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PMI CAPM Exam is designed to assess an individual’s knowledge and understanding of the five process groups and ten knowledge areas that are outlined in the PMBOK (Project Management Body of Knowledge) Guide. The five process groups include initiating, planning, executing, monitoring and controlling, and closing. The ten knowledge areas include integration, scope, time, cost, quality, resource, communication, risk, procurement, and stakeholder management. CAPM Exam consists of 150 multiple-choice questions and must be completed within three hours.
NEW QUESTION # 720
Which of the following documents should the project manager update as a result of implementing the Plan Risk Responses process?
Answer: B
NEW QUESTION # 721
Budgets reserved for unplanned changes to project scope and cost are:
Answer: D
NEW QUESTION # 722
What is the role of project management in terms of organizational strategy?
Answer: C
NEW QUESTION # 723
The risk response strategy in which the project team acts to reduce the probability of occurrence or impact of a risk is known as:
Answer: D
NEW QUESTION # 724
An input required to develop a preliminary project scope statement is:
Answer: D
Explanation:
Explanation/Reference:
Explanation:
13.2.1.4 Organizational Process Assets
Described in Section 2.1.4. All organizational process assets are used as inputs for the Plan Stakeholder Management process. Of these, lessons learned database and historical information are of particular importance, because they provide insights on previous stakeholder management plans and their effectiveness. These can be used to plan the stakeholder management activities for the current project.
The project team must complete a scope statement for developing a common understanding of the project scope among stakeholders. This lists project deliverables - summary level sub-products, whose full and satisfactory delivery marks the completion of the project.
NEW QUESTION # 725
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