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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Which method is a way to apply reserve analysis?

  1. Assigning additional resources to every task

  2. Adding a percentage to all activities

  3. Reducing the estimated durations by 10%

  4. Ignoring project uncertainties

The correct answer is: Adding a percentage to all activities

Adding a percentage to all activities is a way to apply reserve analysis in project management. Reserve analysis involves allocating additional time, budget, or resources to account for uncertainties or risks in the project. By adding a percentage to all activities, project managers can create a buffer to address potential delays or cost overruns that may arise during the project execution. This method helps to ensure that the project remains on track even in the face of unexpected events or changes. On the other hand: A. Assigning additional resources to every task is not a method of applying reserve analysis as it may not account for specific risks or uncertainties in the project. C. Reducing the estimated durations by 10% does not align with the concept of reserve analysis, which focuses on adding buffers rather than reducing estimates. D. Ignoring project uncertainties goes against the principles of project management and risk management, which emphasize the importance of actively managing and mitigating risks.