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

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Question # 353

What can a project manager review to understand the status of a project?

Work breakdown structure (WBS) status

Quality and technical performance measures

Cost and scope baselines

Business case completeness

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Question # 354

In which project risk management process is the data analysis technique not used?

Plan Risk Management

Implement Risk Response

Monitor Risks

Perform Quantitative Risk Analysis

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Question # 355

A project is in its final stages when a competitor releases a similar product. This could make the project redundant. What should the project manager do next?

Initiate change control.

Address risk mitigation.

Escalate this to the project sponsor.

Initiate project closure.

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Question # 356

Which of the following tasks is related to the perform qualitative risk analysis process?

Identify the project risks and assign a probability of occurrence

Perform a sensitivity analysis to determine which risk has the most potential for impacting the project

Analyze the effect of identified project risks as numerical data

Prioritize each project risk and assign the probability of occurrence and impact for each one

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Question # 357

A project team member identifies a possibility......the team member's idea?

A project team member identifies a possibility of increasing project performance by adopting an innovative approach to a proposed solution. This also will save resources for the company and increase stakeholder satisfaction.

How should the project manager evaluate the team member's idea?

Treat the idea using risk management processes, to handle it in a controlled and managed way.

Perform an experiment simulation to confirm idea results, to make sure the cost to implement is worthwhile.

Do a feasibility analysis study to confirm if an investment to explore a solution will add value.

Submit the idea as a change request to the change control board to ensure that all interests are met.

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Question # 358

A project manager needs information to finish their work on the project charter for a clinical trial.

Which procedure is used to obtain the requirements information?

Forecasting

Simulations

Elicitation

Quantitative analysis

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Question # 359

A project manager is developing the work breakdown structure (WBS) for a project. The team is asking at what level should they decompose their assigned work.

What should the project manager answer?

Activity level

Deliverable level

Task level

Work package level

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Question # 360

A stakeholder is reading project documents given by the project manager. The stakeholder is

curious about the difference between a verified deliverable and an accepted deliverable.

Which of the following definitions can the project manager use to explain the difference?

An accepted deliverable is approved by the project team; a verified deliverable is approved and formally signed off by the customer or sponsor.

An accepted deliverable has been checked and confirmed for accuracy through the Control Quality process; a verified deliverable meets acceptance criteria that is formally signed off and approved by the customer or sponsor.

An accepted deliverable meets acceptance criteria and is formally signed off and approved by the customer or sponsor, a verified deliverable is a completed project deliverable that has been checked and confirmed for accuracy through the Control Quality process

An accepted deliverable meets acceptance criteria and is signed off by the project manager; a verified deliverable meets acceptance criteria and is signed off by the customer or sponsor.

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