Capm exam knowledge check - Study guides, Class notes & Summaries

A Guide to the Project Management Body of Knowledge (PMBOK Guide) - ANSWER-The PMI publication that defines widely accepted project management practices. The CAPM and the PMP exam are based on this book. Application Areas - ANSWER-The areas of expertise, industry, or function where a project is centered. Examples of application areas include architecture, IT, health care, and manufacturing. Business Value - ANSWER-A quantifiable return on investment. The return can be tangible, such as equ...

CAPM Practice Exam 151 Questions with Verified Answers What includes the reasons for project initiation, objectives and a decision on the project? - CORRECT ANSWER Business Case Crashing - CORRECT ANSWER A technique used to shorten the schedule duration for the least incremental cost by adding resources. Fast-Tracking - CORRECT ANSWER A schedule compression technique in which activities or phases normally done in sequence are performed in parallel for at least a portion of their duratio...

CAPM PRACTICE Exam 89 QUESTIONS with Verified Answers For which of the following project management knowledge areas, accountability cannot be delegated by the project manager to someone else? A. Integration Management B. Schedule Management C. Cost Management D. Scope Management - CORRECT ANSWER A. Integration Management What can be tailored as part of project integration? A The appraisal process of the organization to suit the project team members B The project and development lif...

CAPM Practice 215 Questions with Verified Answers John is a project manager for a newly formed project team. The project team has worked hard for last 4 months and has taken very few leaves. John wants to motivate the team members by informing them that he can give a couple of paid leaves if they complete the Phase-1 deliverables on time. Which theory is applied by John to achieve the result? a) Achievement Theory b) Theory Y c) Expectancy Theory d) Contingency Theory - CORRECT ANSWER c...

CAPM Practice Exam 163 Questions with Verified Answers How many project management processes belong to the Planning Process Group? - CORRECT ANSWER 24 Who should be included in a project schedule development meeting? - CORRECT ANSWER Team members, sponsors, selected stakeholders, and those with scheduling or executing duties The completion of the project scope is measured against which of the following? - CORRECT ANSWER Product requirements Which of the following are communication te...

CAPM PRACTICE EXAM 3|197 Questions with Verified Answers "QUESTION NO: 1 Power, urgency and legitimacy are attributes of which stakeholder classification model? salience influence/impact power/interest power/influence - CORRECT ANSWER Power, urgency and legitimacy are attributes of which stakeholder classification model? salience "QUESTION NO: 2 Through whom do project managers accomplish work? consultants and stakeholders stakeholders and functional managers project team...

CAPM Practice Exam 265 Questions with Verified Answers Which of the following is the process of monitoring the status of the project to update the project schedule and manage changes to the schedule? - CORRECT ANSWER Control schedule Risk transference nearly often involves: - CORRECT ANSWER Payment of a risk premium to the party taking on the risk The interaction of the various system components creates the organizational culture and capabilities that are important for the project. Whic...

CAPM 7th Edition Practice Exam 22 Questions with Verified Answers The issues you are facing on your project could have been predicted if a formal risk management process was used. Which document would have been most useful to you along the entire risk management process, from identifying risks to planning and implementing responses to monitoring risks? A Risk register B List of risk triggers C Risk mitigation D Decision tree - CORRECT ANSWER Risk register - A risk register is a repository...

CAPM Exam Prep, PMI, PMBOK 6th Edition 1297 Questions with Verified Answers 360-degree appraisal - CORRECT ANSWER A performance review completed by a person's peers, manager, and subordinates. It's called a 360-degree appraisal as it's a circle of reviews by people at different levels of an organization. Acceptance - CORRECT ANSWER This is a response to a risk event, generally made when the probability of the event and/or impact are small. It is used when mitigation, transference, or av...

CAPM Practice Exam 436 Questions with Verified Answers Events that cannot occur together in a single trial are known as : - CORRECT ANSWER Mutually Exclusive A project that is experiencing constant Communication Blockers is most likely to - CORRECT ANSWER Have conflict occur A project manager is going to use the milestone chart. In what situation is it most relevant to use the milestone chart? - CORRECT ANSWER When reporting to senior management You are due to start work on a new pro...