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Project Management C783 Full Set Questions And Answers
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Project Management C783 Full Set Questions And Answers
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Project Management C783 Full SetQuestions And Answers
A Guide to the Project Management Body of Knowledge (PMBOK Guide) - answer-The PMI
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b publication that defines widely accepted project management practices. The CAPM and the
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b PMP exam are based on this book.
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Application areas - answer-The areas of expertise, industry, or function where a project is
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b centered. Examples of application areas include architecture, IT, health care, and
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b manufacturing.
Business value - answer-A quantifiable return on investment. The return can be tangible,
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b such as equipment, money, or market share. The return can also be intangible, such as
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b brand recognition, trademarks, and reputation.
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Certified Associate in Project Management (CAPM) - answer-A person who has slightly less
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b project management experience than a PMP, but who has qualified for and then passed the
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b CAPM examination.
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Cultural and social environment - answer-Defines how a project affects people and how
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b those people may affect the project. Cultural and social environments include the economic,
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,b educational, ethical, religious, demographic, and ethnic composition of the people affected
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b by the project.
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Deliverable - answer-A product, service, or result created by a project. Projects can have
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b multiple deliverables. b
General management skills - answer-These include the application of accounting,
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b procurement, sales and marketing, contracting, manufacturing, logistics, strategic planning,
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b human resource management, standards and regulations, and information technology.
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International and political environment - answer-The consideration of the local and
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b international laws, languages, communication challenges, time zone differences, and other
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b non-collocated issues that affect a project's ability to progress.
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Interpersonal skills - answer-The ability to interact, lead, motivate, and manage people
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Iron Triangle of Project Management - answer-A triangle with the characteristics of time,
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b cost, and scope. Time, cost, and scope each constitute one side of the triangle; if any side of
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b the Iron Triangle is not in balance with the other sides, the project will suffer. The Iron
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b Triangle of Project Management is also known as the Triple Constraints of Project
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b Management, as all projects are constrained by time, cost, and scope.
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,Physical environment - answer-The physical structure and surroundings that affect a
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b project's work b
Process groups - answer-A collection of related processes in project management. There are
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b five process groups and 49 project management processes. The five process groups are
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b Initiating, Planning, Executing, Monitoring and Controlling, and Closing
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Program - answer-A collection of related projects working in unison toward a common
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b deliverable.
Progressive elaboration - answer-The process of gathering project details. This process uses
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b deductive reasoning, logic, and a series of information-gathering techniques to identify
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b details about a project, product, or solution
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Project - answer-A temporary endeavor to create a unique product, service, or result. The
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b end result of a project is also called a deliverable
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Project benefits management plan - answer-A documented created and maintained by the
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b project sponsor and the project manager. The project benefits management plan defines
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b what benefits the project will create, when the benefits will be realized, and how the
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b benefits will be measured.
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, Project business case - answer-Created and maintained by the project sponsor and shows
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b the financial validity of why a project is chartered and launched within the organization.
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b Typically, the project business case is created before the launch of the project and may be
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b used as a go/no-go decision point.
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Project environment - answer-The location and culture of the environment where the
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b project work will reside. The project environment includes the social, economic, and
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b environmental variables the project must work with or around. b b b b b b b b
Project Management Institute (PMI) - answer-An organization of project management
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b professionals from around the world, supporting and promoting the careers, values, and
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b concerns of project managers b b b
Project life cycle - answer-The phases that make up the project. Project life cycles are unique
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b to the type of work being performed and are not universal to all projects.
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Project management office (PMO) - answer-A central office that oversees all projects within
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b an organization or within a functional department. A PMO supports the project manager
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b through software, training, templates, policies, communication, dispute resolution, and
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b other services. b
Project Management Professional (PMP) - answer-A person who has proven project
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b management experience and has qualified for and then passed the PMP examination.
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