CAPM is a credential for project team members and entry-level project managers that demonstrates skills in project performance. A project deliverable is a tangible work product like a feasibility study. Portfolio management involves grouping projects and programs together to facilitate effective strategic management of resources and work. The 10 knowledge areas of project management are project integration management, scope management, time management, cost management, quality management, human resource management, communication management, risk management, procurement management, and stakeholder management.