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Free CAPM Exam Braindumps (page: 28)

Page 27 of 276
PDF with 1163 Questions

A regression line is used to estimate:

  1. Whether or not a process is stable or has predictable performance.
  2. How a change to the independent variable influences the value of the dependent variable.
  3. The upper and lower specification limits on a control chart.
  4. The central tendency, dispersion, and shape of a statistical distribution.

Answer(s): B

Explanation:

Scatter Diagram. A correlation chart that uses a regression line to explain or to predict how the change in an independent variable will change a dependent variable.



An input to Conduct Procurements is:

  1. Independent estimates.
  2. Selected sellers.
  3. Seller proposals.
  4. Resource calendars.

Answer(s): C

Explanation:

12.2.1.4 Seller Proposals
Seller proposals, prepared in response to a procurement document package, form the basic information that will be used by an evaluation body to select one or more successful bidders (sellers).

Process: 12.2 Conduct Procurements
Definition: The process of obtaining seller responses, selecting a seller, and awarding a contract.
Key Benefit: The key benefit of this process is that it provides alignment of internal and external stakeholder expectations through established agreements.
Inputs
1. Procurement management plan
2. Procurement documents
3. Source selection criteria

4. Seller proposals
5. Project documents
6. Make-or-buy decisions
7. Procurement statement of work
8. Organizational process assets
Tools & Techniques
1. Bidder conference
2. Proposal evaluation techniques
3. Independent estimates
4. Expert judgment
5. Advertising
6. Analytical techniques
7. Procurement negotiations
Outputs
1. .Selected sellers
2. .Agreements
3. .Resource calendars
4. .Change requests
5. .Project management plan updates
6. .Project documents updates



What are the Project Procurement Management processes?

  1. Conduct Procurements, Control Procurements, Integrate Procurements, and Close Procurements
  2. Estimate Procurements, Integrate Procurements, Control Procurements, and Validate Procurements
  3. Plan Procurement Management, Conduct Procurements, Control Procurements, and Close Procurements
  4. Plan Procurement Management, Perform Procurements, Control Procurements, and Validate Procurements

Answer(s): C

Explanation:

12. Project Procurement Management
12.1 Plan Procurement Management
12.2 Conduct Procurements
12.3 Control Procurements
12.4 Close Procurements



Which tool or technique is used to develop the human resource management plan?

  1. Ground rules
  2. Expert judgment
  3. Team-building activities
  4. Interpersonal skills

Answer(s): B

Explanation:

Process: 9.1 Plan Human Resource Management

Definition: The process of identifying and documenting project roles, responsibilities, required skills, reporting relationships, and creating a staffing management plan.
Key Benefit: The key benefit of this process is that it establishes project roles and responsibilities, project organization charts, and the staffing management plan including the timetable for staff acquisition and release. Inputs
1. Project management plan
2. Activity resource requirements
3. Enterprise environmental factors
4. Organizational process assets
Tools & Techniques
1. Organization charts and position descriptions
2. Networking
3. Organizational theory
4. Expert judgment
5. Meetings
Outputs
1. Human resource management plan

4.1.2.1 Expert Judgment
Expert judgment is often used to assess the inputs used to develop the project charter. Expert judgment is applied to all technical and management details during this process. Such expertise is provided by any group or individual with specialized knowledge or training and is available from many sources, including:
Other units within the organization, Consultants,
Stakeholders, including customers or sponsors, Professional and technical associations, Industry groups,
Subject matter experts (SME), and Project management office (PMO).






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