Capm question - Study guides, Class notes & Summaries

PMBOK CAPM Questions with 100% Correct Answers | Latest Version 2024 | Verified

Program vs. Portfolio vs. project - program is a collection of projects and a porfolio is a collection of programs and projects. a project is a temporary endeavor. project - A temporary endeavor undertaken to create a unique product, service, or result. 1. goals and deliverables 2. start and end date 3. clear scope and deliverables 4. specific resources and budgeting program - 1. closely related projects 2. multiple projects with interdependencies 3. larger scope than large ...

360-degree appraisal - correct answer a performance review completed by a person's peers, managers, and subordinates. It's called a 360 degree appraisal because it's a circle of reviews by people at different levels of an organization. Acceptance - correct answer This is a response to a risk event, generally made when the probability of the event and/or impact are small. It is used when mitigation...

CAPM Practice Exam Questions and Answers 2024.

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____ dependencies involve relationships between project and nonproject activities - Which technique shows external dependencies best? - a.Activity on arrow diagramming b. Activity on node diagramming c. PERT diagramming d. None of the above After deciding which projects to pursue, organizations need to decide if it is advantageous to manage several projects together as part of a(n) ____. - a. aggregate c. cluster b. program d. group

CAPM - 7th Edition Practice Exam Question and answers correctly solved 2023/2024The issues you are facing on your project could have been predicted if a formal risk management process was used. Which document would have been most useful to you along the entire risk management process, from identifying risks to planning and implementing responses to monitoring risks? A Risk register B List of risk triggers C Risk mitigation D Decision tree - correct answer Risk register - A risk register is a...

What does RFP stand for? - Answer- Request for Proposal What does PV stand for? - Answer- Present Value What is planned value? - Answer- the authorized budget assigned to a work schedule What does EV stand for? - Answer- Earned Value What is earned value? - Answer- the measure of work performed expressed in terms of the budget authorized for that work What does AC stand for? - Answer- Actual Cost What is actual cost? - Answer- the realized cost incurred for the work performed o...

CAPM PMI Exam Questions and Answers 100% Pass Predictive Life Cycle - Correct Answer️️ -A project life cycle when the scope, time and cost are determined as early in the life cycle as possible. Plan-Driven Waterfall Approach ( A projects that requires to complete one phase to go to the next) Changes to the scope are tightly controlled Iterative/Incremental Process - Correct Answer️️ -Any process that is repeated more than once. The five process groups are repeated throughout the ...