What is Opportunity Cost and Why Do You Need to Understand It
If you are in the middle of preparing to take the Project Management Professional (PMP)® Exam you have undoubtedly read through A Guide to the Project Management Body of Knowledge (PMBOK® Guide) – Fifth Edition at least once and possibly even more. If you are just starting to prepare to take the PMP Exam, then you should be planning to read through the PMBOK® Guide at least a couple of times. The PMBOK® Guide should be your primary resource when studying for the PMP Exam as it is the globally recognized standard and guide for the project management profession; however as you probably already know, it does not cover every possible topic that the PMP Exam may touch on.
If you are just beginning or are in the middle of studying for the Project Management Professional (PMP®) Exam, you probably already know that in order to pass, you need to fully understand both A Guide to the Project Management Body of Knowledge (PMBOK® Guide) and the Project Management Institute (PMI)® Code of Ethics. You have probably spent some time thinking about the many study techniques available to you. In this article, I examine four PMP® Exam study techniques, their effectiveness, and some possible alternatives, you may not have considered.
In our previous article we discussed the 7 questions that most of our Project Management Professional (PMP)® coaching students ask us as they start out their journey. However, over the years we have identified a second set of 7 questions - the questions students SHOULD be asking us but they don’t. Here they are:
By Cornelius Fichtner, PMP, CSM and Dan Ryan, MBA, PMP
As part of the process of preparing to take the Project Management Professional (PMP®) Exam you have most likely read about the use of a Responsibility Assignment Matrix (RAM), Roles and Responsibilities, and the Resource Breakdown Structure (RBS). Each of these tools & techniques are discussed within A Guide to the Project Management Body of Knowledge 
While I hope it doesn’t happen to you, some people fail the Project Management Professional (PMP)® exam 3 times. If you do find yourself in that situation, you will have to wait a year from the date of your last exam before you will be able to apply for your PMP® certification again.
Studying for the Project Management Professional (PMP®) Exam can be a long undertaking that at times may seem overwhelming. 
Are you in the process of studying for the Project Management Professional (PMP)® Exam? Have you read through what the 
You have read the Project Management Institute’s (PMI)® publication, A Guide to the Project Management Body of Knowledge (PMBOK® Guide), from cover to cover; studied other Project Management-related texts; and you feel you are preparing well to take and pass the Management Professional (PMP)® Exam. 
Is studying for and obtaining your Project Management Professional (PMP)® Certification one of your personal or career goals? Are you wondering about things such as where is a good place to start, what materials might be the most helpful in studying, or how many practice tests are just right or too many? Are you interested in the experiences and insights of those who have been there, were once also wondering many of the same things, and who have recently passed the Project Management Professional (PMP)® Exam?
