CAP Certified Authorization Professional

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Showing 13–15 of 15 questions

Question 13 (Volume A)

You are the project manager for your company and a new change request has been approved for your project. This change request, however, has introduced several new risks to the project. You have communicated these risk events and the project stakeholders understand the possible effects these risks could have on your project. You elect to create a mitigation response for the identified risk events. Where will you record the mitigation response?

Select an option, then click Submit answer.

  • Project management plan

  • Risk management plan

  • Risk log

  • Risk register

Question 14 (Volume B)

You work as a project manager for BlueWell Inc. You are working with Nancy, the COO of your company, on several risks within the project. Nancy understands that through qualitative analysis you have identified 80 risks that have a low probability and low impact as the project is currently planned. Nancy's concern, however, is that the impact and probability of these risk events may change as conditions within the project may change. She would like to know where will you document and record these 80 risks that have low probability and low impact for future reference. What should you tell Nancy?

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  • Risk identification is an iterative process so any changes to the low probability and low impact risks will be reassessed throughout the project life cycle.

  • Risks with low probability and low impact are recorded in a watchlist for future monitoring.

  • All risks, regardless of their assessed impact and probability, are recorded in the risk log.

  • All risks are recorded in the risk management plan

Question 15 (Volume C)

Which of the following is a risk response planning technique associated with threats that seeks to reduce the probability of occurrence or impact of a risk to below an acceptable threshold?

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  • Exploit

  • Transference

  • Mitigation

  • Avoidance