Certified Associate in Project Management (CAPM)® Certification Prep Quiz Questions and Answers
You are managing a project that will implement a new marketing software package. You have assigned the resources and want to keep the IT manager in the loop by informing him or her of your decisions. Which type of organizational structure are you working in?
Answer :
Strong Matrix
Explanation :
Projectized Organization: Any organizational structure in which the project manager has full authority to assign priorities and to direct the work of individuals assigned to the project. Strong Matrix: The project manager is assigned full time and has a f
Cost benefit analysis, scorecard modelling, payback periods, and internal rate of return are examples of ____________.
Answer :
Enterprise benefits measurement methods when selecting a project
Explanation :
Projects are seeded from the recognition of a regulatory or business need. Cost benefit analysis, scorecard modelling , payback periods, and internal rate of return are examples of benefits measurement methods when selecting a project. Best Option is A
Which type of network diagram is also referred to as activity-on-arrow (AOA) diagrams?
Answer :
Arrow Diagramming Method (ADM)
Explanation :
The arrow diagramming method (ADM) is also referred to as activity-on-arrow (AOA) diagramming method. Precedence diagramming method (PDM) is also referred to as activity-on-node (AON) diagramming method
Make-or-buy decisions measure the costs of both options. What are the two options?
Answer :
Direct and Indirect
Explanation :
Make-or-buy decisions measure the costs of both options. When doing this analysis, it should include both direct and indirect costs so that the final decision is based on comparisons that are equal.
Which of the following statement is true about Strategic planning?
Answer :
A) Strategic planning determines which projects will be choosing in order to achieve the organizational goals B) Strategic planning determines which projects will be sponsor in order to achieve the organizational goals C) Strategic planning determines these are the projects that get chosen and funded All of the above
Explanation :
Strategic planning determines which projects will be choose or sponsor in order to achieve the organizational goals. Strategic planning determines these are the projects that get chosen and funded.
Which of the following are the inputs of Define Scope?
Answer :
A) Requirements document created in collect requirements process B) Project files from previous projects C) Project Charter All of the above
Explanation :
Define Scope - Inputs Requirements document created in collect requirements process, Project Charter and Organizational Process Assets (Project files from previous projects, lesson learned)
You are managing a project that will implement a new Insurance software package. Two project team members have difficulty working together. They come to you, for help resolving the issues. You immediately set up a meeting that includes the functional manager. After the meeting, you and the functional manager discuss the issues and agree on a solution. What type of organizational structure you are working in?
Answer :
Balanced matrix
Explanation :
Balanced matrix: Power is shared between both Functional and Project Manager. In this case you include the functional manager in the meeting therefore it is Balanced matrix organization.
Which time estimating tools estimate the basis for activity durations that can be quantitatively determined by multiplying the quantity of work to be performed by the productivity rate?
Answer :
Parametric estimating
Explanation :
Parametric Estimating: Estimating the basis for activity durations can be quantitatively determined by multiplying the quantity of work to be performed by the productivity rate.
In which phase the project manager is assigned to a project?
Answer :
During the initiation stage
Explanation :
output of Initiation process : Project charter PM assigned Constraints Assumptions Project manager is assigned to a project During the initiation stage.
