CAPM Project Management Exam Prep - Question List

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76. Which of the following is NOT true about estimating costs for a project?
  1. The project budget should be managed according to the cost baseline.
  2. Estimating should be done by those individuals performing the work.
  3. Corrective action should be taken when problems with cost happen.
  4. High-level estimates are perfectly acceptable.
  5. Sunk costs should not be included when deciding whether to continue with a project.
77. Which of the following is the least common dependency relationship between project tasks?
  1. Start-to-finish
  2. Start-to-start
  3. Finish-to-finish
  4. Finish-to-start
78. True or false: Insurance is a way of transferring risk.
  1. True
  2. False
79. Jerry has been asked to be very diligent about risk management since his new company has experienced rather involved complications before. Which best exemplifies good risk management?
  1. analyzing, planning and monitoring risks
  2. increasing the possibility of good results
  3. decreasing the possibility of bad results
  4. installing Risk-Buddy, a software solution, to handle all of your risk management needs
  5. mitigating major risks
80. Terry is extremely concerned about scope creep. Which of the following is the LEAST effective in controlling scope creep?
  1. Writing clear, concise definitions of work packages
  2. Creating a WBS dictionary
  3. Using a work authorization system
  4. Creating a picture dictionary

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