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

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Viewing questions 46-60 out of questions
Questions # 46:

Projects are typically authorized as a result of any of the following except:

Options:

A.

Market demand


B.

Successful RFP bidding


C.

Regulatory requirement


D.

Technological advance


Expert Solution
Questions # 47:

During project lose out, the final task is __________.

Options:

A.

Verify that contractual obligations were met


B.

Transfer the deliverables to the client


C.

Reassign team member


D.

Complete lessons learned records


Expert Solution
Questions # 48:

When should the project expeditor form of organization be used?

Options:

A.

When the project is extremely important to the organization


B.

When a project's cost and importance are relatively low


C.

When the project manager has a lot of responsibility and accountability


D.

When the organization's primary source of revenue is derived from projects


Expert Solution
Questions # 49:

Decomposition is ___________.

Options:

A.

What happens when changes to the project scope are ignore


B.

Subdividing the major project deliverables into smaller, more manageable components


C.

Defining a general product description into more discrete definitions of individual components


D.

Subdividing the project into logical divisions of effort aligned within the performing organization's functional areas


Expert Solution
Questions # 50:

The party that needs the change resulting from the project, and who will be its custodian on completion is the _______.

Options:

A.

Owner


B.

Sponsor


C.

Customer


D.

client


Expert Solution
Questions # 51:

A cost management plan is ______________.

Options:

A.

A plan for describing how cost variances will be managed


B.

A subsidiary element of the project charter


C.

An input to the Estimate Costs process


D.

Both A and C


Expert Solution
Questions # 52:

Group brainstorming encourages all of the following except ___________.

Options:

A.

Team building


B.

Analysis of alternatives


C.

Convergent thinking


D.

Uninhibited verbalization


Expert Solution
Questions # 53:

On a project, quality should generally be of ________.

Options:

A.

Equal priority with schedule, but higher priority than cost


B.

Higher priority than cost and schedule


C.

Equal priority with cost, but higher priority than schedule


D.

Equal priority with cost and schedule


Expert Solution
Questions # 54:

A unilateral contract under which the seller is paid a preset amount per unit of service is called __________.

Options:

A.

A cost reimbursable contract


B.

A lump sum contract


C.

A time and material contract


D.

A fixed price contract


Expert Solution
Questions # 55:

When Identify Risks should be performed?

Options:

A.

During Concept Phase


B.

During Development Phase


C.

During Implementation Phase


D.

On a regular basis throughout the project


Expert Solution
Questions # 56:

You are the project manager of a project. You have to determine the staffing requirements of the project. Which of the following you need:

Options:

A.

Resource breakdown schedule


B.

Responsibility assignment matrix


C.

Work breakdown structure


D.

Organization chart


Expert Solution
Questions # 57:

Deflection or transfer of a risk to another party is part of which of the following risk response categories?

Options:

A.

Transfer


B.

Acceptance


C.

Avoidance


D.

Mitigate


Expert Solution
Questions # 58:

The concept of making a giant leap forward followed by a period of maturity is called _________.

Options:

A.

Innovation


B.

Continuous improvement


C.

Just in time


D.

Paradigm


Expert Solution
Questions # 59:

An example of risk mitigation is:

Options:

A.

Taking early action to reduce probably of risk rather repair the damage after risk has occurred.


B.

Purchasing insurance


C.

Eliminating the cause of a risk


D.

You develop a contingency plan to execute in case the risk event occurs.


Expert Solution
Questions # 60:

The process of evaluating overall project performance on a regular basis to provide confidence that the project will satisfy the relevant quality standards is called __________.

Options:

A.

Quality Assurance


B.

Quality Control


C.

Plan Quality


D.

Quality Review


Expert Solution
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