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2021 Feb CGEIT download
Q61. Melody is the project manager for her organization. She has created a risk response to conduct more tests on the software her project is creating. The identified risk that prompted this response was that the software is mission-critical and must be flawless before it can be put into product. What type of a risk response has Melody used in this scenario?
Q62. Amy is the project manager for her company. In her current project the organization has a very low tolerance for risk events that will affect the project schedule. Management has asked Amy to consider the affect of all the risks on the project schedule. What approach can Amy take to create a bias against risks that will affect the schedule of the project?
A. She can filter all risks based on their affect on schedule versus other project objectives.
B. She can have the project team pad their time estimates to alleviate delays in the project schedule
C. She can shift risk-laden activities that affect the project schedule from the critical path as much a possible.
D. She can create an overall project rating scheme to reflect the bias towards risks that affect the project schedule.
Q63. What is the formula for measuring the "usage gap"?
A. Usage gap = market potential - existing usage
B. Usage gap = market potential * existing usage
C. Usage gap = market potential / existing usage
D. Usage gap = market potential + existing usage
Q64. Which of the following activity loops describes improvement of the existing processes?
A. Loop 3
B. Loop 4
C. Loop 1
D. Loop 2
Q65. Which of the following concepts is used to reduce the errors produced during the manufacturing or service process, increase customer satisfaction, streamline supply chain management, aims for modernization of equipment and ensures workers have the highest level of training?
A. Balanced Scorecard (BSC)
B. Six Sigma
C. Total Quality Management
D. Total Security Management
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Q66. You are the project manager of a newly formed project to create a new manufacturing facility. You are working with a business analyst to identify, document, and prioritize stakeholders' needs for the facility. You'll also need to quantify any subjective terms and needs to define the project scope.
What is this process called?
A. Requirements analysis
B. Project scope statement creation
C. Requirements gathering
D. Stakeholder analysis
Q67. Your project is an agricultural-based project that deals with plant irrigation systems. You have discovered a byproduct in your project that your organization could use to make a profit you’re your organization seizes this opportunity it would be an example of what risk response?
Q68. As seen from the perspective of how the enterprise defines and executes business strategies to achieve its goals and objectives, which of the following elements does the ERM comprise of? Each correct answer represents a complete solution. Choose all that apply.
A. Enhancing risk response decisions
B. Providing integrated responses to few risks
C. Reducing operational surprises and losses
D. Aligning risk appetite and strategy
Q69. Which of the following processes is responsible for low risk, frequently occurring low cost changes?
A. Incident Management
B. IT Facilities Management
C. Release Management
D. Request Fulfillment
Q70. Which of the following essential elements of IT Portfolio Investment Management enables portfolio managers to include or exclude investments, change start and end dates, adjust budgets and reevaluate priorities?
A. Integrated Capability
B. Portfolio Planning Analysis
C. Portfolio What-If Planning
D. Portfolio Management
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