Ch. 1: Preparing For Exam

Question 1

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A PMI publication that defines widely accepted project management practices. The CAPM and PMP exam are based on this book.

Answer 1

PMBOK

Question 2

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The areas of expertise, industry, or function where a project is centered. Examples of application areas include architecture, IT, health care, or manufacturing.

Answer 2

Application areas

Question 3

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A person who has slightly less project management experience than a PMP but has qualified for and then passed the CAPM exam.

Answer 3

Certified associate in project management (CAPM)

Question 4

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Defines how a project affects people and how those people my affect the project. Cultural and social environments include the economic, educational, ethical, religious, demographic, and ethic composition of the people affected by the project.

Answer 4

Cultural and social environment

Question 5

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A product, service, or result creates by a project. Projects can have multiple deliverables.

Answer 5

Deliverable

Question 6

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These include the application of accounting, procurement, sales and marketing, contracting, manufacturing, logistics, strategic planning, human resource management, standards and regulations, and information technology.

Answer 6

General management skills

Question 7

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The consideration of the local and internal laws, languages, communication challenges, time zone differences, and other non-collocated issues that affect a project’s ability to progress.

Answer 7

International and political environment

Question 8

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The ability to interact, lead, motivate, and manage people.

Answer 8

Interpersonal skills

Question 9

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A triangle with the characteristics of time, cost, and scope. Time, cost, and scope each comprise one angle of the triangle; if any side of the Iron Triangle is not in balance with other sides, the project will suffer.

Answer 9

Iron Triangle of Project Management

Question 10

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The physical structure and surrounding that affects a project’s work.

Answer 10

Physical environment

Question 11

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A collection of related projects working in unison towards a common deliverable.

Answer 11

Program

Question 12

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Describes the process of gathering project details in steady uniform steps. This process uses deductive reasoning, logic, and a series of information gathering techniques to identify details about a project, product, or solution.

Answer 12

Progressive elaboration

Question 13

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A short-term endeavor to create a unique product, service or result. The end result of a project is also called a deliverable.

Answer 13

Project

Question 14

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The location and culture of the environment where the project work will reside. The project environment includes the social, economic, and environmental variables the project must work with or around.

Answer 14

Project environment

Question 15

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An organization of project management professionals from around the world supporting and promoting the careers, values, and concerns of project managers.

Answer 15

Project Management Institute (PMI)

Question 16

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A central office that overseas all projects within an organization or within a functional department. A PMO supports the project manager through software, training, templates, policies, communication, dispute resolution, and other services.

Answer 16

Project management office (PMO)

Question 17

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A person who has proven project management experience and has qualified for and then passed the PMP examination.

Answer 17

Project management professional (PMP)

Question 18

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The management and selection of projects that support an organization’s vision and mission. It is the balance of project priority, risk, reward, and return on investment. This is a senior management process.

Answer 18

Project management portfolio

Question 19

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A smaller project managed within a larger, parent project. Subprojects are often contracted work whose deliverable allows the larger project to progress. Consider the electrical wiring of a new building to be a subproject of the parent project, which is the actual construction of the new building.

Answer 19

Subprojects

Question 20

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Also known as the Iron Triangle. This theory posits that time, cost, and scope are three constraints that every project has.

Answer 20

Triple Constraints if Project Management