Pmbok Study guides, Class notes & Summaries

PMI (PMP) Exam 6th Edition PMBOK Questions & Answers 2024/2025 An element of the project scope statement is: A. Acceptance criteria. B. A stakeholder list. C. A summary budget. D. High-level risks. - ANSWERSA Reserves Analysis - ANSWERSRisk 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...

PMBOK 6TH EDITION GLOSSARY

You are the Project Manager for a large construction project. While reviewing the expenditures, you realize that you are 20% over budget. What process group are you working in? Correct Answer-Monitoring and Control What is the main benefit of a balanced matrix organization over a projectized organizational structure? Correct Answer-More efficient use of resources As the Sponsor on a large, multi-national hydroelectric power project, during the execution phase, your primary responsibilities...

CAPM - PMBOK 7th Edition Questions with Verified Solutions. Stakeholder ️ An individual, group, or organization that may affect, be affected by, or perceive itself to be affected by a decision, activity, or outcome of a project, program, or portfolio. Stakeholder Analysis ️ A method of systemically gathering and analyzing quantitative and qualitative information to determine whose interests should be taken into account throughout the project. Push Communication ️ One-way communicat...

PMBOK 6 CAPM EXAM 2024 WITH 100% CORRECT ANSWERS A project is said to be temporary because: A. it has a short duration B. it has a definite beginning and end C. it has the potential to be a continuous and ongoing effort D. its project team outlives it. - correct answer B. it has a definite beginning and end Which of the following is NOT a characteristic of a project? A. Constrained by limited resources B. Creates unique product or services C. Ongoing and repetitive D. Planned, exec...

How many project management knowledge areas are there in the PMBOK 6th Edition? - Answer- 10 project management knowledge areas How many project management processes are covered in the PMBOK 6th Edition? - Answer- 49 project management processes What are the 10 project management knowledge areas? - Answer- Communications Management Cost Management Integration Management Quality Management Procurement Management Resource Management Risk Management Schedule Management Scope Managemen...

Select the best description of the planning process group The process(es) required to establish the scope of the project, refine the objectives, and define the course of action required to attain the objectives that the project was undertaken to achieve. The process(es) required to establish the scope of the project, refine the objectives, and define the course of action required to include in the project charter The process(es) performed to define a new project or a phase of an existin...

PMBOK 6 CAPM Practice Questions and Answers Updated 2024/2025 Solved 100%

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 ...

PMI Code of Ethics Correct Answer-The values that the global project management community defined as most important were responsibility, respect, fairness, and honesty. Project Correct Answer-A temporary endeavor undertaken to create a unique product, service, or result. ___ are undertaken to fulfill objectives by producing deliverables. Correct Answer-Projects Project objective Correct Answer-Project ___ is defined as an outcome toward which work is to be directed, a strategic position...