Book Image

Becoming a PMP® Certified Professional

By : J. Ashley Hunt
Book Image

Becoming a PMP® Certified Professional

By: J. Ashley Hunt

Overview of this book

One of the five most prestigious certifications in the world, the PMP® exam is said to be the most difficult non-technical certification exam. With this exam guide, you'll be able to address the challenges in learning advanced project management concepts. This PMP study guide covers all of the 10 project management knowledge areas, 5 process groups, 49 processes, and aspects of the Agile Practice Guide that you need to tailor your projects. With this book, you will understand the best practices found in the sixth edition of the PMBOK® Guide and the newly updated exam content outline. Throughout the book, you'll learn exam objectives in the form of a project for better understanding and effective implementation of real-world project management tasks, helping you to not only prepare for the exam but also implement project management best practices. Finally, you'll get to grips with the entire application and testing processes in PMP® and discover numerous tips and techniques for passing the exam on your first attempt. By the end of this PMP® exam prep book, you'll have a solid understanding of everything you need to pass the PMP® certification exam, and be able to use this handy, on-the-job desktop reference guide to overcome challenges in project management.
Table of Contents (22 chapters)
1
Section 1: Introduction to Project Management and People
8
Section 2: Project Management Processes
17
Section 3: Revision
19
Chapter 16: Final Exam

Trends and emerging best practices in project procurement management

Many significant trends are happening due to the influx of software programs and other technologies, as well as potential risks to either the buyer or seller—or both—and how different industries benefit from different contractual relationships.

The main trends include the following:

  • Advances in tools and software
  • More advanced risk management, in which the buyer will need to take on risks that contractors can't handle or have control over
  • Changing practices in contracts, to include megaprojects and standardized international contracts with multiple contractors from different countries
  • Logistics and supply chain management
  • Technology and stakeholder relations
  • Trial engagements before a long-term contract is signed

How your organization manages procurements will also drive which of these trends apply to both your industry and your project needs. In an Agile environment...