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CAPM - Certified Associate in Project Management (CAPM) Practice Tests 2023 | DumpsActual
NEW QUESTION 132
Which tool or technique is used in the Develop Project Management Plan process?
- A. SWOT analysis
- B. Pareto diagram
- C. Expert judgment
- D. Performance reporting
Answer: C
Explanation:
Section: Volume E
Explanation/Reference:
NEW QUESTION 133
Match the project life cycle type with its corresponding definition.
Answer:
Explanation:
NEW QUESTION 134
Technical capability, past performance, and intellectual property rights are examples of:
- A. performance measurement criteria
- B. phase exit criteria
- C. product acceptance criteria
- D. source selection criteria
Answer: D
NEW QUESTION 135
Which schedule network analysis technique modifies the project schedule to account for limited resources?
- A. Human resource planning
- B. Critical chain method
- C. Rolling wave planning
- D. Fast tracking
Answer: B
Explanation:
Section: Volume C
Explanation:
6.6.2.3 Critical Chain Method
The critical chain method (CCM) is a schedule method that allows the project team to place buffers on any project schedule path to account for limited resources and project uncertainties. It is developed from the critical path method approach and considers the effects of resource allocation, resource optimization, resource leveling, and activity duration uncertainty on the critical path determined using the critical path method. To do so, the critical chain method introduces the concept of buffers and buffer management. The critical chain method uses activities with durations that do not include safety margins, logical relationships, and resource availability with statistically determined buffers composed of the aggregated safety margins of activities at specified points on the project schedule path to account for limited resources and project uncertainties. The resource-constrained critical path is known as the critical chain.
NEW QUESTION 136
Which is one of the major outputs of Sequence Activities?
- A. Mandatory dependencies list
- B. Project schedule network diagram
- C. Responsibility assignment matrix (RAM)
- D. Work breakdown structure (WBS) update
Answer: B
NEW QUESTION 137
Analogous cost estimating relies on which of the following techniques?
- A. Reserve analysis
- B. Vendor bid analysis
- C. Project management software
- D. Expert judgment
Answer: D
Explanation:
Explanation/Reference:
Explanation:
4.1.2.1 Expert Judgment
Definition: Expert judgment is often used to assess the inputs used to develop the project charter. Expert judgment is applied to all technical and management details during this process. Such expertise is provided by any group or individual with specialized knowledge or training and is available from many sources, including:
Other units within the organization,
Consultants,
Stakeholders, including customers or sponsors,
Professional and technical associations,
Industry groups,
Subject matter experts (SME), and
Project management office (PMO).
NEW QUESTION 138
What are the formal and informal policies, procedures, and guidelines that could impact how the project's scope is managed?
- A. Project scope management plan
- B. Organizational process assets
- C. Project management processes
- D. Enterprise environmental factors
Answer: B
Explanation:
Section: Volume C
Explanation:
2.1.4 Organizational Process Assets
Organizational process assets are the plans, processes, policies, procedures, and knowledge bases specific to and used by the performing organization. They include any artifact, practice, or knowledge from any or all of the organizations involved in the project that can be used to perform or govern the project. The process assets also include the organization's knowledge bases such as lessons learned and historical information. Organizational process assets may include completed schedules, risk data, and earned value data. Organizational process assets are inputs to most planning processes. Throughout the project, the project team members may update and add to the organizational process assets as necessary. Organizational process assets may be grouped into two categories: (1) processes and procedures, and (2) corporate knowledge base.
NEW QUESTION 139
A project team member agrees to change a project deliverable after a conversation with an external stakeholder. It is later discovered that the change has had an adverse effect on another deliverable.
This could have been avoided if the project team had implemented:
- A. Project team building.
- B. A stakeholder management plan.
- C. Integrated change control.
- D. Quality assurance.
Answer: C
NEW QUESTION 140
In which organizational structure would the project manager have most authority?
- A. Organic or simple
- B. Matrix-strong
- C. Matrix-weak
- D. Matrix-balanced
Answer: B
Explanation:
Section: Volume E
Explanation/Reference: https://www.project-management-skills.com/organizational-structure-types.html
NEW QUESTION 141
A project manager is formalizing acceptance of the completed project deliverables.
What is an input to this process?
- A. Completed change requests
- B. Verified deliverables
- C. Accepted deliverables
- D. Validated deliverables
Answer: B
NEW QUESTION 142
When painting a bedroom, preparing the walls can be done while the paint is being chosen.
This is an example of a:
- A. lead
- B. lag
- C. mandatory dependency
- D. internal dependency
Answer: A
NEW QUESTION 143
A project using the agile/adaptive approach has reached the Project Integration Management phase. What is the project manager's key responsibility during this phase?
- A. Defining the scope of the project
- B. Building a collaborative environment
- C. Creating a detailed project management plan
- D. Directing the delivery of the project
Answer: B
Explanation:
Section: Volume E
Explanation
Explanation/Reference: https://www.project-management-prepcast.com/project-integration-management-overview-part-2
NEW QUESTION 144
Typical outcomes of a project include:
- A. Products, programs, and services.
- B. Improvements, processes, and products.
- C. Products, services, and improvements.
- D. Improvements, portfolios, and services.
Answer: C
NEW QUESTION 145
Requirements documentation will typically contain at least:
- A. Stakeholder impact, budget requirements, and communications requirements.
- B. Business objectives, stakeholder impact, and functional requirements.
- C. Stakeholder requirements, staffing requirements, and transition requirements.
- D. Business requirements, the stakeholder register, and functional requirements.
Answer: B
NEW QUESTION 146
If the most likely duration of an activity is five weeks, the best-case duration is two weeks, and the worst- case duration is 14 weeks, how many weeks is the expected duration of the activity?
- A. Seven
- B. Five
- C. Six
- D. One
Answer: C
Explanation:
Explanation/Reference:
Explanation:
E = (a + 4m + b) / 6
(2+ (4*5) +14)=36 /6 =6
NEW QUESTION 147
A project team member agrees to change a project deliverable after a conversation with an external stakeholder. It is later discovered that the change has had an adverse effect on another deliverable. This could have been avoided if the project team had implemented:
- A. Project team building.
- B. A stakeholder management plan.
- C. Integrated change control.
- D. Quality assurance.
Answer: C
Explanation:
Section: Volume B
Explanation:
Process: 4.5 Perform Integrated Change Control
Perform Integrated Change Control is the process of reviewing all change requests; approving changes and managing changes to deliverables, organizational process assets, project documents, and the project management plan; and communicating their disposition. It reviews all requests for changes or modifications to project documents, deliverables, baselines, or the project management plan and approves or rejects the changes.
Key Benefit: The key benefit of this process is that it allows for documented changes within the project to be considered in an integrated fashion while reducing project risk, which often arises from changes made without consideration to the overall project objectives or plans.
Inputs
1. Project management plan
2. Work performance reports
3. Change requests
4. Enterprise environmental factors
5. Organizational process assets
Tools & Techniques
1. Expert judgment
2. Meetings
3. Change control tools
Outputs
1. Approved change requests
2. Change log
3. Project management plan updates
4. Project documents updates
NEW QUESTION 148
Which of the following is an example of contract administration?
- A. Developing the statement of work
- B. Establishing evaluation criteria
- C. Negotiating the contract
- D. Authorizing contractor work
Answer: D
Explanation:
Section: Volume E
NEW QUESTION 149
For a stakeholder with low interest and high power, the project manager should:
- A. Keep the stakeholder informed.
- B. Keep the stakeholder satisfied.
- C. Manage the stakeholder closely.
- D. Monitor the stakeholder.
Answer: B
NEW QUESTION 150
Analytical techniques are a tool and technique of which process in Project Procurement Management?
- A. Conduct Procurements
- B. Plan Procurement Management
- C. Close Procurements
- D. Control Procurements
Answer: A
NEW QUESTION 151
Deciding the phases of project life cycle would be considered a part of which of these knowledge areas?
- A. Project Scope Management
- B. Project Integration Management
- C. Project Schedule Management
- D. Project Resource Management
Answer: A
Explanation:
Section: Volume E
NEW QUESTION 152
Which of the following is an example of tacit knowledge?
- A. Risk register
- B. Make-or-buy analysis
- C. Expert judgment
- D. Project requirements
Answer: C
Explanation:
Section: Volume E
Explanation/Reference: https://www.pmi.org/learning/library/uncovering-tacit-knowledge-projects-7378
NEW QUESTION 153
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