[Dec-2023] CAPM Questions - Truly Beneficial For Your PMI Exam
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Certification Path
The PMI Certified Associate in Project Management certification path includes only one CAPM certification exam.
NEW QUESTION # 116
Which conflict resolution technique searches for solutions that bring some degree of satisfaction to all parties in order to temporarily or partially resolve the conflict?
- A. Withdraw/avoid
- B. Compromise/reconcile
- C. Collaborate/problem solve
- D. Force/direct
Answer: B
Explanation:
Section: Volume A
NEW QUESTION # 117
A project's purpose or justification, measurable project objectives and related success criteria, a summary milestone schedule, and a summary budget are all components of which document?
- A. Project management plan
- B. Project charter
- C. Requirements document
- D. Work breakdown structure
Answer: B
Explanation:
Explanation/Reference:
Explanation:
4.1.3.1 Project Charter
The project charter is the document issued by the project initiator or sponsor that formally authorizes the existence of a project and provides the project manager with the authority to apply organizational resources to project activities. It documents the business needs, assumptions, constraints, the understanding of the customer's needs and high-level requirements, and the new product, service, or result that it is intended to satisfy, such as:
Project purpose or justification,
Measurable project objectives and related success criteria,
High-level requirements,
Assumptions and constraints,
High-level project description and boundaries,
High-level risks,
Summary milestone schedule,
Summary budget,
Stakeholder list,
Project approval requirements (i.e., what constitutes project success, who decides the project is
successful, and who signs off on the project),
Assigned project manager, responsibility, and authority level, and
Name and authority of the sponsor or other person(s) authorizing the project charter.
Process: 4.1. Develop Project Charter
Definition: The process of developing a document that formally authorizes the existence of a project and provides the project manager with the authority to apply organizational resources to project activities.
Key Benefit: The key benefit of this process is a well-defined project start and project boundaries, creation of a formal record of the project, and a direct way for senior management to formally accept and commit to the project.
Inputs
1. Project statement of work
2. Business case
3. Agreements
4. Enterprise environmental factors
5. Organizational process assets
Tools & Techniques
1. Expert judgment
2. Facilitation techniques
Outputs
1. Project charter
NEW QUESTION # 118
The ability to influence cost is greatest during which stages of the project?
- A. Early
- B. Late
- C. Completion
- D. Middle
Answer: A
Explanation:
Section: Volume A
NEW QUESTION # 119
Which technique should a project manager use in a situation in which a collaborative approach to conflict management is not possible?
- A. Coaching
- B. Avoidance
- C. Consensus
- D. Influencing
Answer: B
NEW QUESTION # 120
The completion of the project scope is measured against the:
- A. project management plan.
- B. project scope statement.
- C. work performance measurements.
- D. requirements documentation.
Answer: A
Explanation:
Section: Volume E
Explanation/Reference:
Explanation:
4.2.3.1 Project Management Plan
The project management plan is the document that describes how the project will be executed, monitored, and controlled. It integrates and consolidates all of the subsidiary plans and baselines from the planning processes.
Project baselines include, but are not limited to:
Scope baseline (Section 5.4.3.1),
Schedule baseline (Section 6.6.3.1), and
Cost baseline (Section 7.3.3.1).
Subsidiary plans include, but are not limited to:
Scope management plan (Section 5.1.3.1),
Requirements management plan (Section 5.1.3.2),
Schedule management plan (Section 6.1.3.1),
Cost management plan (Section 7.1.3.1),
Quality management plan (Section 8.1.3.1),
Process improvement plan (Section 8.1.3.2),
Human resource management plan (Section 9.1.3.1),
Communications management plan (Section 10.1.3.1),
Risk management plan (Section 11.1.3.1),
Procurement management plan (Section 12.1.3.1), and
Stakeholder management plan (Section 13.2.3.1).
Among other things, the project management plan may also include the following:
Life cycle selected for the project and the processes that will be applied to each phase;
Details of the tailoring decisions specified by the project management team as follows:
○ Project management processes selected by the project management team,
○ Level of implementation for each selected process,
○ Descriptions of the tools and techniques to be used for accomplishing those processes, and
○ Description of how the selected processes will be used to manage the specific project, including the dependencies and interactions among those processes and the essential inputs and outputs.
Description of how work will be executed to accomplish the project objectives;
Change management plan that documents how changes will be monitored and controlled;
Configuration management plan that documents how Configuration management will be performed;
Description of how the integrity of the project baselines will be maintained;
Requirements and techniques for communication among stakeholders; and
Key management reviews for content, the extent of, and timing to address, open issues and pending
decisions.
The project management plan may be either summary level or detailed, and may be composed of one or more subsidiary plans. Each of the subsidiary plans is detailed to the extent required by the specific project. Once the project management plan is baselined, it may only be changed when a change request is generated and approved through the Perform Integrated Change Control process.
NEW QUESTION # 121
Which of the following is an example of the objective of a quality audit?
- A. Conduct retrospective
- B. Verify solution effectiveness
- C. Perform data gathering
- D. Identify nonconformities, shortcomings, and gaps
Answer: D
NEW QUESTION # 122
Quality metrics are an output of which process?
- A. Perform Quality Assurance
- B. Perform Quality Control
- C. Perform Qualitative Risk Analysis
- D. Plan Quality Management
Answer: D
Explanation:
Section: Volume D
Explanation:
8.1.3.3 Quality Metrics
A quality metric specifically describes a project or product attribute and how the control quality process will measure it. A measurement is an actual value. The tolerance defines the allowable variations to the metric. For example, if the quality objective is to stay within the approved budget by ± 10%, the specific quality metric is used to measure the cost of every deliverable and determine the percent variance from the approved budget for that deliverable. Quality metrics are used in the perform quality assurance and control quality processes.
Some examples of quality metrics include on-time performance, cost control, defect frequency, failure rate, availability, reliability, and test coverage.
Process: 8.1 Plan Quality Management
Definition: The process of identifying quality requirements and/or standards for the project and its deliverables, and documenting how the project will demonstrate compliance with relevant quality requirements and/or standards.
Key Benefit: The key benefit of this process is that it provides guidance and direction on how quality will be managed and validated throughout the project.
Inputs
1. Project management plan
2. Stakeholder register
3. Risk register
4. Requirements documentation
5. Enterprise environmental factors
6. Organizational process assets
Tools & Techniques
1. Cost-benefit analysis
2. Cost of quality
3. Seven basic quality tools
4. Benchmarking
5. Design of experiments
6. Statistical sampling
7. Additional quality planning tools
8. Meetings
Outputs
1. Quality management plan
2. Process improvement plan
3. Quality metrics
4. Quality checklists
5. Project documents updates
NEW QUESTION # 123
Which of the following documents are created as part of Project Integration Management?
- A. Project scope statement and communications management plan
- B. Communications management plan and scope management plan
- C. Project charter and project management plan
- D. Quality management plan and risk management plan
Answer: C
NEW QUESTION # 124
Which group is formally chartered and responsible for reviewing, evaluating, approving, delaying, or rejecting changes to the project and for recording and communicating decisions?
- A. Project team
- B. Project stakeholders
- C. Focus group
- D. Change control board
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Change Control Board (CCB). A formally chartered group responsible for reviewing, evaluating, approving, delaying, or rejecting changes to the project, and for recording and communicating such decisions.
NEW QUESTION # 125
A project manager at a publishing company decides to initiate the editing phase of the project as soon as each chapter is written.
Which type of Sequence Activities tool and technique is involved, considering that there was a start-to-start relationship with a 15-day delay?
- A. Lead
- B. Float
- C. Lag
- D. Slack
Answer: C
NEW QUESTION # 126
The process of identifying and documenting project roles, responsibilities, required skills, and reporting relationships and creating a staffing management plan is known as:
- A. Manage Project Team.
- B. Plan Human Resource Management.
- C. Acquire Project Team.
- D. Develop Project Team.
Answer: B
Explanation:
Section: Volume A
Explanation:
Process: 9.1 Plan Human Resource Management
Definition: The process of identifying and documenting project roles, responsibilities, required skills, reporting relationships, and creating a staffing management plan.
Key Benefit: The key benefit of this process is that it establishes project roles and responsibilities, project organization charts, and the staffing management plan including the timetable for staff acquisition and release.
Inputs
1. Project management plan
2. Activity resource requirements
3. Enterprise environmental factors
4. Organizational process assets
Tools & Techniques
1. Organization charts and position descriptions
2. Networking
3. Organizational theory
4. Expert judgment
5. Meetings
Outputs
Human resource management plan
NEW QUESTION # 127
The methodology that combines scope, schedule, and resource measurements to assess project performance and progress is known as:
- A. Earned value management.
- B. Critical path methodology.
- C. Forecasting.
- D. Critical chain methodology.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
7.4.2.1 Earned Value Management
Earned value management (EVM) is a methodology that combines scope, schedule, and resource measurements to assess project performance and progress. It is a commonly used method of performance measurement for projects. It integrates the scope baseline with the cost baseline, along with the schedule baseline, to form the performance measurement baseline, which helps the project management team assess and measure project performance and progress. It is a project management technique that requires the formation of an integrated baseline against which performance can be measured for the duration of the project.
NEW QUESTION # 128
Which of the following is a schematic display of the project's schedule activities and the logical relationships among them?
- A. Project milestone list
- B. Gantt chart
- C. Activity list
- D. Project schedule network diagram
Answer: D
NEW QUESTION # 129
A project team conducts regular standup meetings to keep everyone updated on what each one of them is working on. What type of communication is this?
- A. Formal
- B. Unofficial
- C. Informal
- D. Hierarchical
Answer: C
NEW QUESTION # 130
When a control chart is used to monitor performance of a process, which of the following will be set by the project manager and the appropriate stakeholders to reflect the point(s) at which corrective action will be taken to prevent exceeding the specification limits?
- A. Upper and lower specification limits
- B. Upper and lower control limits
- C. Process mean
- D. Data points
Answer: B
NEW QUESTION # 131
An input to Conduct Procurements is:
- A. Independent estimates.
- B. Seller proposals.
- C. Resource calendars.
- D. Selected sellers.
Answer: B
Explanation:
Section: Volume A
Explanation:
12.2.1.4 Seller Proposals
Seller proposals, prepared in response to a procurement document package, form the basic information that will be used by an evaluation body to select one or more successful bidders (sellers).
Process: 12.2 Conduct Procurements
Definition: The process of obtaining seller responses, selecting a seller, and awarding a contract.
Key Benefit: The key benefit of this process is that it provides alignment of internal and external stakeholder expectations through established agreements.
Inputs
1. Procurement management plan
2. Procurement documents
3. Source selection criteria
4. Seller proposals
5. Project documents
6. Make-or-buy decisions
7. Procurement statement of work
8. Organizational process assets
Tools & Techniques
1. Bidder conference
2. Proposal evaluation techniques
3. Independent estimates
4. Expert judgment
5. Advertising
6. Analytical techniques
7. Procurement negotiations
Outputs
1. .Selected sellers
2. .Agreements
3. .Resource calendars
4. .Change requests
5. .Project management plan updates
6. .Project documents updates
NEW QUESTION # 132
Which statement is true about the project management body of knowledge?
- A. A sum of knowledge that should be applied on every project
- B. The sum of all knowledge related to project management
- C. Recognized by every project manager
- D. Constantly evolving
Answer: D
NEW QUESTION # 133
The Process Group in which the internal and external stakeholders interact and influence the overall outcome of the project is the:
- A. Monitoring and Controlling Process Group.
- B. Initiating Process Group.
- C. Planning Process Group.
- D. Executing Process Group.
Answer: B
Explanation:
Section: Volume E
NEW QUESTION # 134
Technical capability, past performance, and intellectual property rights are examples of:
- A. performance measurement criteria
- B. source selection criteria
- C. phase exit criteria
- D. product acceptance criteria
Answer: B
Explanation:
Section: Volume B
NEW QUESTION # 135
A strengths, weaknesses, opportunities, and threats (SWOT) analysis is a tool or technique used in which process?
- A. Control Risks
- B. Perform Quantitative Risk Analysis
- C. Identify Risks
- D. Perform Qualitative Risk Analysis
Answer: C
Explanation:
Section: Volume A
Explanation
Explanation:
11.2.2.6 SWOT Analysis
This technique examines the project from each of the strengths, weaknesses, opportunities, and threats (SWOT) perspectives to increase the breadth of identified risks by including internally generated risks. The technique starts with identification of strengths and weaknesses of the organization, focusing on either the project, organization, or the business area in general. SWOT analysis then identifies any opportunities for the project that arise from organizational strengths, and any threats arising from organizational weaknesses. The analysis also examines the degree to which organizational strengths offset threats, as well as identifying opportunities that may serve to overcome weaknesses.
Process: 11.2 Identify Risks
Definition: The process of determining which risks may affect the project and documenting their characteristics.
Key Benefit: The key benefit of this process is the documentation of existing risks and the knowledge and ability it provides to the project team to anticipate events.
Inputs
1. Risk management plan
2. Cost management plan
3. Schedule management plan
4. Quality management plan
5. Human resource management plan
6. Scope baseline
7. Activity cost estimates
8. Activity duration estimates
9. Stakeholder register
10.Project documents
11.Procurement documents
12.Enterprise environmental factors
13.Organizational process assets
Tools & Techniques
1. Documentation reviews
2. Information gathering techniques
3. Checklist analysis
4. Assumptions analysis
5. Diagramming techniques
6. SWOT analysis
7. Expert judgment
Outputs
1. Risk register
11.2.3.1 Risk Register
The primary output from Identify Risks is the initial entry into the risk register. The risk register is a document in which the results of risk analysis and risk response planning are recorded. It contains the outcomes of the other risk management processes as they are conducted, resulting in an increase in the level and type of information contained in the risk register over time. The preparation of the risk register begins in the Identify Risks process with the following information, and then becomes available to other project management and risk management processes:
List of identified risks. The identified risks are described in as much detail as is reasonable. A structure for
describing risks using risk statements may be applied, for example, EVENT may occur causing IMPACT, or If CAUSE exists, EVENT may occur leading to EFFECT. In addition to the list of identified risks, the root causes of those risks may become more evident. These are the fundamental conditions or events that may give rise to one or more identified risks. They should be recorded and used to support future risk identification for this and other projects.
List of potential responses. Potential responses to a risk may sometimes be identified during the Identify
Risks process. These responses, if identified in this process, should be used as inputs to the Plan Risk Responses process.
NEW QUESTION # 136
A project manager builds consensus and overcomes obstacles by employing which communication technique?
- A. Meeting management
- B. Presentation
- C. Facilitation
- D. Listening
Answer: C
NEW QUESTION # 137
The process of estimating the type and quantity of material, human resources, equipment, or supplies required to perform each activity is known as:
- A. Conduct Procurements.
- B. Estimate Activity Resources.
- C. Estimate Activity Durations.
- D. Collect Requirements.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Process: 6.4 Estimate Activity Resources
Definition: The process of estimating the type and quantities of material, human resources, equipment, or supplies required to perform each activity.
Key Benefit: The key benefit of this process is that it identifies the type, quantity, and characteristics of resources required to complete the activity which allows more accurate cost and duration estimates.
Inputs
1. Schedule management plan
2. Activity list
3. Activity attributes
4. Resource calendars
5. Risk register
6. Activity cost estimates
7. Enterprise environmental factors
8. Organizational process assets
Tools & Techniques
1. Expert judgment
2. Alternative analysis
3. Published estimating data
4. Bottom-up estimating
5. Project management software
Outputs
1. Activity resource requirements
2. Resource breakdown structure
3. Project documents updates
NEW QUESTION # 138
Which document in the project management plan can be updated in the Plan Procurement Management process?
- A. Procurement documents
- B. Requirements documentation
- C. Budget estimates
- D. Risk matrix
Answer: B
NEW QUESTION # 139
Which of the following lists of tools and techniques is used when conducting procurements?
- A. Expert judgement, procurement negotiations, bidder conferences, proposal evaluation advertising and independent estimates
- B. Budgeting procurement negotiations, bidder conferences, proposal evaluation and advertising, and seller's proposal
- C. Agreements procurement negotiations, bidder conferences, proposal evaluation and advertising selected seller
- D. Expert judgement, procurement negotiations bidder conferences, proposal evaluation and advertising, and make-or-buy decisions
Answer: D
NEW QUESTION # 140
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The Certified Associate in Project Management (CAPM) certification is a valuable asset for individuals who are seeking to advance their career in the field of project management. Developed and administered by the Project Management Institute (PMI), the CAPM certification exam is a globally recognized standard that validates the knowledge and skills of project management professionals at an entry-level.
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