Capm exam prep stuvia - Study guides, Class notes & Summaries

Cost Variance formula - ANSWEREarned Value (EV) - Actual Cost (AC) What are the 6 constraints? - ANSWERScope, Risk, Resources, Quality, Schedule, Budget Initiating (Process Group) - ANSWERProcesses performed to define a new PROJECT or a new PHASE of an existing project Planning (Process Group) - ANSWERProcesses performed to establish total scope of effort, define and refine objectives, and develop a course of action to attain the objectives Executing (Process Group) - ANSWERProcesses...

As a project manager you'll need to gather the stakeholder requirements your project is required to satisfy to consider the project complete: - ANSWERCollect Requirements Once you've created the project scope and the WBS, the project manager and project team will define the exact activities that need to complete in order to create the elements of the WBS and scope - ANSWERDefine Activities Based on the needs of the project, the organizational procedures, and the project budget, the procu...