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Question 1

What is the purpose of risk management in a project?

Options :

A : To ignore potential risks

B : To identify, assess, and manage potential risks

C : To transfer all risks to a third party

D : To eliminate all risks

Answer: B

Question 2

Which of the following is true regarding differences between linear and iterative life cycles?

Options :

A :

A linear life cycle is best for evolving projects whereas an iterative life cycle is better for more structured projects.

B : A linear life cycle is sequential whereas an iterative life cycle repeats one or more phases.

C :

A linear life cycle is always longer in duration whereas an iterative life cycle is always shorter in its duration.

D :

A linear life cycle is formally managed by A. dedicated project manager whereas management responsibility is shared in an iterative life cycle

Answer: B

Question 3

What is the most likely conclusion resulting from a PESTLE analysis?

Options :

A : The agreed end date for the project.

B : A list of possible stakeholders.

C : The number of project phases necessary.

D : The size of the project team required.

Answer: B

Question 4

One purpose of a typical project business case is to:

Options :

A : carry out earned value analysis.

B : allocate resources to the project.

C : analyse cost-benefit of the project.

D : plan project work packages

Answer: C

Question 5

When in the project life cycle should the deployment baseline be formed?

Options :

A : Deployment phase.

B : Concept phase.

C : Definition phase.

D : Transition phase.

Answer: C