PMI CAPM PMI-100 Questions & Answers

• Question 201:

  Which changes occur in risk and uncertainty as well as the cost of changes as the life cycle of a typical project progresses?

  A. Risk and uncertainty increase; the cost of changes increases.

  B. Risk and uncertainty increase; the cost of changes decreases.

  C. Risk and uncertainty decrease; the cost of changes increases.

  D. Risk and uncertainty decrease; the cost of changes decreases.

  Correct Answer: C

• Question 202:

  Which document defines how a project is executed, monitored and controlled, and closed?

  A. Strategic plan

  B. Project charter

  C. Project management plan

  D. Service level agreement

  Correct Answer: C

  Explanation:

  4.2.3.1 Project Management Plan

  The project management plan is the document that describes how the project will be executed, monitored,

  and controlled. It integrates and consolidates all of the subsidiary plans and baselines from the planning

  processes.

  Project baselines include, but are not limited to:

  Scope baseline (Section 5.4.3.1),

  Schedule baseline (Section 6.6.3.1), and

  Cost baseline (Section 7.3.3.1).

  Subsidiary plans include, but are not limited to:

  Scope management plan (Section 5.1.3.1),

  Requirements management plan (Section 5.1.3.2),

  Schedule management plan (Section 6.1.3.1),

  Cost management plan (Section 7.1.3.1),

  Quality management plan (Section 8.1.3.1),

  Process improvement plan (Section 8.1.3.2),

  Human resource management plan (Section 9.1.3.1),

  Communications management plan (Section 10.1.3.1),

  Risk management plan (Section 11.1.3.1),

  Procurement management plan (Section 12.1.3.1), and

  Stakeholder management plan (Section 13.2.3.1).

  Among other things, the project management plan may also include the following:

  Life cycle selected for the project and the processes that will be applied to each phase;

  Details of the tailoring decisions specified by the project management team as follows:

  ○

  Project management processes selected by the project management team,

  ○

  Level of implementation for each selected process,

  ○

  Descriptions of the tools and techniques to be used for accomplishing those processes, and

  ○

  Description of how the selected processes will be used to manage the specific project, including the

  dependencies and interactions among those processes and the essential inputs and outputs.

  Description of how work will be executed to accomplish the project objectives;

  Change management plan that documents how changes will be monitored and controlled;

  Configuration management plan that documents how Configuration management will be performed;

  Description of how the integrity of the project baselines will be maintained;

  Requirements and techniques for communication among stakeholders; and

  Key management reviews for content, the extent of, and timing to address, open issues and pending

  decisions.

  The project management plan may be either summary level or detailed, and may be composed of one or more subsidiary plans. Each of the subsidiary plans is detailed to the extent required by the specific project. Once the project management plan is baselined, it may only be changed when a change request is generated and approved through the Perform Integrated Change Control process.

• Question 203:

  Which type of managers do composite organizations involve?

  A. Functional managers and manager of project managers

  B. Functional managers only

  C. Project managers only

  D. Technical managers and project managers

  Correct Answer: A

• Question 204:

  A work package has been scheduled to cost $1,000 to complete and was to be finished today. As of today, the actual expenditure is $1,200 and approximately half of the work has been completed. What is the cost variance?

  A. -700

  B. -200

  C. 200

  D. 500

  Correct Answer: A

• Question 205:

  Which Project Management Process Group includes Collect Requirements, Define Activities, Sequence Activities, Perform Qualitative Risk Analysis, and Perform Quantitative Risk Analysis?

  A. Initiating

  B. Monitoring and Controlling

  C. Planning

  D. Closing

  Correct Answer: C

  Explanation:

  Planning Process Group

  4.2

  Develop Project Management Plan

  5.1

  Plan Scope Management

  5.2 Collect Requirements

  5.3 Define Scope

  5.4

  Create WBS

  6.1

  Plan Schedule Management

  6.2 Define Activities

  6.3 Sequence Activities

  6.4 Estimate Activity Resources

  6.5 Estimate Activity Durations

  6.6

  Develop Schedule

  7.1

  Plan Cost Management

  7.2 Estimate Costs

  7.3

  Determine Budget

  8.1

  Plan Quality Management

  9.1

  Plan Human Resource Management

  10.1

  Plan Communications Management

  11.1

  Plan Risk Management

  11.2 Identify Risks

  11.3 Perform Qualitative Risk Analysis

  11.4 Perform Quantitative Risk Analysis

  11.5

  Plan Risk Responses

  12.1

  Plan Procurement Management

  13.2

  Plan Stakeholder Management

• Question 206:

  Which process involves documenting the actions necessary to define, prepare, integrate, and coordinate all subsidiary plans?

  A. Collect Requirements

  B. Direct and Manage Project Execution

  C. Monitor and Control Project Work

  D. Develop Project Management Plan

  Correct Answer: D

  Explanation:

  Process: 4.2. Develop Project Management PlanDefinition: The process of defining, preparing, and coordinating all subsidiary plans and integrating them into a comprehensive project management plan. The project's integrated baselines and subsidiary plans may be included within the project management plan. Key Benefit: The key benefit of this process is a central document that defines the basis of all project work.

  Inputs

  1.

  Project charter

  2.

  Outputs from other processes

  3.

  Enterprise environmental factors

  4.

  Organizational process assets

  Tools and Techniques

  1.

  Expert judgment

  2.

  Facilitation techniques

  Outputs

  1. Project management plan

  4.2.3.1 Project Management Plan

  The project management plan is the document that describes how the project will be executed, monitored,

  and controlled. It integrates and consolidates all of the subsidiary plans and baselines from the planning

  processes.

  Project baselines include, but are not limited to:

  Scope baseline (Section 5.4.3.1),

  Schedule baseline (Section 6.6.3.1), and

  Cost baseline (Section 7.3.3.1).

  Subsidiary plans include, but are not limited to:

  Scope management plan (Section 5.1.3.1),

  Requirements management plan (Section 5.1.3.2),

  Schedule management plan (Section 6.1.3.1),

  Cost management plan (Section 7.1.3.1),

  Quality management plan (Section 8.1.3.1),

  Process improvement plan (Section 8.1.3.2),

  Human resource management plan (Section 9.1.3.1),

  Communications management plan (Section 10.1.3.1),

  Risk management plan (Section 11.1.3.1),

  Procurement management plan (Section 12.1.3.1), and

  Stakeholder management plan (Section 13.2.3.1).

  Among other things, the project management plan may also include the following:

  Life cycle selected for the project and the processes that will be applied to each phase;

  Details of the tailoring decisions specified by the project management team as follows:

  ○

  Project management processes selected by the project management team,

  ○

  Level of implementation for each selected process,

  ○

  Descriptions of the tools and techniques to be used for accomplishing those processes, and

  ○

  Description of how the selected processes will be used to manage the specific project, including the

  dependencies and interactions among those processes and the essential inputs and outputs.

  Description of how work will be executed to accomplish the project objectives;

  Change management plan that documents how changes will be monitored and controlled;

  Configuration management plan that documents how Configuration management will be performed;

  Description of how the integrity of the project baselines will be maintained;

  Requirements and techniques for communication among stakeholders; and

  Key management reviews for content, the extent of, and timing to address, open issues and pending

  decisions.

  The project management plan may be either summary level or detailed, and may be composed of one or more subsidiary plans. Each of the subsidiary plans is detailed to the extent required by the specific project. Once the project management plan is baselined, it may only be changed when a change request is generated and approved through the Perform Integrated Change Control process.

• Question 207:

  What is one of the objectives of Project Risk Management?

  A. Decrease the probability and impact of an event on project objectives.

  B. Distinguish between a project risk and a project issue so that a risk mitigation plan can be put in place.

  C. Increase the probability and impact of positive events.

  D. Removal of project risk.

  Correct Answer: C

  Explanation:

  PROJECT RISK MANAGEMENT

  Project Risk Management includes the processes of conducting risk management planning, identification, analysis, response planning, and controlling risk on a project. The objectives of project risk management are to increase the likelihood and impact of positive events, and decrease the likelihood and impact of negative events in the project.

• Question 208:

  Which process uses occurrence probability and impact on project objectives to assess the priority of identified risks?

  A. Identify Risks

  B. Perform Qualitative Risk Analysis

  C. Plan Risk Management

  D. Perform Quantitative Risk Analysis

  Correct Answer: B

  Explanation:

  Process: 11.3 Perform Qualitative Risk Analysis Definition: The process of prioritizing risks for further analysis or action by assessing and combiningtheir probability of occurrence and impact.Key Benefit: The key benefit of this process is that it enables project managers to reduce the level of uncertainty and to focus on high-priority risks.

  Inputs

  1.

  Risk management plan

  2.

  Scope baseline

  3.

  Risk register

  4.

  Enterprise environmental factors

  5.

  Organizational process assets

  Tools and Techniques

  1.

  Risk probability and impact assessment

  2.

  Probability and impact matrix

  3.

  Risk data quality assessment

  4.

  Risk categorization

  5.

  Risk urgency assessment

  6.

  Expert judgment

  Outputs

  1. Project documents updates

• Question 209:

  Which of the following involves making information available to project stakeholders in a timely manner?

  A. Plan Communications

  B. Performance reporting

  C. Project status reports

  D. Distribute Information

  Correct Answer: D

• Question 210:

  Which Process Group typically consumes the bulk of a project's budget?

  A. Monitoring and Controlling

  B. Executing

  C. Planning

  D. Initiating

  Correct Answer: B