CPT Risk Assessment & Management 3

Question 1

In performance consulting, 'scope creep' during an intervention design project is best categorized as what type of risk?

Accepted Answer

Project management risk

Answer

Scope creep is a project management risk that expands deliverables beyond the original agreement, threatening timelines and budgets.

Question 2

Which of the following BEST describes a 'residual risk' in performance improvement planning?

Accepted Answer

Risk remaining after mitigation strategies have been applied

Answer

Residual risk is the level of risk that persists even after planned controls and countermeasures have been implemented.

Question 3

A CPT notices that subject matter experts are unavailable during the critical design phase. This is an example of which category of project risk?

Accepted Answer

Resource risk

Answer

Resource risk involves the unavailability of people, skills, equipment, or budget needed to execute the project as planned.

Question 4

When using a Failure Mode and Effects Analysis (FMEA) in HPT, what does the 'detectability' rating measure?

Accepted Answer

How easily a failure can be identified before it causes harm

Answer

Detectability in FMEA rates how easily the failure mode can be identified before the effect reaches the end user or causes damage.

Question 5

An organization chooses to purchase insurance for a performance improvement rollout that involves significant financial exposure. This is an example of:

Accepted Answer

Risk transference

Answer

Risk transference shifts the financial consequence of a risk to another party, such as an insurer or contracted vendor.

(CPT) Certified Performance Technologist Practice Test

(CPT) Certified Performance Technologist Practice Test

CPT Risk Assessment & Management 3