CAPM (Certified Associate in Project Management) Practice Exam

Disable ads (and more) with a membership for a one time $2.99 payment

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!

Practice this question and more.

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.