CAPM In Depth Certified Associate In Project Management Study Guide For The CAPM Exam 2nd Edition Paul Sanghera - Solutions

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True or False: The main goals of the Conduct Procurements process are select the sellers, award procurement contracts to them, and obtain the procurement item.
The work performance information, an output item of the Control Risks process, is an input to which process?
Why do you end up updating the assumptions log and lessons learned register during the Monitor Risks process?
You are the project manager of a movie project. The first column lists some actions you are taking to deal with risks. Match each item in the first column to one item in the second column of this table. Action A. One of the scenes is to be shot in a country that has enormous bureaucracy and red
Perform an EMV analysis of the decision tree presented in Figure 11-3 to make a decision about which option to take.
Match every item in the first column of the following table to the items in the second column. An item in first column may match with more than one items in second column and vice versa. Item A. Quality metrics B. Quality control measurements C. Quality report D. Test and evaluation documents E.
Which component or components of the project management plan, out of the ones listed in the output column of Table 10-3, will need to be modified as a result of actual results from project execution?
Which component or components of the project management plan, out of the ones listed in the output column of Table 10-3, will need to be modified as a result of quality activities?
Are the values generated by the program more accurate or more precise?You are trying out a Monte Carlo simulation program that estimates the value of a parameter by using some random variables. You know through the data that the exact value should be
You ran the program three times, and it gave you three values: 50, 51, and 52.
How accurate are the estimates?You are trying out a Monte Carlo simulation program that estimates the value of a parameter by using some random variables. You know through the data that the exact value should be
How precise is the program in making the estimates?You are trying out a Monte Carlo simulation program that estimates the value of a parameter by using some random variables. You know through the data that the exact value should be
Knowing the Manage Communication process, how do you think documents listed for update in Table 9-3 would be updated?
Describe how the documents listed in the output column of Figure 9-2 will be updated.
How will the stakeholder register and risk register be updated as a result of this process?
Describe which OPAs can influence the Manage Stakeholder Engagement process.
Describe which EEFs can influence the Manage Stakeholder Engagement process.
Describe which OPAs can influence the Identify Stakeholders process.
Describe which EEFs can influence the Identify Stakeholders process.
The pessimistic cost estimate for an activity is $5,000, the optimistic estimate is$3,000, and the most-likely estimate is $4,000. Calculate the expected estimate by using the PERT technique, where the most-likely scenario is given a weight of 4 as compared to the weight of 1 for each of the
An activity cost estimate goes like this: It will take 20 hours of a programmer’s time to write this program. The average rate to hire a programmer is $50 per hour.Therefore, the cost of writing this program, assuming that everything else needed to write the program, such as a computer, is in
Using your knowledge of organizational project assets and the Control Resources process, answer the following questions:Q1. Make a list of OPAs that would influence this process.Q2. How should the assumptions log and risk register be updated as a result of the Control Resources process?
How are the documents listed for update in the output column of Table 6-6 updated?
List some OPAs that can influence the Plan Resource Management process.
How can the assumptions log and risk register project documents be updated as a result of this process?
List some EEFs that can influence the Plan Resource Management process.
Knowing the schedule control process, make a list of organizational process assets that will influence this process.
Lora Nirvana is the project manager for the Sequence the DNA of a Buffalo (SDB)project. Match each item in the first column of the following table to the correct item in the second column. Output of the Develop Schedule Process Description A. Schedule data B. Project document updates C. Schedule D.
List EEFs and OPAs that can influence the process of schedule development.
Describe how assumptions and constraints—e.g.; in the project scope statement—can affect the schedule and what you can do about it.
In the program evaluation and review technique (PERT), the most-likely scenario is given a weight of 4 as compared to the weight of 1 for each of the pessimistic and optimistic scenarios. The pessimistic estimate for an activity is 20 days, the optimistic estimate is 10 days, and the most-likely
Make a list of EEFs and OPAs that could influence the process of scheduling activities.
What is the most common logical relationship used in schedule network diagrams?
Using your knowledge of organizational project assets and the plan schedule management process, make a list of OPAs that would influence this process.
Using your knowledge of enterprise environmental factors and the plan schedule management process, make a list of EEFs that would influence this process.
Q1. The project scope statement, WBS, and WBS dictionary are used to validate scope. Where are they in Table 4-7?Q2. The Verify Scope process belongs to which process group?Q3. From Table 4-7, you know that project documents requirement documentation, requirement traceability matrix, and lessons
Why do you need a lessons learned register in the input of the Control Scope process?
What is the difference between control account and code of account?
Assuming that the online learning system in Figure 4-2 is managed by a company with its own teachers:Q1. Name internal actors Q2. Name external actors
Make lists of enterprise environment factors and organizational process assets that can influence the Collect Requirements process.
Among the following attributes, identify which are part of product scope and which are part of the project scope, according to PMBOK.A. Develop software modules to support website.B. The user can only access this website after logging in.C. The drug should not have more than two side effects.D. The
What is the first process you perform in managing a project?
Q1. Many processes in the monitoring and controlling process group generate change requests. Name the process in this process group that is used to approve or reject the change requests.
The performance of a project is measured against which planning element? Can you name four baselines?
Which process project document interfaces the project with the organization’s strategy?
True or false: A project charter is a contract between the performing entity and the entity for which it’s being performed.
True or false: It is the responsibility of the project manager to develop the project charter.
You have been offered a Project B that will earn you a profit of $100,000 in three months. You already have an offer of a Project A that will earn you a profit of $70,000 in three months. You can only do one project during these three months, and the project requesters are unable to move the
In the following table, match each item in the first column to items in the second column. Factor and Asset Categories Factor or Asset Examples Internal factor External factor Processes and procedures Knowledge databases A. Company's email system B. Check list C. City laws where company is D.
Q1. From the organization’s perspective, what is the core difference between enterprise environmental factors and organizational process assets?
You are about to throw a quarter and a dime several times. What is the probability of the following happening?A. The quarter will land heads up on the first try.B. The dime will land tails up on the first try.C. The quarter will land heads up and the dime will land tails up on the first try.D. Both
Match each item in the first column of the following table with one or more suitable items in the second column. Entity A. Project B. Program C. Portfolio May Contain I. Operations 2. Projects 3. Programs 4. Portfolios 5.Activities to create a well-defined unique product
In the following table, match each item in the first column with a corresponding item in the second column: Knowledge Area Action A. Message B. Scope C. Cost D. Schedule E. Quality F. Risk G. Procurement H. Resources 1.While developing the schedule, Lora realized that there was a risk involved in
What is the core difference between knowledge areas and process groups? Try to answer this question in one sentence.
Identify each of the following items as a project or an operation.A. A librarian performing her daily job responsibilities B. A bookseller processing customer orders C. A network administrator ensuring that the network stays up and running 24/7 D. Taking a course in molecular biology
The seller proposals, an input item for Conduct Procurements, is created during which process?A. Conduct Procurements B. Plan Procurements C. Control Procurements D. Close Procurements
Which of the following is the correct order of performing processes?A. Validate Scope, Quality Control, Close Project or Phase B. Quality Control, Validate Scope, Close Project or Phase C. Validate Scope, Close Project or Phase, Control Procurements D. Quality Control, Close Project or Phase,
You are in the process of closing the Stem Cells Are Us project. Which of the following is not an output of the Close Project or Phase process?A. Lessons learned archived B. Products handed over to costumers C. Closed procurement contracts D. Final project report written
Which of the following is not an activity of the Control Procurements process?A. Issuing formal acceptance of the procured products B. Handing over the accepted products to the appropriate parties, such as the customer or the sponsor C. Closing all the contracts associated with the procurement D.
Which of the following is the correct order in which to perform the listed processes for the first time?A. Direct and Manage Project Work, Control Procurements, Perform Integrated Change Control B. Control Procurements, Perform Integrated Change Control, Direct and Manage Project Work C. Perform
Your organization is playing the seller role in doing a part of a project for another company, the buyer. The buyer has incomplete specifications for the work involved at this stage and wants you to start the work after signing the agreement. Which of the following contract types will be the most
Your company is outsourcing a part of your project and therefore is preparing the procurement documents.Which of the following is not a bidding document?A. Request for information (ROI)B. Request for quotation (ROQ)C. Request for proposal (ROP)D. Seller proposal
The analysis to make a buy-or-make decision is performed during which of the following procurement process?A. Conduct Procurements B. Administer Procurement C. Plan Procurements D. Control Procurement
You are managing a software project. The project is already in the execution stage when you discover that a whole software module is missing from the work breakdown structure (WBS). Your company does not have the programmers to write the module in a timely fashion, so you decide to procure this
In procurement, which of the following contract types presents the highest risk for the buyer?A. Firm fixed price B. Cost plus fixed fee C. Cost plus percentage of cost D. Cost plus incentive fee
Which of the following is not true about planning procurements?A. Scope baseline is an input to planning procurements.B. SOW is an input to planning procurements.C. Make-or-buy decisions are an output of planning procurements.D. Project charter is an output of planning procurements.
Ron Collins is the project manager for a biotechnology company. He is outsourcing a part of the project to a foreign company. The foreign company will charge Ron$10 per hour for each employee that will be involved in the outsourced part of the project. Ron will also be charged an extra amount of
You are a project manager at a company that is a seller for another company. You are coordinating the efforts to bid on a contract with another company to sell the product of your company. Which of the following contract types carries the most risk for your company?A. CPIF B. T&M C. CPFF D. FFP
Which of the following is not an input to the Monitor Risks process?A. Work performance reports B. Work performance information C. Work performance data D. Risk management plan
In project risk management, which of the following statements is not true?A. The risk report contains information about the overall project risk.B. Exploiting an opportunity ensures that the positive risk does occur.C. An output of the Implement Risk Responses process is a document called risk
A project manager is getting the risk-related recommended corrective actions approved. In which of the following processes is the project manager involved?A. Perform Integrated Change Control B. Plan Risk Responses C. Identify Risks D. Monitor and Control Risks
A project manager is recommending corrective actions related to risk. In which of the following processes is the project manager involved?A. Perform Integrated Change Control B. Plan Risk Responses C. Identify Risks D. Monitor Risks
Which of the following is not an output of quantitative risk analysis?A. Probability of meeting the project objectives, such as cost and schedule B. A list of risks prioritized based on the total combined effect of each risk on the overall project objectives C. A list of trends in the analysis
Which of the following is not an output of qualitative risk analysis?A. A prioritized list of risks for a given project objective based on the probability and impact matrix of the objective B. A watch list of low-priority risks C. A list of risks prioritized based on the total effect of each risk
Which of the following is a valid statement about SWOT?A. It is an analysis technique to identify risks.B. It refers to the analysis of scope, work, options, and timing.C. It is a technique used to plan a risk response.D. It is a technique used to perform quantitative risk analysis.
Which of the following is not a valid risk response?A. Risk acceptance B. Risk sharing C. Risk mitigation D. Risk rejection
Which of the following is a correct statement about secondary risks?A. These are the residual risks.B. These are the risks that have medium or low priority.C. These are the risks that will be avoided.D. These are the risks that can result from responses to the identified risks.
Consider Figure 11-4. Assume that the risk has a 50 percent probability of occurrence. If the risk does occur, it could have a positive or a negative impact equivalent to$200,000 or $50,000, respectively, with the probabilities shown in the figure. What is the EMV for the risk?A. $25,000 B. $55,000
Consider Figure 11-4. Assume that the risk has a 50 percent probability of occurrence. If the risk does occur, it could have a positive or a negative impact equivalent to$200,000 or $50,000, respectively, with the probabilities shown in the figure.What is the EMV for the positive impact?A. $80,000
You are in the process of evaluating the probability and impact of a risk by assigning numbers, such as expected monetary value. This is an example of which of the following?A. Monte Carlo simulation B. Qualitative risk analysis C. Quantitative risk analysis D. Risk-response planning
The risk management team of a software project has decided that due to the lack of adequate talent in your company, development of a specific part of the system is under high risk, so they have decided to outsource it. This is an example of which of the following?A. Risk avoidance B. Risk
You are managing a project to set up data servers to support a website for an enterprise customer. The location of the servers has been chosen to be close to the customer due to their requirements. However, this location is prone to natural disasters, such as hurricanes and flooding. You have
Which of the following statements about risk analysis is false?A. Quantitative risk analysis can only be performed on risks on which a qualitative risk analysis has already been performed.B. Qualitative risk analysis is usually performed before quantitative risk analysis.C. An updated risk report
Which of the following is not an information-gathering technique listed in PMBOK Edition 6 for use in the risk identification process?A. Brainstorming B. Delphi technique C. SWOT analysis D. Root-cause analysis
The risk register is not an input to which of the following processes?A. Identify Risks B. Perform Qualitative Risk Analysis C. Perform Quantitative Risk Analysis D. Implement Risk Responses
Which of the following is a false statement about project risks?A. A risk arises out of uncertainty.B. A risk can only have a negative effect on a project.C. Identified risks are usually listed in a document called the risk register.D. Risks can be categorized by developing a risk breakdown
What about mind mapping is not true?A. This technique is used in the perform quality assurance process.B. This technique may help with figuring out quality requirements.C. It can be used to find constraints.D. It can help to find relationships such as dependencies.
What about flowcharts is not true?A. They can be used to understand and estimate the cost of quality for a process.B. They can help in improving processes.C. They can used to identify points where quality defects may occur.D. They help in figuring out the frequency of defects from different
Which of the following tools or techniques is not listed in PMBOK to be used in the perform quality control process?A. Statistical sampling B. Performance reviews C. Fishbone diagrams D. Change control tools
Which of the following is not an input to controlling quality?A. Project deliverables B. Work performance measurements C. Quality control measurements D. Test and evaluation documents
You are the project manager for a software development project that has limited resources. The customer is concerned about the quality of the code developed and wants you to conduct the code review. The product contains a large body of code with millions of lines. Which approach will you take?A.
You are managing a software project with limited development resources. The QA department has discovered a large number of defects in the product, and the project sponsor is very concerned about this. You want to get the maximum number of defects repaired with minimal effort and cost. Which
You want to examine the results of a process to determine whether the process is in or out of control. Which of the following is the most suitable tool to use?A. Control chart B. Cause and effect diagram C. Inspection D. Scatter diagram
You are using an Ishikawa diagram to find real causes of a problem by exploring all the possible causes. Which one of the quality processes are you performing?A. Manage Quality B. Plan Quality Management C. Control Quality and Perform Quality Assurance D. Control Quality
You are the project manager of the Green Schools project.Your supervisor has asked you to make some self-checks and inspections before the stakeholders ask for a formal inspection. It is time to perform which process?A. Plan Quality B. Perform Quality Control C. Perform Quality Assurance D. Manage
Quality audits are part of which of the following quality management processes?A. Manage Quality B. Control Quality C. Plan Quality Management D. Quality Inspection
You are the project manager for the Mind The Gap project.You are going to meet with your project team, where you are going develop quality tests that incorporate the organization’s quality policies and procedures. Which of the following processes are you performing?A. Quality control B. Manage
Which of the following is not an input to the Manage Quality process?A. Quality metrics B. Quality control measurements C. Risk report D. Work performance data
What of the following about quality metrics is not true?A. A metric in quality metrics is a product attribute accompanied by information on how the quality control process will verify its quality conformance.B. They are an output of planning quality.C. They can be used as a reference or basis for
What of the following about matrix diagrams is not true?A. It is used in planning quality management.B. It is used managing quality.C. It is used to explore the effects of defects.D. It helps to find the key quality metrics important for project success.

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CAPM In Depth Certified Associate In Project Management Study Guide For The CAPM Exam 2nd Edition Paul Sanghera - Solutions

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