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Certified Associate in Project Management (CAPM) Certification Question and Answers

Certified Associate in Project Management (CAPM) Certification

Last Update May 1, 2024
Total Questions : 748

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Questions 1

A series of consecutive points on the same side of the average is called ____________.

Options:

A.  

Run Chart

B.  

Trend Analysis

C.  

Outliers

D.  

Cycle

Discussion 0
Questions 2

Which of the following is not a process of Project Communications Management?

Options:

A.  

Identify stakeholders

B.  

Report Performance

C.  

Distribute Information

D.  

Conflict Management

Discussion 0
Questions 3

Complete final contract performance reporting and verify product is done in _______.

Options:

A.  

Plan Procurements

B.  

Conduct Procurements

C.  

Administer Procurements

D.  

Close Procurements

Discussion 0
Questions 4

If a project has an 80% chance of activity will take 2 weeks or less. what is the probability of the event?

Options:

A.  

75%

B.  

65%

C.  

50%

D.  

20%

Discussion 0
Questions 5

The most effective method in developing a project team within a matrix organization is to follow the ________.

Options:

A.  

Communications plan

B.  

Control Scope plan

C.  

Staffing management plan

D.  

Training development plan

Discussion 0
Questions 6

The ability of a product to be used for different purposes at different capacities and under different conditions determines its __________.

Options:

A.  

Usability

B.  

Flexibility

C.  

Operability

D.  

Availability

Discussion 0
Questions 7

Estimate Costs_____________.

Options:

A.  

Involves developing an estimate of the costs of the resources needed to complete project activities

B.  

Cost estimates are generally expresses in unit of some currency.

C.  

Involves allocating the overall estimates to individual work items

D.  

All of the above

Discussion 0
Questions 8

What is CI?

Options:

A.  

Continuous improvement

B.  

A sustained, gradual change

C.  

Constancy of purpose and commitment to quality as part of its focus

D.  

All of the above

Discussion 0
Questions 9

The sender is responsible for __________.

Options:

A.  

Confirming that the message is understood

B.  

Ensuring that the receiver agrees with the message

C.  

Scheduling communication exchange

D.  

Presenting the message in the most agreeable manner

Discussion 0
Questions 10

Which of the following is considered during the Plan Procurement Process?

Options:

A.  

Whether to procure

B.  

How to procure and how much to procure

C.  

What and when to procure

D.  

All of the above

Discussion 0
Questions 11

___________ is a groups of processes required to purchase or acquire the products, services, or results needed from outside the project team to perform the work.

Options:

A.  

Procurement Management

B.  

Planning Management

C.  

Scope Management

D.  

Control Management

Discussion 0
Questions 12

The communications management plan is primarily dependent on the ____________.

Options:

A.  

Length of the project

B.  

Physical location of team members

C.  

Specific needs of the project

D.  

Project deliverables

Discussion 0
Questions 13

The Staffing Management Plan ___________, will be formal or informal.

Options:

A.  

Depending on the size and complexity of the project

B.  

Depending on the management

C.  

Depending on the project manager

D.  

Depending on the size only

Discussion 0
Questions 14

Analogous Estimate Costs is _________.

Options:

A.  

Generally Accurate

B.  

Generally less accurate

C.  

Bottom-up estimating

D.  

None

Discussion 0
Questions 15

Which of the following is an output of the Define Scope process?

Options:

A.  

Accepted deliverables

B.  

Change Requests

C.  

Project document updates.

D.  

Project scope statement

Discussion 0
Questions 16

An activity that consumes no time or resource and shows only that a dependency exists between two activities is called:

Options:

A.  

A milestone

B.  

A hammock

C.  

A dummy activity

D.  

a and c

Discussion 0
Questions 17

A Resource Leveling is a technique for:

Options:

A.  

Develop Schedule

B.  

Estimate Activity Durations

C.  

Estimate Activity Resources

D.  

Sequence Activities

Discussion 0
Questions 18

The team members report to two bosses: the project manager and the functional manager. Which type of organization this is ?

Options:

A.  

Matrix organization

B.  

Projectized organization

C.  

Functional organization

D.  

None

Discussion 0
Questions 19

Activity Resource Requirements is an input to ____________ :

Options:

A.  

Estimate Activity Durations

B.  

Control Schedule

C.  

Sequence Activities

D.  

Estimate Activity Resources

Discussion 0
Questions 20

Which of the following is an output of a Verify Scope process?

Options:

A.  

Accepted deliverables

B.  

Change Requests

C.  

Project document updates.

D.  

All of the above

Discussion 0
Questions 21

Risk event is the description of what may happen to the _____ of the project.

Options:

A.  

Manager

B.  

harm

C.  

Schedul

D.  

Budget

Discussion 0
Questions 22

In which type of organization, a project manager is in complete control of the project?

Options:

A.  

Projectized organization

B.  

Balanced Matrix organization

C.  

Strong Matrix

D.  

Weak Matrix organization

Discussion 0
Questions 23

Adjusting Leads and Lags is a technique for:

Options:

A.  

Develop Schedule

B.  

Estimate Activity Durations

C.  

Estimate Activity Resources

D.  

Sequence Activities

Discussion 0
Questions 24

A Precedence Diagramming Method (PDM) uses which of the following dependencies

Options:

A.  

Finish-to-start

B.  

Start-to-start

C.  

Finish-to-finish

D.  

Start-to-finish

Discussion 0
Questions 25

Which is the most risky phase of a project?

Options:

A.  

Planning

B.  

Closing

C.  

Execution

D.  

Control

Discussion 0
Questions 26

At what point in a project do you have the highest probability that it will fail?

Options:

A.  

The beginning of the project

B.  

^ust before the end of the project

C.  

QA Phase

D.  

Execution phase

Discussion 0
Questions 27

You are managing a project that will implement a new Insurance software package. Two project team members have difficulty working together. They come to you, for help resolving the issues. You immediately set up a meeting that includes the functional manager. After the meeting you and the functional manager discuss the issues and agree on a solution. What type of organizational structure you are working in?

Options:

A.  

Functional

B.  

Balanced matrix

C.  

Piojectized

D.  

Strong Matrix

Discussion 0
Questions 28

Which document formally authorizes a project?

Options:

A.  

The project charter

B.  

Project scope statement

C.  

The P'oject contract

D.  

Project closing document

Discussion 0
Questions 29

You are the project manager of a project .You have just completed the Collect Requirements and Define Scope. What should you do next?

Options:

A.  

Create WBS

B.  

Vei*

C.  

Value analysis

D.  

Control Scope

Discussion 0
Questions 30

Project Quality Management includes:

Options:

A.  

Customer satisfaction

B.  

Prevention over inspection

C.  

Continuous improvement

D.  

Al1 of the above

Discussion 0
Questions 31

A requirement document is an input of __________ process?

Options:

A.  

Collect Requirements

B.  

Define Scope

C.  

Integrated Change Control

D.  

Monitor and Control Project Work

Discussion 0
Questions 32

A contract cannot contain _____________.

Options:

A.  

Illegal activities

B.  

deadline for the completion of the work

C.  

Penalties and fines for disclosure of intellectual rights

D.  

Al1 of the above

Discussion 0
Questions 33

Which of the following are the inputs of Define Scope?

Options:

A.  

Requirements document created in collect requirements process

B.  

Project files from previous projects

C.  

Project Charter

D.  

Al1 of the above

Discussion 0
Questions 34

Which risk response is most likely to involve contingency reserves?

Options:

A.  

Acceptance

B.  

shaie

C.  

Mitigate

D.  

Transfer

Discussion 0
Questions 35

Who is the person responsible for obtaining funding for a new project's conceptual study?

Options:

A.  

Project manager

B.  

President

C.  

Chief financial officer

D.  

Project sponsor

Discussion 0
Questions 36

________ must be measured regularly to identify variance from the plan.

Options:

A.  

Project performance

B.  

Stakeholder requirements

C.  

Schedule progress

D.  

Cost and schedule

Discussion 0
Questions 37

Communication is the PRIME responsibility of a Project ___________.

Options:

A.  

Manager in a weak matrix

B.  

Manager in a projectized environment

C.  

Coordinator

D.  

Expeditor

Discussion 0
Questions 38

A schedule activity may start 5 days before the predecessor activity finishes. This is an example of ______________.

Options:

A.  

Finish-to-Start

B.  

Finish-to-Finish

C.  

Start-to-Start

D.  

Start-to-Finish

Discussion 0
Questions 39

The project manager's leadership style should be matched to the corresponding developmental level of the project team and should move through successive steps in the following order: _____________.

Options:

A.  

Disciplinary, autocratic, and participative

B.  

Staff planning, team training, and performance monitoring

C.  

Team building, team development, and responsibility assignment

D.  

Directing, coaching, supporting, and delegating

Discussion 0
Questions 40

The belief that management's high levels of trust, confidence and commitment to workers leads to high levels of motivation and productivity on the part of workers is a part of which motivation theory?

Options:

A.  

Theory Y

B.  

Theory Z

C.  

Theory X

D.  

Contingency Theory

Discussion 0
Questions 41

Which of the following techniques is used to control the project schedule?

Options:

A.  

Pareto diagram

B.  

Performance measurement

C.  

Parametric modelling

D.  

Statistical sampling

Discussion 0
Questions 42

Which of the following are examples of indirect costs?

Options:

A.  

Salaries of corporate executives

B.  

Salaries of full-time project staff

C.  

Overhead costs

D.  

Both a and c

Discussion 0
Questions 43

In which of the following contract types the seller's profit is limited?

Options:

A.  

Cost-plus-percentage-cost contract

B.  

Cost-plus-fixed-fee contract

C.  

Firm Fixed price contract

D.  

Fixed-price-incentive fee contract

Discussion 0
Questions 44

Completion of the _____________ scope is measured against the project management plan.

Options:

A.  

Project

B.  

Technical

C.  

Product

D.  

Baseline

Discussion 0
Questions 45

A project is defined as ________________.

Options:

A.  

A process of considerable scope that implements a plan

B.  

An endeavour, which is planned, executed, and controlled, performed by people and constrained by limited resources

C.  

A temporary endeavour undertaken to create a unique product or service

D.  

An objective based effort of temporary nature

Discussion 0
Questions 46

A risk response which involves eliminating a threat is called

Options:

A.  

Mitigation

B.  

Deflection

C.  

Avoidance

D.  

Transfer

Discussion 0
Questions 47

Which is not the tools and techniques used in Contract Administration:

Contract change control system

Contract negotiation

Payment system

Performance rating

Options:

Discussion 0
Questions 48

The amount of time that an activity can be delayed from its early start without delaying the project end date is called:

Options:

A.  

Negative Float

B.  

Total Float

C.  

Float

D.  

c and b

Discussion 0
Questions 49

Which is not a technique for Sequence Activities ?

Options:

A.  

Rolling Wave Planning

B.  

Mandatory Dependencies

C.  

Arrow Diagramming Method [ADM

D.  

Precedence Diagramming Method [PDM]

Discussion 0
Questions 50

During the Develop Schedule process, a Project Manager may have to go through several iterations of the schedule before establishing the schedule baseline. All of the following are tools and techniques that may be used during this process:

Options:

A.  

Critical Path Method, GERT, Resource Requirements

B.  

Resource Levelling Heuristics, Mathematical Analysis, Calendar!

C.  

Duration compression, Resource Leveling Heuristics, PERT

D.  

GERT, PERT, Leads and Lags

Discussion 0
Questions 51

What is the purpose of the WBS?

Options:

A.  

To show which work elements have been assigned to organizational units.

B.  

To ensure that all work within a project is identified and defined within a common framework.

C.  

To show the organizational structure of a program.

D.  

all of the above

Discussion 0
Questions 52

A major assumption of all network scheduling methods is that the activity duration must be _____.

Options:

A.  

Statistically dependent

B.  

Variance distributed

C.  

Statistically independent

D.  

Deterministic

Discussion 0
Questions 53

Which of the following is not a part of the Earned Value calculations?

Options:

A.  

Unknown Unknowns

B.  

Project Budget

C.  

Known Unknowns

D.  

Amount of work completed

Discussion 0
Questions 54

Which of the following Project Scope Management processes involves subdividing the major project deliverables into smaller, more manageable components?

Options:

A.  

Collect Requirements

B.  

Initiation

C.  

Control Scope

D.  

Define Scope

Discussion 0
Questions 55

Which of the following is not a tool or technique for a Source Selection?

Options:

A.  

Contract negotiation

B.  

Weighting system

C.  

Payment system

D.  

Screening system

Discussion 0
Questions 56

A Project Scope Management includes :

Options:

A.  

Initiation

B.  

Project Plan Execution

C.  

Overall Change Control

D.  

Report Performance

Discussion 0
Questions 57

A document which describes how project scope will be managed and how scope changes will be integrated into the project is: (choose the best answer)

Options:

A.  

A project plan

B.  

A risk analysis

C.  

A scope management plan

D.  

A scope statement

Discussion 0
Questions 58

Forcing as a means to manage conflict ______________.

Options:

A.  

Exerts one's view at the potential expense of another party

B.  

Emphasizes areas of agreement while avoiding points of disagreement

C.  

Establishes a lose-lose situation

D.  

Both A and c

Discussion 0
Questions 59

On any project, who creates the Lessons Learned document?

Options:

A.  

Customers

B.  

Project team

C.  

Project sponsor

D.  

Stakeholders

Discussion 0
Questions 60

A project is considered successful when _______________.

Options:

A.  

The project meets or exceeds the expectations of the stakeholders

B.  

The product of the project has been manufactured

C.  

The project sponsor announces the completion of the project

D.  

None of the above

Discussion 0
Questions 61

Life cycle costing __________________.

Options:

A.  

Includes acquisition, operating, and disposal costs when evaluating various alternatives

B.  

Includes only the cost of the development or acquisition of a product or service

C.  

Does not take into consideration the effect of project decisions on the cost of using the resulting product

D.  

Botn B and c are correct

Discussion 0
Questions 62

Group brainstorming encourages all of the following except _________.

Options:

A.  

Team building

B.  

Analysis of alternatives

C.  

Convergent thinking

D) Q Uninhibited verbalization

Discussion 0
Questions 63

Cost of quality includes ___________.

Options:

A.  

Cost of all work to build a product or service that conforms to the requirements

B.  

Training programs

C.  

Cost of all work resulting from non-conformance to the requirements

D.  

Al1 of the above

Discussion 0
Questions 64

Formal acceptance by the client or sponsor of the project should be prepared and distributed during which process?

Options:

A.  

Distribute Information

B.  

Administrative Closeout

C.  

Organizational Planning

D.  

Report Performance

Discussion 0
Questions 65

A mandatory prerequisite for team building is ___________.

Options:

A.  

Funding for staff development activities

B.  

Shared work ethics among team members

C.  

Commitment from top level management

D.  

Removal of troublesome individuals

Discussion 0
Questions 66

The receiver filters messages based on all but the following:

Options:

A.  

Culture

B.  

Semantics

C.  

Language

D.  

Distance

Discussion 0
Questions 67

According to the PMBOK Guide, the project statement of work (SOW) should contain or reference all the following elements except?

Options:

A.  

Business need, strategic plan, and product scope description

B.  

Requirements, business need, and stakeholder expectations

C.  

Strategic plan, product scope description, stakeholder influences, and business need

D.  

Project purpose, business case, stakeholder influences, and product scope description

Discussion 0
Questions 68

Which of the following is an example of indirect costs?

Options:

A.  

Salaries of corporate executives

B.  

Salaries of full-time project staff

C.  

Overhead costs

D.  

Both A and C

Discussion 0
Questions 69

Which of the following is best for handling cross-functional project needs for a large, complex project?

Options:

A.  

A strong matrix organization

B.  

A project coordinator

C.  

A project expediter

D.  

Direct executive involvement

Discussion 0
Questions 70

Administrative Closure should occur ___________.

Options:

A.  

At the end of each phase of the project

B.  

At the end of the whole project

C.  

At the end of 50% of the project

D.  

At the end of 100% of the project

Discussion 0
Questions 71

What are common types of cost-reimbursable contracts?

Options:

A.  

CPF

B.  

CPFF

C.  

CPIF

D.  

Al1 of the above

Discussion 0
Questions 72

A Risk Register is a part of the ________.

Options:

A.  

Project Scope Statement

B.  

Project Management plan

C.  

Project Scheduling plan

D.  

Project Charter

Discussion 0
Questions 73

______________ provides details about how the project scope may be changed.

Options:

A.  

Control Scope system

B.  

VeiirV Scope

C.  

Scope Charter

D.  

Scope Management plan

Discussion 0
Questions 74

Information should be communicated to __________.

Options:

A.  

Everyone in the communication plan

B.  

Everyone on the team

C.  

Sponsor

D.  

Team 'eacl

Discussion 0
Questions 75

What is the lowest level in a work breakdown structure?

Options:

A.  

Project task

B.  

w°rl< package

C.  

sow

D.  

None

Discussion 0
Questions 76

The product description of a project can help to create procurement details. Which one of the following best describes product description?

Options:

A.  

The product description defines the contracted work, based on the requirements of the project customer

B.  

The product description defines the contracted work

C.  

The product description defines the requirements for the contract work

D.  

Al1 of the above

Discussion 0
Questions 77

Which of the following does not provided by scope statement?

Options:

A.  

Project justification

B.  

Project product

C.  

Project manager authority

D.  

Project objective

Discussion 0
Questions 78

You are project manager and now in middle of creating RFP (Request for proposal). RFP (Request for proposal) is done in _______.

Options:

A.  

Plan Procurements

B.  

Conduct Procurements

C.  

Administer Procurements

D.  

Close Procurements

Discussion 0
Questions 79

When the version control numbers should change?

Options:

A.  

Any change occurs

B.  

Major changes are made

C.  

Any change related to scope only

D.  

Only if minor changes are made

Discussion 0
Questions 80

Which type of network diagram is also referred to Activity-on-Node (AON) diagrams?

Options:

A.  

Precedence Diagramming Method (PDM)

B.  

Gantt Cnart Diagram (GCD)

C.  

Dependency Diagramming Method (DDM)

D.  

Arrow Diagramming Method (ADM)

Discussion 0
Questions 81

How many communication channels will be required in a project in which 10 individual are participating?

Options:

A.  

45

B.  

12

C.  

10

D.  

5

Discussion 0
Questions 82

Who is responsibility for making sure that a message in the project team is understood

Options:

A.  

Project Manager

B.  

Sender

C.  

Project coordinator

D.  

Sponsor

Discussion 0
Questions 83

Which of the following are inputs of Develop Project Charter process?

Options:

A.  

Project statement of work, Contract, Business case and organizational process assets

B.  

Project SOW, project selection methods, and enterprise environmental factors

C.  

Contract, project selection methods, enterprise environmental factors, and organizational process assets

D.  

Contract, project SOW, enterprise environmental factors, and organizational process assets

Discussion 0
Questions 84

Estimate Costs ______________.

Options:

A.  

Involves developing an estimate of the costs of the resources needed to complete project activities

B.  

Includes identifying and considering various costing alternatives

C.  

Involves allocating the overall estimates to individual work items

D.  

Both A and c

Discussion 0
Questions 85

Which of the following is true about the project charter?

Options:

A.  

The project charter should be published under the name of a manager external to the project.

B.  

The project charter should be published under the project sponsor's name.

C.  

The project charter should be published under the name of the project manager.

D.  

The project charter should be published under the name of the project champion.

Discussion 0
Questions 86

A risk response which involves eliminating a threat is called ________.

Options:

A.  

Mitigation

B.  

Deflection

C.  

Avoidance

D.  

Transfer

Discussion 0
Questions 87

The independence of two events in which the occurrence of one is not related to the occurrence of the other is called _______.

Options:

A.  

Event phenomenon

B.  

Independent probability

C.  

Statistical independence

D.  

Statistical probability

Discussion 0
Questions 88

___________ must be measured regularly to identify variance from the plan.

Options:

A.  

Stakeholder requirements

B.  

Project performance

C.  

Schedule progress

D.  

Cost and schedule

Discussion 0
Questions 89

Collect Requirements includes alternatives identification, which can be conducted by the common technique of

Options:

A.  

Lateral thinking

B.  

Value engineering

C.  

Cost/benefit analysis

D.  

Constraints analysis

Discussion 0
Questions 90

What is the key difference between a contract close-out and an administrative closure?

Options:

A.  

Contract close-out formalizes project completion.

B.  

Contract close-out includes updating records with final results.

C.  

Administrative closure includes procurement audits.

D.  

Contract close-out includes product verification.

Discussion 0
Questions 91

Mathematical models using linear, dynamic, integer, or algorithm models are considered

Options:

A.  

Project selection methods

B.  

Project selection criteria

C.  

A form of expert judgment

D.  

A form of historical information

Discussion 0
Questions 92

On any project, who creates the Lessons Learned document?

Options:

A.  

Customers

B.  

Project team

C.  

Project Sponsor

D.  

Stakeholders

Discussion 0
Questions 93

Project progress reports are:

Options:

A.  

Used, to predict future status and progress.

B.  

An Important element of communications.

C.  

Needed at least weekly.

D.  

None

Discussion 0
Questions 94

The quality management plan includes all of the following EXCEPT quality:

Options:

A.  

Planning

B.  

Definitions

C.  

Assurance

D.  

Control

Discussion 0
Questions 95

As a project manager, you know that the most important activity to ensure customer and stakeholder satisfaction is which of the following?

Options:

A.  

Documenting and meeting the requirements

B.  

Reporting project status regularly and in a timely manner

C.  

Documenting and meeting the performance measurements

D.  

Reporting changes and updating the project plan and other project documents where appropriate

Discussion 0
Questions 96

When a project is being performed under contract, who provides SOW ?

Options:

A.  

The buyer

B.  

The contractor

C.  

The Project sponsor

D.  

The Project manager

Discussion 0
Questions 97

You have been assigned to take over a project that is 60 percent complete according to the schedule. After evaluation, you find that the project is running far behind schedule, and that the project will probably take double the time originally estimated by the previous project manager. However, the sponsor has been told that the project is on schedule. What is the BEST course of action you will take?

Options:

A.  

Add new resource to the project and complete the project on schedule.

B.  

Show your evaluation to sponsor.

C.  

Ask your senior manager to deal with this.

D.  

Turn the project back to the previous project manager.

Discussion 0
Questions 98

You are in process of developing an approximation of the costs of resources needed to complete each schedule activity. Which of the following is the least helpful input?

Options:

A.  

WBS, WS dictionary

B.  

Market place conditions, commercial databases

C.  

Estimate Costs policies/ templates, historical information, project team knowledge

D.  

Activity cost estimates, activity cost estimate supporting detail

Discussion 0
Questions 99

You are project manager and the monthly report to the client showed zero schedule variance. However, member of the team know that a milestone has been missed which will cause an overall delay to the project. Which one of the following is being inadequately reported?

Options:

A.  

Communication plan variance

B.  

Resource management plan

C.  

Critical path status

D.  

Risk analysis

Discussion 0
Questions 100

Control Costs includes all of the following EXCEPT:

Options:

A.  

Informing stakeholders of changes.

B.  

Recording appropriate changes to the cost baseline.

C.  

Monitoring cost performance.

D.  

Preparing cost estimates.

Discussion 0
Questions 101

Which process involves formal product acceptance and end of a project?

Options:

A.  

Executing processes

B.  

Planning processes

C.  

Controlling Processes

D.  

Closing processes

Discussion 0
Questions 102

You are in the process of numerically analyzing the effects of identified risks. Which of the following are NOT tools or techniques you can use in the process?

Options:

A.  

Sensitivity analysis

B.  

Reserve analysis

C.  

Expected monetary value analysis

D.  

Modeling and simulation

Discussion 0
Questions 103

The project baseline is:

Options:

A.  

original plans plus the approved changes

B.  

important in the project initiation phase

C.  

initial estimates for tasks and resource utilization

D.  

None

Discussion 0
Questions 104

What is the BEST way to accomplish resource planning?

Options:

A.  

Identify required resources and allocate them to all project activities.

B.  

Identify required resources in the project charter.

C.  

Identify available resources and allocate them to all activities in the current phase of the project.

D.  

Identify the resources that performed past similar projects, and allocate them to all project activities.

Discussion 0
Questions 105

How many communication channels will be required in a project having five individual participants?

Options:

A.  

10

B.  

12

C.  

4

D.  

5

Discussion 0
Questions 106

You are a project manager for your organization. Management has asked you to help them determine which projects should be selected for implementation. In a project selection model, which one of the following is the most important factor?

Options:

A.  

Business needs

B.  

Type of constraints

C.  

Budget

D.  

Schedule

Discussion 0
Questions 107

As a project manager, you know that the most important activity to ensure customer and stakeholder satisfaction is which of the following?

Options:

A.  

Documenting and meeting the requirements

B.  

Reporting project status regularly and in a timely manner

C.  

Documenting and meeting the performance measurements

D.  

Reporting changes and updating the project plan and other project documents where appropriate

Discussion 0
Questions 108

According to the PMBOK guide, the project statement of work(SOW) should contain or reference to all the following elements except ?

Options:

A.  

Business need, strategic plan, product scope description

B.  

Requirements, business need, stakeholder expectations

C.  

Strategic plan, product scope description, stakeholder influences, and business need

D.  

Project purpose, business case, stakeholder influences, product scope description

Discussion 0
Questions 109

_______________ must be measured regularly to identify variance from the plan.

Options:

A.  

Project performance

B.  

Stakeholder requirements

C.  

Schedule progress

D.  

Cost and schedule

Discussion 0
Questions 110

Which of the following scheduling techniques incorporates a form of risk assessment?

Options:

A.  

Arrow Diagramming Method (ADM)

B.  

Program evaluation and Review Technique (PERT)

C.  

Precedence Diagramming Method (PDM)

D.  

Critical Path Method (CPM)

Discussion 0
Questions 111

You are the project manager and are considering recommending a project that costs $280,000; expected inflows are $10,000 per quarter for the first two years and then $25,000 per quarter thereafter. What is the payback period?

Options:

A.  

48 months

B.  

40 months

C.  

36 months

D.  

50 months

Discussion 0
Questions 112

You are project manager of a project and the funding for your project has been reduced. What is the BEST action to take in response to this?

Options:

A.  

Perform detailed financial analysis and renegotiate for adequate funding.

B.  

Inform in customer that the project will be delayed an adjust resources accordingly.

C.  

Only do as much work as the new budget permits and document actions taken.

D.  

Inform the customer of impacts and negotiate a change in scope.

Discussion 0