Category: PMP

The December Numbers Are In For PMPs

Yes, the December numbers are in.  This morning, I received my copy of PMI Today.  In it, the December 2009 numbers for Project Management Professional (PMP®) certifications were published.  So you don’t have to go searching for it, here are the numbers:

December Totals
New PMPs (December 2009) 5,403
New PMPs (YTD) 75,107
Total Active PMPs 361,238

PMPs in 2009

If you asked me if PMI was headed in the right direction, my response would be

I don’t know if PMI is going in the right direction, philosophically, but Project Managers certainly see the value in the certification.

If you are a vendor targeting project managers, you can see which direction the data is going.  If you are in a project management field and have been sitting on the fence about pursuing the certification, you can see which direction the data is going.  No, I’m not being paid by PMI to write this post nor am I a PMI fanboy.  If I had data supporting how many Certified Scrum Masters there were on a monthly basis, I would probably publish that here as well.  Until then, I’ll focus on the PMP.

I also think I will begin making this a recurring monthly post.  You have to be a member of PMI to get a copy of PMI Today.  I believe they are shooting themselves in the foot by not showing the growing trend of PMP certification holders.  I’m also going to go back as far as I can to show more historical data.

What do you think?   I welcome your comments or feedback.

Regards,

Derek


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The Impact Of Social Networking On Project Management

A few years back, while studying for the PMP exam, I committed the formula for calculating communications paths to memory.

[N(N-1)]/2

So, what’s the big deal? Why is it so important? If you’re in the Project Management (or leadership) field, you know all too well how important communications is. I used to call myself a project manager. I now prefer to use the term project leader. What’s the difference? According to Warren Bennis and Dan Goldsmith (1997) there are 12 distinctions between managers and leaders.

  • Managers administer; leaders innovate.
  • Managers ask how and when; leaders ask what and why.
  • Managers focus on systems; leaders focus on people.
  • Managers do things right; leaders do the right things.
  • Managers maintain; leaders develop.
  • Managers rely on control; leaders inspire trust.
  • Managers have short-term perspective; leaders have long-term perspective.
  • Managers accept the status-quo; leaders challenge the status-quo.[*]
  • Managers have an eye on the bottom line; leaders have an eye on the horizon.
  • Managers imitate; leaders originate.
  • Managers emulate the classic good soldier; leaders are their own person.
  • Managers copy; leaders show originality.

In order to both innovate and do the right things, I listen and listen a LOT. (Some people listen; some wait to talk) I’ve watched executives and managers, who knew absolutely nothing about a subject, make uneducated decisions because they were too stubborn or proud to consult a subject matter expert (SME). Good leaders do not operate in a vacuum. They exchange ideas and information with people. Offer free information and it will come back to you tenfold. Listen to knowledgeable people and then make a more educated leadership decision.

Social Media CampaignWhere does social media fit into the grand scheme of things? Old-school managers and executives who believe in the bureaucratic organization and status quo, tend to lean toward command-and-control or top-down management. That group is operating under the assumption people higher in the organizational chart know more. New-school leaders believe in social media. Why? It strips away all of the nonsense and connects people to people. They have real conversations as human beings. They educate and they listen with a freedom to connect at an exponential rate. They are not confined to the notion of an hierarchical organization.

My example is my current engagement, which I have been at for 13 months: Within my direct cross-functional organization chart, I have 28 contacts to interface with. There are no plans to increase the size of this group. [28(28-1)]/2 is 378 communication paths. Not too bad.

TwitterTurn now to option number two, social media like Twitter and Facebook. For arguments sake, I’ll say I have 200 followers on Twitter with a growth rate of 10% a month. (I’m actually have 450+ and counting)  Each Twitter Follower is a communications path.

[200(200-1)]/2 = 19,900 communication paths

After one month it would be projected to increase to 21,945 communication paths

Every Friday, people I follow on Twitter recommend others in the industry who I should consider following (#followfriday). Every week, I learn more about my craft and more importantly I get to form relationships with people all over the world. By bypassing the organizational structure to get my information, inbound communications is at a much higher velocity and is now flowing up through the organization.

Social Media helps you be a project leader.


12 distinctions between managers and leaders by Bennis, Warren and Dan Goldsmith. Learning to Lead. Massachusetts: Persus Book, 1997.
Thank you Laurel Papworth for the use of the Social Media Campaign image

* I recommend reading Fighting Status Quo by Pawel Brodzinski

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Attention Haters – Big Numbers For PMPs In 2009

Data from 2009 issues of PMI TodayThis morning I picked up my January 2010 issue of PMI Today hoping to find something inspirational to write about. Upon realizing PMI Global Congress 2010 – North America is going to be in Washington DC, this October, I decided to write a blog post about it.  Just when I thought I had something local to write about, I noticed some statistics on PMI® Certified Project Management Professionals (PMPs) on the same page.  Though the statistics are only through November, they were very compelling. You may ask, how did I create the chart depicted above?  I went back to each copy of PMI Today and located the monthly data on PMP credential holders.  I know there are haters out there who go on and on about how having the PMP doesn’t make you a better project manager.  No, but it does say you speak and understand the same “PMI” language.  According to the data, 356,419 people are currently certified in “speaking” the language.  That is one hell of a number!  We may have all drank the cool-aid but let’s face it, the credential IS recognized when people are looking to hire a project manager.

So, here are some interesting specifics.  In January 2009, there were 322,250 Active PMPs. In November, the most recent data available, there were 356,419.  Do the math and you find an overall increase of 34,169 in 11 months.  As I looked at the month-to-month numbers, I did find some attrition.  That attrition really surprised me in October.  Even with 3,102 new PMPs, there was still an overall loss of 14,092.  With an individual membership renewals priced at $129, I imagine that opened a few eyes.  Did these people no longer find value in the credential?  Did they retire? Did they die?

Another interesting data point was for the months of June and July.  June saw the certification of 13,920 new PMPs, up from 8,419 the month before.  That number plummeted to a mere 689 in July.  Again, what happened?  Did everyone go on vacation?

One of my jobs is to see trends in data.  I’ve been doing it for years.  When you look at two dimensional data over time, it does some really interesting stuff.

If you have any questions or comments, please feel free to post them below.

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Review of the iStudy PMP App for iPhone and iPod Touch

Disclaimer: Though I recommend this product, I am not financially benefiting from this review.

main page

Main Screen

Questions and Answers

Question and Answer

Result

Correct/Incorrect

The iStudy PMP is an iPhone and iPod Touch application specifically designed to help those aspiring to pass the PMP® Exam.

If you have seen sample questions from the PMP exam, you know the pain points; double-negatives, lengthy questions, what is the “best” answer…  When I prepared for the PMP Exam a few years ago, I spent several hundred dollars for a program that simulated the PMP exam.  I’ll admit, it worked great!  But, what if I could have passed the exam and also saved several hundred dollars?  If this application was around when I was preparing to sit for the exam, I would have purchased it first.

Interface

iStudy PMP contains 200 questions that intend to replicate the PMP exam. The interface is clean and it allows the user to concentrate on answering the questions.  If you come to a question you’re not sure about, you can Mark (skip) it.  I thought I ran into some problems with the Mark feature.  Swiping my finger across the screen didn’t always advance me to the next card.  After some practice, I realized it was just me. The application was working just fine.

Not to get ahead of myself, but there is a results page to see correct/incorrect results.  One thing missing is a similar navigation page showing the skipped questions.  You’re given the opportunity to go though the skipped questions at the end of the exam but you can’t see how many skipped you have.  You just have to go through them one by one.  I contacted the creator of the application and he confirmed this is something to be resolved in a future update.

Tests

iStudy PMP has 4 different modes designed to cater to different learning styles.

Normal - This mode displays all 200 (randomized) questions and allows you to sequentially browse. You can go back and forth as many times as you wish, but you have to go in sequential order.

Exam - This mode is similar to the Normal mode minus the fact you have a time limit of 4 hours to answer all of the questions. You can go back and forth between questions as many times as you need to change answers.  If after 4 hours you have not answered all of the questions, the exam will automatically end and your results calculated.  This is good because if there was one thing I took away from doing full length practice exams, they help you build up your stamina.

Stress Test - This is a pretty interesting mode. I like that you choose the number of questions you want to answer (out of 200) and an amount of time you wish to allow yourself.  If you fail to answer a question before the timer hits zero then that question is marked as incorrect and the application advances you to the next question.  Let’s say you set the stress test to 15 questions and 2 minutes per question.  Your stress test will be done in 30 minutes.  Pretty cool.

Knowledge Area - The PMP Exam assesses your competency from 9 Knowledge Areas. This mode is like the normal mode but it allows you choose a specific knowledge area.  This is a nice feature when you know you have specific knowledge weaknesses.

Results Screen

Once you have completed a test, or if you intentionally end it, you will be presented with the Results screen. Here you will see whether or not you passed the practice exam. Results will be broken down by knowledge area so you can see where you need to improve.  All questions will be listed as either correct and incorrect with an option to display the entire question and answers.

Summary

For $10, I say go for it!  One feature I really like is the questions appear completely random.  So, each test should be unique.  If you’re interested in this app, you can get it from the iTunes store, go to www.istudyapps.com or click here.

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2 of 100 Items Missing From the PMBoK

Missing VAC FormulaVariance At Completion (VAC) is the difference between what the project was originally expected (baselined) to cost, versus what it is now expected to cost.

Every month, our vendor is required to report this total on the project as a whole and on key deliverables.  I’m used to seeing the numbers reported and how to calculate them.  I’m not asking for the Cost Performance Index (CPI).  I want to know how far over or under we’re going to be compared to the budget.

The formula I memorized for the PMP exam and the same formula I use to calculate VAC today is: Variance At Completion = Budget At Completion – Estimate At Completion
(VAC = BAC – EAC)

So, I ask myself, [1] why is there no VAC definition and [2] VAC formula in the PMBoK?

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