Top Tips for Passing the PMI PMI-002 Exam on Your First Try

Neither party wins but both parties get some degree of satisfaction.

Important aspects of the project may be hindered in order to achieve personal objectives.

Compromise is generally considered a lose-lose situation.

A definitive resolution is seldom achieved.

Confirming the message is understood

Ensuring the receiver agrees with the message

Scheduling communication exchange

Presenting the message in the most agreeable manner

Uncertainty and risk are greatest at the start of the project and lowest at the end.

The amount at stake Is lowest at the end of the project and greatest at the start.

Expected monetary value can be expressed as the product of the risk event probability and the risk event value.

Opportunities are positive outcomes of risk.

Sequence Activities

Develop Schedule

Control Schedule

Define Activities

Plan Procurements

Conduct Procurements

Administer Procurements

Close Procurements

Unknown unknowns

Known unknowns

Business risks

Pure risks

Run

Trend

Outliers

Cycle

A strong matrix management structure

Major problems delay the project completion date or budget targets

Team members are accountable to both functional and project managers

Formal training plans cannot be implemented

Finish-to-Start

Finish-to-Finish

Start-to-Start

Start-to-Finish

They always require additional funding.

They happen while the project work is being done.

They can be written or verbal.

They can be requested by a stakeholder.

Culture

Semantics

Language

Distance

The project is extremely important to the organization.

A project's cost and importance are relatively low.

The project manager has a lot of responsibility and accountability.

The organization's primary source of revenue is derived from projects

Procurement documents are used to solicit proposals from prospective sellers.

Invitations for Bid and Request for Proposal are two examples of procurement documents.

Procurement documents should be structured to facilitate accurate and complete responses from prospective sellers.

Al1 of the above

Staffing Management Plan

Responsibility Assignment Matrix (RAM)

Organizational Breakdown Structure (OBS)

Resource Assignment Chart