CAPM : Certified Associate in Project Management (PMI-100) : Part 43
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The project manager and the project team are having a meeting with the purpose of identifying risks. Which tools and techniques might help in this process?
- Prompt lists and data analysis
- Reports and representations of uncertainty
- Data analysis and risk audits
- Interpersonal and team skills and project management information system
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How is the Project Scope Management process different in agile and adaptive projects than in traditional projects?
- Less time spent on defining scope early on
- More time spent on defining scope early on
- Less time spent on scope management process
- Project scope management is the same in all projects
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In a project using agile methodology, who may perform the quality control activities?
- A group of quality experts at specific times during the project
- The project manager only
- All team members throughout the project life cycle
- Selected stakeholders at specific times during the project
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The project manager is explaining to others the essential business aspects of the project. To which skill category does this ability belong?
- Technical project management skills
- Time management skills
- Strategic and business management skills
- Leadership skills
Explanation:
Reference: https://www.projectsmart.co.uk/the-role-of-the-project-manager.php
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A project manager is considering whether or not to procure a new vendor. What can the project manager use to determine a make-or-buy decision?
- Data analysis
- Interpersonal skills
- Bidder conferences
- Bid documents
Explanation:Reference: https://project-management-knowledge.com/definitions/m/make-buy-analysis/ -
Which tools and techniques should a project manager use to monitor risks?
- Expert judgment, data analysis, and interpersonal and team skills
- Data analysis, audits, and meetings
- Expert judgment, audits, and decision making
- Meetings, data gathering, and expert judgment
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Which are the most important competencies required for a project manager?
- Leadership, bilingualism, experience, and technical knowledge
- PMP certification, experience, technical knowledge, and post-graduate education
- Leadership, strategic and business management, project management knowledge, and technical knowledge
- Communication skills, project management knowledge, PMP certification, and availability to travel
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Which of the following is a category of organizational process assets?
- Government standards
- Organizational culture
- Employee capabilities
- Organizational knowledge bases
Explanation:Reference: https://medium.com/@yasmine.trainings24x7/what-is-organizational-process-assets-in-pmbok-5th-edition-ea66a5db9779 -
Which is an example of an internal enterprise environmental factor?
- Market share brand recognition
- Factory location
- Local government regulation
- Industry research
Explanation:Reference: https://pmstudycircle.com/2012/01/enterprise-environmental-factors-organizational-process-assets/ -
Which document can help a project manager to leverage historical project information?
- Lessons learned register
- Schedule baseline
- Work performance data
- Deliverable acceptance forms
Explanation:Reference: https://www.workbreakdownstructure.com/work-breakdown-structure-according-to-pmbok.php -
In an agile and adaptive project, which scope management entity involves stakeholder engagement?
- Collect Requirements
- Create work breakdown structure (WBS)
- Plan Scope Management
- Scope Baseline
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According to the PMI Talent Triangle, leadership skills relate to the ability to:
- understand the high-level overview of the organization
- tailor traditional and agile tools for the project
- work with stakeholders to develop an appropriate project delivery
- guide, motivate, and direct a team to reach project goals
Explanation:Reference: https://www.pmi.org/certifications/maintain/earn-pdus/plan-development-talent-triangle -
Which are required to create the schedule management plan?
- Scope baseline, work breakdown structure (WBS), estimated costs, and milestone list
- Resource management plan, organizational process assets, activity list, and business case
- Enterprise environmental factors, organizational process assets, project charter, and project management plan
- Activity list, project statement of work, project charter, and communications management plan
Explanation:Reference: https://www.projectengineer.net/project-schedule-management-according-to-the-pmbok/ -
Which of the following are outputs from the process of creating a work breakdown structure (WBS)?
- Project scope statement and accepted deliverables
- Scope baseline and project documents update
- Accepted deliverables and enterprise environmental factors
- Scope baseline and work performance information
Explanation:Reference: https://4squareviews.com/2018/04/13/6th-edition-pmbok-guide-process-5-4-create-wbs-outputs/ -
In Project Resource Management, which process uses recognition and rewards as a tool and technique?
- Control Resources
- Develop Team
- Manage Team
- Monitor Team
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The project manager is distributing project communications, collecting and storing project information, and retrieving documents when required. In which process is the project manager involved?
- Monitor Communications
- Plan Communications Management
- Manage Communications
- Manage Stakeholder Engagement
Explanation:Reference: https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=4&ved=2ahUKEwityYzPzNThAhUH6qQKHR77AboQFjADegQIARAC&url=https%3A%2F%2Fpeople.eecs.ku.edu%2F~hossein%2F811%2FLectures%2Fchapter-10.pptx&usg=AOvVaw0B7ldXssetUgjbMWGxmkXp -
What can increase the complexity of the Manage Stakeholder Engagement process?
- The project must be of high quality
- The stakeholders are from different countries
- The project must comply with strict local government regulations
- The project has a tight budget and timeline
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A new project manager wishes to recommend creating a project management office to senior management. Which statement would the project manager use to describe the importance of creating the project management office?
- It will give the project manager independence to make decisions without other departmental input.
- It integrates organizational data and information to ensure that strategic objectives are fulfilled.
- The project management office can execute administrative tasks.
- The project management office can coordinate projects.
Explanation:Reference: https://www.theprojectgroup.com/blog/en/why-a-pmo-is-important/ -
In which project cost management process is work performance data an output?
- Plan Cost Management
- Estimate Costs
- Determine Budget
- Control Costs
Explanation:Work performance data is an output of the following processes:
• Direct and Manage Project WorkWork Performance Information Work performance information is used in the Monitoring and Controlling processes to analyze information such as the status of deliverables, the status of change requests, and forecasts such as estimate to complete (i.e., the work performance data).
Work performance information is an input of the following processes:
• Monitor and Control Project Work
Work performance information is an output of the following processes:
• Validate Scope
• Control Scope
• Control Schedule
• Control Costs
• Control Quality
• Control Communications
• Control Risks
• Control Procurements
• Control Stakeholder Engagement -
Perform Quantitative Risk Analysis focuses on:
- compiling a list of known risks and preparing responses to them
- assessing the probability of occurrence and impact for every risk in the risk register
- evaluating the contingency and management reserves required for the project
- analyzing numerically the impact of individual risks on the overall project’s time and cost objectives
Explanation:Reference: https://project-management-knowledge.com/definitions/p/perform-quantitative-risk-analysis/
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