CAPM Project Management Framework 5

Question 1

Which of the following is the BEST example of a deliverable in a construction project?

Accepted Answer

A completed building foundation approved by the inspector

Answer

A deliverable is a unique, verifiable product, result, or capability; a completed, inspected foundation is a tangible project deliverable.

Question 2

What is the key difference between a project constraint and a project assumption?

Accepted Answer

Constraints are limiting factors; assumptions are factors held to be true without proof

Answer

Constraints limit the project manager's options (e.g., fixed budget), while assumptions are factors believed to be true for planning purposes but not confirmed.

Question 3

A project manager notices that the schedule variance (SV) is negative. This indicates:

Accepted Answer

The project is behind schedule

Answer

A negative Schedule Variance (SV = EV − PV) means the Earned Value is less than Planned Value, indicating the project is behind schedule.

Question 4

Which process group is responsible for obtaining final acceptance of project deliverables from the customer or sponsor?

Accepted Answer

Closing

Answer

The Closing process group includes obtaining formal acceptance of deliverables and formally closing the project or phase.

Question 5

A PMO that provides templates, best practices, and training but does not control projects directly is BEST described as which type?

Accepted Answer

Supportive PMO

Answer

A Supportive PMO provides templates, best practices, training, and access to information and lessons learned but has low control over projects.

CAPM Practice Test

CAPM Practice Test

CAPM Project Management Framework 5