Chapter 1 - Preparing for the Exam

Question 1

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

Answer 1

A Guide to the Project Management Body of Knowledge (PMBOK)

Question 2

The areas of expertise, industry, or function where a project is centered. Examples include architecture, IT, healthcare, and manufacturing.

Answer 2

Application Areas

Question 3

A person who has slightly less project management experience than a PMP, but who was qualified for an pasted the CAPM examination.

Answer 3

Certified Associate in Project Management (CAPM)

Question 4

Defines how a project affects people and how those people may affect the project. Includes the economic, educational, ethical, religious, demographic, and ethnic composition of the people affected by the project.

Answer 4

Cultural and Social Environment

Question 5

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

Answer 5

Deliverable

Question 6

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

The consideration of the local and international 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

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

Answer 8

Interpersonal Skills

Question 9

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

Answer 9

Iron Triangle of Project Management

Question 10

The physical structure and surroundings that affect a project’s work.

Answer 10

Physical Environment

Question 11

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

Answer 11

Program

Question 12

The process of gathering project details. 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

A temporary endeavor to create a unique product, service, or result. The end result is also called a deliverable.

Answer 13

Project

Question 14

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

Answer 14

Project Environment

Question 15

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

Answer 15

The Project Management Institute (PMI)

Question 16

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

Answer 16

Project Management Office (PMO)

Question 17

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

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 Portfolio Management

Question 19

A smaller project managed within a larger, parent project. Subprojects are often contracted work whose deliverable allows the larger project to progress.

Answer 19

Subprojects

Question 20

This theory posits that time, cost, and scope are three constraints that every project has.

Answer 20

Triple Constraints of Project Management