Pmi pmp Study guides, Class notes & Summaries

A Guide to the Project Management Body of Knowledge (PMBOK) A PMI publication that defines widely accepted project management practices. The CAPM and PMP exam are based on this book. Application areas 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) A person who has slightly less project management experience than a PMP,...

A Guide to the Project Management Body of Knowledge (PMBOK) - ️️A PMI publication that defines widely accepted project management practices. The CAPM and PMP exam are based on this book. Application areas - ️️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) - ️️A person who has slightly less project management experienc...

Your project was won by your company because of its commitment to PMI practices. Your customer has a term in the contract specifying that all presentations be given by a Project Management Professional (PMP). The PMP assigned to your project has resigned effective today and the project performance report is due for presentation next Thursday. As the project manager, what should you do? correct answers Hire a consultant that holds the PMP certification and follow the process defined by your compa...

A Guide to the Project Management Body of Knowledge (PMBOK Guide) - ️️The PMI publication that defines widely accepted project management practices. The CAPM and the PMP exam are based on this book. Application areas - ️️The areas of expertise, industry, or function where a project is centered. Business value - ️️A quantifiable return on investment. The return can be tangible, or intangible Certified Associate in Project Management (CAPM) - ️️A person who has slightly le...

An element of the project scope statement is: A. Acceptance criteria. B. A stakeholder list. C. A summary budget. D. High-level risks. - correct answer A Reserves Analysis - correct answer Risk management method of determining contingency or management reserves for schedule Which document describes the necessary information to determine if a project is worth the required investment? A. Cost baseline B. Service level agreement C. Memorandum of understanding D. Business case ...

Until the 1980s, project management primarily focused on providing schedule and resource data to top management in the military, computer, and construction industries. - Answer True A project manager's primary role is to provide the funding for a project. - Answer False In order to be realistic, a project manager should always set discrete goals instead of a range of objectives. - Answer False Managing the triple constraint primarily involves making trade-offs between resources and qua...

A Guide to the Project Management Body of Knowledge (PMBOK) - ANSWERSA PMI publication that defines widely accepted project management practices. The CAPM and PMP exam are based on this book. Application areas - ANSWERSThe 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) - ANSWERSA person who has slightly less project management experi...

126. You are having lunch with one of your colleagues. He tells you in confidence that he lied about having a PMP certification, and never actually passed the exam. What is the BEST way to handle this situation? A. Report the person to PMI B. Report the person to his manager C. Ask him to tell the truth to his manager D. Do nothing because you were told this in confidence - ANSWER-126. Answer: A If you discover that someone claims to have the PMP credential but is not actually certified, yo...

2023 /2024 PMP CERTIFICATION EXAM ACTUAL EXAM 100 QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIONALES (VERIFIED ANSWERS) |ALREADY GRADED A+ 1. Vocal inflection accounts for how much understanding of verbal communication? a. 55 percent b. 38 percent c. 100 percent d. 7 percent B - Vocal inflection contributes approximately 38 percent of our understanding of a verbal communication. From Hidden Messages by Albert Mehrabian, 1972. 2. On your current project, EV = $45,000, AC = $5...

What organization is recognized worldwide for setting project management standards? A PMI (R) B PMC C CompTIA D PMP - PMI (R) Your project has expected cash inflows of $1.2 million in year 1, $2.4 million in year 2, and $4.6 million in year 3. The project pays for itself in 23 months. Which cash flow technique was used to determine this? A Payback period B IRR C NPV D Discounted cash flow - Payback period You've been given an idea for a project by an executive in your organization. ...