PROJECT MANAGEMENT FUNDAMENTALS

Question 1

PMBOK GUIDE

Answer 1

The PMI Publication that defines widely accepted project management practices. The CAPM and PMP are based on this book.

Question 2

APPLICATION AREAS

Answer 2

The areas of expertise, industry, or function where a project is centered. Examples include architecture, IT, Healthcare, and manufacturing.

Question 3

BUSINESS VALUE

Answer 3

A quantifiable return on investment. Return can be tangible such as brand recognition, trademarks and reputation.

Question 4

CAPM

Answer 4

A person who has slightly less project management experience than a PMP. But who as qualified for and passed the CAPM.

Question 5

CULTURAL AND SOCIAL ENVIRONMENT

Answer 5

Defines how a project affects people and how those people may affect the project. Cultural and Social environment include the economic, educational, demographic, and ethnic composition for people affected by project.

Question 6

DELIVERABLE

Answer 6

A product, service , or result created by a project. Projects can have multiple deliverables.