Guaranteed CAPM Passing & CAPM Hot Spot Questions
Guaranteed CAPM Passing & CAPM Hot Spot Questions
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Tags: Guaranteed CAPM Passing, CAPM Hot Spot Questions, CAPM Exam Engine, Reliable CAPM Test Topics, CAPM Free Practice Exams
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CAPM Hot Spot Questions, CAPM Exam Engine
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PMI Certified Associate in Project Management (CAPM) Sample Questions (Q276-Q281):
NEW QUESTION # 276
A strengths, weaknesses, opportunities, and threats (SWOT) analysis is a tool or technique used in which process?
- A. Perform Qualitative Risk Analysis
- B. Perform Quantitative Risk Analysis
- C. Identify Risks
- D. Control Risks
Answer: C
Explanation:
Section: Volume A
Explanation:
11.2.2.6 SWOT Analysis
This technique examines the project from each of the strengths, weaknesses, opportunities, and threats (SWOT) perspectives to increase the breadth of identified risks by including internally generated risks. The technique starts with identification of strengths and weaknesses of the organization, focusing on either the project, organization, or the business area in general. SWOT analysis then identifies any opportunities for the project that arise from organizational strengths, and any threats arising from organizational weaknesses. The analysis also examines the degree to which organizational strengths offset threats, as well as identifying opportunities that may serve to overcome weaknesses.
Process: 11.2 Identify Risks
Definition: The process of determining which risks may affect the project and documenting their characteristics.
Key Benefit: The key benefit of this process is the documentation of existing risks and the knowledge and ability it provides to the project team to anticipate events.
Inputs
1. Risk management plan
2. Cost management plan
3. Schedule management plan
4. Quality management plan
5. Human resource management plan
6. Scope baseline
7. Activity cost estimates
8. Activity duration estimates
9. Stakeholder register
10.Project documents
11.Procurement documents
12.Enterprise environmental factors
13.Organizational process assets
Tools & Techniques
1. Documentation reviews
2. Information gathering techniques
3. Checklist analysis
4. Assumptions analysis
5. Diagramming techniques
6. SWOT analysis
7. Expert judgment
Outputs
1. Risk register
11.2.3.1 Risk Register
The primary output from Identify Risks is the initial entry into the risk register. The risk register is a document in which the results of risk analysis and risk response planning are recorded. It contains the outcomes of the other risk management processes as they are conducted, resulting in an increase in the level and type of information contained in the risk register over time. The preparation of the risk register begins in the Identify Risks process with the following information, and then becomes available to other project management and risk management processes:
List of identified risks. The identified risks are described in as much detail as is reasonable. A structure for
describing risks using risk statements may be applied, for example, EVENT may occur causing IMPACT, or If CAUSE exists, EVENT may occur leading to EFFECT. In addition to the list of identified risks, the root causes of those risks may become more evident. These are the fundamental conditions or events that may give rise to one or more identified risks. They should be recorded and used to support future risk identification for this and other projects.
List of potential responses. Potential responses to a risk may sometimes be identified during the Identify
Risks process. These responses, if identified in this process, should be used as inputs to the Plan Risk Responses process.
NEW QUESTION # 277
What does a sender-receiver model accomplish?
- A. Describes the communications needed to manage the team or physical resources
- B. Defines the lead, support, and risk management team members for each type of activity
- C. Creates feedback loops that allow for interaction and participation, and removes barriers
- D. Outlines how stakeholders will be engaged through appropriate communication strategies
Answer: A
Explanation:
Section: Volume E
NEW QUESTION # 278
During project selection, which factor is most important?
- A. Schedule
- B. Internal business needs
- C. Budget
- D. Types of constraints
Answer: B
Explanation:
Section: Volume E
Explanation:
Projects are initiated by an entity external to the project such as a sponsor, program or project management offce (PMO) staff person, or a portfolio governing body chairperson or authorized representative. The project initiator or sponsor should be at the level that is appropriate to procure funding and commit resources to the project. Projects are initiated due to internal business needs or external influences. These needs or influences often trigger the creation of a needs analysis, feasibility study, business case, or description of the situation that the project will address. Chartering a project validates alignment of the project to the strategy and ongoing work of the organization. A project charter is not considered to be a contract, because there is no consideration or money promised or exchanged in its creation.
NEW QUESTION # 279
Budgets reserved for unplanned changes to project scope and cost are:
- A. Management reserves.
- B. Authorized budgets.
- C. Cost baselines.
- D. Contingency reserves.
Answer: A
NEW QUESTION # 280
The following is a network diagram for a project.
The shortest non-critical path for the project is how many days in duration?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: C
NEW QUESTION # 281
......
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