Risk & Quality Management Flashcards
7 cards from real CAPM practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Risk & Quality Management flashcards as text
Which tool is used in quality management to display the frequency distribution of data to identify which values occur most often?
Answer: Histogram
A histogram is a bar chart that shows the frequency of data values within ranges, helping teams identify the most common occurrence patterns.
During Monitor Risks, the project manager discovers that risk triggers for a major schedule risk have occurred. The FIRST action should be to:
Answer: Execute the planned risk response
When a risk trigger occurs, the appropriate pre-planned risk response should be executed immediately to address the risk.
A project manager uses the probability and impact matrix to prioritize risks for further analysis. This is an output of which process?
Answer: Perform Qualitative Risk Analysis
Perform Qualitative Risk Analysis uses the probability and impact matrix to rank risks and determine which warrant further quantitative analysis.
Which of the following BEST describes the purpose of a quality checklist?
Answer: To verify that required steps have been completed
Quality checklists are structured tools used to verify that a set of required steps has been performed and nothing has been overlooked.
The risk urgency assessment considers which factor when prioritizing risks?
Answer: How soon a risk response must be implemented
Risk urgency assessment prioritizes risks based on the timeframe within which a response must be implemented before the risk becomes unmanageable.
A project manager wants to understand how changes in one variable affect the project outcome. Which tool is MOST appropriate?
Answer: Tornado diagram
A tornado diagram ranks variables by their influence on project outcomes, with the most impactful variables shown at the top as wider bars.
Which of the following is an example of cost of nonconformance?
Answer: Reworking a defective deliverable
Cost of nonconformance includes costs incurred because of failures, such as rework, scrap, warranty claims, and loss of business.