CAPM (Certified Associate in Project Management) Practice Exam

What does reserve analysis compare?

1. Actual spending against budget

2. Amount of contingency reserves remaining to the amount of risk remaining

3. Team performance against planned

4. Scheduled work against completed work

The correct answer is: Amount of contingency reserves remaining to the amount of risk remaining

Reserve analysis compares the amount of contingency reserves remaining to the amount of risk remaining. This process helps project managers assess whether the reserves allocated for managing potential risks are adequate and whether any adjustments need to be made to mitigate future risks effectively. Options A, C, and D are incorrect: A. Actual spending against budget is typically compared in cost control processes, such as cost variance analysis. C. Team performance against planned is usually analyzed through performance reviews and progress assessments to ensure that the project team is meeting its objectives. D. Scheduled work against completed work is commonly reviewed to track progress and determine if the project is on schedule.