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PMI Certified Associate in Project Management (CAPM) Sample Questions (Q706-Q711):

NEW QUESTION # 706
Impacts to other organizational areas, levels of service, and acceptance criteria are typical components of which document?

A. Risk register
B. Requirements documentation
C. Business case
D. Work breakdown structure

Answer: B

Explanation:
Section: Volume B
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.

NEW QUESTION # 707
Which is an output of the Collect Requirements process?

A. Requirements traceability matrix
B. Work performance measurements
C. WBS dictionary
D. Project scope statement

Answer: A

NEW QUESTION # 708
Documented identification of a flaw in a project component together with a recommendation is termed a:

A. non-conformance report,
B. defect repair.
C. corrective action.
D. preventive action.

Answer: B

NEW QUESTION # 709
Reserve analysis is a tool and technique used in which process?

A. Plan Risk Responses
B. Plan Risk Management
C. Control Risks
D. Identify Risks

Answer: C

Explanation:
Section: Volume A
Explanation:
11.6.2.5 Reserve Analysis
Throughout 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 Risks
Definition: 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.
Inputs
1. Project management plan
2. Risk register
3. Work performance data
4. Work performance reports
Tools & Techniques
1. Risk reassessment
2. Risk audits
3. Variance and trend analysis
4. Technical performance measurement
5. Reserve analysis
6. Meetings
Outputs
1. Work performance information
2. Change requests
3. Project management plan updates
4. Project documents updates
5. Organizational process assets updates
6.5.2.6 Reserve Analysis
Duration 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 # 710
Using the three-point estimating technique, if the most likely duration is four months, the optimistic duration is two months, and the pessimistic duration is one year, how many months is the expected activity duration?

A. Two
B. Four
C. Twelve
D. Five

Answer: D

NEW QUESTION # 711
......

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Will Scott Will Scott

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