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Certified Associate in Project Management (CAPM) Certification Questions and Answers

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Viewing questions 46-60 out of questions

Questions # 46:

Estimate Costs ______________.

Options:

Involves developing an estimate of the costs of the resources needed to complete project activities

Includes identifying and considering various costing alternatives

Involves allocating the overall estimates to individual work items

Both A and c

Answer

Questions # 47:

The project manager's leadership style should be matched to the corresponding developmental level of the project team and should move through successive steps in the following order: _____________.

Options:

Disciplinary, autocratic, and participative

Staff planning, team training, and performance monitoring

Team building, team development, and responsibility assignment

Directing, coaching, supporting, and delegating

Answer

Questions # 48:

You are the project manager for a Software Development projects. You are creating a project schedule network diagram for the code development component of the project. This is an example of _________.

Options:

Fragment Network

Precedence Diagramming Method [PDM]

Activity On Node [AON]

Arrow Diagramming Method [ADM]

Answer

Explanation

It is not clear what Sequence Activities technique you are using. However, you are developing a schedule network diagram for only part of the project.

Questions # 49:

An approved change request is an input to which of the following processes?

Options:

Define Scope

Verify Scope

Monitor and Control Project Work

Integrated Change Control

Answer

Explanation

A is the correct answer. And approved change request input to Define Scope.

Questions # 50:

Which of the following statements are FALSE about the Rolling Wave plan?

Options:

Rolling Wave Planning is a phased iterative approach to project development.

Rolling Wave Planning is a cost and schedule planning technique used in the Define Activities process.

Rolling Wave Planning is the process of decomposing each work package within the WBS into the corresponding schedule activities required to produce the work package deliverables.

Rolling Wave Planning describes a form of progressive elaboration planning where the work to be performed in the near time is planned in detail at a low level of the WBS, while work far in future is planned for WBS components that are relatively at a high level of WBS.

Answer

Explanation

Which of the following statements are FALSE about the Rolling Wave plan?

Questions # 51:

Group brainstorming encourages all of the following except _________.

Options:

Team building

Analysis of alternatives

Convergent thinking

D) Q Uninhibited verbalization

Answer

Questions # 52:

Which of the following are inputs of Develop Project Charter process?

Options:

Project statement of work, Contract, Business case and organizational process assets

Project SOW, project selection methods, and enterprise environmental factors

Contract, project selection methods, enterprise environmental factors, and organizational process assets

Contract, project SOW, enterprise environmental factors, and organizational process assets

Answer

Explanation

Inputs to the Develop Project Charter process are Project statement of work, Contract, Business case and organizational process assets.

Questions # 53:

Which of the following can be used to determine what work is included in each work package for each of your team members?

Options:

None of the choices are correct

WBS dictionary

RBS

Project scope statement

Answer

Questions # 54:

When should the project expeditor form of organization be used?

Options:

The project is extremely important to the organization.

A project's cost and importance are relatively low.

The project manager has a lot of responsibility and accountability.

The organization's primary source of revenue is derived from projects

Answer

Questions # 55:

Life cycle costing __________________.

Options:

Includes acquisition, operating, and disposal costs when evaluating various alternatives

Includes only the cost of the development or acquisition of a product or service

Does not take into consideration the effect of project decisions on the cost of using the resulting product

Botn B and c are correct

Answer

Questions # 56:

A fixed-price-plus-incentive-fee (FPI) contract has a target cost of $130,000, a target profit of $15,000, a target price of $145,000, a ceiling price of $160,000, and a share ratio of 80/20. The actual cost of the project was $150,000. How much profit does the seller make?

Options:

$10,000

$15,000

$5,000

Answer

Questions # 57:

Your project is moving ahead of schedule. Management elects to incorporate additional quality testing into the project to improve the quality and acceptability of the project deliverable. This is an example of which one of the following?

Options:

Scope Creep

Change Control

Quality Assurance

Integrated Change Control

Answer

Explanation

Additional quality testing will require additional time and resources for the project. This is an example of Integrated Change Control.

Questions # 58:

How much time does the typical project manager spend communicating both formally and informally?

Options:

40-60%

50-70%

60-80%

75-90%

Answer

Questions # 59:

________ is listed as a technique of the Collect Requirements process described in the PMBOK.

Options:

Group Decision Making Techniques

Selection criteria

Historical information

None of the above

Answer

Explanation

Group Decision Making Techniques is listed as a technique of the Collect Requirements process described in the fourth edition PMBOK.

Questions # 60:

Which of the following is true about the project charter?

Options:

The project charter should be published under the name of a manager external to the project.

The project charter should be published under the project sponsor's name.

The project charter should be published under the name of the project manager.

The project charter should be published under the name of the project champion.

Answer

Explanation

According to the PMBOK Guide, the project charter should be published by a manager external to the project but with sufficient power and authority to carry it off.

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