CAPM Project Management Framework 2 — Questions and Answers
Question 1: Which document formally authorizes a project and gives the project manager authority to apply organizational resources?
- Project Management Plan
- Project Charter (Correct answer)
- Statement of Work
- Business Case
Correct answer: Project Charter
The Project Charter formally authorizes the project and grants the project manager authority to use organizational resources.
Question 2: A project is considered BEST described by which of the following characteristics?
- Ongoing operations with no defined end date
- Temporary endeavor undertaken to create a unique product, service, or result (Correct answer)
- Repetitive work performed by functional departments
- A program consisting of related projects managed in a coordinated way
Correct answer: Temporary endeavor undertaken to create a unique product, service, or result
PMI defines a project as a temporary endeavor undertaken to create a unique product, service, or result.
Question 3: During which process group does the project manager spend the most time and consume the most resources?
- Initiating
- Planning
- Executing (Correct answer)
- Closing
Correct answer: Executing
The Executing process group typically consumes the most time and resources because this is when the project work is actually performed.
Question 4: What is the term for all work required, and ONLY the work required, to complete the project successfully?
- Work Breakdown Structure
- Project Scope (Correct answer)
- Product Scope
- Requirements Traceability
Correct answer: Project Scope
Project scope is defined as all the work required, and only the work required, to complete the project successfully.
Question 5: Which of the following BEST describes a program in the context of PMI's framework?
- A single large project with many work packages
- A group of related projects managed in a coordinated way to obtain benefits not available from managing them individually (Correct answer)
- A portfolio of unrelated projects overseen by a PMO
- A phase within a project life cycle
Correct answer: A group of related projects managed in a coordinated way to obtain benefits not available from managing them individually
A program is a group of related projects managed in a coordinated way to obtain benefits and control not available from managing them individually.
Question 6: An enterprise environmental factor (EEF) that MOST affects a project manager's flexibility would be:
- Templates from a previous similar project
- Organizational policies and procedures
- Government regulations and industry standards (Correct answer)
- Historical information from completed projects
Correct answer: Government regulations and industry standards
Government regulations and industry standards are external EEFs that constrain or direct how a project must be managed, limiting the PM's flexibility.
Question 7: Which statement BEST describes the relationship between project management and operations management?
- They are identical processes with the same goals
- Project management is temporary and unique; operations management is ongoing and repetitive (Correct answer)
- Operations management always follows project management in an organization
- Project management focuses on cost while operations focuses on schedule
Correct answer: Project management is temporary and unique; operations management is ongoing and repetitive
Project management handles temporary, unique work while operations management handles ongoing, repetitive work to sustain the business.
CAPM Project Management Framework 2
Which document formally authorizes a project and gives the project manager authority to apply organizational resources?