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Question: 1

When considering risks, which describes an opportunity in a project?

  1. An uncertain event that could have a negative impact on objectives
  2. An uncertain event that could have a favourable impact on objectives
  3. An event that has occurred resulting in a negative impact on objectives
  4. An event that has occurred resulting in a favourable impact on objectives

Answer: B

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Question: 5

How many tasks does the product-based planning technique describe?

  1. One
  2. Two
  3. Three
  4. Four

Answer: D

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Question: 2

Which of the following statements about lines of authority and reporting are true?

1, The Project Manager has day-to-day control for a management stage within the limits laid,

2. If a Team Manager forecasts a deviation beyond Work Package tolerances, this should be referred to the Project Manager down by the Project Board.

  1. Only 1 is true
  2. Only 2 is true
  3. Both 1 and 2 are true
  4. Neither 1 or 2 are true

Answer: C

Question: 3

Which may be funded from a risk budget?

  1. Corrections due to off-specifications
  2. Impact analysis of requests for change
  3. Implementation of a fallback plan
  4. Preparation of the Risk Management Strategy

Answer: C