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

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Total 748 questions

Parametric Estimate Costs involves _____________.

A.

Calculating individual cost estimates for each work package

B.

Using rates and factors based on historical experience to estimate costs

C.

Using the actual cost of a similar project to estimate total project costs

D.

Both A and B

A tool which links the project roles and responsibilities to the project Define Scope is called ____________.

A.

Define Scope Matrix

B.

Responsibility Assignment Matrix

C.

Roles Assignment Matrix

D.

Project Scope and Roles Matrix

Which of the following processes involves obtaining information (bids and proposals) from prospective sellers?

A.

Procurement Planning

B.

Source Selection

C.

Contract Administration

D.

Solicitation

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

A.

Define Scope

B.

Verify Scope

C.

Monitor and Control Project Work

D.

Integrated Change Control

Which of the following statements is false?

A.

Uncertainty and risk are greatest at the start of the project and lowest at the end.

B.

The amount at stake Is lowest at the end of the project and greatest at the start.

C.

Expected monetary value can be expressed as the product of the risk event probability and the risk event value.

D.

Opportunities are positive outcomes of risk.

Which of the following is not considered a cost of non-conformance to quality?

A.

Scrap

B.

Rework

C.

Expediting

D.

Process control

Estimate Costs ______________.

A.

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

B.

Includes identifying and considering various costing alternatives

C.

Involves allocating the overall estimates to individual work items

D.

Both A and c

A tool that analyzes the inputs to a process to identify the causes of errors is called ____________.

A.

Cause and Effect Diagram

B.

Fishbone Diagram

C.

Ishikawa Diagram

D.

Al1 of the above

You are a project manager for your organization. Management has asked you to help them determine which projects should be selected for implementation. In a project selection model, which one of the following is the most important factor?

A.

Business needs

B.

Type of constraints

C.

Budget

D.

Schedule

The concept that it is easier and less costly to do the work right the first time is called _______________.

A.

Zero defects

B.

Continuous improvement

C.

DTRTRTFT

D.

The customer is the next person in the process

In which of the following contract types the seller's profit is limited?

A.

Cost-plus-percentage-cost contract

B.

Cost-plus-fixed-fee contract

C.

Fixed-price-plus-incentive

D.

Both B and c

When a project is being performed under contract, who provides SOW?

A.

Buyer

B.

Contractor

C.

Project sponsor

D.

Project manager

The overall intentions and direction of an organization with regard to quality as formally expressed by top management is a ____________.

A.

Quality Plan

B.

Quality Statement

C.

Quality Policy

D.

TQM

A cost-plus-percentage-cost (CPPC) contract has an estimated cost of $120,000 with an agreed profit of 10% of the costs. The actual cost of the project is $130,000. What is the total reimbursement to the seller?

A.

$143,000

B.

$142,000

C.

$140,000

D.

$132,000

Which process involves coordinating people and other resources to carry out plan?

A.

Executing processes

B.

Planning processes

C.

Controlling Processes

D.

Closing processes