Pmp exam chapter 1 - Study guides, Class notes & Summaries

Information Technology Project Management (7th Ed) Chapter 1 Graded A best practice An optimal way recognized by industry to achieve a stated goal or objective critical path The longest path through a network diagram that determines the earliest completion of a project enterprise project management software Software that integrates information from multiple projects to show the status of active, approved, and future projects across an entire organization; also called portfolio projec...

PMP Exam Chapter 1 Questions and Answers|100% Verified PMBOK Guide - CORRECT ANSWER Contains the globally recognized standard and guide for the project management profession. Standard - CORRECT ANSWER A formal document that describes established norms, methods, processes, and practices. They do not address all details of every topic. Annex A1 - CORRECT ANSWER The standard for project management and presents the processes, inputs, and outputs that are considered to be good practice on ...

Information Technology Project Management 8th - Chapter 1 Complete Best Practice ️An optimal way recognized by industry to achieve a stated goal or objective. Enterprise Project Management Software ️Software that integrates information from multiple projects to show the status of active, approved, and future projects across an entire organization; also called portfolio project management software Ethics ️A set of principles that guides decision making based on personal values of ...

1. In which project management process group is the detailed project budget created? A. Initiating B. Before the project management process C. Planning D. Executing - ANSWER Answer C Notice the use of the word 'detailed'. Such a budget is created during the planning process group. 2. The project charter is created in which project management process group? A. Executing

Rita PMP Exam Prep Questions - Chapter 12 - Procurement Mgmt 2023 verified1. Once signed, a contract is legally binding unless: A. One party is unable to perform B. One party is unable to finance its part of the work C. It is in violation of applicable law D. It is declared null and void by either party's legal counsel - correct answer Answer C Once signed, a contract is binding. Generally, the inability to perform, get financing, or one party's belief that the contract is null and vo...

A Guide to the Project Management Body of Knowledge (PMBOK Guide) - ANSWER-The PMI publication that defines widely accepted project management practices. The CAPM and the PMP exam are based on this book. Application Areas - ANSWER-The areas of expertise, industry, or function where a project is centered. Examples of application areas include architecture, IT, health care, and manufacturing. Business Value - ANSWER-A quantifiable return on investment. The return can be tangible, such as equ...

Audits are a very important tool in the Perform Quality Assurance process. Which of the following project activities does not use audits as a technique? A. Documenting the events leading up to the termination of an agreement with a project supplier due to non-performance B. Inspecting project deliverables to validate that they meet quality metrics C. Reviewing the project's bidder conference event to help make the next one even more fair D. Capturing project lessons learned from make-or-buy...

PMP Rita Exam Prep Questions - Chapter 8 - Quality Mgmt

1. Validate Scope is part of what process group? a. Planning b. Executing c. Closing d. Monitoring and Controlling 1. D - Monitoring and controlling is the only correct answer. PMBOK® Guide, 5th edition, p. 61 2. The Planning process group touches all ten of the key knowledge areas in that planning has to occur in each of these areas. Which of the following is not part of the planning process? a. Creating the WBS b. Develop the project management plan c. Estimate activity durations...

A Guide to the Project Management Body of Knowledge {PMBOK} - 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. Examples of application areas include architecture, IT, health care, and manufacturing. Certified Associate in Project Management {CAPM} - A person who has slightly less project management experience than a PM...