CAPM Practice Exam 150 Questions with 100% Correct Answers | Latest Version 2024 | Verified

1. The process of establishing clear and achievable objectives, measuring their achievement, and adjusting performance in accordance with the results of the measurement is called: - Management by Objectives 2. During the full life cycle of the project, a plot of the project's expected expenditures will usually follow a characteristic S curve. This indicates that: - The bulk of the project budget will be spent in the execution phase 3. In which project lifecycle phase would you expect to have the greatest influence on overall project cost? - Concept 4. Requirement is - - Quantified and documented needs of stakeholders, customer, and sponsor 5. TQM is - - Total Quality Management: A common approach to implementing a quality improvement program 6. Which describes Management Information Systems? - Software that an enterprise uses to support business and administrative operations 7. The type of planning that is equated with more specific data or is detailed in nature is called: - Tactical