CAP Practice Test

CAP Practice Test practice questions, page 16 of 16, with answer review and explanations.

Question 76

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?

  1. Mitigation
  2. Avoidance
  3. Passive acceptance
  4. Active acceptance

Question 77

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?

  1. Quantitative risk analysis process will be completed again after the plan risk response planning and as part of procurement.
  2. Quantitative risk analysis process will be completed again after the cost management planning and as a part of monitoring and controlling.
  3. Quantitative risk analysis process will be completed again after new risks are identified and as part of monitoring and controlling.
  4. Quantitative risk analysis process will be completed again after the risk response planning and as a part of monitoring and controlling.

Question 78

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?

  1. Transfer
  2. Mitigate
  3. Accept
  4. Avoid

Question 79

Which of the following are included in Administrative Controls? Each correct answer represents a complete solution. Choose all that apply.

  1. Conducting security-awareness training
  2. Screening of personnel
  3. Monitoring for intrusion
  4. Implementing change control procedures
  5. Developing policy