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One of the benefits of the PMI CAPM certification exam is that it helps individuals to demonstrate their commitment to the profession. Certified Associate in Project Management (CAPM) certification exam validates the knowledge and skills of an individual in project management, and it helps them to stand out in the job market. Certified Associate in Project Management (CAPM) certification also provides individuals with access to a network of project management professionals, which can help them to learn and grow in their careers.
NEW QUESTION # 212
The following is a network diagram for a project.
What is the critical path for the project?
- A. A-D-E-F-H-I
- B. A-B-C-F-H-I
- C. A-B-C-F-G-I
- D. A-D-E-F-G-I
Answer: C
NEW QUESTION # 213
Projects that share common outcomes, collective capability, knowledge, or skills are often grouped into a:
- A. selection
- B. program
- C. portfolio
- D. sub portfolio
Answer: B
NEW QUESTION # 214
What benefit does the Manage Stakeholder Engagement process offer?
- A. Enables the project team to identify the appropriate focus for engagement of each stakeholder or group of stakeholders
- B. Provides an actionable plan to interact effectively with stakeholders
- C. Maintains or increases the efficiency and effectiveness of stakeholder engagement activities as the project evolves and its environment changes
- D. Allows the project manager to increase support and minimize resistance from stakeholders
Answer: C
NEW QUESTION # 215
Which of these is a hybrid contract?
- A. Cost plus award fee (CPAF)
- B. Firm fixed price (FFP)
- C. Fixed price incentive fee (FPIF)
- D. Time and material (T&M)
Answer: D
NEW QUESTION # 216
A company must implement sales software because it is opening a new branch in a foreign market. Although this software is used in every domestic branch, multiple changes are expected during the implementation because it is a foreign location.
Which type of life cycle would the project manager use in this case?
- A. Product life cycle
- B. Hybrid life cycle
- C. Waterfall life cycle
- D. Predictive life cycle
Answer: B
Explanation:
Section: Volume E
NEW QUESTION # 217
Correlated and contextualized information on how closely the scope is being maintained relative to the scope baseline is contained within:
- A. work performance information.
- B. project documents updates.
- C. project management plan updates.
- D. change requests.
Answer: A
NEW QUESTION # 218
During which process of Project Cost Management does a project manager produce the cost baseline?
- A. Determine Budget
- B. Develop Project Charter
- C. Control Schedule
- D. Estimate Costs
Answer: A
Explanation:
Section: Volume E
Explanation/Reference: https://mymanagementguide.com/guidelines/project-management/cost-management/determining- project-budget/#proc
NEW QUESTION # 219
A project manager is performing a specific process and has a list of accepted deliverables. One of the stakeholders points out that they have just reviewed the verified deliverables, and come up with the list of accepted deliverables.
Which process is being referred to?
- A. Control Scope
- B. Validate Quality
- C. Control Quality
- D. Validate Scope
Answer: C
NEW QUESTION # 220
A recently hired project manager is looking for templates to use for projects on which they will work. To what category of enterprise environmental factors should the project manager refer?
- A. Academic research
- B. Infrastructure
- C. Corporate knowledge base
- D. Resource availability
Answer: D
NEW QUESTION # 221
In which Project Management Process Group is the project charter developed?
- A. Executing
- B. Planning
- C. Monitoring and Controlling
- D. Initiating
Answer: D
Explanation:
Section: Volume D
Explanation:
Initiating Process Group. Those processes performed to define a new project or a new phase of an existing project by obtaining authorization to start the project or phase.
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 # 222
The probability and impact matrix is primarily used to:
- A. Evaluate each risk's importance and priority during Perform Qualitative Risk Analysis.
- B. Develop a risk register for risk planning.
- C. Quantify risk issues for trends during a quality audit.
- D. Define risk and compare impacts during Perform Quantitative Risk Analysis.
Answer: A
Explanation:
Section: Volume E
Explanation:
Probability and impact matrix. A probability and impact matrix is a grid for mapping the probability of each risk occurrence and its impact on project objectives if that risk occurs. Risks are prioritized according to their potential implications for having an effect on the project's objectives. A typical approach to prioritizing risks is to use a look-up table or a probability and impact matrix. The specific combinations of probability and impact that lead to a risk being rated as "high," "moderate," or "low" importance are usually set by the organization.
Process: 11.3 Perform Qualitative Risk Analysis
Definition: The process of prioritizing risks for further analysis or action by assessing and combining their probability of occurrence and impact.
Key Benefit: The key benefit of this process is that it enables project managers to reduce the level of uncertainty and to focus on high-priority risks.
Inputs
1. Risk management plan
2. Scope baseline
3. Risk register
4. Enterprise environmental factors
5. Organizational process assets
Tools & Techniques
Risk probability and impact assessment
Probability and impact matrix
Risk data quality assessment
Risk categorization
Risk urgency assessment
Expert judgment
Outputs
Project documents updates
NEW QUESTION # 223
Sending letters, memos, reports, emails, and faxes to share information is an example of which type of communication?
- A. Direct
- B. Push
- C. Pull
- D. Interactive
Answer: B
Explanation:
Section: Volume A
Explanation:
10.1.2.4 Communication Methods
There are several communication methods that are used to share information among project stakeholders.
These methods are broadly classifed as follows:
Interactive communication. Between two or more parties performing a multidirectional exchange of
information. It is the most effcient way to ensure a common understanding by all participants on specified topics, and includes meetings, phone calls, instant messaging, video conferencing, etc.
Push communication. Sent to specific recipients who need to receive the information. This ensures that the
information is distributed but does not ensure that it actually reached or was understood by the intended audience. Push communications include letters, memos, reports, emails, faxes, voice mails, blogs, press releases, etc.
Pull communication. Used for very large volumes of information, or for very large audiences, and requires
the recipients to access the communication content at their own discretion. These methods include intranet sites, e-learning, lessons learned databases, knowledge repositories, etc.
The choices of communication methods that are used for a project may need to be discussed and agreed upon by the project stakeholders based on communication requirements; cost and time constraints; and familiarity and availability of the required tools and resources that may be applicable to the communications process.
NEW QUESTION # 224
Exhibit A is an example of which of the following types of Sequence Activities?
- A. Mathematical analysis diagramming
- B. Project schedule network diagramming
- C. Activity-on-arrow diagramming
- D. Precedence diagramming
Answer: D
Explanation:
Section: Volume E
NEW QUESTION # 225
Which type of analysis systemically gathers and analyzes qualitative and quantitative information to determine which interests should be taken into account throughout the project?
- A. Stakeholder
- B. Product
- C. Research
- D. Cost-benefit
Answer: A
NEW QUESTION # 226
A project using the agile/adaptive approach has reached the Project Integration Management phase.
What
is the project manager's key responsibility during this phase?
- A. Directing the delivery of the project
- B. Defining the scope of the project
- C. Building a collaborative environment
- D. Creating a detailed project management plan
Answer: C
NEW QUESTION # 227
What entity is assigned various responsibilities related to the centralized and coordinated management of those projects under its domain?
- A. Project management office
- B. Executive sponsor office
- C. Program management office
- D. Project team office
Answer: A
NEW QUESTION # 228
Due to today's competitive global market, organizations require more than technical project management skills. Which of the following skills can support long-range strategic objectives that contribute to the bottom line?
- A. Strategic and business management skills
- B. Planning and risk management skills
- C. Business intelligence and leadership skills
- D. Communication and time management skills
Answer: C
Explanation:
Explanation/Reference:
Reference: https://www.pmi.org/-/media/pmi/documents/public/pdf/learning/thought-leadership/pulse/pulse- of-the-profession-2018.pdf
NEW QUESTION # 229
In which type of organization does the project manager have the maximum influence
- A. Composite
- B. Multi-divisional
- C. Simple Organic
- D. Centralized
Answer: A
NEW QUESTION # 230
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