CAPM-EXAM TERMS Questions
Project - Correct Answer-is a temporary endeavor undertaken to create
a unique product, service or result. Definite beginning and an end.
Project Management - Correct Answer-is the application of knowledge,
skills, tools and techniques to project activities to meet the project
requirements.
operations - Correct Answer-Ongoing, repetitive, for sustaining business.
Responsible for overseeing, directing and controlling business
operations
Operational Stakeholders - Correct Answer-Should be engaged and their
needs identified.
Project Management Office - Correct Answer-is a management structure
that standardizes the project-related governance processes and
facilitates the sharing of resources, methodologies, tools and
techniques.
Supportive - Correct Answer-Consultative role, supply templates, best
practices, and training, access to info. Serve as a respiratory, LOW
control
Controlling - Correct Answer-Provide support and require compliance,
MODERATE control
Directive - Correct Answer-directly manage project. HIGH control
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Business Value - Correct Answer-Entire value of the business, could be
tangible or intangible.
Project Based Organization - Correct Answer-Refers to the various
organizational forms that create temporary system for carrying out their
work.
organizational Process assets - Correct Answer-are the plans, process,
procedures, and the knowledge bases specific to and used by the
performing organization
Enterprise Environmental Factors - Correct Answer-refers to the
conditions, not under the control of the project team, that influence,
constraint, or direct the project.
Project Governance - Correct Answer-an oversight function, t
Progressive Elaboration
Progressive detailing,
iterative plan
Rolling wave planning - Correct Answer-Planning and documentations
are iterative and ongoing activities
initiating - Correct Answer-Those processes performed to define a new
project or a new phase of an existing project by obtaining authorization
to start the project or phase
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