This page was exported from Free valid test braindumps [ http://free.validbraindumps.com ] Export date:Sat Apr 5 14:13:59 2025 / +0000 GMT ___________________________________________________ Title: [Q485-Q506] View CAPM Exam Question Dumps With Latest Demo [May 26, 2024] --------------------------------------------------- View CAPM Exam Question Dumps With Latest Demo [May 26, 2024] Free CAPM Test Questions Real Practice Test Questions QUESTION 485How can a project manager determine if the project activities comply with organizational and project policies, processes, and procedures?  Look at the quality metrics  Validate the scope  Review the quality checklist  Conduct a quality audit Section: Volume EQUESTION 486Which of the following is a tool and technique used in the Develop Schedule process?  Three-point estimates  Resource leveling  Precedence diagramming method  Bottom-up estimating QUESTION 487A project manager requesting industry groups and consultants to recommend project intervention is relying on:  Communication models.  Stakeholder participation.  Expert judgment  Enterprise environmental factors. Explanation/Reference:Explanation:4.1.2.1 Expert JudgmentDefinition: Judgment is often used to assess the inputs used to develop the project charter. Expert judgment is applied to all technical and management details during this process. Such expertise is provided by any group or individual with specialized knowledge or training and is available from many sources, including:Other units within the organization,Consultants,Stakeholders, including customers or sponsors,Professional and technical associations,Industry groups,Subject matter experts (SME), andProject management office (PMO).QUESTION 488The initial development of a Project Scope Management plan uses which technique?  Alternatives identification  Scope decomposition  Expert judgment  Product analysis Explanation/Reference:Explanation:4.1.2.1 Expert JudgmentExpert judgment is often used to assess the inputs used to develop the project charter. Expert judgment is applied to all technical and management details during this process. Such expertise is provided by any group or individual with specialized knowledge or training and is available from many sources, including:Other units within the organization,Consultants,Stakeholders, including customers or sponsors,Professional and technical associations,Industry groups,Subject matter experts (SME), andProject management office (PMO).QUESTION 489Which input may influence quality assurance work and should be monitored within the context of a system for configuration management?  Work performance data  Project documents  Scope baseline  Requirements documentation Explanation/Reference:Explanation:Configuration control is focused on the specification of both the deliverables and the processes; while change control is focused on identifying, documenting, and approving or rejecting changes to the project documents, deliverables, or baselines.Some of the configuration management activities included in the Perform Integrated Change Control process are as follows:Configuration identification. Identification and selection of a configuration item to provide the basis forwhich the product configuration is defined and verified, products and documents are labeled, changes are managed, and accountability is maintained.Configuration status accounting. Information is recorded and reported as to when appropriate dataabout the configuration item should be provided. This information includes a listing of approved configuration identification, status of proposed changes to the configuration, and the implementation status of approved changes.Configuration verification and audit. Configuration verification and configuration audits ensure thecomposition of a project’s configuration items is correct and that corresponding changes are registered, assessed, approved, tracked, and correctly implemented. This ensures the functional requirements defined in the configuration documentation have been met.QUESTION 490Which tool or technique is required in order to determine the project budget?  Cost of quality  Historical relationships  Project management software  Forecasting Section: Volume BExplanation:7.3.2.4 Historical RelationshipsAny historical relationships that result in parametric estimates or analogous estimates involve the use of project characteristics (parameters) to develop mathematical models to predict total project costs. Such models may be simple (e.g., residential home construction is based on a certain cost per square foot of space) or complex (e.g., one model of software development costing uses multiple separate adjustment factors, each of which has numerous points within it).Both the cost and accuracy of analogous and parametric models can vary widely. They are most likely to be reliable when:Historical information used to develop the model is accurate,Parameters used in the model are readily quantifable, andModels are scalable, such that they work for large projects, small projects, and phases of a project.Process: 7.3 Determine BudgetDefinition: The process of aggregating the estimated costs of individual activities or work packages to establish an authorized cost baseline.Key Benefit: The key benefit of this process is that it determines the cost baseline against which project performance can be monitored and controlled.Inputs1. Cost management plan2. Scope baseline3. Activity cost estimates4. Basis of estimates5. Project schedule6. Resource calendars7. Risk register8. Agreements9. Organizational process assetsTools & Techniques1. Cost aggregation2. Reserve analysis3. Expert judgment4. Historical relationships5. Funding limit reconciliationOutputs1. Cost baseline2. Project funding requirements3. Project documents updatesQUESTION 491Which type of dependency used in the Sequence Activities process is sometimes referred to as preferred logic, preferential logic, or soft logic?  Internal  External  Discretionary  Mandatory QUESTION 492Which type of contract is a hybrid of both a cost-reimbursable and a fixed-price contract?  Cost Plus Award Fee Contract (CPAF)  Firm-Fixed -Price Contract (FFP)  Time and Material Contract (T&M)  Cost Plus Incentive Fee Contract (CPIF) QUESTION 493A project manager providing information to the right audience, in the right format, at the right time is an example of which type of communication?  Efficient  Effective  Push  Pull QUESTION 494Which type of contract gives both the seller and the buyer flexibility to deviate from performance with financial incentives?  Cost Plus Incentive Fee (CPIF)  Fixed Price Incentive Fee (FPIF)  Cost Pius Award Fee (CPAF)  Time and Material (T&M) Section: Volume AExplanation/Reference:Explanation:Fixed Price Incentive Fee Contracts (FPIF). This fixed-price arrangement gives the buyer and seller some flexibility in that it allows for deviation from performance, with financial incentives tied to achieving agreed upon metrics. Typically such financial incentives are related to cost, schedule, or technical performance of the seller.Performance targets are established at the outset, and the final contract price is determined after completion of all work based on the seller’s performance. Under FPIF contracts, a price ceiling is set, and all costs above the price ceiling are the responsibility of the seller, who is obligated to complete the work.QUESTION 495Stakeholders can be identified in later stages of the project because the Identify Stakeholders process should be:  Continuous  Discrete  Regulated  Arbitrary QUESTION 496Definitions of probability and impact, revised stakeholder tolerances, and tracking are components of which subsidiary plan?  Cost management plan  Quality management plan  Communications management plan  Risk management plan QUESTION 497The product scope description is used to:  Gain stakeholders’ support for the project.  Progressively elaborate the characteristics of the product, service, or result.  Describe the project in great detail.  Define the process and criteria for accepting a completed product, service, or result. Section: Volume CExplanationExplanation:5.3.3.1 Project Scope StatementThe project scope statement is the description of the project scope, major deliverables, assumptions, and constraints. The project scope statement documents the entire scope, including project and product scope. It describes, in detail, the project’s deliverables and the work required to create those deliverables. It also provides a common understanding of the project scope among project stakeholders. It may contain explicit scope exclusions that can assist in managing stakeholder expectations. It enables the project team to perform more detailed planning, guides the project team’s work during execution, and provides the baseline for evaluating whether requests for changes or additional work are contained within or outside the project’s boundaries.The degree and level of detail to which the project scope statement defines the work that will be performed and the work that is excluded can help determine how well the project management team can control the overall project scope. The detailed project scope statement, either directly, or by reference to other documents, includes the following:Product scope description. Progressively elaborates the characteristics of the product, service, or resultdescribed in the project charter and requirements documentation.Acceptance criteria. A set of conditions that is required to be met before deliverables are accepted.Deliverable. Any unique and verifiable product, result, or capability to perform a service that is required to beproduced to complete a process, phase, or project. Deliverables also include ancillary results, such as project management reports and documentation. These deliverables may be described at a summary level or in great detail.QUESTION 498The following is a network diagram for a project.How many possible paths are identified for this project?  3  4  6  7 QUESTION 499Which tool or technique is used in the Plan Scope Management process?  Document analysis  Observations  Product analysis  Expert judgment QUESTION 500Changes to formally controlled documentation, plans, etc. to reflect modified or additional ideas or content are known as:  updates.  defect repairs.  preventive actions.  corrective actions. QUESTION 501Which of the following is an output of the Define Activities process?  Activity list  Project plan  Activity duration estimates  Project schedule Section: Volume CExplanation:Process: 6.2 Define ActivitiesDefinition: The process of identifying and documenting the specific actions to be performed to produce the project deliverables.Key Benefit: The key benefit of this process is to break down work packages into activities that provide a basis for estimating, scheduling, executing, monitoring, and controlling the project work.Inputs1. Schedule management plan2. Scope baseline3. Enterprise environmental factors4. Organizational process assetsTools & Techniques1. Decomposition2. Rolling wave planning3. Expert judgmentOutputs1. Activity list2. Activity attributes3. Milestone listQUESTION 502With regard to a project manager’s sphere of influence in a project, which of the following does the project manager influence most directly?  Suppliers  Customers  Governing bodies  Project team Section: Volume EQUESTION 503Which project risk listed in the table below is most likely to occur?  1  2  3  4 QUESTION 504How can a project manager maintain the engagement of stakeholders in a project with a high degree of change?  Monitor project stakeholder relationships using engaging strategies and plans  Send all project documents to stakeholders each time they are modified  Schedule monthly meetings with the stakeholders, including team members  Engage only with the project sponsors QUESTION 505Which of the following tools and techniques is used in the Develop Project Team process?  Acquisitions  Organizational theories  Team-building activities  Virtual teams QUESTION 506The Agile principle “welcome changing requirements, even late in development” relates to which agile manifesto?  Working software over comprehensive documentation  Individuals and interactions over processes and tools  Customer collaboration over contract negotiation  Responding to change over following a plan Section: Volume EExplanation/Reference: Loading … View All CAPM Actual Free Exam Questions Updated: https://www.validbraindumps.com/CAPM-exam-prep.html --------------------------------------------------- Images: https://free.validbraindumps.com/wp-content/plugins/watu/loading.gif https://free.validbraindumps.com/wp-content/plugins/watu/loading.gif --------------------------------------------------- --------------------------------------------------- Post date: 2024-05-26 12:10:34 Post date GMT: 2024-05-26 12:10:34 Post modified date: 2024-05-26 12:10:34 Post modified date GMT: 2024-05-26 12:10:34