Pass the PMI CAPM PMI-002 Questions and answers with CertsForce

You can gather as much information as you can before proceeding.

If your cost performance index is above 1.0, it indicates that you have costs that are less then estimated; so doing good. Option A is BEST fit for this CPI = EV/AC (Earned value/ Actual cost

Define Scope - Inputs Requirements document created in collect requirements process, Project Charter and Organizational Process Assets (Project files from previous projects, lesson learned)

Bottom-up estimating: Estimating the cost of individual work items and then rolling up the costs to arrive at a project total: It is more accurate. Analogous estimating: Analogous estimating is also called top-down estimating and uses the actual cost of a previous, similar project as the basis for estimating the cost of the current project. Parametric estimating: Using project characteristics (or parameters) in a mathematical model to predict costs (e.g., price per square meter).

Administrative closure: Closes all activities pertaining to a specific project

Customer gives project acceptance. Customer may be person or organization.

A work package is the lowest level of a work breakdown structure.

as new to project he is most likely looking for acceptance and friendship. This comes under Social need.

Verify Scope is the process of formally accepting the deliverable of a project or phase. A is incorrect because EVM measures project performance. C is incorrect because quality control is concerned with the correctness of the work, not the acceptance of the work. QA is incorrect because this described the quality program for the organization as a whole.

In PMBOK, the buyer is Internal to the project team.

The process of determining the characteristics and features of the product of the project is called Progressive elaboration. Progressive elaboration is carried out via steps in detailed fashion.

One of the most important tasks of the project manager during the Execution and Control phases of the project is the management of information. All Information should be communicated to everyone in the communication plan.

The Risk Register is detailed part of the project management plan.

If any change occur, the version control numbers should change.

The Planning phase is the phase with the least risk attached. The Execution phase of the project is when you are using your resources at their highest level .