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Project Management Professional (PMP)® Exam Aspirant’s Definitive Guide to PMP® Exam Changes 2021

iZenBridge

In June 2019, PMI Certification has released a new PMP® certification content outline. Based on this exam content outline, exam pattern will change by Jan 2021. It is an effort to equip project managers with today’s modern project environment. So, now the question is what modern project management is?

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Understanding the 8 Functions Associated with Project Management

Project Pulse Journal

Provide visibility into project progress data and market feedback to guide decision-making. Provide Resources and Direction Allocate resources effectively to support operations, tasks, and activities throughout the project phases and achieve targets for project costs and the whole project scope.

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Simplifying Procurement in Project Management

Project Pulse Journal

This document is beneficial in the initial stages of the bidding process when a project team needs to understand the suppliers' capabilities or when the project scope is not yet fully defined. References Project Management Institute. A Guide to the Project Management Body of Knowledge (PMBOK guide) (7th ed.).

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Monte Carlo Risk Analysis in Project Management

Project Pulse Journal

This should be done by reviewing the project plan, work breakdown structure , and engagement with stakeholders and team members to specify areas of uncertainty. The variables could range from project costs and timelines to resource availability and productivity rates. Document these variables.