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Pass the PMI CAPM CAPM Questions and answers with CertsForce

Viewing page 8 out of 8 pages
Viewing questions 351-400 out of questions
Questions # 351:

The cost baseline and project funding requirements are outputs of which process in Project Cost Management?

Options:

A.

Estimate Costs


B.

Control Costs


C.

Plan Cost Management


D.

Determine Budget


Expert Solution
Questions # 352:

In which type of organization does the project manager have the maximum influence

Options:

A.

Centralized


B.

Composite


C.

Simple Organic


D.

Multi-divisional


Expert Solution
Questions # 353:

A team was hired to develop a next generation drone. The team created a prototype and sent it to the customer for testing. The feedback collected was used to refine the requirements. What technique is the team using?

Options:

A.

Early requirements gathering


B.

Feedback analysis


C.

Progressive elaboration


D.

Requirements documentation


Expert Solution
Questions # 354:

Why is tailoring in a project necessary?

Options:

A.

Requirements keep changing.


B.

An artifact must be produced.


C.

A tool or technique is required.


D.

Each project is unique.


Expert Solution
Questions # 355:

Which contract type is least desirable to a vendor?

Options:

A.

Fixed price with economic price adjustment (FPEPA)


B.

Firm fixed price (FFP)


C.

Cost plus fixed fee (CPFF>


D.

Cost plus award fee (CPAF>


Expert Solution
Questions # 356:

A project team is discussing an upcoming planned product launch of a highly visible technologically advanced artificial intelligence tool. The team is debating the aspect of iterative and hybrid approaches. Which aspect of tailoring would this best represent?

Options:

A.

Life cycle approaches


B.

Resource availability


C.

Project dimensions


D.

Technology support


Expert Solution
Questions # 357:

Which of the following is an input to the Develop Project Charter process?

Options:

A.

Work performance information


B.

Project management plan


C.

Business case


D.

Change requests


Expert Solution
Questions # 358:

Inputs to the Plan Risk Management process include the:

Options:

A.

cost management plan.


B.

risk management plan,


C.

activity list,


D.

risk register.


Expert Solution
Questions # 359:

Which of the following are an enterprise environmental factor that can influence the Identify Risks process?

Options:

A.

Work performance reports


B.

Assumptions logs


C.

Network diagrams


D.

Academic studies


Expert Solution
Questions # 360:

The risk shared between the buyer and seller is determined by the:

Options:

A.

assumption log.


B.

quality checklist.


C.

risk register.


D.

contract type.


Expert Solution
Questions # 361:

An input to the Estimate Activity Resources process is:

Options:

A.

Activity resource requirements.


B.

Published estimating data.


C.

Resource calendars.


D.

Resource breakdown structure (RBS).


Expert Solution
Questions # 362:

Which process requires implementation of approved changes?

Options:

A.

Direct and Manage Project Execution


B.

Monitor and Control Project Work


C.

Perform Integrated Change Control


D.

Close Project or Phase


Expert Solution
Questions # 363:

Which statement correctly describes the value of a business case?

Options:

A.

It provides the necessary information to determine if a project is worth the required investment.


B.

It provides for alternative dispute resolution procedures in event of contract default.


C.

It offers one of several alternative scenarios which assist in performing qualitative risk analysis.


D.

It is used to help a project manager understand the scope of commercial advantages.


Expert Solution
Questions # 364:

Fast tracking is a schedule compression technique used to shorten the project schedule without changing project scope. Which of the following can result from fast tracking?

Options:

A.

The risk of achieving the shortened project time is increased.


B.

The critical path will have positive total float.


C.

Contingency reserves are released for redeployment by the project manager.


D.

Duration buffers are added to maintain a focus on planned activity durations.


Expert Solution
Questions # 365:

The item that provides more detailed descriptions of the components in the work breakdown structure (WB5) is called a WBS:

Options:

A.

dictionary.


B.

chart.


C.

report.


D.

register.


Expert Solution
Questions # 366:

The completion of the project scope is measured against the:

Options:

A.

requirements documentation.


B.

project scope statement.


C.

project management plan.


D.

work performance measurements.


Expert Solution
Questions # 367:

A project manager at a publishing company decides to initiate the editing phase of the project as soon as each chapter is written. Which type of Sequence Activities tool and technique is involved, considering that there was a start-to-start relationship with a 15-day delay?

Options:

A.

Slack


B.

Float


C.

Lag


D.

Lead


Expert Solution
Questions # 368:

Requirements documentation, requirements management plan, and requirements traceability matrix are all outputs of which process?

Options:

A.

Control Scope


B.

Collect Requirements


C.

Create WBS


D.

Define Scope


Expert Solution
Questions # 369:

The diagram below is an example of a:

Question # 369

Options:

A.

Risk breakdown structure (RBS).


B.

Project team.


C.

SWOT Analysis.


D.

Work breakdown structure (WBS).


Expert Solution
Questions # 370:

In adaptive projects, who should approve the prioritization of the backlog?

Options:

A.

Project manager


B.

Project sponsor


C.

Business analyst


D.

Product owner


Expert Solution
Questions # 371:

A project team is working on relocating offices to another building and providing new furniture. The new furniture was purchased from an international vendor. The price was negotiated in a foreign currency, and due to changes in the exchange rate, the cost has increased by 10%. There is no contingency in the project budget. What should the project manager do?

Options:

A.

Escalate this issue to the project management office (PMO).


B.

Escalate this issue to the chief financial officer (CFO).


C.

Escalate this issue to the procurement team.


D.

Escalate this issue to the project sponsor.


Expert Solution
Questions # 372:

Which is a method of prototyping that creates a functioning representation of the final finished product to the user?

Options:

A.

Low-fidelity prototyping


B.

High-fidelity prototyping


C.

Data prototyping


D.

Report prototyping


Expert Solution
Questions # 373:

A project's aim, from a business perspective, is moving an organization from one level to another to achieve a specific objective. What is the goal for a project's successful completion?

Options:

A.

Current state


B.

Future state


C.

Budgeted state


D.

Planned state


Expert Solution
Questions # 374:

Based on a previous project that has been completed, a project manager decides the best way to estimate costs is through historical data. What kind of estimating is this?

Options:

A.

Three-point


B.

Bottom-up


C.

Parametric


D.

Analogous


Expert Solution
Questions # 375:

What organizational process asset (OPA) might impact a project's outcome?

Options:

A.

Processes, polices, and procedures


B.

Legal restrictions


C.

Infrastructure, resource availability. and employee capability


D.

Financial considerations


Expert Solution
Questions # 376:

What document gathers all of the lessons learned at the end of a phase or project

Options:

A.

Lessons learned register


B.

Lessons learned list


C.

Lessons learned project asset


D.

Lessons learned repository


Expert Solution
Questions # 377:

A software project has completed the first iteration, and the testing manager noted that some features were not incorporated and would not approve the software. The business unit manager who will use the software is satisfied with the software and wants to start the rollout.

What should the project manager do?

Options:

A.

Escalate the issue to the project management office (PMO).


B.

Organize a meeting between the two managers.


C.

Ask the project team to resolve all of the open issues.


D.

Escalate to the sponsor to decide when to commence the rollout.


Expert Solution
Questions # 378:

The handoff of the first version of a software application to the operational team has taken a month longer than anticipated. How could this extended transition time have been avoided?

Options:

A.

If the operation team members were trained externally


B.

If the transition process was agreed upon during the build


C.

If the end-user documentation was more thorough


D.

If the operations manager was invited to all sprint reviews


Expert Solution
Questions # 379:

At which point of the project is the uncertainty the highest and the risk of failing the greatest?

Options:

A.

Final phase of the project


B.

Start of the project


C.

End of the project


D.

Midpoint of the project


Expert Solution
Questions # 380:

Which Process Group typically consumes the bulk of a project's budget?

Options:

A.

Monitoring and Controlling


B.

Executing


C.

Planning


D.

Initiating


Expert Solution
Questions # 381:

The individual or group that provides resources and support for a project and is accountable for success is the:

Options:

A.

sponsor


B.

customer


C.

business partners


D.

functional managers


Expert Solution
Questions # 382:

Which technique is used in Perform Quantitative Risk Analysis?

Options:

A.

Sensitivity analysis


B.

Probability and impact matrix


C.

Risk data quality assessment


D.

Risk categorization


Expert Solution
Questions # 383:

An output of the Develop Project Team process is:

Options:

A.

change requests


B.

team performance assessments


C.

project staff assignments


D.

project documents updates


Expert Solution
Questions # 384:

While implementing an approved change, a critical defect was introduced. Removing the defect will delay the product delivery. What is the MOST appropriate approach to managing this situation?

Options:

A.

Utilize the change control process.


B.

Crash the schedule to fix the defect.


C.

Leave the defect in and work around it.


D.

Fast-track the remaining development.


Expert Solution
Questions # 385:

Which is used to solicit proposals from prospective sellers?

Options:

A.

Procurement statement of work


B.

Resource calendars


C.

Procurement document


D.

Independent estimates


Expert Solution
Questions # 386:

Which tool is used to develop technical details within the project management plan?

Options:

A.

Expert judgment


B.

Project management methodology


C.

Project management information system (PMIS)


D.

Project selection methods


Expert Solution
Questions # 387:

Which is the Define Scope technique used to generate different approaches to execute and perform the work of the project?

Options:

A.

Build vs. buy


B.

Expert judgment


C.

Alternatives identification


D.

Product analysis


Expert Solution
Questions # 388:

Two members of the team are having a conflict..............or partially resolve the problem

Two members of the team are having a conflict. The project manager decides that, in this case, the best solution is to bring some degree of satisfaction to all parties, in order to temporarily or partially resolve the problem.

Which technique should the project manager use?

Options:

A.

Withdraw/Avoid


B.

Smooth/Accommodate


C.

Compromise/Reconcile


D.

Collaborate/Problem Solve


Expert Solution
Questions # 389:

What is a key benefit of using virtual project teams?

Options:

A.

Ensures appropriate behavior, security, and the protection of proprietary information


B.

Reduces the risk of conflict due to interpersonal communications and other interactions


C.

Assures that all team members have a clear and common understanding of the project


D.

Reduces project cost by use of modern technologies allowing seamless team collaboration


Expert Solution
Questions # 390:

What is the schedule performance index (SPI) using the following data? BAC = $100,000 PV = $50,000 AC = $80,000 EV = $40,000

Options:

A.

1


B.

0.4


C.

0.5


D.

0.8


Expert Solution
Questions # 391:

Which is one of the major outputs of Sequence Activities?

Options:

A.

Responsibility assignment matrix (RAM)


B.

Work breakdown structure (WBS) update


C.

Project schedule network diagram


D.

Mandatory dependencies list


Expert Solution
Viewing page 8 out of 8 pages
Viewing questions 351-400 out of questions