CAPM (Certified Associate in Project Management) Practice Exam

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Study for the Certified Associate in Project Management Exam with practice questions and answers. Enhance your understanding of project management principles and strategies to excel in the exam!

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 are source selection criteria used for?

  1. Determining project budget

  2. Selecting a vendor

  3. Managing project teams

  4. Scheduling the project

The correct answer is: Selecting a vendor

Source selection criteria are used for selecting a vendor. This process involves evaluating and selecting the most suitable vendor based on predefined criteria such as cost, quality, experience, reputation, and other factors. It is essential to choose the right vendor to ensure that the project objectives are met efficiently and effectively. The other options are incorrect because they do not align with the purpose of source selection criteria.