CAPM (Certified Associate in Project Management) Practice Exam

Which organizational process assets can influence the identification of risks?

1. Org and project process controls and risk statement formats

2. Stakeholder's risk tolerance and project scope statement

3. Financial controls and procurement documents

4. Change control procedures and technical documentation

The correct answer is: Org and project process controls and risk statement formats

Organizational process assets such as organizational and project process controls and risk statement formats can significantly influence the identification of risks in a project. These assets provide the framework and guidelines necessary to identify, assess, and manage risks effectively throughout the project lifecycle. By having well-defined processes and formats in place, project teams can systematically identify and analyze potential risks, helping to ensure that risks are properly understood and addressed in a timely manner. Options B, C, and D do not directly relate to the identification of risks. While stakeholder's risk tolerance and project scope statement may impact risk management decisions, they do not specifically influence the identification of risks. Similarly, financial controls, procurement documents, change control procedures, and technical documentation are important organizational assets for project management but do not directly impact the identification of risks.