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Free PMI PMI-002 Practice Exam with Questions & Answers | Set: 13

Questions 181

You are in charge of developing a new product for a bank. Your quality metrics are based on the 80th percentile of each of the last three products developed. This is an example of:

Options:
A.

Statistical sampling

B.

Metrics

C.

Benchmarking

D.

Operational definitions

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Questions 182

A Project with a total funding of $70,000 was finished with a BAC value of $60,000. What term can best describe the difference of $10,000?

Options:
A.

Cost Variance

B.

Management Overhead

C.

Management Contingency Reserve

D.

Schedule Variance

Questions 183

A modification of a logical relationship that allows an acceleration of the successor task is represented by:

Options:
A.

Lead time

B.

Lag time

C.

Negative Lag

D.

a or g

Questions 184

Activity Resource Requirements is an input to ____________ :

Options:
A.

Estimate Activity Durations

B.

Control Schedule

C.

Sequence Activities

D.

Estimate Activity Resources

Questions 185

_______ is the most accurate Estimate Cost technique.

Options:
A.

Parametric modelling

B.

Bottom up estimating

C.

Analogous estimating

D.

None

Questions 186

A Precedence Diagramming Method (PDM) uses which of the following dependencies

Options:
A.

Finish-to-start

B.

Start-to-start

C.

Finish-to-finish

D.

Start-to-finish

Questions 187

Which of the following is a common characteristic of most project life cycle descriptions?

Options:
A.

Cost and staffing are low at the start, higher towards the end. and drop rapidly as the project nears completion.

B.

The probability of successfully completing the project is highest at the start of the project.

C.

Stakeholders have the most influence on the final characteristics of the product at the end of the project.

D.

a and b

Questions 188

Which of the following is an input to a Develop Human Resource Plan?

Options:
A.

Activity resource requirements

B.

Costbaseline

C.

Cost management plan

D.

Chart of accounts

Questions 189

__________ involves using project characteristics in a mathematical model

Options:
A.

Analogous estimating

B.

Life-cycle costing

C.

Parametric modelling

D.

Bottom up estimating

Questions 190

The Project Procurement Management includes:

Options:
A.

Procurement planning

B.

Solicitation planning

C.

Solicitation

D.

All of the above

Questions 191

If you are a project manager and a change request has been denied, you should:

Options:
A.

Record it and save it.

B.

Pass on to the project team.

C.

Forget it

D.

None

Questions 192

Which of the following is an output of a Verify Scope process?

Options:
A.

Formal acceptance

B.

WBStemplate

C.

SOW acceptance

D.

Rework

Questions 193

A Reserve Analysis involves:

Options:
A.

Estimating by multiplying the quantity of work by productivity rate

B.

Adding resource reserves to the activity resource estimates

C.

Developing project schedule with contingency reserves as a recognition of the schedule risk

D.

Incorporating time buffers into the activity duration estimates

Questions 194

A Project Scope Management includes :

Options:
A.

Initiation

B.

Project Plan Execution

C.

Overall Change Control

D.

Report Performance

Questions 195

Change requests should be ______ ?

Options:
A.

Formal

B.

Interesting

C.

Short

D.

None

Exam Code: PMI-002
Certification Provider: PMI
Exam Name: Certified Associate in Project Management (CAPM) Certification
Last Update: May 17, 2025
Questions: 748

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