Management

How do I join PMI Singapore?
http://www.pmi.org.sg/index.php?option=com_content&view=article&id=69:membership-faq&catid=88:faq&Itemid=129

How do I maintain my PMP by earning necessary PDUs?

Requirement is to earn 60PDUs in 3 years

http://pdu.pmi.org/ccr/#

GOT PMP CERTIFIED :-) on 16 Nov 2013

https://certification.pmi.org/registry.aspx

How did I do it? 
1. Read PMBOK -cover to cover once
2. Read Rita - cover to cover and did all the exercises which were given along with the lessons and also after each lesson. It helped!
3. Start doing online questions - I did almost 1500 questions before the exam
4. The below paid site is awesome. Practice all the questions and note down the points while checking answers, in a notebook.
http://www.pmtraining.com/Public/PMPPracticeExams.aspx?utm_source=PMZillaBanner&utm_campaign=PMZillaBanner
5. Read Rita again, this time jotting down the important points in the same notebook mentioned above. 
6. Make sure you complete all the above before attempting the exam. You should be getting 70-75% marks for all the online tests before attempting the real test. This the indication that you are ready. 
7. Read the points you noted down in the notebook before the exam. 
8. Relax.
9. After entering the exam cabin, write down all the important equations and also charts you would like to refer to during exam -e. g. the risk vs contract type for buyer and seller - this helps in not mixing up the different types.
11. target to finish 50 questions in 1st hour, 100 questions in 2nd hour, 150 questions in 3rd hour, and 200 in 4th hour.If you are lagging, try to catch up as much as you can.Leave at least 10 minutes to go through the marked questions.
12. Use the ear plug. It will help in concentrating. 

Tips
Some of the questions which appear complex with lot of numbers, may not need any calculations. Read questions carefully - very important.
There will be many questions from PERT and earned value calculations. - study them well.
Study all the different types of risks by doing various examples.

You could do it too with adequate planned preparation. 

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PLAN

http://pmzilla.com/new-pmp-pmp
http://www.pmchamp.com/studying-for-pmp-exam/

Plan: (with the help of the above website)

1. Study PMBOK guide first ( start to finish) 3 times


  • 2 Days for Project Management Framework
  • 18 Days for the 9 Knowledge Areas (2 days each)
  • 2 Days for Professional & Social Responsibility
  • 2. Study Rita Mulchay Second (start to finish) 2 times
    Solve more than 6000 questions.

    Ideas Quoted from the above website:

    First step
    • Glance through PMBOK first to just get a feel or high level view once.
    • In next reading understanding all the processes, interactions, and all the terms and concepts. Make notes that suit you.
    • Refer the notes and keep revising it till you feel comfortable.
    • You dont have to memorize PMBOK. Try to relate the terms , theories and concepts with your experience or with examples. The terms in PMBOK are inter-related to each other and everything can be mapped to real-life examples."
    Revision
    1. PMBoK , but this time reading it more throughly
    2. Abhishek's Version of Rajesh nair notes here on PMZilla.
    3. Rita Mulcahy's PMP exam Prep -Do solve all excercises from Rita. Its must for you. It will help to reinforce the concepts what you have just read.
    4. Headfirst / Andy Crowe / Kim Heldman - any one of these
    5. BrainBok.com forumula challenge Exam-75 Q
      Write down 42 Project Management processes on a piece of paper – just like on the PMBOK guide, page 49.
      write down the Earned Value Calculation Formaulae on a daily basis
    =============================================================================
    PREPARATION

    http://noamansayed.com/2012/01/my-pmp-study-plan-materials/
    Earned Value Management by Obsideo Training & Consultancy
    http://pmzilla.com/pmp-study-material-pmp
    http://pmzilla.com/memorizing-inputs-tools-and-outputs-pmp
    PmStudy.com
    =============================================================================
    TESTS
    1. PMStudy Free – 200 Questions http://www.pmstudy.com/enroll.asp
    2. Simplilearn – 200 Questions http://www.simplilearn.com/slportal/login/login.do
    3. Oliver Lehmann – 75 Questions http://www.oliverlehmann.com/pmp-self-test/75-free-questions.htm
    4. PMPForSure – 100 Questions http://www.pmpforsure.com/pmp/
    5. TechFaq360 – 200 Questions http://www.techfaq360.com/pmpmockexamstart.jsp
    6. Passionatepm – 100 Questions http://www.passionatepm.com/free-pmp-exam-practice-test-questions
    7. Bestsamplequestions – 160 Questions http://www.bestsamplequestions.com/pmp-sample-questions/pmp-sample-questions.html


  • PM Study (200 questions – online)
  • SimpliLearn (200 questions – online)
  • ExamCentral (200 questions – online)
  • HeadFirstLabs (200 questions – pdf)
  • Oliver Leahmann (175 questions – pdf)
  • Techfaq360 (200 questions – online

  • Check this link for details http://pmzilla.com/free-pmp-exam-important-links-best

    http://pmzilla.com/finally-passed-third-attempt-march-2013
    http://pmzilla.com/passed-2nd-attempt-july-5th-2013
    http://pmzilla.com/passed-pmp-3rd-attempt
    ============================================================================

    1. PERT(P + 4M + O )/ 6 Pessimistic, Most Likely, Optimistic
    2. Standard Deviation(P - O) / 6
    3. Variance[(P - O)/6 ]squared
    4. Float or SlackLS-ES and LF-EF
    5. Cost VarianceEV - AC
    6. Schedule VarianceEV - PV
    7. Cost Perf. IndexEV / AC
    8. Sched. Perf. IndexEV / PV
    9. Est. At Completion (EAC)BAC / CPI,
    AC + ETC -- Initial Estimates are flawed
    AC + BAC - EV -- Future variance are Atypical
    AC + (BAC - EV) / CPI -- Future Variance would be typical
    10. Est. To Complete
    Percentage complete
    EAC - AC
    EV/ BAC
    11. Var. At CompletionBAC - EAC
    12. To Complete Performance Index TCPIValues for the TCPI index of less then 1.0 is good because it indicates the efficiency to complete is less than planned. How efficient must the project team be to complete the remaining work with the remaining money?
    ( BAC - EV ) / ( BAC - AC )
    13. Net Present ValueBigger is better (NPV)
    14. Present Value PVFV / (1 + r)^n
    15. Internal Rate of ReturnBigger is better (IRR)
    16. Benefit Cost RatioBigger is better ((BCR or Benefit / Cost) revenue or payback VS. cost)
    Or PV or Revenue / PV of Cost
    17. Payback PeriodLess is better
    Net Investment / Avg. Annual cash flow.
    18. BCWSPV
    19. BCWPEV
    20. ACWPAC
    21. Order of Magnitude Estimate-25% - +75% (-50 to +100% PMBOK)
    22. Budget Estimate-10% - +25%
    23. Definitive Estimate-5% - +10%
    24. Comm. ChannelsN(N -1)/2
    25. Expected Monetary ValueProbability * Impact
    26. Point of Total Assumption (PTA)((Ceiling Price - Target Price)/buyer's Share Ratio) + Target Cost
    Sigma σ
    • 1σ = 68.27%
    • 2σ = 95.45%
    • 3σ = 99.73%
    • 6σ = 99.99985%
    Return on Sales ( ROS )
    Net Income Before Taxes (NEBT) / Total Sales OR
    Net Income After Taxes ( NEAT ) / Total Sales
    Return on Assets( ROA )
    NEBT / Total Assets OR
    NEAT / Total Assets
    Return on Investment ( ROI )NEBT / Total Investment OR
    NEAT / Total Investment
    Working CapitalCurrent Assets - Current Liabilities
    Discounted Cash FlowCash Flow X Discount Factor
    Contract related formulasSavings = Target Cost – Actual Cost

    Bonus = Savings x Percentage

    Contract Cost = Bonus + Fees

    Total Cost = Actual Cost + Contract Cost
    Critical Path formulas
    Forward Pass: (Add 1 day to Early Start) EF = (ES + Duration - 1)
    Backward Pass: (Minus 1 day to Late Finish)
    LS = (LF - Duration + 1)
    ES = Early Start; EF = Early Finish;
    LS = Late Start; LF = Late Finish

    EVA = Net Operating Profit After Tax - Cost of Capital (Revenue - Op. Exp - Taxes) - (Investment Capital X % Cost of Capital) EVA - Economic Value Add Benefit Measurement - Bigger is better
    Source Selection = (Weightage X Price) + (Weightage X Quality)
    from : http://pmzilla.com/formulas-pmp-pmp
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    PASS - PMP- done!! 
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