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The Certified Associate in Project Management (CAPM) is a certification issued by the Project Management Institute (PMI) for individuals who want to demonstrate their understanding and knowledge of project management concepts and techniques. The CAPM certification provides an entry-level certification in project management and is especially beneficial for individuals who are new to the field.
NEW QUESTION # 352
An input required in Define Scope is an organizational:
- A. breakdown structure.
- B. matrix.
- C. structure.
- D. process asset.
Answer: D
NEW QUESTION # 353
What is the recommended approach for handling risk in a high-variability environment?
- A. Predictive
- B. Adaptive
- C. Iterative
- D. Incremental
Answer: B
NEW QUESTION # 354
A project manager engages a highly specialized resource who is in a different location and cannot join the regular team meetings. This is leading to delays in productivity.
How can the project manager assist the team to resolve the issue?
- A. Log this issue in the issue log and escalate it to the management team, asking them to replace the new team member.
- B. Consult the communications management plan to review available options, such as special virtual meetings, with the new resource.
- C. Ask the team to identify possible options to resolve the issue with minimal impact to the new resource.
- D. Request the new resource be relocated with the rest of the team and document a change request for the project.
Answer: B
NEW QUESTION # 355
When is a Salience Model used?
- A. In stakeholder analysis
- B. During quality control (QC)
- C. During quality assurance
- D. In a work breakdown structure (WBS)
Answer: A
NEW QUESTION # 356
A project manager is performing a specific process and has a list of accepted deliverables. One of the stakeholders points out that they have just reviewed the verified deliverables, and come up with the list of accepted deliverables.
Which process is being referred to?
- A. Control Quality
- B. Validate Scope
- C. Control Scope
- D. Validate Quality
Answer: A
NEW QUESTION # 357
In Plan Risk Management, which of the management plans determines who will be available to share information on various risks and responses at different times and locations?
- A. Quality
- B. Schedule
- C. Communications
- D. Cost
Answer: C
Explanation:
Section: Volume E
Explanation:
Process: 11.1 Plan Risk Management
Definition: The process of defining how to conduct risk management activities for a project.
Key Benefit: The key benefit of this process is it ensures that the degree, type, and visibility of risk management are commensurate with both the risks and the importance of the project to the organization. The risk management plan is vital to communicate with and obtain agreement and support from all stakeholders to ensure the risk management process is supported and performed effectively over the project life cycle.
Inputs
1. Project management plan
2. Project charter
3. Stakeholder register
4. Enterprise environmental factors
5. Organizational process assets
Tools & Techniques
1. Analytical techniques
2. Expert judgment
3. Meetings
Outputs
Risk management plan
NEW QUESTION # 358
What are the inputs of the Estimate Costs process?
- A. Project management plan, enterprise environmental factors, basis of estimates, and organizational process assets
- B. Cost baseline, enterprise environmental factors, benefits management plan, and organizational process assets
- C. Project management plan, work performance data, enterprise environmental factors, and organizational process assets
- D. Project management plan, project documents, enterprise environmental factors, and organizational process assets
Answer: D
Explanation:
Section: Volume E
Explanation/Reference:
Reference: https://4squareviews.com/2018/05/16/6th-edition-pmbok-guide-process-7-2-estimate-costs-inputs/
NEW QUESTION # 359
Which of the Project Time Management processes analyzes activity sequencing, durations, resource requirements, and schedule constraints?
- A. Develop Schedule
- B. Control Schedule
- C. Estimate Activity Durations
- D. Sequence Activities
Answer: A
Explanation:
Section: Volume E
Explanation:
Process: 6.6 Develop Schedule
Definition: The process of analyzing activity sequences, durations, resource requirements, and schedule constraints to create the project schedule model.
Key Benefit: The key benefit of this process is that by entering schedule activities, durations, resources, resource availabilities, and logical relationships into the scheduling tool, it generates a schedule model with planned dates for completing project activities.
Inputs
1. Schedule management plan
2. Activity list
3. Activity attributes
4. Project schedule network diagrams
5. Activity resource requirements
6. Resource calendars
7. Activity duration estimates
8. Project scope statement
9. Risk register
10.Project staff assignments
11.Resource breakdown structure
12.Enterprise environmental factors
13.Organizational process assets
Tools & Techniques
1. Schedule network analysis
2. Critical path method
3. Critical chain method
4. Resource optimization techniques
5. Modeling techniques
6. Leads and lags
7. Schedule compression
8. .Scheduling tool
Outputs
1. Schedule baseline
2. .Project schedule
3. Schedule data
4. Project calendars
5. Project management plan updates
6. Project documents updates
NEW QUESTION # 360
A new project has been set. Four main stakeholders besides the project manager and four other team members have been identified.
How many communication channels are available?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: C
NEW QUESTION # 361
The following is a network diagram for a project.
The free float for Activity H is how many days?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: B
NEW QUESTION # 362
Which of the following is used to classify stakeholders based on their assessments of power, urgency, and legitimacy?
- A. Stakeholder cube
- B. Power interest grid
- C. Salience model
- D. Directions of influence
Answer: C
Explanation:
Section: Volume E
Explanation/Reference: https://pmstudycircle.com/2015/09/salience-model-to-analyze-project-stakeholders/
NEW QUESTION # 363
Which of the following are an enterprise environmental factor that can influence the Identify Risks process?
- A. Work performance reports
- B. Academic studies
- C. Assumptions logs
- D. Network diagrams
Answer: B
NEW QUESTION # 364
The links between the processes in the Process Groups are often:
- A. Monitored
- B. Measured
- C. Intuitive
- D. Iterative
Answer: D
NEW QUESTION # 365
A special type of bar chart used in sensitivity analysis for comparing the relative importance of the variables is called a:
- A. tornado diagram
- B. triangular distribution
- C. fishbone diagram
- D. beta distribution
Answer: A
Explanation:
Explanation/Reference:
Explanation:
11.4.2.2 Quantitative Risk Analysis and Modeling Techniques page 337
Commonly used techniques use both event-oriented and project-oriented analysis approaches, including:
* Sensitivity analysis. Sensitivity analysis helps to determine which risks have the most potential impact on the project. It helps to understand how the variations in project's objectives correlate with variations in different uncertainties. Conversely, it examines the extent to which the uncertainty of each project element affects the objective being studied when all other uncertain elements are held at their baseline values. One typical display of sensitivity analysis is the tornado diagram (Figure 11-15), which is useful for comparing relative importance and impact of variables that have a high degree of uncertainty to those that are more stable.
The Tornado diagram is also helpful in analyzing risk-taking scenarios enabled on specific risks whose quantitative analysis highlights possible benefits greater than corresponding identified negative impacts. A tornado diagram is a special type of bar chart used in sensitivity analysis for comparing the relative importance of the variables. In a tornado diagram, the Y-axis contains each type of uncertainty at base values, and the X-axis contains the spread or correlation of the uncertainty to the studied output. In this figure, each uncertainty contains a horizontal bar and is ordered vertically to show uncertainties with a decreasing spread from the base values.
NEW QUESTION # 366
The review of a sellers progress toward achieving the goals of scope and quality within cost and schedule compared to the contract is known as:
- A. Inspections and audits.
- B. Payment systems.
- C. Work performance information.
- D. Procurement performance reviews.
Answer: D
Explanation:
Section: Volume A
Explanation:
Process: 12.3 Control Procurements
Definition: The process of managing procurement relationships, monitoring contract performance, and making changes and corrections as appropriate.
Key Benefit: The key benefit of this process is that it ensures that both the seller's and buyer's performance meets procurement requirements according to the terms of the legal agreement.
Inputs
1. Project management plan
2. Procurement documents
3. Agreements
4. Approved change requests
5. Work performance reports
6. Work performance data
Tools & Techniques
1. Contract change control system
2. Procurement performance reviews
3. Inspections and audits
4. Performance reporting
5. Payment systems
6. Claims administration
7. Records management system
Outputs
1. Work performance information
2. Change requests
3. Project management plan updates
4. Project documents updates
5. Organizational process assets updates
NEW QUESTION # 367
In Project Resource Management, which process uses recognition and rewards as a tool and technique?
- A. Monitor Team
- B. Develop Team
- C. Control Resources
- D. Manage Team
Answer: B
NEW QUESTION # 368
What is one of the main purposes of the project chatter?
- A. Formal approval of the detailed project budget
- B. Formal definition of stakeholder roles and responsibilities
- C. Formal authorization of the existence of the project
- D. Formal acceptance of the project management plan
Answer: C
NEW QUESTION # 369
While working in an adaptive environment, a business analyst is collaborating with other roles in drafting a product roadmap. Which three roles are involved in establishing the product roadmap? (Choose three)
- A. Portfolio manager
- B. Program manager
- C. Internal inspector
- D. Project sponsor
- E. End user
Answer: B,D,E
NEW QUESTION # 370
Which component of the project charter defines what the project's success will look like?
- A. Project exit criteria
- B. Project objective
- C. Project approval requirements
- D. High-level requirements
Answer: B
NEW QUESTION # 371
Product requirements specify a functionality that depends upon expertise that is unavailable internally. What process should be implemented to generate a make-or-buy decision?
- A. Plan Risk Responses
- B. Conduct Procurements
B Plan Procurement Management - C. Plan Risk Management
Answer: A
NEW QUESTION # 372
A project has an estimated duration of 10 months with a total budget of US$220,000. At the end of the fifth month, it is estimated that at completion, the project will incur US$250,000. If the actual cost (AC) calculated is US$150,000, what is the earned value (EV) of the project?
- A. US$370,000
- B. US$120,000
- C. USS-30,000
- D. US$400,000
Answer: C
NEW QUESTION # 373
A project stakeholder is requesting changes to the project plan. Which process group addresses this?
- A. Initiating
- B. Planning
- C. Monitoring and Controlling
- D. Executing
Answer: C
Explanation:
Explanation/Reference:
Reference: https://4squareviews.com/2018/10/19/6th-edition-pmbok-guide-process-13-3-manage- stakeholder-engagement-outputs/
NEW QUESTION # 374
A given schedule activity is most likely to last four weeks. In a best-case scenario, the schedule activity is estimated to last two weeks. In a worst-case scenario, the schedule activity is estimated to last 12 weeks.
Given these three estimates, what is the expected duration of the activity?
- A. Three weeks
- B. Four weeks
- C. Six weeks
- D. Five weeks
Answer: D
NEW QUESTION # 375
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