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CAPM Sample Exam

Total questions: 30

Worksheet time: 45mins

Name
Class
Date
1.

For a decision tree analysis, the cost of executing a decision is $50,000. For the benefit part, there is 40% chance that the decision provides a return of $90,000 and 60% chance that the decision provides a return of $30,000. What is the expected monetary value for this decision?

a)

4,000$

b)

28,000$

c)

22,000$

d)

12,000$

2.

Your current project phase has 8 activities, A to H. A and E can start at the same time. A must finish before B starts. B must finish before C and F start. C must finish before D starts. E must finish before F and G start. F and G must finish before H starts. C and H must finish before D starts. Duration of: A = 5, B = 8, C = 15, D = 10, E = 6, F = 9, G = 19, H = 5. What is the critical path?

a)

ABCD

b)

ABFHD

c)

EGHD

d)

EFHD

3.

The Customer requests the project manager to share the latest work performance report in WhatsAppmessenger as he is out on vacation. What should the project manager do next?

a)

Immediately Share the report to the customer

b)

Politely Deny sharing the report in WhatsApp Messenger as its unethical

c)

Discuss the issue with the Team and Senior Management

d)

Review Organization Process Assets to know Policies and Procedures

4.

During a team meeting, a team member asks about the measurements that will be used on the project to judge performance. The team member feels that some of the measures related to activities assigned to him are not valid measurements. The project is BEST considered in what part of the project management process?

a)

Initiating

b)

Executing

c)

Monitoring & Controlling

d)

Closing

5.

During project execution, a team member comes to the project manager because he is not sure of what work he needs to accomplish on the project. Which of the following documents contain detailed descriptions of work packages?

a)

WBS Dictionary

b)

Activity List

c)

Project scope statement

d)

Scope management plan

6.

During a meeting with some of the project stakeholders, the project manager is asked to add work to the project scope. The project manager had access to correspondence about the project before the project charter was signed and remembers that the project sponsor specifically denied funding for the scope mentioned by these stakeholders. The BEST thing for the project manager to do is to:

a)

Let the sponsor know of the stakeholders’ requests

b)

Evaluate the impact of adding the scope

c)

Tell the stakeholders the scope cannot be added

d)

Add the work if there is time available in the project

7.

A schedule performance index, SPI, of 0.75 means:

a)

Project is over budget

b)

Project is ahead of schedule

c)

Project is progressing at 75% of the rate originally planned

d)

Project is progressing at 25% of the rate originally planned

8.

Conflict resolution techniques that may be used on a project include confronting, smoothing, forcing, and:

a)

Withdrawing

b)

Directing

c)

Organizing

d)

Controlling

9.

A project manager is in the middle of creating a request for a proposal (RFP). What part of the procurement process is she in?

a)

Conduct procurements

b)

Plan Procurements

c)

Control Procurements

d)

Close Procurements

10.

Managing a project can be a very complex task that involves identifying and managing all the stakeholders on the project. The project manager spends 90% of their time doing what important task? 

a)

Determining the needs of the stakeholders

b)

Communications

c)

Determining how much an activity will cost

d)

Determining how long it will take to finish an activity

11.

The project team has been working very hard over the last 4 months to program the financial application and has completed it. The project manager has informed the team that the quality control team will be inspecting it next. What process group best describes what the team has done so far?

a)

Closing

b)

Planning

c)

Executing

d)

Monitoring & Controlling

12.

The sponsor would like a report about the resources that are being used on the project. He would like to see them broken down by different categories to make them easier to understand. What process will the project manager use to create this? 

a)

Develop Schedule

b)

Define Activities

c)

Estimate Activity Resources

d)

Sequence Activities

13.

You are currently managing a business process reengineering project and have identified all the risks that can affect the project. You would like to put the risks in order from most impact to least impact on the project. What is the best process for doing so? 

a)

Perform Qualitative Risk Analysis

b)

Plan Risk Response

c)

Perform Quantitative Risk Analysis

d)

Rank Risk

14.

The project manager is working on a new electrical wiring upgrade project for the entire office. Due to safety issues, the project manager cannot move forward with many parts of the project without inspections and permits from the local Buildings Department. Most permits take approximately 6 weeks to get. Where would the project manager document the opportunity the project should take if a permit comes within 2 weeks instead of the 6 weeks?   

a)

Change Request

b)

Assumption Log

c)

Issue Log

d)

Risk Register

15.

The project manager is having a very difficult time collecting the requirements from the customers. The customers are having a difficult time putting the requirements into logical groupings. What tool can best help them group the requirements?   

a)

Affinity Diagram

b)

Decomposition

c)

Requirements Documentation

d)

Prototype

16.

You have just been appointed the new project manager on a product upgrade project. One person in particular at the company feels like the project may cause them to lose their job. This person has expert knowledge of the current product and does not feel that it needs an upgrade. What would you consider this person on your project? 

a)

Team Member

b)

Subject Matter Expert

c)

Stakeholder

d)

Employee

17.

While working on a complex software development project, the team is having a difficult time understanding a process used to code a particular report. They find the process to have many different paths and if/then scenarios. They have asked the project manager for a tool that can help them see the process on a large white board or on paper. What’s the best tool the project manager can recommend for the team to help visualize the process?   

a)

Histogram

b)

Scatter Diagram

c)

Fishbone Diagram

d)

Flowchart

18.

While working on a large project, the project manager originally counted 12 stakeholders. A new requirement and six more stakeholders were added to the project. How many communication channels are on this project?   

a)

306

b)

160

c)

153

d)

360

19.

Mark is currently working on the workstation upgrade project. He has noticed there are three activities on the critical path, which are activity A, C, and D. Activity B has a slack of 2 and a duration of 4 days. Activity C has a duration of 3 days, and activity D has a duration of 6 days. What is the slack on activity A?

a)

Cannot be determined

b)

4 days

c)

2 days

d)

0 days

20.

While working on a project, the project manager notices that most of the time is spent resolving conflicts between members of the project team. What is the best tool the project manager can use to resolve the problems amongst the team members?

a)

Expert Judgment

b)

Training

c)

Interpersonal and Team Skills

d)

Colocation

21.

Which of the following statements is true about projects:

a)

Projects are temporary Endeavors to create a unique product, service, or results   

b)

Projects are temporary operations that are only done to improve a business   

c)

Projects are ongoing operations to improve business products   

d)

Projects are ongoing operations that will create a unique product, service, or result   

22.

The project manager has just spoken to one of the software developers, Bill, about the project and has asked for an estimate of how long it will take to code a specific function. Bill said that it would take a maximum of 10 days, but that most likely it will be 6 days. The project manager has calculated the PERT estimated duration of this activity to be 6 days. What is the least amount of days it will take to complete this activity? 

a)

3

b)

4

c)

2

d)

1

23.

Senior management in the organization would like your project to have as few risks as possible. Which of the following contracts best meet their criteria? 

a)

Fixed Price

b)

Cost Reimbursable

c)

Cost plus fived fee

d)

Time and Material

24.

A project manager is currently working with the team to complete the office redesign project when a sponsor tells him to finish it 2 weeks sooner. The project manager will need 4 new people to join the team to complete the work sooner. What technique is best described in this scenario?   

a)

Critical path method   

b)

Crashing   

c)

Fast tracking   

d)

Schedule variance   

Explanation

25.

While working on a project with a budget of $5,000, the project manager determines that the earned value on the project so far is $1,750. So far, the project team has spent $2,900. What should the project manager report as the status of the budget?

a)

The project is over budget by 60%.

b)

The project is under budget by 40%.

c)

The project is under budget by 60%

d)

The project is over budget by 40%.

26.

The project manager, Mark, overheard that the project team is not satisfied with the way the budget was created. They strongly believe the project will be over budget at the end. What is the next best step for Mark?

a)

Bring the team together and attempt to understand why they feel this way. 

b)

Do nothing, because the team didn’t speak to Mark about it

c)

Review how the budget was creat

d)

Ask the sponsor for approval to increase the budget

27.

The project manager and the project team are currently assessing various ways of responding to a particular risk. The project involves reconstructing part of their current office building, and they’re worried about a hurricane hitting and damaging the materials or parts of the unfinished building. The best response they came up with was to purchase insurance in case a hurricane does hit. What kind of strategy is this? 

a)

Acceptance   

b)

Avoidance   

c)

Mitigate   

d)

Transfer   

28.

There have been many disputes on the project with the current contractor. The contractor claims the project team is always asking that work not be listed in the contract, and the team claims that the contractor has not been doing the work listed in the contract. What should the project manager do first? 

a)

Meet with the contractor to understand why the team continually asks that the work not be listed in the contract

b)

Meet with the project team members to understand why they feel the contractor has not been doing the work in the contract   

c)

Contact claims administration

d)

Review the contract

29.

Which of the following are processes associated with Project Cost Management?

a)

Develop Costs, Estimate Costs, Determine Budget, Control Costs

b)

Develop Budget, Determine, Determine Risks, Control Costs

c)

Plan Cost Management, Estimate Costs, Determine Budget, Control Costs

d)

Plan Budget Management, Determine Budget, Create Cost Accounts, Control Costs

30.

Requirement is:

a)

Quantified and documented needs of stakeholders

b)

Quantified and documented expectations of customer

c)

Quantified and documented expectations of sponsor

d)

All of the above