CAPM EXAM PREP

Initiation Process - Correct Answer-Obtain authorization to start a new project or phase on an existing project Planning Process - Correct Answer-Establish the scope of the project, refine the objectives and define the course of action required Executing Process - Correct Answer-Complete the work defined in the project management plan to satisfy the project specifications Monitoring and Controlling Process - Correct Answer-Track, review, and regulate the progress and performance of the project; identify areas which changes to the plan are required Closing Process - Correct Answer-Finalize all activities across all Process Groups to formally close the project or phase Integration Management - Correct Answer-Identify, define, combine, unify, and coordinate the various processes and project management activities Scope Management - Correct Answer-All the work required, and only the work required, to complete the project successfully Time Management - Correct Answer-Manage the timely completion of the project Cost Management - Correct Answer-Planning, estimating, budgeting, financing, funding, managing, and controlling costs so that the project can be completed within the approved budget Quality Management - Correct Answer-Policies and procedures used to implement the organization's quality management system and it supports continuous process improvement activities Human Resource Management - Correct Answer-Organize, manage, and lead the project team; people with assigned roles and responsibilities Communications Management - Correct Answer-Timely and appropriate planning, collection, distribution, storage, retrieval, management, control, monitoring, and the ultimate disposition of project information Risk Management - Correct Answer-Conducting risk management planning, identification, analysis, response planning, and controlling risk on a project Procurement Management - Correct Answer-Purchase or acquire products, services, or results needed from outside the project team Stakeholder Management - Correct Answer-Identify the people, groups, or organizations that could impact or be impacted by the project, analyze stakeholder expectations and their impact on the project, and develop appropriate management strategies for effectively engaging stakeholders in project decisions and execution Develop Project Charter - Correct Answer-Expert judgement Facilitation techniques Develop Project Management Plan - Correct Answer-Expert judgement Facilitation techniques Direct and Manage Project Work - Correct Answer-Expert judgement Project management information system Meetings Monitor and Control Project Work - Correct Answer-Expert judgement Analytical techniques Project management information system Meetings Perform Integrated Change Control - Correct Answer-Expert judgement Meetings Change control tools Close Project or Phase - Correct Answer-Expert judgement Analytical techniques Meetings Plan Scope Management - Correct Answer-Expert judgement Meetings Collect Requirements - Correct Answer-Interviews Focus groups Facilitated workshops Group creativity techniques Group decision-making techniques Questionnaires and surveys Observations Prototypes Benchmarking Context diagrams Document analysis Define Scope - Correct Answer-Expert judgement Product analysis Alternatives generation Facilitated workshops Create WBS - Correct Answer-Decomposition Expert judgement Validate Scope - Correct Answer-Inspection Group decision-making techniques Control Scope - Correct Answer-Variance analysis Plan Schedule Management - Correct Answer-Expert judgement Analytical techniques Meetings Define Activities - Correct Answer-Decomposition Rolling wave planning Expert judgement Sequence Activities - Correct Answer-Precedence diagramming method (PDM) Dependency determination Leads and lags Estimate Activity Resources - Correct Answer-Expert judgement Alternative analysis Published estimating data Bottom-up estimating Project management software Estimate Activity Durations - Correct Answer-Expert judgement Analogous estimating Parametric estimating Three-point estimating Group decision-making techniques Reserve analysis Develop Schedule - Correct Answer-Schedule network analysis Critical path method Resource optimization techniques Modeling techniques Leads and lags Schedule compression Scheduling tool