CAPM Exam |196 Question with 100 % correct Answers | Verified

Cost Variance formula - Earned Value (EV) - Actual Cost (AC) What are the 6 constraints? - Scope, Risk, Resources, Quality, Schedule, Budget Initiating (Process Group) - Processes performed to define a new PROJECT or a new PHASE of an existing project Planning (Process Group) - Processes performed to establish total scope of effort, define and refine objectives, and develop a course of action to attain the objectives Executing (Process Group) - Processes performed to complete the work defined in the project management plan to satisfy objectives Monitoring & Controlling (Process Group) - Processes to track, review, and orchestrate progress and performance of a project How many processes are in EXECUTING? - 8 How many processes are in PLANNING? - 24 How many processes are in INITIATING? - 2 How many processes are in CLOSING? - 2 How many processes are in MONITORING & CONTROLLING? - 11 What are INPUTS? - Tools and Techniques you can use to DO the processWhat are OUTPUTS? - One or more things you can GET as a RESULT of doing the process