PMI CAPM Online Practice Questions and Exam Preparation

PMI CAPM Online Questions & Answers

• Question 1021:

  If you established a contingency reserve including time, money, and resources, how are you handling risk?

  A. Accepting
  B. Transferring
  C. Avoiding
  D. Mitigating
  A. Accepting

• Question 1022:

  If a project manager effectively manages project knowledge, a key benefit is that:

  A. all stakeholders have access to the same information
  B. the project team is able to understand the project status
  C. project stakeholders have a clear picture of the project
  D. new knowledge is added to organizational process assets
  D. new knowledge is added to organizational process assets

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  Explanation/Reference:

• Question 1023:

  A new project manager is assigned to a high-visibility project. The project manager starts with the requirements analysis process.

  Who should the project manager onboard to assist with the requirements traceability matrix or analysis?

  A. Technical consultant
  B. Project sponsor
  C. Business analyst
  D. Systems analyst
  C. Business analyst

• Question 1024:

  What is Project Portfolio Management?

  A. Management of a project by dividing the project into more manageable sub- projects.
  B. Management of a project by utilizing a portfolio of general management skills, such as planning, organizing, staffing, executing and controlling.
  C. Management of all projects undertaken by a company.
  D. Management of a collection of projects that are grouped together to facilitate effective management and meet strategic business objectives.
  D. Management of a collection of projects that are grouped together to facilitate effective management and meet strategic business objectives.

• Question 1025:

  How can a project manager ensure effective project stakeholder engagement?

  A. Build a stakeholder responsibility matrix
  B. Hold weekly project staff meetings
  C. Improve interpersonal and team leadership skills
  D. Create detailed project reports for stakeholders
  B. Hold weekly project staff meetings

• Question 1026:

  Which of the following documents allows the project manager to assess risks that may require near term action?

  A. Probability and impact matrix
  B. Contingency analysis report
  C. Risk urgency assessment
  D. Rolling wave plan
  C. Risk urgency assessment

• Question 1027:

  A project manager is writing a document that obligates the seller to provide the specified products, services, or results, and obligates the buyer to compensate the seller. This document represents a legal relationship that is subject to remedy in the courts.

  Which document is described?

  A. General terms
  B. Contract agreement
  C. Change request
  D. Statement of work
  B. Contract agreement

• Question 1028:

  Which process uses expert judgment to manage project resources?

  A. Plan Resource Management
  B. Estimate Activity Resources
  C. Manage Team
  D. Both A and B
  D. Both A and B

• Question 1029:

  The project management plan requires the acquisition of a special part available from a supplier located abroad. Which source selection method is being used?

  A. Least cost
  B. Qualifications only
  C. Sole source
  D. Fixed budget
  C. Sole source

• Question 1030:

  The review of a sellers progress toward achieving the goals of scope and quality within cost and schedule compared to the contract is known as:

  A. Work performance information.
  B. Inspections and audits.
  C. Payment systems.
  D. Procurement performance reviews.
  D. Procurement performance reviews.