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!

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What does interviewing as a data gathering technique contribute to in risk analysis?

  1. Calibrating quantitative risk analysis models

  2. Developing the project charter

  3. Facilitating team building activities

  4. Collecting historical data for organizational process assets

The correct answer is: Calibrating quantitative risk analysis models

Interviewing as a data gathering technique contributes to calibrating quantitative risk analysis models. This is because interviewing allows for the collection of qualitative data and opinions from individuals with expertise in the project or area being analyzed. This information can then be used to inform and refine the quantitative risk analysis models for more accurate and tailored results. Option B, developing the project charter, is incorrect because while interviewing may provide valuable insights for a project charter, it is not a primary purpose or contribution of this technique. Option C, facilitating team building activities, is incorrect because while interviewing may help build relationships and understanding among team members, this is not a specific result of using interviews as a data gathering technique for risk analysis. Option D, collecting historical data for organizational process assets, is incorrect because interviewing is used to gather current information and perspectives, rather than solely relying on past data. While historical data may be discussed during an interview, it is not the main focus of this technique in risk analysis.