In the context of the PMBOK Guide 7th edition, which value delivery model emphasizes short cycles of work and frequent feedback from stakeholders during project execution?

Select one:

Incremental

Hybrid

Agile

Predictive

Iterative

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During the project integration, which of the following stages involves developing and implementing risk response strategies to address identified risks?

Select one:

Risk Identification Stakeholder Engagement Risk Response Planning Risk Analysis Risk Monitoring and Control

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Which of the following is a key component of risk monitoring and control?

Select one:

a. Risk prioritization b. Periodic risk assessments c. Quantitative risk analysis d. Stakeholder risk tolerance analysis e. Developing contingency plans

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Which of the following best describes the purpose of implementing risk responses?

Select one:

Identifying potential risks and their root causes Analyzing the likelihood and potential impact of identified risks Monitoring and controlling risks throughout the project's implementation phase Communicating identified risks to project stakeholders Ensuring that risk response strategies are executed as planned to address identified risks

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What is the primary purpose of the Risk Register?

Select one:

To establish risk thresholds for each project objective To store project performance data related to risks To document the project's risk management plan To track risk-related issues and their resolution status To record identified risks, their analysis, and planned responses

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Which of the following best describes the Uncertainty Performance Domain in PMBOK Guide 7th Edition?

Select one:

A process for managing stakeholder expectations and communications A system for tracking project requirements and deliverables A set of principles for improving team collaboration and decision-making A method for measuring project performance against baseline A framework for identifying and managing project risks

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Which of the following factors should be considered when tailoring risk management processes for a project, according to the PMBOK Guide 7th Edition?

Select one:

a. The size, complexity, and duration of the project

b. The organization's risk appetite

c. The project team's prior experience with risk management methodologies

d. The project manager's personal preferences

e. The need to use specific software tools for risk management

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Which of the following activities is NOT part of conducting risk management during project execution?

Select one:

Identifying new risks Communicating risks to stakeholders Creating a detailed project schedule Revising risk response plans Monitoring and controlling risks

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Which of the following best describes the purpose of risk audits during project execution?

Select one:

To communicate risks to stakeholders To identify the root causes of risks

To evaluate the overall risk management process To update risk registers with new risks To assess the effectiveness of risk responses