Exam Code: CAPM
Exam Name: Certified Associate in Project Management (PMI-100)
Updated: Apr 28, 2024
Q&As: 1283
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When paying a consultation fee to a technical expert, what type of contract is often used?
A. Time and materials (TandM)
B. Cost plus incentive fee (CPIF)
C. Fixed price incentive fee (FPIF)
D. Cost plus award fee (CPAF)
How can a project manager represent a contingency reserve in the schedule?
A. Additional weeks of work to account for unknown-unknowns risks
B. Task duration estimates of the best case scenarios
C. Additional duration estimates in response to identified risks that have been accepted
D. Milestones representing the completion of deliverables
A car company authorized a project to build more fuel-efficient cars in response to gasoline shortages. With which of the following strategic considerations was this project mainly concerned?
A. Market demand
B. Legal requirements
C. Strategic Opportunity
D. Technological advance
What type of planning is used where the work to be accomplished in the near term is planned in detail, while work in the future is planned at a higher level?
A. Finish-to-start planning
B. Rolling wave planning
C. Short term planning
D. Dependency determination
In complex projects/ initiating processes should be completed:
A. Within a work package.
B. In each phase of the project.
C. To estimate schedule constraints.
D. To estimate resource allocations.
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