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Guide to Time Management in Project Performance Management (PMBOK Guide Seventh Edition)

Time Management is a crucial concept in the Project Management Professional (PMP) Certification exam, as set out by the PMBOK Guide Seventh Edition.
Why it is important: Time Management is vital as it ensures the timely completion of the project, leading to increased efficiency and customer satisfaction. Mastery of this aspect can contribute significantly to the successful completion of the PMP examination and thus improve your professional credibility.
What it is: Time Management in Project Performance management involves processes required to ensure timely completion of the project. This includes planning, defining and sequencing activities, estimating the duration of activities, developing and controlling the schedule.
How it works: It works by setting realistic deadlines for various project tasks and using appropriate project management tools to ensure that these deadlines are met.
Answering Questions: When answering questions regarding Time Management in the exam, ensure to demonstrate a clear understanding of the various processes involved in time management and how they relate to each other.
Exam Tips: Understanding the practical aspects and real-life applications of Time Management concepts can make the difference between simply passing the exam and achieving a high score. Be familiar with key terminologies, PMBOK processes, and tools used in project time management. Practice scenario-based questions to gauge your understanding and application of these concepts. Remember, explanation answers should involve not only the 'what' but also the 'how' and 'why' of Time Management.

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Time Management practice test

Time Management entails the application of processes, methods, skills, and experience to achieve the project objectives within an agreed time frame. It involves defining and sequencing activities, estimating activity durations, developing and controlling the project schedule. Time management plays a critical role in ensuring that projects are delivered within the agreed timescales to avoid cost overruns and stakeholder dissatisfaction. A project manager, therefore, has to effectively manage time to ensure the schedule is realistic and achievable.

Time: 5 minutes   Questions: 5

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Project Management Professional Preparation Package (2024)

  • Earn 35 PDUs needed for your PMP certification
  • 12955 Superior-grade Project Management Professional practice questions.
  • Accelerated Mastery: Deep dive into critical topics to fast-track your mastery.
  • Unlock Effortless PMP preparation: 5 full exams.
  • 100% Satisfaction Guaranteed: Full refund with no questions if unsatisfied.
  • Bonus: If you upgrade now you get upgraded access to all courses
  • Risk-Free Decision: Start with a 7-day free trial - get premium features at no cost!