CAPM Quick Quiz — 10 Questions

Question 1

Using the risk register entry shown, what is the expected monetary value (EMV) of this risk?

Accepted Answer

$40,000. $40,000. EMV = Probability * Impact = 0.8 * $50,000 = $40,000. Option A ($10,000) incorrectly uses a probability of 0.2. Option B ($50,000) uses the impact alone without probability. Option C ($80,000) is likely from multiplying 0.8 by $100,000 or a calculation error.

Answer

$10,000

Answer

$50,000

Answer

$80,000

Question 2

Which TWO of the following are examples of project constraints? (Choose two.)

Accepted Answer

Scope. Scope is a classic project constraint because it defines the boundaries of what the project will deliver. Any change to scope directly impacts time, cost, and quality, making it one of the triple constraints in project management.

Answer

Risk

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Work package

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Resource calendar

Question 3

A project manager is estimating activity durations for a software development project. The team has historical data from similar projects, but the current project involves new technology that could cause delays. Which estimating technique should the project manager use to account for uncertainty?

Accepted Answer

Three-point estimating. Three-point estimating (C) is correct because it explicitly accounts for uncertainty by using optimistic, most likely, and pessimistic estimates. The new technology introduces unknown risks, making the triangular or PERT distribution ideal for modeling the potential delay range.

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Parametric estimating

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Analogous estimating

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Bottom-up estimating

Question 4

In a project to implement a new customer relationship management (CRM) system, the business analyst needs to understand the current workflows and identify areas for improvement. Which technique should be used?

Accepted Answer

Process modeling. Process modeling is the correct technique because it visually maps out the current workflows, showing the sequence of activities, decision points, and handoffs in the CRM system. This allows the business analyst to identify inefficiencies, bottlenecks, and areas for improvement in the existing processes before designing the new system.

Answer

Document analysis

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Benchmarking

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Root cause analysis

Question 5

A project is in the monitoring and controlling phase. The project manager calculates the cost performance index (CPI) as 0.8 and the schedule performance index (SPI) as 1.0. The project budget is $500,000, and the actual costs to date are $200,000. The project is behind schedule? Actually SPI=1.0 means on schedule. But the question: What does this indicate about the project performance?

Accepted Answer

The project is on schedule but over budget. CPI < 1 indicates the project is over budget relative to work performed. SPI = 1 indicates the project is on schedule. Therefore, the project is on schedule but over budget, which corresponds to option C. Option A is incorrect because CPI < 1 means over budget, not under. Option B is incorrect because SPI = 1 means on schedule, not behind. Option D is incorrect because CPI < 1 means over budget, not under.

Answer

The project is under budget and ahead of schedule

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The project is both over budget and behind schedule

Answer

The project is behind schedule but under budget

Question 6

A business analyst is using a requirements management tool to store and track requirements. During a review, the BA notices that two stakeholders have conflicting requirements for the same system feature. What is the best approach to resolve this conflict?

Accepted Answer

Facilitate a meeting with both stakeholders to discuss and reach a consensus.. The business analyst's role includes facilitating stakeholder collaboration to resolve conflicts, ensuring that requirements are aligned with business needs. Using a requirements management tool to track conflicting requirements is insufficient; the BA must actively mediate a discussion to reach consensus, as this is a core competency in business analysis frameworks like the BABOK.

Answer

Choose the requirement from the stakeholder with higher authority.

Answer

Document both requirements and let the development team decide.

Answer

Escalate the conflict to the project sponsor immediately.

Question 7

A project team is struggling with unclear roles and responsibilities, leading to duplicated work and missed tasks. Which document should the project manager create or update to resolve this issue?

Accepted Answer

Responsibility assignment matrix (RAM) in RACI format. The Responsibility Assignment Matrix (RAM), particularly in RACI format, is the correct document to resolve unclear roles and responsibilities because it explicitly maps project tasks to team members, defining who is Responsible, Accountable, Consulted, and Informed. This eliminates ambiguity, prevents duplicated work, and ensures no tasks are missed by providing a clear, traceable assignment of duties.

Answer

Work breakdown structure (WBS)

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Organizational breakdown structure (OBS)

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Risk register

Question 8

A project has a critical path duration of 45 days. Activity X on the critical path can be crashed by 3 days at an additional cost of $500 per day. Activity Y, a non-critical activity with 10 days of float, can also be crashed by 3 days at $600 per day. The project manager wants to reduce the project duration by 3 days at minimum cost. What should the project manager do?

Accepted Answer

Crash Activity X by 3 days for $1,500. Crashing Activity X on the critical path directly reduces the project duration. Option B is wrong because crashing Activity Y does not reduce the overall project duration since it has float. Option C is wrong because crashing both is unnecessary and more expensive. Option D is wrong because crashing a non-critical activity does not affect the critical path.

Answer

Crash both activities by 3 days for $3,300

Answer

Crash Activity Y by 1 day for $600 and Activity X by 2 days for $1,000

Answer

Crash Activity Y by 3 days for $1,800

Question 9

Which TWO are core practices of Extreme Programming (XP)?

Accepted Answer

Test-driven development (TDD).. Test-driven development (TDD) (option B) and pair programming (option C) are core practices of Extreme Programming (XP). TDD involves writing automated tests before writing the code, and pair programming involves two programmers working together at one workstation. The other options are not XP core practices: Sprint review (A) is a Scrum ceremony, product backlog grooming (D) is a Scrum activity, and retrospectives (E) are also a Scrum event.

Answer

Sprint review.

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Product backlog grooming.

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Retrospectives.

Question 10

A business analyst is creating a requirements traceability matrix. Which purpose does this serve?

Accepted Answer

Link requirements to business objectives and deliverables.. The requirements traceability matrix (RTM) is a tool used to trace requirements throughout the project lifecycle. Its primary purpose is to link requirements to business objectives and deliverables, ensuring that every requirement contributes to the project's goals and can be traced forward to deliverables and backward to origin. Option A correctly identifies this purpose. Option B is incorrect because tracking the status of requirement approval is a function of a requirements status report, not the RTM. Option C is incorrect because documenting the rationale for requirement changes is typically done in a change log or requirements management plan. Option D is incorrect while mapping requirements to test cases is a common use of the RTM, it is not its primary purpose.

Answer

Track the status of requirement approval.

Answer

Document the rationale for requirement changes.

Answer

Ensure each requirement maps to a test case.