The PMI Certified Associate in Project Management (CAPM®) is a project management qualification for entry-level professionals. This course is for people who have never worked on a project before. The first step toward project management success is to take the CAPM® online assessment test.
The CAPM practice tests that follow are accurate replicas of the real deal. You can take this CAPM sample test as many times as you want to get a sense of where you stand after each module. Right now, give it a shot! You can transform the way you learn by studying for the CAPM exam.
Further Reading:
FREE and Updated CAPM Exam Practice Test 1 | Assess Your CAPM Exam Preparation
FREE and Updated CAPM Exam Practice Test 2 | Assess Your CAPM Exam Preparation
FREE and Updated CAPM Exam Practice Test 3 | Assess Your CAPM Exam Preparation
31. You are working for publication house as a manager. Your organization specializes in bi-weekly publication on business. The senior management decided that every purchase of your publication will be considered as a project and there be a segregation based on the revenue being generated. For every project, as defined by your senior management team, there will be separate personnel assigned in different locations. Which one of the following can be considered MOST appropriate for your organization?
A. It is a project-based organization where each project is handled bi-weekly
B. It is an operations-based organization where each project is an operation
C. It is a portfolio-based organization with specialization in business portfolio
D. As each one of the publications is a temporary endeavor, it is published bi-weekly and different personnel are assigned, hence it can be treated as a project.
Answer: B
Explanation
Newspaper publications are repetitive and hence they will fall under the category of operations-based management.
32. A SPI of value 0.8 indicates that:
A. We are losing money on the project
B. We are well within budget for the project
C. For every 1 day of effort, we are getting 0.8 day of effort in return
D. For every 1 day of effort, 1.8 days of return is given
Answer: C
Explanation
C is the correct answer. A and B are related to cost and SPI has nothing do with cost. When it is 0.8, it means we are under performing in terms of schedule.
33. A team member while doing a 3-point estimate for activity found out the following. All units are in days. Optimistic Estimate = 3 Pessimistic Estimate = 8 Moderate / Medium Estimate = 5 What is the standard deviation for this activity?
A. 1/3
B. 1/2
C. 5/6
D. 1/6
Answer: C
Explanation
We are not calculating the 3 point estimate or PERT here. Rather it is the standard deviation, which is: (Pessimistic – Optimistic) / 6 = (8 – 3)/6 = 5/6
34. Scope Baseline is an output of which knowledge area?
A. Scope Control
B. Scope Verification
C. Scope Planning
D. Create WBS
Answer: D
Explanation
Scope baseline is created in the Create WBS process.
35. Who formally accepts a product?
A. Customer
B. Sponsor
C. Quality Team
D. Project Manager
Answer: A
Explanation
Only a customer formally accepts a product. A customer can be a sponsor as well. However, as customer is mentioned it is the correct choice. Hence, A is the correct choice.
36. A commercial auto component developer contacts a 3rd party developer to develop certain specialized components. He contacts the firm and informs that his organization will be providing the material for development as well as the services plus a fixed fee for profit. What kind of contract is it?
A. Time and Material
B. Fixed Price
C. Cost Reimbursable
D. Proprietary
Answer: C
Explanation
As the material will be provided by the organization and also cost along with a fixed fee will be provided, it is a Cost Reimbursable contract. Hence, Choice – C is the correct answer
37. Sarah is working on a multi-million-dollar contract event management. It will take 4 months to complete. During one of the planning processes, Sarah found out that a significant threat exists to her project from one her contractors who may go bankrupt. If that situation arrives, the project will be elongated by 2 more months. Considering it, Sarah decides to be in touch with another contractor who can provide the needed materials. This is an example of:
A. Unethical practice
B. Risk Transfer
C. Risk Acceptance
D. Risk Mitigation
Answer: D
Explanation
Clearly, Sarah has not terminated the contract based on the speculation of the contractor going bankrupt. However, she has decided to keep her options open by remaining in touch with another vendor. This way the risk of the project getting delayed is minimized. This is a form of Risk Mitigation. Hence, Choice – D is the best answer.
38. The difference between Administrative Closure and Contract Closure is
A. Contract closure happens first and then administrative closure
B. Administrative closure happens first and then contract closure
C. Both can happen simultaneously
D. Contract closure is done by the seller whereas administrative closure is done by the buyer
Answer: A
Explanation
Contract closure precedes Admin closure. Choice A is correct.
39. Which one of the following helps the stakeholders to check whether their complaints, suggestions, queries etc are actively tracked and assigned?
A. Suggestion Box
B. Issue Logs
C. Project Management Plan
D. Communication Management Plan
Answer: B
Explanation
Issue logs are used for complaints, suggestions etc. Choice B is correct.
40. Slack in a project refers to which one of the following?
A. The difference between actual cost and the budgeted cost
B. The time lag between a project communication and response for it
C. The time for which an activity can be delayed without delaying the critical path
D. The time for which an activity can be delayed without delaying the subsequent activity
Answer: C
Explanation
Slack or Float or Lag informs on the time for which an activity can be delayed without delaying the critical path. Hence, Choice – C is the correct answer. Please note that Float and Free float are two different terms.
Conclusion
CAPM® certification is now widely accepted as not just the international standard for project managers, but also as a valuable credential for most industries and organizations around the world. According to a study conducted by the Project Management Institute (PMI), project management would generate 15.7 million new jobs by 2020. The CAPM® certification will distinguish you from the competition in the employment market. Pass your CAPM® with SPOTO 100% real exam dumps.
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