Project management Glossary-LT

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Project Management Professional (PMP) is a credential offered by the Project Management Institute (PMI). There are currently 618,933 active PMP certified individuals and 272 chartered chapters across 104 countries worldwide.

Exam syllabus
The PMP exam is based on the PMP Examination Specification, which describes tasks out of five performance domains:
1. Initiating the project (13%)
2. Planning the project (24%)
3. Executing the project (30%)
4. Monitoring and controlling the project (25%)
5. Closing the project (8%)
The exam consists of 200 multiple choice questions written against this specification. Twenty-five of the 200 questions on the exam are "sample" questions used to fine-tune the degree of difficulty and precision of the exam and as such are not counted for or against a test taker. These questions are placed randomly throughout the exam. The test taker is only graded on their proficiency on 175 questions. The numbers in parentheses describe the percentage of questions for each domain.
Item references
Each exam item (a question with its possible answers) has at least two references to standard books or other sources of project management. Most of the questions reference the PMI A Guide to the Project Management Body of Knowledge (aka the PMBOK Guide).
The Project Management Framework embodies a project life cycle and five major project management Process Groups:
1. Initiating.
2. Planning.
3. Executing.
4. Monitoring and Controlling.
5. Closing.
encompassing a total of 47 processes.
Mapped to these five process groups are ten project management Knowledge Areas:
1. Project Integration Management
2. Project Scope Management
3. Project Time Management
4. Project Cost Management
5. Project Quality Management
6. Project Human Resource Management
7. Project Communications Management
8. Project Risk Management
9. Project Procurement Management
10. Project Stakeholder Management

The American Council of Education through the SkillSoft course list has evaluated the PMP Certification and has determined that the credential is eligible to receive 3 credit hours of academic credit.
The US Department of Education and the National Science Foundation have deemed all United States professional certifications to be at level 50 in the Mapping The World of Education, Comparable Database System (Volume Two: Codes for Program Completion Awards by Country). The Level 50 code addresses "Postsecondary Programs and Awards of No More Than 2 Years.
Other PMI credentials