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CAPM Exam Prep Knowledge Check

Test your mastery of the core principles.

Question 1 of 4
What document formally authorizes the existence of a project and provides the project manager with the authority to apply organizational resources?
Explanation: The Project Charter is issued by the sponsor and formally authorizes the project while granting authority to the project manager.
Question 2 of 4
In a strong matrix organizational structure, who holds the primary authority over project team member assignments?
Explanation: In a strong matrix organization, the project manager has primary authority and control over project resources and priorities.
Question 3 of 4
If a project has an Earned Value (EV) of $500,000 and an Actual Cost (AC) of $400,000, what is the Cost Performance Index (CPI)?
Explanation: CPI is calculated as EV / AC ($500,000 / $400,000 = 1.25), indicating strong cost efficiency.
Question 4 of 4
What is the primary purpose of conducting a project retrospective in an agile delivery framework?
Explanation: Retrospectives are dedicated agile ceremonies focused on team reflection, identifying workflow bottlenecks, and implementing process improvements.