📋 PMP Handbook

Overview

PMP (Project Management Professional) is a globally recognized certification by PMI (Project Management Institute). It validates competency in leading and directing projects using predictive, agile, and hybrid approaches.

Issuer PMI  Guide PMBOK 7th Edition  Approach Predictive + Agile + Hybrid

PMBOK 7 – 12 Principles

• Stewardship — be a diligent, respectful steward
• Team — build a collaborative project team
• Stakeholders — engage with them proactively
• Value — focus on delivering value
• Systems Thinking — recognize and respond to system interactions
• Leadership — demonstrate leadership behaviors
• Tailoring — tailor delivery approach
• Quality — build quality into processes and deliverables
• Complexity — navigate complexity
• Risk — optimize risk responses
• Adaptability & Resilience — be adaptable and resilient
• Change — enable change to achieve the envisioned future state

Project Performance Domains (PMBOK 7)

Key Formulas (EVM)

• SV (Schedule Variance) = EV − PV
• CV (Cost Variance) = EV − AC
• SPI (Schedule Performance Index) = EV / PV
• CPI (Cost Performance Index) = EV / AC
• EAC (Estimate at Completion) = BAC / CPI
• ETC (Estimate to Complete) = EAC − AC
• TCPI = (BAC − EV) / (BAC − AC)

Common Interview Topics

• Difference between PMBOK 6 vs PMBOK 7
• Predictive vs Agile vs Hybrid project lifecycle
• Risk register and risk response strategies
• Earned Value Management calculations
• Change control process
• Stakeholder management strategies