CAPM Free Practice Test

- (Exam Topic 3)
Which organizational process assets update is performed during the Close Procurements process?

1. A. Procurement audit
2. B. Lessons learned
3. C. Performance reporting
4. D. Payment requests

Correct Answer: B

- (Exam Topic 1)
Which type of contract gives both the seller and the buyer flexibility to deviate from performance with financial incentives?

1. A. Cost Plus Incentive Fee (CPIF)
2. B. Fixed Price Incentive Fee (FPIF)
3. C. Cost Pius Award Re (CPAF)
4. D. Time and Material (T&M)

Correct Answer: B

- (Exam Topic 4)
Which process determines the risks that might affect the project?

1. A. Perform Qualitative Risk Analysis
2. B. Identify Risks
3. C. Plan Risk Management
4. D. Perform Quantitative Risk Analysis

Correct Answer: B

- (Exam Topic 2)
During which process does the project team receive bids and proposals?

1. A. Conduct Procurements
2. B. Plan Procurements
3. C. Estimate Costs
4. D. Control Budget

Correct Answer: A

- (Exam Topic 6)
What tool should a project manager use to efficiently manage project resources?

1. A. List of project resources
2. B. Resource breakdown structure
3. C. Resources detailed in the project scope
4. D. Resource requirements

Correct Answer: C