CAPM (Certified Associate in Project Management) Practice Exam

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How is accuracy determined?

  1. By comparing results with the project schedule

  2. By the difference between the planned and actual costs

  3. By how close a result is to a specified value

  4. By the consistency of measurement

The correct answer is: By how close a result is to a specified value

Accuracy is typically determined by how close a result is to a specified value, either through numerical or qualitative measures. Option A is incorrect because it refers to comparing results with a project schedule, which measures efficiency. Option B is incorrect because it compares planned and actual costs, which measures cost performance. Option D is incorrect because it mentions consistency in measurement, which refers to reliability rather than accuracy. Therefore, C is the most accurate and relevant choice for determining accuracy.

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