CAPM/PMP All in One Exam Guide Chapter 1 Exam Question and Answer 2023

A Guide to the Project Management Body of Knowledge (PMBOK) - The PMI publication that defines widely accepted project management practices. The CAPM and the PMP exam are based on this book. Application areas - The areas of expertise, industry, of function where a project is centered. Examples of these include architecture, IT, health care, and manufacturing. Certified Associate in Project Management (CAPM) - A person who has slightly less project management experience than a PMP, but who has qualified for and then passed an examination. Cultural and social environment - Defines how a project affects people and how those people may affect the project. They include the economic, educational, ethical, religious, demographic, and ethnic composition of the people affected by the project. Deliverable - A product, service, or result created by a project. Projects can have multiple of these. General management skills - 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 - 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 - The ability to interact, lead, motivate, and manage people. Iron Triangle of Project Management - A triangle with the characteristics of time, cost, and scope. Time, cost and scope each constitute one side of the triangle; if any side 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.