Recently, I became a Project Management Professional (PMP) credential holder. I personally find the exam tough and the entire process stringent. Thus, I consider this achievement a milestone in my career.
In this blog, I will give advice, based on my own experience, how one can maximize the effort, and financial resources required to achieve the credential.
Just recently somebody asked me what my foremost advice would be if someone is seriously working into achieving the PMP certification. My foremost advice is also the most obvious.
1. Become a member of Project Management Institute (PMI). The benefits of membership are numerous. First, you get an immediate savings of approximately $10.00 in your application fee. The application fee for CBT (Computer Based Test) is $405 for members, and $555 for non members. To become a member, you are charged some $140 membership fee. Thus, in all, a new PMI member PMP applicant is charged $545, versus $555 for non-members. BUT (the big BUT), as a member you get free access to the Project Management Book of Knowledge (PMBok), latest edition, which is the basis of 90% of the PMP exam questions. Also, as a PMI member, you get access to the MyPMI dashboard (a portion of which is shown above). The dashboard makes it easy for you to apply for the credential online. Applying online is a big relief. PMI requires you to fulfill 4,500 project hours for degree holders, or 7,500 project hours for secondary school (high school) diploma holders. These project hours should have spanned all five process groups (initiating, planning, executing, monitoring and controlling, closing); and they have to be non-overlapping. These hours also need to be logged for each project, and confirmed by your direct supervisor.
I had a colleague who did the project hours logging using PMI paper forms. They are tedious, and tend to be messy. . The online application form is cleaner (shown in the right), and makes it easier for you to track if you already reached the required number of hours to apply for the credential.
Which brings me to my next advice.
2. Make sure to log your project hours accurately, and discuss the project description with your manager. The application process allows for certain liberties, after all the project hours are estimations. But if your application is selected for audit, your manager will be required to confirm (by a signature, with comments on a sealed envelop) your application - particularly the project hours, duration, and description. This also means...