Pmi code of ethics - Study guides, Class notes & Summaries

best practice - Answer An optimal way recognized by industry to achieve a stated goal or objective critical path - Answer The longest path through a network diagram that determines the earliest completion of a project enterprise project management software - Answer • Software that integrates information from multiple projects to show the status of active, approved, and future projects across an entire organization; also called portfolio project management software Gantt chart - Answer...

PMP Exam Practice- Questions & Answers. VERIFIED/ A project charter that formally authorized a project was created. The project charter documented the initial requirements to satisfy stakeholders' needs and expectations. How often should the project charter be revised? - -Never Which of the following roles in a project is most likely to be involved in negotiations on procurements during the Conduct Procurements phase? - -Procurement administrator (pg 380) Lucy has to brief her key pr...

CISA Flashcards Protection of Information Assets Exam 99 Questions with Verified Answers Define the following terms: decompiling, modular stage, due care, negligence, basic care, ordinary care, and extraordinary care. - CORRECT ANSWER Decompiling is the act of dividing a large auditing task into smaller audits so that all objectives and requirements can be met Modular stage is a type of audit created by decompiling. Due care is the degree of care for a client that auditors must demonstrate w...

PMP Exam - Chapter 1 Questions & Answers 2023/2024 PMBOK Guide - ANSWER-Contains the globally recognized standard and guide for the project management profession. Standard - ANSWER-A formal document that describes established norms, methods, processes, and practices. They do not address all details of every topic. Annex A1 - ANSWER-The standard for project management and presents the processes, inputs, and outputs that are considered to be good practice on most projects most of the time...

CAPM Exam Prep, PMI, PMBOK 6th Edition 1297 Questions with Verified Answers 360-degree appraisal - CORRECT ANSWER A performance review completed by a person's peers, manager, and subordinates. It's called a 360-degree appraisal as it's a circle of reviews by people at different levels of an organization. Acceptance - CORRECT ANSWER This is a response to a risk event, generally made when the probability of the event and/or impact are small. It is used when mitigation, transference, or av...

PMP Exam Prep rated A+ Already passed 2023Who can authorize a project? - correct answer Projects are authorized by someone external to the project such as a project sponsor, project management office (PMO), or portfolio steering committee. A project manager does not authorize the project. [PMBOK® Guide 6th edition, Page 77] Who cannot authorize a project? - correct answer the project manager 13. Debby has been working as a project manager for a company that designs precision instruments f...

Project Risk Management questions and answers verified and updated. Project Risk - correct answers.Project Risk is an uncertain event or condition that, if it occurs, has a positive or negative effect on a project's objectives. What's the role of Risk Management? - correct answers.1. It addresses the uncertainty in project estimates and assumptions 2. It's not a substitute for other PM processes 3. It's applicable throughout a project life cycle 4. It provides ...

Exam Question Master 1 T/F - Real estate professionals provide knowledge of market conditions - ANS True The product that real estate licensees market is - ANS Expert Information Real estate professionals provide expert information in three areas: - ANS Property transfer, market conditions, and how to market real estate and businesses. D.B.P.R (Department of Business and Professional Regulation) main office location - ANS - Located in Tallahassee, FL. DRE (Divisio...

Chapter 3 - Organizational Capability: Structure, Culture and Roles TRUE/FALSE 1. In a functional organization, staff are grouped by areas of specialization and managed by a person with expertise in that area. ANS: T DIF: Easy REF: P. 54 OBJ: CPMT.KLOP.15.03.01 NAT: BUSPROG.CPMT.KLOP.15.03 KEY: Bloom's: Knowledge 2. In a projectized organization the functional manager has the most control. ANS: F DIF: Moderate REF: P. 55 OBJ: CPMT.KLOP.15.03.01 NAT: BUSPROG.CPMT.KLOP.15.03 KEY: Bloom's: Co...

Chapter 3 - Organizational Capability: Structure, Culture and Roles TRUE/FALSE 1. In a functional organization, staff are grouped by areas of specialization and managed by a person with expertise in that area. ANS: T DIF: Easy REF: P. 54 OBJ: CPMT.KLOP.15.03.01 NAT: BUSPROG.CPMT.KLOP.15.03 KEY: Bloom's: Knowledge 2. In a projectized organization the functional manager has the most control. ANS: F DIF: Moderate REF: P. 55 OBJ: CPMT.KLOP.15.03.01 NAT: BUSPROG.CPMT.KLOP.15.03 KEY: Bloom's: Co...