PMP Exam Cram: Project Management Professional, 5/e

PMP

Fifth Edition

Michael G. Solomon

PMP Exam Cram, Fifth Edition

Copyright ? 2015 by Pearson Education, Inc.

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ISBN-13: 978-0-7897-5370-0 ISBN-10: 0-7897-5370-7

Library of Congress Control Number: 2014950142

Printed in the United States of America

First Printing: October 2014

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Contents at a Glance

Introduction 1 CHAPTER 1 Project Management Framework Fundamentals 21 CHAPTER 2 Professional and Social Responsibility 53 CHAPTER 3 Understand Project Initiating 77 CHAPTER 4 Examine Project Planning 97 CHAPTER 5 Explore More Elements of Project Planning 135 CHAPTER 6 Understand Project Execution 179 CHAPTER 7 Investigate Project Monitoring and Controlling 213 CHAPTER 8 Explain Project Closing 243

PMP Practice Exam 259 Answers to the PMP Practice Exam 303 Index 343

Table of Contents

Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 The Project Management Institute . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 What's New in the PMBOK Guide, Fifth Edition . . . . . . . . . . . . . 2 The PMP Certification Process . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 Registering for the PMP Certification Exam . . . . . . . . . . . . . . . . 4 Arriving at the Exam Site . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 In the Exam Room . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 About This Book . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 Using This Book and CD . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 Pearson IT Certification Practice Test Engine and Questions on the CD. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 Chapter Formats . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 Using the CD . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16 About the PMP Exam . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16 PMP Exam Topics . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17

CHAPTER 1:

Project Management Framework Fundamentals . . . . . . . . . . . . . . . . . . . 21 The Project Management Framework . . . . . . . . . . . . . . . . . . . . . . . . 22 What a Project Is and What It Is Not . . . . . . . . . . . . . . . . . . . . 23 What Project Management Is . . . . . . . . . . . . . . . . . . . . . . . . . 25 Changes in the PMBOK Guide, Fifth Edition . . . . . . . . . . . . . . . 25 Project Management Knowledge Areas . . . . . . . . . . . . . . . . . . . 27 Cram Quiz . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 Cram Quiz Answers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 Organizational Frameworks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31 Working with Organizational Politics and Influences . . . . . . . . . 32 Differentiating Functional, Matrix, and Projectized Organizational Structures . . . . . . . . . . . . . . . . . . . . . . . . . . . 32 Understanding Enterprise Environmental Factors . . . . . . . . . . . 34 Organizational Process Assets . . . . . . . . . . . . . . . . . . . . . . . . . 35 Cram Quiz . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36 Cram Quiz Answers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37 Project Life Cycle and Organization . . . . . . . . . . . . . . . . . . . . . . . . . 38 Understanding Project Life Cycles . . . . . . . . . . . . . . . . . . . . . . 38 Who Are the Stakeholders? . . . . . . . . . . . . . . . . . . . . . . . . . . . 41

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