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Category: CAP (v.1)

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

What type of risk response is Sam using?

Sam is the project manager of a construction project in south Florida. This area of the
United States is prone to hurricanes during certain parts of the year. As part of the project
plan Sam and the project team acknowledge the possibility of hurricanes and the damage
the hurricane could have on the project’s deliverables, the schedule of the project, and the
overall cost of the project. Once Sam and the project stakeholders acknowledge the risk of
the hurricane they go on planning the project as if the risk is not likely to happen. What type
of risk response is Sam using?

When will the quantitative risk analysis process need to be repeated?

Fred is the project manager of the PKL project. He is working with his project team to
complete the quantitative risk analysis process as a part of risk management planning. Fred
understands that once the quantitative risk analysis process is complete, the process will
need to be completed again in at least two other times in the project. When will the
quantitative risk analysis process need to be repeated?

Which type of strategies have you used to deal with the risks involved with that particular work?

You are the project manager for a construction project. The project includes a work that
involves very high financial risks. You decide to insure processes so that any ill happening
can be compensated. Which type of strategies have you used to deal with the risks involved
with that particular work?

What type of risk response have you elected to use in this instance?

You are the project manager for GHY Project and are working to create a risk response for
a negative risk. You and the project team have identified the risk that the project may not
complete on time, as required by the management, due to the creation of the user guide for
the software you’re creating. You have elected to hire an external writer in order to satisfy
the requirements and to alleviate the risk event. What type of risk response have you
elected to use in this instance?

Which one of the following is NOT an accomplishment of the qualitative risk analysis process?

You are the project manager of the GHQ project for your company. You are working you’re
your project team to prepare for the qualitative risk analysis process. Mary, a project team
member, does not understand why you need to complete qualitative risks analysis. You
explain to Mary that qualitative risks analysis helps you determine which risks needs
additional analysis. There are also some other benefits that qualitative risks analysis can do
for the project. Which one of the following is NOT an accomplishment of the qualitative risk
analysis process?


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