Capm exam Study guides, Class notes & Summaries

PMBOK 6 CAPM EXAM 2024 SOLUTIONS A project is said to be temporary because: A. it has a short duration B. it has a definite beginning and end C. it has the potential to be a continuous and ongoing effort D. its project team outlives it. - correct answer B. it has a definite beginning and end Which of the following is NOT a characteristic of a project? A. Constrained by limited resources B. Creates unique product or services C. Ongoing and repetitive D. Planned, executed, and cont...

CAPM Practice Exam| 150 Questions with Correct Answers. 1. The process of establishing clear and achievable objectives, measuring their achievement, and adjusting performance in accordance with the results of the measurement is called: ️ Management by Objectives 2. During the full life cycle of the project, a plot of the project's expected expenditures will usually follow a characteristic S curve. This indicates that: ️ The bulk of the project budget will be spent in the execution ph...

CAPM Exam Prep, PMI Questions, PMBOK 6th Edition - CAPM Prep, CAPM Exam Prep 2024 360-degree appraisal -Answer-A performance review completed by a person's peers, manager, and subordinates. It's called a 360-degree appraisal as it's a circle of reviews by people at different levels of an organization. Acceptance -Answer-This is a response to a risk event, generally made when the probability of the event and/or impact are small. It is used when mitigation, transference, or avoidance are...

CAPM Exam Knowledge Check with complete Solutions. Cost Variance formula ️ Earned Value (EV) - Actual Cost (AC) What are the 6 constraints? ️ Scope, Risk, Resources, Quality, Schedule, Budget Initiating (Process Group) ️ Processes performed to define a new PROJECT or a new PHASE of an existing project Planning (Process Group) ️ Processes performed to establish total scope of effort, define and refine objectives, and develop a course of action to attain the objectives Executing ...

A Guide to the Project Management Body of Knowledge (PMBOK) - Answer- A PMI publication that defines widely accepted project management practices. The CAPM and PMP exam are based on this book. Application areas - Answer- The areas of expertise, industry, or function where a project is centered. Examples of application areas include architecture, IT, healthcare, or manufacturing. Certified Associate in Project Management (CAPM) - Answer- A person who has slightly less project management exp...

CAPM Exam Study guide with complete solutions. Project Management ️ The application of knowledge, skills, tools, and techniques to project activities to meet project requirements a systemized, phased approach to defining, organizing, planning, monitoring, and controlling projects The five Project Management Process Groups are: ️ "Initiating, Planning, Executing, Monitoring and Controlling, and Closing" Process Groups ️ 1. Initiating 2. Planning 3. Executing 4. Monitoring and C...

CAPM Certification Exam Prep with Verified Solutions. business value ️ the entire value of a business; the total sum of all tangible and intangible elemtns colocation ️ project team members are physically located close to one another in order to improve communication, working relations, and productivity. constraint ️ restriction or limitation that may force a certain course of action or inaction Enterprise Environmental Factors ️ external or internal factors that can influence ...

CAPM Exam Prep Questions with Approved Answers. Initiation Process ️ Obtain authorization to start a new project or phase on an existing project Planning Process ️ Establish the scope of the project, refine the objectives and define the course of action required Executing Process ️ Complete the work defined in the project management plan to satisfy the project specifications Monitoring and Controlling Process ️ Track, review, and regulate the progress and performance of the proj...

PMI Capm Exam with Complete Solutions

CAPM Exam Flashcards question and answers already passed 2024 Project Life Cycle - correct answer A series of phases that a project passes through from start to completion; a framework for managing the project. Can be predictive or adaptive with phases that may be sequential, iterative, or overlapping. Project Phase - correct answer A collection of logically related project activities that produce one or more deliverable. Can be described by a variety of attributes that may be measur...