CAPM Exam Prep 2019: 2 Full Real CAPM Exams(300 HQ Questios) Set 3

Which of the following is an input that you will utilize to develop the project charter?


Options are :

  • Project management plan
  • Organizational Process Assets
  • Stakeholder register
  • Project Scope Statement

Answer : Organizational Process Assets

CAPM Exam Prep 2019: 2 Full Real CAPM Exams(300 HQ Questios) Set 4

Which of the following tools and techniques for the Conduct Procurement process is used to check and compare proposed pricing to the benchmark?


Options are :

  • Expert judgment
  • Subject Matter Experts (SMEs)
  • Independent cost estimates
  • Proposal evaluation technique

Answer : Independent cost estimates

The enterprise environmental factors play an essential role during the development of the Resource Management Plan. Which of the following enterprise environmental factors might be most helpful to you in this process?


Options are :

  • Organizational culture, structure, and marketplace conditions.
  • Organizational culture, structure, and safety policies.
  • Human resource policies, procedures, and marketplace conditions.
  • Physical resource management policies and procedures, and historical information.

Answer : Organizational culture, structure, and marketplace conditions.

You are performing the Manage Quality process, and you are using a technique to identify opportunities for process improvements. This technique also examines elements such as constraints, problems, and activities that don't add value to the project in order to identify process improvements and reduce or eliminate the problems with the technical processes. Which of the following is true?


Options are :

  • You are using the quality audit technique.
  • You are using the Design for X technique.
  • You are using a design of experiments tool and technique.
  • You are using the process analysis technique.

Answer : You are using the process analysis technique.

CAPM Exam Prep 2019: 2 Full Real CAPM Exams(300 HQ Questios) Set 5

Which of the following methods should be your first course of action to resolve the issues, especially after negotiations failed to resolve these issues?


Options are :

  • Terminate the contract following the termination procedures mentioned in the contract.
  • Negotiate with the vendor
  • Use the ADR procedures in the contract.
  • Take the vendor to court.

Answer : Use the ADR procedures in the contract.

In your project, the design team is involved in comparing actual or planned project practices or the project’s quality standards to those of comparable projects to identify best practices, generate ideas for improvement, and provide a basis for measuring performance. This is an example of which of the following tools and techniques of plan quality management?


Options are :

  • Bench-marking
  • Quality metrics
  • Cost of quality (COQ)
  • Design of experiments (DOE)

Answer : Bench-marking

Which one of the following is the most preferred method of settling claims and disputes?


Options are :

  • Negotiation
  • Arbitration
  • Mediation
  • Litigation

Answer : Negotiation

CAPM Exam Prep 2019: 2 Full Real CAPM Exams(300 HQ Questios) Set 6

In your project. Suddenly, an unexpected risk event occurred. You quickly devised a response to deal with this negative risk event using which of the following outputs of Control Risks?


Options are :

  • Workaround plans
  • Risk management plan updates
  • Workarounds
  • Corrective action

Answer : Risk management plan updates

Which of the following is considered an output from the Develop Project Team Process?


Options are :

  • Team performance assessments
  • Virtual teams
  • Project Staff Assignments
  • Team building

Answer : Team performance assessments

In your project, if earned value (EV) is $60,000, actual cost (AC) is $85,000, and planned value (PV) is $75,000. What is the approach that you plan to use?


Options are :

  • Over-time
  • Crashing
  • Resource leveling
  • Fast tracking

Answer : Fast tracking

CAPM Exam Prep 2019: 2 Full Real CAPM Exams(300 HQ Questios) Set 7

The most detailed level of the WBS is called:


Options are :

  • WBS element
  • Work package
  • Project Scope
  • Deliverables

Answer : Work package

In your project, if earned value (EV) = 50,000, actual cost (AC) = 30,000, and planned value = 65,000. What can you determine about the project?


Options are :

  • The project is ahead of schedule and under budget
  • The project is ahead of schedule and over budget
  • The project is behind schedule and under budget.
  • The project is behind schedule and over budget.

Answer : The project is behind schedule and under budget.

A project manager shares project performance through status reports via voicemail to all of the stakeholders of the project. What type of communication method is he using?


Options are :

  • Push communication
  • Pull communication
  • Vertical Communication
  • Communication model

Answer : Push communication

CAPM Exam Prep 2019: 2 Full Real CAPM Exams(300 HQ Questios) Set 8

Which of the following is a tool and technique used in the Monitor Stakeholder Engagement Process?


Options are :

  • Communication skills - Interpersonal and team skills – Meetings
  • Work performance information - Interpersonal and team skills - Work performance data
  • Work performance information - Interpersonal and team skills – Meetings
  • Work performance information - Work performance data – Meetings

Answer : Communication skills - Interpersonal and team skills – Meetings

This tool and technique of the Close Project or Phase process can be used to improve the metrics of the organization by comparing what was initially planned and what executed at the end of the project?


Options are :

  • Variance analysis
  • Trend analysis
  • Regression analysis
  • Document analysis

Answer : Variance analysis

Your project was just completed. Because of some unfortunate circumstances, the project was delayed, causing cost overruns at the end of the project. Which of the following must be updated FIRST?


Options are :

  • Lessons learned repository
  • Enterprise environmental factors (EEFs)
  • Work performance reports
  • Issue log

Answer : Lessons learned repository

CAPM Exam Prep 2019: 2 Full Real CAPM Exams(300 HQ Questios) Set 9

The customer wants your project to be completed 3 weeks earlier than planned. You believe that you can meet the target by overlapping project activities. What is the approach that you plan to use?


Options are :

  • Overtime
  • Crashing
  • Resource Leveling
  • Fast Tracking

Answer : Fast Tracking

Your customer wants some change to be effected in the project scope. You determine that the change in scope will not impact the project costs but will delay the project by 2 weeks. What should you do NEXT?


Options are :

  • Try crashing or fast-tracking the project.
  • Evaluate the impact of the change on project time, cost, quality, and risk.
  • Let the customer know about the impact of the change in project scope.
  • Generate a change request and submit it to the change control board (CCB).

Answer : Evaluate the impact of the change on project time, cost, quality, and risk.

In your project, you are now interested in determining the best corrective action in terms of cost in case of project deviations. You should use:


Options are :

  • Root cause analysis
  • Variance analysis
  • Cost-benefit analysis
  • Earned value analysis

Answer : Cost-benefit analysis

In your project, if Earned Value (EV) is $200, Actual Cost (AC) is $250, and Planned Value (PV) is $300, what is the status of the project?


Options are :

  • The project is ahead of schedule and under budget
  • The project is behind schedule and under budget
  • The project is behind schedule and over budget
  • The project is ahead of schedule and over budget

Answer : The project is behind schedule and over budget

Which of the following is a tool and technique used in the Manage Quality Process?


Options are :

  • Quality metrics
  • Design for X
  • Quality control measurements
  • Benchmarking

Answer : Design for X

Which of the following can be used to manage and store contract documents and records?


Options are :

  • Historical Information
  • Enterprise Environmental Factors (EEFs)
  • Project file
  • Performance reports

Answer : Historical Information

CAPM Exam Prep 2019: 2 Full Real CAPM Exams(300 HQ Questios) Set 1

For your weekly project status review meetings, you set some time aside on the agenda to examine and document the effectiveness of risk responses in dealing with identified risks and their root causes, as well as the effectiveness of the risk management process. This is an example of:


Options are :

  • Risk audit
  • Plan Risk Responses
  • Risk Reassessment
  • Risk Identification

Answer : Risk audit

You and your team have decided to conduct more tests because of the high risk associated with your project. What type of risk strategy are you using?


Options are :

  • Mitigation
  • Exploitation
  • Avoidance
  • Transfer

Answer : Mitigation

In your Project, CV= + (100), and SV= - (50). How is your project doing?


Options are :

  • Behind schedule, over budget
  • Ahead of schedule, under budget
  • Ahead of schedule, over budget
  • Behind schedule, under budget

Answer : Behind schedule, under budget

CAPM Exam Prep 2019: 2 Full Real CAPM Exams(300 HQ Questios) Set 10

You are performing the Perform Quantitative Risk Analysis process and want to determine which risk event has the greatest potential for impact by examining all the uncertain elements at their baseline values. Which of the following tool will you use?


Options are :

  • Probability and impact matrix
  • Risk probability and impact assessment
  • Tornado diagram
  • Bubble chart

Answer : Tornado diagram

When an organization identifies an opportunity to which it would like to respond, it often initiates a:


Options are :

  • Project scope statement
  • Feasibility study
  • Work breakdown structure
  • Project management plan

Answer : Feasibility study

Cost of rework is an example of a (n):


Options are :

  • External failure cost
  • Appraisal cost
  • Prevention cost
  • Internal failure cost

Answer : Internal failure cost

After several months of negotiations, your organization is almost ready to sign a contract. The contract will span multiple years and allow for final price adjustments based on changing conditions. The ideal contract type is:


Options are :

  • Firm fixed price
  • Fixed price incentive fee
  • Fixed price with economic price adjustment
  • Time and materials

Answer : Fixed price with economic price adjustment

The enterprise environmental factors that can influence the Develop Project Charter process include:


Options are :

  • Project templates
  • Industry Standards, Organizational culture, and structure
  • Historical information
  • Lessons learned knowledge base

Answer : Industry Standards, Organizational culture, and structure

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