CAPM Questions with Answers (100%
Correct Answers)
A project is
a. A set of sequential activities performed in a process or system
b. A revenue-generating activity that needs to be accomplished while achieving
customer satisfaction.
c. An ongoing endeavor undertaken to meet customer or market requirements.
D. A temperate endeavor undertaken to create a unique product, service, or
result. Answer: d. A temporary endeavor undertaken to create a unique
product, service, or result
Project management is
a. The integration of the critical path method and the Earned Value
Management system
b. The application of knowledge, skills, tools, and techniques to project
activities to meet the project requirements.
c. The application of knowledge, skills, wisdom, science, and art to
organizational activities to achieve operational excellence.
d. A subset of most engineering and other technical disciplines. Answer: B. The
application of knowledge, skills, tools, and techniques to project requirements.
Portfolio management refers to
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a. Managing various contents of the project file.
b. Managing the levels of financial authority to facilitate project decision
making.
c. The centralized management of one or more portfolios to achieve strategic
objectives.
d. Applying resource-leveling heuristics across all the organization's projects to
achieve the organization's strategic objectives Answer: c. The centralized
management of one or more portfolios to achieve strategic objectives
All of the following are questions that the key stakeholders and project
managers should answer to develop the project success measures EXCEPT:
a. What does success look like for the project?
b. How will success be measured?
c. What are the communication requirements?
d. What factors may impact success? Answer: c. What are the communication
requirements?
A program is:
a. Group of related tasks lasting one year or less.
b. Group of related projects, subsidiary programs, and program activities
managed in a coordinated manner.
c. Large projects with significant cost and resource requirements.
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d. Sequence of activities consisting a major project. Answer: b. Group of
related projects, subsidiary programs, and program activities managed in a
coordinated manner.
All of the following are true about projects and operations EXCEPT:
A. 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 project life cycle, whereas projects are
temporary endeavors.
B. Projects require project management activities and skill sets, whereas
operations require business process management, operations management
activities, and skill sets.
C. Projects can intersect with operations at various points during the project life
cycle. At each point, deliverables and knowledge are transferred between the
project and operations for implementation of the delivered work.
D. Because of their temporary nature, projects cannot help achieve an
organization's long-term goals. Therefore, strategic activities in the
organization can be generally addressed within the organization's normal
operat Answer: D. Because of their temporary nature, projects cannot help
achieve an organization's long-term goals. Therefore, strategic activities in the
organization can be generally addressed within the organization's normal
operations.
Your job responsibility is to align components (projects, programs, or related
operations) to the organizational strategy, organized into portfolios or
subsidiary portfolios to optimize project or program objectives, dependencies,
costs, timeliness, benefits, reduces, and risks. This is known as:
a. Components management