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.

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Which of the following is an output of the control costs process?

  1. Cost forecasts

  2. Risk register updates

  3. Scope statement updates

  4. Cost management plan

The correct answer is: Cost forecasts

Cost forecasts are an output of the control costs process. During this process, cost forecasts are updated to reflect changes in project assumptions, constraints, and baselines. This helps project managers in tracking and managing costs effectively throughout the project lifecycle. The other options are outputs of different processes - risk register updates are typically associated with the control risks process, scope statement updates are related to control scope process, and the cost management plan is a subsidiary plan of the project management plan.