CAPM Exam Cert Guide Flashcards
What is a temporary endeavor undertaken to create a unique product, service, or result.
A project
What is a person assigned by an organization to lead a project team and be responsible for achieving the project objectives?
A project manager
What is the application of knowledge, skills, tools, and techniques to project activities to meet project requirements?
Project management
What is a way of breaking operations into separately managed modules or tasks, each of which can then be individually sequenced, tracked, and measured to achieve a reliable outcome for a single customer?
project-based operations
What are related projects, subsidiary programs, and program activities that are managed in a coordinated manner to obtain benefits not available from managing them individually (series of related undertakings)?
a program
What is a collection of projects or programs and other work that are grouped together to facilitate effective management to meet strategic business objectives. (emphasis is building, sustaining, and advancing the organization)?
A project portfolio
What is the worth, importance, or usefulness of something?
value
What are the 5 Project Management Process Groups?
Initiating, Planning, Executing, Monitoring & Controlling, Closing
Which process group has processes that are performed to define a new project or a new phase of an existing project by obtaining authorization to start the project or phase?
Initiating
Which process group has processes that are required to establish the scope of a project, refine the objectives, and define the course of action required to attain the objectives that the project was undertaken to achieve?
Planning
Which process group has processes that are performed to complete the work defined in the project managment plan to satisfy the project requirements
Executing
Which process group has processes that are required to track, review, and regulate the progress and performance of a project; identify any areas in which changes to the plan are required; and initiate the appropriate changes?
Monitoring and controlling
Which process group has processes that are performed to formally complete or close a project, phase, or contract?
Closing
What are conditions or situations that may impact the project objectives?
Issues
What are uncertain events or conditions that, if they occur, have a positive or negative effect on one or more project objectives?
Risks
What are facts about a project or its requirements that define special conditions around which the project must be planned or executed?
Assumptions
What are project boundaries or limits on time, cost, or scope?
Constraints
What are negative risks called?
Threats
What are positive risks called?
Opportunities
What do requirements, discovery, creation, and communication management fall under?
Business analysis
What is a framework for constantly communicating with stakeholders for a backlog of key requirements that are important to the customer and then quickly demonstrating working features pertaining to those requirements?
Adaptive project management
What is the process of breaking down a project into smaller steps or stages?
Progressive elaboration
What is Domain 1 of the 8 Project Performance Domains, which addresses activities and functions associated with stakeholders?
Stakeholder Performance Domain
What is Domain 2 of the 8 Project Performance Domains, which addresses activities and functions associated with the people who are responsible for producing project deliverables?
Team Performance Domain