CAPM Exam Practice Questions: Test Your Project Management Knowledge, Exams of Business Economics

A series of practice questions related to the capm (certified associate in project management) exam. It covers various topics including project planning, cost management, risk assessment, communication methods, and procurement processes. Each question is accompanied by a reference to the pmbok (project management body of knowledge) guide, aiding in targeted study and review. The questions test understanding of key concepts such as analogous estimating, sunk costs, milestone characteristics, depreciation calculations, quality standards, and the project management life cycle. It serves as a valuable resource for students and professionals preparing for the capm certification, offering practical insights into project management principles and practices. The document also touches on motivation theories and resource allocation strategies, providing a comprehensive overview of essential project management knowledge.

Typology: Exams

2024/2025

Available from 05/19/2025

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CAPM Practice Test 150 Questions
A. Assumptions
CM 4.7.2 PMBOK 5.3.3.1 correct answer Project planning is ongoing as the team analyzes how
long it will take to process both a new order and a change order through the new call center.
This analysis helps them determine how many employees must be working in the car center
based on anticipated customer volume. This is an example of what?
A. Determine budget CM 7.13; PMBOK 7.3 correct answer The project manager and her team
are involved in establishing the cost of the project and applying them to the schedule in order
to determine when these cost will occur. During the project during which process does this
occur?
D. initiating, planning, executing, monitoring and controlling, closing (IPEM&CC) CM 3.3.1;
PMBOK 1.5.1 correct answer During project performance, the team will focus on the Project
Life Cycle and the project management life cycle. What are the five phases of a project
management life cycle (PMLC)?
A. Risk Seeker CM 11.2.7; PMBOK 11 INTRO correct answer The project manager is considering
quitting his job to develop a book and supporting products for the project management
professional exam, and idea he created outside his job. If it sells well, he plans to start his own
company and sell the products full-time. What characteristics is he showing towards risk?
D. all of the above (Interactive, Push, Pull) CM 10.3.5; PMBOK 10.1.2.4 correct answer Which of
the following communication methods should be applied to managing project engagement?
B. Analogous estimating CM 6.4.2; PMBOK 7.2.2.2 correct answer The planning is progressing
on schedule for the hotel renovation project. The project manager and the team are ready to
begin estimating cost. Since the customer needs an estimate as soon as possible, what
estimating methods should the team use?
C. Sunk Cost CM 7.5; PMBOK NO REF correct answer You are a project manager assigned to a
project that has spent $4,000,000. The original budget was $1,500,000. Senior Management is
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CAPM Practice Test 150 Questions

A. Assumptions CM 4.7.2 PMBOK 5.3.3.1 correct answer Project planning is ongoing as the team analyzes how long it will take to process both a new order and a change order through the new call center. This analysis helps them determine how many employees must be working in the car center based on anticipated customer volume. This is an example of what? A. Determine budget CM 7.13; PMBOK 7.3 correct answer The project manager and her team are involved in establishing the cost of the project and applying them to the schedule in order to determine when these cost will occur. During the project during which process does this occur? D. initiating, planning, executing, monitoring and controlling, closing (IPEM&CC) CM 3.3.1; PMBOK 1.5.1 correct answer During project performance, the team will focus on the Project Life Cycle and the project management life cycle. What are the five phases of a project management life cycle (PMLC)? A. Risk Seeker CM 11.2.7; PMBOK 11 INTRO correct answer The project manager is considering quitting his job to develop a book and supporting products for the project management professional exam, and idea he created outside his job. If it sells well, he plans to start his own company and sell the products full-time. What characteristics is he showing towards risk? D. all of the above (Interactive, Push, Pull) CM 10.3.5; PMBOK 10.1.2.4 correct answer Which of the following communication methods should be applied to managing project engagement? B. Analogous estimating CM 6.4.2; PMBOK 7.2.2.2 correct answer The planning is progressing on schedule for the hotel renovation project. The project manager and the team are ready to begin estimating cost. Since the customer needs an estimate as soon as possible, what estimating methods should the team use? C. Sunk Cost CM 7.5; PMBOK NO REF correct answer You are a project manager assigned to a project that has spent $4,000,000. The original budget was $1,500,000. Senior Management is

considering stopping this project. What term describes the $1,500,000 that has been spent so far? D. All of the above (A duration of zero, the competition of a major event in the project, the completion of major deliverables) CM 6.2/6.6.15 PMBOK 6.6.3.2 correct answer The project manager is having a team meeting and explaining to the team the upcoming Milestones that are due. What are the characteristics of a milestone? B. $10,000.00 CM 7.6.1; Calculating Standard Depreciation use begining value of asset subtracted by ending value then divide by the # of years. correct answer A new tape backup server has just been purchased for backing up the company's development and release software. The tape backup server cost $50,000 and it's necessary to upgrade the local area network with an ethernet switch, which has a cost of $10,000. The project manager is told that she needs to set up a depreciation schedule for the tape backup server over a five-year period with a value of $0 at the end of this period. She will use standard depreciation in the calculation. What is the amount per year the server will depreciate? A. 95.46% CM 8.8.10; PMBOK chap 8 (95.46% = 2 sigma, 68.26% = 1 sigma, 99.73% = 3 sigma) correct answer You are doing quality planning on a project the project Charter designates that the quality standard for the project is +/- 2 Sigma. This translates to what percentage? A. Lessons Learned CM 4.11.3; PMBOK GLOSSARY correct answer The team has just completed the process of evaluating the success of data-cleansing project. The team members analyze how the approach to planning and executing the project work. They documented how the sponsor and Senior Management supported the project? As well as the conflicts that were generated by three functional managers. What have they just completed? D. Slack CM 6.6.4; PMBOK 6.6.2.2 correct answer Flexability with an activity on a network diagram is also known as what? B. Control SCOPE CM 5.6; PMBOK 5.6 correct answer The project manager is working with the customer to gain formal acceptance of the documentation deliverables for a software project. The customer is saying that the delieverables are unusable in their present form because they don't align with the project requirements. Upon reviewing documentation, the customer tells

D. Activity - on - node (AON) CM 6.3.3; PMBOK 6.3.2.1 correct answer The project manager is creating a network diagram to show the sequencing on the project. He is using a method that includes dummies. All of the following Network diagram techniques display this dependency except... D. Shows who is to perform work in certain areas of the project CM 9.1.3; PMBOK 9.1.2. correct answer The project manager for the hotel development project is utilizing a Responsibility Assignment Matrix (RAM) to help make project execution go easier. What is the purpose of the RAM? B. The project manager plans to buy from the vendor CM 12.1.6 correct answer The project manager has been negotiating an integrated circuit vendor for the last six months and has sent the vendor a statement of work. The vendor has responded with a fixed-fee pricing proposal. The project manager responded with a letter of intent. Why did the project manager send the letter? A. project manager CM 3.3.8; PMBOK 2.3 correct answer The project is in a projectized environment. There are significant changes with the meeting the tight schedule of the project and personnel leaving the company. Project Personnel have been complaining to Senior Management about the environment hoping for a resolution. In this type of environment, who controls the resources?