CAPM Predictive Methodologies 5

Question 1

In a predictive lifecycle, which type of dependency is defined by contractual obligations or legal requirements?

Accepted Answer

External dependency

Answer

External dependencies involve relationships between project activities and non-project activities, often driven by contracts or regulations outside the team's control.

Question 2

A project manager is applying 'management by exception' in a predictive project. What does this mean?

Accepted Answer

Reporting only variances that exceed defined thresholds to leadership

Answer

Management by exception means escalating only issues that exceed pre-set variance thresholds, allowing the team to handle routine matters independently.

Question 3

Which predictive estimation technique uses a mathematical relationship between historical data and project variables to calculate estimates?

Accepted Answer

Parametric estimating

Answer

Parametric estimating uses statistical relationships (e.g., cost per unit, hours per function point) derived from historical data to produce more accurate estimates.

Question 4

During project execution in a predictive approach, the sponsor requests a significant scope addition. What should the project manager do first?

Accepted Answer

Submit a change request through Integrated Change Control

Answer

Any scope addition must first be documented as a change request and evaluated through Integrated Change Control before any work begins.

Question 5

In predictive project scheduling, what is a milestone?

Accepted Answer

A significant point or event in the project with zero duration

Answer

A milestone represents a significant event or achievement in the project and has a duration of zero because it marks a point in time, not a span of work.

CAPM Practice Test

CAPM Practice Test

CAPM Predictive Methodologies 5