Download PMI.CAPM.Train4Sure.2019-02-15.471q.vcex

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Exam Certified Associate in Project Management
Number CAPM
File Name PMI.CAPM.Train4Sure.2019-02-15.471q.vcex
Size 1 MB
Posted Feb 15, 2019
Download PMI.CAPM.Train4Sure.2019-02-15.471q.vcex

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Demo Questions

Question 1

Which document defines how a project is executed, monitored and controlled, and closed?


  1. Strategic plan
  2. Project charter
  3. Project management plan
  4. Service level agreement
Correct answer: C
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.
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.



Question 2

Which changes occur in risk and uncertainty as well as the cost of changes as the life cycle of a typical project progresses?


  1. Risk and uncertainty increase; the cost of changes increases.
  2. Risk and uncertainty increase; the cost of changes decreases.
  3. Risk and uncertainty decrease; the cost of changes increases.
  4. Risk and uncertainty decrease; the cost of changes decreases.
Correct answer: C



Question 3

Which tool or technique is an examination of industry and specific vendor capabilities?


  1. Independent estimates
  2. Market research
  3. Analytical techniques
  4. Bidder conferences
Correct answer: B
Explanation:
12.1.2.3 Market Research Market research includes examination of industry and specific vendor capabilities. Procurement teams may leverage information gained at conferences, online reviews and a variety of sources to identify market capabilities. The team may also refine particular procurement objectives to leverage maturing technologies while balancing risks associated with the breadth of vendors who can provide the materials or services desired.
12.1.2.3 Market Research 
Market research includes examination of industry and specific vendor capabilities. Procurement teams may leverage information gained at conferences, online reviews and a variety of sources to identify market capabilities. 
The team may also refine particular procurement objectives to leverage maturing technologies while balancing risks associated with the breadth of vendors who can provide the materials or services desired.



Question 4

An input used in developing the communications management plan is:


  1. Communication models.
  2. Enterprise environmental factors.
  3. Organizational communications.
  4. Organizational cultures and styles.
Correct answer: B
Explanation:
10.1.3.1 Communications Management Plan The communications management plan is a component of the project management plan that describes how project communications will be planned, structured, monitored, and controlled. The plan contains the following information:Stakeholder communication requirements; Information to be communicated, including language, format, content, and level of detail; Reason for the distribution of that information; Time frame and frequency for the distribution of required information and receipt of acknowledgment or response, if applicable; Person responsible for communicating the information; Person responsible for authorizing release of confidential information; Person or groups who will receive the information; Methods or technologies used to convey the information, such as memos, e-mail, and/or press releases; Resources allocated for communication activities, including time and budget; Escalation process identifying time frames and the management chain (names) for escalation of issues that cannot be resolved at a lower staff level; Method for updating and refining the communications management plan as the project progresses and develops; Glossary of common terminology; Flow charts of the information flow in the project, workflows with possible sequence of authorization, list of reports, and meeting plans, etc.; and Communication constraints usually derived from a specific legislation or regulation, technology, and organizational policies, etc. The communications management plan can also include guidelines and templates for project status meetings, project team meetings, e-meetings, and e-mail messages. The use of a project website and project management software can also be included if these are to be used in the project.
10.1.3.1 Communications Management Plan 
The communications management plan is a component of the project management plan that describes how project communications will be planned, structured, monitored, and controlled. The plan contains the following information:
  • Stakeholder communication requirements; 
  • Information to be communicated, including language, format, content, and level of detail; 
  • Reason for the distribution of that information; 
  • Time frame and frequency for the distribution of required information and receipt of acknowledgment or response, if applicable; 
  • Person responsible for communicating the information; 
  • Person responsible for authorizing release of confidential information; 
  • Person or groups who will receive the information; 
  • Methods or technologies used to convey the information, such as memos, e-mail, and/or press releases; 
  • Resources allocated for communication activities, including time and budget; 
  • Escalation process identifying time frames and the management chain (names) for escalation of issues that cannot be resolved at a lower staff level; 
  • Method for updating and refining the communications management plan as the project progresses and develops; 
  • Glossary of common terminology; 
  • Flow charts of the information flow in the project, workflows with possible sequence of authorization, list of reports, and meeting plans, etc.; and 
  • Communication constraints usually derived from a specific legislation or regulation, technology, and organizational policies, etc. 
The communications management plan can also include guidelines and templates for project status meetings, project team meetings, e-meetings, and e-mail messages. The use of a project website and project management software can also be included if these are to be used in the project.



Question 5

The Perform Quality Assurance process occurs in which Process Group?


  1. Executing
  2. Monitoring and Controlling
  3. Initiating
  4. Planning
Correct answer: A
Explanation:
Executing Process Group 4.3 Direct and Manage Project Work 8.2 Perform  Quality Assurance 9.2 Acquire Project Team 9.3 Develop Project Team 9.4 Manage Project Team 10.2 Manage Communications 12.2 Conduct Procurements 13.3 Manage Stakeholder Engagement
Executing Process Group 
4.3 Direct and Manage Project Work 
8.2 Perform  Quality Assurance 
9.2 Acquire Project Team 
9.3 Develop Project Team 
9.4 Manage Project Team 
10.2 Manage Communications 
12.2 Conduct Procurements 
13.3 Manage Stakeholder Engagement



Question 6

Enterprise environmental factors are an input to which process?


  1. Control Scope
  2. Define Scope
  3. Plan Scope Management
  4. Collect Requirements
Correct answer: C
Explanation:
Process: 5.1 Plan Scope ManagementDefinition: The process of creating a scope management plan that documents how the project scope will be defined, validated, and controlled.Key Benefit: The key benefit of this process is that it provides guidance and direction on how scope 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.Meetings   Outputs Scope management plan Requirements management plan
Process: 5.1 Plan Scope Management
Definition: The process of creating a scope management plan that documents how the project scope will be defined, validated, and controlled.
Key Benefit: The key benefit of this process is that it provides guidance and direction on how scope 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.Meetings 
  
Outputs 
Scope management plan 
Requirements management plan



Question 7

Which process develops options and actions to enhance opportunities and reduce threats to project objectives?


  1. Identify Risks
  2. Control Risks
  3. Plan Risk Management
  4. Plan Risk Responses
Correct answer: D
Explanation:
Process: 11.5 Plan Risk ResponsesDefinition: The process of developing options and actions to enhance opportunities and to reduce threats to project objectives.Key Benefit: The key benefit of this process is that it addresses the risks by their priority, inserting resources and activities into the budget, schedule and project management plan as needed.Inputs 1.Risk management plan 2.Risk register   Tools & Techniques 1.Strategies for negative risks or threats 2.Strategies for positive risks or opportunities 3.Contingent response strategies 4.Expert judgment   Outputs 1.Project management plan updates 2.Project documents updates
Process: 11.5 Plan Risk Responses
Definition: The process of developing options and actions to enhance opportunities and to reduce threats to project objectives.
Key Benefit: The key benefit of this process is that it addresses the risks by their priority, inserting resources and activities into the budget, schedule and project management plan as needed.
Inputs 
1.Risk management plan 
2.Risk register 
  
Tools & Techniques 
1.Strategies for negative risks or threats 
2.Strategies for positive risks or opportunities 
3.Contingent response strategies 
4.Expert judgment 
  
Outputs 
1.Project management plan updates 
2.Project documents updates



Question 8

Which input to the Manage Stakeholder Engagement process is used to document changes that occur during the project?


  1. Issue log
  2. Change log
  3. Expert judgment
  4. Change requests
Correct answer: B
Explanation:
4.5.3.2 Change Log A change log is used to document changes that occur during a project. These changes and their impact to the project in terms of time, cost, and risk, are communicated to the appropriate stakeholders. Rejected change requests are also captured in the change log. 13.3 Manage Stakeholder Engagement Definition: The process of communicating and working with stakeholders to meet their needs/expectations, address issues as they occur, and foster appropriate stakeholder engagement in project activities throughout the project life cycle.Key Benefit: The key benefit of this process is that it allows the project manager to increase support and minimize resistance from stakeholders, significantly increasing the chances to achieve project success.  Inputs 1.Stakeholder management plan 2.Communications management plan 3.Change log 4.Organizational process assets   Tools & Techniques 1.Communication methods 2.Interpersonal skills 3.Management skills   Outputs 1.Issue log 2.Change requests 3.Project management plan updates 4.Project documents updates 5.Organizational process assets updates
4.5.3.2 Change Log 
A change log is used to document changes that occur during a project. These changes and their impact to the project in terms of time, cost, and risk, are communicated to the appropriate stakeholders. Rejected change requests are also captured in the change log. 
13.3 Manage Stakeholder Engagement 
Definition: The process of communicating and working with stakeholders to meet their needs/expectations, address issues as they occur, and foster appropriate stakeholder engagement in project activities throughout the project life cycle.
Key Benefit: The key benefit of this process is that it allows the project manager to increase support and minimize resistance from stakeholders, significantly increasing the chances to achieve project success.
  
Inputs 
1.Stakeholder management plan 
2.Communications management plan 
3.Change log 
4.Organizational process assets 
  
Tools & Techniques 
1.Communication methods 
2.Interpersonal skills 
3.Management skills 
  
Outputs 
1.Issue log 
2.Change requests 
3.Project management plan updates 
4.Project documents updates 
5.Organizational process assets updates



Question 9

An input to the Plan Cost Management process is:


  1. Cost estimates
  2. Resource calendars
  3. The project charter
  4. The risk register
Correct answer: C
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 ManagementDefinition:  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
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



Question 10

A technique used to determine the cause and degree of difference between baseline and actual performance is:


  1. Product analysis.
  2. Variance analysis.
  3. Document analysis.
  4. Decomposition.
Correct answer: B
Explanation:
5.6.2.1 Variance Analysis Variance analysis is a technique for determining the cause and degree of difference between the baseline and actual performance. Project performance measurements are used to assess the magnitude of variation from the original scope baseline. Important aspects of project scope control include determining the cause and degree of variance relative to the scope baseline (Section 5.4.3.1) and deciding whether corrective or preventive action is required.
5.6.2.1 Variance Analysis 
Variance analysis is a technique for determining the cause and degree of difference between the baseline and actual performance. Project performance measurements are used to assess the magnitude of variation from the original scope baseline. Important aspects of project scope control include determining the cause and degree of variance relative to the scope baseline (Section 5.4.3.1) and deciding whether corrective or preventive action is required.









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