- (Topic 2)
The degree, amount, or volume of risk that an organization or individual will withstand is called risk:

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

Correct Answer: B

- (Topic 3)
A measure of cost performance that is required to be achieved with the remaining resources in order to meet a specified management goal and is expressed as the ratio of the cost needed for finishing the outstanding work to the remaining budget is known as the:

1. A. budget at completion (BAC)
2. B. earned value management (EVM)
3. C. to-complete performance index
4. D. cost performance index

Correct Answer: C

- (Topic 3)
Which estimating technique uses the actual costs of previous similar projects as a basis for estimating the costs of the current project?

1. A. Analogous
2. B. Parametric
3. C. Bottom-up
4. D. Top-down

Correct Answer: A

- (Topic 2)
At the completion of a project, a report is prepared that details the outcome of the research conducted on a global trend during the project. Which item did this project create?

1. A. Result
2. B. Product
3. C. Service
4. D. Improvement

Correct Answer: A

- (Topic 1)
Risk categorization is a tool or technique used in which process?

1. A. Plan Risk Responses
2. B. Plan Risk Management
3. C. Perform Qualitative Risk Analysis
4. D. Perform Quantitative Risk Analysis

Correct Answer: C