Project Management Practice Exam

About Project Management
Project management is the application of processes, methods, skills, knowledge and experience to achieve specific project objectives according to the project acceptance criteria within agreed parameters. Project management has final deliverables that are constrained to a finite timescale and budget.

A key factor that distinguishes project management from just 'management' is that it has this final deliverable and a finite time span, unlike management which is an ongoing process. Because of this a project professional needs a wide range of skills; often technical skills, and certainly people management skills and good business awareness.

Why is Project Management important?
The purpose of project management is to plan and manage a project to successfully complete its listed goals and deliverables. It involves identifying and managing risks, careful resource management, smart budgeting, and clear communication across multiple teams and stakeholders.

Project management is found as very important because it ensures what is being delivered, what is right and will deliver real value.

The main advantage of project management is that is helps you to manage your projects effectively, enabling you to resolve problems more quickly. It takes time and money to manage a project, however following good practices can help you:
•    improve your chances of achieving the desired result
•    gain a fresh perspective on your project, and how it fits with your business strategy
•    prioritise your business' resources and ensure their efficient use
•    set the scope, schedule and budget accurately from the start
•    stay on schedule and keep costs and resources to budget
•    improve productivity and quality of work
•    encourage consistent communications amongst staff, suppliers and clients
•    satisfy the various needs of the project's stakeholders
•    mitigate risks of a project failing
•    increase customer satisfaction
•    gain a competitive advantage and boost your bottom line

Who should take the Project Management Exam?
•    Project management professionals
•    Entrepreneurs or Innovators
•    Anyone who wants to assess their project management skills
•    Project managers and senior executives
•    Project management consultants
•    Professionals working in outsourced companies responsible for project management
•    Anyone who wants to learn the skills required for project management
•    Individuals who encounters project management within their day-to-day job
•    Students

Knowledge and Skills required for the Project Management

Critical thinking and good communication skills helps candidate to gain quick success for career in project management.

Project Management Practice Exam Objectives

Project Management exam focuses on assessing your skills and knowledge in project planning, scheduling, ethics, quality and implementation.

Project Management Practice Exam Pre-requisite

There are no prerequisites for the Project Management exam.

Project Management Certification Course Outline
1. Project Management Basics
1.1 Defining a Project
1.2 Who is a Project Manager
1.3 Project Manager Skills
1.4 Communication Skills
1.5 Critical and Systems Thinking
1.6 Negotiation Skills
1.7 Project Management History
1.8 The Project Triangle

2. Project Management Approach
2.1 Waterfall Model
2.2 Agile Basics
2.3 Scrum Basics

3. Strategic Management
3.1 Strategic Management
3.2 Innovation Management
3.3 Change Management
3.4 Project Leadership

4. Project Planning
4.1 Project Stakeholders
4.2 Developing Project Charter
4.3 Project Scoping
4.4 Project Budgeting
4.5 Project Feasibility
4.6 Estimation Tools and Techniques
4.7 Project Appraisal
4.8 Handling Project Risk

5. Project Scheduling
5.1 Base Lining
5.2 Developing the Project Schedule
5.3 Priority Assignment
5.4 Allocating Project Time
5.5 Scheduling Techniques
5.6 Arrow Diagramming Method
5.7 Forward Pass
5.8 Backward Pass
5.9 Precedence Diagram Method
5.10 Line of Balance (LOB)
5.11 Project Crashing

6. Project Implementation
6.1 Team Development and Management
6.2 Vendor Management
6.3 Contract Management
6.4 Project Control Tools and Techniques
6.5 Project Scope Creep Management
6.6 Project Optimization
6.7 Project Delivery
6.8 Project Documentation
6.9 Project Performance Metrics and Tools

7. Project Quality
7.1 Quality Standards
7.2 Lean
7.3 Six Sigma
7.4 5S
7.5 Kaizen

8. Project Economics and Finance
8.1 Project Economics
8.2 Financial Techniques (EUAC, NPV, IRR, B/C)
8.3 Project Valuation
8.4 Depreciation
8.5 Life Cycle Costing
8.6 Project Funding and Selection
8.7 Project Accounting

9. Project Ethics
9.1 Ethical Theories
9.2 Ethical Principles
9.3 Business Ethics
9.4 CSR
9.5 Project Ethics
9.6 Project Governance

10. IT based Project Management
10.1 Microsoft Project 2013
10.2 Open source tool
10.3 Online Cloud tools

11. International Project Management
11.1 Why International Project Management
11.2 Managing Cultural Diversity
11.3 Managing Global Teams

Exam Format and Information
Certification name – Project Management Certification
Exam duration – 60 minutes
Exam type - Multiple Choice Questions
Eligibility / pre-requisite - None
Exam language - English
Exam format - Online
Passing score - 25
Exam Fees  - INR 1199