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 is Project Risk Management concerned with?

Allocating project budgets and resources effectively
The design and implementation of project technologies
Ensuring project deadlines are met without exceptions
The processes necessary to conduct risk management planning, identification, analysis, response planning and controlling of risk on a project

The correct answer is: The processes necessary to conduct risk management planning, identification, analysis, response planning and controlling of risk on a project

Project Risk Management is concerned with implementing processes to identify, analyze, and respond to potential risks throughout the duration of a project. This includes planning and controlling risks to ensure the success of the project. Options A, B, and C are incorrect as they focus on different aspects of project management that are not specifically related to risk management. Option A focuses on budget and resource allocation, option B focuses on technology implementation, and option C focuses on meeting deadlines. While these are important elements of project management, they do not encompass the full scope of risk management.