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PMI-100 Exam Dumps - Certified Associate in Project Management (CAPM)®

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Question # 65

Under which type of contract does the seller receive reimbursement for all allowable costs for performing contract work, as well as a fixed-fee payment calculated as a percentage of the initial estimated project costs?

A.

Cost Plus Fixed Fee Contract (CPFF)

B.

Cost Plus Incentive Fee Contract (CPIF)

C.

Firm Fixed Price Contract (FFP)

D.

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

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Question # 66

Using the three-point estimating technique, if the most likely duration is four months, the optimistic duration is two months, and the pessimistic duration is one year, how many months is the expected activity duration?

A.

Two

B.

Four

C.

Five

D.

Twelve

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Question # 67

A collection of projects managed as a group to achieve strategic objectives is referred to as a:

A.

plan

B.

process

C.

program

D.

portfolio

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Question # 68

Which is a tool or technique used in Define Scope?

A.

Templates, forms, and standards

B.

Change requests

C.

Product analysis

D.

Project assumptions

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Question # 69

Which is an example of Administer Procurements?

A.

Negotiating the contract

B.

Authorizing contractor work

C.

Developing the statement of work

D.

Establishing evaluation criteria

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Question # 70

Conflict should be best addressed in which manner?

A.

Early, in private, using a direct, collaborative approach

B.

Early, in public, using an indirect, collaborative approach

C.

Early, in private, using an indirect, cooperative approach

D.

As late as possible, in public, using a direct, confrontational approach

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Question # 71

What is the term assigned to products or services having the same functional use but different technical characteristics?

A.

Scope

B.

Quality

C.

Specification

D.

Grade

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Question # 72

What is the definition of Direct and Manage Project Execution?

A.

Integrating all planned activities

B.

Performing the activities included in the plan

C.

Developing and maintaining the plan

D.

Execution of deliverables

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