CAPM (Certified Associate in Project Management) Practice Exam

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Prepare for the CAPM (Certified Associate in Project Management) exam with our informative quiz. Test your knowledge through multiple-choice questions and detailed explanations to boost your confidence and readiness for the certification.

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

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What does the 'plan risk management' process involve?

Identifying all risks associated with a project
Defining how to conduct risk management activities for a project
Implementing risk responses
Monitoring and controlling risks on a project

The correct answer is: Defining how to conduct risk management activities for a project

The 'plan risk management' process involves defining how to conduct risk management activities for a project. This process focuses on establishing the approach, methodologies, tools, and resources that will be used to manage risks throughout the project lifecycle. By planning risk management at the beginning of a project, the team can ensure a systematic and proactive approach to identifying, analyzing, and responding to potential risks. Option A is incorrect because identifying all risks is part of a different process. Option C is incorrect as implementing risk responses occurs after risks have been identified and analyzed. Option D is incorrect as monitoring and controlling risks is a separate process that comes after the risk management plan has been established in the 'plan risk management' process.