Certified Associate In Project Management CAPM · Free Practice Question Medium
Question 3
A large beverage company reviews the requirements for an upcoming project. They must consider that they will need to follow FDA regulations, and their pricing must remain within the confines of the global market to be competitive. Additionally, they have to keep in mind that civil unrest, policies, and consumer habits can affect the market and the economy. Finally, they must also consider how customers view their brand regardless of the world market. Which of the prompt list choices below best reflects all of the company's issues when reviewing the requirements for the project?
- A PESTLE
- B TECOP
- C SPECTRUM
- D VUCA
Reveal correct answer
Correct answer: A
Explanation
The PESTLE prompt list covers political, economic, social, technological, legal, and environmental. In this scenario, the company has to consider political, economic, and social issues. TECOP covers technical, environmental, commercial, operational, and political. VUCA covers volatility, uncertainty, complexity, and ambiguity. SPECTRUM covers socio-cultural, political, competitive, technology, regulatory/legal, uncertainty, and market. PRM11.2.127Discussion
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