PMP Exam QUESTION AND ANSWERS GRADE A+ EDITION

How many project management knowledge areas are there in the PMBOK 6th Edition? 10 project management knowledge areas How many project management processes are covered in the PMBOK 6th Edition? 49 project management processes What are the 10 project management knowledge areas? Communications Management Cost Management Integration Management Quality Management Procurement Management Resource Management Risk Management Schedule Management Scope Management Stakeholder Management What are the 5 project management domains? Initiating (8 tasks) Planning (13 tasks) Executing (7 tasks) Monitoring (7 tasks) Closing (7 tasks) What are the 8 tasks involved in initiating a project? 1. Assess the project 2. Key deliverables 3. Stakeholder analysis 4. Risks & constraints 5. Project charter 6. Approval of project charter by sponsor 7. Benefit analysis 8. Inform stakeholders Initiating: Task 1 Perform project assessment based upon available information, lessons learned from previous projects, and meetings with relevant stakeholders in order to support the evaluation of the feasibility of new products or services within the given assumptions and/or constraints. Initiating: Task 2 Identify key deliverables based on the business requirements in order to manage customer expectations and direct the achievement of project goals. Initiating: Task 3 Perform stakeholder analysis using appropriate tools and techniques in order to align expectations and gain support for the project Initiating: Task 4 Identify high level risks, assumptions, and constraints based on the current environment, organizational factors, historical data, and expert judgement, in order to propose an implementation strategy. Initiating: Task 5 Participate in the development of the project charter by compiling and analyzing gathered information in order to ensure project stakeholders are in agreement on its elements. Initiating: Task 6 Obtain project charter approval from the sponsor, in order to formalize the authority assigned to the project manager and gain commitment and acceptance for the project. Initiating: Task 7 Conduct benefit analysis with relevant stakeholders to validate project alignment with organizational strategy and expected business value. Initiating: Task 8 Inform stakeholders of the approved project charter to ensure common understanding of key deliverables, milestones, and their roles and responsibilities. What are the 13 tasks involved in planning a project? 1. Review project & deliverables 2. Sope management plan 3. Cost management plan 4. Project schedule 5. HR management plan 6. Communications management plan 7. Procurement management plan 8. Quality management plan 9. Change management plan 10. Risk management plan 11. Present project management plan to stakeholders 12. Project kick-off meeting 13. Stakeholder management plan Planning: Task 1 Review and assess detailed project requirements, constraints, and assumptions with stakeholders based on the project charter, lessons learned, and by using requirement gathering techniques in order to establish detailed project deliverables. Planning: Task 2 Develop a scope management plan, based on the approved project scope and using scope management techniques, in order to define, maintain, and manage the scope of the project. Planning: Task 3 Develop a cost management plan based on the project scope, schedule, resources, approved project charter and other information, using estimating techniques, in order to manage project costs. Planning: Task 4 Develop the project schedule based on the approved project deliverables and milestones, scope, and resource management plans in order to manage timely completion of the project. Planning: Task 5 Develop the human resource management plan by defining the roles and responsibilities of the project team members in order to create a project organizational structure and provide guidance regarding how resources will be assigned and managed. Planning: Task 6 Develop the communications management plan based on the project organizational structure and stakeholder requirements, in order to define and manage the flow of project information. Planning: Task 7 Develop the procurement management plan based on the project scope, budget, and schedule, in order to ensure that the required project resources will be available. Planning: Task 8 Develop the quality management plan and define the quality standards for the project and its products, based on the project scope, risks, and requirements in order to prevent the occurrence of defects and control the cost of quality. Planning: Task 9 Develop the change management plan by defining how changes will be addressed and controlled in order to track and manage change. Planning: Task 10 Plan for risk management by developing a risk management plan; identifying, analyzing, and prioritizing project risk; creating the risk register; and defining risk response strategies in order to manage uncertainty and opportunity through the project life cycle. Planning: Task 11 CONTINUED.......