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Project Management Professional Certification Exam: 5 Tips for Success
Project Management Professional Certification Exam: 5 Tips for Success
By Shalini MSubmitted On January 18, 2021
PMP is an abbreviated form of the Project Management Professional. For this profession, you need to get the PMP certification. Regardless of the type of industries, this certification is of paramount importance for managers. It can help you get a higher salary. If you are getting ready for this exam, we suggest that you follow the steps given below for a higher rate of success. Read on to find out more.
1. Get help from Multiple Sources
First of all, it is not a good idea to depend on the PMBOK guide for your preparation. After all, you cannot learn a foreign language on your own. The reason is that this guide has tons of new terminologies that you may find difficult to understand. You may want to study it from a reference text point of view only.
2. Have a Solid Plan of Study in Place
The PMP examination will test your grip on five domains that cover different subjects. So, you must take your time to go over the domains a minimum of once. Besides, you should learn from mock exams as well. In addition, you can visit online forums and spend some quality time learning about areas that require improvement.
Not taking the time to get ready will reduce your chance of success. You may want to put together a study plan based on your personal needs.
3. Don't just Memorize
The PMP examination is on the list of practical examinations. The purpose of this exam is to test your concepts in real life situations. Since this exam involves a lot of terminologies, most candidates just memorize them as an easy way to success.
But this is not the right way. What you need to do is read in order to understand the concepts. However, there are many things that you can memorize, such as formulas.
4. Check Out the PMP Site
Knowing your exam may sound easy, but it still present a lot of challenges to you. For fundamental concepts, we suggest that you take a look at the website of PMP certification. The website provides several links to other websites that contain useful information.
In the PMBOK guide, you have a lot of essential details like the overview of the exam and the certification. Apart from this, it will also cover the topics that the examination will be based on. This will help you a lot as far as putting together your study plan is concerned.
5. Get Ready and Attempt some Practice Exams
Lastly, we suggest that you take practice exams as well. In the examination, you will have 200 questions that must be attempted in 4 hours. So, you will have less than 60 seconds to attempt one question. Therefore, it is better that you take some practice exams to get yourself familiar with the entire examination pattern.
Long story short, we suggest that you follow the five tips given in this article if you are getting ready for the PMP certification exam.
If you are searching for schools near me or technical schools near me, we suggest that you check out vocational schools near me.
Article Source: https://EzineArticles.com/expert/Shalini_M/2609777
YouTube's Test Tube: What Is It?
YouTube's Test Tube: What Is It?
Are you an active member of the YouTube community? If you enjoy uploading and sharing your videos with others you may be. Even if you prefer to only watch videos online, not share your own, you may still be an active member of the YouTube community. If you regularly find yourself visiting the YouTube website, whether it is to upload your own movies or watch movies that others have posted, you may have heard of a program that is known as TestTube. TestTube is an idea that was generated by YouTube, although it is still in the testing period, you may find YouTube's TestTube to be quite exciting, unique, yet useful.
As you can likely tell from the name and as it was mentioned above, TestTube is a program that was and is still being generated by YouTube. TestTube is where YouTube is currently testing a wide variety of different things; things that will likely improve the way that you watch or share videos on YouTube. When you think about it, YouTube is absolutely amazing. They are one of the largest online video sharing websites, as well as the most popular, yet they are still taking a number of steps to make the online video sharing experience even better.
Although the TestTube program isn't necessarily referred to as a beta program, it can be considered one, as everything that is tested is still in the experimental phases. As it was stated above, many of things being worked on in YouTube's TestTube are improvements to make watching and sharing videos online easier. To know if these ideas or improvements are actually working, they need other internet users to help test them out. This is where you could come in. If you were interested, you could request to join the YouTube TestTube program. You will not only find doing so fun and exciting, but you may also get a firsthand look at many of the changes or improvements that the folks at YouTube are trying to make.
Although the improvements or ideas being worked on in YouTube's TestTube are likely to vary, you will find that many improvements or ideas are centered on watching videos. For instance, YouTube is currently working on an idea that allows you and other internet users, who are watching the same YouTube videos, to talk to each other, almost like a live, real-time chat. This is a little bit different then sending personal messages or leaving comments on a YouTube video page. Another unique idea currently being examined in YouTube's TestTube, is the ability to add music to a video, as a watcher. In YouTube's TestTube, you have the ability to swap out audio from a YouTube video from a long list of licensed songs that YouTube has permission to use.
The decision as to whether or not you want to visit the TestTube section of YouTube is yours to make, but it is definitely something worth looking into. You get to try out all of YouTube's current ideas or improvements for free. You are also encouraged to offer your suggestions as to whether or not you like them. This, in turn, could help to make your YouTube experience even that more memorable. If you are interested in taking part in YouTube's TestTube program, you can find more information about the program, by visiting the YouTube webpage. In small print, at the bottom of each YouTube page, you will find a link with more information on TestTube.
#YouTube #Marketing
SURVIVAL TIPS FOR SMALL BUSINESSES
SURVIVAL TIPS FOR SMALL BUSINESSES
You may be in Mail Order, Direct Mail, or you may be a local merchant with 150 employees; whichever, however or whatever---you've got to know how to keep your business alive during economic recessions. Anytime the cash flow in a business, large or small, starts to tighten up, the money management of that business has to be run as a "tight ship."
Some of the things you can do include protecting yourself from expenditures made on sudden impulse. We've all bought merchandise or services we really didn't need simply because we were in the mood, or perhaps in response to the
flamboyancy of the advertising or the persuasiveness of the salesperson. Then we sort of "wake up" a couple of days later and find that we've committed hundreds of dollars of business funds for an item or service that's not essential to the success of our own business, when really pressing items had been waiting for those dollars.
If you are incorporated, you can eliminate these "impulse purchases" by including in your by-laws a clause that states: "All purchasing decisions over (a certain amount) are contingent upon approval by the board of directors." This will force you to consider any "impulse purchases" of considerable cost, and may even be a reminder in the case of smaller purchases.
If your business is a partnership, you can state, when faced with a buying decision, that all purchases are contingent upon the approval of a third party. In reality, the third party can be your partner, one of your department heads, or even one of your suppliers.
If your business is a sole proprietorship, you don't have much to worry about really, because as an individual you have three days to think about your purchase, and then to nullify that purchase if you think you don't really need it or can't afford it.
While you may think you cannot afford it, be sure that you don't "short-change" yourself on professional services. This would apply especially during a time of emergency. Anytime you commit yourself and move ahead without completely investigating all the angles, and preparing yourself for all the contingencies that may arise, you're skating on thin ice. Regardless of the costs involved, it always pays off in the long run to seek out the advice of experienced professionals before embarking on a plan that could ruin you.
As an example, an experienced business consultant can fill you in on the 1244 stock advantages. Getting eligibility for the 1244 stock category is a very simple process, but one with tremendous benefits to your business.
The 1244 stock encourages investors to put equity capital into your business because in the event of a loss, amounts up to the entire sum of the investment can be written off in the current year. Without the "1244" classification, any losses would have to be spread over several years, and this, of course, would greatly lessen the attractiveness of your company's stock. Any business owner who has not filed the 1244 corporation has in effect cut himself off from 90 percent of his prospective investors.
Particularly when sales are down, you must be "hard-nosed" with people trying to sell you luxuries for your business. When business is booming, you undoubtedly will allow sales people to show you new models of equipment or a new line of supplies; but when your business is down, skip the entertaining frills and concentrate on the basics. Great care must be taken however, to maintain courtesy and allow these sellers to consider you a friend and call back at another time.
Your company's books should reflect your way of thinking, and whoever maintains them should generate information according to your policies. Thus, you should hire an outside accountant or accounting firm to figure your return on your investment, as well as the turnover on your accounts receivable and inventory. Such an audit or survey should focus in depth on any or every item within the financial statement that merits special attention. In this way, you'll probably uncover any potential financial problems before they become readily apparent, and certainly before they could get out of hand.
Many small companies set up advisory boards of outside professional people. These are sometimes known as Power Circles, and once in place, the business always benefits, especially in times of short operating capital. Such an advisory board or power circle should include an attorney, a certified public accountant, civic club leaders, owners or managers of businesses similar to yours, and retired executives. Setting up such an advisory board of directors is really quite easy, because most people you ask will be honored to serve.
Once your board is set up, you should meet once a month and present material for review. Each meeting should be a discussion of your business problems and an input from your advisors relative to possible solutions. These members of your board of advisors should offer you advice as well as alternatives, and provide you with objectivity. No formal decisions need to be made either at your board meeting, or as a result of them, but you should be able to gain a great deal from the suggestions you hear.
You will find that most of your customers have the money to pay at least some of what they owe you immediately. To keep them current, and the number of accounts receivable in your files to a minimum, you should call them on the phone and ask for some kind of explanation why they're falling behind. If you develop such a habit as part of your operating procedure, you'll find your invoices will magically be drawn to the front of their piles of bills to pay. While you should maintain a courteous attitude, don't be hesitant, or too much of a "nice guy" when it comes to collecting money.
Something else that's a very good business practice, but which few business owners do is to methodically build a credit rating with their local banks. Particularly when you have good cash flow, you should borrow $100 to $1,000 from your banks every 90 days or so. Simply borrow the money, and place it in an interest bearing account, and then pay it all back at least a month or so before it's due. By doing this, you will increase the borrowing power of your signature, and strengthen your ability to obtain needed financing on short notice. This is a kind of business leverage that will be of great value to you if or whenever your cash position becomes less favorable.
By all means, join your industry's local and national trade associations. Most of these organizations have a wealth of information available on everything from details on your competitors to average industry sales figures, new products, services, and trends.
If you are given a membership certificate or wall plaque, you should display these conspicuously on your office wall. Customers like to see such "seals of approval" and feel additional confidence in your business when they see them.
Still another thing often overlooked: If at all possible, you should have your spouse work in the business with you for at least three or four weeks per year. The important thing is that if for any reason you are not available to run the business, your spouse will be familiar with certain people and situations about your business. These people should include your attorney, accountant, any consultants or advisors, creditors and your major suppliers. The long-term advantages of having your spouse work four weeks per year in your business with you will greatly outweigh the short-term inconvenience. Many couples share responsibility and time entirely, which is in most cases even more desirable.
Whenever you can, and as often as you need it, take advantage of whatever free business counseling is available. The Small Business Administration published many excellent booklets, checklist and brochures on quite a large variety of businesses. These publications are available through the U.S. Government printing office. Most local universities and many private organizations hold seminars at minimal cost, and often without charge. You should also take advantage of the services offered by your bank and local library.
The important thing about running a small business is to know the direction in which you're heading; to know on a day-to-day basis your progress in that very direction; to be aware of what your competitors are doing and to practice good money management at all times. All this will prepare you to recognize potential problems before they arise.
In order to survive with a small business, regardless of the economic climate, it is essential to surround yourself with smart people, and practice sound business management at all times.
#smallbusiness #business
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