A project manager decides to release a product one month later, knowing marketing studies have shown doing so could require increased manufacturing capacity. Which of the following risk strategies is being employed?

• A.Transfer
• B.Mitigate
• C.Accept
• D.Exploit

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Which of the following activities are associated with the closing phase of a project?
(Choose two.)

• A.Risk mitigation
• B.Archiving of project documents
• C.Tracking of expenditures
• D.Lessons learned
• E.Quality assurance

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A project's key stakeholders have requested significant changes that will affect the scope. To adjust the project scope, which of the following need to be changed? (Choose two.)

• A.Cost performance parameter
• B.Project schedule
• C.KPI
• D.Corrective action plan
• E.WBS

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A project task has been completed ahead of schedule. Which of the following is the MOST appropriate next step?

• A.Notify the project sponsor of the new completion date.
• B.Provide the next task to the newly freed resource.
• C.Update the schedule and add lag to the next task.
• D.Communicate the success to the team.

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A company has determined it does not have the in-house capability to perform a project and wants to procure third-party services.
Which of the following documents will the company MOST likely release FIRST?

• A.RFO
• B.RFI
• C.RFP
• D.RFQ

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