The document summarizes Session 3 of a CAPM exam study which includes:
- Questions from previous asynchronous content
- Mapping knowledge areas and processes
- Homework concepts to study including work packages, scope management, network diagrams, and analysis techniques
- Sample exam questions and answers mapping to knowledge areas
The session covers agenda items for CAPM exam preparation including reviewing homework, knowledge areas, exam question practice, and Q&A. Sample exam questions and answers are provided to illustrate key concepts.
3. Session Two’s Homework
1. Finish going through the asynchronous content in the classroom.
2. Using reference resources and by taking at least one free online practice exam,
study the following concepts over the next few days in preparation for next
week:
a) Work packages
b) Scope Management
c) Work Breakdown Structure
d) Network Diagram
e) Forward and Backward Pass
f) Cost Performance Index
g) Schedule Performance Index
h) Analysis Techniques (Monte Carlo, Regression)
i) Critical Path
4. 1
A manager and the head of engineering discuss a change to a major
work package. After the meeting, the manager contacts you and tells
you to complete the paperwork to make the change. This is an example
of:
A-) Management attention to scope management.
B-) Management planning.
C-) A project expediter position.
D-) A change control system.
5. Answer is C. In this situation, the project manager acts as the secretary
of the project and only does paperwork. Therefore, this is an example of
a project expediter position where the project manager does not have
any authority or power.
Knowledge Area: Organizational Influences and Project Lifecycle
1
6. You are a new project manager who has never managed a project. It
would be BEST in this situation to rely on _____ during planning in
order to improve your chance of success.
A-) Your intuition and training
B-) Stakeholder analysis
C-) Historical information
D-) Configuration management
2
7. Answer is C. Historical information. The first thing to explore before
starting a new project is the historical information about similar projects
in the organizational process assets library.
Knowledge Area: Integration Management Knowledge Area
2
8. During project executing, a team member comes to the project manager
because he is not sure of what work he needs to accomplish on the
project. Which of the following documents contain detailed descriptions
of work packages?
A-) WBS Dictionary
B-) Activity List
C-) Project scope statement
D-) Scope management plan
3
9. Answer is A. WBS Dictionary. Work packages in a Work Breakdown
Structure contain only nouns or a couple of words regarding a work or
deliverable. Detailed information on what needs to be done, who is
responsible, prerequisites, successors, due dates and other information
are included in the Work Breakdown Structure Dictionary.
Knowledge Area: Scope Management Knowledge Area
3
10. Your project management plan results in a project schedule that is too
long. If the project network diagram cannot be changed, but you have
extra personnel resources, what is the BEST thing to do?
A-) Fast track the project.
B-) Level the resources.
C-) Crash the project.
D-) Monte Carlo analysis.
4
11. The answer is C, crash the project. In the first sentence, it is mentioned
that schedule is too long, therefore the aim is making a shorter schedule.
In the second sentence it is mentioned that you have extra personnel
resources. If you have resources, you can put more resources in an
activity to complete it in a shorter time. This is a description of crashing
an activity or crashing the project. Considering the other options, fast
tracking is performing activities in parallel instead of series. Since the
network diagram cannot be changed, fast tracking is irrelevant. Leveling
the resources is for fixing the over-allocation of resources and
distributing the tasks to all your resources uniformly. Monte Carlo
analysis is another estimating tool which is an irrelevant choice as well.
Therefore, the best answer is C.
Knowledge Area: Schedule Management Knowledge Area
4
12. Early in the life of your project, you are having a discussion with the
sponsor about what estimating techniques should be used. You want a
form of expert judgment, but the sponsor argues for analogous
estimating. It would be BEST to:
A-) Agree to analogous estimating, as it is a form of expert judgment
B-) Suggest life cycle costing
C-) Determine why the sponsor wants such an accurate estimate
D-) Try to convince the sponsor to allow expert judgment because it is
typically more accurate.
5
13. Answer is A. Agree to analogous estimating, as it is a form of expert
judgment. Since analogous estimating is a type of expert judgment you can
accept it. This is a tricky question.
Knowledge Area: Cost Management Knowledge Area
5