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

Conduct procurements

Remember that procurement activity may be performed throughout a project, especially a long-term project with multiple procurement needs for materials, equipment, or staff. Week 1 you need widgets; week 15 you need the staff to join the project; and so on. The conduct procurements process is designed to help you and your team obtain bids or responses from sellers based on your procurement SOW and implied project needs, vet those responses, select sellers, and award a contract. A key benefit of this is that a seller is selected for a specific scope of work and will go through the negotiation process with the contract administrator, and be offered the stated agreements that best fit both parties. That could be a formal contract, or an SLA and the like. Because this process is iterative, as needed, you'll see a lot of inputs and outputs to consider. Don't be overwhelmed by them; it is simply a cautionary list that when entering into formal legal agreements...