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| Certification Vendor: | PMI |
|---|---|
| Exam Name: | Certified Associate in Project Management |
| Exam Number: | CAPM |
| Exam Format: | Multiple Choice (Single Answer) |
| Exam Duration: | 180 minutes |
| Real Exam Qty: | 150 |
| Passing Score: | Scaled score (Passing score varies; approximately 60-70% equivalent) |
| Related Certifications: | PMP |
| Available Languages: | Italian, Spanish, French, Korean, Portuguese, English, Japanese, Russian, Arabic, German, Chinese |
| Certificate Validity Period: | 5 years |
| Exam Price: | $435 USD (PMI members) / $495 USD (non-members) |
| Sample Questions: | PMI CAPM Sample Questions |
| Exam Way: | Computer-based testing (CBT) at Pearson VUE test centers worldwide; also available via proctored online proctoring in select locations |
| Pre Condition: | Secondary degree (high school diploma, associate's degree, or global equivalent) with 23 hours of project management education completed before the exam date |
| Official Syllabus URL: | https://www.pmi.org/certifications/certified-associate-pmp |
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To guarantee success, candidates make use of several study guides when preparing for the final test. Overall, the exam structure requires knowledge of:
NEW QUESTION # 1150
Match each tool or technique with its corresponding Project Cost Management process.
Answer:
Explanation:
Explanation:
A close-up of a list Description automatically generated
According to the PMBOKGuide, Project Cost Management consists of four processes. Each has a distinct set of Tools and Techniques (TandT) designed to move the project from high-level planning to granular financial control.
Plan Cost Management (Expert Judgment): This is the initial process that establishes the policies and documentation for planning and controlling costs. Expert Judgment, based upon historical information and specialized knowledge in a particular area, is the primary tool used to determine how costs will be managed throughout the project lifecycle.
Estimate Costs (Analogous Estimating): This process involves developing an approximation of the monetary resources needed to complete project work. Analogous Estimating (using values from a similar past project) is a key technique used here, especially when there is limited detail available.
Determine Budget (Cost Aggregation): This process aggregates the estimated costs of individual activities or work packages to establish an authorized cost baseline. Cost Aggregation is the specific technique where work package cost estimates are summed up through the WBS levels to reach the total project budget.
Control Costs (To-Complete Performance Index - TCPI): This is the monitoring and controlling process.
TCPI is a specialized tool used to calculate the cost performance that must be achieved with the remaining resources to meet a specific management goal (either the original Budget at Completion or a new Estimate at Completion).
Per PMI standards, understanding the placement of these tools is essential for maintaining the Cost Baseline and ensuring the project is completed within the approved budget. Each tool serves a specific chronological purpose, from the " Top-Down " approach of Analogous Estimating to the " Bottom-Up " summation of Cost Aggregation.
NEW QUESTION # 1151
A project receives budget approval, but the risk of extra costs is expected. Which of these inputs should the project manager check in order to make a qualitative risk analysis?
Answer: D
Explanation:
According to the PMBOKGuide, the process of Perform Qualitative Risk Analysis requires specific inputs to effectively prioritize individual project risks. When a project manager is dealing with a budget that has been approved but carries the risk of extra costs, they must look at the documents that provide context for risk management and the environment of uncertainty.
* Risk Management Plan: This is a vital input because it defines the roles and responsibilities for risk management, the budget and schedule activities for risk management, and-most importantly for qualitative analysis-the definitions of risk probability and impact and the probability and impact matrix. It provides the " rules of engagement " for how the team will assess the risks.
* Assumption Log: This document is critical because it identifies the assumptions and constraints that may give rise to individual project risks. In the context of budget and " extra costs, " the project manager must check what assumptions were made during the budgeting process. If an assumption proves to be false, it becomes a risk. Qualitative analysis often involves re-evaluating these assumptions to see how they impact the project ' s risk profile.
Why other options are incorrect:
* Option B: Cost estimates and cost forecasts are more relevant to the Control Costs and Perform Quantitative Risk Analysis processes. While they provide numerical data, qualitative analysis is more concerned with the categorization and prioritization based on the risk management framework.
* Option C: Basis of estimates provides the logic behind how costs were calculated, but it is not a primary input for the qualitative assessment of risks in the same way the risk management plan and assumption log are.
* Option D: The Project Charter is a high-level document. While it may contain high-level risks, it does not provide the detailed framework for analysis found in the Risk Management Plan, nor does it contain the specific, granular assumptions found in the Assumption Log.
NEW QUESTION # 1152
A project team of telecommuters located in three different time zones regularly misses project deadlines Daily meetings often start and end with the same person talking and the rest of the team listening The project manager determines that communication among team members must be addressed.
What communication step is missing from the daily meetings?
Answer: B
NEW QUESTION # 1153
Which tools or techniques will a project manager use for Develop Project Team?
Answer: B
Explanation:
Explanation/Reference:
Explanation:
9.3 Develop Project Team
Definition: The process of improving competencies, team member interaction, and overall team environment to enhance project performance.
Key Benefit: The key benefit of this process is that it results in improved teamwork, enhanced people skills and competencies, motivated employees, reduced staff turnover rates, and improved overall project performance.
Inputs
1. Human resource management plan
2. Project staff assignments
3. Resource calendars
Tools & Techniques
1. Interpersonal skills
2. Training
3. Team-building activities
4. Ground rules
5. Colocation
6. Recognition and rewards
7. Personnel assessment tools
Outputs
1. Team performance assessments
2. Enterprise environmental factors updates
NEW QUESTION # 1154
Which of the following are outputs from the process of creating a work breakdown structure (WBS)?
Answer: A
Explanation:
Explanation/Reference:
Reference: https://4squareviews.com/2018/04/13/6th-edition-pmbok-guide-process-5-4-create-wbs- outputs/
NEW QUESTION # 1155
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