CAPM PRACTICE EXAM 3|197 Questions with Verified Answers,100% CORRECT, Exams of Business Economics

Download CAPM PRACTICE EXAM 3|197 Questions with Verified Answers,100% CORRECT and more Exams Business Economics in PDF only on Docsity! CAPM PRACTICE EXAM 3|197 Questions with Verified Answers "QUESTION NO: 1 Power, urgency and legitimacy are attributes of which stakeholder classification model? salience influence/impact power/interest power/influence - CORRECT ANSWER Power, urgency and legitimacy are attributes of which stakeholder classification model? salience "QUESTION NO: 2 Through whom do project managers accomplish work? consultants and stakeholders stakeholders and functional managers project team members and consultants project team members and stakeholders - CORRECT ANSWER Through whom do project managers accomplish work? project team members and stakeholders QUESTION NO: 3 A stakeholder expresses a need not known to the project manager. The project manager most likely missed a step in which stakeholder management process?" "Plan Stakeholder Management Identify Stakeholders Manage Stakeholder Engagement Control Stakeholder Engagement " - CORRECT ANSWER A stakeholder expresses a need not known to the project manager. The project manager most likely missed a step in which stakeholder management process?" "Plan Stakeholder Management QUESTION NO: 4 Skills necessary for project management such as motivating to provide encouragement; listening actively; persuading a team to perform an action; and summarizing, recapping and identifying next steps are known as: organizational skills. technical skills. communication skills. hard skills. - CORRECT ANSWER Skills necessary for project management such as motivating to provide encouragement; listening actively; persuading a team to perform an action; and summarizing, recapping and identifying next steps are known as: communication skills. QUESTION NO: 5 When a project is undertaken to reduce defects in a product or service, the objective of the project is to create a/an: improvement. program. result. portfolio. - CORRECT ANSWER When a project is undertaken to reduce defects in a product or service, the objective of the project is to create a/an: improvement. "QUESTION NO: 12 Which type of probability distribution is used to represent uncertain events such as the outcome of a test or a possible scenario in a decision tree? uniform continuous discrete linear" - CORRECT ANSWER Which type of probability distribution is used to represent uncertain events such as the outcome of a test or a possible scenario in a decision tree? discrete QUESTION NO: 14 Which process involves determining, documenting and managing stakeholders' needs and requirements to meet project objectives? Collect Requirements Plan Scope Management Define Scope Define Activities - CORRECT ANSWER Which process involves determining, documenting and managing stakeholders' needs and requirements to meet project objectives? Collect Requirements QUESTION NO: 15 Plan Communications Management develops an approach and plan for project communications based on stakeholders' needs and requirements and: available organizational assets. project staff assignments. interpersonal skills. enterprise environmental factors. - CORRECT ANSWER Plan Communications Management develops an approach and plan for project communications based on stakeholders' needs and requirements and: available organizational assets. QUESTION NO: 16 What is the risk rating if the probability of occurrence is 0.30 and the impact if it does occur is moderate (0.20)? 0.03 0.06 0.10 0.50 - CORRECT ANSWER What is the risk rating if the probability of occurrence is 0.30 and the impact if it does occur is moderate (0.20)? 0.06 QUESTION NO: 17 A complete set of concepts, terms and activities that comprise an area of specialization is known as: a Knowledge Area. a Process Group. program management. portfolio management. - CORRECT ANSWER A complete set of concepts, terms and activities that comprise an area of specialization is known as: a Knowledge Area. QUESTION NO: 18 The risk response strategy in which the project team acts to reduce the probability of occurrence or impact of a risk is known as: exploit. avoid. mitigate. share. - CORRECT ANSWER QUESTION NO: 18 The risk response strategy in which the project team acts to reduce the probability of occurrence or impact of a risk is known as: mitigate. " QUESTION NO: 19 Which process is conducted from project inception through completion and is ultimately the responsibility of the project manager? Control Quality Monitor and Control Project Work Control Scope Perform Integrated " - CORRECT ANSWER Which process is conducted from project inception through completion and is ultimately the responsibility of the project manager? Perform Integrated " "QUESTION NO: 20 Project management processes ensure: alignment with organizational strategy. an efficient means to achieve the project objectives. performance of the project team. an effective flow of the project throughout its life cycle. - CORRECT ANSWER Project management processes ensure: an effective flow of the project throughout its life cycle. QUESTION NO: 21 Which project risk listed in the table below is most likely to occur? Project Risks Probability Impact Risk 1 L M Risk 2 H H Risk 3 L L QUESTION NO: 28 Which project document is updated in the Control Stakeholder Engagement process? project reports issue log lessons learned documentation work performance information - CORRECT ANSWER Which project document is updated in the Control Stakeholder Engagement process? ] issue log QUESTION NO: 29 Which Project Time Management process includes bottom-up estimating as a tool or technique? estimate Activity Resources sequence Activities estimate Activity Durations develop Schedule - CORRECT ANSWER A Which Project Time Management process includes bottom-up estimating as a tool or technique? estimate Activity Resources QUESTION NO: 30 Progressively elaborating high-level information into detailed plans is performed by the: project management office. portfolio manager. program manager. project manager. - CORRECT ANSWER D Progressively elaborating high-level information into detailed plans is performed by the: project manager. QUESTION NO: 31 One of the key benefits of the Plan Human Resource Management process is that it: outlines team selection guidelines and team member responsibilities. establishes project roles and responsibilities. improves teamwork, interpersonal skills, and competencies. provides an accurate appraisal of team member performance. " - CORRECT ANSWER b One of the key benefits of the Plan Human Resource Management process is that it: establishes project roles and responsibilities. Which Define Activities tool or technique is used for dividing and subdividing the project scope and project deliverables into smaller, more manageable parts? ""decomposition inspection project analysis document analysis - CORRECT ANSWER a Which Define Activities tool or technique is used for dividing and subdividing the project scope and project deliverables into smaller, more manageable parts? ""decomposition QUESTION NO: 33 In the Define Activities process, the schedule management plan is used to: capture the lessons learned from other projects for comparison. contain the standard activity list. document and support the project change requests. prescribe the level of detail needed to manage the worK - CORRECT ANSWER d In the Define Activities process, the schedule management plan is used to: prescribe the level of detail needed to manage the worK QUESTION NO: 34 A project team attempts to produce a deliverable and finds that they have neither the expertise nor the time to complete the deliverable in a timely manner. This issue could have been avoided if they had created and followed a: risk management plan. human resource management plan. scope management plan. procurement management plan. - CORRECT ANSWER A project team attempts to produce a deliverable and finds that they have neither the expertise nor the time to complete the deliverable in a timely manner. This issue could have been avoided if they had created and followed a: D= procurement management plan. QUESTION NO: 35 A benefit of using virtual teams in the Acquire Project Team process is the reduction of the: cultural differences of team members. possibility of communication misunderstandings. costs associated with travel. costs associated with technology. - CORRECT ANSWER C A benefit of using virtual teams in the Acquire Project Team process is the reduction of the: costs associated with travel. QUESTION NO: 36 A special type of bar chart used in sensitivity analysis for comparing the relative importance of the variables is called a: triangular distribution. tornado diagram. beta distribution. fishbone diagram." - CORRECT ANSWER B strong matrix functional - CORRECT ANSWER B Which type of organizational structure is displayed in the diagram provided? projectized QUESTION NO: 43 Outputs of the Control Communications process include: expert judgment and change requests. work performance information and change requests. organizational process asset updates and an issue log. project management plan updates and an issue log. - CORRECT ANSWER B Outputs of the Control Communications process include: work performance information and change requests. QUESTION NO: 44 In the Plan Procurement Management process, which source selection criteria analyzes if the seller's proposed technical methodologies, techniques, solutions, and services meet the procurement documents requirements? technical approach technical capability business size and type production capacity and interest " - CORRECT ANSWER AIn the Plan Procurement Management process, which source selection criteria analyzes if the seller's proposed technical methodologies, techniques, solutions, and services meet the procurement documents requirements? technical approach "Stakeholder communication requirements should be included as a component of: enterprise environmental factors. organizational process assets. "the project management plan. the stakeholder register. " - CORRECT ANSWER C "Stakeholder communication requirements should be included as a component of: "the project management plan. QUESTION NO: 46 Which group creativity technique asks a selected group of experts to answer questionnaires and provide feedback regarding the responses from each round of requirements gathering? the Delphi technique nominal group technique affinity diagram brainstorming - CORRECT ANSWER A Which group creativity technique asks a selected group of experts to answer questionnaires and provide feedback regarding the responses from each round of requirements gathering? the Delphi technique QUESTION NO: 47 At which point of the project is the uncertainty the highest and the risk of failing the greatest? final phase of the project start of the project end of the project midpoint of the project - CORRECT ANSWER B At which point of the project is the uncertainty the highest and the risk of failing the greatest? start of the project QUESTION NO: 48 What type of project structure is a hierarchically organized depiction of the resources by type? organizational breakdown structure (OBS) resource breakdown structure (RBS) work breakdown structure (WBS) project breakdown structure (PBS) - CORRECT ANSWER B What type of project structure is a hierarchically organized depiction of the resources by type? resource breakdown structure (RBS) QUESTION NO: 49 The primary benefit of the Plan Schedule Management process is that it: provides guidance to identify time or schedule challenges within the project. tightly links processes to create a seamless project schedule. guides how the project schedule will be managed throughout the project. creates an overview of all activities broken down into manageable subsections. - CORRECT ANSWER C The primary benefit of the Plan Schedule Management process is that it: guides how the project schedule will be managed throughout the project. " Requirements documentation will typically contain at least: stakeholder requirements, staffing requirements and transition requirements. business objectives, stakeholder impact and functional requirements. QUESTION NO: 56 Which process involves the creation of a document that provides the project manager with the authority to apply resources to a project? Define Activities Direct and Manage Project Work Develop Project Management Plan Develop Project Charter - CORRECT ANSWER D Which process involves the creation of a document that provides the project manager with the authority to apply resources to a project? Develop Project Charter QUESTION NO: 57 The process of identifying and documenting the specific actions to be performed to produce the project deliverables is known as: Define Activities Sequence Activities Define Scope Control Schedule " - CORRECT ANSWER A The process of identifying and documenting the specific actions to be performed to produce the project deliverables is known as: Define Activities "Which document includes the project scope, major deliverables, assumptions and constraints? project charter" "project scope statement scope management plan project document updates - CORRECT ANSWER B "Which document includes the project scope, major deliverables, assumptions and constraints? "project scope statement QUESTION NO: 59 When an activity cannot be estimated with a reasonable degree of confidence, the work within the activity is decomposed into more detail using which type of estimating? bottom-up parametric analogous three-point - CORRECT ANSWER A When an activity cannot be estimated with a reasonable degree of confidence, the work within the activity is decomposed into more detail using which type of estimating? bottom-up QUESTION NO: 60 Definitions of probability and impact, revised stakeholder tolerances, and tracking are components of which subsidiary plan? cost management plan quality management plan communications management plan risk management plan - CORRECT ANSWER D Definitions of probability and impact, revised stakeholder tolerances, and tracking are components of which subsidiary plan? risk management plan QUESTION NO: 61 Which component of the human resource management plan describes when and how project team members are acquired and how long they will be needed? resource breakdown structure staffing management plan project organizational chart scope management plan - CORRECT ANSWER B Which component of the human resource management plan describes when and how project team members are acquired and how long they will be needed? staffing management plan QUESTION NO: 62 What is an objective of the Develop Project Team process? feelings of trust and improved cohesiveness ground rules for interaction enhanced resource availability functional managers becoming more involved - CORRECT ANSWER A What is an objective of the Develop Project Team process? feelings of trust and improved cohesiveness QUESTION NO: 63 When is a Salience Model used? in a work breakdown structure (WBS) during quality assurance Which Knowledge Area is concerned with the processes required to ensure timely and appropriate generation, collection, distribution, storage, retrieval and ultimate disposition of project information? Project Communications Management QUESTION NO: 69 Which of the following tools or techniques is used for Estimate Activity Durations? critical path method rolling wave planning precedence diagramming method parametric estimating - CORRECT ANSWER D Which of the following tools or techniques is used for Estimate Activity Durations? parametric estimating QUESTION NO: 71 Taking out insurance in relation to risk management is called what? transference avoidance ""exploring mitigation - CORRECT ANSWER C aking out insurance in relation to risk management is called what? ""exploring QUESTION NO: 70 Which tool or technique of Plan Quality involves comparing actual or planned practices to those of other projects to generate ideas for improvement and provide a[...]" Excerpt From: S. Hasnain Rizvi. "Rizvi's CAPM Exam Prep Guide." iBooks. - CORRECT ANSWER Histogram QUESTION NO: 72 During which process group is the quality policy determined? Initiating Executing Planning Controlling - CORRECT ANSWER C=Planning QUESTION NO: 73 In an organization with a projectized organizational structure, who controls the project budget? functional manager project manager program manager project management office - CORRECT ANSWER B=project manager QUESTION NO: 74 Who, along with the project manager, is supposed to direct the performance of the planned project activities and manage the various technical and organizational interfaces that exist within the project? the customer and functional managers the risk owners and stakeholders the sponsors and stakeholders the project management team - CORRECT ANSWER D=he project management team QUESTION NO: 75 Status of deliverables, implementation status for change requests and forecasted estimates to complete are examples of: earned value management. enterprise environmental factors. organizational process assets. work performance information. - CORRECT ANSWER D=work performance information. QUESTION NO: 76 Which item is an output of Plan Quality Management and an input to Perform Quality Assurance? organizational process updates quality metrics change requests quality control measurements - CORRECT ANSWER B=quality metrics " QUESTION NO: 77 A project manager managing a cross-cultural virtual project team across several time zones should be concerned about the impacts of which communication technology factor? urgent information need sensitivity of information project environment ease of use" - CORRECT ANSWER C=project environment "QUESTION NO: 78 The number of communication channels for a project with 5 stakeholders is: 10 12" "12 20 24 - CORRECT ANSWER A= 10 QUESTION NO: 79 Which tool or technique of the Define Activities process allows for work to exist at various levels of detail depending on where it is in the project life cycle? A disadvantage associated with virtual teams is that they: require communication technology that is not readily available. create difficulties when including people with disabilities. often cannot accommodate teams that work different hours or shifts. create the possibility for misunderstandings to arise - CORRECT ANSWER D=create the possibility for misunderstandings to arise QUESTION NO: 89 In which phase of team building activities do team members begin to work together and adjust their work habits and behavior to support the team? Performing Storming Norming Forming - CORRECT ANSWER C=Norming QUESTION NO: 90 The Project Human Resource Management process that involves confirming human resource availability and obtaining the team necessary to complete project activities is: Acquire Project Team. Plan Human Resource Management. Manage Project Team. Develop Project Team. - CORRECT ANSWER A=Acquire Project Team. QUESTION NO: 91 For a stakeholder with low interest and high power, the project manager should: monitor the stakeholder. manage the stakeholder closely. keep the stakeholder satisfied. keep the stakeholder informed." - CORRECT ANSWER C=keep the stakeholder satisfied. . "QUESTION NO: 92 In a typical project, project managers spend most of their time: estimating. scheduling. controlling. communicating. - CORRECT ANSWER D=communicating. QUESTION NO: 93 Which schedule method allows the project team to place buffers on the project schedule path to account for limited resources and project uncertainties? critical path method critical chain method resource levelling schedule network analysis - CORRECT ANSWER B=critical chain method QUESTION NO: 94 Correlated and contextualized information on how closely the scope is being maintained relative to the scope baseline is contained within: project documents updates. project management plan updates. change requests. work performance information - CORRECT ANSWER D= work performance information QUESTION NO: 95 The most appropriate project life cycle model for an environment with a high level of change and extensive stakeholder involvement in projects is: adaptive. reflexive. predictive. iterative. - CORRECT ANSWER A=adaptive. QUESTION NO: 96 Variance and trend analysis is a tool and technique used in which process? Perform Qualitative Risk Analysis Perform Quantitative Risk Analysis Control Risks Plan Risk Responses - CORRECT ANSWER C= Control Risks QUESTION NO: 97 An intentional activity to modify a nonconforming product or product component is called: defect repair. work repair. corrective action. preventive action. " - CORRECT ANSWER A=defect repair. "QUESTION NO: 98 Which quality tool incorporates the upper and lower specification limits allowed within an agreement? control chart flowchart checksheet" Pareto diagram - CORRECT ANSWER A=control chart QUESTION NO: 99 Analytical techniques are a tool and technique of which process in Project Procurement Management? Plan Procurement Management Control Procurements Conduct Procurements Close Procurements - CORRECT ANSWER C= Conduct Procurements QUESTION NO: 100 QUESTION NO: 108 An input to the Perform Integrated Change Control process is: expert judgment. seller proposals. the project charter. the project management plan. - CORRECT ANSWER D=the project management plan. QUESTION NO: 109 Managing ongoing production of goods and services to ensure business continues efficiently describes which type of management? portfolio project program operations - CORRECT ANSWER D=operations QUESTION NO: 110 Which type of manager is assigned by the performing organization to lead the team that is responsible for achieving the project objectives? program functional project portfolio - CORRECT ANSWER C=project QUESTION NO: 111 Which of the seven basic quality tools is especially useful for gathering attributes data while performing inspections to identify defects? histograms scatter diagrams flowcharts checksheets" - CORRECT ANSWER D=checksheets" "The most commonly used type of precedence relationship in the precedence diagramming method (PDM) is: start-to-start (SS). start-to-finish (SF). finish-to-start (FS). finish-to-finish (FF). - CORRECT ANSWER C=finish-to-start (FS). QUESTION NO: 113 Which technique is used in Perform Quantitative Risk Analysis? sensitivity analysis probability and impact matrix risk data quality assessment risk categorization - CORRECT ANSWER A=sensitivity analysis QUESTION NO: 114 Which illustrates the connection between work that needs to be done and its project team members? work breakdown structure (WBS) network diagrams staffing management plan responsibility assignment matrix (RAM) - CORRECT ANSWER D=responsibility assignment matrix (RAM) QUESTION NO: 115 Which tools or techniques will a project manager use for Develop Project Team? negotiation roles and responsibilities recognition and rewards prizing and promoting - CORRECT ANSWER C=recognition and rewards QUESTION NO: 116 Which of the following is an input to Direct and Manage Project Execution? requested changes approved change requests work performance information implemented defect repair - CORRECT ANSWER B=approved change requests QUESTION NO: 117 When would resource leveling be applied to a schedule model? before constraints have been identified before it has been analyzed by the critical path method after it has been analyzed by the critical path method after critical activities have been removed from the critical path - CORRECT ANSWER D=after critical activities have been removed from the critical path QUESTION NO: 118 "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? utilize the change control process crash the schedule to fix the defect leave the defect in and work around it fast-track the remaining development" - CORRECT ANSWER A=utilize the change control process "QUESTION NO: 119 Which tool and technique identifies inefficient and ineffective policies, processes and procedures? scope audits scope reviews quality audits control chart - CORRECT ANSWER C=quality audits QUESTION NO: 120 Which type of analysis would be used for the Plan Quality process? schedule checklist assumption To which process is work performance information an input? Administer Procurements Direct and Manage Project Work Create WBS Perform Qualitative Risk Analysis - CORRECT ANSWER B=Direct and Manage Project Work QUESTION NO: 130 Which defines the portion of work included in a contract for items being purchased or acquired? procurement management plan evaluation criteria work breakdown structure procurement statement of work - CORRECT ANSWER D=procurement statement of work QUESTION NO: 131 The Human Resource Management processes are: Develop Human Resource Plan, Acquire Project Team, Develop Project Team and Manage Project Team. Acquire Project Team, Manage Project Team, Manage Stakeholder Expectations and Develop Project Team. Acquire Project[...]" - CORRECT ANSWER A=Develop Human Resource Plan, Acquire Project Team, "QUESTION NO: 132 What are the formal and informal policies, procedures and guidelines that could impact how the project's scope is managed? organizational process assets "enterprise environmental factors project management processes project scope management plan s. - CORRECT ANSWER A=organizational process assets QUESTION NO: 133 Organizational planning impacts projects by means of project prioritization based on risk, funding and an organization's: budget plan. resource plan. scope plan. strategic plan. - CORRECT ANSWER D=strategic plan. QUESTION NO: 134 A project management office manages a number of aspects including the: project scope, schedule, cost, and quality of the products of the work packages. central coordination of communication management across projects. assignment of project resources to best meet project objectives. overall risk, overall opportunity and interdependencies among projects at the enterprise level. - CORRECT ANSWER D=overall risk, overall opportunity and interdependencies among projects at the enterprise level. QUESTION NO: 135 An input to the Control Quality process is: activity attributes. quality control measurements. enterprise environmental factors. deliverables. - CORRECT ANSWER D=deliverables. QUESTION NO: 136 The chart below is an example of a: ID Requirements Description Project Objective WBS Deliverables Product Design Product Development Test Cases 001 002 003 responsibility assignment matrix (RAM). work breakdown structure (WBS). RACI chart. requirements traceability matrix. See the book (Razvi, Sample Test 2) - CORRECT ANSWER D=requirements traceability matrix. QUESTION NO: 137 Which Perform Quality Assurance tool or technique is used to identify a problem, discover the underlying causes that lead to it and develop preventative actions? inspection quality audits design of experiments root cause analysis - CORRECT ANSWER D=root cause analysis QUESTION NO: 142 Which type of analysis is used to determine the cause and degree of difference between the baseline and actual performance? schedule network analysis reserve analysis alternative analysis variance analysis - CORRECT ANSWER D=variance analysis QUESTION NO: 143 Which items are an output of the Perform Integrated Change Control process? work performance reports accepted deliverables project management plan updates organizational process assets - CORRECT ANSWER C=project management plan updates " QUESTION NO: 144 Which term describes an assessment of correctness? fixed price incentive fee (FPIF)." "ixed price incentive fee (FPIF). cost plus award fee (CPAF). fixed price with economic price adjustment (FP-EPA). " - CORRECT ANSWER B=fixed price incentive fee (FPIF)." "QUESTION NO: 152 Which enterprise environmental factors may influence Plan Schedule Management? cultural views regarding time schedules and professional and ethical behaviors historical information and change control procedures risk control procedures and the probability and impact matrix resource availability and organizational culture and structure - CORRECT ANSWER D=resource availability and organizational culture and structure QUESTION NO: 153 Which type of dependency used in the Sequence Activities process is sometimes referred to as preferred logic, preferential logic or soft logic? internal external discretionary mandatory - CORRECT ANSWER C=discretionary QUESTION NO: 154 When the business objectives of an organization change, project goals need to be: realigned. performed. improved. controlled. - CORRECT ANSWER A=realigned. QUESTION NO: 155 The approaches, tools and data sources that will be used to perform risk management on a project are determined by the: methodology. risk category. risk attitude. assumption analysis. - CORRECT ANSWER A=methodology. QUESTION NO: 156 An input of the Plan Procurement Management process is: make-or-buy decisions. activity cost estimates. seller proposals. procurement documents. - CORRECT ANSWER B=activity cost estimates. QUESTION NO: 157 Outputs of the Control Communications process include: expert judgment and change requests. work performance information and change requests. project management plan updates and work performance information. issue logs and organizational process assets updates. " - CORRECT ANSWER B= work performance information and change requests. QUESTION NO: 158 A measure of cost performance that is required to be achieved with the remaining resources in order to meet a specified management goal and is expressed as the ratio of the cost needed for finishing the outstanding work to the remaining budget is known as the: budget at completion (BAC). earned value management (EVM). to-complete performance index. cost performance index. - CORRECT ANSWER C= to-complete performance index. QUESTION NO: 159 A collection of projects managed as a group to achieve strategic objectives is referred to as a: plan. process. program. portfolio. - CORRECT ANSWER D=portfolio. QUESTION NO: 160 Which Process Group's purpose is to track, review, and regulate the progress and performance of the project; identify any areas in which changes to the plan are required; and initiate the corresponding changes? Monitoring and Controlling Initiating Planning Executing" - CORRECT ANSWER A= Monitoring and Controlling QUESTION NO: 161 Work performance information and cost forecasts are outputs of which Project Cost Management process? Estimate Costs Plan Cost Management Determine Budget Control Costs - CORRECT ANSWER D=Control Costs QUESTION NO: 162 An output of Control Schedule is: a project schedule network diagram. a schedule management plan. schedule data. schedule forecasts. - CORRECT ANSWER D=schedule forecasts. QUESTION NO: 163 What is the name of the statistical method that helps identify which factors may influence specific variables of a product or process under development or in production? QUESTION NO: 172 Which Develop Schedule tool and technique produces a theoretical early start date and late start date? critical path method variance analysis schedule compression schedule comparison bar chart - CORRECT ANSWER D=schedule comparison bar chart QUESTION NO: 173 Perform Quality Control is accomplished by: identifying quality standards that are relevant to the project and determining how to satisfy them. monitoring and recording the results of executing the quality activities to assess performance and recommend necessary changes. ensuring that the entire project team has been adequately trained in quality assurance processes. applying Monte Carlo, sampling, Pareto analysis, and benchmarking techniques to ensure conformance to quality standards. - CORRECT ANSWER A=identifying quality standards that are relevant to the project and determining how to satisfy them. QUESTION NO: 174 Which type of estimating can produce higher levels of accuracy, depending upon the sophistication and underlying data built into the model? bottom-up three-point parametric analogous - CORRECT ANSWER C=parametric QUESTION NO: 175 Cost baseline is an output of which of the following processes? Control Costs Determine Budget Estimate Costs Estimate Activity Resources - CORRECT ANSWER B=Determine Budget QUESTION NO: 176 Change requests are an output from which Project Integration Management process? Direct and Manage Project Execution Develop Project Management Plan Close Project Develop Project Charter - CORRECT ANSWER A=Direct and Manage Project Execution QUESTION NO: 177 "Which process involves aggregating the estimated costs of the individual schedule activities or work packages? Estimate Costs Estimate Activity Resources Control Costs" Determine budget - CORRECT ANSWER B=Estimate Activity Resources "QUESTION NO: 178 The CPI is .92, and the EV is US$172,500.What is the actual cost of the project? US$158,700 US$172,500 US$187,500 US$245,600 - CORRECT ANSWER C=US$187,500 QUESTION NO: 179 Which type of analysis is used to examine project results through time to determine if performance is improving or deteriorating? control chart earned value variance trend - CORRECT ANSWER D=trend QUESTION NO: 180 Which is one of the major outputs of Sequence Activities? responsibility assignment matrix (RAM) work breakdown structure (WBS) update project schedule network diagram mandatory dependencies list - CORRECT ANSWER C=project schedule network diagram QUESTION NO: 199 The links between the processes in the Process Groups are often: intuitive. iterative. measured. monitored. - CORRECT ANSWER C=measured. The procurement process that documents agreements and related documentation for future reference is known as: Plan Procurements. Control Procurements. Close Procurements. Conduct Procurements. - CORRECT ANSWER B=Control Procurements. "When does Monitor and Control Risks occur? at project initiation inspection and audits estimate budget risk register - CORRECT ANSWER B=inspection and audits QUESTION NO: 190 Those who enter into a contractual agreement to provide services necessary for a project are: buyers. sellers. business partners. product users. " - CORRECT ANSWER B=sellers. "QUESTION NO: 191 When closing a project or phase, part of the process may require the use of which type of analysis? " "reserve analysis regression analysis document analysis product analysis - CORRECT ANSWER B=regression analysis QUESTION NO: 192 Completion of the product scope is measured against the product: prototypes. requirements. analyses. benchmarks. - CORRECT ANSWER B=requirements. QUESTION NO: 193 Which organizational process assets update is performed during the Close Procurements process? procurement audit lessons learned performance reporting payment requests - CORRECT ANSWER B=lessons learned QUESTION NO: 194 The individual or group that provides resources and support for a project and is accountable for success is the: sponsor. customer. business partners. functional managers. - CORRECT ANSWER A=sponsor. QUESTION NO: 195 Sharing good practices introduced or implemented in similar projects in the organization and/or industry is an example of: quality audits. process analysis. statistical sampling. benchmarking. - CORRECT ANSWER A=quality audits. QUESTION NO: 196 Project or phase closure guidelines or requirements, historical information and the lessons learned knowledge base are examples of which input to the Close Project or Phase process? organizational process assets a work breakdown structure the project management plan enterprise environmental factors - CORRECT ANSWER A=organizational process assets " QUESTION NO: 197 Which technique should a project manager use in a situation in which a collaborative approach to conflict management is not possible? coaching avoidance consensus influencing " - CORRECT ANSWER B=avoidance "The procurement process that documents agreements and related documentation for future reference is known as: Plan Procurements. Control Procurements. Close Procurements. Conduct Procurements. - CORRECT ANSWER C=Close Procurements. QUESTION NO: 199 The links between the processes in the Process Groups are often: intuitive. iterative. measured. monitored." - CORRECT ANSWER B=iterative. QUESTION NO: 200 The process of formalizing acceptance of the completed project deliverables is known as: Validate Scope. Close Project or Phase. Control Quality. Verify Scope. " - CORRECT ANSWER A=Validate Scope.