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Career Prospects

The specialists with the PMI CAMP certification are needed in every IT organization that has numerous clients and projects. Apart from IT, the certificate holders can pursue a career in alternative areas, such as finance, industrial engineering, and manufacturing industries. Some of the most popular job titles for the individuals with this certification include a Consultant, a Business Analyst, a Project Coordinator, and a Project Manager. Other positions that you can explore as well as the salary prospects associated with them are outlined below:

• Business Analyst ($68,000-$93,000)
• Information Technology Project Manager ($95,000-120,000)
• Project Coordinator ($53,000-$70,000)
• Associate Project Manager ($87,000-$102,000)
• Senior Project Manager ($105,000-$126,000)

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PMI Certified Associate in Project Management (CAPM) Sample Questions (Q811-Q816):

NEW QUESTION # 811
Specification of both the deliverables and the processes is the focus of:

• A. Project monitoring and control
• B. Configuration control
• C. Issue control
• D. Change control

Answer: B
NEW QUESTION # 812
The degree of uncertainty an entity is willing to take on in anticipation of a reward is known as its risk:

• A. appetite
• B. management
• C. tolerance
• D. response

Answer: A Explanation:
Explanation/Reference:
Explanation:
11 PROJECT RISK MANAGEMENT
[..]
Organizations perceive risk as the effect of uncertainty on projects and organizational objectives.
Organizations and stakeholders are willing to accept varying degrees of risk depending on their risk attitude. The risk attitudes of both the organization and the stakeholders may be influenced by a number of factors, which are broadly classifed into three themes:
Risk appetite, which is the degree of uncertainty an entity is willing to take on in anticipation of a reward.

Risk tolerance, which is the degree, amount, or volume of risk that an organization or individual will

withstand.
Risk threshold, which refers to measures along the level of uncertainty or the level of impact at which a

stakeholder may have a specific interest. Below that risk threshold, the organization will accept the risk.
Above that risk threshold, the organization will not tolerate the risk.
For example, an organization's risk attitude may include its appetite for uncertainty, its threshold for risk levels that are unacceptable, or its risk tolerance at which point the organization may select a different risk response.
Positive and negative risks are commonly referred to as opportunities and threats. The project may be accepted if the risks are within tolerances and are in balance with the rewards that may be gained by taking the risks. Positive risks that offer opportunities within the limits of risk tolerances may be pursued in order to generate enhanced value. For example, adopting an aggressive resource optimization technique is a risk taken in anticipation of a reward for using fewer resources.
NEW QUESTION # 813
A risk that arises as a direct result of implementing a risk response is called a:

• A. residual risk
• B. potential risk
• C. secondary risk
• D. contingent risk

Answer: C
NEW QUESTION # 814
Which is one of the determining factors used to calculate CPI?

• A. PV
• B. SPI
• C. ETC
• D. EV

Answer: D Explanation:
Explanation/Reference:
Explanation:
CPI = EV / AC
NEW QUESTION # 815
At the completion of a project, a report is prepared that details the outcome of the research conducted on a global trend during the project. Which item did this project create?

• A. Product
• B. Improvement
• C. Result
• D. Service

Answer: C
NEW QUESTION # 816
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