Ace Your CAPM CAPM Exam

Certified Associate in Project Management (CAPM) Questions and Answers

Question 53

Which category of contracts are sellers legally obligated to complete, with possible financial damages if the project objectives are not met?

Cost-reimbursable contracts

Time and Material contracts (T&M)

Fixed-price contracts

Cost Plus Fixed Fee Contracts (CPFF)

Question 54

Which is a communication method used in the Report Performance process?

Expert judgment

Project management methodology

Stakeholder analysis

Status review meetings

Question 55

Which Process Group contains those processes performed to define a new project?

Initiating

Planning

Executing

Closing

Question 56

Which of the following Process Groups covers all nine Project Management Knowledge Areas?

Executing

Monitoring and Controlling

Planning

Initiating