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Summary Project Management Exam Notes 2024 (PMP) - 185 pages of detailed content!

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Course
Course in Project Management

Institution
Course In Project Management

Are you studying for the Project Management Exam in 2024? Look no further, I've already done the work for you! This 185 page document is the only guide you'll need to supplement your studies. This guide covers everything from what to expect on the exam, cheat sheets and acronyms that helped me stud...

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Uploaded on July 7, 2024
Number of pages 185
Written in 2023/2024
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pmp exam prep
project management notes
pmp study guide
pmp certification
pmp exam tips
pmp practice questions
pmp study material
pmp process groups
pmp terminology
pmp
project management professional

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1

, The Project Management Professional exam has 180 questions, is pass/fail only (no score), and is
timed at 230 minutes. It’s a lot of material, but don’t worry, you’ll have two 10 minute breaks! The
format of the questions vary between multiple choice, multiple response, matching, hot spot
(diagram) and fill in the blank. On the exam, 42% of the questions will be about people, 50% about
process and the remaining 8% on business environment. The material will be half traditional project
management and half agile project management.

@thebudgetdoctor | www.thebudgetdoctor.ca | thebudgetdoctor.to@gmail.com

2

,baTABLE OF CONTENTS
TABLE OF CONTENTS.................................................................................................................................... 3
GENERAL TIPS.................................................................................................................................................5
PROJECT MANAGEMENT 101.........................................................................................................................5
Glossary................................................................................................................................................................. 5
INTRODUCTION TO PM PRINCIPLES........................................................................................................ 19
PMI Code of Ethics and Professional Conduct.............................................................................................. 19
12 Principles........................................................................................................................................................ 19
Performance Domains....................................................................................................................................... 21
ROLE OF THE PROJECT MANAGER........................................................................................................... 29
PMI Talent Triangle........................................................................................................................................... 29
Leadership Styles...............................................................................................................................................30
Integration..........................................................................................................................................................30
TRADITIONAL PROJECT MANAGEMENT..................................................................................................30
Process for Predictive Projects.........................................................................................................................31
49 Processes Of Traditional Project Management.........................................................................................31
5 Process Groups................................................................................................................................................ 34
10 Knowledge Areas (PMBOK 6).......................................................................................................................36
ITTO’s.................................................................................................................................................................. 36
TRADITIONAL PROJECT PROCESSES....................................................................................................... 46
Initiating Processes........................................................................................................................................... 46
Planning Processes.............................................................................................................................................51
Executing Processes.......................................................................................................................................... 98
Monitoring & Controlling................................................................................................................................ 115
Close Project or Phase..................................................................................................................................... 130
TRADITIONAL CHEAT SHEET........................................................................................................................132
AGILE PROJECT MANAGEMENT................................................................................................................135
Agile vs. Traditional..........................................................................................................................................135
Agile Manifesto................................................................................................................................................. 136
Agile Guiding Principles.................................................................................................................................. 138
Agile Methods....................................................................................................................................................138
Extreme Programming - XP........................................................................................................................... 143
Lean Development & Kanban.........................................................................................................................146
Kanban Development...................................................................................................................................... 148
Leading Effectively........................................................................................................................................... 149
Managing Risk................................................................................................................................................... 152

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3

, Value Prioritization...........................................................................................................................................152
Tools For Agile Projects................................................................................................................................... 154
Agile Contracting.............................................................................................................................................. 155
Agile Stakeholder Engagement.......................................................................................................................156
Agile Team Performance................................................................................................................................. 161
Tracking Team Performance.......................................................................................................................... 164
Agile Planning................................................................................................................................................... 165
Agile Estimation............................................................................................................................................... 166
User Stories....................................................................................................................................................... 167
Relative Sizing and Story Points.................................................................................................................... 168
Types of Iterations........................................................................................................................................... 170
Problem Detection and Resolution.................................................................................................................171
CONTINUOUS IMPROVEMENT.................................................................................................................. 175
Value Stream Map.............................................................................................................................................176
Pre-Mortems..................................................................................................................................................... 177
Retrospectives................................................................................................................................................... 177
HYBRID PROJECTS.....................................................................................................................................180
Definable vs Uncertainty.................................................................................................................................180
Four Life Cycles................................................................................................................................................180
AGILE TERM CHEAT SHEET.......................................................................................................................... 182
KNOW THESE WELL!.................................................................................................................................. 184
CONCEPTS WE CONFUSE OFTEN............................................................................................................. 185

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4

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