CAPM (Certified Associate in Project Management) Practice Exam

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What is Project Stakeholder Management responsible for?

Ensuring all project deliverables meet quality standards
Identifying the people, groups, or organizations that could impact or be impacted by the project, to analyze stakeholder expectations and their impact on the project decisions and execution
Managing the project schedule and ensuring timely completion
Controlling project costs and managing the budget

The correct answer is: Identifying the people, groups, or organizations that could impact or be impacted by the project, to analyze stakeholder expectations and their impact on the project decisions and execution

Project Stakeholder Management is responsible for identifying the people, groups, or organizations that could impact or be impacted by the project. By analyzing stakeholder expectations and understanding their impact on project decisions and execution, project managers can effectively engage with stakeholders to ensure their needs are met, ultimately leading to project success. This process involves communication, managing expectations, and addressing any issues or concerns that stakeholders may have throughout the project lifecycle. Hence, option B is the correct answer.