2023 Correct Practice Tests of CAPM Dumps with Practice Exam
Certification Sample Questions of CAPM Dumps With 100% Exam Passing Guarantee
PMI CAPM certification is an excellent way for individuals to gain a solid foundation in project management and demonstrate their commitment to professional excellence. Certified Associate in Project Management (CAPM) certification exam is rigorous and covers a wide range of topics, making it an excellent way for individuals to demonstrate their knowledge and skills in project management. Certified Associate in Project Management (CAPM) certification can lead to new career opportunities and increased earning potential, making it an excellent investment in an individual's professional development.
NEW QUESTION # 430
Which Process Group contains the processes performed to complete the work defined in the project management plan to satisfy the project specifications?
- A. Closing
- B. Executing
- C. Initiating
- D. Planning
Answer: B
Explanation:
Section: Volume E
NEW QUESTION # 431
A project lifecycle is defined as:
- A. a recognized standard for the project management profession.
- B. the application of knowledge, skills, tools, and techniques to project activities to meet the project requirements.
- C. a process required to ensure that the project includes all the work required, and only the work required, to complete the project successfully.
- D. a collection of generally sequential and sometimes overlapping project phases.
Answer: D
Explanation:
Section: Volume E
Explanation/Reference:
Explanation:
2.4 Project Life Cycle
A project life cycle is the series of phases that a project passes through from its initiation to its closure. The phases are generally sequential, and their names and numbers are determined by the management and control needs of the organization or organizations involved in the project, the nature of the project itself, and its area of application. The phases can be broken down by functional or partial objectives, intermediate results or deliverables, specific milestones within the overall scope of work, or financial availability. Phases are generally time bounded, with a start and ending or control point. A life cycle can be documented within a methodology.
The project life cycle can be determined or shaped by the unique aspects of the organization, industry, or technology employed.
While every project has a definite start and a definite end, the specific deliverables and activities that take place in between will vary widely with the project. The life cycle provides the basic framework for managing the project, regardless of the specific work involved.
NEW QUESTION # 432
Identify Risks is part of which Process Group?
- A. Closing
- B. Planning
- C. Executing
- D. Initiating
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Planning Process Group
4.2 Develop Project Management Plan
5.1 Plan Scope Management
5.2 Collect Requirements
5.3 Define Scope
5.4 Create WBS
6.1 Plan Schedule Management
6.2 Define Activities
6.3 Sequence Activities
6.4 Estimate Activity Resources
6.5 Estimate Activity Durations
6.6 Develop Schedule
7.1 Plan Cost Management
7.2 Estimate Costs
7.3 Determine Budget
8.1 Plan Quality Management
9.1 Plan Human Resource Management
10.1 Plan Communications Management
11.1 Plan Risk Management
11.2 Identify Risks
11.3 Perform Qualitative Risk Analysis
11.4 Perform Quantitative Risk Analysis
11.5 Plan Risk Responses
12.1 Plan Procurement Management
13.2 Plan Stakeholder Management
NEW QUESTION # 433
The Project Management Process Group in which performance is observed and measured regularly from project initiation through completion is:
- A. Monitoring and Controlling.
- B. Initiating,
- C. Planning.
- D. Executing.
Answer: A
Explanation:
Section: Volume D
NEW QUESTION # 434
Labor, materials, equipment, and supplies are examples of:
- A. Resource attributes.
- B. Resource categories.
- C. Resource types.
- D. Resource breakdown structures (RBS).
Answer: B
Explanation:
Section: Volume D
Explanation:
6.4.3.2 Resource Breakdown Structure
The resource breakdown structure is a hierarchical representation of resources by category and type.
Examples of resource categories include labor, material, equipment, and supplies. Resource types may include the skill level, grade level, or other information as appropriate to the project. The resource breakdown structure is useful for organizing and reporting project schedule data with resource utilization information.
NEW QUESTION # 435
Identifying major deliverables, deciding if adequate cost estimates can be developed, and identifying tangible components of each deliverable are all part of which of the following?
- A. Resource breakdown structure
- B. Bill of materials
- C. Organizational breakdown structure
- D. Work breakdown structure
Answer: D
NEW QUESTION # 436
What type of project structure is a hierarchically organized depiction of the resources by type?
- A. Work breakdown structure (WBS)
- B. Organizational breakdown structure (OBS)
- C. Resource breakdown structure (RBS)
- D. Project breakdown structure (PBS)
Answer: C
Explanation:
Section: Volume C
Explanation:
6.4.3.2 Resource Breakdown Structure
The resource breakdown structure is a hierarchical representation of resources by category and type.
Examples of resource categories include labor, material, equipment, and supplies. Resource types may include the skill level, grade level, or other information as appropriate to the project. The resource breakdown structure is useful for organizing and reporting project schedule data with resource utilization information.
NEW QUESTION # 437
A benefit of using virtual teams in the Acquire Project Team process is the reduction of the:
- A. costs associated with technology
- B. costs associated with travel
- C. possibility of communication misunderstandings
- D. cultural differences of team members
Answer: B
NEW QUESTION # 438
Which schedule network analysis technique modifies the project schedule to account for limited resources?
- A. Human resource planning
- B. Rolling wave planning
- C. Critical chain method
- D. Fast tracking
Answer: C
Explanation:
Explanation/Reference:
Explanation:
6.6.2.3 Critical Chain Method
The critical chain method (CCM) is a schedule method that allows the project team to place buffers on any project schedule path to account for limited resources and project uncertainties. It is developed from the critical path method approach and considers the effects of resource allocation, resource optimization, resource leveling, and activity duration uncertainty on the critical path determined using the critical path method. To do so, the critical chain method introduces the concept of buffers and buffer management. The critical chain method uses activities with durations that do not include safety margins, logical relationships, and resource availability with statistically determined buffers composed of the aggregated safety margins of activities at specified points on the project schedule path to account for limited resources and project uncertainties. The resource-constrained critical path is known as the critical chain.
NEW QUESTION # 439
Which of the following is a statistical concept that calculates the average outcome when the future includes scenarios that may or may not happen?
- A. Expected monetary value analysis
- B. Sensitivity analysis
- C. Three-point estimate
- D. Modeling and simulation
Answer: A
NEW QUESTION # 440
Using the following data, what is the Schedule Performance Index (SPI)?
EV= $500
PV= $750
AC= $1000
BAC= $1200
- A. 0.75
- B. 1.5
- C. 0.5
- D. 0.67
Answer: D
NEW QUESTION # 441
Which process involves determining, documenting, and managing stakeholders' needs and requirements to meet project objectives?
- A. Define Activities
- B. Plan Scope Management
- C. Collect Requirements
- D. Define Scope
Answer: C
NEW QUESTION # 442
A project manager uses their networking skills to build agreement with a difficult stakeholder. What level of influence did the project manager apply?
- A. Project level
- B. Industry level
- C. Influential level
- D. Organizational level
Answer: B
Explanation:
Section: Volume E
NEW QUESTION # 443
One of the key benefits of the Plan Human Resource Management process is that it:
- A. improves teamwork, interpersonal skills, and competencies.
- B. establishes project roles and responsibilities.
- C. outlines team selection guidelines and team member responsibilities.
- D. provides an accurate appraisal of team member performance.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Process: 9.1 Plan Human Resource Management
Definition: The process of identifying and documenting project roles, responsibilities, required skills, reporting relationships, and creating a staffing management plan.
Key Benefit: The key benefit of this process is that it establishes project roles and responsibilities, project organization charts, and the staffing management plan including the timetable for staff acquisition and release.
Inputs
1. Project management plan
2. Activity resource requirements
3. Enterprise environmental factors
4. Organizational process assets
Tools & Techniques
1. Organization charts and position descriptions
2. Networking
3. Organizational theory
4. Expert judgment
5. Meetings
Outputs
1. Human resource management plan
NEW QUESTION # 444
Regression analysis, failure mode and effect analysis (FMEA), fault tree analysis (FTA), and trend analysis are examples of which tool or technique?
- A. Analytical techniques
- B. Expert judgment
- C. Earned value management
- D. Forecasting methods
Answer: A
Explanation:
Explanation/Reference:
Explanation:
4.4.2.2 Analytical Techniques
Analytical techniques are applied in project management to forecast potential outcomes based on possible variations of project or environmental variables and their relationships with other variables. Examples of analytical techniques used in projects are:
Regression analysis,
Grouping methods,
Causal analysis,
Root cause analysis,
Forecasting methods (e.g., time series, scenario building, simulation, etc.),
Failure mode and effect analysis (FMEA),
Fault tree analysis (FTA),
Reserve analysis,
Trend analysis,
Earned value management, and
Variance analysis.
NEW QUESTION # 445
The process improvement plan details the steps for analyzing processes to identify activities which enhance their:
- A. value.
- B. technical performance.
- C. quality.
- D. status.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
8.1.3.2 Process Improvement Plan
The process improvement plan is a subsidiary or component of the project management plan (Section
4.2.3.1).
The process improvement plan details the steps for analyzing project management and product development processes to identify activities that enhance their value.
Areas to consider include:
Process boundaries. Describe the purpose of the process, the start and end of the process, its inputs
and outputs, the process owner, and the stakeholders of the process.
Process configuration. Provides a graphic depiction of processes, with interfaces identified, used to
facilitate analysis.
Process metrics. Along with control limits, allows analysis of process efficiency.
Targets for improved performance. Guide the process improvement activities.
NEW QUESTION # 446
Sharing good practices introduced or implemented in similar projects in the organization and/or industry is an example of:
- A. process analysis
- B. benchmarking
- C. quality audits
- D. statistical sampling
Answer: C
NEW QUESTION # 447
The following is a network diagram for a project.
The shortest non-critical path for the project is how many days in duration?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: A
NEW QUESTION # 448
Which is the correct formula for calculating expected activity cost for three-point estimating?
- A. Ce = (C0 + 4Cm + Cp)/6
- B. Ce = (6C0 + Cm + Cp)/4
- C. Ce = (C0 + 6Cm + Cp)/4
- D. Ce = (C0 + C„, + 4Cp) /6
Answer: A
Explanation:
Section: Volume D
Explanation:
6.5.2.4 Three-Point Estimating
The accuracy of single-point activity duration estimates may be improved by considering estimation uncertainty and risk. This concept originated with the program evaluation and review technique (PERT). PERT uses three estimates to define an approximate range for an activity's duration:
Most likely (tM). This estimate is based on the duration of the activity, given the resources likely to be
assigned, their productivity, realistic expectations of availability for the activity, dependencies on other participants, and interruptions.
Optimistic (tO). The activity duration based on analysis of the best-case scenario for the activity.
Pessimistic (tP). The activity duration based on analysis of the worst-case scenario for the activity.
Depending on the assumed distribution of values within the range of the three estimates the expected duration, tE, can be calculated using a formula. Two commonly used formulas are triangular and beta distributions. The formulas are:
Triangular Distribution. tE = (tO + tM + tP) / 3
Beta Distribution (from the traditional PERT technique). tE = (tO + 4tM + tP) / 6
Duration estimates based on three points with an assumed distribution provide an expected duration and clarify the range of uncertainty around the expected duration.
NEW QUESTION # 449
Which Control Quality tool is also known as an arrow diagram?
- A. Activity network diagram
- B. Matrix diagram
- C. Affinity diagram
- D. Tree diagram
Answer: A
Explanation:
Explanation/Reference:
Explanation:
8.2.2.1 Quality Management and Control Tools
The Perform Quality Assurance process uses the tools and techniques of the Plan Quality Management and Control Quality processes. In addition, other tools that are available include (see also Figure 8-10):
Affinity diagrams. The affinity diagram is similar to mind-mapping techniques in that they are used to
generate ideas that can be linked to form organized patterns of thought about a problem. In project management, the creation of the WBS may be enhanced by using the affinity diagram to give structure to the decomposition of scope.
Process decision program charts (PDPC). Used to understand a goal in relation to the steps for
getting to the goal. The PDPC is useful as a method for contingency planning because it aids teams in anticipating intermediate steps that could derail achievement of the goal.
Interrelationship digraphs. An adaptation of relationship diagrams. The interrelationship digraphs
provide a process for creative problem solving in moderately complex scenarios that possess intertwined logical relationships for up to 50 relevant items. The interrelationship digraph may be developed from data generated in other tools such as the affinity diagram, the tree diagram, or the fshbone diagram.
Tree diagrams. Also known as systematic diagrams and may be used to represent decomposition
hierarchies such as the WBS, RBS (risk breakdown structure), and OBS (organizational breakdown structure). In project management, tree diagrams are useful in visualizing the parent-to-child relationships in any decomposition hierarchy that uses a systematic set of rules that define a nesting relationship. Tree diagrams can be depicted horizontally (such as a risk breakdown structure) or vertically (such as a team hierarchy or OBS). Because tree diagrams permit the creation of nested branches that terminate into a
single decision point, they are useful as decision trees for establishing an expected value for a limited number of dependent relationships that have been diagramed systematically.
Prioritization matrices. Identify the key issues and the suitable alternatives to be prioritized as a set of
decisions for implementation. Criteria are prioritized and weighted before being applied to all available alternatives to obtain a mathematical score that ranks the options.
Activity network diagrams. Previously known as arrow diagrams. They include both the AOA (Activity
on Arrow) and, most commonly used, AON (Activity on Node) formats of a network diagram. Activity network diagrams are used with project scheduling methodologies such as program evaluation and review technique (PERT), critical path method (CPM), and precedence diagramming method (PDM).
Matrix diagrams. A quality management and control tool used to perform data analysis within the
organizational structure created in the matrix. The matrix diagram seeks to show the strength of relationships between factors, causes, and objectives that exist between the rows and columns that form the matrix.
NEW QUESTION # 450
Which is a tool or technique used in Define Scope?
- A. Project assumptions
- B. Product analysis
- C. Templates, forms, and standards
- D. Change requests
Answer: B
Explanation:
Section: Volume C
Explanation:
Process: 5.3 Define Scope
Definition: The process of developing a detailed description of the project and product.
Key Benefit: The key benefit of this process is that it describes the product, service, or result boundaries by defining which of the requirements collected will be included in and excluded from the project scope.
Inputs
1. Scope management plan
2. Project charter
3. Requirements documentation
4. Organizational process assets
Tools & Techniques
1. Expert judgment
2. Product analysis
3. Alternatives generation
4. Facilitated workshops
Outputs
1. Project scope statement
2. Project documents updates
NEW QUESTION # 451
Which project document is updated in the Control Stakeholder Engagement process?
- A. Lessons learned documentation
- B. Issue log
- C. Project reports
- D. Work performance information
Answer: B
Explanation:
Explanation/Reference:
Explanation:
13.4.1.2 Issue Log
Described in Section 13.3.3.1. The issue log is updated as new issues are identified and current issues are resolved.
9.4.1.4 Issue Log
Issues arise in the course of managing the project team. An issue log can be used to document and monitor who is responsible for resolving specific issues by a target date.
Process: 13.4 Control Stakeholder Engagement
Definition: The process of monitoring overall project stakeholder relationships and adjusting strategies and plans for engaging stakeholders.
Key Benefit: The key benefit of this process is that it will maintain or increase the efficiency and effectiveness of stakeholder engagement activities as the project evolves and its environment changes.
Inputs
1. Project management plan
2. Issue log
3. Work performance data
4. Project documents
Tools & Techniques
1. Information management systems
2. Expert judgment
3. Meetings
Outputs
1. Work performance information
2. Change requests
3. Project management plan updates
4. Project documents updates
5. Organizational process assets updates
NEW QUESTION # 452
What name(s) is (are) associated with the Plan-Do-Check-Act cycle?
- A. Ishikawa
- B. Delphi
- C. Pareto
- D. Shewhart-Deming
Answer: D
Explanation:
Section: Volume C
NEW QUESTION # 453
......
CAPM Sample Practice Exam Questions 2023 Updated Verified: https://www.validvce.com/CAPM-exam-collection.html
Pass Key features of CAPM Course with Updated 899 Questions: https://drive.google.com/open?id=1R4Lpx7ajBc4aAI17UFEqbaPi4mIsOD2W
