CAPM Exam Dumps - Certified Associate in Project Management (CAPM)

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Question # 121

What scenario describes when a project must be created due to market demand?

A public company authorizes a project to create a new service for electric car sharing to reduce pollution.

A car company authorizes a project to build more fuel-efficient cars in response to gasoline shortages.

Researchers develop an autonomous car. with several new features to be commercialized in the future.

Stakeholders request that raw matenais be changed due to locally high costs.

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Question # 122

Make-or-buy analysis is a tool and technique of which process?

Conduct Procurements

Plan Procurement Management

Analyze Procurements

Control Procurements

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Question # 123

Which set of competencies should a project manager have?

Leadership, strategic and business management, and technical project management

Expertise in the Industry, leadership and business management, and bilingual skills

Technical project management, expertise in every role, and PMP certification

Expertise in every detail on project activities. PMP certification, and leadership

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Question # 124

Which action should the project manager take after the team finishes executing the scope?

Verify the deliverables to ensure that they are correct and meet the customer's satisfaction.

Accept all the deliverables and deliver them to the customer for final acceptance.

Conduct a joint session with the customer, change the deliverables, and then request approval.

Check that all change requests were implemented and release deliverables to the customer.

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Question # 125

What are the key tools for managing project knowledge?

Expert judgment and data gathering

Networking and storytelling

Data analysis and decision making

Prototypes and product analysis

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Question # 126

A firm contracted an event management company to conduct the annual sales day event. The agreement states that the event management company will charge the firm for the actuals and receive 8% of the total cost. What type of contract Is this?

Time and material (T8M)

Fixed price incentive fee (FPIF)

Cost plus fixed fee (CPFF)

Cost plus award fee (CPAF)

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Question # 127

Which is the correct hierarchy in a project environment, from most to least Inclusive?

Projects, portfolios, then programs

Portfolios, programs, then projects

Portfolios, projects, then programs

Projects, programs, then portfolios

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Question # 128

The procurement requirements for a project include working with several vendors. What should the project manager take into consideration during the Project Procurement Management processes?

Work performance information

Bidder conferences

Complexity of procurement

Procurement management plan

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