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  1. Home
  2. PMI Certification
  3. CAPM Exam
  4. PMI.CAPM.v2022-04-08.q645 Dumps
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Question 276

Which output is the approved version of the time-phased project budget?

Correct Answer: D
Explanation/Reference:
Explanation:
A project budget includes all the funds authorized to execute the project. The cost baseline is the approved version of the time-phased project budget, but excludes management reserves.
7.3.3.1 Cost Baseline
The cost baseline is the approved version of the time-phased project budget, excluding any management reserves, which can only be changed through formal change control procedures and is used as a basis for comparison to actual results. It is developed as a summation of the approved budgets for the different schedule activities.
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Question 277

The project manager is using co-location and providing training to the project team. On which of the following Project Resource Management processes is the project manager working?

Correct Answer: C
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Question 278

A process is defined as:

Correct Answer: A
Section: Volume E
Explanation/Reference:
Explanation:
PROJECT MANAGEMENT PROCESSES
Project management is the application of knowledge, skills, tools, and techniques to project activities to meet the project requirements. This application of knowledge requires the effective management of the project management processes.
A process is a set of interrelated actions and activities performed to create a pre-specified product, service, or result. Each process is characterized by its inputs, the tools and techniques that can be applied, and the resulting outputs. As explained in Section 2, the project manager needs to consider organizational process assets and enterprise environmental factors. These should be taken into account for every process, even if they are not explicitly listed as inputs in the process specification. Organizational process assets provide guidelines and criteria for tailoring the organization's processes to the specific needs of the project. Enterprise environmental factors may constrain the project management options.
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Question 279

Which is an output from Distribute Information?

Correct Answer: C
Section: Volume D
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Question 280

Which type of estimating is used to improve the accuracy of an activity's duration?

Correct Answer: D
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