Certified Associate in Project Management (CAPM) — Question 354

Which two processes should be used to influence costs in the early stages of a project?

Answer options

• A. Estimate Costs and Determine Budget
• B. Plan Cost Management and Estimate Activity Durations
• C. Control Quality and Control Costs
• D. Plan Stakeholder Engagement and Plan Communications Management

Correct answer: A

Explanation

The correct answer, A, focuses on estimating costs and determining the budget, which are critical early processes for controlling project expenses. Options B, C, and D do not directly address cost influence at the project's outset; B pertains to planning and scheduling, C is about monitoring quality and costs post-planning, and D relates to stakeholder and communication management.