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Topics Covered by CAPM Exam
To prepare for the CAPM exam, candidates need to grasp information related to the following sections:
- Managing Project Quality: This is about comprehending the three processes of project management, the input, techniques, output, and tools as defined in those processes, why quality management should be adapted in various project environments and quality tools alongside approaches that will ensure continuous improvement.
- Basics of Project Management: This area is about understanding the standard project lifecycle, the five process groups of project management, and recognizing how projects, portfolio, operational as well as program management relate to each other. Also, understanding the functions & usage of tailoring from varied projects is important.
- Managing Procurement in Projects: It exposes the three project management processes, output, tools, techniques, and input in processes like these, core concepts in addition to tailoring considerations for procurement management, which includes emerging practices alongside trends, varied agreements, contracts, and methods for source selection.
- Project Stakeholder Management: The final domain covers the knowledge of the four processes for project stakeholder management, the tools, techniques, output, and input as defined in these processes, recognizing the key roles as well as needs of stakeholders, and identifying the core concepts together with advantages related to stakeholder management.
- Managing Project Resources: This topic includes defining the six processes of a project, identifying the techniques, input, tools, and output in these processes, and knowing the core concepts & trends that include tailoring as well as special considerations meant for adaptive or agile environments. The parts on techniques used to develop a team, how to manage conflict & resolve problems related to resources, and understanding the elements of a plan for resource management as well as techniques for data representation are covered there as well.
- Project Environment: This section deals with factors that influence the final result of a project, organizational systems as well as their differences, hierarchy of portfolios, programs, and projects, and the knowledge of how the management office of a project functions and what its purposes are.
- Integration Management in Projects: Within this domain, covered are the seven processes of project management, input, techniques, outputs and tools, the importance of project integration, and procedures & concepts involved in change management of projects. It is also about considerations related to managing integration for projects, key documentation as well as knowledge management methods.
- Managing Costs in Projects: It concerns the four processes of project management, the tools, techniques, inputs, and outputs relating to such processes together with some key concepts dealing with cost management such as tailoring as well as special considerations targeting adaptive or agile environments. Covered as well is knowing and applying methods for basic forecasting as well as earned value techniques.
- Scope Management in Projects: This objective concerns the six processes of project management, tools, techniques, output, and input in those processes, and key concepts as well as considerations for tailoring scope management and the core roles related to scope management. The areas of elements of a WBS (Work Breakdown Structure) related to both project scope and product & scope management targeting agile or adaptive projects are also present.
PMI CAPM (Certified Associate in Project Management) exam is a globally recognized certification exam that validates an individual’s knowledge and understanding of project management principles, terminology, and practices. The CAPM certification is designed to help aspiring project managers gain a foundational understanding of project management concepts and techniques, and to provide them with a competitive edge in the job market. CAPM exam is offered by the Project Management Institute (PMI), a non-profit professional association that promotes best practices in project management.
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PMI Certified Associate in Project Management (CAPM) Sample Questions (Q1212-Q1217):
NEW QUESTION # 1212
Inputs to the Plan Risk Management process include the:
- A. activity list,
- B. risk management plan,
- C. cost management plan.
- D. risk register.
Answer: C
NEW QUESTION # 1213
What is one of the main purposes of the project chatter?
- A. Formal definition of stakeholder roles and responsibilities
- B. Formal authorization of the existence of the project
- C. Formal acceptance of the project management plan
- D. Formal approval of the detailed project budget
Answer: B
NEW QUESTION # 1214
In the Plan Procurement Management process, which source selection criteria analyzes if the seller's proposed technical methodologies, techniques, solutions, and services meet the procurement documents requirements?
- A. Business size and type
- B. Technical capability
- C. Production capacity and interest
- D. Technical approach
Answer: D
Explanation:
Section: Volume B
Explanation
Explanation:
12.1.3.3 Procurement Documents
Procurement documents are used to solicit proposals from prospective sellers. Terms such as bid, tender, or quotation are generally used when the seller selection decision will be based on price (as when buying commercial or standard items), while a term such as proposal is generally used when other considerations, such as technical capability or technical approach are paramount. Common terms are in use for different types of procurement documents and may include request for information (RFI), invitation for bid (IFB), request for proposal (RFP), request for quotation (RFQ), tender notice, invitation for negotiation, and invitation for seller's initial response. Specific procurement terminology used may vary by industry and location of the procurement.
The buyer structures procurement documents to facilitate an accurate and complete response from each prospective seller and to facilitate easy evaluation of the responses. These documents include a description of the desired form of the response, the relevant procurement statement of work (SOW) and any required contractual provisions. With government contracting, some or all of the content and structure of procurement documents may be defined by regulation.
The complexity and level of detail of the procurement documents should be consistent with the value of, and risks associated with, the planned procurement. Procurement documents are required to be sufficient to ensure consistent, appropriate responses, but flexible enough to allow consideration of any seller suggestions for better ways to satisfy the same requirements.
Issuing a procurement request to potential sellers to submit a proposal or bid is normally done in accordance with the policies of the buyer's organization, which can include publication of the request in public newspapers, in trade journals, in public registries, or on the internet.
Process: 12.1 Plan Procurement Management
Definition: The process of documenting project procurement decisions, specifying the approach, and identifying potential sellers.
Key Benefit: The key benefit of this process is that it determines whether to acquire outside support, and if so, what to acquire, how to acquire it, how much is needed, and when to acquire it.
Inputs
1. Project management plan
2. Requirements documentation
3. Risk register
4. Activity resource requirements
5. Project schedule
6. Activity cost estimates
7. Stakeholder register
8. Enterprise environmental factors
9. Organizational process assets
Tools & Techniques
1. Make-or-buy analysis
2. Expert judgment
3. Market research
4. Meetings
Outputs
1. Procurement management plan
2. Procurement statement of work
3. Procurement documents
4. Source selection criteria
5. Make-or-buy decisions
6. Change requests
7. Project documents updates
NEW QUESTION # 1215
What does 'verified' in verified deliverable represent?
- A. The customer acceptance of a deliverable
- B. The correctness of a deliverable
- C. The completeness of a deliverable
- D. The deliverable requirements
Answer: B
NEW QUESTION # 1216
Documented identification of a flaw in a project component together with a recommendation is termed a:
- A. non-conformance report,
- B. preventive action.
- C. corrective action.
- D. defect repair.
Answer: D
Explanation:
Section: Volume D
NEW QUESTION # 1217
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