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PMI CA0-001 - Certified Associate in Project Management (CAPM) Certification

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Page: 9 / 11
Total 525 questions

A Project Management Office (PMO) manages a number of aspects, including what?

A.

Project scope, schedule, cost, and quality of the products of the work packages

B.

Central coordinator of communication management across projects, and for the delivery of specific project objectives, organization opportunity assessment

C.

Assigns project resources to best meet project objectives

D.

Overall risk, overall opportunity and interdependencies among projects

Which tool and technique uses a statistical relationship between historical data and other variables to calculate estimates?

A.

Analogous estimating

B.

Three-point estimates

C.

Parametric estimating

D.

Bottom-up estimating

Which stakeholder is responsible for managing related projects in a coordinated way?

A.

Sponsor

B.

Portfolio manager

C.

Program manager

D.

Project manager

In what type of contract is the seller reimbursed for all allowable costs for performing the contract work and receives a predetermined fee based upon achieving certain performance objectives as set forth in the contract?

A.

Cost-plus-fixed-fee

B.

Cost-plus-incentive-fee

C.

Firm-fixed-price

D.

Fixed-price-incentive-fee

What is risk tolerance?

A.

Ability to manage risks

B.

Willingness to accept varying degrees of risks

C.

Ability to mitigate risks

D.

Willingness to develop a risk management plan

When would resource leveling be applied to a schedule model?

A.

Before constraints have been identified

B.

Before it has been analyzed by the critical path method

C.

After it has been analyzed by the critical path method

D.

After critical activities have been removed from the critical path

In which of the following organizational structures does the project manager have full authority on a project?

A.

Functional

B.

Strong matrix

C.

Balanced matrix

D.

Projectized

Perform quality assurance belongs to which of the following process groups?

A.

Planning

B.

Executing

C.

Monitoring and Control

D.

Closing

Which of the following is a strategy for positive risks?

A.

Avoid

B.

Transfer

C.

Accept

D.

Mitigate

Which of the following is involved in the initiation process group?

A.

Develop Project Management Plan

B.

Identify Stakeholders

C.

Plan Communications

D.

Collect Requirements

Project contracts generally fall into which of the following three broad categories?

A.

Fixed-price, cost reimbursable, time and materials

B.

Make-or-buy, margin analysis, fixed-price

C.

Time and materials, fixed-price, margin analysis

D.

Make-or-buy, lump-sum, cost-plus-incentive

Which of the following is an output of Define Scope?

A.

Project document updates

B.

Project management plan

C.

Scope baseline

D.

Product analysis

Company A is delivering a product in three parts. The contract allows for the parts to be delivered either one after the other or at the same time.

Which type of project phasing will allow for the most flexibility in delivering the full product when product requirements are subject to rapid change?

A.

Sequencing the delivery phases one after the other

B.

Overlapping the delivery phases

C.

Delivering the products iteratively

D.

Delivering all of the product at the same time

When is a project finished?

A.

After verbal acceptance of the customer or sponsor

B.

After lessons learned have been documented in contract closure

C.

When the project objectives have been met

D.

After resources have been released

How is the process of collecting requirements defined?

A.

Defining and documenting project sponsors' needs to meet the project objectives

B.

Defining and documenting stakeholders' needs to meet the project objectives

C.

Defining and documenting the project teams' needs to meet the project objectives

D.

Defining and documenting the project needs to meet the project objectives