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Category: CAP (v.1)

Exam CAP: Certified Authorization Professional (update December 11th, 2016)

What is the likely outcome of creating this type of chart?

Your project has several risks that may cause serious financial impact should they happen.
You have studied the risk events and made some potential risk responses for the risk
events but management wants you to do more. They’d like for you to create some type of a
chart that identified the risk probability and impact with a financial amount for each risk
event. What is the likely outcome of creating this type of chart?

Which of the following statement is most accurate about the limitations of the checklist analysis approach for

Gary is the project manager of his organization. He is managing a project that is similar to a
project his organization completed recently. Gary has decided that he will use the
information from the past project to help him and the project team to identify the risks that
may be present in the project. Management agrees that this checklist approach is ideal and
will save time in the project. Which of the following statement is most accurate about the
limitations of the checklist analysis approach for Gary?

What will be Neil’s reply to Tom?

Neil works as a project manager for SoftTech Inc. He is working with Tom, the COO of his
company, on several risks within the project. Tom understands that through qualitative
analysis Neil has identified many risks in the project. Tom’s concern, however, is that the
priority list of these risk events are sorted in “high-risk,” “moderate-risk,” and “low-risk” as
conditions apply within the project. Tom wants to know that is there any other objective on
which Neil can make the priority list for project risks. What will be Neil’s reply to Tom?


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