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CAPM Practice: Demonstrate an understanding of the various project life cycles and processes

Question 75 of 95 in Demonstrate an understanding of the various project life cycles and processes

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What is an assumption in project management?

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Correct answer: A factor that is considered to be true without proof or demonstration

Explanation

An assumption is a factor in the planning process that is considered to be true, real, or certain without proof or demonstration. Assumptions are documented because they can affect project planning and execution if they turn out to be false.

**Why not A:** A problem that currently exists and requires immediate attention is an issue, not an assumption. Issues are active, current problems on the project, while assumptions are factors believed to be true during planning that have not been verified.

**Why not B:** An uncertain event with a potential negative impact describes a risk, not an assumption. Risks are future uncertainties that may or may not occur, while assumptions are factors accepted as true for planning purposes without requiring proof.

**Why not D:** A limitation that restricts the project team's options describes a constraint, not an assumption. Constraints are imposed restrictions (such as budget limits or regulatory requirements), while assumptions are unverified beliefs used as a basis for planning.

Key Concept

This question covers Demonstrate an understanding of the various project life cycles and processes under Demonstrate an understanding of the various project life cycles and processes (Project Management Fundamentals and Core Concepts).

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