Capm question - Study guides, Class notes & Summaries

CAPM Practice Exam Questions with Correct Answers

CAPM Exam Question and answers 100% correct 2023/2024Cost Variance formula - correct answer Earned Value (EV) - Actual Cost (AC) What are the 6 constraints? - correct answer Scope, Risk, Resources, Quality, Schedule, Budget Initiating (Process Group) - correct answer Processes performed to define a new PROJECT or a new PHASE of an existing project Planning (Process Group) - correct answer Processes performed to establish total scope of effort, define and refine objectives, and develop ...

Work Package - The work defined at the lowest level of the work breakdown structure for which cost and duration can be estimated and managed. Acceptance Criteria - A set of conditions that is required to be met before deliverables are accepted. Accuracy - Within the quality management system, accuracy is an assessment of correctness. Activity List - A documented tabulation of schedule activities that shows the activity description, activity identifier, and a sufficiently detailed scop...

Cost Variance formula Correct Answer-Earned Value (EV) - Actual Cost (AC) What are the 6 constraints? Correct Answer-Scope, Risk, Resources, Quality, Schedule, Budget Initiating (Process Group) Correct Answer-Processes performed to define a new PROJECT or a new PHASE of an existing project Planning (Process Group) Correct Answer-Processes performed to establish total scope of effort, define and refine objectives, and develop a course of action to attain the objectives Executing (Proc...

CAPM Questions and answers 100% correct 2024 True or False: Having a CAPM means your knowledge of project management is recognized and respected across many different industries. A. True B. False - correct answer A. True True or False: Once you pass the CAPM exam, you hold that certification forever, without having to meet further requirements. A. True B. False - correct answer B. False True or False: After you work on a project in any capacity for an employer for three months, y...

A project is said to be temporary because: A. it has a short duration B. it has a definite beginning and end C. it has the potential to be a continuous and ongoing effort D. its project team outlives it. - B. it has a definite beginning and end Which of the following is NOT a characteristic of a project? A. Constrained by limited resources B. Creates unique product or services C. Ongoing and repetitive D. Planned, executed, and controlled - C. Ongoing and repetitive Project deliverable...

Acceptance Criteria - set of conditions that is required to be met before deliverables are accepted Accepted Deliverables - Products, results, or capabilities produced by a project and validated by the project customer or sponsors as meeting their specified acceptance criteria Accuracy - within the quality management system; is an assessment of correctness Acquire Project Team - the process of confirming human resource availability and obtaining the team necessary to complete project ac...

CAPM EXAM QUESTIONS WITH 100% CORRECT ANSWERS GRADED A+

portfolio includes programs, individual projects, and other related operational work that is prioritized and implemented to achieve a specific strategic business goal project included in a portfolio based on potential return on investment, strategic benefits, alignment with corporate strategy, and other factors critical to organizational success program A grouping of related projects that are managed together to capitalize on benefits that couldn't be achieved if the projects were managed...