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CAPM Exam Dumps - Certified Associate in Project Management (CAPM)

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Question # 153

What is one of the objectives of Project Risk Management?

A.

Decrease the probability and impact of an event on project objectives.

B.

Distinguish between a project risk and a project issue so that a risk mitigation plan can be put in place.

C.

Increase the probability and impact of positive events.

D.

Removal of project risk.

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Question # 154

Which type of contract is most commonly used by buying organizations because the price for goods is set at the outset and is not subject to change unless the scope of work changes?

A.

Fixed Price with Economic Price Adjustments Contract (FP-EPA)

B.

Cost-Reimbursable Contract (CR)

C.

Firm-Fixed -Price Contract (FFP)

D.

Fixed-Price-Incentive-Fee Contract (FPIF)

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Question # 155

Which enterprise environmental factors are considered during Estimate Costs?

A.

Market conditions and published commercial information

B.

Company structure and market conditions

C.

Commercial information and company structure

D.

Existing human resources and market conditions

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Question # 156

Projects can be divided into phases to provide better management control. Collectively, what are these phases known as?

A.

Complete project phase

B.

Project life

C.

The project life cycle

D.

Project cycle

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Question # 157

Which process involves documenting the actions necessary to define, prepare, integrate, and coordinate all subsidiary plans?

A.

Collect Requirements

B.

Direct and Manage Project Execution

C.

Monitor and Control Project Work

D.

Develop Project Management Plan

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Question # 158

Which schedule compression technique has phases or activities done in parallel that would normally have been done sequentially?

A.

Crashing

B.

Fast tracking

C.

Leads and lags adjustment

D.

Parallel task development

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Question # 159

What cost control technique is used to compare actual project performance to planned or expected performance?

A.

Cost aggregation

B.

Trend analysis

C.

Forecasting

D.

Variance analysis

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Question # 160

Which defines the portion of work included in a contract for items being purchased or acquired?

A.

Procurement management plan

B.

Evaluation criteria

C.

Work breakdown structure

D.

Procurement statement of work

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