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For the Project Management Body of Knowledge (PMBOK®) Guide, 5th Edition

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This project management video training with Chris Ward covers the objectives for the Certified Associate of Project Management (CAPM)® certification....
This project management video training with Chris Ward covers the objectives for the Certified Associate of Project Management (CAPM)® certification.

Related expertise areas:
  • IT project management

Recommended skills:
  • Time management skills
  • Cost management skills
  • Basic human resources and quality management

Recommended equipment:
  • No equipment necessary

Related certifications:
  • Certified Associate of Project Management (CAPM)®
  • Project Management Professional (PMP)®

Related job functions:
  • Project Manager
  • IT Manager
  • Office Manager

Many people have heard about the Project Management Professional (PMP)® certification, but if you're just getting started in the industry, you probably don't have the experience necessary to even apply for the certification. CAPM® to the rescue! This course prepares you for the Certified Associate in Project Management (CAPM)® certification from PMI. Whether you’re a student, new to project management, changing careers, or already serving as a subject matter expert on project teams, the CAPM® can get your career on the right path or take it to the next level. This course follows the elements of project management as defined by A Project Management Body of Knowledge, (PMBOK® Guide) – Fifth Edition.

This training has been approved for Category A PDUs. For a listing of how many PDUs are earned for this training, please visit our PMI R.E.P. FAQs on our forum.

PMI, CAPM, PMBOK Guide and PMP are registered marks of the Project Management Institute, Inc.
 show less
1. CAPM® Overview (21 min)
2. Basic Definitions and Terminology (23 min)
3. Processes and Knowledge Areas Overview (29 min)
4. The Organization and the Project Manager (22 min)
5. The Project Life Cycle (16 min)
6. Project Integration Management (32 min)
7. Project Scope Management - Part 1 (27 min)
8. Project Scope Management - Part 2 (14 min)
9. Project Time Management - Part 1 (30 min)
10. Project Time Management - Part 2 (24 min)
11. Project Cost Management - Part 1 (26 min)
12. Project Cost Management - Part 2 (26 min)
13. Project Quality Management (26 min)
14. Project HR Management (29 min)
15. Project Communications Management (18 min)
16. Project Risk Management Part 1 (36 min)
17. Project Risk Management Part 2 (21 min)
18. Project Procurement Management (30 min)
19. Project Stakeholder Management (20 min)
20. CAPM - Exam Cram! (30 min)

CAPM® Overview

00:00:00

Hey everyone, welcome to the Introduction to the Certified Associate of Project Management, or CAPM, Exam Prep course from CBT Nuggets. I'm Chris Ward. I'm a Project Management Professional, and excited to take you through the next series of CBT Nuggets that are going to help prepare you to not only become a better project manager, but also prepare you to get ready to pass that CAPM exam.

00:00:24

Rather simple and straightforward what we're going to cover in this CBT Nugget. It's an introduction. So the first thing I'm going to do is I'm going to give you a background on the terminology, some of the things, the statements, the words, that I use throughout this CBT Nugget series on the CAPM.

00:00:40

And we're also going to take a look at the exam itself, and the preparation for it, kind of an overview of what it takes to take the exam, what you're going to need to know before you actually even get to the exam place. And then, finally, we're going to wrap it up with just a brief look at the new fifth edition of the PMBOK.

00:00:58

All right, as promised the first thing that we're going to take a look at in our Certified Associate of Project Management CBT Nugget series are what I would like to call terms, or terminology. If you're an IT person, you know all about TLAs, three letter acronyms, Cisco, Microsoft, and VMware, you name it.

00:01:21

We have a ton of them. Guess what? Project management is the same thing. And we all have our little pet terms that we know and we use because, hey, I'm a PMT. Well, what does that mean? Well, I'm a Project Management Professional. What is it that we have?

00:01:37

What's the PMBOK? What are we talking about what with the CAPM? So all throughout these entire CBT Nuggets, I'm going to be using terms that I want you to know and understand. So that way you're not like, oh, wait a minute, Chris, I don't remember. So if you're about four or five Nuggets down the road, and I use a term, and you're like, I don't remember what that means, feel free to come back over here.

00:02:01

And I'm usually pretty good, at least the first time, in a Nugget explaining it. The first one, I use the word CAPM, C-A-P-M. That is what you see all the way up here, Certified Associative of Project Management, CAPM. Another one is the PMBOK, the PMBOK.

00:02:21

Or some people like to call it the PMBOK, OK, that's fine. The PMBOX box is the Guide to the Project Management-- I'm going to abbreviate this-- Body of Knowledge. PMBOK, the Guide to the Project Management Body of Knowledge, this, of course, for this series, needs to be the fifth edition.

00:02:54

And I'll explain a little bit later on is in this Nugget, as we talk about how to apply, and one of the things I recommend that you do is join PMI. But no matter what, you have to get a copy of the PMBOK, the Guide to the Project Management Body of Knowledge.

00:03:08

I already mentioned this one. P-M-P, that's the Project Management Professional. Now, the Project Management Professional is obviously a level above the CAPM, the Certified Associate of Project Management. Why is that? To give you an idea, the CAPM requires a high school diploma or secondary education, and 1,500 hours of experience, or 23 hours of what they call accredited education units, CEUs.

00:03:51

You'll hear a lot of people call them PDUs, Professional Development Units. The reason why is because once you get the PMP over here, you have to continue your education. You have to get 60 credits of this every three years to maintain your PMP. In the world of CAPM, on the other hand, over the time period you actually have to go in and re-certify on the exam.

00:04:14

You don't get those continuing hours. Now, the Project Management Professional, on the other hand, if you have a high school diploma you need 7,500 hours of experience. Get where that's going? As well as, OK, let's say you have a bachelor's degree. And by the way, I have a bachelor of science degree.

00:04:35

So when I got mine, I only needed 4,500 hours of experience. Now, the problem is that on the CAPM, doesn't matter. You can have a bachelor's degree. And it won't really matter. It won't change the amount of hours that you need or the amount of education hours you need.

00:04:52

Good news is this series right here, this CBT Nuggets, CBT Nuggets qualifies you for these 23 hours. So just by that alone can tell you the difference between the level of the PMP and the CAPM. There's also difference in the exam itself. And I'll talk a little bit more about the difference between the two exams in just a few minutes here.

00:05:18

So here's some terms we have, CAPM, PMBOK, and PMP. You'll also hear for something that I like to call EEF's. These are Enterprise Environmental Factors, Enterprise Environmental Factors, EEF's. I also have something I call OPA's. And no, this is not the Greek where you go, opa, and you break a dish and drink some Ouzo.

00:05:55

No, OPA's are Organizational Process Asset. I'm probably misspelling at least two of those process-- that's one big c. And then, finally, I also use what are known as ITTO's, I-T-T-O's, Inputs, Tools, and Techniques, and Outputs. Each process in the PMBOX knowledge area-- or I should say in all of the processes that we have, each one of them has a set of inputs, tools and techniques, and outputs.

00:06:45

I call them the ITTO's, or the ITTO's. So you're going to have are EEF's, are OPA's, and are ITTO's. Why do I use those terms? Because to say Enterprise Environmental Factors every single time, boy, this is going to be a long series. The same thing with organizational process assets.

00:07:01

The same thing with inputs, tools, and techniques, and outputs. And then I go, OK, I'm done with that. So this is some terms and terminology that we're going to be using throughout the series. And I want you to be aware of going forward. Now, let's start talking a little bit more about what it is that you need to get, or the requirements that you need, for the CAPM.

00:07:22

Well, the first thing we need to recognize is that you need experience. I will say experience, or the three E's, experience or education. That is what I talked about with the 1,500 hours of experience. Or, and I love the or, 23 contact hours of education.

00:07:49

So I recommend that you use this because, obviously, you get it just by doing the series. Second, so that's one, two, you have to have an exam that you pass. The exam for the CAPM is 150 questions. And they are simple multiple choice. You have A, B, C, or D. Pick the best answer, multiple choice.

00:08:22

Now, this is different than the PMP. The PMP exam, just so you know, is 200 questions. And they are scenario-based questions. The good news for you guys in the CAPM, don't worry about that. It's going to be simple stuff. It's going to be what is the input-- or which one of these is an input for acquiring the project team, or whatever other type of thing.

00:08:56

It's a process. What's one of the inputs? You'll get four possible answers. You'll go, yeah, I know. It's right there. And so you'll pick the correct answer. The scenario-based questions say something like, Dan Sharbano is the project manager of Acme Widget Incorporated.

00:09:11

And he's doing all this. Or he's handling Acme musical instruments. And he's got this going on. And a stakeholder says this. But one of his team members says this. And there's four possible answers. What do you do? And you're like, wow, I need my experience.

00:09:25

I need to know what PMI says, and what the PMBOX says. But I also need to understand all the-- there's a lot to those particular questions. And so the good news is you don't have to worry about that. You're taking the CAPM. And then, of course, there is going to be the actual application, which actually I should probably say the application will take place before these two.

00:09:52

So the application, now I highly suggest that you do an online application. You do not need to. You can go to PMI.org. So here we go. www.PMI-- the Project Management Institute-- the. org. And you can download the application. And you can print it out.

00:10:11

And you can fill it out and do it that way. Eh, come on. You guys are all IT guys probably. You're taking CBT Nuggets. You're CBT Nuggets customers. You guys know how to use an online application. It's easier. It saves the information for you. So if you have to go back to it, let's say you're in the middle of the application and something comes up.

00:10:32

You got your dryer going off and you got to take the clothes out. Well, you know, you can walk away. You can come right back and log back on. And you're good to go. The other thing that is going to have to happen is payment. Before you get the voucher, in order to take the examine and be able to actually go to the testing center or even apply at the testing center, you need to pay.

00:10:56

Now, the price, as of the recording of this particular CBT Nugget, is for non-members-- and so I'm going to put non-members. When I say non-members of PMI, you pay $300. Members pay $225. Now, I know what the question is already. I can hear it. I can hear it with my brain.

00:11:31

The question is, well, how much does it cost to join PMI. If you just do the basic sign up, and just as a basic member join a local chapter, it's going to cost approximately-- I'm saying approximately because prices can change-- It's going to be about $140.

00:11:47

And that includes your local chapter fee and the fee to sign up. Now, what do you get for that? You get a copy of the PMBOK. And you get access to all of the resources on PMI's website, including printed journal's, articles. You get an electronic copy of PMI now, and all this great stuff.

00:12:08

It is a really good investment. Plus, you're going to say $75 off your payment for your exam. Now, let's say you fail the exam because some people ask, well, what if I blow it? How much does it cost to retake it? Good news is it's not that expensive.

00:12:24

Well, kind of. It's $200 if you're a non-member. And if you are a member, it is going to be $150. So if you have to do it, guess what you're going to have to do? By the way, these are also the prices-- so this is retake, and also renewal fee. So if you are already a CAPM, and you need to go retake the CAPM exam after a while.

00:12:50

Let's say you haven't accumulated enough hours experience to take the PMP, which I highly suggest you do, the fees are a little bit less. OK, so just to kind of show you how that works. So that's the application. And these are going to be things that you're going to want to do.

00:13:03

Now, how do you do this? I want you to go on out. And I want you to get the CAPM handbook. And I'm going to show you here in just a second what that looks like. The CAPM handbook is also at www.PMI.org. In that handbook-- and I don't have to walk you guys through that.

00:13:23

You guys can read. I just want to give you some of the basics of it. You can go out, and it will tell you everything you need to know about how to apply. What happens if this happens? What if you can't take an online exam? You have to take a paper-based exam, how do you do that?

00:13:38

That is all included right here in the CAPM handbook. So that's the basics of getting up and running on this. Next what I want to do is tell you about the difference now that are in the brand new exam that is now started, because as of July 1, 2013 we are now in the fifth edition of the CAPM, because of the fifth edition of the PMBOK which has been out since January of 2013.

00:14:10

So let's take a quick look at exactly what that's going to entail. And now some of the areas that you're going to study before you get neck deep into our first CBT Nugget where we actually start talking about project integration, and processes, and groups, and all those cool things.

00:14:28

So like I said, the one thing you are going to want to get is the Certified Associate of Project Management handbook, or the CAPM handbook. And the reason why you're going to want to get this is because within this is an outline of some of the new things that you need to study for the exam.

00:14:46

What do they test you on? That's the cool thing. They don't make you guess. They tell you. In fact they tell you where the majority of the questions are taken from each particular area. So let's take a look at that first. The first thing that we're going to see is that the PMBOK Guide Fourth Edition has chapters.

00:15:05

And so from chapter one all the way through chapter 12, they would give you a percentage of the questions that are going to be on the exam. So in this case, we can see, hey, we've got everything from about 4% here from one. And then you've got your heavy duty chapter three.

00:15:22

Chapter three was all about the processes themselves, and kind of the order of things. Chapter four was integration. Five is scope. Six is time management. Seven was talking about cost so it was still pretty high. And then it kind of just went down there until you hit chapter 11, which was all about communications and talking about your stakeholder management, and all those kind of things.

00:15:44

And then chapter 12 was your procurement. So that was how it kind of ran in the PMBOK guide for the Fourth Edition. Well, of course, now what they've done is they brought together the Third Edition. And you'll notice that things have changed just a little bit in what their covering.

00:15:59

And the reason why is because now, in this particular case as we would like to say, all the stuff that's going on is they've we've added more of the processes. So here's where most of the processes are explained. And they've actually added a brand new knowledge area called stakeholder management.

00:16:18

And so now-- it used to be you had integration. You had scope. You had time, cost, quality, human resource, communication, risk, and procurement. So I'm sorry, this was risk. Risk had a lot on it. So you do all that. Well, now they're going to cover more of that in the actual areas.

00:16:38

In chapter four, of course, integration, that overall, Chapter Five, and so on. And so what we're going to do over the next set of CBT Nuggets is we're going to cover these chapters. And we're going to cover, obviously, we're going to spend maybe one or two CBT Nuggets on chapter three, just because take a look.

00:16:58

15% of the questions on this exam come from chapter three. We're going to spend maybe one or two on chapter four. And then as we kind of come down, we will probably just do about a Nugget a piece on the remainder of these particular knowledge areas. Now, again, this is because just of the different breakout of the PMBOK Guide in the Fifth Edition.

00:17:19

This is available, by the way. I'm not cheating or anything. This is actually in the CAPM handbook. So right over here, you can actually go in. And it talks about exactly what it is that's going to be covered in this particular area. So don't stress about it too much.

00:17:38

Don't think, oh my gosh, there's no way I'm going to be able to memorize, to know, all these things. We're going to give you the tools, the tricks, the tips, on how to really memorize, and know, and understand the different knowledge areas, and the processes, or the process groups we should say, of initiation, planning, executing, monitoring, controlling, and closing your particular project.

00:18:01

In fact, let's talk briefly about exactly what that is. We definitely want to be studying the Fifth Edition of the PMBOK, or the PMBOK Guide, the guide to the Project Management Body of Knowledge. And in there, what it does is it actually gives you an outline of what are known as the process groups and the knowledge areas.

00:18:23

This is actually from the PMBOK. And we highly recommend, and I'll talk about this as many times as possible, that you need to memorize this chart. Because what it does, essentially, is give you the ability if you look at this, to come in here. And you first off, have a knowledge area.

00:18:38

This is the project integration management. It's the 30,000 foot view of project management. There are things, or processes, that happen during integration management, are a part of that knowledge area. During initiation, or initiating process group, you're going to develop the project charter.

00:18:57

And we'll talk about the project charter. Integration management also talks about how you develop the project management plan, how you direct and manage project work. And then here you see we have two processes. We have monitor and control project work, and perform integrated change control.

00:19:12

And then, finally, you're going to close out the project, or phase. We'll talk about each one of these, and kind of give you some background about what is exactly going on because you kind of need to know that for the exam, because they're going to ask you, well, what is an output of the develop the project charter?

00:19:27

Well, the good news is it's the project charter. But these are going to be part of what we would call the knowledge areas and process groups. Now, the thing to remember, of course, here is that the knowledge areas are over here, project integration management, project scope management, time management.

00:19:46

Scope is actually the work that's necessary to complete the project, as well as things that are not. You define that, what you are. And what you're not going to do. And some of the things are going to happen there. You have cost. You have quality. You have human resources, communications, risk, procurement, and the brand new one, project stakeholder management, which, essentially, they used to do this in communications.

00:20:11

And they broke it off and made it its own knowledge area. But what you need to know is that there are now 10 knowledge areas, so 10 knowledge areas. And there are five process groups, initiating, planning, executing, monitoring and controlling, and closing.

00:20:28

What we say as project managers is that projects will begin. And, eventually, they will end. And in the middle, between the beginning and the end, you are planning. You are working. You're executing on that project. And you were also continuously monitoring and controlling that project.

00:20:46

The remainder of these CBT Nuggets is to get you ready for that CAPM exam. And I will tell you this much, the majority of what you need to know is found in the PMBOK. And it all deals with having a knowledge and understanding of how projects work, and how all these processes, if you follow them, if you follow the basic principle principles, the globally accepted best practice that PMI, the Project Management Institute states, that all projects should follow, you're going to be a great project manager.

00:21:15

And so with that CAPM certification in hand, with the knowledge you're going to learn from our project management training here at CBT Nuggets, you are going to be set and ready to go take that exam. I hope this has been informative. And I'd like to thank you for joining me.

Basic Definitions and Terminology

Processes and Knowledge Areas Overview

The Organization and the Project Manager

The Project Life Cycle

Project Integration Management

Project Scope Management - Part 1

Project Scope Management - Part 2

Project Time Management - Part 1

Project Time Management - Part 2

Project Cost Management - Part 1

Project Cost Management - Part 2

Project Quality Management

Project HR Management

Project Communications Management

Project Risk Management Part 1

Project Risk Management Part 2

Project Procurement Management

Project Stakeholder Management

CAPM - Exam Cram!

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