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CAPM Exam Dumps - Certified Associate in Project Management (CAPM)

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Question # 4

The procurement requirements for a project include working with several vendors. What should the project manager take into consideration during the Project Procurement Management processes?

A.

Work performance information

B.

Bidder conferences

C.

Complexity of procurement

D.

Procurement management plan

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Question # 5

In which organizational structure would the project manager have most authority?

A.

Matrix-weak

B.

Matrix-balanced

C.

Matrix-strong

D.

Organic or simple

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Question # 6

A firm contracted an event management company to conduct the annual sales day event. The agreement states that the event management company will charge the firm for the actuals and receive 8% of the total cost. What type of contract Is this?

A.

Time and material (T8M)

B.

Fixed price incentive fee (FPIF)

C.

Cost plus fixed fee (CPFF)

D.

Cost plus award fee (CPAF)

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Question # 7

Which of the following describes the similarities of the process groups and project life cycle?

A.

The life cycle involves three project management process groups.

B.

Both provide a basic framework to manage the project.

C.

Each project must have a life cycle and all processes in the five process groups.

D.

The project life cycle is managed by executing the processes within the five process groups.

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Question # 8

What are the key tools for managing project knowledge?

A.

Expert judgment and data gathering

B.

Networking and storytelling

C.

Data analysis and decision making

D.

Prototypes and product analysis

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