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  • Exam Name: Certified Associate in Project Management (CAPM) Certification
  • Last Update: 26-Apr-2024
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PMI-002 Questions and Answers

Question # 1

You are assigned to a project that has already been decided to be outsourced. As a project manager, you need to organize a formal bid process and select the vendor for this project. Your senior management is forcing you to select a vendor which has good relation with your senior management. What is the BEST course of action for you?

A.

Follow the formal bid process, and show the senior management about why the favored vendor is or is not the best choice.

B.

Report to legal department of your company.

C.

Report to your Manager about this.

D.

Get a written permission from your senior management to bypass the formal bid process.

Question # 2

You have a piece of equipment that was purchased for your ptoject recently for $5,000 and is expected to last 5 years in production. At the end of the five years the expected worth of the equipment is $2,000. Using straight-line deprecation, what is the amount that can be written off each year?

A.

$600

B.

$1200

C.

$3000

D.

Zero

Question # 3

Which is not true about change requests :

A.

They always require additional funding.

B.

They happen while the project work is being done.

C.

They can be written or verbal.

D.

They can be requested by a stakeholder.

Question # 4

Random variance in a process, as measured by the standard deviation can be directly reduced by:

A.

Studying scatter diagrams.

B.

Increasing the number of quality inspectors.

C.

Improving the overall system of production.

D.

Identifying patterns of variance.

Question # 5

Activity duration estimates include all of the following EXCEPT for:

A.

Project team knowledge.

B.

Time studies.

C.

Information from previous experience.

D.

Commercial duration databases.

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