PMP Principles/Domains

Question 1

What four values is PMI based on?

Answer 1

Responsibility
Respect
Fairness
Honesty

Question 1

What are principles?

Answer 1

Serve as foundational guidelines for strategy, decision making, and problem solving.
Professional standards and methodologies are often based on principles.
Provide guidance for the behavior of people involved in projects.

Question 2

What are the 12 principles of project management?

Answer 2

Stewardship (includes integrity, care, trustworthiness and compliance - being entrusted with something)
Team (teams that can work collaboratively - affected by team agreements, org structure, and processes)
Stakeholders (influence projects, performance, and outcomes)
Value (ultimate indicator of project success, can be realized throughout the project, at the end or after)
Systems Thinking (entails a holistic view of how projects parts interact with each other)
Leadership (adapt to fit the team, different than authority)
Tailoring (every project is unique, method should be based on the needs of the project, this is iterative))
Quality (ensures processes are effective)
Complexity (outcome of human behavior, system interactions, uncertainty, and ambiguity - can be introduced by events or conditions)
Risk
Adaptability and Resiliency
Change

Question 3

What is the stakeholder performance domain?

Answer 3

It addresses activities and functions associated with stakeholders.

Question 4

What are the cycle steps for stakeholders?

Answer 4

Identify, understand and analyze, prioritize, engage, and monitor

Question 5

What is servant leadership?

Answer 5

Based on the understanding and addressing the needs and development of project team members.
They place emphasis on developing project team by focusing on addressing questions.
Behaviors include: removing obstacles, diversion shield

Question 6

What domain addresses activities and functions associated with stakeholders?

Answer 6

Stakeholder performance domain

Question 7

What domain deals with activities and functions associated with the people are responsible for creating project deliverables that realize business outcomes?

Answer 7

Team Performance Domains

Question 8

What domain deals with activities and functions associated with the development approach, cadence, and life cycle phases of the project?

Answer 8

Development Approach and Life Cycle performance domain

Question 9

What are the 12 PM principles?

Answer 9

Stewardship
Team
Stakeholders
Value
Systems Thinking
Leadership
Tailoring
Quality
Complexity
Risk
Adaptability & Resilience
Change

Question 10

What are the PM domains?

Answer 10

Stakeholders
Team
Development Approach & Life Cycle
Planning
Project Work
Delivery
Measurement
Uncertainty

Question 11

What domain deals with activities and functions associated with establishing project processes, managing physical resources, and fostering a learning environment?

Answer 11

Project Work domain

Question 12

What are outcomes of the project work domain?

Answer 12

Efficient and effective project performance
Project processes are suitable for the project and environment
Communication with stakeholders
Management of physical resources
Management of procurements

Question 13

What are some outcomes of the planning performance domain?

Answer 13

Project moves in an organized, coordinated, and deliberate manner
Holistic approach to providing the project outcomes
Evolving information is elaborated
Time spent planning is appropriate
Planning is sufficient to management stakeholder expectation
Process for the adaptation of plans

Question 14

What domain deals with activities and functions associated with delivering the scope and quality that the project was undertaken to achieve?

Answer 14

Project delivery

Question 15

What are some outcomes of the project delivery domain?

Answer 15

Projects contribute to business objectives, projects realize the outcomes, project benefits are realized int he time frame, project team has an understanding of the requirements, stakesholders accept and are satisfied with project deliverable

Question 16

What domains deals with activities and functions associated with assessing project performance and taking appropriate actions to maintain acceptable performance?

Answer 16

Measurement Performance domain

Question 17

What are some outcomes for the measurement performance domain?

Answer 17

Reliable understanding of the status of the project
actionable data to enable decision making
timely and appropriate actions to keep the project on track
achieving targets and generating business value

Question 18

What are KPIs?

Answer 18

Leading Indicators (predict change or trends in project)
or
Lagging indicators (measure project deliverables or events after the fact)

Question 19

Which domain deals with activities and functions associate with risk and uncertainty?

Answer 19

Uncertainty performance domain

Question 20

What are some outcomes of uncertainty performance domain when effectively executed?

Answer 20

Awareness of the environment in which projects occur
Proactively explore and respond to uncertainty
Awareness of the interdependence of multiple variables on the project
Capacity to anticipate threats and opportunities
Project delivery with little or no negative impact
Cost and schedule reserves are utilized