CAPM Project Management Fundamentals and Core Concepts Practice Test 5 — 15 Questions

Question 1

A construction project is underway. The project manager receives a report that the concrete supplier will deliver late, causing a two-week delay. The project has no schedule reserve. What is the best course of action?

Accepted Answer

Analyze the impact on the critical path and evaluate options. Option D is correct because the project manager should first analyze the impact on the critical path before deciding on a response. The other options are premature without analysis.

Answer

Inform the sponsor and request a schedule extension

Answer

Immediately crash the schedule by adding resources to critical path activities

Answer

Fast-track the remaining activities to recover the delay

Question 2

A project manager in a weak matrix organization is having difficulty getting team members to complete project tasks because they prioritize their functional work. Which type of power should the project manager primarily rely on to influence the team?

Accepted Answer

Expert power based on knowledge. Option A is correct because in a weak matrix, the project manager has little formal authority, so expert power (knowledge and expertise) is most effective. Formal power (option A in original) is limited, and reward/punitive power may not be available or may damage relationships.

Answer

Punitive power by threatening negative consequences

Answer

Reward power by offering bonuses

Answer

Formal power derived from position

Question 3

Which of the following is a characteristic of the project life cycle?

Accepted Answer

Projects are temporary and unique. Option C is correct because projects are temporary and unique. Option A is not always true (some projects have indefinite end?), B phases can overlap, D describes operations.

Answer

Project phases are always sequential

Answer

Projects produce the same product repeatedly

Answer

Projects have a fixed end date

Question 4

A project manager is estimating activity durations. The team provides three estimates: optimistic 10 days, pessimistic 20 days, most likely 14 days. Using the PERT beta distribution, what is the expected duration?

Accepted Answer

14.33 days. Option D is correct. PERT expected = (O + 4M + P)/6 = (10 + 4*14 + 20)/6 = (10 + 56 + 20)/6 = 86/6 = 14.33 days.

Answer

14 days

Answer

14.67 days

Answer

15 days

Question 5

During a project, the team identifies a risk that could cause a 20% increase in cost. The project manager decides to accept the risk because the probability is low. What risk response strategy is being used?

Accepted Answer

Accept. Option C is correct. Accept means acknowledging the risk and taking no proactive action, though contingency reserves may be set aside. Avoid changes the plan to eliminate the risk, transfer shifts the impact to a third party, and mitigate reduces probability or impact.

Answer

Transfer

Answer

Avoid

Answer

Mitigate

Question 6

A project has a cost baseline of $100,000. At the end of month 2, the planned value is $30,000, and the actual cost is $40,000. If the earned value is $25,000, what is the cost variance?

Accepted Answer

-$15,000. Option A is correct. Cost variance (CV) = Earned Value (EV) - Actual Cost (AC) = $25,000 - $40,000 = -$15,000.

Answer

$15,000

Answer

-$10,000

Answer

$10,000

Question 7

A project manager wants to ensure that all project documents are properly managed and approved. Which process group focuses on controlling changes to project documents?

Accepted Answer

Monitoring and Controlling. Option D is correct. The Monitoring and Controlling process group includes the perform integrated change control process, which manages change requests and updates to project documents.

Answer

Initiating

Answer

Planning

Answer

Executing

Question 8

A project is being executed in a highly regulated industry. The quality management plan requires extensive documentation. During a quality audit, the auditor finds that some test results are missing. What is the MOST appropriate action for the project manager?

Accepted Answer

Log the issue in the issue log and develop a corrective action. Option D is correct. The missing test results represent an issue that should be logged in the issue log, and corrective action should be planned to resolve it. Option A might be part of the corrective action but not the immediate first step. Options B and C are premature.

Answer

Issue a change request to update the quality management plan

Answer

Request that the team repeat the tests immediately

Answer

Update the lessons learned register

Question 9

Which TWO of the following are generally true about projects versus operations? (Choose two)

Accepted Answer

Operations produce the same product or service repeatedly. Options C and D are correct. Projects are temporary with a defined end date, while operations are ongoing and produce the same product or service repeatedly. A and B are reversed, and E is not accurate.

Answer

Projects are ongoing and repetitive

Answer

Projects are focused on sustaining the business

Answer

Operations are temporary and unique

Question 10

Which THREE of the following are recognized process groups in the PMBOK Guide? (Choose three)

Accepted Answer

Executing. Options A, B, and D are correct. The PMBOK Guide defines five process groups: Initiating, Planning, Executing, Monitoring and Controlling, and Closing. Analyzing and Reviewing are not process groups.

Answer

Reviewing

Answer

Analyzing

Question 11

Which TWO of the following are benefits of using a project management plan? (Choose two)

Accepted Answer

It defines how the project will be executed, monitored, and controlled. Options B and D are correct. The project management plan provides a baseline for measuring performance and defines how the project will be executed, monitored, and controlled. Options A and C are unrealistic, and E is false because stakeholder communication is separate.

Answer

It replaces the need for stakeholder communication

Answer

It guarantees project success

Answer

It eliminates all project risks

Question 12

Refer to the exhibit. What is the cost performance index (CPI)?

Accepted Answer

0.83. Option C is correct. CPI = EV/AC = 5000/6000 = 0.83. Options A, B, and D are incorrect calculations.

Answer

0.91

Answer

1.20

Answer

1.10

Question 13

Refer to the exhibit. What is the duration of the critical path?

Accepted Answer

15 days. Option A is correct. The critical path is A -> C -> D with a total duration of 5 + 4 + 6 = 15 days. The other path A -> B -> D is 5+3+6=14 days.

Answer

9 days

Answer

14 days

Answer

12 days

Question 14

Refer to the exhibit. Which risk has the highest expected monetary value?

Accepted Answer

R2. Option B is correct. EMV for R1 = 0.3 * $40,000 = $12,000; R2 = 0.6 * $50,000 = $30,000; R3 = 0.2 * $100,000 = $20,000. R2 has the highest EMV.

Answer

R1

Answer

R3

Answer

All have equal EMV

Question 15

During project execution, a key stakeholder requests a new feature that was not included in the approved scope. What should the project manager do first?

Accepted Answer

Perform a change impact analysis. Option B is correct because the project manager should assess the impact of the change on the project constraints before taking any action. Option A is wrong because implementing without analysis violates change control. Option C is wrong because rejecting without analysis is not proactive. Option D is wrong because the sponsor may not be involved in day-to-day changes.

Answer

Escalate to the project sponsor for decision

Answer

Inform the stakeholder that the scope is frozen

Answer

Add the feature to the next iteration