PMP'Exam Prep

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Thank you to new readers of this book who put up with my humor and laughter as I show you the tricks for learning, rather than memorizing, to pass the PMP exam,. Thank you to the ... Rita's Process Chart-Cost Management. Practice Exam.
PMP'Exam Prep Rapid Learning to Pass PMI''s PMP Exam0n Your FIRST Try!

RITA MULCAHY PMP

Thank you to new readers of this book who put up with my humor and laughter as I show you the tricks for learning, rather than memorizing, to pass the PMP exam, Thank you to the thousands of people who used earlier editions to make this the bestselling and most effective way to get ready to pass the PMP exam!Your support and

encouragement since this book was first published in 1998, helping to create the PMP exam prep industry, has been ovenruhelming. After six editions, you have helped to make this a kuly unique and effective product. To Tim,

who always encourages me to make a great thing better.

To Jeff, Laurie, and Mary, who help make that a realityl To Kerry and Connor, whose little smiles make me realize why I work this hard, To the rest of the spectacular team at RMC Project Management and RMC Publications.

When I am running around like a tornado, it is great to have such a strong anchor!

Copyright@ 2009 by Rita Mulcahy, PMP. All rights reserved. Except as permitted under the United States Copyright Act of 1976, no part of this publication may be reproduced or distributed in any form or by any means, or stored in a database or retrieval system, without the prior written permission of the publisher.

Printed in the United States of America First Printing ISBN 97 8-r -9327 35-18-s

Library of Congress Control Number: 2008941532 RMC Publications, Inc. Phone: 952.846.4484 Fax: 952.846.4844

E-mail: info@rmcproj ect.com Web: www.rmcproj ect.com

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About the Author Chapter 1 The PMP Exam

1

I

Why Take the PMP Exam? Qualifying to Take the Exam Are You Ready for the PMP Exam? Applymg to Take the Exam How to Use This Book Other Materials to Use to Study for the PMP Exam What Is the PMP Exam Like? How to Study for the PMP Exam

I 2 3 3

7 8 13

Your Step-by-Step Study Plan A Trick for Taking Notes-Using Mind Maps to Organize Your Mind Recurring Themes-PMl-isms to Know for the PMP Exam

Chapter 2 Project Management Framework

13

15 T7

21 33

Practice Exam

Ghapter 3 Project Management Processes

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Rita's Process Chart Rita's Process Game

43 46

Practice Exam

90

Chapter 4 Integration Management

97

Ritab Process Chart-Integration Management Proj ect Charter-Small Proj ect Proj ect Charter-Large Proj ect Practice Exam

98 100 103

132

147

Chapter 5 Scope Management Rita's Process Chart-Scope Management

148

Practice Exam

170

179

Chapter 6 Time Management Rita's Process

Chart-Time Management

180

217

Practice Exam

229

Chapter 7 Cost Management Rita's Process

230

Chart-Cost Management

Practice Exam

2s0

The Numbers Game

261

Chapter

I

267

Quality Management Chart-Quality Management

268 293

Rita's Process

Practice Exam

@ 2009 RMC Publications,lnc o 952.846.4484

. [email protected] . www.rmcproject.com

v

Chapter 9 Human Resource Management Rita's Process

Chart-Human

303

Resource Management

304

Practice Exam

335

Chapter 1 0 Communications Management

347

Rita's Process Chart-Communications Management

348

Practice Exam

364

Chapter 11 Risk Management Rita's Process

373

Chart-Risk Management

374

Practice Exam

405

Chapter 12 Procurement Management

417

Rita's Process Chart-Procurement Management

418 470

Practice Exam

Ghapter 13 Professional and Social Responsibility

481

Rita's Process Chart-Professional and Social Responsibility

482 494

Practice Exam

Chapter 14 Reasons You Might Fail the Exam

505

Putting It All Together Formulas to Know for the Exam

vl

505 513

Before You Take the Exam

514

Tricks for Taking the PMP Exam Common Project Management Errors and Pitfalls

515 5L7

Notes

521

Index

531

@ 2009 RMC Publications, Inc

. 952.846.4484 . [email protected]

o www.rmcproject.com

Rita Mulcahy, PMP, is an internationally recognized expert in project management and a highly sought-after project management author, trainer, and speaker. She has over 30 best-selling project management resources to her credit, and has been a Contributor and Reviewer to the Project Management Body of Knowledge (PMBOK' Guide). Rita has taught and spoken to tens of thousands of managers and executives, and her products, classes, and e-Learning courses have helped over 250,000 people become more effective at managing projects. Her book, Risk Management, Tricks of the Trade" for Proiect Managers, won the Professional Development Product of the Year Award from the Project Management Institute (PMI). Rita has over 14 years and U.S. $2.5 billion of hands-on project experience on hundreds of IS, IT, new product, high-tech, service, engineering, construction, and manufacturing projects. She has served as an acting PMI Chapter President and Vice President for more than seven years, and has taught project management courses for four major universities and Fortune 500 corporations.

Rita is also the founder of RMC Project Management, an international project management speaking, training, and consulting firm, a Global Registered Education Provider with PMI, and one of the fastest-growing training companies in the country. RMC specializes in real-world project management training-interpreting the PMBOK' Guide for real-world use and helping companies use the latest project management tools and techniques to complete projects faster, with less expense, better results, and fewer resources. RMC provides training in basic and advanced project management for team members, project managers, project management offices, and senior management. At the present time, RMC can deliver classroom training ranging from a half-day workshop to a three-day training experience, on any of the following topics:

> Project Management Fundamentals > Project Risk Management > Determining and Managing Requirements > Common Project Problems > Troubled Project Recovery > Negotiation > Contracts and Procurement > Best Practices > And More

@ 2009 RMC Publications,Inc o 952.846.4484

. [email protected]

o vvww.rmcproject.com

vii

Ffee UpdateS Purchase of this book includes

access to updates regarding the PMP exam, as well additional tricks, tips, and information to help you prepare for the exam. Access this information at www.rmcproject.com/extras. Have this book with you when you go to the Web site. as

We Need You to Help Us Stop Copyright Infringement As the publisher of the best-selling PMP exam prep book on the market, RMC is also, unfortunately, the most illegally copied. It is true that many people use our materials legally and with our permission to teach PMP exam preparation. However, from time to time, we are made aware of others who copy our exam questions, Tricks of the Trade', and other content illegally and use them for their own financial gain.

If you recognize any of RMC's proprietary content being used in other PMP exam prep materials or courses, please notify us at [email protected] immediately. We will do the investigation. Please also contact us at the e-mail address above for clarification on how to use our materials in your class or study group without violating any laws. COntaCt US We love to hear your feedback. Is there anything in this book that you wish was expanded? Is there anything that we focus on too much, or is there anything not covered that you think should be here? We would love to hear from you. Send us an e-mail at [email protected].

"Tricks of the Trade" and "PM FASTrack'are registered trademarks of RMC Project Management,Inc.

'PMPj''PMBOKI''CAPM;"'OPM3;'and

"PMI" are marks of the Project Management Institute,Inc. RMC Project Management has been reviewed and approved as a provider of project management training by the Project Management Institute (PMI). As a PMI Registered Education Provider (R.E.P.), RMC Project Management, an affiliate of RMC Publications, Inc., has agreed to abide by PMI-established quality assurance criteria.

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@ 2009 RMC Publications, Inc o 952.846.4484

. [email protected] . www.rmcproject.com