PMP 2022 NEW PRACTICE EXAM QUESTIONS
AND ANSWERS SOLVED SOLUTION
A Guide to the Project Management Body of Knowledge (PMBOK Guide)
- ANS IS The PMI publication that defines widely accepted project management
practices. The CAPM and the PMP exam are based on this book.
Application areas
- ANS IS "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
- ANS IS "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)
- ANS IS "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
- ANS IS "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
- ANS IS "A product, service, or result created by a project. Projects can have multiple
deliverables."
General management skills
- ANS IS "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
- ANS IS "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
- ANS IS "The ability to interact, lead, motivate, and manage people."
Iron Triangle of Project Management
,- ANS IS "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 the Iron Triangle is not in
balance with the other sides, 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
- ANS IS The physical structure and surroundings that affect a project's work.
Process groups
- ANS IS "A collection of related processes in project management. There are five
process groups and 49 project management processes. The five process groups are
Initiating, Planning, Executing, Monitoring and Controlling, and Closing."
Program
- ANS IS A collection of related projects working in unison toward a common
deliverable.
Progressive elaboration
- ANS IS "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
- ANS IS "A temporary endeavor to create a unique product, service, or result. The end
result of a project is also called a deliverable."
Project benefits management plan
- ANS IS "A documented created and maintained by the project sponsor and the project
manager. The project benefits management plan defines what benefits the project will
create, when the benefits will be realized, and how the benefits will be measured."
Project business case
- ANS IS "Created and maintained by the project sponsor and shows the financial
validity of why a project is chartered and launched within the organization. Typically, the
project business case is created before the launch of the project and may be used as a
go/no-go decision point."
Project environment
- ANS IS "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 (PMI)
- ANS IS "An organization of project management professionals from around the world,
supporting and promoting the careers, values, and concerns of project managers."
,Project life cycle
- ANS IS The phases that make up the project. Project life cycles are unique to the type
of work being performed and are not universal to all projects.
Project management office (PMO)
- ANS IS "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 (PMP)
- ANS IS A person who has proven project management experience and has qualified
for and then passed the PMP examination.
Project portfolio management
- ANS IS "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
- ANS IS "A smaller project managed within a larger, parent project. Subprojects are
often contracted work whose deliverable allows the larger project to progress."
Triple Constraints of Project Management
- ANS IS "Also known as the Iron Triangle. This theory posits that time, cost, and scope
are three constraints that every project has."
Work performance data - ANS IS "Raw data, observations, and measurements about
project components. Work performance data is gathered and stored in the project
management information system."
Work performance information - ANS IS Work performance information is the processed
and analyzed data that will help the project manager make project decisions.
Work performance reports - ANS IS "Work performance reports is the formatted
communication of work performance information. Work performance reports
communicate what's happening in the project through status reports, memos,
dashboards, or other modalities."
Balanced matrix structure - ANS IS "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 - ANS IS "Cultural norms describe the culture and the styles of an
organization. Cultural norms, such as work ethics, hours, view of authority, and shared
values, can affect how the project is managed."
, Enterprise environmental factors - ANS IS "Conditions that affect how the project
manager may manage the project.
Enterprise environmental factors come from within the project - ANS IS such as policy,
or they be external to the organization, such as law or regulation."
Functional structure - ANS IS "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 structure has little to no power and may be
called a project coordinator."
Governance framework - ANS IS "Governance framework describes the rules, policies,
and procedures that people within an organization abide by. Governance framework
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 - ANS IS "An organization that creates a blend of the functional, matrix,
and project- oriented structures."
Multidivisional structure - ANS IS "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 - ANS IS 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 project manager likely has little control over the
project resources and may not be called a project manager.
Organizational process assets - ANS IS "Organizational process assets include
organizational processes, policies, procedures, and items from a corporate knowledge
base. Organizational process assets are grouped into two categories to consider:
processes, policies and procedures, and organizational knowledge bases."
Organizational Knowledge Repositories - ANS IS "Organizational knowledge
repositories are the databases, files, and historical information that you can use to help
better plan and manage your projects. This is an organizational process asset that is
created internally to your organization through the ongoing work of operations and other
projects."
Organizational System - ANS IS "A system can create things by working with multiple
components that the individual components could not create if they worked alone. The
structure of the organization and the governance framework creates constraints that
AND ANSWERS SOLVED SOLUTION
A Guide to the Project Management Body of Knowledge (PMBOK Guide)
- ANS IS The PMI publication that defines widely accepted project management
practices. The CAPM and the PMP exam are based on this book.
Application areas
- ANS IS "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
- ANS IS "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)
- ANS IS "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
- ANS IS "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
- ANS IS "A product, service, or result created by a project. Projects can have multiple
deliverables."
General management skills
- ANS IS "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
- ANS IS "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
- ANS IS "The ability to interact, lead, motivate, and manage people."
Iron Triangle of Project Management
,- ANS IS "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 the Iron Triangle is not in
balance with the other sides, 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
- ANS IS The physical structure and surroundings that affect a project's work.
Process groups
- ANS IS "A collection of related processes in project management. There are five
process groups and 49 project management processes. The five process groups are
Initiating, Planning, Executing, Monitoring and Controlling, and Closing."
Program
- ANS IS A collection of related projects working in unison toward a common
deliverable.
Progressive elaboration
- ANS IS "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
- ANS IS "A temporary endeavor to create a unique product, service, or result. The end
result of a project is also called a deliverable."
Project benefits management plan
- ANS IS "A documented created and maintained by the project sponsor and the project
manager. The project benefits management plan defines what benefits the project will
create, when the benefits will be realized, and how the benefits will be measured."
Project business case
- ANS IS "Created and maintained by the project sponsor and shows the financial
validity of why a project is chartered and launched within the organization. Typically, the
project business case is created before the launch of the project and may be used as a
go/no-go decision point."
Project environment
- ANS IS "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 (PMI)
- ANS IS "An organization of project management professionals from around the world,
supporting and promoting the careers, values, and concerns of project managers."
,Project life cycle
- ANS IS The phases that make up the project. Project life cycles are unique to the type
of work being performed and are not universal to all projects.
Project management office (PMO)
- ANS IS "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 (PMP)
- ANS IS A person who has proven project management experience and has qualified
for and then passed the PMP examination.
Project portfolio management
- ANS IS "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
- ANS IS "A smaller project managed within a larger, parent project. Subprojects are
often contracted work whose deliverable allows the larger project to progress."
Triple Constraints of Project Management
- ANS IS "Also known as the Iron Triangle. This theory posits that time, cost, and scope
are three constraints that every project has."
Work performance data - ANS IS "Raw data, observations, and measurements about
project components. Work performance data is gathered and stored in the project
management information system."
Work performance information - ANS IS Work performance information is the processed
and analyzed data that will help the project manager make project decisions.
Work performance reports - ANS IS "Work performance reports is the formatted
communication of work performance information. Work performance reports
communicate what's happening in the project through status reports, memos,
dashboards, or other modalities."
Balanced matrix structure - ANS IS "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 - ANS IS "Cultural norms describe the culture and the styles of an
organization. Cultural norms, such as work ethics, hours, view of authority, and shared
values, can affect how the project is managed."
, Enterprise environmental factors - ANS IS "Conditions that affect how the project
manager may manage the project.
Enterprise environmental factors come from within the project - ANS IS such as policy,
or they be external to the organization, such as law or regulation."
Functional structure - ANS IS "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 structure has little to no power and may be
called a project coordinator."
Governance framework - ANS IS "Governance framework describes the rules, policies,
and procedures that people within an organization abide by. Governance framework
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 - ANS IS "An organization that creates a blend of the functional, matrix,
and project- oriented structures."
Multidivisional structure - ANS IS "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 - ANS IS 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 project manager likely has little control over the
project resources and may not be called a project manager.
Organizational process assets - ANS IS "Organizational process assets include
organizational processes, policies, procedures, and items from a corporate knowledge
base. Organizational process assets are grouped into two categories to consider:
processes, policies and procedures, and organizational knowledge bases."
Organizational Knowledge Repositories - ANS IS "Organizational knowledge
repositories are the databases, files, and historical information that you can use to help
better plan and manage your projects. This is an organizational process asset that is
created internally to your organization through the ongoing work of operations and other
projects."
Organizational System - ANS IS "A system can create things by working with multiple
components that the individual components could not create if they worked alone. The
structure of the organization and the governance framework creates constraints that
