CAPM Exam

CAPM Exam Acquire Project Team - Process. The process of confirming human resource availability and obtaining the team necessary to complete project assignments. Administer Procurements - Process. The process of managing procurement relationships, monitoring contract performance, and making changes and corrections as needed. Close Procurements - Process. The process of completing each project procurement. Closing Process - Process Group. Those processes performed to finalize all activities across all Project Management Process Groups to formally close the project or phase. Collect Requirements - Process. The process of defining and documenting stakeholders' needs to meet the project objectives. Conduct Procurements - Process. The process of obtaining seller responses, selecting a seller, and awarding a contract. Control Costs - Process. The process of monitoring the status of the project to update the project budget and managing changes to the cost baseline. Control Schedule - Process. The process of monitoring the status of the project to update project progress and managing changes to the schedule baseline. Create WBS - Process. The process of subdividing project deliverables and project work into smaller, more manageable components. Define Activities - Process. The process of identifying the specific actions to be performed to produce the project deliverables. Define Scope - Process. The process of developing a detailed description of the project and product. Determine Budget - Process. The process of aggregating the estimated costs of individual activities or work packages to establish an authorized cost baseline. Develop Human Resource Plan - Process. The process of identifying and documenting project roles, responsibilities, and required skills, reporting relationships, and creating a staffing management plan. Develop Project Charter - 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 - Process. The process of documenting the actions necessary to define, prepare, integrate, and coordinate all subsidiary plans