PMP Lesson 1

Question 1

Develop Project Charter

Answer 1

The process of developing a document that formally authorizes the existence of a project & provides the project manager with the authority to apply organizational resources to project activities.

Question 2

Develop Project Management Plan

Answer 2

The process of defining, preparing, and coordinating all plan components and consolidating them into an integrated project management plan.

Question 3

Direct & Manage Project Work

Answer 3

Process of leading and performing the work defined in the project management plan and implementing approved changes to achieve the projects objectives.

Question 4

Manage Project Knowledge

Answer 4

The process of using existing knowledge and creating new knowledge to achieve the projects objectives and contribute to organizational learning.

Question 5

Monitor and Control Project Work

Answer 5

The process of tracking, reviewing, and reporting the overall progress to meet the performance objectives defined in the project management plan.

Question 6

Perform Integrated Change Control

Answer 6

The process of reviewing all change requests; approving changes and managing changes to deliverables, project documents, and the project management plan; and communicating the decisions.

Question 7

Close Project or Phase

Answer 7

The process of finalizing all activities for the project, phase, or contract.

Question 8

5. Project Scope Management

Answer 8

The process of creating a scope management plan that documents how the project and product scope will be defined, validated, and controlled.

Question 9

5. Collect Requirements

Answer 9

The process of determining, documenting, and managing stakeholder needs and requirements to meet project objectives.

Question 10

5. Define Scope

Answer 10

The process of developing a detailed description of the project and product.

Question 11

Create WBS

Answer 11

The process of subdividing project deliverables and project work into smaller, more manageable components.

Question 12

Validate Scope

Answer 12

The process of formalizing acceptance of the completed project deliverables.

Question 13

Control Scope

Answer 13

The process of monitoring the status of the project and product scope and managing changes to the scope baseline.

Question 14

Plan Schedule Management

Answer 14

The process of establishing the policies, procedures, and documentation for planning, developing, managing, executing, and controlling the project schedule.

Question 15

Define Activities

Answer 15

The process of identifying and documenting the specific actions to be performed to produce the project deliverables.

Question 16

Sequence Activities

Answer 16

The process of identifying and documenting relationships among the project activities.

Question 17

Estimate Activity Durations

Answer 17

The process of estimating the number o work periods needed to complete individual activities with the estimated resources.

Question 18

Develop Schedule

Answer 18

The process of analyzing activity sequences, durations, resource requirements, and schedule constraints to create the project schedule model for project execution and monitoring and controlling.

Question 19

Control Schedule

Answer 19

The process of monitoring the status of the project to update the project schedule and manage changes to the schedule baseline.

Question 20

Plan Cost Management

Answer 20

The process of defining how the project costs will be estimated, budgeted, managed, monitored, & controlled.

Question 21

Estimate Costs

Answer 21

The process of developing an approximation of the monetary resources needed to complete project work.

Question 22

Determine Budget

Answer 22

Process of aggregating the estimated costs of individual activities or work packages to establish an authorized cost baseline.

Question 23

Control Costs

Answer 23

The process of monitoring the status of the project to update the project costs & manage changes to the cost baseline.

Question 24

Plan Quality Management

Answer 24

The process of identifying quality requirements and/or standards for the project and its deliverables, and documenting how the project will demonstrate compliance with quality requirements and/or standards.

Question 25

Manage Quality

Answer 25

The process of translating the quality management plan into executable quality activities that incorporate the organizations quality policies into the project.

Question 26

Control Quality

Answer 26

The process of monitoring and recording the results of executing the quality management activities to assess performance and ensure the project outputs are complete, correct, and meet customer expectations.

Question 27

Plan Resource Management

Answer 27

The process of defining how to estimate, acquire, manage, and utilize physical and team resources.

Question 28

Estimate Activity Resources

Answer 28

The process of estimating team resources and the type of quantities of material, equipment, and supplies necessary to perform project work.

Question 29

Acquire Resources

Answer 29

The process of obtaining team members, facilites, equipment, materials, supplies, and other resources necessary to complete project work.

Question 30

Develop Team

Answer 30

The process of improving competencies, team member interaction, and the overall team environment to enhance project performance.

Question 31

Manage Team

Answer 31

The process of tracking team member performance, providing feedback, resolving issues, and managing team changes to optimize project performance.

Question 32

Control Resources

Answer 32

The process of ensuring that the physical resources assigned and allocated to the project are available as planned, as well as monitoring the planned versus actual use of resources, and performing corrective action as necessary.

Question 33

Plan Communications Management

Answer 33

The process of developing an appropriate approach and plan for project communication activities based on the information needs of each stakeholder or group, available organizational assets, and the needs of the project.

Question 34

Manage Communications

Answer 34

The process of ensuring timely and appropriate collection, creation, distribution, storage, retrieval, management, monitoring, and the ultimate disposition of project information.

Question 35

Monitor Communications

Answer 35

The process of ensuring the information needs of the project and its stakeholders are met.

Question 36

Plan Risk Management

Answer 36

The process of defining how to conduct risk management activities for a project.

Question 37

Identify Risks

Answer 37

The process of identifying individual project risks as well as sources of overall project risk

Question 38

Perform Qualitative Risk Analysis

Answer 38

The process of prioritizing individual project risks or further analysis or action by assessing their probability of occurrence and impact as well as other characteristics.

Question 39

Perform Quantitative Risk Analysis

Answer 39

The process of numerically analyzing the combined effect of identified individual project risks and other sources of uncertainty on overall project objectives.

Question 40

Plan Risk Responses

Answer 40

The process of developing options, selecting strategies, and agreeing on actions to address overall project risk exposure, as well as to treat individual project risks.

Question 41

Implement Risk Responses

Answer 41

The process of implementing agreed-upon risk response plans.

Question 42

Monitor Risks

Answer 42

The process of monitoring the implementation of agreed-upon risk response plans, tracking identified risks, identifying and analyzing new risks, and evaluating risk process effectiveness throughout the project.

Question 43

Plan Procurement Management

Answer 43

The process of documenting project procurement decisions, specifying approach, and identifying potential sellers.

Question 44

Conduct Procurements

Answer 44

The process of obtaining seller responses, selecting a seller, and awarding a contract.

Question 45

Control Procurements

Answer 45

The process of managing procurement relationships, monitoring contract performance, making changes and corrections as appropriate, and closing out contracts.

Question 46

Identify Stakeholders

Answer 46

The process of identifying project stakeholders regularly and analyzing and documenting relevant information regarding their interests, involvement, interdependencies, influence, and potential impact on project success.