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PMBOK-5th Project Management 5th Edition

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RTA to hang the fifth Dubai foreign venture administration forum in Dec 2018 | killexams.com Real Questions and Pass4sure dumps

Dubai, United Arab Emirates-(AETOSWire): The Roads and Transport Authority (RTA) in Dubai will cling the fifth round of the Dubai foreign challenge management forum (DIPMF) from 8th -11th December 2018 beneath the theme ‘building international locations.’ The experience will be co-equipped via the Dubai electrical energy & Water Authority (DEWA), DP World, Emaar and the challenge administration Institute (PMI). Registration for the forum opens on may also three, 2018, in the course of the website (www.dipmf.ae).

HE Mattar Al Tayer, Director-ordinary and Chairman of the Board of govt directors of RTA, referred to, “The staging of the DIPMF is part of RTA’s endeavours to play an energetic role in guidance the development force in the area. The event displays the enthusiasm of Dubai, in its capacity as an Arab metropolis with a worldwide profile, to behave as a hyperlink in sharing advantage, ideas and visions between authorities of quite a few industries global. The forum has evolved into a worldwide platform with the participation of visionary world specialists who have inventive concepts contributing to the a hit birth of mega tasks.”

 ‘constructing international locations’ has been counseled as the theme this year, which matches neatly with the UAE government drive designating 2018 because the 12 months of Zayed. The year is widely known to show off the position of the late Sheikh Zayed bin Sultan Al Nahyan in establishing the UAE and making towering achievements in the neighborhood & globally in addition to spotlighting his care for international locations and americans.

commercial

issues include: Future/historical past of mission management, project administration Maturity, synthetic Intelligence in undertaking administration, undertaking administration for Innovation, and venture administration for Digitalization/Digital Transformation amongst others. professional practising lessons might be held on the sidelines of the experience tackling management, best & competition, and a lot of extra.

Ms Laila Faridoon, executive Director of the office of RTA Director-customary and Chairman of the Board of govt administrators Chairperson of the DIPMF Organising Committee, pointed out, “Over the 4 past versions, the DIPMF has made massive achievements judging with the aid of the number of attendees, international speakers and themes discussed. greater than 6000 delegates from 50 countries took half during the past editions of the experience.”

all through the fifth DIPMF, winners of the Hamdan bin Mohammed Award for Innovation in undertaking management could be honoured. The purse of the Award has elevated with the aid of 29% to reach AED2.6m (US$710,000). Award categories have multiplied to four following the introduction of the academic class, which comprises the Scientific analysis Award for resourceful PM, and resourceful PM (tutorial class). The second (corporate) class has three awards: innovative thought in PM, innovative theory in Programmes administration, and inventive thought in projects Portfolio. The third (particular person) class contains the creative challenge manager and the Director of ingenious PMO. The fourth (teams) class includes the imaginative group Award.

*source: AETOSWire

Contacts:RTAFiona D’Cunha,+97142903698Fiona.dcunha@rta.ae

© Press release 2018

PMBOK ebook, 5th version: What’s New and (practically) unique | killexams.com Real Questions and Pass4sure dumps

Are you in a position for the newest guide to the task management body of knowledge? PMI is poised to release the new version of the PMBOK e-book before the conclusion of 2012. Product administration advisor Joseph Phillips describes in detail how PMBOK book, fifth edition has brought and removed venture approaches, clarified old version, and contains a completely new project abilities area.

From the author of 

in case you’re like me, and i suspect you're, you’ve been counting down the times except the brand new and more advantageous challenge administration body of potential (PMBOK) e-book, fifth edition is because of unencumber. It’s like waiting for the subsequent episode of The jogging dead, football season to delivery, or gosh, even waiting for Disney on Ice to roll into city. well, might be. however it’s starting to turn into a tradition for the task management Institute (PMI) to replace its book, the PMBOK book, each three or four years. It’s like expecting the seven-yr cicada to come out once more.

hi there, I’m no critic of the PMBOK ebook—it a phenomenal publication for mission managers to use as time-honored guide to project administration. It’s written by a host of volunteer writers, volunteer editors, and a whole lot of people chip in each few years to assessment the ebook. To these individuals who’ve written, edited, and reviewed the PMBOK guide, 5th version for gratis, I say, “thank you!” And if you accept as true with the a whole lot of hundreds of challenge managers, want-to-be challenge managers, groups, and PMI-exam candidates who can be reviewing the work, it’s a true success—in particular should you agree with the charge of the PMBOK e book is ready $35, depending on when and the place you purchase it. Cha-Ching!

I’ve been some of the fortunate hundreds who've a replica of the PMBOK guide, fifth edition in draft mode. in case you’ve never study the earlier versions of the PMBOK earlier than (lucky!), you’ll be glad to grasp that this edition follows the identical drone as its predecessors. again, not mocking, simply providing you with a fair warning. as an instance, you’ll study zingers like this one within the new PMBOK e book: “A undertaking management workplace (PMO) is an organizational body or entity assigned a lot of duties involving the centralized and coordinated management of these projects under its area.”

if you’re making ready for the mission administration knowledgeable (PMP), the certified linked in mission management (CAPM), or you are looking to definitely dig into the PMI method to task administration, you’ll want a copy of the PMBOK book, fifth edition. It’s expected to be launched within the fourth quarter of 2012 (makes a nice Christmas present!). If past experiences are any indicator of future expectations, PMI usually changes its certification assessments about six to eight months after a brand new PMBOK ebook is released. So, if you’re at present working in opposition t your PMI certification I’d wager you have unless September of 2013. keep getting to know PMBOK e-book, 4th edition unless you hear in any other case.

PMBOK 5: What’s in It?

within the draft edition of the PMBOK e-book, 5th edition, you are going to locate some juicy changes. Most principally is a totally new capabilities area: stakeholder management, which I’ll talk about in a moment. This capability there at the moment are 10 competencies areas—some thing that’s caused a little bit of controversy on the weblog roll and in my PMP Boot Camps. Wasn’t stakeholder administration important all alongside? Did stakeholder all at once become more vital? while stakeholder management has been in the PMBOK ebook, in some kind all alongside, the acknowledgment to the importance of stakeholder involvement is now stressed.

This version of the PMBOK ebook now has 47 methods recognized, instead of the forty two project administration methods you understand and love now. many of the new approaches are linked to the new stakeholder administration process, but you’ll also find that challenge planning for every potential enviornment of a challenge had been delivered. as an instance, there’s now planning as a method for scope, time, charge, quality, human substances, communications, procurement, and stakeholder administration. in the remaining version of the PMBOK ebook, this was just all tucked into one talents enviornment as opposed to spread around among the potential areas. All of those planning add-ons assist create the complete mission management plan and its subsidiary plans.

The undertaking management workplace (PMO) now plays a extra significant role in this PMBOK edition. You’ll locate that the PMO can be supportive, controlling, or directive. And depending on which flavor of the PMO your organization has carried out, you’ll discover rules and characteristics that affect the way you get to control your assignment. in spite of the fact that you don’t have a PMO, you’ll locate more information about policies and mission governance. Gotta follow the suggestions! suggestions practice to all of the task team individuals (full-time or part-time contributors), the assignment manager, the project sponsor, and the new classification of stakeholders.

The PMBOK guide, fifth edition writers have introduced some well-known tips about other mission management methodologies. mainly, there’s an outline of Agile, Waterfall, and the Adaptive strategy. here's high-quality, however I consider it’s in fact an attempt for PMI to dovetail the PMBOK guide into its PMI-Agile licensed professional (PMI-ACP) designation. The writers also supply some insight into how to in fact calculate the essential direction of a venture community diagram—something that turned into sorely vital, however I consider their clarification is a little missing.

a nice addition to this edition is that there’s (ultimately!) a desk of the entire earned cost management formulas. Earned value management (EVM) is a set of formulation that support a project manager evaluate how well the mission is performing and make predictions of how smartly the challenge is probably going to finish on time and on prices in accordance with the current measurements. EVM is a high-quality approach to tying a dollar amount to assignment performance in line with what became deliberate and what became experienced.

Now let’s dig a bit deeper and determine the expected alterations to the meat of the PMBOK: the undertaking management skills areas.

The massive trade: mission Stakeholder administration

The biggest exchange in the PMBOK ebook, 5th edition is the addition of a data enviornment: challenge Stakeholder administration. previously, stakeholder administration was part of project communications management. It’s grown over the years and is now its personal skills area filled with goodness and issues task managers—first rate venture managers—have been doing all along. First, a stakeholder is anybody or community who's plagued by your mission.

feel of a project to installation a new piece of software in a company with 1,200 clients. Stakeholders during this scenario often is the venture manager, the challenge, the mission sponsor, vendors, managers of the 1,200 americans, the IT branch, the individuals who would at last aid the software, the support desk, and the man in accounting who holds up the buy. All of that's even before the 1,200 people directly affect with the aid of the mission. These americans are all stakeholders—and you could even consider of extra stakeholders in your company.

mission stakeholder management is damaged down into four methods that you simply’ll do as a task supervisor:

  •   identify the challenge stakeholders: You have to determine all the stakeholders as early in the assignment as viable. The longer you wait the more severe it’ll be—like most things in life. making a choice on the mission stakeholders comprises documenting who’s who and what their needs, desires, perceived threats, and expectations are.
  •   Plan stakeholder administration: You want a methodology on the way you’ll control the various kinds of stakeholders, have interaction the stakeholders in the task, when the stakeholders need to participate, and what the stakeholder considerations may well be as the mission is in motion.
  •   manage stakeholder engagement: The challenge manager must lead the can charge on getting stakeholders concerned within the challenge. here is very true if you need stakeholder enter on selections, actions, and selections to allow your assignment to movement ahead. This system meshes with task communications administration.
  •   control stakeholder engagement: Some stakeholders will are looking to, or should, be greater engaged in the challenge than others. This capacity the venture manager will deserve to evaluate and strategize on which stakeholders should still be involved at distinctive points within the task, the depth of engagement vital from the stakeholders, and the challenges that could be linked to the stakeholder engagement or resistance of the stakeholder to be engaged.
  • What’s subsequent

    yes, venture stakeholder management is the massive addition to PMBOK 5, but it’s not the best alternate. In my subsequent article, I’ll run down the changes for every of the different mission administration capabilities areas.


    assignment administration professional (PMP) examination Overview | killexams.com Real Questions and Pass4sure dumps

    Professor Vijay Kanabar may be instructing an online challenge administration skilled (PMP) exam Overview beginning Friday, December 18th. This on-line path provides an overview of the PMP certification. This week, he'll deliver an overview of the path, describe the PMP technique, cowl some fabric and describe how this free overview direction differs from the PMP Bootcamp paid version. in case you are interested in becoming a member of, registration is not required for the overview.

    Attendees are added to the PMP examination as neatly as the ten skills areas and 47 methods contained in PMBOK fifth edition. The route is partitioned through the 5 method areas and also you should study them either via your self or in teams that we'll organize.

    This direction will meet at http://bu.adobeconnect.com/pmp (hyperlinks to an exterior website) from 12:00 p.m. to 1 p.m. EST on right here days:

  • Friday, December 18th – Overview and functions/Initiation part
  • Saturday, December twenty sixth  – Planning procedures Overview
  • Saturday,  January 2nd  –  Planning approaches Overview
  • Saturday, January twenty third – Execution part
  • Saturday, January thirtieth  – video display & manage section
  • Saturday, February 6th – Closing & Wrap-Up
  • movies from previous classes might be made obtainable.

    Required Textbook:

    1) PMBOK e book fifth edition, obtainable for gratis to all PMI individuals.

    2) different free substances could be provided in the overview direction.

    if in case you have any questions, please e mail Professor Kanabar without delay at kanabar@bu.edu.

    assignment administration skilled (PMP) exam Overview

    Posted three years in the past on Thursday, December seventeenth, 2015 in NewsBytes

    View all posts


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    Project Management 5th Edition

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    Dubai RTA announces recommendations of the 5th Dubai International Project Management Forum | killexams.com real questions and Pass4sure dumps

    Roads and Transport Authority – Nashwan Atta’ee:

    Dubai Roads and Transport Authority (RTA) has revealed the findings and recommendations of the 5th Dubai International Project Management Forum (DIPMF) 2018 under the theme ‘Building Nations’ as it coincided with the Year of Zayed. The event was held under the patronage of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai Crown Prince and Chairman of the Executive Council.

    Ms. Laila Faridoon, Executive Director of the Office of the Director General and Chairman of the Board and Executive Directors of RTA and Chairperson of the Organising Committee of DIPMF, said, “During the 5th DIPMF 42 sessions were held comprising 6 Keynote speeches, 7 workshops, 3 discussion panels, 24 parallel sessions and three closed sessions. About 2000 delegates took part in the Forum amongst the world’s leading project management intellects.”

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    “The success of the Forum is reflected in the attendance of world-class speakers and business executives. Such a success has led to a series of findings that support and enrich the project management concept across the UAE and the region,” said Faridoon.

    “Recommendations are focused on several key aspects namely: Innovation in Project Management, Organisations Project Management & Governance, Benefits Management, Agility and Simplicity, Disruptive Technology and their impact on project management, Youth & Students, Kick Start Your Business and Managing Energy Transformation,” she added.

    Recommendations

    Innovation in Project Management

    Organisations should set innovation in project management as a success factor. Leaders should empower their team, stimulate their creativity, and provide a safe environment to experiment.  

    Organization Project Management & Governance

    The alignment between programs and projects with the organization strategy should be validated frequently. Organisations should pay more attention to the people side of the change.

    Benefits Management

    Benefits should be managed as a holistic and integrated approach from an organisation portfolio down to the project level. Organisations should consider the social impact of projects and programs in their benefits realisation plans.

    Agility and Simplicity

    The PMO should play a focal role in driving the organisational agility. Organisations should deal with agile as a mindset applicable to all areas. Organisations should always look into simplifying their processes to enable more success. Leaders should embrace agility and simplicity. This is the way to win.

    Disruptive Technologies

    Organisations should leverage Artificial Intelligence (AI) and make sure they include AI measures in their Key Performance Indicators (KPIs). Organisations should be prepared to get maximum benefits from disruptive technologies in the project management field. Organisation should look into investing in Blockchain to enhance visibility, reduce risk, and improve performance.

    Youth & Students

    Organisations should increase the use of shadowing as a technique to strengthen the Youth’s ability to take on more responsibilities that are senior. Youth project managers should use the latest technologies to accelerate their journey to a smarter future. Digital economy investors should target more investment in the talent and capabilities of the next generation.

    Kick Start your business

    Startups should not focus on profit as the primary objective. Long-term success is linked with the choice of objectives. Startups should have enough awareness of the eco-system and existing culture.

    Managing Energy transformation

    The world needs a change in mindset and culture to achieve higher utilisation of clean energy. Governments should use education, legislation and enforcement to ensure that transformation into clean energy leads to a better life.

    “These recommendations and findings are a result of the international attention to the Dubai International Project Management Forum, which attracts a host of representatives of business sectors across the world. The RTA will endeavour to study these recommendations and put them into action to enhance the project management concept Dubai; which plays a pivotal role in driving project management in the region and the world over. Such findings will set the foundation for the 6th edition of the event in 2019.

    -Ends- 

    © Press Release 2018

    NGO Organises Free Training For 380 Women In Abuja, Jos | killexams.com real questions and Pass4sure dumps

    A non government organization, Mums Booth has organized its 5th edition of training tagged “Project Start Bump” to train and equip women, youths with fundamental business skills, how to convert skills learned to a business and also understanding the importance of marketing.

    The training centred on the business of vocational skills like hair making, baking, catering, Information Technology etc has benefited over 380 women and 52 Children both in Abuja and Jos from previous editions.

    The convener, Mrs Martha Tawiyah while speaking to newsmen, said a lot of people trained on these skills have challenges of launching out, because they don’t understand how to launch the business side of it.

    On the achievements recorded so far from the trainings, she said; “The success stories are really good. I’m amazed a lot of times, because it’s a one day programme and they make it intensive. A lot of women have started their businesses, so they have good feedback.”

    Tawiyah however called for support from government and cooperate bodies in order to extend the training programme to a few more days. “There’s a lot of work on ground,” she said.

    Guest speaker from DBinnovations Centre, David Babale, while speaking said so many people are doing things, but they lack a structure to scale it. “People make small money when they can make much more, they make small impact when they can make bigger impact. One of the things I like about the people I’ve spoken to today is, it’s not that people are bereft of ideas in doing things. What Project Start is doing is to help people see that they can do more, scale it big. This Project will help people structure what business they’re doing.”

    One of the beneficiaries of the training, Vivian  Agboola while speaking said; “I’ve been a product of Project Start from inception and it has been an awesome and inspiring experience. They have been taught so well, and I was able to get involved in many areas, majorly in the area of makeup and bead making and I have greatly improved.

    “Today’s training which is basically on the business aspect is very important. I know I really need it. In the area of business management I’m not too good at it. You know its one thing to learn a skill and another thing to know the business aspect. Through this training, I will gain knowledge about profit, income and cash flow processes better.”

    While advising other budding entrepreneurs, she said; “In business passion, determination and interest is key. When you have all these you will be motivated to go into the business. As an enterprenuer, it is possible because everyone has a potential embedded in him/her, it is now left to us to harness those God given potentials. Just have the passion and drive to move on.”


    PMP certification: How to ace the Project Management Professional exam | killexams.com real questions and Pass4sure dumps

    Preparing for the Project Management Professional (PMP) exam can be challenging. According to the Project Management Institute (PMI), project professionals spend on average more than 35 hours preparing for the PMP exam. Even this amount of preparation is no guarantee that you will pass on the first try.

    Following are details about the PMP certification and why it is so valuable, as well as insights into the layout of the exam, the prerequisites, costs, and tips on how to ace the exam.

    What is the PMP certification?

    The PMP certification by the Project Management Institute (PMI) is the most industry-recognized certification for project managers. Project managers who earn the PMP certification meet global project management standards and are connected to other PMPs worldwide.

    PMPs bring formalized training and tested knowledge that provides employers with peace of mind, knowing that their project managers are held to the stringent uniform standards imposed by PMI.

    PMP salaries

    The PMP certification offers a rewarding career, greater flexibility, potential for growth, and a salary boost. In fact, PMP salaries are on average 20 percent higher than those of uncertified project management professionals, according to PMI’s ninth edition salary survey.

    To find out more about project management pay, see “Project management salaries: Talent gap reveals long-term growth.”

    The PMP exam standards

    According to the PMI, the PMP certification is aligned “with certification industry best practices, such as those found in the Standards for Educational and Psychological Testing. The PMP credential is also accredited against the internationally recognized ISO 17024 standards.”

    Eligibility requirements for the PMP exam

    There are two possible sets of requirements for the PMP exam:

  • Secondary degree (high school diploma, associate’s degree or the global equivalent)
  • 7,500 hours leading and directing projects
  • 35 hours of project management education
  • Or:

  • Four-year degree
  • 4,500 hours leading and directing projects
  • 35 hours of project management education
  • The PMP certification process

    You will first need to meet the “eligibility requirements” outlined above and apply for PMP certification through the PMI website. Supporting documentation is not needed during the application process, but you will be required to send supporting documents if your application is selected for a random audit.

    How much does it cost for the PMP certification and where do I complete the exam?

    The cost for PMI members is $405 (U.S.). For non-members the exam costs $555 (U.S.). PMP exams are proctored at PMI-approved education providers.

    The exam content and 2018 changes

    The Project Management Body of Knowledge (PMBOK) Guide – Sixth Edition, released September 2017, has triggered some PMP exam changes. The changes take effective on March 26, 2018. If your exam is scheduled to be written prior to March 26, you will be writing the current version based on the PMBOK Guide – Fifth Edition; otherwise, be prepared for the new exam based on the sixth edition.

    The exam material closely references the PMBOK Guide but is not a test of the guide itself. Primary PMBOK changes in the sixth edition include lexicon and terminology changes and closer linkage of process groups, tools, and techniques. Other changes include a chapter on the project manager’s role, including successfully leading projects, core competencies, and the types of experience and skills needed to be effective. Time Management has been renamed as Schedule Management, Human Resource Management has been renamed as Resource Management, and all areas now feature four new sections:

  • Key concepts
  • Trends and emerging practices
  • Tailoring considerations
  • Considerations for Agile/Adaptive environments
  • PMP exam structure

    The PMP exam is made up of 200 multiple choice questions, comprised of 25 pretest unscored questions and 175 scored questions broken down by phase as follows:

    Exam section Percentage of the exam Initiating 13 percent Planning 24 percent Executing 31 percent Monitoring and Controlling 25 percent Closing 7 percent

    Source: Project Management Professional (PMP) Exam Outline

    For a closer look at the PMP exam, see the PMI’s “Project Management Professional Examination Content Outline.”

    How can you prepare for the exam?

    PMI suggests the following steps to ensure you have adequately prepared for the exam. 

  • Thoroughly go through the PMP handbook
  • Review the current PMP exam content outline
  • Become familiar with the PMP sample questions
  • Take a formal study course. Here are just a few PMP certification prep options:
  • Study the latest edition of the PMBOK Guide. Depending on the date you plan to write the exam, it may be the fifth or sixth edition, as noted above.
  • Tips for acing the PMP exam on the first try

    In addition to taking PMI’s advice for studying, the following tactics will help make sure you are amply prepared to pass the exam on your first try:

  • Break down the PMBOK chapters and sections over a period of six months and take your time focusing on key points to ensure material consolidates in your mind overnight. This allows the material to “stick” instead of just be committed to short-term memory.
  • Do not try to do other things while studying.
  • Only study for 50-minute blocks and take a break completely away from the material for 10-minute spurts to give your mind and body a breather.
  • Just before the exam and just after, avoid talking about the exam with anyone. Trust you have prepared sufficiently. Discussing the exam only creates confusion and doubt. When writing the exam breathe and use common sense. Sometimes what can trip you up are your own nerves. Try to stay calm and again trust that you are prepared.

    How to maintain the PMP certification and maximize its value

    Qualifying for the PMP and preparing for the exam can be a time-consuming and overwhelming endeavor, but well worth it due to the rewarding career path. But passing the exam is just the beginning. PMI requires certification holders to follow PMI’s “Continuing Certification Requirements (CCR) program and earn professional development units (PDUs).” This amounts to paying the annual membership renewal fee, and earning and reporting 60 PDUs every three years.

    PMI offers additional information on how to maintain your certification and how to earn and report PDUs.

    Related project management articles:

    Copyright © 2018 IDG Communications, Inc.



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