CAPM Practice Exam (PMBOK Guide 6th Edition) 2024

CAPM Practice Exam (PMBOK Guide 6th Edition) 2024 Select the best description of the planning process group The process(es) required to establish the scope of the project, refine the objectives, and define the course of action required to attain the objectives that the project was undertaken to achieve. The process(es) required to establish the scope of the project, refine the objectives, and define the course of action required to include in the project charter The process(es) performed to define a new project or a phase of an existing project by obtaining authorization to start the project or phase. The process(es) required to plan how the project will take place through meetings with project stakeholders. -Answer-The process(es) required to establish the scope of the project, refine the objectives, and define the course of action required to attain the objectives that the project was undertaken to achieve. Which of the following data analysis techniques helps to determine which individual project risks or other sources of uncertainty have the most potential impact on project outcomes? Influence diagrams Decision tree analysis Simulations Sensitivity analysis -Answer-Sensitivity analysis Using the data below, which item is MOST over budget? Item--------PV--------AC--------EV 1--------10,000--------11,000--------10,000 2--------9,000--------8,000--------8,000 3--------8,000--------8,000--------8,000 4-------7,000-------7,000--------5,000 -Answer-Cost Performance Index (CPI) A CPI value of less than 1.0 indicates a cost overrun for work completed. A CPI Value greater than 1.0 indicates a cost under-run of performance to date. CPI = EV / AC Item 4 All of the following are characteristics of the project charter EXCEPT: It formally authorizes the existence of a project. It provides a direct link between the project and the strategic objectives of the organization. It is used primarily to request bids for a project or a specific phase of a project. It provides the project manager with the authority to apply organizational resources to project activities. -Answer-It is used primarily to request bids for a project or a specific phase of a project. Memos and emails are examples of what communication method? Interactive Push Pull Transmit Message -Answer-Push Which of the following contains information on the threats and opportunities that may impact resource planning? Resource Calendar Staff Release Plan Project Organization Chart Risk Register -Answer-Risk Register As the project manager, which of the following is your responsibility as part of the Monitoring and Controlling Process Group? Continuously monitor the work being completed Build team cohesiveness and relationships to both external and internal stakeholders Ensure stakeholder needs are being met in relation with the approved scope Integrate the various parts of the project work into a cohesive whole -Answer- Continuously monitor the work being completed Addressing any risks or potential risks or potential concerns related to stakeholders and anticipating future issues that may be raised by stakeholders are activities that are a part of which project management process