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PMP Certification exam guide with 100% correct answers

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Change Control Board - correct answer️️Group whose function is to review, approve or reject changes on the project as they relate to the various areas of the represented bussiness Change Control System - correct answer️️Used to asses the impact and consequnces of requested changes on the project Contraints - correct answer️️Factors that limits project options such as the number of people available, amount of time or money available to finish the job or other resources or assest issues 1. Close out any contracts w/ outside vendors 2. Deliver any required reports assoc. w/ closure (Opa updates) 3. Complete any Close Project of Phase activites 4. Performed Lessons Learned 5. Complete Archives of any project Files (OPA updates) 6. Release resources for other projects - correct answer️️General Closing Order of itmes for a project (6) Opportunity that allows the team to learn from past experience and improve on the project as the complete it. LL can come along before the end on the project . If they come at the end administrative procedures come into play - correct answer️️What are Lessons Learned? 1. To develop a consistent process to evaluate changes 2. To create an environment in which you can review and approve appropiate changes to modify the project for the better. 3. To set communication standards so the project team can communicate those changes to the appropiate stakeholders - correct answer️️3 main goals of a configuration mgmt system Project Managment Plan - correct answer️️A cumulative document that contains all the documents used in the project mgmt apporach on the project. It describes the steps associated w/ executing, monitoring and controlling and closing Product Verification Lesson Learned Updating records - Project files, contract files Reporting Archiving Formal Acceptance - correct answer️️Closing a Project Includes the Following (3) When you perform project mgmt part of the concept of planning is to deal with items unkown, here you must make assumptions for scheduling and budgeting. In most cases as the project evolves you learn more about it - correct answer️️Know Assumptions as they relate to a Project PMIS - correct answer️️Used for communication and information distribution on the project not necessarily a high tech system but whatever is used for project communication on the project. Normally a mixture of technology and non-technology. Project Scope is built - correct answer️️What is the result of Executing? Project Charter and Stakholders are Identified - correct answer️️What is the result of Initiating? Corrective Action - correct answer️️What is the result of Monitoring and Controlling? results in the product, service or result transition of the project - correct answer️️What is the result of Closing? Characteristics of the PMO (3) A centralized area for all 1.PM personnel to and be assigned. 2. for documentation a process support 3. For Project mgmt support and auditing of projects. - correct answer️️Characteristics of the PMO (3) Mgmt by Projects - correct answer️️Performing day to day operations by a project Mgmt approach... Project Initiation - correct answer️️The process that result in the authorization of a project.. Planning Process - correct answer️️The process required to develop the activites to attain objective.. Project Mgmt - correct answer️️Emcompasses project of similar work or correlated activites managed in a coordinated way to attain benefits that could not achieved separately Project Life Cycle - correct answer️️Process of completing work on the Project. It is not the management of the work, but rather the work process. Can be describe what work is done (and who does the work ) in each phase of the project, what the deliverables are, and the approval for each phase Sub Project - correct answer️️A smaller piece of the project as a result of decomposition; is usually created as a result of creating the work breakdown structure Characterisitics of Project(5) - correct answer️️Has a specific purpose Creates specific results Has a start a nd finish Temporary Could be progressively elaborated as more is learn Product Life Cycle - correct answer️️Involves the product or service from concept to divestment (closure) This cycle typically begins with a business plan end with a product or service Project Mgmt Life Cycle in 5 process group - correct answer️️Initating Planning Executing Monitoring and Controlling Closing Projects (or project selection) are typically authorized as result of the following - correct answer️️Market Demand Strategic Opportunity Customer Request Technological Advance Legal requirements Program Management - correct answer️️A group of related projects managed in a coordinated way to obtain benefits and control not availble from managing the individually Strategic Planning - correct answer️️Practice by which a comp

Content preview

STUDYSAGE



PMP Certification exam
guide with 100% correct
answers
Change Control Board - correct answer✔️✔️Group whose function is to
review, approve or reject changes on the project as they relate to the various
areas of the represented bussiness


Change Control System - correct answer✔️✔️Used to asses the impact and
consequnces of requested changes on the project


Contraints - correct answer✔️✔️Factors that limits project options such as the
number of people available, amount of time or money available to finish the job
or other resources or assest issues


1. Close out any contracts w/ outside vendors
2. Deliver any required reports assoc. w/ closure (Opa updates)
3. Complete any Close Project of Phase activites
4. Performed Lessons Learned
5. Complete Archives of any project Files (OPA updates)
6. Release resources for other projects - correct answer✔️✔️General Closing
Order of itmes for a project (6)


Opportunity that allows the team to learn from past experience and improve on
the project as the complete it. LL can come along before the end on the project .
If they come at the end administrative procedures come into play - correct
answer✔️✔️What are Lessons Learned?


1. To develop a consistent process to evaluate changes
2. To create an environment in which you can review and approve appropiate
changes to modify the project for the better.


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,STUDYSAGE


3. To set communication standards so the project team can communicate those
changes to the appropiate stakeholders - correct answer✔️✔️3 main goals of a
configuration mgmt system


Project Managment Plan - correct answer✔️✔️A cumulative document that
contains all the documents used in the project mgmt apporach on the project. It
describes the steps associated w/ executing, monitoring and controlling and
closing


Product Verification Lesson Learned
Updating records - Project files, contract files
Reporting Archiving Formal Acceptance - correct answer✔️✔️Closing a
Project Includes the Following (3)


When you perform project mgmt part of the concept of planning is to deal with
items unkown, here you must make assumptions for scheduling and budgeting.
In most cases as the project evolves you learn more about it - correct
answer✔️✔️Know Assumptions as they relate to a Project


PMIS - correct answer✔️✔️Used for communication and information
distribution on the project not necessarily a high tech system but whatever is
used for project communication on the project. Normally a mixture of
technology and non-technology.


Project Scope is built - correct answer✔️✔️What is the result of Executing?


Project Charter and Stakholders are Identified - correct answer✔️✔️What is the
result of Initiating?


Corrective Action - correct answer✔️✔️What is the result of Monitoring and
Controlling?


results in the product, service or result transition of the project - correct
answer✔️✔️What is the result of Closing?
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,STUDYSAGE




Characteristics of the PMO (3)
A centralized area for all 1.PM personnel to and be assigned. 2. for
documentation a process support 3. For Project mgmt support and auditing of
projects. - correct answer✔️✔️Characteristics of the PMO (3)


Mgmt by Projects - correct answer✔️✔️Performing day to day operations by a
project Mgmt approach...


Project Initiation - correct answer✔️✔️The process that result in the
authorization of a project..


Planning Process - correct answer✔️✔️The process required to develop the
activites to attain objective..


Project Mgmt - correct answer✔️✔E ️ mcompasses project of similar work or
correlated activites managed in a coordinated way to attain benefits that could
not achieved separately


Project Life Cycle - correct answer✔️✔️Process of completing work on the
Project. It is not the management of the work, but rather the work process. Can
be describe what work is done (and who does the work ) in each phase of the
project, what the deliverables are, and the approval for each phase


Sub Project - correct answer✔️✔️A smaller piece of the project as a result of
decomposition; is usually created as a result of creating the work breakdown
structure


Characterisitics of Project(5) - correct answer✔️✔️Has a specific purpose
Creates specific results
Has a start a nd finish Temporary
Could be progressively elaborated as more is learn



3|Page

, STUDYSAGE


Product Life Cycle - correct answer✔️✔I️ nvolves the product or service from
concept to divestment (closure) This cycle typically begins with a business plan
end with a product or service


Project Mgmt Life Cycle in 5 process group - correct answer✔️✔️Initating
Planning Executing Monitoring and Controlling
Closing


Projects (or project selection) are typically authorized as result of the following
- correct answer✔️✔️Market Demand Strategic Opportunity Customer Request
Technological Advance Legal requirements


Program Management - correct answer✔️✔️A group of related projects
managed in a coordinated way to obtain benefits and control not availble from
managing the individually


Strategic Planning - correct answer✔️✔️Practice by which a company looks
into the furture for products or services it must have, typically 3 to 5 years in the
future. Projects are the tools that company will use to implement the strategic
goals


Scope time cost - correct answer✔️✔️What is the triple contraints?


Quality gurus HR gurus Comm Channels Fromula
Expected Monetary Value Formula
Four Core Earned Value Formula
Standard Deviation Values Triangular pert formulas - correct answer✔️✔️10
things remember for a brain dump


Process groups /Knowledge areas are number by - correct answer✔️✔️2 - 20 -
8 - 10 - 2



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