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PMI CAPM Practice Test - Questions Answers, Page 63

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Projects are separated into phases or subprojects; these phases include:

A.
feasibility study, concept development, design, and prototype.
A.
feasibility study, concept development, design, and prototype.
Answers
B.
initiate, plan, execute, and monitor.
B.
initiate, plan, execute, and monitor.
Answers
C.
Develop Charter, Define Activities, Manage Stakeholder Expectations, and Report Performance.
C.
Develop Charter, Define Activities, Manage Stakeholder Expectations, and Report Performance.
Answers
D.
Identify Stakeholders, develop concept, build, and test.
D.
Identify Stakeholders, develop concept, build, and test.
Answers
Suggested answer: A

In which type of contract are the performance targets established at the onset and the final contract price determined after completion of all work based on the sellers performance?

A.
Firm-Fixed-Price (FFP)
A.
Firm-Fixed-Price (FFP)
Answers
B.
Fixed Price with Economic Price Adjustments (FP-EPA)
B.
Fixed Price with Economic Price Adjustments (FP-EPA)
Answers
C.
Fixed-Price-Incentive-Fee (FPIF)
C.
Fixed-Price-Incentive-Fee (FPIF)
Answers
D.
Cost Plus Fixed Fee (CPFF)
D.
Cost Plus Fixed Fee (CPFF)
Answers
Suggested answer: C

Which of the following is an input to the Develop Project Charter process?

A.
Work performance information
A.
Work performance information
Answers
B.
Project management plan
B.
Project management plan
Answers
C.
Business case
C.
Business case
Answers
D.
Change requests
D.
Change requests
Answers
Suggested answer: C

The diagram below is an example of a:

A.
Risk breakdown structure (RBS).
A.
Risk breakdown structure (RBS).
Answers
B.
Project team.
B.
Project team.
Answers
C.
SWOT Analysis.
C.
SWOT Analysis.
Answers
D.
Work breakdown structure (WBS).
D.
Work breakdown structure (WBS).
Answers
Suggested answer: A

Who is responsible for initiating a project?

A.
Project sponsor
A.
Project sponsor
Answers
B.
Project manager
B.
Project manager
Answers
C.
Program manager
C.
Program manager
Answers
D.
Project management office (PMO)
D.
Project management office (PMO)
Answers
Suggested answer: A

Which type of diagram includes groups of information and shows relationships between factors, causes, and objectives?

A.
Affinity
A.
Affinity
Answers
B.
Scatter
B.
Scatter
Answers
C.
Fishbone
C.
Fishbone
Answers
D.
Matrix
D.
Matrix
Answers
Suggested answer: D

Activity cost estimates are quantitative assessments of the probable costs required to:

A.
Create WBS.
A.
Create WBS.
Answers
B.
complete project work.
B.
complete project work.
Answers
C.
calculate costs.
C.
calculate costs.
Answers
D.
Develop Project Management Plan.
D.
Develop Project Management Plan.
Answers
Suggested answer: B

The item that provides more detailed descriptions of the components in the work breakdown structure (WB5) is called a WBS:

A.
dictionary.
A.
dictionary.
Answers
B.
chart.
B.
chart.
Answers
C.
report.
C.
report.
Answers
D.
register.
D.
register.
Answers
Suggested answer: A

How should a stakeholder who is classified as high power and low interest be grouped in a power/interest grid during stakeholder analysis?

A.
Keep satisfied
A.
Keep satisfied
Answers
B.
Keep informed
B.
Keep informed
Answers
C.
Manage closely
C.
Manage closely
Answers
D.
Monitor
D.
Monitor
Answers
Suggested answer: A

The project has a current cost performance index of 0.80. Assuming this performance wi continue, the new estimate at completion is $1000. What was the original budget at completion for the project?

A.
$800
A.
$800
Answers
B.
$1000
B.
$1000
Answers
C.
$1250
C.
$1250
Answers
D.
$1800
D.
$1800
Answers
Suggested answer: A
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