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Viewing page 11 out of 14 pages
Viewing questions 201-220 out of questions
Questions # 201:

The probability and impact matrix is primarily used to:

Options:

A.

Quantify risk issues for trends during a quality audit.

B.

Develop a risk register for risk planning.

C.

Evaluate each risk’s importance and priority during Perform Qualitative Risk Analysis.

D.

Define risk and compare impacts during Perform Quantitative Risk Analysis.

Questions # 202:

An element of the project scope statement is:

Options:

A.

Acceptance criteria.

B.

A stakeholder list.

C.

A summary budget,

D.

High-level risks.

Questions # 203:

Which process is usually a rapid and cost-effective means of establishing priorities for Plan Risk Responses?

Options:

A.

Identify Risks

B.

Plan Risk Management

C.

Perform Qualitative Risk Analysis

D.

Perform Quantitative Risk Analysis

Questions # 204:

Project management processes ensure the:

Options:

A.

alignment with organizational strategy

B.

efficient means to achieve the project objectives

C.

performance of the project team

D.

effective flow of the project throughout its life cycle

Questions # 205:

The process of prioritizing risks for further analysis or action is known as:

Options:

A.

Plan Risk Management.

B.

Plan Risk Responses.

C.

Perform Qualitative Risk Analysis.

D.

Perform Quantitative Risk Analysis.

Questions # 206:

High-level project risks are included in which document?

Options:

A.

Business case

B.

Risk breakdown structure

C.

Project charter

D.

Risk register

Questions # 207:

In the Initiating Process Group, at what point does the project become officially authorized?

Options:

A.

When the project charter is signed

B.

When all the stakeholders agree on the scope of the project

C.

When the project manager is appointed

D.

When the necessary finance or funding is obtained

Questions # 208:

The formal and informal interaction with others in an organization industry, or professional environment is known as:

Options:

A.

negotiation

B.

organizational theory

C.

meeting

D.

networking

Questions # 209:

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

Options:

A.

Share, Accept, Transfer, or Mitigate

B.

Exploit, Enhance, Share, or Accept

C.

Mitigate, Share, Avoid, or Accept

D.

Avoid, Mitigate, Transfer, or Accept

Questions # 210:

Which process involves determining, documenting, and managing stakeholders' needs and requirements to meet project objectives?

Options:

A.

Collect Requirements

B.

Plan Scope Management

C.

Define Scope

D.

Define Activities

Questions # 211:

Which of the following is an input to the Perform Qualitative Risk Analysis process?

Options:

A.

Risk register

B.

Risk data quality assessment

C.

Risk categorization

D.

Risk urgency

Questions # 212:

Inputs to Identifying Stakeholders include:

Options:

A.

Project charter, procurement documents, enterprise environmental factors, and organizational process assets.

B.

Project charter, stakeholder analysis, enterprise environmental factors, and organizational process assets.

C.

Project charter, stakeholder analysis, enterprise environmental factors, and stakeholder management strategy.

D.

Project charter, procurement documents, expert judgment, and organizational process assets.

Questions # 213:

Which of the following reduces the probability of potential consequences of project risk events?

Options:

A.

Preventive action

B.

Risk management

C.

Corrective action

D.

Defect repair

Questions # 214:

Which of the following risk response strategies involves allocating ownership of a positive risk to a third party?

Options:

A.

Mitigate

B.

Transfer

C.

Share

D.

Avoid

Questions # 215:

The product scope description is used to:

Options:

A.

Gain stakeholders support for the project.

B.

Document the characteristics of the product.

C.

Describe the project in great detail.

D.

Formally authorize the project.

Questions # 216:

Which type of contract is a hybrid of both a cost-reimbursable and a fixed-price contract?

Options:

A.

Cost Plus Award Fee Contract (CPAF)

B.

Firm-Fixed -Price Contract (FFP)

C.

Time and Material Contract (T&M)

D.

Cost Plus Incentive Fee Contract (CPIF)

Questions # 217:

A project lifecycle is defined as:

Options:

A.

a collection of generally sequential and sometimes overlapping project phases.

B.

a process required to ensure that the project includes all the work required, and only the work required, to complete the project successfully.

C.

a recognized standard for the project management profession.

D.

the application of knowledge, skills, tools, and techniques to project activities to meet the project requirements.

Questions # 218:

Which enterprise environmental factors are considered during cost estimating?

Options:

A.

Marketplace conditions and commercial databases

B.

Marketplace conditions and company structure

C.

Commercial databases and company structure

D.

Existing human resources and market place conditions

Questions # 219:

A weighting system is a tool for which area of Conduct Procurements?

Options:

A.

Plan contracting

B.

Requesting seller responses

C.

Selecting seller's

D.

Planning purchase and acquisition

Questions # 220:

An output of the Direct and Manage Project Work process is:

Options:

A.

Deliverables.

B.

Activity lists.

C.

A work breakdown structure.

D.

A scope statement.

Viewing page 11 out of 14 pages
Viewing questions 201-220 out of questions
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