[Oct-2023] CAPM Exam Dumps, CAPM Practice Test Questions
Attested CAPM Dumps PDF Resource [2023]
NEW QUESTION # 478
Activity resource requirements and the resource breakdown structure (RBS) are outputs of which Project Time Management process?
- A. Control Schedule
- B. Define Activities
- C. Develop Schedule
- D. Estimate Activity Resources
Answer: D
Explanation:
Explanation/Reference:
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.
Process: 6.4 Estimate Activity Resources
Definition: Activity Resources is the process of estimating the type and quantities of material, human resources, equipment, or supplies required to perform each activity.
Key Benefit: The key benefit of this process is that it identifies the type, quantity, and characteristics of resources required to complete the activity which allows more accurate cost and duration estimates.
Inputs
1. Schedule management plan
2. Activity list
3. Activity attributes
4. Resource calendars
5. Risk register
6. Activity cost estimates
7. Enterprise environmental factors
8. Organizational process assets
Tools & Techniques
1. Expert judgment
2. Alternative analysis
3. Published estimating data
4. Bottom-up estimating
5. Project management software
Outputs
1. Activity resource requirements
2. Resource breakdown structure
3. Project documents updates
NEW QUESTION # 479
A construction project team has just had an inevitable delay due to a natural calamity. What should the project manager do next?
- A. Consult the risk register
- B. Use organizational process assets
- C. Consult the project management plan
- D. Use expert judgment
Answer: A
Explanation:
Section: Volume E
NEW QUESTION # 480
Within project integration management, the statement of work (SOW) references which aspects of the project?
- A. Contract, enterprise environmental factors, and organizational process assets
- B. Business plan, project management plan, and project schedule
- C. Product lifecycle, business objective, and management strategy
- D. Strategic plan, business need, and product scope description
Answer: D
Explanation:
Section: Volume E
Explanation:
4.1.1.1 Project Statement of Work Page 67
The project statement of work (SOW) is a narrative description of products, services, or results to be delivered by a project. For internal projects, the project initiator or sponsor provides the statement of work based on business needs, product, or service requirements. For external projects, the statement of work can be received from the customer as part of a bid document, (e.g., a request for proposal, request for information, or request for bid) or as part of a contract. The SOW references the following:
Business need. An organization's business need may be based on a market demand, technological
advance, legal requirement, government regulation, or environmental consideration. Typically, the business need and the cost-benefit analysis are contained in the business case to justify the project.
Product scope description. The product scope description documents the characteristics of the product,
service, or results that the project will be undertaken to create. The description should also document the relationship between the products, services, or results being created and the business need that the project will address.
Strategic plan. The strategic plan documents the organization's strategic vision, goals, and objectives and
may contain a high-level mission statement. All projects should be aligned with their organization's strategic plan. Strategic plan alignment ensures that each project contributes to the overall objectives of the organization.
NEW QUESTION # 481
A project manager has to share a status report with a new stakeholder and is trying to determine the level of detail to include in the report. Which document best details the information the project manager needs to make this decision?
- A. Change management plan
- B. Organizational process assets
- C. Communications management plan
- D. Resource management plan
Answer: C
Explanation:
Section: Volume E
Explanation/Reference:
NEW QUESTION # 482
Which type of management focuses on ensuring that projects and programs are reviewed to prioritize resource allocation?
- A. Program
- B. Portfolio
- C. Functional
- D. Project
Answer: B
NEW QUESTION # 483
Sharing good practices introduced or implemented in similar projects in the organization and/or industry is an example of:
- A. benchmarking
- B. statistical sampling
- C. process analysis
- D. quality audits
Answer: D
NEW QUESTION # 484
Status of deliverables, implementation status for change requests, and forecasted estimates to complete are examples of:
- A. Enterprise environmental factors.
- B. Organizational process assets.
- C. Work performance information.
- D. Earned value management.
Answer: C
NEW QUESTION # 485
A project is just beginning, and management creates a long list of potential stakeholders.
Which statement about identifying and engaging stakeholders is correct?
- A. The project manager should focus on project objectives and deal with stakeholders as a secondary priority.
- B. The project manager should identify and deal with stakeholders only during the execution phase.
- C. Stakeholder satisfaction should be identified immediately and managed as a project objective.
- D. Stakeholder satisfaction is the most important goal, and project objectives should be considered a secondary priority.
Answer: C
NEW QUESTION # 486
Outputs of the Control Communications process include:
- A. expert judgment and change requests.
- B. organizational process asset updates and an issue log.
- C. work performance information and change requests.
- D. project management plan updates and an issue log.
Answer: C
Explanation:
Section: Volume B
Explanation:
4.4.1.5 Work Performance Information
Work performance information is the performance data collected from various controlling processes, analyzed in context, and integrated based on relationships across areas. Thus work performance data has been transformed into work performance information. Data in itself cannot be used in the decision-making process as it has only out-of-context meaning. Work performance information, however, is correlated and contextualized, and provides a sound foundation for project decisions.
Work performance information is circulated through communication processes. Examples of performance information are status of deliverables, implementation status for change requests, and forecasted estimates to complete.
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.
NEW QUESTION # 487
Which of the following risk response strategies involves allocating ownership of a positive risk to a third party?
- A. Share
- B. Mitigate
- C. Transfer
- D. Avoid
Answer: A
NEW QUESTION # 488
Which of the following response strategies are appropriate for negative risks or threats?
- A. Exploit, Enhance, Share, or Accept
- B. Share, Accept, Transfer, or Mitigate
- C. Mitigate, Share, Avoid, or Accept
- D. Avoid, Mitigate, Transfer, or Accept
Answer: D
NEW QUESTION # 489
Which document defines how a project is executed, monitored and controlled, and closed?
- A. Strategic plan
- B. Service level agreement
- C. Project charter
- D. Project management plan
Answer: D
Explanation:
Explanation/Reference:
Explanation:
4.2.3.1 Project Management Plan
The project management plan is the document that describes how the project will be executed, monitored, and controlled. It integrates and consolidates all of the subsidiary plans and baselines from the planning processes.
Project baselines include, but are not limited to:
Scope baseline (Section 5.4.3.1),
Schedule baseline (Section 6.6.3.1), and
Cost baseline (Section 7.3.3.1).
Subsidiary plans include, but are not limited to:
Scope management plan (Section 5.1.3.1),
Requirements management plan (Section 5.1.3.2),
Schedule management plan (Section 6.1.3.1),
Cost management plan (Section 7.1.3.1),
Quality management plan (Section 8.1.3.1),
Process improvement plan (Section 8.1.3.2),
Human resource management plan (Section 9.1.3.1),
Communications management plan (Section 10.1.3.1),
Risk management plan (Section 11.1.3.1),
Procurement management plan (Section 12.1.3.1), and
Stakeholder management plan (Section 13.2.3.1).
Among other things, the project management plan may also include the following:
Life cycle selected for the project and the processes that will be applied to each phase;
Details of the tailoring decisions specified by the project management team as follows:
○ Project management processes selected by the project management team,
○ Level of implementation for each selected process,
○ Descriptions of the tools and techniques to be used for accomplishing those processes, and
○ Description of how the selected processes will be used to manage the specific project, including the dependencies and interactions among those processes and the essential inputs and outputs.
Description of how work will be executed to accomplish the project objectives;
Change management plan that documents how changes will be monitored and controlled;
Configuration management plan that documents how Configuration management will be performed;
Description of how the integrity of the project baselines will be maintained;
Requirements and techniques for communication among stakeholders; and
Key management reviews for content, the extent of, and timing to address, open issues and pending
decisions.
The project management plan may be either summary level or detailed, and may be composed of one or more subsidiary plans. Each of the subsidiary plans is detailed to the extent required by the specific project. Once the project management plan is baselined, it may only be changed when a change request is generated and approved through the Perform Integrated Change Control process.
NEW QUESTION # 490
Which tool or technique measures performance of the project as it moves from project initiation through project closure?
- A. Parametric measuring
- B. Pareto chart
- C. Resource leveling
- D. Earned value
Answer: D
NEW QUESTION # 491
Lessons learned are created and project resources are released in which Process Group?
- A. Closing
- B. Executing
- C. Initiating
- D. Planning
Answer: A
NEW QUESTION # 492
Which of the following is a schematic display of the project's schedule activities and the logical relationships among them?
- A. Project milestone list
- B. Project schedule network diagram
- C. Gantt chart
- D. Activity list
Answer: B
Explanation:
Section: Volume E
Explanation/Reference:
NEW QUESTION # 493
Analytical techniques are a tool and technique of which process in Project Procurement Management?
- A. Conduct Procurements
- B. Control Procurements
- C. Plan Procurement Management
- D. Close Procurements
Answer: A
NEW QUESTION # 494
In a preliminary meeting for a project, team members decide to execute the project with agile methodology. A finance team member wants to know how project cost will be determined at this early stage.
How will the project team determine project cost?
- A. Use a detailed cost estimation for agile projects
- B. Use a detailed work breakdown structure (WBS) to get cost estimation
- C. Use a lightweight cost estimation due to the nature of agile projects
- D. Retrieve a budget from a previous project and create a baseline for this project based on it
Answer: A
NEW QUESTION # 495
Which conflict resolution technique searches for solutions that bring some degree of satisfaction to all parties in order to temporarily or partially resolve the conflict?
- A. Force/direct
- B. Withdraw/avoid
- C. Compromise/reconcile
- D. Collaborate/problem solve
Answer: C
NEW QUESTION # 496
Recognition and rewards are tools and techniques of which process?
- A. Control Resources
- B. Manage Team
- C. Plan Resource Management
- D. Develop Team
Answer: D
Explanation:
Section: Volume E
Explanation
Explanation/Reference: https://4squareviews.com/2018/06/15/6th-edition-pmbok-guide-process-9-4-develop-team-tools- and-techniques/
NEW QUESTION # 497
Which type of management focuses on ensuring that projects and programs are reviewed to prioritize resource allocation?
- A. Program
- B. Portfolio
- C. Functional
- D. Project
Answer: B
Explanation:
Explanation/Reference:
Explanation:
1.4.2 Portfolio Management
A portfolio refers to projects, programs, subportfolios, and operations managed as a group to achieve strategic objectives. The projects or programs of the portfolio may not necessarily be interdependent or directly related. For example, an infrastructure firm that has the strategic objective of "maximizing the return on its investments" may put together a portfolio that includes a mix of projects in oil and gas, power, water, roads, rail, and airports. From this mix, the firm may choose to manage related projects as one program. All of the power projects may be grouped together as a power program. Similarly, all of the water projects may be grouped together as a water program.
Thus, the power program and the water program become integral components of the enterprise portfolio of the infrastructure firm.
NEW QUESTION # 498
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