TOP CAPM PRACTICE ONLINE HELP YOU CLEAR YOUR PMI CAPM: CERTIFIED ASSOCIATE IN PROJECT MANAGEMENT (CAPM) EXAM CERTAINLY

Top CAPM Practice Online Help You Clear Your PMI CAPM: Certified Associate in Project Management (CAPM) Exam Certainly

Top CAPM Practice Online Help You Clear Your PMI CAPM: Certified Associate in Project Management (CAPM) Exam Certainly

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PMI CAPM (Certified Associate in Project Management) certification is a globally recognized credential that is designed for individuals who are interested in building a career in project management. Certified Associate in Project Management (CAPM) certification is ideal for those who are new to the field of project management and want to establish their foundational knowledge and skills. The CAPM certification is offered by the Project Management Institute (PMI), which is the leading professional association for project managers.

Advantage in the Career after to pass the Certification Exam

Having a PMI Certified Associate in Project Management will certainly give you an advantage when hiring managers look at your resume. If you have certification is a significant advantage in jobs competition as compared to those who do not have one. If you have the certificate then you can move up the corporate ladder or into a better, higher-paying job in your company. You can also join a unique group of certified and skilled professionals. There are many companies that support their employees in earning these certifications that may even lead to promotions and raises as well. Many companies have requirements by their professional recertify every two to three years.

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PMI Certified Associate in Project Management (CAPM) Sample Questions (Q148-Q153):

NEW QUESTION # 148
The primary benefit of the Plan Schedule Management process is that it:

  • A. tightly links processes to create a seamless project schedule.
  • B. creates an overview of all activities broken down into manageable subsections.
  • C. provides guidance to identify time or schedule challenges within the project.
  • D. guides how the project schedule will be managed throughout the project.

Answer: D

Explanation:
Explanation/Reference:
Explanation:
Process: 6.1 Plan Schedule Management
Definition: The process of establishing the policies, procedures, and documentation for planning, developing, managing, executing, and controlling the project schedule.
Key Benefit: The key benefit of this process is that it provides guidance and direction on how the project schedule will be managed throughout the project.
Inputs
1. Project management plan
2. Project charter
3. Enterprise environmental factors
4. Organizational process assets
Tools & Techniques
1. Expert judgment
2. Analytical techniques
3. Meetings
Outputs
1. Schedule management plan


NEW QUESTION # 149
A car company authorized a project to build more fuel-efficient cars in response to gasoline shortages. With which of the following strategic considerations was this project mainly concerned?

  • A. Legal requirements
  • B. Market demand
  • C. Strategic Opportunity
  • D. Technological advance

Answer: B

Explanation:
Section: Volume E
Explanation:
1.4.3 Projects and Strategic Planning
Projects are often utilized as a means of directly or indirectly achieving objectives within an organization's strategic plan. Projects are typically authorized as a result of one or more of the following strategic considerations:
Market demand (e.g., a car company authorizing a project to build more fuel-efficient cars in

response to gasoline shortages);
Strategic opportunity/business need (e.g., a training company authorizing a project to create a new course to

increase its revenues);
Social need (e.g., a nongovernmental organization in a developing country authorizing a project to provide

potable water systems, latrines, and sanitation education to communities suffering from high rates of infectious diseases); Environmental consideration (e.g., a public company authorizing a project to create a new service for electric

car sharing to reduce pollution);
Customer request (e.g., an electric utility authorizing a project to build a new substation to serve a new

industrial park);
Technological advance (e.g., an electronics firm authorizing a new project to develop a faster, cheaper, and

smaller laptop based on advances in computer memory and electronics technology); and Legal requirement (e.g., a chemical manufacturer authorizing a project to establish guidelines for proper

handling of a new toxic material).
Projects, within programs or portfolios, are a means of achieving organizational goals and objectives, often in the context of a strategic plan. Although a group of projects within a program can have discrete benefits, they can also contribute to the benefits of the program, to the objectives of the portfolio, and to the strategic plan of the organization.
Organizations manage portfolios based on their strategic plan. One goal of portfolio management is to maximize the value of the portfolio through careful examination of its components-the constituent programs, projects, and other related work. Those components contributing the least to the portfolio's strategic objectives may be excluded.
In this way, an organization's strategic plan becomes the primary factor guiding investments in projects. At the same time, projects provide feedback to programs and portfolios by means of status reports, lessons learned, and change requests that may help to identify impacts to other projects, programs, or portfolios. The needs of the projects, including the resource needs, are rolled up and communicated back to the portfolio level, which in turn sets the direction for organizational planning.


NEW QUESTION # 150
Which of the following correctly describes when organizations and stakeholders are willing to accept varying degrees of risk?

  • A. Risk attitude
  • B. Risk tolerance
  • C. Risk management
  • D. Risk analysis

Answer: B


NEW QUESTION # 151
Which of the following activities are included as part of a project manager's responsibilities?

  • A. Control, maintain project status, and develop.
  • B. Problem solve , achieve the bottom line, and focus on success.
  • C. Inspire, engage, and build relationships with people.
  • D. Direct, control, and focus on structure.

Answer: A


NEW QUESTION # 152
Which process in Project Time Management includes reserve analysis as a tool or technique?

  • A. Estimate Activity Durations
  • B. Develop Schedule
  • C. Estimate Activity Resources
  • D. Sequence Activities

Answer: A

Explanation:
Section: Volume A
Explanation:
Process: 6.5 Estimate Activity Durations
Definition: The process of estimating the number of work periods needed to complete individual activities with estimated resources.
Key Benefit: The key benefit of this process is that it provides the amount of time each activity will take to complete, which is a major input into the Develop Schedule process.
Inputs
1. Schedule management plan
2. Activity list
3. Activity attributes
4. Activity resource requirements
5. Resource calendars
6. Project scope statement
7. Risk register
8. Resource breakdown structure
9. Enterprise environmental factors
10.Organizational process assets
Tools & Techniques
1. Expert judgment
2. Analogous estimating
3. Parametric estimating
4. Three-point estimating
5. Group decision-making techniques
6. Reserve analysis
Outputs
1. Activity duration estimates
2. Project documents updates
6.5.2.6 Reserve Analysis
Duration estimates may include contingency reserves, sometimes referred to as time reserves or buffers, into the project schedule to account for schedule uncertainty. Contingency reserves are the estimated duration within the schedule baseline, which is allocated for identified risks that are accepted and for which contingent or mitigation responses are developed. Contingency reserves are associated with the "known-unknowns," which may be estimated to account for this unknown amount of rework.
As more precise information about the project becomes available, the contingency reserve may be used, reduced, or eliminated. Contingency should be clearly identified in schedule documentation.
[..]
Estimates may also be produced for the amount of management reserve of time for the project. Management reserves are a specified amount of the project duration withheld for management control purposes and are reserved for unforeseen work that is within scope of the project. Management reserves are intended to address the "unknown-unknowns" that can affect a project. Management reserve is not included in the schedule baseline, but it is part of the overall project duration requirements. Depending on contract terms, use of management reserves may require a change to the schedule baseline.


NEW QUESTION # 153
......

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