DEMO QUESTIONS

Q1: Which of the following is the MOST important information for determining the critical path of a project?

A: Regulatory requirements

B: Cost-benefit analysis

C: Specified end dates

Correct Answer: C

Q2: A key risk indicator (KRI) is PRIMARILY used for which of the following purposes?

A: Optimizing risk management

B: Predicting risk events

C: Facilitating dashboard reporting

Correct Answer: B

Q3: Which of the following is important to ensure when validating the results of a frequency analysis?

A: Estimates used during the analysis were based on reliable and historical data.

B: The analysis was conducted by an independent third party.

C: The analysis method has been fully documented and explained.

Correct Answer: A

Q4: An enterprise is currently experiencing an unacceptable 8% processing error rate and desires to manage risk by establishing a policy that error rates cannot exceed 5%. In addition, management wants to be alerted when error rates meet or exceed 4%. The enterprise should set a key performance indicator (KPI) metric at which of the following levels?

A: 5%

B: 4%

C: 8%

Correct Answer: B
[acf_quiz]

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