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PMP: Project Management Professional Exam Study Guide. 7th Edition

Description: The ultimate package for preparing you to take the PMP exam

Project management is one of the most desired skills in today's IT marketplace and the Project Management Professional (PMP) exam reflects your level of proficiency and preparedness as a project manager. This comprehensive study guide features the Sybex test engine with two practice PMP exams, electronic flashcards, two hours of audio review, as well as two bonus Certified Associate in Project Management (CAPM) exams. The book covers a wide-range of project management and exam topics, concepts, and key terms. Not only does this must-have resource reflect the very latest version of the exam, it is written by popular project management expert Kim Heldman, who is the author of the six previous editions of this top-selling book.

- Prepares you to take the Project Management Professional (PMP) exam as well as the Certified Associate in Project Management (CAPM) exam, both offered by the Project Management Institute (PMI)

- Covers all exam topic areas plus a wide range of project management processes, concepts, and key terms - Uses real-world scenarios and How This Applies to Your Current Project sidebars to fully illustrate concepts - Readers get access to invaluable study tools with testing software, practice exams, electronic flashcards, and over two hours of audio review

PMP: Project Management Professional Exam Study Guide, Seventh Edition helps you prepare for the PMP exam and also serves as an essential resource for becoming a more astute project manager.

Contents: Introduction xxv Assessment Test xxxvi Chapter 1 What Is a Project? 1 Is It a Project? 2

Projects versus Operations 3 Stakeholders 5

Project Characteristics 7 What Is Project Management? 7 Programs 8

Portfolios 9

Project Management Offices 10

Skills Every Good Project Manager Needs 12 Communication Skills 13

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Team-Building and Motivating Skills 15 Role of a Project Manager 16

Understanding Organizational Structures 16 Functional Organizations 17

Projectized Organizations 20 Matrix Organizations 22 Project-Based Organizations 26

Understanding Project Life Cycles and Project Management Processes 26

Project Phases and Project Life Cycles 27 Project Management Process Groups 30

Understanding How This Applies to Your Next Project 36 Summary 36

Exam Essentials 37 Key Terms 39 Review Questions 40

Chapter 2 Creating the Project Charter 45

Exploring the Project Management Knowledge Areas 47 Project Integration Management 49

Project Scope Management 50 Project Time Management 51 Project Cost Management 51 Project Quality Management 52

Project Human Resource Management 53 Project Communications Management 54 Project Risk Management 55

Project Procurement Management 55 Project Stakeholder Management 56

Understanding How Projects Come About 56 Needs and Demands 57

Feasibility Studies 59

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Using Project Selection Methods 62 Kicking Off the Project Charter 70 Project Statement of Work 71 Business Case 72

Agreements 73

Enterprise Environmental Factors 73 Organizational Process Assets 74 Tools and Techniques 75

Formalizing and Publishing the Project Charter 76 Pulling the Project Charter Together 76

Key Stakeholders 77 Project Charter Sign-Off 79 Identifying Stakeholders 79 Identify Stakeholders Inputs 79 Stakeholder Analysis 80

Stakeholder Register and Strategy 83

Introducing the Kitchen Heaven Project Case Study 83 Understanding How This Applies to Your Next Project 87 Summary 88

Exam Essentials 89 Key Terms 91 Review Questions 92

Chapter 3 Developing the Project Scope Statement 97 Developing the Project Management Plan 99

Developing Inputs 99

Documenting the Project Management Plan 101 Plan Scope Management 104

Understanding the Plan Scope Management Inputs 105 Using Plan Scope Management Tools and Techniques 106 Documenting the Scope Management Plan 106

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Collecting Requirements 108

Using the Tools and Techniques of the Collect Requirements Process 110 Documenting Requirements 112

Defining Scope 115 Product Analysis 116 Alternatives Generation 117

Writing the Project Scope Statement 118

Understanding the Scope Statement Components 118 Approving and Publishing the Project

Scope Statement 125

Updating the Project Documents 125 Creating the Work Breakdown Structure 127 Gathering the WBS Inputs 128

Decomposing the Deliverables 128 Constructing the WBS 129

Creating WBS Process Outputs 137

Understanding How This Applies to Your Next Project 141 Summary 143

Exam Essentials 144 Key Terms 145 Review Questions 146

Chapter 4 Creating the Project Schedule 153 Creating the Schedule Management Plan 154 Defining Activities 155

Define Activities Process Inputs 156

Tools and Techniques for Defining Activities 156 Define Activities Outputs 157

Understanding the Sequence Activities Process 158 Sequence Activities Tools and Techniques 159 Sequence Activities Outputs 164

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Estimate Activity Resources Tools and Techniques 166 Estimate Activity Resources Outputs 167

Estimating Activity Durations 167 Estimate Activity Durations Inputs 168

Estimate Activity Durations Tools and Techniques 168 Estimate Activity Durations Outputs 172

Developing the Project Schedule 173 Develop Schedule Inputs 174

Develop Schedule Tools and Techniques 175 Scheduling Process Outputs 188

Understanding How This Applies to Your Next Project 196 Summary 197

Exam Essentials 198 Key Terms 200 Review Questions 202

Chapter 5 Developing the Project Budget and Communicating the Plan 207 Creating the Project Cost Management Plan 208

Performing Plan Cost Management 209 Creating the Cost Management Plan 209 Estimating Costs 211

Estimate Costs Inputs 211

Tools and Techniques to Estimate Costs 214 Estimate Costs Process Outputs 216 Establishing the Cost Baseline 217 Determine Budget Inputs 218

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Plan Communications Management Inputs 226

Tools and Techniques for Plan Communications Management 227 Plan Communications Management Outputs 231

Understanding How This Applies to Your Next Project 235 Summary 235

Exam Essentials 236 Key Terms 238 Review Questions 239 Chapter 6 Risk Planning 245 Planning for Risks 246

Planning Your Risk Management 247 Plan Risk Management Inputs 248 Tools and Techniques for Plan Risk Management 249

Creating the Risk Management Plan 250 Identifying Potential Risk 255

Identify Risks Inputs 256

Tools and Techniques for Identify Risks 258 Identify Risks Outputs 264

Analyzing Risks Using Qualitative Techniques 265 Perform Qualitative Risk Analysis Inputs 266

Tools and Techniques for Perform Qualitative Risk Analysis 266 Ranking Risks in the Risk Register 273

Quantifying Risk 274

Tools and Techniques for Perform Quantitative Risk Analysis 275 Perform Quantitative Risk Analysis Outputs 279

Developing a Risk Response Plan 280

Tools and Techniques for Plan Risk Responses 281 Plan Risk Responses Outputs 285

Understanding How This Applies to Your Next Project 290 Summary 291

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Key Terms 293 Review Questions 294

Chapter 7 Planning Project Resources 299 Procurement Planning 300

Plan Procurement Management Inputs 301

Tools and Techniques for Plan Procurement Management 303 Plan Procurement Management Outputs 308

Developing the Human Resource Management Plan 313 Plan Human Resource Management Inputs 313

Plan Human Resource Management Tools and Techniques 316 Plan Human Resource Management Outputs 318

Quality Planning 321

Plan Quality Management Inputs 321

Tools and Techniques for Plan Quality Management 323 Plan Quality Management Outputs 331

Bringing It All Together 334

Understanding How This Applies to Your Next Project 338 Summary 339

Exam Essentials 340 Key Terms 342 Review Questions 344

Chapter 8 Developing the Project Team 349 Directing and Managing Project Work 350 Executing Inputs 352

Tools and Techniques of Direct and Manage Project Work 353 Outputs of Direct and Manage Project Work 353

Acquiring the Project Team 357

Tools and Techniques of Acquire Project Team 358 Outputs of Acquire Project Team 359

Developing the Project Team 361

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Outputs of Develop Project Team 377 Managing Project Teams 378

Tools and Techniques for Managing Teams 378 Managing Project Team Outputs 383

Understanding How This Applies to Your Next Project 386 Summary 387

Exam Essentials 388 Key Terms 389 Review Questions 390

Chapter 9 Conducting Procurements and Sharing Information 395 Conducting Procurements 396

Conduct Procurements Tools and Techniques 397 Conduct Procurements Outputs 403

Laying Out Quality Assurance Procedures 406 Inputs to Perform Quality Assurance 406

Perform Quality Assurance Tools and Techniques 407 Perform Quality Assurance Outputs 409

Managing Project Information 410

Tools and Techniques of Manage Communications 411 Output of Manage Communications 415

Managing Stakeholder Engagement 417 Manage Stakeholder Engagement Inputs 417

Tools and Techniques for Manage Stakeholder Engagement 418 Manage Stakeholder Engagement Outputs 418

Understanding How This Applies to Your Next Project 422 Summary 423

Exam Essentials 423 Key Terms 425 Review Questions 426

Chapter 10 Measuring and Controlling Project Performance 433 Monitoring and Controlling Project Work 436

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Monitor and Control Project Work Outputs 439 Controlling Procurements 441

Controlling Procurements Inputs 442

Controlling Procurements Tools and Techniques 443 Managing Control Procurements Outputs 445 Controlling Communications 448

Control Communications Inputs 449

Control Communications Tools and Techniques 449 Control Communications Outputs 451

Managing Perform Integrated Change Control 453 How Change Occurs 454

Change Control Concerns 455 Configuration Control 456 Change Control System 457

Perform Integrated Change Control Inputs, Tools and Techniques, and Outputs 460 Controlling Stakeholder Engagement 462

Understanding How This Applies to Your Next Project 465 Summary 466

Exam Essentials 466 Key Terms 468 Review Questions 469

Chapter 11 Controlling Work Results 475 Monitoring and Controlling Risk 476 Control Risks Inputs 477

Control Risks Tools and Techniques 478 Control Risks Outputs 479

Managing Cost Changes 480 Control Costs Inputs 480

Control Costs Tools and Techniques 481 Control Costs Outputs 492

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Schedule Changes 495 Control Schedule Inputs 495

Control Schedule Tools and Techniques 496 Control Schedule Outputs 497

Utilizing Control Quality Techniques 498 Control Quality Inputs 499

Control Quality Tools and Techniques 499 Control Quality Outputs 507

Validating Project Scope 508 Controlling Scope 509 Control Scope Inputs 510

Control Scope Tools and Techniques 510 Control Scope Outputs 510

Understanding How This Applies to Your Next Project 513 Summary 515

Exam Essentials 515 Key Terms 517 Review Questions 518

Chapter 12 Closing the Project and Applying Professional Responsibility 523 Formulating Project Closeout 524

Characteristics of Closing 525 Project Endings 525

Closing Out the Project 528

Administrative Closure Procedures 529 Close Project or Phase Inputs 530

Close Project or Phase Tools and Techniques 530 Close Project or Phase Outputs 531

Closing Out the Procurements 534 Close Procurements Inputs 535

Close Procurements Tools and Techniques 535 Close Procurements Outputs 535

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Releasing Project Team Members 537

Balancing Stakeholders’ Interests at Project Close 537 Competing Needs 538

Dealing with Issues and Problems 538 Balancing Constraints 539 Professional Responsibility 541 Responsibility 541 Respect 544 Fairness 547 Honesty 550

Role Delineation Study 552

Applying Professional Knowledge 552 Project Management Knowledge 552 Education Providers 553

Industry Knowledge 553

Understanding How This Applies to Your Next Project 557 Summary 558

Exam Essentials 560 Key Terms 561 Review Questions 562

Appendix A Answers to Review Questions 569 Chapter 1: What Is a Project? 570

Chapter 2: Creating the Project Charter 571

Chapter 3: Developing the Project Scope Statement 572 Chapter 4: Creating the Project Schedule 574

Chapter 5: Developing the Project Budget and Communicating the Plan 576 Chapter 6: Risk Planning 577

Chapter 7: Planning Project Resources 579 Chapter 8: Developing the Project Team 580

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Chapter 11: Controlling Work Results 585

Chapter 12: Closing the Project and Applying Professional Responsibility 586 Appendix B Process Inputs and Outputs 589

Initiating Processes 590 Planning Processes 591 Executing Processes 601

Monitoring and Controlling Processes 604 Closing Processes 609

Appendix C About the Additional Study Tools 611 Additional Study Tools 612

Sybex Test Engine 612 Electronic Flashcards 612 PDF of Glossary of Terms 612 Adobe Reader 612

Audio Files 613

System Requirements 613 Using the Study Tools 613 Troubleshooting 613 Customer Care 614 Index 615

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