PMP certification exam study guide with complete solution 2023

PMP certification exam study guide with complete solution 2023A Guide to the Project Management Body of Knowledge (PMBOK) - correct answer A PMI publication that defines widely accepted project management practices. The CAPM and PMP exam are based on this book. Application areas - correct 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) - correct answer A person who has slightly less project management experience than a PMP, but who has qualified for and then passed the CAPM examination. Cultural and social environment - correct answer Defines how a project affects people and how those people may affect the project. Cultural and social environments 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 deliverables. 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. International and political environment - correct answer The consideration of the local and international laws, languages, communication challenges, time zone differences, and other non-collocated issues that affect a project's ability to progress. Interpersonal skills - correct answer The ability to interact, lead, motivate, and manage people. Iron Triangle of Project Management - correct answer A triangle with the characteristics of time, cost, and scope. Time, cost, and scope each constitute one side of the triangle; if any side of the Iron Triangle is not in balance with the other sides, the project will suffer. The Iron Triangle of Project Management is also known as the Triple Constraints of Project Management, as all projects are constrained by time, cost, and scope. Physical environment - correct answer The physical structure and surroundings that affect a project's work. Program - correct answer A collection of related projects working in unison toward a common deliverable. Progressive elaboration - correct answer The process of gathering project details in steady, uniform steps. This process uses deductive reasoning, logic, and a series of information-gathering techniques to identify details about a project, product, or solution. Project - correct answer A short-term endeavor to create a unique product, service, or result. The end result of a project is also called a deliverable. Project environment - correct answer The location and culture of the environment where the project work will reside. The project environment includes the social, economic, and environmental variables the project must work with or around. Project Management Institute (PMI) - correct answer An organization of project management professionals from around the world, supporting and promoting the careers, values, and concerns of project managers. Project management office (PMO) - correct answer A central office that oversees all projects within an organization or within a functional department. A PMO supports the project management through software, training, templates, policies, communication, dispute resolution, and other services. Project Management Professional (PMP) - correct answer A person who has proven project management experience and has qualified for and then passed the PMP certification examination.