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PMI PMI-002 - Certified Associate in Project Management (CAPM) Certification

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Page: 11 / 15
Total 748 questions

The Sales VP approaches you to change the visitor logon screen on the company's website to include a user name with at least eight characters. This is considered

A.

project initiation

B.

a Project

C.

ongoing operations

D.

project execution

Which statement is not true regarding the issue logs?

A.

Issue logs are written logs that document person responsible for resolving for specific issue by a target date.

B.

Issue logs are tool of Manage Stakeholder Expectations process.

C.

Issue logs are tool of manage project team process.

D.

Issue logs describe the ground rules and conflict management procedures to manage the project.

As a CAPM, you will be required to comply with the CAPM Code of Professional Conduct. This code refers to all of the following except which one?

A.

Reporting conflicts of interest

B.

Complying with the stakeholder requirements

C.

Reporting experience and CAPM status truthfully

D.

Complying with the rules and standards of foreign countries

Which of the following statements are FALSE about cost reimbursable contracts?

A.

cost-reimbursable contracts generally carry the highest risks to the buyer, as the total costs are uncertain

B.

cost-reimbursable contracts often includes incentives for meeting or exceeding project objectives

C.

cost-reimbursable contracts resemble fix unit agreements when the unit rates are preset by the buyer and seller

D.

cost-reimbursable contracts are contracts that involves payments to the seller for actual costs, plus a fee representing the sellers profit

The level of authority a project manager has is __________.

A.

based on the organizational structure

B.

based on the amount of authority the manager of the project manager possesses

C.

based on the key stakeholder's influence on the project

D.

based on the project managers communication skills

Which of the following estimates MOST accurately reflects the actual cost of the project?

A.

Top-down

B.

Bottom-up

C.

Budget

D.

Appropriations

Overall project performance is measured by the:

A.

Gantt chart.

B.

Work breakdown structure.

C.

PERT chart.

D.

Earned value chart.

A project success can be achieved only if:

A.

There is a clear link between the project deliverables and the business strategy.

B.

The project sponsor leads the initiatives.

C.

The project manager is an expert in managing resources.

D.

Allof the above

Communication between the project manager and the project team members should take place:

A.

Via daily status report.

B.

Through approved documented forms.

C.

By written and oral communication.

D.

Through the formal chain of comman

Planning components are tools or techniques of the Define Activities process. Which of the following are planning components?

A.

Executing processes

B.

Planning processes

C.

Controlling Processes

D.

Closing processes

The development of a cohesive project team occurs:

A.

Throughout the project.

B.

During planning.

C.

During initiation.

D.

None

Which of the following conflict resolution approaches is likely to lead to the MOST long-lasting solutions?

A.

Negotiating

B.

Smoothing

C.

Problem solving

D.

Compromising

What is the key difference between a contract close-out and an administrative closure?

A.

Contract close-out formalizes project completion.

B.

Contract close-out includes updating records with final results.

C.

Administrative closure includes procurement audits.

D.

Contract close-out includes product verification.

Which of the following is true about a project charter?

A.

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

B.

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

C.

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

D.

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

Which of the following is true regarding IRR?

A.

IRR is a constrained optimization method.

B.

IRR assumes reinvestment at the cost of capital.

C.

IRR is the discount rate when NPV is greater than zero.

D.

IRR is the discount rate when NPV is equal to zero.