PMI CAPM PMI-100 Questions & Answers

• Question 301:

  An input of the Plan Procurement Management process is:

  A. Make-or-buy decisions.

  B. Activity cost estimates.

  C. Seller proposals.

  D. Procurement documents.

  Correct Answer: B

  Explanation:

  7.2.3.1 Activity Cost Estimates

  Activity cost estimates are quantitative assessments of the probable costs required to complete project work. Cost estimates can be presented in summary form or in detail. Costs are estimated for all resources that are applied to the activity cost estimate. This includes, but is not limited to, direct labor, materials, equipment, services, facilities, information technology, and special categories such as cost of financing (including interest charges), an inflation allowance, exchange rates, or a cost contingency reserve. Indirect costs, if they are included in the project estimate, can be included at the activity level or at higher levels.

  Process: 12.1 Plan Procurement ManagementDefinition: The process of documenting project procurement decisions, specifying the approach, and identifying potential sellers. Key Benefit: The key benefit of this process is that it determines whether to acquire outside support, and if so, what to acquire, how to acquire it, how much is needed, and when to acquire it.

  Inputs

  1.

  Project management plan

  2.

  Requirements documentation

  3.

  Risk register

  4.

  Activity resource requirements

  5.

  Project schedule

  6.

  Activity cost estimates

  7.

  Stakeholder register

  8.

  Enterprise environmental factors

  9.

  Organizational process assets

  Tools and Techniques

  1.

  Make-or-buy analysis

  2.

  Expert judgment

  3.

  Market research

  4.

  Meetings

  Outputs

  1.

  Procurement management plan

  2.

  Procurement statement of work

  3.

  Procurement documents

  4.

  Source selection criteria

  5.

  Make-or-buy decisions

  6.

  Change requests

  7.

  Project documents updates

• Question 302:

  The approaches, tools, and data sources that will be used to perform risk management on a project are determined by the:

  A. Methodology

  B. Risk category

  C. Risk attitude

  D. Assumption analysis

  Correct Answer: A

  Explanation:

  11.1.3.1 Risk Management Plan

  The risk management plan is a component of the project management plan and describes how risk management activities will be structured and performed. The risk management plan includes the following:

  

  Methodology. Defines the approaches, tools, and data sources that will be used to perform risk management on the project.

  Roles and responsibilities. Defines the lead, support, and risk management team members for each type of activity in the risk management plan, and clarifies their responsibilities.

  Budgeting. Estimates funds needed, based on assigned resources, for inclusion in the cost baseline and establishes protocols for application of contingency and management reserves.

  Timing. Defines when and how often the risk management processes will be performed throughout the project life cycle, establishes protocols for application of schedule contingency reserves, and establishes risk management activities for inclusion in the project schedule.

• Question 303:

  Which type of manager is assigned by the performing organization to lead the team that is responsible for achieving the project objectives?

  A. Program

  B. Functional

  C. Project

  D. Portfolio

  Correct Answer: C

• Question 304:

  Managing ongoing production of goods and services to ensure business continues efficiently describes which type of management?

  A. Portfolio

  B. Project

  C. Program

  D. Operations

  Correct Answer: D

• Question 305:

  An output of the Develop Project Team process is:

  A. change requests

  B. team performance assessments

  C. project staff assignments

  D. project documents updates

  Correct Answer: B

  Explanation:

  Process: 9.3 Develop Project TeamDefinition: The process of improving competencies, team member interaction, and overall team environment to enhance project performance. The key benefit of this process is that it results in improved teamwork, enhanced people skills and competencies, motivated employees, reduced staff turnover rates, and improved overall project performance. Key Benefit: The key benefit of this process is that it results in improved teamwork, enhanced people skills and competencies, motivated employees, reduced staff turnover rates, and improved overall project performance.

  Inputs

  1.

  Human resource management plan

  2.

  Project staff assignments

  3.

  Resource calendars

  Tools and Techniques

  1.

  Interpersonal skills

  2.

  Training

  3.

  Team-building activities

  4.

  Ground rules

  5.

  Colocation

  6.

  Recognition and rewards

  7.

  Personnel assessment tools

  Outputs

  1.

  Team performance assessments

  2.

  Enterprise environmental factors updates

• Question 306:

  The stakeholder register is an output of: A. Identify Stakeholders.

  B. Plan Stakeholder Management.

  C. Control Stakeholder Engagement.

  D. Manage Stakeholder Engagement.

  Correct Answer: A

  Explanation:

  5.2.1.5 Stakeholder Register

  Described in Section 13.1.3.1. The stakeholder register is used to identify stakeholders who can provide information on the requirements. The stakeholder register also captures major requirements and main expectations stakeholders may have for the project.

  13.1.3.1 Stakeholder Register

  The main output of the Identify Stakeholders process is the stakeholder register. This contains all details related to the identified stakeholders including, but not limited to:

  Identification information. Name, organizational position, location, role in the project, contact information;

  Assessment information. Major requirements, main expectations, potential influence in the project, phase in the life cycle with the most interest; and

  Stakeholder classification. Internal/external, supporter/neutral/resistor, etc.

  The stakeholder register should be consulted and updated on a regular basis, as stakeholders may change—or new ones identified—throughout the life cycle of the project.

  Process: 13.1 Identify StakeholdersDefinition: The process of identifying the people, groups, or organizations that could impact or be impacted by a decision, activity, or outcome of the project; and analyzing and documenting relevant information regarding their interests, involvement, interdependencies, influence, and potential impact on project success. Key Benefit: The key benefit of this process is that it allows the project manager to identify the appropriate focus for each stakeholder or group of stakeholders.

  Inputs

  1.

  Project charter

  2.

  Procurement documents

  3.

  Enterprise environmental factors

  4.

  Organizational process assets

  Tools and Techniques

  1.

  Stakeholder analysis

  2.

  Expert judgment

  3.

  Meetings

  Outputs

  1. Stakeholder register

• Question 307:

  Which process involves the creation of a document that provides the project manager with the authority to apply resources to a project?

  A. Define Activities

  B. Direct and Manage Project Work

  C. Develop Project Management Plan

  D. Develop Project Charter

  Correct Answer: D

  Explanation:

  Process: 4.1. Develop Project CharterDefinition: The process of developing a document that formally authorizes the existence of aproject and provides the project manager with the authority to apply organizational resources toproject activities.Key Benefit: The key benefit of this process is a well-defined project start and project boundaries, creation of a formal record of the project, and a direct way for senior management to formally accept and commit to the project.

  Inputs

  1.

  Project statement of work

  2.

  Business case

  3.

  Agreements

  4.

  Enterprise environmental factors

  5.

  Organizational process assets

  Tools and Techniques

  1.

  Expert judgment

  2.

  Facilitation techniques

  Outputs

  1. Project charter

• Question 308:

  Requirements documentation will typically contain at least:

  A. Stakeholder requirements, staffing requirements, and transition requirements.

  B. Business requirements, the stakeholder register, and functional requirements.

  C. Stakeholder impact, budget requirements, and communications requirements.

  D. Business objectives, stakeholder impact, and functional requirements.

  Correct Answer: D

  Explanation:

  5.2.3.1 Requirements Documentation

  Requirements documentation describes how individual requirements meet the business need for the project. Requirements may start out at a high level and become progressively more detailed as more about the requirements is known. Before being baselined, requirements need to be unambiguous (measurable and testable), traceable, complete, consistent, and acceptable to key stakeholders. The format of a requirements document may range from a simple document listing all the requirements categorized by stakeholder and priority, to more elaborate forms containing an executive summary, detailed descriptions,

  and attachments.

  Components of requirements documentation can include, but, are not limited to:

  Business requirements, including:

  ○

  Business and project objectives for traceability;

  ○

  Business rules for the performing organization; and

  ○

  Guiding principles of the organization

  • Stakeholder requirements, including:

  ○

  Impacts to other organizational areas;

  ○

  Impacts to other entities inside or outside the performing organization; and

  ○

  Stakeholder communication and reporting requirements.

  • Solution requirements, including:

  ○

  Functional and nonfunctional requirements;

  ○

  Technology and standard compliance requirements;

  ○

  Support and training requirements;

  ○

  Quality requirements; and

  ○

  Reporting requirements, etc. (solution requirements can be documented textually, in models, or both).

  Project requirements, such as:

  ○

  Levels of service, performance, safety, compliance, etc.; and

  ○

  Acceptance criteria.

  Transition requirements.

  Requirements assumptions, dependencies, and constraints.

• Question 309:

  Which tool or technique is required in order to determine the project budget?

  A. Cost of quality

  B. Historical relationships

  C. Project management software

  D. Forecasting

  Correct Answer: B

  Explanation:

  7.3.2.4 Historical Relationships Any historical relationships that result in parametric estimates or analogous estimates involve the use of project characteristics (parameters) to develop mathematical models to predict total project costs. Such models may be simple (e.g., residential home construction is based on a certain cost per square foot of space) or complex (e.g., one model of software development costing uses multiple separate adjustment factors, each of which has numerous points within it). Both the cost and accuracy of analogous and parametric models can vary widely. They are most likely to be reliable when:

  Historical information used to develop the model is accurate,

  Parameters used in the model are readily quantifable, and

  Models are scalable, such that they work for large projects, small projects, and phases of a project.

  Process: 7.3 Determine Budget Definition: The process of aggregating the estimated costs of individual activities or work packages to establish an authorized cost baseline. Key Benefit: The key benefit of this process is that it determines the cost baseline against which project performance can be monitored and controlled. Inputs

  1.

  Cost management plan

  2.

  Scope baseline

  3.

  Activity cost estimates

  4.

  Basis of estimates

  5.

  Project schedule

  6.

  Resource calendars

  7.

  Risk register

  8.

  Agreements

  9.

  Organizational process assets

  Tools and Techniques

  1.

  Cost aggregation

  2.

  Reserve analysis

  3.

  Expert judgment

  4.

  Historical relationships

  5.

  Funding limit reconciliation

  Outputs

  1.

  Cost baseline

  2.

  Project funding requirements

  3.

  Project documents updates

• Question 310:

  An input to the Perform Integrated Change Control process is:

  A. expert judgment

  B. seller proposals

  C. the project charter

  D. the project management plan

  Correct Answer: D

  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.

  Process: 4.5 Perform Integrated Change Control Perform Integrated Change Control is the process of reviewing all change requests; approving changes and managing changes to deliverables, organizational process assets, project documents, and the project management plan; and communicating their disposition. It reviews all requests for changes or modifications to project documents, deliverables, baselines, or the project management plan and approves or rejects the changes. Key Benefit: The key benefit of this process is that it allows for documented changes within the project to be considered in an integrated fashion while reducing project risk, which often arises from changes made without consideration to the overall project objectives or plans.

  Inputs

  1.

  Project management plan

  2.

  Work performance reports

  3.

  Change requests

  4.

  Enterprise environmental factors

  5.

  Organizational process assets

  Tools and Techniques

  1.

  Expert judgment

  2.

  Meetings

  3.

  Change control tools

  Outputs

  1.

  Approved change requests

  2.

  Change log

  3.

  Project management plan updates

  4.

  Project documents updates