CPE Risk Management & Quality Assurance

Question 1

What is the goal of risk management in projects?

Accepted Answer

Identify and mitigate risks

Answer

Ignore potential risks

Answer

Increase project risks

Answer

Delay decision-making

Question 2

What is a risk register used for?

Accepted Answer

Document risks and mitigation

Answer

Track project schedules

Answer

Record team attendance

Answer

Manage budgets

Question 3

Which quality assurance activity ensures project standards?

Accepted Answer

Quality audits

Answer

Cost estimation

Answer

Resource leveling

Answer

Schedule monitoring

Question 4

What does risk mitigation involve?

Accepted Answer

Reduce risk likelihood or impact

Answer

Ignore risks

Answer

Increase risks

Answer

Postpone risk identification

Question 5

What is the purpose of a quality management plan?

Accepted Answer

Define and achieve quality standards

Answer

Manage project finances

Answer

Plan resource allocation

Answer

Schedule tasks

Question 6

Which technique helps identify risks early?

Accepted Answer

Risk identification

Answer

Quality control

Answer

Budgeting

Answer

Resource leveling

Question 7

What is the difference between quality assurance and quality control?

Accepted Answer

Processes vs product inspection

Answer

Both are the same

Answer

QA is optional

Answer

QC is only for finance

Question 8

Why is risk monitoring necessary?

Accepted Answer

Track and detect risks

Answer

Ignore risks

Answer

Increase risks

Answer

Delay mitigation

Question 9

How does quality assurance contribute to project success?

Accepted Answer

Ensures standards met

Answer

Reduces team effort

Answer

Increases project cost

Answer

Limits client involvement