Pmi code of ethics - Study guides, Class notes & Summaries

PMP Exam Practice- Questions & Answers 2023/2024 A project charter that formally authorized a project was created. The project charter documented the initial requirements to satisfy stakeholders' needs and expectations. How often should the project charter be revised? - ANSWER-Never Which of the following roles in a project is most likely to be involved in negotiations on procurements during the Conduct Procurements phase? - ANSWER-Procurement administrator (pg 380) Lucy has to brief h...

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 ...

What is the primary purpose of a Probability-Impact Matrix in project management? - ANSWER-To document project risks and develop risk response plans What is the expected outcome of implementing risk responses in a project, including assigning the necessary team members and allocating the required resources? - ANSWER-Decrease in the likelihood of risks occurring, and decrease in the impact of risks that do occur When establishing project control procedures, which of the following steps is t...

1. Introduction - PMBOK Guide 6th Edition questions and answers well illustrated. PMI Code of Ethics - correct answers.The values that the global project management community defined as most important were responsibility, respect, fairness, and honesty. Project - correct answers.A temporary endeavor undertaken to create a unique product, service, or result. ___ are undertaken to fulfill objectives by producing deliverables. - correct answers.Projects Project objective - correct answers.Pr...

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...

CAPM Exam Prep, PMI Questions, PMBOK 6th Edition - CAPM Prep, CAPM Exam Prep 2023 360-degree appraisal - ANSWER-A performance review completed by a person's peers, manager, and subordinates. It's called a 360-degree appraisal as it's a circle of reviews by people at different levels of an organization. Acceptance - 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, transference, or avoidanc...

A project charter that formally authorized a project was created. The project charter documented the initial requirements to satisfy stakeholders' needs and expectations. How often should the project charter be revised? - Answer- Never Which of the following roles in a project is most likely to be involved in negotiations on procurements during the Conduct Procurements phase? - Answer- Procurement administrator (pg 380) Lucy has to brief her key project stakeholders on the recent approved...

A project charter that formally authorized a project was created. The project charter documented the initial requirements to satisfy stakeholders' needs and expectations. How often should the project charter be revised? - ANSWER-Never Which of the following roles in a project is most likely to be involved in negotiations on procurements during the Conduct Procurements phase? - ANSWER-Procurement administrator (pg 380) Lucy has to brief her key project stakeholders on the recent approved c...

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...

CISA Flashcards Protection of Information Assets Exam 99 Questions with Verified Answers Define the following terms: decompiling, modular stage, due care, negligence, basic care, ordinary care, and extraordinary care. - CORRECT ANSWER Decompiling is the act of dividing a large auditing task into smaller audits so that all objectives and requirements can be met Modular stage is a type of audit created by decompiling. Due care is the degree of care for a client that auditors must demonstrate w...