When to Target PMP Exam – PMBOK5 or PMBOK6?

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Transcript of When to Target PMP Exam – PMBOK5 or PMBOK6?

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New processes added:

▪ Manage Project Knowledge

▪ Control resource

▪ Implement risk response

Processes movement between knowledge areas:

▪ Estimate Activity resources was moved to project resource management from Project Schedule

management

Processes eliminated:

▪ Close procurement process

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PMBOK® 6th Edition Changes Process changes

Knowledge areas changes:

▪ Project Time management was changed into Project schedule management

▪ Project human resource management was changed into project resource management

Process name changes:

▪ Perform Quality Assurance changed to Manage Quality.▪ Plan Human Resource Management changed to Plan Resource Management. ▪ Acquire Project Team changed to Acquire Resources.▪ Develop Project Team changed to Develop Team.▪ Manage project Team changed to Manage Team.▪ Control Communications changed to Monitor Communications.▪ Control Risks changed to Monitor Risks.▪ Plan Stakeholder Management changed to Plan stakeholder engagement.▪ Control Stakeholder Engagement changed to Monitor Stakeholder Engagement.

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PMBOK® 6th Edition Changes Knowledge area & Process name changes

Other Important changes:

▪ The introduction session was significantly rewritten.

▪ The environment in which the projects operate was significantly rewritten.

▪ The tools and techniques are grouped under Data gathering, Data analysis, Data representation,

Decision-making, Communication skills and Interpersonal and team skills.

▪ Some Agile specific tools and techniques have been introduced into the PMBOK® guide.

▪ Information on how to use agile, adaptive, iterative and hybrid approaches from the perspective of the

project management process groups are added.

Continued …

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PMBOK® 6th Edition Changes Other important changes

Other Important changes:

▪ A new session ‘The role of the Project Manager’ was added.

▪ For each knowledge areas, key concepts were added.

▪ For each knowledge areas Trends and emerging practices were added.

▪ For each knowledge areas Tailoring considerations were added.

▪ For each knowledge areas Considerations for agile and adaptive environments were added.

▪ Explicit introduction of project documents were added for each processes.

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PMBOK® 6th Edition Changes Other important changes

The advantages of appearing for the exam based on PMBOK® 5th Edition:

▪ The PMP® exam is based on the PMBOK® 5th Edition and there are

no changes in the syllabus for this exam.

▪ You have lots of study materials and resources readily available

based on the PMBOK® 5th Edition.

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When to target for the PMP Exam? The advantages of appearing for the exam before 26th March 2018

The disadvantages of appearing for the exam based on PMBOK® 5th Edition:

▪ The time required to prepare for the exam is not enough for some of

the candidates due to their other commitments.

▪ If you are not able to clear the exam in your first try, you would give

the next try which is based on PMBOK® 6th Edition. This is not a good scenario.

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When to target for the PMP Exam? The disadvantages of appearing for the exam before 26th March 2018

The advantages of appearing for the exam based on PMBOK® 6th Edition:

▪ There are no time constraints.

▪ Even if you are not clearing the exam in your first try, you can give

the next try based on the same edition.

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When to target for the PMP Exam? The advantages of appearing for the exam on or after 26th March 2018

The disadvantages of appearing for the exam based on PMBOK® 6th Edition:

▪ Currently there are very few study materials like exam preparation

books and courses available in the market for the PMBOK® 6th Edition.

This makes the life of the candidates difficult in preparing for the exam.

▪ The difficult level of the exam based on PMBOK® 6th edition is

definitely high when compared to exam based on PMBOK® 5th Edition.

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When to target for the PMP Exam? The disadvantages of appearing for the exam on or after 26th March 2018

▪ Make sure you are allocating time for your preparation within your busy schedule.

▪ Make sure you have sufficient fund to execute your plan.

▪ Make sure you have all the resources available with you to practice well for the exam.

▪ A honest judgement of your ability to implement your plan is required to achieve success.

▪ A thorough understanding of the PMBOK® 5th Edition is required.

▪ Allocate time for group discussion, Quizzes based on knowledge areas and practice exam using exam

simulation software.

▪ On top of these, you need to stay positive throughout the process of your preparation.

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Success Strategy For candidates willing to appear for the PMP® exam before 26th March 2018

▪ The availability of more time comes with certain difficulty level which the candidates need

to manage.

▪ Make sure you are allocating time for your preparation within your busy schedule.

▪ Make sure you have sufficient fund to execute your plan.

▪ Make sure you have all the resources available with you to practice well for the exam.

▪ A thorough understanding of the PMBOK® 6th Edition is required.

▪ Allocate time for group discussion, Quizzes based on knowledge areas and practice exam using exam

simulation software.

▪ Practice well for the areas which is changed in the PMBOK® 6th Edition.

▪ Focus on the agile part closely and understand how it is used in various project

management process groups.

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Success Strategy For candidates willing to appear for the PMP® exam on or after 26th March 2018

▪ Plan for the exam based on other’s Judgement.

▪ PMBOK® 6th Edition is too difficult to crack.

▪ Non-availability of study materials and courses for PMBOK® 6th Edition.

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Common TrapsMajor traps which needs to be eliminated during transition of PMP exam

▪ Your availability of time and fund only decide whether you want to go for the PMBOK® 5th Edition.

▪ You need to stay positive and take your own judgment of your ability to execute your plan to decide on the

same.

▪ If you don’t have time now, you can very well appear for the PMP® exam based on PMBOK® 6th Edition.

▪ You can focus on the changed area in the PMBOK® 6th Edition and practice well before appearing for the

exam.

▪ You mitigate the additional difficulty in the PMBOK® 6th Edition by your focused preparation and gain new

knowledge in the process.

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ConclusionKey takeaway