CAPM Exam study guide 45 Questions with Verified Answers,100% CORRECT

CAPM Exam study guide 45 Questions with Verified Answers Acquire Project Team - CORRECT ANSWER <Process>. The process of confirming human resource availability and obtaining the team necessary to complete project assignments. Administer Procurements - CORRECT ANSWER <Process>. The process of managing procurement relationships, monitoring contract performance, and making changes and corrections as needed. Close Procurements - CORRECT ANSWER <Process>. The process of completing each project procurement. Closing Process - CORRECT ANSWER <Process Group>. Those processes performed to finalize all activities across all Project Management Process Groups to formally close the project or phase. Collect Requirements - CORRECT ANSWER <Process>. The process of defining and documenting stakeholders' needs to meet the project objectives. Conduct Procurements - CORRECT ANSWER <Process>. The process of obtaining seller responses, selecting a seller, and awarding a contract. Control Costs - CORRECT ANSWER <Process>. The process of monitoring the status of the project to update the project budget and managing changes to the cost baseline. Control Schedule - CORRECT ANSWER <Process>. The process of monitoring the status of the project to update project progress and managing changes to the schedule baseline. Create WBS - CORRECT ANSWER <Process>. The process of subdividing project deliverables and project work into smaller, more manageable components. Define Activities - CORRECT ANSWER <Process>. The process of identifying the specific actions to be performed to produce the project deliverables. Define Scope - CORRECT ANSWER <Process>. The process of developing a detailed description of the project and product. Determine Budget - CORRECT ANSWER <Process>. The process of aggregating the estimated costs of individual activities or work packages to establish an authorized cost baseline. Develop Human Resource Plan - CORRECT ANSWER <Process>. The process of identifying and documenting project roles, responsibilities, and required skills, reporting relationships, and creating a staffing management plan. Develop Project Charter - CORRECT ANSWER <Process>. The process of developing a document that formally authorizes a project or a phase and documenting initial requirements that satisfy the stakeholder's needs and expectations. Develop Project Management Plan - CORRECT ANSWER <Process>. The process of documenting the actions necessary to define, prepare, integrate, and coordinate all subsidiary plans. Develop Project Team - CORRECT ANSWER <Process>. The process of improving the competencies, team interaction, and the overall team environment to enhance project performance. Develop Schedule - CORRECT ANSWER <Process>. The process of analyzing activity sequences, durations, resource requirements, and schedule constraints to create the project schedule. Direct and Manage Project Execution - CORRECT ANSWER <Process>. The process of performing the work defined in the project management plan to achieve the project's objectives. Distribute Information - CORRECT ANSWER <Process>. The process of making relevant information available to project stakeholders as planned. Estimate Activity Durations - CORRECT ANSWER <Process>. The process of approximating the number of work periods needed to complete individual activities with estimated resources. Estimate Activity Resources - CORRECT ANSWER <Process>. The process of estimating the type and quantities of material, people, equipment or supplies required to perform each activity. Estimate Costs - CORRECT ANSWER <Process>. The process of developing an approximation of the monetary resources needed to complete project activities. Executing Processes - CORRECT ANSWER <Process Group>. Those processes performed to complete the work defined in the project management plan to satisfy the project objectives. Identify Risks - CORRECT ANSWER <Process>. The process of determing which risks may affest the project and documenting their characteristics. Identify Stakeholders - CORRECT ANSWER <Process>. The process of identifying all people or organizations impacted by the project, and documenting relevant information regarding their interests, involvement, and impact on project success. Initiating Processes - CORRECT ANSWER <Process Group>. Those processes performed to define a new project or a new phase of an existing project by obtaining authorization to start the project or phase. Manage Project Team - CORRECT ANSWER <Process>. The process of tracking team member performance, providing feedback, resolving issues, and managing changes to optimize project performance. Manage Stakeholder Expectations - CORRECT ANSWER <Process>. The process of communicating and working with stakeholders to meet their needs and addressing issues as they occur. Monitor and Control Project Work - CORRECT ANSWER <Process>. The process of tracking, reviewing, and regulating the progress to meet the performance objectives defined in the project management plan. Monitor and Control Risks - CORRECT ANSWER <Process>. The process of implementing risk response plans, tracking identified risks, monitoring residual risks, indentifying new risks and evaluating risk process throughout the project. Monitoring and Controlling Processes - CORRECT ANSWER <Process Group>. Those processes required to track, review, and regulate the progress and performance of the project, identify any areas in which changes to the plan are required, and initiate the corresponding changes. Perform Integrated Change Control - CORRECT ANSWER <Process>. The process of reviewing all change requests, approving changes, and making changes to the deliverables, organizational process assets, project documents, and project management plan. Perform Qualitative Risk Analysis - CORRECT ANSWER <Process>. The process of prioritizing risks for further analysis or action by assessing and combining their probability of occurance and impact. Perform Quality Assurance - CORRECT ANSWER <Process>. The process of auditing the quality requirements and the results from quality control measurements to ensure appropriate quality standards and operational definitions are used. Perform Quality Control - CORRECT ANSWER <Process>. The process of monitoring and recording results of executing the quality activities to assess performance and recommend necessary changes. Perform Quantitative Risk Analysis - CORRECT ANSWER <Process>. The process of numerically analyzing the effect of identified risks on overall project objectives. Plan Communications - CORRECT ANSWER <Process>. The process of determining project stakeholder information needs and defining a communication approach. Plan Procurements - CORRECT ANSWER <Process>. The process of documenting project purchasing decisions, specifying the approach, and identifying potential sellers. Plan Quality - CORRECT ANSWER <Process>. The process of identifying quality requirements and/or standards for the project and product, and documenting how the project will demonstrate compliance. Plan Risk Management - CORRECT ANSWER <Process>. The process of defining how to conduct risk management activities for a project. Plan Risk Responses - CORRECT ANSWER <Process>. The process of developing options and actions to enhance opportunities and to reduce threats to project objectives. Planing Processes - CORRECT ANSWER <Process Group>. Those processes performed to establish the total scope of the effort, define and refine the objectives, and develop the course of action required to attain those objectives. Report Perfromance - CORRECT ANSWER <Process>. The process of collecting and distributing performance information, including status reports, progress measurements, and forecasts. Sequence Activities - CORRECT ANSWER <Process>. The process of identifying and documenting relationships among the project activities. Verify Scope - CORRECT ANSWER <Process>. The process of formalizing acceptance of the completed project deliverables.