The degree of uncertainty an entity is willing to take on in anticipation of a reward is known as its risk:

1. A. management
2. B. response
3. C. tolerance
4. D. appetite

Correct Answer: D

An electronics firm authorizes a new project to develop a faster, cheaper, and smaller laptop after improvements in the industry and electronics technology. With which of the following strategic considerations is this project mainly concerned?

1. A. Customer request
2. B. Market demand
3. C. Technological advance
4. D. Strategic opportunity

Correct Answer: C

The progressive detailing of the project management plan is called:

1. A. expert judgmen
2. B. rolling wave plannin
3. C. work performance informatio
4. D. specificatio

Correct Answer: B

Which items are components of a project management plan?

1. A. Change management plan, process improvement plan, and scope management plan
2. B. Agreements, procurement management plan, and work performance information
3. C. Schedule management plan, project schedule, and resource calendars
4. D. Scope baseline, project statement of work, and requirements traceability matrix

Correct Answer: A

The number of potential communication channels for a project with 5 stakeholders is:

1. A. 10.
2. B. 12.
3. C. 20.
4. D. 24.

Correct Answer: A