#capm sample question

Which of the following best describes the project management team? A. The people who carry out the work to create the deliverables B. A supporting expert who performs activities required to execute the project management plan C. The people who validate and accept the project deliverables D. One or more project team members with the responsibility of project management HINT: Focus on the term "project management"

Which of the following statements is true about the change control board? A. A change control board is a group responsible for reviewing and approving or rejecting changes to the project. B. The change control board is responsible for tracking change status to ensure all approved changes are correctly implemented. C. The change control board should not include the project team to ensure objective decisions are made. D. Every change should be analyzed and approved by the change control board before being implemented.

HINT: Remember the concept of change control board. All our questions are updated to the latest A Guide to the Project Management Body of Knowledge (PMBOK® Guide) standard. Stop by at free.pm-exam-simulator.com/ and try the PM Exam Simulator free for 7 days. We are a Project Management Institute (PMI)® Registered Education Provider.

You are beginning to execute a project to develop a new customer service system for a medical device manufacturer. You and your team concluded a meeting whose outcomes included defining and negotiating roles, responsibilities, procedures, and processes. What was the project management interpersonal and team skill that you demonstrated during this meeting? A. Training B. Video conferencing C. Team building D. Negotiation

Which of the following estimating techniques is often used to estimate a value when there is limited amount of detailed information about the project?

A. Analogous estimating B. Parametric estimating C. Three-point estimating D. Bottom-up estimating

-------------------- HINT: Which estimating method is mainly based on historical data? --------------------

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Answer and Explanation: The correct answer is A.

Although all of these estimating methods are based on historical information, analogous estimating is the simplest method, which uses cost, scope, and budget numbers from previous projects and makes some adjustment for known differences. Although this method is generally less accurate, it is often used for projects with a limited amount of detailed information. Other techniques such as parametric and three-point estimating often require more detailed information to conduct an evaluation.

Details for each option:

A. Analogous estimating Correct. Analogous estimating is an estimating method that mainly uses the historical information from previous similar projects such as cost, scope, schedule, etc. as the basis for estimating for the current project. It is often recommended to be used when there is limited information about the project.

B. Parametric estimating Incorrect. The parametric estimating method often combines historical data with some variables that require more detailed information about the current project to provide better estimating on its parameters, compared to the analogous estimating method.

C. Three-point estimating Incorrect. The three-point estimating requires detailed information about the project to estimate project parameters for each activity in the best, worst, and most likely case.

D. Bottom-up estimating Incorrect. Bottom-up estimating is a method of estimating a component of work. Thus, in order to apply this method, the project needs to be decomposed in detail to the work package or activity level.

Which of the following is true about management reserves?

A. Management reserves are associated with the "known-unknowns." B. Management reserves are not included in the cost or schedule baseline. C. Management reserves are estimated for identified risks. D. Management reserves are estimated at the activity level.

-------------------- HINT: Distinguish between management reserves and contingency reserves --------------------

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Answer and Explanation: The correct answer is B.

Management reserves are established for management control purpose to deal with unforeseen work. Although it is part of the project duration or budget, it is not included in the baselines. Another way to look at it is that budget is the cost baseline plus management cost reserves and project direction is schedule baseline plus management duration reserve. Contingency reserves are reserves held to respond to identified risks and can be estimated at project activity level.

Details for each option:

A. Management reserves are associated with the "known-unknowns." Incorrect. Management reserves are reserves for unforeseen work, which is also known as the "unknown-unknowns."

B. Management reserves are not included in the cost or schedule baseline. Correct. Management reserves are an amount of project duration reserved for management control purposes. Management reserves are included in the overall project duration estimates and the project budget. They are not included in the schedule or cost baseline.

C. Management reserves are estimated for identified risks. Incorrect. Contingency reserves are allocated for identified risks that are accepted and for which response plans are developed while management reserves are associated with the unforeseen work.

D. Management reserves are estimated at the activity level. Incorrect. Management reserves are estimated for a project or phase and are used to deal with unforeseen work. Since it is unforeseen, it does not make sense to be estimated for each project activity.

In a software development project, if the developers could start fixing bugs two days after the testers begin testing, this arrangement implies:

A. A start-to-finish relationship with a 2-day lead B. A start-to-start relationship with a 2-day lead C. A start-to-finish relationship with a 2-day lag D. A start-to-start relationship with a 2-day lag

-------------------- HINT: Note the difference between lead and lag. --------------------

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Answer and Explanation: The correct answer is D.

A lag is the amount of time whereby a successor activity will be delayed with respect to a predecessor activity. Thus, if the development team could start resolving issues two days after the testers started testing, it means that the two tasks have a start-to-start or SS relationship with a 2-day lag.

Details for each option:

A. A start-to-finish relationship with a 2-day lead Incorrect. A situation where bug fixing can start 2 days after testing is a start-to-start relationship.

B. A start-to-start relationship with a 2-day lead Incorrect. Lead is the amount of time that a successor activity can be advanced from a predecessor activity. In this case, it is a start-to-start relationship where the successor activity is being delayed, not advanced.

C. A start-to-finish relationship with a 2-day lag Incorrect. Bug fixing can start 2 days after testing starts is a start-to-start relationship.

D. A start-to-start relationship with a 2-day lag Correct. Lag is the amount of time that the second activity can be delayed with respect to the previous activity. Thus, the question scenario describes a start-to-start relationship with 2- day lag.

Which of the following best describes the project management team?

A. The people who carry out the work to create the deliverables B. A supporting expert who performs activities required to execute the project management plan C. The people who validate and accept the project deliverables D. One or more project team members with the responsibility of project management

-------------------- HINT: Focus on the term "project management". --------------------

All our questions are updated to the latest A Guide to the Project Management Body of Knowledge (PMBOK® Guide) standard. Stop by at http://free.pm-exam-simulator.com/ and try the PM Exam Simulator free for 7 days. We are a Project Management Institute (PMI)® Registered Education Provider.

Answer and Explanation: The correct answer is D.

The project management team are members of the project team who are directly involved in project management activities. A project management team manages a project team to achieve the project objectives. The project management team may consist of just one project manager. The project team includes project team members (i.e., people who carry out the project work). The project team can include supporting experts from HR, finance, or other functions of the business. The deliverables provided by the project team that meets acceptance criteria are formally signed off and approved by the customer or sponsor.

Details for each option:

A. The people who carry out the work to create the deliverables Incorrect. The project team, not the project management team, directly carries out the work to create project deliverables.

B. A supporting expert who performs activities required to execute the project management plan Incorrect. The supporting expert, not the project management team, assist the project with their specialized knowledge, skill, training, or experience in an application area, discipline, knowledge area or industry.

C. The people who validate and accept the project deliverables Incorrect. The customer or sponsor, not the project management team, formally signs off and approves the deliverables after deliverables are inspected to see if they meet acceptance criteria. Typically, end users or customer representatives, not the project management team, may help to validate the project deliverables.

D. One or more project team members with the responsibility of project management Correct. The project management team is responsible for performing project management activities such as project planning, monitoring and controlling, reporting, etc.