CAPM (Certified Associate in Project Management) Practice Exam

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Prepare for the CAPM Exam with challenging questions and comprehensive explanations. Utilize flashcards and multiple choice quizzes to enhance your project management knowledge. Ace your exam with confidence!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

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Which of these are tools and techniques for plan risk responses?

Cost-benefit analysis
Strategies for negative risks/threats and opportunities
Quality audits
Performance appraisals

The correct answer is: Strategies for negative risks/threats and opportunities

Plan Risk Responses involves determining ways to enhance opportunities and reduce threats to the project's objectives. Strategies for negative risks/threats and opportunities are key tools and techniques used in developing risk response plans. This option is correct because it specifically addresses addressing both negative risks/threats and opportunities within the project. Cost-benefit analysis is generally used in the quantitative risk analysis process. Quality audits and performance appraisals are tools and techniques used in Quality Management areas of project management, rather than specifically within Risk Management.