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Prerequisites
The PMI CAPM certification exam is intended for those professionals who are interested in or just starting a career in the project management domain. It is also intended for the members of project teams who would like to validate their project management expertise. This test also suits the individuals who do not possess project management experience but are interested in this professional sphere.
To be eligible for the PMI CAPM certification, the candidates need to have a high school diploma or its global equivalent and must satisfy the educational requirement, which is 23 hours of project management education completed by the time of sitting for the exam. The course offered by the vendor, Project Management Basics, fulfills this educational prerequisite.
NEW QUESTION # 213
How is the Project Scope Management process different in agile and adaptive projects than in traditional projects?
- A. Project scope management is the same in all projects
- B. Less time spent on scope management process
- C. More time spent on defining scope early on
- D. Less time spent on defining scope early on
Answer: D
NEW QUESTION # 214
A functional manager is delegating a key project to a project team without a project manager.
Which communication method will be most effective?
- A. Interactive
- B. Push
- C. Oral
- D. Verbal
Answer: A
NEW QUESTION # 215
The links between the processes in the Process Groups are often:
- A. Monitored
- B. Intuitive
- C. Iterative
- D. Measured
Answer: C
Explanation:
Section: Volume C
NEW QUESTION # 216
Which of the following technology platforms is most effective for sharing information when managing virtual project teams?
- A. Video conferencing
- B. Email/chat
- C. Shared portal
- D. Audio conferencing
Answer: B
NEW QUESTION # 217
Which of the following are processes associated with Project Cost Management?
- A. Plan Budget Management, Determine Budget, Create Cost Accounts, Control Costs
- B. Plan Cost Management, Estimate Costs, Determine Budget, Control Costs
- C. Develop Costs, Estimate Costs, Determine Budget, Control Costs
- D. Develop Budget, Determine Budget, Determine Risks, Control Costs
Answer: B
NEW QUESTION # 218
An input to the Plan Cost Management process is:
- A. Resource calendars
- B. The risk register
- C. The project charter
- D. Cost estimates
Answer: C
Explanation:
Section: Volume A
Explanation:
4.1.3.1 Project Charter
The project charter is the document issued by the project initiator or sponsor that formally authorizes the existence of a project and provides the project manager with the authority to apply organizational resources to project activities. It documents the business needs, assumptions, constraints, the understanding of the customer's needs and high-level requirements, and the new product, service, or result that it is intended to satisfy, such as:
Project purpose or justification,
Measurable project objectives and related success criteria,
High-level requirements,
Assumptions and constraints,
High-level project description and boundaries,
High-level risks,
Summary milestone schedule,
Summary budget,
Stakeholder list,
Project approval requirements (i.e., what constitutes project success, who decides the project is successful,
and who signs off on the project),
Assigned project manager, responsibility, and authority level, and
Name and authority of the sponsor or other person(s) authorizing the project charter.
Process: 7.1 Plan Cost Management
Definition: The process that establishes the policies, procedures, and documentation for planning, managing, expending, and controlling project costs.
Key Benefit: The key benefit of this process is that it provides guidance and direction on how the project costs will be managed throughout the project.
Inputs
1. Project management plan
2. Project charter
3. Enterprise environmental factors
4. Organizational process assets
Tools & Techniques
1. Expert judgment
2. Analytical techniques
3. Meetings
Outputs
Cost management plan
NEW QUESTION # 219
What is Project Portfolio Management?
- A. Management of a project by utilizing a portfolio of general management skills, such as planning, organizing, staffing, executing and controlling.
- B. Management of a project by dividing the project into more manageable sub- projects.
- C. Management of all projects undertaken by a company.
- D. Management of a collection of projects that are grouped together to facilitate effective management and meet strategic business objectives.
Answer: D
NEW QUESTION # 220
Scope, schedule, and cost parameters are integrated in the:
- A. Summary of changes approved in a period,
- B. Analysis of project forecasts,
- C. Performance measurement baseline.
- D. Analysis of past performance.
Answer: C
NEW QUESTION # 221
A weighting system is a tool for which area of Conduct Procurements?
- A. Selecting seller's
- B. Requesting seller responses
- C. Plan contracting
- D. Planning purchase and acquisition
Answer: A
Explanation:
Section: Volume D
Explanation
Explanation:
Process: 12.2 Conduct Procurements
Definition: Conduct Procurements is the process of obtaining seller responses, selecting a seller, and awarding a contract.
Key Benefit: The key benefit of this process is that it provides alignment of internal and external stakeholder expectations through established agreements.
Inputs
1. Procurement management plan
2. Procurement documents
3. Source selection criteria
4. Seller proposals
5. Project documents
6. Make-or-buy decisions
7. Procurement statement of work
8. Organizational process assets
Tools & Techniques
1. Bidder conference
2. Proposal evaluation techniques
3. Independent estimates
4. Expert judgment
5. Advertising
6. Analytical techniques
7. Procurement negotiations
Outputs
1. .Selected sellers
2. .Agreements
3. .Resource calendars
4. .Change requests
5. .Project management plan updates
6. .Project documents updates
NEW QUESTION # 222
A procurement management plan is a subsidiary of which other type of plan?
- A. Project management plan
- B. Cost control plan
- C. Resource plan
- D. Expected monetary value plan
Answer: A
Explanation:
Section: Volume C
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)
12.1.3.1 Procurement Management Plan
Definition: Procurement management plan is a component of the project management plan that describes how a project team will acquire goods and services from outside the performing organization. It describes how the procurement processes will be managed from developing procurement documents through contract closure.
The procurement management plan can include guidance for:
Types of contracts to be used;
Risk management issues;
Whether independent estimates will be used and whether they are needed as evaluation criteria;
Those actions the project management team can take unilaterally, if the performing organization has a
prescribed procurement, contracting, or purchasing department;
Standardized procurement documents, if needed;
Managing multiple suppliers;
Coordinating procurement with other project aspects, such as scheduling and performance reporting;
Any constraints and assumptions that could affect planned procurements;
Handling the long lead times to purchase certain items from sellers and coordinating the extra time needed to
procure these items with the development of the project schedule;
Handling the make-or-buy decisions and linking them into the Estimate Activity Resources and Develop
Schedule processes; the scheduled dates in each contract for the contract deliverables and coordinating with the schedule development and control processes; Identifying requirements for performance bonds or insurance contracts to mitigate some forms of project risk;
Establishing the direction to be provided to the sellers on developing and maintaining a work breakdown
structure (WBS);
Establishing the form and format to be used for the procurement/contract statements of work;
Identifying prequalified sellers, if any, to be used; and
Procurement metrics to be used to manage contracts and evaluate sellers.
A procurement management plan can be formal or informal, can be highly detailed or broadly framed, and is based upon the needs of each project.
NEW QUESTION # 223
Outputs from constituent processes might be used as:
- A. Inputs to other processes.
- B. Indicators to eliminate project redundancies.
- C. Identification of project tasks.
- D. Proof of process completion.
Answer: A
Explanation:
Section: Volume E
Explanation
NEW QUESTION # 224
Which statement is true about the project management body of knowledge?
- A. A sum of knowledge that should be applied on every project
- B. Constantly evolving
- C. The sum of all knowledge related to project management
- D. Recognized by every project manager
Answer: B
Explanation:
Section: Volume E
NEW QUESTION # 225
Team performance assessments is an output of which of the following processes?
- A. Develop Project Team
- B. Manage Project Team
- C. Perform Quality Control
- D. Develop Human Resource Plan
Answer: A
NEW QUESTION # 226
Define Activities and Estimate Activity Resources are processes in which project management Knowledge Area?
- A. Project Time Management
- B. Project Cost Management
- C. Project Human Resource Management
- D. Project Scope Management
Answer: A
NEW QUESTION # 227
When project requirements are documented in user stories then prioritized and refined just prior to construction, which approach is being used for scheduling?
- A. Life cycle scheduling with backlog
- B. On-demand scheduling
- C. Defining iterative activities
- D. Iterative scheduling with backlog
Answer: D
Explanation:
Section: Volume E
NEW QUESTION # 228
A project manager is talking with their manager about the advantages of following a particular project management approach. What component of the project manager's sphere of influence does this represent?
- A. Professional discipline
- B. The organization
- C. Across disciplines
- D. The project
Answer: A
Explanation:
Section: Volume E
NEW QUESTION # 229
Who is responsible for developing the project management plan and all related component plans?
- A. Project manager
- B. Project team
- C. Portfolio manager
- D. Project management office
Answer: A
Explanation:
Section: Volume E
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 # 230
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The CAPM certification exam measures an individual's knowledge and understanding of project management processes, techniques, and terminology. The exam consists of 150 multiple-choice questions and takes three hours to complete. The exam is administered at a Pearson VUE testing center and can be taken online or in person.
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