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The Project Management Professional (PMP)® credential examination will be revised in 2011. This is based on updates to the professional role of a PMP® credential holder recently found by PMI’s Role Delineation Study (RDS).
When: The new examination is scheduled for release on 31 August 2011. This means that the last day to take the current PMP examination is 30 August 2011.
The exam will still be based on PMBOK Guide Version 4. However, PMI has adviced that about 30% of the PMP Exam questions will get changed to reflect the project manager’s role as defined by the recent Role Delieation Study.
Education and experience eligibility requirements for the PMP credential will not change, however.
What has changed in the PMP Exam?
Certain areas of the exam will be tested in a different way because an existing domain was seen to be common across all content areas of the exam. Specifically, the Professional and Social Responsibility content area will now be tested in every domain rather than as a separate domain on the exam.
This means that questions from the Professional and Social Responsibility area will now be spread out in each knowledge area and process group. PMI’s Code of Ethics and Professional Conduct should therefore be viewed as now integrated into the day-to-day role of a project manager, emphasizing its importance in each phase of the project lifecycle.
From 31-Aug-2011, the PMP Exam Question Distribution will now be revised as a result of this change. You can download the New Exam Content Outline and Question Distribution here.
Domain % of Questions
Initiating 13%
Planning 24%
Executing 30%
Monitoring & Control 25%
Closing 8%
Total Scored Questions: 175
Total Unscored Questions (Pre Test Questions): 25
Total Questions: 200
Time Allocated: 4 Hours
Change to the PMP Passing Score?
There has been no notification from PMI regarding the PMP Passing score. So as far as I know, use this guideline on the Passing Score of PMP Exam in 2011 and beyond.
Frequently Asked Questions about the Changed PMP Exam
PMI has also released a FAQ, which details the changes in the PMP exam. I suggest that you download it and read it carefully.
Study for 35 PDUs
It is best that you study at a PMI R.E.P. during this change. You can check out the PMP Training Directory for PMP Training near you.
How to Study for this Changed PMP Exam
See PMP Sample Questions released by PMI. And also do as many Mock PMP Exam Questions as possible. Now you can also get 20 Free Questions on Quality Management just by subscribing to the PMP Newsletter.
Let me know if you have any other questions regarding the change to the PMP Exam on 31-August-2011.
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Feeding
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Organizing
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The field of accounting and finance has diverse job opportunities and most of them are the highly paid ones. For getting these jobs, you need the right kind of educational qualifications The job of a certified public accountant (CPA) is also one of them. The job of a certified financial accountant can help you earn a lot of respect and provide you with excellent career opportunities in the United States of America. However, candidates must have the answers to the questions like what are the requirements to become a CPA or how to become a CPA and how long does it take to become a CPA. The next few paragraphs will help you understand about CPA requirements and CPA salary range.
Becoming a Certified Financial Accountant
Certified financial accountants are known to be engaged in important tasks related to accounting in finance firms where they work. They are also required to provide their company accounts and financial statements with attestation and auditing services in which they have a clear edge or expertise over other professionals. This can be one of the best accounting jobs if you have the talent and the right kind of attitude.
All those who wish to know how to become a CPA should understand that qualifying for the CPA exam is the first challenge for you. For this, you will need a bachelor’s degree in accounting from a very renowned university, which is recognized. There are some states which would require students aspiring for this exam to possess master’s degree in the field of accounting.
Then, the next step in understanding what does it take to become a CPA is to begin your preparations for the same. This is a very competitive exam and it is not possible for large number of candidates to clear it. So, if you wish to be one of the talented ones who will crack the exam, hard work and consistent efforts are a must. This exam consists of four sections or parts, which are auditing, business regulations, financial accounting and business environment. It is essential to pass in all four exams to get the CPA license to practice. Along with so much efforts, you also need to give an ethics test which consists of seventy five questions. By now, you must have got the right answers to the questions how to get a CPA certification and how to become a CPA.
CPA Salary Details
The chartered accountant salary or certified public accountant salary largely depends on their educational qualifications, number of years of practical experience, skills, location of job and type of employer. In places such as New York, the certified public accountant salary can be in the range of $60,000 to $75,000 per year. On the other hand, places such as Chicago or Dallas can pay you anything between $50,000 to $65,000 per year. Salaries largely depend on the post at which you work. Those finance professionals working at top positions in large accounting corporations can earn anything between $100,000 to $200,000 per year. Effective communication skills, interpersonal skills, mathematical abilities, calculation skills and managerial abilities are essential to become successful in your career as a CPA.
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