PMBOK Q&A Exam Bundle

Knowledge Areas active in the Monitoring and Controlling Process Group? ALL Knowledge Areas that intersect with the Execution Process Group? Integration Quality Resource Communications Procurement Risk Stakeholder All Knowledge Areas include what type of processes? Planning Processes ...

Benchmarking Comparison of actual or planned products, processes, and practices to those best in class, best in industry, or best in organization practices, processes, and products. Process: Collect Requirements, Plan Quality management, Plan Stakeholder Engagement Brainstorming This technique...

Scope Management A component of the project or program management plan that describes how the scope will be defined, developed, monitored, controlled, and validated. Scope Management Plan includes: 1. processes to prepare a project scope statement. 2. starts the creation of the WBS from the det...

Outcome End result/consequence of process/project. Can include ouputs and artifacts, broader intent focusing on benefits and value project was supposed to deliver Portfolio Projects, programs, subsidiary portfolios, and operations managed as a group to achieve strategic objectives. Product An ...

Iron Triangle (Triple Constraints) 1) Time 2) Cost 3) Scope (Quality in the middle) System Dynamics Relationships between components/departments Iterative and Incremental Life Cycles A high-level upfront scope with cost and schedule developed over iterations of planning; Phases repeat throu...

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? Monitoring and Control What is the main benefit of a balanced matrix organization over a projectized organizational stru...

Project A temporary endeavor undertaken to create a unique product, service, or result. business value The net quantifiable benefit derived from a business endeavor. The benefit may be tangible, intangible, or both. What 4 factors influence an organization's ongoing operations and business st...