CAPM Project Management Framework 3 — Questions and Answers
Question 1: In a matrix organization, a project manager typically has which level of authority?
- Full authority over all project resources
- No authority; the functional manager controls all decisions
- Shared authority with functional managers (Correct answer)
- Authority only over budget, not people
Correct answer: Shared authority with functional managers
In a matrix organization, authority is shared between the project manager and functional managers, with the balance depending on whether it is weak, balanced, or strong matrix.
Question 2: Which of the following is an example of an Organizational Process Asset (OPA)?
- Market conditions affecting the project
- Government regulations the project must follow
- Lessons learned from a previously completed project (Correct answer)
- The organizational culture and management style
Correct answer: Lessons learned from a previously completed project
Lessons learned repositories are organizational process assets because they are internal knowledge and data accumulated from previous projects.
Question 3: A project sponsor has asked the project manager to fast-track the project schedule. What does fast-tracking involve?
- Adding more resources to critical path activities to shorten their duration
- Performing activities in parallel that would normally be done sequentially (Correct answer)
- Cutting scope to meet the deadline
- Outsourcing non-critical activities to vendors
Correct answer: Performing activities in parallel that would normally be done sequentially
Fast-tracking is a schedule compression technique that overlaps activities normally done in sequence, which increases risk.
Question 4: The triple constraint in traditional project management refers to which three competing demands?
- Scope, Quality, and Risk
- Cost, Schedule, and Scope (Correct answer)
- Time, Resources, and Procurement
- Budget, Risk, and Stakeholders
Correct answer: Cost, Schedule, and Scope
The classic triple constraint consists of scope, cost (budget), and time (schedule), and any change to one dimension typically affects the others.
Question 5: According to the PMBOK Guide, what is the purpose of the Monitoring and Controlling process group?
- To define the project scope and create the project management plan
- To track, review, and regulate the progress and performance of the project (Correct answer)
- To finalize all project activities and formally close the project
- To identify stakeholders and authorize the project
Correct answer: To track, review, and regulate the progress and performance of the project
Monitoring and Controlling tracks, reviews, and regulates project progress against the project management plan and initiates corrective action.
Question 6: Which of the following BEST describes a project life cycle?
- The five process groups applied to every project
- The series of phases a project passes through from inception to completion (Correct answer)
- The schedule baseline approved by the project sponsor
- The iterative sprints used in agile projects only
Correct answer: The series of phases a project passes through from inception to completion
A project life cycle is the series of phases a project passes through from its start to its completion, and the phases are defined by the organization or industry.
Question 7: A project manager is working in a projectized organization. Which statement about this structure is TRUE?
- The project manager shares authority equally with functional managers
- Team members are assigned to multiple projects simultaneously with no dedicated team
- The project manager has the greatest level of authority and team members are co-located under the project (Correct answer)
- Resources are owned by functional departments and loaned to projects
Correct answer: The project manager has the greatest level of authority and team members are co-located under the project
In a projectized organization, the project manager has the highest authority, team members are often co-located, and the project is the primary organizational structure.
CAPM Project Management Framework 3
In a matrix organization, a project manager typically has which level of authority?