CGEIT Practice Test

You are the project manager of a large project that will last four years. In this project, you
would like to model the risk based on its distribution, impact, and other factors.
There are three modeling techniques that a project manager can use to include both eventoriented
and project oriented analysis. Which modeling technique does NOT provide eventoriented
and project oriented analysis for identified risks?

A.

Modeling and simulation

B.

Expected monetary value

C.

Sensitivity analysis

D.

Jo-Hari Window

The IT strategy formulation process consists of four steps to provide guidance to all who
are involved. Which of the following steps are performed in the IT strategy formulation
process? Each correct answer represents a complete solution. Choose all that apply.

A.

Decide how to get from here to there.

B.

Evaluate changes.

C.

Assess process maturity.

D.

Map out the big picture.

You work as a project manager for BlueWell Inc. Your project is using a new material to
construct a large warehouse in your city. This new material is cheaper than traditional
building materials, but it takes some time to learn how to use the material properly. You
have communicated to the project stakeholders that you will be able to save costs by using
the new material, but you will need a few extra weeks to complete training to use the
materials. This risk response of learning how to use the new materials can also be known
as what term?

A.

Cost-benefits analysis

B.

Benchmarking

C.

Cost of conformance to quality

D.

Team development

Which of the following best describes the identification, analysis, and ranking of risks?

A.

Plan Risk management

B.

Design of experiments

C.

Fixed-price contracts

D.

Fast tracking

Service Transition contains detailed descriptions of which of the following processes?

A.

Change Management, Capacity Management, Event Management, and Service
Request Management

B.

Service Level Management, Service Portfolio Management, Service Asset and
Configuration Management

C.

Service Asset and Configuration Management, Release Management, and Request
Fulfillment

D.

Change Management, Service Asset and Configuration Management, Release and
Deployment Management