PMI PMI Certifications CAPM Questions & Answers

• Question 501:

  The three processes of Project Cost Management are:

  A. Estimate Costs, Control Schedule, and Control Costs.

  B. Estimate Costs, Determine Budget, and Estimate Activity Resources.

  C. Determine Budget, Control Schedule, and Estimate Activity Resources.

  D. Estimate Costs, Determine Budget, and Control Costs.

  Correct Answer: D

• Question 502:

  Which of the following is an output of the Conduct Procurements process?

  A. Project statement of work

  B. Selected sellers

  C. Risk register updates

  D. Teaming agreements

  Correct Answer: B

• Question 503:

  The technique of subdividing project deliverables into smaller, more manageable components until the work and deliverables are defined to the work package level is called:

  A. a control chart.

  B. baseline.

  C. Create WBS.

  D. decomposition.

  Correct Answer: D

• Question 504:

  Which baselines make up the performance measurement baseline?

  A. Scope baseline, cost baseline, and schedule baseline

  B. Scope baseline, project management baseline, and quality baseline

  C. Cost baseline, schedule baseline, and risk baseline

  D. Cost baseline, project management baseline, and schedule baseline

  Correct Answer: A

• Question 505:

  The application of knowledge, skills, tools, and techniques to project activities to meet project requirements describes management of which of the following?

  A. Project

  B. Scope

  C. Contract

  D. Program

  Correct Answer: A

• Question 506:

  Prototype development may be used as a tool for which of the following risk response strategies?

  A. Avoid

  B. Accept

  C. Mitigate

  D. Exploit

  Correct Answer: C

• Question 507:

  Which index is the calculated projection of cost performance that must be achieved on the remaining work to meet a specified management goal?

  A. Estimate at completion

  B. Cost performance

  C. Schedule performance

  D. To-complete performance

  Correct Answer: D

• Question 508:

  Inputs to the Plan Risk Management process include the:

  A. cost management plan.

  B. risk management plan,

  C. activity list,

  D. risk register.

  Correct Answer: A

• Question 509:

  Which of the following is an output of Define Scope?

  A. Project scope statement

  B. Project charter

  C. Project plan

  D. Project schedule

  Correct Answer: A

• Question 510:

  Funding limit reconciliation is a tool and technique used in which process?

  A. Control Costs

  B. Determine Budget

  C. Estimate Costs

  D. Control Budget

  Correct Answer: B