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CAPM Exam for PMBOK 7th Edition Questions
What is a project - Correct Answer-A temporary effort with a start and
end date?
Project examples - Correct Answer-Building a bridge, building a new
software
What is a program - Correct Answer-A group of projects that works
towards a common objective?
Explain the relationship between the multiple projects - Correct Answer-
They are interdependent
What are program examples - Correct Answer-Government
infrastructure program, company employee training program
What is a portfolio - Correct Answer-Collection of projects, programs,
and operations that align with strategic objectives?
What is a portfolio used to manage - Correct Answer-Manage and
prioritize projects and programs?
What are examples of a portfolio - Correct Answer-Company product
portfolio, government agency portfolio
Explain the scope between a project, program, and portfolio - Correct
Answer-Project-limited scope
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Program-larger scope
Portfolio: broad scope
What is the advantage of a project - Correct Answer-Agile, response to
change, focused on specific goals
What is the advantage of a program - Correct Answer-Efficient, cost
effective, coordination of multiple projects
What is the advantage of a portfolio - Correct Answer-strategic,
alignment with long term goals
What is the disadvantage of a project - Correct Answer-Risky, potential
for failure
What is the disadvantage of a program - Correct Answer-Complex,
coordination challenges, longer timeline
What is the disadvantage of a portfolio - Correct Answer-Difficulty in
managing and aligning with changing priorities
What are operations - Correct Answer-Ongoing work of an organization
that produces goods or services
What are examples of operations - Correct Answer-Accounting, IT sales
Explain the financial difference between a project and operations -
Correct Answer-Project: Defined budget
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CAPM Exam for PMBOK 7th Edition Questions
What is a project - Correct Answer-A temporary effort with a start and
end date?
Project examples - Correct Answer-Building a bridge, building a new
software
What is a program - Correct Answer-A group of projects that works
towards a common objective?
Explain the relationship between the multiple projects - Correct Answer-
They are interdependent
What are program examples - Correct Answer-Government
infrastructure program, company employee training program
What is a portfolio - Correct Answer-Collection of projects, programs,
and operations that align with strategic objectives?
What is a portfolio used to manage - Correct Answer-Manage and
prioritize projects and programs?
What are examples of a portfolio - Correct Answer-Company product
portfolio, government agency portfolio
Explain the scope between a project, program, and portfolio - Correct
Answer-Project-limited scope
1
, 2
Program-larger scope
Portfolio: broad scope
What is the advantage of a project - Correct Answer-Agile, response to
change, focused on specific goals
What is the advantage of a program - Correct Answer-Efficient, cost
effective, coordination of multiple projects
What is the advantage of a portfolio - Correct Answer-strategic,
alignment with long term goals
What is the disadvantage of a project - Correct Answer-Risky, potential
for failure
What is the disadvantage of a program - Correct Answer-Complex,
coordination challenges, longer timeline
What is the disadvantage of a portfolio - Correct Answer-Difficulty in
managing and aligning with changing priorities
What are operations - Correct Answer-Ongoing work of an organization
that produces goods or services
What are examples of operations - Correct Answer-Accounting, IT sales
Explain the financial difference between a project and operations -
Correct Answer-Project: Defined budget
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