CAPM PMI/CAPM Exam / Study Guide Package deal (Full pack solution Graded A)

Acquire Project Team - ANSWER <Process>. The process of confirming human resource availability and obtaining the team necessary to complete project assignments. Administer Procurements - ANSWER <Process>. The process of managing procurement relationships, monitoring contract performan...

Cost Variance formula - ANSWER Earned Value (EV) - Actual Cost (AC) What are the 6 constraints? - ANSWER Scope, Risk, Resources, Quality, Schedule, Budget Initiating (Process Group) - ANSWER Processes performed to define a new PROJECT or a new PHASE of an existing project Planning (Process ...

Project Life Cycle - ANSWER A series of phases that a project passes through from start to completion; a framework for managing the project. Can be predictive or adaptive with phases that may be sequential, iterative, or overlapping. Project Phase - ANSWER A collection of logically related pr...

Number of Communication Channels - ANSWER n(n-1)/2 Schedule Performance Index - ANSWER SPI = EV/PV Cost Performance Index - ANSWER CPI = EV/AC Schedule Variance - ANSWER SV = EV-PV Cost Variance - ANSWER CV = EV - AC Estimate at Completion if original was flawed - ANSWER EAC = AC + Ne...

what describes the approved version of the time-phased project budget, excluding any management reserves, which can be changed only though formal change control procedures and is used as a basis for comparison to actual results? - ANSWER Cost Baseline The following are all key competencies of a p...