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CAPM Practice Questions

Certified Associate in Project Management (CAPM)

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Total Questions : 1326

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Question # 51

Updates to organizational process assets such as procurement files, deliverable acceptances, and lessons learned documentation are typical outputs of which process?

Options:

A.  

Close Project or Phase

B.  

Conduct Procurements

C.  

Control Procurements

D.  

Close Procurements

Discussion 0
Question # 52

Which of the following helps to ensure that each requirement adds business value by linking it to the business and project objectives?

Options:

A.  

Requirements traceability matrix

B.  

Work breakdown structure (WBS) dictionary

C.  

Requirements management plan

D.  

Requirements documentation

Discussion 0
Question # 53

A project manager seeking insight on previous stakeholder management plans and their effectiveness should evaluate:

Options:

A.  

Historical information and the lessons-learned database.

B.  

Historical information and the stakeholder register.

C.  

Organizational process assets and the lessons-learned database.

D.  

Project documents and historical information.

Discussion 0
Question # 54

Which of the following is a statistical concept that calculates the average outcome when the future includes scenarios that may or may not happen?

Options:

A.  

Sensitivity analysis

B.  

Three-point estimate

C.  

Modeling and simulation

D.  

Expected monetary value analysis

Discussion 0
Question # 55

What should a project manager use to determine how much money is needed to complete a project?

Options:

A.  

Earned value management (EVM)

B.  

Estimate at completion (EAC)

C.  

Earned value analysis (EVA)

D.  

Budget at completion (BAG)

Discussion 0
Question # 56

Projects are separated into phases or subprojects; these phases include:

Options:

A.  

feasibility study, concept development, design, and prototype.

B.  

initiate, plan, execute, and monitor.

C.  

Develop Charter, Define Activities, Manage Stakeholder Expectations, and Report Performance.

D.  

Identify Stakeholders, develop concept, build, and test.

Discussion 0
Question # 57

What is the term assigned to products or services having the same functional use but different technical characteristics?

Options:

A.  

Scope

B.  

Quality

C.  

Specification

D.  

Grade

Discussion 0
Question # 58

After an internal deliverable review session with the team, the project manager indicates some issues that need to be fixed before submitting the deliverable for formal approval. The project manager will need to manage the additional costs and the required network. How would the project manager define extra costs?

Options:

A.  

Appraisal costs

B.  

Management reserves

C.  

Cost of nonconformance

D.  

Cost of conformance

Discussion 0
Question # 59

The contract in which the seller is reimbursed for all allowable costs for performing the contract work and then receives a fee based upon achieving certain performance objectives is called a:

Options:

A.  

Cost Plus Incentive Fee Contract (CPIF).

B.  

Cost Plus Fixed Fee Contract (CPFF).

C.  

Fixed Price Incentive Fee Contract (FPIF).

D.  

Time and Material Contract (TandM).

Discussion 0
Question # 60

Correlated and contextualized information on how closely the scope is being maintained relative to the scope baseline is contained within:

Options:

A.  

project documents updates.

B.  

project management plan updates.

C.  

change requests.

D.  

work performance information.

Discussion 0
Question # 61

A project manager who communicates to the project team though email is using which type of communication?

Options:

A.  

Formal

B.  

Informal

C.  

Horizontal

D.  

Unofficial

Discussion 0
Question # 62

Company A’s accountant sends notification about a change in the company’s tax classification.

What would a project have to be initiated?

Options:

A.  

To change business and technological strategies

B.  

To improve processes and services

C.  

To meet regulatory and legal requirements

D.  

To satisfy stakeholder requests

Discussion 0
Question # 63

If the estimate at completion (EAC) is 25, and the budget at completion (BAC) is 17, what is the variance at completion (VAC)?

Options:

A.  

-8

B.  

425

C.  

1.4

D.  

8

Discussion 0
Question # 64

Which process involves identifying and documenting the logical relationships between project activities?

Options:

A.  

Develop Schedule

B.  

Sequence Activities

C.  

Create WBS

D.  

Applying leads and lags

Discussion 0
Question # 65

A project manager was assigned to a project with high uncertainty. What is the recommended method to calculate the project budget?

Options:

A.  

Detailed estimation

B.  

Lightweight estimation

C.  

Parametric estimation

D.  

A mix of them

Discussion 0
Question # 66

If you are using an Ishikawa diagram to determine the root cause of problems, which process are you engaged in?

Options:

A.  

Plan Quality Management

B.  

Control Quality

C.  

Risk Management

D.  

Plan Scope Management

Discussion 0
Question # 67

The process of aggregating the estimated costs of individual activities or work packages to establish an authorized cost baseline is:

Options:

A.  

Determine Budget.

B.  

Baseline Budget.

C.  

Control Costs.

D.  

Estimate Costs.

Discussion 0
Question # 68

Which of the following is a strategy to deal with positive risks or opportunities?

Options:

A.  

Mitigate

B.  

Transfer

C.  

Exploit

D.  

Avoid

Discussion 0
Question # 69

A project team is evaluating criteria to determine project viability. Which of these activities will provide insight into making a go/no-go decision to start the project?

Options:

A.  

Cost of quality (COQ)

B.  

Lessons learned

C.  

Cost-benefit analysis

D.  

Benchmarking

Discussion 0
Question # 70

Information collected on the status of project activities being performed to accomplish the project work is known as what?

Options:

A.  

Project management information system

B.  

Work performance information

C.  

Work breakdown structure

D.  

Variance analysis

Discussion 0
Question # 71

Which is an enterprise environmental factor?

Options:

A.  

Marketplace conditions

B.  

Policies and procedures

C.  

Project files from previous projects

D.  

Lessons learned from previous projects

Discussion 0
Question # 72

A project manager should document the escalation path for unresolved project risks in the:

Options:

A.  

Change control plan

B.  

Stakeholder register

C.  

Risk log

D.  

Communications management plan

Discussion 0
Question # 73

An input to the Collect Requirements process is the:

Options:

A.  

stakeholder register.

B.  

project management plan.

C.  

project scope statement.

D.  

requirements management plan.

Discussion 0
Question # 74

Which process involves subdividing project deliverables and project work into smaller, more manageable portions?

Options:

A.  

Develop Schedule

B.  

Create VVBS

C.  

Estimate Activity Resources

D.  

Define Scope

Discussion 0
Question # 75

Which project life cycle follows a plan reviewed and approved by the stakeholders?

Options:

A.  

Predictive

B.  

Adaptive

C.  

Iterative

D.  

Incremental

Discussion 0
Question # 76

A project team for a marketing company is acquiring leaflets and materials from competitors. The team is working on a project to release new products, and they are trying to get ideas on how to most efficiently market these new products.

Which activity is the project team conducting?

Options:

A.  

Project execution

B.  

Benchmarking

C.  

Brainstorming

D.  

Project initiation

Discussion 0
Question # 77

The following is a network diagram for a project.

The total float for the project is how many days?

Options:

A.  

3

B.  

5

C.  

7

D.  

9

Discussion 0
Question # 78

Which of the following is a narrative description of products, services, or results to be delivered by a project?

Options:

A.  

Project statement of work

B.  

Business case

C.  

Accepted deliverable

D.  

Work performance information

Discussion 0
Question # 79

Which of the following are outputs of define scope process in project scope management

Options:

A.  

Requirements documentation and requirements traceability matrix

B.  

Scope management plan and requirements management plan

C.  

Project Scope statement and project documents updates

D.  

Scope baseline and project documents updates

Discussion 0
Question # 80

Assigned risk ratings are based upon:

Options:

A.  

Root cause analysis.

B.  

Risk probability and impact assessment.

C.  

Expert judgment.

D.  

Revised stakeholders ' tolerances.

Discussion 0
Question # 81

Perform Quantitative Risk Analysis focuses on:

Options:

A.  

compiling a list of known risks and preparing responses to them.

B.  

assessing the probability of occurrence and Impact for every risk in the risk register.

C.  

evaluating the contingency and management reserves required for the project.

D.  

analyzing numerically the impact of individual risks on the overall project ' s time and cost objectives.

Discussion 0
Question # 82

Which key benefit can a project manager obtain by identifying stakeholders?

Options:

A.  

Identify the appropriate focus for engagement of each stakeholder.

B.  

Assess the risk exposure for each stakeholder.

C.  

Map stakeholder power and influence grid.

D.  

Identify the appropriate channels of communication with all stakeholders.

Discussion 0
Question # 83

In the Plan Stakeholder Management process, expert judgment is used to:

Options:

A.  

Provide information needed to plan appropriate ways to engage project stakeholders.

B.  

Ensure comprehensive identification and listing of new stakeholders.

C.  

Analyze the information needed to develop the project scope statement.

D.  

Decide the level of engagement of the stakeholders at each required stage.

Discussion 0
Question # 84

A project manager is working in an environment where requirements are not very clear and may change during the project. In addition, the project has several stakeholders and is technically complex.

Which strategies should the project manager take into account for risk management in this environment?

Options:

A.  

Occasionally identify, evaluate, and classify risks.

B.  

Review requirements and cross-functional project teams.

C.  

Include contingency reserves and update the project management plan frequently.

D.  

Frequently review incremental work products and update the requirements for proper prioritization.

Discussion 0
Question # 85

The project manager is leading a construction project that has been ongoing for eight years. The project manager needs to calculate the correct static payback period and consults the cash flow statement of the construction project investment.

What equation should the project manager use?

Options:

A.  

Static payback period = 6 + 1300 / 500 = 6.6

B.  

Static payback period = 3 + 1200 / 500 = 5.4

C.  

Static payback period = 5 + 700 / 500 = 5.4

D.  

Static payback period = 5 + 200 / 500 = 5.4

Discussion 0
Question # 86

An input required in Define Scope is an organizational:

Options:

A.  

structure.

B.  

process asset.

C.  

matrix.

D.  

breakdown structure.

Discussion 0
Question # 87

A measure of cost performance that is required to be achieved with the remaining resources in order to meet a specified management goal and is expressed as the ratio of the cost needed for finishing the outstanding work to the remaining budget is known as the:

Options:

A.  

budget at completion (BAC)

B.  

earned value management (EVM)

C.  

to-complete performance index

D.  

cost performance index

Discussion 0
Question # 88

When is a project finished?

Options:

A.  

After verbal acceptance of the customer or sponsor

B.  

After lessons learned have been documented in contract closure

C.  

When the project objectives have been met

D.  

After resources have been released

Discussion 0
Question # 89

What provides information regarding the ways people, teams, and organizational units behave?

Options:

A.  

Organizational chart

B.  

Organizational theory

C.  

Organizational structure

D.  

Organizational behavior

Discussion 0
Question # 90

Which is one of the determining factors used to calculate CPI?

Options:

A.  

EV

B.  

SPI

C.  

PV

D.  

ETC

Discussion 0
Question # 91

To ensure stakeholder satisfaction; identified stakeholder needs should all be

Options:

A.  

Vetted

B.  

Ranked from greatest to least

C.  

Qualified

D.  

Documented in the stakeholder engagement plan

Discussion 0
Question # 92

The correct equation for schedule variance (SV) is earned value:

Options:

A.  

minus planned value [EV - PV].

B.  

minus actual cost [EV - AC].

C.  

divided by planned value [EV/PV],

D.  

divided by actual cost [EV/AC].

Discussion 0
Question # 93

Which roles does the project manager resemble best?

Options:

A.  

Orchestra conductor

B.  

Facilities supervisor

C.  

Functional manager

D.  

School principal

Discussion 0
Question # 94

The project team of a predictive project is following the requirements traceability matrix to ensure the deliverables align with customer expectations. If the project had been an adaptive project, the project team would use a different artifact to ensure the deliverables align with customer expectations. What should the project team use in an adaptive project?

Options:

A.  

Business case

B.  

Product backlog

C.  

Milestone list

D.  

Product management plan

Discussion 0
Question # 95

In which sphere of influence is the project manager demonstrating the value of project management and advancing the efficacy of the project management office (PMO)?

Options:

A.  

The organization

B.  

The project

C.  

The industry

D.  

The product

Discussion 0
Question # 96

A project manager is working with the team to prepare the estimates for various work items. The team needs to compare the relative sizing of the items. What should the project manager suggest the team use?

Options:

A.  

Project task estimation

B.  

Dependency planning

C.  

Story point estimation

D.  

Sprint planning

Discussion 0
Question # 97

Which Perform Quality Control tool graphically represents how various elements of a system interrelate?

Options:

A.  

Control chart

B.  

Flowchart

C.  

Run chart

D.  

Pareto chart

Discussion 0
Question # 98

How is program success measured?

Options:

A.  

By delivering the benefit of managing the program ' s projects in a coordinated manner

B.  

By the quality, timeliness, cost-effectiveness, and customer satisfaction of the product or service

C.  

By completing the right projects to achieve objectives rather than completing projects the right way

D.  

By aggregating the successes of the individual projects in the program

Discussion 0
Question # 99

A project manager is working on the communications management plan. Which of these documents are inputs to consider?

Options:

A.  

Stakeholder engagement plan and organizational process assets

B.  

Project schedule and stakeholder register

C.  

Quality management plan and risk register

D.  

Basis of estimates and scope baseline

Discussion 0
Question # 100

What do top project managers do to maximize their sphere of influence within a project team?

Options:

A.  

Consider management standards, economic factors, and sustainability strategies

B.  

Contribute knowledge and expertise to others within the profession

C.  

C Address political and strategic issues that impact the project ' s viability or quality

D.  

D Demonstrate superior relationship and communication skills while displaying a positive attitude

Discussion 0
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