\u064a\u062a\u0645 \u062a\u0648\u0641\u064a\u0631 \u0622\u0644\u0627\u0641 \u0627\u0644\u0648\u0638\u0627\u0626\u0641 \u0641\u064a \u0645\u062c\u0627\u0644 \u0625\u062f\u0627\u0631\u0629 \u0627\u0644\u0645\u0634\u0627\u0631\u064a\u0639 \u0647\u0630\u0647 \u0627\u0644\u0623\u064a\u0627\u0645 \u0641\u064a \u062c\u0645\u064a\u0639 \u0623\u0646\u062d\u0627\u0621 \u0627\u0644\u0639\u0627\u0644\u0645. \u0625\u0630\u0627 \u0643\u0646\u062a \u062a\u0631\u063a\u0628 \u0641\u064a \u0627\u063a\u062a\u0646\u0627\u0645 \u0647\u0630\u0647 \u0627\u0644\u0641\u0631\u0635\u0629\u060c \u0641\u0625\u0646 \u0634\u0647\u0627\u062f\u0629 CAPM \u0627\u0644\u062a\u064a \u064a\u0642\u062f\u0645\u0647\u0627 \u0645\u0639\u0647\u062f \u0625\u062f\u0627\u0631\u0629 \u0627\u0644\u0645\u0634\u0627\u0631\u064a\u0639 (PMI) \u0647\u064a \u0627\u0644\u0634\u0647\u0627\u062f\u0629 \u0627\u0644\u062a\u064a \u0633\u062a\u0633\u0627\u0639\u062f\u0643 \u0639\u0644\u0649 \u062c\u0630\u0628 \u0627\u0644\u0627\u0646\u062a\u0628\u0627\u0647. \u0641\u064a \u0647\u0630\u0627 \u0627\u0644\u0645\u0642\u0627\u0644\u060c \u0633\u0646\u062a\u062d\u062f\u062b \u0641\u064a \u0647\u0630\u0627 \u0627\u0644\u0645\u0642\u0627\u0644 \u0639\u0646 \u062e\u064a\u0627\u0631\u0627\u062a \u0634\u0647\u0627\u062f\u0629 CAPM \u0641\u064a \u0645\u0648\u0646\u062a\u0631\u064a\u0627\u0644 \u0644\u0644\u0637\u0627\u0645\u062d\u064a\u0646 \u0627\u0644\u0645\u0642\u064a\u0645\u064a\u0646 \u0641\u064a \u0627\u0644\u0645\u062f\u064a\u0646\u0629.
\nCAPM \u062a\u0639\u0646\u064a “\u0645\u0633\u0627\u0639\u062f \u0645\u0639\u062a\u0645\u062f \u0641\u064a \u0625\u062f\u0627\u0631\u0629 \u0627\u0644\u0645\u0634\u0627\u0631\u064a\u0639” \u0648\u0647\u064a \u0634\u0647\u0627\u062f\u0629 \u0644\u0644\u0645\u0628\u062a\u062f\u0626\u064a\u0646 \u0641\u064a \u0625\u062f\u0627\u0631\u0629 \u0627\u0644\u0645\u0634\u0627\u0631\u064a\u0639. \u0648\u0646\u0638\u0631\u0627\u064b \u0644\u0644\u0648\u0636\u0639 \u0627\u0644\u062d\u0627\u0644\u064a \u0644\u0633\u0648\u0642 \u0627\u0644\u0639\u0645\u0644 \u062d\u064a\u062b \u064a\u0641\u0648\u0642 \u0639\u062f\u062f \u0627\u0644\u0628\u0627\u062d\u062b\u064a\u0646 \u0639\u0646 \u0639\u0645\u0644 \u0639\u062f\u062f \u0627\u0644\u0648\u0638\u0627\u0626\u0641 \u0627\u0644\u0645\u062a\u0627\u062d\u0629\u060c \u064a\u0635\u0628\u062d \u0645\u0646 \u0627\u0644\u0635\u0639\u0628 \u0639\u0644\u0649 \u0627\u0644\u062e\u0631\u064a\u062c\u064a\u0646 \u0627\u0644\u062c\u062f\u062f \u0627\u0644\u062d\u0635\u0648\u0644 \u0639\u0644\u0649 \u0648\u0638\u064a\u0641\u0629 \u062c\u064a\u062f\u0629 \u0644\u0623\u0646\u0641\u0633\u0647\u0645. \u0644\u0627 \u064a\u0642\u062a\u0635\u0631 \u0627\u0644\u0623\u0645\u0631 \u0639\u0644\u0649 \u0627\u0644\u062e\u0631\u064a\u062c\u064a\u0646 \u0627\u0644\u062c\u062f\u062f \u0641\u0642\u0637\u060c \u0641\u062d\u062a\u0649 \u0623\u0648\u0644\u0626\u0643 \u0627\u0644\u0630\u064a\u0646 \u0644\u062f\u064a\u0647\u0645 \u0628\u0627\u0644\u0641\u0639\u0644 \u0628\u0636\u0639 \u0633\u0646\u0648\u0627\u062a \u0645\u0646 \u0627\u0644\u062e\u0628\u0631\u0629 \u0627\u0644\u0639\u0645\u0644\u064a\u0629 \u063a\u0627\u0644\u0628\u0627\u064b \u0645\u0627 \u064a\u062c\u062f\u0648\u0646 \u0635\u0639\u0648\u0628\u0629 \u0641\u064a \u0627\u0644\u0639\u062b\u0648\u0631 \u0639\u0644\u0649 \u0648\u0638\u064a\u0641\u0629 \u062c\u064a\u062f\u0629. \u0648\u0641\u064a \u0628\u0639\u0636 \u0627\u0644\u0623\u062d\u064a\u0627\u0646 \u064a\u062c\u062f \u0627\u0644\u0623\u0634\u062e\u0627\u0635 \u0627\u0644\u0630\u064a\u0646 \u0644\u064a\u0633 \u0644\u062f\u064a\u0647\u0645 \u0634\u0647\u0627\u062f\u0629 \u0623\u064a\u0636\u064b\u0627 \u0635\u0639\u0648\u0628\u0629 \u0628\u0627\u0644\u063a\u0629 \u0641\u064a \u0627\u0644\u062d\u0635\u0648\u0644 \u0639\u0644\u0649 \u0648\u0638\u064a\u0641\u0629 \u062c\u064a\u062f\u0629. \u0648\u0647\u0630\u0627 \u0647\u0648 \u0627\u0644\u0648\u0642\u062a \u0627\u0644\u0630\u064a \u062a\u0635\u0628\u062d \u0641\u064a\u0647 \u0634\u0647\u0627\u062f\u0629 CAPM \u0645\u0641\u064a\u062f\u0629.
\n\u0634\u0627\u0647\u062f \u0634\u0647\u0627\u062f\u0629 CAPM – 7 \u0646\u0642\u0627\u0637 \u0644\u0627 \u0628\u062f \u0645\u0646 \u0645\u0639\u0631\u0641\u062a\u0647\u0627
\n\u062a\u0645 \u062a\u0637\u0648\u064a\u0631 \u0634\u0647\u0627\u062f\u0629 CAPM \u0644\u062a\u0639\u0644\u064a\u0645\u0643 \u0627\u0644\u0645\u0639\u0631\u0641\u0629 \u0627\u0644\u0623\u0633\u0627\u0633\u064a\u0629\u060c \u0648\u0627\u0644\u0639\u0645\u0644\u064a\u0627\u062a\u060c \u0648\u0627\u0644\u0645\u0647\u0627\u0631\u0627\u062a\u060c \u0648\u0627\u0644\u0645\u0635\u0637\u0644\u062d\u0627\u062a \u0627\u0644\u0644\u0627\u0632\u0645\u0629 \u0644\u0625\u062f\u0627\u0631\u0629 \u0627\u0644\u0645\u0634\u0627\u0631\u064a\u0639 \u0628\u0641\u0639\u0627\u0644\u064a\u0629 \u0641\u064a \u0627\u0644\u0639\u0645\u0644. \u0648\u062a\u0639\u062a\u0645\u062f \u0634\u0647\u0627\u062f\u0629 CAPM \u0639\u0644\u0649 \u062f\u0631\u0627\u0633\u0629 13 \u0641\u0635\u0644\u0627\u064b \u0645\u0646 \u0645\u062c\u0645\u0648\u0639\u0629 \u0645\u0639\u0627\u0631\u0641 \u0625\u062f\u0627\u0631\u0629 \u0627\u0644\u0645\u0634\u0627\u0631\u064a\u0639 \u0627\u0644\u062e\u0627\u0635\u0629 \u0628\u0645\u0639\u0647\u062f \u0625\u062f\u0627\u0631\u0629 \u0627\u0644\u0645\u0634\u0627\u0631\u064a\u0639\u060c \u0648\u0627\u0644\u0645\u0639\u0631\u0648\u0641\u0629 \u0628\u0627\u0633\u0645 \u062f\u0644\u064a\u0644 PMBOK. \u064a\u064f\u0634\u0627\u0631 \u0625\u0644\u0649 \u0647\u0630\u0647 \u0627\u0644\u0641\u0635\u0648\u0644 \u0627\u0644\u062b\u0644\u0627\u062b\u0629 \u0639\u0634\u0631 \u0628\u0634\u0643\u0644 \u0623\u0643\u062b\u0631 \u0634\u064a\u0648\u0639\u064b\u0627 \u0628\u0627\u0633\u0645 \u0645\u062c\u0627\u0644\u0627\u062a \u0627\u0644\u0645\u0639\u0631\u0641\u0629 \u0648\u0647\u064a \u062a\u062a\u0646\u0627\u0648\u0644 \u062c\u0645\u064a\u0639 \u0627\u0644\u0645\u0647\u0627\u0631\u0627\u062a \u0648\u0627\u0644\u0645\u0639\u0627\u0631\u0641 \u0627\u0644\u0645\u0633\u062a\u062e\u062f\u0645\u0629 \u0641\u064a \u0627\u0644\u0645\u0634\u0631\u0648\u0639.
\n\u0627\u062d\u0636\u0631 \u062a\u062f\u0631\u064a\u0628\u0646\u0627 \u0627\u0644\u0645\u062c\u0627\u0646\u064a \u0639\u0628\u0631 \u0627\u0644\u0625\u0646\u062a\u0631\u0646\u062a 100% \u0639\u0628\u0631 \u0627\u0644\u0625\u0646\u062a\u0631\u0646\u062a \u0648\u0628\u0648\u062a\u064a\u0631\u0629 \u0630\u0627\u062a\u064a\u0629 \u0644\u0645\u062f\u0629 \u0633\u0627\u0639\u0629 \u0648\u0627\u062d\u062f\u0629 \u0639\u0644\u0649 \u0634\u0647\u0627\u062f\u0629 CAPM.
\n\u0634\u0647\u0627\u062f\u0629 CAPM \u0645\u0639\u062a\u0631\u0641 \u0628\u0647\u0627 \u0641\u064a \u062c\u0645\u064a\u0639 \u0623\u0646\u062d\u0627\u0621 \u0627\u0644\u0639\u0627\u0644\u0645 \u0648\u062a\u062d\u0638\u0649 \u0628\u0645\u0633\u062a\u0648\u0649 \u062c\u064a\u062f \u0645\u0646 \u0627\u0644\u0637\u0644\u0628 \u0648\u0627\u0644\u0642\u0628\u0648\u0644 \u0641\u064a \u0643\u0644 \u0645\u0643\u0627\u0646. \u0625\u0630\u0627 \u0643\u0646\u062a \u062d\u0627\u0635\u0644\u0627\u064b \u0639\u0644\u0649 \u0634\u0647\u0627\u062f\u0629 CAPM\u060c \u0641\u0625\u0646\u0647\u0627 \u0633\u062a\u0645\u064a\u0632\u0643 \u0641\u064a \u0633\u0648\u0642 \u0627\u0644\u0639\u0645\u0644 \u0648\u062a\u0632\u064a\u062f \u0645\u0646 \u0645\u0635\u062f\u0627\u0642\u064a\u062a\u0643 \u0641\u064a \u0646\u0638\u0631 \u0635\u0627\u062d\u0628 \u0627\u0644\u0639\u0645\u0644.
\n\u0645\u0627 \u0627\u0644\u0645\u0637\u0644\u0648\u0628 \u0644\u0644\u062d\u0635\u0648\u0644 \u0639\u0644\u0649 \u0634\u0647\u0627\u062f\u0629 CAPM\u061f
\n\u0644\u0643\u064a \u062a\u0643\u0648\u0646 \u0645\u0624\u0647\u0644\u0627\u064b \u0644\u0627\u0645\u062a\u062d\u0627\u0646 \u0634\u0647\u0627\u062f\u0629 CAPM\u060c \u064a\u062c\u0628 \u0623\u0646 \u062a\u0643\u0648\u0646 \u062d\u0627\u0635\u0644\u0627\u064b \u0639\u0644\u0649 \u0634\u0647\u0627\u062f\u0629 \u0627\u0644\u062b\u0627\u0646\u0648\u064a\u0629 \u0627\u0644\u0639\u0627\u0645\u0629 \u0623\u0648 \u0634\u0647\u0627\u062f\u0629 \u062c\u0627\u0645\u0639\u064a\u0629\u060c \u0623\u0648 \u0645\u0627 \u064a\u0639\u0627\u062f\u0644\u0647\u0627. \u064a\u062c\u0628 \u0623\u0646 \u062a\u0643\u0645\u0644 23 \u0633\u0627\u0639\u0629 \u0645\u0646 \u0627\u0644\u062a\u062f\u0631\u064a\u0628 \u0627\u0644\u0631\u0633\u0645\u064a \u0644\u0634\u0647\u0627\u062f\u0629 CAPM. \u0648\u0628\u0645\u062c\u0631\u062f \u0625\u0643\u0645\u0627\u0644 \u0627\u0644\u062f\u0648\u0631\u0629 \u0627\u0644\u062a\u062f\u0631\u064a\u0628\u064a\u0629 \u0627\u0644\u062e\u0627\u0635\u0629 \u0628\u0634\u0647\u0627\u062f\u0629 CAPM\u060c \u064a\u0645\u0643\u0646\u0643 \u0627\u0644\u062a\u0642\u062f\u0645 \u0644\u0627\u0645\u062a\u062d\u0627\u0646 \u0634\u0647\u0627\u062f\u0629 CAPM. \u0648\u062a\u0628\u0644\u063a \u062a\u0643\u0644\u0641\u062a\u0647 225 \u062f\u0648\u0644\u0627\u0631\u0627\u064b \u0623\u0645\u0631\u064a\u0643\u064a\u0627\u064b \u0644\u0623\u0639\u0636\u0627\u0621 \u0645\u0639\u0647\u062f \u0625\u062f\u0627\u0631\u0629 \u0627\u0644\u0645\u0634\u0627\u0631\u064a\u0639 \u0648300 \u062f\u0648\u0644\u0627\u0631 \u0623\u0645\u0631\u064a\u0643\u064a \u0644\u063a\u064a\u0631 \u0627\u0644\u0623\u0639\u0636\u0627\u0621. \u064a\u0645\u0643\u0646\u0643 \u0642\u0631\u0627\u0621\u0629 \u0627\u0644\u0645\u0632\u064a\u062f \u0639\u0646 \u0645\u062a\u0637\u0644\u0628\u0627\u062a \u0634\u0647\u0627\u062f\u0629 CAPM.
\n\u0633\u062a\u0633\u0645\u0639 \u0627\u0644\u0645\u0632\u064a\u062f \u0645\u0646 \u0627\u0644\u0646\u0627\u0633 \u064a\u062a\u062d\u062f\u062b\u0648\u0646 \u0639\u0646 \u0634\u0647\u0627\u062f\u0629 \u0645\u062d\u062a\u0631\u0641 \u0625\u062f\u0627\u0631\u0629 \u0627\u0644\u0645\u0634\u0627\u0631\u064a\u0639 (PMP) \u0623\u0643\u062b\u0631 \u0645\u0646 \u0634\u0647\u0627\u062f\u0629 CAPM. \u0635\u062d\u064a\u062d \u0623\u0646 \u0634\u0647\u0627\u062f\u0629 \u0645\u062d\u062a\u0631\u0641 \u0625\u062f\u0627\u0631\u0629 \u0627\u0644\u0645\u0634\u0627\u0631\u064a\u0639 (PMP) \u0647\u064a \u0627\u0644\u0623\u0643\u062b\u0631 \u0631\u0648\u0627\u062c\u064b\u0627 \u0648\u0644\u0643\u0646 \u0643\u0644\u0627\u0647\u0645\u0627 \u0645\u062a\u0634\u0627\u0628\u0647\u0627\u0646 \u0641\u064a \u0627\u0644\u0623\u0633\u0627\u0633. \u0648\u0627\u0644\u0641\u0631\u0642 \u0627\u0644\u0648\u062d\u064a\u062f \u0628\u064a\u0646\u0647\u0645\u0627 \u0647\u0648 \u0641\u064a \u0627\u0644\u0627\u0645\u062a\u062d\u0627\u0646. \u0641\u0627\u0645\u062a\u062d\u0627\u0646 \u0634\u0647\u0627\u062f\u0629 CAPM \u064a\u0639\u062a\u0645\u062f \u0639\u0644\u0649 \u0627\u0644\u0645\u0639\u0631\u0641\u0629\u060c \u0648\u064a\u062a\u0643\u0648\u0646 \u0645\u0646 150 \u0633\u0624\u0627\u0644\u0627\u064b. \u0641\u064a \u062d\u064a\u0646 \u0623\u0646 \u0627\u062e\u062a\u0628\u0627\u0631 PMP \u064a\u0639\u062a\u0645\u062f \u0639\u0644\u0649 \u0627\u0644\u062e\u0628\u0631\u0629\u060c \u0648\u064a\u062a\u0643\u0648\u0646 \u0645\u0646 400 \u0633\u0624\u0627\u0644. \u0643\u062a\u0627\u0628 \u0627\u0644\u062f\u0631\u0627\u0633\u0629 \u0644\u0627\u0645\u062a\u062d\u0627\u0646 PMP \u0648\u0634\u0647\u0627\u062f\u0629 CAPM \u0647\u0648 \u0646\u0641\u0633 \u062f\u0644\u064a\u0644 PMBOK. \u0643\u0645\u0627 \u0623\u0646 \u0645\u062a\u0637\u0644\u0628\u0627\u062a \u0627\u0644\u0623\u0647\u0644\u064a\u0629 \u0644\u0644\u062d\u0635\u0648\u0644 \u0639\u0644\u0649 \u0634\u0647\u0627\u062f\u0629 PMP \u0623\u0643\u062b\u0631 \u0645\u0646 \u0634\u0647\u0627\u062f\u0629 CAPM. \u0644\u0644\u062a\u0623\u0647\u0644 \u0644\u0627\u0645\u062a\u062d\u0627\u0646 PMP\u060c \u064a\u062c\u0628 \u0623\u0646 \u062a\u0643\u0648\u0646 \u0644\u062f\u064a\u0643 36 \u0634\u0647\u0631\u064b\u0627 \u0645\u0646 \u0627\u0644\u062e\u0628\u0631\u0629 \u0627\u0644\u0639\u0645\u0644\u064a\u0629 \u0645\u0639 \u0634\u0647\u0627\u062f\u0629 \u0623\u0648 7500 \u0633\u0627\u0639\u0629 \u0645\u0646 \u0627\u0644\u062e\u0628\u0631\u0629 \u0625\u0630\u0627 \u0644\u0645 \u062a\u0643\u0646 \u062d\u0627\u0635\u0644\u0627\u064b \u0639\u0644\u0649 \u0634\u0647\u0627\u062f\u0629.
\n\u0625\u0630\u0627 \u0643\u0646\u062a \u0644\u0627 \u062a\u0633\u062a\u0648\u0641\u064a \u0645\u062a\u0637\u0644\u0628\u0627\u062a \u0627\u0644\u0623\u0647\u0644\u064a\u0629 \u0627\u0644\u0645\u0630\u0643\u0648\u0631\u0629 \u0623\u0639\u0644\u0627\u0647\u060c \u0641\u0625\u0646 \u0634\u0647\u0627\u062f\u0629 CAPM \u0647\u064a \u0627\u0644\u062e\u064a\u0627\u0631 \u0627\u0644\u0623\u0641\u0636\u0644 \u0644\u0643. \u0644\u0627 \u062a\u062d\u062a\u0627\u062c \u0625\u0644\u0649 \u0623\u064a \u062e\u0628\u0631\u0629 \u0639\u0645\u0644\u064a\u0629 \u0644\u062a\u0643\u0648\u0646 \u0645\u0624\u0647\u0644\u0627\u064b \u0644\u0644\u062d\u0635\u0648\u0644 \u0639\u0644\u0649 \u0634\u0647\u0627\u062f\u0629 CAPM. \u0625\u0630\u0627 \u0643\u0646\u062a \u062d\u062f\u064a\u062b \u0627\u0644\u062a\u062e\u0631\u062c \u0623\u0648 \u0643\u0646\u062a \u062a\u0639\u0645\u0644 \u0628\u0627\u0644\u0641\u0639\u0644 \u0648\u0644\u0643\u0646 \u0644\u064a\u0633 \u0644\u062f\u064a\u0643 \u062e\u0628\u0631\u0629 \u0639\u0645\u0644\u064a\u0629 \u0643\u0627\u0641\u064a\u0629\u060c \u0627\u062d\u0635\u0644 \u0639\u0644\u0649 \u062a\u062f\u0631\u064a\u0628 \u0634\u0647\u0627\u062f\u0629 CAPM \u0641\u064a \u0645\u0648\u0646\u062a\u0631\u064a\u0627\u0644 \u0627\u0644\u0622\u0646 \u0644\u0627\u062c\u062a\u064a\u0627\u0632 \u0627\u062e\u062a\u0628\u0627\u0631 CAPM.
\n\u0634\u0647\u0627\u062f\u0629 CAPM \u0641\u064a \u0645\u0648\u0646\u062a\u0631\u064a\u0627\u0644
\n\u064a\u062a\u0637\u0644\u0628 \u0627\u0644\u062a\u062f\u0631\u064a\u0628 \u0639\u0644\u0649 \u0634\u0647\u0627\u062f\u0629 CAPM 23 \u0633\u0627\u0639\u0629 \u0645\u0646 \u0627\u0644\u062a\u062f\u0631\u064a\u0628 \u0627\u0644\u0631\u0633\u0645\u064a \u0639\u0644\u0649 \u0625\u062f\u0627\u0631\u0629 \u0627\u0644\u0645\u0634\u0627\u0631\u064a\u0639\u060c \u0627\u0633\u062a\u0646\u0627\u062f\u0627\u064b \u0625\u0644\u0649 \u062f\u0644\u064a\u0644 PMBOK. \u0648\u0644\u0644\u062d\u0635\u0648\u0644 \u0639\u0644\u0649 23 \u0633\u0627\u0639\u0629 \u0645\u0646 \u0627\u0644\u062a\u062f\u0631\u064a\u0628 \u0639\u0644\u0649 \u0625\u062f\u0627\u0631\u0629 \u0627\u0644\u0645\u0634\u0627\u0631\u064a\u0639 \u0627\u0644\u0645\u0637\u0644\u0648\u0628\u0629 \u0644\u0644\u062d\u0635\u0648\u0644 \u0639\u0644\u0649 \u0634\u0647\u0627\u062f\u0629 CAPM \u0645\u0648\u0646\u062a\u0631\u064a\u0627\u0644 CAPM \u064a\u0648\u062c\u062f \u0641\u064a \u0645\u0648\u0646\u062a\u0631\u064a\u0627\u0644 \u0627\u0644\u0639\u062f\u064a\u062f \u0645\u0646 \u0627\u0644\u0645\u0639\u0627\u0647\u062f \u0627\u0644\u062a\u064a \u062a\u0642\u062f\u0645 \u0647\u0630\u0627 \u0627\u0644\u062a\u062f\u0631\u064a\u0628. \u0648\u0641\u064a\u0645\u0627 \u064a\u0644\u064a\u060c \u0646\u0642\u062f\u0645 \u0642\u0627\u0626\u0645\u0629 \u0628\u0623\u0641\u0636\u0644 5 \u0645\u0639\u0627\u0647\u062f \u062a\u0642\u062f\u0645 \u0627\u0644\u062a\u062f\u0631\u064a\u0628 \u0639\u0644\u0649 \u0634\u0647\u0627\u062f\u0629 CAPM. \u0648\u0642\u062f \u062a\u0645 \u0627\u062e\u062a\u064a\u0627\u0631 \u0645\u0639\u0627\u0647\u062f \u0634\u0647\u0627\u062f\u0629 CAPM \u0645\u0648\u0646\u062a\u0631\u064a\u0627\u0644 \u0647\u0630\u0647 \u0641\u064a \u0642\u0627\u0626\u0645\u0629 \u0623\u0641\u0636\u0644 5 \u0645\u0639\u0627\u0647\u062f \u062a\u0642\u062f\u0645 \u0634\u0647\u0627\u062f\u0629 CAPM \u0645\u0648\u0646\u062a\u0631\u064a\u0627\u0644 \u0644\u0644\u0623\u0633\u0628\u0627\u0628 \u0627\u0644\u062a\u0627\u0644\u064a\u0629: \u062a\u0627\u0631\u064a\u062e \u0625\u0646\u0634\u0627\u0621 \u0627\u0644\u0645\u0639\u0647\u062f \u0633\u0645\u0639\u0629 \u0627\u0644\u0645\u0639\u0647\u062f \u0639\u062f\u062f \u0627\u0644\u0637\u0644\u0627\u0628 \u0627\u0644\u0633\u0627\u0628\u0642\u064a\u0646 \u062e\u064a\u0627\u0631 \u0627\u0644\u062a\u062f\u0631\u064a\u0628 \u0639\u0628\u0631 \u0627\u0644\u0625\u0646\u062a\u0631\u0646\u062a \u0648\u0627\u0644\u062a\u062f\u0631\u064a\u0628 \u0627\u0644\u0645\u0628\u0627\u0634\u0631
\n#\u0631\u0642\u0645 1 \u062a\u062f\u0631\u064a\u0628 CAPM \u0645\u0648\u0646\u062a\u0631\u064a\u0627\u0644 – \u0623\u0643\u0627\u062f\u064a\u0645\u064a\u0629 SPOTO
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\n\u0625\u0630\u0627 \u0643\u0646\u062a \u062a\u0631\u063a\u0628 \u0641\u064a \u0627\u0644\u062d\u0635\u0648\u0644 \u0639\u0644\u0649 \u0634\u0647\u0627\u062f\u0629 CAPM \u0648\u0628\u0639\u0636 \u0623\u0641\u0636\u0644 \u0627\u0644\u0634\u0647\u0627\u062f\u0627\u062a \u0627\u0644\u0623\u062e\u0631\u0649 \u0623\u064a\u0636\u064b\u0627\u060c \u0641\u064a \u0627\u0644\u0645\u0633\u062a\u0642\u0628\u0644 \u0627\u0644\u0642\u0631\u064a\u0628\u060c \u0627\u062e\u062a\u0631 \u0647\u0630\u0647 \u0627\u0644\u062d\u0632\u0645\u0629. \u0647\u0630\u0647 \u0627\u0644\u062d\u0632\u0645\u0629 \u0627\u0642\u062a\u0635\u0627\u062f\u064a\u0629 \u0644\u0644\u063a\u0627\u064a\u0629 \u0648\u0645\u062a\u0627\u062d\u0629 \u0628\u0627\u0634\u062a\u0631\u0627\u0643 \u0634\u0647\u0631\u064a \u0641\u0642\u0637 \u0645\u0642\u0627\u0628\u0644 397 \u062f\u0648\u0644\u0627\u0631\u064b\u0627\u060c \u0648\u064a\u0645\u0643\u0646\u0643 \u0634\u0631\u0627\u0621 \u0627\u0644\u0627\u0634\u062a\u0631\u0627\u0643 \u0627\u0644\u0633\u0646\u0648\u064a \u0645\u0642\u0627\u0628\u0644 1497 \u062f\u0648\u0644\u0627\u0631\u064b\u0627 \u0648\u0627\u0634\u062a\u0631\u0627\u0643 \u0645\u062f\u0649 \u0627\u0644\u062d\u064a\u0627\u0629 \u0645\u0642\u0627\u0628\u0644 2497 \u062f\u0648\u0644\u0627\u0631\u064b\u0627.
\n#\u0631\u0642\u0645 2 \u0634\u0647\u0627\u062f\u0629 CAPM \u0645\u0648\u0646\u062a\u0631\u064a\u0627\u0644 – \u0645\u0639\u0647\u062f \u0625\u062f\u0627\u0631\u0629 \u0627\u0644\u0645\u0634\u0627\u0631\u064a\u0639 (PMI)
\n\u0627\u0644\u062b\u0627\u0646\u064a \u0641\u064a \u0642\u0627\u0626\u0645\u0629 \u0634\u0647\u0627\u062f\u0627\u062a CAPM \u0645\u0648\u0646\u062a\u0631\u064a\u0627\u0644 \u0647\u0648 \u0645\u0639\u0647\u062f \u0625\u062f\u0627\u0631\u0629 \u0627\u0644\u0645\u0634\u0627\u0631\u064a\u0639 (PMI) \u0645\u0648\u0646\u062a\u0631\u064a\u0627\u0644. \u064a\u064f\u062c\u0631\u064a \u0645\u0639\u0647\u062f \u0625\u062f\u0627\u0631\u0629 \u0627\u0644\u0645\u0634\u0627\u0631\u064a\u0639 (PMI) \u0645\u0648\u0646\u062a\u0631\u064a\u0627\u0644 \u062f\u0648\u0631\u0627\u062a \u0625\u062f\u0627\u0631\u0629 \u0627\u0644\u0645\u0634\u0627\u0631\u064a\u0639 \u0641\u064a \u0645\u0648\u0646\u062a\u0631\u064a\u0627\u0644 \u0645\u0646\u0630 \u0639\u0627\u0645 1977. \u0648\u064a\u064f\u0639\u062f \u0645\u0639\u0647\u062f \u0625\u062f\u0627\u0631\u0629 \u0627\u0644\u0645\u0634\u0627\u0631\u064a\u0639 \u0645\u0648\u0646\u062a\u0631\u064a\u0627\u0644 \u0623\u062d\u062f \u0623\u0628\u0631\u0632 \u0641\u0631\u0648\u0639 \u0634\u0628\u0643\u0629 \u0645\u0639\u0647\u062f \u0625\u062f\u0627\u0631\u0629 \u0627\u0644\u0645\u0634\u0627\u0631\u064a\u0639 \u0641\u064a \u0645\u0648\u0646\u062a\u0631\u064a\u0627\u0644\u060c \u0648\u0642\u062f \u0623\u062c\u0631\u0649 \u0627\u0644\u0639\u062f\u064a\u062f \u0645\u0646 \u062f\u0648\u0631\u0627\u062a CAPM \u062d\u062a\u0649 \u0627\u0644\u0622\u0646 \u0644\u0645\u0626\u0627\u062a \u0627\u0644\u0637\u0644\u0627\u0628.
\n\u0628\u0627\u0644\u0646\u0633\u0628\u0629 \u0644\u062f\u0648\u0631\u0627\u062a \u0625\u062f\u0627\u0631\u0629 \u0627\u0644\u0645\u0634\u0627\u0631\u064a\u0639\u060c \u064a\u0639\u062f \u0645\u0639\u0647\u062f \u0625\u062f\u0627\u0631\u0629 \u0627\u0644\u0645\u0634\u0627\u0631\u064a\u0639 \u0623\u062d\u062f \u0627\u0644\u0623\u0633\u0645\u0627\u0621 \u0627\u0644\u062a\u064a \u064a\u0645\u0643\u0646\u0643 \u0627\u0644\u0648\u062b\u0648\u0642 \u0628\u0647\u0627. \u064a\u0642\u062f\u0645 \u0645\u0639\u0647\u062f \u0625\u062f\u0627\u0631\u0629 \u0627\u0644\u0645\u0634\u0627\u0631\u064a\u0639 \u0641\u064a \u0645\u0648\u0646\u062a\u0631\u064a\u0627\u0644 \u0643\u0644\u0627\u064b \u0645\u0646 \u0627\u0644\u062a\u062f\u0631\u064a\u0628 \u0639\u0628\u0631 \u0627\u0644\u0625\u0646\u062a\u0631\u0646\u062a \u0648\u0627\u0644\u062a\u062f\u0631\u064a\u0628 \u0627\u0644\u0634\u062e\u0635\u064a\u061b \u0648\u0645\u0639 \u0630\u0644\u0643\u060c \u0648\u0628\u0633\u0628\u0628 \u0643\u0648\u0641\u064a\u062f-19\u060c \u064a\u062a\u0648\u0641\u0631 \u062e\u064a\u0627\u0631 \u0627\u0644\u062a\u062f\u0631\u064a\u0628 \u0639\u0628\u0631 \u0627\u0644\u0625\u0646\u062a\u0631\u0646\u062a.
\n#3 CAPM \u0645\u0648\u0646\u062a\u0631\u064a\u0627\u0644 – \u0633\u0628\u0631\u064a\u0646\u062a\u0632\u0627\u0644
\n\u062a\u0642\u062f\u0645 Sprintzeal \u062f\u0648\u0631\u0627\u062a \u0625\u062f\u0627\u0631\u0629 \u0627\u0644\u0645\u0634\u0627\u0631\u064a\u0639 \u0645\u0646\u0630 \u0641\u062a\u0631\u0629 \u0637\u0648\u064a\u0644\u0629 \u0648\u062a\u062a\u0645\u062a\u0639 \u0628\u0633\u0645\u0639\u0629 \u062c\u064a\u062f\u0629 \u0641\u064a \u0627\u0644\u062a\u062f\u0631\u064a\u0628 \u0639\u0644\u0649 \u0625\u062f\u0627\u0631\u0629 \u0627\u0644\u0645\u0634\u0627\u0631\u064a\u0639 \u0648\u0634\u0647\u0627\u062f\u0629 CAPM \u0645\u0648\u0646\u062a\u0631\u064a\u0627\u0644. \u0644\u062f\u064a\u0647\u0645 \u0645\u0627 \u064a\u0642\u062f\u0631 \u0628\u0623\u0643\u062b\u0631 \u0645\u0646 200,000 \u0637\u0627\u0644\u0628 \u062d\u0635\u0644\u0648\u0627 \u0639\u0644\u0649 \u062a\u062f\u0631\u064a\u0628 \u0639\u0644\u0649 \u0627\u0644\u0634\u0647\u0627\u062f\u0629 \u0645\u0646\u0647\u0645 \u0648\u0645\u0646 \u0647\u0630\u0627 \u0627\u0644\u0639\u062f\u062f \u062d\u0648\u0627\u0644\u064a 33,000 \u0637\u0627\u0644\u0628 \u0645\u0633\u062c\u0644 \u0641\u064a \u062f\u0648\u0631\u0629 CAPM \u0627\u0644\u062e\u0627\u0635\u0629 \u0628\u0647\u0645.
\n\u062a\u0642\u062f\u0645 Sprintzeal \u0643\u0644\u0627\u064b \u0645\u0646 \u0627\u0644\u062a\u062f\u0631\u064a\u0628 \u0641\u064a \u0627\u0644\u0641\u0635\u0648\u0644 \u0627\u0644\u062f\u0631\u0627\u0633\u064a\u0629 \u0648\u0627\u0644\u062a\u062f\u0631\u064a\u0628 \u0639\u0628\u0631 \u0627\u0644\u0625\u0646\u062a\u0631\u0646\u062a. \u0625\u0630\u0627 \u0643\u0646\u062a \u062a\u0628\u062d\u062b \u0639\u0646 \u062a\u062f\u0631\u064a\u0628 \u0639\u0644\u0649 \u0634\u0647\u0627\u062f\u0629 CAPM \u0641\u064a \u0645\u0648\u0646\u062a\u0631\u064a\u0627\u0644\u060c \u0641\u0625\u0646 Sprintzeal \u0647\u0648 \u0623\u062d\u062f \u0623\u0641\u0636\u0644 \u0627\u0644\u062e\u064a\u0627\u0631\u0627\u062a.
\n# 4 \u062a\u062f\u0631\u064a\u0628 CAPM \u0641\u064a \u0645\u0648\u0646\u062a\u0631\u064a\u0627\u0644 – Certification Planner LLC
\n\u062a\u0639\u062f \u0634\u0631\u0643\u0629 Certification Planner Planner LLC \u0645\u0632\u0648\u062f\u064b\u0627 \u062c\u064a\u062f\u064b\u0627 \u0622\u062e\u0631 \u0644\u0634\u0647\u0627\u062f\u0629 CAPM \u0641\u064a \u0645\u0648\u0646\u062a\u0631\u064a\u0627\u0644. \u0644\u0642\u062f \u0643\u0627\u0646\u0648\u0627 \u064a\u062f\u064a\u0631\u0648\u0646 \u062f\u0648\u0631\u0627\u062a \u0625\u062f\u0627\u0631\u0629 \u0627\u0644\u0645\u0634\u0627\u0631\u064a\u0639 \u0644\u0641\u062a\u0631\u0629 \u0637\u0648\u064a\u0644\u0629. \u064a\u062a\u0645\u062a\u0639 \u0627\u0644\u0645\u062d\u062a\u0631\u0641\u0648\u0646 \u0627\u0644\u0630\u064a\u0646 \u062d\u0635\u0644\u0648\u0627 \u0639\u0644\u0649 \u062a\u062f\u0631\u064a\u0628 \u0645\u0646\u0647\u0645 \u0628\u0645\u0639\u062f\u0644 \u0646\u062c\u0627\u062d \u062c\u064a\u062f \u062c\u062f\u064b\u0627 \u0628\u0646\u0633\u0628\u0629 96.24\u066a \u0648\u0639\u062f\u062f \u0627\u0644\u0637\u0644\u0627\u0628 \u0627\u0644\u0630\u064a\u0646 \u062f\u0631\u0628\u0648\u0647\u0645 \u064a\u0644\u0627\u0645\u0633 \u0631\u0642\u0645 45,000 \u0637\u0627\u0644\u0628.
\n\u062a\u0642\u062f\u0645 \u0634\u0631\u0643\u0629 Certification Planner \u062a\u062f\u0631\u064a\u0628\u0627\u064b \u0645\u0628\u0627\u0634\u0631\u0627\u064b \u0639\u0628\u0631 \u0627\u0644\u0625\u0646\u062a\u0631\u0646\u062a \u0639\u0644\u0649 CAPM\u060c \u0648\u062a\u062f\u0631\u064a\u0628\u0627\u064b \u0634\u062e\u0635\u064a\u0627\u064b \u0641\u064a \u0627\u0644\u0641\u0635\u0648\u0644 \u0627\u0644\u062f\u0631\u0627\u0633\u064a\u0629\u060c \u0648\u0643\u0630\u0644\u0643 \u062a\u062f\u0631\u064a\u0628\u0627\u064b \u0630\u0627\u062a\u064a\u0627\u064b \u0639\u0628\u0631 \u0627\u0644\u0625\u0646\u062a\u0631\u0646\u062a. \u064a\u0645\u0643\u0646\u0643 \u0625\u0636\u0627\u0641\u0629 \u0634\u0631\u0643\u0629 Certification Planner LLC \u0625\u0644\u0649 \u0642\u0627\u0626\u0645\u062a\u0643 \u0627\u0644\u0645\u062e\u062a\u0635\u0631\u0629 \u0644\u0634\u0647\u0627\u062f\u0629 CAPM Montreal\u060c \u062f\u0648\u0646 \u062a\u0631\u062f\u062f.
\n#5 \u0634\u0647\u0627\u062f\u0629 CAPM \u0645\u0648\u0646\u062a\u0631\u064a\u0627\u0644 – \u0627\u0644\u0634\u0631\u0643\u0629 \u0627\u0644\u0648\u0637\u0646\u064a\u0629 \u0644\u0625\u062f\u0627\u0631\u0629 \u0627\u0644\u0645\u0634\u0627\u0631\u064a\u0639
\n\u0622\u062e\u0631 \u0648\u0627\u062d\u062f \u0641\u064a \u0642\u0627\u0626\u0645\u0629 \u0634\u0647\u0627\u062f\u0627\u062a CAPM Montreal Certification Montreal \u0627\u0644\u062e\u0627\u0635\u0629 \u0628\u0646\u0627 \u0647\u0648 National Project Management Inc. \u0648\u0647\u064a \u0634\u0631\u0643\u0629 \u062a\u062f\u0631\u064a\u0628 \u0648\u0627\u0633\u062a\u0634\u0627\u0631\u0627\u062a \u0641\u064a \u0625\u062f\u0627\u0631\u0629 \u0627\u0644\u0645\u0634\u0627\u0631\u064a\u0639. \u062a\u0642\u062f\u0645 \u062e\u062f\u0645\u0627\u062a\u0647\u0627 \u0641\u064a \u0645\u062f\u0646 \u0645\u062e\u062a\u0644\u0641\u0629 \u0641\u064a \u0643\u0646\u062f\u0627. \u062a\u062a\u0645\u062a\u0639 National Project Management \u0628\u0633\u0645\u0639\u0629 \u0637\u064a\u0628\u0629 \u0641\u064a \u0643\u0646\u062f\u0627 \u0648\u062a\u062f\u064a\u0631 \u0628\u0627\u0646\u062a\u0638\u0627\u0645 \u062f\u0648\u0631\u0627\u062a \u0625\u062f\u0627\u0631\u0629 \u0627\u0644\u0645\u0634\u0627\u0631\u064a\u0639. \u0644\u0642\u062f \u0642\u0627\u0645\u0648\u0627 \u0628\u0625\u062c\u0631\u0627\u0621 \u062a\u062f\u0631\u064a\u0628 CAPM \u0644\u0641\u062a\u0631\u0629 \u0637\u0648\u064a\u0644\u0629. \u0625\u0646\u0647\u0645 \u064a\u0642\u062f\u0645\u0648\u0646 \u062f\u0648\u0631\u0629 \u0634\u0647\u0627\u062f\u0629 CAPM \u0645\u0648\u0646\u062a\u0631\u064a\u0627\u0644 \u0645\u0628\u0627\u0634\u0631\u0629 \u0648\u0634\u062e\u0635\u064a\u0629 \u0648\u0623\u064a\u0636\u064b\u0627 \u0639\u0628\u0631 \u0627\u0644\u0625\u0646\u062a\u0631\u0646\u062a \u0644\u0644\u062a\u0639\u0644\u0645 \u0627\u0644\u0630\u0627\u062a\u064a.
\n\u0645\u0644\u062e\u0635 \u0627\u0644\u062f\u0648\u0631\u0629
\n\u0641\u064a \u0627\u0644\u0648\u0642\u062a \u0627\u0644\u062d\u0627\u0636\u0631\u060c \u0644\u0627 \u064a\u0643\u0641\u064a \u0645\u062c\u0631\u062f \u062d\u0645\u0644 \u0634\u0647\u0627\u062f\u0629 \u0641\u064a \u064a\u062f\u0643. \u0634\u0647\u0627\u062f\u0629 CAPM \u0647\u064a \u0634\u0647\u0627\u062f\u0629 \u0636\u0631\u0648\u0631\u064a\u0629 \u0644\u0623\u0648\u0644\u0626\u0643 \u0627\u0644\u0630\u064a\u0646 \u064a\u0631\u063a\u0628\u0648\u0646 \u0641\u064a \u0627\u0644\u062a\u0645\u064a\u0632 \u0628\u064a\u0646 \u0623\u0648\u0644\u0626\u0643 \u0627\u0644\u0630\u064a\u0646 \u064a\u062d\u0645\u0644\u0648\u0646 \u0634\u0647\u0627\u062f\u0629 \u0641\u0642\u0637. \u0634\u0647\u0627\u062f\u0629 CAPM \u0645\u0641\u064a\u062f\u0629 \u0628\u0646\u0641\u0633 \u0627\u0644\u0642\u062f\u0631 \u0644\u0623\u0648\u0644\u0626\u0643 \u0627\u0644\u0630\u064a\u0646 \u0644\u0627 \u064a\u062d\u0645\u0644\u0648\u0646 \u0623\u064a \u0634\u0647\u0627\u062f\u0629 \u0648\u064a\u0631\u063a\u0628\u0648\u0646 \u0641\u064a \u0627\u0644\u062d\u0635\u0648\u0644 \u0639\u0644\u0649 \u0648\u0638\u064a\u0641\u0629 \u0630\u0627\u062a \u0623\u062c\u0631 \u0645\u0631\u062a\u0641\u0639. \u0643\u0645\u0627 \u064a\u0645\u0643\u0646 \u0644\u0634\u0647\u0627\u062f\u0629 CAPM \u0623\u0646 \u062a\u0633\u0647\u0644 \u0639\u0644\u064a\u0643 \u0627\u0644\u062a\u062d\u0648\u0644 \u0627\u0644\u0648\u0638\u064a\u0641\u064a.
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