CAPM

Which type of contract gives both the seller and the buyer flexibility to deviate from performance with financial incentives?A . Cost Plus Incentive Fee (CPIF) B. Fixed Price Incentive Fee (FPIF) C. Cost Pius Award Re (CPAF) D. Time and Material (T&M)View AnswerAnswer: B

A strengths, weaknesses, opportunities, and threats (SWOT) analysis is a tool or technique used in which process?A . Identify Risks B. Control Risks C. Perform Quantitative Risk Analysis D. Perform Qualitative Risk AnalysisView AnswerAnswer: A

Typical outcomes of a project include:A . Products, services, and improvements. B. Products, programs, and services. C. Improvements, portfolios, and services. D. Improvements, processes, and products.View AnswerAnswer: A

Lessons learned are created and project resources are released in which Process Group?A . Planning B. Executing C. Closing D. InitiatingView AnswerAnswer: C

The process of estimating the type and quantity of material, human resources, equipment, or supplies required to perform each activity is known as:A . Collect Requirements. B. Conduct Procurements. C. Estimate Activity Durations. D. Estimate Activity Resources.View AnswerAnswer: D

Which input may influence quality assurance work and should be monitored within the context of a system for configuration management?A . Work performance data B. Project documents C. Scope baseline D. Requirements documentationView AnswerAnswer: B

An input to the Plan Stakeholder Management process is:A . The project charter. B. The stakeholder analysis. C. A communication management plan. D. A stakeholder register.View AnswerAnswer: D

Which tool or technique is an examination of industry and specific vendor capabilities?A . Independent estimates B. Market research C. Analytical techniques D. Bidder conferencesView AnswerAnswer: B

Which risk management strategy seeks to eliminate the uncertainty associated with a particular upside risk by ensuring that the opportunity is realized?A . Enhance B. Share C. Exploit D. AcceptView AnswerAnswer: C

Which changes occur in risk and uncertainty as well as the cost of changes as the life cycle of a typical project progresses?A . Risk and uncertainty increase; the cost of changes increases. B. Risk and uncertainty increase; the cost of changes decreases, C. Risk and uncertainty decrease; the cost...