PMBOK Guide - CORRECT ANSWER Contains the globally recognized standard and
guide for the project management profession.
Standard - CORRECT ANSWER A
... [Show More] formal document that describes established norms,
methods, processes, and practices. They do not address all details of every topic.
Annex A1 - CORRECT ANSWER The standard for project management and presents
the processes, inputs, and outputs that are considered to be good practice on most
projects most of the time. It is a guide rather than a specific methodology.
Generally Recognized - CORRECT ANSWER The knowledge and practices described
are applicable to most projects most of the time, and there is a consensus about their
value and usefulness.
Good Practice - CORRECT ANSWER Means there is a general agreement that the
application of the knowledge, skills, tools, and techniques can enhance the changes of
success over many projects. It does not mean that the knowledge described should
always be applied uniformly to all projects; the organization and/or PM team is
responsible for determining what is appropriate for any given project.
PMI Lexicon of Project Management Terms - CORRECT ANSWER Provides the
foundational professional vocabulary that can be consistently used by project, program,
and portfolio managers and other stakeholders.
Project Management Institute Code of Ethics and Professional Conduct - CORRECT
ANSWER Guides practitioners of the profession and describes the expectations that
practitioners should hold for themselves and others. It is specific about the basic
obligation of responsibility, respect, fairness, and honesty. It requires that practitioners
demonstrate a commitment to ethical and professional conduct. It carries the obligation
to comply with laws, regulations, and organizational and professional policies. When
interacting with any stakeholder, practitioners should be committed to honest,
responsible, and fair practices and respectful dealings.
Project - CORRECT ANSWER A temporary endeavor undertaken to create a unique
product, service, or result. It has a definite beginning and end.
What does every project create? - CORRECT ANSWER Product- A component of
another item, an enhancement of an item, or an end item in itself
Service- A capability to perform a service
Result- An outcome or document
Improvement- Improvement in the existing product or service lines [Show Less]