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Written by a certified PfMP(R), this book is the first and only book on the market created by a PfMP credential holder and by a PMI Registered Education Provider. In addition to being an university professor for over a dozen years, the author is also an experienced and practicing portfolio leader who is leading project portfolios of over $100 million in addition to building large PMOs. Beyond these attributes, this is also the only book that addresses one of the biggest challenges for busy professionals as they tackle the PfMP exam - how to develop the optimal mindset required to think like a portfolio manager to address the experience-based questions. Similar but more extensive than other PMI certifications, the PfMP exam questions are heavily experience based. This means the mere memorization of PMI's recommended books is not sufficient. The book introduces a proven approach to satisfactorily completing the exam and it includes 400 practice questions, exam aids, lesson plans, and important concepts. To prepare for the "experience-based" questions, the author has taken a Socratic approach based on questions and answers to stimulate critical thinking and to illuminate ideas. Beyond the basic, this guide contains additional sample deliverables and approaches that will help you professionally. This book is part of a larger suite of products and services to help organizations and project professionals to achieve execution excellence. The author's company, PMO Advisory, also offers additional PfMP practice questions and two types of bootcamps. For more information, visit www.pmoadvisory.com/pfmp. Why PfMP? The Project Management Institute (PMI(R)) recently introduced the Portfolio Management Certification (PfMP(R)) and added to its suite of credentials as recognition to the growing importance of experienced project professionals who are responsible for the planning, organization, and execution of strategically aligned initiatives called portfolios. For most project professionals, becoming a portfolio manager represents the pinnacle of the project management profession, and the PfMP credential provides the formal acknowledgment of this important accomplishment.
Project management has been growing rapidly for the past decades. Yet, until now, aspiring and practicing project managers struggle to find a relevant and timely guide on planning and developing careers in project management. In this comprehensive guide, the book provides the latest information on the state of the profession. In addition, the author proposed a career ladder with seven major steps as professionals start at the beginning and reaching the executive role, a stretch of twenty or more years. This book contains five chapters and is updated with the latest development and statistics. Below is a summary of the topics and the key questions addressed in the book. Chapter 1: Introduction The first chapter provides an introduction to project management, as well as program and portfolio management. It addresses these five questions: A.What are projects, programs, and portfolios? B.What is project, program, and portfolio management? C.Why project management? D.How are projects different than operations? E.Is project management a science or an art? Chapter 2: Career in Project Management This chapter presents the challenges and opportunities of managing projects and whether it is the right profession for you. This chapter focuses on these three questions: A.What are the challenges of project management? B.What are the rewards of being a project manager? C.Is project management right for you? Chapter 3: Project Management Institute Project Management Institute (PMI) is the world's largest project management professional organization dedicated to the advancement of the project management profession. For practitioners, it is a vital organization, not only for network and learning, but also for career development. PMI currently offers eight certifications designed for project professionals of all levels. Questions addressed in this chapter are as follows: A.What are PMI's certifications? B.What are the qualifications for each certification? Which one should you pursue? C.What do you need to do to maintain certifications? D.Are there other project management standards and certifications? Chapter 4: Project Management Career Ladder This chapter presents a general project management career ladder at three broad levels across seven titles. In addition, the chapter outlines 25 essential skills organized into three skills groups. Finally, I have included my thoughts on the skills, qualifications, and career development and certification strategies. The four questions discussed in this chapter are as follows: A.What does the project management career ladder look like? B.What are the core skills required to be an effective project managers? C.How does these skills map to the career ladder? D.Are there the core skills and qualification guidelines? Chapter 5: War Stories Synthesizing the content and strategies from the first four chapters, this chapter takes a different approach - storytelling. By presenting four stories from four individuals who are at different level of the project management profession, I hope to highlight selective project management concerns. The 2016 Edition contains a number of updates, including a discussion of other project management certifications, update to PMI's Continuing Certification Requirements, PMI statistics and chapters, and the new talent triangle.
This book addresses major project shortcomings by adopting a consulting perspective. With an emphasis on tailoring and optimizing project management, the book offers a broad view that includes strategy implementation, portfolio management, program management, and PMO. The book closely aligns with the Project Management Institute's standards.
Addresses the "how-tos" of portfolio management. Far-reaching in its impact on portfolio management practitioners, thinkers, stakeholders, and the wider project management community, this guide envisions the continued transformation of portfolio management with the changing needs of organizations and advances in technology.
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