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PMI CAPM Exam - Topic 1 Question 98 Discussion

Which action is included in the Control Costs process?
D) Monitor cost performance to isolate and understand variances from the approved cost baseline
A) Identify how the project costs will be planned, structured, and controlled
B) Determine policies, objectives, and responsibilities to satisfy stakeholder needs
C) Develop an approximation of the monetary resources needed to complete project activities

PMI CAPM Exam - Topic 1 Question 98 Discussion

Actual exam question for PMI's CAPM exam
Question #: 98
Topic #: 1
[All CAPM Questions]

Which action is included in the Control Costs process?

Show Suggested Answer Hide Answer
Suggested Answer: D

Contribute your Thoughts:

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Alecia
6 months ago
Wait, is D really part of Control Costs? That’s interesting!
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Royce
6 months ago
I think A is also important for planning.
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Jose
6 months ago
C is where you start, right? Estimating resources is crucial.
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Berry
6 months ago
I’m not sure about B being in Control Costs. Seems off.
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Tu
6 months ago
Definitely D! Monitoring cost performance is key.
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Tonja
7 months ago
I definitely recall that monitoring cost performance is key in Control Costs, so I would lean towards D as the correct answer.
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Lili
7 months ago
I'm a bit unsure, but I feel like option C sounds more like the Estimate Costs process rather than Control Costs.
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Sharika
7 months ago
I remember practicing a question similar to this, and I think it was about how to manage costs effectively. Could it be A?
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Annice
7 months ago
I think the Control Costs process is about monitoring costs, so maybe option D is the right one?
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Lettie
8 months ago
I'm a bit confused on this one. Is the answer C, developing an approximation of the monetary resources needed? That also seems related to cost management, but I'm not sure if it's specifically part of the Control Costs process. I'll have to review my notes to be sure.
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Louisa
8 months ago
Okay, let me see. The Control Costs process is all about controlling and managing project costs, so I'm thinking the answer is probably A - identifying how the project costs will be planned, structured, and controlled. That seems like a key part of the process.
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Jina
8 months ago
Hmm, I'm not totally sure about this one. I know the Control Costs process is about managing project costs, but I'm not confident which specific action is included. I'll have to think this through carefully.
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Willis
8 months ago
This question seems straightforward - I think the answer is D, monitoring cost performance to isolate and understand variances from the approved cost baseline.
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Elise
10 months ago
This question is a real cost-cutter! I bet the answer is D, just like my wallet after a project goes over budget.
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Joseph
10 months ago
User 3: Actually, I'm pretty sure it's D.
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Meghann
10 months ago
User 2: No, I believe it's C.
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Chauncey
10 months ago
User 1: I think the answer is A.
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Mabel
10 months ago
That makes sense too. Monitoring cost performance is crucial to control costs effectively.
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Roxanne
11 months ago
A) Identify how the project costs will be planned, structured, and controlled. Gotta have that foundation in place before you can monitor the costs.
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Marleen
10 months ago
B) Determine policies, objectives, and responsibilities to satisfy stakeholder needs.
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Tayna
10 months ago
A) Identify how the project costs will be planned, structured, and controlled.
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Darrin
11 months ago
I believe it's D) Monitor cost performance to isolate and understand variances from the approved cost baseline.
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Isadora
11 months ago
I agree with Mabel. Controlling costs is all about planning and structuring the project costs.
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Laurel
11 months ago
C) Develop an approximation of the monetary resources needed to complete project activities. That's crucial for planning the project budget, isn't it?
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Jacquelyne
10 months ago
Absolutely, it's a key step in ensuring that the project stays within budget.
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Felice
10 months ago
Yes, you're right. Developing an approximation of the monetary resources is essential for budget planning.
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Roosevelt
11 months ago
D) Monitor cost performance to isolate and understand variances from the approved cost baseline. This seems like the most relevant option to me.
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Svetlana
10 months ago
D) Monitor cost performance to isolate and understand variances from the approved cost baseline
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Hannah
10 months ago
C) Develop an approximation of the monetary resources needed to complete project activities
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An
10 months ago
A) Identify how the project costs will be planned, structured, and controlled
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Mabel
11 months ago
I think the answer is A) Identify how the project costs will be planned, structured, and controlled.
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