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

PMP 101 QUESTIONS AND ANSWERS Questions and Answers #1 A manager and the head of engineering discuss a change to a major work package. After the meeting, the manager contacts you and tells you to complete the paperwork to make the change. This is an example of: A-) Management attention to scope management. B-) Management planning. C-) A project expediter position. D-) A change control system. Answer is C. In this situation, project manager acts as the secretary of the project and does th...

CAPM Practice Exam 430 Questions with Verified Answers D. Throughout the project lifecycle - CORRECT ANSWER When should Project Risk Management be conducted? A. Project Planning B. Monitoring and Controlling C. Quality Planning D. Throughout the project lifecycle B. procurement strategy - CORRECT ANSWER Once the make-or-buy analysis is completed, which document defines the project delivery method? A. Procurement statement of work (SOW) B. Procurement strategy C. Terms of refere...

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 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...

Audits are a very important tool in the Perform Quality Assurance process. Which of the following project activities does not use audits as a technique? A. Documenting the events leading up to the termination of an agreement with a project supplier due to non-performance B. Inspecting project deliverables to validate that they meet quality metrics C. Reviewing the project's bidder conference event to help make the next one even more fair D. Capturing project lessons learned from make-or-buy...

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 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 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 Exam Prep, PMI Questions, PMBOK 6th Edition - CAPM Prep, CAPM Exam Prep 360-degree appraisal - 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 - 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 avoidance are not selec...

IMCA - The Investment Advisor Body of Knowledge + Test Bank_ Readings for the CIMA Certification (2015, Wiley) The Investment Advisor Body of Knowledge Readings for the CIMA® Certification IMCA® INVESTMENT MANAGEMENT CONSULTANTS ASSOCIATION Cover image: © iS / TarapongS Cover design: Wiley Copyright © 2015 by Investment Management Consultants Association. All rights reserved. Published by John Wiley & Sons, Inc., Hoboken, New Jersey. Published simultaneously in Canada. Excerpts ...