This page was exported from Free Exam Dumps Collection [ http://free.examcollectionpass.com ] Export date:Wed Nov 27 22:46:50 2024 / +0000 GMT ___________________________________________________ Title: PMI Certified CAPM Dumps Questions Valid CAPM Materials [Q167-Q185] --------------------------------------------------- PMI Certified CAPM  Dumps Questions Valid CAPM Materials Current CAPM Exam Dumps [2023] Complete PMI Exam Smoothly The Project Management Institute (PMI) Certified Associate in Project Management (CAPM) certification is a globally recognized credential that validates a project manager's fundamental knowledge and understanding of project management concepts, principles, and techniques. The CAPM certification is designed for individuals who are new to the project management field and want to demonstrate their commitment to professional excellence. It is an entry-level certification that provides a solid foundation for individuals who aspire to become project managers. PMI CAPM (Certified Associate in Project Management) Certification Exam is a globally recognized certification for individuals who are starting their careers in project management. Certified Associate in Project Management (CAPM) certification is designed to validate a candidate's fundamental knowledge of project management concepts and processes. The PMI CAPM certification is offered by the Project Management Institute (PMI), a leading organization for project management professionals worldwide.   NEW QUESTION 167Which are the most important competencies required for a project manager?  Leadership, bilingualism, experience, and technical knowledge  PMP certification, experience, technical knowledge, and post-graduate education  Leadership, strategic and business management, project management knowledge, and technical knowledge  Communication skills, project management knowledge, PMP certification, and availability to travel Section: Volume ENEW QUESTION 168Within project integration management, the statement of work (SOW) references which aspects of the project?  Strategic plan, business need, and product scope description  Contract, enterprise environmental factors, and organizational process assets  Business plan, project management plan, and project schedule  Product lifecycle, business objective, and management strategy Section: Volume EExplanation:4.1.1.1 Project Statement of Work Page 67The project statement of work (SOW) is a narrative description of products, services, or results to be delivered by a project. For internal projects, the project initiator or sponsor provides the statement of work based on business needs, product, or service requirements. For external projects, the statement of work can be received from the customer as part of a bid document, (e.g., a request for proposal, request for information, or request for bid) or as part of a contract. The SOW references the following:Business need. An organization’s business need may be based on a market demand, technologicaladvance, legal requirement, government regulation, or environmental consideration. Typically, the business need and the cost-benefit analysis are contained in the business case to justify the project.Product scope description. The product scope description documents the characteristics of the product,service, or results that the project will be undertaken to create. The description should also document the relationship between the products, services, or results being created and the business need that the project will address.Strategic plan. The strategic plan documents the organization’s strategic vision, goals, and objectives andmay contain a high-level mission statement. All projects should be aligned with their organization’s strategic plan. Strategic plan alignment ensures that each project contributes to the overall objectives of the organization.NEW QUESTION 169When does the project team determine which dependencies are discretionary?  Before the Define Activities process  During the Define Activities process  Before the Sequence Activities process  During the Sequence Activities process Explanation/Reference:Explanation:6.3.2.2 Dependency DeterminationDependencies may be characterized by the following attributes: mandatory or discretionary, internal or external, as described below. Dependency has four attributes, but two can be applicable at the same time in following ways: mandatory external dependencies, mandatory internal dependencies, discretionary external dependencies, or discretionary internal dependencies.Mandatory dependencies. Mandatory dependencies are those that are legally or contractually requiredor inherent in the nature of the work. Mandatory dependencies often involve physical limitations, such as on a construction project, where it is impossible to erect the superstructure until after the foundation has been built, or on an electronics project, where a prototype has to be built before it can be tested.Mandatory dependencies are also sometimes referred to as hard logic or hard dependencies. Technical dependencies may not be mandatory. The project team determines which dependencies are mandatory during the process of sequencing the activities. Mandatory dependencies should not be confused with assigning schedule constraints in the scheduling tool.Discretionary dependencies. Discretionary dependencies are sometimes referred to as preferred logic,preferential logic, or soft logic. Discretionary dependencies are established based on knowledge of best practices within a particular application area or some unusual aspect of the project where a specific sequence is desired, even though there may be other acceptable sequences. Discretionary dependencies should be fully documented since they can create arbitrary total float values and can limit later scheduling options. When fast tracking techniques are employed, these discretionary dependencies should be reviewed and considered for modifcation or removal. The project team determines which dependencies are discretionary during the process of sequencing the activities.External dependencies. External dependencies involve a relationship between project activities andnon-project activities. These dependencies are usually outside the project team’s control. For example, the testing activity in a software project may be dependent on the delivery of hardware from an external source, or governmental environmental hearings may need to be held before site preparation can begin on a construction project. The project management team determines which dependencies are external during the process of sequencing the activities.Internal dependencies. Internal dependencies involve a precedence relationship between projectactivities and are generally inside the project team’s control. For example, if the team cannot test a machine until they assemble it, this is an internal mandatory dependency. The project management team determines which dependencies are internal during the process of sequencing the activities.Process: 6.3 Sequence ActivitiesDefinition: The process of identifying and documenting relationships among the project activities.Key Benefit: The key benefit of this process is that it defines the logical sequence of work to obtain the greatest efficiency given all project constraints.Inputs1. Schedule management plan2. Activity list3. Activity attributes4. Milestone list5. Project scope statement6. Enterprise environmental factors7. Organizational process assetsTools & Techniques1. Precedence diagramming method (PDM)2. Dependency determination3. Leads and lagsOutputs1. Project schedule network diagrams2. Project documents updatesNEW QUESTION 170A project is just beginning, and management creates a long list of potential stakeholders. Which statement about identifying and engaging stakeholders is correct?  The project manager should identify and deal with stakeholders only during the execution phase.  Stakeholder satisfaction should be identified immediately and managed as a project objective.  The project manager should focus on project objectives and deal with stakeholders as a secondary priority.  Stakeholder satisfaction is the most important goal, and project objectives should be considered a secondary priority. NEW QUESTION 171The three processes of Project Cost Management are:  Estimate Costs, Control Schedule, and Control Costs.  Estimate Costs, Determine Budget, and Estimate Activity Resources.  Determine Budget, Control Schedule, and Estimate Activity Resources.  Estimate Costs, Determine Budget, and Control Costs. Explanation/Reference:Explanation:7. Project Cost Management7.1 Plan Cost Management7.2 Estimate Costs7.3 Determine Budget7.4 Control CostsNEW QUESTION 172The Perform Integrated Change Control process occurs in which Process Group?  Initiating  Executing  Monitoring and Controlling  Planning Explanation/Reference:Explanation:Monitoring and Controlling Process Group4.4 Monitor and Control Project Work4.5 Perform Integrated Change Control5.5 Validate Scope5.6 Control Scope6.7 Control Schedule7.4 Control Costs8.3 Control Quality10.3 Control Communications11.6 Control Risks12.3 Control Procurements13.4 Control Stakeholder EngagementNEW QUESTION 173Which set of tools and techniques is useful for estimating activity durations for the project schedule?  Brainstorming, Monte Carlo Simulation, analogous estimation  Three-point estimation, resources leveling, iteration burndown chart  Milestone charts, parametric estimation, schedule baseline  Parametric estimation, three-point estimation, analogous estimation NEW QUESTION 174Which process includes prioritizing risks for subsequent further analysis or action by assessing and combining their probability of occurrence and impact?  Perform Qualitative Risk Analysis  Perform Quantitative Risk Analysis  Plan Risk Management  Plan Risk Responses Section: Volume CExplanation:Process: 11.3 Perform Qualitative Risk AnalysisDefinition: The process of prioritizing risks for further analysis or action by assessing and combining their probability of occurrence and impact.Key Benefit: The key benefit of this process is that it enables project managers to reduce the level of uncertainty and to focus on high-priority risks.Inputs1. Risk management plan2. Scope baseline3. Risk register4. Enterprise environmental factors5. Organizational process assetsTools & Techniques1. Risk probability and impact assessment2. Probability and impact matrix3. Risk data quality assessment4. Risk categorization5. Risk urgency assessment6. Expert judgmentOutputs1. Project documents updatesNEW QUESTION 175Which of the following is a conflict resolution technique that emphasizes areas of agreement rather than areas of difference?  Compromising  Collaborating  Smoothing  Problem Solving Section: Volume DExplanation:There are five general techniques for resolving conflict. As each one has its place and use, these are not given in any particular order:Withdraw/Avoid. Retreating from an actual or potential conflict situation; postponing the issue to be betterprepared or to be resolved by others.Smooth/Accommodate. Emphasizing areas of agreement rather than areas of difference; conceding one’sposition to the needs of others to maintain harmony and relationships.Compromise/Reconcile. Searching for solutions that bring some degree of satisfaction to all parties in orderto temporarily or partially resolve the conflict.Force/Direct. Pushing one’s viewpoint at the expense of others; offering only win-lose solutions, usuallyenforced through a power position to resolve an emergency.Collaborate/Problem Solve. Incorporating multiple viewpoints and insights from differing perspectives;requires a cooperative attitude and open dialogue that typically leads to consensus and commitment.NEW QUESTION 176The following is a network diagram for a project.What is the critical path for the project?  A-B-D-G  A-B-E-G  A-C-F-G  A-C-E-G NEW QUESTION 177The features and functions that characterize a result, product, or service can refer to:  project scope  product scope  service scope  product breakdown structure Section: Volume EExplanationExplanation/Reference: https://www.memrise.com/course/352178/pmbok-5-project-management-exam-study/27/NEW QUESTION 178For a stakeholder with low interest and high power, the project manager should:  Monitor the stakeholder.  Manage the stakeholder closely.  Keep the stakeholder satisfied.  Keep the stakeholder informed. Section: Volume BNEW QUESTION 179The project manager at an organization has just realized that some of the engineering staff has been allocated to project Y and will not be available to finish task X.The project manager has also discovered that at the current pace, it will not be possible to complete the project on time. Due to cost constraints, hiring more work force is not a viable option.Which tools are at the manager’s disposal?  Resource leveling and fast tracking  Fast tracking and crashing  Crashing and applying leads and lags  Scheduling tools and applying leads and lags NEW QUESTION 180Who, along with the project manager, is supposed to direct the performance of the planned project activities and manage the various technical and organizational interfaces that exist within the project?  The customer and functional managers  The risk owners and stakeholders  The sponsors and stakeholders  The project management team Section: Volume CNEW QUESTION 181Which is the order of steps in the Procurement Management process?  Identifying and planning procurement requirements, obtaining quotes or proposals, negotiating with vendors, contracting with selected vendors, and controlling procurements  Identifying and planning procurement requirements, negotiating with vendors, contracting with selected vendors, obtaining quotes or proposals, and controlling procurements  Controlling procurements, identifying and planning procurement requirements, obtaining quotes or proposals, negotiating with vendors, and contracting with selected vendors  Obtaining quotes or proposals, identifying and planning procurement requirements, negotiating with vendors, contracting with selected vendors, and controlling procurements NEW QUESTION 182Which tool or technique is used to develop a project charter?  Project manager information systems  Expert judgment  Change control meetings  Brainstorming NEW QUESTION 183The project manager is dividing the project scope into smaller pieces, and repeating this process until no more subdivisions are required. At this point the project manager is able to estimate costs and activities for each element.What are these elements called?  Project activities  Work packages  Planning packages  Project deliverables Explanation/Reference:Reference: http://www.free-management-ebooks.com/faqpm/scope-06.htmNEW QUESTION 184A new project manager wishes to recommend creating a project management office to senior management.Which statement would the project manager use to describe the importance of creating the project management office?  It will give the project manager independence to make decisions without other departmental input.  It integrates organizational data and information to ensure that strategic objectives are fulfilled.  The project management office can execute administrative tasks.  The project management office can coordinate projects. Section: Volume EExplanation/Reference: https://www.theprojectgroup.com/blog/en/why-a-pmo-is-important/NEW QUESTION 185Which type of analysis is used as a general management technique within the Plan Procurements process?  Risk assessment analysis  Make or buy analysis  Contract value analysis  Cost impact analysis  Loading … CAPM Premium PDF & Test Engine Files with 899 Questions & Answers: https://www.examcollectionpass.com/PMI/CAPM-practice-exam-dumps.html --------------------------------------------------- Images: https://free.examcollectionpass.com/wp-content/plugins/watu/loading.gif https://free.examcollectionpass.com/wp-content/plugins/watu/loading.gif --------------------------------------------------- --------------------------------------------------- Post date: 2023-10-18 14:15:17 Post date GMT: 2023-10-18 14:15:17 Post modified date: 2023-10-18 14:15:17 Post modified date GMT: 2023-10-18 14:15:17