PMI-002 Exam Dumps - Certified Associate in Project Management (CAPM) Certification

Root cause analysis: A technique to identify the underlying cause of a problem and take steps to prevent further occurrence.

If your cost performance index is above 1.0, it indicates that you have costs that are less then estimated. CPI = EV/AC (Earned value/ Actual cost)

Balanced matrix: Power is shared between both Functional and Project Manager. In this case you include the functional manager in the meeting therefore it is Balanced matrix organization.

Project Quality Management includes : Customer satisfaction, Prevention over inspection, Continuous improvement, Management responsibility

Projects are seeded from the recognition of a regulatory or business need.

Project manager is ultimately responsible for the project quality.

It is both bad and unprofessional to knowingly offer an estimate that is incorrect

Define Scope involves subdividing the major project deliverables into smaller, more manageable components to: Improve the accuracy of cost, time and resource estimates. Define a baseline for performance measurement and control. Facilitate clear responsibility assignments.