P.S. Free & New CAPM dumps are available on Google Drive shared by GetValidTest: https://drive.google.com/open?id=1mc3wSQ0shsxmK4X6qcgkv1t8zShQEeXg
Our PMI experts also guarantee that anyone who studies well enough from the prep material will pass the PMI Exams on the first try. We have kept the price of our Certified Associate in Project Management (CAPM) (CAPM) exam prep material very reasonable compared to other platforms so as not to stretch your tight budget further. And we also offer up to 1 year of free updates. A demo version of the preparation material is available on the website so that you can verify the validity of the product before obtaining them.
| Section | Weight | Objectives |
|---|---|---|
| Predictive Plan-Based Methodologies | 17% | - Scope, schedule, and cost planning
|
| Project Management Fundamentals and Core Concepts | 36% | - Project life cycle and phases
|
| Agile Frameworks and Methodologies | 20% | - Scrum and Kanban basics
|
| Business Analysis Frameworks | 27% | - Stakeholder engagement
|
Have tough-minded boy only, ability appeases billows, hoist the sails Yuan Hang. Our PMI CAPM exam dumps are the first step to bring you achievement. It provides you with pdf real questions and answers. By choosing it, you must put through PMI CAPM Certification that other people think it is very difficult. After you get the certification, you can lighten your heart and start a new journey.
NEW QUESTION # 394
Which basic quality tool explains a change in the dependent variable in relationship to a change observed in the corresponding independent variable?
Answer: B
Explanation:
Section: Volume B
Explanation:
* Scatter diagrams, plot ordered pairs (X, Y) and are sometimes called correlation charts because they seek to explain a change in the dependent variable, Y, in relationship to a change observed in the corresponding independent variable, X. The direction of correlation may be proportional (positive correlation), inverse (negative correlation), or a pattern of correlation may not exist (zero correlation). If correlation can be established, a regression line can be calculated and used to estimate how a change to the independent variable will influence the value of the dependent variable.
NEW QUESTION # 395
The process of monitoring the status of the project and product scope as well as managing the changes to the scope baseline is known as:
Answer: B
Explanation:
Section: Volume B
Explanation:
5.4.3.1 Scope Baseline
The scope baseline is the approved version of a scope statement, work breakdown structure (WBS), and its associated WBS dictionary, that can be changed only through formal change control procedures and is used as a basis for comparison. It is a component of the project management plan. Components of the scope baseline include:
Project scope statement. The project scope statement includes the description of the project scope, major
deliverables, assumptions, and constraints.
WBS. The WBS is a hierarchical decomposition of the total scope of work to be carried out by the project
team to accomplish the project objectives and create the required deliverables. Each descending level of the WBS represents an increasingly detailed definition of the project work. The WBS is finalized by assigning each work package to a control account and establishing a unique identifier for that work package from a code of accounts. These identifiers provide a structure for hierarchical summation of costs, schedule, and resource information. A control account is a management control point where scope, budget, actual cost, and schedule are integrated and compared to the earned value for performance measurement. Control accounts are placed at selected management points in the WBS. Each control account may include one or more work packages, but each of the work packages should be associated with only one control account. A control account may include one or more planning packages. A planning package is a work breakdown structure component below the control account with known work content but without detailed schedule activities.
WBS dictionary. The WBS dictionary is a document that provides detailed deliverable, activity, and
scheduling information about each component in the WBS. The WBS dictionary is a document that supports the WBS. Information in the WBS dictionary may include, but is not limited to:
○ Code of account identifier,
○ Description of work,
○ Assumptions and constraints,
○ Responsible organization,
○ Schedule milestones,
○ Associated schedule activities,
○ Resources required,
○ Cost estimates,
○ Quality requirements,
○ Acceptance criteria,
○ Technical references, and
○ Agreement information
Process: 5.6 Control Scope
Definition: The process of monitoring the status of the project and product scope and managing changes to the scope baseline.
Key Benefit: The key benefit of this process is that it brings objectivity to the acceptance process and increases the chance of final product, service, or result acceptance by validating each deliverable.
Inputs
1. Project management plan
2. Requirements documentation
3. Requirements traceability matrix
4. Work performance data
5. Organizational process assets
Tools & Techniques
1. Variance analysis
Outputs
1. Work performance information
2. Change requests
3. Project management plan updates
4. Project documents updates
5. Organizational process assets updates
NEW QUESTION # 396
What name(s) is (are) associated with the Plan-Do-Check-Act cycle?
Answer: A
Explanation:
According to the PMBOKGuide, specifically within the Project Quality Management Knowledge Area, the Plan-Do-Check-Act (PDCA) cycle is a foundational concept for iterative improvement.
The names most commonly associated with this cycle are Walter Shewhart and Edwards Deming.
* Walter Shewhart: Originally developed the concept of the " Shewhart Cycle " at Bell Laboratories in the 1920s, focusing on the application of statistical methods to quality control.
* Edwards Deming: Often called the " father of modern quality control, " Deming promoted and popularized the cycle in Japan in the 1950s. He referred to it as the " Shewhart Cycle " for learning and improvement, though it eventually became known globally as the Deming Cycle or PDCA.
* The PDCA Stages:
* Plan: Establish the objectives and processes necessary to deliver results.
* Do: Implement the plan, execute the processes, and make the product.
* Check: Study the actual results and compare against the expected results to identify differences.
* Act: Request corrective actions on significant differences between actual and planned results.
Analysis of other choices:
* Choice A (Pareto): Vilfredo Pareto is associated with the Pareto Principle (the 80/20 rule) and Pareto Charts, which are used to identify the " vital few " sources of problems in a process.
* Choice B (Ishikawa): Kaoru Ishikawa developed the Cause-and-Effect Diagram (also known as the Fishbone or Ishikawa diagram) used for identifying the root causes of quality problems.
* Choice D (Delphi): The Delphi Technique is a communication framework used for gathering expert judgment anonymously to reach a consensus, often used in risk identification or estimating.
NEW QUESTION # 397
The risk shared between the buyer and seller is determined by the:
Answer: C
Explanation:
According to the PMBOKGuide, specifically within Project Procurement Management, the selection of the contract type is the primary mechanism for determining how risk is allocated between the buyer and the seller.
* Contract Type and Risk Allocation: Different contract types place different levels of risk on either party.
* Fixed-Price Contracts (FP): The seller carries the highest risk. If the costs of production increase, the seller ' s profit decreases, as the price is set.
* Cost-Reimbursable Contracts (CR): The buyer carries the highest risk. The buyer must pay the seller for all legitimate actual costs, meaning if costs overrun, the buyer pays more.
* Time and Material Contracts (TandM): The risk is shared more evenly, though often favoring the seller for small-scale efforts. The buyer risks cost overruns on hours, while the seller risks being unable to complete the work if the buyer stops the contract.
* The Incentive Mechanism: Many contracts include incentives (like Fixed Price Incentive Fee or Cost Plus Incentive Fee) specifically designed to share the risks and rewards of performance, schedule, and cost control between both parties.
Analysis of Other Options:
* A. assumption log: This document records high-level assumptions and constraints. While it may contain information about external risks, it does not legally define the sharing of financial or performance risk between two parties.
* B. quality checklist: This is a tool used in Quality Control to verify that a set of required steps has been performed. It has no bearing on risk sharing or procurement structures.
* C. risk register: While the Risk Register identifies and analyzes risks, and may note that a risk is " transferred " via a contract, the actual determination and legal enforcement of how that risk is shared is established by the Contract Type itself.
NEW QUESTION # 398
What can increase the complexity of the Manage Stakeholder Engagement process?
Answer: B
Explanation:
Section: Volume E
NEW QUESTION # 399
......
For candidates who want to get the certificate of the exam, choosing a proper CAPM learning material is important. We will provide you the CAPM learning with high accuracy and high quality. If you fail to pass the exam, money back guarantee and it will returning to your account, and if you have any questions about the CAPM Exam Dumps, our online service staff will help to solve any problem you have, just contact us without any hesitation.
CAPM Mock Exam: https://www.getvalidtest.com/CAPM-exam.html
P.S. Free & New CAPM dumps are available on Google Drive shared by GetValidTest: https://drive.google.com/open?id=1mc3wSQ0shsxmK4X6qcgkv1t8zShQEeXg