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QUESTION NO: 1
Which defines the inherent probability of a risk?
A. Calculation of the timeframe and urgency of a risk prior to a risk response
B. Likelihood of an issue occurring before implementing a risk response
C. Chance of a risk occurring before implementing a risk response
D. Effect of the risk on the activity after implementing a risk response
Answer: C

QUESTION NO: 2
Which task will be carried out while performing the 'identify - risks' step?
A. Ranking the importance of the stakeholders involved in the activity
B. Ensuring that all participants agree on the identified risks
C. Developing an appropriate response to the identified risks
D. Calculating when an identified risk is likely to occur
Answer: B

QUESTION NO: 3
Which is NOT a purpose of 'embedding and reviewing M_o_R'?
A. Reviewing risk descriptions as a result of changes to the context
B. Improving the risk culture of an organization
C. Identifies the opportunities for updating existing risk management practices.
D. Assessing the implementation of risk management
Answer: A

QUESTION NO: 4
Which activity is focused on when the 'aligns with objectives' principle is applied to the project perspective?
A. Enhancing an existing capability to improve organizational performance
B. Maintaining the appropriate level of business services to customers
C. Delivering a defined business change product within budget
D. Ensuring the on-going viability of the organization
Answer: C

QUESTION NO: 5
Which information does the 'PESTLE analysis' technique help to discover?
A. Future developments that are at the margins of current thinking and planning
B. External factors that may have an impact on an activity
C. Identification of who should communicate with key stakeholders involved in an activity
D. Risks identified on previous similar activities
Answer: B

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Updated: May 24, 2022