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Certified Associate in Project Management (CAPM) Exam (CAPM) - PMI Exam Questions

Last updated on June 20, 2026

97% Exam Compliance
1320 Total Questions
1
Question
Project governance refers to framework.......which of the following is a portfolio? Pioject governance refers lo framework, functions, and processes that guide project management activates with a defined hierarchy between projects, programs and poctfotos. According to this hierarchy, which ot Die following is a portfolio?
Options
A A portfolio is a group of projects managed by the same project manager.
B A portfolio is the mam project of the company, supervised directly by the CEO.
C A portfolio is a group of related proiecls, programs, subsidary portfolios, and operation*, thai provides similar products or services.
D A portfolio is a group of projects, programs, subsidiary portfolios and operations managed together to achieve strategic objectives.
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2
Question
How is the schedule variance calculated using the earned value technique?
Options
A EV less PV
B AC less PV
C AC less EV
D EV less AC
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3
Question
Funding limit reconciliation is a tool and technique used in which process?
Options
A Estimate Costs
B Determine Budget
C Control Budget
D Control Costs
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4
Question
The contract in which the seller is reimbursed for all allowable costs for performing the contract work and then receives a fee based upon achieving certain performance objectives is called a:
Options
A Fixed Price Incentive Fee Contract (FPIF).
B Cost Plus Fixed Fee Contract (CPFF).
C Time and Material Contract (TandM).
D Cost Plus Incentive Fee Contract (CPIF).
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5
Question
A full-time project manager with low to moderate authority and part-time administrative staff is working in an organizational structure with which type of matrix?
Options
A Managed
B Weak
C Balanced
D Strong
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