why pmp® a presentation by project management training company llc

WHY PMP®?A s k Y o u r s e l f . . .

A Look at Certification

©2016 Project Management Training Company LLC. All Rights Reserved.

Consider...Your time commitment to apply, prepare and take the exam. This can range from a

couple of weeks to a couple of months depending on how you prepare.

Think instead about your return on investment. Most PMs make more money with PMP

certification. ROI exists in other ways too: better projects, resources, and career options!

Upfront cost: Exam and a training program may run between $2000 to $3000.

Some trainings focus on getting you through the exam; others focus on you learning

project management as well as testtaking techniques.

No one can guarantee you will pass the first time around so be careful about such

claims. While policies vary, most require you to take the exam three times before you get

a refund.

Have you thought about other certifications such as CSM, PSM, ITIL, Prince2 and IPMA.

Things ToThink About.

6


Requirements35 Contact Hours

Approved Explanation

Education & Experience:

4year college degree &

4500 project management

hours OR high school

diploma & 7500 project

management hours

File online at pmi.org

Payment ranges from $405

(for PMI member) to $555

Includes documentation of

requirements

Subject to audit

Process takes about 5 days

ExaminationApplication

PMPification Process Overview

Registration requires application

approval

Administered at Prometric Testing

Centers worldwide

4 hours

200 Multiple Choice Questions

Pass/Fail Score notification at end

of exam

May retake exam two more times

during 1 year period

Retake exam fee applies


PMPEXAMSUCCESSRATES

Scoring is a Closely Guarded SecretPMI does not publish statistics regarding how many candidates pass on

their first, second or third try.

Many PMP training companies claim rates of 95% or higher.

Some bloggers claim the first time pass rate is around 60%.

Some unofficial surveys show selfstudy pass rates are much lower than

those who attend a training course.

Exam questions come from an enormous bank of questions so no two tests

are the same.

Psychometric scoring is used (each question is weighted based on

difficulty) and since no two exams are the same, passing score is not a

specific percentage. You will not find out which questions you answered

correctly or incorrectly.

Your performance in five areas is rated as: below proficient, moderately

proficient, or proficient.

PASSING requires COMMITMENT, PLANNING and PREPARATION.

- WinstonChurchill

Let our advanceworrying becomeadvance thinking andplanning.


LET'S GET OUR PMP ON!Project Management Institute founded 1969.

First PMP® credential awarded in 1984.

ISO certification in 2007.

Approximately 725,000 PMPs worldwide.

Approximately 5,000 new PMPs each month.

PMPs work in all industries & every size companies.

PMPs typically have another area of expertise such as

finance, engineering, construction, chemisty or IT.

What is thehistory of PMP®?

*Various PMI publications©2016 Project Management Training Company LLC. All Rights Reserved.

PMP WORLDWIDESome reasons to become a PMP:

Demonstrates a solid commitment & expertise.

Certification is respected and prestigious.

Indicates you stay current in your field.

PMPled projects result in superior project performance.

Provides a common vocabulary & measurement in PM.

Many positions require PMP certification.

Certification commands better positions & salaries.

Opens a world of networking opportunities.

PMP is a global certification which can open doors abroad.

You are not limited by industry or companysize.May 2016

393,413

723,068

712,948

March 2016 Sept 2010

*Vertical bars not to scale. Oh well. ©2016 Project Management Training Company LLC. All Rights Reserved.

OVER 1 MILLION

C O M P A N Y . C O M

Search LinkedIN for "PMP"

Is this true?

This does not mean there are over a million PMPs because PMI has told us there

are about 725,000. And not everyone is on LinkedIn. But what it does mean is

aspiring PMPs are including their intention in their profile because recruiters have

many positions to fill requiring the PMP credential!


RIGHT FIT FOR MEProject management has

unlimited potential. I can

work in most industries and

in just about any

department. There seems to

be opportunities in big and

small organizations

worldwide. There are

countless PMP job postings!

COMPENSATIONOPPORTUNITIES

M E & P R O J E C T M A N A G E M E N T

Companies pay well for

project managers, not to

mention bonuses. I've

looked at various surveys

like dice.com, salary.com

and glassdoor and see

certification pays well. I

could be making well into

the sixfigures!


I love the variety of work. I

am highly organized. I see

the big picture but also can

work with the details. I am a

great problem solver. I adapt

to different environments

well. I can hit the ground

running and the work I do

has a beginning and an end!

A project manager must have both project management and product or

technical skills to be competent. But equally important are organizational skills,

being a quickstudy, problem solver and adapting to the environment of your

stakeholders.

RIGHT FITM Y I N T E R E S T S , M Y T A L E N T S , M Y G O A L S


A PM can work just about anywhere, in almost every industry, and for any size

company. While most project management skills are not industry specific your

technical background might be. PMs can be employed fulltime, work as

consultants, or on contract. Many virtual opportunities are available too.

OPPORTUNITIEST H E W O R L D I S M Y O Y S T E R


Numerous sources report higher compensation for PMPs versus project

managers without certification. These sources include PMI, Dice.com,

Robert Half International, Glassdoor.com, Salary.com and others.

COMPENSATIONS H O W M E T H E M O N E Y


YESBUTHOW?Getting a PMP is aproject in itself, isn't it?

Sure there's lots to consider,but if you have a plan or youwill be prepared.

Application Approved !

PREPARE!!

PASS EXAM!!!


OPTIONS Which path is right for you?

By failing to prepare, you are preparing to fail.- Benjamin Franklin


SelfStudy

EmployerProvidedTraining

EconomyTraining

Study Group

Boot Camp

SELF-STUDYWhy do you want to go it

alone? The cost of superior

training is a small investment

with a large ROI. Consider

this if your exam is more than

a couple of months away,

you are a selfstarter, highly

organized and resourceful.

There are endless study

guides and online resources.

Oh, and you need to be a

great test taker!

Study Groups are great for

college students but maybe not

so great for adults with jobs

and other responsibilities. Your

study group can only function

as fast as the slowest member.

It can be challenging dealing

with other people's commitment

and priorities. And you thought

managing people at work was

challenging!

ECONOMYSTUDY GROUPS

P L A N A C C O R D I N G L Y . . .

There are many training courses

out there as a simple search will

reveal. While the going rate for

premium training companies

may run around $2000, other

options may seem like bargains.

With the exception of some local

PMI chapters holding classes

(usually with high numbers of

attendees), most lower priced

programs aren't always bargain.

Sometimes more is more!


EMPLOYER-PROVIDEDThis is a great option if it's available.Companies with large numbers ofemployees may have preferredvendors or even conduct training inhouse.

You may have heard: Nice if you can get it, And if you get it, won't you tell mehow?

That said, some employers havetraining reimbursement. Smallercompanies can often beingpersuaded based on your businesscase or value proposition or yourhistory with the company!

Also known as remote or distance

learning, these courses come in two

flavors: realtime and prerecorded.

Either one can be a great opportunity if

you live in a remote location. Or if you

are in a larger city but there are no live

courses coming up, then it may be

something to consider. Realtime

trumps prerecorded of course. Most of

the training companies charge the

same price whether you attend in

person or remotely. Instructor contact

is limited as these classes tend to have

many students. Communication is not

as good as when you can talk to the

instructor in a real setting.

IN-PERSON CLASSVIRTUAL COURSES

PMP TRAINING BOOT CAMPS

There was a time that this was theonly way you could take a class.*Let's be clear, you already knowwhat this means. You and yourinstructor are physically in the sameroom. While some people may thinkthat a virtual class is sort of liketelecommuting, your relationship isonly several days long. Goodinstructors sense when students arehesitant to ask questions from bodylanguage and being distracted. Youbuild trust and rapport in person andyou meet other students. Whenselecting this format always find outclass size and whether there is avirtual platform for after classreview.

*Ok, there were also correspondence courses, aprecursor to distance learning ©2016 Project Management Training Company LLC. All Rights Reserved.

FULL DISCLOSUREF I R S T T H I N G S F I R S T . . .

Project Management Training Company LLC is just that. We offer realtime,classroom PMP® Exam Preparation in our 3day or 4day Boot Camps.

So why do we offer this presentation? We don't see socalled competitors the way others do. We see there are 5000new PMPs each month which means all of the methods we discussed earlier work for different people. PMTC is part ofa 20year old project management consulting firm so this in our blood. Our classes are small, our instructor knows thecontent and how to take tests. And we offer classes in many smaller markets where live classes are not generally anoption. So if you would like to learn more about our boot camps, visit www.projectmanagementtrainingcompany.com.


PRICEPrice and quality don't necessarily correlate.

Most companies charge somewhere around

$2000 for a fourday boot camp running

MondayThursday. Be careful about socalled

guarantees that you will pass. No one can

honestly make that guarantee. They are

actually saying, in the offchance you don't

pass, you can come back again. But you have

to not pass three times before you can get your

money back. And you have to pay retake fees

to Prometric each time. We think the term

GUARANTEE is misleading, but we have the

same policy about retaking our course if you

don't pass.

Our strategy is to offer boot camps

in cities where others don't. You'll

find us in places like Greenville,

South Carolina, Richland,

Washington, and Flaggstaff,

Arizona. We also will be in the far

out suburbs of major metro areas

like Petaluma, California,

Allentown, Pennsylvania and

Danbury, Connecticut.

EXPERIENCETIME &PLACE

H O W T O C H O O S E A R E A L -T I M E L I V E I N - P E R S O N

C L A S S R O O M B O O T C A M P

Just because a company has been

around a while doesn't mean all its

instructors are created equally. Most

training companies don't know in

advance who will be teaching. And most

use independent contractors who work for

multiple companies. Why not learn from a

30year project manager who has

multiple certifications and has worked on

every type of project imaginable?


Do you have questions or comments? Or just maybeyou're ready to enroll in PMP Boot Camp

T H A N K Y O U

Either way is cool!

Call: 844PMPEXAM or

Email: [email protected]

If you are ready to register, please visit projectmanagementtrainingcompany.com and then click on the REGISTER linkto choose an upcoming boot camp. I want to thank you for spending this time with me and best of luck! Joel Goldfarb, PMP


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