CAPM Predictive Methodologies 3

Question 1

Which predictive scheduling technique calculates early start, early finish, late start, and late finish dates for each activity?

Accepted Answer

Critical Path Method

Answer

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?

Accepted Answer

Control changes to project deliverables and documentation

Answer

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?

Accepted Answer

Accountable

Answer

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?

Accepted Answer

Bottom-up estimate

Answer

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?

Accepted Answer

Integrated Change Control

Answer

All scope changes after baselining must be submitted as change requests and reviewed through Perform Integrated Change Control.

CAPM Practice Test