Flashcards are a wonderful PMP® exam study guide, but sometimes determining what you need to study and include on a flashcard can be a bit confusing, if not overwhelming. So, let’s take a look at what should be included on your PMP Exam Flashcards:
There are forty nine formulas that you will need know and understand prior to taking the Project Management Professional (PMP)® Exam. There are PMP Exam formulas to plan activity durations and costs. There are formulas to calculate the value or cost of the project. There are formulas to make sure a project stays within scope, on schedule, and within budget. There are formulas to forecast project schedule and cost if the project did not progress as planned. There are formulas to calculate the value of the project.
And on top of all of these formulas, you will also need to know and understand all of the associated acronyms. The number and variety of formulas and acronyms you will need to fully understand to pass the PMP® Exam may seem a bit overwhelming, but you can easily learn and review the formulas by using a study guide and practicing answering formula related questions.
Flashcards are a convenient and easy study aid to use when you study for the Project Management Professional (PMP)® Exam. You can use PMP Exam Flashcards to study Exam related terminology, processes, and formulas either by yourself or with the help of a friend. Flashcards can help you study a large amount of PMP concepts through repetition. If you study by yourself you look at the side with the question or term and then answer to yourself. Once you have your answer you flip the card over and check to see if you are correct. If you have a friend to help you they can ask you a question or what a term means and then you provide them with an answer.
How do you create PMP® Exam Flashcards? Here is what Wikipedia says: "A flashcard or flash card is a set of cards bearing information, as words or numbers, on either or both sides, used in classroom drills or in private study. One writes a question on a card and an answer overleaf. Flashcards can bear vocabulary, historical dates, formulas or any subject matter that can be learned via a question and answer format. Flashcards are widely used as a learning drill to aid memorization by way of spaced repetition."
Many Project Management Professional (PMP)® students have trouble understanding the difference between a planning package and a work package. Let’s turn first to A Guide to the Project Management Body of Knowledge (PMBOK® Guide) to clear up any confusion:
Have you ever been tempted - even just a little bit - to turn to the back of a book and read how it ends before you invest all that time reading the book? Well, here’s a tip that lets you do just that with your Project Management Professional (PMP)® exam prep studies of A Guide to the Project Management Body of Knowledge (PMBOK® Guide) - Fifth Edition: Skip the first knowledge area (Integration Management) for now and focus your attention on the other eight first.
Students often confuse validated and accepted deliverables, so if you’re struggling here, you’re not alone. At first glance, they do seem to be rather the same, but once you get the idea, you’ll never confuse them again. The most important thing you need to understand is in which process from A Guide to the Project Management Body of Knowledge (PMBOK® Guide) these deliverables are created as outputs. The PMBOK® Guide defines each as follows:
** Validated - have been completed and checked for correctness by the Perform Quality Control process.
** Accepted - have been accepted through the Verify Scope process.