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C722 Project Management Exam UPDATED QUESTIONS AND CORRECT ANSWERS

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C722 Project Management Exam UPDATED QUESTIONS AND CORRECT ANSWERS EV (Earned Value) Formula - CORRECT ANSWER Total Project Budget x % Completed SPI (Scheduled Performance Index) Formula - CORRECT ANSWER What does SPI measure? - CORRECT ANSWER PV (Planned Value) - CORRECT ANSWER Schedule efficiency EV / PV Value of work planned by a specific date in the project schedule Communication Plan - CORRECT ANSWER Defines how information will be shared CCB (Change Control Board) - CORRECT ANSWER Change Request - CORRECT ANSWER Formal group managing project changes Formal proposal to modify triple constraints WBS (Work Breakdown Structure) - CORRECT ANSWER project scope What does PMP stand for? - CORRECT ANSWER Hierarchical decomposition of Project Management Professional CAPM - CORRECT ANSWER Certified Associate in Project Management AXELOS, Ltd - CORRECT ANSWER Associated with ITIL and PRINCE2 frameworks Organizational Structures - CORRECT ANSWER Functional, Matrix, Projectized

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C722 Project Management Exam
UPDATED QUESTIONS AND CORRECT
ANSWERS
EV (Earned Value) Formula - CORRECT ANSWER Total Project Budget x % Completed



SPI (Scheduled Performance Index) Formula - CORRECT ANSWER EV / PV



What does SPI measure? - CORRECT ANSWER Schedule efficiency



PV (Planned Value) - CORRECT ANSWER Value of work planned by a specific date in the
project schedule



Communication Plan - CORRECT ANSWER Defines how information will be shared



CCB (Change Control Board) - CORRECT ANSWER Formal group managing project changes



Change Request - CORRECT ANSWER Formal proposal to modify triple constraints



WBS (Work Breakdown Structure) - CORRECT ANSWER Hierarchical decomposition of
project scope



What does PMP stand for? - CORRECT ANSWER Project Management Professional



CAPM - CORRECT ANSWER Certified Associate in Project Management



AXELOS, Ltd - CORRECT ANSWER Associated with ITIL and PRINCE2 frameworks



Organizational Structures - CORRECT ANSWER Functional, Matrix, Projectized

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