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PMI CAPM Practice Test - Questions Answers, Page 7

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Which process determines the risks that may affect the project and documents their characteristics?

A.
Control Risks
A.
Control Risks
Answers
B.
Plan Risk Management
B.
Plan Risk Management
Answers
C.
Plan Risk Responses
C.
Plan Risk Responses
Answers
D.
Identify Risks
D.
Identify Risks
Answers
Suggested answer: D

An example of a group decision-ma king technique is:

A.
Nominal group technique.
A.
Nominal group technique.
Answers
B.
Majority.
B.
Majority.
Answers
C.
Affinity diagram.
C.
Affinity diagram.
Answers
D.
Multi-criteria decision analysis.
D.
Multi-criteria decision analysis.
Answers
Suggested answer: B

A risk response strategy in which the project team shifts the impact of a threat, together with ownership of the response, to a third party is called:

A.
mitigate
A.
mitigate
Answers
B.
accept
B.
accept
Answers
C.
transfer
C.
transfer
Answers
D.
avoid
D.
avoid
Answers
Suggested answer: C

An output of the Plan Quality Management process is:

A.
A process improvement plan,
A.
A process improvement plan,
Answers
B.
Quality control measurements.
B.
Quality control measurements.
Answers
C.
Work performance information,
C.
Work performance information,
Answers
D.
The project management plan.
D.
The project management plan.
Answers
Suggested answer: A

A project manager should document the escalation path for unresolved project risks in the:

A.
Change control plan
A.
Change control plan
Answers
B.
Stakeholder register
B.
Stakeholder register
Answers
C.
Risk log
C.
Risk log
Answers
D.
Communications management plan
D.
Communications management plan
Answers
Suggested answer: D

Which process in Project Time Management includes reserve analysis as a tool or technique?

A.
Estimate Activity Resources
A.
Estimate Activity Resources
Answers
B.
Sequence Activities
B.
Sequence Activities
Answers
C.
Estimate Activity Durations
C.
Estimate Activity Durations
Answers
D.
Develop Schedule
D.
Develop Schedule
Answers
Suggested answer: C

Which risk management strategy seeks to eliminate the uncertainty associated with a particular upside risk by ensuring that the opportunity is realized?

A.
Enhance
A.
Enhance
Answers
B.
Share
B.
Share
Answers
C.
Exploit
C.
Exploit
Answers
D.
Accept
D.
Accept
Answers
Suggested answer: C

Payback period, return on investment, internal rate of return, discounted cash flow, and net present value are all examples of:

A.
Expert judgment.
A.
Expert judgment.
Answers
B.
Analytical techniques.
B.
Analytical techniques.
Answers
C.
Earned value management.
C.
Earned value management.
Answers
D.
Group decision-making techniques.
D.
Group decision-making techniques.
Answers
Suggested answer: B

The definition of when and how often the risk management processes will be performed throughout the project life cycle is included in which risk management plan component?

A.
Timing
A.
Timing
Answers
B.
Methodology
B.
Methodology
Answers
C.
Risk categories
C.
Risk categories
Answers
D.
Budgeting
D.
Budgeting
Answers
Suggested answer: A

When a backward pass is calculated from a schedule constraint that is later than the early finish date that has been calculated during a forward pass calculation, this causes which type of total float?

A.
Negative
A.
Negative
Answers
B.
Zero
B.
Zero
Answers
C.
Positive
C.
Positive
Answers
D.
Free
D.
Free
Answers
Suggested answer: C
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