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PMI CAPM Practice Test - Questions Answers, Page 67

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Which of the following response strategies are appropriate for negative risks or threats?

A.
Share, Accept, Transfer, or Mitigate
A.
Share, Accept, Transfer, or Mitigate
Answers
B.
Exploit, Enhance, Share, or Accept
B.
Exploit, Enhance, Share, or Accept
Answers
C.
Mitigate, Share, Avoid, or Accept
C.
Mitigate, Share, Avoid, or Accept
Answers
D.
Avoid, Mitigate, Transfer, or Accept
D.
Avoid, Mitigate, Transfer, or Accept
Answers
Suggested answer: D

Identify Stakeholders is the process of identifying all of the people or organizations impacted by the project and documenting relevant information regarding their interests in, involvement in, and impact on the project:

A.
manager.
A.
manager.
Answers
B.
success.
B.
success.
Answers
C.
deadline.
C.
deadline.
Answers
D.
scope.
D.
scope.
Answers
Suggested answer: B

Which of the following is a tool or technique used in the Acquire Project Team process?

A.
Networking
A.
Networking
Answers
B.
Training
B.
Training
Answers
C.
Negotiation
C.
Negotiation
Answers
D.
Issue log
D.
Issue log
Answers
Suggested answer: C

Which of the following change requests can bring expected future performance of the project work in line with the project management plan?

A.
Corrective action
A.
Corrective action
Answers
B.
Defect repair
B.
Defect repair
Answers
C.
Preventative action
C.
Preventative action
Answers
D.
Probable action
D.
Probable action
Answers
Suggested answer: A

The cost benefit analysis tool is used for creating:

A.
Pareto charts.
A.
Pareto charts.
Answers
B.
quality metrics.
B.
quality metrics.
Answers
C.
change requests,
C.
change requests,
Answers
D.
Ishikawa diagrams.
D.
Ishikawa diagrams.
Answers
Suggested answer: B

Which of the following are three inputs to the risk register?

A.
Risk register updates, stakeholder register, and quality management plan
A.
Risk register updates, stakeholder register, and quality management plan
Answers
B.
Communication management plan, enterprise environmental factors, and activity duration estimates
B.
Communication management plan, enterprise environmental factors, and activity duration estimates
Answers
C.
Risk management plan, activity cost estimates, and project documents
C.
Risk management plan, activity cost estimates, and project documents
Answers
D.
Project scope statement, organizational process assets, and scope baseline
D.
Project scope statement, organizational process assets, and scope baseline
Answers
Suggested answer: C

An input of the Create WBS process is:

A.
requirements documentation.
A.
requirements documentation.
Answers
B.
scope baseline.
B.
scope baseline.
Answers
C.
project charter.
C.
project charter.
Answers
D.
validated deliverables.
D.
validated deliverables.
Answers
Suggested answer: A

In Plan Risk Management, which of the management plans determines who will be available to share information on various risks and responses at different times and locations?

A.
Schedule
A.
Schedule
Answers
B.
Quality
B.
Quality
Answers
C.
Communications
C.
Communications
Answers
D.
Cost
D.
Cost
Answers
Suggested answer: C

Under which type of contract does the seller receive reimbursement for all allowable costs for performing contract work, as well as a fixed-fee payment calculated as a percentage of the initial estimated project costs?

A.
Cost Plus Fixed Fee Contract (CPFF)
A.
Cost Plus Fixed Fee Contract (CPFF)
Answers
B.
Cost Plus Incentive Fee Contract (CPIF)
B.
Cost Plus Incentive Fee Contract (CPIF)
Answers
C.
Firm Fixed Price Contract (FFP)
C.
Firm Fixed Price Contract (FFP)
Answers
D.
Fixed Price with Economic Price Adjustment Contract (FP-EPA)
D.
Fixed Price with Economic Price Adjustment Contract (FP-EPA)
Answers
Suggested answer: A

Funding limit reconciliation is a tool and technique used in which process?

A.
Control Costs
A.
Control Costs
Answers
B.
Determine Budget
B.
Determine Budget
Answers
C.
Estimate Costs
C.
Estimate Costs
Answers
D.
Control Budget
D.
Control Budget
Answers
Suggested answer: B
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