Online Access Free CAPM Practice Test

What is one of the objectives of Project Risk Management?

• A.Decrease the probability and impact of an event on project objectives.
• B.Removal of project risk.
• C.Distinguish between a project risk and a project issue so that a risk mitigation plan can be put in place.
• D.Increase the probability and impact of positive events.

A project manager has to share a status report with a new stakeholder and is trying to determine the level of detail to include in the report. Which document best details the information the project manager needs lo make this decision?

• A.Communications management plan
• B.Change management plan
• C.Organizational process assets
• D.Resource management plan

For a stakeholder with low interest and high power, the project manager should:

• A.Keep the stakeholder informed.
• B.Monitor the stakeholder.
• C.Manage the stakeholder closely.
• D.Keep the stakeholder satisfied.

For which kind of quantitative risk analysis chart can a tornado diagram represent values?

• A.Monte Carlo analysis
• B.Sensitivity analysis
• C.Expected monetary value analysis
• D.Decision tree analysis

A project ' s aim, from a business perspective, is moving an organization from one level to another to achieve a specific objective. What is the goal for a project ' s successful completion?

• A.Planned state
• B.Current state
• C.Future state
• D.Budgeted state