CAPM EXAM 3 STUDY GUIDE 2026
COMPREHENSIVE QUESTIONS AND STEP
BY STEP SOLUTIONS
◉ You have issued a procurement solicitation document that asks
vendors to state their price to provide and install water treatment
filter model 227-FQP23 from Bosch Filters, Limited, for a water
treatment facility for a small town. Which type of solicitation
document have you issued?
Answer: RFQ
◉ When we say that a project manager must manage project
integration, what do we really mean?
Answer: The plan, communication, team, constraints, stakeholders,
cost, and quality can result in a successful project only when a
project manager deliberately causes everything to work well
together.
◉ You have issued a procurement solicitation document that asks
vendors to provide their suggested approach to developing a water
treatment facility, and a range of possible costs for it. Which type of
solicitation document have you issued?
Answer: RFI
, ◉ The finished work on one of your projects to date is 30%. You can
calculate that planned value = US $1,000.000; actual cost = US $
850,000; EV = US$900,000; CV = US$900,000 - US$850,000 =
US$50,000; and SV = US$900,000 - US$1,000,000 = -US$100,000.
Which of the following statements is correct in this case?
Answer: The project seems to be within budget and ahead of
schedule.
◉ You establish a procurement contract with a vendor that allows
the vendor to invoice you for the quantity of hours worked as well as
the equipment provided, both of which you assume will likely
include some margin of profit for the vendor. Your contract is known
as which of the following?
Answer: Time and material contract
◉ In your project, you establish a first phase in which tasks can be
easily defined, estimated, and executed; a second phase in which
tasks take the form of four iterations; and a third phase that has a
very specific and critical sequence leading to a product launch. The
most likely means that you are following which project management
approach overall?
Answer: Hybrid
◉ If a project team is made up of members who each have
exceptional experience in a particular area but are also able to
COMPREHENSIVE QUESTIONS AND STEP
BY STEP SOLUTIONS
◉ You have issued a procurement solicitation document that asks
vendors to state their price to provide and install water treatment
filter model 227-FQP23 from Bosch Filters, Limited, for a water
treatment facility for a small town. Which type of solicitation
document have you issued?
Answer: RFQ
◉ When we say that a project manager must manage project
integration, what do we really mean?
Answer: The plan, communication, team, constraints, stakeholders,
cost, and quality can result in a successful project only when a
project manager deliberately causes everything to work well
together.
◉ You have issued a procurement solicitation document that asks
vendors to provide their suggested approach to developing a water
treatment facility, and a range of possible costs for it. Which type of
solicitation document have you issued?
Answer: RFI
, ◉ The finished work on one of your projects to date is 30%. You can
calculate that planned value = US $1,000.000; actual cost = US $
850,000; EV = US$900,000; CV = US$900,000 - US$850,000 =
US$50,000; and SV = US$900,000 - US$1,000,000 = -US$100,000.
Which of the following statements is correct in this case?
Answer: The project seems to be within budget and ahead of
schedule.
◉ You establish a procurement contract with a vendor that allows
the vendor to invoice you for the quantity of hours worked as well as
the equipment provided, both of which you assume will likely
include some margin of profit for the vendor. Your contract is known
as which of the following?
Answer: Time and material contract
◉ In your project, you establish a first phase in which tasks can be
easily defined, estimated, and executed; a second phase in which
tasks take the form of four iterations; and a third phase that has a
very specific and critical sequence leading to a product launch. The
most likely means that you are following which project management
approach overall?
Answer: Hybrid
◉ If a project team is made up of members who each have
exceptional experience in a particular area but are also able to
