PDF Certified associate in project management (capm)® exam official cert guide vijay kanabar & arthu

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Certified Associate in Project Management (CAPM)® Exam

Official Cert Guide

Vijay Kanabar
Arthur P. Thomas
Thomas Lechler

Certified Associate in Project Management (CAPM)® Exam Official Cert Guide

Copyright © 2023 by Pearson Education, Inc.

All rights reserved. No part of this book shall be reproduced, stored in a retrieval system, or transmitted by any means, electronic, mechanical, photocopying, recording, or otherwise, without written permission from the publisher. No patent liability is assumed with respect to the use of the information contained herein. Although every precaution has been taken in the preparation of this book, the publisher and author assume no responsibility for errors or omissions. Nor is any liability assumed for damages resulting from the use of the information contained herein.

ISBN-13: 978-0-13-791809-6

ISBN-10: 0-13-791809-7

Library of Congress Control Number: 2023930980

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Contents at a Glance

Introduction

Part I Project Management Fundamentals

Chapter 1 Becoming a Certified Associate in Project Management (CAPM)®

Chapter 2 Projects and Project Management

Chapter 3 Organizing for Project Performance

Chapter 4 Development Approach and Life Cycle Performance Domain

Part II Predictive Approach

Chapter 5 Planning, Project Work, and Delivery: Predictive Methodologies

Chapter 6 Project Work and Delivery

Part III Adaptive Approach

Chapter 7 Planning, Project Work, and Delivery: Adaptive Approaches

Chapter 8 Overview of Adaptive Frameworks

Chapter 9 Measurement, Tracking, and Managing Uncertainty

Part IV Business Analysis

Chapter 10 Business Analysis Frameworks

Chapter 11 Business Analysis Domains

Chapter 12 Tailoring and Final Preparation

Part V Appendixes

Appendix A Answers to the “Do I Know This Already?” Quizzes

Appendix B PMI Project Management Process Groups and Processes

Appendix C PMBOK 7 Project Performance Domains and Project Management Principles

Appendix D PMICertifiedAssociateinProject Management(CAPM)® ExamOfficialCertGuide Updates

Appendix E Business Analysis Models and Their Usages

Glossary Index

Online Elements:

Appendix F Study Planner

Glossary

Contents

Introduction

Part I Project Management Fundamentals

Chapter 1 Becoming a Certified Associate in Project Management (CAPM)®

Foundation Topics

Understanding Project Management

Certified Associate in Project Management (CAPM)®

Scope of the CAPM Exam

How This Book Is Organized

Part I: Project Management Fundamentals

Part II: Predictive Approach

Part III: Adaptive Approach

Part IV: Business Analysis

Part V: Appendixes

Steps to Becoming a Certified Associate in Project Management (CAPM)®

Study and Exam-Taking Strategies

Suggested Reading and Resources

Chapter 2 Projects and Project Management

“Do I Know This Already?” Quiz

Foundation Topics

What Is a Project?

A Project

Project Manager

Understanding Project Management

Projects vs. Operational Work

The Role of Projects in Operations

Project-Based Operations

Programs and Portfolios

Creating Value Through Project Management

Project Management Process Groups

Project Management Challenges

Challenges with Issues, Risks, Assumptions, and Constraints

Project Management Trends

Business Analysis

Adaptive Project Management

Principles of Project Management

Summary

Exam Preparation Tasks

Review All Key Topics

Define Key Terms

Suggested Reading and Resources

Chapter

3

Organizing for Project Performance

“Do I Know This Already?” Quiz

Foundation Topics

Project Performance Domains

The Stakeholder Performance Domain

Identifying Stakeholders

Types of Stakeholders in a Project

Stakeholder Analysis

Types of Stakeholder Communication

Stakeholder Performance Domain

Successful Outcomes

The Project Manager’s Role

Roles of the Project Manager in a Project

The Project Manager’s Required Skills

Project Organization Structures

Project Structure Concepts

Functional Project Organization Structures

Matrix Project Organization Structures

Projectized Project Organization Structures

The Power of Project Managers in Different Organization Structures

Project Management Office (PMO) and Steering Committees

The Project Management Office

The Steering Committee

The Team Performance Domain

Effective Execution of Projects

High-Performing Teams

Leadership and Interpersonal Skills

Affecting All Team Members

Project Team Development Models

Conducting Meetings

Responsibility Assignment Matrix

Project Team Culture

Expectations for the Team Performance

Domain

Applying the PMICodeofEthicsandProfessional

Conduct

Summary

Exam Preparation Tasks

Review All Key Topics

Define Key Terms

Suggested Reading and Resources

Chapter 4 Development Approach and Life Cycle Performance Domain

“Do I Know This Already?” Quiz

Foundation Topics

Fundamentals of the Project Life Cycle

The Concept of a Project Life Cycle

Visualizing a Project Life Cycle

Stage Gates

Project Life Cycle vs. Project Management

Process Groups

Project Life Cycle vs. Product Life Cycle

Development Approach and Life Cycle

Performance Domain Concepts

Terms Relevant to the Development Approach and Life Cycle Performance Domain

Choosing the Predictive Approach

Choosing the Adaptive Approach

Choosing a Hybrid Approach

Life Cycles in Practice

Industry Application: Predictive Life Cycle

Industry Application: Adaptive Life Cycle

Industry Application: Hybrid Life Cycle

Considerations for Selecting a Development Approach

Product, Service, or Result

Project Organization

Project Activity, Deliverables, and Milestones

Project Activities

Deliverables

Measuring Deliverables

Milestones

Summary

Exam Preparation Tasks

Review All Key Topics

Define Key Terms

Suggested Reading and Resources

Part II Predictive Approach

Chapter 5 Planning, Project Work, and Delivery: Predictive Methodologies

“Do I Know This Already?” Quiz

Foundation Topics

Choosing the Predictive, Plan-Based Methodology

Process Groups of the Predictive, Plan-Based Approach

Initiating Processes

Planning Processes

Executing Processes

Monitoring and Controlling Processes

Closing Processes

Creating a Tailored Predictive Life Cycle

Performance Domains

Develop Project Charter

Develop Project Team

Develop Project Management Plan

Collect Requirements and Define Scope

Statement

Create Work Breakdown Structure (WBS)

Define and Sequence Activities

Estimate Time and Resources

Identify Critical Path

Develop Schedule

Direct and Manage Project Work

Monitor and Control Project Work

Issues Management

Change Requests and Control

Monitoring and Controlling Project Cost and Schedule

Close Project or Phase

Foundations of Earned Value Analysis

Planned Value (PV)

Earned Value (EV)

Actual Cost (AC)

Cost Variance (CV)

Schedule Variance (SV)

Cost Performance Index (CPI)

Forecasting Final Project Costs

More Information About Earned Value

Analysis

The Planning Performance Domain

Schedule Compression Factors and Techniques

Scaling

Summary

Exam Preparation Tasks

Review All Key Topics

Define Key Terms

Suggested Reading and Resources

Chapter 6 Project Work and Delivery

“Do I Know This Already?” Quiz

Foundation Topics

Project Work Performance Domain

Planning and Managing Procurement

Bidding: Soliciting and Entering Bids

Control Procurements

Engaging Stakeholders

Managing Project Communications

Managing Risk

Threats

Opportunities

Project Delivery Performance Domain

Delivery of Value

Quality Management

Quality Management Tools

Six Sigma

Project Controls and Forecasting

Project Integration

Components of Project Integration

Achieving Project Integration

Summary

Exam Preparation Tasks

Review All Key Topics

Define Key Terms

Suggested Reading and Resources

Part III Adaptive Approach

Chapter 7 Planning, Project Work, and Delivery: Adaptive Approaches

“Do I Know This Already?” Quiz

Foundation Topics

When to Use an Adaptive Approach

Team Structure in Adaptive Projects

Requirements for the Adaptive Project Environment

Adaptive Mindset

Servant Leadership

The Structure and Culture of Adaptive Teams

Value-Driven Delivery

Factors That Facilitate Adaptive Approaches: OPA and EEF

Apparent Stages of Adaptive Projects

Stage 1: Concept

Stage 2: Construct and Deliver

Stage 3: Close

Work Groups for Adaptive Project Stages

Agile Life Cycles

Case Study 7-1: Building a Website for a Conference

Hybrid Project Approaches

Hybrid Approach Scenario 1: Revisiting the APC Conference

Hybrid Approach Scenario 2: Virtual Restaurant Business

Hybrid Approach Scenario 3: Specification for Tax Software

Summary

Exam Preparation Tasks

Review All Key Topics

Define Key Terms

Suggested Reading and Resources

Chapter 8 Overview of Adaptive Frameworks

“Do I Know This Already?” Quiz

Foundation Topics

Lean

Eliminating Waste

Value Streaming Using the Lean Approach

Case Study 8-1: Getting a Book from the Library

Iteration-Based Agile

Flow-Based Agile

Scrum

Roles

Processes and Artifacts

Scrum Core Values

Timeboxing

Challenges with Scrum

Kanban

Suitability of the Kanban Method

Limiting Work in Progress (WIP)

Workflow Focus

Comparing Kanban and Scrum

ScrumBan

Extreme Programming

Roles

Core Practices of XP What Can We Learn from XP?

FDD, DSDM, and Crystal

Feature-Driven Development

Dynamic Systems Development Method

Crystal

Frameworks for Scale

Summary

Scrum of Scrums

Disciplined Agile®

Which Approach for Scale?

Summary

Exam Preparation Tasks

Review All Key Topics

Define Key Terms

Suggested Reading and Resources

Chapter 9 Measurement, Tracking, and Managing Uncertainty

“Do I Know This Already?” Quiz

Foundation Topics

Problem Detection and Resolution

The Measurement Performance Domain

Prioritization Techniques

What Gets Prioritized

Key Performance Indicators (KPIs) for Project Control

Progress Tracking

Decision Making

Communication of Adaptive Project KPIs

Who Makes the Estimates?

Throughput, Cycle Time, and Lead Time

The Uncertainty Performance Domain

Uncertainty

Strategies to Address Project Uncertainty

Risk

Strategies to Reduce the Likelihood of Uncertainty

Opportunities

Threats

Tracking and Managing Risk in Adaptive Projects

Team Workspace Design

Tracking Progress to Manage Risk in Adaptive Approaches

Summary

Exam Preparation Tasks

Review All Key Topics

Define Key Terms

Suggested Reading and Resources

Part IV Business Analysis

Chapter 10 Business Analysis Frameworks

“Do I Know This Already?” Quiz

Foundation Topics

The Importance of Business Analysis

The Role of a Business Analyst Skills Needed to Perform Business Analysis

Comparing Business Analysis with Project Management

Requirements: The Focus of Business Analysis

Requirement Types

Case Study 10-1: Requirements for a Toll Collection System

Requirements Documentation

Requirements Management Plan

Stakeholders and the Business Analyst

Identify Stakeholders

Stakeholder Analysis

Business Analysis Planning

Transition to a Future State

Influence of Project Approaches on Business Analysis

Business Analysis in the Predictive Approach

Business Analysis in the Adaptive Approach

Summary

Exam Preparation Tasks

Review All Key Topics

Define Key Terms

Suggested Reading and Resources

Chapter 11 Business Analysis Domains

“Do I Know This Already?” Quiz

Foundation Topics

Domain 1: Needs Assessment

Why Perform Needs Assessments?

When Do Needs Assessments Occur?

Who Is Involved in Needs Assessment?

What Are the Key Business Analysis Tasks During Needs Assessment?

What Are the Needs Assessment Processes?

Domain Summary

Domain 2: Business Analysis Planning

Domain 3: Requirements Elicitation and Analysis

Elicit Requirements

Analyze Requirements

Document the Solution Requirements

Domain 4: Traceability and Monitoring

Trace Requirements

Monitor Requirements

Update Requirements and Communicate

Requirements Status

Manage Changes to Requirements

Domain Summary

Domain 5: Solution Evaluation

Evaluate Solution Performance

Determine Solution Evaluation Approach

Evaluate Acceptance Results and Address Defects

Obtain Solution Acceptance for Release

Evaluate Deployed Solution

Domain Summary

Summary

Exam Preparation Tasks

Review All Key Topics

Define Key Terms

Suggested Reading and Resources

Chapter 12 Tailoring and Final Preparation

“Do I Know This Already?” Quiz: Tailoring Section

Foundation Topics

Tailoring

The Tailoring Process

Aspects of Projects That Can Be Tailored

How to Tailor the Project Approach

Case Study 12-1: Design and Introduction of Portable CT Scanner Products

Summary: Project Tailoring Concepts

Final Preparation

Scope and Key Concepts

Suggested Plan for Final Review and Study

Summary

Exam Preparation Tasks

Review All Key Topics

Define Key Terms: Tailoring Section Suggested Reading and Resources

Part V Appendixes

Appendix A Answers to the “Do I Know This Already?” Quizzes

Appendix B PMI Project Management Process Groups and Processes

Appendix C PMBOK 7 Project Performance Domains and Project Management Principles

Appendix D PMICertifiedAssociateinProject Management(CAPM)® ExamOfficialCertGuideUpdates

Appendix E Business Analysis Models and Their Usages

Glossary Index

Online Elements:

Appendix F Study Planner

Glossary

About the Authors

Vijay Kanabar, Ph.D., is the director and associate professor of Project Management programs at Boston University, Metropolitan College. He is one of the earliest PMP-credentialed practitioners from the Project Management Institute. He created one of the earliest PMP exam corporate training materials three decades ago and has introduced several thousand students and practitioners to the core exam concepts of both the CAPM® and Project Management Professional (PMP)® exams. Vijay also is an agile practitioner and has earned the PMI-ACP credential. He has authored several books and more than 75 research papers in IT and project management. He received the prestigious PMILinnStuckenbruckTeaching ExcellenceAwardin 2017 for his commitment to teaching and enhancing the project management discipline in higher education.

Arthur P. Thomas, Ed.M., Ph.D., is the executive director for the Office of Professional Acceleration and Microcredentials in the College of Professional Studies at Syracuse University, where he is also the program director for the Master of Professional Studies in Project Management. He has been teaching at SU since 2001 and has been a professor of practice since 2009, focusing his academic work on developing and administering project management courses and degree programs. Art is also the director of the iConsult Collaborative at Syracuse University, an experiential learning program he began leading in 2012 in which university students are engaged with client organizations in a diverse portfolio of information-related projects. Art was formerly the associate dean for Career Services and Experiential Learning, the associate dean for Academic Affairs, and the director of two information technology master’s degree programs, all at Syracuse University’s School of

Information Studies (the iSchool). Positions on the corporate side of his career have ranged from programmer to chief information officer, and from trainer to chief learning officer. With his more than 30 years of added consulting experience, his contracts have taken him from the United States to Europe and the Middle East, where he led two projects for the Ministry of Education in the Sultanate of Oman.

Thomas G. Lechler, Ph.D., is an associate professor at the School of Business, Stevens Institute of Technology in Hoboken, New Jersey. His doctorate is from the University of Karlsruhe, Germany. He teaches project management and entrepreneurship. His research focuses on value creation in projects under situations of risk and uncertainty. Thomas has published his research in leading international research journals, including ResearchPolicy, R&D Management, IEEETransactionsonEngineeringManagement, Small BusinessEconomics, InternationalJournalofProjectManagement, and ProjectManagementJournal, and he has authored several books in the fields of project management and entrepreneurship. He was awarded the Project Management Journal Paper of the Year, has received several research grants from PMI, and was a NASA research fellow.

Dedications

I want to dedicate this book to practitioners pursuing additional credentials, such as the CAPM®. It made a difference for me academically and professionally, and I am confident that it will accomplish the same for them. I would also like to dedicate this book to my wife, Dina; my father, Kalyandas; and my father-in-law, Prabhudas, who passed away recently but certainly cheered this project in spirit to its full successful completion.

VijayKanabar

This book is dedicated to the people who have most influenced my work in project management over the years: my elite students, who helped me to shape my teaching and then went on to become project professionals in their own right; my faculty colleagues, who first influenced me to pursue this topic as a personal specialty; and my wife, Helen, who has instilled in me the personal confidence to make it all happen.

This book is dedicated to all my current and future students who are pursuing a career in managing projects. I hope it will make a difference to them and help them to better understand and address the many challenges in leading teams and managing projects. I would also like to dedicate this book to my wife, Ulrike, and my mother, who passed away just before the book was completed.

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