CAPM CAPM 5

Question 1

A project manager notices that team morale has dropped significantly after a major scope change. According to Maslow's hierarchy of needs, which level is MOST likely affected?

Accepted Answer

Esteem needs

Answer

Scope changes that reduce team members' sense of contribution or recognition impact esteem needs such as achievement and respect.

Question 2

What is the BEST description of progressive elaboration in project management?

Accepted Answer

Adding more detail to the project plan as more information becomes available

Answer

Progressive elaboration is the process of continuously improving and detailing a project plan as more information becomes available.

Question 3

Which type of contract places the MOST financial risk on the buyer?

Accepted Answer

Cost-plus-fixed-fee (CPFF)

Answer

Cost-plus contracts place the most risk on the buyer because they reimburse all allowable costs and add a fee, regardless of final cost.

Question 4

A project manager is using the Monte Carlo technique. What is this technique used for?

Accepted Answer

Simulating project outcomes to analyze cost and schedule risk

Answer

Monte Carlo simulation runs thousands of iterations with randomized inputs to predict the probability distribution of project outcomes.

Question 5

When should a project manager conduct a stakeholder analysis?

Accepted Answer

Early and repeatedly throughout the project

Answer

Stakeholder analysis should be conducted early and revisited throughout the project as stakeholders and their interests can change.

CAPM Practice Test

CAPM Practice Test

CAPM CAPM 5