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Total 1135 questions

Certified Associate in Project Management (CAPM) Questions and Answers

Question 189

The project manager is dividing the project scope into smaller pieces, and repeating this process until no more subdivisions are required. At this point the project manager is able to estimate costs and activities for each element.

What are these elements called?

Options:

A.

Project activities

B.

Work packages

C.

Planning packages

D.

Project deliverables

Question 190

Which are the main objectives of Project Risk Management?

Options:

A.

Increase the probability of positive risks and decrease the probability of negative risks

B.

Avoid all kind of risks

C.

Increase the probability of positive risks and eliminate all negative risks

D.

Identify positive and negative risks

Question 191

A firm contracted an event management company to conduct the annual sales day event. The agreement states that the event management company will charge the firm for the actuals and receive 8% of the total cost. What type of contract Is this?

Options:

A.

Time and material (T8M)

B.

Fixed price incentive fee (FPIF)

C.

Cost plus fixed fee (CPFF)

D.

Cost plus award fee (CPAF)

Question 192

A new project manager wishes to recommend creating a project management office to senior management. Which statement would the project manager use to describe the Importance of creating the project management office?

Options:

A.

It will give the project manager Independence to make decisions without other departmental input.

B.

It Integrates organizational data and information to ensure that strategic objectives are fulfilled.

C.

The project management office can execute administrative tasks.

D.

The project management office can coordinate projects.

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Total 1135 questions