-- once approved by the project mgr, sponsor & team, the project plan becomes the baseline plan. - baseline plan is used by the mgr to compare the actual schedule to the estimated schedule & actual costs to budgeted costs.
What does CAPM stand for? CAPM stands for Certification from the Project Management
It is based on PMIâs project management framework as explained in the Project Management Body of Knowledge (PMBOK), in its fifth edition as of January, 2013. The CAPM is a relatively new credential, introduced in 2003 (the PMP, on the other hand, was introduced in the United States in 1984).