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PMI-001 Exam Dumps - Project Management Professional v5

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Question # 41

Which risk response strategy is common for both positive and negative risks?

A.

Share

B.

Accept

C.

Mitigate

D.

Transfer

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Question # 42

A process is defined as:

A.

A set of interrelated actions and activities performed to achieve a certain objective.

B.

A set of guidelines that explains how to carry out a particular task.

C.

The inputs for a task and the tools and techniques required to carry out the task.

D.

A collection of logically related project activities, usually culminating in the completion of a major deliverable.

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Question # 43

The run chart created during the Perform Quality Control process on a project is used to show the:

A.

relationship between two variables

B.

data points plotted in the order in which they occur

C.

most common cause of problems in a process

D.

frequency of occurrence

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Question # 44

Quality and credibility of the qualitative risk analysis process requires that different levels of the risk’s probabilities and impacts be defined is the definition of what?

A.

Risk breakdown structure (RBS)

B.

Risk probability and impact

C.

Qualitative risk analysis

D.

Risk response planning

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Question # 45

Which of the following is an output from Control Scope?

A.

Change requests

B.

Variance analysis

C.

Accepted deliverables

D.

Requirements documentation

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Question # 46

Which of the following is a component of three-point estimates?

A.

Probabilistic

B.

Most likely

C.

Expected

D.

Anticipated

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Question # 47

Which of the following is a tool or technique for the Plan Procurements process?

A.

Bidder conferences

B.

Proposal evaluation techniques

C.

Contract types

D.

Contract change control systems

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Question # 48

Organizational planning impacts projects by means of project prioritization based on risk, funding, and an organizations:

A.

Budget plan

B.

Resource plan

C.

Scope plan

D.

Strategic plan

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