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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Which of the following are considered statistical terms in project management context?

Mean, variance, standard deviation
Benchmarking, scoring, weighting
Quality assurance, quality control, quality management
Critical path, fast tracking, crashing

The correct answer is: Mean, variance, standard deviation

Statistical terms, such as mean, variance, and standard deviation, are important tools used in project management for analyzing and interpreting data related to project performance, schedule, and budget. These terms help project managers make informed decisions based on statistical analysis of the project data. Benchmarking, scoring, and weighting (option B) are not statistical terms but rather tools and techniques used for comparison, evaluation, and assigning relative importance to different project aspects. Quality assurance, quality control, and quality management (option C) are related to ensuring and maintaining the quality of deliverables and processes in a project, which are not statistical terms. Critical path, fast tracking, and crashing (option D) are scheduling techniques used in project management for time optimization and schedule compression, but they are not statistical terms.