PMI CAPM Test Engine Practice Test Questions, Exam Dumps [Q348-Q370]

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PMI CAPM Test Engine Practice Test Questions, Exam Dumps

100% Free CAPM Daily Practice Exam With 899 Questions


PMI CAPM Exam Syllabus Topics:

TopicDetails
Topic 1
  • Identify the Input, tools, techniques and outputs defined in the six processes in project schedule management
  • Identify the major elements included in the PMI triangle
Topic 2
  • Recognize the relationships among project, program, portfolio, and operational management
  • Identify methods for project integration and knowledge management
Topic 3
  • Understand the seven project management processes in the project integration management knowledge area
  • Define the six project management processes in the project schedule management knowledge area
Topic 4
  • Understand the four project management processes in the project cost management knowledge area
  • Identify the factors and assets that may impact the outcome of a project
Topic 5
  • Understand and apply basic forecasting and earned value methods for project cost management
  • Recognize the difference between leadership and management
Topic 6
  • Identify the Input,tools,techniques and outputs defined in the four processes in project cost management
  • Distinguish between organizational systems
Topic 7
  • Identify key concepts in project cost management,including tail oringand special considerations for agile
  • adaptive environments


Target Audience and Prerequisites

The CAPM certification is intended for those professionals who are interested in or are just starting a career in project management, as well as for the project team members seeking to demonstrate their PM expertise. The individuals who do not possess the required experience but are interested in the project management domain can also benefit from this PMI certificate.

To be eligible for the PMI CAPM certificate, the applicants should meet certain educational requirements. They need to have a secondary degree (an associate’s degree, a diploma from high school, or its global equivalent). Additionally, they should have completed at least 23 hours of formal education in project management.

 

NEW QUESTION 348
The cost baseline and project funding requirements are outputs of which process in Project Cost Management?

  • A. Plan Cost Management
  • B. Determine Budget
  • C. Control Costs
  • D. Estimate Costs

Answer: B

 

NEW QUESTION 349
The milestone list is an input to which process from the Planning Process Group?

  • A. Estimate Activity Durations
  • B. Estimate Activity Resources
  • C. Define Activities
  • D. Sequence Activities

Answer: D

 

NEW QUESTION 350
Which is an output of the Collect Requirements process?

  • A. Work performance measurements
  • B. Requirements traceability matrix
  • C. Project scope statement
  • D. WBS dictionary

Answer: B

Explanation:
Explanation/Reference:
Explanation:
5.2.3.2 Requirements Traceability Matrix
The requirements traceability matrix is a grid that links product requirements from their origin to the deliverables that satisfy them. The implementation of a requirements traceability matrix helps ensure that each requirement adds business value by linking it to the business and project objectives. It provides a means to track requirements throughout the project life cycle, helping to ensure that requirements approved in the requirements documentation are delivered at the end of the project. Finally, it provides a structure for managing changes to the product scope.
Tracing includes, but is not limited to, tracing requirements for the following:
Business needs, opportunities, goals, and objectives;

Project objectives;

Project scope/WBS deliverables;

Product design;

Product development;

Test strategy and test scenarios; and

High-level requirements to more detailed requirements.

Attributes associated with each requirement can be recorded in the requirements traceability matrix. These attributes help to define key information about the requirement. Typical attributes used in the requirements traceability matrix may include: a unique identifier, a textual description of the requirement, the rationale for inclusion, owner, source, priority, version, current status (such as active, cancelled, deferred, added, approved, assigned, completed), and status date. Additional attributes to ensure that the requirement has met stakeholders' satisfaction may include stability, complexity, and acceptance criteria.
Process: 5.2 Collect Requirements
Definition: The process of determining, documenting, and managing stakeholder needs and requirements to meet project objectives.
Key Benefit: The key benefit of this process is that it provides the basis for defining and managing the project scope including product scope.
Inputs
1. Scope management plan
2. Requirements management plan
3. Stakeholder management plan
4. Project charter
5. Stakeholder register
Tools & Techniques
1. Interviews
2. Focus groups
3. Facilitated workshops
4. Group creativity techniques
5. Group decision-making techniques
6. Questionnaires and surveys
7. Observations
8. Prototypes
9. Benchmarking
10.Context diagrams
11.Document analysis
Outputs
1. Requirements documentation
2. Requirements traceability matrix

 

NEW QUESTION 351
Cost variance (CV) is equal to earned value:

  • A. Minus actual cost [EV - AC].
  • B. Divided by planned value [EV/PV].
  • C. Divided by actual cost [EV/AC].
  • D. Minus planned value [EV - PV].

Answer: A

Explanation:
Explanation/Reference:
Explanation:
CV = EV - AC
CPI = EV / AC
SV = EV - PV
SPI = EV / PV

 

NEW QUESTION 352
What type of risk is Variability risk?

  • A. Integrated risk
  • B. Emerging risk
  • C. Ambiguity risk
  • D. Non-event risk

Answer: A

Explanation:
Section: Volume E

 

NEW QUESTION 353
Where are product requirements and characteristics documented?

  • A. Product scope description
  • B. Preliminary project scope statement
  • C. Communications management plan
  • D. Project charter

Answer: A

 

NEW QUESTION 354
What is one of the objectives of Project Risk Management?

  • A. Increase the probability and impact of positive events.
  • B. Removal of project risk.
  • C. Distinguish between a project risk and a project issue so that a risk mitigation plan can be put in place.
  • D. Decrease the probability and impact of an event on project objectives.

Answer: A

Explanation:
Section: Volume C
Explanation:
PROJECT RISK MANAGEMENT
Project Risk Management includes the processes of conducting risk management planning, identification, analysis, response planning, and controlling risk on a project. The objectives of project risk management are to increase the likelihood and impact of positive events, and decrease the likelihood and impact of negative events in the project.

 

NEW QUESTION 355
Identify Risks is part of which Process Group?

  • A. Planning
  • B. Initiating
  • C. Closing
  • D. Executing

Answer: A

Explanation:
Section: Volume A
Explanation:
Planning Process Group
4.2 Develop Project Management Plan
5.1 Plan Scope Management
5.2 Collect Requirements
5.3 Define Scope
5.4 Create WBS
6.1 Plan Schedule Management
6.2 Define Activities
6.3 Sequence Activities
6.4 Estimate Activity Resources
6.5 Estimate Activity Durations
6.6 Develop Schedule
7.1 Plan Cost Management
7.2 Estimate Costs
7.3 Determine Budget
8.1 Plan Quality Management
9.1 Plan Human Resource Management
10.1 Plan Communications Management
11.1 Plan Risk Management
11.2 Identify Risks
11.3 Perform Qualitative Risk Analysis
11.4 Perform Quantitative Risk Analysis
11.5 Plan Risk Responses
12.1 Plan Procurement Management
13.2 Plan Stakeholder Management

 

NEW QUESTION 356
Which of the following are components of the technical project management skill?

  • A. Ability to deal with people, to be collaborative, and to apply persuasion and negotiation
  • B. Ability to explain business aspects of the project, business strategy, goals and objectives, and business value
  • C. Ability to plan and prioritize, gather the right artifacts available for each project, and focus on critical success factors
  • D. Ability to focus on relationships with people, inspire trust, and implement decisions and actions that support the business strategy

Answer: C

 

NEW QUESTION 357
A project team member agrees to change a project deliverable after a conversation with an external stakeholder. It is later discovered that the change has had an adverse effect on another deliverable. This could have been avoided if the project team had implemented:

  • A. Project team building.
  • B. Quality assurance.
  • C. A stakeholder management plan.
  • D. Integrated change control.

Answer: D

Explanation:
Explanation/Reference:
Explanation:
Process: 4.5 Perform Integrated Change Control
Perform Integrated Change Control is the process of reviewing all change requests; approving changes and managing changes to deliverables, organizational process assets, project documents, and the project management plan; and communicating their disposition. It reviews all requests for changes or modifications to project documents, deliverables, baselines, or the project management plan and approves or rejects the changes.
Key Benefit: The key benefit of this process is that it allows for documented changes within the project to be considered in an integrated fashion while reducing project risk, which often arises from changes made without consideration to the overall project objectives or plans.
Inputs
1. Project management plan
2. Work performance reports
3. Change requests
4. Enterprise environmental factors
5. Organizational process assets
Tools & Techniques
1. Expert judgment
2. Meetings
3. Change control tools
Outputs
1. Approved change requests
2. Change log
3. Project management plan updates
4. Project documents updates

 

NEW QUESTION 358
Which of the following schedule network analysis techniques is applied when a critical path method calculation has been completed and resources availability is critical?

  • A. Applying calendars
  • B. Resource leveling
  • C. Resource planning
  • D. Resource conflict management

Answer: B

 

NEW QUESTION 359
For the given information:

Activity A, duration 5 days, predecessors: none
Activity B, duration 3 days, predecessors: none
Activity C, duration 6 days, predecessors: A and B
Activity D, duration 7 days, predecessors: B
Activity E, duration 4 days, predecessors: C and D
Activity F, duration 2 days, predecessors: E and B
Which of the following shows the project's critical path?

  • A. Start, B, D, E, F, Finish
  • B. Start, B, C, E, F, Finish
  • C. Start, B, F, Finish
  • D. Start, A, C, E, F, Finish

Answer: B

 

NEW QUESTION 360
The review of a sellers progress toward achieving the goals of scope and quality within cost and schedule compared to the contract is known as:

  • A. Work performance information.
  • B. Procurement performance reviews.
  • C. Payment systems.
  • D. Inspections and audits.

Answer: B

Explanation:
Explanation/Reference:
Explanation:
Process: 12.3 Control Procurements
Definition: The process of managing procurement relationships, monitoring contract performance, and making changes and corrections as appropriate.
Key Benefit: The key benefit of this process is that it ensures that both the seller's and buyer's performance meets procurement requirements according to the terms of the legal agreement.
Inputs
1. Project management plan
2. Procurement documents
3. Agreements
4. Approved change requests
5. Work performance reports
6. Work performance data
Tools & Techniques
1. Contract change control system
2. Procurement performance reviews
3. Inspections and audits
4. Performance reporting
5. Payment systems
6. Claims administration
7. Records management system
Outputs
1. Work performance information
2. Change requests
3. Project management plan updates
4. Project documents updates
5. Organizational process assets updates

 

NEW QUESTION 361
Variance and trend analysis is a tool and technique used in which process?

  • A. Perform Qualitative Risk Analysis
  • B. Plan Risk Responses
  • C. Control Risks
  • D. Perform Quantitative Risk Analysis

Answer: C

 

NEW QUESTION 362
A project manager is working in an environment where requirements are not very clear and may change during the project. In addition, the project has several stakeholders and is technically complex.
Which strategies should the project manager take into account for risk management in this environment?

  • A. Frequently review incremental work products and update the requirements for proper prioritization
  • B. Include contingency reserves and update the project management plan frequently
  • C. Occasionally identify, evaluate, and classify risks
  • D. Review requirements and cross-functional project teams

Answer: C

Explanation:
Section: Volume E

 

NEW QUESTION 363
Stakeholder communication requirements should be included as a component of:

  • A. organizational process assets
  • B. the project management plan
  • C. enterprise environmental factors
  • D. the stakeholder register

Answer: B

 

NEW QUESTION 364
Which stakeholder approves a project's result?

  • A. Customer
  • B. Functional manager
  • C. Seller
  • D. Sponsor

Answer: A

Explanation:
Section: Volume B

 

NEW QUESTION 365
To please the customer, a project team member delivers a requirement which is uncontrolled. This is not part of the plan. This describes:

  • A. work performance information.
  • B. scope creep.
  • C. deliverables.
  • D. a change request.

Answer: B

Explanation:
Section: Volume D

 

NEW QUESTION 366
An organizational structure that standardizes the project-related governance and facilitates the sharing of resources, methodologies, tools, and techniques is referred to as:

  • A. Project Management Knowledge Area
  • B. Project Management Office
  • C. Project Management Information System
  • D. Project Management System

Answer: B

Explanation:
Section: Volume E
Explanation
Explanation/Reference: https://www.projectengineer.net/what-is-a-project-management-office/

 

NEW QUESTION 367
The process improvement plan details the steps for analyzing processes to identify activities which enhance their:

  • A. quality.
  • B. value.
  • C. technical performance.
  • D. status.

Answer: B

Explanation:
Section: Volume E
Explanation:
8.1.3.2 Process Improvement Plan
The process improvement plan is a subsidiary or component of the project management plan (Section 4.2.3.1).
The process improvement plan details the steps for analyzing project management and product development processes to identify activities that enhance their value.
Areas to consider include:
Process boundaries. Describe the purpose of the process, the start and end of the process, its inputs and

outputs, the process owner, and the stakeholders of the process.
Process configuration. Provides a graphic depiction of processes, with interfaces identified, used to

facilitate analysis.
Process metrics. Along with control limits, allows analysis of process efficiency.

Targets for improved performance. Guide the process improvement activities.

 

NEW QUESTION 368
Perform Quality Control is accomplished by:

  • A. Applying Monte Carlo, sampling, Pareto analysis, and benchmarking techniques to ensure conformance to quality standards.
  • B. Identifying quality standards that are relevant to the project and determining how to satisfy them.
  • C. Monitoring and recording the results of executing the quality activities to assess performance and recommend necessary changes.
  • D. Ensuring that the entire project team has been adequately trained in quality assurance processes.

Answer: C

Explanation:
Section: Volume C

 

NEW QUESTION 369
Which task will a project manager undertake while conducting Project Resource Management?

  • A. Train the team members in project skill sets.
  • B. Procure equipment, materials, facilities, and infrastructure for the project.
  • C. Define the roles and responsibilities of each team member.
  • D. Identity the different aspects of me team to manage and control physical resources efficiently.

Answer: D

 

NEW QUESTION 370
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