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  1. Home
  2. PMI Certification
  3. CAPM Exam
  4. PMI.CAPM.v2024-04-10.q314 Dumps
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Question 156

One of the objectives of a quality audit is to:

Correct Answer: B
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Question 157

Which technique helps to determine the risks that have the most potential impact on a project?

Correct Answer: D
Section: Volume D
Explanation
Explanation:
11.4.2.2 Quantitative Risk Analysis and Modeling Techniques
Commonly used techniques use both event-oriented and project-oriented analysis approaches, including:
* Sensitivity analysis. Sensitivity analysis helps to determine which risks have the most potential impact on the project. It helps to understand how the variations in project's objectives correlate with variations in different uncertainties. Conversely, it examines the extent to which the uncertainty of each project element affects the objective being studied when all other uncertain elements are held at their baseline values.
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Question 158

What type of risk is Variability risk?

Correct Answer: C
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Question 159

A project manager is appointed full-time to a project and is given full-time administrative staff and full-time project team members.
This situation describes which type of organizational structure?

Correct Answer: A
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Question 160

Which stakeholder communicates with higher levels of management to gather organizational support and promote project benefits?

Correct Answer: B
Section: Volume E
Explanation:
Sponsor. A sponsor is the person or group who provides resources and support for the project and is accountable for enabling success. The sponsor may be external or internal to the project manager's organization. From initial conception through project closure, the sponsor promotes the project. This includes serving as spokesperson to higher levels of management to gather support throughout the organization and promoting the benefits the project brings. The sponsor leads the project through the initiating processes until formally authorized, and plays a significant role in the development of the initial scope and charter. For issues that are beyond the control of the project manager, the sponsor serves as an escalation path. The sponsor may also be involved in other important issues such as authorizing changes in scope, phase-end reviews, and go/no-go decisions when risks are particularly high. The sponsor also ensures a smooth transfer of the project's deliverables into the business of the requesting organization after project closure.
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