CAPM Certification Exam Information: The CAPM Exam is based on the PMBOK Third Edition. PMBOK 3rd Edition Changes: Expands emphasis on process groups Expands initiating process Controlling and Monitoring process Enterprise environmental factors Organization process assets Formalized Project Management Plan Core / Facilitating Process definitions removed Constraints & assumptions removed as inputs Process flow diagrams added Number of Processes increased from 39 to 44: Seven New Processes: Develop Project Charter Develop preliminary project scope statement Monitor and Control project work Close project Create WBS Activity Resource Estimating Manage Project Team Two processes deleted: Initiation Resource planning Changes To Project Integration: Project charter is a process Preliminary project scope statement Describes project plan development Processes added: Direct and manage project execution Monitor and control project work Close project process Changes to Scope Management: Scope Definition delivers scope statement Create WBS is a new process Scope Verification accepts deliverables Scope Control uses variance analysis Requested versus accepted changes Changes to Time Management: Activity Definition uses "rolling wave" New Planning component tools Activity Resource Estimating moved from Cost Management Three-Point Estimates replaces PERT Schedule Development has more tools/techniques Schedule Control has more outputs Changes to Cost Management: Reserve analysis added Tools added to Cost Budgeting EVM in Cost Control versus Performance Reporting EVM - performance measurement analysis Variance management plans BCWS, BCWP, ACWP removed Changes to Quality Management: Operational definitions now Quality metrics Quality baseline included in outputs Differentiation between planning versus control tools Quality Assurance centers on process Quality Control centers on product Changes to Communications Management: Manage Stakeholders added as process Issue resolution Communications Requirements Analysis Lessons Learned Process EVM moved to Cost Control Administrative Closure process removed Changes to Risk Managment: Risk Breakdown Structure Risk Register output from Risk Identification Focus on opportunities versus threats Changes to Procurement Management: Removed words "procure" and "solicit" Updated terms to "buyer" and "seller" Cost Reimbursable contracts Qualified Sellers List now an output New process for seller performance evalution Changes to Human Resource Management: Manage Project Team process Conflict Management recognized as tool Networking recognized as tool Virtual teams, ground rules, issues log added More detailed explanations on organization charts