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Sample CAPM Exam Questions
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- 2. Sample CAPM ExamQuestions Q1-) Which of the following is NOT true for a project? A-) Projects are constrained by limited resources B-) Projects are planned, executed, and controlled C-) Projects create a unique product or service D-) Projects are ongoing and repetitive
- 3. Sample CAPM ExamQuestions Q1-) Which of the following is NOT true for a project? A-) Projects are constrained by limited resources B-) Projects are planned, executed, and controlled C-) Projects create a unique product or service D-) Projects are ongoing and repetitive A project is a temporary endeavor undertaken to create a unique product, service, or result. The temporary nature of projects indicates a definite beginning and ending. Reference: PMBOK Guide Fifth Edition, Page 3, Knowledge Area: N/A (Introduction)
- 4. Sample CAPM ExamQuestions Q2-) Which of the following documents include code of account identifier, description of work, responsible organization, and list of schedule milestones? A-) PERT/CPM Charts B-) WBS C-) WBS Dictionary D-) Roles and Responsibilities Matrix Visit: http://masterofproject.com/cours es/CAPM-full-realistic-exam- CAPM-math-lectures for full CAPM Exams
- 5. Sample CAPM ExamQuestions Q2-) Which of the following documents include code of account identifier, description of work, responsible organization, and list of schedule milestones? A-) PERT/CPM Charts B-) WBS C-) WBS Dictionary D-) Roles and Responsibilities Matrix The WBS dictionary is a document that provides detailed deliverable, activity, and scheduling information about each component in the WBS. WBS dictionary may include, but is not limited to, code of account identifier, description of work, responsible organization, list of schedule milestones, etc. Reference: PMBOK Guide Fifth Edition, Page 132, Knowledge Area: Scope Management
- 6. Sample CAPM ExamQuestions Q3-) All the following statements relating to the project management team and the project team are correct EXCEPT: A-)The project team is responsible for activities like planning, executing, and closing. B-) The project management team can be called as the core, executive, or leadership team. C-) The project management team is also a part of the project team. D-) In a small project, the project management responsibilities can be shared by team members instead of a project manager. Visit: http://masterofproject.com/courses/CAPM-full-realistic-exam-CAPM- math-lectures for full CAPM Exams
- 7. Sample CAPM ExamQuestions Q3-) All the following statements relating to the project management team and the project team are correct EXCEPT: A-)The project team is responsible for activities like planning, executing, and closing. B-) The project management team can be called as the core, executive, or leadership team. C-) The project management team is also a part of the project team. D-) In a small project, the project management responsibilities can be shared by team members instead of a project manager. The project management team is a subset of the project team and is responsible for the Project management and leadership activities such as initiating, planning, executing, monitoring, controlling, and closing the various project phases. This group can also be referred to as the core, executive, or leadership team. For smaller projects, the project management responsibilities can be shared by the entire team or administered solely by the project manager. Reference: PMBOK Guide Fifth Edition, Page 256, Knowledge Area: Human Resource Management
- 8. Sample CAPM ExamQuestions Q4-) You are a project manager trying to decide whether to buy or make a testing tool for your project. If you want to buy, the cost of the tool is $60,000, and the proceeding the procurement, additional cost of integration of the tool in your company is $ 1,000. If you build it yourself, the tool will be developed by eight engineers working for two months. The salary of each software engineer is $4,000 per month. If you build it yourself, the other related various costs will be $2,000. Which option will you prefer? A-) Buying the testing tool B-) Building the testing tool C-) Neither build nor buy testing tool D-) Need more information on costs to take a further decision Visit: http://masterofproject.com/courses/CAPM- full-realistic-exam-CAPM-math-lectures for full CAPM Exams
- 9. Sample CAPM ExamQuestions Q4-) You are a project manager trying to decide whether to buy or make a testing tool for your project. If you want to buy, the cost of the tool is $60,000, and the proceeding the procurement, additional cost of integration of the tool in your company is $ 1,000. If you build it yourself, the tool will be developed by eight engineers working for two months. The salary of each software engineer is $4,000 per month. If you build it yourself, the other related various costs will be $2,000. Which option will you prefer? A-) Buying the testing tool B-) Building the testing tool C-) Neither build nor buy testing tool D-) Need more information on costs to take a further decision
- 10. Sample CAPM ExamQuestions Budget constraints may influence make -or-buy decisions. If a buy decision is to be made, then a further decision of whether to purchase or lease is also made. A make -or- buy analysis should consider all related costs -both direct costs as well as indirect costs. For example, the buy side of the analysis includes both the actual out -of- pocket costs to purchase the product, as well as the indirect costs of supporting the purchasing process and purchased item. Cost of buying the tool: $60,000 + $1000 = $61,000 Cost of building the tool: $4,000x8x2 + $2,000 = $66,000 So, buying is cheaper than building. Buying is preferable Reference: PMBOK Guide Fifth Edition, Page 365, Knowledge Area: Procurement Management
- 11. Sample CAPM ExamQuestions Q5-) When referring to inputs for Develop Schedule process, responsibility (i.e., who will perform the work), activity type (i.e., summary or detailed), and WBS lassification are belonging to: A-) Risks B-) Account identifier C-) Activity attributes D-) Activity estimations Visit: http://masterofproject.com/courses/CAPM- full-realistic-exam-CAPM-math-lectures for full CAPM Exams
- 12. Sample CAPM ExamQuestions Q5-) When referring to inputs for Develop Schedule process, responsibility (i.e., who will perform the work), activity type (i.e., summary or detailed), and WBS lassification are belonging to: A-) Risks B-) Account identifier C-) Activity attributes D-) Activity estimations Activity attributes can be used to identify the person responsible for executing the work, geographic area, or place where the work has to be performed, and activity type such as level of effort (LOE), discrete effort, and apportioned effort (AE). Activity attributes are used for schedule development and for selecting, ordering, and sorting the planned schedule activities in various ways within reports. Reference: PMBOK Guide Fifth Edition, Page 153,Knowledge Area: Time Management Visit: http://masterofproject.com/courses/CAPM- full-realistic-exam-CAPM-math-lectures for full CAPM Exams