Question 1

Which of the following is true for Cost Performance Index (CPI)?

Options :

A : If the CPI > 1, it indicates better than expected performance of project

B : CPI = Earned Value (EV) * Actual Cost (AC)

C : It is used to measure performance of schedule

D : If the CPI = 1, it indicates poor performance of project

Answer: A

Question 2

You are working on a project in an enterprise. Some part of your project requires e-commerce, but your enterprise choose not to engage in e-commerce. This scenario is demonstrating which of the following form?

Options :

A : risk avoidance

B : risk treatment

C : risk acceptance

D : risk transfer

Answer: A

Question 3

Which of the following interpersonal skills has been identified as one of the biggest reasons for project success or failure?

Options :

A : Motivation

B : Influencing

C : Communication

D : Political and cultural awareness

Answer: C

Question 4

Management has implemented two new preventative controls to address a risk found in an audit. Following closure of the issue, which of the following is MOST important to update in the risk register?

Options :

A : Key controls

B : Likelihood

C : Inherent risk

D : Impact

Answer: A

Question 5

Which of the following should be the risk practitioner's FIRST course of action when an organization has decided to expand into new product areas?

Options :

A : Review existing risk scenarios with stakeholders.

B : Present a business case for new controls to stakeholders.

C : Revise the organization-s risk and control policy.

D : Identify any new business objectives with stakeholders.

Answer: A

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