CAPM Practice Exam 265 Questions with Verified Answers,100% CORRECT

CAPM Practice Exam 265 Questions with Verified Answers Which of the following is the process of monitoring the status of the project to update the project schedule and manage changes to the schedule? - CORRECT ANSWER Control schedule Risk transference nearly often involves: - CORRECT ANSWER Payment of a risk premium to the party taking on the risk The interaction of the various system components creates the organizational culture and capabilities that are important for the project. Which role is typically responsible for establishing the system?: - CORRECT ANSWER Organization's management Which of the following is the process of translating the quality management plan into executable quality activities that incorporate the organization's quality policies into the project?: - CORRECT ANSWER Manage quality You are observing and checking the progress and quality of project stakeholder relationships and adjusting strategies and plans for engaging stakeholders. This is known as: - CORRECT ANSWER Monitor stakeholder engagement What is the wbs typically used for?: - CORRECT ANSWER To organize and define the total scope of the project Which of the following is a process whereby modifications to documents, deliverables, or baselines associated with the project are identified, documented, approved, or rejected?: - CORRECT ANSWER Change control What is a work breakdown structure (WBS)?: - CORRECT ANSWER A hierarchical decomposition of the total scope of work to be carried out to accomplish the project objectives and create the required deliverables All of the following are inputs to manage project knowledge except: - CORRECT ANSWER Knowledge management? Culture is a personality characteristic or trait that includes which of the following components?: - CORRECT ANSWER Values, norms, and beliefs What is an input of plan scope management?: - CORRECT ANSWER Quality management plan All of the following are outputs to close project or phase except: - CORRECT ANSWER EEFs A change control board (CCB) is: - CORRECT ANSWER A formally chartered group responsible for reviewing, evaluating, approving, deferring, or rejecting changes to the project Which of the following is an output of control procurements, the requirements for which are usually defined in the terms and conditions of the contract and are included in the procurement management plan?: - CORRECT ANSWER Closed procurements Which of the following contract types are used when the requirements are well defined and no significant changes to the scope are expected?: - CORRECT ANSWER Fixed-price contracts Which of the following are used to describe the scope baseline?: - CORRECT ANSWER Approved version of the scope statement, wbs, and it's associated wbs dictionary Which of the following is an input to the sequence activities process?: - CORRECT ANSWER Scope baseline Operations are ongoing endeavors that produce repetitive outputs, with resources assigned to do basically the same set of tasks according to the standards institutionalized in a product life cycle, whereas projects are which of the following?: - CORRECT ANSWER Temporary endeavors What is the key benefit of the planning process group?: - CORRECT ANSWER Defines the coa to successfully complete the project or phase What is the key benefit of creating the wbs?: - CORRECT ANSWER It provides a framework for what has to be delivered What is the key benefit of the executing process group?: - CORRECT ANSWER The work needed to meet the project requirements and objectives is performed according to plan Personality refers to the individual differences in characteristic patterns of thinking, feeling, and behaving. Which of the following are the least appropriate characteristics for project managers?: - CORRECT ANSWER Project managers are responsible for guiding the team, and completing which of the following when performing integration on the project?: - CORRECT ANSWER Work with the sponsor to understand the strategic objectives What are some key benefits of the Close Project or Phase process?: - CORRECT ANSWER The planned work is completed, and organizational team resources are released When performing integration on the project, the role of the project manager is: - CORRECT ANSWER To work with the project sponsor to understand the strategic objectives and ensure alignment of objectives and results with the project and business area Monitor communications is the process of: - CORRECT ANSWER Ensuring that the information needs of the project stakeholders are met throughout the entire project life cycle The three dimensions of complexity are defined as which of the following: - CORRECT ANSWER System behavior, human behavior, uncertainty at the work organization/environment Which of the following resources ensure that the project receives the best resources possible in the required timeframe and until their responsibilities are complete?: - CORRECT ANSWER Functional managers A significant amount of data is collected and analyzed throughout the project. All of the following are examples of project data and information EXCEPT: - CORRECT ANSWER Work performance analysis Which of the following is a technique of the plan communications management process that determines the information needs of the project stakeholders?: - CORRECT ANSWER Communications requirements analysis What tasks should be part of the scope management plan?: - CORRECT ANSWER Define a strategy for handling scope change requests and create a wbs Unplanned training takes place as a result of which of the following?: - CORRECT ANSWER Observation and conversation Which type of float is described as the amount of time that a schedule activity can be delayed or extended from its early start date without delaying the project finish date or violating a schedule constraint?: - CORRECT ANSWER Total float Which of the following does not get updated as an output of the monitor stakeholder engagement process?: - CORRECT ANSWER Configuration management Which of the following is an output of the monitor communications process?: - CORRECT ANSWER Work performance information Which of the following describes test and evaluation documents: - CORRECT ANSWER Project documents that describe the activities used to determine if the product meets the quality objectives stated in the quality management plan As an output of the monitor risks process, an updated risk register generally includes the following except: - CORRECT ANSWER WBS The cost of quality associated with a project consists of one of more of which of the following costs?: - CORRECT ANSWER What tool or technique is used to obtain information from stakeholders by speaking with them directly?: - CORRECT ANSWER Interviews Updates to project documents such as schedule and cost forecasts, work performance reports, and the issue log are outputs of what process?: - CORRECT ANSWER Monitor and control project work All of the following statements about manage stakeholder engagement are true EXCEPT: - CORRECT ANSWER The ability of stakeholders to influence the project is typically lowest during the initial stages and gets progressively higher as the project progresses Determining the approximate monetary resources required to complete project activities is the purpose of what project cost management process?: - CORRECT ANSWER Estimate costs What type of analysis examines project performance over time to determine whether performance is improving or deteriorating?: - CORRECT ANSWER Trend Manage stakeholder engagement involves all of the following activities except: - CORRECT ANSWER Avoiding potential concerns that have not yet become issues Which of the following best describes the overall purpose of the lessons learned register?: - CORRECT ANSWER To improve the performance of the project and avoid repeating mistakes Which of the following describes a schedule compression techniques used to shorten the schedule duration for the least incremental cost by adding resources?: - CORRECT ANSWER Crashing What is an output of the perform qualitative risk analysis process?: - CORRECT ANSWER Project documents updates The perform qualitative risk analysis process assesses the priority of identified risks using all of the following except: - CORRECT ANSWER Which of the following best describes how risk checklists are developed?: - CORRECT ANSWER Developed based on historical information and knowledge that has been accumulated from similar projects Which of the following are outputs of the plan risk responses process?: - CORRECT ANSWER Change requests, project management plan updates, and project documents updates Effective project management helps individuals, groups, and public and private organizations to: - CORRECT ANSWER Satisfy stakeholder expectations and optimize the use of organizational resources Which phrase BEST defines the source selection criteria?: - CORRECT ANSWER A set of attributes desired by the buyer which a seller is required to meet or exceed to be selected for a contract Governance is the framework within which authority is exercised in organizations. This framework includes all of the following components EXCEPT: - CORRECT ANSWER Techniques Which of the following describes the scope management plan?: - CORRECT ANSWER How the scope will be defined, developed, monitored, controlled, and validated Which of the following is a form of project life cycle that may also be referred to as a waterfall life cycle: - CORRECT ANSWER Predictive life cycle When managing a global project, you are likely to consult the WBS dictionary to find: - CORRECT ANSWER Detailed deliverable, activity, and scheduling information about each component in the WBS Identifying quality requirements and/or standards for the project and its deliverables and documenting how the project will demonstrate compliance with quality requirements is: - CORRECT ANSWER Plan quality management An output of the control resources process is: - CORRECT ANSWER Work performance information When does the control resources process typically take place in the project life cycle?: - CORRECT ANSWER Periodically throughout the project What tool or technique can be used in the monitor and control project work process?: - CORRECT ANSWER Trend analysis You can use which of these as tools and techniques in the monitor and control project work process?: - CORRECT ANSWER Meetings All of the following are part of the project performance summary in the final report except: - CORRECT ANSWER Environmental objectives Which of the following are estimated for resources that are applied to the cost estimate?: - CORRECT ANSWER Labor, materials, and equipment Which two project management processes belong to the initiating process group?: - CORRECT ANSWER Develop project charter and identify stakeholders In the plan risk responses process, an accept strategy for a negative risk or threat indicates that the project team has decided: - CORRECT ANSWER Not to change the project management plan to deal with a risk, or is unable to identify any other suitable response strategy What output is part of the control scope process?: - CORRECT ANSWER Change requests Evolving trends in integration processes include which of the following?: - CORRECT ANSWER Use of automated tools and visual management tools OPAs influence the management of projects. Which of the following best describes the important categories of OPAs?: - CORRECT ANSWER Organization knowledge bases, processes, policies, and procedures? Which of the following are processes, policies, and procedures for conducting project work during executing, monitoring, and controlling?: - CORRECT ANSWER Traceability matrices and project closing guidelines The PMBOK Guide is the standards for: - CORRECT ANSWER Managing most projects most of the time The risk management plan generally includes all of the following EXCEPT: - CORRECT ANSWER Responses to individual risks What are the objectives of the project risk management knowledge area?: - CORRECT ANSWER Increase positive events and decrease negative events Acquire resources is the process of confirming resource availability and obtaining the team necessary to complete project activities. The EEFs that can influence this process generally include all of the following EXCEPT: - CORRECT ANSWER Political philosophy All of the following are external environmental factors EXCEPT: - CORRECT ANSWER Organization values and principles Where are high-level strategic and operational assumptions and constraints normally identified?: - CORRECT ANSWER The business case before the project is initiated and will flow into the project charter The buyer prepares procurement documents, which include all of the following EXCEPT: - CORRECT ANSWER Control procurement documents The cost management plan has all of the following characteristics EXCEPT: - CORRECT ANSWER It is based on project cost estimates and is separate from the project management plan Control charts have all of the following characteristics EXCEPT: - CORRECT ANSWER What is the best definition of the variance at completion (VAC)?: - CORRECT ANSWER A projection of the amount of budget deficit or surplus, expressed as the difference between the budget at completion and the estimate at completion The completed deliverables that have not been formally accepted are documented, along with the reasons for non-acceptance of those deliverables. Those deliverables may require what?: - CORRECT ANSWER Change request for defect repair Complexity exhibits all of the following characteristics EXCEPT: - CORRECT ANSWER Containing high-risk parts Select the best description of the monitoring and controlling process group: - CORRECT ANSWER The process required to track, review, and regulate the progress and performance of the project; identify any areas in which changes to the plan are required; and initiate the corresponding changes Select the best description of the closing process group: - CORRECT ANSWER The process performed to formally complete or close a project, phase, or contract Select the best description of the initiating process group?: - CORRECT ANSWER The process performed to define a new project or a new phase of an existing project by obtaining authorization to start the project or phase How many project management processes belong to the closing process group?: - CORRECT ANSWER 1 The basis for continuous quality improvement is the: - CORRECT ANSWER Plan do check act A documented economic feasibility study used to establish the validity of the benefits of a selected component lacking sufficient definition and that is used as a basis for the authorization of further project management activities is which of the following?: - CORRECT ANSWER Business case In agile/adaptive environments, who determines how plans and components should integrate?: - CORRECT ANSWER Team members The responsibility assignment matrix (RAM) is: - CORRECT ANSWER What is an input of pan scope management?: - CORRECT ANSWER Quality plan management Which of the following definition of a RACI chart?: - CORRECT ANSWER A common type of responsibility assignment matrix to define the involvement of stakeholders in project activities Lessons learned documentation generally includes all of the following EXCEPT: - CORRECT ANSWER Other types of lessons learned about communications management? Which of the following is the best definition of a quality audit?: - CORRECT ANSWER A structured, independent process to determine if project activities comply with organizational and project policies, processes, and procedures Which of the following is a definition of work performance data in project management?: - CORRECT ANSWER The raw observations and measurement identified during activities performed to carry out the project work Which of the following are close project and phase tools and techniques: - CORRECT ANSWER Expert judgement, data analysis, meetings In earned value management, the cost variance is equal to: - CORRECT ANSWER EV - AC Within conflict management, which of the following are sources of conflict?: - CORRECT ANSWER Scare resources, scheduling priorities, and personal work styles The communications management plan usually contains all of the following EXCEPT: - CORRECT ANSWER Email archives, correspondence, reports, and documents related to the project from all stakeholders Identification information, assessment information, and stakeholder classification are included in which of the following documents?: - CORRECT ANSWER Stakeholder analysis Which of the following are deliverables that are completed and checked for correctness through the control quality process?: - CORRECT ANSWER Verified deliverables Any activity on the critical path in a project schedule describes which of the following?: - CORRECT ANSWER Critical path activity Outputs from the estimate activity resources process include which of the following?: - CORRECT ANSWER Identification of the types and quantities of resources required for each activities in a work package The outputs from the monitor risks process include all of the following except: - CORRECT ANSWER Project management plan updates Iterative and agile approaches promote the engagement of which of the following as local domain experts in project integration management?: - CORRECT ANSWER Team members Constructive changes are: - CORRECT ANSWER Identified and documented by project correspondence SWOT analysis has all of the following characteristics EXCEPT: - CORRECT ANSWER It identifies strengths and weaknesses of the organization, regardless of the specific project or the general business area What is used to construct a schedule model in which activities are represented by nodes and graphically linked by one or more logical relationships to show the performance sequence?: - CORRECT ANSWER Precedence diagramming method (PDM) The cost performance baseline has all of the following characteristics EXCEPT: - CORRECT ANSWER It shows the actual cost expenditures throughout the project life cycle Which of the following are examples of internal and external enterprise environmental factors?: - CORRECT ANSWER Information technology software and marketplace conditions Risk probability and impact assessments consider the likelihood that a risk will occur and its potential effect on project objectives, respectively. Which of the following characteristics further describe this data analysis technique?: - CORRECT ANSWER The level of probability and its impact on each objective are evaluated during interviews or meetings Which of the following is the process of monitoring project stakeholder relationships and tailoring strategies for engaging stakeholders through modification of engagement strategies and plans?: - CORRECT ANSWER Monitor stakeholder engagement Control charts have all of the following characteristics EXCEPT: - CORRECT ANSWER Which project schedule model displays start and end dates, as well as expected durations?: - CORRECT ANSWER Bar/Gantt Charts Which of the following is the process of analyzing activity sequences, durations, resource requirements, and schedule constraints to create the project schedule module for project execution and monitoring and controlling?: - CORRECT ANSWER Develop schedule Which of the following can be used as an input in the direct and manage project work process?: - CORRECT ANSWER Project documents Identifying quality requirements and/or standards for the project and its deliverables and documenting how the project will demonstrate compliance with quality requirements is: - CORRECT ANSWER Plan quality management Within the conduct procurements process, expert judgement should be considered from individuals or group with specialized knowledge or training in which of the following topics?: - CORRECT ANSWER Proposal evaluation All of the following are tools and techniques of the conduct procurements process except: - CORRECT ANSWER Bid gathering analysis Which of the following are included in approved change requests?: - CORRECT ANSWER Modifications to the terms and conditions of the contract What is the key difference between a bid and a proposal?: - CORRECT ANSWER A bid is used when the selection decision will be based on price Requirement-related activities are the responsibility of which role within the project scope management knowledge area?: - CORRECT ANSWER Business analyst As part of the communication model, the sender is responsible for: - CORRECT ANSWER Confirming that the communication is correctly understood Which of the following strategies for threats involve payment of a risk premium to the party taking on the threat?: - CORRECT ANSWER Transfer When is the plan risk management process performed in a project?: - CORRECT ANSWER Once or at predetermined points in a project The organization's processes and procedures for conducting project work during executing, monitoring, and controlling include all of the following EXCEPT: - CORRECT ANSWER The planning process group contains which of the following?: - CORRECT ANSWER The project management processes that occur when the project is being organized and prepared The stakeholder engagement plan is updated regularly to reflect changes to the stakeholder community. Which of the following is not a trigger that would signify an update should be made?: - CORRECT ANSWER When you decide to begin root cause analysis on our stakeholder group What are the four processes in project stakeholder management?: - CORRECT ANSWER Identify stakeholders, plan stakeholder engagement, manage stakeholder engagement, and monitor stakeholder engagement Which of the following are key elements of the benefits management plan?: - CORRECT ANSWER Strategic alignment, assumptions, and risks All of the following are true about conflict management except: - CORRECT ANSWER It should be addressed only when it becomes disruptive and at an official team meeting Which of the following processes provides guidance and direction on how quality will be managed and verified throughout the project?: - CORRECT ANSWER Plan quality management Which of the following are deliverables that are formally signed off and approved by the authorized stakeholder?: - CORRECT ANSWER Accepted deliverables Which of the following are inputs to close project or phase?: - CORRECT ANSWER Project charter, accepted deliverables, and opas What is the right to apply project resources, expend funds, make decisions, or give approvals?: - CORRECT ANSWER Authority The organization's processes and procedures for conducting project work during project initiation and planning include all of the following except: - CORRECT ANSWER Traceability matrices Project cost management includes all of the following processes except: Level resources Whose objectives does the project quality management aim to meet?: - CORRECT ANSWER Stakeholders Which of the following is an output of the determine budget process?: - CORRECT ANSWER Project funding requirements Each of the following is true about project stakeholder management except: - CORRECT ANSWER Failure to manage and control physical resources efficiently may reduce the chance of completing the project successfully What do affinity diagrams allow to be classified into groups for review and analysis: - CORRECT ANSWER A large number of ideas To communicate effectively, the project manager should do which of the following?: - CORRECT ANSWER Communicate predictably and consistently Which of the following is an input of the plan risk management process?: - CORRECT ANSWER Project charter Which of the following is a tool or technique for the validate scope process?: - CORRECT ANSWER Inspection Projects operate within the constraints imposed by the organization through their structure and governance framework. The system factors include all of the following except: - CORRECT ANSWER Project management processes Which of the following are included in the risk management plan?: - CORRECT ANSWER Methodology, funding, and timing Which of the following tools and techniques are included in the monitor stakeholder engagement process?: - CORRECT ANSWER Decision making The following are key differences between management and leadership except: - CORRECT ANSWER As the project manager, which of the following is not your responsibility as part of the closing process group?: - CORRECT ANSWER Transition resources to their next assignments All of the following are considerations for tailoring in project quality management except: - CORRECT ANSWER Stakeholder management Addressing any 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?: - CORRECT ANSWER Manage stakeholder engagement Which of the following are close project and phase tools and techniques?: - CORRECT ANSWER Expert judgement, data analysis, and meetings Which of the following requirements describes temporary capabilities needed to move from the current as-is state to the desired future state?: - CORRECT ANSWER Transition and readiness requirements What is calculated using a percentage of the estimated activity duration, or a fixed number of work periods?: - CORRECT ANSWER Contingency reserve Which of the following describes capabilities that are temporary and are no longer needed after the new product/service/result is ready?: - CORRECT ANSWER Transition requirements Which of the following is a PMIS tool that can be used to execute the manage communications process?: - CORRECT ANSWER Social media management What output is part of the control scope process?: - CORRECT ANSWER Change requests What is the definition of the work package?: - CORRECT ANSWER The work defined at the lowest level of the wbs for which cost and duration are estimated and managed Configuration management and issue defect management data are examples of which of the following? - CORRECT ANSWER Organizational knowledge repositories An output of the define scope process is: - CORRECT ANSWER Project scope statement What is the purpose of the initiating process group?: - CORRECT ANSWER Align the stakeholders expectations and the project purpose, inform stakeholders of the scope and objectives, and discuss how their participation in the project and its associated phases can help to ensure their expectations are met All of the following are true about affinity diagrams except: - CORRECT ANSWER They are used to identify the key issues to be prioritized as a set of decisions for implementation To increase the chances of success, when should the process of stakeholder identification and engagement commence?: - CORRECT ANSWER As soon as possible after the project charter has been approved The project charter establishes a partnership between which organizations?: - CORRECT ANSWER Performing and requesting Which of the following represents processes concerned with establishing and controlling the cost baseline?: - CORRECT ANSWER Estimate costs, develop budgement, and adhere to baseline Which of the following is a tool and technique to the control schedule process?: - CORRECT ANSWER Schedule compression What is the purpose of the preventive action change request?: - CORRECT ANSWER Ensuring the future performance of the project work is aligned with the project management plan The quality management plan is a component of the ___, which describes how the organization's quality policies will be implemented?: - CORRECT ANSWER Project management plan All of the following are potential information in organizational knowledge repositories EXCEPT: - CORRECT ANSWER List of employees Which of the following processes is included in project integration management?: - CORRECT ANSWER Develop project charter Which of the following is not an output of the control scope process?: - CORRECT ANSWER Accepted deliverables Tools and techniques of the perform quantitative risk analysis process include: - CORRECT ANSWER Expert judgement, data gathering, simulations, and decision tree analysis What is the key benefit of managing project knowledge?: - CORRECT ANSWER Prior knowledge is leveraged to improve outcomes and knowledge created is available to support future projects All of the following are characteristics of the project charter except: - CORRECT ANSWER It is used primarily to request bids for a project or a specific phase of a project Agile scope planning is especially useful when: - CORRECT ANSWER Business requirements are not stable Time or money allocated in the schedule or cost baseline for known risks with active response strategies is: - CORRECT ANSWER Contingency reserve Which of the following is an output of the estimate activity resource process?: - CORRECT ANSWER Resource breakdown structure What is an output of the estimate costs process?: - CORRECT ANSWER Basis of estimates Which of the following are personality characteristics or traits: - CORRECT ANSWER Authentic, courteous, and emotional Which of the following is a tool and technique used in the perform qualitative risk analysis process?: - CORRECT ANSWER Risk categorization Agreements and procurement documentation are inputs to which process associated with project risk management?: - CORRECT ANSWER Identify risks Customer satisfaction requires a combination of which of the following?: - CORRECT ANSWER Combination of conformance to requirements and fitness for use What process prioritizes individual project risks for future analysis or action by assessing their probability of occurrence and impact?: - CORRECT ANSWER Perform qualitative risk analysis Which of the following are interpersonal and team skills used as part of the manage stakeholder engagement process?: - CORRECT ANSWER Negotiation and conflict management What is the output of the control scope process?: - CORRECT ANSWER Project documents updates Subsidiary management plan components include scope management plan and which of the following?: - CORRECT ANSWER Cost management plan Each of the following is true of project schedule management except: - CORRECT ANSWER It may require project managers to be familiar with sampling, including attribute sampling and variable sampling Select the best description of the executing process group: - CORRECT ANSWER The processes performed to complete the work defined in the project management plan to satisfy the project requirements Which of the following is true of project management process groups?: - CORRECT ANSWER Process groups are independent of the application area or industry focus As the project manager, which of the following is NOT your responsibility as part of the executing process group?: - CORRECT ANSWER Sign off on all legal agreements and documents Which of the following data analysis techniques helps to determine which individual project risks or other resources of uncertainty have the most potential impact on project outcomes?: - CORRECT ANSWER Sensitivity analysis How many project management processes belong to the monitoring and controlling process group?: - CORRECT ANSWER 12 Which of the following project management processes do not belong to the monitoring and controlling process group?: - CORRECT ANSWER Direct and manage project work Which of the following is an output to the control schedule process?: - CORRECT ANSWER Schedule forecasts Which of the following is an output to the plan schedule management process?: - CORRECT ANSWER Schedule management plan Evolving trends in integration processes include which of the following?: - CORRECT ANSWER Use of automated tools and visual management tools How many project management processes belong to the executing process group?: - CORRECT ANSWER 10 Project cost control includes all of the following except: - CORRECT ANSWER Which of the following is a tool or technique for the determine budget process?: - CORRECT ANSWER reserve analysis Which of the following is the process of ensuring the information needs of the project and its stakeholders are met?: - CORRECT ANSWER Monitor communications All of the following are true about the project scope management plan except: - CORRECT ANSWER It is not related to the project management plan Which of the following is true about the wbs: - CORRECT ANSWER Each descending level of the wbs represents an increasingly detailed definition of the project work? The main purpose of control charts is to: - CORRECT ANSWER Determine whether or not the process is stable or has predictable performance All of the following statements about the project life cycle and the product life cycle are true except: - CORRECT ANSWER The product life cycle is contained within the predictive project life cycle Which of the following are types of project management office (PMO) structures?: - CORRECT ANSWER Supportive, controlling, and directive Which of the following outputs is generated as a result of conducting the plan cost management process?: - CORRECT ANSWER Cost management plan Which of the following is affected by resource availability, resource requirements, and types of resources?: - CORRECT ANSWER The duration of the activity Which of the following are dimensions of communication activities: - CORRECT ANSWER Formal and informal Dawn is a project manager in a successful product launch in silicon valley. She often comes across factors in the planning process that are considered to be true, real, or certain, without proof or demonstration. These are called: - CORRECT ANSWER Assumptions What is the key benefit of the monitor stakeholder engagement process?: - CORRECT ANSWER To maintain or increase the efficiency and effectiveness of stakeholder engagement activities as the project evolves and its environment changes Which of the following tools and techniques are used in the implement risk responses process?: - CORRECT ANSWER Interpersonal and team skills Which of the following is the best definition of the perform qualitative risk analysis process?: - CORRECT ANSWER Prioritizing individual project risks for further analysis or action by assessing their probability of occurrence and impact The processes of project risk management are: - CORRECT ANSWER Plan risk management, identify risks, perform qualitative risk analysis, perform quantitative risk analysis, plan risk responses, implement risk responses, and monitor risks Which of the following best describes analogous duration estimating: - CORRECT ANSWER Used to estimate project duration when there is a limited amount of detailed information about the project The collection of generally sequential and sometimes overlapping project phases, whose name and number are determined by the management and control needs of the organization or organizations involved in the project, is known as: - CORRECT ANSWER Project life cycle Which of the following plans can be formal or informal, broadly framed or highly detailed, based on the needs of the project?: - CORRECT ANSWER Scope management plan You are involved in collecting requirements for your project. You are likely to use the stakeholder register for all of the following except: - CORRECT ANSWER Evaluating the product breakdown structure (PBS) associated with each of the key stakeholders What does the schedule management plan establish?: - CORRECT ANSWER The criteria and the activities for developing, monitoring, and controlling the schedule What is the name of a formally chartered group responsible for reviewing, evaluating, approving, deferring, or rejecting changes to the project, and for recording and communicating such decisions?: - CORRECT ANSWER Change control board What is the process of developing options, selecting strategies, and agreeing on actions to address overall project risk exposure, as well as to treat individual project risks?: - CORRECT ANSWER Plan risk responses An output of the identify risks process is the: - CORRECT ANSWER Risk register When tailoring processes for project quality management, you should consider all of these except: - CORRECT ANSWER Project complexity, uncertainty, and product novelty At what point in the project is the monitor stakeholder engagement process performed?: - CORRECT ANSWER The process is performed throughout the project When a buyer seeks to ensure that a proposal selected will offer the best quality for the services required, what type of evaluation is used?: - CORRECT ANSWER Source selection criteria Which of the following project documents are updated as a result of the implement risk responses process?: - CORRECT ANSWER Risk register The implement risk responses process ensures that agreed-upon risk responses are executed as planned in order to do what?: - CORRECT ANSWER Address overall project risk exposure, minimize individual project threats, and maximize individual project opportunities Which of the following processes helps to ensure that stakeholders clearly understand the project goals, objectives, benefits, and risks for the project, as well as how their contribution will enhance project success?: - CORRECT ANSWER Manage stakeholder engagement Which output of plan resource management provides guidance on how team resources should be defined, staffed, managed and eventually released?: - CORRECT ANSWER Resource management plan What is an output of plan scope management?: - CORRECT ANSWER Requirements management plan Which of the following is the least likely project consideration regarding tailoring?: - CORRECT ANSWER Project manager's skills and competency Which of the following is the process of developing approaches to involve project stakeholders based on their needs, expectations, interests, and potential impact on the project?: - CORRECT ANSWER Plan stakeholder engagement All of the following are inputs to the plan procurement management process except: - CORRECT ANSWER Procurement strategy The configuration management plan describes: - CORRECT ANSWER How information about the items of the project and which items will be recorded and updated so that the results of the project remain consistent The monitor stakeholder engagement process entails what?: - CORRECT ANSWER Relationships What is the purpose of the standard for project management?: - CORRECT ANSWER Identifies the processes that are considered good practices on most projects, most of the time All of the following are primary benefits of meeting quality requirements except: - CORRECT ANSWER Fewer change orders On completion of the identify risks process, which of the following would be included in the risk register?: - CORRECT ANSWER List of identified risks All of the following are inputs to the identify risks process except?: - CORRECT ANSWER Risk mitigation plan? Who should be included in a project schedule development meeting?: - CORRECT ANSWER Team members, sponsors, selected stakeholders, and those with scheduling or executing duties Which of the following describes the scope management plan?: - CORRECT ANSWER How the scope will be defined, developed, monitored, controlled, and validated What type of chart is well-suited for displaying detailed descriptions of team member responsibilities?: - CORRECT ANSWER Text-oriented You are using a classification model for stakeholder analysis that groups the stakeholders based on their level of authority and their level of concern regarding the project outcomes. The following techniques are included in this model except: - CORRECT ANSWER Salience model Inputs to control quality include all of the following except?: - CORRECT ANSWER PERT chart Which of the following best describes the collect requirements process?: - CORRECT ANSWER Determines, documenting, and managing stakeholder needs and requirements to meet objectives Which of the following are examples of source selection criteria?: - CORRECT ANSWER Delivery dates and financial stability What is the main purpose of the stakeholder register?: - CORRECT ANSWER Identify stakeholders who can provide information on the requirements Which of the following is an input to the plan schedule management process?: - CORRECT ANSWER Scope management plan What input to the plan quality management process includes assumption log, requirements documentation, requirements traceability matrix, risk register, and stakeholder register?: - CORRECT ANSWER Project documents Which of the following describes the procurement statement of work (SOW)?: - CORRECT ANSWER Description of the procurement item in sufficient detail to allow prospective seller to determine if they are capable of providing the products, service, or results How is the statement of work (SOW) for a procurement development?: - CORRECT ANSWER It is developed from the project scope baseline and defines only that portion of the project scope that is to be included within the related contract An input to the define scope process is: - CORRECT ANSWER Project charter Project integration management includes all of the following concepts except: - CORRECT ANSWER Prevention is preferred over inspection. Is it better to design quality into deliverables, rather than find quality issues during inspection Benchmarking involves comparing actual or planned project practices to those of comparable projects with all of the following characteristics except: - CORRECT ANSWER Comparing practices only within the same application area In rolling wave planning: - CORRECT ANSWER The work to be accomplished in the near term is planned in detail, whereas the work in the future is planned at a higher level Which of the following is an input to the plan communications management process?: - CORRECT ANSWER Project charter Which of the following is a structured independent process used to determine if project activities comply with organizational and project policies, and procedures?: - CORRECT ANSWER Audit Which of the following is contained in the project scope statement?: - CORRECT ANSWER Major deliverables Inputs to the define activities process are: - CORRECT ANSWER Schedule management plan scope baseline, eefs, opas A relationship that is contractually required or inherent in the nature of the work best describes which of the following?: - CORRECT ANSWER Mandatory dependency What does the project scope statement describe?: - CORRECT ANSWER Work that will be performed and the work that is excluded Which of the following allows stakeholders to experiment with a model of the final product rather than being limited to discussing abstract representations of their requirements?: - CORRECT ANSWER Prototypes How is the cost baseline developed?: - CORRECT ANSWER As a summation of the approved budgets for the different schedule activities As an output of the perform quantitative risk analysis process, project documents are updated. One such update is: - CORRECT ANSWER Risk report? During which time are team members' commitments to the project strengthened?: - CORRECT ANSWER Planning What is an input to the estimate costs process?: - CORRECT ANSWER Risk register, scope baseline What is an input to the develop project management plan process?: - CORRECT ANSWER The major processes of project resource management are: - CORRECT ANSWER Plan resource management, estimate activity resources, acquire resources, develop team, manage team, and control resources