This page was exported from Top Exam Collection [ http://blog.topexamcollection.com ] Export date:Sat Jan 18 7:52:49 2025 / +0000 GMT ___________________________________________________ Title: Prepare CAPM Question Answers Free Update With 100% Exam Passing Guarantee [Q16-Q40] --------------------------------------------------- Prepare CAPM Question Answers Free Update With 100% Exam Passing Guarantee [2024] Dumps Real PMI CAPM Exam Questions [Updated 2024] What is the duration of CAPM Exam The duration of this exam is 3 hours.   QUESTION 16Which is the appropriate tool to identify the possible correlation two elements in aprocess?  Scatter diagram  Cause and effect diagram  Histogram  Control charts QUESTION 17Which of the following set of elements is part of an effective communications management plan?  Escalation processes, person responsible for communicating the information, glossary of common terminology, methods or technologies used to convey the information  Phone book directory, stakeholder communication requirements, project charter, glossary of common terminology  Organizational chart, escalation processes, person responsible for communicating the information, project management plan, glossary of common terminology  Glossary of common terminology, constraints denved from specific legislation and regulation, person responsible for communicating information, project management plan, resource management plan QUESTION 18A change log for communications can be used to communicate to the appropriate stakeholders that there are changes:  To the project management plan.  To the risk register.  In the scope verification processes.  And their impact to the project in terms of time, cost, and risk. Explanation/Reference:Explanation:4.5.3.2 Change LogA change log is used to document changes that occur during a project. These changes and their impact to the project in terms of time, cost, and risk, are communicated to the appropriate stakeholders. Rejected change requests are also captured in the change log.13.3.1.3 Change LogDescribed in Section 4.5.3.2. A change log is used to document changes that occur during a project.These changes-and their impact on the project in terms of time, cost, and risk-are communicated to the appropriate stakeholders.QUESTION 19Which component of the project charter defines what the project’s success will look like?  Project objective  Project approval requirements  Project exit criteria  High-level requirements Section: Volume EQUESTION 20The process of defining how the project scope will be validated and controlled is known as:  Define Scope.  Develop Project Management Plan.  Plan Scope Management.  Plan Quality Management. Explanation/Reference:Explanation:Process: 5.1 Plan Scope ManagementDefinition: The process of creating a scope management plan that documents how the project scope will be defined, validated, and controlled.Key Benefit: The key benefit of this process is that it provides guidance and direction on how scope will be managed throughout the project.Inputs1. Project management plan2. Project charter3. Enterprise environmental factors4. Organizational process assetsTools & Techniques1. Expert judgment2. MeetingsOutputs1. Scope management plan2. Requirements management planQUESTION 21Which are the main objectives of Project Risk Management?  Increase the probability of positive risks and decrease the probability of negative risks  Avoid all kind of risks  Increase the probability of positive risks and eliminate all negative risks  Identify positive and negative risks Section: Volume EExplanation/Reference:QUESTION 22Budgets reserved for unplanned changes to project scope and cost are:  Contingency reserves.  Management reserves.  Authorized budgets.  Cost baselines. QUESTION 23The project scope statement and resource calendars are inputs to which Project Time Management process?  Sequence Activities  Estimate Activity Resources  Develop Schedule  Control Schedule QUESTION 24A risk response strategy in which the project team shifts the impact of a threat, together with ownership of the response, to a third party is called:  mitigate  accept  transfer  avoid QUESTION 25What risk technique is used to quantify the probability and impact of risks on project objectives?  Expert judgment  Risk registry  Risk response planning  Interviewing Section: Volume DExplanation:11.2.2.2 Information Gathering TechniquesExamples of information gathering techniques used in identifying risks can include:Brainstorming. The goal of brainstorming is to obtain a comprehensive list of project risks. The project teamusually performs brainstorming, often with a multidisciplinary set of experts who are not part of the team. Ideas about project risk are generated under the leadership of a facilitator, either in a traditional free-form brainstorm session or structured mass interviewing techniques. Categories of risk, such as in a risk breakdown structure, can be used as a framework. Risks are then identified and categorized by type of risk and their definitions are refined.Delphi technique. The Delphi technique is a way to reach a consensus of experts. Project risk expertsparticipate in this technique anonymously. A facilitator uses a questionnaire to solicit ideas about the important project risks. The responses are summarized and are then recirculated to the experts for further comment.Consensus may be reached in a few rounds of this process. The Delphi technique helps reduce bias in the data and keeps any one person from having undue influence on the outcome.Interviewing. Interviewing experienced project participants, stakeholders, and subject matter experts helpsto identify risks.Root cause analysis. Root-cause analysis is a specific technique used to identify a problem, discover theunderlying causes that lead to it, and develop preventive action.QUESTION 26Directing another person to get from one to another using a known set of expected behaviors are the ability to lead a team and inspire them to do their jobs well is related to?  Influence and challenge  Innovation and administration  Leadership and management  Engagement and guidance QUESTION 27The project management plan requires the acquisition of a special part available from a supplier located abroad. Which source selection method is being used?  Least cost  Qualifications only  Sole source  Fixed budget QUESTION 28Which are examples of processes that may be used once or at predefined points in the project life cycle?  Develop Project Charter and Close Project or Phase  Define Activities and Acquire Resources  Control Schedule and Conduct Procurements  Monitor Communications and Control Costs Section: Volume EExplanation/Reference: https://www.greycampus.com/opencampus/project-management-professional/closing-a-project-or- phaseQUESTION 29A project using the agile/adaptive approach has reached the Project Integration Management phase.Whatis the project manager’s key responsibility during this phase?  Defining the scope of the project  Building a collaborative environment  Creating a detailed project management plan  Directing the delivery of the project QUESTION 30Organizational process assetsTools & Techniques1. Expert judgment2. MeetingsOutputs1. Scope management plan2. Requirements management plan4.Which tool or technique is an examination of industry and specific vendor capabilities?  Independent estimates  Market research  Analytical techniques  Bidder conferences QUESTION 31Which of the following factors within a company cloud trigger the creation of a project?  Need to lower production costs to remain competitive  Need to submit a warranty claim for a faulty product  Need to submit the monthly production report  Need to define next month’s production goals QUESTION 32Which of the following tools and techniques is used in the Develop Project Team process?  Acquisitions  Organizational theories  Team-building activities  Virtual teams Explanation/Reference:Explanation:9.3.2.3 Team-Building ActivitiesTeam-building activities can vary from a 5-minute agenda item in a status review meeting to an off-site, professionally facilitated experience designed to improve interpersonal relationships. The objective of team-building activities is to help individual team members work together effectively. Team-building strategies are particularly valuable when team members operate from remote locations without the beneft of face-to-face contact. Informal communication and activities can help in building trust and establishing good working relationships.As an ongoing process, team building is crucial to project success. While team building is essential during the initial stages of a project, it is a never-ending process. Changes in a project environment are inevitable, and to manage them effectively, a continued or a renewed team-building effort should be applied. The project manager should continually monitor team functionality and performance to determine if any actions are needed to prevent or correct various team problems.One of the models used to describe team development is the Tuckman ladder (Tuckman, 1965; Tuckman& Jensen, 1977), which includes fve stages of development that teams may go through. Although it’s common for these stages to occur in order, it’s not uncommon for a team to get stuck in a particular stage or slip to an earlier stage. Projects with team members who worked together in the past may skip a stage.Forming. This phase is where the team meets and learns about the project and their formal roles andresponsibilities. Team members tend to be independent and not as open in this phase.Storming. During this phase, the team begins to address the project work, technical decisions, and theproject management approach. If team members are not collaborative and open to differing ideas and perspectives, the environment can become counterproductive.Norming. In the norming phase, team members begin to work together and adjust their work habits andbehaviors to support the team. The team learns to trust each other.Performing. Teams that reach the performing stage function as a well-organized unit. They areinterdependent and work through issues smoothly and effectively.Adjourning. In the adjourning phase, the team completes the work and moves on from the project. Thistypically occurs when staff is released from the project as deliverables are completed or as part of carrying out the Close Project or Phase process (Section 4.6). The duration of a particular stage depends upon team dynamics, team size, and team leadership. Project managers should have a good understanding of team dynamics in order to move their team members through all stages in an effective manner.9.3 Develop Project TeamDefinition: The process of improving competencies, team member interaction, and overall team environment to enhance project performance.Key Benefit: The key benefit of this process is that it results in improved teamwork, enhanced people skills and competencies, motivated employees, reduced staff turnover rates, and improved overall project performance.Inputs1. Human resource management plan2. Project staff assignments3. Resource calendarsTools & Techniques1. Interpersonal skills2. Training3. Team-building activities4. Ground rules5. Colocation6. Recognition and rewards7. Personnel assessment toolsOutputs1. Team performance assessments2. Enterprise environmental factors updatesQUESTION 33A project manager is performing a specific process and has……….is being referred to?A project manager is performing a specific process and has a list of accepted deliverables One of the stakeholders points out that they have just reviewed the verified deliverables, and come up with the list of accepted deliverables Which process is being referred to?  Control Quality  Validate Scope  Validate Quality  Control Scope QUESTION 34When a project is undertaken to reduce defects in a product or service, the objective of the project is to create a/an:  improvement  program  result  portfolio QUESTION 35Which output of Project Cost Management consists of quantitative assessments of the probable costs required to complete project work?  Activity cost estimates  Earned value management  Cost management plan  Cost baseline QUESTION 36Which provides the basic framework for managing a project?  Project life cycle  Work breakdown structure (WBS)  Enterprise environmental factors  Project initiation Section: Volume DExplanation:Project Life Cycle. The series of phases that a project passes through from its initiation to its closure.QUESTION 37Lessons learned are created and project resources are released in which Process Group?  Planning  Executing  Closing  Initiating QUESTION 38An output of the Manage Project Team process is:  project management plan updates  project staff assignments updates  team performance assessments  resource calendar updates QUESTION 39Whose approval may be required for change requests after change control board (CCB) approval?  Functional managers  Business partners  Customers or sponsors  Subject matter experts QUESTION 40Activity cost estimates are quantitative assessments of the probable costs required to:  Create WBS.  complete project work.  calculate costs.  Develop Project Management Plan.  Loading … CAPM Exam Dumps, CAPM Practice Test Questions: https://www.topexamcollection.com/CAPM-vce-collection.html --------------------------------------------------- Images: https://blog.topexamcollection.com/wp-content/plugins/watu/loading.gif https://blog.topexamcollection.com/wp-content/plugins/watu/loading.gif --------------------------------------------------- --------------------------------------------------- Post date: 2024-05-31 12:33:34 Post date GMT: 2024-05-31 12:33:34 Post modified date: 2024-05-31 12:33:34 Post modified date GMT: 2024-05-31 12:33:34