CAPM EXAM PREP

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