CAPM Flashcards
7 cards from real CAPM practice questions. Tap to flip, then mark Knew It or Still Learning โ missed cards come back until you master them.
Read the first 7 CAPM flashcards as text
Which type of organizational structure gives the project manager the MOST authority?
Answer: Projectized
In a projectized organization, project managers have full authority over resources and project decisions.
A project has a Budget at Completion (BAC) of $200,000, Earned Value (EV) of $80,000, and Actual Cost (AC) of $100,000. What is the Estimate to Complete (ETC) using the typical ETC formula?
Answer: $150,000
ETC = (BAC - EV) / CPI = ($200,000 - $80,000) / 0.80 = $150,000, where CPI = EV/AC = 0.80.
What is the primary purpose of the project communications management plan?
Answer: Define who receives what information, when, and how
The communications management plan defines the information needs of stakeholders and how communications will be handled.
Which estimating technique uses historical data from previous similar projects as a basis for estimating the current project?
Answer: Analogous estimating
Analogous estimating uses historical data from similar past projects and is typically less accurate but faster and cheaper.
During project closure, which activity is MOST important for organizational learning?
Answer: Conducting lessons learned sessions
Lessons learned sessions capture knowledge from the project that can improve performance on future projects.
A project manager wants to show the relationship between two variables to determine if they are correlated. Which quality tool should be used?
Answer: Scatter diagram
A scatter diagram plots two variables to show if a relationship or correlation exists between them.
The critical path in a project schedule represents:
Answer: The longest path through the network that determines project duration
The critical path is the longest duration path through the project network, which sets the earliest possible completion date.