New Year Special 60% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: bestdeal

Free PMI CAPM Practice Exam with Questions & Answers | Set: 16

Questions 301

What is the estimate at completion (EAC) if the budget at completion (BAC) is $100, the actual cost (AC) is $50, and the earned value (EV) is $25?

Options:
A.

$50

B.

$100

C.

$125

D.

$175

PMI CAPM Premium Access
Questions 302

Which process develops options and actions to enhance opportunities and reduce threats to project objectives?

Options:
A.

Identify Risks

B.

Control Risks

C.

Plan Risk Management

D.

Plan Risk Responses

Questions 303

A logical relationship in which a successor activity cannot start until a predecessor activity has finished is known as:

Options:
A.

Start-to-start (SS).

B.

Start-to-finish (SF).

C.

Finish-to-start (FS).

D.

Finish-to-finish (FF).

Questions 304

Which tool or technique is used in the Develop Project Management Plan process?

Options:
A.

Pareto diagram

B.

Performance reporting

C.

SWOT analysis

D.

Expert judgment

Questions 305

An input to Develop Project Charter is a/an:

Options:
A.

Business case.

B.

Activity list.

C.

Project management plan.

D.

Cost forecast.

Questions 306

The process of estimating the type and quantity of material, human resources, equipment, or supplies required to perform each activity is known as:

Options:
A.

Collect Requirements.

B.

Conduct Procurements.

C.

Estimate Activity Durations.

D.

Estimate Activity Resources.

Questions 307

External organizations that have a special relationship with the enterprise and provide specialized expertise are called:

Options:
A.

Customers.

B.

Business partners.

C.

Sellers.

D.

Functional managers.

Questions 308

Lessons learned are created and project resources are released in which Process Group?

Options:
A.

Planning

B.

Executing

C.

Closing

D.

Initiating

Questions 309

Which tool or technique is used in the Plan Scope Management process?

Options:
A.

Document analysis

B.

Observations

C.

Product analysis

D.

Expert judgment

Questions 310

Units of measure, level of precision, level of accuracy, control thresholds, and rules of performance measurement are examples of items that are established in the:

Options:
A.

Cost management plan.

B.

Work performance information.

C.

Quality management plan.

D.

Work breakdown structure.

Questions 311

Which type of contract gives both the seller and the buyer flexibility to deviate from performance with financial incentives?

Options:
A.

Cost Plus Incentive Fee (CPIF)

B.

Fixed Price Incentive Fee (FPIF)

C.

Cost Pius Award Re (CPAF)

D.

Time and Material (T&M)

Questions 312

Which Knowledge Areas include processes from the Closing Process Group?

Options:
A.

Project Quality Management and Project Time Management

B.

Project Scope Management and Project Risk Management

C.

Project Stakeholder Management and Project Cost Management

D.

Project Integration Management and Project Procurement Management

Questions 313

Inputs to the Plan Schedule Management process include:

Options:
A.

Organizational process assets and the project charter,

B.

Enterprise environmental factors and schedule tools.

C.

Time tables and Pareto diagrams.

D.

Activity attributes and resource calendars.

Questions 314

Which tool or technique is used in validating the scope of a project?

Options:
A.

Facilitated workshops

B.

Interviews

C.

Inspection

D.

Meetings

Questions 315

Sensitivity analysis is typically displayed as a/an:

Options:
A.

Decision tree diagram.

B.

Tornado diagram.

C.

Pareto diagram.

D.

Ishikawa diagram.

Questions 316

Which earned value management (EVM) metric is a measure of the cost efficiency of budgeted resources expressed as a ratio of earned value (EV) to actual cost (AC) and is considered a critical EVM metric?

Options:
A.

Cost variance (CV)

B.

Cost performance index (CPI)

C.

Budget at completion (BAC)

D.

Variance at completion (VAC)

Questions 317

A strengths, weaknesses, opportunities, and threats (SWOT) analysis is a tool or technique used in which process?

Options:
A.

Identify Risks

B.

Control Risks

C.

Perform Quantitative Risk Analysis

D.

Perform Qualitative Risk Analysis

Questions 318

Which input to the Identify Stakeholders process provides information about internal or external parties related to the project?

Options:
A.

Procurement documents

B.

Communications plan

C.

Project charter

D.

Stakeholder register

Questions 319

Which tool or technique is effective in a project in which the deliverable is not a service or result?

Options:
A.

Inspection

B.

Variance analysis

C.

Decomposition

D.

Product analysis

Questions 320

A tool or technique used in the Control Procurements process is:

Options:
A.

Expert judgment.

B.

Performance reporting.

C.

Bidder conferences.

D.

Reserve analysis.