PMP Questions ID 2820 a project manager facilitates a meeting with the project team to review an assessment of risks re

A project manager facilitates a meeting with the project team to review an assessment of risks recently completed. During this meeting, they evaluate options for responding to the risks. It is decided that two risks will not receive any action and that they will deal with the consequences at the time of occurrence, should they occur. What type of risk response is this?

Select one

Mitigation

Passive acceptance

Avoidance

Active acceptance

A project manager meets with the project sponsor for a weekly update. Company performance has been rocky, and the sponsor nervously asks what the chances are of the project coming to a successful closure. To date, the project has been on track and is nearing the end of Execution. How should the project manager respond?

Select one

The likelihood of successful completion is high.

The likelihood of successful completion is highest.

The likelihood of successful completion is low.

The likelihood of successful completion is lowest.

Yasmin is a project manager tasked with putting together the project charter for a project that will produce a new line of widgets for the company. After meeting with various key stakeholders, she sits down to draft the document. Yasmin is likely to include all of the following elements within the project charter except for which one?

Select one

List of detailed risks

Purpose of the project

List of key stakeholders

Preapproved budget

Select one

When the project budget is consumed, the scope is developed, and the schedule milestones are achieved

When the project budget is consumed and the schedule milestones are achieved

When project benefits are realized and the stakeholder needs and expectations are met

When objectives are achieved and the stakeholder needs and expectations are met

A short, time-bound period of work is also referred to as which of the following?

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