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Project Management Professional (PMP) is an internationally recognized professional designation offered by the Project Management Institute (PMI). [1] As of 31 July 2020, there are 1,036,368 active PMP-certified individuals and 314 chartered chapters across 214 countries and territories worldwide.
The Association for Project Management is a British professional organisation for project and programme management. It received a Royal Charter in 2017, and is a registered charity . [ 3 ] It has over 37,500 individual and 550 corporate members, and is the largest professional body of its kind in the United Kingdom. [ 4 ]
In 2013, the Construction Industry Institute [5] at the University of Texas adopted the CCM as "a value-adding credential" following a joint effort to compare and harmonize CII's Construction Best Practices with the CMAA SOP, and to assure that the CCM examination measured and recognized mastery of the Best Practices.
In the 1960s project management as such began to be used in the US aerospace, construction, and defense industries. [7] The Project Management Institute was founded by Ned Engman (McDonnell Douglas Automation), James Snyder, Susan Gallagher (SmithKline & French Laboratories), Eric Jenett (Brown & Root), and J Gordon Davis (Georgia Institute of Technology) at the Georgia Institute of Technology ...
Students cannot apply for this certification directly – they have to ask their school to apply on their behalf. This certification is awarded free of charge, there is no cost other than membership fees. International Dance Council CID [10] at UNESCO administers the International Certification of Dance Studies.
The exam consists of 150 multiple-choice questions with four answers per choice. Candidates have 3.0 hours to complete the exam. To be able to apply, one needs a secondary diploma (high school diploma/global equivalent) as well as a minimum of 1,500 hours of project experience OR 25 hours of project management education.
According to the PMBOK (7th edition) by the Project Management Institute (PMI), Fixed Price Economic Price Adjustment Contract (FPEPA) is a "fixed-price contract, but with a special provision allowing for predefined final adjustments to the contract price due to changed conditions, such as inflation changes, or cost increases (or decrease) for special commodities".
Basis of estimate (BOE) is a tool used in the field of project management by which members of the project team, usually estimators, project managers, or cost analysts, calculate the total cost of the project.
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