PMP Processes

Question 1

____ is the process of prioritizing individual project risks for further analysis or action by assessing their probability of occurrence and impact as well as other characteristics

The key benefit of this process is that it focuses efforts on high-priority risks. This process is performed throughout the project.

Answer 1

Perform Qualitative Risk Analysis

Risk, Planning

Output is: document updates (assumption log, issue log, risk register, risk report)

Question 2

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

The key benefits are that it provides a direct link between the project and the strategic objectives of the organization, creates a formal record of the project, and shows the organizational commitment to the project.

Includes:
- Project Purpose
- Measurable project objectives and related success criteria
- High-level requirements
- overall project risk
- summary milestone schedule
- preapproved financial resources
- key stakeholder list
- Project approval requirements (i.e., what constitutes project success, who decides the project is successful, and who signs off on the project) kept?
- project exit criteria

Answer 2

Develop Project Charter

Integration, Initiation

This project is performed once or at predefined points in the project.

Inputs include:
- business documents (business case, benefits mgmt plan)
- agreements
- EEF, OPA

Outputs include:
- Assumption Log
- Project Charter

Note: Changes to the project charter are never approved by the Project Manager!

The project charter contains the project success criteria

Question 3

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

The key benefit of this process is the production of a
comprehensive document that defines the basis of all project work and how the work will be performed.

Answer 3

Develop Project Management Plan

Integration, Planning

This process is performed once or at predefined points in the project.

Inputs:
- project charter
- outputs from other processes
- EEFs, OPAs

Outputs:
- Project Management Plan
- all 9 subsidiary management plans
- requirements management plan (establishes how the requirements will be analyzed, documented, and managed)
- change mgmt plan (how the change requests throughout the project will be formally authorized and incorporated)
- configuration management plan (how the information about the items of the project will be recorded and updated
- performance measurement baseline (An integrated scope-schedule-cost plan for the project work against which project execution is compared to measure and manage performance
- Project life cycle. Describes the series of phases that a project passes through from its initiation to its closure.

Question 4

______ is the process of leading and performing the work defined in the project management plan and implementing approved changes to achieve the project’s objectives.

The key benefit of this process is that it provides overall management of the project work and deliverables, thus improving the probability of project success.

Answer 4

Direct and Manage Project Work

Integration, Executing

This process is performed throughout the project.

Inputs:
- Project management plan (any component)
- project documents
- approved change requests
- EEFs, OPAs

Outputs include
- Deliverables
- Work Performance Data
- Issue Log
- others such as change requests, updates, etc

Question 5

_____ is the process of using existing knowledge and creating new knowledge to achieve the project’s objectives and contribute to organizational learning.

The key benefits of this process are that prior organizational knowledge is leveraged to produce or improve the project outcomes, and knowledge created by the project is available to support organizational operations and future projects or phases. This process is performed throughout the project.

Answer 5

Manage Project Knowledge

Integration, Executing

Outputs include:
- Lessons Learned Register

Question 6

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

The key benefits of this process are that it allows stakeholders to understand the current state of the project, to recognize the actions taken to address any performance issues, and to have visibility into the future project status with cost and schedule forecasts.

Answer 6

Monitor and Control Project Work

Integration, Monitoring and controlling

Outputs include:
- work performance reports

Question 7

_____ is 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.

This process reviews all requests for changes to project documents, deliverables, or the project management plan and determines the resolution of the change requests.

The key benefit of this process is that it allows for documented changes within the project to be considered in an integrated manner while addressing overall project risk, which often arises from changes made without consideration of the overall project objectives or plans.

Answer 7

Perform Integrated Change Control

Integration, Monitoring & Controlling

Outputs:
- Approved change requests

Question 8

What process involves implementing approved changes?

Answer 8

Direct and Manage Project Work

Question 9

What process outlines the project objectives?

Answer 9

Develop Project Charter

Question 10

The key benefits of this process are that it provides a direct link between the project and the strategic objectives of the organization, creates a formal record of the project, and shows the organizational commitment to the project.

Answer 10

Develop Project Charter

Question 11

The key benefit of this process is the production of a comprehensive document that defines the basis of all project work and how the work will be performed.

Answer 11

Develop Project Management Plan

Question 12

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

Answer 12

Develop Project Management Plan

Question 13

__ is the process of leading and performing the work defined in the project management plan and implementing approved changes to achieve the project’s objectives.

Answer 13

Direct and Manage Project Work

Question 14

The key benefit of this process is that it provides overall management of the project work and deliverables, thus improving the probability of project success.

Answer 14

Direct and Manage Project Work

Question 15

During this process, the work performance data is collected and communicated to the applicable controlling processes for analysis.

Answer 15

Direct and Manage Project Work

Question 16

___ is the process of using existing knowledge and creating new knowledge to achieve the project’s objectives and contribute to organizational learning.

Answer 16

Manage Project Knowledge

Question 17

The key benefits of this process are that prior organizational knowledge is leveraged to produce or improve the project outcomes, and knowledge created by the project is available to support organizational operations and future projects or phases.

Answer 17

Manage Project Knowledge

Question 18

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

Answer 18

Monitor and Control Project Work

Question 19

The key benefits of this process are that it allows stakeholders to understand the current state of the project, to recognize the actions taken to address any performance issues, and to have visibility into the future project status with cost and schedule forecasts.

Answer 19

Monitor & Control Project Work

Question 20

What process involves comparing actual project performance against the project management plan

Answer 20

Monitor & Control Project Work

Question 21

What process involves assessing performance periodically to determine whether any corrective or preventive actions are indicated, and then recommending those actions as necessary

Answer 21

Monitor & Control Project Work

Question 22

What process involves checking the status of individual project risks

Answer 22

Monitor & Control Project Work

Question 23

What process involves maintaining an accurate, timely information base concerning the project’s product(s) and their associated documentation through project completion;

Answer 23

Monitor & Control Project Work

Question 24

What process involves providing information to support status reporting, progress measurement, and forecasting

Answer 24

Monitor & Control Project Work

Question 25

What process involves providing forecasts to update current cost and current schedule information;

Answer 25

Monitor & Control Project Work

Question 26

What process involves monitoring implementation of approved changes as they occur

Answer 26

Monitor & Control Project Work

Question 27

What process involves providing appropriate reporting on project progress and status to program management when the project is part of an overall program

Answer 27

Monitor & Control Project Work

Question 28

What process involves ensuring that the project stays aligned with the business needs

Answer 28

Monitor & Control Project Work

Question 29

___ is 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.

Answer 29

Perform Integrated Change Control

Question 30

This process reviews all requests for changes to project documents, deliverables, or the project management plan and determines the resolution of the change requests.

Answer 30

Perform Integrated Change Control

Question 31

The key benefit of this process is that it allows for documented changes within the project to be considered in an integrated manner while addressing overall project risk, which often arises from changes made without consideration of the overall project objectives or plans.

Answer 31

Perform Integrated Change Control

Question 32

The key benefits of this process are the project or phase information is archived, the planned work is completed, and organizational team resources are released to pursue new endeavors.

Answer 32

Close Project or Phase

Question 33

The ___ process also establishes the procedures to investigate and document the reasons for actions taken if a project is terminated before completion. In order to successfully achieve this, the project manager needs to engage all the proper stakeholders in the process.

Answer 33

Close Project or Phase

Question 34

What process involves confirming the delivery and formal acceptance of deliverables by the customer

Answer 34

Close Project or Phase

Question 35

What process involves closing project accounts

Answer 35

Close Project or Phase

Question 36

What process involves:
- Confirming the formal acceptance of the seller’s work,
- Finalizing open claims

Answer 36

Close Project or Phase

Question 37

What process involves collecting any suggestions for improving or updating the policies and procedures of the organization, and sending them to the appropriate organizational unit.

Answer 37

Close Project or Phase

Question 38

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

Answer 38

Plan Scope Management

Question 39

The key benefit of this process is that it provides guidance and direction on how scope will be managed throughout the project.

Answer 39

Plan Scope Management

Question 40

___ is the process of determining, documenting, and managing stakeholder needs and requirements to meet objectives.

Answer 40

Collect Requirements

Question 41

___ is the process of developing a detailed description of the project and product.

Answer 41

Define Scope

Question 42

The key benefit of this process is that it describes the product, service, or result boundaries and acceptance criteria.

Answer 42

Define Scope

Question 43

In which process is a Scope Statement created?

Answer 43

Define Scope

Question 44

__ is the process of subdividing project deliverables and project work into smaller, more manageable components.

Answer 44

Create WBS

The key benefit of this process is that it provides a framework of what has to be delivered.

Question 45

___ is the process of formalizing acceptance of the completed project deliverables.

Answer 45

Validate Scope

The key benefit of this process is that it brings objectivity to the acceptance process and increases the probability of final product, service, or result acceptance by validating each deliverable.

Question 46

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

Answer 46

Control Scope

The key benefit of this process is that the scope baseline is maintained throughout the project.

Question 47

What process ensures scope creep doesn’t happen?

Answer 47

Control Scope

Controlling the project scope ensures all requested changes and recommended corrective or preventive actions are processed through the Perform Integrated Change Control process (see Section 4.6). Control Scope is also used to manage the actual changes when they occur and is integrated with the other control processes. The uncontrolled expansion to product or project scope without adjustments to time, cost, and resources is referred to as scope creep.

Question 48

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

Answer 48

Plan Schedule Management

The key benefit of this process is that it provides guidance and direction on how the project schedule will be managed throughout the project. This process is performed once or at predefined points in the project.

Question 49

Define Activities is the process of identifying and documenting the specific actions to be performed to produce the project deliverables.

Answer 49

Define Activities

Question 50

The key benefit of this process is that it decomposes work packages into schedule activities that provide a basis for estimating, scheduling, executing, monitoring, and controlling the project work.

Answer 50

Define Activities

Question 51

___ is the process of identifying and documenting relationships among the project activities.

Answer 51

Sequence Activities

The key benefit of this process is that it defines the logical sequence of work to obtain the greatest efficiency given all project constraints. This process is performed throughout the project.

Question 52

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

Answer 52

Estimate Activity Durations

Question 53

The key benefit of this process is that it provides the amount of time each activity will take to complete. This process is performed throughout the project.

Answer 53

Estimate Activity Durations

Question 54

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

Answer 54

Develop Schedule

The key benefit of this process is that it generates a schedule model with planned dates for completing project activities. This process is performed throughout the project.

Question 55

___ is the process of monitoring the status of the project to update the project schedule and managing changes to the schedule baseline.

Answer 55

Control Schedule

The key benefit of this process is that the schedule baseline is maintained throughout the project. This process is performed throughout the project.

Question 56

___ is the process of defining how the project costs will be estimated, budgeted, managed, monitored, and controlled.

Answer 56

Plan Cost Management

The key benefit of this process is that it provides guidance and direction on how the project costs will be managed throughout the project. This process is performed once or at predefined points in the project.

Question 57

__ is the process of developing an approximation of the cost of resources needed to complete project work.

Answer 57

Estimate Costs

The key benefit of this process is that it determines the monetary resources required for the project. This process is performed periodically throughout the project as needed.

Question 58

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

Answer 58

Determine Budget

The key benefit of this process is that it determines the cost baseline against which project performance can be monitored and controlled. This process is performed once or at predefined points in the project.

Question 59

___ is the process of monitoring the status of the project to update the project costs and managing changes to the cost baseline. The key benefit of this process is that the cost baseline is maintained throughout the project. This process is performed throughout the project.

Answer 59

Control Costs

The key benefit of this process is that the cost baseline is maintained throughout the project. This process is performed throughout the project.

Question 60

___ is 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.

Answer 60

Plan Quality Management is 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.

The key benefit of this process is that it provides guidance and direction on how quality will be managed and verified throughout the project. This process is performed once or at predefined points in the project.

Question 61

__ is the process of translating the quality management plan into executable quality activities that incorporate the organization’s quality policies into the project.

The key benefits of this process are that it increases the probability of meeting the quality objectives as well as identifying ineffective processes and causes of poor quality.

Answer 61

Manage Quality is the process of translating the quality management plan into executable quality activities that incorporate the organization’s quality policies into the project.

The key benefits of this process are that it increases the probability of meeting the quality objectives as well as identifying ineffective processes and causes of poor quality.

Manage Quality uses the data and results from the control quality process to reflect the overall quality status of the project to the stakeholders. This process is performed throughout the project.

Question 62

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

The key benefit of this process is verifying that project deliverables and work meet the requirements specified by key stakeholders for final acceptance.

This process determines if the project outputs do what they were intended to do. Those outputs need to comply with all applicable standards, requirements, regulations, and specifications.

Answer 62

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

The key benefit of this process is verifying that project deliverables and work meet the requirements specified by key stakeholders for final acceptance.

The Control Quality process determines if the project outputs do what they were intended to do. Those outputs need to comply with all applicable standards, requirements, regulations, and specifications.

Question 63

Which process verifies that project deliverables and work meet the requirements specified by key stakeholders for final acceptance?

Answer 63

Control Quality

Question 64

___ is the process of defining how to estimate, acquire, manage, and use team and physical resources.

The key benefit of this process is that it establishes the approach and level of management effort needed for managing project resources based on the type and complexity of the project. This process is performed once or at predefined points in the project.

Answer 64

Plan Resource Management is the process of defining how to estimate, acquire, manage, and use team and physical resources.

Resource planning is used to determine and identify an approach to ensure that sufficient resources are available for the successful completion of the project.

The key benefit of this process is that it establishes the approach and level of management effort needed for managing project resources based on the type and complexity of the project. This process is performed once or at predefined points in the project.

Question 65

___ is the process of estimating team resources and the type and quantities of materials, equipment, and supplies necessary to perform project work.

The key benefit of this process is that it identifies the type, quantity, and characteristics of resources required to complete the project.

Answer 65

Estimate Activity Resources is the process of estimating team resources and the type and quantities of materials, equipment, and supplies necessary to perform project work.

The key benefit of this process is that it identifies the type, quantity, and characteristics of resources required to complete the project.

Question 66

___ is the process of obtaining team members, facilities, equipment, materials, supplies, and other resources necessary to complete project work.

The key benefit of this process is that it outlines and guides the selection of resources and assigns them to their respective activities. This process is performed periodically throughout the project as needed.

Answer 66

Acquire Resources is the process of obtaining team members, facilities, equipment, materials, supplies, and other resources necessary to complete project work.

The key benefit of this process is that it outlines and guides the selection of resources and assigns them to their respective activities. This process is performed periodically throughout the project as needed.

Question 67

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

The key benefit of this process is that it results in improved teamwork, enhanced interpersonal skills and competencies, motivated employees, reduced attrition, and improved overall project performance.This process is performed throughout the project.

Answer 67

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

The key benefit of this process is that it results in improved teamwork, enhanced interpersonal skills and competencies, motivated employees, reduced attrition, and improved overall project performance.This process is performed throughout the project.

Question 68

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

The key benefit of this process is that it influences team behavior, manages conflict, and resolves issues. This process is performed throughout the project.

Answer 68

Manage Team is the process of tracking team member performance, providing feedback, resolving issues, and managing team changes to optimize project performance.

The key benefit of this process is that it influences team behavior, manages conflict, and resolves issues. This process is performed throughout the project.

Question 69

___ is 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 utilization of resources and taking corrective action as necessary.

The key benefit of this process is ensuring that the assigned resources are available to the project at the right time and in the right place and are released when no longer needed.

This process is performed throughout the project.

Answer 69

Control Resources is 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 utilization of resources and taking corrective action as necessary.

The key benefit of this process is ensuring that the assigned resources are available to the project at the right time and in the right place and are released when no longer needed.

This process is performed throughout the project.

Question 70

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

The key benefit of this process is a documented approach to effectively and efficiently engage stakeholders by presenting relevant information in a timely manner.

This process is performed periodically throughout the project as needed.

Answer 70

Plan Communications Management is the process of developing an appropriate approach and plan for project communications activities based on the information needs of each stakeholder or group, available organizational assets, and the needs of the project.

The key benefit of this process is a documented approach to effectively and efficiently engage stakeholders by presenting relevant information in a timely manner.

This process is performed periodically throughout the project as needed.

Question 71

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

The key benefit of this process is that it enables an efficient and effective information flow between the project team and the stakeholders.

This process is performed throughout the project.

Answer 71

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

The Manage Communications process identifies all aspects of effective communication, including choice of appropriate technologies, methods, and techniques. In addition, it should allow for flexibility in the communications activities, allowing adjustments in the methods and techniques to accommodate the changing needs of stakeholders and the project.

The key benefit of this process is that it enables an efficient and effective information flow between the project team and the stakeholders.

This process is performed throughout the project.

Question 72

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

The key benefit of this process is the optimal information flow as defined in the communications management plan and the stakeholder engagement plan. This process is performed throughout the project.

Answer 72

Monitor Communications is the process of ensuring the information needs of the project and its stakeholders are met.

The key benefit of this process is the optimal information flow as defined in the communications management plan and the stakeholder engagement plan. This process is performed throughout the project.

Question 73

Plan Risk Management is the process of defining how to conduct risk management activities for a project.

The key benefit of this process is that it ensures that the degree, type, and visibility of risk management are proportionate to both risks and the importance of the project to the organization and other stakeholders.

This process is performed once or at predefined points in the project.

Answer 73

___ is the process of defining how to conduct risk management activities for a project.

The key benefit of this process is that it ensures that the degree, type, and visibility of risk management are proportionate to both risks and the importance of the project to the organization and other stakeholders.

This process is performed once or at predefined points in the project.

Question 74

__ is the process of identifying individual project risks as well as sources of overall project risk, and documenting their characteristics.

The key benefit of this process is the documentation of existing individual project risks and the sources of overall project risk. It also brings together information so the project team can respond appropriately to identified risks.

This process is performed throughout the project.

Answer 74

Identify Risks is the process of identifying individual project risks as well as sources of overall project risk, and documenting their characteristics.

The key benefit of this process is the documentation of existing individual project risks and the sources of overall project risk. It also brings together information so the project team can respond appropriately to identified risks.

This process is performed throughout the project.

Question 75

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

The key benefit of this process is that it focuses efforts on high-priority risks. This process is performed throughout the project.

Answer 75

Perform Qualitative Risk Analysis is the process of prioritizing individual project risks for further analysis or action by assessing their probability of occurrence and impact as well as other characteristics.

The key benefit of this process is that it focuses efforts on high-priority risks. This process is performed throughout the project.

Perform Qualitative Risk Analysis establishes the relative priorities of individual project risks for Plan Risk Responses. It identifies a risk owner for each risk who will take responsibility for planning an appropriate risk response and ensuring that it is implemented. Perform Qualitative Risk Analysis also lays the foundation for Perform Quantitative Risk Analysis if this process is required.

Question 76

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

The key benefit of this process is that it quantifies overall project risk exposure, and it can also provide additional quantitative risk information to support risk response planning.

This process is not required for every project, but where it is used, it is performed throughout the project.

Answer 76

Perform Quantitative Risk Analysis is the process of numerically analyzing the combined effect of identified individual project risks and other sources of uncertainty on overall project objectives.

The key benefit of this process is that it quantifies overall project risk exposure, and it can also provide additional quantitative risk information to support risk response planning.

This process is not required for every project, but where it is used, it is performed throughout the project.

Question 77

___ is 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.

The key benefit of this process is that it identifies appropriate ways to address overall project risk and individual project risks. This process also allocates resources and inserts activities into project documents and the project management plan as needed.

This process is performed throughout the project.

Answer 77

Plan Risk Responses is 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.

The key benefit of this process is that it identifies appropriate ways to address overall project risk and individual project risks. This process also allocates resources and inserts activities into project documents and the project management plan as needed.

This process is performed throughout the project.

Question 78

___ is the process of implementing agreed-upon risk response plans.

The key benefit of this process is that it ensures that agreed-upon risk responses are executed as planned in order to address overall project risk exposure, minimize individual project threats, and maximize individual project opportunities.

This process is performed throughout the project.

Answer 78

Implement Risk Responses is the process of implementing agreed-upon risk response plans.

The key benefit of this process is that it ensures that agreed-upon risk responses are executed as planned in order to address overall project risk exposure, minimize individual project threats, and maximize individual project opportunities.

This process is performed throughout the project.

Question 79

___ is 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.

The key benefit of this process is that it enables project decisions to be based on current information about overall project risk exposure and individual project risks.

This process is performed throughout the project.

Answer 79

Monitor Risks is 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.

The key benefit of this process is that it enables project decisions to be based on current information about overall project risk exposure and individual project risks.

This process is performed throughout the project.

Question 80

___ is the process of documenting project procurement decisions, specifying the approach and identifying potential sellers.

The key benefit of this process is that it determines whether to acquire goods and services from outside the project and, if so, what to acquire as well as how and when to acquire it. Goods and services may be procured from other parts of the performing organization or from external sources.

This process is performed once or at predefined points in the project.

Answer 80

Plan Procurement Management is the process of documenting project procurement decisions, specifying the approach and identifying potential sellers.

The key benefit of this process is that it determines whether to acquire goods and services from outside the project and, if so, what to acquire as well as how and when to acquire it. Goods and services may be procured from other parts of the performing organization or from external sources.

This process is performed once or at predefined points in the project.

Question 81

___ is the process of obtaining seller responses, selecting a seller, and awarding a contract.

The key benefit of this process is that it selects a qualified seller and implements the legal agreement for delivery. The end results of the process are the established agreements including formal contracts. This process is performed periodically throughout the project as needed.

Answer 81

Conduct Procurements is the process of obtaining seller responses, selecting a seller, and awarding a contract.

The key benefit of this process is that it selects a qualified seller and implements the legal agreement for delivery. The end results of the process are the established agreements including formal contracts. This process is performed periodically throughout the project as needed.

Question 82

___ is the process of managing procurement relationships; monitoring contract performance, and making changes and corrections as appropriate; and closing out contracts.

The key benefit of this process is that it ensures that both the seller’s and buyer’s performance meet the project’s requirements according to the terms of the legal agreement. This process is performed throughout the project as needed.

Answer 82

Control Procurements is the process of managing procurement relationships; monitoring contract performance, and making changes and corrections as appropriate; and closing out contracts.

The key benefit of this process is that it ensures that both the seller’s and buyer’s performance meet the project’s requirements according to the terms of the legal agreement. This process is performed throughout the project as needed.

Question 83

___ is 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.

The key benefit of this process is that it enables the project team to identify the appropriate focus for engagement of each stakeholder or group of stakeholders. This process is performed periodically throughout the project as needed.

Answer 83

Identify Stakeholders is 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.

The key benefit of this process is that it enables the project team to identify the appropriate focus for engagement of each stakeholder or group of stakeholders. This process is performed periodically throughout the project as needed.

Question 84

___ is the process of developing approaches to involve project stakeholders based on their needs, expectations, interests, and potential impact on the project.

The key benefit is that it provides an actionable plan to interact effectively with stakeholders. This process is performed periodically throughout the project as needed.

Answer 84

Plan Stakeholder Engagement is the process of developing approaches to involve project stakeholders based on their needs, expectations, interests, and potential impact on the project.

The key benefit is that it provides an actionable plan to interact effectively with stakeholders. This process is performed periodically throughout the project as needed.

Question 85

___ is the process of communicating and working with stakeholders to meet their needs and expectations, address issues, and foster appropriate stakeholder involvement.

The key benefit of this process is that it allows the project manager to increase support and minimize resistance from stakeholders. This process is performed throughout the project.

Answer 85

Manage Stakeholder Engagement is the process of communicating and working with stakeholders to meet their needs and expectations, address issues, and foster appropriate stakeholder involvement.

The key benefit of this process is that it allows the project manager to increase support and minimize resistance from stakeholders. This process is performed throughout the project.

Question 86

___ is the process of monitoring project stakeholder relationships and tailoring strategies for engaging stakeholders through modification of engagement strategies and plans.

The key benefit of this process is that it maintains or increases the efficiency and effectiveness of stakeholder engagement activities as the project evolves and its environment changes. This process is performed throughout the project.

Answer 86

Monitor Stakeholder Engagement is the process of monitoring project stakeholder relationships and tailoring strategies for engaging stakeholders through modification of engagement strategies and plans.

The key benefit of this process is that it maintains or increases the efficiency and effectiveness of stakeholder engagement activities as the project evolves and its environment changes. This process is performed throughout the project.