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PMI Certification
CAPM Exam
PMI.CAPM.v2023-03-22.q790 Dumps

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Question 576

Which is one of the determining factors used to calculate CPI?

A.EV
B.SPI
C.PV
D.ETC

Correct Answer: A

Explanation/Reference:
Explanation:
CPI = EV / AC

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Question 577

Which action should the project manager take after the team finishes executing the scope?

A.Verify the deliverables to ensure that they are correct and meet the customer's satisfaction
B.Accept all the deliverables and deliver them to the customer for final acceptance
C.Check that all change requests were implemented and release deliverables to the customer
D.Conduct a joint session with the customer, change the deliverables, and then request approval

Correct Answer: D

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Question 578

Which of the following is an output of the Conduct Procurements process?

A.Project statement of work
B.Selected sellers
C.Risk register updates
D.Teaming agreements

Correct Answer: B

Explanation/Reference:
Explanation:
12.2.3.1 Selected Sellers
The selected sellers are those who have been judged to be in a competitive range based upon the outcome of the proposal or bid evaluation, and who have negotiated a draft contract that will become the actual contract when an award is made. Final approval of all complex, high-value, high-risk procurements will generally require organizational senior management approval prior to award.
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

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Question 579

Which two processes should be used to influence costs in the early stages of a project?

A.Estimate Costs and Determine Budget
B.Plan Cost Management and Estimate Activity Durations
C.Control Quality and Control Costs
D.Plan Stakeholder Engagement and Plan Communications Management

Correct Answer: A

Section: Volume E

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Question 580

Which stakeholder communicates with higher levels of management to gather organizational support and promote project benefits?

A.Portfolio manager
B.Project sponsor
C.Project manager
D.Project management office

Correct Answer: B

Section: Volume E
Explanation:
Sponsor. A sponsor is the person or group who provides resources and support for the project and is accountable for enabling success. The sponsor may be external or internal to the project manager's organization. From initial conception through project closure, the sponsor promotes the project. This includes serving as spokesperson to higher levels of management to gather support throughout the organization and promoting the benefits the project brings. The sponsor leads the project through the initiating processes until formally authorized, and plays a significant role in the development of the initial scope and charter. For issues that are beyond the control of the project manager, the sponsor serves as an escalation path. The sponsor may also be involved in other important issues such as authorizing changes in scope, phase-end reviews, and go/no-go decisions when risks are particularly high. The sponsor also ensures a smooth transfer of the project's deliverables into the business of the requesting organization after project closure.

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