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PMI CAPM Practice Test - Questions Answers, Page 30

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A project requires a component with well-understood specifications. Performance targets are established at the outset, and the final contract price is determined after completion of all work based on the seller's performance. The most appropriate agreement with the supplier is:

A.
Cost Plus Incentive Fee (CPIF).
A.
Cost Plus Incentive Fee (CPIF).
Answers
B.
Fixed Price Incentive Fee (FPIF).
B.
Fixed Price Incentive Fee (FPIF).
Answers
C.
Cost Plus Award Fee (CPAF).
C.
Cost Plus Award Fee (CPAF).
Answers
D.
Fixed Price with Economic Price Adjustment (FP-EPA).
D.
Fixed Price with Economic Price Adjustment (FP-EPA).
Answers
Suggested answer: B

Which enterprise environmental factors may influence Plan Schedule Management?

A.
Cultural views regarding time schedules and professional and ethical behaviors
A.
Cultural views regarding time schedules and professional and ethical behaviors
Answers
B.
Historical information and change control procedures
B.
Historical information and change control procedures
Answers
C.
Risk control procedures and the probability and impact matrix
C.
Risk control procedures and the probability and impact matrix
Answers
D.
Resource availability and organizational culture and structure
D.
Resource availability and organizational culture and structure
Answers
Suggested answer: D

Which type of dependency used in the Sequence Activities process is sometimes referred to as preferred logic, preferential logic, or soft logic?

A.
Internal
A.
Internal
Answers
B.
External
B.
External
Answers
C.
Discretionary
C.
Discretionary
Answers
D.
Mandatory
D.
Mandatory
Answers
Suggested answer: C

When the business objectives of an organization change, project goals need to be:

A.
realigned.
A.
realigned.
Answers
B.
performed.
B.
performed.
Answers
C.
improved.
C.
improved.
Answers
D.
controlled.
D.
controlled.
Answers
Suggested answer: A

Which of the Perform Quality Assurance tools and techniques may enhance the creation of the work breakdown structure (VVBS) to give structure to the decomposition of the scope?

A.
Activity network diagrams
A.
Activity network diagrams
Answers
B.
Affinity diagrams
B.
Affinity diagrams
Answers
C.
Matrix diagrams
C.
Matrix diagrams
Answers
D.
Interrelationship digraphs
D.
Interrelationship digraphs
Answers
Suggested answer: B

A project manager who communicates to the project team though email is using which type of communication?

A.
Formal
A.
Formal
Answers
B.
Informal r
B.
Informal r
Answers
C.
Horizontal
C.
Horizontal
Answers
D.
Unofficial
D.
Unofficial
Answers
Suggested answer: B

An input to the Perform Integrated Change Control process is:

A.
expert judgment
A.
expert judgment
Answers
B.
seller proposals
B.
seller proposals
Answers
C.
the project charter
C.
the project charter
Answers
D.
the project management plan
D.
the project management plan
Answers
Suggested answer: D

Which tool or technique is required in order to determine the project budget?

A.
Cost of quality
A.
Cost of quality
Answers
B.
Historical relationships
B.
Historical relationships
Answers
C.
Project management software
C.
Project management software
Answers
D.
Forecasting
D.
Forecasting
Answers
Suggested answer: B

Requirements documentation will typically contain at least:

A.
Stakeholder requirements, staffing requirements, and transition requirements.
A.
Stakeholder requirements, staffing requirements, and transition requirements.
Answers
B.
Business requirements, the stakeholder register, and functional requirements.
B.
Business requirements, the stakeholder register, and functional requirements.
Answers
C.
Stakeholder impact, budget requirements, and communications requirements.
C.
Stakeholder impact, budget requirements, and communications requirements.
Answers
D.
Business objectives, stakeholder impact, and functional requirements.
D.
Business objectives, stakeholder impact, and functional requirements.
Answers
Suggested answer: D

Which process involves the creation of a document that provides the project manager with the authority to apply resources to a project?

A.
Define Activities
A.
Define Activities
Answers
B.
Direct and Manage Project Work
B.
Direct and Manage Project Work
Answers
C.
Develop Project Management Plan
C.
Develop Project Management Plan
Answers
D.
Develop Project Charter
D.
Develop Project Charter
Answers
Suggested answer: D

Explanation:

Topic 3, Volume C

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