LATEST CERTIFIED ASSOCIATE IN PROJECT
MANAGEMENT (CAPM) CERTIFICATION EXAM
OFFERED BY PROJECT MANAGEMENT
INSTITUTE (PMI) | Q&A WITH RATIONALES
1. What is the primary purpose of the project
charter?
A) Define the detailed project schedule
B) Authorize the project and formally assign the
project manager
C) List all project risks and responses
D) Document the project budget
Correct answer: B
Rationale: The project charter is a document issued
by the project sponsor that formally authorizes the
project's existence and gives the project manager
authority to apply organizational resources.
2. A project manager is using the Scrum framework.
What is the role of the product owner?
A) Facilitate team meetings and remove
impediments
,B) Develop the sprint backlog and assign tasks
C) Represent the voice of the customer and
prioritize the product backlog
D) Manage the project budget and schedule
Correct answer: C
Rationale: The product owner is responsible for
maximizing the value of the product by managing
and prioritizing the product backlog.
3. A project has a budget at completion (BAC) of
$100,000. The earned value (EV) is $45,000, and the
actual cost (AC) is $50,000. What is the cost
variance (CV)?
A) -$5,000
B) $5,000
C) -$10,000
D) $10,000
Correct answer: A
Rationale: CV = EV – AC = $45,000 – $50,000 = –
$5,000. A negative CV indicates the project is over
budget.
,4. Which document describes how the project will be
executed, monitored, and controlled?
A) Project charter
B) Project management plan
C) Work breakdown structure (WBS)
D) Risk register
Correct answer: B
Rationale: The project management plan is the
master document that integrates all subsidiary plans
(scope, schedule, cost, etc.) and defines how the
project will be planned, executed, monitored, and
closed.
5. A stakeholder has high authority but low interest
in the project. According to the power/interest grid,
how should the project manager engage this
stakeholder?
A) Keep satisfied
B) Manage closely
C) Keep informed
D) Monitor with minimal effort
Correct answer: A
, Rationale: Stakeholders with high power and low
interest should be kept satisfied. Their concerns
should be addressed, but they do not need frequent
detailed updates.
6. In agile project management, what is a sprint
retrospective?
A) A meeting to plan the work for the next sprint
B) A meeting to inspect the increment and adapt the
product backlog
C) A meeting for the team to reflect on the process
and identify improvements
D) A daily meeting for the team to synchronize
activities
Correct answer: C
Rationale: The sprint retrospective is a time for the
team to inspect its own working methods and create
a plan for improvements to be implemented in the
next sprint.
7. A project manager is calculating the schedule
performance index (SPI). The earned value (EV) is
MANAGEMENT (CAPM) CERTIFICATION EXAM
OFFERED BY PROJECT MANAGEMENT
INSTITUTE (PMI) | Q&A WITH RATIONALES
1. What is the primary purpose of the project
charter?
A) Define the detailed project schedule
B) Authorize the project and formally assign the
project manager
C) List all project risks and responses
D) Document the project budget
Correct answer: B
Rationale: The project charter is a document issued
by the project sponsor that formally authorizes the
project's existence and gives the project manager
authority to apply organizational resources.
2. A project manager is using the Scrum framework.
What is the role of the product owner?
A) Facilitate team meetings and remove
impediments
,B) Develop the sprint backlog and assign tasks
C) Represent the voice of the customer and
prioritize the product backlog
D) Manage the project budget and schedule
Correct answer: C
Rationale: The product owner is responsible for
maximizing the value of the product by managing
and prioritizing the product backlog.
3. A project has a budget at completion (BAC) of
$100,000. The earned value (EV) is $45,000, and the
actual cost (AC) is $50,000. What is the cost
variance (CV)?
A) -$5,000
B) $5,000
C) -$10,000
D) $10,000
Correct answer: A
Rationale: CV = EV – AC = $45,000 – $50,000 = –
$5,000. A negative CV indicates the project is over
budget.
,4. Which document describes how the project will be
executed, monitored, and controlled?
A) Project charter
B) Project management plan
C) Work breakdown structure (WBS)
D) Risk register
Correct answer: B
Rationale: The project management plan is the
master document that integrates all subsidiary plans
(scope, schedule, cost, etc.) and defines how the
project will be planned, executed, monitored, and
closed.
5. A stakeholder has high authority but low interest
in the project. According to the power/interest grid,
how should the project manager engage this
stakeholder?
A) Keep satisfied
B) Manage closely
C) Keep informed
D) Monitor with minimal effort
Correct answer: A
, Rationale: Stakeholders with high power and low
interest should be kept satisfied. Their concerns
should be addressed, but they do not need frequent
detailed updates.
6. In agile project management, what is a sprint
retrospective?
A) A meeting to plan the work for the next sprint
B) A meeting to inspect the increment and adapt the
product backlog
C) A meeting for the team to reflect on the process
and identify improvements
D) A daily meeting for the team to synchronize
activities
Correct answer: C
Rationale: The sprint retrospective is a time for the
team to inspect its own working methods and create
a plan for improvements to be implemented in the
next sprint.
7. A project manager is calculating the schedule
performance index (SPI). The earned value (EV) is
