CAPM Predictive Methodologies 3 — Questions and Answers
Question 1: Which predictive scheduling technique calculates early start, early finish, late start, and late finish dates for each activity?
- Resource leveling
- Critical Path Method (Correct answer)
- Monte Carlo simulation
- Parametric estimating
Correct answer: Critical Path Method
The Critical Path Method (CPM) performs forward and backward passes to calculate the four dates and identify float for each activity.
Question 2: In predictive project management, what is the purpose of a Configuration Management System?
- Track team member performance
- Control changes to project deliverables and documentation (Correct answer)
- Manage vendor contracts
- Monitor project risks
Correct answer: Control changes to project deliverables and documentation
Configuration Management Systems track and control changes to product characteristics, ensuring only approved changes are implemented.
Question 3: A project manager is creating a RACI chart. What does the 'A' stand for?
- Available
- Accountable (Correct answer)
- Assigned
- Authorized
Correct answer: Accountable
In a RACI chart, 'A' stands for Accountable — the single person who is ultimately answerable for the correct completion of the task.
Question 4: Which type of cost estimate in predictive projects is typically the most accurate?
- Rough Order of Magnitude (ROM)
- Analogous estimate
- Parametric estimate
- Bottom-up estimate (Correct answer)
Correct answer: Bottom-up estimate
Bottom-up estimating aggregates estimates for individual work packages and is the most accurate but also most time-consuming technique.
Question 5: In a predictive lifecycle, scope changes after the baseline is set must go through which process?
- Risk management
- Integrated Change Control (Correct answer)
- Quality assurance
- Procurement planning
Correct answer: Integrated Change Control
All scope changes after baselining must be submitted as change requests and reviewed through Perform Integrated Change Control.
Question 6: A project team is using a fishbone diagram during a quality management meeting. What is its primary purpose?
- Track project milestones
- Identify root causes of a defect or problem (Correct answer)
- Display project schedule
- Assign team responsibilities
Correct answer: Identify root causes of a defect or problem
A fishbone (Ishikawa or cause-and-effect) diagram visually maps potential causes of a problem to identify root causes.
Question 7: Which predictive document links each requirement to its source and traces it through the project lifecycle?
- Scope Management Plan
- Requirements Traceability Matrix (Correct answer)
- Project Charter
- Work Breakdown Structure
Correct answer: Requirements Traceability Matrix
The Requirements Traceability Matrix links requirements from origin through design, build, and testing to ensure all are addressed.
CAPM Predictive Methodologies 3
Which predictive scheduling technique calculates early start, early finish, late start, and late finish dates for each activity?