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QUESTION NO: 1
You're a project manager for a large project. Early on, you can identify a number of risks in the project and want to prepare them, and during the implementation phase, you have identified a potential risk. You have identified the response strategy for this risk, you have decided to purchase insurance to deal with this risk; however, the purchase of insurance will cost you $500. This is an example of which risk response strategy?
A. Mitigate
B. Acceptance
C. Avoid
D. Transfer
Answer: D
QUESTION NO: 2
A project manager invites stakeholders to a lessons learned meeting. The stakeholders have different opinions and have previously raised issues What tool or technique can the project manager use to constructively engage the stakeholders?
A. Facilitation
B. Brainstorming
C. Affinity diagram
D. Questionnaires and surveys
Answer: D
QUESTION NO: 3
Which conflict resolution technique is most likely to result in a permanent resolution?
A. Withdrawal
B. Smoothing
C. Compromise
D. Collaborate/Problem solving
Answer: D
QUESTION NO: 4
A project manager has recently been assigned to a long-running project and wants to know who the key influences are on the project and what their level of involvement is. The best document to gather this kind of information is:
A. Project management plan.
B. Human resource management plan.
C. Stakeholder register.
D. Stakeholder management plan.
E. Human resource management plan.
Answer: C
QUESTION NO: 5
In your project, if earned value (EV) is larger than planned value (PV)
A. The project is under budget
B. The project is behind schedule
C. The project is ahead of schedule
D. The project is over budget
Answer: C
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Updated: May 28, 2022