Pass the PMI CAPM CAPM Questions and answers with CertsForce

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Viewing questions 51-100 out of questions
Questions # 51:

Prioritizing risks for further analysis or action by assessing and combining their probability of occurrence and impact takes place in which process?

Options:

A.

Monitor and Control Risks


B.

Plan Risk Management


C.

Perform Qualitative Risk Analysis


D.

Perform Quantitative Risk Analysis


Expert Solution
Questions # 52:

Control charts, flowcharting, histograms, Pareto charts, and scatter diagrams are tools and techniques of which process?

Options:

A.

Perform Quality Control


B.

Perform Quality Assurance


C.

Plan Quality


D.

Report Performance


Expert Solution
Questions # 53:

Which is an input to the Verify Scope process?

Options:

A.

Performance report


B.

Work breakdown structure (WBS)


C.

Requested changes


D.

Project management plan


Expert Solution
Questions # 54:

Managing procurement relationships and monitoring contract performance are part of which process?

Options:

A.

Conduct Procurements


B.

Plan Procurements


C.

Administer Procurements


D.

Close Procurements


Expert Solution
Questions # 55:

The process of identifying the stakeholders' information needs is completed during:

Options:

A.

Plan Communications.


B.

Manage Stakeholder Expectations.


C.

Stakeholder Analysis.


D.

Identify Stakeholders.


Expert Solution
Questions # 56:

The process of monitoring the status of the project to update project progress and manage changes to the schedule baseline is:

Options:

A.

Control Schedule.


B.

Quality Control.


C.

Perform Integrated Change Control.


D.

Develop Schedule.


Expert Solution
Questions # 57:

Which process should be conducted from the project inception through completion?

Options:

A.

Monitor and Control Project Work


B.

Perform Quality Control


C.

Perform Integrated Change Control


D.

Monitor and Control Risks


Expert Solution
Questions # 58:

Recently, the government published a new tax law giving companies one year to implement the changes. A project was initiated to change the accounting system. Which delivery approach is most suitable in this context?

Options:

A.

Predictive, because of the high risk that the company can be fined.


B.

Predictive, because the requirements are clearly defined up-front.


C.

Adaptive, because the government will provide constant feedback.


D.

Adaptive, because the changes have never been implemented before.


Expert Solution
Questions # 59:

A project is at risk of delivering the solution late because of poor quality that prevents the user acceptance testing (UAT) from being finalized. The product owner does not want to sign off until all the Severity 1 (S1) defects are fixed. What should the project manager do to manage this risk?

Options:

A.

Create a risk in the risk register for each S1 defect and assign actions.


B.

Consult the risk register and implement the risk response actions.


C.

Ask the developers to work longer hours and resolve the defects.


D.

Review the organizational chart to find out who else can sign off UAT.


Expert Solution
Questions # 60:

Which organizational process asset can make an impact on the outcome of a project?

Options:

A.

Political climate


B.

Leadership style


C.

Financial data repository


D.

Organizational structure types


Expert Solution
Questions # 61:

What benefit does the Manage Stakeholder Engagement process offer?

Options:

A.

Allows the project manager to increase support and minimize resistance from stakeholders


B.

Maintains or increases the efficiency and effectiveness of stakeholder engagement activities as the project evolves and its environment changes


C.

Provides an actionable plan to interact effectively with stakeholders


D.

Enables the project team to identify the appropriate focus for engagement of each stakeholder or group of stakeholders


Expert Solution
Questions # 62:

What can the project manager find among the factors that could lead a project to be tailored

Options:

A.

Company Culture


B.

Return on investment


C.

Earned Value


D.

Schedule Performance Index


Expert Solution
Questions # 63:

A project manager is managing a small project that has a time constraint. What should the project manager do to ensure the delivery is on time?

Options:

A.

Schedule the tasks in sequence.


B.

Increase quality review cycles.


C.

Expand the scope of the project.


D.

Schedule the tasks in parallel.


Expert Solution
Questions # 64:

How can emotional intelligence (EI) be effective in project management?

Options:

A.

By preparing a project plan and managing the team members


B.

By planning for user acceptance testing


C.

By establishing project resource allocation


D.

By reducing tension and increasing cooperation among team members


Expert Solution
Questions # 65:

A new business analyst has joined the team in the middle of a project and the requirements traceability matrix has been updated. What should the business analyst do next?

Options:

A.

Review the project management plan.


B.

Share the requirements traceability matrix the same way it was shared previously.


C.

Consult the business analysis communications management plan.


D.

Ask the project manager to share the updated requirements traceability matrix at the next meeting.


Expert Solution
Questions # 66:

In a preliminary meeting for a project, team members decide to execute the project with methodology A finance team member wants to know how project cost will be determined at this early stage. How will the project team determine project cost?

Options:

A.

Use a lightweight cost estimation due to the nature of angile projects.


B.

Use a detailed cost estimation for agile projects.


C.

Retrieve a dudget from a previous project and create a baseline of this project based on it.


D.

Use a detailed work breakdown structure (WBS) to get cost estimation.


Expert Solution
Questions # 67:

In the project charter process, which three of the following are discussed during meetings held with stakeholders? (Choose three) D Cost

Options:

A.

High-level deliverables


B.

Success criteria


C.

Project objectives


D.

Phase transitions


Expert Solution
Questions # 68:

After winning a large government contract, a company needs to hire a portfolio manager What vital qualification should candidates possess?

Options:

A.

Ability to manage strategic goals across multiple projects


B.

Skills to manage a large project


C.

Competency to manage multiple projects that align departments


D.

Capability of managing project schedules


Expert Solution
Questions # 69:

Select three elements that apply to agile/ adaptive environments

Options:

A.

Frequent team checkpoints


B.

Colocation


C.

Access to information


D.

Virtual team members


E.

Geographically dispersed team


Expert Solution
Questions # 70:

Which subsidiary management plan.... during the project ilfe cycle?

Which Subsidiary management plan would a project manager create to manage Information dissemination during the project life cycle?

Options:

A.

Stakeholder Engagement Plan


B.

Quality Management Plan


C.

Communications Management Plan


D.

Scope Management Plan


Expert Solution
Questions # 71:

A project manager is responsible for delivering new software for their company. Based on previous experiences, the project manager decides to use the dynamic systems development method (DSDM). The project manager will use this method to prioritize the scope to meet project constraints. Which elements are included in the DSDM framework?

Options:

A.

Cost, requirements, schedule, and outputs


B.

Time, integration, cost, and deliverables


C.

Schedule, risk, integration, and features


D.

Cost, time, quality, and functionality


Expert Solution
Questions # 72:

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


Expert Solution
Questions # 73:

A business manager wants to start a project to launch a new product and submits a business case to the Portfolio Steering Committee for review. The committee asks the manager for details about the expected business value of the project.

How can the manager document the business value for the Portfolio Steering Committee?

Options:

A.

Conduct a feasibility study to determine the business impact of the new product.


B.

Execute a market study for similar products and demonstrate a market need.


C.

Create a presentation outlining the business benefits of the new product.


D.

Prepare a benefits management plan to capture target benefits and strategic alignment.


Expert Solution
Questions # 74:

In the last two iterations, a project team failed to deliver all of the stories on time. What should the project manager do first in order to prevent this from recurring?

Options:

A.

Extend the delivery time for the product since the management reserve allows it.


B.

Temporarily use another team for the next iteration and evaluate their performance.


C.

Observe the project team's performance for the next two iterations before taking any action.


D.

Identify possible reasons for the delay and consult the risk register for corrective actions.


Expert Solution
Questions # 75:

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


Expert Solution
Questions # 76:

What is the goal of the control quality process in project management?

Options:

A.

To monitor the activities of the project and ensure Iho work is being executed as it was planned


B.

To obtain a quality cerlific ation for the product of the project service or result


C.

To assess performance and ensure the project product, service, or result meets the customer's expectations


D.

To test the product service, or result to determine if the errors observed are within the defined quality margins


Expert Solution
Questions # 77:

What process group establishes project scope: refines objectives, and defines the actions necessary to attain project objectives'?

Options:

A.

Executing


B.

Planning


C.

Initiating


D.

Monitoring and Controlling


Expert Solution
Questions # 78:

What tool or technique is used in the Collect Requirements process?

Options:

A.

Inspection


B.

Decomposition


C.

Product analysis


D.

Prototypes


Expert Solution
Questions # 79:

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-benefit analysis


B.

Benchmarking


C.

Cost of quality (COQ)


D.

Lessons learned


Expert Solution
Questions # 80:

Which of the following lists of tools and techniques is used when conducting procurements?

Options:

A.

Expert judgement, procurement negotiations, bidder conferences, proposal evaluation advertising and independent estimates


B.

Budgeting procurement negotiations, bidder conferences, proposal evaluation and advertising, and seller's proposal C. Expert judgement, procurement negotiations bidder conferences, proposal evaluation and advertising, and make-or-buy decisions


C.

Agreements procurement negotiations, bidder conferences, proposal evaluation and advertising selected seller


Expert Solution
Questions # 81:

A production support system is being managed by a team. The team members cannot plan their work in advance, even for a week, because they do not know when new support issues will be submitted. The team cannot start working on new issues until they finish existing issues, no matter how long it takes to finish the existing issues.

Which method should be used in this situation?

Options:

A.

SAFe®, as it does not allow for scaling work across different teams in the organization.


B.

Extreme Programming (XP), as it does not allow for moving on to new items until the existing items are finished.


C.

Kanban, because the team does not start new work until the existing work is finished.


D.

Scrum, as it allows for completing the whole architecture up front without leaving any technical debt for the future.


Expert Solution
Questions # 82:

A subject matter expert (SME) was recently assigned to a project to manage the new compliance requirement. The SME claimed that the activity's prioritization needed to change and the schedule could be cut to mitigate the effect of this new compliance need.

How should the project manager proceed?

Options:

A.

Perform Integrated Change Control.


B.

Conduct a risk assessment with the team.


C.

Update the schedule to include compliance.


D.

Manage Stakeholder Engagement.


Expert Solution
Questions # 83:

What does the creation of a project management plan accomplish?

Options:

A.

Defines the basis of all project work and how it will be performed


B.

Acknowledges the existence of a project and defines its high-level information


C.

Authorizes the project manager to apply organizational resources to project activities


D.

Provides the project manager with organizational standards, policies, processes, and procedures


Expert Solution
Questions # 84:

A project manager needs to request outside support......manager need to create

A project manager needs to request outside support for a statement ot work (SOW) that is not precise. Which kind of contract does the project manager need to create?

Options:

A.

Time and material (T&M)


B.

Cost plus fixed fee (CPFF)


C.

Fixed price


D.

Cost plus award fee (CPAF)


Expert Solution
Questions # 85:

Which of the following is part of the project sponsor's responsibility?

Options:

A.

Tracking the business value


B.

Auditing the business value


C.

Advocating the business value


D.

Monitoring the business value


Expert Solution
Questions # 86:

What estimating technique is used when there is limited information?

Options:

A.

Analogous estimating


B.

Parametric estimating


C.

Bottom-up estimating


D.

Three-point estimating


Expert Solution
Questions # 87:

A recently hired project manager is looking for templates to use for projects on which they will work. To what category of enterprise environmental factors should the project manager refer?

Options:

A.

Resource availability


B.

Infrastructure


C.

Academic research


D.

Corporate knowledge base


Expert Solution
Questions # 88:

A project manager is seeking assistance from the business analyst for an IT project. What assistance can the business analyst provide?

Options:

A.

Elicit product requirements.


B.

Verify product functionality.


C.

Allocate project resources.


D.

Manage the project schedule.


Expert Solution
Questions # 89:

A project manager needs to determine the schedule variance (SV). The project manager's latest schedule indicates 14 units of work completed against a plan of 23 units.

What is the SV?

Options:

A.

-9


B.

37


C.

9


D.

322


Expert Solution
Questions # 90:

What is the equation to calculate cost variance (CV)?

Options:

A.

CV = EV / BAC


B.

CV = EV - AC


C.

CV = EV - BAC


D.

CV = EV / AC


Expert Solution
Questions # 91:

Which characteristic defines the Delphi technique of group decision-making?

Options:

A.

The participants must use their expertise to determine the best option.


B.

The decision is based on eliminating the options that are too expensive.


C.

The decision is based on a predefined algorithm and the highest score.


D.

The participants must create a list of options, rank them, and then vote.


Expert Solution
Questions # 92:

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


Expert Solution
Questions # 93:

Which tools and techniques should a project manager use when estimating costs?

Options:

A.

Lessons learned register and cost aggregation


B.

Project schedule and resources requirements


C.

Three-point estimating and risk register


D.

Expert judgempnt and decision making


Expert Solution
Questions # 94:

What is the primary benefit of the Manage Quality process?

Options:

A.

Increases the probability of meeting quality objectives


B.

Enhances the performance of the product berg created


C.

Defines quality roles and responsibilities


D.

Ensures that the project is completed as originally planned


Expert Solution
Questions # 95:

A project team is meeting to seek solutions on a new problem that occurred recently. The meeting is comprised of two parts: the first is a generation of ideas and the second is an analysis.

Which technique is the team using?

Options:

A.

Brainstorming


B.

Interview


C.

Checklists


D.

Focus group


Expert Solution
Questions # 96:

Which three of the following are key traits of a project leader? (Choose three)

Options:

A.

Convey trust and inspire trust in other team members.


B.

Rely on control.


C.

Focus on the horizon.


D.

Challenge the status quo and do things differently.


E.

Focus on near-team goals.


Expert Solution
Questions # 97:

Which can be used to convert a verified deliverable to an accepted deliverable?

Options:

A.

Decomposition


B.

Reporting


C.

Voting


D.

Brainstorming


Expert Solution
Questions # 98:

Match each tool or technique with its corresponding Project Cost Management process.

Question # 98


Expert Solution
Questions # 99:

A business analyst needs to ensure the project team understands the most critical roles and responsibilities within the requirements change process. Which responsibility is the most important?

Options:

A.

Reviewing the change


B.

Discussing the change


C.

Analyzing the change


D.

Approving the change


Expert Solution
Questions # 100:

What characteristic of servant leadership supports resource management in an agile environment?

Options:

A.

Lecturing


B.

Construing


C.

Measuring


D.

Coaching


Expert Solution
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