CAPM Project Management Exam Prep - Question List

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16. Jill’s project is behind schedule but it needs to be delivered by a certain date. She requests additional resources to complete the project faster. Which of the following terms is this an example of?
  1. Critical path
  2. Crashing
  3. Secondary risk
  4. Float
  5. Slack
17. Michael is looking at a network diagram he’s just created for his project. He sits with Tito, a team member and relays important facts about the project utilizing the diagram. Which of the following does not represent the benefits of using a network diagram?
  1. It includes dependences
  2. It illustrates the critical path
  3. t may utilize a calendar scale
  4. It’s a quick sketch
18. What are some limitations of the PERT/critical path approach?
  1. It can place too much emphasis on the critical path.
  2. Time estimates tend to be subjective.
  3. Costs are not considered.
  4. It can be time intensive to manage this way.
  5. It is difficult to create reports.
19.

What is a standard range for a Rough Order of Magnitude estimate?

  1. -25% to +50%
  2. -25% to +75%
  3. -50% to +50%
  4. -50% to +75%
  5. -75% to +75%
20.

True or false: A management reserve should be a specific percentage of each budget.

  1. True
  2. False

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