CAPM ==>> Certified Associate In Project Management Flashcards
Easy Words & Their Definitions
Project Integration Management
Includes the processes and ACTIVITIES to IDENTIFY, DEFINE, COMBINE, UNIFY & COORDINATE the various processes and Project Management activities within the Project Management Process Groups
Project Scope Management
Includes the PROCESSES required to ensure the project INCLUDES THE WORK REQUIRED and ONLY THE WORK required to complete the project
Project Schedule Management
Includes the PROCESSES required to manage TIMELY COMPLETION of the Project
Project Cost Management
Includes the PROCESSES in planning and estimating BUDGETING FINANCING FUNDING MANAGING & CONTROLLING costs so the project can be completed within the APPROVED BUDGET
Project Quality Management
Includes the PROCESSES for incorporating the organizations QUALITY POLICY regarding planning, managing or controlling project and product QUALITY REQUIREMENTS in order to MEET STAKEHOLDER’S EXPECTATIONS
Project Resource Management
PROCESSES to IDENTIFY ACQUIRE and MANAGE RESOURCES needed for the successful completion of the Project
Project Communication Management
Includes the PROCESSES required to ENSURE TIMELY & APPROPRIATE PLANNING COLLECTION creation STORAGE DISTRIBUTION retrieval, management, control monitoring & ultimate DISPOSITION OF PROJECT INFORMATION
Project Risk Management
PROCESSES of CONDUCTING RISK MANAGEMENT PLANNING IDENTIFYING ANALYSIS RESPONSE PLANNING, RESPONSE IMPLEMENTATION & monitoring RISK on a PROJECT
Project Procurement Management
Includes the processes NECESSARY to PURCHASE or ACQUIRE PRODUCTS, services or results needed from OUTSIDE THE PROJECT TEAM
Project Stake Holder Management
PROCESSES required to IDENTIFY PEOPLE, GROUPS or organizations that impact or be impacted by the project, to analyze stakeholder expectations and their impact on the project and to develop APPROPRIATE management strategies for effectively ENGAGING STAKEHOLDERS in project decisions & execution
Initiating Process Group
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
The Processes required to ESTABLISH THE SCOPE OF THE PROJECT REFINE THE OBJECTIVES and define the COURSE OF ACTION REQUIRED to attain the objectives that the Project was undertaken to achieve
Executing Process Group
The processes performed TO COMPLETE THE WORK DEFINED in the Project Management Plan TO SATISFY THE PROJECT REQUIREMENTS
Monitoring & Controlling Process Group
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
Those processes performed TO FORMALLY COMPLETE OR CLOSE the project phase or contract
Develop Project Charter
The process of developing a document that FORMALLY AUTHORIZE THE EXISTENCE of a Project & provides the PROJECT MANAGER with the authority to apply organizational RESOURCES to project ACTIVITIES
Develop Project Management Plan
The process of DEFINING, PREPARING and COORDINATING all plan components AND CONSOLIDATING them into an INTEGRATED project management Plan
Direct & Manage Project Work
The PROCESS OF LEADING and PERFORMING the work defined in the Project Management Plan and IMPLEMENTING APPROVED CHANGES to achieve the project objectives
Manage Project Knowledge
The Process of USING EXISTING KNOWLEDGE & CREATING NEW KNOWLEDGE to achieve the Projects objectives & CONTRIBUTE TO THE ORGANIZATIONAL LEARNING
Monitor & control Project Work
The PROCESS OF TRACKING REVIEWING AND REPORTING overall progress to meet the PERFORMANCE OBJECTIVES DEFINED in the Project Management Plan
Perform Integrated Change Control
The process of REVIEWING ALL CHANGE REQUESTS; APPROVING CHANGES and MANAGING CHANGES TO DELIVERABLES, organizational assets project document and Project management plan and COMMUNICATING THE DECISIONS
Close Project
The process of FINALIZING ALL ACTIVITIES FOR THE PROJECT PHASE OR CONTRACT
Plan Scope Management
The process of creating a SCOPE MANAGEMENT PLAN that documents how the project a Product SCOPE will be defined, validated and controlled
Collect Requirements
The Process of DETERMINING DOCUMENTING and MANAGING STAKEHOLDER NEEDS & REQUIREMENTS to meet PROJECT OBJECTIVES