Online Access Free PC0-004 Exam Questions

Which describes a risk effect?

• A.The issue which is affecting the project and has resulted in a risk
• B.The change in the statusof a risk in response to actions taken to control it
• C.The uncertainty expressed as a negative or favourable occurrence
• D.The impact(s) on the project objectives should the threat or opportunity occur

Which of the following statements about lines of authority and reporting are true?
1. The Project Manager has day-to-day control for a management stage within the limits laid down by the Project Board.
2. If a Team Manager forecasts a deviation beyond Work Package tolerances, this should be referred to the Project Manager down by the Project Board.

• A.Neither 1 or 2 are true
• B.Both 1 and 2 are true
• C.Only 2 is true
• D.Only 1 is true

Which may be funded from a risk budget?

• A.Producing risk summaries for inclusion in Highlight Reports
• B.Specific management responses to a project's threats and opportunities
• C.Capturing identified threats and opportunities in the Risk Register
• D.Any remaining open risks after the project has been closed

Identify the missing words in the following sentence. The role of [ ? ] is responsible for carrying out a risk response action to respond to a particular risk.

• A.the risk owner
• B.Project Assurance
• C.Project Support
• D.the risk actionee

Which of the following is NOT an event-driven control?

• A.Project mandate
• B.Exception Report
• C.End of a stage
• D.Checkpoint Report