CAPM Predictive Methodologies 2 — Questions and Answers
Question 1: In predictive project management, which document formally authorizes a project and names the project manager?
- Project Management Plan
- Project Charter (Correct answer)
- Scope Statement
- Requirements Traceability Matrix
Correct answer: Project Charter
The Project Charter formally authorizes the project's existence and grants the project manager authority to apply resources.
Question 2: A project manager is using a predictive approach and needs to decompose deliverables into smaller, manageable components. Which tool is being used?
- Responsibility Assignment Matrix
- Work Breakdown Structure (Correct answer)
- Network Diagram
- Gantt Chart
Correct answer: Work Breakdown Structure
The Work Breakdown Structure (WBS) decomposes project scope into smaller, manageable work packages.
Question 3: In a predictive lifecycle, which process group ensures that project activities are completed on time and within scope?
- Initiating
- Planning
- Monitoring and Controlling (Correct answer)
- Closing
Correct answer: Monitoring and Controlling
Monitoring and Controlling tracks, reviews, and regulates progress and performance to keep the project on plan.
Question 4: A project is using the critical path method. Activity A (5 days) must finish before Activity B (3 days) starts. What is the minimum project duration?
- 3 days
- 5 days
- 8 days (Correct answer)
- 15 days
Correct answer: 8 days
In a finish-to-start dependency, Activity B cannot start until Activity A finishes, so the total is 5 + 3 = 8 days.
Question 5: Which predictive planning artifact captures the approved version of the scope, schedule, and cost baselines?
- Project Charter
- Project Management Plan (Correct answer)
- Work Performance Report
- Change Log
Correct answer: Project Management Plan
The Project Management Plan contains the three baselines (scope, schedule, cost) that are used to measure project performance.
Question 6: In the predictive approach, 'gold plating' refers to:
- Adding extra budget reserves
- Delivering more than what was agreed in scope (Correct answer)
- Using premium-quality materials
- Performing additional risk assessments
Correct answer: Delivering more than what was agreed in scope
Gold plating means adding features or enhancements beyond the agreed scope without authorization, which should be avoided.
Question 7: A project manager notices the project's schedule performance index (SPI) is 0.85. What does this indicate?
- The project is 15% ahead of schedule
- The project is progressing at 85% of the planned rate (Correct answer)
- The project is 15% over budget
- The project will finish 15 days late
Correct answer: The project is progressing at 85% of the planned rate
An SPI of 0.85 means the project is accomplishing only 85 cents of planned work for every dollar of scheduled work, indicating a schedule delay.
CAPM Predictive Methodologies 2
In predictive project management, which document formally authorizes a project and names the project manager?