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

Question 1

You have a piece of equipment that was purchased for your ptoject recently for $5,000 and is expected to last 5 years in production. At the end of the five years the expected worth of the equipment is $2,000. Using straight-line deprecation, what is the amount that can be written off each year?

Options:

$600

$1200

$3000

Zero

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Question 2

You are project manager of a project and the funding for your project has been reduced. What is the BEST action to take in response to this?

Options:

Perform detailed financial analysis and renegotiate for adequate funding.

Inform in customer that the project will be delayed an adjust resources accordingly.

Only do as much work as the new budget permits and document actions taken.

Inform the customer of impacts and negotiate a change in scope.

Question 3

Risks are accepted when ___________.

Options:

You develop a contingency plan to execute should the risk event occur

You accept the consequences of the risk

You transfer the risk to another party

Both A and B

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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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