CAPM Exam| 200 QUESTIONS WITH COMPLETE SOLUTIONS

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Cost Variance formula Correct Answer: Earned Value (EV) - Actual Cost (AC) What are the 6 constraints? Correct Answer: Scope, Risk, Resources, Quality, Schedule, Budget Initiating (Process Gro... up) Correct Answer: Processes performed to define a new PROJECT or a new PHASE of an existing project Planning (Process Group) Correct Answer: Processes performed to establish total scope of effort, define and refine objectives, and develop a course of action to attain the objectives Executing (Process Group) Correct Answer: Processes performed to complete the work defined in the project management plan to satisfy objectives Monitoring & Controlling (Process Group) Correct Answer: Processes to track, review, and orchestrate progress and performance of a project How many processes are in EXECUTING? Correct Answer: 8 How many processes are in PLANNING? Correct Answer: 24 How many processes are in INITIATING? Correct Answer: 2 How many processes are in CLOSING? Correct Answer: 2 How many processes are in MONITORING & CONTROLLING? Correct Answer: 11 What are INPUTS? Correct Answer: Tools and Techniques you can use to DO the process What are OUTPUTS? Correct Answer: One or more things you can GET as a RESULT of doing the process How many processes are there? Correct Answer: 47 How many knowledge areas are there? Correct Answer: 10 What are the 10 knowledge areas? Correct Answer: Integration, Scope, Time, Cost, Quality, Human Resources, Communication, Risk, Procurement, Stakeholder Closing (Process Group) Correct Answer: Processes to conclude all activities across all process groups of a project Validate Scope: What process group? What knowledge area? Correct Answer: Monitoring & Controlling (PG) Scope Management (KA) [Show More]

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