For all aspiring project management professionals (PMPs), it's well known that the PMP exam includes a lot of "trick questions" where you have to be very careful about the wording and cut through the noise in the question to find what the really important answer is. This is meant to simulate project management in the real-world, where day-to-day you have to cut through the noise and make decisions based on what's truly important. There is also lots of terminology, acronyms and references to names of theories and principles that you need to know, and sometimes these terms are not even in the PMBOK itself.
Here's my cheat sheet of tricks, gotcha's and pitfalls collected from the classic "trick questions". These are also good real-world lessons learned!
GENERAL PROJECT MANAGEMENT
PMP PLANNING PHASE: WHAT TO DO, IN ORDER, STEP-BY-STEP
According to the Rita Mulcahy's popular PMP Exam prep, there is a specific order of planning activities that you must learn:
PROJECT CLOSING ("ADMINISTRATIVE CLOSURE")
Executing vs. Monitoring&Controlling