CAPM Exam questions and answers
Project Life Cycle - 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 - 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 measurable and unique
to a specific phase.
Project Phase Examples - ANSWER>>Concept Development
Feasibility Study
Customer Requirements
Solution Development
Design
Prototype
Build
Test
Transition
Commission
Phase Gate - ANSWER>>A review at the end of a phase in which a decision is
made to continue, modify, or end a phase or project.
The project's performance and progress are compared to the project and
business documents. (1.2.4.3)
,Phase Gate Examples - ANSWER>>Phase Reviews
Stage Gates
Kill Points
Phase Exists
Project Management Processes - ANSWER>>A systematic series of activities
directed toward causing an end result where one or more inputs will be acted
upon to create one or more outputs.
An output can be a deliverable or another type of outcome
Project Management Processes - ANSWER>>Processes are linked by the outputs
they produce and may contain overlapping activities that occur throughout the
project.
The output of one process generally results in an input to another process or a
deliverable of the project or phase. (1.2.4.4)
Process Groups - ANSWER>>A logical grouping of project management
processes to achieve specific project objectives.
Independent of process phases as well as the application area or industry focus
5 Process Groups - ANSWER>>Initiating, Planning, Executing, Monitoring &
Controlling, Closing
Knowledge Areas - ANSWER>>An identified area of project management
defined by its knowledge requirements and described in terms of its component
processes, practices, inputs, outputs, tools, and techniques.
Project Management Processes are categorized by these, which are interrelated
and interdependent.
,10 Knowledge Areas - ANSWER>>project integration, scope, time, cost, quality,
human resource, communications, risk, procurement, and stakeholder
management
Project Integration Management - ANSWER>>Includes the processes and
activities needed to identify, define, combine, unify, and coordinate the various
processes and project management activities within the Project Management
Process Groups.
Project Schedule Management - ANSWER>>Includes the processes required to
manage the timely completion of the project. provides the steps for developing
a schedule for a project and controlling that schedule to complete the work.
Important tool for communicating and managing stakeholder expectations,
team or individual assignments, and as a basis for performance reporting.
Project Quality Management - ANSWER>>Includes the processes and activities
of the performing organization that determine quality policies, objectives, and
responsibilities so that the project will satisfy the needs for which it was
undertaken Compare work results to the quality requirements to ensure end
result are acceptable. Ensure quality is measured using the right standards.
Entails:
- Plan Quality Management
- Manage Quality
- Control Quality
Trends:
1. Customer Satisfaction
2. Use of automated tools (PDCA, TQM, Six Sigma, Lean)
3. Management Responsibility
4. Mutually Beneficial Partnerships with Suppliers
Tailoring:
, 1. Policy Compliance and Auditing
2. Standards and Regulatory Compliance
3. Continuous Improvement
4. Stakeholder Engagement
Project Communications Management - ANSWER>>Includes the processes
required to ensure timely and appropriate generation, collection, distribution,
storage, retrieval, and ultimate disposition of project information
Project Procurement Management - ANSWER>>Includes the processes
necessary to purchase or acquire products, services, or results needed from
outside the project team.
Project Scope Management - ANSWER>>Includes the processes required to
ensure the project includes all the work required, and only the work required,
to complete the project successfully.
Project Resource Management - ANSWER>>Includes the processes to identify,
acquire, and manage the resources needed for the successful completion of the
project.
Project Risk Management - ANSWER>>Includes the processes of conducting risk
management planning, identification, analysis, response planning, response
implementation, and monitoring risk on a project.
Project Stakeholder Management - ANSWER>>Includes the processes required
to identify the people, groups, or organizations that could impact or be
impacted by the project, to analyze stakeholder expectations and their impact
on the project, and to develop appropriate management strategies for
effectively engaging stakeholders in project decisions and execution.
Work performance data - ANSWER>>The raw observations and measurements
identified during activities being performed to carry out the project work.
Project Life Cycle - 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 - 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 measurable and unique
to a specific phase.
Project Phase Examples - ANSWER>>Concept Development
Feasibility Study
Customer Requirements
Solution Development
Design
Prototype
Build
Test
Transition
Commission
Phase Gate - ANSWER>>A review at the end of a phase in which a decision is
made to continue, modify, or end a phase or project.
The project's performance and progress are compared to the project and
business documents. (1.2.4.3)
,Phase Gate Examples - ANSWER>>Phase Reviews
Stage Gates
Kill Points
Phase Exists
Project Management Processes - ANSWER>>A systematic series of activities
directed toward causing an end result where one or more inputs will be acted
upon to create one or more outputs.
An output can be a deliverable or another type of outcome
Project Management Processes - ANSWER>>Processes are linked by the outputs
they produce and may contain overlapping activities that occur throughout the
project.
The output of one process generally results in an input to another process or a
deliverable of the project or phase. (1.2.4.4)
Process Groups - ANSWER>>A logical grouping of project management
processes to achieve specific project objectives.
Independent of process phases as well as the application area or industry focus
5 Process Groups - ANSWER>>Initiating, Planning, Executing, Monitoring &
Controlling, Closing
Knowledge Areas - ANSWER>>An identified area of project management
defined by its knowledge requirements and described in terms of its component
processes, practices, inputs, outputs, tools, and techniques.
Project Management Processes are categorized by these, which are interrelated
and interdependent.
,10 Knowledge Areas - ANSWER>>project integration, scope, time, cost, quality,
human resource, communications, risk, procurement, and stakeholder
management
Project Integration Management - ANSWER>>Includes the processes and
activities needed to identify, define, combine, unify, and coordinate the various
processes and project management activities within the Project Management
Process Groups.
Project Schedule Management - ANSWER>>Includes the processes required to
manage the timely completion of the project. provides the steps for developing
a schedule for a project and controlling that schedule to complete the work.
Important tool for communicating and managing stakeholder expectations,
team or individual assignments, and as a basis for performance reporting.
Project Quality Management - ANSWER>>Includes the processes and activities
of the performing organization that determine quality policies, objectives, and
responsibilities so that the project will satisfy the needs for which it was
undertaken Compare work results to the quality requirements to ensure end
result are acceptable. Ensure quality is measured using the right standards.
Entails:
- Plan Quality Management
- Manage Quality
- Control Quality
Trends:
1. Customer Satisfaction
2. Use of automated tools (PDCA, TQM, Six Sigma, Lean)
3. Management Responsibility
4. Mutually Beneficial Partnerships with Suppliers
Tailoring:
, 1. Policy Compliance and Auditing
2. Standards and Regulatory Compliance
3. Continuous Improvement
4. Stakeholder Engagement
Project Communications Management - ANSWER>>Includes the processes
required to ensure timely and appropriate generation, collection, distribution,
storage, retrieval, and ultimate disposition of project information
Project Procurement Management - ANSWER>>Includes the processes
necessary to purchase or acquire products, services, or results needed from
outside the project team.
Project Scope Management - ANSWER>>Includes the processes required to
ensure the project includes all the work required, and only the work required,
to complete the project successfully.
Project Resource Management - ANSWER>>Includes the processes to identify,
acquire, and manage the resources needed for the successful completion of the
project.
Project Risk Management - ANSWER>>Includes the processes of conducting risk
management planning, identification, analysis, response planning, response
implementation, and monitoring risk on a project.
Project Stakeholder Management - ANSWER>>Includes the processes required
to identify the people, groups, or organizations that could impact or be
impacted by the project, to analyze stakeholder expectations and their impact
on the project, and to develop appropriate management strategies for
effectively engaging stakeholders in project decisions and execution.
Work performance data - ANSWER>>The raw observations and measurements
identified during activities being performed to carry out the project work.
