Project Management Fundamentals Terms (CAPM - 6th Edition)2023 verified

Project Management Fundamentals Terms (CAPM - 6th Edition)2023 verified A Guide to the Project Management Body of Knowledge (PMBOK) - correct answer The PMI publication that defines widely accepted project management practices. The CAPM and the PMP exams are based on this book. Application Areas - correct answer The areas of expertise, industry, or function where a project is centered. Examples of ________________ include architecture, IT, healthcare, and manufacturing. Business Value - correct answer 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) - correct answer A person who has slightly less project management experience than a PMP, but who has qualified for and ten passed the ___________ examination. Cultural and Social Environment - correct answer Defines how a project affects people and how those people may affect the project. ______________ and _____________ include the economic, educational. ethical, religious, demographic, and ethnic composition of the people affected by the project. Deliverable - correct answer A product, service, or result created by a project. Projects can have multiple ___________________. General Management Skills - correct answer These include the application of accounting, procurement, sales and marketing, contracting, manufacturing, logistics, strategic planning, human resource management, standards and regulations, and information technology