CAPM (Certified Associate in Project Management) Practice Exam

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Study for the CAPM Test. Study with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam!

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What are organizational process assets?

Financial resources allocated for the project
External suppliers and contractors
Plans, policies, and project files used and created during the project
Only physical assets owned by the organization

The correct answer is: Plans, policies, and project files used and created during the project

Organizational process assets refer to the plans, policies, procedures, and knowledge bases that are used and created during the project. These assets include documents such as project files, historical information, lessons learned, templates, and guidelines. They play a crucial role in influencing the organization's projects and how they are executed. Financial resources allocated for the project (Option A) and external suppliers and contractors (Option B) are not considered organizational process assets as they are external to the organization. Physical assets owned by the organization (Option D) are also not organizational process assets as they do not involve the intangible aspects related to processes and procedures within the organization.