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CAPM EXAM PREP| QUESTIONS WITH COMPLETE SOLUTIONS

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Initiation Process Correct Answer: Obtain authorization to start a new project or phase on an existing project Planning Process Correct Answer: Establish the scope of the project, refine the objectives and define th ...

Initiation Process Correct Answer: Obtain authorization to start a new project or phase on an existing project Planning Process Correct Answer: Establish the scope of the project, refine the objectives and define the course of action required Executing Process Correct Answer: Complete the work defined in the project management plan to satisfy the project specifications Monitoring and Controlling Process Correct Answer: Track, review, and regulate the progress and performance of the project; identify areas which changes to the plan are required Closing Process Correct Answer: Finalize all activities across all Process Groups to formally close the project or phase Integration Management Correct Answer: Identify, define, combine, unify, and coordinate the various processes and project management activities Scope Management Correct Answer: All the work required, and only the work required, to complete the project successfully Time Management Correct Answer: Manage the timely completion of the project Cost Management Correct Answer: Planning, estimating, budgeting, financing, funding, managing, and controlling costs so that the project can be completed within the approved budget Quality Management Correct Answer: Policies and procedures used to implement the organization's quality management system and it supports continuous process improvement activities Human Resource Management Correct Answer: Organize, manage, and lead the project team; people with assigned roles and responsibilities Communications Management Correct Answer: Timely and appropriate planning, collection, distribution, storage, retrieval, management, control, monitoring, and the ultimate disposition of project information Risk Management Correct Answer: Conducting risk management planning, identification, analysis, response planning, and controlling risk on a project Procurement Management Correct Answer: Purchase or acquire products, services, or results needed from outside the project

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