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Assumptions
for PMP® Exam / Reading PMBOK® Guide
While
taking the PMP Exam or while reading the PMBOK® Guide – Always remember:
1. Project Manager is responsible for Project(success/ failure)
2. You are working in very BIG project (USD 1 Billion)
3. Change is considered as BIG (USD 1 Million)
4. You are working in Matrix (Strong)
5. You are buyer in procurement Management
6. You know about Product and Project life cycle
7. You know about General Management and interpersonal skills
8. Major Stakeholders for exam preparations:
a.
Sponsor : Who funds the project
b.
Client : Who has a need for a project
c.
Performing organization : Who executes
the project
d.
End User : Who benefits from the project
Note: These are the four major stakeholders in any project. While answering questions in your exam or preparing for your exam always consider these stakeholders as separate entities. The Sponsor always has a higher authority with respect to the Project.
Process Groups
Initiating : Authorizing
Planning :
How to execute, Monitor & control and close
Executing :
Putting plans to into actions
M & C :
Plan, Actual, Status, Progress, forecasting and
recommendations
Closing :
Handover
For more details visit www.infocareerindia.com
Author : G Lakshmi Sekhar,B.E.,PMP,ITIL-F,Prince2-F,PMI-SP
