Cost Variance formula Correct Ans ➡ Earned Value (EV) - Actual Cost
(AC)
What are the 6 constraints? Correct Ans ➡ Scope, Risk, Resources,
Quality, Schedule, Budget
Initiating (Process Group) Correct Ans ➡ Processes performed to define
a new PROJECT or a new PHASE of an existing project
Planning (Process Group) Correct Ans ➡ 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) Correct Ans ➡ Processes performed to
complete the work defined in the project management plan to satisfy
objectives
Monitoring & Controlling (Process Group) Correct Ans ➡ Processes to
track, review, and orchestrate progress and performance of a project
How many processes are in EXECUTING? Correct Ans ➡ 8
How many processes are in PLANNING? Correct Ans ➡ 24
How many processes are in INITIATING? Correct Ans ➡ 2
How many processes are in CLOSING? Correct Ans ➡ 2
How many processes are in MONITORING & CONTROLLING? Correct Ans
➡ 11
What are INPUTS? Correct Ans ➡ Tools and Techniques you can use to
DO the process
,What are OUTPUTS? Correct Ans ➡ One or more things you can GET as a
RESULT of doing the process
How many processes are there? Correct Ans ➡ 47
How many knowledge areas are there? Correct Ans ➡ 10
What are the 10 knowledge areas? Correct Ans ➡ Integration, Scope,
Time, Cost, Quality, Human Resources, Communication, Risk, Procurement,
Stakeholder
Closing (Process Group) Correct Ans ➡ Processes to conclude all
activities across all process groups of a project
Validate Scope: What process group? What knowledge area? Correct Ans
➡ Monitoring & Controlling (PG)
Scope Management (KA)
Validate Scope: What Tools and Techniques? Correct Ans ➡ Inspection
Group Decision Making
Develop Project Charter: What process group? What knowledge area?
Correct Ans ➡ Initiating (PG)
Integration Management (KA)
Develop Project Charter: What Tools and Techniques? Correct Ans ➡
Expert Judgement
Facilitation Techniques
Create WBS: What process group? What knowledge area? Correct Ans ➡
Planning (PG)
Scope Management (KA)
Create WBS: What Tools and Techniques? Correct Ans ➡ Decomposition
Expert Judgement
Plan Scope Management: What process group? What knowledge area?
Correct Ans ➡ Planning (PG)
Scope Management (KA)
, Plan Scope Management: What Tools and Techniques? Correct Ans ➡
Expert Judgement
Meetings
Direct & Manage Project Work: What process group? What knowledge area?
Correct Ans ➡ Executing (PG)
Integration Management (KA)
Direct & Manage Project Work: What Tools and Techniques? Correct Ans
➡ Expert Judgement
PMIS
Meetings
Monitor & Control Project Work: What process group? What knowledge area?
Correct Ans ➡ Monitoring and Controlling (PG)
Integration Management (KA)
Monitor & Control Project Work: What Tools and Techniques? Correct Ans
➡ Expert Judgement
Analytical Techniques
PMIS
Meetings
Perform Integrated Change Control: What process group? What knowledge
area? Correct Ans ➡ Monitoring and Controlling (PG)
Integration Management (KA)
Perform Integrated Change Control: What Tools and Techniques? Correct
Ans ➡ Expert Judgement
Meetings
Change Control Tools
Close Project or Phase: What process group? What knowledge area? Correct
Ans ➡ Closing (PG)
Integration Management (KA)
Close Project or Phase: What Tools and Techniques? Correct Ans ➡
Expert Judgement
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Studycafe. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $19.99. You're not tied to anything after your purchase.