CAPM Practice Exam 89 Questions with Verified Answers, Exams of Business Economics

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CAPM PRACTICE Exam 89 QUESTIONS with Verified

Answers

For which of the following project management knowledge areas, accountability cannot be delegated by the project manager to someone else? A. Integration Management B. Schedule Management C. Cost Management D. Scope Management - CORRECT ANSWER A. Integration Management What can be tailored as part of project integration? A The appraisal process of the organization to suit the project team members B The project and development lifecycles C The finance process of the organization to suit the project D The quality policies of the company to suit the project - CORRECT ANSWER B. The project and development lifecycles Which is the formal document that authorizes the project team to execute project activities and provides the project manager the ability to apply organizational resources to project activities? A Project document B Project plan C Project Charter D None of the above - CORRECT ANSWER C. Project Charter Which of the below documents justifies the investment for a project? A The benefits management plan B The project budget C The cost management plan D The business case - CORRECT ANSWER D. The Business Case

Which of the below technique is conversational in a group setting, therefore may not lead to agreements or buy-ins, though subject matter experts may be involved? A Focus groups B Interviews C Facilitation D Meetings - CORRECT ANSWER A. Focus Groups Preparing meeting agenda, invitations, minutes and follow-up actions are known as: A Meeting B Meeting management C Facilitation D Interviews - CORRECT ANSWER B. Meeting Management For the project team to understand and execute the various activities in a project, which of the following is required? A The project management plan B The lessons learned register C The assumption log D The work performance information - CORRECT ANSWER A. The Project Management Plan In which process is the assumption log first created?

A

Develop project management plan B Direct and manage project work C Develop project charter D Monitor and control project work - CORRECT ANSWER C Develop Project Charter What is the purpose of a checklist tool? Select the best answer. A To check whether the project is on schedule or not B To check whether the project plan is complete or not C To monitor and control a project D To verify something such as information or steps in a process. - CORRECT ANSWER D to verify something such as information or steps in a process When does a kick-off meeting usually occur? A When the project is being initiated B At the end of planning and before execution C When the project has to be announced to the project team D When the project monitoring is about to begin - CORRECT ANSWER B At the end of planning and before execution What are the three key baselines in a project? A Scope, quality and cost baselines B Scope, schedule and cost baselines C

Quality, schedule and cost baselines D Scope, schedule and quality baselines - CORRECT ANSWER B Scope, Schedule, and Cost In which process are deliverables created? A Direct and manage project work B Execute project work C Close project or phase D Monitor and control project work - CORRECT ANSWER A. Direct and Manage Project Work In which process are approved change requests implemented? A Perform integrated change control B Implement Changes C Direct and manage project work D Monitor and control project work - CORRECT ANSWER C. Direct and Manage Project Work Raw observations and measurements gathered during project work execution are known as: A Work performance reports B Work performance data C Work performance information D

Work performance measurements - CORRECT ANSWER B. Work Performance Data In which process is the issue log first created? A Direct and manage project work B Monitor and control project work C Develop project charter D Manage project knowledge - CORRECT ANSWER A. DIrect and Manage Project A change is raised for a preventive action. What this will help achieve? A To fix an ongoing issue B To ensure that number of changes in the project are reduced in future C To prevent changes in the project in future D To prevent a future problem - CORRECT ANSWER D. To prevent a future problem What are the two types of knowledge? A Implicit and explicit B Implicit and tacit C Explicit and tacit D Explicit and documented - CORRECT ANSWER C Explicit and Tactic Which of the following is an example of information management tool? A Lessons learned register B

Story telling C Training D Job shadowing - CORRECT ANSWER A. Lessons Learned Register hich of the following is an example of knowledge management tool? A Library services B Networking C Project management information system D Web search based published articles - CORRECT ANSWER B. Networking What is a key factor for facilitating knowledge management in a project? A A good manager B Trust among the project team members C Funding by the sponsor D Proper infrastructure - CORRECT ANSWER B Trust among the project team Which technique can help to reduce misunderstanding during communications? A Facilitation B Networking C Leadership D Active listening - CORRECT ANSWER D Active Listening In which process is the lessons learned register first created?

A

Manage project knowledge B Monitor and control project work C Develop project charter D Develop project management plan - CORRECT ANSWER A Manage Project Knowledge Work performance information is an input to which one of the below processes? A Direct and manage project work B Develop project management plan C Monitor and control project work D Close project or phase - CORRECT ANSWER C Monitor and Control Project Work What is the difference between trend analysis and variance analysis? A Trend analysis and variance analysis are techniques to monitor and control project work B Trend analysis focus on past performance pattern whereas variance analysis focuses on the difference in planned and actual performance C Trend analysis does not help in forecasting whereas variance analysis does D Trend analysis helps in forecasting whereas variance analysis does not - CORRECT ANSWER B Trend analysis focus on past performance pattern whereas variance analysis focuses on the difference in planned and actual performance Root cause analysis is useful mainly for which of the following? A To monitor and control the project

B

To plan the project C To initiate the project D To execute the project - CORRECT ANSWER A to monitor and control the project When more than 50% votes are obtained to agree for a solution, which type of vote is this? A Plurality B Unanimous C Majority D Autocratic decision making - CORRECT ANSWER C Majority Which of these is an output of Monitor and Control Project Work? A The assumption log, created for the first time B The issue log, created for the first time C The change log, created for the first time D Work performance report - CORRECT ANSWER D Work performance report A change has been raised by a project stakeholder. In which process will this be reviewed and approved? A Perform integrated change control B Monitor and control project work C Direct and manage project work D

Manage project knowledge - CORRECT ANSWER A Perform Integrated change control What is the group called which reviews and approves project changes? A Change management group B Change control board C Change review group D Change approval group - CORRECT ANSWER B Change control Board The three key activities in configuration management are: A Recording, tabulating and reporting configuration items B Identifying, verifying and auditing configuration items C Reporting, verifying and communicating about configuration items D Identifying, reporting and verifying configuration items - CORRECT ANSWER D Identifying, reporting and verifying configuration items In which process is project or phase information archived? A Develop project management plan B Monitor and control project work C Close project or phase D Manage project knowledge - CORRECT ANSWER C Close project or phase Which of the below is not performed during project or phase closure? A Define the project deliverables

B

Activities which satisfy completion or exit criteria of the project or phase C Activities which complete contractual agreements of the project or phase D Activities like collecting project or phase records - CORRECT ANSWER A Define the project deliverables Which of the following is not performed during phase or project closure? A Transfer the developed products to operations B Collect suggestions to improve organizational policies C Measure stakeholder satisfaction D Create a new contract for the next phase or project - CORRECT ANSWER D create a new contract for the next phase or project Which is an input of Close Project or Phase? A Deliverables B Accepted Deliverables C Verified Deliverables D Final product transition - CORRECT ANSWER B Accepted Deliverbles nalysis of interrelationships between project variables which contribute to an outcome is which type of technique? A Root cause analysis B Variance analysis C Regression analysis

D

Document analysis - CORRECT ANSWER C Regression Analysis In which process is the Final Report (of the project) created? A Close project or phase B Monitor and control project work C Develop project management plan D Direct and Manage Project Work - CORRECT ANSWER A Close Project or phase Which of the following is not performed in integration management? A Providing a project management plan B Creation and use of project knowledge C Managing project performance and project changes D Investigating whether the project is worthwhile for its investment - CORRECT ANSWER D Investigating whether the project is worthwhile for its investment One of the following is not performed in project integration management. Which one is it? A Monitoring project progress and taking actions to meet project objectives B Collecting and anayzing project data and communicating this information to stakeholders C Completing project work and formally closing a phase or the project D Ensuring the products delivered by the product are running well in day to day operations in the long run - CORRECT ANSWER D Ensuring the products delivered by the product are running well in day to day operations in the long run

What is the purpose of project scope management? A Defining and controlling what is and is not included in the project B To create the work breakdown structure C To define project scope D To control project scope - CORRECT ANSWER A Defining and controlling what is and is not included in the project In which type of project lifecycle are deliverables are defined and developed over multiple iterations? A Predictive lifecycle B Waterfall development C Adaptive or agile lifecycle D None of these - CORRECT ANSWER C Adaptive or agile lifecycle In which type of project lifecycle the term backlog is used to reflect the project scope? A Predictive lifecycle B Adaptive or agile lifecycle C Iterative lifecycle D Incremental lifecycle - CORRECT ANSWER B Adaptive or Agile lifecycle Which of these is project scope and not product scope? A Product features

B

The work performed to deliver a product C Product functions D Product characteristics - CORRECT ANSWER B The work performed to deliver the product What is the responsibility of a business analyst if assigned to a project? A Perform requirements related activities B Ensure requirements work is factored in the project plan C Ensure requirements work is performed on time D Ensure requirements work is within budget and delivers value - CORRECT ANSWER A Perform requirements related activities Which of the below may be tailored in project scope management? A Risk management processes B Quality management processes C Requirements management D Procurement management - CORRECT ANSWER C Requirements Management What can help bridge the gap between real business needs and business needs which were originally stated in a project? A Using a predictive lifecycle approach B Agree on scope early in the project C Spend less time in ongoing scope discovery and refinement

D

Prototypes and product releases - CORRECT ANSWER D Prototypes and product releases Which of the following will be described in the scope management plan? A Process for preparing the project scope statement and work breakdown structure B Process for the formal acceptance of deliverables C Process for approval and maintenance of scope baselines D All of the above - CORRECT ANSWER All of these Which of the following will be described in the requirements management plan? A How requirements activities will be planned, tracked and reported, and how requirements will be prioritized B Structure of the requirements traceability matrix C What product metrics will be used D All of the above - CORRECT ANSWER D All of the above Which process forms the basis for defining product and project scope? A Define scope B Collect requirements C Plan scope management D Validate scope - CORRECT ANSWER B Collect Requirements What is the main characteristic of benchmarking? A

Compare with a best practice and establish that as a basis for performance improvement B Marking several product metrics in decreasing order of priority C Provide best practice information to those who are interested D Mark the milestones in the project which have been completed - CORRECT ANSWER A Compare with a best practice and establish that as a basis for performance improvement In what way an affinity diagram can be used? A To generate new ideas B To group ideas for further review and analysis C To convert ideas into diagrams D To find issues in ideas - CORRECT ANSWER B to group ideas further A diagram is created showing various ideas from brainstorming showing commonality and differences between ideas. It is usually colorful, showing branches originating from the centre which also have sub-branches, which represent threads and sub-threads of ideas. What is this diagram known as? A Affinity diagrams B Context diagram C Prototype D Mindmap - CORRECT ANSWER D Mindmap When a brainstorming is performed followed by voting, what is the latter called? A

Nominal group technique B Voting C Decision making D Autocratic decision making - CORRECT ANSWER A Nomial group technique What is another term for observation, when collecting requirements? A Facilitation B Questionnaire C Job shadowing D Survey - CORRECT ANSWER Job Shadowing Which facilitation technique is used in the manufacturing industry to determine critical characteristics for new product development? A Joint application development (JAD) B Quality function deployment (QFD) C Voice of customer (VOC) D User stories - CORRECT ANSWER B Quality function deployment (QFD) What are the three components of a user story description? A The work package of the user story, the work related to the user story and who has requested it B The requirements, the deliverable and the work to be done C The owner of the user story, the secondary owner and the description of the story

D

Who will benefit (the role), what will be accomplished (the goal) and what will be its benefit (motivation) - CORRECT ANSWER D Who will benefit (the role), what will be accomplished (the goal) and what will be its benefit (motivation) A visual diagram depicts product scope in the form of a business system interacting with people and other systems. Such a diagram is used for collecting project requirements. What is this known as? A A context diagram B Affinity diagram C Mindmap D Prototype - CORRECT ANSWER A A Context Diagram Which of the below is an example of a prototype? A The final product of a project B Storyboarding with mock-ups showing navigation in web pages or screens C The product based on the most important requirements of a project D A product demo which is better than a competitive product - CORRECT ANSWER B Storyboarding with mock-ups showing navigation in web pages or screens In the Collect Requirements process, there is another important output apart from the Requirements Documentation. What is it? A Scope baseline B Project scope statement C Requirements traceability matrix

D

Work packages - CORRECT ANSWER C Requirements traceability matrix What is the purpose of the requirements traceability matrix? A It links requirements from where they originated to their respective final deliverables B It ensures that each requirement adds business value by linking it to project and business objectives C It helps to track requirements and to ensure that the approved requirements are delivered D All of the above - CORRECT ANSWER D All of the above Which process describes the product boundaries and acceptance criteria? A Define scope B Collect requirements C Plan scope management D Create WBS - CORRECT ANSWER A Define Scope In which type of project lifecycle will a high level vision be developed for the project and detailed scope is determined one iteration at a time? A Predictive lifecycle B Iterative lifecycle C Customer preferred lifecycle D Product development lifecycle - CORRECT ANSWER Iterative lifecycle

Which of the below is a key technique in the Define Scope process? A Collect requirements B Brainstorming C Product analysis D Meetings - CORRECT ANSWER C Product Analysis What does the project scope statement include? A Product scope description and deliverables B Acceptance criteria and exclusions C The product requirements documentation and the requirements traceability matrix D A & B - CORRECT ANSWER A and B Which process comes next after Define Scope in project scope management? A Create WBS (work breakdown structure) B Collect requirements C Plan scope management D Validate scope - CORRECT ANSWER A Create WBS Up to what level are the deliverables in the WBS (work breakdown structure) broken down into? Select the best answer. A To the maximum possible breakdown B To a work package level

C

To a level where the work can be estimated, scheduled or assigned, monitored and controlled; this is the work package level D B & C - CORRECT ANSWER B and C Which technique will you use when creating the WBS (work breakdown structure)? A Decision making B Conflict management C Decomposition D Facilitation - CORRECT ANSWER Decomposition What is the main output of the Create WBS process? A Scope baseline B The WBS C The final agreed requirements of the project D The acceptance criteria of the project - CORRECT ANSWER Scope Baseline Which of the below is the best description of a planning package? A A package which has to be planned B A component below the control account for which the work is known but not defined into work packages and/or activities C A work package which has been assigned to the technical team as part of the project plan D

A work package which has to be executed in the future for which the details of it are also clear - CORRECT ANSWER B A component below the control account for which the work is known but not defined into work packages and/or activities Which of the below information cannot be part of the WBS dictionary for a work package? A The identifier for the work package B The estimated cost of the work package C The program management work requirement for the work package D The quality requirements of the work package - CORRECT ANSWER C The program management work requirement for the work package What is a code of accounts identifier for a work package? A The WBS identifier B The unique identifier assigned to a work package C The control account identifier D The department code of the group executing the work package - CORRECT ANSWER B The unique identifier assigned to a work package What is a control account? A An account code used for project control B The identifier for the overall WBS C A set of logically related work packages grouped together for the convenience of tracking by the project manager

D

The identifier of a work package - CORRECT ANSWER C A set of logically related work packages grouped together for the convenience of tracking by the project manager What sort of activity is performed in the Validate Scope process? A Checking whether the project scope has been correctly defined as per stakeholder needs B Verifying whether the project can be closed C Checking whether each deliverables has been correctly specified in the WBS (work breakdown structure) D Formal acceptance of the completed deliverables of the project - CORRECT ANSWER Formal acceptance of the completed deliverables of the project Which of the below is an output of the Validate Scope process? A Accepted deliverables B Verified deliverables C Deliverables D Scope baseline - CORRECT ANSWER Accepted deliverables Which process below will have work performance data as an input and work performance information as an output? A Create WBS (work breakdown structure) B Validate scope C Plan scope management D

Control scope - CORRECT ANSWER Control Scope Which of the following relates to the meaning of accuracy? A The more the digits after the decimal point, the more accurate the data B Most people agree to that value of data C The data specified is closer to the truth, even if mentioned as a range D When a second reading for the same data gives the same value as before - CORRECT ANSWER The data specified is closer to the truth, even if mentioned as a range What input is primarily required to define activities? (or what are the inputs of the Define Activities process) A The project charter B The activity list C The scope baseline D The planning packages - CORRECT ANSWER C Scope Baseline When is rolling wave planning used? A When activities in work packages have to be rolled up to the control account level B When work packages in the WBS have to be rolled up to the deliverables level C When deliverables have to be integrated or rolled up to a product level D When planning future work items at high level and near term work items in detail

• CORRECT ANSWER When planning future work items at high level and near term work items in detail

Which of the below is an example of an activity attribute? A The predecessor of the activity B The penalty for performing the activity C The customer who will receive the output of the activity D Whether the activity is mentioned as a critical activity in the project charter or not

• CORRECT ANSWER The predecessor of the activity What is the duration of a milestone in a milestone list? A The sum of duration of the activities which were completed in order to reach the milestone B Zero C One unit is considered as duration of all milestones in a project for consistency purposes D A value which depends on the complexity of the milestone - CORRECT ANSWER B Zero Which of the following is not a known type of dependency in activity sequencing? A Internal and external B Mandatory or hard logic C Discretionary or soft logic or preferential D Leading and lagging dependencies - CORRECT ANSWER Leading and lagging dependencies Which one of the following logical relationships is most commonly used in the precedence diagramming method?

A

SF

B

FS

C

SS

D

FF - CORRECT ANSWER FS

What is the output of the Sequence Activities process? A Project schedule B Dependency diagram C Project schedule network diagram D Logical relationships - CORRECT ANSWER Project schedule network diagram What happens when the resources required to perform an activity are gradually increased? A The work will be done in lesser time until almost no time is required to do it B The resources will get confused about what to C The resources may get exhausted D A point will be reached when adding more resources will yield gradually lower output - CORRECT ANSWER A point will be reached when adding more resources will yield gradually lower output Which of the below information will be available in a resource calendar? A The risk related to the resources B When and how long the identified resources will be available during the project