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Certified Associate in Project Management (CAPM) Questions and Answers

Question 89

Which are the main objectives of Project Risk Management?

Increase the probability of positive risks and decrease the probability of negative risks

Avoid all kind of risks

Increase the probability of positive risks and eliminate all negative risks

Identify positive and negative risks

Question 90

Which format can a network diagram take?

Flow chart

Control chart

Affinity diagram

Cause-and-effect diagram

Question 91

Why is tailoring required in a project?

Because a one-size-fits-all approach avoids complications and saves time.

Because every project is unique and not every tool, technique, input, or output identified in the PMBOK Guide is required.

Because tailoring allows us to identify the techniques, procedures, and system practices used by those in the project.

Project managers should apply every process in the PMBOK Guide to the project, so tailoring is not required.

Question 92

What should a project manager use to determine how much money is needed to complete a project?

Earned value management (EVM)

Estimate at completion (EAC)

Earned value analysis (EVA)

Budget at completion (BAG)