Project Management Framework Flashcards
7 cards from real CAPM practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Project Management Framework flashcards as text
In a matrix organization, a project manager typically has which level of authority?
Answer: Shared authority with functional managers
In a matrix organization, authority is shared between the project manager and functional managers, with the balance depending on whether it is weak, balanced, or strong matrix.
Which of the following is an example of an Organizational Process Asset (OPA)?
Answer: Lessons learned from a previously completed project
Lessons learned repositories are organizational process assets because they are internal knowledge and data accumulated from previous projects.
A project sponsor has asked the project manager to fast-track the project schedule. What does fast-tracking involve?
Answer: Performing activities in parallel that would normally be done sequentially
Fast-tracking is a schedule compression technique that overlaps activities normally done in sequence, which increases risk.
The triple constraint in traditional project management refers to which three competing demands?
Answer: Cost, Schedule, and Scope
The classic triple constraint consists of scope, cost (budget), and time (schedule), and any change to one dimension typically affects the others.
According to the PMBOK Guide, what is the purpose of the Monitoring and Controlling process group?
Answer: To track, review, and regulate the progress and performance of the project
Monitoring and Controlling tracks, reviews, and regulates project progress against the project management plan and initiates corrective action.
Which of the following BEST describes a project life cycle?
Answer: The series of phases a project passes through from inception to completion
A project life cycle is the series of phases a project passes through from its start to its completion, and the phases are defined by the organization or industry.
A project manager is working in a projectized organization. Which statement about this structure is TRUE?
Answer: The project manager has the greatest level of authority and team members are co-located under the project
In a projectized organization, the project manager has the highest authority, team members are often co-located, and the project is the primary organizational structure.