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Exam Number : PMI-SP
Exam Name : PMI Scheduling Professional
Vendor Name : PMI
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PMI-SP Exam Format | PMI-SP Course Contents | PMI-SP Course Outline | PMI-SP Exam Syllabus | PMI-SP Exam Objectives


The Project Management Institute (PMI) ® offers a professional credential for project schedulers, known as the PMI Scheduling Professional (PMI-SP)®. PMIs professional credentialing examination development processes stand apart from other project management certification examination development practices. PMI aligns its process with certification industry best practices, such as those found in the Standards for Educational and Psychological Testing.



Although many of the domains, tasks, knowledge, and skills outlined by the PMI-SP Exam Content Outline are also covered by the Practice Standard for Scheduling and PMBOK® Guide, there are some that are unique to the PMI-SP Exam Content Outline. Candidates studying for the examination will certainly want to include the current edition of the Practice Standard for Scheduling and PMBOK® Guide as two of their references, and would be well advised to read other current titles on project scheduling.



Schedule Strategy 14%

Schedule Planning and Development 31%

Schedule Monitoring and Controlling 35%

Schedule Closeout 6%

Stakeholder Communications Management 14%

Total 100%



Domain 1: Schedule Strategy (14% of examination)


Task 1 Establish project schedule configuration management policies and
procedures incorporating best practices, regulations, governing standards
and organization policies, and procedures to ensure accessibility, storage,
retrieval, maintenance, change control, and baseline schedule control.


Task 2 Develop schedule approach, based on the unique characteristics of the
project, including enterprise environmental factors and organizational
process assets, in order to define schedule requirements.


Task 3 Establish scheduling policies and procedures regarding methodology,
selection of a scheduling tool, scheduling parameters, performance
thresholds, activity granularity, presentation format, earned value
management (EVM) implementation, analysis techniques, and approval
requirements by using resources such as organizational process assets and
project documents in order to develop the schedule management plan and
standardize operational procedures.


Task 4 Develop the scheduling-related components for project management plans
(for example, integration, scope, cost, quality, resources, communication,
risk, and procurement management), through review of contract
requirements, in order to integrate scheduling activities into the overall
project management process.


Task 5 Provide information about project scheduling objectives and goals, the role of
the scheduler, and scheduling procedures to project team members to
facilitate effective participation in the project.

Knowledge and Skills:

 Applicable contract requirements, regulations, and governing standards

 Schedule control processes (for example, baseline control, status update procedure, variance thresholds)

 Scheduling development concepts (for examples, coding, work breakdown structures, organizational breakdown structure, resource breakdown structures)

 Project charter



Domain 2: Schedule Planning and Development (31% of examination)


Task 1 Develop the work breakdown structure (WBS), organizational breakdown
structure (OBS), control accounts (CA), and work packages through
communication with subject matter experts and stakeholders and analysis of
the contractual commitments in order to ensure completion of the project
scope.


Task 2 Define activities and milestones through communication with subject matter
experts, decomposition, and application of scheduling policies and
procedures to identify and document the work to be performed.


Task 3 Estimate activity durations, utilizing subject matter experts and scheduling
techniques such as three-point estimate, parametric, analogous and/or
Program Evaluation and Review Technique (PERT) in order to develop an
overall schedule model.


Task 4 Sequence activities, incorporating defined dependencies (internal, external,
and cross programs) milestones, and constraints (for example, calendars,
geography, contracts), in order to develop a logical, dynamic schedule model.


Task 5 Identify critical and near-critical path(s) using techniques such as Critical
Path Method, Critical Chain, Program Evaluation and Review Technique
(PERT), and Monte Carlo simulation in order to meet project delivery date
requirements.


Task 6 Develop the project resource breakdown structure (RBS), determine resource
availability, and assign resources to activities by working with functional
managers, project managers, and project team members in order to define the
resource constrained schedule.


Task 7 Adjust schedule model based upon resource availability, available budget,
and other known constraints in order to calculate the resource constrained
schedule.


Task 8 Align schedule with the overall program plan or integrated master plan (IMP),
through review of enterprise objectives and contract documentation, in order
to ensure accomplishment of overall program objectives.


Task 9 Analyze major milestones against statement of work (SOW), the contract,
and/or memorandum of understanding, to assess whether schedule model
delivery estimates meet required deadlines.


Task 10 Perform schedule risk analysis using quantitative tools or techniques (for
example, what-if scenarios, Monte Carlo simulation) in order to determine if
project milestone dates are achievable within acceptable risk tolerances.


Task 11 Obtain a consensus of the project customer, sponsor, project manager, and
project team members, in order to establish an approved baseline schedule.


Task 12 Establish the Performance Measurement Baseline (PMB), using organizational
processes and standard techniques, in order to enable performance measurement and management.


Knowledge and Skills:

 Scope statements, including deliverables and deadlines

 Work breakdown structure (WBS)

 Organizational breakdown structure (OBS)

 Resource breakdown structure (RBS)

 Cost structure as related to schedule development

 Activity definition

 Activity execution techniques (duration/time, effort/work)

 Dependency relationship types (Finish to Start, Start to Finish, Finish to Finish, Start to Start)

 Leads and lags

 Prioritization within the schedule model

 Resource groups

 Resource calendars

 Resource allocation techniques

 Activity Network Diagram (AND)

 Precedence Diagramming Method (PDM)

 Capacity requirements/resource requirements

 Contingency reserve or buffer (funds, budget, or time)

 Cost and schedule integration

 Schedule baselining

 Performance Measurement Baseline (PMB)

 Inter-project Dependencies

 Milestone definition

 Schedule model components

 Schedule risk-assessment techniques (for example, Monte Carlo simulation, PERT)



Domain 3: Schedule Monitoring and Controlling (35% of examination)


Task 1 Collect activity status at defined intervals from activity owners via reports,
meetings, inspections, or other standard procedures in order to update and
review the project progress.


Task 2 Collect resource information and updates via reports, timesheets, meetings,
inspections, or other standard procedures in order to report on resource
utilization and availability.


Task 3 Perform schedule analysis and audit, on in-house and subcontractor
schedules, using industry standards, guidelines and best practices in order to
identify and report project schedule, status, changes, impacts or issues.


Task 4 Identify alternative project execution options, using tools and techniques
such as what-if scenario analyses, in order to optimize the schedule.


Task 5 Incorporate approved risk mitigation activities into the schedule, by utilizing
defined change control processes, in order to establish a new performance
measurement baseline (PMB).


Task 6 Update the schedule model and document schedule baseline changes,
received through formal change-control processes, in order to maintain an
accurate schedule and facilitate forensic schedule analysis, if required.


Knowledge and Skills:

 Progress measurement techniques (for example, percent complete, actual/remaining duration, estimate to complete)

 Industry standards, guidelines, and best practices with respect to activity status update frequency, format, and content

 Metrics to monitor, analyze, and control the schedule

 Cost and schedule reserve analysis

 Activity prioritization

 Available data, logical data organization/relationships within data elements

 Electronic file storage and retrieval standards

 Resource breakdown structure (RBS)

 Resource calendars

 Resource groups

Resource allocation techniques

 Schedule risk analysis

 Project schedule change control

 Reserve analysis

 Knowledge of ongoing audit analysis

 Activity Network Diagram (AND)

 Precedence Diagramming Method (PDM)

 Schedule risk exam techniques (for example, Monte Carlo simulation, Program and Evaluation Review Technique [PERT])
Schedule and cost variance management



Domain 4: Schedule Closeout (6% of examination)


Task 1 Obtain final acceptance of the contractual schedule components, by working
with sponsor and/or customer, in order to facilitate project closeout.


Task 2 Evaluate final schedule performance against baseline schedule, scheduling
approach and the implementation, using standard scheduling tools and
techniques, including solicitation of feedback from stakeholders, in order to
identify lessons learned and develop best practices.


Task 3 Update the organizational process assets, through documentation of
identified lessons learned and best practices, in order to improve business
processes.


Task 4 Distribute final schedule reports, including earned value management (EVM)
calculations and variance analysis, to stakeholders in order to facilitate
project closeout.


Task 5 Archive schedule files (for example, final schedule model, schedule
management plan, periodic status reports, schedule change log), as per
defined procedures in order to satisfy contractual requirements and prepare
for potential forensic schedule analysis.


Knowledge and Skills:

 Contractual schedule components

 Schedule close-out procedures

 Feedback techniques

 Schedule review techniques

 Schedule issue management

 Transition planning



Domain 5: Stakeholder Communications Management (14% of examination)


Task 1 Develop and foster relationships with project stakeholders, consistent with
the communication management plan, in order to enhance support for the
project schedule.


Task 2 Generate and maintain visibility of project schedule, by working with the
project manager and/or stakeholders, in order to maintain stakeholder
support.


Task 3 Provide senior management and other stakeholders with verbal and written
schedule status updates and impact on schedule of corrective actions, as
defined by the communication management plan, in order to maintain
stakeholder awareness.


Task 4 Communicate schedule issues that could impact delivery of project scope or
adherence to the schedule management plan, in order to elevate awareness to
relevant stakeholders.


Knowledge and Skills:

 Targeting communications to senior management

 Methods and techniques used to maintain visibility of project schedule Elements of the communication management plan Oral and written communication tools and techniques

 Targeting communications to intended audience

 Presentation tools and techniques

 Negotiation

 Facilitation

 Cultural sensitivity and diversity

 Conflict resolution

 Project life cycle

 Stakeholder-impact analysis

 Change management/control

 Scheduling terminology

 Organizational process assets

 Project management software

 Project management information systems

 Schedule documentation and reporting techniques

 Scheduling data management procedures (for example, archiving, storage, retrieval)

 Estimation techniques (for example, analogy based estimation, parametric estimation, historical data, expert estimation)

 Scheduling methods (for example, critical path method, critical chain, linear, agile)

 Scheduling techniques (for example, resource leveling, schedule compression, simulation)

 Earned Value Management (EVM)

 Gantt Charts

 Quantitative and qualitative schedule analysis (for example, schedule performance index, baseline execution index, float analysis)

 Problem-solving tools and techniques

 Contract schedule requirements



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Rishi Kapoor’s bet on co-living tainted by scandal | Killexams.com Resources

Rishi Kapoor sits in entrance of a huge reveal projecting a rendering of a proposed Miami beach co-dwelling challenge, as he describes his quest to dominate that sector of multifamily actual property, starting in South Florida, and then throughout the U.S.

but a widening scandal engulfing Kapoor could torpedo those ambitions. 

“construction is a tricky company,” Kapoor noted all through a Zoom call with The actual Deal in mid-might also, displaying the graphic of his deliberate undertaking. “sooner or later, we need a lot of issues to go correct with us, both micro- and macro-economically.” 

In contemporary months, a fine deal extra has long past incorrect than correct for Kapoor, CEO of Coral Gables-primarily based vicinity Ventures. in the beginning of the year, a gaggle of investors sued him in Miami-Dade Circuit court docket, looking for to oust Kapoor as supervisor of a co-dwelling mixed-use assignment in Coconut Grove. They allege he made unilateral selections, equivalent to paying exorbitant six-determine charges to lengthen maturing loans, with out first in the hunt for their approval per an operating settlement. 

And in may, a separate civil lawsuit filed by location Ventures’s ex-CFO Greg Brooks made an explosive allegation, and Kapoor tested it in his response to the criticism. via its Urbin subsidiary, location Ventures has been paying Miami Mayor Francis Suarez $10,000 a month as a personal advisor. Suarez, a Republican taking into consideration a 2024 White apartment run, didn't disclose his area Ventures facet hustle on his annual economic statements as required by means of Florida legislation. 

The business association sparked a joint crook investigation via the the ethics commission and state legal professional’s workplace in Miami-Dade County, as well as a separate public corruption probe by using the FBI, the Miami Herald mentioned. The Securities and trade commission is also digging into other allegations that Kapoor misrepresented potential profits to traders and misappropriated dollars for private prices, among other feasible securities violations. 

Kapoor declined to remark about the scandal putting over him, as well as separate, damning claims by using three sources who declare to have intimate capabilities about area Ventures’ buyers who need out. The sources spoke on the situation of anonymity out of worry of reprisals from Kapoor. 

“It’s all going to implode,” one supply said. “From what I’ve heard, Rishi’s panicking. here's a powder keg. And he’s operating out of alternatives.”

In an emailed statement on Monday, place Ventures’ legal professional Brian Goodkind talked about the company “denies all wrongdoing, and looks ahead to the fact popping out through the acceptable channels in due time.”

From marketing man to developer

Kapoor turned into reluctant to meet face-to-face when TRD firstly approached him for an interview a month earlier than Brooks’ lawsuit became filed. He refused three requests for an in-adult assembly, and he wouldn’t answer questions in regards to the allegations made towards him in court documents tied to the swimsuit filed early this 12 months.

He agreed to a video interview, but Kapoor would only answer questions on why he jumped into real property building, and his company’s focal point on constructing co-living projects in South Florida. 

“We at present have developed and bought simply over $300 million price of properties,” Kapoor talked about all over that may also 16 Zoom call. “Pipeline-smart, we have an extra couple hundred million [dollars] value of [projects] going through entitlements. For what the longer term holds, the market and God will dictate it.” 

In 2016, Kapoor launched vicinity Ventures after a brief career advertising true property initiatives, Kapoor talked about. “i wanted to get into the enterprise of growing my own product,” he said. “Working for a number of builders, it gave me fantastic perception.” 

vicinity Ventures begun off constructing a few single-family unit buildings, and in 2017, Kapoor set his points of interest on Orduna courtroom, a 24-unit condominium in Coral Gables throughout the highway from the school of Miami. region Ventures bought the property for $7.9 million, and transformed the five-story building right into a co-living venture with totally furnished long-time period leases and prolonged stays targeted to college college students. 

final yr, vicinity Ventures sold Orduna court for $14.7 million. 

in the eight years given that its inception, area Ventures has ramped up its development pipeline. Between 2018 and closing year, the enterprise paid well-nigh $100 million mixed for 5 development sites in Coral Gables, Miami’s Coconut Grove and Miami seaside. four of those websites are being developed into Urbin-branded co-living tasks. 

Location Ventures' Villa Valencia project in Coral Gables place Ventures’ Villa Valencia assignment in Coral Gables (region Ventures) The EDITION Residences Fort Lauderdale The edition Residences fortress Lauderdale (vicinity Ventures)

In fort Lauderdale, vicinity Ventures is developing two proposed hotel projects that may be branded below Marriott’s edition flag. 

As vicinity Ventures sought zoning approvals for its co-residing tasks, the firm solid enterprise and political relationships with local elected officials that have raised eyebrows. 

moreover giving Miami Mayor Suarez a aspect job, vicinity Ventures is also paying $12,410 a month for an empty space inside a Coral Gables retail constructing owned by way of that city’s mayor, Vince Lago. The firm has additionally donated $19,000 to Lago’s campaign and a political action committee aiding the Coral Gables elected respectable considering 2021, campaign finance statistics exhibit. 

currently, place Ventures donated $50,000 to a political community aiding ex-Miami seashore commissioner Michael Góngora’s run for mayor in that city’s November election, in accordance with a campaign finance record. 

complaints reveal pink flags

in the lawsuit filed in January in Miami-Dade Circuit courtroom, three entities representing four minority traders in the Coconut Grove undertaking sued Kapoor and his Urbin subsidiary. within the nonetheless pending lawsuit, the buyers desire a decide to get rid of Kapoor as manager of the construction entity after they found that he allegedly violated a litany of terms of their working agreement. 

The contract requires that all main choices, akin to borrowing money and generating loans, require at least 70 percent approval of the building entity’s shareholders, the lawsuit states. 

for example, the traders allege that Kapoor, without their consent, licensed Urbin to pay $262,000 in costs to a lender to lengthen the maturity date on a $four million mortgage, and that he additionally took out a 2d mortgage for $16 million. 

In a may also 17 emailed remark, Kapoor noted he could not discuss pending litigation, but he denied any wrongdoing. “We appear forward to resolving the be counted,” he talked about. “although, you'll see the task is moving forward.” 

much more destructive allegations emerged in Brooks’ lawsuit filed in opposition t vicinity Ventures in Miami-Dade Circuit court in can also. The complaint alleges Kapoor paid himself roughly $3 million in unauthorized assignment administration charges between 2021 and final year. He allegedly did so without in the hunt for approval from region Ventures’ board of directors and shareholders who invested in the company’s projects. 

Kapoor also allegedly used dollars from a personal loan tied to the Coconut Grove mission to “facilitate payments that he owed to an extra investor that he had agreed to cash out,” the complaint states. once more, he allegedly made this determination with out in search of approval from the challenge’s traders. 

other allegedly unauthorized charges encompass Kapoor the usage of enterprise and undertaking funds to buy himself a McLaren sports automobile, buy a $5.9 million Cocoplum waterfront home in 2021, and pay $10,000 per 30 days for a private chef to cater events on his yacht, Brooks’ lawsuit states. 

In a court docket response to Brooks’ lawsuit, region Ventures disputed the allegations towards Kapoor. so far as prices he accrued, place Ventures’ governing files don't require Kapoor to gain approval from the board of directors and mission traders, the response states. 

The response additionally denies that Kapoor misused personal loan dollars to repay the unnamed investor, and states that he paid for the McLaren and his apartment along with his personal funds. The deepest chef only offered catering services when the yacht was used to entertain area Ventures’ buyers and business companions, the response states. 

In a may 18 phone interview, area Ventures’ attorney Goodkind noted Brooks, who was terminated from region Ventures, made unfounded allegations to ratchet up the drive on his client. “He changed into grossly improper,” Goodkind stated. “His version of the facts is not correct.” 

buyers bounce ship

in keeping with the three sources common with vicinity Ventures, the unnamed investor in Brooks’ still pending lawsuit is an entity managed through precise property buyers Alex Kleyner and Diana Ulis. 

last year, the married couple paid $11.2 million for a Wynwood industrial constructing, and in 2021 bought two adjacent waterfront houses in Miami seaside’s sunset Island for a mixed $forty four.four million, facts reveal. Kleyner is a accomplice with ny-primarily based investment enterprise ABK Capital, and CEO of countrywide Debt aid, also based mostly in ny. 

The three sources declare Kleyner and Ulis invested $forty five million in area Ventures. earlier than he changed into fired prior this 12 months, Brooks allegedly supplied Kleyner and Ulis with information about Kapoor’s alleged improprieties, the individuals pointed out. The couple bought checking account counsel and economic facts from region Ventures that were reviewed by an accountant Kleyner and Ulis hired, the individuals allege. The accountant’s exam allegedly established Brooks’ information. 

“once they confronted Rishi, he didn’t have an evidence aside from he felt entitled to the prices on account of the work he become putting in,” probably the most sources said. “They offered him two choices. either he would allow them to put into effect new controls, or he would should purchase them out. He selected the latter as opposed to repair anything else.”

place Ventures allegedly entered into an agreement to pay lower back Kleyner and Ulis with month-to-month funds, the sources referred to. They also claimed that as a minimum two other investors, including Clement Zanzuri, important of a Miami-based stone finishing company, are also in quest of buyouts from vicinity Ventures. 

Kleyner, Ulis and Zanzuri didn't respond to requests for remark. 

After the mid-can also Zoom name, Kapoor has no longer replied to follow-up questions from TRD. In his emailed remark on Monday, vicinity Ventures lawyer Goodkind denied the claims made by the three sources. 

“These seem like manipulated and twisted allegations provided through somebody evidently trying to damage Rishi Kapoor, location Ventures and its investors, in a sustained and coordinated media campaign,” Goodkind stated. 


 



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