CAPM Certification Exam| QUESTIONS WITH COMPLETE SOLUTIONS
business value Correct Answer: the entire value of a business; the total sum of all tangible and
intangible elemtns
colocation Correct Answer: project team members are physically located close to one another in
order to improve communication, working relations, and productivity.
constraint Correct Answer: restriction or limitation that may force a certain course of action or
inaction
Enterprise Environmental Factors Correct Answer: external or internal factors that can influence
a projects sucess
good practice Correct Answer: a specific activity or application of a skill, tool, or technique that
has been proven to contribute positively to the execution of a process
Operations Correct Answer: ongoing work performed by people, constrained by resources,
planned, executed, monitored and controlled. unlike a project, operations are repetitive- day to
day business
organizational process assets Correct Answer: any formal or informal processes, plan, policies,
procedures, guidelines, and on going or historical project ino (lessons learned, measurement data,
project files, estimates versus actuals)
portfolio Correct Answer: collection of projects, projects, and additional work.
product life cycle Correct Answer: collection of stages that make up the life of a product.
Typically: introduction, growth, maturity, and retirement.
program Correct Answer: group of related project managed in a coordinated way. e.g. the design
and creation of the prototype for a new airplane is a project, while manufacturing 99 more
airplanes of the same model is a program
progressive elaboration Correct Answer: increasing the level of detail in a project management
plan as greater amounts of info and more accurate estimates become available
project life cycle Correct Answer: collection of various phases that make up a project.
(accomplished through the 5 process groups)
standard Correct Answer: document that describes rules, guidelines, methods, processes, and
practices that can be used repeatedly to enhance the chances of success.
Subproject Correct Answer: a component of a project. Can be contracted out to an external
enterprise or to another functional unit.
, Project charter Correct Answer: a document issued b the project initiator or sponsor that
formally authorizes the existence of a project and provides the project manager with the authority
to apply organizational resources to project activities
5 Correct Answer: How many process groups are there?
Initiating process group Correct Answer: those processes performed to define a new project or a
new phase of an existing project by obtaining authorization to start the project or phase.
Planning process group Correct Answer: those processes required to establish the scope of the
project, refine the objectives, define the course of action required to attain the objectives that the
project was undertaken to achieve.
Executing process group Correct Answer: those processes performed to complete the work
defined in the project management plan to satisfy the project specifications.
Monitoring and Controlling Process Group Correct Answer: Those processes required to track,
review, and regulate the progress and performance of the project; identify any areas in which
changes to the plan are required; and initiate the corresponding changes
Closing Process Group Correct Answer: those processes performed to finalize all activities
across all process groups to formally close the project or phase
47 Correct Answer: How many project management processes?
10 Correct Answer: How many knowledge areas?
Tailoring Correct Answer: determining what processes are appropriate to apply to a project. And
related inputs and outputs
Technique Correct Answer: defined systematic series of steps applied by one or more
individuals using one or more tools to achieve a product or result or to deliver a service.
application area Correct Answer: a category of projects that share components that may not be
present in other categories of project. For example, approaches to information technology
projects are different from those for residential development projects, so each is a different
application area.
change control Correct Answer: the procedures used to identify, document, approve (or reject),
and control changes to the project baselines.
change management Correct Answer: the process for managing change in a project. A change
management plan should be incorporated into the project management plan.
expert judgement Correct Answer: judgment based on expertise appropriate to the activity. It
may be provided by any group or person, either within the organization or external to it.
business value Correct Answer: the entire value of a business; the total sum of all tangible and
intangible elemtns
colocation Correct Answer: project team members are physically located close to one another in
order to improve communication, working relations, and productivity.
constraint Correct Answer: restriction or limitation that may force a certain course of action or
inaction
Enterprise Environmental Factors Correct Answer: external or internal factors that can influence
a projects sucess
good practice Correct Answer: a specific activity or application of a skill, tool, or technique that
has been proven to contribute positively to the execution of a process
Operations Correct Answer: ongoing work performed by people, constrained by resources,
planned, executed, monitored and controlled. unlike a project, operations are repetitive- day to
day business
organizational process assets Correct Answer: any formal or informal processes, plan, policies,
procedures, guidelines, and on going or historical project ino (lessons learned, measurement data,
project files, estimates versus actuals)
portfolio Correct Answer: collection of projects, projects, and additional work.
product life cycle Correct Answer: collection of stages that make up the life of a product.
Typically: introduction, growth, maturity, and retirement.
program Correct Answer: group of related project managed in a coordinated way. e.g. the design
and creation of the prototype for a new airplane is a project, while manufacturing 99 more
airplanes of the same model is a program
progressive elaboration Correct Answer: increasing the level of detail in a project management
plan as greater amounts of info and more accurate estimates become available
project life cycle Correct Answer: collection of various phases that make up a project.
(accomplished through the 5 process groups)
standard Correct Answer: document that describes rules, guidelines, methods, processes, and
practices that can be used repeatedly to enhance the chances of success.
Subproject Correct Answer: a component of a project. Can be contracted out to an external
enterprise or to another functional unit.
, Project charter Correct Answer: a document issued b the project initiator or sponsor that
formally authorizes the existence of a project and provides the project manager with the authority
to apply organizational resources to project activities
5 Correct Answer: How many process groups are there?
Initiating process group Correct Answer: those processes performed to define a new project or a
new phase of an existing project by obtaining authorization to start the project or phase.
Planning process group Correct Answer: those processes required to establish the scope of the
project, refine the objectives, define the course of action required to attain the objectives that the
project was undertaken to achieve.
Executing process group Correct Answer: those processes performed to complete the work
defined in the project management plan to satisfy the project specifications.
Monitoring and Controlling Process Group Correct Answer: Those processes required to track,
review, and regulate the progress and performance of the project; identify any areas in which
changes to the plan are required; and initiate the corresponding changes
Closing Process Group Correct Answer: those processes performed to finalize all activities
across all process groups to formally close the project or phase
47 Correct Answer: How many project management processes?
10 Correct Answer: How many knowledge areas?
Tailoring Correct Answer: determining what processes are appropriate to apply to a project. And
related inputs and outputs
Technique Correct Answer: defined systematic series of steps applied by one or more
individuals using one or more tools to achieve a product or result or to deliver a service.
application area Correct Answer: a category of projects that share components that may not be
present in other categories of project. For example, approaches to information technology
projects are different from those for residential development projects, so each is a different
application area.
change control Correct Answer: the procedures used to identify, document, approve (or reject),
and control changes to the project baselines.
change management Correct Answer: the process for managing change in a project. A change
management plan should be incorporated into the project management plan.
expert judgement Correct Answer: judgment based on expertise appropriate to the activity. It
may be provided by any group or person, either within the organization or external to it.
