PMP Exam (Seventh Edition) comprehensive Questions and Answers with
100% Correct Answers | Latest Version Already Graded A+
A Guide to the Project Management Body of Knowledge (PMBOK Guide) - (ANSWER)The PMI publication
that defines widely accepted project management practices. The CAPM and the PMP exam are based on
this book.
Application Areas - (ANSWER)The areas of expertise, industry, or function where a project is centered.
Examples of application areas include architecture, IT, health care, and manufacturing.
Business Value - (ANSWER)A quantifiable return on investment. The return can be tangible, such as
equipment, money, or market share. The return can also be intangible, such as brand recognition,
trademarks, and reputation.
Certified Associate in Project Management (CAPM) - (ANSWER)A person who has slightly less project
management experience than a PMP, but who has qualified for and then passed the CAPM examination.
Cultural and Social Environment - (ANSWER)Defines how a project affects people and how those people
may 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 - (ANSWER)A product, service, or result created by a project. Projects can have multiple
deliverables.
General management skills - (ANSWER)These include the application of accounting, procurement, sales
and marketing, contracting, manufacturing, logistics, strategic planning, human resource management,
standards and regulations, and information technology.
International and political environment - (ANSWER)The consideration of the local and international laws,
languages, communication challenges, time zone differences, and other non-collocated issues that affect
a project's ability to progress.
Interpersonal Skills - (ANSWER)The ability to interact, lead, motivate, and manage people.
,PMP Exam (Seventh Edition) comprehensive Questions and Answers with
100% Correct Answers | Latest Version Already Graded A+
Iron Triangle of Project Management - (ANSWER)A triangle with the characteristics of time, cost, and
scope. Time, cost, and scope each constitute one side of the triangle; if any side of it is not in balance
with the other sides, the project will suffer. This is also known as the Triple Constraints of Project
Management, as all projects are constrained by time, cost, and scope.
Physical Environment - (ANSWER)The physical structure and surroundings that affect a project's work.
Process Groups - (ANSWER)A collection of related processes in project management. There are five of
these groups and 49 project management processes. The five are are Initiating, Planning, Executing,
Monitoring and Controlling, and Closing.
Program - (ANSWER)A collection of related projects working in unison toward a common deliverable.
Progressive Elaboration - (ANSWER)The process of gathering project details. This process uses deductive
reasoning, logic, and a series of information-gathering techniques to identify details about a project,
product, or solution.
Project - (ANSWER)A temporary endeavor undertaken to create a unique product, service, or result. The
end result of a project is also called a deliverable.
Project benefits management plan - (ANSWER)A document created and maintained by the project
sponsor and the project manager. This defines what benefits the project will create, when the benefits
will be realized, and how the benefits will be measured.
Project business case - (ANSWER)Created and maintained by the project sponsor and shows the financial
validity of why a project is chartered and launched within the organization. Typically, this is created
before the launch of the project and may be used as a go/no-go decision point.
Project environment - (ANSWER)The location and culture of the environment where the project work
will reside. This includes the social, economic, and environmental variables the project must work with
or around.
,PMP Exam (Seventh Edition) comprehensive Questions and Answers with
100% Correct Answers | Latest Version Already Graded A+
Project Management Institute (PMI) - (ANSWER)An organization of project management professionals
from around the world, supporting and promoting the careers, values, and concerns of project
managers.
Project Life Cycle - (ANSWER)The phases that make up the project. These are unique to the type of work
being performed and are not universal to all projects.
Project Management Office (PMO) - (ANSWER)A central office that oversees all projects within an
organization or within a functional department. This supports the project manager through software,
training, templates, policies, communication, dispute resolution, and other services.
Project Management Professional (PMP) - (ANSWER)A person who has proven project management
experience and has qualified for and then passed the PMP examination.
Project portfolio management - (ANSWER)The management and selection of projects that support an
organization's vision and mission. It is the balance of project priority, risk, reward, and return on
investment. This is a senior management process.
Subprojects - (ANSWER)A smaller project managed within a larger, parent project. They often contracted
work whose deliverable allows the larger project to progress.
Triple Constraints of Project Management - (ANSWER)Also known as the Iron Triangle. This theory posits
that time, cost, and scope are three constraints that every project has.
Work Performance Data - (ANSWER)Raw data, observations, and measurements about project
components. This is gathered and stored in the project management information system.
Work Performance Information - (ANSWER)This is the processed and analyzed data that will help the
project manager make project decisions.
, PMP Exam (Seventh Edition) comprehensive Questions and Answers with
100% Correct Answers | Latest Version Already Graded A+
Work Performance Reports - (ANSWER)The formatted communication of work performance information.
They communicate what's happening in the project through status reports, memos, dashboards, or
other modalities.
Balanced Matrix Structure - (ANSWER)An organization where organizational resources are pooled into
one project team, but the functional managers and the project managers share the project power.
Cultural Norms - (ANSWER)They describe the culture and the styles of an organization. Examples, such as
work ethics, hours, view of authority, and shared values, can affect how the project is managed.
Enterprise Environmental Factors (EEF) - (ANSWER)Conditions that affect how the project manager may
manage the project. They come from within the project, such as policy, or they be external to the
organization, such as law or regulation.
Functional Structure - (ANSWER)An organization that is divided into functions, and each employee has
one clear functional manager. Each department acts independently of the other departments. A project
manager in this has little to no power and may be called a project coordinator.
Governance framework - (ANSWER)This describes the rules, policies, and procedures that people within
an organization abide by. This not only addresses the organization, but also address portfolios, programs,
and projects. Regarding portfolios, programs, and projects the governance framework addresses
alignment with organizational vision, risk management, performance factors, and communication.
Hybrid Structure - (ANSWER)An organization that creates a blend of the functional, matrix, and project-
oriented structures.
Multidivisional Structure - (ANSWER)Describe organizations that have duplication of efforts within the
organization, but not within each department or division of the organization. Project manager has little
authority in this structure and the functional manager controls the project budget.
Organic or simple - (ANSWER)Describes a loosely organized business or organization. There likely aren't
big formal departments and people work alongside one another regardless of roles and titles. The
100% Correct Answers | Latest Version Already Graded A+
A Guide to the Project Management Body of Knowledge (PMBOK Guide) - (ANSWER)The PMI publication
that defines widely accepted project management practices. The CAPM and the PMP exam are based on
this book.
Application Areas - (ANSWER)The areas of expertise, industry, or function where a project is centered.
Examples of application areas include architecture, IT, health care, and manufacturing.
Business Value - (ANSWER)A quantifiable return on investment. The return can be tangible, such as
equipment, money, or market share. The return can also be intangible, such as brand recognition,
trademarks, and reputation.
Certified Associate in Project Management (CAPM) - (ANSWER)A person who has slightly less project
management experience than a PMP, but who has qualified for and then passed the CAPM examination.
Cultural and Social Environment - (ANSWER)Defines how a project affects people and how those people
may 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 - (ANSWER)A product, service, or result created by a project. Projects can have multiple
deliverables.
General management skills - (ANSWER)These include the application of accounting, procurement, sales
and marketing, contracting, manufacturing, logistics, strategic planning, human resource management,
standards and regulations, and information technology.
International and political environment - (ANSWER)The consideration of the local and international laws,
languages, communication challenges, time zone differences, and other non-collocated issues that affect
a project's ability to progress.
Interpersonal Skills - (ANSWER)The ability to interact, lead, motivate, and manage people.
,PMP Exam (Seventh Edition) comprehensive Questions and Answers with
100% Correct Answers | Latest Version Already Graded A+
Iron Triangle of Project Management - (ANSWER)A triangle with the characteristics of time, cost, and
scope. Time, cost, and scope each constitute one side of the triangle; if any side of it is not in balance
with the other sides, the project will suffer. This is also known as the Triple Constraints of Project
Management, as all projects are constrained by time, cost, and scope.
Physical Environment - (ANSWER)The physical structure and surroundings that affect a project's work.
Process Groups - (ANSWER)A collection of related processes in project management. There are five of
these groups and 49 project management processes. The five are are Initiating, Planning, Executing,
Monitoring and Controlling, and Closing.
Program - (ANSWER)A collection of related projects working in unison toward a common deliverable.
Progressive Elaboration - (ANSWER)The process of gathering project details. This process uses deductive
reasoning, logic, and a series of information-gathering techniques to identify details about a project,
product, or solution.
Project - (ANSWER)A temporary endeavor undertaken to create a unique product, service, or result. The
end result of a project is also called a deliverable.
Project benefits management plan - (ANSWER)A document created and maintained by the project
sponsor and the project manager. This defines what benefits the project will create, when the benefits
will be realized, and how the benefits will be measured.
Project business case - (ANSWER)Created and maintained by the project sponsor and shows the financial
validity of why a project is chartered and launched within the organization. Typically, this is created
before the launch of the project and may be used as a go/no-go decision point.
Project environment - (ANSWER)The location and culture of the environment where the project work
will reside. This includes the social, economic, and environmental variables the project must work with
or around.
,PMP Exam (Seventh Edition) comprehensive Questions and Answers with
100% Correct Answers | Latest Version Already Graded A+
Project Management Institute (PMI) - (ANSWER)An organization of project management professionals
from around the world, supporting and promoting the careers, values, and concerns of project
managers.
Project Life Cycle - (ANSWER)The phases that make up the project. These are unique to the type of work
being performed and are not universal to all projects.
Project Management Office (PMO) - (ANSWER)A central office that oversees all projects within an
organization or within a functional department. This supports the project manager through software,
training, templates, policies, communication, dispute resolution, and other services.
Project Management Professional (PMP) - (ANSWER)A person who has proven project management
experience and has qualified for and then passed the PMP examination.
Project portfolio management - (ANSWER)The management and selection of projects that support an
organization's vision and mission. It is the balance of project priority, risk, reward, and return on
investment. This is a senior management process.
Subprojects - (ANSWER)A smaller project managed within a larger, parent project. They often contracted
work whose deliverable allows the larger project to progress.
Triple Constraints of Project Management - (ANSWER)Also known as the Iron Triangle. This theory posits
that time, cost, and scope are three constraints that every project has.
Work Performance Data - (ANSWER)Raw data, observations, and measurements about project
components. This is gathered and stored in the project management information system.
Work Performance Information - (ANSWER)This is the processed and analyzed data that will help the
project manager make project decisions.
, PMP Exam (Seventh Edition) comprehensive Questions and Answers with
100% Correct Answers | Latest Version Already Graded A+
Work Performance Reports - (ANSWER)The formatted communication of work performance information.
They communicate what's happening in the project through status reports, memos, dashboards, or
other modalities.
Balanced Matrix Structure - (ANSWER)An organization where organizational resources are pooled into
one project team, but the functional managers and the project managers share the project power.
Cultural Norms - (ANSWER)They describe the culture and the styles of an organization. Examples, such as
work ethics, hours, view of authority, and shared values, can affect how the project is managed.
Enterprise Environmental Factors (EEF) - (ANSWER)Conditions that affect how the project manager may
manage the project. They come from within the project, such as policy, or they be external to the
organization, such as law or regulation.
Functional Structure - (ANSWER)An organization that is divided into functions, and each employee has
one clear functional manager. Each department acts independently of the other departments. A project
manager in this has little to no power and may be called a project coordinator.
Governance framework - (ANSWER)This describes the rules, policies, and procedures that people within
an organization abide by. This not only addresses the organization, but also address portfolios, programs,
and projects. Regarding portfolios, programs, and projects the governance framework addresses
alignment with organizational vision, risk management, performance factors, and communication.
Hybrid Structure - (ANSWER)An organization that creates a blend of the functional, matrix, and project-
oriented structures.
Multidivisional Structure - (ANSWER)Describe organizations that have duplication of efforts within the
organization, but not within each department or division of the organization. Project manager has little
authority in this structure and the functional manager controls the project budget.
Organic or simple - (ANSWER)Describes a loosely organized business or organization. There likely aren't
big formal departments and people work alongside one another regardless of roles and titles. The
