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 indicates a risk's urgency?

The financial cost to mitigate the risk
Indicators include probability of detecting a risk, time to affect a risk response, symptoms and warning signs, risk rating
The number of resources required to address the risk
The phase of the project during which the risk is identified

The correct answer is: Indicators include probability of detecting a risk, time to affect a risk response, symptoms and warning signs, risk rating

The correct answer is B because the indicators mentioned, such as probability of detecting a risk, time to affect a risk response, symptoms and warning signs, and risk rating, all contribute to understanding the urgency of a risk. By considering these factors, project managers can prioritize and address risks effectively based on their level of urgency or criticality. Options A, C, and D do not directly assess the urgency of a risk like the factors listed in option B.