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A series of questions and answers related to the planning processes within project management, specifically tailored for capm exam preparation. It covers key areas such as collecting requirements, defining activities, planning procurements, creating the work breakdown structure (wbs), determining the budget, defining scope, estimating activity durations, developing a resource management plan, planning risk responses, identifying risks, estimating activity resources, planning risk management, performing qualitative and quantitative risk analysis, planning communications management, developing the project schedule, developing the project management plan, planning quality management, estimating costs, and sequencing project activities. Each question is paired with the correct answer, making it a useful study aid for exam preparation. The document focuses on understanding the various processes involved in project planning and their interrelationships.
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As a project manager you'll need to gather the stakeholder requirements your project is required to satisfy to consider the project complete: correct answer Collect Requirements Once you've created the project scope and the WBS, the project manager and project team will define the exact activities that need to complete in order to create the elements of the WBS and scope correct answer Define Activities Based on the needs of the project, the organizational procedures, and the project budget, the procurements for the project are identified and planned for correct answer Plan Procurements Once you've created the Project Scope Statement, you'll decompose the project scope into this document correct answer Work Breakdown Structure Once you've created the WBS, you can examine the aggregate costs of the individual elements to create a budget and a cost baseline correct answer Determine Budget Based on the stakeholder requirements the project scope statement defines what is and is not included in the project correct answer Define Scope Stakeholders will need you and the project team to create time estimates for the duration of the project work and the duration of the project correct answer Estimate Activity Durations The organizational rules and structure may restrict the extent of this process, which establishes the ground rules, management, discipline, rewards and recognition system, and other facets of human resource management for the project correct answer Develop Resource Management Plan There are seven of these that can be used within this risk management processes correct answer Plan Risk Responses
This is an iterative project management process that examines the project for risks that may threaten any of the project objectives correct answer Identify Risks This process determines the people, materials, equipment, and other necessities to complete the project work correct answer Estimate Activity Resources This project management process defines the risk management approach to be used within the project correct answer Plan Risk Management This process is based on the outputs of the Qualitative Risk Analysis. It is an in-depth review of the identified risks correct answer Perform Quantitative Risk Analysis This project management planning process defines who will get what information and when correct answer Plan Communications Management This process requires that you examine the project team calendars, resources availability, the organization calendars, and the duration of the project work to schedule when the project work may take place correct answer Develop the Project Schedule This project management process creates the overall project management plan to communicate the intent and method of accomplishing the project's objectives correct answer Develop the Project Management Plan You will define the expectations of the stakeholders, requirements of the organization, regulations, and other factors are considered to plan for the important component of project management correct answer Plan Quality Management You will need to evaluate the costs of the resources and activities for each element in the WBS to predict the cost of the project correct answer Estimate Costs