CAPM Practice Test Hard 77 Questions with Verified Answers,100% CORRECT, Exams of Business Economics

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CAPM Practice Test One 50 Questions with Verified Answers

There are three tools and techniques for the direct and manage project work process. One tool and technique will be meetings. What are the other two tools and techniques for directing and managing the project work? - CORRECT ANSWER Expert judgment and the project management information system John is the project manager of the YOM Project for his organization and he's working with the project team record all of the requirements needed to satisfy the project scope. Management has asked John and the team to create a table that will show each requirement and its status as it moves through the project timeline. What type of chart is management asking John to provide? - CORRECT ANSWER Requirements traceability matrix You are a project manager for the JHKL Organization, and you are leading an adaptive project. In an adaptive project, who has control of the detailed planning of the product? - CORRECT ANSWER Project team What does the develop project management plan process create? - CORRECT ANSWER The project management plan Wendy is a project manager in her organization and she's working with the project team to define the work activities over the next month. Items beyond this month, Wendy reports, will be defined in more detail later in the project. What type of planning is Wendy using in this scenario? - CORRECT ANSWER Rolling wave planning A risk has been identified in your project that will likely cause the project to fail. You meet with the project sponsor to discuss the risk and its high probability of occurring. Which one of the following is a risk response that could address this high-probability and high-impact risk event? - CORRECT ANSWER Avoidance Management has asked you, the project manager, to create a chart for all the defects in your project. They would like the chart to show the largest quantity of defects by category to the smallest category of defects in your project. This chart

will help you attack the largest defects through rounds of improvement in the project work. What type of chart is management asking you to create? - CORRECT ANSWER Pareto Chart You are the project manager of the GGG Project for your organization and are leading a recently chartered project that will affect much of the organization. You're about to meet with the project team and several key stakeholders to complete stakeholder identification. Because of the size of the project you want the meeting participants to come prepared with a list of stakeholders prior to stakeholder identification meeting. What's the best approach to this scenario? - CORRECT ANSWER Have the participants complete brainwriting before the stakeholder identification meeting Jan is the project manager of the HZA Project for your company and you're helping Jan identify the project stakeholders and classify them for engagement. You recommend Jan define the stakeholders' direction of influence as a possible approach to categorizing the stakeholders in this large project. When using this approach, which one of the following is not a direction of influence to include? - CORRECT ANSWER Inward Jonathan is a project manager for the JG Corporation and he's leading a project team in a strong matrix environment. Jonathan knows that the project team is pressed for time, but quality is paramount in his project. Jonathan offers the team a four-day weekend if the team can complete the next project milestone on time. The offer will mean the team will need to work on a Saturday, but the team is excited to reach the project milestone and have a few days off. What human resource theory is Jonathan demonstrating in this scenario? - CORRECT ANSWER Vroom's Expectancy Theory You are the project manager for your organization. You are leading a project that will utilize resources from the IT department. Nancy, the Director of IT, is not allowing her resources to be utilized on your project and this is causing a major disruption to get things moving forward. What is the most likely cause of the problem? - CORRECT ANSWER You do not have a project charter You are a project manager for the BBB Project, and you're working with Allen, a business analyst, to determine the problems and identify the business needs for

the BBB Project. The project scope has been created, but there are some recent requests for additions to the project scope. The request for changes need to be tested and reviewed before being implemented. In this scenario, who is responsible for the requirement-related activities of the project scope considering the project has just started? - CORRECT ANSWER Allen, the business analyst There are five levels of quality management that any project manager should recognize. Of the five levels, which one is the most expensive? - CORRECT ANSWER Let the customer find the defects There are seven outputs of the direct and manage project work process. Which one of the following is not an output of this process? - CORRECT ANSWER Final product, service, or result transition Jon is the project manager of the JKJ Project for his organization and he's meeting with a large group of stakeholders next week to identify the project risks. Jon knows that some of the risks identified in this meeting are important for the project, but may be sensitive to some of the managers and stakeholders involved. He wants to avoid some of the stakeholders not identifying risks because of politics or fear or backlash. What should Jon do next? - CORRECT ANSWER Implement the Delphi Technique for the participants You are the project manager for your organization and your project is to remodel a condo for a client. The client has selected all the items to be included with the remodeling and you and the team are working on implementing the plan. As the project nears the end of the timeline, the customer requests that you change out some of the fixtures for some new fixtures she has found in Paris. You really don't want to do this as you're almost done with all the project, but the customer is willing to pay for the cost of the installation. What should you do next? - CORRECT ANSWER Submit a change request Sam is a project manager in his organization, and he is working with the project sponsor to develop the project charter. This new project will implement a new email program that will allow end users to access their email on their phones and their laptops. The project charter's primary goal in this scenario is to do what? - CORRECT ANSWER Authorize the project to exist

You are the project manager of the NKL Project for your organization and you're working with the project team on some quality control issues. You suspect that the maintenance on a piece of equipment is affecting the accuracy of the items the equipment creates. You'd like to track the possible correlation between the maintenance and the number of defects on the piece of equipment. Which chart would best show this possible relationship? - CORRECT ANSWER Scatter diagram A project has just launched in your organization. The project manager has been working with the project team to define the activity list and the attributes of each activity in the activity list. These activity attributes are likely to include all of the following except for which one? - CORRECT ANSWER Predecessor activities Ben is the project manager of BBB Project for his organization and he's working with the project team to identify the stakeholders' interests, concerns, threats, and perceptions of threats. Where should Ben document the project team's findings in this exercise? - CORRECT ANSWER Stakeholder register You are a project manager for the BNB Consulting Group. You are working with the project team to create a project management plan for a software development project for a new client. The client has defined all of the requirements for the project and has also provided a statement of work that defines exactly what's expected of your organization. Your project team is planning all the work, and only the required work, to satisfy the project objectives for this new software. What project management approach are you utilizing in this scenario? - CORRECT ANSWER Predictive project management lifecycle You are the project manager of the IHI Project for your organization. You are considering outsourcing a portion of the project to a vendor. You are interested in the price of the vendor completing the writing of the technical manual for the software your project team is creating. What documents should you send to vendors? - CORRECT ANSWER IFB and SOW Jeffrey is the project manager of the OPO Project for his organization and a portion of his project will be contracted with a vendor. Kelly, the project sponsor of the OPO Project, tells Jeffrey to utilize a screening system for the vendors to help sort out unqualified vendors. Which one of the following is the best example

of a screening system? - CORRECT ANSWER Vendors must be licensed and bonded in the US state where the work will take place. Terry is a functional manager in your organization and a stakeholder on your project. Your project is operating in a strong matrix and you have 16 people on your project team. Your team reports that Terry is not happy about the project and is challenging their work and decisions made for the requirements which have been approved by the project sponsor. Terry is challenging the project and doesn't want it to move forward as it may disrupt her line of business. What type of stakeholder is Terry? - CORRECT ANSWER Negative You are the project manager of the GHY Project and you are examining a control chart for your project's production. In the control chart, there are seven consecutive measurements all on the lower side of the mean. Your project sponsor is concerned about these seven measurements. Why? - CORRECT ANSWER These seven measurements show a trend. Ned is presenting a proposal to senior management at his organization. Management is asking Ned questions about the costs, feasibility, the likelihood of success, and other in-depth items before making a Go/No-Go Decision about chartering this proposed project. What type of meeting is Ned participating in? - CORRECT ANSWER Murder board As a project manager, you need to recognize several human resource theories for your PMI exam. One theory is Maslow's Hierarchy of Needs. In this theory, there are five needs that we all have. Which one of the following items is not one of the Maslow needs? - CORRECT ANSWER Affiliation A solution that your team is creating will cost $568,000 and will cost $25,000 a month to support. A vendor reports that they can offer you the same solution for no out-of-pocket costs and .08 per transaction. You know that there will be approximately 450,000 transactions per month. What should you do? - CORRECT ANSWER Hire the vendor if you'll keep the solution less than four years. You are the project manager of the GHB Project for your organization. This project is an agile project and is expected to last for 14 months. Your project team has created a project charter that identifies their team rules, values, communication

guidelines and other agreements that all project team members agree to. Lisa, one of the project team members, has been late on her assignments, has skipped some status meetings, and hasn't been communicating effectively with the project team and stakeholders. In this instance, who should speak to Lisa about her behavior on the project team? - CORRECT ANSWER Project team Quincy is the project manager of the GHY Project and he's working with the project team to build out the project cost estimates. One of the first resources Quincy recommends using is the project charter. The team doesn't understand why the charter is needed at this point of the project since they are now clearly in planning activities. Why would Quincy need the project charter at this point? - CORRECT ANSWER The charter defines a summary budget for the project costs. Of the following, which is/are an output of the develop project charter? -Project charter and assumption log -Project charter, initial cost estimates, and milestone list -Project charter, initial cost estimates, initial constraints, and milestone list -Only the project charter - CORRECT ANSWER Project charter and assumption log Ned is a project manager for his organization and he's working with the project team to create a schedule for the project work. Ned learns that some of the project team members have vacations scheduled that will affect the project schedule. Where should Ned record information about the project team members' vacations? - CORRECT ANSWER Resource calendar Nancy is a project manager for her organization and she's leading a recently launched project. Her project team has 12 people, some of which have worked together before and others have not. The team has created the project scope statement and the WBS and they are now working to develop the project schedule based on the activity list with the project manager. Some of the project team members are in a conflict about the sequencing of the activities, who'll do what on the project, and how the work should be done. Based on this information, which one of the following terms best describes this scenario? -Performing -Norming -Forming -Storming - CORRECT ANSWER Storming

The develop project management plan process has four inputs. Which one of the following is not an input to this process? -Cost estimates -The project charter -Enterprise environmental factors -Outputs from other processes - CORRECT ANSWER Cost estimates Management has asked you, the project manager of the JHK Project, to create a project website dashboard that will allow stakeholders to query the project status, check milestones, and other project information at any time. You task Gene, a project team member, with creating this website. What type of communication are you creating for stakeholders? - CORRECT ANSWER Pull You are the project manager for a construction project in your organization. Your project team has identified a project risk that is too dangerous for the project team members to take on, so you elect to use the transference risk response. Mary, a project team member, then identifies that the vendor managing the risk could cause delays in the project even though the contract may have repercussions for missed deadlines. This new risk, albeit small in probability and impact, is documented in the risk register. What type of risk is the possibility of a missed deadline by the vendor? - CORRECT ANSWER Residual You are the project manager for the HJL Project for your organization and you're discussing the quality requirements with your project team. The team insists that they need high-quality materials for the installation piece of the project. What is the team more likely to need than high-quality materials? - CORRECT ANSWER High-grade materials Holly is a project manager in her organization and she is leading a project in an adaptive project life cycle. She and the project team are working with Grace, the product owner for the project, throughout the project to identify, prioritize, and delivery the requirements of the project. In this approach, what two project management processes must be repeated in each iteration for Grace? - CORRECT ANSWER Validate scope and control scope

You are the project manager for your organization which is a weak matrix. The project sponsor, a functional manager, wants you to create a strategy to define the stakeholders' current level of engagement and how you may maintain or improve their engagement level. What document is the project sponsor actually looking for in this environment? - CORRECT ANSWER Stakeholder engagement plan Anna has sent a SOW to 23 vendors for a portion of a construction project. The SOW describes the work in the project, but she has also invited the 23 vendors to a meeting to discuss the SOW and to answer any questions about the project work before the vendors will submit their proposals. What is the name of the meeting that vendors will participate in? - CORRECT ANSWER Bidders' conference You are a project manager for the IT Department in your organization and you're working with the project team to define all the constraints and assumptions in your new project. You know that you should record all assumptions in an assumption log. What project management process creates the assumption log document? - CORRECT ANSWER Develop project charter Monica is a project manager for a construction project. In this project, she needs to purchase 1,345 doors and she knows the cost of each door, including the cost of labor, is $476. If she uses that amount in a parametric estimate what is the likely cost of the door installation for the project? - CORRECT ANSWER $640, (A parametric estimate uses the parameters of the cost of each door times the total number of doors. In this example, it's 1,345 door times the cost of $476 per door, for a total of $640,220). You need to purchase materials from a vendor, but you prefer a particular vendor you've worked with in the past. This vendor is slightly more than its competitors, but they always deliver on time, are easy to work with, and offer excellent support. Your desire to work with this one vendor is best described as what type of market condition? - CORRECT ANSWER Single Source You are a project manager for the POA Project for your organization. You are reviewing the WBS with the project team to define the project activities. What component of the WBS should you be focusing on when creating the activities list with the project team? - CORRECT ANSWER Work packages

Benji is the project manager of the BBB Project for his organization. The planned value for the project work at this point is $450,000, but his actual costs for the project is ten percent more than what was planned. The project's earned value is $417,000. Management is considering canceling this project due to performance. Based on this information, what is the sunk cost of the project? - CORRECT ANSWER $495, (Sunk costs describe the total amount of funds invested into the project. In this example, the actual costs are the sunk costs. the project's planned value is $450,000 and the actual costs are ten percent more than that value, or $495,000) Gary is a project team member and he's gathered requirements for your project. Currently, Gary is following a stakeholder and observing the work the stakeholder does to get a clear understanding of the needs and to better define the problems that your project aims to solve. Gary is observing the stakeholder and is not interrupting the work. What type of requirements gathering is Gary doing in this scenario? - CORRECT ANSWER Passive observation You are a project manager for the BGF Organization and the project sponsor has approved the scope baseline for your project. A customer of the project, however, approaches you and requests for three additional items to be added to the project scope. The items are small and no work has yet been done of the project as the scope baseline was just approved. What's the best way to manage this scenario? - CORRECT ANSWER Changes will now flow through formal change control procedures Jane reports that a project she'd like to implement will be worth $160,000 in five years. Considering the rate of return to be six percent, what's the minimum amount that should be invested in Jane's project? - CORRECT ANSWER $119, ($119,561 is the present value of $160,000. The formula is $160,000/1. and is found by taking the future value and dividing by 1 plus the interest rate, to the power of six time periods) Brad is the project manager of the JL Project for his organization. This project has recently been cancelled due to a change in the technology involved. What should Brad do next? - CORRECT ANSWER Write a final project report

Kelly is a project team for your project and she's trying to predict how long her activity will take. You ask Kelly what's the optimistic estimate, most likely duration, and the worst-case duration for the task. She considers the question and the reports that the best case is 45 hours, the most likely will be 60 hours, and the worst-case will be 90 hours. Using triangular distribution, what do you expect the duration of the task to be? - CORRECT ANSWER 65 hours