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  1. Home
  2. PMI Certification
  3. CAPM Exam
  4. PMI.CAPM.v2024-04-10.q314 Dumps
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Question 76

Which of the following is an example of an organizational system that is arranged based on the job being performed?

Correct Answer: C
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Question 77

The component of the human resource management plan that includes ways in which team members can obtain certifications that support their ability to benefit the project is known as:

Correct Answer: D
Section: Volume B
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Question 78

A project manager is working in an environment where requirements are not very clear and may change during the project. In addition, the project has several stakeholders and is technically complex.
Which strategies should the project manager take into account for risk management in this environment?

Correct Answer: A
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Question 79

Activity cost estimates and the project schedule are inputs to which Project Cost Management process?

Correct Answer: D
Explanation/Reference:
Explanation:
7.2.3.1 Activity Cost Estimates
Activity cost estimates are quantitative assessments of the probable costs required to complete project work. Cost estimates can be presented in summary form or in detail. Costs are estimated for all resources that are applied to the activity cost estimate. This includes, but is not limited to, direct labor, materials, equipment, services, facilities, information technology, and special categories such as cost of financing (including interest charges), an inflation allowance, exchange rates, or a cost contingency reserve. Indirect costs, if they are included in the project estimate, can be included at the activity level or at higher levels.
Process: 7.3 Determine Budget
Definition: The process of aggregating the estimated costs of individual activities or work packages to establish an authorized cost baseline.
Key Benefit: The key benefit of this process is that it determines the cost baseline against which project performance can be monitored and controlled.
Inputs
1. Cost management plan
2. Scope baseline
3. Activity cost estimates
4. Basis of estimates
5. Project schedule
6. Resource calendars
7. Risk register
8. Agreements
9. Organizational process assets
Tools & Techniques
1. Cost aggregation
2. Reserve analysis
3. Expert judgment
4. Historical relationships
5. Funding limit reconciliation
Outputs
1. Cost baseline
2. Project funding requirements
3. Project documents updates
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Question 80

During which process would stakeholders provide formal acceptance of the completed project scope?

Correct Answer: A
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