Which describes a risk event?
A. The area of uncertainty in terms of the threat or opportunity
B. The derivation or sources of a potential risk to the project
C. The achievement of a milestone on the Project Plan
D. The sequence of events and actions that will be put in place if a risk occurs
During the Initiating a Project process, which product is updated to incorporate the estimated time and costs from the Project Plan?
A. Project Product Description
B. Business Case
C. Project Brief
D. Project mandate
Which is a purpose of a Lessons Report?
A. Improve the project management method for future projects
B. Detail open issues and risks that need to be managed after the project has closed
C. Compare the actual performance of the final stage against its plan
D. Provide a summary of the benefits realized during the project
Identify the missing words in the following sentence. A Change Authority may be given a [?] to enable it to finance new requirements.
A. change budget
B. cost tolerance
C. risk budget
D. scope tolerance
How is a Benefits Review Plan used in the Closing a Project process?
A. Checked for inclusion of activities to confirm those benefits which cannot be measured until after project closure
B. To capture the baseline measures against which to assess benefits
C. To capture side-effects (beneficial or adverse) identified during post-project benefits reviews
D. To gain approval for the post-project activities and transfer responsibility to corporate or programme management
Identify the missing word in the following sentence, A purpose of the [?] theme is to control any unacceptable deviations from the project’s objectives.
A. Change
B. Plans
C. Progress
D. Risk
Which is a responsibility of a Team Manager?
A. Producing Highlight Reports for the Project Manager
B. Reviewing the status of the stage
C. Setting Work Package tolerances
D. Ensuring delivery of products in the Managing Product Delivery process
What theme provides all management levels within the project management team with mechanisms for monitoring and control?
A. Progress
B. Change
C. Organization
D. Quality
What do acceptance criteria identify?
A. The approach that will be used to prove whether the project’s products have been completed
B. A measureable improvement resulting from a project outcome
C. The measureable definitions of the attributes for a set of products to be acceptable to key stakeholders
D. The project controls set up during the process Initiating a Project
Which should be funded by a change budget?
A. Increase in agreed scope
B. Increase in agreed scope
C. Increase in agreed scope
D. Handover activities
Note: Options A,B, C are the same, and this is how I got it! Something is not ok in here for sure 🙂