The Mcgraw-Hill Guide to the Pmp Exam

The #1 exam prep guide for official certification as a project management professional Project management is one of today's fastest growing disciplines, and Project Management Professional certification is the PM gold standard. "The McGraw-Hill Guide to the PMP Exam" covers the essential principles and knowledge practitioners need to pass this vital exam. This comprehensive study guide and exam prep is aligned with the Project Management Institute's latest edition of "Project Management Book of Knowledge, 2000 Edition." Featuring online questions that allow users to practice answering questions in a similar setting to that of the real exam, this essential book: Covers questions found on the actual exam Provides in-depth discussion of difficult principles Summarizes key points with checklists after each chapter

James P. Lewis, Ph.D. (Vinton, VA) is president of The Lewis Institute, Inc., and the author of numerous bestselling books on project planning.

Robert Dudley, P.M.P. (Savannah, GA) is president of Kenilworth Project Services.

Paul Jerram (Atlanta, GA) is employed with Novations Project Management and also works as an independent consultant.

Preface

xi

Introduction

1

(6)

Project Management as a Profession

1

(1)

The Project Management Institute

2

(2)

Why Should You Get Your Certification?

3

(1)

The Project Management Body of Knowledge (PMBOK®)

4

(1)

The Purpose of this Book

4

(3)

The Project Management Context

7

(22)

Project Phases

7

(2)

Project Life Cycles

9

(2)

Stakeholders

11

(1)

Organizations and Their Influence

12

(2)

Organization Structures

14

(1)

Types of Matrix Organizations

15

(2)

Weak Matrix

15

(1)

Balanced Matrix

16

(1)

Strong Matrix

16

(1)

General Management Skills

17

(1)

Conclusion

18

(1)

Areas of Emphasis in this Chapter

19

(10)

Project Management Processes

29

(12)

Processes versus Knowledge Areas

29

(1)

Processes

29

(3)

Knowledge Areas

32

(1)

The Triple Constraint

33

(2)

Conclusion

35

(1)

Areas of Emphasis in this Chapter

35

(6)

Project Integration Management

41

(18)

Project Plan Development

44

(2)

Project Plan Execution

46

(1)

Integrated Change Control

47

(1)

Lessons Learned

48

(1)

Conclusion

49

(1)

Areas of Emphasis in this Chapter

50

(9)

Scope Management

59

(24)

Initiation

61

(2)

Scope Planning

63

(2)

Scope Definition

65

(2)

Work Breakdown Structure

67

(5)

Scope Verification

72

(1)

Scope Change Control

73

(2)

Conclusion

75

(1)

Areas of Emphasis in this Chapter

75

(8)

Time Management

83

(36)

Activity Definition

86

(1)

Activity Sequencing

87

(2)

Network Diagramming

89

(12)

Activity on Node

90

(6)

Activity on Arrow

96

(2)

Activity Duration Estimating

98

(3)

Developing a Schedule

101

(6)

PERT Statistics 101

104

(2)

Other Scheduling Considerations

106

(1)

Resource Leveling

107

(2)

Schedule Presentation

109

(1)

Schedule Control

109

(2)

Conclusion

111

(1)

Areas of Emphasis in this Chapter

111

(8)

Cost Management

119

(42)

Resource Planning

121

(2)

Estimating

123

(1)

Estimating and Cost Categories

124

(5)

Accounting Terms

126

(2)

Estimating Terms

128

(1)

Cost Management Plan

129

(1)

Cost Budgeting

130

(1)

Cost Control

131

(8)

Earned Value Analysis 101

132

(3)

Earned Value Analysis Glossary

135

(2)

Earned Value Analysis Formulas

137

(2)

Painting the Offices

139

(5)

Financial Considerations

144

(6)

Project Justification Metrics

144

(6)

Conclusion

150

(1)

Areas of Emphasis in this Chapter

151

(10)

Project Quality Management

161

(26)

Quality Planning

165

(1)

Quality Assurance

166

(1)

Quality Control

167

(11)

Conclusion

178

(1)

Areas of Emphasis in this Chapter

178

(9)

Human Resource Management

187

(22)

Organizational Planning

189

(3)

Staff Acquisition

192

(1)

Team Development

193

(3)

Motivating Workers and The Sources of Power

196

(4)

Frederick Taylor: Scientific Management

196

(1)

Abraham Maslow: Hierarchy of Needs

197

(1)

Douglas McGregor: The Human Side of Enterprise

197

(1)

Frederick Herzberg: Two-Factor Hygiene and Motivation Theory

197

(1)

French and Raven: The Bases of Social Power

198

(2)

Conclusion

200

(1)

Areas of Interest in This Chapter

200

(9)

Communications Management

209

(20)

Communications Management Processes

210

(14)

Communications Planning

211

(6)

Information Distribution

217

(2)

Information Retrieval Systems

219

(2)

Performance Reporting

221

(2)

Administrative Closure

223

(1)

Areas of Emphasis in this Chapter

224

(5)

Risk

229

(54)

Introduction

229

(2)

Keeping Things in Perspective

231

(3)

The PMBOK on Risk Management

234

(38)

Risk Management Planning

235

(2)

Risk Management Plan

237

(1)

Risk Assessment

238

(34)

Conclusion

272

(1)

Areas of Emphasis in this Chapter

273

(10)

Procurement

283

(94)

Introduction

283

(1)

Procurement Planning

284

(11)

What to Procure

285

(2)

Why Contract?

287

(1)

What Types of Contracts to Use

288

(6)

Project Procurement Plan for Subcontracting

294

(1)

Solicitation Planning

295

(12)

Sources of Seller Information

295

(5)

Qualification of Sellers

300

(1)

Types of Potential Seller Selection

301

(2)

Solicitation Document Planning

303

(1)

Specification Completeness

303

(1)

Specification Types

304

(3)

Standards

307

(1)

Solicitation Process

308

(28)

Forms of Solicitation

309

(5)

What to Include in the Solicitation

314

(11)

Drawings and Specifications

325

(1)

Special Conditions

326

(1)

General Conditions and Proposed Form of Contract

326

(1)

Activities during the Bidding Phase

327

(9)

Source Selection

336

(12)

Evaluation Criteria

337

(1)

Evaluation Criteria Format Development

338

(3)

Who Should Do the Evaluation?

341

(4)

Analysis Technique for Proposals

345

(1)

Post-Bid Meetings

346

(2)

Contract Administration

348

(17)

Contract Terms and Conditions

349

(5)

Impact of Actions during the Contract

354

(2)

Progress Reporting and Payments

356

(9)

Contract Closeout

365

(4)

Conclusion

369

(1)

Areas of Interest in this Chapter

369

(8)

Professional Responsibility

377

(16)

PMI Code of Conduct

378

(3)

PMI PMP Role Delineation Study

381

(2)

Cultural Aspects of Professional Responsibility

383

(4)

Conclusion

387

(1)

Areas of Emphasis in this Chapter

388

(5)

Preparing for the PMP Exam

393

(10)

Applying for Certification

393

(2)

Taking the Exam

395

(6)

The Test Itself

396

(3)

Test-Taking Tips

399

(2)

Keeping Your Certification

401

(1)

Conclusion

402

(1)

Appendix Answers to Chapter Questions

403

(10)

References and Reading List

413

(4)

Index

417

What is included with this book?

The New copy of this book will include any supplemental materials advertised. Please check the title of the book to determine if it should include any access cards, study guides, lab manuals, CDs, etc.

The Used, Rental and eBook copies of this book are not guaranteed to include any supplemental materials. Typically, only the book itself is included. This is true even if the title states it includes any access cards, study guides, lab manuals, CDs, etc.

FREE SHIPPING

Amazon no longer offers textbook rentals. We do!

The Mcgraw-Hill Guide to the Pmp Exam

Summary

Author Biography

Table of Contents

Supplemental Materials