CAPM CAPM 3

Question 1

Which type of organizational structure gives the project manager the MOST authority?

Accepted Answer

Projectized

Answer

In a projectized organization, project managers have full authority over resources and project decisions.

Question 2

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?

Accepted Answer

$150,000

Answer

ETC = (BAC - EV) / CPI = ($200,000 - $80,000) / 0.80 = $150,000, where CPI = EV/AC = 0.80.

Question 3

What is the primary purpose of the project communications management plan?

Accepted Answer

Define who receives what information, when, and how

Answer

The communications management plan defines the information needs of stakeholders and how communications will be handled.

Question 4

Which estimating technique uses historical data from previous similar projects as a basis for estimating the current project?

Accepted Answer

Analogous estimating

Answer

Analogous estimating uses historical data from similar past projects and is typically less accurate but faster and cheaper.

Question 5

During project closure, which activity is MOST important for organizational learning?

Accepted Answer

Conducting lessons learned sessions

Answer

Lessons learned sessions capture knowledge from the project that can improve performance on future projects.

CAPM Practice Test

CAPM Practice Test

CAPM CAPM 3