PMI CAPM Web-Based Practice Exam Questions

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| Section | Weight | Objectives |
|---|
| Project Management Fundamentals and Core Concepts | 50% | - Project Stakeholder Management
- 1. Manage stakeholder engagement
- 2. Plan stakeholder engagement
- 3. Identify stakeholders
- 4. Monitor stakeholder engagement
- Project Management Framework
- 1. Project stakeholders and governance
- 2. PMBOK Guide framework components
- 3. Knowledge areas
- 4. Process groups (Initiating, Planning, Executing, Monitoring and Controlling, Closing)
- Project Communications Management
- 1. Monitor communications
- 2. Plan communications management
- 3. Manage communications
- Project Cost Management
- 1. Determine budget
- 2. Estimate costs
- 3. Control costs
- 4. Plan cost management
- Project Scope Management
- 1. Plan scope management
- 2. Define scope
- 3. Collect requirements
- 4. Control scope
- 5. Validate scope
- 6. Create WBS
- Project Risk Management
- 1. Plan risk management
- 2. Perform qualitative risk analysis
- 3. Implement risk responses
- 4. Perform quantitative risk analysis
- 5. Identify risks
- 6. Plan risk responses
- 7. Monitor risks
- Project Procurement Management
- 1. Control procurements
- 2. Plan procurement management
- 3. Conduct procurements
- Project Quality Management
- 1. Control quality
- 2. Plan quality management
- 3. Manage quality
- Project Schedule Management
- 1. Develop schedule
- 2. Plan schedule management
- 3. Sequence activities
- 4. Define activities
- 5. Control schedule
- 6. Estimate activity duration
- Understanding the Value of Project Management
- 1. Role of project manager
- 2. Benefits of project management
- 3. Distinction between projects, programs, and portfolios
- 4. Organizational project management (OPM)
- Project Resource Management
- 1. Acquire resources
- 2. Develop team
- 3. Plan resource management
- 4. Manage team
- 5. Control resources
- Project Integration Management
- 1. Develop project charter
- 2. Direct and manage project work
- 3. Monitor and control project work
- 4. Develop project management plan
- 5. Close project or phase
- 6. Manage project knowledge
- 7. Perform integrated change control
|
| Agile and Hybrid Methodologies | 20% | - Agile Principles and Mindset
- 1. Early delivery and continuous improvement
- 2. Iterative and incremental delivery
- 3. Agile Manifesto values and principles
- 4. Adaptive planning
- Hybrid Approaches
- 1. Kanban basics
- 2. Blending predictive and agile methods
- 3. Scrum framework roles and events
- Agile Estimation and Planning
- 1. Story points and relative estimation
- 2. Velocity-based planning
- 3. Sprint planning and retrospectives
|
| Predictive, Plan-Based Methodologies | 30% | - Plan-Driven Process Implementation
- 1. Baseline management
- 2. Scope verification
- 3. Detailed planning and estimation
- 4. Change control processes
- Predictive Methodology Principles
- 1. Waterfall approach characteristics
- 2. Milestone-driven delivery
- 3. Requirements gathering and documentation
- 4. Sequential phases
- Predictive Tool Techniques
- 1. Critical path method (CPM)
- 2. Gantt charts
- 3. Work breakdown structure (WBS)
- 4. Network diagrams
|
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PMI Certified Associate in Project Management (CAPM) Sample Questions (Q1324-Q1329):
NEW QUESTION # 1324
An output of the Develop Project Team process is:
- A. project staff assignments
- B. project documents updates
- C. change requests
- D. team performance assessments
Answer: D
NEW QUESTION # 1325
A strengths, weaknesses, opportunities, and threats (SWOT) analysis is a tool or technique used in which process?
- A. Perform Qualitative Risk Analysis
- B. Identify Risks
- C. Perform Quantitative Risk Analysis
- D. Control Risks
Answer: B
NEW QUESTION # 1326
Which statement about accepted deliverables is correct?
- A. Project deliverables meet the acceptance criteria and are formally signed off and approved by the customer or sponsor
- B. Project deliverables meet the acceptance criteria and have been checked through the Control Quality process
- C. Project deliverables are completed and checked for correctness through the Control Quality process
- D. Projects deliverables are registered as a result of all work packages that are checked and delivered and which meet the acceptance criteria
Answer: A
Explanation:
Section: Volume E
NEW QUESTION # 1327
Organizations perceive risks as:
- A. events which could have a negative impact on project and organizational objectives.
- B. events that will inevitably impact project and organizational objectives.
- C. the negative impact of undesired events on their project and organizational objectives.
- D. the effect of uncertainty on their project and organizational objectives.
Answer: D
Explanation:
Section: Volume C
NEW QUESTION # 1328
Which earned value management (EVM) metric is a measure of the cost efficiency of budgeted resources expressed as a ratio of earned value (EV) to actual cost (AC) and is considered a critical EVM metric?
- A. Cost performance index (CPI)
- B. Variance at completion (VAC)
- C. Budget at completion (BAC)
- D. Cost variance (CV)
Answer: A
Explanation:
According to the PMBOKGuide and the Standard for Project Management, the Cost Performance Index (CPI) is the specific earned value management (EVM) metric that measures the cost efficiency of budgeted resources. It is expressed as the ratio of Earned Value (EV) to Actual Cost (AC).
As per PMI standards, the CPI is considered the most critical EVM metric because it indicates the value of work completed compared to the actual amount spent. It is a primary indicator of project cost performance and is used to predict the final project cost. The formula is:
$$\text{CPI} = \frac{\text{EV}}{\text{AC}}$$
Interpretation of CPI values:
* CPI > 1.0: Indicates that the project is under budget (performing better than planned).
* CPI < 1.0: Indicates that the project is over budget (performing worse than planned).
* CPI = 1.0: Indicates that the project is exactly on budget.
The other options are incorrect based on the following PMI definitions:
* Cost Variance (CV): This is a measure of cost performance expressed as the difference between earned value and actual cost ($\text{CV} = \text{EV} - \text{AC}$). While it measures efficiency, it is an absolute value (currency), not a ratio.
* Budget at Completion (BAC): This is the total planned budget for the project. It is the sum of all budgets established for the work to be performed and serves as the baseline, not a measure of current efficiency.
* Variance at Completion (VAC): This is a projection of the amount of budget deficit or surplus, expressed as the difference between the BAC and the Estimate at Completion (EAC) ($\text{VAC} =
\text{BAC} - \text{EAC}$).
As per the PMI Lexicon of Project Management Terms, the Cost Performance Index is a fundamental component of the Control Costs process, allowing project managers to determine if corrective action is needed to bring the project back within financial constraints.
NEW QUESTION # 1329
......
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