CAPM PMI Exam Questions and Free Practice Test

Question 115

- (Exam Topic 1)
Scope, schedule, and cost parameters are integrated in the:

A. Performance measurement baseline.

B. Analysis of project forecasts,

C. Summary of changes approved in a period,

D. Analysis of past performance.

Correct Answer:A

Question 116

- (Exam Topic 5)
Under which type of contract does the seller receive reimbursement for all allowable costs for performing contract work, as well as a fixed-fee payment calculated as a percentage of the initial estimated project costs?

A. Cost Plus Fixed Fee Contract (CPFF)

B. Cost Plus Incentive Fee Contract (CPIF)

C. Firm Fixed Price Contract (FFP)

D. Fixed Price with Economic Price Adjustment Contract (FP-EPA)

Correct Answer:A

Question 117

- (Exam Topic 2)
In complex projects/ initiating processes should be completed:

A. Within a work package.

B. In each phase of the project.

C. To estimate schedule constraints.

D. To estimate resource allocations.

Correct Answer:B

Question 118

- (Exam Topic 4)
The risk management team of a software project has decided that due to the lack of adequate talent in the company, development of a specific part of the system is under high risk, so the team has decided to outsource it. This is an example of which risk response?

A. Transfer

B. Share

C. Avoid

D. Accept

Correct Answer:A

Question 119

- (Exam Topic 4)
Who provides the inputs for the original estimates of activity durations for tasks on the project plan?

A. Project sponsor

B. Project manager

C. Person responsible for project scheduling

D. Person who is most familiar with the task

Correct Answer:D

Question 120

- (Exam Topic 6)
Which tools and techniques will a project manager use to develop a project charter?

A. Project manager experience, expert judgment, scope statement, and meetings

B. Lessons learned databas

C. Interpersonal and team skills, cost baseline, and meetings

D. Expert judgment, data gatherin

E. scope statement, schedule baseline, and meetings

F. Expert judgment, data gatherin

G. interpersonal and team skills, and meetings

Correct Answer:D

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