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PMI-002 Exam Dumps : Certified Associate in Project Management (CAPM) Certification

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Certified Associate in Project Management (CAPM) Certification Questions and Answers

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Question 1

The seller delivers a fixed price plus incentive fee project at a cost of $90,000. The terms of the contract are a ceiling price of $120,000, a target cost of $ 100,000, a target profit of $10,000, and a target price of $110,000. The share ratio is 70/30. The final price (your total reimbursement) is _________.

Options:

A.

$93,000

B.

$96,000

C.

$97,000

D.

None of the above

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Question 2

A project is considered successful when

Options:

A.

the project meets or exceeds the expectations of the stakeholders

B.

the product of the project has been manufactured

C.

the project sponsor announces the completion of the project

D.

None

Question 3

Which of the following is NOT an input of Estimate Costs?

Options:

A.

Earn Value Analysis

B.

Scope Baseline

C.

P'sk Register

D.

Human Resource Plan

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