Pm practice exam - Study guides, Class notes & Summaries

CAPM PRACTICE EXAM 4 Questions and Answers 2023/2024 (100%Verified). A001. All the following statements about time and materials contracts are true except: a. they are a hybrid type of arrangement that contains aspects of both costreimbursable and fixed-price arrangements b. the seller receives a profit in addition to being reimbursed for allowable costs c. the full value of the agreement is not defined at contract award d. the exact quantity of items to be delivered is not defined at contr...

Select the best description of the planning process group The process(es) required to establish the scope of the project, refine the objectives, and define the course of action required to attain the objectives that the project was undertaken to achieve. The process(es) required to establish the scope of the project, refine the objectives, and define the course of action required to include in the project charter The process(es) performed to define a new project or a phase of an existin...

AIPMM - CPM PRACTICE EXAM QUESTIONS AND ANSWERS ALREADY PASSED Nature and characteristic of a service intangibility inseparability variability perishability What are the 4 Kotler's Market Strategies? Product Price Promotion Place What are Porter's 5 forces? Intensity of Competitive Rivalry Threat of New Entrants Threat of Substitute Bargaining Power of Customers Bargaining Power of Suppliers What are the 7 phases of PLC? Conceive Plan Develop Qualify Launch Del...

CAPM Practice Exam Questions with Correct Answers

CAPM Practice Exam 260 Questions with Verified Answers 3 things that describe role of a PM ?? - CORRECT ANSWER 1. responsible for the final result of the team 2. need to integrate multiple disciplines 3. communicate with team Cost Management Plan has these 3 characteristics - CORRECT ANSWER 1. describes how project costs will be planned, structured, & controlled 2. may specify level of precision, degree to which activity cost estimates will be rounded up or down 3. may specify varia...

AIPMM - CPM PRACTICE EXAM 2024...

CAPM Practice Exam (PMBOK Guide 6th Edition) 2024 Select the best description of the planning process group The process(es) required to establish the scope of the project, refine the objectives, and define the course of action required to attain the objectives that the project was undertaken to achieve. The process(es) required to establish the scope of the project, refine the objectives, and define the course of action required to include in the project charter The process(es) performed ...

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...

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...