← Back to exam page

CAP – Certified Authorization Professional

Loading demo links...

Showing 10–12 of 15 questions

Question 10 (Volume A)

Jeff, a key stakeholder in your project, wants to know how the risk exposure for the risk events is calculated during quantitative risk analysis. He is worried about the risk exposure which is too low for the events surrounding his project requirements. How is the risk exposure calculated?

Select an option, then click Submit answer.

  • ○

    The probability of a risk event plus the impact of a risk event determines the true risk expo sure.
  • ○

    The risk exposure of a risk event is determined by historical information.
  • ○

    The probability of a risk event times the impact of a risk event determines the true risk exposure.
  • ○

    The probability and impact of a risk event are gauged based on research and in-depth analysis.
Question 11 (Volume B)

Sammy is the project manager for her organization. She would like to rate each risk based on its probability and affect on time, cost, and scope. Harry, a project team member, has never done this before and thinks Sammy is wrong to attempt this approach. Harry says that an accumulative risk score should be created, not three separate risk scores. Who is correct in this scenario?

Select an option, then click Submit answer.

  • ○

    Sammy is correct, because organizations can create risk scores for each objective of the project.
  • ○

    Harry is correct, because the risk probability and impact considers all objectives of the project.
  • ○

    Harry is correct, the risk probability and impact matrix is the only approach to risk assessment.
  • ○

    Sammy is correct, because she is the project manager.
Question 12 (Volume B)

Ned is the program manager for his organization and he's considering some new materials for his program. He and his team have never worked with these materials before and he wants to ask the vendor for some additional information, a demon, and even some samples. What type of a document should Ned send to the vendor?

Select an option, then click Submit answer.

  • ○

    IFB
  • ○

    RFI
  • ○

    RFQ
  • ○

    RFP