PMI -Certified Associate in Project Management (CAPM) Certification Set 17

A risk is identified ✘ An identified risk occurs ✘ When a workaround is needed ✘ All of the above ✔

A process of formally recognizing that a new project exists ✘ A process of formally recognizing that an existing project should continue into its next phase ✘ It links the project to the ongoing work of the performing organization ✘ Its inputs are product description, strategic plan, constraints, and assumptions ✔

Run Chart ✘ Trend Analysis ✘ Outliers ✘ Cycle ✔

CPM ✘ PERT ✘ Schedule Simulation ✘ Path Convergence Method ✔

Collect Requirements, Sequence Activities, and Plan Communications ✘ Plan Quality, Plan Communications, and Risk Response Development ✘ Define Scope, Estimate Activity Durations, and Determine Budget ✘ Collect Requirements, Define Activities, Estimate Costs, Plan Quality, and Plan Risk Responses ✔

The risk event has a low probability of occurrence and low impact. ✘ The risk event is unacceptable - generally one with a very high probability of occurrence and high impact. ✘ The risk can be transferred by purchasing insurance. ✘ A risk event can never be avoided. ✔

Identifying project goals ✘ Obtaining commitment ✘ Presenting the project cost ✘ Introducing the stakeholders ✔

Communications plan ✘ Control Scope plan ✘ Staffing management plan ✘ Training development plan ✔

Stakeholder requirements ✘ Project performance ✘ Schedule progress ✘ Cost and schedule ✔

Edward Deming ✘ PhiliP Crosby ✘ Juran ✘ Pareto ✔