CAPM Exam Ch 1|20 Questions with Verified Answers
Guide to project management body of knowledge PMBOK - CORRECT ANSWER The PMI publication that defines
... [Show More] widely accepted project management practices. The CAPM and the PMP are based on the book
Application areas - CORRECT ANSWER the areas of expertise, industry, or function where a project is centered.
CAPM - CORRECT ANSWER A person who has slightly less project management experience than a PMP.
Cultural and social environment - CORRECT ANSWER Defines how a project affects people and how those people affect the project. Cultural and social environments include the economic, educational, ethical, religious, demographic and ethnic composition of the people affected by the project
Deliverable - CORRECT ANSWER A product, service or result created by a project. Projects can have multiple deliverables.
General management skills - CORRECT ANSWER These include the application of accounting, procurement, sales and marketing, contracting, manufacturing, logistics, strategic planning, HR management, standards and regulations, and IT
International and political environment - CORRECT ANSWER The consideration of the local and international laws, languages, communication challenges, time zone difference, and other non-collocated issues that affect a projects ability to progress
Interpersonal skills - CORRECT ANSWER The ability to interact, lead, motivate, and manage people.
Iron triangle of project management - CORRECT ANSWER A triangle with the characteristics of time, cost and scope. Each of these constitutes one side of the triangle. If any side is not in balance, the project will suffer. The iron triangle of project management is also known as the triple constraints of project management, as all projects are constrained by time, cost and scope.
Physical environment - CORRECT ANSWER The physical structure and surroundings that affect a projects work
Program - CORRECT ANSWER A collection of related projects working in unison toward a common deliverable.
Progressive elaboraiton - CORRECT ANSWER The process of gathering project details. The process uses deductive reasoning, logic and a series of information-gathering techniques to identify details about a project, product or solution.
Project - CORRECT ANSWER A temporary endeavor to create a unique product, service, or result. The end result is called a deliverable.
Project environment - CORRECT ANSWER The location and culture of the environment where the project work will reside. The project environment includes the social, economic and environmental variables the project must work with or around.
Project management institute - CORRECT ANSWER An organization of project management professionals from around the world, supporting and promoting the careers, values, and concerns of project managers.
Project management office - CORRECT ANSWER A central office that oversees all projects within an organization or within a functional department. A PMO supports the project manager through software training, templates, policies, communication, dispute resolution, and other services.
Project management professional - CORRECT ANSWER A person who has project management experience and has qualified for and passed the PMP exam.
Project portfolio management - CORRECT ANSWER The management and selection of projects that support an organizations vision and mission. It is the balance of project priority, risk, reward, and ROI. This is a senior management process.
Subprojects - CORRECT ANSWER A smaller project managed within a larger, parent project. Subprojects are often contracted work whose deliverables allows a larger project to progress.
Triple constraints of project management - CORRECT ANSWER Also known as the Iron triangle. Time, cost and scope. [Show Less]