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Project Management Professional. Project Management Professional ( PMP) is an internationally recognized professional designation offered by the Project Management Institute (PMI). [1] As of 31 July 2020, there are 1,036,368 active PMP-certified individuals and 314 chartered chapters across 214 countries and territories worldwide.
The exam consists of 150 multiple-choice questions with four answers per choice. Candidates have 3.0 hours to complete the exam. To be able to apply, one needs a secondary diploma (high school diploma/global equivalent) as well as a minimum of 1,500 hours of project experience OR 25 hours of project management education. Certification cycle
ISBN. 978-1-62825-664-2. The Project Management Body of Knowledge ( PMBOK) is a set of standard terminology and guidelines (a body of knowledge) for project management. The body of knowledge evolves over time and is presented in A Guide to the Project Management Body of Knowledge ( PMBOK Guide ), a book whose seventh edition was released in 2021.
Project Management Institute, Inc. / 39.977879833°N 75.418732000°W / 39.977879833; -75.418732000. The Project Management Institute ( PMI, legally Project Management Institute, Inc.) is a U.S.-based not-for-profit professional organization for project management. [4]
The point of total assumption ( PTA) is a point on the cost line of the profit-cost curve determined by the contract elements associated with a fixed price plus incentive-Firm Target (FPI) contract above which the seller effectively bears all the costs of a cost overrun. The seller bears all of the cost risk at PTA and beyond, due to a dollar ...
Project management is the process of leading the work of a team to achieve all project goals within the given constraints. [1] This information is usually described in project documentation, created at the beginning of the development process. The primary constraints are scope, time, and budget. [2] The secondary challenge is to optimize the ...
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