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Week 5-6 Quiz

Authored by ayomide owokade

Professional Development

12th Grade

Used 1+ times

Week 5-6 Quiz
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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a Resource Management Plan?

A document for managing project finances

A document outlining how project resources will be managed

A plan for stakeholder communication

A schedule for project tasks

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a key component of a project budget?

Resource Management Plan

Direct costs

Indirect costs

Contingency reserves

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of a Procurement Management Plan?

To create a project schedule

To define project quality standards

To outline how procurement will be managed

To manage project risks

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a key activity in Risk Management?

Resource Allocation

Communication Planning

Risk Identification

Cost Management

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the term 'Risk Mitigation' refer to?

Identifying potential risks

Accepting the risk without action

Reducing the probability or impact of a risk

Transferring risk to another party

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the first step in the Change Management Process?

Identify Change

Log Change

Assess Impact

Implement Change

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which component is NOT part of the Quality Management Plan?

Quality Control

Resource Allocation

Quality Assurance

Quality Planning

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