Which describes the ‘Implement’ step within the recommended risk management procedure?
A. Project Support will allocate the risk budget to fund the selected risk responses
B. The risk owner will decide the best response to control the risk
C. The risk owner and the risk actionee will carry out activities to control and deal with the risk
D. The Project Manager will formulate the Risk Management Strategy
Which statement defines a risk?
A. A certain event occurring in the future that will have a negative impact on the project’s objectives
B. An event that has already occurred that the Project Manager must deal with immediately
C. An uncertain event, or set of events that, should it or they occur, will have an effect on the achievement of
objectives
D. An uncertain event, or set of events that, should it or they occur, will be automatically escalated to the Project Board for a response
Which of the following is the Business Case used for during the Managing a Stage Boundary process?
A. Enable the Project Board to decide whether or not to authorize the project
B. Justify the continuing viability of the project
C. Enable the Project Board to decide whether or not to authorize project closure
D. Justify the initiation of a project
Which principle helps to define what should be included and what should be excluded from a project?
A. Defined roles and responsibilities
B. Focus on products
C. Manage by stages
D. Continued business justification
Which provides a single source of reference that may be used by people joining a project after it has been initiated so they can quickly and easily find out how the project is being managed?
A. Project Brief
B. Project Initiation Documentation
C. Project mandate
D. Project Product Description
Which theme provides the controls to escalate any forecast beyond tolerance to the next management level?
A. Business Case
B. Plans
C. Progress
D. Quality
Which describes the ‘Identify Risks’ step within the recommended risk management procedure?
A. Identify responses to risks documented in the Business Case
B. Gather information about the project environment and objectives
C. Identify the roles to be involved in risk management activities
D. Identify uncertainties that may impact on the delivery of the project objectives
Which is a difference between management and technical stages?
A. Management stages require planning and technical stages do not
B. Technical stages can overlap and management stages cannot
C. Management stages deliver products and technical stages do not
D. Technical stages require resources and management stages do not
Where should a Team Manager look for information on the quality required for a product?
A. Project Initiation Documentation
B. Product Description
C. Team Plan
D. Quality Management Strategy
What process ensures focus on the delivery of a stage’s products and avoids uncontrolled change?
A. Directing a Project
B. Managing a Stage Boundary
C. Controlling a Stage
D. Starting up a Project