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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

The process that is not a part of time management is:

Options:

A.

Define Activities

B.

Resource Planning

C.

Develop Schedule

D.

Sequence Activities

Question 3

Project Quality Management includes:

Options:

A.

Customer satisfaction

B.

Prevention over inspection

C.

Continuous improvement

D.

Al1 of the above

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