This page was exported from IT certification exam materials [ http://blog.dumpleader.com ] Export date:Tue Jan 28 23:19:57 2025 / +0000 GMT ___________________________________________________ Title: [2022] Earn Quick And Easy Success With CAPM Dumps [Q529-Q544] --------------------------------------------------- [2022] Earn Quick And Easy Success With CAPM Dumps Free CAPM pdf Files With Updated and Accurate Dumps Training Target Audience and Prerequisites The CAPM certification is intended for those professionals who are interested in or are just starting a career in project management, as well as for the project team members seeking to demonstrate their PM expertise. The individuals who do not possess the required experience but are interested in the project management domain can also benefit from this PMI certificate. To be eligible for the PMI CAPM certificate, the applicants should meet certain educational requirements. They need to have a secondary degree (an associate's degree, a diploma from high school, or its global equivalent). Additionally, they should have completed at least 23 hours of formal education in project management.   NEW QUESTION 529The process of identifying and documenting project roles, responsibilities, required skills, and reporting relationships and creating a staffing management plan is known as:  Develop Project Team.  Manage Project Team.  Acquire Project Team.  Plan Human Resource Management. Explanation/Reference:Explanation:Process: 9.1 Plan Human Resource ManagementDefinition: The process of identifying and documenting project roles, responsibilities, required skills, reporting relationships, and creating a staffing management plan.Key Benefit: The key benefit of this process is that it establishes project roles and responsibilities, project organization charts, and the staffing management plan including the timetable for staff acquisition and release.Inputs1. Project management plan2. Activity resource requirements3. Enterprise environmental factors4. Organizational process assetsTools & Techniques1. Organization charts and position descriptions2. Networking3. Organizational theory4. Expert judgment5. MeetingsOutputsHuman resource management planNEW QUESTION 530A project manager is determining the amount of contingency needed for a project.Which analysis is the project manager using?  What-if scenario analysis  Simulation  Alternatives analysis  Reserve analysis NEW QUESTION 531The three types of estimates that PERT uses to define an approximate range for an activity’s cost are:  Parametric, most likely, and analogous.  Least likely, analogous, and realistic.  Parametric, optimistic, and pessimistic.  Most likely, optimistic, and pessimistic. NEW QUESTION 532The process of establishing the policies, procedures, and documentation for planning, developing, managing, executing, and controlling the project schedule is known as:  Plan Schedule Management.  Develop Project Charter.  Develop Schedule.  Plan Scope Management. Section: Volume AExplanation:Process: 6.1 Plan Schedule ManagementDefinition: The process of establishing the policies, procedures, and documentation for planning, developing, managing, executing, and controlling the project schedule.Key Benefit: The key benefit of this process is that it provides guidance and direction on how the project schedule will be managed throughout the project.Inputs1. Project management plan2. Project charter3. Enterprise environmental factors4. Organizational process assetsTools & Techniques1. Expert judgment2. Analytical techniques3. MeetingsOutputs1. Schedule management planNEW QUESTION 533The CPI is .92, and the EV is US$172,500.What is the actual cost of the project?  US$158,700  US$172,500  US$187,500  US$245,600 NEW QUESTION 534Which set of competencies should a project manager have?  Leadership, strategic and business management, and technical project management  Expertise in the industry, leadership and business management, and bilingual skills  Technical project management, expertise in every role, and PMP certification  Expertise in every detail on project activities, PMP certification, and leadership Section: Volume ENEW QUESTION 535Project deliverables that have been completed and checked for correctness through the Control Quality process are known as:  Verified deliverables.  Validated deliverables.  Acceptance criteria.  Activity resource requirements. NEW QUESTION 536Reserve analysis is a tool and technique used in which process?  Plan Risk Management  Plan Risk Responses  Identify Risks  Control Risks Section: Volume AExplanation:11.6.2.5 Reserve AnalysisThroughout execution of the project, some risks may occur with positive or negative impacts on budget or schedule contingency reserves. Reserve analysis compares the amount of the contingency reserves remaining to the amount of risk remaining at any time in the project in order to determine if the remaining reserve is adequate.Process: 11.6 Control RisksDefinition: The process of implementing risk response plans, tracking identified risks, monitoring residual risks, identifying new risks, and evaluating risk process effectiveness throughout the project.Key Benefit: The key benefit of this process is that it improves efficiency of the risk approach throughout the project life cycle to continuously optimize risk responses.Inputs1. Project management plan2. Risk register3. Work performance data4. Work performance reportsTools & Techniques1. Risk reassessment2. Risk audits3. Variance and trend analysis4. Technical performance measurement5. Reserve analysis6. MeetingsOutputs1. Work performance information2. Change requests3. Project management plan updates4. Project documents updates5. Organizational process assets updates6.5.2.6 Reserve AnalysisDuration estimates may include contingency reserves, sometimes referred to as time reserves or buffers, into the project schedule to account for schedule uncertainty. Contingency reserves are the estimated duration within the schedule baseline, which is allocated for identified risks that are accepted and for which contingent or mitigation responses are developed. Contingency reserves are associated with the “known-unknowns,” which may be estimated to account for this unknown amount of rework.As more precise information about the project becomes available, the contingency reserve may be used, reduced, or eliminated. Contingency should be clearly identified in schedule documentation.[..]Estimates may also be produced for the amount of management reserve of time for the project. Management reserves are a specified amount of the project duration withheld for management control purposes and are reserved for unforeseen work that is within scope of the project. Management reserves are intended to address the “unknown-unknowns” that can affect a project. Management reserve is not included in the schedule baseline, but it is part of the overall project duration requirements. Depending on contract terms, use of management reserves may require a change to the schedule baseline.NEW QUESTION 537Assigned risk ratings are based upon:  Root cause analysis.  Risk probability and impact assessment.  Expert judgment.  Revised stakeholders’ tolerances. NEW QUESTION 538Which tool or technique is required in order to determine the project budget?  Cost of quality  Historical relationships  Project management software  Forecasting Section: Volume BExplanation:7.3.2.4 Historical RelationshipsAny 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, andModels are scalable, such that they work for large projects, small projects, and phases of a project.Process: 7.3 Determine BudgetDefinition: 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.Inputs1. Cost management plan2. Scope baseline3. Activity cost estimates4. Basis of estimates5. Project schedule6. Resource calendars7. Risk register8. Agreements9. Organizational process assetsTools & Techniques1. Cost aggregation2. Reserve analysis3. Expert judgment4. Historical relationships5. Funding limit reconciliationOutputs1. Cost baseline2. Project funding requirements3. Project documents updatesNEW QUESTION 539The stakeholder register is an output of:  Identify Stakeholders.  Plan Stakeholder Management.  Control Stakeholder Engagement.  Manage Stakeholder Engagement. NEW QUESTION 540Which role does the project manager resemble best?  Orchestra conductor  Facilities supervisor  Functional manager  School principal Section: Volume EExplanation/Reference: https://www.projectmanagement.com/blog-post/38075/The-Orchestra-Conductor-of-ProjectsNEW QUESTION 541Managing ongoing production of goods and services to ensure business continues efficiently describes which type of management?  Portfolio  Project  Program  Operations NEW QUESTION 542Which of the following are components of the technical project management skill?  Ability to explain business aspects of the project, business strategy, goals and objectives, and business value  Ability to deal with people, to be collaborative, and to apply persuasion and negotiation  Ability to focus on relationships with people, inspire trust, and implement decisions and actions that support the business strategy  Ability to plan and prioritize, gather the right artifacts available for each project, and focus on critical success factors Section: Volume EExplanationNEW QUESTION 543An output of the Validate Scope process is:  A requirements traceability matrix.  The scope management plan.  Work performance reports.  Change requests. Section: Volume AExplanation:Process: 5.5 Validate ScopeDefinition: The process of formalizing acceptance of the completed project deliverables.Key Benefit: The key benefit of this process is that it brings objectivity to the acceptance process and increases the chance of final product, service, or result acceptance by validating each deliverable.Inputs1. Project management plan2. Requirements documentation3. Requirements traceability matrix4. Verified deliverables5. Work performance dataTools & Techniques1. Inspection2. Group decision-making techniquesOutputs1. Accepted deliverables2. Change requests3. Work performance information4. Project documents updatesNEW QUESTION 544A project charter is an output of which Process Group?  Executing  Planning  Initiating  Closing  Loading … CAPM - Certified Associate in Project Management (PMI-100) CAPM exam is part of the new PMI Certified Associate in Project Management certification. This is an entry-level certification in project management. This exam measures candidates knowledge in the principles and terminology of A Guide to the Project Management Body of Knowledge (PMBOK Guide).   Real Updated CAPM Questions Pass Your Exam Easily: https://www.dumpleader.com/CAPM_exam.html --------------------------------------------------- Images: https://blog.dumpleader.com/wp-content/plugins/watu/loading.gif https://blog.dumpleader.com/wp-content/plugins/watu/loading.gif --------------------------------------------------- --------------------------------------------------- Post date: 2022-07-16 09:41:29 Post date GMT: 2022-07-16 09:41:29 Post modified date: 2022-07-16 09:41:29 Post modified date GMT: 2022-07-16 09:41:29