Project Management is the strategic competency that enables organizations to deliver expected benefits and value in order to achieve strategic goals, realize business opportunities. We do this through effective planning, organization, and risk mitigation. Projects are intended to be temporary and to deliver a unique product or service. Project management is the application of knowledge, skills, tools, and techniques to project activities that help ensure the project will be successful in delivering its intended result. Project management includes stuff like knowing how to define the necessary work, manage to a schedule and budget, deal with problems, direct teams, collaborate with everyone who has a stake in the project, and most importantly, communicate effectively up, down, across and outside the organization.

PMI® is the world’s largest Project Management member association, representing more than half a million Project Managers in over 185 countries. As a global thought leader and knowledge resource, PMI® advances the profession of Project Management by developing global standards and credentials, creating collaborative communities, and conducting and publishing academic research.

• More than 450,000 members and credential holders in 171 countries
• 11 Global Standards provide a common framework and language for projects across industries and regions
• 5 specialized credentials based on both knowledge and work experience
• Research
• Accreditation of academic programs, registration of other training provider (REPs)

There are 5 credentials. You can apply for any certification that matches your qualifications, and no certification serves as a prerequisite for another.

• Project Management Professional (PMP)^®
• Certified Associate in Project Management (CAPM)^®
• Program Management Professional (PgMP)^®
• PMI Scheduling Professional (PMI-SP)^®
• PMI Risk Management Professional (PMI-RMP)^®

PMI admister PMP exam at Pearson Vue testing Center to organize their Computer Based Test (CBT) at
 

1. Pearson Professional Centers-Bangkok, Thailand

2. The Enterprise Resources Training Co.,Ltd

3rd Fl Charn Issara Tower II, Rm 331-332
2922/135-136 New Petchburi Road
Bangkapi, Huaykwang,
Bangkok
10320
Thailand

Phone:

66 2 718 1599

Direction:The Way to go:
Bus station :
Bus No.512, No.206, No.72, No.93 ,No. 206, No. 11, No. 99, No. 60, No.113

BTS sky train:
Drop at Thonglor Station

MRT (Under ground Train)
Drop at Petchaburi Station and contiue bus to Charn Issara Tower II

The PMP® Certification represents an investment in yourself, your career and your marketability. The PMP® credential is recognized and highly regarded throughout the world by employers and peers. PMP® Certification is a widely accepted standard demonstrating a professional level of competence in project management. Many employers seek candidates with PMP® Certification, as they realize that the individual’s skill in project management has been tested formally. The PMP® is an internationally- recognized certification that communicates your ability to define processes for managing projects that will meet the defined scope within budget and required time frames. According to research on Payscale.com, individuals with PMP® Certifications can command higher salaries, and the PMP® credential is one of the top IT certifications that people seek. Attaining your PMP® Credential is a great achievement and confidence boost, as well, and it demonstrates a commitment to the profession of project management.

By passing PMP® certification testing requirements, individuals prove that they have the skills necessary to execute projects on time and within budget. Given the rigorous and comprehensive PMP® certification testing requirements, PMP® certification has become the project management profession’s most globally recognized and respected certification credential.

PSI Solutions assists students in obtaining PMP® certification by helping them prepare for the PMP® exam. PSIS ’s “Preparing For the PMP® Exam” helps students identify their strengths and weaknesses through an understanding of the nine technical skills needed for successful project management. These skills, identified by PMI® and incorporated in its Project Management Body of Knowledge (PMBOK® Guide), include the ability to manage project integration, scope, time, cost, quality, human resources, communications, risk and procurement.

Advantages of PMP certification

Obtaining PMP® certification will give you the project management skills to excel at your company. These skills will make you a more productive and valued contributor to current and future employers. Consider enhancing your project management skills and marketability by working toward your PMP® certification.

PSI Solution is Registered Educational Provider for PMI®, USA (PMI REP Global)

The fees for Computer-based Testing is $405.00 (US), if you are a member else $555.00 if you are not a member

PMP® Exam is consists of 200 multiple-choice questions. 25 of 200 are considered pre-test questions and do not counts towards final score Effective and legitimate way to test validity of future examination questions.

• Four hours times are allowed for completion and preceded by by a 15-minute computer tutorial.
• Exam preceded by a 15 minute tutorial which is not included as part of allotted exam time
• Must score 106 out of 175 to pass

The percentage of questions in each of the performance domains are as follows:

• 13%Initiation:
• 24%Planning:
• 31%Executing:
• 25%Monitoring and Controlling:
• 7 %Closing:

There are three main steps

• You need to complete the application and submit it online at PMI® website.
• Making the payment (Payment is processed after PMI notifies you that your application has been approved)
• Schedule your exam (Once the payment is processed, you can proceed to schedule your exam date through Prometric )

At the time of the application, you must meet the following requirements:

• If you hold a Bachelor Degree
  • 4,500 hours of PM experience
  • 36 non-overlapping (unique) months of PM experience
  • Above must be within 6 years prior to application
  • 35 contact hours of PM education
• If you hold a High SchoolDiploma
  • 7,500 hours of PM experience
  • 72 non-overlapping (unique) months of PM experience
  • Above must be within 8 years prior to application
  • 35 contact hours of PM education through

• Access the PMI® website (www.pmi.org), then look for ‘get certified’ link on the left side of the home page or ‘obtaining a credential’ link under ‘Career development’. Within that page go to the ‘Project Management Professional (PMP®)’ link and click on ‘get certified now’ link.
• You need to register on the site to get the online application form. The registration is free.

• PMI® routinely conduct audits of candidate applications. The audit process is primarily random, and note that once you submit the application, you have agreed to comply with PMI®’s audit terms.

During an audit, candidates will be asked to submit supporting documentation. This could be copies of your educational certificates, signatures of your manager(s) from the project(s) which you have mentioned on the Experience Verification Forms and copies of certificate from the training institute to meet the required 35 contact hours of project management education.

Once you complete the computer-based exam, you will receive a printed copy of your results. In addition, you may access your test results via PMI®’s web-based Certification System 5-7 days after the exam date.

• In an unfortunate event, you do not pass the exam on the first attempt you may re-test up to twice within your one-year eligibility period. You can do this by submitting a completed re-examination form and paying the re-examination fee.
• If you are not successful in all the three attempts, then you have to wait one year from the date of your last test before re-applying for the PMP credential

In order to be admitted into the testing center, you must take government-issued identification that has both a photograph and a signature. Your identification must match your name exactly as it appears on the electronic authorization to test (ATT) letter.

• Once you are certified, you need to work on Continuing Certification Requirements (CCR) Program where you need to earn 60 PDUs over 3 years (1 PDU = 1 hr)
• You can earn these through attending PM Training & Other Development Programs, Conducting PM related trainings, Managing projects (5 PDUs / Year), etc.
• Paying a renewal fee
• Agreeing to adhere to the PMI® Code of Ethics and Professional Conduct

On CBT Examination, Results appear once the applicant indicates that the CBT exam is complete and includes:

• Pass/Fail status
• Diagnostic performance for each domain
• Results can be accessed 10 days after exam using the online certification system

Effectively trained project managers and project team members enable an organization to speak a consistent language and build repeatable processes to achieve project successes. This means you don’t have to start from scratch every time you begin a new project and that more time can be spent on producing deliverables versus inventing the project process itself. Project management training is not only a commitment to your employees’ professional development, but also a differentiator, a signal to your clients that discipline and methodology are core competencies of the organization. Two other significant benefits to investing in project management training:

1. A decrease in failed projects — it is a well-known fact that more projects succeed (finish and deliver) when there is a definite methodology and a project manager at the helm.
2. Efficiency through improved communications — project management training underscores the importance of clear and continuous communications to keep all stakeholders well informed. It also provides a repository of lessons learned and artifacts that make your organization smarter when they launch the next effort.

2013

19 July 2013

“The hardest victory is the victory over self.”

- Aristotle

CEOs are different people than most, according to a recent survey

of about 1,000 top leaders in the U.S. by John R. Graham,

Campbell R. Harvey, and Manju Puri of Duke University. While 64%

of the general population can be described as “risk-averse,” only

9.8% of CEOs fall into that category. Moreover, 80% of CEOs are

optimistic and proactive--a number also well above the normal

percentage.

11 May 2015

A mix of interesting HBS business white papers