[Nov-2021] Dumps Practice Exam Questions Study Guide for the CAPM Exam
CAPM Dumps with Practice Exam Questions Answers
What is the duration of CAPM Exam
The duration of this exam is 3 hours.
Preparing for CAPM Exam Using Study Guides
To guarantee success, candidates make use of several study guides when preparing for the final test. Overall, the exam structure requires knowledge of:
- Project and organization lifecycle;
- Human resource management;
- Time and cost management;
- Project Environment;
- Quality management;
- Project risk management;
- Project scope management;
- Project integration management;
- Communications management;
- Stakeholder management.
- Project management processes;
NEW QUESTION 365
What is an example of an emerging trend in procurement management?
- A. Online technologies enable projects to postpone ordering long lead items until the items are needed.
- B. Online procurement tools provide buyers with multiple sources to advertise to sellers.
- C. Online procurement tools provide sellers with designated sources for procurement documents and the resources to complete them.
- D. Online technologies allow a project's progress to be viewed by all stakeholders to build better relations.
Answer: C
Explanation:
Section: Volume E
NEW QUESTION 366
Scope, schedule, and cost parameters are integrated in the:
- A. Summary of changes approved in a period.
- B. Analysis of project forecasts.
- C. Performance measurement baseline.
- D. Analysis of past performance.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Performance Measurement Baseline (PMB). An approved, integrated scope-schedule-cost plan for the project work against which project execution is compared to measure and manage performance. The PMB includes contingency reserve, but excludes management reserve.
NEW QUESTION 367
The approaches, tools, and data sources that will be used to perform risk management on a project are determined by the:
- A. Risk attitude
- B. Risk category
- C. Assumption analysis
- D. Methodology
Answer: D
NEW QUESTION 368
Which tool and technique is used in Conduct Procurements?
- A. Contract types
- B. Bidder conferences
- C. Expert judgment
- D. Teaming agreements
Answer: B
NEW QUESTION 369
One of the objectives of a quality audit is to:
- A. share the process documentation among stakeholders.
- B. highlight the need for root cause analysis.
- C. identify all of the gaps or shortcomings.
- D. offer assistance with non-value-added activities.
Answer: C
NEW QUESTION 370
Expected monetary value (EMV) is computed by which equation?
- A. Value of each possible outcome multiplied by probability of occurrence
- B. Multiplying the value of each possible outcome by the probability of non-occurrence and adding the products together
- C. Multiplying the value of each possible outcome by the probability of occurrence and adding the products together
- D. Value of each possible outcome multiplied by probability of non-occurrence
Answer: C
Explanation:
Explanation/Reference:
Explanation:
EMV = Probability * Impact in currency
Expected Monetary Value (EMV) Analysis. A statistical technique that calculates the average outcome when the future includes scenarios that may or may not happen. A common use of this technique is within decision tree analysis.
NEW QUESTION 371
Which of the following types of a dependency determination is used to define the sequence of activities?
- A. Legal
- B. Resource
- C. Internal
- D. Discretionary
Answer: D
NEW QUESTION 372
Which tool or technique allows a large number of ideas to be classified into groups for review and analysis?
- A. Nominal group technique
- B. Brainstorming
- C. Idea/mind mapping
- D. Affinity diagram
Answer: D
Explanation:
Explanation/Reference:
Explanation:
5.2.2.4 Group Creativity Techniques
Several group activities can be organized to identify project and product requirements. Some of the group creativity techniques that can be used are:
Brainstorming. A technique used to generate and collect multiple ideas related to project and product
requirements. Although brainstorming by itself does not include voting or prioritization, it is often used with other group creativity techniques that do.
Nominal group technique. A technique that enhances brainstorming with a voting process used to rank
the most useful ideas for further brainstorming or for prioritization.
Idea/mind mapping. A technique in which ideas created through individual brainstorming sessions are
consolidated into a single map to reflect commonality and differences in understanding, and generate new ideas.
Affinity diagram. A technique that allows large numbers of ideas to be classified into groups for review
and analysis.
Multicriteria decision analysis. A technique that utilizes a decision matrix to provide a systematic
analytical approach for establishing criteria, such as risk levels, uncertainty, and valuation, to evaluate and rank many ideas.
NEW QUESTION 373
Which Define Activities tool or technique is used for dividing and subdividing the project scope and project deliverables into smaller, more manageable parts?
- A. Inspection
- B. Decomposition
- C. Project analysis
- D. Document analysis
Answer: B
NEW QUESTION 374
The scope management plan and scope baseline are contained in:
- A. the project management plan
- B. organizational process assets
- C. the project charter
- D. a requirements traceability matrix
Answer: A
Explanation:
Section: Volume B
NEW QUESTION 375
Requirements documentation, requirements management plan, and requirements traceability matrix are all outputs of which process?
- A. Create WBS
- B. Define Scope
- C. Collect Requirements
- D. Control Scope
Answer: C
NEW QUESTION 376
The product scope description is used to:
- A. Progressively elaborate the characteristics of the product, service, or result.
- B. Describe the project in great detail.
- C. Gain stakeholders' support for the project.
- D. Define the process and criteria for accepting a completed product, service, or result.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
5.3.3.1 Project Scope Statement
The project scope statement is the description of the project scope, major deliverables, assumptions, and constraints. The project scope statement documents the entire scope, including project and product scope.
It describes, in detail, the project's deliverables and the work required to create those deliverables. It also provides a common understanding of the project scope among project stakeholders. It may contain explicit scope exclusions that can assist in managing stakeholder expectations. It enables the project team to perform more detailed planning, guides the project team's work during execution, and provides the baseline for evaluating whether requests for changes or additional work are contained within or outside the project's boundaries.
The degree and level of detail to which the project scope statement defines the work that will be performed and the work that is excluded can help determine how well the project management team can control the overall project scope. The detailed project scope statement, either directly, or by reference to other documents, includes the following:
Product scope description. Progressively elaborates the characteristics of the product, service, or
result described in the project charter and requirements documentation.
Acceptance criteria. A set of conditions that is required to be met before deliverables are accepted.
Deliverable. Any unique and verifiable product, result, or capability to perform a service that is required
to be produced to complete a process, phase, or project. Deliverables also include ancillary results, such as project management reports and documentation. These deliverables may be described at a summary level or in great detail.
NEW QUESTION 377
Using values such as scope, cost, budget, and duration or measures of scale such as size, weight, and complexity from a previous similar project as the basis for estimating the same parameter or measurement for a current project describes which type of estimating?
- A. Analogous
- B. Three-point
- C. Parametric
- D. Bottom-up
Answer: A
NEW QUESTION 378
Changes to formally controlled documentation, plans, etc. to reflect modified or additional ideas or content are known as:
- A. defect repairs.
- B. corrective actions.
- C. updates.
- D. preventive actions.
Answer: C
Explanation:
Section: Volume D
Explanation:
4.3.3.3 Change Requests
A change request is a formal proposal to modify any document, deliverable, or baseline. An approved change request will replace the associated document, deliverable, or baseline and may result in an update to other parts of the project management plan. When issues are found while project work is being performed, change requests are submitted, which may modify project policies or procedures, project scope, project cost or budget, project schedule, or project quality. Other change requests cover the needed preventive or corrective actions to forestall negative impact later in the project. Requests for a change can be direct or indirect, externally or internally initiated, and can be optional or legally/contractually mandated, and may include:
Corrective action-An intentional activity that realigns the performance of the project work with the project
management plan;
Preventive action-An intentional activity that ensures the future performance of the project work is aligned
with the project management plan;
Defect repair-An intentional activity to modify a nonconforming product or product component;
Updates-Changes to formally controlled project documents, plans, etc., to reflect modified or additional
ideas or content.
NEW QUESTION 379
The project manager notes that stakeholders are aware of the project and potential impacts and are actively engaged in ensuring that the project is a success. The engagement level of the stakeholders should be classified as:
- A. Supportive
- B. Neutral
- C. Leading
- D. Resistant
Answer: C
Explanation:
Section: Volume C
Explanation/Reference:
NEW QUESTION 380
What is the order of the stages of project team development?
- A. Forming, Storming, Norming, Performing, and Adjourning
- B. Storming, Forming, Norming, Performing, and Adjourning
- C. Forming, Storming, Performing, Norming, and Adjourning
- D. Adjourning, Forming, Storming, Norming, and Performing
Answer: A
Explanation:
Section: Volume E
Explanation/Reference: https://project-management.com/the-five-stages-of-project-team-development/
NEW QUESTION 381
The iterative and interactive nature of the Process Groups creates the need for the processes in which Knowledge Area?
- A. Project Scope Management
- B. Project Risk Management
- C. Project Communications Management
- D. Project Integration Management
Answer: D
NEW QUESTION 382
The diagram below is an example of a:
- A. Risk breakdown structure (RBS).
- B. Project team.
- C. Work breakdown structure (WBS).
- D. SWOT Analysis.
Answer: A
NEW QUESTION 383
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