Project Management Professional (PMP)

Introduction
Successfully managing a project requires effective planning and adherence to the industry’s best practices in every step of the process. The first part of this course helps a learner to understand project management fundamentals. By understanding the fundamentals of project management, you will be better prepared to initiate a project in your organization and position it for success. The second part of the course will help you to identify effective project management practices and their related processes. You will apply the generally recognized practices of project management acknowledged by the Project Management Institute (PMI®) to successfully manage projects.
PMP: Overview and benefits
PMP certification, established by the Project Management Institute (PMI), is one of the most valued and respected credentials in project management. Earning and maintaining this PMI certification demonstrates a solid foundation of experience in effectively managing projects.
A certified PMP can:
1. Apply the best practices in project management.
2. Apply the most effective tools and techniques in project management.
3. Manage projects more efficiently.
The PMI propagates good project management skill by establishing best practices described in the PMBOK guide. PMBOK or the Project Management Body of Knowledge is the globally recognized standard for Project Management Field and is created and maintained by PMI Organization. PMBOK provides practices, tools and techniques that can be used in most projects. With PMBOK, PMI also intends to promote a common language to be used by Project Management Professionals.
PMBOK recommends 42 processes. These processes can be categorized into 5 Project Life Cycle Groups.
Initiating
Planning
Executing
Controlling and Monitoring
Closing

Processes can also be categorized into 9 Knowledge areas.
Integration Management
Scope Management
Time Management
Cost Management
Quality Management
Human Resource Management
Communication Management
Risk Management
Procurement Management