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

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Question # 265

What is the difference between the critical path and the critical chain?

A.

Scope changes

B.

Resource limitations

C.

Risk analysis

D.

Quality audits

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Question # 266

Prototype development may be used as a tool for which of the following risk response strategies?

A.

Avoid

B.

Accept

C.

Mitigate

D.

Exploit

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Question # 267

Expected monetary value (EMV) is computed by which equation?

A.

Value of each possible outcome multiplied by probability of occurrence

B.

Value of each possible outcome multiplied by probability of non-occurrence

C.

Multiplying the value of each possible outcome by the probability of occurrence and adding the products together

D.

Multiplying the value of each possible outcome by the probability of non-occurrence and adding the products together

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Question # 268

An input to the Estimate Activity Resources process is:

A.

Activity resource requirements.

B.

Published estimating data.

C.

Resource calendars.

D.

Resource breakdown structure (RBS).

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Question # 269

Under which type of contract does the seller receive reimbursement for all allowable costs for performing contract work, as well as a fixed-fee payment calculated as a percentage of the initial estimated project costs?

A.

Cost Plus Fixed Fee Contract (CPFF)

B.

Cost Plus Incentive Fee Contract (CPIF)

C.

Firm Fixed Price Contract (FFP)

D.

Fixed Price with Economic Price Adjustment Contract (FP-EPA)

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Question # 270

A project manager is assigned to a strategic project Senior management asks the project manager to give a presentation in order to request support that will ensure the success of the project.

Which entities will the project manager attempt to influence?

A.

The project and the organization

B.

The organization and the industry

C.

The subject matter experts and the project

D.

The change control board and the organization

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Question # 271

A project manager at a publishing company decides to initiate the editing phase of the project as soon as each chapter is written. Which type of Sequence Activities tool and technique is involved, considering that there was a start-to-start relationship with a 15-day delay?

A.

Slack

B.

Float

C.

Lag

D.

Lead

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Question # 272

Which of the following response strategies are appropriate for negative risks or threats?

A.

Share, Accept, Transfer, or Mitigate

B.

Exploit, Enhance, Share, or Accept

C.

Mitigate, Share, Avoid, or Accept

D.

Avoid, Mitigate, Transfer, or Accept

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