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| Section | Weight | Objectives |
|---|
| Project Management Fundamentals and Core Concepts | 50% | - Project Stakeholder Management
- 1. Identify stakeholders
- 2. Manage stakeholder engagement
- 3. Plan stakeholder engagement
- 4. Monitor stakeholder engagement
- Project Cost Management
- 1. Determine budget
- 2. Plan cost management
- 3. Estimate costs
- 4. Control costs
- Understanding the Value of Project Management
- 1. Distinction between projects, programs, and portfolios
- 2. Benefits of project management
- 3. Role of project manager
- 4. Organizational project management (OPM)
- Project Scope Management
- 1. Collect requirements
- 2. Control scope
- 3. Define scope
- 4. Validate scope
- 5. Create WBS
- 6. Plan scope management
- Project Schedule Management
- 1. Define activities
- 2. Develop schedule
- 3. Estimate activity duration
- 4. Control schedule
- 5. Sequence activities
- 6. Plan schedule management
- Project Communications Management
- 1. Manage communications
- 2. Monitor communications
- 3. Plan communications management
- Project Risk Management
- 1. Plan risk responses
- 2. Plan risk management
- 3. Perform quantitative risk analysis
- 4. Identify risks
- 5. Perform qualitative risk analysis
- 6. Monitor risks
- 7. Implement risk responses
- Project Integration Management
- 1. Perform integrated change control
- 2. Manage project knowledge
- 3. Develop project management plan
- 4. Develop project charter
- 5. Direct and manage project work
- 6. Close project or phase
- 7. Monitor and control project work
- Project Management Framework
- 1. PMBOK Guide framework components
- 2. Project stakeholders and governance
- 3. Knowledge areas
- 4. Process groups (Initiating, Planning, Executing, Monitoring and Controlling, Closing)
- Project Resource Management
- 1. Plan resource management
- 2. Manage team
- 3. Control resources
- 4. Develop team
- 5. Acquire resources
- Project Quality Management
- 1. Control quality
- 2. Plan quality management
- 3. Manage quality
- Project Procurement Management
- 1. Control procurements
- 2. Conduct procurements
- 3. Plan procurement management
|
| Agile and Hybrid Methodologies | 20% | - Hybrid Approaches
- 1. Kanban basics
- 2. Blending predictive and agile methods
- 3. Scrum framework roles and events
- Agile Estimation and Planning
- 1. Story points and relative estimation
- 2. Velocity-based planning
- 3. Sprint planning and retrospectives
- Agile Principles and Mindset
- 1. Iterative and incremental delivery
- 2. Agile Manifesto values and principles
- 3. Early delivery and continuous improvement
- 4. Adaptive planning
|
| Predictive, Plan-Based Methodologies | 30% | - Predictive Tool Techniques
- 1. Work breakdown structure (WBS)
- 2. Critical path method (CPM)
- 3. Gantt charts
- 4. Network diagrams
- Predictive Methodology Principles
- 1. Requirements gathering and documentation
- 2. Sequential phases
- 3. Milestone-driven delivery
- 4. Waterfall approach characteristics
- Plan-Driven Process Implementation
- 1. Change control processes
- 2. Scope verification
- 3. Detailed planning and estimation
- 4. Baseline management
|
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PMI Certified Associate in Project Management (CAPM) Sample Questions (Q536-Q541):
NEW QUESTION # 536
Organizations perceive risks as:
- A. the effect of uncertainty on their project and organizational objectives.
- B. events that will inevitably impact project and organizational objectives.
- C. events which could have a negative impact on project and organizational objectives.
- D. the negative impact of undesired events on their project and organizational objectives.
Answer: A
Explanation:
According to the PMBOKGuide and the PMI Lexicon of Project Management Terms, the definition of risk is centered on the concept of " uncertainty. " Definition of Individual Project Risk: An uncertain event or condition that, if it occurs, has a positive or negative effect on one or more project objectives (such as scope, schedule, cost, and quality).
* The " Effect of Uncertainty " : This specific phrasing- " the effect of uncertainty " -is the standard definition used by both PMI and ISO 31000. It acknowledges that risk is not just about the event itself, but how the lack of certainty regarding that event influences the ability of the organization to reach its goals.
* Positive vs. Negative: Organizations view risk as a " double-edged sword. " While many people equate risk only with threats (negative), professional project management recognizes opportunities (positive risks) as well. Therefore, defining it simply as a " negative impact " (as in options C and D) is incomplete.
* Organizational Risk Appetite: How an organization perceives these uncertainties depends on its Risk Appetite (the degree of uncertainty it is willing to take on) and Risk Threshold (the level of impact at which a stakeholder may have a specific interest).
Comparison with other options:
A). events that will inevitably impact...: Risk is by definition uncertain. If an event is " inevitable " (100% probability), it is no longer a risk; it is a fact or an issue that must be managed as a known constraint.
* C. events which could have a negative impact...: This describes Threats. While correct in a narrow sense, it ignores the " Opportunities " side of risk management (positive risks).
* D. the negative impact of undesired events...: Similar to option C, this focuses exclusively on the negative aspect. Professional project management seeks to maximize opportunities just as much as it seeks to minimize threats.
NEW QUESTION # 537
Which is a major component of an agreement?
- A. Lessons learned register
- B. Risk register templates
- C. Procurement management plan
- D. Change request handling
Answer: C
NEW QUESTION # 538
In a weak matrix, the project managers role is:
- A. occasional
- B. full-time
- C. part-time
- D. unlimited
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Project managers have the highest level of power and authority in a projectized organization. They also have high levels of power and authority in a strong matrix; however, a matrix organization is a blend of functional and projectized organizations, and therefore, the project manager does not have quite the same level of authority as they would in a projectized organization.
NEW QUESTION # 539
To ensure stakeholder satisfaction; identified stakeholder needs should all be
- A. Ranked from greatest to least
- B. Vetted
- C. Qualified
- D. Documented in the stakeholder engagement plan
Answer: B
NEW QUESTION # 540
What risk response strategy involves removing high- risk scope elements from a project?
- A. Transfer
- B. Avoid
- C. Accept
- D. Exploit
Answer: B
Explanation:
In accordance with the PMBOKGuide, the Plan Risk Responses process identifies several strategies for dealing with negative risks or threats.
Avoid: Risk avoidance is a strategy where the project team acts to eliminate the threat or protect the project from its impact. This typically involves changing the project management plan to eliminate the risk entirely.
Common examples of avoidance include extending the schedule, changing the strategy, or, as mentioned in the question, reducing or removing scope that is deemed too high-risk for the organization to manage.
* Transfer: This involves shifting the impact and ownership of a threat to a third party (e.g., through insurance, performance bonds, or warranties). It does not eliminate the risk from the project scope; it simply makes another party responsible for the financial consequences.
* Exploit: This is a strategy used for positive risks (opportunities), not threats. It seeks to ensure that the opportunity is realized.
* Accept: This strategy indicates that the project team has decided not to act against a risk. It can be passive (doing nothing) or active (establishing a contingency reserve).
Per PMI standards, when a project manager decides that a specific technical deliverable or scope element is beyond the team ' s risk appetite, the most effective way to " Avoid " that risk is to remove that requirement from the project scope statement.
NEW QUESTION # 541
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