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Certified Associate in Project Management (CAPM) Certification

Last Update 8 hours ago Total Questions : 748

The Certified Associate in Project Management (CAPM) Certification content is now fully updated, with all current exam questions added 8 hours ago. Deciding to include PMI-002 practice exam questions in your study plan goes far beyond basic test preparation.

You'll find that our PMI-002 exam questions frequently feature detailed scenarios and practical problem-solving exercises that directly mirror industry challenges. Engaging with these PMI-002 sample sets allows you to effectively manage your time and pace yourself, giving you the ability to finish any Certified Associate in Project Management (CAPM) Certification practice test comfortably within the allotted time.

Question # 166

You are the project manager and are considering recommending a project that costs $280,000; expected inflows are $10,000 per quarter for the first two years and then $25,000 per quarter thereafter. What is the payback period?

A.

48 months

B.

40 months

C.

36 months

D.

50 months

Question # 167

Duration estimates indicate:

A.

How many work periods an activity is expected to last.

B.

How many hours a resource will work on an activity.

C.

When an activity is likely to finish.

D.

When an activity is likely to start.

Question # 168

Which organization has set the de facto standards for project management techniques?

A.

PMBOK

B.

PMI

C.

PM0

D.

PMA

Question # 169

A response to a risk event that was not defined in advance of is occurrence is called a:

A.

Risk mitigation response.

B.

Workaround response.

C.

Corrective action response.

D.

Contingency response.

Question # 170

Which of the following relationships is rarely used in PDM (Precedence Diagramming Method)?

A.

Start-to-Finish

B.

Finish-to-Start

C.

Start-to-Start

D.

Finish-to-Finish

Question # 171

Most schedule simulations are based on some form of which of the following?

Question # 172

Estimate Costs ______________.

A.

Involves developing an estimate of the costs of the resources needed to complete project activities

B.

Includes identifying and considering various costing alternatives

C.

Involves allocating the overall estimates to individual work items

D.

Both A and c

Question # 173

Which of the following can be used to determine what work is included in each work package for each of your team members?

A.

None of the choices are correct

B.

WBS dictionary

C.

RBS

D.

Project scope statement

Question # 174

What percentage of sales is estimated to be the cost of non-quality?

A)0 3-5%

B. 12-20%

C. 30-40%

D. 6 " 8%

Question # 175

Deflection or transfer of a risk to another party is part of which of the following risk response categories?

A.

Mitigation

B.

Acceptance

C.

Avoidance

D.

Analysis

Question # 176

Which of the following are inputs to the Source Selection process?

A.

Evaluation criteria

B.

Organizational policies

C.

Procurement documents

D.

Both A and B

Question # 177

An example of risk mitigation is ____________.

A.

Using proven technology in the development of a product to lessen the probability that the product will not work

B.

Purchasing insurance

C.

Eliminating the cause of a risk

D.

Both A and B

Question # 178

Which of the following statements is false?

A.

Uncertainty and risk are greatest at the start of the project and lowest at the end.

B.

The amount at stake Is lowest at the end of the project and greatest at the start.

C.

Expected monetary value can be expressed as the product of the risk event probability and the risk event value.

D.

Opportunities are positive outcomes of risk.

Question # 179

Percent complete is calculated by ___________.

A.

ACWP/BAC

B.

BCWP-ACWP

C.

BCWP/BAC

D.

EAC/BAC

Question # 180

The concept of zero inventory is called ________.

A.

Six Sigma

B.

Continuous Improvement

C.

3ust in Time

D.

Zero Defects

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