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The Certified Associate in Project Management (CAPM) (CAPM) web-based practice test is compatible with these browsers: Chrome, Safari, Internet Explorer, MS Edge, Firefox, and Opera. This Certified Associate in Project Management (CAPM) (CAPM) practice exam does not require any software installation as it is web-based. It has similar specifications to the PMI CAPM desktop-based practice exam software, but it requires an internet connection.
| Section | Weight | Objectives |
|---|---|---|
| Business Analysis Frameworks | 27% | - Stakeholder engagement
|
| Predictive Plan-Based Methodologies | 17% | - Risk and quality management
|
| Agile Frameworks and Methodologies | 20% | - Scrum and Kanban basics
|
| Project Management Fundamentals and Core Concepts | 36% | - Core project management principles
|
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NEW QUESTION # 1147
A project manager is in the process of working with stakeholders to meet their needs and expectations, and identifying and fostering communication and involvement. Which process does this typically represent?
Answer: D
Explanation:
Section: Volume E
Explanation/Reference: https://www.memrise.com/course/352178/pmbok-5-project-management-exam-study/52/
NEW QUESTION # 1148
Which technique is commonly used for the Perform Quantitative Risk Analysis process?
Answer: D
Explanation:
According to the PMBOKGuide, the Perform Quantitative Risk Analysis process is the process of numerically analyzing the effect of identified risks on overall project objectives. This process uses mathematical models to provide a quantitative approach to making decisions in the presence of uncertainty.
* Decision Tree Analysis: This is a core tool and technique of Quantitative Risk Analysis. It is a diagramming and calculation technique for evaluating the implications of a chain of multiple options in the presence of uncertainty. It uses Expected Monetary Value (EMV) analysis to help the project manager calculate the average outcome when the future includes scenarios that may or may not happen.
* Other Quantitative Techniques:
* Monte Carlo Simulation: Used to project the probability of achieving specific cost or schedule targets.
* Sensitivity Analysis: Often displayed as a Tornado Diagram to determine which risks have the most potential impact on the project.
* Distinction from Qualitative Analysis: Quantitative analysis is more complex and data-driven than Qualitative analysis. It is often reserved for large, complex projects or risks that require a high degree of confidence in the contingency reserves.
Analysis of Other Options:
* A. Brainstorming: This is a tool used primarily in Identify Risks, not the numerical analysis of the risks.
* B. Strategies for opportunities: These (Exploit, Share, Enhance, Accept) are used in the Plan Risk Responses process.
* D. Risk data quality assessment: This is a technique used in Perform Qualitative Risk Analysis to evaluate the degree to which the data about risks is useful for risk management.
NEW QUESTION # 1149
Which of the following are processes associated with Project Cost Management?
Answer: D
Explanation:
According to the PMBOKGuide (6th Edition), the Project Cost Management knowledge area is concerned with the processes involved in planning, estimating, budgeting, financing, funding, managing, and controlling costs so that the project can be completed within the approved budget.
There are exactly four processes within this knowledge area:
* Plan Cost Management: The process of defining how the project costs will be estimated, budgeted, managed, monitored, and controlled.
* Estimate Costs: The process of developing an approximation of the monetary resources needed to complete project work.
* Determine Budget: The process of aggregating the estimated costs of individual activities or work packages to establish an authorized cost baseline.
* Control Costs: The process of monitoring the status of the project to update the project costs and managing changes to the cost baseline.
Analysis of Distractors:
* A (Develop Costs): " Develop Costs " is not a recognized PMI process name. The correct term is " Estimate Costs. "
* B (Determine Risks): This process belongs to the Project Risk Management knowledge area.
Additionally, " Develop Budget " is not a formal process name (it is " Determine Budget " ).
* D (Plan Budget Management / Create Cost Accounts): While cost accounts exist within the Work Breakdown Structure (WBS), " Create Cost Accounts " is not a standalone process. " Plan Budget Management " is also incorrect; the process is " Plan Cost Management. " Key Document Reference: Section 7.0 of the PMBOKGuide introduces these four processes as the standard framework for ensuring financial integrity throughout the project life cycle.
NEW QUESTION # 1150
The project manager and the project team are having a meeting with the purpose of identifying risks. Which tools and techniques might help in this process?
Answer: C
Explanation:
Section: Volume E
Explanation/Reference:
NEW QUESTION # 1151
What should a project manager reference to understand where responsibility, accountability, and authority reside within a company?
Answer: A
Explanation:
Section: Volume E
NEW QUESTION # 1152
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