CAPM (Certified Associate in Project Management) Practice Exam

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Prepare for the CAPM (Certified Associate in Project Management) exam with our informative quiz. Test your knowledge through multiple-choice questions and detailed explanations to boost your confidence and readiness for the certification.

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

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What is the output of plan cost management?

Project schedule, risk register
Cost management plan
Schedule management plan, cost baseline
Org culture and structure, market conditions

The correct answer is: Cost management plan

The output of plan cost management is the cost management plan which includes a detailed description of how costs will be estimated, budgeted, and controlled throughout the project. The other options listed may be outputs of other project management processes, but they are not the specific output of the plan cost management process. For example, project schedule and risk register are outputs of the develop schedule and identify risks processes, respectively. Schedule management plan and cost baseline are outputs of the plan schedule management and control costs processes. Org culture and structure and market conditions may influence the cost management plan, but they are not direct outputs of the process.