating information, managing stakeholders’ expectations, and reporting performance are the main areas of focus for communications management.
Plan Communications Management is the process of developing a plan and strategy for project communications activities based on the information requirements of all stakeholders or groups, available organizational resources, and the project’s requirements.
Manage Communications: This involves ensuring that project data is gathered, created, distributed, stored, retrieved, managed, monitored, and eventually disposed of.
The process of making sure the project’s stakeholders have the correct information known as monitoring communications.
Conclusion
I hope you are now clear about what topics for the PMP certification exam you should learn for your PMP exam. Else you can attend the PMP boot camp for more clarification on Eduhubspot. The boot camps are organized for a thorough understanding of all the topics which hold utmost importance in the exam.
Author:Varun Anand is the Project management expert, PMP mentor and a trainer at EduHubSpot. His Project Management institute (PMI) certification include Project Management Professional (PMP), PMI-ACP, PfMP, and CAPM. He has also done CSM certification from Scrum Alliance. Varun is an engineering graduate from the University of Maryland, Baltimore.
With over 10 years of experience in training students for PMP certification Exam, Varun is an internationally known Project Management speaker and educator. He has trained thousands of professionals, earning widespread respect in the industry. At EduHubSpot, he brings the practical side of Project Management to life, helping professionals master PMP from anywhere. He is also an experienced and renowned author.
