CAPM (Certified Associate in Project Management) Practice Exam

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Study for the CAPM Test. Study with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam!

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The Risk Breakdown Structure is designed to:

Calculate the budget needed for risk management activities
Assign responsibilities for risk management to the project team
Provide a structured approach to reviewing risks by category
Schedule risk management activities throughout the project lifecycle

The correct answer is: Provide a structured approach to reviewing risks by category

The Risk Breakdown Structure (RBS) is designed to provide a structured approach to reviewing risks by category. It helps in organizing and categorizing risks that may affect the project. By breaking down risks into categories, project managers can better understand, analyze, and prioritize them. This allows for a more systematic and comprehensive assessment of potential risks, enabling the project team to develop appropriate risk responses and mitigation strategies. Options A, B, and D do not correctly describe the purpose of the Risk Breakdown Structure. While budgeting, assigning responsibilities, and scheduling risk management activities are important aspects of risk management, they are not the primary purpose of the RBS. The RBS is specifically focused on categorizing and reviewing risks, rather than these other functions.