Although the free PMP exam practice website (Head First Labs) is quite helpful, I found a question that is most misleading and I believe the answer is incorrect based on the 4th edition of the PMBOK guide. Here is the question:
Which of the following is NOT an input of the Administer Procurements process?
A Work Performance Information
B Procurement Management Plan
D Procurement Documents
Performance Domain: Monitoring & Controlling process
Task: Verify and Manage Changes to the Project
Administer Procurements is the Monitoring & Controlling process for Procurement Management. It's when you run into a change that has to be made to a specific contract. You use work performance information to determine how the contract is going, and the contract and procurement documents to see exactly what everyone's on the hook for. But you don't actually see the Procurement Management Plan as an input to administer procurements.
If you look at p. 336 and 337 of the PMBOK guide... It clearly says that the Procurement Management Plan, which is a part of the Project Management Plan is an input to Administer Procurements ! In fact all possible answers are correct inputs according to the data flow diagram of p.336. So I think it would be worthwhile removing or changing this question from your PMP exam practice guide. It just adds confusion...
Thanks for the other questions and explanations though !
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I recently completed my PMP application (and passed the exam). I did not put hours in for every process group for every project. In addition, my comments on the projects were usually limited to around 100-150 character descriptions (enough information to describe my work in each process group). I think the general rule of thumb is to be as descriptive as necessary to describe your work in the project. That is to say, if it was a "quick hit"/short project you can summarize your work pretty quickly. If the project was longer/more in-depth then you should include more information.
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I would say that a PMP is highly respected within both IT & non-IT communities where strong project management skills are required. If you plan on a long term career as a project manager, then yes, even with your level of experience, I would suggest getting your PMP. You can prepare yourself for the exam in one of the leading training providers like http://www.pmstudy.com . You can do minimal prep-work to get 40 PMI® Contact Hours and apply to PMI for PMP Exam before the class begins.T PMP Certification