Practice Quiz

Risk Management Professional Exam Prep - Question List

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6. The project planning process involves a lot of redundancy, checking and reviewing of plan details; however, to be most effective you shouldn’t publish your proposed project plan until after this important step:
  1. Risk assessment
  2. Segmenting of the WBS into smaller, workable pieces
  3. Receipt of resource commitments
  4. Creation of a budget
  5. None of the above
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7. Joe's system has a Recovery Point Objective (RPO) of 24 hours. What does this mean?
  1. Joe's people must be in the office performing the process 24 hours after a disaster or disruption.
  2. Joe has 24 hour to decide what to do in event of an emergency.
  3. No more than 24 hours of data can be lost.
  4. All data related to the process must be recovered within 24 hours.
  5. Joe's process must be restored after 24 hours.
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8. True or false: A contingency reserve should be a specific percentage of each budget:
  1. True
  2. False
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9. Jack is concerned about slack. His project at the corporate offices of Taco Shack is catching flack, because it might be off track, and impact his delivery date. Given that, which type of slack best represents the above?
  1. Near critical path float
  2. Total float
  3. Project float
  4. Free float
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10. Which component of the “Triple Constraint” concept is part of the newer, expanded definition of this term according to the PMI?
  1. Cost
  2. Time
  3. Risk
  4. Scope
  5. Stakeholders
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