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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What indicates a risk's urgency?

  1. The financial cost to mitigate the risk

  2. Indicators include probability of detecting a risk, time to affect a risk response, symptoms and warning signs, risk rating

  3. The number of resources required to address the risk

  4. 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.

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