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PMP Exam (PMBOK 6th Edition)
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PMP Exam (PMBOK 6th Edition)
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PMP Exam (PMBOK 6th Edition)Adaptive life cycle - ANS-Change driven
Agile project management
Rapid iterations or project work
Backlog of requirements
Changes to the project scope are expected
Benefits management plan - ANS-Used to create, maximize, and sustain the project
benefits, to add value to the organization.
Target benefits - tangible & intangible value.
Strategic alignment - aligning the project with the business strategy.
Timeframe, benefits by phase, short-term, long-term, and ongoing, metrics,
assumptions, risks
Business case - ANS-Economic feasibility study
Validity of benefits the project will create
Future project management decisions and actions
Maintained throughout the project
Why the project is needed
Stakeholders affected
Identification of scope
Business problem
Organizational fit
Project sponsor is accountable for the development and maintenance of business case.
PM is responsible for providing recommendations. Business case could be a the
program level.
Business documents - ANS-Project business case
Project charter
Project management plan
Benefits management plan
These documents are used throughout the project. The documents are reviewed during
a phase gate (end of phase review).
Business Value - ANS-The benefits for the organization and stakeholders.
, Tangible and intangible business value.
Closing process group (1) - ANS-1. Close project or phase
Closing: Task 1 - ANS-Obtain final acceptance of the project deliverables from relevant
stakeholders in order to confirm that project scope and deliverables were achieved.
Closing: Task 2 - ANS-Transfer the ownership of deliverables to the assigned
stakeholders in accordance with the project plan in order to facilitate project closure.
Closing: Task 3 - ANS-Obtain financial, legal, and administrative closure using generally
accepted practices and policies in order to communicate formal project closure and
ensure transfer of liability.
Closing: Task 4 - ANS-Prepare and share the final project report according to the
communications management plan in order to document and convey project
performance and assist in project evaluation.
Closing: Task 5 - ANS-Collate lessons learned that were documented throughout the
project and conduct a comprehensive project review in order to update the
organization's knowledge base.
Closing: Task 6 - ANS-Archive project documents and materials using generally
accepted practices in order to comply with statutory requirements and for potential use
in future projects and audits.
Closing: Task 7 - ANS-Obtain feedback from relevant stakeholders using appropriate
tools and techniques and based on the stakeholder management plan in order to
evaluate their satisfaction.
Communications Management - ANS-Planning the communication strategies for
stakeholders.
Cost Management - ANS-Estimating costs to develop a budget and then control costs to
stick to the budget.
Enterprise environmental factors (EEF) - ANS-Rules and policies you must follow.
Executing process group (10) - ANS-1. Direct and manage project work
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