Let’s understand Project Management Professional (PMP) from perspective of a 10 years kids
Introduction The Standard for Project Management identifies project management principles that guide the behaviors and actions of project professionals and other stakeholders who work on or are engaged with projects. This introductory section describes the purpose of this standard, defines key terms and concepts, and identifies the audience for the standard. The Standard for Project Management consists of the following sections: ▶ Section 1 Introduction ▶ Section 2 A System for Value Delivery ▶ Section 3 Project Management Principles
The Standard for Project Management is like a set of rules or guidelines for how to run a project successfully. Imagine you're building a house. There are a lot of different tasks that need to be done, like laying the foundation, putting up walls, and installing the roof. To make sure everything gets done properly and the house is built well, there are rules that everyone involved in the project needs to follow.
This Standard for Project Management provides those rules for running projects in any field, not just building houses. It outlines the principles that project professionals and stakeholders need to follow to ensure the project is successful. These principles help guide the behaviors and actions of everyone involved, so that the project is delivered on time, within budget, and meets the needs of everyone involved.
For fresh tech graduates of 3rd world countries, understanding this standard can be especially important. By following these principles and guidelines, they can ensure that the projects they work on are successful, even in challenging environments. This can increase their chances of success and help them stand out as professional project managers.
What is the purpose of the Standard for Project Management?
A. To provide guidelines for managing projects
B. To define project management terms
C. To identify key stakeholders in a project
Answer: A. To provide guidelines for managing projects
Explanation: The Standard for Project Management provides guidelines and principles for managing projects, helping to ensure their success.
What are the main components of the Standard for Project Management?
A. Introduction, Value Delivery System, Project Management Principles
B. Project Management Processes, Stakeholder Engagement, Project Performance Metrics
C. Project Planning, Resource Allocation, Project Control
Answer: A. Introduction, Value Delivery System, Project Management Principles
Explanation: The Standard for Project Management consists of three main sections: Introduction, A System for Value Delivery, and Project Management Principles.
What are the key benefits of following the principles outlined in the Standard for Project Management?
A. Improved project performance, increased stakeholder satisfaction, reduced project risk
B. Faster project completion, lower project costs, increased project scope
C. Increased project team morale, better project communication, improved project quality
Answer: A. Improved project performance, increased stakeholder satisfaction, reduced project risk
Explanation: By following the principles outlined in the Standard for Project Management, project professionals and stakeholders can improve project performance, increase stakeholder satisfaction, and reduce project risk.
Who is the intended audience for the Standard for Project Management?
A. Project managers and stakeholders
B. IT professionals
C. Construction professionals
Answer: A. Project managers and stakeholders
Explanation: The Standard for Project Management is intended for project managers and stakeholders who work on or are engaged with projects. It provides guidelines and principles for successful project management.

