CRPM Exam UPDATED ACTUAL and Correct Answers

CRPM Exam UPDATED ACTUAL and Correct Answers
Question: 1st phase of the project
Answer:
Initiation phase

Question: 2nd phase of the project
Answer:
Planning phase

Question: 3rd phase of the project
Answer:
Execution phase

Question: 4th phase of the project
Answer:
Controlling phase

Question: 5th phase of the project
Answer:
Closing phase

Question: Acronym for the project phases
Answer:
I-P-E-C-C

Question: The initiation phase ends when...
Answer:
there is approval from the client

Question: Which phase is this in?
Adjusting the project plans to address approved changes
Answer:
planning phase

Question: These are subdomains of which area?
- Project requirements and scope
- Scheduling

, - Client contract with agreed scope & specifications
- Pre-construction meeting
- Change orders
Answer:
Planning phase

Question: What is a fixed price contract?
Answer:
1 fixed price. Scope is only changed with a change order

Question: What is a time & materials contract?
Answer:
charging for the work just as it's done. Profit might be
included in both labor and materials. It's more "open book". Better for smaller projects/repairs

Question: What is a cost reimbursable/cost plus contract?
Answer:
More open book, items are recorded
and everything is shown to client. You will add additional fee to all costs.

Question: What are the 6 domains of knowledge that Nari outlines?
Answer:
1. Planning phase 25%

Question: Communication domain 20%
Answer:


Question: Project cost management 16%
Answer:


Question: Quality assurance domain 14%
Answer:


Question: Risk management domain 14%