CAPM (Certified Associate in Project Management) Practice Exam

What are the outputs of close procurements?

1. Org process assets updates

2. Project management plan updates

3. Claims and appeals

4. Closed procurements, org process assets updates

The correct answer is: Closed procurements, org process assets updates

The correct answer is D: Closed procurements, org process assets updates. During the close procurements process, the main outputs are the formal closure of each contract and the completion and settlement of any open items. The closed procurements output signifies that all procurements have been successfully completed and formally closed. Additionally, organizational process assets updates are another key output of close procurements. These updates include lessons learned, procurement documents, and other relevant information that can be used for future projects within the organization. Options A, B, and C are incorrect as they are not typically outputs of the close procurements process. Option A (Org process assets updates) is already mentioned as one of the correct outputs in option D. Option B (Project management plan updates) may not be a direct output of the close procurements process as it is more related to managing the project itself rather than specifically closing procurements. Option C (Claims and appeals) is not a typical output of the close procurements process as it pertains more to dispute resolution during the procurement process rather than the close procurements phase.