CAPM Practice Test Questions with 100 % Verified
Answers.
What is OPM3 - Correct Answer A PMI model designed to help organizations determine
their level of maturity in project management (Organizational Project Management
Maturity Model)
Management by Obectives - Correct Answer process of establishing clear and achievable
objectives, measuring their achievement, and adjusting performance in accordance with
the results of the measurement.
Employee and supervisor meet to discuss the objectives of the employee over the next
review period. At the end of the review period the performance of the employee is
reviewed relative to the objectives and adjustments are made.
During the full life cycle of the project, a plot of the project's expected expenditures will
usually follow a characteristic s curve, indicating that: - Correct Answer The bulk of the
project's budget will be spent in the execution phase.
At the beginning of execution the rate of the expenditures rises as people and materials
are brought into the project then peak and slow. By the end of the execution phase
expenditures are approaching a minimum.
Concept Phase - Correct Answer The Project phase where you expect to have the
greatest influence on the overall project cost.
Requirement - Correct Answer quantified and documented needs of stakeholders,
expectations of customer, expectations of sponsor
TQM (Total Quality Management) - Correct Answer a management philosophy that
focuses on satisfying customers through empowering employees to be an active part of
continuous quality improvement
Management Info Systems (MIS) - Correct Answer software that an enterprise uses to
support business and administrative operations
Answers.
What is OPM3 - Correct Answer A PMI model designed to help organizations determine
their level of maturity in project management (Organizational Project Management
Maturity Model)
Management by Obectives - Correct Answer process of establishing clear and achievable
objectives, measuring their achievement, and adjusting performance in accordance with
the results of the measurement.
Employee and supervisor meet to discuss the objectives of the employee over the next
review period. At the end of the review period the performance of the employee is
reviewed relative to the objectives and adjustments are made.
During the full life cycle of the project, a plot of the project's expected expenditures will
usually follow a characteristic s curve, indicating that: - Correct Answer The bulk of the
project's budget will be spent in the execution phase.
At the beginning of execution the rate of the expenditures rises as people and materials
are brought into the project then peak and slow. By the end of the execution phase
expenditures are approaching a minimum.
Concept Phase - Correct Answer The Project phase where you expect to have the
greatest influence on the overall project cost.
Requirement - Correct Answer quantified and documented needs of stakeholders,
expectations of customer, expectations of sponsor
TQM (Total Quality Management) - Correct Answer a management philosophy that
focuses on satisfying customers through empowering employees to be an active part of
continuous quality improvement
Management Info Systems (MIS) - Correct Answer software that an enterprise uses to
support business and administrative operations
