Certified Associate In Project Management (CAPM)
TestPrep Academy
Exam: CAPM
Question: 1 / 55
90:00
You are working on a project that is designing a prototype for a new model of trucks. The current project stage is progressing as follows: the earned value is $655,000, the actual cost is $625,000, the planned value is $640,000, and the estimate to complete is $129,000. What is the current cost variance for the project?
A. $15,000
B. 1.02
C. $30,000
D. 1.05
Which process results in verified deliverables?
A. Validate Scope
B. Control Quality
C. Close Project or Phase
D. Monitor and Control Project Work
Which process in the Monitoring and Controlling Process Group contains the activities used to ensure that completed deliverables are formally accepted?
A. Validate Scope
B. Control Communications
C. Control Procurements
D. Monitor and Control Project Work
What is used during the Determine Budget process to ensure planned expenditures do not exceed the amount of funds that are committed to the project at any point in time?
A. Funding limit reconciliation
B. Reserve analysis
C. Historical information review
D. Cost aggregation
Which item is
BEST
characterized as being a work performance report?
A. Actual activity durations
B. Notes identifying potential issues
C. The status of change requests
D. Scheduled activity dates
Which input is used by the Plan Scope Management process to determine the approach that will be used to plan and manage the project scope?
A. Project charter
B. Project scope statement
C. Project management plan
D. Requirements documentation
The following are domains of the common governance framework that can be applied to a standalone project, or a project being run as part of a program or portfolio
EXCEPT
:
A. Communications
B. Risk
C. Performance
D. Oversight
Which estimating technique is used during the Estimate Costs process when you need to account for uncertainty?
A. Analogous
B. Bottom-up
C. Parametric
D. Three-point
The following processes are part of the Project Schedule Management Knowledge Area
EXCEPT
:
A. Estimate Activity Resources
B. Define Activities
C. Collect Requirements
D. Control Schedule
How do the top two percent of project managers distinguish themselves from other project managers?
A. Superior forecasting skills
B. Superior planning skills
C. Superior communication skills
D. Superior technical skills
Which statement regarding portfolio management is
TRUE
?
A. High level plans are used to track interdependencies and progress
B. Provides decision-making transparency
C. It is focused on the ongoing production of goods and services
D. Scope is progressively elaborated
Which of the following documents is helpful for establishing risk thresholds during the plan risk management process?
A. Risk report
B. Risk register
C. Issue log
D. Stakeholder register
Which Process Group focuses on progressive elaboration?
A. Executing
B. Planning
C. Initiating
D. Monitoring and Controlling
All of the following are common sections that can be found in the schedule management plan
EXCEPT
:
A. Project calendar
B. Measurement units
C. Control thresholds
D. Performance measurement
Which project document contains status information that can be used for communication purposes?
A. Work performance reports
B. Stakeholder register
C. Communications management plan
D. Project charter
Which process within the Project Integration Management Knowledge Area is part of the Planning Process Group?
A. Develop Project Charter
B. Develop Project Management Plan
C. Perform Integrated Change Control
D. Direct and Manage Project Work
While in the process of estimating costs for a complex project activity, you obtain a range of estimates from an expert in the industry. The expert states that while the activity could be completed for as little as $300, it is possible it could cost as much as $1200 to complete. They also tell you that from past experience the activity typically costs $450. What is the beta distribution estimate for this activity?
A. $450
B. $650
C. $550
D. $1,200
What is used during the Collect Requirements process to determine how to define and develop the project scope?
A. Project charter
B. Project scope statement
C. Requirements management plan
D. Scope management plan
Program management is described by all of the following
EXCEPT
:
A. A series of repetitive undertakings
B. A centralized way to manage a series of related projects to achieve strategic benefits
C. A collection of projects and other work that have been grouped together to meet strategic business objectives
D. A group of related projects coordinated together that has benefits above managing the project individually
Which Process Group is the Conduct Procurements process contained within?
A. Closing
B. Planning
C. Executing
D. Monitoring and Controlling
Identify the outputs of the Conduct Procurements process. Choose 3.
A. Change requests
B. Procurement documents
C. Agreements
D. Advertising
E. Selected sellers
During which Schedule Management process are contingency reserves determined?
A. Define Activities
B. Plan Schedule Management
C. Develop Schedule
D. Estimate Activity Durations
Which process is responsible for generating cost and schedule performance data?
A. Direct and Manage Project Work
B. Control Schedule
C. Monitor and Control Project Work
D. Control Costs
A project manager is currently performing variance analysis as part of the Control Schedule process. At this stage of the project, the project manager has determined that the planned value is $182,000, the actual costs are $132,500, and the project has currently earned $165,000. What is the SPI at this stage of the project?
A. -$17,000
B. 1.25
C. $32,500
D. 0.91
What is an output of the Acquire Project Team process and is used to stipulate when people are allocated to the project team?
A. Resource calendars
B. Human resource management plan
C. Project staff assignments
D. Project management plan updates
Which tool, used during the Plan Quality Management process, uses quality criteria from another project as a reference point for the current project's quality criteria?
A. Benchmarking
B. Flowcharts
C. Cost-benefit analysis
D. Statistical sampling
Which organization type utilizes project managers with full authority for directing project work?
A. Balanced matrix
B. Projectized
C. Functional
D. Weak matrix
Identify the project manager's role in project integration management.
A. Ensure that the original project integration management processes are applied to the project's life cycle
B. Accept full responsibility for the project
C. Ensure business operations run swiftly
D. Request authorization to use organizational resources in project tasks
While managing project communications, what offers a way to express the analyzed and integrated work performance data in a clear and succinct way that stakeholders can understand?
A. Stakeholder register
B. Team performance assessments
C. Project reporting
D. Work performance information
Which Process Group includes the Validate Scope process?
A. Monitoring and Controlling
B. Planning
C. Executing
D. Initiating
Which of these is a feature of adaptive environments in project schedule management?
A. The project manager must have expert knowledge of adaptive approaches
B. They require that the project manager's role be revised
C. They use longer cycles to complete work
D. The work cycles manifest as iterative scheduling
Which statement
BEST
describes a characteristic of the project management plan?
A. Updates to the project management plan require approval through the Perform Integrated Change Control process.
B. The project management plan contains the milestone list.
C. The business case is one of the inputs when developing the project management plan.
D. Once developed, the project management plan should not be updated.
Which process is responsible for managing risks and performing the risk response activities?
A. Plan Risk Responses
B. Perform Quantitative Risk Analysis
C. Direct and Manage Project Work
D. Identify Risks
Which input to the Plan Human Resource Management process should be used to locate information related to the organization's culture?
A. Activity resource requirements
B. Project management plan
C. Organizational process assets
D. Enterprise environmental factors
Which item is a key input to the Monitor Stakeholder Engagement process?
A. Enterprise environmental factors
B. Work performance information
C. Organizational process assets
D. Work performance data
Which type of precedence relationship is most commonly used in PDM?
A. SF
B. SS
C. FF
D. FS
In which type of organization would a project manager carry the most authoritative power?
A. Balanced matrix organization
B. Weak matrix organization
C. Projectized organization
D. Strong matrix organization
Which tool or technique is used by the Perform Qualitative Risk Analysis process to prioritize project risks?
A. Risk probability and impact assessment
B. Probability and impact matrix
C. Risk categorization
D. Risk data quality assessment
Salience model is an example of which tool or technique of the Identify Stakeholders process?
A. Data representation
B. Expert judgment
C. Stakeholder register
D. Data gathering
What is the role of the project manager in project scope management?
A. Assist with product implementation
B. Ensure that project tasks are achieved on time
C. Identify business needs
D. Obtain and manage stakeholder requirements
Which Process Group contains the activities used to record the effects of tailoring the processes to the project environment?
A. Closing
B. Planning
C. Executing
D. Monitoring and Controlling
Which tool or technique is used by the Collect Requirements process to quickly accumulate information from a large number of geographically separated stakeholders?
A. Questionnaires and surveys
B. Benchmarking
C. Prototypes
D. Focus groups
Which process involves obtaining seller responses?
A. Conduct Procurements
B. Control Resources
C. Control Procurements
D. Plan Procurement Management
A project manager determines that he will need five programmers to test an application's code from Monday to Friday. However, the project manager will only need three programmers from Monday to Friday if one programmer works the weekend. What did the project manager use in this scenario?
A. Data analysis
B. Expert judgement
C. Bottom-up estimating
D. Parametric estimating
What is used during the Manage Quality process that starts with a central idea and records associated issues and causes while solving the problem?
A. Histograms
B. Scatter diagrams
C. Affinity diagrams
D. Design for X
You are working on a project that is designing a new office building. The current project stage is progressing as follows: the earned value is $1,255,000, the actual cost is $1,329,000, the planned value is $1,280,000, and the estimate to complete is $325,000. What is the current cost performance index for the project?
A. -$25,000
B. 0.98
C. -$74,000
D. 0.94
Which project cost management process makes use of the following data analysis techniques: earned value analysis, variance analysis, trend analysis, and reserve analysis?
A. Determine budget
B. Control costs
C. Plan cost management
D. Estimate costs
Which leadership style focuses on accomplishments to determine rewards, empowers followers by example, and can inspire with enthusiasm and self-confidence?
A. Interactional
B. Transactional
C. Charismatic
D. Transformational
Which input to the Perform Qualitative Risk Analysis process contains useful information from risk databases available to the industry?
A. Risk register
B. Risk management plan
C. Enterprise environmental factors
D. Organizational process assets
The following statements are true regarding tailoring project management
EXCEPT
:
A. The various levels of governance should be considered
B. It should address the various competing constraints
C. The culture of the organization should be considered
D. You should try to include some form of each PMBOK Guide process
Which risk management process involves prioritizing risks for further analysis?
A. Perform Quantitative Risk Analysis
B. Plan Risk Management
C. Perform Qualitative Risk Analysis
D. Plan Risk Responses
Which source is used during the Acquire Project Team process to identify the number of people and skills required by the project?
A. Organizational process assets
B. Project staff assignments
C. Resource calendars
D. Human resource management plan
In what type of organizational structure is a project manager known as a project expeditor?
A. Weak matrix
B. Strong matrix
C. Projectized
D. Balanced matrix
During which Process Group are the most project funds typically spent?
A. Initiating
B. Executing
C. Monitoring and Controlling
D. Planning
Which tool or technique is used by the Create WBS process?
A. Alternatives analysis
B. Precedence diagramming method
C. Product analysis
D. Decomposition
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