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Achieve Success in the PMI CAPM Exam: A Detailed Certified Associate in Project Management (CAPM) Guide

Questions 241

The risk response strategy in which the project team acts to reduce the probability of occurrence or impact of a risk is known as:

Options:
A.

exploit

B.

avoid

C.

mitigate

D.

share

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Questions 242

The cost baseline and project funding requirements are outputs of which process in Project Cost Management?

Options:
A.

Estimate Costs

B.

Control Costs

C.

Plan Cost Management

D.

Determine Budget

Questions 243

When the business objectives of an organization change, project goals need to be:

Options:
A.

realigned.

B.

performed.

C.

improved.

D.

controlled.

Questions 244

Which Manage Communications tool or technique focuses on identifying and managing barriers?

Options:
A.

Communication methods

B.

Information technology

C.

Communication models

D.

Information management systems

Questions 245

An intentional activity to modify a nonconforming product or product component is called:

Options:
A.

defect repair

B.

work repair

C.

corrective action

D.

preventive action

Questions 246

Correlated and contextualized information on how closely the scope is being maintained relative to the scope baseline is contained within:

Options:
A.

project documents updates.

B.

project management plan updates.

C.

change requests.

D.

work performance information.

Questions 247

Success is measured by benefits realization for a:

Options:
A.

strategic plan

B.

project

C.

portfolio

D.

program

Questions 248

At the start of a typical project life cycle, costs are:

Options:
A.

low, peak as work is carried out, and drop as the project nears the end.

B.

low, become steady as work is carried out, and increase as the project nears the end.

C.

high, drop as work is carried out, and increase as the project nears the end.

D.

high, become low as work is carried out, and drop as the project nears the end.

Questions 249

Project Stakeholder Management focuses on:

Options:
A.

project staff assignments

B.

project tea m acquisition

C.

managing conflicting interests

D.

communication methods

Questions 250

The following is a network diagram for a project.

CAPM Question 250

What is the critical path for the project?

Options:
A.

A-B-D-G

B.

A-B-E-G

C.

A-C-F-G

D.

A-C-E-G

Questions 251

What process in Project Risk Management prioritizes project risks?

Options:
A.

Perform Qualitative Risk Analysis

B.

Perform Quantitative Risk Analysis

C.

Plan Risk Responses

D.

Implement Risk Responses

Questions 252

What specific quality considerations should be examined while completing Quality Management plan?

Options:
A.

Risk register

B Stakeholder engagement

B.

Continuous improvement

C.

Standards and regulatory compliance

Questions 253

What are the two most common contract types used in a project?

Options:
A.

Cost plus award fee (CPAF) contract and fixed price contract

B.

Fixed price contract and cost-reimbursable contract

C.

Cost-reimbursable contract and time and material (T&M) contract

D.

Time and material (T&M) contract and cost plus award fee (CPAF) contract

Questions 254

What is the most important skill that project managers should possess to lead stakeholders throughout a project?

Options:
A.

Communication

B.

Problem-solving

C.

Negotiating

D.

Trust-building

Questions 255

The project manager is new to the company in order to effectively manage the project, which components of the organizational governance framework does the project manager need to take into account?

Options:
A.

Organizational structure type, Key stakeholders, and protect funds

B.

Rules. policies and norms

C.

Project management software, resources availability and risk checklist

D.

Governance elements, team policies, and organizational goals

Questions 256

Match the process with its corresponding Process Group:

CAPM Question 256

Options:
Questions 257

When can we say that a project is completed?

Options:
A.

When the planned time duration is completed

B.

When the project objectives have been reached

C.

When the project manager has left the team

D.

When the project team decides to stop the work on the project

Questions 258

Which of these is a hybrid contract?

Options:
A.

Cost plus award fee (CPAF)

B.

Firm fixed price (FFP)

C.

Fixed price incentive fee (FPIF)

D.

Time and material (T&M)

Questions 259

Which tools and techniques should a project manager use when estimating costs?

Options:
A.

Lessons learned register and cost aggregation

B.

Project schedule and resources requirements

C.

Three-point estimating and risk register

D.

Expert judgempnt and decision making

Questions 260

The project manager is looking at a precedence diagram.... the duration of this task?

The project manager is looking at a precedence diagram and needs to report back about the project status The total duration of the task is ten days, and both Activity A and B need be completed. Activity A has a duration of six days, and activity B has a duration of four days Activity B has a finish-to-start relationship with activity A Under current circumstances, activity A will take about seven days to complete.

What is the outcome of the duration of this task'?

Options:
A.

The task will be completed on time.

B.

The task will not be completed on time.

C.

Activity A is not a critical path task

D.

The precedence diagram cannot be used to provide answers for duration calculations