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Free PMI CAPM Practice Exam with Questions & Answers | Set: 7

Questions 121

The probability and impact matrix is primarily used to:

Options:
A.

Quantify risk issues for trends during a quality audit.

B.

Develop a risk register for risk planning.

C.

Evaluate each risk’s importance and priority during Perform Qualitative Risk Analysis.

D.

Define risk and compare impacts during Perform Quantitative Risk Analysis.

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Questions 122

Which of the following is an output of Define Scope?

Options:
A.

Project scope statement

B.

Project charter

C.

Project plan

D.

Project schedule

Questions 123

In which type of contract are the performance targets established at the onset and the final contract price determined after completion of all work based on the sellers performance?

Options:
A.

Firm-Fixed-Price (FFP)

B.

Fixed Price with Economic Price Adjustments (FP-EPA)

C.

Fixed-Price-Incentive-Fee (FPIF)

D.

Cost Plus Fixed Fee (CPFF)

Questions 124

Which statement is true about the project management body of knowledge?

Options:
A.

Recognized by every project manager

B.

Constantly evolving

C.

The sum of all knowledge related to project management

D.

A sum of knowledge that should be applied on every project

Questions 125

The technique of subdividing project deliverables into smaller, more manageable components until the work and deliverables are defined to the work package level is called:

Options:
A.

a control chart.

B.

baseline.

C.

Create WBS.

D.

decomposition.

Questions 126

How should a project manager plan communication for a project which has uncertain requirements?

Options:
A.

Include stakeholders in project meetings and reviews, use frequent checkpoints, and co-locate team members only.

B.

Invite customers to sprint planning and retrospective meetings, update the team quickly and on a daily basis, and use official communication channels.

C.

Adopt social networking to engage stakeholders, issue frequent and short messages, and use informal communication channels.

D.

Adopt a strong change control board process, establish focal points for main subjects, and promote formal and transparent communication.

Questions 127

Which of the following lists represents the outputs of the Monitor Communications process?

Options:
A.

Project communications, project management plan updates, project documents updates, and organizational process assets updates

B.

Work performance information, change requests, project management plan updates, and project documents updates

C.

Communications management plan, project management plan updates, work performance report, and project documents update

D.

Stakeholder engagement plan, change requests, project management plan updates, and project documents updates

Questions 128

Which tasks should a project manager accomplish in order to manage project scope correctly?

Options:
A.

Define. Validate, and Control Scope. Control Schedule; Control Costs and Manage Stakeholder Engagement

B.

Collect Requirements. Define Scope. Create WBS. Develop Schedule, and Manage Stakeholder Engagement

C.

Plan Scope Management; Collect Requirements; Define. Validate, and Control Scope; and Create WBS

D.

Define. Validate, and Control Scope. Control Costs. Manage Stakeholder Engagement, and keep budget under control

Questions 129

What scenario describes when a project must be created due to market demand?

Options:
A.

A public company authorizes a project to create a new service for electric car sharing to reduce pollution.

B.

A car company authorizes a project to build more fuel-efficient cars in response to gasoline shortages.

C.

Researchers develop an autonomous car. with several new features to be commercialized in the future.

D.

Stakeholders request that raw matenais be changed due to locally high costs.

Questions 130

Due to today's competitive global market, organizations require more than technical project management skills. Which of the following skills can support long-range strategic objectives that contribute to the bottom line?

Options:
A.

Planning and risk management skills

B.

Communication and time management skills

C.

Business intelligence and leadership skills

D.

Strategic and business management skills

Questions 131

If you are using an Ishikawa diagram to determine the root cause of problems, which process are you engaged in?

Options:
A.

Plan Quality Management

B.

Control Quality

C.

Risk Management

D.

Plan Scope Management

Questions 132

A project manager Is in the process of working with stakeholders to meet their needs and expectations, and identifying and fostering communication and involvement. Which process does this typically represent?

Options:
A.

Monitor Stakeholder Engagement

B.

Monitor Communications

C.

Manage Communications

D.

Manage Stakeholder Engagement

Questions 133

Deciding the phases of a project life cycle would be considered a part of which of these knowledge areas?

Options:
A.

Project Schedule Management

B.

Project Scope Management

C.

Project Resource Management

D.

Project Integration Management

Questions 134

A project team conducts regular standup meetings to keep everyone updated on what each one of them is working on. What type of communication is this?

Options:
A.

Informal

B.

Unofficial

C.

Formal

D.

Hierarchical

Questions 135

Which of the following is used to classify stakeholders based on their assessments of power, urgency, and legitimacy?

Options:
A.

Power interest grid

B.

Stakeholder cube

C.

Salience model

D.

Directions of influence

Questions 136

When developing the project schedule, a project manager uses decomposition and rolling wave planning techniques in this process.

Options:
A.

Develop Schedule

B.

Define Activities

C.

Define Scope

D.

Collect Requirements

Questions 137

Which of the following documents ate created as part of Project Integration Management?

Options:
A.

Project charter and project management plan

B.

Communications management plan and scope management plan

C.

Quality management plan and risk management plan

D.

Project scope statement and communications management plan

Questions 138

What are the key tools for managing project knowledge?

Options:
A.

Expert judgment and data gathering

B.

Networking and storytelling

C.

Data analysis and decision making

D.

Prototypes and product analysis

Questions 139

In a functional organization, the director of an important stakeholder business group expressed concern to a line manager about the progress of the project. What should the line manager do next?

Options:
A.

Hold a face-to-face meeting with the project manager and warn them.

B.

Point the director to a link where they can take a look at the reports.

C.

Invite stakeholders to attend monthly progress review meetings.

D.

Ask the project manager to update the monthly status report distribution list.

Questions 140

Under which circumstances should multiple projects be grouped in a program?

Options:
A.

When they are needed to accomplish a set of goals and objectives for an organization

B.

When they have the same project manager and the same organizational unit

C.

When they have the same scope, budget, and schedule

D.

When they are from the same unit of the organization