CAPM Exam questions with correct answers

Cost Variance formula Correct Answer-Earned Value (EV) - Actual Cost (AC) What are the 6 constraints? Correct Answer-Scope, Risk, Resources, Quality, Schedule, Budget Initiating (Process Group) Correct Answer-Processes performed to define a new PROJECT or a new PHASE of an existing project Planning (Process Group) Correct Answer-Processes performed to establish total scope of effort, define and refine objectives, and develop a course of action to attain the objectives Executing (Process Group) Correct Answer-Processes performed to complete the work defined in the project management plan to satisfy objectives Monitoring & Controlling (Process Group) Correct Answer-Processes to track, review, and orchestrate progress and performance of a project How many processes are in EXECUTING? Correct Answer-8 How many processes are in PLANNING? Correct Answer-24 How many processes are in INITIATING? Correct Answer-2 How many processes are in CLOSING? Correct Answer-2