CGEIT Practice Test

Which of the following processes ensures that all vital assets and resources of the
organization are safeguarded?

A.

Defining Resource Requirements process

B.

Cost estimating process

C.

Vendor contract administration process

D.

Risk management process

You are the project manager of the NHQ project for your company. You are working with
your project team to complete a risk audit. A recent issue that your project team responded
to, and management approved, was to increase the project schedule because there was
risk surrounding the installation time of a new material. Your logic was that with the
expanded schedule there would be time to complete the installation without affecting
downstream project activities. What type of risk response is being audited in this scenario?

A.

Avoidance

B.

Mitigation

C.

Parkinson's Law

D.

Lag Time

You are the project manager of a large construction project. You are evaluating the
strengths, weaknesses, opportunities, and threats involved in a project. In which of the
following processes are you on?

A.

Define Scope

B.

Identify Risks

C.

Plan Risk Responses

D.

Plan Risk Management

You work as a project manager for BlueWell Inc. There has been a delay in your project
work that is adversely affecting the project schedule. You decided, with your stakeholders'
approval, to fast track the project work to get the project done faster. When you fast track
the project which of the following are likely to increase?

A.

Costs

B.

Risks

C.

Human resource needs

D.

Quality control concerns

Mary is the business analyst for your organization. She asks you what the purpose of the
assess capability gaps task is. Which of the following is the best response to give Mary?

A.

It identifies the causal factors that are contributing to an effect the solution will solve.

B.

It identifies new capabilities required by the organization to meet the business need.

C.

It describes the ends that the organization wants to improve.

D.

It identifies the skill gaps in the existing resources.